Han Court CEO hanting: Investment industry, entrepreneurs are very impetuous

Hanting (middle) Huang (left) and Zhou Shuhua (right) visit Sina to talk about the first round of financing (Sina Science and Technology map) Click here to see all the technology pictures Sina Science and technology news July 10, the Han Court hotel chain founder, chairman and CEO Hanting, Ding Hui investment partner Huang, 　　Zhou Shuhua, a partner of the Arctic Light venture, is visiting Sina this morning and has made an in-depth exchange of 85 million dollars for the Chinese Court Hotel.　　On the evening of July 9, the Han court announced the first round of financing for the first round of financing by the Chinese court, which was the capital of the Idg-accel, the fund, the Northern Lights, the Growth fund of the North Aurora and the five venture capital institutions of the Bank of China.　　The following is a wonderful view of chat: hanting: Currently in the global Look, terminal limited service hotel is a limited service hotel mainstream. About take how much money, how to take, take whose money, indeed we also considered for a long time, this time we should call the entire contract amount is so much, but I think that can play a not too much dilution of the company's equity, but also to keep the company a better numerical development, this value I think is a better value,　　I think this value is a relatively ideal choice of a numerical value.　　First of all, thank them to me so high an evaluation, they put our evaluation of the higher my pressure, they just said after I am stressed again, this feeling general people I think may melt the capital happy, now I feel more and more pressure. 　　China's services and manufacturing are different, manufacturing is made in China, sold all over the world, I think China's service industry is to provide services in China, but also to serve the people in China, the market, whether a provider or recipient is in China, it gives us entrepreneurs a very good opportunity. First of all, we entrepreneurs are humble at this time, I think now everyone is very impetuous, whether it is investors, do not say you, the investment industry entrepreneurs are very impetuous, think the money is easy to take, it is easy to go on the market, I think the entrepreneur must be very humble, this time you can clearly see what everyone is thinking,　　The purpose of their investment, the vision, for people how. I suggest that users do not put too much energy on the financing of an enterprise, for example, how much money to get, where the listing, this is very beautiful, very good-looking, but if the user wants to start their own business, or in the enterprise to do their own, he should pay more attention to the fundamentals of the enterprise, the trend and development of the industry,　　Different industry subdivisions and some small tricks inside.　　Huang: Our investment in the Han court is the main passion, we feel hanting as a number of entrepreneurial entrepreneurs, is a rare blue-chip entrepreneurs in China, so this is what we think is the most critical investment reasons.　　Mid-range Hotel market there is a huge potential for a company to create a multiple-brand, multi-platform group. In fact, I was always impressed by the season is the season always tell me, this is a lifelong career that he is going to do for the rest of his life, which is particularly touching me. A shares listed on the Nasdaq, the most important distinction is that the valuation of an enterprise in a a-share market is estimated by historical data, whereas in the US the Nasdaq is valued for the expected performance of the next 12 months, or even 24 months, so for a high-growth business, 　　If you're at the fastest-rising stage of the IPO, it might be a big difference on both sides of the valuation, which could be a more real question of how to reconcile the two-something relationship.　　Zhou Shuhua: For VC team is the most important, I think the season is not only a personal success, a venture, see hanting Entrepreneurship of each company you will always see a few very capable people, and long-term cooperation with him, I think it is very rare a quality.　　Whether China and the United States see some entrepreneurial, like the total addictive in one industry to do things is our VC the biggest gospel, we need such people.　　I think, hanting entrepreneurship for many years, the first glimpse of him is a beauty, now see is a fairy, do business from the original see very methodical, to now is getting better, so I believe that the season always if he has such an enthusiastic to start a business, the future can also create a greater good business. The Arctic light originally cast like TMT, why now to invest in service industry, in fact, the safest thing for us is to cast a company like the season, you will find that the chain of business from a deeper level of business model and the Internet is the same, it is to a certain period will be very rapid growth, the second network effect, Because the same people can live in different hotels, then there is the brand effect, in fact, this and the Internet, and these are very similar.