Honesty, the final bottom line of VC

April 13 News, "once discovered that the entrepreneurial team in the integrity of the problem, basically the VC will refuse to invest," in the April 13 venture capital annual meeting, a lot of VC reached a consensus. DFJ Eplanet, executive director of the Global venture capital fund Sun Wenhai, said that as a VC, the most reluctant to see the entrepreneurial team appear integrity issues. "Entrepreneurs financing, if we found in the integrity of the problem, I believe that basically 100% of VC will reject you, this is all VC least like one." "We typically spend a few months looking at the CEO's quality," said 龚挺, a partner at Haina Foundation, who says investing in a project is not possible without seeing people or deciding in one day.　　In addition to the CEO's quality, 龚挺 says, he also attaches great importance to the CEO's commitment to his career is not "very knowledgeable, very confident, very enthusiastic," and his own management ability.　　"There are more than 20 years of entrepreneurial history in the United States, many CEOs are the second and third startups, so" you can make a few calls on his personal qualities, "said Cao, partner at Lighteed Venture.　　Cao Darong that this is a very simple thing in Silicon Valley, and in China, through a little things, constant communication can be judged "is not a win can be a partnership of entrepreneurs."　　"If we do an economic survey and find out any problems, especially if we find moral problems, we are basically pushing them away," SAIF partner Wu Junping, the SoftBank investment bank, revealed the bottom line of the fund. Zhou, general manager of Asia-rich, said that investors are so attached importance to integrity, because the start-up company, in addition to the team nothing, honesty is actually the basic requirements of life, "if you even basic requirements are not satisfied, I think you are a very unsuccessful VC".