Investment in the Internet industry is high

The internet has been a key field of venture investment "Gold Rush", in the first half of 2011, investment transactions involved 23 of the first-tier sectors, with the highest level of concern for biotechnology/health care in 22 cases, the Internet and the clean technology industry followed by 21 and 19 cases respectively, according to the research report. Last week, Sequoia Capital announced an investment plan from one side reflects the Internet in the field of early investment more and more hit the spotlight, and even "with the investment" angel investors.

Sequoia Capital announced last week that it had reached a deep cooperation agreement with the Innovation Workshop and invested in the Innovation Workshop Development Fund, which has not been disclosed.

In fact, Sequoia Capital under the leadership of Shen has been committed to investment in the Internet and other High-tech enterprises, in China has invested in the Evans Innovation, high Technology software, Qihoo, the public comment network, such as a number of technical companies.

"In the current domestic high-quality project competition is more and more fierce, Sequoia Capital will be through innovative workshops to expand its high-quality projects in China, the source." This is a clever approach, such as choosing a project that has been nurtured through an incubator of innovative workshops, and it's better to save time and effort than to find a project aimlessly. Feng Po, an industry analyst at the Investment Group, said.

In this regard, Sequoia Capital also said that through such cooperation and investment, Sequoia will help the innovative workplace investment companies, on the basis of the full range incubation services, there is also the opportunity to obtain the further support of professional venture capital institutions, especially for early technology start-ups in the financial and management resources of the help.

Information shows that since its inception in September 2009, the Innovation Workshop has invested 35 projects and invested more than RMB 200 million. Innovation Workshop USD Funds have been invested by Chinese companies and individuals, as well as many famous financial institutions in Europe and America. Sequoia Capital, as the investor of the dollar Fund of Innovation Workshop, has been actively involved in the direct investment after the graduation of many incubation projects in the workshop, or in the early joint investment with the Innovation factory.

Li Kaifu, chairman and chief executive of Innovation Workshop, said that the experience of Sequoia Capital would be of particular significance to the growth of Chinese technology entrepreneurs: "We hope to create a quality entrepreneurial environment by providing capital investment and full incubation services to help China's early-stage start-up companies grow rapidly." ”

In last week's China venture capital and private Equity investment forum held by TMT, most PE people said that although there is a bubble in the TMT industry, the investment potential is still very large, and PE/VC investment heat is not reduced.

Shiping, founder and general manager of Qiming Venture, said that the TMT field would be an "evergreen field" for a long time. In his view, the current period of TMT investment, there is a certain bubble, so many VC can not calmly enough to see the project. He points out that failure from break to IPO will be a clear point in time, after which domestic IPOs and high valuations will be reduced. But in the long run, the TMT sector is still a great opportunity. Data show that 2011 qiming venture investment century Jia Yuan and rice two companies listed in the United States, other investment projects include all customers prudential products and happy net.

Song An, head of SoftBank China Venture Capital Limited, said the company's investment potential is still very large, although there may be a bubble, but the bubble can continue to blow, from the rupture is still far away.

In the view of Intel Investment director Guandacheng, the TMT sector is likely to be a bubble, especially in e-commerce-related industries, but bubbles may not be as large as many people think. At the same time, he said, the TMT area of the company's reaction speed is relatively fast, there have been companies because the price is too high did not reach an investment agreement, after a period of time because of the capital market changes and active door.

And the founding partner of Sequoia Shen in the forum to fully express their praise and affirmation of entrepreneurship, said that if the business is more lively than the listing is a good phenomenon, this spirit drive is the reason for the growth of enterprises, and forward-looking and practical is the entrepreneur to do a good job of the two most important choice.