Jingwei China Vice president Fu to start again: VC is too early

September 10 early morning News, the original 360 security guards general Manager Fu transformation to do VC only one year time, then again choose entrepreneurship, as image processing software can cow image CEO.　　When talking about this choice, the fu in his early 30 said he was relatively young and still had a dream to start a business. Jingwei China exclusive 30 million yuan investment can be cow image, Jingwei China Vice President Fu will be full-time as the Chairman and CEO of Cow Image. Zhang Ying, the founding partner of Jingwei China, said that Fu joined Jingwei for a year and played an important role in many investment cases. "But the cow image can be said to be the first FU-led investment projects, and put their own investment in, even the money with people."　　Zhang Ying joked. There has been outside rumors, Fu early on to participate in the development of cattle images, have borrowed the identity of investors "left hand inverted right" suspicion.　　To clarify this fu, he said that in the early days really help the development of cattle, his decision to leave to join the cattle, jingwei out of Fu and his team trust final investment. From the entrepreneur transformation VC "Do the client, he ranked top three in China." This is the angel investor lei to Fu's appraisal.　　Fu Shenzhen in charge of 3721 Internet Assistant software products, and after joining Qihoo to lead the team to build more than 70% of the security software security defender 360. March 2008, 360 security guards announced from the odd Tiger Peel, become an independent company operation, the original 360 security guard head Fu also as the new company general manager.　　However, at the peak of the 360 development period, July 2008 Fu chose to leave, there are rumors that the reason for their departure is with Qihoo chairman Zhou in the product and strategic thinking on the divergence. Fu has so far been secretive about the reasons for leaving, saying only that "360 is strong enough not to decline because of one's resignation". The news of Fu's departure was disclosed by the media, which aroused the concern of Zhang Ying.　　Never gossip Zhang Ying began to inquire FU mobile phone number, and about this element never met people meet chat. According to Zhang Ying's plan for Jingwei China, he hopes to increase the construction of the Internet team, introduce the product managers who know the Internet and actually do the facts, "don't want us to make investment, half a glass of water, do not understand anything."　　"When meeting with Fu, Zhang Ying comes straight to the invitation to join Jingwei China." Before this, Fu VC industry is very unfamiliar, and even did not hear Jingwei, also never thought that after leaving a road is to do investment. That afternoon Fu and Zhang Ying on the investment concept, industry views and other topics for 2 hours of communication, both impressions are good.　　After a period of reflection, Fu decided to join Jingwei China. Now do VC is too early to venture after the transformation to do VC, in many people seems to be a good choice. Like other VC, Fu joined the Jingwei after the appointment of entrepreneurs, repeated communication, open a variety of meetings and discuss investment projects.　　In Fu seems such a life is also happy, but soon he found too young to do VC, it is easy to become impetuous. "VCIndustry relative to the environment is too good for me personally easy to feel impetuous, do VC itself is still very happy, but personal choice of lifestyle problems, now I choose VC such a way of life is too early. "Fu said.　　And every time to see the entrepreneurial project, the impact of the heart is to let FU firm entrepreneurial determination. The field of image processing is the direction that Fu see very early.　　As early as 360 security guard recommended download, Fu found that there is no good image processing software, when he reluctantly found a put up, incredibly found a day's download almost the same as the Storm audio and video, which let him start to pay attention to this relatively unpopular areas. In Fu view, with the mobile phone, digital camera photo function of the powerful and popular, the general population of the image processing needs are deepened, but Photoshop is only applicable to professional users, although the General user field has been a shadow magic hand and the United States Mito processing software, but relative to other software industry is still insufficient,　　There are great opportunities for development. Fu that his advantage lies in client experience, and image processing will be the best starting point for its business. Fu left Odd Tigers, once considered to buy light magic hand, but let the thunderbolt to 10 million price first step.　　At the beginning of 2009, Fu found that several technicians developed the Cow software, which was very consistent with its philosophy, and spent a lot of time nurturing software and teams and eventually deciding to leave for a second venture. Jingwei 30 million Yuan exclusive investment in Fu joined Jingwei, Zhang Ying said, if one day want to start a business, will certainly give support. But when this naïve so quick to temporary, Zhang Ying although tone relaxed, but somewhat helpless.　　Because he thinks Fu is a very rare investment talent, the next 3-5 years Fu can become a good venture capitalist. Currently in China through the "entrepreneurial-vc-venture" journey only one person: Fu former boss Zhou.　　Now FU also choose this road, Zhang Ying said that some struggle, but after the Shaoyi and other high through the trench, Zhang decided to support Fu, because in his opinion, VC can do a lifetime of occupation, how many years to do VC is not late. To make this decision, it was the worst of the financial crisis, and Sequoia Capital even issued a "cash more important than mom" argument. At that time, the cow software is only a few people's team, very early, but also the need for financial support.　　After Fu lobbying, also based on the trust of Fu, Jingwei decided to invest 30 million yuan exclusively. Zhang Ying's idea is that early companies can not give too much money, but he also admits that the 30 million yuan for the cow software is a little more, "but Fu is so much."　　Zhang Ying believes that investment in early projects is more of a gamble, he frankly in the unpopular graphics processing area does exist a certain risk, but as long as the team good, time control is better, the risk can be controlled completely. Fu, who has had an investment experience, knows more about how to deal with VC than before, and how to ensure the interests of the entrepreneurial team. "There are few betting agreements in Jingwei investment, and investment can be a cow image.Of course not, and there is no need to quit for 10 years.　　Fu said the VC experience made him more open-minded and allowed him to look at the problem from a whole industry perspective. will be promoted through Word-of-mouth marketing can be the completion of an investment agreement is usually 2-3 months, this time, Fu side to cultivate the cattle image team, while helping Jingwei need to find the Internet opportunities.　　Fu formally resigned two months ago and fully committed to the development of cattle imaging, he said that the future will still give latitude and longitude of the Internet investment projects to provide advice and help. Can cow image is not done large-scale promotion, only rely on the user Word-of-mouth transmission, in the growth has let Fu feel satisfied.　　He believed that the cow image in the function has surpassed the similar product Shadow Magic Hand, the beauty Mito and so on, and has the scene and so on more complex function. In the profit model above, Fu envisioned more than 10 kinds, such as personalized gift printing, advertising, and consumer electronics products, but he frankly is currently in the "stones" stage, so everything is undecided.　　But what can be expected is that the cow image mobile version is expected to be launched at the end of the year, meaning that mobile phone value-added is the most imaginative business. Fu believes in the idea of product as king, and thinks that there is a business model for users. Its current goal is to expand the number of users, and through Word-of-mouth marketing and other ways to promote the client.　　Hope that within 2 years to reach the market 50% share, covering 30–40% netizens. Whether in 3721 or 360 security guards, these products by the main Fu, in the outside more is affixed Zhou 祎 or Qihoo label. The FU again based on the client's entrepreneurial, on the one hand is to be able to make a favorite software, on the other hand is to make up for the regret before. (Han Ji)