Kui to the training camp: comments on investment and entrepreneurship

In Friday, Sohu Blog Training camp please to the http://www.aliyun.com/zixun/aggregation/8012.html "> Sequoia Capital Kui, I recorded his several key words."
1. Don't waste time. Kui use their experience to explain the importance of time, do not waste your time, whether you are wage earners or entrepreneurs.
2, Kui began to invest in 01 until 03 only to do the first enterprise, of course, has been followed to the listing, came to be a good thing (my understanding to boil over is the winner)
3, to the entrepreneur, depends on your industry can do? Does the industry have a future? Is it something that startups can do?
I understand the right time to do the right thing. Many things can not be done now, such as to do a Tencent, or to do a Baidu, it is impossible.
2, for entrepreneurs, to see in the industry's advantages and business is not a healthy business (business model), is not big after the great value of the cause, with the company and scale growth, it is not possible to continue this business model can carry out this business model. My understanding of a sustainable development model is a good and worthwhile business model.
3, for entrepreneurs, to see whether the resources are appropriate. The combination of capital, resources and entrepreneur.
4, for Sequoia Investment Enterprises, how much money and how much shares are invested is very important.
5, for China's PMP is still the focus of Sequoia investment direction.
6, China's recent 10-20-year change is the fastest, so more investment value.
7, new energy and environmental protection is also the investment direction of Sequoia.
8, why invest in 51.com, because 51 of the leadership of the user feel particularly good.