Lei: Millet will not enter the United States until it is well prepared

Abstract: For the domestic market in the infinite scenery of millet, when to enter overseas will become the focus of attention. Yesterday, Lei at the 2013GMIC Silicon Valley station of the conference, said the U.S. market is millet very want to enter a market, but in a good

For millet in the domestic market, when to enter overseas will become the focus of attention. Yesterday, lei in the 2013GMIC Silicon Valley station of the conference, said the U.S. market is millet very want to enter a market, but in good preparation, millet will not enter the United States.

Meanwhile, as an "angel investor," Lei says, entrepreneurs must have two qualities: ambition and down-to-earth. Entrepreneurs need to have an extraordinary idea, followed by strong executive power, otherwise this idea may become a fantasy.

Angel investment may be in all investment links, is the only one really based on people to invest. As an angel investor, the most important thing is to find a few entrepreneurs who can sleep on their own, only need to give them money on the line. When entrepreneurs seek financing, don't write "I'm going to be big xxx" in a business plan, especially when the company is very small, because the investor's first reaction is disgust. Entrepreneurs have to honestly write about what to do and how to do it.

For Zhongguancun as the representative of China's science and technology industry and the gap between the United States, Lei said the gap between the two may be 108,000. "But over the past decade, China has progressed very quickly and more and more innovations have begun to come in China." As a result, the gap between China and Silicon Valley will shrink further in the next ten years. "The reason Silicon Valley is the center of the world's technology is because Silicon Valley people's thinking is unlimited." In the eyes of Chinese people it seems absurd to think that there will be some financial support in Silicon Valley.

Notably, the former global vice President Hugo Barak, who was dug up from Google, also appeared with Lei in the meeting. Lei said that it is "the first real sense of the international staff, Millet's goal is to become a global international company."