Material: IDG will set up a new fund to invest in young entrepreneurs

Yesterday, reporters from the VC Circle learned a news, IDG Capital is raising a new fund, or will be officially announced on August 14, the dollar fund size may be in billion, and specifically for young entrepreneurs set up. The reporter calls IDG capital related person to verify, did not get a clear answer, but from its not directly denied the position, the reporter judge, this message authenticity is very big. In fact, in the past few months, IDG capital movements have been frequent, it is not difficult to find some clues. Since April this year, IDG has launched a nationwide campus entrepreneurship contest, with a massive tour of 16 colleges and universities. Including IDG founding partner Shong and Partners Zhangsuyang, Li Feng, Li Junjun, Mao, and so on, and so on, you have to preach, so that the pan-career "become a concern in the past few months, a relatively high key words. Shong in public has made it clear that IDG to do campus entrepreneurship competition, is to contact more young entrepreneurs. Prior to this, the reporter learned from the relevant channels, IDG Capital has been set up early in particular for young entrepreneurs, especially the group's research team, to invest in such projects to provide decision-making support. IDG Partner Li Feng recently disclosed to the outside world, in the past year, IDG Capital has successfully invested no less than 10 projects, such as Hit's personal cartoon head DIY mobile social tools face Meng "and well received by the film video site Bilibili", There is also a focus on subversion of the traditional KTV industry together, "online exercise counseling website POI Online Education", the young developer community Segment Fault ", focusing on internet finance and cross-border payments of the sharp wave technology" and cloud-based collaborative project management platform Teambition "and so on. Successful investment in the enterprise comprehensive coverage from the Internet finance, social tools to O2O applications, technology platform and other TMT entrepreneurial areas. It is understood that IDG's support for these young entrepreneurs is very strong. 1992-Born Yinsan by singing "Application to get tens of millions of yuan investment, and 1990 was born in the segment fault project also won the IDG millions of level of investment amount." IDG Capital's willingness to invest heavily in supporting young entrepreneurs shows the confidence of these pan-Pacific entrepreneurs and the subsequent establishment of a new fund. Relevant data show that at present, China's pan-Chinese consumers have about 200 million people, this group has special consumption habits and demands. In the foreseeable future, this group of new generation will become the main market, who catches their demand, who will win the market. Li Feng previously said that the Pan-Pacific is the most likely to change the current entrepreneurial status of a group of people, they have more interesting ideas and ideas, can create unexpected business model. More importantly, they know the real needs of the pan-Pacific population. Therefore, for the Pan-Pacific entrepreneurs, no matter which industry they enter, it is likely to become a subversive force. Choose this opportunity to bet on theseYoung entrepreneurs, like the same year IDG investment Ma and Li, seize the commanding heights of the future. In the struggle between capital and capital, the key to investment lies in accurate predictions of future trends, and ultimately in the belief and choice of these young people who create the future.