Mobile Internet in the next 10 years is a very big investment theme

Xinhua Zhejiang Channel August 24 (reporter Zhi Phthalocyanine) 23rd in Hangzhou, "Innovation China demo CHINA2012 Finals" on, IDG Capital founding partner Shong said that mobile Internet is the next 10 years of investment theme. IDG Fund future investment in the direction of social networking sites, post-PC era, including mobile Internet, communications and other industries, as well as large data and other fields.

Shong that VCs are really making big money in China over the last 10 years. The more than 20-year IDG in China, for example, has invested nearly 300 companies, of which 70 companies have successfully withdrawn through listing or equity transfers. IDG now manages the dollar fund to reach 3.8 billion, last year also melt to 3.6 billion yuan fund. Shong revealed that the largest LP (limited partner) comes from the Social Security Fund.

In the past 10 years, the reason why VCs make money, shong that there are several reasons: first, China's accession to the WTO, the full opening; second, the popularity of IT technology and Internet technology is the gospel of which industry in China; third, the domestic like New Oriental, Baidu, Tencent and other companies need exports, But now the domestic market has already had the demand; four, luck, "in the investment, the so-called luck is the time to enter the market, adhere to and enter the time is very important, so both to find the right time, there must be a certain insistence, in exchange for it will be difficult to do, must focus."

In the next 10 years, Shong revealed that IDG's investment direction is social networking sites, post-PC era related industries and large data. "IDG in the entry of the most talked about the PC, in the post-PC era is mainly mobile internet, communications, the IPhone." "Shong that in terms of sales, 2010 smartphone sales have surpassed the PC, the next 10 years is a very big investment theme," the first 10 years may be it, PC, the Internet, after 10 years of investment is around the mobile internet. "For big data, Shong wants to find some good companies in this area," Microsoft is offering US technology platforms and services completely free, and how to make the software consumable, which may be the future trend. ”