Nankai students do "Chao clothing" by Angel Investment: valuation 3 million

In May of this year, a group of news stories about the international fashion show quickly captured the headlines of the major social networks of students at Nankai University in a wave of graduation suits and Republic attire. This fashion show was planned by the school's OMC team. College of Economics, Nankai University, 22-year-old undergraduate student Wang as the team's CEO, the team's tidal clothing "venture six months, creating more than 3 million Yuan brand value, and get venture capital." This is also the first case of venture capital in college students ' entrepreneurial team in this city. 2012 Nankai University set up a student pioneering practice base, to give policy support for students to start a business, some entrepreneurial team design Nankai Elements "clothing appeared on campus." This gave Wang inspiration, he found that with the campus elements of the tide clothing "has a broad market prospects." It is based on the student's life, with the university's unique numbers, symbols, combined with fashion elements. Based on the relationship between students and fellow countrymen, this year, Wang set up a four-person OMC entrepreneurial team. His tidal clothing "marketing first through the network to arouse the attention of students, followed by clothing booking." Students order how much, let the factory production how much, realize O2O "(line online) business model." Processing plants also agree with the market potential of tidal clothing, working capital is insufficient, even allow them to suspend the payment of a portion of fabric costs. Through the pilot project at Shanghai University and Nankai University, the OMC team dug up the first bucket of gold and sold more than 1300 pieces in the two schools, with sales reaching more than 100,000 yuan. By virtue of the mutual introduction of friends and Friends Circle ", the team is currently in Tsinghua, Peking University, Fudan, Nankai, Wu, Sichuan University and other national nearly 40 colleges and universities set up a sub-team, design and sales with the characteristics of the tide clothing." At present, in the 27 colleges and universities which have already started selling, the total number of bookings reached 4,000 pieces and the total sales amounted to more than 800,000 yuan. Reporter: Is this your first time to start a business? Wang: Third time. Sophomore year, I joined the Tsinghua University team has done social networking "project, but also participated in the Challenge Cup" Chinese University Student Entrepreneurship Plan competition, through the network to promote the wash-free hand-washing liquid "project, won the gold medal in Tianjin, the National Bronze Award. In the course of several startups I realized that my business plan was an award-winning project, but it was not suitable for actual operation. On the market, product grasp is also immature, theory and reality, there is no small gap, I am a student, students are also in school, I realized that the school is my best resources. Reporter: How big is the company now? Wang: At present, the company has 10 financial, design staff, the vast majority of part-time, of which 4 are design professional students in school, pay wages according to performance. The 4-person veteran team was not determined to get more than 2000 yuan a month to die in October. College team is from the turnover of dividends, each sold 100, there is a net income of thousands of yuan. Reporter: What chance to get venture capital? Wang: In late September this year, I met Nankai Alumni and angel investors Tengjian, he learned that OMC team, decided to venture capital, and gave a valuation of 3 million yuan. October 1, we signed a financing agreement, 9th, the first moneyto the account. Tengjian also to the Tianjin Municipal Committee of Education and the group to verify that the money should be Tianjin to the university students entrepreneurial team venture capital of the first case. Now we have entered the state-level science and technology enterprise incubator-Heping District science and Technology finance mansion, and enjoy 50 square meters of free office space, the next month will start paying taxes.