Northern Lights Deng: Under Crisis entrepreneurs and VC may ambidexterity

Deng, founder of the Aurora Borealis, July 9, said the founder of Northern Lights Deng today that there may be an inconsistency between entrepreneurial interests and VC interests under the financial crisis.　　If not very good co-ordination between the interests of entrepreneurs and VC, may result in different hearts. The Deng was made in the 2009 China Venture capital and private equity medium-term forum.　　He said that since the financial crisis last year, VC has been very busy, but not busy looking at the project but in the lessons learned.　　Deng that VC need to learn the most is how to preventive, whether or not there is a financial crisis, investors will be in the future of the project may be the problem should be thought, but also in the company's financial establishment of a mechanism, both to maintain a consistent with the entrepreneur, but also to maintain the investment enterprises supervision. Instead of waiting for entrepreneurs and VCs to widen their interests, some unethical behavior has been created.　　"When it comes to choosing a project, Deng says investors need to think about where the competitiveness of the enterprise is going to be, no matter how good or bad the capital markets are today, but whether the business is still in the lead in the industry when the capital markets are good." "VC may be more concerned about the enterprise is not the results of today's business, but whether it has long-term core competitiveness." For companies that have already invested, Deng believes that investors should work corporate governance, he said.　　Compared with the entrepreneur, he thinks VC can look farther. "So investors should first adjust the mindset of entrepreneurs. such as enterprises in the 09 financial planning, entrepreneurs from the growth-oriented to the training of internal strength, management, internal profitability of the construction of the main. ”