Old Yu don't busy making bricks

Because the new Oriental Yu in the two sessions of the Voice, the young entrepreneur problem again put to the public. Even though he has arrived at the age of knowing his destiny, he has once again started his career as a student entrepreneur and angel investor. This time interviewed by reporters, Old Yu Tao surprising language: Their contact with the college students entrepreneurial projects, 95% did not innovate, most are in imitation copy.

In the past two years, the problem of entrepreneurship has suddenly become a sweet pastry, as long as it is with the edge of the venture or stained with a rough edges, can easily attract all the fans, beta, 3W, garage and so on have become a prestigious entrepreneurial gathering. In 2014, Techinasia, covering only Asia's technology reports, wrote about 200 reports about Chinese start-ups.

With the coming into the society, the overall entrepreneurial atmosphere of the whole society is becoming stronger, the new entrepreneurial nature is a topic not to open, especially like the Ma Jiajia shop, Face Meng CEO Guo Lei, Super timetable of the "overbearing president" Yu Jiawen, and so on, have earned enough people's eyeballs.

What kind of innovation does it take to start a business?

A "Chinese partner" inspired countless people's entrepreneurial enthusiasm, as the story of the prototype, Old Yu founder of the New Oriental Bridge is also recognized by more people. And now in the face of Old Yu's young entrepreneurial "lack of innovation, continue to imitate copy" of the Brick, the author's first reaction is to want to spit groove. Time passes by, once the youth who runs the blood, now becomes pats the brick big ye?

In fact, Old Yu is not the first to shoot bricks. When the "Follow" fund was created last year, even though the Fund is concerned with the media, culture, education, entertainment, and many other fields such as the Angels and early projects of high technology and mobile Internet, even though there are five or six projects each day entering old Yu's vision through various channels, Lao Yu complains that "there is no one to cast". According to Old Yu's point of view, the project to be cast to be subversive, innovative and pioneering, he should be concerned about reversing the ' shanzhai China ' situation of innovative entrepreneurship! As a VC, of course, the return on the project to the first place, innovation, subversion is also supposed to be the survival and development of the core power of entrepreneurship. But is it too heavy a rigid innovation dogma to start with?

At the end of last year, the handling of the drop car, the Shanghai Municipal committee pushed to the front desk, and then triggered on the Shanghai why not a variety of Kai Ma, including the Shanghai format of the system norms of the spit. Rough in the new issue of "Luo thought", the reason why Japan's economic stagnation in 20, miss the internet trend, is due to social warmth, the box too much.

A new round of domestic culture has just sprouted, and 30 years ago the reform of the spring shower of the entrepreneurial tide is different, just walked into the entrepreneurial team, most of the entrepreneurial projects are related to the Internet, and in the previous generation of entrepreneurs and young entrepreneurs handover of the pass, too many boxes will only bring different years of entrepreneurial ideas fragmented. The emergence of a wave of entrepreneurial tide, such as Tencent, Baidu and other large crocodiles can not escape the copy to the model, now the depth of mobile interconnection attack, even old Yu himself have to admit that "fish" will become a general rule, to the many entrepreneurs too stressed shackles, not too heavy?

Data distortion, old Yu Ying brick Mercy

According to Old Yu means, he saw the project, 95% are not pass! There are also articles on the false of the young meat business to reflect on the aura of the founder of the career is propaganda and media reports to create gimmicks and the results. As such, the venture will have to establish a credo: Cherish life, away from the new entrepreneurs! And the actual situation is so unbearable?

With the advent of the Internet almost at the same time, grow together, the internet brought about by the information explosion, is the first person to soak. As the main body of Internet users, such as Ma, Jack Yun also had to pay attention to the crowd. When the students encounter a rather serious business, this is the case: Yu Jiawen, 1990, the product "super timetable" covers the National 3000 universities, with more than 10 million registered users; Gao Yang, 1990 health, selected Forbes 30 U30 entrepreneurs list; Sun Yu, 1990, The company is the first enterprise engaged in the research and development of distributed settlement Protocol system. Zuckerberg in Harvard dormitory Development Coursematch Program, because of the explosion of the server was shut down by the school, Ma's Alibaba is also the way to be scolded over.

Admittedly, because of lack of experience and resources, the overall success rate of the new venture is not high, from the YBC (China Youth Entrepreneurship International Program) data can be seen: At present, the success rate of young people's first venture is less than 10%. According to Old Yu's calculation, only 5% have access to the Angel investment qualifications. Regardless of the old Yu's data is not a subjective estimate, but know that even as Silicon Valley, there will be a rule: 90% of the start-up companies will fail. In general, entrepreneurial projects from the Angel investment to the IPO, the probability of success is a few one out of 10,000 of the situation. Even go to a round of wind to vote this "wards", is also the chance of 3%~4%. Old Yu stressed that no innovation 95% of the number of large, indeed deliberately suspected. On the other hand, entrepreneurial maturity such as Silicon Valley, the mystery of its success is not entirely in innovation and creative surplus, more is such as consulting, wind investment, entrepreneurial atmosphere, such as a complete entrepreneurial incubation system.