"Pioneering state 100" digging wealth: Find the right person

2013, the Internet financial wave surging, accumulated 50 million of users dug wealth to the fore. Digging money early founding team, left in turn for cup, gold inlaid jade, silver piece (CEO Chaoxiaowei), Seashells (Chairman Li Zhi), NCM Wen | Gu Yuanhua was founded in June 2009 in Hangzhou, the wealth of science and technology is located in Hangzhou Land pioneering park, has been more than 4 years, the team from the original 5 people developed to now more than 50 people. They developed the accounting of mobile phone applications to dig wealth ", the current download has exceeded 50 million, the daily activity of more than 1 million." To find the founder of the money to dig the angel investors, Amoeba Capital founding partner Li Zhi recalls, this idea originated in early 2009 with the current Chaoxiaowei CEO of a dinner chat. At that time Li Zhi said that he spent 30 yuan to buy a mobile phone accounting software, but did not do well. Chaoxiaowei said he had previously developed a software program on his computer to help him manage his accounts. Li Zhi is acutely aware that bookkeeping applications can be very promising on smartphones. So, Chaoxiaowei found 3 partners to develop a mobile phone app, just put online, immediately someone began to download the use and feedback information, there is no competitor in the market. Li Zhi invested 300,000 Yuan as the co-founder and angel investor of digging for wealth. Digging Money COO Quanyun at that time in Ali do market and operation aspects of the work, Li Zhi dug him into the team. From the Quanyun just joined the more than 10 people to now more than 50 people, digging the wealth of 4 years since the development, indeed attracted a lot of investors are willing to extend the olive branch, but also with a variety of questioning voice, the most central question is how many people in China will be bookkeeping and maintain bookkeeping. Li Zhi later continued to invest, has accumulated a total investment of more than 10 million yuan. 2013, the Internet financial wave surging, with 50 million of users to dig the wealth of the fore, began to be favored by the capital market. This year September and October, respectively, the IDG capital and CDH investment amounted to more than 13 million U.S. dollars in a round of financing, valued billion dollars. Li Zhi said: "I dared raise because I firmly believe that the Chinese people need an asset steward who can help them manage their money, manage their finances and spend money." "To find partners with the excavation of money into the IDG and ding-hui financing, Li Zhi also has been expected to introduce a financial team from the outside, so that the original only internet gene digging money really become the Internet financial tide in the waves of the people." As immersed in 4 years of products, accumulated more than 50 million of users and countless accounting data of the grassroots team, digging money has been a desire to let products docking Bank financial products, but encountered a variety of problems. Digging Money COO Quanyun once spit trough, want to talk with the bank in depth, but with the background of our team is difficult to break through. Financial data mining and wind control expert Gu Chengwei has many years of experience in the financial industry, after returning home, he founded the marketing platform around the retail business data. When communicating with IDG partner Li Feng, the latter felt sorry for him and gave up the financialToo bad. " Digging wealth and the fate of the strategy "is already doomed: have been to the Amoeba Capital Angel investment." After Li Zhi and IDG Two partners of matchmaking, digging money finally in the form of mergers and acquisitions of marriage. After that, the team was integrated into the mobile Internet division of Hangzhou and the financial department located in Shanghai. At present, the development goal of digging money is to become a common people's asset management as the center of the internet finance Company. Digging money in July 2013 logically launched the Money Fund "function, so that ordinary people on the mobile phone can buy a key to the money fund, the smooth realization of the leap from bookkeeping to financial management." Chinese people have to take a small book bookkeeping habits since ancient times, mobile phones but let this behavior itself more convenient. With the digging of money to continue to launch voice bookkeeping, photo accounting, credit card butler functions, so that bookkeeping has become more and more lazy, so adhere to the threshold of accounting is declining, user stickiness and active degree is also easier to improve. Bookkeeping is just a point of entry. Li Zhi, an amoeba capital partner, admits that the money-digging and financial institutions such as banks and funds are working more smoothly. On the one hand is the balance treasure to the financial institutions of the vigilant role, let the major financial institutions more willing to start working with Internet companies, on the other hand, Gu Chengwei, the current president of the financial circle for more than ten or twenty years of work experience, so that he has a broad circle of banking contacts, in the cooperation with the money-digging improved a lot of efficiency. 2009 dug wealth just came out, a little two eyes a smear, at that time to find some collaborators difficult, now the market environment is getting better. "Chaoxiaowei said. Chaoxiaowei on Entrepreneurship Q: What qualities do you think the founders are most important? A: Focus and openness are the most important. Q: What do you think are the main factors determining the success of a business? A: or insist on it, not that the first time, the second venture will be successful, but you have tenacity, I believe that one day will be successful. Q: What kind of help did you want to get when you were having trouble with your business? A: Certainly a talent. As the saying goes: can solve the problem of money is not a problem. "People can not meet, sometimes money can not find a good person." Q: If a startup fails, will you choose to start a business again? A: I will choose to start A business again. Q: What do you think of the entrepreneurial environment now? A: I feel good, because the internet has been very mature, and the overall ecological environment of mobile Internet is more and more mature. Like the factory in Zhejiang to produce clothes, the former eco-chain is not good time to want to collar, buttons, pockets, signs of various things how to solve, is now to do their own, buttons have buttons factory, clothes have clothes factory. So, now the entrepreneurial environment is getting better.