Shen: Hope Society and media tolerate entrepreneurs making mistakes

"I have always called for the media, or as a community, to tolerate these entrepreneurs, and also to tolerate the funds committing these mistakes, because only attempts to produce more successful enterprises."　　"This afternoon at the Lujiazui Forum Symposium, Shen, the founding and executive partner of Sequoia Capital China Fund, gave his own opinion on the" criteria for investing in high-tech enterprises "asked by the Oriental Network reporter. Shen said that venture capital is certainly a lot of happiness, there are many examples of failure inevitable. Choose investment, as a fund, to have a certain mental preparation, there is a certain failure rate, which is inevitable. "I have always called for the media, or as a community, to tolerate these entrepreneurs, and also to tolerate the funds committing these mistakes, because only attempts to produce more successful enterprises." "Shen An example of himself, he said," We have invested in an electric car electronics company in the United States, a company that has been on the market for 8 years, but has not made a profit at the moment of the IPO, but is in the lead in the U.S. or the global electric car industry. " "We've invested two companies in China, very early on, and I don't know if they can walk into a very great business, but we think it's something we have to do as a venture capital fund." Shen also noted that investment in China is very fortunate and many markets are large. "Why Google, Apple can become such a big business, because it solves the consumption problem is a huge market." "In China there is another important, entrepreneurial and entrepreneurial spirit of the ability and entrepreneurship." "Entrepreneurs in different industries are not the same, but successful entrepreneurs are enthusiastic, well-prepared and tenacious entrepreneurs, and we hope to find such entrepreneurs in China." ”