Shire: This is the first year of domestic social network entrepreneurship

The intermediary transaction SEO diagnoses Taobao guest stationmaster buys the Cloud host technology Hall

Shire, the first chairman-in-office of angel investors and Angels, said yesterday that this year would be the first of China's social networking ventures, and that "we have not really seen a profound and comprehensive change in our social networks." In the next 3-5 years, China will certainly have a great company in this industry.

What are the qualities of a great startup? Shire said that Angel investment is the team. The most important quality in this team is integrity, second is passion, and the third is to find a demand that is not being met and to find a clear solution. Entrepreneurs tend to be very disappointed if they just see huge financial rewards and start a business. But the enthusiasm and the idea is far from enough, the simple idea in accounted for only 5% of the success rate of entrepreneurship, implementation capacity accounted for 95%. For example, Facebook's business model is a lot of people understand, but the real success is only Zach.

And the mobile internet business of the small team, the best team configuration is this: "A team preferably three people, there is a comprehensive quality of the soul figure, there is a skilled talent, there is a person who understands finance and management." Their personalities and experiences should be complementary, and it is best to have a working or running-in experience among the three of them. The separation of the founding team from mutual understanding will be devastating to the cause. Choose partners carefully. ”

Some netizens asked him about the purchase and the electric business industry, Shire said: "Group buying is a viable business model, only a few months last year to make thousands of, academics, with the shuffle, group buying will inevitably usher in a clearer pattern, will usher in its spring." "Similarly, he also does not agree with the electricity business in winter." He believes that e-commerce in China will have a great future. Community electric power Business is the infiltration of social media to E-commerce, in China, a lack of credibility, the credibility of businesses in the era of low reputation, social marketing as the model of the electric dealers will have more than the Western model of the inventor produced greater value. Although the case of the most unsuccessful investment is electric business enterprise 8848, but he still welcome the good electric Business project to find him.

For the future investment direction, Xue Old joke said, arms tobacco, and "My father is Li gang" style of the family, is not considered. However, he is very interested in public entrepreneurship.

The following is a transcript of the Micro interview:

Q: Teacher Xue, there are some investors like you and Xiaoping teacher, investment time is mostly to see people investment, I would like to ask you, what kind of entrepreneur will enter your discernment, specifically, we can exist in the personality traits?

A: I personally hope to find the entrepreneur, first of all, to his career has a very unusual enthusiasm and interest, if the entrepreneur just see a huge financial return to do, often will be disappointed quickly, because it is full of twists and turns, painful process. Starting a business for money is not necessarily a quick way to make money, but it's best if it's your lifelong passion.

Q: Xue Lao, what does entrepreneurship need? At present, I am just a college student.

A: I personally do not encourage the university to go out of business as soon as I graduate, I hope that the people who have just graduated from university will go to an entrepreneurial company and start a business in their work. After working for a while, find a demand that is not currently being met by the market, organize a team, find a practical solution to this demand, then start again, the chances of success is much greater.

Q: In the countless business plans you receive, what kind of programs will attract your attention? Is it a completely innovative industry or is it more appealing to you to innovate in an existing industry?

A: We have no preference for the proposal, and Angel investment is the team. The most important quality in this team is integrity, second is passion, third they are thoughtful, find a demand that is not satisfied at present, and can clearly find a solution, this is what we like, the industry itself is not important.

Q: What do you think of SNS in the future, you will vote in this line? Now that social networks basically lose their social meaning, what do you say?

A: I think this will be the first year of China's social networking business, and we haven't really seen any profound changes in our lives. In the next 3-5 years, China will certainly have a great company in this industry.

Q: May I ask, in your experience, what is the best team configuration for a small, small team in the mobile Internet? What role should the core leaders of the team play most?

A: A team preferably three people, there is a comprehensive quality of the soul figure, there is a skilled talent, there is a person who understands finance and management. Their personalities and experiences should be complementary, and it is best to have a working or running-in experience among the three of them. The separation of the founding team from mutual understanding will be devastating to the cause. Choose partners carefully.

Q: Please recommend some of your favorite books!

A: I hope that entrepreneurs can read, because the success of the final venture must be outside the entrepreneurial, is the sum of experience in life, entrepreneurship Introduction book I suggest "Jobs biography", "Son biography", Suntaujan (Micro bo), "36 rules", Charlie's "Give you a billion" these are very good entrepreneurs read books.

Q: How do you become an angel investor? What resources should be accumulated besides money?

A: To be a good angel, 1: Zhiming; 2. Understand the trend of the investment industry; 3. Compassion for others ' hearts; 4. There are two money, lose, will not affect family life. Just fine!

Q: Hello, teacher! 1. Are you or your company still investing in vertical business 2? It is said that the entire electric business industry is being abandoned by VC, how do you see this practice 3. When are you going to invest in the electric business?

A: I think E-commerce in China will have a great future. It was natural for some investors to balk last year because few electric dealers got very high valuations. E-commerce has been deeply rooted, with the distribution, payment and product brand gradually set up, the electric business will be in China's big way. Send us a good project.

Q: What are the ways in which the entrepreneurial team has access to angels, and which of them can get more investment opportunities? Thank you!

A: The best way is to claim to be an angel letters on Weibo, for example, my letters is open. can also participate in some entrepreneurial project competition, such as entrepreneurial state of innovation in China 2012!

Q: As we all know, people are now keen on the Internet business, how do you think of the Internet in the traditional manufacturing industry?

A: Traditional industries should be quickly internet, the traditional industry enterprises and the Internet can only be combined to bring better growth for enterprises.

Q: What do you think is the big difference between doing it business in the U.S. and doing it business in China? Especially for students who later went to the United States to study, did not grow in the United States, whether this, will face more cultural issues? is the entrepreneurial environment in the United States better than at home?

A: America's IT business is a very mature model, the biggest benefit is the manager talent and mature system, the Chinese entrepreneurs in the United States often do not understand local needs

Q: Teacher Xue, what do you think of the development of the domestic high-end pension community?

A: China has been rapidly entering an aging society, and a range of services for the elderly has been based on social significance and profit margins. I'm bullish on the industry.

Q: What do you think about social entrepreneurship? Would you be more interested in social enterprise ventures?

A: Public entrepreneurship is an area of personal interest to me. The greatest public good must be to teach people to fish, not simply to relieve poverty. If there is a public good cause and can solve the public good and can produce a certain profit of the industry, is I like very much. Send me some words!

Q: What do you think of the current status of group buying?

A: Buy I think, is a viable business model, only a few months last year to do thousands of, academics, with the shuffle, group buying will inevitably usher in a clearer pattern, will usher in its spring.

Q: Teacher Xue Hello, if let you say a word to the person who fails to start a business, what do you think most want to say?

A: Entrepreneurial failure is inevitable, success is accidental. The Ancients early cloud: Failure is the mother of success.

Q: Can you give angel investors a definition?

Answer: Angel investors are some paranoid restless, sometimes full of investors.

Q: Xue Lao, angel Investment in addition to the Fund to support entrepreneurs, but also in what areas to help entrepreneurs?

A: The most important thing that Angel investment brings to the entrepreneur is not money, but the direction and resources of money and so on.