Shong: Mobile Internet's biggest service start-up should pay attention to service and innovation

Shong that big companies want to keep a small company mentality, because large companies to a certain stage, the reaction will be relatively slow, the mobile era is not the size of the company, but the quality of service, how to respond to customers, this point, small companies have a lot to learn and complementary places.

August 22, the annual Baidu World Congress scheduled to convene. In Baidu chief financial officer Jennifer, Enterprise Development Department general manager Tang attended the investment forum, IDG China Partners Shong, Millet Technology founder Lei, Han Energy investment Group chairman Chen, Morning Hing Capital partner Liu, Sequoia Capital China Fund partner Kui and other heavyweight guests gathered in a hall, The current situation of mobile internet investment and hot issues are deeply discussed and analyzed.

Jennifer the development trend of mobile Internet in the keynote speech. It is believed that with the maturity of the business model, mobile interconnection will show a new market many times larger than that of traditional PCs, and how entrepreneurs invest in the development of this new market has become the focus of discussion in this forum.

Shong Frankly, in the risk and opportunities coexist in the market, no one can guarantee to make money, this time should use long-term vision to estimate the trend of market development and change. First look at the market, the second look at products, technology and team, of course, there is the time of capital entry. "Investment is always like drifting, do not know what will run rapids, but the river to see the right, to find a good team, a good helmsman, row on the line." It is important to invest in the long-term trend of the technology, predict five years or even 10 years or so what will happen big changes. ”

He also introduced his experience in investment, such as he does not fry stocks, but often buy some stocks to track, observe the market trend, Baidu's recent surge in share prices is a good example. But staring at the stock market will also be misleading investment, do VCs have the confidence and perseverance of the investment object, to be able to live alone firmly believe that the investment object has a bright future.

"The most important thing about mobile Internet, whether it's for big companies or small companies, is service." Shong stressed. The initial entrepreneurs can not compete with the industry giants scale volume, it must be in product services and innovation to be comparable to large enterprises, in order to win the chance of survival. At the same time, Shong also believes that large companies to maintain the mentality of small companies, because large companies to a certain stage, the reaction will be relatively slow, the mobile era is not the size of the company, but the quality of service, how to respond to customers, this point, small companies have a lot to learn and complementary places.

The views of several industry giants are consistent and agree that the opportunities for new market development are broad. According to Tang and Pine estimated: "2013, 3721.html" >2014 year is the Internet field of mobile investment mergers and acquisitions of the outbreak period. "On the future of the investment and acquisition pattern, Liu that as long as the import and user traffic related to the place, the future will still be large companies more active merger direction."