The scene of a pioneering show in Silicon Valley

Intermediary transaction SEO diagnosis Taobao guest Cloud host technology Hall

Silicon Valley has always been tireless in creating myth--after HP and Yahoo, Google, YouTube and more start-ups are still continuing this miracle.

No money, someone to you, no CEO, someone to help you find, do not understand mergers and acquisitions, someone to help you do. The only thing you need to do is to find the idea and implement it--Silicon Valley, which is undoubtedly a paradise for entrepreneurs.

In Friday, 26-year-old Sun Yiju (Yiru Sun) borrowed 300 dollars from his boyfriend, from Princeton in the eastern United States to the three-hour Jet valley.

At 7 o'clock, Sun and her partner, Robert, from Apple, are taking part in the final round of an entrepreneurial race. The jury of 10 VC (venture capitalists) will analyze their business plan and ask questions. If they get first place, their project will get the right to explore investment with top Silicon Valley venture capitalist Fungjie and Sequoia Capital, as well as the organizers ' symbolic 1500 dollar reward.

Sun Yiju from Shanghai, China, is a ph. D. In the Department of Opto-Engineering at Princeton University, majoring in organic light-emitting diodes (Organic Light emitting Diode), and she graduated one year ago. Robert, a senior marketing manager at Apple, is also from China.

Their entrepreneurial project is called O ' Light (organic light-emitting lamp), based on a number of patents on OLED (organic light-emitting diodes) obtained during the Sun Yiju reading. OLED compared to the current market of LCD (liquid crystal display) display technology, has less energy consumption, high brightness, angle of advantage, is the next decade display technology trend.

Sun told reporters that she met Robert,robert a few months ago and encouraged her to make full use of her patented technology to create a company in the area of OLED that has not yet developed. "Dare to challenge." "The founders of Silicon Valley are the masters of their own challenges," Robert said.

Silicon Valley is indeed a "self challenged" paradise, with High-tech companies in every corner of the city, venture capitalists, busy law firms and consulting firms, successful entrepreneurs, and anyone with a mind to find supporters here.

"There's an entrepreneurial ecosystem here--no money, someone to give you, no CEO, someone to help you, no mergers and acquisitions, someone to do it for you." The only thing you need to do is to find the idea and implement it. Robert encouraged his partner in this way.

Women2.0 's Entrepreneurial competition

Sun Yiju and Robert continue to discuss a number of possible problems at the site, based on CNET, a well-known internet company, at the San Francisco office, and over half an hour from Silicon Valley to San Francisco.

The event organizers, a website called Women2.0, founder Annie Chang told reporters that Women2.0 's founding goal was to provide a platform for sharing ideas, experiences and dynamism among women in the Silicon Valley, and for women who wanted to be entrepreneurs. Management of talent exchanges, there are even opportunities for them to meet some successful business women, and get guidance.

This time the game was sponsored by several VC, including dinner and the winner's bonus. What is more interesting is that the organizers require more than half of the women in their team to participate in the venture contest.

Several venture capital organizations--clearstone Venture, Allegis, Morh Davidow Ventures, AOL New Ventures, Norwest Venture, Gobespan Venture partners--is the judge of the competition. Such gatherings are commonplace in Silicon Valley, says Annie Chang--and entrepreneurs need to see VC,VC and not miss a chance to discover the next Google.

Women.com's former chief executive, Marleen McDaniel, is also here, after she founded 6 successful companies and is now a consultant to help big businesses acquire small businesses. She told reporters she was here to tell the new entrepreneurs how to be interested in VC.

Many of the founders who competed in the competition were students who had not yet graduated, most of them from the Stanford University MBA. However, there are many years of work experience, including from well-known companies such as Google employees, their common feature is a higher degree of education, with a certain aspect of the technology.
Of the five finalists on the evening, three were formed entirely by the Chinese. Domestic surging entrepreneurial tide, on the other side of the ocean also stirring hearts.

The final 5 projects are: Network companies that provide personalized service networks Findyourscene, that is, through the Internet to help individuals find their own taste, have a common idea of people, and even every day with what kind of clothes; laser-seal, laser suture wound technology; O ' Light, Organic light-emitting Lamp Technology, Qtstar, a network of video sharing sites, and (you) Styleme, through the network to achieve the design of commercial products to display and share the site.

According to the rules of the game, each project team has 15 minutes of live demo ppt (slides), as well as 5 minutes of on-site VC questions, and finally by the audience to send mobile phone text messages to vote. The final decision, however, is in the hands of 10 judges who will enter a small room to discuss and vote for two winners, each with a prize of 1500 dollars.

Two winners will be given more opportunities to communicate with VC at the site, as well as guidance from a professional consulting firm Guidewire Group, and be able to directly relate to Michael Draper Fisher Jurveston (DFJ capital) Tim Draper and Sequoia Capital Moritz meet and get investment opportunities.

VC Love to hear stories

The CTO Wang Yu, known as Google's "female genius programmer" and Findyourscene project, began his speech with the first: "If you don't know what to eat tonight, or what to wear for the party tonight, then you come to Findyourscene ..."

She began with a story, gradually findyourscene the business model, and by the other two women with the team members of the group gradually show the contents of the PPT to the judges.

Wang Yu later told reporters: "U.S. venture capitalists like to listen to stories, the more close to the actual story they more welcome, the idea is to start from a small detail." ”

There is no doubt that the story of the garage, which was built from the garage of Hewlett-Packard's founder, has already made legends such as Google, Yahoo!, and even YouTube, and the example of a garage is creating generations of entrepreneurs.

"We don't have any money." "It takes money to start a business," says Robert, "and Silicon Valley has plenty of institutions to fund it, and for Silicon Valley, it's not about money, it's not about talent, it's about good ideas." "Robert is very confident of his project, he thinks that the Internet is not the best time, and the technology and products to change the face of the world will be the future of VC fancy direction."

Robert also started his own story: "The world needs colorful lights, and it's energy-efficient, O ' light is dedicated to researching and designing such lamps and can also provide design and production for future OLED display technologies ..."

After the speech, angel investor Carol Sands asked: "You talk about competitors such as Sony, Panasonic, are international big companies, how do you compete with them?" ”

"Before Google was built, Yahoo! was an internet powerhouse, but now everyone thinks Google has defeated Yahoo!." I would like to explain that, in the OLED technology, the Japanese company's technology accumulation is indeed much stronger than us, but this does not mean that their commercialization process will be faster than we, there is a Chinese saying that "big ship difficult to turn", large companies will not be able to quickly capture market opportunities. "Robert said.

"Organic light-emitting diode production requirements are very high, the world can achieve large-scale production of factories are very few, what do you do?" "Clearstone Venture Partners ' partner David Stern asked.

Sun Yiju replied that production problems could be put in China, and that China now has factories capable of producing organic light-emitting diodes, and that production in China can reduce costs, "We do design and give it to a dedicated manufacturing plant."

Before the judges entered the small room to vote, AOL New Ventures executive director Tami Zhu told reporters that she was very confident O ' Light Project: "Their ppt is very detailed, answer the question is very targeted, very good." ”

As the judges entered the voting room, the large screen began to show the audience's support rate for the various purposes, the audience by sending the project name to a number to vote. Sun Yiju was very happy because more than 30% of the viewers supported O ' Light.

"The winner is--laser-seal and O ' Light." "With the presenter deliberately creating a tense atmosphere and reading out the winners ' list, Sun Yiju and Robert are celebrating." Their project won the second place in the judges ' vote and won first place in the audience vote. This means that the two have won 1500 dollars in bonuses and the opportunity to meet top VC.

"I can give 300 dollars back to my boyfriend. Sun Yiju told the reporter with a smile.

The two VC on site expressed interest in their project and invited them to discuss the details. Tami Zhu to Sun Yiju said: "We hope to have the opportunity to work together." ”

The day after the game, Sun Yiju and Robert went to the Jinsha's office in Silicon Valley, Sun Yiju later called to tell reporters that Jinsha was interested in more than just her project, and hoped she would join the Jinsha venture and become an electronic engineering researcher and analyst.

"I'm still hesitating." "said the sun at last. But in Silicon Valley, the boundaries between venture capitalists and entrepreneurs are blurred.