Top VC: Electric dealers, games, O2O Three fields will be high valuation companies

August 12 Afternoon news, 2014 TechCrunch International Innovation Summit held in Beijing. At the meeting, venture capitalists such as GGV Capital, Sequoia Capital and IDG Capital explored the capital markets of China and the United States, where the industries of high valuation companies and the opportunities for start-ups would emerge. IDG Capital Partner Li Feng that the future emergence of tens of billions of dollars overvalued companies will exist in three industries: the first is related to goods and services trading market, that is, the sale of commodities, the standardization of Electronic Commerce website; the second is entertainment virtualization applications, such as games, video and so on; third, O2O is a personalized service market. These three industries will be followed by high-growth high valuation companies. The opportunities and potential of these three industries have been recognized by the market and investors, such as Taobao, YY and other domestic companies in the stage of scale, as well as foreign start-up companies such as Cytopathic and curse in the fast rising period. In addition to these industries, the characteristics of becoming highly valued companies include a global vision and a strong ambition and action. Donshau, managing director of GGV, said: "In the mobile internet industry, companies that can achieve global layout can do a great job, perhaps even bigger than bat." "He is optimistic about China's silk economy copied to overseas mode." "Cock Silk market domestic competition is very fierce, and other countries, cock silk user scale is huge." If you can play overseas markets, like Europe once in the era of great sailing expansion. The growth rate that internationalization brings to the company is unimaginable. Donshau said. In addition to the industry, the company's characteristics, the opportunity of Chinese start-up companies are the team's can-do and executive power. In the eyes of investors, domestic startups are much more diligent than American startups. In this respect, Sequoia Capital Partners said: "From a global perspective, Chinese entrepreneurs, especially the code farmers, they are much more diligent than overseas." Foreign hotel industry does not provide food services at night, and in the middle of the night to work entrepreneurs are very common, from the industry can see the difference between China and the United States. At the same time, "the current mobile channels more flat, to reach users easier, Chinese enterprises are very competitive." "From a macro point of view, high valuation companies in the emergence of the capital markets active environment-related, so the industry thinks the technology bubble again." Ji Yue Frankly, the stage is indeed a bubble exists, but in the long run, the capital market is active, China to engage in venture capital will be more and more funds, which provides entrepreneurs with large-scale entrepreneurial opportunities. In recent years, however, the bubble has had a greater impact on the earliest and most advanced entrepreneurial teams. The former is the initial financing, while the latter involves VC withdrawal and IPO. As for why these two influence, the more said: "The early is because the imagination of the most ingredients, emotions will easily be around the capital market, while the latter is relatively utilitarian, close to the money, because of the impact of capital market fluctuations." "In this regard, IDG capital partner Li Feng that the current situation is indeed the early Chinese entrepreneurial project valuation is much higher than normal, but in the long term overall is the preferred financing environment." For a staged bubble of high valuations, he argued that the macroIt's a good thing to see, and it should be seen that the capital market is bigger than it used to be because it's not advertising, it's a trading model.