Wang CEO: Entrepreneurs should not be "hired" by capital

Oral/American Group Network CEO Wang finishing/Shi Haiwei

Two years ago, the people who played the electricity business thought, I smashed this round 20 million dollars, the next round can melt to 40 million dollars, but they forgot another assumption--what about the opponents have money to do? Money is no difference, the world is not short of money, as long as there is the possibility of return on capital, capital will continue to pour in, This is obviously much bigger than a business needs.

Many entrepreneurs rely too much on capital and feel that capital solves all problems. But entrepreneurs have to understand that Tencent is always richer than you, you want to Chinese companies can melt the amount of money each year, Tencent to cast 10 billion yuan a year outside the 9001.html "> RMB, Tencent more money than VC, how do you win Tencent?" You can't say, I can hit the money, it can't hit the money, this is not tenable.

Professor Weiying says capital is a labor force, but in the electric industry, it's hard to judge whether capital hires entrepreneurs or entrepreneurs hire capital, a line that has become increasingly blurred. When you asked me how I knew the United States was right to not break the money when everyone else was crazy about it last year? Frankly, if the capital market is going to be a little bit longer, it could be a bit of a hit. The more confidence you have in the future, the more patience you will have now. My patience is longer than most entrepreneurs, and this is my experience of running a business, and it's about my beliefs. "Arson Gold belt, Shithio without carcass", is there such a situation? There is! You are to be the villain arson, or to be the side of justice, Shithio, even if the end of the dead body, this is a belief problem.

No matter which person or institution makes an investment, whether now or at some point in the future, you want to spend less money to make more money. Therefore, the value of the entrepreneur is not to melt the money, but how to make money. In economics, we talk about input and output. Judging an enterprise's value also depends on the input and output ratio, less than the number is to create value, on the contrary, you are doing a meaningless thing. For entrepreneurs, the most important thing to consider is how to spend money more efficiently and create more value than your opponent. I've been thinking for the last two years about how to use http://www.aliyun.com/zixun/aggregation/5739.html "> Internet technology to run a company at low cost and efficiency." As we become more efficient and gather more information, we have an opportunity to influence the entire industry chain.