Which is the truth?

Absrtact: The recent Innovation Workshop equity turmoil has been uproar, some people questioned the innovation factory accounted for too big, sounded the net burst in March 2011, kai-Fu Lee in an interview with Zhongguancun said that the innovation factory in the incubation of enterprises in the general stock of 30%~40%, but recently in

The recent Innovation Workshop equity turmoil uproar, some people questioned the innovation factory accounted for too big, the trumpet net explosive material said in March 2011, kai-Fu Lee in the interview with Zhongguancun said the innovation factory in the incubation enterprise accounted for the general 30%~40%, but recently in an interview with reporters said: " Usually the first investment accounts for 15%~20%. "There is a mixed argument. On the question of equity, Innovation Factory CEO Lee Kai-Fu, August 3 in micro-blog on the account of a large share of a said to be denied, but also in the acceptance of Tencent technology interview that someone to the innovation factory envy envy hate. But is it someone who envies jealousy or a creative factory that kidnaps entrepreneurs?

Probably the most persuasive story in the Journal of South Weekly, the company's managing partner, Hua, had a conversation with Wang Junyu, another founder of Cui and Pea pods, after a formal registration of pea pods, the subject of which was to define the proportion of creative workshops in pea pods, and found that the innovation Workshop was not occupied by 10 of the average angel investment. % and so on, but twice times, 3 times times even 4 times times.

To this Kai-fu Lee clarified:

"The Chinese entrepreneur is facing a big trap is the angel very early take up big stake, let the entrepreneur lose control power and power, also let High-quality VC dare not take over." And many times the media or micro-blog report Innovation Workshop accounted for too large, leading to the misunderstanding of our entrepreneurs. The Innovation Factory has invested 50 projects, averaging 17.6% of shares, and some have cast 2-3 rounds, so the average share of each round is lower. When an entrepreneur puts his trust in the future in my hands; when a VC investment in the real money in our earlier companies, when an institutional investors are more willing to let us make money for him, when the engineers in the future can have a lot of road choices, but still come to us to find work opportunities ... These facts are sufficient proof that we are recognized for our work.

Innovation Workshop new financing 148 million U.S. dollars, the previous financing of 180 million U.S. dollars, although some people say that financing does not represent the success of the star Workshop, but from the investment project, the factory has cast 50, only four dead, and peas, snacks have been off the factory began to fend for themselves, magic Figure wizard by Baidu acquisition, go to now this looks very good.

As the saying goes alike, what kind of things will encounter, do not rule out the envy of someone jealous hate, want to black innovation factory.

But kidnapping also makes sense: in the Southern Weekly report, the innovation Factory occupies is not the average angel investment 10% and so on, but is twice times, 3 times times even 4 times times, the open reply response average shares 17.8%, compared with twice Times said that compares, as 3 times times 4 times times, probably only innovates the factory and it invests the company to know.

Which one is the truth?