Where Is The Next Alibaba?

In recent years, investment in the TMT field is fierce. Every investor wants to dig out the next one.

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The answer is beyond imagination. Zhao Hong, the founder management partner of amoeba capital, laughs, "for me, it often takes more than 10 hours to communicate with entrepreneurs. The process is quite like dating, and we are afraid of missing the right target."

Alibaba group

The question is: how can we find potential high quality enterprises early? How can we persuade our competitors to get the opportunity to invest? A number of venture capitalists have given their answers at the China Private Investment Summit held recently.

The most promising

Zhao Hong, vice president of corporate finance in Alibaba, worked for many years in the electricity business field. He said amoeba focused on investing in four core areas: electricity providers, big data, Internet Finance and intelligent devices.

Han Yan, a partner in China's venture capital, who is known for his early mining of mobile Internet startups, said that he is very optimistic about the future development of O2O. "O2O is now very hot but still in its infancy. Whether it's tourism and real estate in the near future, it's also a matter of popular technology, and projects that promote traditional industrial pformation are within our concerns."

Han Yan continues to emphasize that "speed is the best way to understand the best minds in the industry, explore the most potential talents, and the industry's most promising projects in the next 5 to 10 years."

Also optimistic about the prospects for the development of O2O projects, as well as Guo Chengken, director of Tencent financial strategy analysis support center, believes that mobile gaming is also a large market and has the opportunity to build a very large company. Internet finance is still on the cusp, and the third party service is also an emerging market. In China, Internet Co wants to build their own ecosystem, to buy all products in one system and provide one-stop services, such as Tencent, Alibaba, millet and other companies all hope to do so, and how to help these big companies to maintain the entire ecosystem and maintain their commercialization, and the third party services have great opportunities.

Li Zumin, the founder of fast taxi, and the founder of fast wisdom group, focused on finding the target from three areas. First, there must be data ability, including Internet computing power, to truly realize Internet; second, industry restructuring, tourism, finance, education and medical treatment, these industries are being reformed, and the future will become very huge; third, we must have the characteristics and foundation of Internet based.

How to find

Excellent TMT company?

A good company needs a pair of eyes to dig, and every venture capital organization has its own secret to lock in investment targets.

Zhao Hong has successfully invested in mogujie.com and many other electricity providers in the early days. The reason why he was quick and accurate was that he said that the accumulation of deep resources of partners and teams in the industry, most of the projects were excavated from within the industry, such as former colleagues, friends in the electricity supplier industry, investors and LP and other closely related circles.

In addition, Amiba himself also provides a platform to enable many good ideas to be implemented. Many companies in the portfolio come from internal creativity, and then choose the right partners to carry out project operation together.

Han Yan had another logic, which made him successfully intervene in many O2O projects such as foot notes, public comments and housing and so on in the early days. He thought there were four words to sum up for a good investment target, the first is the human; second, or the person; third is the focus; fourth is the early stage.

It is reported that his team spent a lot of time on their own improvement, trying to become the leading risk agency in the industry, with advanced ideas and vision.

If you are not the leader of the industry, find a leader, take the time to study his experience, motivation, psychology, how to think about the problem, and how to lead the way.

Found good

It is also a good way to win quickly.

"You must keep your thoughts and entrepreneurs at the same pace and respect them," Zhao Hong said. It would take 10 hours for entrepreneurs to communicate with entrepreneurs, and entrepreneurs would like to seek support from other sources in addition to obtaining funds. They hope investors can help them in the process of growing up.

Han Yan emphasized that acquiring the core competitiveness of an investment project is not only the details of the specific operation of the project, but also the fact that venture capitalists at the founders' level understand the true idea of his entrepreneurship. This is the core of winning the project. He will stand at a higher angle and discuss with his founder how to form a unified alliance within the team, and how the core members of the team use large amounts of money to get trust and form the same with them.