Zhu Xiaohu said only vote for young people such as 3 years ago Cheng Wei 4 years ago the presidePosted by: admin | Posted on: February 19, 2017
Li Min: "so how did Zhu always choose the older Wu Bo in the United States and in the hands of the younger rather than the younger Mr Wang Xingna?"
Zhu Xiaohu recently in the dark horse learn to share the investment experience, the following is his oral selection.
has an aggressive, understand the market most entrepreneurs to attract investors
I of the entrepreneur’s personality standard is simple – aggressive. The best found 3 years ago, Cheng Wei Zhang Xuhao 4 years ago, 9 years ago, Zhuang Chenchao, who is very young but very aggressive, determined to do a big platform. Only young people, do not consider after 70.
in addition, the entrepreneur must know more about your market than investors, deeply know what is the key success factors of this industry, and your team will have these elements, so that you can impress investors.
Jinsha River venture capital managing director Zhu Xiaohu
founder Zhang Xuhao, for example, hungry, he did not graduate from the beginning, there is no work experience, but he touched me is commercial sensitivity. At the beginning of the transaction is very small, a single two thousand or three thousand single. I asked him a simple question: do you draw from each transaction?. Because the boss is very concerned about being drawn into the food and beverage, if the smoke into, and he will say to the user, the next time you do not order from the platform, you call a single, I send you a tea egg, this time it is easy to fly single.
Zhang Xuhao said to me, now can not be pumped into, because the scale is too small, "I estimate that a year can bring much traffic to the store, as a proportion of annual fee, this is reasonable, user stickiness will be very strong, the restaurant owner will also take the initiative to promote the platform."
I immediately felt that he had a natural business acumen, which was very valuable.
the first time I saw him was in a college student entrepreneurship competition, he was a graduate student at Shanghai Jiao Tong University, I rated him as the first, after the game, I gave him a business card, said after graduation to find me. He later went back to write papers for over a year, did not find me, but went to the United States Uber A round investors, and we are very familiar to the investors, he threw the takeaway website, but he does not vote in China, then put this business plan to us. So, I have been with Zhang Xuhao is a fate, always cannot escape from our hands.
good market should comply with the "3S standard"
entrepreneurs in order to obtain the favor of investors, we must choose the right market. Our judgment on the market is very simple, that is, 3 S.
first, whether the market size is large enough (Significant). Now China’s Internet is very clear, the first and second if you can not fight the outcome may be merged, the third can be sold to a listed company, but if in a small pond, even if