Only those who do not venture will be able to succeed in business
Abstract: in today’s Internet, there are many creative ideas by using the pseudo demand excessive speculation out, played the game of capital entrepreneurs must clear it, but why would anyone want to throw money behind this? The biggest reason lies in "speculation" above.
entrepreneurship can not be more substantial, less chicken soup?
Now open the
news website is: out of public entrepreneurship, innovation, entrepreneurship is not difficult, 90 million CEO won the XXX project financing, valuation billion, and encourage entrepreneurship articles and so on, and the following comment a point like. After reading, feel entrepreneurship is really very easy, a group of 35 people, covers idea, a PPT can get millions of investment. Is it really easy to do business online as those articles say
to tell you a case, I have a friend who is doing that piece of industrial market, he told me that 13 years from now for three consecutive years the Chinese industrial weak market, a large number of private enterprises bankrupt, especially sales. His company’s customers are almost all factories, customer benefits decline year after year, there is no money to update the equipment, can be described as three years a year less than a year. Sometimes I would ask him, the industrial market has reached such a point, why did not see the news reports? He only smiled at me helpless.
what I said above is the industry, it may be said that now is the era of the Internet, for today’s Internet business, most people are still a bit ignorant, the so-called Internet business is the concept of speculation, from the West master hamburger to Huang Taiji, and then carved sirloin, there are a large number of group purchase website so, in addition to burn, which has the technical content or the core competitiveness of the
is now the Internet, there are a lot of ideas by the pseudo demand excessive speculation out, played the game of capital entrepreneurs must clear it, but why would anyone want to throw money behind this? The biggest reason lies in "speculation" above. For example, suppose three in the business to do a bit of cock ", in the early start, Zhang San through the hype, attracted all kinds of media reports, after the angel investor Li Si fancy, investment 1 million Angel round, accounted for ten percent of the shares. After the three to get the angel round, open Angel round of financing of 10 million, after three to three months after the hype, successfully got Pre-A round the king of five, the valuation of the project fifty million, then the angel investor Li Si chose to quit, because Pre-A round of equity dilution of the two percent, only eight percent of the shares, according to the valuation of exchange ratio the return is 4 million. Well, angel investor Li Si investment 1 million, after three months to get the income of 4 million times, up to four times. This case may be more exaggerated, but the situation is probably the case, which is why so many pseudo demand projects, there are still investors willing to invest.