IDG Li Feng of Peking University to talk about after 90 business, I have failed twiceLi Feng, one of the youngest partner, TMT field of the top investors, venture capital industry known as 'Feng handsome', making investors before, Li Feng had two failed business experience, from a frustrated entrepreneur professional managers and then to investors, Li Feng 2015 Latest Nike Shoes transformation and transition, can be said to be a story highlights. Evening of May 6, graduated from Peking University, Li Feng returned to Beijing University, Beijing University Entrepreneurship Competition at IDG campus lectures at the meeting, shared their experience with many juniors, a lot of people never thought, the investment community, 'rich handsome' at the university experienced a 'dark period' hanging over Air Jordan 5 class, received punishment, crossed in love, drunk ...... in his own words, 'is not a typical good student.' Once frustrated entrepreneurs, New Oriental executives, today IDG partner to successful status back to Beijing University, Li Feng popularity can be described as hot. About 90 entrepreneurs topic, fast stimulate students interest. His last year, on behalf of IDG has invested 8 90 entrepreneurs, the Air Jordan 7 fastest a 20 million investment, Li Feng from entrepreneurs to Air Jordan Spizike see the decision to invest, it only took more than a dozen minutes. 'These 90 entrepreneurs a better understanding of the ideas and needs of young people now, as long as they think things very clearly, know how to do it, we will invest.' Li Feng said. Let Li Feng rather pleased that after some 90 entrepreneurs IDG investment project, the current development are good, some better than expected. See accurate, fast, which is Nike Air Max Excellerate+2 characteristic of Li Feng investment projects. However, once as a entrepreneur, he had lived through two failed. 1999, Li Feng and two North students began the first venture to do is environmentally friendly design, preparation in this chain do some big business, but due to various reasons, last earn less than 30,000 Yuan, had to give up. New Oriental to go after, followed by North 'expulsion' of Mr Yu, working is 7 years. Naturally we must start dealing with Li Feng, or lost business temptation, leaving business again. Second venture, not to mention the failure, he founded the company at the time is seconds Technology, has developed well, $ 30 million in revenue size, two or three hundred people in the team. But he believes that their failure is that not enough stick. It is his hope that IDG campus Nike Air Max 2012 Air Jordan 5 entrepreneurship competition, want to pass a very important point to 90 and young entrepreneurs. 2006 second venture, Li Feng, Beijing University and other eight do this based on the data of large Internet advertising company, first at the end got the venture, but Li Feng to sell their shares, they began to do other thing. Li Feng start from personal experience, the first time because of a lack of experience on the market allowed to judge, the second is not enough stick. It is also common mistakes entrepreneurs. In his view, today's campus entrepreneurs more fortunate than his college days, the Internet and mobile Internet era, provided the soil entrepreneurship, there IDG such international capital giants are willing to provide guidance, resources and funding, although 90 After the very young and inexperienced, but IDG is willing to support good ideas, good projects. Li Feng and Peking University students and youth admitted: life and experience a variety of things, whether it is from a fall, will eventually be an asset, even if he had been punished over the North, even if Mr Yu was expelled from the North, these are not preventing them closer to the goal of success. And Li Feng repeatedly mentioned IDG campus entrepreneurship competition (edu.idgvc.com.cn), led by IDG for the country's college students entrepreneurship competition, winning the top three, you will get 150,000, 80,000, 5 million in prize money, the project also excellent opportunities for direct access to IDG investment into the semi-finals who, as well as access to internships IDG invested more than 200 companies.