Zhu Xiaohu: Internet companies a lot of cattle at A wheel widely questionedtext / Zhu Xiaohu last week to attend industry conferences, listen to colleagues, complaining VC projects are now lining up early to term, could not help but asked the one in the past decade, which one cow B when A round of Internet companies are not widely questioned, but the term of VC lining up to? ! In the hustle and bustle of the market, we need to calmly think. Let's just say almost 500,000 yuan Teng Xun bondage, even after 2005 from Silicon Valley VC inroads into China, was very cow B entrepreneurs are still at an early stage investors experienced numerous cold: Where: CC and Fritz really is searched all the institutional investors on the market, but no one believed could be out a platform between Baidu and Ctrip; Didi: Most investors are in doubt, Uber car cut in from the United States, why the drops from rent car start? Uber is also difficult to make money in the United States from the cab, Chinese taxi driver more bitter B, can make money? Indeed drops so far, not only did not make money from the taxi driver, but also billions of dollars subsidizing go, but to create a local travel Air Jordan 5 Retro entrance; unfamiliar street: Tang Yan out financing, almost all investors (including himself) also have 51.com in the aftertaste achieve 100 million users after being QQ in six months exterminate shock. Dating stranger Tenable? Of course, easy for her boss Don, on his eyes at the ceiling of style difficult to estimate so that most VC accepted. Shopping bag: do \u0026 ldquo; Horn \u0026 rdquo; when Ke really do not see any signs of a unicorn (I was rejected twice), did not expect to switch to pocket micro store after shopping and then soar. So do not underestimate any defeats entrepreneurs, especially those who can learn from each of the rapid growth of entrepreneurs fail;? Why pursuit of the project early VC but not easy to run out and we are constantly The recovery disk. Most VC sought a project for the following reasons: We all understand the business model we have to understand the business model, in many cases, are simply copying the model of the line to the Internet, rather than the full use of the Internet Advantages to subvert traditional industries. This model in touch truly revolutionary, fully utilize the advantages of the Internet mode, it is little protection against the. Internet bogeyman is six months will be able to completely change the situation, and the possibility of almost no comeback. Internet entrepreneurs must always be very careful so that our model is truly revolutionary, it is not from the perspective of the other competitors can not imagine the fight over? Fear Of Missing Out (FOMO) This often happens in one area suddenly there was a small giant, investors missed the whole industry chain, afraid to miss the opportunity to bet on mergers and acquisitions or the presence and active cloth child in similar fields. In fact, China and the US Internet ecosystem environment vary widely, the US Internet industry chain segments each link may have start-up Air Jordan 1 companies live very moist, and Chinese companies has become a small giant, it is because they can put powerful near the nutrients in the soil over the entire draw. For example, even in such a large tourism industry, now it is basically to go, Ctrip Hutch hegemony. Where to seize the user entry, from the front to fight back; Ctrip occupy the back-end order fulfillment advantage playing from the back forward. Under normal circumstances, the front entrance will occupy a more strategic advantage (of course, as to where investors think so). Today, battle Zijin top of two masters, let us wait and see the final outcome. Coupon is a classic case. Four years ago, we see pudding Shipping A round of financing, when it and the team clearly said, we feel pretty good team, but the coupon is no future in this direction, he and buy for the same business and consumer groups, but buy higher percentage cut from each transaction is much higher than the coupon commission from each transaction ratio. Customers can support such a huge sales force under the line, while the coupon mode is too poor to feed the line team, it will eventually be integrated into the deals. Facts have proved true, three years later, to make a transition team pudding Shipping \u0026 ldquo; Nike Air Force 1 \u0026 rdquo ;. micro car But if you do not waste this three-year period, it may already be leader in the field of illegal query (although we are not very optimistic about the direction). In fact, real gold business entrepreneur Age is very limited, 30 to 40 years of this decade, if wasted three years is very unfortunate. We are willing and entrepreneurs together to discuss how to avoid such pitfalls entrepreneurs. Successful serial entrepreneur successful entrepreneur second venture, especially when entering different fields, in fact, is very dangerous. Entrepreneurship is already the mighty force in single, failure is inevitable, success is accidental. And successful entrepreneurs generally believe that the success is inevitable, start again like holding a high hit, until problems found when not much ammunition. Ladder subnet only recent case, but it is not the only case. So we generally require the entrepreneur to prove a single point before the business model, try to control the burn rate, so even if the problem was found, there is the chance to do. Young entrepreneurs may not know the original Baidu is the business model in the fourth attempt when it found the PPC; QQ painful for how to make money for a long time. We are very willing and serial entrepreneur explore how Nike Shoes to efficiently achieve business again break 0-1 in. Air Jordan 5 Retro Our partners have their own record industry, experienced a process of 0-1, and in recent years has also helped many start-ups, rapid verification at a lower cost business model, and accumulated a lot of knowledge and experience. In the hustle and bustle of the market, we must be able to keep a cool head like that sniper. Remotely! Reload! Check! Silence, waiting for the next Air Jordan 13 Retro determination to billions of dollars of opportunity. About the author Kids Nike Trainers Zhu Xiaohu is the Managing Director of GSR Ventures, known O2O field \u0026 ldquo; Golden Kathrine \u0026 rdquo ;.