普华资本投资团队,普华资本实力如何

请查看相关英文文档

❶ Why are there so many "scams" in the currency circle that relies on blockchain technology?

Behind any investment with an unusually high return rate, there may be "scams" hidden behind it. You want his interest, but he wants your principal" type of scam.

On July 4, 2018, a recording of Li Xiaolai, known as "China's richest man in Bitcoin", was exposed, causing an earthquake in the currency circle. In the nearly hour-long recording, Li Xiaolai made sharp comments on many big players in the currency circle, and also gave "step-by-step" instructions on how to cut off the leeks of retail investors.

Although my country has rectified and banned ICOs according to law in September last year, it is not uncommon for project parties to avoid legal supervision through foreign registration and underground ICO models. This requires regulatory authorities to increase their efforts in governance, establish sound industry standards, and promote the good development of the blockchain industry.

For investors, on the one hand, they must keep their eyes open and not blindly follow the temptation of so-called "Internet celebrities". If you really believe Li Xiaolai’s remarks denying value investing and advocating speculation, then you are playing into his trap and will eventually become a leek that can be harvested by others. On the other hand, you need to invest rationally. Behind any investment with an abnormally high return rate, there may be a scam like "you want his interest, but he wants your principal".

Content source ifeng.com

❷ Comprehensive development of social platforms to bring goods, unicorns dominate the business network, where is the new entrepreneurial platform?

According to Weilian APP According to statistics, from the birth of a startup to its growth into a unicorn, it takes an average of 5.2 rounds of financing, which takes 1,511 days. On the road to unicorn growth from 0 to 1, the most critical stage is to reach a valuation of US$100 million. At this stage, their business models have been basically verified, and this is the period when companies truly begin to expand on a large scale. Therefore, for start-up companies with innovation, financing and growth speed, US$100 million is the first key node for them to enter rapid development.

In 2018, the concept of "quasi-unicorn" with a valuation of more than US$100 million was first proposed at the Second All Things Growth Conference, which attracted strong attention from the venture capital circle. As the mainstay in the development wave of switching from old to new driving forces, quasi-unicorn companies have become the most watched group in the wave of innovation and entrepreneurship with their outstanding business growth capabilities and outstanding scientific and technological innovation capabilities, making huge contributions to promoting local economic development.

In a globalized innovation environment, how do quasi-unicorns anchor new development opportunities? How do they inject new impetus into the development of innovation fields? In an era of innovation where opportunities and challenges coexist, from the perspective of technological innovation and model innovation From a perspective, how should "quasi-unicorn" companies respond?

June 28, The first US$100 million company conference was successfully held in Hangzhou. At the meeting, Cai Hua, founder and CEO of WeChat, discussed with Puhua Capital the new pattern, new developments, and new highlights of future unicorns.Founding partner Shen Qinhua, founding partner of Oriental Jiafu Xu Xiao, Qiniuyun co-founder Du Jianghua, Daguan Capital founder Wei Haijun, and Yijili Business Vice President Wang Min launched a roundtable dialogue.

[Shen Qinhua, founding partner of Puhua Capital]

Shen Qinhua believes that a city’s Politics, economy, culture and talent structure are closely related to the growth of unicorns and quasi-unicorns. In essence, there is a mutually enlightening and complementary relationship between the two. In addition, the policy environment and innovation activity are also critical.

[Xu Xiao, founding partner and chairman of Dongfang Jiafu]

Xu Xiao It emphasizes the need for a more open cooperation model in business operations and increases interaction and cooperation with the interests of all parties. He believes that the development model of innovation and entrepreneurship should pay attention to upstream and downstream industries and dig deep into the fundamentals of products.

[Qiniuyun co-founder Du Jianghua]

At the scene, Du Jianghua It emphasizes the growth momentum hidden behind the team of startup companies under the agglomeration effect. He believes that in the process of enterprise operation, technological innovation and model innovation are not incompatible, and the two can even leapfrog and promote each other.

[Wei Haijun, founder of Grand View Capital]

Wei Haijun believes that in the current situation Under the world structure and economic system, going overseas is a good choice, because the development of the global Internet is very uneven, and competition in various segments of the Chinese market is fierce. However, from a global perspective, all segments are worthy of investment. Again.

[Wang Min, Vice President of Yikm Business]

Wang Min believes that technological innovation and Model innovation and innovation are complementary to each other. Model innovation may have a larger proportion in the early stage, but in the middle and later stages of the enterprise, technological innovation can add more vitality. Regardless of the company's products, services or product form, the ultimate goal is to serve people, so we must focus on customer experience and customer service.

Cai Hua: Data from "100 Million US Dollar Company·Future Unicorn List" shows that Beijing, Shanghai, Guangzhou, Shenzhen and Hangzhou are the main gathering places for domestic unicorn companies, and the new frontiers represented by Chongqing and Chengdu The number of quasi-unicorns in cities has increased significantly in recent years. The first topic of today’s roundtable is to discuss the relationship between urban innovation and entrepreneurship ecology and the cultivation of future unicorn companies. What will happen to future unicorn companies? Is the urban venture capital environment more conducive to its development and growth?

Du Jianghua:I think this is a very important point, and this is also one of my requirements for the team. I will ask everyone to use the eyes of an investor to discover the customers you will serve. For example, when many companies were first founded, including those like Zhihu and Wandoujia that were still inconspicuous in their early stages, if you really communicate with their teams, you will find that there is a common logic behind them. For example, in our overall layout, Shenzhen, Beijing, Shanghai, Hangzhou, and Chengdu, these cities have a great feature, they are very powerful in attracting innovative talents. For example, Hangzhou has formed several major characteristics, one is the Alibaba system, as well as the NetEase system, the Zhejiang University system, and the overseas returnee system. This kind of city's innovation environment will breed more and more quasi-unicorns and unicorns, including in Hangzhou. There are many high-quality companies such as Daily Interactive and Mogujie that cooperate with us more or less in terms of cloud services. With the increasing agglomeration effect, coupled with the many big names in the investment industry today, if we can really work hard in a city, I believe that the city will get better and better.

Shen Qinhua: As a local institution in Hangzhou, Puhua has invested in nearly 400 companies across the country. I think the development of unicorns and quasi-unicorn companies is actually closely related to the economy, culture and talent structure of our city. These cities are like our Hangzhou, which has a very good policy environment. At the same time, there has been a huge inflow of talent in recent years, and the venture capital community is very active. In addition, our services for entrepreneurship and our tolerance for entrepreneurial failure are also critical. Silicon Valley was also Developed based on these points. So I think the entire entrepreneurial environment in Hangzhou is very good now, and the number of unicorns and quasi-unicorns it has produced is also relatively leading in the country. Going back to the question itself, I think from an overall perspective, there are two main points that can be mentioned. One is the urban innovation and entrepreneurship ecology itself, which is closely related to the growth of unicorns and quasi-unicorns. In essence, there is a mutually enlightening and complementary relationship between the two. In addition, the leading role of leading enterprises is also critical. Because the Ali system in Hangzhou is indeed very strong now, and it is also a business card of Hangzhou to the outside world. It has a great influence on driving the economy of Zhejiang or Hangzhou, especially in the field of digital economy. In the future, Hangzhou will have great influence in the fields of digital economy, biomedicine and other fields. More unicorns are born, thank you.

Cai Hua: Technological innovation and model innovation have always been two innovation models that have been discussed together since the beginning of entrepreneurship. In recent years, technological innovation has been the driving force for the development of enterprises in new infrastructure, industrial Internet and other related fields. Widely recognized, does that mean that model innovation has gradually been weakened? For quasi-unicorn companies, which is more important, technological innovation or model innovation?

Xu Xiao: From the perspective of our investment logic , we don’t pay much attention to whether the focus of this enterprise is model innovation or technological innovation, because we have a different definition and method of technology and model. Oriental Jiafu achieved good results in its listing on the Science and Technology Innovation Board last year. From last year to now, a total of 6 companies have been listed on the Science and Technology Innovation Board.From the experience of these listed companies, I think they cannot be said to be independent technological innovations or independent model innovations, but they all have a substantial breakthrough in technological innovation. This breakthrough enables them to effectively to fully meet the needs of their downstream users, thus forming a complete closed loop in business. We have a point of view that the competition among enterprises in the future is no longer the competition between individual enterprises, but the competition between ecological chains. You need to help your customers together and serve your customers' customers well, and even the customers of your customers' customers. Whether it is technology or business model, this is the fundamental point that we really need to dig into.

Du Jianghua: In fact, my point of view is relatively clear. I just mentioned Pinduoduo and NetEase. You can take a look at the origin of its development. NetEase started out as 163 Mailbox. It’s hard to say how much technical content the mailbox has. It’s more of a change in application model and a communication interface. Pinduoduo is a gamified and entertainment-oriented entertainment game for third- and fourth-tier cities. From the perspective of the game, it allows everyone to bargain. You can cut off a penny or a dime. It is because of the innovation of this model that the pace is slow. It took us a long time to become such a big company. In addition, back to NetEase, it has incubated NetEase Youdao and Cloud Music, and its essence is still a model of serving users. So I think technological innovation and model innovation are equally important, but their division of labor is different. Today, Pinduoduo will definitely use various technologies such as big data and artificial intelligence to better satisfy customers on the platform. So I think the first thing is that there is still a different division of labor, but as for the company itself, it is driven by model innovation from the beginning to meet the needs of customers, and we can talk about technological innovation later when we have the ability.

Cai Hua: I saw a report a few days ago that Yikmi is now firmly ranked first in the intelligent unmanned car wash industry. Then I would like to ask Mr. Wang about the field of intelligent unmanned car wash in recent years. Like bamboo shoots springing up after a rain, it is generally favored by the society. What innovative attempts has Yikun made in technology and model to achieve today's results?

Wang Min: First of all, Yikun's mission is to serve people with technology, so regardless of Whether it is our company's internal management or external product form, the ultimate goal is to serve customers. While serving more than 1,500 stores, the company currently maintains a scale of more than 100 people, which fully reflects the principle of efficiency first. Our company as a whole has a understanding of car washing, that is, car washing must be a rigid need and must be a traffic entrance. We replace simple and repetitive labor with unmanned services, make car washing extremely pure, and focus on providing good service. The second is technological innovation. Our entire technical team focuses on capturing data from customer experience and customer service during the production and R&D process, and then applies it to car washing, including process optimization and back-end management and control. , including the construction of urban teams in various places, the entire series is interlocked, and technology can truly serve people.

Cai Hua: The US$100 Million Company Conference combines current hot topics and focuses on the six major fields of advanced manufacturing, artificial intelligence, medical health, new consumption, corporate services, and education. It has set up 8 parallel special sessions, and more than 100 US$100 million companies have participated in the conference. Investment institutions are involved. From everyone’s perspective, what other areas have opportunities for rapid growth, and may future unicorns emerge in batches?

Xu Xiao: The investment logic for the next three to five years is actually It is very clear that it is the deep integration of information technology and traditional industries, including the education, consumption, medical care, and manufacturing just mentioned, including the underlying information technology, including artificial intelligence, big data, and cloud computing. These industries There are very big market opportunities among them. China has the most complete manufacturing industry chain in the world, and the deep integration of manufacturing and information technology is of great concern to us. The current entrepreneurial environment has changed a lot compared to the previous ten years. I devoted myself to this industry in 2007 and 2008. After witnessing this cycle, after the demographic dividend and the mobile Internet dividend disappeared, we entered the era of stock game. In this era, the requirements for the characteristics of entrepreneurship have changed a lot from the original ones. Under the original dividend of mobile Internet, today it is 0, tomorrow it can be 100, and the day after tomorrow it can be 10,000. This era has already In the past, it took eight to ten years of exploration for B2B companies to find their own way. Does the founder have an indomitable spirit, can he not be defeated by these difficulties, and does he have a very tenacious will? This is Particularly important part. Therefore, openness and tenacity are our most important considerations for entrepreneurial teams.

Cai Hua: With the changes in the world structure, China has gradually moved to the center of the world stage. In the past two years, we have seen that artificial intelligence, new consumption and even social platforms are all deploying overseas markets. , we know that Grand View Capital focuses on investing in early-stage companies in various fields going overseas. Under the current world structure and economic system, is expanding overseas markets a new opportunity for the development of future unicorn companies?

Wei Haijun: I think Chinese companies are on the rise across the board. If you look at it in a global context, all subdivisions today are worthy of your investment again. We mainly focus on projects in four major subdivisions. The first segment is in line with new infrastructure. We believe that there are huge opportunities overseas in the Internet infrastructure. The second segment is games. At the end of last year, a large number of Chinese game companies began to emerge overseas. Third, projects in the cross-border field have had a greater impact on the real economy this year, but cross-border services have actually increased. The three companies we invested in Hangzhou and Shenzhen have all grown against the market trend. The fourth is the SaaS field, and enterprise services are a field that has suddenly emerged. Today, there are huge challenges for many entrepreneurs in China. They have faced global competition since they were born. We see that the power of entrepreneurship in China is basically divided into three types. The first one is represented by Alibaba, which we call For those who go to seaGiant. Second, there are more and more quasi-unicorns and unicorns. They want to grow in the current market environment. They will soon set their sights and markets overseas, paying equal attention to both domestic and foreign countries. This is a very typical example. Phenomenon. The third group is small and micro entrepreneurs. This is the lucky place that the times have given us, and it also makes me very, very excited. I think we have been discussing this field for a long time.

Computer technology and network technology are developing rapidly, and new network applications are constantly impacting old platforms. In view of the rapid development of social platforms such as Douyin, let’s talk about thoughts on entrepreneurship and innovation.

First of all, marvel! With the rapid rise from the social comprehensive platform, we suddenly discovered that network technology is omnipotent and can literally move everything in human society onto the Internet. The social platform integrates the functions of self-media and commercial online stores. Various hobby gatherings, talent performance gatherings, entertainment performance gatherings, and even medical, education, culture, health and other content related to people's daily life needs are moved to a set network space. , such as Douyin APP, which was launched in September 2016. In less than four years, the trend swept the world, and the powerful US government was also ashamed.

Second, it is not a roadblock, but a convenience for entrepreneurs to take advantage of the situation for publicity and promotion. The comprehensive social development application represented by Douyin has played the strongest voice of the era of tolerance and cooperation. The rules are designed so that users are both directors and actors, who can enjoy themselves and attract a large number of fans; they are also designed to be merchants and consumers, who can make money and consume directly on the platform. In other words, users can use social platforms to promote their own projects, and use low-cost promotion and publicity to achieve the effects of developing themselves, promoting themselves, and serving project entrepreneurship and innovation.

Third, the moon changes and the stars move. With the arrival of the 5g era, network information transmission technology has reached its extreme in application fields, changing people's way of thinking and lifestyle in all aspects. At present, Internet giants dominate the Internet and control the world, and information dissemination platforms with centralized organizations as responsible are still the mainstream of the Internet. However, maybe things must be reversed! Blockchain technology, with Bitcoin as its first application, was born. New application scenarios such as distributed accounting and point-to-point value transfer exploded in the financial world. The application of decentralized trust mechanisms that do not require third-party certification has also temporarily shown its prominence. . In the face of new technology, there is a huge divergence in the perceptions of the world's top experts and wealthy people. But it cannot stop the progress of blockchain. Driven by Ethereum smart contracts, various blockchain applications accompanied by huge scams continue to test people's wisdom and patience. The application direction and application projects of blockchain are gradually pointing to the commercial market. Sharing Miaomiao attempts to use blockchain points B TJB as the design core to design a complete set of closely connected smart contracts, allowing users to share, create and govern together, and build a continuously expanding market ecology.

In a new entrepreneurial platform, the word "new" reflects a lot of helplessness and sadness.

New platform, new personnel, new team, unstable R&D capabilities, stuck in one level, it is easy to finish the game in vain;

New platform, new technology, new model, the first is to prevent the technology from being leaked, the second is to worry about the model not being closed loop, if there is no data to verify, starting from scratch is empty talk;

< p> New platform, new contacts, new resources, the financing market cannot escape. There are only a few big investors, not to mention the arrival of unknown newcomers?

What should I do if something doesn’t work? Could it be that I chose the wrong path to start a business? !

I didn’t say that. It’s important to control the process. When new people start a business, fight if you have conditions, and surrender if you don’t. Survival is the way to go.

❸ What are the top ten social e-commerce platforms in 2020?

The top ten social e-commerce platforms in 2020 are: Yunji, Future Market, Miya, Global Self-Selection, Pink Elephant Life, Youpin Youyu, Daily City Tour, Yang Pier, Big Times Happy Rabbit and Wukong Shopkeeper, the specific contents are as follows:

1. Yunji

Yunji Founded in 2015, it is a high-quality membership e-commerce driven by social networking, providing members with a full range of selected products such as beauty and personal care, mobile digital products, maternal and infant toys, and fresh fruits. It has more than 45 million ordinary users and 7 million paid members, with the highest single-day sales exceeding 870 million yuan.

2. Future Market

Future Market uses big data community operations and the business school [3] training system to promote social interaction and provide user groups with a comprehensive combination of productization and content. Serve. The main product form is a mobile app, which is suitable for application scenarios in the fragmented era and links resources through social sharing. It includes fresh fruits, beauty and personal care products, maternal and infant products, daily necessities for home and other categories, meeting consumer needs in one stop. Orders can be placed on PC, mobile APP, and WeChat.

3. Miya

Miya’s predecessor, Miya Baby, is China’s first limited-time sale mall for imported maternal and infant brands. Founded in 2011 by Liu Nan, a stay-at-home mother, she hopes to create a simple, safe and interesting shopping experience for maternal and infant products. "Limited time sale of maternal and infant brands" refers to the recommendation of popular imported maternal and infant brands on the website every day, which are sold at a discount below the market price.

4. Global Self-Selection

Global Self-Selection is a social e-commerce new retail entrepreneurial platform that integrates shopping, social networking, and entrepreneurship. Product categories include beauty and skin care, department stores and home furnishings, maternal and infant products, clothing accessories, digital home appliances and snacks, etc. Global Self-Selection adopts the S2B2C model, that is, direct procurement from product manufacturing factories, direct channels from factories to consumers, the platform signs delivery agreements with manufacturers, delivers goods from the source, and saves intermediate transportation, management and warehousing costs.

10. Wukong Shopkeeper

The Wukong Shopkeeper platform under Guangzhou Water Bear Technology Co., Ltd. integrates high-quality supply chain resources to "customize production according to needs" , rapid turnover" as the mission, using the Internet and big data technology to empower the supply side; carefully selecting safe, high-quality, cost-effective products, assisting with warehousing, tracking logistics, and monitoring data throughout the process, to achieve the mission of delivering good things that 100 million people don’t know about to them.

(3) Extended reading of Puhua Capital’s investment in MEp blockchain:

The core characteristics of social e-commerce:

1. No hoarding of goods, through sharing To make money through fission, you don’t have to be responsible for after-sales, everything else will be done by the platform;

2. Platforms often set up paid membership systems, thus realizing the dual role of members as both consumers and platform promoters, selling goods Make money and save money by purchasing by yourself;

3. It is all spread through sharing in social circles, whether it is sharing posters, product link sharing, recommendation codes, recommended QR codes, etc.;
Compared with traditional The characteristics of micro-business and social e-commerce do not require the management of the backend by oneself. The funds are uniformly managed by the platform, and the platform is also responsible for consumer shopping, which solves the traditional no-management model.