2012年3月22日星期四
diablo 3 power leveling VC develops quickly two years of in the past - PAL
Face close the end of the year, xiong Xiaoge and his copartner is particularly busy, sum up the success or failure that invests this year, the investment of program next year, also doing to oneself at the same time final sum up end of the year. Before christmas, IDG capital gives all and contributive person close an account cash redound, take LP of gold of investment redound foundation people send an incoming telegram to mail to them in succession, say this is the best Christmas gift that they receive. Xiong Xiaoge says jokingly even, "The santa Claus that we became them " . Rebuke Xiao Ge thinks, what the investment more of at present reflects is a management to time, when the financing, follow-up that when time energy allocates to do sequel to the project after skill investment, investment diablo 3 power leveling, "To which time paragraph should do what thing to decide ultimate success or failure. " daily of the first finance and economics: Constrictive 2011 monetary policy, low confuse depressed stock market to let many company experience appear on the market broken hair, abroad IPO progress is not great also, the chain of civilian leasehold capital that partial area stretchs tight closer more... low confused big environment took negative effect to the investment of PE/VC. To this, you how look upon? Xiong Xiaoge: The market is small when confusing, be instead when investment is best, inchoate to investment or it is into long-term fund character it is a favour absolutely, because everybody is soberer. Although money market is constrictive and potential this year,can have growing pressure to the enterprise that has invested, but the enterprise to introducing venture capital investment, the capital that invests an orgnaization can appear more important. Below this kind of circumstance, the appraise value of the enterprise is met more rational change. With respect to IDG capital, every time after financial crisis erupts, can appear an investment climax. For instance 1997 after Asian banking crisis, we invested a series of Sohu, Baidu, Tecent Internet companies that gain fame nowadays one after another. 2008 after financial crisis we also so, investment rate and amount are in add suddenly. I am met instead when economy is so stagnant very happy, because the assurance to the market will be more right now accurate, be just like what hilltop to sing what song, step on exact time place more easily to make a few investment right now. Daily: IDG is a fund that home shares culture industry earlier to invest, invest a respect in movie and TV especially, you invested Zhang Yi to seek " impression " , operatic " graph Lan Duo " , the film " the university entrance exam 1977 " , " hawkthorn cultivates love " , " snowflake secretary fan " etc, all scored a success. What experience and us do you have to share in this respect? Xiong Xiaoge: Cast the film to listen go up make a person more excited, but delivering the motion picture actually is a challenge that drops an industry to wind, because the mortality of the film wants prep above to do the mortality that wind casts far, the film is very difficult investment. But we are the investment orgnaizations that enter this field earlier, have such decision-making, ever had held the position of culture in American mainstream media besides myself the English reporter of the line, have basic judgement to this industry, outside the resource of person arteries and veins with have certain in this industry at the same time, tell from the angle of investment, I more returning is the commercial value respect from it will analyse. Work of movie and TV takes a person to look, and Chinese population is the world go up most, beyond question China also should be the market with whole world the biggest motion picture, but the market that the current situation is our home however is very small still. This has the reason of infrastructure among them, the high movie theater of domestic much office has very big difference with foreign comparing, but development rate is very rapid however, the construction speed of domestic 3D cinema is for instance OK inside 2 years reach same level with the United States. Meet in this fast development process ecbolic an a lot of investment opportunities. In the meantime, the occurrence of mobile Internet also brought the space of bigger imagination to the market, for instance website of a few video needs many film resource, and if the tradition act art, publish wait for practice and Internet number to publish union to rise, the industry future that these and film concern can have very great progress. However, to culture industrial investment cannot stare at the market of a China solely, more moment should have the view of an international market. The concept of neither one international market, this culture estate is very bad the scale with its very large make it. We invested company of American legend movie 2010, " pilfer dream space " the work that is this company, it acquired very high booking office all over the world. The first round of our combination is other fund altogether invested 80 million dollar, the 2nd round of financing also has ended now, only 10 months already had more than 2 the redound of times. Daily: It is a period that Chinese PE, VC develops quickly two years of in the past, you whether the development trend that sentences the coming year of domestic PE, VC beforehand? Xiong Xiaoge: China is in go two years PE fund grew at a draught many 3000, but those who win tall get one's own back is a small number of people certainly tera power leveling, so called " 28 law " namely the money that the fund of 20% earns 80% . According to such scale, before the likelihood 600 foundation have show quite, but the likelihood that profiteers truly is 20% 600 lis, go to again fine check the number 20% , the possibility that leave has 24 only, making investment so is the game that the small number of people plays forever. But must approbatory is, good investment project is finite after all, go a few years diablo 3 gold, many fund are taking the money of VC to make the law case of PE, appeared to fry high investment value then, immerse oneself in grab a project to bring about company estimate the value is exorbitant, investment redound drops. But these unreasonable phenomena shuffle every year as the industry, of the market mature to be able to alleviate gradually with each passing day. Its execute trade shuffle undertaking all the time, domestic PE, VC also is presenting the situation of polarization. Quickly be in harmony reachs outstanding investment firm and GP group more capital, and it is difficult that the second-class, 3 investment firms that spread lower even level are faced with financing, can maintain the current situation to close even only the awkward condition of close a business. Equity investment home is not congenial home, if investment just is staring at the market to look, staring at a rise and fall of the stock market to fall decision-making, such investment suits to make the item of Pre-IPO only, but Pre-IPO project of home is bad now to do. This year a broken hair is the company to appearing on the market year, the lock that there are 3 years after the project appears on the market is fixed, after 3 years whether coming to the money recapture of investment is not an easy thing, the fund that joins Pre-IPO project so pressure is very great now. From will for a long time look, invest or want to have long-term eye, of need is patient.