April 22, the 2017 Innovation China Spring Summit Demo China was held at the Beijing National Convention Center. Star Venture Capital Partner Angel Investor Famous Host Dai Jun delivered a speech entitled "My Cross-border Investment Experience".
sharp views are as follows:
1. As a good angel, you invest all your money as spent, and don’t expect any reward. If there is a return one day, it will be an asset growth for you. If not, there will be no much money anyway.
2. For all entrepreneurs, investors should not cause too much trouble or put too much pressure on them.
is the full text of Dai Jun’s speech, compiled by Chuangyebang, I have confirmed it myself:
Hello everyone! I am Dai Jun. I'm very happy to be on the stage of this summit. After I came, I thought I had made the wrong move. Today's special session is cultural and creative. Although I came from the entertainment industry, I have been focusing on consumption upgrades in the past two years.
In 2013, I lived in the shed for about 28 days a month. In December, people were panic and the earth was about to be destroyed. I thought at the time that if the earth was not destroyed, I would start over. In the end, the earth was not destroyed, so I discussed with my agent and wanted to stop working. He said it was impossible, you were just kidding.
However, there was nothing happening on December 21st. Since January 2014, I have really stopped the show and only retained the super visit. Then, most of the time I travel abroad. Later, I began to introduce environmental protection technology.
The first startup company was established in 2014 - Dakun Technology. For example, the blue cursor system, the world's number one city in the world, our company is doing the work of debenzene and formaldehyde removal, and the technology is the latest technology I brought back from Japan and the United States.
was also during this period of time. I met a person, Wang Jiang (company commander). At that time, I thought he was very powerful, younger than me, and had a net worth of hundreds of millions. From UC to Meituan, to e-device driving, they are all projects he invested in. I asked him if I could invest in several companies, and then I could eat and drink while lying down.
He said I made coffee , do you want to invest too? I followed him and entered the Internet venture capital circle . At the beginning, you ordered foreign brands such as Starbucks, and we will deliver them. After working for a year, we have our own brand - coffee box, which was designed by Li Jing.
At present, Lian Coffee has about 100 stores in Beijing, Shanghai, Guangzhou and Shenzhen, with sales of 300,000 cups per week. This is the first company I invested in. After tasting the sweetness, it was out of control!
This product on the stage is called Family Farm - Uncle Ciao. It is a brand I came into contact with in 2015. It is easy to plant on your desk and at your home. My friend’s child grows this thing, posts on his friends circle, and interacts with his parents.
I have stopped almost all my work in the entertainment industry in the past two years. The company commander told me if I have time, and if I have time, I will go to our company to work. good! Which one works? It's the flight manager. The company commander said, it would be nice to give you a look up - Chief Art Officer, I am the CAO of the flight manager, I said this look up is a little too ugly!
After joining this company, I found that my life has changed qualitatively. We have always bought air tickets and high-speed rail tickets through the flight manager. After I went there, as the chief art officer, we cage millions of users together and change their lives.
We have made consumption upgrades, firepower travel, firepower food. I'm now thinner than before, and I've lost about ten pounds in a month. I came into contact with the company commander in Silicon Valley with geek . Even though I tried my best to eat and drink, I could still lose weight happily. In almost a month, I could lose 10 kilograms or 20 kilograms. Now we sell customers in a small scale. After this technology is mature, everyone can work with me to lose weight. Including the bosses and senior executives of the company, we were also educated by our happy weight loss. With us, the company commander and Li Weijun both lost more than 20 kilograms in two months. When we break the traditional concept, entrepreneurs do not necessarily have to be out of the way and have no image. They have a very good image now. Everyone sees that Zhou Hang has lost so much, but it is not that LeTV has been affected, but that he has lost 20 kilograms in the weight loss circle.
This is all my lifestyle investment. I hope to change our lives through high technology, including getting more hackers and geeks from the Internet.
What I want to talk about today is this product on the stage. How did this project be done? I asked my partner Xiaobo to introduce him. He was the first to be a senior executive in Italy. When he came back to start a business, he was the first to do flower art. The second one was the product on the stage.
The following is a conversation between Xiaobo, the founder of Ciao Uncle Vegetable, and Dai Jun:
I was very happy after the first chat with Teacher Dai. He took me to see the company commander. But something very embarrassing happened and was rejected by the company commander. At this time, I felt embarrassed, but I was still very lucky that Teacher Dai insisted on standing on the side of my project. I would like to ask Teacher Dai what he was feeling at that time?
Dai Jun: I can’t invest much money anyway, if I succeed! In fact, the company commander trained me at that time, as a good angel, you should invest all your money as spent, and don’t expect any reward. If there is a return one day, it will be an asset growth for you. If not, there will be no much money anyway.
Xiaobo: Keep the mentality of a rich man.
Dai Jun: Yes.
Xiaobo: As an entrepreneur, take every investor seriously. Teacher Dai’s kindness will never be forgotten.
Dai Jun: It is not appropriate to say such things in front of the entrepreneurial boss here. Investors just help more and cause less trouble.
Xiaobo: Because of Teacher Dai's mentality, he has also received investment from many investment institutions and has received strong support from Chuangyebang. Our products have also been full of twists and turns. In 2015, I caught up with the trend of smart hardware. I did automation myself and started to build an intelligent family farm first. But the R&D and the design have been completed, and another embarrassing problem has been encountered, which has prompted us to change direction. What is the reason? Because of the entire capital chain and the entire investment environment bring serious challenges to the products.
To solve this problem, we made a relatively light product last year. Teacher Dai was very happy to see this product. Everyone can grow vegetables very easily on the table, which is a good experience of consumption upgrading. He gave a promotional slogan: Eat the vegetables they grow once a week. This is unimaginable to many people.
From the second half of last year to this year, we have successively launched the education version of smart farms, which have achieved fully automated precision irrigation, mainly facing primary schools and kindergartens, and we have also developed related courses. The cooperation with Qu Mei this month is also due to the support of Teacher Dai. Teacher Dai’s ecosystem brings unlimited possibilities to our projects. As a listed company, Qumei Home Furnishing has 700 offline home malls across the country. This is a relatively popular new retail method and provides us with a good offline scenario. We are now entering 700 stores across the country through Qumei channel, and this volume is very large.
We have developed a plant maintenance monitor this year. Although it is very small, it can help you monitor the ecological environment data and give you a very good tip. We have also developed the Ciao Vegetable APP. If you have this APP, don’t worry about planting dead plants.
In May this year, we will also launch customized family farm products at Qumei Home. Such a large shelf, including flower pots and potted plants, forms a service solution, which can continue to provide door-to-door delivery in spring, summer, autumn and winter subscription-based methods, and also equipped with our monitor and automatic irrigation system, so everyone does not have to spend time caring for home gardening or beautiful small corners of the family.
