After listening to Xiong Xiaoge's question, Chen Yi recalled the specific information about IDG in his mind.
IDG - International Data Group of the United States is the world's largest information technology publishing, research, exhibition and venture capital company.
IDG Group was founded in 1964 and is headquartered in Boston, USA. It uses modern information processing and transmission methods such as email, databases, telex and online services to establish a fast and comprehensive global information network.
However, the source of IDG's investment funds basically comes from the profits generated from its IT media investments in China. Due to foreign exchange controls and other reasons, these profits cannot go out of the country, so they can only then invest them in China. to other projects in the country.
This is also the difference between IDG and other large venture capital funds - most of the latter adopt private partnerships and mainly rely on private equity to fund themselves.
IDG's investment principles are as follows: Generally, it will enter during the first round of financing, and will not choose the middle or later stages, unless it is a project invested by IDG itself in the early stage.
IDG generally does not pay too much attention to the normal operation and management of target companies, which may be related to the small amount of money it invests.
However, despite this, due to its early intervention, IDG often appeared as the leader of venture capital and became well-known in the industry.
Of course, the last two paragraphs are just how the relevant media introduced it. We don’t know what the real situation is. Anyway, IDG’s public relations are very powerful.
Here Ma Latang said calmly: "I understand, your company is indeed rich in funds, and many of the companies it has invested in are now famous in the world."
Xiong Xiaoge's assistant followed Ma Latang's words and continued: "IDG America has good relations with many companies in the IT industry. We can introduce them to you. This will be very beneficial to your future development."
Chen Yi glanced sideways at his assistant. This action made Xiong Xiaoge feel embarrassed and he sighed inwardly.
These words are indeed inappropriate. We are all thousand-year-old foxes, so why are we talking about chatting with each other?
For example, two venture capitalists found a startup company, one invested one million, but the other said I only invested 500,000, but I can introduce you to pony horse, which would not be considered by ordinary entrepreneurs. Choose the second one directly in one second.
But what if this entrepreneurial company was started by Principal Wang "without a penny from his family"?
That would be embarrassing.
Besides, this is just a word game played by venture capital on entrepreneurs. What about introducing you to channels and helping you with publicity? They are all nice words. At most, they can introduce a few entrepreneurs who have invested some time ago so that everyone can get to know each other. Even so, there is no guarantee that cooperation can be achieved.
Of course, for a weird start-up company like DOA, which is not short of money and has a strong backing, if Xiong Xiaoge really makes a similar promise, he will not break his promise.
But do the three DOA people still need him to introduce their connections?
Therefore, Xiong Xiaoge's assistant may have been quick to speak out what he said to those grassroots entrepreneurs.
After Chen Yi glanced sideways, he just said lightly: "Young man, I think you don't know how simple and boring the lives of rich people are.
If you were my employee, I would send you to Heizhou tomorrow. "
The assistant's face suddenly turned pale. Not only Xiong Xiaoge, but also Ma Latang and Hu Zhiyong's mouth corners twitched.
Can we still have a good talk?
Can’t we not mention Heizhou? !
Hu Zhiyong quickly smoothed things over, "Ahem, Mr. Xiong, as you can see, we don't lack money or channels, so..."
After Xiong Xiaoge heard this, his expression became Buddhist.
What do VCs hate most about entrepreneurs?
It is enough to say that there is no shortage of money.
No matter how much value a startup company creates, it is all due to the individual efforts of the entrepreneur, and venture capital only accelerates the pace of corporate growth. In the final analysis, for ordinary entrepreneurs, the most useful thing about venture capital is their money.
As for the connections and channels of venture capital investors with overseas backgrounds, they are all well-established domestically by a certain alien named Ma, but are completely blank abroad. This type of entrepreneur needs to consider.
So Xiong Xiaoge is sitting on the wax now.
You said you're not short of money, how the hell do you want me to answer the call?
Do any of you talk about numbers like this?
Thinking of this, Xiong Xiaoge thought that it would be impossible if he didn't come up with something real, so he said to the three of them: "Three of you, I know that you are not short of money, and you are not short of channels in Asia, and there are even many in Europe. relation.
In fact, I came to you because I found that your products have been released in Asia and have been well received. They have even slowly expanded to Europe, but they have missed the United States.
I think this is because you lack channels in the United States. With the energy of our IDG in the United States, this is a perfect match.
You know, Silicon Valley in the United States represents the mainstream of IT development in the world. If the products of global IT companies are not released in the United States, people will always feel that they are inferior. "
Chen Yi looked at Xiong Xiaoge playfully, "Are you threatening us?"
Xiong Xiaoge was really shocked after hearing this.
God is so threatening!
What the hell is your brain circuit like? !
What I'm talking about is just an "axiom" recognized by everyone in the current Blue Star IT world. How did it become a threat?
At the same time, Chen Yi also figured out why this group of venture capital investors came to DOA. It turned out that it was because DOA had not planted its flag in the United States, and a group of people felt that their opportunity had come!
The United States is indeed the weak link in the new world, which is also related to the fact that Chen Yi did not have the intention to plant a flag in the United States from the beginning.
The technological progress of this plane is advancing very fast. In another six or seven years, it is estimated that we will reach the mobile Internet era.
At the same time, it was also an era when China and the United States began to become openly at war with each other.
Therefore, Chen Yi decided that instead of waiting to be sanctioned, it would be better to pretend that the American market does not exist from the beginning and sell things through dealers and agents.
Even if some European countries want to sanction some companies under Chen Yi's name, he can counterattack and finally reach an agreement, but there is really nothing he can do in the United States.
But the United States is now the boss. According to Western thinking, the boss and the second child must have a life-or-death relationship. There is no such thing as peaceful replacement.
Expect some people or certain consortiums in the United States to be duplicitous and help Chen Yi resist the pressure of other consortiums?
hehe.
It's okay to work together occasionally to do small business, but if you want to become allies and advance and retreat together, it's better to just go to bed.
From the perspective of those consortiums, this is a matter of principle and cannot be discussed at all.
Ma Latang just said one thing to Xiong Xiaoge: "Mr. Xiong, if, I mean if, the US government will impose sanctions on us one day, can your IDG solve it?"
boom--
The assistant still had a confused expression, but Xiong Xiaoge's expression became more Buddhist-like at this time, and the ice in his heart solidified another three feet, and at the same time there was an explosion in his head.
He wriggled his lips and wanted to speak in the affirmative, but after struggling for a long time, he still couldn't say anything.
After all, he is a Chinese and has stayed in the United States for so many years. He knows the subtext of Malatang very well.
If he was not Chinese, he would definitely have agreed without saying anything. As for what happens in the future, wouldn’t it be the end if he didn’t uphold martial ethics?
Even if this clause is written in the contract, there are many ways to solve it. Anyway, they have made money. What does it matter if they are scolded a few times at most?
Isn’t it enough just to make money?
As for DOA and even the revenge of the New World?
The camp has been determined early on, so are you still worried about possible retaliation?
Isn't that inevitable? The most you can do is prepare in advance.
But again, Xiong Xiaoge is a Chinese, and in the eyes of outsiders, he is a successful person who returned from studying in the United States.
But in the eyes of outsiders, successful people like him are different from those shepherd dogs. In other words, successful people like him who have studied abroad in the United States and started a successful career all understand.
The air in America is not sweet.