Xiaoma Guohe, which specializes in TOEFL training, was abandoned by investors; the first AR company in China declared bankruptcy because the financing was not received in time; Yao Gaili announced that its business was suspended because the financing was not received; a post-90s girl who was seriously ill published a long article complaining How to get kicked out by investors within 20 days; a young man suffered a withdrawal of capital.

In his view, investing in other fields is similar to getting in touch with extracurricular knowledge in advance. It is very necessary, and it may be used at any time.Because apart from being an actor, Nicky Wu is also a businessman.

Later, everyone began to imitate this model.A few years ago, everyone thought that Korean artists were popular with the public, but no one expected the emergence of the "Korean Restriction Order".Recently, Nicky Wu accepted an exclusive interview with Entertainment Capital, he repeatedly mentioned: “I am an entrepreneur, not an investor.

"Generally speaking, the logic of many celebrities is that they want to eat the fruit, but they don't have to plant trees themselves.If there is a problem, you can only see the problem on the financial statement, but these data can be falsified

Liu Xianmin: Netcom is actually a B2B business. Its source of funds is advertisers or even platforms. In the case of large-scale production and large investment, payment may not be an appropriate way to recover investment.

The third constellation reality show "The Strongest Star Wars" cooperates with Youku in the PGC mode. Youku suggested that I put the show in the membership library for payment, and then share the bill.Similarly, for many business models that rely on free users to generate online marketing and hope to quickly seize market size in the early stages of entrepreneurship, the above coefficients are also not applicable.

Let’s talk about the perspective first: The probability of successfully realizing Series B financing is 10% after signing the oldschool investment term sheet; after signing the #powerlaw investment term sheet, the probability of getting Series B financing is 10%; After signing the #downtoearth term sheet, the probability of receiving Series B financing is 70%; VC Oldschool (low valuation): After the seed round and additional dilution of the Series A round, our founders will probably be able to hold a stake in the company About 40% of the equity, the reason for saying this is entirely because the valuation is too low.Now, let's forget about this hypothetical example of the SaSSy company.

I've met with at least three companies in the past six months that we at the venture capital firm would have happily signed on to invest in if they hadn't raised at such high valuations before.Once this situation occurs, it is called “DownRounds”.