VCPowerless’s view is that the valuation is based on the company’s status two years later. Of course, everything in the business plan must be executed to perfection.

This information is easy to verify within the company, even if you are not in a key department, such as whether your company has surpassed its peers in terms of product, technology, operation, channel, sales and cost control. If not, the gross profit margin will suddenly increase strangely There must be something wrong.Another example is DJI. You may have a strong sense of honor and pride in such a company, but still the same sentence, your time cost and opportunity cost are very high. How many companies did flight control and drones in 2006? ? How many died? How many became DJI? Everyone can see it.

There are many similar data, so I won't list them here.Many O2O or sharing concepts are not afraid of losing money in the market. If one day, they suddenly emphasize profitability, it means that the company has the consideration of optimizing financial statements. This is not mainly for fooling investors, but for listing. The company can't raise money, can't burn down, and has to save itself. This is up to you to judge.The current situation is very clear. Didi can only compete with taxis in a small and limited market if it meets the prescribed access conditions.

The same is true of Xiaomi. Everyone knows that Xiaomi mobile phones had a first-mover advantage at the beginning. When it launched mature smartphones, there were no domestic competitors. It is the number one shipment of domestic mobile phones, and it is always the sales champion of Tmall and JD.com on Double Eleven.The characteristic of the C round is that the expectations of the founding team and investors have all increased, and the company will undergo major changes in management. It is gradually revealed at this stage, so unless you have special qualifications and background, the cost and price of joining the battlefield at this time are very high.

Sixth, enterprises have begun to deal with some business closed loops that were previously avoided.

Fourth, suddenly a group of people in the conference room were doing audits day and night.And as we grow older, every choice we make is less easy than it was when we were young.

In the past six years, he has served as the founder of two game companies. When thinking back to the reason why he gave up the stable income of a large company and jumped into the entrepreneurial wave, Jin Zhixiong gave an unabashed answer: "I was young at the time. , Entrepreneurship is aimed at going public.The boss doesn't trust me, and I don't even have the right to recruit an engineer I like.

"After more than 4 years of starting a business, Yang Ning lost 300,000 yuan in his first venture. As a technical partner of the company in his second venture, he received a monthly salary of 10,000 yuan. Not only did he lose financial freedom, but his quality of life was reduced.Among them, meeting like-minded partners is the second most important part besides funds.