IDG Technology Venture Capital Fund was established in 1992, with offices in Beijing, Shanghai, Guangzhou, Boston and Silicon Valley. As one of the first American venture capital companies to enter the China market, IDGVC Partners has become a leader in the venture capital industry in China, with a total of 800 million US dollars under management. Mainly concentrated in the Internet, communications, wireless, digital media, semiconductors and life sciences and other high-tech fields. At present, more than 100 outstanding startup companies have been invested in China, including Ctrip, Baidu, Sohu, Tencent, Kingdee, etc., and more than 30 invested companies have been listed or acquired.
One of the strong advantages of IDGVC partners is that they have established extensive contact channels with entrepreneurs in China and maintained close cooperation with them; Provide strong support for each company in the portfolio in terms of capital, experience and business relationship. IDGVC Partners has the full support of IDG and ACCEL partners, and has maintained close cooperation with China government departments. It has successively signed memorandums of investment cooperation with the Ministry of Science and Technology and the Ministry of Information Industry to cultivate and support the development of high-tech industries in China. I
IDGVC's investment in each enterprise is usually between 500,000 and 5 million dollars, and additional investment is made in the invested enterprises with good performance. IDGVC attaches great importance to the outstanding performance of enterprises in professional technology and management in investment, and provides value-added services such as management and financial consultation for the invested enterprises.
2. A local venture capital with growth potential-Weizhong Venture Capital
Weizhong Venture Capital, founded in 2004, is a venture capital enterprise founded and managed by China people. At present, Chinese mainland alone has absorbed more than 70 million dollars of overseas funds. Investment projects involve new media, information technology, new materials, financial services and many other fields.
Weizhong adheres to the investment philosophy of "business is human nature, investment is investor" and is committed to building China people's own venture capital brand. Paying attention to the value of people and teams has become the most important consideration of Weizhong investment projects.
Weizhong Investment has its own unique investment philosophy. Weizhong Investment deeply understands the difficulties of starting a business and the efforts that must be made to succeed. Therefore, we not only pay attention to the capital investment, but also pay attention to how to match the resources owned by Weizhong with the relevant conditions needed for the success of start-ups. Weizhong has invested in a series of strategic companies, which have the function of basic resources and can operate independently, and can provide the most direct resources and support for all other member enterprises. For example, Shanghai Multimedia Industrial Park Venture Co., Ltd. established by Weizhong Investment is the most suitable incubation base for start-ups. Incubators in industrial parks can not only reduce the tedious administrative examination and approval work, but also get the most favorable tax policy support; Focus Media, another new media company invested by the company, can provide advertising services for member enterprises and directly market tens of millions of white-collar workers in China. In addition, Weizhong has also invested in some innovative networks and financial services projects in China, so Weizhong can bring startups into the Weizhong family composed of many strategic partners and successful enterprises. In this big family, all enterprises support each other, share resources, form an integrated extended value chain, and jointly create the greatest commercial value.
The reasonable knowledge structure of its internal members is a reliable guarantee for its rapid development. The company has established a management team composed of professional investors, financial management experts, senior consultants, senior legal persons, information technology consultants, human resources experts and other professionals. He has worked in internationally renowned venture capital companies, consulting companies, accounting firms or law firms such as Softbank China Venture Capital, PricewaterhouseCoopers, KPMG and IBM Consulting. , to provide a number of well-known enterprises with project financing, strategic planning, financial and legal advice and other services. Through their help and management, these enterprises finally went to overseas capital markets and successfully went public.
Weizhong focuses on investing in companies that have just started or have only implemented financing once, and adopts various methods such as segmented investment, joint investment and portfolio investment. The amount of investment depends on the growth stage of the company and the evaluation value of the company. Companies actively participate in and track the management of invested enterprises, and usually want to hold more shares (generally 20%-30%) to help start-ups quickly get through the initial stage and enter the track of rapid development.
3. Experience of successful venture capital enterprises
IDG Technology Venture Capital Fund, as an overseas fund, can become an industry leader in China. In addition to its advanced management and capital operation level, more importantly, it pays attention to expanding its relationship network in China. The close relationship with the government has undoubtedly brought many conveniences to its development.
The key to the success of Weizhong investment lies in its profound investment concept and unique investment concept. Weizhong Investment can realize that venture capital is essentially not an investment in projects, but an investment in people, and the key to its investment is to maximize the value of entrepreneurs. Under the guidance of its investment philosophy, Weizhong pays attention to the construction of value network. While investing in the high-quality growth network of enterprise components, we also build a high-starting career development platform for the development of our company. "Kill two birds with one stone", the company's investment vision is slightly obvious.