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Friday, June 24, 2011

Investment, entrepreneurship, both are mistaken Tong Li transboundary venture constant knowledge network

        Tong Li's first identity, is a constant knowledge network (www.hengzhi.cc), founder and CEO.
If you happen to know that LinkedIn, perhaps more easily understood to be a constant knowledge network with similar business SNS website.

his second identity, capital is the origin (Origin Capital), founding managing partner. This is an Internet-focused seed stage dollars, Renminbi mixed fund.

between his two identities are not isolated, the original capital is one of constant hownet introduced angel investors. Founded their own fund investment company, constant known are not isolated cases. Two other projects of the Fund investment, jiexin technology and Internet communications are founded by Tong Li first two venture capital company.

“ money Fund, is the common out of myself and several angel investors. &Amp;rdquo; Tong Li said those “ LP ” are actually good friends of his years: both know him and to understand the Internet, so gave him the money “ very reassuring ”.

constant hownet origin their demand

2006 year, Tong Li to bring capital repatriation from the origin, because “ domestic opportunities than the United States, and Canada more interesting ”.

return found a problem: because liquidity is too big, understanding friends often have one or two months to find even contacted friends, Tong Li to find like-minded loves beach volleyball was not an easy task, “ call asked, confirm ”.

This is not a human problem, Shi Jinqiang also has the same puzzle. 2007 has just been United States founded in the first group sent home long for (the First Title Real Estate), Shi Jinqiang eyes have a bunch of questions: how to get to know enough guarantees of real estate, mortgage customer base? How to get to know professionals can help your business? How to recruit the right people? Through what channels can understand a real China?

&ldquo I found business crowd that needs to be very large. &Amp;rdquo; Tong Li says, even if it is going to read a MBA or are hoping to get GoPro guidance. It turns this up, hang from know network February 2010 online, today the figure is 600,000 of its user base. They are not without frames, while social networking situation, &ldquo, but LinkedIn has been ”. In May this year the world's largest business SNS market, a market capitalisation of US $ 8.86 billion.

so the constant understand introduction of angel investment network have different things well, with the exception of origin outside the capital, Tong Li also introduced a number of other angel investors, investment in these people “ also used constant knowledge network, and other Web site &rdquo.

2003 years later, LinkedIn footsteps came a wave of domestic business SNS boom, such as the horizon, if o and later by latitude and longitude grid, advantages, and so on. But with many similar network, Tong Li refused invitation to your friends on these platforms, because “ quality and user experience is not very ideal ”: or is that too many graduate students trying to find a job, or too much insurance brokers.

snowball &ldquo of Tong Li intuition at these sites; roller wrong direction ”: early rush to flush flow, cohabitation results user group, “ or even high school students: ”. Buffett has compared the growth of the enterprise “ snowball ”: and long enough to have enough wet snow slope. Business SNS snowball's premise is to guarantee the quality of user at least.

“ and fast mode of search engines, business SNS is a slow network. &Amp;rdquo; Tong Li explains that the search engine is a universal tool, if not rapidly to do large-scale, immediately there will be a gap between the competitors. But business SNS “ &rdquo with aggregation to business professionals; communities, “ &rdquo it is a user of a natural selection.

constant know you choose another way: that original seed users group is a business professional. User feedback-Tong Li realized that the road should be on. When one day this strong to call him, thank him, &ldquo, since in constant knowledge platform, I made out of real estate business have tens of millions of RMB ”. Constant knowledge networks in the existing user base, over more than 20,000 in CEO,20 over the company top management and professionals, covering the 90% of China investment bankingFunded organizations.