Recently，At Wuzhen Internet International Convention and Exhibition Center，The forum with the theme of "Venture Investment and Internet 188bet online casino games Development: The Next Trend" was successfully held。

On the forum，Global Managing Partner of Sequoia Capital、Mr. Shen Nanpeng, founding and managing partner of Sequoia Capital China Fund, spoke on the theme of "Venture Capital Driven and Internet 188bet online casino games Transformation"，gave a keynote speech。He said，Following the Internet、Mobile Internet Wave，We have entered the era of intelligence again。In the era of intelligence，Venture investment has played a more important role in industrial development，Good capital must not be purely financial investors，But a strategic investor，The best investors should be those who understand the 188bet online casino games。

Shen Nanpeng pointed out，“Today’s 188bet online casino games segmentation is becoming more and more important，In each segment，As an investor, you must become an expert in this 188bet online casino games，Become an investor who can truly help entrepreneurs。If you don’t have such an industrial background，There is no way to have a comprehensive layout and perspective on the 188bet online casino games，Such investors cannot really help entrepreneurs complete their strategic mission。This strategic perspective is a must-have quality for every good investor。”

"Today，It is difficult to distinguish startups from Chinese ones、US Business，Still an Indian company。Many companies have already made globalization an important focus on the first day，188bet online casino games globalization is not only about its own product design and marketing capabilities，What’s more important is the globalization of entrepreneurial vision。” Shen Nanpeng said，“We often hear copy to china or copy from China，In fact, these are not accurate，Really speaking，Entrepreneurs everywhere should learn from other countries、Learn from experience，At the same time, create products suitable for the local area based on the special local conditions，So there is no copy，It is a process of continuous learning。”

Record of 188bet online casino games’s speech

Dear leaders and distinguished guests, 188bet online casino games afternoon!

It is an honor to be at this year’s Internet Conference，Sequoia Capital China Fund can serve as a co-organizer，Guidance from the Planning and Finance Bureau of the Cyberspace Administration of China、Under overall planning，With the Torch High-tech 188bet online casino games Development Center of the Ministry of Science and Technology、Two organizers of China Internet Fund jointly organized today’s “Venture Investment and Internet 188bet online casino games Development” forum。

Everyone knows，Venture capital and information technology have an indissoluble bond。Everyone knows，Silicon Valley became the open source base of the U.S. information 188bet online casino games more than 40 years ago，In the development process of technology entrepreneurship in Silicon Valley，The role of capital has always been played by venture capital。In fact，Venture investment is also rooted here。Since the early 1970s，A group of venture capital companies represented by Sequoia Capital，Supported a number of outstanding Silicon Valley semiconductor 188bet online casino games and PC 188bet online casino games companies。

In the mainframe era，Sequoia invested in Apple Computer，Later, network equipment companies such as Cisco were cultivated；When the Internet Era Comes，Sequoia successfully invested in Google again、LinkedIn、Airbnb、Whatsapp and other world-renowned internet companies。China is no exception，China’s information 188bet online casino games innovation began in the Internet era，Whether it is AsiaInfo, which is engaged in infrastructure construction in the communications 188bet online casino games, etc.，Still like the first batch of portals，Giants like BAT, etc.，Behind them, we can see the key driving role of venture capital。Last 12 years，JD.com、Meituan、Didi，We also played a role in promoting。

Venture investment while providing financial support，Also provided a lot of help in business model changes，188bet online casino games helps innovative companies survive to the greatest extent，Survival is very important to the enterprise，Only by living can we create more and longer-term value，At the same time, these successful innovative companies have also created a demand in the market。

First，Today’s mobile Internet brings a lot of opportunities for business model innovation，The key to success for innovative business model companies lies in execution—acquisition of customers、Being able to win customers’ minds has become the focus of Internet companies。In this process，The pursuit of short-term profits is obviously not the main pursuit of Internet companies，Product differentiation，Win more by executing，So venture capital plays an important role。Excellent investors choose top founders，At the same time, the founder also chooses excellent investors，This two-way interaction，Joint achievement is a scenario that occurs in the growth process of many companies。Innovative changes in business models require capital to promote them over a long period of time，In this way, 188bet online casino games leaders can stand out，And achieve survival of the fittest in the market。

Secondly，We also saw a trend today，That is, more and more innovation and entrepreneurship are black technologies、Hard technology driver，And this means long-term investment and accumulation in technology。In this process，Venture 188bet online casino games can play a more important role，To promote technological innovation and product transformation，Because a large amount of R&D investment is the guarantee of the company’s long-term competitiveness，Things that often need to be done，It is to commercialize scientific research results in laboratories and schools through reasonable methods、Commercialization，The role of venture 188bet online casino games is almost indispensable。Technology in many new fields，In the smart era, the research and development cycle is often longer than in the Internet era，Requires software and hardware integration，For example, autonomous driving。In long cycles，Venture 188bet online casino games has a long-term view，At the same time, there are sufficient strategic resources，Play an important role in helping entrepreneurs transform their products，Helping entrepreneurs realize their entrepreneurial dreams。

Now，Following the Internet、Mobile Internet Wave，We have entered the era of intelligence again。In the era of intelligence，Venture investment has played a more important role in industrial development，A good 188bet online casino games has the following characteristics:

First，Venture investment must take a long-term view of the enterprise "think long term"，Be able to have a long-term perspective on the development of the enterprise。Instead of short-term arbitrage ideas，This aspect of venture 188bet online casino games companies is indeed very different from previous private equity。In the era of intelligence, many companies will go through a very long development stage，Whether it was Alibaba before or JD Meituan later, etc.。In the development process, there will be many iterations and updates of several products，This requires patience、Investors and entrepreneurs with a long-term perspective have walked together。For a long time，The pursuit of profit is not the main purpose of the company，Occupying the market while continuously creating new product areas is what the company should really focus on。

Secondly，In the era of intelligence，Good capital must not be purely financial investors，But a strategic investor，The best investors should be those who understand the 188bet online casino games。Today’s 188bet online casino games segmentation is becoming more and more important，In each segment，As an investor, you must become an expert in this 188bet online casino games，Become an investor who can truly help entrepreneurs。If you don’t have such an industrial background，There is no way to have a comprehensive layout and perspective on the 188bet online casino games，Such investors cannot really help entrepreneurs complete their strategic mission。This strategic perspective is a must-have quality for every good investor。

Third，A good 188bet online casino games or investor should have an international perspective，Must be an international investor，This can help the company achieve internationalization。Today，It is difficult to distinguish startups from Chinese ones、US Business，Still an Indian company。Many companies have already made globalization an important focus on the first day，This globalization is not only his product design and marketing capabilities，What’s more important is the globalization of his entrepreneurial vision。Meanwhile，Also we often hear copy to china or copy from China，In fact, these are not accurate，Really speaking，Entrepreneurs everywhere should learn from other countries、Learn from experience，At the same time, create products suitable for the local area based on the special local conditions，So there is no copy，It is a process of continuous learning。

In such a new intelligent era，Strong venture capital，Will inevitably become an important force in financial support for the real economy。The report of the 19th National Congress of the Communist Party of China proposed that socialist development has entered a new era，my country’s economy has shifted from a stage of rapid growth to a stage of high-quality development。The new development stage provides more information industries with Chinese characteristics、Development opportunities of the Internet 188bet online casino games，And venture capital is accelerating the construction of the real economy、In the process of technological innovation，will also play a more important role。Finance has always been considered a virtual economy，But at the same time, there is a part of finance that is indispensable to the entire real economy，Venture investment is the closest to the real economy among financial services。Venture investment can truly bridge the relationship between 188bet online casino games and finance，And promote the coordinated development of scientific and technological innovation transformation and human resources，Promote quality changes in economic development、Efficiency Change、Powerful Change。Such venture capital，It can also really help value creation，The core strength of excellent products。

*Source of 188bet online casino games article: WeChatPublic account "Zheshangdao”（ID: zheshangdao），Original title: "Shen Nanpeng: Only by understanding the 188bet online casino games can we be a good investor 》.