(Original title: Artificial intelligence investment should be shot in "darkness before dawn")
Jiang Xuan
Early investment in the field of artificial intelligence, when it comes to entering the market, is often a difficult point.
“We have a saying on the investment strategy of artificial intelligence. We invest in the darkness before the dawn. We value the technical scene and time nodes. This technology application needs to be able to activate a huge potential scene value in the shortest possible time. The next radiation effect.†Recently, at the NetEase Future Technology Summit, Gao Xinxin, the founding partner of Menchaoxing, said in an exclusive interview with the First Financial Reporter. The founding team of Gate Ventures all came from Microsoft Venture Capital's original Chinese team.
"Value reflects the beginning of enterprise-level applications"
What are the things that can be wagered today? Can solve the core requirements in specific industry scenarios, the team is good, the data quality is good, the activation scenario can be verified within two years, at the same time, the user's trial cost will not be too much, at the enterprise level Everyone is willing to try it now. After verification, it is easy to promote. In a word, it is “see five years, three years, and do one or two years.â€
Because of the many years of corporate and technical background, the team will be used to thinking about the value of a new technology, rather than the perspective of the consumer.
"The path of artificial intelligence's technical verification value must start at the enterprise level and extend to the consumer level. Early application of enterprise level is very important for the development and promotion of new technologies." Gao Xinxin said.
From this perspective, the door has invested in a series of artificial intelligence applications in medical, financial, transportation and other areas. These projects are often part of the entire industry chain.
Gao Xinxin believes that an optimistic trend is about to be activated and there are many signs that can be seen. For example, "all the big crocodile are starting to enter the court" is one kind. For example, in the field of autopilot, all giants have invested heavily, which means that auto-piloting must be the trend in the future, but there will be a long way to go during this period. Each fund chooses to enter the venue differently. For the gates, the first thing to do is to select the talents of the first echelon to bet, which means that the team has the ability to innovate in technology while possessing industry experience and landing commercial value.
The talent of the first echelon is also the focus of the giants' competition. In the field of artificial intelligence, the collision between the startup company and the giant has reached an unprecedented situation.
However, Gao Xinxin believes that the relationship between start-ups and giants will certainly be benign and interactive rather than simple. Now we can see the field of innovative technology, giants will certainly enter the market. However, with the verticalization and subdivision of user needs, all solutions must be vertical, so giants and startups will certainly join forces to form an innovative ecological alliance.
"Entrepreneurship raises the standard for an echelon"
From a global perspective, the valuation of artificial intelligence startups is rapidly rising. This is also a challenge for some funds that focus on investment in the technology sector, especially for newly established funds.
Following the end of last year, Face++ completed more than 100 million U.S. dollars of B+ round of financing. In the past week, Shangtang Technology also announced a US$410 million Series B round of financing. The valuation of the entire industry has risen. There have been the heads of some other funds who told reporters that many star projects have no way to talk about prices, and they can only carry money into the country.
However, Gao Xinxin believes that from the fund's point of view, the valuation is also expensive because today's real good investors have become higher standards for the first echelon, and one-dimensional technical capital is insufficient to support a startup's high valuation. The foundation requires that a team not only have technical skills, but also understand the industry to understand the scene. In the fight time and speed, cross-border capabilities are very important. Again, depending on how quickly the team gets users, this is execution.
“This means that entrepreneurial and investment institutions in areas of technological innovation such as artificial intelligence are all chosen in less than 1% of the proportion. Will they be missed and will they be misplaced? We can only use the best perspective to maximize In this percentage, we will choose.†Gao Xinxin said.
Universal Vacuum Cleaner Ac Motor
Universal Vacuum Cleaner Ac Motor,Ac Motor Vacuum Cleaner,Ac Motor For Vacuum Cleaner,Mini Vacuum Cleaner Motor
Zhoushan Chenguang Electric Appliance Co., Ltd. , https://www.vacuum-cleaner-motors.com