Efficiently combining capital and technology will boost the deepening of China’s supply-side reforms and the transformation and upgrading of its economic structure; in the process, China’s venture capital industry will show unprecedented growth potential.
Everest invests in companies who have their own “hard core” technologies and are respectively among the best in their sub-sector.
Everest is committed to lettings investors share the growth results of great companies around the globe.
Venture capital companies are looking for entrepreneurs who start a business for their dreams.
About excellent companies
The essence of a good business is high efficiency, pursuit of excellence, and responsibility taking.
Previously, companies could go public only after they proved a success. Now companies that are likely to succeed can go public.
Excellent companies must represent the interests of the best employees.
The management of outstanding enterprises is process management: starting point + process = ending point.
The first-rate company offers products/services that others cannot; the second-rate company offers better products/services than those by others; the third-rate company offers cheaper products/services than others.
About Venture Capital
Entrepreneurs must first and foremost study how to get from “0” to “1”, and, after it, think about how to get from “1” to “100”. This set of methodologies is called entrepreneurship; however, there is basically no theoretical book that thoroughly explains the science of entrepreneurship because entrepreneurship is full of uncertainties.
Investors in venture capital must first understand entrepreneurship.
Only “long-term” money is big money.
Venture capital investment is an entrepreneurial act, not an investment act. Everest is essentially a startup, not an investment company.
The most important thing for venture capital companies to do is: to dive into the invested companies, and truly know and understand them.
As to whether investing in a business is correct, the results are buried at the beginning, and all subsequent activities are about verification.
Choose the right person among those who get it right, not the right person among a bunch of persons who get it wrong.
Only when your goods/services are so precious that you don’t want to offer them, others will dare buy them.