Chapter Forty-Four: American Sequoia, Chinese Green Grapefruit (Ask for Recommendation Votes!)

It's just that the ideal is beautiful, the reality is skinny, and now let alone pressing on an outlet, there are not even many projects worth letting Zhou Kun bet on.

Of course, you can't blame anyone, a start-up, before it becomes famous, even if you go to other entrepreneurs and say that you want to invest in him, people should also consider whether you are a liar.

You can't let Zhou Kun take out his account balance and show it to others one by one, look, I have money!

I'm not a liar!

I really have the ability to make money!

That picture is so beautiful, it's quite a ghost animal when you think about it.

Besides, the slightly high-quality projects on the market have actually been stared at for a long time, and countless people are still not allowed to wave checks and put them in.

At this time, the founder's consideration is not whether he can raise funds, but whose money he wants to take and how much is appropriate.

It is unacceptable for an ambitious founder to simply have money but no resources to integrate.

So Zhou Kun's current situation is really embarrassing, others don't look down on his money for good projects, and Zhou Kun has no interest in investing in bad projects.

Recently, the company has received dozens of BPs (business plans) from entrepreneurs, but very few of them can pass the first layer of screening, let alone make people shine.

But think about it, now the company's publicity and distribution channels rely on several venture capital circles WeChat public accounts and some other platforms of self-media advertising, through which the quality of traffic can be imagined.

Most of them are fledgling college students, very young.

Everyone has a low eye, and they all want to change the world, one million is not too little, and ten million is not too little.

But if you really give them the money, it is estimated that you will be used to spend all day and drink immediately.

So all those projects were shot.

Now this project is still a vice president of Zhou Kun's senior who came out to start a business and advertised in the circle of friends.

In fact, the reason why the alumni circle is important is that there can be a little more possibility at this time, and everyone is born from the same school and has a natural sense of closeness.

And most of the elite schools that can be entered are not mediocre people, so why not make friends if there is no conflict of interest.

Of course, the premise of all this is that both sides must have the basis of equal exchanges, so that the mutually beneficial relationship can be more long-term, and it is difficult to maintain an unequal relationship.

Nowadays, it happens that one side has a project that lacks money, and the other side lacks a project that has money, and the so-called dry firewood burns at the touch of a button.

The senior's surname is Qian, and his name is Qian Xin. He has a bachelor's degree from PBC Vocational and Technical College, a Ph.D. in statistics from the University of Washington, and has achieved a high T7 level after working at Baidu for five years after graduation.

You must know that this level is not something that any technical backbone can do at Baidu, and the average annual salary of this level is as high as 60w RMB, and counting the options of stocks, it is enough to be called a gold collar.

It can be said that his resume is unusually dazzling, a first-class elite.

However, because the struggle within the company after Baidu changed its president was too serious, most of the middle and senior management were focused on standing in line and fighting.

For the artificial intelligence and unmanned driving vigorously promoted by the new president Mr. Lu, they are all in a state of yin and yang.

This is really hard to endure for a person who wants to do things.

When you need other departments to coordinate resources, they will give you an official tone, if it is not a faction, and even drag you back, how can this not be depressing?

In addition, I heard about the rumors and movements among some high-level officials, it seems that Mr. Lu also intends to resign, and his life is not better when the boss leaves, so Qian Xin simply jumped out and did it himself.

So there is also a story of advertising in the circle of friends to ask for money and then hooking up with Zhou Kun, what he wants to do is the algorithm optimization of the unmanned visual high-precision map.

The so-called high-precision map is a broad concept, which needs to achieve two aspects of high precision, namely the high accuracy of the landmark location and the high accuracy of the positioning of the car.

High-precision maps are an extension and enhancement of vision, which is a must for unmanned driving.

Once you have lane-level positioning and real-time traffic updates from HD maps, you can slow down and change to a non-crash lane in advance to avoid accidents.

For example, through vision, we can identify the current lane, through high-precision map positioning, we can also know the current lane, two different ways to verify each other, can achieve higher safety.

In summary, high-precision maps can enable unmanned vehicles to see farther and more accurately.

Therefore, the value of high-precision maps for the research and development of the overall solution for autonomous driving is very high, and if it can be effectively optimized, Qian Xin's project is naturally very promising.

It's just that because of leaving a big platform like Baidu, the resources and data at hand are too little, and if there is no data, no matter how good the algorithm is, it is useless.

Therefore, Qian Xin can only do some experiments through some open source data first, and then see if he can obtain some relevant resources through investors.

After all, when I worked at Baidu before, I had accumulated a lot of experience, and I also had some ideas of my own in this regard, but I just left the company before I could implement the ideas.

But because there is no physical argument after all, it is just empty words, although some other institutions have also noticed Qian Xin, but they have only put it into the list of observations and contacts, and are not in a hurry to invest.

For them, a company that has made results and is valued at hundreds of millions is much more cost-effective than a company that has not yet made results with a valuation of tens of millions.

What they need is certainty, and Zhou Kun doesn't care, as long as it is not a project of people who are purely cheating money and is indeed doing practical things, he is willing to invest.

Therefore, as a financial investor, he invested 2 million yuan in Qian Xin, and the conditions given were also very generous, as long as he had 20% of the equity, and promised to act in agreement with him.

Zhou Kun is not concerned about the benefits brought by the increase in equity value after the results of the project, but hopes to expand his influence.

Imagine how much control he would have if he could have his own tentacles on almost all tracks like Sequoia Capital.

Ma Huateng once complained in public: "You can meet redwoods everywhere you go." ”

This is actually very normal, take Sequoia China's invested projects include JD Mall, Alibaba, Ant Financial, JD Finance, Toutiao, Mobike, Eleme, Didi Chuxing, iQiyi, Weilai Automobile, Sina, 360, Vipshop, Pinduoduo, Kuaishou, Guazi/Chehaoduo, Jiuxian.com, BGI, Betta Pharmaceutical, Noah Fortune, ZTO Express, WuXi Biologics, Zhongman Petroleum, DJI, WM Motor, Yunmanman & Truck Gang, Hero Entertainment, Ucommune, Betta

........

There are many, many more, each of which is a familiar name, and each is a unicorn in the industry.

Zhou Kun's goal is to create another sequoia and achieve the realm of American sequoia and Chinese green pomelo.

At that time, it will be the turn of others to complain: "You can see the grapefruit everywhere you go." ”