Zhu Xiaohu’s statement: Blockchain and small programs don’t matter?

Recently, at the 2018 CEO Summit of the New Economy, Zhu Xiaohu, Managing Director of Jinshajiang Venture Capital Fund, expressed his opinion, “Pro-small procedures, and away from the blockchain.”

The rapid development of the mobile Internet has driven enterprises to independently make their own apps. Although the cost of independently developing APP manpower and capital is relatively high, users can leave their data on their own platforms, then tell stories to investors and obtain venture capital. Such an entrepreneurial model was highly respected in 2013-2015.

Zhu Xiaohu’s statement: Blockchain and small programs don’t matter?

However, in the last two or three years, as the cost of obtaining customers has become higher and higher, a large number of APPs have been on the verge of stagnation or death. Subsequently, the WeChat applet was launched on January 9, 2017. The services that users can enjoy through the small program are not much different from the corporate apps they make, and the cost is low, which is very popular among merchants.

"But in the following year or so, most companies that do small programs did not produce much value. Instead, WeChat's small program jumped into a jump game, and advertised on the jump, and reached the user. Watching the marketing experience of the game while playing games. There are many multinational companies like Nike and McDonald's who advertise a jump." One executive who has also done small procedures said.

Just last week, during the 2018 CEO Summit of the New Economy, famous investor Zhu Xiaohu responded to the question of “who is optimistic about entrepreneurial trends”. He said that “the market is very hot now, there are many entrepreneurial projects, and half of them are blocks. Chain, half is a small program. Many startups this year have millions of dollars every day, and the growth rate is very fast, so the small program market is very big. I still recommend that entrepreneurs seize the small program and try to find the bonus as early as possible." Raised the industry to question.

Looking back at Zhu Xiaohu's investment history, it is not difficult to find that many of the companies that invested in it have caught up with the times and successfully cashed in, and they are able to do well in the capital market. For example, in 2011, the investment and take-out field was hungry, in 2012, the investment bank was in the field, in 2016, the bicycle was traveled too, and in 2017, the shared charging treasure small technology was invested. Now that I am hungry, I have successfully sold Alibaba, and Didi has become a unicorn in the field of travel. The return on investment of each project is very impressive. Recently, theo was sold out.

It is not difficult to find that Tencent is one of the major shareholders of Didi, even in the WeChat third-party service column, the top rankings. As an investor, it is reasonable to invest in the platform of the company. However, for the audience's question, Zhu Xiaohu is optimistic about the small program and seeing whether the blockchain chain is standing at the market or personal interests is inexplicable. After all, the blockbuster is the blockchain rather than the small program.

The meaning of drunkenness is not in wine

The recent popularity of the blockchain is obvious to all. Not only the media, investment institutions, government agencies, individuals, etc. are concerned, and it has become a topic of discussion after people have had a meal.

We separately retrieved the overall search index of the Baidu index, the blockchain and the small program for nearly 90 days. The blockchain has almost daily search index of more than 10,000, and even peaks at more than 50,000. In contrast, the daily search index for small programs is below 9000, and even at low peaks is less than 3,000. The data comparison between the two in the Baidu Index is too different, and it can be used as an important indicator for entrepreneurs to be optimistic about the blockchain or small program.

Zhu Xiaohu’s statement: Blockchain and small programs don’t matter?

Blockchain search index

Zhu Xiaohu’s statement: Blockchain and small programs don’t matter?

Small program search index

One day in late February, the fast taxi founder Chen Weixing screamed at the "three o'clock sleepless" blockchain investment group, Zhu Xiaohu, an investor in the group, Zhu Xiaohu praised the project, and then let other investors take over, through their own The celebrity effect cuts the leeks of ordinary investors and first-time traders, "especially before that they advocated theo."

Back in January 2018, it was reported that Zhu Xiaohu had emptied the shares of Ofo, but Jinshajiang Venture Capital declined to comment. At the same time, there are also media reports that Zhu Xiaohu sold the shares of ofo to Alibaba and Didi for $3 billion.

Then in March, ofo announced that it completed the E 186 round of financing of 866 million US dollars, led by Alibaba.

From the perspective of time to analyze Chen Weixing's remarks and public information about the media, it is highly probable that Zhu Xiaohu will promote the shares to Alibaba by advocating ofo.

A person who has 10 years of investment experience in the industry said to Asakusa Finance: "Perhaps for Zhu Xiaohu, it is optimistic about the blockchain or small program for entrepreneurs. Who is good for my interests, I will help anyone." Blockchain is re-fired, and there is no semi-finance relationship with Achilles. Why do you want to support entrepreneurs to lay out blockchains?"

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