wholesale sterling silver christian jewelry Shen Nanpeng's 153 projects in 153 projects sucked 12.2 billion!

pink boxes jewelry wholesale Shen Nanpeng's 153 projects in 153 projects sucked 12.2 billion!
Shen Nanpeng, born in Haining, Zhejiang in 1967, a bachelor's degree in Shanghai Jiaotong University, a master's degree in Yale University, the founder of Sequoia Capital China Fund Fund, and the founder of Ctrip Travel Network and Rujia Chain Hotel. The current chairman and director of the Chinese Entrepreneurs Forum, Chairman of the Council of Yale China, President of Tianjin Equity Investment Association, vice chairman of the Beijing Equity Investment Association, and executive vice president of Shanghai Zhejiang Chamber of Commerce.
It JD.com, Jumei Youpin launched listing, Vipshop mergers and acquisitions of Le Bee.com, and Volkswagen's comments were obtained from Tencent's strategic investment. These dazzling capital operations all have the back of Sequoia China. In the tide of mergers and acquisitions, Sequoia Capital made a lot of money. In the night, almost the entire Chinese PE industry was talking about Sequoia.
Cocats founded in the United States are known as the "king of Silicon Valley Venture Capital" and are known for Internet investment. In 2005, Sequoia Capital led by Shen Nanpeng entered China for the first time. For a long time, Shen Nanpeng lay out more in traditional industries, and his reputation in China was far less fame than Sequoia Silicon Valley headquarters. After 2010, it was the fifth year of China that Sequoia China began to lay out the Internet.
"I have been talking about Sequoia in the circle recently, but everyone is a bit excessive to Sequoia China. As far as we know, Sequoia Capital basically adopts the way of widely spreading the net in China. By 1/4, what you see is successful projects. From the perspective of Internet investment experience and investment income, there is still a small gap with Sequoia headquarters. "A Ali PE person commented. rn 　　从2005年沈南鹏带领红杉资本进入中国开始，在近十年的时间里，沈南鹏交出了怎样的答卷?rn 　　广撒网153项目，上市21家r N Weekly Reporter Reporter According to the statistics of Sequoia China ’s homepage: Four sections of Sequoia China’ s main investment: consumer goods and modern service industries, technology and media, energy and environmental protection, health industries, and other.
According to Wind data, Sequoia has invested in a total of 153 companies in China, of which 21 have been listed, and the listing rate is about 13.7%. Such investment results seem not enough to worship. The wealth management weekly report has contacted Sequoia Chinese executives and public relations several times, and has not received a specific response as of the deadline.
In further statistics from the Weekly Report found that since entering China in 2005, Sequoia China Fund has invested 186 times, involving 153 projects, including 59 Internet software and services, and other Internet -related investment reached 49 Second, a total of 108 investment in the Internet field, accounting for 58%. Among the 21 companies that have been listed, 12 are Internet companies.
"Shen Nanpeng has invested nearly a hundred in the domestic Internet field. At present, there are so many successful investment. Now the evaluation is successful, and it is too early." A PE person who specializes in TMT investment in Shanghai said.
This from the traditional industry to the Internet
Among them, for a long time, Sequoia Capital's investment in China.
It for the specific projects invested by Sequoia China in the past 10 years, it can be divided into watershed in 2010. In 2006 and 2007, the frequency of Investment in Sequoia China increased significantly, 27 and 30 times, but the Internet software and services accounted for only 4 times. Others are mostly traditional industries. In the next two years, the frequency of investment dropped sharply, with 16 and 8 times. The investment in Internet software and services was further reduced to a total of 4 times. At that time, Sequoia even began to invest in the real estate field, and was involved in the field of education services. At this point, Sequoia China seems to run counter to the headquarters of Sequoia.
In 2010, the proportion of Internet investment has gradually expanded, and it seems to have begun to return to the right track of Sequoia. According to the data of the Weekly Report (Sina Weibo@根据 根据 根据, WeChat public platform Money-Week) statistics statistics show that in 2010 and 2011, Sequoia China suddenly increased its investment, with investment frequency 33 and 37 respectively, reaching reached The historical peak, among which the Internet software and service industry have invested as high as 33 times, occupying half of the Jiangshan Mountains invested in two years. Even in the investment in other industries, most of the Internet, such as Internet retail, application software, home entertainment software, etc.
The influence of the macro environment in 2012. Sequoia China has invested in only 8 projects, of which 6 are related to the Internet. In 2013, it invested 19 times in 2013. The proportion of the Internet still occupies first.
If investment logic from traditional industries to the Internet industry was explained by Shen Nanpeng, "What we have done is to find the new demand brought by personal consumption improvement under the growth of China's GDP. It was mature as early as decades ago. Sequoia can only focus on the development of science and technology, but in China, in addition to technological changes, the development of the consumer market itself is also a huge opportunity. " Its interpretation is that Sequoia has taken the opportunity to doctrification in China. After all, for foreign PEs entering a new market, performance is king.
The 9 -year crazy suction of 12.2 billion in China
According to public information, Sequoia China team currently manages about $ 2 billion overseas funds and nearly 4 billion yuan of domestic funds. Growing enterprise.
Since entering China in 2005, according to Wind data, Sequoia China has managed 12 funds, of which the most issued in 2010, reaching 4 funds, and so far two have not been raised, namely Zhuhai Hong The Sugi Fund and Wuxi Sequonia Hangye Fund raised the scale of 1 billion yuan and 798 million, respectively.
In general, Sequoia China ’s raised capital quota is below 1 billion, and the largest one is the Tianjin Sequoia Julician Fund with a raised capital of up to 2.05 billion yuan, and finally raised to 2.6 billion. Since September 2012, Sequoia China has not raised new funds. So far, Sequoia China has a total of 7.838 billion management funds.
, how much does Sequoia Capital have made in China since entering China?
It's withdrawal channels, Sequoia mainly exits through mergers and acquisitions and listing. Among the 153 investment projects of Sequoia China, 21 have been listed in the United States, Hong Kong, the Mainland and other places. The investment income of these 21 listed projects is calculated one by one. It is found that Sequoia China has only 21 listed projects with a total investment of about 12.2 billion yuan.
, the cost and labor cost of various failure projects during the negligence period are not available. Sequoia China has returned 12.2 billion yuan in the 9 -year -old 21 project, which is only 1.93 billion US dollars. Wan dollars have received a profit of nearly $ 3 billion in a single order. There is still a long way to go by the gap between the answers from the Sequoia China team and the Sequoia.
The projects with the most profitable profits of Sequoia are Qihoo 360 and Vipshop, with net profit of US $ 498 million and US $ 237 million, respectively.
Qihoo's prospectus shows that Sequoia invested 66 million US dollars to Qihoo in 2006, at the time of 50 cents per share. In November 2006, it invested $ 1 million in investment in the second round of investment, 66 cents per share. Qihoo's 360 -day listed stock price reached $ 34, Sequoia held 8.5%, worth $ 505 million. From this calculation, Sequoia's $ 7 million investment has received 72 times the return in five years, earning $ 498 million.
In 2010, Sequoia began to invest in Vipshop with a capital injection of 35 million US dollars and a net income of 237 million US dollars. Although the book income is not comparable to Qihoo 360, Sequoia Capital is the leader behind the scenes. The three of the nets and Jumei Pin fed up and cleverly arranged to collect the maximum profit.
of course, Sequoia China has also invested a lot of failed companies. Sequoia Capital's first listing project in China, Asian Media, was not good at it. Although it was successfully listed and obtained 7 times the income, it was forced to be delisted for a scandal of funds one year later. In addition, the unsatisfactory performance of McCarin has led to a junk stock in the capital market.