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Chapter 203 Business 1.0

It is precisely because of the deep understanding of the industry, the precise grasp of the team, and the keen intuition about business laws that the castle has gradually gained popularity in a small range.

As long as it is in the smart hardware circle and as long as the technology reaches a certain level, we have basically heard of the castle. Everyone knows that this VC company has very in-depth research in the field of smart hardware, and the suggestions given are extremely pertinent and insightful.

As the castle's business gradually expands and invests in more and more projects in the field of smart hardware, people in the industry have gradually discovered that the castle's investment is quite accurate. Almost as long as the castle invests in the project, more than 80% of the projects can be successfully obtained.

Once or twice, you will think that you are lucky. When the success of investment is constantly copied and success again and again, the feeling that people only have shocked. After all, the VC business is very considering people's vision. Without a deep understanding of the industry and understanding of people, it is difficult to do a good job in this business.

The castle quietly entered the field of smart hardware, but its own achievements gradually highlighted it and gradually attracted the attention of everyone.

Every time Castle successfully invests in a project, it is a proof of its own brand and a strengthening of its popularity. Castle, a low-key company, has gradually become well-known through word of mouth in the circle of smart hardware.

Especially for those who are interested in starting a business or are starting a business, castles have gradually become a point of view in a sense. Those who have enough confidence in their projects' technology and confidence in themselves are often willing to come to the door and let the castle judge.

If the castle likes their project, then they will be at least 80% sure of their success, which is absolutely exciting. If the castle does not like it, then the suggestions given by the castle are also very valuable. As long as targeted adjustments are made, they can invisibly increase a considerable success rate.

Castle slowly establishes its own brand in the field of smart hardware venture capital, and the accumulation effect gradually forms, and some interesting things will happen at this time.

For example, some entrepreneurial projects, once they are confirmed to pass the castle review and believe that the project success rate meets the standards, the project will immediately double its value.

If a project is worth 5 million euros and plans to transfer 15 shares to get 750,000 euros of angel investment from the castle, then as long as it passes the castle's review, many investment funds will immediately emerge to prepare to intercept them, and they will even overpay the investment. They are willing to invest 2 million or even 3 million euros in exchange for 15 shares. When encountering truly good projects, these fund companies are often willing to pay a greater price, even if the premium is ten times.

In the field of venture capital, as long as the project is successful, the returns of VC are quite amazing. Several times, or more than ten times are the lowest returns. Good projects can even soar to hundreds of times or even thousands of times. Often, hundreds of thousands of investments in the early stage can be worth hundreds of millions of dollars in the later stage.

Therefore, as long as the project can be guaranteed to be successful, VC will never be in need of paying the price. If there is no risk of investment failure, then VC will definitely be the best business in the world, no doubt about it.

Originally, the success rate of venture capital was very low, and it was normal to be less than 10. Now a castle suddenly emerged to increase this success rate to around 80. So as long as you keep up with the castle, follow up and even intercept the bully, this is almost a business that will make a profit without losing money!

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