德州太平洋王兟只用10%资金做风险投资（Wang Hong only 10% Dezhou Pacific funds investment risk）.docVIP

德州太平洋王兟只用10%资金做风险投资（Wang Hong only 10% Dezhou Pacific funds investment risk） In April 14th the ninth session held in Shenzhen Chinese risk investment forum, said the Dezhou Pacific Groups global partner Wang Shen in how to implement the successful entrepreneurs to venture across the forum, they only have 10% of the funds invested in Asian venture capital, the remaining 90% of the funds will be placed in the growth investment, not a mature business model of the enterprise, they are not going to do the first round of investment. Wang Shen joined the Dezhou Pacific Group in 2006 May and is one of the global partners. Before joining the group, he served as general manager of the TOM group between 2000 July and 2006 January. Wang Shen: I dont think Im an entrepreneur. I was a professional manager when I was in TOM, but for six years I was interested in helping the company change. Ive been investing in Goldman Sachs for seven years before I went to TOM, so this change has come back to me. But I think change is at the core of everything. I participated in various forms of investment, especially in Asia or their own investment, fifteen years of history, the core is the most important time feeling is the most important, sometimes a good chance if you vote the wrong time, maybe five years, eight years cant earn money. Of course, I dont want to make it so mysterious, as if it were metaphysical. But I think that everything has its regularity, Chinese people talk about the Feng Shui turns, different industries have its periodicity, and the market also has its periodicity. Three years, four years in China to give you a fund company, securities company, you do not want to, today you have to spend a lot of money can not buy, so this is the time. Now talk about change, to tell the time, although today we are talking about the risk of venture capital in Chinese, I think I used a slightly offbeat examples, TPG is our investment in Vietnam, why should we choose the Vietnamese market, w