Lu Zhang
๐ค SpeakerAppearances Over Time
Podcast Appearances
So that's the first connection and also DealFlow network will build up.
Second DealFlow network we build up is actually focused on founder himself.
We like founder with operation experience, technical background, and also with big operation experience.
So we also have a network with all these awesome founder.
They worked for a couple of years in Facebook or Google and they decided to do a company themselves.
We interact with them early on, and when they decided to really spin off to do a company full-time, we jump in and give them the initial capital.
And meanwhile, we also have an internal database.
That might not be quite common to see in the smaller firm size like us when we first started, but I believe in data's power.
We always talk about empower different, even like empower legacy industry with big data.
And we could also empower ourselves with data analytics.
So we have the database inside that we input all the company we met, the company we found online, and also awesome founder background across different platform.
And we do the analysis and find the good one.
We just do the outbound reach out.
So that one gradually becomes much more valuable resources for us to find a very good early stage sales mode company.
I have a company that's the first one, first company I invested for fund one.
So far, I think they have more than $100 million revenues for this year.
Yes, that company.
I think the valuation goes up more than 100 times.
The company name is Grub Market.
Yeah.