Shen Nanpeng led the team, yuè is here in Sequoia China

Sequoia China did another seemingly unpopular thing.

The investment community was informed that Sequoia China officially launched the "Yuè" entrepreneurial accelerator, which was led by Sequoia Global Executive Partner Shen Nanpeng. Several Sequoia Chinese partners taught them in person to facing all the seed stage entrepreneurs for free to bring them. The first lesson of entrepreneurial journey. It is reported that Yuè will start for the first time on October 12 this year. After the 6 -week course, the students will have the opportunity to directly get an investment in Sequoia China or equivalent RMB.

This is another entrepreneurial entrepreneurship within Sequoia China -not only the entrepreneurial services, but also to create an incubator similar to YC internally to serve the earliest entrepreneurial team. Just as Shen Nanpeng once explained: "We adhere to the" semi -public welfare "attitude to support the development of early enterprises such as angel wheels and seed wheels. This" semi -commercial and semi -public welfare "investment concept will help build more vibrant and more vibrant, More valuable entrepreneurial ecology. "

When the early investment small has become a consensus, the "new product" launched by Sequoia China has a distinctive wind direction.

Sequoia China issues a recruitment order

Entrepreneurs have the opportunity to get a $ 1 million investment

What is yuè?

The meaning of the meaning of the meaning in the yuè, corresponding to a lot of meaningful Chinese characters. There are many possibilities in the shape of the glyphs. "Joy", as well as the meaning of Young & Ending in English and so on.

"These also correspond to the growth and development of the entrepreneurs, which fits the spirit of the entrepreneurs' bravery, breakthrough in ourselves, and turning over the mountains. Shanshan said to the investment community.

Positioning as "the first lesson of entrepreneurs", Yuè entrepreneurial accelerator aims to provide the systematic entrepreneurial courses and resource services of Sequoia exclusively developed by Chinese entrepreneurs in the A angel, helping them in the early stages with the highest failure rate Systematic cultivation of basic entrepreneurial capabilities and business cognition, improve the success rate of early entrepreneurship, and the first step of the long -term foundation.

This time, Yuè will face all the seed stage entrepreneurs. All courses will be free. The registration time begins. The deadline is September 4, 2022.

Specifically, as an accelerator for the seed stage entrepreneur, Yuè consists of 8 modules, along the two main lines: one, the main line of enterprise development, including the four major themes of ideas, products, commercialization, and growth; second, the founders, the founders The main line of growth includes recruitment, financing and culture. At the same time, each phase of Yuè also has a "mysterious module", which provides a series of targeted guidance according to the common needs of students.

During the 6 -week training time, all the courses of the trainees originated from Sequoia exclusively and taught by Sequoia partners. In addition, partners of Sequoia United States/Europe, Sequoia India/Southeast Asia will also bring rich insights on overseas technologies and markets to students, as well as a number of heavy entrepreneurs with a market value of more than one billion US dollars. Treating the door closed and sharing the experience and lessons of "coming people" and "actual combat", opportunities are rare.

What's more heavier is that this time Sequoia China also issued three big gift packs to students of Yuè:

1. Students who have graduated smoothly will have the opportunity to get an investment of $ 1 million or equivalent to RMB in Sequoia China;

2. Students who enter the camp will directly obtain a full range of value co -creation services provided by Sequoia China, including human capital, business and scientific and technological empowerment, brand market, IT and digitalization, financial risk control, etc. The rights and interests of seven incubators in 4 cities will be obtained, including free settlement, preferential policy docking and consulting;

3. Graduate students will directly join the Sequoia Chinese entrepreneur community at the same stage. They can continue to study after the course. Create, executives and customers.

Guo Shanshan said: "Yuè further the post -investment service has been in advance, and starts to serve outstanding entrepreneurs before investing to improve their entrepreneurial success rate. We believe this will inspire more courage, ability and confidence in confidence People who change the world are devoted to entrepreneurship. "

Shen Nanpeng: Xiangxiang Earlier and more innovative and proof

Sequoia has established 7 incubators

Why does Sequoia China do this?

As we have seen, it is not easy for a startup to grow from the seedlings to towering trees. Among them, the stage from 0 to 1 is also the process with the highest failure rate. Guo Shanshan believes that in China, there are more support for entrepreneurial enterprises in Series A, B -rounds and later stages, and many investment institutions provide relatively systematic services. However, in the stage when the angel stage to the highest failure rate before the A round, in addition to funds, the founders need more basic knowledge and ability training for the system.

Through the reasons behind countless success and failure cases, Sequoia China found that most founders did not know what knowledge and ability to cultivate as the founder and CEO. "And these common sense and abilities, whether you are in hard technology, software, medical care, consumer fields, many are common, and can learn and learn from." Guo Shanshan said.

Based on past experience and lessons, in order to give entrepreneurs more real help, Sequoia has already put it in action. In 2019, Sequoia launched the entrepreneurial acceleration camp Surge in the Indian/Southeast Asian market, which has achieved the seventh issue so far. In the United States and Europe, Sequoia has also launched similar projects -AC, for the seed period for the United States and Europe They have just completed the second issue of registration; now in China, Yuè will also kick off. Behind this is the most important gene of Sequoia for early investment. Before this time it was launched, Sequoia China had already bowed into the game -early and early.

In 2018, Sequoia China Seed Fund was officially unveiled, covering more time, resources and manpower to the early stages. In 4 years, the scale of Sequoia Seed Fund has exceeded 10 billion yuan. The investment field covers three major sections: technology, consumption, and medical and health. An institutional investor also ran unicorn companies such as Sirling and Blue Lake.

Earlier and earlier, Sequoia China even started from the initial incubation, and launched the business incubator business, providing a series of depths such as high -standard experimental equipment platforms, office space, investment and financing docking, policy interpretation and docking. Serve.

For more than two years of operation, Sequoia China has established 7 incubators in 4 cities, covering digital intelligence, corporate services, industrial technology, genomics, brain science, precision medical care, cells and molecular biology and other fields. At present, 35 member companies have successfully settled in, of which 17 are successful in incubation.

As Shen Nanpeng emphasized, he took the public welfare to invest in early enterprises. "When the entrepreneur has only one IDEA, accompany the founder Dream Big, I believe their Vision will accompany them from zero or even -1 to grow. This The road is not only good, but also goes far. "

Is it suitable for entrepreneurship now?

"Great companies have risen in the challenge age"

"Is it a good time to start a business now?" This is a real problem that lingers in the minds of many entrepreneurs.

Looking back at the back of the first half of 2022, in the context of repeated epidemic and geopolitical instability, the emotions of the capital market fluctuated. The VC/PE fundraising and cautious emotions are being transmitted to a startup company. Most people are facing cruelty. The financing test, companies below the waist are basically unable to blend money.

Although there are various uncertainties in front of them, from the perspective of Sequoia China, in each round of economic and technical cycles, the new round is about to begin, and it is full of early investment opportunities.

"Looking for 100 years forward, the global economic depression, financial crisis, inflation, war, and epidemic have occurred many times, but technology has not stopped progress, the business society has not stopped development, and even has been rising at the index level." Guo Guo has been rising. "Guo Shanshan said, "Instead, we have seen a lot of opportunities for innovation and changes in the country. In fact, for entrepreneurs, the more they will emerge in a complex and changeable environment. Many great technology, great enterprises, were born in the crisis. "

He further analyzed that in the past 50 years, Sequoia has often chosen to increase early investment in the so -called "cycle trough". The core reason is that the entrepreneurs at this time often have stronger motivation, have stronger confidence in their choices, and love products and technology.

"At this time, small companies are more likely to attract talents that are difficult to attract before, and it is also easier to get customers, because at this time, customers are more willing to try new products and technologies to significantly reduce costs and increase efficiency. Create brave. "

For entrepreneurs, when crossing the valley of innovation and death, charcoal in the snow is far more precious than icing on the cake.

Earlier, Sequoia China had disclosed a data -in 2021, Sequoia increased the proportion of early investment (SEED+Venture) to 80%, especially in the angel and seed end. At the same time, Sequoia China launched a new measure for early enterprises: as long as Seeds and Angels invested by Sequoia China, when the company obtains the second round of financing, it will automatically obtain Sequoia China at least 1 million yuan Support of RMB.

Shen Nanpeng once pointed out that when GP develops to a certain stage, the team may be unwilling to take risks to make some early investment opportunities. "Sequoia's investment is successful today. The company's long-term understanding, so in the process of subsequent rounds, dare to go to Lead's new round of financing. Such a strategic choice is the basis of the core competitiveness of GP 5-10 years in the next 5-10 years. "

Just as those great companies have risen in the era of challenging, standing at the low valley of the new round of economic cycle, VC/PEs are also brewing a wave of adjustments -to go earlier. This is a difficult and charming journey.

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