Innovation has always existed, no matter what era you are in; just if you work hard, innovation will be entrusted to you, and you will also assume a greater mission; at the same time, if there is innovation, there will be capital assistance, so angel investment will never be cold.
Author Guo Jianwu, Star Vision Capital | Founding Managing Partner of Fufu Capital
I have recently read Lu Qi ’s article on innovation, and I was deeply inspired, but it is a bit regrettable that the analysis of the driving force of innovation and entrepreneurs always feels a little poor, not enough. What is wrong has caused me to think about these two days.
About the driving force of innovation
Lu Shen wants to discover from the development path of human society that now is the best time to innovate. It is also true, it is not true. Why do you say that? Let us also follow the thinking trajectory of Lu Shen, with a broader perspective and a deeper perspective, to see the real “bottom logic”.
Whether from the agricultural age to the industrial age, whether from automation, to information, to intelligence, human society is driven by science and technology, technology, and needs. The society continues to move forward and people’s living standards continue to improve. There is no doubt that innovation has contributed.
But is technological progress really the driving force behind innovation?
If it is the true driving force, then: Why has human society developed for hundreds of years and is now “most suitable” for innovation? Is there no innovation from the industrial revolution to the intelligent era? If there is no innovation, how can there be development and how can there be prosperity now? So this statement is wrong.
Human beings have been exploring the truth and the driving force for innovation. As an angel investor, if you don’t have the spirit of asking questions and the ability to “see clearly” the underlying logic, then you can only learn from others, and you can only learn to slogan successfully, and your investment will naturally fall through.
Science, technology, knowledge and cognition are all different. What is innovation? What is the driving force for innovation? If you follow the scientific model, who made the need for innovation? Under what background? What do you want to achieve? Who will do it? Why are these people doing it? By what means? What carrier or tool is used to accomplish it? How to verify the right from the requirements to the application? By what standards do you verify? Who will judge if something goes wrong? These are demand assignments, but unfortunately we can’t answer them, this is the question.
I would also like to share my understanding of innovation here.
I declare again that I didn’t mean to offend the Great God. I feel that everyone is equal in exploring the truth and can speak freely. Only in this way can society truly progress and develop. The so-called altars are obstacles to development. Whether it is the stock altar, the capital world, or the field of knowledge payment,Xiadu gradually stepped down from the altar. If you think about it, this is actually in line with the law of physics “entropy”.
We all say that the universe is so big and strange. Countless people are thinking. Among the countless blessings that God’s hand has given the earth and humanity, which are the “bottom” resource wealth that has been given to us since the beginning of the world, and which require human efforts to discover.
Lu Shenwen mentions energy, fossils, oil, sunlight, and so on. These have existed since the earth ’s civilization, and have been gradually discovered and used by people. The system and structure are also mentioned in the article, but unfortunately these elements are discussed separately, and the logic and relevance are not found. Therefore, some biased and limited judgments are obtained.
In my opinion, the greatest wealth that the hand of God gives to our earth civilization and human society is: Energy, all things, systems, chains of relationships , these 4 factors form the social system, and continue to Go forward spirally.
Energy
Especially solar energy, I do n’t think I need to say more. Many scientists, technocrats, and entrepreneurs explain and apply more comprehensively than I do. This can also explain the energy, fossils, petroleum mentioned in the article And other contributions to social progress.
But there is also a wealth that has been discovered at the beginning of the creation of the world, but has not been discovered by humans at all: gravity / gravity. I know. Now there are some great gods of the forefront of science and technology who started to study gravity, and started to do a lot of work, especially in the field of new materials and life sciences. As for why new materials and life sciences are related to gravity, haha, ask me to drink coffee. The economic, commercial value and energy in it are far more than N times the wealth of the earth now.
BTW: This area is definitely the focus of my founding / seed round investment. Someone questioned me, and I was beaten by some pretentious doctors, I don’t understand, haha. If you really understand this circuit and believe in the law of attraction, then don’t worry, you will always encounter the right team, Roadmap and business model, and it is more reliable than many roadshow projects now. If you don’t have this fate and Sense, then Give up, it is indeed very risky, very, very big, long cycle, uncontrollable, huge capital requirements. . . These brothers understand. In a word, as an early angel investor, do you really understand and have the ability to “see”?
Relationship chain
The relationship chain is very important to maintain the normal and orderly operation of energy and all things in a complex system; the qualitative leap of human civilization is gregariousness, division of labor, exchange, and currency. This is society, which is the system, which is the relationship. chain. This relationship chain is becoming clearer, more vertically subdivided, and more and more strange.
We all know the “entropy” in physics.The direction of the greatest value development is disorder, peace, intangibility, and stability. Ever wondered what this looks like? Like the current social trends, but also the brain nervous system.
The current social trends, young, personalized, distributed (including blockchain), fragmented and diversified, do not believe in oligarchs (luxury brands), do not believe in information islands, and do not monopolize. Personalization is the most beautiful and small. The program goes wherever you go. . .
Looking at the nervous system of the brain, hundreds of billions of neurons “squeeze” in a brain of about 1 kilogram, well organized. It does not need to charge (the life system is not discussed here, it is a deeper topic), it supports huge kinetic energy; it does not need to clean the hard disk memory of the brain, and there is a constant access to massive information every day, text to image to video. Now investing trillion-dollar cloud servers can only complete the brain’s storage and supercomputing functions, but decision-making, intervention, imagination, emotion, common sense, and consciousness. . . Far more than humans.
It is said that a person’s thought has the result of 10,000 neurons interacting at the same time, and it is completed in milliseconds. The computing power is surprisingly fast, and all of them are related to 100 billion neurons. Chain and mechanism controlled. Until now, humans have not understood the relationship between these neurons, the map of neurons, the language of interaction, and the mechanism. Although technology is so advanced, it is really amazing. (So Li Yanhong said a few words a few years ago that robots will probably surpass human brains for at least 50 years, but I just do n’t understand why Baidu was all in unmanned at that time).
OK, what does this have to do with innovation? Very big relationship because that’s the real logic behind innovation. Innovation has always existed, and it will always exist. But have you ever seen it, or did it fall on your head?
Why do you say that?
Lu Shen ’s article lists many difficulties in starting a business, such as the cold winter of capital, environmental changes, structural problems, periodicity, etc., but I do n’t think these are important factors to test the core competence of entrepreneurs, because these are all Is an external factor.
Analyzing the four social system elements of energy, everything, system, and relationship chain, we can see that a change in a certain demand in the system has led to a change in the relationship chain; the change in the relationship chain has broken the balance, and in the new The system seeks a new system; the new system promotes a new relationship chain and elements … In this way, the entire social system develops spirally and innovatively forward, forming an adaptive, spontaneous, closed-loop system.
In other words, innovation always exists, no matter what era you are in; just if you work hard, innovation will be entrusted to you, and you will also assume a greater mission. At the same time, if there is innovation, there will be capital assistance, so angel investment will always There is no such thing as winter.
The core competencies of entrepreneurs
A true innovator, in addition to the knowledge and cognition he possesses,In addition to RP, perseverance, team spirit, the ability to integrate resources, and the ability to communicate, there is a very, very important ability, which is the “resilience” that changes with the changes in the competitive environment. I invested in many early angel projects and found an important characteristic of a successful person: that is, what do you do and adjust when you encounter difficulties, that is, the ability to respond, which determines whether you can go to the end and become a giant. Once you have this ability, what happens to the external environment, whether it is the cold winter of capital or the cyclical trough, you will never be insulted because you understand that change is the eternal truth.
Capital winter, environmental change, structural issues, periodicity, talent issues … I can also list many difficulties and external factors, especially in different times. Entrepreneurs must have the ability to adapt to different living environments, adjust strategies, tactics, adjust talents, adjust business models, adjust products, adjust applications, market strategies … timely and accurate adjustment of capabilities is the real success of successful entrepreneurs Long-term capabilities.
The external environment is not the cause. The real cause is in yourself.
Product innovation system
I just started investing in a digital twin project, completely overturning the process ideas of the product innovation system. There is no need to make a prototype according to the drawing design as before. Come out to the prototype for the user to try it out, see the user experience, Improve, modify the design, and then perfect the prototype, and then put it into production in small batches after the problem.
No need to do this now, our digital twins (not just 3D simulation, BIM) can verify the reasonableness of the requirements during the demand stage (especially driverless), and then verify the design The next step is traditional intelligent manufacturing. The coolest thing is that you can verify in advance whether the product is integrated with people and the environment. The digital twin of the real product life cycle is verified first. I believe that if you understand it, it will be Disruptive technology in smart manufacturing, automotive, and emergency management systems. We estimate that the development time can be greatly reduced by more than 50%. The key is that the digital twin model can be perfected, shaped, and launched quickly in the market. Without having to repeat it, people who do dry products know this is great.
Strategically, you must not use the market (including seed users) to verify your design. Not only is it costly, it is also a great damage to the brand, and it is also very harmful to an industry, such as: unmanned.
So innovation exists everywhere, no matter where it is.
Okay, there are still many topics about innovation, technology and investment. Have a chance to talk slowly.
Thank you again for the inspiration of Lu Shen’s article, thank you!
Especially solar energy, I do n’t think I need to say more. Many scientists, technocrats, and entrepreneurs explain and apply more comprehensively than I do. This can also explain the energy, fossils, petroleum mentioned in the article And other contributions to social progress.
But there is also a wealth that has been discovered at the beginning of the creation of the world, but has not been discovered by humans at all: gravity / gravity. I know. Now there are some great gods of the forefront of science and technology who started to study gravity, and started to do a lot of work, especially in the field of new materials and life sciences. As for why new materials and life sciences are related to gravity, haha, ask me to drink coffee. The economic, commercial value and energy in it are far more than N times the wealth of the earth now.
BTW: This area is definitely the focus of my founding / seed round investment. Someone questioned me, and I was beaten by some pretentious doctors, I don’t understand, haha. If you really understand this circuit and believe in the law of attraction, then don’t worry, you will always encounter the right team, Roadmap and business model, and it is more reliable than many roadshow projects now. If you don’t have this fate and Sense, then Give up, it is indeed very risky, very, very big, long cycle, uncontrollable, huge capital requirements. . . These brothers understand. In a word, as an early angel investor, do you really understand and have the ability to “see”?
Relationship chain
The relationship chain is very important to maintain the normal and orderly operation of energy and all things in a complex system; the qualitative leap of human civilization is gregariousness, division of labor, exchange, and currency. This is society, which is the system, which is the relationship. chain. This relationship chain is becoming clearer, more vertically subdivided, and more and more strange.
We all know the “entropy” in physics.The direction of the greatest value development is disorder, peace, intangibility, and stability. Ever wondered what this looks like? Like the current social trends, but also the brain nervous system.
The current social trends, young, personalized, distributed (including blockchain), fragmented and diversified, do not believe in oligarchs (luxury brands), do not believe in information islands, and do not monopolize. Personalization is the most beautiful and small. The program goes wherever you go. . .
Looking at the nervous system of the brain, hundreds of billions of neurons “squeeze” in a brain of about 1 kilogram, well organized. It does not need to charge (the life system is not discussed here, it is a deeper topic), it supports huge kinetic energy; it does not need to clean the hard disk memory of the brain, and there is a constant access to massive information every day, text to image to video. Now investing trillion-dollar cloud servers can only complete the brain’s storage and supercomputing functions, but decision-making, intervention, imagination, emotion, common sense, and consciousness. . . Far more than humans.
It is said that a person’s thought has the result of 10,000 neurons interacting at the same time, and it is completed in milliseconds. The computing power is surprisingly fast, and all of them are related to 100 billion neurons. Chain and mechanism controlled. Until now, humans have not understood the relationship between these neurons, the map of neurons, the language of interaction, and the mechanism. Although technology is so advanced, it is really amazing. (So Li Yanhong said a few words a few years ago that robots will probably surpass human brains for at least 50 years, but I just do n’t understand why Baidu was all in unmanned at that time).
OK, what does this have to do with innovation? Very big relationship because that’s the real logic behind innovation. Innovation has always existed, and it will always exist. But have you ever seen it, or did it fall on your head?
Why do you say that?
Lu Shen ’s article lists many difficulties in starting a business, such as the cold winter of capital, environmental changes, structural problems, periodicity, etc., but I do n’t think these are important factors to test the core competence of entrepreneurs, because these are all Is an external factor.
Analyzing the four social system elements of energy, everything, system, and relationship chain, we can see that a change in a certain demand in the system has led to a change in the relationship chain; the change in the relationship chain has broken the balance, and in the new The system seeks a new system; the new system promotes a new relationship chain and elements … In this way, the entire social system develops spirally and innovatively forward, forming an adaptive, spontaneous, closed-loop system.
In other words, innovation always exists, no matter what era you are in; just if you work hard, innovation will be entrusted to you, and you will also assume a greater mission. At the same time, if there is innovation, there will be capital assistance, so angel investment will always There is no such thing as winter.
The core competencies of entrepreneurs
A true innovator, in addition to the knowledge and cognition he possesses,In addition to RP, perseverance, team spirit, the ability to integrate resources, and the ability to communicate, there is a very, very important ability, which is the “resilience” that changes with the changes in the competitive environment. I invested in many early angel projects and found an important characteristic of a successful person: that is, what do you do and adjust when you encounter difficulties, that is, the ability to respond, which determines whether you can go to the end and become a giant. Once you have this ability, what happens to the external environment, whether it is the cold winter of capital or the cyclical trough, you will never be insulted because you understand that change is the eternal truth.
Capital winter, environmental change, structural issues, periodicity, talent issues … I can also list many difficulties and external factors, especially in different times. Entrepreneurs must have the ability to adapt to different living environments, adjust strategies, tactics, adjust talents, adjust business models, adjust products, adjust applications, market strategies … timely and accurate adjustment of capabilities is the real success of successful entrepreneurs Long-term capabilities.
The external environment is not the cause. The real cause is in yourself.
Product innovation system
I just started investing in a digital twin project, completely overturning the process ideas of the product innovation system. There is no need to make a prototype according to the drawing design as before. Come out to the prototype for the user to try it out, see the user experience, Improve, modify the design, and then perfect the prototype, and then put it into production in small batches after the problem.
No need to do this now, our digital twins (not just 3D simulation, BIM) can verify the reasonableness of the requirements during the demand stage (especially driverless), and then verify the design The next step is traditional intelligent manufacturing. The coolest thing is that you can verify in advance whether the product is integrated with people and the environment. The digital twin of the real product life cycle is verified first. I believe that if you understand it, it will be Disruptive technology in smart manufacturing, automotive, and emergency management systems. We estimate that the development time can be greatly reduced by more than 50%. The key is that the digital twin model can be perfected, shaped, and launched quickly in the market. Without having to repeat it, people who do dry products know this is great.
Strategically, you must not use the market (including seed users) to verify your design. Not only is it costly, it is also a great damage to the brand, and it is also very harmful to an industry, such as: unmanned.
So innovation exists everywhere, no matter where it is.
Okay, there are still many topics about innovation, technology and investment. Have a chance to talk slowly.
Thank you again for the inspiration of Lu Shen’s article, thank you!
A true innovator, in addition to the knowledge and cognition he possesses,In addition to RP, perseverance, team spirit, the ability to integrate resources, and the ability to communicate, there is a very, very important ability, which is the “resilience” that changes with the changes in the competitive environment. I invested in many early angel projects and found an important characteristic of a successful person: that is, what do you do and adjust when you encounter difficulties, that is, the ability to respond, which determines whether you can go to the end and become a giant. Once you have this ability, what happens to the external environment, whether it is the cold winter of capital or the cyclical trough, you will never be insulted because you understand that change is the eternal truth.
Capital winter, environmental change, structural issues, periodicity, talent issues … I can also list many difficulties and external factors, especially in different times. Entrepreneurs must have the ability to adapt to different living environments, adjust strategies, tactics, adjust talents, adjust business models, adjust products, adjust applications, market strategies … timely and accurate adjustment of capabilities is the real success of successful entrepreneurs Long-term capabilities.
The external environment is not the cause. The real cause is in yourself.