When the face appeared to have changed very fast objective environment, not to abandon the fine traditions of the past, but improvement and innovation
Based on the fine tradition of author: Xiao Ran, German Allianz Capital Partners, The original title “I used the simplest way to clarify what direction investors are focusing on this year (3)”
Recommended reading:
I used the most simple way to clarify what direction investors are focusing on this year (1)
I used the simplest way to clarify what direction investors are focusing on this year (2)
The last article in the series, take a look at how to respond as an investment institution.
The content of this part will be more directly related to the investment agency ’s own strategies and play styles, and the details may not be so versatile. But there is a general principle that may be universal. When faced with an objective environment that seems to change rapidly, it is not to abandon our past fine traditions, but to improve and innovate based on the fine traditions. Of course, at the other extreme, it is undesirable to be pretentious.
A new way of front-end business
Purchasing old goods, whether it ’s the industry that was originally covered, or the project that was originally seen
In fact, there are very obvious feelings in 2019, and good projects disappear. After all, from the perspective of investment and financing data, the cliff-shaped decline a few years ago made fewer and fewer projects available for investment in 2019, and the past strategies must inevitably need to be adjusted.
In terms of project source, blindly expanding FA coverage or other project channels is of little significance. In this way, we can only find more and more long-tail projects in the market. >
● Investment business personnel usually record and count Pipeline in some way, and can go through the potential projects in the Pipeline in 2018 and 2019 again. According to the situation seen at that time, and compared with the current development status, a comprehensive establishment of intuitive feelings for some projects and industries may be established, which may be rewarding.
● In the past two years of industry investment and financing data, the project was screened according to the division of labor of various colleagues.
● Research driven. The simple four-character words are very different in different institutions, so there is no particularly uniform method and standard to measure the effect of research-driven