The threshold has risen by 10 times? The Measures for the Supervision and Administration of Private Investment Funds (Draft for Comments) have caused controversy!
"Destroying you has nothing to do with you!" is a famous sentence in "The Three-Body Problem", which is constantly shining into reality from various ways.
This weekend, the Measures for the Supervision and Administration of Private Investment Funds (Draft for Comments) suddenly fell from the sky, and one of the changes caused shock:
The minimum capital contribution for individual LP (limited partner) must reach 10 million yuan.
In the past, the threshold was generally 500,000, and the higher threshold was 1 million.
The threshold has been raised by 10 to 20 times, and if it is really implemented, it is estimated that 80% of private placements will explode on the spot, after all, according to the current mainstream special fund model, no individual dares to invest 10 million in a single project.
For example, in angel round investment, rich people invest 50 or 1 million, and it is no problem to recharge as a dream.
You asked him to invest 10 million with real money?
I'm sorry, but not all entrepreneurs are Musk.
Even if he really is, I'm sorry, I can only give blessings and applause.
To tell the truth, the revision of the minimum capital contribution of 10 million yuan for individual LP (limited partners) is subject to discussion.
But it is foreseeable that the threshold for individual LP will be greatly increased, and the reason is not complicated, Lu Xun said:
The Chinese always like to reconcile and compromise, for example, you say, this house is too dark, you must open a window here, everyone must not allow it. But if you advocate tearing down the roof, they will reconcile and be willing to open the windows.
But I have to say that this has too much impact, and it is also the core reason for the general lack of confidence at present.
Write a regulatory approach on the top (maybe the person who wrote this is just a director who knows a little about the industry), and then the giant hammer will fall from the sky, without any warning, it can bring down more than 80% of the enterprises in this industry, and in the name of protecting you.
In fact, VC is the core driving force of innovation and development, which provides financial support for small and medium-sized enterprises and innovation projects, and promotes the transformation and upgrading of the economy.
Of course, it is precisely the uncontrollable nature of entrepreneurship that the sunk cost of VC is very high, even in the United States, the success rate is 10% or even lower.
But correspondingly, if you invest in a project, the return on assets will be very impressive.
For example, if the original 500,000 yuan was listed, the income would be about 300 million...
Therefore, the general mentality of everyone participating in VC is to give it a try, what if?
But now that the threshold has been raised to 10 million, what is the concept?
Who would dare to try?
In addition, in my opinion, raising the bar for VCs is tantamount to self-defeating martial arts, which is the same as suddenly stopping the listing in the United States.
In those years, using American money to develop oneself was supposed to run well, but as a result, various barriers and censorship were set up, and the dollar VC was almost wiped out, which made us realize:
How can there be such a good thing in the world?