Galaxy Venture Capital Rao Huigang: The Watershed Of Venture Capital Industry Is Coming, And B2B Field Is Facing New Development Opportunities

? ? ?“ 2021 is the year of reshuffle and the watershed of venture capital industry. It will be more and more difficult for flow driven 2C projects to create high growth and bring high returns. 2B's industrial Internet and industrial Internet will usher in greater development opportunities. " Recently, Rao Huigang, partner of Galaxy venture capital, said in an exclusive interview with 21st century economic reporter.

In his opinion, in the past 10 years, consumer Internet investment for C-end has been the core theme of venture capital industry. Flow driven 2C projects are very popular, many of which can grow rapidly in two or three years and even go public, bringing high investment returns to the fund.

But now, the external macro environment has changed. The transformation of China's economy from the era of incremental economy to the era of stock economy requires more in-depth integration of digital technology and the real economy. The industrial Internet and industrial Internet facing b-end are facing new development opportunities. What is needed in this process is supply driven rather than flow driven, and more innovative supply chain companies will emerge gradually.

Galaxy venture capital began to lay out in the B2B field from 2018, and gradually ushered in the harvest period. It is understood that galaxy venture capital currently manages two RMB funds, with a fund size of 1 billion yuan. The organization focuses on early B2B project investment, positioning the B2B platform driven by digital technology, and is committed to the deep integration of traditional industries and digital technology.

Over the past three years, Galaxy venture capital has invested in building materials, clothing, industrial products, mechanical processing, energy, automotive aftermarket, medical consumables, low alcohol wine, community fresh food and other fields, and has invested in Lianyi medical treatment, three heads and six arms, happy tomato, Chinese clothing speed matching, Jiepai technology, enterprise enterprise to enterprise, Yichuan shopping mall, energy exchange, Cailian technology, fubixing and other projects.

Digital technology drives transformation of traditional industries and seizes investment opportunities in stock and incremental markets

Rao Huigang, Wang Dong, and Wang Changhui jointly founded seegang in 2012. After years of development, it has become the target of industry Internet of various traditional industries in China. Rao Huigang changed from an entrepreneur to an investor and started a new exploration of his career. Galaxy venture capital, founded by him, is following the tide of industrial Internet and constantly capturing investment opportunities of early B2B projects.

In Rao Huigang's view, the essence of industrial Internet is to reduce costs and increase efficiency. With the replacement of consumer demand and the disappearance of demographic dividend at the production end, new movements are taking place in each node of the supply chain. The order, connection mode and node form between nodes will change. This kind of node movement driven by digital technology will be born in all walks of life, Industrial Internet.

"We focus on both stock and incremental opportunities in the market." Rao Huigang said. In the stock market, Galaxy venture capital is committed to seeking opportunities for B2B platform investment driven by digital technology, hoping that they can help the transformation and upgrading of traditional industries.

For example, in the past few years, it has become more and more difficult to recruit people in traditional industries such as construction, textile and clothing, mechanical processing, etc. many young people prefer to enter the modern service industry, but they are not willing to work in workshops or work on construction sites. The disappearance of demographic dividend in manufacturing industry promotes B2B digital technology platform to participate more in it, helps the industry reduce costs and improve human efficiency, which is also the investment opportunity（ See 21 Financial app for the full version.)

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