Xiao Jun, a native of Guiyang, has been away from Guiyang for more than 30 years, but his Guiyang dialect is still fluent. He is the founder of the familiar map of Gaud.
20 10, gaode company, as the largest navigation map and software company in China, was listed on Nasdaq.
On August 20 14, gaode officially delisted from Nasdaq and became a wholly-owned subsidiary of Alibaba. According to the stock price of Gaode before the suspension, the market value of Gaode at that time exceeded1400 million US dollars.
According to this market value, Xiao Jun, who sold Gao De, is not low in net worth, but this "big brother" is extremely low-key and even "dizzy". He said: "the net value is not important, there will be a process of depreciation. Nowadays, young people are very strong and will soon surpass me. "
The establishment of Gaode map is a "mistake"
Xiao Jun originally studied electronics. In his sophomore year, he went to work in Zhongguancun with his classmate Wang Zhidong, founder of Sina. After graduating from college, I went to work in big companies such as Founder of Peking University and Jinshan Software. His first real venture began at 1993. At that time, before GPS was popularized, he became the first buyer of GPS template module in China. "At that time, the research institute of the Beijing Air Force bought two pieces from the United States, one for its own use and one for me, and began to do GPS-related research and development." He explained the opportunity clearly. Later, the cost of GPS module dropped sharply, and the possibility of industrialization became available. Xiao Jun made the first real GPS car dispatch project in China.
Later, when Xiao Jun was doing GPS for cars, he found that big companies such as Audi and Volkswagen needed maps, so he turned the company into a real map company, which was a "mistake" with Gao De.
At the beginning of the establishment of Gaode Map, there was no venture capital. In order to support the development of the company, Jun Xiao once used all his savings of1000000 to retain core employees and pay the rent for them.
Xiao Jun said that Gao De's success has many elements of luck, and hardships are inevitable, but luck is particularly important. "Fortunately, his opponent made a small mistake at that time, which made Gao Made De succeed."
Left gaode and founded bat capital.
One year after Gaode went public, for various reasons, Xiao Jun resigned from Gaode and went to Tsinghua University to study EMBA. 20 15 founded "bat capital" and became an angel investor.
"BAT capital" is called BAT for short. Xiao Jun said that his ideal is to "throw out" several companies like BAT!
Why do you want to make angel investment?
First of all, Xiao Jun positioned himself as a technical product, so he focused more on products.
Secondly, I don't want to travel around the world all day, "raise a flower and walk a bird", but I want to be with young entrepreneurs, which will also make me younger.
Since its establishment two years ago, the company has invested in more than 60 projects in high-tech and Internet fields, with a financing amount of over 300 million yuan. Not long ago, he also invested in an Internet "psychological hospital" in Guizhou.
What does he value most about investing?
He said three P's (people, products and prospects), among which people are the one he values most, because when he judges whether it is worth investing, he not only relies on experience, but also has quite emotional elements.
Guizhou may be the next Silicon Valley.
In his view, Guizhou is taking the road of big data development. If we are more open and willing to share ideas through our own continuous efforts, it will not be far from becoming the next Silicon Valley.
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