30 million investment will increase a thousand times in two years! The "mysterious" investor behind Vipshop

Vipshop angel investor, Wu Bin is almost a "mysterious" existence. Among the media reports, there is almost no report about Wu Bin. The outside world's eyes are not important to many people who work hard, and this may be the reason why Wu Bin rarely accepts reports. Despite being extremely low-key, Wu Bin still exists among investment legends in the form of "word of mouth". Li Zhihua, founder of Magnet Technology, once commented on Wu Bin: "Atmospheric, straightforward, warm and humane."　

In the "Top 100 Investors in the 2017 Investment World" list jointly initiated and selected by the Investment World under Qingke Group and the Qingke Research Center, Wu Bin was selected as one of the 100 outstanding investors who have had a huge impact on the Chinese investment world. As an early Internet entrepreneur, the investor behind Vipshop, he has founded many companies such as Hangzhou Caitong, Pipi.com, Lecheng Technology, and Silibo Sleep Technology.

In 2015, he began to focus on investment, founded Daosheng Capital, and invested in projects such as Qingshou, Yunxuetang, Xiaodian Technology, Gongjia, Dobot Robot and other projects. How did he start several companies and invest in a number of excellent projects? From his attitude towards life, he may be able to get close to the answer.

Do things from 0 to 1

吴彬曾经说过，他的兴趣是去做从0到1的事情，而且动作很快。吴彬最早以个人名义投资了唯品会。据传，除了沈亚和洪晓波两位创始人，吴彬和“法派集团”老板彭星、“欧时力”老板徐宇五个人一起筹集了3000万人民币作为创始资金。

In 2012, when Vipshop was listed in the United States, the issue price was only $6.5, and by 2014, Vipshop's stock price reached a maximum of $200 per share. Wu Bin's investment in Vipshop has a return rate of at least a thousand times, becoming a heavyweight in the investment circle. The outside world is not aware of how many Vipshop shares Wu Bin holds now. News about Wu Bin is rarely seen in Vipshop's subsequent listing and even the evolution of "monster stocks". Perhaps, Wu Bin is not willing to focus on history but prefers to plan for the future.

In 2015, Wu Bin, founding shareholder of Vipshop, and Qi Li, founding teacher of the Alumni Association of Changjiang Business School, and others jointly founded Daosheng Investment. As a fund focusing on early-stage angel investment, Daosheng Investment's investment areas include big consumption, e-commerce, new media, Internet finance, sleep technology, etc., focusing on the angel stage and A-round projects in the industries covered , and investing in excellent companies including Machine Change Elf, Qingshou, Yunxuetang, Magic Chop Technology and 58 Monthly Lady.

In the early days of Yunxuetang's entrepreneurship, Wu Bin and founder Lu Ruize often debated. There were several times when the two were arguing at the riverside, one stood on the table and the other stood on the stool, quarreling until dawn, but the two were very happy because they pinched each other because it was a collision of thoughts. At that time, Wu Bin had clearly told Lu Ruize that if Lu Ruize was the CEO, Wu Bin would definitely not vote.

About two or three months later, Lu Ruize actually invited several people from Central and European countries and gathered many top talents, including Ding Jie, who later became CEO of Yunxuetang. While this surprised Wu Bin, he was also sincerely happy for the thriving growth of the Yun Academy team.

Since its establishment at the end of 2011, Yunxuetang has served more than 300,000 companies in five years, including leading companies in the industry such as Tongrentang, Unicom, Lenovo, and Huazhu Group. The number of users has reached 10 million and the renewal rate has reached 90%, making it the fastest-growing Internet company in the enterprise training industry. Now Yun Academy has reached the B round, which is very difficult in Wu Bin's opinion, and he has completed a task that is almost impossible to complete.

To invest, always maintain the appetite for learning

Wu Bin believes that whether it is a business or a career, there are many things in common, such as the appetite for learning. Some people are born to be studious and curious, while others may not be like this. The appetite for learning is a must for investment. "When others sit in front of you and you can't understand what the other person is saying, you will feel anxious and frustrated, so you have to learn. This learning is not so passive, but rather proactive. If you talk to experts every day, you will definitely talk to them as masters, so cross-professional learning is a characteristic of the investment industry . "

Curiosity is not something that can be cultivated. If you find that you are not very interested or curious, don’t invest. Life is short, why bother? But if you have this characteristic, it is better to invest in the investment industry as soon as possible.

When investing, you must not only have a strong curiosity, but also learn to "be attentively" . Wu Bin said that he didn’t know what it means to be attentive before. Some people said that they were attentive and did things with heart. He felt so strange. What it means to be attentive and how to eat with heart? Later, because of hiking and drinking Zen tea, Wu Bin gradually learned to be attentive.

To put it simply, it means to empty your brain, relax your body, and focus all your attention on one thing. What is "heart"? One of the explanations is the full attention. Wu Bin said that one time later, he watched "The Good Chinese Dance" and was filled with tears. This was impossible before. He kept watching that day from morning to noon, and his heart was very soft, crying when he should cry, laughing when he should laugh, and following the feelings of those dancers. When he saw the martial soul, his tears were almost coming out. This person was dancing so well. Later, the judges said that it was the martial soul. This is called watching the dance with your heart, or watching the world with your heart.