Location: Zhejiang TV's 'Born with Talent'
Travel notes summary: Zhejiang TV's 'Born with Talent'. Sometimes, watching some mainland Chinese shows is really interesting. This program is a reality investment show where two celebrities each choose a startup, experience its operations firsthand, then go on the show with the CEO to present, give verbal introductions, and submit the equity they're offering and the funding amount. Then, they face five angel investors who ask all sorts of questions—target market, daily revenue, 'Do you think this market size justifies such a valuation?' Today's two new companies both happened to be food-related. 'I've eaten at your chain restaurant—it's not good...' 'Your semi-prepared dishes are sold in supermarkets—how are you different from them?' ... All kinds of questions, some very sharp, some very practical. You can also look at startups from many angles. Although some parts might be for show, for those in entrepreneurship, you can definitely gain some insights. Interesting~~ :) By Morgan, evening of Feb 8, 2015.
