Kou Xiaowei, founder of Youge Capital: From the leader of the online game industry to the leader of VR investment

search for Kou Xiaowei's resume on the Internet, except for a brief introduction of Baidu encyclopedia with more than 100 words, it is difficult to find a more detailed version. For a government official who has been in charge of online publishing in the General Administration of Press and publication for more than a decade, there is no detailed resume record in his "territory", which shows that he is low-key and pragmatic. However, in spite of this, in the history of the development of China's Internet industry, he is destined to be an unavoidable name.

original title Kou Xiaowei: from online game manager to VR investment leader

strong > head of online game industry / strong > search for Kou Xiaowei's resume on the Internet, except for the brief introduction of Baidu encyclopedia with more than 100 words, it is difficult to find a more detailed version. For a government official who has been in charge of online publishing in the General Administration of Press and publication for more than a decade, there is no detailed resume record in his "territory", which shows that he is low-key and pragmatic. However, in spite of this, in the history of the development of China's Internet industry, he is destined to be an unavoidable name.

in 2004, Kou Xiaowei promoted the Chinese National online Game Publishing Project, which gradually reversed the monopoly of 70% of the market share of domestic online games by Korean online games. Since then, Kou Xiaowei pushed the competent government departments and online game enterprises to implement the online game "anti-addiction system", reversing the negative impact of the online game industry on society, and balancing the contradiction between social interests and industrial development in a certain degree. During the more than 10 years of rapid development of online games, Kou Xiaowei also creatively organized and compiled a report on China's game industry, established the first game industry organization, the Game working Committee of the China version Association, and established the annual meeting of the China Game Industry and the China Game developers Conference. Based on Kou Xiaowei's contribution to promoting the development of China's online games, he is known as the founder and leader of China's online game industry. strong > Venture Capital entrepreneurs / strong > November 2011, Kou Xiaowei once again caused a shock in the Internet and even the cultural media industry. This time, it is no longer his new policy that has attracted the attention of the industry, but because he has left the 12-year-old cultural media industry and 15 years of Internet management work. Especially in the Internet field, the field of investment and financing and the media are amazed! In fact, according to people familiar with him, a month before the media made public reports, Kou Xiaowei formally resigned and explicitly proposed that he would engage in venture capital, fully affirming and supporting his courage and relevant leaders. in early 2012, Kou Xiaowei founded YouGE Capital, which is mainly engaged in venture capital and related services in Internet, new media, culture and entertainment, education and other industries. The abundant resources of Internet and cultural media industry accumulated by Kou Xiaowei in the past have provided strong support for the development of Youge Capital. In just two years, YouGE Capital has successfully invested in more than 20 Internet start-ups, and Kou Xiaowei has also been rated by overseas industry and investment institutions as the most influential person who knows the Internet industry best. However, Kou Xiaowei does not want to be a simple investor, he sees a longer-term future. At the beginning of the establishment of YouGE Capital in 2012, Kou Xiaowei foresaw that China would usher in an unprecedented tide of innovation and entrepreneurship, so he made painstaking preparations. In 2013, he established China's first "avant-garde academy-global innovation and entrepreneurship base" focusing on the Internet and pan-entertainment industry, and the first mobile game incubator settled in Shanghai. in his opinion, with the development of the Internet, the wave of entrepreneurship will become more and more powerful. How to serve entrepreneurs is the most important basic work for early stage venture capital. Kou Xiaowei believes that he has been infiltrated in this industry for 15 years and has accumulated rich resources and contacts. He hopes to make use of his long-term accumulated industrial resources and contacts to build the Institute into a global resource integration platform, through the integration of global resources and the establishment of a resource ecological network, to provide entrepreneurs with full-industry chain and omni-directional resource docking services. at the same time, create greater value for investors. The concept of "serving entrepreneurs with the mentality of entrepreneurs" advocated and practiced by Kou Xiaowei has also been highly appraised by a large number of industry and investment leaders Lei Jun, Chen Tianqiao, Zhang Chaoyang, Chen Yizhou, Zhou Hongyi, Cai Wensheng and Xiong Xiaoge. In 2015, Youge Capital proposed to be an ecological investor of capital + resources. and together with Xiaomi technology, palm fun technology, Shanda group, Renren, Longtu games, wandering network, blue port interactive, 37 games, interactive entertainment, Boya interactive and other Internet giants set up the Youge venture capital fund, which is a rare venture capital fund with rich industrial resources in China, and is known as the "strongest lineup" in the history of venture capital in China. It is enough to demonstrate the integration ability of "capital + resources" of Youge Capital. Kou Xiaowei believes that the ecological investment concept of "capital + resources" conforms to the development trend of the mobile Internet and pan-entertainment industry, and also shows that China's venture capital industry has entered a stage of development with resources as the core value. strong > the leader of VR investment / strong > since 2015, the concept of VR/AR is getting hotter and hotter. According to Kou Xiaowei, the VR/AR industry is still in a very early stage of development, but in the long run, VR/AR is a huge gold mine no matter from the perspective of industrial development or from the perspective of investment prospects. The ecological investment concept and integration ability of Youge Capital "capital + resources" will undoubtedly provide strong support to the start-up team with no industrial resources. Because of this, YouGE Capital has carried out a comprehensive investment layout around "Internet + Pan-Entertainment + the whole industry chain", forming four major international industrial alliances and industrial service bases, such as games, animation, VR and investment, and began to make frequent efforts in the field of VR/AR. in December 2015, Xingmi Interactive set up a subsidiary, Vsensory, focusing on "Black Shield Blackshield", a VR game. In the 2016 HTC Vive VR content developer Competition, "Black Shield Blackshield" beat the products of more than 900 competitors around the world and won the top award of HTC Vive-Best work Award! With this war, Xingmi Interactive became famous on the scuffle of VR, became popular overnight, and its valuation soared! Youge Capital also used this to seize the commanding heights in the field of VR investment! Nowadays, in various AR/VR forums and exhibitions, "Black Shield Blackshield" and the investment stories behind it are often talked about as a "model" of VR games and investments! It is said that the next plan of "Black Shield Blackshield" is: a series of movies and TV series, which will release more than 8 episodes of interactive movies with a duration of about 20 minutes each, and integrate competitive games to achieve a multi-player online platform.

VR game" Ling: eclipse "

KeenVision sharp pupil is another VR game company invested by YouTube Capital. In April 2016, at the Beijing Film Festival, the VR product "Spirit: eclipse" produced by KeenVision sharp pupil made its debut, a thrilling style adventure puzzle-solving VR game, about a screenwriter Mark who collapsed because of his wife's disappearance. On the first anniversary of his wife's disappearance, he suddenly came to a manor called lunar eclipse because of the rotation of their pledge "music box". His mission is to discover the secrets of the eclipse manor. And save his wife. But as the story develops, an unexpected answer gradually emerges. The game begins in the form of a chapter of about 15 minutes, combining "mystery solving plot" and "drama-style action game". It is presented through the interactive game form of VR, and the form is very novel. At present, KeenVision sharp pupil has become a partner of Sony PS VR and has a bright future.

dynamic Optical Culture Communication Co., Ltd., invested by YouTube Capital, combines its IP business with VR. Dynamic Optical mainly operates high-quality Internet animation IP and independent original animation IP content, its products include "my name is MT" series, "Super Theological Academy" and so on. The total number of views of Yixue, which was launched in January 2016, has exceeded 170 million. In addition, YouGE has also invested in VR content and offline channel enterprise projects such as Jijiashuang, Hello ah Technology and so on. On May 28th, 2016, at the founding meeting of Shenzhen Vanguard Academy, Youge Capital also launched the three incubator accelerators of games, animation and VR, which were called by the industry as the three "sharp weapons" of YouGE Capital's resource integration in South China, which is more sufficient to show that Kou Xiaowei attaches importance to the investment in pan-entertainment industry and VR industry. Youge Capital's investment strategy and style were fully demonstrated in the just-concluded 14th China 喜悦 (China International Digital Interactive Entertainment Exhibition). In order to provide the invested enterprises and products with better communication and experience opportunities with industry and consumers, Youge Capital has specially funded the establishment of the "Youge Capital Investment Project experience Hall" in the exhibition hall, which is called another pioneering work of Youge Capital Service for free to display and promote the invested games, animation, VR enterprises and products. Nowadays, whether in terms of the performance of the projects invested or the advantages of their own resources, YouGE Capital led by Kou Xiaowei is gradually moving to the forefront of the AR/VR investment team, and their advantages may be more obvious in the near future.

Edit: nancy