Zhang Qi is confident enough to label herself as a "career". Before resigning and starting a business, he served as managing director of Huaan Fund Management Co., Ltd., with assets under management exceeding 654.38 billion yuan and serving more than 6 million investment clients. Three years' experience in the securities industry and 1 1 year's experience in the fund industry have made him familiar with the cross-border integration of Timmy.
Of course, most entrepreneurs have experienced ups and downs on the road to entrepreneurship, and he also experienced it in the process of building Timi this year. But the initial intention of creating Tian Mi has never changed, that is, to let those who work and live diligently participate in financial management with peace of mind and low threshold, so that they can live a safe, rich and sweet life.
2065438+At the end of July, 2005, Tian Mi of Zhang Qi successfully obtained a series A investment of Panda Capital10 million yuan, which is also the "virgin investment" of Panda Capital in the internet finance industry since its establishment in June this year. For Zhang Qi, this round of financing not only means that Tim has the strength to recruit better teams and launch more competitive products, but also means that his wish when starting a business is a step closer.
Enlightenment from people around us: how to let everyone manage their finances?
Time goes back to two years ago, when Internet asset management was still a distant concept for most people. June 20 13, Alibaba's Yu 'ebao came out, and many relatives and friends around Zhang Qi were having a heated discussion. Many people even put their spare money into the Yu 'ebao account. After all, the initial rate of return is still considerable.
As a professional who has been engaged in the securities and fund industries for more than 14 years, Zhang Qi was surprised that his relatives and friends were not familiar with money funds, let alone other wealth management products and channels. "In their eyes, financial management is nothing more than saving money in the bank regularly and saving enough money for future life." He recalled, "Some people have also heard of the words bank wealth management products and trust funds, but the threshold is either too high or unsafe."
At that time, the appearance of Yu 'ebao undoubtedly surprised many financial "little whites". When Yu 'ebao is the hottest, the income can even reach 20 times of the bank's current demand. Just as various "treasures" represented by Alipay have entered the lives of ordinary people, the term P2P has gradually entered everyone's sight. The high yield of more than 18% even made several friends of Zhang Qi boldly adopt early adopters, completely ignoring the high risks behind the high yield.
Unfortunately, a friend of Zhang Qi lost a year's savings because of "stepping on thunder", which made him deeply think as a practitioner in the securities and fund industries. At that time, Zhang Qi felt that she should do something for her relatives and friends. After all, most relatives and friends are ordinary people who work and live diligently, and they deserve to live a safe, rich and sweet life.
However, Zhang Qi's initial efforts were not well understood by the people around him. After carefully selecting suitable financial products for them (such as trust and private placement with a starting point of 654.38+0 million), they either complained that the threshold was too high or said that they could not understand the instructions. After understanding the priorities and demands of the general public, Zhang Qicai deeply realized that the financial products of traditional financial institutions were not suitable for him, but it also made him see the direction of entrepreneurship.
After more than half a year's market research, Zhang Qi finally decided to resign and start a business on 20 14, and formally founded Tian Mi in August of that year. The original intention of all this is to enable people who are not familiar with finance like his relatives and friends to manage their finances with peace of mind and have a better life and a more secure future through financial management.
Zhang Qi, who jumped out of an asset management company, also believes that with the Internet, all these can become easier.
Professional team: cross-border integration creates new value
To build a brand-new Internet asset management platform, Zhang Qi is certainly an expert in the financial field. Tim's entrepreneurial team and I both come from traditional asset management industries-Public Offering of Fund management company, securities and banks. The layers of intermediaries and information asymmetry that have been seen in these industries for a long time make them more aware of what kind of wealth management products and interaction methods ordinary people are eager for, and how to solve their pain points.
However, Zhang Qi was not a practitioner in the Internet industry before starting a business. Professional team building in this area is also very important, which is also one of the biggest difficulties in the process of starting a business. Zhang Qi deeply understands the truth that "interlacing is like a mountain". People who know finance don't know the internet, and people who know the internet don't know finance. "How to effectively integrate the Internet and finance is an art! Although it is difficult, it is full of fun and value. The value of Gami also lies in the value created after cross-border integration. " This is his biggest feeling since he started his business a year ago.
Tian Mi was formally established on August 20 14 1. Prior to this, Li and Zhang Qi consulted about 60 professionals in the past six months. In the past few days, he has been communicating with friends who are engaged in Internet marketing, IT development, bank credit risk control, and securities fund financial model experts through WeChat, weekly meetings, brainstorming, etc., learning from each other and constantly running in, and finally forming trust and tacit understanding.
It is precisely because of the perfect preparation in the early stage that when Timmy was formally established in 1 last August, the organizational framework and cooperation division of the entire founding team had been formed. At present, Timmy's basic asset risk control team is all from funds and banks, and has at least 10 years of working experience in credit risk control and development, and the programmers responsible for developing these risk control functions and financial tools have more than 10 years of similar experience. In addition to the core team, Timmy has a large number of part-time staff from all walks of life, constantly providing valuable information and suggestions to the founding team. At present, the whole team is moving forward in an orderly way, and recently some internet giants have joined Timmy, which makes Zhang Qi feel full of confidence.
The construction of professional team is also Tim's constant goal. After obtaining the A round financing of Panda Capital, Zhang Qi also said that the funds will be used to continue to build the financial model of the risk control system; At the same time, it is necessary to introduce more talents for in-depth research to meet the needs of user experience and financial management.
"I personally think that Internet finance is a highly talent-intensive industry, so we are committed to building Timi 2.0 with the best talents to serve the financial needs of our users. "This is also Zhang Qi's consistent view of talents since he started his business.
Future Vision: "Grand Design" of Internet Asset Management
The A-round financing of Panda Capital is certainly a milestone for Tim, but it is far from over. When asked about Timmy's future competitors, Zhang Qi has only one eye, and that is herself.
This is certainly not arrogant, because Zhang Qi has his own "big design" for Tim. Timmy's core team's previous professional experience is mainly aimed at designing financial products that meet their risk preferences for institutions and professional investors, and Timmy's future development puts forward higher requirements for them. Seemingly similar wealth management products often have different product designs and bring completely different risks and benefits to users. Therefore, Zhang Qi's goal is to summarize how to better serve "Xiaobai" users with these complex products, and express Jiami's service and financial management experience concisely through the Internet.
In his eyes, Tim's "race with himself" process is to constantly use his "advanced" financial expertise to truly combine the needs of ordinary users; Timmy's financial products can be explained to every user more simply and easily, so that they can allocate their assets reasonably. This seemingly top-down process is actually more difficult.
Zhang Qi, who has been "embracing the Internet" for just one year, is now more convinced that with the development of Internet technology becoming a way of life for people, asset management with risk control as the core and advanced ways to spread and match specific users through the Internet will become a trend, allowing users to buy products that are more suitable for them and have better benefits. Based on this idea, Zhang Qi's "big design" for Timmy's future is to be an all-round Internet asset management company. "Just as there are banks, securities, insurance and asset management companies in the traditional world, Internet banking, Internet securities, Internet insurance and Internet asset management are also being born in the Internet world." Speaking of which, he is even more complacent.