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Article by Jake
“All imperialism are paper tigers.” In ChenYiZhou in the office building, with such a word posted. On May 4, everyone nets listed on the New York stock exchange and raising money 7.43 billion dollars. The first closing price listed price rises, a 29%. The first closing price calculation, everyone according to the market value of .1 billion net, after tencent, baidu and alibaba and sina, its founder is ChenYiZhou fads reached 1.6 billion dollars.
That day, ChenYiZhou advices of LiuJian everyone nets COO initiative explained, “imperialism” one word is not only that the United States “domestic opponents: competition, especially like tencent, actually is more maliciously.”
Long has come, ChenYiZhou was dubbed “the name of the remaining fighters”. Because China’s Internet first wet, either company had already set the market, such as sohu of zhang chaoyang, alibaba’s jack ma; Either already YingHai recluse, such as Wisconsin river of 8848 ZhangShuXin, the WangJunTao, while he has always insisted on from 1999 until now.
Now, as China’s social networking sites are a leader, he should not only and happy, ChengBingHao 9) recapture some of the net will QQ space and tencent friends, sina micro Po and several other social main web site Saturday.
China’s social networking site too many, in addition to the above several watercress, 51, and 3g two echelon and a long list of vertical social networking site at any time, waiting for the battle. Rally This time, ChenYiZhou led the U.S. stock market, everyone nets landing in the capital market is almost kill open our way out.
From 1999 until into the Internet started 12 years later today, ChenYiZhou body around about liar, gangsters, lunatic various accused never stopped, he and I rarely public response. Chen’s character is “like to do big things, not content to earn penny” Stanford alumni, one of his ways. These comments Even in the Internet this oil-rich dreamer industry, also very few who dream of greater than ChenYiZhou.
However, the carnival everyone online city and looks like a roller-coaster capital dream. In the first, everyone jumped in after the stock and net, plunged to a decline of 15%.
“I’m in college heard buffett’s class, the company’s future profitability and potential, reflected in in long-term.” Early in the day, ChenYiZhou listed on share prices make such evaluation: “we will not concerned about short-term, no matter how, we share the same attitude will.”
So, in Wall Street is experienced in the eyes of the storm befuddled, how is it that everyone nets, a company?
Packaged listed
Initially, everyone nets in New York the roadshow startup activities held as a wedding banquet, rather than investors luncheon. Responsible for the purchase of bankers such descriptions tao – were more than 360 people present, most of them seem happy.
ChenYiZhou usually very don’t like to hear people say, his own company’s Facebook copies. But in the United States is the owner for ipos do promote, the match is obviously beneficial.
Wearing a “China” and “social networking” this two aura, the foreign market for everyone nets stock purchase shows unprecedented enthusiasm.
Investors like listening to stories. Investment banking circles popular words, “a good story, is an IPO half of success.” Optimal cool listings is the concept of “Chinese Youtube + Netflix”; Dangdang listings story is “Chinese amazon”. To the Internet in China enterprise, the listed its IPO basically had a common label: “American model + China concept”.
Everyone nets also failed to avoid custom, however, this time it’s tag than any earlier a Chinese companies are big: “Chinese version of Facebook”.
From the Angle of “China Facebook” everyone nets say he is, China’s largest social networking site. However, there is market personage points out, everyone nets itself business profitability is very weak, glutinous rice nets and everyone game is all the company’s profits point, so everyone company had to pack IPO. All the subjects include everyone listed four business — everybody nets and glutinous rice nets, everyone games and jinwei nets.
Us stocks analysts HuLongFei points out, everyone’s this several big business corresponding to americans familiar several similar well-known company Groupon and Zynga, Facebook, so everyone can give Wall Street told a lot of “China story”.
HuLongFei thinks, in profit model, everyone company also covers almost 10 years of Chinese Internet explore all patterns: Internet advertising + online (social) + e-commerce (43,200) + Internet value-added. Everyone in the interactive group sponsored by name December 2010. Currently, all the earnings mainly from advertising network, and Internet value-added services. Internet value-added services including from everyone nets open platform game income, commission income of glutinous rice online, and everyone online VIP member income.
Although, ChenYiZhou brings out a dish a bit beyond external unexpectedly “hodgepodge”. But anyway, “Chinese version of Facebook” thoroughly moved investors. “People who have a best buy hope the best best opportunities prospects, the stock in the company.” Gen sulzberger investment company manager timothy ?• Cunningham said.
The New York stock exchange Beijing chief representative YangGe then explain more clearly: “the first listed as a global social network company, everyone in America out its net successfully listed companies such as Facebook, this before in the capital market has high scarce value.”
However, there are still awake person expressed objections. Ladanyi vc founder Gary points out, everyone nets submit IPO file itself puts forward many questionable problem. First, everyone nets hadn’t sure it exactly how many users. Everyone nets on April 27 modified prospectus submitted in the first quarter of this year, will visit new independent instead of 5 million subscribers, compared with just 12 days before the first edition of the prospectus mentioned 7 million, down from 29 percent increase for 19%.
“If you can’t verify these data or the company cannot prove these data are reliable, that you should worry.” Gary said. His own venture, investment everyone ladanyi the sworn enemies of happy nets. Net
Columbia University’s strategic management doctor, wisdom to fund founder and managing director Eric Jackson writes points out, everyone nets is another example of dislocation parable, “I believe many just because its’ China version of Facebook ‘label and invest in the stock in a company, in the next several months will be sorely disappointed. Both have similarities, but not the essence is not the same.”
Everyone nets past this life
Since its establishment, the ChenYiZhou has not left “the online community”.
In addition to learn there come from teacher buffett investment skills, ChenYiZhou also understand a truth: “he warned us, everyone work before you draw a circle, circle is their own understanding, out-lap don’t understand and plausible. Doing things, must do circle.”
ChenYiZhou circle is “community”, he is directly: “I do from and that’s community of I am good at things. Although initially there’s no definite business model, did not think of today to MSN and community concept could be so hot; but I have understood what you can do, what you should do.”
May 1999, just turn 30 ChenYiZhou returned the confidence with a month, established a meet social needs of students, alumni record ChinaRen slogan is “to build the world’s largest Chinese virtual community”. ChenYiZhou capable of Internet “burn money” path, then organize various activities and universities all over the country, attracting students registered ChinaRen alumni record. In March 2000, ChinaRen registered users broke the million. However, ChenYiZhou also lighting his arms garage last bullet. Then the first wave of the Internet bubble, but under ChenYiZhou will ChinaRen, sold the sohu, led of himself as sohu is senior vice President.
Six months later, ChenYiZhou sold sohu part of sohu resign from stock, to return to the United States, continue to look for new opportunities.
Editor: NF039 (this responsibility source: LiHui bund pictorial author:)
In 2002, again, a ChenYiZhou startup sponsored interactive group. In late April, 2006, imitated early Facebook group sponsored 5Q campus network is developed. But at this point, it is a 5Q campus network than the more like Facebook site has been operating for several months, namely WangXing founded the campus network.
As a typical “tech entrepreneurs,” WangXing adhere to the “authentic” copy mode. ChenYiZhou WangXing expressed takeover of the interest, but school nets were rejected. Campus network and 5Q later in college for an intense users.
However WangXing financing not, campus network operation ten months later, once again have to accept ChenYiZhou takeover bid. Then, by the end of 2006 ChenYiZhou on two websites resources integration, completely devoid of 5Q, continue to use campus network.
April 2008, softbank SunZhengYi sponsored by 0 million investment, and obtain the 35% of the shares. About the SunZhengYi investment process, and jack ma sponsored are very alike, Mr Ma in toilet, spent six minutes, fix the million; And ChenYiZhou, also is in toilet, only 5 minutes, from SunZhengYi there got four billion dollars worth of financing.
August 4, 2009, campus network is officially changed owner. The connection to school from ChinaRen ChenYiZhou seems to have been nets, everyone not out their own campus complex, community complex. Company’s success in everyone listed, netizens smile says, chose May 4, ChenYiZhou listed, fully explain 1.outwardly was a college student.
To this, ChenYiZhou doesn’t denied that. “The key is I have the sentiment, has the experience, Iknow what students need. Shi yuzhu do brain platinum why success, because he lived in the countryside for a long time, know what farmers like is the same. Truth.”
“Two years ago, I proposed to construct the socialization business networks, this dream so far have not changed.” Persistent ChenYiZhou chose more inflexible. “In social networking sites, users? What was the most talked about in the most hope to get dating process what information and services? This is all we can mining, number not over of commercial value.”
According to research institutions to Facebook users and a questionnaire, global Internet dating show the important topic: a communication is the most happy holiday where to travel, 2 it is where there is more suitable for own career planning direction, three is communication where they bought things is the best.
At present, ChenYiZhou has three business firmly grasp the in his hand. Early in 2009, everyone company purchase domestic famous tourism website art long wangdai, ChenYiZhou 23.7 shares in his social electronic business empire rock-hard an important ChengTou. “Art long wangdai should be everyone in the area of e-commerce company to integrate first step. The online recruitment, C2C and B2C will be the future need open sponsored interaction battlefield.” One person familiar with the ChenYiZhou who once said.
Thus, it is not difficult to get everyone into the company is determined to e-commerce field, need is not a certain area of business, but the whole “the strength of the socialization of the business network” all-round linkage. In December 2009, everyone with dragons, jingdong mall net call ha nets, etc, and based on community network launched “everyone aigo” platform; Last year, everyone company also jan.7 to rise by their success huge customer advantage, creating glutinous rice nets.
China local social networking sites profit model has been not stereotypes, among them, entering the electronic business affairs is one of the most important attempt.
2010, happy nets into special offer tickets inquiry, the ticket purchasing, jan.7 services; In march, sina acquisition mecoxlane stakes, intends to realize micro Po and e-commerce organically, the more wants “to MSN” mode of e-commerce + to the public.
To this, the industry generally thought of electronic business affairs will become the preferred to MSN self-salvation, by establishing such as network to MSN can shopping center platform, as a model to derive the transaction costs such as the virtual currency commission, issuing earnings way
I am Jake a professional editor from Cheap On Sales, and my work is to promote a free online trade platform. http://www.cheaponsale.com/ contain a great deal of information about coffee pod machines,rechargeable candle lights,gps dog collar, welcome to visit!
The facebook and bubble of renren net
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