Founder three years of work experience is his "study , the
accumulation of experience in project management stage for future entrepreneurs
to lay a more solid foundation ." And these experiences
in his entrepreneurial enthusiasm is rising domestic Internet spark ignited,
gave him great help , became his "technology entrepreneurship "
cards.
Cheap Jordan Shoes
Because there is a " Chinese people use the Internet in their native language ," the ideal , Zhou introduced the 3721 " network name " predecessor - Chinese website , creating a Chinese Internet service . Users do not need to remember complex domain , directly in the browser address bar enter Chinese names , you can open the relevant pages to find the desired information.
http://www.timewarner.com/
But, others will be able to finance hundreds of millions of the time, but 3721 began a penny less than financial . Zhou remember , when many companies are imitating American websites B2B and B2C business models , and 3721 continue to follow their simple business model, buried develop " network name " This is a product. Gradually the company faced the danger of starvation , he decided to seek venture capital support, but because there is no "returnees " signs , there is no copy of the U.S. business model , a lot of venture capital are shunned away 3721 .
Finally, the persistence and efforts, in June 1999 , IDG VC ( venture capital funds International Data Group ) decided to invest 3721 , gave several hundred thousand dollars in seed money . The initial test of survival experienced after 3721 quickly became popular in just a few years . October 2002 , reached a strategic cooperation with Microsoft , and Yahoo China and the United States and later formed a strategic partnership VeriSign . April 2002 , the Internet winter entirely, financing environment a recession , 3721 won Japan's first wind cast JAFCO 1000 million in financing .
Analysis of success factors for 3721 , Zhou concluded the word: focus . " Since its establishment, we focus on one product - that is the network name , because the focus, so we can do a thing , which is the 3721 heavyweight partners at home and abroad can be optimistic about the reason ."
2003 , 3721 acquired by Yahoo . March 2004 , Zhou served as president of Yahoo China . This experience has been so subsequent weeks brooding. He said that in order to defeat was the largest competitor Baidu Yahoo to sell cheap 3721 "at least $ 1 billion is a lesson ," Yahoo China in the period , although the identity of professional managers , but what he never regarded himself as entrepreneurs. This mentality that he led the team in the market Sha Shasha , an end to Yahoo's operations in China in 2004 and 2005, reached an unprecedented height : search over Google , mailbox exceeds Sina ranked second , instant messaging into the first echelon.
August 2005 , Zhou Hongyi term of office expires leaving Yahoo China to invest in a partner who is joining the IDG VC. Subsequently , Zhou successively invested Qihoo , Thunder , Flint , Discuz! , Fast travel , cool dogs and other projects, which is currently in a safe , downloads, forums, build , online accelerated , online music player and other areas has become one of the best brands.
First, because optimistic about the potential of combining search and community , has for the odd tiger Zhou introduced from Sequoia Capital , CDH , IDG, Matrix, Highland Capital , Red Dot , etc. A total of about 50 million U.S. dollars of investment . But now, Qihoo most stars, the most promising products , it is the original because " pique " and the launch of the 360 security guards .
Cheap Jordan Shoes
Because there is a " Chinese people use the Internet in their native language ," the ideal , Zhou introduced the 3721 " network name " predecessor - Chinese website , creating a Chinese Internet service . Users do not need to remember complex domain , directly in the browser address bar enter Chinese names , you can open the relevant pages to find the desired information.
http://www.timewarner.com/
But, others will be able to finance hundreds of millions of the time, but 3721 began a penny less than financial . Zhou remember , when many companies are imitating American websites B2B and B2C business models , and 3721 continue to follow their simple business model, buried develop " network name " This is a product. Gradually the company faced the danger of starvation , he decided to seek venture capital support, but because there is no "returnees " signs , there is no copy of the U.S. business model , a lot of venture capital are shunned away 3721 .
Finally, the persistence and efforts, in June 1999 , IDG VC ( venture capital funds International Data Group ) decided to invest 3721 , gave several hundred thousand dollars in seed money . The initial test of survival experienced after 3721 quickly became popular in just a few years . October 2002 , reached a strategic cooperation with Microsoft , and Yahoo China and the United States and later formed a strategic partnership VeriSign . April 2002 , the Internet winter entirely, financing environment a recession , 3721 won Japan's first wind cast JAFCO 1000 million in financing .
Analysis of success factors for 3721 , Zhou concluded the word: focus . " Since its establishment, we focus on one product - that is the network name , because the focus, so we can do a thing , which is the 3721 heavyweight partners at home and abroad can be optimistic about the reason ."
2003 , 3721 acquired by Yahoo . March 2004 , Zhou served as president of Yahoo China . This experience has been so subsequent weeks brooding. He said that in order to defeat was the largest competitor Baidu Yahoo to sell cheap 3721 "at least $ 1 billion is a lesson ," Yahoo China in the period , although the identity of professional managers , but what he never regarded himself as entrepreneurs. This mentality that he led the team in the market Sha Shasha , an end to Yahoo's operations in China in 2004 and 2005, reached an unprecedented height : search over Google , mailbox exceeds Sina ranked second , instant messaging into the first echelon.
August 2005 , Zhou Hongyi term of office expires leaving Yahoo China to invest in a partner who is joining the IDG VC. Subsequently , Zhou successively invested Qihoo , Thunder , Flint , Discuz! , Fast travel , cool dogs and other projects, which is currently in a safe , downloads, forums, build , online accelerated , online music player and other areas has become one of the best brands.
First, because optimistic about the potential of combining search and community , has for the odd tiger Zhou introduced from Sequoia Capital , CDH , IDG, Matrix, Highland Capital , Red Dot , etc. A total of about 50 million U.S. dollars of investment . But now, Qihoo most stars, the most promising products , it is the original because " pique " and the launch of the 360 security guards .
