1 thought on “1 jewelry wholesale Chen Yizhou's personal experience”

  1. native american beaded jewelry wholesale Chen Yizhou, born in Wuhan, Hubei in 1969, chairman and CEO of Qianpo Interactive Group, in 1987, the Department of Physics Department of Wuhan University, and Lei Jun, the founder of Xiaomi Technology, is a classmate. In 1993, the Department of Mechanical Engineering of Massachusetts Institute of Technology, MBA Mechanical and Electrical Engineering in Stanford University Business School in 1997, served as chairman and CEO of Chinaren in 1999, CEO of Sohu in 2000, as Vice President of Sohu, and founded the Thousand Oak Interactive Group in 2002 to serve as Chairman and CEO.
    many years ago, this "old turtle" who lost his hand in ChinaRN in the first wave of network boom, carefully learned the lessons of the year, cautiously and quickly set up the equity and established themselves. "Memblag Interaction" has become one of the most beautiful online rookies in the domestic network industry. Chen Yizhou himself naturally became one of the closest people from the "wealth".
    In 1969, born in Wuhan, Hubei;
    1987 was admitted to the Department of Focion in Wuhan University; in 1993, he entered the Department of Mechanical Engineering of Massachusetts Institute of Technology in Massachusetts Institute of Technology. Ke Company (Altec) work, in charge of North Asian affairs;
    1997, entered Stanford University to study MBA and motor engineering dual master's degree;
    1999, with the alumni of Stanford Zhou Yunfan and Yang Ning, founded ChinaREN Chairman and CEO.
    chinaren was acquired by SoHu, Chen Yizhou was the vice president of SOHU.
    In November 2002, the Thousand Oak Interactive Group was established, and CEO of the chairman of its own. It has a DUDU network, accelerator, cat flutter, UUME, Warcraft China, 5Q campus zone and other websites.
    On May 4, 2011, on May 4, American time, the company's well -known social networking site operator company officially listed on the New York Stock Exchange. Chen Yizhou's worth was about 1.817 billion US dollars.
    He is a celebrity in the Internet industry.
    1997 went to Stanford Business School to study a dual master's degree in MBA and motor engineering. We know that Stanford and Silicon Valley are closely related. At this stage, when the "chief" Yang Zhiyuan and Yahoo attracted global eyes, they undoubtedly inspired Chen Yizhou. But more importantly, he met his later partners, Zhou Yunfan and Yang Ning.
    Zhou Yunfan graduated from Tsinghua University, and then entered the Department of Electrical Engineering at Stanford University to study a master's degree; Yang Ning immigrated to the United States with his parents during his primary school in Xi'an, and then obtained a bachelor's degree in motor engineering at the University of Michigan. The Department of Electrical Engineering of University is studying for a master's degree.
    Chen Yizhou's evaluation is, "The two of them were the best students of the Stanford Institute at that time."
    Chen Yizhou initiated a Stanford China Internet Symposium at that time. Reaching an agreement, deciding to join the Internet boom, the specific direction is the virtual community. Of course, the business implementation is developing faster and developed faster.
    The virtual community, Chen Yizhou has its own understanding: the Internet is a new media, the virtual community is more likely to match the characteristics of the Internet. The Internet income pathway is nothing more than advertising and direct charging. Marketing is a good carrier. At the beginning of 1999, the three perfectly improved their business plan. Next, a family visited the risk investor in Yan Sandhill Street. By May, he returned to China to establish ChinaRen. The slogan was "Building the world's largest Chinese virtual community". Essence Chen Yizhou was the chairman and CEO, Zhou Yunfan was the chief operating officer and chief financial officer, and Yang Ning served as the chief technician.
    The name of the website is chinaren, but the company's name is Shaling Information Technology Co., Ltd., undoubtedly, Shaling corresponds to Sandhill.
    Simply, on the one hand, this was the most concentrated group of online users at that time. On the other hand, although this group still lacks consumption power, it will become the main force of consumption in the future.
    This around the virtual community, CHINAREN, which emphasizes technology, then launched: homepage, games, emails, logs, and users only need to register once, that is, they can use multiple functions. What is even more prominent is the alumni record, which is also the first application of today's social network.
    It this period coincided with the Internet bubble period, ChinaRN also did the homework of "burning money". In November 1999, the packaging and reincarnation band was held in December. "The premiere of Shanghai entered the Shanghai market with a sign, and began to sponsor the Chinese college student climbing team to climb Mount Everest. By March 28, the registered user exceeded 1 million.
    The good times did not last long, and the bubble of the network stocks quickly shattered. Yang Ning later lamented: I think sometimes the market power is very, very great, just like the power of nature. It is not that one or two companies or one or two people can be around. Like the power of nature, it is terrible.
    of course, at this time, China REN has begun to take advantage of the scale and still has room for mediation. On September 14, 2000, Sohu announced in Hong Kong that CHINAREN was acquired with 4 million shares, which was worth about 30 million US dollars at that time. "We invest in ChinaRenar's potential for the Chinese Internet market and the company's management of the company," said Schirley Lin, the largest institutional investor, said: "We invest in China. . "Previously, China RERN had spent more than 10 million US dollars. When the acquisition was acquired, the funds could last for one month.
    After entering Sohu with the company, Chen Yizhou's title was senior vice president, but in March 2001 he chose to leave. In an interview with "Chinese Entrepreneurs" afterwards, he said: "It's not a big shareholder, and you can't do the Lord. It is not interesting to stay there all day long." The opportunity, the network content was not profitable at the time, and the cash flow was access. Correspondingly, Wuhan was committed to building "Optics Valley". With such a chance, he met some partners at a light communication meeting in Dallas, USA. Of course, Chen Yizhou was regarded as an entrepreneurial experience, so he had the idea of ​​entrepreneurship. At this time, his emotions were still on the "starting a company and it would be worth 100".
    Chen Yizhou's thought of service can increase the dial-up Internet users by 50%-100%Internet speed, the cost is $ 5 per month. During this period, the United States had 50 million dial-up Internet users. "This is a big business." This is a big business. "Six months later, the team took out the optoelectronic chip, but to be put into use, it still needs to modify the network communication protocol and make improvements on the server. Since then, "9.11" occurred, the capital market was colder, and large companies were no longer interested in equipment improvement.
    , Chen Yizhou tried to find a chance on the IP phone, and it was still very unsuccessful. "People always change through such ridiculous things." Since then, Chen Yizhou has been dormant for a while, and he reads a lot of books during this period.
    Chen Yizhou later concluded: "The earlier the plan is, the better, and when you grow old, you will be too late. I am very lucky that I can fail in the early days of my life. This is very good." In the first half of 2002, in the first half of 2002, Chen Yizhou found that Sohu's stock price has improved. However, at this time, there are not many Sohu stocks he holds, "people have no eyes," of course, at the time, the portals caught the sudden outbreak of the wireless value -added service market.
    In April 2007, at the annual conference of entrepreneurial investment, Chen Yizhou reviewed that period: "I am too poor in the United States. McDonald's 3 -dollar McDonald's, I eat 5 yuan, I melted 80,000 yuan. "
    At the end of the year, Chen Yizhou brought a small amount from three Texas angel investors. Investment and return to China to start a business again, this model is clear, that is, SMS. He founded invitations to send SMS Technology Development (Beijing) Co., Ltd.
    has an innovation that after the user obtains the page through 18DX registration, if others send text messages or customized services on this page, they will get division. Chen Yizhou defines it as a wireless C2C. However, this model is regarded as a wireless alliance. As the operator policy adjusts, it has not been further developed. Of course, corresponding to the environment, the wireless business is still doing, and after half a year, it starts to make a profit.
    Chen Yizhou has actually missed the best period of SP growth. His previous partners, Zhou Yunfan and Yang Ning founded the air network in early 2002, formally established on March 18, and obtained 3 million after a few months. US dollar venture capital. On July 9, 2004, the air network was listed on the Nasdaq in the United States, only two years before and after.
    Chen Yizhou has a knowledge. In the future, SP will be closely linked to the Internet content, and the community can create enough content, so he once again focused on the community. So the DUDU network was founded, and this website borrowed the idea of ​​similar website in South Korea. The corresponding company interacts with thousands of rubber. The reason for this time is the many oak trees on the campus of Stanford University.
    In the process of this process, Chen Yizhou gradually paid attention to the cat flutter, which was attracted by his funny characteristics and entertaining style. At that time, the domain name was Mopper, and the website had only two servers. On the balcony of his house, "The cat and the webmaster and me were sitting in a shaking basket, just like two cats, shaking for a day, and we got it." After that, the cat with the domain name was changed to the MOP. Development, by the end of 2005, "After more than two years of growth, cat flutters are now ranked 45th in the world, and websites should be less than 10 in China." This has become a new foundation for Chen Yizhou.
    In May 2004, the Thousand Oaks launched a network download accelerator involved in the client field.
    In July 2005, Arseer's partners invested 10 million US dollars in interaction of thousands of rubber. Archa's partner is an important venture capitalist in the United States. It just invested $ 12.7 million in Facebook in May.
    One month later, Qianqi acquired the dating website UUME. Its founder and Liu Jian served as the chief operating officer of the Thousand Oaks. Liu Jian also studied at Stanford. He was Chen Yizhou's schoolmate. One section said: Chen Yizhou sold an old car to Liu Jian at a price of $ 6,000, but in the next few months, Liu Jian spent more money to repair it to repair This car.
    At this time, Chen Yizhou had a theory: his user group was concentrated in students and young white -collar workers, of which more than 80%of community users were located in developed regions in China. The community promotes people to use wireless and client business. In turn, wireless applications and clients have strengthened the community status.
    of course, he also emphasized that in the future advertising potential of the people -centered community, in an interview with the First Financial Daily, he said: "When a user on a street in Wuhan When surfing the Internet, the advertisement of the hot noodle restaurant next to his home pops up on the webpage. I sell two cents for the bowl of hot dry noodles. This is the extreme of my ideal online advertisement. "
    th December, at the end of October, thousands of The rubber announcement, cat flutter will merge DoneWs through 100%stock exchange. Chen Yizhou later wrote a article saying: The future of DoneWS and cat flutter will become the two major websites of thousands of rubber companies. The user groups of the two and the core value of the user created by users are very different, and we will never forcibly integrate the two.
    On March 7, 2006, the Thousand Oak Interactive Group officially announced its investment of $ 48 million. Investment is jointly completed by the United States Pan -Atlantic Investment Group, DCM (DOLL Capital), TVC (Crossover Ventures), Accel Partners and Lenovo Investment. Among them, GA contributed more than half, GA was established in 1980, and management assets reached $ 8 billion. Previous investment projects include Lenovo Group, Shenzhou Digital and Mid -Star Microelectronics. The founder of the school network is Wang Xing. Wang Xing, born in Fujian in 1979, was sent to the Department of Electronic Engineering, the Department of Electronic Engineering of Tsinghua University in 1997, and later received a full scholarship to enter the Department of Electronics and Computer Engineering at the University of Telahua University. Wang Xing returned to China on Christmas day in 2003.
    The first project is "a lot of friends", which is undoubtedly a dating website, and then found that users accumulate slowly.
    The second project is "You Zi Map", that is, overseas students upload digital photos to the website. After the website is printed in China, they mail to their family. "This project has some income. With cost, its benefits at that time were not enough to make up for our costs. "
    of course, Wang Xing will undoubtedly notice Facebook of the same period. In March 2006, he recalled during an interview with a website: I see in 2004, I see it in 2004 I went to Facebook, but I didn't feel anything. In the first half of 2005, I went to see it again, and I didn't see anything.
    later I saw some reports. In the second half of 2005, I went up and looked at it carefully. There was a kind of experience that it felt that it was the representative of SNS. In this case, in December 2005, Wang Xing's team launched the school internal network. The initial users came from Tsinghua, Peking University, and People's Congress. "They have the best network conditions and are easy to promote."
    back to look back, and then look at Chen Yizhou. After obtaining the funds, the Thousand Oak Interaction began to expand rapidly. In order to classify websites, similar to.
    ical diversification of business, Chen Yizhou explained in an interview with "Global Entrepreneurs": The second wave of entrepreneurs on the Internet must be more difficult than the first wave. , Everywhere is an open space, you can take one piece. There are already a few big cities. We can only be guerrillas, while looking for a few relatively fertile grasslands, gradually becoming small villages and cities. Looking for other grasslands.
    but the process of finding this seems to be quite bumpy. On September 27, 2006, Qianqian suddenly announced the layoffs of 150 people, and at the same time cut off the video and other departments. In an interview with the "Beijing Morning Post", Chen Yizhou explained: Playing micro -videos requires huge bandwidth investment, but competitors can have hundreds of hundreds Home, Qian Qian Oaks are unwilling to bet on the treasure. "I will use 10 people for three years."
    Thenasiers were canceled at the same time. The network download accelerator was in the vortex of rogue software controversy. "I don't do controversial businesses. This is a place for right and wrong. For thousands of rubber, the most important thing is goodwill."
    . When I was interviewed by DoneWS nearby. When talking about young employees, Chen Yizhou said: I definitely disappointed them. I found the bubble very early, and I shouted a bubble early, but the action was still a little late. "There is no way for our industry, there is a lot of fashionable phenomena. Instead of keeping it in the end, it is better to retreat and retreat. Early withdrawal and less losses." Chen Yizhou said: 2008 is an important advertising year. Cat fluttering. In the morning marketing with DoneWS, you can make a relatively earlier plan. In 2008, there was a better harvest.
    The April 2007 "Global Entrepreneurs" published the article "Thousand Oaks", "Although Qianqian has announced that the income scale reached 80 million yuan last year," but the person familiar with the company said that the policy change has made it wireless wirelessly. The business income was 2/3, which directly led to the sudden layoffs of the Thousand Oaks in September 2006.
    On November 24, 2007, Qianqi announced the entry of the portal. The new portal of Cat Pushu.com includes three parts: news center, interactive center and entertainment center. Thousands of rubber claims that the cat will highlight the interactive function compared to traditional portals.
    only a month later, Qian Oak announced again that based on cost -based considerations, the second round of layoffs were conducted. The plan to cancel the online business department, and the department responsible for the media's foreign publicity will also cancel.
    By January 2007, Qian Oak stated that not only did the personnel changes, but the related business lines would also be reorganized, while reducing the corresponding marketing promotion and community support personnel. So the employees recruited by the cats who had just announced the entry into the gate were facing an embarrassing situation.
    , in the afternoon, it is a lucky year for Chen Yizhou in 2006. In fact, after the launch of the school internal network, Chen Yizhou has been talking about the acquisition, but there is no result. During the summer vacation, the campus and 5Q began to confront each other. The internal network was promoted through the campus ambassador of colleges and universities, while 5Q "user registration changes chicken legs", and then someone repeatedly registered more than 40 chicken legs.
    , in September 2006, due to the unclear business model of the school network in September 2006, the financing encountered difficulties, and it was finally sold to Qianqian. The price of the industry is $ 2 million. At the end of April 2008, the media revealed that SoftBank injected thousands of rubber to make Chen Yizhou's popularity again. This round of thousands of thousands of rubber financing was as high as US $ 430 million. In addition to investment from 384 million US dollars from SoftBank, there were Joho Capital and SBIs. Strategic investment. As for SoftBank's capital capital, Chen Yizhou explained that Sun Zhengyi was consistent with his judgment on the Internet. "We all think that the real SNS is the largest application on the wireless Internet."
    Under the halo of capital injection The logic is clear. In November 2007, the number was that in the college student market, the internal network has 2,200 universities, more than 18 million college students, and 9.8 million active users. On November 20, the school network held a press conference, saying that they were entering the white -collar market and high school market. Undoubtedly, this is consistent with Facebook's idea.
    In the announcement of the capital injection, Chen Yizhou said in an interview with the website: The school network basically monopolized the college student market, with 90%of the coverage rate. Almost all college students on the Internet are lying here, and they like it very much at first glance. At the same time, we are vigorously expanding white -collar and high school markets, and their progress is very good.
    Hon Bo commented on the editor of Donews: Considering the gap between the school network compared to Facebook's innovation capabilities, expansion capabilities, and development stages, the valuation of the school network seems to be outrageous. Of course, since Sun Zhengyi is willing to invest at such a price, he will naturally have his truth.
    Prior to financing disclosure, Chen Yizhou said at the media exchange conference: "The domestic SNS battle has also ended." The most scarce resources in this industry are users, and users who like to use this service are limited. Perhaps China may also be. Two or 30 million. After the financing disclosure, he emphasized that he thought so without financing.
    , although it has been bumpy, Chen Yizhou's conclusion is still a bit earlier ... In the beginning, people did not pay attention to social networking sites with the domain name Kaixin001, but then from the invitation links of instant messaging software and emails from various places. Finally prompt people to experience it. Later, it was attracted by the friends of friends to buy and sell and parking games. I was very happy. In order to get more virtual currency, I soon joined the team that enthusiastically invited friends to join.
    Since May, on the traffic statistics website Alexa, the curve of Kaixin001 continues to rise. People are curious about the website in this "test". Its address is Room 306 in the North Building of Xinya Building, No. 63, West Fourth Ring Road, Haidian District, Beijing. This is a four -story. Some old buildings can be linked to the website that changed the content of the city's white -collar lunch break from any angle.
    of course, people pointed out that on Facebook, friends can find prototypes, that is, the component "Friends For Sale" and "Parking War". On the other hand, in the sale of friends, some ways of interaction are somewhat ambiguous, causing reveries, or this is also an important part of attracting people's attention.
    Wu Jiong, the investment partner of Northern Light Venture Capital, revealed to the media that Arctic Optical Venture Capital will provide Rishamous Investment of 4 million to 5 million US dollars. "This is just the first venture capital. According to the model of the Northern Light, wind investment funds will continue to be added." In fact, in September, according to Alexa's statistics, the traffic of Xingxin.com has caught up to the school.
    Although the business model of social networking sites is still exploring, the usual experience of the Internet shows that if a way can easily get a lot of traffic, it is easier to make a profit from it. People point out that parking games are linked to car brands, so the launch of buying a house can also be combined with the promotion of real estate real estate brands.
    During September, during the Chinese Internet Conference, the rise of Happy.com, Chen Yizhou said: We are competing in different fields. I think the biggest feature of Xingxin.com is the invention of online games that two white -collar workers like to play. There will be a lot of such companies in the future because its barriers are not high and it is easy to imitate.
    The afterwards, Qian Oak surprised everyone. Thousands of rubber confirmed that the domain name Kaixin had been purchased, but it said that there was no plan for the time being. Four days later, Qianqian launched KAIXIN, which is similar to the promotion method to specific content with KAIXIN001. After returning to God, IT critics called it "Cottage Happy.com". After that, this triggered the emergence of a large number of other "happy networks".
    The "cottage" said that Chen Yizhou responded, "If Kaixin is a cottage version, Baidu also has to say that it is a cottage search." And positioning the internal network and Xingxin.com, he explained: This gameplay is equivalent to in Starbucks. There are several game consoles in the store. People who drink coffee will definitely play games. The two are not completely conflict.
    . Different from Kaixin001, Chen Yizhou, who has achieved financing, is facing the pressure of profit. The pathway is online games. "At present, we can live well. It has been done in this regard. Now the game department is already the largest number of people in the school. "
    The new logo officially opened the new logo and announced the new positioning as" interactive communication platform ". The age layer of SNS has expanded from the original young people to all ages. Chen Yizhou emphasized that "the ultimate goal in the school is to magnify the strong user base advantage to the limit, create an interactive communication platform, and become part of all netizens' daily life." On January 21, 2015, according to the Wall Street Journal, people reported that people were reported that people were reported that people were reported that people were reported that people were reported. The people's company invested $ 40 million in the stock trading website company Motif INVESTING, which is the latest move from the Chinese social network to bet on financial technology startups.
    MOTIF Investing, headquartered in San Matio, California, runs a website, which allows users to form, share and invest "one basket" shares in the established category, such as online games, precious metals and social responsibility companies Class stocks.
    The as of 2015 with about 120,000 users, as of 2015, and the cost of buying a specific basket of stocks was $ 10.
    I. As part of the investment agreement, Chen Yizhou, the founder of everyone, will join Motif's board of directors.
    On December 16, 2015, he attended the opening ceremony of the Second World Internet Conference as a guest.

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