Wang: The worst luck serial entrepreneur loses a history

Wang said he and the rice are no longer a radical person and company.　　(South Weekend reporter Chepeng/figure) Author: South Weekend reporter Chepeng from Beijing from school, Rice to the domestic, Shisen Wang, always first step, also always with failure final, behind the reason is?　　In the Internet industry repeatedly defeated war, many times from the pioneers into martyrs, by the industry dubbed as "the history of the most unlucky serial entrepreneurs" Wang, recently to the happy event repeatedly. 505 days after the cessation of service, the rice has been "served" again from the evening of November 25.　　The 31-Year-old Wang, who founded the country's first Twitter-like information-sharing web site three years ago, once owned millions of users, but after the authorities stopped last July, Sina Weibo, which has attracted 50 million users, has taken its thunder. And Wang later set up a group buying site, the United States network, recently finally announced its access to Sequoia Capital "more than 10 million U.S. dollars" venture capital.　　This is the first time in nearly 7 years Wang venture to melt so much money, after his biggest financing is the net period once got the 1 million dollar VC (venture capital) framework agreement. Although it is late to today by the capital market "official" recognition, but Wang in the past 7 years has been founded in the network, the rice NET, the domestic network and the United States Group network, but all led the trend of the industry, is a pioneer in the market.　　It's just that the first three sites are either short of money to sell or shut down.　　These stories from the pioneers to the martyrs have become the most necessary cases for venture capitalists, peers and start-ups to explore entrepreneurship and management.　　Untimely？ November 29 more than 2 o'clock in the afternoon, the Southern weekend reporter saw Wang, he just finished eating a bowl of noodles downstairs. Just two months ago, Sequoia Capital invested tens of millions of dollars in the accounts of the United States network.　　But the Wang across the face was placid. Talk to Wang, the atmosphere will be more serious. He spoke with a small voice, a doll face, but not too much of a laugh, a scrupulous man.　　A media colleague who has contacted Wang in private has said that Wang in the circle of acquaintances is very open, totally two people.　　Before 25 years old Wang, has the typical students type experience: from Fujian Longyan One was walked to Tsinghua University, graduated obtains the scholarship to study in the United States. In 1997, Tsinghua University, the Department of Electronic Engineering Reading, Wang attended the Tsinghua students troupe Dance team, jumping is called "loess yellow" traditional dance.　　Bare-chested, with a chest-drum strapped to his chest, and a pair of coarse trousers. For such students as Wang, many people end up as the docile "home pig" in the entrepreneur's eyes, rather than the "wild boar" that moves. But Wang finally turned into a "wild boar", which has a lot to do with his participation in the Tsinghua Technology Entrepreneur Association during his college years, and many of the people in this association later became the leader in China's VC field.　　Wang also completed the initiation of entrepreneurial thinking. In 2001, Wang, who graduated from Tsinghua University, received a full scholarship., and went to the University of Interlaken to study for his doctorate.　　His mentor was a high honor, the first mainland scholar to get a ph. D. In computer Science from MIT. At the beginning of 2004, the 25-Year-old interrupted his PhD at the Department of Electronics and Computer engineering at the University of Interlaken in the United States, where he returned to business. "At that time, in addition to the idea and courage, nothing, I finished undergraduate went to the United States, in addition to the students no social relations, back to find a college classmate, a high school classmate, three people groping in the dark to open dry."　　Wang recalls. Before the establishment of the net, Wang had two short unsuccessful entrepreneurial experiences. One was to start a social networking site, but soon failed.　　Wang the "Toto" the failure of the reason that "everyone can come, but the result is that everyone does not come." Another is the creation of "wandering map." This is the service of E-commerce site, Wang in foreign studies, found that foreign digital cameras are very common, and the parents of students in the country is not too accustomed to use computer to look at photos, the wandering figure can let the wanderer in the overseas digital photos sent to the domestic, through the network to pay, by the wandering map of the website to send their parents,　　But people who are too fragmented to gather this part of the demand also incur failure. Wang that the main problem with two failures is not the lack of money but the lack of user demand.　　In his words, "entrepreneurship is a need to find some kind of demand and then solve it." At the end of 2005, Wang founded the SNS website which aims at the student group user.　　Wang's copycat target, Facebook, the world's most popular social networking site, was founded a year earlier than Wang.　　But when the number of users in the 2006 campus network increased, Wang did not have the money to increase the server and bandwidth, only grief will be sold to the network of thousands of Oak Interactive Group CEO Chen A boat, the latter from the Japanese soft silver melted 430 million U.S. dollars, and the network into Renren, is now ready to go public Before someone asked Wang why always lead a step, Wang once confidently said, "some things will happen." "This fatalistic view of Wang comes from a book he calls" the alien. " The book argues that business leaders were chosen by the Times, for example, Bill Gates, Steve Jobs and Bill Choy were both born in 1955 and later became founders of Microsoft, Apple and Sun.　　The 1975 was recognized as a milestone year for PC development. But in an industry personage who does not want to be named, it seems that Wang repeatedly defeated the reason is not precisely because of the time, but the untimely.　　Wang many failures had little to do with his own abilities, but Wang tragically caught up with the changes in the Internet's big environment. Wang back in 2004, it is China's internet into the strong era of the beginning of the strong. Prior to Sohu Zhang, Grand Chen and Tencent Ma and other Internet bosses can quickly create a new situation of the era has ended, the internet industry from the era of entrepreneurs into the era of giants. and the investment communityThe source is also tilted towards several giants, forming their own coterie. Wang unfortunately caught up with the times.　　So, although the Wang of the net has millions of users but not the money, and after selling Chen a boat, investors have come to the door line.　　"Just have a good technology and vision is not enough" Wang repeatedly defeated the reasons for their character and work is also not unrelated. May 12, 2007, Wang launched a micro-bo "Rice", the founder of micro-blogging industry Twitter in the United States, the time is only half a year. Before the shutdown in July 2009, Rice was the leader of Weibo. And only in less than 1.5 of the time, Sina-dominated several major portals of the micro-blog has almost sucked the meal no net that year's users.　　At the beginning of July 2009, Rice and a VC investment in the framework of the agreement are set, but the site was suddenly closed let this investment bubble soup.　　A VC company in charge of its evaluation said: "He is a highly qualified talent, but in China to do the internet has its own characteristics, only good technology and vision is not enough, wrist, network and political acuity are decisive factors in life and death."　　Wang some of the characteristics of personality, and let him really become an internet industry in some kind of heterogeneous, not by some investors like. "Sometimes talking does not consider the feelings of others, I remember one time he and a few people to NetEase interview, when the special fun, the host asked him a question, he said you how to ask me this question, make the host very embarrassed." Privately we all think he is so arrogant.　　The founder of a group buying website, who declined to be named, told Southern Weekend reporters.　　Once as an Internet guest to participate in that NetEase video topic Cnbeta Deputy Webmaster Yangfan recalls that, in that interview, Wang gave him the feeling is a very sensitive person to do things, not talkative technical man, not too mature character. In the group buying website handles the investment company Jinsha River Venture capital partner Zhu Yuhu Eye, Wang is a technical talented person, is not good at the enterprise management. More suitable for cooking no such site, not suitable to enter the group buying industry. "You can go to the industry to ask, we all feel Wang in management and people do not too mature." He is clever, very clever, but too clever.　　Zhu Yuhu said the investment circle is generally not very daring to cast Wang because "there must be a reason why a person has failed so many times." And Wang said, this is Sequoia Capital initiative to find the United States Regiment.　　However, 4 years ago, Sequoia Capital to Wang vote once. It was December 2005, Sequoia Capital found just founded 10 days of Wang to talk about investment.　　Sequoia Capital, founded in 1972, has invested in Apple computers, Oracle, Yahoo and Google. Wang talked to Sequoia people several times, for the first time, Wang and his partners landed a business plan in a taxi and had to write a two-page profile on the sidelines of the waiting space.　　The second time, he used to operate the Linux system is not always connected to the projector. Finally, Sequoia Capital chose the kingXing network of competitors-occupy the net. In many people's view, Sequoia Capital abandoned Wang because he and the team showed the jerky and immature.　　This team member is his high school schoolmate, the university schoolmate, the girlfriend, Tsinghua's division brothers. In fact, the net eventually decided to sell Chen a boat, although it is Wang made the final decision, but not Wang intention.　　One reason for the sale, he admits, is the greed of the team and the fear of the unknown future, which has been discussed many times and finally made the decision. Wang many friends said, he has been in character is not too like to beg what, is the kind of forced to bite the bullet to borrow money to finance people.　　But Wang said that this is a misunderstanding, he just felt that financing is not a business must go through the process, the key to see whether this thing needs a lot of upfront capital investment. "The company was bought, not sold" after the introduction of rice not long, November 2007 Wang launched the domestic network, hoping to expand the social network from students to white-collar groups.　　A few months later, the white-collar workers are hot to announce the launch, and by virtue of social + games + advertising clear business model quickly over the domestic network. With the July 2009 meal is closed, the use of the same server in the domestic network is also invisible.　　Now, although the meal is restarted, but Wang said, the domestic network is still sleeping on the server, can wake up, "now is really not handled." March 4 This year, Wang again shot, the United States Group Network officially online.　　The site is recognized by the industry as the first in the mainland real sense of the Pioneer site group purchase. Whether the school or the domestic or the rice is not, are no profit point enterprises. To the United States Regiment, Wang began to choose a clear profit model group purchase site-to help others sell things online, collect commissions. The United States to create the initial use of the meal is not the original team.　　Operation to this day, in the words of Wang, although there is no net profit, there are Maori. As for why he was always up early and catching a late set, Wang said that he was very good at discovering new things and their value quickly, and needed to get rid of the shackles of old ideas.　　But also because of too much disregard of various traditional shackles, so in the latter part of the entrepreneurial operation, this limitation is reflected. Although everyone says Wang is keen on the market, he still feels that he is not doing his job fast enough. For example, the school began to do "211" of the key universities, but at that time the undergraduate university is more than 700, "211" outside of more than 600.　　Later, the two or three-tier college market was soon occupied by people. Some people say that Wang gradually become mature, especially after the meal has been Wang after the event, has become a businessman from a scholar. But Wang denied this, saying, "In fact, some people say that Rice is the boundary of a sensitive topic, which is misreading." We never think of food as a media development. Wang specifically to southern weekend reporters stressed that Rice is in China's website, they will abide by laws and regulations. Wang says he has no desire to challenge something he or she is no longer a radicalPeople and companies. But some ideas still don't change. For example, in the treatment of venture capital, Wang still insists that the company is bought, not sold, must be buyers to find entrepreneurs, not entrepreneurs holding companies everywhere to sell. Because, 10 years, all the U.S. big VC have entered China, good projects do not worry about no money.