Give me 300 million bucks. I can do another Sina-air network Yang Ning

Sina from thrifty into extravagance, from extravagance into thrifty difficult. 1999, Yang Ning as the first batch of the Internet banner to return to the entrepreneurial "turtle", and Zhou Yun fan, Chen a boat co-founded the Chinaren website. But spending the soft beauty of the night into a bubble, September 14, 2000, the first round of the dotcom bust, Yang Ning and his entrepreneurial partners in the face of the plight of the inability to pay employees, had to choose to merge into Sohu. The so-called reign, March 18, 2002, Yang Ning again entrepreneurial, and Zhou Yun fan founded the "Air Network", a comeback. Air network President Yang Ning became one of the youngest founders of the Nasdaq-listed company on July 9, 2004, when the Internet was listed on Nasdaq in the U.S., the company that took the shortest time from its founding to Nasdaq.

After a surge of unprecedented catastrophe and then a comeback, the young president of the public company still with a confident smile. Recently, Yang Ning sat in front of reporters, told the entrepreneurial ups and downs. The brutal game of challenge and opportunity is slowly unfolding in his jokes, for another ups and downs of business legend.

　　When Charles Zhang didn't buy it, we went bankrupt.

"Assuming Chinaren can live to this day, I believe its influence in China should be the same as that of MySpace in America," he said. "When you say this, Yang Ning's eyes emit a sharp glow."

From Stanford University after graduating from the first venture at the beginning, Yang Ning very scenery, he and Zhou Yun Sail, Chen a boat together to create Chinaren alumni This new business model, big gain eyeball. But soon he landed in one night, leaving a bubble.

September 14, 2000, Chinaren to 33 million U.S. dollars in price, together with more than 200 employees, sold to Sohu. In just 5 months, the value of the Chinaren, which others had not sold for 100 million dollars in the heyday, shrank by One-third. Even if it is said today that the pain of the selling, Yang Ning heart still vaguely uncomfortable.

Win Weekly: You spent one weeks to Guangzhou several universities to make speeches, the most important key word is entrepreneurship. What is your understanding of entrepreneurship?

Yang Ning: Why do I have to do the aerial network? The reason is that when I go to school, there are many well-known entrepreneurs, such as gates, Yang Zhiyuan, often to the school lectures, they will talk about their family history, you will find these people are very ordinary people before becoming famous.

What are the prerequisites for success? Confidence. One of the biggest achievements of Stanford University is confidence. When Clinton was elected president, the United States placed a picture of his life. It was Clinton's high school, and as an excellent student representative of his state went to the White House to see Kennedy, a picture of his shaking hands with Kennedy. After that, he had the idea of becoming president. I was also infected with the speaker, to dare to dream forward.

Win Weekly: In the Internet business for so many years, your most memorable thing is?

Yang Ning: There are some of the most important days that I remember most. September 14, 2000, Chinaren merged into Sohu. July 9, 2004, the Air network listed. It's just these two days.

Win Weekly: September 14, Chinaren merged into Sohu, a lot of people said you sell, let Charles Zhang picked up a big bargain.

Yang Ning: I can't say that. If Charles Zhang had not bought it, we would have gone bankrupt. Like the war, many people put the home collection of ancient gems, calligraphy and painting to change points rice, can, at that time sold must be deficient, but if you do not put your ancient gems, calligraphy and painting to sell, you starve, so hurriedly to change rice ah. It was a very memorable day. Then the PC Internet bubble, into the cold winter, trough. I often say that, when you are proud of the time not to be carried, in your frustration when you can not lose faith, then is a test of faith.

July 9, 2004, the air network listed, I said another sentence, proud of the time not to be carried off. So when we came back from the U.S., we didn't even have a celebration. This is a surprise to many companies. Because many companies, whether in the domestic SSE or the Shanghai stock market, will open a cocktail party.

　　Give me 300 million bucks to be a Sina again.

The whole class into Sohu one year 06 months later, Yang Ning and Zhou Yun sail with a group of people resolutely submitted resignation letter. They chose the Wireless internet field, a comeback, the creation of the "Air network." In just 2 years and 2 months, the Internet was successfully listed on Nasdaq in the United States, refreshing the time record for Chinese companies to go on Nasdaq, Yang Ning and Zhou Yun-Fan created a business legend.

The first round of the dotcom bust did not shatter Yang Ning's entrepreneurial dreams. Speech and the Internet, he was a veteran.

Win Weekly: What's the difference between PC Internet and wireless internet startup?

Yang Ning: I think there's a lot of difference. First, the time difference, 1995 years of entrepreneurship, not too many "turtle" back to China. Second, investment in China is not as hot as it is now, and investors in China are more sceptical than they are now. Third, the whole market environment is not so clear now, has been wandering in this area.

Now there is a big difference: first, overseas investment institutions are generally optimistic about China, a large number of funds into China; second, entrepreneurs are gradually increasing. Many "turtle" teams swarmed. Also, ordinary employees pay more attention to the atmosphere when looking for a job. These are very different places.

Wireless internet and PC Internet entrepreneurship, I don't care what the industry is. We do 2002 years of aerial Network, the next 10 years, wireless internet will become a huge market growth and change the product of people's Daily behavior, so under this premise, I definitely want to join this market. If I was born in 1875, I would be a car, because at this time, the best entrepreneurial opportunity is to do the car, do the engine. Later, the semiconductor, the 1950 's Semiconductor, 1970 to 1980 is to do the software, 1990 is to do the PC Internet.

I think China's wireless internet market is bigger than the PC Internet market. Because China has 400 million mobile phones, and it is growing rapidly. Do you see how many PC Internet companies there are in China and how many wireless internet companies there are? Wireless internet companies are still very few, I think the competition is not fierce. In this process, I believe that many enterprises will succeed.

Win Weekly: What do you think about the size of the wireless internet market?

Yang Ning: China now has 100 million netizens, 60 million PCs, 400 million mobile phones, look at this data, you can see. And we think the market will be bigger, since the first day.

Weekly: What is the secret of the success of the air network emerging in the wireless internet field?

Yang Ning: I and Zhou Yun sail special attention to pinch time. We know which things should be done in 2007 and which should be done in 2008.

Why is it premature to be fatal? Because the market is from the flat to turn up the curve slowly, so the curve in the flat is a very long process, but also a very painful process. Many companies consume their energy and money without waiting for the curve to rise, and the most important thing is the bang morale. Just as the U.S. military fought the war in Iraq, it was very uncomfortable. At the inflection point in advance a small paragraph of bang rushed up, is the best. So what you do early is not necessarily successful. Many markets are the first people to die first, later people pick up the benefits.

I often compare myself to the Internet veterans, in fact, we are the first batch back to do the Internet "turtle."