Network news Zhu Ming: Dream One after another

Two days before he met Zhu Ming, he had just won the title of "The Most active angel investor in China". He, who had been close to his age, stood on the same podium as Feng Deng, Shen, Zhang Xiangning, Zhou 祎, who were younger or even more than 20 years younger than his teenage years. However, Zhu Ming never put the age to heart, "people must keep the psychological young, psychological old, people are over." 7 years of rural jump-cutting life, so that Zhu Ming cherish the time, "people can not live in the memories, must live in the future, live in the dream."

Farmers, university students, workers, international students, entrepreneurs, investors, Zhu Ming life is not rich.

Half a month ago, Webex, the founder of the company, had just been bought by Cisco, the US communications equipment maker, at a price of 3.2 billion dollars, and he is now a NEA investment partner and chairman of Cybernaut (China) venture Capital Management Consulting Co.

from the country in the queue to Stanford University.

Zhu Ming is Zhejiang Ningbo people, high school graduation is encountering the "Cultural Revolution", to the outskirts of Ningbo queue for 7 years. 1977, he was admitted to Zhejiang Agricultural University tractor Design and manufacturing professional, after graduation was assigned to Ningbo Refrigerator Factory work, a year later into the Zhejiang University of Industrial management graduate students, graduate, and the University of Management in the first place of the results of the United States to enter the school of engineering and economic system. Zhu Ming spent 7 years to make up for the 7 years he had lost in the countryside, when he came to the United States when he was 36 years old.

Just arrived in the United States of Zhu Ming a bit Meng, carrying a broken bag, English is stuttering, "Stanford University, so many young talent, I do not pull, I thought this is over." Zhu Ming of course did not "finish", just as he to go abroad TOEFL, one by one to recite more than 20,000 words, at Stanford he worked together on the next thousands of exercises, and an average of a made him take a master's degree in a year and continue to pursue his PhD, "I think there is no shortcut to success, I do not believe that there is a free lunch, Success is a little effort by people.

from ignorance of computers to it

The summer of Stanford, Zhu Ming in the classroom corridor to see an IBM urgent to recruit senior computer engineer news, suffering from the past did not learn the computer, the opportunity to slip between the fingers. 3 months later, when he saw that the advertisement was still hanging, under economic pressure, Zhu Ming decided to try anyway.

Zhu Ming went knocking on the professor's door and asked if he could do it. The professor said: "This project is waiting for you to do, why didn't you come earlier?" Zhu Ming after listening to happy and surprised, later learned that it is his academic record to help busy. In this way, he started the IBM Computer Research project.

Without a computer base, Zhu Ming had to study hard, but fortunately his son had come to Stanford to read computer science, with a teacher nearby. As he studied, he finally solved the IBM Research project.

In the process, Zhu Minxue to a lot of computer knowledge, which for his future career in the IT field laid a good foundation, and he also gave up the opportunity to continue to study PhD, in the United States, some IT companies work, and began to embark on the journey of entrepreneurship.

In 1991, an accidental opportunity, at a technology show at Hewlett-Packard, Zhu Ming learned the concept of "Conference presentation Communication System", which he intuitively believed contained a wealth of business opportunities. He invited a friend as CEO to create a company--futurelabs, while Zhu Ming himself as CTO of the company (Chief technology officer). Later, because Microsoft launched a free model with future applications similar to the netmeeting,1996 years, Zhu Ming chose to future L ABS to 13 million dollars to another company.

After the company sold, Zhu Ming again to start a business. In 1996, he co-founded the web with friends in Silicon Valley. 4 years later, the network in the Nasdaq listing, the market value of more than 1.6 billion U.S. dollars, investors hailed as "the stock market tomorrow Yahoo." The rapid growth of the Internet began in 2001, when the recession made companies unwilling to pay for expensive large software, and the monthly online account only charged 100 of billions of dollars in Internet products began selling. In 2003, Forbes was named one of the 25 IT companies that grew fastest in 5 years.

from making investments to dreaming of building a research institute

The internet was acquired, Zhu Ming a chapter in the personal history of the United States was turned over. Now, Zhu Ming 80% of his time in China, he said, his first goal is to "repay the debt", "the country's government to study the 20,000 dollars back."

In addition to the "debt", let Zhu Ming Echocardiography is, "back to China, and so many people full of entrepreneurial passion together, you can see so many opportunities, how happy ah".

Create a network of great success, so that Zhu Ming have enough capital and experience to do some angel investment. "I am a business background, the entrepreneurial team has a passion, now feel that the investment industry a bit more, to be careful, cast no help and bad." But sometimes you can't help but keep throwing. ”

Zhu Ming has its own criteria for choosing the investment object. First to be very passionate, "like the Passion of first love, Sheshengwangsi, like, to make a success of one thing", and secondly, to work very hard, will not give up halfway, to be down-to-earth to do; again, to have a certain experience and experiences, "struggled for a few years, eat the ups and downs, rather than suddenly out of the entrepreneurial"; Also have personality charm, "entrepreneurial success is actually the sales concept of people, to the concept of sales to the team, sales to investors, sales to customers, sales to partners, to some extent, is to do an impossible thing."

A discerning eye can see that Zhu Ming's choice of standards is in fact his own version.

Zhu Ming's choice of an entrepreneur in Hangzhou is "nonsense", a man who developed a laser test instrument, more than 30 years old, the doctor just graduated, bald, wearing jeans, "I like him very much, but I did not calculate to him, in the end can be a few times in return, when there is return, I gave him 500,000 dollars, let him do." The Doctor also did not disappoint Zhu Ming, next year the company will be listed, and told Zhu Ming will give him 50~100 times the return.

"You want to do a thing, but there is no time, energy, and someone willing to do it, to help you achieve a certain kind of dream, then I will take some money to let others do." "Zhu Ming enjoy the investment process.

While it is investing, Zhu Ming's biggest dream is to build a research institute, a model similar to Stanford University's International Institute for Innovation, which will be set up at his alma mater, Zhejiang University, for which he will donate 10 million of dollars to Zhejiang University.

In Zhu Ming's vision, this innovation Institute is like a kitchen, "there are so many Chinese students in the world, Silicon Valley has a lot of talent, we bring them into the innovation, the Chinese people will have a lot of benefits." ”