91 Foreign teachers prostitution: Shanhaiyan Dream Broken heart from the pocket to 180 employees severance payment

After setbacks, 91 foreign network founder Shanhaiyan finally took a key step: 91 foreign teachers of its business were 51Talk wholly-owned acquisitions, which means that after two years of struggling, Shanhaiyan finally shattered online education. This is another unhappy ending. In September 2014, Shanhaiyan's ladder nets and the good nets are preparing to do a great job, suddenly encounter Shanhaiyan all shut down, Shanhaiyan to the development of the center of gravity transferred to the former 91 foreign network. Also in that month, the former 91 foreign teacher net CEO Zheng Jinli in the circle of friends said: "At the end of 2013, Gong always wanted me to fight for the honor, 5 months, we realize the revenue of the million, and today again for the dream of war, colleagues, 91 still." "Just a few months, Zheng Jinli and Shanhaiyan parted, joined the education company a good future." In just a few months, 91 foreign teachers were suddenly "sold out". So one of the top 91 foreign teachers said that the 51Talk acquisition of Shanhaiyan is also a relief. Second venture encounter a real dilemma 91 foreign Education Network by 51Talk wholly-owned acquisition is a relatively good outcome, the ladder nets and the good network of large layoffs and shutdown shocked the entire online education industry, and even triggered an online education bubble early warning. That year Shanhaiyan the glory of the listed company, as the founder of the Century Jiayuan, from the century Jia Yuan Jiliuyongtui after the non-stop start two times, and one into its original mode of the environment-online education. Shanhaiyan's heart is very big, in early 2013 just launched the online oral English 91 foreign teacher net; in the same year, the introduction of the entire subject of primary and secondary school K12 field of teaching resources sharing platform Ladder network, 2014 also launched the main K12 field "Interactive live" that good network. The launch of the three websites is thought to be a new roadmap for China's K12 online education market. However, the long time, Shanhaiyan's grand ambition soon encounter real dilemma. In the September 2014, the ladder nets and the good nets faced total layoffs. Only in the November 2013 Ladder Network conference, Shanhaiyan said it would burn 450 million to make a ladder net in 3 years. She said in a passionate tone: "To do ladder nets, the amount of money millions of, tens of millions of is not eligible to come in." This is a big gamble! On the eve of the Shanhaiyan release layoff mail, Ladder network channel team has been cloth all over the resources, only waiting for the Chongfeng immediately out of the ring, many people even fell into do not know how to cooperate with their own years of education Bureau and School Metasomatism embarrassed. Shanhaiyan obviously underestimate the difficulty of online education, such as all the Chinese textbooks have dozens of editions, want to let the ladder network of all the questions of the test book, only to keep increasing the content of the bank, and millions of topics let ladder nets spend tens of millions. The huge promotion and the content expense, lets the Shanhaiyan financing soon burn out. Shanhaiyan to all employees to confirm layoffs, said the company had spent a few months ago the company financing, is always using their own funds to support the operation of the company. Shanhaiyan frankly two times entrepreneurial too optimistic, make the front pull too long. "I think IWe should shrink the front line and focus on the projects that are likely to be made. "This makes it back to the original point 91 foreign education Network, unfortunately, the same time not long." Exhausted from the expense of severance pay to employees as a well-known Internet success, Shanhaiyan entrepreneurship Project 91 foreign Education network quickly received capital favor, 91 foreign Education Network was established soon to obtain the 4 million dollar a-round investment of NetEase capital. However, there is a big problem with Shanhaiyan entrepreneurship. The reason for Shanhaiyan's involvement in online education is simple, century Jia Yuan listed road performance, due to poor English, can only rely on translation, wasted nearly half the time. It kept her brooding. Starting from their own needs, Shanhaiyan choose online Education. A top 91 foreign education net high-level said, Shanhaiyan this kind of practice both right and wrong, that year Shanhaiyan is to find his husband just founded century good edge, only after succeeding, for learning English, founder online education site is also good, is also hot. These people pointed out that Shanhaiyan's mistake is that the heart is too big, the cause is too urgent, Shanhaiyan the idea is, compared to online education of other entrepreneurs, it has enough fame, want to suddenly spread out the stall, the rapid leader of the false start. The online education is characterized by a very vertical subdivision of the field, and it is difficult for each subdivision to do well, and it is difficult for the entrepreneur to seek the big one. The Monkey Bank founder Li Yong wanted to create a platform, the final failure, only from the point of view of the question bank and get a small. After the setback of the Shanhaiyan and back to the 91 foreign teachers, special attention to the "focus" of the value of the two characters, the environment they face has changed a lot. The two rivals, 51Talk and VIPABC, have received 12 million dollars and 100 million dollars in financing. 51Talk and VIPABC have sufficient funds to promote product development and promotion. Lack of strong financial support under the conditions, 91 foreign teachers have missed prime time, prominent siege difficult. After the departure of Zheng Jinli, 91 foreign teachers by 51Talk mergers and acquisitions is also a reasonable choice. Shanhaiyan is a temperament, because the stock can not be, in order to do online education, Shanhaiyan sell their own only set of houses, will get millions of yuan all input, also in the vicinity of the company rent dozens of square meters rental housing, daily walk to work. Ladder nets and that good network close, the staff make fierce, mainly the incident suddenly, the staff is not psychologically prepared. However, the next thing that many colleagues are very moved. Shanhaiyan with the staff to talk, deal with the ladder nets severance and compensation matters. Ladder net after the dissolution of compensation, is Shanhaiyan personally walked to the bank, the money from his card one to 180 employees of the account. According to media reports, in the last time the ladder nets split meal, the channel team a few big men even cried in a rare crash. "I look at gong always feel very sad, she is a woman is particularly difficult, our big masters also want to take money from her card." "After the 91 foreign teachers were 51Talk mergers and acquisitions incident, Tencent Technology has repeatedly called Shanhaiyan, Shanhaiyan has been unable to receive the call." In this respect, a close friend of Shanhaiyan said: "Gong is always really sad, deliberately avoid do not want to talk about sad things." "Learned that 9After 1 foreign teachers were 51Talk, a former 91 foreign teacher told Tencent Technology, "This is always a good thing for gong, gong can be completely free, gong should always be happy." ”