Ctrip's entrepreneurial team scattered: Enjoy each other's blessings, each suffering from each
Source: Internet
Author: User
KeywordsEntrepreneurship venture capital entrepreneurial information digging the shell net
After earning money, Liang Jianzhang resigned as the CEO of Ctrip, to the United States to rest, study, enjoy life. Shen, a Chinese partner in Sequoia Fund, became an investor, saying, in his words, "the hope is that after 10, there will be a huge number of 1 billion of billions of dollars of companies in China." Hanting set up a force mountain investment company, began to enter the commercial real estate field. Fan still chooses to stay in Shanghai and become the chief executive of Ctrip. "If Ctrip, such as home failure, we will certainly cooperate to create other enterprises, now so successful, we have less opportunities for cooperation," This is Shen to the current 4 people "dream combination" annotation. Our News (reporter Wang Fei) "The biggest reason for our success may be three Shanghai people and a Nantong people," fan, this value has long been billion of Ctrip in Shanghai Grand Hyatt Hotel luxury VIP hall to the reporter talk. Shen, hanting, Liang Jianzhang, Fan-4 people 8 years ago invested 2 million yuan started Ctrip, now 4 assets have been billion. From Ctrip to home, the 4-person team opened the Nasdaq Gate 2 times in 3 years. The reason for success: "Preoccupied" "many reporters will ask me, do it others can not succeed, why can we succeed?" I think the answer is ' three Shanghai people and a Nantong man '. Fan to answer this newspaper reporter. 1999, hanting, Fan, Shen 3 people decided to venture together, not a few months, hanting and Liang Jianzhang, Shen, fan together to create a Ctrip travel network. 4 people in accordance with their expertise to form a "dream Mix": Liang Jianzhang chief Executive officer, Shen as chief financial officer, Hanting President, fan as executive vice president. In fan's view, the Shanghai people's "preoccupied" is the important reason for the success of Ctrip. "' to be preoccupied ' in business management is ' meticulous management '." "Ctrip only set up 3 months, will be IDG fancy." Ctrip's valuation was mentioned 2 million dollars, IDG decided to invest the first venture capital of 500,000 dollars. But by October 2001, Ctrip has been at a loss, eager to expand the business of Ctrip need more venture capital to enter. Sitting next to fan, an Ctrip senior said, "The pressure on the financing is very big, ' it's not over in a breath." "As chief financial officer of the Shen in the process of the financing of Ctrip" meritorious ": March 2000, attracted the soft silver group led by the second round of financing 4.5 million dollars, November 2000 attracted the US Carlyle Group, the third investment of 11 million dollars ... October 2001, Ctrip first announced a profit after the start of the Nasdaq tour, 2 years after Ctrip successfully landed on Nasdaq. Only from the income of Ctrip, 4 management team's value has already been billion. For the office as a millionaire sleeping in the Basement "Ctrip success, the most entrepreneurial passion hanting suddenly found idle nothing dry," a person close to Hanting toldThis reporter, "in doing hotel reservations hanting found 200~300 between the best room to sell, in the business travel personnel among the market." Hanting, with a handful of cash, arrived in Beijing and started setting up an economic chain hotel like home. "Entrepreneurship is very difficult at the beginning, but Hanting does not seem to care, at that time he was not low in order to save the cost of accommodation, unexpectedly live in a Beijing basement." "A person close to Hanting told the newspaper reporter. 2002, Ctrip's 4-person management team and the first Brigade group founded such as home Hotel homeopathy. such as home last year on the Nasdaq Stock market financing, such as the hotel chain company and Ctrip Travel Network management team jointly funded by Ctrip held all the shares. In this way, if the home successfully attracted IDGVC's first round of investment of 1.5 million U.S. dollars, IDGVC later in the next additional 2 million dollars. Open the door to financing, such as the development of the home is plain sailing. October 26, 2006, such as home successfully landed on the U.S. Nasdaq stock Exchange. The subsequent boom in market capitalisation has also doubled the value of the 4-person team and other management. Even in accordance with the issue price of 12 U.S. dollars, such as home listing will make Shen, Liang Jianzhang, hanting, Liang Jianzhang's wife personal wealth increased by tens of millions of U.S. dollars, creating 4个亿万 rich.
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