Ecapital CEO's Life Entrepreneurship Argument

Different investment Mister: Ecapital Capital Limited CEO ran

ran, chief executive of Ecapital Capital, Bachelor of Economics at Harvard and MBA from Harvard Business School. Wealth Life evaluation He for "open a blog, wear brand name, taste food, love to listen to pop's investment bank mister." also said he is the financial circle of "wit", his style clean, fresh, thoughtful and meticulous thinking, but no lack of emotional romance. He has more than 15 years of investment banking career, returned home in 2000 to establish Ecapital Capital Limited. Under his leadership, Ecapital Capital has become China's leading new investment bank. He is the ran of the investment bank.

For the social networking site Facebook IPO, ran points out that it is impossible for a country to have a world-class Internet company without the universal values of free information and civic rights. From the entrepreneurial experience of Facebook's CEO Zuckerberg, ran that entrepreneurship needs to come from love, the premise of love is often fun, don't start a business to succeed, because the biggest success is not market value, is life.

The following is part of Ran's classic quotations:

1, tonight we are just spectators. What we should really think about is why Apple, Google and Facebook are leading the world. In addition to first-class products, the most important thing is that they embrace universal values without exception, that is, free information, civil rights, make the world smaller and more flat, and make individuals more powerful and free. A society, a country, without such values, it is impossible to birth a world-class internet company.

2. Question: Once Facebook is listed, it has a lot of money, will it buy other social sites?

Ran: It will certainly buy in the future, which is another benefit of listing. For companies such as Google and Facebook, it is easy to get out of the way of a technological wave by not acquiring innovative small companies in time. Thus, for the leaders of traditional industries, acquisitions are for consolidation; for the internet industry's leaders, acquisitions may be for survival.

3. Facebook's success has a lot to do with its CEO, Zuckerberg, who dropped out of college and founded Facebook, what should our students do with their entrepreneurial mindset or what should we do with our national education?

Ran: Entrepreneurship needs to come from love, the premise of love is often fun. Don't start a business for the sake of success, because the biggest success is not market value, life.

4. Question: Look at the previous news that Facebook's ad clicks are still very low, what does Facebook rely on to make a profit? Why would he have such confidence to finance it?

Ran: It's mostly advertising today, but I think it's going to be more in the future using value-added services directly to the mass of users. Its financing confidence comes from its uniqueness, the uniqueness of the world.

5. Question: Why does Facebook have such a great market value, and why is it so successful? and can be popular all over the world in a period of time.

Ran: I believe it should be of great value to have so many people with so much time, eyeball and (yes, there) demand. Its success is that it changes the way many people communicate with their neighbors and the world.

6. Question: Do you think Facebook valuations will sing like Apple, or will it fall back in a few months?

Ran: I don't have a crystal ball in my hand. I think it will eventually overtake Google in its market capitalisation, but (1) should not be immediate; (2) not necessarily by its own market capitalisation.

Related industries: Investment industry

7. The "Facebook IPO" has been a growing controversy over the value of Facebook's platform ads as GM has revoked its ads on Facebook. My view is: (1) a good brand marketing platform is not equal to a good advertising platform, Facebook is the former, but not necessarily the latter. Article In the future, Facebook should gradually "Tencent" its revenue model by charging users with value-added services rather than relying too much on advertising.

8, what China does not need is to turn a blind eye to the problem, to the truth avoid, no professional dignity and integrity, only to bowing lap lick chrysanthemum clown media. In fact, some newspapers are not the media at all, just printed in the form of newspaper leaflets and advertising leaflets.

9, (domestic film is facing severe challenges, the way Out): (1) to relax the content of censorship, broaden the edge of the subject matter, or any of the things that have a little meaning are not allowed to shoot also talk about movie prosperity is like expecting diabetes to become a dessert master. (2) Ask the writer director, the story neat point, the film as a film rather than a sketch collection, the story will not be said to have style like a boy three years old want to strolling pee. One thing I firmly believe is that TV dramas never replace movies.

10. If you ask a simple question: Do you support the government's excuse to confiscate the wealth of the country's most wealthy 100 people and to divide them equally among all its citizens? I reckon the Americans will have the lowest approval rating in the United States, Europe will be much higher, China's highest. This is both the cause of America's greatness and the sad reality that we need to face-the desire for the results of the rich and poor is much greater than that of the principles of democracy, the rule of law and procedural justice.

Some people ask: if the wealth of the 100 people is not by fair competition but by the right to abuse money trading? My answer is: Even so, it is not all about the rich and the poor, it's about restricting power. Even the process of establishing the rule of law would cure some of the past's perverse gains, and try to redistribute wealth 100 times times better than seeking the rule of law. Only the rule of law can make future wealth 100 clean and sunny.

11, the domestic excellent PE listed generally facing problems in addition to the history is not long enough, the biggest challenge is the uncertainty of policy and regulations. This uncertainty makes the fund management company's own profitability become fragile and unpredictable. Therefore, a good legal environment is the basis for the healthy development of PE industry. Of course, for a a-share market that has become accustomed to policy faces and corporate faces, there may be no changeable.

12, procedural justice is important because in the absence of procedural justice, the probability of the occurrence of substantive injustice will be far higher than substantive justice. Especially in a country without procedure justice tradition, officials rampant, and torture rampant, establishing the principle of procedural justice and promoting procedural justice is the foundation of the rule of law construction. (These quotations are from ran personal microblog)