Friends of the Century Wang Qindai: The last SP "old"

21st Century Economic Report reporter Liu Fangyuan last sp "old" Wang Qindai left, he will accompany him eight years of Hua Friends (Nasdaq:hray) to the Chen overpass. With the Grand executive team to fully master the board of Friends of the century, Chen Tianqiao's business card on the one more title. And Wang Qindai began to look for the next entrepreneurial opportunity, in his words, "I believe grand, time will prove everything." "SP industry by Sheng and decline has not been new, but when the industry's last" old "finally waved to investors farewell, familiar with the history of the people still can't help but sigh.　　China's internet industry as the first lifeline, 8 years, SP Industry has experienced rapid rise, sheng extremely and decline, and then painful transformation of the whole process. When Sina, Sohu, NetEase also struggled in the internet bubble, who did not think, is the magic of the message to save the three portals.　　There is no one in advance to anticipate, rely on texting, achievement of the air network, Friends of the Century, PDA and other enterprises landed on the Nasdaq. Have to admit that the SP was too good to make money, almost to the point of anyone can come to a sum. 2004 to 2005 is the best era of SP industry.　　Until now still have such a joke--open an SP company, hire a number of people, a year can net earn millions of, many can make tens of millions of dollars. Of course, some people think it's the worst of times. In Wang Qindai's view, Chinese companies like to chase hot spots. It is precisely because the SP industry to money too fast, resulting in a large number of companies and people crazy influx. It is said that in 2005 there were more than 60,000 companies doing SP business.　　Fierce competition, inadequate regulation, the influx of competitors in order to make money unscrupulous irregularities, began to overflow, which also laid a foreshadowing for the subsequent decline. Finally, the pent-up anger of mobile-phone users has made regulators and telecoms operators start to make the decision to overhaul the SP.　　From 2006 onwards, standardized management platform, customized business two times confirmed, prohibit the generation of charges, prohibit the built-in mobile phone, and so on a series of stringent measures to end the SP industry, "The Troubled Times Fast Money" era. How fast it comes, how fast it goes.　　This is the lesson that Wang Qindai now sees. As a channel of the SP, in fact, does not have its own core competitiveness, in essence it is to take the content of others, down through the carrier channel distribution.　　So, after the regulation led to the industry reshuffle, SP began to transform. Transformation is nothing but two roads, one is to the upstream content breakthrough, the second is to the downstream channel expansion. However, both roads are not easy, especially for the SP who is accustomed to making quick money. Later, everyone can see the result is that Tom Online retreat, PDA was acquired by Indonesian companies, the Chinese friends of the century into a big bag.　　The aerial network continues to persist, but it has now begun to play the game and the portal. Experienced the SP industry ups and downs and the Wang Qindai of the painful transformation of the century, the industry this situation summed up as a "gene and mentality" problem. The king thought, accustomed to "come money fast" sp,Did not experience Internet entrepreneurship lack of business model difficult, hard to sink the heart to do products; at the same time, because large and medium-sized SP are listed companies, "to pursue quarterly performance, without the strong support of major shareholders, the transition is very difficult." Do products or channels will face the board and other parties pressure, especially listed companies.