Fu internal letter: to prevent pornography!

9158 was listed in Hong Kong the day before yesterday, the opening price of 5.99 yuan per share, more than 5.28 yuan prices rose 13.4%. Founder Fu through the internal letter, reviewed the entrepreneurial process, motivate the company's employees.

For some outside "9158 play the edge of the business" question, Fu, "It is we from the first day to prevent pornography, so we have come to today." It is said that 9158 of the regulatory system has achieved a full platform without dead ends, any bad content can be quickly processed within minutes.

The following is the full text of the internal letter

To Every pigeon man:

July 9, 2014, I believe that for every pigeon, is a special day. Today, the day pigeon successfully landed on the stock exchange of Hong Kong, officially listed! Because our company 90% employees are all, so I chose 1980 as the Day Pigeon Stock Code, 1980, we speak for ourselves!

Looking back from the launch to the successful listing of the time, in order to achieve the company's IPO desire, each employee is very hard to complete their own milestone, which gives us a high opinion of investment banks. Colleagues at UBS have judged us to have super executive power, the only IPO project they have not delay in recent years!

For the days of pigeons, listing is a breakthrough, but also an exciting and exciting historic moment! In particular, in the past few months when the issue of Hong Kong stocks frequently cold, our business model and development strategy is still a strong pursuit of investors, institutional investors including Soros, CIC, China Life, Fidelity, Many of the world's top 100 big-name funds, such as the Harvard Foundation, have broken the record of the Hong Kong stock market in recent months, with their endorsement proving the strength of the day pigeon.

Listing also opened more opportunities for us to open the door, we will usher in more possibilities, although there is some uncertainty, but still exciting and exciting! Of course, for this day's arrival, we have also paid a lot of hardships and sweat. There have been media reports of "Ten years grinding a sword" to describe us, indeed!

The heart of the battles

No one enterprise development road is a smooth, as an entrepreneur, first of all to have a heart. Looking back at the beginning of business, I have done with the team's products have TOP88 search, 169 online bookstore, Taiji chain, fast and inferior dozens of internet products, failed more than dozens of times. Busy 15 years, we work hard to do their own products, many times did not think very clearly began to do, but we know that only have their own products, can open the door of the venture capital circle. On the road to entrepreneurship, some people always complain that their products have been put on line and taken away, do not work hard. In fact, there is no failure where to success? We are on the road every day, even if 90% is useless work, but every day as long as 1% faster than others, 10 years down, you are many times faster than people. Ten years ago, the sky Pigeon created the business model of real time social video for Internet strangers. This model can be said to be the Internet's 7th largest business model, should be the world's first. Over the past decade, in the constant insistence and efforts, our market share has always maintained the industry leader.

Firm Heart

We also have a firm heart, can not be shaken. As we move forward, many people are questioning: "Why do we do this business?" This is the edge business, right? Can such a company go public?, for these voices, we only respond to them in a single sentence-"It is we from the first day to prevent pornography so we have come to today," now, our regulatory system has achieved a platform without dead ends, any bad content will be quickly processed within minutes. Early in its inception, the original purpose of the pigeon is to create a happy, pure, healthy entertainment environment, especially from 2008 onwards, the platform upgraded the community ecology, when the host got the currency is no longer equal to the renminbi, we produced a nationwide entertainment network traffic style KTV mode. Many people take turns singing on the wheat, talking about the topic, the dance body dance, displays oneself in order to obtain other people's approval. Now the day pigeon, not only become a career platform, whenever, the entertainment platform, but also China's largest music enthusiasts home. Our burritos is to let "the world people laugh often open", regardless of the external to the days of pigeons there are many questions, listing is one of our best proof.

The heart of Thanksgiving

Finally, there is a heart of thanksgiving. We are 30 years of age can be said to be the happiest generation of people, from a time when the sun under the heat to help parents in the farmland to cut rice, to now every day in the air-conditioned room work, life; from a child walking bike, to now driving, flying, we feel the progress of the Times. What is happiness? Every day there is a progress is happiness, and strive to make new products, from scratch, from the neglect of everyone to use, is happiness. We live in the best of times, and we want to thank our investors, our executives and our employees. However, in our staff, there are also many complaints, there are many early departures, I can only say that complaining to no avail, contentment can often happy, pay will be rewarded. When IDG and Sina Invest, many people feel that the company has lost, financing to the money did not spend, but the company because of the pressure of investors and suggestions, got a new direction of development, has been the follow-up years doubled growth, for this, we have to thank C2, IDG, Sina investors.

According to the Iresearch report, the real-time social video community will continue to grow more than 30% in the next five years, the 2017 market size will reach 13 billion, which indicates that we will also have a great space pigeon development. At present, we have a music and other interests as the core competitiveness of the fans of the economy, music economy, the first to build a line under the linkage of KTV entity shop. In the future, mobile internet, mobile games, O2O and other internet changes will bring us more space to imagine, we will continue to adhere to the "many people play together" entertainment, create more and more fun products, so that happiness can be passed in more people.

For the days of pigeons, listing is only a beginning, as long as we adhere to the above mentioned three hearts, all pay and struggle will get more return. I believe that with our common efforts, not far from the future, the Sky Pigeon can be developed into a value of tens of billions of dollars of Internet enterprises! Thank you!

Fu

July 9, 2014