Phoenix Lyapunov: Encourage entrepreneurship, good people, more money, speed

May 28, 2014, by the IDG Capital wholly-owned, pioneering state magazine co-organized the IDG Campus Entrepreneurship competition 12th station at the Chinese University of Science and Technology held. The campus entrepreneurship competition for all undergraduate and graduate students, to explore the campus of gifted developers and technical geeks. Phoenix FM Chairman and Phoenix COO Lyapunov believes that the experience of entrepreneurial failure has great value in succeeding, especially in the current mobile internet environment, for everyone to provide a more equal opportunities for entrepreneurship. And for China students, entrepreneurship is more appropriate, because science and engineering students are more able to create disruptive technologies and products. The following text is Lyapunov's speech excerpts, without my review: Lyapunov: I think students in school should be an important consideration of the future, although entrepreneurship is a escape thing, such as I have failed in New York, and then sold the company, Furniture donated a few days, 911 events "happened, I used to work in a place where the World Trade Center doesn't exist. Then I had two entrepreneurial experiences, one in the United States and 4G in the beginning of 2002, which I thought was too advanced. I came back in 2006 to join the Phoenix, when the internal entrepreneurship to do Phoenix. I think I have a lot of experience in starting a business 20 years ago, and I want to share why should you join, or consider starting a business? The Internet industry or the combination of the wind generated a lot of grassroots heroes, may be like bat are cock silk origin is it, think of them three, and then see you closer to the youngest Chen Au, there may be Yiu Jingbo , Li thought. Looks like nothing special, like Chensheng Wu said, princes will be better than the kind of. Entrepreneurship is not so much the original sin, not easy to be double regulation. Especially now, you say that college graduates were particularly popular two or three years ago, but now civil servants are high-risk occupations. Now go abroad also not so big attraction, now average person may not have this kind of feeling. While pure scientific research can certainly be very important, scientific research, if it can be combined with productivity and business opportunities, may be even greater in social contributions. Your experience will be valuable to other companies you go to. More and more companies will be willing to hire the experience of such a start-up company. In addition, now the so-called wireless Internet brings this more equal opportunity, also makes the threshold of entrepreneurship has been reduced a lot, on the one hand, such as millet, jingdong such a large platform, but small companies have a lot of money after all, plus indeed it is a concept of IDG, I understand why it wants to go into more than 10 campuses, Is that the old, including me may not be able to grasp the future opportunities, so the students here may be able to truly know that the most interesting, not yet the most fully satisfied with the opportunity. As before from Yahoo to Facebook, from this point of view, in fact, we have even failed to start a business, the opportunity cost is not high, the experience value there is a very large transferable potential. In addition, I think for our hkust, perhaps especiallyI think entrepreneurship is also very suitable, one is that we learn science and technology, there are many so-called subversive technology and technical products, business opportunities can be found. Second like me and my classmate, he introduced me to 10,005 of our students there are more than 8,000 people are Shuo Bo, actually starting a business it requires a combination of possible different backgrounds, especially those with higher grades who may be more experienced, driving our undergraduates together, and having different combinations of skills. And the campus itself is a natural idea of the exchange of a generation of genius class sparks, collisions of this opportunity, and this opportunity may be more suitable than the outside of this place. So I think that campus such as hkust is especially suitable, of course, including like IDG they, IDG should be said to be China's entire venture industry's meritorious institutions, the Senate, 20 years, and large and small companies should be voted in China's largest internet industry as the representative of the company. In addition to these, China has to transform its economic development model, must be from the resource consumption, investment-driven to the technology-driven, innovative, the second level of government in many places should have a lot of concessions, whether it is a policy, or the assistance of such funds to help people start a business. So the government is encouraging us to start a business, the high return on entrepreneurship is probably the most needless of all, we all can see. But the most important thing is to be a good person, that is, you can meet a lot of good people in business, why? Most of these people in the entrepreneurial team, your peers, they are at least a very motivated person, the pursuit of life, because with such people, I think your life should not be wasted. So I think I share this is from people silly, more money, speed, become a person good, money, speed, so that encourage everyone to start a business, thank you!