Quick Taxi founder Albert Chan share undertaking

Source: Internet
Author: User
Keywords Startups startups start-ups.
Tags clear client community community products company computer customer express

Two years ago, the 29-year-old Chen Weixing started a taxi software quickly understand that in the short term it will be a "burning Money" campaign to rob the market. In the early 2013, he asked MA in Silicon Valley for money, outspoken to him to express a meaning, this matter requires a lot of money, 3 years do not want to make money. It's not going to work. Ma Yun replied: "Dry!" The

2006, Chen Weixing in Zhejiang College Three o'clock with his classmates scraped 170,000 yuan, the creation of pan-city technology. Soon he got a 1.2 million-dollar angel investment by lobbying his hometown Shangyu, a real estate friend's father. Pan-City technology by Albert Chan has been tossing several projects not to make money, some of which even the product is not online on the fetus died. The
Turning point came from 2008. Chen Weixing originally planned to do a join game elements, based on the campus community products, but inadvertently deviated from their position to make a 2.5D effect of a large web game-Magic School.
It makes us earn 200 million or 300 million. "Chen Weixing said. This once let the industry stunning products, has caused Shi Yuzhu, Zhou 祎 great interest. In the 2010, Chen Weixing The success of the Magic School to the successful integration of 40 million yuan investment, but the next year or two, a variety of reasons for the pan-city technology gaming business is not as the industry expects to reach the point. The
is a app that Chen Weixing insists on in various queries. But less than a year after the company was set up, the product of the time, he offered to give up the role of the trader, the part of the shares cut to the partners.
War
April 2013, quickly got the investment from Ali. Previously, Chen Weixing and Pan-city technology invested more than 3 million yuan to become its incubator. At the same time, it has acquired an angel investment from the amoeba capital of the state of Lee. The bloody battle, as Chen Weixing, soon began. So far, it has been using this February to subsidize drivers and passengers with tick-tock, grabbing users as a climax. The fierce rush of fire not only earns the eye, but also at the expense of crazy money.
Chen Weixing Feel the most pressure is not money, is the product before the line from the pan-city technology to its waves after waves of doubt. There's a lot of people inside who think it's going to fail, and someone thinks there's a lot of people doing it, some government departments are involved, "the timing is not right", others say, how to make money is not clear, "You are a game, do not experience the app, the game is very profitable, why to do a thing that does not see money." "At the time, the fast product team on the pan-city technology platform had more than 10 people who resigned or transferred to other departments," he said. "There were only two people left in the team. "Chen Weixing said.
I hope it's big enough to get a kick out of being young. "Do it quickly in line with Chen Weixing these expectations. At that time, there are a lot of people in the taxi software, "they have not been successful, the use of the operation is very cumbersome, or the driver's response speed is very slow." "Chen Weixing thinks he can do it well.
Another reason to stimulate him is that, shortly after the 2012 Spring Festival, he asked several employees: "The Chinese New Year's time to open the computer?" "Two people told him to use a computer, and others answered" No. The two people who had used the computer opened it and looked at only the company-related data. "At that time I wanted to be ruined, even our ownI don't play computer anymore. We have to make mobile internet this year. " 
quickly get Ali's financing soon, Chen Weixing in Silicon Valley, as a multinational executive Lu Zhunwei please come, the fast CEO, and give Lu Zhunwei and other 3 partners a generous equity allocation, and their shares are more than Mr Chen's own proportion of the stake. Albert Chan no longer participates in the day-to-day management of the company. "He is an important shareholder in our company, focusing on strategic issues." One insider said.
To do things the most important, this choice is not from the capital side of the proposal, but a decision of my own. Chen Weixing said that at that time Ali actually some opposition to this matter, they to a newly joined person is not very reassuring. But he had his own ideas at the time. There are several reasons for this.

"War with the competition is very tight, in fact, I have also encountered a war, but found that they are not good at implementation, do not work well, energy can not cope." In addition, Chen Weixing feel that their team's strength is not strong enough, need foreign aid. Chen Weixing through Li Zhi know at that time also want to do a taxi software Lu Zhunwei, after a few chats in Hangzhou, he felt Lu Zhunwei have overseas experience, in large companies do too much pipe, so he to do the CEO is very appropriate, so he invited him to do this thing together.

The history of a continuous entrepreneur
"I want to continue doing a good job of the pan city, so I choose not to go to the specific trader fast." Another reason is that I have a lot of dreams. Albert Chan describes himself as an unstable person. Before he saw Jack Ma in Silicon Valley, he had already visited Ali for the financing. It is said that he was carrying a plastic bag, containing a cup of soya-bean milk, a few steamed stuffed bun, in Ali leisurely eating breakfast began to talk about things. The
Chen Wei star wears glasses, stature is tall and thin, smoking is very big. His appearance is similar to p.k.14 's lead singer Yang Haihui. It's not clear whether he's interested in punk-like or the American "tech hippies" spirit symbols, but he has always liked Albert Schwiezl in the "Entrepreneurial Manifesto" in a seemingly with a bit of "punk" flavor Words: "How can I be willing to mediocre, the bondage of breaking the rules is my sacred right." As long as I can do it, give me opportunities and challenges, stability and comfort does not make me fascinated. "
Chen Weixing has always wanted to be a product that can change the industry. "I tend to be more interested in such things. He says he and his team are better at doing innovation. He admits his "short board", once the matter has been made, the company entered a smooth period, their operational capacity is "actually very weak." VC asked him "is not the lack of an in-depth ability to do something."
Magic School is a product that changes the fate of pan-city technology. Magic School on the line, a lot of people from the game industry to find the door to communicate with him, he found himself in the wrong game into the industry. Because at the time, he wanted to do is a social product for the campus, but added to the game elements.
Previously, no need to install the client, directly open the Web page can play is such as repeatedly watching such a small game. Before the introduction of the Magic School, the game has never seen such a large page tour: It is the first to achieve 2.5D (imitation 3D) game screen effect of the page tour products, inheriting the classic design of the client online games. Chen Weixing says it almost achieves the degree of genuine online gaming with clients. &NBSP
"' webgame version of Harry Potter" became the player's unanimous praise for the Magic School, so the rapid popularity of the same kind of online games in the miracle. "The media commented that this special effect can be used to match the client's online products."
In addition, at that time in order to fantasy, martial arts theme of the game, the trend of theme homogeneity is obvious, the Magic School launched after the professional media to its review: "as an unprovoked MMORPG works, the first time the Magic School played a ' super Q ' concept, became the first to Q-famous works. Plus the "Campus theme" of the full range of packaging, the Magic School released at the beginning of a large number of students and young white-collar strongly advocated. "
" In this industry, people are silly, how can a page tour to do so, and there are very rich picture effect? "Chen Weixing during that time almost every day to deal with a large number ofPeople who came to the company. "This one, I and Zhou chatted, also and Shi Yuzhu chatted." "There are people in these people who want to hear about the industry and who want to buy the company." 2008, the Magic School online in the first year of accumulation of 20 million of users, "monthly income has a good millions of yuan," Chen Weixing said.
We are in fact the earlier web game companies, but later did not become the industry first. "There are a number of reasons for this, and he started off with a product-driven first." "A company can't do things by concept, I think the industry is to create fun, interesting products to be successful, rather than blindly pursue rapid expansion." "But VC gives the path is to manage for the first time to drive products, Chen Weixing from the heart does not agree with this direction, and he felt that the team at that time in the ability is actually not tough." "It's dangerous to get out of the product quickly, so I think it's better to start with a product and slow down a bit." "
and VC in the company's development path, although there are differences, but Albert Chan did not go head-to-head," but did. 2010, when the pan-city technology to Zhejiang two institutions to invest 40 million yuan, their team was only more than 10 people, this year, the team immediately added more than 300 people. In the short term to find these people, and all the strength is quite, no water, let Chen Weixing feel a bit unlikely. "These things actually let the company waste some time, missed some opportunities." "
Pan city is the first thing to do is pay per Call mode (customer through the Web page with the ad main voice communication, based on the length of the ad mode of the phone calls) of the local search site Kesoso, and then in 2008 before the development of the Flash 3d engine real campus Community Qeedoo Network. Pan city has conceived a virtual Magic Online campus Community Products: "The real scene of a school moved into the computer, where students can go to virtual classroom self-study, to the library to borrow books, can also take a walk on campus." "None of this made him make any money," he said. But he was happy to talk about it.
Albert Chan star on a sophomore when the campus network, which makes him not only to get the same school students of the relevant status information, but also to check the results, modified the course system, "also saw some beautiful photos." A building opposite his college, "a lot of girls are very moving". At that time he and a few students put the information of these girls into Excel form, through QQ, e-mail in the Department of the students circulated, and then let more people to know them. At the time he thought "it was a fun thing". &NBSP

For this he and several students intend to develop a social tool, the school is very supportive, and gave them 20,000 dollars in funding. But this product has not been developed at last. Either the students around him are technically incapable or unwilling to do so. This is the 2004 thing. In the 2004, Facebook was online in the United States, but Mr Albert Chan, who stayed in school, essentially did not go to foreign sites. He knew nothing about Mark Zuckerberg at the time, and many people didn't know what social networks were. The students he had lobbied for did not know what he was going to do. For several years, Chen Weixing to do the campus community in the bottom of my heart there is a big complex.
Taxi software Money way
Chen Weixing and VC a moment of disagreement, he felt is not to let the company develop slowly all the reasons. In the VC has not invested money in the time, the company also appeared in some situations. In 2009, Chen Weixing recruited a team of technical, planning, art and other positions. The team spent more than a year, secretly with half the code developed, to go outside looking for investment. "During that time, the whole company had a foul atmosphere. "
This unhappy episode, let Chen Weixing at that time some think impassability. "At that time I took all the people as a mold, that is, in the face of the matter, there is no other idea in mind." "Frankly speaking, it involves the communication and the distribution of benefits." Then he reflected: "It seems to me that it is not a matter for me to go for an ideal and one thousand or two thousand dollars less." But now think, your employees come to work, maybe he is in order to earn more than 2000 yuan a month, then I give them earlier is not OK? "The
Chen Weixing decided to hand over the fast to others, tangled up for a while. "In the midst of so much doubt and pain, and finally get the money done, the direction has become more and more clear, to put their own hand-raised children to send out, at that time actually very painful." "
What he regrets now is that he had no greater determination to take the market of Shanghai and Beijing together at the same time as the product was online." The latest public data show that the fast market share of more than 50%, its competitors tick and its distance is very close.

The

Taxi software is essentially a dispatch travel tool product, so, Chen Weixing think now can dispatch taxis, the future can be scheduled not taxis. "On the other hand, we are also in the dispatcher, it can play a no less than social network role, will give a lot of local merchants to take customer resources, which has commercial value to the merchant." Every dispatch a customer to the merchant, in fact can realize the charge; we can also implant commercial cooperation and advertising, of course, the way the implant can be done skillfully. "
Chen Weixing said, everyone saw the taxi software fight very fierce, people feel that do this thing no money, but he felt that the future of the market has a lot of imagination." For example, if an unmanned vehicle is popular in the future, it is impossible to stop the car on the road because it has no driver, "this can be used to dispatch vehicles, so it has the space to charge." &NBSP

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.