Renren: As long as your youth continues to shine, our struggle will not stop

Source: Internet
Author: User
Keywords Investment youth your
Tags analysis based business business is clients company customer data

Summary: Renren has invested 10 million of dollars in FiscalNote, a data analysis firm. The start-up company, founded in 2013, is based in Washington, D.C., where the main business is to forecast legislative trends through data mining and analysis, with key clients including JPMorgan Chase Group

Renren has invested 10 million of dollars in FiscalNote, a data analysis firm. The company, founded in 2013, is based in Washington, D.C., where the main business is to forecast legislative trends through data mining and analysis, with key clients including JPMorgan Chase Group, virtual machine software VMware, and Uber, which have recently been plagued by regulatory problems.

Chen, CEO of Renren, said in an interview with WSJ that in his view FiscalNote is a subversive company and they are facing a huge market space. Although the business involved in legislation-related matters, it is inevitable that some sensitive, but Chen that from a purely commercial point of view, FiscalNote's future is limitless.

This is the netizen jokingly dubbed "the Chen" to lead everyone to complete the latest investment. Over the last six months 36 Krypton has reported the following investment trends for everyone:

Less than two weeks ago, 36 Krypton had just reported that everyone had invested in a social-equity investment platform Motif Investing. After a total of 40 million dollars in investment, Chen has entered the company's board of directors. Last November, everyone traded 10 million dollars for a Gogovan 10% stake in a freight vehicle platform from Hong Kong. Last September, the investor community Snowball's C-round financing was also received by everyone, amounting to $40 million trillion. Fundrise, the real estate public-sector website, completed 31 million dollars of funding from everyone in May last year.

Some of these investments seem to be in the layout of "student finance", while some do not see much relationship with the theme of "Return to campus". At the end of last year, everyone launched a student-oriented financial business, "everyone phased", but the service was also very low-key after the launch, the limelight is not interesting staging, the stage music-like strength.

Everyone is still "back to campus", or abandon the campus social, we still do not see. But January 27 Renren to users of this "station letter offline Notice", indeed many old users have been a shock:

This message, estimates that Renren these days the user activity increased a lot. I also took a look at my long time not logged in the home page looked at one, time flow in a strong nostalgic atmosphere, everyone in the expression of "this bearing the memory of youth" is how to give up.

Then Chen issued a statement, said that the network of people in the line of the letter is a mistake, the team is wrong, will suspend the station inside the letter function upgrade, and commitment to permanent preservation station letter content. Chen to Renren users that

"As long as your youth continues to shine, our struggle will not stop."

Renren This "veteran" will not fade Moz is hard to say. But as long as our youth continue to flash, "investor" Chen a boat investment should not stop.

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