pay tribute! Outgoing people - the last elegy of the video entrepreneurial era

"The world is bustling, all are profitable; the world is awkward, all for profit."

The business world is turbulent and the capital is cruel and ruthless. Entrepreneurship, especially the “outs” of the founders of the company, is not uncommon. However, apart from feelings and helplessness, perhaps more worthy of our understanding and tribute is the unyielding entrepreneurial spirit and frank introspection.

To this end, the Island Jun system has sorted out relevant cases for you to understand.

All the end is to start better

The most important thing in life is to return to zero.

▌优酷古永锵:

Everyone can't understand but I understand that time will mean everything

With the departure of Gu Yongzhen, the final winner of the video industry, an era has ended.

Yesterday (October 31), Alibaba Group CEO Zhang Yong sent an email to announce that Youku Tudou CEO Gu Yongzhen is no longer the chairman and CEO of Youku Tudou. Gu Yongzhen himself said in the mail that he will be committed to ecological investment and will be responsible for the establishment of the large cultural industry fund.

"Starting with Wang Wei, ending with Gu Yongzhen, the video entrepreneurial era is ending." "Nine-chain" published an article on 36æ°ª (WeChat ID: wow36kr), saying:

In 2005, Wang Wei founded the potato, and then the company was founded by Youku, 56.com, and Liufangfang. At that time, the video platform was still able to be done by relying on a good idea and a team full of wolves. Even with the restrictions on playing licenses in 2009, the entry of CCTV's CNTV, Zhejiang Broadcasting and Television's new blue network, and Oriental Broadband's Shanghai Internet TV station and other "national teams" did not dispel the innovation vitality of this industry.

But when the industry develops to compete for capital, it is when the entrepreneurs come out, the capitalists and professional managers come on stage. In 2012, Youku acquired potatoes, and Wang Wei’s exit has already predicted this point. It was only that Gu Yongzhen was the one who was proud of the spring breeze.

So, how does today’s Gu Yongzhen “interpret” his departure? He said this:

"November 1st, 2005 is the starting point of the dream of a one-of-a-kind business. During these 11 years, we are fortunate to have a professional and dedicated team that has shared the mission of sharing happiness, wisdom and moving, sharing the industry's Development and growth have made you and more partners in the ecology. The most happy thing during this period is to do what you like with people you like, and as a comrade, it is also important to do the right thing at the right time."

“Silicon Valley is always a big compliment to this change and should do so.”

"The more people in China know how to do it, the more they feel that this thing is very good. Don't talk about foreign countries. As long as they are particularly familiar with the cultural industry, including those who are particularly familiar with us, they will say that I am in favor of this . This is also a business. The atmosphere, a historical moment in the development of venture capital."

"Now I feel that I am still on the road. The comments are normal now. We also know what we are doing. Because I feel that I am very relieved, I am very happy, so we can't understand but I can understand that time will represent everything."

▌ Uber Willow:

It’s a pity that those who don’t look up at the stars missed many poems.

At the beginning of August, Didi and Uber’s “transnational love” were sitting. Two months later, Uber China’s senior vice president Liu Wei announced his departure. Then, this "big woman" with a deep family background (Liu Chuanzhi's niece) and a dazzling resume turned to today's headlines.

For Uber's founder, "We want to create history," we resigned and joined Uber. When she was in the merger, she was blocked, and she cried several times during the merger announcement. The details outlined her. Departure" -

It is a pity that those who did not look up at the stars missed many poems.

The following is the original text of Liu Wei’s experience in Uber’s circle of friends:

For all who care about me and follow me,

I joined Uber China at the end of April 2015. From the beginning, I decided to join. In just over 20 days, I said goodbye to my lawyer career for more than nine years. Frankly, I didn’t get too many blessings. This is a controversial choice, entrepreneurship itself, this industry, including my family - for me, the decision time is short, but because it can only be a sentimental decision.

Full of uncertainty, the cruelty of survival and competition, so that everyone who joins is so vibrant, the people on the battlefield are often the simplest, most passionate, and most united. After the merger, someone always asked me to recommend people. I think many people in Uber China are like special forces. They need to have a particularly accurate positioning in order to have their extra space.

In my stage of being a lawyer, I actually did a lot of projects, financing, mergers and acquisitions. I also experienced the scene of driving away the founders on the board of directors. I have been trading fast for more than a week, so I have told myself many times this time. In a lawyer's "MODE".

But seeing Travis, who just got off the plane, looked at me and told me that we are BUILDER. He is only a board member. I told him that he is far from being a director, just like me, no, not competent. In the process as an "outside counsel".

People who have experienced together do not necessarily become friends, but they are indeed the most sympathetic comrades. Before and after the merger, what I saw was a group of young people who were very capable of learning and adapting.

Now, some of them lead the Uber brand to change, and some continue to continue their dreams in the Internet industry. The fate weaves people from different backgrounds.

After the experience in the furnace of UBER CHINA, we will continue to pursue the new territory in the new territory.

Thanks to Travis, his trust and belief in me is indeed the greatest source of energy that I have been able to face all challenges and crises;

Thanks to my family, their tolerance and support is the backbone of my peace of mind;

I wish all UBER people, because of you, have the glory days of UBER CHINA for two years. I am deeply fortunate, proud and proud to have experienced ups and downs with you!

Merger is an episode, not an ending, and I sincerely hope that Didi will perform more magnificent music!

Not long ago, I went to the snow-capped mountains, and there was a word that kept coming up in my mind: unfortunately, those who did not look up at the stars, missed many poems!

For all the stars, the stars, the stars - your story is far from over!

Liu Wei

September 30, 2016

▌开心网程炳皓:

If you win or lose, don’t talk to him.

In July 2016, Cheng Bingyu, the founder of Kaixin.com, announced his departure. Since then, the news of Kaixin’s billions of “selling” has begun to spread. At this point, the era of "stealing vegetables" by the whole people officially ended.

"Recalling many of these years, I am standing alone on a cliff. There is no way out in the sky, the sky, the sky, and the earth. I can only mourn the famous saying written by Mr. Jiang Baili for another eight-year struggle. Don't talk to him!'"

After leaving the company, Cheng Bingyan published an open letter of 6,000 words, deeply reflecting on the mistakes made by Kaixin.com in eight years and the chances of missing. At the end, he felt his entrepreneurial journey.

Island Jun excerpts the important points of his reflection as follows:

1, personal limitations: the nature of emotional intelligence is very low

I did not fully manage a business line before starting a business, mainly engaged in product and technology management. I have no practical experience in sales, marketing, investment and financing, corporate strategy, corporate governance, finance, and law. Some media commented that I am "not enough business." .

There is no key management of non-product technical personnel, such as sales, marketing, business development, the management of these personnel is completely different from the technical staff, and there is a learning process for me.

I like to set myself too high a goal. There is no difficulty in creating difficulties.

The typical engineer perfectionist nature, for unfamiliar areas, things that are uncertain about conditions are conservative.

My own emotional intelligence is very low, I don't like cooperation, I prefer to complete one thing with complete control, I don't like negotiation, I don't like to attend various meetings, maybe I am a mild "social phobia" patient.

2, the two major causes

Kaixin.com has experienced a decline in user activity since 2010, and finally transformed into a mobile game company, no longer a platform company. As for the reason that led to such an outcome, he believes that it is neither the fake Kaixin nor the Weibo WeChat competition, but the two, one is stealing food and parking, there is also a life cycle; the second is that acquaintances are not just needed, can not be a support The biggest pillar of a product

3. The wrong attitude of the winner: the choice of God

As a winner, we are always willing to believe that we will succeed, and that we will fail. We are not willing to truly believe that our own success is in fact very fragile and may fail at any time. But Nokia has been in the market for less than five years from the peak to the market. The market, the government, and ourselves are all at odds of changes that we can't predict at any time.

To put it bluntly, when we are in a good situation, we are filled with pride. When the situation is bad, we quickly turn into a crazy emotion.

4, the wrong way of the winner: path dependence

The wrong logic of the winner: because I am... so do... we are going to...

This seems to be as perfect as Aristotle's syllogism.

We have done a lot of new products, not all from "social", and even many are "acquaintances social."

In fact, in this era of dramatic changes, every 2-3 years, every 3-5 years, the infrastructure has changed. If you succeeded before or not, what path did you follow, and what you did? That one-third of the land is not important compared to the outside world.

5, the wrong attitude of the winner: must surpass yourself.

A company that has fallen from its peak has carried a huge burden, and past successes may turn into negative assets. On the one hand, every day, the user activity declines, every day has a sense of frustration, low morale, on the other hand, it is easy to produce the "you see me to make a big move" mentality, lost the normal heart. Therefore, it is very difficult for a company that has succeeded and went downhill to take off again. For a time, one of our friends, often spread in the market, "the company that never got up and went down, and got up again, so Kaixin.com is definitely finished." It makes sense.

â–ŒExtended reading:

CEOs who were "out of the game" in those years

1,58 Group was established, and the CEO of the market, Yang Haoyong, was eliminated.

On April 17, 2015, 58 Tongcheng and Jiji.com announced the merger and established 58 Group. 58 Chairman and CEO of Tongcheng Yao Jinbo and Chairman and CEO of Haoji.com Yang Haoyong became the co-chairman and co-CEO of the new company. In November of the same year, 58 Jiji Group announced that it would separate and separate the in-house hatchery used cars, and Yang Haoyong became the chairman and CEO. At the same time, Yang Haoyong resigned as the co-CEO of the 58 Group, and continued to serve as the co-chairman of the 58 Group.

2, the rapid merger of Didi, the fast founder Lu Chuanwei faded out of the stage

On February 14, 2015, Didi taxis and fast taxis were officially merged in a 100% share swap. After the merger, the new company will implement the Co-CEO system, Di Di taxi CEO Cheng Wei, fast taxi CEO Lu Chuanwei also served as CEO. The two companies remain the same in terms of staffing, business continues to grow in parallel, and will retain their respective brand and business independence. But since the merger, Didi has dominated and has gradually withdrawn from the historical arena.

3, Ali acquired Gao De map, the original CEO became a slave

In May 2013, Alibaba announced the acquisition of a 28% stake in Gaode; nine months later, Alibaba acquired all the shares of Gaode; and soon Gaode applied to the securities firm for delisting.

After Ali completed the acquisition of Gao De, Gao De, founder and CEO of Gao De, stepped down as a “special consultant”. Gao De CMO Jin Jun also joined Tesla China to take charge of the market.

4, the first shop has changed hands many times, the original CEO Yu Gang has already been out

In March 2008, Yu Gang and Liu Junling founded No. 1 store. From 2010, Ping An took 80% of the next store at a price of 80 million yuan. By 2012, Wal-Mart increased its investment in No. 1 store, and its shareholding increased to about 51%. As the largest shareholder, it has been merged into Liu Qiangdong’s squatting today. The No. 1 shop has changed hands many times, and the original CEO Yu Gang has already been out.

On the evening of July 14, 2015, Yu Gang, Chairman of No. 1 Store, and CEO Liu Junling issued an internal mail to announce to the staff of No. 1 store that they decided to leave the No. 1 store to pursue a new dream. So far, Yu Gang officially left his own establishment. No. shop.

5, the US group public comments merge, the original public comment CEO Zhang Tao tears out

On October 8, 2015, Public Comment Network and Meituan.com jointly issued a statement announcing a strategic cooperation. The two parties have jointly established a new company.

On November 13, 2015, after the US delegation and the public comment announced the appointment of new personnel, the public comment CEO Zhang Tao and the company shed tears, Zhang Tao holding a few other founders crying is quite embarrassing. The event, entitled "To pay tribute to the old boy, the youth is not going to the field", is the public share of the core team. The "slow company" finally planned to save the trend by investing in mergers and acquisitions, organizational restructuring, and launching Huihui, but ultimately did not escape the outcome of being merged into the rival US team.

6, Baidu and Ctrip equity replacement, the original where to go to the network CEO Zhuang Cheng out of the bureau

On October 26, 2015, Ctrip and Baidu reached an equity swap transaction to complete the merger with where to go. Upon completion of the transaction, Baidu will have Ctrip common stock representing approximately 25% of Ctrip's total voting rights, and Ctrip will have approximately 45% of the total voting rights.

After the merger, where to continue to operate as an independent listed company. On where to go, the founding team has lost control. On the evening of January 4th, 2016, where to publish the announcement, Zhuang Chenchao has officially left now, leaving the position of CEO.

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