star entrepreneurs professional directors are more difficult path, this period in front of star CEO Kai-fu Lee also has three questions. The first question is the business prototype, professional managers in massive companies in the habit of a adult model and throw open the doors of the operation of their business to the business model will fall into the misdeed? The second question, the founder and venture capital honeymoon time, how to accomplish sustained and stable win-win position? Third question: the logical, emphasizing the professional's professional managers can really build a
Kai-fu Lee in
Kai-fu Lee: We bet that I can watch apparently that engineers, entrepreneurs and ideas, then I can mate them attach, I think this is probably very few people can match me of. In my early stages, you are salute to come with a project, but contribute to the project out, this is not your project, you come in after you and everybody another, we ballot, the referendum to this project, of course you can do, not chosen this project, we would not do, if you say, I just must do this project,
GHD Midnight Gift Set 2011, my life I must do this project,
GHD Hair Straightener NZ, I do not do something another, I'm apologetic! At this stage, we do not like angel investors, I can recommend to you or to Deng Feng Lei Jun.
Kai-fu Lee: Our goal should be began as presently as likely is that some small, chilly, good, interesting things bring ... to an end, I think we should not, and Google, Baidu, Tencent, or Ali Baba, as the competition, and I think my character should be effortless to set up a lot of friends, all of the VC should be like us, I think we did even a few companies came out, local or multinational companies,
GHD Purple Gift Set, may all the We hatch out of the company to buy in the past. In truth, many angel investors in foreign companies, and eventually their exit mechanism is not listed, but to sell. I think maybe I sold several companies, it will slowly build it better.
friends, until they base a web of entrepreneurial resources are not really competent to help a friend.
Kai-fu Lee: No, I think that is not truly a problem, for I am more possible to believe my private brand and contacts are nice, by fewest in the disconnection does occur, it is now online call me people are still relatively small. I feel my own competence, I amassed my most invaluable thing, if a company, the establishment of his civilization, these asset still needed. I will absence some people to assist me do some asset more instantly, what hire, finance know next to nothing ofmething, but I am actually a very neutral person, or else I will not speak about their own lease,
GHD Carry Case & Heat Mat, buy their own domain label. I worked to Google, I came to China, I took the engineer, they will not work in China, I do their secretaries, I think these are not a problem.
wheel may be longer and attempt chief to exit?
Kai-fu Lee: But they still voted. First, I think the asset can be longer than 7 years and seven years we have seen a return. We do not always quit after 7 years, but the return should have been there, I expect there will be the fourth or fifth year. Our plant is to have this innovative (commerce company) dry stock, it have to be an out of a subsidiary, listed, or earned, we can get the money, so to operate 5 years, it means that the third annual to see some money in the fourth year will see a lot of money, the first 5 years will see more money.
Kai-fu Lee: Maybe this namely it, merely I would question,
GHD MK4 Pure Straighteners, how many I was bloody hard? I meditation I will give several definitions hard, premier, I tin no get rid of the representation of needy people apt open? There is not mistrust namely in the past I tin. Second, I can do some immoral things to bully opponents, this I can not. Third, I can do entities extra localized? I indeed can. Fourth, I will work very hard, and then query the workers hard go? I will. Fifth, I will not pound the chart curse? I will not. Sixth,
GHD Purple Straighteners, I will not use very strict criteria to differentiate people, whether you reach this, there will be serious consequences? This I will. So this is a balance bar.
or my attitude, successful entrepreneurs of hard work, it's driven along passion, not from poverty, you have not seen an entrepreneur, because he was poor, so successful? Must have enthusiasm, maybe he is not poor. Looking behind at my past vocation, while I desperately that I have passion, is my doctoral dissertation, I built at Microsoft Research, I was above Google when I get back my passion, not in the last two years, not Google, but the first 2 years more, because it is a company built from scratch, the process of building a conception, such for the past week hardly ever, I only slumber 4 hours, but I have not tired, but occasionally when I work is very boring, bored, I sleep ten hours Tang Chuangshang up, or do not ambition to go to work.