Reinventing the Millennium

A reporter from the CCTV Financial Channel was very satisfied when he heard the message from Fang Zhuo, President of Yike.

How else can we say that people can start their own business over and over again?

Regardless of whether it is true or not, the attitude of being on the road is different. Originally, I just wanted to hear the reaffirmation of "advice to Sony" from last year's show champion, but I never expected to be able to edit out something more interesting.

"Mr. Fang, this time you are going to appear on the stage of "Win in China" in a different capacity. What do you think of the current entrepreneurial environment?" The reporter stopped immediately and asked a general question.

"As we join the WTO, manufacturing is a good entry point for entrepreneurship. Many global companies not only want to reduce costs, but are also optimistic about domestic market growth. People who are interested in entrepreneurship should see this development wave." Fang Zhuo said seriously. Make suggestions.

The reporter was a little surprised and asked: "Mr. Fang's entrepreneurial history started with Guahao.com, and now Yike has been adhering to the combination of the Internet and music. Why do you recommend that you look at manufacturing?"

"Because the future of the manufacturing industry is right in front of us, and the Internet, of course, has a good future." Fang Zhuo smiled and offered the topic, "But you see, some big Internet companies are also making mistakes, and individuals are more likely to make mistakes. .”

As expected, the reporter asked politely: "Mr. Fang, can you give me an example?"

Fang Zhuo said generously: "Let's just say Sina. It is the first domestic Internet company listed in the United States and the first approved to operate Internet information services. It is amazing. But in September last year, it had a It was a very wrong move.”

He continued: "It paid nearly US$8 million in cash and 10% of shares in exchange for 29% of Sunshine TV's shares. It is difficult for this cooperation to produce positive results."

The reporter said "Huh", that's about it.

Fang Zhuo kept talking: "You know Sunshine TV, right? It's Sunshine Culture Network Television Co., Ltd. Although it is a listed company in Hong Kong, its media is very single, which is a bit like Sina."

"Sunshine is a mass media, and the marginal cost of its cooperation with Sina is very high. It is difficult for them to get more advertising business through such cross-media platform cooperation."

"Considering that Sina kicked out its founder in June last year, I think this action after three months is very confusing and a bit like seeking medical treatment in a hurry. This is very inappropriate."

"As a listed company, Sina must be responsible for its shareholders and the majority of shareholders."

Fang Zhuo made serious criticism.

The reporter was a little dumbfounded. Good guy, who are you criticizing?

Those who know understand that you are the president of Yike Technology, but those who don’t know think you are the president of Sina!

"Uh, Mr. Fang, I didn't expect you to be so concerned about Sina." The reporter said tactfully.

Fang Zhuo said calmly: "I just feel sorry for Sina. Such a pioneering company should not be limited by the fluctuations in capital and equity at this time. It should make great strides forward."

The reporter laughed and said: "I believe that listed companies like Sina will review their development reasonably."

Fang Zhuo nodded slightly.

The reporter's questions continued to go nowhere and he started talking about entrepreneurship. After all, this is an entrepreneurial program.

Fang Zhuo cooperated with the camera to encourage Chinese entrepreneurs to be diligent and thoughtful, to embrace the trend but also to be down-to-earth.

The reporter from CCTV Finance was very satisfied with the results of this trip. Mr. Fang has a good image, good conversation, and good abilities. This kind of three-good guest should really appear on TV more often.

Before leaving, Fang Zhuo asked when he could see the interview. The reporter said that the footage would be online soon, because the preview for the second season of "Win in China" was to be made before New Year's Day, and the show had already been released before New Year's Day. The registration audition started.

In view of Mr. Fang's friendliness, the reporter also kindly told the news that this season's "Win in China" guest commentators will invite Sina executives.

He stopped clicking and felt that Mr. Fang was young and energetic, but he still had to be careful with his comments in the business world.

Fang Zhuo happily sent people out, ending this small interview from CCTV Financial Channel.

Since he fell in love with Sina, he has added a lot of information about this famous Chinese portal website. Regarding the large-scale cooperation between Sina and Sun TV, if he were in the position of Sina CEO at the time, he would never do it.

The reasons he told reporters were not without purpose. After careful consideration, Sina's actions were probably not all based on business considerations, but out of complex factional struggles.

Therefore, Sina needs a major shareholder who can take charge.

…

Three days later, CCTV's financial channel "Win in China" launched preview interviews for the second season before the Lunar New Year. Among them were judges Xiong Xiaoge and Xu Xin from the first season, as well as contestants from the first season Zhou. Jin, Qianjiang et al.

Among them, Fang Zhuo has a special position and has a lot of shots. He became the champion last year, and this year he became a guest commentator with his excellent project results. It is quite dramatic.

However, this kind of drama is very consistent with his performance on the show last year.

Viewers of the show still remember this young champion and his confident advice to Sony, but this year's broadcast of the phrase "Sony has no chance" still made people laugh.

As always.

A few seconds after the scene passed, many viewers overturned their judgments. They were not as usual, but better. The tone of criticizing Sina became more confident...

A reporter from a financial newspaper also called Sina and received a "no comment" answer.

Two days later, Sina's own financial section published an article titled "What's the point of talking on paper?" which was a direct tit-for-tat response to the words of a young president of another company.

"Fang Zhuo is a person who claims to start a company, but he is very good at dancing on TV."

“What position does he have now to evaluate what he calls a ‘domestic pioneering enterprise’?”

"How can he discuss the decision-making of another listed company based solely on smattering of information?"

"President Fangda please do a good job on his registration network before evaluating Sina."

The main writer of Sina Finance wrote a long article, including comments about Fang Zhuo's past companies and ridicule of his frequent appearances in front of the camera in the past year. The writing is full of energy, and it is very refreshing to read.

There is no need to wait for Sina's executives to make any move, there will be a response from below.

As the person who appeared in the camera, Fang Zhuo took a moment to read this article, and it was his vice president of marketing, Li Lan, who nervously came over to remind him.

"Mr. Fang, should we find a place to clarify this?"

Fang Zhuo stared at the screen for a long time without responding.

Li Lan asked tentatively: "Mr. Fang?"

"Oh, it's okay. Don't worry about it. This financial writer..." Fang Zhuo scrolled down the screen and found his name. "This financial writer's name is Xu Changlun."

He praised: "The writing is very good and talented."

Li Lan didn't know whether to laugh or cry. Why did he just watch this for a long time?

It seems that this person's talent is still limited, and he didn't touch your heart, otherwise you wouldn't be angry?