Abstract: over the past year, Chen Yizhou and Lei Jun met several times in Wuhan University Department of computer they have done half of the students. Maybe he wanted to copy the Lei then mode: to do a few years to find suitable investment horizons, then run up their runway.

 

if you can travel through time and space, ChinaRen founder Chen Yizhou met Renren CEO Chen Yizhou, he will ask what the backward

?

, tell me what you’ve got. I promise I won’t step on it." Chen Yizhou laughed.

if Chen Yizhou met today ChinaRen founder of the, will tell the latter what?

you do things like QQ, do not do anything else, but do not buy it Tencent stock."

may think this is too utilitarian, Chen Yizhou said sternly, "may say more philosophy: don’t work all day, take two hours every day, pondering is doing things that are not your work."

over the years, Chen Yizhou undoubtedly stepped on a lot of pits, or, you can say he missed too many opportunities. Every time he saw the trend ahead of time, but always fell on the halfway. Do ChinaRen, did not keep up with the capital chain, the results had to be sold to Sohu. Do many sites: DuDu, UUme, Donews, mop.com, 56, glutinous rice…… Contains the following concepts: download, community, games, news, video, buy…… A most lively return of silence, finally, 56 sold to the Sohu, sold to Baidu glutinous rice.

, however, the best opportunity for Chen Yizhou to seize. In 2006, he took advantage of the capital advantage of the successful merger of the school network, and its similar sites with the transformation of China’s largest real name SNS website renren. Two years later, his company received $430 million in funding, including $384 million from Softbank especially. To know that Ma only got $60 million from Sun Zhengyi.

2011, everyone will, renren.com all games, rice, etc. graticule packing, known as "Facebook (community) +Zynga (game) +Groupon (group purchase) +LinkedIn (workplace social) mode in a body, listed on the New York stock exchange, the market value of $7 billion 120 million, second only to Baidu in the China Internet Corporation Tencent, Sina, then listed on the Hongkong stock exchange is a leading Alibaba. The shareholding ratio of 22.8% Chen Yizhou $1 billion 620 million.

however, 4 years later, everyone did not become China’s Facebook. Decline in performance, so that its share price fell to about $4. In June 2015, Chen Yizhou and COO issued a non binding privatization offer to everyone

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