All the right words are nonsense - nonsense with Zhou Hongyi

 1, aphasia is still continuing.
2, 29 June can not help but want to write the thing I read in blog post This is the digest, simply put the words before the Notes are excerpts from.
Everyone knows that some of the so-called truth, the so-called hidden rules, think of it laughable. . I guess, a stormy return to innocence of the Internet veterans, should also be some kind of aphasia patients. Moreover, Zhou Hongyi, or the Internet, of water is about entrepreneurship. conversations seem well-meaning, seem to inculcate, but I believe, had finished, he must think that a lot of nonsense. no practical people who've been listening to these words may not be convinced, that Zhou Hongyi alarmist suppress backward; experienced people who have been unwilling to accept these words, feeling Zhou Hongyi nonsense affectation. has not made.
6, though, all the correct words are nonsense.
7, Zhou Hongyi, a newspaper can not do otherwise, he had a loss of upside down. newspaper can not say the right nonsense, can only say that the real nonsense.
8 , say it is nonsense to pick the timing. with a purpose. to have ideas. also slightly more imaginative.
9, and then let the media continue to say that the real nonsense.
10, go its own way, so that their cab. mm Actually, I do this then why is not nonsense?
11, not after he finished. at least the less.
Enclosure: Interview with Tiger Zhou Hongyi guest rooms
Moderator: Today Tiger interview guests between Zhou Hongyi, chairman of the odd tiger, weekly total of new entrepreneurs who want to have much to say.
Zhou Hongyi: Today to talk about WEB2.0, and then talk about the odd tiger.
I think WEB2 .0 changed the Internet, so that users receive information from passive to active participation in content production. the so-called invention, the stage is a summary of the Internet. there's blog, podcasts and other new applications, I have called these communities, the overall application of the emerging trends have emerged of the community.
concept is hype now WEB2.0 a, WEB2.0 concept into a box, put anything inside.
Moderator: There are people questioning the actual role and WEB2.0 bubble, you think so what is the cause?
Zhou Hongyi: First of all, WEB2.0 is an idea, not a technical secret, not a barrier. it's just not passive acceptance from users, to participate in services and content to form a positive feedback process. Secondly, whether the field can and web2 .0 combined to generate new business. I am firmly opposed by 1.0,2.0 Internet companies.
question now is, WEB2.0 companies think they grasped the invincible weapon, in fact, this and search the company acquired core technology is different, WEB2.0 an understanding not only understand, accept and not accept things. to say that community-based, Sohu's a great community not to do? ebay transaction is done in the community users, QQ users to do instant interactive communities , Netease's Fantasy Westward Journey is doing the community, game community with your friends and clan.
Moderator: This is a new batch of young people, they may not have experience.
Zhou Hongyi: too many The naive young WEB2.0, as a barrier to an idea. I, for example, such as blog, each site has a community, and the blog community is now an important feature, which makes the core business of those who blog The site is very difficult to succeed. now in the country, not just the portal is doing, but the largest flow of people is not that specific blog site, MSN, QQ zone is the largest.
WEB2.0 is not a new invention Summary
stage Internet Moderator: You do a burst of angel investors, and if that failed to meet many of you?
Zhou Hongyi: I read many business plans, there is the concept of a My space per cent of the business plan imitators to my hand. they are not mastered a technique, to be honest, not as they master the technology search, P2P, not as a large site mail, content management system, anyone can get and use their existing skills.
can even say that they think they get the atomic bomb, in fact, just pieces of wood.
Moderator: specifically how to say.
Zhou Hongyi: Many do WEB2. 0 to get just a function, too thin, insufficient to support a complete business platform, is more suitable to become a part of large companies. it is not sufficient to become killer, beat his opponent; it can be highly imitative, not barriers.
I need to not only function, is a model, you need a set of sales, technical, marketing, legal and other support systems, which are not available WEB2.0.
such networks pick, only a few functions, many sites can do. There is another called > Moderator: That is a lot of WEB2.0 do not have the original site when the strength of large companies with existing Internet destabilize?
Zhou Hongyi: now more WEB2.0 illusion, more from real consumers . the existing gateway to China has tens of millions of users, provide services, to understand what ordinary users. And WEB2.0 site no business experience, more of a small circle, is the ivory tower. They did not do real business to run, flatter each other in a small circle to produce hallucinations. many companies are four or five people, brought over from the United States the concept that, to believe that they can subvert the Internet.
WEB2.0 infantilism
speculative mentality serious, no original ideas and patterns, thinking ahead of the market front, the big Internet companies rather scornful tone, but many did not WEB2.0's own ideas, but the concept came from the United States transplant.
environment now facing the Internet and the 2000 phase than a great change. any one thing large companies are concerned about, often times small companies in the road, if there are signs of large companies with extensive experience and resources to kill into the room wrapped.
too much money into the Chinese Internet market, the holding should not take all their money, but also gave birth to the phenomenon.
WEB2.0 website unprecedented challenges facing large teams lack of experience, execution, resulting in a lack of competitiveness, too much WEB2. 0 extreme at this point the company in question.
many WEB2.0 is Wing.
big Internet companies, if not the sense of learning, which inevitably die. WEB2.0 and large companies can compete, but it must be blue ocean, open up new markets, not only to create new features.
chair by: you see what impetuous WEB2.0 quite prominent?
Zhou Hongyi: WEB2.0 infantilism bear the brunt of that. speculative mentality serious, no original ideas and patterns, thinking ahead of the market front, the large Internet company rather scornful tone, but many did not WEB2.0's own ideas, but the concept came from the U.S. transplant from the blog, classified ads to video sharing.
this way, since 2000, has proved unworkable, not to mention the one extreme lack of experience. there is no creativity, no in-depth understanding of China's Internet, the next operation will meet the challenges and lack of acclimatization, which in turn led to ideas and models of limited inevitably unsuccessful.
now facing the Internet environment and a great change compared to 2000. can be said that in addition to the efforts of the founder, the existing portal with a great chance of success, until 2000, the desolation of the Internet in China, we are still silly, do not know model, competition is fierce .2000 far from the bubble burst, no new entrants to the first batch of Internet entrepreneurs to explore the time and opportunity.
Now, the market is large, mature, highly competitive, and Any thing large companies are concerned about, often times a small way in, if signs of large companies with extensive experience, resources, wrapped kill the door. small companies out of large companies to watch, but also beware of clone makers. China is still a lack of creativity, bread spoof of The Promise is good, but the original is difficult. have a little brother in the 1000 copy of My space.
another point, too much money into the Chinese Internet market, the holding should not have to take the got the money, but also gave birth to the reasons for these phenomena.
China is still a lack of creativity
Moderator: Why next generation of Internet entrepreneurs who do not learn from your experiences of these veterans do?
Zhou Hongyi: This is what I Turning to the second question: WEB2.0 website unprecedented challenges facing large teams lack of experience, execution, resulting in a lack of competition, too many WEB2.0 extreme at this point the company in question.
many who have not spent a 1 million yuan, the sudden melting to 500 million U.S. dollars .2000 history has proven that the financing does not mean success, and some financing is propellant, and some financing to accelerate the destruction.
more money , ideas for more, some people started not to focus, and some people do not know how to spend money. It is the hottest, the Chinese people pay attention to the loss of profit, just easy to break.
business is the probability of success, WEB2.0 so many companies take their money, there will only be a few success.
Moderator: Talk about your exposure to the angel investment team WEB2.0.
Zhou Hongyi: names would not have said . frightening is that many people had not been in possession of, nor control extraordinary. never been a boss, or at least should have done a good employee, and many are Ge Jige, not to mention management of their money to begin large-scale move people.
Although the company management no genius, but one company had 50 people each, have raised new management challenges. can never manage people, to be tube 500. then Baidu, 3721, in the very long time is less than 200 people. management requires the accumulation of the need to establish corporate culture, need to build the middle structure, which should be a time for the price. WEB2.0 is now a lot of zero-management state rolled hundreds of people within six months, it will trouble. out of the question, and suddenly half or two thirds of the Conference, which will be debilitating.
WEB2.0 company did not realize some of these problems, I was in charge of these companies is called they can not develop effective goals, daily meetings, no concrete executable tasks, small businesses have contracted a disease of large enterprises, but also every day immersed in the dreams were. WEB2.0's team now, these problems appear through the media can see the team leader is not aware of these issues, not ashamed, anti-thinking wing.
Moderator: So they'll ask: is how you do it the original?
Zhou Hongyi: not there experience to do the Internet, when we know silly, so desperate for, around learning, lessons learned, and we hope the company National Cheng Kung University. WEB2.0 company that long-term view, will become experienced; if lucky, can find unique developments in the field.
you know, do the company can not escape, to have R & D, marketing, management, finance, law to support a variety of system, do a very ordinary little things, to sense things, not always is play it cool. WEB2.0 company only to see large companies exposed tip of the iceberg, see the big show on the outside, CEO, did not see the big companies behind 80% of the iceberg underneath the water, they are by many people to perform specific things propped up. such as we see Google really cool things, but Google's marketing system is not cool, like the season to complete the task. Google to graffiti his staff, but its core search engine technology , the cool stuff only a few percent of its traffic only.
Moderator: You say many of them are not, then what is the OK, you do not row. management is the personal things, I want to combine the characteristics of managers, team, to do something to change. If there are no large companies to the Internet, learning awareness, which inevitably die.
criticism other is easy, but they can do is very difficult. WEB2.0 site like a CEO, write a blog written recognition in the inner circle, but also teach others network marketing, but only in the circle of your site where few people know. so many people is the success with his stuff.
Moderator: WEB2.0 your company now very pessimistic.
Zhou Hongyi: The present situation is, the name of WEB2.0 under the banner of the company, did not see a few can grow. like a blog, blog have been able to survive, but that is earning a few hundred thousand a year, millions of live, because they have some great door, and they do not have have a large portal.
WEB2.0 thought good, large companies use it Phoenix Nirvana, the new company will be forgotten by the 2.0 concept, not as a life-saving magic, depending on how their own ideas to create value, is timely , or icing on the cake, to think about how many users, there will be a huge market.
a venture capital associations to ask you: Why do you do? you have the technology or the implementation of strong? Who else is there in the industry do? WEB2 .0 to have their own original and pattern, to a certain barriers. such as the Thunder is a download software, product planning in line with the Chinese Internet to download games, songs, movies, the habits, and secondly, Thunder is completely self-developed agreement is P2P with multi-server architecture, and many others in the BT download software is open source code rewriting, such as the eDonkey finished, this way everyone can easily do it, the product can not form barriers to competition . Third, it is user-oriented, and slowly accumulated tens of millions of users to resources. This is the Thunder is very cool, low-key results of three or four years to do.
Moderator: how to identify new business people what they it is a significant and valuable ideas?
Zhou Hongyi: WEB2.0 and large companies can compete, but it must be blue ocean, open up new markets, not only to create new features. need more experienced people to help them see, how to form business model. They need to make the team stronger, continuous learning, creativity and execution.
start: Be sure to start is to subvert
must have a new industry, we must subvert.
WEB2.0 the requirements of the interaction of Internet users is relatively high, can not criticize all day long is foul language, that I might as well go through the media, edit the selected articles.
optimistic about the mobile Internet will change the pattern of the Internet; optimistic about the further search development.
many so-called 2.0 companies will not become a listed company, because only you use a large area to provide service, barriers, you have value, can be listed.
odd tiger does not open around the traditional advertising model , but nothing innovative.
Moderator: What you personally optimistic about the WEB2.0 product?
Zhou Hongyi: I like the community, search, and P2P, the odd tiger is positioning technology and products provider, rather than content.
Moderator: As a veteran of the second Internet business, how did you develop the strategic direction of the odd tiger?
Zhou Hongyi: that there must be a new industry, we must subvert .2004 do a search on Yahoo China to do a search and Google, Baidu competition, was the portal to imitate; 2006, Yahoo China to follow the strategy to do a search, the results can be seen now. A big company can not imitate the success of a small company more difficult.
in the United States to do a small Internet companies, either out of interest, or acquired by large companies, it is after all more than one exit, mergers and acquisitions of large companies in the Mainland, the possibility of small, large companies tend to make their own way, acquisition, or very few. With cool idea, but do not, the lack of big business factors. abroad like flickr.com, and large platforms are combined, act as a catalyst. Therefore, the living environment at home than abroad bad, WEB2.0 companies to be cautious. < br> China is still in the early stages of the Internet
Moderator: WEB2.0 interactive window opened up new business, how do you see?
Zhou Hongyi: China is still in the early stages of the Internet, users on the Internet use is not mature . WEB2.0 the requirements of the interaction of Internet users is relatively high, can not criticize all day long is foul language, that I might as well go through the media, edit the selected articles. The media's right to speak is very important, which is a kind of interaction with the network balance.
more opportunities for the less mature industries. even if it is skiing, cooking site, have meaning, can survive, but not listed. This involves all aspects of the Internet boom, the Internet will thus prosperity, but the risk investment, the bubble will bring lower return on investment.
Moderator: What are the chances are you optimistic about?
Zhou Hongyi: one is the mobile Internet, the Internet will change the pattern. China has more than 400 million mobile phone users, a portable phone, and a good fee income. but the key is to make their own products .3 G is an opportunity for the Internet.
The second is the search for further development. Qihoo developed a spider program, is to see small sites are not may have their own established marketing system, the odd tiger had accumulated in 3721 can be used to channel resources to help them sell, split.
Moderator: Do you think the odd tiger is now the company's benchmark WEB2.0 you?
Zhou Hongyi: Qihoo WEB2.0 company is not, nor is any indicator, the odd tiger is the search engine positioning. odd tiger now has 400 people, one third from 3721, and Yahoo China, and the team who created the New Year 3721 Revenue $ 40,000,000, profit of $ 10,000,000, five hundred million to 600 million yuan in channels running performance. from the few people to hundreds of people, in five or six years, after a lot of commercial warfare, and the Real Name, CNNIC, Baidu and so on. and 3721 60% of the staff joined the odd tiger, who fought in the Internet industry for several years, the industry with rich resources and experience, grasp of China's largest Internet channels, the odd tiger also attracted many large portals to join the staff, team strong enough technical experience, have a good record of success: There is first paid to do search, the first occupation of a desktop search software desktop. created a search revenue performance in the country ranked first in the Yahoo .2005 flow rose to second from sixth, the team in the country with strong competitive strength.
Moderator: What is the odd tiger business model?
Zhou Hongyi: Qihoo talk about the business model change. But how to combine search and community issues such as the search is far from being resolved.
do not want to simply imitate the odd tiger, there is no chance of success, only princes to study it. Microsoft has an opportunity in the search, is the Windows and the opportunity to IE default; with Baidu, Google is the top three traditional search. in the traditional search, there is no interest in the odd tiger, search should be accumulated, not overnight success in the algorithms, Microsoft have accumulated several years before product launches, and then they would go on grinding to mature. after all, have done 7 years Baidu, Google did for 9 years.
original and Baidu played against each other the winner. we had a gap in technology and Baidu, which With the accumulation of four or five years down, you can give it a try. Now the search market is already the brand competition. search and P2P, the combination of the community, this is a new generation of search.
Moderator: So the odd tiger is not the primary aggregation model direction?
Zhou Hongyi: Qihoo the previous stage of polymerization, the product is not yet complete when the chopper small test to help users access to personalized.
Moderator: The profit model is the odd tiger or advertising?
Zhou Hongyi: do not open around the traditional advertising model, but innovation only. But now the technology do its odd tiger, but also not to mention revenue.
Moderator: Qihoo What are the core business of competitors?
Zhou Hongyi : odd tiger can do, Baidu, Google can do, other companies may not do. banner network and the odd tiger technically can not be compared, do not believe so, open a Web page, search on to find out. Qihoo blog search, Music Search, BBS search are excellent, the banner is the aggregate community to improve the flow, and finally embarked on the road My space. the search is not who can do a good job, some companies have done 4 years, the search has not it.
Moderator : You also manage the odd tiger and business angel investment, the investor is the odd tiger will ask you to be more focus on the odd tiger body?
Zhou Hongyi: I mainly play the role of a bridge, I VC has promised to spend more as far as possible more time in the odd tiger, and I am very happy to do so, the odd tiger which are my colleagues, my subordinates, I have feelings about this team is. the year 3721 I decided to sell to Yahoo, leading the company's demise, so we left a regret. I want to help you build a platform to re-dream. We have to start from scratch and re-prove himself.
in the company, my role is a complex type, one as an investment, I help them plan strategies to help them communicate with the VC. while I was a member of the entrepreneur, and I fought side by side with them more enjoyable to participate in product development discussions, brainstorming with them.
Moderator: your investment Several companies, the odd tiger, Thunder, Discuz What is the relationship between what?
Zhou Hongyi: Sometimes, I will bring together some of these companies reached a cooperation, for example, odd tiger search technology available to Discuz, to help it from a software company in transition into Internet companies. all my investment company, I share below 10% of shares are, I will not control these companies, mainly to give them suggestions to help them plan business model, to my experience are passed to them and help them to the next round of financing. They are independent of the development.
In addition, I also take this platform to clarify some rumors some time ago, I invested in a bad way, and 51com accounted for more than 50% of shares, this is nonsense, I have never invested 51com, and I accounted for all investment shares of the companies I have no more than 10%. and now there are some so-called investors, investments have to become a legal entity Shares more than 50%, that is not an investment, it is the company as a pawn in the future will be merged into to their own strategic planning. It is completely different with my investment philosophy.
Moderator: risk to your business and do investment experience, which the Internet boom, venture investment options which change the project?
Zhou Hongyi: hot Internet investment in the United States, the U.S. venture capital into China and found that many industries can be cast, which extends out TMT industry, agriculture, chips, etc., there are many other opportunities. Now when China is the great funds come in many opportunities to make money.
but WEB2.0, the capital market reaction to some caution. To find out, some foam Since WEB2.0 company itself, has undergone some WEB2.0 got the money but did not achieve the desired effect, but was covered and beyond.
Moderator: My space of WEB2.0 imitate prospects?
Zhou Hongyi: My space and the CP combination may Me and, after News Corp. acquired the operating well. such as My space in the future mode of acquisition of a CCTV website. Some can not be bigger, can not escape the fate of the acquisition, because they do not necessarily listed. For example watercress, will not become a listed company, because only you use a large area to provide service, barriers, you have value, can be listed.
Moderator: the ultimate goal must be the odd tiger market, and there is no time Table?
Zhou Hongyi: odd tiger will not sell, the target market is the odd tiger, but still go down, the odd tiger to change the competitive landscape of the Internet. I find the time investment and investors have been on a good, not as the year 3721, as have so much pressure to sell.
do that when the market is naturally on the last step, and no Internet company not listed.