Saturday, October 23, 2010

Two loud sigh as the HC


China's Internet industry, there are two hot spots recently - Baidu listed on the depth of cooperation with Alibaba and Yahoo. When the industry when the pride of the eye-fame, who will also go to attention to those losers?
At this point I sigh deeply as a company because this company could become the Baidu + Alibaba! The company is the HC, my former club before.
Baidu and HC - Left, Turn Right, HC has no way out!
As happened earlier listed Baidu, Baidu and HC on the first to give it.
Add this: HC's search business has been split into a separate company - the search, and has been the introduction of new investment, but the HC is still absolute control.
The two companies of the situation can be summarized as follows: start at the same time, then go left to the right, eventually widening. On the start time, technology, capital, if the HC on the right track, he is today Baidu!
HC 1999, I entered the Internet business unit, then vice president in charge of Dr. Fu Peng is my boss. Site's domain name was first wisenet.com (Hui network), later sinobnet.com (HC Business Network), 2003 years into the present hc360.com (HC Network).
After the 2000 Chinese New Year, vice president of pay Peng quit because of many reasons. Xizhimen Hotel Annex building in the HC of the large conference room on the second floor, the total paid leave to convene the whole sector of people. The total payment at the meeting I introduced him to the introduction of a HC talent, this man is now the CEO of Chinese search for Mr. Chen Pei. While we were left to deal with the overall feel sorry - for he is the best value HC Internet business people, on the other hand we believe that the new leadership will definitely develop the Internet business. Pei Chinese full-text search with a number of patents, and thus I developed a series of software and Chinese search engine. I am ready for a new development plan, prepare new leaders to "curry favor."
But we're just waiting for the lost, HC decided to remove an independent Internet business. Internet business development functions, were all split up into various industries division. I work because it168 background, then it entered the division, moved to Grand Manor to work.
Baidu was just beginning. I remember once in the Tsinghua Science Research Building to attend a business forum, Li Yanhong, or to a new young entrepreneurs face appears.
2000, Baidu and Sina solve the problem, HC took the opportunity to succeed and even many web portal Baidu to provide search services. At that time the deal looks good, now seems a big mistake! Guo Fansheng boss deep sigh!
Since then, I Series HC sell software and provide search services, not develop their own direct search services and brands. Baidu complete cessation of technical services, the full development of independent service. Take a left and a right to go. Two years passed quickly, the market for 2003, HC wake up, to launch its own service. Initially called HC Search (huicong.com), later renamed the Chinese search (zhongsou.com). But ah, too late! Google, Baidu, 3721 and, later, a search is up. Chinese search at this time think of competing users, need much more resources than the previous two years.
Do not see what data, you just ask yourself and your colleagues use several times a year in search, search in the end you will understand the Chinese position reduced to what.
In early 2003, HC institutions and personnel of adjustment in the completion of the HC network over the latest major revision, I was forced to leave the HC. Subsequently joined the 3721 charge of the company's core product - the network real name. Guangzhou Wo Shing I agents for new product sales training course, also met the Chinese people search.
After that there is any chance? China's search market after only a few players that had: Baidu, Google, Yahoo (a search), MSN Search. Market may only put 5 search engine? We can intuitively know the answer! Even above 4 may appear out of contention in the long term. And more than four people, HC what do you have? Brand, channel, capital, technology?
Internet industry really cruel Yeah, the opportunity once lost can never be brought back. HC so smart, always want other people to explore the way their come from behind again. It sounds beautiful, unfortunately does not work in the Internet industry basically.
3721 is an example. Trials to the end of an immortal, and then how many companies want to imitate, but none successful.
Sigh as HC!
Ma, please thank the most generous people - Guo Fansheng!
Ma is now a happy youth, but his happiness comes from Guo Fansheng a large extent. Is Guo Fansheng gave him three years, or be happy today, middle-aged men Guo Fansheng.
Basically the same time the two companies enter the Chinese B2B market. The year 1999, the two companies to enter the B2B market, and were given substantial funding. HC has its own profitable business at that time - and print newspaper classified advertising agency Business business offices across the country and excellent sales team. The development of B2B is very valuable, these conditions have not Alibaba. No wonder Mr. Guo Fansheng to our meetings always Alibaba dismissive. Resources from the time speaking, the HC has a small rich man, and Alibaba is only a poor young man.
Time back in 2000, due to earnings uncertainty HC decided to set free all industries Internet business division. Bear the heavy industries division of the annual profit target, how can long-term development to dedicate to it? 2000, 2001, 2002, the HC of the Internet business basically stagnant. At the same time, Alibaba has been in development.
Ma Guo Fansheng not be more farsighted than the? Not all. Because it is only Internet business, unless the company closed down or not do not do the Internet. "China Suppliers" "trust pass" these products are forced out to make money. Disadvantage into an advantage. HC is because there are other profitable business, but not life or death, strengths into weaknesses!
In early 2003, HC renewed attention from the Internet business. I was summoned before Chinese New Year will be the headquarters for the HC's Internet business to determine location, the new revised plan, new product planning. I took a new team starting your life after the two proposals and amendments, the program is the highest level by HC. High-level instruction by planning and implementation of various industries, rapid progress. "China's trade gateway" location, industry, search, business yellow pages is that time of the planning done. After the wave came from a new marketing director, and then I left the HC.
Product is good, very successful revision, extension was advantageous, HC Internet business quickly realize huge profits. Only one problem: too late! Then three years of development time left rival, the HC can be placing him second child is a kind of lucky.
HC carried out by the end of 2003 IPO, but the place is Hong Kong GEM Listing, financing amount is not large. Alibaba is not listed, but the great popular these days, far more than the amount of HC listed private equity financing amount. If the Alibaba IPO, the gap will become more apparent HC. How the Internet industry, changes in three years? Guo Fansheng to the opponents for three years! He should be the Chinese Internet industry's most generous people.
2 loud sigh as HC!
These things I have mixed feelings, the success of the big bosses do not necessarily very high out! The reason why you think he clever, it is because he has his own clever headlines, quietly hiding their own mistakes. In 2004 I finally made a hesitant pace of business a long time, was first set up his own investment companies.
If not successful then there is no God, we think, we also have the opportunity to become a happy youth. China, the mountain cave hidden treasure definitely more than one! Think of mobile Internet, online photo services, I drool ah!





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