Sunday, October 24, 2010

Zhou Hongyi: No company can be war of words Masi


"Our financing of about 3,000 million U.S. dollars, and now there are 25 million U.S. dollars has been credited into account, there will be an additional part of investors."

On the odd tiger re-financing sources, the chairman Zhou Hongyi, the self does not feel elated, "we would not be so emotional." Although the financing of its preparations for just 2 months, the old club Yahoo CEO Jack Ma, and are in Jerry Yang, chairman of the United States, its financing of overseas news obstruction after another, he is still not fully convinced that Jerry Yang will be involved in this.

"No company can be war of words Masi, of course, the famous investor will not be around all kinds of rumors." Evening of November 15, Qihoo news release access to finance, telephone interview for Zhou Hongyi still quickly made fast language.

Thus, the odd tiger was founded eight months, two rounds of financing, three items into funds, venture capital and a total of six angel investors, each fund is 10 million U.S. dollars level frequently, Zhou seems to have every reason to continue their search for large Dream, former rivals - Baidu, now the new enemy - the one in the addition of Yahoo search engine market rivals, but rivals also won the top U.S. venture investors of all ages.

From 3721 to the Yahoo era of "one search" and then odd tiger, Zhou Hongyi always somewhat contentious in doing a search engine called dreams. "Our community + search mode is an odd tiger team many years of experience in the search field, and Google, Baidu's search algorithm, we are a new generation of search, and they have been into the list of traditional search engine technology."

"Here is a simple example, if you want to buy a train ticket online, Google is unable to help you, but odd Tiger's search technology can be achieved." Qihoo is asked every time what to do, and Zhou Hongyi will give this simple example. "Church is not the so-called tiger web2.0, but we have our own unique technology and our in-depth study morphological changes in the Internet search engine technology has just begun, and this is venture capital to invest in our reason."

"This is indeed a new search method, previously Google's search results is to use the static pages of traditional HTML link to calculate the view, is close of links and statistics, is now odd tiger using 'community + Sousuo' 鐩?integration, user generated content The search algorithm is a new model even in the United States, so within 2 months we decided to invest. "director of the U.S. Venture Capital Yuan Wen red dot up to introduce.

"August 5, 2005, Baidu became famous when the IPO went to the NASDAQ, Robin Li wealth rise abruptly, or that Zhou Hongyi Zhou Hongyi, rivers and lakes has been regime change, the domestic search engine market, Baidu is already, Google's world, coupled with Yahoo and found the dog, etc. and ended, leaving room for is running out. "said an industry," decided to enter this field, odd tiger face strong opponents sniping and hostility. "

Up to now, no separate listing of which a Web2.0 website, business, industry, capital markets do not see the "example" power. Although with Google acquisition YouTube, Sequoia Capital to its 11.5 million U.S. dollars of investment into a 495 million U.S. dollars overnight, "windfall", but still could not conceal the capital could not be separately listed on YouTube's depressing. Some analysts believe that this is a cause started cautiously venture capital investment in Web2.0 one of the important reasons, "This venture capital business, which is very fatal. After all, the wind market is the best investment exit mechanism."

For the recent bad-mouthing, layoffs continuing sense of web2.0 winter, Zhou admits to comment, only talked about his dream: "odd tiger is more than a year of business, profits and market are too early, of course, not a goal listed Indeed, through the listing you can have a good brand resources, can give a good return on shareholders and employees, but you must also have good performance, Baidu and Google are 6 to 7 years after the successful, I dream of the odd tiger made 1 billion U.S. dollars of the company.






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