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周娟,我为什么卖掉56(Zhou Juan, why did I sell 56)
周娟,我为什么卖掉56(Zhou Juan, why did I sell 56)
Zhou Juan: Why did I sell 56?
In a money losing industry, what can not be listed is to die or sell? When should the entrepreneur sell the company? Will China have a merger boom?
In the middle of the road to meet IPO, why 56 quietly face change?
Earlier this year, when Zhou Juan heard the news that potatoes were ready to go public, she was a little worried. Prior to this, Youku has successfully landed in Wall Street, and if the Chinese video industry appears again a listed company, there is no doubt that the rest can only be supporting role. There are at most two listed companies in one sector. This is Zhou Juans judgment. She founded the 56 Network for 6 years, do not want to become the industry reshuffle after the Regal isolationist .
Almost at the same time, Chen Yizhou finally made a listed company, his Renren needs good original video content. He asked Renrens financial advisor, founder of Huaxing capital, who could recommend the target?. At the same time as a 56 net Financing Consultant package, of course, think of Zhou Juan.
The two sides spent nearly 4 months to complete a $80 million news, with the package as saying, regardless of the timing or price, this transaction is the best choice for both sides.
When we are in the Zhou Juan Beijing office when I see her, she is the senior vice president of identity office. The companys schedule will be arranged before our scheduled interview time, so that she cant spare her time to meet the professional make-up artist she has already arranged.
Founder Zhou Juan has a good background - an early core employee of the NetEase, an Internet veteran. Having witnessed the ups and downs of the early Internet Co and the changing curves of Chinese stocks, she felt that his desire to succeed was even stronger.
56 networks by the old VC Sequoia Capital China Funds favor. Start at the beginning, Zhou Juan released rhetoric, if VC can understand them, it must be sequoia. Indeed, Sequoia sme
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