Shanda president Jun Tang last week announced its departure; serve four-year period to help the big U.S. market, has studied in Japan, the United States, were awarded the physics degree, Master of Electrical Engineering and Computer Science Ph.D. In 1994 joined Microsoft; 1998-2001, Bill has won three times. Gates, president of Excellence Award and the Outstanding Management Award .2001 He became general manager of Microsoft's Global Technology Center in 2002 as the Microsoft (China) .2004 president leaving Microsoft, and was awarded Tang Jun 3, Shanda announced the departure.
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wealth. stand taller to go further. Some looks are trivial, and even some Jun Tang told before, the goal he wanted.
panacea
capital three months after joining, successfully led a grand landing NASDAQ, for the company to address the financing channels; twice went to the Wall Street road show, will be a grand price Even excluding the fixed annual income of 250 million shares a grand to a grand options Jun Tang (about 75 million U.S. dollars) is enough to make him among the list of richest Chinese line.
But Mr Tang may be more to the grand .2004 5 month, three months after joining Tang Jun, a grand success in the NASDAQ market, as the field of online gaming world's first publicly listed company. even though the U.S. stock market environment and unsatisfactory, even though he was later derided as bridge, recalled that if the financing was not listed to solve the problem, then the original plan the next steps in the chain have to be forced to delay.
according to Mr. Chen's memories of that second half of 2004 for transition Internet in China, Shanda determine their position within the field is essential. but only on the accumulation of cash flow from operations, did not grand enough strength to complete the transformation, Chen dream grand empire even get a chance to sprout. more The key is to judge according to Mr. Chen's grand to be launched in 2004 the whole project, otherwise you will miss the best time.
to now, no information officially recognized Tang Jun in the first three months of joining the grand in which Mr. Chen has done the impossible thing. But in 2006, when a grand when the stock price fell below 12 yuan, Mr. Chen has more than once to express themselves in a variety of occasions for the Tang Jun
value reflected in this context is particularly obvious. as grand president Jun Tang not only completed the IPO, it is the next two went to the Wall Street road show in October .2006, a grand 275 million facing convertible bonds to of financial pressure, the trip to Tang Jun, after Wall Street stock price rose 30%; year later, China's Internet stocks were dragged down the broader market, the grand price remained low, Jun Tang's trip to Wall Street, the market value of the two Zhou Housheng large increase $ 800,000,000, or even Chinese Internet stocks led the collective sector rose.
2005 years, Mr. Chen explained the grand in the four core strengths of channels, you can easily use the capital to develop the international mainstream. but it was all smooth sailing for Mr. Chen does not seem to understand the anguish Zhang mmm to use English with the Wall Street gang Naodai guys are all dealing with the financial statements, and maximize the ; close to the grand high-level source said the company, never thought about looking for a single president. let Mr. Chen Jun Tang to the final determination to please the middle there may be some stories. As for Wall Street is not because of the communication process and the obstacles encountered, you can guess. ;
2004 �� 2 9, Tang Jun, president of Microsoft China, leaving the same day as the grand president; three years, Chen said: ;
M & A Madman
2004 the last day of Lunar New Year, Tang Jun, orchestrated a
2005 �� 2 8, Jun Tang a grand tour of duty in just one year.
a year, a grand more than 10 times to complete large and small acquisitions, which also includes the old enemy, the South Korean game developer controlling stake in Actoz's fold. However, these acquisitions did not give the taste of the media have too many more surprises Diao, until February 8, 2005, the last day of Lunar New Year 2004.
Later, according to Tang Jun Exposure memories, the Lunar last working day of 2004, Mr. Chen Jun Tang to the proposed still did not react.
and Jun Tang estimates as earnings season Sina done extremely ugly, even lower than investors expected. data encountered a lot of selling after the announcement, the stock plunged. The grand is through their own belongs to a steady diet of four companies Sina shares, until the ratio reached 19.5% mmm holding in accordance with the provisions of the SEC, more than this percentage, holding company for the right to require shareholder consolidated financial statements.
the first is the old search (Chao) called me to tell me a grand to buy our shares. Mr. Chen to fight over the telephone, say we bought Sina's stock, then no. is sudden, the Spring Festival, we stay up late almost every day to open the phone will. raids was later known as the net profit.
interaction can reach out into the original out of the reach, and that is the living room. If this combination of success, is to change not only the two companies, and even the entire age structure of China's Internet users. Cheng Tianyu said, and the people start feeling the same.
subsequent stories prove that Mr. Chen's flow or capital level, are beginning to face a grand increasing pressure. particularly in the November 28, 2005, a grand plan implemented by their own a direct result of market value has shrunk dramatically dream. has never been shown publicly in the media before Mr. Chen began to rage on various occasions to vent their discontent on Wall Street, but this did not conflict with Wall Street's bad-mouthing can have any positive impact. < br> The new logo
mature four years after joining Shanda, Tang Jun, the most profound experience is the grand total becomes mature, no matter in what respect.
winners can understand their own strengths, more aware of their outstanding success weaknesses, mature successful is to help you understand who the people themselves to make up the short board.
Tencent boss as Ma said, the entrepreneurs in the business to the certain level, the most reasonable way is are very important to businesses and entrepreneurs is also important sign of maturity. entrepreneurs, of course they themselves would in the process to learn something, but the key issue is time and cost, not all of the things you do, even if the recognition of and the courage to face it not only shows that they have a problem. When the share of Jun Tang took the letter of appointment from Mr. Chen and the Tang Jun said in the mobile phone text messaging, for four years, their most profound feelings is the grand total becomes mature, no matter in what respect. Tang Jun measure of maturity in the standards here and had nothing to do with attitude, but because you can announce grand Tang Jun leave a message at the same time to announce his successor.
for the grand, or even to prepare for the new president of the Office of the time have become less necessary. something like that Sina has said Chen Tong, editor in chief. The veteran Sina Every time chatting about
the change. career, and no relevant experience evaluation.
Perhaps we never had and accomplished can not imagine why they would once again refuse to kind of a feeling, but at least there is one point we were able to confirm whether to join or leave the choice of the process itself is often the greatest challenge.
help grand maturity is the greatest achievement
Beijing News: Do you grand service for the four years, done a lot of things. do you think of the most successful in the grand What?
Tang Jun: the status of grand now the best since the last four years, the company has become very mature, both strategy, implementation, human resources team, business model, have been very clear. when I left the company will not have any impact. as a modern enterprise, under the rules in improving the smooth functioning is an important indicator of maturity. and four years ago compared Shanda maturity as an enterprise in terms of change is most proud of.
Beijing News: You join a grand from the beginning, because the that the high-end talent like you all the time actually facing new opportunities, what made you choose to continue?
Tang Jun: My career as a grand to be perfect. It gave me many opportunities to four years and the grand experience, such as listing, such as acquisitions and investments. This experience is very valuable for me to learn and progress opportunities. In fact, I also very reluctant to grand, very mixed feelings.
Beijing News: You mentioned something More work is the operational level of capital in other companies seems to be more of these work by CEO and CFO to complete.
Tang Jun: Yes. to Microsoft's service are to do some more when I work the level of implementation , but I did more of a grand macro work. For the professional manager this opportunity is hard, because not every board will let you do something you have not previously done. Thank grand can give me the confidence and opportunity, but I think I did not live up to that trust.
not repeat the past experience
Beijing News: Many people say, the Chinese IT industry is that they lack most outstanding senior personnel . So many people are concerned about your next job, for this is how you consider yourself.
Tang Jun: This question I do not think too clearly. I said before, if the Facebook to find me, in theory, I should be refused, and I would not do investors. give me some venture capital, the scale of tens of millions of dollars, let me do the company, the opportunity good, but I did not do it, I must take the Chinese professional managers to achieve the ultimate.
Also, I would not choose to start a business entrepreneurs and professional managers in between I think I am more suited to the latter. In China, I hope I can pass their own efforts as a career managers took on a pole, to change the views of the Chinese people in the past. In the past a Chinese professional managers will feel talking about is the that workers have a future as can also be respected by society, the same can also be a lot of money, to realize their own value. China is not shortage of entrepreneurs, investors do not lack, but also no shortage of angels, lack of a career in China managers, professional managers can not let themselves have more money, but to achieve more value.
Beijing News: there are people who say you have been working four years in the big money is the most professional managers, this point how do you see?
Tang Jun: Indeed, in four years so I am very rich, the actual access to professional managers in China, I should be the richest. so I appreciate the grand, let me take the professional manager the identity of the access to so much. It was calculated that, I get 5 more than ten million U.S. dollars, I have not counted. In this respect I am very satisfied with the grand.
Beijing News: It was not mean, your next an employer needs a lot more to attract you?
Tang Jun: That is not exactly. actually work for the professional manager is concerned, I think the first priority is not paid, but their job is What challenges can be formed, how much to give their own learning opportunities. from the big left and I will not go to foreign companies, it will not continue to do online games, will not do any direct or indirect grand impact business. In order to do A perfect professional manager, I even do not do the Internet. But I am a IT person, my blood flowing is the IT thing, so I will continue to focus on online games, Internet and IT industry, but I will not to repeat past experiences.
Notes: a four-year cycle
4 years ago, Mr. Chen Jun Tang joined Shanda inviting outsiders, 4 years later, Tang Jun, the perfect curtain call in a grand.
Frankly, the reason why on Jun Tang has such a deep impression, perhaps just more grand just because he joined the newspaper is published in my first message.
It was an era full of changes in taste, originally known as More journalists are concerned is actually a In fact, not a very wise decision.
Why spend millions to Mr. Chen to invite individuals to help their own money?
People will not think of a grand future with the Emperor clear that time is in fact a grand embarrassing bottleneck. the one hand, the whole set of the strongest teams in China online game can excel in their own grand and achieve perfection, but the same token, when the big break that structure not their own moment, remembering those who stand we may think that everything under control. but be objective, it is actually the original Tang Jun and Mr. Chen may not be so confident, and even have engaged in a gamble.
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