During the Internet period, a large number of talents, in this profitable industry, the emergence of Ma Yun, Ma Huateng and other Internet giants. But behind the Internet is a real world-class Internet giant. The so-called hero does not ask why, but today we will take a look at the origin of the hero.
He is the best person in China to seize the opportunity. During the period of the domain name, he was called the king of the domain name; during the period of the individual webmaster, he was called the king of the webmaster; during the period of Weibo, he became the king of grassroots bloggers; and now on the Internet, he is called the king of angel investment. Who is he? He is Tsai Wen-sheng.
From the roadside stall to the king of domain names.
In 1985, when Cai Wensheng was still a middle school student, with a borrowed 500 yuan, he set up a roadside stall. This is the first sum of money in Cai Wensheng's life, although not much, but for Cai Wensheng, it is already a huge sum of money. At that time, international domain names had just sprung up, and they had always been free domain names that did not attract the attention of Internet guardians. After all, after its charge, its registered capital is only a few dozen yuan. Even now, the registered capital of a domain name is no more than 50 yuan.
Between 1995 and 1999, Cai Wensheng went to the Philippines to start international trade. After the trough of his life, Cai Wensheng decided to stay in business. He set his sights on the Internet. Why is Cai Wensheng called the king of domain names? It was because he was alone that he was able to grab 100000 domain names, which cost more than $100m.
Maybe you don't have any idea about this, but many well-known websites are written by him. Of the 2200 counties and cities in China, 80 per cent of the domain names are registered or bought by him. A simple suzhou (Suzhou) bid 300000 he does not sell, without 1 million, no one else can buy. For Ctrip, its xiecheng was registered by Cai Wensheng after the asking price of 10, 000, as a result, Ctrip did not take seriously, and finally spent 3 million. Even google's G domain name was bought from Cai Wensheng.
In 2003, Cai Wensheng founded a navigation website called 265. Because the site imports all good domain name traffic, IDG and Google invested $15 million in 2005. In 2008, google simply bought off 265 indirectly. Not only the website, but also the G domain name mentioned earlier. How much did the domain name sell at that time? 130 million . Tsai Wen-sheng is still dissatisfied with this astronomical figure. However, it is already an act of creation to sell a thing with a cost of only 50 yuan to 130 million.
It's not just google who depends on him. He's not the only one who needs him. The reverie FM365 was created by him. And that's only a tiny part of it. Famous websites such as Tudou, Storm Player and Kiwi were all written by him. And these domain names, which cost no more than a hundred times, were sold by him at a hundred times, a thousand times the price.
In fact, Cai Wensheng is a high-ranking gambler.
If the domain name business is a big bet, then Cai Wensheng is not only a domain name gambler, but also a stock gambler. In 1999, Cai Wensheng bought PCG, which is still trading at HK $5.8. On the first trading day of the millennium, the share price of his stock rose 15-fold. This growth has not stopped at all, and its market value has indirectly risen from 10 billion to 100 billion in just a few days.
This has not only made Tsai Wen-sheng rampant, but also made all Hong Kong rampant. But Mr Tsai has a different intuition. When the share price rose to HK $20, he chose to short the stock, indirectly earning 1 million. After selling its shares, PCG's shares rose to 28 yuan and fell to a few cents at the rate of "jumping off buildings".
At that time, PCG empty gloves arrived at the cost of hundreds of billions of Hong Kong Telecom, and swallowed it, PCG's market value of 580 billion Hong Kong dollars, or even comparable to Li Jiacheng's Cheung Kong Industry, but overnight, it came to nothing. I have to say, Cai Wensheng made the right bet.
In the twinkling of an eye in 2008, Cai Wensheng began a new gamble, he and Wu Xinhong set up Meitu, the company that created Meitu, beauty camera, beauty mobile phone and so on. In 2016, Meitu landed in Hong Kong, becoming the largest Chinese Internet company to list in Hong Kong after Tencent. Cai Wensheng also made the Hurun IT rich list with a value of 10.5 billion yuan.
And these are not all of Cai Wensheng, the only reason to stay in business is because of interest. In 2018, he turned his attention to the stock market. This time, Tsai Wen-sheng felt what it meant to soar into the sky, and what he felt was a sharp decline. At that time, once the dollar went public, it rushed from $0.09 to $80 and fell indirectly to $4. It's up as much as 4000% a day. On the day of its launch, its market value was as high as 28 billion, equivalent to four Meitu.
Has won Xiamen's richest man because of Meitu, and now Cai Wensheng's dream has gradually sobered up. With Meitu gradually engraved by the market, nearly half a year, the loss of 31.1 billion, has been the highest market value of private enterprises have been disillusioned. However, Tsai Wen-sheng feels that on the road of keeping an industry, it is not success or failure that is common, but the struggle of a long time. What do you think of this?