Depth: Tang Jun grand "DDR"

Posted on May 16th, 2008 in Depth reading ,

This reporter Hou Jiyong

"Shanda very satisfied, very satisfied with Chen Tianqiao, Shanda and Chen Tianqiao and cooperation in four years, is a very pleasant experience."

April 2, on the imminent resignation of, Shanda (NASDAQ: SNDA) president Tang Jun to reporters and did not directly deny that, but he also stressed that "now I have not submitted the resignation report."

Shanda spokesman Zhuge Hui told reporters that the news has not been received. At press time, Shanda chairman and CEO Chen Tianqiao hand is also still did not respond.

This reporter learned that, in fact, Tang Jun has decided to leave, but has not decided to leave the form and timing. It is learned that Tang Jun's left, said a grand for their work thanks to four years, Tang was likely to follow the example of Microsoft joined a grand left the scene, with a life-long honor to Tang Jun, president of the title to leave.

Prior to the subject of speculation that Tang Jun will be left to do a grand investors. But reporters that Tang Jun will continue to do professional managers. According to sources, his next home may be Facebook. If so, Tang Jun in the new post with the old owner may have some form of Microsoft, Microsoft invested 240 million U.S. dollars last year, Facebook some stock holders, Tang Jun is now honorary president of Microsoft's.

Shanda memory

For four years in the big time, Tang Jun told reporters sighed with Chen recalled that a section of the story.

February 2005 night, is China's New Year's Eve, Tang Jun Chen came to office, a grim expression and said, "We hands it tonight." 1:00 Meinong Dong Chen, Tang Jun said, "Sina has poor earnings reports today, stock prices dropped some."

Chen suddenly understand - the acquisition of Sina fighting broke out soon. In the New Year's Eve to the Lunar New Year's Day, the Sina-than-expected earnings performance, U.S. investors for two days Kuangpao Sina shares, and the grand through the British Virgin Islands-registered media horizon, the international horizon, a grand media, shares of Shanda Four companies continue to absorb.

In two nights, Shanda Sina stock acquisition of more than 700 million shares, the transaction value over 150 million U.S. dollars. During the telephone Tang Jun and Chen Tianqiao, briefed each other "and to the number of shares, how much money they have spent." To February 18, a grand total of 19.5 percent of the acquisition of Sina shares, becoming the largest shareholder of Sina.

Tang Jun in the memory of that attack on Sina only his memory of many in the grand scene. Who have just joined a grand three months, in May 2004, Tang Jun to lead the grand success of the Nasdaq listing, Chen became the richest man in the year (to a grand price of the end of 2004, its assets over the top magazine Wong Kwong Yu Fu).

Tang Jun is leading the grand listed first trip Wall Street, after the Wall Street repeatedly went to "save" grand.

October 2006, a grand 275 million U.S. dollars convertible bonds will expire in October 2007, financial pressure can not be ignored, after Tangjun that led Roadshow, Shanda shares rose 30 percent in November 2007, online games concept stocks Ultra-low price-earnings ratio on the Nasdaq, shares slump grand sluggish, Tang Jun again in two weeks Wall Street roadshow, the market value of Shanda rose 800 million U.S. dollars, China's online games and lead the entire concept stocks rose.

Tang Jun in the evaluation of these three Wall Street trip, the first is to push the grand world, the second ease the financial pressure on a grand, is the third global investors to truly understand the value of China's online games industry. Chen Tianqiao This is in line with the expectations of the value of the Tang Jun, Chen was the introduction of Tang Jun, said that "a grand need for a capital market in the world and a bridge for communication."

Joined in a grand, Tang Jun said that he will be a grand work in three years. Last year term is up, the outside has been a lot of opportunities, but he chose to stay.

Tang Jun said that he was full of nostalgia for a grand, and Chen Tianqiao stems from the common experience of the storm, in addition to attack on Sina, he still remember the many "days of fighting together" - November 28, 2005, Shanda announced that " Legends of blood "and" Magical Land "permanent free, shocked to be called" 11 28 earthquake "to 91.7 million U.S. dollars acquisition of Korea Actoz Soft Company about 29% of the shares, one stroke was the company's control.

Today's online games, most of them have already implemented a free model, Tang Jun and Chen Tianqiao, launched the "11 28 earthquake," the recycling of the online games industry's business model. The acquisition of Actoz Soft has successfully solved a grand v. On the face of the problem, remove the head hanging in a grand sword of Damocles.

In these storms, Chen has been done behind the scenes support, Tang Jun, has been active in the future. To the industry's impression that this is the case, every time Tangjun save a grand. Tang Jun told reporters, in cooperation with Chen Tianqiao four years, they have not had red faces.

So the gold medal CEO

Tang Jun grand left after taking the next step how ?

The industry believes that Tang to do their own business or investment can be done well - with its own shares and cash, Tangjun can do angel investors, joined a grand, grand Tangjun with 250 million shares of stock to a grand now 30 dollars The shares, worth about 75 million U.S. dollars, but as early as April 2006, Tang Jun has been in the high 10 million U.S. dollars cash, and its purpose have options vision and ability as an entrepreneur, before joining Microsoft, he not only Entrepreneurial experience, management experience in large companies.

However, Tang Jun chosen to continue to adhere to professional managers. Despite the return of, professional managers are not the highest, but Tang Jun, China does not lack entrepreneurs, investors are not indispensable, not missing an angel, China is the lack of professional managers, "professional managers can not allow ourselves have more The money, but to achieve more value. "

Tang Jun had an interview with this reporter also said that the reform and opening up 30 years ago, China's lack of professional managers, professional managers can introduce modern management system in China, with foreign capital markets to cope with the communication, so that Chinese enterprises to the world, Chinese enterprises is a bridge of communication with the world.

Tang Jun said that China's professional managers to do to make models, professional managers make the gold medal.

In fact, Tang Jun has been a brilliant professional managerial experience - Tang Jun joined Microsoft in 1994, as Microsoft headquarters WindowsNT development department senior manager, he served as Microsoft's Global Technology Center (Shanghai minimally invasive) general manager in 2002 March 26, as Microsoft (China) Co., Ltd. president; joined in January 2004 as a grand grand president.

Tang Jun think Microsoft's experience is very important, Microsoft is the world's most successful multinational companies, the most successful operators and managers, more importantly, the world's most successful strategic management. Tang Jun, from Microsoft's own product development manager of the Chinese president, anticipating a Microsoft operating secret, the secret is eager demand for Chinese companies but can not be obtained.

Microsoft China, Tang Jun on the judgement, the next 10 years is China's rapid economic rise of the decade, he should take to learn things to help Chinese enterprises in China to achieve its glory and dream, and regardless of transnational companies , The state-owned or private enterprises, can be. He has chosen the first enterprise is grand.

When he joined a grand, grand in the eyes of the industry is more like a fortune涓涓嶅皬蹇僼he upstart, we worry about, "Legend", a grand what survival. But after the acquisition of listed Sina incident, the industry has won a grand exclaimed that this is a highly imaginative acquisition, if successful, the China Internet will change the pattern.

But tenacious resistance in Sina, Sina was in the grand final to make the choice after a withdrawal from the frustration, seems to be grand and has never revealed its plans in the grand empire. In fact, the grand launch was an extremely ambitious plan, build ICTE Empire, ICET including information (information information), communication (communications), technology (technology), entertain (entertainment).

Sina is to snatch the acquisition of information (information) collected the high ground in this area, the Internet is only one part of Empire, and later launched a grand "box", a grand strategy to further ICTE surface. In the world, there is such a generous, before Microsoft, Sony, after Apple, and this was a grand strategy, Microsoft has more or less the stigma, these are closely related to stigma and Tangjun.

In memory of the grand, Tang Jun success, but also unsatisfactory places. For him, all the experiences, including those unsatisfactory, he will become the new company's wealth. He did not complete ICTE in a grand dream, perhaps to another place, to complete an amendment to the ICTE dream.

Facebook is currently seeking acquisition targets in China, the need for a trade in China of influential people, as was the need for a grand shadow of the Wall Street have the people, if Tangjun to join the family Facebook, he will be involved in the manufacture of a highly imagine Of the story - Facebook shareholders of Microsoft in China Microsoft's MSN China, and many people are partners, Microsoft is seeking to acquire Yahoo, if successful, will become China's largest Internet company Alibaba's shareholders, integrate these resources, Is a force can not be underestimated.

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