百度CEO李彥宏的講話
華源組織在五月十三2008辦了一次活動，請百度CEO李彥到灣區講話。 活動在SAN JOSE Double Tree hotel 舉行。 去的人特多。 諾大的一個會議室裝滿了人。我趕在講座的半小時到，趕緊找了個最前排的位置。 不和其他人聊天，大部分人都不認識，其實 基本上一個人都不熟。唉，好久沒在江湖上混了。 李彥宏同誌來的時候坐在附近，我不認識他。倒是和旁邊一個韓國人聊了半天， 韓國人想開一家網絡有關的公司。聽這個講座正和適， 隻是李彥宏是用中文講的。我用我的筆記本電腦英文做筆記，這位韓國人才不那麽悶。
這位百度CEO很書生氣，不象是個風雲馳騁的人物。 當他開始講他的經曆時，才了解為什麽他能成為一個BILLION DOLLAR 公司的總裁。
最喜歡他的幾句名言:
先成家， 後立業
做自己喜歡的事，把它做出色。
回國定好自己的位置，不用想太多，就不會有國內環境對海龜不公的感覺。
整個晚上的氣氛很歡快，尤其在Q&A的時候，有一位女同胞當著幾百人的麵誇李彥宏看上去比照片上還要顯得年輕，英俊。:-)
下麵是當時我記的流水賬， 有空時再翻成中文吧。 見諒。
Notes from HYSTA Meeting (BaiDu) Robin Li
From 1997 to 1999 he was in
- For the past 3 years, May labor holidays, planed to talk Baidu IPO. There are multiple choices, very stressful process, regulation. Chinese search market is not mature, Baidu needs to go IPO to get more investment.
- BaiDu’s Market value exceeds the expectation greatly, He doesn’t know how to deal with media, so he refused to talk any of to them anymore.
- In 2006, they focused on Chinese Search technology
- P/E ratio is high, someone suggested buy some companies to improve revenue. But Baidu didn’t do that.
- 2007 Google didn’t take away the competition from Baibu. COO died in SanYa vacation. Most CFOs’ background are either in Banker or Audit. He used a controller type person instead.
- Robin Li spends1/3 time on looking for people, 1/3 is on doing technology, 1/3 for social events.
- Penetration rate of internet market in
China is only about 15%. Is there any growth rate in China? - Chinese market is quite different, we need to use keywords such as “wudongyinhua” for Samsung’s product. Direct Mail and Yellow pages AD are bigger than TV. In
China, search can replace Direct Mail and Yellow pages. Korean’s Navel is pretty good, pay ad is about 6%. However average rate is about 4%. - There are 4 different kinds of internet companies, such as a. Menhu(portal) stage b. Game stage (net easy and shengda). c. Tengxun( QQ ) virtual world has highest revenue. (myspace and facebook) d. search and ecommerce
- Baidu has 70% internet traffic of Chinese market which is more than Google’s traffic. Chinese only has 15% internet penetration rate. This penetration rate will increase more because of Olympics.
- Robin Li wrote a book GuiGuShangZhan (business battle in Silicon Valley) during the period that he lived in
Silicon Valley.
He worked on link analysis technology (index technology)
He broke through the 64 Million indexing limitation. Now there are about 5 billion entries.
- Baidu focused on the Chinese search for the first 6 years. Infoseek, Lycos all died, pay search saved the internet industry. How to stay ahead of competition, didn’t do wireless or any other market. At beginning, can only sell service to Sina etc.. Need to find a parterner to do branding. Maybe through
Hunan Satellite. Web service and business model were out on the same day. - Build traffic first then build business model. Business partener, good sales and good moral values. Use people from online, internet users to help business decision. Technology persons are very important and hard to find.
- BaiDu TV …
