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Chapter 179 September 1st is not influenced by capital

Robin Li Management Log 程东升 381Words 2018-03-18
Don't easily hand over the initiative to investors. No one will do good in the process of starting a business. From the beginning of Baidu's business, Li Yanhong has been committed to making Baidu always able to move forward according to his own wishes, without being influenced by capital.In the book "Silicon Valley Business War" written by Robin Li himself, there are many examples of entrepreneurs being "kidnapped" by capital.As the founder and manager of Baidu, Robin Li would rather take risks than control Baidu's initiative and control. As a matter of fact, there are many examples of being unable to realize their ambitions due to being bound by the power of capital.At that time, Wang Zhidong, the CEO of Sina.com, was forced to leave because he had disagreements with shareholders about the development direction of Sina, because he was not a shareholder of Sina, but a professional manager.As founders, entrepreneurs are often the clearest about the company's development path and have big dreams, while investors often only focus on their own returns.

Robin Li's dream of creating Baidu is to use technology to change the world and provide the public with the best tools to obtain information.In order to be able to realize this dream, Robin Li must maintain his own control of the company. Entrepreneurs must keep a certain distance from capital and cannot become a vassal of capital.
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