Tencent Ma Huateng: Five Brothers Start Up

This is a rare story of a brother's pioneering work, whose rationality is called specimen.

12 years ago, in that autumn,

The reason why Tencent's 5 generation of entrepreneurs is called "rare" is that until 2005, the founding team of these five people still basically maintained such a cooperative formation and never gave up.

Until the Tencent achieved today's empire, 4 of them were still in the front line of the company, and only COO had retired from the virtual job of Li Qing, a lifelong consultant.

It is not easy to maintain the stable cooperation of the founders, especially in the process of the rapid growth of the enterprise.

Behind this background, Ma Huateng, an engineer born, has made a rational design of the cooperation framework from the very beginning.

From the perspective of stock composition.

The 5 men made up a total of 500 thousand yuan, of which Ma Huateng made 237 thousand and 500 yuan, accounting for 47.5% of the shares; Zhang Zhidong paid 100 thousand yuan, accounting for 20%; Li Qing had 62 thousand and 500 yuan, accounting for 12.5% of the shares; other two people each 50 thousand yuan, each accounted for 10% shares.

Although the main funds were sent by horse, he voluntarily reduced his share to less than 47.5%.

"They want to have a little more than me, and do not form a monopoly or dictatorship."

(www.js8.net) and at the same time, he has to produce the main funds and occupy a large share.

"If you do not have a backbone and share the shares equally, then there will be problems and the same will be done."

Another key factor for maintaining stability lies in the "reasonable combination" between partners.

According to Lin Jun, author of China Internet history, "Ma Huateng is very smart, but very stubborn, focusing on user experience, willing to see products from the perspective of ordinary users.

Zhang Zhidong is a very active brain and addicted to technology.

Ma Huateng is also very good at technology, but his strength is that he can simplify many things, and Zhang Zhidong is more perfect in doing one thing.

Xu Chenye and Ma Huateng and Zhang Zhidong are classmates of the computer department of Shenzhen University. He is very easy-going and has their own views. But the person who is not easily expressed is a famous "good gentleman".

Chen Yidan was a classmate of Ma Huateng when he was in Shenzhen high school. Later, he was also studying at Shenzhen University. He was very strict, and also a very publicized person. He could arouse everyone's passion in different conditions.

If the other partners are only "partners", only Zeng Liqing is the most fun, open, passionate and inspiring one among the 5 founders of the Tencent. It is another type of comparison with the mild Ma Huateng and Zhang Zhidong, who are interested in technology.

His broad character is more offensive than Ma Huateng, and more like a man of decision.

But perhaps this is the reason why he first broke away from the team.

Later, when he interviewed a number of media, Ma Huateng admitted that he initially considered the way to share shares with Zhang Zhidong and Ceng Li three, but in the end he adopted a strategy of 5 entrepreneurial teams to occupy different shareholding structures according to the division of labor.

Even if someone later wanted to raise money and take up a larger share, Ma Huateng said no, "according to my judgement of your ability, you are not suitable for more shares."

Because in Ma Huateng's view, the potential of the future should match the due shares, and the mismatch will be a problem.

If we do not have a large number of shares and the shares of the officers are few, conflicts will happen.

Of course, after several dilution, the proportion of shares held by them was only 1/3 at the beginning. But even so, each of them has reached billions of yuan in value. (www.cn08.net) it is a happy ending.

It can be said that in China's people's business, it is rare to be able to keep up with others, like Ma Huateng, to choose an entrepreneurial team with different personalities and talents, and to maintain long-term tacit cooperation after the successful opening up.

And Ma Huateng's success lies in that he has designed the responsibility, power and profit of the entrepreneurial team from the very beginning.

The greater the ability, the greater the responsibility, the greater the power, the greater the profit.