Peking University Students Drop Out Of Business &Nbsp, 26 Years Old Profit Tens Of Millions

Once, he was Peking University Students who drop out of school. But starting his own business makes him earn tens of millions of dollars a year at the age of 26. He is Yuan Xu.

A company founded by a 26 year old youth can earn tens of millions of dollars a year. He helps players improve. Online games Speed, let 20 million people become his paying user! The obscure company has been jointly injected by four investment institutions in China, and the total amount will reach 100 million yuan.

This is not Arabian Nights Instead, it happened in the incubator of Chengdu hi tech Zone. The 26 year old is one of the company's founders, President Yuan Xu.

　　 Netizens Alliance

Last year, tens of millions of profits.

Yuan Xu's company is called Sichuan Xun Yu technology company. This is an enterprise that specializes in developing online game accelerator. In 2005, Yuan Xu co founded the company with two other online partners. Now it has become the absolute leader of the domestic online game accelerator provider.

Yuan Xu, a native of Ya'an, Sichuan, was a student of Computer Science in Peking University. But he dropped out and started business in 2004. Bill Gate's demeanour in 2004 was quite an example. The company he started with was his net friend, a group of game fans.

Because of their familiarity with online games, they are keen to discover the huge market of "online games acceleration". Since entering the field in 2005, the fast accelerator has occupied 60% of the domestic online game, and about 20000000 of the players have become users. At present, the accelerator has been used in 90% of the online games, such as World of Warcraft, swordsman love three, Dungeon Fighter Online and so on.

Travel companies profit model It's simple: players download the accelerator to the computer, try it for a while, then pay for it. Although he refused to disclose specific profits, Yuan Xu admitted that last year's profit level was in the tens of millions of yuan. "The first quarter of this year's profits far exceeded expectations." His online game accelerator is simply "a" Gold suction device "

　　 Four institutional capital injection

Down payment 40 million

The day before yesterday morning, four investment institutions in China, including venture capital, Tatun venture capital, Chengdu Ying Chu power, and new business group, signed a venture capital agreement. The initial investment was 40 million yuan, and it has arrived. According to the agreement, the total investment of four institutions will reach 100 million yuan.

Ying Cheng power is subordinate to the high-tech Vc firms of the high tech Zone, and the responsible person of high tech venture group disclosed that the reason why we value fast travel is that the company's profit is very high and the market space is huge. This investment belongs to equity investment, and four institutions will occupy about 20% of the fast track tour.

At present, Xun Yu has set up offices in Beijing and Shanghai, and overseas markets have expanded smoothly. "Thousands of overseas players log in and download every day. I checked that there are now more than 70 countries and regions' users."

　　 Only listed in China

Want to be a IT benchmarking company in Chengdu

In a short period of time, "fast Tour" will leave the "hatching" stage and enter the Tianfu Software Park with the strength of the high-end enterprises. "The more than 70 of us will enjoy 2500 square meters of office buildings, two floors, and 600 square meters of air gardens."

Speaking of listing financing, Yuan Xu said that there is no definite timetable yet, but if listed, it must be chosen at home, "because China is the largest market of online games." {page_break}
 

Yuan Xu's greatest ambition is to let all the online games users on the desktop have a quick online accelerator. "IT giants in Chengdu are foreign. I hope to become Chengdu's benchmarking enterprises in the future." Just like Guangzhou has NetEase, Shanghai has Shanda, Hangzhou has Alibaba, Beijing has Baidu. "

　　 Online games teenagers grow up miraculous

Life: miracles

Yuan Xu - from Sichuan Ya'an, primary school grade three began to contact computers, junior high school through the network began the first venture, earned the "first pot of gold". After graduating from high school, he entered Beijing University computer department with excellent results. But a year later, Yuan Xu chose to suspend his studies and set up his own company.

　　 "The first pot of gold" earned 200 thousand yuan for junior high school students.

Wearing black frame glasses, Yuan Xu is no different from playing the game in Internet cafes. However, Yuan Xu's business card clearly shows his identity as president. "I rarely mention my real age to people, because my business partners are much older than me, and I think they are very mature mentally."

Yuan Xu's father is an ordinary bank clerk and his mother is a teacher. "I may be the first group of people who have access to computers and networks in China." In the three grade of primary school, there was a 386 of other companies' accounts payable in the warehouse of Yuan Xu's father's office. "At that time, computers were very expensive and few people would use them." Because no one will use it to do accounts, so the computer is shelved in the storeroom. Yuan Xu, 10 years old, was unconscious of this computer. In a summer vacation, he took his father back to the house 386 and spent the whole summer vacation. He was addicted to DOS man-machine conversation.

Since then, Yuan Xu has been pestering his father to buy a computer for himself, and his father's condition is "admitted to the best middle school in Ya'an, Sichuan".

Yuan Xu got his wish in the elementary school graduation examination. His parents finally bought him a computer in the first grade of junior high school. At that time, "interconnection" was a new thing. Yuan Xu, who had just become a junior high school student, began to try "surfing the Internet" again.

"At that time there was no network in Ya'an, no 169. In order to surf the Internet, I had to dial long distance Internet in Shandong." Yuan Xu recalls. In a short month, Yuan Xuhua dropped more than 2000 yuan on the Internet. This is not a small family expense. The parents flew into a rage and began to limit Yuan Xu's access to the Internet.

However, the virtual world of the Internet is full of limitless attraction for him. In order to surf the Internet, Yuan Xu spends almost all his spare time in Internet cafes, making technicians for Internet cafes owners in exchange for free Internet time.

At that time, there was no online game. What attracted Yuan Xu most was a character mud called "network mud", which was the predecessor of Internet Internet games, and played interactive games through text description scenes. Advanced players can experience the fun of competition through simple programming.

In 1998, Yuan Xu, a 14 year old netizen, started his first "pioneering work" -- establishing his personal web page "Sichuan Internet Alliance". Although there were very few Internet users at that time, more than 100 people gathered at the largest number of "Sichuan Internet Alliance" and became the local hot websites.

In the second year, under the pressure of the Internet, Yuan Xu and his friends from the Internet opened a "chat room for rivers and lakes". In order to improve the interaction of chatrooms, Yuan Xu transplanted some of the functions of the text mud into the "chatting room". The characters in the chat room can have their own attributes, they can attack each other and make the chatting more interesting. {page_break}

Yuan Xu tried to sell the virtual props in the chat room. With this little idea, Yuan Xu earned the first pot of gold in his junior high school - 200 thousand yuan.

　　 Admitted to Peking University to apply for "suspension of study"

High school's work is getting more and more intense every day. However, Yuan Xu still uses all his spare time and summer and summer vacation time. At that time, the most popular game was one of the famous names of Blizzard, Diablo.

Diablo is only one step away from real online games for Chinese players. It can provide up to 8 people online multiplayer games. Yuan Xu is now making a "personal service" with several business partners through his own server and genuine CDK.

At the same time, in order to persuade parents to agree to spend all their spare time on the game, Yuan Xu is still a top student in class.

During the summer vacation of senior three, Yuan Xu had two major events in his life. The first thing was that he was admitted to Peking University Computer Department as a good achievement and became the envy of Peking University students. Second, he discovered that Internet Internet and Internet were very serious at that time. So he opened the double line IDC computer room in Ya'an, Sichuan. With this project, Yuan Xu has earned second pot of gold in life -- about 400 thousand yuan.

At the end of summer vacation, Yuan Xu came to Beijing and saw the famous unnamed Lake in Peking University. At the moment, however, Yuan Xu's mood was not as calm as that of the unknown lake.

On the one hand, Yuan Xu's career in Sichuan and Beijing always feel that heroes are useless. On the other hand, Yuan Xu was annoyed that he chose the wrong profession. He thought he should choose "management" or "trade" rather than his "computer professional".

A year later, through deep communication with teachers and parents, Yuan Xu finally made a bold decision to drop out of school and apply for a "suspended education" to the school.

　　 Aiming at online games gorgeous turn to be successful again

After returning to Sichuan, Yuan Xu almost put all his energy into his double IDC computer room, because his computer room is nearly half as cheap as the similar computer rooms in Beijing, so business is very popular.

The size of Yuan Xu's computer room has gradually developed from a two bedroom house to a three story floor and a two story floor. However, new problems followed. At that time, Ya'an's Internet bandwidth resources were only 155 trillion, while Yuan Xu's computer room occupied 100 trillion.

"In 2005, the number of people working in the computer room began to become more and more, but for us, because of the limitation of bandwidth, there is no prospect at the moment." Yuan Xu said that this year, Yuan Xu and his partners began to consider transformation.

Internet games have been booming in recent years, and the biggest problem facing games is the most widely used "card machine". The speed of the game is not smooth enough to affect the game experience.

In the years of operating the computer room, Yuan Xu gathered many computer experts in the industry, and after consulting several people, he decided to independently develop a "fast game accelerator", and Qihoo chairman Zhou Hongyi became his angel investor. The technology stripped the online data from the Internet and solved the problem of speeding up the game from server to client.