Six IT M recycling electronic waste to get ten million US dollars investmentInternet this business, Air Jordan 11 who are likely to be the next one hundred billion \u0026 ldquo; \u0026 rdquo ;, carrier Fudan University, Tongji University's six graduates, now being carefully driving a \u0026 ldquo; \u0026 rdquo ;, boat quietly waiting \u0026 ldquo; overnight \u0026 rdquo ;. Their average age is 30 years old, founder of \u0026 ldquo; Love Recycling \u0026 rdquo; former site have all been called all kinds of \u0026 ldquo; big carrier \u0026 rdquo; the company had spotted, the minimum annual salary of 280,000 yuan, up to 100 million yuan. In 2009, this group of young people headed to Sun Wenjun, give up high-paying jobs, huh, a majority of people are not optimistic about the cause of environmental protection \u0026 mdash; \u0026 mdash; recycling of waste electronic products via the Internet. Today, they have completed the $ 10 million second round of financing. Investors backing is not small, the main inputs are the World Bank, and the other is Morningside capital. The latter has successfully invested monk millet technology products network, and is the second to the \u0026 ldquo; Love Recycling \u0026 rdquo; injection site. Technical male first-time entrepreneurs reluctantly \u0026 ldquo; suicide \u0026 rdquo; \u0026 ldquo; Love Recycling \u0026 rdquo; website, is a specialized recycling old cell phones, old laptop, old tablet PCs, digital products, old games site. If you have an old 13 inches Apple Pro computers to sell, you can first search for love online recycling businesses offer Model View, and then submit the order, wait for professional engineers and payment collection services, the latest price recovery was approximately 13 inches Pro 4700 yuan. This direct pay cash, pick-old practice of electronic products, now popular with young users alike. In \u0026 ldquo; love recycling \u0026 rdquo; the operations center, the China Youth Daily reporter saw on the ground filled with a variety of packages, according to reports, only on October 23 that day, they received approximately 2000 products. In April this year, media reports said, the annual turnover of this website has reached about two billion. Backtracking \u0026 ldquo; love recycling \u0026 rdquo; the initial phase is in 2009. At that time, Sun Wenjun and his companions founded the website called \u0026 ldquo; \u0026 rdquo ;, love-net site does not directly recovered user's old electronic products, but electronic goods \u0026 ldquo; barter \u0026 rdquo; to provide a platform for the exchange. Also go green, save the \u0026 ldquo; barter \u0026 rdquo; route, the United States Recelluar company and Gazelle is this business successful precedent. Sun Wenjun is sure to say, \u0026 ldquo; love-net \u0026 rdquo; the platform technology was more cattle than the two US companies, \u0026 ldquo; they only provide one-time barter, we can not only offer multi-barter, but also through more complex algorithms, multi-party, multi-forms of barter \u0026 rdquo ;. In other words, if there is a man who wants to barter, a man who wants to object to change money, and a person with Nike King money for things that do not thing the American website, but Sun Wenjun of \u0026 ldquo; love-net \u0026 rdquo; it can be done, and the effort will be able to click the Enter accomplishing. \u0026 Ldquo; love-net \u0026 rdquo; founder, mostly computer science graduate of \u0026 ldquo; technology M \u0026 rdquo ;, can be used in a shorter period of time more complex algorithms to overcome the US site, so that these technical men still proud endless. Sun Wenjun still not forgetting repeatedly stressed that, \u0026 ldquo; love-net \u0026 rdquo; the set of complex algorithms procedures, they found a Fudan University, Department of Computer Science 20 years, most cattle an algorithm specialist, Frankenstein completed, \u0026 ldquo; absolutely core Air Jordan 15 technology \u0026 rdquo ;. Who would have thought that \u0026 ldquo; core technology \u0026 rdquo; only survived for three years, until 2011 when it was \u0026 ldquo; sequestration \u0026 rdquo; up. At this time, this \u0026 ldquo; silly \u0026 rdquo; the team has been in \u0026 ldquo; love-net \u0026 rdquo; smashed several million dollars in cash on. Give up \u0026 ldquo; \u0026 rdquo ;, love easy network technology for these men who, with \u0026 ldquo; suicide \u0026 rdquo; no different. A month before and after New Year's Day in 2011, the 6-man team are always together \u0026 ldquo; talk about the future \u0026 rdquo ;. Some excitement pound the table stare, some angry throwing things in the office, there are people sad tears. That year, they decided to start all over again \u0026 mdash; \u0026 mdash; to do \u0026 ldquo; Love Recycling \u0026 rdquo ;. \u0026 Ldquo; waste collection \u0026 rdquo; how much can the market in November 2011, \u0026 ldquo; Love Recycling \u0026 rdquo; on-line only after more than six months, you get a $ 2 million capital injection Morningside. Investors are optimistic about this company is an important reason \u0026 mdash; \u0026 mdash; they failed. As with most successful Internet start-ups, like, \u0026 ldquo; love recycling \u0026 rdquo; in fact, but is to build a platform \u0026 mdash; \u0026 mdash; in between electronic goods recycling boss and old electronics owner put up an open and transparent auction platform . Users deal with old electronics demand, and no one wanted to dispose of the old section of the old product; but \u0026 ldquo; waste collection \u0026 rdquo; small business owners there, whether he can carry big amount of old electronics? \u0026 Ldquo; Love Recycling \u0026 rdquo; pad out upon receipt of money, in the end can not recover in time? Sun Wenjun himself, was initially quite skeptical on this point. He has worked with many investors talk about this issue, but also personally ran a lot of a recycling site. \u0026 Ldquo; Love Recycling \u0026 rdquo; early on the line, one day received twelve very old style, purity of the product is poor, there are about a week accumulated over 10 products. When he took these products to an electronic product recycling site \u0026 ldquo; delivery \u0026 rdquo; when the boss is very readily paid. \u0026 Ldquo; Even though I'm less to the goods, after I received something if multiply day 100 you can receive this? \u0026 Rdquo; Sun Wenjun introduce its own website, for fear Air Jordan 5 Retro that others despise his website. Minzui other calm smile, to lead him into distant warehouse. In this warehouse, Sun Wenjun be seen the enormous potential of waste electronics recycling, \u0026 ldquo; My God, there are over 10,000 of these machines, the boss said it was his day to digest the amount of \u0026 rdquo ;. And recycling the boss more contacts, Sun Wenjun gradually found, as long as the quality of clearance, excellent fineness old electronic products, cash flow is not a problem, \u0026 ldquo; The boss waste collection, you asked him to 10 million yuan in cash, he day You will be able to give you out. \u0026 Rdquo; old electronics products, some minor repair can get on the market as second-hand goods transactions, some will be sold to the demand of second and third tier cities, and even to be sold in Africa and other underdeveloped areas. And \u0026 ldquo; Love Recycling \u0026 rdquo; recyclers cooperation, now we have fifty or sixty. Recyclers are reflected in the most fancy \u0026 ldquo; love recycling \u0026 rdquo; delivery provided testing services. This home inspection and receipt mode, in layman it seems quite complex, but in front of Nike Shoes those IT men skilled in the art, but it is a piece of cake. Technical man who developed a system called ERP Obeserver responsible home recycling of \u0026 ldquo; engineer \u0026 rdquo; they simply learn to use the system, will be able to successfully complete the detection of the second-hand electronic products. Receipt when they will with their own tablet PCs, the system prompts step, after the characteristics of the input second-hand products, the system automatically generates a suggestion price recovery. This system, only those addicted to technology IT men can develop it. Where the customer, \u0026 ldquo; love recycling \u0026 rdquo; was in 2011 when the building against white-collar and college students conducted a survey showed that 80% of people who want to turn old electronics into cash rather than barter . \u0026 Ldquo; the Americans can do it, because they have the habit of barter; Chinese Air Jordan 11 people is completely different, the first choice is a cash grab. \u0026 Rdquo; Sun Wenjun said, \u0026 ldquo; love-net \u0026 rdquo; defeat to defeat in the \u0026 ldquo; market allowed to judge \u0026 rdquo; on, \u0026 ldquo; Love Recycling \u0026 rdquo; would not go the old road. Will not advertise \u0026 ldquo; small fresh \u0026 rdquo; now, \u0026 ldquo; love recycling \u0026 rdquo; not too much celebrity. They rarely do the promotion, in fact, according to Yuan Quan national public relations manager, corporate budget, not the promotion of basic, \u0026 ldquo; love recycling network currently do not have any marketing budget, marketing budget is only hired me, and I was basically hired No expenses. \u0026 Rdquo; he said. This is a quite \u0026 ldquo; small fresh \u0026 rdquo; the taste of the company, as the founder of Sun Wenjun same. In 2009, he resigned a US software company, to bid farewell to one million yuan annual salary, to themselves and entrepreneurial team launched a $ 500 monthly salary. When the venture, Sun Wenjun never considered to fail, \u0026 ldquo; we always aim at the eyes of the cattle, the most Air Jordan 1 successful Internet companies, everyone wants to Ma, Ma, who would think about failure. \u0026 Rdquo; at that time, Sun Wenjun, 33, 30-year-old partner Chen Xuefeng, the other four team members are just Fudan University, Tongji University and other schools undergraduate or graduate school, \u0026 ldquo; it does not go up, we can do software development \u0026 rdquo ;. In fact, in hard times, they really do software development by an oral paste. Huaihai Road, a well-known ballroom lighting, sound system they developed, Shanghai, a large wine sales company run system they developed and ran the software business background of Sun Wenjun also worked Erdaofanzi rely to other companies introduce business to make money . If it is purely to make money, these people do not do exactly what \u0026 ldquo; love recycling \u0026 rdquo; website. Start-up time of \u0026 ldquo; love recycling \u0026 rdquo; only do keyword promotion on search engines. This promotion later because of expensive promotion costs of a single transaction up to 150 yuan was abandoned. Sun Wenjun and Chen Xuefeng still together near Shanghai Railway Station sent a flyer. The two \u0026 ldquo; small fresh \u0026 rdquo; leaflets, do research style really interesting. Because the thin-skinned, they walked to the other end from the crossing near one end of the train station, hands holding a stack of leaflets did not always send out; the train station promotion trip over one hour, and they have not the nerve to follow Any passerby take over slander, even a \u0026 ldquo; how do you deal with old phone \u0026 rdquo; no say. Until now, this \u0026 ldquo; fresh \u0026 rdquo; style remains in the \u0026 ldquo; Love Recycling \u0026 rdquo; the office. Not long ago, they moved from the price a little expensive, the 19-story Atlantic KIC old department store building, every square meter of the area is the best use, small office across the country also take into account the transceiver old electronics features.