Snowball FINANCE eligible for 10 million dollars in financing: Why Fangsan Wen and i stocks so lucky? Source: i dark horse to focus on Internet financial information service snowball Beijing Information Technology Co., Ltd. (hereinafter referred to as snowball Finance) recently and Morningside Capital, Sequoia Capital China signed investment contracts, to obtain B round of $ 10 million investment. In 11 years earlier by the former deputy editor of Netease Fangsan Wen he founded the company has Sequoia A round 20 million yuan investment. Fangsan Wen has never denied his luck. He is not like those entrepreneurs Kudachoushen, always complain about bad luck, or are attributed to the successful efforts. For example, he would like to change more office space, but found a lot of places are not ideal. Finally one day, they could beat it, ready to move, the result in this day, next door to the company's end of the business, moved out. So in less than 24 hours, Fangsan Wen on paperwork, rented office next door. Here are spacious enough to have twice the original office, which not only meets the needs, but also eliminates the moving of Lawton. Party founder of the 'Snowball Finance' located in Zhongguancun SOHO, the establishment gained the famous angel investors Xue Manzi investment, financing and now only the first round, there were already 20 million yuan from the redwoods to the bill. Since there is no financial pressure, 'Snowball Finance' has no dedicated sales staff. Until recently, many advertisers need to receive, Fangsan Wen had to do was find a colleague turn to be responsible for the administration of sales. Is such a seriously children not to sell the company, there are as many ads on your fingertips. The advertising revenue has been able to override the 60% -70% of operating costs. Fangsan Wen whenever he woke up every day, seven p.m. on work, family dinner together with friends can also be a weekend hiking. The thick eyebrows, wide nose and lips, tall the story of saiunkoku wigs Taiwanese vampire knight wigs people is just too lucky? Fang Peking University graduate, he has worked in the 'Southern Weekend', '21st Century Business Herald', 'Nanfang Dushi Bao' and other traditional media . NetEase an editor, news director, deputy chief of experience cultivated his keen sense of Internet products, but also brought him a rich variety of resources. As an investor in US stocks, the market can not find the party to meet the information needs of his website: the vast majority of information was incomplete, not timely updates, many of which are old news even before two or three quarters. At the same time, the current financial reports, mainly from two sources, a non-professional type of media do, in general, 'angle confusion, very professional'; one from investment banking, but do deep, but most users The demand is often in the middle between the two. Party decided to do it. The second half of 2010, Fangsan Wen and his colleagues developed site he brought over from the NetEase basically built when good fortune comes, get together and listed Chinese stocks in the United States by investors blitz. Snowball FINANCE fire up. Fangsan Wen with the 'golden' to describe their own business opportunities. To be sure, we all party together with experienced such a time. As code geass wigs an entrepreneur, Fangsan Wen 'no pressure', but have their own principles (perhaps they have a causal relationship). He insisted that fit with its own ad sales for a high content of the ad and the site can not be a relationship. He knows a lot of companies are usually willing to pay for the two kinds of information, one is a tribute to them, one is criticizing them, they are willing to pay for the bad news masked. 'We do not do these kinds of information.' Fangsan Wen said. He believes that investors want to get as much information as listed companies, both good, but also bad. Because if a company does not advertise on the site, do not publish it's good news, or because a company based advertising is not pandora hearts wigs to release its bad news for investors are hurt. He hopes to eventually either listed companies or investors will respect and recognition of his website, where the information is 'the most objective and the most comprehensive.' 'If the 'hurt' business can earn a few million dollars a year, you want to do?' We asked him. 'I do not!' Fang say for sure. 'If you want to make money fast, the easiest way is to do private equity funds. In the name of the site made an investment in US stocks, China stocks private placement financing as too easy, and it is honest money, how to make those necessary for nothing money? This is not only question of values, even if the efficiency point of view, it should do something to improve the efficiency of society. As the work is to increase the information instead of narrowing the difference between the information poor, is contrary to the historical trend, I will not go do. 'In Fangsan Wen opinion,' i stocks, 'the most valuable information comes from individual investors, especially those who are most outstanding retail speculators. For an investment analyst is just work, and for individual investors is his life, the big obvious difference of power, so individual investors concerned about the degree of individual stocks, the effort is unmatched by analysts. Not only have their own production site to edit content, but also the need to share the contents of these individual investors. A very successful investor unreservedly willing to share their information and experience? 'Everyone loves to look beautiful on top of Facebook.' Fangsan Wen smiling, said, 'Beauty is actually a little bit off long enough.' Fang maintains sensitive to new things. He is very respected microblogging this new medium. He believes that customization information microblogging, directional push, user generated content, with exchange function features can subvert a lot of things, especially in the editing center, take the traditional Home mode. He also did so on the 'i Stocks' website user's personalized homepage, and have given a lot of micro-Bo features, more convenient individual investors would share. haruhi suzumiya wigs He said in a blog ('microblogging Investment') wrote: 'If you have eyes only for gossip, it's just a gossip microblogging Huan field; if you are hungrily looking for investment opportunities, it may be able to become microblogging You are a complementary tool 'in the' Snowball Finance 'official website, there is a blue and white fresh interface that sentence particularly conspicuous:.' The free person stems from financial freedom 'Maybe you can Fangsan Wen's website learn investment, access to wealth, thus achieving freedom of personnel. If you are not interested, you can go look at his blog and micro-blog, at least can be harvested fun. And in the Sequoia's $ 10 million B round of financing, Mr. Fang Sanwen said he was pleased to Cosplay Costumes see the snowball as a distinctive social Internet investment products are being recognized more and more investors; He also had confidence continued innovation in the Internet financial information services, suitable for Chinese investors to explore unique product patterns and business models. The latest round of funding will focus on product development and human resources, enhance the user experience by improving the competitiveness of their products.