Peking University students drop out of business 26 years of age a few million profit

a young 26 year old founder of the company, a year earnings on tens of millions of yuan! He helped to improve the online game player speed, let 20 million people become his subscribers! This little-known company, has been jointly funded four domestic investment institutions, the total will reach 100 million yuan.

this is not Arabian Nights, but the real story took place in the Chengdu high tech Zone Incubator park. The 26 year old is one of the founders of the company, President Yuan Xu.

 

yuan Xu

friends alliance founded last year, tens of millions of profit

Yuan Xu, Inc., Sichuan Xun Xun Technology Co., ltd.. This is a company specializing in the development of online accelerator. 2005, Yuan Xu and the other two online games partner founded the company, has now become the absolute leader in the domestic online accelerator providers.

Yuan Xu Sichuan, Ya’an, who was a major in computer science students, but in 2004 dropped out of business, quite the same year, the · of Bill, Microsoft quit school style of doing business. And he started his business partner is playing online games, are a bunch of fans.

because of the familiarity of online games, they are keenly aware of the "online game acceleration" of this huge market. From 2005 to enter this field up to now, fast swim accelerator occupies 60% of the domestic online game share, the player has become a user of about 20000000. At present, the accelerator has been used to market 90% online games, such as World of Warcraft, Dungeon Fighter Online, JX three.

contact the company’s profit model is very simple: download the accelerator to the computer game player, probation for a period of time, and then pay to use. Although refused to disclose the specific amount of earnings, but Yuan Xu admitted last year’s level of profitability in the tens of millions of dollars. In the first quarter of this year, earnings significantly exceeded expectations." His online accelerator is simply a suction gold".

four institutional injection of the first account of 40 million

four domestic investment institutions loved the letter capital, fortune venture capital, Chengdu, emerging Asia and a surplus power fast travel company signed a risk investment agreement, the first phase investment of 40 million yuan, and has been credited into account. Under the agreement, the total investment of four institutions will reach $100 million.

membership Yingchuang power hi tech Vc firms, high-tech venture responsible person said, the value of fast travel, is because the company’s profit is very high, and the huge market space. The investment is equity investment, four institutions will occupy about 20% of the fast track equity.

at present, fast travel companies have set up offices in Beijing, Shanghai, and the overseas market has expanded smoothly, "thousands of overseas game player login to download every day, I checked, there are users in more than and 70 countries and regions……"

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