There are too many things you have to do

Had the chance to hear the cofounder of Qunar Douglas (Malaysian!) speak at an invite only event.

Screen Shot 2014-01-12 at 9.32.40 pmQunar is China’s #1 travel search engine. In 2011, Qunar was acquired by Baidu, which later owned 60% majority share in Qunar. The acquisition was done at $306M. Earlier In November 2013, Baidu listed Qunar on the stock exchange, raises over $167M on the public listing.

Impressive, considering that Douglas was a foreigner whom conquered the chinese market.

Couple of takeaways from Douglas:

  • If you dont feel like everyday you have 50 things to do for your startup, and when you go to sleep, you have accomplished 55 of them, you are better off working for a corporate
  • How often do you pitch? 110% of the time. Pitch to everyone about your company.
  • Qunar grew through partnerships. Spending on marketing was minimal.
  • How to stand out from competitor: out execute them.
  • Team is important.

Main takeaway: execution.



Anything to say to me?

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s