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China / Post-90s entrepreneurs in China

The controversial face of post-90s entrepreneurs

(chinadaily.com.cn) Updated: 2015-04-27 17:47

He hopes that his company's results will speak for themselves.

"Just now I was talking with Alipay on how to realize the dividends target of 100 million. This is our short-term goal," said Yu. This is 100 million in Chinese yuan, not Vietnamese dong as some mockers have said, added Yu in a self-depreciating way.

"The latest position for the app is to provide an integrated campus life service platform for students in universities and colleges." Yu said. "The app has no peers or competitors now. Nowadays we have two sub-products - super intern and super campus community which do internship seeking and campus community management respectively. And in the future we will integrate more services such as flea market and campus job seeking, part of which can be promoted as our attached new business," he added. Yu is a good boss. Only one out of the nine founding members has left his group. He now employs more than 100 people, most of whom are as young as him. "Compared to profit, I care more about what my group members get. Some of my colleagues get higher salaries than me. I appreciate their wisdom, ideas, and technology for the development of our company."

His leadership philosophy is also fresh. He balances control with giving his employees a free hand. Most of the time, he will stay at home, go to clubs or travel, leaving sufficient space for his group. However, he attends every single recruitment interview.

Youths born in the 90s are often labeled as selfish. Yu's story also helps to correct this stereotype. He is a filial person.

When news about him exaggerating his achievements spread, his parents became worried about him. To appease them, he studied hard while doing business, got a diploma and graduated as an outstanding student.

Born to an ordinary family in July 1990 in Raoping county in Chaozhou of Guangdong province, an agricultural county of one million people, he also remembers where he comes from.

"The most distinct characteristics people from Chaozhou have is credibility and integrity," said Yu.

"Yu dares to think and act. He is aggressive in his work. He will never give up, which is a characteristic of people from Chaozhou," said a post-90s girl who was close to Yu.

 

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