看到你的blog非常高兴你能有机会过来看看。大陆现在确实处于一个关键的时点，就跟你说的teetering一样。我也看到很多问题，比你在blog里面要严重的多的问题，比如说大家把贪腐当作日常生活的一部分，还有官员的不作为，人情的冷漠，信仰的丢失。

但是，我也相信有很多跟我一样还抱有希望的人，从美国回来以后就一直在改变我们生活，至少尽量的改变我们自己身边的人和身边的事情。我也找到了很多跟我一样志同道合的朋友，如果我们还没有消失，希望我们还能让大陆向另外一个方向发展。而我则相信，这是一个不可逆的过程，因为人性是不可能再被禁锢的。

另外，非常高兴台湾让我们看到了中国人的族群里面，民主是可行而且是会不断进步的。虽然我没有支持任何党派，包括马英九，对于我来说谁当选总统是一样的。但是蔡英文在败选之后的举措是真正的民主精神，也是民主制度的最好体现。希望以后你也能看到大陆更多的进步。

我在商學院，常常看到這個問題，事實上是有方法解決的。依我看來，有三種方法解決：

第一，最麻煩，但是也最有成就感，就是自己學著做。我當初就是這樣子學會開發網站的。

第二，外包，我有一位學長，他完全不會開發網站，但是完全靠外包開發，做了Video Genie
http://www.videogenie.com/

還靠當初外包開發的產品，募了2百萬美金。

第三，prototype，用繪圖軟體，（我看過有人用PowerPoint），做出你想像的軟體的樣子，然後拿這個protoype去跟你的客戶聊，看看他們如何使用，了解他們的難處，以及他們是否願意付錢給你買著個東西。最強的，是當場要他們簽意願書，甚至購買合約，甚至要他們付訂金；你接著就可以拿這筆訂金，去發包開發軟體。

In our class, our professors from TA Associates mentioned a joke, “when should you replace a founder/CEO?” The answer was, “the first time it crosses your mind.”

We also need to keep in mind that the incentives for the founders, VCs, and the professional managers are not aligned. A VC is concerned about an exit, a professional manger is concerned about his bonus, and a founder/CEO is often more concerned about the longevity of his business. Under this dynamics, I think it’s easier to see who has the right “intentions” for the business.

I think there are two questions we need to think about: 1) how we can protect our companies from being controlled by others; 2) how we can grow fast enough to comfort those VCs that we are the right people to manage the company, and maxmize their investments. The company is growing, so are the entrepreneurs.

Live case, i did heard investors preferred companies still managing by founders, instead of professional CEOs. And indeed, they don’t trust those CEO, CFO, and CXOs. In my small talks with a Hedge Fund manager, we were talking about the case of MF Global, the CEO was braging about how good the broker house was, like few weeks before it went bankrupted. But, that’s in different market and for different audience. If you are CEOs or Chairmen for a listed company, you should already have grew at least at the same pace as your company.

One of the sacrifices they make, is to give up part of the company in exchange for money from investors. This is all good. However, some investors feel that they need to “control” the company in order for it to reach its fullest potential.

While this may be true, but their ruthlessness is startling. In yesterday’s speech, the speaker did not even show one bit of intention to even “grow” the original team. He just came in, and replaced the original founding team. That was mainly what I was angry about.