Exclusive interview with Wang Xiaochuan: It is a pity that sogou has not listed in China, and it is the general trend to return to A shares.

Wang Xiaochuan has made many breakthroughs in 2018. At the end of last year, sogou fulfilled his dream of 14 years and successfully listed on the NYSE; At the beginning of this year, CEO Wang Xiaochuan was elected as a new member of the Chinese People’s Political Consultative Conference for the first time.

As one of the most famous Internet entrepreneurs in China, Wang Xiaochuan has unique and profound views on the Internet. When interviewed by reporter Hu Ling in the program "Mobile Parliament Hall of the National People’s Congress and the National People’s Congress" of Phoenix. com, Wang Xiaochuan not only talked about the development of sogou and her own life, but also talked about monopoly, innovation and blockchain.

CDR is a topic that Internet bosses are most concerned about in this year’s two sessions. As a rookie in the capital market, Wang Xiaochuan was inevitably asked this topic. He said that if CDR or other means can be used, sogou is very willing to return to the domestic motherboard market.

"I am sorry that sogou has not been listed in China." As a result of IPO in US stock market, users and investors in sogou split into two groups. Because users should be the group that understands products best and makes more effective investment decisions, their attention to sogou can also amplify the brand ability of products. On the contrary, when new products are released, investors in sogou will become users in sogou. As long as such an internet company can succeed, it will grow very fast, and at the same time it will bring a positive cycle: investors can share the growth benefits of the company simultaneously.

Now listed overseas, investors and users are separated, and the product lacks a channel to penetrate into users.

"So I think it is the general trend to be able to return to A shares. This national policy has solved our other mechanism problems. I think it is a very good thing for our company, for the whole Internet company, and even for the whole enterprise that can serve the public." Wang Xiaochuan said.

As for how to return to A-shares, he believes that we should still follow the direction encouraged by the state. He said, "The opening of CDR is the best way to solve the problem with the least change."

This is a giant era. In recent years, BAT has been actively deployed in almost every innovation field. As Ma Yun, Ma Huateng and Ma Dongmin are the chairmen of Alibaba and Tencent and the major shareholders of Baidu respectively, some people jokingly said that the Internet in China is going to be named Ma.

Although the giants seem to be in control of the fate of all enterprises, Wang Xiaochuan is still optimistic about the development of the Internet. He feels that if the development of science and technology industry is viewed in a longer time dimension, the pace of innovation will not stop. It’s like the birth of Microsoft broke the monopoly of IBM, followed by Google, which seemed to dominate the world, and Facebook was killed halfway.

His other reason is that the Internet may gradually penetrate into many national economies and people’s livelihood in the future, and there will be no Internet companies in the future. "In 2007 and 2008, Sohu will also set up a mobile business unit; But now if a company has a mobile division, it is finished. "

Even today’s two "horses", they have not inhibited innovation. Innovation is still emerging, just like Meituan before and bike-sharing now. These emerging companies are also willing to form alliances with giants to help them develop faster.

Therefore, Wang Xiaochuan’s point of view is: "In this era, if everyone really wants to use the word monopoly, monopoly is not eternal."

In addition, monopoly does not necessarily bring global harm. Taking the relationship between Tencent and sogou as an example, Wang Xiaochuan explained that Tencent finally realized that Tencent’s search was not as good as that of sogou, and gave all the search teams to sogou. Now the Chengdu branch in sogou is a branch of Tencent.

Every stage of Internet development seems to be accompanied by a bubble. In the past two years, everyone was still worried about whether there were too many bubbles in artificial intelligence. This year, the fanaticism of blockchain made more people stunned.

The bubble of artificial intelligence is different. A few times ago, the so-called artificial intelligence era came, and as a result, there was nothing after the ebb tide. Now artificial intelligence has reached a new stage, and the current capital inflow belongs to "capital began to enter, and the money invested today is 100 times and 1000 times higher than before." When we settle down, you find that it is rewarding, which has changed life. "    

However, the bubble of blockchain means cost for ordinary people. "It is best for Bitcoin to have an access mechanism because the risks are higher." When it comes to blockchain, Wang Xiaochuan is worried. "Only in this way can we encourage and protect more innovation."

The popularity of blockchain is rising so fast that even Wang Xiaochuan is worried about falling behind, and this worry is still very strong. Some time ago, a friend who was studying biology came to ask him about the blockchain. As a result, this friend studied more deeply than his computer major. Wang Xiaochuan said that it was impossible, so he quickly made up for it himself. From technology to business and political events inside, he finally understood the blockchain.

"Blockchain is a decentralized and highly anarchic thing. In political practice, it has its own problems. If it is not careful, it will be centralized, or if it is not centralized, it will be inefficient. We are concerned about how it can establish a certain central influence. " Now Wang Xiaochuan has been able to talk about this topic Kan Kan, and completely found his own feelings.

In order to stay behind, Wang Xiaochuan began to play the glory of the king these days. Because he found that many articles will mention some of the terms, and now he can’t read the articles without playing games. However, because there is no special time to play, his level is really bad.

In addition to worrying about falling behind, Wang Xiaochuan also has some other anxieties. For example, he wants to go back to the company to reach a consensus on his business now. This science and technology man rarely shows a little literary cell: "The plan for one year lies in spring, and now spring is almost over."    

Looking back over the past ten years, there may be some things that could have been done better, but now, after all, we can’t go back to the past, so Wang Xiaochuan has nothing to regret, only that he has experienced setbacks and failures and gained various experiences. When the company didn’t go public, the only indicator that the outside world looked at sogou was the market share of search. Now the CEO has really lost some burdens and started to talk about his ambitions for the future — — Make something cool.

How to understand cool things? For example, the translation machine introduced by sogou some time ago can solve the problem of information exchange, which is cool in his view. What sogou wants to do is not another Google or Baidu, but something of its own combined with the reality of China, and its investment and strategy have to be upgraded.

In addition to Sogou CEO, Wang Xiaochuan has another famous title, that is, the bachelor in the Internet business. In an interview with Hu Li, Wang Xiaochuan rarely responded to this topic.

He said that he is not looking for a girlfriend, and personal problems will be slowly put on the agenda. However, when it comes to this relatively romantic thing, he still showed his nerd thinking: "But there is a good thing. Today, due to the highly developed biotechnology, people can have a longer protection time, so they can have some comfort for themselves."