Zhou Shouzi, a prominent name in the internet industry, his legendary life goes far beyond his role as CFO of ByteDance. Backed by TikTok, facing tough questioning from the U.S. House of Representatives, Zhou Shouzi responded with a calm and professional demeanor, showcasing his profound expertise as a legal and financial expert. However, his story goes far beyond this, concealing countless struggles and wisdom. 1. How did Zhou Shouzi's educational background influence his career development and success? 2. In his career, how did Zhou Shouzi establish his professional reputation and credibility? 3. Facing the challenges of TikTok in the United States, what strategies did Zhou Shouzi adopt to protect the company's interests and user trust?
Zhou Shouzi, born in 1983 to a Chinese family in Singapore, fluent in both languages. At the age of 12, he entered the Singapore Chinese High School with outstanding results. The school was founded by Tan Kah Kee and is a renowned overseas Chinese cultural education institution. After completing his secondary education and two years of military service, Zhou went to University College London to study economics, then worked at Goldman Sachs in investment banking for two years before moving to the United States to join the Harvard MBA program. Zhou Shouzi reflected on his military life and realized the importance of not wasting time. His wife, Gao Weiyen, a Taiwanese-American, graduated from Wellesley College with degrees in economics and Chinese studies. Gao Weiyen and Zhou Shouzi were classmates in the 2008 Harvard MBA program and met during an internship at Facebook. Gao Weiyen is currently the CEO of Tamarind Global, an independent non-executive director of New World Development Group, and a trustee of Wellesley College. She has been recognized as one of the top 100 women in the technology industry.
Russian billionaire Yuri Milner created DST Global, a company focused on internet investments. Zhou Shouzi decided to join after being invited and quickly rose to become a partner in the China region. He worked hard during his time at DST, meeting hundreds of companies within a year to study projects and observe the development of China's mobile internet. Starting in 2010, Zhou Shouzi delved into the core competitiveness of enterprises and viewed investment as a technical activity that required significant accumulation. By the time Lei Jun discovered him in 2015, Zhou had researched over 1000 companies. Zhao Xiaobing, who has worked for multiple investment groups, praised Zhou Shouzi as intelligent, rigorous, and friendly.
Zhou's diligence was recognized by DST, and his efforts helped DST enter the Chinese market. As Chinese mobile internet companies rose, Zhou, as head of DST China, seized the opportunity of JD.com's development and facilitated DST's investment in JD.com, bringing substantial returns. In addition, Zhou successfully paid attention to Xiaomi and Toutiao, contacted Lei Jun through personal connections, and completed the investment in Xiaomi in 2011; in 2013, he met Zhang Yiming and expressed confidence in the development of ByteDance, with DST subsequently leading the Series B financing. Zhou Shouzi adhered to the investment philosophy of establishing close relationships with founders and integrating them into their own camp, perhaps key to becoming a trusted insider of Lei Jun and Zhang Yiming.
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