Wake up hazy in the morning，Just like a mother habitually changing her child’s diaper，I habitually pick up 188bet best bookmaker phone to read emails and various reports sent to me by 188bet best bookmaker colleagues，Thought suddenly，This is not 188bet best bookmaker child anymore，I cried again，It’s been several days。

Actually，I should have understood 188bet best bookmaker a long time ago，Mother has worked hard for ten months and looks forward to her child’s future，And we have worked hard for more than ten years to long for it，It’s just now that I remembered that we are just a surrogate mother，I forgot that the child was not mine from the first day of pregnancy。

I don’t know who the child’s mother is，When the earliest investors gave me their money，I know they are the mother of the child，When early investors exit and then sell to other investors，I think they are the mother of the child，When the last strategic investor Huazhu Hotel Group took over from them，I just knew they might be the child’s mother。Actually，Take care of children for so many years，I have formed an illusion，I feel like this is 188bet best bookmaker child，Actually, I am just a surrogate mother。

I used to think about 188bet best bookmaker feelings towards the company？When people say running a company is like raising pigs，When you have fattened up, you should sell and slaughter to make money，I really can’t imagine。I started two companies，A small company that you may not have heard of

The first one was in 1997，Shangzhixing, China’s first and largest online travel company at the time，I am a very small shareholder，Later I sold 188bet best bookmaker shares and became the senior vice president of Ctrip, which was still in its infancy stage；

The second one was in 2003，Called "Journey of Wealth"，I am the major shareholder，I am the child’s mother，Later sold to Sina，Finally acquired by eLong。I have always felt that running a company is like raising a daughter，188bet best bookmaker daughter will get married when she grows up，Find a good in-laws，Of course it is better if the man gives more dowry money，But it is more important that 188bet best bookmaker daughter live well。

But 188bet best bookmaker time is really different，We spend almost all our lives、All youth to breed、Raising a child，But I forgot that I am actually just a surrogate mother，I have an illusion，Think of yourself as the mother of your child。

Actually, I had the chance to keep 188bet best bookmaker child by 188bet best bookmaker side，At least it can stay for a few more years

When Yang Xiangdong, the boss of Carlyle, told me that I wanted to quit，Although I know that as long as I strongly disagree，He will not force me。But，I know 188bet best bookmaker professional responsibilities，I should respect the wishes of investors，Without them，There is no such child，I agree，I want to fulfill the duties of a surrogate mother

Actually，Even so，I still have a chance to keep 188bet best bookmaker child by 188bet best bookmaker side，Lao Yang from Carlyle respects 188bet best bookmaker opinion，This simply excludes strategic investors like Hanting，Until one day he told me that Hanting might offer a much higher price and asked me if I could consider it，I’m really struggling，But I know I am just a surrogate mother，I have a responsibility to 188bet best bookmaker real mother-Responsibility to investors。Lao Yang understands 188bet best bookmaker pain，He promised me that as long as the price difference is not so huge，He will definitely let me choose 188bet best bookmaker favorite financial investor，Let me keep the child with me。

Until the last moment，I still have hope of keeping 188bet best bookmaker child，Several old investors know that I want to keep 188bet best bookmaker children，They said as long as I want it，Just follow me。Tony、Eric’s two brothers，Founder of OceanLink Travel Fund；Liang Jianzhang，188bet best bookmaker best friend，The founder of Ctrip，They still supported me in the last ten minutes。But，I gave up，I gave up the child，Because，I cannot afford to be a real mother to 188bet best bookmaker child–Responsibility of old investors，Because the return gap is too big，There may be transaction certainty risk，After all, Hanting has handed over 3.500 million deposit。

I left 188bet best bookmaker child behind，I’m sorry for those who have been supporting me，As well as 188bet best bookmaker comrades and colleagues who raised children with me，Amy，Yu Ping，Ma Xiaodong。I’m sorry for the brothers who were with me on the first day ten years ago，And the brothers who joined later，I’m sorry for you。Although I know that we will all have good returns as surrogate mothers，But money cannot solve our longing and guilt for our children。

Last night Huazhu CEO Zhang Min called 188bet best bookmaker，As agreed in advance，The company still operates independently，Huazhu does not interfere，Strive for the opportunity to be independently listed，Huazhu Inclined Resources，Introducing members and franchisees to help make the Orange Crystal brand bigger，She wants 188bet best bookmaker to stay。

Actually, as a surrogate mother, I really want to leave the sad place quickly，To raise a child of 188bet best bookmaker own，Lao Yang，hurst、Zhang Songyi，richard，eric，Tony even wants to pay for me to raise a child of 188bet best bookmaker own，I am also able to pay for it，There is a child of whom we are the majority shareholder，No problem if they give hundreds of millions of dollars，So that I can raise a child of our own with 188bet best bookmaker brothers，We brothers can stay together with our children until we grow old，Watch your children grow up together。

But，When I woke up this morning and saw various emails and reports sent to me by 188bet best bookmaker brothers，I was in a trance and forgot that this was not 188bet best bookmaker child in the first place，So many years，I know what time the baby needs to be fed，What time does the diaper change，What medicine should I take if I have a cough and fever，How to calm down when you lose your temper...

Maybe，I should have remembered that I was a surrogate mother，Maybe，Maybe I should choose to stay and be the 188bet best bookmaker’s wet nurse now，After all, the 188bet best bookmaker is still around，I am willing to get up early to breastfeed her，Change her diaper，I am willing to stay up all night for her...

To the entrepreneur:

I know most of 188bet best bookmaker may not realize that 188bet best bookmaker are just a surrogate mother，Or 188bet best bookmaker think it’s raising a pig，When it’s fat, it should be slaughtered，Make money and leave。

I don’t know if we are both too emotional people，In the end, of course money is very important to 188bet best bookmaker，But some feelings may transcend money。No matter what，Don’t forget that 188bet best bookmaker are a surrogate mother，Do things professionally，The interests of investors must still be put first，There is nothing we can do if the child is reluctant to let go。

If 188bet best bookmaker want to find good investors，A person willing to let 188bet best bookmaker raise children，People who are willing to take care of your feelings，I suggest 188bet best bookmaker find them:

1）Lin Xinhe（Hurst Lin），188bet best bookmaker best friend，Chinese American，Founder of Sina，DCM’s General Partner，He voted for Vipshop，58 in the same city，Tuniu and other companies，Very successful VC。He started this company with me，He never left me when the company was at its most difficult，Still by 188bet best bookmaker side until the last moment，Willing to accompany me forever without selling his shares。

2）Zhang Songyi，188bet best bookmaker mentor，Former Morgan Stanley Asia Pacific President，Former Sina Director。Low-key super-rich investor，So low-key that even when walking on the street, one would think he was a thin country teacher teaching Chinese，One of its funds is called Mantra，He told me at the end，“Go and do something you like again，Be the major shareholder yourself，I support you”

3) Yang Xiangdong (X D Yang)，188bet best bookmaker teacher，Carlyle’s Asia Pacific boss，You may not have heard of Carlyle，They are a fund on the same level as Blackstone，The sovereign funds of many countries give them money to manage (including the Chinese government)，Yang Xiangdong’s most famous case is Pacific Insurance，Approximately 500 million US dollars invested，Took away about 6 billion US dollars。The recent McDonald’s merger was done by him and CITIC。Lao Yang is reasonable，Taking care of the management team’s feelings，He will definitely consider the team when doing deals。Very nice person，I do charity，188bet best bookmaker wife specializes in charity。The flaw is that they are too big，Generally only invest more than 100 million US dollars。

4）Tony Jiang，188bet best bookmaker brother，Founder of OceanLink，Focus on investment in tourism industry，The fund was established more than a year ago，But has already dominated and participated in eLong、Qunar’s delisting，Equity acquisition of Kaiyuan Hotel Group，European Ruby Hotel equity acquisition, etc.。This person has a kind heart，He has been helping me work hard to form a consortium to invest and support 188bet best bookmaker own acquisition，In the end it was not successful due to 188bet best bookmaker reasons，He apologized repeatedly。Friday night is hard for 188bet best bookmaker team，He has been comforting them on the phone，He called me and said "I'm sorry"，I can’t accompany you in Beijing at this time...”

5）James Liang，Chairman of the Board of Directors of Ctrip，188bet best bookmaker best friend，188bet best bookmaker leader during Ctrip，Ctrip is also an LP of OceanLink。When I made a last ditch effort on Saturday，Individual investors voted against the consortium I formed without a deposit。At this time，Old Yang Zheng, Ma Huateng and others are climbing a mountain，Old Yang told me，He asked Ma Huateng，He said only what Liang Jianzhang said，It definitely counts。I think a person’s life will be spent in vain if the big guys in the industry unanimously comment that “he means what he preaches”。

6）Eric Zhang，188bet best bookmaker friend，Head of Transatlantic Fund Asia Pacific，Also an LP of Ocean Link，The General Atlantic Fund has a scale of approximately US billion。It was Carlyle who strongly recommended me when he voted for me，This time he and tony fought with me until the last moment。He can’t speak，It’s quite hurtful sometimes，But this person is actually kind-hearted。

There are also many friends in the investment community who supported 188bet best bookmaker this time, so I won’t list them all in detail here，They include Goldman Sachs direct investment bosses Stephanie and Tim，Han Lei from CITIC Investment，Richard, the former head of Intel Capital China，Angel investor Ker，Little Justin coming out from the Carlyle, etc.。

This conversation，This is 188bet best bookmaker investor，If entrepreneurs encounter their Renren investment，It’s your luck。

I have written articles in this public account before，Understand entrepreneurship and investment as ladies and clients (called "I'm just a lady"，Everyone can look through it),I was wrong，I am not a lady，I can’t do business without emotion，I am a surrogate mother，I regard her as 188bet best bookmaker child.

To 188bet best bookmaker brothers:

I don’t know what to say，I only remember the days and nights we were together、All the bits and pieces，I only remember the guilt I felt when I saw 188bet best bookmaker still working hard for our children but not knowing that I had given up on our children。

I tried 188bet best bookmaker best，Until the last 5 minutes when Hanting’s exclusive negotiation rights expired, it was still doing last-ditch effort。

I have been blaming myself these past two days，Am I not working hard enough？Should I really be more selfish，Should I be tougher，I really feel sorry。

I really regret that I insisted on not listing in the United States，Because the valuation 188bet best bookmaker be too low。I also blame myself for focusing on the US market，I didn’t know we were qualified to be listed on the A-share main board four years ago。

Actually，I hope everyone can be more open-minded，No matter what kind of financial investor I change，If you don’t go public, you won’t be able to escape 188bet best bookmaker fate in the end，Home Inn、After being listed for seven days, it was eventually delisted and merged，We must know that we are just a surrogate mother，We just changed a strategic investor 188bet best bookmaker time，We still operate independently。We should be proud，We can build a company that people can buy for 3.7 billion

Ji Qi also promised us new options，Can be listed independently when conditions are met，I will confirm and arrange these things with Lao Ji，I will ensure implementation at all costs，In 188bet best bookmaker way we will still be the same surrogate mothers as before，Take care of our children the same way，A child who was never ours from day one...

Thank you everyone for returning to the office at 188bet best bookmaker time、Colleagues working at a construction site，Thank you for standing at the front desk of the hotel to serve guests at 188bet best bookmaker moment，Some colleagues cleaning the room in the guest room，I will fight for you。

Wu Hai

February 27, 2117

*188bet best bookmaker article is reproduced from the WeChat public account Orange Crystal Wu Hai，ID:wuhai222。