Offcn Education: From Li Yongxin's Dorm

China · Education / Knowledge · Founder Journeys

Offcn Education: From Li Yongxin's Dorm China · Education / Knowledge · Founder Journeys 01 / 发家路径 02 / 失败与拐点 03 / 关键数据 起步 探索 增长 Diversif… · 2014 · 发家路径 › 起步 Diversif… 2014 Explorat… · 1999 · 发家路径 › 探索 Explorat… 1999 Entering… · 2001 · 发家路径 › 增长 Entering… 2001 核心数据 · 市值peak=202… · 关键数据 › 起步 核心数据 市值peak=202… Legend User UI Agent logic Policy Tool action Context / trace

失败与踩坑

  • • Two consecutive startup failures between…
  • • Blind
  • • 65%
  • • 12%-13%
  • • 60%

关键成功要素

  • • Capitalized on the 1999 university enrol…
  • • The direct-operation branch model ensure…
  • • Created a low-cost customer acquisition …
  • • Used the 'agreement class' financial des…
  • • Decisively cut agreement classes and com…

经验教训

  • • Prepaid tuition is not profit
  • • There is a severe mismatch between the c…
  • • Scale expansion in policy-sensitive indu…
  • • High-ratio share pledging by founders cr…
  • • Cutting financialized products and retur…