After graduating from Harvard Business School in June 2006, Ken Pao and Bill Lee were ready to fully commit to the Internet start they worked on since they first set foot on the campus of the business school. They moved to Beijing, rounded its management team, has received venture capital funding, developed a joint venture partnership, and establish the basic steps for creating a full-impact product launches for the social network Web site catering to the college market. On launch day, they were confronted with the failure of the Chinese Ministry of Education and had to go back to square one. Discussion of the pros and cons of partnership with the Ministries of China, the ups and downs of business, and numerous opportunities for business development in China today. "Hide
by William C. Kirby, F. Warren McFarlan, Tracy Yuen Manty Source: Harvard Business School 22 pages. Publication Date: January 4, 2007. Prod. #: 307075-PDF-ENG
Related Case Solutions & Analyses:
University of Virginia Investment Management Company (UVIMCO)-2007
Decision Making: Its Not What You Think
Corporations Communities and Conservation: The Mountain Institute and Antamina Mining Co.
NoTel (A): Speak to Me
Harbus Foundation
ArcelorMittal in India: Sustainable Partnership Model
Michael Boulos: A Career Derailed
Yale University Investments Office
Movile (B): Building New Venture Opportunities
Retail Execution: Linens ‘N Things
