Zhang YiMing : The Mysterious Man behind ByteDance and TikTok

In an annual meeting of Fanfou at end of 2009, Wang Xing broke down into tears. Many of his core team members cried too. The company website was shut down on 8th July 2009. In the first half of 2009, Fanfou, a social networking website in China inspired by Twitter, saw its membership accounts rise from 300 thousand to 1 million.

The worst nightmare for an entrepreneur is to see your dream destroyed right after an exponential growth.