5 Beihang University graduates spent a million yuan to build a website, eating instant noodles and working part-time to sustain it.

by 21dig on 2006-11-30 15:06:34

Henan Business Daily reported (reporter Zang Jinseng): Five students of Beijing University of Aeronautics and Astronautics from Henan, instead of taking the allocated jobs, raised more than 1 million yuan to lease premises in Beijing to engage in online reverse auctions (different from traditional auctions). Unexpectedly, within a year and a half, all the money they had raised was gone. In order to realize their dream, these five university students were unfaltering: they took turns to work outside to earn money, ate instant noodles every day, and kept the website running. Yesterday, Zhang Guibin, who came to Zhengzhou to work, told the reporter their bitter experiences.