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Pony Ma's Early Success
- Pony Ma, Tencent's founder, excelled academically and sold his first software project while in college.
- He chose to work after graduation, gaining early internet experience through pager technology and BBS systems.
Tencent's Pager Pivot
- Inspired by internet pioneers, Pony Ma co-founded Tencent in 1998, initially focusing on internet services for pagers.
- This pivot reflects the early stages of internet adoption in China, where PCs were less common.
Tencent's Incorporation
- Tencent, initially named "Galloping Message" in Chinese, was incorporated in the Cayman Islands, similar to other tech companies seeking venture capital.
- This highlights the strategic use of offshore incorporation for investment purposes.