Mike Cai, his Chinese name is Cai Wensheng and his nick name is Pizi. He was born in Fujiang province, China.
Mike Cai, same with 58.com CEO Michael Yao, built his fortune by domain investing. He is called “Domain King” in China for his great achievements. And now he is also known as one the most famous angel investors in China. From the year 2007, he has been investing more than 19 companies. Now he is also the CEO of Meitu Networks Technology Co., Ltd.
Mike Cai began his domaining career in the year 1999. From 2001 to 2003, he registered over 5000 expired domain names and sold 1000 of them to buyers all over the world. In the year 2003, he founded site navigation website 265.com, which was acquired by Google four years later. In China Internet webmaster Conferences, he was honored as the godfather of Chinese webmasters from 2005 to 2007, three years in a row.
He sold so many premium domains with undervalued prices. It is said that if he did not sell those domains years ago, his wealth could even compete with the country! For example, he sold QiYi.com, TuDou.com, and BaoFeng.com, which are all famous video websites in China now. He also owned QiChe.com(QiChe: car). Qiche.com was rumored to be sold at ￥15million CNY. While the truth is he just gave it away for free! He also owned ZuChe.com(ZuChe: car rental), which owned by China Auto Rental Inc. He sold at only ￥18,000 CNY for the name YinLian.com, whose value is at least ￥5 million CNY. The number of domains similar to the examples above he sold is over 200!