Reinventing the Millennium.

Chapter 201 Press Conference (Two in One)

In 2001, the shadow of the global Internet bubble was still there, and the disjointed development of the Internet in China also felt the power of the bubble. Sohu fell to 7% of the issue price, NetEase was temporarily suspended from trading, and even the founder of Sina was kicked out.

The worst thing is the domestic small and medium-sized Internet companies. You can hear news of bankruptcy every once in a while, and most of them die of blood loss because they can't get money.

In this case, Guahao.com, which had a falling out with venture capital after burning money and then raising money before failing to make money, is like a firefly in the dark night, so bright and outstanding.

Maybe the general public only occasionally sees three or two lines of reports and four or five seconds of introductions on TV, but Fang Zhuo is really famous in the business world, especially in the Internet and investment circles.

Many people heard the news that "the core business of Guahao.com has collapsed", and felt sorry for those venture capitalists. It would be great if they could give this money to themselves.

There were also people who regretted that Fang Zhuo was young and talented. This time, he was afraid that he would be hit to the bottom. If the second round of financing was swallowed, although he could continue to maintain the registration network, he would definitely offend a large number of people.

There are also quite a few who are watching the excitement, the more excitement the better - many media reporters who participated in Fang Zhuo's press conference on the 16th had this mentality.

To be precise, the full name of this press conference is "Guahao.com Press Conference and Yike M1 Music Player Product Conference". Because it is too long, the most famous point in the media circle refers to it.

The press conference was at two o'clock in the afternoon, and not only reporters from general newspapers, but also online media from many portal websites were invited, as well as some Yike employees selected by themselves.

The entire press conference looked quite lively, debugging machines for debugging machines, asking for news about news, and introducing each other to expand contacts.

Anyway, Jay Chou was really surprised when he arrived at the venue at 01:30.

so many people!

He didn't wear a peaked cap today, and when he turned around, he found that no one knew him, and his nervous mood was relieved a lot.

The endorsement contract has been signed. Since it is the first invitation from mainland China, and the product is related to music, and the other party promised to create products in exclusive colors, the economic team who flew here yesterday discussed it and set the price at 100 4 years.

Jay Chou is very satisfied with this, this is NT$510 million!

only……

"Hey, tell me, will Guahao.com announce its bankruptcy today?"

"Fang Zhuo is a bit unpredictable. I suspect he has transferred all the financing money."

Jay Chou wandered around the venue, and from time to time he couldn't hear some comments that made him feel uncomfortable. Although he knew that it wasn't Yi Ke who spoke for him, Guahao.com was also run by Mr. Fang.

If Guahao.com goes bankrupt, will it affect Yike?

Jay Chou thought ignorantly, but got no result.

Then, he walked into the rest room backstage, and saw the young president smiling and chatting with the people next to him.

"Baidu has developed very fast this year. Although the current voice is not optimistic about the Internet, there are also pearls in the mud. What has become of the U.S. stock market, but Baidu's first financing was 120 million from Wall Street. Dollar."

"The second time, it raised 1000 million US dollars. Look, this is the trend that everyone knows, and it is very popular."

Hearing Fang Zhuo's comments, Jay Chou blinked and asked, "Where's Yi Ke?"

Fang Zhuo turned his head and saw the future king of music, showing a smile like a wolf grandmother, and explained: "Yike belongs to the specific application scenario of exploring the Internet. It is a combination of the Internet and music. Although it is also a combination of hardware, the essence is and It is closely related to the development of music formats on the Internet."

Jay Chou was stunned, Mr. Fang's enunciation was very clear, but he didn't quite understand what it meant when they were combined.

"Baidu is different. Baidu's future goal is an Internet infrastructure enterprise." Fang Zhuo said with emotion, "Of course, it is only a technology provider of search engines for other web pages. The vision is very good."

Jay Chou didn't understand again, he controlled his expression and nodded, afraid to continue the conversation, he quickly changed the subject: "Mr. Fang, I looked at the azure color of Ru Kiln in the album, it's really pretty."

"Well, if all goes well, this color will be available by the end of this year, but before that, you have to get the song 'Azure'." Fang Zhuo nodded.

"Huh? A blue song?" Jay Chou was surprised.

Fang Zhuo said with some doubts: "It should be written in the contract. Every year, one song is exclusively released through the M1 machine as the channel. This year is counted according to the lunar calendar."

Jay Chou was stunned.

Fang Zhuo looked to the left.

Liu Yangyang next to him immediately stepped forward and replied: "This clause is written into the contract. I discussed it with Jay Chou's team yesterday evening, and it's clear."

Jay Chou: "???"

"Let's go, it's okay. It's simple. I have half a manuscript in my stomach." Fang Zhuo said boldly. There is a special loop to listen to.

In particular, the azure color in the phrase "the azure color waits for the misty rain" is specifically used to prove that it is "Ru kiln" rather than "blue and white porcelain", which is true blue, not azure.

Fang Zhuo was deeply impressed by this, and even remembered most of the song.

Now it can be used as a proposition composition, and it can properly promote M1.

Jay Chou silently followed behind the group of people. He will also appear on the stage as a product spokesperson today. However, on the way from the backstage to the front stage, his mind is all thinking about the "blue color", which is a bit heavy.

At 1:50 in the afternoon, a group of Guahao.com and Yike appeared at the press conference, and the media reporters below gradually quieted down.

"It's almost there. There are quite a lot of friends here today."

Fang Zhuo sat in the middle, picked up the microphone, and said cheerfully: "Some things have happened recently, because I have been busy, I have refused many interviews from friends from the media, so today I simply use Yike's project to come Get together."

"This is what we arranged today. In the first half, I will listen to what questions you have about Guahao.com or me. In the second half, I will introduce you to the best music player in the northern hemisphere."

The press conference process was very simple and clear. Fang Zhuo thought that he would be nervous in front of many reporters, but after sitting on the stage and looking at the dark heads, he didn't feel too much. Instead, he was thinking about whether the stage position was a bit high.

Many reporters were uncomfortable with the scene in front of them. It looked like a speech scene of a government department.

But the media people on the portal website are very happy, very nice, and not restrained.

The skeptical paper media are still hesitating, but those on the website have already raised their hands.

"The friend wearing glasses in the third row." Fang Zhuo ordered one, and vaguely saw the word "Sina" on the other's table card.

"Mr. Fang, will Guahao.com go bankrupt? How long do you think it can last?" This person was not polite at all, and he spoke with thorns, but this is actually a relatively mainstream view nowadays.

"A company can maintain it if it has money. This is superficially speaking. On the inside, it can be sustained if it is valuable. I think the registered network still has some value." Fang Zhuo replied seriously, "Judging from the current scale and book funds , The registered network can still support for four or five years.”

Some reporters immediately worriedly asked loudly: "What will happen in four or five years?"

Four or five years later... what to do...

At that time, it was 2005 and 2006, and the Internet has blossomed more than it is now...

Facing the reporter’s worries, Fang Zhuo couldn’t answer for a while. He really didn’t think about it. After a few seconds, he said: “At that time, the venture capital institutions will probably forget their resentment towards me and will continue to invest money in me.” , and can continue to support it for another four or five years."

There was a lot of laughter in the meeting room. No one expected that this young president was so capable of making troubles, and he did not avoid the bad relationship with the venture capital at all.

"Online registration cannot be charged. What is the future development plan of the registration network?" The question of the paper media reporter is quite satisfactory.

Fang Zhuo liked this question quite a bit, and replied: "From today onwards, the registration network has changed a lot."

"We will try to expand the further combination of registration network and the Internet, such as online sales of medicines, and integrate data circulation in different regions. This is a very important basic work."

"And, we will do some deep and long-lasting publicity."

"In the next period of time, there will be roughly these three things. If they can be done well, the value of Guahao.com will be further enhanced."

In fact, Fang Zhuo said one less thing, that is, the attempt on payment, which is a quiet attempt and cannot be announced to the public. It is best to slowly expose it after it has reached a certain scale.

"Oh yes, Guahao.com has also launched a new logo, a black and white sketch of a panda pattern, I hope everyone will like it."

Accompanied by these words, the huge curtain on the stage projects a clear image, and the panda pattern is quite naive.

"Mr. Fang, what do you think of the development of domestic Internet companies? You were hailed as the most cutting-edge young entrepreneur in China before October, but now some people say that you are frustrated and at a loss. Do you have any emotional gap?" A female reporter asked a question.

"This problem is a bit big. The development of domestic Internet companies, I think it will work." Fang Zhuo gave a thumbs up, then shook his head and said, "It's not a big gap, because I don't feel frustrated. Guahao.com has never It is announced that there will be charges for the online registration service.”

He said righteously: "On the contrary, Guahao.com was the first company to declare. We have long realized that online registration is a basic livelihood issue, and related companies must open up more space if they want to survive."

The reporters did not expect that this person would deny it flatly, and his face was quite shameless, but it seemed to be the case on the surface. Guahao.com has never publicly mentioned registration fees, but this is just a keen judgment of its administrative relations rather than a wise judgment.

"Where do you get more space? Is it to buy land with venture capital money?" A fat man stood up and said almost reprimanded.

Fang Zhuo set a goal for himself before today's press conference, must be gentle, must be gentle, must be gentle.

From the moment he took the stage to the present, he has basically greeted him with a smile, but this question...

He shrugged: "VCs and I have disagreements on how to operate a business, and facts will prove them wrong. I would like to give a piece of advice to all entrepreneurs here. If VCs can really understand the logic of doing things in the industry, then they It’s not a VC but your competitor.”

"The Internet is an emerging economy, and all development is in the process of exploration."

Fang Zhuo couldn't help but want to chat: "Penguin, which was complained by venture capital and the media last year, was already making a profit. Why weren't everyone optimistic about it at that time? Obviously, it has such a high market share and amazing users."

Many of the people who came to the press conference today are the chief writers of the financial section. Hearing this question, he couldn't help but think along with him.

"To this day, even if it has made a profit, the news I know is that it is not favored by some mainstream capital." Fang Zhuo spread his hands and asked himself, "Because, Penguin's business model is in foreign countries and in advanced markets. Can’t find a benchmark company.”

He chuckled: "Mainstream capital believes that Internet innovation should appear in Silicon Valley, and should appear on Route [-] in Boston. However, different national conditions will inevitably give birth to different companies."

"I advise all venture capitalists, all shareholders, the potential of Penguin is obviously underestimated."

Fang Zhuo came back to this point: "Just as the value of Guahao.com is underestimated, venture capitalists are always short-sighted. I can use one hand to check off the list of domestic start-up companies. better than them."

What is arrogance?

This is.

Many media outlets were in an uproar. This Xiaofang is always breaking things, and he doesn't plan to deal with venture capital in the future?
"Of course, if you want to see my operation, please support the M1 player as much as possible, so that I have money for you to compare." Fang Zhuo picked up the exquisite white M1 and showed it to everyone.

The back curtain switches to the picture of the M1 music player in due course.

The reporters didn't skimp on the film, so they snapped a photo of President Xiaofang's arrogant speech holding an M1 first. Whether it's to promote the product or not, everyone loves to watch this.

"How do you see your competitors going bankrupt one after another?" Another question was thrown up.

"Only companies that have withstood the impact are eligible to enjoy the benefits of the Internet wave. It's not easy. Fortunately, Guahao.com still has a chance." Fang Zhuo said fortunately.

"Why do you think Guahao.com can withstand the impact of the wave?"

Fang Zhuo thought for two seconds: "Probably because I am the hardest part of Guahao.com. If I didn't fall down, Guahao.com will naturally be able to hold on."

A skinny male reporter couldn't stand Fang Zhuo's self-praise, stood up without raising his hand and asked loudly, "Don't you want to say something to the eight institutions that have invested in you?"

Be gentle, be gentle, be gentle.

Fang Zhuo said it three times in his mind, but suddenly he felt that gentleness under this kind of problem would make people feel weak, and venture capitalists are not easy to deal with.

He had no choice but to show his ferocious claws, and said seriously: "In most industries, experts kill laymen. Entrepreneurs kill VCs, VCs kill PEs, and PEs kill investors. Among investors, there are star investors and grassroots investors."

"This 'killing' can also be said to be a process of profit grabbing."

"I will not be troubled by investment institutions taking my shares, and I hope they will not be depressed because they were killed."

"It's not easy to come out and mix, especially this year. There are too many companies that died under the Internet bubble. Of course, I give priority to ensuring my own survival."

Fang Zhuo spoke very bluntly and cruelly, with a calm tone and an indifferent expression.

Many people present were shocked, the coldness in this kind of words instantly covered the frivolity of the previous words.

It also made people suddenly realize that the young man on the stage was a ruthless character who fought with venture capital and made them return without success.

Jay Chou, the spokesperson of Yike who was listening silently, couldn't help but take a sip of water, the audience was dark, staring at him with scorching eyes, making troubles one after another...

This scene made him feel that music is simpler and purer.

(End of this chapter)