Reinventing the Millennium.
Chapter 515
Chapter 515
Fang Zhuo waited for his 0.5 favorite TSMC marketing vice president Hu Zhengda in Shanghai. He was not at all unhappy that Professor Hu's younger brother regarded him as the last guarantee.
Many things are such two-way choices.
It's like Dangdang's investment, people don't want to take their own money, so bye bye, there is nothing to say.
As far as Hu Zhengda's choice of entrepreneurial projects is concerned, it's not that Fang Zhuo insists on exerting influence from behind the scenes. It's that his IC design company is really not favored by venture capital.
If a good project is rated +5 by venture capital, no matter how you say hello, there will definitely be money willing to invest in excellent targets.
But Hu Zhengda's project may only get a negative score of -3, and it will really become difficult.
Fortunately, no matter how difficult this matter is, it is harder than Bing Xin. Fang Zhuo has always given extra points to those who are capable, and he is happy to discuss the future development space of his company with Mr. Hu.
And just when the chairman of Bingxin and the vice president of marketing of TSMC entered the honeymoon period in Shanghai, the investment of Dangdang and Yike was revealed.
Behind Dangdang stands Fang Zhuo, the president of Yike.
This is something that was not concealed when domestic e-commerce was in full swing. Yike Investment took the shares of Dangdang. Moreover, Mr. Fang also showed his interest in e-commerce at the Lin'an Internet Industry Development Conference.
Therefore, when Dangdang, Joyo (Amazon), Eachnet (eBay), and Taobao compete with each other, everyone regards Dangdang, which is relatively weak in financial resources, as a competitor at the same level.
However, the news suddenly came out that Yike Investment brought IDG, and Capital Today did not negotiate the next round of financing with Dangdang... That made the situation a little tricky.
It also made many people breathe a sigh of relief.
This is the case with Ma Dian, the head of Ali.
He was somewhat puzzled by Dangdang.com's choice, and suspected that Fang Zhuo might be charging too much, but the process was not important, and the result was gratifying.
Ma Dian specifically looked through the news reports and found that they were quite reliable.
——"Fang always returned home from the United States, and brought together IDG and Capital Today to participate in Dangdang's early financing round. However, it may be because of the disagreement over the company's development strategy that the negotiation failed in the end."
——"Dangdang.com has begun to reduce subsidized categories. They may slow down their impact on the entire category market and devote more energy to the consolidation and expansion of their main business."
——"According to insiders, Li Guoqing explained the reasons for refusing to invest in Dangdang's internal meeting, and believed that Yike was not a partner with the same goal."
Ma Dian couldn't help laughing out loud when he saw the revelation of "unified goal".
To be honest, he was really worried about the fate of the Yike Department... not to say that he was afraid, but it was a feeling that he couldn't say it well.
Unexpectedly, the alliance between Dangdang.com and Yike would be self-defeating.
Ma Dian thought for a long time, and directly called the person in the report.
"Hey, Mr. Fang, I heard that you have returned to China and come to An'an when you have time. I invite you to dinner."
Fang Zhuo in Shencheng was quite surprised to receive a call from Ma Den, and he agreed immediately: "Okay, I will call you when I arrive in Lin'an."
Ma Dian said a few polite words, half-truth and half-fake to get to the point: "I heard that Mr. Fang never negotiated an investment with Dangdang. I think Dangdang's actions have changed from aggressive to steady. Is it true? Dangdang is not Take Fang’s total investment, why don’t you come to our Ali to have a look.”
Fang Zhuo smiled and said, "Mr. Ma, really? Didn't your Ali just raise 1 million US dollars? If I go, I will have to get a seat on the board of directors."
Ma Dian laughed and didn't answer directly. He just complained that the money spent in the financing was very fast, and he also talked about the competition between Taobao and eBay EachNet.
As he said this, he thought in his heart, the money of this surname Fang is not easy to get.
Fang Zhuo chatted with him for a while, and soon realized the purpose of the phone call. He had nothing to say, and said that he really didn't have a good talk with Dangdang, and he would not participate in the financing behind Dangdang.
The two exchanged their views on domestic e-commerce again, and ended the call after a while.
Hang Lung 23, Fang Zhuo sat in the CEO's office, put down his phone, and shook his head slightly.
"Mr. Fang, what's the matter?" Su Wei, vice president of Yike, was in the office and heard Mr. Fang's unilateral call.
"Ali is still a little worried that Dangdang.com is determined to expand the entire category." Fang Zhuo's smile is quite meaningful, "Ma Dian is a lot wary of the 'big launch' with Yi Ke involved."
"Now? After confirming the news, don't worry." Su Wei said.
"Now that Dangdang has taken the initiative to reduce the scale of competition, the other three companies must be happy." Fang Zhuo shrugged, "I started doing it earlier, which made those foreigners see it and thought I couldn't afford it."
"How could they think like this, they would only feel that the richest man in the mainland would not end up, and the pressure on their hearts would be much less." Su Wei said seriously.
After a while, she asked: "Then Dangdang does not raise funds, what will happen to this competition? Will it take money from others?"
"If you don't take money, you don't dare to burn it. Dangdang is still Dangdang." Fang Zhuo said lightly, "eBay will definitely not be able to compete with Taobao, and Amazon's books should still not be able to beat Dangdang. The money we gave in the last round is enough for Dangdang to consolidate prudently. Their book e-commerce."
Su Wei's heart moved: "That is to say, Dangdang without financing will not be able to compete with Taobao in the end, but foreign giants will fail?"
Fang Zhuo smiled: "It's almost the same. Foreign giants come to China and are not acclimatized. This is not an isolated phenomenon, but a general phenomenon. Those who win in the end will eat the market."
He gave an example: "Don't talk about Amazon and eBay, let's talk about Yahoo, which has a Chinese founder Yang Zhiyuan. He didn't do well when he wanted to develop the Chinese market."
"Last year, Yahoo released dozens of people in the country. They thought they could build up the market by relying on the 'Yahoo' brand. In the end, they had to acquire other companies and let Zhou Hongyi become the president of the China region."
"However, whether Yahoo can take Zhou Hongyi's opinion seriously, and whether Yahoo is willing to let the president of Huaxia participate in strategic decision-making is also a question."
"Once all foreign giants fail to localize well, they are doomed to the end."
"Amazon and eBay will be no exception."
Fang Zhuo glanced at Mr. Su, and said, "From the beginning to the end, my goal of using Dangdang to get involved in e-commerce is Taobao, and I want to share the market with it."
Su Wei was not surprised, she had already heard it: "Dangdang doesn't cooperate, what should we do now? Medicine?"
She knew what kind of person Fang was always, and she would never give up lightly, so she naturally thought of the mediocre medical department, which is somewhat similar to Dangdang, which is also an e-commerce in the vertical field.
Fang Zhuo nodded, he did not hesitate in front of the old bear, he nodded to Teacher Xiao Su, and said accurately: "We need to use medicine, but we have to consider how to use it. It is indeed more difficult to transform from the direction of medicine."
"Perhaps, it needs to be an independent brand."
"Or maybe, borrowing a chicken to lay an egg with a medical degree."
"I need to hear Zhou Xin's opinion."
"We can't get involved in this round. We need to do some more solid work first. To burn money, we need to have a foundation and a strategy."
Fang Zhuo's mind flashed to the Amazon he visited last time, and he felt that a thorough assessment and full preparation were needed.
(End of this chapter)
Fang Zhuo waited for his 0.5 favorite TSMC marketing vice president Hu Zhengda in Shanghai. He was not at all unhappy that Professor Hu's younger brother regarded him as the last guarantee.
Many things are such two-way choices.
It's like Dangdang's investment, people don't want to take their own money, so bye bye, there is nothing to say.
As far as Hu Zhengda's choice of entrepreneurial projects is concerned, it's not that Fang Zhuo insists on exerting influence from behind the scenes. It's that his IC design company is really not favored by venture capital.
If a good project is rated +5 by venture capital, no matter how you say hello, there will definitely be money willing to invest in excellent targets.
But Hu Zhengda's project may only get a negative score of -3, and it will really become difficult.
Fortunately, no matter how difficult this matter is, it is harder than Bing Xin. Fang Zhuo has always given extra points to those who are capable, and he is happy to discuss the future development space of his company with Mr. Hu.
And just when the chairman of Bingxin and the vice president of marketing of TSMC entered the honeymoon period in Shanghai, the investment of Dangdang and Yike was revealed.
Behind Dangdang stands Fang Zhuo, the president of Yike.
This is something that was not concealed when domestic e-commerce was in full swing. Yike Investment took the shares of Dangdang. Moreover, Mr. Fang also showed his interest in e-commerce at the Lin'an Internet Industry Development Conference.
Therefore, when Dangdang, Joyo (Amazon), Eachnet (eBay), and Taobao compete with each other, everyone regards Dangdang, which is relatively weak in financial resources, as a competitor at the same level.
However, the news suddenly came out that Yike Investment brought IDG, and Capital Today did not negotiate the next round of financing with Dangdang... That made the situation a little tricky.
It also made many people breathe a sigh of relief.
This is the case with Ma Dian, the head of Ali.
He was somewhat puzzled by Dangdang.com's choice, and suspected that Fang Zhuo might be charging too much, but the process was not important, and the result was gratifying.
Ma Dian specifically looked through the news reports and found that they were quite reliable.
——"Fang always returned home from the United States, and brought together IDG and Capital Today to participate in Dangdang's early financing round. However, it may be because of the disagreement over the company's development strategy that the negotiation failed in the end."
——"Dangdang.com has begun to reduce subsidized categories. They may slow down their impact on the entire category market and devote more energy to the consolidation and expansion of their main business."
——"According to insiders, Li Guoqing explained the reasons for refusing to invest in Dangdang's internal meeting, and believed that Yike was not a partner with the same goal."
Ma Dian couldn't help laughing out loud when he saw the revelation of "unified goal".
To be honest, he was really worried about the fate of the Yike Department... not to say that he was afraid, but it was a feeling that he couldn't say it well.
Unexpectedly, the alliance between Dangdang.com and Yike would be self-defeating.
Ma Dian thought for a long time, and directly called the person in the report.
"Hey, Mr. Fang, I heard that you have returned to China and come to An'an when you have time. I invite you to dinner."
Fang Zhuo in Shencheng was quite surprised to receive a call from Ma Den, and he agreed immediately: "Okay, I will call you when I arrive in Lin'an."
Ma Dian said a few polite words, half-truth and half-fake to get to the point: "I heard that Mr. Fang never negotiated an investment with Dangdang. I think Dangdang's actions have changed from aggressive to steady. Is it true? Dangdang is not Take Fang’s total investment, why don’t you come to our Ali to have a look.”
Fang Zhuo smiled and said, "Mr. Ma, really? Didn't your Ali just raise 1 million US dollars? If I go, I will have to get a seat on the board of directors."
Ma Dian laughed and didn't answer directly. He just complained that the money spent in the financing was very fast, and he also talked about the competition between Taobao and eBay EachNet.
As he said this, he thought in his heart, the money of this surname Fang is not easy to get.
Fang Zhuo chatted with him for a while, and soon realized the purpose of the phone call. He had nothing to say, and said that he really didn't have a good talk with Dangdang, and he would not participate in the financing behind Dangdang.
The two exchanged their views on domestic e-commerce again, and ended the call after a while.
Hang Lung 23, Fang Zhuo sat in the CEO's office, put down his phone, and shook his head slightly.
"Mr. Fang, what's the matter?" Su Wei, vice president of Yike, was in the office and heard Mr. Fang's unilateral call.
"Ali is still a little worried that Dangdang.com is determined to expand the entire category." Fang Zhuo's smile is quite meaningful, "Ma Dian is a lot wary of the 'big launch' with Yi Ke involved."
"Now? After confirming the news, don't worry." Su Wei said.
"Now that Dangdang has taken the initiative to reduce the scale of competition, the other three companies must be happy." Fang Zhuo shrugged, "I started doing it earlier, which made those foreigners see it and thought I couldn't afford it."
"How could they think like this, they would only feel that the richest man in the mainland would not end up, and the pressure on their hearts would be much less." Su Wei said seriously.
After a while, she asked: "Then Dangdang does not raise funds, what will happen to this competition? Will it take money from others?"
"If you don't take money, you don't dare to burn it. Dangdang is still Dangdang." Fang Zhuo said lightly, "eBay will definitely not be able to compete with Taobao, and Amazon's books should still not be able to beat Dangdang. The money we gave in the last round is enough for Dangdang to consolidate prudently. Their book e-commerce."
Su Wei's heart moved: "That is to say, Dangdang without financing will not be able to compete with Taobao in the end, but foreign giants will fail?"
Fang Zhuo smiled: "It's almost the same. Foreign giants come to China and are not acclimatized. This is not an isolated phenomenon, but a general phenomenon. Those who win in the end will eat the market."
He gave an example: "Don't talk about Amazon and eBay, let's talk about Yahoo, which has a Chinese founder Yang Zhiyuan. He didn't do well when he wanted to develop the Chinese market."
"Last year, Yahoo released dozens of people in the country. They thought they could build up the market by relying on the 'Yahoo' brand. In the end, they had to acquire other companies and let Zhou Hongyi become the president of the China region."
"However, whether Yahoo can take Zhou Hongyi's opinion seriously, and whether Yahoo is willing to let the president of Huaxia participate in strategic decision-making is also a question."
"Once all foreign giants fail to localize well, they are doomed to the end."
"Amazon and eBay will be no exception."
Fang Zhuo glanced at Mr. Su, and said, "From the beginning to the end, my goal of using Dangdang to get involved in e-commerce is Taobao, and I want to share the market with it."
Su Wei was not surprised, she had already heard it: "Dangdang doesn't cooperate, what should we do now? Medicine?"
She knew what kind of person Fang was always, and she would never give up lightly, so she naturally thought of the mediocre medical department, which is somewhat similar to Dangdang, which is also an e-commerce in the vertical field.
Fang Zhuo nodded, he did not hesitate in front of the old bear, he nodded to Teacher Xiao Su, and said accurately: "We need to use medicine, but we have to consider how to use it. It is indeed more difficult to transform from the direction of medicine."
"Perhaps, it needs to be an independent brand."
"Or maybe, borrowing a chicken to lay an egg with a medical degree."
"I need to hear Zhou Xin's opinion."
"We can't get involved in this round. We need to do some more solid work first. To burn money, we need to have a foundation and a strategy."
Fang Zhuo's mind flashed to the Amazon he visited last time, and he felt that a thorough assessment and full preparation were needed.
(End of this chapter)
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