Reinventing the Millennium.

Chapter 734 It's Hard to Be a Good Man (Two in One)

Mr. Fang posted on Zhihu, using Xiaonei as an example to talk about the development of social networks.

He stated that he is very optimistic about the rapid development of social networks in the next few years, and he also talked about the development logic of portals, search, blogs, Qzone, Xiaonei, etc., from passive to active information acquisition.

There is a new development of the boss, and there are many onlookers.

Many people were pleasantly surprised to find that their comments had been flopped back, and among them was Wang Xing, the founder of Xiaonei.com who heard the news.

Originally out of curiosity, Wang Xing also tried to register a Zhihu account because of a widely reported scolding battle, but it was hard to find a code, so he could only browse silently as a tourist.

Unexpectedly, a business tycoon personally commented on the website he created, which immediately excited him.

It was so easy to get a registration code. Two days later, Wang Xing nervously expressed his thanks in the comment area, thinking that Mr. Fang would not reply in the second time.

Unexpectedly, Mr. Fang not only replied, but also replied quite beyond his expectation.

——"The website is good, if you need investment, you can come to Yike to chat."

As soon as this reply came out, the popularity of the comment area soared again.

Dare to love, Zhihu can not only shorten the distance with the boss, but also win the favor of the boss with real money?

Can such a good thing happen to me?
The dream index in the comment area is growing rapidly.

Wang Xing, who was regarded as the lucky one, boarded the flight to Shanghai after some hesitation.

Xiaonei.com was established in December last year, and it only took less than four months to develop. However, it has already spread out from the universities in the capital, and has harvested a large number of campus users. The development speed is quite fast.

Wang Xing's family background is very good, but the money borrowed from his father alone cannot support the development of the project.

Before flying to Shencheng, he had actively and passively contacted several investors. Among them was Chen Yizhou from the Qianoak Group, which had a competitive relationship. The purchase price offered was 1000 million Huaxia coins.

At the beginning of the business, I invested hundreds of thousands, and within half a year, I was able to exchange for a return of tens of millions.

This is undoubtedly a great affirmation, and it also keeps the entrepreneurial team headed by Wang Xing very optimistic about the future.

Therefore, Wang Xing rejected Chen Yizhou's offer.

Then came the recognition from the top domestic tycoons on Zhihu.

The recognition this time is even more encouraging to Xiaonei's entrepreneurial team than the tens of millions of acquisitions—even Mr. Fang is so optimistic about the development of social networks. It seems that becoming China's Facebook is not just a dream.

On April 4st, at ten o'clock in the morning, Wang Xing arrived at the 1rd floor of Shanghai Henglong Building.

Because there was no phone call, no middleman, and no appointment in advance, Wang Xing could only show the Zhihu comment section on his notebook, and then watched the front desk make internal calls, followed by half an hour waiting time in the reception room.

Wang Xing was a little nervous, but quickly focused on the introduction of Yike Company on the table.

Compared with the single impression of Yike products in China, the frequent appearance of products in the company's introduction and the group photos of world-renowned singers awakened the memory of Wang Xing when he was studying abroad. It seems that the panda logo of Yike was not uncommon at that time.

However, Wang Xing is not interested in this kind of music products, so he has never started and learned about them.

The real understanding of Yi Ke is the all-powerful Mr. Fang.

Wang Xing has never met Mr. Fang, but he has heard a lot about him on various occasions. He even talked about the richest man in the mainland on the phone with his father last week.

His father was in the cement business. Although he was considered wealthy in Fujian Province and had a large-scale cement factory, he talked with great interest about the rumor that Mr. Fang would come to Xiangjiang after the next year. This really made Wang Xing a little dumbfounded.

When the door of the reception room was knocked and the secretary came to remind Mr. Fang that the meeting was over, Wang Xing stood up and walked towards the president's office. He suddenly had an idea in his mind. Xiangjiang forced people to donate to Mr. Fang.

Wang Xing went to the office first, got the tea that the secretary poured for him, and then waited for about 10 minutes before seeing Mr. Fang who hurried in.

However, Mr. Fang is not alone, there is a middle-aged man in a suit and leather shoes behind him.

"President Wang Xing Wang, right, he is really a talent."

Wang Xing stood up and shook hands with Mr. Fang, and when he heard the other party's compliment, he said "Where is that?", and couldn't help but reply "You are also a good-looking talent".

It has to be said that in this first episode, the legendary "violent name", "ruthless behavior" and "wrongness" can not be seen at all, only that he is indeed as extraordinary as the photos on TV and newspapers.

"Mr. Wang, this is Mr. Zhang Xuebin from Changhong." After shaking hands, Fang Zhuo politely introduced Mr. Zhang to Wang Xing. "Mr. Zhang, this is Mr. Wang Xing from Xiaonei."

Because Wang Xing was going to visit Mr. Fang, he made up some stories about this big boss in advance. Knowing that Changhong had something to say, the label of "acting ruthlessly" lit up in his heart, and he was busy shaking hands with Zhang Xuebin, the new head of Changhong.

Zhang Xuebin shook hands politely, and didn't say much after laughing.

Wang Xing listened to the two chat briefly about the cooperation between Changhong and Tesco, and then saw Mr. Zhang leave the office.

"Mr. Wang came in a bit of a hurry, and there are many things in the company today, so I can only spare 10 minutes, sorry." Fang Zhuo sent off Zhang Xuebin, who came to visit, and said to Wang Xing with a smile after sitting down.

"It's because I saw Mr. Fang's approval of our website. I was so happy and came too fast." Wang Xing said this first, and then said a little cautiously, "Next time I have a chance, I must call Yike to make an appointment."

Fang Zhuo smiled and exchanged numbers with the founder of Xiaonei.

Then, he talked straight to the point about the project in the other party's hands: "Xiaonei.com has developed very well. In less than half a year, the number of users must be hundreds of thousands, right?"

Wang Xing held back his complacency, nodded, and said seriously: "Close to 80 users."

Fang Zhuo was not shocked by the number of users, but just smiled: "The prospect of social networking is huge, this is a good start, but your page is a bit like Facebook."

In fact, this is very euphemistic, more than just like.

Xiaonei can be said to be the Chinese version of Facebook, not to mention the mode, the pages and colors are the same, and even the logo is very similar.

Wang Xing replied with some embarrassment: "We are designing a new page, and it will be launched soon."

Because of embarrassment, he took a sip of tea, caught a glimpse of Mr. Fang's thoughtfulness from the corner of his eye, and suddenly woke up unconsciously. Is this guy going to start putting pressure on Xiaonei.com?

"Internet development in foreign countries is faster. This is actually nothing. The important thing is to be more in line with our local habits." Fang Zhuo suddenly remembered his previous contact with Facebook, and said directly, "My fund has actually contacted Facebook, but it is very important. Kerberg chose a more well-known institution, so I didn't pay attention to it, and I found it quite interesting to see it in China this time."

"Very interesting".

Wang Xing remained silent, feeling more and more that Fang was always putting pressure.

Fang Zhuo didn't think too much when he saw Wang Xing's silence. He knew that Xiaonei.com was sold later, probably because of funding problems. A different campus network.

He said more directly: "I am quite optimistic about Xiaonei. Has Mr. Wang contacted investors before? How much money is needed for the current development?"

Wang Xing turned his thoughts, and replied: "We have already contacted Sequoia and Thousand Oaks. Thousand Oaks wanted to buy them directly, but we rejected them. Sequoia wants to invest, and the negotiation is OK."

He didn't answer whether he was short of money or not.

Fang Zhuo asked with great interest: "Thousand Oaks is also building a similar website now, how much valuation did they give?"

Wang Xing hesitated for a second, and replied, "1000 million."

Fang Zhuo nodded slightly. With the current development and prospects of Xiaonei, it is indeed worth this amount or even more.

He waited for a while, and seeing that Wang Xing did not speak, he asked directly: "I think Xiaonei is good, how much do you think 20% of the shares are worth?"

Wang Xing did not expect to talk about the price so soon.

He calmed down and reported a number: "400 million."

Fang Zhuo frowned slightly. This is a doubled valuation of 2000 million, which should be quite high according to the current market conditions. Judging from the current number of users of Xiaonei, there is almost a room for 1200-1500 million.

However, it’s not impossible to talk about it. From knowing about the cause, to investing in the fruit, this is a good anecdote for a new website.

What's so good about the Internet being famous for its quarrels? It's better to come up with something positive.

Fang Zhuo picked up the phone and was going to ask the people from Yike's investment department to come over and talk about it in detail, and he could accept it by lowering the price a little according to the market conditions.

However, Wang Xing added: "This is 10% of the price."

Fang Zhuo was startled, retracted his hand holding the phone, and asked with a smile, "Mr. Wang, do you mean 400 million 10%?"

Wang Xing nodded.

Fang Zhuo asked again: "Is this price a bit high? If I remember correctly, the Thousand Oaks Group you just mentioned is a purchase price of 1000 million."

Wang Xing said lightly: "So, Thousand Oaks Group was rejected by us."

In turn, he persuaded with great confidence: "We are confident in the development of Xiaonei. If we have the opportunity to meet next time, the price will become even higher."

Fang Zhuo is not disgusted with sky-high asking prices, it is very common in business negotiations, and it is not surprising that Wang Xing has confidence in it. Any entrepreneur who sees the rapid growth of the number of users of his website will have a kind of confidence inflated.

However, he felt that the extortionate price on this occasion is not a particularly good strategy. Investors are not only a matter of money, but also a matter of resources.

Is the richest man in the mainland only rich?

Is 20% of the shares much?

I have never met before, and posting praises, considering my own influence, can it be considered a little bit of help?

Fang Zhuo was not angry in his heart, he pondered for a while, and asked: "Mr. Wang, 300 million 20%, I think this price is more appropriate."

Wang Xing raised his eyes and looked at Mr. Fang. The price was not bad, but couldn't he get more?Sequoia Capital hasn't responded yet, and the price they negotiated before is also close to this price.

Thinking about the reputation of the person in front of him, he asked, "Boss Fang, excuse me, I want to know, if you come to invest, will you interfere with our decision-making?"

Fang Zhuo smiled and said: "I also started my own business. Of course, I will respect the judgment and decision-making of the entrepreneur. You can rest assured about this. However, if there is a very obvious misjudgment, I think my little reminder is conducive to the development of the project. Of course I will say it, and I respect you whether you accept it or not."

Mr. Fang's deeds flashed in Wang Xing's mind, and he basically ignored the first half of the sentence, looking for the key point by himself.

--"remind".

He knew that Dangdang once accepted Mr. Fang's investment, and then Mr. Fang made an e-buy. Now, Dangdang's situation is not so good.

Wang Xing was silent for a while, and boldly asked again: "Mr. Fang, if we don't accept your investment, will you build a website similar to ours?"

Fang Zhuo laughed loudly, and replied affirmatively: "No, Mr. Wang, you are worrying too much."

Wang Xing thought about it, and he still prefers to chat with Sequoia Capital. Today, seeing Mr. Fang has strengthened his belief.

He said: "Mr. Fang, I still think the price is a bit low. I also need to discuss it with the team before deciding."

Fang Zhuo saw what this person meant, and nodded: "That's natural. We need everyone to work together to make the website a good one. It is very prudent to introduce investors."

He paused, and then said: "Many times, how far a good idea can go in the end may depend on what kind of investors it contacts. A good investor can help an immature team to solve various problems. an unexpected problem."

Fang Zhuo spoke from the bottom of his heart, and the Uranus in front of him was just "Young Xing". He was completely unaware that a team needs to pay a lot of money to mature.

However, from Wang Xing's ears, he felt that this seemed to imply a faint warning-is it not prudent not to contact investors like Mr. Fang?Are other investors not good enough?Will your side always bring us unexpected problems?

He replied politely and succinctly: "Thank you Mr. Fang for your guidance. I have the confidence to do a good job in the project, and I am confident that I will live up to Mr. Fang, who is optimistic about our Xiaonei website."

Fang Zhuo smiled, and chatted with Xiaoxing about the operation of the website.

Wang Xing was mostly thinking about valuation and price, so the communication was relatively simple.

When Wang Xing left, Fang Zhuo sat in the office and looked back at the "be kind to others" on the wall, and couldn't help but shook his head, this is actually quite difficult to do?
He thought for a moment, then called Sequoia Capital.

The domestic investment circle is very familiar. Sequoia Capital invested in China from the United States. Shen Nanpeng's Sequoia Huaxia was founded by him and Sequoia last year.

Sequoia Capital did not hide anything from Mr. Fang’s inquiries. They did have some contact with Xiaonei, but now they have decided to invest in another similar website, “Zhanzuo. website.

"Mr. Fang, the price of opening the school network is relatively high, and we consider it unacceptable."

"Moreover, their teams are thin, their technical capabilities are mediocre, their products are imitated, and their operations, promotion and team management are even more lacking."

"Zhanzuo.com is different. We plan to invest 500 million dollars here."

"Mr. Fang, are you interested in making a pitch?"

Sequoia Capital talks so much just to bring Mr. Fang into it.

"Hahaha, I'm just curious. If Zhanzuo.com develops well in the future, I'll see if there is any investment opportunity." Fang Zhuo politely declined Sequoia Capital's invitation.

Sequoia Capital did not force it, and there is still a lot of room for everyone to cooperate.

……

Almost at the same time, the penguins in Pengcheng held a meeting to discuss the development of social networks.

Ma Huateng personally presided over the discussion, and the topic was whether the combination of his own traffic and social network can play a role of 1+1 greater than 2.

The final conclusion is that QQ traffic is huge and social networking has a bright future.

The combination of these two can win countless people in the world.

(End of this chapter)