Rebirth starts with small money

Chapter 492 Shall we make a bet?
Xu Xing in [-]~ was not the investment queen later on.

Now she doesn't even start a venture capital capital by herself, but acts as the person in charge of a certain capital company's Huaxia District.

When it comes to this future investment queen, even Chen Li has to say "convince".

From a bank teller to an investment queen, this person's experience can be regarded as a legend.

Since this person entered the investment circle, he directly handled the joint venture of a famous beverage company in China, and then strongly advocated investing in Ding Sanshi's Wangnan.

And the most famous investment case~ naturally belongs to the later Jingbei Mall.

At that time, Xu Xing had already left the capital where he was working, and turned to set up a venture capital company by himself, and then invested in Liu Dong's Jingbei Mall, which can be said to be a lot of money.

Although Xu Xing made a lot of money investing in Liu Dong, she deserved it.

It is said that Liu Dong only wanted to raise 200 million US dollars at the beginning, but after being educated by Xu Xing, this person directly gave Liu Dong 1000 million US dollars.

Facts have proved that the $200 million that Liu Dong thought at the beginning was pure nonsense, because the $1000 million that this guy got was quickly spent.

After all the money was spent, it happened to hit the global financial crisis again. At the last moment, it was this elder sister Xu who came forward to help Liu Dong pull in investment, and Jingbei Mall was completely stabilized.

It can even be said that without Xu Xing's support, there might not be Liu Dong's Jingbei Mall in the future.

In the previous life, some people regarded Xu Xing's investment in Jingbei Mall as a classic investment case~compared with Softbank's investment in Ali and MIH's investment in Fujixun.

In fact ~ Chen Li thinks that the gold content of Xu Xing's investment in Liu Dong is even higher than the latter two.

Because Xu Xing's help to Liu Dong is not comparable to that of the other two to Ari and Tengxun.

Of course~ Softbank may help Ahri more than Xu Xing invested in Liu Dong, but there are many people who want it!

At that time, Softbank helped Ari bring in Yahu's one billion US dollars. Ma Xiaoyun not only gave away a large number of shares, but later even almost lost control of the company.

So in Chen Li's view, Xu Xing, an investor, is actually quite qualified.

Of course~ this is talking about the later investment queen, not the current big sister Xu Xingxu.

As far as Chen Li knows, this guy is actually making a mistake right now, and this mistake is Ding Sanshi's Wangnan.

As one of the loyal players of Ding Sanshi's pig factory in his previous life, Chen Li didn't really like Ding Sanshi very much, but he knew Ding Sanshi better.

No way~ When Ding Sanshi became the richest man in China, Chen Li was one of the many players who "supported" Ding Sanshi.

At that time, the most popular online game "Legend" in China just happened to gradually fall from the altar due to private servers ~ plug-ins ~ and Shengda Network itself. At that time, Chen Li also happened to reach the first place in his life in a certain KTV in Yanjing. promotion.

Then Chen Li, under the guidance of a female colleague, plunged into a game called "Journey to the West" developed by Wangnan, which was not considered a pig factory at the time.

To be honest~ this game is very fun, and at that time this game did not require krypton gold, and Chen Li could still afford a little card money at that time.

And then... Ding Sanshi became the richest man in China. The players in that game at that time said that this guy could become the richest man. Everyone has contributed a lot.

Because at that time, Wangnan achieved a comeback by relying on this online game "A Chinese Journey to the West".

Before the success of this game, Wangnan, which had just been listed, fell into a financial crisis, and even the entire company was almost sold by Ding Sanshi.

It was precisely because Chen Li was a player in the pig factory at the time that he knew Ding Sanshi's family history quite well.

The biggest reason why there were so many problems in Wangnan at that time was actually related to this elder sister Xu Xingxu.

To be precise, after Ding Sanshi got the investment, this guy asked Xu Xing, the investor's representative, to help him find a manager on the grounds that he was not good at management.

As a result, Xu Xing really helped find someone, even a CEO.

Then ~ the original CEO Ding Lei resigned and became the chief technology executive.

But it was this personnel change that directly planted the seeds of disaster for the later Wangnan.

As the representative of the capital side, the new CEO had a conflict with Ding Sanshi's interest group. The two sides had a quarrel, which even made Ding Sanshi angry at the time and wanted to sell Wangnan Company at a low price.

It was also because of the contradictions caused by this incident and a series of changes later that the stock price of Wangnan, which had just been listed at that time, plummeted, even falling below the $1 mark at one point.

What happened later~ Chen Li didn't know the exact situation, he just knew the result.

Ding Sanshi came back to power, Wangnan returned to the era of Ding Sanshi, and then... Wangnan became more and more miserable.

Actually, to be honest~ For a long time in the previous life, Chen Li admired Ding Sanshi very much.

Especially at that time, as an ordinary player, Chen Li looked down on the copy-copying methods of many online game companies in China.

At that time, Wangnan was one of the few companies in China that insisted on developing online games by itself, so Chen Li once felt that Wangnan and Ding Sanshi were not bad.

Then Chen Li fell into the pit of the pig factory.

The goose factory spent money, so he could be a father anyway, but in the pig factory, only those who spent money could call Ding Sanshi his father.

This kind of operation is really annoying, and since then, Chen Li doesn't like Ding Sanshi and his pig factory very much.

Mainly hurt by pits!

But it is precisely because he has been a pig factory player for so long that Chen Li is familiar with Ding Sanshi's past.

So. Recently, when Xu Xing helped Ding Sanshi find a manager, Chen Li had no intention of reminding him at all.

At this moment, Xu Xing, who is far less mature than later, has no idea what kind of consequences a CEO representing the capital can bring to an enterprise.

Therefore, at this moment, Chen Li is waiting for Xu Xing to bring Wangnan a CEO who later caused Wangnan to have problems, and then...he is ready to take this opportunity to make a fortune.

What Chen Li never expected was that Chen Li was thinking about Wang Nan two years later, and it turned out that Wang Nan had already set his sights on him.

Wangnan in [-]~ is not the pig factory that came later.

At present, the two major industries of Wangnan, one is its mailbox, and the other is the portal website of Wangnan.

In the current domestic Internet industry, the three recognized portals are Jiulang~Sohu and Wangnan.

And the portal website. What is the most important thing?
In today's terms, it's the number of visits!From Chen Li's understanding, it's actually traffic.

But at this moment, Chen Li is holding a flow-oriented super sharp weapon in his hand, that is,
hao123!

The hao123 of the previous life in 123 can only be regarded as average, but the current hao[-] is already recognized as the first choice for navigation in the industry.

In fact, there are not only Wangnan companies that are eyeing hao123, including Jiulang, Sohu, and many other Internet companies, all of which have their eyes on hao123.

But other companies are currently only thinking about how to cooperate with hao123, but this Wangnan actually wants to acquire hao123.

This is also the reason why Chen Li kept avoiding Xu Xing.

Because as an investor in Wangnan, Xu Xing has been thinking about bringing together hao123 in Chen Li's hands and Wangnan for a marriage.

In Xu Xing's view, the cooperation between Wangnan and hao123 can be regarded as a strong alliance~ learning from each other's strengths, the benefits brought by the combination of the two definitely far exceed the effect of 1+1=2.

Speaking of it~ Xu Xing is indeed very discerning, and Chen Li also believes that if hao123 cooperates with several major portal websites, the effect will definitely exceed the imagination of many people.

But the problem is that what the other party wants is not cooperation, but acquisition, which makes Chen Li very depressed.

Because hao123 in [-] did not reach its peak at all.

To put it bluntly~ Although the development of hao123 at this time is more smooth than in the previous life, it is really worth talking about the value. At this time, hao123 is not worth much at all.

It's not that hao123's development is not good enough, but that the domestic Internet development in [-] was not in place.

In the previous life, hao123 was sold in 2004, but now it is 1999.

The past five years spanned not only time, but also the development of the entire Internet environment.

This point is fully reflected in the price Xu Xing offered to Chen Li on behalf of Wangnan.

On behalf of Wangnan, Xu Xing's offer to Chen Li for hao123 was only 1000 million.

Reasonable~ From the perspective of Chen Li's investment in hao123, this quotation is not too low.

After all, Chen Li has been working hard on this website, and it has not been more than a year since Chen Li operated the website, and the manpower and material resources invested during the period are not much.

In less than a year, he was able to make a profit of nearly [-] million yuan, which was somewhat remarkable in the Internet industry in [-].

We must know that although the Internet is booming these years, 90.00% of Internet companies can't meet the profit standard at all.

Even many so-called Internet companies are actually just using the name of the Internet.

So Wangnan can offer hao123 a "high price" of 1000 million, which seems to be very fair.

But~ others don't know, but Chen Li knows it very well.

Let alone 1000 million, even if it was 5000 million, Chen Li would never sell it.

Indeed ~ hao123 actually has an upper limit because of its model, but this upper limit is not unspoken.

The so-called upper limit actually refers to the profit model of hao123.

Before hao123 was sold in his previous life, his annual revenue was close to [-] million.

And this~ is basically a bottleneck upper limit of hao123.

After all, hao123 is a static navigation website, no matter how you play it, it is actually very difficult to play well.

But~ this is only because the value of "traffic" at that time was far less than it was later, so the upper limit of hao123 seemed somewhat low.

But when hao123 came into Chen Li's hands, he knew exactly what the huge flow of hao123 meant.

Yes~hao123 may not perform so well in terms of generating income.

But in fact, the real role of hao123 is not in generating revenue at all, but in traffic drainage.

When hao123 was at its peak in the previous life, nearly 30% of the traffic of major domestic portals came from hao123.

If~ anyone can thoroughly grasp the traffic password of hao123, dare not say to directly defeat other competitors, at least open a certain gap, then it is absolutely appropriate.

And this gap, for those large Internet companies, the previous gap is far from what the revenue created by hao123 itself can represent.

So Xu Xing offered Chen Li a high price of 1000 million, but Chen Li didn't pay any attention to the other party, and even deliberately avoided him.

It's just that in Xu Xing's view, Chen Li's behavior may be that he is not satisfied with the price, but it is more likely.
"Little Li~ We are fellow villagers~ Tell me the truth."

"Has another company approached you?"

Xu Xing is from Shancheng, and people from Shancheng at her age are still used to thinking of themselves as people from Sichuan Province.

And in the process of communicating with Chen Li, she always likes to play the fellowship card with Chen Li.

It's just that~ whether it's herself~ or Chen Li, they basically don't take this so-called fellow card.

But even so~ fellow villagers are still an important factor for the closer relationship between the two parties.

So don't care if it's useful or not~ There should be no harm in using it.

"Sister~ Let me tell you the truth!"

"Currently the only one who wants to acquire hao123 is your Wangnan family."

"The other old waves and Sohu are just cooperating with us."

"But~ I advise you to stop thinking about it, because I really don't intend to sell hao123."

Chen Li also didn't want to ink with Xu Xing, mainly because it wasn't necessary.

Moreover, Moji, a professional manager like Xu Xing, was purely making himself uncomfortable. After all, when it came to business negotiations~ Ten Chen Li probably wasn't Xu Xing's opponent.

"Little Li~ don't rush to refuse."

"Listen to what my sister told you first~ We are fellow villagers, and my sister will definitely not cheat you."

"About the acquisition of hao123~ I think it is actually a win-win opportunity for both you~ and Wangnan."

"I believe you should also be very clear that a website like hao123 cannot be replaced."

"Although hao123 is developing best among similar websites, the competitiveness of this type of websites is relatively small."

"If~I mean if~Once you hao123 have several strong competitors."

"Or~some large companies with strong capital came forward and wanted to build a similar website."

"No matter which point~ I believe it may be a very serious blow to you hao123."

"So Xiaoli~ listen to my sister's advice."

"Shooting at the right time~ is actually the wisest choice."

"Don't get me wrong~ Xiaoli, I'm not saying that you have to sell hao123 to Wangnan to be a wise choice."

"I'm just giving you a reminder."

"Sister actually doesn't know much about the internet, but I've asked some professionals, and they all think that with hao123's development model, it's actually easy to be outdone by competitors."

"Cough cough~!"

Here Xu Xing has been persuading Chen Li, but Chen Li has also heard that it seems that Miss Xu is really thinking about herself.

But this is normal, after all, Chen Li and Xu Xing got acquainted not because of hao123.

Leaving aside hao123, Chen Li's status as a Red Pony shareholder and technical advisor was the reason why Xu Xing valued him.

But Chen Li still couldn't hold back and interrupted Xu Xing's persuasion directly, because he really couldn't listen anymore.

Those professionals that Xu Xing talked about. What a fart!

"Sister~ I'll tell you the truth!"

"Actually, hao123 is not for sale to me."

"But~ I just want to say one thing."

"You guys~ The value of hao123 cannot even be described as underestimating!"

"Sister~ why don't we make a bet like this?"

"It just happened that Wangnan stopped the renewal with us before, so in the next month~ I will let hao123"

"Stop promoting Wangnan!"

"A month later~ let's talk again!"

(End of this chapter)