My rebirth is different

Chapter 491 Competitors

Fudan students, the one who compared Yu Wenfei was Chen Tianqiao.

"Our senior Chen Tianqiao, you know how it compares to Yu Wenfei? He was admitted to Fudan University at the age of 17, and Yu Wenfei seemed to be 19 years old. He graduated from university. He founded the Shanda Group I don’t need to introduce too much. Every day is making money every day, and the cash flow is unmatched by any Internet company in the country. It is said that Shanda will go public this year. After Shanda goes public, its market value will definitely be higher than Facebook. Too much! So Yu Wenfei can just think about the richest man, it’s impossible.”

Of course the students from Jiaotong University are not convinced, Chen Tianqiao is very good, but there is no one to compare with.

"Yu Wenfei, famous for his youth trilogy in high school, has occupied the top spot in the national book sales list for three consecutive years! In 2002, he was the top scorer in the national college entrance examination, and his score exceeded the full mark. This is the first and possibly the only time in history. After entering , I founded Facebook in my freshman year, and half a year later, the market value was 40 billion US dollars! Do I need to say more? Who is better between him and Chen Tianqiao, as long as you are not stupid, you can understand."

In the entire forum, all the posts today are about these, and everyone's enthusiasm has been aroused, each fighting for the reputation of the school.

It seems that as long as they can defeat each other in the forum, then the school will be able to overwhelm the opponent...

But the real parties, no matter Chen Tianqiao or Yu Wenfei, didn't know these things at all.

They are all busy with their own affairs...

…………

Facebook raised [-] million US dollars, which is not a good thing for competitors in the circle.

Because this means that Facebook will have more "ammunition" and will further expand its lead, making it more difficult for competitors to catch up with Facebook in the future.

"How is the progress of our blog project team?" Mr. Ding of NetEase is asking his right-hand man.

"Basically completed, ready to go online at any time. Now the project team is in the process of final improvement, because they found that Facebook has quietly launched several new features, and we have to add them as soon as possible. In addition, everyone is discussing what method to adopt Carry out publicity and promotion." The assistant replied.

Mr. Ding frowned, his face full of bitterness, "Tell Mr. Hu that the project is suspended, and all technicians in the project team will be transferred back to the game department!"

"Ah? Mr. Ding, you mean..." The assistant was stunned.

"Yes, stop the blog project, we... will not do it!" Mr. Ding said firmly.

He is a smart man, although he rushed in with his arms in his arms to see if he could cut a piece of cake.

But the development of the situation has exceeded his expectations. Facebook's advantages are getting bigger and bigger, and it has received a huge amount of venture capital. The opponent is wiped out.

My own NetEase company is a listed company with many shareholders. Although I have complete control over the company, I still have to consider being responsible for the shareholders and the stock price.

Facebook can try its best to compete for the leading position of blogging websites, but it can't, because NetEase's main business is not blogging, but portals and games!
Looking at Shanda's crazy money making in the past two years, it is false to say that it is not envious. Why did Tencent and Netease start to increase their investment in games this year? It is obviously stimulated by Shanda.

Mr. Ding’s plan for NetEase is to walk on two legs in the future, portal websites and various Internet services will be used as traffic entrances, and games will be a powerful traffic monetization channel.

blog site...

Forget it.

NetEase officially withdrew, and without Yu Wenfei's knowledge, there was already one less competitor.

…………

"What! Facebook got $[-] million in venture capital? Is this figure correct? When did Facebook become so valuable?"

Sohu company, Mr. Zhang said with a face full of shock.

"It's true. I confirmed it through my friends in the circle. Softbank has indeed invested 40 million U.S. dollars. Facebook's valuation is now [-] billion U.S. dollars, which means that it surpasses us and Sina, and also surpasses all domestic companies The market value of Internet companies!"

The company's CFO replied.

Mr. Zhang got up, walked around the spacious office twice, then stopped to pick up the phone on the desk, "Notify Manager Wang of the blog project team, come to my office immediately!"

Not long after, Manager Wang, the person in charge of the Sohu Blog project team, knocked on the door and walked in hastily.

"Mr. Zhang, are you looking for me?"

"Sit down, Manager Wang, how is our blog project going, and when will it go online?" Mr. Zhang asked, staring at Manager Wang with piercing eyes.

"Um... about another week." Manager Wang replied.

Mr. Zhang frowned dissatisfiedly, "I remember that at the last weekly meeting, didn't you say that it was finished, why is it going to take another week now?"

"Facebook has launched several small functions, and we...we are also adding these functions." Manager Wang wiped the sweat from his forehead.

In Sohu, Mr. Zhang is still very dignified. In private, everyone says that you don't have to be strong at work, and you can have a bad work attitude, but you must know how to please Mr. Zhang.

"Speed ​​up! If there is not enough manpower, I will send some programmers over. Look at Facebook, it has achieved a valuation of 40 billion US dollars, which is worth more than our entire company! What does this mean? It means that the blog site has a lot to do! We must increase resource input, and this year's focus will be on our blog!" Mr. Zhang said loudly, waving his arms vigorously.

His choice is completely different from that of Netease Ding Zong. This is because he looks at the problem from a different angle, and the results are naturally different.

In the end who is right and who is wrong, this question is not clear now, I can only leave it to time to prove...

…………

Facebook's biggest competitor is not Sohu Blog, which has not yet launched, but Sina Blog, which has been in operation for some time.

After learning that Facebook had received [-] million dollars in venture capital, Mr. Lin sat alone in the office and remained silent for a long time.

He is not as pessimistic as Mr. Ding of Netease, nor as optimistic as Mr. Zhang of Sohu, because now he has no choice.

Sina blog has been spun off to set up a separate company, and it has also received a lot of funds from the backer. It must not be easily given up.

Although the distance from Facebook is getting bigger and bigger, Sina Blog also has merits, at least the number of registered users has exceeded 2000 million.

This number may not be worth mentioning in front of Facebook, but it depends on who it is compared with. 2000 million users are definitely not a small number in the domestic Internet industry.

What Mr. Lin is thinking now is whether he can take advantage of the opportunity when Facebook makes the concept of blogging website popular, and then take the opportunity to raise a large sum of money!
Although Sina Blog is not the number one in the industry, it is still number two...

Sina Blog started raising funds again, and it is definitely not as good as Facebook, and it is impossible to get [-] million US dollars in venture capital. However, the industry leader can get [-] million, and the second can get [-] million, can't it?

If you really can't even get 5000 million, then [-] million will be fine.

You know, many VCs are interested in the blogging industry, but they have no chance to invest in Facebook.

Then Sina Blog became their best choice.

In the investment banking circle, this is called "gambling on the track"!
If the blogging industry is regarded as a track, then Facebook is far ahead on the track, Sina Blog is second, and the rest of the competitors are far behind.

This track is not a [-]-meter sprint, but a marathon. Ranking first now does not mean that it will remain first.

Therefore, some VCs will choose to invest in the second No.3, hoping that these temporarily lagging companies can bring about miracles and overtake the No. [-] player before reaching the finish line.

"Mr. Li, come to my office, let's discuss the refinancing of Sina Blog."

Mr. Lin took out his phone and called the company's CFO.

…………

Competitors have their own choices, but Yu Wenfei is busy with other things at this time.

"Mr. Fei, do you have time in the afternoon? The chess and card game project team has already brought out the product. We are going to hold a meeting in the No. [-] conference room at three o'clock in the afternoon. Let's discuss this product. If there is no problem, my side It will be arranged as soon as possible.”

It was Cai Congxin's voice on the phone.

This made Yu Wenfei a little surprised. He didn't expect Lu Qi's team to be so efficient. How long did it take to get the finished product out?

"Okay, I'll be there." He said casually.

In the afternoon, in the company's large conference room, Lu Qi stood in front of the projection and was demonstrating the chess and card game platform to everyone.

"We refer to the two platforms of Lianzhong and Bianfeng, and optimize the UI. In terms of game types, we choose chess, go, and military chess, which have the widest audience. Of course, there are also mahjong and poker. As for the fees System, this has not been considered yet, maybe it would be better to adopt a membership system, just like Lianzhong.”

Yu Wenfei tilted his head, watching the display on the projection seriously.

The big frame is okay. This unnamed chess and card game platform continues the style of Facebook. The interface looks simple and elegant, the colors are refreshing, the function buttons are eye-catching and easy to use, and the user experience is good.

However, if it is done according to this, it is just an upgraded version of Lianzhong, and it cannot be called a subversion of the chess and card game platform industry.

What Yu Wenfei wants is not the effect. What he wants is that in the future, as long as Facebook enters the industry, it will subvert the original model of the industry!
Let the original practitioners in the industry, after seeing the products of Facebook or Star Technology, suddenly realize that the original products can still do this!

I have been in this industry for so many years for nothing...

"Mr. Fei, how do you feel?" Cai Congxin asked.

Cai Congxin is a master when it comes to financial investment and company management, but he is a little weaker when it comes to products.

(End of this chapter)