Rebirth of the internet boss

Chapter 391 Bat Network Management 4.0
Now that Renren.com has a bridgehead in Japan, Li Feng cannot give up on the Korean market, which is comparable to the Japanese market. What's more, the traditional Chinese version of Renren.com has already landed in Xiangjiang and Baodao two months ago.

The reason why Li Feng chose to let Renren take the lead and not let YY go overseas is because there are already MSN overseas, and ICQ, the originator of instant messaging, Renren, which belongs to the social network, is the most suitable.

As for the partner in the Korean market, Li Feng has already selected in advance, that is, NHN, the largest Internet service company in South Korea, the number one search giant in South Korea, and the game group with the highest stock price in South Korea. Its status in South Korea is equivalent to "Baidu + Half Tengxun" in China in the previous life,
Moreover, Li Feng has already prepared 1 million US dollars in advance, but many things are not up to Li Feng. Li Feng wants to become a shareholder of NHN, but NHN does not lack Li Feng's money, and even looks down on Li Feng. For a little money, although the current NHN is not as strong as Fengrui's overall strength, it is still a giant in South Korea.

Moreover, NHN also had conflicts with Fengrui, that is, Lianzhong, which was accidentally lost in the "fight" between Fengrui and Tengxun some time ago, and Lianzhong was acquired by NHN Group at a high price of 1 million US dollars. Originally, NHN wanted to use this For Rocker to officially enter the Chinese online game market,
In the end, I didn’t expect that "the boss fought with the third child and wiped out the third child". It has not been a year since NHN’s acquisition. The 1 million US dollars of ocean is a waste of money, how can NHN not be annoyed,
So facing Fengrui's kindness, NHN refused without even thinking about it, and Li Feng was not angry at all, and did not continue to press. Anyway, the mainland and South Korea are so close, so Li Feng simply arranged for the South Korean branch. Good or bad, just leave it to fate!

Although this time, Li Feng had money but did not spend it, but when he "had money but did not spend it", it was still a minority. Li Feng continued to start his crazy "buy, buy, buy" plan:
First of all, Li Feng, Shen Nanpeng, and Sequoia Capital jointly established a China investment fund in September 2005. Although Li Feng repeatedly deceived Shen Nanpeng to invest independently, from Shen Nanpeng's point of view, it is best to "have both ways" ,

In the end, the three parties jointly funded and established such a foundation "Sequoia Capital China Fund". Originally, this foundation was called "Sequoia Capital-Fengrui China Fund".

However, Li Feng was afraid of causing misunderstanding, because Fengrui has an investment fund, so Li Feng directly removed the word "Fengrui". China Fund",
Among them, Fengrui provided a "RMB fund" of 1 million yuan, Sequoia Capital provided a "US dollar fund" of 5000 million US dollars, and Shen Nanpeng only contributed a small amount of money, mainly responsible for the management and investment of the fund. Of course, the person in charge of this fund It must be Shen Nanpeng,

Because it is an investment fund, there is no shareholding relationship, and it can be divided directly according to the funds in the industry. In other words, Shen Nanpeng is actually an agent hired by Fengrui and Sequoia Capital, and whether he earns more or less depends on Shen Nanpeng's ability up,
On the contrary, Li Feng is still very optimistic about Shen Nanpeng. This is the No.1 venture capital investment in China in the future, and was even the number one investor in the world at one time. Li Feng can say that he supports him [-]%. The scope of fund investment is not limited, and the investment period is unlimited. Unlimited…

However, Li Feng also has some small requirements for his "RMB fund", that is, he hopes that Shen Nanpeng's current investment scope will focus on the information industry in the early stage, and it is best to focus on the angel round and A round in the early stage.
If you really need a good project with huge investment, you can ask Fengrui to come forward. After all, Fengrui also has a "Fengrui Industrial Investment Fund", and the two can work together.
And all of this is exactly in line with Shen Nanpeng's plan. He started his business on the Internet and is the co-founder of Ctrip "Four Gentlemen". This is also the first time he is in charge of such a large fund, and he still focuses on stability.

Then, on October 2005, 10, the National Day, Fengrui bought 1% of the shares of Hikvision with RMB 1000 million. This is a technology provider mainly focusing on video surveillance products. Selected as "A&S" "Global Security Top 40",
The reason why Li Feng took a stake in Hikvision, in addition to valuing its future development prospects, is to launch the 4.0 version of "Bat Network Management", a network management software that can monitor online video at any time.

Although Li Feng promised to give "Bat Network Management" to Wang Xing, he never forgot it from the beginning to the end. ", Li Feng launched my123, "Miracle MU", Alipay, Renren so easily...

Even in the decisive battle between Fengrui and Tencent, Li Feng used this trump card again, using the absolute monopoly of "Bat Network Management" in Internet cafes to directly block Tencent QQ, so YY defeated QQ, and Fengrui acquired If there is no "Bat Network Management", maybe the battle between Fengrui and Tencent will have to fight for another year or two, so let's not talk about it.
Two months after successfully becoming a shareholder of Hikvision, Fengrui and Hikvision officially launched the 2 version of Bat Network Management (4.0 fee, 1.0 membership, 2.0 game center, music center, movie center), this time it is still free Yes, but it is conditional, based on 3.0 computers, install a video monitor,

Li Feng's move once again won the warm welcome of the Internet cafe owners. Even at the end of 2005, it was still at the peak of the "Internet cafe era", but these were enough, and many things could be done.

After entering 2006, Li Feng really began to set his sights overseas. In January, he first invested 1 million US dollars and 200 million US dollars in shares of "Iron Man" Elon Musk's Space Exploration Technology Company (SpaceX) and Tesla Pull each 300% and 2% of the shares. This is the shareholding agreement signed by the two after watching the game.

However, Elon Musk has been a veteran of entrepreneurship for many years. He is not a newcomer like Zuckerberg, whose 40% shares were cut off by Li Feng as soon as he came up. Now when we are short of money, we only give Li Feng these shares. These are quite a lot. Others are 1% of the financing.
Li Feng has no different opinions. Besides, the SpaceX and Tesla he invested in are mainly to expand his influence in Silicon Valley, and the real crisis that belongs to Elon Musk has not yet come. The 08 financial crisis is his life. The lowest estimate, at that time, I could all be the "savior" to save Elon Musk's SpaceX and Tesla.

Immediately afterwards, through the introduction of Peter Thiel, Li Feng bought a 06% stake in a professional social networking site "LinkedIn" founded by the same "PayPal gangster" Reid Hoffman for 2 million US dollars in February 1000. At that time, "LinkedIn" had been established for more than two years, and had gone through the most difficult angel round and A round.
However, Li Feng was very self-sufficient when he got 1000% of the shares of "LinkedIn" with 10 million US dollars. You must know that after "LinkedIn" went public, it also started with [-] billion US dollars, and in addition to further expanding its influence in Silicon Valley, More importantly, I don't need to look for headhunters to recruit people in North America in the future, just look at "LinkedIn".

On March 3th, Women's Day, Li Feng invested another 8 million US dollars in Twitter (Twitter) 200% of the shares, and finally let Li Feng catch a big fish for a day, this newly established website is still It fell into Li Feng's hands, haha!

Although the market value of this "140-character" website is not high, which is only about tens of billions of dollars, Twitter (Twitter) has the greatest influence. It has natural media attributes. Even our Emperor Chuan likes to use Twitter to govern the country , Think of the influence of Twitter.

Of course, when Fengrui was developing and making big acquisitions, other companies were not idle either...

(End of this chapter)