You call this entrepreneurship?

Chapter 215: Cut off the beard?

Evening, restaurant.

In order to entertain Wang Wei's team, Edward booked the entire restaurant and found a few eloquent people to accompany him.

After Wang Wei led his team members into the restaurant, the lobby manager stood in a row with the restaurant waiters and chefs to warmly welcome the guests.

This scene directly shocked Wang Wei and everyone in the team. They froze on the spot, a little at a loss for a while.

Edward came forward with an exaggerated smile, "Welcome, my friends, please come in quickly."

As he spoke, Edward put his arm around Wang Wei's shoulders and said boldly: "We are the only ones here tonight. Don't be polite. Eat and drink freely and enjoy yourself."

Edward waved his hand, and the lobby manager immediately began to greet him. The waiter pulled out the chair and invited the guests to sit down. The chef went to the kitchen and started cooking.

"What are you doing standing still? Sit down." Edward pressed Wang Wei on the chair. "Today we have Japanese food and steak. Just tell us what you want to eat and I'll let the chef prepare it."

The people under Wang Wei were all programmers. They had never seen such luxurious business entertainment, and they were filled with fear and excitement.

"Today we only talk about friendship, not business." Edward raised his glass, "Come on, let's eat and sing together."

Edward's assistant also raised his glass to heighten the atmosphere.

After two glasses of wine, the programmers, who were still a little reserved at first, finally let go, and all kinds of delicacies were served like water.

Steaks, barbecues, seafood, French cuisine, Italian cuisine, Japanese cuisine, and all kinds of foreign cuisine, the main focus is a hodgepodge.

Looking at the dazzling array of dishes, Wang Wei's eyes widened. He had never seen such a formation before.

"Mr. Damon..." Wang Wei held the wine glass, hesitant to speak.

"Call me Edward." Edward picked up the wine glass and clinked it with Wang Wei, "We are friends, so don't call us so formal."

"Edward, today's reception is too extravagant." Wang Wei drank the wine in one gulp, "I'd like to toast you with this glass of wine."

"It's too polite to say this between friends." Edward said with a smile, "After all, I am also the vice president of TNB Greater China, so the standard of entertaining friends cannot be lowered, especially you, Mr. Wang."

Wang Wei hesitated for a moment, "Edward, the conditions for TNB to open are indeed good, but I..."

"We have agreed before that we will not discuss business matters tonight, only friendship." Edward interrupted the other party directly, "We will discuss business matters tomorrow."

Edward has been in China for more than ten years. He is a real China expert and a shrewd person. He is never silent at the wine table.

From time to time, he told some interesting things he encountered in various places in China, which made everyone burst into laughter.

After three drinks and five dishes, the atmosphere in the restaurant became more and more lively.

Wang Wei also relaxed, his face flushed from drinking, and he excitedly talked to Edward about the prospects of the video website.

"The valuation of YouTube in the United States was US$100 million after its launch. Now the valuation has increased at least five times. If it continues to develop at this rate, it won't be long before YouTube's valuation reaches one billion US dollars."

"The market prospect of video websites is very hot. There are no imitators in China yet. Our website will be the first video website in China."

Edward nodded and agreed: "Mr. Wang has a good vision. You should have started planning and establishing it at the same time as YouTube. However, YouTube has strong support from Facebook, so they went online faster than you."

"However, when YouTube was developing, it was heavily promoted by Facebook, and at the same time, it carried out the marketing of the Ice Bucket Challenge, which opened up its popularity."

"What's more, the Internet in the United States is much larger than that in China, and Tudou still has a long way to go to develop."

Wang Wei blushed, "We also have great development potential. Even if we can't compete with YouTube, our valuation cannot be only 10 million."

Edward smiled slightly and said, "Okay, we won't talk about business matters today. You will be punished by drinking."

Wang Wei consciously made a mistake and happily drank three drinks as a penalty.

Next, Edward cleverly avoided topics about financing and valuation, and talked about irrelevant topics, occasionally talking about the situation on the Internet in the United States.

The meal lasted from six o'clock in the evening to about nine o'clock in the evening. Edward and his assistant enthusiastically sent Wang Wei's team out the door.

Watching Wang Wei and others get into the taxi through the glass, Edward turned to look at his assistant, "Did you find out everything?"

The assistant immediately replied: "Their video website is not expected to be online until May next year, and it is progressing smoothly now."

Another assistant continued: "An important partner of Wang Wei is named Kou Hongfei. He is the backbone of the team. He has tested our valuation issues several times."

"A few others are more interested in when the financing funds will be available. It seems that their team's funding is problematic."

"Also, this is their mobile phone number. I have written it down."

Edward showed a satisfied smile, "Very good, well done."

"When this acquisition is completed, I will ask the boss to pay you bonuses."

……

Wang Wei held on to the street lamp and kept vomiting.

I had drunk a lot just now, and the ride in the car was bumpy, and I almost vomited in the car.

His partner Kou Hongfei bought a bottle of water from the nearby store, unscrewed it and handed it to Wang Wei, "Here, drink some water and rinse your mouth."

Wang Wei drank a few sips of water, and with the cold wind blowing, he suddenly sobered up a lot.

Kou Hongfei asked with concern: "How is it?"

Wang Wei took a few deep breaths, and the cold air entered his lungs, making him shiver and shake his head, "Edward refused to let go. He changed the topic several times tonight when I brought it up."

"Are you just going to invite us to dinner tonight?" Kou Hongfei was a little surprised.

"Regardless of whether it's for a meal or not, it can be seen that this TNB company still attaches great importance to us." Wang Wei cheered up, "We have caught up with a good opportunity."

Kou Hongfei hesitated for a moment and persuaded: "The valuation of 10 million RMB is quite a lot, and the conditions given by TNB Company are not very harsh. They also agreed to invest in the next round."

Wang Wei waved his hand, "Ten million is indeed a lot, but it depends on when."

"YouTube had a valuation of US$100 million before its launch, and it will be worth over one billion US dollars in less than two years."

"Our video website is a Chinese video website that competes with YouTube. Its value and significance cannot be measured by 10 million RMB."

Wang Wei became more and more excited as he talked, "I originally planned to look for investment after the video website was launched, but now venture capital has come to the door."

"What does this mean? This shows that there is a lot of potential in this field!"

"YouTube is developing very rapidly in the United States, and video websites are also very promising in China. Now that YouTube is an excellent example, the valuation of our website must be cautious and cautious."

Kou Hongfei frowned, "It's right to be cautious, but we only have enough money to survive for two months. What if we run out of money?"

"It's not time to be short of money yet." Wang Wei said nonchalantly, "With a TNB, there will be a second venture capital, and soon the venture capital will be lining up waiting for us to pick."

"Tell the brothers, if you don't bear with me, as long as the financing is negotiated, I will immediately repay the wages owed to everyone and give you a bonus."

"I am discussing valuation with them now for everyone's benefit. The higher the valuation, the more money we will get." Wang Wei patted Kou Hongfei on the shoulder, "The initial stage of starting a business is the most difficult. Think about other Internet companies. As long as the company survives this period, once the company is listed, the brothers will never have to worry about money again in this life. "

Kou Hongfei nodded, and then warned: "You must hurry up and finalize a family before the Chinese New Year."

Wang Wei said confidently: "Don't worry, I know what's going on."

Before Wang Wei could say anything else, his cell phone rang in his pocket. When he took it out, he was overjoyed.

"Hey, this is Mr. Peng from Lenovo, yes, yes, yes, I'm Wang Wei."

"Whenever you are free, Mr. Peng is welcome to come to our place for inspection!"

After hanging up the phone, Wang Wei looked happy, "Look, isn't this second venture capital coming?"

The next morning, Peng Xiaolin, the vice president of Lenovo Investment, came with his assistant to learn more about Wang Wei's team, asked about the launch time of the video website, and finally expressed his investment intention.

Wang Wei was overjoyed. At this time, he became more confident and started bargaining with Peng Xiaolin.

The valuation of Tudou, which has not yet been launched, has soared, reaching two million US dollars, which is 16 million RMB.

Peng Xiaolin agreed to the valuation without much hesitation, but when the two parties were about to start discussing specific investment details, Wang Wei hesitated again. After seeing off the Lenovo Investment team, Kou Hongfei couldn't wait to ask Wang Wei.

"How about it? Can you agree to the conditions given by Lenovo?"

"Lenovo's conditions are okay." Wang Wei said very reservedly, "But this is not the final offer. I think our Tudou website should be able to get $2.5 million."

"Take it easy." Kou Hongfei said worriedly.

"Don't worry, even if Lenovo can't reach an agreement, there is still a third company." Wang Wei said with a smile, "I have made an appointment with the representatives of IDG and will talk to them tomorrow."

"Look at IDG's quotation. If we can't negotiate, it's not too late to contact Lenovo."

In the days that followed, Wang Wei seemed to have had his fortune turn. In the past, it was extremely difficult to find investment, and venture capitalists ignored him, but now they came to him one by one.

Wang Wei also became energetic and spent the whole day dealing with various venture capital institutions.

After negotiating with venture capital, Wang Wei finally completed the deal with Lenovo Investment.

Unicom Investment signed an investment letter of intent with Wang Wei at a valuation of US$20 million. The first round of financing was US$, with Lenovo Investment accounting for % of the shares.

Although the investment letter of intent is not equivalent to a real investment contract, and Wang Wei has to work hard to get the funds, it means that Tudou is finally on the right track.

After signing the investment letter of intent, Wang Wei was so proud that he decided to spend his own money to treat the team members to a meal to celebrate.

Wang Wei called Kou Hongfei to discuss where to celebrate in the evening.

Kou Hongfei suddenly said: "We have signed the investment letter of intent with Lenovo, what about TNB?"

"Oh, I forgot about this." Wang Wei said casually, "How about Hongfei call Edward and tell him about our situation."

"Me?!" Kou Hongfei was in a daze.

"It's not convenient for me to see him again at this time." Wang Wei smiled and patted Kou Hongfei on the shoulder. "After all, we are all friends. Maybe we can still cooperate in the future."

"Thank him for me. Thank him for the hospitality last time. I will treat him to dinner when I have the opportunity."

Kou Hongfei was silent. He was thin-skinned and didn't know what to say for a moment. Finally, he bravely called Edward.

When Edward heard the news, he immediately became furious, "That Mr. Wang of yours is too unreasonable. Any conditions can be discussed openly. Business is all about bargaining."

"In the end, he didn't even say hello. He directly negotiated with other venture capital investors and then notified me. Has he ever done this?"

Kou Hongfei didn't know what to say, he could only say sorry.

"You don't need to apologize." Edward sighed, "This matter is Wang Wei's fault and has nothing to do with you. We are not business partners but we are friends."

This sentence immediately silenced Kou Hongfei.

It's true that Wang Wei did something a little unreasonable, but Kou Hongfei felt that he didn't do it on purpose. He just met too many venture capitalists recently, and he was a little distracted, forgetting about Edward.

After Edward hung up the phone, he immediately called Qin Shaoyan and said directly: "Boss, I'm sorry, things went wrong. Someone blocked Tudou.com."

Qin Shaoyan's mood was very stable and he just said lightly, "Oh, do you know who cut off the beard?"

"It's Lenovo Investment. The news I heard is that they gave it a valuation of US$2.5 million." Edward then added, "It was revealed by members of their team. The information is absolutely reliable."

"This is not your fault." Qin Shaoyan smiled slightly, "Since Tudou.com is not lucky enough to join the Chusheng Technology family, let's change our thinking."

"You have the phone numbers of their team members, right? Find a way to invite them out and I'll have a chat with them."

……

When Kou Hongfei walked into the restaurant, he was still feeling a little nervous, and he was still thinking about how to apologize to Edward for a while.

After all, after getting in touch with him during this period, Edward is indeed a good person. He brings small gifts to everyone every time and is generous.

As a result, Wang Wei directly manipulated Edward, which made Kou Hongfei feel a little guilty.

So when Edward asked him to come out for an interview, he agreed without hesitation and was prepared to apologize in person.

When Kou Hongfei walked to Edward, he found someone sitting next to him.

Kou Hongfei was a little confused and looked at this person while saying hello.

Edward stood up and shook hands with Kou Hongfei, "I'm glad you can come. I'll introduce someone to you."

"I invited you here today because I want you to meet my boss, Mr. Qin Shaoyan."

The person sitting next to Edward stood up and extended his hand with a smile, "Hello, my name is Qin Shaoyan, and I am the boss of TNB Company."

Kou Hongfei looked at Qin Shaoyan hesitantly, "Hello, Mr. Qin, I'm sorry about the investment."

Qin Shaoyan got straight to the point and said: "It is indeed a pity that Tudou and TNB have not reached a cooperation, but it is not important."

"What matters is how we work together next."

Kou Hongfei was very surprised, "Should we cooperate? We have signed an investment letter of intent with Lenovo, which includes an exclusive agreement. We cannot cooperate in a short time."

Qin Shaoyan smiled and said, "The cooperation I am talking about does not refer to Wang Wei and Tudou.com, but to you."

Kou Hongfei was even more confused, "Mr. Qin, what do you mean?"

"Let me reintroduce myself." Qin Shaoyan took out a few business cards from his arms, "I am the CEO of Campus Network and the boss of TNB Company."

"TNB is not only a shareholder of Facebook, but also a shareholder of YouTube, the largest video website in the United States."

"Simply put, I founded Facebook and YouTube."

"Ah?!" Kou Hongfei was shocked.

The founders of Facebook and YouTube actually sat in front of him, which made Kou Hongfei a little unbelievable for a moment, thinking that the other party was joking with him.

Putting aside these two websites, Campus Network is also a household name on the Chinese Internet. It is the largest social networking site on the domestic Internet and a large company with a valuation of several billion.

"Hello, Mr. Qin." Kou Hongfei suddenly became nervous and a little frightened, "Nice to meet you. I, I am honored."

"No need to say polite words." Qin Shaoyan said with a smile, "You are also a video website, you should know how YouTube became popular."

"I know a little bit." Kou Hongfei nodded. They had always used YouTube to benchmark themselves, so naturally they had some understanding of YouTube's development.

"The popularity of YouTube is partly due to the fact that video websites are the blue ocean of the Internet, and Internet users find them novel." Qin Shaoyan said lightly, "But on the other hand, marketing and promotion also played a key role. The reason why YouTube became so popular so quickly Get up, it’s inseparable from Facebook’s support.”

"Originally, I planned to work with your team to support you in building a video website, and then replicate the golden cooperation model between Facebook and YouTube."

"Foreign video websites include Facebook, but I have a campus network. I want to support you very easily."

Qin Shaoyan glanced at Kou Hongfei and said, "Don't deny this."

Kou Hongfei nodded immediately, "With the help of the campus network, Tudou.com will definitely develop very quickly."

"It's a pity that this cooperation failed to be negotiated." Qin Shaoyan smiled, "This is not a big deal for the campus network, but it is definitely a big deal for Tudou."

Kou Hongfei felt bitter in his mouth, and couldn't help but nodded in frustration, "This is indeed an excellent opportunity, and it was just missed in vain."

"Actually, if Edward explained this matter in advance, Wang Wei would not choose Lenovo to invest."

Qin Shaoyan smiled and said without comment, "Wang Wei and Lenovo Investment have reached an investment letter of intent. It seems to be a step towards success, but in fact it is a step towards failure."

Kou Hongfei was stunned for a moment, "How do you say this?"

"Is there an exclusivity clause in Lenovo's investment letter of intent?" Qin Shaoyan asked rhetorically.

"Yes." Kou Hongfei nodded, a little confused, "What's going on?"

"This is a trap." Qin Shaoyan smiled slightly.

(End of this chapter)