Reborn: Billionaire in College

Chapter 162: A Do-or-Die Battle on the Campus Network (Additional chapter for RiddleMan's reward)
To a certain extent, Chen Pingjiang's living conditions have been completely reversed.

When Chen Pingjiang took time out to go to school to take his final exams in mid-June, he was almost surrounded by people.

The students were so enthusiastic that even Mr. Chen was a little confused.

Chen Pingjiang finally broke free from the crowd and entered the examination room, only to find that the invigilator was staring at him and hanging around him for no reason.

If Chen Pingjiang was a good student, he would be able to answer all the questions.

But he really doesn't know anything. He can still answer the subjective questions, but he is completely at a loss when it comes to calculation questions.

For multiple-choice questions, choose C, you can’t go wrong!

After leaving the examination room, Chen Pingjiang ran away quickly.

Only when this wave passes will life become calmer.

When he returned to the dormitory, Chen Pingjiang strangely discovered that several workers were installing cameras downstairs in the dormitory building. When he walked to the corridor on the 6th floor, he found that someone was installing cameras again.

"What's going on outside?" Chen Pingjiang, who had just sat down, turned and asked Zhao Shaoyang.

This guy handed in his paper quite early.

He looked at Chen Pingjiang with some resentment: "Brother Chen, because of you, I feel like I'm under house arrest."

"Bullshit, I see there are surveillance cameras downstairs, it must be for everyone's safety, I'm going to the fifth floor to check."

With that, Chen Pingjiang ran to the fifth floor and returned soon after.

The mouth, which was harder than a sponge, is now soft.

"Damn it, you feel like I've ruined you, right? I'm going to the city tomorrow to buy a 500-square-meter apartment. I don't want to live in this crappy dormitory anymore."

Zhao Shaoyang had a constipated expression: "Brother Chen, I suspect you are teasing me. You must have eaten a lot of sugar recently, and your urine is sweet. Besides, you have already pretended, if you leave now, I will suffer in vain."

In fact, this is not the school’s fault.

The current Chen Pingjiang is destined to be extraordinary. He is worth more than 1 billion yuan. If something happens, they will really be in big trouble.

Who dares to joke about Chen Pingjiang’s personal safety?

Who can guarantee that they are all restless young people in adolescence and don’t get angry from time to time?
There is a voice currently hoping that Chen Pingjiang can move out of the University of Finance and Economics so that they can save themselves too much pressure.

However, as soon as this voice was raised, it was ruthlessly suppressed.

Are you kidding? We are eager to invite Chen Pingjiang back, but you are trying to get him out?

Were you sent from another school?
When a group of people came back from the exam, Chen Pingjiang asked, "When are you going home?"

Dong Tinghui said, "We're leaving tomorrow. Does Mr. Chen have any plans?"

After stroking his chin for a while, Chen Pingjiang felt that it was time for him to buy an apartment in Dongjiang.

My commute to work is already quite far, so it’s not a good idea to run back to the dormitory all the time. Especially during the summer vacation, there are not many people in school, so staying in a hotel every day is also a hassle.

When everyone was gathered, Chen Pingjiang took his sons out for a meal, which was considered a farewell dinner for the school year.

When they passed by Yan Yan's school, Chen Pingjiang picked her up.

"Where are we going?" Yan Yan asked curiously after getting in the car.

"Go look at the house."

Chen Pingjiang saw the confusion on Yan Yan's face and said with a smile: "Summer vacation is coming soon and I have no place to live. I can't stay in a hotel all day, and the school is becoming more and more inconvenient now."

After he said that, Yan Yan also thought so.

It seems a bit strange that a billionaire with a net worth of over 10 billion lives in a school dormitory.

In the first half of 2007, housing prices in Dongjiang were relatively stable, and did not soar until after 2008.

At this time, the average house price in Dongjiang was only 5-6000 per square meter.

Buying a house now is almost like making money without doing anything.

In fact, many companies are already gearing up to enter the real estate sector.

However, Chen Pingjiang really has no good impression of this industry.

After all, he had no real interest in the dance troupe.

Profits are individualized, debts are corporatized, and social risks are transformed.

Everyone understands it.

Seeing Chen Pingjiang driving farther and farther away, even feeling that he was in the suburbs, Yan Yan asked curiously: "Where is this? You are not planning to buy here, are you?"

"Haven't you been to Hexi?" Chen Pingjiang said with a smile.

Hexi's value will skyrocket in the future.

However, Hexi at that time was located in a remote area and was nicknamed "Ghost Town" by the older generation of Dongjiang people.

Chen Pingjiang directly chose Vanke’s Guangming City from among the earliest batch of commercial housing in Hexi.

It’s really cheap.

The opening price was only 7500 yuan per square meter. Chen Pingjiang bought a three-bedroom apartment without blinking an eye.

"I plan to keep this house after I buy it. The supporting facilities in Hexi are not yet complete, and it is a bit far from where I work."

The two then found a second-hand house near Huijin Building.

Fortunately, there is no purchase restriction in Dongjiang now, so the application procedure is very simple.

Chen Pingjiang bought two houses, totaling just over two million.

This made Chen Pingjiang sigh. More than ten years later, Vanke Guangming City owned the best double school districts in Hexi. The housing price reached 80000 yuan per square meter at its peak, which was ten times the original price.

………………

Chen Yizhou has been very irritated recently, especially after seeing the news of Renren's Series A financing, blisters appeared on the corners of his mouth.

He really didn't understand how the insignificant opponent in the past could have inexplicably climbed to such a height.

In fact, Oak Pacific Group is currently entering a difficult period of development.

Chen Yizhou's Maopu.com originally planned to go public, but unfortunately failed. Later, due to financial constraints, it also carried out large-scale layoffs in September last year.

It was precisely because of this that Chen Yizhou kept chasing after Wang Xing and eventually acquired Xiaonei.com.

Currently, the operational focus of the entire Oak Pacific Group has mostly shifted to Xiaonei. As the former "FaceBook of China", Chen Yizhuo has devoted a lot of effort to Xiaonei.

We have deeply penetrated into the college student market and further penetrated into the high school market.

When Chen Yizhou was full of confidence, Renren.com came into being.

What’s funny is that Renren hit Chen Yizhou right in the soft spot. He watched helplessly as Renren continued to conquer the white-collar market and ignited the war into the university and high school markets.

After all, college students and high school students also like to play the parking game.

Mop.com, which failed in its IPO, is doomed to failure. Currently, Xiaonei.com can be said to be Chen Yizhou’s lifeblood.

But he encountered a powerful opponent again, it would be strange if he didn't get angry.

Since starting his business, Chen Yizhou has been stumbling.

ChinaRen, which he founded at the beginning, caught up with the Internet bubble, burned through all the cash and failed to make a profit, and was eventually acquired by Sohu. After establishing Oak Pacific Interactive Group, Chen Yizhou's business became more and more diversified.

It started out as an SP business, but just as it was getting better it encountered a SP business downturn; then it transformed into a community, but found that the community had low growth potential and switched to a portal. When the portal encountered setbacks, it tried popular concepts such as video, classified information and online downloads, but all ended in failure.

We created the accelerator DuDu, acquired World of Warcraft China website, acquired UUme, acquired Mop, and acquired Donews. All of them are mergers and acquisitions.

It can be said that the current campus network is his last trump card. If it fails, Chen Yizhou doesn’t know how to continue.

"Damn it, I've started so many businesses but none of them succeeded, how come he succeeded all of a sudden?"

But you have to admit that Chen Yizhou has a good vision. He immediately fell in love with the then not-so-large campus network, and he paid attention to the short video sharing field in 2006.

A master's degree from MIT or a PhD from Stanford, any one of these academic qualifications can crush Chen Pingjiang, not to mention that the University of Finance and Economics behind Chen Pingjiang is just a second-tier university.

The news of Renren's successful financing brought great pressure to Chen Yizhou, forcing him to quickly start the next round of financing.

Otherwise, if Renren gets the money and develops vigorously, as a result of the rise and fall of one, Xiaonei might really be brought down.

"How did the VC/PE firms respond?" Chen Yizhou asked in the conference room.

He felt bitter. He had originally planned to wait for this round of financing, hoping to sell Xiaonei.com at a good price when its performance improved. The sudden emergence of Renren.com disrupted his financing rhythm. If he did not take advantage of this wave to raise some money, when Renren.com was becoming more and more like a king, the price would not be so attractive.

However, unlike Renren, Chen Pingjiang was pursued by 80 VC/PE companies, while Chen Yizhou had to contact them himself.

"So far, General Atlantic, DCM, TVC, Lenovo Capital and SoftBank have all expressed interest in us."

Chen Pingjiang knew that the senior executives still had something to say but was embarrassed to say it.

Those institutions that showed interest in Oak Pacific did not get tickets to Renren.

They don't want to miss out on this round of social networking boom, so they have no choice but to turn their attention back to campus network.

After all, although the PV data of Xiaonei.com cannot compare with Renren.com at present, thanks to its first-mover advantage, its number of registered users is still far ahead of Renren.com, although this advantage is being rapidly eliminated.

The voice of the executives continued to be heard: "But they also expressed their concerns about Renren.com, wondering if we can seize the opportunity of social games. Therefore, I personally suggest that we hold a financing reception to convey our confidence to various VC/PE institutions."

Chen Yizhou nodded: "You arrange it, I will prepare it well when the time comes."

After that, he turned to the other side and asked, "How is the development of our game project going?"

"We have only developed 7 percent of it. Taking into account the testing time, we expect it to be available in late July or early August."

Chen Yizhou calculated the time and issued a strict order: "It must be on the market at the end of July. We can't wait until early August. By early August, the day lilies will be cold."

"Okay, Mr. Chen, I will ask the game development department to work overtime."

"Tell them that if they complete the development within the required time, the company will reward them handsomely."

After arranging everything, Chen Yizhou stood by the window and looked at the buildings lined up in the distance. It seemed that his rival Renren was far away in his sight.

　Update plan: There will be one more chapter later, and two chapters tomorrow morning.

　　
　
(End of this chapter)