Reborn: Billionaire in College

Chapter 209 Returning to China
Although Twitter has not yet formed a profit model, its commercial value has begun to emerge.

And in July 2007, it completed its first round of financing.

Or maybe Chen Pingjiang came to the United States at the right time.

In the spring of 2008, Twitter was experiencing frequent outages, mainly due to a surge in users.

Rumor has it that Twitter is already preparing for its second round of financing.

After a period of negotiations, Tianyuan Capital, owned by Chen Pingjiang, also got on board.

Spark Capital of the United States led the investment, and Tianyuan Capital followed with an investment of US$1000 million, accounting for a 10% stake.

A week later, Chen Pingjiang and others returned to China ahead of schedule.

Bu Housheng was left in North America to be responsible for a series of investment tasks.

In addition to serving as a director of related companies, he will also lead the game studio being established in North America and do a good job of connecting with Facebook.

In addition, Chen Pingjiang also gave him additional tasks.

"I believe you can see without me saying anything that the subprime debt situation in the US is getting worse and worse. Even big investment banks like Bear Stearns are not immune. I think Lehman Brothers is not far behind."

Bu Housheng, who is very familiar with American investment banks, frowned and said, "No way? Lehman Brothers is the fourth largest investment bank. If it falls, it will cause a series of domino effects."

Chen Pingjiang smiled and said, "Don't spread the news. You stay here and buy at the bottom when necessary."

The S&P 500 index is still OK now, but it started to plummet in July and August, and fell most dramatically after the collapse of Lehman Brothers. When is the best time to buy at the bottom?

Many people think that the subprime mortgage crisis started in 2008, but in fact, signs of it appeared at the end of 2006.

After a year of continuous deterioration in 2007, the bankruptcy of Lehman Brothers became the last straw that broke the camel's back.

Just yesterday, the Federal Reserve cut interest rates by 25 basis points and announced that GDP grew by 0.6% in the first quarter.

By July, stock prices will have fallen to a 7-year low!
…………

I stayed there for more than ten days this time. I was so sick of eating all the white food that I didn't feel better until I returned to China.

North American game studios will not copy the domestic FarmVille, but will make improvements.

The most obvious difference is that it is a little more complicated than the domestic Renren Farm.

First of all, there will be more types of vegetables that can be grown, as well as a series of real farm tools such as seeders and harvesters. As your level increases, the area of ​​the farm can be expanded little by little, and you will have more and more things to decorate the farm.

This game named Farmville has quite free layout and a paper doll system that allows users to design their own shapes, which is different from domestic farms.

In fact, the improved version of Farmville was so popular on Facebook that it swept away all its competitors.

As of March 2010, FarmVille has more than 20 million users, making it the most popular application on Facebook, and the number of users who have joined FarmVille Fans has reached more than 1 million. The total number of FarmVille users accounts for about % of all Facebook users, which is more than % of the world's population.

Chen Pingjiang is living abroad, and there is quite a bit of news about him on the Chinese Internet.

"I saw Renren's big boss Chen Pingjiang in Los Angeles' Chinatown yesterday. He was even more handsome in person."

Some international students took pictures of Chen Pingjiang walking into the restaurant.

A bunch of comments follow below.

"Why did Chen Pingjiang go to the United States? Did he immigrate?"

"How is that possible? They are just going there to discuss business, okay?"

"Didn't you read the news released by Renren? Mr. Chen went to the United States to invest in several companies, including a gaming company."

"Awesome! You are the pride of our country. Your business has even expanded to foreign countries."

"..."

To some extent, Chen Pingjiang is a bit like the 1.0 version of Wang Sicong, and is quite well-known among people under the age of in China.

However, unlike the latter, Chen Pingjiang's image in people's minds is more positive.

The first thing Chen Pingjiang did after getting off the plane was to take his men to a barbecue restaurant and have a big meal.

It’s not that I can’t afford Chinese food abroad, but it’s too far away and it’s too troublesome to run back and forth every time.

The boss was frightened by the way he ate voraciously. He thought to himself, this guy looks like a starving ghost when he is dressed like a decent person.

In addition to the financial crisis, the year 2008 also had another event that had a profound impact on future generations.

4月1日中国移动通信集团公司在BJ、上海、天津、沈阳、广州、深圳、厦门和秦皇岛8个城市，启动3G“中国标准”TD－SCDMA社会化业务测试和试商用，其号段为157。标志着我国3G标准TD的商业化应用正式起航。

2009年1月，工信部终于批准三大运营商开通3G业务，每个运营商同时获得了CDMA2000和WCDMA两种标准的运营牌照。这标志着2G时代的终结和3G时代的来临。

In September 2008, the first commercial Android phone, the HTC G9, was released.

All of this undoubtedly indicates that mobile Internet is about to arrive.

As long as the share of smartphones increases, the impact will be fed back to the mobile Internet market.

This also means that Renren.com needs to plan its mobile Internet business one step ahead of others. …………

On May 5, Chen Pingjiang and his team finally returned to the company and went to the catering group for a meeting.

To be honest, Ge Mengshi has regretted her impulse ever since the New Year. Chen Pingjiang is the big boss, and the two of them often see each other.

Even though Ge Mengshi told herself again and again not to make the same mistake again, the more they met, the more awkward it became, and the more awkward it became, the more she remembered the madness of that night.

Morally, Ge Mengshi felt that she could not destroy Chen Pingjiang's feelings.

Emotionally, the more Ge Mengshi suppressed herself, the more Chen Pingjiang's shadow appeared in her mind.

Reason told me to just pretend that nothing had happened and go back to my previous life. The two of us would just be passers-by in each other's lives and there would be no consequences for me and Chen Pingjiang.

But there are many things that can be endured.

"Since Renren Group Buying went online, our three brands, Miaocha, Taiyi Pickled Fish, and Xiaochen BBQ, have all grown to varying degrees, with monthly sales increasing by 30%. After the financing, our brands have entered surrounding cities and first-tier cities in China, and are currently undergoing intensive renovations. The brand IP image work continues to advance, and the results are currently good..."

While Ge Mengshi was reporting, Chen Pingjiang looked at her straight, which made Qin Suqin and others laugh, until Ge Mengshi herself felt a little embarrassed.

At this point, Chen Pingjiang coughed slightly and said, "You are doing very well. First, speed up the layout of first-tier cities, take steady steps, and then start to sink the market to second-tier cities next year. Here is a piece of knowledge to tell you."

"The era of mobile Internet is coming soon. What is mobile Internet? To put it simply, mobile phones will function as computers in the future. When we go out with a mobile phone, we can go online, buy on Renren, make payments, and spend a lot of time on it. As the usage of Renren Group Buying increases, it will be reflected in the sales of various brands of the catering group, so it is only right to plan ahead."

After returning from abroad, Chen Pingjiang decisively passed on relevant knowledge of mobile Internet within the company.

Compared with physical enterprises, Internet companies were the first to be affected by this wave.

The entire company must take this seriously in order to be invincible.

In the evening, Chen Pingjiang did not return to his residence, but brought a bottle of red wine to Ge Mengshi's residence.

"Dudududu!"

"Who?"

Accompanied by a burst of hurried footsteps, after a while, Ge Mengshi opened the door.

After seeing Chen Pingjiang, Ge Mengshi's eyes were extremely complicated.

There is joy, entanglement, and restraint...

"Why are you here?" Ge Mengshi asked curiously.

Chen Pingjiang leaned against the door and shook the red wine in his hand: "I want to have a drink with you."

"It's too late and I have to go to work tomorrow. How about another day?" Ge Mengshi refused very "rationally".

Unexpectedly, Chen Pingjiang dodged and rushed into the house amid Ge Mengshi's scream.

"you……"

"What do you mean? I drove all the way here with great effort, but you won't even let me in the door. Do you think I'm your boss?" Chen Pingjiang pretended to be angry.

Ge Mengshi was almost defeated by Chen Pingjiang's shamelessness. After struggling for a while, she went to the kitchen and got two highball glasses.

After pouring two glasses of wine, Chen Pingjiang stood up and ran over to turn off the lights in the surprised look of Ge Mengshi. Then, in the dim light, he took out the candles he had prepared and turned on the battery.

This little atmosphere came up all of a sudden.

Ge Mengshi's face illuminated by the candlelight looked unusually peaceful.

Ge Mengshi felt a little amused and surprised at the same time. She had never had such an experience before.

"Do you usually chase girls like this?"

After a crisp clinking of glasses, Chen Pingjiang shook the glass a few times, then took a sip of red wine and said, "Then you are wrong. I am usually the one being pursued, so why would I need to spend any effort? You are the first girl to enjoy this service."

Ge Mengshi did not continue to follow Chen Pingjiang's words, but sighed: "I already wanted to avoid you, why did you still come."

Chen Pingjiang put down the goblet and looked at Ge Mengshi with fiery eyes: "Don't lie to yourself, ask yourself what you really want? Life is only a few decades long, why make it hard on yourself, so there is no need to have so many burdens and thoughts. Anyway, you can't find a partner for a while, so what's wrong with communicating more with your brother?"

Ge Mengshi smiled and shook her head helplessly: "Do you know that what you just said was very scumbag?"

Chen Pingjiang raised his eyebrows and said calmly, "I don't think so."

Ge Mengshi was really defeated by Chen Pingjiang's persistence and sighed in her heart.

Forget it, since there is no way to escape or hide, then just sink into it.

She was smart enough not to ask Yan Yan what to do, because there was no need to and talking about it would only spoil the mood.

If she were twenty she would ask, but not now.

The two of them were like old friends who had met after a long separation. They chatted about the interesting things that had happened to them and their daily lives. After drinking a bottle of wine, Ge Mengshi's face was already red and slightly drunk.

Not long after, Ge Mengshi took off her clothes and leaned her hot body against Chen Pingjiang.

(End of this chapter)