Entertainment: Starting With A Net Worth Of One Trillion, I Chose To Lie Flat

Chapter 61 A Company With A Market Value Of Two Trillion! (8, Please Subscribe Automatically)

Compared to Wang Sicong who was shocked, Chen Mo was very calm and composed.

After all, no one knows better than him what consequences the Thousand Regiments War will bring.

Thousands of group buying websites seem to be blooming now, but in the end only a few will stand out. This probability is really a bit chilling.

Wang Sicong quickly put down the phone. He also had the task assigned to him by Chen Mo, which was to contact Wang Xing, the founder of Meituan.

As for Chen Mo.

They also sent people to start investigating Wang Xing's information.

soon.

When Chen Mo returned to Yanjing, a piece of information was placed in front of him.

Wang Xing was very smart when he was a child. In 1997, when he was only 18 years old, he was recommended to Qinghua University to study electronic engineering. In 2001, he received a full scholarship to study in the United States.

At the University of Delaware, an Ivy League school in the United States, Wang Xing studied computer science.

"This guy looks like he's someone else's child."

Chen Mo looked at the information, smiled and said.

Wang Sicong, who was sitting in front of him, nodded and said sincerely: "That's true. Compared with him, I feel like a scumbag."

This is from my heart.

He was recommended to Qinghua University to study abroad for a doctorate. Although he also studied abroad, he was nothing compared to Wang Xing.

Chen Mo smiled slightly and continued reading.

In 2003, Wang Xing discovered the popularity of social service websites while studying in the United States. With his business acumen, he believed that the future market must be the Internet market.

Therefore, Wang Xing decisively decided to drop out of school, give up his doctorate, and return to China to develop his business.

However, his entrepreneurial path was not easy.

After returning to China, Wang Xing immediately contacted his two friends, Wang Huiwen and Lai Binqiang. The three young men hit it off immediately. Some were responsible for technology, some were responsible for operations, and some were responsible for marketing, and they started a vigorous business venture.

In one year, three very capable young people developed more than ten projects one after another, including Duoduyou, Youzitu, Dingyan, etc., but they all failed.

In 2006, Wang Xing led his team to start Xiaonei.com, which had 30,000 users in just three months. However, he had no money, so he sold Xiaonei.com at a low price and became Renren.com today.

The reason is also very simple, because many people have also seen the future trends that Wang Xing has seen, so there are many opponents who compete with Wang Xing.

When the Internet was emerging, there were thousands of Internet companies across the country. It was not easy to stand out from these companies. Everyone had the strength, and it just depended on who dared to fight.

Just this year, Wang Xing started his own business again after experiencing the failure of Fanfou.

The entrepreneurial project launched this time is called Meituan, which specializes in group buying.

He doesn't know whether this venture will be successful, but he still has great hope.

"interesting."

After reading this information, Chen Mo asked Wang Sicong: "What do you think?"

"I?"

Wang Sicong was stunned for a moment, and then said: "I think you should meet him.

"yes."

Chen Mo nodded: "We still need to meet this person before we can determine the future development direction."

This is the truth.

For an Internet company, leaders are actually very critical.

"Have you contacted Wang Xing?"

Chen Mo asked Wang Sicong.

"I have been contacted and have made an appointment to meet tomorrow."

Wang Sicong said to Chen Mo: "Master, are you very optimistic about Meituan?"

"I just think that this guy named Wang Xing seems to be a determined person.

Chen Mo said noncommittally.

Wang Sicong was startled, then nodded slightly.

I have to admit that what Chen Mo said was not wrong at all.

Wang Xing is indeed a ruthless person.

Most people don't have this kind of perseverance.

Moreover, being able to give up one's doctoral studies and resolutely choose to return to China to start a business is not something ordinary people have.

"Let's go see him now."

Chen Mo stood up as he spoke.

"So fast?"

Wang Sicong was a little surprised.

Chen Mo didn’t say anything. If investors don’t even have this sense of urgency, then they’re just fooling around!

Sitting in the car, Wang Sicong started making phone calls.

But Chen Mo was thinking about how Meituan stood out from the fierce competition in his own impression.

After thinking about it, Chen Mo recalled it.

If I remember correctly, Meituan No. 1 insisted on not advertising offline. When the Thousand Regiments War was at its fiercest, Meituan did not advertise at all. Because of this, Meituan was guaranteed to have cash when it encountered a capital crisis. The flow is good.

In addition, we focus on serving users and controlling operating costs to ensure cash flow.

There is also the meticulous polishing of technology, applied to every operational detail.

In addition, Wang Xing is a smart man. He knows that it is difficult for Meituan to survive in first-tier cities. After all, there are too many group buying websites in big cities, so Wang Xing focuses on the development of small cities and has gained a lot of success in small cities. It is recognized that finally entering big cities, this principle of rural areas surrounding cities is indeed very effective, and later Meituan did become popular.

Recalling this incident, a smile appeared on Chen Mo's lips.

"Master, we've made an appointment."

At this time, Wang Sicong was in the passenger seat and said to Chen Mo: "Wang Xing and several other leaders of Meituan are waiting for us at the company.

"good."

Chen Mo nodded and said nothing more.

Instead, he lowered his head, picked up the previous information and read it.

This contains some information about Wang Xing and his friends’ previous business ventures.

They first built a school network, and later Tang Yang, a senior in Grade 94, invested some money in the school network and became their first angel investor.

Before, they had been focusing on products and avoiding marketing. After deciding to take the promotion route, they instead burst out with strong marketing creativity and execution. Their promotion ideas all come from simple life experience, which is both down-to-earth and closely integrated with the product. .

During the Student Day event, more than 800 students from the Electronics Department of Qinghua University were invited to participate in the lottery by registering with their real names. However, they did not have the money to hire a designer at that time, so they copied the Face user interface. In the process of being scolded for this stain, Hong Kong Shan Capital saw the school network.

However, the first version of the business plan was thrown in the taxi. After reading the improvised plan, investors from Sequoia Capital asked about their promotion methods.

Wang Xing and Wang Huiwen also failed to express their ideas clearly in front of investors and failed to prove that they were the best.

According to their insiders, for a period of time Wang Xing did not understand management, did not understand the organizational structure, and had unclear responsibilities and powers, resulting in low efficiency.

With Chen Zhou’s patient communication and the ever-increasing purchase price, the team made the decision to sell.

At that time, the traffic on campus was one-tenth that of Sina at that time.

Wang Xing said: "The failure of Xiaonei Network's financing cannot be attributed to the external environment. At that time, some opponents also succeeded in financing. Our failure may be due to communication problems with investors and our inability to make them have confidence in us."

Eventually, Renren.com was acquired by Thousand Oaks for US$2 million in October 2006.

After reading this information, Chen Mo already made a decision in his mind.

finally.

The car stopped in front of an office building.

"Master, we're here."

Wang Sicong's voice came.

Chen Mo nodded, opened the door and got out of the car, and saw several people standing there.

The one at the front is Wang Xing.

He was wearing a suit and dressed more like a white-collar worker than a programmer.

In fact.

This guy actually doesn't know much about programming.

"Hello Mr. Chen, my name is Wang Xing.

The first time Wang Xing saw Chen Mo, he walked over quickly and greeted Chen Mo politely.

"you know me?"

Chen Mo stopped, glanced at Wang Xing, and said with a smile: "I remember, there don't seem to be any photos of me in the outside world, right?"

"Yes."

Wang Xing nodded and then said: "I met you once before when I was in Silicon Valley.

Only then did Chen Mo suddenly realize.

Nodding, he looked at Wang Xing and said, "Let's talk while walking."

"Okay, okay."

Wang Xing nodded quickly.

As he walked, he introduced his entrepreneurial team to Chen Mo.

Chen Mo has read the information of these people before, so there is nothing surprising.

Walking to the conference room upstairs, Chen Mo took a look at the surrounding environment and smiled softly.

It can be seen that although Meituan’s office building is not very big, it should be decorated with great care.

"Sorry, Mr. Chen, the conference room is a little uncomfortable."

Wang Xing saw that Chen Mo was silent, thinking that he disliked the company's conference room being too small, so he said apologetically.

"It doesn't matter."

Chen Mo shook his head: "Amazon was just a garage at the beginning, and your place is much more spacious than the garage.

Talking.

He looked at Wang Xing, smiled and asked, "Do you know who I am?"

"Know."

Wang Xing nodded quickly: "Investors in Face, Twitter, Amazon, Apple and other companies all have your investment. You are the most mysterious gold medal investor in the field of Chinese venture capital."

hiss!

The people around him were all a little surprised when they heard Wang Xing's words.

before this,

Although they heard that an investor was coming, Wang Xing never announced Chen Mo’s identity.

Now hearing his introduction, Wang Huiwen and others were all dumbfounded.

"Haha, I understand it very clearly."

Chen Mo laughed.

to be honest.

He really didn't expect that Wang Xing would see him in Silicon Valley.

Although he appeared in Silicon Valley before, Chen Mo rarely left any images, and not many people knew him. Now it seems that he underestimated Wang Xing.

Wang Sicong on the side also understood why Wang Xing agreed to meet so easily after he revealed his identity.

After arguing for a long time, he already knew Chen Mo's identity.

"Yes, you have always been my idol."

Wang Xing said sincerely: "As a Chinese, to be able to create such a big career on Wall Street, I have always regarded you as my goal."

"Hahaha, thank you."

Chen Mo suddenly smiled happily.

After all, no one doesn't like to hear flattery, let alone from someone like Wang Xing.

You know, this guy will be in charge of a company with a market value of 2 trillion Hong Kong dollars in the future.

After laughing, Chen Mo looked at Wang Xing: "Mr. Wang, what do you think the future of Meituan will look like?"

…0Please give me flowers…

"What?"

Wang Xing was startled.

He didn't expect that Chen Mo's first conversation with him was not to ask him about Meituan's development status, but about Meituan's future.

After pondering for a moment, Wang Xing said cautiously: "I think the future of Meituan is to survive first."

Now that the Thousand Group War is about to begin, all the group buying websites are sharpening their knives and eager to beat their competitors to death.

To be honest, woof

Xing really doesn’t have the confidence to lead Meituan to persevere in such fierce competition.

so.

The future he envisions is to keep the website alive first!

After all, only by surviving can we talk about the future.

Chen Mo suddenly smiled when he heard Wang Xing's answer.

Looking at Wang Xing, Chen Mo said slowly: "I'll give you two options. First, I will acquire this website for US$50 million in cash, and your entrepreneurial team will retain part of the management shares and give you

I work. Second, for 10 million US dollars, I want 20% of the shares, but my shares are not allowed to be diluted. No matter how much you raise later, you cannot buy my shares.

How about an idea?"

????

????

Everyone was stunned when they heard Chen Mo's words.

Including the management of Meituan, and even Wang Xing himself, they all looked at Chen Mo in stunned silence, not expecting that he would actually say this.

"master....……"

Wang Sicong also looked surprised next to Chen Mo.

He opened his mouth to say something, but in the end he didn't speak.

After all, Chen Mo doesn't need to explain to him when doing things.

After a long time.

Wang Xing raised his head, looked at Chen Mo, and asked cautiously: "Mr. Chen, do you mean that you are very optimistic about the future development of our Meituan?"

"Um."

Chen Mo said calmly: "I am very optimistic about the development of the group buying industry, and I believe that if I invest in Meituan, your company will get more attention. Well, what do you think?

If companies like Li and Penguin can help you attract traffic, how big will the future development space of Meituan be?"

Damn it!

!!!

!!!

Wang Xing's eyes suddenly lit up when he heard Chen Mo's words.

Although he is not responsible for the company's technical issues, he knows very well what is most important in the Internet era.

To put it bluntly, the most important thing for any Internet company in its entrepreneurial stage is its user base.

As long as there are enough users, drama can be generated.

Wang Xing and his team once calculated that if Meituan could have more than 20 million users, Meituan would be able to achieve profitability.

But the problem is that it is basically impossible to realize this dream, especially with the brutal development of the entire group buying industry and the endless emergence of group buying websites.

After all, everyone is a group buying website, and Meituan has nothing that is more attractive or advantageous than other websites.

Today’s leading group buying website is not Meituan.

but.

With Chen Mo's words, Wang Xing and his team immediately saw hope.

To know.

Whether it is Alibaba or Penguin, these two companies are among the best among domestic Internet companies today.

The former has many users of Taobao, while the latter has many users of Penguin chat software.

This is their real confidence and an advantage that other Internet companies are envious of.

think about it.

Thinking back to the Shengda Group back then, Chen Tianqiao relied on more than one million users to finally get the agency rights for the "Legend" game from Goryeo, and used this game to

Make a fortune directly and become the richest man in China.

This is no joke, this is what really happened.

Even now, the development of Shengda Group is quite rapid.

The capital that Chen Tianqiao started with was the social game back then.

Now.

Chen Mo actually said that he could persuade Penguin Group and Alibaba to divert traffic to Meituan. Of course, Wang Xing couldn't control his emotions at this time.

"Ahem, um, Mr. Chen, are you kidding?"

Although he knew he heard correctly, Wang Xing still asked Chen Mo again cautiously.

"Of course not."

Chen Mo smiled and said calmly: "Now, you and your partners need to make a choice, whether it is 50 million or 10 million."

He spoke very calmly, and did not give Wang Xing and his team any time to consider the discussion.

Because Chen Mo knew very well that if he continued, there might be complications.

After all, Meituan’s development prospects are really good. According to the original historical script, Sequoia Capital should have been in contact with Meituan by this time.

In fact.

Chen Mo's guess was absolutely correct.

Before he and Wang Sicong appeared here today, Sequoia Capital had already been in contact with Meituan.

However, the price they gave was not very satisfactory to Wang Xing and his team.

Twelve million US dollars, 35% of the shares.

To be honest, comparing this number with the one given by Chen Mo, Wang Xing felt that he had to make a judgment.

Think of this.

He and several members of the founder team looked at each other. Everyone had known each other for so many years, so they naturally understood what Wang Xing meant and let him make the decision.

Wang Xing looked at Chen Mo and said, "Mr. Chen, I've already thought about it."

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