Rebirth of the Wild Age

In a tea room of the Chengdu International Convention and Exhibition Center, Ma Xiaoyun, Xiao Ma Ge, Ding Sanshi, Zhang Chaoyang, and Ding Ming gathered together. They are all CEOs of Internet companies in which Song Weiyang holds shares.

"Xiao Ding, after listening to your special lecture just now, I found that your online encyclopedia is very interesting." Ma Xiaoyun said with a teapot pouring water.

Ding Ming smiled and said, "Lao Song's idea."

Song Weiyang shook his head and said: "In the United States, some people put forward ideas several years ago, but they have never done it. Because venture capital institutions only focus on portals and have no interest in online encyclopedias, they have been lacking large-scale funds. This year Wikipedia has also appeared in the United States. This may be the benefit of the bursting of the Internet bubble, and there will always be fun in the big waves."

Xiao Ma suddenly asked: "How does the Internet Encyclopedia make money?"

"It doesn't make money," Ding Ming explained, "but it has greatly increased the utilization rate of search engines. It can be regarded as a drain for search engines. Now we mainly make money by selling search ads."

Ding Sanshi couldn't help asking: "Is Sogou Search now achieving break-even?"

Ding Ming smiled and said: "Since last year, more and more companies have started to make corporate web pages, and search ads are also selling very well. Now the net profit per month is about more than 5 million."

"It's 60 million in one year!" Ding Sanshi couldn't help but marvel.

Ma Xiaoyun suddenly turned to ask Xiao Ma, "Does Tencent make money?"

Xiao Ma said: "I have been losing money before, and just broke even last month."

Zhang Chaoyang was surprised: "How did you do it?"

Xiao Ma said: "Monternet."

Zhang Chaoyang and Ding Sanshi were speechless for a moment. They were also doing Monternet business, but they couldn't fight QQ as a big killer.

In order to develop Monternet's business, the mobile company promised to distribute 85% of the value-added SMS revenue to its partners, so major websites began to cooperate with China Mobile. However, as early as March this year, QQ had already dominated this field, accounting for more than 50% of the mobile company's business volume since the implementation of the "Monternet Plan".

In other words, the most profitable business in the Internet cold winter, Tencent directly took half of the share with QQ.

This data has not yet been made public, but Zhang Chaoyang and Ding Sanshi can imagine, because they sometimes use QQ, and they know how convenient it is.

Sohu and NetEase are like a pair of difficult brothers and sisters, who have tried every means to make money. Coupled with a similarly tragic Sina, now the three major portals are constantly comparing who has the least losses. Zhang Chaoyang glanced at Ding Sanshi, and said with anger: "Why do you still have time to come to Rongcheng to attend the forum? Have you negotiated with Cable Broadband?"

"That's it." Ding Sanshi smiled.

"Congratulations!" Everyone hurriedly congratulated.

Song Weiyang has no personal shares in NetEase, but Taurus Capital invested spontaneously. Now NetEase loses more than Sohu every day, and it's worrying the big and small shareholders, so the shareholders urge Hong Kong City Cable Broadband Company to enter the market for acquisitions.

Song Weiyang can't stop this kind of thing, because Taurus Capital is not a major shareholder of NetEase.

Why should everyone congratulate Ding Sanshi?

Because Ding Sanshi started the company very conservatively, he actually held more than 50% of NetEase shares after several rounds of financing and listing. As for the Hong Kong City Cable Broadband Company, this time it wants to package and acquire NetEase. Except for Taurus Capital, other companies are willing to sell their stocks. Including Ding Sanshi is also willing to sell, as long as this transaction is completed, he will be able to obtain more than 40 million US dollars in cash, the price is to directly emptied his shares in NetEase.

Song Weiyang didn't know the details, and didn't know whether there was this negotiation in another time and space.

But when the relevant news came out a week ago, Song Weiyang still paid attention to it a little, and then began to sit firmly on the Diaoyutai.

The Hong Kong Cable Broadband Company acquired NetEase not to become a portal site, but to use NetEase as a platform to develop broadband access services in the mainland, and even to enter the cable TV network in southern China.

The reason why Song Weiyang sits watching the excitement is that on the day when Cable Broadband announced its intention to acquire NetEase, its U.S. stock price plummeted by 20% and its Hong Kong city stock price plummeted by 15%. In the next few days, the company's stock prices in both places continued to fall, and it was still unable to drag NetEase's stock up.

Just the news that the purchase intention is reached has caused the stock to fall wildly. Isn't the signing of the contract really exploding? Unless the shareholders of Cable Broadband are traversers or are determined to enter the mainland market, it is impossible to complete this transaction.

After drinking tea for a while, everyone dispersed, Ding Sanshi went to Song Weiyang alone.

"Lao Song," Ding Sanshi was in a very comfortable mood, and suddenly became very generous, "You keep saying that you want to increase your holdings in NetEase. Before I have signed a contract with Cable Broadband, I will sell you as much as you want, which is better than Cable Broadband. The price over there is still 3% lower."

Song Weiyang smiled and said: "Haha, you sell it, I don't plan to make a deal for the time being."

Ding Sanshi was really about to sell. After leaving Chengdu, he immediately started the final round of negotiations with Cable Broadband, and the two parties smoothly finalized the details of the transaction. Immediately, NetEase's CEO and COO both announced their resignations. This is the basic operation of large-scale acquisition activities. The new CEO and COO will be appointed by Cable Broadband.

When the news came out, everyone felt that things had been fixed. Ding Sanshi thought the same way. Both the first and second in command of the company had stepped down. He just waited to sign the contract and take the money away.

At the same time, the share price of Hong Kong City Cable Broadband Company plummeted again, but NetEase's share price only rose slightly.

One night in mid-June, in a bar in the capital.

This bar has been packaged, the table is full of champagne, and a bunch of flowers are still on the bar. Many friends of Ding Sanshi, as well as high-level holders of Netease stocks, are here waiting for the celebration party.

In the cold winter of the Internet when financing is not possible and no one takes over, it is indeed a thing to be celebrated to be able to realize the stocks of a listed online company.

"I'm coming!"

Before Ding Sanshi stepped into the bar, someone had already picked up champagne, and some people were holding flowers to offer to Ding Sanshi.

Ding Sanshi walked in dejectedly, his throat became dry, and his voice hoarse: "It's messed up..."

"What's the matter?" the friends asked in surprise.

Ding Sanshi smiled bitterly: "Cable Broadband has terminated the acquisition plan."

A veteran employee holding NetEase stocks was startled in disbelief, and then shouted: "How can this be done!"

Yeah, how can this be?

You talked to others about the acquisition, and all the details were finalized. They dismissed both the CEO and COO, and you suddenly ran to say that the acquisition plan was invalidated.

Three days later, the cable broadband company unilaterally announced the news, and NetEase immediately confirmed the news that the negotiations had broken down. Ding Sanshi became the laughing stock of the industry. He was too impatient and wanted to realize his stock. He dismissed the CEO and COO before signing the contract. I am afraid that the whole world can't find a second player like this.

People said that if you don't see rabbits or scatter eagles, Ding Sanshi put the eagles away when he saw a rabbit poop.

This news made the cable broadband company’s share price rise by 5.6% in one day. Investors are also confident about not buying money-losing goods~www.readwn.com~ and NetEase’s share price has not risen much before. After the acquisition negotiations broke down, Unexpectedly, the torrential flow continued, and Ding Sanshi and the shareholders couldn't help it.

Unfortunately, not only Ding Sanshi, but also Sina's boss Wang Zhidong.

Wang Zhidong went to work at the company as usual, and before his **** was hot, he was told that his positions as president, CEO and director of Sina had been cleaned up.

Every so often, 8848 chairman Wang Juntao announced his resignation. He was forced to go because his correct development route was completely rejected by investors, which gave Alibaba a great opportunity to develop B2C business.

Last year, the five leaders who participated in Xihu Lunjian were two of them, and one of them became a joke in the industry.

NetEase's share price is about to drop below $1 due to the unsuccessful acquisition of NetEase. In order to increase the stock price, the investors and Ding Sanshi actually manipulated the mid-year financial report and were directly suspended by Nasdaq. After finally waiting for trading to resume, its stock price plummeted to $0.64, and the stock trading volume has been zero for several months.

Duan Yongping called back from the U.S. and asked: "Lao Song, NetEase's stock price is so low. You keep saying that you are optimistic about this company. How about when I enter the market to buy the bottom?"

"Yes, let's buy the bottom together," Song Weiyang said, "but don't just copy, let's first buy the shares in the shareholders' hands, and then raise funds to increase NetEase's funds, and finally get the shares from the investors in the form of on-market repurchase. Take stock in here."

Duan Yongping said: "It will cost a lot of money."

Song Weiyang smiled and said: "We will give a little money privately, and let Taurus Capital contribute a little more. I will find other friends and do it together if I am willing, and forget if I don't. I will regret them if I make money in the future."

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