In terms of investment scope, SoftBank SAIF not only invests in the Internet, but also in many industries.Not only investing in companies listed overseas, but also many assets listed on A-shares and Hong Kong stocks, we also accept all comers.

Well, it was not SoftBank SAIF that invested in Alibaba, but SoftBank Planting Flowers.

Originally, SoftBank Saifu and SoftBank Planting Flowers were both the biological sons of Masayoshi Son’s Japan’s SoftBank.Later, SoftBank SAIF's wings became stronger. Later, after raising more capital, it no longer recognized SoftBank Group as its father. What could Son have to do but quit SoftBank SAIF, the traitor, and began to withdraw capital, mainly using his energy to support SoftBank is investing in this subsidiary.

For example, investing in Alibaba is mainly an investment by SoftBank, not SoftBank SAIF.

Of course, SoftBank SAIF still has a lot of money from Masayoshi Son, so it can be said to be arrogant.

Later, SoftBank SAIF directly removed the name SoftBank. What is SoftBank SAIF? We don’t know SoftBank. Please call me SAIF Asia Fund.

After removing SoftBank, SAIF Asia Fund is still a very powerful company.Because without Masayoshi Son, they can still raise more customer funds for investment.

In essence, after SAIF Asia parted ways with SoftBank, it was also the reason why SoftBank later lacked trust in professional financial investors.

Sun Zhengyi's subsequent failure was that he would not listen to me. If your professional wings are hardened, you will become a traitor.

Then, he made investments arbitrarily, which ultimately laid a lot of thunder for SoftBank.

……

Before waiting for Yan Yan from SoftBank SAIF.

Xiong Xiaoge hurried to Jiangcheng County and tried to persuade Zhao Han not to be attracted by SoftBank's sugar-coated bullets. SoftBank's desire for control was much greater than that of IDG.

IDG's investment style does not seek control. It is a financial investment that plans to cash out after investing.

It is impossible for SoftBank not to exert various influences on the companies it invests in. After all, the amount of investment it invests is large and it is particularly long-term.SoftBank itself is worried about not interfering in operations.

Zhao Han went fishing with Xiong Xiaoge enthusiastically. What was embarrassing was that Zhao Han was from the Air Force.

Xiong Xiaoge claimed that he didn't know how to fish, but he caught half a bucket of fish.

"Old Xiong, please tell me how to fish?" Zhao Han said sincerely.

"You are not sincere." Xiong Xiaoge said, "A well-intentioned investor like me can be felt by fish. As for you... except for the robbers, buy one get one free, before investing in Weibo, you must invest Online entertainment videos. Moreover, you also hooked up with SoftBank Saifu..."

"No, Old Bear! You misunderstood. I didn't take the initiative to contact venture capital, it's all you who are greedy for my assets." Zhao Han sighed, "Weibo, an asset like Yushu Linfeng, can hardly stop the covetousness of venture capital." .”

The main thing is that the most important thing in Internet investment now is the WEB Internet. Yahoo is the WEB Internet, Amazon is the WEB Internet, Google is the WEB Internet, and Facebook is the WEB Internet.

Domestic Du Niang, Alibaba, Sina, NetEase, etc. are all WEB Internet.

In a sense, Tencent is actually an alternative, because its core product is the client. The valuation of WEB user traffic is relatively mature, but the valuation method of how much money the client gives to a customer is immature, and even the specific number of active users of the client. Now it is difficult to be monitored by third-party plug-ins as easily as WEB.

The current mainstream venture capital companies around the world believe that the WEB Internet is king, and the client is naturally inferior.

Therefore, Tencent has always been underestimated.

It was not until after Tencent went public that the realization of various traffic flows slowly began, and gradually the valuation continued to increase.

"If I don't say anything else, you have to treat everyone equally. If I invest in a video website, I can invest in Weibo. The same goes for SoftBank SAIF or other venture capital." Xiong Xiaoge thought that the trap he stepped on must be someone else. Step on it too.

"Have you decided to invest?" Zhao Han asked.

"Otherwise, what can I do? If I become a video website, I will definitely lose money. Just looking at Weibo's income, I think it's still worth a try!" Xiong Xiaoge said.

"I think it's better for you to invest in me than to invest blindly." Zhao Han was confident.

This confidence comes from the insights brought about by his rebirth.Every time he succeeds, he can pave the way for selling bigger PPTs in the next round.

In order to accelerate development and for the larger pattern.Zhao Han had to rack his brains to come up with more PPTs.

Success is to deceive you even more, first make you money, and then make you pay more.

Of course, Zhao Han is not just cheating, but is trying his best to create value in the right direction.

The purpose of putting these different tracks together is to gather and control various talents and resources.

For example, controlling more Internet companies will bring a huge customer base to the cloud computing business in the future.

When the cloud computing business develops to a certain scale, it will inevitably develop self-developed chips.Various Internet giants in later generations developed their own chips.

In addition to the huge scale of some of its own businesses, most of its features are basically cloud-based.

Having a cloud server in hand is equivalent to many businesses in the software and hardware ecology, and it is also a natural market.

Using self-developed chips in your own cloud services is not only as simple as developing hard technology, but can also save costs for cloud services.

In a sense, later cloud computing is no longer just a second-tier dealer, a middleman that resells hardware, software and bandwidth services.

In fact, most of the major Internet companies, especially those with cloud service businesses, will embark on the road of self-developed chips.

As long as the cloud server sells services, the specific hardware is actually decided by the cloud service provider itself, rather than the customer specifying what hardware to use.

It’s all about cloud computing. Does it matter what architecture the CPU is? Anyway, the solution provided to you can meet your needs.

For compatibility, CPUs of various architectures can be available, and cloud computing will allocate resources to you when needed.

At this time, you can quietly add water. For example, it doesn't matter if you buy some Loongson CPUs and add them.

Loongson is essentially a modified ecosystem based on the mips architecture. However, the main problem with the mips architecture is that you can change the architecture more freely after purchasing a license. Therefore, various big players made mips incompatible with each other, and the ecosystem was divided. .

By the time Loongson is mass-produced, the mips ecosystem has almost completely cooled down.

Therefore, Loongson was not worried that the architecture it changed was no longer compatible with the next version of mips, so it started to make drastic changes. The name of the newly added architecture was also directly called dragon architecture. Damn you mips...

Even so, the only existing CPU with the strongest process and performance that is compatible with the mips ecosystem is Loongson.

As a result, Loongson has actually been picking up various heritages of the mips ecosystem.Various remaining software and hardware users of the mips ecosystem want to upgrade and test products, and many have chosen the Loongson platform for testing and even application.

In addition, it is the ecology of Loongson, which has started to merge with the Linux operating system.

The problem with the Linux operating system is the same. Each company has made changes that are incompatible with each other.It's okay in more professional markets, and programmers are not afraid of this kind of trouble.

But in terms of desktop operating systems, Linux software and hardware ecosystems modified by different companies are not necessarily compatible, so that the application software ecosystem of the desktop version of Linux cannot be developed...

After all, you need to make targeted modifications to each different Linux version to be compatible with all kinds of Linux.

Zhao Han does not necessarily consider cooperation with Loongson as his only option in the future.

Rather, the good thing about the mips architecture is that it authorizes you to delete and modify the architecture at will, and you can change it however you want.

What's even better is that companies with mips architecture later became famous.There is no one who controls the technical direction of the architecture and leads the improvement direction of the architecture version.

Therefore, whoever has the strongest mips architecture chip can theoretically reintegrate the remaining ecological market of mips architecture.

In this regard, Zhao Han feels that if his Internet industry expands in the future and requires more server hardware, he can cooperate with Loongson to develop MiPS architecture chips.

Of course, Zhao Han can actually cooperate with not only Loongson but also various domestic self-developed chips.

Chapter 441 Begins to deceive IDG and SoftBank SAIF

2005 7 Month 26 Day.

Jiangcheng County.

Wenwen Jingjing Technology Company Headquarters.

Zhao Han was in the company conference room, selling PPT to two venture capital teams, IDG Zhonghua and SoftBank SAIF!

The two big guys sitting here are Xiong Xiaoge and Yan Yan, as well as a group of juniors from venture capital companies who are like minions.

Zhao Han doesn't need to understand each one. What he values ​​​​is the venture capital's money, not the venture capital's friendship.

Friendship is so empty.

As long as your project is great, it will become so great that within a few months it will become the second largest in the domestic Internet industry.

And... counting all the budget, including the Super Girl commercial that has not yet ended, the total cost is about 1000 million.

Now Weibo can achieve breakeven even without venture capital.

However, the main reason is that Zhao Han will burn too much money in the future, so he still uses some profitable projects to give venture capital a little sweetness.

Add a layer of resume to your entrepreneurial qualifications that will reward venture capital investors a lot of money, so as to gain extra points for selling PPT projects later.

To put it simply, Zhao Han feels that the main difference between himself and Shen Nanpeng is that Shen Nanpeng succeeded in starting a business and took the funds to become a venture capital boss.

Zhao Han, on the other hand, chose to continue selling PPT!

For at least the next ten years, there will be more venture capital funds but fewer high-quality projects.Selling PPT is actually more cost-effective than investing in PPT with venture capital.

The prerequisite for being able to continue to sell PPT is a successful entrepreneurial experience in the past. This... is actually something that Zhao Han does not lack!

"The Weibo project is based on my observation of various social media on the Internet, whether it is BBS, blogs, or Facebook. None of them can reach my ideal state.

Facebook is a variant of blogging, with some improvements, but that’s about it.

Here, the most authentic Facebook in China is definitely not other imitators, but QQ Space. "

Zhao Han said, "Looking at Facebook's web page, it seems to be an improvement on blogging. But in fact, it is a social networking platform for acquaintances.

The most correct way to localize a model similar to Facebook is QQ Space. Other models that imitate Facebook are thought to be gradually eliminated as time goes by.Because its basic acquaintance social niche has long been occupied by QQ.

QQ can attack and win the market of acquaintance social networking sites similar to Facebook.Other websites that imitate Facebook cannot have the resources of QQ.Therefore, as time goes by, even if some similar acquaintance social media in China flourish briefly, they will eventually wither and only QQ Space will remain. "

“Even QQ Space, personally, feels that it is only a supplement to the QQ ecosystem. The excess traffic obtained by QQ does not count as overflow, so its vitality will be longer than other blogs and blog-like websites.

Generally speaking, blog-type websites are naturally isolated from thousands of miles away. They are isolated islands and have inconvenient information query and communication, which makes them unable to grow in the flower market.

It can only be used as a business supplement for Internet giants and cannot exist as a separate product.

Facebook is better. In the Eagle market or the European market, there has not been an instant messaging Internet giant similar to QQ, which has absolute dominance.

In the future, Facebook and QQ may each occupy a separate territory and be unable to coexist.The ecological niches of the two are actually similar.

Therefore, in the future, Facebook will definitely be like Tencent, with various in-site instant messaging added one after another, and it will definitely acquire various social media website assets in the future to continuously make up for its shortcomings and avoid forming rivals.

QQ will become more and more like Facebook, and QQ will gradually incubate various ecosystems on Facebook in the opposite direction.

Don't look at the WEB Internet and the instant messaging software. In my eyes, they are actually surprisingly similar. They are social platforms for acquaintances.

QQ will gradually move from instant messaging to non-instant content sharing.Facebook, on the other hand, has gradually transformed from spatial content sharing to a more instant communication function. "

Xiong Xiaoge interrupted and said: "Zhao Han, I've seen through you, you always say that other people's products are awesome, and then the subtext is, I'm just as awesome as them!

The awesomeness of Tencent belongs to others, and the awesomeness of Facebook belongs to others. I want to listen to Weibo! "

"Look, Mr. Yan, Brother Xiong has a false reputation and lacks patience. Unlike Mr. Yan, his brows are furrowed and thoughtful." Zhao Han said, "Mr. Yan, I am very curious, why are you frowning?"

“I think that for the blogging projects I invested in, I first invested 100 million and then added 900 million, so a total of 1000 million may have been lost.

The traffic of blogs, indeed... increased in the short term, but now it has fallen back, and a bunch of blogs are diverting traffic.

Sina, Tencent... Hey! "Yan Yan shook his head.

"The unit is RMB?" Zhao Han asked.

"Dollar!"

Yan Yan sighed a little, "A blog network and a blog China originally wanted to spread risks.

However, depending on the situation, both are a bit dangerous...the traffic ranking is stagnant and the monetization ability is lacking.

In fact, Mr. Zhao Han pointed out the key point. If I had listened to Mr. Zhao Han earlier, I would not have invested in blogs. "

Zhao Han said: "It is common for VCs to make mistakes. In addition, I think blog-type websites have no future. In the future, they will probably be vassals of portals like Sina.

Or Tencent’s QQ Zone.

QQ Space is more closed and more like Facebook.

I previously commented that the blog category is not worth investing in. In addition, the BBS category is actually not worth investing in either.

Its vitality can be very strong, but BBSs in specific industries will still exist in the next ten to twenty years.

But a BBS that wants it all will suffer an overall decline.Simply put, the BBS market is naturally fragmented and cannot be integrated.

With an integrated platform, you will soon find that segmented sections cannot be compared to segmented industry forums.

In the end, even if the traffic limit is limited, commercialization is very difficult.It will probably be difficult to go public.

It is also because BBS cannot monopolize, so a single BBS cannot be large-scale, lacks growth, and the investment value is relatively low. "

“After analyzing these, I have to say that Weibo has huge advantages.

My advantage is first of all, it is a friendly platform for celebrities and brand companies.

Celebrities and companies naturally have the need to promote themselves. I have formulated it so that unlimited users can follow a certain celebrity or brand. In the end, the celebrity or corporate brand can achieve the desired huge and low-cost role in promoting itself or the brand.

Ordinary users are easily attracted by celebrities or well-known corporate brands and pay attention to them.

Because they can see the latest content of the people, brands, and industries they are interested in, and participate in it.

It caters to the mentality of ordinary people who like to watch the excitement, and the common characteristics of human beings all over the world are the same!

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