Wall Street Legend

  Chapter 208 Project

  Ye Dongqing can make money by himself, so there is almost no risk of shortage of funds during the creation of Facebook and other Internet companies. Now that people know that he is rich, many people who are trying to get financing from him come to him.

  Sammy Johnson was one of them. He was more radical. He ran directly from Silicon Valley to Hawaii to meet Ye Dongqing in person, tried to sell his entrepreneurial idea to him, and obtained financing from him.

Since the second half of last year, people have come to him almost every day. He once attended a party in the IT industry. From the beginning to the end, more than 20 people contacted him for their own projects. This shows that small and medium-sized entrepreneurs How short of money they are.

At present, Silicon Valley is still in a state of economic downturn, and the fanatical atmosphere is long gone. After a large number of companies went bankrupt, a number of new projects emerged one after another. Of course, there are many high-quality companies worth investing in, but not every good project can be successfully financed. , so that many entrepreneurs fell on the road to success.

To be successful, luck is also very important. If Ye Dongqing chose to directly enter the Internet field to start a business, maybe he would be like this group of people, struggling all day long for financing, and finally had to use a large amount of shares in exchange for some A negligible amount of money is used to develop the project.

I can understand the pain of these entrepreneurs, but this does not mean that Ye Dongqing will show kindness to help them. The reason why I agreed to meet with Sammy Johnson is mainly because the project mentioned by this guy is more interesting , he hopes to integrate all the restaurants in the United States, and then use the Internet to provide food and beverage delivery services, and he can also help others purchase goods for a fee. Finish.

I have already read the project book, and Ye Dongqing thinks it is a bit messy, but according to the habits of Americans, they often leave the phone number of the merchant, and many merchants have their own takeaway delivery service, Chinese food, pizza, fried chicken burger, There's everything from Thai food, and before smartphones, he's not sure anyone would go to the trouble of using a computer for such operations.

Even if it can be done, the scale of the business will probably not be too large, and the profit will be limited. After all, the food delivery market is relatively mature, and the labor cost is too high. After the face-to-face interview with Sammy Johnson, he finally decided to invest one million US dollars , in exchange for 45% of the shares, the right is a small gamble for fun. It's good if you succeed, and it doesn't matter if you don't succeed.

In fact, he thinks that he can invest in a few more projects that he is optimistic about, and spend a small amount of money to give it a go. Apple, Amazon and the like have already succeeded, and there is not much suspense about future development, which leads to a lack of a sense of expectation. Almost, if you know what cards other people are holding, you can win money, but in the end it will be very boring and lack a sense of accomplishment.

The layout is already quite large. According to the current development trend, Ye Dongqing will no longer have to worry about money in his life. He came to Hawaii for a vacation for a while, which caused his mentality to gradually change. He carefully examined his own shortcomings, and by the way Make some small plans for the future.

   Money still needs to be earned, but you can’t focus all your energy on the money itself. You should also do charity work and enjoy life comfortably.

  …

After giving the promise of investment, let Sammy Johnson go away. Speaking of which, the two are still Harvard alumni. This guy graduated last year and went to Silicon Valley to start his own business. If it weren't for this relationship, Ye Dongqing would not spare time Come and meet him.

Sitting in a restaurant by the sea and ordering a pizza, he was about to taste the lobster meat on the pizza when he received a call from Bonnie Ma. After wiping his hands, he said, "Hi, find What's the matter with me, I'm traveling in Hawaii."

"Hawaii? I'm investigating a company in Yanjing. Didn't I visit the company called Amazon last time? I found that we are also planning to engage in similar businesses. I want to come over and learn about it, and then try it myself. , you are also a shareholder, so I want to ask your opinion before starting the plan." Bonnie's voice came through the phone.

Ye Dongqing did not expect this. Now Tencent is rapidly expanding its instant messaging business. In just one year, the number of users has nearly doubled, and its performance has also continued to soar. Some virtual items written in code have been successfully obtained from young people. Made a lot of money and is trying to develop into games.

He thought that Bonnie wanted to talk to him about going public again, but he didn't expect to learn from Amazon to play online retail. Considering Tencent's current user base, it is not impossible to develop in this direction, and he turned around in his mind. Feeling that there is a way to make money, he immediately asked: "Is there any problem with funding?"

"It should be possible. There is still some money on the books, and the company is also making money. It's just a warehouse to buy some cars and let others deliver things. How much will it cost? If it doesn't work, it will be listed for financing. I will definitely find money. , or I can borrow from you or get financing from you, MIH Group agrees with my idea, they hope that we can develop in a diversified way.”

"This project is pretty good. If you are interested, I will invite someone from Amazon to talk to you about your entrepreneurial experience. Now that I am on the board of directors of Amazon, it should be fine. When you are ready, send a proposal to my mailbox , as long as I don't mess around, I'm fine."

Ye Dongqing said that since Amazon can succeed, it means that there is nothing wrong with this road. Alibaba will also be very good in the future. I often see its name in the news. Now it is only 2004, and the possibility of success in grabbing the market is very high. Big.

After hesitating for a moment, he added: "I remember that you have a company called Taobao. You can sum up its successful experience with Amazon, and then find the most suitable path. Americans have different habits from yours in terms of cost and consumption philosophy. It’s different, my suggestion to you is don’t just care about the project itself, but also think about how to make people willing to put money with you, and then use the money to make money.”

"…What's the meaning?"

"Forget it, let's do it first. I'll tell you about this later. It's messy if I talk about it now." Ye Dongqing pointed to Ant Financial. He clearly remembered that this company, which can be called an online bank, was later valued at more than 100 billion U.S. dollars, becoming the world's largest unicorn company.

  Since Alibaba can tinker with this money-making model, he thinks he can probably do it too. He has the money and the idea. The only difference is that it will actually be implemented. There is no need to worry for the time being. You have to check the relevant policy clauses first...

  (end of this chapter)