Wall Street Legend

  Chapter 231 Venture Capital

From 1987, the scientific and technological circles and the education circles began to try the Internet, and successfully used the Internet in 1994. After that, with the completion of the four major backbone networks, by 1996, the Huaxia Internet industry began to enter an active period. After experiencing the Internet bubble in previous years , People began to look at this industry rationally, knowing that a company should not only have ideas, but also have long-term plans and goals.

One of the benefits brought by the Internet bubble is that people began to put "profit model" and "growth" in an important position, and judge whether a company is worth investing in based on these two points. At the Lord's dinner table, we can clearly see the mainstream ideas of Chinese Internet practitioners in this era. They generally believe that they cannot burn money without limit, and put the expansion of the number of users in the first place.

While eating and talking at the wine table, Ye Dongqing was thinking about how to use the money wisely. In fact, he already had several goals, and he felt that if sufficient funds were given and a feasible development plan was provided, these would not be enough. What kind of start-up company may bring some surprises to itself in the future.

In this era, there are about 31 million computers in China, and the number of Internet users is almost 80 million. It can be seen that the number of registered users of hundreds of millions is full of water. Not only Boni is falsely reporting the number of users, but executives of other companies I am also used to talking about the number of registered users.

This doesn’t reflect much. Only the real number of frequent users can reflect the accurate scale of an Internet company. Take Facebook as an example. The number of repeated login accounts in a week is more than 60 million. This is a real high-quality enterprise. Compared with QQ There are still many users, but the population size of the United States and some European countries is not as large as that of Huaxia, and the popularity of the Internet is quite high.

Bringing money to invest, I don’t plan to bring it back. Others can play angel investment, such as Sun Zhengyi and others who are getting more and more valuable. Ye Dongqing is also planning to get involved in this field. It is already in the plan to come to China to lay out the Internet industry. , if some companies in which he has a stake support each other, maybe it can achieve the effect of one plus one greater than two.

So, at this moment, he put down his chopsticks, raised his glass with a smile and told everyone present: "To tell you the truth, I am more optimistic about the development potential of this market, and I also brought a sum of money, about 500 million U.S. dollars. If there is a suitable I can continue to spend more money on investment projects, so you can prepare a more detailed project plan. If you think there is an opportunity to cooperate, I can give part of the investment to achieve a win-win situation.

If it is more successful at that time, I can also help plan the listing on Nasdaq. Mr. Bernard Madoff, the former chairman of Nasdaq, is an old friend of mine. He had a close business relationship with me before. I will definitely help, and I will send you my email address at that time. As long as you are interested, the funds will be in place soon. "

  Venture capitalists have come to contact them before. Every time an Internet conference is held, venture capitalists are indispensable. There are indeed not many people who pay attention to the Huaxia Internet market, especially after the bubble burst, but not absolutely.

  However, it is true that there are very few high-spending customers like Ye Dongqing. Although they each have their own little thoughts, they have not shown it. The expressions of everyone are quite normal.

Internet start-up companies are polarized. Companies like Tencent will not lack investors. Especially since last year, many institutions have come to contact Pony. However, small companies and companies that have been listed have hardly been paid attention to. The former is because they haven’t made any outstanding achievements yet, and they are stuck in some kind of endless loop. They have no money to develop, and because they can’t develop, they can’t attract investors. The listed companies are because they have been squeezed once and want Obtaining investment is more difficult.

No matter what other people think, anyway, the "Big Three", the three bosses of Sina, Netease, and Sohu, are all very interested in Ye Dongqing's proposal. They have low profits and high investment, and they have already fallen into the difficulty of cash flow. Some opportunities are clearly in front of them, but they can't be successfully realized. They have already decided to find a time to talk to Ye Dongqing. When they looked at each other, they guessed each other's thoughts and smiled at each other.

Boss Zhang of Sohu is more extroverted, and told Ye Dongqing at this time: "When it comes to starting a business, I have a pretty good idea. I want to build this thing in your hand. Recently, there is a mobile phone called PHS on the market. , That thing has no signal at every turn, it feels like a big brother, not a mobile phone at all.

  There are Nokia, Motorola, and Japanese and Korean products on the market, but there are not many domestic mobile phones. Now, whether you are doing business, driving a taxi, or working part-time, who doesn’t want to buy a mobile phone? The market must be huge. Recently, a friend talked to me and made me understand a question, why not make our own mobile phones? Just like what Lenovo is doing, all the equipment and parts can be bought with money. Someone told me that it is not difficult to do it. You can buy semi-finished products from Baodao, find some people to help assemble them and sell them, and the profit will be very high. Not bad, what do you think? "

  Zhang Chao did his homework before coming here, and entrusted an old friend to check Ye Dongqing’s business. He accidentally heard about his and Jobs’ collusion to develop mobile phones. He happened to be interested again, so he casually brought it up at this moment.

He didn't know that the mobile phone that Ye Dongqing was concerned about was different from all the traditional mobile phones on the market. He only thought that if he could negotiate and get the money from Ye Dongqing, it would mean that the business was half successful. My friend is from Baodao, and he can buy almost all parts for mobile phones from the semiconductor processing factory in Baodao. In his opinion, this kind of business is not difficult. After the funds are in place, everything is easy to talk about.

Hearing this, Ye Dongqing nodded with interest and said: "This is very good. It seems that I have made a very good start. In fact, I once talked with a Chinese company about jointly developing mobile phones, but the other party rejected it. It is said that Recently, I am developing a mobile phone by myself, and I believe it will be available on the market in a short time.”

Ordinary mobile phones are not difficult to obtain, and the technology is relatively mature. It is estimated that it will be at least two years before Apple's first-generation smartphones are launched. During this period, it is possible to come up with a relatively good mobile phone brand. In addition to engaging in electric vehicles together, Ron Musk also likes the mobile phone industry.

  Mr. Zhang felt that there was something interesting when he heard it, and added: "I will call my friend over tomorrow, and the three of us will have a face-to-face talk. There is no technical difficulty, but the main problem is funding. You can't go wrong with this business..."

  (end of this chapter)