Fight To the Third Generation - Chapter 682
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In the first half of the year, I was busy with a lot of things, and suddenly I was free in the middle of the year.
since June.
In addition to holding a forum in Pengcheng, Su Yehao briefly talked about the outlook for the domestic and foreign environment, and boosted the confidence of mainland Internet entrepreneurs and investors. Basically, he was just idle.
Even in this forum, he just came forward to read a speech, announcing that one billion yuan will be spent in the next three years to support some potential startups, and other aspects do not need to spend too much thought.
Su Yehao didn’t take it seriously, but others didn’t dare to take it lightly.
After the forum is held.
Someone pondered carefully and summed up the meaning of his words. In the final analysis, it was nothing more than one sentence – Silicon Valley collapsed because of the inflated bubble, what is the matter with the Internet market in the Mainland?
If you think about it, you will find that it is.
The network communication market in the Mainland has just developed, and there are not many listed companies.
Even if companies such as TAT and TOT are taken out, the total valuation is not as good as a fraction of Yanwen Group, let alone compared with multinational giants such as Yahoo and Microsoft. The gap is too great.
It was just a small puddle, even if a tornado blows, how big of a wave can it make?
Instructed by Su Yehao’s subordinates, the media has withdrawn funds from Silicon Valley to the mainland, and reshuffled the market. Instead, it is easier to seize investment opportunities and write several very good news.
As a result, more and more people realize that it seems that there is really no need to worry, and the impetuous panic in the market has been greatly reduced.
A group of interested people are already considering taking the opportunity to take action, following Su Yehao’s actions and trying to acquire some high-quality assets.
If Su Yehao just said it, they might not take it seriously.
But since he dared to speak out in public and decided to spend one billion yuan to support the development of the industry, this so-called “support” is naturally regarded as a signal of bargain hunting.
It can be said.
With the successful holding of the forum, many people have a reassurance.
The voices from the outside world who sing down the domestic Internet market and think that the investment in communication infrastructure is a waste of money have also plummeted.
Since the successful completion of the first Pengcheng Internet Forum, everyone has continued to start their own businesses, work part-time jobs, and the market order has been forced back on the right path by Su Yehao…
With his involvement, someone started to have a headache.
On June 22, Masayoshi Son, CEO of SoftBank Group, came to the mainland for inspection again. On his way from the Shanghai airport to the city, he had dinner with several venture capital managers of Softbank.
room.
Sun Zhengyi took a glass of wine and asked while eating:
“I remember last time there was a company called Yiwang. The boss was fat. Why is there no news?”
A supervisor on the opposite side, after listening to it, was stuck in his throat, he put down his fast son and respectfully, lowered his head and reported:
“Before, we have entered the stage of communicating the amount of financing, and the attitude of the other party has been very good…”
“and then?”
“The Su from Gangcheng held a forum in Pengcheng. Later, the entrepreneurs changed their attitudes. The shareholders of Yiwang Company hoped to reduce the financing share to less than 20%. Su Yehao’s SSSSS Asset Management Company announced publicly. , will spend one billion yuan to support a group of start-ups, which may involve official support, after all, this 5S asset management company is quite special, it just became a shareholder of Hong Kong City Exchange yesterday.”
Hearing the other party making excuses, Sun Zhengyi asked impatiently:
“I’ve already talked about it in person, and you can actually lose the project? Why didn’t you sign the contract in time? The last time I came was in May, right? What did you guys do during this period?”
“… Nasdaq kept falling at that time. I thought that if I waited a little longer, I could save you some money, President, I was wrong!”
The Japanese employee who replied knew that he was wrong, and immediately got up and walked around the chair, kneeling in front of Sun Zhengyi with his hands on the ground, his forehead hitting the carpet.
This surprised the waiter who came to deliver the food.
The two sides have different cultures. In the traditional customs of China, kneeling is a great gift.
The waiter thought to himself that when he went to the grave to worship his ancestors, his posture was not so standard, so he couldn’t help but cast his eyes a few more times.
Sitting upright in the chair, Sun Zhengyi frowned and said:
“Get up! Now is not the time for you to apologize. You should pay attention to the occasion when you do things. Next time I ask you to do what you are responsible for, don’t do it without authorization. I heard that the network communication market in Africa is also developing. If the company’s investors are further delayed Our interests, then you can go to Africa to open up new markets.”
The one who was kneeling, got up immediately after hearing this, and stood there with his head down and motionless.
last month.
Sun Zhengyi met Ding Sanshi, who was working on a portal website. The two sides hit it off and negotiated a deal to acquire a 40% stake in Yiwang with a financing of four million US dollars.
In exchange, Ding Sanshi promised to use Sun Zhengyi’s financing to double the number of users of EasyNet within a year.
If the goal cannot be achieved by then, an additional 10% of SoftBank’s shares in EasyNet will be given, which is equivalent to an investment agreement with a gambling nature.
Taking into account the increase in the number of mainland netizens, it is relatively easy to achieve a gambling agreement between the two parties.
Ding Sanshi started his business long before Su Yehao’s rise, so he was not lost by the butterfly’s wings. Before, he mainly engaged in online forum business.
In order to avoid being stabbed in the spine and bones, and besieged and accused of eating alone, Su Yehao deliberately let go of some small fish.
Yiwang is one of them. He had seen the relevant information as early as 1998, and he turned a blind eye to the opportunity of financing Yiwang.
Later, with the rise of the portal concept.
Ding Sanshi also tried to develop in this direction, and seized another round of opportunities with the user base accumulated by online forums.
The scale of Easy.net today is far less than that of the same period in the previous life.
However, its performance in the second-tier Internet companies in the mainland belongs to the remarkable category, so it successfully broke into the sight of Sun Zhengyi.
The reason why Sun Zhengyi is optimistic about it is that he hopes to develop Yahoo Huaxia Station as soon as possible with the help of this group of users of Yiwang, and take the opportunity to exert some pressure on Su Yehao.
He is very ambitious.
Su Yehao and Su Yehao have never met face to face, but there are many entanglements of interests between them.
For example, the rise of Google has harmed the interests of Yahoo. For example, it has a plan in the mainland market. The two sides often collide when selecting venture capital projects.
Originally, the financing of Easy.com was almost certain, but now the project in hand is actually cold, which will directly affect the short-term development of Yahoo’s Huaxia Station. This is the fundamental reason for Sun Zhengyi’s anger.
In fact, in the market environment of the past month, it is not wrong to let it dry for three stones.
At that time, a large number of entrepreneurs lined up to seek investment from Sun Zhengyi.
Everyone only gets a five-minute interview opportunity, and even this cruelty still attracts countless entrepreneurs flocking to try their best to meet Son Masayoshi.
to the near future.
Nasdaq began to pick up~www.mtlnovel.com~ The strong performance restored market confidence, and at the same time attracted capital to enter the market again, out of a wave of bull market.
Ding Sanshi of EasyNet was keenly aware that the wind direction had changed again, so he was not willing to continue to implement the previous financing plan.
This doesn’t seem to have much to do with Su Yehao, but there are innumerable connections.
At least he tried to do some practical things to help the mainland Internet industry, which is very valuable.
As long as we help mainland Internet companies obtain financing opportunities from other places, we can effectively prevent cheap assets from being plundered by foreign capital.
The newly established SSSSS asset management company is preparing to launch a private equity fund product focusing on the mainland Internet industry, and plans to raise 2 billion yuan from the mainland.
When the funds are in place, the money will also be invested in the domestic Internet industry, and Su Yehao will take care of it in person…
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