My 1999

"It's too presumptuous, they...how can they curse people!"

At Xinlang's board meeting, Duan Yongji slapped the table, his face livid with anger.

Although he also likes to play dirty tricks behind his back, he still maintains the face of an entrepreneur on the surface and rarely directly criticizes people.

But this report was like slapping him in the face with a round hand.

Too presumptuous.

Wang Yan and Mao Daolin didn't look good either. They were one of the culprits who squeezed Wang Zhidong away in the first place.

"Notify the Ministry of Justice immediately and prosecute this person named 'Xin Jia'." Mao Daolin said in a deep voice.

"It's easy to sue, but now the reputation of us on the Internet is polarized. It may not be easy to narrow the emperor to order the princes," Wang Yan said.

"We must not just give up. We must activate all our relationships immediately and build momentum before October 15th." Duan Yongji gritted his teeth.

November 15th is the time when Sina's extraordinary shareholders' meeting will be held, and it is also the day of the final showdown.

With the shares in their hands, there is absolutely no chance of winning.

Jiang Fengnian, who was sitting at the top, felt sad when he saw their panicked and angry expressions.

Xinlang, which was prosperous at the beginning and was the largest Chinese portal website, has actually fallen into a state of intrigue and scheming all day long.

Dong Dong…….

There was a sudden and rapid knock on the door.

"Come in."

A young woman wearing a women's suit quickly opened the door and walked in. She looked at the room full of high-rise people and said quickly.

"Mr. Duan, Wang Zhidong accepted an interview with the "Dialogue" column and exposed all the inside information about his departure from the company."

"What?"

Wang Yan suddenly stood up.

The cup in Mao Daolin's hand also fell to the ground.

Duan Yongji's expression changed drastically, and his body started to tremble slightly.

——

"Hello everyone, this is the "Dialogue" column, and I am the host Chen Weihong. Today we are very honored to invite the former chairman and president of Sina, Mr. Wang Zhidong."

Wang Zhidong stood up, bowed slightly to the audience, and sat down again amid applause.

"Mr. Wang, we all know that you founded Sina, China's largest portal website. Can you share your entrepreneurial experience with the viewers in front of the TV?"

"certainly."

“The reason why I entered the Internet industry was by chance.

It was 1986, I was a senior in college, and I often worked part-time outside.

By chance, I met a customer on the street in Zhongguancun.

He made a request, asking whether the Founder and Sitong laser typesetting systems could be made compatible.

I wasn't sure at the time, but I didn't want to lose this customer, so I asked if I could give it a try.

Probably because I was a student at Beijing University, he hesitated for a moment and then gave me both software.

I took it back and studied it. I first changed Mr. Wang Xuan's system, and then moved it to Sitong's machine. It took less than two weeks to solve the problem.

Later, Mr. Wang Xuan, the founder of Peking University Founder, found out about this, and he invited me to join Founder.

At that time, I was very excited to be invited by a successful entrepreneur, so I agreed. "

“In 1991, I independently completed the first practical Windows 3.0 Chinese environment in China - BDWIN3.0 at Founder, which became one of the seven major achievements of Peking University Founder in 1991.

However, in the past nearly a year, Founder did not start to promote this product on a large scale.

I am very disappointed and aggrieved. I felt that my children were not being taken seriously, so I resigned in anger. \

,"“After leaving Founder, I originally planned to leave the capital and go to Singapore to study.

I was a little bored when applying for a visa, so I wrote a plug-in Chinese platform, which later became a smash hit "Chinese Star".

"A college classmate of mine found out and forced me to join him and set up a company to promote Chinese Star. He said, let's follow the Silicon Valley way and do what Apple does. I think it's quite reliable and follows my dream. If they are a good match, I won’t go abroad.”

Chen Weihong smiled and said: "I have also used Chinese Star, but I didn't expect it was developed by you. But then I gradually couldn't find it."

"Chinese Star is a partnership. It was good at the beginning, but later on we had differences in the direction of the company's development. He wanted to make hardware, and I wanted to continue to improve Chinese Star and make it a local operating system of China. .

None of us could convince anyone, and the company didn’t continue.

This is my first entrepreneurial failure. "

"Although your business failed, it laid the foundation for your subsequent success." Chen Weihong said with a smile.

Wang Zhidong nodded and said: "Everyone quite recognizes my technical ability.

In 1993, Sitong Group invested HKD 5 million to establish Sitong Lifang, and then invited me to be the general manager of Sitong Lifang, which was also the predecessor of Sina. "

"How old were you at this time?"

"26 years old."

"You are really amazing to be in charge of a company at the age of 26." Chen Weihong said with a smile.

"I thought so before, but since I met Mr. Xu from Hongmeng, I am completely convinced. There are really geniuses in this world." Wang Zhidong sighed.

"It is said that Mr. Xu Liang was only eighteen years old when he started his business, and he was still in his second year of high school?"

"yes."

Wang Zhidong nodded affirmatively.

"Mr. Xu is indeed a business genius. He founded Hongmeng at the age of 18. At the age of 19, he became China's number one Internet technology company and was named the richest man in China. In such a short period of time, he has achieved achievements that are difficult for others to achieve in their lifetimes. It’s really amazing.” Chen Weihong praised.

Wang Zhidong also expressed his approval.

"But Mr. Xu seems to have been unwilling to be interviewed, and he never appears in front of the media. Do you know the reason?"

"I probably know something."

Chen Weihong was shocked and quickly asked.

Now the people in the station are almost going crazy trying to interview Xu Liang, but they just won’t accept it.

If he could figure out the reason today, it would be a great achievement.

"I discussed this issue with Mr. Xu. He said that he likes a quiet life and does not like to be shrouded in the spotlight. In addition, he also said that he does not want to set a wrong example for high school students across the country."

"It's understandable that you don't like to be disturbed by the outside world, but what happens next...?"

Wang Zhidong smiled and said: "Mr. Xu thinks that what high school students should do most is study, not start a business like him. He doesn't want to set a wrong example and mislead the younger generation."

Chen Weihong suddenly realized.

"Indeed. There are tens of millions of high school students in the country, but there is only one Xu Liang who has successfully started a business in so many years."

After briefly chatting with Boss Xu, he returned to the original topic.

“In the few years after the establishment of Sitong Cube, it launched the Chinese operating system RichWin, and achieved 80% of the pre-installed software on Chinese microcomputer platforms in China. The company’s total assets reached US$8 million.

In 1995, I went to Silicon Valley and successfully obtained US$6.5 million in financing from Huacheng.

With sufficient funds, Sitong Lifang has developed rapidly.

In 1998, it acquired Huayuan Information, the largest overseas Chinese Internet company, and changed its name to Sina after the merger.

Everyone knows what happens next, so I won’t say more. "

Chen Weihong nodded and asked, "Can you tell me about Sina's acquisition of Internet Encyclopedia?"

"certainly.

After the Nasdaq crisis, Sina's shortcoming that revenue could not cover expenses was rapidly amplified, and the company's stock price fell rapidly. At the most dangerous time, our market value was less than US$100 million.

You know, we had nearly US$100 million in cash on our books, but our valuation was equivalent to cash, which shows the attitude of the capital market towards us at that time.

As the CEO and president of Sina, it is my unshirkable responsibility to lead Sina out of the quagmire.

Therefore, when I knew that the website was going to be sold, I strongly advocated that Sina acquire this business. Unfortunately, in the end, it fell short. "

Chen Weihong said: "Is it because the price has not been agreed upon?"

"no.

The price had already been agreed upon at that time. Sina paid US$90 million to acquire Daquan, half in cash and half in equity in the new company.

We even initialed the contract.

However, Sina co-chairman Duan Yongji, COO Mao Daolin, and director Wang Yan disagreed. "

"Why don't they agree?" Chen Weihong asked.

"Because they felt that the price of the website was too high. In fact, Microsoft's acquisition price was US$120 million, so our acquisition price was not high at all, and it was even very cheap.

In fact, even if I lowered the price of the website directory to 80 million or even 70 million US dollars, they still think it is very high. "

"Why?"

"It's very simple. If I lead Sina to acquire the website Daquan and completely turn the company around, what reason will they use to kick me out of Sina?"

As soon as this statement came out, several exclamations suddenly erupted from the audience.

Chen Weihong was also a little surprised, although he consciously guided Wang Zhidong to reveal the whole story of Sina's internal power struggle to attract attention and increase ratings.

But I didn't expect Wang Zhidong to cooperate so neatly.

"Mr. Duan Yongji has always been the president of Stone Group, and you joined Stone Group in 1993. Shouldn't you be friends? Why would he drive you out of the company?"

Wang Zhidong said calmly: "Although we have worked together for a long time, we have never been friends. As for why he kicked me out of the company? Haha, if he didn't kick me out, how could he control Sina.

You know, Sina has nearly 100 million US dollars in cash and more than 800 million Huaxia coins on its account... "

Watching the TV broadcast and listening to the words inside, Duan Yongji's face turned livid with anger.

"How dare he, this rip-off bastard!"

He kicked over the trash can on the ground and all kinds of garbage rolled all over the floor.

Duan Yongji took a deep breath, turned around slowly, and stared at Mao Daolin and Wang Yan with his falcon-like eyes.

"You should know very well that we have no retreat. Either win the war and win Sina; or become a laughing stock in the eyes of others and get out of here in despair!"

The two looked at each other and slowly stood up.

"We will proceed as planned."

"very good."