My Age of Investment

After the matter was over, Xia Jingxing, Yang Haoyong, and Zhang Chenguang went straight to the airport early the next morning after resting in Star City for the night.

Tudou.com was in Shanghai, and Wang Wei drove back by himself.

After getting off the plane and leaving the airport, Xia Jingxing saw Rao Lei and Liu Jian who came to greet him.

Rao Lei patted Xia Jingxing's shoulder, with emotion and joy on his face, "It's still back!"

"It's not easy to mix abroad, so I have to go back to China!"

Xia Jingxing shook hands with Liu Jian again, cast a glance at Rao Lei, and said teasingly.

Rao Lei coughed twice, smiled and said: "Why do I feel that you are connoting the two of us?

The two of us couldn't get along anymore abroad, so we ran back to China, but now we can't get along anymore in China, so I really don't know what else to do.

Old Liu, don't you think so? "

Liu Jian sighed, "Isn't it? I always thought that starting a business was an easy task. Only when I tried it myself did I realize how difficult it is."

Xia Jingxing smiled, did not follow the topic to chat, and introduced Yang Haoyong and Zhang Chenguang behind him to the two of them.

Zhang Chenguang didn't talk much, and knew that he couldn't chat with these bosses, so he stood aside after shaking hands and didn't say much.

Yang Haoyong also started his own business and studied abroad, so he had something to chat with the two of them.

"Oh, Haoyong, so you founded Ganji.com?"

Liu Jian suddenly realized, and then laughed "haha", "There are advertisements on Ganji.com posted everywhere in our community, saying that you can find Ganji.com for renting houses, buying second-hand goods, and making friends."

He gave a thumbs up, "The advertisement is well done, and the website is also very innovative."

Yang Haoyong scratched his head, "It's all stupid ways, which made the two big brothers laugh."

"No no!"

Liu Jian waved his hands again and again, "On the contrary, I think that if we can work so hard to promote it, we will surely become a big hit in the future."

After exchanging a few pleasantries, everyone boarded an Audi together.

The car belongs to Liu Jian,

He also acted as the driver himself, driving a car full of people to Zhongguancun.

Zhang Chenguang sat in the co-pilot, and Liu Jian, who was sitting in the back row, talked with Xia Jingxing and Yang Haoyong who were sitting on the left and right.

"Jing Xing, it's a bit crowded, don't take it for granted, I mainly want to chat with you in the car, and report to you about work by the way."

Xia Jingxing was not someone who talked about ostentation, so he nodded, "This is pretty good, and it won't waste time. But don't talk about reporting to work, it's just an outsider!"

Rao Lei smiled, chatted for a while, and quickly got to the point: "YouYoumi is now in a growth dilemma, and the user growth has been stuck at more than one million, unable to break through two million, and active users are still losing .

Liu Jian and I have reflected on this issue, and found that not only us, but Yiyou, Heyyou... a large group of SNS social networking sites established at the same time have fallen into the same problem.

It may be that China's SNS concept is immature, and all of them are copied mechanically from Silicon Valley, resulting in unacceptable conditions. "

Xia Jingxing had expected this ending a long time ago, he was not surprised at all, and asked calmly, "Then what are you going to do now?

Early this morning, Christina called me and said that you have something important to discuss. "

Rao Lei and Liu Jian, who was looking at the rearview mirror, met their eyes for a moment, their eyes couldn't hide their loneliness, and said faintly, "We want to sell Youyoumi!"

Now even Yang Haoyong, who was sitting next to him, couldn't help taking a curious look. Just now he had been pretending to look at the scenery outside the window, and now he was in no mood to watch it anymore.

Facebook invested in Youyoumi at the beginning of last year. At that time, he was still the director of the network security department at Facebook, and he also knew about such a thing.

Including him, all the middle and senior management of the company know that Facebook has buried a pawn in China.

Now that the pawns are for sale, what will Facebook do?

Yang Haoyong looked at Xia Jingxing curiously, and Rao Lei did the same.

"Facebook currently has full coverage in North America and Europe, Oceania, with South America and Africa a lower priority.

At present, the key layout is Asia, and the Indian market has already entered. The next step is Japan, South Korea, Hong Kong, Macao and Taiwan, and the mainland will not enter! "

Hearing what Xia Jingxing said so resolutely, Rao Lei frowned, and even Liu Jian ignored the traffic safety, and quickly turned his head for a glance, and then quickly looked away.

"Why?"

Rao Lei spread his hands and said with a puzzled expression: "You have returned to China now, why didn't you bring Facebook to China?

Youyoumi's technology is not good enough, its concept is not innovative enough, and its capital is also lacking.

Facebook is different. When you enter the Chinese market, I believe that no SNS social networking site is your opponent. "

Xia Jingxing was silent for a moment. There are many reasons for this, so it's not humane to understand.

Facebook has colluded with the Yingjiang government, can it still enter the Chinese market and grasp citizen data?

The rabbit government is unwilling, and he does not want to push this matter to the ground.

If something goes wrong in the future, he can't bear the responsibility, and it will cause the collapse of the domestic business.

"As you said, Facebook also has its own considerations. At present, domestic netizens do not approve of the model of social networking.

What's more, Penguin has also launched Qzone right now. With its huge user base, the blow they brought to small and medium-sized entrepreneurial SNS websites is catastrophic. "

Rao Lei's remark carefully reflected that there was some truth in it. When it comes to the number of users, who can compare to QQ.

Now Penguin is also interested in this piece of cake, and it has a good location. Facebook does not want to come in and fight, and invest more resources in those countries that allow them to gallop. This cannot be said to be a wrong choice.

After he figured it out, he stopped asking too much, and said with a serious face: "If this is the case, Youyoumi will not be able to merge into Facebook according to the previous agreement."

Xia Jingxing nodded, he had said this before, but he said it as a joke and didn't take it to heart.

Rao Lei said again: "Chen Yizhou is somewhat interested in Youyoumi, but the price he offered is not high."

Xia Jingxing asked, "I remember they looked for you at the beginning of the year."

"right!"

Rao Lei said: "At that time, Youyou could not find one million users, and Chen Yizhou offered a purchase price of US$5 million.

At that time, we felt that the price was low, and we couldn't explain it to you investment shareholders.

You voted for us for a year, so you can't let your work go to waste, right?

Therefore, even though Youyoumi was a bit stuck in growth problems at that time, we still gritted our teeth and insisted on doing it, hoping to see if we could create a little miracle.

Another half year has passed. Although the number of users has doubled, it has not achieved that kind of exponential growth, and the growth momentum is very flat.

At present, the funds in the company's accounts are running out, the industry is gradually getting colder, and capital tends to be conservative, which makes financing difficult.

I discussed it with Lao Liu and decided to sell it while the company can still maintain a certain market share in social networking sites.

Find a good next home and sell it for a good price, which can be regarded as an explanation to your shareholders, and it can also keep the jobs of the employees who work hard together, so that they will not lose their jobs.

If Facebook did not have the idea of ​​entering the Chinese market, after much deliberation, only Thousand Oaks Group is the most suitable.

Chen Yizhou approached us many times, but we never let go.

Because I always remember, you said that Facebook needs a springboard to enter China. "

Xia Jingxing understood, nodded and smiled: "Senior Brother Rao, I accept your kindness, but Facebook has already confirmed that it will not consider the Chinese market for a few years."

"Okay then, let's have a good talk with Chen Yizhou and try to negotiate a good price."

Rao Lei smiled reluctantly, "Of course, because the number of users of Youyou is not large, the industry is gradually getting colder, and the acquisition price is not so high no matter how high it is.

You have to be mentally prepared, your investment is destined to not make a lot of money.

Here, I would like to say sorry to you for disappointing you and Christina. "

Xia Jingxing waved his hands, shook his head and said, "What are you talking about? It's too serious, Senior Brother Rao!"

Seeing that Xia Jingxing really didn't have any grievances, Rao Lei stopped being hypocritical and started chatting about some digressions.

While chatting, the car arrived at Zhongguancun, where Youyoumi Company is located.

Yang Haoyong did not accompany you to visit Youyoumi. After arriving at the place, he got off the car and went back to Tsinghua Science and Technology Park by himself. The office of Ganji.com is not far from there.

Xia Jingxing and Zhang Chenguang, led by Rao and Liu, went to Youyoumi's office to look around.

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