My Fintech Empire

Cheng Yizhou on the other side of the phone was also a little upset when he heard the other party's reply and was rejected.

After a while, Cheng Yizhou responded, smiling and provocatively saying: "Young man, if you don't agree to this acquisition, then I can only throw this money in the market, and give it to you." Competitors such as Fanfou, Jiwai, etc. do promotion, and at that time, you can’t help it.”

The implication is that young people should not be ignorant of good and evil, paying for your website is to think highly of you.

When Xu Jingren heard this, he didn't listen to him at all. The company's financing problem is controlled by the boss, and tens of millions will be in place immediately. Are you afraid that your 18 million will be lost to a competitor?

"Mr. Cheng, please go ahead. We'll see you in the market. Goodbye." Xu Jingren answered the phone and hung up the phone. He didn't give face, and it also reflected the arrogant side of the young man.

Xu Jingren's strength also has his own confidence. The company's financing problems are covered by the boss. Don't worry about the lack of development funds. Weibo's user growth is gratifying and the prospects are bright. The other party's 18 million acquisition of Quantum Beat is simply a dream.

After hanging up Cheng Yizhou's phone, Xu Jingren called Fang Hong immediately, and the boss must know about this matter.

At the same time, Cheng Yizhou was also caught off guard by the other party's direct hanging up of the phone, and immediately stared at the phone and snorted coldly: "I don't know how high and earthy I am, the last person who was as stubborn as me was the Xiaonei team. Give it to me? Since you don’t want toast, I can only give you a fine wine!”

It is worth mentioning that the current founder of Fanfou.com is Wang Xing, the founder of Xiaonei. One ride away.

Then, the head of Qianxiang Group came with a whiff.

In March 2006, Cheng Yizhou approached Wang Xing, the founder of Xiaonei.com, with 10 million yuan, and proposed an acquisition intention. At that time, Cheng Yizhou was involved in the social networking site 5Q, competing with Xiaonei.com.

After proposing the acquisition, no matter how good the terms Cheng Yizhou offered, Wang Xing ignored them and refused to sell Xiaonei.com.

And Cheng Yizhou threatened Wang Xing with the same rhetoric that he used to threaten Xu Jingren, and if he didn't sell it, he would spend money on 5Q for promotion.

Wang Xing was also very stubborn, determined not to let go.

But in the end, they still failed to change their fate against the sky. Wang Xing's team was not as lucky as Xu Jingren's team, and there was a hidden boss like Fang Hong behind him.

With the surge of Xiaonei users, the existing server has long been unable to support the huge user base, and the amount of funds is almost broken.

Wang Xing looked for investment institutions everywhere like a headless chicken, but the investors saw that their team had only 14 people and lived in a residential building of more than 100 square meters. They didn't seem to be able to achieve great things at all, so they refused to invest.

If the Quantum Jump team hadn't had Fang Hong, there would be a high probability that they would encounter the same experience as Wang Xing, and no investors would be willing to invest in them.

Wang Xing went around and failed to attract investment, and no one was willing to support them, but the competitor of Xiaonei.com, behind 5Q.com, was Cheng Yizhou’s Qianxiang Group, and another competitor, Zhanzuo.com, had Sequoia. Backed by capital.

In the end, Wang Xing found that none of the investors supported him, and only Cheng Yizhou stood not far away with open hands, waiting for them to surrender and surrender.

Misfortunes never come singly, as time went by, problems within Wang Xing's team also occurred.

It was really unbearable to move forward without attracting investment and carrying a heavy debt burden. Some people wanted to sell and others did not, and the team began to quarrel.

People's hearts are also noisy.

At this point, Wang Xing knew that the general trend was over, and it was useless to persevere. In the end, because he had no money to increase the server and bandwidth, he could only sell Xiaonei to Qianxiang Group with hatred. In October 2006, Cheng Yizhou picked up the big Cheap, won the Xiaonei network at a price of 16 million yuan.

Qianxiang Group has also received US$430 million in financing from SoftBank Group. It is currently undergoing a major overhaul of Xiaonei.com, merging it with 5Q.com, removing the old signboard, and preparing to change its name to "Renren" and promote its listing plan.

Wang Xing, who sold Xiaonei.com, has now founded Fanfou.com, which is now considered a potential competitor of Weibo. Last year, after Wang Xing founded Fanfou, he founded a third social networking site, Hainei.com .

...

On the other side, Fang Hong received a call from Xu Jingren.

"Boss, the boss of Qianxiang Group just called me personally, and he offered 18 million yuan to buy our company." Xu Jingren said on the phone: "I was directly beaten back by me, and he also threatened me if I didn't agree. Give that money to your competitor, Fanfou."

Fang Hong couldn't help laughing and said: "Haha, you may not know that the founder of Fanfou had a feud with him. The year before last, Wang Xing's Xiaonei website was annexed at the price of cabbage. I guess he wants to invest money in Fanfou. Wang Xing may not be a bird of him."

After all, Xiaonei.com has sold more than 10 million yuan, and Wang Xing is not in a situation where he can't solve the problem like he did when he founded Xiaonei.com. And with Xiaonei.com in front of him, investors in the VC world know that Wang Xing can succeed, and when he starts a business again, he won’t be unable to attract any investment like Xiaonei.com back then.

But Fang Hong went on to say: "Of course, there are no absolute enemies in shopping malls, only absolute interests. Whether Weibo and Fan are in a competitive relationship, it is not ruled out that Wang Xing will accept Qianxiang's investment, and those who should be cared about should also be cared about. Don't be a little white rabbit, you have more eyes."

"clear!"

Xu Jingren on the other side of the phone nodded, and then said: "Boss, the financing at the end of the year, is there any problem?"

Just now, he arrogantly sent back the head of Qianxiang.

Fang Hong smiled and said with certainty: "Don't worry, if there is no accident, it will be next week."

Hearing what the boss said, Xu Jingren was immediately relieved, and quickly ended the call.

...

The following day, Wednesday 24 December.

Today’s A-share market continued to fall again. It gapped and opened at -1.25% at the beginning of the session. It fell to -2.43% in the afternoon, and finally closed down -1.76%. The feeling is that 1800 points can't be held.

After three consecutive days of sharp decline, some pessimistic investors even felt that the 1664 point must be broken, and the big A must be pushed to a new start.

Fang Hong is still in a short position, and he does not plan to enter the market this week. If there is no good opportunity to intervene, then he should eat, drink, play and enjoy life.

Today is Christmas Eve, a Western festival.

It was late at night, Fang Hong came out of the bathroom and wiped his hair with a towel.

Just entering the bedroom, when Hexuan saw him coming in, she looked at him with watery eyes and said sweetly and softly: "Tonight is Christmas Eve, I want Apple~~."

"What do you want?" Fang Hong tossed the towel aside and glanced at Hexuan. She is now cosplaying in a Christmas-themed elk outfit and a pair of cute antlers.

He Xuan also met his eyes, looked at him with watery eyes, and immediately said with a sweet and soft smile: "I want Apple..."

Fang Hong said: "Do you want to be burned?"

He Xuan stroked the antlers on her head and said with a charming smile, "On Christmas Eve, you must have an Apple to be romantic..."

Fang Hong felt strange that there was such a link during the Western Festival, but He Xuan really liked Apple when he saw his little girlfriend was so eager for Apple.

...

The following day, Thursday 25 December.

Today's A-share market remained volatile in the red market in early trading, and accelerated its dive in the afternoon, with the largest intraday drop of -1.65%. It rebounded in the last half an hour, and finally the broader market closed down -0.61%, at 1852.42 points.

This week, the A-share market has gone through four consecutive declines. Before the market opened on Monday, investors were still discussing which day this week would break through 2100 points. Although the market has been hammered for four consecutive days, they started discussing today that they will break 1800 points tomorrow. , breaking 1644.92 points next week.

Judging from the latest updates on Fang Hong's K3478 Weibo account, new messages and comments keep wailing, which shows how much stockholders have been hit by the hammer this week, especially when the big negative line poured down on Tuesday and they were directly stunned.

In the past two days, the bottom hunters have also come one by one.

There are also many people who saw Fang Hongfa's latest news that the stockholders who took a break from short positions immediately cleared their positions and ran away when the market opened on Monday.

Right now, the admiration for "God K" by these escaped catastrophe is like a torrent of water. Many fans are now waiting for God K to open a position before entering the arena. If God K does not enter, he will not participate.

...

(Ps: 620 votes, and continue to add more votes to 800 votes, today is the last day of double monthly tickets, everyone hurry up and stud~~)