rebirth from small pockets

Chapter 491 Shall we make a bet?

Chapter 491 Let’s make a bet?

Xu Xing in 1999 was not the investment queen she became later.

Now she doesn't even set up venture capital on her own, but is acting as the head of a certain capital company in China.

When talking about this future investment queen, even Chen Li has to say "convinced".

From a bank teller~ to later an investment queen, this person's experience can be considered a legend.

Since he entered the investment circle, he directly handled the joint venture of a well-known domestic beverage company, and then invested heavily in Ding Sanshi's Wangnan.

The most famous investment case is naturally the later Jingbei Mall.

At that time, Xu Xing had left the capital where he was currently working and founded a venture capital company on his own. He then invested in Liu Dong's Jingbei Mall and made a lot of money.

Although Xu Xing made a lot of money by investing in Liu Dong, she deserved it.

It is said that Liu Dong only wanted to raise US$2 million in financing at first, but after being educated by Xu Xing, he directly gave Liu Dong US$10 million.

Facts have proved that the two million US dollars that Liu Dong originally thought of was pure nonsense, because the 10 million US dollars that this guy received was quickly spent.

After all the money was spent, the global financial crisis hit again. At the last moment, Sister Xu came forward to help Liu Dong attract investment, and Jingbei Mall was completely stabilized.

It can even be said that without Xu Xing’s support, there might not have been Liu Dong’s Jingbei Mall.

In the previous life, some people regarded Xuxing's investment in Jingbei Mall as a classic investment case, comparable to SoftBank's investment in Ali and MIH's investment in Tencent.

In fact, Chen Li feels that Xu Xing's investment in Liu Dong is even more valuable than the latter two.

Because the help Xu Xing gave Liu Dong was completely incomparable to the help the other two gave Ahri and Tengxun.

Of course, SoftBank's help to Ahri may be greater than Xuxing's investment in Liu Dong, but people still want a lot!

At that time, SoftBank helped Ahri bring in one billion U.S. dollars from Yahu. Not only did Ma Xiaoyun give away a large number of shares, but later he almost even lost control of the company.

Therefore, in Chen Li's view, Xu Xing, an investor, is actually relatively qualified.

Of course ~ this is talking about the later investment queen, not the current Sister Xu Xingxu.

As far as Chen Li knew, this person was actually making a mistake, and this mistake was exactly Ding Sanshi's network.

As one of the loyal players of Ding Sanshi's pig factory in his previous life, Chen Li didn't really like Ding Sanshi very much, but he knew Ding Sanshi relatively well.

There was no way~ When Ding Sanshi became the richest man in China, Chen Li was one of the many players who "supported" Ding Sanshi.

At that time, "Legend", the most popular online game in China, was gradually declining due to problems such as private servers, plug-ins, and Shengda Network itself. At that time, Chen Li also happened to achieve the first place in his life in a certain KTV in Yanjing.

promotions.

Then, under the guidance of a female colleague, Chen Li plunged into a game called "Westward Journey" developed by Wangnan, which was not a pig factory at the time.

To be honest, this game was quite fun, and it didn’t require gold at the time. Chen Li could still afford a little bit of credit card money at the time.

Then, Ding Sanshi became the richest man in China. Players in the game at that time said that this guy could become the richest man. Everyone had a lot of credit.

Because at that time, Wangnan relied on this online game "Westward Journey" to achieve a great comeback.

Before the success of this game, Wangnan, which had just been listed on the market, was once in financial crisis, and the entire company was almost sold by Ding Sanshi.

It was precisely because Chen Li was a player in the pig factory at the time that he had a relatively good understanding of Ding Sanshi's fortune history.

The biggest reason why there were so many problems on the Internet at that time was actually related to Sister Xu Xingxu.

To be precise, after Ding Sanshi secured the investment, he asked Xu Xing, the investor's representative, to help find a manager on the grounds that he was not good at management.

In the end, Xu Xing actually helped find someone, even a CEO.

Then~ the original CEO Ding Lei resigned and became the chief technology officer.

But it was this personnel change that directly laid the seeds of trouble for the subsequent network network.

As the representative of the capital side, the new CEO had conflicts with the interest groups to which Ding Sanshi belonged. The two sides were at loggerheads for a time, and Ding Sanshi even wanted to sell Wangnan Company at a low price in anger.

It was also because of the conflicts caused by this incident and a series of subsequent changes that the stock price of Wangnan, which had just been listed at the time, plummeted, even falling below the US$1 mark for a time.

What happened next~Chen Li didn't know the specific situation, he just knew the result.

Ding Sanshi came back to power, Wangnan returned to the era of Ding Sanshi, and then Wangnan became more and more deceitful.

In fact, to be honest, for a long time in his previous life, Chen Li admired this guy Ding Sanshi.

Especially as an ordinary player at that time, Chen Li looked down upon the copy-and-play method of many domestic online game companies.

At that time, Wangnan was one of the few companies in China that insisted on developing its own online games, so Chen Li once thought that Wangnan and Ding Sanshi were pretty good.

Then Chen Li fell into the big pit of the pig factory.

In the goose factory, I spent money to be a father, but in the pig factory, only those who spent money can call Ding Sanshi daddy.

This kind of operation was really irritating. From this moment on, Chen Li didn't like Ding Sanshi and his pig factory very much.

Mainly because it hurts!

But it is precisely because he has been a pig factory player for so long that Chen Li is familiar with Ding Sanshi's past.

Therefore, when Xu Xing helped Ding Sanshi find managers recently, Chen Li had no idea of reminding him.

Xu Xing, who was now far less mature than he would later be, had no idea what kind of consequences a CEO representing the employer could bring to a company.

Therefore, at this moment, Chen Li is waiting for Xu Xing to bring a CEO to Wangnan who will later cause problems for Wangnan, and then he is ready to take this opportunity to make a fortune.

What Chen Li never expected was that Chen Li was planning to target Wang Nan two years later. As a result, Wang Nan was already targeting him.

NetNan in 1999 was not the pig factory it became later.

At present, the two major industries of Wangnan are its mailboxes and the portal website of Wangnan.

In the current domestic Internet industry, the three recognized portals are Jiulang ~ Sohu and Wangnan.

As for portal websites, what do you value most?

In today's terms, it is the number of visits! From Chen Li's understanding, it is actually traffic.

But at this moment, Chen Li held a traffic-oriented super weapon in his hand, that is,

hao123!

In the previous life, hao123 in 1999 could only be considered average, but now hao123 has become the recognized first choice for navigation in the industry.

In fact, more than one company is eyeing hao123, including Jiulang, Sohu and many other Internet companies, all of which have their sights set on hao123.

But other companies are currently just thinking about how to cooperate with hao123, but this network is the only one that wants to acquire hao123.

This is also the reason why Chen Li had been avoiding Xu Xing before.

Because as an investor in Wangnan, Xu Xing has recently been thinking about arranging a marriage between Chen Li's hao123 and Wangnan.

In Xu Xing's view, the cooperation between Wangnan and hao123 can be regarded as a strong alliance to learn from each other's strengths and offset their weaknesses. The benefits brought by the combination of the two are definitely far greater than the effect of 1+1=2.

Speaking of which, Xu Xing is indeed very discerning, and Chen Li also believes that if hao123 cooperates with several major portals, the results will definitely exceed many people's imagination.

But the problem is that what the other party wants is not cooperation, but acquisition, which makes Chen Li very depressed.

Because hao123 in 1999 has not reached its peak at all.

To put it bluntly~ Although hao123 at this time is developing more smoothly than in the previous life, it really depends on the value alone. Hao123 at this time is not worth much at all.

It’s not that hao123’s development is not good enough, but that the domestic Internet development was not in place at this time in 1999.

In the previous life, hao123 was sold in 2004, but now it is 1999.

The past five years have spanned not only time, but also the development of the entire Internet environment.

This point is clearly reflected in the price Xu Xing offered to Chen Li on behalf of Wangnan.

Xu Xing, on behalf of Wangnan, made a bid for hao123 to Chen Li. It was only 10 million.

It makes sense~ Based solely on Chen's reasoning, this quote is not low for hao123's investment.

After all, Chen Li had planned everything. It had only been less than a year since Chen Li started running this website, and the amount of manpower and material resources invested during this period was not much.

In less than a year, I was able to earn nearly 10 million in profits, which was somewhat of an extraordinary thing in the Internet industry in 1999.

You must know that although the Internet is booming these days, 99% of Internet companies simply cannot meet the profitability standards.

Even many so-called Internet companies actually just have an Internet name.

Therefore, Wangnan can offer hao123 a "high price" of 10 million, which seems to be very fair.

But~ others don’t know it, but Chen Li knows it very well.

Let alone 10 million, even if it is 50 million, Chen Li will not sell it at all.

It is true that hao123 actually has an upper limit due to its model, but this upper limit is actually not unexplained.

The so-called upper limit actually refers to hao123’s profit model.

Before hao123 was sold in its previous life, its annual operating income was close to tens of millions.

And this is basically the upper limit of the bottleneck of hao123.

After all, hao123 is just a static navigation URL. No matter how you play it, it is actually very difficult to make fun of it.

But ~ this is just because the value of "traffic" at that time was far less than it was later, so the upper limit of hao123 seemed a bit low.

But when hao123 came into Chen Li's hands, he knew exactly what the huge traffic of hao123 meant.

Yes~hao123 may not perform so well in terms of generating income.

But in fact, the real role of hao123 is not to generate revenue at all, but to divert traffic.

At the peak of hao123 in its previous life, nearly 30% of the traffic of major domestic portals came from hao123.

If anyone can completely master the traffic password of hao123, I dare not say that I can directly defeat other competitors, but at least open a certain gap, it will definitely be appropriate.

And this gap, for those large Internet companies, the previous gap is far beyond what the revenue created by hao123 itself can represent.

So Xu Xing offered Chen Li a high price of 10 million, but Chen Li ignored him at all and even deliberately avoided him.

It's just that, in Xu Xing's opinion, Chen Li's behavior may be that he is not satisfied with the price, but it is more likely.

"Xiao Li~ We are fellow villagers~ Please tell me the truth."

"Have other companies approached you?"

Xu Xing is from Shancheng, and Shancheng people of her age are still used to thinking of themselves as Sichuan people.

And in the process of communicating with Chen Li, she always likes to play the fellow card with Chen Li.

It's just that neither she nor Chen Li basically accept the so-called fellow cards.

But even so, fellow villagers are still an important factor in bringing the relationship closer between the two parties.

So regardless of whether it is useful or not, there should be no harm in using it once.

"Sister, let me tell you the truth!"

"Currently, the only ones who want to acquire hao123 are you, Wangnan."

"Other Jiulang and Sohu are just cooperating with us."

"But~ I advise you to give up this idea, because I really have no intention of selling hao123."

Chen Li didn't want to follow Xu Xing's ink, mainly because there was no need.

Moreover, Moji, a professional manager like Xu Xing, is simply making himself uncomfortable. After all, when it comes to business negotiations, Ten Chen Li is probably no match for Xu Xing.

"Xiao Li~ Don't refuse in a hurry."

"Let me tell you first~ We are fellow villagers, and I will definitely not trick you."

"Regarding the acquisition of hao123, I think it is actually a win-win opportunity for you and Wangnan."

"I believe you should also be very clear that websites like hao123 are not irreplaceable."

"Although hao123 is currently the best among websites of the same type, the competitiveness of this type of website is relatively small."

"If~I mean if~once your hao123 has some strong competitors."

"Or maybe some big companies with strong capital come forward and want to build a similar website."

"No matter which point~ I believe it may be a very serious blow to you hao123."

"So Xiaoli~ listen to my sister's advice."

"Taking action at the right time is actually the wisest choice."

"Don't get me wrong~ Xiaoli, I'm not saying that you have to sell hao123 to Wangnan to be a wise choice."

"I'm just giving you a reminder."

"I actually don't know much about the Internet, but I have asked some professionals and they all think that with hao123's development model, it is actually very easy to be beaten by competitors."

"Ahem~!"

Xu Xing has been persuading Chen Li here, and Chen Li actually heard it. Sister Xu seems to be really thinking about herself.

But this is normal. After all, Chen Li and Xu Xing didn’t get to know each other because of hao123.

Hao123 aside, Chen Li's status as a red pony shareholder and technical consultant is the reason why Xu Xing values him.

But Chen Li couldn't help but interrupted Xu Xing's persuasion because he really couldn't listen anymore.

Those professionals Xu Xing talks about know nothing!

"Sister, let me tell you everything!"

"Actually, hao123 is not for sale to me."

"But~ I just want to say one thing."

"You guys~ The value of hao123 cannot even be described as underestimating!"

"Sister, why don't we make a bet?"

"It just so happened that Wangnan stopped renewing with us, so in the next month~ I will let hao123"