Rebirth of Hong Kong's tycoons, shorting Eagle Sauce

Such a resounding answer made the leaders applaud Ren.

They saw the pattern of a national entrepreneur. UT regarded Longwei as a mortal enemy, but Longwei had already set his sights on the international arena and wanted to fight with international giants.

One leader sighed: "The road ahead is not easy."

Which of Motorola and Ericsson is not worth hundreds of billions of dollars.

Regarding the response made by Longwei and Sanshi, the leaders of the information department briefly exchanged opinions and made a decision:

"Developing the FreePass business meets the needs of our current era. Our attitude is not to encourage or interfere. Of course, if the qualifications of Longwei and Sanshi meet the standards, we will issue a mobile phone production license!"

In terms of qualifications, Longwei definitely has no problem.

Not encouraging or interfering means that Longwei can do the FreePass business and discuss cooperation with local telecommunications bureaus.

The matter came to an end.

Wuyin heard the news with tears in his eyes.

The good news is that Xiaolingtong, which uses cellular technology, has finally been freed from restrictions and can develop as it pleases.

The bad news is that Xiaolingtong has a powerful rival, and with the media exposure, the public prefers the 100% domestically produced Xuxintong.

Xiaolingtong is burdened by its "reputation", and if someone brings up the past in the future, it will definitely be resisted by the public.

He even thought of asking Boss Sun to withdraw his investment.

But Boss Sun's money is not something you can take or withdraw whenever you want.

Most of Boss Sun's 30 million investment was used to purchase the technical patents of Sakura Man, so this deal is a loss no matter how you calculate it.

There was naturally a cheer inside Longwei, and Li Nan, who was far away in the Shanghai laboratory, also heard the news.

His mind moved slightly, Longwei could also produce its own mobile phones!

He finally had an answer to the question that President Ren threw to him.

...

A cutting-edge Ferrari sports car stopped at the Shenzhen East Gate Pedestrian Street.

In the past, there were only some small stalls and vendors operating here, but after the transformation of Wang's Real Estate, it has become the largest commercial center in Shenzhen.

Liu Jianhao trotted to open the car door for Wang Lei.

"Boss, it is really a great honor for you to come and cut the ribbon for our newly opened Wumart Shopping Mall."

Looking at Liu Jianhao who had gained weight again, Wang Lei teased:

"Only you, Fatty Liu, have this ability. You want me to come and cut the ribbon in person for a new store."

Liu Jianhao smiled embarrassedly:

"Boss, I was also entrusted by someone. A friend wants to talk to you."

"Is it Wang Zhidong you mentioned before?"

"Yes, boss, since you are here, you must be willing to meet him, right?"

Wang Lei nodded. It took him a long time to remember who Wang Zhidong was.

The founder of ForeLang.com, he took ForeLang.com to go public in America against the wind in April 2000, and the stock price once reached 50 US dollars per share.

As the first person to go public in the United States, Wang Zhidong was once as famous as Ding Lei, the pig farmer.

But his highlight moment was very short.

Not long after, the Internet bubble in the United States burst completely, and the share price of Forewave fell to 1.6 yuan per share, becoming a junk stock. It became a brother in distress with NetEase, which was fighting to defend its one-yuan stock. The two companies were on the verge of being delisted.

In June 2001, Wang Zhidong was collectively removed from the board of directors and lost his position as chairman.

Looking back now, Wang Zhidong's experience is tragic. He is an idealist and has always wanted Forewave to become a high-tech software company.

The existence of capital is to pursue interests. They hope that Sina will become an Internet portal.

Originally, he was not a major shareholder. After several rounds of financing, 20% of the shares were diluted to 6%, which made him lose control of Forewave.

He also did not have Mr. Ma's ability to check and balance shareholders from all sides, and was boycotted by all shareholders, and even his subordinates did not support him.

Of course, at this time, Qianlang was not called Qianlang, but Sitonglifang.

The reason why Wang Zhidong looked for Wang Lei was also very simple. He must want a financing from the White Dragon Consortium.

After the ribbon-cutting ceremony, Wang Lei did not accept media interviews, but came to the office of the general manager of Wumart Shopping Mall.

A group of staff members were extremely nervous when they saw the big boss.

To be honest, Wang Lei is the boss of their boss's boss.

As for the general manager of this shopping mall, he naturally stood guard outside the door while the big guys talked about things.

"Zhidong, nice to meet you."

The first generation of Internet founders in Longguo are all emotional. He hurriedly shook hands with Wang Lei as if he had seen an idol.

Before he sat down, Wang Lei, who was sitting in the boss chair, asked:

"Are you Sitonglifang looking for new financing parties?"

WangZhidong nodded. Before the meeting, he received a reminder from Liu Jianhao that this big guy doesn't like to talk nonsense and likes to be straightforward.

He didn't hide it from Wang Lei and said frankly:

"We plan to acquire the largest Chinese community website in North America, and we need a large amount of funds."

"Okay, no problem, you can talk to Li Qilin directly about the specific matters of financing."

Wang Zhidong was stunned. He didn't expect that all the words he prepared would be useless. Was the big guy too decisive?

Wang Lei smiled and said:

"I am very optimistic about Sitong Cube. You are a very good person. That's enough."

The most profitable business of Qianlang is naturally Qianlang Weibo, which was created later. It kicked Penguin Weibo.

When Penguin was at its peak, it defeated its seed product head-on.

After Qianlang Weibo went public, its stock price rose all the way and became Qianlang's most impressive product.

Then the two sides talked about their insights on the Internet.

Wang Zhidong admired Wang Lei more and more for his eloquent speech. The largest individual investor in Silicon Valley was simply his best mentor. Wang Lei could quickly enlighten him with the questions he raised, which made him suddenly enlightened.

Before they knew it, they talked about the issue of controlling shares.

Wang Zhidong said frankly:

"When Sitong Group decided to invest in me, I hesitated. The 5 million investment took away 80% of my shares. It is very dangerous to have a single majority, but I have no more choices, so I have been constantly attracting new shareholders to join the board of directors in the past few years..."

Wang Lei could not help with this, and only said:

"Zhidong, for a startup company, giving 10% for the first round of financing is the best choice. 20% is dangerous. After financing again and again, the founder's shares will be greatly diluted, and he will lose control of the company."

"What should I do now?"

"You must be careful with every financing in the future. You must find a capital party that unconditionally recognizes you. Only in this way can the board members check and balance each other."

Wang Zhidong nodded repeatedly after listening to this, and he promised:

"Please rest assured, Mr. Wang, I will look for you for every round of financing in the future."

Hearing this, Wang Lei nodded with satisfaction. This is the attitude of Wang Zhidong that he wanted.

Who would give up the opportunity to control the former Weibo?