Rebirth of the Age of Wealth

Chapter 516 Excellent Genes

After Li Weidong finished speaking, the conference room was quiet. None of the three Internet CEOs and even two chairman of the board of directors spoke.

They had known Li Weidong for a short time and had even less contact. Strictly speaking, today was the second time, and their knowledge of Li Weidong was only gained at some small gatherings.

Even the "predecessors" who taught them this knowledge didn't know much about Li Weidong, and acted more like a "setter", selling information they got from elsewhere.

But generally speaking, according to the information they received, Li Weidong is a man of his age who has huge wealth, an easy-going personality, and is generous to others.

But Li Weidong's opening remarks today somewhat subverted their cognition. When there is a conflict between cognition and reality, you might as well stop and smoke a cigarette and drink a cup of coffee to buffer yourself.

But none of the three smoked, and no one touched the coffee in front of them. They were all frowning and thinking deeply about Li Weidong's words.

The three of them did not believe Li Weidong's threat, although Li Weidong's financial resources were very mysterious to them, far more than what was announced on the rich list.

But the exposed tip of the iceberg made them have endless reveries. Now Li Weidong is sitting here openly, and to a certain extent, he has also acknowledged the relationship between Jingwei Investment and him.

The Internet is an industry where "fast fights slow, slow fights late", and the theory of "fast, slow, late" cannot be separated from the support of capital.

The portal website that has just been established less than half a year ago and their potential competitors is the most realistic example.

With the capital support of Li Jiacheng, the richest man in Asia, it was able to be listed on Hong Kong Island openly without any market position.

And this company, which has nothing in their eyes, not even users, raised a total of HK$876 million in its public listing at the beginning of the month. It was oversubscribed 800 times despite heavy rain, setting a new financial crisis.

records since.

When comparing the data of NetEase, Sina, Sohu, and TOM.COM, they are several orders of magnitude higher than that of TOM.COM.

One of the largest portal websites in mainland China, it has nearly 10 million registered users, several million daily active users, and tens of millions of daily web page clicks.

Even so, Sina, the largest among them, has companies in several places around the world. In the end, the funds raised were less than 200 million US dollars. Although the amount is more than TOM.COM, the frustration of this comparison is still very high.

strong.

Efforts fail to capital!

This is the power of capital. Everyone knows that this is a company owned by Hutchison Whampoa, the company of the richest man in Asia. How could it not make money, so investors are willing to subscribe.

During this trip to the United States, the three of them met countless investors active on Wall Street, and no matter how slow they were, they understood the charm of capital.

Domestically, Jingwei Investment is capital in their eyes, so Li Weidong's threat made them feel the pressure.

What makes them feel the pressure is not just that, but also another sentence from Li Weidong: This cake is so big that you can't imagine, and there will even be many great companies.

The combined market value of the three companies is almost more than 4 billion U.S. dollars, totaling about 30 billion yuan, but they have filtered all the companies in their minds.

Including Alibaba, which Li Weidong invested 100 million US dollars in front of them last year, is still in the same state now, and there is no sign that he has become a market value of 30 billion.

But what Li Weidong said was conclusive, and they couldn't guess which company it was. It would be embarrassing if they kept guessing and couldn't guess!

This makes them yearn for and fear at the same time. The yearning is that they still have a lot of room for development, and the fear is their instinct for the unknown.

Wang Zhidong was the first to ask: "Chairman Li, is there any chance that China's Internet industry will reach the level of the United States?"

It seems like he is asking, but he is actually questioning the extent of the development of the Internet in the United States. Everyone knows that there are dozens of companies with a market value of over ten billion US dollars, and some with a market value of hundreds of billions.

Only when China's Internet industry reaches the level of the United States will the situation mentioned by Li Weidong occur.

And at this stage of development, could it be that they have stagnated and will not develop and grow?

After all, in their perception, the only ones that can compete with them are the three of them. Even a company like China.com, which has far more financing than them and has an extremely deep background, can only take second place.

This is also the reason why they dare to go to war with each other. Only by competition can we develop. Only by seeking development in competition can we develop rapidly.

Li Weidong glanced at Wang Zhidong and said with certainty: "There will be no chance in twenty or thirty years!"

The three of them looked at each other and sighed in their hearts. Li Weidong's determination made them convinced, but which company was Li Weidong talking about that surpassed them?

"Chairman Li, what is the way out for portals?" Zhang Chaoyang asked. This is also a question he has been thinking about recently. Pure portals no longer work.

Li Weidong smiled and said with a hint of helplessness: "This is an issue that you professionals should consider, but there is no way out for portals that simply do search and navigation!"

"The future portal should be based on providing news and search engine services, and collaboratively develop other services, such as online media, instant messaging, free email, audio and video information, e-commerce services, wireless value-added services, interactive communities, online games, free

A comprehensive website integrating web space and more!”

“The purpose of all these is to attract users, improve user experience, and retain users as much as possible, and only then can we consider making profits!”

Although what Li Weidong said was very broad and what later generations saw from these portals, it made a few people suddenly realize it.

Li Weidong seemed to have opened a door for them, allowing them to suddenly realize that the problems they had been thinking about before suddenly had a direction.

Several people began to discuss it heatedly.

Why should email be free?

What is the model of wireless value-added services?

What is the difference between an interactive community and a free web space?

In e-commerce, is Amazon's model superior, or eBay's model with development prospects?

As the discussion deepened, these CEOs with technical backgrounds seemed to have forgotten their identities and began to argue fiercely!

Li Weidong stood at the window of the conference room and looked out, ignoring the discussions of several people. Besides, he didn't understand these things. He knew it was the result. Now that he had told them the result, it had saved them a lot of detours.

He remembered that in the near future, since e-mail addresses will be compulsorily charged, if you don't pay, they will either become unusable or have reduced space. Isn't this nonsense? You are going crazy thinking about money!

I don’t know why, but now Amazon seems to be suddenly unpopular. Many so-called professionals have begun to question whether Amazon’s business model has fatal flaws.

On the other hand, people are beginning to advocate that eBay's model is a better e-commerce model in the future.

To this end, experts from various parties have launched heated discussions in the media.

Li Weidong just smiled at these discussions. He owns 30% of Amazon's shares. These shares are enough to make him the world's richest man in twenty years.

Do you think Amazon’s model is wrong?

It was getting dark outside, but the discussion in the conference room was still intense. Now it was no longer about the direction of the discussion, but about the possibility of implementing the technology.

These contents are obviously a bit too much for Li Weidong, and also a bit beyond the scope of the forum for three CEOs from different companies.

Li Weidong knocked on the table. When the three of them heard the movement, they turned around and saw that it was Li Weidong. Then they realized that they were a little out of control. They smiled awkwardly and sat down in their seats.

Li Weidong said with a smile: "The discussion was very intense. It can be seen that today's seminar was held well."

"It's great to have this momentum. Our business is unprecedented and unpredictable. It is said that every three months is a new era and half of the companies will be eliminated."

"But no one can tell you in advance how to avoid making mistakes, so if you want to survive, you have to make fewer mistakes and fewer big mistakes in the direction, otherwise you may be eliminated."

"Your role is to be a pioneer. Your focus should be on how to avoid making big mistakes and remain forward-looking in this industry."

"So, you must abandon the mentality of programmers and transform into managers, entrepreneurs, and even strategists!"

Li Weidong's criticism made the three of them blush slightly and feel a little embarrassed. It was indeed not what people of their status should have done just now!

"In addition, I would like to remind everyone one more thing, winter is coming, you need to put on some autumn fat. Even if you can't put it on, don't lose weight!"

The embarrassment they had felt just now has disappeared, and they have thoughtful expressions on their faces. Considering that there have been more and more voices calling short technology stocks in the market recently, the credibility of this judgment seems to be very high.

And they couldn't help but not believe what Li Weidong said. Of course, even if they believed it, they wouldn't have imagined how miserable it would be in the future. The stock price dropped by 90%, and the company's cash flow was more than the market value.

"I won't go into too much detail. As I said before, you must first think about making the cake bigger, and don't think about it all. The Chinese market is not, and it is impossible for any one company to be able to eat it!"

Li Weidong stood up and invited: "Well, it's time to get off work now, I'll invite everyone to have dinner together!"

"Director Li, you are too polite. We should treat you when we arrive in the capital!" Several people said politely.

Li Weidong smiled and said: "I'll invite you, so that you won't have to waste your time!"

The three of them wanted to say something else, but Zheng Sijing said: "The chairman treats us to dinner with peace of mind. If it were anyone else, he would be suspected of being soft-spoken by others!"

The three of them thought about it for a while and felt that this was reasonable. No one was short of a meal, but it was not good to ask anyone to treat them. Whoever invited them would have two more pairs of chopsticks on the table.

Only Li Weidong paid the bill, and there was no spare pair of chopsticks on the table.

Zhang Chaoyang still fulfilled the home court etiquette and opened the door of the conference room before Zheng Sijing, letting Li Weidong and his party go out first.

Several people came out, alarming the subordinates who had been waiting in the conference room next to them for a long time. They walked out of the conference room with a huff, and then started looking for their boss!

Zhang Chaoyang, Ding Lei, Wang Zhidong and their colleagues gave a few brief instructions and then left with Li Weidong.

While waiting for the elevator, Li Weidong's phone suddenly rang. He took out his home number and looked at the time. His wife and children should be at home at this time.

After picking up the phone, before Li Weidong could speak, he heard his daughter's crisp voice: "Dad, didn't you say you would come back today? Why didn't you come back when it got dark? I miss you so much?"

Li Weidong took two steps to the side, a little farther away from the crowd, and then said softly and tenderly: "Dad misses you too, but dad still has work and won't be able to go back for a few days!"

"Liar!" Li Rui muttered softly.

Li Weidong still wanted to comfort this warm little cotton-padded jacket, but he heard Liu Jinhui's voice inside, "Whose phone number is it?"

"Dad called. He said he would come back in two days!" Li Rui explained, and then whispered to Li Weidong, "Dad, don't forget my toys, I'll hang up first!"

Li Weidong listened to the blind tone on the phone and felt something was wrong. Did he miss me? Did he miss the toy she left in the hotel? This little cotton-padded jacket also had some leaks. Li Weidong smiled and shook his head!

When Li Rui left the capital with Liu Jinhui, a small box was left at the hotel. He found it when he arrived at the airport. It was obviously too late to go back to get it. Li Weidong went back in a few days and promised to take it with her.

I've never forgotten this thing!

Li Weidong looked back at Ding Yuan and ordered: "Old Ding, see if there is a flight or train back to Qizhou tonight, and send the small cartoon suitcase in the room to my house first!"

My daughter’s little wish must be fulfilled. When she wakes up tomorrow morning and sees that her toys have arrived at home, she will be very happy. Can she start a happy day?

Ding Yuan was stunned for a moment, with a slightly stunned expression on his face, then nodded and said, "Yes, I'll make arrangements right away!"

"Li Rui's?" Zheng Sijing asked with a smile.

"Yes, I have been thinking about her for several days. I thought I could bring her back today, so I won't call to urge her!" Li Weidong said with helplessness, but the doting on his face could not be concealed at all.

When several people saw Li Weidong's expression, they all smiled heartily. It was rare to see such a tender side of Boss Li.

Li Weidong looked at them and was not worried. He smiled and said, "Don't laugh either. You will know when you get married and have children!"

Then, Li Weidong patted Zhang Chaoyang, who was taller than him, and said: "And you, Zhang, you are now a diamond king. There are a lot of people who have thrown themselves at you, right? You don't like anyone?"

In his previous life, he was a restless man who indulged in debauchery. I don't know whether he had sex every night and harmed fellow female compatriot Li Weidong. Anyway, there was no news of getting married in his fifties or sixties.

Seeing Zhang Chaoyang's face turn red, he might be a little embarrassed, but Li Weidong didn't let him go. People who don't get married are too unstable and the variables are too great, so they can't be trusted.

"The elders at home didn't urge you to find a partner. How can you pass on the excellent genes of your MIT PhD? Also, if you think about making so much money, who will you spend it on in the future?"

(End of chapter)