Rebirth of the Wild Age

The second "Song Weiyang Charity Dinner Auction" started again, but this time imitating Buffett's charity lunch, it was changed to a public auction on the Internet.

After hearing the news, both Ding Sanshi and Zhang Chaoyang called in person, hoping that NetEase and Sohu would host the auction.

Song Weiyang suddenly had a hard time making a choice, feeling that it would be bad to agree to anyone, so he handed over the auction to Yunwang.

Under Song Weiyang's strong suggestion, Joyo.com negotiated with Yunwang for more than half a year, and finally reached an acquisition agreement in early November. Joyo invested 120 million yuan to acquire 90% of the shares of Yunwang. After the transaction is concluded, Zhu Zhigang, the founder of Yunwang, will continue to serve as CEO and vice president of Joyo, and will also receive 1% equity incentives from Joyo.

The headquarters of Yunwang is in the capital. On the second day of recording "High-End Interview", Song Weiyang even took time to summon Zhu Zhigang.

Zhu Zhigang is quite interesting. After graduating from Beijing Institute of Technology, he was assigned to a subsidiary company of the Ministry of Aeronautics and Space. After only one year of work, he resigned and went to the sea to develop e-mail and system integration for private companies.

As we mentioned earlier, the first Internet cafe in the true sense in China was Shihuakai, whose owner Zeng Qiang dominated the Internet industry in China. And when Shihua opened an Internet cafe, Zhu Zhigang also had a small amount of shares—Zeng Qiang was in charge of investment and ideas, and Zhu Zhigang was in charge of actual work, which can be regarded as a shareholding with technology and labor.

After Shihua opened an Internet cafe and got on the right track, Zhu Zhigang took the money to start his own business. His entrepreneurial project is e-commerce, but he does not sell clothes or computers, but specializes in selling ip phone cards online, and then expands his business scope to virtual props, game point cards, etc.

Giants such as Netease and Sohu saw that this thing is very profitable, so they also set up related businesses, investing huge sums of money to build websites, specializing in selling various cards.

However, the Financial Street website invested 10 million and was prepared for three months, but it closed after only three months. Netease and Sohu invested tens of millions of yuan in crazy publicity and promotion, and hired senior artists to make the website beautiful, but they both gave up after only nine months. Only Zhu Zhigang's Yunwang, with its extremely rough pages and poor publicity funds, has survived the competition of these big websites, and now it has occupied more than 90% of the market share.

In this way, we can understand why the asking price of Yunwang is so high. In the era of collective losses of e-commerce websites, Yunwang has achieved continuous profitability as early as 2004.

Song Weiyang also planned to allow Yunwang to adopt Alipay. Who knows that during the acquisition negotiation period, Zhu Zhigang launched the "Payment@网" system quietly-Yunwang actually started its own payment system, and cooperated with the four major domestic banks, China Merchants Bank and Minsheng Bank have reached a cooperation agreement.

In another time and space, the decline of cloud network is related to business philosophy.

Zhu Zhigang's e-commerce business was influenced by 8848. As a result, 8848 was coerced by capital, and the founding CEO was forced out by shareholders. Now he has become half dead. The lessons learned from the past have made Zhu Zhigang deeply afraid of capital, which has led to the lack of expansion funds for Yunwang, and can only circle around on that one-acre three-point land.

With the central bank's supervision of online payment becoming more and more stringent, the small cloud network cannot obtain an online payment license and cannot continue to carry out business, and finally announced its closure.

Zhu Zhigang later became an angel investor, invested in technology companies everywhere, and was one of the co-founders of the Onion Fund.

What surprised Song Weiyang was not only that Yunwang had launched a payment system, but it was also developing towards a c2c platform. Merchants who sell cards can register as members of Yunwang, and Yunwang earns commissions from it. This business has even begun to make profits.

Judging from the brief contact, Zhu Zhigang is still very capable. The only shortcoming is that the business structure is not big enough.

And Zhu Zhigang is proud of himself these days, and sold 90% of the shares in Yunwang. Although he distributed a lot of money to his partners, it also made him a multi-millionaire all of a sudden. Moreover, he also retained the position of CEO of Yunwang, served as the vice president of Joyo, and was even summoned by the chairman Song Weiyang, as if he had reached the pinnacle of his life.

Zhu Zhigang attached great importance to the auction of the charity dinner and was personally responsible from the beginning to the end.

At 7:45 in the evening, Zhu Zhigang typed a line of text in advance - "The auction begins!", and sent it out on time at 8 o'clock.

Then there was an embarrassing scene, and the subordinates panicked and shouted: "Mr. Zhu, the server is about to collapse!"

"Why did the server crash?" Zhu Zhigang asked.

With a constipated expression on his face, he replied: "It was fine before, but just now, a large number of users suddenly registered. If this continues, the server will definitely be crushed and collapsed!"

Due to the delay in accepting financing, Yunwang's funds have been very tight. Zhu Zhigang had no choice but to plan carefully. He even adopted a zero-inventory strategy when he was an e-commerce company, and even allowed the company’s funds to be transferred 52 times a year. The earliest servers of the cloud network were used to play "Shan Hai Jing". ten thousand yuan.

After being acquired by Joyo.com, although it received a capital injection, Yunwang is still responsible for its own profits and losses, and it is still a set of careful calculations.

Zhu Zhigang also guessed that the auction of Song Weiyang's charity dinner would greatly increase the traffic of the website, so he gritted his teeth and set up three new servers worth 200,000 yuan. Unexpectedly, before the auction started, the server was about to be crushed, which made Zhu Zhigang stand there at a loss.

what to do?

This is the chairman's charity dinner auction!

On the other side, there was the press conference site. The offline event was hosted by Hurun, and many reporters and wealthy bosses were invited. These local tyrants can participate in the auction on the spot. Every time they raise a placard, the staff will input it into the computer, and the reporters will watch the whole process.

The on-site press conference started as early as 7:20, and Hurun made a lot of nonsense. Finally, he looked at the big screen and said: "Guests, friends, ladies and gentlemen, the exciting moment is coming. Song Weiyang Charity Dinner Auction..."

Suddenly, a staff member ran up and leaned into his ear and said, "Mr. Hurun, there is a problem with Yunwang."

"What's the problem?" Hu Run asked.

The staff said: "It seems that the website has crashed. All the accounts we registered for the rich people on the scene have been stuck just now. After logging out and logging in, we can't log in anyway."

Hu Run: "..."

Both Hurun and Zhu Zhigang underestimated the influence of this auction.

This is not only a charity dinner auction for the richest man in China, but also the first nationwide large-scale online auction held in China. They all used the data of Buffett’s charity lunch online auction as a reference before. Who knows that we Chinese prefer to watch the excitement, and the number of participants and onlookers are more than 10 times that of the United States!

It's also due to Hoogewerf's strong publicity and the spontaneous cooperation of the national media. This auction has become well known to everyone.

Many netizens even stopped playing games, and the entire trade union got together and went to Yunwang to join in the fun. Then they discovered that Yunwang actually sold point cards and various game props, so they registered accounts and went to the store one after another, and many players took the opportunity to buy a few orders.

Netizens who don't play games also stopped chatting on forums, and some even planned to participate in the auction. Anyway, as long as you pay a deposit of 1,000 yuan (refundable) and fill in your identity information, you can participate in the online auction. I don’t want to mention whether it can be photographed, but as long as you participate in it, you can brag to others later. Among these people, there are quite a few people who buy Internet cards and phone cards on the cloud network, because it is cheaper than buying offline.

What made Zhu Zhigang speechless the most was that most of these netizens flooded in more than 10 minutes in advance, leaving him little time to react.

Hu Run hurriedly made a phone call: "Mr. Zhu, what's going on with you?"

Zhu Zhigang said: "There are too many visitors to the website, and the server is not enough. I am trying to solve it."

"Please do it as soon as possible!" Hu Run wanted to scold her.

The scene of the press conference was already noisy, and everyone in the audience was talking about it, and everyone guessed that something unexpected happened.

Hurun still kept a smile on his face, holding the microphone and said: "Because the netizens are too enthusiastic, the cloud network has been overwhelmed, so the auction time will be postponed. Let's have an on-site interaction first..."

The Internet has already turned upside down, and all major forums are making complaints about it. As a result, more netizens are attracted to watch.

I don't know how Zhu Zhigang did it. Anyway, after an hour, the cloud network can log in normally again, but it seems a little stuck, and the functions such as message and customer service are temporarily unavailable, and new account registrations are no longer accepted.

The online starting price is very low, only 50,000 yuan, and the minimum price increase is 100 yuan each time.

There are quite a few booing bids, especially when the price is less than 1 million. They all know that it is impossible to bid successfully at this price, so just increase the price casually.

Finally, a local tyrant got impatient and directly asked for a price of 1.5 million yuan. Now netizens finally dare not mess around. What if they continue to increase the price and somehow succeed in the auction? They paid a deposit of 1,000 yuan and signed an online auction agreement. When the time comes, the 1,000 yuan deposit will not be refunded.

This thing is more interesting than live auctions. Countless netizens sit in front of the computer and watch the bidding prices keep jumping up.

So exciting!

Forums, chat rooms, qq groups, and game chat channels are discussing the auction situation everywhere.

"Oh my god, it's too scary. Now the bidding price has exceeded last year's 1.68 million. There are so many rich people!"

"Damn, it's only been a minute, and it's already increased from 1.7 million to 1.8 million."

"Dr. Ma 666666, someone has bid 2 million!"

"What is Dr. Ma, Mr. Song."

"Dr. Ma has a sense of intimacy."

"Two million for a meal is really a waste of money. Buffett's lunch is not so expensive."

"The more expensive the better, anyway the money is used for charity."

"Every day, every day, someone directly shouted 3 million!"

"Really? I'll go and see."

The figure of the online auction was finally fixed at 3.88 million yuan, more than double the auction price of last year, and about 1 million yuan more expensive than this year's Buffett charity lunch.

Moreover, this year's auctioneer is very high-profile, and is directly interviewed by the media on the spot. This person said: "I admire Mr. Song Weiyang very much, but the fundamental reason that prompted me to take pictures of this dinner is that I think that Mr. Song Weiyang and I belong to the same kind of people. Mr. Song likes to watch "Selected Works of Mao", and I also like it." Read "Selected Works of Mao" and use "Selected Works of Mao" as a business guidance book. When Mr. Song and I have dinner, we will not talk about any business content, but only discuss with him about the understanding of "Selected Works of Mao"!"