Reinventing the Millennium

In early October, the Internet company Guohao.com received widespread coverage.

Talking about innovation, it has the aspect of information construction.

Talking about vitality, its private elements are in line with the times.

When it comes to honors, honors prefixed with the word "国" are awe-inspiring.

Talking about individuals, the company boss can go to the show and win the championship.

Guahao.com is an all-encompassing existence, allowing various media to source their own materials. Moreover, although the subsidized price war is limited to two cities, it is also talked about. There is a portal that is dedicated to sorting out the process of this price war.

On October 7, the last day of the National Day Golden Week, "Reference News" published an exclusive interview with Fang Zhuo on its website.

This report was quickly reprinted in the financial sections of several major portals, in which Fang Zhuo, a young entrepreneur, spoke highly of him, saying that he was "the most surprising entrepreneur in 2001" and "the most high-spirited Internet company president in 2001" ".

However, just as this report was gradually being seen by more people, Guahao.com quietly published a pinned announcement on the website on the evening of the 7th.

——"Actively promote the healthy development of the online medical industry and explore medical information parity and optimization of medical resource allocation"

At the beginning, the online registration business of Guahao.com has a leading position in the industry and should assume corresponding social responsibilities and guide the healthy development of the industry.

In the middle, online registration is the traffic entrance for online medical care. With the development of the Internet, it will inevitably provide services in a wider area and with more people, which is of immeasurable value.

Finally, Guohao.com is willing to actively promote medical information parity and optimize medical resources.

Finally, it is stated that online registration involves basic people's livelihood. The registration website will not attempt to conduct a pilot fee and will provide free registration services to the general public.

Stamp the official seal and signature of the president at the end.

The official seal is very red.

The signature is beautiful.

The announcement was explosive.

…

In Beijing, Chen Xing, an Internet medical practitioner, was changing glasses at a banquet and was in a very happy mood.

Since the price subsidy war stopped, he no longer has to see funds being burned every day, and finally feels like everything is back to normal.

What's more, with the trial implementation of charging fees in tertiary hospitals, the company and IDG completed the first round of financing, and career and life have become very beautiful.

Chen Xing drank the wine in his glass with a smile and chatted about future plans. He bluntly said that his company's challenges in the industry would not stop at price subsidies.

The registration network is already lagging behind. There will definitely be another battle with it in the future, and it will be difficult to determine the outcome by then!

Buzz buzz.

The phone vibrates.

Chen Xing glanced at it and then hung up and continued chatting.

Buzz buzz.

Hang up again.

Buzz buzz.

If so, three.

Chen Xing finally answered the phone unhappily: "Why do you have to call me? Just take care of the company's affairs."

"Guahao.com..." The partner's voice trembled.

"What's wrong with the registration network? Are you starting to subsidize prices in the capital?" Chen Xing heard the other party's voice and immediately thought of the worst thing. The original settlement in Shanghai was only a tacit agreement, and it did not rule out the other party's treacherous attack.

"The registration website announced that it will not conduct a fee pilot." He finished the sentence on the phone and waited for the boss's instructions.

Chen Xing's mind was racing, and he pondered: "Not conducting a pilot? Is his step too big? Should he charge a full fee directly?"

The person on the phone finally said without stammering: "No, Mr. Chen, the registration website has published an announcement on its website. They will never try to charge for registration. No charge, no charge, no charge!"

Say important things three times.

Chen Xing was confused.

He lost his voice: "What?"

"Is Fang Zhuo crazy?"

"I'll do it!"

Everyone else at the banquet turned their attention.

Chen Xing exchanged a few pleasantries with an ugly face, hurriedly left, and went directly to the nearest computer to check the top announcement of the registration website that his partner said.

Again.

twice.

There was a long announcement, but there was no ambiguity in the content. They just stated that they would not charge any fees. The official seal and signature were all on it.

Chen Xing went from disbelief to anger and confusion. What is the registration website going to do? What does Fang Zhuo want to do?

Although he keeps talking about overtaking in corners, he knows in his heart that Guahao.com is the company with the largest market share. As long as it completes the closed loop from traffic to charging, it can land on the stock market within a predetermined time.

This is not a fantasy at all, this can definitely make Guahao.com and Fang Zhuo even more famous!

What now?

Is he crazy?

"Grass!"

Chen Xing ripped off the mouse, smashed the keyboard, gritted his teeth and took out his phone:

"Ask, ask, are there any industry policies that are going to be promulgated by the higher authorities?"

…

Pengcheng, the corporate headquarters of Medical Online.

Liang Min sat in the office and quietly read today's newspapers.

Although he came to Pengcheng from HKUST to start a business, he has always maintained the habits he had in school and insisted on reading newspapers every day.

At nine o'clock in the evening, there were only two or three people left in the company.

"The registration network is really powerful and difficult to operate."

"What is Fang Zhuo's relationship background?"

"A national-level Internet innovation enterprise is amazing."

Liang Min couldn't help but shake his head when he saw the report on the registration network in the financial newspaper. He felt that it was quite difficult and he felt that the opponent had already succeeded.

Although we are now the first to start charging for registration, this is not a clever moat, it is just an attempt not to be left too far behind by the other party.

What can medical online do now?

All that can be done now is to bind the hospital as deeply as possible so that both the hospital and the users can develop usage habits, but this is not enough and can easily be destroyed.

Liang Min was reading and thinking.

Suddenly, the landline phone in the office rang.

Ring ring ring.

Before he could walk over and pick up the phone, there was also a landline ringing at the workstation on the other side.

In an instant, the phone calls started ringing in the office.

Liang Min's heart tightened, he had a premonition that something bad was going to happen, and when he answered the phone, he heard the shocking news.

He opened his computer with wide eyes and a livid face, and saw the pinned notice of a serious problem.

No charge, no charge, no charge!

Liang Min was out of breath and felt tight in his chest, so he quickly took out two Suxiao Jiuxin Pills and took them.

He slumped on the chair and calmed down for a long time before getting up again to confirm that he had read correctly. There was no charge for the registration network?

What does it picture?

Online registration is the core business of Guohao.com!

How else can it make money without charging a fee?

How can it survive without making a profit? !

What to do with medical online?

If a leading company in an industry announces that its core business is free of charge, what impact will it have on other companies?

Liang Min gasped and tremblingly found Fang Zhuo's number on his mobile phone, trying to ask the other party why he did this.

However, the other party's mobile phone prompted to shut down.

Liang Min put down his phone in a daze, feeling that something had changed that he didn't know about.

However, one thing is certain, the online registration field will usher in a huge storm.

…

In Shanghai, Xiong Xiaoge, president of China Region of IDG Capital, was drinking tea and watching TV at home.

Just as I was enjoying it, the phone rang.

"Um?"

"The registration network will not conduct a pilot fee collection?"

Xiong Xiaoge was shocked when he heard the news. Guahao.com is an Internet company that has left a deep impression on him recently. Fang Zhuo is even more interesting. IDG first invested 5 million in his Yike through "Win in China" , and then invested 30 million in Guahao.com through the second round of financing.

It can be said that we are quite optimistic about Fang Zhuo's entrepreneurial and leadership abilities.

However, no matter how capable it is, the core business of Guahao.com is online registration. How can this thing be profitable without charging a fee?

If the core business cannot generate blood, does the company still have the meaning of existence?

Xiong Xiaoge was quite surprised. This was like cutting off an arm!

No, it’s more than that. This is ripping out your own heart, and your business model has collapsed!

If it were a registration website that charges no fees for its core business, how much more valuation would it have?

Xiong Xiaoge did not call Fang Zhuo immediately. After digesting the news for a while, he immediately began to think about the investment that had just been completed recently. Then, he softly uttered a word.

"Grass."

No matter what the reasons are, no matter what the difficulties are based on, companies with problems in their core business definitely have no investment value.

At least, not at this time.

Xiong Xiaoge pressed Fang Zhuo's number and heard the other party's prompt to shut down her phone.

With a sullen face, he began to contact others to inquire about the situation.

Although it was agreed during the financing not to interfere with the company's operations, this situation was so special that it was no longer a joke.

…

Xu Xin, president of Capital Today, who is also in Shanghai, received the news from the registration website at the Bund.

Then she immediately called Fang Zhuo but found that the other party's phone was turned off.

Later, Xu Xin received a call from Xiong Xiaoge with confusion.

"do you know?"

Xu Xin replied subconsciously: "I know, the registration network..."

Xiong Xiaoge's voice rose uncontrollably: "Mr. Xu, you are not a friend enough. You are trying to drag me into a trap. Why didn't you tell me earlier?"

"What?" Xu Xin suddenly came to his senses, "What are you getting into? What do you know? What the hell do I know? I just found out that there is no charge for the registration service! What do I know? Mr. Xiong, what do I know!"

Xu Xin thought about it and raised his anger level to the maximum.

Xiong Xiaoge said solemnly: "I thought you knew about this thing about Guahao.com in advance. I just called someone from 3i Group, and the other party was completely unaware. This operation of Guahao.com has made the company lose value."

Xu Xin hesitated, took a few deep breaths and then said, "Have you called Fang Zhuo? Does he have an unavoidable emergency?"

"To announce such a major business change just after completing the second round of financing, I suspect there is a problem." Xiong Xiaoge said lightly, "It doesn't sound like it is forced, but more like it has been planned for a long time. Do you have a vote?"

Xu Xin was shocked by Xiong Xiaoge's judgment, and immediately understood his intention after hearing the last question.

She said softly: "It was stipulated in the contract not to get involved in the actual operation of the company."

"This kind of major business change that violates the rights and interests of the company's shareholders is completely ignored. I won't say whether it is effective or not. Even if it is effective, just tear it up." Xiong Xiaoge has made up his mind.

"I have votes." Xu Xin said hesitantly, "We also voted for Yi Ke..."

"One code equals one code." Xiong Xiaoge said, "I will ask other companies and contact Fang Zhuo tomorrow or the day after tomorrow to discuss this matter in person."

Xu Xin hung up the phone silently.

But even after the call ended, she was still shocked.

Guahao.com has seen the dawn of listing. Once it is successfully listed, it will immediately usher in the capital to create wealth!

It is the leader in the industry, has the highest market share, and its business model is completely feasible. Why bother?

Fang Zhuo, a young man, obviously has a chance to reach the top of his life!

It's different now.

Xu Xin believes that all venture capital institutions participating in the second round of financing will not tolerate such a thing, and she clearly knows that Fang Zhuoyifang's shares are less than 50%, and she will have to spit out the huge amount of financing this time. !

When she thought of this, her heart suddenly moved, and she called Wang Fengyi, the deputy general manager of Shenxin Technology Innovation.

"Mr. Wang, do you know about the registration website?"

"Ah? What's wrong with the registration network?" Wang Fengyi's voice was dizzy, and there was quite a noise around him.

Xu Xin cursed secretly, not in the mood to popularize science, and went straight to the most critical question: "Shenxin Investment Registration Network, do you still have the right to vote?"

"Uh, um, voting rights?" Wang Fengyi hesitated for a while, his mind a little confused, "Oh, you said voting rights. We have signed the 'Concerted Acting Persons Agreement', and the voting rights are given to Brother Fang."

Xu Xin: "Grass!"

…

Good things don't go out, but bad things spread thousands of miles.

Soon, the news that Guahao.com’s core business was free of charge spread throughout China’s investment circles in the evening.

Sequoia: Grass!

3i Group: Grass!

Shenzhen Venture Capital: Damn!

Lenovo Investment: Damn!

Dachen Venture Capital: Damn!

News of Guohao.com’s second round of financing was flying around even before its success. However, many venture capital investors wanted to see how it performed in subsidizing the price war.

And when this fierce competition is over, Internet medical and medical online trial business charges, the appeal of Guahao.com instantly becomes quite attractive.

In the end, the original two venture capital companies plus six powerful venture capital companies, Heguohao.com, which made people enviable, completed the second round of financing.

Almost all investors believe that Guahao.com will land in Hong Kong or New York within two years. By then, the eight venture capital firms and Guahao.com will make a lot of money.

After this round of financing ended, TV, the Internet, and newspapers published various personal news about Guahao.com and Fang Zhuo, almost giving him an official endorsement.

Of course, there must be official connections for Guahao.com to be honored as one of the first batch of national-level Internet innovation companies, but the perception is still different.

Now, no matter what problems the registration website encounters, its top announcement makes many people have the mentality of just watching the excitement and not taking it too seriously.

There are also people who are trying to analyze the whole story.

So dramatic!

It’s so tempting to gossip!

He just raised 160 million from eight venture capital investors, and then he immediately announced that he would cut off the fees for his core business. This Fang Zhuo is simply a venture capital hunter!

It is clear that Guahao.com has a bright future, and similar companies have clearly proven the success of their business models, but they single-handedly destroyed the possibility of the company going public!

Fang Zhuo, Mr. Fang, Boss Fang, no matter what, you have changed your own life with your own hands!