Reinventing the Millennium

On May 3, at noon, Wang Xing arrived in the capital.

As soon as he landed, he turned on his phone and saw several calls and text messages, mostly from the company's founders and executives, including a call from Chen Yizhou.

They come and go in a hurry, but their mentality is completely different.

On the way to the company, Wang Xing first ate a bowl of noodles to satisfy his hunger, and then called co-founder Wang Huiwen to tell him that he had arrived in Beijing.

"Okay, come quickly, Chen Yizhou will arrive at the company later." Wang Huiwen said.

Out of some inexplicable emotion, Wang Xing did not inform the company about the smooth contact with Yi Ke in the past few days, but only said vaguely that he was in talks.

When he arrived at the company, Chen Yizhou from Thousand Oaks Group was already waiting in the conference room, and several senior executives from Xiaonei.com were smiling and chatting. The atmosphere was so harmonious that they didn't look like they were discussing acquisitions.

"Mr. Wang, I am sincere about Thousand Oaks' acquisition of the school network." Chen Yizhou saw Wang Xing coming and said gently, "Otherwise, I wouldn't come to see you again and again."

He glanced at the other senior executives of the school network and continued: "I actually admire the achievements of you young people. I had a good chat with Mr. Lai just now. I wonder what Mr. Wang's opinion of our last acquisition price was. Don’t you have any other ideas? We can discuss it.”

After hearing these words, Wang Xing was silent for two seconds and said, "Mr. Chen, I'm sorry, the school network is no longer for sale."

When I said these words, I felt an indescribable joy in my heart, but it was fleeting.

Wang Xing saw the surprise of Chen Yizhou and his senior management, and announced the latest news: "Mr. Fang from Yike is willing to invest in the school network and will strongly support the development of the school network."

Wang Huiwen's face flashed with joy, Wang Xing's trip was actually concluded?

When Chen Yizhou heard the names of Yi Ke and Mr. Fang, he was stunned and then said: "Mr. Wang, the penguin your website is facing now..."

Wang Xing interrupted, but only repeated a few words: "Mr. Fang from Yike."

These few words are enough.

Chen Yizhou took a breath, hesitated for a few seconds, and then asked with some worry: "Is Yike going to the venue too?"

5Q Network, a subsidiary of Thousand Oaks Group, also focuses on campus social networking. This time the acquisition of the campus network failed, and the external environment followed the entry of Penguin. If another Yike is added, it may be more difficult to succeed.

Wang Xing nodded without hesitation, and expectedly saw the complicated emotions on Chen Yizhou's face, as well as the joy of other high-level officials in the school network.

Chen Yizhou stood up, not expecting to hear such bad news this time.

He shook hands with the top management of Xiaonei Network one by one, and finally said after shaking hands with Wang Xing: "It seems that this is a battle of giants. I hope that Xiaonei Network will develop smoothly."

Wang Xing thanked him politely and sent Chen Yizhou to the elevator.

When he returned to the conference room, everyone was whispering about Yike's investment.

Wang Xing didn't speak. He drank a few sips of tea slowly and waited for everyone to be quiet before announcing more news.

"This time I met Mr. Fang. Not only Yike Investment, but also Sina, IDG, Shenxin Technology and other companies will invest in the school network. There is no need to worry about funds. Now we have only one goal, how to become the Facebook of the East."

“This was our original goal and what all investors expected of us.”

"We've been through a lot of setbacks together this month, and I hope these can be an asset for everyone moving forward."

"Forget Thousand Oaks, forget Sequoia, forget ES, now we have to consider how to compete with our biggest competitors."

Wang Xing was not impassioned, but described the situation calmly.

Everyone in the conference room was still very happy, except Wang Huiwen. He vaguely felt that Wang Xing seemed to be... more relaxed after returning this time.

The original acquisition meeting was changed to business discussion, but it did not last too long. Everyone needed to digest the good news brought from Shanghai.

At 2:30 in the afternoon, the others left, and Wang Huiwen and Wang Xing went to the president's office together.

"Yike Investment? There are several companies like Sina and IDG? How to calculate the valuation? Does Mr. Fang want to bring in so many collaborators? Will he interfere in management?" Wang Huiwen had a series of questions in her mind.

"Our original shares will definitely have to be reduced by a large proportion, and the valuation will have to wait until the institutions confirm their intentions before we sit down and talk. The initial estimate is around 20 million." Wang Xing knew what the co-founder wanted to ask, "Mr. Fang They are very tolerant and open, and they are willing to help us this time because they think the social network track is very promising.”

He continued: "Mr. Fang will not interfere easily, but considering the competition from Penguin, Sina will come over with a team to operate the school network together. I think this is reasonable."

Wang Huiwen was stunned and subconsciously felt that this was another form of sale. If Sina sent a team here and added the financing, who would have the right to speak?

He thought for a while and expressed his worries: "It seems that Yike is willing to vigorously enter the social network. If there is subsequent financing and our shareholding ratio is further reduced, wouldn't it be easy for the company to change hands?"

"I believe Mr. Fang." Wang Xing said concisely.

And, what he didn't say was that of course he could only trust Mr. Fang at this time.

Wang Huiwen waited for Wang Xing's further explanation. However, the detailed analysis did not come as promised, only this sentence.

Wang Xing drank half a cup of tea in silence, and then made a revelation from his brother Wang Fengyi: "Considering the management situation of Xiaonei.com, this financing may adopt a Google-style AB share model, so that legal control can be maintained. right."

AB shares have different rights for the same shares, and a small number of shares can be used to maintain control of the company. In the past two years, as Google adopted the listing of AB shares, it has influenced more and more high-tech companies to use this form.

Wang Huiwen chewed on the meaning of these words.

Immediately, he was surprised to hear Wang Xing's decision.

"I told the investors that I am willing to accept Sina or Yike to hold B shares in the same way." Wang Xing said lightly, "There is no point in simply controlling the company. The most important thing for the company now is to develop and cooperate with Penguin compete."

Not only does he hold B shares, his control will be checked and balanced, and there is a danger of losing power.

Wang Xing didn't know how President Fang would handle it, but this was his stance.

Wang Huiwen wanted to say something but suddenly didn't know what to say.

In the end, he just said: "Mr. Fang is willing to support the development of the school network. This is good news."

Wang Xing smiled: "Yes, we must seize this opportunity."

"Yeah." Wang Huiwen nodded, hesitated for a moment, and said, "Then I'll sort out the user responses in the past few days. You see, the main problem is server lag."

Wang Xing nodded: "Okay."

Wang Huiwen turned and left the office.

Wang Xing watched him leave. He let his thoughts go for a few seconds before quickly immersing himself in work. Mr. Fang said that Penguin has very strong resources and the school network will face huge challenges even after receiving investment from the Yi Ke Department. Competitive pressure.

On this day, everyone on Xiaonei.com knew that they were also digesting new financing news, and Penguin also announced an adjustment.

Zeng Liqing, one of the main founders of Penguin, will be responsible for Penguin’s social network strategy and will serve as the head of the QQ Alumni Business Group.

With the announcement of this appointment, Penguin’s emphasis on social networks can also be seen.

Zeng Liqing, Ma Huateng, Xu Chenye and other five people are known as the "Penguin Five" and are the top core management of this giant. He is responsible for the new social network business and Xu Chenye previously spoke out on Zhihu. There is no doubt that It shows the penguin’s seriousness.

The giant is coming.

The giants are really here.

However, just when various financial media and Zhihu were discussing Penguin's new venture into new business with its traffic, the news that the Yi Ke Department would invest in the school network was also revealed.

This breaking news did not come from Yike, but from Sina.

Wang Gaofei, deputy general manager of Sina Wireless, was interviewed by the media and talked about the development of the domestic wireless market. He also revealed the news that Sina will invest in the school network and participate in the operation to a certain extent.

what does that mean?

First, there is the competition for Sina’s portal, and then there is the competition for the entry of existing social networks?

Is this a sign that the Yi Ke Department is entering the game to compete head-on with the Penguins?

Or is it just Sina's own actions?

A related news leaked, and more news soon confirmed the situation.

Not only Sina, but also Yike, Goldman Sachs, IDG, and Shenxin Technology Investment in Xiaonei Network this time!

Five in total!

Moreover, these institutions are undoubtedly inextricably related to Mr. Fang.

The media inquired about the news, and Zhihu became a hot topic.

"The head-to-head confrontation between Yi Ke and Penguin! Social networks are so valued? The entrance of two giants before and after!"

"I heard that Sequoia invested in the seat-occupancy network, which is embarrassing now."

"Have you noticed that Shenxin Science and Technology is a shareholder of Penguin, and this time it wants to join the school network, who @Wang Fenggou."

"I feel that the Yi Ke Department has little chance of winning. The number of users on the campus network is not enough. It is easy for the huge traffic of Penguin to come first."

"The experience of the school network has been improved. I said it has not been stuck in the past two days. It must be a server."

On May 7, Wang Xing was browsing Zhihu in his office to see if there was any big boss who could provide advice for the school network to fight against the giants. When he saw words such as "Wang Feng Dog" and "Wang Mad Dog", he couldn't help but smile.

Brother Wang is actually somewhat famous in Zhihu?

Or, call him Brother Dog from now on?

Just as Wang Xing was thinking this, there was a knock on the office door.

He answered and stood up to open the door.

However, the door was pushed open first, and a group of people filed in.

The leader was quite young. After looking at the office for a moment, he reached out and said, "I am Wang Gaofei from Sina. I will be transferred to be responsible for the school network this time. Mr. Wang, happy to work with you."

Wang Gaofei's speech speed is slightly faster, his posture is slightly higher, and his spirit is slightly higher, as if he is not from Sina, but the owner of the school network.

Wang Xing paused in his heart and shook hands calmly: "Brother Gao Fei, welcome, welcome, let's talk in the conference room."

Sina first borrowed a sum of money to add servers in the past few days, and today they sent the team. The appointment was supposed to be in the afternoon, but unexpectedly it arrived at noon.

Wang Xing was not dissatisfied or timid because of Wang Gaofei's attitude. This time he was going to fuck Penguin. Whether it was external competition or internal friction, he was fully mentally prepared.

…

After Yike, Shenxin Technology, and Sina confirmed their investment, Goldman Sachs and IDG were also willing to make generous donations, thus completing the institutional body of investment in the school network.

Because Taiwan Journal officially tore up the settlement agreement with SMIC, Fang Zhuo paid close attention to the second turmoil between the two companies the day after meeting Wang Xing. Therefore, he only saw Yike after the investment body was finalized. Investment reporting.

The report content includes investment plans, AB shares, industry conditions, Penguin trends, Sina plans, etc.

"Well, Penguin really pays attention to it. Two of the Five Tigers have appeared. Xu Chenye is Pony's close friend. I have met Zeng Li Qing in the capital before. I have a good impression of him. He is tall and eloquent. I heard He also has a very decisive personality.”

Fang Zhuo flipped through the report and saw the name "Zeng Liqing".

Before this, Zeng Liqing served as the Chief Operating Officer COO. This time, because he developed the social network business and took on a new business group, he had a strong sense of importance.

He has heard some jokes about this person, because Ma Huateng has a slightly calm personality and Zeng Liqing is more mature. When Penguin just started to go out to discuss business, Zeng Liqing was often regarded as the big boss, while Ma Huateng was regarded as Zeng Liqing's secretary.

Secretary Liu Zonghong in the office listened to Mr. Fang's mumbling without making a sound.

"The enemy general is one of the Five Tigers. Who did we send to Sina?" Fang Zhuo continued to browse the report and asked a little louder.

Liu Zonghong knew that Mr. Fang had not seen the back yet, so he replied: "Mr. Wang transferred Wang Gaofei, the deputy general manager of Sina Wireless, and said that he had taken the team to the school network."

Fang Zhuo was startled first, then smiled, it was Wang Gaofei.

The enemy's five tigers are our trap.

Can this be matched?

Let’s give it a try first. Wang Gaofei’s performance at Sina Wireless is indeed outstanding.

Fang Zhuo read the rest of the report with a smile and thought for a while. The school network now wants to develop the university community, and according to Wang Xing's vision, the second group he is targeting is office white-collar workers.

Speaking of which, isn’t this social network mainly for office white-collar workers Kaixin.com?

Xiaonei.com + Kaixin.com, and then upgrading social networking for all, this route looks good. The problem is that Penguin can adopt a follow-up strategy. Whatever you do, I will do.

Although it is a bit rogue, it is very effective from a business strategy perspective.

Fang Zhuo put down the report and shook his head.

Liu Zonghong didn't know why Mr. Fang shook his head. When he saw him holding a cup of tea, he took advantage of this time to report on the public opinion situation.

Because Penguin and Yike have ended up on social networks one after another, mainstream media are still waiting and watching. Financial media, as well as Sina, NetEase, Sohu, and Zhihu are all discussing this showdown with great fanfare.

During this period, there was much speculation about the grievances between the bosses on both sides.

Do Ma Huateng and Fang Zhuo have any grudges?

Regardless of whether you actually have it or not, you must have it in your writing.

Besides, even if you didn’t have it before, won’t you have it after this time?

Fang Zhuo listened with a smile for a while, and when he was about to make a comment, he saw a call from Ma Huateng on his phone.

He was a little surprised, he didn't expect this person to call.

"Mr. Fang, I saw the news. Are you also going to start a social network?" Ma Huateng said cheerfully and bluntly.

Fang Zhuo had an idea and said, "Yeah, I see Facebook is developing rapidly abroad, and I think we can build a similar one in China. I happened to see the school network built by Wang Xing, and I think it's pretty good."

Ma Huateng said with a smile: "Mr. Fang, to be honest, I saw the development of social networks you talked about before and thought it made sense. We discussed it back and forth within the company for a long time and thought that this direction has great potential. After some research, we have QQ alumni.”

Fang Zhuo was shocked. Does co-writing this giant's entry have anything to do with him?

After he was shocked, he complained: "Pony, you are really honest... Your Penguin Paipai.com is just a micro-innovator on Taobao, but now you can actually take action on my ideas?"

"When three people are walking together, there must be a teacher from me. I will choose the good one and follow him." Ma Huateng said.

Fang Zhuo sighed: "We still have to change those who are bad. You are wielding this flow weapon a little too widely. You have to give your brothers a bite to eat."

Ma Huateng said: "The market is huge, and the penguins will definitely not be able to finish it all."

He added: "I see that some media are writing nonsense now, and I feel that I still have to have a chat with Mr. Fang. The social network business is closely related to our instant messaging. Both me and other senior executives feel that Penguin It needs to be taken very seriously.”

Fang Zhuo asked: "So?"

Ma Huateng didn't say what he meant.

Fang Zhuo pointed out: "Pony, the fighting hasn't even started yet. Are you trying to persuade us to surrender?"

Ma Huateng denied: "That's not what I mean. I just feel that Penguin and Yike have a good space for cooperation. There is no need to have any bad feelings because of such business competition. Healthy market competition can also promote better development of each other. Mr. Fang, are you right?"

When Fang Zhuo heard this, he said considerately: "Pony, I'm very touched that you could make this call. Of course I don't have any grudges in my heart. As you said, healthy competition is good. Can I still blame you?"

He paused and continued: "Pony, we are the same people. I understand. If it were you, even if I had business conflicts with Penguin tomorrow, you would definitely understand that the market is like this."

Ma Huateng nodded slightly, Mr. Fang had a big heart.

"This social network is also an experiment. Everyone is vying to see it, so don't worry." Fang Zhuo laughed again.

"President Fang, let's make progress together." Ma Huateng said.

Fang Zhuo ended the call, held the phone and pondered for a moment, then told his secretary: "Go to Beijing the day after tomorrow. You and Mr. Wang will tell you that I want to hear the work report on the blog, and let Zhang Xiaolong, who is in charge of the email business, attend the meeting."

Liu Zonghong responded, but he was a little strange about the emergence of the email business.

Fang Zhuo thought for a moment, and then his thoughts turned to the progress of Yike's mobile phone. In this regard, he had to go to the United States to inspect the progress in person.

Let’s make progress together. Time waits for no one.

Two days later, Fang Zhuo flew to the capital with Wang Fengyi.

Before going to Sina, he visited Xiaonei.com for a while.

When Fang Zhuo walked into the president's office of Xiaonei.com, he looked around in surprise and laughed out loud. It looked like his office at Hang Lung 23.

Wang Xing, who was accompanying him, blushed with laughter. This office was built in the same way after he went to Hang Lung 23. But at that time, he did not expect that one day he would welcome Mr. Fang...

"That's right, it's just missing one word." Wang Fengyi also found it interesting and noticed that this office was different from the one in Hang Lung 23. He suggested, "Mr. Fang, since you are here, just leave a word."

Wang Xing quickly agreed.

Fang Zhuo thought for a while and agreed.

Soon, four words came out in one wave.

I have to say that Mr. Fang's calligraphy is still very skillful, strong, powerful, and calm.

However, these four words are somewhat straightforward.

But Wang Xing liked it more and more.

After Mr. Fang and his party left, he immediately had someone frame it and hang it on the wall at night.

From then on, as soon as you enter the president's office on the campus network, you will see four bright characters.

——Just do Penguin.