Revisiting Future Path

048 Thunder and Thunder

The day after the black hype stopped, Lu Bin found Wei Dongsheng excitedly: "IDG wants to invest in us."

IDG is the International Data Group (International_Data_Group). Contact Lu Binqi’s IDG Capital. To be precise, it should be called IDGVC (IDG Technology Venture Capital Fund), a well-known venture capital company. In the China Venture Capital ranking list, IDG ranked first in 2001 and third in 2002. The companies it invests in are more familiar to netizens. The investments with the breath of the times include SouFun, Tianji, Kingdee, 3721, 8848, etc.; winners who survived in 2018 include Ctrip, Dangdang, Sohu, Baidu, Tencent, etc.

Getting IDG investment does not mean success. Brands such as Kingdee, 3721, 8848 were forgotten by netizens in 2017 on the island of Java.

However, obtaining IDG investment is the recognition of the times. The future winners of Ctrip, Dangdang, Sohu, Baidu, Tencent, or the stepping stone of the times Kingdee, 3721, 8848, are all influential figures of the established era. Chunqiu Network is recognized by IDG and also recognized by the Internet industry, proving that Chunqiu Network has quickly integrated into the soaring information age.

On December 13, 2002, Wei Dongsheng registered Chunqiu Network and Chunqiu Software.

On January 14, 2003, Lu Binqi told Wei Dongsheng that IDG wanted to invest in Chunqiu Network.

In just one month, Chunqiu Network has made a name in Yanjing.

In Wei Dongsheng's booking plan, after the successful operation of "Spring and Autumn in the Ten Kingdoms" by the Spring and Autumn Network, he should also go to the NASDAQ (NASDAQ) listing to make money. If you want to go public on the Nasdaq, it is an indispensable part to cut meat and accept the cooperation of venture capital. Regardless of whether IDG accepts this investment, Chunqiu Network must keep in touch with it to pave the way for the future in advance.

IDG is a large company, and when it comes to each investment, it often has its own counterpart. Wei Dongsheng decided to maintain liaison with IDG and asked Lu Binqi for detailed information: "Who is leading the way?"

Lu Binqi replied, "Yang Fei."

Lu Bin Qixuan added Yang Fei’s basic information: “Yang Fei was originally the Director of the Listing and Issuing Department of the Guangdong Securities Regulatory Commission. He joined IDG in 1997. Yang Fei invested in the Internet and has three famous cases. In the first case, he participated in Tencent. Project investment; in the second case, he led the investment in Huicong.com, which is now planning to go public in Xiangjiang; in the third case, he led the investment in Baidu, and Baidu and 3721 are well-known Chinese search engines in China , The prospects are very good."

Lead investment in Baidu and assist in investment in Tencent.

Wei Dongsheng didn't know who the Huicong.com was. He had simply sketched the image of Yang Fei in his mind based on the two projects of Baidu and Tencent.

Wei Dongsheng asked Lu Binqi: "What did Yang Fei say?"

Lu Binqi: "He asked Mr. Wei about your general situation, and then invited you to have a meal."

Wei Dongsheng nodded and agreed: "Chunqiu.com will deal with venture capital sooner or later. Let's have a meal together when we have a meal together. Well, is there an appointment?"

Lu Binqi: "I'm not sure about your attitude, so I shirk, and I ask you about your schedule before making an appointment."

Wei Dongsheng: "Call him back, I have time these days."

Lu Binqi immediately called back Yang Fei's phone, giving a polite greeting, and decided that it would be better to hit the sun instead of choosing a day, and the nearest appointment would be tomorrow night.

Lu Binqi is a distant relative of Jing Minqiang, and respects Jing Minqiang better than Wei Dongsheng, and immediately reported to Jing Minqiang the important news that IDG wants to invest in the Spring and Autumn Network. Jing Minqiang contacted Wei Dongsheng by phone that night and confirmed to Wei Dongsheng: "IDG wants to invest in Chunqiu Network?"

Wei Dongsheng: "That's what Lu Binqi said, but I haven't met IDG people yet."

Jing Minqiang: "IDG has a strong foundation both internationally and domestically. Do you want to accept IDG's investment?"

Wei Dongsheng quoted an old saying in reply to Jing Minqiang: "In today's world, not only the emperor chooses his ministers, but his ministers also choose the emperor."

Jing Minqiang understood the meaning of this sentence and laughed and said, "This sentence was told to Lu Su by Zhou Yu during the Three Kingdoms period."

Wei Dongsheng smiled and added: "Ma Yuan also told Liu Xiu."

This old saying is a widely circulated allusion. In the troubled times of the Three Kingdoms, Sun Quan especially admired Lu Su because of Zhou Yu's recommendation, and ordered Zhou Yu to invite him. At that time, Lu Su was planning to take refuge in another family. Zhou Yu quickly quoted a good story between Fubo General Ma Yuan and Han Guangwu Emperor Liu Xiu to persuade Lu Su: "In today's world, not only the emperor chooses his ministers, but his ministers also choose the emperor."

Replacing the situation today, Wei Dongsheng expresses his attitude based on the ancient satire. IDG, of course, has a profound background, just like the heroes of the late Western Han Dynasty and the Eastern Han Dynasty, able to condescendingly select talents they find outstanding. Wei Dongsheng and Chunqiu.com are new recruits who are just like the fledgling Lu Su in front of the powerful. Although they are humble, they don't have to rely on IDG to die. Wei Dongsheng examines the olive branch sent by IDG with the attitude of "the minister also chooses the emperor". If the two sides can talk about it together, everything will be fine; if they can't talk about it together, it's better not to force it.

Jing Minqiang did not comment on Wei Dongsheng's choice, leaving only one guarantee: "If you need something, please call me in time."

Jing Minqiang first saw Wei Dongsheng and regarded him as the love debt of his old love Bai Huxian; seeing the embryonic form of "The Spring and Autumn of the Ten Kingdoms", Jing Minqiang regarded Wei Dongsheng as a gifted boy. After seeing that Wei Dongsheng has proficiently registered the two companies Chunqiu Network and Chunqiu Software, and used the agreement and treaty to separate the copyright of the "Ten Kingdoms Spring and Autumn" which is temporarily difficult to accurately define the value, Jing Minqiang once again increased his attention and put Wei Dongsheng and other entrepreneurs on equal terms And depending on.

Equality and view.

Wei Dongsheng was just a qualified entrepreneur in the eyes of Jing Minqiang.

However, Jing Minqiang never expected that Wei Dongsheng would attract the attention of venture capitalists, and he was IDG, a major investor in the investment industry. Venture capitalists are a group of bald eagles who are unprofitable and cannot afford to be early. If Wei Dongsheng's career can be favored by IDG, there is definitely hope that IDG will bring huge profits tenfold or even a hundredfold.

Jing Minqiang must admit that Wei Dongsheng is more powerful than he thought.

Jing Minqiang is running around in the south these days and has no time to pay attention to the two companies Chunqiu Network and Chunqiu Software. Jing Minqiang calmed down to gather information on the Spring and Autumn Network and Spring and Autumn Software, and was shocked to discover that the noisy seed download artifact incident during this period of time turned out to be a masterpiece of Wei Dongsheng.

In other words, the seed download artifact is an advanced version of P2P technology. Behind the ultra-high download speed is the rapid increase in the burden on the backbone of China. The seed download artifact has not been on the market for less than a month, but two topical events have quickly increased its market share. When the market share of the seed download artifact is high to a certain level, the traffic of the file exchange system of the backbone network increases dramatically.

China Netcom and China Telecom are basic operators. They have keenly discovered the burden of P2P technology on the network infrastructure. There has been an internal debate: "Forbid this technology to maintain the efficiency of the existing network; or optimize the basic network in advance. Ready for the upcoming P2P torrent?"

Because the time is short, the debate is still at the grassroots level and has never been put on the table of the leaders.

However, Jing Minqiang had heard of it occasionally.

The flow of the file exchange system of the seed download artifact has surged, and the pressure is fed back to China Netcom and China Telecom; IDG is even more focused on Wei Dongsheng, chasing to send money. These two events strongly proved Wei Dongsheng's abilities, and Jing Minqiang had to seriously consider his cooperation with Wei Dongsheng.

Jing Minqiang's mentality changed, so let's stop here.

On January 15, 2003, led by Lu Binqi, Wei Dongsheng met Yang Fei as scheduled in a club. Next to Yang Fei, there are two other young people, one looks thirty years old and the other looks twenty-six or seventeen. Yang Fei and the other three obviously have obtained Wei Dongsheng's simple information, "Mr. Wei is so young that it is unbelievable." After a few surprises, Yang Fei introduced the two people around Wei Dongsheng and Lu Binqi: " This is Zou Shenglong, who has just returned from the United States, and this is Baidu's senior technical manager Cheng Hao."

They said hello to each other, and after a while, the topic began to deepen.

Yang Fei led the atmosphere and took the initiative to speak up for Zou Shenglong and Wei Dongsheng: "Mr. Zou Shenglong carefully analyzed the Internet ecology before returning to the country to start a business. He was keenly aware that there is no killer product in the download tool market, so he wanted to make a career in this area. Before the software released the seed download artifact, Mr. Zou Shenglong was also trying to develop a download software based on P2P technology. You two heroes have similar views, and there should be some common topics."

Zou Shenglong.

Download software.

The two keywords were superimposed together, and Wei Dongsheng suddenly forgotten his memories for many years: Zou Shenglong and Cheng Hao should be the founders of download software Xunlei.

The reason why Xunlei came to the top of the market leader of download tools is that it relies on the promotion of P2P technology and P2SP technology. Wei Dongsheng previously investigated the market share of various download tools and found no trace of Xunlei. It should be because Zou Shenglong and Cheng Hao have not officially launched Xunlei. Speaking of which, Wei Dongsheng launched the seed download artifact, didn't he steal the fast track of Zou Shenglong and Cheng Hao?

This is the fact.

At the end of 2002, Zou Shenglong just persuaded his alumnus Cheng Hao from Duke University to start a business together. Cheng Hao worked at Baidu. He often saw Li Yanhong as an ordinary person, and gradually became ambitious: "Li Yanhong has no family background and can still start a career. Why can't I try?"

Cheng Hao has even written his resignation letter, and researches entrepreneurship with Zou Shenglong day and night, discussing whether to enter the popular mailbox market, or conservatively seek stability in the field of download tools. As a result, Zou Shenglong and Cheng Hao are still hesitating to start their own business. Wei Dongsheng has launched the seed download artifact at a rapid pace, and used two topical hype to gain a 29.2% market share in a very short time.

Wei Dongsheng's success stimulated Zou Shenglong and Cheng Hao.

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