Reborn multinational giant

The current relationship between President Lei and Fang Zhe can definitely be called the word "wonderful acquaintance". The two people are very compatible in terms of character, temper and interest.

Therefore, after Fang Zhe proposed that Huizhong wanted to invest in YY, Mr. Lei simply asked Fang Zhe about the reason for investing, and he agreed to Fang Zhe as a lobbyist.

For the founders and senior executives of a company, no outsider is more persuasive than their own investors and shareholders.

As an early investor in YY, Mr. Lei provided a lot of help to YY's development and growth, not only money, but also contacts, resources, and so on.

Therefore, Li Xueling and other senior executives and shareholders of YY, under Mr. Lei’s persuasion, finally agreed to Huizhong’s request to invest in shares, but it was not a financing, but Huizhong, who was willing to withdraw from others at a premium higher than YY’s current valuation. Of minority shareholders, get their transferred shares.

Nowadays, the market valuation of YY is about 120 million U.S. dollars. At a price of 21 million U.S. dollars, Huizhong obtained a 50% premium from several small shareholders of YY to obtain 12% of the Huanju Times Company where YY is located. Shares.

After these small shareholders withdrew, they probably got several times the initial investment, and Fang Zhe, who knew the future potential of YY, also made a steady profit without losing money. Therefore, both parties can be said to be happy.

Moreover, now that Huizhong is acting as the agent of Steam China to officially introduce the steam platform into the country, the huge demand for voice chat among gamers will make YY's future development only stronger than the previous life, not worse than the previous life!

August was destined to be a busy month for Fang Zhe. After the investment in YY was settled, Fang Zhe met another person in a cafe in Wudaokou, Wang Xiaoxing, who founded Meituan in the future!

After Fang Zhe walked into the cafe, he saw Wang Xiaoxing sitting in the corner silently looking out the window in a daze. His face was full of haggard and loneliness. The reason Fang Zhe didn’t need to guess was that, last month, Wang Xiaoxing founded it. Fanfou has been blocked!

Fanfou can be said to be the originator of China's microblog industry. It was introduced to China by Wang Xiaoxing imitating the Twitter invested by Zhongying Capital in the United States. Since its launch in 2007, it has been developing rapidly.

Especially in the first half of this year, Fanfou’s user expansion rate has increased exponentially. If it hadn’t been blocked because of a violation of the red line, few people would doubt that there is a new star in the Internet industry that has already risen!

In the world, God will close a door for you and open a window for you. If the past life had not been shut down, Wang Xiaoxing would not have founded the Meituan that later dominated the O2O industry!

Fang Zhe walked towards Wang Xiaoxing in the corner, recalling some information about Wang Xiaoxing he knew in his previous life in his mind.

Wang Xiaoxing is a maverick legend in the Internet industry!

Unlike Ma Huateng, Ma Yun, and Robin Li, after determining the direction of entrepreneurship, they steadily expanded the company to the point where it is today. Since Wang Xiaoxing returned to China in 2003, he has experienced waves, until now in 2009, within 6 years. He started his business two or three times in a row. There were failures and near successes, but without exception, he finally chose to quit.

"Hello!" Fang Zhe walked over and interrupted Wang Xiaoxing, who was looking out the window in a daze, until he turned his head to look at him, then continued: "I am Fang Zhe!"

Fang Zhe’s meeting with Wang Xiaoxing this time was more of a personal nature. He just told Fu Xinming that he wanted to see Wang Xiaoxing, and Fu Xinming asked a friend to arrange the two to meet.

And Fang Zhe's purpose when he saw Wang Xiaoxing was just to get to know him in advance and chat with each other.

In the Internet industry in his previous life, Wang Xiaoxing is considered a personal character. His story and past, two or three books and two movies, are more than enough, not to mention his entrepreneurial ability. The industry has always joked that Wang Xiaoxing is a "professional entrepreneurship." "People", others may become more and more discouraged after two or three failures in starting a business, but he will become more and more motivated!

However, now that Fang Zhe saw Wang Xiaoxing's expression in front of him, it was obvious that he was a bit exaggerated. At least now, his state has not been adjusted.

Wang Xiaoxing raised his head to look at Fang Zhe standing in front of him, and a flash of self-deprecation flashed in his heart. Heh, this fresh graduate who is a round younger than him can succeed in starting a business, but what about him?Is it because I didn't work hard enough, or because God is so partial and unfair!

Obviously, before meeting Fang Zhe, Wang Xiaoxing had already learned about Fang Zhe’s simple information. No one in their industry would meet with a stranger who didn’t know the details. For Fang Zhe’s purpose of meeting him, Wang Xing also has speculations in his heart, it is nothing more than to recruit or invest in himself. Over the years, every time he fails to start a business, he always meets people like Fang Zhe.

"Hello, Wang Xiaoxing, please sit down!" Wang Xiaoxing made a please gesture, and Fang Zhe sat down opposite him. The visionary waiter took a menu to help Fang Zhe order coffee and left.

Fang Zhe looked at Wang Xiaoxing, who looked lonely, and asked frankly, "Is there any hope for Fan to open?"

Wang Xiaoxing glanced at him, was silent for a moment, and said, "There is little hope. Even if it reopens, it will probably be a long time later. By then, the day lily will be cold!"

Fang Zhe understands what Wang Xiaoxing means. Throughout the history of the Internet industry, few products have developed well like Fanfou, and they were suddenly shut down due to external reasons. Even if they did, these products will be very good after reopening. It is difficult to restore its former glory.

And now, the outside world has begun to hear that Sina Weibo, a product that resembles Fanfu’s product model, is about to start internal testing. The shutdown of Fanfu will inevitably lead to a large number of users moving to the emerging Sina Weibo, waiting for the fan. Whether it re-opens, there is nothing wrong with this industry!

The reasons for the suspension of Fanfou are more sensitive and complicated. After the Olympic Games last year, the domestic political environment began to tighten, and Internet censorship began to become stricter. In particular, this year there were several vicious incidents with very bad effects in China. As the online media outlet for public opinion, it is even more subject to strict censorship. In the face of such a red line, without rich operating experience and government resources, a start-up company can easily be destroyed.

This is also the reason why Fang Zhe has been reluctant to involve in the self-media industry such as Weibo at this stage. He is too worried about doing this. If something happens someday, Fang Zhe has to get up in the middle of the night and call around. Ah, tired!

Fang Zhe and Wang Xiaoxing were chatting casually, and Wang Xiaoxing, who was depressed, could be regarded as finding a confidant to let him vomit with all his heart.

Wang Xiaoxing talked to Fang Zhe about his entrepreneurial experience in the past few years when he returned to China. He also recalled his triumphant youth before starting his own business. When he was young, he was a top student who was recommended to Huaqing. After graduation, he studied abroad in the United States. The famous cement king and billionaire in Fujian Province, he is a veritable rich second-generation. His life could be said to be a smooth, unrestrained and comfortable life, but he had to choose to start his own business and start from scratch.

Wang Xiaoxing’s experience reminded Fang Zhe of a paragraph on the Internet: If I don’t work hard, I have to go back and inherit my father’s hundreds of millions of fortunes!

Yes, he is such a rich second generation, why bother, just want to prove himself and make his own business!

The two chatted in the coffee shop for an afternoon. It was not until sunset Xishan that Wang Xiaoxing, who had resolved a lot of depression and was in a good mood, said goodbye to Fang Zhe, a "confidant" chatter.

"Will you continue to start a business?" Fang Zhe asked before leaving.

"Of course!" Wang Xiaoxing's reply was not relaxed, but firm.

This afternoon, Fang Zhe did not say that he wanted to recruit Wang Xiaoxing, nor did he say that he wanted to invest in him to fund his business. The two people only met and understood each other's values.

Fang Zhe admired Wang Xiaoxing's values. From the perspective of Wang Xiaoxing's renewed fighting spirit at the time of parting, this man is an unbeatable Xiaoqiang!

Fang Zhe remembered a passage that Wang Xiaoxing had evaluated on the Internet in his previous life:

If a few years ago I was the Sun Wukong who was unsurrendered and at a loss, today I have become a Tang Seng with no seventy-two changes and only one thought.Tang Seng has no abilities, everyone thinks so.In the face of the Eighty One Difficulties, he cried and begged, but he never said once, "Let's not learn from the experience, let's break up."

Maybe Wang Xiaoxing is destined to be a fish that likes tossing waves in the long river of this era!