Xu Yiyang has the intention of forming a team in the Internet industry in the near future.

After all, the Internet at this stage is the golden period of development, and many products have not yet been born, so there is a lot of room for development.

However, the biggest problem is that there is no technical team, after all, everything in the Internet industry needs technical support.

Although Liu Mingchao's team is small and looks very simple, the members are all graduates of prestigious universities, and their technical strength should be undoubted.

If they can do a good job of the management software they need in this cooperation, then they can consider poaching his entire team.

What's more, he also knows Zhang Xiaolong, a big name, and through him, he may be able to open up a way to take root in the Internet.

Although he wanted to get to know Zhang Xiaolong earlier, he did not mention the introduction of Zhang Xiaolong to Liu Mingchao this time.

Mainly because it doesn't make much sense to know Zhang Xiaolong now.

Zhang Xiaolong is not a hard-working sling now, he has created an excellent product, and many people are chasing and wanting to buy his Foxmail, with a price of at least millions.

In this era, it is absolutely rare for technicians to make millions of dollars with a single product.

Therefore, even if Xu Yiyang knows Zhang Xiaolong now, he can't win him over.

……

When Liu Mingchao and his team began to develop management software for Xu Yiyang, Lin Xiaru, an executive at Goldman Sachs Capital, was preparing to leave for Yanjing from New York.

This time, she was going to Yanjing to follow up on several Goldman Sachs investment projects, and held a meeting with the person in charge of Yanjing to discuss the scale of investment in the Zhongguancun Internet entrepreneurship team.

Cai Chongxin knew that she was going to come to Huaxia in early September, so he had been waiting for her to come to Huaxia and ask her to meet with Boss Ma to talk about investing in Ali.

So, seeing that it was almost September, Cai Chongxin called her again.

Lin Xiaru is also very interested in Alibaba's project, and with the endorsement of Cai Chongxin, a former Wall Street colleague, she already has a certain intention of investing in Alibaba.

Now Goldman Sachs is very interested in the entire Internet industry in China.

Goldman Sachs has experienced the rise of Silicon Valley and the large wealth created by the Internet in the United States in the past few years, so the entire Goldman Sachs and even the entire Wall Street are looking forward to the miracle that happened in Silicon Valley a few years ago to be perfectly replicated in China.

Therefore, they pay special attention to Huaxia Internet start-ups and entrepreneurial projects.

Lin Xiaru has long read the business plan sent by Cai Chongxin, although Ali's B2B model is not the first, but Boss Ma's entry point still makes Lin Xiaru very interested.

She was also looking forward to meeting Boss Ma at this time to see what kind of charm the man who was praised by Cai Chongxin was.

Just when Lin Xiaru was already packing her luggage at home and preparing to go to Huaxia early the next morning, one of her left and right hands suddenly called and said: "Mr. Lin, we have evaluated an S-level business plan from the mailbox, the project is in Yanjing, Huaxia, the direction is B2B, the plan has been forwarded to your mailbox, if you have time, check it as soon as possible." ”

"S-class?" Lin Xiaru asked in surprise, "There is such a high level?"

The other party said firmly: "The investment committee has reviewed this plan, and it has given an S-level evaluation. ”

Lin Xiaru immediately became serious.

S-level projects can be met but not sought!

For Goldman Sachs, they receive a lot of business plans from all over the world every day, and behind each business plan, it represents a project, so they have strict review rules for the merits of the project.

First of all, the person who receives the business plan should rely on his own professional level to rate the business plan, which is the highest S-grade, followed by A, B, C and all the way to E-level, which is also the international practice of content rating.

Generally, Goldman Sachs only invests in B-, A-, and S-rated projects.

Projects that have reached these three levels will be submitted to the Investment Review Board by the person who initially received the business plan, and after the review by the Investment Review Committee, if it is still within these three levels, then the investment manager will directly contact the other party and conduct investment negotiations.

If it is B-level, then in principle, it will not lead the investment, or do not hold it for a long time, under normal circumstances, invest in one round, watch one round, and withdraw in the third round;

If it is A-level, in principle, it will lead the investment as much as possible, and whether it will be held for a long time depends on the subsequent development of the company;

If it is S-level, then you must strive to lead the investment, and at least have more than three rounds of financing in hand, if you invest in the first round, then in the second, third and fourth rounds, you will never consider exiting.

The ones that can really be rated as S-level are the top projects.

Boss Ma's project, after several internal debates, was rated as B.

At that time, there was a big disagreement between A and B.

Some people feel that this project Huaxia is just starting out, there is a lot of room for development, and with this advantage bonus, there is no problem with A-level;

However, some people feel that the project founder does not have enough experience, is not from the Internet industry, and his practical ability needs to be tested, so he should be positioned as B-level first.

Later it turned out that Goldman Sachs did treat the project as a B-level project, and around 2003, they sold all of their shares at seven times the investment amount, missing out on hundreds of billions of dollars.

In recent times, Goldman Sachs has not encountered S-level projects in China.

So she hurried back to her room, turned on her computer, and downloaded the business plan from her mailbox.

The moment she opened the business plan, Lin Xiaru was stunned by the template style of the plan.

She has made so many years of investment and read countless business plans made by PPT, but from the visual point of view, none of them can compare to this one.

It's not that Xu Yiyang is awesome, but that his aesthetic is at least twenty years ahead now, which is like the website interface in twenty years, and the current website interface is not just an era.

Just at this glance, Lin Xiaru felt that the person who made this plan was very good, quite good!

Immediately afterward, she hurriedly began to read the contents of the plan, and became more and more frightened!

She has read Boss Ma's plan, although it mentions the future and the world countless times, but because there is only a concept and no plan, the overall feeling is decent.

Moreover, Boss Ma's understanding of B2B does not give people a bright feeling.

This is because Boss Ma at this stage does not have a deep understanding of the Internet.

He was not born invincible, and in the early stages of his business, he made many bold decisions and almost ruined the company's future several times.

The most serious one was that after he got the $5 million investment led by Goldman Sachs, he immediately began to engage in globalization with great fanfare, not only building a US office, but also dozens of employees in the US office alone, the company's costs were huge, and the capital chain was almost broken.

Subsequently, Boss Ma also followed Goldman Sachs, rented a large piece of office space in the best office building in Hong Kong, set up a branch in Hong Kong, and threw hundreds of thousands of dollars in Hong Kong alone.

Boss Ma, who threw money at both ends, did not realize that the Internet industry was on the verge of collapse.

The money was almost spent, and when the dot-com bubble burst in 2000, Ali was almost on the verge of collapsing.

At that time, it was Sun Zhengyi of Japan's SoftBank who had a unique vision and invested in Ali's second investment, which allowed Ali to survive that cold winter.

Therefore, at this stage, Boss Ma's tirade may be very inflammatory to people who don't understand the Internet, but for people like Lin Xiaru who have been dealing with the Internet for many years, the incitement is obviously much worse.

Because of this, Lin Xiaru doesn't attach great importance to Boss Ma himself, but such a project is in line with Goldman Sachs' strategy at this stage and can be invested, plus Cai Chongxin is matchmaking, so she is interested in investing in a round.

And when she finished reading Xu Yiyang's PPT, she immediately felt that the gap between the two plans was simply a cloud of mud.

She feels that the self-proclaimed Jeremy Xu has a greater and clearer grasp of B2B, e-commerce and the Chinese Internet landscape.

No matter how you look at it, it is more appreciative and convincing than Boss Ma's business plan.

Moreover, Jeremy Xu's team is too strong, all of them are high-achieving Chinese students who graduated from Stanford University, and they all have the enthusiasm to return to China to start a business, and they are absolutely academic, regular and even ace army.

Secondly, JeremyXu's control over domestic competitors is too powerful!

Boss Ma hasn't raised money yet, JeremyXu has already paid attention to him, and even bought his company's domain name in advance, just to prevent him from becoming bigger, which gives Lin Xiaru the feeling that behind a rabbit, there is always a tiger watching in the dark!

The mere fact that he bought the domain name is enough to prove how powerful JeremyXu's murderous intent is.

This also made her immediately feel that Boss Ma's pattern was indeed insufficient.

I have been talking about globalization, why didn't I buy the domain name of the company in advance? and let this Jeremy Xu buy it?

This really confirms Jeremy Xu's judgment on him: there is no money! Everything can only be started after the capital transfusion.

In the end, she couldn't help but sigh in her heart that Boss Ma's team's sense of confidentiality was too poor!

It's really bad, it's too bad!

Otherwise, how could this JeremyXu have such a clear grasp of his affairs?

When he founded the company, how much money he put forward together, how many people are in the team, who are the well-known people, and what are the advantages of each person, the other party is all clear.

For example, he knows which school Boss Ma graduated from, knows that he has been to the United States, knows that he lacks Internet background and technical foundation, and also knows that he is eloquent, but he is suspected of talking on paper;

At the same time, he also knew that Cai Chongxin was born on Wall Street, and his resume and qualifications were very good-looking, but he was not rational enough.

Otherwise, they would not have given up their job on Wall Street for the sake of such a start-up.

Seeing this, Lin Xiaru had already sentenced Ali to death in his heart.

With such a strong competitor behind him, he not only doesn't know it, but also daydreams of globalization every day.