On May 4, 2014, Beijing University planned a theatrical performance to commemorate the 95th anniversary of the May Fourth Movement.

As a well-known alumnus and one of the sponsors of the event, Zhang Yida was invited to attend the party.

Robin Lee and Dongfang Yu also came, sitting in the first row, and next to them sat along:

Li Bing, Chairman and CEO of Yiju, Sun Tao, Chairman of Karaka, Zhao Wuquan, Chairman of GreenFocus, Hou Bing, Chairman of Gaowei Map, Wang Zhidong, Chairman of Xinlang, Zhuang Bangxin, Chairman of Xueeryou, and many other bigwigs of listed companies.

Zhang Yida sat in the second row, and next to him were:

Zhang Chenchao, founder and chairman of Quwhere, Tang Lin, founder of Yiyin Loan, Yang Yihu, founder of Renren Youxin, Xu Yi, founder of Meimeihua, Wang Junyu, founder of Peajian, Chen Hua, founder of Singma, Xu Dan, founder of Tick Recruitment Network, Liu Lan, founder of Honey Baby, Fang Siwen, founder of Snowball, and other chairmen and CEOs of startup companies.

The seating arrangement is still very knowledgeable, and the first row is full of senior leaders, scientific research experts and a number of business tycoons of listed companies.

The second and third rows are Zhang Yida, the small bosses of these start-ups.

It's said that it's a small boss, but it's actually okay. The high ones have a valuation of $3 billion, and the medium ones have a letter, beautiful words, and pea tips have received hundreds of millions of dollars in financing;

Singma, Tick Recruitment, Honey Baby, and Snowball, which were established late, have also received tens of millions of dollars in financing at this stage.

Zhang Yida was a little surprised, how did Zhang Chenchao, a big man in the OTA industry, sit in the second row, where did he go to be listed in the United States last year, and now the market value is as high as 3.5 billion US dollars.

Zhang Yida walked to the second row, said hello to all the brothers and sisters, and then found a seat with his name written on it in the second row and sat down.

The first row is full of forty or fifty years old, and fifty or sixty-year-old uncles and aunts will not be mentioned.

The second row and the third row are almost all young and middle-aged people in their twenties, nineteens, and thirties.

Zhang Yida's young face is indeed a bit dazzling here, and it is definitely no more than twenty-two or three years old.

Some people who didn't know Zhang Yida asked left and right: "Who is this little friend?

People who know the inside story quipped: "It's not the president of the student union, it's a small giant of Internet finance."

Ruixiang Jinke, which was founded last year, only completed a $500 million Series B financing led by Temasek some time ago, and is rumored to be valued at more than $3 billion. ”

"Cowman, I think he's only in his early twenties at most!

His name is Zhang Yida, a first-year student in the history department, and he is only 19 years old. ”

Our honey baby only got a few million dollars in Series A financing last November. Compared with this little junior brother, he was turned into scum in seconds!"

"It's really a cow, Sing Ma is still planning a Series C financing recently, and it is estimated that the amount of tens of millions of dollars will reach the sky. It's still a promising place in finance. ”

"There is a future in finance, which is big finance, bank-securities and credit-keeping. Snowball has been in business for so many years, and has been an investor communication community, with a valuation of less than $400 million. It is difficult to finance 40 million dollars in the C round. ”

"Yihu, Senior Brother Tang, how is the loan of Xinhe Yiyin recently? Internet finance is so popular this year!"

"Everyone has a letter that only took $130 million in Series A last year, and there should be a big move this year!"

"What a big move! I burn money every day, and I'm dying of worry. It's hard to make a profit! It's still Senior Brother Zhang's sharp direction and comfort, and the advertising fee is soft. ”

"Yes! Yiyin Loan and Ruixiang have been doing customer acquisition promotion cooperation last year, and my heart aches when the advertising fee is burned! However, I am still very satisfied with the customer acquisition effect, from last year to this year, the investment users of Yiyin Loan have increased by hundreds of thousands. ”

"Yiyin Loan, does everyone have a letter to cooperate with Ruixiang? We focus on Internet job recruitment, and there is still a lot of room for cooperation with Internet companies. ”

"Lao Xu, there are dozens of Internet companies present. You will definitely gain something from sending out business cards one by one. I'll do it!"

"Yes, everyone's companies belong to all walks of life. You can really cooperate more!"

"Their gang of listed bigwigs set up a Beijing University Entrepreneur Club, which is a second-level branch organization authorized by the Beijing University Alumni Association. We can also set up an organization of a start-up company! It is called the Beijing University Young Entrepreneurs Association, or "Beijing University Youth Enterprise Association" for short. ”

"I'll do it. They are all alumni and come from all walks of life. There are those who do tourism, some who do finance, as well as maternal and child e-commerce, recruitment, application market, entertainment and other industries. When everyone gets together, they can communicate if they have nothing to do, and their resources complement each other. ”

......

Zhang Yida sat in the seat, next to him was Zhang Chenchao who was going. Zhang Yida stretched out his hand and shook hands with Zhang Chenchao, and introduced himself:

"Senior Brother Zhang, hello! My name is Zhang Yida, and I am from the Department of History. ”

Zhang Chenchao knew some things about Zhang Yida, and joked with a smile:

"Hello, I'm Zhang Chenchao from the Department of Electronic Engineering. ”

Born in 1976, Zhang Chenchao is a mathematical prodigy and an entrepreneurial genius.

At the age of 18, he was sent to Peking University, started to do search 2 years earlier than Robin Lee, started 3 businesses and succeeded 3 times, earned 100 million at the age of 24, and found out where to go for 30 billion in 8 years.

Zhang Yida is similar to him in some aspects, and the two chatted happily.

Robin Lee in the front row turned his head to look at Zhang Yida at this time and said:

"Senior Brother Zhang, congratulations to Ruixiang for completing the B round of financing! ”

"Hehe, Senior Brother Li. We've been advertising on your search engine. If you increase cooperation in the future, you will have to give me some discounts. ”

Zhang Yida had dealt with Robin Lee before raising equity investment funds, and he was quite familiar, so they started a joke together.

"Haha, it's all trifle. When I go back, I'll ask the advertising department to re-sign a cooperation agreement with you, and the highest level of customer discount will be given to you. Robin Lee also replied with a smile.

Zhang Chenchao turned his gaze to the side and chatted with other entrepreneurs.

Robin Lee didn't greet him, and he directly treated Robin Lee as air.

These small details have fallen into Zhang Yida's eyes, and the specific reasons are very clear to him who has many memories of later generations.

In 2011, Qiandu Strategic invested $306 million in Qunar and directly obtained 62% of Qunar's equity, while Zhang Chenchao's shareholding ratio dropped to 7%.

At that time, where to go to fight with Ctrip was in full swing, and Ctrip took out 1000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

Zhang Chenchao had no choice but to sign this deed of sale with Qiandu.

In March and April this year, Qiandu wanted to merge Qunar and Ctrip.

As for the merger with the sworn enemy, Zhang Chenchao, as the founder and CEO of the company, is particularly rejected and opposed.

In fact, at this time in 14 years, there was already a crack in the relationship between Qiandu senior management and Zhang Chenchao, and there were two main reasons:

As a company controlled by Qiandu, Qiandu has no special tendency to go anywhere in terms of resource integration in the field of travel search, and has taken a lot of Ctrip's content;

There is a certain conflict between the business such as the hotel and the business of Qiandu's map and group buying;

What's more, Qiandu Holdings still did not communicate with each other smoothly after going there.

Qiandu is currently fighting in the field of O2O and video, and does not want to continue to "burn money" in the field of online travel, and Zhang Chenchao insists on winning Ctrip, and as a result, Zhang Chenchao and Qiandu management are very unhappy.

Due to the above reasons, the current Zhang Chenchao didn't even bother to say hello when he saw Robin Lee.

In 15 years, that is, next year, Ctrip will announce that it has reached a deal with Qiandu, and through the equity exchange with Qiandu, Ctrip will have about 45% of the total voting rights of Qunar.

Where to go changed from a holding subsidiary of Qiandu to a holding subsidiary of Ctrip. Ctrip became a holding subsidiary of Qiandu.

Where to go from a son to a grandson all at once!

Poor Zhuang Chenchao, Qiandu and Ctrip privately made a deal agreement, and he was kept in the dark until a few days before the public announcement, he didn't know about it.

The most ironic thing is that before cooperating with Qiandu, Zhang Chenchao said this in an interview:

"Does Qiandu restrict our development? It doesn't have that right in the legal sphere.

Qiandu is a very trustworthy company, it will never go back, it will do what it says, which is a very important reason why I like Qiandu very much. ”

Thinking of this, Zhang Yida felt that the elegant uncle Robin Li in front of him suddenly became much uglier.

But if you think about it, businessmen!

And where to go is not a company he founded himself, there is no deep feeling. The transaction is still controlled by Qiandu, and the direct holding has become an indirect holding.

The control is still in the hands, but in a different form. Moreover, after Ctrip dominated the world, the stock price skyrocketed, and Qiandu also made a lot of money.

Zhang Chenchao has actually been out of the game since the moment his shareholding ratio dropped to 7%.

Zhang Yida sighed with some emotion, Ruixiang still holds 52.5% of the shares, and the management and decision-making power are still very stable.

However, if Ruixiang wants to become bigger and defeat the giants in the future, it is estimated that it will have to accept multiple rounds of financing, and the shares will be further diluted.

When the combined shareholding ratio of him and Lin Zhenyang drops to less than 10%, the voting rights will basically be below 50%.

In this case, he has to be vigilant.

After all, no one wants to be swept away from the business they founded.

Capital is a double-edged sword, if used well, it can help enterprises seize the market and help take off; if it is not used well, it will backfire on the founders and even go out.

Tang Lin and Yang Yihu organized and planned to establish a "Beijing University Young Entrepreneurs Association".

Zhang Chenchao leaned over and listened to it, and he also recognized it. also recommended that they bring Zhang Yida to join the club.

Then a group of people told Zhang Yida about the starting point of the establishment of the association and the direction of its future operation.

Zhang Yida listened to it and felt that he could join one. After all, this society can't go it alone.

With such an alumni entrepreneur platform, everyone can help each other, and resources can also be complemented to achieve a win-win situation for all parties.

After reaching a preliminary intention, they did not continue to chat.

Because the art show is about to start.