For Xianyu, if it can get financing from Penguin Group, it will be very beneficial to development. Penguin Group is one of the Internet giants in China, and its channels and resources are not comparable to the current Xianyu.

Even the network of friends can't compare.

But for now, Xianyu has not yet reached the time for financing.

Because the development of Xianyu has not yet encountered a bottleneck.

So Zheng Ge refused without hesitation.

"Is that so?"

Jiao Wenbo was a little disappointed.

After a few pleasantries, Jiao Wenbo hung up the phone. looked at a middle-aged man sitting opposite him, talked about his hand, and said regretfully: "Lao Lin, he refused, without a little hesitation." ”

This person is Lin Dong, director of the investment department of Penguin Group.

Lin Dong is the director of the investment department, with the title of vice president of the group, one level higher than Jiao Wenbo. Jiao Wenbo can only be regarded as the middle-level leader of the Penguin Group, while Lin Dong belongs to the senior leaders of the group.

But the two of them have a particularly good personal relationship.

The investment department plans to finance Xianyu, and knows that Jiao Wenbo and Zheng Ge have been in contact, so they came to inquire about the situation.

As a result, Xi Meng happened to call Xingshi to ask for the crime, and Jiao Wenbo took the opportunity to bring up the matter of financing.

"Lao Lin, the company is so optimistic about the idle goods market?"

Jiao Wenbo asked curiously.

"It's not that the company is optimistic, it's that the market is optimistic. The investment department has done market analysis and risk assessment. Don't underestimate this market, once it is done, it is likely to become a trillion market in the future. ”

Director Lin Dong said.

"A trillion market?"

Jiao Wenbo gasped, calmed down, and said: "Zheng Ge controls the vast majority of Xianyu's equity, and he doesn't agree with it, even Meng Tongfeng, the founder, can't do it." That is, financing is likely to fail. ”

Lin Dong nodded and took a sip of tea.

"Lao Lin! Since the group is optimistic about this market, then we can do it ourselves! With the funds and channels of our Penguin Group, we are afraid that we will not be able to do it?" Jiao Wenbo said with some confusion.

Why do I have to raise money?

Wouldn't it be okay to just copy one?

Of course, it's an exaggeration to say that copying, after all, the Internet patent law is there. Blatantly copying is not a no, something needs to be changed.

Director Lin sighed, "Alas, Lao Jiao! You should know that there are not funds and channels to do the market. In the Internet industry, our group will follow suit in various markets. For example, e-commerce and online live broadcasting, we have invested a lot of resources to develop, but the result is ......"

Director Lin shook his head, Penguin Group has done e-commerce, and it is one of the five major e-commerce platforms in China, but what about the real situation?

As for the live broadcast, he also competed with Yao Yao at the beginning.

As a result, Penguin and Yao Yao both lost, and only Shark Live successfully rose.

Later, Penguin Live was merged into Shark Live and became the hegemon of the online live broadcast industry. Penguin Group invested in Shark with the Penguin Live platform and became a family, which is not a complete defeat.

Only Yao Yao failed and exited.

"Idle goods trading is a new market, belonging to an alternative e-commerce platform, but the model is different. New markets represent unknown risks. We don't know, whether this model will be accepted by people? Although there is Xianyu in front of the path, the momentum of development is also good, but Xianyu is too small after all, according to Xianyu as a reference, it is impossible to see the future of this market. In fact, in this matter, the group has prepared two sets of plans. One is to finance Xianyu, and it is best to achieve holding. The second is to revise our e-commerce platform. Based on the e-commerce platform, we will do idle goods trading. Director Lin said.

"So, the group has completely abandoned the e-commerce market?"

Jiao Wenbo said.

"It's not a kind of giving up, and the trading of idle goods is also a kind of e-commerce. Taobao, Tesco and several others have become a hot spot. It's hard for us to compete with these companies in the e-commerce market. It just so happens that the emergence of idle goods trading can be regarded as finding a way out for our e-commerce platform. Director Lin Dong said with a smile.

Without the existence of TT Group, a natural rival, Penguin Group may be stumbling in the e-commerce market.

But there is no way, TT Group is the natural enemy of penguins.

At its core, Penguin is instant messaging.

Engaging in e-commerce and live broadcast can only be regarded as expanding the territory, and it doesn't matter if it fails.

If the instant messaging side loses again, it will be a catastrophe for the penguins.

Jiao Wenbo nodded, remembered something, and said, "Speaking of Xianyu, I think of a similar platform. ”

"You said 'borrow'. ”

Director Lin Dong said with a smile.

"Yes. ”

Jiao Wenbo nodded.

"The major shareholder of the borrowing platform is Modu Construction Capital, and the founder only has 10% of the equity in his hands, and his rights are basically hollowed out. ”

Director Lin sighed, "Young entrepreneurs, I don't know the power of capital. In the early days of entrepreneurship, I only knew how to blindly ask for money. Looking back, it's too late to regret it. However, for an innovative company, the founder loses his rights, which is also very detrimental to the development of the company. By the way, I heard that Zheng Ge's investment in Friends Network and Xianyu also account for a very large proportion of shares?"

"Haha, yes, it's said to be 90% as well. However, Zheng Ge is not the same as Jiancheng Capital, otherwise the friend network would not have developed to the current scale. There is a faint tendency to threaten our penguins. ”

Jiao Wenbo laughed.

"That's right. Director Lin nodded, "But in an enterprise, the equity is too concentrated, which is always a hidden danger." ”

Jiao Wenbo nodded, shook his head and smiled: "Okay, let's not talk about others." As for borrowing, doesn't the group have any plans to acquire?"

But the founder's rights were hollowed out, and our investment department contacted Jiancheng Capital, and the other party also agreed to sell the shares, but the asking price was too ruthless. Do you know how much they value the loan?" said Director Lin.

"How much?" Jiao Wenbo curious.

"10 billion. ”

Director Lin exhaled deeply.

Jiao Wenbo: "......"

The valuation of the borrowing platform is not as good as Xianyu.

Xianyu's valuation is only 100 million, and he wants 10 billion to borrow, which is too big for a lion.

......

Hangzhou City, Friends Network Company.

"Next, we will cooperate deeply with Penguin Group and seize the opportunity. Use the channels of the Penguin Group to make Weibo a reality. ”

In the office, after ending the call with Jiao Wenbo, Zheng Ge said to Xi Meng.

"Hmm!"

Simon nodded, she was quite satisfied that this matter could achieve such a result.

"I made an appointment with Meng Tongfeng tonight, let's have dinner together in the evening. ”

Zheng Ge said again.

"Okay. ”

Simon nodded.

Although Friends has already carried out some cooperation with Xianyu, it is only a preliminary cooperation. She and Meng Tongfeng haven't even met yet. The current cooperation is only because of Zheng Ge's bond.

Without Zheng Ge, Friends.com and Xianyu, there would be no intersection.

......

In the evening, Zheng Ge and Xi Meng drove to a hot pot restaurant on the edge of the West Lake.

After arriving, Meng Tongfeng had already arrived and was standing in front of the hotel waiting for them.

"Brother Zheng, Mr. Xi. ”

Meng Tongfeng stepped forward and shouted.

"Let's go, let's go in. ”

Zheng Ge glanced Meng Tongfeng up and down, a few months have passed, and the youthfulness that just left the campus has disappeared, but the introversion and shyness still exist.

That's not a disadvantage either.

The three of them walked into the hot pot restaurant, and they didn't sit in the private room, so they found a slightly secluded corner of the hall and sat down.

Before Zheng Ge and Xi Meng came, Meng Tongfeng had already ordered the bottom of the pot, and Zheng Ge and Xi Meng just ordered some of their favorite dishes.

The bottom of the pot boiled, and the three of them began to talk while eating.

After a while, he was sweating profusely.

At this moment, a quarrel came, interrupting their small talk, and they looked up to hear the sound.

"Huh!"

Looking up, Zheng Ge was stunned for a moment, but he didn't expect that the person who had a dispute over there was still an acquaintance.

Zheng Ge turned his head, looked at Meng Tongfeng, and said with a smile: "Tongfeng, what a coincidence!"

"It's a coincidence. ”

Meng Tongfeng, who was originally full of smiles, his face sank.

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