Lao Ma soon flew to Singapore to participate in the Asian E-Commerce Conference, and he was specially invited by the organizers to "represent China".

If nothing else, Lao Ma will shine brightly at this conference. When participants from other countries spoke, they talked about Amazon and analyzed the American Internet over and over again. After coming to power, Lao Ma directly said that Asians should do e-commerce that conforms to the actual situation in Asia, and that the United States is not suitable for Asia.

Then, Lao Ma analyzed the differences between the Asian and North American markets in detail, talked about the situation in various Asian regions, ushered in full applause, and was targeted by some international venture capital companies.

That is to say, Alibaba has not yet registered a company, and it has already made a name for itself in the industry. Every time the data of this website increases by an order of magnitude, it is always concerned by people with intentions, and it is reported by the American media in less than half a year - this is how Tsai Chongxin learned about Alibaba, and when he came to China, he went to investigate, and finally resigned with a high salary to join the Lao Ma team.

There are still 20 days before the Spring Festival, Song Weiyang continued to stay in the capital and asked Zhang Chaoyang and Ding Ming out for a meal.

"Boss, this is Gu Yongjiang. Zhang Chaoyang introduced.

When he was young, Gu Yongjiang was quite thin, with a long face, an inch head, and a suit that looked a little loose. When he laughed, he couldn't help but crook his mouth, which is the kind of "evil smile" described in the middle, which belongs to the bad appearance that girls like: "Boss Song, hello, I have admired my name for a long time!"

Is this teasing me?

Song Weiyang was covered in goosebumps by the other party's evil smile, shook hands and said, "Hello." ”

"I have known Lao Gu since the United States, and he was the vice president of China at Wells Fargo last year, where he was responsible for investments in media, entertainment and industrial projects," Zhang said. Now Sohu is growing and urgently needs a big housekeeper, so I invited Lao Gu here. ”

Song Weiyang smiled: "Welcome to join." ”

Song Weiyang really welcomes Gu Yongjiang to join the company, but Zhang Chaoyang's management ability is a little enough at this stage. And Gu Yong will join the role of Sohu, one is a professional manager, the second is the financial manager, and the third is a financing skill, almost the entire company is shouldered.

Gu Yong will sip red wine and talk about his future work deployment:

First, recruit management and financial talents. In the past, most of Sohu were technical personnel and content personnel, and there was a shortage of management and financial personnel.

Second, improve the administrative and financial management system. Sohu is in Zhang Chaoyang's hands, the administrative management is very casual, and there is no budget to spend money, which Gu Yongjiang thinks is very informal.

Third, open up new revenue points. Now Sohu relies on financing and advertising fees, which is not conducive to long-term development.

Fourth, seek continued financing and listing.

Although Gu Yongjiang did not say it thoroughly and saved enough face for Zhang Chaoyang, Song Weiyang could fully understand. He even wanted to kick Zhang Chaoyang and let Gu Yong preside over the overall situation in the future, because at least Gu Yongjiang's development ideas are clear, and Zhang Chaoyang always sees one step at a time.

Of course, Zhang Chaoyang also has his own advantages, and his vision is very accurate.

Historically, Sohu was made half-dead by Zhang Chaoyang, mainly because the situation was not good after listing, and the pressure from shareholders and underwriters was too great. And Zhang Chaoyang is a "good talker", he can't withstand the pressure of capital, so he can only keep giving up long-term investment projects and obtain short-term benefits.

In fact, as long as Zhang Chaoyang bears it to death, those shareholders and underwriters can't do anything about him, but he just can't bear it!

Li Yanhong carried it, Brother Xiao Ma also carried it, and Ma Xiaoyun even said the same.

Historically, on the day Gu Yong announced that he would leave Sohu, Sohu's stock price plummeted. The reason why Gu Yongjiang left is probably because he disagreed with Zhang Chaoyang on the direction of the company's development, and the two have completely different personalities and work styles.

Gu Yongjiang said with a smile: "I plan to go to Wall Street again after the Spring Festival to complete the third round of financing and listing." ”

"I personally can invest another 10 million yuan. Song Weiyang thought about it and said that he still had some money left after selling his office building and investing in Huawei.

"Then I'll go back and let someone do the financing contract. Gu Yongjiang was still smiling, smiling when he talked and drank, as if his laughing nerves had gotten out of control.

Song Weiyang said: "We will strive to be able to list Sohu before 2000. ”

Gu Yongjiang asked, "Why is it so urgent?"

"U.S. Internet stocks have long been in a bubble, and I'm afraid that the bubble will burst. Song Weiyang told the truth.

Gu Yongjiang was silent for a few seconds, and suddenly smiled: "Boss Song's vision is very accurate. ”

There are now two views on the Internet in the U.S. investment community:

First, the Internet has only just emerged, and stocks can soar for another decade. This is for investors and stockholders.

Second, sooner or later, the dot-com bubble will burst. This is the consensus of the sober-minded, but people are still gambling that this bubble will continue to last for two or three years.

Zhang Chaoyang asked: "Is the Internet bubble really bursting?"

Gu Yongjiang shook his head and said, "I don't know, but it's definitely going to be broken." It could be a year, it could be two years, it could be five years. This prediction is based on basic financial common sense, because 99% of Internet companies do not have any ability to make money except for financing and listing. Investors and stockholders cannot throw money in indefinitely, and when they lose patience, it is when the Internet bubble bursts. I'm not alone, I've been a venture capitalist for several years, and the industry has reached a consensus on Internet investment. ”

"Then why are venture capital firms still happy to do this?" Ding Ming asked.

Gu Yongjiang said: "Because the investment in the Internet has quick results and large returns, at least in the current situation, there is no worry about finding a successor." If one day, you find that a lot of VC firms are starting to sell a lot of Internet stocks, it's that the bubble is bursting, and VC firms are in a hurry to get out of the market. ”

Ding Ming was a little anxious: "Then what about my Sogou search?"

Gu Yongjiang smiled: "Don't panic. This year and next year should be fine, and the venture capital industry is optimistic about the Internet as a whole. Since they are optimistic, they must be good if they are not good, at least on the surface. ”

Song Weiyang also said: "The profit environment of Sogou search is not yet mature, and when the Internet is popularized in China, it is the time for Sogou search to shine, just like Google is developing rapidly in the United States." Therefore, Ding Ming, you continue to develop steadfastly, don't think about financing and going public, we will slowly raise the search engine. ”

"Okay. Ding Ming can only continue to develop obscenely.

Song Weiyang suddenly said: "Lao Zhang, I heard that you have contact with people in the Beijing circle, recommend me someone who understands antiques." ”

"There are a lot of antiques in the capital, and I really know one, but I don't know too much, and I only have dinner with friends. Zhang Chaoyang said.

Song Weiyang said: "I plan to buy a courtyard house in the capital, and I want to have a historical heritage. ”

Zhang Chaoyang said: "I'll help you ask." ”

After making several calls in a row, my friend asked my friend, and Zhang Chaoyang finally asked for the other party's mobile phone number: "Mr. Ma, I'm Zhang Chaoyang, the one from Sohu.com...... Yes, we had dinner together, and Lao Li was also ...... at the time My friend wanted to buy a courtyard house in the capital, but he couldn't look down on the ordinary ones, and wanted to buy some vintage ...... No problem, okay, then we'll see you tomorrow!"