Ad networks are still a loose market, and no one can dominate them.

Google is an old qualification, but the advantage is not big, one is because Google has not officially entered the domestic market, and the access requirements are high, and the idle website may not be able to get money for a year.

Baidu has just joined the battle group, and with the advantage of traffic, it is developing rapidly, but compared with the three major portals, the scale is also very limited.

Undoubtedly, this is a huge opportunity.

Taobao has just started, Taobao Alliance has not even had a shadow, and Baidu's biggest competitor Google is about to fully enter the country, the search market is full of gunsmoke, and naturally there is no time to take care of this piece.

The precedent of google's success is in the past, Kangsheng has the big killer of Discuz, and Zhou Zhengning is inevitably excited, but there are still necessary worries, "The webmaster conference is about to start, in such a short time, Kangsheng does not have any technical accumulation, can you guarantee to come up with a mature plan during this time?"

The technical threshold for ad networks is not high, but it is not without difficulty at all.

Today's billing model is immature, and cheating has become the norm for small and medium-sized sites in order to obtain benefits.

"I'm not going to develop my own system for the time being, and Kangsheng doesn't have the time to do that at the moment. ”

Zhou Zhengning was stunned, he was about to go to the battlefield, but he didn't have any ammunition in his hand, didn't he go up and send the head, "Then what are you going to do?"

Chen Qiaoshan didn't make any fuss, and directly picked out and said: "I'm going to find a ready-made partner, we can organize a large number of websites, this is a resource, I think someone will be tempted by this." ”

"Then who are you going to look for?" Zhou Zhengning was full of doubts, Baidu and Google were obviously not good partners to work with.

As for its advertising alliance, it doesn't matter if you don't mention crooked melons and cracked dates, there are few regular ones, and even some of them directly cooperate with photo stations and Trojan horse stations, which is difficult to last long.

Chen Qiaoshan smiled: "Mr. Zhou, you should know about Linkprice, right?"

Zhou Zhengning frowned, how could he not know.

Linkprice is a South Korean company that has become the largest affiliate marketing platform in South Korea despite its short history, with a large number of high-quality advertisers.

JAFCO Asia participated in two rounds of financing for Linkprice and is the second largest shareholder after the founding team.

South Korea's Internet market is limited, and even if it is fully occupied, it will have to expand outward if it wants to make great progress.

Europe and the United States have long been the territory of Amazon, Google, Yahoo, and AOL, and China, the world's second largest Internet market, has become the most important battlefield.

As early as last year, Linkprice entered China, but it did not meet expectations, and the results were quite dismal, South Korea succeeded, but China hit a wall, which disappointed the ambitious group earlier.

Zhou Zhengning said: "You have inquired clearly, it is true that we are investors in Linkprice, but we only participate in major decisions and do not interfere in specific operations." ”

Chen Qiaoshan couldn't help laughing, venture capital is not charity, the project is not going well, there are countless examples of taking away the founder, he just wants to cooperate, this thing is difficult for Zhou Zhengning.

"Mr. Zhou, the problem with Linkprice is that they are not adaptable, their cheating inspection and directional detection system is very good, and I really don't see the rest, over time, with Kangsheng's R&D strength, it should not be difficult to overcome these technologies. ”

Internet technology is cheap, everyone in the industry understands this, otherwise Discuz would not choose open source.

After a pause, Chen Qiaoshan continued: "This is an opportunity, win-win cooperation or a feather to return, this multiple-choice question shouldn't be difficult, right?"

"Then how do you guarantee the interests of Linkprice?" Zhou Zhengning knows that the key to the problem is not with him, but how to convince the South Koreans, after all, whether it is Kangsheng or Linkprice, as long as one can succeed, JAFCO Asia will make money.

Venture capital is gambling, investing in ten companies may not be able to survive one, but if one succeeds, it is a tenfold and hundredfold return.

"I can't promise anything. Chen Qiaoshan told the truth that cooperating with people is just to buy time.

The cat pounced into Chen Yizhou's hands, and the cat pounce alliance must have been put on the agenda, Tianya hugged Google's thigh, and naturally he would not start another stove.

Only on his side, there is no preparation, Chen Qiaoshan doesn't want to be alone, "In two years, Kangsheng doesn't want any revenue sharing, all of it will be used to subsidize downstream websites, this condition should be able to convince Linkprice, right?"

The refund amount is high, and no website will refuse it.

Zhou Zhengning felt very strange, he couldn't help asking: "If you don't get a revenue share for two years, when the market starts, Linkprice can be completely independent, how can Kangsheng make a profit?"

"In two years, Discuz should have occupied the domestic market, right?"

Zhou Zhengning was silent, today's promotion market is complicated, as the top spot of the domestic search engine, Baidu only has a revenue of several million.

In two years, Kangsheng can develop its own system, and there is no need to care about this benefit, and the promotion of Discuz is the key, and there are users who do not have to worry about not being able to raise funds.

"Okay, I'll talk to Linkprice about this, but you have to come forward for details. ”

"It's simple, I'm in Hong Kong for half a month, and I can contact you at any time. ”

Zhou Zhengning couldn't help laughing when he heard this, "If you don't take care of a good company, what do you do when you go to Goldman Sachs, and if you become an investment banker, the salary will be higher, and in essence, you are still laborers, and the labor intensity is not something that ordinary people can bear." ”

Chen Qiaoshan has long heard that the working hours per week are not less than 70 hours, and the most exaggerated can reach 120 hours, he really wants to feel the rhythm of Goldman Sachs' work, of course, he didn't want to find abuse, "After all, I am only a freshman, and when I come to Hong Kong, I can explain all aspects of the school." ”

Zhou Zhengning didn't take it seriously, he also came out of the investment banking circle back then, and accumulated enough resume before switching to venture capital, and he has a deep understanding of the work of financial blue-collar workers, "You are still young, it is okay to try, if you enter the asset management department, I can introduce you to a client." ”

Chen Qiaoshan asked, "Another project has been withdrawn from JAFCO Asia?"

"You're pretty quick to react. Zhou Zhengning did not deny it, "The news has been implemented, it is estimated that it will be made public tonight, and it doesn't hurt to tell you, Sina acquired UC, and this project is jointly participated by our fund and IDG." ”

In order to boost performance and make up for the negative effects of the shrinking SP business, Sina has made great efforts to enter the field of instant messaging, "Mr. Zhou, is it convenient to disclose the specific transaction amount?"

"It's no secret anymore, $36 million. Zhou Zhengning's face was full of smiles, the mainland market has been successful again and again, he has overfulfilled the task, "The boss of UC is also very young, less than thirty, Xiao Chen, I am optimistic about you, maybe you don't have to wait until you are thirty years old, you can make a more successful product than UC." ”

"I hope so. "Chen Qiaoshan is a little delirious.

Sina and Sohu are the largest potential buyers of the Tsingshan Forum, and after spending so much money on the acquisition of UC, he is a little worried that Sina's intention to continue the acquisition may not be so strong, and if there is only one buyer left, it will be almost meaningless to sell at a high price.

Just think about it, tomorrow morning, Goldman Sachs will be the main event, and Chen Qiaoshan will have to go through an interview before he can finally clarify his whereabouts, which makes his plan more uncertain.