Chapter 179: Industry Fever (Part II)
Gui Ming and Sun Yun, who had worked hard for a year, finally moved their headquarters to Jinmen after several fake lawsuits and several wall hits. Relying on Gui Ming's connections, Jisu Online Shopping has reached cooperation agreements with several mobile phone manufacturers to carry out online mobile phone sales, and the company has developed well.
I never thought that as soon as they started the online mobile phone sales business, SOHU Tesco immediately followed suit, and relying on their strong strength, they almost wiped out the well-known domestic mobile phone manufacturers. Even Ali, who is far away in Hangzhou, has followed suit and also launched an online mobile phone sales business, and they sell copycat machines of acceptable quality, which are outrageously cheap.
At this time, Gui Ming knew what the pain of entrepreneurship was. Compared with Sohu Tesco and Ali, which are not bad for money, they rely on the speed network supported by millions of dividends every month to be a baby.
Fortunately, they have two bold good friends named Guo Yuelin and Chen Jinshui, Xiaosi and Shui Tsai saw the prospects of this industry, and quickly merged the speed Internet café and speed technology into the speed network, and used the profits of the two stalls to support. Shui Tsai, who used to follow Li Jiaming the most, saw that after Sohu was successfully listed, he looked for investment partners everywhere in the previous hours, and pulled him into the board of directors.
Now, with Zhong Chaocheng's capital injection of more than 10 million US dollars, Jisu finally has the strength to build its own warehousing and logistics. Then, three former students and one former subordinate watched excitedly as Zhong Chaocheng was looking for the government to grant land to build the largest warehousing center and logistics ......company in North China in Jinmen and Zhongguancun.
However, the company's money was burned out, and the company was in trouble. In an era when the vast majority of Internet users still have to access the Internet through Internet cafes, how can e-commerce develop? The security of an online transaction alone can make the vast majority of Internet users shy away.
However, if we have embarked on this road, we must persist and seize this first-mover advantage!
Gui Ming and they have more choices than Zhang Zhaoyang and them before, and Zhong Chaocheng, who was squeezed out of SOHU, does not have the same good reputation as Li Jiaming, how could Gui Ming and the three of them allow him to continue to increase investment?
When Ji Su encountered financial problems, Gui Ming and his three classmates and brothers muttered, and after vetoing the boss who could not wade into this troubled water, they immediately thought of two rich people - Deng Hao and Chen Dong. These two are not mortals, Deng Hao needless to say, that is the brother-in-law of the boss, although Chen Dong has withdrawn from the board of directors of SOHU, he is still a VP and is in charge of the company's advertising business. There is also an upright reason, these two are also the major shareholders of NetEase, which can promote the cooperation between Jisu and NetEase.
In this way, Zhong Chaocheng, who worked hard for the company, just proposed to increase investment and did not talk about the company's valuation, but suddenly three former students and one former subordinate used their voting rights to forcibly pass the financing of Deng Hao and Chen Dong.
Sick!
After Li Jiaming listened to Zhong Chaocheng's nonsense that he was complaining about his grievances and was actually asking for guilt, he scolded secretly. Even for the sake of his friends, Li Jiaming wanted to hit people directly, but his brother-in-law was involved, so he had to listen patiently.
"Jiaming, it is impossible for people to be selfless. At that time, I really wanted to take more shares, but Gui Ming and the others took the initiative to pull your brother-in-law and Chen Dong into the company, and I still agreed. If the company wants to develop, it is impossible not to need powerful friends.
Now it's different, Goldman Sachs and SoftBank value the company at $500 million, and your brother-in-law and Chen Dong and Gui Ming don't agree to let them invest, which is not true. You and I both know that prosperity must decline, if you don't take advantage of this craze to pinch more cash in your hands, you won't be able to cry when the time comes!"
Li Jiaming, who was still disdainful just now, tightened his heart and began to really face the former counselor in front of him. In such a fanatical situation, it is not a small skill to be so rational and calm. Perhaps, maybe Lao Ma and Lao Gu will have a headache in the future.
After hesitating for a while, Li Jiaming muttered: "Brother Cheng, your opinion is right, we also think that this is a huge bubble, and Lao Gu is talking to Yahoo people about financing."
But I can't help you with that. Lao Ma and Lao Gu have already asked me to fight with my left hand and my right hand, if I help you make peace again, then what's the matter with me?"
Zhong Chaocheng finally breathed a sigh, in fact, Li Jiaming didn't need to come forward in this matter, as long as he agreed with the bubble. Li Jiaming thinks that this is a bubble, Shui Tsai and Deng Hao will stand up and do the work again, and Xiao Guo and Sun Yun may also support it.
But Zhong Chaocheng overestimated Li Jiaming's influence, except for Shui Zai, who regarded him as his eldest brother, the rest of the people didn't believe that this would be a big bubble, even Chen Dong and Deng Hao didn't believe it. At the board meeting of the company, they rejected Zhong Chaocheng's financing plan, and instead used the company's shares as collateral to borrow 200 million RMB from Deng Hao and Chen Dong to continue a new round of expansion.
It's going to rain, so he can only go, and Li Jiaming can only think so after listening to his brother-in-law's explanation. Anyway, 100 million RMB can't affect my brother-in-law's main business, so I should spend money to buy a lesson.
After several rounds of simple negotiations, the two sides signed an investment agreement of up to $600 million, and it was a one-time capital injection in exchange for a 25% stake in Sohu Tesco, which completely pushed the Internet boom to the peak of fanaticism.
An Internet company that has only been established for four and a half months can be valued at $2.4 billion!
Fanatics selectively forget that SOHU Tesco has seven modern warehousing centers that are about to be built, improving the logistics links in seven major cities such as coastal and Jiangcheng, and has submitted an application for the establishment of third-party payment instruments with ICBC, ABC and Jianxiang CBRC.
But if this fire continues, not to mention that domestic investors and entrepreneurs are crazy, even those American venture capital funds that followed Yahoo into China are also crazy.
The layman looks at the bustle, and the insider looks at the doorway. Although those foreign devils live in high-end hotels and high-end office buildings, they are not vegetarians. As long as the political situation remains stable, China's economic development cannot be slow. What will happen when a fast-growing economy brings about rapid urbanization, an accelerated pace of life, and a large number of rural people moving into cities?
It doesn't matter if there are other industries, venture capital funds only care about the Internet field with the highest rate of return, and Yahoo's investment of 50 million yuan has achieved an astonishing 6,750 percent return within three years! Hua Guoguang has a population base six times that of the United States, and the construction of the Internet has been fully rolled out, even in the most remote counties, so that it can accommodate at least six Yahoo, six Amazon, and six AOLs!
So, everyone's task is to find the next sohu, the next sohu Tesco!
It is impossible for a SOHU company to be a company, so who is most likely to become the next SOHU, the next SOHU Tesco?
NetEase!fm365!Ali!Speed!eBay......
American capitalists have money! One dollar is worth 8.28 RMB!
In this wave of craze, NetEase and Speed have attracted the attention of venture capital funds the most.
Needless to say, NetEase used to be a portal, but after the listing, the original group of people resigned and started anew. They are not short of money, Ding Lei cashed out more than 100 million yuan, and pulled Zeng Qiang, Deng Hao, Chen Dong and their gangs, and various venture capital companies have no chance to invest. FM365 is similar, backed by the powerful Lenovo Group, they are not bad for money, and Ali is the same, even if you have money, you can't invest it.
Ding Lei is not Zhong Chaocheng, although he does not have a dominant share, he has an advantage in voting rights, and he controls the entire NetEase team.
1.4 billion!
USD!
According to the comparison of NetEase's data with China.com and TOM.com, Ding Lei and SoftBank's Son Masayoshi hit it off. With 25% of the shares, NetEase got 350 million yuan of financing without financial monitoring and preferential liquidation rights.
Stimulated by these two factors, the Internet boom in China, which was already boiling oil, has become a frenzy, and it has finally entered a real fork in history.