Venture capital funds have their hatefulness, but without foreign venture capital funds, domestic Internet companies would not even be able to reach the threshold for listing. It's one thing not to be short of money, and if Thunder Online wants to take advantage of the opportunity of the NASDAQ bubble to make a big profit, it is still necessary to introduce foreign venture capital funds.

In order to be able to sell their shares before the bubble bursts, the listing time should not be at least later than August this year, after all, venture capital and start-up shareholders have a six-month lock-up period.

Yu Jun held the corner of his forehead and thought, the middle-aged man and Luo Yuan had already exchanged business cards, and squinted at it, and there was a row of Song characters written on it, Zhou Quan, senior partner of IdgVc. Listening to Zhou Quan's accent, he should not be a native Chinese, or a Chinese who has lived in the United States for a long time.

quot; This is ...... quot;

Zhou Quan looked at Yu Jun suspiciously, he did his homework before coming, and the senior management of Thunder Online knew that Yu Jun had a young face, and it should be Luo Fei, the technical officer of Xi, but he couldn't see any similarities between him and Luo Yuan's appearance.

If it was an unimportant person, Zhou Quan wanted Luo Yuan to ask him to leave, but he could sit in Luo Yuan's office with a relaxed expression, how could he be an unimportant person.

quot; You talk about it first. quot;

Yu Jun closed the laptop and held it in his hand and said: quot; I'll go to Luo Fei's office and sit down. quot;

Zhou Quan watched Yu Jun walk away in surprise, calling Luo Fei's name to indicate that his position would not be lower than the former, and several names of Fengyun Network, the parent company of Thunder Online, flashed in his mind, and asked: quot; Miss Luo, was that Vice President Wang just now? quot;

Luo Yuan smiled and shook his head: quot; He's an idler. quot;

Yu Jun's identity is classified in the Fengyun network, and when Lei Jun, Qiu Zhongjun, and Xu Tingchun heard his name, it was consciously leaked, and it was normal for Zhou Quan not to know Yu Jun's existence.

In Luo Fei's office, Yu Jun arranged for Qin Haitong to investigate Zhou Quan's details, so that only by knowing himself and the other can he take the initiative at the negotiation table, which Yu Jun learned from Wei Jing.

According to a report by the Internet Information Center, Thunder Online jumped to second place in less than two months, with four portals, Sohu, Sina, China.com and Yinhe.com, second only to NetEase, which relies on free mailboxes to attract a large number of users.

But according to the momentum of Thunder Online, it will be completely more than NetEase in the middle of the year, and it will not be any problem.

The huge Internet café promotion system allows Thunder Online to occupy an advantage in promotion, which is incomparable to any portal.

quot; Jun Shao, Zhou Quan's experience is very interesting. quot;

An hour later, Qin Haitong's call came back, and there was no result in the negotiation between Luo Yuan and Zhou Quan.

quot; He went to the United States as a teenager, worked his way through Harvard Law School, then worked in the legal department at Microsoft, and finally became vice president of law. After resigning and returning to China, he joined IdgVc as a venture capital fund and is one of the senior partners. He once invested in Qiandao Games, which was not a success, and then invested in Lianbang Software, and is now a director of IdgVc in Lianbang Software. Sohu's investment was also made by him. quot;

Lianbang Software's equity is extremely dispersed, Qinglian Group holds part of the shares, and IdgVc is the second largest shareholder, which Yu Jun is aware of, but he didn't expect it to be Zhou Quan's handiwork.

quot; There are also some small entrepreneurial companies, and his investment direction is mainly concentrated in software, Internet and related industries, and almost no traditional industries. quot;

This is related to the general trend of the venture capital fund market, and Zhou Quan also has a certain relationship with himself, his experience at Microsoft, must have influenced the company in IdgVbsp; quot; Not a good person to deal with, and the largest investment was not more than 10 million dollars. quot;

This is Qin Haitong's summary, after Yu Jun hung up the phone, he held the pen and wrote something on the white paper at hand. It wasn't Luo Fei's turn to be on duty today, his office was empty, and Luo Yuan said that he went to Qi County to relax.

Qin Haitong's report made Yu Jun interested in Qiandao Games, the company that had opened the Water Margin Juyi Chapter, a classic game based on the four famous novels, has been focusing on technical research, thinking that it is normal to lose money, and the director invested about two million US dollars the year before last, accounting for 100% of the company's 40 shares. Now the company is declining, and it is already difficult.

But it is undeniable that a large number of game engineers in the former island game have the value of recruitment, and it is best to take advantage of this panicked opportunity to dig up the foot of the human wall.

I called Qiu Zhongjun and asked him to arrange for the person in charge of the personnel department of Kingsoft to try the corner of the leading game.

After another hour and a half, there seemed to be no news from Luo Yuan's side.

Yu Jun was bored waiting, so he simply came to Luo Yuan's office, except for her and Zhou Quan, the young men and women who were originally sitting in the conference room all came over, and there was a large pile of A4 paper on the coffee table.

quot; In terms of profit, I'm afraid that Mr. Zhou's investment in Sohu is not profitable, right? quot; Luo Yuan pursed her lips and said.

Last year, NetEase made millions of profits and appeared in the paper media of major IT industries, while Sohu is still in the stage of burning money. Luo Yuan was able to say this, obviously because Zhou Quan wanted to use the case of investing in Sohu to persuade her.

quot; For the time being, it is not profitable, but the number of user registrations, clicks, and growth in all aspects of Sohu are predictable, and we are investing in the future of Sohu. quot;

Zhou Quan's words made Yu Jun shake his head, if the domestic portal did not survive by moving SP, and then survived until the day when the willows were bright, I don't know how many would fall. In fact, the once glorious portal, such as Lenovo's Fm365, later declined, and it cannot be said that it did not step on this move.

Thunder Online is far from being profitable, but relying on the long-term cooperation with Kingsoft in online games, the revenue is still expected to be extremely high, but now few people can see the huge profits of online games.

quot; IdgVte1, Dow Jones, Morningside three companies invested in Sohu, the total amount is not small, now Sohu user registration, the number of clicks is much lower than Thunder Online, the growth is much inferior, it is said to be 'go out to find a map, go online to find Sohu', but Sohu transformation portal, Sohu's search function has been greatly weakened, as for the search engine, I think Mr. Zhou wants to value this portal known as China's Yahoo, it is better to wait until April to see another work of Thunder Online. quot;

Yu Jun smiled and sat next to Luo Yuan, looking at Zhou Quan, whose eyes were staring at him motionless.

quot; Does this gentleman mean that Thunder Online is also going to be a search engine? Like Yahoo? quot;

Yu Jun shrugged and said: quot; Yahoo is a second-generation search engine, stagnate, not our style, the new search engine will be composed of a new number structure, algorithms, crawling methods, in other words, it will be a new search engine. quot;

The young men and women looked at each other disapprovingly, and anyone could say big things.

Zhou Quan looked at Yu Jun fixedly: quot; Can you tell me your name, sir? quot;

Yu Jun smiled, took out a silver business card from his shirt and handed it over.

quot; Yu Jun, Chairman of the Board of Directors of Fengyun Network...... quot; Zhou Quan read out the words on it in surprise.

There are two business cards in Yu Jun's arms, one with the title of special adviser, and the other is handed to Zhou Quan.

quot; Dare to ask Mr. Yu Guigeng? quot; Zhou Quan couldn't help but ask.

Fengyun Network is also a company that Zhou Quan pays attention to, but after investigation, this company that has become a large enterprise after only one year of exhibition is not short of money, and basically has no financing needs.

quot; Eighteen. quot;

Yu Jun's understated answer made Zhou Quan's face look shocked, and the young men and women were even more shocked.

quot; There's no need to focus on me, what did you talk about earlier? quot;

Yu Jun picked up the information on the coffee table, on which was IdgVc's financing plan, and in Yu Jun's hand, IdgVc proposed to take out eight million US dollars to invest in Thunder Online in exchange for 30% of the shares.

The initial investment of the entire Thunder Online has reached 100 million yuan, and the annual operating expenses need to be more than 20 million, in other words, the amount invested by Fengyun Network in Thunder Online this year will be as high as 120 million.

Eight million US dollars is converted into * RMB at about 65 million, 30% of the shares, IdgVc has made a certain premium, but in terms of the status of Thunder Online, the heart is still a little darker.

Now that Zhou Quan understands that this is the real person, he pays attention to his expression.

quot; What do you think? quot; Yu Jun turned sideways to ask Luo Yuan.

Luo Yuan didn't expect him to ask in front of Zhou Quan and others, and hesitated for a moment before saying: quot; Compared with the financing scale of Sohu, the equity requirements are too high. quot;

Zhou Quan frowned slightly, and just wanted to open his mouth when he heard Yu Jun say: quot; Miss Luo's statement is my opinion, Thunder Online should not even be as good as Sohu. quot;

What a big breath, Zhou Quan smiled bitterly in his heart, if he hadn't read the report of the China Internet Information Center, he wouldn't have made up his mind to come over this trip.

quot; In this way, let's talk about it first, if Mr. Zhou can't make a decision for the time being, then stay in Yunguang for a few more days, and the unparalleled scenery of the Dafeng River can still be seen. quot;

Yu Jun said and got up and said: quot; I still have something to do, so I'm out of company. quot;

Luo Yuan sent Yu Jun to the elevator: quot; Do you really want to reject them? quot;

quot; Let's talk about it first, it's good to talk about it, it's okay to talk about it badly, quot; Yu Jun smiled, quot; There is no need to stare at just one venture capital fund, IdgVc moved first, and SoftBank and Goldman Sachs will turn a blind eye? quot;

Luo Yuan breathed a sigh of relief, the first time she participated in business negotiations alone, she was always a little uncertain.

quot; You go back first. quot;

Yu Jun waved his hand and stepped into the elevator: quot; This holiday season won't be easy for you. quot;

In business, Yu Jun will not do it with any affection, even if Japan's SoftBank comes, he will treat them calmly and will not look at them with colored glasses.

Thinking of SoftBank's boss, the Korean-Japanese, Yu Jun shook his head.

It's really unpleasant to have two hated countries in one person.