0086 The first venture capital came to the door
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Compared with Baidu's early career trajectory with traces, Alibaba's exhibition trajectory Song Chen is blind. However, for vulgar purposes, in addition to the fact that the name Tencent has appeared and can only be discarded, Baidu and Alibaba Song Chen decided to laugh at it. It's just that since the registration of the associated domain name of aLIBaBa and the launch of the server dedicated to e-commerce, Song Chen's heart is actually far from being as calm as it seems on the surface.
On the second day of the website's launch, Song Chen, who officially named the e-commerce department as the "Alibaba" department and appointed Zhai Yan as the department manager, was still wondering whether to publish advertisements in the newspaper to make a name for himself.
This not only surprised Song Chen, but also made Zhai Yan realize whether he had underestimated the power of the new department he was currently working with. Thinking of Song Chen's valuation of this department at tens of billions of dollars, she was secretly frightened, and at the same time very much looking forward to it.
Before China joined the WTO, small and medium-sized manufacturing enterprises lacked access to supply and demand information, except for foreign trade enterprises, large-scale trade fairs and other platforms. As Song Chen said, Alibaba, as a free supply information platform, has a huge market demand. Although it cannot be compared with the explosive growth of QQ, in just one week, the number of registered members of Alibaba's website has reached thousands, and there are hundreds of supply and demand information, and it has also grown upward with a geometric steepness. Except for most of them, Chinese companies who want to get orders from abroad, the remaining one-third are members from various countries.
The market demand has also given rise to websites in other languages, so Song Chen has to add translators in other mainstream languages on the basis of English translation. Of course, at this time, Song Chen once again showed his heart, and directly placed the recruitment advertisement at the door of the Chinese College outside Dongou University, and the gender was female......
Dozens of young female college students who decisively attracted to apply, and the young and beautiful beauties dressed up with fancy flowers and charming aromas made the eyes of Chenxing's single employees, and the Alibaba department suddenly became a hot discussion among the company's employees.
In the early days of Alibaba's website, when the content was not rich, there was no demand for subdivision of industries and products, and it was basically a text message containing all the information content of the employer. Based on the members' memories of the message board and Song Chen's past life, Alibaba's expanding team began to develop more detailed and rich website applications.
Just when the Alibaba team high-fived and celebrated a good start, even the reborn Song Chen did not know that Alibaba's broad prospects had quickly fallen into the eyes of people with intentions.
Afternoon of January 25, 1998.
When Zeng Qian, dressed in a formal suit, led a man in his early forties in, Song Chen was pacing back and forth in front of the bookcase in his office, frowning and thinking about the company's development strategy. At a time when the company's finances are tight, he has to think about keeping other expenses as tight as possible while the company expands massively.
As a typical example of financial reduction, he and all the managers' offices can be summed up in a simple set of desks, chairs, and bookcases, while the general manager's office has only one more set of sand than his subordinates......
It is gratifying to expect that Qiu Lin optimistically estimates that as long as the team grits its its teeth and works overtime, the branch can come up with a charged version of the Internet café billing system in the middle or late of next month, which can delay the funding gap of Chenxing Company to a certain extent, but it is far from enough......
Tuk Tuk ......
There was a knock on the door of the office, and the beautiful and charming Zeng Qian walked into the office with a sweet smile in her arms, and saw the general manager walking back and forth with her shoulders hugging her and said in a pretty voice: "General manager, there is an investment manager from Hong Kong Wanda Fund, Mr. Wei Wu, looking for you, do you want to meet?" ”
"Wanda Fund?" Song Chen was stunned for a moment, his first reaction was "I haven't heard of this fund", and his second reaction was "This is a venture capital company". He pondered for a while, glanced down at the casual clothes on his body, and nodded, "Please let him in!" ”
There were about thirty-five people who came, wearing a pair of dark-rimmed glasses, looking elegant and elegant, only the cunning that flashed in his small eyes from time to time made Song Chen's body and mind tense and he didn't dare to relax.
Wei Wu couldn't help but be taken aback when he saw Song Chen being such a young company CEO. With a gentle smile on his face, Wei Wu stepped into the footsteps of the wind and handed his hand to Song Chen: "Hello Mr. Song, I took the time to see you in my busy schedule, thank you very much, I never thought that Manager Song was so young!" Contemptible Wei Wu, investment manager of Hong Kong Wanda Fund! ”
"Hello, please be seated!"
After Song Chen shook hands with the other party, he made a "please" gesture.
Wei Wu smiled while observing the furnishings of the office: "Everyone who comes to your company will be shocked by the momentum of the recruitment advertisements placed at the door, but I can't imagine that the company is so simple!" It seems that Mr. Song has encountered the problems encountered by most Internet people! ”
Song Chen's heart sank, but he smiled quietly on the surface: "Although I am not engaged in technology, I respect technology the most!" And the company is the time to open up the market, maintaining a proper simple style can lay a good administrative style for the company! ”
Wei Wu showed a meaningful smile on his face, Song Chen knew that many details of the company could not hide from these old and sophisticated people, so he smiled calmly: "Of course, I don't deny it, because of the company's large-scale expansion, the finances are a little tight!" ”
Wei Wu nodded and said bluntly: "Actually, in the past half month, I have been inspecting Qiantang City in the north of Dongou City!" The day before yesterday, a phone call from the Hong Kong headquarters asked me to inspect the company owned by Alibaba's website! I sent someone to inquire about the news, and someone told me in the morning, it turned out that the Chenxing Internet café system, QQ and Alibaba actually belonged to the same company! Staring at Song Chen's expression, seeing that he always looked indifferent, Wei Wu couldn't help but admire that although the other party was young, his cultivation was not shallow.
Song Chen smiled: "Wanda Fund is a venture capital company? ”
Wei Wuqian smiled and said, "Yes, Mr. Song!" Wanda has several funds! ”
Song Chen groaned and said slowly: "Since it is a venture capital, I probably know Mr. Wei's intention!" Are you interested in our products? ”
"Alibaba.com, to be exact! I don't deny it, this is a very promising website! I wonder if Mr. Song is interested in accepting investment? ”
Song Chen stretched out his hand and smiled: "As you can see, my company's funds are indeed very tight!" Therefore, I welcome long-term venture capital to invest in Chenxing Company! I just don't know what kind of investment plan your company can come up with! ”
Seeing that although Song Chen kept saying "venture capital is welcome", the expression on his face always looked unpredictable, and seeing through the low profile of being flattered by the owner of the investment company, Wei Wu was somewhat uncertain.
"According to our department's research on your website, if you look at the current growth rate, it is conservatively estimated that there will be about 80,000 free registered members on Alibaba.com by the end of the year! Therefore, the investment department believes that two million dollars is a very good valuation for your company's newly established Alibaba division! Under the premise that Alibaba establishes a separate company, if Mr. Song agrees, we are willing to provide 1.5 million US dollars to obtain 5o% equity of Alibaba! As for the controlling stake, we do not make a separate requirement, but a board of directors must be established, and Wanda Fund must have seats that match the shares! ”
put forward the conditions instructed by the senior management of Wanda Fund, and then looked at Song Chen, only to see that he was still calm and quiet. Wei Wu suddenly felt a sense of frustration, as if the person opposite him was not a nineteen-year-old young man, but an adult who was in the middle of a fight.
"Good conditions!" Song Chen smiled approvingly, "Compared with the harsh conditions proposed by some venture capitalists, Mr. Wei gives us a lot of respect......
Considering the words, Song Chen smiled apologetically: "However, although my company still has a big problem in the current capital pool, there are many ways to solve it!" Maybe it's because the time is too urgent, you have time to investigate, I am friends with the heirs of many large enterprises, if there is really a lack of funds, I believe they will give me the greatest help! So I have to regret that I can't accept your company's kindness! ”
Wei Wu frowned, looked at Song Chen's sincere face and asked, "Is it?" Mr. Song really doesn't think about it? You know, $1.5 million is extremely important to the early Internet companies, and I think my company has shown a lot of sincerity! Even though Mr. Song has a wide range of friends, with all due respect, I doubt that your friend can make a decision on behalf of their father! ”
Song Chen smiled but did not speak, the implication was obvious. Helpless, Wei Wu had no choice but to stand up, take out a business card from his pocket and hand it to Song Chen: "If Mr. Song changes his mind, you can call me at any time!" ”
"Okay! I will definitely consider it! ”
Song Chen shook hands with the other party, and looked at the back of the other party leaving, and he smiled meaningfully. Walking back to his desk to get ready to work, Zhai Yan and Jiang Yan, who received the news, walked in. Zhai Yan asked directly: "That person is a venture capitalist just now, right?" ”
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