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Looking at Song Chen's expression in his eyes, although Zhao Desheng was expressionless, the smile in his eyes could not be concealed.

clenched his fists and coughed pretending to be on the side of his mouth, Zhao Desheng said lightly: "My family is thin, Linlin has been very lonely since she was a child, and she doesn't have many friends to talk to!" Over the years, there is a son Cheng Huan's wish that has not been fulfilled, but the doctor said that I only have such a daughter in my life......"

Staring at Song Chen, Zhao Desheng asked in a deep voice, "What do I mean, do you understand?" ”

"This ......" Song Chen was dumbfounded, did Zhao Zhizhan mean to let himself do his best to make her daughter's belly bigger?

He cautiously asked, "Is this what Linlin meant?" ”

Li Yu asked lightly, "What does Linlin mean?" ”

Song Chen smiled bitterly: "I'm not a man without responsibility, if Linlin agrees, of course I'm willing to let Uncle Zhao do what he wants!" ”

"Then this matter has been decided! Go back and rest first! ”

Li Yu was about to drive people away without saying a word, and although Song Chen was full of doubts, he still left with a heavy mind. As a result, as soon as he left the living room, Zhao Lin walked out from behind the screen in a lace dress with a blushing face.

Li Yu asked in a deep voice: "You've heard enough in the back, and now I ask you: What do you mean?" ”

Zhao Lin bit her pink lower lip and whispered, "Okay!" ”

……

Although Song Chen was surprised by the Zhao family's decision, and he didn't know Zhao Lin's thoughts, but thinking that he would soon be able to pick up this charming little girl, Song Chen couldn't help but be excited, and after returning to the hotel, his face was full of smiles that could not be concealed, so that Zeng Qian and Fan Xue were very confused: where did this romantic little man go to hook up with which beauty.

Although the spring breeze was full of faces, Song Chen did not forget a serious matter of coming to the capital on this trip, seeing Zeng Qian and Fan Xue wearing a black and blue suit and pen holder skirt, he asked, "Is he here?" ”

"Here, I'm waiting for you in the living room!"

Since Sequoia Capital, Kleiner Perkins, IDG and Yahoo invested $100 million in Alibaba. Sequoia Capital China has invested US$10 million in Ctrip.com, which was the only shareholder other than Chenxing Holdings before Ctrip's listing.

After 8848 and Ctrip went public, Sequoia Capital received rich returns, and before the Nasdaq stock crash, it basically sold most of its shares at a high level and left the market.

After the spin-off of Alibaba Group, Sequoia Capital still holds the original shares of Alibaba E-commerce and minority shares of 8488 and Ctrip.com. [Note: Excluding Taobao, which is wholly owned by Alibaba Group]

In the hotel's presidential suite, Song Chen met Xu Xing, partner and vice president of Sequoia Capital China, for the second time after two years.

A few words of greeting. Xu Xing said with a smile: "When I made the decision to invest in Alibaba Group, I never thought that Chenxing would swell like this, which is really a frustrating pity, maybe we missed a lot of opportunities!" ”

Song Chen smiled slightly: "Now that the NASDAQ is in turmoil, affecting the entire network industry, and the voice of the capital market has been declining for a long time, Mr. Xu may not be sincere!" ”

"Hehe, Song Dong, I'm serious!"

Holding Song Chen's hand and shaking it again. Xu Xing smiled meaningfully: "If there is this opportunity, we are happy to invest in the assets of Chenxing Company, if it is Baidu, goog1e, paypa1, Alipay, Chenxing Games, Chenxing Entertainment, we Sequoia Capital is willing to show full sincerity to promote investment!" ”

The two sides are seated separately facing each other. Song Chen laughed, looked directly at Xu Xing and said seriously: "I thought Mr. Xu was referring to Taobao!" ”

"As long as you agree, we will also consider Taobao, but in the operation rules. We take it a grain of salt! Xu Xing was noncommittal.

In order to suppress the growth space of Tmall.com, Alibaba Group is brewing a big move, which is reflected in the marketing budget of more than 100 million yuan! No doubt. Taobao will become the biggest dark horse in China's advertising market this year, especially in the context of the NASDAQ stock market crash, this kind of advertising against the market will inevitably become the biggest bright spot this year and next.

Taobao is currently wholly owned by Alibaba Group, and all operating expenses must also be borne by Alibaba Group, if it were not for Taobao's aggressive marketing budget driven by Song Chen, and any reasonable person would not have significantly increased marketing expenses in this case.

Of course, if such a plan is exposed, it is a sure thing that Taobao's direct competitor Tmall will be very uncomfortable.

The parent company is not short of money, but Song Chen has a number of large-scale projects that need to be promoted, and the funds need to be used on the cutting edge.

In fact, Song Chen's biggest financier, Masayoshi Son, did consider investing in Tmall.com, but the NASDAQ stock market crash born in April this year has greatly narrowed global investment, and it is impossible for Masayoshi Son to risk the possibility of firing with the board of directors to invest in Taobao.com, especially when Taobao fully vetoes the "ebay model" and adopts a fully free situation!

This is the so-called "detailed rules" problem in Xu Xing's mouth: whether it is Taobao or Tmall, it is an incomprehensible business behavior to ignore the "ebay model" with high gross profit and choose to be fully free.

Of course, Song Chen is not mainly responsible for this, Ma Yun is, Tmall was launched earlier than Taobao, and it was Ma Yun instead of Song Chen that the website was completely free, so Ma Yun was quite criticized at this point and was ridiculed as a "bad market pioneer".

"There is no doubt that in China, free products are more popular!" Song Chen said with a smile, "This, I understand Ma Yun, he and I are both Chinese, we understand this market!" Although we are competitors, from a certain point of view, Taobao and Tmall are also in-depth market incubators, with our efforts, China's online retail business will grow faster and more imaginable! ”

Xu Xing agreed with Song Chen's statement, and he said with a smile: "Indeed, referring to the existing achievements of the United States, the Chinese market, whether it is a participant or an economic scale, needs to be deeply explored by enterprises!" ”

Song Chen's Xiaomi served tea, Xu Xing paused slightly, lit a cigarette for himself by the way, and waited until they twisted their hips and left, and then asked: "Song Dong, didn't you invite me to tea this time, right?" ”

Song Chen straightened his body, looked directly at Xu Xing Zhengse and said: "One thing, I hope to promote the cooperation between Chenxing and Sequoia Capital, to be precise, Sequoia Capital has several investment portfolios that seem to be struggling at the moment, and it is not good, if you need to exit, we are willing to take over!" ”

Xu Xing asked quietly: "The global environment is like this, but it is not difficult, we have enough patience to wait for the market to recover and seek a good opportunity to go public!" ”

Seeing Song Chen smiling and not answering, Xu Xing was silent for a long time before asking: "I know that you are eyeing me with a lot of money in your hands, can you sue me, what do you mean by cooperation?" ”

Song Chen chuckled: "Then it depends on whether Sequoia Capital has great determination!" The results of the 8848 U.S. branch are good, and in the case of Amazon's establishment of end1ess and its involvement in shoe online retail, it can still reach a market share of more than 4o%, barely meeting my expectations! However, I hope to go one step further this year, at the very least, to cut off Amazon's tentacles amid Bezos's reproach on Wall Street! ”

Xu Xing raised his sword eyebrows and groaned, "You want zappos?" ”

Zappos is an American e-commerce company founded in 1999 and, like 8848 America, sells shoes online. The founder is Nick? Swim, but Taiwan-born Chinese American Hsieh Jiahua became an investor in the site and later became a majority shareholder in Zappos.

Zappos is a direct competitor of 8848 in the vertical e-commerce field, accounting for about 27% of the market share, and Amazon's End1ess is in second place. In its history without Song Chen, Zappos was far more successful than it is now, and was later acquired by Amazon for $920 million.

"Zappos' results are encouraging, but I appreciate Xie Jiahua more as a person, and to be exact, I hope that Sequoia USA will push 8848 to acquire Zappos! At the same time, American Sequoia can also get a decent exit! Song Chen smiled, "Of course, Zappos is just one of Sequoia Capital's 'unsuccessful' investment projects, and I am interested in many investments in Sequoia's hands, such as 1inkedin, such as ArtistDirect...... If you want to! ”

What a big appetite!

What a big ambition!

Xu Xing sneered in his heart, and said lightly: "I still say the same thing, after the NASDAQ stock market crash, although many investment projects of Sequoia Capital are difficult, we are not those VCs who kill chickens and eggs, we will not force the founders to make short-sighted choices when they are difficult, we have enough patience to wait for the market to pick up!" ”

"Even if ......the market recovers," Song Chen hooked the corners of his lips and returned a disdainful sneer, "How much time do you think it will take for the capital market to bring technology stocks back to 1999?" Or ...... In 1995? ”

Xu Xing's face sank like water, his eyes flickered, and he fell into deep thought.

"Let's talk about something constructive!" Song Chen said lightly, "As an investment strategy, Sequoia Capital is not an absolute shareholder of venture capital companies, but at this moment, if Sequoia Capital can promote these companies to reach an agreement with us Chenxing, I believe that it will be encouraging good news for Sequoia Capital, venture capital companies, and Chenxing!" Mr. Xu, what do you think? ”

Xu Xing took a breath of light and sighed: "This is a decision that is difficult to make in a short period of time, we need to have an in-depth discussion with our American colleagues, and now I can't answer you!" ”

"Of course!" Song Chen said with a smile.

"You are always welcome to contact me!" (To be continued......)