Chapter 134: More than just searching
Chen Bo's main purpose in coming to the Shanghai market is to solve the equity of the blog Huaxia.com, two years ago in the IT industry summit forum for the first time, the angel round invested 5 million and then successively gave about 20 million yuan, and now has developed into a force that cannot be ignored in the web2.0.
Mu Zimei's birth greatly satisfied the voyeuristic desires of netizens, and also led to the vigorous development of blog, a new type of personal web platform, making blogs enter the public's field of vision, making them more and more popular. Speed Fox and Xilang both launched their own blog sites after the year, and NetEase also joined the war group after cutting off their personal web pages that had completely lost power, not to mention other imitators.
Ant's stake in the blog Huaxia has also attracted the attention of more venture capital, including the prestigious Sequoia Capital.
"Long time no see." Shen Nanpeng, a partner in China, is wise and shrewd, and although it is difficult to rank among the giants like the three major portals and BAT, he is not a mediocre person, but he has influenced the course of Internet development in another way.
A master's degree from Yale Business School, Lehman Brothers, and Deutsche Bank's resume provided a guarantee for his capital means, and the establishment of Ctrip and Homeinns also left a strong mark in the development of Internet history.
Now it has introduced Sequoia Capital to China, which is a legend in the venture capital world, and it is even more famous in Silicon Valley than De Fengjie. Apple, Cisco, Yahoo, Google, Oracle have his figure behind the success, Chen Bo was very eager to let Li Zhaojun introduce Sequoia in, but unfortunately it backfired, and now he has his own fund, no need to join forces with this giant crocodile.
"Brother Shen's good means, Ctrip is about to go public, you are not idle." Chen Bo complimented, in fact, although the two of them are in the same Shanghai market, they are just general friends, and there is not much intersection, even the grand Chen Tianqiao, he has not faced it directly.
"You're welcome, compared to your generosity, I can go jumping the Huangpu River." The two of them exchanged pleasantries warmly, which was just a regular opening statement.
"There are no outsiders here, so it's not interesting for us to brag about ourselves." Chen Bo smiled, "Why don't you open the skylight and say something bright?" β
"Okay, that's exactly what I want!"
"Blog Huaxia is an indispensable web2.0 vertical content provision section of Ant Search, and it is also an important traffic entrance, so the importance is not too much, right? Not to mention, with MySpace in front of me, I don't want to lose this vital position. Chen Bo exaggerated, in fact, except for giving money, he didn't pay much attention, and it was only limited technical cooperation.
Of course, I can understand what you said, but the European and American markets and the Chinese market, whether it is the number of netizens, user activity and business prospects, are not enough to compete with MySpace. And you also have a music blog, don't you? I believe you know better than me the actual value of MySpace, News Corp urgently needs a product to quickly expand the Internet, and I am here to support better Internet companies. β
"Of course, I don't doubt your business ability, but you also have to have a decent price."
Chen Bo was noncommittal about Shen Nanpeng's words, MySpace is recognized by professionals as a parallel import, and the premium is too high. However, one was willing to fight, the other was willing to suffer, and the racial discrimination and judicial fraud that appeared at that time diverted a lot of attention, so it was not hyped up by the media over and over again.
And the music blog run by Maidong.com is like the son of Ant Search, what technology, what resources are its priority, Blog Huaxia is at most just a godson who doesn't hurt his grandmother and doesn't love his uncle, and he really doesn't care much.
"15 million US dollars, 35% of the shares are all transferred, and technical cooperation continues." Shen Nanpeng happily offered the price.
"Hmm, isn't Brother Shen teasing me?" Chen Bo was a little dissatisfied, "With the current situation of Blog China, it only takes one year to be listed on the NASDAQ, even if it is diluted to 25%, it is worth at least 70 or 80 million US dollars, right?" β
"But it's not on the market yet, is it?"
"25 million, I have poured a lot of money and effort, how can I say that it will be transferred."
"20 million, this is a very sincere offer, after all, opportunities and risks coexist."
Chen Bo pretended to be contemplative, and after a while, he said, "Since Brother Shen is so insistent, then I can only cut my love, but I have a small condition." β
"Please." Shen Nanpeng saw that he had already loosened his mouth, so he relieved himself and said.
"Add another review network, that's not too much, right?"
"Well, not too much." Shen Nanpeng didn't think there was anything wrong, Dianping.com was established in 03 and made a seed round of investment, only 1 million US dollars. And at present, the speed of development is really slow, and I don't feel distressed when I change it, and it's not worth mentioning compared with the hot web2.0 community.
"Then we'll have a good time together." Chen Bo stretched out his hand of friendship, and the corners of his mouth raised lightly.
"Happy working together!"
This transaction, for him, is a sure deal. 20 million US dollars, compared with the investment of 30 million yuan, is 6 times the profit. And also got a 10% stake in Dianping.com, for Sequoia Capital, the development of Dianping.com is slow, or it doesn't improve, but it is quite critical for Ant Search.
At present, there are only about a dozen start-up teams on Dianping.com, which are hiding in a small corner of the Shanghai Stock Exchange and working silently.
After signing the replacement documents, Chen Bo made an appointment with Zhang Tao, the founder of Dianping.com, to meet in a restaurant. "Maybe I should call you Senior Brother?"
"Judging from the alumni list, I am indeed one year higher than you." Zhang Tao is not as soft as a traditional local man, nor does he have the market atmosphere of Gu Yi and others, and his conversation and demeanor have a petty bourgeois style and pursue a taste of life.
"Since we're alumni, that's easy to say." Chen Bo is now dressed in the coat of Wharton School of Business, although it is probably full of turmoil and is known all over the world, but it is extremely easy to use. "It is a deep-rooted concept of our Chinese people to take food as the sky, and with the improvement of the economy, the catering service industry is also undergoing great changes. Senior brother's entrepreneurial concept is very good, and of course I am also very optimistic about this project, so I deliberately exchanged the shares of Dianping with Shen Nanpeng. β
"He has communicated with me, although I have changed investors, I don't want to be merged." Don't look at Zhang Tao's face, his hairline is quite high, even if he is an alumnus, he is not stupid.
"Maybe my brother misunderstood what I meant, I just want to cooperate and never force mergers and acquisitions." Chen Bo explained, "You should know that I've had enough of Tele Atlas, Ant Maps is about to go live, if you do food and beverage reviews without the support of the map, what does it mean?" If the digital map does not have food and beverage data, what does it mean? β
"You want industry data?"
"Map service can improve the experience of Dianping.com's products, and catering data can enrich the diversity of map data, and only cooperation can be a win-win situation. In my opinion, the service industry is still developing savagely now, and when it comes to a certain bottleneck, how much data has Dianping accumulated? That's when it's time for the restaurant industry to hug your thighs. β
"I really didn't think about it so far-reaching, but when I was in the United States, I saw the restaurant index guide and Michelin-starred restaurant recommendations, so I thought that I should make a website online for the public to be able to review, and let users make a reference for the color, flavor, shape and restaurant service environment."
"This is the latitude of the data, the reviews are for catering at this stage, and the reviews can be made for more service industries in the future, and the combination of multi-dimensional data of a user can predict the future."
Chen Bo is very good at painting big cakes, and this is not such an ethereal thing, it can be seen through at all.
In the final analysis, the Internet company is essentially a data company, and it can generate huge economic value after collecting and analyzing all the behavior habits of users.
"I see, ant search is more than just searching." Zhang Tao showed a trace of excitement on his face, which made him see the direction of future development, how could he not be excited.
"Reviews are not just reviews, let's take the Shanghai market as a pilot, and spread all the ground, the more detailed the data, the better. I will invest another $2 million to help my brother! Chen Bo coaxed and flickered, pulling the senior brother who had just graduated last year onto his warship, and also extended the tentacles of ant search outward.
After dealing with some chores, it was already early February, and Chen Bo rushed to Silicon Valley with Chen Jinyu in a hurry. Schools in the United States have opened, and although the curriculum of the first grade of primary school is very naΓ―ve compared to that in China, and it is still based on play, Lorenna has some complaints.
At the same time, he also visited Jobs, who was gradually recovering, the operation was actually not very successful, because it was too late, the condition had been hidden for more than ten years, and it was difficult for manpower to win at this time, although Chen Bo was disappointed in his heart, he still pretended not to know, which was the best respect for him.
Lockheed Martin's industrial park is in the process of renovation, and it will not be long before it will become an "ant city", and the remaining more than a dozen buildings are enough to use, even if you want to expand in the future, it is more than enough to demolish the hangar where the F16 and F117 fighter jets were once parked. After all, with the orchard of about 20,000 acres of land, there is even a simple airstrip next to the hangar.
Chen Bo also did not forget to set up a "Dianping" network in the United States, which was served by the former project manager of MySpace, and as for the name of the new website, it follows the routine of the Internet and is simple and easy to remember, so he uses a simple word "Aha!" ββ¦β¦
That's right, the pronunciation is "Aha! ", which is somewhat similar to the pronunciation of Yahoo, indicates the amazement of eating delicious food.
The logo is designed as a tongue-licking California grizzly bear, which is clearly marked on the state flag and can be seen everywhere, but it seems to have been extinct for decades. There were already foxes, penguins, ants, etc., and it wasn't bad anyway, so it should be a zoo.
At present, the main places are naturally Silicon Valley and San Francisco, where there are a bunch of Michelin-starred restaurants, plus high-spending people, and it is the closest place to the Internet, which is easier to promote. After the area is cooked, it will slowly expand to the four metropolitan areas, across the Atlantic, and into Europa.