Chapter 074: I Don't Mind Having Competitors

As a professional manager, especially a professional manager who has mastered a $3 billion fund, Shedd's professionalism is very good.

Of course, he also thought about changing his name, but because the pronunciation in Hong Kong does not have this problem, and the people he contacts are also people with status and status, they will choose to call him Carter, so he ignored the matter of changing his name.

He didn't expect that today he would be scolded.

And the person who scolded him was a young rich man who had just entered the $1 billion club.

I'm so angry, but I still have to keep smiling.

"In fact, why Facebook is reluctant to invest in another software of the same type to seize the market with your ins, you should know very well in your heart."

Shedd replied with a smile: "Business competition is reasonable, but it is also cruel, and for INS, investing hundreds of millions of dollars to grab the market of INS also needs to bear the risk of failure." And if you can spend $1 billion, you can get the already mature ins, which definitely has more advantages than disadvantages. ”

Shed's analysis was very pertinent, and he did not maliciously analyze it because he wanted to threaten Wen Ming. Of course, the main reason is that if he maliciously analyzes it, Wen Ming will not believe it.

With the Internet giants already maturing, it is not so easy for a new product to acquire new users. The most important thing is that ins already has 30 million registered users, and now in 2009, smartphones are still in a stage of competition with feature phones.

If you want to grab the market, you have to increase investment, or you can directly say that you can use money to buy users. Even so, there is a possibility of failure, and not all latecomers will be able to catch up.

Wen Ming was very satisfied with Sheder's answer, laughed, and said, "So, I don't think Facebook will agree with your proposal." ”

In this sentence, Wen Ming emphasized your title, which means that you are just a professional manager, and your boss may not be able to speak on Facebook, so what is your proposal?

Shedd was smart, he heard Wen Ming's meaning, but the smile on his face did not dissipate, and it continued to maintain what had become his professional instinct.

"Mr. Wen Ming, Facebook is not very willing to do such a risky thing. But that doesn't mean they don't want someone to do this risky thing for them. ”

Shed's confidence was on his face again, and he said: "In the use of my boss's private fund, if the investment amount I use does not exceed 80 million US dollars, I do not need his direct approval." What if I invest $80 million in a software of the same type as Instagram? ”

"Do you think that when the time comes, Facebook will wait for a while and sit on the mountain and watch the tiger fight?"

What entrepreneurs are most afraid of is the situation that Xie De said, such as Wen Ming's previous life, there were many companies of the same type in the market at that time, but these two got venture capital and had money, so they directly used money to smash other companies of the same type to death, and then continued to throw money at each other, hoping to stone each other to death.

For users, we save money when you spend money, of course, we are very happy to use it. At that time, the vast majority of users used both software at the same time, and whichever had a coupon was used first. And the driver is also whoever gives more subsidies, which one will be used.

Later, the two companies found that they couldn't kill each other, so they joined forces and monopolized the market. Then a certain U came to spend money again, and they spent money to acquire a certain U's business in China......

In the final analysis, the root cause of the development and growth of this kind of enterprise lies in who has more money and who dares to smash it, and smashes the other party's users into their own hands, then the other party will die. As for the money lost in the middle, after monopolizing the market, it can be earned back.

And now Shead's threat is to use money to smash ins' users into his own hands, if Apple has no money to smash with Shed, then, ins is likely to fail.

As for Facebook, they have nothing to lose, they will buy whoever wins, and if there are two companies of the same type and level, then Facebook can directly help one of them kill the other party, regardless of which one of them is acquired.

Also, when the user is divided between the two products, whether it is ins, or another company that Shedd is going to invest in, the value will be reduced a lot, and Facebook's investment will also be reduced a lot.

The most important thing is that the market grabbing of ins and Shedd can delay time for Facebook and make Facebook's valuation higher. At that time, even if there is no capital to acquire, the replacement shares paid will be much reduced.

Even if $80 million can't kill Wenming's ins, if you start throwing money, it will be more than $80 million, because once you stop throwing money before you succeed, then the $80 million you smashed in before will come to naught. In order not to lose money, for the sake of Facebook's shares, Li Jiacheng will definitely agree to continue to throw money.

Wen Ming was very helpless in his heart, Xie De's threat really made him a little entangled, because Apple had no money to fight against Li Jiacheng, and it would not win at all, not to mention, it would affect the iPhone plan.

Moreover, if Li Jiacheng starts throwing money at it, then, Teresa Roy is likely to give up directly. Because Teresa Roy invests in ins, she wants to make a steady amount of quick money, and if there is a risk, he will definitely not continue to invest in ins.

"I'd love to have a competitor."

Although Wen Ming is entangled, he can't have stage fright, once the negotiation is stage fright, then he completely loses the initiative.

If the other party to today's negotiation is Li Jiacheng, then Wen Ming is likely to give up directly, but the other party is just a professional manager under Li Jiacheng. No matter how much money is spent, it is Li Jiacheng's money, does Xie De really dare to let his boss take such a big risk?

Therefore, Wen Ming should be hard, as hard as a steel rod.

"Because beating our competitors can increase the value of our ins."

Wen Ming didn't say anything about Apple's cash flow from "Plants vs. Zombies", nor did he say how many users "Talking Tom Cat" gave Apple.

He just needs to show his attitude.

"Of course, competition can reflect the value of an enterprise."

After saying this, Shedge smiled again and continued: "As far as I know, your company is investing in the mobile phone manufacturing industry, and the competition in the mobile phone manufacturing industry is very fierce. At present, with the development of China's economy and the continuous improvement of GDP, the domestic 3C market has begun to heat up, and soon, it will usher in an explosive period. In my opinion, the mobile phone manufacturing industry you invest in must not ignore the Chinese market. ”

Wen Ming was really angry after hearing this paragraph, was Xie De really kind to remind him? Of course not, Wen Ming didn't need his reminder, Shed's purpose in saying these words was just to threaten Wen Ming again.

You invest in the mobile phone manufacturing industry, and you have no cash flow, so you don't have the money to fight me.

If you pay attention to the Chinese market, you can't ignore the attitude of the richest man in China, we can help you, or we can make you stumble.

The Sith's fears have become a fact, and although this threat does not come from Li Jiacheng, it can represent Li Jiacheng's attitude to a certain extent.

Case......

Wen Ming pressed his hands on the conference table, leaned forward slightly with his upper body, looked into Xie De's eyes and said, "Of course I won't ignore the Huaxia market, don't forget, I'm also from Huaxia." I believe that the Huaxia market will welcome me and my products. ”