Zhang Weiying smiled meaninglessly to end the controversy caused by Wei Dongsheng: "The grapevine rumors say that Wei Dongsheng has two major characteristics. The first characteristic is self-confidence, a strong self-confidence that is like a fan. For example, other online game operators have just smelled the sweetness of online hourly payment from the quagmire of piracy, and "Spring and Autumn of the Ten Kingdoms" suddenly started a freemium game on a sunny day. Another example is the Spring and Autumn Search, when the search field has been crowded with strong opponents, resolutely bayonets to fight with it, and do not hesitate to burn hundreds of millions of dollars to seize all online and offline channels, and beat Baidu, Yahoo, Google and other old three to the ground. Whether it is a freemium game against Shanda, or a bayonet with Baidu, Yahoo, Google, etc., whether it is Chunqiu's employees or Chunqiu's partners, it is said that they have never seen Wei Dongsheng's anxiety. ”

The 150th one hits five

Wei Dongsheng groaned: "Ten years later, ah......"

After thinking about it for more than ten seconds, Wei Dongsheng gave the answer: "Ten years later, the market value of Spring and Autumn will definitely be higher than that of NetEase, Sina, Sohu, Tencent, and Alibaba combined. ”

Wei Dongsheng said this very politely.

Ignoring Yahoo founder Yang Zhiyuan and former U.S. President Clinton, six companies including NetEase, Sina, Sohu, Tencent, Alibaba, and Spring and Autumn are the protagonists. NetEase, Sina, Sohu, etc. are known as the three major portals, Tencent has gathered hundreds of millions of registered users, and Alibaba has received a $1 billion capital injection from Yahoo, all of which are well-known contemporary giants. In the autumn of 2005, public opinion talked about the Internet in China, saying that the eight oligarchs had built the first group, except for TOM, which also started with online games and had a declining development momentum, the other six oligarchs all came to participate in the West Lake debate. The quality of the 5th West Lake Sword Discussion is very high, and it perfectly reproduces the momentum of Huashan in Jin Yong's martial arts.

Privately, each business has its own nickname.

NetEase's nickname is East Evil. As Zhang Chaoyang commented on Ding Lei earlier, NetEase is very good at moving. In the past few years, the value-added of mobile and telecommunications, and the online game business represented by "Westward Journey 2" and "Fantasy Westward Journey" in recent years, NetEase has always been able to quickly adapt to the market, which is in stark contrast to the sluggishness of Sohu and Sina.

Sina's nickname is West Poison. In early 2005, Shanda acquired a 19.5 percent stake in Sina through a public stock market transaction in an attempt to turn Sina into a subsidiary of Shanda Holdings. Wang Yanxuan immediately said that he did not welcome Shanda's control of Sina by buying shares, and quickly threw out the "poison pill plan" to counter Shanda's acquisition. Sina's nickname for Western Poison comes from the "Poison Pill Project" to fight back against Shanda.

Tencent's nickname is Nandi. Shenpeng, where Tencent is headquartered in the southeast, is listed in Xiangjiang, which is completely different from NetEase, Sina, and Sohu, just like the Southern Emperor Dali Duan in Jin Yong's martial arts.

Sohu's nickname is Bei Beggar. This nickname, with a slightly joking and derogatory meaning, ridicules Sohu's market value is far lower than that of NetEase and Sina, and it is as poor as a beggar.

Alibaba's nickname is Zhongshentong. Alibaba's B2B business and Taobao's C2C business have gathered a large number of small and medium-sized customers, which are as intricate as the roots of a big tree. Yahoo's investment in Alibaba with Yahoo Huaguo and a huge $1 billion investment also gives Alibaba a bold spirit that no other company has ever had.

Wei Dongsheng temporarily decided to participate in the West Lake Sword Debate, but due to the relatively short time, the media and public opinion failed to think of a suitable nickname for the Spring and Autumn Period for a while, which was quite embarrassing.

East Evil, West Poison, Southern Emperor, North Beggar, Zhongshentong, the five companies have their own strengths.

Unexpectedly, Wei Dongsheng suddenly jumped out as he spoke: "Ten years later, the market value of Spring and Autumn will definitely be higher than that of NetEase, Sina, Sohu, Tencent, and Alibaba combined." ”

Such a confident tone suddenly made the scene fall into a momentary embarrassment.

It's like, the East Evil, the West Poison, the Southern Emperor, the Northern Beggar, the Zhongshentong and others on the sword Huashan grabbed the cheats of the "Nine Yin True Scripture". When the fight was fierce, a new player suddenly shouted: "You also have the face to compete for the first place in the world?" Come, come, I'll beat you five by myself. ”

NetEase, Sina, Sohu, Tencent, Alibaba, etc. are talking about swords, and Spring and Autumn are here to smash the field.

What a discussion!

I'll beat you all five by myself.

Wei Dongsheng's words were very polite.

However, Wei Dongsheng's words are not simple words. With the intimacy of the European and American capital markets for "World of Warcraft" and the new growth point of "The Road to Survival", the market value of Spring and Autumn Network far exceeds that of its peers. Although due to various factors, the market capitalization of Spring and Autumn Network recently fell to $7.1 billion. However, even if only $7.1 billion remains, Spring and Autumn Network can still punch and kick Alibaba, which is valued at $2.5 billion, NetEase, Sina Tencent, which is worth more than $1 billion, and Sohu, which has a market value of $6.7 billion. The Spring and Autumn Network has realized the fact that one person fights five, and Wei Dongsheng imagines that it will continue to beat five companies after ten years, which is not wishful thinking.

That's the truth.

However, if Wei Dongsheng smashed the field like this, he would inevitably arouse everyone's disgust.

At the beginning of the year, Wang Yan repelled Shanda's acquisition with a poison pill plan, and emotionally hated nouveau riche like Spring and Autumn and Shanda, who started with online games, and choked Wei Dongsheng with low intensity: "If Alibaba is priced at $2.5 billion, the market value of the five companies will exceed $7.1 billion." ”

Wei Dongsheng replied to Wang Yan without being soft or hard: "Spring and Autumn and Spring and Autumn Search." Spring and Autumn Search launched its IPO some time ago, and many investment banks are valued at more than $1.5 billion. I won't mention Spring and Autumn Software. With only the two cards of Spring and Autumn Search and Spring and Autumn Network, Spring and Autumn can surpass the sum of five companies including Sina, NetEase, Sohu, Tencent, and Alibaba in terms of market capitalization. ”

Wang Yan was choked by Wei Dongsheng's words.

Wang recalled that although Spring and Autumn started with online games, and although Spring and Autumn relied on the Spring and Autumn Internet to become famous, it was not an orthodox game operator like Shanda. In addition to the Spring and Autumn Network, there is also the Spring and Autumn Search, which burns money to beat Baidu, and the Spring and Autumn Literature, which dominates all kinds of Internet sites, as well as the third-party payment credit, and the Spring and Autumn Software that relies on "Spring and Autumn of the Ten Kingdoms", "The Master of the Dancing Forest" and "The Road to Survival" to collect money and receive soft hands. In particular, Spring and Autumn Software, 30% of the sales share of "Spring and Autumn of the Ten Kingdoms" and "The Road to Survival", and 35% of the sales share of "Dancing Forest Meng Master", its quarterly net profit far exceeds that of Spring and Autumn Network.

Spring and Autumn Search and Spring and Autumn Network have been able to smash five companies, not to mention Spring and Autumn Software, Credit Treasure, Spring and Autumn Literature and other industries.

Wang Yan wanted to refute, but he didn't know how to refute.

Zhang Weiying eased the atmosphere in time and asked Wei Dongsheng: "Is the Spring and Autumn Search ready to go public?" ”

Wei Dongsheng shook his head: "The Spring and Autumn search IPO failed. ”

The Spring and Autumn Search IPO plan was originally a strategy to kill Baidu, and since Baidu has failed in IPO financing, the smoke bombs on the Spring and Autumn Search side can also be dispersed. Zhang Weiying didn't know the details inside, and sighed regretfully: "Ah, why did you fail?" ”

Wei Dongsheng: "We didn't agree on the valuation of the Spring and Autumn Search. ”

Zhang Weiying instantly understood: "You are not satisfied with the valuation of $1.5 billion? ”

Wei Dongsheng explained: "The Spring and Autumn search is worth at least $4 billion. ”

Zhang Weiying: "$1.5 billion is not low, as far as I know, Sina's market value is only $1.4 billion. ”

Wei Dongsheng thanked politely: "Spring and Autumn Search is not like Baidu, which is short of money and is about to go bankrupt. There is money in the Spring and Autumn Search, and there is money in the Spring and Autumn Season, so why rush to go public? If the capital market does not recognize the Spring and Autumn Search worth $4 billion now, Spring and Autumn Search will continue to work hard in the search field until everyone thinks it is worth $4 billion before going public. As I said earlier, financing is also investment, and if the investors in the Spring and Autumn Search can be as confident in it as I am, they will be able to match it in the future. ”

Wei Dongsheng's attitude is simply saying, do you like to vote or not.

Anyway, if it's less than $4 billion, I'm definitely not going to go public on the NASDAQ.

There is an online game sector that continuously provides cash flow, and the Spring and Autumn series of companies is not short of money at all.

If it didn't work in 2005, it will go public again in 2008.

Sina has a market capitalization of $1.4 billion, while Wei Dongsheng is dismissive of the $1.5 billion valuation.

This is a gap in vision and a gap in mentality.

At this point, the topic can't go on.

Zhang Weiying smiled meaninglessly to end the controversy caused by Wei Dongsheng: "The grapevine rumors say that Wei Dongsheng has two major characteristics. The first characteristic is self-confidence, a strong self-confidence that is like a fan. For example, other online game operators have just smelled the sweetness of online hourly payment from the quagmire of piracy, and "Spring and Autumn of the Ten Kingdoms" suddenly started a freemium game on a sunny day. Another example is the Spring and Autumn Search, when the search field has been crowded with strong opponents, resolutely bayonets to fight with it, and do not hesitate to burn hundreds of millions of dollars to seize all online and offline channels, and beat Baidu, Yahoo, Google and other old three to the ground. Whether it is a freemium game against Shanda, or a bayonet with Baidu, Yahoo, Google, etc., whether it is Chunqiu's employees or Chunqiu's partners, it is said that they have never seen Wei Dongsheng's anxiety. ”

"The second feature is hardness. The Spring and Autumn Period is very good at attacking the mountains and fighting tough battles, and there are rumors within the Spring and Autumn Period that whenever he encounters difficulties, Wei Dongsheng will sink to the grassroots level and personally lead the team to tackle key problems. For example, in the online game "Dance Forest Cute Master", Spring and Autumn originally wanted to act as an agent for the operation of "o2jam" developed by South Korea's O2Media, but unexpectedly, the South Korean O2Media lion opened his mouth to ask for a high signing agency fee of 600 million yuan. Spring and Autumn Software was furious and decided to develop "The Dancing Forest Master" on its own. The results later, everyone knows. "O2Jam" was tepid in South Korea, and was renamed "Jinle 団" by a domestic game operator and introduced by a low-cost agent, and the operation data was also beaten by "Dancing Forest Cute Master". It is said that the core main program of "The Master of the Dancing Forest" was personally led by Wei Dongsheng. Wei Dongsheng, is this rumor correct? ”

Wei Dongsheng smiled kindly at Zhang Weiying's praise: "The core main program of "Dancing Forest Meng Master" does have my share of credit. ”

Zhang Weiying joked: "I never thought that this rumor would be true. Games like "Spring and Autumn of the Ten Kingdoms" and "The Road to Survival", I can understand, boys, like to fight and kill. But "Dancing Forest Moe Master" is a very female-oriented game, I can't imagine that you are so good at it. ”

Wei Dongsheng explained with a smile: "My contribution is mainly to the overall structure and core mechanics of "Dancing Forest Cute Master", and the player's direct experience of the game comes from the efforts of the operation team of "Dancing Forest Cute Master". I don't really know what kind of music female gamers like, what kind of costumes they like, what kind of rhythm they like, and what kind of dance design they like. The reason why "Dancing Forest Cute Master" is popular with everyone is that the credit of the operation team of "Dancing Forest Meng Master" accounts for 90%. ”

Zhang Weiying did not dwell on Wei Dongsheng's answer, and continued to summarize to the audience: "Today is the first time I have met Wei Dongsheng's real person. Just ten minutes ago, I thought the rumors were false. Look at Wei Dong's performance in the first half of his life, he is as silent as Ma Huateng. Most of the time, Wei Dongsheng listened quietly to what others said, and when he was named and asked, he would answer, more like a technical talent than a leader of a company. ”