After attending Liu Shishi's wedding, Zheng Wentong and his girlfriend played in Bali for two days before flying back to Puhai.

On January 28, Weiyin officially announced Liu Shishi as the first spokesperson, and released the official propaganda slogan: "Weiyin, record a better life".

The wonderful moments of Liu Shishi and Wu Qilong's wedding have been uploaded to Weiyin one after another, and they have always had a high popularity in Weiyin.

Many people deliberately downloaded Weiyin just to watch the romantic scene of "Fourth Master" kneeling on the ground and proposing to "Ruoxi", and Wu Qilong's sentence "I will be obedient" has poked the hearts of many female users.

The aunt specially called Zheng Wentong and asked him why he didn't come back to drink, and if he didn't have a good time with Yang Jianwu?

If Yang Jianwu and his wife do something wrong at work, you, the boss, should criticize and criticize, and don't look at her face.

The aunt gave the example of the eldest uncle being the village party secretary, and the village had to raise funds to build roads, and the aunt had to work like other villagers, otherwise the eldest uncle would not be able to command the whole village because he could not convince the public.

Zheng Wentong said that there is no matter, Yang Jianwu and his wife have done a good job in Weimeng Media, and Xiao Yang's sister-in-law's live broadcast has also done well, Weimeng Media held an annual meeting on February 2nd, and then gave Yang Jianwu and them a marriage leave after the annual meeting.

The aunt felt regretful, "I thought you could come back with Xiaolu to attend the Jianwu wedding, help me say hello to Xiaolu." ”

Bai Xiaolu didn't understand, "Why don't you explain to your aunt, in fact, you don't want Xiao Yang to be an e-commerce anchor?" ”

"How's that? Let the aunt persuade Xiao Yang to give up being an e-commerce anchor? How bad is it for this mother-in-law and daughter-in-law to quarrel when they just got married? Maybe others still say that my aunt is a bad mother-in-law, let's talk about it. ”

"By the way, Liang Hui and Chen Dong's contact with Pinduoduo is still very effective, and when the investment in Pinduoduo is settled, you can end the internship!" Zheng Wentong said.

Bai Xiaolu was a little reluctant, "Teacher Liang has indeed taught me a lot of things here, and she still has a lot of dry goods in her stomach, no wonder she is an EMBA lecturer in major universities." ”

Zheng Wentong guessed in his heart, "Mr. Liang may want to resign, so I want to make a good relationship with you and leave a good impression on me." ”

"Huh? How so? Isn't she doing a good job in the company? The white fawn was surprised.

"I'm just guessing, we'll see when Pinduoduo's investment is over." Zheng Wentong replied.

On February 1, Zheng Wentong and his entourage visited Pinduoduo Network Technology Co., Ltd., and Zheng Wentong also met Huang Zheng for the first time.

Huang Zheng took the initiative to shake hands, "It's rare to see the founders of Internet companies younger than me, and Mr. Zheng's two Internet companies are running very well. ”

"E-commerce is an area where penguins dare not argue with Ahri, so far only JD.com has survived, and although Mr. Huang's Pinduoduo seems to be small, it has great potential."

Huang Zheng and Zheng Wentong are similar, both of them have absolute control over the companies under their names. When Pinduoduo was listed on the U.S. stock market in 18 years, Huang Zheng still held more than half of the shares.

Penguin is the second largest shareholder, Gaorong Capital is the third largest shareholder, and Sequoia Huaxia is the fourth largest shareholder.

If it weren't for the involvement of Slope Investment, Gao Rong Capital, IDG Capital and Hu Zeming, who is NetDragon's CFO and has a close relationship with IDG Capital, would have participated in Pinduoduo's Series A financing.

"I have also swiped the pictures and videos of Liu Shishi's wedding in the past few days, Mr. Zheng is indeed a marketing genius, and he will never lack topicality, which is very similar to the founder of Ahri and JD.com."

Zheng Wentong didn't agree with it in his heart, compared to them, Zheng Wentong was more cautious in doing things, and he would rather not do things that he was not sure of.

He also doesn't like to be interviewed, and he doesn't do stupid things to bombard banks as pawnshops. Zheng Wentong is not a fan of the Timberwolves, and he will not go to Minnesota for nothing.

"It's no longer the big marketing era of the 90s, the golden age of advertising is over, and now we need to subvert the original e-commerce landscape through new business models."

"I've carefully studied Pinhaowu and Pinduoduo, and the social e-commerce model is expected to capture a group of price-sensitive users." Zheng Wentong said to Huang Zheng.

"In fact, when Slope Investment first came into contact with us, we were really not short of money, and there were many investment institutions lined up outside to help us with financing."

After all, Huang Zheng is a second entrepreneur, and he has the support of elders such as Duan Yongping and Ding Sanshi behind him.

"However, Mr. Zheng's universal IFI was created later than the master key, but it was a late starter, occupying more market share, 15 years after New Year's Day also obtained the safety certification APP issued by the Ministry of Industry and Information Technology, the same application of the master key was defeated, Mr. Zheng's energy is very great!" Huang Zheng meant something.

"Oh? Mr. Huang may not know the inside story, and unlike other shared IFI software on the market, our universal IFI never cracks the home network, shares resources through IFI hotspots, and does not display IFI passwords in plaintext. At that time, when the Ministry of Industry and Information Technology selected it, the safety standard of the universal IFI was indeed a grade higher than that of the master key. ”

"And we have taken the initiative to turn off access to sensitive data, store, display, prohibit malicious spread and automatic deduction. Try to provide maximum convenience with the least number of user rights. Just like Pinduoduo, buy the best quality goods at the best price. Zheng Wentong said.

Bai Xiaolu sat behind her boyfriend, listening to the verbal confrontation between Zheng Wentong and Huang Zheng, she could now hear the subtext of the two people, and she felt that she had indeed grown rapidly.

Huang Zheng smiled, "Our Chinese people always say that there are no good goods when they are cheap, but I don't agree with them, so we created good goods to help the sales of agricultural products." This is similar to Weitoutiao's spring sprout plan, we are all concerned about the rural market, and we all want to take the road of the countryside surrounding the city. ”

"I noticed that Toutiao also placed advertisements on Universal IFI to develop users, Micro Toutiao and Toutiao are both information platforms, and the content overlaps very much, why didn't Mr. Zheng think about reducing the advertising scale of Toutiao?" Huang Zheng joked with Zheng Wentong.

"In addition to today's headlines, Kuaishou has also placed a lot of advertisements on Magnum IFI, and now we have also launched our own short video application Weiyin, which is benchmarked against Kuaishou, and the industries of Internet companies are easy to overlap. Everyone still has to talk about business, who will have trouble with advertisers? Zheng Wentong didn't care.

"However, Toutiao and Kuaishou have increased their advertising investment on the master key and cut the advertising cost of the universal IFI. Zheng Wentong said.

Zheng Wentong has already thought about it, and when Slope Investment talks about Pinduoduo's investment, he will start to promote the merger of Universal IFI and Universal Key, release the majority of the shares, and cash out.

"Pinduoduo has been advertising on Magnum IFI since January, and the effect is really good, and it has diverted many new users to our APP."

"Mr. Zheng's WeChat Toutiao's Spring Sprout Program will also attract more users from third- and fourth-tier cities to register and join Weitoutiao. For example, Weitoutiao, I pay more attention to the development prospects of Weiyin, if Mr. Zheng intends to separate Weiyin from Weitoutiao, if Weiyin intends to raise funds, please be sure to contact me, I and Mr. Duan Yongping are very interested. Huang Zheng also said what he really thought.

Indeed, Zheng Wentong holds four Internet applications, universal IFI, micro headlines, micro sound and micro reading.

The number of universal IFI users exceeds 300 million, the number of micro-toutiao users exceeds 100 million, and there are tens of millions of users of micro-sound and micro-reading, all of which can be converted into Pinduoduo users.

Users in third- and fourth-tier cities are more sensitive to price, and relatively speaking, they prefer small bargains.

Magnum IFI can provide free Internet and reduce mobile phone traffic, so it is more popular in third- and fourth-tier small cities, and young people have almost one mobile phone per person.

The focus of Weitoutiao's Spring Sprout Program is to support rural experts across the country, with 2,000 people and a guaranteed income of 120,000 yuan a year, which will attract more rural talents in third- and fourth-tier cities to register Weitoutiao and publish more original articles.

Microreading is a free reading software, which is different from the paid websites such as a certain point, Green River, and Tianxia.

Huang Zheng also noticed that videos such as fishing, blind dates, fruit picking, and grazing began to rise on Weiyin, which are also closely related to agriculture, agriculture and agriculture.

Since Pinduoduo intends to focus on the sinking market and make every effort to develop new users in third- and fourth-tier cities, then slope investment is obviously the best partner to work with.

And the most important thing is that Slope Investment, unlike the two giants of Ahri and Penguin, does not seek control of the company.

Huang Zheng noticed that if Weiyin develops, it may also open up e-commerce channels and monetize traffic, but it will take at least two or three years. In two years, maybe Pinduoduo will already be listed, and Huang Zheng feels that he doesn't need to worry about it.

Huang Zheng and Zheng Wentong negotiated a round of financing on the same day, with Slope Investment investing $9.9 million to buy a 9.9% stake in Pinduoduo, Zheng Wentong's family office investing $100,000, accounting for 0.1% of the shares, and Pinduoduo's Series A valuation of $100 million.

Zheng Wentong promised to at least follow Pinduoduo's D round of financing, and the follow-up investment Zheng Wentong will only use the name of his family office.

When you invest in a company, you can't always hold such a high proportion of shares after you say that you have made money, and when the company's valuation rises further, you either sell some of the old shares, or invest in them and add funds, otherwise your shares in the A round of financing will continue to be diluted later.

Of course, if Pinduoduo wants to go public, it still needs to set up an offshore company overseas and adopt a VIE structure. When Zheng Wentong's family office buys 9.9% of the equity held by Slope Investment, Zheng Wentong's family office will hold 10% of the equity of Pinduoduo.

Pinduoduo was listed in July 18, leaving Zheng Wentong with plenty of time, after all, Ethereum and Bitcoin have been rising sharply since August 15.

Pinduoduo's market capitalization peaked at $200 billion, so the equity held by Zheng Wentong's family office would be worth $20 billion, and this part of the wealth alone has allowed him to rank among the top ten richest people in China.

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Chapter 137: Investing in Pinduoduo! Free to read.