Sun Yi's office.

Hearing Wang Xing mention the difficulties faced by the school intranet, Sun Yi understood that this was a common problem at the beginning of Internet companies, and the money was burned out.

"Mr. Wang, haven't you considered financing?"

Sun Yi made a suggestion.

As an Internet practitioner, how could Wang Xing not think about it.

I saw him smile bitterly and said:

"We've been trying to raise money, but the investment firms are either skeptical of our startup team, which is made up of a dozen young people, or the overall valuation of our website is not satisfactory. None of us on the team are very recognizable. ”

"And what is the valuation they give?"

"The highest price was only given 18 million."

Hearing this valuation, Sun Yi also secretly estimated it in his heart.

At the beginning, he invested 2 million, accounting for only 20% of the shares, that is, the overall valuation of the school intranet was 10 million.

Don't look at the valuation given by the investment company is 8 million higher, but compared with the development of the school intranet in the past ten months, not to mention the rest, the number of new registered users has increased by 5 times, and the valuation has not even doubled.

It's really a bit of a pit.

This is the hottest Internet industry in our current era.

Although Sun Yi has never eaten pork, he has also seen pigs run. What the Internet looks at, what it looks at is the user, and with the user, it is sooner or later to monetize. Moreover, which financing of those Internet companies is not several times or several times, why is it that he only has 8 million.

Not to mention Wang Xing and his entrepreneurial team, even he Sun Yi himself can't recognize it.

"Mr. Wang, indeed, I have the same opinion as you, this valuation is not sincere at all."

Wang Xing nodded, hesitated, and muttered:

"Now there is an investment company, they don't want to raise money, but hope to buy our website as a whole, they talked to us at the end of last year, and the price given at that time was also 18 million, but at that time there was your investment, we still had money in our hands, so we didn't agree, a while ago, they came again, this time the price was 22 million."

22 million, a little more than doubled.

Sun Yi can barely agree with this number.

I weighed it in my heart and asked my own questions.

"Which company is this?"

Wang Xing replied, "Thousand Oaks interactive." ”

Really.

is the same as the speculation in his heart, it is the parent company behind Renren in the future.

Although Shi Sun Yi became the first person to invest in the school intranet, history has retraced its trajectory, and the thousand oak interaction that acquired the school intranet for 16 million at the end of 06 reappeared in the previous life.

Sun Yi began to struggle.

In the end, whether to sell or not.

Sell it now, and immediately have more than 2 million earnings in the account. His investment has more than doubled in less than a year, a rate of return that is unprecedentedly in any industry.

However, this is all the rage and even a symbol of an era in China, Renren.com.

Sun Yi's thoughts now are very different from last year.

Last year, he was still a newcomer who had just stepped into the entertainment industry. At that time, his idea was to "have dates and no dates", invest a sum of money, wait for the school intranet to be sold, and make a lot of money.

But after a year of crawling in the entertainment industry, including the fundamental understanding of the phenomenon of high and low in this circle, his current thinking has completely changed.

In other words, Sun Yi's ambition has become bigger.

The more you have seen, the more you are no longer satisfied.

People are like this, if you have one, you want two, and he has seen the pyramid model contained in the entertainment industry, and he now thinks back to how ridiculous and naïve his idea of being a layman was, and he also produces, directs, screenwriters, actors, and ranks them in order.

These are all wrong, the real right to speak has always been, only capital, the others are floating clouds, all of them are superficial rights given by capital, and they will be changed if they are changed, and you will have to get out.

And the current intranet is the best opportunity for him to jump into the capitalist class.

Time is no problem, now is the time for the rise of social networks, which can be said to be about to stand on the cusp.

The project is no problem, even if the school intranet or Renren network finally declined, but it at least had a good time, and at the beginning of its listing, the market value was 8 billion.

Or dollars.

The team is no problem, Wang Xing's team has been through two failed entrepreneurial projects before, and it can be said that it has been through a hundred battles, and in its previous life, it was also with this fund and the same team to create a huge "kangaroo factory".

Moreover, Sun Yi now has an advantage, he is already one of the shareholders, and he can provide advice on future development.

"The right time, the right place and the right people" are all available, and you can take off with just a gust of wind.

Thinking of this, Sun Yi already has a plan in his heart, but he still needs to convince Wang Xing now, and judging from Wang Xing's visit today, his thoughts in his heart now are probably inclined to sell.

Gotta turn it over for him.

After thinking for a moment, Sun Yi took a sip of his coffee, and then sighed.

"Eh, Brother Wang, at the beginning, when I saw you, really, it was at Qingbei University, a classroom, small, messy, and there was no air conditioning in the summer, and more than a dozen of you were huddled together, without any resentment, and your faces were full of longing for a better future."

When Wang Xing heard this, he looked up at Sun Yi and wanted to say something, but Sun Yi waved his hand to stop him.

"It is your fighting spirit for ideals that has moved me and made me deeply infected, so I have invested in you without hesitation."

The best way to persuade a person is to arouse his empathy.

Sun Yi began to accompany Wang Xing to recall the eventful years of his business, and he even used his acting skills.

Wang Xing wanted to sell it, but he didn't want to sell it, but he couldn't help it, this was a helpless move he had to do.

For Wang Xing and his entrepreneurial team, it is like a son, if it is not a last resort, several fathers will choose to sell their sons.

"Brother Wang, are you willing?"

Wang Xing gasped and said fiercely:

"Unwilling, I'm really unwilling."

Sun Yi stared at Wang Xing's eyes tightly.

"Today is cruel, tomorrow is even more cruel, the day after tomorrow is beautiful, we can't fall tomorrow night."

I have to say that Daddy Ma's demagogic skills are really unmatched.

As soon as Sun Yi's words came out, Wang Xing's eyes were red, his fists were clenched tightly, and the green tendons on the back of his hands moved back and forth.

Across the coffee table, Sun Yi seemed to hear the "creaking" sound of Wang Xing's clenched teeth.

"Brother Wang, let's not sell, money, I'll think of a way again, it may not be much, but we can hold it up for a while, I believe that the opportunity is waiting for us not far ahead."

Before Sun Yi's words fell, Wang Xing stood up excitedly, holding Sun Yi's hands tightly, and his whole body was trembling.

"Thank you, thank you!"

Ask for recommendations, ask for monthly passes, ask for subscriptions.

Thanks!

(End of chapter)