What’s Wrong With Me Being a Rich Man? - Chapter 253

Chapter 253 The style is still the same

The atmosphere in Bai Xiaosheng’s conference room was warm.

One party must try his best to give money, while the other party must not pay.

Although Yu Xing was mentally prepared, he had never had such an experience. He only felt this feeling in his heart… Well, it was really good.

“Mr. Zhang, Mr. Hu, Mr. Xu, let’s do this. WeChat company is not in the next round of financing. We just received another $5 million from Kestrel, but we will indeed need funds in the future. Once financing is raised, we three companies will have three companies. Still the most preferred fund.”

“The development of WeChat also requires data verification, which will reduce our common risks.”

“This is my decision, and it won’t be changed!”

Yu Xing had a firm attitude and did not plan to decide on financing once.

WeChat is growing rapidly now, and it will be easier to talk about money in a while.

All three institutions frowned, and Hu Xubo continued to persuade him, and Zhang Suyang and Xu Xin looked at each other and no longer insisted.

“Mr. Hu, do you know what kind of personality I have.” Yu Xing blocked Hu Xubo with such a sentence, and then stood up and invited, “Since we are here today, let’s take a look at the company’s development.”

Yu Xing is indeed an entrepreneur with a very personality.

This has been verified many times.

Having said that, it was a bad progress.

The reason why the three companies came together was to know that although Penguin was in the field of instant messaging, with the rapid growth of WeChat, as long as Yu Xing looked for money from the outside, he would definitely attract the interest of other institutions.

This is the charm of risks and interests.

Because of the company and founder attributes, there are few such neat investors coming to visit. Yu Xing took three bosses to specifically call Zhong Zhiling over and wanted to introduce Bai Xiaosheng who has hope of going public.

However, as one of the person in charge of the recruitment business, Zhong Zhiling was interrupted by Zhang Suyang after he had just talked about the recent market situation.

“Why are you looking at this place?” Zhang Suyang said in confusion, “Isn’t it the fourth floor?”

Zhong Zhiling: “…”

Yu Xing looked at the Bai Xiaosheng shareholder in surprise, and then noticed that the other two shareholders also had the same expression.

He opened his mouth and could only follow the good news to signal Zhong Zhiling to work, and took the shareholders of Bai Xiaosheng, who were interested in WeChat companies, to the fourth floor.

When people arrived at the fourth floor, there were more smiles on their faces.

Yu Xing was not proactive before, but now that he has brought them with him, he will show the company’s attraction at this time to his employees and introduce to everyone the institutions outside Kestrel Capital.

“WeChat has a certain chance, even if it is competing with Penguin.”

After greetings, Yu Xing took the initiative to mention his ideas about the company’s development.

This is also the first time that the founder mentioned a specific project today.

Zhang Suyang, Xu Xin, Hu Xubo, Liu Jiankai and others all became serious. This is not Yu Xing, who was whimsical seven months ago. He is now Mr. Yu who has the ability to advance quickly.

At this moment, it is undoubtedly a rare peek at the founder who explains his idea of ​​severe competition. Benefits belong to interests. If risks can be reduced, it is definitely the best.

“We have been put into the market since early July. Considering the pressure and running-in of the technical team, the efforts in the first two months were actually not big, but they have also achieved significant growth. By the time we officially launched promotion in the school season, the number of users has exceeded 400,000 .”

“From 0 to 400,000, I think it took a lot of effort to be Bai Xiaosheng.”

“WeChat company certainly takes hard work, but it is mainly technical, and compared to that level, I even think that these 400,000 users were achieved overnight.”

Yu Xing talked while walking.

Unlike today’s Capital’s Liu Jiankai who captured 600,000 users to analyze campus penetration, he talked about the previous 400,000 users.

“We thought before we started WeChat that this road is difficult. Mr. Zhang, you must still remember this idea freshly, but in fact, especially through technical levels, it is still difficult, but not that difficult. Now.”

“At the end of the day, there is a huge demand for instant messaging tools in the mobile era that face the social links of acquaintances.”

“This is the ecological niche that WeChat has obtained 400,000 users.”

Yu Xing looked at the people from the three institutions and gave a clear positioning.

Then, he mentioned the current market entry point: “Campus users are just a reflection of this ecological niche. If it weren’t for the existence of penguins, we wouldn’t have to start from the campus at the beginning.”

Xu Xin listened to this argument and thought: “Penguin’s QQ is mainly for strangers’ social interaction, mobile Fexin is for acquaintances social interaction, but sets its own limitations, WeChat… As everyone is increasingly unable to live without their mobile phones, they are each other The connection has indeed emerged with an extremely valuable ecological location.”

“Weibo is also a stranger. Renren is an acquaintance on campus, and WeChat has more tool attributes than these two companies.” Zhang Suyang remembered the other two social platforms on the market.

Looking at the entire market, WeChat’s current attributes are indeed unique.

Yu Xing said: “If you put aside the reputation of penguins, I believe everyone can notice this keenly, but penguins really can’t be abandoned. We have been observing it for the past few months, not to mention other aspects, QQ The transformation of this core product is also slow. “

He paused and continued, “It can only be said that there are all kinds of reasons. Now is the best time to disrupt the mobile instant messaging field.”

It goes without saying who is subverting it.

Xu Xin asked at this time: “Penguin will not be slow like this. What if it wakes up?”

Forget other products, a new communication product will make the penguin wake up as quickly as possible.

When Yu Xing faced this question, he talked about the judgment he had said to Li Shanyou, Zhong Zhiling, Lei Weiming and others, that is, Penguin’s dynamics facing WeChat competition.

Penguin uses QQ to fight, which is a strategic mistake. Promoting similar products can also leave time to continue to rush forward.

He talked about his views on this aspect, which made investors laugh out loud.

But in the end, I brought everyone back to reality in just one sentence.

“The most terrifying thing is that Penguin gathers the power of the entire company to pounce on us.”

Yu Xing’s tone seemed vague.

The smile on Xu Xin’s face automatically retracted and she sighed, “Mr. Yu, you can stop saying this.”

As long as you don’t mention this, investors can be coaxed happily today.

Yu Xing shrugged: “What’s wrong with realizing reality? The more the penguin pounces on it, the more your funds can show their effect.”

When Xu Xin saw Yu Xing like this, she could only say that this was very Yu Xing.

The problem is that what we pursue is not the capital that we pursue, but the maximum benefits.

“Have something for lunch?” Yu Xing initiated an invitation to lunch.

Although the shadow of the penguin was re-outlined, investors all happily accepted the invitation from pioneering entrepreneurs and gave high praise to his simple choice of Shaxian Hotel.

Otherwise, it would be really unhuman to have a project like Mr. Yu to attack the penguin.

The investors of the three companies wanted to linger in the afternoon, but there was work to do on the fourth and sixth floors, so they could only leave the company with Mr. Yu’s limited promise.

Hu Xubo of Qiming Venture Capital left the team first.

Xu Xin exchanged views on the WeChat project with Zhang Suyang again.

Judging from today’s visit, Yu Xing’s ideas are very clear and efficient, not to mention courage.

Xu Xin unified WeChat with Zhang Suyang again and had a sense of being a big deal. Finally, she sighed and said, “I thought he was an extraordinary person for the first time when I met Yu Xing, but his growth was still beyond my imagination. , Mr. Zhang, this time we need to face the competition from Penguin, and the situation is also very unusual. We need to advance and retreat together to have hope to reach the end.”

Zhang Suyang deeply agrees, that’s a penguin. Others don’t know, but IDG doesn’t know yet?

He shook hands with Mr. Xu heavily, thanking her for her revelation of WeChat’s progress. Without the continuous tracking of today’s capital, IDG would not have known so quickly that such a vibrant change in the field of instant messaging was seen. In order to show respect, Zhang Suyang also watched the car of Capital BOSS disappear from his sight before turning around.

While walking, he ordered the secretary: “One more electric Mr. Xiong, come to Shencheng quickly!”

The secretary nodded silently and replied, “Mr. Xiong should have arrived at the airport.”

Zhang Suyang said “hmm” and asked again: “Is the hotel open? It’s nearby.”

While pressing the phone, the secretary replied, “It’s ready to open, a convenient hotel, it’s just a few minutes away.”

Zhang Suyang felt relieved, lit a cigarette, and slowly thought about the WeChat project.

It is indeed high risk and high returns. However, Yu Xing’s performance from the Spring Festival to the present can add positive ratings to WeChat. The new company has solid research and development and is not impatient in the market. This is rare.

so…

What about this and that? You can’t handle the investment. I, IDG, still has chips, is useless.

Zhang Suyang knew that Xu Xin and Yu Xing had a very tense relationship, but although he had asked Bai Xiaosheng to use it for a special purpose before and was not optimistic about WeChat incubation, Xiong Xiaoge and Mr. Xiong were somewhat respectful in Bai Xiaosheng’s investment. .

No mistakes, one song, one content, one in 6, one book, one bar, one reading!

If Mr. Xiong had not intervened and had IDG invested happily, he would have to be tugged with Yu Xing.

Zhang Suyang did not care much about Bai Xiaosheng’s development, but he would look at the trends regularly. He naturally knew the situation of Yu Xing and Bai Xiaosheng, and also knew the character background he showed in similar events of “Death 72 Hours”.

Mr. Xiong agrees with you so happily and Bai Xiaosheng. With your personality, it would be fine if you don’t let Today Capital and Qiming Venture Capital come in at this time. Can I still get some thin face when I am with Mr. Xiong? ?

Zhang Suyang’s thoughts crackled.

By eight o’clock in the evening, the lights on the sixth floor had gone out and the ones on the fourth floor were still on.

“He is on it?” Xiong Xiaoge, who arrived downstairs of the WeChat company headquarters, looked up.

Zhang Suyang next to him confirmed, “The car didn’t move. Xiao Zhao saw him downstairs and smoked and went up again after watching for a long time. Even if he was not here, he would definitely see him tonight. Mr. Xiong, look.”

He handed over the data and analysis of WeChat projects that he had sorted out and printed, and today’s exchange with Yu Xing.

Xiong Xiaoge’s text message had already received similar messages. He just flipped through it and handed it back, then asked, “Do you talk about valuation? Is there a general range?”

“No talk, he doesn’t want money at all,” said Zhang Suyang. “However, WeChat has already taken $10 million from Kestrel Capital and has a valuation of $50 million.”

Xiong Xiaoge pondered, “It’s not low.”

The company that was founded seven months ago has received such a valuation.

Zhang Suyang nodded and said, “Yes, it’s not low, so it’s hard to discuss no matter how you estimate it below. The main reason is that Yu Xing’s attitude is difficult, and in addition, this project will definitely gain the interest of many institutions.”

Xiong Xiaoge commented: “This interest will come to an abrupt end after actually meeting a penguin.”

Zhang Suyang agrees with this view.

Xiong Xiaoge divided a cigarette, then lit it and took two sips, without any intention of going up immediately.

After a while, he said: “The upper limit of this project is very high, and the lower limit is actually guaranteed. Even if the challenge to Penguin fails, I believe that Baidu, Alibaba or Sina will be interested in trying to take over.”

Zhang Suyang’s eyes lit up, which reduced a certain risk.

However, the time to find someone to take over requires you to grasp. If you die, it will be worthless. If you are not die, Yu Xing may not be willing to sell it, but there is still a chance to get rid of the worst situation of losing money.

Xiong Xiaoge quietly smoked a cigarette under the street light, and then said, “Let’s go and see Mr. Yu.”

Zhang Suyang followed closely: “Where is the valuation? How should we estimate this?”

Xiong Xiaoge smiled but said nothing.

The elevator went up and soon arrived at the fourth floor.

Xiong Xiaoge and his party walked out of the elevator and saw Yu Xing chatting with the employee behind the glass door.

“Hahaha, Brother Yu!”

Yu Xing heard a long laugh and looked back and saw in shock that it was IDG’s boss Xiong Xiaoge coming.

He said in surprise: “Old…uh, Mr. Xiong, why are you here?”

Xiong Xiaoge walked over quickly, stretched out his right hand, and said with a smile: “I heard that there was a company doing a project like instant messaging. I immediately saw Lie Xinxin, and couldn’t help but run and take a look.”

Yu Xing glanced at Zhang Suyang next to him and said modestly: “Mr. Xiong has gone too far. This newly hatched project is actually…”

“Brother Yu, don’t be humble. It is inevitable that there are risks in this track.” Xiong Xiaoge let go of his hand and was extremely straightforward, “I believe you, how much do you think WeChat company is worth now?”

His loud voice made all the employees who were immersed in their work watch it.

Yu Xing pondered for a moment, but no answer.

Xiong Xiaoge said again at this time: “I firmly believe that investing is investing in people. I came last time, so, this time, too.”

Yu Xing knew the person in front of him mentioned the meaning of the last time, but he was just the same this time. If there is one, it would be different if it comes out of the mouths of different people.

As soon as he thought of this, he gave the answer: “$10 million, 10%.

Xiong Xiaoge stretched out his right hand again without hesitation.

Yu Xing also held his right hand together.

The employees present heard and witnessed the company’s value-added, and saw that the financing was so rapid that it reached its intention, and all of them clapped and some people blew the whistle.

“Mr. Xiong’s style is admirable.” Yu Xing shook hands and smiled.

Xiong Xiaoge was also very happy: “All the styles of our investors are just for entrepreneurs to add color. Therefore, whenever I meet an excellent entrepreneur, I am full of joy and can’t bear to miss it, hahaha, can’t bear to miss it.”

Yu Xing let go of his hand, pointed sideways in the direction of the office, and politely invited: “Mr. Xiong, have tea.”

Xiong Xiaoge nodded, smiled at the employees present, and then walked towards the President’s Office.

…

“Not good! Mr. Xu, it’s broken! Mr. Xu!”

At 10 o’clock the next morning, Liu Jiankai was dodging and calling his boss at the entrance of the supermarket opposite the WeChat company headquarters.

Xu Xin heard the anxiousness overflowing from the phone and said strangely: “What’s wrong?”

Liu Jiankai lamented: “I passed by the WeChat company today, and I thought about coming and checking out again and asking Mr. Yu about the specific data, but I just saw Xiong Xiaoge who went downstairs to send IDG into the car and leave. IDG’s Xiong Xiaoge!”

He stole WeChat’s home before, but now he suddenly felt the feeling of being stolen!

Xu Xin was stunned at first, then angry: “Xiong Xiaoge? IDG? Zhang Suyang? They…them…dam! Yu Xing…”

My husband bought his company, I invested in his new project, I was kicked out of the office by him, the project in my hand was ruined by him, I just got the promise yesterday, I…

Damn, speak for me! Let me speak out!

She pinched her cell phone and uttered a vicious sentence: “Wait for me! Wait for me!”

Before Liu Jiankai could speak, he heard the sound of the phone hanging up, so he had to put down his phone.

Waiting for you, Mr. Xu, come and find justice!

(End of this chapter)