My Age of Investment

  Chapter 433 Disappointed Person (seeking monthly pass)

  The matter was over. After resting for one night in Star City, Xia Jingxing, Yang Haoyong and Zhang Chenguang went straight to the airport early the next morning.

  Tudou was in the magic city, and Wang Wei drove back by himself.

After getting off the plane, Xia Jingxing saw Rao Lei and Liu Jian who had come to greet him as soon as he left the airport.

  Rao Lei patted Xia Jingxing on the shoulder, with emotion and joy on his face, "I'm back!"

  "It’s not easy to mix abroad, so I have to go back to my country!"

  Xia Jingxing shook hands with Liu Jian again, gave Rao Lei a glance, and joked.

   Rao Lei gave a dry cough and smiled: "How do I feel that you are connoting us?

  The two of us can't mix together anymore abroad, so we ran back to China, but now we can't mix together at home, I really don't know what else to do.

  Lao Liu, don’t you think? "

  Liu Jian sighed, “Isn’t it, I always thought that starting a business is an easy thing, I really know how difficult it is when I try it myself.”

  Xia Jingxing smiled, did not follow the topic to talk more, and introduced Yang Haoyong and Zhang Chenguang behind him to the two of them.

  Zhang Chenguang didn't talk much, and knew that he couldn't talk to these bosses together, so he stood aside after shaking his hands and stopped talking.

  Yang Haoyong himself also started his own business and has also stayed in school, so there is a topic to talk with the two of them.

   "Oh, Hao Yong, you started the Ganji.com?"

  Liu Jian suddenly realized, and then "haha" laughed, "There are advertisements for Ganji.com everywhere in our community. It says that we are looking for Ganji.com for renting houses, buying second-hand goods, and making friends."

  Compared to a thumbs up, he said, "The ads are done well, and the website is very innovative."

  Yang Haoyong scratched his head, "It's all stupid methods that made the two big brothers laugh."

"No no!"

  Liu Jian waved his hands again and again, "I actually think that if we can work hard to promote this way, we will surely become a great weapon in the future."

   After a few words of greeting, everyone got on an Audi together.

  The car belongs to Liu Jian, and he himself served as the driver, carrying a car full of people to Zhongguancun.

  Zhang Chenguang was sitting in the co-pilot, while Rao Lei, who was sitting in the back, spoke with Xia Jingxing and Yang Haoyong, who were sitting on the left and right.

   "Jingxing, it’s a bit crowded, don’t be surprised, I mainly want to chat with you in the car, and report to you about my work by the way."

  Xia Jingxing is not a ostentatious person, and nodded, "This is very good, no time wasting. But don't talk about reporting work, it's out of the ordinary!"

Rao Lei smiled and chatted a few gossips, and he quickly entered the topic: "Youyoumi is now in a growth dilemma. The user growth has been stuck at more than one million, unable to exceed two million, and active users are still being lost. .

  Liu Jian and I have reflected on this issue, and found that not only us, but also Yiyou, Heyyou...this large group of SNS social networking sites established at the same time are all caught in the same problem.

  It is possible that China’s SNS concept is immature, and all of them have been copied from Silicon Valley, which has caused dissatisfaction. "

  Xia Jingxing had expected this ending a long time ago, and was not surprised at all, and asked calmly: "Then what are you going to do now?

   Early this morning, Christina called me and said that you have something to discuss. "

  Rao Lei and Liu Jian, who was looking at the rearview mirror, met with each other. They couldn’t hide their loneliness, and said quietly, “We want to sell Youyoumi!”

  Now even Yang Haoyong, who is sitting next to him, couldn’t help but glanced curiously. Just now, he had been pretending to look at the scenery outside the window, and now he is not in the mood to watch it anymore.

   Facebook investment friend Youmi was at the beginning of last year. At that time, he was still the head of the cyber security department at Facebook, and he knew there was such a thing.

  Including him, all the company's middle and senior executives know that Facebook has planted a chess piece in China.

  Now that the chess pieces are about to be sold, what will Facebook do?

  Yang Haoyong looked at Xia Jingxing curiously, and Rao Lei did the same.

  " Facebook has now fully covered North America and Europe, Oceania, and South America and Africa are of lower priority.

  Currently, the focus is on Asia. The Indian market has already entered. The next step is Japan, South Korea, New Zealand, Hong Kong, Macao and Taiwan. The mainland will not enter! "

Hearing what Xia Jingxing said so decisively, Rao Lei frowned. Even Liu Jian, regardless of traffic safety, quickly looked back and then quickly retracted his gaze.

"Why?"

   Rao Lei spread his hands, looking puzzled: "You are now back to China, why don't you bring Facebook to China?

  Youyoumi is that the technology is not good, the concept is not innovative enough, and the funds are also scarce.

   Facebook is different, you enter the Chinese market, I believe that no SNS social networking site is your opponent. "

  Xia Jingxing was silent for a moment. There are many reasons why it is not enough for outsiders.

   Facebook has blended with the Yingjiang government, can it still enter the Chinese market to grasp citizen data?

  The Bunny government is unwilling, and he does not want to push this matter to ground.

  If there is a problem in the future, he will not be able to bear this responsibility, and he will also cause the collapse of the domestic business.

   "As you said, Facebook also has its own considerations. At present, domestic netizens do not approve of the social network model.

  What's more, Penguin has also launched Qzone now. With a huge user base, the blow they have brought to small and medium-sized entrepreneurial SNS websites is disastrous. "

   Rao Lei’s remarks, there really is so much truth, who can compare to QQ in the number of users.

  Now Penguins are also interested in this piece of cake, and they have a good location. Facebook does not want to enter the fight and invest more resources in the countries that allow them to gallop. It cannot be said that the choice is wrong.

After    figured it out, he stopped asking too much, and said with a serious face: "If this is the case, Youyoumi will not be able to merge into Facebook according to the previous agreement."

  Xia Jingxing nodded. He had said this before, but it was just a joke, and he didn't take it to heart.

  Rao Lei said again: "Chen Yizhou is somewhat interested in Youyoumi, but the price he offered is not high."

  Xia Jingxing asked, "I remember they called you at the beginning of the year."

"Correct!"

  Rao Lei said: "Youyou had less than one million users at the time, and Chen Yizhou offered a purchase price of 5 million U.S. dollars.

  At that time, we felt that the price was low, and we couldn’t explain it to you investment shareholders.

  I voted for us for a year, so I can’t keep you busy, right?

  So, even though Youyoumi was in a growth problem at the time, we still gritted our teeth and continued to do it, wanting to see if we could create a miracle.

   Another half year has passed. Although the number of users has doubled, it has not achieved that kind of exponential growth, and the growth momentum is very flat.

  At present, the funds in the company's accounts are running out, the industry is gradually getting colder, and the capital has become conservative, which makes financing difficult.

  I discussed with Lao Liu and decided to sell it while the company can still maintain a certain market share of social networking sites.

  Find a good next home and sell it at a good price. It is also an explanation to your shareholders, and it can also keep the work of the employees working together so that they will not lose their jobs.

  If Facebook doesn't have the idea of ​​entering the Chinese market, we have to think about it, and only Thousand Oaks Group is the most suitable.

  Chen Yizhou has looked for us many times, but none of us let go.

  Because I always remember, you said that Facebook needs a springboard to enter China. "

  Xia Jingxing understood, and nodded and smiled: "Brother Rao, I have your intentions, but Facebook has already confirmed it and will not consider the Chinese market for a few years."

   "That's OK, let's have a good talk with Chen Yizhou next, and try to negotiate a good price."

  Rao Lei smiled reluctantly, “Of course, because Youyoumi has not many users, the industry is gradually getting colder, and the price of M&A is not much higher, no matter how high it is.

  You must be mentally prepared, your investment is destined to not make a lot of money.

  Here, let me say sorry to you first, and I have failed you and Christina. "

  Xia Jingxing waved his hand, shook his head and said: "What are you talking about? It's too serious, Brother Rao!"

   Seeing that Xia Jingxing really didn't have any complaints, Rao Lei was not hypocritical, and began to talk digressions again.

   After chatting, the car arrived in Zhongguancun where Youyoumi is located.

  Yang Haoyong did not accompany you to visit Youyoumi. After arriving at the place, he got off the car and went back to Tsinghua Science and Technology Park alone. The Ganji.com office was there, not far away.

  Xia Jingxing and Zhang Chenguang, under the leadership of Rao and Liu, went to Youyoumi’s office to take a look.

  (End of this chapter)