My Age of Investment

  Chapter 611 Shooting cannon (seeking monthly ticket)

After finishing Charles, Robin Li, and Cao Guowei, Xia Jingxing called Pork Ding again.

  Pork Ding hasn’t raised pigs at this time. He is immersed in game research and development all day, and occasionally takes time to go to the bar to make a disc. He is not very interested in participating in those conspiracy and tricks. Moreover, the school intranet has not digged the people from their pig factory.

  On the contrary, he had a good impression of Xia Jingxing’s initiative to call and send advertising cooperation orders.

  He has no problem with the school intranet’s entry into China’s Internet arena, anyway, he doesn’t grab food from their bowls.

  SNS is an emerging market. Xia Jingxing has already made clear that he wants to make a big difference in this field. For this reason, he has also attracted the US Facebook. Why should he be a gunman for others.

  Looking above the wall and accepting the cooperation order with a smile, it is in line with the self-cultivation of an old man.

  After some friendly communication, Xia Jingxing also basically confirmed Ding Sanshi’s attitude and would not interfere in SNS disputes. He also welcomed his entry into the Internet circle.

  At this time, there are two other domestic Internet giants, Penguin and Shanda.

  Shanda mainly makes games. In recent years, it wants to penetrate into the pan-entertainment field. The school intranet has little conflict of interest with them.

  Last year, Shanda wanted to forcibly acquire Sina, and Envision Capital also helped them a lot. Although Envision Capital sold off the stock early, there is always one or two friendships.

   After receiving the call, Chen Tianqiao first congratulated Xia Jingxing on becoming the richest man. Then he said that he was very optimistic about the future development prospects of the school intranet, and jokingly put forward a share request, but Xia Jingxing declined.

   University student users and game users are highly overlapped. When Shanda wanted to acquire Sina, it also took a fancy to its large-scale Internet users, so there was so little interest in the school intranet.

   And Xia Jingxing’s refusal did not make Chen Tianqiao too surprised, after all, the other party was not short of money.

  After some friendly communication, Xia Jingxing has basically figured out the situation. Chen Tianqiao is still obsessed with the dream of building a network Disney at this time, and has little interest in other things.

  I don’t even pay much attention to the game business anymore, let alone a campus SNS.

  Penguin is different. Xiao Ma feels that Xia Jingxing is very dishonest. Only the front foot buys their penguin shares, and the back foot starts to toss SNS again.

   Regarding the advertising cooperation on the school’s intranet, Bonima naturally refused without hesitation.

  At the same time, he became vigilant about the school intranet and Xia Jingxing again, always feeling that the other party had no good intentions.

  When Envision Capital acquired Penguin stock from the secondary market last year, some analysts put forward the concept of “China-US social empire”.

  At that time, a large number of retail investors believed that it was true, stupidly jogging into the arena, rushing for high positions.

  Later, retail investors suffered a miserable loss. After the failure of Envision Capital's "acquisition" of Penguin, no one mentioned anything about the social empire across China and the United States.

  However, this incident left a deep impression in Bonima’s heart. Now that Envision Capital has invested heavily in the school intranet, it reminded him again.

  At present, Penguin is not only QQ. It launched Penguin.com in 2003. It has now become one of the four major portals. It has a strong momentum of development and continues to widen its boundaries.

  Stimulated by the school’s intranet, the suspicious Bonima also brought Liu Zhiping to discuss secretly about Penguin’s entry into the campus SNS.

   Excluding Ari, among the six listed Internet giants, Penguin is the only website that rejected Xia Jingxing’s offer, and Remote Vision Capital is still a shareholder of the other party.

  It really doesn’t give you any face!

  Because of this, Xia Jingxing has even greater opinions on Xiao Ma.

  However, he has gained a lot from this circle of pier worship.

  At least figured out the attitudes of various Internet leaders toward him, to Envision Capital, and to the school intranet, and also stabilized the major Internet giants.

  But this stabilization can only be said to be temporary, because the domestic SNS model has not been successfully verified.

  Once the fruit is ripe, people will naturally be jealous.

  But if he could temporarily stabilize this group of people, his goal was achieved.

  As long as these peripheral forces are stabilized, he can also free up his hands to concentrate on the opponents of Qianxiang and Zhanzuo.com, as well as the junior league behind these people.

  ……

  ……

  Two days later, Thousand Oaks Group and Zhanzuo.com held a grand press conference in a hotel and announced in a high profile that the two companies would merge strategically.

  As soon as the meeting started, Xia Jingxing received relevant news.

  He was prepared for this, and he was not surprised at all.

  Because Tong Shijie had already revealed the wind to him in advance.

  He aspired to be the richest man, injected 100 million US dollars into the school intranet, and Facebook strategically invested in the school intranet...

  The superposition of these several things has brought tremendous pressure to the junior league including Chen Yizhou.

  Chen Yizhou stands behind DCM and Legend Capital, and behind Zhanzao.com stands Sequoia China.

  Several venture capital institutions are the backbone members of the Junior One Alliance.

  Under the huge external threat of Xia Jingxing, Chen Yizhou proposed that internal friction should not be allowed, so the merger became the best solution.

  Not only the merger, at the press conference, Chen Yizhou also announced that the merged New Thousand Oaks Group will receive US$100 million in Series B financing jointly invested by more than ten venture capital institutions.

  This is also a counterattack to the school intranet. If you inject 100 million US dollars, we will also raise 100 million US dollars.

  If we add in the US$5 million raised by Zhanzuo.com and the US$48 million raised by Thousand Oaks Group, the cash reserves of New Thousand Oaks Group will exceed that of the school.

The word   the richest man brings a lot of pressure, and the first-year league cannot just admit defeat, and can only work together to increase the momentum.

  If it weren’t for Thousand Oaks Group’s foundation, the SNS market had not yet fully exploded, and the junior league would want to inject 200 million US dollars.

  Because they have a large number of people and more than a dozen institutions, the pressure on capital contributions is not particularly large.

  After the capital injection of 100 million U.S. dollars, the equity structure of New Thousand Oaks Group was severely damaged, and a dozen more shareholders suddenly appeared.

   Although Chen Yizhou is still the largest individual shareholder, he can no longer keep his promises as before.

  Many hidden dangers have been completely concealed under the surface gloss.

  Now the New Thousand Oaks Group is thinking about giving Xia Jingxing a good fight.

  At the press conference, a media reporter asked Chen Yizhou: "Thousand Oaks completed such a large financing, is it a counterattack to the school network? What do you think of the financing arms race with the school network?"

  Chen Yizhou replied calmly: "We are not going to fight back, we just prove our strength.

  Because some companies have come up with a 100 million dollar bill, there are quite a few battles that are overwhelming.

  Thousand Oaks Group is a start-up company, but it is also very popular with capital. More than a dozen top investment institutions in China and the United States are standing behind us...

  Also, the term financing arms race is not appropriate.

  Thousand Oaks Group develops with an open and win-win attitude. Entrepreneurs and investors win-win, not to engage in any competition.

  Some companies develop themselves behind closed doors. In my eyes, they are very petty.

  People often say that those who gain the way help more, and those who lose the way are few.

  The future situation, please wait and see. "

  At the press conference, Chen Yizhou was very relaxed, as if there was no pressure at all.

  Most reporters who didn't know the truth were taken aback. This is not to put the richest man in their eyes at all.

   Then, a reporter quickly asked: "You mean, the school network will be unjust and helpless? But behind the school network is the richest man worth 34.5 billion."

  Chen Yizhou has been forced to a corner by Xia Jingxing, and more than a dozen venture capital agencies have already pointed out that he should fire a gun at the press conference to facilitate the next operation.

  So Chen Yizhou continued to say ironically: "Will it be unjust and helpless? Time will tell everything."

  As for the richest man with a net worth of 34.5 billion, I think this statistic has a lot of water.

  As far as I know, most of them are unlisted company shares that are difficult to realize.

  In addition, Envision Capital has a very large booth, and it never cooperates with domestic venture capital institutions. Maybe it is because I feel that I am strong and I can't look down on it. "

  Hearing Chen Yizhou bombarding Vision Capital, the reporter continued to ask like a shark smelling blood, "Can you give me some examples?"

  Chen Yizhou took out the examples of Tudou.com and Ganji.com and other companies to explain in detail, and added: “This is not like a venture capital organization. It is more like a swallowing up the entire Chinese Internet industry.

  The appetite is very big, the front is drawn very long, and the consumption of funds is a huge figure.

  If this continues, it’s hard to say what the consequences will be? "

  The reporters heard Chen Yizhou’s subtext, which is cursing the collapse of Vision Capital.

  As soon as they became the richest man, you cursed them to die. It’s a big news.

  So, the reporters continued to ask questions, trying to get some big news from Chen Yizhou's mouth.

  But Chen Yizhou avoided talking next and turned to talk about the next plan of Thousand Oaks Group.

  Because Chen Yizhou felt that the heat was almost over, if he kept attacking Xia Jingxing, he would appear too narrow. A few comments are just right, because the enthusiastic reporters will help fuel the flames, and he doesn't need any more effort.

  (End of this chapter)