May 4, 1994, the first day after May Day.

Kleiner Perkins Caufield & Byers、IDG、The news that DFJ’s three companies had each invested in the newly established Transsion Company under Star Group with a total investment amount of US$300 million was like a bolt from the blue, shocking the whole of Hong Kong and even the whole world.

This is another financing after IDG invested US$10 million in Qunar.com and travel network (corrected, there was a mistake before and cannot be corrected), and it is the highest financing in the global Internet industry.

Three hundred million dollars.

Can an Internet website be worth so much money?

Everyone thinks that the three venture capital companies are crazy. No matter how popular Qiandu Website Navigation and Qiandu Music Network are, they are not worth the price.

But the reporter asked IDG’s investment representative Yaman why IDG invested heavily in the Internet.

First, you invested US$10 million in Qunar.com, and now you spend US$80 million in Transsion. Is the Internet really that attractive and worth your investment?

Facing the reporter’s question, Arman, a foreigner who speaks very good Chinese, smiled calmly and said:”Maybe people think this is crazy, but time will prove everything, how big the future of the Internet is.”

It wasn’t just Arman who answered this way.

Both DFJ and Kleiner Perkins think so.

In fact, they had no confidence before. It wasn’t until Qiu Baijun came up with the commercialization plan of Qiandu Website Navigation and Qiandu Music Network that they put down their worries. They even regretted why they didn’t invest more.

It’s a pity that there is no regret medicine.

Please ask Baijun not to accept additional investment.

Although Qiandu Website Navigation and Qiandu Music Network are not very important businesses in the entire Star Group strategy, they are currently important traffic portals.

Once the controlling stake is lost, it will greatly affect the next products launched by Star Group.

In the face of heated discussions from the outside world, the protagonists sat calmly in the office drinking tea and chatting.

Participants included Qiu Baijun, Lei Jun, Cai Xiongxin and Jiang Feng.

Cai Xiongxin has now been promoted to CFO of Star Group, which is also the chief financial officer.

In addition, Jiang Feng deliberately cultivated him, so he was able to attend this very private meeting.

“How do you plan to spend the US$300 million raised this time? Jiang

Feng took a sip of tea, put down the cup in his hand, and looked at Qiu Baijun with a smile.

Qiu Baijun said,”How to spend it?” Simple, first use the money to buy music copyrights from major music companies in the United States, and first enrich the music library of Qiandu Music Network. In addition, I plan to build a data center in Xiangjiang. As the group’s business develops, we must build our own data center”

“There is no point in hosting anymore. It is safer to put it in my own hands. I plan to build a data center on Lantau Island. It has beautiful mountains and clear waters and is adjacent to the sea. It is suitable for planning to build a data center.”

“Finally, we will increase research and development, launch a Japanese version as soon as possible, and invest in record companies….”

Jiang Feng nodded slightly.

There are actually better uses for this money, but it was financed by Transsion, and the three venture capital institutions are definitely not willing to invest money in Qiandu Information Technology Company and Penguin Network Company.

To put it bluntly, this money can only be used for the development of Transsion.

In this way, investing in the music industry chain as mentioned by Qiu Baijun is the most reasonable way.

But as a result, Qiandu Information Technology Company, Penguin Network Company and Global Online will have problems and will have no funds.

“Let’s do this, I will inject another 200 million US dollars into Star Group, so that it can last until at least the middle of next year. Jiang Feng thought for a while and said,”

By then, Transsion Company should be online.””

Once online and after the stock lock-up period, Jiang Feng cashed out at the right opportunity.

When they heard that Jiang Feng was going to inject funds into Star Group, Qiu Baijun, Lei Jun, and especially Cai Xiongxin, who was the financial officer, looked happy

“We were worried that the company was running out of funds, so our boss generously donated money, which really relieved our urgent need.”

Cai Xiongxin said with emotion from the side.

Jiang Feng smiled at him and said,”It seems that Mr. Cai has been frowning recently.”

“That’s not it”

“Boss, you don’t know, Mr. Cai comes to me every day and tells me that the company is out of funds.”

“Ha ha~~”

Jiang Feng laughed twice

“By the way, boss, I have an idea.”Lei Jun suddenly said

“idea? Jiang

Feng was stunned for a moment, then looked at Lei Jun with a smile,”What?” what idea!”

“Is such that”

“A technician under me gave me a suggestion a few days ago, which is to develop an anti-virus software for the computers we currently work on, so as to prevent hackers or competitors from stealing our information.”

“There is also the data center that Mr. Qiu just mentioned. I think it is also very necessary.”

Lei Jun said solemnly.

“Um?”

Jiang Feng’s face was slightly surprised.

I didn’t expect that someone would think of anti-virus software.

What a talent.

At least there are only a handful of people who have this idea now.

It’s not that Jiang Feng didn’t think of it before, it’s just that he felt it was too early, too early There is no guarantee that anyone will use it once it is developed, so there is no rush.

However, regarding the data center, Jiang Feng was reminded.

It is time to launch anti-virus software

“By the way, what’s the name of the technician you’re talking about? Jiang Feng asked curiously

“Lin Zhengnong”

“It’s him?”

Jiang Feng was shocked.

Unexpectedly, Lei Jun was talking about Lin Zhengnong, who would be known as the hacker master in the future.

“how? Boss, do you know him?”

Lei Jun asked curiously

“without~~”

Jiang Feng calmed down and realized that he had lost his composure just now.

He took a deep breath, suppressed his inner emotions, and said calmly:”Where is the person you mentioned now?”

“In the company.”

Perhaps sensing the importance Jiang Feng attached to Lin Zhengnong, Lei Jun added,”How about I call him up!”

“No~~~”

Jiang Feng waved his hand and said calmly:”There is no rush.”

After saying that, he raised his head and said to Qiu Baijun:”I am here today mainly to talk to you about the future development direction of the company.”

“Currently, we are leading in search, social networking and e-commerce, but there are still many big deficiencies in content….”


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