Chapter 747: Let’s Go Penguin (5k)

On May 3, at noon, Wang Xing arrived in the capital.

As soon as he landed, he turned on his phone and saw several calls and text messages, mostly from the company's founders and executives, including a call from Chen Yizhou.

They come and go in a hurry, but their mentality is completely different.

On the way to the company, Wang Xing first ate a bowl of noodles to satisfy his hunger, and then called co-founder Wang Huiwen to tell him that he had arrived in Beijing.

"Okay, come quickly, Chen Yizhou will arrive at the company later." Wang Huiwen said.

Out of some inexplicable emotion, Wang Xing did not inform the company about the smooth contact with Yike in the past few days, but only said vaguely that he was in talks.

When he arrived at the company, Chen Yizhou from Thousand Oaks Group was already waiting in the conference room, and several senior executives from Xiaonei.com were smiling and chatting. The atmosphere was so harmonious that they did not look like they were discussing acquisitions.

"Mr. Wang, I am sincere about Thousand Oaks' acquisition of the school network." Chen Yizhou saw Wang Xing coming and said gently, "Otherwise, I wouldn't come to see you again and again."

He glanced at the other senior executives of Xiaonei.com and continued: "I actually admire the achievements of you young people. I had a good chat with Mr. Lai just now. I wonder what Mr. Wang's opinion of our last acquisition price was. Don’t you have any other ideas? We can discuss it.”

After hearing these words, Wang Xing was silent for two seconds and said, "Mr. Chen, I'm sorry, the school network is no longer for sale."

When I said these words, I felt an indescribable joy in my heart, but it was fleeting.

Wang Xing looked at the surprise of Chen Yizhou and his senior management, and announced the latest news: "Mr. Fang from Yike is willing to invest in the school network and will strongly support the development of the school network."

Wang Huiwen's face flashed with joy, Wang Xing's trip was actually concluded?

When Chen Yizhou heard the names of Yi Ke and Mr. Fang, he was stunned and then said: "Mr. Wang, the penguin your website is facing now..."

Wang Xing interrupted, but only repeated a few words: "Mr. Fang from Yike."

These few words are enough.

Chen Yizhou took a breath, hesitated for a few seconds, and then asked with some worry: "Is Yike going to the venue too?"

5Q Network, a subsidiary of Thousand Oaks Group, also focuses on campus social networking. This time the acquisition of the campus network failed, and the external environment followed the entry of Penguin. If another Yike is added, it may be more difficult to succeed.

Wang Xing nodded without hesitation, and expectedly saw the complicated emotions on Chen Yizhou's face, as well as the joy of other high-level officials in the school network.

Chen Yizhou stood up, not expecting to hear such bad news this time.

He shook hands with the top management of Xiaonei Network one by one, and finally said after shaking hands with Wang Xing: "It seems that this is a battle of giants. I hope that Xiaonei Network will develop smoothly."

Wang Xing thanked him politely and sent Chen Yizhou to the elevator.

When he returned to the conference room, everyone was whispering about Yike's investment.

Wang Xing did not speak. He drank a few sips of tea slowly and waited for everyone to be quiet before announcing more news.

"This time I met Mr. Fang. Not only Yike Investment, but also Sina, IDG, Shenxin Technology and other companies will invest in the school network. There is no need to worry about funds. Now we have only one goal, how to become the Facebook of the East."

“This was our original goal and what all investors expected of us.”

"We've been through a lot of setbacks together this month, and I hope these can be an asset for everyone moving forward."

"Forget Thousand Oaks, forget Sequoia, forget ES, now we have to consider how to compete with our biggest competitors."

Wang Xing was not impassioned, but described the situation calmly.

Everyone in the conference room was still very happy, except Wang Huiwen. He vaguely felt that Wang Xing seemed to have become...more calm after his return.

The original acquisition meeting was changed to a business discussion, but it did not last too long. Everyone needed to digest the good news brought from Shanghai.

At 2:30 in the afternoon, the others left, and Wang Huiwen and Wang Xing went to the president's office together.

"Yike Investment? There are several companies like Sina and IDG? How to calculate the valuation? Does Mr. Fang want to bring in so many collaborators? Will he interfere in management?" Wang Huiwen had a series of questions in her mind.

"Our original shares will definitely have to be reduced by a large proportion, and the valuation will have to wait until the institutions confirm their intentions before we sit down and talk. The initial estimate is around 20 million." Wang Xing knew what the co-founder wanted to ask, "Mr. Fang They are very tolerant and open. They are willing to help us this time because they think the social network track is very promising. ”

He continued: "Mr. Fang will not interfere easily, but considering the competition from Penguin, Sina will come over with a team to operate the school network together. I think this is reasonable."

Wang Huiwen was stunned and subconsciously felt that this was another form of sale. If Sina sent a team here and added the financing, who would have the right to speak?

He thought for a while and expressed his worries: "It seems that Yike is willing to vigorously enter the social network. If there is subsequent financing and our shareholding ratio is further reduced, wouldn't it be easy for the company to change hands?"

"I believe Mr. Fang." Wang Xing said concisely.

And, what he didn't say was that of course he could only trust Mr. Fang at this time.

Wang Huiwen waited for Wang Xing's further explanation. However, the detailed analysis did not come as promised, only this sentence.

Wang Xing drank half a cup of tea silently, and still said something from his brother Wang Fengyi: "Considering the management situation of Xiaonei.com, this round of financing may adopt the Google-style AB share model, so that legal control can be maintained."

AB shares are equal shares with different rights. A small number of shares can be used to maintain company control. In the past two years, with Google's listing of AB shares, more and more high-tech companies have adopted this form.

Wang Huiwen chewed on the meaning of this sentence.

Then, he was surprised to hear Wang Xing's decision.

"I told the investors that I am willing to accept Sina or Yike holding the same B shares." Wang Xing said lightly, "It is meaningless to simply control the company. The most important thing for the company now is to develop and compete with Penguin."

Not only does he hold B shares, his control will be checked, and there is a risk of power falling into the hands of others.

Wang Xing doesn't know how President Fang will deal with it, but this is his statement.

Wang Huiwen wanted to say something but suddenly didn't know what to say.

Finally, he just said: "Mr. Fang is willing to support the development of Xiaonei.com, this is good news."

Wang Xing smiled: "Yes, we must seize this opportunity."

"Well." Wang Huiwen nodded, hesitated for a moment, and said, "Then I will sort out the user feedback in the past few days. You can see that it is mainly the problem of server jamming."

Wang Xing nodded: "Okay."

Wang Huiwen turned and left the office.

Wang Xing watched him leave, emptied his mind for a few seconds, and quickly got back to work. Mr. Fang said that Penguin's resources are very strong, and Xiaonei.com will face great competitive pressure even after getting the investment from Yike.

On this day, everyone in Xiaonei.com knew and digested the new financing news, and Penguin also announced an adjustment.

Zeng Liqing, one of the main founders of Penguin, will be responsible for Penguin's social network strategy and will serve as the head of the QQ Alumni Business Group.

With the announcement of this appointment, Penguin's emphasis on social networks can also be seen.

Zeng Liqing, Ma Huateng, Xu Chenye and other five people are known as the "Penguin Five Tigers". They are the top core management of this giant. He is responsible for the new social network business and Xu Chenye's previous voice on Zhihu, which undoubtedly shows that Penguin is serious.

The giant is coming.

The giant is really coming.

However, just when various financial media and Zhihu were discussing Penguin's entry into new business again with traffic, the news that Yike will invest in Xiaonei.com was also revealed.

This revelation did not come from Yike, but from Sina.

Wang Gaofei, deputy general manager of Sina Wireless, accepted an interview with the media, talking about the development of the domestic wireless market, and revealed a piece of news that Sina will invest in Xiaonei.com and participate in operations to a certain extent.

What does this mean?

First there was Sina's portal dispute, and then the entry competition of existing social networks?

Is this a signal that Yike will enter the game and compete head-on with Penguin?

Or is it just Sina's own move?

Once a related news leaked, more news was soon confirmed.

Not only Sina, but also Yike, Goldman Sachs, IDG, and Shenxin Technology have invested in Xiaonei.com!

Five in total!

Moreover, these institutions undoubtedly have a close relationship with Mr. Fang.

The media heard about the news, and Zhihu was a hot topic.

"The direct confrontation between Yike and Penguin! Social networks are so important? Two giants have entered the market one after the other!"

"I heard that Sequoia invested in Zhanzuo.com, which is embarrassing."

"Did you notice that Shenxin Kechuang is a shareholder of Penguin? This time, it is going to invest in Xiaonei.com. Who will x-on:Wang Fenggou?"

"I feel that Yike's chances of winning are not great. Xiaonei.com has not accumulated enough users. Penguin has such a large traffic that it is easy to catch up."

"The experience of Xiaonei.com has been improving. I was wondering why it has not been stuck for the past two days. It must be because of the addition of servers."

On May 7, Wang Xing was browsing Zhihu in his office, wanting to see if there were any big guys who could give advice to Xiaonei.com against the giants. When he saw the words "Wang Fenggou" and "Wang Fenggou", he couldn't help but smile.

It turns out that Brother Wang is quite famous on Zhihu?

Or, call him Brother Dog in the future?

Wang Xing was thinking about this when the door of his office was knocked.

He answered and got up to open the door.

However, the door was pushed open first, and a group of people filed in.

The leader was quite young. He took a quick look at the office and took the initiative to extend his hand and said, "I am Wang Gaofei from Sina. I will be transferred to take charge of the campus network this time. Mr. Wang, happy cooperation."

Wang Gaofei spoke a little faster, with a slightly higher attitude and a slightly more confident spirit, as if he was not from Sina, but the owner of the campus network.

Wang Xing paused in his heart and shook hands without expression: "Brother Gaofei, welcome, welcome, let's talk in the conference room."

Sina borrowed a sum of money to add servers in the past few days, and sent a team today. It was originally scheduled for the afternoon, but it arrived at noon.

Wang Xing did not feel dissatisfied or timid because of Wang Gaofei's attitude. This time he was going to work on Penguin. Whether it was external competition or internal running-in, he had made sufficient psychological preparations.

...

After Yike, Shenxin Kechuang, and Sina confirmed their investment, Goldman Sachs and IDG were also willing to make generous contributions, which completed the institutional main body of investment in the campus network.

Because the Taiwan reporter officially tore up the settlement agreement with SMIC, Fang Zhuo paid close attention to the second storm between the two companies the day after meeting Wang Xing. Therefore, he read the report of Yike Investment after the investment subject was finalized.

The report included investment plans, AB shares, industry conditions, Penguin trends, Sina plans, etc.

"Well, Penguin really attaches great importance to it. Two of the Five Tigers have appeared, and that Xu Chenye is a close friend of Pony. I met Zeng Liqing once in Beijing before, and I had a good impression of him. He is tall and strong, eloquent, and I heard that he is also decisive."

Fang Zhuo flipped through the report and saw the name "Zeng Liqing".

Before this, Zeng Liqing served as the Chief Operating Officer COO. This time, because of the development of the social network business, he took on the responsibility of a new business group, which meant that he was very important.

He had heard some jokes about this person, because Ma Huateng had a slightly calm personality and Zeng Liqing was more mature. When Penguin just started to go out to discuss business, Zeng Liqing was often regarded as the big boss, and Ma Huateng was regarded as Zeng Liqing's secretary.

Secretary Liu Zonghong in the office listened to Mr. Fang's mumbling without saying anything.

"The enemy's general is one of the Five Tigers, who is the one from Sina?" Fang Zhuo continued to browse the report and asked slightly.

Liu Zonghong knew that Mr. Fang had not seen the back yet, and replied: "Mr. Wang transferred Wang Gaofei, the deputy general manager of Sina Wireless, and said that he has taken the team to Xiaonei.com."

Fang Zhuo was stunned at first, then smiled, it was Wang Gaofei.

The enemy's Five Tigers, our Clamp.

Can this match up?

Let's try it first, Wang Gaofei's performance in Sina Wireless is indeed outstanding.

Fang Zhuo smiled and finished reading the rest of the report, thinking for a while, Xiaonei.com now wants to develop college groups, and according to Wang Xing's idea, the second group he is targeting is office white-collar workers.

Speaking of which, isn't this social network with office white-collar workers as the main body Kaixin.com?

Xiaonei.com + Kaixin.com, and then upgrade to a national social network. This route looks good. The problem is that Penguin can completely adopt a follow-up strategy. I will do the same as you do.

Although it is a bit rogue, it is very effective from a business strategy perspective.

Fang Zhuo put down the report and shook his head.

Liu Zonghong didn't know why Mr. Fang shook his head. Seeing him raise his cup to drink tea, he took the opportunity to report the public opinion situation.

Because Penguin and Yike have successively exited the social network, the mainstream media is still waiting and watching. Financial media as well as Sina, NetEase, Sohu, and Zhihu are all discussing this duel with great momentum.

There is no lack of hype about the grievances between the bosses of both sides.

Do Ma Huateng and Fang Zhuo have grievances?

Whether you actually have or not, you should have it in your writing.

Besides, even if you didn't have it before, don't you have it after this time?

Fang Zhuo smiled and listened for a while. Just when he was about to make a comment, he saw a call from Ma Huateng on his mobile phone.

He was a little surprised. He didn't expect this person to call.

"Mr. Fang, I saw the news. You guys are also going to build a social network?" Ma Huateng said cheerfully and straightforwardly.

Fang Zhuo had an idea and said, "Yes, I saw that Facebook is developing rapidly abroad. I think we can build something similar in China. I happened to see the campus network created by Wang Xing and I think it's pretty good."

Ma Huateng smiled and said, "Mr. Fang, to be honest, I saw you talking about the development of social networks before and I think it makes sense. We discussed it for a long time inside the company and thought that this direction has great potential. After some research, we had QQ Alumni."

Fang Zhuo was shocked. So this giant's entry is related to him?

After being shocked, he complained, "Pony, you are really honest... Let's forget about your Penguin Paipai.com's micro-innovation on Taobao, but now you can actually do something with my ideas?"

"When three people walk together, there must be one who can be my teacher. I will choose the good one and follow him." Ma Huateng said so.

Fang Zhuo sighed, "We need to change the bad ones. You have wielded the traffic weapon too widely. You need to give your brothers a chance to eat."

Ma Huateng said, "The market is huge. Penguin will definitely not be able to eat up all the market."

He added, "I see some media are writing nonsense now. I think we still need to talk to Mr. Fang. The social network business is closely related to our instant messaging. Both I and other executives think that Penguin needs to pay great attention to it."

Fang Zhuo asked, "So what?"

Ma Huateng didn't say what he meant.

Fang Zhuo pointed out: "Pony, the fight hasn't even started yet, you don't want to persuade them to surrender, do you?"

Ma Huateng denied: "That's not what I meant. I just think that there is a good space for cooperation between Penguin and Yike. There is no need for any rifts to arise due to such business competition. Healthy market competition can also promote better development for both parties. Mr. Fang, don't you think so?"

Fang Zhuo heard this and said sympathetically: "Pony, I am still very touched that you can call me. Of course, I don't have any grudges in my heart. As you said, healthy competition is good. Can I blame you?"

He paused and continued: "Pony, we are the same people. I understand. If it were you, even if I had a business conflict with Penguin tomorrow, you would definitely understand. This is how the market works."

Ma Huateng nodded slightly. Mr. Fang has a broad mind.

"This social network is also an attempt. Everyone should compete for it. Don't worry about it." Fang Zhuo smiled again.

"Mr. Fang, let's make progress together." Ma Huateng said so.

Fang Zhuo ended the call, held the phone for a moment, and said to the secretary: "Go to Beijing the day after tomorrow. Tell Mr. Wang that I want to hear the work report on blogs. Also, let Zhang Xiaolong, who is in charge of the email business, attend the meeting."

Liu Zonghong agreed, but he was a little surprised about the emergence of the email business.

Fang Zhuo thought for a moment and turned his thoughts to the progress of Yike's mobile phones. He had to go to the United States to inspect the progress in person.

Together, we must make progress. Time is running out.

Two days later, Fang Zhuo flew to Beijing with Wang Fengyi.

He visited the campus network before going to Sina.

When Fang Zhuo walked into the president's office of the campus network, he looked around in surprise and laughed out loud. This place was very similar to his office in Henglong 23.

Wang Xing, who was accompanying him, blushed with laughter. This office was built after he went to Hang Lung 23, but he didn't expect that there would be a day when he would welcome Mr. Fang...

"Not bad, it's just missing a piece of calligraphy." Wang Fengyi also found it interesting. He found that this office was different from Hang Lung 23 and suggested, "Mr. Fang, since you are here, you should leave a piece of calligraphy."

Wang Xing quickly agreed.

Fang Zhuo thought about it and agreed.

Soon, four words were written in one stroke.

It must be said that Mr. Fang's calligraphy is still very skillful, strong and powerful, calm and refreshing.

However, these four words are somewhat straightforward.

But Wang Xing liked it more and more.

When Mr. Fang and his group left, he immediately had it framed and hung it on the wall at night.

From then on, as soon as he entered the president's office of the campus network, he could see four bright big words.

——Just do penguin.