Beijing.
Wang Xing was sitting in the new office that Xiaonei.com had just rented in early April, feeling quite contented.
The news from Sequoia Capital a few days ago made the entire Xiaonei.com team nervous for a while, but soon other venture capital ES from the United States followed suit, which undoubtedly once again verified the prospect value of Xiaonei.com.
Needless to say, Xiaonei.com was created by imitating Fae Book.
Therefore, when Huang Zhiquan, the vice president of ES, came to contact him and talked about the value of Fae Book in the United States, he said that its current valuation is at least US$1 billion...
Wang Xing sat in his office overlooking the capital city, planning the national campus plan of Xiaonei.com in his mind. He recalled the busy scene he saw at Hang Lung 23 that day, and he felt sincerely that "who is a real man but who is not a real man?"
At nine o'clock in the morning, Wang Xing held his first management meeting in the brand-new conference room.
His first sentence was: "Wang Huiwen said before that the conference room we rented was a bit too big. I told him that it was too small for me. Our school network is to be the number one campus platform in the country. How can this be achieved?
where."
The conference room was less than half full, and everyone was smiling. The development momentum of the campus network was indeed very good.
"Yesterday, I had a chat with Vice President Huang of ES. The preliminary plan is to raise US$1 million first. He is very supportive of our 'Thousand Gardens Plan', which will turn all universities across the country into a solid foundation for our website."
"With such a solid foundation, it will be difficult for our competitors to break in."
"Like that website that takes up seats, I've looked at their website in the past two days, and it's really average."
"I believe that more opponents like Zhanzuo.com will emerge. For these latecomers, we must give full play to the moat of our scale advantage."
The registered users of Xiaonei.com have exceeded 800,000. The maintenance of this number and the potential users it can contact are huge advantages for any latecomers.
The management, including founders such as Wang Xing and Wang Huiwen, have great confidence in this point.
The first meeting in the brand-new conference room lasted for a long time. Everyone recalled the past, discussed the current situation, and imagined the future.
In the end, it was Wang Xing who spoke again: "We strive to complete the financing process of ES before the 20th of this month. Everyone will work hard this year. We hope that by the end of the year, our number of users will exceed 10 million."
After the meeting ended, Wang Xing happily returned to his office and discussed the upcoming new page design with co-founder Wang Huiwen.
At 11:30 p.m., Wang Huiwen was about to leave the office and said casually: "Your office is not bad, it's decent. Let's change it later."
"This is carefully furnished. Let me tell you, sitting in an office like this is worth a lot of money." Wang Xing said with a smile.
Wang Huiwen was a little confused.
When there was only one person left in the office, Wang Xing walked around by himself, and suddenly felt that there was still something missing.
He thought about it and found that there were no words hanging on the wall. This was different from the Hang Lung 23 CEO office he had seen at the beginning of the month. Well, Mr. Fang’s life motto seemed not suitable for hanging. He had to choose carefully which four words to use.
words.
Wang Xing sat back in front of the computer and subconsciously opened Zhihu.
During the recent period, apart from his school website, the one he browsed the most was Zhihu.
He feels that the number of Zhihu users seems to be growing steadily, the problems are becoming more diverse, and the user industries are gradually covering all walks of life. The experiences shared by many others make people feel suddenly enlightened.
Wang Xing browsed the hot list and found a new question at the end.
What do you think about the retirement of Taiji founder Zhang Zhongtong and Cai Lixing as CEO?
Wang Xing was not interested in the semiconductor field such as Taiji. He was just about to continue browsing when he suddenly remembered the ice core created by Mr. Fang and went back to click on the answer.
"Cai Lixing is a veteran of Taiwan Journal. When he joined Taiwan Journal, it had only been established for two years. He was also Zhang Zhongtou's designated successor."
"It is a natural thing for him to become the new head of Taiwan Journal."
"Taiji currently holds 52% of the global wafer foundry market, and can be considered a dominant player."
"But it is not without challenges. In the high-end foundry field, there are three major competitors: IBM, UMC, and Toshiba. The mid-to-low-end market is faced with the encirclement of manufacturers such as SMIC, Eastern, Hynix, and Ice Core."
"In particular, IBM took away the order from an old customer, female IDIA, from Taiwanese journalists. SMIC successfully traded the market for technology and gradually moved towards high-end technology."
"In addition, the mainland market has great potential. Taiwanese reporters were a little slow due to various factors. Intel, IBM, NEC, Toshiba, Hitachi and other manufacturers have set up R&D bases in Shanghai and Pengcheng to lay out the Chinese market. Of course, in the end,
The one who benefits is SMIC.”
"Cai Lixing definitely won't be able to sit back and relax when he takes over. We still have to wait and see how he will perform when he actually gets the seal of command."
Wang Xing read with great interest an insider's popular science about the situation of Taiwanese journalists. When he scrolled down the page, he saw another answer full of worries.
"Cai Lixing will definitely take action in the face of competition from Taiwanese reporters, but looking at his opponents, Intel and IBM are both big companies, UMC is an old rival, in the east, Hynix is relatively less confrontational, and Bingxin has just started and is weak.
, here SMIC is both a threat and easy to deal with.”
"SMIC settled with Taiji last year. I heard that the settlement conditions were quite harsh."
"There are three things a new official should do when he takes office. The first thing Cai Lixing does is either internal or external."
"I work at Texas Instruments, and I heard rumors that Taiwan reporters may restart the lawsuit against Qixin."
Wang Xing frowned after reading this answer. Although he didn't understand the dispute between SMIC and Taiji, his inclination was very clear.
However, although the analysis made by this person who introduced himself as a TI engineer has some truth to it, it must be viewed dialectically, and it may be unfounded.
He was just about to continue reading other answers, but suddenly found that after refreshing, he could no longer find this question.
Huh? What's going on?
Just when Wang Xing felt strange, Wang Huiwen came downstairs and came back with a solemn expression.
"Wang Xing, just now Penguin.com published an interview with their vice president. He believes that the social direction based on college students is very valuable and will be a direction for Penguin."
Wang Xing was taken aback. This statement couldn't be more clear. It's based on the fact that college students are still socializing. Isn't it our school network?
He quickly opened Penguin.com and soon saw the report Wang Huiwen mentioned.
The content is not short. It mainly talks about the value Penguin wants to bring to users, and in the middle it mentions the social networking of college students.
Looking at this tone, Penguin's intention to enter the competition is obvious.
This competitor is different from Zhanzuo.com.
Even if Zhanzuo gets investment from Sequoia, it will still have to start from scratch.
But if you change it to Penguin, it is probably not the moat that Xiaonei Network has the advantage of scale, but the real-time software that has undoubtedly the largest user base in the country to quickly seize the college student population.
Wang Xing felt his mouth was dry, and after being stunned for a while, he said: "I will contact Mr. Huang first and get the financing for ES!"
When Wang Huiwen heard this, she felt like she was waking up from a dream, and nodded repeatedly: "Yes, take the money first."
Wang Xing took out his mobile phone and called Huang Zhiquan, the vice president of ES. He talked about the financing of the school network with a smile as usual and wanted to meet in the afternoon to discuss how to implement it.
However, Huang Zhiquan, who was very eager to meet yesterday, said slowly: "Mr. Wang, we still have to investigate this matter, don't worry."
Wang Xingqiang calmed down: "Didn't we basically reach an agreement? Is there anything else to investigate? If we get the funds early, we will also start the 'Thousand Gardens Plan' early. The seat-occupancy network is online, so we have to deploy our troops quickly."
Huang Zhiquan only answered: "We need to investigate whether Penguin plans to make something similar."
Wang Xing's ominous premonition was verified, and the investors' information was indeed more sensitive.
He asked: "Penguin is going to do it too? Really? If it is going to do it, won't ES vote for it? Mr. Huang, in order to cooperate with ES, I promised you an exclusive period for other people who want to vote for our school network.
We haven’t contacted each other again, what do you mean by saying that now?”
Because ES was willing not to take so many shares when contacted, Wang Xing agreed to the other party's exclusivity period. Otherwise, he might have gotten the money by now by talking to other venture capital investors.
Huang Zhiquan said directly: "Well, Mr. Wang, there is no need to exclude people now. You ask other companies, and I will also ask other companies to verify whether the verification information is accurate. If it is really the penguins entering, Mr. Wang, it is you.
It's me, can you still pay at this time? I also have to be responsible for ES."
Wang Xing was speechless.
Huang Zhiquan on the other end waited for a few seconds and saw no movement, then quietly hung up the phone.
Wang Xing gently hammered the table with his right hand and took a deep breath: "ES doesn't want to invest, it's okay. I'll get the money from my family. Our school network will have more than one million users within a month. These are the people we are competing against."
The biggest reliance of giants."
Wang Huiwen opened her mouth, but when she saw the determination on Wang Xing's face, she suppressed her words again.
He suddenly remembered the excitement he had watched online last month.
How about going to Shanghai again and having three drinks with Mr. Fang?
This chapter has been completed!