Section 74 Friends of China's Internet Industry (Part 1)
When the market values of Tencent and Alibaba exceeded US$300 billion respectively, and the two entrepreneurial CEOs dominated the Chinese economic and Internet circles, they all had a common habit. Only those who were very close to them knew it. Whenever
When they receive a call from the CEO of a company whose market capitalization is only a fraction of their own, they always smile. Whenever they meet the CEO, they always go out to greet him regardless of their status, and they will definitely spend a lot of time chatting with each other.
There is no way to get drunk. Even Mr. Ma of Tencent, who claims to be inebriated after a thousand cups, will definitely get drunk.
This person is Wang Bin, the CEO of China North Paper Group, which dominates northern China and radiates to Northeast Asia. He is known as the king of China's paper industry.
It originated in the summer of 1999.
When Wang Ai was instructed to establish the Beyond Internet Investment Company in Haidian District, Beijing, along with the developed communication channels in Zhongguancun, the Internet circles across the country heard about it. This Internet investment company was the first in China.
Although China's Internet industry is only two years behind that of Silicon Valley in the United States, the general public, especially the capital class, lacks understanding of the Internet. Therefore, it is difficult for Chinese Internet companies in the initial stage to obtain investment domestically, and eventually have to seek investors from the United States and Japan.
.No matter how much the Chinese companies that initially refused to invest may beat their chests in the future, it will not help. The massive profits created by a large number of Chinese netizens have been taken away in vain by foreigners.
However, all this changed with Wang Ai's guidance. The well-funded Beyond Internet Investment Company, relying on high-end Internet cafes throughout Liaoning Province, has an available capital flow that can reach as much as 400 million per year. In the second year,
Ten years later, this would be nothing at all. A bicycle rental business that was touted as one of the four new great inventions could raise 2 billion. But in 1999, when the Internet industry was founded, this was already an astronomical figure. You must know that in 1999
Beijing's Zhongguancun Park plan had just been launched in 2008. Tencent, which was forced by funds and had no other options, even sold QQ for 1 million yuan! Also in 1999, Jack Ma, who had encountered countless obstacles in Beijing, sadly returned to Hangzhou and found 17 different places.
The convinced friends started Alibaba's great journey in an apartment building with two bedrooms and two living rooms.
Wang Ai specially spent three nights talking and communicating with Wang Bin, and gave Wang Bin an in-depth analysis of the future of Internet enterprise development, revealing the bright prospects of Internet development. Wang Ai took Tencent as an example, where text messages cost 50 cents and phone calls cost 1 cent.
At the price of one minute, the advantages of a free Internet instant messaging software are extremely huge. You only need to spend a few yuan on the Internet fee to make unlimited calls to friends around the world. Taking Alibaba as an example, in
After opening up the channel between merchants and consumers, the huge profits that originally belonged to the intermediate links will turn into extremely low prices for the goods. Through the full display of the Internet and the distribution of logistics companies in various places, it is truly possible to achieve what Chinese merchants have been doing for thousands of years.
The ultimate dream: business is prosperous all over the world, and wealth is abundant as far as Sanjiang!
In August 1999, Wang Bin personally made a phone call to Shenzhen and Hangzhou on behalf of Beyond Internet Investment Company. These days, there were no telecommunications frauds as rampant as later generations, so the two Mr. Ma were very excited after receiving the call. Because the other party signed up
It’s Wang Bin, CEO of China North Paper Group!
This name has become too loud in the past year. The Beijing-Tianjin battle for toilet paper has been covered in newspapers. The two Mr. Ma, who pay great attention to economic news in order to seek investment, are familiar with the name Wang Bin and have even visited him to seek help.
Unfortunately, Wang Bin dived too deep into the idea of investment. The two Mr. Ma had just started on the road at this time and could not get along with Wang Bin. Therefore, the two Mr. Ma couldn't hide their joy after receiving Wang Bin's call. Even though they were short of money, they still gritted their teeth.
After squeezing out the funds, I took a plane to Beijing the next day. There was no other way. The bosses of such a large company as Norinco must be very busy, and there would not be much time to see them.
Wang Ai specially took time to attend this meeting. Wang Ai certainly did not want to miss the opportunity to witness this important meeting that would definitely change the process of China's Internet industry and be recorded in the history of China's Internet development. Of course, Wang Ai did not speak out, but
Even so, Wang Ai felt honored to serve as a waiter as Wang Bin's son, the young champion, and a philosophy student of the Renmin University of China.
Both Mr. Ma brought some team members with them, but when they arrived at the meeting place of the Jingxi Hotel: the presidential suite on the top floor, their respective team members were a little exhausted. In the end, the two Mr. Ma, Wang Bin and his son held the meeting.
This crucial meeting.
The two Mr. Ma were a little surprised by each other's arrival, but they didn't have time to introduce each other, so they entered the room together under the welcome of Wang Bin. Their team members were arranged in two lounges respectively, and were also arranged in the Jingxi Hotel
They received rooms for accommodation and the arrangements were very thoughtful. Although Wang Bin did not have time to communicate with them in detail, Wang Aike knew that these people who are now inconspicuous will all be influential figures on the Chinese Internet in the future.
This year, the 35-year-old Jack Ma is more free and easy, talking endlessly about the development prospects of enterprises and the Internet. This year, the 28-year-old Ma Huateng still has the shyness unique to engineering men. He doesn't talk much, but is very calm.
After Wang Bin listened carefully to the two Mr. Ma's opinions on the investment value of the company's development, he asked Wang Ai to pour them two cups of tea. The two also wanted to take it easy, so they smiled and chatted with Wang Ai. When they heard that it was
Last year's top scorer in the National College Entrance Examination, the youngest top scorer, was also amazed, and I also felt that I was very proud! I don't know how many influential figures there are in China every year, but there are only two top scorers in the National College Entrance Examination every year, especially Wang Ai, who is the youngest.
For the first time, he defeated the top scorer in liberal arts in the same year, and served him tea in person, feeling like a junior.
After chatting for a while, Wang Bin said: "What the two Mr. Ma just said was very exciting and helped me see the future more clearly. Both of them know that I am in the manufacturing industry and do not understand the Internet, but I have a deep understanding of the enterprise."
A little perspective on development. From my point of view, the Internet will not produce any physical products, but it can better allocate resources for society with its huge information advantages. Now is the eve of the development of China's Internet.
I realize the huge development prospects of the Internet due to its huge role in promoting life and economic development. At the same time, I also think that the two President Ma themselves have investment value. Therefore, we decided to inject capital into their enterprises. I don’t know how much capital you need?”
The two President Ma looked at each other. As usual, Ma Yun spoke first and said with a smile: "President Wang, I am Han Xin's order."
Wang Bin smiled and looked at Ma Huateng.
Ma Huateng hesitated for a moment and said tentatively: "I think five million is enough."
Wang Bin was silent for a moment, smiled and shook his head: "Five million? It's not enough. Apple received a loan of US$300,000 in the 1970s. Microsoft achieved sales of US$100 million in the 1980s. Now it seems like
In the new century, five million yuan is equivalent to about 600,000 U.S. dollars. This will promote the development of your enterprise too little and too slowly. The development of the Internet on the other side of the ocean is changing with each passing day. It is still a long night here, and time waits for no one.
ah."
The two President Ma were silent for a while. If they could get investment from Chinese companies, why would they ask for help from foreigners?
"Thirty million yuan!" Wang Bin said: "In the first batch of investments, I will invest 30 million yuan in each of the two companies."
Ma Yun stood up immediately, walked over and held Wang Bin's hand. Years of sadness made Ma Yun full of emotion: "Mr. Wang, is this true? Oh, I'm sorry, I'm rude. Thank you very much. Thank you for trusting us!"
Ma Huateng adjusted his glasses to hide his inner excitement.
Wang Bin stood up and poured tea for the two of them personally: "You two, I haven't finished speaking yet. If your company reaches its predetermined goals within the time limit, I will continue to invest in you. My plan is to invest in you in the next three years.
I will inject RMB 500 million into each of your two companies."
