Because of Su Yehao, the development speed of the Internet in mainland China is relatively faster in this generation.
Others don't let go of the eagle when they see the rabbit.
But he was different. He hadn't seen the rabbit yet, but he knew it would definitely appear, so he sent the hawk out in advance.
When there were only a few hundred thousand Internet users in the mainland, he started planning as early as 1997 and successively invested more than 300 million yuan.
This number may not seem like much. You can go to a local auction to get two pieces of residential land and it will be gone. However, the Internet in the Mainland is just in its infancy, and the money is already considerable. It is not a problem to support several Internet companies.
The valuation of Yinhai Network Group, which has been developed for many years, is currently only about 200 million yuan. Tat and tot occupy a very high market share and spend a lot of money on advertising. In Su Yehao's original words, this is called "
"Preheat".
Advertise in advance to let potential users know about his products. Once they actually come into contact with the Internet, they will not be unfamiliar with his company's products.
This kind of pre-heating activity has been started since last year. The investment in the advertising film is one of them. In addition, it has also gone deep into first- and second-tier cities and major schools to carry out publicity and promotion activities, allowing tat and tot to enter the school computer room for supply.
Students understand usage.
Once the money is spent, the results will definitely be there.
Some primary school students have just come into contact with the Internet. They probably don’t have computers at home and don’t have much opportunity to go online, but they first registered Tat’s instant chat account.
Although these accounts are definitely inactive, there is no telling which day they will become active accounts.
By spending money, all potential competitors are firmly pinned to the beach in one fell swoop, and they have a super high market share. This money is certainly well spent.
Tat's technology is of the same origin as TVT, which is about to be launched. Tot has also reached cooperation with Google, borrowing and utilizing some new algorithms and technologies to provide users with better services.
Nowadays, when surfing the Internet in the Mainland, the commonly used software is almost inseparable from Su Yehao's products.
It was under this situation that Jack Ma came up with the idea of entering the e-commerce trend in advance, and came to Silicon Valley to seek start-up funds. This former boss has little money now, and he can really start with a ppt, and the rest
It all relies on eloquence to deceive people.
The results can be imagined.
I have been wandering around the road where Koko Venture Capital is located for a few days. Using the gimmick of China's emerging markets, I met nearly 20 investors, large and small, but no one agreed to invest money in him. Instead, they regarded him as a liar.
treat.
Jack Ma is an ambitious person. Some time ago, he led a team to develop for others, but the more he worked, the more boring he became.
This time he spent a huge sum of money to buy a plane ticket to come to Silicon Valley, not without the intention of fighting against the odds. He had just resigned from his public position and returned to Lin'an with more than a dozen of his subordinates who were willing to follow him, giving his employees a holiday.
The reason why I came to Silicon Valley was because I was deceived by the hype outside. I thought that as long as my idea was good enough, I could get a start-up capital with my entrepreneurial ideas like other rumored successful people in Silicon Valley.
However, the fact is that no one paid attention to him after coming to Silicon Valley.
While he was staying in a small hotel, he unexpectedly received a call from the staff of Koko Venture Capital, asking him to rush to the company within half an hour to meet.
Jack Ma was so excited that he immediately changed his clothes and hurried downstairs. He even forgot to take the house key with him. He jogged all the way to the roadside and waved for a taxi.
Su Yehao's butterfly wings blew up a Category 10 hurricane in the mainland.
His existence didn't have a big impact on Silicon Valley, but it had a huge impact on Jack Ma and other big guys from the past.
Jack Ma's entrepreneurial trajectory has obviously gone awry. Before the company was even established, he came out with a ppt to yell. In his previous life, he was able to successfully obtain the first start-up capital, mainly because he found someone who was willing to give up hundreds of thousands of dollars.
The highly paid partners working with him know many American companies.
But this time, it really started with a mouthful, and the rest was all down to traps.
Jack Ma didn’t even have a local acquaintance this time, and he had neither connections nor connections. If he hadn’t been good at English, and he had been replaced by someone like Lei Busi, he probably wouldn’t have been able to find one anywhere in Silicon Valley...
That's the general background.
In the conference room of Koko Venture Capital, Su Yehao casually asked Mr. Ma to be found, and he continued to lie there comfortably with his legs crossed, having a meeting with the employees in front of him.
If Yanmoji Group hadn't been about to go public, he would have wanted to say that the market was too hot and that everyone would calm down and try to shrink their business in the next period of time. However, if such words were spread, he would definitely be asking for trouble.
So he listened to the employees' reports and talked about so-called hot projects.
He was just careless, making excuses and saying nothing, but used practical actions to express his position.
Unless he encounters a super hot project like Google, he really doesn't plan to invest more in other projects. At this point in time, more money is spent and less shares are held. Entrepreneurs are still very arrogant. There is a kind of "even if you don't give me money"
Money, others will rush to give it to you."
If you wait patiently and wait until the cold winter, you can save a lot of money.
It would be much more exciting to choose from good projects everywhere. That would be a good time for the koko venture capital team to play its role.
When Jack Horse comes.
No one informed Su Yehao because the secretary thought it was unnecessary.
Su Yehao thought he hadn't arrived yet, but after the meeting, he suddenly saw the young Mr. Ma from the rest area, and he immediately felt happy.
Mr. Ma is only in his thirties now. He has a three-quarter-length hairstyle and a baggy suit. He is already thin and looks a bit strange.
Saying hello to everyone around him, Su Yehao walked towards him, stretched out his hand from a distance, and said in Mandarin:
"Jack Ma, right? I've heard your name in the mainland before, but I didn't expect to meet you in Silicon Valley. I didn't treat you well and kept you waiting for a long time."
How could Jack Ma not know this influential figure Su Yehao?
I just felt that for such a big boss, not only was he not as sharp as other young people, but he had no airs, and I immediately felt a good impression.
He smiled and said to Su Yehao: "It's okay, I've just arrived. I've admired you for a long time. Mr. Su's business in Silicon Valley is really impressive. I've seen a lot of your companies in the past few days. His Mandarin is so good. I'm really sorry for delaying your meeting."
.”
"It just finished. My family often does business in the Mainland, so it is inevitable that I have to learn Mandarin. I am somewhat talented in the language."
After Su Yehao shook hands with him, they finished the simple courtesy and went to the office together.
Even though Su Yehao doesn't deal with much business, he has quite a few offices, from casinos to port cities to the mainland and Silicon Valley, they are everywhere, and they are all brand new.
Ask the assistant to make tea.
After sitting down, Su Yehao asked with a smile: "I have companies in both Pengcheng and Sijiucheng. Why did I come to Silicon Valley so far away? I just came back from New York today. If it weren't for good luck, I might not have been able to meet him."
Ma Yun was silent for a few seconds and said: "I have been there... but the negotiation failed. President Su has so many things to do, he will definitely not pay attention to such a trivial matter."
Accidentally uncovering scars.
Not only was Su Yehao not embarrassed, but he found it interesting. He laughed, skipped the topic, and continued to ask him:
"So what has Mr. Ma been busy with recently? When I went to Sijiucheng for dinner, I heard that you had experience in setting up websites in the commercial sector. Originally, I thought of contacting you when I had time to ask if you wanted to work for me.
Nowadays, those companies are not making any money. If they want to learn from Amazon and eBay and develop into e-commerce, they can probably invest one to two hundred million yuan in the initial stage."
"..."
When Jack Ma heard this, he was dumbfounded on the spot and said in surprise: "I have been busy with this recently. Could it have happened with your company's project?!"
"Huh? Are you trying this as well?"
Su Yehao pretended not to know, and then said: "I bought more than 100 million U.S. dollars of Amazon stock before, and the stock price has increased particularly well. I have started project evaluation since last year, and I am considering investing in e-commerce in the mainland. If Mr. Ma is interested, come and help.