When it comes to the Internet industry, most people think of the Big Three BAT, and other Internet companies are more or less related to these three giants.
But in fact, before these three giants, there was a person who was called an outstanding person in Internet entrepreneurship. This was Wang Xing, the founder of Meituan.
When it comes to Wang Xing, those who don’t know the history of the Internet, or the younger generation only know Meituan, and only a few circles and some old netizens know that before Meituan, Wang Xing created two well-known companies in the Internet industry.
Xiaonei.com, the dominant social networking site at this time, was created by Wang Xing and three other friends when he was in school, but was later sold to Thousand Oaks Group.
After Xiaonei.com, Wang Xing also created two websites, one is Fanfou.com and the other is Hainei.com.
Su Wang didn't know about Hainei.com, but Fanfou.com, when he was researching information for writing novels in his previous life, he had learned about this website in detail and knew how awesome this website was.
Fanfou.com is a mini version of a blog. Many people who don’t know the Internet may not know it, but when it comes to Weibo, everyone will know it.
Fanfou.com is the earliest Weibo website in China with a certain scale and influence.
If it hadn't been for an incident in 2009 that led to the closure of Fanfou.com, in Su Wang's view, the existence of Sina Weibo would have been a problem.
Therefore, when he later recognized the other person as Wang Xing, Su Wang was still a little shaken. This man in front of him was considered to be one of the first big names in the future Internet industry that he had come into contact with.
However, at this time, Wang Xing's focus was not on Fanfou.com, but on Hainei.com. Su Wang could tell this from the focus of Wang Xing's conversation at the dinner table.
"To be honest, if there were no Kaixin.com, Mr. Wang's overseas website would be our first choice investment target at Carlyle Investment Bank. We even reached a first-round investment agreement with Mr. Wang in the first month after Kaixin.com went online.
"
Wang Kaige's words made Chen Binghao and Su Wang look at each other. They had not noticed the news.
Chen Binghao has naturally paid attention to Hainei.com. After all, it is a website created by the founder of Xiaonei.com. Chen Binghao naturally does not dare to despise it. However, due to the suppression of Hainei.com by Thousand Oaks Group, the number of users of Hainei.com has not grown much.
Later, when the number of users of Kaixin.com exceeded 10 million, he no longer cared about Hainei.com.
"If Mr. Chen and Mr. Su did not have Kaixin.com, I would definitely want Mr. Wang's investment. After all, it was not my wish to sell the school network, but I just couldn't bear it and had no other choice."
Wang Xing had a wry smile on his face. Selling the school network was a helpless move for him because at that time the school network was developing very well. But precisely because of the good development trend, as the number of users increased, more servers were needed to support it.
The website was running, but he couldn't get the money at that time.
In addition, the company was founded by several people. Thousand Oaks Group offered a price of two million U.S. dollars, and two partners were moved. The company had to be sold if it was not for sale.
"Because I was unwilling to give in, I created Hainei.com. Everyone can see that I chose this name just to compete with Xiaonei.com. But because of the emergence of Kaixin.com, I have given up my heart to compete with Xiaonei.com, and even
Even Mr. Wang’s first round of investment was persuaded by me to withdraw it.”
Su Wang and Chen Binghao were a little surprised. Withdrawing Carlyle's investment would mean Wang Xing gave up on Hainei.com.
"You two must be confused, but in fact the reason why I did this is very simple. The current domestic Internet environment can accommodate two competing companies of the same category, but it absolutely cannot tolerate the third one, Xiaonei.com and the two companies.
Kaixin.com already accounts for 90% of social network users, and it won’t help if I disrupt the situation.”
Wang Xing is very calm, because he is telling the truth. If Hainei.com wants to compete with Xiaonei.com and Kaixin.com, it must have some kind of miraculous creativity like Kaixin.com. But since it is a miracle, how can it be possible?
Such an easy idea.
If you don't have great ideas, you can only rely on hard power to compete. Xiaonei.com has raised several billions, and Kaixin.com has at least 100 million in cash on account with the game "Farm". How can he compete with others?
compete.
Well, even if venture capital companies like Carlyle Bank are willing to invest money in him and spend billions on him, the price he has to pay will probably only be a small amount of the entire company's shares left in his hands.
Managing stocks is equivalent to working entirely for others.
And it's okay if he succeeds. If he fails, it will be difficult for him to get money from investment banks in the future, and no investment institutions will invest in him again, which will cut off his future development path.
It is precisely because of this consideration that Wang Xing made such a decision.
"It's really admirable that Mr. Wang can take it up and let it go. I wouldn't necessarily be able to make such a decision." Chen Binghao said sincerely.
"Actually, it is a helpless move. Now all my focus is on Fanfou."
Wang Xing smiled slightly, while Wang Kaige sat beside him and said nothing. Su Wang knew in his heart that Wang Xing's previous words were just a foreshadowing, and now is when the dinner really begins.
"I wonder what Mr. Chen and Mr. Su think of my Fanfou.com?"
"The creativity of Fanfou.com is very good. Compared with blogs, I think it is an innovation." Chen Binghao did not deliberately flatter, but just used "innovation" to describe it, because this kind of mini blog is currently not popular in the market.
Hearing Chen Binghao's answer, Wang Xing felt a little disappointed. If Chen Binghao didn't value his Fanfou.com, then it would be difficult to continue the conversation.
"The creativity of Fanfou.com is very good, and I also believe that Fanfou.com will lead the trend in the future. This kind of mini blog has huge potential market."
Su Wang spoke, but his slightly green voice made the other three people present have different expressions. Wang Kaige's expression was still very calm because the matter had nothing to do with him.
Chen Binghao was surprised. He and Su Wang were partners, so he knew Su Wang and knew that Su Wang was very talented, especially his extremely ruthless vision. Many of the development tracks of Kaixin.com to the present were proposed by Su Wang.
of.
Since Su Wang can say such words, it means that Fanfou.com really has great potential. Could it be that he was wrong?
"Mr. Su really thinks so?"
Wang Xing looked a little excited. He had already learned from Wang Kaige that Su Wang, the founder of Kaixin.com, had a large stake in Kaixin.com. He and Chen Binghao each held 50%.
I have a lot of say in Kaixin.com.
If Su Wang values his fanfouwang, then the following conversation will not be meaningless.
ps: No one guessed it, tsk tsk tsk, I wish everyone a happy Chinese Valentine's Day!