Cheng Yizhou on the other side of the phone was a little unhappy when he heard the other party's reply and was actually rejected.
After a moment, Cheng Yizhou responded, smiling and provocatively saying with a hint of threat: "Young man, if you don't agree to this acquisition, then I will have no choice but to throw the money into the market and give it to you.
If you use competitors such as Fanfou and Jiwai to promote it, then it won’t be up to you.”
The implication is, young people, don’t be ignorant, I will look up to you if I pay for your website.
When Xu Jingren heard this, he didn't take his advice at all. The company's financing issues are under the control of the boss. Tens of millions will be in place soon. Are you afraid that you will spend the 18 million on your competitors?
"Mr. Cheng, please excuse me. Let's see you in the market. Goodbye." After Xu Jingren said that, he answered and hung up the phone. He did not give face, but also reflected the arrogant side of young people.
Xu Jingren’s strength is also based on his own confidence. The company’s financing problems are handled by the boss. He is not worried about lack of development funds. Weibo’s user growth momentum is gratifying and the prospects are broad. The other party’s plan to acquire Quantum Beating for 18 million is simply a fool’s errand.
After hanging up the phone with Cheng Yizhou, Xu Jingren immediately called Fang Hong. The boss must know about this.
At the same time, Cheng Yizhou was also caught off guard by the other party's action of directly hanging up the phone. He stared at the phone and snorted coldly: "I don't know the heights of the sky. The last person who was so tough on me was the Xiaonei network team. In the end, it's not a salesperson."
Give it to me? Since I don’t want to drink toast, I can only give you a fine drink!”
It is worth mentioning that the current founder of Fanfou.com is Wang Xing, the founder of Xiaonei.com, who is also the founder of Future Magnesium Group. At that time, Xiaonei.com gained 1 million users within three months of its launch. It can be said that
One ride to the end.
Then, the head of Qianxiang Group came smelling the smell.
In March 2006, Cheng Yizhou waved 10 million to find Wang Xing, the founder of Xiaonei.com, and proposed an acquisition intention. At that time, Cheng Yizhou's subsidiary was involved in the social networking site 5Q, competing with Xiaonei.com.
After proposing the acquisition, Wang Xing ignored Cheng Yizhou and refused to sell the school network, no matter how good the conditions were.
And Cheng Yizhou also used the same tactics as he threatened Xu Jingren. If he didn't sell, he would throw money at 5Q for promotion.
Wang Xing is also very stubborn and determined not to let go.
But in the end, they still failed to change their destiny. Wang Xing's team was not as lucky as Xu Jingren's team, and they had the support of hidden boss figures like Fang Hong.
With the surge in users of the school network, the existing servers can no longer support the huge user base, and the amount of funds is almost broken.
Wang Xing looked for investment institutions everywhere like a headless fly, but investors saw that his team only had 14 people, living in a residential building of more than 100 square meters, and they didn't look like they could achieve great things, so they all refused to invest.
If it weren't for Fang Hong, the Quantum Beat team would most likely have encountered the same fate as Wang Xing, and no investors would be willing to invest in them.
Wang Xing went around and around but failed to attract investment, and no one was willing to support them. However, Cheng Yizhou’s Qianxiang Group was behind Xiaonei.com’s competitor, 5Q.com, and Sequoia was behind another competitor, Zhanzuo.com.
Capital backing.
In the end, Wang Xing found that none of the investors supported him. Only Cheng Yizhou stood not far away with his hands open, waiting for them to throw themselves into their arms and surrender.
To make matters worse, as time went by, problems also occurred within Wang Xing's team.
It was unbearable to move forward without any investment and carrying a heavy debt burden. Some people wanted to sell and some didn't, and the team began to quarrel.
People's hearts are also noisy.
At this point, Wang Xing knew that the situation was over, and there was no point in persisting. In the end, because he had no money to increase servers and bandwidth, he could only sell the school network to Qianxiang Group with regret. In October 2006, Cheng Yizhou was satisfied with picking up this big network.
It was cheap, and the school network was acquired at a price of 16 million yuan.
Qianxiang Group has also received US$430 million in financing from SoftBank Group. It is currently overhauling the school network, merging it with 5Q Network, removing the old signboard, preparing to rename it "Renren" and promoting its listing plan.
Wang Xing, who sold Xiaonei.com, has now founded Fanfou.com, which is now considered a potential competitor of Weibo. Last year, Wang Xing founded the third social networking site Hainei.com after founding Fanfou.
.
…
On the other side, Fang Hong received a call from Xu Jingren.
"Boss, the CEO of Qianxiang Group just called me personally. He offered 18 million to acquire our company." Xu Jingren said on the phone: "I directly rebuffed him, and he also threatened me if I didn't agree.
Give this money to your competitor Fanfou."
Fang Hong couldn't help but laugh when he heard this: "Haha, you may not know that the founder of Fanfou has a feud with him. The year before last, he annexed Wang Xing's Xiaonei Network at a bargain price. I guess even if he wanted to invest money in Fanfou,
Wang Xing may not be jealous of him."
After all, Xiaonei.com has sold more than 10 million yuan, and Wang Xing is now not in a situation where he was completely unable to reveal the blame as he was when he founded Xiaonei.com. Moreover, with Xiaonei.com in front of him, investors in the VC industry know that Wang Xing can succeed and start a business again.
At that time, it would not be like the original school network that could not attract any investment.
However, Fang Hong went on to say: "Of course, there are no absolute enemies in the shopping mall, only absolute interests. Considering whether Weibo and Fan are in a competitive relationship, it is not ruled out that Wang Xing will accept Qianxiang's investment. You should also be careful about what you should be concerned about.
Don’t be a little white rabbit with too many ideas.”
"clear!"
Xu Jingren on the other side of the phone nodded, and then said: "Boss, is there no problem with the financing at the end of the year?"
Just now he arrogantly pushed back the leader of Qianxiang.
Fang Hong smiled and said with certainty: "Don't worry, if nothing unexpected happens, it will be next week."
This chapter is not over yet, please click on the next page to continue reading! Hearing what the boss said, Xu Jingren immediately felt relieved and quickly ended the call.
…
The next day, Wednesday, December 24th.
Today's A-share market continued to fall again. It gapped down at -1.25% at the opening, fell to -2.43% in the afternoon, and finally closed down -1.76%. The market index reached the lowest level of 1850 during the session, giving investors
I feel like I can't even hold on to 1800 points.
After three consecutive days of sharp decline, some pessimistic investors even thought that the 1664 point must be broken, and Big A must push back.
Fang Hong is still in a short position and is not planning to enter the market this week. If there is no good opportunity to intervene, then it is time to eat, drink, play and enjoy life.
Today is the Western holiday Christmas Eve.
It was late at night, and Fang Hong came out of the bathroom and wiped his hair with a towel.
Just entering the bedroom, Hexuan saw him coming in. She looked at him with watery eyes and said sweetly, "Tonight is Christmas Eve, I want Apple~~."
"What do you want?" Fang Hong tossed aside the towel in his hand and glanced at He Xuan. She was now cosplayed in a Christmas-themed elk costume and also wore a pair of cute antlers.
He Xuan also met his eyes, looking at him with watery eyes, and then said with a sweet smile: "I want Apple..."
Fang Hong said: "Do you want to get burned?"
Hexuan stroked the antlers on her head and said with a sweet smile: "On Christmas Eve, you must have Apple to be romantic..."
Fang Hong felt it was strange that there was such a part in the Western Festival, but seeing his little girlfriend eager for Apple and willing to satisfy her, He Xuan really liked Apple.
…
The next day, Thursday, December 25th.
Today's A-share market remained volatile in the red in early trading, and accelerated its dive in the afternoon, with the largest intraday drop of -1.65%. It rebounded in the last half hour, and finally the market closed down -0.61%, at 1852.42 points.
This week, the A-share market has experienced four consecutive declines. Before the market opened on Monday, investors were still discussing when it would break through 2100 points this week. Although the market has been hammered for four consecutive days, today they began to discuss that it will break through 1800 points tomorrow.
, breaking 1644.92 points next week.
Judging from the latest updates on Fang Hong’s K3478 Weibo account, new messages and comments are constantly wailing, which shows how painful it has been for stock investors this week, especially on Tuesday when the big negative line poured down and they were immediately stunned.
In the past two days, bargain hunters have also come one after another.
Many people have also seen Fang Hongfa's latest news indicating that investors who took short positions and took a rest immediately cleared their positions and ran away when the market opened on Monday to avoid disaster. Now they are also excited, and they were bored a day later.
Nowadays, the admiration for "K God" by these people who have escaped is like a surging river. Many fans are now waiting for when K God will open a position before entering the market. If K God does not enter, they will not participate.
…
(Ps: I’ve got 620 votes. I’ll continue to add more if I get 800 votes. Today is the last day for double monthly votes. Everyone, hurry up~~)
