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Chapter 319 Please keep your eyes open

"Don't worry, Ruixiang, and Penguin will definitely support you to the end. And Qiandu..."

Liu Chengcheng interrupted, "Forget it about Qiandu! Senior Brother Wang Xiao resigned from Qiandu in 10 years. Qiandu only belongs to your senior brother."

Zhang Yida laughed. Senior Brother Robin Li was indeed criticized for his strong desire for control. After 2010, none of the Seven Musketeers who started the business with him left.

Wang Xiao stayed the longest, staying for a full ten years. Several other swordsmen left around 2005, just before Qiandu went on the market.

"Mr. Wang is still very visionary. In 2000, he joined Qiandu to catch up with the Internet. In 2010, he founded Jiuhe Venture Capital to focus on mobile Internet investment.

These two steps are all on the edge of the wind."

Liu Chengcheng nodded, this is true, Senior Brother Wang Xiao does have good vision.

From the fact that he originally invested 1 million angel investments in himself when he was still in his senior year of college, we can see that this senior brother is very knowledgeable.

"Let's not talk about this anymore. You already own 10 unicorns. You have many ideas. Please give me some advice."

Zhang Yida smiled and said: "Why did Ahli sue you? It shows that your article really touched their sore spot.

Think about it, what is your article mainly talking about about Ahri?"

"Domineering? Arrogant? Industry disruptor?" Liu Chengcheng asked tentatively.

"Yes," Zhang Yida nodded, "from Koubei.com, to China Wanwang, to Tiantian Tingting, Wandoujia, Youku Tudou...

Are there many examples of people being acquired by Ahri and then playing a good hand to pieces?

Ahri's investment ideas are very domineering. Except for his own direct descendants, the companies invested in outside are just pawns to Ahri.

Ahri doesn't care about the development of the product itself. He takes it and changes it according to his own ideas, and then uses it to set up his own game.

The controlled and acquired companies were either crushed and digested beyond recognition, or else they were ignored and ignored.

Of course, the founder of the company was also squeezed out and eventually eliminated.

One conclusion can be drawn from the above: Ali lacks due care and respect for the founding teams of the acquired companies. It is pure utilitarianism!"

"That's true. Compared to Penguin, Ahri is too domineering. Penguin values ​​win-win, while Ahri just wants to annex you."

Zhang Yida glanced at Liu Chengcheng and said to himself, "You just know this? You have to thank me. If it weren't for me, I'm afraid you would have followed the same path as in your previous life!"

In your previous life, you became the youngest chairman of a Nasdaq-listed company at the age of 30!

But so what? Leech Financial Services Group is the largest shareholder of your company.

If your company hadn't been too small and your job was in the media, Leech Financial Services might have taken the bait long ago and allowed you to go public independently? I'll give it to you in the next life!

"Ali once said directly: We never make financial investments.

The implication is to tell those companies that have been invested and acquired into the Ahri system: If you join Ahri, you must serve our long-term strategic goals of Ahri. People who are born as Ahri will be Ahri's ghosts in death!"

Liu Chengcheng laughed directly, "Why does this feel like brainwashing?"

"That's not true. You'll know if you stay in Ali for a while. The corporate culture can be played by them in all kinds of tricks."

Liu Chengcheng shook his head and said: "I won't go even if you kill me. It's a shame that I still admired Jack Ma before!"

"His strategies are extremely beneficial to Ahri, but they are not very friendly to the acquired companies."

Zhang Yida added: "Did you know that Huang Xin and Ah Li had a fight last year?"

"Boss, I'd like to hear the details!"

“Ali had been supporting Magnesium Group before last year, while Penguin was on the side of Dianping…

Ahli is too domineering and often gives sway over the work of Magnesium Tuan...

Huang Xin is also a person with a strong desire for control, so he simply introduced Penguin and merged it with Dianping.

Last year, Ahri liquidated all its shares in Magnesium Group and relaunched Koubei.com. Are you hungry for investment? It has completely turned against Magnesium Group."

Liu Chengcheng listened with great concentration. Many of the details Zhang Yida described were beyond the reach of outsiders like them.

Especially how Magnesium Tuan and Ah Li turned against each other, and how Ah Li applied eye drops to Magnesium Tuan, it was like a business war drama.

"These are all things Huang Xin told me in private while drinking with me. In China, there are not many people in the industry who dare to criticize Ali Baba publicly. Apart from Dong Ge, Huang Xin is the only one.

Maybe, I will be added in the future.

Pony is too low-key, and not as strong as Jack Ma. Otherwise, Jack Ma would have robbed him of the limelight and considered himself a business leader, and I am afraid he would have started a quarrel long ago."

Liu Chengcheng finished listening to the story and asked again: "Now that Ahri is suing us, how should we respond?"

"Aren't I teaching you?" Zhang Yida continued: "Fight a lawsuit against them! What you wrote in your article all happened, so why are you afraid of them?

You can invite CEOs and founders who were acquired by Ali and then pushed out to do an exclusive interview and make an in-depth report.

Huang Xin, Brother Dong, let me see if you can get Pony to come forward and invite them both to participate in an exclusive interview.

From my side, I’ll just start the conversation and be your guest in the first interview!”

Liu Chengcheng's eyes lit up, this was a good opportunity to show his face!

Interviewing so many Internet CEOs and slapping Ahri directly in the face is irritating just thinking about it.

Then maybe 36 Krypton will become famous because of this incident and become an Internet celebrity media!

If you do this, I'm afraid Ahri will hate you to death!

But he didn't care about that much anymore. He had offended Ahri in the first place and was labeled as a sharp-directed person. Ahri must have treated them as enemies.



36Kr: Today we are honored to invite Mr. Zhang Yida as the first guest of our "Shadow of the Giants" column.

Zhang Yida: Hello, host!



36Kr: After hearing Mr. Zhang Yida’s entrepreneurial experience, we were very impressed that we have reached today’s heights in less than three years.

So I would like to ask Mr. Zhang, what is the biggest difficulty you encountered in starting a business?

Zhang Yida: The difficulties in business are not difficult. What I fear most is other means.

36Kr: What other means are you referring to?

Zhang Yida: For example, unfair competition, fabricating some random news, smearing your image and insulting your employees.

36Kr: What does Mr. Zhang think of the boundary issues of Internet companies?

Zhang Yida: I believe that the expansion boundaries of Internet companies should be based on technology and high efficiency, and I do not agree with blind expansion and acquisitions.

36Kr: Ruixiang also has industrial funds. What is its specific investment strategy?

Zhang Yida: Support start-up companies, obtain a small amount of equity, and accompany the development of the company as a "friend".

Oppose random holdings and acquisitions, especially indiscriminate acquisitions without operating capabilities, which will only harm many companies.

China's Internet should be diversified, rather than just a few companies excelling.

36Kr: The operation method of Ruixiang Industry Fund is very similar to Penguin?

Zhang Yida: Yes, we admire Penguin’s industrial investment method and sincerely help start-ups.



36Kr: Welcome Mr. Huang Xin, the second guest of "Shadow of the Giants".



36Kr: Mr. Huang Xin emerged from the "Hundred Group War" and became the undisputed king of group buying. What is the biggest entrepreneurial crisis that Magnesium Group has encountered?

Huang Xin: Shareholders and corporate culture. We once accidentally introduced a shareholder with "bad intentions" and almost lost control of the company.

Moreover, this shareholder arranged for many "brainwashed" employees, and these "brainwashed" employees were very dangerous and fanatical. The biggest worry at the time was that they would infect other employees of Magnesium Group.



36Kr: Welcome Mr. Liu Ruoxi, the guest of the third issue of "Shadow of the Giants".



36Kr: Mr. Liu Ruoxi, what do you think of the merchant “choose one” campaign launched by Taobao some time ago?

Liu Ruoxi: Choosing one of the two is not a sign of a company’s brilliance, it is actually a sign of incompetence! However, any shoddy competitive tactics will never win in the end!

36Kr: Everyone knows that Mr. Liu Ruoxi was admitted to the National People’s Congress from a rural area, and then step by step he got to where he is today. What is the biggest ridicule you have encountered in your life?

Liu Ruoxi: Someone once told reporters: Goudong will become a tragedy in the future. This tragedy is what I reminded everyone on the first day. It is not that I am better than him, but a matter of direction. There is no way.

Later, this person started to build his own logistics system. I don’t know if he still remembers what he said.

36Kr: Mr. Liu Ruoxi, what do you think is the most important thing as an entrepreneur?

Liu Ruoxi: It’s integrity! Some people claimed many years ago that they had 7 million sellers and created 10 million or 20 million jobs.

I'm embarrassed to say that I'm such a badass, and I feel really embarrassed if I do.

Because this is a liar! Everyone has been deceived!

Therefore, I hope that young entrepreneurs should keep their feet on the ground and not learn from some "liars".

In the past two years, the venture capital market has been booming, and incidents such as false reporting of financing amounts, financing fraud, and data falsification have emerged one after another.

So I think some old-timers should not instill these bad habits if they want to be business leaders and teachers.



36Kr: Welcome Mr. Huang Wei, the guest of the fourth issue of "Shadow of the Giants".



36 Krypton: Mr. Huang Wei has led Shunfeng Express to forge ahead over the past two decades and has won unanimous praise from users. What is your secret?

Huang Wei: There is no secret. We are the first in the industry to buy airplanes and the first to use drones for delivery.

36Kr: But I heard someone say, “Don’t think that building a drone is just for smart logistics”?

Huang Wei: Drones are indeed not the whole story of smart logistics, but some peers have gone too far and launched their own unmanned delivery robots.

To belittle your peers and elevate yourself is, in my opinion, very heartless and unscrupulous.



36Kr: Welcome Mr. Huang Xiaojie, the guest of the fifth issue of "Shadow of the Giants".



36Kr: Mr. Huang Xiaojie, although you have now joined Baofeng, as the former CEO of Tiantian Dongting, what do you think of the current situation of Tiantian Dongting?

Huang Xiaojie: I have nothing to say. I am very sorry for the hundreds of millions of loyal users. I hope I can develop better products in the future!

And we will not compromise with capital and protect a "small but beautiful" pure land.

36Kr: What do you want to say to contemporary entrepreneurs?

Huang Xiaojie: All gifts given by fate have already been marked in secret.

Whether you are looking for a partner or starting a business, you have to keep your eyes peeled!


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