Chapter 613

It is not an easy job to read the twelve business plans and the corresponding analysis and evaluation reports.

The green light came in through the window. Zhang Ke stretched out and sat all night with a sour back. Du Fei said he wanted to help him read the data together. He fell asleep before he could stay in bed. The data slipped all over the floor.

Zhang Ke went over, picked up the materials on the floor, sorted them out and put them in the file box.

Although the twelve selected application materials have more or less minor problems, only from the data point of view, they are all projects worthy of support. Many factors outside the business plan are often very key, and Zhang Ke doesn't have enough time to investigate them one by one, He asked the team led by Zhao Zilin to contact as many applicants as possible - even if the applicants whose business plans are not so moving may have admirable charm in other aspects.

Therefore, Zhang Ke left the final decision to Chen Xinsheng and them - kicking the ball back.

When I turned on the computer, I saw the email sent by Tang Jing in the early morning. It was raining at midnight in Hong Kong. Tang Jing said that she couldn't sleep while listening to the ticking rain outside the window; But I don't know if the rain has stopped at this time.

Zhang Ke replied to Tang Jing's e-mail and didn't sleep for a moment. He browsed the news on Kunteng information. The computer can be connected to the campus network in the graduate apartment. In the early morning, the Internet speed is fast. In normal times, Zhang Ke is not in the mood to browse the news online slowly. He has been used to reading newspapers again in recent years.

When the youth apartment is completed, the optical fiber will be laid in the youth apartment, and the Internet speed will be improved. However, the Internet at this time can not be compared with that ten years later. In particular, the construction of domestic Internet has just started, and access to overseas websites is limited. In addition to browsing news, there is no place worth Zhang Ke's lingering.

The news timeliness of Kunteng online lags behind. This aspect needs to be strengthened, which means that more funds need to be invested to further increase the construction of Kunteng news center and carry out wider cooperation with traditional news media.

Ma Xiangdong is a man who can burn money. The 20 million invested by Jinhu in Kunteng at the beginning of the year will be exhausted in three or five months.

In early September, the public computer Internet realized interconnection with China Science and technology network, China Education and scientific research computer network and China Jinqiao information network. Since then, the domestic Internet has entered an unprecedented active period. Looking back on the history of domestic Internet development in the next decade, this period should be the first upsurge of domestic Internet under the promotion of European and American Internet upsurge after the exploration and development in the early stage of commercialization.

The so-called upsurge is just more cruel than burning money. At least before the real development of the Internet, there was no direct profit opportunity before 2000 and 2001. Most of the typical cases of website business failure were websites that lacked sufficient financial support and were eager to make profits.

Zhang Ke will not directly interfere with the specific operation of Kunteng, but Ma Xiangdong should adhere to the policy of portal website and free operation for individual users. As for the funds needed for operation, Zhang Ke will not invest in Kunteng online without restrictions. He has already clearly told Ma Xiangdong that it is time for them to beg from other investment institutions. At this time, overseas venture capital funds are the first to enter the domestic Internet industry - no overseas venture capital institutions join, Even if Zhang Ke ruthlessly invested $1.8 billion in Kunteng, he could not be successfully listed on NASDAQ.

If you can't go public, the Internet cold wave after 2001 will not be so easy to get through. The stable profit-making period of portal websites will stay after 2003. Zhang Ke doesn't want to have such a large sum of money set in Kunteng for a long time.

Before the domestic Internet was truly interconnected in September, overseas venture capital institutions were optimistic about the domestic market, the emerging market with a population of 1.3 billion and the rapidly developing economy - venture capital is not optimistic about these prospects, investment, and then package and publicize these prospects, and then package and buy them to ordinary investors in Europe and America.

Ma Xiangdong has also contacted overseas investors. In any case, after a year of vigorous development, Kunteng online is still in its embryonic form in domestic portals. Kunteng online's achievements are dazzling enough. In mid June, the average daily traffic suddenly reached one million people.

This is quite a remarkable figure in mid-1997.

Among the three major portals in the future, only the daily average traffic of Lifang online, the predecessor of sina, caught up with Kunteng online and exceeded one million traffic in late August. At that moment, Kunteng online had exceeded two million daily average traffic.

At present, Kunteng online and overseas investors have not reached an agreement on the share price and share of private placement.

Jinhu incorporated its investment in Kunteng into the venture capital fund.

The principle of venture capital fund is only to support technology-based and R & D enterprises in the start-up stage. Once these enterprises are on the right track of development and growth, venture capital fund will no longer continue to participate, but to seek the possibility of reasonable exit and withdraw funds to support more technology projects to commercialize.

At the beginning of the year, when Kunteng online was changed to a joint-stock limited company, Jinhu successively injected 25 million capital and held 8 million shares, and the founders such as Ma Xiangdong and Liang Wenjiang held 2 million shares. Zhang Ke hopes to issue five million additional shares at a price of no less than US $1 per share. If more than US $5 million can be raised this time, it will be enough to support the second additional issue until the middle of next year.

In addition to the twelve selected business plan applications, Zhang Ke also asked the staff of the venture capital center to type a directory of all applications to him. He glanced over it slightly, but there are many applications for website operation projects - those projects that really pay attention to are those that have demands on network technology. One of the twelve business plans is a project application for the development of network classified information search engine technology.

Zhang Ke noticed that there was an application for a word game project named biography of liehao of the Three Kingdoms in the list of eliminated directories. Zhang Ke remembered that the first word game he came into contact with was biography of the heroes of Jin Yong. At that time, a group of people knocked on the words in the window with great joy. Zhang Ke had no idea of contacting such word games at this time, He was curious about how this kind of game was made. He called Zhao Zilin and asked her to send the project information to Ma Hailong.

Zhang Ke had a good sleep in the morning and went to the grade office in the afternoon with the game development materials handed down by the Three Kingdoms liehao.

Because of various reasons, the number of freshmen who asked for leave and did not participate in military training suddenly increased by 12 the next day, but most of them were girls in the physiological cycle. Zhang Ke, Du Fei and Xie Zijia are responsible for writing posters in the activity room - there are few posters to write. After writing the posters, they are left to others to do. Zhang Ke pulls a chair and watches the game development materials handed down by the heroes of the Three Kingdoms at the window.

With the lag of domestic network construction, 2D online games that have emerged and gradually become popular in Japan, South Korea, Europe and the United States can not survive on the domestic Internet soil - don't complain about the network speed. The performance of most domestic computers is not even enough to support the hardware requirements of 2D games, In the next few years, Internet cafes using optical fiber to access the Internet and the rapid upgrading of computer hardware equipment will be rapidly popularized in large and medium-sized cities in China and cultivate a suitable soil.

The bleak profit prospects and the direction of technological development can not meet the main purpose of the Oak Park Plan, which is why Zhao Zilin was shot in the first batch of project applications of liehao biography of the Three Kingdoms.

Zhang Ke is well aware of the development of domestic online games. The success of online games largely depends on the success of operation and marketing. The excellent production of the game itself is not the most critical factor.

The profit prospect of word games is naturally bleak, and the concept of graphics is mentioned in the project data. Zhang Ke feels like the popular business strategy web games ten years later. In his previous life, Zhang Ke likes to play this kind of web games in the office.

Web games using flash technology as the game engine focus on leisure, which is popular line by line after 2D and 3D online games. However, Zhang Ke does not think that web games will appear later than 2D and 3D online games. Seriously consider that even if web games and 2D games appear at the same time, there is still more room for the survival and development of 2D online games under the background of the Internet from the 1990s to the early 2000s.

Zhang Ke is no longer interested in 2D online games and hesitates: would it be too extravagant to pay a sum of money to develop this game for himself?

Zhang Ke threw the development materials passed by the Three Kingdoms liehao to Du Fei: "look at this..."

"What?" Du Fei took it over and opened it on the title page, "eh, our school..."

"Ah?" Zhang Ke didn't take a closer look at the information of the project applicant. When he turned his head, he saw that the name of the project applicant was still familiar. He opened the description page of the final project applicant. It was really the group who constructed the Dongda BBS in the campus network. Du Fei had mixed in these two days.

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