Chapter 229

President Lei's current relationship with Fang zhe can definitely be called the word "friends who forget their years". The two people get along very well in terms of personality, temper and interest.

Therefore, after Fang zhe proposed that Huizhong wanted to take a stake in YY, President Lei simply asked Fang zhe the reason for his investment and agreed to be Fang Zhe's lobbyist.

For the founder and senior management of a company, no outsider can be more persuasive than its own investors and shareholders.

As an early investor of YY, Mr. Lei provided a lot of help to the development and growth of YY, not only money, but also contacts, resources and so on.

Therefore, Li Xueling and other senior executives and shareholders of YY, persuaded by President Lei, finally agreed to Huizhong's request for shares, but it was not financing, but Huizhong, who received their transferred shares from other minority shareholders willing to withdraw at a premium higher than YY's current valuation.

Today, YY's market valuation is about US $120 million. Huizhong obtained 12% of the shares of happy gathering times company where YY is located at a premium of 50% from several minority shareholders of YY at a price of US $21 million.

After these minority shareholders quit, they probably got several times the original investment, and Fang Zhe, who knows YY's future potential, is also sure to make no loss. Therefore, both sides can be said to be happy.

And now, because Huizhong agent steam China has officially introduced the steam platform into China, the huge demand for voice chat of game players will make YY's future development only stronger and no worse than the previous life!

August was destined to be a busy month for Fang Zhe. After the investment in YY was completed, Fang zhe met a man in a cafe in Wudaokou, Wang Xiaoxing, who founded meituan in the future!

After Fang zhe walked into the cafe, he saw Wang Xiaoxing sitting in the corner and staring silently out of the window. His face was full of haggard and desolation. Fang zhe didn't have to guess. Last month, the meal founded by Wang Xiaoxing was closed!

Fanno, can be said to be the ancestor of China's microblog industry. It was introduced into China by Wang Xiaoxing following the example of twitter invested by Zhongying capital in the United States. It has been developing rapidly since it was launched in 2007.

Especially in the first half of this year, Fanno's user expansion rate has doubled. If it had not been blocked because of violating the red line, I'm afraid few people would doubt that there is a new star in the Internet industry, which has risen slowly!

Things make people. God closes a door for you and opens a window for you. If rice had not been shut down in previous lives, Wang Xiaoxing would not have founded the meituan that later dominated the o2o industry!

Fang zhe walked to Wang Xiaoxing in the corner. In his mind, he recalled some information about Wang Xiaoxing he knew in his previous life.

Wang Xiaoxing is a maverick legend in the Internet industry!

Unlike Ma Huateng, Ma Yun, Robin Li, these big guys, after deciding the direction of entrepreneurship, they have been steadily making the company bigger today. After 03 years of returning to business, Wang Xiaoxing has gone through waves. Until now, 09 years, 6 years have already started two or three times continuously.

"Hello!" Fang zhe walked over and interrupted Wang Xiaoxing, who was staring out of the window in a daze. He didn't continue to say, "I'm Fang zhe!"

Fang Zhe's meeting with Wang Xiaoxing this time was more personal. He just told Fu Xinming that he wanted to meet Wang Xiaoxing. Fu Xinming asked his friends to arrange a meeting between them.

The purpose of Fang Zhe to see Wang Xiaoxing is just to get to know him in advance and talk to each other.

Wang Xiaoxing was a character in the Internet industry in his previous life. His story and the past, two or three books and two movies are more than enough, not to mention his entrepreneurial ability. The industry has always joked that Wang Xiaoxing is a "professional entrepreneur". Others may be more and more discouraged if they fail to start a business two or three times, but he will be more and more motivated!

However, when Fang zhe saw Wang Xiaoxing's expression in front of him, it was obvious that he was exaggerating. At least now, his state has not been adjusted.

Wang Xiaoxing looked up at Fang zhe standing in front of him, and a flash of self mockery flashed under his heart. Ah, in front of him, this newly graduated college student who is one round younger than him can start a business successfully, and what about him? In the end, is my efforts not enough, or God is so eccentric and unfair!

Obviously, before meeting Fang Zhe, Wang Xiaoxing already knew about Fang Zhe's simple information. No one in their industry would meet a stranger who didn't know the details. Wang Xing also speculated about Fang Zhe's purpose of meeting him. He just wanted to attract himself or invest in himself. After every business failure these years, He always meets people like Fang Zhe.

"Hello, Wang Xiaoxing, please sit down!" Wang Xiaoxing made an invitation gesture. Fang zhe sat opposite him. The discerning waiter took a menu, ordered coffee for Fang Zhe and left.

Fang zhe looked at Wang Xiaoxing, who looked lonely, and asked bluntly, "is there any hope of opening?"

Wang Xiaoxing looked at him, remained silent for a moment, and said, "I don't hope much. Even if it reopens, I'm afraid it will take a long time. At that meeting, the cauliflower will be cold!"

Fang zhe understands Wang Xiaoxing's meaning. Looking at the development history of the Internet industry, few products have developed well, such as rice or not. Suddenly, they are shut down for external reasons. Even if there are, after reopening, it is difficult for these products to recover their past glory.

And now, the outside world has begun to rumor that sina Weibo, a product with a product model similar to Fanno, is about to start internal testing. The shutdown of Fanno will inevitably lead to a large number of users moving to the emerging Sina Weibo. When Fanno reopens, there will be nothing wrong with the industry!

The reasons involved in the closure of Fanno are more sensitive and complex. After the Olympic Games last year, the domestic political environment began to tighten, and the network censorship began to become strict. In particular, several vicious wounding events with very bad impact occurred in China this year. The network media, as the mouth of public opinion, was subject to strict censorship. In front of such a red line, Without rich operation experience and government resources, a start-up company is easy to collapse.

This is also the reason why Fang zhe has been reluctant to involve in the self media industry such as microblog at this stage. He is too worried about doing this. He can't guarantee that something will happen one day. Fang zhe has to get up in the middle of the night and call around. What's the picture? He's tired!

Fang Zhe and Wang Xiaoxing chatted casually. Wang Xiaoxing, who was depressed, also found a confidant who could make him spit it out with all his heart.

Wang Xiaoxing told Fang zhe about his entrepreneurial experience in his return to China over the years. He also recalled his smooth sailing and contented youth before starting his business. When he was young, he was a top student who escorted Huaqing. After graduation, he studied abroad in the United States. His father was a famous cement King in Fujian Province and a billionaire. He was a real rich second generation. Originally, his life could be said to be smooth, Natural and comfortable, but he had to choose to start his own business and start from scratch.

Wang Xiaoxing's experience reminds Fang Zhe of an online paragraph: if I don't work hard, I have to go back and inherit my father's hundreds of millions of assets!

Yes, he is such a rich second generation. Why bother? He just wants to prove himself and make his own career!

The two talked in the coffee shop all afternoon until the sun set and resolved a lot of depression. Wang Xiaoxing, who was in a good mood, said goodbye to Fang Zhe, a "confidant".

"Will you continue to start a business?" Fang zhe asked before leaving.

"Of course!" Wang Xiaoxing's reply was not easy, but very firm.

This afternoon, Fang zhe didn't say he wanted to attract Wang Xiaoxing, nor did he say he wanted to invest in him to fund his entrepreneurship. The two people just met and understood each other's values.

Fang zhe admired Wang Xiaoxing's values. From the fighting spirit that Wang Xiaoxing had regained when he left, this man is an immortal Xiaoqiang!

Fang zhe thought of a remark made by Wang Xiaoxing in his previous life on the Internet:

If I had been the monkey king who had not been subdued and did not know what to do a few years ago, today I have become a Tang monk with no 72 changes and only one persistent thought. Tang monk has no ability, and everyone thinks so. In the face of the 81 difficulties, he cried and begged, but never said "let's break up without learning the scriptures".

Maybe Wang Xiaoxing is destined to be a fish like churning waves in the long river of this era!