Reinventing the Millennium

Chapter 601 There is no reward, only Quora (two in one)

Sometimes it's really hard for people to understand each other.

Fang Zhuo couldn't understand why Xiong Xiaoge urged himself to engage in Quora as if he had lost his mind.

Xiong Xiaoge also couldn't understand why such a number one figure in Huaxia Internet would not play on a popular website, but insisted on going to the fiercely competitive Red Sea.

"Because Mr. Xiong thinks that both the Android system and the Yike mobile phone have huge uncertainties. Investors certainly have the intention of picking a chestnut from the fire, but they should try to avoid risks as much as possible."

"You let him go against his professional instinct now, of course he is unwilling."

"Besides, IDG's budget is 100 million, right? How much will Mr. Xiong invest in Android?"

After watching Xiong Xiaoge's stalker for two days, Yu Hong expressed her impressions.

From her standpoint, of course, she is very supportive of Yike's mobile phone project, and the Android operating system is obviously an important part of it.

However, this premise is that Apple can come up with excellent products that can subvert the market. Otherwise, Echo's music player can still continue to survive in the form of Internet music.

But even if it can survive, it is far less moist than it is now, and it has to find ways to tie up the record company.

Yu Hong communicated her considerations with Mr. Fang, and got the latter's approval-the progress of the mobile phone project will not hinder the hoarding of music copyrights, and the record company can wait for a while.

The prospect of Sony Bertelsmann Music Company may not be so good. Regardless of Sony or Bertelsmann, once the music industry as a whole goes down, Yike, as a minority shareholder of the company, will most likely have good opportunities.

"No, the old bear's initial budget was not 100 million, but 50." Fang Zhuo frowned after listening to Xiao Yu's analysis, "I really didn't consider what you said, the old bear may be afraid of spending too much money ?”

Yu Hong nodded slightly: "If you really invested 100 million in Android, then you will vote, but now that there is an Internet project that sounds feasible, it is naturally..."

Fang Zhuo said regretfully: "I thought that with my friendship with Old Xiong, he should trust me more."

"What made you have such a wrong judgment?" Yu Hong teased, "A well-known investor always has his own judgment and persistence."

She laughed again: "Who can believe you like you said?"

silence.

silence.

Fang Zhuo drank half a cup of tea: "Actually, actually, there is still a small matter for this trip."

Yu Hong frowned and said, "Say."

"You know how many investment banks haven't sold all the stocks they hold?" Fang Zhuo said.

Yu Hong nodded. This is because the new player track created by Yike and Apple has shown a vigorous growth curve. The combined sales of the two companies last year were more than 400 million units, and this year they have to rush to at least 2000 million units.

If the growth rate is still maintained next year, Yike's stock price will have a very optimistic performance in the next two years.

"The funds for raising ice cores are coming to an end soon, and the funds for buying the Rockets are about the same. I am considering selling my stocks, but I am afraid that they will be stimulated by selling too much." Fang Zhuo said, " After all, our competitors are also very strong, and the company's future performance depends on the competitiveness of its products."

Yu Hong thought about it for a while, and couldn't help laughing: "It's not easy for you, the big boss, to leave the scene, for fear of causing a chain reaction, okay, the idea came to me? Why?"

She still holds a 3.18% stake in Yike, which has passed the lifting period long ago, and this part is worth about 2 million US dollars.

"It's just a discussion. If you don't want to, forget it. I'll think of other ways." Fang Zhuo said slowly.

He is the major shareholder of Yike, and the SEC US Securities Commission has relatively many regulations in this regard. It is required to submit regular financial statements and report in advance, and the shares that can be sold cannot exceed every three months. 1% of shares issued or average weekly trading volume over a four-week period.

Therefore, Fang Zhuo had to make plans early to avoid any unexpected impact.

"Where's Weiwei's shares?" Yu Hong glanced at it.

"I haven't told her yet," Fang Zhuo replied.

Yu Hong nodded: "OK."

Fang Zhuo explained: "After the turnover is smooth, you can absorb it from the stock market again. Apple's mobile phone project will definitely have an impact on our company."

Yu Hong still nodded: "OK."

"I'll calculate interest on this money for you, don't worry, it's all right." Fang Zhuo promised.

Yu Hong still nodded: "OK."

Fang Zhuo didn't know how to answer the conversation for a while, Xiao Yu was too straightforward.

At this time, there was a knock on the door of the office, and Xiong Xiaoge came to lobby again.

Yu Hong smiled at Xiong Xiaoge who walked in, and said, "There will always be someone who trusts you. Since Mr. Xiong doesn't believe it, then I will."

Xiong Xiaoge was shocked: "How could I not trust Mr. Fang? If I didn't trust him, could I come to the United States with him? It's not that our country is not busy!"

Fang Zhuo was in a complicated mood, and sighed, "Since you trust me, you can just lend me 2 million yuan, just to cross the bridge."

Xiong Xiaoge said without hesitation: "Yes, the interest rate can be discounted. It will take time. I will help you find the money."

Both Fang Zhuo and Yu Hong were shocked by these words, is Old Xiong/Boss Xiong really crazy?

Xiong Xiaoge smiled and said, "I don't dare to vote you 200 million, because with such a small amount of money, you may lose it to me without blinking an eye, but if it is 2 million, you will definitely pay it back." .”

Yu Hong said sincerely: "Xiong always has great wisdom."

Xiong Xiaoge asked cheerfully, "Boss Fang, do you really want it?"

Fang Zhuo asked back: "Old Xiong, are you really giving it?"

Xiong Xiaoge spread his hands: "Do you want it?"

Fang Zhuo rolled his eyes: "What are you doing here?"

"The money giver!" Xiong Xiaoge said righteously, "IDG America, Citigroup, and Wells Fargo can all vote on your Quora. I talked to my friends and everyone is interested in your Quora. It’s not a problem to raise $500 million, it’s enough to get started.”

$500 million to do Quora isn't enough to start, that's more than enough.

Fang Zhuo: "..."

Since the old bear is so enthusiastic, especially considering that he can say this to help find money to cross the bridge, it is not easy, really not easy.

Nothing to repay, nothing to repay.

I can only reluctantly agree to send him a Quora.

Fang Zhuo let go: "Old Xiong, I personally think it would be more interesting to set up a question-and-answer community like this, but in terms of profitability, I'm afraid I'll have to try more, and I can't promise you indicators such as listing, it's a new one. stuff, you understand?"

Xiong Xiaoge didn't flinch from Mr. Fang's disclaimer, and said solemnly, "Of course I understand."

"How did the three of you distribute the investment?" Fang Zhuo asked again.

"IDG Huaxia 100, IDG America 100, Citigroup and Fuguo 150 each." Xiong Xiaoge said.

Fang Zhuo nodded without blinking and said, "IDG200, two 150, what about Android? What do you think now?"

In the past two days, Xiong Xiaoge was not only busy listening to his peers' thoughts on Quora, but also conducted further research on the prospects of Android companies and mobile phone systems, and finally came to a conclusion.

He said firmly: "Mr. Fang, you also know that I am the president of IDG Huaxia, and this is the United States after all. I crossed the border and invested in a project that I don't think I am very optimistic about..."

Fang Zhuo sighed, "That's all, that's all, old Xiong, there is one last condition."

Xiong Xiaoge said solemnly: "Boss Fang, tell me."

"The first question that Quora established is for you to answer, so that everyone can understand the judgment and thinking of an excellent investor. The question is-what correct decisions have an excellent investor made?" Fang Zhuo said.

Xiong Xiaoge laughed loudly: "Mr. Fang, do you have so much confidence in the Android system? Are you trying to destroy me, aren't you?"

He also had a lot of confidence in himself and his peers, and he agreed straight away: "No problem."

Xiong Xiaoge turned to look at Yu Hong again: "Mr. Yu, you can give us a testimony. This time, I will try again with Mr. Fang."

The president of IDG Huaxia was in high spirits because of the launch of a very good project.

But Fang Zhuo didn't have the slightest interest in "trying it out". He said lazily: "The website is very simple, and it can be completed in a few days. You can make a draft first, old bear, and you can be the first on Quora." users who can give the first answer to the first question."

"I will help Quora recruit some famous people from different industries. Most of the money you invest will be used to buy Google ads, and you will also hire a few professional managers. I will make strategic decisions in terms of operations."

"Your $500 million accounted for 30% of the shares, 10% was reserved for the option pool, and the remaining 60% was reserved for me. Is there a problem?"

Familiar with the road.

Xiong Xiaoge liked Boss Fang's efficient decision-making.

He asked a small question: "Will the invitation system you mentioned last time be implemented?"

"In the early stage, we need to create high-quality content in this way, and we must have style. When we have a certain amount of content and users, we will open it to a wider range." Fang Zhuo said calmly, "New things, try."

Xiong Xiaoge nodded happily.

He laughs: "The second question for the website could be -- what's it like to own an NBA team?"

Fang Zhuo didn't know how many times he sighed today: "Old Xiong, you have already started. The last thing is that the website should have its own style. Before answering questions, we should add 'thank you' in the first sentence. "

Xiong Xiaoge felt that Mr. Fang really had a plan.

He chatted for a few more words, and happily left the office to finalize the investment for the matchmaker.

Yu Hong waited for President Xiong to leave before saying: "You can also answer 'what is the experience of becoming a rich man in the world' and 'what is the experience of being in charge of a listed company'. Looking at it this way, this website is quite interesting. Can it make money?"

"You can actively explore." Fang Zhuo replied, and then said, "I have already thought about the answer to the question you gave, and it is the 'listed company'."

Yu Hong asked curiously, "What's the answer?"

"Thank you, I can't answer this question because I am in charge of two listed companies." Fang Zhuo gave the answer flatly.

Yu Hong couldn't help laughing, and commented: "The taste is a bit strong."

She shook her head, stacked the documents on the table, and said, "I agreed to the shares, remember to return them."

Fang Zhuo said instead: "Why don't you think about it again?"

"Then go talk to Weiwei, it's really strange, why do you have concerns about using her shares now?" Yu Hong asked.

Fang Zhuo shook his head, unable to answer the question.

"See you tomorrow. Say hello to Teacher Xu for me this afternoon." Yu Hong left the office.

Because it is necessary to communicate with the Android company about Yike's mobile phone project, Xu Keden, who is newly in charge of this project, will introduce the situation more professionally on his way to New York.

Yike is already vigorously building a team in China, and the United States will do the same later.

If you want to make a good enough mobile phone, or in other words, if you want to make a mobile phone that can make Yike continue to live, you can’t just save the hardware. The components based on the Android system are applicable and the follow-up optimization, the touch screen solution of the capacitive screen There are challenges in the program and so on.

At present, Yike's mobile phone project has a set cycle of two years.

也就是说，从现在的2005年4月3号到2007年的4月3号，易科需要拿出一款较为成熟的安卓系统手机用以抗衡苹果的iPhone。

Otherwise, Yi Ke will encounter fatal trouble.

Fang Zhuo couldn't remember the specific moves of Apple, but considering the uniqueness of the full touch screen, as long as Yike and Sharp can solve the touch screen problem smoothly, the mobile phone will not be uncompetitive.

Based on his respect for Apple mobile phones, he is now also thinking about the market strategy of Yike mobile phones.

One thing is certain, we must give full play to the advantages of smart phones.

Fang Zhuo's provisional draft is not a hardware or system competition, because it is not clear whether he can compete with Apple's parameters, but to set off competition from another angle.

Yike set up a studio to make games based on the Android platform, so as to gain popularity and drive product sales.

For example, Fruit Ninja.

For example, Temple Run.

For example, Angry Birds.

For example, Plants vs. Zombies.

The performance of mobile phone intelligence starts with these.

All these things need to be prepared in advance, and they all need to promote the research and development of the Android system, so that there will be more cards to play on the day Yike accepts the test.

Fang Zhuo sat in the office to sort out his thoughts, write and draw, record key points, check for gaps and make up for omissions, and waited for the arrival of product director Xu Keden.

At 04:30 in the afternoon, just as Xu Keden had just stepped into the CEO's office in New York, Xiong Xiaoge, the president of IDG Huaxia, called again.

"Boss Fang, there is no problem, the three companies are all fine." Xiong Xiaoge smiled, "Everyone trusts you."

"Old Xiong, you are still capable, and you have confirmed your intention so quickly." Fang Zhuo could only praise.

"Otherwise? Anyway, I'm also a president. Do you really think I'm just making a living? Mr. Fang, this time I'm not the only one trying to be optimistic about this question-and-answer community." Xiong Xiaoge said, "You should spend more time on the Internet. There are more achievements in the sunrise industry."

"Thank you for your invitation, Old Bear, I will consider it carefully." Fang Zhuoping said flatly.

Xiong Xiaoge didn't care about Mr. Fang's mood, and finally made a final decision: "Then it will be the day after tomorrow, and we will hold a meeting to make a final decision."

His mood became more and more high and surging. There was no reason why he had been led by the nose all the time. This time, the change of host and guest was a new story.

(End of this chapter)