Back in 2010: I owned 100,000 Bitcoins

"Mr. Zhao, it doesn't matter who I am. I got your news from Brother Lei Jun. I don't know if you have time. I want to meet you." Lu Pengfei replied with a smile.

When Zhao Jianwen heard that Lu Pengfei and Lei Jun knew each other, he thought that Lu Pengfei was interested in his patent and said excitedly.

"I have time, we can meet at any time?"

Finally, the two made an appointment to meet at a teahouse not far from Lu Pengfei's company.

When the two met, Lu Pengfei finally met this tragic figure who had missed [-] billion US dollars in his previous life.

Zhao Jianwen is a gentle man, about forty years old. He wears a pair of gold-rimmed glasses, has short hair, and has a scholarly look when he smiles.

However, Zhao Jianwen was a little disappointed when he saw Lu Pengfei. Seeing that Lu Pengfei was so young, he subconsciously thought that his newly raised investment hopes would be dashed again.

However, even after coming, Zhao Jianwen still did not give up his last hope and chose to sit down and chat with Lu Pengfei, hoping that a miracle would happen.

"Mr. Zhao, it's a pleasure to meet you. Let me introduce myself first, Lu Pengfei, the founder of Spring Capital Ventures!"

"Zhao Jianwen! Mr. Lu is really a young talent. He has achieved such great achievements at such a young age. It really surprises me."

The two sat down and chatted with each other for a few unrelated words. Soon Lu Pengfei changed the topic to Zhao Jianwen's patent.

Zhao Jianwen gave Lu Pengfei a copy of these patent information documents.

Lu Pengfei took a quick look and found that the copy of the patent application numbered CN B was similar to the information found online, only more detailed and complete.

Lu Pengfei asked Zhao Jianwen after reading it.

"I don't know, Mr. Zhao, do you want to transfer or authorize this patent?"

Zhao Jianwen shook his head and replied, "I will not transfer or authorize patents. I want to develop an instant messaging software myself, break through Tencent's hegemony in the field of instant messaging, and completely subvert the communication pattern of the Internet."

After hearing Zhao Jianwen's words, Lu Pengfei couldn't help but smile and said.

“I admire the fact that Mr. Zhao’s imaginary enemy is Teng Xun.

But I wonder if Mr. Zhao thinks this situation is possible?

You should also understand that your patented technology is not very high. Once your product is launched, it will be imitated by Tencent. Using its strong human resources and financial resources, it will quickly leave you behind. "

Zhao Jiansheng then took out his business plan, which had been revised many times, and gave it to Lu Pengfei.

However, Lu Pengfei didn't answer and waved directly.

"Mr. Zhao, you have to understand that no matter how good your ideas or planning are, it will be useless in front of Tengxun. Once you use it, others will imitate and follow suit."

“Tell me directly, when your work is released, what methods will you use to maintain your uniqueness and leading position, so that customers will choose to be on your side.

Rather than being easily caught up or even left behind by those who imitate and follow suit. "

Zhao Jianwen had no good solution for this, so he had no choice but to tell Lu Pengfei.

When a product is launched, the only way is to spend a lot of money on promotion, create a time lag, and seize most of the market to gain a large number of users before others can react.

Lu Pengfei asked Zhao Jianwen how much money he hoped to obtain and how many shares he was willing to take.

Zhao Jianwen said that the ideal Series A round would be tens of millions of dollars, and he would be willing to take out [-]% of the shares.

Hearing this, Lu Pengfei laughed!

Lu Pengfei did not respond to the matter of shares, but turned to Zhao Jianwen.

"Mr. Zhao, can you tell me why you applied for your patent in 2006 but still don't have a product?"

When Zhao Jianwen heard Lu Pengfei's words, it brought back unforgettable memories for him over the years.

A somewhat sad look appeared on his originally confident face.

Thinking about it, he actually had the opportunity to get his first pot of gold before, but he rejected it.

In 2007, his team wrote code day and night and finally completed the mobile instant messaging product.

He gave it a name called "Kaichao". The product version at that time could run on several Nokia mobile phones. After experiments, it could use the network to send free short messages to each other, and it also supported busy and offline statuses.

After this product came out, many friends quit their jobs and started working in his company. Many angel investors also expressed their willingness to provide a sum of funds, and the most said they were willing to invest three million.

However, they all require a large amount of holdings, and they were controlled in the first round. So how can I play in the future?

Therefore, he rejected it.

Zhao Jianwen has a dream, which is to defeat Tengxun with his own products.

Therefore, in the future, he will use Tencent to find partners for his imaginary enemies. He hopes that the A-round investment will be between three million and ten million US dollars, so that he can turn the Internet upside down in one breath. This is what his creativity should be. How to play!

Later, an investment bank also expressed its willingness to invest and cooperate, but asked to wait until its products were more perfect before injecting capital.

But bad luck happened. After they spent all their savings and energy perfecting the product, the 2008 financial crisis hit.

The capital winter is coming, and investment banks are unwilling to invest anymore.

I originally wanted to wait for capital to pick up, but I never thought that Nokia's Symbian system would withdraw from the stage of history so quickly and be replaced by Apple's IOS and Android systems.

Next is the magic spell: as soon as others hear and copy your idea, you are game over!

Basically all investors are not optimistic about his project!

Seeing Zhao Jianwen being silent there, Lu Pengfei called him, waking Zhao Jianwen out of his memories.

"I'm sorry, Mr. Lu, I just got distracted thinking about the past!"

Lu Pengfei knew that since Zhao Jianwen applied for a patent in 2006 and has not yet produced a product, there will definitely be a lot of stories happening in the past few years, so he said it was understandable.

It may be that Lu Pengfei's attitude gave Zhao Jianwen a good impression, or it may be that Lu Pengfei brought back sad past events, which aroused Zhao Jianwen's desire to tell.

Like complaining to an old friend, Zhao Jianwen slowly told Lu Pengfei about the hard work of starting his own business in the past few years.

After Lu Pengfei heard this, he felt a little sympathetic to Zhao Jianwen's experience, but he was not pitiful!

After Zhao Jianwen finished speaking, Lu Pengfei said something to him that was difficult for him to accept.

"Do you know why, after so many years, your idea is still an idea, but the patent is still just on paper?"

Zhao Jianwen asked why?

"You are too greedy!"

Hearing this, Zhao Jianwen was very unhappy and asked Lu Pengfei angrily.

“Am I greedy, or are the investors greedy?

My idea, my patent, they just invested some money and want to take it away from me, what is this? "

Seeing that Zhao Jianwen was angry, Lu Pengfei was not nervous. He lowered his head and blew the tea leaves in the cup, and drank it slowly.

Zhao Jianwen vented his emotions and sat down in despair.