Become the richest man in the world starting from the rebirth of college entrance examination
Chapter 130: Only Financing, Not Selling
At 9:50 a.m. on Saturday, Zhou Hao arrived at Baidu's Beijing office. Baidu is developing rapidly. Even on weekends, many people are working overtime. The technology and product departments of Internet companies work overtime almost on a regular basis. Zhou Hao I've long since gotten used to it.
The front desk heard that he was looking for Jack Qian and hurriedly took him to the conference room. Jack Qian had greeted her before and said that an important guest was coming to discuss cooperation today. She had to notify her as soon as possible.
As soon as Zhou Hao sat down, a man in his thirties, with a gentle appearance, wearing a suit, leather shoes, and rimless glasses pushed the door in. When he saw Zhou Hao, he was startled at first, then he immediately reacted and asked tentatively: "You Is it Mr. Zhou Hao?"
Zhou Hao nodded: "It's me."
Jack Qian was stunned.
After communicating with Zhou Hao several times via email, and combined with the two projects run by Zhou Hao, he felt that Zhou Hao should be between forty and forty-five years old, with overseas study, life and work experience, and even once worked in a world-renowned company. I worked for an Internet company, but I never imagined that the person he met looked like he was only around 20 years old?
Although he was surprised, Jack Qian quickly calmed down, shook hands with Zhou Hao enthusiastically, and said after a few polite words: "Mr. Zhou, please wait a moment, our VP will be here soon."
VP is the abbreviation of vice president. People in the industry like to use English abbreviations to express their superiority. Zhou Hao has long been accustomed to this and nodded without saying much.
As the head of the investment department, Jack Qian is usually responsible for investment negotiations. However, he communicated with Zhou Hao several times and failed to find a breakthrough point. This made him feel a little frustrated. He saw it today. Discovering that the other party was so young, the frustration suddenly increased.
A few minutes later, three middle-aged men and a woman in her twenties came to the conference room, and Jack Qian hurriedly introduced them. The focus is on vp Luo Chenyi.
Zhou Hao has heard of this person. He worked at Baidu in 06 and retired after Baidu went public. Then he became an angel investor and invested in many projects with great success. Considered a winner in life.
Luo Chenyi also didn't expect Zhou Hao to be so young. He used to think that Zhou Hao was a middle-aged elite, but he didn't expect that there was such a big deviation. He had about the same money as Jack. He slowly accepted this reality.
Jack Qian also introduced the technical director and operations director to Zhou Hao, but Zhou Hao knew that there was only one he had to conquer, and that was Luo Chenyi.
As for Baidu’s technical director and operations director. Does it have anything to do with yourself? These people will only work if they reach a financing agreement with Baidu.
Luo Chenyi is a very efficient person. He goes straight to the point with a simple politeness: "I invite Mr. Zhou to come today because Baidu is very interested in Wangwa.com and Tieba. Jack Qian should have talked to you before. We intend to package and acquire these two businesses. And he is very sincere. I don’t know Mr. Zhou..."
Zhou Hao smiled slightly and interrupted him directly: "Mr. Luo, I stated in my email to Mr. Qian a long time ago that I will not accept any package acquisition."
Luo Chenyi did not expect that Zhou Hao would not even consider it, and would reject Baidu's intended price without even asking. Why would such a young man be so decisive in doing things? Is he too confident in himself, or is he too confident in Wangwa.com and Tieba?
Although Zhou Hao refused simply, Luo Chenyi still did not give up. He smiled: "Mr. Zhou, don't you want to hear our latest quotation? We have communicated with investors in Silicon Valley and the current quotation is more expensive than the previous one." The offer was much higher.”
Baidu is very optimistic about the two projects of Wangwa.com and Tieba. Tieba, in particular, is simply a community artifact. With it, it can gather the core users. Combining Baidu's advantages will definitely create a leader in the Chinese community field.
They also analyzed and evaluated these two businesses and sent them to investors in Silicon Valley. Finally, the investors gave a clear reply: If Baidu can package these two businesses, the investors will increase their investment by US$10 million.
It can be seen that investors are also very optimistic about the integration of these two projects with Baidu.
Luo Chenyi had the latest quotation for Zhou Hao before he came in. It was 25 million yuan, after tax. Even he felt his heart beat faster at this price. For a project that had only been started for a few months, such a high value was like the Internet. The wonders of the field.
As a result, without even dreaming, Zhou Hao said calmly: "Believe me, Mr. Luo, with Baidu's current size, you can't afford a package acquisition."
Several people in the conference room looked embarrassed.
Luo Chenyi was shocked again, who is this kid? Just saying that Baidu can't afford it without even asking for a quote... is that too arrogant?
However, Luo Chenyi combined Zhou Hao's previous information and guessed Zhou Hao's true intention, which was to only raise funds and not sell.
Luo Chenyi asked: "Mr. Zhou is very optimistic about these two businesses? What do you think of the development prospects of these two businesses in the future?"
"Let's put it this way." Zhou Hao leaned forward slightly and said very confidently: "If I compare the prospect to a grenade, then the frog net is just a fuse pull ring on the grenade."
At this point, Zhou Hao made a circle with his fingers: "Please note that it is just the keychain-like pull ring on the fuse that is put on the finger. It is an entry point I found in the field of online music listening and downloading. As for Tieba, it is the fuse of the grenade, and the fundamental reason for the existence of Wangwa.com and Tieba is to detonate real grenades, so if you ask me what the future prospects are, you can compare the power of the fuse and the grenade."
Luo Chenyi frowned, the fuse was just a fuse, how powerful could it be? How can it be compared with a grenade? What Zhou Hao means is that the current Wangwa.com and Tieba are nothing at all. The two together are just a fuse for his grenade. Is it really okay for this kid to be so crazy at a young age?
Luo Chenyi decided to give the young man in front of him a slap in the face, and said in a tone of experience: "Although the idea of Tieba is very good, you lack sufficient traffic and financial support. Once this model is imitated by companies with large amounts of traffic and funds, It is estimated that it will soon surpass your Tieba, and it may even be suppressed to the point where it cannot hold its head up."
The so-called company with a large amount of traffic and funds in his mouth actually refers to Baidu itself. The implication is nothing more than a warning to Zhou Hao that if he rejects Baidu, Baidu can catch up with him in minutes.
Zhou Hao smiled: "If someone wants to imitate my Tieba, it is really not difficult, but even if they imitate Tieba, they are just followers without goals."
As soon as the word "follow the trend" came out, everyone could feel the ridicule from Zhou Hao. In fact, when they saw Wangwa.com and Tieba, their first thought was to follow the trend and launch similar products...
Zhou Hao ignored the embarrassed faces of these people and continued: "If anyone has been paying attention to Tieba, you must know how fast Tieba's product development is. In more than a month, we not only launched the singer Tieba, but also launched Tieba sign-in, membership After upgrading the system, we launched a post bar containing all celebrities from the two sides of the Taiwan Strait and three places. Immediately afterwards, we also launched a more powerful function, that is, user-built post bars! Just ask, such a fast and high-quality product update speed , which company can do this?”
What Zhou Hao said is indeed true. This kind of product development pace is simply inhuman. The reason why Tieba can do this is because Zhou Hao understands the success or failure of various Internet products in later generations. Every function he asked Guo Kaiyu to develop was based on In the previous life, others spent a long time researching, developing, and trial-and-error to accumulate successful experience.
Luo Chenyi also fell into deep thought. Although Zhou Hao's words were harsh, it was an out-and-out fact. The product was updated so fast, and every update was amazing. It is really difficult to imitate this kind of person. He just copied someone else's 1.0 After imitating the version, others' 3.0 has already been released. If you don't have such a strong product development team, you may never catch up.
Seeing that Luo Chenyi was silent for a long time, Zhou Hao cleared his throat and said, "Mr. Luo just mentioned traffic and funds. You may not know that Tieba now has more than 4 million registered users, with more than 20 daily active users." Wan, with such a fast growth rate, do you still worry about traffic? Even if others have stronger traffic, but don’t have such a high conversion rate and viscosity as Tieba, it is basically useless.”
"In addition to traffic, there is also capital. I admit that capital is the bottleneck of my development, but I think financing is just to make up for this shortcoming. I believe that even if I don't take Baidu's money, I don't have to worry about financing."
Luo Chenyi crossed his hands on the table, glanced at Zhou Hao, and nodded slightly: "If you want to raise funds, what are your conditions?"
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