Become the richest man in the world starting from the rebirth of college entrance examination

Everyone knows that it is too early to split. Both businesses have no profitability and require continuous cash investment. What we really need to do now is to get the B round safely. After getting the B round, we can connect the two businesses. The profit point of each business allows the two businesses to make money. Once they start generating revenue, their value in the capital market will be higher. At that time, if they are split according to the trend, Haobo Technology can be listed on the market within three or four years at the earliest. It is not a dream for Frog.com to be independently listed. When the time comes, two heavy fruits will be guaranteed.

But now that Zhou Hao is asking for a split, the timing is really inappropriate. Such a big move and such a risky move will make capital lose confidence in Haobo Technology and its helmsman. Once investors lose confidence, it will be really dangerous. The biggest fear of starting a business is that the capital chain is broken. It doesn't matter if you don't make money. If you have promising capital, it will accompany you to carry it out. But once the capital tightens and the capital chain is broken, you will have no choice but to go bankrupt.

As one of the first people in China to be exposed to the Internet, Mr. Li somewhat understood Zhou Hao's mentality.

Young people are high-spirited and have the energy to refuse to admit defeat. However, sometimes this energy is a good thing and sometimes it is a bad thing. Once you choose the wrong direction and have to go all the way to the dark side, you will fall.

So, Mr. Li tactfully said to Zhou Hao in an experienced tone: "The split is a good idea, but it's too early now. If you really want to split it up, you can wait a few months and wait until the B round of financing is successful." When the time comes, more capital will be brought on board, and once you split, they will do their best to support both companies."

Zhou Hao knew that what the other party said was right, but since he wanted to show off, he had to pretend to the end.

He snorted contemptuously, "It will be too late to split after the B round of financing. Now is the best time to split into concepts. We need to split up and mature the two concepts first, and then use them to develop higher-level concepts." valuation to raise Series B.”

Mr. Li shook his head, "This is difficult to work. Once split, the capital will be disappointed with you."

Zhou Hao said with a smile: "I'm not afraid. Capitalists who are disappointed with the split lack foresight and insight. I don't want to cooperate with such capitalists. As the saying goes, different people don't work together. In future financing, I must cooperate with capital that can see through my intentions.”

Mr. Li's face was a little ugly. Zhou Hao's words meant that Sang was scolding Huai. Those who did not support his split lacked foresight and insight. He had just made it clear that he did not support it. Isn't this a slap in the face?

Luo Chenyi also felt that Zhou Hao was a little too much, so he cleared his throat and said: "Zhou Hao, to be honest, Mr. Li's advice was very pertinent and objective. Now the valuation of Wangwa.com can reach 300-400 million in the capital market." , if you make a wrong step before the B round, once the capital side is not optimistic, the valuation may plummet. The company you have worked so hard to run, do you want it to be destroyed in your own hands?"

Zhou Hao frowned: "Mr. Luo, what do you mean? It's my own company. What I do is my business. I just said it. Today I just came to convey that, whether you agree or not, the split is a certainty. Let's talk about you." You haven’t seen my follow-up development plan yet, why are you so anxious to make a conclusion?”

Luo Chenyi said with a hint of embarrassment: "I'm not denying you, I'm just reminding you that we are both partners and friends."

Mr. Li's expression was a little ugly now, and he pointed his finger at the table, "Okay, let's not have these useless arguments first, and let's look at the follow-up development plan first."

Zhou Hao nodded, tapped his fingers on the keyboard, and immediately entered the development plan after the split of Yiting.com.

In this section, Zhou Hao detailed his optimism for the MP3 market, which almost coincided with Mr. Li.

Mr. Li actually started plotting the MP3 business this year, but he was not too determined for a while. He was mainly worried about copyright issues. He came back from the United States and worked in Silicon Valley for several years. He knows how strict the United States is in protecting intellectual property rights. If you download mp3 files without authorization, you will be fined to the point of bankruptcy and even jailed in the United States.

But just when he was studying illegal costs and illegal benefits, Wangwa.com came out of nowhere, using practical actions to prove that there are indeed no clear legal provisions that can control it.

It is impossible for European and American record companies to come to China to file a lawsuit against it, because the country does not pay attention to this area. They tried their best to come to China and lost the lawsuit in the end. Domestic record companies also have no way to file a lawsuit against it. It takes time to start a lawsuit. Not to mention the length of time, the most important thing is that the lawyer has calculated that if you fight a hard-fought lawsuit, you will not get tens of thousands of compensation, and it will easily take a year or two.

Mr. Li later consulted many professional litigators and came to the conclusion that the law does not dare to set a precedent for the time being.

The reason is very simple. There are too many pirated copies in China. In small cities, except for Xinhua Bookstore, which is genuine, almost no genuine book can be found in other bookstores. The same is true for tapes, CDs, video tapes, and optical discs. Piracy accounts for more than 90%. , there is currently no clear legal support. If any court dares to set a precedent, it is likely to cause trouble.

Therefore, Mr. Li has recently made it clear within Baidu that no matter what, MP3 must be launched next year. Even though Baidu has invested in Haobo Technology, it must not give up its own MP3 search and download market. The cost of MP3 hardware is getting higher and higher. Low and popular, the future will definitely be dominated by mp3 and digital music. The demand for downloads on the Internet will definitely surge by then. If you don’t make a plan in advance, you will definitely die miserably!

Mr. Li didn't feel anything when Tieba, Groom, NetEase, Shanda, and Tencent started to develop, because everyone had their own expertise. Tieba was a minimalist forum, Groom, NetEase was the portal, Shanda was online games, and Tencent was instant messaging. , Baidu is doing search, and everyone is on the same page. People who work in restaurants cannot compete with people who buy clothes.

But mp3 is different. Although mp3 is a demand for music listening, its front-end represents a huge search volume for mp3. Future music listening enthusiasts and mp3 hardware users must be thinking of a certain song and search for this song first. Find the download address and download it to your local computer or hardware.

Although mp3 search is only a part of search, it is also a search!

The guy who works in the restaurant will not fight with the clothes buyer, but he will have a feud with the breakfast guy. On the one hand, he also wants to make money from the breakfast. On the other hand, if the breakfast is sold so well, it is inevitable that some people will regard it as a staple food. If you eat a few steamed buns every night, the hotel's potential profits will be affected to some extent.

Now looking at Zhou Hao's optimism about the mp3 market, even asserting that mp3 search will account for more than 20% of Internet searches, Mr. Li can't sit still. If he is really allowed to make Wangwa.com bigger, Baidu will definitely launch mp3 search next year. It will be greatly affected. Although Baidu also has shares in Wangwa.com, but the 10% is nothing? It doesn't make much sense. The core business must be in your own hands.

Zhou Hao did not expect that the prospect of MP3 would make Mr. Li unable to sit still.

Zhou Hao's subsequent plans for MP3 also made Mr. Li feel a huge sense of crisis. Between the lines, Zhou Hao was too optimistic about MP3. The key was that he thought the same...

After listening to Zhou Hao's introduction to the mp3, Zhou Hao coughed twice, cleared his throat and drank some water, and then the real highlight of the day began.

“It is urgent to build a navigation website of our own!”

“Navigation websites will be the first stop for more than 70% of Internet users in the future, and they will dominate the traffic in the Internet world!”

“Making the navigation website bigger and tapping the potential of the navigation website will hold the lifeblood of the entire Internet!”

"Increase capital, sell advertising, use most of your energy to build your own navigation website, and then use most of the funds to increase the traffic and influence of the navigation website. You must catch up with hao2002 in 123!"

As optimistic about MP3, Zhou Hao used an almost decisive attitude to show his unparalleled enthusiasm for navigation websites.

Mr. Li frowned. In his eyes, Zhou Hao became an extreme paranoid.

Previously, Zhou Hao was extremely optimistic about MP3, which made him feel that there was a serious crisis in next year's MP3 plan; now, Zhou Hao was extremely optimistic about MP3, and made him feel that once Haobo Technology was split, Tieba would be dragged down by his navigation website plan. lethal.

The Internet pays attention to user experience, so selling advertisements is not impossible. However, once advertisements affect the normal use of users, users are bound to be resistant and may also cause user losses.

Zhou Hao is now so optimistic about the navigation website. Every line of the words says that he will risk his life to make a good navigation website. When the time comes, he is worried that Zhou Hao will squeeze out all the value of Tieba in advance and kill the goose to seize the egg to develop the navigation website.

The biggest problem is that he is not optimistic about the navigation website.

In his opinion, the navigation website is a product with no technical content and is in the early or middle stages of the development of the Internet.

On average, users surf the Internet for an hour and will not stay on the navigation website for more than thirty seconds. Zhou Hao said that the potential of the navigation website should be deeply explored. How can it be tapped?