Chapter 284: Every generation has its own talented people

Chapter 284: Every generation has its own talented people

Chapter 284: Every generation has its own talented people (5k)

Alibaba’s entry into the market has had a far greater impact on the industry than onlookers.

Everyone's first reaction was disbelief, and the second was confusion.

By the time Bai Xiaosheng pieced together the general outline of the incident, the industry had generally accepted the authenticity of the incident and was even more shocked by its occurrence. They then wanted to explore the threat posed to Penguin by Alibaba's acquisition of WeChat and the future changes in the Internet industry.

It’s no exaggeration to say that this is a change.

Alibaba is the leader in China's e-commerce. It is foreseeable that the e-commerce sector, which has far from realized its potential, will continue to flourish.

Penguin is the dominant force in Chinese social networking and communications, and is one of the world's leading Internet listed companies by market value. It will never give up its core track easily.

The two companies have had friction in the past, but never to this extent and in this sense. Moreover, now is considered to be a critical period for the transition from PC to mobile Internet...

I dare not imagine what the future will hold.

Zhou Hongyi's ridicule on Weibo seemed to open a valve for everyone to come back to their senses, and soon someone directly interacted with the wrongly arrested Hongyi on Weibo.

"Mr. Zhou, is this your joint action? You also invested in WeChat before."

Zhou Hongyi was in the best mood at the moment, and answered very seriously: "I didn't know. WeChat invited us to the shareholders' meeting yesterday, but we didn't go. We didn't know there would be such a situation. What a pity. If Mr. Yu had told me, I would have gone. This transaction that changed the industry landscape should have been finalized recently. I knew the time the same as everyone else."

"This is incredible. Now that Alibaba has bought WeChat, does that mean the direction of its overall strategy will change?"

Zhou Hongyi is very sure of this: "It will definitely happen. A company like Alibaba either won't buy it or it will definitely be determined to compete with Penguin. I just read other people's analysis and it makes sense. WeChat only used Alibaba's advertising to generate revenue. It should have been considering how to get Alibaba to take action since then, but we didn't expect it to be that way. Now looking back, this extreme approach seems to be very much like Mr. Yu."

He responded to this comment and couldn't help but post another Weibo: "I have said long ago that the essence of the 3Q war is the rebellion of grassroots entrepreneurs against monopolists. Any Internet startup company must fight against monopoly power. Today's incident is the most powerful proof!"

Then, some not-so-pleasant voices immediately appeared under this Weibo post.

"Don't take advantage of me. They are Zhuge Liang and Su Qin in business. They are competing with WeChat and Penguin. Why are you, 360, singing and dancing here?"

Zhou Hongyi was furious when he saw this, but he was in such a good mood today that his anger turned into a mild one and in the end there was no argument.

However, he changed his Weibo profile picture to the words "Protect the Environment".

Several companies like 360 ​​that had previously exchanged traffic for equity received official notice from WeChat at the first opportunity, and would sell their equity simultaneously due to the terms of the contract.

Some, like Zhou Hongyi, immediately expressed their opinions on Weibo, while others excitedly sent WeChat messages directly to Yu Xing.

Xunlei's Zou Shenglong sent a WeChat message to Yu Xing immediately but he didn't get a reply. He then called Yu Xing immediately and called him twice before he got through.

"Brother, you are not telling the truth! No wonder the last time I saw you, I said that even if I couldn't kill it, I would at least scare it. You said scaring it would definitely work! Damn! This time I will definitely scare it! Maybe I can even kill it!"

Yu Xing's voice on the phone was obviously noisy in the background, but he still tried to speak clearly: "Brother, we hadn't talked to Alibaba yet."

Zou Shenglong laughed and said, “The ban on Alibaba hadn’t started yet, right? Well, well, it’s right not to tell the truth! Damn, I didn’t expect this investment to make money!”

Yu Xing didn't know whether to laugh or cry.

Zou Shenglong chatted for a few more words, and knowing that Yu Xing must be busy at this time, he hung up the phone.

He put down his phone and walked around the office on his own, but he couldn't hide his excitement. He simply asked his secretary to drive him around the Penguin headquarters.

The two companies are both located in Nanshan District and are very close to each other.

Zou Shenglong sat in the car and directed his secretary to circle back and forth on the road outside the Penguin headquarters, while he himself lay on the car window to look out.

"Tsk, tsk, let's come back tonight. I want to see how long the lights on the 37th floor will stay on!"

"Wow, several cars are coming in just now, are they going to have a hurried meeting?"

"Liu Chih-ping went to Shanghai, I wonder if Pony is there!"

"Oh my god, Yu Xing's move is truly amazing!"

Zou Shenglong admired the scenery of the Penguin headquarters again and again. Although he did not go in, he could imagine the shock and panic inside at the moment.

Near noon, he let out a long sigh of satisfaction and said to his secretary with a smile: "Damn, I saw a post on Yu Xing's forum asking users to comment on him. It was all "awesome". I thought about it again and again, but there was only these two words in my mind to comment on him!"

The secretary then asked, "It's really unexpected that WeChat was sold to Alibaba. Mr. Zou, do you think Alibaba can beat Penguin in the end?"

Zou Shenglong snorted, "I don't know if I can win, but I know Penguin definitely doesn't want to fight like this. In the past, who would have thought that it would have to fight in the instant messaging market? Tsk, I have to send a WeChat message to Yu Xing."

He opened his phone, found Yu Xing's WeChat, and planned to seriously praise the sword he stabbed at the penguin.

Then, his finger froze on the screen for a long time, and finally he angrily sent two words that best represented his mood at the moment: "Awesome!"

Zou Shenglong didn't see Yu Xing's reply, but he didn't mind. He searched for Penguin's stock price again and laughed, "Penguin's stock price fell 11% in half a day. Hahahahaha, damn, more than billion US dollars are gone! Damn, more than billion US dollars!!"

The secretary in the driver's seat smacked his lips and said, "Ali spent $6.6 million to buy WeChat, and the penguin fell in just half a day... seven WeChat coins!"

Zou Shenglong laughed and felt that today was the most refreshing day in recent years. "It's not that simple. If Penguin can't suppress Alibaba, its stock price will fall. But how can it suppress Alibaba? How many users does WeChat have now? Didn't QQ try its best to divert traffic?"

He couldn't help but patted the chair with his hands: "The capital market has been bled out! Hahaha, luckily Penguin didn't pay a high price to buy WeChat, luckily it didn't, hahaha, Penguin is still promoting tickets for mobile Internet!"

The secretary thought of the young WeChat founder whom he had met two months ago, and then thought about the evaporation of more than 4 billion US dollars. He was shocked. More than 20 billion Chinese yuan disappeared...

Mr. Yu probably didn't expect that his move would cause the Penguin stock price to become like this...

The secretary shook his head slightly, and thinking about the pressure from Penguin on WeChat, he could only sigh that everything is destined.

"Eat, eat! We have to have a good drink at noon!" Zou Shenglong gave the order with great interest.

The secretary drove straight to the boss's favorite restaurant and asked again, "Boss Zou, will Penguin buy back its shares this time?"

When Zou Shenglong heard this question, he did not give an emotional answer, but thought about it seriously for a while.

Penguin initiated a stock repurchase in the fourth quarter of last year. Due to two consecutive waves of public opinion, especially the day when the 3Q war broke out, its stock price plummeted by 7%. The situation is somewhat similar to this time.

Zou Shenglong was thinking, and when he was almost there, he said, "This time, they probably won't buy back shares to prop up the stock price. It's different from last time. Last time, they were scolded by everyone. It was more of an emotional problem, a public opinion problem. Can public opinion really kill a big company like that? Penguin's basic market is fine."

He smiled again when he said this: "It won't work this time. Penguin used micro-chat to fight against small companies like WeChat. It was full of confidence. It started to promote that this was the first ticket to the mobile Internet. It raised its stock price and made the market have expectations. But when it met Alibaba, such expectations were directly shattered. Now let Pony Ma stand up and say, dare he guarantee 100%, dare to say that he can beat Alibaba?"

Zou Shenglong got out of the car, entered the restaurant, sat down to drink tea, and then thought about the current situation. He smiled and said, "The penguin bullied the weak and thought the victory was certain. Now it has brought it upon itself. Hehe, I really want to see Pony's expression."

As he thought about this, he suddenly remembered something else and laughed: "This year's summit forum is in Pengcheng! Haha, Yu Xing is the guest, Pony Ma is the host, what will they talk about when they meet? Hahaha, I have to wear a hat of 'protecting the environment' anyway!"

Zou Shenglong was laughing when he was suddenly choked by saliva, and then he started coughing violently.

The secretary rushed forward and patted the boss on the back, narrowly avoiding a tragedy.

Zou Shenglong was happy for a long time, but he quickly calmed down and began to slowly let his joy flow.

However, halfway through lunch, he saw Zhang Chaoyang accepting a brief interview with a Sohu reporter and couldn't help but praise him: "Zhang Chaoyang's speech is quite good, good, good, appropriate."

The secretary searched curiously and saw Zhang Chaoyang's latest comments on today's major deal.

Zhang Chaoyang was giving a quick interview to his own reporter at his own company.

He was also shocked by Ali's move, and it took him a long time to calm down.

"Ali's acquisition is of strategic significance."

"I thought WeChat had failed before, and I was right. It was precisely because of its failure that WeChat had to be sold to Alibaba."

"Well, I really didn't expect Alibaba to do this. I heard that it was Yu Xing who set up this. How should I put it? The Internet may change, but change is actually a good thing."

"I've met Yu Xing. He's a man of character."

"This time the competition has reached such a level, and such incredible changes have occurred. I can only say that when a common man gets angry, blood will splatter three feet, and within ten steps, everyone will be the enemy."

"The gap in resources between WeChat and Penguin is huge, but Penguin gave WeChat the opportunity to develop to the point where it is within ten steps. If 3Q had been handled well, WeChat wouldn't have developed so wildly, right?"

“Although no one expected Alibaba to acquire the company, looking back now, WeChat is indeed a threat to Penguin. Ma Dian’s decision was decisive, and Yu Xing’s counterattack was fierce.”

“This is something that needs to be reflected upon.”

Zhang Chaoyang gave the evaluation that "When an ordinary man gets angry, blood splatters three feet, and within ten steps, everyone in the country will become the enemy."

No matter how powerful Penguin is, it was criticized by Computer World for its overbearing behavior in the past, and then suffered an unexpected counterattack for attacking 360, which eventually gave birth to WeChat, an assassin that came within ten steps of it. Once within ten steps, the assassin turned into a rainbow, and even a strong penguin had to be stabbed in the vitals.

In public opinion, there are predecessors like Zhang Chaoyang, opponents like Zhou Hongyi, and the Internet Sherlock Holmes who is still frantically piecing together the truth.

There is also a heart that is quietly broken.

Qiming Venture Partners’ Hu Xubo found himself heartbroken.

He wandered around the world of the Internet and found that there were harsh voices everywhere, including a review of Yu Xing's operation, praise from various bosses, calculations of the value of WeChat employees' options, and mockery of Penguin for bringing disaster upon itself...

WeChat is everywhere! Yu Xing is everywhere!
Hu Xubo felt like there was something tickling his heart, tickling and tickling until he reached the Naihe Bridge...

He would look at the computer for a while, then stand up and turn around a few times. After calming himself down, he would sit down again, and after a while he would stand up and turn around a few more times.

Who is losing money in this deal?
IDG insisted on leading the investment, Red Falcon always supported, Today Capital has not left, the replacement of 360, UC, Xunlei and other companies has been effective, the founder Yu Xing has become wealthy, and there are a large number of millionaires and multi-millionaires in WeChat...

After looking around, only Qiming Venture Partners, former employees and Penguin are losing money.

No, no, no, can Penguin still comfort itself? The 6% stake it bought from Qiming Venture Partners has increased several times...

When Hu Xubo thought of this, he felt his amygdala run wildly, cortisol was secreted crazily, his prefrontal lobe completely malfunctioned, his serotonin plummeted, and his norepinephrine sounded a continuous alarm. He became completely depressed!

How many stock options can those resigned employees get? !

The 6% sold by Qiming Venture Partners is almost as much as the options of all WeChat employees!
All of them add up to only 6.6096%!!!

启明创投用1200万美元拿了微信公司8%的股权，随即在最后一轮里被稀释到6%，这6%在这桩交易里价值3960万美元，但卖给企鹅只卖了500万美元……

Qiming Venture Partners only raised US$3.2 million in the first two years.

In this round trip, 1200 million went out and 500 million came back. It could have been sold for 3960 million, a full difference of 3460 million US dollars!
2.35……

Hu Xubo thought about how he had invested in WeChat before, and he felt even more depressed. He had spent a lot of effort to wait and see, and finally got out of it...

He let out a long sigh.

What’s even more distressing is that Qiming Venture Partners sold its equity 8 days ago, and in just 8 days, just 8 days, the value suddenly skyrocketed! !

Thirty million a day.

125 million per hour.

2 per minute.

Hu Xubo did a casual calculation and found that another 10 minutes had disappeared. He wanted to smoke a cigarette, but as soon as he lit it, he realized that this would take up minutes, so he immediately threw the cigarette away.

What if I had insisted? What if I had listened to IDG's advice? What if I had sold it to Baidu?

Hu Xubo was sighing when he suddenly heard knocks on the door.

"Boss Hu, Boss Hu! Open the door, Boss Hu!!"

Hu Xubo tried his best to calm down and greeted the guest who came to ask for accountability.

The visitor was Davis, an investment manager at Temasek, a mixed-race Chinese. His job was to regularly evaluate the IRR, DPI and other indicators of venture capital firms such as Qiming Venture Partners that raise funds.

As soon as he entered the room, he angrily asked, "Mr. Hu, what's wrong with you? What's the situation with the WeChat transaction?"

Hu Xubo had an awkward smile on his face: "Davis, this, this was an accident."

Davis asked bluntly, "Why are there no surprises for IDG and Capital Today? Didn't you invest together?!"

Hu Xubo: “This…”

"How do you do investment at Qiming? Why have you invested in so many messed-up things in the past two years?" Davis asked angrily. "Why were you still talking about the end of WeChat two days ago? Give me a reason!"

Hu Xubo only felt his mouth dry and astringent.

He looked at the angry representative of the sponsor in front of him and tried to explain: "I evaluated WeChat..."

"What are you evaluating? Evaluate!" Davis interrupted directly, "Stop talking about theories. Do you know what alienation is? You are going to be alienated by theories! Why do you care so much about investment theories?!"

"Then doesn't investment depend on the project and the person?!"

"Still talking about theories and evaluations, what have you come up with?"

"answer me!!"

Davis glared at Hu Xubo, and when he saw him lower his head, he immediately blurted out in English: "Look in my eyes!! Tell me!!"

Hu Xubo had to raise his head and listen to the scolding from his financial backer.

After being scolded like that and finally getting rid of this person, the phone on the desk started ringing again.

Hu Xubo had a wooden face. When he heard the inquiries and dissatisfaction on the phone again, he just felt... he just felt that this life was ridiculous!
What happened to Ali? Yu Xing slapped him and knocked him out!

What's going on with Yu Xing? If you want to fight, you should say hello to your buddies in advance!

Hu Xubo was panting, holding his phone, feeling that the huge difference in just one thought made him feel dazed.

He was stunned for a while, doubting himself. Was his investment theory really wrong? Was there really something wrong with his vision and judgment?
If this is correct, why did IDG make the exact opposite decision?
Hu Xubo was in a daze for a long time. When he finally came back to his senses, he suddenly saw a post on the Bai Xiaosheng Forum.

"I heard that Mr. Yu has a rating system for investors, which divides them into top-quality and bottom-quality investors. For example, Mr. Xiong from IDG is a top-quality investor, while Mr. Xu from Capital Today is a bottom-quality investor."

Hu Xubo smiled bitterly and found that he was not mentioned. He could only think self-deprecatingly that he was the last one.

He casually scrolled down the post, and was suddenly struck by the few words that came into his sight, which hit his already broken heart.

"As for Mr. Hu from Qiming Venture Partners, he should be expelled from the horse club and become a donkey."

Hu Xubo looked at the “hahahaha” comments below the post and felt angry and anxious for a moment, and his roar echoed throughout the office.

"I'm not a donkey!"

"Yu Xing! I'm not a donkey!"

……

An emergency general office meeting was held on the 37th floor of Penguin in the afternoon.

Pony Ma presided over the meeting and looked around at the silent executives present.

President Liu Chih-Ping returned from Shanghai in a disheveled state.

Lu Shan, the person in charge of WeChat chat, sat in his seat with a sallow face.

CTO Zhang Zhidong frowned, and no one knew what he was thinking.

The rest of the people either lowered their heads or stared at the documents, with no intention of speaking.

"The situation is very serious. We are facing great challenges." Pony Ma made a sound, breaking the silence and admitting the problem again, "I didn't expect Ali to come in like this. This is my problem."

When Liu Chih-ping heard this, he couldn't help but say, "We all thought that Alibaba would focus on e-commerce... Pony, this is... this is Yu Xing who impressed Ma Dian."

Zhang Zhidong said slowly: "Yu Xing showed a possibility after the penguins' complete victory. Ma Dian felt the threat from the penguins. I have to say that Yu Xing is very smart, smarter than I imagined."

Discussions about Yu Xing and WeChat broke out in the general office, and everyone reflected on the situation, but they also had to admit that they were caught off guard this time.

Pony Ma's face turned darker as the discussion progressed into deeper waters. The impact brought by Ali is likely to be extremely far-reaching.

He thought of Yu Xing, who was turning the gun on Ali, and his hypocritical attitude when he came to Penguin last week, and said in a deep voice: "I misjudged Yu Xing. He is worse than Zhou Hongyi."

Liu Chih-Ping sighed silently, finding it hard not to agree with this assessment.

Zhou Hongyi is bad enough!

How can Yu Xing be worse than him? !
It's true that there are talented people in every generation, and Yu Xing is even worse than Hong Yi!
(End of this chapter)