Chapter 540 A few seconds of silence in advance

Chapter 540 A few seconds of silence in advance

It is really difficult for people to make money beyond their cognition.

The reason why many wealthy businessmen are successful is mainly because they entered the right industry at the right time and had good luck. Their vision is not necessarily much ahead of others.

Influenced by survivor bias, only truly successful entrepreneurs are more likely to be noticed by the outside world. There are too many random factors in the process of getting rich, so you can just listen casually to success stories from famous entrepreneurs and there is no need to take them too seriously.

In the early years of reform and opening up, there were many opportunities in the real estate industry, so Mr. Wang of Wanda was lucky enough to stand out. After making his first pot of gold, he took advantage of the situation and formed a first-mover advantage. It took him more than ten years to gradually accumulate his current wealth.

When the Internet industry in mainland China was just starting out and it was still a wilderness everywhere, Pony Ma and Jack Ma had already started their own businesses.

At the beginning, major multinational companies did not care about the closed and small mainland market. There were almost no competitors in each track. Penguin Group and Alibaba Group were busy expanding wildly, and business was of course easy to do.

If you stand in a strong wind, even a pig can take off.

Many golden opportunities are gone once missed. If Mark Zuckerberg and Jack Ma were to start from scratch and compete with other companies, with neither resources nor funds, it would be difficult for them to reach their current heights again.

Like Alibaba's Jack Ma, who swallowed up Yahoo China's business last year and got a large sum of cash, he has not incubated any other good projects until now, and has been busy renovating the luxury house he just bought in Lin'an. In his hurry to cash in through Taobao, he came up with a bidding ranking service called "Zhao Cai Jin Bao", but was scolded by the merchants on Taobao.

The so-called "bringing in wealth and treasure" service means letting sellers bid for a certain keyword, and based on the actual transaction results brought to the sellers by the platform, the merchants will pay Taobao service fees.

In October last year, Jack Ma had just promised to make Taobao free for three years, so he did not deserve the ridicule.

Interestingly, Jack Ma also bought a house in Greentown Peach Blossom Land in Lin’an, which is only separated by a wall from the 5.5-acre Chinese-style garden mansion given to Fan Wumian by the developer.

In addition to buying a house, he also made additional investments in Huayi Brothers Films in his personal name. Apparently, he was busy trying to spread his wings and began to prepare other escape routes for himself.

In recent months, Fan Wumian has seen Jack Ma busy spending the $10 billion in cash he raised on small things, and he just wanted to say that it was such a luxury.

If he had an extra $10 billion in cash now, Fan Wumian was confident that through various investments, he could turn this money into $ to $ billion in a dozen years, which would be far higher than the total market value of the entire Alibaba Group.

no way.

The advantage of information asymmetry is there. Looking around, there are great opportunities everywhere and there are so many places to make money.

For example, after leaving Dongjing Multimedia Network, he took Xiao Ma Ge to visit the Yanjing branch of "Dajia Dianping.com", planning to raise 1500 million yuan and hold a 30% stake.

As early as January this year, Dadian.com had received US$100 million in financing, but this money would soon be used up. A few days ago, it announced that it would soon start a second round of financing.

Fan Wumian's family office compiled the information into a document, which was seen by him.

It just so happened that Xiao Ma Ge came to Yanjing to discuss business, so the two of them came over to hang out.

Currently, businesses have begun to advertise through the Internet, and the market prospects are worth looking forward to. Penguin products have a large number of users and have the opportunity to further monetize through Dajiadian.com.

When it comes to the wolf culture of opening up the market, the Penguin Group may be a little lacking, but when it comes to attracting traffic and incubating other products with a large number of active users, it is one of the best experts in the industry.

After receiving a sudden notice yesterday, Zhang Tao, the founder of Dajia Dianping.com, immediately dropped his work and flew to Yanjing overnight with several senior executives.

At this moment.

Fan Wumian went to the bathroom to flush the toilet. Zhang Tao wanted to continue introducing the company's situation. But Xiao Ma raised his hand and smiled:
"Wait a moment, wait until Mr. Fan comes and then you can introduce it. We have thought about using foreign investment to utilize the user resources of Penguin Group before, but unfortunately, after trying it several times, the effect has not been very good, and a lot of money has been wasted."

"Mr. Fan happens to be good at these things and also likes them. He is also the largest shareholder of Penguin Group, so it is just right for us to let him take care of the overseas investment business."

"Mr. Zhang, it's no use telling me. Different industries are like different worlds. I know almost nothing about review websites like yours. If you have anything to say, just talk to him."

Zhang Tao wanted to flatter him by saying "knowing people and making good use of them", but after thinking about it, he felt that this phrase was inappropriate, so he replied with a smile:
"Mr. Fan's investment vision is really amazing. He made several times the money by investing in Penguin Group and made hundreds of millions of dollars by incubating a short video website in Silicon Valley. I think Tudou will take off sooner or later. When fiber-optic broadband starts to replace telephone lines and network transmission speeds increase, I estimate that all the audio and video stores and TV stations on the street will go bankrupt, just like digital cameras replaced film."

Xiao Ma Ge chatted:

"Technological development will definitely have an impact on society. Just like after QQ became popular, many young people had never written a letter before. It is much more time-sensitive than sending a letter. Audio and video stores may go bankrupt, but TV stations probably won't. Many news websites are already controlled by foreign countries. Who dares to let others completely control the discourse power of TV stations again?"

"After some people get rich, they set up a club today and a group tomorrow. I think they will get into trouble sooner or later."

"In this regard, they are not as clear-sighted as Mr. Fan. I think the future of Tudou.com will probably exceed the imagination of many people."

As early as a few days ago, Fan Wumian took the initiative to contact Xiao Ma Ge to discuss the matter of letting Penguin Group raise funds for Tudou.com.

However, it is not participating in the first round of financing. Instead, it will wait until Tudou.com is short of money and then release 10% of its equity to Penguin Group.

Originally, Pony Ma was wondering who had such a big reputation as to have surpassed Penguin Group and seized the right to the first round of financing. Later, he found out that it was the central bank that took the lead and provided funds together with several satellite TV stations. This is completely irrelevant.

After hearing this, Xiao Ma Ge only praised Fan Wumian for his ability, and agreed without hesitation to stand aside for a while, and wait until Tudou.com needed him one day in the future, and then he would help and get close to him.

Having been in business for so long, Pony Ma rarely has full confidence in a particular Internet company. However, in his eyes, Tudou.com, which is backed by several major mainstream TV stations, has almost no possibility of failure.

Once the financing plan is approved, this entrepreneurial track will probably be dominated by Tudou.com. Thinking of this, Pony Ma observed a few seconds of silence in advance for the group of people who were busy setting up the video website.

Since the Internet market can accept foreign investment, market-oriented capital investment, and even retail investors, then accepting official funds does not seem to be a big deal.

If possible, Pony Ma even hopes to have official funds invested in Penguin Group, so that it will be easier to ask for help and protection while doing business in an honest and legal manner.

If he thinks more broadly, he even feels that once Tudou.com's first round of financing is successful, there will probably be more similar examples in the future.

Fan Wumian just met Brother Xiao Ma this morning and asked him to help introduce some people from Shenzhen’s state-owned enterprises, hoping to have the opportunity to help them manage their idle funds.

In Xiao Ma Ge's opinion, with Fan Wumian's keen business sense, he might be able to help those state-owned enterprises cross the river by feeling the stones and invest in and incubate some powerful Internet companies.

Of course, the prerequisite is to obtain the above permission. In order to avoid asset loss, the desire for stability, regulatory restrictions and other factors, investment in high-tech industries has always been cautious.

Tudou is different. As a new type of media company, in order to eliminate many potential negative impacts, it is likely to be given special treatment and raised funds and shares in the name of "strengthening supervision."

Looking back now, Xiao Ma Ge deeply admires Fan Wumian's courage.

After all, if I cause these TV stations to lose money, it would be like slapping the horse's leg hard. It will be difficult to end it without giving an explanation. (End of this chapter)