Vol 6 Chapter 462: smart people

Sun Zhengyi met Chief Yang in the United States, and Feng Yiping was not idle in China.

After having a big meal with the leaders of five provinces and cities, he met Chen Yizhou, the owner of Renren.com, who came to Yangcheng specially.

Renren.com, formerly known as the school intranet invested by Zhiben Capital, was acquired by Qianxiang Interactive under the name of Chen Yizhou in the fall of 2006.

After the acquisition, it was quickly renamed Renren. For this reason, some wealthy President Chen was slightly unnatural when facing Feng Yiping.

During the school intranet period, the main focus was on social networking in the university. Now that the name is changed, as the name suggests, it is natural to face the whole society.

This is equivalent to fully imitating Facebook's routines once again, so when he saw Feng Yiping, he really meant Li Gui to Li Kui.

But Li Kui was unexpectedly kind, "Welcome to Mr. Chen, I'm sorry to trouble you to go all the way,"

Feng Yiping looked at the pioneer in the domestic Internet field and felt a little bit emotional.

Most of these people who are now starting their businesses on the Internet in China will shine in the future. Only a few are gradually forgotten by the public.

Mr. Chen, who still looks quite young in front of him, is one of them.

Speaking of it, this thing really shouldn't.

First of all, Mr. Chen, himself is a very smart person, and he even got the seal of Zhou Dapao, who has always been awkward.

Although he was not as dazzling as his classmate Rebs in the early days of his career, he is still judged by many people as being smarter than Rebs.

Also, speaking of it, he was earlier than Feng Yiping in socializing.

In 1999, he founded ChinaRen, which is also known as Alumni Record. In 2000, he sold it to Fox Factory for about 30 million U.S. dollars. He even became the vice president of Fox Factory.

But how can such a smart and capable person work for someone?

So soon he started his own business again, established Qianxiang Interactive, and invested and acquired a series of companies.

In his acquisition, the school intranet was not considered the most expensive, but it was his most successful project later.

Under the banner of China's Facebook, it was successfully listed in the United States. At that time, its market value surpassed many well-known companies in the domestic Internet industry. Reluctantly, it seemed that the peak was coming fast and going too fast.

Feng Yiping didn't know the relevant reasons, and asked them to collect some information this time. In the end, Feng Yiping felt that Mr. Chen's enthusiasm for stocks might be a reason.

He also vaguely remembered that afterwards, he seemed to see someone complaining about his experience in investing in stocks at his company's press conference.

Maybe some of him are too keen on stocks, and some of his main business is abandoned.

This seems very unrealistic, but for a smart person like Mr. Chen, such a thing is really possible.

Smart people are all confident and believe that they can handle more things at the same time.

There is another gain from this investigation. At present, Mr. Chen is not the only one who is very interested in stocks in domestic Internet circles.

It turns out that Xiao Ma and stocks are actually quite related.

He used to think that the first software product in Ma's life should be QICQ, wrong!

The first software in my life is a stock analysis software.

It was a piece of software he wrote when he was intern at the unit before graduating from university.

That software was later favored by the company where he was intern and sold for 50,000 yuan.

When Lao Ma saw the news, he was a little silent, because it was 1993.

In the previous year, Ma taught at the university, and his monthly salary was 90 yuan! ——Heart!

So looking at this President Chen at this time, Feng Yiping wanted to ask, which stocks did you actually buy, did you hear the wind and bought Google stocks?

If Mr. Chen had bought it back then, this meeting might go smoothly, because Feng Yiping has already brought him a lot of benefits.

"I can't ask for a chance to communicate with General Feng. Even on the moon, I have to find a way to rush over," Mr. Chen felt relieved by Feng Yiping's attitude.

"It is said that if Mr. Feng you also auction lunch, you will easily break Buffett's record, so I am honored and grateful to have this opportunity,"

Mr. Chen also inquired about it before coming, so he knew that Feng Yiping's fund, the founders of those companies investing in China, he had never seen a single one.

From the origin of the school intranet, this should be the first time Feng Yiping met the person in charge of the company he invested in.

"Mr. Chen, you are polite, so let's talk about the business first, and then talk about other issues when we have time."

"President Feng, please tell me,"

"Mr. Chen, we know that SoftBank is currently seeking to invest in your company. For some reasons, I think, can I request you and refuse SoftBank's investment. Of course, we will fully meet the funds your company needs, and the conditions are also complete. You can compare the terms negotiated with SoftBank," Feng Yiping said straightforwardly.

"We believe that Jiasheng can also fully satisfy the other assistance that SoftBank can provide to the head office of Chen," Fang Yingzhi added.

"I fully believe this," Mr. Chen said immediately, "I am also very happy to receive your investment from Mr. Feng."

The current Feng Yiping is not the old Feng Yiping.

He not only has money, but also soft power.

"It's just that I have two questions," Mr. Chen thought for a while.

"Chen, you say,"

"First of all, I don’t shy away from it. Everyone knows that everyone on the net is exactly the way you founded Facebook, Mr. Feng. So speaking, everyone will invest in me, but Mr. Feng, you will be a little unhappy. "

"This is a good question," Feng Yiping smiled.

"We naturally know this, but one thing, President Chen, you must be very clear. Although we have done a lot of work, until now, Facebook is still facing many difficulties when it enters the country."

"In the beginning, we didn't think about developing the same product in China, so," he spread his hands.

"I understand, I understand," President Chen nodded repeatedly, "That's because you don't want to compete with us,"

Before Feng Yiping spoke, Fang Yingzhi added with a smile, "In this regard, President Feng is actually the most enlightened. In my opinion, what he is pursuing is the prosperity of domestic Internet companies, not our dominance."

"For example, the companies we currently invest in include many Internet companies that engage in the same business as us."

Feng Yiping waved his hand, "How can I be so good, I just think that the more people join, the bigger the cake will be."

"No, no," Mr. Chen waved his hand, "Mr. Feng, you do have an extraordinary mind. At least, if I am in your seat, you will never be able to do such a thing."

"Who is afraid of more competitors?"

"Exceeded awards," Feng Yiping smiled, "There is another point. It is also because of the reasons that you considered, Mr. Chen. If you agree, we will make this investment in the name of other institutions."

Fang Yingzhi added, "But this will never affect our support for other aspects of your company."

President Chen thought for a while and said immediately, "I fully understand your concerns,"

His Renren.com is actually a competitor of Facebook, even if it may be a competitor of Facebook in China, and it is difficult for Facebook to enter the country.

If such news is announced, it will definitely be greatly affected when Facebook goes public in the future.

"I have no problem with such a workaround,"

"Thank you President Chen, what about your other question?"

"Mr. Feng, you can also understand that our future goal for Renren is to go public in the United States, but if we suspend the talks with SoftBank now, will it add additional difficulties to us by then?"

"After all, SoftBank and Wall Street have cooperated many times~www.wuxiaspot.com~In the United States, they have also invested in many companies,"

He saw Fang Yingzhi's face change a little, and he said quickly, "What I say is not that I dared to offend Mr. Feng, but not SoftBank. The main reason is that we contacted SoftBank first. Frankly speaking, the progress is very smooth. , In fact, you could sign a contract next week..."

"I understand, I understand," Feng Yiping interrupted him with a smile, "Let me tell you this, President Chen, SoftBank has long been inferior to me in terms of influence on Wall Street, and will be even worse in the future."

"So you can rest assured that after Renren meets the requirements for listing, the road to listing will be very smooth."

Mr. Chen really smiled this time, "I don’t have any problems, and your investment is welcome, Mr. Feng."

"So, happy cooperation!" Feng Yiping smiled and held his hand.

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