Reinventing the Millennium

Chapter 749: Clearly Displaying the Truth

Sequoia Capital pushed Zhanzuo.com to surrender, which was beyond many people's expectations.

Especially Wang Xing, when he received a call from Zheng Lang, senior vice president of Sequoia Capital, he once suspected that it was a scam call. Although Zhanzuo.com had just been established, the founder Zhang Fan and his wife also came back from the United States. Why did they change their flags so quickly?

Since returning from Shanghai for the second time, Wang Xing felt that he thought more about things than before and was more sober.

When he confirmed the identity of the other party on the phone, he realized after just two sentences that the call was made by Zheng Lang instead of Zhang Fan, which meant that the initiative of this decision was likely to be more in the hands of the former.

If this is the case, Sequoia Capital should have invested in Zhanzuo.com when it switched to Zhanzuo.com, and now it should have invested in the acquisition case... Both are quite surprising and decisive.

But isn't Zhanzuo.com being coerced by the institution?

Wang Xing felt a chill in his heart that the entrepreneur was sad because of the death of the rabbit.

He was careful about his attitude during the call, and only asked Zheng Lang at the end: "Mr. Zheng, I don't know if I should ask this, but has Zhanzuo.com considered Penguin?"

Zheng Lang said simply: "No, this matter was quickly settled after communicating with Mr. Fang."

He didn't wait for Wang Xing to continue asking, and explained his reasons: "I have dealt with Mr. Fang a lot, and he is actually a straightforward person. Even if I ask Penguin, it's almost the same, but Penguin's traffic strategy is too domineering, eating both meat and soup."

Penguin eats alone. Sequoia Capital invested in Lianzhong before, but it went from prosperity to decline after Penguin entered the market. This is undoubtedly a big loss.

Mr. Fang is still good, and he can play with him to some extent.

In addition, Zheng Lang also has a personal consideration. Sequoia has established a Sequoia Huaxia in China, and he is also considering becoming a domestic partner. He feels that Mr. Fang, who has dealt with many times, is more compatible.

Wang Xing chatted a few more words on the phone and made an appointment to meet to discuss more detailed acquisition matters.

After he ended the call, he thought about it and called Mr. Fang to ask about the handling of this acquisition.

After all, this is more of a gain brought by Mr. Fang's personal resources.

"Oh, Mr. Wang, I didn't expect that Zhanzuo.com would come to me. Since they think this is a better way to develop, then incorporate it into Xiaonei.com, and you can use this team to consider the domestic office white-collar group relatively independently."

"You are the president of Xiaonei.com, and the handling of this matter still depends more on your opinion."

"There is just a small point that needs to be paid attention to. Mr. Zheng Lang and I are old acquaintances and old friends. He is one of the investors I admire most in China. If he comes forward with Zhanzuo.com, Mr. Wang can also make friends."

Fang Zhuo does not intend to intervene in specific matters. It is enough to have a leading role in this small acquisition.

But he is a person who cherishes old feelings. The first investment in Guahao.com came from Zheng Lang, and after the "incident", it was not Zheng Lang who came forward on behalf of Sequoia to participate in the siege of Henglong 23. This friendship has been going on for quite a long time.

Of course, that kind of affection can't be used to bargain, but it's okay to pay more attention to it in private.

Wang Xing understood what Mr. Fang meant and agreed without hesitation. Even without Mr. Fang's words, he would handle all aspects of the acquisition beautifully, because this is definitely good news for Xiaonei.

When Wang Xing soon met Zheng Lang and Zhang Fan, the founder of Zhanzuo.com, he found that he didn't have to think about how to make efforts himself, because Mr. Zheng and Mr. Zhang invested very well.

However, perhaps because they felt that Zhanzuo.com ended so quickly, two executives who Zhang Fan had worked hard to recruit resigned, and therefore, the news that Zhanzuo.com was acquired by Xiaonei.com spread in the industry.

First it was financing, then it was acquired.

Xiaonei.com, which was originally very miserable, showed a different style in a short period of time, and its appearance before and after was completely different.

Many people who care about the development of the industry or like to watch have a similar feeling. This is the battle between giants. The rapid acquisition of Zhanzuo.com is definitely not something Wang Xing can do. It is definitely driven by Mr. Fang.

The momentum of the campus network was greatly boosted.

But the QQ alumni of Penguin did not remain silent for too long. They carried out regular but large-scale promotion and publicity. The names of QQ alumni can be seen in search, forums, and campuses, but what worried the campus network the most was the obstruction of its own offline promotion.

Sina settled in, and the mature team led the newcomers, and directly divided the work scope according to the domestic market.

Among them, Pengcheng, a reformed city, is also a top priority, but the campus network team in Pengcheng encountered a problem they never thought they would encounter. Several universities rejected their promotion in the school, and the reason they used was that they were informal cooperation units.

The people of the campus network were confused. Since they were informal units, who were the formal units? How to identify them? What are the standards?

As a result, the person in charge of contacting a university really gave an explanation.

Last week, Guangdong Province and Pengcheng established an organization of the Social Network Industry Development Association, which was connected with a group of universities in the region. According to it, the QQ alumni in the formal organization and the 5Q network of Qianxiang Group are formal members who keep user information confidential and promote industry development.

If you want to cooperate with universities, you must first have the status of a formal member, and Xiaonei.com, which came from the north, is naturally not suitable.

Unconsciously, when Xiaonei.com acquired Zhanzuo.com, QQ Alumni and 5Q.com came together.

Unlike Zhanzuo.com, which was acquired, Chen Yizhou of Oak Pacific Group wanted to struggle in the social network field and chose to cooperate with Penguin.

Xiaonei.com was shocked and dissatisfied with Penguin's unknowing establishment of a so-called industry association and the creation of standards, and Wang Xing's attempt to talk to the relevant business manager of Penguin was also ignored.

In Wang Xing's view, this is a more fatal and unfair business competition than traffic advantage. Regardless of the current website user scale or influence, Xiaonei.com, with 800,000 users, is definitely a member of the industry that cannot be ignored.

If a so-called industry standard is to be established, the voice of Xiaonei.com must and should be taken seriously.

However, Penguin ignored or deliberately ignored the voice of Xiaonei.com.

And, it used a high-priced and exclusive cooperation in the publicity field it could touch.

After Penguin started to compete openly, Xiaonei.com and the team stationed in Sina felt the pressure of the traffic giant. This is not only about traffic, but also about the difference in treatment of local inclinations.

Wang Xing felt helpless about this. At this time, Wang Gaofei did not hesitate to ask for help from his own company. He also wanted to let the three portals of the old era talk about the strategies of the giants in the new era, trying to exert pressure from public opinion.

There are three friends' gatherings tonight, and they also brought four children. It will end tomorrow, and I will write more during the day.

Chapter 750/1468
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Reinventing the MillenniumCh.750/1468 [51.09%]