My Age of Investment

Hearing Xia Jingxing reveal his purpose, Qi Xiangdong had such an expression on his face.

Zhou Hongyi didn't intervene, and was thinking quietly on the sidelines.

Qihoo is currently managed by Qi Xiangdong. He only invested a little money, and his current focus is on angel investment. In addition, he also serves as an investment partner of IDG.

For Qihoo, Zhou Hongyi is not particularly optimistic at the moment.

Because Baidu and Yahoo China are already very strong, and Google is about to enter, this track is already too crowded.

Let Qi Xiangdong toss about the company first, and if the business improves later on, it won't be too late for him to join full-time.

Now that he heard that Xia Jingxing wanted to invest in Qihoo, he was quite happy in his heart.

He knew how strong Xia Jingxing's financial resources were, and Qihoo's ability to attract investment from such a golden baby was definitely good news.

It's just that he is more shrewd, no matter how happy he is in his heart, he can't show it on his face, otherwise it will be bad for the next negotiation.

Qi Xiangdong and Zhou Hongyi had the same thoughts, knowing that Xia Jingxing was rich, he was happier in his heart, but he didn't show it on his face.

Seeing that the two of them were silent, Xia Jingxing asked, "How is it? Envision Capital invested in Qihoo, and you use the money to speed up product development.

If it drags on, Google will also come in, and the competition will be greater and more difficult. "

Qi Xiangdong said with a smile: "As you said, Mr. Xia, Qihoo is targeting blank areas, community searches. Whether Google enters or not has nothing to do with us.

At present, Qihoo has developed the product and it will be launched next month. It is a BBS search engine.

The representative search engines in the WEB1.0 era are Baidu and Google. Although they are doing very well and are very large, real estate searches, shopping searches, and travel searches are like grasses that burn endlessly, emerging one after another.

As for community search, it has always been a blank area to be developed. "

Xia Jingxing knew that the other party was a little bit "waiting for the price", it was normal, a deal in a hurry is not a good deal.

So Xia Jingxing also kept silent about the investment, and started to accompany the other party in circles.

"We know that when a company's growth starts to slow,

They'll go after the new fat. "

Xia Jingxing spread his hands, "If the giants don't build their own moats before they enter this subdivision field, or if they don't build it stably enough, it will be broken at the first shot."

Qi Xiangdong smiled, "Actually, Qihoo's development has not been slow, and all the people are from Yahoo China, and they are very skilled in search.

And because it is an old team, it can be used immediately without training.

So in terms of efficiency, we are still very efficient, and we will never give any competitors a chance. "

Zhou Hongyi interjected, "In terms of funds, I have a little money left from selling 3721, and I can support Qihoo anytime.

In addition, I am still working at IDG, and they have been paying attention to Qihoo's development. "

The two sang together, one said the team was awesome, and the other said the money was not bad. Isn't this just acting for yourself?

Xia Jingxing knew very well that veterans in this industry were not easy to deal with.

Especially for someone like Zhou Hongyi who has two bad money, it is even more impossible to use money to stun each other like a grassroots entrepreneur.

Of course, throwing money here means within a reasonable range. If it really cost 100 million U.S. dollars, Xia Jingxing believed that the two of them would probably sign the contract without saying a word.

But in this way, in terms of the rate of return, it is a disadvantage.

It is also easy to send a signal to the outside world. If people are stupid and money comes in quickly, it can certainly attract more projects, but entrepreneurs are expected to follow suit, and all the lions will open their mouths.

It can leave an impression of "proudness" on the outside world and entrepreneurs, which is mainly reflected in the speed of money transfer, investment amount, etc., but it must not be labeled as "stupid".

Xia Jingxing accompanied him around for more than an hour, but the dishes were cold, and no substantial progress had been made.

This made him a little impatient, because if it dragged on, after Qihoo launched anti-virus software and security guards, it would not be the current valuation.

Qihoo company started to do community search, and wanted to survive in the cracks of search. Security guards, browsers, rogue software family barrels, etc. were all launched later.

The current Qihoo is nothing extraordinary, just a speculative and experimental company with a dim future.

Even so, Zhou Hongyi and Qi Xiangdong are still very attractive, they look like they are not short of money, and a lot of capital is attracted to me.

The drama is a little overdone!

Xia Jingxing hinted that he should not be impatient, adjusted his mentality and tone, and said, "For a company that has not officially launched its products to the market, the pre-investment valuation of US$5 million is not low."

Zhou Hongyi smiled lightly, "Mr. Xia, I'm not boasting, my old Zhou alone is more than this price."

Xia Jingxing said in a choked voice, "Aren't you a partner in IDG?"

"That, hey!"

Zhou Hongyi waved his hand, "You are in this line of work yourself, so you should know how much water is in it.

Just like a franchisee, you can leave if you want, stay if you want, it is not mandatory.

As long as I want to leave, I can join Qihoo next month. "

Speaking of this, Zhou Hongyi said with a "hehe" smile: "I actually just went in to learn how to play the system, so that I can do angel investment in the future.

Otherwise, they don’t even know how to evaluate the project, and they don’t understand the technical terms. Such an angel investor will lose his share if he goes out! "

Xia Jingxing noticed that the other party's hooliganism had relapsed, and he silently mourned for IDG for three seconds. He thought he was recruiting a bigwig in the industry, but turned out to be a bastard.

Not only the experience is mixed, but also the chaos is often added.

At that time, Huang Xin was going to invest in Xiaonei.com, and when he came to Sequoia Capital, Shen Beipeng was away, so he entrusted Zhou Hongyi to show it to him.

As a result, Zhou Hongyi said that Huang Xin and the turtles whose eyes grew to the sky were not here to solicit investment at all, but to give charity.

So, the project is yellow!

Later, Huang Xin clarified: It was the first time I met a venture capitalist and I was too nervous.

Xia Jingxing thought for a moment, then replied, "Then you guys want to make a price?"

Zhou Hongyi's eyes lit up, and he exchanged a glance with Qi Xiangdong, both of them had smiles on their faces, they were just waiting for this sentence.

Qi Xiangdong compared two fingers, "Twenty million US dollars, pre-investment valuation!"

Xia Jingxing smiled and said nothing, he really regarded himself as an amateur, he dared to offer any price.

"The quotation gap between our two parties is a bit big, let's both think about it again!"

After finishing speaking, Xia Jingxing made a gesture of getting up, as if he wanted to leave.

Anyway, I found out about Qihoo's situation today, and met the two founders face to face, and the most basic goal has been achieved.

He just recalled that Qihoo should be several months away from taking off, and there is a lot of time to grind the price in the middle, so there is no need to rush.

Seeing that Xia Jingxing was about to leave, Qi Xiangdong glanced at Zhou Hongyi.

The latter shook his head lightly, signaling Qi Xiangdong not to stop him.

Xia Jingxing also left very slowly, first he turned around and tidied up the suit jacket hanging on the chair.

The coats are all tidied up, why don't you keep me?

OK!

Xia Jingxing pretended to be digging around in the pocket of his suit jacket again.

After digging out for a long time, I finally got the business card box, took out two bronzing business cards, and handed them to the two.

He smiled and said, "You two, this is my business card. I will keep in touch with you in the future. Thank you for your hospitality today. I have something to do tonight. Let's go first."

Only then did Zhou Hongyi and Qi Xiangdong pretend to have reacted, and began to persuade them to stay.

Especially Zhou Hongyi, who shouted loudly: "Mr. Xia, let's go now? Shall we have afternoon tea together? Let's have a massage or something in the evening."

"Haha, press it!"

Xia Jingxing waved his hand and left with a smile on his face under the watchful eyes of the two.

When he walked past the front desk, Xia Jingxing thought about it, and even took the initiative to settle the bill.

He wanted to give them a reason to invite him to dinner next time.

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