My Age of Investment

After a few days.

The 36th floor of China Merchants Building, Beijing.

meeting room.

"Everyone can take a look. This is the homepage of Youku website. There are advertisements for 58.com, Kuwo Music, Bitauto, and Duoduo."

Yang Haoyong sat on a chair, manipulated the mouse, and kept clicking on various pages of the Youku video website.

Behind him stood four people including Li Xiang, Wang Wei, Zhang Tao, and Xie Zhenyu, all looking at the computer on the table without blinking their eyes.

"Shacao, these guys really formed an alliance, and there are also diversion advertisements from four other websites on Bitauto."

While speaking, Li Xiang turned his head to look at Xia Jingxing who was sitting opposite.

Not convinced!

Mr. Xia is really good at predicting things, or the source of information is extremely rich.

"There are also diversion advertisements on Kuwo Music."

"The same goes for 58 City."

"The same is true for many reviews."

The other four all turned their attention to Zhang Tao who spoke last.

"What's the matter?"

Zhang Tao saw his friends looking at him in surprise, and asked with a smile.

"that……"

Wang Wei, who was closer to Zhang Tao in Shanghai, stammered and asked, "Dianduo Duoduo is not dead yet? Didn't they all lose the second trial? Are you planning to take the case to the Supreme People's Court?"

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Yang Haoyong, Li Xiang, and Xie Zhenyu also looked at Zhang Tao, hoping to hear the answer from the other party.

The case of the two major commentaries has spread widely, and they have all heard of it.

Zhang Tao took a long breath, shook his head, and said in a rather sad tone: "The lawsuit is won,

Duoduo Dianping also lost money to us.

But they can't force them to shut down the website, and if they lose money, this matter will be over.

Two days ago, Sequoia Capital and several leading institutions also invested in Duoduo Dianping for a round.

Although a lot of equity has been diluted, Duoduo Dianping has survived.

If this trend continues, it may become our number one enemy. "

After all, Zhang Tao pretended to glance at Xia Jingxing casually.

The latter seemed to have not seen it, picked up the teacup, blew on it gently, and took a sip.

"It's okay for Sequoia, but why are Legend Capital, IDG, and Manzi Fund here to join in the fun?"

Yang Haoyong frowned, looking puzzled.

"It's because of profit!"

Li Xiang expressed his opinion: "These five companies represent five different Internet sub-sectors: online video, online music, classified ads, car information, and local life.

Everyone has no competing interests.

If they cooperate to form an alliance, each of them can defeat competitors in their respective segments. "

Wang Wei took over, "That's right, compared with these opponents, we are the leaders, and we can't beat us by conventional means, so naturally we have other ideas."

"I don't think we should take it lightly. The lion fights the rabbit with all their strength, and they are obviously prepared. There are several institutional shareholders standing behind each of them."

After finishing speaking, Yang Haoyong glanced at the four people around with a serious expression, "They can form an alliance, and I suggest that we can also form one."

"I support!"

Zhang Tao was the first to take the lead in expressing his support. Unlike others, he commented a lot on his competitors, hated him deeply, and wanted to destroy the company humanely.

"I also support it. It's just that Autohome's development is slower than that of your big brothers. You are the number one in your respective tracks, and our Autohome is only ranked in the top five in the industry."

Li Xiang smiled embarrassingly, "If we cooperate, it may take a lot of advantage from everyone.

Otherwise, let's compensate a little advertising fee to everyone, shall we? "

"Xiangzi, you are too outrageous for saying this!"

Yang Haoyong frowned and looked at Li Xiang with displeasure.

Both of them are in the capital, and they have more contacts, and their relationship is closer.

Wang Wei hesitated for a moment, then smiled and said: "Yes, it's too alien, we are all friends, don't mention money.

Our Tudou.com also joined, and the big guys came here to place advertisements casually. "

After finishing speaking, Wang Wei took a special look at Xia Jingxing.

The latter still didn't lift his eyelids, trying to play with the teacup in his hand like an antique.

Of the five people present, the only one who did not express his opinion was Kugou's Xie Zhenyu.

He met the four pairs of eyes, turned his head to look at Xia Jingxing, pondered for a moment, and replied, "Okay, Kugou will join too!"

Yang Haoyong smiled faintly, "Since we form an alliance, we need a leader. I think it's more appropriate for Mr. Xia to be the leader. What do you all think?"

"I agree!"

"agree!"

...

After the five people reached an agreement, Yang Haoyong said cautiously: "President Xia, I'm afraid you have to preside over this matter."

The other four looked at Xia Jingxing with complicated eyes.

Gently put down the teacup, Xia Jingxing finally raised his head, and said calmly, "It's all discussed, right? Why don't you work harder and discuss the details of the cooperation again."

All five of them lowered their heads in shame, especially Wang Wei and Xie Zhenyu, whose heads were the lowest.

Xia Jingxing also did not expect that it would be so slow to form an alliance.

He had informed the five people before that they should beware of competitors.

As a result, few people paid attention to it.

It wasn't until the first day of junior high school that the alliance made a move, and these people felt the pressure and began to form a group.

The society is very simple, but the people who are complicated are always so unable to stand the test.

Each of the five companies invested by Envision Capital has a high shareholding.

There are few such as Kugou, which holds 25% of the shares.

There are many such as Tudou, which holds 33.33% of the shares.

But after all, it is not a subsidiary company. It is normal and realistic for each company to have differences in terms of interest demands.

Autohome has entered the top five in the industry, and Ganji and Dianping are valued at tens of millions of dollars.

The valuation of Tudou has approached 100 million US dollars, and video is also the best advertising carrier.

Although Kugou’s valuation is only 200 million yuan, it has a large number of users. At the same time, it has an external shareholder like Zhou Hongyi, who is least affected by Envision Capital.

The five companies forcibly formed an alliance, and there are too many interests that need to be balanced and coordinated.

Just an advertising cooperation and exchange agreement is a roadblock.

Therefore, he did not interrupt at all today, and let a few people discuss by themselves.

The only gratifying thing is that a few people have not been blinded by interests and woke up in time.

"If I'm the coordinator, will you listen to me?"

As soon as Xia Jingxing finished speaking, the five of them nodded in unison and replied in unison: "Yes!"

"Then the first task for you now is to finalize the cooperation agreement within an hour."

After finishing speaking, Xia Jingxing held the teacup, opened the door without looking back, and left the meeting room, leaving behind five people who were looking at each other.

After waiting for an hour, Xia Jingxing came back with a teacup.

"Has the negotiation come to fruition?"

Xie Zhenyu nodded at Xia Jingxing, "It's been discussed."

"Since the discussion has been made, then arrange the implementation as soon as possible without delay."

Xia Jingxing reminded: "The momentum of the competitor's attack may be more ferocious than you imagined, so you must be mentally prepared."

"President Xia, do you...have any inside information?"

Xie Zhenyu asked boldly.

Xia Jingxing glanced at Xie Zhenyu, who laughed twice.

"Think about it with your brain. You can see how many venture capital institutions are behind these five companies. Just count them and you will understand."

It is naturally impossible for Xia Jingxing to disclose the situation of "Kite", who is now in single-line contact with him to ensure the safety of the other party.

Looking at the five people, Xia Jingxing began to beat: "The few of you, except for Auto Home, are all leaders in their respective fields.

But arrogance can easily destroy the lead you have built.

Now most of the leading venture capital institutions in China are standing on the opposite side of you. It is conceivable that once the development momentum is caught up, what terrible things will happen.

Don't think that VCs don't "chasing ups and downs". If you fall behind, your opponents will naturally increase their chips until they win the entire gambling table. "

The five people had serious faces, and they were all thinking carefully about Xia Jingxing's words.

Xia Jingxing didn't criticize these five people too much, after all, most of the formation of the Junior One Alliance was due to him.

The five people in front of them boarded Envision Capital's thief boat and were labeled Xia Jingxing's party.

I don't know whether to say it is lucky or unlucky.

"President Xia, what is the name of our alliance?" Li Xiang asked in a low voice.

"Fifteen Alliance!" Xia Jingxing blurted out directly.

The five of them were all stunned, isn't it too casual?

Perhaps Vision Capital is the "one" in the front, and the five of them are the "five" in the back.

But they didn't dare to ask too much, they just did what the investors said.

Although it is only a naming right, it can be seen that Xia Jingxing's accumulative prestige is getting stronger and stronger.