My Age of Investment

Xia Jingxing's wink was all thrown to the blind man, and Wang Wei kept silent.

This made Xia Jingxing a little irritable, he analyzed it a little and guessed that the other party might have misunderstood his arrival.

"Facebook invested in a social network called Youyoumi in China, have you heard of it?"

Wang Wei nodded, "I've heard it, and the domestic media also reported that Youyoumi had won a multi-million dollar angel round of investment."

Xia Jingxing smiled lightly, startups are all virtuous, one million dollars in financing, and they like to announce that they are millions of dollars;

Multi-million dollar investment, like to announce nearly 10 million dollars;

Sometimes the unit of US dollar is converted into RMB.

Just one purpose, to make the amount of financing appear larger, and to achieve better publicity and momentum.

Xia Jingxing said, "As Facebook's peers, Facebook dares to invest in them. Do you know why?"

Wang Wei shook his head, he was also very puzzled, isn't Youyoumi not afraid of leaking core secrets to potential competitors?

For a mere million-dollar investment, as for the whole thing?

Xia Jingxing explained, "This is because we reached some agreements with them."

Wang Wei became interested and asked, "What agreement?"

"Facebook will not enter the Chinese market in the next few years, and will not form a competitive relationship with Youyoumi.

This is because outside China, there are six continents markets including North America, Europe and Asia.

Occupying developed regions and countries first is our top priority.

If Facebook enters China in a few years, Youyoumi should also grow up.

At that time, Facebook will not be able to threaten Youyoumi, and there is a high probability that everyone will sit down and talk, and cooperation is better than competition. "

Xia Jingxing paused and continued: "In addition to Facebook and YouTube, I also have a company called Envision Capital, which includes venture capital funds.

This fund has invested in startups such as LinkedIn, Tesla, Ganji, and Frame Media. "

Wang Wei was surprised: "In addition to starting a business,

Are you still doing VC? "

"Yes, I think this is a very interesting thing, to discover companies with potential, to invest in them, and to help them grow. Let's go to ring the bell together."

Xia Jingxing knew that Wang Wei might be worried that if he accepted his investment, Tudou would be controlled by YouTube.

This is also the disadvantage of starting a business and investing at the same time, and the identity positioning is doubtful.

If he was an entrepreneur himself, he would have to carefully consider the investment from his peers.

Xia Jingxing guessed right, Wang Wei probably did have this concern.

Shortly after YouTube was launched last year, Wang Wei noticed such a website. Before starting his business, he also specially studied YouTube.

Xia Jingxing suddenly came to the door today, he thought that his plagiarism plan was known by the righteous master, and came to the door to ask for an explanation, which shocked him a lot.

In the previous life, Wang Wei founded Tudou, which was inspired by the photo social networking site Flickr.

He thought about converting pictures into videos, so that users can share their own videos on the website, which is as simple and fast as sharing photos.

In this life, the early appearance of the tubing allowed Wang Wei to see a clearer model and more mature ideas.

This made him think a lot less, but it also put a psychological burden on him, feeling that he copied YouTube.

He understood what Xia Jingxing meant. He wanted to use Vision Capital to invest in them, instead of using Facebook or YouTube as the main investment.

But even so, some things cannot be avoided. Xia Jingxing is also a shareholder of Envision Capital and YouTube.

There is no essential difference between accepting oil pipeline investment and accepting investment from Vision Capital.

He always has a vigilance, even fear, for the oil pipe.

Wang Wei made up his mind. For the sake of safety, it is better not to accept the investment of Vision Capital, so he euphemistically expressed his meaning.

"Actually, I worked for a few years before, and I also saved some savings. At present, our website has not been launched, and we are not in a hurry to raise funds for the time being."

Xia Jingxing frowned, you are so vigilant? You were also exploited by your ex-wife?

He did not easily give up the idea of ​​investing in Tudou because of Wang Wei's euphemistic refusal. He simply stated, "Youtube will not enter the Chinese market in the future!"

Wang Wei didn't quite believe it, and said with a smile: "Now that Microsoft, Yahoo, Amazon, Google, and eaby are all entering the Chinese market, YouTube directly abandons the Chinese market?

Even if you agree, investors will not agree! "

Xia Jingxing shrugged, no one believed the truth.

In fact, it is normal to be misunderstood by the other party.

At present, American Internet giants have not been beaten by the iron fist of socialism, and they are staking their horses in the Chinese market.

He said that directly abandoning the Chinese market does not conform to the current logic.

In a few years, he doesn't need to explain too much, everyone who understands will understand.

Xia Jingxing smiled, changed his words and said, "The future is hard to say, but at least in the next three years, I will not consider entering the Chinese market.

Just like Facebook, there are more valuable regions and countries waiting to be captured by YouTube.

Facebook and YouTube have not yet hit the growth ceiling, and there are too many markets for us to choose from. "

Wang Wei nodded and did not speak.

Xia Jingxing watched the other party's reaction, and he should still doubt himself, so he quickly thought about countermeasures in his heart.

Zhang Chenguang sat beside him like a statue, motionless.

For a while, no one spoke, and the atmosphere in the whole room became awkward.

It didn't take long for Xia Jingxing to break the embarrassment and asked, "Your website should be online soon, right?"

"Yes, if it's fast, it will be online at the end of the month."

There is nothing to hide, Wang Wei explained it generously.

Xia Jingxing remembered that Tudou was only launched in April in his previous life. It seems that because of the early appearance of YouTube, Tudou was launched two months earlier.

He continued to ask: "After going online? Have you considered how to grow? And the terrifying consumption of bandwidth resources?"

Wang smiled and said: "I have worked in foreign capital for a few years, and I know some investment institutions. As for growth, we can only take it slowly and move forward through exploration."

Xia Jingxing knew that what the other party said was true. This man was not a grassroots entrepreneur, with a resume from a famous school and a famous enterprise.

He holds a master's degree in computer science from Johns Hopkins University, which ranks in the top ten in the world, an MBA from INSEAD, which ranks second in the world and second only to Harvard.

Bertelsmann is a century-old German company, mainly engaged in media business such as television, radio, magazines, and book publishing.

Its business volume in China is very small, and the famous Bertelsmann China Investment Fund has not yet been established.

Therefore, the gold content of this Chinese CEO is not very high, but it is not too low. There is absolutely no problem with some investment institutions and familiar faces.

It was precisely because he had good network resources in his hands that Wang Wei dared to reject Xia Jingxing so unthinkingly.

He also knew that Tudou would need a lot of money in the future, but without Vision Capital, Tudou would not be able to raise capital.

Xia Jingxing felt a bit of a headache, and he couldn't actually eat the fat in his mouth. This kind of taste was unpleasant.

"You know AB shares, right?"

Wang Wei nodded, "I have studied and worked in the United States for eight years, and I know a little bit about it."

"Tudou might as well use the AB share structure, we don't want voting rights, how about we give it to you?"

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