Rebirth of the World’s Richest Man

On September 20, five days after the official conclusion of the Internet Summit, in the conference room of the headquarters of Penguin Company in Pengcheng, witnessed by Xiao Ma, Li Qing and other Penguin founders, Jiang Xiaobai, Yingke and IDG signed an agreement Share transfer agreement.

Jiang Xiaobai purchased 20% of Penguin's shares from Yingke and IDG for US$11 million. He spent a total of US$22 million to obtain Penguin Hundred. Forty-fourths of the shares.

Becoming Penguin's largest individual shareholder, of course, Xiao Ma and his entrepreneurial team hold 60% of Penguin's shares and have absolute controlling rights.

But 60% of the shares belong to the team. When it comes to individuals, Jiang Xiaobai is the largest individual shareholder.

Huaqing Holding Group officially invested in Penguin, but in addition to people from Yingke and IDG, there were also Jiang Xiaobai and other senior personnel within Penguin.

There was no reporter or media. Jiang Xiaobai did not deliberately keep this matter secret, but Penguin itself was not a well-known company at this time. To be honest, not many people paid attention to it.

In addition, the investment of more than 20 million US dollars in Huaqing Holding Group is not a large amount of money, and not many people pay attention to it.

For Huaqing Holding Group, at least billions, or even billions of investments are needed to attract attention. Otherwise, Huaqing Holding Group’s investment of tens of millions and hundreds of millions is too much. If it were reported every day, the news of Huaqing Holdings Group would always be in the newspapers.

"Congratulations to Director Jiang."

"Congratulations to Director Jiang." People from Yingke and IDG smiled and congratulated.

"Haha, thank you both for making it happen, and a special thank you to Mr. Liu for connecting with IDG. Thank you." Jiang Xiaobai also said with a smile.

After he reached an agreement with Yingke, he asked Yingke to help contact IDG. Mr. Liu was also regarded as the middleman. Of course, the main reason was that IDG also wanted to sell its shares in a hurry.

However, there is a small episode in the middle. IDG was originally unwilling to sell all the Penguin shares it held at once, and was prepared to keep a 10% or so to wait and see.

After all, Penguin's user growth is there. As long as it finds a profitable direction, its future prospects are limitless, but how could Jiang Xiaobai let this happen?

In the previous life, IDG played this trick. It only gave up part of its shares to ensure a profit on its investment, but it did not release all of them. In the end, after Penguin grew bigger and bigger, it kept the shares in its hands. It's a lot of money.

But this life is different. Jiang Xiaobai directly expressed his attitude, either to give up everything, or not to want at all.

If IDG wants to keep its shares, then let's see if anyone dares to take it. Penguin itself will die as a company.

Although these words were a bit threatening, Jiang Xiaobai was telling the truth, considering Penguin's current size.

To be honest, it is not a big problem to organize a group of people to create a software. As long as you have the money to push it, copy the development path of Penguin, and intercept Hu Penguin in advance, it is not a big problem.

There's nothing moral or immoral about it, because Penguin is also plagiarizing someone else's ICQ.

You copy other people's work, and I copy other people's work. That's a matter of competition.

Speaking of competition, Penguin 20 years later has formed its own ecological chain, closed its own product circle, and has huge traffic.

If you want to mess with someone again, they will kill you in minutes.

You don’t even need to say that you plagiarized other people’s work. If they don’t plagiarize your work, they will give you face. If you come out with a new product and you take the initiative to ask people to buy shares, if they like you and give you a little money, it will be regarded as their conscience. , I won’t mess with you.

But if you don’t like it, it’s useless even if you take the initiative to send it to your door. I don’t want it, I just copy it out, and then I have huge traffic, and I can beat you to death in minutes.

This is their traffic, and this is what makes them great. With huge traffic, they can do whatever they want.

But now, Penguin is not systematic at all. Now it only has a huge user group, and it has not even understood the layout of the PC side. The huge traffic will not really show its power until the user side.

So if you want to overtake in a corner, as long as you have money and people, now is the last corner. It happens to be the Internet winter, so it is still possible.

Therefore, in IDG's view, Jiang Xiaobai's threat is not empty talk. Jiang Xiaobai really has the strength.

Keeping the shares in hand, waiting for a fight with Jiang Xiaobai, or taking a large amount of money and leaving happily. After weighing it with IDG, they finally decided to leave. In the cold winter of the Internet, there is no need for them to be on a penguin. Consume.

They have invested in so many companies, why bother with Penguin?

And they are indeed not very optimistic about Penguin's future. Portals and e-commerce are now popular in China.

Others, such as communication software, to be honest, are still at the back of the list. Even search engines, in their opinion, have greater value than Penguin.

There are also anti-virus software and the like, which are better than any communication software.

So they were originally planning to transfer the shares they held in Penguin, and Yingke also happily gave up their shares.

The last and most important reason is that Jiang Xiaobai is a local snake, and they are investing overseas. Although it is not said that they are afraid of Jiang Xiaobai, there is no need to conflict with a local snake like Jiang Xiaobai, and it is because of a conflict with a small communication software.

After all, this communication software has a ceiling in their opinion, just like ICQ, which was copied by Penguin and was acquired by Citigroup Online.

However, the performance after the acquisition was not very impressive. Of course, that was because the entrepreneurial team withdrew directly. In addition, Citi Online was fighting with Microsoft on the browser all day long. In fact, it did not pay much attention to the reason.

Communication software is not taken seriously. In fact, not only Penguin, but many others are like this. For example, at this time, NetOne also had its own chat room, and there was also an IM, which could also voice, and the user stickiness was higher than that of Penguin. Much stronger.

It’s just that with the rapid development of the times, no one knows what the future will be like. For example, Ali is not very optimistic about it now, and no one really thinks that e-commerce has a future.

Many people even think that the Internet is still a new thing and don't take it too seriously.