Reinventing the Millennium.

Chapter 737 Penguin Enters
Beijing.

Sitting in the new office just rented by Xiaonei in early April, Wang Xing felt quite complacent.

The news from Sequoia Capital a few days ago made the entire Xiaonei team nervous for a while, but soon ES from other American venture capitals followed up, which undoubtedly verified the prospect value of Xiaonei once again.

Needless to say, Xiaonei was founded in imitation of Facebook.

Therefore, when Huang Zhiquan, the vice president of ES, came to talk about the value of Facebook in the United States, he talked about its current valuation of at least 10 billion US dollars...

Sitting in his office overlooking the capital, Wang Xing was planning the national campus plan of Xiaonei.com in his mind. He recalled the busy scene he saw at Hang Lung 23 that day, and he had a feeling of "a man should be like this" and "who is not a man".

At nine o'clock in the morning, Wang Xing held the first management meeting in the brand new conference room.

His first sentence was: "Wang Huiwen said before that our rented meeting room was a bit too big, but I told him that I still think it's too small. Our Xiaonei network is going to be the number one school platform in the country. How can we do that?" where."

There were less than half of the seats in the conference room, and everyone smiled. The development momentum of the Xiaonei network is indeed very good.

"Yesterday, I had a chat with Vice President Huang of ES again. The initial plan is to raise 100 million US dollars first. He is very supportive of our 'Thousand Gardens Plan' and wants to turn all colleges and universities across the country into a solid foundation for our website."

"With such a solid foundation, it will be difficult for our competitors to enter."

"Like Zhanzao.com, I've checked their webpage in the past two days, and it's really mediocre."

"I believe that more opponents like Zhanzuo.com will emerge. For these latecomers, we must give full play to the moat of scale advantages."

The number of registered users of Xiaonei has exceeded 80. The maintenance of this number and the potential users it can contact are huge advantages for any latecomers.

The management, including founders such as Wang Xing and Wang Huiwen, have great confidence in this.

The first meeting in the brand-new meeting room lasted for a long time. Everyone recalled the past, discussed the present situation, and imagined the future.

In the end, it was still Wang Xing who spoke: "We strive to complete the financing process of ES before the 20th of this month. Everyone will work hard this year. I hope that by the end of the year, our number of users will exceed [-] million."

At the end of the meeting, Wang Xing happily returned to his office, and discussed with co-founder Wang Huiwen the new page design that will be launched soon.

At 11:30 noon, Wang Huiwen was about to leave the office, and said casually: "Your office is not bad, it looks decent, let's change it later."

"I arranged this carefully. Let me tell you, sitting in such an office is worth a thousand dollars." Wang Xing said with a big smile.

Wang Huiwen was a little confused.

When there was only one person left in the office, Wang Xing walked around by himself, and suddenly felt that there was something missing.

He thought about it, and found that there was no writing on the wall, which was different from the Hang Lung 23 President's Office that he had seen at the beginning of the month. Well, Mr. Fang's life motto seemed not suitable for hanging, so he had to choose which four to choose. words.

Wang Xing sat back in front of the computer and subconsciously opened Zhihu.

During the recent period, apart from his Xiaonei website, Zhihu is the one he browses the longest.

He feels that the number of users of Zhihu seems to be growing steadily, the problems are becoming more diverse, and the user industry is gradually covering all walks of life. The experience shared by many other people makes people feel suddenly enlightened.

Wang Xing browsed the hot list and found a new question at the end.

——What do you think about the retirement of Taiji founder Zhang Zhongmo and Cai Lixing as CEO?

Wang Xing was not interested in the semiconductor field such as Taiji, and just wanted to continue browsing, when he suddenly remembered the ice core created by Mr. Fang and went back to click on the answer.

"Cai Lixing is a veteran of Tai Ji. When he joined Tai Ji, it had only been established for two years. He was also Zhang Zhongmo's handpicked successor."

"It is a matter of course for him to become the new head of Tai Ji."

"Tai Kee now has a 52% share in the global wafer foundry market, which can be regarded as the only one."

"But it is not without challenges. There are three major rivals in the high-end foundry field, IBM, UMC, and Toshiba. The low-end market is facing the encirclement of manufacturers such as SMIC, Dongbu, Hynix, and Ice Core."

"In particular, IBM took the order from nVIDIA, an old customer, from Tai Kee, and SMIC successfully traded the market for technology, and gradually moved towards high-end technology."

"In addition, the mainland market has great potential. Due to various factors, Tai Ji was a few beats slower. Manufacturers such as Intel, IBM, NEC, Toshiba, and Hitachi have all set up research and development bases in Shencheng and Pengcheng to lay out the Chinese market. Of course, the most It is SMIC that benefits.”

"Cai Lixing's taking over the stage record is definitely not a peace of mind. We have to observe and observe how he actually gets the handsome seal."

Wang Xing watched with great interest an industry insider's popular science on Taiwan's record situation, and when he continued to scroll down the webpage, he saw another answer full of worries.

"Cai Lixing will definitely take action in the face of Taiwan Ji's competition, but looking around his opponents, Intel and IBM are big players, UMC is an old opponent, Dongfang and Hynix are relatively less confrontational, and Bingxin is just starting and weak. , it is SMIC that is both threatening and easy to deal with.”

"SMIC reconciled with Taiji last year. I heard that the terms of the reconciliation are relatively harsh."

"There are three fires for a new official, and Cai Lixing's first fire is either inside or outside."

"I work for Texas Instruments, and I heard some gossip that Taiji may resume the lawsuit against the core."

After reading this answer, Wang Xing frowned. Although he didn't understand the dispute between SMIC and Tai Ji, his tendency was very clear.

However, although the analysis of this self-introduction as a Texas Instruments engineer is somewhat reasonable, it must be viewed dialectically, and it may be unfounded.

He just wanted to continue to read other answers, but suddenly found that he couldn't find this question after refreshing.

Huh?what's the situation?
Just when Wang Xing felt strange, Wang Huiwen who went downstairs went back with a solemn expression.

"Wang Xing, just now Penguin.com published an interview with their vice president. He thinks that the social direction based on the college student group is very valuable, and it will be a direction for Penguin."

Wang Xing was taken aback. This couldn't be more clear. Based on the fact that college students are still socializing, isn't it just our school intranet?

He quickly opened Penguin.com, and soon saw the report Wang Huiwen mentioned.

The content is not short, mainly talking about the value that Penguin wants to bring to users, and the social interaction of college students is mentioned in the middle.

Looking at this tone, the intention of Penguin to enter the competition is obvious.

This competitor is different from Zhanzao.com.

Even if Zhanzuo.com gets investment from Sequoia, it must start from scratch.

But if it is replaced by Penguin, it is likely that it is not the moat that Xiaonei has the advantage of scale, but that it quickly seizes the group of college students by virtue of the instant software's undoubted number one user scale in China.

Wang Xing only felt his tongue dry, and after a while he said: "I'll contact Mr. Huang first, and get ES's financing!"

Hearing these words, Wang Huiwen nodded like waking up from a dream, "Yes, take the money first."

Wang Xing took out his mobile phone and called Huang Zhiquan, the vice president of ES. He talked about the financing of Xiaonei with a smile as usual, and wanted to meet in the afternoon to talk about how to implement it.

However, Huang Zhiquan, who was still very eager to meet yesterday, said slowly: "Mr. Wang, we still have to investigate and investigate this matter, so don't worry."

Wang Xingqiang calmed himself down: "Haven't we basically reached an agreement? What else is there to investigate? The earlier we get the funds, the earlier we will launch the 'Thousand Gardens Project', and the seat occupancy network will be launched. We will be able to fight quickly."

Huang Zhiquan only replied: "We need to investigate whether Penguin plans to make something similar."

The ominous premonition in Wang Xing's heart was verified, and the investor's news was indeed more sensitive.

He asked: "Penguin is going to do it too? Really? If it is going to be done, ES won't vote? Mr. Huang, in order to cooperate with ES, I promise you an exclusive period. Others who want to vote for our Xiaonei website What do you mean by saying that now?"

Because ES was willing not to take so many shares when contacted, Wang Xing agreed to the exclusivity period of the other party, otherwise, if he talked with another venture capital, he might have already got the money by now.

Huang Zhiquan said directly: "Well, Mr. Wang, there is no need to exclude it now. You can ask other companies, and I will also ask other companies to verify whether the verification information is accurate. If it is really a penguin that enters the venue, Mr. Wang, it will be you It's me, can you still pay at this time? I also have to be responsible to ES."

Wang Xing was speechless.

Huang Zhiquan on the other end waited for a few seconds and quietly hung up the phone.

Wang Xing tapped the table with his right hand lightly, and took a deep breath: "ES is unwilling to vote, it's okay, I'll ask my family to get money, our Xiaonei network can exceed one million users within a month, these people are our duel The biggest reliance of giants."

Wang Huiwen opened his mouth, saw the determination on Wang Xing's face, and choked back the words.

He suddenly remembered the excitement of watching on the Internet last month.

How about going to Shanghai again and have three cups with Mr. Fang?
(End of this chapter)