You call this entrepreneurship?

Chapter 455

Qin Shaoyan directly asked the other party's identity. Xiong Xiaoge, who was sitting in the audience, was also very unhappy and turned his head to look at the person who asked the question.

It's a stranger, I don't know him.

Obviously he didn't invite them, but those present were all partners with whom he had communicated in advance. How could this guy be so ignorant?

Do local institutions abide by the rules and are they still polite?
The questioner said proudly: "I am Steve Pandy from Lehman Brothers..."

"Lehman Brothers Bank, right?" Qin Shaoyan interrupted the other party and said sarcastically, "I heard that your institution has a history of more than 100 years. It should be a very professional institution, but I can't see any professionalism from your question just now."

Steve Pandey was immediately embarrassed. "Are you questioning my professionalism? I graduated from Harvard's Department of Finance and have been a fund manager for eight years..."

Qin Shaoyan interrupted the other party again, "Have you read the report provided by our company?"

"Of course I have." Steve Pandy answered without thinking.

"If you can still ask such a low-level question after reading it, then I doubt Lehman Brothers's judgment in hiring people." Qin Shaoyan mocked, "If Lehman Brothers is full of professionals like you, that would be too bad. I think everyone who cooperates with Lehman Brothers should consider changing their partners."

"Don't rush to refute, Mr. Pandi, if you really read the report and have a basic understanding of our campus network, you wouldn't make such a low-level mistake."

"In terms of the time of establishment, the campus network came first, and then Facebook."

"And if Mr. Pandey has a basic understanding of the Internet, he should know that I am not only the founder and CEO of Campus Network, but also the founder of Facebook."

"So I really can't understand why Mr. Pandi used Facebook to question the campus network." Qin Shaoyan said sarcastically.

Steve Pandy was a little embarrassed at this moment. He really didn't read the report carefully. It was just a process anyway. It didn't make any sense whether he read the information or not.

Today I just glanced at him casually, just wanting to embarrass him a little, and in the end I'll just treat it as a joke.

This is also his personal hobby, and he has fooled more than one person.

But I didn't expect that the person today was different. He was so aggressive, as if he was an outsider.

He asked directly with a gloomy face, "So what if you are the founder of Facebook? What does that prove? The campus network is very different from Facebook. Are you saying that the campus network will be like Facebook in the future?"

"Why not?" Qin Shaoyan smiled disdainfully, "When I first created the two websites, I designed the campus network and Facebook to have completely different positioning."

"Although both websites were developed based on university campus networks, Facebook's goal is to use university campuses as a springboard to spread to the entire network, and after occupying the entire European and American campuses, it will penetrate into other customer groups."

"Facebook's positioning is more international, while CampusNet is completely based on the university campus community."

"Because China's Internet was still in its infancy when it was first established, unlike the mature Internet market in the United States, what the campus network needs to do is to patiently wait and cultivate users, allowing the website and users to grow together."

"It's very easy to develop a campus network. All it needs is some new market planning and a series of marketing campaigns, and it can easily grow and become the Facebook of China."

"How can you guarantee that the campus network will develop better in the future?" Steve Pandy continued to ask.

Qin Shaoyan said very proudly and confidently: "Because I am the founder of Facebook, the inventor of the SNS acquaintance social platform."

"From the founding of Facebook to the present, I have formulated all its development strategies and marketing plans."

“It can be said that Facebook’s current success is entirely due to me.”

"It's not difficult for me to develop a campus network?"

Steve Pandy sneered, "Who can prove what you said?"

"Of course someone can prove it." Qin Shaoyan responded calmly, "Some of the venture capital firms present have worked with me more than once. They are very familiar with my abilities, right, everyone?"

Xiong Xiaoge and Zheng Nan immediately raised their hands and said, "Boss Qin is the most professional Internet CEO I have ever met."

Microsoft's Davis also raised his hand and said loudly: "John, you are the best, and your YouTube is the best video website."

Taylor from Sequoia also raised his hand and said, "John, your summer camp for international college students is a great idea."

“And the Global Marathon.” Bruce, vice president of Goldman Sachs, also agreed, “That’s the best marketing I’ve ever seen.”

Several other people also raised their hands, and some even began to applaud and whistle to support Qin Shaoyan.

Qin Shaoyan shrugged his shoulders and said sarcastically: "Mr. Pandi, you see, everyone still recognizes my professional ability."

"I wish I could see your professional abilities, if you do have any."

Everyone burst into laughter and some people kept booing.

Steve Pandy's face turned red when he saw so many people supporting Qin Shaoyan. He also saw someone in the crowd staring at him with displeasure. He immediately straightened his collar awkwardly and remained silent.

However, everyone quickly forgot about this little episode. After all, we were here today to discuss how to make US dollars, so no matter what the verbal disputes were, as long as it didn't affect everyone's ability to make money.

Soon someone asked, "Mr. Qin, what is the next development prospect of the campus network? Will the number of users continue to grow rapidly?"

"That's a good question." Qin Shaoyan smiled kindly and spoke eloquently, "Chinese college students are the backbone of Internet users. They are better than other users in terms of online time and user stickiness. They are brave enough to try new things and are more receptive to new products launched by campus networks."

"When college students graduate and enter society, they will be the best bridgehead for the campus network to expand outward."

"In the past three years, the campus network has accumulated a large number of users, and this user group is still growing rapidly. As for bottlenecks, they do not exist at all."

"The reason for this illusion is that the campus network decided to consolidate its user base, sort out its product ecosystem, focus on new tracks, create new revenue areas with special products, and accumulate potential energy."

"In the past year, our most important goal is just two words, that is profit, excess profit!"

"As you may have noticed, Campus Network has developed well in the gaming sector, achieving considerable revenue for five consecutive months. Last quarter, revenue exceeded US$53 million, and the subsequent momentum is even stronger." "Of course, Campus Network is actively exploring commercial models based on its responsible attitude towards investors, which does not mean that Campus Network will stop developing."

"We came to the United States to go public this time, hoping to raise more funds through the stock market to empower the campus network, break the barriers of the old social model, realize the extraction and transfer of social theory, perfectly occupy the traffic dividend, analyze the attribution of existing social platform categories in the market, seize the commanding heights of the market, carry out high-speed iteration, and achieve dimensionality reduction in the ecological niche."

"In the next three years, campus networks will occupy the Chinese Internet platform with a new Internet social model and become a new generation of social fashion."

There was immediate warm applause from the audience. From Xiong Xiaoge to Zheng Nan, from Davis of Microsoft to Taylor of Sequoia Capital, everyone showed excited smiles.

Yes, yes, yes, this is what we want to hear.

As expected of Qin Shaoyan, his explanation is so professional, so grand, and so... impressive.

Although everyone didn't quite understand the professional terms Qin Shaoyan was talking about, such as empowerment, extraction and transformation, and attribution analysis, his confident expression and high-sounding vocabulary revealed his professionalism everywhere.

Then another fund manager from an institution asked, "Mr. Qin, what are the main profit models of campus networks now?"

"In addition to the gaming business, we also have advertising revenue and e-commerce business." Qin Shaoyan answered easily, "But the advertising business has great potential, and we are also looking for a balance between user experience and optimal profits."

"E-commerce business was developed the earliest. Although its revenue now accounts for a small share of the entire campus network revenue, we are very optimistic about its prospects. It has unparalleled potential and advantages."

The fund manager continued to ask, "That is to say, the main revenue source of the campus network is still the gaming business. So, what plans do you have for the gaming business?"

"The online games operated by the campus network started charging for online games in March this year. Generally, the lifespan of online games is more than five years, and they will maintain rapid growth in the first three years." Qin Shaoyan said confidently, "That is to say, within three years, just relying on one game is enough to guarantee the profits of the campus network."

"But we are not satisfied with this. We have started to develop new online game categories. Recently, we have reached a new cooperation intention with Valve to jointly develop the Counter-Strike Online project."

The people in the audience immediately began to whisper to each other, and several assistants quickly explained to their superiors how popular and well-known the game "Counter-Strike" is.

They didn't know much about the game, but when they heard that the game had hundreds of millions of players around the world, the fire in their hearts immediately began to burn.

There are hundreds of millions of players. If this online game version is produced, wouldn’t it mean that this project is an open-pit gold mine!

"Really? Have you reached a cooperation?" The people from Goldman Sachs couldn't wait to ask the question that everyone was most eager to know.

"Of course." Qin Shaoyan made up a story, "V's executive George West is in this hotel. I'll call him over right away."

Qin Shaoyan took out his cell phone and gestured for everyone to wait a few minutes.

The people in the audience took this opportunity to review some basic knowledge about "Counter-Strike", understand how big the market is, and simply estimate the future financial prospects of the online game project.

After receiving Qin Shaoyan's invitation call, George excitedly rushed to the hotel conference hall. As soon as he entered the door and saw the sea of ​​people, he was stunned.

What is this for?
John didn't say there were so many people?
Qin Shaoyan greeted him enthusiastically, walked up to George, who was still confused, and pulled him to the stage, asking, "George, I want to be the agent for the online version of Counter-Strike, is that okay?"

"Ah?" George was very surprised, then nodded, "Sure, just tell Gabel, he will definitely not refuse you."

Qin Shaoyan said excitedly, "I have a lot of new ideas about this online game."

George immediately showed an interested look, "Then tell me about it."

"Uh, this isn't a very appropriate occasion. I'll talk to you later." Qin Shaoyan spread his hands apologetically.

"Remember to come and see me when you're free. I can't wait to hear your new ideas." George was very excited. "Are you sure you want an online game called Counter-Strike? That's great. You don't know how long we've been worrying about this."

"It would be great if it was given to you, and players around the world would go crazy for it."

"OK, calm down, George." Qin Shaoyan quickly comforted George who was a little excited.

The people in the audience looked at each other in confusion as they watched the two people singing in unison, wondering if they had rehearsed in advance because their performance was quite natural.

But don’t worry about whether the two people are acting or not, everyone can be sure of one thing, that is, the "Counter-Strike" online game has fallen into the hands of the campus network.

Given the popularity of this game, it is certain to become a hit, and the campus network will usher in a new profit growth point.

This is good news for Campus Network’s stock price!
Everyone was cheered up and looked at Qin Shaoyan with expectant eyes. Please give us more good news like this.

The more good news there is, the easier it is to sell the stock, and the more willing distributors are to pay.

When this is fed back to the market, investors will become more and more enthusiastic about it.

Qin Shaoyan asked George to sit back down on the stage temporarily, and smiled at the expectant audience, and said easily: "I know everyone is very eager to know the next development plan of the campus network, and I am also eager to share it with you."

"So I made a simple PPT to give everyone a brief introduction."

"Now please look at the big screen. I'm bringing a new social 2.0 product to the Internet, Weibo!"

The many underwriters and investment institution representatives present were all excited.

This is a completely new version of the story that I have never seen before!
Although I don’t understand it, I only know that it is good for the stock price!
Simply perfect!
Qin Shaoyan was a little surprised by the enthusiastic reaction below, although he knew that Goldman Sachs had arranged many of its own people to come, which also heightened the atmosphere on the scene.

However, he was a little unsure whether he could really impress these underwriters and institutions in the end.

However, Qin Shaoyan soon discovered that his worries were unnecessary.

Goldman Sachs' professional team quickly gave evaluation feedback, and underwriters and investment institutions responded strongly.

Before the roadshow began, the stock price was set between $15 and $18, and now Goldman Sachs has directly recommended $19.

Based on a share price of $19, Campus Network's market value would reach $60 billion.

(End of this chapter)