The penniless son of the penniless ...

Chapter 138 Zhang Junfeng's Goal
Zhang Junfeng also followed the trend. Since the investment promotion department in Shanghai had a good impression of the Five Star Group, he was happy to use his status as the son-in-law of the Five Star Group's chairman to negotiate with the other party about purchasing land for setting up factories and shopping centers.

As for Comet Capital or Galaxy Group, although they have great reputations in Goryeo, they are obviously not as effective as the Five Star Group in Dragon Country!

Fortunately, after two formal negotiations, the other party noticed the strength and investment willingness demonstrated by Zhang Junfeng. After finalizing the specific price of the land transfer, the two parties successfully signed the contract. As long as the subsequent procedures are completed, Zhang Junfeng will get the approval of the use rights of several pieces of land as he wished.

Looking at the contract in hand, Zhang Junfeng smiled brightly. The area he chose this time was based on the layout of a commercial plaza opened by a certain group in the Magic City in the future. He chose an area where housing prices would definitely skyrocket in the future as the location for their Galaxy Group to open a large shopping mall and food processing plant.

However, at present, no one would have thought that these places, especially the large undeveloped area near the sea on the east side of the Pujiang River, would become the investment ceiling of the real estate industry with a value of tens of thousands of RMB per square meter in just 20 years due to the construction of the Free Trade Zone. The 20-year investment return rate directly exceeded 2000%!

……

In the following days, in addition to taking his subordinates to visit the beautiful scenery of Shanghai, Zhang Junfeng also asked someone in Lin'an to contact Ma Yun, the founder of Alibaba, a late-blooming Internet shopping platform. According to Zhang Junfeng's memory, Mr. Ma Yun had just resigned from the Yellow Pages company he founded. Next year, he will start a business again with the support of his friends, and Alibaba will be born next year!
(Note: In 1995, Ma Yun and his wife raised 10 yuan to start an Internet company. On May 5, "Longguo Yellow Pages" was officially launched, and a website was specially made for the company. By 9, Longguo Yellow Pages was incorporated into the Lin'an Telecommunications Department, and Ma Yun was hired by the International Electronic Commerce Center. Due to differences in philosophy with the leadership, he eventually parted ways with the International Electronic Commerce Center.)
The only pity is that in the early days of its business, Alibaba, an Internet company that lacked money and technology, had no investors in the early stage, and was finally picked up by SoftBank Investment Company in Japan. After Alibaba successfully went public in the United States, its market value continued to rise. In 2020, Alibaba's market value once exceeded 8600 billion US dollars, and Ma Yun once became the richest man in Asia, famous for a time!
This time, Zhang Junfeng wanted to get to know Ma Yun before SoftBank, and if possible, he also wanted to become Ma Yun's "angel investor" and become one of the major shareholders of Alibaba in the future. After all, before Alibaba took off, not many people were optimistic and valued, and the investment value was far less than that of several other Internet companies.

However, before we could get any news from Lin'an, the staff of the branch office in the capital called us first. It turned out that not long after Zhang Junfeng and his team left the capital for Shanghai, two young men who claimed to be from Kingsoft Software Company came to see them and said they wanted to meet Zhang Junfeng, an entrepreneur from Korea, and hope to get investment from him.

Hearing his subordinate say this, Zhang Junfeng was stunned! Kingsoft Software Company?! Isn't that the company where Lei Jun "Leibos" worked in the early days? More than ten years later in Longguo, the WPS office software developed by Kingsoft Software Company has become one of the office software installed on almost every computer, and the software users have reached hundreds of millions!
If Kingsoft had not been suppressed by the American Internet giant Microsoft for a long period of time afterwards, its future prospects would never have been limited to the Longguo region. It would definitely have had a broader market and a higher market value. Unfortunately, fate plays tricks on us!
Zhang Junfeng naturally had no reason to refuse this future Internet tycoon who came to him to seek investment. He decisively told his subordinates to contact the person in charge of Kingsoft Software Company and tell them that if they were sincere in negotiating and seeking cooperation, they could take a flight to Shanghai to meet him. Zhang Junfeng would reimburse all the other party's travel and accommodation expenses. If they were unwilling, he would not force them.

Hearing that Zhang Junfeng could actually offer such generous negotiation treatment, the staff from the imperial capital were dumbfounded. He even suspected that he had heard it wrong. After confirming with Zhang Junfeng again, he couldn't help but sigh at the generosity and magnanimity of his boss!

……

In the capital, Kingsoft Software Company, founder Qiu Bojun and his good partner Lei Jun were smoking anxiously, thinking about where to raise funds to continue the research and development of new products.

It turned out that the company's newly developed "Pangu" software was not well received after it was launched on the market two years ago, and the sales were terrible. In the end, only 2,000 sets were sold, less than one-tenth of the plan, which put the entire Kingsoft in danger.

In 1995, Kingsoft's annual sales were less than one-third of that in 1994, and the number of employees was reduced from more than 200 to more than 20. In 1996, the situation was even worse. With Microsoft in front and piracy behind, WPS was struggling. It could not pay salaries at one point, and two-thirds of the development staff left.

By 1997, despite the capital injection and support from some senior colleagues in the same industry, it was only enough to maintain the company's daily operations. If they wanted to raise enough funds in a short period of time to develop new products and make a comeback, they still had a huge funding gap.

The company's founder, Qiu Bojun, has been running around during this period, trying to get sponsorship and investment to help the company revive. Not long ago, he heard some important news from his old classmates at a dinner party.

Recently, a special person came to the capital. He is said to be a powerful entrepreneur from Goryeo. In just a few days, he successfully negotiated with Chaoyang District and spent tens of millions of RMB to acquire a large piece of land for setting up factories and shopping centers.

……

This piece of news opened Qiu Bojun's mind. Since these people in China were unwilling to invest, why didn't he try to find foreign entrepreneurs/institutions? After all, the Internet was just in its infancy in Longguo, but it was a completely different situation abroad!

Especially in the United States, Internet technology companies are all about making money through technology. As long as they can come up with a concept and a product, they can raise millions or tens of millions of dollars. Although Kingsoft Software has suffered a setback in the past two years, it shouldn't be difficult to get a few million RMB investment from them, right?

(End of this chapter)