America's Road to Fame

Chapter 177 The Trip to Hangzhou
At this time, Li Ying also came to the magic capital.

Her negotiations with Dianping also came to fruition. After several rounds of negotiations, Huaxia Future Capital will invest US$3 million at a post-money valuation of US$6000 million and hold 20% of Dianping.com.

This is also a relatively large financing in China recently, so it has attracted a lot of attention.Li Ying and her Huaxia Future Capital have also entered the attention of many people in the Internet industry. This venture capital fund seems to be very powerful. Of course, it is known that its parent company is the Meta Investment Company of the United States, which is 40. 40 million US dollars to acquire 25% of Alibaba shares, [-] billion US dollars to acquire Marvel; if there are companies such as Twitter, HOLA, and Siri under its umbrella, there is no doubt about the capital of this venture capital.

In fact, Dianping is willing to accept the investment of Huaxia Future Capital at this time, and its background is also the main reason.

Dianping was founded relatively early. In 2003, Zhang Tao, the founder of Dianping, just returned to Shanghai from overseas.

As a lover of food, he found that there is very little restaurant information on the Internet in the entire Shanghai. He could not find a good restaurant through the Internet, so he realized the existence of this market demand.

At that time, some UGC (user-generated content) models were emerging on the Internet, such as Wikipedia and Amazon’s book reviews. The content was generated by users. More content data not only facilitates search, but also improves the credibility of recommendations.

He considered whether it is possible to build a UGC evaluation platform for restaurant users, and after thinking clearly, the self-study website made the first version of Dianping.com.

Then fill in the restaurant information. At that time, there was not much public information about restaurants, so I spent every day in the library looking for Shanghai restaurants that had been published by the media, collected them and recorded them on Dianping.com, so when Dianping.com was launched, there were already Information on more than 1600 restaurants.

Up to now, Dianping has gone through two rounds of financing, and has expanded its site to [-] cities. The speed is not fast, but the development is very stable. This is something William Chen appreciates very much.

Ivanta has been very busy these two days. He is leading a team to negotiate with Mori Building Co., Ltd., and the other party initially called out a price of 18 billion US dollars, while their bid is only 12 billion US dollars, which is still a big gap.

But it doesn't matter. Negotiation is to negotiate a price that both parties can accept. If no agreement can be reached in the end, then there are other options.

Taking advantage of this time, William Chen went to Hangzhou, mainly to meet Boss Ma.

Knowing that William Chen had come to Huaguo, Boss Ma immediately extended an invitation to him. The Shanghai city is not far from Hangzhou, so William Chen also stopped by.

Boss Ma first took him to the high-tech park in Yuhang District, Hangzhou, and showed him the Taobao City Complex, the new park of Ali Company that had just started construction.

The project was contracted last year and just broke ground last month.

"It looks pretty big in here, old horse."

Now William Chen and Boss Ma are getting acquainted with each other, so the address is much more casual.

"Yes, 450 mu of land has been approved for us. I plan to divide the construction into three phases. The first phase is expected to be completed in three years. By then, most of our personnel will move here."

Chen Weilian looked at the renderings next to him and said, "It looks quite impressive, how much did you invest?"

"13 billion, I invited the Japanese design master Kengo Kuma to design the first phase of the project for us."

"13 billion? Chinese coins?" William Chen finished asking, saw Boss Ma nodded, and sighed, "It's really not much, considering your scale is not small."

"The domestic construction costs are definitely not comparable to yours in the United States. Now that you have come to China to invest in real estate, you will soon experience it. Don't worry, the quality and quantity are absolutely guaranteed."

Boss Ma paused, and continued: "But in fact, the money is not paid by our company, it is all built through bank loans, and the price of the approved land is not too high, after all, we are the focus here Support businesses."

Through the detailed discussion with Boss Ma, William Chen knew that the subprime mortgage crisis had a considerable impact on Huaguo, so the above-mentioned four trillion yuan plan was formulated mainly to stimulate domestic demand, increase the development of the country's basic industries, and Get over the economic crisis.

Therefore, all localities are also encouraging enterprises to invest in infrastructure. For these projects, approvals can be accelerated and financial support can be provided.In Hangzhou, companies like Ali want to build a park, and they directly supply land at a low price and help solve the funding problem, which means that all construction funds are not borne by the company, and the bank directly provides loans.

The purpose of doing so is to increase employment and drive related industries.

It's just that such conditions are too favorable. The company doesn't need to spend a penny, but directly uses the bank loan to build the building. After a few years, after the housing price rises, it can sell the building and make a fortune.

"Okay, Lao Ma's policy is good. Take advantage of this opportunity to build a few more buildings, and complete the construction of Ali's parks in various places. Not to mention, the attached residential buildings can make a lot of money by selling them. money."

William Chen was the instigator of Boss Ma.

"How can it be so simple, these are all loans that need to be repaid, if the real estate market does not improve in two years, it will be in your hands, judging by the current situation, we don't know how long this crisis will last. "

It seems that Boss Ma is still too cautious about these things, but this is normal. For entrepreneurs, they must take risks when it is time to take risks, but it is always good to be cautious when it comes to things other than the main business. of.

But Boss Ma didn't know, William Chen himself knew it.In fact, the subprime mortgage crisis in this world is more serious than in his previous life, and it will last at most one or two years longer. He doesn't know about other places, but the real estate in Huaguo will still be troubled for at least seven or eight years in the future. boom times.

"Seeing how excited you are, why don't you come here? You can approve a piece of land near the park here, and then you build a building. Among other things, Ali needs to perform a lot of entertainment every year. It doesn't matter who you go to." Yes, we can use your hotel as a designated hotel for hospitality."

Unexpectedly, Boss Ma began to persuade William Chen instead: "And I am also very familiar with other companies in the park, so I can say hello to you, and I will go to your place to arrange it when the time comes. I know, the Trump Group The grade of the hotel is not low, and it is absolutely sufficient in terms of ostentation.”

However, Boss Ma's proposal was not bad, and William Chen was a little moved when he heard it. He knew that as the major shareholder of Ali, Boss Ma must have the idea of ​​wooing him.

But before Chen Weilian could say anything, the two of them walked to the park, when they met a group of people walking towards the edge, judging from their demeanor, they did not look like businessmen.

A middle-aged man with a calm temperament headed by the other party saw William Chen and Boss Ma coming over to say hello:

"Mr. Ma, what a coincidence, you're here too?" He was talking to Boss Ma, but his eyes fell on William Chen:

"This is Mr. Chen William, right?"

It seems that Boss Ma is familiar with him. After Boss Ma's introduction, William Chen knew that the middle-aged man in front of him was the deputy mayor in charge of investment promotion in Hangzhou.

"Is this the first time for Mr. William to come to our Hangzhou city? What is your impression of this place?"

The deputy mayor took the initiative to ask William Chen.

"Hangtown is beautiful and I'm impressed by how down-to-earth all departments are here."

"In this case, Mr. William can consider investing in us, we will definitely give you the most favorable policy,"

It seemed that this was his purpose, and it was no wonder that he came over to say hello after seeing William Chen.

"I will think about it."

"Tomorrow we will have a recent policy briefing, and we will announce some preferential measures for investment. If Mr. William has time, can he attend?"

oh?You can go and have a look at this. William Chen knows that the future development of Hangzhou is good. Jiangsu, Zhejiang and Shanghai have always been friendly to private and foreign-funded economies. The government is more pragmatic and efficient, so they also have the idea of ​​​​developing the real estate business here, so He agreed on the spot.

(End of this chapter)