My Age of Investment

  Chapter 178 The Chinese Market

  Someday in late January.

  Xia Jingxing knocked on the door and pushed open the old man's office.

  As soon as he opened the door, Old Man John noticed him and waved to him: "Daren, come here."

   "Mr. Hennessy, what happened?"

  Xia Jingxing thought there was something urgent, so he walked over quickly.

  The principal’s office is very large. After Xia Jing walked closer, he noticed a young man in his twenties sitting on the sofa opposite the old man’s desk. He had brown hair, blue eyes and a typical Caucasian appearance.

  The old man pointed to the young man and said: “Two days ago, you let Tesla enter the campus to promote it. Now it’s fine. These students don’t want to go to school anymore. They clamored to quit school to join Tesla and change the world!”

  Xia Jingxing looked at the man sitting on the sofa and asked with a smile, "Are you from the Solar Car Club?"

  The man nodded, looking at Xia Jingxing as if he had seen an idol, showing admiration, stood up and shook hands with Xia Jingxing, and quickly introduced himself: "My name is Gene Bodicevsky..."

   "Are you the boy who is leaving school to sweep the floor at Tesla?"

  Xia Jingxing's eyes were different. He listened to Eberhard's mention of this person, and carefully looked at the other person's eyes.

  This person is not an ordinary person. In his previous life, he and two other people built Tesla's first prototype car.

  Kean looked free and easy, "Yes, I think you are doing a very amazing thing, it is much more interesting than class in the classroom."

  Xia Jingxing laughed, "Haha, I think so too! Tesla needs talents like you."

  The old man John coughed, and the two young men chatted freely, each "boring reading", completely ignoring him as the principal.

  Xia Jingxing turned around, smiled and took out a letterhead from his pocket, and patted it on Old Man John’s desk.

   "What's this?"

  "Dropout letter!"

  Old man John opened the letter and looked at it. He was amused.

  Because there is just one sentence in the letter: Goodbye Stanford, I am going to do something meaningful!

  Just as the old man John was about to speak, Christina and the dog knocked on the door again and came in.

   There were two pops, and two more exit letters were slapped on the desk.

   "Principal, we are leaving school!"

  The foreign girl and the little dog said in the same way, both of them smiled, and it seemed that dropping out of school was a very happy event.

  Old man John looked down at the four drop-out letters on the table, raised his head and met four pairs of hopeful gazes, sighed, and waved his hand, "Oh, let's go, let's go, let's all go! I agree!"

  After finishing speaking, he opened his palms and teased himself: "I hope today is not the day when Stanford has the largest number of students who voluntarily drop out of school."

  Xia Jingxing wanted to laugh very much, and forcibly held it back.

  The temporary green cards for him and Little Dog have been officially applied, so it’s time to say goodbye to Stanford.

  The foreign girl had already discussed with her family, and dropped out of school with them and concentrated on starting a business.

  At the same time, Facebook's due diligence has also come to an end, and the three of them have also ushered in a new peak in their entrepreneurial roads!

  After completing the withdrawal procedures, the Facebook business trio is ready to celebrate.

   Gene who dropped out of school and went through the procedures with them at the same time was also called by them.

  In a high-end restaurant, four people picked up juice and clinked glasses together. Xia Jingxing smiled and said, “This cup celebrates dropping out, and I wish everyone a bright future.”

   "The boss said well, the next Sun Zhengyi will be me."

  The little dog patted his chest, holding the juice, and drank it.

  Kristina’s eyes are burning with a small career flame, "I will be the most famous female entrepreneur in Silicon Valley."

   Gene is a little restrained, not knowing what to say.

  Because all three of them at the same table dropped out of school to become the boss, he was the only one who dropped out to work.

  He met the gazes of the three of them, bit the bullet and said: "I want to build the fastest electric car in the world!"

  The little dog laughed, and patted Gene on the shoulder with the appearance of a person coming over, and said, "Don't worry, you can't lose money with the boss."

  Gene nodded, repeatedly saying yes.

  There was a camera at the front desk of the restaurant, and the dog called the waiter to take a group photo of the four of them.

  In the photo, all four young people are smiling, and their eyes are full of longing for the future!

  …………

  …………

   Facebook's due diligence process is finally over.

  In the company's meeting room, Xia Jingxing signed a formal investment agreement with Axel, Breyer, Hoffman, Peter Thiel and Mark Pincus on behalf of the company.

  Brayer seems to have forgotten all the unhappiness. After exchanging the contract, he smiled and shook hands with Xia Jingxing, "Dalun, happy cooperation!"

   "Happy cooperation!"

  Xia Jingxing was also in a good mood. After shaking hands with Breyer, he shook hands with other investors one by one.

   Andrew and Old John, as the company’s shareholders and directors, also came to watch the ceremony.

  Then, the two participated in the company's first board meeting after obtaining Series A financing.

  The new board of directors, on the basis of the original five directors, has added two directors, Breyer and Evans.

  Xia Jingxing put forward the company's new goal-100 million users at the meeting!

  Hearing this magnificent goal, everyone straightened their bodies and watched the young figure standing on the stage showing everyone a PPT.

   "For the goal of 100 million users, Facebook has done the most detailed target disassembly."

  Xia Jingxing pointed to the PPT pictures drawn across the curtain wall to explain.

  "First of all, the domestic market in the United States. Facebook has already occupied most of the university market. The next step is to infiltrate all netizens..."

  "Britain, Australia, Canada, and New Zealand have only entered the university market at present. The next step is to copy the plan in the United States, first focusing on penetrating universities, and then the off-campus market..."

  "Mexico, as the first stop for Spanish-speaking countries, will gradually promote it to other Spanish-speaking countries..."

   "In addition, in addition to the above-mentioned countries and markets, Facebook also plans to enter universities in European countries as a bridgehead for us to enter Europe..."

   Breyer suddenly raised his hand and interrupted, "Daren, what do you mean is that the main focus is on the United States, followed by the Five Eyes Alliance, followed by the European market, and the South American market allows it to develop naturally.

  Not to mention the African market, but what about Asia? "

  Brayer spreads out his hands, “According to statistics last year, Asia had a population of 3.57 billion, accounting for more than half of the world’s population.

  Although most of the countries and regions there are still lagging behind, the Internet market is growing rapidly.

  Especially in the Chinese market. As of the end of last year, there were more than 80 million Internet users in the Chinese market. Industry insiders predict that in 2004, that is, this year, the number of Chinese Internet users will exceed 100 million.

  This is a very vast Internet market, and the number of Internet users is second only to the United States.

  And you grew up in China and are familiar with China. I want to hear how you view the Chinese market. "

  Breyer’s question is very topical. Not only him, but the five other directors present all looked at Xia Jingxing and wanted to hear the answer.

  Xia Jingxing shook his head and said concisely: "We will not enter the Chinese market for the time being."

  Brayer was slightly surprised, "Why? Can you tell us why?

  Now the entire Silicon Valley is gearing up, ready to go to the ancient oriental country with a long history of five thousand years to make a big splash.

  Eaby entered the Chinese market two years ago. Yahoo also acquired a website called “3721” in China last year. Amazon plans to pass this year. It is rumored that Google is also very interested in the Chinese market. "

   "We are different!"

  Xia Jingxing glanced at Breyer, then glanced at the other five people present, and explained: "We are still a small startup company, and the website has only been online for 17 months, less than a year and a half.

  A few of them have been in development for several years. They are considered large-scale Internet companies, and they have no human, financial, and material resources comparable to ours.

  At the same time, their growth rate in North America and Europe has slowed down, so they will naturally look for opportunities to enter emerging markets.

   Facebook has not yet occupied most of the North American and European markets, so it is naturally impossible to enter the Chinese market right now.

  The value of users is determined by the economy of each country.

  Although we haven't started advertising monetization yet, we must first take the market with higher user value.

  "Europe before Asia", this operating strategy will not change in the next few years.

  Daoyou.com is a ready-made example. They have developed very well in Southeast Asia, but they can’t make money. Instead, they have to pay a lot of server rental fees for this.

   Facebook has its own development rhythm and considerations, and will not blindly follow the trend! "

   Breyer nodded, "Okay, I see."

  Old John, Andrew and other directors also nodded. They also thought that Xia Jingxing’s strategy was okay.

  Brayer smiled and said: "Axel plans to invest in a Chinese social networking site in the near future. Do you mind this?"

  At this time, everyone's eyes focused on Breyer again.

  　Thank you list: book friends 20201009194742567, ascetics on the road, wow you wow, the happiest thing is that you are fatter than me, Xuanyuanjian Yuwentuo, Mu Yutang

  (End of this chapter)