My Age of Investment

Chapter 523: Confrontation in public opinion (seeking monthly ticket)

  Chapter 523 Public Opinion Contest (seeking monthly ticket)

  The next day.

Several founders of   Dianping.com held a press conference at Magic One Hotel. Also present was Zhang Fan, who flew from Beijing urgently yesterday.

  In order to gain momentum, Shen and Zhang used a lot of personal connections, plus krypton money, and invited reporters from many well-known media and newspapers across the country to the scene.

  At the press conference, Kong Wei cried out in tears and complained of the tragic experience of being "swept out" by himself and others.

  Different from Dianping’s script, Duoduodian’s scripts from the founders are the other way round.

  Zhang Tao said that it was a few partners who had forgotten what was profitable and wanted to tear up the investment intention agreement of Envision Capital.

  And Kong Wei and others said that Zhang Tao accepted the unilateral benefits of Envision Capital, and worked with Envision Capital to drive away their minority shareholders and co-founders.

   Kong Wei and others said that the signing of the non-competition agreement was coerced, and Zhang Tao forced them to sign, otherwise they would be forced to repurchase the shares without any compensation.

  In short, several people choked with excitement at the scene and said that they had suffered from public opinion and online violence.

  They said that they will file a lawsuit against Dianping and Zhang Tao, and ask the court to re-rule that the previous non-competition agreement is invalid.

  The reporters saw things so complicated and confusing, and both sides insisted on their own words, and they couldn't tell the truth from the false for a while.

  However, this fits their mentality again, and it’s not too big to watch the excitement.

  Because the two sides have different calibers, the whole matter has become more topical and hot, which is worthy of in-depth exploration and reporting.

  As a partner of Sequoia China, Zhang Fan also spoke at the press conference. First of all, he refuted every accusation and criticism of Envision Capital against Sequoia.

   Then he turned his head back, incarnate as a justice messenger, and accused Vision Capital of oppressing and persecuting several former Dianping co-founders.

  Zhang Fan also pointed out on the spot that Envision Capital relied on its huge capital energy to drive up the valuation of venture capital targets and took away several projects from Sequoia and other peers.

   has torn his face, so neither side has kept their hands, and all the means to hit the other side are not let go.

  The reporters who have eaten melons are very excited to hear that so many big melons in the investment circle have been exposed, affecting many startup companies and investment institutions. Usually, they can't hear so many secrets.

  As soon as the press conference was over, the reporters who had paid enough for the carriage and horses' fees waved their pens and fired on Envision Capital and Xia Jingxing.

  Of course, the current incident has not yet come to light. Although the reporters have charged the ride and horse fees, they dare not fully favor Sequoia and Duoduo Dianping to avoid doubt, and the news cannot achieve the desired effect.

  Reports by the reporters mostly questioned the truth of the incident, suggesting that the public should postpone their views and wait for the trial, which seemed very objective and rational. In fact, they were helping Sequoia to relieve pressure temporarily.

  "...Every capillary hole in the capital is dirty.

  Dianping and Duoduo comment on right and wrong, and there is too much utilitarianism in the middle.

  Infighting among executives, capital tumbling, and news hype are like watching a business war drama.

  What the truth is, I think it will become clear after a while.

  But during this time, please stop by for a while, and stop using public resources. "

  An in-depth report by the "Beijing News" was quickly reprinted by major media and became a front page headline.

  This article is not biased towards any side, but from the perspective of questioning, questioning everything.

  Questioning the authenticity of the public comment incident, questioning the news hype, quite a bit of "everyone is drunk, I am alone" demeanor.

  As soon as this article came out, it caused many posts and discussions on the Internet.

  Even the Tianya Forum, the base of Xia Jingxing's loyal supporters, is divided into two factions.

   "Xia Jingxing is no longer the new entrepreneur Xia Jingxing in the past, but has become President Xia and Tycoon Xia. After all, the young dragon Tu has grown scales, capitalists hype, and there is no bottom line."

   "How can you be sure that people are hype?"

   "Don't think about it, it's just hype. With this exposure opportunity, Dianping has already opened to our 18th-tier small cities."

  "You sue me today, and I will sue you tomorrow. Everyone will play netizens as monkeys. If you make money, you will also play monkeys."

  "On the Internet, it is said that Xia Jingxing is worth billions of dollars. He is also rare for such a small company and small money?"

   "You don't understand this, the richer you are, the more stingy you are!"

   "Speaking of stingy, it seems that Xia Jingxing hasn't donated money to the country yet, right?"

   "Donated 10 million RMB, equivalent to more than one-thousandth of the net worth."

  "Just donate so much? Mr. Huang Rulun of Jinyuan Group is far less worthy than Xia Jingxing. From 2003 to 2005, he has donated a total of 286 million yuan. The more you have money, the more you get!"

   "I heard that when Xia Jingxing was studying at Stanford University in the United States, he used 50,000 US dollars to buy NetEase, and he made more than 50 times in a year!"

   "What family? It's studying in the United States again, and it's another $50,000 for stocks?"

  "Ordinary family, the father is a civil servant in Chengdu, and the mother is the dean of the middle school."

  "My parents are not businessmen? The family of ordinary civil servants have so much money?"

  ...

  Sitting in the office of Jinmao Building, Xia Jingxing stared coldly at these “rumors” on the Tianya Forum.

  Don’t think about it. Someone brought the rhythm in it and deliberately pointed the finger at him.

  There are several main targets. One is the issue of charitable donations, the other is the source of parental property, and the other is capital speculation and the abuse of public resources.

  Xia Jingxing raised his head, looked at Fu Jixun who was sitting across from him, and said lightly: "What do you think?"

   "Don't think about it, it must be Sequoia who is looking for someone to divert attention, lest everyone focus on them."

  Xia Jingxing frowned first, then slowly unfolded.

  In any case, Shen Beipeng and Zhang Fan are people with a face and face in China, not soft persimmons.

  In the face of the public opinion attack he launched, whether it was self-protection or counterattack, it was normal to come up with something.

  When a predator drops its prey, the beast will struggle a few times, let alone a human.

  It is normal to have resistance, but it is strange not to resist.

  "What did you say on the Tianya Forum?"

  Fu Jixun replied: “In the middle of last year, IDG and Zero2IPO jointly invested millions of dollars in Tianya.

  I was introduced to Tianya’s founder Xing Min through Li Zhengdong’s recommendation, but he..."

  Fu Jixun sighed, "He said that he was very embarrassed and deleted posts rashly, which would affect users' perception of their world, so he declined our request to delete posts!

  Of course, he was also afraid of offending us, so he told me vaguely that Sequoia had been recommended by IDG and seemed to be interested in investing in them. "

  Xia Jingxing understands, on the one hand, there is a wealthy man who cannot be beaten, on the other hand is a handy investment. For most people, it is not difficult to choose!

  "How about Sina, Sohu, and NetEase?"

  Fu Jixun replied, “These companies are very shameful, saying that they will never publish any negative news about you.

  Of course, one or two articles that question the tone, they will certainly not block the publication.

  It should be Shen Beipeng's effort. He and Charles, Cao Guowei, and Ding Sanpang are also old friends, and they have a good relationship. "

  Xia Jingxing nodded, "Okay, I see, what did the Magic Capital Court say? Can the court begin as soon as possible?"

  The evidence in our hands is very complete. As long as a court is held, the odds of winning are high.

  As long as the ruling comes down as soon as possible, many rumors will be self-defeating. "

  Fu Jixun said sternly, "I know, in the face of facts, many rumors will not be able to turn the tide.

  However, the efficiency of the Magic City Court is really not high, and so far there has been no notice. "

  Xia Jingxing frowned, and hesitated: "You said...would it be Sequoia’s people behind the scenes? After all, Ctrip's headquarters can be in the magic city, and taxation and employment are all in the local area."

  Fu Jixun nodded slightly, he was suspicious.

"Oh shit!"

Xia Jingxing scolded him. He is now a paper tiger. It looks quite bluffing, but he does not have an industry deeply tied to the local area. It is a company that every place likes to pay large profits and taxes and solve large jobs. Got to coax.

  (End of this chapter)

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