Wall Street Legend

Kanike happened to be fine, and after waiting for a while, he accompanied the young boss Ye Dongqing to go out to the vicinity of Fifth Avenue in Midtown.

That night, they met Zeng Qing, now the chief operating officer of Tencent. This person is one of the five founders of Tencent. He joined the company in 1999. Considering the current valuation, it can be said that his ability is not low. .

Boni Ma recently had a meeting that he couldn't avoid and needed to attend, so the task of meeting with Ye Dongqing to discuss financing was handed over to Zeng Qing. The two parties met during the road show and just said hello. The kind who have talked too much and are not familiar with each other.

To this day, Kanek still doesn’t understand why his boss values ​​that company.

After all, counting down the market value rankings of global Internet companies, currently no company in China can crack the top fifty, and none of the powerful Internet companies such as Microsoft, Oracle, and Yahoo are even among them.

In his view, Tencent is similar to instant messaging tools such as AOL and ICQ. There is actually a market for it. Considering that Ye Dongqing has been busy running a startup called Facebook recently, it makes sense to value this field. I was just accompanying guests tonight. After introducing myself, I sat there without saying a word.

There was also a reason for not being able to understand them. The two of them were talking in Chinese, and it was strange that Kanak could understand them.

The name of the restaurant is Gold Coast and it specializes in a variety of seafood and Western food. After Ye Dongqing finished his courtesy, he ordered an Australian lobster and an abalone, then handed the menu to Zeng Qing and asked him to order whatever he wanted. Until now, they have met We haven’t gotten to the main topic yet, the topics mainly revolve around jet lag, New York attractions and other topics.

They are both young, Zeng Qing and Kanike are about the same age, and Ye Dongqing is several years younger than them.

Perhaps it was because he met Chinese people in New York and felt friendly with them. Zeng Qingzheng smiled and said, Xiao Ma has already told me your thoughts. The main purpose of coming to the United States this time is to inspect the market. In fact, I don't think much about merging Sohu. I agree, it will help Tencent to develop its business, but it will not have much effect and will only put us into a loss situation again.

According to my opinion, we should focus on building our current business now. Our company needs your funds. If we give up the acquisition, we may use the money in the development of games and news websites. He has a special affection for Sohu. Maybe you don’t know that one of the reasons why Bonny embarked on the path he is on now is because he listened to the speech of the founder of Sohu. It cannot be said that Sohu is not good now. The main reason is that there is not much We have similar ideas about the great necessity. Why spend so much money on it if you can do it yourself?

From an investor's perspective, I don't think it's necessary. Let me explain in advance that I have no intention of interfering with your company's management. I am just making suggestions.

Seeing him finish ordering, Ye Dongqing handed the menu to Kanike and continued: I don't think your company has clearly realized the value of so many users yet. Tens of millions of users are enough to accomplish many things. , such as developing your own products and then using your own channels to promote them. American Internet companies like to do this.

The reason why I came up with the idea of ​​investing in you is mainly to value these resources. Unlike traditional companies, you and Boni should be more divergent in thinking. Think more about how you can seize the market in other areas by using these resources. The games and news you just mentioned are quite good, and online shopping malls, search engine tools, etc. are also worthy of attention.

We understand the communication, just because it is more straightforward, Zeng Qing does not like those empty-headed, roundabout ways of talking, nodded and said: I also tried to persuade Boni to continue to get the 50 million from you. The reason for the US dollar financing, he told me how many months will it take for the funds to arrive?”

That's right, I have a good project in my hand now, which has occupied a large amount of funds, and they will be invested by me in about four months.

Since we all think that financing is a good thing, I think we can continue the discussion. I told Boni last time that I only invest and do not have decision-making power. I will give some suggestions according to my ideas, how to implement them and whether to adopt them. , that’s all your business. I will never harm myself by investing such a large amount of money, so don’t treat it as nonsense, at least you should understand it carefully. I have to say these ugly things first, you know what I mean, right?

This is what it should be. You are also engaged in Internet product development, and you know the market here in the United States. Although the national conditions are different, the principles of doing business are the same all over the world. If we finally reach a cooperation, do you have any suggestions for me or Boni? It will be all right.

Zeng Qing answered seriously, how could he not pay attention to a potential investor who could allocate 50 million US dollars in capital at once? The giant currently eyeing Tencent is only one MIH Group, with a single source of funds, resulting in MIH Group The stakes are getting higher and higher.

It is now so high that founders like them have to be vigilant. Adding another investor will be beneficial to them. At least they don’t have to worry about the decision-making power falling into the hands of others.

Although MIH Group and Tencent currently maintain a delicate and harmonious relationship, no one is sure that it will be the same in the future. They have not signed an agreement to completely give up decision-making rights, but have only reached a verbal agreement. There is no guarantee that they will not change their minds in the future.

That's great. If you are interested, you can visit New York in the past two days, or I can accompany you to Seattle and Silicon Valley to see several other companies I have invested in, including an online shopping mall called Amazon. The operating model is quite good. Ye Dongqing looked at the other party's attitude and felt that the business could probably be negotiated, and he couldn't help but feel good.

Zeng Qing told him: I know Amazon. We have a similar company in China called Alibaba, but the specific business is different. In Alibaba, private merchants and customers are directly connected through this platform.

I know that you should pay more attention to that company. If you use the money you plan to acquire Sohu to invest in it, I will definitely support it with both hands.

Deliberately revealed some information.

When the negotiations between the two parties are going smoothly, Ye Dongqing is quietly trying to instill some of his own ideas into the mind of the Tencent COO. They will not allow Tencent to take off all of a sudden. If they are truly adopted, the future You can achieve more benefits.

This was necessary. Fifty million US dollars was not a small number. He had to ensure that his investment would not be wasted. Even if he made less money, it would still mean failure.

He was well fed and taken care of, and we met for three days in a row.

Zeng Qing had been communicating with Boni Ma, and after feeling that there was no problem, he quickly finalized the financing matter. The MIH Group kept it secret for the time being, not letting them know that the plan to acquire Sohu had been shaken, in an attempt to raise financing first, and then talk.

MIH Group, including Ye Dongqing, is considered an outsider. Their founder team has a better relationship with each other, and the starting point for making decisions is to consider their own interests. After everything is settled on January 20, both parties A tentative agreement was signed. The formal document will have to wait until the lawyer draws up a solid contract before signing, but it has been finalized.

The investment layout is slowly improving. According to the development that Ye Dongqing hopes to see, and with the warrants purchased one after another, he is investing in several companies with high potential in the Internet, a field that is about to achieve high growth in the future. He can almost breathe a sigh of relief. As long as nothing unexpected happens, including Facebook, the capital in his hands is enough to keep him food and drink for a lifetime.

The crude oil futures market has been quite weird recently. After falling, it started to rise again. The ups and downs have made Kanike unable to sleep well recently. Little Edward also called Ye Dongqing to communicate once.

Holding a large amount of oil long orders in his hand is enough to put the name Leo Ye into the eyes of some people.

He is used to keeping a low profile, and has a style of making a fortune in silence. He never shows off anything unless necessary. However, things did not go as expected. Ye Dongqing did not look for trouble, but trouble actually found him.

The origin of the whole thing starts from yesterday.

A well-known reporter from the Wall Street Journal found Mr. Andy Kessler, a well-known American venture capitalist, for a special interview. He was supposed to talk about medical reform. It was an open topic, but he was unknowingly brought to crude oil futures. market.

As one of the recent bearish forces, this well-known venture capitalist said during the period as if he was telling a joke: Oil prices will definitely fall. Several of my friends and I are bearish, and Who are the bullish people? I heard that a Chinese American who is still in high school, he seems to be only 17 or 18 years old, actually raised a large sum of money, almost 40 to 50 million US dollars, to be bullish on crude oil futures. If It’s not that my friend is very honest, I must have thought he was joking with me. Now that the threshold has become lower, anyone can enter and play futures. I hope he won’t lose all his parents’ money in the end, because oil prices will definitely fall.”

Being in an extremely irritable working environment for a long time has resulted in few bosses in the financial sector having a good temper, and many of them scold their employees whenever they disagree.

Mr. Kessler casually said it, and the Wall Street Journal found a bright spot. It published an article on this topic, with the title Hundreds of millions of dollars in oil futures for high school students? Ye Dongqing's name was in the article, Tamsui The name of the fund company is also there. It seems that the editor has worked hard and even found Ye Dongqing's teacher.

Just like this, most of the financial circle quickly became aware of this ungrateful little guy like Ye Dongqing.

He was joking but also a little envious. After all, it is not easy to get tens of millions of dollars to trade futures. According to the Wall Street Journal, the teacher had no idea that this little guy's family had money and he had always been very wealthy. He is withdrawn, does not like to participate in group activities, and is relatively talented in mathematics. These are the exact words of his teacher.