Wall Street Legend

Chapter 208 Project

Ye Dongqing can make money on his own, so there was almost no risk of shortage of funds during the creation of Facebook and other Internet companies. Now that people know that he is rich, many people are coming to him trying to obtain financing from him.

Sammy Johnson is one of them. He is more radical. He came directly from Silicon Valley to Hawaii to meet Ye Dongqing in person, trying to sell his entrepreneurial idea to him and obtain financing from him.

Since the second half of last year, people have come to visit him almost every day. He once attended a party in the IT industry circle. From beginning to end, a total of more than 20 people contacted him for their projects. This shows that small and medium-sized entrepreneurs How short of money we are.

Currently, Silicon Valley is still in an economic downturn, and the fanatical atmosphere is long gone. After a large number of companies went bankrupt, a number of new projects have emerged one after another. Although there are many high-quality companies worthy of investment, not every good project can be successfully financed. , so that many entrepreneurs fell on the road to success.

Luck is also very important if you want to succeed. If Ye Dongqing had chosen to directly enter the Internet field to start a business, he might have been like these people, worrying about financing all day long, and finally had to use a large amount of shares in exchange for some A pittance of money is spent on development projects.

I can understand the pain of these entrepreneurs, but this does not mean that Ye Dongqing will be kind enough to help them. The reason why he agreed to meet with Sammy Johnson was mainly because the project this guy mentioned was more interesting. , he hopes to integrate all restaurants in the United States, and then use the Internet to provide food delivery services, and he can also help others purchase goods for a fee. For example, if there is something missing at home and he is unwilling or inconvenient to go out, he can place an order online and let others help. Finish.

Having read the project document, Ye Dongqing thought it was a bit confusing, but according to American habits, they often leave the phone number of the merchant. Many merchants have their own takeout delivery services, including Chinese food, pizza, fried chicken burgers, etc. There was Thai food and everything. Before the advent of smart phones, he was not sure whether anyone would go to the trouble of using a computer to perform such operations.

Even if it succeeds, the scale of the business will probably not be that big, and the profits will be very limited. After all, the takeout market is relatively mature, and the labor cost is too high. After meeting with Sammy Johnson in person, we finally decided to invest one million US dollars. , in exchange for 45% of the shares, Quan is just gambling for pleasure. If it succeeds, it will be great, but if it doesn't, it doesn't matter.

In fact, he feels that he can invest in a few more projects that he is optimistic about and spend a small amount of money to give it a try. Apple, Amazon and the like have already achieved success, and there is not much suspense about their future development. This has led to a lack of a sense of expectation, which is similar to gambling. It's almost the same. If you know what cards others hold, you can certainly win money, but in the end it will be very boring and lack a sense of accomplishment.

The layout is already quite large. If it continues to develop according to the current trend, Ye Dongqing will no longer have to worry about money in his life. Going to Hawaii for a vacation for a period of time caused his mentality to slowly change and he took a serious look at his own shortcomings. By the way, Make some small plans for the future.

You still have to make money, but you can't focus all your energy on money itself. You should also do charity and other things to enjoy life comfortably.

After making the promise of investment, he told Sammy Johnson to get out. Speaking of which, the two of them are still Harvard alumni. This guy graduated last year and went to Silicon Valley to start his own business. If it weren't for this relationship, Ye Dongqing wouldn't have spared the time. Come and see him.

Sitting in a seaside restaurant and ordering a pizza, he was about to taste the lobster meat on the pizza when he received a call from Boni Ma. After wiping his hands and answering the call, he said: Hi, I'm looking for you. What's wrong with me? I'm traveling in Hawaii.

Hawaii? I'm inspecting a company in Yanjing. Didn't I visit that company called Amazon last time? I found that we are also planning to engage in similar business. I want to come and learn about it, and then try it myself. , you are also a shareholder, so I want to ask for your opinion before the plan starts. Boni's voice came through the phone.

Ye Dongqing did not expect this. Now Tencent is rapidly expanding in the instant messaging business. In just one year, the number of users has almost doubled, and its performance has continued to rise. Some virtual items written in code have successfully passed through the hands of young people. I have made a lot of money and am trying to develop into games.

He originally thought that Bonny wanted to talk to him about going public again, but he didn't expect that he would want to imitate Amazon in online retail. Considering Tencent's current user base, it was not impossible to develop in this area. He turned around in his mind. Feeling that there was a way to make money, he immediately asked: Is there any problem with funding?

It should be okay. There is still some money on the books, and the company is also making money. I just set up a warehouse, buy some cars, and let others help deliver things. How much can it cost? If it doesn't work, I will definitely find the money when I go public and raise funds. , otherwise I can borrow money from you or raise funds from you. MIH Group agrees with my idea and they hope we can diversify our development.

This project is quite good. If you are interested, I will ask someone from Amazon to talk to you about their entrepreneurial experience. Now that I am about to join the Amazon board of directors, it should be no problem. When you are ready, send a plan to my mailbox. , as long as you don’t mess around, that’s fine with me.”

Ye Dongqing said that since Amazon can succeed, it means that this path is correct. Alibaba will also be very good in the future. I often see its name in the news. It is only 2004, and it is very likely to succeed in seizing the market. big.

After hesitating for a moment, he added: I remember that you have a company called Taobao. You can summarize its successful experience with Amazon, and then find the most suitable path. Americans have different habits from yours, in terms of costs and consumption concepts. Everything is different. My advice to you is don’t just care about the project itself, but also think more about how to make people willing to put their money with you, and then use the money to make money.”

……What's the meaning?

Forget it, just do it first. I'll talk to you about this later. If I talk about it now, it will be confusing. Ye Dongqing pointed to Ant Financial. He clearly remembered that this company could be called an Internet bank. Its later valuation exceeded With US$100 billion, it has become the world’s largest unicorn company.

Since Alibaba can create this kind of money-making model, he thinks he can probably do it too. He already has the money and ideas. The only thing left is to actually implement it. There is no need to worry yet. He needs to check the relevant policy terms first...

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like