Wall Street Legend

Chapter 228 Guidance (34)

Whether it is donating money or visiting Tencent, it is not an important event in Ye Dongqing's mind. He has not forgotten the goal of coming here, so he can just ignore some occasions that do not need to be taken seriously.

It was like visiting Tencent. It was more like making a show and letting reporters from media organizations take a few photos. Then he entered Boni Ma's office and told a bunch of people about these insignificant things. Most of them are chatting.

Before coming to China this time, he asked someone to compile a list of outstanding IT industry companies worth investing in. Tencent's name is on it, as is Alibaba, and Sohu, Sina, and NetEase have long been listed on Nasdaq. Listed on the market, to be honest, Ye Dongqing is not interested in them at all, because there is little news from later generations, which means that the influence is average.

What makes him embarrassed is that his past memories are not necessarily completely correct. After all, with his arrival, the world has changed too much, so it is necessary to learn to look at problems with new eyes and select those that are truly worth investing in. For high-quality businesses, it takes more effort and experience to judge whether a company is really worth investing in.

At this moment, Ye Dongqing was sitting on a chair, smoking a cigarette and introduced: The process that Tencent is currently going through has also been experienced in the United States. I mean that in the early 1990s, the Internet had just entered people's lives. Everything you see is novel, and this is a very critical time. You must be more careful and leave a good impression in the minds of users, so that in the future, users will still have a good impression and continue to use the products produced by our company.

The United States is different now. Maybe you know that I am also working on a social sharing platform, sharing pictures, texts, voice calls, etc. QQ does not work in the United States. They are tired of seeing redundant things. They prefer simple pages and simple operation methods that can meet their functions. This is also Facebook's development philosophy. Of course, I'm not saying that your products are not good enough, I just want to say that times are constantly changing. Who could have predicted that AOL, with such a large user base, would suddenly almost go bankrupt? You are the company's executives, so you cannot make the same mistakes that have been made elsewhere, and you must be prepared for any change in market winds.

Just a few minutes ago, Boni asked Ye Dongqing to say something to these company executives, so Ye Dongqing said that in the business field, age has never been a problem, and now his achievements are higher than everyone present, so No one thought anything was wrong.

Zeng Qing said: The situation here is different. Adults rarely learn how to operate computers except for work needs. The price of this thing was too high in the past. It has only become popular in recent years, so the average user They are young people in their teens to 20s. They like to play games and things with more personality, and they are willing to spend money. We have done statistics on these.

“Very good, data and goals are extremely important for Internet startups. Knowing what users want is half the battle, and making the product meet the needs of users is 100% successful.

My Facebook program is popular in the United States. The main reason is that the group of people who have learned how to use computers since the 1980s and 1990s have grown up. They no longer need other things. It is enough to be able to change the avatar, not Play with Barbie dolls like a kid and spend money changing their clothes. You have found the right entry point. This is a very good start. You may be able to make more attempts in the future, such as developing a program that is more in line with the needs of adults. I even helped think of a name, called WeChat or Line.

This was probably a joke Ye Dongqing made for his own amusement. When he went to the Shanghai Stock Exchange, a friend let him experience using WeChat to scan a QR code, and he remembered it deeply.

He is bound to get the shares in the MIH Group. Recently, he has begun to send people to contact the people of the MIH Group privately. The strength was not enough during the last negotiation, but now it is enough. It depends on Ye Dongqing's reluctance to raise the price. He knows The rewards it may bring, so of course I’m willing to give it up.

Different from ordinary people, Ye Dongqing's advantage is that he has a longer-term vision. Proposing a valuation of US$600 million can sway the executives of MIH Group, which is a premium of almost 50%. Even if someone offers a valuation of US$1 billion, he will not hesitate. You won't sell the shares of this kind of company, that's the difference.

If it can be negotiated, apart from the founding team, he will be the only super shareholder of Tencent, with a shareholding ratio of more than 70%. Therefore, he does not mind leaking some information in advance and quietly changing the situation in the office. The concept of a group of people allows them to see the dazzling stars in the future. Ye Dongqing hopes that this group of people can develop according to their own ideas and expand a second place independent of Silicon Valley based on Tencent's existing huge user base. an internet empire.

If this idea becomes a reality, Ye Dongqing thinks that he will probably be able to leave a mark in history. As for how much book wealth he will have by then, it is currently impossible to estimate. Anyway, it will be so much that even he himself can't. Dare to think.

In order to avoid being regarded as a madman by others, he could only enjoy this kind of thing secretly by himself. Bonny was thinking about what Ye Dongqing said. He had to admit that Ye Dongqing did see further on these issues. The original small goal Having been overturned with many phone calls, a larger business map has emerged in my mind, as evidenced by my attempt to enter the online mall business.

If Ye Dongqing hadn't let him visit Amazon's headquarters in Seattle, this guy wouldn't have had the idea of ​​building an online mall on his own. He also poached Alibaba executives in an attempt to get more inspiration from the newly established Taobao.

At this time, Boni suddenly had the urge to create a Chinese version of Facebook, because he knew that the young people using QQ today would eventually grow up, and if he did not plan ahead and seize this market, he would be replaced by other companies in the future. Lose.

Just like what Ye Dongqing said about AOL, it declined under the impact of Facebook. To be precise, it was no longer good before. Ye Dongqing was the last straw that crushed it. After its main business was replaced, it continued to decline. There was no hope of a turnaround. Originally, Microsoft was somewhat interested in acquiring America Online, which was about to go bankrupt.

He clapped his hands to attract attention and said: Okay! This project is also on the agenda. When it is ready, we will develop a social product for adults. There will be no QQ show, no hierarchy, etc., just like Facebook. Just rely on advertising to make money...