My Age of Investment

Chapter 775 Who is the fisherman when the snipe and the clam compete?

Dongshan villa home.

Xia Jingxing hugged a laptop, browsing the latest hot news.

Except for the fact that netizens ridiculed his status as the "leader", Thousand Oaks was the most talked about and the most popular.

The activity budget of 400 million yuan was spent, and the students who received prizes and bonuses on campus all thought about the goodness of Thousand Oaks and the goodness of Chen Yizhou.

In contrast, the prizes and bonuses issued by Hainei.com are a bit out of reach.

Also, people are forgetful.

The most popular activity launched by Thousand Oaks is inviting friends to register on 5Q Campus Network to send phone bills.

Some students in a class were invited to post background screenshots to show off on the Internet, and the phone bills for four years of college were saved.

As soon as this picture came out, it immediately became popular on the Internet, and the students rushed to follow suit.

In contrast, the tranquility of Hainei.com does not match Xia Jingxing's status as the richest man.

This has also become strong evidence that Internet trolls have picked up the richest man.

If you have money, use it to engage in activities!

Xia Jingxing's public homepage became the hardest hit area for comments.

"Mr. Xia, please give me some credit, I haven't been willing to call for several years."

"Internet begging? Why don't you ask Mr. Xia to give you a mobile phone?"

"It's okay to send a mobile phone as well. It fits Mr. Xia's status as the richest man. You can't lose the table."

"Moral kidnapping, right? Hatred of the rich?"

...

In the message area, two groups of people scuffled into a ball.

Xia Jingxing never expected that the Internet in China had already degenerated like this.

Looking through other news, he saw such a report that a white-collar woman with the ID of Accord woman published her Chongfu video speech, which led to verbal criticism from the whole people.

And this Internet incident, marked by the video released by him, "People with a monthly salary of less than 3,000 yuan are inferior", reached its peak, with over 10,000 messages in a single day and millions of hits.

He was in the United States in his previous life, so he didn't know much about these domestic cyber incidents.

After becoming interested, Xia Jingxing followed the clues and found out the source of hype for this internet incident - Qing Entertainment Website.

This is an original video website launched by Tudou a few months later. The various videos in it are very eye-catching, exposed, private, and of various large scales. There are also videos such as "Jay Chou claims to be descended from the Japanese" that attract eyeball traffic. .

Xia Jingxing instantly understood,

This is the website hyping up network events to attract traffic to itself.

Compared with more than ten years later, domestic netizens are still very innocent at this time. Millions of people went to video sites to scold gold diggers, and then found that there were more videos that could be scolded, and then stayed.

In terms of online speech, the control is still relatively loose at this time, and there are even more websites that play side-by-side.

While Xia Jingxing was browsing the video, a servant suddenly walked in.

"Sir, a Mr. Tong is looking for you."

After getting Xia Jingxing's instruction, the servant led Tong Shijie into the house.

After sitting down, Tong Shijie first explained Thousand Oaks' recent plans, and then talked about Xia Jingxing's ordering him to investigate.

"Mr. Xia, those rumors on the Internet were definitely not spread by Thousand Oaks, and Zhang Fan and the others were completely unaware of it."

Xia Jingxing frowned and murmured, "Who could it be?"

When the internet rumor first appeared, he thought it was Thousand Oaks.

But later signs showed that Thousand Oaks was wronged by him.

Of course, he was not in a hurry to defend himself, such as posting a photo of tens of billions of deposits to netizens...

That effect is too bad!

And I'm sorry for this divine assist.

Originally, he thought that Thousand Oaks would see a good development momentum, and would soon increase the activity budget, investing most of the funds in a battle with the domestic Internet.

As a result, when it came to a critical juncture, Xiong Xiaoge was timid and planned to make a fuss.

This made his idea of ​​gathering and annihilating come to nothing!

He originally planned to take advantage of Thousand Oaks to hurt Zhang Fan and the others, and make the fund investing in Thousand Oaks a loss.

This is one of the few ways that can hit VCs hard.

If Sequoia, IDG and other institutions hadn't invested heavily in Thousand Oaks for more than 100 million US dollars, it would be difficult to clean up the venture capital institutions.

According to the practice of general venture capital, a fund invests evenly in more than a dozen or more than 20 companies.

If that's really hard to deal with, you can't beat so many companies!

Unexpectedly, these companies are greedy for the popularity of SNS, and learn from Softbank to take the heavy warehouse route.

This investment model is to invest in a few companies with a high degree of concentration, and make big bets to win or lose.

He found that the reason why those people were like this had something to do with what he did.

He has highly concentrated investment in less than ten Internet companies.

This also sold a loophole to Zhang Fan and the others.

Those people also thought that by defeating companies such as Domestic, Autohome, Dianping, and Tudou, they would be able to destroy the first phase of the venture capital fund of Envision Capital.

To destroy a venture capital institution is not to destroy it into scum, it only needs to destroy the first phase of the fund.

The SoftBank Vision Fund, worth hundreds of billions of dollars, has lost its market competitiveness due to the decline in the valuations of several companies such as Uber and WeWork, which directly led to the abortion of the second phase of the fund plan.

It's all the same!

Generally speaking, venture capital institutions do not have any funds of their own, and rely entirely on their brands for food.

Originally, he didn't have any deep hatred with several top domestic venture capital institutions, but he wanted too much, couldn't cooperate, couldn't cooperate, and everyone could only be enemies.

Of course, the intensity of competition can actually be maintained at a low level.

But there is no way, who let Sequoia and IDG invest exclusively in the competitors of Envision Capital.

This competition is a battle of life and death for the start-ups invested by both parties, and it is a pawn.

As for the capital of the two parties playing chess, if they lose, they can't afford to go around.

Even if you have money like Vision Capital and are not afraid of losing money, if you lose this battle, you will have a hard time later.

It doesn't matter if you have money, there are all failure cases in your hands, and founders with a little pursuit and better choices will not choose a loser as a partner to accompany them in the mall.

Entrepreneurs may think: What if you guide me to some wrong strategies and fail? No matter how much money you give, I won't dare to play with a depraved god like you.

At present, there is no such kind of decline in the market, because if it really loses like that, it will be closed long ago, unless there is a project that counterattacks and directly supports the return rate of a fund.

He thought, Xiong Xiaoge has given up, and it's fine if Thousand Oaks doesn't burn a lot of money. Anyway, the days are still long, so let's settle it slowly.

Unexpectedly, his personal financial crisis began to be exposed on the Internet.

He didn't rush to explain, he wanted to see if Thousand Oaks would believe it.

It just happened to coincide with the recent failure of Vision Capital on Wall Street. He judged that someone might take the opportunity to steal the tower.

The right time, place and people are all available, and it is not wrong for Thousand Oaks to jump in.

When Tong Shijie brought him the good news, he was very happy for a long time.

But there is always a question in his mind, who is playing tricks?

If not Thousand Oaks, Sequoia, IDG, who would it be?

Xia Jingxing was full of confusion.

Seeing the doubts written on the boss's face, Tong Shijie tentatively asked: "Could it be those home appliance companies who did it?"

Xia Jingxing shook his head, "No, this is obviously not a traditional corporate style. Judging from its methods, it has a strong Internet color."

At this moment, the mobile phone on the coffee table rang, Xia Jingxing picked it up and saw that it was Huang Xin calling.

"Dai Lun, QQ alumni held a press conference today, announcing a new upgrade and revision, officially changing its name to Youyou."

Xia Jingxing said in his heart that he was an expert, he knew who did it.

Wouldn't it hurt to treat shareholders like this?

Huang Xin said in a hurry, "Daren, do we have to wait? Friends.com has changed a lot this time. It is obvious that it has swallowed up the campus market and sharpened its sword to the entire social market."

"Don't worry, let the bullet fly for a while!"

Xia Jingxing found it more and more interesting, Penguin shot a smoke bomb, and Thousand Oaks swung a knife at Hai Nei Wang.

When the snipe and the clam compete, the fisherman benefits!

But why didn't the penguin wait any longer?

Could it be that Penguin has involved himself, and really believes that he has a financial crisis?

Needless to say, this possibility is not small.

In the eyes of the outside world, Haineiwang has been on hold, which is obviously a manifestation of insufficient food and grass.

Now Penguin couldn't hold back anymore, he didn't want to wait for Haineiwang to make a move, and ended up in person.

Then Haineiwang will become a fisherman!