Bab 59: 060. Spend Another 400 Million! Sisi Was Dizzy, How Much Money Did This Child Have?
All kinds of questions and thoughts kept coming to Liu Sisi's mind, and she felt that Su Yan was becoming more and more mysterious.
'This kid really hides everything! Does he usually studie these things? I must ask him carefully!'
"Brother Wang Xing, actually, don't regret so much. Actually, I think the decline of Renren is just around the corner. I have been paying attention to your ventures since school network was first established."
The school network was established in 2015.
At that time, Wang Xing was still a penniless Internet entrepreneur.
It can be said that building the school network put him under considerable pressure.
Those days... they can be said to be an unforgettable experience for Wang Xing, but he did not expect that Su Yan would follow him from school network.
"Brother Su, have you really paid attention to the school network?"
"Yes, I am one of the first users of the school network. My ID is Su Yan."
Su Yan was an Internet addicted teenager in his previous life.
When he was twelve years old, he hung out in various black Internet cafes.
He knows everything about Need for Speed, Dungeons And Dragons and the like.
He can also skillfully access major websites and software such as Kuaibo.
"At that time, I saw many advantages of the school network. The first advantage is that as an SNS network platform, it has a relatively high degree of freedom and does not have complicated and cumbersome interfaces."
"The second advantage is the very convenient dating function, which even a novice can use skillfully. The third advantage is..."
Su Yan kept talking about the wise decision made by school network.
The purpose is lift up Wang Xing's self esteem, with his silent support.
Wang Xing soon became a little moody.
Everything Su Yan said was informative!
There was no intention of white-washing at all, it was natural adulation to the extreme.
'Let Wang Xing gradually get lost in it.'
The beautiful eyes of Liu Sisi in the back are even more brilliant!
Su Yan was actually able to make such a detailed analysis of an Internet company, It has the delicate feeling of peeling off cocoons and drawing silk.
Every point was made clearly!
Even professionals cannot achieve the understanding that Su Yan has!
"Then, Brother Su, why do you think Renren will decline?"
Ma Yun looked at Su Yan and felt more and more that Su Yan was not simple.
A young man who can actually understand Internet companies to such an extent that he is as knowledgeable as a aged professional, even made him feel embarrassed.
Su Yan is more suitable to be the CEO of Ali than him.
"First of all, Renren lacks privacy protection. Renren allows nudity and as such and doesn't filter it out, and even if the account is banned, their information is still saved on its server. This creates a crisis of feelings and insecurities."
"Secondly, Renren's content is repetitive. Renren's name is Renren, but it is actually still a school network in disguise. When you first enter, the rich and colorful interface life will make people linger. However, with the development of time, the user's threshold is gradually increasing."
"It would be boring for everyone to read this kind of information anymore. Also, the quality of content generated by Renren users is relatively low, and they are now unwilling to spend money to create content."
"This... can be said to be quite fatal."
Su Yan's words, let Yang Zhigang see the future of Renren.
'This young man is really a monster!'
He gave Yang Zhigang a feeling that he could see through the future of the entire Internet!
Liu Sisi listened to Su Yan's analysis very carefully, without missing a word. She never knew that she would be interested in tech companies like this.
Su Yan's talent is really too strong.
Seeing how Yang Zhigang and Ma Yun agreed with him so much. Liu Sisi knew that what Su Yan said was true!
"Another point. Renren has not consolidated its base. It always look into other businesses and want to open up more traffic channels. This is absolutely stupid."
"In a place like the Internet, as long as you can protect your professional field well, you will be able to gain incredible wealth in the future."
"On the Internet, winner takes all and forms a monopoly. This is an inevitable trend."
"if only you can dominate in one field, you will definitely have a smooth future. But if you extend to everywhere and try to taste everything, it will only make your death worse."
"According to Renren's current decision-making, waiting till they rebuild their base would be foolish. I am afraid that cash flow won't last this internet winter. You can say they won't find anyone to invest in them."
Ma Yun became quite emotional.
"Forget it, I once spent a lot of money trying to compete with MCA in the field of instant messaging, but in the end I burned so much money in vain and got nothing in the end."
"In a place like the Internet, according to Brother Su's saying, winner takes all. Here, it is not a mere philosophy, it's the harsh reality."
"Once you become big in a certain field, due to the spread of the Internet, a monopoly will inevitably be formed. For example, when everyone talks about online shopping, they will definitely think of Tao Bao. When communicating, they will inevitably think of penguin. "
Hearing Su Yan's words Wang Xing felt secretly happy. Renren still couldn't do it without him.
Before, he still couldn't see through the future of Renren. But now after Su Yan's analysis, he has completely realized it. The decline of Renren now seems inevitable.
"Of course...and the most important thing."
Ma Yun and Yang Zhiyuan both pricked up their ears.
Su Yan has said so much, but he still hasn't touched on the core? Has his understanding of the Internet reached this point?
"The most important thing is, without Brother Wang Xing, can Renren still be considered a complete Renren? No matter how powerful a thousand-mile horse is, it must be controlled by a skillful jockey! Not having Mr. Wang Xing as CEO is Renren's biggest failure and the most important reason for its decline."
Wang Xing felt an unprecedented sense of relief.
He felt that every pore in his body was intoxicated by Su Yan's praise. The decline of Renren was because it kicked itself away. Thinking about it, Wang Xing felt refreshed.
"Brother Su, that's ridiculous, I don't have that much ability."
Although he talks modestly, Wang Xing's mouth had more recoil than an AK48.
"Brother Su, come here, let me toast you. We won't go home until we get drunk."
Su Yan looked at Wang Xing who was so happy, he knew that his relationship with Wang Xing had been established.
Later, he can talk about the investment freely.
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Later into the evening, after several people bade farewell.
Su Ji and Wang Xing walked on the streets of Hangzhou.
Liu Sisi, on the other hand, held Su Yan's arm from the left and followed him, listening to the two chatting.
Now Sisi looked at Su Yan, and the brilliance in her eyes for Su Yan's eyes has never dissipated, even for a moment.
She can't help but feel that kind of admiration for Su Yan in her heart.
' I couldn't understand the Internet stuff he and Teacher Ma were talking about at all. But Su Yan is only 18 years old! What he said was so clear and logical that even Ma Yun and Yang Zhiyuan were extremely convinced of him. This is talent, a talent like a monster!'
"Brother Wang Xing, I heard that you are currently working on a shopping website?"
The happy Wang Xing nodded.
"Brother Su, I am indeed building a shopping website called Meituan, but now I just set up a server and there are not many users. If I want to officially launch it, I probably won't be able to last more than two or three years." [T/N: Meituan ~ Mi Tuan]
This is in line with the original timeline. It will be less than two years before Mi Tuan officially appears.
It is normal that Wang Xing is already under construction and preparation at this time.
"Brother Wang Xing, to tell you the truth, I have always wanted a general like you to expand my territory for me, so I have spent so much effort to let Brother Ma introduce us to each other. I happen to want to build a sharing website, so I want to buy a share of this website that you are building."
Su Yan's words made Wang Xing a little confused. Why invest in his website?
But Meituan hasn't even started yet.
"Brother Su, there are so many shopping websites on the market. Why do you want to invest in a rice dumpling that has not yet been formed?"
Su Yan looked at Wang Xing and praised Wang Xing calmly.
"There are indeed many group buying websites, and they are all copied from the United States. That's why I want to invest in Mi Tuan! It's because the CEO of Mi Tuan[1] is named Wang Xing." [T/N: Gae and corny.]
Su Yan's compliment made Wang Xing's face feel hot again, and his brain was buzzing as if it was exploding.
This kind of praise from the young master of Yancheng made him unable to get down.
"If Brother Wang Xing is willing, I can offer 400 million."
Su Yan dropped another bombshell.
Liu Sisi was a little dizzy. Su Yan had just spent 1.05 billion, and now he is spending another 400 million!
'How much money does he have?'
|[1] Mi Tuan/Meituan: Meituan (Chinese: 美团; pinyin: Měituán, literally "beautiful group"; formerly Meituan–Dianping, literally "beautiful group–reviews") is a Chinese shopping platform for locally found consumer products and retail services including entertainment, dining, delivery, travel and other services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing.
The company operates different apps and websites for different services. The Meituan site offers deals of the day by selling vouchers on local services and entertainment. By May 2014, the company had 5,000 employees. ~Wikipedia|
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