Chapter 207 Project
Ye Dongqing can make money by himself, so there has been almost no risk of shortage of funds during the creation of Facebook and other Internet companies. Now people know that he has money, and many people who are trying to get financing from him come to him.
Sammy Johnson was one of them. He was more radical. He came to Hawaii directly from Silicon Valley to meet Ye Dongqing himself, trying to sell his entrepreneurial philosophy to him and get financing from him.
Since the second half of last year, people have come to him almost every day. He has attended a party in the IT industry circle. From beginning to end, more than 20 people have contacted him for his projects, which shows how short of money small and medium-sized entrepreneurs are.
Silicon Valley is still in an economic downturn, and the fanatic atmosphere is no longer there. After a large number of companies went bankrupt, a batch of new projects appeared one after another. There are certainly many high-quality companies worth investing in, but not every good project can be successfully financed, so many entrepreneurs have fallen on the road to success.
If Ye Dongqing chose to start a business directly in the Internet field, he might have been troubled by financing all day long, and eventually had to use a large amount of shares in exchange for some insignificant money to develop projects.
It is possible to understand the pain of these entrepreneurs, but this does not mean that Ye Dongqing will be kind to help them. The reason why she agreed to meet Sammy Johnson was mainly because the project mentioned by this guy is quite interesting. He hopes to integrate all restaurants in the United States, then use the Internet to do catering and takeout services, and can also help others purchase goods for a fee, such as if there is something missing at home and he is unwilling or inconvenient to go out, so he placed an order online for others to help complete it.
Ye Dongqing has read the project book, but according to American habits, they often leave the merchant’s phone number. Many merchants have takeaway delivery services, Chinese food, pizza, fried chicken burgers, Thai food, etc. Before the smartphone appears, he is not sure if anyone will do this by using a computer to perform such operations.
Even if it can be completed, the business scale will not be much larger and the profit will be very limited. After all, the takeaway market is relatively mature and the labor cost is too high. After talking to Sammy Johnson in person, he finally decided to invest one million US dollars in exchange for 45% of the shares. He said it was a small bet to enjoy the mood. It would be better if he succeeded, and it doesn’t matter if he didn’t succeed.
In fact, he felt that he could invest in a few more projects he was optimistic about and spend a little money to try. Apple, Amazon and other things have been successful. There is not much suspense in the future development, which leads to a lack of some sense of expectation, which is similar to gambling. If you know what cards others are holding, you can win money, but it will be 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. After a period of vacation in Hawaii, his mentality has gradually changed. He carefully examined his own shortcomings and made some small plans for the future.
Money still needs to be made, but you cannot focus all your energy on the money itself. You must also do public welfare and charity, so that you can enjoy life comfortably.
...
After giving the investment commitment, Sammy Johnson got out. Speaking of which, the two were Harvard alumni. This guy had 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 taken time to come and see him.
Sitting in a restaurant by the sea, he ordered a pizza. When he received a call from Boni Ma, he was about to start tasting the lobster meat on the pizza. After wiping his hands, he said, "Hi, what's the matter with me? I'm traveling in Hawaii."
"Hawaii? I'm inspecting a company in Yanjing. Last time I visited that company called Amazon. I found that we are also planning to engage in similar business. I want to come over and learn about it and try it in this area myself. You are also a shareholder, so I want to ask you for your opinion before the plan begins." Boni's voice came over the phone.
Ye Dongqing did not expect this. Now Tencent is expanding rapidly in the instant messaging business. In just one year, the number of users is about to double, and its performance continues to rise. Some virtual items written in code have successfully made a lot of money from young people and are trying to develop in the game.
He thought that Boni wanted to talk to him about going public again, but he didn't expect to learn to play online retail by Amazon. Considering Tencent's current user base, it was not impossible to develop in this area. He turned around in his mind and felt that he had a fortune. He immediately asked: "There is no problem with the funds?"
"It should be OK. There is still some money on the books, and the company is also making money. It's just a warehouse to buy some cars and ask others to help deliver things. How much money can this cost? If it really doesn't work, then I will definitely find money if I go public and raise funds. Otherwise, I can borrow from you and raise funds from you. MIH Group agrees with my idea. They hope that we will develop diversifiedly."
"This project is pretty good. If you are interested, I will ask Amazon company people to talk about their entrepreneurial experience. Now I'm fast-forwarding to the Amazon board of directors. It should be fine. If you are ready, send a plan to my email. As long as you don't do it randomly, I'll have no problem."
Ye Dongqing said that since Amazon can succeed, it means that this path is not wrong. Alibaba will be very good in the future. It often sees its name in the news. It is only 2004 now, and it is very likely to succeed in seizing the market.
He hesitated for a moment and added: "I remember that you have a company called Taobao. You can summarize its successful experience from Amazon and take the most suitable path. Americans and you have different habits, costs, consumption concepts, etc. My advice to you is not to care about the project itself, and to think more about how people willingly put money in your place and then use this money to make money again."
"……What's the meaning?"
"Forget it, you can do it first. Let me tell you about this later. Now it will be messy." Ye Dongqing pointed to Ant Finance. He clearly remembered that this company, which can be called an online banking company, was valued at more than 100 billion US dollars, becoming the world's largest unicorn company.
Chapter completed!