Chapter 76: Friends of China Internet Industry (Part 2)

After hearing Wang Bin's new proposal, the two presidents discussed separately for another night.
Jack Ma has a hesitant profit outlook, and Ma Huateng has approved the agreement.
In fact, from the perspective of historical development, Wang Bin or Wang Ai's agreement is also sincere. In 2011, Alibaba, which has set off a huge wave in Chinese society with Taobao, received a $ 1 billion investment from Yahoo, and its share reached 40%! At this time, Alibaba's self-hematopoiesis was already very powerful, and Yahoo's investment was merely accelerating its expansion process.
In 1999, more than ten years ago, the total investment was 70 million US dollars, which only accounted for 10% of the undiluted equity. After all, more than 10 years later, a 10% stake is only $ 250 million. In the past ten years, where the US $ 70 million development has been turned into 250 million, it is only 3.6 times. Even if you buy a house in Beijing, the house price in the Third Ring Road was 3,000 yuan in 1999, and it reached 58,000 yuan in 2011, a 20-fold increase. Compared to the steady growth of housing prices, investing in an Internet company with an unclear prospect and a long-term risk has quadrupled in ten years.
Therefore, Jack Ma didn't struggle for a long time, and was very happy to sign an agreement with the Beyond Internet Investment Company represented by Wang Bin. The agreement has satisfied both companies for more than a decade. It was not until the two companies went public in the United States respectively that their total market value exceeded $ 400 billion before some noise appeared. After all, the value-added speed of 70 million to 40 billion is too fast.
However, as soon as the noise came out, they were strongly pressed by the two horses, and even Ma Huateng of the Buddhist department was not polite. This kind of red eye disease is really not conducive to the development of enterprises. Besides, the 10% shares of Beyond Internet Investment Corporation have never been shot. In other words, people are optimistic about the development of their business, but never thought of selling shares for profit, even if it is worth 40 billion? For such long-term holders, the market value is only a reference, because the stock market has fluctuations, it is normal for 400 billion today and 200 billion tomorrow. In the past ten years, what Beyond Investment has received is only a little company dividends and the salary of Wang Bin's independent directors.
What many new employees who make noise do not notice is that all the first-generation entrepreneurs have not made any noise, because they know what many newcomers do not know.
For example, after injecting such a huge amount of capital, Beyond Internet Investment Company has never interfered with the operation of the two companies; when there are disputes within the company, it has never intervened, but always silently stands behind the two horses .
More importantly, in the early stages of the development of the two companies, Wang Bin's companies gave the two Internet companies great help, even help that was difficult to measure with money. For example, after the historic meeting, Wang Bin saved the two presidents and invited them to attend the celebration party after the three major papermaking groups signed the agreement. This is an extremely rare opportunity for two Internet companies at the start-up stage to expand their contacts. Participants at the reception included leaders from the Development and Reform Commission and the Ministry of Industry, as well as corporate group bosses with the same financial strength and social impact.
Although the two companies met this time did not seek more investment, nor need it for the time being, but their contacts have greatly expanded. Since then, until the two companies have established a firm foothold, as long as Wang Bin attends any major business event, they will call the two presidents and ask if they are interested in participating. In other words, at this time it was Wang Bin who played with the two of them. Also because of Wang Bin's leading role, they have faster access to a wide range of political and business levels and have also received more investment from Chinese companies. Of course, due to Wang Bin's encouragement and encouragement, these Chinese companies that have invested in the two companies have also paid high respects to Wang Bin after many years.
At the same time, at the critical stage of the development of the two companies, the Wang family's family business also gave great support. For example, with the returnees gradually entering the Chinese market, MSN is Tencent's core business QQ's biggest rival in the early development. Although MSN China was officially established in 2005, this is the official MSN website and does not mean that MSN chat software is in China. In fact, on the Chinese Internet in 1999, there were no fewer people using MSN than QQ. The former is mainly promoted in the high-end crowd, while QQ is used by real Internet beginners. Although the two softwares are obviously user-friendly for QQ, they cannot support the early development of MSN, and have established strong stickiness because of friends in most people with a returnee background.
In this difficult stage of QQ development, after accepting capital injection from Beyond Internet Investment Company, Beyond a series of Internet cafes began to uninstall MSN and install QQ. In 1999, there were only 4 million Internet users in China, and only 1.46 million Internet computers. Among them, over 60% of Internet cafes. However, the characteristics of Internet cafe computers are that each has more than ten users on average, which is equivalent to QQ having a fixed 300,000 user group in one month, accounting for eleventh of the total number of Internet users in China that year.
More importantly, with its high-density coverage beyond Internet cafes in Liaoning Province, QQ has established itself in Liaoning Province and has a stable user base. After the high-quality users of Internet cafes generally used QQ, they began to extend to a wider range of high-end people through their interpersonal relationships. Finally, with the support of local high-end people, QQ repelled the MSN supported by high-end returnees.
In the critical period of Alibaba's development, it also received strong support from the Wangjia enterprises. When Taobao was established in 2003, two reputable enterprise products of Northern Paper Group and Dumb Food announced a high-profile move into Taobao. It was the first of the large domestic enterprises to establish their own official flagship store, and later became the first For cat members, this kind of action has created great confidence for both Taobao's merchants and buyers, and almost stabilized the situation of Taobao.com. At the same time, Sihai Logistics, which had been independent from Northern Paper Group at that time, highly supported Taobao's merchandise distribution in the three eastern provinces, eastern Inner Mongolia, and Beijing-Tianjin area, and it was greatly solved with the characteristics of high density, high strength, high speed, and high security. Taobao's early logistics dilemma. Because of this strong support, Taobao also took the lead in establishing a foothold in northern China.
More than ten years later, a person who worked with two of Mr. Ma separately discovered Wang Bin's existence, so he published an article "Father of China's Internet Industry" in "China Economic Weekly". The relationship between the development of China's Internet industry has been analyzed, and the veteran of the industry has been praising the Internet industry's continuous investment and strong support for many years. As soon as the article came out, not to mention how ordinary netizens paid attention to it, Internet gangsters didn't say anything, as if they had defaulted on it. After all, the powerful Beyond Internet investment company is already recognized as the incubator of the Chinese Internet industry.
Unexpectedly, a few days later, Wang Bin, who was busy, took the time to visit the magazine. The editor-in-chief of the magazine accompanied him personally, and a sudden visit to the notorious NPC representative and vice chairman of the Federation of Industry and Commerce was inevitable.
Wang Bin was interviewed by the editor-in-chief on the spot. The next issue of the magazine was published publicly under the title "Wang Bin: I am only a friend of the Chinese Internet industry."
Wang Bin said publicly that if it is necessary to say that the role of the father of China's Internet industry exists, it should also be scientists who have been working on computers and Internet-related technologies for decades since the founding of the People's Republic of China. They have laid the foundation for China's Internet development. The basics. At the same time, it should also be the leaders of those companies that lead the Chinese Internet industry to overcome its thorns and embarrassment. Some of them are still in Internet companies, and some have left the industry. And I still do n’t know much about the Internet until today. In the final analysis, I am just a layman. It is an exaggeration to say that I am the father of the Internet industry. It makes me feel ashamed. At best, I am just a friend of the Chinese Internet industry, and there are many friends in the Internet industry like me.
Two days after Wang Bin's interview appeared, a thousand-word essay titled "True Friend, Liver-to-Lantern Photo" suddenly spread on the Internet, and the details of the important meeting in the Beijing West Hotel in the summer of 1999 were disclosed for the first time. In this meeting, which was ridiculed by netizens as the "quartet talks", there were two presidents who later became famous around the world, as well as industry leaders, Wang Bin, the Chinese paper king, and the world-renowned football superstar king. Ai. At the same time, it also disclosed some examples of a series of companies such as Northern Paper Group and Tencent and Alibaba helping each other over the years. Finally, they summed up the close and trusted cooperative relationship between the two sides for more than ten years. Most notably, the author of this article, named "Ma Shuang", is an unknown author who suddenly appeared.
This article is very special, and many of the details are known to outsiders for the first time, so many people speculate that it should be written by the two presidents. "Ma Shuang" is equal to "Ma Shuang", which is equal to "Shuang Ma". However, it is very difficult to rank before and after the position of two horses, so it is simply called "Ma Shuang". This was later accidentally acknowledged by Jack Ma during a visit.
The interview documentary of Wang Bin's personal visit and the joint article of two President Ma have become the footnote of the historical positioning of Wang Bin's "Friends of the Chinese Internet Industry", and also the rapid development of China's Internet industry for more than ten years, creating countless brilliant A microcosm, of course, has also become a story of intimate contact between the two sides.