Chapter 625 Director of the Investment Department
If Li Mu is playing tricks, the average person is really not enough to watch.
Ding Zhenglin was speechless by Li Mu's rhetorical question. Muye Technology has never said anything about its financing. All this news came from Xu Jiaming's Mingcheng Capital, but the venture capital companies all know Mingcheng. The close relationship between capital and Muye Technology is not just as simple as capital cooperation between the two sides, but also the personal friendship between Xu Jiaming and Li Mu is also good, so the information transmitted by Mingcheng Capital is regarded as official news by these venture capital companies that are hungry for Muye Technology. No doubt about its authenticity.
At this moment, Ding Zhenglin also realized that he was in trouble. Since it was not what Li Mu said, he was here to scold Li Mu in person, which was really unreasonable.
Embarrassed and ashamed, Ding Zhenglin hesitated for a while, then wiped the sweat on his forehead, and said hesitantly: "I'm sorry, Mr. Li, I was impulsive just now, I take back what I said, and I hope you don't remember too small. I'm so sorry!"
Li Mu shook his head and smiled, and said, "I'm not as careful as you think, sit down and talk."
Ding Zhenglin nodded hurriedly, sat back in his seat with trepidation, and asked tentatively, "Mr. Li, since Muye Technology is not ready to fuse the C round, then why did you invite me out to meet..."
Li Mu said with a smile, "I asked you out today, in fact, I want to have more direct communication with professionals in the investment banking circle. Since Muye Technology has developed to this day, we have actually had little contact with the real investment banking circle, and it can even be said that there is no contact."
Ding Zhenglin nodded, but he was slandering in his heart. He was not ready to raise funds, and he asked me out to meet with serious business. You have been in contact with people in the investment banking circle. How can I deal with it when I go back? Is it all a misunderstanding? Muye Technology is fundamental Not ready to melt the C round? I am afraid that the boss will not believe it at all, they are more willing to believe that they are incapable of winning this investment.
Seeing Ding Zhenglin's thoughtful look, Li Mu asked him with a smile, "Mr. Ding, in your opinion, what are the areas in which Muye Technology urgently needs improvement in its financial operations?"
Ding Zhenglin put away the depression in his heart and hurriedly said: "Mr. Li, Muye Technology is now the top Internet company in China in terms of magnitude. I am a part-timer in a venture capital company, how dare I make comments."
Li Mu said with a smile: "Our scale is based on products, users and business models. We basically have no focus on financial operations. You are an expert in financial operations. I believe that in your eyes, Muye Technology There must be a lot of room for improvement.”
Ding Zhenglin hesitated for a while, thinking that since Li Mu was not going to talk about financing, he didn't need to be cautious everywhere, so he reached out and unbuttoned the front of the suit, took off the suit, carefully folded it in half, and folded it on his lap. After these series of actions, Ding Zhenglin let out a sigh of relief and said to Li Mu, "Sorry, Mr. Li, it's too hot..."
Li Mu smiled unkindly, and Lin Qingya next to him also pursed his lips in joy. Ding Zhenglin was relieved of his psychological burden, and facing Li Mu was much more natural than at the beginning, he loosened his tie with one hand, and said with a serious face: "Li Mu In general, to be honest, it is rare for a company of the size of Muye Technology to not pay attention to financial operations. It is on the one hand and externally on the other hand. Muye Technology itself has very few financial operations, that is, two rounds of financing, one Apart from the split of EasyTing Technology, there will be no other actions. For the outside world, several companies that are currently capital-related with Muye Technology are still your own industries. Strictly speaking, Muye Technology has not yet A real foreign financial operation.”
Li Mu nodded and said with a serious face: "You are right, the attempt and operation in the direction of financial capital is indeed a relatively blank area of Muye Technology."
Ding Zhenglin went on to say: "Since the rise of Muye Technology, the development speed of the domestic Internet has increased significantly, many new companies have emerged, and many new business models have emerged.
Looking for potential investment targets, not only us, but also the relatively large Internet companies in the industry have always been active in financial capital. NetEase has just acquired two online game development companies, and Kingsoft has invested in and acquired a number of security software developers. Company, Sina has established or acquired several shell companies outside in order to do a good job in the mobile value-added business. Everyone is not idle outside while doing their own business, but Makino Technology has rarely made any news, except for the acquisition of hao123. , there is no other action. "
Li Mu agreed with what Ding Zhenglin mentioned. From the establishment of Muye Technology to the present, he only had three questions in mind: product, operation, and revenue. His energy was almost exhausted by these three questions. There is no time and energy to examine the overall development trend of the Internet at present, and there is no time to study, which companies are still struggling in the early stage of business.
If we look at this problem from the level of Muye Technology, investment and acquisition can quickly solve the problems of horizontal development and strategic layout for Muye Technology. If Li Mu imagines the later generation of Tengxun to make the game business bigger and stronger, he can start to acquire As a game development company, if Li Mu wants to add a security software such as 360 Security Guard to the ecological closed loop of Muye Technology, he can also directly acquire a company engaged in security software research and development, and then bring its products for secondary development. Quickly come up with mature products; if you want to add another download tool, you can directly acquire Internet Ant or Internet Express.
Li Mu's demand for financial operations is not only as simple as registering an offshore company, executing offshore transactions, preparing for financing and even listing, but also needs a person who is good at spending money externally, and can focus on the company's business and spend every penny on the edge. If you have such a person as your right-hand man, once you start external capital operation, with precise vision and operation, the company's development speed can be improved to a higher level.
The rise of Tengxun has a classic routine that many people love and hate, which is his investment strategy. Its early rise relied on imitation, but after it has a certain strength, it has disdain to imitate, imitation is too tiring, and every day There are so many new models born, and it is impossible to be busy by imitation, so its really powerful classic routine is financial capital operation. Once there is a business or product that it is interested in, it will save time and energy. Investment or acquisition; if the other party rejects its own investment or acquisition, Tengxun also has its own complete response strategy. The first choice is to immediately switch to another company of the same type, give it money and resources, and let it rise rapidly so that it can be rejected before. Kill your own company, and if that doesn't work, then do it yourself.
In the more than ten years since its establishment, Tengxun has invested in hundreds of companies, investing in online literature, investing in Didi Taxi, investing in JD.com, investing in Meilishuo, investing in Dianping, investing in Ele.me, investing in bilibili, Weiying Times and other companies , and then make himself more or less involved and accounted for in all business lines of the entire network.
By 2016, if you want to find an Internet field that Tengxun has not been involved in, it will be almost as difficult as reaching the sky. Tengxun also uses this method to maintain its diversified development. It is impossible for it to have a market value of hundreds of billions of dollars in the future, which shows the importance of financial capital operations.
Li Mu also realizes that his energy is becoming more and more difficult to deal with the diversified development of the Internet industry, so he urgently needs Ding Zhenglin, a master with a unique vision and a high success rate to join him. In the future, all his energy will be gradually recovered from the major products. In the near future, he will not bother about the stable old business, and the formed new business will be gradually handed over to the stable development. Other capable people will do it for him. What he needs to do in the next stage is to focus on the grand strategy level and focus on yy and Taobao, two products that can be called nuclear reactors. As long as these two products remain strong, It can nourish countless and various "Internet factories". Once the era of mobile Internet comes, the third nuclear reactor will be built - WeChat. The era of WeChat is the era of mobile Internet and the era of data. Can start the fourth nuclear reactor - cloud computing business.
Once Li Mu starts up these four nuclear reactors and makes them bigger and stronger, Li Mu can be omnipotent in the Internet world.
So, Li Mu didn't beat around the bush, but asked Ding Zhenglin seriously: "If I invite you to be the director of the investment department of Muye Technology, would you be interested?"
Ding Zhenglin was stunned for a while, seeing that Li Mu didn't speak for a long time, but he finally came to a realization. He finally understood what Li Mu meant in his obscure words at the beginning. It wasn't how many stops before the listing, but how many people there would be in the listing. Get in the car, that's what he meant!
Ding Zhenglin did not consider changing jobs, he always felt that he was suitable for the financial investment industry, and Sequoia, as the most well-known multinational VC, is indeed an impeccable development platform. In front of Sequoia, a super financial giant, Makino Technology also Some couldn't make it to the table, so Li Mu's proposal didn't really appeal to him.
After being stunned for a moment, Ding Zhenglin said seriously: "Mr. Li, thank you for your appreciation, but I really have no plans to change jobs now."
Li Mu was not surprised by this answer, but asked him, "Can you tell me the reason?"
Ding Zhenglin said: "Sequoia is a unique platform. I feel that I can display and realize my own ambitions to the greatest extent under this platform."
(To be continued.)