Chapter 2620 Smart Man

While Masayoshi Son was meeting Chief Yang in the United States, Feng Yiping was also busy in China.

After a big meal with the leaders of five provinces and cities, he met with Chen Yizhou, the boss of Renren.com, who came to Guangzhou specially.

Renren.com, formerly known as Xiaonei.com invested by Zhiben Capital, was acquired by Oak Pacific Interactive under Chen Yizhou in the fall of 2006.

After the acquisition, it was quickly renamed Renren.com. It was also for this reason that the somewhat wealthy Mr. Chen was a little unnatural when facing Feng Yiping.

During the period of Xiaonei.com, it was mainly focused on social networking within the university. Now that it has been renamed, as the name suggests, it is naturally facing the whole society.

This is equivalent to once again imitating Facebook's routine, so when he met Feng Yiping, it was really a bit like a fake meeting a real one.

But Li Kui was unexpectedly friendly, "Welcome, Mr. Chen, I'm sorry to bother you to come all the way here,"

Feng Yiping looked at the pioneer in the domestic Internet field in front of him, and felt a little emotional.

Most of the people who are starting Internet businesses in China now shine in the future, and only a few are gradually forgotten by the public.

Mr. Chen, who still looks quite young, is one of them.

Speaking of which, this matter is really not right.

First of all, Mr. Chen is a very smart person, which even got the stamp of Zhou Dapao, who has always been rebellious.

Although he was not as dazzling as his classmate Lei Jun in the early stage of his career, he was still evaluated by many people as smarter than Lei Jun.

In addition, to be honest, he started social networking earlier than Feng Yiping.

aRen, that is, the alumni directory, was sold to Fox Factory for about 30 million US dollars in 2000, and he also became the vice president of Fox Factory.

But how could such a smart and capable person work for others?

So he soon started a business again, established Qianxiang Interactive, and invested in and acquired a series of companies.

Among his acquisitions, Xiaonei.com was not the most expensive, but it was his most successful project later.

It was successfully listed in the United States under the banner of China's Facebook. Its market value once exceeded that of a number of well-known companies in the domestic Internet industry. Unfortunately, it seemed that the peak came quickly and went away quickly.

Feng Yiping was not very clear about the relevant reasons. This time, he asked them to collect some information. Finally, Feng Yiping felt that Mr. Chen's enthusiasm for stock trading might be a reason.

He also vaguely remembered that he seemed to see someone complaining somewhere that Mr. Chen talked about his experience in stock investment at his company's press conference.

Maybe he was too enthusiastic about stock trading and neglected his main business.

This seems unrealistic, but for a smart person like Mr. Chen, such a thing is really possible.

Smart people are confident and believe that they can handle more things at the same time.

There is another gain from this investigation. At present, in the domestic Internet circle, there are more people who are very interested in stock trading than just Mr. Chen.

It turns out that Xiao Ma Ge and stock trading actually have a lot of origins.

He used to think that Xiao Ma Ge's first software product in his life should be QICQ, wrong!

The first software in Xiao Ma's life was a stock analysis software.

It was a software he wrote when he was interning at a company before graduating from college.

The software was later spotted by the company where he interned and sold for 50,000 yuan.

When Lao Ma saw the message, he was a little silent, because that was in 1993.

The year before that, Lao Ma taught at a university, with a monthly salary of 90 yuan! —— It hurts!

So looking at Mr. Chen at this time, Feng Yiping wanted to ask, what stocks did you buy, did you hear the rumors and buy Google stocks at the beginning.

If Mr. Chen had bought it at the beginning, then this meeting might have been smoother, because Feng Yiping had brought him a lot of benefits.

"I'm looking forward to the opportunity to communicate with Mr. Feng. Even if it's on the moon, I have to find a way to get there," feeling Feng Yiping's attitude, Mr. Chen was also relieved.

"It is said that if you, Mr. Feng, also auction lunch, you will definitely break Buffett's record easily, so I am honored and grateful to have such an opportunity,"

Before Mr. Chen came, he also asked around, so he knew that he had never met any of the founders of the companies invested by Feng Yiping's fund in China.

From the origin of the campus network, this should be the first time that Feng Yiping met the person in charge of the company he invested in.

"Mr. Chen, you are too polite. Let's talk about the business first, and we will discuss other issues when we have time,"

"Mr. Feng, please go ahead,"

"Mr. Chen, we know that Softbank is currently seeking to invest in your company. For some reasons, I wonder if I can ask you to reject Softbank's investment. Of course, we will fully meet the funds your company needs, and the conditions can be completely compared to the conditions negotiated between you and Softbank," Feng Yiping said straight to the point.

"We believe that Softbank can fully meet the other assistance that Forex can provide to Mr. Chen's company," Fang Yingzhi added on the side.

"I completely believe this," Mr. Chen said immediately, "I am also very happy to receive your investment, Mr. Feng."

The current Feng Yiping is not the Feng Yiping of the past.

He not only has money, but also soft power.

"But, I have two questions," Mr. Chen thought for a while.

"Mr. Chen, you say,"

"First of all, I won't be shy about it. Everyone knows that Renren.com is following the path of Facebook, which you founded, Mr. Feng. So, everyone will invest in me, except you, Mr. Feng, who is a little unwilling,"

"That's a good question," Feng Yiping smiled.

"We naturally know this, but there is one thing, Mr. Chen, you must also be very clear. Although we have done a lot of work, Facebook still faces many difficulties in entering China,"

"At the beginning, we didn't think about developing a similar product in China, so," he spread his hands.

"I understand, I understand," Mr. Chen nodded repeatedly, "That's because you don't want to compete with us,"

Before Feng Yiping spoke, Fang Yingzhi smiled and added, "In this regard, Mr. Feng is actually the most open-minded. In my opinion, what he pursues is the prosperity of domestic Internet companies, not our dominance,"

"For example, the companies we are currently investing in include many Internet companies that are engaged in the same nature of business as us,"

Feng Yiping waved his hand, "I'm not that good, I just think that the more people join, the bigger the cake will be,"

"No, no," Mr. Chen also waved his hand, "Mr. Feng, you do have an extraordinary mind. At least, if I were in your position, "I can never do such a thing in my heart,"

"Who would be afraid of having too many competitors?"

"Thank you," Feng Yiping smiled, "Another point, it is also because of the reason you are considering, if you agree, we will make this investment in the name of other institutions," Fang Yingzhi added, "but this will never affect our support for your company in other aspects," Mr. Chen thought about it and immediately said, "I fully understand your concerns," His Renren is actually a competitor of Facebook, even if it may only be a competitor of Facebook in China, and Facebook is difficult to enter the country. If such news is announced, Facebook will definitely be greatly affected when it goes public in the future.

"I have no objection to such a compromise,"

"Thank you, Mr. Chen. What's your other question?"

"Mr. Feng, you can understand that one of our future goals in operating Renren is to go public in the United States. But if we stop the talks with Softbank now, will it add extra difficulties to us?"

"After all, Softbank has cooperated with Wall Street many times and has invested in many companies in the United States,"

He saw Fang Yingzhi's face change a little, and hurriedly said, "I said this not because I dare not offend Mr. Feng, but Softbank. It's mainly because we contacted Softbank first, and frankly speaking, the progress is very smooth. In fact, we could have signed the contract next week..."

"I understand, I understand," Feng Yiping interrupted him with a smile, "Let me tell you this, Mr. Chen, in terms of influence on Wall Street, Softbank has long been inferior to me, and will be even inferior to me in the future,"

"So you can rest assured that when Renren meets the conditions for listing, the road to listing will definitely be very smooth,"

Mr. Chen was really smiling this time, "I don't have any questions. Welcome your investment, Mr. Feng,"

"Then, happy cooperation!" Feng Yiping smiled and shook his hand.