Chapter 457
Youth is the industry's first impression of campus networks.
Although mainly young people are engaged in the Internet industry, campus networks are different.
In addition to being established early, these previously listed companies also have a common feature: the founders are over 30 years old.
Shanda Chen Tianqiao was born in 1973, and Ma Huateng and Ding Lei were both born in 1971.
Robin Li of Baidu, Zhang Chaoyang of Sohu, Ma Yun of Alibaba, and the founder of Ctrip are all born in the 1960s.
Qin Shaoyan, CEO of Campus Network, became the youngest CEO of a Chinese Internet company and a domestic listed company, and the only one born in the 1980s.
Just when those born in the 1970s were about to become the main force of young people in society, the Internet’s late wave couldn’t wait to enter the stage of history.
"It's true that the waves behind the Yangtze River push the waves ahead. Mr. Qin is young and promising." Ma Huateng sighed when calling to congratulate, "The Internet in the future will be your world after 1980s."
"Brother Xiao Ma is exaggerating." Qin Shaoyan responded with a smile, "It's still early for those of us born in the 1980s to want to become the main force of the Internet. You seniors of the Internet started early. When the people born in the 1980s rise, you will be early." It grew into a towering tree.”
Ma Huateng was stunned. He felt that there was something in Qin Shaoyan's words.
Towering trees and so on, doesn’t it mean that our trees have big roots and deep roots?
You are not simple either. Otherwise, why would you have become a CEO with a market value of US$9 billion at such a young age? The second brother, let alone the eldest brother.
At this time, Penguin was not one of the later Internet hegemons, and it was not even one of the three BAT giants. It could not even make it into the top five among these Internet companies.
Ma Huateng burst into laughter, "Mr. Qin, are you kidding? There are no towering trees, but our Penguins are small trees with a market value of less than 10 billion Hong Kong dollars."
"That's because the market has seriously underestimated Penguin." Qin Shaoyan said categorically, "Those people in the Hong Kong stock market are all drunkards, blind to gold and jade. In more than ten years, Penguin will definitely become the first listed company in Hong Kong stock market."
"Thank you, Mr. Qin, for your kind words." Ma Huateng also laughed.
"I'm not just talking politely." Qin Shaoyan said immediately, "I will actively buy Penguin's stocks and hold them for a long time. I will support you with real money, Brother Xiao Ma."
Ma Huateng was startled, and then said with emotion: "Xiao Qin is definitely interested. I also plan to buy some shares of Campus Network. I am very optimistic about Campus Network."
"Mr. Ma wants to buy the shares of our campus network." Qin Shaoyan pondered for a moment, "Let's wait two months before buying. Now that the campus network has just been listed, there are some small fluctuations."
"Fluctuation?" Ma Huateng was stunned, and then asked quickly, "It doesn't matter."
"Well, it's just some technical adjustments, don't worry." Qin Shaoyan said lightly, and added, "I don't know the details, but it will be fine in two months."
Ma Huateng was very sensible and did not ask any more questions. The stock price fluctuations were indeed normal and nothing to make a fuss about.
"Mr. Qin, I'll leave the game department of our company to you." Ma Huateng immediately changed the subject, "Teach them more lectures and train a few talents."
"That's easy to say." Qin Shaoyan pondered for a moment, "But Penguin's performance cannot all rely on the game business. After all, online games are only a temporary emergency. If we want to be long-term, we must develop other revenue businesses."
"Mr. Qin is right." Ma Huateng nodded in agreement. He didn't think how long he could make money from games. Although many Internet companies are now keen to get into the game track, they are still a minority. The entire Internet industry has no understanding of games. How much attention is paid to it.
After all, the real business of Internet companies is how to make money from users, and then make money in the stock market.
Making games is a bit of a distraction.
Even though Shanda, NetEase, and Campus Network have all made money from games, there are a lot of companies that are losing money.
Making games is considered a cross-industry. Instead of entering an unfamiliar field and gambling on the odds, it is better to do your own business and wait to be spotted by venture capital or be acquired. The chances of getting rich are much higher than making games.
After chatting with Ma Huateng for a few words, Qin Shaoyan hung up the phone.
Mingyue sat next to her and was wiping the newly purchased handwriting board. When she saw Qin Shaoyan put down his mobile phone, he asked curiously, "What is a technical adjustment."
"Well, it's more complicated to say." Qin Shaoyan thought for a moment, "It's just a term for cutting leeks, or it's a term for fishing. You'll understand it in a few days."
"Oh." Mingyue didn't ask any more questions. She lowered her head and continued to carefully wipe the writing pad on her hand.
This was Qin Shaoyan's gift to her, and it cost several hundred dollars.
Although Qin Shaoyan is already a CEO with a market value of nine billion US dollars, Mingyue still feels a little distressed when she sees Qin Shaoyan lavishly buying gifts.
"Everything in the United States is so expensive." Mingyue picked up her notebook and recorded various expenses one by one. After converting the exchange rate between RMB and US dollars, she almost shed tears of distress.
She had planned to buy a suit for Qin Shaoyan as a return gift, but she was shocked when she saw the price of the suit. It was more than 20,000 US dollars per suit, equivalent to 160,000 RMB.
With her current income, she would have to go without food for two years to save this amount of money.
Alas, it seems that I will have to work harder to make money in the future!
Mingyue secretly made up her mind to work hard and make small money in the future.
Qin Shaoyan couldn't help but feel a little funny when he saw Mingyue keeping accounts seriously. This was a habit Mingyue had developed since she was a child, and she had to count every penny carefully.
He especially liked the way Mingyue kept accounts, telling various tips on saving money with a charming look on his face, while looking forward to how he would spend money in the future when he became rich.
No matter how much Mingyue's imagination ran wild, she could only imagine that the two of them would win 10 million in the lottery and then have their own house where they could settle down.
Now Qin Shaoyan's financial resources are not enough to buy a house, even buying a few buildings is a small problem, but he still likes Mingyue's appearance.
Just as beautiful as I remembered in my previous life.
When Qin Shaoyan was recalling the good times, there was a knock on the hotel room door.
Secretary Xiao Chen reported seriously, "Mr. Qin, a reporter has come to interview you. Do you want to meet him?"
"Interview? What interview?" Qin Shaoyan was a little surprised when he heard his secretary Xiao Chen's report, "Where's the interview? I haven't made an appointment for any interview?"
He has met too many reporters recently. In order to promote the launch of campus network, Goldman Sachs arranged for more than a dozen media newspapers and magazines. Now he feels like vomiting when he sees reporters.
"Just tell the reporter that I'm busy and we'll talk another day." Qin Shaoyan then said, "Send the person away."
"It's not an American reporter, it's a domestic reporter." Secretary Xiao Chen said quickly.
"Is there any difference?" Qin Shaoyan asked, "Send them away the same."
"It's different. It was arranged by New China News Agency and CCTV." Secretary Xiao Chen quickly took out a business card and said, "Take a look at it first."
Qin Shaoyan took the business card and looked at it for a few times, frowned and thought for a while, "Forget it, let's call them over, but tell them that my time is limited and I can only do a brief interview."
Journalists are quite troublesome.
Qin Shaoyan originally wanted to send the person away directly, but as soon as he heard that it was a domestic reporter, he gave up the plan and planned to make some fooling around with him and pay him a travel fee and writing fee before getting rid of him.
After all, domestic journalists are not doing it for their own sake, but domestic journalists are generally small-minded and vindictive, and their quality, ability and ethics are very worrying.
I feel resentful, and I don’t know how I will be published in the newspaper.
There is no need to offend these guys at this juncture, and they are from the New Central News Agency and CCTV, so they have to be treated a little less favorably.
The person who came to interview was a female reporter named Li Jingsi. She was dressed in a white women's suit, dressed in an intellectual style, and she was also very reasonable.
After communicating with secretary Xiao Chen, she only asked for a ten-minute interview.
After Qin Shaoyan simply arranged his clothes, he was interviewed in the living room of the presidential suite.
In addition to Li Jingsi and her female assistant, there was also a photographer holding a camera. It seemed like a relatively simple interview. Li Jingsi first congratulated Qin Shaoyan for becoming the youngest CEO of a Chinese Internet company listed on the U.S. stock market.
"The current market value of Campus Network has reached 9 billion US dollars, making it the second largest Chinese Internet company after NetEase." Li Jingsi quickly entered the state and asked, "Do you think Campus Network will surpass NetEase in future development? ”
Qin Shaoyan pondered for a moment and said slowly: "NetEase is the first batch of domestic Internet companies and the first batch of Internet companies to be listed in the United States. It can be said to be the pioneer and predecessor of Internet companies."
"Campus Network has only been established for three years, and its performance in the past two years is obvious to all. I am full of confidence in the prospects of Campus Network. It will definitely become one of the top companies in the Internet."
Li Jingsi was a little surprised. She didn't expect that the man in front of her was young and spoke very smoothly.
However, she was not here to stir up trouble today, so she continued to ask questions according to the prepared interview outline, "After the campus network was listed, the stock price has been rising. The market value reached 9 billion US dollars on the first day. How long do you expect it to take to break through?" What about tens of billions of dollars?”
"The stock market is a barometer of the market and a feedback on the operating conditions of the company." Qin Shaoyan said unhurriedly, "The share price of Campus Network reflects the general assessment of the investment market. Now that the stock price of Campus Network is rising, it shows that the market is very I am optimistic about the development prospects of the campus and believe that the campus network will get better and better in the future.”
"As for when the market value will exceed 10 billion US dollars, this is left to the market to judge."
Li Jingsi maintained a professional smile on her face, but she began to curl her lips inwardly. It was as if the other party had not said this.
"Mr. Qin, Campus Network has achieved great success since its launch. Does Campus Network have any bigger development plans in the future?"
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Qin Shaoyan perked up, "Our campus network will continue to adhere to the principle of user first, and provide more and better product experience for the majority of campus network users."
"We will launch more new features early next year, implement new social concepts, continue to iterate and optimize the existing industrial layout, and create a new social 2.0 ecosystem."
Qin Shaoyan smiled very happily in front of the camera, with his teeth exposed.
Li Jingsi was a little depressed. After she returned, she had to find a way to extract useful information from Qin Shaoyan's speech. It seemed quite difficult at the moment.
I guess I can only add some other information and find someone to write some comments before I can read it.
After Qin Shaoyan gave each reporter and photographer a big red envelope, they left with satisfaction.
Mingyue was a little curious, "Why are you so perfunctory when talking to reporters? Why don't you take advantage of a good publicity opportunity? Weren't you very good at speaking before?"
"Yeah." Qin Shaoyan nodded, "If it were normal, I would definitely brag, but it's not appropriate to say more at this time."
"Why?" Mingyue was very surprised, "Isn't the campus network listed on the market?"
"It's a technical adjustment now." Qin Shaoyan replied pretending to be mysterious.
Mingyue soon learned what a technical adjustment was. On the fifth day after Campus Network was listed, the stock price that had been rising started to fall.
It dropped slightly from US$27.2 to US$26.1. Although the stock price rose and fell, and fluctuations were normal, many keen stockbrokers smelled something strange.
It seems like someone is shorting the campus network.
After the signs of decline appeared, a stock commentator soon came out and criticized, "The share price of Campus Network is artificially high, and its performance simply does not match the market value of US$9 billion."
"Campus Network is known as China's Facebook, but its main user groups are school students. User growth has reached a bottleneck and it will be difficult to achieve further growth in the future."
"Campus Network's advertising business has the lowest revenue, which shows that China's domestic Internet is not optimistic about the commercial value of Campus Network. Campus Network's earliest e-commerce business is sluggish, the growth rate is too low, and it is better than nothing."
"The campus network's revenue is basically only supported by the game business. Its game business has frequent scandals, and its sustainable revenue capability is worrying..."
Criticisms and gossip spread, and many institutions swooped in like sharks smelling blood.
Soon, very soon, as soon as the market opened the next day, Campus Network's stock price began to fluctuate on a large scale.
Although it initially rose to $26.5 briefly, within just an hour, the stock price began to slide all the way down to $23.
In the next three days, Campus Network achieved three consecutive declines at US$22.8, US$21.7, and US$20.3, with a slight increase. However, the last US$20 was quickly broken, and even fell below the issue price.
After watching the stock price drop for several days, the frightened Mingyue couldn't sit still and carefully comforted Qin Shaoyan for fear that he would be depressed.
But Qin Shaoyan didn't panic at all, "It doesn't matter, it's just a technical adjustment."
Saying this, Qin Shaoyan also murmured in his heart, they wouldn't get away with it.
Then Qin Shaoyan went to visit Xiong Xiaoge, Zheng Nan, and Taylor from Sequoia and others, and found that all of these people's faces were glowing and they were happy from ear to ear.
Qin Shaoyan was finally relieved.
Well, it is indeed a technical adjustment.
Taylor even started asking about the price of the yacht.
Xiong Xiaoge laughed when he saw Qin Shaoyan coming over, "Mr. Qin came earlier than by chance. We bought a new bottle of champagne today, come and taste it."
Looking at the champagne handed over, Qin Shaoyan was surprised, "Is this the time to open the champagne?"
"Of course." Xiong Xiaoge and Qin Shaoyan clinked their glasses, "You should meet with George from V agency tomorrow. Your counter-terrorism CS cooperation should be announced to the public."
"Oh." Qin Shaoyan smiled and raised his glass, "I also think it's time to announce it."
Bruce from Goldman Sachs was even more excited. He raised his glass and said loudly: "Friends, cheers to the campus network!"
"Cheers to stocks and money!"
"Cheers to money!"
"Cheers!"
Everyone laughed and downed the champagne.
After Campus Network's stock price fell for a week, the newspaper suddenly announced a piece of news about the gaming industry.
Valve and Campus Network have signed a cooperation agreement. The two parties will jointly develop and operate "Counter-Strike OL" and make this world-famous phenomenon-level game into an online game.
After the news came to light, the stock price of Campus Network, which was originally on a high level, suddenly rose from the ground.
It started to rise crazily from $17 per share, all the way to $24.
Then, Facebook announced that it would reach a strategic cooperation agreement with Campus Network to develop new products to actively promote Social Network 2.0.
Campus Network's stock continues to rise, and investors who bought at high prices and sold at low prices have no worries at this time.
Some people are sad while others are happy, including George from V agency.
"John, the stock market is such a good place." George said with emotion, "My mood these days is as exciting as when the game was first released."
"You didn't buy shares of Campus Network, did you?" Qin Shaoyan was a little surprised, "It doesn't matter, will you be investigated?"
"No, I didn't buy the stock," George replied. "I know a guy named George Seth who did."
"Who is George Seth?" Qin Shaoyan asked curiously.
"My grandpa." George smiled.
Qin Shaoyan feels that the stock market is such a magical place, and George, a game nerd, has learned it badly.
(End of chapter)