Chapter 102 Misunderstanding?
Qin Shaoyan knew when he was building the campus network that there would definitely be imitators.
This thing is not technically difficult, and there is no moat.
Qin Shaoyan has also been mentally prepared for a long time. His campus network has a first-mover advantage and has sufficient funds to survive the early stage.
Other imitators will either burn venture capital money or their own money.
It is normal for followers to rush in and want a piece of the pie.
Taylor's talk about imitators on the phone made Qin Shaoyan more vigilant. What did the other party mean by mentioning this?
Do you want to lower the price?
Or is he trying to imply something?
Qin Shaoyan was pacing back and forth in the rental house wearing slippers, thinking about hundreds of millions of dollars in financing.
Early in the morning, Qin Shaoyan took a nap, got up from the bed and started looking for the address book on his mobile phone.
"Hey, is this Lawyer Zhang Yuan? To me, Qin Shaoyan, please come over today. I have something very important to consult."
After agreeing on the meeting time, Qin Shaoyan fell asleep After returning to sleep, he appeared in the company in high spirits.
Zhang Yuan also rushed over with his assistant, sat in the small conference room and started communicating.
“Lawyer Zhang, I have a question.” Qin Shaoyan pondered for two seconds, “I have two companies, how can I lend the financing of one to the other without merging the two companies? , provided it is not illegal.”
"Ah?!" Zhang Yuan was a little confused.
Mr. Qin, your request is too much.
Qin Shaoyan briefly talked about the campus network and Facebook, and then talked about his beautiful vision.
"Mr. Qin." Zhang Yuan pondered for a while and said, "The money raised from venture capital financing will have a designated purpose and cannot be used casually."
"In other words, I You can't spend American investors' money, right?" Qin Shaoyan felt a little regretful.
"Mr. Qin, if you really want to use this financing to promote the campus network, you might as well merge." Zhang Yuan suggested, "Anyway, you are the shareholder and controller of these two companies."
"No." Qin Shaoyan sternly refused, "The campus network is the campus network, and Facebook is Facebook. Don't confuse the two."
Zhang Yuan couldn't figure out what Mr. Qin meant for a while, so he asked He said: "Which company did Mr. Qin look for for financing?"
"Sequoia Capital." Qin Shaoyan gestured, "A well-known Internet investment institution in Silicon Valley."
"Oh, "Sequoia." Zhang Yuan laughed, "I know a few people from Sequoia, and we met for dinner together yesterday."
"Huh?" Qin Shaoyan was a little surprised, "Where are the people from Sequoia in Yanjing?"
"Ah, yes." Zhang Yuan was stunned for a moment and quickly explained, "They came back from the United States. Open a Sequoia branch in China."
Qin Shaoyan clapped his hands, "This is a good thing! We must support it!"
"Yes," Zhang Yuan agreed. Nodding, "My friends also feel that the domestic Internet is developing rapidly, but there are very few venture capital institutions focusing on the Internet."
Qin Shaoyan stretched out his palm, "Lawyer Zhang, call a few of your friends Give it to me.”
Zhang Yuan was stunned for a moment, not knowing what Mr. Qin was going to do, so he could only take out his phone and open the address book to look for his friend's phone number.
"This is Zheng Nan, the director and general manager, right?" Qin Shaoyan asked, pointing to the name of one of them.
“Yes.” Zhang Yuan nodded.
"Okay, wait for me first." Qin Shaoyan took his cell phone and went out.
As soon as Qin Shaoyan went out, he dialed Zheng Nan directly.
"Okay." Zheng Nan asked with some confusion.
He recently applied for a new card. He only told his friends and family, so why were there still calls from unknown numbers?
Could it be a harassing call?
Qin Shaoyan asked in a firm tone: "Are you from Sequoia?" "Yes, I am." Zheng Nan felt a little strange, "Excuse me..."
Qin Shaoyan didn't give Zheng Nan a chance to ask questions at all, and directly interrupted the other party, "Do you Sequoia still have business integrity! Do you still have business ethics? Why do you want to push back and not give a positive answer? I'm here to press. I can’t sell tens of millions of dollars, just to wait for you to come, and the daily cost is free?”
“Is this how you invest at Sequoia? Why don’t you invest at all? I’m not one of them. Without other connections, it’s not a big deal if Sequoia doesn’t invest. Microsoft and Yahoo are waiting in line!”
Zheng Nan was confused by this series of words, what is this?
Before he could ask again, the person on the other end hung up the phone.
Zheng Nan was in a daze listening to the busy signal on her phone. She thought about it for a long time and couldn't remember what projects she had.
To be on the safe side, he also called and asked around other partners.
Everyone said that the company has not even opened yet, and it has a crappy project.
This phone call made Zheng Nan suspicious, and he thought about whether to call back and ask what was going on.
Before he could make any move, the other party called again.
"Hello, hello, is this Mr. Zheng?" He was still the same person, but his tone was much softer.
"I am." Zheng Nan asked, "Who are you?"
"My surname is Qin, and my name is Qin Shaoyan." Qin Shaoyan apologized repeatedly, "I'm really sorry. I just made a big mistake. This is all a misunderstanding, Mr. Zheng, please don’t take it personally.”
“Misunderstanding?” Zheng Nan frowned, “What misunderstanding? Aren’t you looking for Sequoia? ?”
“I found out after communicating with the American side that I thought you were sent to inspect by Sequoia. I’m sorry,” Qin Shaoyan explained, “I had a relationship with the American Sequoia before. It was agreed that they would send a team to inspect and verify the situation of the website, as well as the business model.”
The website?
Business model?
Zheng Nan immediately cheered up, "Mr. Qin, your website is in China, right?"
"Yes, it's in Yanjing." Qin Shaoyan said with some embarrassment, "Just now I was too impatient and complained before I understood it. I apologized to you."
"It's okay," Zheng Nan responded with a smile.
Qin Shaoyan exchanged greetings with him and then hung up the phone.
Zheng Nan immediately stood up, called the partners together, and explained what had just happened.
“Didn’t we agree that everyone should do their own thing? What’s the point of them coming to China again?”
“Yes, we are not talking about business integrity and business ethics.”
"Who among you is Qin Shaoyan?"
The partners looked at each other, then looked at Zheng Nan together.
Zheng Nan thought for a while, "Call Sequoia and ask if they are coming to China."
"I'll ask." A partner got up and called.
After a few minutes, the partner on the phone came back and nodded, "Yes, they sent a team to China in early March, saying they wanted to examine new business models."
"Then did they say which company they were inspecting?"
"They didn't disclose it. I feel like they are hiding something from us."
Zheng Nan waved his hand, "Let's just go meet this Qin Shaoyan tomorrow."
(End of Chapter)