Published at 5th of November 2020 01:55:05 AM
Chapter 1074: 1074
Chapter 1074 – Investing in Xiao Ma
Paul Allen left the next day with an excuse of not feeling well . Microsoft will send someone over in the future, and Paul swore he will never set foot into China in his life .
There were rumors that Paul Allen ate three people’s portion of breakfast and attracted stares from many people . This is too disgraceful for a super tycoon . Maybe the Americans had never tried dough sticks and rice congee .
Kirilenko and the Fu brothers went to Macau, while Feng Yu flew to Beijing . Sun Lijie told Feng Yu that one of the names on the watchlist had approached him for investment . But they could not agree on the shares proportion and investment amount .
If Feng Yu had not given Sun Lijie the name list, the latter would surely try to lower the price . But now, Sun Lijie is afraid that he will push the other party to other venture investors .
Feng Yu asked who this person is, and after he heard the name, he immediately tells Sun Lijie to wait for him in Beijing . He wants to speak to this Xiao Ma in person .
This Xiao Ma is another legend, with the same surname as the founder Alibaba . But this Xiao Ma is also a lot older than Feng Yu .
Feng Yu had seen the product from Xiao Ma’s company at the internet café . It’s a type of instant messaging software, and Feng Yu had registered an account . At this time, his account number is still 6-digits .
The account number is 6-digits is because the number of people using this software still has not reached over a million . In the future, the number of users will exceed 10 million .
Upon arrival in Beijing, Feng Yu asked Sun Lijie about the other party’s demands . To be honest, Xiao Ma had wanted for high investment, but the shares he offered is too little . He also does not want Tai Hua Investment to interfere with his company’s operation .
On the same afternoon, Xiao Ma arrived at Tai Hua Investment again . He heard that the legendary tycoon, Feng Yu, is going to speak to him .
When both men met, they were impressed by the other party’s age . Xiao Ma is in his late twenties and is much younger than the pictures Feng Yu saw on the internet in his previous life .
“Manager Ma, I am Feng Yu . ”
“Nice to meet you, Manager Feng . ” Although Xiao Ma’s tone is respectful towards Feng Yu, he also showed his self-confidence .
“Manager Ma, I heard your company is doing an internet paging platform, right?”
“Not only that . We are also doing short information messages broadcast, IP phones, and online instant messaging software . ” Xiao Ma added .
“What do you think about the pager business? How many more years can it carry on?” Feng Yu asked with a smile .
“Your companies had stopped their pager production and switched to mobile phones . Do you still need to ask?”
“Oh? You seem to know a lot about my companies . ”
“Not really, but I am in this industry, and I need to monitor and understand the trend by watching the top companies closely . ” Xiao Ma replied proudly .
“Then, are you going to develop the pager business after you get the investment?”
“Of course not . We will be focusing on instant messaging software and mobile phone’s SMS . We think the online instant messaging software has high potential because the PCs are developing very fast, and there are more and more PC users . An online game, Legend of Mir, was launched this year and made more people buy PCs . As the number of PC users increases and the internet becomes more developed, the internet will become an essential part of our lives . ”
Sponsored Content
Feng Yu raised his brows . Xiao Ma’s prediction of the future is very accurate . No wonder he can be so successful in Feng Yu’s previous life . In Feng Yu’s precious life, Tencent had been expanding and had never suffered any setbacks .
Of course, the core of Tencent is still this instant messaging software .
“Then how are you going to make profits from your company’s products?” Feng Yu asked .
“We cannot make any profits current, as we are still in the expanding phase . We need to increase the users and need a lot of investments for advertising in the Internet Café, PC shopping malls, etc . We still need to compete with ICQ and other software . So, we are not charging the users now . Still, we will introduce some upgraded services for a fee in the future, and we will get back several times of our investment . ”
Feng Yu knew Xiao Ma and his team still have not thought of how to make profits out of this software . But they could tell the potential and knew they need to gain more users now .
With so many users, what’s there to worry about making profits?
“What are your upgraded services?” Feng Yu asked in detail .
“For example, advertisements, searches, etc . All these can bring profits for the company . Most importantly, we will have a significant group of users, and the value of this is priceless . ”
“Have you thought about your company’s future direction?”
“Now, we will focus on this messaging software, QQ, and try all other possibilities . As long as we have enough users, we will surely make money . So, we must develop QQ first and increase the users . ”
Sponsored Content
Feng Yu smiles . “I am interested in your company . But advertising in Internet cafés and PC shopping malls are not enough . I have a way to increase the number of users by folds . But if your software is not good enough, then all the users will disappear very soon . ”
“Manager Feng, what is this idea?”
“I am also a shareholder of Lenovo Group, and I can ask them to pre-install QQ into their PCs . This way, everyone that bought Lenovo’s PCs will be a potential new user of your software . They might be curious and registered an account, and it is up to you all on how to retain them . ”
“That’s terrific . This way, the number of users will increase rapidly, and we currently have over 460,000 users . We might exceed over 1 million users this year!”
“Do you know about Legend of Mir?” Feng Yu asked .
“Yes . Many people, including me, from my company, are playing this game . I heard you are the one who had invested and developed this game . ” Xiao Ma replied .
“There are over 9 million registered players in China now, and it is still increasing . What if I advertise about QQ on the login page of the game?”
“That’s great . These online players are the ones who use the internet more and are our targeted segment . ”
“We also have shares in Sina, NetEase, Sohu, etc . and we can advertise for your company’s product, or even provide a download link . ”
“Look, it is much easier for me to market your product for you and have a higher chance of succeeding . I can even get NetEase or my other companies to develop a similar instant messaging software with my funds and people . Even if your product was launched one year earlier than mine, I could overtake you easily . ”
Sponsored Content
Xiao Ma’s face turns pale . If Feng Yu gets his three internet companies to develop an instant messaging software, Feng Yu will be in a more advantageous position .
“However, I would still want to invest in your company . But we need to negotiate on the terms . I will inject funds into your company in exchange for voting shares . But I will not interfere with how you manage the company, and even provide lots of assistance to your company . No one else in China can do this except for me . ”
Xiao Ma was deep in thoughts . He had founded this company, and now, he has to let someone else be the major shareholder?!
Translator’s notes:
Ma Huateng
If you find any errors ( broken links, non-standard content, etc . . ), Please let us know so we can fix it as soon as possible .
Tip: You can use left, right, A and D keyboard keys to browse between chapters .