The first 150 hits five

Wei Dongsheng pondered: "After ten years..."

After considering more than ten seconds, Wei Dongsheng gave the answer: "After ten years, the market value of Chunqiu will definitely be higher than the sum of Netease, Sina, Sohu, Tencent, and Alibaba."

Wei Dongsheng said this very rudely.

Ignoring Yahoo founder Yang Zhiyuan and former US President Clinton, six companies including Netease, Sina, Sohu, Tencent, Alibaba, and Chunqiu are the protagonists. Netease, Sina, Sohu, etc. are collectively known as the three major portals, Tencent has gathered hundreds of millions of registered users, and Alibaba has received a $1 billion capital injection from Yahoo, all of which are prominent in the contemporary era. When the time came to the fall of 2005, public opinion talked about the China Internet and said that the eight oligarchs formed the first group. Except for the grand TOM, which also started as an online game and whose development momentum is declining, the other six oligarchs have all participated in the West Lake Forum. . The quality of the Fifth West Lake Lunjian is very high, which perfectly reproduces the spirit of the magical Lunjian Huashan in Jin Yong's martial arts novels.

Privately, each company has its own nickname.

Netease's nickname is Dongxie. Just like Zhang Chaoyang's evaluation of Ding Lei, NetEase is very good at moving. In the past few years of mobile and telecommunications value-added, in recent years, the online game business represented by "Western Journey 2" and "Fantasy Westward Journey", NetEase has always been able to quickly adapt to the market, in sharp contrast with the slowness of Sohu and Sina.

Sina's nickname is Xidu. In early 2005, Shanda acquired 19.5% of Sina through a public stock market transaction in an attempt to turn Sina into a subsidiary of Shanda Holdings. Wang Yan immediately said that he did not welcome Shanda to control Sina through the purchase of stocks, and quickly threw out a "poison pill plan" to counter Shanda's acquisition. Sina's nickname of "Xidu" originated from the "Poison Pill Project" counterattack Shanda.

Tencent's nickname is Nandi. Shenpeng, whose headquarters are in the southeast corner of Tencent, is also listed in Xiangjiang. It has a completely different temperament from Netease, Sina, and Sohu. It is like the Nandi Dali Duan in Jin Yong's martial arts novels.

Sohu's nickname is Beigai. This nickname is slightly joking and derogatory, mocking that the market value of Sohu is far lower than that of Netease and Sina. The poor are like beggars.

Alibaba's nickname is Zhongshentong. Alibaba's B2B business and Taobao's C2C business have gathered a large number of small and medium-sized customers, which are as complicated as the roots of a big tree. Yahoo has invested heavily in Alibaba with Yahoo China and US$1 billion, which also gives Alibaba a pride that no other company has.

Wei Dongsheng temporarily decided to participate in Xihu Lunjian. Due to the relatively short period of time, the media failed to think of a suitable nickname for Chunqiu, which was quite embarrassing.

Dongxie, Xidu, Nandi, Beibei, and Zhongshentong, five companies each have their own strengths.

Unexpectedly, while talking, Wei Dongsheng suddenly jumped out: "After ten years, the market value of Chunqiu will definitely be higher than the sum of Netease, Sina, Sohu, Tencent, and Alibaba."

Such a sure tone immediately caused the scene to fall into a brief embarrassment.

It's like, Dongxie, Xidu, Nandi, Beibei, Zhongshentong, etc. robbed the secret book of "Nine Yin Zhenjing" on Jian Huashan. When the fight became fierce, new players suddenly came in and shouted: "You have the face to fight for the best in the world? Come, come, I will beat you five alone."

Netease, Sina, Sohu, Tencent, Alibaba, etc. are discussing swords, but Chunqiu is here to hit the market.

What the hell!

I'll hit the five of you alone.

Wei Dongsheng's words are very unkind.

However, Wei Dongsheng's remarks are not simple talks. Relying on the intimacy of the European and American capital markets for "World of Warcraft" and the new growth points of "Leave to Survive", Chunqiu Network has a market value far exceeding that of its counterparts. Although due to various factors, the market value of Chunqiu Network recently fell to 7.1 billion US dollars. However, even with only US$7.1 billion left, Chunqiu.com can still beat Alibaba, which is valued at 2.5 billion US dollars, Netease Sina Tencent, which has a market value of more than 1 billion US dollars, and Sohu, which has a market value of 6.7 billion US dollars. Chunqiu Network has realized the fact that one person beats five companies. Wei Dongsheng imagines that he will continue to beat five companies ten years later. It is not a wishful thinking.

This is the truth.

However, Wei Dongsheng's smashing the scene like this will inevitably arouse everyone's disgust.

At the beginning of the year, Wang Yan used a poison pill plan to repel Shanda’s acquisition. He emotionally hated the upstarts such as Chunqiu and Shanda who started from online games. The low intensity choked Wei Dongsheng’s sentence: "If Alibaba is priced at 2.5 billion US dollars, five The company’s market value exceeds $7.1 billion."

Wei Dongsheng replied to Wang Yan, "Chunqiu and Chunqiu Search. Chunqiu Search launched an IPO some time ago, and many investment banks have valued Chunqiu Search at more than US$1.5 billion. I will not mention Chunqiu Software. With only the two cards of Chunqiu Search and Chunqiu Network, Chunqiu can surpass the sum of five companies including Sina, Netease, Sohu, Tencent, and Alibaba in terms of market value."

Wang Yan was choked by Wei Dongsheng.

Wang Jiichi recalled that although Chunqiu started from online games and Chunqiu relied on Chunqiu to become famous, it was not an orthodox game operator like Shanda. In addition to the Chunqiu Internet, there are Chunqiu Search, which burns money to defeat Baidu, Chunqiu Literature, which dominates all kinds of online novel sites, and third-party payment credit treasures, and rely on "The Spring and Autumn of the Ten Kingdoms", "The Dancing Lord" and "Survival" "Road" received money and received soft Spring and Autumn Software. Especially for Chunqiu Software, the 30% sales share of "Ten Kingdoms Spring and Autumn" and "Road to Survival", and the 35% sales share of "The Dancing Lord", its quarterly net profit far exceeds Chunqiu.

Chunqiu Search and Chunqiu Network have been able to kill five companies, not to mention industries such as Chunqiu Software, Xinbao, and Chunqiu Literature.

Wang Yan wanted to refute, but didn't know how to refute it.

Zhang Weiying calmed down the atmosphere in time and asked Wei Dongsheng: "Is Spring Search ready to go public?"

Wei Dongsheng shook his head: "Chunqiu's search for IPO failed."

The Chunqiu Search IPO plan was originally a strategy to kill Baidu. Now that Baidu has failed in IPO financing, the smoke bombs on Chunqiu Search can also be dispelled. Zhang Weiying didn't know the details, and said with regret: "Ah, why did it fail?"

Wei Dongsheng: "We did not agree on the valuation of Spring and Autumn Search."

Zhang Weiying understood instantly: "Are you not satisfied with the $1.5 billion valuation?"

Wei Dongsheng explained: "The Spring and Autumn Period searches are worth at least US$4 billion."

Zhang Weiying: "US$1.5 billion is not low anymore. As far as I know, the market value of Sina is only US$1.4 billion."

Wei Dongsheng thanked him: "Chunqiu Search is not like Baidu that is short of money and going bankrupt. Chunqiu Search has money, and Chunqiu also has money, why bother to go public? If the capital market does not recognize that Chunqiu Search is worth $4 billion, Chunqiu Search will continue. Work in the search field and work until everyone thinks it is worth 4 billion U.S. dollars before going public. As I said just now, financing is also an investment. If investors in Spring Search are as confident as I am in it, the future will be compatible ."

Wei Dongsheng's attitude is like saying that you like to vote or not.

Anyway, less than 4 billion US dollars, I am definitely not going to the Nasdaq listing.

There is a continuous supply of cash flow from the online game sector, and the Spring and Autumn series companies are not short of money at all.

If it doesn't work in 2005, I will go to the market in 2008.

Sina has a market value of US$1.4 billion, and Wei Dongsheng dismisses the US$1.5 billion valuation.

This is a gap in vision and a gap in mentality.

At this level, the topic cannot be continued.

Zhang Weiying smiled meaninglessly and ended the controversy caused by Wei Dongsheng: "The gossip rumors say that Wei Dongsheng has two major characteristics. The first characteristic is self-confidence, a strong self-confidence like a fan. For example, the operation of other online games has just smelled from the quagmire of piracy. The sweetness of online time payment, "Ten Kingdoms Spring and Autumn" suddenly started a freemium game. Another example is Chunqiu Search. When the search field is already crowded with powerful opponents, the bayonet is resolutely seen to fight with it, and it will become billions. Burning money to seize all online and offline channels, and impressively beat the top three such as Baidu, Yahoo, and Google. Whether freemium games compete with Shanda, or bayonet with Baidu, Yahoo, Google, etc., regardless of Spring and Autumn employees or Spring and Autumn’s partners are said to have never seen Wei Dongsheng’s anxiety."

"The second feature is toughness. Chunqiu is very good at attacking hills and fighting tough battles, and internal rumors in Chunqiu say that whenever encountering difficulties, Wei Dongsheng will sink to the grassroots level and personally lead his team to tackle key problems. For example, the network "Dancing the Forest" For the game, Chunqiu originally wanted to act as an agent for the "o2jam" developed by O2Media in South Korea. However, the lion of South Korea O2Media asked for a high contracting agency fee of 600 million yuan. Chunqiu Software was outraged and decided to develop its own "Dancing Cute Lord". Everyone knows the later results. "o2jam" was not warm in South Korea, and it was renamed by domestic game operators to "Kingle Club" as a low-cost agent, and its operating data was also slammed by "Dancing Lovers". It is said that " Wei Dongsheng personally led the team to do the core main program of "Dancing Cute Lord". Wei Dongsheng, is this rumor correct?"

Wei Dongsheng smiled at Zhang Weiying's compliments with a kind smile: "I really have a credit for the core main program of "Dancing Lord".

Zhang Weiying joked: "I never thought that this rumor was actually true. Games like "Ten Kingdoms" and "Legend of Survival", I can understand, boys like to fight and kill. But "Dance" "Lord Lin" is an extremely feminine game, I never thought you were so good at it."

Wei Dongsheng explained with a smile: "My contribution is mainly the overall structure and core mechanism of "Dancing Lord". Players' direct experience of the game comes from the efforts of the "Dancing Lord" operating team. What kind of music do female players like? I really don’t know what kind of costumes, rhythms, and dance designs I like. The reason why "Moe Dancing Lord" is so popular is that 90% of the credit is made to the operation team of "Moe Dancing Lord"."

Zhang Weiying did not struggle with Wei Dongsheng’s answer, and continued to sum up to the audience: “Today is the first time I saw Wei Dongsheng’s real person. Just ten minutes ago, I still felt that the rumors were false. Look at Wei Dongsheng’s performance in the first half of the journey. Like Ma Huateng, he is as reticent as Ma Huateng. Most of the time, Wei Dongsheng quietly listens to others saying that he will answer only when he is called and asked. He is more like a technical talent than a leader of an enterprise."

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