Reborn As The Billionaire National Husband, The Boss Of Populus Euphratica!

Chapter 151 Jian Hongcheng Invested Us$20 Million In Meituan! (1, Please Subscribe Automatically)

Wang Cong is naturally no stranger to this name. After all, he is an acquaintance who has worked with him twice.

Jian Hongcheng participated in Weibo’s two financing rounds.

Although there were some minor conflicts in the initial cooperation, overall it was quite pleasant.

And in this cooperation, Jian Hongcheng clearly saw the potential of Meituan and planned to make another investment.

Jian Hongcheng and Wang Cong are both businessmen and know that investing in this thing is risky.

But risks are often directly proportional to returns, and there is gain only if you give up.

Coupled with the increasing daily activity and traffic of Weibo, Jian Hongcheng's equity is becoming more and more valuable.

So Jian Hongcheng is naturally looking forward to this cooperation with Meituan.

After a while, the office door was opened, revealing a man in a brown suit.

Surprisingly, it was Jian Hongcheng, who seemed to be in better spirits.

"Jian Hongcheng, please sit down and drink tea."

Wang Cong picked up his gift of Longjing tea again and poured a cup for Jian Hongcheng.

Maybe I drank too much tea during this period, and only two-thirds of it was left, which made Wang Cong feel a little distressed.

But Jian Hongcheng is also a distinguished guest, so there is no problem in entertaining him with the best tea.

Jian Hongcheng looked at Wang Cong first, and then saw the tea in front of him.

"It's actually the best West Lake Longjing tea. Chairman Wang is so happy.

"I can't talk about elegance. I just think that tea, as a drink passed down from ancient China to this day, should be promoted."

"And compared to other drinks, tea is indeed more suitable for high-end places."

Jian Hongcheng nodded in approval, took a sip, and showed a pleasant smile.

"Chairman Wang, Weibo's daily activity rate and number of users have been growing steadily recently, and its market value is getting higher and higher.

When will Weibo raise funds for the third time? After one or two more rounds of financing, it will be listed.

Weibo is now a listed company, and I’m still looking forward to it. "

As Jian Hongcheng spoke, light appeared in his eyes.

He currently doesn't have much equity in Weibo, but as Weibo's market share increases, he has made two investments.

Naturally, you can make a lot of money. Therefore, we are looking forward to Weibo’s third round of financing and striving for more equity.

Wang Cong smiled when he heard Jian Hongcheng's words.

“Weibo has only been started for about a year, and it has already raised funds twice. I also hope that the third round of financing will come soon.

I can go public as soon as possible. The equity in my hand will exchange for more liquidity for me. If I have the opportunity, I can sell Weibo.

"Oh? Chairman Wang actually has the idea of ​​selling Weibo after it goes public?

But by then, Weibo's market value will be very high, probably worth billions of dollars. "

“I have a lot of ideas about Weibo, but it’s hard for me (ahad) to estimate Sequoia Capital’s decisions on other matters. 11

Jian Hongcheng showed interest as he spoke, but also felt helpless.

After all, he is only one of the heads of Sequoia Capital Asia, and he definitely can't get billions of dollars.

"Yes, so I said it's possible, but I'm not sure.

Weibo is my first Internet company, my first big bounty, and a springboard for me to achieve a bigger business map.

“In the future, my companies will only grow more and more, people’s energy is limited, and Weibo will not be so important.

"Hahaha, is this the trouble of a genius businessman? Chairman Wang is really a genius in the investment world."

“Now Weibo and ByteDance are both relatively influential Internet companies in China, and there is also a Meituan mini-program.

It also shocked the entire business circle, and I came here just for Meituan this time. "

“Chairman Wang, let’s not talk darkly about the prospects of group buying websites like Meituan.

Sequoia Capital and I are quite optimistic about it, so we came here with full sincerity this time.

“We decided to be the sole investor in Meituan’s Series A round, investing US$20 million!”

Wang Cong was also a little shocked when he heard Jian Hongcheng's words.

He didn't expect that Jian Hongcheng and Sequoia Capital would be the only investors in Meituan's Series A round.

Generally speaking, capital investors and film investors are pretty much the same.

Whoever pays more has a greater say.

Of course, you can also have deep pockets, spend more money, and be the only investor.

Wang Cong originally thought that Meituan’s Series A financing would have at least 3-5 investors.

In this way, it can prevent an investor from having too much equity and affecting his control of Meituan.

Wang Cong was somewhat averse to exclusive investment, but Jian Hongcheng and Sequoia Capital behind him gave him too much.

Twenty million US dollars! That’s close to more than 140 million RMB!

You must know that Meituan is not yet mature and the app has not yet been launched. The US$20 million is really too tempting.

Wang Cong took a deep breath and nodded directly in agreement.

"Okay, since Sequoia Capital is indeed sincere this time, then I have no reason to refuse.

"Then it will be a pleasure to cooperate, Chairman Wang. This is the third time we have cooperated."

“It’s a pleasure to work with you and I’ll have another chance in the future.”

Wang Cong smiled slightly, read the contract for a while, and then signed it cleanly.

After Jian Hongcheng left, Wang Cong finally couldn't help laughing.

The income of 20 million US dollars has increased his overall net worth.

He is getting closer and closer to his five billion goal.

Regarding Weibo’s third financing, Wang Cong has actually considered it during this period.

If he wants to, he can conduct Weibo's third financing tomorrow and make more money.

But Wang Cong is not in a hurry now. He is a very smart businessman and wants to maximize interest at every step.

“Phew, Weibo’s third round of financing, don’t rush it now, wait for the market to stabilize in a few months.

“On Meituan’s side, the app is probably ready to be released.

Then let the technical staff add more functions [to realize Meituan’s T-shaped strategy.

The so-called T-shaped strategy refers to group buying horizontally and vertical industries such as movies and hotels.

For example, we need to have more in-depth and open services in the movie vertical.

We need to create an independent brand that has nothing to do with group buying, such as movies or hotels.

That is to say, users can order movie tickets on Meituan without having to go to the cinema to buy tickets first.

Users can book a hotel on Meituan first and then check in, without going directly to the hotel.

And this is the so-called O2O field model, and it is also the development direction of Meituan.

The starting point for these two independent clients is a comprehensive application that can realize most of the user's local needs.

This is more convenient than splitting independent applications, unless the user has specific needs for a certain aspect.

Thinking of this, Wang Cong is becoming more and more optimistic about Meituan’s prospects.

Meituan, like Weibo, will also become a big name in his hands.

Unknowingly, almost half a month has passed, and this period of time.

The biggest news in the entertainment industry is naturally related to Mango TV's new music variety show "I Am a Singer".

After half a month of preparations for "I Am a Singer", the stage, program team, and the ten powerful singers are all ready.

The ten professional singers in this first season are all well-known in the singing circle and have some masterpieces.

For example, the music group Yuquan Brothers, the high-pitched male god Lin Zhixuan who sang "Single Love Song", Huang Qishan, Yang Zongwei, etc.

They are all capable singers. Except for Deng Ziqi, who was arranged by Wang Cong, everyone else has a certain reputation.

The director of "I Am a Singer" is Hong Tao, an experienced director of Mango Channel.

The host is one of the contestants, Yuquan Group.

At this time, there are still two hours before the first episode of the first season of "I Am a Singer" is broadcast, which is around 8:30 pm.

The popularity of "I Am a Singer" on Weibo's hot search has exceeded 100 million, with more than 500,000 people discussing it!