In 2001, due to the bursting of the Internet bubble, high-tech industries were hit. The Chinese Internet, which was originally popular, scared away most investors. On the one hand, there were emerging industries that were hungry and waiting for rice to be put into the pot. On the other hand, there were funders who tightened their money bags and dared not invest in venture capital. Some companies failed to hold on and became yesterday's yellow flowers. Another company held on and has been brilliant since then.

Now Tencent is facing such a problem. Brother Ma took four engineers, took their laptops and got on Xuanlei's Lexus business car.

Compared with other Internet companies' financial difficulties, Xuanlei Company is rich and powerful. Internet cafes are almost industrial. Because it has industry standards and has the power of shareholders, it is a river of cash flowing for 24 hours. As the major shareholder of Internet cafes, the Internet company founded by Xuanqi is naturally rich and powerful.

Lexus drove into Huaqing Garden without any obstacles. Xuan Qi and Little Ma Ge, who had been waiting for a long time, held hands with each other. At this moment, Little Ma Ge is not as talented as later generations. There is a dim cloud and disaster between his eyebrows, which is exactly the ban from Xuan Lei. Tencent has not yet formed its own faction, and millions of clients are enough to make them in a mess.

As one of the authors of QQ, Xiao Ma Ge has plans for Tencent's vision. As for how sticky the client is to users, he is not sure. Looking at the Xuanlei Internet Cafe that only has a little data on the server, it is really a double-edged sword.

He held Xuan Qi's hands hard and looked at the young man who created the legend of wealth myths and legends. Brother Ma sighed. Not to mention the Xuanthunder flowing in the cash river, he just said that the motorcycle, which is now in the limelight, is also a gold mine. Brother Ma was also young and liked the feeling of lightning. Seeing the achievements of Motorcycle K in world events, he also wanted to own a motorcycle, but he had never been able to own it because of his foundation.

They are all technical elites in the industry. They first visited Thunder, which was independently operated by Mr. Zou. At the same time, Robin Li rushed over and accompanied him throughout the journey. Recently, they became famous and changed from a search engine to a search portal. However, there are many different figures. I heard that he received venture capital from a mysterious consortium, with huge amounts and abundant conditions. Then they made him successful and wrote his online legend.

After some conversation, Brother Ma keenly realized something. The consortium investing in Baidu is Xuan Qi. He adopts a model of investing in shares but not intervening in management. This means that Xuan Qi is the chairman of the company, but is a big shopkeeper who doesn't ask about anything. Robin Li is the CEO because Robin Li also has shares in the company, in other words, he is also the executive director of the company.

Xuan Qi was happy to delegate power, and at the same time let the holding companies help each other, this development model was very eye-catching. At the same time, Brother Ma was indirect and asked Robin and Li Xuanqi how much investment they invested and how many shares they wanted to own. When he heard about the specific investment amount and the number of holdings, Brother Ma's heart hopped a few times. It was so generous that it was impossible to refuse.

They are all smart people and don’t need to play too many puzzles. Xuan Qi invited him over and then revealed so many trump cards. What was the intention of playing in it long ago has been obvious. However, because they couldn’t grasp each other’s attitudes, everyone was testing them.

After visiting Thunder once, I visited Baidu again. Because Baidu is developing too fast and the offices in Zhongguancun are too small to keep up with Baidu's expansion, Baidu has also moved to Huaqing Garden. Xuanqi also allocated a building to Baidu. According to Thunder's same decoration style, the two companies are closely next to each other.

The most core technology of search engines is a large number of servers. When Brother Ma walked into the Baidu computer room, he looked at the rows of servers that looked like bookshelf. Brother Ma was shocked for a moment and was chaotic and spectacular in the wind. It was so spectacular. At the same time, a hint of pride emerged in his heart. If he had these servers, then...

Xuan Qi has been using Qi-sensing techniques to observe Brother Ma's emotional fluctuations. When he saw Brother Ma's blood, he walked over and said, "Maybe today in Baidu is tomorrow in Tencent."

Faced with Xuan Qi's temptation, Brother Ma was really moved, and his eyes flashed behind the glass frame: "As long as Tencent and Baidu are on the same starting line, they can copy Baidu's today."

These words represent Xiao Ma Ge's bottom line. If Xuan Qi can give the same money, possess the same shares, and adopt the same delegated attitude, Xiao Ma Ge doesn't mind giving Xuan Qi a large piece of cake. Of course, this is not a surrender, but a win-win situation.

According to Tencent's current development, it takes a long time to incubate. The ultimate goal is to make money by listing. However, it is necessary to issue a certain number of stocks. According to the equity ratio after listing in later generations, it does not make Xuanqi more beneficial to invest.

At this moment, Tencent is like a dry land, and urgently needs clear springs to irrigate. If a huge amount of funds can be injected at this moment, Tencent will develop rapidly. You must know that in the ever-changing Internet industry, one step ahead means one step ahead.

Xuan Qi looked at Brother Ma, and Brother Ma also looked back at Xuan Qi. After the two of them pondered for a while, Xuan Qi stretched out his hand: "Two great companies should be on the same starting line."

Brother Xiao Ma held his palms with Xuan Qi: "Then I wish us a happy cooperation." As he said that, he shook his hand vigorously.

Back at the headquarters of Xuanlei Group, Xuan Qi had a free conversation with Xiao Ma Ge in the conference room, and the center of the discussion was about Tencent's future. Every leader would set a long-term goal and then set a series of phased goals.

In the process of achieving the goal, some details will be fine-tuned, and then revised in the general direction. Xuan Qi's strategic layout is well-known in the entire industry, and Xiao Ma Ge was still confused at first. But after this talk, Xiao Ma Ge found that Xuan Qi's success was not accidental. After this conversation, Xuan Qi's keen sense of smell and clever layout were all in a different way, with a relatively unique view of the Internet, and his context was extremely clear. Xiao Ma Ge, who was originally like watching flowers in the fog, immediately understood the entire industry, and some unthinkable parts were also integrated in an instant.

"Installing QQ in your mobile phone, using the services provided by the network or operators to achieve instant communication." Xiao Ma Ge asked after thinking: "Mobile phones with black and white screens cannot run QQ, and operators do not provide traffic services."

"This is the terminal layout in the future, which may be three years later, five years later, or even ten years later. It is not possible to have a profound plan for the entire industry." Xuan Qi said, and did not forget to give an example: "The monitors ten years ago were also black and white, but now they have become colorful."

This example is easy to understand. Moore's Law clearly states that when the price remains unchanged, the number of transistors that can be accommodated on an integrated circuit will double every 18 months and double the performance. In other words, the performance of a computer that can be purchased for every dollar will be more than doubled every 18 months.

Although this trend has lasted for more than half a century, Moore's Law is still considered an observation or speculation, rather than a physical or natural law. The law is expected to last for at least 15 years or years.

Many years later, when Tencent really became the overlord of the Internet, and Brother Ma also became Tencent's golden helmsman and his well-deserved life-long CEO, he once wrote in his autobiography: It was an afternoon when the snow was first clear. After visiting two equally great companies, I had a chat with the strategic masters in the computer industry. His understanding of the Internet was beyond others, and he had at least twenty years ahead of the entire industry. It was precisely because of this conversation that I made the most correct decision...

Different angles are destined to have different thinking. When I realized that Xuan Qi's understanding of QQ was deeper than that of him, Xiao Ma Ge was frightened to find that if he left him, Xuan Qi could develop a more complete version. No one wanted to have another win-win situation, so Xiao Ma Ge happily reached an agreement with Xuan Qi.

A very simple contract is in triplicate, and the investment specialist at IDG is informed that there are two options in front of them. First: dilute these shares as the equity is increased. Second: follow up on the same funds and retain the original share ratio.

This is not a very difficult arithmetic problem. US$2.2 million accounts for 40% of Tencent's shares, so Tencent's total market value is US$5.5 million, equivalent to RMB 44 million.

With Xuan Qi injecting one billion yuan, that is, 125 million US dollars, only 50% of the company's equity, Tencent's market value reaches 250 million yuan, which is 2 billion yuan in RMB. The original investment of 2.2 million yuan still accounts for less than one percent of the company's equity.

After consulting IDG's opinions, Xuanqi gave preferential conditions and redeemed some ID's shares at a price of 3.5 times. The two-year investment returns were 3.5 times. Against the backdrop of the Internet bubble, it was already a profit without losing money, so IDG agreed.

In this way, Xuan Qi completed the acquisition of Tencent, with 51% absolute controlling stake and did not intervene in the operation of the company's senior management. As one of the conditions for the acquisition, Xiao Ma Ge will be a lifelong CPO who can choose a successor when he retires and is also an honorary director.

In this way, Xuan Qi completed the most important layout of the Internet, including two horses and one li, Xuan Qi already has one horse and one li. With abundant resources, Tencent immediately exuded strong combat power. It added 120 servers in one go, and no longer had to worry about being squeezed out of the server.

The programmers are like robots that are on the winding, developing new versions without sleep, and at the same time setting up services. It seems to be a race of time. On the third day after the Xuanlei Chain Internet Cafe made the particularly difficult announcement, the new version of Tencent appeared on the chain computer.

Users who had some opinions and complaints found that the new version of Tencent operates smoother, and at the same time it has more voice chat function and can also send photos. This time, it greatly satisfys those in need. In addition to being able to hear the sound, you can also see the picture. This time, it is more three-dimensional and full.

Only people in the circle know that Xuan Lei's decision was to use one billion to become a shareholder of Tencent. No one thinks that Xuan Lei is taking advantage of the situation, but instead thinks that it is a pie to hit Tencent's head. Xuan Lei is kind to do things. As for being kind or not, it can only be explained clearly after a few years.
Chapter completed!