MTL - Rebirth 2002: Nano Life-v2 Chapter 5 idg's investment and 0-degree acquisition

Sheng Hai, a large Internet cafe, where Yan Wei is surfing the Internet.

Yan Yanwei is a second-year high school student. Unlike other students, he only wants to download some songs to mp3 when he comes to the Internet. On his birthday yesterday, his dad bought him a Lenovo 128mb mp3 as a gift. He was so happy that he went to the Internet cafe after school today.

Yan Yanwei likes the songs of Hong Kong and Taiwan singers, especially Jacky Cheung's. This time, he plans to put all the songs of Brother Youge in his 128mb memory.

Turning on the computer, Yan Yan was still thinking about how to find Jacky Cheung's songs, when he saw a page icon on the desktop with the words "Searching Summer Music" written on it. As soon as he saw the word "music", Yan Yan would habitually place open.

I saw that the browser popped up immediately, and then a very simple page immediately appeared in front of Yan Yanwei. The background was pure white, and there were a few lines of small black fonts in the upper right corner—“Yiyi Music Network”, “Xia’s Pinyin” and “Star”. Post Bar", in the middle is written "Souxia Music" in four large red fonts, and there is an artistic pattern of a pig cartoon image between the four fonts. Below the font is a rectangular bar, and on the right is two black fonts that say "Search".

"Is this for music?" Yan Yanwei guessed.

He tried to type the words "Jacky Zhang", and then the screen jumped, and many songs of Jacky Cheung appeared immediately. He clicked on a song, and it said "Online Audition". On the left, you can check the music. There are three options, Play, Lyrics, Download, Yan Yanwei just found a song and clicked play, and the music began to sound.

Yan Yanwei tried to type the title of the song again, and jumped out several versions of the music directly. Then he typed a section of the lyrics, and the song could still be found.

"Damn, this is too awesome, isn't it?" Yan Yanwei was pleasantly surprised. After more than ten years, even if the website did not have a navigation website like hao123 to guide it, it would probably be just islands of information, not to mention songs. .

Yan Yanwei clicked the download, and a text popped up: "You need to download the Yiyi Music client."

There are also a few words below, "Do you want to download?"

Yan Yanwei clicked yes without hesitation.

The internet speed in these years is not as good as later generations. Even if Chen Yizhe has written the software very concisely and only 11mb in size, it will take almost two or three minutes to download it.

When Yan Yanwei played a game of Half-Life, and then cut it out, he saw that the software had been downloaded.

Yan Yanwei clicked on the word download just now, and saw that the "Yiyi Beautiful" client that had just been downloaded just popped up, and then prompted that you need to register to download.

"It's really **** troublesome." Yan Yanwei muttered and followed the instructions to register. In less than 30 seconds, he registered successfully and began to download songs.

On the left side of the download song interface, there is a music chart. Yan Yanwei looked at it and exclaimed strangely, "What the **** is this? My brother doesn't have a song on the list? Who is this Wen Meicen?"

At this time, the classmate who came to the Internet cafe with him and was playing games leaned his head, glanced at Yan Yanwei's computer, and sneered, "You don't know the Internet music queen? Isn't that group of girls in the class listening to her songs recently? ?"

Yan Yanwei just remembered that a girl in the class was discussing which song of a female singer would be the best.

"Does it sound good?" Yan Yanwei asked his classmates.

"Don't you know if you just listen to it! Anyway, there are a few songs that I quite like." His classmate replied.

So Grim Wei opened the top song "Fairy Tale" with a critical mood.

And after he left the Internet cafe, the song he listened to in his earphones became "I'm going to become the fairy tale, the song you love..."

…

At noon on January 4th, Chen Yizhe received a call from Wang Li. Wang Li was the manager he asked the headhunting company to dig in foreign companies. When he answered the phone, Wang Li excitedly said, "There are two news, the first is idg. Want to invest in us, the second is that Baidu wants to acquire 'Souxia Music'."

The full name of idg is the American International Data Group ( ), which has a well-known venture capital company called idgvc Venture Capital Fund, and idgvc is the one who is in contact with Wang Li.

Speaking of idgvc, Chen Yizhe from later generations is quite familiar with it. It has invested in many excellent companies in China, many of which are familiar to everyone, such as Tencent, Baidu, Ctrip, Dangdang, Sohu, etc. These are all successful companies. Of course, there are also some less successful or failed investments, such as Soufun, Tianji, Kingdee, 3721, and 8848.

In the previous year, that is, in 2001, idg was the first in the ranking list of venture capital, and last year it was the third. In this era, the investment of idg is actually recognized by the Internet industry, which proves that Xiameng Technology Internet Company has the potential to take off at a high speed. Because no matter the future winners invested by idg, Ctrip, Dangdang, Sohu, Baidu, Tencent, or the losers 3721 and 8848, which are forgotten by future netizens, they are all leaders of the times.

On October 13, 2002, "Yiyi Music" and "Souxia Music" were officially established. On the 11th of last month, Xiameng Internet Technology Co., Ltd. was officially registered.

And now, on January 4, 2003, Wang Li informed Chen Yizhe that idgvc would invest in Xiameng Internet Technology Co., Ltd.

In the past few months, relying on the "Souxia" engine, the number of registered members of the "Yiyi Dongting" music network has almost exceeded 2 million, and no one can stop the original music. Wen Meicen's popularity has driven many people. The entry of the original singer. The music network, which was established only a few months ago, has become a tyrant in Internet music. And its Star Post Bar currently has more than 3 million fans pouring water on it every day, and the number of responses to popular topics is more than 1,000, and it is increasing day by day. It can be seen that the user viscosity of the current website is extremely high!

If Yiyi Music Network dropped a boulder in China's Internet entertainment circle and caused ripples, then the "Souxia" music engine directly dropped a bomb. Some people in the search industry commented on "Soxia": if Google's search is to guide you, tell you the house number, and bring you to the door; then the search of "Soxia" is to send you directly to the house, open it The drawer takes the CD, and the owner doesn't know it.

The behavior of "Souxia Music" may be a robber, but in today's China's Internet, it is difficult to survive without doing so. And even a robber can steal something unknowingly, which proves the power of the Soxia engine algorithm in a certain way.

As in the past, Baidu launched its mp3 search engine in November. Originally, this engine could detonate the entire Internet music circle, but it was cut off by "Souxia Music". , or in the customer experience are the perfect beat Baidu's mp3 search engine. Coupled with the explosion of mp3 players in 2002, the domestic search share of "Souxia Music" has increased steadily. Now it has ripped off almost 12% of this cake, which makes it ready to be listed in the United States. Baidu is both startled and scared.

That's why Baidu wanted to invest in the acquisition of "Soxia Music". However, Chen Yizhe feels that with Baidu's current size, it stands to reason that it should have no capital for acquisitions.

As for the Xiameng company he founded, Chen Yizhe has no idea of ​​making it bigger, because once it grows, it will face many problems. Funds like idg are not bad, they are still polite. The wealthy who are accustomed to using power for personal gain may look ugly. Of course, this kind of thing is true at home and abroad, so companies usually choose investors who can bring different values ​​to the further development of the company during the third round of financing, such as escorting the company. As the company grows, you have to get a good share of the cake.

Originally, the purpose of making the website as an engine was to make Wen Meicen popular, but now that the purpose is almost achieved, he doesn't care much, so he invites a professional manager to manage it. There is no desire to be rigid, so now I hear that someone wants to acquire and invest, Chen Yizhe is very calm.

"Who is responsible for this investment?" Chen Yizhe asked.

idg is a large company, and UU Kanshu www.uukanshu.com often has its own counterpart in charge of each investment.

"Yang Fei!"

Chen Yizhe's information flashed across Yang Fei's mind. He graduated from Yat Sen University. In September 2000, Yang Fei invested 1.5 million US dollars in Baidu's second round of financing, and IDG obtained a total of 5% of Baidu's equity. Looking back at the environment at that time, IDG invested in Baidu in September 2000. At this time, it was only 5 months before the Internet bubble burst in April 2000. The Internet economy was in the coldest winter, and everyone avoided Internet companies. However, Yang Fei made the decision to invest, which brought 100 times the investment income of IDG Fund a few years later, and the return amounted to 100 million US dollars, which became a story in the venture capital circle.

"What did Yang Fei say?" Chen Yizhe asked.

"He wants to invite you to dinner."

Chen Yizhe continued to ask, "What about Baidu? Who is in charge?"

"Baidu's Vice President Xu Yong!"

Xu Yong, born in biology, is currently one of the founders of Baidu, but he will leave Baidu before it goes public. Xu Yong has strong professional knowledge in the field of biology. In fact, he has always considered the idea of ​​starting a business in biopharmaceuticals, and Chen Yizhe is also very interested in this, and it is more attractive to him than the Internet industry!

Chen Yizhe thought about it for a while, and then said, "Then you can reply to Yang Fei and Xu Yong later, and see if you can invite them to dinner together!"

"Together?" Wang Li asked uncertainly.

"Yeah!" Chen Yizhe nodded.

"Okay, what time?"

"After January 14th, it depends on the schedule of the two of them." Chen Yizhe said, because the school has already started the holiday on January 15th.