Hearing what Hong Tong said, Wang Chunming was not angry and said with a smile: "Brother Hong, please give me some advice."

Hearing what Wang Chunming said, Hong Tong didn't hesitate and said: "We are destined to meet each other. I will ask Da to say a few words. Baidu has taken over search, Tencent has taken over instant messaging, and Alibaba has taken over e-commerce. In fact, you are also very smart.

You have taken the road of network security, but there are many obstacles ahead of you. One is to explore a profit model, the second is to build a brand, the third is to maintain sustained growth, and the fourth is to not be controlled and maintain independence."

.

Wang Chunming deliberately guided the topic and said: "Who will be the domestic Internet giant in the next few years?"

Hong Tong said: "I just mentioned Baidu, Tencent and Taobao."

"What about the three major portals?" Wang Chunming said with a smile.

Hong Tong waved his hand and said: "The time has passed and I am old. I can't do anything to them."

Wang Chunming brought the decanter, poured a glass for the two ladies, and poured a glass for Hong Tong. He smiled and said, "Tell me more about it."

Hong Tong glanced at it: "Actually, you know it in your heart, why bother asking me again."

Wang Chunming smiled: "It's just to confirm each other."

Hong Tong took a sip and said: "That's fine, but I'm not in the Internet business. I just analyze it from my perspective and from the perspective of your company. If you want to become an Internet giant, there are several basic conditions. First,

First, it must have a brand effect. To put it simply, it means becoming a household name.”

"The second is to have a huge user base. This is the most basic, and the unit is hundreds of millions."

"Also, thirdly, it must have sufficient activity and product stickiness. Also, it cannot be the heat of a gust of wind, it needs to be long-lasting."

"The last one is that the equity cannot be too dispersed, and there needs to be a core figure who sticks to his word."

"Are there any negative examples of dispersed ownership?" Xiao Wan asked nervously. She couldn't understand what was said before, but she could understand this one. Besides, isn't it said in many TV dramas like this?

Hong Tong nodded and said: "Yes, as for the name of the company, I won't say it. They have scattered factions because of their dispersed equity, just like the top of a mountain. Not to mention the people inside the company, it's the people outside.

Everyone knows it."

"Factions and mountaintops are the source of internal friction and the root of xxx. A simple example is that when a company launches a new product project, there will be a lot of wrangling. The first thing many of them think about is whether they can profit from it.

If you can't get it yourself, then you don't want others to get it. In this way, the project approval will probably take a long time. Maybe the project is finally approved here, and rival companies will come out with models of new products."

"And there are many factions, which will inevitably lead to frequent structural adjustments. To put it simply, I was working in a department, but before the project was completed, a boss suddenly changed. So, should I continue the project of my predecessor, or abandon it?

No matter, if we continue, will the new boss be unhappy? If we continue, what if the new boss abandons us and starts over?”

Xiao Wan said excitedly: "I know this. It's just like the last years of the Ming Dynasty. At that time, there were many factions in the court. Sometimes when a policy came out, there would be a long period of wrangling. People would fight at the doorstep without any discussion.

Come out with countermeasures”.

Fei Jing smiled and said: "Xiaowan, you still have research on history."

Xiao Wan nodded, shook her head and said, "When I was in school, I really liked history. Besides, many TV dramas also acted like this."

Hong Tong waited for Xiao Wan to finish speaking, and summed up: "That's it, one small bucket every three months, one big bucket every five months, which makes the company chaotic. Therefore, once this happens to the company, it can be attributed to the four."

Words: melee, stand, mix”.

After Hong Tong finished speaking, he turned to the two girls and said, "Do you know why these four words are used?"

Xiao Wan and Fei Jing thought for a while, shook their heads, and said they didn't know, even though Hong Tong had just talked about a lot.

In fact, while Wang Chunming was chatting, he wanted to touch Hong Tong's bottom, and conversely, Hong Tong thought the same way.

As the saying goes, it is better to hear once than to see once. Hong Tong knew a thing or two about Wang Chunming. He only heard about it after Baidu went public.

However, those were just hearsay, and Wang Chunming's company was too small to be of much value for investigation. Hong Tong also wanted to try it himself to see what Wang Chunming was worth.

Wang Chunming said calmly: "The top management fights, the middle level takes sides, and the bottom level hangs around."

After hearing this, Hong Tong thought for a while, raised his glass, and invited Wang Chunming to have a drink. It was obvious that he was very satisfied with Wang Chunming's answer.

However, Hong Tong was a little skeptical that Wang Chunming, at such a young age, could actually see through this. You must know that many people who are better than Wang Chunming cannot see so clearly.

But when you think about it, it makes sense that Wang Chunming also has an industry under his control.

Finally, Wang Chunming asked: "What did Brother Hong do before?" In his opinion, Hong Tong was definitely not an ordinary person.

Hong Tong said with a smile: "My career credo is that vision is half the battle. Guess what."

How could Wang Chunming not guess this: "investment".

Hong Tong smiled and nodded and said: "I was at Goldman Sachs in my early years, and later I went to SoftBank."

Xiao Wan praised: "Brother Hong is so awesome." She didn't know about SoftBank, but she had heard of Goldman Sachs, which is the oldest and most powerful investment bank in history.

Generally speaking, there are three people who can get into Goldman Sachs. One is a person with wide connections and a deep background. The second is a person who works very hard and is very lucky. The third is a person who is from a prestigious school and is extremely talented.

It is obvious that this person who is currently idle at home is an extremely outstanding talent no matter who he belongs to.

Xiao Wan didn't know about SoftBank, but Wang Chunming knew it very well. It is also a large investment bank and the largest shareholder of Alibaba.

After Alibaba was listed in the United States in 2014, it is true that Lao Ma was the biggest winner, but in fact, SoftBank was the one. After all, they were the major shareholder and made more money.

At this time, Wang Chunming also knew why Hong Tong was so optimistic about Taobao.

In 1999, Goldman Sachs took the lead and joined several investors to invest US$5 million in Alibaba.

In 2000, SoftBank took the lead and united six investment companies to invest US$25 million in Alibaba.

In the second half of 2003, SoftBank once again took the lead and teamed up with several companies to once again invest $82 million in Alibaba.

Hong Tong has worked at Goldman Sachs and SoftBank, and he is Chinese. He must have participated in the investment projects here. He must have a deep understanding of Taobao to have a clear understanding of it.

Therefore, even if I am a little hesitant, I am still very optimistic about its growth potential.

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