"Mr. Zhou, are you ready to accept financing?" Lin Youde's heart moved and asked tentatively. He is a boss who is good at everything, is keen to the market trend, and is willing to delegate power to his subordinates. This is the best choice for professional managers, but he is not very active in financing.

When the company was small, I didn’t care because I had money on the account. However, after the company developed, several venture capital companies were rejected by Zhou Yujie after contacting each other, because the reason was that unknown venture capital companies were not needed by Toutiao companies.

However, most Internet companies, the initial investment represented by Angel Round, come from small venture capital. Giants like Sequoia Capital are all investing in Internet companies that have already gained a certain reputation and a certain market and have complete business and profit plans.

For Internet companies that are too small, unless the founder is awesome, have a history of entrepreneurship, or are senior figures in some aspects, such as Wang Xing of Meituan, Rebs of Xiaomi, etc., it will be difficult for venture capital investors of Sequoia to directly contact ordinary entrepreneurs.

This also gave Lin Youde a headache, but fortunately, the rapid development of Quxin has made players in the entire market notice Toutiao Company. Starting today, Toutiao has become completely different and can finally become a pawn!

Obviously, with the expansion of Quxin's mobile social market, Zhou Yujie, the boss, also changed his previous concept.

Zhou Yujie nodded and said, "This is a must. The main competitors of AppTrea are 91 and Pea. The capital behind these two companies is very average, and they are just following the trend. They accidentally seized the trend of the mobile Internet and are not considered competitors at all.

Toutiao is focusing on the content supply on mobile terminals. Currently, there is no software of the same type in the entire market, let alone our recommended technology.

But Quxin can develop slowly in the early stages, but now we launch the shaking during the Chinese New Year, which instantly detonated this huge firework. Teng Xun was caught off guard. But I guess, in just a few days, they will deal with it soon. With our strength alone, if you want to fight Teng Xun, it is to drive a mantis arm to drive a car. Foreign capital and the resources behind them must be introduced."

The storm of the 3q war has passed, and Tengxun’s market value has exceeded before the war. The entire group’s market value is as high as US$30 billion, ranking 19th in the world and second only to Baidu.

Tengxun's annual net profit is close to 10 billion yuan, and any fraction of it can suppress the entire Toutiao company.

Lin Youde nodded and said, "If there are enough VCs behind us, they will be happy to help us fight Tencent."

Although Tengxun has strong power, there are so many venture capital companies around the world. Not every company has shares in Tencent. There are always many willing to bet on new social software again.

If you lose, you will lose a little money. If you win, you will make a fortune. Anyway, most of the investments of venture capital are gamblers.

Not to mention some of Teng Xun's competitors, such as Baidu, Alibaba, or 360, Sina, etc., they will be happy to join in the fun. After all, this may be the closest golden opportunity to Teng Xun. Of course, these giants may be more inclined to acquire.

Zhou Yujie said: "Actually, I don't like venture capital either. These people seem to give entrepreneurs funds and resources, but they will lose the crowd whenever they have the opportunity. For short-term interests, they often interfere with the normal development of the company."

In the history of Internet development, there are actually many venture capital or capital intervention companies that have caused bankruptcy. For example, Yahoo once held 10% of Google stocks, but in 2005, due to the profit pressure of the board of directors, it actually sold these stocks and then calculated the profit of the year.

If Yahoo can hold on, then maybe it will still be alive in 20 years.

There were also such cases in later generations, and ofo Company had a ridiculous setting that the founder and investors each had a veto power, and the company eventually went bankrupt after infighting.

Lin Youde said helplessly: "There is no way. In this era, if you want to develop rapidly, there must be venture capital behind it. Even if we have money ourselves, it is impossible. If you don't accept venture capital investment, then they will invest in your competitors."

Zhou Yujie said: "I have asked the lawyer to prepare information these days. I want to divide all the software of Toutiao Company, each registered as a branch company, and all AB shares are decentralized. We can introduce venture capital, but the right to speak must be in our hands."

AB shares are a strategy adopted by ordinary Internet companies in order to maintain their control over the company after multiple financings. The two shares are the same value, but the voting rights are ten times different.

For example, in later generations, Teng Xun controlled more than 20% of the shares, but Dong Ge alone had more than 70% of the voting rights. If Tencent's traffic was not too strong, 20% of the shares would have to be distributed.

In fact, most entrepreneurs know the benefits of this model, but very few can be used because investors will not allow you to operate like this, unless your company is promising and has a great future so much that a large number of venture capital investors are eager to give you money. In this case, entrepreneurs have the right to speak to determine the equity structure of AB shares.

"Okay." Lin Youde nodded and said, "In the past two days, many well-known venture capitalists have contacted me with some Internet companies. They want to talk to you, and they must want to invest in Quxin. What does Mr. Zhou plan to do?"

"Ignore them for the time being. We are not missing these days. The contact now is meaningless." Zhou Yujie shook his head and said, "The New Year is coming soon. We should wait until the data after the New Year comes out before talking to them. Otherwise, we will waste a Chinese New Year time and we will have to start again after the New Year."

Zhou Yujie is very confident about the influence of Shake. In addition, unlike the history of his previous life, he used the big data analysis obtained from Toutiao. Through fuzzy user data, the server will probabilistically determine the hobbies and then match them. This algorithm is not very successful, but it is much more accurate than random matching in previous life.

This is also Zhou Yujie's confidence in fighting Teng Xun, because Teng Xun can copy it, but big data recommendations are in the dark. No matter how powerful Teng Xun is, it is impossible to imitate things you don't know. Even those who know this existence in Toutiao Company are some middle and senior executives of the company.

And even if you know, you may not take it seriously, because in later generations, when it was no secret to Toutiao's big data recommendation, countless Internet giants still did not take this operation method seriously. They all think that as long as they operate in this way and rely on their number of users, they will definitely be able to do better than Toutiao.

"It's okay, then let him go, maybe it's a good thing for us!" Lin Youde also smiled. In the past few days, Sequoia Capital, SoftBank, Baidu, Alibaba, 360, and Sina in the venture capital industry have contacted him, and some people even came to visit him in person, which made him, who was already extremely busy, even worse.

Zhou Yujie asked, "Have Teng Xun's people come?"

"Here, but I didn't contact us." Lin Youde shook his head and said, "Maybe they need more information, or have other considerations."

No matter how urgent the company is, employees must behave in a manner. This is people’s self-protection awareness, because if it is messed up, it is their own responsibility.

"Well, then let everyone tell you, let them come over after the New Year. We will hold formal financing negotiations after the New Year, so that they can all go back for the New Year!" Zhou Yujie said with a smile.

"Okay, I'll notify them later." Lin Youde agreed.

"Dongdongdongdongdongdongdong..." A knock on the door sounded, and a technician walked in and said, "Mr. Zhou, Mr. Lin, Teng Xun's WeChat has just been updated, and the function of shaking has also been added. At the same time, QQ and Teng Xun News began to promote WeChat simultaneously."

Since WeChat was released, Zhou Yujie has arranged for special people to keep an eye on WeChat and needs to report every move.

"Oh, let's take a look." Zhou Yujie took the tablet from the technician's hand, opened the QQ, and found a push, with several conspicuous big words, saying: "WeChat, shake it and make friends, a new choice for socializing."

After QQ users click on it, they will be a download resource package. After clicking on download, they can directly download WeChat.

There is already WeChat on the tablet. After clicking in, the same push is also given. After clicking, you can directly enter the shaking screen, which is very similar to the quizing screen, but there are some differences in color and appearance.

After shaking it once, even the "click" sound was the same.
Chapter completed!