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Zhengyi Technology, as one of the few giants in the domestic Internet sector, maintains good relationships with various telecommunications agencies and relevant regulatory departments.
However, what Xu Xin is worried about is not this aspect, but rather what to do if the projects she wants to invest in conflict with the content managed by Jiang Yizhou.
Especially as Zhengyi Technology continues to expand its scope of operations, including Instant Messaging, Mailbox, Portal, and the upcoming game platform, professional computer information websites, and potential future development directions. If all these areas require avoidance, it would significantly limit her investment options.
Looking at the hastily gathered information, this competing company with Zhengyi Technology indeed sparked her interest in investing.
Wangyi, established in February of this year by Ding Sanshi, has launched Wangyi BBS and a free electronic Mailbox system, showcasing its strength.
It is not fair to compare Zhengyi Technology with other companies; Zhengyi has ample funding, a wealth of talent, and a clear execution plan set by Jiang Yizhou, making it one of the best companies for starting a business at present.
On the other hand, for a makeshift team like Wangyi to develop to this extent is quite rare and valuable.
Unable to wait to email Jiang Yizhou for his opinion, Xu Xin decided to call him directly.
At that moment, located at the headquarters of Google, Jiang Yizhou, who had been working alongside Larry Page and Sergey Brin, took out his phone from his jacket pocket hanging on the chair and answered, “Xu Xin, what’s the urgent matter?”
“Boss, I feel that Zhengyi Investment lacks positioning!” Xu Xin did not want to be constrained in the future; because Zhengyi Technology launched a certain project, she would be unable to invest in that type of startup. This was something she could not tolerate. Therefore, upon realizing this issue and making up her mind, she immediately called Jiang Yizhou.
“You have a positioning problem? Tell me more details!” Jiang Yizhou was not very aware of the domestic situation. Before the burst of the Internet Bubble, various Internet companies in China were essentially just playing around due to the small number of internet users and poor network infrastructure.
It wasn't until after the bubble burst that many companies failed, followed by network upgrades and the arrival of broadband era leading to an explosion in internet users that marked the beginning of prosperity in China's Internet industry. Oh, and also the Mobile Dream Network finally made the Internet profitable; this was crucial as well.
During the collapse of the Internet Bubble, those well-known companies in later generations could easily be acquired, such as Wangyi, which saw its stock price plummet from over ten dollars to just one dollar, leaving a market value of only twenty million dollars.
It was this mindset that led Jiang Yizhou to always set clear directional goals for Zhengyi Technology. Ma Ge and the others were free to express their creativity while he supervised from a distance, ready to correct course and observe how far Panda Venture Capital could develop in this lifetime.
Zhang Chaoyang's cautious attitude made him less inclined to actively seek out opportunities. He established his own territory, stating that as long as he wasn't afraid of competition, he would dare to invest in anyone. His doors were wide open, welcoming domestic entrepreneurs to know that there was another option available.
"I heard you previously had intentions to invest in Aitexin, but because Zheng Yi started Qihang Network, you ultimately decided not to proceed with the investment," Xu Xin had gathered quite comprehensive information about Jiang Yizhou, though not deeply enough. "Can I understand this as not being able to invest in potential competitors?"
Jiang Yizhou suddenly felt like laughing; however, upon reflection, Xu Xin's line of thinking seemed quite normal. His confidence as a Reborn Person gave him substantial assurance, enabling him to act this way.
"You don't need to worry about the operational content of Zhengyi Technology," Jiang Yizhou decided after some thought. "Xu Xin, here's the plan: establish an investment and acquisition department within Zhengyi Technology responsible for investing in and acquiring companies aligned with Zheng Yi's philosophy that are founded by departing employees. As for Zhengyi Venture Capital... you can simply rename it Panda Venture Capital."
Jiang Yizhou switched hands with his phone and continued, "I’ll need you to temporarily take on the role of head of the internal investment and acquisition department at Zhengyi Technology. Once everything is on track, choose a suitable person to take over your position, and from then on, you will only be responsible for Panda Venture Capital!"
Xu Xin was surprised by Jiang Yizhou's decisiveness but recognized it as a viable solution. Separating venture capital from the company's own investments and acquisitions meant that any potential conflicts with Zhengyi Technology were not her concern but rather those of Ma Huateng and Li Yue.
"Okay, I will get on it right away!" Xu Xin readily agreed. Resolving such a hidden issue early on would clarify responsibilities and allow her work to proceed smoothly. Moreover, since the Venture Capital Firm was still being established, making corrections now would be relatively easy; once interests became intertwined later on, it would be much more complicated.
Xu Xin glanced at Wangyi's information on her computer and felt it necessary to discuss it with Jiang Yizhou. "Boss, I've discovered a great investment opportunity—it's the company I was worried about competing with Zheng Yi: Wangyi. Its BBS has thousands of daily visits and enjoys a strong reputation among internet users..."
After hanging up the phone, Jiang Yizhou felt somewhat melancholic; indeed, his arrival had changed many things—some directly and others indirectly.
From Xu Xin's account, he learned that Wangyi had launched nearly five months earlier than in his previous life. Although it had captured a significant share of the domestic market under the guise of providing free electronic mailboxes due to its failure, Ding Sanshi quickly attracted a batch of new internet users with its ease of use and simplicity.
This is also an unavoidable situation in the Internet industry. Any company that wants to grow strong needs to cater to the needs of the public. Although it is not obvious now, in the future, the number of internet users will increase exponentially each year. The main demographic of internet users has shifted from high-end individuals who can afford computers to the general public who only know how to use a keyboard and mouse, primarily consisting of trend-seeking young people.
However, this also presents an opportunity for him.
“Larry Page, Sergey, it's time to get off work. How about going out for dinner together?” Jiang Yizhou smiled as he invited the two.
“No, no, no, your taste is really a bit strange; we can't accept it! I'll just order takeout; I still have to work overtime tonight!” Larry Page recalled the truly "authentic Chinese food" that Jiang Yizhou had taken them to before, which was not to his liking, and he waved his hand repeatedly to refuse.
Jiang Yizhou shrugged; every place has its own flavors, and he couldn't get used to American-style Chinese food either.
“Well, I wish you both good luck!” Jiang Yizhou said with a slight smile, as he continued to invest, provide technical support, and personally supervise, which put considerable pressure on the two founders, forcing them to work hard to develop the search engine as soon as possible.
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