Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 118: Run Xun

[Chapter 118: Runxun]

Runxun!

Hearing this word, Lou Chengun couldn't help but breathe.

Runxun, if it were in his previous life, it could be said to be called Tencent.

In this life, except for the different names of the founder and related investors, its development history is quite similar to that of the previous life except for the years.

For example, it was established in January 2009. In the same year, it launched QP based on the originator of foreign chat software. As soon as it was launched, it was accepted by netizens and began to develop rapidly.

This is not much different from that of Tencent managers in their previous life.

Later in the second half of this year, Runxun’s chat product was accused of infringement by the originator of chat software, and his name was officially changed earlier.

This kind of traceable development has made Lou Zhengnuo think about investing in it a long time ago.

But unfortunately, when he planned to invest, Runxun had no plans to raise funds.

Lou Chenguo remembers that Runxun only had a round of financing in April, why is he planning to raise funds now?

Lou Chengnuo asked Shao Zhigang, but Shao Zhigang was vague.

Lou Chengnuo thought about it and said, "In the afternoon, you can ask the other party to come out and chat, and I will listen to the phone."

Now Runxun wants to attract investment, so Lou Chenguo naturally cannot look too eager to avoid being eaten by Runxun. So before Wang met Wang, Lou Chenguo did not intend to show up.

...

"How is it? What does the other party say?" Zhang Dong took a taxi back to Runxun's office in Feiyada Building, and a man with a national character came towards him. The man about 28 or 29 years old asked.

The man's name is Ma Hua, and he is currently the major shareholder and one of the persons in charge of the operating company of the largest chat software QP in China.

"The other party said he would consider it." Zhang Dong shook his head, sighed, and said.

All adults, so naturally they know that the so-called "conferencing and discussing", "understanding the situation", and "consider" are all excuses.

"The other party did not refuse directly, at least the other party still has the possibility of considering it!" Ma Hua comforted.

"How is your side?" Zhang Dong said to Ma Hua for a moment.

"Oh, Kingdee also refused." Ma Hua said.

"I don't know how Li Qing is doing." Zhang Dongdao.

Ma Hua shook his head, "I guess he's hanging, there's no response for so many days."

The two said that Cao Cao was here. As soon as they finished speaking, one of the founders of Runxun Company went to Beijing to find Li Qing from Lianxiang Group to call.

"Oh, it didn't work, Lenovo rejected us." As soon as the phone was answered, Li Qing directly released the bad news because there was no need to be polite to the friendship between several people.

He heard bad news again, even a young man who had always been optimistic as MCA could not help but frown.

Since the funds obtained from financing in April became anxious, their founders have traveled all over the country and knocked on the doors of Internet giants, such as Xinsurfing, Sohu, Yamen China, Kingdee, Lianxiang, TOM, Runxun and other industry insiders...

The result was rejected without exception, except that in the eyes of technicians in the Internet industry, they can do all Runxun’s work themselves, so why do they have to spend millions of dollars to buy?

In addition, they also thought about letting several companies investing in their own investment increase their capital and expand their shares, but in the current business model is not optimistic, there is no hope of making quick profits, burning money too quickly, and under the shadow of the Internet bubble around the world, investors have lost confidence in Runxun.

They are now looking for buyers to take out their shares, so how could they still be willing to inject capital into Runxun!

Of course, investors are not unwilling to invest additional investment to revitalize Runxun, but MCA insists that the entrepreneurial team must maintain control, while IDG and Yingke do not believe that under the current situation, Runxun still has room for a premium issuance.

"MCA, we have reached the point where we have run out of ammunition and food. Do we really have to insist on maintaining control?" Li Qing said on the other end of the phone.

The current equity composition of Runxun Company is that IDG and Yingke each hold 20% of the shares, and the remaining 60% is in the hands of their main founders, including those who invest with technology and those who invest with capital.

As the initiator of Runxun Company, Ma Hua is the largest single shareholder of Runxun Company and the company's head.

At this time, MCA was also hesitant to decide whether it was right to insist on maintaining control of the team.

"Wait a little longer, didn't Runxun say he would think about it?" Ma Hua pondered.

Zhang Dong had no choice but to hold his forehead, "That might be just an excuse for people to refuse!"

...

On this side, Lou Chengnuo was also discussing with Shao Zhigang about the talks when Shao Zhigang met with Zhang Dong, one of Runxun founders, in the afternoon.

Although Zhang Dong did not reveal any inside information about financing to Shao Zhigang during the conversation in the cafe, the promise that the Lou, who was listening to the phone, probably concluded that Runxun is now in a hurry to lack financial support.

Internet companies are short of money, they just need to raise funds.

But now the background of Runxun’s lack of money is that in the cold winter of the Internet, major investment banks have tightened their funds and are no longer superstitious about the number of users, which is much more realistic.

Runxun in history can be said to have knocked on the doors of Internet companies at this moment, but no one was willing to take over Runxun's shares.

In history, Ma Huateng also bluntly stated that this period was the most dangerous moment for Runxun. If there is no funds to supplement it later, Runxun will face bankruptcy.

"Chairman, are you interested in Runxun's shares?" Shao Zhigang asked.

Although Qiandu Company and even the Ministry of Information and Information have invested in several Internet companies over the past period of time.

However, these investment buildings promised to be just a brief look, compared the future of this project in its previous life, and did not show much interest.

However, for Runxun Company, Shao Zhigang found that he had a high tendency to invest in Runxun through Lou Chenggong, so he asked.

Lou promised not to comment, thought for a moment, and said, "If you contact Runxun, you will say that Qiandu Company is interested in financing it."

Lou Chenggong originally wanted to take this opportunity to directly acquire Runxun Company. After all, it is the last dark moment before Runxun took off. After it passes, it will usher in a new life.

However, Lou Chengnuo recalled the MIH who helped Runxun in his previous life, which was worth up to $60 million, so he gave up this idea.

In the history of previous lives, at most, in January 2001, MIH's website would come to Tencent's office.

The development trajectory of Runxun in the parallel world is similar to that in history. Lou Chenggong believes that according to the historical trajectory, the Internet of the parallel world must be understanding Runxun now.
Chapter completed!
Prev Index    Favorite Next