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Chapter 340 - Co-lead investment


Cao Wei lowered his head and pondered.He analyzed that Su Ze felt that his wings were stiff, and he had the idea of no longer being subject to Tencent.The other party wants his company to be on an equal footing with JD.com.But is this realistic?"

A homestay website, three games that are still popular, plus a newly established film company.It's your chips. ”"Not only that, but I also have an industry.A resort under construction, a catering company with well-known brands of ice cream and chocolate. ”"Oh, but it's not enough to want to be independent, right?""

It's really not enough, but if you add the Douyin in your hand, it's almost the same.I believe that this product can become popular, and the price of its popularity will have a diversion effect on Sina Weibo and divert the number of daily active users. ”Cao Wei looked at Su Ze's eyes and smiled indifferently: "Since this is the case, then why is Mr.

Su looking for me." ”He did not dispute Su Ze's point of view, and seemed to have decided that this phenomenon was not impossible.But Cao Wei's doubts are why the other party is so insistent on coming to him on the premise that Douyin may rob Sina Weibo of active users."

The idea has already been launched, and everyone has seen it.In the world of the internet, your ideas or ideas are never uniquely patented. ”"That's true."

Cao Wei nodded approvingly, "For example, our company first launched the concept of Weibo, and there are countless followers behind it.Huaguo's Internet companies, although they are not creative enough, are better than the blue in imitation. ”After a pause, he continued: "I can say without exaggeration that although Sina Weibo's idea originated from Twitter, its user experience is definitely much higher than that of the other party, and the operation is more convenient than the other party.The biggest advantage of Twitter is not itself, but English as the universal language of the world. ”This guy is quite confident, Su Ze smiled dumbly."

We don't talk about irrelevant topics.Mr.

Cao, if I guessed correctly, there will be many short video apps similar to Douyin entering the market this year, because this idea has been put forward by me, and everyone will follow and imitate it. ”The same is true for him and Cao Wei, who is sitting opposite, very confident."

Therefore, it is inevitable that the short video APP will divert traffic to Sina Weibo in the future.Mr.

Cao, instead of sitting and waiting to die, it is better to take the initiative.If you participate in it, such as choosing one of the short video apps to invest, or even helping each other to achieve the purpose of mutual drainage, you will also be beneficiaries. ”Suzhou picked up the cup, slowly took a sip of tea, and continued: "As the initiator of short video creativity, I should have an advantage over other followers, and I am also the most suitable partner for you on Sina Weibo, and we will cooperate for a win-win situation." ”Cao Wei was silent and did not reply immediately.What the other party said, he didn't take it into account before he came.With the popularization of 4G networks and the continuous decline of low traffic tariffs, it is foreseeable that short videos will inevitably become more and more popular.Although Sina Weibo also has videos, they are only incidental products after all, and their core is still text, while the core content of Douyin is short videos, and the two can learn from each other's strengths and weaknesses to achieve perfect complementarity."

Mr.

Cao, there is something I believe you have also noticed."

Su Ze smiled slightly and said suddenly."

What's the matter?"

Cao Wei frowned slightly and asked rhetorically."

In the past year, as a new company, ByteDance has developed very rapidly, thanks to the increasing number of active users of Toutiao, which I think Mr.

Cao should be very aware of.""

Well, that's right."

He nodded."

In fact, I personally think that compared with Douyin, Toutiao has a greater overlap with your company.Today's Weibo has also done the same as Toutiao, through big data analysis to find out the preferences of users, and then intelligently push them. ”Cao Wei squinted his eyes slightly, looked at Su Ze, and suddenly smiled: "The founder of ByteDance, like Mr.

Su, is a post-80s generation, and it can be said that they are both rising stars, so there must be a competitive relationship between your two companies." ”He is also an old and cunning guy, and he quickly judged from his words that Su Ze was full of vigilance against Zhang Yimin, who was also a newcomer.Of course, in terms of today's popularity and career, Su Ze has an advantage."

Onmyoji" is very popular, and the test response of "PlayerUnknown's Battlegrounds" is also very good, and he can be regarded as a preliminary realization of financial freedom at the company level, which is enough to make many people envious."

No, I didn't see him as a competitor."

Su Ze shook his head decisively and replied insincerely, "Since I want to find Sina Weibo for financing, I must do some homework to convince Cao Zongno?"

”"You are right, Toutiao and Weibo do have a lot of similarities, if the other party can get financing one after another, it may grow up quickly.In the era of mobile Internet, as long as we are willing to burn money and publicize, our advantage on the PC side is nothing. ”"Yes, although the gap between Toutiao and Sina Weibo is like a chasm, it does not mean that it cannot be crossed."

Su Ze was happy in his heart, he didn't care at all about whether Toutiao would pose a threat to Sina Weibo in the future, he just wanted to bring the other party to his camp and stifle the potential threat.After all, ByteDance, which is in another time and space, has embarked on the fast track of rapid development after obtaining financing from Sina Weibo.Now Sina Weibo at this point in time is in its golden age, Su Ze wants to make Douyin an instant hit, and needs the other party's drainage to seize the market.The uncertainty of the future is too great, and the success of ByteDance may not be able to be replicated by himself, so he doesn't want to take it slowly.Cao Wei listened to Su Ze's analysis and read his plan report, and he was also very moved.This kind of short video does involve fewer sensitive places than Weibo, which also adds an extra guarantee.If one day, Sina Weibo's traffic begins to decline, if it can promote mutual drainage with Douyin, it is not impossible to stabilize the stock price."

Mr.

Su, this round of financing should be more than just us, right?"

Cao Wei basically has no objection to financing, but he also knows that Lakeside Information has reached the D round, and it is unlikely that there will be only one."

Two of them."

Su Ze didn't hide it from him, "I also have a connection with Sequoia Capital.In my plan, I will find two companies in this round of financing. ”"Is this preparing for a listing?"

Cao Wei captured the key point.If you want to go public, bringing in world-renowned venture capital firms is a must-go."

If Douyin can really be popular, why not go public?

This is what many Chinese IT companies dream of. ”Su Ze replied with a smile."

That's the best, I also have connections at Sequoia Capital.I will discuss the specific matters with the other party. ”After this meeting, Cao Wei attached great importance to this financing matter.And the two co-lead investors are also Su Ze's purpose, so that the valuation is often inflated.()