China Entertainment’s rescue plan is hard to come by

Chapter 172 The Dilemma of the Campus Network [Please subscribe]

Chapter 172 The Dilemma of the Campus Network [Please subscribe]

Deshengmennei Street, Sun Yi Film and Television Studio.

As soon as Sun Yi came back from Beiying, he was told that someone was waiting for him in the office. After asking, he found out that the person was actually Wang Xing.

Since the middle of last year, Xiaonei.com invited Sun Yi to be its spokesperson and he invested in it by mistake, he has not paid attention to Xiaonei.com for a long time, and Wang Xing seems to have no extra time to talk to him, but every time Every month, he will send an internal briefing to him as an investor as usual.

And Sun Yi has basically never seen it.

It must be something very important to come to him rashly today.

Sun Yi walked directly into his office without any further hesitation.

"Hey, Mr. Wang, it's a rare visitor."

Wang Xing had been waiting for a long time. When he saw Sun Yi coming back, he immediately stood up and reached out to greet him.

After shaking hands and saying hello, the two took their seats one after another.

Sun Yi looked Wang Xing up and down.

Dressed like a typical programmer.

Sneakers, jeans, a plaid shirt, a pair of black-rimmed glasses on his face, and a black backpack next to the sofa.

I don’t know if it’s because of staying up late and working too much overtime. Wang Xing’s face is a little sallow, and the hairline on the top of his head feels a little higher than when we met last year.

"Tea or coffee?"

"It's okay, it's okay."

"Then let's have some coffee. Returnees from overseas like Mr. Wang must be more accustomed to drinking coffee."

"It's all the same. When I work overtime at night, sometimes I just drink whatever I want. I don't have to choose."

Programmers work overtime, but they don't pay that much attention.

Sun Yi shook his head and smiled, stood up and got a cup of coffee for Wang Xing, and then got another cup for himself.

Although his office is not big, it still has things like a coffee machine.

"The conditions are limited and it's not a good coffee. Mr. Wang, please bear with me."

Wang Xing quickly took it with both hands and replied politely:
"Thank you, thank you, that's good."

When Sun Yi sat down again, Wang Xing couldn't wait to explain the purpose of his visit today.

"Mr. Sun, our school network is currently developing very well. As an SNS social networking site, it is similar to Facebook in the United States to deeply penetrate the college student market."

Wang Xing spoke very quickly, and his hometown was in the south. Although he had been working hard in the capital for many years, he still had a bit of a Fujian accent. Sun Yi sounded like he was having a hard time eating, so he had to raise his hand to interrupt him.

"Mr. Wang, Mr. Wang, let's slow down, don't be in a hurry, we have plenty of time."

"Oh. Okay, okay."

Wang Xing was a little apologetic, took a sip of coffee, and covered up his embarrassment.

Just now, he subconsciously followed the meeting pattern between the Xiaonei network entrepreneurial team, and didn't even consider whether Sun Yi's ideas could not keep up.

"That's right, Mr. Sun, I'm here today mainly to introduce you to the achievements of our school network at this stage. Let you, the investor, have an overall understanding of our project."

"Yeah, okay, Mr. Wang, please speak." Wang Xing adjusted his wording and speaking speed, and said to Sun Yi:
"Our Xiaonei.com is comparable to Facebook in the United States. It is a social networking website model. The current target group is very precise, which is college students."

In order for Sun Yi to understand, Wang Xing abandoned many professional terms and tried to explain to Sun Yi in plain and easy-to-understand language.

“Since the launch of our campus network, with the continuous efforts of the entire team, in less than a year, the number of registered users among college students nationwide has reached nearly 20, and the number of participating universities has exceeded 60. Currently, the number of registered users among college students has exceeded 1. It has reached No. [-] in this vertical field."

Having said this, Wang Xing glanced up at Sun Yi and found that the latter did not show any shock, so he had to continue:
"Of course, Mr. Sun has also taken great credit. Since you endorsed the school network, our overall new registered users have also flocked to us, which has greatly promoted the growth of our second wave of new users."

Wang Xing's words are not a compliment. With the release of the movie "Those Years" and the popularity of Sun Yi's second album of the same name, Sun Yi is still very well-known now.

Of course, his current fans cannot be monetized because most of them are young students with low purchasing power, and they generally know him through the rampant piracy on the Internet.

Sun Yi agreed very much with what Wang Xing introduced. In his previous life, he was a loyal user of the school network.

Moreover, others didn't know it, but he knew that the man in front of him was one of the great men of future generations, with top-notch abilities and luck.

Sun Yi waved his hand towards Wang Xing and said with a smile:
"I just signed an endorsement, and nothing else helped. This achievement mainly depends on Mr. Wang and your team. I don't dare to take advantage of this."

Wang Xing was obviously excited when he heard this. Sun Yi's words represented his recognition of the entire school network entrepreneurial team, which greatly satisfied Wang Xing's vanity.

In turn, he was actually very satisfied with Sun Yi as an investor.

He is an overseas returnee, and many of his friends and classmates are entrepreneurs. However, according to them, investors mostly inspect and screen entrepreneurial teams repeatedly, and will put forward various requirements, even serious ones. will demand management rights of the company, but will kick the entrepreneur out of the decision-making layer.

And investors like Sun Yi, who don't ask or even mention the future division of labor after giving money, are really very cute.

Yes, in the eyes of male entrepreneurs like Wang Xing with a science background, investors like Sun Yi are cute.

Although he did not provide more resources, the publicity effect of his celebrity status on the website was also a great help to their small website that had just been established less than half a year ago.

"Mr. Xiao Sun, I'm here today. In addition to introducing you to the results of our website, there is another important thing. Our website has reached a bottleneck period. We need to consult with you about the next stage of development. Your opinion as a shareholder.”

After hearing this, Sun Yi was a little confused.According to his understanding of the limited company, his original investment of 200 million only accounted for 20.00% of the shares, and he did not even have a veto power.As long as Wang Xing's entrepreneurial team has discussed the future development of the website, his opinion should not be that important.

"Mr. Wang, can you tell me more specifically?"

"It's like this. As Facebook broke into the top ten in terms of website visits in the United States at the beginning of the year and became the first stop for social networking, the entire SNS website concept was hyped. Our domestic competitors have already appeared, and they are relatively large. The largest ones are 51 Network and 5Q Network."

After saying this, Wang Xing looked at Sun Yi subconsciously.

The latter crossed his arms and just nodded, signaling Wang Xing to continue.

Obviously, Sun Yi also realized that what Wang Xing was going to say next was the purpose of his coming today.

Wang Xing pondered for a long time and said somewhat seriously:

"The biggest problem facing our school network now is that we have no money. The dozen of us didn't get a penny of the 200 million you invested last time. We lived frugally and persisted until now."

"But people can persist, but servers cannot. As the number of website users increases, the website needs to add servers. Not only do we have no money to rent new servers, but even the original servers will expire in June."

"Now it's hard for a clever woman to make a meal without rice."

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(End of this chapter)

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