You call this entrepreneurship?

Chapter 103 Inspection
Everyone else agreed with Mr. Zheng's proposal. Of course, it was impossible to meet directly like that. Some background checks had to be done.

Having said this, everyone looked at Zheng Nan.

"Since the call came to you, it should overlap with your social circle. Please ask Mr. Zheng."

Zheng Nan thought about it and realized that there was nothing wrong with what he said. He had already been called, so it must have been leaked by relatives and friends.

Zheng Nan opened the address book on his mobile phone and said, "Let's make a pair. First, we should eliminate our overlapping contacts and narrow down the scope."

Several people got together and picked out the people they all knew first.

Zheng Nan took the rest of the list and contacted them one by one, and soon asked lawyer Zhang Yuan.

At this time, Zhang Yuan was explaining the Company Law as requested by Mr. Qin, and occasionally had to answer and correct some of Mr. Qin's more dangerous ideas.

Just after answering a question, Zhang Yuan was about to take a sip of water when his cell phone rang.

He lowered his head and saw Zheng Nan from Sequoia, then subconsciously looked up at Qin Shaoyan, hesitating whether to answer it.

Qin Shaoyan asked with a smile, "Is this Mr. Zheng's call?"

Ok?
Zhang Yuan was a little surprised, how did Qin Shaoyan know?
What did he say when he went out to make a phone call just now?

"It's okay to take it." Qin Shaoyan said generously, "I don't mind."

But I mind.

Zhang Yuan hesitated for a moment before picking up the phone, and put it to his ear, "Hello, Mr. Zheng."

"Lawyer Zhang, you are so considerate." Zheng Nan said a few polite words, "I am looking for you to inquire about a person, Qin Shaoyan, do you know him?"

Zhang Yuan glanced at Qin Shaoyan, who was sitting opposite, and replied in a deep voice: "I know him, he is my client."

"Really?" Zheng Nan's tone suddenly became excited, "Old Zhang, can you tell me about this person?"

Zhang Yuan refused directly: "I'm sorry, I can't reveal the client's information."

"Oh, Lao Zhang, this is the relationship between us." Zheng Nan said with a smile, "Tell me what you can reveal."

Zhang Yuan looked at Qin Shaoyan again. Unexpectedly, Qin Shaoyan smiled and shook his head, making a please gesture.

With the permission of the rightful owner, Zhang Yuan briefly talked about Mr. Qin's glorious deeds, and Zheng Nan sighed repeatedly.

Mr. Qin started from scratch and made tens of millions of dollars from just one game.

Then he used $10 million to build Facebook, and within half a year it was valued at $1 billion.

What a rare business talent.

After Zheng Nan got the information he wanted, he thanked her repeatedly and put down the phone to share the information he got with others.

Others also obtained scattered clues from other channels and pieced together general information about Mr. Qin.

I heard that Mr. Qin is very energetic and often holds meetings with the leaders of the publishing department.

He also has many connections in the United States and has a good relationship with major game companies.

Things about Facebook are easier to verify. Although it took some trouble, people from Sequoia China obtained Facebook information from the United States.

Then everyone became even more excited, as if they had discovered a treasure.

A new model of Internet social networking, a clear market positioning, and a verifiable new business model.

Isn’t this the story everyone loves to hear in the investment market?

The partners and directors of Sequoia China came to a unanimous conclusion after studying the campus network.

This website is good and you can submit it.

Zheng Nan thought for a moment and said, "I'll have a look at it tomorrow. I personally think this project is quite good."

"We at Sequoia China have just opened, so we need to choose our first project carefully and strive for an instant success for good luck."

……

The next day, in addition to Zheng Nan, two partners and general managers followed, plus the vice president and investment manager, and a group of people headed to the haunted house.

Qin Shaoyan, who had received the notice in advance, stood at the door to greet him enthusiastically and said with a smile: "Welcome, Mr. Zheng, please come inside."

The arrival of such a large group of people made the originally deserted office hall lively. Many people stood up and stretched their necks curiously to watch and started talking at the same time.

"Didn't you say they are from the United States? Why are they all Chinese?"

"There aren't even any foreigners? Isn't this a lie?"

"Mr. Qin, please don't let others deceive you."

The assistant and investment manager who was lagging behind frowned, but couldn't say anything. In contrast to the outspoken speech of his employees, Mr. Qin was warm and considerate, and immediately served him coffee, snacks, fruits and other treats.

As soon as Zheng Nan entered the small conference room, he saw the shiny golden keyboard, with the letters engraved on it very conspicuous.

"No. 1 in Chinese games." Zheng Nan nodded with a smile, "Mr. Qin is indeed great. He is great at making games and even more powerful at starting a business."

"Everywhere, I just rely on my colleagues to praise me." Qin Shaoyan immediately said modestly, "I'm still far away."

"There is no need for Mr. Qin to be modest." Zheng Nan said with a smile, "We have already learned some information. Mr. Qin relied on 10 million US dollars to reach Facebook's valuation of 1 billion. This is not something ordinary people can do. "

"It's just a good opportunity." Qin Shaoyan responded with a smile, "I just happened to seize this market pain point and open up a new track in the Internet social segment."

"That's good." Zheng Nan nodded in agreement, "So we will also come to inspect this new track."

Qin Shaoyan was stunned for a moment, then smiled and said, "You are here to inspect. You are welcome. I am ready."

Zheng Nan nodded, smiled and said, "Then Mr. Qin can introduce it to us."

Qin Shaoyan opened the PPT on his laptop, projected it on the screen, and then began to explain.

From the number of campus network users to the growth rate, from the New Year’s Day promotion to the gratitude feedback for the beginning of school.

The people from Sequoia China listened with great concentration and showed great interest.

After that, Qin Shaoyan gave a brief introduction to Jingdong Mall and logistics. Users are concentrated on university campuses, and universities are concentrated in cities, so logistics is very difficult.

After listening to the introduction, Zheng Nan and the others looked at each other and began to whisper, with satisfied looks in their eyes.

Zheng Nan pondered for two seconds, "This campus acquaintance social network and this e-commerce are really good, forming a closed loop of business logic, clear positioning, and great potential for development."

Qin Shaoyan smiled and rubbed his hands, "It must be good, otherwise I wouldn't dare ask you for 200 million US dollars."

Everyone present at Sequoia was stunned. Two hundred million dollars?
Why don't you go and grab it?
This is not how a lion opens his mouth.

Zheng Nan frowned, looked at Qin Shaoyan and said, "Mr. Qin, are you kidding us?"

"Are you kidding?" Qin Shaoyan felt confused. "We negotiated Facebook's valuation in the United States, and now we don't recognize it? Do you still talk about business integrity?"

"What Facebook?" Zheng Nan was startled, "We are here to see the campus network."

"Campus network?!" Qin Shaoyan looked confused, "Aren't you here for Facebook?"

Zheng Nan shook his head, "Of course not, we are just for the campus network."

"It's a mess, let's figure it out again." Qin Shaoyan looked at Zheng Nan with doubtful eyes, "Aren't you here to inspect and verify the business model for Sequoia?"

Only then did Zheng Nan realize what was wrong, and said quickly: "Mr. Qin, you misunderstood. We are not here to inspect on behalf of Sequoia in the United States. This time we are here to inspect on behalf of Sequoia China."

Qin Shaoyan still looked puzzled, "Aren't you from the same company?"

Zheng Nan explained: “We are both called Sequoia, but we adopt a localized operation strategy and make investment, management and other matters independently in our respective markets.”

Qin Shaoyan seemed to have just understood, and suddenly said: "That means you each operate independently and do your own thing without interfering with each other, right?"

Zheng Nan nodded, "Yes, that's right."

"Then the American Sequoia inspection has nothing to do with you, right?" Qin Shaoyan continued to ask.

"Yes, that's their business." Zheng Nan replied.

"Oh, that's it." Qin Shaoyan then sighed, "I thought Taylor wouldn't come, so I sent you here to replace the American team."

The atmosphere in the conference room suddenly became quiet. Zheng Nan felt that Qin Shaoyan was no longer so enthusiastic, and he suddenly became suspicious.

"Mr. Qin, can you tell us what this business inspection is about?"

Qin Shaoyan said hesitantly: "You two Sequoia are operating independently. It's not appropriate for me to tell you this."

Zheng Nan said in a deep voice: "We have an agreement. We have the right to know about matters related to the domestic Internet. Otherwise, we have the right to suspend your cooperation."

"That's it." Qin Shaoyan doesn't care whether they really have this agreement, he just needs to go on.

Qin Shaoyan thought about it, built his own campus network, and then transplanted it to the United States to become a Facebook website.

Then we went to venture capital to negotiate valuation issues, and Sequoia explained the situation that required verification of the business model.

Zheng Nan asked in surprise, "Does that mean Facebook is a replica of the campus network?"

"It should be a replica and upgraded version." Qin Shaoyan corrected, "After all, the Internet and school environments in the two countries are different."

"Mr. Qin is really a business wizard." Zheng Nan couldn't help but sigh. In the past, the domestic Internet copied the American model, but now Mr. Qin has come up with a reverse export, and it has been successful.

Then Zheng Nan asked further: "What conditions did American Sequoia agree to Mr. Qin?"

(End of this chapter)