You call this entrepreneurship?

Chapter 119 The heroes rise together
"Our main target users are Internet users with dyslexia. Because of the low-threshold model of picture blogs, ordinary users can easily browse it."

"The early development market of the website is aimed at the sinking market, and low threshold is our advantage."

Qin Shaoyan made the final conclusion.

Steve was sipping his coffee and thinking, and after a long time he asked, "Do you have any ideas for the future of the website?"

"I have a little idea." Qin Shaoyan said confidently, "In addition to advertising, we encourage bloggers to create more high-quality content and attract enough fans to pay for this high-quality content through high-quality content."

"Payment for content?" Steve's eyes lit up, "Can you elaborate on it?"

"This is just a preliminary idea of ​​ours." Qin Shaoyan smiled, "I call it the OnlyFans mode!"

"OnlyFans?!" Steve sat up straight and became excited.

This is another new concept.

New concepts, new stories, new models, this is what the capital market loves to hear.

"To put it simply, creators publish content on the website, users pay the creator directly, and the website takes a portion as a share." Qin Shaoyan briefly introduced, "Ordinary users can pay creators from these three functions. Subscription, content decryption and tipping.”

“Our goal is to be a content sharing platform for creators, with enough high-quality content to attract users to pay for content.”

Steve put down the coffee in his hand, "Very good, I like this model very much, can you let me take a look at this website?"

"Of course." Qin Shaoyan stood up, "Please wait a moment, I'll call my partner in."

Qin Shaoyan walked to the next door and called Zuckerberg over, who was still in a daze. "Steve wants to take a look at your website. Did you bring your laptop?"

"I'm taking it with me." Zuckerberg quickly shook the computer bag in his hand.

"Go ahead and give a good demonstration. This is a good opportunity to show off." Qin Shaoyan cheered from the side, "Relax, don't worry about screwing up, just treat it as a preview."

Zuckerberg was dragged into the office by Qin Shaoyan. He opened his laptop with a stiff expression, connected to the Internet, and opened the page to display it.

Steve glanced at it for a few times and didn't care at all about the various large-scale photos above. Instead, he carefully studied the functions of the website.

Seeing that Steve was silent, Zuckerberg quickly explained: "These are just a strategy we use to attract users in the early stage, and we will gradually improve it later."

Steve didn't care about this. After asking about the registration, daily activity and other data of several websites, he looked at Qin Shaoyan and asked, "How much is it?"

"Ten million dollars." Qin Shaoyan raised a finger, "Release 20% of the shares."

"Two million dollars is fine." Steve nodded without hesitation.

Fuck, Qin Shaoyan regretted it, the price was too low.

"But you have to sign a betting clause." Steve added.

Qin Shaoyan looked at Zuckerberg, "Mark, what do you think?"

Zuckerberg hesitated and nodded, "I think it's okay!"

So the two parties quickly reached an agreement. The Tupu website would attract 100,000 users within half a year and reach 300,000 users after one year.

If the Graph website can meet the target, Yahoo is willing to continue to invest at a valuation of US$40 million. If the target is not met, Yahoo will obtain % of the shares.

All three parties are happy with this result.

Yahoo invested in a website with great potential, and Zuckerberg received valuable development funds.

As for Qin Shaoyan, he not only got money, but also got a website with great potential.

The most important thing is that the most threatening opponents are bound for a year through this website.

In this year, it was enough for Facebook to grow into a unicorn worth over ten billion and become the unshakable king of the social field.

After receiving funding from Sequoia, Facebook has been conquering cities and territories, and the number of users continues to grow at a high speed.

More and more people are paying attention to this newly emerging social networking site. As traffic increases, the value of Facebook continues to become more prominent.

For example, Tracey, a cheerleader from a small town high school, had just been shortlisted for the Popular Stars National Finals and was immediately spotted by an agency.

After a short negotiation, Tracy signed a contract with an Internet celebrity agency and obtained a promotion contract worth tens of millions of dollars.

For a time, Popular Star contestants were so popular that other agencies rushed in to snatch these newcomers.

Many TV stations followed up on the hot topics, allowing these new Internet celebrities to show their faces in front of the cameras.

In addition to people, cats and dogs have also become new stars on Facebook.

A blogger who likes to share his cats every day went viral and became a blogger with 100,000 followers. In addition to the fame brought by the surge in traffic, she also quickly gained financial benefits, not only receiving a monthly creative reward of US$500.

A pet products company even came to the door and paid $100,000 to buy out three months of advertising.

The birth of wealth legends attracts more and more people.

“If you want to become an internet celebrity, hurry up and register on Facebook!”

For a time, this sentence became the hottest topic on the Internet.

Facebook has also become the most popular website in the United States.

……

Qin Shaoyan ended his affairs in the United States and set off back to China with his team.

Zheng Nan, who had followed all the way, was full of melancholy and sighed in front of Qin Shaoyan, "Mr. Qin, your appetite must be too big."

"Is it big?" Qin Shaoyan asked innocently, "I'm already restrained enough."

"It's only been a few months, and the valuation has increased by 50%." Zheng Nan sighed, "It only cost million before, but now it costs million. The price has increased too fast."

"The past was before, and now is now." Qin Shaoyan said calmly, "The valuation of Campus Network is based on the valuation of Facebook. With the current value of Facebook, I only want you 300 million, which is already based on Sequoia. The first investment gained me face.”

Zheng Nan made a bitter face, "I regret it. If I had known this, we should have forced you to sign before you got on the plane. Just hesitate like this, and 100 million is gone."

"Three hundred million is already a lot of money, Mr. Zheng." Qin Shaoyan comforted with a smile, "In the next round of financing, the valuation of the campus network will be at least ten times higher."

Zheng Nan did not refute Qin Shaoyan's words. He sighed, "We are going to bring IDG in to invest together."

Qin Shaoyan naturally agreed with both hands and feet. The more people involved in this kind of thing, the safer it would be for a win-win situation.

If conditions didn't allow it, Qin Shaoyan would have wanted to bring in more than a dozen venture capital firms.

As soon as the plane landed, Zheng Nan immediately went to organize a group and started investment negotiations in a hurry.

Having already missed one opportunity, Zheng Nan was afraid of missing a second opportunity.

If you don't vote, it will be too late.

As soon as Qin Shaoyan returned to the company, Chen Guangxia, who was left behind, hurriedly came over to report.

"Mr. Qin, you are finally back." Chen Guangxia said anxiously, "Now our campus network has competitors, and I have issued several."

"Competitors?" Qin Shaoyan suddenly laughed, "This is a good thing. The more competitors there are, the more our value can be reflected."

Chen Guangxia said worriedly: "These websites are all from bad intentions. The campus social market is so small, and so many companies suddenly crowd in, the competition will be fierce."

"It's a matter of time." Qin Shaoyan didn't care at all and said with a smile, "We have lived comfortably for long enough, it's time to get more intense."

Facebook is making a killing on the Internet in the United States, and its popularity is off the charts. This wind will soon blow from the other side of the ocean to China.

Those engaged in the Internet have a very keen sense of smell, and they will definitely pounce on business opportunities when they see them.

Even with the campus network as a first comer, it cannot stop the enthusiasm of many entrepreneurs.

The couple who returned from Yale MBA directly received an investment of US$5 million, allowing Zhanzuo.com to launch the first shot of the challenge.

However, Dazhong.com quietly received 48 million US dollars and expanded throughout the south of the Yangtze River, with a strong momentum to conquer the Yangtze River.

At the same time, imitators such as Gaopeng.com and Kaixin.com emerged one after another.

These websites may be ambitious and trying to compete, preparing to become China's Facebook.

Or they may develop in a low-key way to seize the market, make up their mind to make a fortune and run away.

No matter what the purpose is, invisible smoke is spreading everywhere on the Chinese Internet.

Facing the appearance of the challenger, Qin Shaoyan was not anxious at all and urged Zheng Nan very calmly.

"Mr. Zheng, when will you pay me?"

"Hurry up and get the money so I can compete with those knockoffs."

"I, Qin Shihuang, give me money!"

　My body is still recovering, and the sequelae of COVID-19 are still a bit difficult to deal with. I will rest for a few days before posting more.

　　
　
(End of this chapter)