After Lam Fook-wong completely defeated Western capital in the financial battle of 1997 in Hong Kong.
Lin Huowang and his various groups and funds have gained international renown.
This is the first time that an Eastern tycoon has been so seriously regarded and valued by Western capitalists.
Even though Lin Huowang is now quite low-key and rarely appears in the media anymore.
However, in the world's top circles of the wealthy, the name Lin Huowang is one that they look up to.
After all, he was an Eastern genius who had defeated financial magnate George Soros and was regarded as an idol by investment genius Warren Buffett!
...
Time flies by like the Yellow River, and soon it was late autumn of 1999.
At this time, Beijing, especially the Zhongguancun area, had undergone tremendous changes.
There are scaffolding everywhere, and large billboards everywhere that read "technology," "network," and "information."
In Haidian District, there is an office building that doesn't look particularly eye-catching, but has a very high level of security. This is the headquarters of "Longteng Venture Capital Company".
At this moment, Lin Huowang was wearing a simple casual jacket, holding a purple clay teapot in his hand, and leaning lazily on the sofa.
At this time, Lin Huowang was over forty years old, but because he took good care of himself, he looked like he was only in his early thirties, which was the most charming time for a man.
On the sofa opposite him sat several young people who looked rather reserved, or even trembling with nervousness.
They all had distinctive appearances, making them memorable at first glance, let alone Lin Huowang, a reincarnated person from a later era.
One of them looked like an alien, thin and withered, not exactly good-looking, but his eyes were frighteningly bright;
One, however, wore glasses, was refined and gentle, and looked like a typical shy science and engineering student;
There was another one who was quite handsome, but he stuttered when he was slightly nervous and had the look of a tech geek.
Yes, this is the person who later became a big name in the country.
The three giants of the Chinese internet are Ma Yun, Ma Huateng, and Li Yanhong.
But at this moment, they were just a few struggling entrepreneurs who were hitting walls everywhere and could barely afford the rent for their website servers.
“Mr. Lin…”
The first to speak boldly was a young man surnamed Ma who looked remarkably like an alien, who said:
"Although our website is still very rudimentary, and although everyone says I'm dreaming, I firmly believe that the internet is the information superhighway for China's future! E-commerce will be China's largest trade center in the future! As long as you invest in us, in the future... in the future, we will definitely be able to change the world together!"
After saying these words, which he had said countless times, he stared nervously at Lin Huowang in front of him, his heart filled with trepidation.
Before this, he had already approached more than thirty investment institutions.
Unfortunately, everything he said was dismissed as a lie and he was kicked out.
He finally managed to pull some strings and get to Lin Huowang to introduce his project; this was his last hope.
"Yes, what you said makes a lot of sense."
Lin Huowang's words sounded rather perfunctory.
He neither said he believed nor he didn't believe.
He simply turned his head slightly and looked at Ma Huateng, asking:
"And what about you? How many users does your... OICQ have now?"
"Reporting...Reporting to Mr. Lin! We now have over 50,000 registered users! But...but the servers are too expensive, and we're almost at our breaking point. If you could invest some money, I...we could give you the lion's share of the equity!"
Ma Huateng said honestly that at this time, he really didn't care about the number of shares, as long as the company could survive.
In real history, Ma Huateng almost sold the entire Tencent to Zhang Chaoyang of Sohu for 500,000. Later investments from a South African company and Li Ka-shing's son also resulted in the acquisition of a majority stake.
It can be said that at this time, there were many internet startups, and many failed, because no one had yet found a truly profitable direction.
The daily surge in user numbers represents both increased revenue and a headache for server costs.
Therefore, more important than developing users and researching products is that founders must be good at raising money, raising money, and raising money!
"And you."
Lin Huowang then looked at the handsome tech geek Li Yanhong and said, "Tell me, is the search technology you developed really better than Google in the US?"
"Of course!"
When tech geek Li Yanhong talks about his expertise, he immediately becomes passionate and confidently states, "My 'hyperlink analysis' technology is absolutely world-leading! Given enough money to buy the equipment, I can make Chinese search faster than English search!"
Looking at these future bigwigs, so naive and inexperienced, yet eager to be appreciated and invested in by him, Lin Huowang was overjoyed!
Yes!
Lin Huowang, indulging in his wicked sense of humor, specially invited three future bigwigs to today's investment negotiation and inspection meeting.
This feeling is quite wonderful.
It's like playing a very special simulation game, the kind where you start with a max-level character and a max-talented alt.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
Continue read on readnovelmtl.com