Chapter 29: Money in hand! Stunning everyone
After a long while, Director Li Xiaoqin came in and said, "It's approved from above. Pay the money and the code."
"Give me an account number and I'll ask the finance department to transfer the money."
Lin Xiao gave a China Merchants Bank card, which was just opened in Hangzhou not long ago.
In theory, you should continue to use PAYPAL for transactions, but there is no need to do so.
"It should have arrived in your account, please check it." Li Xiaoqin said.
I thought Lin Xiao would take out his mobile phone and check the bank messages, but Lin Xiao ran out with the bank card.
He went to the nearby ATM machine with a grunt.
This master is even poorer than we imagined. He doesn’t even have a cell phone.
Insert your bank card into the ATM machine and enter your password to make a query.
Balance 200010!
Two hundred thousand has been received, and there is not even any personal tax.
So cool!
Although he had prepared himself mentally, Lin Xiao still felt so good that his scalp was tingling.
Two hundred thousand. A full two hundred thousand.
They are really used to being poor! This amount of money is twenty times the family's annual income.
The first pot of gold is in hand.
………………
When Lin Xiao returned to the coffee shop, the man with glasses was checking the virus code.
"How is it?" Li Xiaoqin asked.
The man with glasses said, "Very rough, very gangster."
Li Xiaoqin said: "Isn't that bad?"
"No, he's a genius." The man with glasses said, "Coding is the same as writing articles. It also depends on talent. Domesticated code dogs like us can't write it. Only unrestrained wild dogs like him can write it."
Li Xiaoqin asked: "What about this business?"
The man with glasses said, "It's a great deal. This is a great virus! It could even go down in history. How much profit we can extract from it depends on how low our moral bottom line is."
When Lin Xiao sat back down, Li Xiaoqin suddenly asked, "Student Lin, are you interested in working at Kingsoft after graduation?"
Lin Xiao said: "Thank you."
Thank you is a more straightforward rejection than no.
"Then we'll meet again if we're lucky." Director Li Xiaoqin extended his hand towards Lin Xiao.
Lin Xiao also reached out and shook her hand.
Then, Li Xiaoqin and the man with glasses, Cheng Gong, were about to leave.
Lin Xiao suddenly asked: "This... engineer whose name I don't know, can you please leave your QQ number?"
The man with glasses said helplessly: "My name is Cheng Hai."
Then he left his cell phone number on a napkin.
Li Xiaoqin found that Xia Xi was still sitting there without moving, and couldn't help but say, "She's back to her soul. She's gone."
Xia Xi said: "You go first, I will talk to him."
Li Xiaoqin was surprised. What is there to talk about with him?
Although Xia Xi failed in her business, she was still an absolute darling of heaven. Li Xiaoqin knew how proud he was of his friend and how high his eyes were.
If it wasn't for the coincidence that she and I lived in the same dormitory for more than half a year, and if it wasn't for Li Xiaoqin's smart and proactive approach to please us, I probably wouldn't have been able to make this friend.
In fact, Xia Xi really has very few friends.
"Do you want me to accompany you?" Li Xiaoqin asked.
Xia Xi shook her head and said, "No need."
After a while, Lin Xiao and Xia Xi were the only ones left at the seat.
"What did you say this morning outside my house about the reason why my business failed?"
Lin Xiao said: "You are too ambitious and have little talent."
“When you choose a portal as your entrepreneurial direction, it means failure.”
"You were going to build a local portal website for Beijing, right?"
"If you run a portal website, you will die!"
Xia Xi frowned slightly and leaned back instinctively.
Obviously, this is a half-attack, half-defense posture.
At that time, portal websites were the sunshine of the Internet, and Yahoo was at its peak.
Zhang Chaoyang is now the godfather of China's Internet industry and a top-notch figure, much more awesome than Pony Ma.
NetEase initially made its mark with email, transformed into a portal website three years ago, and was listed on NASDAQ last year.
Less than a year after its establishment, China.com was also listed on NASDAQ.
Google is still a younger brother in the world, while Yahoo is the king of the Internet and is at its peak.
It can be said that portal websites are absolutely the trend. Even Li’s Chengdu rushed towards this trend and established TOM.
"You think the failure of your business is simply because the local government reneged on the conditions it promised you, canceling some of the entrances that were originally promised to you, such as education exams, traffic driver's licenses, medical registrations, etc."
"Those functional entrances were never given to you. It's just that your partners have some background and think they can get them, so they are making crazy promises."
Xia Xi said: "Tell me something I don't know."
Lin Xiao said: "But these are not the reasons for your failure. There is only one reason for your failure!"
"Portal, no future!"
"Don't say that the local portals you are planning to build have no future. Even those portals that are currently in their heyday, such as Sohu, Sina, NetEase, etc., have no future if they don't transform."
“Even Yahoo, which is like a pillar supporting the sky, has no future!”
Lin Xiao's words were truly eye-opening and sensational.
Xia Xi held the coffee and slowly sat up.
“Now is the era of Internet 1.0. Whoever controls the portal controls the world.”
"Internet users passively access website content and cannot participate. But how much content can the website's editors produce? Can they really satisfy the appetites of a large number of Internet users? No!"
“So, we will enter the era of Internet 2.0.”
"The so-called 2.0 means that a large number of netizens will participate in content creation, and the Internet will experience a real content explosion."
"Moreover, various types of websites will become more vertical and specialized. For example, those that provide video services will specialize in videos. Those that make games will specialize in games. Those that provide opinions will specialize in providing opinions."
"Portal websites are large but not specialized. They still have the typical thinking of the print media era, not the real Internet thinking. If they don't fail, then who will?"
"In the first generation of the Internet, whoever controls the gateway controls the world."
“The second generation of the Internet is dominated by vertical professionals.”
“In the 2.5th generation of the Internet, platforms are king.”
Listening to Lin Xiao's outlook on the future of the Internet, Xia Xi was slightly moved and asked, "Among all the tracks, which one do you think is the most promising? Games, videos, e-commerce, etc."
Lin Xiao said: "Socialization! Because socialization gives rise to everything."
The two were silent for a moment. Xia Xi seemed to be used to listening and didn't want to speak.
After a long while, she raised her head and said, "This morning, you said you wanted to help me make a comeback?"
Lin Xiao said: "Yes."
Xia Xi said: "Why? We have never known each other."
"Uh..." Lin Xiao.
Xia Xi asked: "Is the reason unspeakable?"
Lin Xiao said: "Yes."
If it were an ordinary person, they would probably just leave. But Xia Xi was born as a genius girl, and her thinking was very simple in some aspects, so she thought this reason made sense.
Xia Xi asked: "If you were given a chance to start a business, what would you choose to do?"
What should we do in this turbulent and wild era of the Internet?
Lin Xiao picked up the coffee and took a sip, then sat up straight and said seriously, "Doing... pornographic... things."
Suddenly, Xia Xi almost spit out a mouthful of coffee.
You spoke in a grand and heroic manner, pointing out the world and rebuking Fang Qiu, but when it comes to practice, it turns out to be yellow.
Lin Xiao said: "What can I do if I don't do anything? I only have 200,000 yuan on hand, and I have no background at all. You have a background, how much money do you have?"
Xia Xi said: "I am heavily in debt. I lost all the money I earned before. Now those people avoid me when they see me. I don't have any connections or background anymore."
Lin Xiao said: "The newspaper said that you lost tens of millions. Is that true?"
"Fake." Xia Xi said, "I only lost a few million, and a lot of it is investors' money. They all came here because of my previous halo of a genius girl. Now that the halo is shattered, they avoid me like a scorpion."
More than that?
This year is also the era when the first generation of Internet bubble burst, and it is really a panic-stricken time.
After the Nasdaq index peaked last year, it began to fall. Every day, countless websites are shut down, and even those that are still alive cannot see a profit direction.
Those websites that seem to be doing well have never actually made any profit. Once they burn through the investors’ money, they will go bankrupt.
This was the first cold winter of the Internet.
Lin Xiao said: "We don't have big capital and a big background, so we shouldn't play those grand narratives. You used the name of a genius girl, lost all your savings, and burned millions of investors, but what's the result? Your so-called portal website has disappeared without even a little ripple."
"We are humble ants with only a few hundred thousand dollars on hand. We don't have investors' money to burn, so the projects we do must be down-to-earth and profitable."
"We can't afford to take risks. We want to choose projects that are almost certain to make a profit."
Profit?! Such an unfamiliar word.
Is the Internet still profitable now? Isn’t it all about telling stories, collecting investors’ money, and grabbing land?
Today, the vast majority of Internet companies have never made a profit, and many have never even seen any money coming in.
And Lin Xiao actually said that he wanted to rush into the Internet with a capital of hundreds of thousands and then make a profit?
Isn't that a bit far-fetched? "Tell me what you think," Xia Xi said.
………………
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(End of this chapter)
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