When the plane landed, the snow had stopped.

The climate in Beijing is dry, and the snow particles on the fields next to the road are whirling everywhere, sometimes blocking the view ahead. The car drove slowly and steadily on the road outside Beijing.

In the summer of 1996, Ma Xiangdong, wearing jeans and T-shirts, was not much different from Tsinghua students who were about to graduate: they were ambitious and had many ideas, and were worried about choosing between finding a job or going abroad. They had no girlfriend, and when their career was not achieved, they did not have the heart to find a girlfriend. In the summer two years ago, even if Ma Xiangdong had great ambitions, he would not think that his ideal would be realized within more than two years.

At the first node of life planning, you have to be the CEO of a well-known company a few years in advance. No matter what, it is considered a success in life.

"Okay, I admit that these are the goals I set for thirty years old. What's wrong with achieving them in advance?" Ma Xiangdong said in the carriage of a luxury car, his tone rising a little uncontrollably. "I still find it strange. You know, in fact, Kumho can insist on not being diluted in Quantum..."

"You also know that the purpose of establishing the Oak Garden Venture Capital Fund was to promote and support the incubation and growth of new technology companies," Zhang Ke explained. "Even if you talk about investment, you feel it is too much, and you can't have any speculation thoughts..." As he said this, Zhang Ke himself felt a little funny, with a slight smile on his lips. In Ma Xiangdong, Zhao Zilin seemed somewhat unfathomable.

"The halo of high technology and the Internet economy covers the entire North America and Europe, and the entire market has good expectations for the prospects of new technologies... However, at this time, new technologies need to maintain long-term prosperity and a deeper foundation." Zhao Zilin commented objectively, and she did not agree with continuing to invest too much capital in the Internet industry.

Zhao Zilin and her team are in charge of the Oak Garden Venture Capital Fund with a total amount of 500 million yuan for Kumho, focusing on supporting the growth of small and medium-sized high-tech enterprises. In the past two years, the Internet has definitely been the most important branch of the new technology concept. Domestic venture capital is still very weak. Oak Garden entrepreneurship must be considered a powerful one. Foreign venture capital continues to flock to the domestic Internet industry, and Oak Garden Venture Capital is more inclined to support technology companies with basic technology.

However, Oak Garden Venture Capital's holdings in Quantung Online may be said to have seized the largest piece of cake in the domestic Internet industry. In addition to the 25 million initial fund invested by Oak Garden Venture Capital, Quantung Online raised two financings from nearly ten venture capital funds under the famous venture capital Warden Group at an average price of US$1.6 per share last winter and this summer, selling nearly 12 million preferred shares in total and obtaining nearly 20 million US dollars in funds. The price of Kumho holding Quantung Online's shares is even less than RMB 2 per share. Even if it is not listed, it will sell all the shares held by Kumho, which can already make a huge profit of six or seven times, but Zhang Ke will not only have this ambition.

Although the profit model and expectations of the portal website are not very ideal, before the bursting of the first new technology bubble, the concept of the portal website was sought after by most investment institutions. At least before 1999, it unswervingly developed the portal network and made large investments in funds. At this time, Quantum Online had already formed the scale of four places and four stations in mainland China, Hong Kong, Taiwan, and North America. It is well deserved to be the world's number one Chinese portal website.

"In order to make Quanteng the first Chinese Internet company to go public overseas, we have formulated a timetable for listing before next summer. Tomorrow's meeting will be discussed around this timetable..." Ma Xiangdong said excitedly to Zhang Ke, "Young Master Ke should meet Zeng Zihui of Goldman Sachs. I think you two will have more common languages, and Zeng Zihui himself is also extremely looking forward to meeting you..."

So far, no Chinese Internet company has been listed overseas. It has a halo of "the first Chinese Internet company to be listed overseas". For investment or speculative institutions, it is extremely important to attract the attention of the public and investors. It means that it has a higher stock price to list.

Quantum Online has initially selected a cooperation with Goldman Sachs to conduct overseas listing operations. Zeng Zihui is the vice president of Goldman Sachs Asia. He just turned 30 this year and can definitely be regarded as a successful young person.

Of course, in order to cooperate with Goldman Sachs, in addition to choosing Goldman Sachs as the lead underwriter for overseas listing, Quantum Online also needs to conduct a third larger-scale financing from its venture capital fund under Goldman Sachs. At this time, negotiations with Goldman Sachs on the financing price seem more important than setting a timetable.

Listening to Ma Xiangdong's message that Zeng Zihui had the intention to meet him, Zhang Ke agreed without hesitation: "Okay, please arrange it for me. It's okay to meet him before I leave Beijing."

Although it is more important to go public in the summer of 1999, Zhang Ke did not want to cause others to show that he did not pay attention to prices. In fact, the overall fanaticism of stocks after listing relies on the concept of Internet, hundreds or even thousands of times, and tens of thousands of times of market profits are not a myth. At this time, even if you give away millions of Goldman Sachs for free, it will not have much impact on the returns of Kumho. However, most of the things you give to others for free will not be cherished by others. At least it is better to negotiate at least, or if you can meet each other and cherish each other, it can speed up the negotiation process.

Zhang Ke didn't think it was surprising when he saw Ma Xiangdong's excitement.

In the Internet industry, most of them are young people like Ma Xiangdong, and it is not difficult to imagine their enthusiasm for the Internet industry in their circle. Not to mention Beijing, just in Jianye, more and more people believe that having the Internet is almost the same as having everything.

Since the spring of 1994, the domestic government has carried out large-scale infrastructure construction on the Internet. Local information ports have penetrated into almost every county-level city. The perfect infrastructure provides a platform for Internet content service providers to implement. According to the latest statistics, as of mid-December, domestic Internet users have risen to 2.2 million. In addition to emails, BBS and news have become the new core of the Internet, attracting more and more capital attention. For example, the story of how Ma Xiangdong obtained the first venture capital to establish Quantum Online has also become the main topic of discussion for people after dinner. At this time, the media and the public would rather believe that if you have a perfect business plan, it will be enough to obtain thousands of US dollars from investors. Website creation people are all thinking about it in order to win the favor of capital. In order to win the favor of capital, they are all day long.

How does the planning attract more attention and how to occupy the important positions of major media every day? At this time, new websites are born every day, and Internet companies always hold endless press conferences. Beijing also takes the lead in the development of domestic high-tech industries with the Internet industry. Oak Park Venture Capital Fund rarely involves investment in Internet companies outside Quantum Online. In the eyes of many people, it is difficult to ideal. Zhang Ke sighed in his heart. No matter how capable Jinhu has, he cannot support two "first Chinese portals" at the same time. I still don’t know how many ambitions will be hit by the blow when the technology stock bubble bursts and the new economic cold wave suddenly hits, and I don’t know how many people will struggle to survive in the cold wave and grow into real Internet heroes.

At this time, compared to its cooperation with Goldman Sachs, Zhang Ke was more worried about the Ministry of Information Industry's cautious support for Internet companies' overseas listing.

The car drove into the former family community of the Post and Telecommunications Department. From a distance, he saw his cousin Liang Wenjiang and Wang Cailing standing in the empty field in front of the building waiting for him. Next to them was a thin young man in his thirties looking towards the car. Zhang Ke asked the car to take him downstairs and got out of the car. Liang Wenjiang first introduced Wang Cailing's brother Wang Zhi. Zhang Ke shook hands with Wang Zhi and asked Liang Wenjiang: "I'm upstairs?"

It was still early to go to the hotel at this time. Although it was an engagement banquet, it was just a family banquet. Zhang Ke came on the trip and had a meal. Except for his uncle and aunt, his cousin Liang Wenshan and his wife did not come to Beijing. However, Wang Cailing's family attached more importance to it, and his elder brother Wang Zhi and his wife led their daughter back from Wenzhou in East Zhejiang.

Going upstairs, my uncle Liang Guosheng and Wang Cailing's father Wang Xuchen sat in the Japanese study to play chess. He greeted his aunt and Wang Cailing's mother and gave the gift. Zhang Ke stood by and watched the chess. Wang Zhi said next to him: "Listen to my dad and Wen Jiang that your chess is very good and it's still early to eat. Can you ask for a piece of advice?"

Zhang Ke didn't expect that the Wang family had prepared two chess pieces. I wonder if it was intentional. The left and right were bored, and said, "It's just right to pass the time." Wang Cailing ran to get the chess. Zhang Ke and Liang Wenjiang and the others went to the living room to sit down, playing chess and chat.

Wang Zhi is an ordinary civil servant in the Wenzhou Municipal Government in East Zhejiang. He studied in the university in East Zhejiang and met his current wife. After graduation, he stayed in East Zhejiang and worked in Wenzhou, Zhejiang and has never moved to this day. Wang Zhi heard many stories about the legendary Jinhu from his father and sister. When he really saw Zhang Ke, he saw that his performance was not much different from a college student who was a little silent, and he could not see any dazzling halo. If you want to talk about IQ, no one sitting in the living room would admit that IQ would be worse than others.

Perhaps Liang Wenjiang has a higher pure IQ. However, like his father, he is a technical talent. Although his father is a department-level cadre in the Ministry of Information Industry, he actually has no real power. Liang Wenjiang's status in Quanteng Online is not low, but he rarely cares about management matters. Wang Zhi was worried that he would force his family to work in technical work and decided to stay in Wenzhou when he returned to Beijing. However, his father could not do anything to do in Beijing, and his father-in-law had no background in Wenzhou, and his work was not particularly satisfactory.
Chapter completed!