Chapter 716(1/2)
"Because of Hainei.com."
Although Wang Xing tried his best to hide it, he could not hide the pride and smugness on his face. He had a huge sense of accomplishment.
He originally started his own business, Hainei.com, and he chose this name to benchmark it against Xiaonei.com, which means "we are all brothers in the four seas" and "there are close friends in the sea, and we are neighbors even as far as the end of the world."
The name is more grand than the school network.
The market positioning is the global Chinese community, especially the overseas student community.
But after two years of work, the scale of Hainei.com has been slow to increase, and a commercial model has been hard to find. He couldn't get financing, so he paid his employees' salaries out of his own pocket, and he couldn't do it anymore.
It can only be sold.
After Ziweixing acquired Hainei.com, it did not operate it well. Although it was not closed, it was not maintained, and it was in a state of limbo.
Because in Zhou Buqi's view, the positioning of Hainei.com was wrong from the beginning. If it is an enterprise-level website, it can connect China and foreign countries. But it is impossible to make a website based on ordinary people that connects China and foreign countries. Or just do it
Domestic market, or only focus on overseas markets, isolated like Douyin and TikTok.
No one can penetrate the wall.
But I didn't expect...
"Hainei.com? Isn't it closed?" Zhou Buqi was surprised.
Wang Xing smiled and said: "It doesn't matter, I just stopped updating. But after receiving the assignment of Plan A and Plan
There are more than 20,000 science and engineering students using it. So I found three technicians to re-maintain the Hainei.com and added a section to introduce the current status of the domestic Internet industry."
Zhou Buqi said excitedly: "Is the effect so obvious?"
Wang Xing shook his head, "I'm not a star. After screening and judging from the user's basic information, there are about 5,000 people who meet our standards. Some of them are students, and some have already entered the Silicon Valley. I sent out more than 1,000 invitations in total.
Got responses from 33 people.”
Zhou Buqi smiled and said: "It's already very good! How much did it cost?"
"No money spent."
"What?"
"When it comes to spending money, it is the cost of maintaining the domestic network."
"No, you recruit so many people back to China without spending any money?"
Zhou Buqi expressed disbelief.
Technical talents engaged in the Internet industry, even junior engineers, can receive options from the beginning of their employment. If they jump out of the contract, the options may be damaged.
If the company takes the initiative to lay off employees, it is a breach of contract by the company, and sufficient compensation must be made. If an employee voluntarily changes jobs and leaves, this is a breach of contract by the employee, and he or she will suffer losses in terms of options.
When companies deal with options for employees who change jobs, there are often five ways.
First, complete deprivation.
Second, repurchase based on net assets;
Third, repurchase according to the converted original capital contribution;
Fourth, repurchase according to fair market price (valuation);
Fifth, keep it.
From top to bottom, it becomes more and more beneficial to resigning employees.
For most IT companies, the processing methods are the first and the second, and there is not much difference between the two. Internet companies are asset-light, and the value of their assets is far lower than the market value.
Ziweixing is quite humane. It treats resigned employees in the third way and repurchases them according to the original investment ratio. In other words, the company spends how much money the employees spent to buy them back, and no one suffers a loss.
Even employees of large companies such as Microsoft, Google, and Amazon would find it difficult to implement the fourth or fifth plan for employees who breach the contract and jump out of the contract.
Therefore, this greatly increases the difficulty of poaching people in the IT industry.
The company that recruits employees must offer bargaining chips that are much higher than their own value, and there may even be a certain amount of severance compensation to make up for their losses.
Wang Xing smiled and said: "It really doesn't cost money. The ones I picked this time are mainly fresh graduates and people who have worked in small companies for less than a year and whose contracts in large companies are about to expire. There won't be anything
Barriers to job hopping.”
“What’s going on with small business?”
"If you work for a small company for less than a year, even if you can get options, it will be very small. Moreover, the competition in Silicon Valley is also fierce. Whether the small company can survive is still unknown. If the company dies, the options will be worthless. It is better to go back to China.
Join Ziweixing and you can get stable options.”
"Well, that makes sense!"
Zhou Buqi is very satisfied.
As expected, there is no real scholar despite his great reputation.
This work was done so carefully.
After this wave of operations, the initial cost of acquiring Hainei.com may be directly doubled and earned back.
Wang Xing said: "If possible, I hope to send a team to the United States to interview these people. In addition to the personnel interview, there is also the technical aspect. I only contacted these 33 people online, and a lot of the information may not be true.
We still need to conduct on-site inspections. If everything goes well, these people will be able to join the company in mid-July."
Zhou Buqi nodded, "Okay, you are the person in charge, you can arrange it. Well, it seems that Zhang Yiming and Wang Jian are going to Silicon Valley to inspect Amazon Cloud. If you are interested, you can also go and have a look."
"Dr. Wang Jian?" Wang Xing was a little surprised, "He agreed to change jobs?"
"Not yet, but it will be soon. When the A round is completed and the news is released, it will be time for him to join Ziweixing."
"oh?"
"When Alibaba participates in Ziweixing's Series A round and the two parties reach an in-depth strategic cooperation, he will give up."
…
Ziweixing wants to build a headquarters campus in the capital, but it has no money.
The only option is to go to the government for help.
Sohu just bought a piece of land at a very low price and enjoyed a big discount. Zhou Buqi went upstairs and planned to ask Lao Zhang for advice.
But he found that Lao Zhang was not in his mind.
"Oh, the Love Saint is here!"
Seeing Zhou Buqi, Zhang Chaoyang's eyes lit up, as if he had seen the savior.
Zhou Buqi looked puzzled, "What happened?"
Zhang Chaoyang said: "You have a great way of chasing girls. Come and tell me."
Zhou Buqi was angry and funny, "Who are you going to bring trouble to again? Which female star?"
"Not a female star."
"Female host?"
"No."
"Changed the taste?"
Zhang Chaoyang waved his hand and said, "Stop talking nonsense and get serious. Please give me some advice on this matter."
Zhou Buqi shook his head and said: "When you chase a girl, of course you have to be sincere. With strong true love, the iceberg can melt."
Zhang Chaoyang said angrily: "Don't feed me poisonous chicken soup. It's like this. I have an employee who is not too high-ranking. Some time ago, he brought his girlfriend to Sohu's internal party. That girl... is more beautiful than a celebrity.
, has temperament and style, just like a girl from the Republic of China."
"Holy shit!" Zhou Buqi's eyes widened in disbelief, "Old Zhang, Old Zhang, is this over? You even snatched the girlfriends of your employees?"
Zhang Chaoyang hummed: "What do you know? I've already talked to him about fair competition. Let the girls choose. Follow whoever you like. Don't be sneaky."
"Oh...then you failed?"
"I asked them out for dinner that day, and the girl said that she believed in pure love. They were each other's first love and would go on forever."
Zhou Buqi breathed a sigh of relief, "Isn't that great? Why tear them apart?"
Zhang Chaoyang snorted disdainfully, "If it's true love, how can I break it up?"
Zhou Buqi said angrily: "Stop talking nonsense to me about bullshit love! You are a big boss and a rich man. If you make a move, which girl can refuse? First love is useless!"
Zhang Chaoyang looked at him with contempt, "You are so low! What I pursue is feelings and the spiritual world. Even if it is a female star, I don't have to spend money on it. I don't have any money!"
Zhou Buqi is too lazy to pay attention to him, and still has feelings for him... You are over fifty, and you still want to develop a relationship with this little girl? Are you too narcissistic?
Seeing that he didn't want to say anything, Zhang Chaoyang sighed, "Forget it, I'll think of something else. What's the matter with you coming up this time?"
"I want to ask you about building a building."
"Um?"
"The total investment in the branch park is already 1 billion. In the capital's headquarters park, the investment is low, and the government leaders are not happy. But funding is a big problem."
"Aren't you raising money?"
"That's for business development. I want to do cloud computing. Even US$1.5 billion may not be enough. How can I have the money to build a building?"
To be continued...