The first half of the year was busy, but things suddenly slowed down around mid-year.

Since June.

Apart from holding a forum in Pengcheng, briefly discussing his outlook on the domestic and international environment, and boosting the confidence of mainland internet entrepreneurs and investors, Su Yehao had basically been idle.

Even for this forum, he only showed up to read a speech, announcing that he would invest one billion RMB within the next three years to support some promising startups. He didn't need to spend too much effort on other aspects.

Su Yehao didn't take it too seriously, but others didn't dare to let their guard down.

After the forum.

Some people carefully pondered and summarized the meaning behind his words, which boiled down to one sentence: Silicon Valley collapsed because of its inflated bubble, what does that have to do with the mainland internet market?

If you think about it carefully, you'll realize that's indeed the case.

The mainland's network communication market has only just begun to develop, and there are only a few listed companies.

Even if you take out companies like tAt and tot, their total valuation isn't even a fraction of Yanwenzi Group's, let alone compared to multinational giants like Yahoo and Microsoft. The gap is too vast.

It was just a small puddle anyway, so even if a tornado hit, how big of a wave could it make?

With the authorization of Su Yehao's people, the media wrote several excellent articles from the perspective of the fund withdrawing from Silicon Valley and transferring to the mainland, as well as how a major reshuffle of the market could make it easier to seize investment opportunities.

More and more people realized that there seemed to be no need to worry, and the market's impetuous and panicked emotions were greatly reduced.

A group of interested individuals were already considering the right time to take action, follow Su Yehao's moves, and try to acquire some high-quality assets.

If Su Yehao was just talking, they might not take it seriously.

But since he dared to publicly state that he would invest one billion RMB to support the industry's development, this so-called "support" was naturally regarded as a signal to buy at the bottom.

It can be said.

The successful holding of the forum gave many people a sense of reassurance.

The voices from the outside world that were badmouthing the domestic internet market, claiming that investment in communication infrastructure was a waste of money, also dropped sharply.

Since the first Pengcheng Internet Forum was successfully held, everyone continued to start businesses and work as employees, and the market order was barely pulled back onto the right track by Su Yehao...

His involvement caused some people to have a headache.

On June 22nd, Sun Zhengyi, CEO of Japan's SoftBank Group, came to the mainland again for inspection. On the way from the airport in Shanghai to the city, he invited several venture capital managers under SoftBank to dinner.

During the meal.

Sun Zhengyi took a sip of wine, eating while asking:

"I remember there was a company called Yi Net last time, the boss was a bit chubby, why haven't I heard any news about it?"

The executive on the opposite side felt like he had a fishbone stuck in his throat after hearing this. He put down his chopsticks respectfully, lowered his head, and reported:

"Before, we had already entered the stage of communicating the financing amount, and the other party's attitude has always been very good..."

"And then?"

"That Mr. Su from Hong Kong held a forum in Pengcheng. Later, those entrepreneurs changed their attitudes. The shareholders of Yi Net Company hoped to reduce the financing share to less than 20%. Su Yehao's SSSSS Asset Management Company publicly announced that it would invest one billion RMB to support a batch of start-up companies. This may involve support from the authorities. After all, this 5S Asset Management Company is relatively special, and it just became a shareholder of the Hong Kong Stock Exchange yesterday."

Hearing the other party making excuses, Sun Zhengyi impatiently asked:

"I've already personally negotiated, and you still managed to lose the project? Why didn't you sign the contract in time? I was here last time in May, right? What have you been doing during this time?"

"...At that time, Nasdaq kept falling, and I thought waiting a little longer would save the president some money. I was wrong!"

The Japanese employee who replied knew he was in the wrong, so he immediately got up, went around the chair, knelt in front of Sun Zhengyi with his hands on the ground, and his forehead was already touching the carpet.

This startled the waiter who came to deliver the food.

The cultures on both sides are different. In the traditional customs of China, kneeling is a grand gesture.

The waiter thought that he hadn't even used such a standard posture when worshiping his ancestors, and couldn't help but glance a few more times, not minding the excitement.

Sitting upright in the chair, Sun Zhengyi frowned and said:

"Get up! Now is not the time for you to apologize. Pay attention to the occasion when doing things. Next time I tell you to do something, just be responsible for doing it well, don't act without authorization. I heard that the African network communication market is also developing. If you delay the interests of the company's investors again, then you can go to Africa to open up new markets."

The person kneeling immediately got up and stood there motionless with his head lowered after hearing this.

Last month.

Sun Zhengyi met Ding Sanshi, who was making a portal website, and the two hit it off immediately. They agreed to a deal of raising four million US dollars to take a 40% stake in Yi Net.

In return, Ding Sanshi promised to use Sun Zhengyi's financing to double the number of Yi Net Company's users within one year, based on the current number.

If the goal is not achieved by then, SoftBank will have to be given an additional 10% of Yi Net's shares, which is equivalent to an investment agreement with a gambling nature.

Considering the increase in the number of Internet users in the mainland, it is relatively easy to achieve the betting agreement between the two parties.

Long before Su Yehao rose to prominence, Ding Sanshi had already started his business, so he was not fanned away by the butterfly wings. He mainly did online forum business before.

In order to avoid being poked in the spine and attacked for eating alone, Su Yehao deliberately let go of some small fish.

Yi Net is one of them. He had already seen the relevant information as early as 1998, and turned a blind eye to the opportunity to finance Yi Net.

Later, with the rise of the portal website concept.

Ding Sanshi also tried to develop in this direction, and once again seized an opportunity with the user base accumulated from the online forum.

Yi Net's current scale is far smaller than it was in the same period in its previous life.

However, its performance among the second-tier Internet companies in the mainland is remarkable, so it successfully entered Sun Zhengyi's vision.

The reason why Sun Zhengyi is optimistic about it is that he hopes to use Yi Net's users to develop Yahoo China Station as soon as possible, and take the opportunity to put some pressure on Su Yehao.

This person is quite ambitious.

He has never met Su Yehao in person, but there are many conflicts of interest between them.

For example, the rise of Google has damaged the interests of Yahoo; for example, he has plans in the mainland market, and the two often run into each other when selecting venture capital projects.

Originally, financing Yi Net was a sure thing, but now the project in hand has actually failed, which will directly affect the short-term development of Yahoo China Station. This is the root cause of Sun Zhengyi's anger.

In fact, given the market environment last month, it was not wrong to ignore Ding Sanshi for a while.

At that time, a large number of entrepreneurs lined up to seek investment from Sun Zhengyi.

Each person only got a five-minute meeting opportunity. Even with such cruelty, it still attracted countless entrepreneurs to flock to it, trying to meet Sun Zhengyi.

Recently.

Nasdaq has begun to pick up, and its strong performance has restored market confidence, while also attracting funds to re-enter the market, creating a small bull market.

Ding Sanshi of Yi Net keenly realized that the wind had changed again, so he was not very willing to continue to implement the previous financing plan.

This seems to have little to do with Su Yehao, but there are also inextricable connections.

At least he has tried to do something practical in helping the mainland's Internet industry, which is very valuable.

As long as he helps mainland Internet companies obtain financing opportunities from other places, he can effectively avoid the plunder of cheap assets by foreign capital.

The newly established SSSSS Asset Management Company is preparing to launch a private equity product focusing on the mainland Internet industry, planning to raise 2 billion RMB from the mainland.

When the funds are in place, this money will also be invested in the domestic Internet industry, and Su Yehao will be personally responsible for managing it...