Who would still start a business seriously after being reborn?

Chapter 444 Why use a sledgehammer to crack a nut?

Now, all that's left for Tencent to do is complete its valuation.

Once the valuation is finalized and the first investment is secured, they will be able to upgrade their equipment.

Let alone the internet cafe fees, we could easily build an internet cafe right outside every university in the country.

Most importantly, if they can destroy Momo and Renren, they can truly open up the channels.

The development of Momo Internet Cafes and Momo Computer Labs has seriously affected the normal operation of their QQ accounts.

Since the launch of Momo Internet Cafe and Momo Computer Room services, their daily active user growth rate has completely stalled.

In order to help Tencent withstand the pressure from Momo and Renren, Shengda also began to work intensively to value QQ Campus Network. They invited several investment banks and asset appraisal companies to calculate the valuation of QQ Campus Network based on Tencent's advantages.

The valuation was completed in less than a week.

QQ Campus Network is valued at 37.4 billion yuan.

As soon as the valuation was announced, Shengda Group couldn't wait to lead the investment. Since they already held 21% of the shares, Tencent, for the sake of controlling the company, only gave Shengda Group 19% of the shares.

Shengda Group paid a total of 5.3 million yuan for these 19% of shares.

Anyone with eyes to see knows that Shengda Group is simply using Tencent to suppress Momo and Xiaonei.com.

After all, Shengda Group's cash flow is so impressive that it can invest recklessly.

Shengda's board members all supported the lead investment by Tencent, as they were also optimistic about Tencent's future.

QQ has a very solid user base, unlike Momo.

Momo software operates through internal channels and has not been tested by the market, while QQ software is completely market-driven, and users download QQ software because they like it.

It can be said that the success of Momo was simply due to Momo internet cafes, while the success of QQ was truly because the software was user-friendly enough.

Tencent was overjoyed to receive this 5.3 million investment.

The more than 200 million yuan that Shengda had previously helped them stabilize the market did not reach them. So only Shengda knows whether it was a lot or a little. This is one of the reasons why Tencent refused to let Shengda continue to help stabilize the market.

But now things are different. They have more than 500 million yuan more in their accounts. In terms of cash flow, they completely crush Momo Xiaonei.com, which is already in debt.

At this moment, everyone's attention was focused on Momo Campus Network.

Given the current situation, if Momo Campus Network doesn't call for help from the Momo Group, their massive business will truly become a thing of the past.

"I estimate that if Momo Group invests in Xiaonei.com, it will definitely take back the campus computer labs."

"Even if Momo Group intervenes to save the market, it will probably be too late."

"Our top priority now is to stabilize the price of Q coins as soon as possible, and then continue to intensify the pressure on Momo and Xiaonei.com, blocking all their profit points."

Inside the executive meeting room of Shengda Group, Ma Huateng and others were all present, discussing how to deliver the final blow to Momo Xiaonei.com.

Momo Campus Network's business within universities has been almost completely replaced by QQ Campus Network. Now, Momo Campus Network's only profit point is merchants outside universities and its own stores.

The person in charge of dealing with this line of work is Ma Yun, the chairman of Alibaba Group, who has remained silent all along.

During this period, Ma Yun remained on the sidelines, observing the conflict from the sidelines, and did not make any moves according to Shengda's plan.

He focused all his energy on developing online payment tools, and he took a very relaxed view of the competition between Shengda and Momo.

He'll play with whoever wins, whether it's Shengda or Momo.

To pledge loyalty at this time would be a sign of a lapse in judgment, wouldn't it?
Ma Yun came here with the mindset of not offending either side; he would comply with whatever others asked of him, as long as the matter was handled on a delayed basis.

“Mr. Ma, we still need your help with the off-campus business section of Momo Campus Network.” At this moment, Chen Tianqiao looked at Ma Yun, who had been silent all along.

“Okay, no problem.” Ma Yun agreed readily.

Hearing Ma Yun agree so readily, Chen Tianqiao's face showed displeasure.

This guy just promises but doesn't deliver.

Chen Tianqiao asked, "When do you plan to make your move?"

Ma Yun said, "My online payment tool will soon enter the testing phase. At the latest by the end of May, we will give Momo Campus Online a lesson."

"May?" Chen Tianqiao laughed. "Okay, then we'll see how you perform."

It's already early May. If Ma Yun launches her attack on Momo Xiaonei as promised, Momo Xiaonei will be finished.

After all, Momo's campus network lacks sufficient resources and is not a wholly-owned subsidiary of Momo Group, so it cannot withstand their combined attack.

In the past two or three months, they have spent nearly a billion yuan on this matter, and have also wasted a lot of time and effort.

Seeing that the matter was basically resolved, Chen Tianqiao smiled and said, "Then let's all take our positions. I'll go and talk to Cheng Yi again. If Cheng Yi still has the same attitude, then we'll completely destroy Momo Campus Network."

There are countless ways for capital to destroy a company.

The most effective way is to create a clone of a company with the same business and use its strong financial advantage to gradually eat away at the target company's business.

After nearly three months of planning, the harvest season has finally arrived.

After seeing everyone off, Chen Tianqiao personally called Cheng Yi.

Last year, he would have looked down on Cheng Yi, but things are different now. Cheng Yi's status has risen significantly, and his position in the internet industry is no less than that of people like Ma Huateng.

"President Chen? What brings you to call me?" Cheng Yi adopted a very humble attitude.

"I want to give you one last chance." Chen Tianqiao's tone carried a hint of barely suppressed pride. He had been trying his best to control his emotions, but now that victory was within his grasp and a resounding triumph was imminent, it was too difficult for him to maintain his composure.

He is not a saint; he also has emotions and desires.

Most importantly, Cheng Yi's actions are infuriating.

Now that he finally had a chance to tease Cheng Yi, he found it hard to control his excitement.

"Opportunity? What do you mean by that?" Cheng Yi asked curiously. "What opportunity? I don't understand."

"Are you genuinely ignorant or just pretending?" Chen Tianqiao said, "Your Momo Xiaonei.com only has a 31% market share right now, with a large number of users leaving and daily active users dropping again and again. Are you trying to say that you still have a way to revive Xiaonei.com?" "If we try to revive it by force, I'm afraid it's beyond saving." Cheng Yi sighed and said, "Shengda has brought so many internet companies to attack me. Let alone me, even the Momo Group would probably have a hard time withstanding it."

"If you understand this, then you're not beyond redemption." Chen Tianqiao was very satisfied with Cheng Yi's answer and said, "I have to say, although you are a bastard, you are also a bastard who knows how to seize opportunities and manipulate people's hearts. You used our Legend to promote Momo Group, and then used Momo Group to help you create this Renren.com. Your method of getting something for nothing is truly masterful."

"Mr. Chen, did you call me just to yell at me?" Cheng Yi's tone was rather unfriendly.

"Insulting you?" Chen Tianqiao snorted and said, "I'm praising you and giving you a chance."

Chen Tianqiao immediately said, "We've been attacking you for three months, and Momo Group hasn't made a move. This means that Momo Group's higher-ups also have some issues with your Renren.com. Am I right?"

"I guessed wrong," Cheng Yi replied.

"Hmph." Chen Tianqiao snorted coldly and said, "If they have no problem with you, why haven't they allocated funds to you? According to my investigation, these computer labs originally belonged to Momo Group, but after you established Xiaonei.com, you took over these computer labs through capital operations. But this has also burdened you with a considerable debt. Am I right?"

"That's right," Cheng Yi admitted.

Chen Tianqiao continued, "It's good that you've admitted it, then we can have a proper talk."

Chen Tianqiao cut to the chase, saying, "You should be very clear about the current situation. QQ Campus Network has already gained momentum. Even if Momo Group allocates funds to you, it will be very difficult for you to regain the market. Moreover, once Momo Group allocates funds to you, it will inevitably take a share of your company. Your Momo Campus Network has not been valued. The specific shareholding of Momo Group is entirely determined by them, and as the recipient of the investment, you can only passively accept it."

“I have carefully calculated the equity structure and asset situation of your Momo Xiaonei.com. Your Xiaonei.com originally had a debt of 5.9 million yuan, and now it has a debt of 1.7 million yuan.” Chen Tianqiao said this with some heartache.

The reason why Momo's debt has decreased so much is because of his help.

Chen Tianqiao paused for a moment and said, "Your fixed assets are these university computer labs. My condition is very simple: you sell me the university computer labs and Momo Campus Network. You name the price, and as long as the price is right, I won't haggle with you."

Chen Tianqiao's tone was quite arrogant.

He carefully calculated the price of computers in Momo's computer lab. According to the current market price, each computer in Momo's computer lab only costs about 1,000 yuan on average.

In other words, even if you buy the entire campus network along with the computer labs, it would only cost a maximum of 500 million yuan.

Cheng Yi said, "President Chen, isn't it a bit impolite of you to suddenly call and ask to acquire me?"

"Politeness? Can't you see the situation clearly?" Chen Tianqiao said in a deep voice, "If you continue to fight, you will have nothing left! Your computer room has no profit point at all. Not only that, you also have to pay high electricity and management fees."

"It's you guys who can't see the bigger picture," Cheng Yi laughed. "Do you know why Momo Group hasn't given us any funding?"

"?" Chen Tianqiao was taken aback.

Cheng Yi said, word by word, "Because we don't need to invest. Do we need to use a sledgehammer to crack a nut?"

"You're about to die and you still don't realize it? Fine! Then I'll wait until you're completely bankrupt before we talk about the transfer of the computer room," Chen Tianqiao said in a deep voice.

Cheng Yi didn't listen to what Chen Tianqiao was saying and hung up the phone immediately.

This guy is so immature, he's not even as mature as a 20-year-old.

Even if the computer room were to be sold, it would be to Momo Group, not Shengda.
As this thought came to mind, Cheng Yi suddenly realized what was happening.

Perhaps Chen Tianqiao's phone call wasn't about acquiring him at all, but rather a way to humiliate him.

If that's the case, then this guy is even more immature.

How can you fight business competition out of spite?

Just like the famous saying goes: as long as you don't kill me, and as long as the price is right, we can still continue trading.

Without this mindset, it's almost impossible to reach a higher level in entrepreneurship.

The biggest difference between ordinary people and entrepreneurs is that ordinary people are more likely to hold grudges.

Even the smallest things can throw an ordinary person's mind into disarray.

"This guy really won't admit defeat until he sees the coffin." Chen Tianqiao was a little annoyed that the scene he was looking forward to didn't happen.

He originally intended to offer a high price to tease Cheng Yi, but Cheng Yi didn't follow their script at all.

He knew that Cheng Yi would never sell the computer room to them, so he planned to offer an exorbitant price. If Cheng Yi agreed to the price, it would mean betraying Momo Group. If Cheng Yi refused the price, then the exorbitant price would be a thorn in Cheng Yi's side.

Cheng Yi feels pain whenever he thinks about this huge price difference.

Cheng Yi's response was, "Why use a sledgehammer to crack a nut?"

Given that things have come to this point, where does Cheng Yi get his confidence from?

Chen Tianqiao racked his brains, carefully reviewing the events of the past few months. He was 100% certain that there were no loopholes in the whole affair.

Cheng Yi has absolutely no chance of making a comeback.

His biggest advantage is simply disrupting the price of QQ coins to force Tencent to negotiate.

"What exactly is this kid up to?" Chen Tianqiao couldn't figure it out.

He's the kind of person who easily gets stuck on things; if he can't figure out a problem, he always feels uneasy about it.

Now that things have come to this, this kid shouldn't be bluffing.

After all, bluffing at this point would only make Cheng Yi a laughing stock in everyone's eyes.

Just as Chen Tianqiao was carefully going through all the steps, his phone rang.

The call was from Zhou Haibin.

As soon as Chen Tianqiao answered the phone, Zhou Haibin said urgently, "President Chen, please check the announcement on the official website of the National Education Industry Association!"

"National Education Industry Association?" Chen Tianqiao was completely confused.

They're game developers, and they've never really had much to do with the National Education Industry Association.

However, even the usually composed Zhou Haibin was so anxious that Chen Tianqiao didn't dare to delay. He immediately turned on his computer and logged into the official website of the National Education Industry Association.

He opened the latest announcement, glanced at it, and felt his head explode.

In accordance with the requirements of the "Notice of the National Education Industry Association on Preventing Internet Addiction among College Students" (Jiaohan [2003] No. 26), and based on the recommendations of provincial education industry departments, the National Education Industry Guidance Committee, and the National Higher Education Teaching Guidance Committee, and after expert discussions and consultations, and adhering to the concept of healthy internet use, it has been decided that, effective immediately, the dormitory networks of 1225 universities nationwide will be discontinued, and universities will centrally provide controllable internet surfing services.

(End of this chapter)