308: Invest! Let's make a short-term arbitrage!
Over at Sequoia Capital.
Neil Shen had also been looking for profitable projects recently.
Many project lists were laid out on his desk.
Such as JD Finance, Zai Lab, New Pictures Media, Shulian Med-Info, Lechebang, and so on.
These projects covered various financing stages from seed rounds to post-IPO.
Furthermore, the project categories were diverse, ranging from the big finance sector and medicine to consumption and frontier technology.
It could be said that Neil Shen actually had a tough time, as he had to learn all kinds of knowledge every day.
Today, after finishing reviewing several projects, Neil Shen set down his glasses, leaned back in his executive chair, and closed his eyes to rest.
But it wasn't exactly resting; his mind was still pondering which project would be more suitable to invest in now and which would have a better future.
Just then, his phone rang.
Seeing the caller ID for the CEO of Kuaishou, he answered and asked, "Is there something I can help you with, President Cheng?"
Cheng Xiao got straight to the point: "President Shen, have you seen what's happening over at TikTok today?"
TikTok?!
Neil Shen was taken aback. He knew this was a ByteDance Company project that seemed to have just launched recently.
He had looked into it deeply before. Although this thing was also short-form video like Kuaishou, the audiences for the two were different. Moreover, the other party was currently just a small seedling; it shouldn't be worth Cheng Xiao's serious attention, right?
Neil Shen shook his head and said, "I've been busy with projects these past two days and haven't paid special attention, but shouldn't that project have only just gone online?"
Cheng Xiao understood the implication, so he gave a bitter laugh and said, "Yeah, that's what I thought originally, and TikTok was within my expectations."
"But in the last two days, Brother Junlin gave TikTok a few ideas and even used his own Social Media Platform account to drive traffic. Now its momentum is extremely fierce; I've even started to feel a threat!"
Upon hearing Brother Junlin's name, Neil Shen wasn't that surprised anymore.
With Brother Junlin there, it was only a matter of time before TikTok grew up.
But he still wanted to hear what kind of growth could make Cheng Xiao this afraid.
Next, Cheng Xiao told Neil Shen some of the internal data they had collected.
These words immediately rendered Neil Shen silent.
Holy crap.
Is Brother Junlin really this ruthless?
So, was he making this call because he wanted him to go to war with Brother Junlin?
This time it was Cheng Xiao's turn to laugh bitterly: "Even if I had a hundred times the courage, I wouldn't dare go head-to-head with Brother Junlin. If it were just Zhang Yiming, it would be simple, and I wouldn't need to come looking for you, President Shen!! My point is, could you introduce me to Brother Junlin? I know he invested in ByteDance Company, so he certainly won't stop promoting them."
"So, could you have him take a look at our Kuaishou as well? After all, we've already begun commercial exploration; let's see if he has any thoughts?!"
Hearing this, Neil Shen finally breathed a sigh of relief.
Currently, Brother Junlin Wang Lin's momentum was extremely fierce. After his company went public, he displayed an unmatched power.
Not to mention, even before Brother Junlin's company went public, he was no match for the man.
At this stage, he absolutely did not want to run into Brother Junlin.
But if it was just an introduction, then there was no problem: "A small matter. I also want to see if Brother Junlin is interested in your project!!"
...Writing the rest tomorrow, this chapter ends here.
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