Chapter 118 Su Mingzhe Shows Off His Skills (33)

After work, Lin Yuanxing turned down several social engagements and asked the driver to take him home.

After dinner, the father and son came and sat down in the study.

Lin Yuanxing felt very relieved when he saw his son who was taller than himself.

"Tell me, how did you come up with the idea for Renren?"

"Dad, this is what I think."

Su Mingzhe already knew that Lin Yuanxing would ask him a question, and he had already thought of an answer.

"Dad, I heard you say last time that the company's development has been sluggish recently and needs to be transformed. I was thinking about what industry would be better to develop."

“After the release of last year’s movie ‘Big Shot’, I felt that the last paragraph was quite right.”

"Which section?"

Lin Yuanxing doesn't watch movies very often, so he didn't know what his son was talking about.

Su Mingzhe quickly repeated the classic lines.

"It's interesting, but a little biased. It kind of reveals some of the unspoken rules of the real estate industry."

As a real estate tycoon, Lin Yuanxing is naturally qualified to comment on real estate, but he changed the subject and continued, "Did you come up with this idea for Renren?"

"Not really."

Su Mingzhe naturally knew that it would be difficult to impress a business tycoon like Lin Yuanxing with just such a small thing.

"I just have an idea for now, and there are still many things to be thought about. But if I want to continue thinking about it, I need to make an initial investment and produce the initial things first. I can't just sit at home and daydream."

"Okay," Lin Yuanxing finally understood that his son was asking him for money.

However, Lin Yuanxing was quite strict in managing his son. In order to prevent his son from becoming a playboy, he would scold him if he did something not satisfactory. If he made him angry, he would simply use his belt as a whip and beat his son directly.

Lin Siqi should be thankful to have lived to this age, as he is Lin Yuanxing’s biological son.

Lin Yuanxing thought for a moment and asked, "How much money do you think it will take to invest in this thing, and how long will it take to see a profit?"

Su Mingzhe already had a mature plan and answered directly: "Ten million, one year."

"Son, I can invest one million in you first, which will be considered as my personal sponsorship. You don't have to worry about the venue, business license, and recruitment. You just need to supervise the development of Renren.com from time to time. As for the shares, we will split them in half."

Public is public, private is private.

Lin Yuanxing was naturally happy that his son was willing to make progress, but no matter how happy he was, he was still afraid that his son would go astray.

What if, right after he transferred the money to his son, his son spent the money recklessly? He would be so angry that he would die.

"Dad, if you give me 10 million, I can only give you 20% of the shares."

Su Mingzhe didn't expect Lin Yuanxing to be so stingy. He asked for 10 million, but he actually bargained directly from the bottom.

"If you are only willing to invest one million, I can only give you 5% of the shares at most."

Lin Yuanxing didn't expect his son to dare to bargain with him. He should have been angry, but for some reason, he felt very happy in his heart and couldn't help but laugh and scold:

"You little bastard, you don't even have a shitty 'Renren', yet you dare to ask for so much. Do you think your father's money came from the northwest wind?"

"Who said Renren has nothing? I have something here, but I didn't show it to you because I was afraid you wouldn't admit it."

Su Mingzhe was also very cunning. The business plan he gave to Lin Yuanxing was just a pie in the sky. He only wrote an idea and only wrote half of the real content. The part about making money was not mentioned at all.

"You little brat, you even want to hide it from your father."

Lin Yuanxing said these words angrily, but he was very happy in his heart, feeling that he had a successor.

This is how you do business, always be careful when speaking.

Don’t count the progress, count the retreat first.

With a retreat, even if you fail, you can start over again.

"Dad, how about this? Let's make a bet."

Su Mingzhe knew Lin Yuanxing's character, and it would be extremely difficult for him to get money from him. However, in order to successfully obtain the investment, he had already made plans.

"What kind of gambling agreement?"

The concept of betting agreements has existed since ancient times.

The ancient "military order" can be considered the earliest "betting agreement".

The general issued a "military order" to indicate that he could achieve a certain military goal, and if he failed to do so, he would be beheaded.

In order to expand the market in China, Stephen Chow also signed a gambling agreement with domestic entertainment tycoons.

They say they will get a certain amount of box office revenue, and if it doesn’t, then something will happen.

Su Mingzhe now also wants to make a bet agreement with Lin Yuanxing.

"I can promise that if you invest 10 million, Renren's market value will exceed 1 billion in five years. If I win, your 10 million will only get you 5% of the shares, which is 50 million, not a loss. If I lose, I will listen to you, study hard, and inherit the family business."

"Humph, no matter how you put it, you win."

Lin Yuanxing would never be fooled.

According to Su Mingzhe, his son was not harmed regardless of winning or losing.

"Dad, it's only 10 million. Just consider it as giving your son a chance."

Su Mingzhe was speechless when he saw Lin Yuanxing's reluctant look.

This dad should really learn from Mr. Wang, the richest man in the country.

Mr. Wang, the richest man, invested hundreds of millions of dollars to help his son, Principal Wang, start a business.

We are all in the real estate industry, but my father is not as bold as Mr. Wang, the richest man.

No wonder Mr. Wang became the richest man in the country, while his father could only make a living on a small piece of land in Yanjing.

"Okay, I can give you 10 million, but I'll keep my words."

Lin Yuanxing didn't want to discourage his son's entrepreneurial enthusiasm. It was only 10 million yuan, so he just treated it as a training for his son:

"I'll help you with the company's business license, site, recruitment, etc. Don't delay your schooling. After all, your main task is to study." "Don't worry, Dad. I know the importance of this."

Su Mingzhe breathed a sigh of relief when he saw that Lin Yuanxing agreed to his request.

Being a rich second generation is pretty good.

At the very least, their entrepreneurial foundation is a hundred times stronger than that of children from ordinary families.

If you really have no money to spend, you can steal an antique from home and sell it for hundreds of thousands.

After the father and son had discussed it, Su Mingzhe returned to his room and continued writing code.

Although Renren is not difficult to run, it is quite complicated.

Su Mingzhe worked on it alone for three full days before he came up with the rough framework.

After Lin Yuanxing set up the Renren studio, Su Mingzhe demonstrated the first version of Renren that he made, which stunned more than 20 newly hired IT graduates.

"Master Qi, did you really make all this by yourself?"

The person in charge of the studio is director, his surname is Zhou and his name is Xing.

When Zhou Zuoxing heard that Su Mingzhe had independently created Renren.com, he looked at the already perfect first-generation version of Renren.com and tried to operate it, and felt like he was going crazy.

Is this really something that can be accomplished by one person?
Why don't I believe it?

If Su Mingzhe really did it alone, then who is this young master?

I actually applied for a job in such a studio.

I am lucky enough.

“I did it all by myself.”

Su Mingzhe also knew that his programmer skills were not only far ahead of these people, but also fifty years ahead of the times.

There is nothing to be proud of in creating Renren.com.

After convincing these twenty or so newcomers, Su Mingzhe began to assign tasks to them.

I am about to report to the school, and these people will be responsible for doing the specific work.

As an investor and Su Mingzhe's biological father, Lin Yuanxing participated in the first full-staff meeting held by the studio.

Renren has been completed and now needs to be promoted.

In the world of “All Is Well”, Su Mingzhe and Xiao Ma Ge are friends. They also invested in Penguin. After creating Renren, they let Penguin push advertisements directly in the background.

It can be said that Renren developed smoothly in the last century.

In this world, although Lin Yuanxing is rich, his influence is limited to the area near Yanjing and the area affected by his real estate business.

Lin Yuanxing had no good idea at all to promote Renren.

Zhou Zuoxing told Lin Yuanxing that most Internet companies would just use money to attack in such a situation.

"Dad, throwing money at it is the dumbest and stupidest way."

Su Mingzhe directly rejected Zhou Zuoxing's words. Seeing Zhou Zuoxing and Lin Yuanxing looking at him, he took a deep breath and tapped his fingers on the table twice. Suddenly, he thought of a good idea:

"How about this, let's create a browser and put Renren in the most prominent position in the browser."

"What browser?"

Lin Yuanxing still doesn't know much about the Internet.

"It's just a webpage. Never mind. You won't understand even if I tell you."

Su Mingzhe thought of a solution and immediately started to work on it.

For Su Mingzhe, making a browser is very simple, but if he wants to make it better, bigger and stronger, he still needs to continue promoting it.

However, since browsers are free for netizens to use, there is no need to worry about slow promotion.

While working on the browser, Su Mingzhe also created a website called URL Home.

At this time, there are already several website owners in China.

For example, 123 directly occupied half of the market and had a huge impact.

There are more and more things in my mind, and my hands are moving faster and faster.

It was the first time for more than 20 new employees in the studio to know that someone’s fingers typing on the keyboard can really create an afterimage.

Lin Yuanxing was even more stunned. He had always typed with one finger.

"Just leave it like that."

Su Mingzhe spent half an hour to complete the browser and URL home.

Zhou Zuoxing quietly wiped the cold sweat from his forehead. Having a boss with such strong technical skills, as the director of the studio, he was really awesome.

Su Mingzhe didn't know what Zhou Zuoxing was thinking. Anyway, he had done all the preliminary work, and the rest of the task was left to Renren Studio to fill it with things.

"Okay, Dad, if everything is ok, I will go home. If I am free in the future, I will come back around 6 o'clock in the afternoon. If there is anything urgent, just call me."

Su Mingzhe said, "After the work is done, I will leave and take a taxi home."

Lin Yuanxing was extremely excited. He stayed in the studio and listened to Zhou Zuoxing praising Su Mingzhe and calling him a computer genius.

Although Lin Yuanxing is worth tens of billions and is considered a leading figure in the country, being praised for his son still makes him excited for many days.

"Hey, if I had known this kid was so good at computers, I wouldn't have let him study financial accounting."

Su Mingzhe didn't know yet that Lin Yuanxing regretted choosing the university major for him.

　"We must choose the best prime location, hire French designers, and build the highest-end apartments, with elevators going directly into the homes, and the smallest apartment must be 400 square meters. We will connect broadband, fiber optic cables, and satellites. There will be a garden upstairs, a swimming pool inside, and a British butler standing in the building, wearing a wig, like a gentleman.

　　As soon as the owner enters the door, no matter if he has something to do or not, he has to say: "May I help you, sir?" (How can I help you?) with an authentic London accent, which makes him look very respectable.

　　"Those who want to make money from e-commerce are fools. You have to spend money to build a website. You can't catch a wolf without sacrificing the lamb. Hire a few bad-mouthed gunmen with high salaries. Find a few cultural celebrities as targets and put down whoever is popular. What does a website rely on? It relies on the click-through rate! When the click-through rate goes up, the next buyer will come. You can add 10 to the amount of money you put in and sell it to the next buyer. I also tell you, if someone talks about acquisition, they will cash out immediately. You can forget about it even if they give you stocks! If you are interested, you can invest 8 to 10 million. I dare not say more, but I guarantee that you can make 100 million a year! Really! - I am talking about US dollars."

　　
　
(End of this chapter)