@interjc: Whether to send the reset tonight depends on Liang Wenfeng.
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Whether to send the reset tonight depends on Liang Wenfeng's decision.
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Cached at: 07/21/26, 08:39 AM
Whether to send the reset tonight depends on Liang Wenfeng https://t.co/0c8MSoHs2a
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A carefully edited transcript of Liang Wenfeng's four-hour internal speech, preserving the original words and sentence structures to the greatest extent, with only necessary organization and adding subheadings for readability.
@youyou8178: The conference room at Tencent HQ, it's said the lights were on until 2 a.m. When Liang Wenfeng arrived, the agreement was already laid out on the table. Tencent wanted 20%, with open terms—cloud resources, traffic entry points, ecosystem binding, everything on offer. Liang took one look and pushed it back, saying eight words: "At most 2%. Same valuation." It's said a certain investment bank MD stood up to smooth things over, but was stopped by James with a raised hand. Martin sat across the table, silent for a long time, before asking if they could add a little more. Liang replied: "I still have a set of parameters to run tonight. Your time isn't worth much, but mine is worth fifty billion." Then he got up and left. The news came out at 3 a.m. Alibaba apparently had already withdrawn earlier. Everyone in the WeChat group was waiting for Pony's reaction. He said only one thing: "Invest. Even 2% is fine. Bind their ecosystem." Everyone who heard those words froze for a few seconds in front of their screens. The empire once said surrender is useless. But this time, what the other side held wasn't bargaining chips—it was a ticket to the next decade. Would you say Tencent was humble? No. It was one era making room for another. On your company's negotiation table today, who is the one who gets up?
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