Ordinary Road 2010

"This thing is not enough to form our moat. If we want to directly engage in this business, it will inevitably drag down our performance."

"As for Wang Xiaofeng from Mobike we invested in, this buddy is too honest. He directly said that they have no profit model, and they can't think of a profit model for the time being, so it's over."

"They can run blindfolded, but we're past that stage."

"Besides, with today's size of traveling thousands of miles, if you blindfolded and run wildly, it is dangerous driving, and it is easy to hit people."

"Even if you don't hit anyone, it's not good to hit flowers, right?"

Lin Yi told a cold joke, and found that he seemed to have dragged the topic far.

"Closer to the subject, compared to shared bicycles, in addition to our advantages in scale, our core business is financially profitable."

"Jenny is the clearest. How many times have we calculated this account back and forth, otherwise we wouldn't dare to speak such big words to investors."

"I said that we want to achieve profitability in 2017, and I definitely don't want to make empty guns."

"Specifically, it is nothing more than reducing costs and increasing efficiency."

"Wanli Travel has not made a profit in the past three years. To be precise, it has suffered huge losses in a row. The primary reason is of course that the subsidy war has not stopped."

"This most important factor, the basis for its existence is now gone."

"We have drawn on the experience of the truce in 2014 to develop a phased subsidy reduction plan, with the goal of completely eliminating it by the end of this year, so that next year we can travel lightly without burden."

"The second is management costs. During the crazy expansion stage, our team is over-allocated, and the promotion plan is regardless of cost. In fact, it has caused serious extravagance and waste, and the inevitable internal corruption has not been considered."

"Regarding this point, the senior sister is already formulating the performance appraisal method for the next stage, and will use profit rather than scale as the core indicator."

"There is another point that must be paid attention to, that is, the proportion of order sharing must be uniformly controlled by the headquarters, and the subordinates cannot be allowed to do whatever they want."

"We want to make a profit, but not from the drivers of those sports cars."

"Let's not talk about whether we will be stabbed in the back in the future. If we don't get the big label of "abuse of market dominance" from the top, the company will not be able to stand it. "

"Plus, it's the problem of blind expansion that makes me so angry today."

"I always feel like staking the land. The bigger the scope is, the more money you can make. In fact, it doesn't make sense. It's a bottomless pit that only sees input but doesn't see output."

"The product line of Wanli Travel is planned by ourselves, and we will follow this standard. We don't want any other messy businesses like Tutu Taxi, just like their people."

"Cut it off, cut it all off."

"What we have to do is subtraction rather than addition, remove all flashy disguises, and only retain and cash in the core business that is truly profitable."

Lin Yi finally added: "All the above things can be conveyed, as long as we know the remaining few words."

"The direct reason why I made these arrangements is to ensure that the company will complete its listing in 2018 with a good performance."

"It's not because I'm in a hurry to cash out my wealth, but because there is a window period for going public, and if I miss it, the situation may become more and more unfavorable to us."

"You may not understand a little bit. There are many reasons for this. I can't explain them one by one now."

"In short, this is the best arrangement for both the company and us personally."

"We must strictly abide by this timetable, achieve and complete without compromise, and finally achieve all goals steadily."

Chapter 565

The other three were surprised by Lin Yi's pessimistic attitude.

Because at this point in time, it is undoubtedly the most glorious moment in the past three years of Wanli Travel, and it is also the most glorious moment since the birth of this industry.

They believe this is just the beginning.

But hearing what Lin Yi said, he seemed to think that he was already at his peak.

In fact, they have discussed the bottleneck of the industry for a long time, and they are not as swearing as they are in front of investors, and their chests are clattering loudly.

But just becoming the industry leader, it seems premature to act like this.

"Lin Yi, I completely agree with the company's next step to achieve profitability, which is what investors hope for."

"But they may also want to see some protection and barriers to our business, rather than just anyone coming in and taking a piece of the pie."

"In order to achieve the goal of profitability, it is necessary to cut off those unprofitable branches, but it seems to the outside world that it is a signal of shrinking the front line, and we may need to make more positive statements."

"We have already invested in Mobike before, not to mention whether you are optimistic or not, but shared bicycles are just shared bicycles after all."

"For us, no one expects two wheels to be able to leverage four wheels. We still need more stories to support the valuation of Wanli Travel."

"Even if we really intend to do this, we can't just tell everyone that we are a boring online taxi company."

Obsession with growth is also a form of greed.

Tucao belongs to Tucao, this issue still has to be taken seriously, Lin Yi unexpectedly agreed: "You are right, so we don't play with two wheels, we play with four wheels."

"Ok?"

Lin Yi had never mentioned this idea before, and it was the first time the other three had heard of it.

"In addition to our main business, the further development of Wanli Travel is nothing more than using our industry influence to develop upstream and downstream."

"In the entire travel industry chain, the most imaginative and most likely to produce disruptive results is, of course, new energy vehicles."

Lin Yi's words are actually not convincing.

In 2016, new energy vehicles were not a new topic for a long time. The subject matter in the stock market had been updated several times, but it had not yet shown the momentum of leading the times and innovating the industry.

At that time, traditional automakers were still strong, dismissing the fledgling electric vehicles, and Toyota, the world's number one, was still cherishing its hydrogen energy patents.

Among the geeks who love early adopters, buying a Tesla is quite a fashionable thing. South African-born Ma Yilong has already made a name for himself with his big rocket with an empty fork, but it has not yet reached the point where everyone knows it.

As for China, new energy vehicles have been associated with scandals such as subsidy fraud all year round. The chaos in the industry is hard to describe, and there are all kinds of cynicism in the society.

It is said every year to overtake on a curve, but it is a pity that there is no overtaking on a curve.

In short, what Lin Yi just said was contemptuous of the online car-hailing industry, but the option he proposed seems even more unreliable.

"Car manufacturing... Lin Yi, new energy vehicles are of course a big trend, but professional car manufacturers have worked hard for so many years, but they haven't let this fire ignite."

"Manufacturing, heavy assets, high investment, long cycle, these things are the elements that investors hate the most, and they are rejected at a glance."

"Taking a step back, even if we don't mention the question of when the industry's prospects will be realized, we are empty-handed, and we don't even have a car repairer, let alone build a car. We almost start from scratch."

"Building a car is not the Internet. One computer and two servers can be opened by a coder who knows how to program."

"As far as I know, even assembling a car that can be driven on the road from parts requires a huge team of engineers and a lot of investment."

To be honest, including Lin Yi, these few people are all laymen in the auto industry.

If Lin Yi hadn't been reborn, he wouldn't dare to say what stage of development new energy vehicles or electric vehicles are in, and whether the money invested would be in vain.

Lin Yi was mentally prepared for their concerns, and had his own excuses.

"Of course I know that building a car is not an easy task. Otherwise, there are so many smart people in the world, and it would not be our turn to take advantage of it."

"The elements you said just now that investors hate the most don't sound sexy at all, but those are exactly what we lack the most."

"moat."

"If we were a manufacturing-based company with such a dominant market share, we wouldn't have to worry about waking up and turning things upside down, but our upstream and downstream would be afraid of being blood-sucked."

"You may think it is too optimistic to say this. Taking a step back, even if it fails, we still have a lot of tangible things in our hands."

"Land, factory buildings, production equipment, and iron boxes that can move off the assembly line."

"I'm not saying that building a car is foolproof, but that this may be the most promising development direction we can find. Can you imagine other larger markets in this industry chain?"

This made them speechless for a while.

The automobile industry is the largest industrial category in modern society.

"But Lin Yi, the large market size is not the reason for us to get involved in this industry. It is really hard for me to imagine what kind of evaluation a taxi software company will get if it crosses borders to build cars."

"Or, what resources and endowments do you think we have to do this?"

Lin Yi's answer was: "We have a market."

"Although we are only a platform that provides travel services, and the driver's vehicle is not provided by us, as a direct operator, there are actually many ways to make an impact."

"Under the circumstances that we adopt some preferential support measures, it will be able to largely affect the choice of car purchase or car use by online car-hailing drivers."

"Building a car is not difficult at all."

"Although we don't have a background in the automotive industry, how many of the so-called new forces that have emerged in the past two years have a professional background?"

"As long as we spend money to build the car, we can find a way to sell the car to online car-hailing drivers."

"Even if we don't consider the sales on the social level, if we only complete the replacement of all online car-hailing vehicles within a certain period of time, such as ten years, this scale is completely enough to support a large-scale automobile factory."

This sounds reasonable.

However, Lin Yi still didn't completely convince the others. After all, this is the company's most important future development strategy, so he had to be cautious.

They decided to entrust a professional team to do more detailed and sufficient industry research to support the company's key decisions.

Lin Yi did not feel disappointed.

If only the growth of personal wealth is considered, what he should do now is to discount all his assets and then directly exchange them for Tesla shares. This should be the most lucrative option in the next few years.

It seems like a thankless task to have to do it yourself.

But apart from wealth on paper, there are many things Lin Yi wants to pursue.

Chapter 566 I graduated

The building of the car has been put on hold for the time being.

Although timing is very important, Lin Yi is not in a hurry, and he himself needs to do more understanding before he can turn his ideas into reality.

Another thing Lin Yi did during this period was that he went back to Beijing Electric Power.

This time, he didn't go back to see the teacher. He had a serious task. To be precise, the school informed him that he could go to collect his graduation certificate and degree certificate.

It was about a year ago when he and his senior sister took a break from school, and they hadn't been to school since then, and somehow they were able to graduate again. Do you think it's strange?

Of course, Lin Yi was not too hypocritical, the school showed goodwill, and he had to continue, after all, he was still planning to get this diploma.

The senior sister was also invited, but she rejected the suggestion to resume her postgraduate studies, so she came here today just to observe the ceremony.

The school is quite serious about it, and even created a small-scale graduation ceremony, and even the fringe turning was not left behind.

Maybe it was to repair the harmonious but unexpectedly damaged relationship between them and the school after the last school suspension incident.

In short, according to the school's arrangement, Lin Yi changed into the bachelor's uniform prepared in advance, and accepted the certificate issued by the school, proving that he was finally a university student.

The person in charge of receiving them was the school leader who came forward last time. After the matter was over, the other party said with a smile:

"Student Junjie, the school has actually prepared your graduation certificate and degree certificate long ago. It's just because you haven't had time to come over to collect them, so you kept them for two months longer. Now that you have returned them to Zhao, I have fulfilled my mission."

Every year the graduation ceremony is usually held in June, and now it is September, but at that time Lin Yi and Liu Qing had not yet decided the winner.

Since Lin Yi didn't intend to make the relationship with the school deadlocked, he didn't care about these details.

"Thank you for the cultivation of the school."

The school leader felt that Lin Yi's tone was light, and he might still have resentment in his heart. Seeing that the staff around him had already left, he approached him and said:

"Student Junjie, the school failed to fully protect you due to pressure last time, and it is indeed ashamed of you and Li Moyan."

"Student Mo Yan, the school has listened to your wishes. Although it is a pity that you cannot continue your studies, it is also a good choice to concentrate on your career."

"I believe that you are all very sensible young people, and I am very grateful that you understand the difficulties of the school and did not embarrass us at that time."

He lowered his voice again, "Let me tell you a few words from the bottom of my heart in private. You are still so young and have a bright future. There is really no need to be angry with those old guys who are outdated."

"In short, the school hopes that you will get better and better. Haha, the name of your company has a good meaning. I wish you great success in the future."

"The last thing is, you can go back to school more when you have time, this will always be your home."

Lin Yi and his senior sister looked at each other, and it was difficult to judge whether the school leader's words were false, so thank you first.

Graduation is a major event in life for ordinary people, but for the two of them, there is no reason to go out at the same time.

"Actually, there is one more thing for the two of us to come here today. We had a simple communication with the school before, but there are still many details that need to be implemented."

"My senior sister and I, including many early employees of Wanli Travel, all received education in JD, and we also met here and formed a solid team."

"We are always grateful for this, so we have always wanted to do something to give back to our alma mater. Today, my senior sister and I are here to explore the way."

"Oh?"

The school leaders were very surprised. Although Lin Yi had indeed made such a statement, the school felt that the relationship had just been repaired, and now might not be the time to mention this matter, and we will discuss it later.