Reborn Entrepreneurial Giant.
Chapter 582 Goodbye
Chapter 582 Goodbye
At the height of the online ride-hailing war, 1 million yuan was burned in one day. Qu Li's statement that he was burning [-] million yuan in one month was still very conservative. However, he was not trying to show his foresight, but was implying a threat. The important thing is not what you say. Did become, is this industry.
Before leaving, Wang Xing asked a question, "Since you are optimistic about food delivery, are there any companies that invest in food delivery in China?"
"There is a company called Ele.me." Qu Li
"It doesn't seem to be very famous."
"They are also college students starting their own business and have their own ideas. But as you know, Jumei is willing to provide all kinds of help, but it never likes to interfere in too many things."
Domestic media have compared Jumei and Ali. The latter has 18 Arhats and is a domestic e-commerce platform. The former is more like a "hodgepodge", with the institutionalized process construction of foreign-funded enterprises and the flexibility of domestic enterprises. Flexible, not transparent.
Until now, although Jumei has become a major Internet company, its investment style is closer to that of Goose Factory in the later period. It relies on making friends rather than spending money to buy subordinates.Therefore, Meituan can introduce investment from Ali, and Dianping can receive funds from Goose Factory.Anyway, what Qu Li wants is for WeChat/Jupay to become the most important payment tool for domestic Internet users.
Wang Xingcheng and others did not understand Qu Li's demands and the meaning behind mobile payment, so naturally they did not know the price they needed to pay.Of course, behind all unequal contracts, it depends on whether the companies have equal performance capabilities: Can a company with a market value of [-] billion tolerate a company with a market value of [-] billion to take advantage of itself?
However, there is still a very critical point. Time is an independent subsidiary and has venture capital shares. Should it promote Jupay and WeChat Pay at the same time, or?
"Maintaining the independence of Time is more conducive to WeChat..." Several venture capital investors who invested in Time went to Beijin to chat with Qu Li, wanting to continue spending money.
Qu Li has been wavering on this matter, allowing them to see an opportunity.
The valuation at the time of Shiguang's financing was definitely overestimated, but a repurchase agreement was signed at that time. If the company's development fails to meet its goals, they have the right to ask Jumei to repurchase and guarantee their interests. In addition, Qu Li personally The financing was smooth because of the support.
There are repurchases and mandatory repurchase agreements. Jumei has the right to repurchase everyone's shares at a certain price, which is what Qu Li requires.Why bother?This involves the distribution of power. Without such an experience, Lu Qi and other executives who understand technology, market and management will only be able to show Qu Li's foresight by letting them make mistakes.
Everyone knows that Qu Li led the establishment of Time, and everyone knows that his goal of creating an application with one billion users seems to be achievable now.
"You should discuss the price. You can choose stocks or cash." Qu Li
"Don't think about it anymore?"
"For the longer-term goal, I have no choice." Qu Li said simply
"Can you tell me about your future plans?"
"No." Information is value. Now you can see the indispensable value of Time WeChat. Doesn't that create difficulties for Jumei to repurchase shares of Time?
"How big do you think Jumei can do?"
"Jumei's market value is less than US$1000 billion, so I probably won't cash out."
Jumei's current market value is more than 300 billion US dollars, which has tripled to 1000 billion. If these venture capital investors believe it and are willing to use shares instead of cash, Jumei's financial pressure will be relieved.Ahli did not become wealthy until it was listed on the US stock market. If Jumei does not want to be short of money, it will take three to five years.
Seeing that Qu Li had made up his mind, several venture capital investors knew that they had no bargaining chips to oppose, so they could only fight for more benefits.
"Are you free? Let's go get together."
"Sorry, there's been a lot going on lately."
"This time is different, you really have to give it a chance."
"what happened?"
"I want to apologize to you. How about you slap the table in my office?"
"..." Qu Li didn't react for a moment. He was not the kind of quick-witted person to begin with. Are you asking for an apology, or do you really want to apologize?
"I don't know what you mean. I don't have that much time to think about you. If something makes you unhappy, I'm sorry..."
"I really want to apologize to you."
"If it's true, just stop bothering me." Qu Li
His words in the New Year's Eve speech may have put some pressure on some people. Many people on the Internet discussed who pointed at Qu Li and scolded him, which impressed him so deeply that they doubted the professional abilities of some people. Even Qu Li If you don’t like all kinds of entrepreneurs, who else can you like?
When entrepreneurs begin to doubt the professional capabilities of venture capital, it often means that there will be variables in the cooperation. When Qu Li was just starting out, he dared to say on the central stage that he didn’t want anyone’s money, and he dared to ask: “What else can I do besides money?” What to bring”.
Now when the media and netizens recall that year, Qu Li was an entrepreneur with great ideas. No wonder he succeeded.
In the end, Qu Li did not accept the venture capital's invitation. For him, the past is over. Although he was somewhat upset, he would not dwell on the past.We are not in the same industry, so there are not many opportunities for cooperation in the future, so there is no need to care.
Back home, um, in the house rented by Chen Danni, he originally thought that this little girl wouldn't come to him if she started a business with Zhang Yiming, but unexpectedly, he contacted him and asked him to come and sleep with him.
"I finally feel comfortable. We haven't seen each other for so long, and you haven't been eaten up by some vixen?" Chen Danni said while lying on Qu Li's body.
"My body is strong." Qu Li felt the softness on his body
"How many times can I have sex in one night?"
"Well, three times is no problem." Qu Li was a little less confident.
"Really, how about we try it tonight." Chen Danni hadn't eaten for a long time.
"Whatever you want to try, sleep." Qu Li won't be fooled, he still has to exercise tomorrow
"Don't be so stingy!" Chen Danni felt a rare sense of fulfillment and was very satisfied.
"You don't even know if it's too much or not. Please pay more attention when doing things in the future." Qu Li refused to admit defeat and changed the topic to work.
As for what Zhang Yiming and Chen Danni are doing, Qu Li doesn't have much interest. Even if ByteDance appears again, he won't care.
Short videos and live broadcasts are the future trends. Even if Qu Li knew this, he might not be able to lead Jumei’s team to victory.We must know that under the horse racing mechanism of Goose Factory, there are no less than 10 teams making short videos, and none of them can beat them. How can Qu Li always be in the spotlight?
The future trends are changing, but Qu Li focuses on what remains unchanged, good products, prices and services. No matter how the future changes, his place in the world will ultimately be indispensable.It's like no matter how depressed Goudong is, his foundation is still there, and he still has a chance after all.
Although live streaming of interest e-commerce cannot provide consumers with "benefits", it can bring emotional value. Some people may like the momentary feeling of impulsive consumption of "buy, buy, buy."
At the height of the online ride-hailing war, 1 million yuan was burned in one day. Qu Li's statement that he was burning [-] million yuan in one month was still very conservative. However, he was not trying to show his foresight, but was implying a threat. The important thing is not what you say. Did become, is this industry.
Before leaving, Wang Xing asked a question, "Since you are optimistic about food delivery, are there any companies that invest in food delivery in China?"
"There is a company called Ele.me." Qu Li
"It doesn't seem to be very famous."
"They are also college students starting their own business and have their own ideas. But as you know, Jumei is willing to provide all kinds of help, but it never likes to interfere in too many things."
Domestic media have compared Jumei and Ali. The latter has 18 Arhats and is a domestic e-commerce platform. The former is more like a "hodgepodge", with the institutionalized process construction of foreign-funded enterprises and the flexibility of domestic enterprises. Flexible, not transparent.
Until now, although Jumei has become a major Internet company, its investment style is closer to that of Goose Factory in the later period. It relies on making friends rather than spending money to buy subordinates.Therefore, Meituan can introduce investment from Ali, and Dianping can receive funds from Goose Factory.Anyway, what Qu Li wants is for WeChat/Jupay to become the most important payment tool for domestic Internet users.
Wang Xingcheng and others did not understand Qu Li's demands and the meaning behind mobile payment, so naturally they did not know the price they needed to pay.Of course, behind all unequal contracts, it depends on whether the companies have equal performance capabilities: Can a company with a market value of [-] billion tolerate a company with a market value of [-] billion to take advantage of itself?
However, there is still a very critical point. Time is an independent subsidiary and has venture capital shares. Should it promote Jupay and WeChat Pay at the same time, or?
"Maintaining the independence of Time is more conducive to WeChat..." Several venture capital investors who invested in Time went to Beijin to chat with Qu Li, wanting to continue spending money.
Qu Li has been wavering on this matter, allowing them to see an opportunity.
The valuation at the time of Shiguang's financing was definitely overestimated, but a repurchase agreement was signed at that time. If the company's development fails to meet its goals, they have the right to ask Jumei to repurchase and guarantee their interests. In addition, Qu Li personally The financing was smooth because of the support.
There are repurchases and mandatory repurchase agreements. Jumei has the right to repurchase everyone's shares at a certain price, which is what Qu Li requires.Why bother?This involves the distribution of power. Without such an experience, Lu Qi and other executives who understand technology, market and management will only be able to show Qu Li's foresight by letting them make mistakes.
Everyone knows that Qu Li led the establishment of Time, and everyone knows that his goal of creating an application with one billion users seems to be achievable now.
"You should discuss the price. You can choose stocks or cash." Qu Li
"Don't think about it anymore?"
"For the longer-term goal, I have no choice." Qu Li said simply
"Can you tell me about your future plans?"
"No." Information is value. Now you can see the indispensable value of Time WeChat. Doesn't that create difficulties for Jumei to repurchase shares of Time?
"How big do you think Jumei can do?"
"Jumei's market value is less than US$1000 billion, so I probably won't cash out."
Jumei's current market value is more than 300 billion US dollars, which has tripled to 1000 billion. If these venture capital investors believe it and are willing to use shares instead of cash, Jumei's financial pressure will be relieved.Ahli did not become wealthy until it was listed on the US stock market. If Jumei does not want to be short of money, it will take three to five years.
Seeing that Qu Li had made up his mind, several venture capital investors knew that they had no bargaining chips to oppose, so they could only fight for more benefits.
"Are you free? Let's go get together."
"Sorry, there's been a lot going on lately."
"This time is different, you really have to give it a chance."
"what happened?"
"I want to apologize to you. How about you slap the table in my office?"
"..." Qu Li didn't react for a moment. He was not the kind of quick-witted person to begin with. Are you asking for an apology, or do you really want to apologize?
"I don't know what you mean. I don't have that much time to think about you. If something makes you unhappy, I'm sorry..."
"I really want to apologize to you."
"If it's true, just stop bothering me." Qu Li
His words in the New Year's Eve speech may have put some pressure on some people. Many people on the Internet discussed who pointed at Qu Li and scolded him, which impressed him so deeply that they doubted the professional abilities of some people. Even Qu Li If you don’t like all kinds of entrepreneurs, who else can you like?
When entrepreneurs begin to doubt the professional capabilities of venture capital, it often means that there will be variables in the cooperation. When Qu Li was just starting out, he dared to say on the central stage that he didn’t want anyone’s money, and he dared to ask: “What else can I do besides money?” What to bring”.
Now when the media and netizens recall that year, Qu Li was an entrepreneur with great ideas. No wonder he succeeded.
In the end, Qu Li did not accept the venture capital's invitation. For him, the past is over. Although he was somewhat upset, he would not dwell on the past.We are not in the same industry, so there are not many opportunities for cooperation in the future, so there is no need to care.
Back home, um, in the house rented by Chen Danni, he originally thought that this little girl wouldn't come to him if she started a business with Zhang Yiming, but unexpectedly, he contacted him and asked him to come and sleep with him.
"I finally feel comfortable. We haven't seen each other for so long, and you haven't been eaten up by some vixen?" Chen Danni said while lying on Qu Li's body.
"My body is strong." Qu Li felt the softness on his body
"How many times can I have sex in one night?"
"Well, three times is no problem." Qu Li was a little less confident.
"Really, how about we try it tonight." Chen Danni hadn't eaten for a long time.
"Whatever you want to try, sleep." Qu Li won't be fooled, he still has to exercise tomorrow
"Don't be so stingy!" Chen Danni felt a rare sense of fulfillment and was very satisfied.
"You don't even know if it's too much or not. Please pay more attention when doing things in the future." Qu Li refused to admit defeat and changed the topic to work.
As for what Zhang Yiming and Chen Danni are doing, Qu Li doesn't have much interest. Even if ByteDance appears again, he won't care.
Short videos and live broadcasts are the future trends. Even if Qu Li knew this, he might not be able to lead Jumei’s team to victory.We must know that under the horse racing mechanism of Goose Factory, there are no less than 10 teams making short videos, and none of them can beat them. How can Qu Li always be in the spotlight?
The future trends are changing, but Qu Li focuses on what remains unchanged, good products, prices and services. No matter how the future changes, his place in the world will ultimately be indispensable.It's like no matter how depressed Goudong is, his foundation is still there, and he still has a chance after all.
Although live streaming of interest e-commerce cannot provide consumers with "benefits", it can bring emotional value. Some people may like the momentary feeling of impulsive consumption of "buy, buy, buy."
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