Sprinkle coins every day

The upper limit of 800 million experience points seems to be no longer out of reach.

if things go well.

The level of entrepreneurship is expected to rise to level 10 this year.

It stands to reason that level 10 should be a big hurdle, as can be seen from the demand for experience points, but I don't know if there will be any new changes in the system after the upgrade.

Still looking forward to it!

What needs to be explained is that although after the financing, the profits of the Green Orange Group cannot be directly handed over to the Germination Group, but the relevant experience points are still converted in proportion.

This system is very fair.

Not only the Qingcheng Group, but also the operating income generated by Qingyun Data and Qinghe Technology under the Germination Group will automatically calculate the experience value, which is also one of the sources of Zhang Shuo's confidence in being promoted to the tenth level this year.

There is also one major change.

Because of the scandal of the richest man, Zhang Shuo's personal prestige has also risen. The prestige value once reached 9.88, and it is expected to usher in another upgrade soon.

It's also worth looking forward to.

In general, after entering 2012, the development trend of Germination Group has become clearer and clearer, and all businesses have gradually moved on the right track, and it is no longer the previous grassroots team.

"In addition to continuing to cultivate the Internet, Germination should also lean towards the manufacturing industry."

Zhang Shuo has a sense of mission and a sense of crisis. He knows that the achievements in front of him are just castles in the air. Before the real crisis comes, he will not be able to stand the test at all.

If you want to make steady progress, you have to make breakthroughs in core technologies such as chips.

I'm thinking about it.

Zhang Shuo received a call from his second uncle.

"Come home on the weekend, and the matter of the chip has landed."

"it is good!"

Zhang Shuo was very excited, this matter dragged on for more than half a year, and finally made a breakthrough.

.........

in the afternoon.

Lu Kai found Zhang Shuo and reported to work.

"Mr. Zhang, the two new companies of Sprout Investment and Sprout Financial Holdings have been activated and completed the relevant filing work. The financial license of Sprout Financial Holdings has also submitted the application materials and is waiting for official approval."

"Can you pass?" Zhang Shuo asked.

"It shouldn't be a problem."

Lu Kai is very confident, "Sprout Financial Holdings has a registered capital of 30 billion, and it is paid in. It is already a relatively large-scale financial service company, and it has a payment license endorsed by Weixin Payment, and the official supervision of Internet finance is relatively loose. , Our materials are also well prepared, there is no reason not to pass.”

There is one more thing that Lu Kai didn't mention.

That is, after the richest man incident, Germination can be regarded as a name in the official circle.

Things run more smoothly.

Nor will it be disturbed by some dreadnoughts.

"In terms of personnel, how is it arranged?" Zhang Shuo continued to ask.

"According to your previous instructions, Germination Investment is linked to the Group's Investment and M&A Department, sharing a team, and no new staffing will be added. Germination Financial Holdings plans to set up a new department in the group to operate, and it is expected to form a capable team of more than a dozen or 20 people The team." Lu Kai had already made up his mind.

The subsidiary headed by Germination looks like an independent first-level subsidiary on the surface, but in practice, it looks more like a department under the Germination Group.

For example, the previous budding real estate is incomparable with Jade Bird Interactive Entertainment, Qinghe Technology, etc. in terms of independence.

"For the team of Germination Financial Holdings, my plan is to select 2 people from the Qinghe Technology Payment Center, then select 1 person from the Investment and M&A Department, and recruit the rest from outside."

"You can communicate with Director Wu about this."

Zhang Shuo usually does not directly intervene in the personnel arrangement and transfer at the departmental staff level.

"it is good!"

Lu Kai also enjoyed this kind of trust, "By the way, Mr. Zhang, the A-round investment in Tubatu has basically been finalized, with an investment of 3000 million yuan, and a 32.5% stake in Tubatu."

Under normal conditions.

The A-round financing amount will not be very large, and it is rare to transfer nearly one-third of the shares.

There are two considerations here.

First, the registered capital of start-up companies is often not high, and they are all subscribed, but not actually paid.

If an investment institution injects a large amount of capital at one time, far exceeding the registered capital, then the founder will have the risk of voluntarily filing for bankruptcy and running away with the money.

Second, the demand for capital of start-up companies is also increasing step by step.

It's not that tens of millions or hundreds of millions of funds are required at the beginning. The early stage is mainly product research and development, and the desire for funds is secondary.

Therefore, start-up companies often open multiple rounds of financing to ensure that they can obtain sufficient financial support in a suitable time period and ensure that they will not lose control of the company soon.

Mengya's investment in Tuba Rabbit is obviously breaking the rules.

One point is that this is not a purely financial investment, but a strategic investment. The purpose of the investment is to integrate the Tubatu decoration platform into Qingyun.

Germinal needs to hold enough equity in order to gain a greater voice.

There is also an acquisition clause in the investment agreement for Tubatu. Once the time is right, Germination can activate this clause to acquire the remaining shares of Tubatu and fully integrate into Qingyun Data.

Second, in view of Scarlet Capital’s covetousness on Tubatu before, Mengya must also guarantee that even if Tubatu launches the b-round financing later, Mengya can also lead the b-round financing.

Don't give Scarlet Capital an opportunity.

"Yes, it is still the old rule to transfer the shares of Tubatu to Qingyun Data. The director of Tubatu's board of directors is also the general manager Du Ruiwen."

Zhang Shuo is deliberately injecting new high-quality assets into Qingyun Data and Qinghe Technology.

When the time is right in the future, whether it is Qingyun Data or Qinghe Technology, they can start a round of financing to obtain new development funds while further avoiding monopoly.

Moreover, the more complicated the ownership structure of the subsidiary, the more conducive it is to hide Zhang Shuo's wealth.

"Mr. Zhang, I have two investment goals. I think they are pretty good. Would you like to have a look?" After discussing the business, Lu Kai took out two documents that he had prepared in advance.

"Okay."

Lu Kai showed such enthusiasm, of course Zhang Shuo couldn't dampen his enthusiasm.

Two investment goals.

One is Xiyin, which is engaged in cross-border e-commerce. It is a fast fashion export cross-border e-commerce Internet company established in 2008. It integrates product design, warehousing and supply chain, Internet research and development, and online operations.

Yuanshikong is also a unicorn company with a valuation of over [-] billion yuan.

It stands to reason that Xiyin is engaged in cross-border e-commerce, which has nothing to do with the current business of the Sprout Group, but Zhang Shuo has actually started the Pinxixi project intentionally.

If so, the two could have a little chemistry.

The other is Kuang Shi Technology, which is engaged in artificial intelligence. It was founded just last year. With deep learning as its core competitiveness, it integrates algorithms, computing power and data in an attempt to create a "trinity" next-generation AI productivity platform.

It is also a unicorn company, and its valuation will be close to 300 billion in ten years.

Seeing Kuang Shi Technology, Zhang Shuo thought of the well-known Entropy Soup Technology in the original space-time artificial intelligence field, which seemed to have originated from the research team of Xiangjiang University.

It is also the path of professor + student joint entrepreneurship, which is very similar to Wujiang Technology.

It is estimated that it has not yet been formed.

If there is a chance, I can ask Professor Wu to inquire about it. Maybe this team can be packaged and absorbed into the Fertile Research Institute, so as to strengthen the talent reserve of the Fertile Research Institute in the field of artificial intelligence.

As one of the most difficult areas to break through, the more R&D teams, the better.

"Both projects are not bad. We can consider investing. I will contact you to check the details." Since Lu Kai is in charge of the group's investment business, Zhang Shuo must fully authorize it.

He can also understand Lu Kai's mood, the new official takes office three fires.

He has just assumed the role of rotating president, and only has a short term of half a year. He wants to make some achievements as soon as possible during his tenure, especially in the fields of investment and finance.

"it is good!"

Lu Kai was even more excited now.

.........

The next day was Friday, and Zhang Shuo continued to deal with the work at hand.

Call the elder brother to the office in the morning.

"This is a software plan written by me. It's an old rule, and it should be handed over to the technology center for incubation."

What Zhang Shuo threw out was Pin Xixi's plan.

In the original time and space, Pinxixi was launched in April 2015. Considering the internal incubation cycle of the project, the real project approval time of Pinxixi may be earlier.

Calculate like this.

It means that Zhang Shuo has to move out Pin Xixi's hole card two or three years in advance.

Of course, it's not purely for making money or cutting leeks.

Although Pinxixi has a lot of criticisms, such as too many counterfeit and shoddy products, and too deep bargaining routines, with an indestructible body, 6 people can't kill it.

But the so-called existence is reasonable.

When the original space-time fight Xixi was born, domestic e-commerce has long been a red sea. E-commerce giants such as Mobao, Alarm, and Amazon have already dominated the market, ending the barbaric growth period of e-commerce.

According to common sense, it is impossible to fight Xixi to succeed.

But the reality is so magical. Pin Xixi Leng used the method of encircling the city from the countryside, and in just two or three years, he blazed a trail in the red sea of ​​e-commerce.

Successful counterattack.

That's why some people commented that Pinxixi is a magical company, which was born when everyone felt that the e-commerce landscape had been settled and the history books had been written.

The magic is still there.

It was the first time for young people to know about an Internet company. It turned out to be from the elders who usually cannot keep up with the trend in their eyes, and from the family group who usually turn to health chicken soup articles.

In 2017, Pinxixi gmv reached hundreds of billions of yuan, second only to Mobao and Jingdong. In November of the same year, the daily order volume had surpassed Jingdong.

It can be compared to -

It took 10 years for GMV to achieve the milestone of 8 billion, 5 years for Vipshop, [-] years for Mobao, and only two years and three months for Pinxixi.

Facts have proved that China's e-commerce market is far from saturated, and there is still a vast world.

Even in 2017, the gap between the rich and the poor is still large. Many urban and rural residents in the third and fourth tiers are affected by the local consumption level and their purchasing power is not high.

When other platforms are striving to create high-quality experience and serve middle and high-level consumers, Pinxixi chooses to do the opposite in order to acquire a large number of users.

Zhang Shuo has a deep understanding of this.

Take Mobao as an example, its positioning is becoming more and more high-end, but the price is becoming more and more "touching". Even the so-called Double Eleven is more routine than affordable.

Sometimes he would rather buy things offline than in Mobao.

The dragon-slaying boy back then had long since grown into a new magic dragon, and then became the largest tenant of the Internet, an e-commerce company, whose annual advertising revenue exceeded [-] billion.

It's hilarious in itself.

Zhang Shuo launched the Pinxixi project at this time. Naturally, he wanted to learn from the successful experience of the original space-time, and then eliminate some harmful elements, and make a compromise integration to inject new impetus into domestic e-commerce.

Personally serve neglected low-income groups.

As for whether it is profitable or not, Zhang Shuo is not very concerned.

Of course, starting the Pinxixi project now, because it is two years ahead of schedule, there is a big uncertainty, that is, Weixin, or smart phones have not yet been popularized in rural areas.

The rise of Pin Xixi can be regarded as the right time, place and people.

One is due to the popularity of 4G networks in rural areas, the other is the rise of domestic smart phones, and the third is the large-scale popularization of Weixin among middle-aged and elderly people in rural areas.

These three points are indispensable.

In 2012, this condition definitely did not exist, and the 4G network was only rolled out in cities on a large scale this year.

Mid-to-low-end domestic smartphones represented by Xiaomi have just emerged, and the main users are still in cities, and have not penetrated into rural areas.

Without the carrier of smartphones, Weixin's sinking would naturally be out of the question.

At least until next year.

Zhang Shuo's idea is to develop Pinxixi software first, and then form a team for trial operation. It will take one to two years to slowly accumulate experience in the e-commerce industry.

In the early stage, I would rather go slower than to say that the follow-up is weak.