Reborn Entrepreneurial Giant.

Chapter 49 Fashion E-commerce

The negotiation between Xiong Ge and Shen Nanpeng ended quickly. Sequoia took 15% of Wanheihei's shares, and IDG followed suit and asked for 5%.But things obviously won't end so quickly. Qu Li's net worth can enable him to open private banking business at HSBC. Where does the money come from? How can he have such knowledge and perspective?

"I know your concerns. Although what I am doing is not glorious, there is no legal risk. HSBC Private Bank and a well-known law firm in Yangcheng have given me a positive answer to this point."

"How on earth did you make so much money?" Xiong Ge began to believe it.

"This story is a bit legendary. Didn't I dye myself a crazy haircut in 2004? At that time, I didn't want to accept my fate and wanted to make changes. I won't tell you the specific process. Anyway, Finally I decided to take a big gamble.”

“Didn’t there be a Greek miracle in the European Cup that summer? I liked football very much and knew about Reghar’s miracle in Kaiserslautern, so I went to Xiangjiang and spent more than 1 yuan with all my wealth to buy a Greek miracle. To win the championship, the odds were more than 110 times when I bought it, but later dropped to 81 times.”

"The more than 100 million I earned from gambling gave me a huge change. I don't know how I changed at that time. Anyway, a week later I went to Xiangjiang to cash out the more than 100 million. At that time, I hadn't decided what to do. It happened to be Penguin’s listed stock price fell below the issue price, so I spent most of my funds to buy Penguin’s shares.”

"That's when I started to get in touch with the financial market and know what a turbine is. Maybe because of luck, I met some friends in China. Through learning, I learned what stocks and securities are, futures warrants, what leverage is, and why the risks are extremely high."

"I won’t go into details about how to make money. Others are doing the operation. Don’t worry about compliance issues. All transactions in Hong Kong are through HSBC Private Banking. In China, I cooperate with Zhaoshang Securities Asset Management Company. If there is a problem, they are their fault. The problem."

"..." Qu Li is a legend, it's incredible

"How about I make an appointment with Wu Hongning, the person in charge of Shang Asset Management Company, to meet with everyone?"

"That's good. It's a good time to get to know the financial elites in Yangcheng." Shen Nanpeng also wanted to find out the details about Qu Li.

"Wu Hongning used to work in Yangcheng. Maybe he has a background in his family. He caught up with the trend of private equity for securities companies. He blocked it. Now he is the actual person in charge. It was just established at the beginning of the year. In less than half a year, one of its products has doubled. . Now transferred to the headquarters, it seems to be expanding the scale from the current 10 billion to 100 billion."

"You have a good relationship?"

"I am in charge of his doubled product, but in name only I am a consultant."

Qu Li's invisible pretense finally let them know the "truth". It turned out that Qu Li was still an out-and-out financial genius.

"Then I want to meet you even more!"

"No problem, I'll make an appointment with him right now..." Qu Li didn't waste any time and quickly made an appointment with Wu Hongning. The so-called venture capital inevitably needs financial support. Private equity giants like Zhaoshang Securities Asset Management Company will do so in the future. There will definitely be a large amount of funds that need to be found. It would be a good idea for both parties to meet and cooperate.

"Do you still have the habit of gambling?" Xiong Ge asked carefully

"Since 04, I have bought 6 yuan of football lottery tickets for Italy's championship in China and 5 yuan in Hong Kong for this year's World Cup. In fact, as far as I am concerned, it doesn't matter if these things are made public, but I don't know if it will affect the company. Image, or if I make it public now, it won’t have any impact when the company gets bigger in the future, right?”

"I think it's better not to make it public. When the company goes public, it may be a good talk if someone mentions it. Now the consequences of making it public are unpredictable, so don't take the risk." Shen Nanpeng said calmly.

"That's fine, everyone took the risk to invest in me this time, and I won't deliberately hide the potential risks. It's still too late to regret it now." Qu Li said grandly. In fact, he didn't care much about their funds. Wan Hei was black and yellow. It's just bad, he has better projects.

"This little thing has nothing to do with the overall situation." It is impossible for them to review the founder's assets anyway. Qu Li has already explained that although it is a bit exaggerated, it is possible.

In the next few days, Shen Nanpeng and Xiong Ge did not find excuses to abandon the investment. Instead, they held detailed discussions with Qu Li on the company structure and financial system, including the establishment of an offshore company to facilitate listing overseas.

Time suddenly came to October. Shen Nanpeng introduced him to an experienced financial director with a monthly salary of 10, who previously worked in Xicheng.

"I introduced you here because I hope you will help Quli District President, not help me control this company. I hope you must remember this." Shen Nanpeng said in front of Quli

"If you are unhappy here, you can complain, but this company has one and only one core. If you make a mistake, I will kick you and Neil out together." Qu Li said seemingly jokingly.

Of course Shen Nanpeng would not take this sentence as a joke. A genius like Qu Li cannot be calculated based on common sense, and no one knows what kind of potential he hides.Investment is for making money, not for grudges. As long as Wanheihei develops well, everything will be fine.

However, Wanhehei is only suitable as a company name, not a brand name.

"I said before that Wanhehei is a clothing e-commerce company, but the key point is to create a middle platform system, which is the middle platform for all businesses, data and information. This middle platform can connect to clothing and cosmetics..." There are constraints in the signing. After the sexual contract, Qu Li once again came up with a more "real" plan.

"I haven't decided yet whether I should focus on clothing e-commerce, connect production and sales through the Internet, and then launch brand marketing. Or should I be a fashion e-commerce platform that sells clothing, shoes, bags, and beauty products from major brands at the same time? Protect."

“What’s the difference between doing fashion e-commerce and Taobao?”

"We all adopt a self-operated model, which will provide better after-sales service, higher consumer trust, and faster delivery."

"How are you going to do it?"

"I have always emphasized the concept of middle office, which is actually derived from the two concepts of front office and back office. As long as a strong middle office system is established, we can calmly cope with various challenges, whether it is clothing or beauty and skin care."

"No other company has your middle-end system, right?"

"If you have them all, or if you can set them up easily, then there is no business for me. Only with top talents like Lin Bing joining me can I have the confidence to run a fashion e-commerce business. Of course, if you object, forget it. The logistics system of e-commerce is more complex and will slow down the construction of self-operated brands. The only advantage may be that the revenue data will be better, but the profit margin will be reduced." Qu Li honestly said that he didn't care anyway.

"Let's ask Xiong Ge to come over and discuss it together!" Shen Nanpeng suddenly felt a headache.

"I'm serious. I don't mean to test you. Being a fashion e-commerce business is dispensable. You still have to rely on self-operated business to make money."

"I know, but if you want to go public as soon as possible, you have to..." Shen Nanpeng stopped talking.

If you want to go public, you must have good financial data, and the positioning of fashion e-commerce, not only has good data, but also better tells stories in the capital market.

"Fashion e-commerce?" Xiong Ge was dumbfounded as he just came over from Zhou Shaoning. Clothing e-commerce and fashion e-commerce, are they still the same company?