Rebirth 07 Becomes the First Internet Celebrity.
Chapter 308 Women's Menstrual Business
Jiang Xue followed Yang Wengang to the company.
Jiang Xue looked at the pile of documents in front of her and flipped through them casually.
Yang Wengang explained to Jiang Xue on the side.
"The private equity fund company today is called Tianhong Fund. Their head is Yin Tianhong, who returned from a prestigious foreign university. He also worked on Wall Street before. His resume is quite impressive. Tianhong Fund was established not long ago. Yin Tianhong and Cui Ziqian from Hong Kong seem to be alumni. Cui Ziqian is a wealthy second-generation from a wealthy family in Hong Kong. His family invested in Jingsheng's project, so he used his connections to raise funds for his friends." Yang Wengang and Jiang Xue explained the relationship between the few people.
"Then do you think private equity funds are worth investing in?" Jiang Xue asked.
"I don't recommend investing in institutions like them. The investment amounts are relatively large and the projects require a lot of funds. A friend of mine invested in a large private equity fund company in the industry a few years ago, and he hasn't gotten his money back yet."
"Of course, many people also made money by following the example." Yang Wengang did not say it too firmly.
"But most of them either want to trick you into investing or into taking over. Some private equity fund managers even use your money to gamble. If they win, they make a lot of money. If they lose, they can make a small profit by collecting management fees. The moment you buy in, they have already made money. Unless you have the foresight to pick out a project or manager with a very small probability of being successful, the probability is very small, because it is not our turn to get a profitable project. Even if it is our turn, they will follow up with investment later. So I think it is better for our company to play it safe and not get involved."
After Yang Wengang finished speaking, he noticed that Jiang Xue was staring at a project book in front of her in a daze.
He followed Jiang Xue's gaze.
It is a mobile APP called Youzi that helps women record their menstrual period, pregnancy, and parenting.
Jiang Xue had this software on her phone in her previous life.
The reason she was in a trance was that she thought of a news report about this software that she saw in her previous life.
The dream of Yuzibang to go public three times was shattered, saying that it was a women's menstrual business that had fallen out of favor.
The news content included her financial report profits in the past few years, which were all in the hundreds of millions.
But after the glory days, it went downhill. Daily active users decreased, and it was overtaken by its peers.
Jiang Xue is estimating whether this project has the prospect of being worth investing in.
Before Jingsheng acquired Jiang Xue, it told Lu Rang and Sun Jin that going public was a very long process.
Advise them to lock in their profits.
Some of the investment-related books or materials she had read, especially those about foreign investment cases, showed that the proportion of investments exited through listing was less than 20%.
More than 80 percent of exits were through mergers and acquisitions.
Basically, investors invest a sum of money and then sell it to the next buyer after it appreciates in value.
However, many Chinese investment companies regard listing as their main exit channel. They will not exit until their invested projects are listed and they have made a lot of money.
Jiang Xue continued to flip through the project book and finally decided to take it out separately and hand it to Yang Wengang.
"I'm quite interested in this project. You can discuss with Tianhong Fund how much to invest and how to cooperate."
"We still have to spend part of the money we got from Jingsheng, so that they won't keep thinking about it." Jiang Xue said in a deep voice.
"Okay, boss." Yang Wen was just trying to persuade him, but after the boss really made the decision, he immediately didn't say a single extra word. Instead, he took the information and prepared to make the arrangements after the boss left.
Jiang Xue told Yang Wengang in detail about her meeting with Lu Xiaojun today, and handed Yang Wengang his thin plan.
Then he expressed his own opinion: "I am also optimistic about this project. However, he only has a single idea now, but the overall logic is quite mature, and it is feasible to develop a home furnishing after-sales service platform. Can the company find a suitable person to work with Lu Xiaojun to supplement some imperfect points of this project? In the future, this person will represent the company to cooperate with Lu Xiaojun to build and incubate this project together."
Yang Wengang thought about it and called a thin woman in her twenties with a low ponytail and glasses to come in.
"Her name is Zhang Jing, and she works in the marketing operations department. She has previous work experience in a furniture company, so she seems to be a good fit." Jiang Xue greeted her.
Jiang Xue handed her Lu Xiaojun's information.
Wait until she finishes watching the two of them before discussing it.
Yang Wengang gave the space to the two of them, said goodbye to Jiang Xue, and went to do other work.
After waiting for a while, Zhang Jing finished reading. Jiang Xue told her what Lu Xiaojun had done so far, including the online store and the white list of masters from all over the country, and asked for her opinion.
She was a little nervous, but she knew this was a great opportunity for her, so she organized her words and expressed her opinions.
“I think it’s mature and feasible.”
"I live on my own. I am a very independent girl. I like to do some handicrafts and have good hands-on skills, but some things still need to be done by professionals."
"I moved a while ago and found a technician from a small advertisement posted in the corridor to help me move my air conditioner."
"The other party was so unprofessional. First, he made the floor of my new home dirty. When installing the air conditioner, he also scratched the wall of the new rental house. After the installation, the air conditioner, which had been working normally before, was said to have no fluorine and needed to be refilled.
In the end, in addition to the relocation and installation fee agreed upon at the beginning, they also charged for fluorination. I felt like I was robbing someone because of the nature of their work. They didn’t want to have business with me next time. They didn’t have a standard fee. After I bargained, I still felt like I was being ripped off.”
"Having such a platform can solve the life needs of most families."
“And the information also said that starting with online furniture e-commerce merchants, the initial customer base is stable.”
"It's not just furniture installation and repair, but also bathroom, lamps, clothes hangers, wallpaper, even lock picking and sewer unclogging. There are so many categories that can be done! It covers all the accidents and problems encountered in daily life. If there is such a website, I would rather post my needs on the computer, and it would be best if multiple masters can give me quotes for me to choose from.
In addition, it would be best if the master had a review and scoring system similar to Taobao. In this way, facing open and transparent quotations and the evaluation of the master by the previous customers, it would help the user to choose a moderately priced and well-reviewed master to serve themselves.
This model is much better than looking for small advertisements in the corridor or looking for a technician in the market who you don’t know if he can solve the problem or if he will ask for a higher price.”
"I like this model, I think it's feasible." Zhang Jing said, not knowing whether what she said met Jiang Xue's requirements.
Before she came over, President Yang had already told her that she, as the intern manager, was the big boss behind the company.
Tell her to behave well.
She racked her brains to think of the above content, and looked at Jiang Xue a little nervously after she finished speaking.
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