Reborn Entrepreneurial Giant

When the online car-hailing war was at its most intense, it burned 100 million yuan a day. Qu Li’s statement that he burned 100 million yuan a month is still very conservative. However, he did not intend to show his vision, but implied threats. What matters is not you Di Cheng, is this industry.

Before the show ended, Wang Xing asked a question, "Since you are optimistic about food delivery, is there any company that invests 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 who start businesses and have their own ideas, but you know, Jumei is willing to provide all kinds of help, but they don't like to interfere too much."

There are domestic media comparing 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 and process-based construction of foreign-funded enterprises and the flexibility of domestic enterprises. Flexible, impermeable.

Until now, although Jumei has become a major Internet company, its investment style is closer to that of Goose Factory in the later stage, making friends rather than paying for 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 main payment tool for domestic Internet users.

Wang Xingcheng and the others didn't understand Qu Li's appeal and the meaning behind mobile payment, so naturally they didn't know the price they had to pay. Of course, behind all unequal contracts, it depends on whether the company has the ability to perform the contract equally: can a company with a market value of 100 billion allow a company with a market value of 10 billion to take advantage of itself?

However, there is still a very critical point. Time is an independent subsidiary company with 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 VCs who invested in Time went to Beijin to chat with Qu Li, wanting to continue spending money.

Qu Li has been vacillating on this matter, which made them see an opportunity.

The valuation of Time Time financing must have been overestimated, but at that time a repurchase agreement was signed. If the company’s development fails to meet its goals, they have the right to ask Jumei to repurchase and guarantee their interests, plus Qu Li personally Backing, so the financing went smoothly.

There is also a repurchase agreement and a mandatory repurchase agreement. Jumei has the right to repurchase the owner's shares at a certain price, which is what Qu Li requested. Why bother? This involves the distribution of rights. Without this experience, Lu Qi and other executives who understand technology, market and management can only show Qu Li's foresight if they make mistakes.

Everyone knows that Time was founded by Qu Li, and everyone knows that his goal of building an app with one billion users is now achievable.

"It's better for you to negotiate the price. It doesn't matter if you want stocks or cash." Qu Li

"Don't think about it anymore?"

"For a longer-term goal, I have no choice." Qu Li said simply

"Can you tell me about your future plans?"

"No." Information is value. Now that you can see the indispensable value of Shiguang WeChat, wouldn't that make it difficult for Jumei to repurchase Shiguang shares?

"How big do you think Jumei can grow?"

"The market value of Jumei is less than 100 billion U.S. dollars, so I probably won't cash out."

Jumei now has a market value of more than 30 billion U.S. dollars, and it has only tripled to 100 billion. If these venture capitalists believe it, they are willing to use shares instead of cash to reduce the pressure on Jumei’s funds. Ari didn’t become wealthy until the U.S. stock market was listed. If Jumei is not short of money, it will take three to five years.

Seeing that Qu Li had made up his mind, several venture capitalists knew that they had no bargaining chips to oppose, so they could only fight for more interests afterwards.

"Are you free? Let's go get together."

"Sorry, there have been a lot of things recently."

"This time is different, you really have to give it a chance."

"What's wrong?"

"I would like to apologize to you, why don't you take a picture of the desk in my office."

"..." Qu Li didn't realize it for a while, he was not the kind of quick-witted person, are you asking for a crime, or do you really want to make amends?

"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..."

"It's really to apologize to you."

"If it's true, it's enough to bother me less." Qu Li

What he said 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's nose and scolded him so deeply, and then doubted some people's professional ability. If you look down on all kinds of entrepreneurs, who else can you fall in love with?

When entrepreneurs start to doubt the professional ability of venture capital, it often means that cooperation will change. Qu Li dared to say on the central stage that no one wants money, and dared to ask: "Apart from money, what can I do?" bring what".

Now the media and netizens recall that Qu Li was an entrepreneur with a lot of ideas at that time, no wonder he succeeded.

In the end, Qu Li did not accept the venture capital's invitation. For him, the past has passed. Although he feels a bit uncomfortable, he will not be entangled in the past. We are not in the same industry, and 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 would not look for him because she started a business with Zhang Yiming, but unexpectedly contacted him and asked him to come over to sleep.

"I'm finally comfortable. I haven't seen you for so long, but you haven't been wiped out by some vixen?" Chen Danni said lying on Qu Li's body

"My body is strong." Qu Li felt the softness on his body

"How many times a night can you be?"

"Uh, three times is fine." Qu Li's confidence was slightly lacking

"Really, why don't we try it tonight." Danni Chen hasn't had enough for a long time

"Try what, sleep." Qu Li will not be fooled, and he will exercise tomorrow

"Don't be so stingy!" Chen Danni felt a rare sense of fulfillment, and she was very satisfied

"If you go too far, you don't know. Be more careful 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 is not very interested, even if Bytedance appears again, he will not care.

Short videos and live broadcasts are the future outlets. Even if Qu Li knows it, he may not be able to lead Jumei's team to victory. We must know that under the goose factory horse racing mechanism, there are no less than 10 teams making short videos, and none of them can play. Can Qu Li stand in the limelight forever?

The trend of the future is changing, and Qu Li focuses on the same thing, making good products, prices and services. No matter how the future changes, he will eventually have his place in the world. It's like no matter how poor Goudong is, the foundation is still there, and there is still a chance after all.

Although the live streaming interest e-commerce cannot give consumers "benefits", it can bring emotional value. Some people may like the feeling of "buying, buying, buying" on impulse.