You call this entrepreneurship?

Chapter 196 Internet Thinking
The atmosphere in the reception room instantly became lively, and the venture capital representatives present were discussing with each other with smiles on their faces.

Everyone was satisfied with the plan proposed by Qin Shaoyan, and the benefits from this matter were quite good.

In the short term, it can harvest the resources of various political families. In the long term, the international summer camp event is an enhanced marketing promotion for Facebook.

What's more, the execution of this activity is not very difficult. Students from other countries can spend whatever money they want, which is nothing more than air tickets, food and accommodation, which is only a few dollars.

It's easier to handle it at the United Nations. Needless to say, these venture capital institutions have the connections to open up connections.

Just get a formal name, donate some money to the United Nations, and just file a report and the application will be approved.

Qin Shaoyan has already given a rough outline of the event planning content, and naturally someone will add in the details.

Summer camps are already a mature industry in the United States, and there is no shortage of talents who are familiar with this business and process.

All that remains is how to impress their target customers.

Representatives from Sequoia, Microsoft and Goldman Sachs mainly discussed this. They all have their own relationships and connections and have enough target customers to choose from.

Qin Shaoyan immediately got into the mood and began to say: "This international summer camp plan of Facebook is to build our own summer camp brand, scale it up and standardize it, and promote it to the world."

Taylor thought for a moment, seeming a little reluctant.

"I call it the Internet 2.0 era." Qin Shaoyan said proudly, "And Facebook is about to become the leader of the Internet 2.0 era."

Taylor and others became quiet and looked at Qin Shaoyan together.

Qin Shaoyan said with a smile: "We can build up the momentum in the early stage of the event first, and then see the effect."

Taylor then nodded, "Let's make the detailed plan first, and then we'll discuss it."

"It's like controlling the gate of a reservoir. All you have to do is open the gate to fill the water wherever you want."

Qin Shaoyan said modestly, "This is just applying Internet thinking to the real industry. The best idea is to build an Internet platform for the real industry."

"Parents of students do not need to go to their homes for consultation. They only need to open the Facebook platform on their home computers to see the status and fees of summer camps across the country, and then place orders and pay directly to reserve summer camp places."

Seeing everyone arguing, Qin Shaoyan interrupted: "Gentlemen, I have a suggestion."

Taylor looked at Qin Shaoyan in surprise, "This is your real plan, right?"

"The main profit points of this model are the franchise fees and publicity fees for business entry, and Facebook takes a portion of the management fee for every transaction on the platform."

"The second step is to collude with the American Summer Camp Association to introduce new summer camp standards and establish a review committee."

"We will give priority to recommending summer camps with high ratings to parents, and issue warnings or even remove camps with poor ratings."

“This will not only increase user stickiness, but also build a sufficiently deep moat.”

Representatives from Microsoft and Goldman Sachs also showed interest and made gestures to indicate to Qin Shaoyan to continue.

Taylor's eyes lit up and he felt that Qin Shaoyan's idea was novel and very ambitious.

Seeing that several venture capital representatives were a little discouraged, Qin Shaoyan decided to draw another pie for them, "Gentlemen, this international summer camp event is just a prelude to Facebook's subsequent development strategy."

"Summer camp is an important part of youth education and is also one of the goals chosen by Facebook."

As soon as Qin Shaoyan finished speaking, Taylor and others became energetic again and looked at him expectantly.

"Let's not rush to contact important guests." Qin Shaoyan said slowly, "We can start with some small political families. Their willingness to cooperate is stronger and their cooperation is higher."

Others also started to applaud, feeling that Qin Shaoyan's blueprint for the future was very exciting.

"However, these summer camps are too homogeneous, with different service levels, varying quality of employees, no unified standards for content quality, and fees throughout the industry that are not transparent."

"Because Facebook was developed on campus, we want to become part of the campus culture." Qin Shaoyan said seriously, "Everything related to students must be deeply penetrated into all aspects of food, clothing, housing and transportation, and influence students from all aspects, so that Facebook becomes part of student life.”

"If you want to gain, you have to pay first. This is a commonly used method in shopping malls." Qin Shaoyan said with a smile, "It will be easier to find small characters to carry out activities. We must first make the activities successful and achieve results, and then Customers will come to you automatically.”

"This is just my immature idea, and the specific business layout design has not been completed yet." Qin Shaoyan said lightly, "Actually, with the platform of Facebook, it is very convenient to control user traffic in any field."

"Facebook is going to enter the summer camp industry?" Taylor was stunned and asked hesitantly, "Why?"

"The third step is to build a special summer camp platform on Facebook and invite summer camp organizations from all over the world to settle in."

"We at Facebook should stand up and make changes to the entire summer camp industry and contribute to summer camp education in the United States."

"Our goal is to first build Facebook's own summer camp brand and attract customers with high-quality services and high-quality content." Qin Shaoyan thought while making up, "Use top-notch services and more cost-effective charging items to build our standards, this is the first step in the plan.”

"John, you always come up with something new for me." Taylor praised.

"Capture the market potential, horizontally transform the inherent play style, focus on the user perception track, empower the real industry through platform traffic, and achieve alignment with users."

"Include physical stores from various industries and use Internet thinking to connect online and offline."

Taylor couldn't help but start clapping, "That's great, John."

"John, what other plans do you have that you haven't told us?" Taylor said in surprise and complaint.

“Each summer camp can write its own information, photos, and videos on it, introducing the summer camp’s content and prices, as well as advertising slogans.”

"This is just a small part of the beginning. We have bigger plans and more promising plans ahead."

"The summer camp culture in the United States has a history of more than a hundred years. There are various summer camps across the country, and 10 million teenagers participate in them every year."

Taylor frowned, "We spend money to organize such a big event and only find a few small characters to be the protagonists. Isn't it a waste of resources?"

"Summer camp is just an attempt of this model. We will gradually expand to catering, hotels, tourist attractions and other industries."

“Not only that, users can also comment and rate each summer camp.”

Taylor nodded in agreement, as long as the Internet has traffic, everything will be possible.

Qin Shaoyan raised his head and looked at Taylor, "Mr. Taylor, is there no problem with Facebook's valuation of five billion US dollars?"

Taylor smiled slightly and raised his coffee cup, "I am very optimistic about the future prospects of Facebook. I think there is no problem."

The Microsoft representative nodded, "I agree."

A representative for Goldman Sachs echoed, "I agree."

"Then 20% equity, 10 billion US dollars in financing." Qin Shaoyan stretched out his hand to Taylor and looked at him closely.

Taylor stretched out his hand and suddenly asked: "John, do you want to cash out some shares?" Qin Shaoyan thought for a while, "Can I cash out 50 million US dollars?"

Taylor laughed, "Is fifty million dollars enough? Why not 100 million dollars?"

"Fifty million US dollars is quite a lot." Qin Shaoyan replied hesitantly.

Taylor smiled and stretched out his hand to hold Qin Shaoyan's hand, "Deal."

The two held their hands tightly together, and applause erupted again in the reception room.

Fred also breathed a sigh of relief, stood up and shook hands with the venture capital representatives one by one. After the financing was negotiated, the stone in his heart finally fell to the ground.

……

Watching Taylor and others get into the car and drive away, the smile on Qin Shaoyan's face disappeared and he turned to look at Fred.

"Fred, after the funds are in place, hurry up and burn money." Qin Shaoyan said seriously, "We will raise money again next year."

Fred was a little surprised, "Isn't this too fast?"

"No, it's not fast at all." Qin Shaoyan sighed, "Time is very precious to us."

Fred nodded in understanding, "Then I'll do my best."

Qin Shaoyan suddenly asked again: "Fred, are you interested in the shares in my hand? I can sell you some."

"Waltfalk?!" Fred was shocked. "John, are you crazy? No matter how interested I am, I don't have that much money to buy it."

"If you really want it, money is not a problem." Qin Shaoyan said with a smile, "There are always more solutions than difficulties. Find a friend to borrow it, or buy it with a loan."

Fred thought for a while and finally shook his head, "I don't want to think about this for the time being."

"When you have an idea, remember to tell me as soon as possible." Qin Shaoyan patted Fred on the shoulder, turned around and left.

Zhang Pingyi followed closely behind, hesitant to speak.

After a few seconds, Zhang Pingyi glanced around and whispered: "Do you really want to sell your shares?"

Qin Shaoyan was a little surprised, "Hey, Zhang Tianshi, your English level has improved so fast. You actually understood the conversation between me and Fred."

Zhang Pingyi glared at him, "The general conversation is okay, but I didn't understand what you and Taylor said."

"It doesn't matter if you don't understand." Qin Shaoyan said casually, "It's all useless stuff anyway."

"I understand when you say that." Zhang Pingyi looked like he suddenly realized something.

Qin Shaoyan was a little surprised, "What do you know?"

"They're all just money-scamming tricks anyway, right?"

"I was painting a bright future for them." Qin Shaoyan argued angrily.

"Yes, yes, that's it." Zhang Pingyi nodded fiercely.

"Can you please stop tearing me down?" Qin Shaoyan glared at him dissatisfied, and then sighed, "The sale of shares is half a test and half sincerity."

"The valuation of Facebook has risen too fast now, and Fred can't afford it." Zhang Pingyi also sighed, "You are right, someone did contact me and asked me if I could sell the stock. The premium is 50%. receive."

"Then what do you think?" Qin Shaoyan asked.

Zhang Pingyi glanced at him and said, "If I want to sell it, I have to ask you first."

Qin Shaoyan nodded and smiled, "It's not the time to sell it yet, please wait."

"Why don't I just sell it to you."

"Why should I buy your stocks?" Qin Shaoyan rolled his eyes, "I have enough to eat. I can't even sell what I have."

Zhang Pingyi frowned, "I hear you sound like Facebook is going to die at any moment. Tell me the truth, is Facebook going to work?"

“Do you believe that Facebook’s market value can reach US$500 billion?”

Zhang Minyi looked at Qin Shaoyan with suspicion, "Why do I become more and more suspicious that Facebook will soon fail?"

"Forget it, let's not talk about this." Qin Shaoyan changed the topic directly.

Zhang Minyi raised his head and looked at the sky. After a while of silence, he suddenly said: "You tricked domestic college students into coming to the United States just to serve as a foil for the Americans?"

"Of course not." Qin Shaoyan said expressionlessly, "I'm not that mean."

"The main reason I bring domestic college students here is to let them see more of the outside world and learn more about the real Europe and America, rather than the foreign countries in the various "Yilin" and "Reader" filters."

Zhang Mingyi was stunned, he didn't expect Qin Shaoyan to say such words.

He looked at his companion seriously, feeling that after being together for so long, he still couldn't see through him.

Qin Shaoyan said calmly: "We have entered the 21st century. Our country's open-minded view of the world has become short-sighted. Our young people are still looking up to the world and seeing the world in the words woven by various people."

"Walking more, reading more books, lest they fall into the trap of some people."

Zhang Pingyi was a little surprised, but also a little emotional, "Your statement seems to be very state-of-the-art and well-structured."

Qin Shaoyan quickly shattered this filter, "Of course, I am doing this activity mainly for marketing, promoting the campus network, and doing something structured by the way."

Zhang Pingyi nodded, nothing wrong, this is the Qin Shaoyan he knows.

"Zhang Tianshi, go to Los Angeles and look for any of our Chinese students, especially those studying acting. Ask them if they are willing to make extra money. Students from Korea and Japan are also fine." Qin Shaoyan suddenly said.

Zhang Pingyi was stunned for a moment, "Why are you looking for international students?"

"Of course it's for acting." Qin Shaoyan said confidently, "Reality shows also have actors in addition to scripts. Otherwise, how can this show be effective?"

"Ah?!" Zhang Pingyi was completely shocked, "Are you still going to act?"

"Otherwise?" Qin Shaoyan sneered, "How can we highlight the excellence of American students without acting?"

"Fortunately, there is Hollywood here, otherwise I really wouldn't be able to handle so many supporting actors."

(End of this chapter)