I can become stronger by paying salaries. I have one billion employees!
Chapter 60: Xiao Ma didn't bow down? 1000 million angel round
Chapter 60: Xiao Ma didn't bow down? 1000 million angel round
A freshman in college, in two months, increased the number of users from 0 to one million, and the monthly sales volume is close to 10 million?
After listening to Chen Yansen's introduction to Fox Tao, Ma Wenteng just nodded slightly, with no surprise on his face.
With his vision, he has seen too many geniuses. Although Chen Yansen is excellent, he is not good enough to impress him.
Even the terrifying user-fission product of 0 yuan bargaining could not make his heart flutter.
Will QQ lack users and traffic?
As long as he wants, he can give a new product tens of millions of exposures every day.
"So, what makes you say that Paipai.com is doomed to fail?"
Ma Wenteng waved his hand and took the initiative to take over the conversation.
"First, it lacks a differentiated platform advantage. Consumers will choose Taobao and Yidong, while business users will choose Alibaba and Yidong. What does Paipai have? It's like three beef noodle shops on the same street. Taobao's noodles are affordable, Yidong's noodles are chewy, and Paipai's prices seem okay, and the taste is okay, but it loses because it has no unique characteristics."
Chen Yansen commented casually.
Paipai.com has an awkward position within Penguin. The board of directors wants to expand it, but due to limited resources and wavering strategies, it has never been able to obtain T0-level support from the group.
You can’t make it big, and you can’t die.
"What you said is worthless." Ma Wenteng was disappointed.
Well, what profound insights can a freshman have?
"Secondly, Penguin lacks the e-commerce DNA. It has neither put in the effort nor invested sufficient resources in supply chain management, cultivating user shopping habits, operating the platform, or developing a merchant ecosystem. If merchants can't make ends meet, who will follow them?"
Chen Yansen knows that for a comprehensive e-commerce platform, the core is not traffic and resources, but to ensure that all platform participants have a good experience, buyers can receive their favorite products, and sellers can make money.
The rise of Pinduoduo in the future will be a good proof of this point. As long as it is profitable, merchants will give it a try even at the risk of being fined.
"Third, and most crucially, Paipai's B2C business accounts for too small a proportion; it's almost entirely C2C. As long as the dark side of human nature persists, counterfeit goods will be impossible to eradicate under the C2C model. Even with QQ's endorsement, no one will dare patronize an e-commerce platform plagued by counterfeit goods."
Chen Yansen curled his lips in disdain.
In his memory, all platforms that dared to engage in C2C business, except for Xiaohuangyu and Zhuanzhuan, ended up in sudden death without exception.
"According to you, I should cut my C2C business and focus on B2C?" Ma Wenteng sneered and disagreed with Chen Yansen's opinion.
"Brother Pony, Penguin's core advantage lies in connecting people and content, not operating an e-commerce platform. Zheng Chunbin is not cut out for e-commerce, and neither are you."
Chen Yansen shrugged and told the truth.
But his words were so shocking and heartbreaking that Liang Youzhi and Liu Zhiping were stunned. Who would have thought that Xiao Ma Ge would be confronted by a freshman in person.
"Could it be you?" Ma Wenteng pushed his glasses, his face cold and obviously unhappy.
"If Paipai.com were in my hands, it wouldn't be difficult to increase its size several times a year, but I'm not interested in working for others."
Chen Yansen showed no fear and spoke in a relaxed tone.
"Did you meet Zheng Chunbin to solicit investment? Did the deal fail?" Ma Wenteng stood up and asked casually.
He did not get the answer he wanted from Chen Yansen. In his opinion, Chen Yansen's words were superficial. He was aware of those problems, but when it came to implementation, it was often a mess.
The person in charge has been replaced again and again, but to no avail.
"That's not the case. Mr. Zheng wanted to invite me to join Paipai.com, but I didn't agree." Chen Yansen stood up and politely made a farewell gesture.
Zheng Chunbin was rejected?
This kid is so arrogant!
Ma Huateng didn't want to pay any more attention to Chen Yansen. He felt that the previous ten minutes were a complete waste of time.
"Brother Pony, you think what I said is unreasonable. It's simply because of my identity that you have a prejudice. How about making a bet? I can use one year to get Fox Tao to 1 million users."
When Chen Yansen saw that Ma Huateng was about to walk out the door, he directly exposed his thoughts and threw out a very attractive gimmick.
He never thought that he could make a big shot like Ma Wenteng bow down to him with just a few words. It might be possible in novels, but in reality, it would be a lucky thing to be able to stop the other party and say a few words.
1 million users?
Ma Wenteng stopped and looked straight at Chen Yansen. The young man in front of him was tall and handsome, his eyes full of confidence. He had no idea what losing was. He looked into his eyes with a firm and powerful gaze.
This look reminded him of the beginning of his business. At that time, he did not have such a belief in victory.
"Martin, tell the investment department, and ask them to invest 10 million to see the results. By the way, what's the name of your product?"
Ma Wenteng turned around and asked.
"Brother Pony, our product is called Fox Tao."
Chen Yansen originally wanted to show off and achieve an achievement by rejecting Shen Chengma, but the other party offered too much.
What does ten million mean?
It is enough to increase the scale of the 0 yuan bargaining activity by ten or twenty times!
Chen Yansen looked at Ma Wenteng with a strange expression, muttering in his heart: Could it be that this guy is a masochist? My previous experience sharing failed to impress him, but after being criticized for a few times, he is chasing me for investment instead.
Isn't this shameful!
"Chen Yansen, right? My name is Liu Zhiping. You can call me Brother Martin. Wait here for a moment. I'll have someone from the venture capital department meet with you."
Liu Zhiping patted Chen Yansen on the shoulder and said with a smile.
Ma Wenteng's change in attitude made him see a glimmer of opportunity, and naturally he had a greater appreciation for Chen Yansen, who was able to make Ma Wenteng change.
Whether or not the 10 million is achieved is not important. The key is that he saw in it an opportunity to persuade Ma Huateng to change the group's strategy.
"Thank you, Brother Martin." Chen Yansen shook the other person's hand with a sincere tone.
Ma Huateng said nothing more and led a group of people towards Zheng Chunbin's office.
After everyone left, Song Yuncheng breathed a sigh of relief and said, "How scary! He's a super-rich man with a net worth of tens of billions. You confront him to his face, aren't you afraid that he'll get angry?"
"For someone like him, blindly trying to please him will only annoy him. Expressing a different opinion appropriately will make him feel special. Look, isn't that the 1000 million already in hand?" "Besides, am I really afraid he'll block my QQ account?"
Chen Yansen also breathed a sigh of relief and took a sip of the mineral water.
"Chen Yansen, you are really amazing." Song Yuncheng was amused by him, and his tense nerves gradually relaxed, and he sighed sincerely.
When Chen Yansen started to criticize Zheng Chunbin, she was scared. Unexpectedly, the situation took a turn for the better. Not only was the problem of domain name and IP blocking solved, but she also attracted 1000 million investment in the project.
"Actually, I'm even better in other areas." Chen Yansen added silently in his heart.
As for the little blue tablets and the like, he bought them with his own money, so of course they can be considered part of his strength.
The speed at which the process progressed subsequently was beyond Chen Yansen's imagination.
Perhaps because the amount was small, or perhaps because Pony personally instructed him to do so, Chen Yansen stayed at Penguin for a whole day, ate two employee meals, and received a financing contract before leaving.
1000 million in exchange for 6% equity!
Although Penguin Venture Capital was only willing to give FoxTao a valuation of 8000 million based on the maturity of its business model, growth data and market competition, Chen Yansen retorted with the statement, "It only took me two months, or to be precise, only one week, to break through the one million user level."
In fact, FoxTao is already the leader in the shopping guide e-commerce track, so its valuation will naturally be raised to a higher level.
Future competitors such as Mogujie, Meilishuo, and What’s Worth Buying have either not yet been established or are still developing and exploring profit-making directions, and cannot be compared with FoxTao at all.
In addition to Ma Wenteng's personal invitation, the contact person in the venture capital department considered it over and over again and finally agreed to Chen Yansen's offer.
So much money!
Now that he has boarded the big ship of QQ, who would dare to block his link in the future?
"Are we going back to Xucheng now?" Yun Cheng gently touched Chen Yansen and asked in a low voice.
This one-day experience at Penguin made her mature a lot. After all, she had met bigwigs like Ma Wenteng and Liu Zhiping. When she met with the investment department, she could calmly introduce the development status, existing data and future plans of FoxTao.
"When we go back tomorrow, you'll be responsible for booking the flight, preferably one that lands in the afternoon. Shenzhen is a great place, and I'll take you out for a walk in the evening as a reward for your hard work."
Chen Yansen thought for a moment and said.
"Boss, can I get a direct discount?" Song Yuncheng narrowed his eyes, with a smile on his face, looking flattering.
"Song Yuncheng, you're so short of money, why don't you want to be my girlfriend? If you think the money is too little, I can offer you 20,000 a month."
Chen Yansen said with a puzzled look on his face.
"Stop! Let's not talk about this anymore, otherwise..." Song Yuncheng subconsciously reached for a brick, but found that he didn't have a schoolbag with him. He then looked around, trying to find a handy self-defense weapon.
"Okay, okay, okay! You are such a boring person." Chen Yansen rolled his eyes, walked two steps to the side of the road and stopped a taxi.
After getting in the car, Chen Yansen asked the driver: "Master, where do the rich people in Shenzhen like to go at night?"
"I definitely want to go to Sun Island. There are so many beautiful women with great figures. It's a man's paradise!"
The driver spoke in the local dialect and gave an enthusiastic introduction.
"Pretty girl? I brought her myself." Chen Yansen pointed at Song Yuncheng.
"Go to Window of the World or Meisha Beach. These places are suitable for you young people." The driver heard that his Cantonese was not very authentic, so he switched to Mandarin.
"Then go to Window of the World."
If Song Yuncheng had not been brought along, Chen Yansen would definitely have chosen Sun Island to test the 18-year-old's sharp weapons and see if they were sharp enough.
Shenzhen is colorful under the night sky and is far more prosperous than an 18th-tier city like Xucheng. Chen Yansen took Song Yuncheng to visit Window of the World and then went to the beach to enjoy the breeze for a while. They did not return to the hotel until the traffic on the street gradually decreased.
"Song Yuncheng, come here!"
Chen Yansen walked into the room and saw Song Yuncheng holding a computer and preparing to book a ticket, and waved to him.
"What?" Song Yuncheng ran to him with a computer in his arms, thinking that he had something to tell him about work again.
"There's still a reward I haven't given you." Chen Yansen said mysteriously.
"It can be cashed..." Before Song Yuncheng could finish his words, his mouth was blocked by Chen Yansen.
With the experience from last time, this time when Song Yuncheng was about to bite hard, Chen Yansen retreated and avoided her biting attack.
"Wangcai! Good night!"
Chen Yansen showed a smile of success on his face, waved his hand, and walked straight back to the room.
Song Yuncheng stood there, looked at the half brick in his backpack, but finally couldn't make up his mind and picked up the weapon to chop Chen Yansen in the head.
the other side.
Rooms 206, 208, and 204 in the Entrepreneurship Park were brightly lit at this moment. After learning that Chen Yansen had solved the problem of link blocking, everyone shouted excitedly, venting the depressed emotions they had felt for the past two days.
"Brother Sen also said that Penguin invested 1000 million in our project!"
Zhuang Rui, who was sitting in front of the computer, added with a hint of hesitation on his face that when he saw the news, his first reaction was that he was dazzled, and his second reaction was that he thought Chen Yansen was joking.
"How much did you say?" Zhang Wenbo stood there in a daze, with an expression of disbelief on his face.
The expressions of the others were similar.
Today should be the last day for the new book list. My highest ranking was 17th, so I didn't make it into the top 10. How can I not feel regretful? Thank you all for your support!
(End of this chapter)
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