Since they are reborn, they must be supported by the school beauties.

Chapter 233 If you're late, there won't be any good seats left.

Chapter 233 If you're late, there won't be any good seats left.
For Chen Cheng, when poaching or recruiting, he tries not to talk to job seekers about their ideals and ambitions, because no matter how grand his vision of the future may be, it has little to do with these job seekers.

Therefore, the most direct and effective way is to let money speak for itself.

There are many employed people like Jin Xin who are looking for a better job while still employed, and their main criterion for evaluation is still salary.

A 50% raise wouldn't be a burden for Chen Cheng, but for Jin Xin, it would definitely be a significant leap in income.

Moreover, Chen Cheng promised him: "After you arrive in Jiangcheng, as long as you pass the probation period, we will give you a housing subsidy of at least 1000 yuan per month. In addition, we will also provide a meal allowance of at least 20 yuan per day, which will further help you increase your income and reduce your expenses."

Jin Xin was immediately tempted.

The pace of life in Yanjing is fast and the cost of living is very high. Rent, transportation, and food are all much higher than in second- or third-tier cities. If you really go to Jiangcheng, you can save at least tens of thousands more a year.

So he immediately said, "I'll go back and meet with my team members to see if they're interested."

Chen Cheng nodded: "No problem."

Jin Xin asked him, "Mr. Chen, have you always been in Yanjing? If someone under me agrees to join, should I contact you to arrange an interview?"

Chen Cheng waved his hand dismissively and said, "You have the absolute right to build a team that suits you. I also believe in your ability and vision. So as long as someone you think is good and agrees to join, they can come directly. As I said, the salary will be 50% higher than their previous salary. When the time comes, have each of them bring bank statements stamped with the bank's seal. We will use their salary from the most recent month as the base and increase it by 50%."

At this point, Chen Cheng instructed him: "However, since they are your team and your people, their performance and results should be linked to your KPIs. If you recruit a bunch of mediocre people, they will affect your KPIs, so I hope you can do your best to screen and select them."

Jin Xin assured, "Don't worry, Mr. Chen, I will only hire people who are well-known, capable, and trustworthy."

Chen Cheng readily extended his hand to him and said, "Then I'll wait for your good news."

Over the weekend, Chen Cheng interviewed nearly 20 people through headhunters.

Of these 20 people, most are technical backbones and middle and senior managers of well-known internet companies. In addition, there is also the human resources director of an internet company.

His strategy for this recruitment drive was to first persuade middle and senior management, and then give them the opportunity to recruit his subordinates.

Some people are dissatisfied with their company and are even willing to bring their entire team with them.

Normally speaking, poaching people like this is indeed a bit excessive.

But then he thought of his senior classmate from Jiangnan University, Mr. Lei. Mr. Lei's style of doing things has always been decisive and efficient. When he was preparing to build cars, he reportedly took away most of the research team of a traditional car company.

Although the other party was so angry that they cursed, I did indeed receive real benefits.

One person forming a team is certainly not as effective as an entire team joining in.

While it's unethical for me to poach your people, you should also reflect on why I poached them in the first place. This proves that you yourself have problems.

If you make an enemy of me because of this, I don't care at all. It all boils down to these four words: I'm indifferent to life and death, and I'll fight you if you disagree.

On Sunday evening, Chen Cheng arranged to meet Li Dong at the hotel restaurant.

Upon seeing Chen Cheng again, Li Dong truly understood what it meant to be "a scholar who has been away for three days should be looked at with new eyes".

According to IDG's internal valuation logic, if Xiaonei.com can maintain its current revenue level and growth rate, and develop for a few more months, its valuation will exceed 500 million RMB.

If Xiaonei.com continues to experience explosive growth, its valuation has no upper limit.

Looking at Chen Cheng's slightly immature face, he felt that this world was sometimes too magical. How could an 18-year-old boy build such a large-scale business in such a short period of time?

In today's Chinese internet, there are quite a few young people who can build a successful career as individual website owners.

However, those personal websites are considered to be doing very well if they earn a million a year. Compared to behemoths like Renren.com, which can earn tens of millions a month, they are simply incomparable.

He suppressed his amazement and asked Chen Cheng his first question: "By the way, Mr. Chen, did you meet with Shiyu during your trip to Yanjing?"

Chen Cheng didn't expect that Li Dong's first words to him weren't about work or the situation and progress of Renren.com, but rather whether he had met with Liu Shiyu.

However, he didn't gossip, and just casually said, "I had dinner with Ms. Liu on Friday night. I've been busy with interviews these past two days and haven't seen her."

At this point, Chen Cheng deliberately asked, "Manager Li and Teacher Liu are both in Yanjing, so it should be quite convenient for them to meet, right?" Li Dong chuckled and said, "Theoretically speaking, it is very convenient to meet. I work in the Financial Street area, which is not far from their orchestra. However, Teacher Liu doesn't seem to want to meet with me. I've asked her out several times, but she always says she's too busy and politely declines."

Chen Cheng nodded and said, "Teacher Liu seems to be quite busy. After all, she just arrived. Not only does she have to adapt to the rhythm of the orchestra, but she also has to find a way to integrate into this unfamiliar environment. She must have to put in a lot more time and energy than the average person."

Li Dong agreed with Chen Cheng's statement and said with a smile, "It's alright, I'll ask her out for dinner after she's finished with this busy period."

Then, Li Dong chuckled self-deprecatingly and said, "I guess she doesn't want to meet me, mainly because our teacher has been trying to set us up. She's used to being free abroad and might not be used to this kind of thing."

Even if Chen Cheng were an idiot, he could tell at this moment that Li Dong had feelings for Liu Shiyu.

Chen Cheng had heard Liu Shiyu mention before that Li Dong was her father's student, and that Li Dong was a handsome and talented man with an outstanding job. In Liu Shiyu's parents' eyes, such a young man must be an excellent candidate for their future son-in-law, so it was understandable that they wanted to match the two of them up.

Before Chen Cheng could speak, Li Dong skipped over Liu Shiyu's topic and asked him, "By the way, Mr. Chen, how did the interviews go these past two days? Did they go smoothly?"

"smoothly."

Chen Cheng smiled and said, "As long as I've set my sights on someone, I've negotiated with them all without exception, and they'll be coming to Jiangcheng to start working in the coming period."

Li Dong asked in surprise, "With such a high success rate, does President Chen have some special secret to poaching talent?"

Chen Cheng smiled and said, "Nothing special, just being generous. These people will undoubtedly disrupt their life and career plans if they go to Jiangcheng to develop, so we can't be stingy with money. I give them a guaranteed salary increase of 50%, and some will even increase to 100%. In the workplace, nothing is more sincere than talking about money."

Li Dong exclaimed, "That's right! It's rare to find a boss like President Chen who is so straightforward about money. It's just that Renren.com might not have a suitable position for me, otherwise I would like to switch jobs there."

Chen Cheng laughed and said, "Manager Li, I advise you to avoid saying polite things. Don't think that Xiaonei.com doesn't need people with investment expertise. In fact, starting from the first quarter of next year, Xiaonei.com will be able to establish its own investment department to invest in promising internet startups."

Li Dong asked in surprise, "So early?! Mr. Chen, you haven't even secured any investment yourself, and you're already going to become an investor?"

Chen Cheng nodded and said with a smile, "As long as the revenue of Renren.com can maintain a rapid growth trend, I am confident that I can guarantee a sufficient profit margin. For Internet companies, too high a profit is not a good thing, so most of the profit should be converted back into costs and the profit margin should be reduced. To achieve this, I need to increase my own investment on the one hand, and increase investment in the entire Internet on the other hand."

Li Dong looked at Chen Cheng as if he were looking at a monster.

Logically, it's not unreasonable for an 18-year-old prodigy to know how to appeal to college students like himself and develop a product that precisely caters to them.

But this 18-year-old prodigy's grasp of the big picture is more mature than imagined, which is a bit frightening.

Internet companies, once they do well, can generate very high profits. Take Shanda, which rose to prominence a couple of years ago, for example; its profits were shockingly high.

In fact, everyone is pursuing high profits now, but many companies have not yet found a way to improve their profit margins.

Chen Cheng's intention to reduce profits means not pocketing them, but reinvesting them. This vision surpasses that of 99% of business owners today.

Seeing him frowning and remaining silent, Chen Cheng smiled and asked, "What are you thinking about, Manager Li?"

"Ah? Nothing..."

Li Dong smiled to cover his embarrassment, and then said, "If President Chen really wants to make an investment next year, then we can talk about it in advance. If we can really hit it off, I also look forward to becoming a part of Xiaonei.com."

"no problem."

Chen Cheng agreed, and then said very seriously, "Give me a few years, and I can create China's largest internet venture capital fund. Not only will it be the largest in scale, but its returns and success rate will also be the highest. So if you really want to get on this train, I think the sooner the better. If you wait too long, there may not be any good seats left."

Chen Cheng has now begun to integrate Xiaonei.com with those internet products that are bound to become wildly popular. Originally, this was something that Tencent should have been doing, but Tencent is now a step behind. Being a step behind means being two steps behind, and two steps behind means being three steps behind. In the future, his path of creating a Frankenstein's monster will definitely become extremely bumpy, and most of his profits will be captured by Xiaonei.com.

In this way, Renren.com can become a true cash cow.

With this cash cow as a foundation, they can squeeze out all the remaining milk and use it to nourish those internet startups.

With the added advantage of being a reborn individual, he's absolutely guaranteed to make every investment a success.

When that day comes, I won't have to struggle with starting and developing projects anymore, because the entire internet will be making money for me.

(End of this chapter)

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