I can become stronger by paying salaries. I have one billion employees!
Chapter 188: The Report on the 100 Billion Investment, a Plan Two Years in Advance
Chapter 188: A Return on a 1000 Billion Investment, Planned Two Years in Advance (Seeking Monthly Tickets)
Even after the luncheon ended, Chen Yansen was still unable to change Zhang Yiming's mind.
At this moment, Zhang Yiming felt more and more that combining mobile browsers with search engine algorithms had great potential.
Chen Yansen chuckled and eventually gave up trying to persuade him.
After a short break, the process of trade and economic cooperation began. Some offline factories took the initiative to approach Wang Shubin of Shangtongda and signed agency operation contracts.
Song Yuncheng also signed several merchant entry contracts, since the factory owners who came to this exchange meeting were naturally not small-scale.
Thanks to Pinduoduo's outstanding performance during Double Twelve, Song Yuncheng came to the company effortlessly, with half of the customers actively seeking her out.
Gao Weilin was surrounded by many entrepreneurs seeking funding. After going around them, he had a thick stack of business plans in his hands.
Chen Yansen glanced at the time and, feeling the air in the conference room was too stuffy, pulled Wang Zihao outside for some fresh air.
Soon after, Cheng Weixing from Fancheng Technology came over and shared the time and place of the evening's gathering with Chen Yansen.
Seeing that he was quick-witted and shrewd, Chen Yansen, since he had nothing better to do, chatted with him for a while longer.
“I am a graduate of the Civil Engineering Department of Zhejiang University. In my sophomore year, I founded the magazine ‘Science and Technology Innovation’ and in my junior year, I founded Fancheng Technology. Although ‘Magic Academy’ helped me earn tens of millions, the new games launched in the past two years have not made much of a splash.”
Cheng Weixing introduced himself, and although he belittled himself, he gave Chen Yansen and Wang Zihao a mostly positive impression.
If you don't compare him to Chen Yansen, Cheng Weixing's resume is practically the template for a male protagonist in a novel.
He was already a multi-millionaire before even graduating from university.
Frankly speaking, Lei Yijun, who is the same age as him, definitely doesn't have that much money in his pocket.
Chen Yansen nodded slightly, thinking to himself: In the future, the power of discourse in the domestic game industry will gradually be concentrated in the hands of the leading giants.
With giants like Tencent, NetEase, and Perfect World dominating the scene, it's very difficult for newcomers to stand out.
If Cheng Weixing can see the situation clearly and transform his business in time, he may still have a chance to rise again.
Chen Yansen remained silent, silently making his own assessment.
"Therefore, I plan to leverage the resources of Fancheng Technology to develop an O2O ride-hailing app based on LBS technology. Simply put, it uses a GPS positioning system to obtain the geographical locations of passengers and taxis, allowing passengers to hail a ride anytime, anywhere, and enabling drivers to reduce empty mileage and increase their earning efficiency."
Cheng Weixing said with a smile.
Ride-hailing apps?
Chen Yansen was slightly taken aback, then asked curiously, "What's the name of President Cheng's product?"
"We haven't decided on a name yet, but I heard that Mr. Chen invested in a food delivery platform called Kuai Pao. I think the two business models are very similar, so why not call it Kuai De! The fastest taxi!"
Cheng Weixing answered casually.
Fast?
Founder of a ride-hailing service?
Chen Yansen knew that the ride-hailing giant that would emerge more than a decade later would be a combination of Didi, Kuaidi, and Uber China, with the interests of more than a dozen domestic and foreign investment institutions involved behind the scenes.
But who is Cheng Weixing?
Chen Yansen really had no recollection of it; he only knew that Didi's founder was Chen Wei, and his successor was Liu Qing.
At the same time, he understood what Cheng Weixing meant by saying these things; he simply wanted to attract investment or leverage Senlian Capital's reputation in the industry.
Is this the same fast taxi service he was thinking of?
Chen Yansen was a little puzzled, but he had a good impression of Cheng Weixing, so he didn't think much of it and asked with a smile, "Sounds good. Does this project need funding?"
In fact, Cheng Weixing is not short of money. He has enough funds to grow Kuaidi Dache to more than 500 million users.
But he knew in his heart that a completely new track requires a lot of funds to cultivate the market, which is very similar to the food delivery industry.
His concern is that subsequent funding will not be sufficient, leading to a break in the cash flow.
Cheng Weixing had gone to great lengths to hear Chen Yansen's words, and he calmly replied, "Thank you for your support, Mr. Chen. If needed, I can provide a more detailed business plan."
Does this thing even need a business plan?
Let's just burn money and grab the market!
Chen Yansen muttered to himself, but nodded slightly on the surface and added, "You should talk to General Manager Gao of Senlian Capital about this."
"Thank you, Mr. Chen." Cheng Weixing thanked him again after receiving a positive reply.
By partnering with Senlian Capital, Kuaidi Dache was able to quickly gain a reputation in the investment community.
Take Kuaipao as an example. Before Chen Yansen invested, not even an investment advisor paid any attention to Kang Guodong and Pei Yi.
Tencent, DST, and Sands Ventures have all expressed their intention to invest in KuaiRun.
In just two months, has the food delivery industry undergone a dramatic transformation?
Cheng Weixing knew that wasn't the case. It was just that Chen Yansen had invested in Kuaipao, and Tencent, DST, and Jinsha Venture Capital were simply following Chen Yansen's decision and investing as well.
Often, investment banking is like dating: I don't want what others don't want, and I want to get involved in what others are fighting over.
Chen Yansen smiled, and then learned that Cheng Weixing had even registered the trademark. He was certain that this "Kuaidi" was the ride-hailing app that had started the subsidy war with Didi.
As for Cheng Weixing, he was most likely kicked out by capital after his equity was diluted.
Even Chen Wei of Didi couldn't keep his CEO position. Although Cheng Weixing seems shrewd and has five or six years of entrepreneurial experience, he is clearly no match for the Liu family and big capital.
Chen Yansen asked Wang Zihao to go to the conference hall and call Gao Weilin.
Two minutes later, Gao Weilin strode over and, after listening to Cheng Weixing's introduction, took the initiative to shake hands and show goodwill.
Since it was an investment deal personally approved by the boss, he didn't need to worry too much. He just needed to complete the follow-up arrangements and acquire the most shares with the least amount of money.
Cheng Weixing's smile never stopped; he hadn't expected things to go so smoothly.
Receiving Chen Yansen's approval was an encouragement to him, making him firmly believe that Kuaidi Dache was a project with good potential.
He originally intended to use the team at Fancheng Technology to develop the Android version of Kuaidi Dache first, but after securing funding from Senlian Capital, he immediately decided to quickly build Kuaidi's own technical team and focus more on new products.
"Mr. Chen, please excuse me for a moment. Let's chat slowly tonight. Let me do my best to be a good host."
Cheng Weixing apologized and left with a smile.
"Brother Sen, these people are amazing! They even came up with this kind of product. I think it has great potential. Take the students of the Virtual Academy for example. Usually, when they go to the city, besides taking the bus, they can only take unlicensed taxis, which are fixed-price and take it or leave it. Once Kuaidi goes online, let's see if these bastards still dare to be arrogant."
Wang Zihao watched Cheng Weixing's retreating figure and couldn't help but sigh.
"Awesome? Awesome my ass! Lao Gao, what do you think?"
Chen Yansen curled his lip and said disdainfully.
"Mr. Wang, actually, this kind of O2O ride-hailing app already existed in the United States two years ago, and the product is called Uber; there is also a similar product in South America called Easy Taxi, which is very popular in Brazil."
Gao Weilin explained with a smile.
There aren't that many geniuses in this world; they're just people who stand tall, see a lot, and profit from information asymmetry.
Ma Liyun's Taobao imitated eBay;
Ma Wenteng's penguin is a copy of ICQ;
Youku Tudou imitated YouTube;
Didi imitated Uber;
Group buying imitated Groupon;
Xiaohongshu imitated Instagram.
Even Chen Yansen's Fox Tao was an imitation of Ebates.
Just as the entertainment industry has its translators, the internet and business world also have their own copycats. "Oh, I see," Wang Zihao exclaimed, realizing how little he knew.
"Learn English well, spend less time browsing foreign websites and watching less porn, and research more new products from abroad."
Chen Yansen joked with a smile.
"Brother Sen, don't slander me. I don't even know who Aoi Sora, Maria Ozawa, and Ayumi Yoshizawa are."
Wang Zihao chuckled, saying it on purpose.
"Zihao, you haven't watched enough films. These three actresses are no longer popular. Hara Ai and Mizukawa Jun are the real gems."
Gao Weilin put his arm around Wang Zihao and started talking as if no one else was around.
Chen Yansen smiled and shook his head, then walked towards the banquet hall. It was getting late; he could tell Song Yuncheng to leave.
After dinner, he had to rush back to Virtual City; tomorrow was Orange Technology's new product launch, and he couldn't miss it.
ten minutes later.
Chen Yansen and his group, along with Zhang Yiming, headed to the small tavern that Cheng Weixing had booked.
Zhang Yiming came to Hangzhou by plane. Although he had a car worth more than 20 yuan, he left it in Beijing.
Along the way, the two talked about their startup project again, and Zhang Yiming still couldn't stop thinking about his mobile browser.
“I suggest you investigate the market and competitors before making a decision. Since you don’t want to join Pinduoduo, have you ever thought about starting a new company together? You can be the CEO, and Senlian can provide you with funding and connections.”
Seeing this, Chen Yansen looked at Zhang Yiming seriously.
"Thank you for your advice, Mr. Chen. I have no objection to the cooperation."
Zhang Yiming readily agreed.
In terms of age, he is older than Chen Yansen, but in terms of achievements, he is far inferior to Chen Yansen.
Given Chen Yansen's wealth and status, he could stand on equal footing with figures like Ma Wenteng, Li Yanhong, and Ding Lei.
If he still doesn't agree, he'll be a bit ungrateful.
Moreover, he had some admiration and respect for Chen Yansen, and he was naturally very proud to be valued and promoted by Chen Yansen.
When they arrived at the tavern, they were the only table there. Cheng Weixing had paid for the entire place and specially treated Chen Yansen and the others.
"President Chen!" As soon as Chen Yansen appeared, the people in the room quickly got up and took the initiative to greet him.
Cheng Ou of Jumei.com, Lin Qi of Yoozoo Games, and Wang Shubin of Shangtongda.
Within the business community, strength is paramount.
Despite being the youngest, no one dared to underestimate Chen Yansen.
Chen Yansen glanced at the three men and greeted them with a smile, "President Cheng, President Lin, President Wang, please have a seat!"
Cheng Weixing, who was behind him, turned around to get the menu.
This is a small, privately-run restaurant. It doesn't look big, but the decor is exquisite. Even the chairs people sit on are made of rosewood.
As soon as the group sat down, Cheng Weixing came over carrying two bottles of Shaoxing wine and a menu.
Chen Yansen took the menu, ordered a few dishes at random, and then handed the menu to Lin Qi.
To put it bluntly, since everyone was unfamiliar with each other, there were more opportunities for cooperation than competition in their respective fields. Chen Yansen had no need to put on airs, and he acted very easygoing.
Cheng Ou and Lin Qi exchanged a glance, initially thinking that Chen Yansen was young and impetuous and might be difficult to communicate with.
But the other party's easygoing demeanor made them realize a truth: to have achieved such wealth at the age of twenty, one must possess both high emotional intelligence and intellectual ability.
After exchanging toasts and a few rounds of drinks, Cheng Ou asked with a smile, "Mr. Chen, I wonder if Jumei has any opportunities to join Pinduoduo?"
Cheng Ou was extremely envious of Pinbei's traffic. Even though he knew that Pinbei would poach brand resources from its partners, he still couldn't resist asking about it.
"Of course, no problem. But let me make this clear from the start: Pinduoduo does not oppose low-priced goods, but it has zero tolerance for counterfeit goods. The platform's penalty clauses are very strict."
Chen Yansen put down his wine glass and looked at Cheng Ou, giving him a reminder.
"Don't worry, Mr. Chen, if any counterfeit goods are found, I will compensate you tenfold."
Cheng Ou replied with a smile.
Clearly, at this point, he felt that he had extremely strong control over the suppliers and was confident that there would be no problems.
"Yuncheng, leave a business card for President Cheng. You'll be in charge of the communication."
Chen Yansen gave the order to Song Yuncheng.
"Okay, Mr. Cheng, this is my business card. You can have your company's marketing department contact me."
Song Yuncheng took out a business card from his bag and handed it to Cheng Ou.
Cheng Ou politely accepted it. He had heard of Song Yuncheng before. She was the number one employee of FoxTao and Pinbei, and she held the resources of key account brands and platform merchants.
Thinking of this, Cheng Ou picked up his wine glass to toast Song Yuncheng.
"I'm sorry, Mr. Cheng, I still have to drive my boss back home. I'll offer you tea instead of wine to wish you a pleasant cooperation and continued success for Jumei."
Song Yuncheng explained frankly and picked up his teacup.
"Okay, I'll have to rely on President Song's help in the future."
Cheng Ou didn't mind and drank the wine in one gulp.
Seeing this, Lin Qi from Yoozoo Games also had his assistant hand a business card to Song Yuncheng.
Although his company's products are mainly online games, the development trend of mobile games should not be underestimated.
Lin Qi naturally also had the idea of developing mobile games. What game companies like theirs lack most are mobile phone manufacturer resources like Orange Technology.
A game can often generate substantial revenue simply by pre-installing an app on a mobile phone or by heavily promoting it in app stores.
This is also the main reason why Xiaomi, Tencent, and Orange Technology can extract more than 50% commission in the joint operation of games.
The second half of the meal ended with the exchange of business cards and discussions about cooperation.
Gao Weilin stayed behind, planning to visit Cheng Weixing's company the next day to get a preliminary understanding of Kuaidi Dache's R&D progress and prepare for the next round of investment.
Chen Yansen led Wang Zihao and Song Yuncheng into the car and drove towards Xucheng.
On the way back, Chen Yansen felt that the trip hadn't been in vain.
He met Zhang Yiming and Cheng Weixing and reached a preliminary agreement on cooperation. Once these two investments are completed, they will generate at least hundreds of billions of yuan in returns for him in the future.
However, the ride-hailing industry is quite complex. If he wants to gain controlling interest, he will not only have to contend with Ali and Tencent, but also go head-to-head with the Liu family.
"Before the 4G licenses are issued, mobile apps will not be the mainstream. There are still two years to prepare, so there should be no problem."
Chen Yansen pondered secretly.
Godfathers, please vote for me!
(End of this chapter)
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