Rebirth begins with e-commerce

The rapid development of headlines quickly attracted the attention of major capitals.

Many people found Luo Xiu and wanted to invest money for him.

But Luo Xiu had no financing plan for the time being, so he declined one by one.

In 2017, Byte sold 9% of its equity and received a $2 billion Series E financing, with the company's valuation of $22.222 billion.

A year later, in 2018, Bytes sold only 5% of its equity and received US$4 billion in pre-ipo financing, with the company's valuation reaching US$80 billion.

In 2012, when Bytes was founded, it could only get 1 million angel round investment in Soft Girl Coins. The amount of equity sold was not disclosed, but it was definitely not less than 10%.

Of course, that investment was necessary for the original Bytes, but for Luo Xiu, it was a bit too much loss. He couldn't get back 20% of the equity.

It is more cost-effective to spend your own money while you can still get money now.

Headlines are just a leading product under Pinru Technology. When 4G networks become popular in the future, live broadcasts and short videos will rise, it will be the time when it is truly valuable.

At that time, he not only needs to exchange shares for money, but also exchange them for more other capital to resist that huge risk.

The same is true for rice balls. The battle between thousand groups is just a bubble that quickly shatters. The future takeaway subsidy war will be the real cruel battlefield, so he endured not to get financing.

It is August 16, 2011, and 4g has been officially used, but my country only started issuing 4g licenses in 2013, and then entered a stage of rapid development.

The speed of 4g is unimaginable for users with 5 yuan and 30m traffic.

People joke that they don’t see a single room in one night.

In the future, there will be pandas, beef fish, tiger teeth animal world war, Spring Festival Gala red envelope war, takeout, taxi...

It was a little excited to think about it.

Unfortunately, all this comes from the development of technology. 4g has not arrived yet, and Luo Xiu can only wait.

The only thing that made him feel regretful is that he has traveled back in time since 2020 and has not been able to see a more distant future. What epoch-making applications have 5g been given birth to and what epoch-making enterprises have been given birth to.

Repeat, it's August 16, 2011.

Luo Xiu sat at the Xiaomi 1 press conference and watched Mr. Lei give a passionate speech on the stage.

Mr. Lei said on stage that he wanted to be a mobile phone for enthusiasts.

So what kind of mobile phones do enthusiasts like to use? First of all, it must be dual-core, secondly, it must be large memory, and large screen...

Every time a parameter is spoken, it causes thunderous cheers.

Next, Mr. Lei showed a parameter table. The first row is Xiaomi's parameters. The following rows are the latest dual-core mobile phones of several popular brands, namely htc, Samsung, moto, and lg.

Luo Xiu felt a little moved when he saw this watch. In the future, only Samsung will be the only one left in these mobile phone brands. Even Samsung will lose its domestic market.

The first column is the processor parameters, Xiaomi's dual-core 1.5ghz, and the other models are also dual-core, but only 1.0ghz or 1.2ghz.

The second column is memory, Xiaomi also has the highest 1gb, while other brands are between 512mb and 1gb.

Next is battery capacity, screen size, resolution, camera, and almost every item Xiaomi ranks first.

The difference is that the price of Xiaomi's last grid is covered by a question mark, while the lowest price of the other mobile phones is 2,575 yuan (parallel goods), and the highest price is 4,999 yuan for Samsung.

This is also the common price of smartphones at present, with licensed goods basically ranging from 3,000 to 5,000.

Mr. Lei said passionately on the stage: "Xiaomi is not behind its peers in these core indicators. We use the same first-class suppliers, the same first-class assembly plants, and the same first-class testing process..."

"The parallel lg sold for 2,575 yuan, and the licensed Samsung sold for 4,999 yuan. How much do you think Xiaomi should be sold?"

At this time, a viewer in the audience shouted: "5000!"

Some people also shouted 6000, 7000, or even 8000, but they didn’t know if it was a entrusted.

Mr. Lei smiled and switched to the next page ppt.

The page shows a big question mark, and there is a line of text under the question mark: Xiaomi mobile phone retail price

This reminded Luo Xiu of those award ceremony. The host said a lot, not only not the names of the winners.

After leaving enough suspense, switch to the next page ppt.

There is only one huge one on the entire page: ￥1999

Seeing this price, the audience instantly became excited.

The sound of tsunami like mountains and seas lasted for about a minute before slowly stopping.

...

"Everyone must be curious about how to buy this mobile phone. Let me invite my investor Mr. Luo to introduce it to you."

Because of Luo Xiu's participation, this press conference is slightly different from that of his previous life.

In his previous life, Lei would always introduce to the audience how to buy Xiaomi mobile phones and launch Xiaomi online store.

Now, this part will be explained by Luo Xiu on stage.

"When I was in the audience just now, I kept thinking about a question, that is, what changes has technology brought to our lives?"

Luo Xiu has experienced many big scenes, allowing him to stand on the stage calmly and talk freely against this group of fanatical Xiaomi fans:

"Computers used to be a luxury that ordinary people could not reach. When Bill Gates started his business, he said that everyone should use the computer."

"I don't know how much Bill Gates has made to the popularization of personal computers, but I know that it is precisely because ordinary people can afford computers that the domestic Internet can give birth to Baidu, Alibaba, and Tencent... all these Internet companies we are familiar with."

"Our generation of entrepreneurs missed the Internet era, but I firmly believe that with the development of technology, our era is coming, that is the mobile Internet."

"So I founded Rice Ball, a mobile app that allows people to pick up their phones and can easily shop, order food, and make our lives more convenient."

"But smartphones are still too expensive for most people. If they can make smartphones cheaper and allow everyone to own a smartphone, then the business of Fentuan will expand infinitely."

"So I found Mr. Lei and told him if you can be our country's Jobs... Bah, no... told him if you can be our country's Bill Gates so that everyone can use their smartphones?"

"Today, I'm here to witness the price of 1999 with you. I think Lei hasn't let us down."

"In order to achieve this price, Mr. Lei and I decided to cut off all offline dealers and sell them only on Fantuan.com."

"Please remember that on August 29, Xiaomi mobile phones were officially launched on Fantuan.com."

"At the same time, I promise that the sales of this mobile phone will not make a penny for everyone!"

...

After Luo Xiu finished speaking, thunderous applause came from the scene again.

Xiaomi's first press conference ended successfully.