Reborn 2005: The Internet Myth
Chapter 43: How Much Philosophy Is per Pound
Westerners are more popular in sharing meals, and they don't know how to use chopsticks, so Wang Zheng didn't prepare it for them.
There are still common topics. The Olsen sisters are now the presidents of Double Star Entertainment, and they have officially given up acting and going into business.
This company was opened by two sisters when they were young. Its main business is their peripheral products and an affordable youth brand, which is very popular in Midland.
When she grew up, she started running her own business, and created a high-end brand, The Row, and an affordable luxury brand, E&J. This affordable luxury brand was named after Omei's name, Elizabeth.
Double Star Entertainment is now worth US$500 million, with annual sales reaching US$78 million, and it has frequently cooperated with Meta.
Speaking of sales, Wang Zheng asked curiously: "Your main sales channel for affordable clothing is still Wal-Mart? Have you not considered e-malls?"
Ashley shook his head: "We have tried, but Amazon's advertising costs are too high, the return rate is also high, and the sales volume of the e-mall is not as high as Wal-Mart, resulting in very low profits."
What she said is correct. The investment in building an e-commerce platform is huge, but the return rate is actually very low.
Because the data center, warehousing and logistics required by the e-commerce platform are all expensive, if the platform does not engage in promotion business, it may be lost to grandma's house.
Wang Zheng didn't say much, but simply said: "E-malls will be a big trend in the future. Meta will also launch this business later. I believe your concerns in this regard will be resolved by then."
Aomei was very interested: "Meta also wants to be an e-commerce company? Is it the same as Amazon?"
"No, we plan to do something different." Wang Zheng said to Ashley, who was also interested: "Our model will be B2C, with Meta directly purchasing and responsible for warehousing, sales, logistics and after-sales links.
Manufacturers only need to be responsible for on-demand production delivery and promotion."
“An online Walmart?”
This description is correct, it is really such a pattern.
The main profit points of this model are the significant reduction in costs when large-scale centralized procurement of products, as well as the cost reduction brought about by self-built warehousing and logistics.
Of course, this investment will be very large and last for a very long time. Just look at JD.com. After more than ten years of development in the express delivery business, it finally had to spend a lot of money to buy Deppon to enhance its competitiveness.
However, once this model is completed, the overall value will be very high, far exceeding the development potential of C2C.
After lunch, Wang Zheng sent the three sisters to a nearby Hilton to settle down.
Because they planned to visit Stanford in the afternoon, Wang Zheng didn't want to go out with the three of them at the same time, so he found an excuse and went to Ultron to catch fish all afternoon.
At 8pm, happy hour officially begins.
Catherine rented a bar of about 400 square meters, which was divided into upper and lower floors. This girl is indeed a party creature, and the band, DJ, etc. were all arranged very thoughtfully.
When Wang Zheng went to Stanford to pick up the three sisters and rushed to the bar, it was already quite lively.
These people are the atmosphere group arranged by Catherine, and most of them are girls - in fact, there are quite a few people in Midland who like to party, and after all, it's free.
Within a few minutes, many of the friends they invited came one after another.
Most of the Olsen sisters’ friends are people from the film and television industry who have settled in California. Wang Zheng doesn’t know any of them, so he greets each other. For example, he has to greet Jeff and Peter, and some of the friends they brought with them.
One of them Wang Zheng has also met, Rhett Hoffman, whom he met once at the last dance held by the Stanford Entrepreneurship Center. He is also a member of the PayPal gang and is a very good friend of Peter Dill.
After Jeff went upstairs, he saw the Olsen sisters at a glance, but he didn't pay much attention. He greeted Wang Zheng: "Phil, it's a great party."
After that, he introduced Wang Zheng to the friends he had brought with him, many of whom were independent investors who had successfully started their own businesses.
It seems that the rich second generation of the Rothschild family is indeed not without merit.
Just looking at the friends he made, none of them were unknown.
This kind of party is the most common in Midland, and it is mainly about having fun. As for interpersonal relationships, they are basically just familiar faces and will not be discussed in depth.
If we really want to become friends, it would be very early.
Wang Zheng was holding a glass of whiskey, leaning against the railing on the second floor, looking down at the people on the dance floor who were twisting their limbs crazily to the music, wondering what they were thinking.
In this environment, any baggage such as status and appearance can be left behind, and stars like the Olsen sisters are no exception.
Jeff came over at some point and imitated Wang Zheng's posture: "Phil, you look like a philosopher."
"Philosophy? How much does that stuff cost per pound?" Wang Zheng smiled and clinked his wine glasses with Jeff.
Jeff laughed and said, "Phil, no wonder you succeeded. By the way, how is Diane doing lately?"
"Not bad. Having said that, is your family really willing to give up a genius like Diane?" Wang Zheng asked curiously.
Jeff was silent for a moment and shook his head helplessly: "Aside from this surname, the only remaining fruit of the Rothschild family in the American League is the hypocritical blood theory."
"If Diane does not break away from the family system, her future will probably be to marry a cousin or cousin in the hope of giving birth to a normal little Rothschild."
The corner of Wang Zheng's mouth twitched slightly. Is it so exaggerated? What age is this? This concept still exists in the technologically advanced American League?
Jeff stood up, patted Wang Zheng on the shoulder, and said seriously: "Phil, the Rothschild family is different from other consortiums. What we pursue is not immediate benefits, but the continuation of the family. And I and others
Rothschild is different too, believe me, Enyi will be your best partner."
Jeff is really right about this. Compared to Goldman Sachs and Sequoia, Enyi never had any say in Meta's board of directors.
Those companies, relying on the convenient resources they provided when they expanded overseas, wanted to get in trouble, and Wang Zheng had already rebuked them twice.
However, it is impossible for Wang Zheng to put all his bets on Jeff. This is the third time they have met, and the level of trust is not as high as that of Diane.
"Jeff, I hope our friendship will last forever."
Just as he was talking, O'Mei, who was sweating profusely, ran over happily and hugged Wang Zheng's arm: "Justin, come and help me, I lost so miserably."
Wang Zheng and Jeff smiled at each other and joined the drinking game behind them.
The party lasted until 1 a.m. and then gradually dispersed.
Wang Zheng maintained restraint and did not get drunk. O Mei could not drink because she was under 21.
What was difficult was that her two sisters and Catherine were playing a little crazy and couldn't walk straight.
Fortunately, O'Mei already had a driver's license. After Wang Zheng put the three people into the car one by one, he drove to the Hilton.
The two suites have a total of four rooms, which is just enough for living.
After finally settling down the Olsen sisters and Catherine, as soon as they closed the door, O'mei couldn't wait to wrap her arms around Wang Zheng's neck and jump up, hanging on him, her long legs wrapped around her like a spider.
his waist.
"Daddy!"
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