Rebirth: Dominate The World, Starting From The School Network
Chapter 87 The Voice Of Thousands Of People (Envy) To Please (Admiration) Lu Yi
At this time.
An executive said: "If Jisou does not use our bidding ranking model, it will be impossible to make a profit. As a result, Jisou will inevitably trade at a loss for user results, but how long can their funds last?
Although Future Technology raised a massive 600 million yuan in financing in October, according to a data report released by Future Technology not long ago, the number of users of their school network has reached 160 million worldwide.
With so many users, their broadband bills must be prohibitively high.
But Future Technology has not yet accepted any advertising business, and has not monetized the 160 million user traffic. It has completely used investors' money to support the company's expansion operations.
The company's finances have been in the red.
Unable to cash out, no matter how much money investors invested in him, they would not be able to withstand his burning.
We just need to stick to "590" until future technology burns all the money, and that's when we fight back!"
As soon as he finished speaking, another executive said angrily: "That's true, but since the establishment of Future Technology, every time Lu Yi is short of money, if he just yells in the capital circle, those VCs will I scrambled to grab the money and stuff it into his arms, and I don’t know what kind of ecstasy Lu Yi got!”
These words made everyone present feel very angry.
Why?
Why do you, Lu Yi, yell in the capital circle, and investment institutions rush to send money?
Just because you look handsome?!
Thinking about other startups, they go to great lengths to attract investment, but in the end they fail to attract investment, which is even more irritating!
It’s so irritating that people are more popular than others!
"Yeah! I really don't know what charm this Lu Yi has. He can actually make major investment institutions rush to send money. Aren't they afraid that the money will be wasted? Is their money blown by the strong wind?"
"The most irritating thing is that Lu Yi doesn't allow those investors to dictate to the company! Isn't it widely rumored in the industry that Lu Yi tells those investment institutions not to think, ask, say, or do the work of "rest assured and wait for the future money!"
"It's so irritating to think about it! In other companies, the investor is the father, but here at Lu Yi, the investor becomes the grandson! The key is... those investors are willing to be grandsons, who can they ask to reason! "
"To break it down, Future Technology received 9 million in the angel round, 160 million in the A round, and 600 million in the recent B round. In total, we have now received 850 million from investors. As a result, Future Technology has not made a dime yet, and investment institutions are still willing to invest in it. I only have one thing to say about MMP!"
"I feel that Lu Yi is a relative of those investment institutions, no, he is simply the father of those people!"
Industry insiders and entrepreneurs expressed envy and hatred.
Because Lu Yi can not only get a lot of money from investors, but also spend it freely.
What's more important is that when there is no money, investment institutions will immediately send the money to their hands.
He even took the initiative to ask Lu Yi if he had enough money.
Damn...it makes people so jealous that they vomit blood.
Boom!
At this time, Li Yanhong couldn't listen anymore.
Damn it, I asked you to come to the meeting to discuss the response plan.
How could this be open and turned into a rally to denounce Lu Yi!
Li Yanhong felt that these people were paid but did not work.
Now that things have happened, it’s useless for you to criticize and envy Lu Yi here, why don’t you think of a solution quickly!
"alright!"
"It is Lu Yi's ability to gain the trust of investment institutions. What's the use of saying more here now? Can it still influence him?"
"The purpose of our meeting today is to discuss what to do next in the face of the challenge launched by Jisou?"
Li Yanhong thought for a while and immediately decided: "First, let the people in the technical department put our navigation website online within three days, otherwise they will all pack up and get out! What do they do for food? At the beginning of November, The project was approved. It’s been a month and the results haven’t been completed yet! Can’t you even copy it?
Second, now that the 123 navigation website has blocked our link entrance, in order to maintain our Qiandu market share, we must pay attention to offline promotion.
Nowadays, Internet cafes distributed all over the country basically default to the 123 navigation website. As soon as our Qiandu navigation website came out, we immediately gave me money to throw money at these Internet cafes and asked them to replace it with our Qiandu navigation website. The competition in the offline network is very fierce. The essential!"
An executive attending the meeting reminded: "Mr. Li, this expenditure will be very huge."
Li Yanhong said: "We missed the 123 navigation website, and this is the price we have to pay... At the same time, this is also the key to our Qiandu navigation website being able to quickly expand and occupy the market. The traffic in the Internet cafe is This is the place with the largest traffic volume of the domestic Internet. We must not ignore it. No matter how much money we spend, it will be taken down by me!”
Three days later.
Future technology, conference room.
"It has been three days since our Jisou search engine was launched. Through the diversion of traffic from the 123 navigation website, the search request volume has now reached 5% of Qiandu. The results are very good, far exceeding expectations." Liu Hong said with a smile.
This result is definitely a 100-point answer for the newly launched search engine, which can make the industry pay attention.
"The good results achieved at the beginning are inseparable from Director Lu's acquisition of 123 Navigation website. That acquisition was a stroke of genius, and now everyone in the industry is talking about it like crazy.
"Before, they said that Director Lu's acquisition of 123 Navigation website was a meaningless failed acquisition. Now that Jisou is online, their faces are swollen, and they all changed their words and said that this is a successful and classic acquisition in the history of acquisitions that can be called a model. Case.”
"Qiandu's side is probably filled with regret! They used to look down on the 123 Navigation website, but now they've been slapped in the face [I'm afraid they're in trouble!"
All the senior executives were talking a lot and smiling constantly.
The outstanding results achieved by Jisou online have blinded the eyes of countless people in the industry.
In the search engine field where the two giants were originally competing in 5.2, the emergence of a powerful tiger like Jisou made industry insiders say that the search engine field, where the situation was gradually becoming clear, has become blurry again.
In the end, it will take time to prove who can break through the siege and dominate the domestic market.
At this time.
"Director Lu, the news just came out, Qiandu officially announced the launch of its own Qiandu navigation website!"
Yu Jun connected his computer to the projector and projected the news he saw on Xinlang.com onto the big screen.
Seeing this news, Lu Yi narrowed his eyes, and then a sneer appeared at the corner of his mouth.
"It seems that Qiandu has been well prepared. Perhaps since we acquired the 123 navigation website, they have been preventing us from using the 123 navigation website to cut off their navigation entry links and secretly develop their own navigation website."
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