The Richest Man Starts From Falling In Love

Four hundred and eighty-six, money-burning entrepreneurship

At the meeting place at 2 o'clock in the afternoon, Chu Yao left early in the morning. Of course, Yu Meiren still followed, everyone came, and there was still some business to do.

Now is the critical moment of friction between Yingying and Ali in the public relations war, and there is an opportunity for the Internet Conference, how could it be possible not to stand on the platform?

Otherwise, I would be sorry for Chu Yao's hard work.

She borrowed Chu Yao's words to say - it depends on your performance.

Chu Yao: ...

At one time, there was a feeling of being a rich woman who sold her body to be adopted, relying on her body for support.

Many people came to the scene. Rebs, Xiaomi executives and corresponding partners came to the platform early in the morning, and they were very conspicuous in the crowd. This is called "strategic partnership."

Zhang Lei is also here, and he is also a strategic partner, even closer than Xiaomi. After all, there is a real money investment relationship.

Tang Yan came, bringing with him a group of people from the media circle, as well as a group of people in his current circle.

Other than that, most of them don't know each other, so they probably just came to watch the excitement.

Chu Yao has been searching for Ali people in the crowd, and at the same time looking at the online reservation data in the background, but after a glance, he didn't see any heavyweights.

It's just that there are two unknown people, probably around P8 internally.

Of course, this level can be regarded as a director position in a company of Ali's size, and it is a proper middle and high-level manager.

If you go to a smaller company outside, it will definitely be no problem to have a vice president who can bring equity.

However, Chu Yao was still a little disappointed.

None of the higher-level executives came.

After thinking about it, I also think it is, they are still in a daze.

Be ready to make up your mind and then move.

Before the matter of the stock price is completely settled, temporarily lick the wound and recuperate.

After all, as a listed company, the stock price is still the top priority.

The beauty industry is not yet on the market, and there is no such influence at all. Barefoot people are not afraid of wearing shoes, and they can do whatever they want.

But they can't.

This can be regarded as another advantage of "the boat is small and easy to turn around".

...

This so-called "industry report exhibition" started on time, and Jiang Zhenhua was the first to appear on stage, and he made an extremely beautiful PPT for this.

List the timeline, and announce the development process of the beauty industry in detail to the industry insiders present.

In May, received the first angel round investment, one billion.

The opening is a natural card.

In June, the first batch of suppliers, a total of 135, formally signed contracts.

In July, the platform was officially launched.

In August, the cold start stage of the platform, within one month, the number of registered users exceeded 300,000, and the payment rate was 85%.

In September, the number of registered users officially exceeded one million, and in the same month, the turnover on the platform exceeded 30 million.

Everyone who saw this statistic was stunned and couldn't believe it.

This is the power of big capital?

The upfront investment must be huge.

There are more inputs than outputs.

But even so, this speed is amazing enough.

Of course, what Jiang Zhenhua didn't say was that during the cold start stage of the platform, most of the users came from the one-time realization of the network circle around him, including his own, Chu Yao's, and Yu Meiren's.

Such a gorgeous data is only possible through a three-pronged approach.

It is a lot of accumulated accumulation in the early stage.

With this kind of data, there is no such thing as self-made.

...

"Mr. Zhang, is this data true?"

Next to Zhang Lei, a man in a suit and leather shoes and gold-rimmed glasses asked.

This company is one of Zhang Lei's investment targets. He must be very familiar with the data and has done due diligence.

"Of course it's true, and it's even conservative. The data I got before is that they received more than 30 million advance payments a week before the opening. Of course, most of them are friendly support. The boss started a business. Understandable."

Zhang Lei said with a smile.

Such data may seem incredible in traditional industries, but it is not uncommon in the Internet industry.

Companies like Pinduoduo and Ruixing Coffee, which are developing extremely fast, have also had similar performances.

Even more exaggerated than this.

If you have money, resources, and contacts in the early stage, it is very simple to achieve this level of flow.

"Chinese chives?"

The man asked again, subconsciously lowering his voice a little.

The US industry has always been the hardest hit area for cutting leeks.

All kinds of franchising, micro-business, new projects, changing to a high-profile name, creating explosive models in a short period of time, and then wielding a scythe, cutting fiercely for two or three years. After earning enough money, it explodes on the spot, leaving only one place chicken feathers.

There are countless examples of this.

Not only the US industry, but also many Internet companies, such as a certain coffee, which spent nearly 10 billion on huge subsidies to go public, and it didn't take long before various financial frauds broke out.

Completely turned entrepreneurship into a capital game.

"I'm not blind yet."

Zhang Lei glanced at him and smiled lightly.

In his opinion, the early stage was indeed a lot of subsidies and marketing, but this business model itself was still successful.

Subdividing the track + strong capital + fine operation + being the first to eat crabs, it is not uncommon to have such a performance.

The abundant amount of funds in the early stage saves a lot of time.

In other words, this kind of entrepreneurship is completely a simple model.

It is only now that the rapid development has just begun to become difficult.

...

The two were talking.

Similar conversations can be heard endlessly in the hall.

For such a new company to grow to such a large scale in such a short period of time, there is still a lot of gimmicks, and it is enough to arouse curiosity.

In itself, since 15 years have passed, the entrepreneurial environment has become more and more impetuous. It is not uncommon for companies to go public within five years or even three years.

Today, there is only one more successful example worth learning from.

on stage.

Jiang Zhenhua was still scrolling through the PPT.

The number of users and turnover basically grow exponentially, forming an extremely steep growth curve.

Of course, at the same time, it was accompanied by extremely terrifying investment costs.

Today, it has only been half a year since the establishment of Yingying Beauty.

At present, the cumulative investment is more than 3 billion.

In addition to basic expenses, most of them are operating and promotional expenses.

A simple set of financial data can be clearly calculated - 3 billion, 180 days, with an average daily cost of more than 15 million.

This number once again set off an unspeakable uproar on the field.

In terms of short-term investment, it is no exaggeration to say that this kind of volume is completely handwritten by a giant.

At least tens of billions of companies dare to play like this, right?

Even 10 billion is not enough, we need more.

And there are not many such companies in the whole country.

I can count on two hands.

From the perspective of investment alone, it definitely belongs to the first-tier giants.

The field fell into a noisy, whispering and discussing with each other.

Standing on the stage, Jiang Zhenhua took a glance, and the expression on his face was quite subtle for a while, and he couldn't help looking at the backstage.

I also want to keep a low profile.

But strength does not allow it.

There is such a prodigal boss.

The strategy I formulated was actually relatively stable and conservative, but helplessly, Chu Yao gave too much, and I couldn't spend it all if I didn't work hard.

Of course, the effect is also extremely obvious.

It is the current platform plate.

The number of users is nearly 70 million, monthly active users account for 48%, and the average consumption amount is 92 yuan.

In addition to Huami, the company's valuation is properly tens of billions. As for the single digit, it is a matter of opinion, but even the most demanding and conservative investment institutions will give at least three.

Not to mention others, Jiang Zhenhua himself thought it was quite legendary when he thought about it.

...

...

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