Chapter 133, Is the mission to invest?

Building A, Tsinghua University Science and Technology Entrepreneurship Park, inside an angel investment company.

"Mr. Zhu, this is a new case from Shanghai. A catering delivery company wants to raise funds."

"Catering delivery? Are you in the real business?"

The man, who had been busy all morning, had no interest in it. He took it perfunctorily and put it on the desk without opening it.

If he were to accept any such investment-seeking enterprises, he could receive dozens of them a day. How could he keep up?
Compared with traditional industries, he prefers investing in Internet companies.

The subordinate explained, "It doesn't seem to be. I heard from my colleagues in Shanghai that this is an atypical Internet company."

At this point, he hesitated.

Mr. Zhu was a little interested. "An atypical Internet company?"

But the file still doesn't open.

The subordinate carefully considered the words, but felt that he had no idea where to start, so he could only bite the bullet and said, "Yes, I asked my colleagues in Shanghai, and they felt that the matter was too outrageous.

I'm afraid you won't believe it!"

Mr. Zhu stopped what he was doing and said, "Tell me how outrageous it is."

"On the Dragon Boat Festival a few days ago, there was a huge fight among thousands of people at the Magic City Express Company. Did you hear about it?"

Director Zhu was stunned. Such a big thing caused a huge uproar. Although it was suppressed on a serious level, the gossip was still spreading widely.

He himself is from Shanghai, and graduated with dual degrees from Fudan University and Jiaotong University. The big fight that took place near Fudan University School of Medicine inevitably reached his ears.

At that time, I was joking with a few partners, saying that competition in the express delivery market was too fierce and fights would often break out.

Fortunately, they mainly invest in Internet companies, which have few employees and high quality, so they can't start a fight even if they want to.

But what does this have to do with this catering delivery company?
His subordinate didn't let him wait any longer and said, "The boss of the courier company that's fighting three people at once also has a catering delivery company, and that's this one."

They are all said to be rumors, and the authenticity is not guaranteed during the transmission process. It was clearly that Hummingbird Yunda Yuantong surrounded and beat Huitong, but it was spread out as Hummingbird fighting Zhongtong Shentong Huitong alone, one against three and chasing and beating them.

It's really outrageous.

Director Zhu couldn't help but open the folder and took a quick look. "Does it cover all business in Shanghai University Town? It has its own website, and it is estimated that the number of orders per day will exceed 5? It is estimated that it will employ more than people?

What kind of Internet company is this? "

The subordinate was very confused and couldn't help but touch the back of his head, "Otherwise why is it called an atypical Internet company!
Look here, there is their website. I have seen it, and it not only provides catering delivery, but also express delivery collection. The most bizarre thing is that it also has a video website. "

How could it not be weird?

In order to save costs, Li Zehua used one technical department to do the work of three. The interface of Zumo was equipped with the quick access channel of Hummingbird Express, and the simple love crowdfunding mutual aid network, which had just been launched, also opened a back door.

There are not many videos, just two. Apart from Wei Hengshan, there is a brief profile of Lu Yaning. We haven't had time to send anyone to Shanxi Province to film his family situation.

That’s right, Lu Yaning is the second recipient of funding from Jiandan Ai Crowdfunding!
Professor Wu Liangyu of the School of Economics and Management of Jiaotong University has donated RMB 20 as the second phase of start-up capital, and discussions are currently underway with the school.

Mr. Zhu looked at the website twice repeatedly and felt unsure. It was really a slap in the face that came too quickly. A few days ago, he was still saying that Internet companies could not fight.

Now a company with amazing fighting power has emerged, which makes him ponder: when did Internet entrepreneurs become so aggressive?
There are thousands of people fighting in this melee. What does a serious Internet company need so many people for?
Thinking of this, he suddenly remembered something. Two months ago, he was invited to participate in an on-campus entrepreneurship competition at Jiaotong University.

As a judge, I seem to have given someone a business card and asked him to contact me when he left the campus. "Fan Jisong, I think it was called that.

Did they change their name? That's not right!

At that time, they couldn't even handle thousands of orders a day, and they had only about a hundred employees, most of whom were part-time students.

Why is there such a sudden commotion? "

With doubts, he searched on the Internet.

The Fanjisong website is still there, but it will automatically jump to the "eat it" interface the next second.

“He really changed his name, but that kid looks quite honest, how could he do such a thing?
Could it be that other venture capital firms have intervened and sent in a very capable management team?

That's a takeaway agency business! Is it worth such a big investment? Did his family invest money?

In just two months, the order volume increased dozens of times, and the number of employees suddenly increased to more than 3,000 people. What happened in the meantime? "

Puzzled!
How could he know that the person whom he called an honest child was in Vancouver, the Country of Maple Leaf, preparing for the entrance exam and had no time to care about him.

All the food delivery services have been sold, you can do whatever you want.

Moreover, the information he obtained about consumption was not accurate, as it was data from a month ago.

Really unsure, Director Zhu picked up the documents, quickly stood up, walked across the long corridor, and knocked on the door of another office.

"Please come in."

With a sound, Mr. Zhu pushed open the door.

Two people were chatting in the office. The one in the middle looked up and said with a smile, "Xiaolong, what's up?"

Zhu Xiaolong, Managing Director of GSR Ventures!
He is the person who invested one million US dollars in Fanjisong in history.

The other two people in the room were Wu Shenjun, managing director of GSR Ventures, and Lin Renjie.

Zhu Xiaolong handed over the documents and said, "Take a look. CEO Lin is here too. Please help me with some references."

Wu Shenjun was very surprised.

There are not many partners within Jinshajiang, only five managing directors, each of whom is usually in charge of a different area. Zhu Xiaolong is mainly responsible for Internet investments.

He himself focuses on wireless telecommunications and semiconductor investment and is not very familiar with the Internet.

But Lin Renjie happened to be there. He has done in-depth research in this area, so I asked him to come and watch it together.

Lin Renjie only took a look and looked strange, "Boss Wu, isn't this what I just mentioned to you?"

Wu Shenjun was stunned and took a closer look, "It really is!"

Zhu Xiaolong was confused. "Have you contacted this company?"

Within the company, Lin Renjie also focuses on Internet investment, but there is no conflict between him and Zhu Xiaolong.

Because he was born in Lijiaopo and usually works in Silicon Valley, USA, he came back temporarily this time because of some matters in China.

Hearing Zhu Xiaolong's question, Lin Renjie did not hide anything and told him everything...

This story starts with Wu Liangyu recommending talents to Li Zehua.

He is Liu Zijie, who works for a multinational company in Lijiaopo. He is not very happy staying in Lijiaopo.

Although the salary is high and the benefits are good, he is naturally outspoken and cannot tolerate any injustice.

Anyway, he offended everyone he could.

Even those who should not be offended were offended.

He graduated from a top domestic university and obtained a bachelor's degree from Yale University in the United States. He has great abilities and also majored in financial management.

It's a rare talent!
However, he was too principled and did not know how to adapt. He worked in several large companies, but was eventually forced to resign because of his poor relationship with the management.

The same is true this time. Although it is a foreign company, the board of directors cannot tolerate an executive who always dwells on issues such as "reasonable" tax avoidance in private and back-room transactions with related parties.

Where are the talents?

Why put a time bomb in the company? Maybe one day he will be overwhelmed with justice and expose those shameful inside stories.

So they would rather pay a high penalty to get rid of him.

In this way, Liu Zijie once again faced the crisis of unemployment, but he was used to it.

At worst, he could find another large company that was in trouble. With the strength of him and his team, he could turn the loss into profit in a matter of minutes.

Then~
And then find a job.

It was in this situation that he received a call from China from his mentor Wu Liangyu.

Liu Zijie was confused. Return to China?

Go back to the place where your business failed and you left tears everywhere?

He is neither tactful nor able to flatter, so what is the point of going back?
He was a little hesitant, but soon something happened that made him even more confused: the other company heard about his experience and expressed great interest.

There is no need for an interview. The only requirement is to complete one thing and then start working directly.

Liu Zijie was dumbfounded, "I haven't said I will definitely agree."

But as the other party introduced the basic situation of the company and its needs, he became interested.

What kind of weird company is this?
Not only had he never seen it, he had never even heard of it. How could the monthly revenue reach more than 30 million in just over two months?

Although this result is impressive, he has seen many such cases over the years. Some Internet companies have hit the cusp of the trend and achieved revenue of over 100 million US dollars within half a year of their establishment.

With nearly 5,000 employees, it has cooperated with 5,000 to 6,000 catering stores in Shanghai, and has established strategic partnerships with well-known domestic express delivery companies. It is committed to building a world-class, urban logistics and distribution platform. What is a catering delivery platform?

Who doesn't know how to brag and make empty promises?

But after carefully considering the other party's three-step strategy, he became somewhat hesitant. It seemed that it was feasible to a certain extent.

The most important thing is that these two industries currently do not even have a decent competitor. They are completely blank markets with broad development prospects.

Chimome has joined forces with Hummingbird, and has a solid foundation. They are currently ambitiously planning to expand into markets in ten cities. Once they gain a foothold, the prospects in the business plan will most likely be realized!

After careful consideration and thorough exchange of views with the team, Liu Zijie decided to give it a try.

First, contact the Leekapo Temasek Foundation according to the other party’s request.

He has worked in Lijiaopo for many years, serving large multinational companies. Although he is not favored by the board of directors, he has sufficient basic personal connections.

According to most people in the team, if he can maintain a positive, optimistic and relaxed attitude at work and in life.

Now if you are not the CEO of a Fortune 500 company, you have to be the chairman of a star startup.

Unfortunately, there is no "if" in things. Liu Zijie himself cannot control himself. He can distinguish between work and life, but light and darkness cannot be changed.

Principles cannot be used for trading!

Temasek Holdings Investment Group!
It is Lijiaopo's sovereign investment fund. In recent years, especially targeting the mainland market, they have made sufficient preparations and are ambitiously preparing to make a big move.

Unfortunately, they entered the market too late and lacked influence, thus missing out on a series of market-dominant giants, such as BAT, which they did not get in the first few rounds.

You can only buy stocks in the secondary market, which shows a long-term optimistic attitude.

During this period, they were not idle and were always looking for new opportunities. For example, Jinshajiang Venture Capital was supported by Temasek's funds.

Speaking of which, ChiMei was not favored by Temasek at the beginning. No matter how they looked at it, this company that claimed to be an Internet startup seemed very unserious.

Not doing your job properly and putting the cart before the horse!

It’s the management of Temasek, what’s the first impression of eating it?

But as the investigation deepened, views within Temasek began to change, and a considerable number of people became very interested.

Although both Chichume and Fengniao are not large in scale at present, the future described in their business plans is truly exciting.

Looking at it sideways, two words - ambition!
Looking at it vertically, two words - monopoly!
Monopolize the food, accommodation and transportation of the entire country!

It is also a superpower with a population of over 1.3 billion.

If this is accomplished, what a huge business it will be!
Investing means investing in the future. It is about having a vision and then drawing a pie in the sky, and then the process of realizing this dream.

In this process, investors should try their best to judge whether the entrepreneur's original intention, purpose and business logic are in line with the market and whether they can be implemented in practice.

For all of this, Chuchume and Hummingbird have delivered a nearly perfect answer.

With hundreds of thousands of active users, we can generate an average daily sales volume of 7 orders, which is an extremely terrifying number!

Not to mention Fengniao Express, which has already reached a strategic cooperation with national logistics and express delivery giants.

If its ten-city strategy is successfully developed, it will definitely be a great innovation that can change the underlying business logic!
A brand new business model that can create millions of jobs!

Of course, this is the most ideal situation.

Due to the limitations of the development of Internet technology, many people are not interested in Chishimo's business plan because the human and material resources required are too huge.

Whether in terms of policy or technology, there are too many uncertainties and a lack of foundation for the implementation of the plan.

As a result, the two groups quarreled with each other and submitted analysis reports, coming to completely different conclusions.

The initial opinion within the management was to wait and see, and there was no rush. After all, there was no evidence that the other party had already received investment and was still in the contact stage.

Temasek still has enough time to judge and verify whether this business model is feasible.

Besides, the investment scale is only tens of millions, so there is no need to pay too much attention to it.

Temasek must receive dozens of orders like this every month.

Some people plan to go to the moon first and then to Mars. With an investment of several billion, they can develop a settlement on Mars in the next 20 years.

But things started to get interesting when a big boss from the upper echelons got personally involved.

Because as more and more information is collected, especially after a melee during the Dragon Boat Festival, the impact is extremely far-reaching.

A startup that is only two months old is forcing the domestic express delivery giant to use physical means to eliminate it?

What went wrong and why did this happen?

The key is that the hummingbird withstood the pressure and turned the tables.

For some people, other benefits hidden behind economic benefits are more worthy of bet!

After receiving instructions from the top, Temasek’s management responded very quickly and reached a consensus quickly.

cast!!!
Must vote!!!
A company that can withstand the suppression of industry giants and create the prototype of a monopoly platform is a good company!

Everyone understands this most basic business logic. You must invest, invest in Hummingbird!
Looking back at the business plan of Chimo, it seems more and more reliable.

I'm not bragging, we are walking very steadily on two legs, taking into account the high efficiency of the Internet and the huge social influence.

The former was confirmed by the hundreds of thousands of loyal and sticky customers on the ChiMei website, while the latter made the top management of Lijiaopo so excited that their scalp tingled.

If the companies they invest in occupy a key and irreplaceable position in the mainland, can they further release their goodwill?

It’s amazing to think that the total number of employees employed by a certain company exceeds the total number of citizens of Lijiaopo, and it is also a big country that is one of the most important neighbors.

On some level, is this a life-and-death struggle?
I dare not think too much...

The economy determines the superstructure, and when the upper-level will begins to drive the shift, everything seems so efficient.

Lin Renjie, managing director of GSR Ventures, was urgently recalled from his Silicon Valley office in the United States.

After being personally instructed by the boss in Lijiaopo, he quickly boarded a flight to Yanjing.

At the same time, in Shanghai, a comprehensive background check of everyone from top to bottom was also underway in full swing.

After all, it is still in its infancy, and no one can guarantee that the path it takes is correct and will definitely succeed.

But at the very least, it provides a new path for development. Once successful, it can change the fate of countless people and open a new door to hope!
Of course, Lin Renjie would not reveal everything about the last part. He just said some selectively.

But these are enough to express the importance of the financial backers behind the scenes, and the focus is on whether you have eaten it!
Get on board before all your competitors do!

Zhu Xiaolong held his chin and tried to digest this information. It took him a long time to come back to his senses. "I always feel like something is wrong. This is too far-fetched and I don't understand it.

Also, who is the Li Zehua you are talking about?

Where is Zhang Xu? "

Such a handsome guy, he is missing?

"According to our investigation, Chizuome acquired Fanjisong in full a month ago.

The exact amount is unknown, but the founder of Fanjisong should be in Vancouver right now, preparing to apply for the university entrance exam.”

Lin Renjie also felt that something was wrong, but he couldn't put his finger on it. In the end, he could only attribute it to the unconventional way of starting a business.

I've never seen anything so unreliable!

A promising Internet high-tech startup has turned into a construction site where the company is eager to fill every business coverage area with its own people.

This caused quite a stir in the entrepreneurial circle. No one had ever seen anything like this before, and everyone felt depressed for a while, not knowing where to start.

If it weren’t for Temasek’s strong request, Lin Renjie really wanted to wait and see, because he couldn’t understand the business model of this thing!

But since the financial sponsor has spoken, I have no choice but to compromise.

Zhu Xiaolong was even more dumbfounded. "Zhumi acquired Fanjisong? When did this happen? I was presenting the venture capital champion trophy to the founder of Fanjisong in May."

But he reacted quickly. He was optimistic about Fanjisong, and if he took over Fanjisong, wouldn't it be more advantageous?
Thinking of this, he didn't care about Lin Renjie, and called his assistant neatly, "Have you contacted me? I want to visit the Magic City in person."

The assistant was even faster, and called back a few minutes later, "Boss Zhu, have you eaten? The catering office assistant said there's no need to go to Shanghai."

"What do you mean? Didn't you say we were venture capitalists?"

"No, their founder, Mr. Li Zehua, chairman of the group, is in Yanjing now."

Zhu Xiaolong was very happy, "Where is it?"

The assistant said, "On JD!"

　Jinshajiang and Fanjisong met for the first time in the second half of 2009.

　　Due to the protagonist's intrusion, the entrepreneurial team became more eager for investment, so they participated in a series of venture capital competitions in April and May in an attempt to survive. For details, please see the conversation between the professor of the Chemical Engineering Department when Fanjisong received the school visiting group. No further explanation will be given, so please be informed.

　　
　
(End of this chapter)