Chapter 76, I think you look like Capital

"That day will come."

Zhang Xu shouted into the phone, "Isn't it just 50? Can you treat it as a loan?"

A steady voice came from the other end of the phone.

“This is not about money. Business competition is not as easy as you think.
If it is really as you said, why has it taken so long to attract investment? "

Zhang Xu was unwilling to give up, "What's the point of me taking ordinary people's money?

What I want is the power of capital and my own resources!
It would have been a huge investment that would have allowed me to soar to the sky, otherwise I would have accepted investment from others long ago.”

"You're aiming too high! You're just barely breaking even every month, and you're already nitpicking. To start a business, you must first make sure you survive."

That voice was as calm as ever.
"Capital, I think you look like capital! Everyone in the investment world is a shrewd person, but you can't figure out the business logic that even they can't?"

To put it bluntly, food delivery is a tough industry!
No one expected that one day in the future, combined with the mobile Internet;

It can actually transform itself into a traffic entrance for mobile terminals.

More importantly, the huge transaction volume it generates every day is the scenario that the payment system dreams of.

In later generations, Tengda and Ali went crazy for this payment scenario and desperately gave blood transfusions to Meituan and Fanjisong!

This mobile payment portal, or simply the mobile Internet traffic monetization war!

From food delivery and online shopping to the sharing economy, online ride-hailing, and even the later live streaming platforms;
From online to offline, even convenience stores cannot escape the disaster.

According to Xiao Ma's later recollection, during the craziest period, at least tens of millions were spent on subsidies every day!

At most, I would achieve several small goals a day without hesitation.

No one dares to take a step back!
Because whoever takes the initiative in the payment scenario will have control over the mobile Internet!
Traffic monetization!

In the age of smartphones, it’s brutally simple.

They fought on with gritted teeth until neither could defeat the other, and then, after coordination from all sides, they shook hands and made peace, dividing the market equally.

But Zhang Xu couldn't see that far at this moment.

He just instinctively realized the market scale effect brought about by the combination of the Internet and offline delivery.

This is a good project to tell a story to capital. Once it successfully breaks through and goes public, it will at least be a large company with a market value of tens of billions or even hundreds of billions.

He is not willing!

His ambition is great!

If it was just for a little bit of money, couldn't he just go home and take over the fishing tackle company?

Finally, unable to bear his constant pleading, the person on the other end of the phone finally compromised.
"If you fail this time, you should study hard and come back home to take over the company in the future."

Zhang Xu finally breathed a sigh of relief after hearing this, "Okay, if it doesn't work this time, I'll go home!"

"Okay, then I'll arrange for someone to contact Daiso Fund; however, the company's funds have been arranged recently;
I don't have much spare money, so I'll give you 30 first. If it doesn't work, there won't be a second payment."

Prudent investment is a man's creed.

He can give millions to buy real estate and vehicles for his children, but he cannot allow him to use the money to start a business and do stupid things.

Zhang Xu did not insist any more. Not long after he hung up, he received a call from Qin Lang from Dachuang Fund.

"Mr. Zhang, can we meet somewhere? I have some news that might interest you."

"I just made the deal, and you're arranging an interest-free loan so soon?"

"What interest-free loan? It's about information about Chi Mo. You also know his boss."

Qin Lang was helpless, but the industrial and commercial registration information would not lie.

Zhang Xu was stunned.

A series of names flashed through my mind quickly, including a small investment company and a co-founder who had left the team. Until a familiar face appeared in my mind.
"Li Zehua?"

"it's him!"

Qin Lang sighed.

"We were all deceived. According to the information we found, he started planning more than a month ago. He started a new business immediately after we failed to reach an agreement.

Moreover, many universities in Shanghai have provided campus services such as Chimizu and Fengniao Crowdsourcing, which are almost identical to yours. "

Come to think of it, it's also their own fault for being slow to react.

Who can blame it?
Daiso is not a professional investment fund!

They are only responsible for providing a little help to the necessary people when necessary.

Apart from that, there was nothing he could do.

Zhang Xu was even busier as the Fanjisong website was launched.

Suffering from the sharp increase in orders and network traffic, the funds he had on hand were simply not enough to support continued expansion.

Having no money is a fatal flaw!
In order to save costs, he even did the delivery himself, and he also had to study every day, leaving him no time to take care of other things.

Even if he knew in advance that another delivery company had appeared on the north campus, he would just laugh it off.

Order food by phone?

They work themselves to death but still can't make much money.

But now, the other party not only launched its website, but also targeted the Jiaotong University market?
"Fuck the horse!
He stole all our business secrets and then set up a competing company..."

Zhang Xu cursed loudly.

But he didn't know whether it was plagiarism or not.

Because what Li Zehua is learning from is his and Tuantuan’s future!

Instead of the current emergency meal delivery.

The biggest use of the data in that document is to serve as supporting evidence when lobbying BYD, nothing more.

Qin Lang has been in the society for a long time and is more realistic. "Mr. Zhang, it's meaningless to talk about this now. Let's talk about how to deal with the competition."

“How to fight?
I have people working for me now who have already gone over there and they offer me a higher commission. Are they going to let me not make any money and do a business at a loss?"

Zhang Xu has a headache!
Born into a merchant family, he has been able to count since he was young. If he simply relies on losses to seize the market.

Then what's the point of continuing this business?

Qin Lang was speechless. Why don’t you follow?
Then what are you going to do with the money?
After a few more earnest words of persuasion, he finally said, "The most important thing now is the market and customers. After all, Fanjisong is operating in the local market!

I consulted a professional!

The suggestions they provide can either be followed or the unit price commission can be increased to stabilize the front-line delivery team;
Second, seek help from the school. After all, you are a star entrepreneurial team from Jiaotong University, so you can try to play the emotional card.
If we can convince the school to ban people who have eaten meat from entering the campus, then we will have a sure win.”

Zhang Xu scratched his head. "I mentioned it to the school, but the feedback was not very good. They said that they also hired a lot of poor students as part-time workers, so it would be difficult to ban them directly."

Qin Lang was giving advice.

“Can you see if you can make the meal delivery service a demonstration site for school entrepreneurship and invite some prestigious mentors and professors to come and provide guidance?
On the other hand, we made a commitment to recruit more part-time students. We can also accept all the student teams that have eaten it.
With this two-pronged approach, there will be someone in charge at the top and no one will cause trouble below!

The school won’t have any concerns, and the ban will come naturally.”

"Why didn't I think of that? Then you should arrange it quickly!"

After hanging up the phone, Zhang Xu rekindled hope.

(End of this chapter)