Chapter 128 High-End Operation
No wonder Tong Zelan wanted to organize this classmate association.
It turned out that it was also to raise financing for the angel round project she had just invested in.
There's actually nothing to say about this. You can vote if you want to in the class reunion, and she won't trick you with any random projects.
At her level, personal credibility is very important.
It’s so easy for so many students to come together to raise 100 million yuan.
Many people don't even care whether it succeeds or fails in the end.
Quan Dang has become closer to Tong Zelan.
Later, the classmates drank tea and talked about other things.
Lao Yang, who works in hotels, said that B&Bs are very popular now, but it’s difficult to expand them.
It needs to be built in some places with good scenery, and it is very difficult to form a chain.
It's not as easy to copy as Qitian and Jinjiang.
It is also said that travel websites or takeaways are easy to do now.
Not to mention takeout, the market is too big and has been divided by Big Penguin and Ali.
As long as Penguin and Ali are interested in Internet entrepreneurship at the same time, ordinary people will basically have no chance.
For example, in the taxi-hailing market, Penguin invested in Didi and Kuaidi.
These two companies are almost losing their brains in the market.
Tong Zelan’s international investment bank invested in Didi, and the taxi-hailing market went through its initial contention among a hundred schools of thought.
Now only these two big players are left in the market.
Many students, especially Huang Bin who works in the sharing economy, are very interested in this and are eager to understand some internal conditions.
The other students were similar. Even Chen Pingsheng was quite curious. After all, it was too crazy.
Have you ever seen any company burning billions a day?
This is the situation between these two families now.
Seeing that they were all interested, Tong Zelan said:
"The current situation is very special. It is better to say that it is a fight between Didi and Kuaidi, but it is better to say that Penguin and Ali behind them are fighting each other in the same market."
"As everyone knows about these two companies, one is a social networking boss and the other is an e-commerce boss. They have fought several rounds before. Investors on both sides spent tens of billions of real money in the hope of consuming the other party to death, and then the remaining Our family can end this unnecessary money-burning war and formulate the final rules of the game.”
"What a pity. It doesn't matter if the leader in Ah Li wants to kill Didi, the leader of Penguin, or if Didi, the leader of Penguin, wants to kill Kuai, it's impossible."
"Now the investors on both sides are a little bit restless and eagerly hope that they can sit down and talk. The final outcome will most likely be a merger!"
"If it's spelled like this, it's still merged?"
Huang Pujun, who has no business skills, interjected.
Tong Zelan glanced at her lightly, not even bothering to explain.
"That's probably the case."
Huang Bin said: "If there is no merger, no investor can bear it if we continue to fight like this."
"Indeed." Lao Yang also agreed: "The Internet is really cruel. Only when there is only one left can it formulate the rules of the game and start thinking about making money."
"After all these years, the Internet is still suppressed by these three mountains. I don't know how many years it will take before someone can truly compete with them."
No one can explain this topic clearly, even Tong Zelan himself finds it too difficult.
The three major portals of the Internet.
Social networking, search, e-commerce, and BAT have taken too deep root in their respective fields, unless another disruptive company emerges.
A company that can once again occupy users’ time.
This subversive model was something she, Tong Zelan, would never have imagined.
Don't even think anyone could do it.
I have to say that this small class reunion contains too much business information.
Even Chen Pingsheng felt that he had benefited a lot from this.
Tong Zelan is at the forefront of the times. In addition to the Internet, new energy vehicles are likely to be another world-class outlet after mobile phones.
The threshold for this project is too high, with a starting capital of tens of billions.
No competitor is simple. She also talked about the global situation of new energy vehicles.
The first person in China to propose new energy vehicles is Jia Yueding of Heat Vision.
He shouted this slogan very early, and his vision is indeed unique. He is already preparing to start financing this year.
"Do you think it's possible for him to succeed in creating new energy sources?"
"Difficult." Tong Zelan only used one word to comment. The main reason is that building a car is not like building an Internet company. You can burn a unicorn by burning money.
In addition to the financial threshold, car building also has extremely high technical thresholds.
"Jia Yueting is great, but he does too many things and it's too complicated."
Tong Zelan commented: "In foreign countries, if a high-tech company can be successful, it requires the founder to be extremely focused. Looking at foreign high-tech companies, almost no one can succeed like him, let alone Tesla has been in this field for ten years.”
To put it bluntly, LeTV’s plate is too complicated. They want to do everything and do everything, but no one does it to the extreme.
This is a very scary thing in Tong Zelan's view. To put it bluntly, it will collapse once it happens.
That is the collapse of the entire system.
Among this group of classmates, she always felt that Chen Pingsheng was the most stable.
The reason is simple, there is no debt at all.
If any one fails, the other will not be affected.
This is equivalent to having many baskets, still scattered with each other.
But things like Heat Vision are completely different. He has dozens more baskets, and they all have eggs in them.
The danger is that he uses the same pole to carry it.
Once there is a problem with funds, these projects that are supported by burning money through financing are destined to be flowers in the well and moon in the water.
Therefore, she has never dared to invest in LeTV.
Many international investment banks are like her and don't like investing in such large and comprehensive companies.
Ten billion is still just a threshold for hot start-up projects, and Chen Pingsheng is also very interested.
It's a pity that he still doesn't have the strength to participate in this.
Later, we talked about many industries. Generally speaking, there are still opportunities in various industries, but they are not as big as they were in the 1990s or 2000s.
The business environment has been improved, whether it is a small retail store or a large chain enterprise.
They all need to make breakthroughs in business management.
Ordinary people have no chance to survive in today's increasingly changing world.
This class reunion was quite late, so overall everyone gained something.
Everyone communicates and discusses with each other, and there is nothing hidden.
After all, you are already at this level, and using that kind of petty thinking will only make people look down on you.
Among them, the most dedicated one is He Bijun, and the other one is Lao Yang.
One of them has been raising pigs all his life, and the other has been running a hotel his whole life.
They are definitely the best in their respective fields.
"Old Chen, let's talk about your Shuiyunjian."
Tong Zelan said: "I have always heard from your employees that you are such a good boss. The staff dormitories are all in villas. During the training period, they are paid a salary of 10,000 to 20,000 yuan as usual, and bonuses are given at every turn. The profit from beauty is really just So high?”
Everyone turned to look at him. Shui Yunjian didn't understand him before, but they all understood him later.
The main reason was Tong Zelan, who directly gave it a valuation of 2.5 billion.
He also wanted to invest one billion, but was ruthlessly rejected.
This is very exaggerated.
Not to mention anything else, just judging from the valuation of this company, Chen Pingsheng is actually considered very wealthy.
You must know that he now owns 75% of Shuiyunjian's shares alone.
If converted, it would be two billion.
If we add the other three families, and Wang Yanfeng doesn't go home to inherit his father's family property, there will be a gap between him and him.
"High-end beauty salons are indeed quite profitable, with gross profit margins as high as over 90%."
Chen Pingsheng said: "The most profitable projects are not those handmade projects, but foreign instrument projects. An anti-aging instrument project can charge hundreds of thousands. Customers can't just do it once, and then the whole body can be covered." There are at least dozens of equipment projects. It can be said that no matter how rich a woman is, her beauty consumption is bottomless.”
Chen Pingsheng looked at their eager eyes and said with a smile: "If you want to be my colleague in this field, then you have to pay attention, because this year I will invest another 100 million in opening a store in Beijing, and it is expected to invest another 100 million in equipment. , and will expand to the Magic City next year.”
"The first investment capital will be around 300 million. If you don't prepare a few small goals, it's best to avoid competition with me."
"Tsk...no wonder you dare to refuse even one billion."
He Bijun felt that raising pigs was already profitable enough, but compared to his Shuiyunjian.
It's just a money grab. You can't steal money so quickly.
Others are also extremely envious of the 90% gross profit.
What a concept.
Let’s use the experience project that he started in 1980.
The profit is as high as 1800.
This horse riding... is simply a money grab.
"Beauty is indeed hugely profitable, but it's a pity that it is difficult to replicate."
Tong Zelan said: "The fact that you can make a name for yourself in the high-end beauty market in Beijing so quickly has a lot to do with your Tengying Entertainment. I find that your entertainment company seems to be created specifically to assist physical enterprises like yours. I really want to Do you know what your five-year plan is for the future?”
"My five-year plan is actually very simple."
Chen Pingsheng said: "I have invested almost 100 million in Feiyang Yang this year. At the end of the year, I will use Shuiyunjian's platform customers to complete the Series B valuation of 500 million. In the next two years, I plan to expand Feiyang to another three. A first-tier city.”
"The same goes for Shuiyunjian. Once Feiyangyang's road can be opened, I will use a simple jargon of your investment bank to say that if the catering industry can be copied, I will use Tengying Entertainment's traffic to copy it. Even if you can only succeed in three companies, the success rate is much higher than your success rate in venture capital. "
Tong Zelan looked at Chen Pingsheng in surprise. This guy has a great future for expansion.
The key is still stable.
This is particularly rare, compared to Lao Jia's situation where he fired a shot in the east and shot in the west and suffered a total loss.
It is obviously much safer for him to run in a straight line.
The key is to be fast.
This is just like BAT building its own moat. It has also been building its own traditional corporate moat from the beginning.
If you want to learn from him, you must first have a well-run entertainment company.
Secondly, you have to make less than half of the top rich women in Beijing become your loyal customers.
This is naturally Shuiyunjian.
One hand grabs the traffic, and the other hand uses Shuiyunjian to grab the extremely strong human resources.
And he himself has super strong chain management capabilities.
At this time, you just need to build some tools that can be put on the market.
This tool can be Boiling Yangyang, a milk tea shop, or the smallest mom-and-pop spicy hotpot shop.
Even a late night snack stall will do.
If he just throws all the three resources he has, even a pile of cow dung can be turned into a big gold.
"Brother Chen, I can provide you with pork exclusively. Don't look for others for your B round of financing for Feiyangyang."
He Bijun found a big business opportunity.
He has always wanted to establish his own unique sales channel.
Now why should he look for it elsewhere? Isn't it enough to invest in him?
If he really does what he said, he can connect these traditional industries into a straight line.
What industry can't he break into?
Tong Zelan waved her hand and said, "Old He, it is definitely not appropriate for you to invest alone. After all, Feiyangyang needs people who can promote its smooth listing. I am not talented, but I happen to be a little good at this. Otherwise, how about I take the majority and you take the minority?"
"No, no, no, don't do this, let everyone get a share."
The style suddenly changed, and Tong Zelan, who had not planned to invest in Feiyangyang, also made up his mind.
The other classmates were the same, saying that they wanted to get a share.
Is 150 million a lot?
It's just so-so, they can get it if they just get together.
Subverting the model of the entire traditional industry, that must not be missed.
Chen Pingsheng didn't even have the nerve to say that what he really wanted to subvert in the traditional industry was not Feiyangyang at all.
But the super hypermarket that he was still spending 30 million to investigate.
That was his super killer in the traditional industry.
First combine the hypermarket, and then split the big one into small ones to form a listing tool.
This is his final plan.
Everyone quarreled, and in the end, Tong Zelan grabbed 50 million investment shares alone, that is, she got 10% of the original shares.
According to her calculation, since she came in, Feiyangyang's valuation in the C round must be at least between 1.5 billion and 1.8 billion.
This is normal, the latter is several times the former.
Otherwise, who would be willing to invest in the front? The more you invest in the front, the higher the risk.