The movie starts with Alpha Dog Chapter 348: A new billionaire asks for a monthly ticket
“I thought it was too simple at the beginning, but when I actually started doing it, I found that many landlords They would rather hand over the house to an agency than deal with the renters directly. They think this is too troublesome, so they might as well leave the house to the agency and let them deal with it."
Lin Ling suddenly realized, "So renting a house. There will be all kinds of chaos in the market. Anyway, as long as the intermediary pays the rent to the landlord on time, the landlord will have more trouble than less trouble."
Qin Hao nodded, "Yes, so I will. We had to adjust our strategy, renting the house from the landlord first, and then subletting it to users.”
“It’s like Youth Journey has done the work of the original rental agency, is that what I mean?” Lin Ling asked.
“No, these are two completely different concepts. The rental agency belongs to the landlord and the tenants eat both sides. However, since the establishment of the Youth Home, all rents have been transparent, and the tenants are aware of the location and location of the house. The environment, decoration, and rent are all clear at a glance. The purpose of Youth Home is to allow users to live in the most ideal house at the most reasonable price."
Lin Ling stopped the pen in her hand and asked curiously, "What if. According to what Mr. Qin said, the Youth Home is a purely public welfare project."
Qin Hao shook his head unhurriedly, "No, the Youth Home has conducted two rounds of financing so far, and the ultimate goal is to run If it is a purely public welfare project, it is unlikely to attract so much capital. Moreover, I personally believe that business is the best public welfare, because only in this way can the Youth Home serve users for a long time. ”
“Oh, is it inconvenient for Mr. Qin to share with us the business model of Youth Home?”
“Currently our profit points are mainly online and offline.” Advertising revenue, although this part of the revenue is not enough to cover the operating costs, as our market share further increases, this part of the revenue will become higher and higher. In addition, we will also actively explore new profit points to ensure that Let the company make profits as soon as possible without affecting the user experience.”
In fact, the main profit point of Youth Home is not the advertising revenue, but the investment income of retained funds, but this cannot be made clear. What is said on the surface will cause panic among users and landlords.
Lin Ling has been a financial reporter for so many years, and she knows some of the inside story. However, Qin Hao refused to tell her, and she couldn't continue to ask questions, so she changed the subject.
"President Qin founded Youth Home and then started his own business again within a year. Can you talk about the entrepreneurial journey of Youth Journey?"
Qin Hao said slowly, "Actually, let's talk about it. , when Youth Travel was first founded, it was mainly to serve the users of the Youth Home. At that time, the business of the Youth Home was expanding, and many users rented places far away from the subway station, and it took more than half an hour to walk back and forth. At that time, I considered I had many commuting plans, but they couldn’t be implemented due to cost reasons. In the end, the only option left was bicycles, which I didn’t expect to implement.After that, it suddenly received support from a large number of users, and this is how the youth journey is now. ”
The pen in Lin Ling’s hand quickly summarized on the notepad, “So, it is precisely because of Mr. Qin’s philosophy of considering the user in everything that we have today’s Youth Home and Youth Journey.” Success, right?"
"Although there is a suspicion of putting money on one's own face, our entire team does this, and this is also our core competitiveness. ”
The interview was over here. Lin Ling put away her notebook and recorder, and the photographer began to take pictures for Qin Hao.
Before leaving, Qin Hao also followed the usual practice of giving Lin Ling collected the "travel fee" calmly. It is not easy for reporters these days. Living in a big city like Shanghai, it is definitely not enough to rely on that dead salary.
To be honest, I have been reading books recently to catch up on updates, switching sources, reading aloud with many sounds, and it can be used on Android and Apple.
I have to say that Lin Ling’s efficiency is still very high. After just one day, Qin Hao. The interview was featured on the front page of the Financial News.
It quickly received a lot of response. On the one hand, the shared bicycle itself is a good topic, and on the other hand, Qin Hao is the founder of Youth Journey. , exposed to the public eye for the first time.
In addition, Qin Hao’s good looks and high education naturally attract the attention of female readers.
Of course, if only. As a report in the Financial News, the coverage of this interview was only limited to the Magic City. What really made Qin Haohuo out of the circle was the spread on the Internet.
At first, Tongji alumni discovered it. This report was then posted on the school’s bbs, and then began to spread on Sina Weibo.
“This is the legendary male god. He is handsome and stylish, young and rich, just like that. Blow it up. "
"I don't believe it. If you give me your phone address, how can there be such a perfect man in the world?"
"The abacus above is so good that I heard it in the capital. ”
“Oh, he is indeed a better person than you, and he works harder than you. The world does not allow ordinary people to live.”
Before, oo and Mobai were together. A lot of effort has been put into online marketing, and it has indeed won them a lot of attention. However, the market vacancies in first- and second-tier cities cannot be filled. Although Youth Journey has not done much marketing before, it can once Office workers and students in second-tier cities use them every day.
Now I see that the shared bicycles that everyone usually rides were founded by such an awesome person, and the limelight suddenly overshadowed those of oo and oo. Mobai.
Qin Hao felt that the time was right, so he released the financial report of Youth Journey last month, which immediately caused a lot of reaction in the capital market.
< p>You must know that early-stage losses are a common phenomenon for Internet companies. They burn money to gain scale. As long as they capture users, they can slowly explore the business model. If it doesn't work, they can increase prices and reduce operating costs after monopolizing it.Youth Journey has made its first profit only a year after its establishment. Although it is still losing money as of now, it may be able to make a profit in a single month. It is already very rare for Internet companies. Many Internet companies It was still losing money until it went public.
After the news was announced, a large number of venture capital investors immediately swarmed in. On the one hand, they wanted to confirm the authenticity of this financial statement. On the other hand, everyone was an old player in the capital industry. Naturally, they knew that Qin Hao released financial statements at this time to prepare for the B-round financing.
Even Sequoia and idg, which invested in OO and Mobike, have shown great interest in Youth Journey’s B round.
Of course, the big fish that Qin Hao had been waiting for finally bit the hook. Not only Penguin, but Ali also sent someone to contact Qin Hao. He was a high-ranking vice president of Ali.
However, Alibaba has made its attitude clear from the beginning. Once it receives investment from Alibaba, it will no longer accept investment from Penguin.
Although this is no longer a secret in the industry, when the vice president of Ali said these words in an arrogant manner, both Qin Hao and Zhu Xiaohu's faces became a little ugly.
"Let's see what Penguin said."
After Ali's people left, Zhu Xiaohu patted Qin Hao on the shoulder. The meaning was obvious. He was also inclined to In round B, Penguin led the investment.
The person Penguin came to this time was still Li Jun, who had worked with Qin Hao before. Obviously, he considered that the two parties were familiar with each other and would be easier to talk to.
"Mr. Qin quietly made such a big noise again. Next time something good like this happens, please inform me in advance so that I can make some achievements." Just after getting off the plane, Li Junjiu gave Qin Hao a bear hug enthusiastically.
Qin Hao said half-jokingly, "Hey, working on these two projects is enough to keep me busy. How can I still have the energy to start a business?"
After getting in the car, Li Jun He asked tentatively, "I heard that Ali has already been in contact with you."
"Well, we just met two days ago." Qin Hao naturally wouldn't hide it. With Ali's pressure, The prices given by Penguin will also be different.
Arriving at the office building of the Youth Home, Qin Hao first took Li Jun around, and then took Penguin and his group to the conference room.
"Mr. Qin, I will not beat around the bush. We are very interested in the youth home project, but there is one thing we need to ask in advance. In the past few months, the youth journey has almost Is it to allow oo and Mobike to expand their territory in third- and fourth-tier cities and put all their energy into the operation of first- and second-tier cities? I really want to know whether this is the temporary strategy of Youth Home or whether it should be implemented consistently. Go down." Li Jun said with a serious face.
When Qin Hao heard this, he also put away the smile on his face. He knew very well that Penguin actually didn’t care whether the bike sharing project was profitable. Penguin’s purpose was to use shared bikes to promote WeChat payment. Currently in the Mainland In the third-party payment market, Alipay is undoubtedly the No. 1, almostIt occupies 90% of the market share, while WeChat Pay only accounts for less than 5%.
The payment entrance is really important. It is related to the life and death of Penguin. Xiao Ma does not care about the profit and loss of a project. From his perspective, he considers the interests of the entire group.
So if the youth tour stays in first- and second-tier cities, it will be worthless to Penguin, because the market in first- and second-tier cities will eventually be full, even if it can earn hundreds of millions or even tens of millions a year. One billion is not worth mentioning for Penguin. On the contrary, even if it loses several billion a year, as long as it can convert users into WeChat payment users, it will still be profitable.
"Of course it is only temporary. The reason why Youth Journey took the lead in consolidating the market in first- and second-tier cities is mainly to optimize the internal management process. Now we have proven the superiority of this model. Next, as long as Once the funds are in place, we can naturally expand into the sinking market."
Qin Hao said unhurriedly.
Several Penguin product managers were obviously relieved, and the smile on Li Jun’s face returned.
"Mr. Qin, can you tell me how many shares Youth Journey will take out in this B-round financing?"
"25"
Li When Jun heard this, he shook his head, "Too little."
Qin Hao's attitude was very firm, "If it weren't for the sake of old friends, I originally planned to only take out 20."
Li Jun was so choked that he rolled his eyes. He had seen many entrepreneurs in investment banks. This was the first time he had seen someone like Qin Hao who valued his shares so closely. Such a good guy was like an angel. No, if he throws his own money at it, isn't he afraid that he will fail?
"Mr. Qin, 25 is really not enough. We penguins must account for at least 20. The significance of the Youth Journey project is the same as that of youth." Home is different, you should know it," Li Jun persuaded with sincerity.
Seemingly convinced by Li Jun, Qin Hao fell into deep thought. After a long time, he gritted his teeth and said, "30, but Penguin can only account for 18, otherwise I won't be able to explain to other investors."
< p>"The premise is that Penguin must give the youth journey the necessary respect."Before Li Jun could refute, Qin Hao said first that for a company, the only thing that can show respect is It’s the valuation of it.
Li Jun hesitated for a moment, "Okay, I believe that no one knows how to respect entrepreneurs better than Penguin."
Facts have proved that Penguin's wealth is not just talk. At the financing meeting, with the highest valuation of 4.2 billion yuan in the audience, he got a seat as the lead investor, and some well-known domestic and foreign capitals such as Sequoia Capital also gave high valuations of more than 3.9 billion yuan.
Soon, this news began to spread on the Internet, and various news about "the birth of the youngest billionaire in the Mainland" and "graduate students from prestigious universities starting a business in their spare time and netting tens of billions" began to spread like viruses.
Netizens don’t care about the fact that the valuation is not equal to the actual value. What they need is to be shocked.With the title of the ball, some website editors also quickly mastered the traffic password and began to write some outrageous essays.
What about Qin Hao’s tragic childhood, and why Qin Hao is from a certain third generation? In short, the more bizarre the story, the more viewers there will be.
Some even pretended to be Qin Hao’s ex-girlfriend, saying they wanted to expose a short movie with Qin Hao on the Internet. However, some netizens clicked on it and found that it was an ordinary little movie website.
What left Qin Hao most speechless was that Jiang Nansun actually clicked in, and the computer was also infected. Qin Hao helped her reinstall the system to fix it.
"What are you thinking about every day in your little head? Am I the kind of person who likes to make short movies?" Qin Hao poked Jiang Nansun's forehead angrily.
Jiang Nan and Sun Sun were both talking, "Humph, why are you so intolerable to loneliness? You had a girlfriend before me, and you are my first love."
"Then you can blame me. Who told you not to show up earlier and make me wait for so long." Qin Hao said confidently.
Jiang Nansun was not happy when he heard this and reached out to scratch Qin Hao. Qin Hao saw something was wrong and quickly moved away. The scene of the two chasing each other was accidentally photographed and posted on Tongji's bbs It turned out that the photographer did not know Qin Hao.
After the photo was uploaded, he was immediately recognized by his classmates, and Jiang Nansun’s identity was naturally exposed.
From then on, whenever Jiang Nansun appeared in school, she would receive all kinds of strange looks. What Jiang Nansun couldn't understand the most was that some boys actually cast jealous looks at her.
Just one month after the B-round financing of Youth Journey, Youth Home also launched the C-round financing. The valuation of this round of financing was directly pushed to 7.8 billion. Now Qin Hao is "newly promoted" The title of "Ten Billionaire" is now firmly established. Please remember to bookmark the website, the latest, fastest and free to read without anti-theft