Sprinkle coins every day

Chapter 189 Germination is stuck in a bottleneck period, start again!
Seeing off Cao Yanhua, Zhang Shuo leaned on the sofa.

Look lazy.

I have to admit that in the past month, he has become more and more relaxed.

Not as busy as before.

In addition to the support of Germinal executives, it is also because Germinal's development has rarely entered a bottleneck period recently, and it is difficult to make major breakthroughs in a short period of time.

social track.

After defeating Weichat, what Weixin had left was to consolidate the basic market, and it was difficult to challenge ICQ in a short time.

game track.

After launching a batch of new games intensively, the production of the third batch of games is still underway, and there won't be any big surprises in a short time.

The biggest melon is fighting with Tengda in the dark.

Local life service track.

Green orange retail and green orange technology are also developing rapidly. It is true that they are conquering cities in major cities, but they are only new players in the local life service industry.

It is difficult to become a big climate in a short period of time, and it takes time to settle.

Cloud Computing Track.

Not to mention, in addition to requiring a lot of investment to build a data center, the corresponding research and development must also keep up, which will be an extremely long process.

There is no rush at all.

On the contrary, the overseas business has been booming recently, and Sunlight Holdings has also made some name in Xiangjiang, but they are mainly second-hand dealers, and there is no big bright spot.

Finally, there is the investment business.

Although it has successfully won the two future super unicorns of Wujiang Technology and Linde New Energy, they are still in the incubation stage, and it is difficult to see the effect in the short term.

Basically, it is a long-term investment.

research and development.

With the help of the Spring Sprout Fund, the Hundred Talents Program has been launched, several scientists have been recruited, and several laboratories have been set up, but the next step will be a long incubation process.

Three to five years may not produce results.

With such an inventory, it is really hard to say that Germination has any special surprises. All business lines are developing rapidly, and it is difficult to make major breakthroughs in a short period of time.

It takes time to settle.

Thinking of this, Zhang Shuo called out the personal panel that he hadn't opened for an unknown period of time, checked the latest work results, and took a wave of fund inventory by the way.

【Host】: Zhang Shuo
[Reputation]: Level 3 (2/10)
[Talent]: Concentration Lv1, Insight Lv1, Tenacity Lv1
[Gain]: Xueba halo, charm halo

[props]: none

[Level]: Level 8 (79 million/150 million)
【Support Fund】: 500 million/day

[Cash]: 10.5 billion

[Loans]: 28 billion (bank loans) + 2 billion (corporate bonds)
[Overall Valuation]: 275 billion

[Holding company]: Germination Holdings (100% holding) (under the jurisdiction of Green Orange Retail, Green Orange Technology, Jade Bird Interactive Entertainment, Qinghe Technology, Germination Real Estate, Qingyun Data and Sunlight Holdings and other seven first-level subsidiaries)

[Participating companies]: Wujiang Technology (35%), Artemisia Map (10.5%), Walli Intelligent Manufacturing (35%), Linde New Energy (35%), Auto Network (10.5%)

"A very eye-catching report card!" Zhang Shuo evaluated himself with a smile.

With the rise of Bud, his reputation has also risen. He has broken through the 2 mark, and is expected to reach a new level within a year or two.

Impact level 4 prestige.

That is, the three talents of "Focus", "Insight", and "Toughness" are still at level 1.

Zhang Shuo was suspicious.

Whether he can wait until his talent upgrades in his lifetime, he suddenly has some expectations.

In terms of funds, even in the last month, they have successively invested in Linde New Energy and Automobile Network, and Mengya still has a huge liquidity of 10 billion+ lying in its account.

This is not counting the profit expected to be handed over by Jade Bird Interactive Entertainment in April, which will start at least 3 million.

The cash flow has become abundant again.

In the final analysis, after selling the overseas agency rights of "Subway Surfers", he received a huge sum of 8.5 million yuan in one fell swoop, which greatly filled the budding cash hole.

Further back.

For example, "Brain Hole Master", "Snake" and "My Kung Fu Special Cow" that will be launched later, although they can also be released overseas, the agency fees are not so exaggerated.

Especially "My Kung Fu Special Cow", except for Southeast Asia, it is estimated that it will be difficult to find a market in other regions.

"Brain Hole Master" is not profitable.

The only thing that can bring some surprises is probably "Snake", which has no cultural gap. Jade Bird Interactive Entertainment is already negotiating with Sunlight Holdings.

It is estimated that the overseas agency fee will be in the range of 2-3 million.

Adding the three games together, the overseas agency fee is estimated to not exceed [-] million.

On the other hand, Weixin’s overseas version of Wichat, if Sunshine Holdings operates successfully, then Qinghe Technology will have at least 10 billion+ income, and will achieve a record profit.

Just to operate Wichat transactions, the process will be very complicated.

First of all, it is necessary to register a company in the beautiful country, and then find a suitable investor, such as Pirates Saint Group, and then hire a professional team to negotiate specific technology transfer fees.

You can't just talk about it.

But no matter what, with this amount of funds in the account in the future, Weixin's subsequent marketing expenses can be considered settled, and there is no need to rely on the holding company for support.

It is also a disguised turnaround.

The abundant capital flow has also increased the entrepreneurial level, and the experience value is approaching the 800,000 mark, which is more than half of the experience value required for upgrading.

Finally, there is a slight hope of upgrading.

But having said that, although there are billions of liquid funds lying in Germination's account, it is still far from enough to realize the grand development plan proposed by Zhang Shuo before.

this money.

Not even enough to build another large data center.

Zhang Shuo can only hope that the monthly profit of Jade Bird Interactive Entertainment can quickly break through the 5 million mark, and provide continuous financial support for the great development after the bud.

This also exposed Bud's weakness - the profit point is too single.

If you benchmark against Tenda, you will find that, apart from the support fund that has been launched, the only profit point for Germination is game revenue, while Tenda also has advertising revenue, value-added service revenue, and e-commerce transaction business revenue, etc.

It's not that Germination's subsidiaries, except Jade Bird Interactive Entertainment, don't make money.

Taking Qingcheng Retail as an example, the stores already in operation, especially the headquarters in Binhai City, after the official launch of Qingcheng Takeaway, the monthly profit of a single store has exceeded [-].

And it continues to grow.

However, Qingcheng retail is still accelerating its expansion. In addition to the full rollout of stores in Binhai City, flagship stores will also be built in the CBD areas of first-, second- and third-tier cities.

Although it no longer follows the self-purchase store model, it still insists on self-operating instead of franchising.

This is a staggering expenditure.

That's why it is said that Green Orange Retail is both profitable and not profitable.

Another example is Qingyun Data. In another two months, when the Houhai data center is officially put into use and the relevant data service contracts are implemented, it will turn losses into profits in one fell swoop.

Of course, the premise is not to share the construction cost of the data center.

Another example is Sunshine Holdings. By acting as an intermediary for the subsidiaries of Sprout to go overseas, each transaction can earn a lot of "intermediary fees", but it has to bear overseas financing costs.

The profitability situation is also not optimistic.

The only ones that burn money are Qingcheng Technology and Qinghe Technology. These two software companies with the name of "technology" will be in a state of loss for a long time in the future.

This is actually the "normal" of many Internet companies.

Not to mention Qingcheng Technology, even an e-commerce giant like Jingdong has been losing money on its books until a few years after its listing.

All that is burned is the investor's money.

It can even be said that the vast majority of Internet start-up companies have basically been in a state of loss until they go public, and very few of them can achieve profitability within three years.

In the early days of Tenda’s development, didn’t you also encounter the dilemma of not being able to make profits?
Germination is pretty good.

It's just that Zhang Shuo is not a person who is easily satisfied, and he can't relax at all. Instead, he wants to do something more to continue to expand the budding business territory.

This is actually a very dangerous move.

At the earliest time, the second uncle teased Zhang Shuo for "a hammer in the east and a stick in the west". At that time, the buds entered the three major tracks of social networking, games, and retail at the same time.

It's even worse now.

The four major business segments of real estate, cloud computing, investment and overseas have been added.

It can be said to bloom more.

If it were any ordinary company with such a large stall and such an opening, it would be hard not to have problems.

As the saying goes, every line is like a mountain!
Just because a company can get away with success in a certain field does not mean that it can copy its successful experience to other industries and continue to be successful.

Every industry has its own way.

Those who sell houses go to sell water, those who sell water go to sell wine, those who sell education go to sell clothes, those who sell air conditioners go to sell mobile phones, and those who sell alcohol go to sell houses.

In the end it was all chicken feathers.

The so-called giant companies in the original time and space that take the diversified business route are just superficial scenery for a while. After the cold winter comes, it will be difficult to end in the end.

Instead, the ones that survive are specialized companies.

But sprouting is different.

To be precise, Zhang Shuo, Germinal’s soul, is different. He has the foresight beyond the times and the blessing of the system, which is enough to control Germinal’s expansion in many fields.

It's not that Zhang Shuo is greedy.

Rather, he is very clear that although the next ten years will be a golden period of development, the real boom period is actually the last three or four years.

Some industries, such as the mobile phone manufacturing industry, have even solidified their pattern in the past one or two years.

The mobile social track, which has already won half of the game, has only a few months of time difference, and there is no way to win Weichat if it is later.

Time is actually very tight.

If Germina doesn't take advantage of the next two years to get tickets to enter various tracks, and wait three to five years later, even if the money is too much to spend, it will be useless.

How could Zhang Shuo be willing?
That's why he has to adopt a "greedy" attitude, never be satisfied with the status quo, never be satisfied with the current achievements, once he finds that the germination has slowed down, he is ready to whip the whip again.

Hurricane dash is a must!
But to continue to toss, Zhang Shuo naturally thought of the mobile phone industry in his mind.

"It's time to contact Gu Mingzhang!"

(End of this chapter)