My rebirth is different

Chapter 376 Financing Plan
Zhou Mengyi was startled, and subconsciously asked, "So many? Is this too radical?"

Knorr Supermarket is different from ordinary supermarkets. Ordinary supermarkets may have a store of thousands of square meters, but Knorr is a super large supermarket, with stores of [-] to [-] square meters at every turn.

This kind of store, ten stores can basically cover the entire magic city.

Because this kind of super-large supermarkets cannot be opened very densely, it will affect their own business instead, especially Knorr Supermarket still adopts the membership system.

Just look at Costco in the United States. For so many years, the number of stores is far from being comparable to that of Wal-Mart. It is taking the route of fewer stores but better.

Yu Wenfei shook his head gently, and patiently explained to her: "We don't have much time to develop slowly, and the best time to expand is in the past two years, otherwise, when the major retail companies react and see the market It is difficult for us to deal with the trend when it starts to exert its strength. Our only advantage is to make a decisive move when they are still hesitant, and occupy the market first!"

Yu Wenfei is right. These days, the domestic retail industry is still in the process of groping, and many companies are still waiting to see the development of Carrefour and Wal-Mart.

Many retail CEOs do not hesitate to go to Wal-Mart and Carrefour to work as "undercover agents" in person, just to learn "the world's leading retail experience".

It is still in the learning stage, so of course it will not make a big effort. In the market, Carrefour is scrambling to occupy land, and Wal-Mart has not really started to make efforts. It is still familiar with the national conditions and slowly accumulating strength in the south.

The expansion of Carrefour has also created a lot of trouble for itself, causing the top management to issue documents directly against it to limit its expansion speed.

Isn't the Zhengda Plaza store just picking up Carrefour's mistakes.

Therefore, Yu Wenfei believes that these two years are the best time for the development of Jiale. If this time is missed, it will be a situation where wolves look around.

Zhou Mengyi naturally does not see the development of these industry trends so clearly, but she believes in Yu Wenfei, because the past has proved that what Yu Wenfei said and did is right, without exception!
…………

Before the end of December, Star Technology finally passed the approval of the "National High-tech Enterprise" qualification that it had applied for for a long time, and a golden bronze medal was also issued.

With this brand, Star Technology will no longer have to pay taxes for a few years. In fact, the company has invested a lot of money now, but it has not yet earned a penny.

If you really pay taxes, you don't have to pay much.

But how much to pay is one thing, and whether to pay is another matter. What's more, this qualification is also a symbol of corporate identity.

With the title of this national high-tech enterprise, no matter it is a school, a district or a city, it can justifiably provide some policy support.

In terms of public-to-public, we still have to pay attention to a name.

Principal Lin of Jiaotong University also "summoned" Yu Wenfei again. Of course, Principal Li was also there.

"Not bad! Young man is driven. I didn't expect you to come to school for less than half a year, and you will create such a big company."

The thin principal Lin patted Yu Wenfei's shoulder vigorously on tiptoe, and said with a gratified face.

"Well, I didn't even think about it. When he first said that he wanted to start a business, I thought it was just a small business, and it would take at least two or three years to see the effect. The result was too unexpected. The website had more than a thousand users on the day it went live. Wan, now it’s more than 2000 million, this is definitely a large website. Xiaofei did a great job!” Principal Li also praised it.

In front of the two principals, Yu Wenfei also had a correct attitude. He said modestly: "It's just a fluke, and I also benefited from the support from the school. From office space to technical support, it has helped me a lot."

Principal Li nodded in satisfaction.

The young people have made such great achievements, they are not arrogant or impetuous, they know how to be grateful, and the future can be expected!

Principal Lin also smiled and asked Yu Wenfei to sit beside him, patted his arm affectionately and said, "As the principal, I still don't care enough about the students. Fly, it’s okay not to go. Time is wasted on those complicated things.”

Principal Li quickly said: "Principal, this is also your job. Jiaotong University is a famous school. You have great influence in both education and academia. In many cases, as long as you come forward, it will increase the influence of Jiaotong University." You can leave the work in the school to us, but those high-end exchange meetings in the world must be done by you.”

"Is the company in trouble? If you need the support of the school, just ask! You are a student of Jiaotong University, so the school is your solid backing. When you have any difficulties, if you can't solve them yourself, don't hold on. You must know how to mobilize resources. , to allocate resources reasonably so that we can accomplish great things." Principal Lin said again with concern.

"There are no difficulties for the time being, and everything in the company is going well." Yu Wenfei replied.

"What about the funds? The funds needed to build such a large website must be astronomical. Now the company is still your own sole proprietorship?" Principal Lin asked.

Yu Wenfei nodded, "It's my personal investment. In fact, I don't need too much money in the early stage. The company didn't spend too much on promotion and publicity. The money is mainly used on hardware facilities and recruiting employees. I estimate it can last for half a year." Well, we will need to raise funds at that time, and I need to ask the two principals to introduce it to me.”

According to Yu Wenfei's estimation, in about half a year, his initial investment of [-] million yuan will be almost burnt out.

Facebook's money burning is different from that of Yitang. Facebook's hardware configuration is definitely the top in the country.

Now a computer room costs tens of millions, and in the future, computer rooms will be opened in other cities, which will cost huge sums of money.

In addition, the salary of the company's employees is also a huge expense.

Because Star Technology is mostly technical employees, the wages of such employees are not low, and they can easily exceed [-].

Star Technology now has more than 800 employees, and is still recruiting continuously. It is expected to reach 500 people in the next year.

A monthly salary may cost 3000 to [-] million!

Therefore, [-] million may seem like a lot, but it can't hold up to spending so much.

As for Yu Wenfei, it is impossible to have another [-] million cash to invest in the short term.

Half a year later is the time for Star Technology to open up and let VC enter the market!
This first round of investment is very important. What Yu Wenfei thinks is not only to get as much funds as possible, but also to dilute the shares as little as possible.

Every company founder thinks so...

(End of this chapter)