Rebirth starts from e-commerce

Chapter 186 Backward Compatibility
"Hello, Mr. Luo!"

"Hello Mr. Bai!"

Luo Xiu met Bai Yu from Sequoia in the office, and two young female assistants he brought over.

"I've always heard that Mr. Luo is very young. When I saw him today, he really is a hero born a teenager!"

Bai Yu said so, but there was no overly shocked look on his face.

In the Internet era before this, many millionaires born in the 80s have been created.

In the coming mobile Internet era, it is not impossible for entrepreneurs to further reduce their age.

After exchanging pleasantries, one of the female assistants flipped through a stack of materials, "Hi, Mr. Luo, I have a few questions for you to ask."

Luo Xiu nodded, "You're welcome, please do whatever you want."

"I saw that the slogan of your rice balls is one-hour delivery, which is impossible for other group buying sites. Why do you promise such a high standard of service?"

"You just said very well, because this is something that other group buying websites cannot do, and it is also the difference between our fantuan and other group buying websites, and it is one of the reasons why we are confident in winning this battle."

"Others can't do it, and it's possible that this thing just can't be done!" She thought for a while, and added, "Maybe you have done it for the time being, but if you continue to expand, your costs will inevitably increase. "

"It's okay, we were prepared for losses in the early stage."

Luo Xiu spread his hands, as if money is not money.

Although the two female assistants looked young, they had prepared very complete materials. Before coming here, they had found out a lot of old facts about rice balls, and each question was very in-depth.

It can be seen that they are not vase characters, they are very capable.

After chatting about some basic issues, Bai Yu, who had never spoken, asked, "I want to hear Mr. Luo's views on the future of group buying websites."

For him, how the company operates is not the most important thing, the most important thing is whether the founder has a long-term vision.

Luo Xiu thought for a while, and gave an astonishing answer, "I think the current group buying market is just a false prosperity, and these bubbles will burst in at most two years, leaving a place of soapy water."

"Oh? Since it's a bubble, why do you still do it?"

Bai Yu suddenly sat up straight with great interest, wanting to hear the other party's reason for saying this.

"To defraud the venture capitalists of a sum of money!"

Hearing Luo Xiu's words, Bai Yu and the others were taken aback for a while.

Bai Yu, the kind of shell company established to swindle money, has been seen a lot. They often rely on a PPT to tell an empty story, defrauding investment institutions of large sums of money, and then go abroad and never come back .

But no matter how stupid a liar is, he won't tell others that he is a liar, right?
"Just kidding, because we never see ourselves as a pure group buying website. Group buying is only a small part of our entire life application ecology. Of course, although we are not liars, it can be said that most of the group buying websites now Websites just want to scam a sum of money, we are different from them."

Luo Xiu seems to be making a joke without knowing the importance, but in fact he is simply adding to the traffic of other group buying websites, especially Meituan, which is about to get investment from Sequoia.

"Back to the question just now, Mr. Luo, why do you think this is a bubble?"

Bai Yu does have a lot of investment plans for group buying websites in his hands, and the company has been hesitating whether he should make a big bet on the group buying track.

Fantuan.com is the leader in the track, and the opinions of its founders are very important.

"I judge whether a business model can be successful, only to see whether it can fundamentally change people's living habits and provide customers with better services.

In essence, group buying is just a model of e-commerce sales. It has not fundamentally subverted e-commerce, and ultimately cannot compete with large e-commerce platforms such as Ali and JD.com. "

"I understand what you mean, then Mr. Luo, what did you mean by the whole ecology?"

When he says the seven words "I understand what you mean", it doesn't mean that he thinks you are right, and it may mean that he doesn't want to talk about this topic with you anymore.

For Sequoia, they don’t expect these group buying websites to really replace Ali and JD.com, they just don’t want to miss any dark horses.

"What I want to build is a lifestyle application platform that includes basic necessities, food, housing, transportation and entertainment. Doing food delivery and group buying are all part of my ecology. I don't care whether they can help me make money right away."

Luo Xiu began to chat with the other party about his vision for this platform, and the other party also gave a lot of valuable opinions.

After the chat, Bai Yu's interest in investing in Fantuan was very high.

"Can I talk to your staff?"

Bai Yu finally made a request.

"No problem, I will give you a list, who do you want to talk to, I will arrange it."

Luo Xiu agreed without thinking too much.

As a corporate executive before his rebirth, he was also interviewed many times by people from investment institutions.

Knowing that before they decide to invest, there will be a due diligence link.They will interview people in charge of key positions in the company, and investigate the capabilities, loyalty, strengths and weaknesses, and management styles of these employees...

If the team members are not capable, they may give up financing or help optimize team configuration.

……

The first person Bai Yu wants to meet is Yang Tianqi, who has the highest education and highest salary in the company.

"Do they want to see me? But I don't know what to talk to them about?"

Yang Tianqi asked Luo Xiu in a daze.

An otaku like him can only immerse himself in technology, but he doesn't understand those fancy things in the capital world, and he is even more afraid that he will accidentally say the wrong thing and mess up the financing.

"Don't worry, they are just lonely and just want to chat with someone, and you don't need to sacrifice your appearance, what are you afraid of?"

"really?"

Yang Tianqi walked into the reception room suspiciously.

They laughed from time to time inside, and they chatted for two hours before ending the conversation.

Yang Tianqi came out of it with a face full of spring, his whole body seemed to be refreshed.

"What did you talk about inside? So happy?" Luo Xiu asked.

"Boss, I finally found my soul mate."

When Yang Tianqi said this, his eyes seemed to be shining.

"It's that Bai Yu? You have quite a strong taste!"

"What Bai Yu, I'm talking about the beauty in the white dress. What's her name?" Yang Tianqi took out his business card, "Oh, that's right, her name is Lu Manshu."

"So you are abandoning your sister-in-law?"

"Sister Pao is a two-dimensional wife, this one is a real wife, there is no conflict."

"I've only chatted with him for two hours, is she your wife?"

"Boss, you are still young, so you won't understand." Yang Tianqi explained, "For an old otaku like me who doesn't know how to talk when he sees a girl, it's the first time I've talked so much with a girl. The spiritual world is highly overlapping, and she must think so."

After hearing this, Luo Xiu laughed, "You chatted very comfortably with her, and it feels like she's a friend you've known for a long time. It's not necessarily because you fit her well, it's more likely that she's a few ranks higher than you. She's just being backward compatible with you."

"What do you mean?"

"You are in IT, do you need me to explain what backward compatibility is?"

"What you said is only possible. Manshu and I can really talk."

"Hahaha, honest people like you like to lie to yourself, be careful of being deceived by a scumbag."

Luo Xiu smiled and left.

(End of this chapter)