You call this entrepreneurship?

Chapter 71: Burning money means burning venture capital money

Although the beautiful customer service staff, including Rachel, were very reluctant to leave MIT, they quickly changed their identities under the strong order of their boss.

Then he returned to his new job and began to look for new prey in Harvard.

Qin Shaoyan doesn't care about the complaints from these beautiful customer service girls. He is just doing promotion, not really charity or welfare.

One date a week is the limit for everyone, and no more is definitely not enough.

The reason why beautiful customer service workers are given such high salaries is that, in addition to the work that requires their dedication, part of it is hush money.

Now is the time to race and enclose territory, and every minute and every second of the crazy expansion is precious.

On average, each of these beautiful customer service agents can attract a thousand user registrations, and MIT was compromised in just one week.

This speed left Fred speechless in shock, calling Hollyshit.

"John, you are such a genius." Fred said excitedly, "In less than a year, the entire university in Boston will be using Facebook!"

"One year is too slow." Qin Shaoyan said lightly, "We have to speed up, otherwise competitors will appear soon."

"From now on, we need to change our strategy. While attacking Harvard, we should not forget those surrounding schools."

"What we have to do now is to continue to recruit one university after another to join us and make our platform bigger and stronger."

"As long as there are more than ten universities, we will start the Popular Star activity to add another fire to everyone."

Thanks to the efforts of the Jennifers, the otakus have no single enemy and have fallen one after another.

After the spring breeze passed, it quickly disappeared and became a popular urban legend in the university.

With this kind of blessing, Facebook has conquered cities and territories unstoppably, especially those non-Ivy League universities, which have expanded faster than anyone imagined.

In half a month, Facebook has occupied twelve university campuses, and its expansion momentum is still accelerating.

Based on this situation, Qin Shaoyan made a decisive decision.

Start the Popular Star event.

……

Tracy is the cheerleader of a high school team and is a popular figure in the school.

Sexy and cheerful, she is very popular in school and is the focus of everyone's attention wherever she goes.

Tracey enjoys the feeling of being in the spotlight, as if she is a star.

Her dream is to become a supermodel or a Hollywood star and live in the center of the spotlight.

It was simply the paradise of her dreams.

Tracy was walking on the way to school as usual, greeting her classmates enthusiastically.

As soon as she arrived at the school gate, a middle-aged man holding a camera blocked her way.

"Hello, Tracy." The middle-aged man introduced himself with a smile, "My name is Jack, and I am a talent scout. Are you interested in becoming a model?"

"Of course." Tracy nodded without hesitation, then looked at the other person and asked warily, "Which company do you belong to?"

"I belong to an Internet company called Facebook." The middle-aged man took out his business card and said, "We are conducting a campus popular star selection event."

"Facebook?" Tracy was a little surprised, "Is it the Facebook that's popular on college campuses?"

"Yes, Facebook recently decided to open registration to high schools." The middle-aged man said with a smile, and handed over an introduction picture book, "I think your temperament is great, you can try to participate in this event." Tracy turned the page After reading through it, I was quickly attracted by this activity.

The campus popular stars are currently in the audition stage, and three popular stars from each school are selected, including three men and three men.

After advancing through the auditions, there will be an elimination PK competition. After ten rounds of competition, three popular stars in the United States will be selected.

These three popular stars will sign with Facebook's agency and become exclusive models.

This is not the point. The point is that the winner of Popularity Star has a prize of half a million dollars.

The second and third place will receive prizes of US$300,000 and US$100,000 respectively.

Tracy was stunned for a few seconds, and then quickly said: "Facebook, right? I'm participating!"

Soon Trish began to canvass the campus extensively, inviting her best friends, friends, cheerleaders, and even dog lickers to sign up for Facebook.

In other high schools, influential figures like Tracy have also taken active actions to expand the territory of Facebook.

The skyrocketing number of registered users made Fred a little frightened. As the server continues to expand, the costs are also rising.

"John, the bonus for a popular star is nearly one million US dollars." Fred persuaded with great reluctance, "Isn't this amount too high?"

"Is it high?" Qin Shaoyan said lightly, "It's not spending my money anyway, it doesn't matter if it's high or not."

"Walter?!" Fred was confused, "You didn't spend the money? Whose money did you spend?"

"Of course, whoever has the money spends it." Qin Shaoyan looked at Fred with a smile, "To build the Internet, you have to be willing to burn money, but you can't burn your own money, you have to burn the venture capital's money."

"Activate your connections immediately and contact Sequoia Capital, Goldman Sachs, and Microsoft. How can we make money if they don't pay for it?"

……

Soon George's connections came into play again. His lawyer classmate helped him contact Sequoia Capital, who also expressed interest after reading their Facebook profile.

The two parties agreed on a meeting time, and Qin Shaoyan took Fred and George and flew to Silicon Valley to prepare for contact with Sequoia Capital.

Sequoia Capital showed great importance and sent a vice president named Taylor Frank to meet with Facebook's senior management team.

After the two parties introduced each other and exchanged pleasantries for a while, Taylor got straight to the point and said: "I read the information you sent me, and the data is indeed very beautiful."

Taylor spread his hands and gestured, and said meaningfully: "It's so beautiful that it's unreal."

Qin Shaoyan replied without showing any signs of weakness: "All the data we showed Sequoia are real data from Facebook. If you are willing, you can go directly to Facebook headquarters to view the background data."

Taylor smiled, "You look confident, young man."

Qin Shaoyan smiled lightly, "Because of my strength, I am confident."

"Very good." Taylor nodded, "I like confident people."

"The acquaintance social networking site based on campus is indeed very thoughtful, and its development speed is also surprising."

"But I have a few questions." Taylor pondered for two seconds. "If a competitor appears, how will you deal with it?"

Qin Shaoyan smiled and said, "Competitors are not a problem for us. They do not pose a threat to us. Our only weakness now is that our funds cannot keep up with the speed of expansion."

"Oh?" Taylor looked at Qin Shaoyan with interest, "Young man, you said that competitors are not a problem. Can you give me a reason?"

Qin Shaoyan raised three fingers and said, "I can give you three reasons."

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(End of this chapter)