Reborn: Billionaire in College

Chen Pingjiang said Wan Yuqian was lucky, and that meant she was really lucky.

It just so happened that Wu Jing got the money when he was at his lowest point. As long as nothing major changes happen in the future, he can almost make money without doing anything.

Chen Pingjiang also prefers Wu Jing. Regardless of whether he is a Wolf Warrior or not, he just thinks this star is quite down-to-earth.

He looks much more comfortable than the bunch of pretty boys who appeared later. This is what a Chinese man looks like.

"I don't know what Jia Yueting was thinking. Is he so confident? He just came here on purpose to bump the gear." Wan Yuqian asked.

Chen Pingjiang laughed and said, "You think he's stupid, but he's actually very smart. He deliberately released it a few days earlier than us, so he can get a lot of traffic, and the showdown between the two romance films can also bring a lot of topics. Of course, it's definitely risky, but you can't get a tiger cub without risking it."

The decision to advance the release date is in line with Jia Yueting's adventurous spirit.

"I understand. I'll make proper arrangements when I get back. I'll definitely not let him have an easy time." Wan Yuqian nodded.

There is now a consensus within Renren Entertainment Group that future competitors will definitely be the video websites under BAT, namely iQiyi and Tencent Video.

Because these websites have resources and money.

But these companies have not yet developed, but LeTV has been thriving in the past two years.

…………

Beijing.

In a private room on the second floor of an affordable roadside restaurant.

Cheng Wei and Wang Gang, former superiors and subordinates and today's comrades-in-arms, get together again.

Cheng Wei fiddled with the APP in his hand, and after a while he shook his head. "I asked a few taxi drivers to try it today, and they generally said it was not very good. The lag is a small matter, but the most important thing is that the APP experience is very bad, it consumes a lot of power and data. To use the words of Lao Li, who has worked with us the longest, I don't know if I can pay for data with the money I earn in a day. The key is that if you want to receive orders, you have to be in standby mode."

Wang Gang smiled bitterly: "It's my fault. This friend's company is not reliable. The product is not good, but I can't tell him directly for fear of hurting the relationship. The most important thing is that we are both sales people and don't understand technology."

Cheng Wei shook his head: "It's okay, come on, let's go."

The two men raised their glasses and drank the beer in them.

"If this one works, keep using it. I'll find someone to develop another one. This time I'll pay a little more and ask them to complete it in the shortest time possible." Wang Gang said.

Wang Gang has worked at Alibaba for more than 10 years, in charge of the B2BBJ region, Alipay merchant business unit and organizational development. His nickname is "Lao Dan", which shows his admiration for Zhuangzi. His faith is also reflected in his clothing, as he dresses like a Taoist priest.

Cheng Wei and Wang Gang worked together at Alibaba for many years. At the beginning of this year, they left Alibaba and prepared to start their own businesses. At first, they had a naive idea of ​​starting a group company together, but they changed their minds because the operation was too difficult and financing was not smooth. Wang Gang invested money to support other brothers in starting their own businesses.

The idea of ​​making a taxi-hailing app was conceived by Wang Gang and Cheng Wei, mainly because they saw that UBER was very popular in foreign countries, and China is a country with a large population, so the demand for taxis is very high. With the popularization of smartphones, taxis will become a huge demand.

After deciding to start a business, Wang Gang invested 70 yuan and Cheng Wei invested 10 yuan, and they started their business in May 2012. Cheng Wei was just a middle-level manager in Alibaba and did not save much money.

Neither of them had any entrepreneurial experience. They only made a demo and a barely launched product, and then went to raise funds, asking investors for $500 million. They looked for all the VCs they could find, but to no avail.

"The most important thing for us at Didi now is time. There are many companies with the same vision as us, and everyone has seen Uber."

Cheng Wei nodded and said, "I don't really care about YoYo Taxi. The only thing I'm afraid of is that RBAT and other companies will come out and steal our business. Then we won't be able to resist."

Wang Gang laughed out loud, with an expression that said "You are too young". "How many domestic startups can get rid of RBAT? Don't worry, the taxi-hailing business will probably be like the group-buying wars of the past, and it will definitely be a life-and-death battle in the end. We must hurry up to find the A round of money to support our expansion in Beijing, and then find a mountain to pay homage to."

Cheng Wei couldn't help but ask, "Is it okay not to worship?"

Wang Gang shook his head: "Of course not. In the end, this game is a competition of capital. Didi, Yoyo Taxi, Kuaidi, and Bumblebee are just pawns on paper. Behind them are the big guys. If you don't pay homage to a leader, you will die faster because investors will not trust you."

"So, now we have to work hard to fight our way out of the siege so that the big guys will take a liking to us and personally choose us as their horses."

Although Cheng Wei knows that this sounds extremely cruel, he has to admit that this is the fate of domestic Internet startups.

If it’s just a small track, the big guys generally won’t pay attention to it.

The big guys can only focus on big projects and big markets.

And taking a taxi falls squarely into this category.

Therefore, the destiny of this type of start-up company is no longer to rely on its own strength to break through the siege and become a new pole of the Internet.

It's more like trying to survive and then finding a father for yourself.

He built his empire with the help of his father.

Cheng Wei smiled and said: "If I were to choose, I would definitely choose Renren."

Wang Gang rolled his eyes: "You talk as if others will be attracted to us. In fact, maybe Alibaba is the right place for us. After all, we are both former players of Alibaba."

"Forget it!" Cheng Wei waved his hands: "What's our relationship? You left Alibaba in such an ugly way. If I join Alibaba with Didi, I'll be shameless." "Cheng Wei, you need to change your bad temper. You are an entrepreneur now after all. Don't be so naive in front of capital. Capital will give up everything as long as it sees benefits. If Alibaba is really willing to invest in Didi now, I will have absolutely no complaints. What does the trivial matter in the past matter?"

Cheng Wei's face flushed from drinking. "In that case, I will definitely go to Renren.com. They have the channels, traffic, and funds."

"Let me take a call." Wang was about to speak when he heard his cell phone vibrate. He took out his phone and saw that it was Zhu Xiaohu from Jinsha River.

"Hello, Mr. Zhu, what can I do for you?"

Cheng Wei, who was sitting next to him, quickly pricked up his ears.

Jinshajiang was the venture capital firm they were looking for, and they had been explicitly rejected before. Unexpectedly, they now called them.

After a while, Wang Gang hung up the phone and said in a surprised tone: "Zhu Xiaohu actually said he wanted to come and visit us?"

"Didn't Jinshajiang plan to invest in Yidao? Why is Yidao failing?" Cheng Wei was curious.

"I don't know, I'll know later."

The two of them drank and chatted for about twenty minutes. During this time, they asked the chef to quickly prepare a new table of dishes so as not to neglect Zhu Xiaohu, the capital tycoon.

Zhu Xiaohu did arrive very quickly. He had met Wang Gang before, but did not know Cheng Wei.

After some introductions and sitting down, the three of them started chatting.

Zhu Xiaohu did not hide it: "I will not hide it from you. I investigated Didi and Yidao before, and finally chose Yidao. The investment agreement was signed, but after due diligence, I decided not to invest."

Cheng Wei asked curiously, "Why is this happening, Mr. Zhu?"

Zhu Xiaohu laughed and said, "The penetration rate of smartphones among drivers is very low now. In order to expand the driver base, Yidao wants to give drivers free smartphones. It is not impossible to do so, but the cost of customer acquisition is too high and the efficiency is too low."

Cheng Wei and Wang Gang looked at each other and realized that the opportunity had come.

Zhu Xiaohu said: "So I want to talk to you today and see how you plan to operate."

Wang Gang smiled and nodded to Cheng Wei, signaling him to speak.

Cheng Wei took the lead: "I am different from them. I always think that the focus should be on the driver side. This is just like what Renrengou did during the group buying war, giving priority to grabbing drivers."

We are all smart people, so there is no need to make things too clear.

When Renrengou first entered the group buying market, it first focused on the merchant side and had accumulated too many brand advantages.

It's the same now.

Even if there are passengers but few drivers equipped with the devices, they cannot handle the passenger traffic.

When Zhu Xiaohu heard the words "Renrengou", his expression suddenly became a little unnatural.

How painful these three words made him feel.

Zhu Xiaohu wanted to invest in Renren many times, but was ruthlessly rejected by Chen Pingjiang twice, and missed out on the wealth created by Renren and Renrengou.

The most disgusting thing is that Zhu Xiaohu later invested in Lashou.com, but Lashou.com collapsed soon after. It went from being the number one group buying website to having no hope of going public, and lost a lot of money.

From then on, Zhu Xiaohu invested in Ele.me, and ended up meeting Renrengou again.

Although Ele.me is not dead at the moment, its market share is too low and it is destined to not make any waves.

Therefore, when Zhu Xiaohu heard the name Chen Pingjiang and even the word "everyone", he seemed very uncomfortable.

On the one hand, he was angry that Chen Pingjiang looked down on him and never agreed to let him get on the boat, and he repeatedly sent him to the opponent's side.

He had fantasized more than once whether the ending would be different if Jinshajiang had met Chen Pingjiang earlier that day.

He even fantasized about how much money he could make if he, Zhu Xiaohu, replaced Sequoia International.

After thinking about it, Zhu Xiaohu asked a second question: "If RBAT and other companies enter the market, or even want to do it themselves, how will you respond?"

Wang Gang took over the topic and said, "We were just discussing this topic. If RBAT wants to join the game, we will immediately bring in their competitors. We must all start from the same starting line. And even if these companies do it on their own, they still have to abide by the objective laws of the market. They all have to promote it city by city. As long as they compete on speed, Cheng Wei and I are good at local promotion. We are not necessarily afraid of them. We can still find their competitors to join us in the game."

"What if Chen Pingjiang comes in?"

Fatal problem!

Wang Gang and Cheng Wei looked at each other and felt that this question was difficult to answer.

After a long pause, Cheng Wei finally said frankly: "If they only invest in one company, then we must become that company; if they want to do it themselves, then we'd better pack up and close down as soon as possible." (End of this chapter)