Reborn Entrepreneurial Giant

Qu Li continued to be busy with various things. The Olympic Games are in full swing. Starting on August 10, Phelps began his own legend. On August 16, Bolt won the title of the fastest in the world. Lin Dang, Guo Guo Jin Jing won the championship one after another...

The 8 gold medals in the Olympic Games endorsed Xiangyun fashion casual sports shoes; the world's fastest endorsed Xiangyun professional sports running shoes. Jumei·Xiangyun appeared on various websites and TVs time and time again, "Your energy is beyond your imagination!" This ad slogan resounded throughout the whole China.

It is a pity that the construction of Xiangyun's offline channel has not been completed, and the traffic is scattered to the Jumeijuhuasuan website, which accelerates the sales of the website and Xiangyun brand again.

After the Olympics, Jumei will have some marketing activities. Qu Li probably won’t participate. The news that he wants to build a new energy vehicle has spread in the industry. Many people inquired about the news. Entrepreneurs returning from Silicon Valley took the initiative to find them.

Yu Ping graduated from Tsinghua University, University of Michigan, and Massachusetts Institute of Technology successively, and worked in the hybrid engineering technology and strategic planning positions of General Motors US headquarters for many years; co-founder Cai Wei was once the director of hybrid technology at Remy Motors in the United States ...

"How many people are there now, and what is your education level?"

"Less than 10 people."

"..." If you don't look at their resumes, it's okay, these two people?

"Victor Venture Fund and DFJ Dragon Fund have invested US$1.6 million in us..."

"Our professional ability is there..."

"I'll invest in you, can you enrich your team?" Qu Li didn't doubt their professional ability, someone endorsed them.

"Guaranteed no problem!"

"What's your strategic plan?"

"First develop an excellent motor for pure electric vehicles..."

"Can you really insist on technology first and surpass Wanwan Tomita?" Qu Li didn't know much about the motor industry, and Tesla used motors developed by Wanwan.

"Tomita Electric? Never heard of it."

"Tesla supplier."

"This industry has just started, and no company has an absolute leading advantage. Tomita Electric should be a small company that is willing to cooperate with Tesla..."

"Then are you willing to cooperate with other new energy vehicle start-ups?"

"Of course, we're just a small company."

"Okay then, how much do you want and what are your uses?"

"The first is to rent a cheaper place to build a factory, and then recruit people..."

"Won't it be used for personal consumption?"

"Our income before starting a business was not bad, and we are not short of money for the time being."

"Let's give you 1 million dollars first, and we will add more after the results are produced, so that your shares will not be diluted too much."

"Okay! But can we have a look at Tesla's motor?"

"..." Ma De, everyone wanted to tear down his Tesla, Qu Li was very depressed

"Do you have any friends in GM who are engaged in the development of new energy vehicles?" Qu Li remembered that before Tesla, GM was the world's most powerful pure electric vehicle technology company

"The electric vehicle division was disbanded two years ago..."

Qu Li was helpless. This small company called Jingjin Electric was valued at 5 million US dollars before, but now it has no products, and there are less than 10 staff members, and only two technical leaders can support it. Based on the total share capital of 5 million, Jingjin Electric issued 1 million additional shares to the Vision Fund at a price of one dollar per share for a total of one million US dollars.

Invested in a motor company, electric control must establish a car company to start development, batteries still need to work hard, unfortunately this thing is too professional. Sun Jianhe helped him contact Central South University to see if he could gain something.

Before leaving Beijin, Honor contacted China Merchants Bank, ICBC and other banks to borrow money. As a hardware company, it was able to borrow money by relying on the orders in hand. After the transfer of the shares held by Lehman Brothers, Honor G2 quickly cooperated with several operating companies. Contracts have been signed with suppliers, and now more than 3 million units have been sold. Based on the minimum of $499, the value of the order exceeds $1.5 billion. At this time, only fools will raise money, of course, by borrowing money.

Huatou took a huge advantage by investing in Glory through Xiangjiang Investment. Their boss even talked to Qu Li. The financing problem is not difficult to solve on the basis of

However, it is obviously inappropriate to use orders as mortgages for billions of dollars. CICC did not know where to get the news, and went to Beijin to help him issue corporate bonds.

"We have only been established for more than a year, can we really successfully issue bonds?"

"Although it's a bit difficult, it shouldn't be a problem with Glory's profitability..."

Apparently, someone in the market calculated the material cost of Honor by borrowing Honor G1 and G2 mobile phones, and then estimated the profit. The gross profit of the G2, which is priced at US$499, exceeds US$100. It is widely recognized that Honor is a high-end mobile phone brand with strong profitability.

The father of the person in charge of CICC is a very important person. Although Qu Li wanted to greet his father through the person in charge, he didn't dare to speak. Nodding and agreeing to allow CICC to help Glory issue 500 million US dollars of corporate bonds in a non-public manner.

"Don't you need to pass the board of directors?" CICC CEO Zhu Yunlai asked curiously

"Is there still such a rule for issuing bonds?"

"No, I mean such a large sum of money, is it inside Glory?"

"Oh, of course there is a process. I made a decision and let them take over the follow-up matters. If your commission is too high, you will still be rejected."

"I heard that you paid 10 million US dollars to Accenture for consulting?"

"The news has been spread. It is an invitation, but there are not so many. The specific amount needs to be kept secret." Accenture wanted to promote it, so it gave a discount to Glory.

"What do you think about it? Don't you think it's a waste of money?" Zhu Yunlai was very curious about this young founder. The company is so big, but there is no major turmoil in the management.

"It's a waste of money. Everyone disagreed at the beginning, but I want to spend money to buy time and experience. I don't want to learn how to be a multinational company from scratch..."

"Is Accenture Working?"

"Who knows? Personally, I don't think it's reliable. If Glory survives next year's expansion, I think this consultation will be effective." Qu Liting said frankly

"They are all opposed, why do you dare to insist?"

"Why not? Everyone is discussing the matter on a case-by-case basis. They are all thinking about the future of the company. It's just a consulting company. I don't have any personal interests involved in it, let alone cause irreparable losses..."

"Is your company not afraid of failure?" Zhu Yunlai continued to ask

"Those who didn't know thought you were going to invest in Glory. Sorry, our company is not result-oriented, and employees are allowed and encouraged to make mistakes, but the premise is that they have value and avoid some low-level mistakes..."

The more Zhu Yunlai heard it, the more shocked he became. Can such an idealized enterprise really succeed? What you need to know is that Ali's corporate culture is result-oriented, for example: the result without process is called garbage, and the process without result is called fart. But innovation is not so easy. Ten attempts may result in ten failures. To not allow failure is basically not to allow innovation.

In Zhu Yunlai's thinking: Glory may have a group of entrepreneurs with ideals, or else under the sudden wealth, there will inevitably be a struggle for interests and power...

However, the truth may be unexpected. Li Yinan may have positioned himself as a technician because of a failure, while Zhou Shaoning saw Qu Li as an orphan, but he has been right since he started his business, and he has never been short of money. All kinds of performances are amazing. Only Qu Li is ignorant. ...