Reborn Entrepreneurial Giant

Qu Li's US$50 million investment in a pure electric car company that is in a desperate situation is considered by everyone in the vision investment to be a irrational move.

"Don't worry so much, I believe in Musk." Qu Li Gangang asserted, and then began to explain: "You know SpaceX, right? On September 28 this year, the Falcon rocket finally successfully launched for the fourth time this year..."

"..." Everyone was still puzzled

"SpaceX has strategic value no matter which country it is in, isn't that true?" Looking at the companies or countries that are capable of launching rockets around the world, you can clearly know how powerful SpaceX is.

"Musk has a lot of friends in Silicon Valley, including the founder of Google. The upper echelons of the United States should have noticed Musk and his company. SpaceX should be able to get a large order to keep this company alive.

Besides, in the auto industry, General Motors is about to go bankrupt, and the three major auto brands in the United States have left some dignity for Ford. Let’s not talk about companies, but consider the auto industry in the United States, or the hollowing out of the manufacturing industry.

With the outbreak of the financial crisis, many people said that the negative impact brought by the hollowing out of the manufacturing industry in the United States, so it should be understandable to introduce supporting policies for the manufacturing industry after the change of president. Ao Guanhai said that he would support new energy and environmental protection industries... ..."

The president of the United States was actually confirmed on November 4th, and there is still a process to go. Ao Guanhai is the successor, so many people are studying him, including investment institutions such as Envision. Aoguanhai later supported new energy and environmental protection industries, information and Internet industries, biological and medical industries, space and marine industries, all of which are industries in which the United States has an advantage.

Looking at the problem from a higher perspective, the value of Tesla is completely different. Qu Li spent US$50 million to acquire 10% of Tesla's additional shares. Musk was so excited that he almost wanted to dance for him, but he stopped him, it was too hot.

I left Tesla and went to Yahoo. At the beginning of the year, Microsoft wanted to acquire Yahoo at a price of US$31 per share for a total of US$42 billion. Yahoo’s board of directors authorized CEO Yang Zhiyuan to raise the price, and the deal fell through.

In the following months, the subprime mortgage crisis intensified, Yahoo's stock price plummeted to $10, dissatisfied investors joined the board of directors, and a series of turmoil occurred. Yahoo founder Yang Zhiyuan was used as a scapegoat.

Qu Li's affairs came to an end, and he happened to come to comfort Yang Zhiyuan, a good old man. If he has enough capital, he may take the opportunity to acquire more than 5% of Yahoo's shares, and then join the board of directors to transform to the mobile Internet, but it is a pity that he speaks lightly.

"Yahoo's annual revenue is more than 7 billion US dollars, and the profit is probably 500 million. There are still many opportunities." Qu Li is envious, Jumei's market value is less than 1.5 billion US dollars.

"But the market doesn't agree." Yang Zhiyuan was a little discouraged. He thought he could control the situation, but he didn't expect to be defeated in the end.

"The wave of mobile Internet has started, if Yahoo seizes the opportunity..." Qu Li proved with his glorious development that the mobile Internet has a bright future.

"Hey, that's out of my control." Yang Zhiyuan was dejected

"You're gone, what about Lu Qi and the others?" Qu Li knew that he did have a certain influence on Yahoo. For example, the minimalist Chrome browser was developed by Lu Qi, and Google seemed to have given up on this plan.

"Browser plus search engine is really effective, and they won't give up." Yang Zhiyuan didn't notice the huge value of Chrome at this time, so it's no wonder that Firefox is excellent.

Yang Zhiyuan has done a lot of things in Yahoo this year, giving up a lot of marginal businesses, focusing on news information, improving the user experience of Yahoo Mail and Yahoo Messenger, increasing investment in search and video, and cooperating with Apple and Google to develop Mobile APP.

This kind of work, even if Qu Li takes over, can achieve this level, the rest depends on execution, which involves internal management and power struggle, which is not what honest people like them are good at.

Yang Zhiyuan lost all energy after this catastrophe, and Qu Li stopped talking. Although he was concerned about Ari's affairs, it was not suitable for him to express any opinions. Besides, he didn't have any thoughts about Yahoo, but he just felt a pity for this good old man who helped him.

After chatting with Yang Zhiyuan, Qu Li asked Lu Qi: "Are you going to stay in Yahoo, or are you going to leave?"

"I haven't thought about it yet." Lu Qi was stunned.

"I think it's better to leave. Yahoo is not a real Internet company. Google and Facebook are more suitable for you, and Microsoft is also fine." Qu Li sincerely felt good for him.

"If you want to go to Google, I persuade Larry Page to buy Chrome; if you want to go to Facebook, I can also introduce you to Zuckerberg; Microsoft is not familiar, but Wang Jian, Lin Bin and others are from Microsoft... ..."

"They are all big companies, you think highly of me." Lu Qi said with a smile

"If you think about start-ups, I have three choices here. One is a game company that develops games similar to DOTA; the other is Twitter. Their founder team is not good enough. Neither I nor the Sequoia people like it. But Twitter is a good idea. If you go, you have the opportunity to become the CEO of this company; the last one is Tesla, the man who founded SpaceX and successfully launched the rocket. Tesla is a start-up that produces pure electric vehicles. enterprise……"

"Why do you..." Lu Qi felt strange. He and Qu Li hadn't met a few times, but the Chrome he developed was greatly influenced by Qu Li. He was almost half of his product manager. From the minimalist appearance to the A strategy of one big update per month and one small update every week.

"It would be a pity if a talent like you would perish in Yahoo. I originally wanted to invite you to Jumei as CEO, but I was worried that you would look down on my small company. In addition, this is just my personal idea. I haven't talked to you yet. Others communicate..."

"You didn't even invite me, how did you know I would refuse?"

"I'm just a junior high school student. People at home and abroad have always ridiculed me, and even affected our school recruitment. Many students from well-known universities think that a company controlled by junior high school students must not be a good company..." Qu Li rarely confides in his heart

"That's because they have less experience. Education doesn't mean everything. Jumei can have today. I think you should play a major role. Otherwise, your company won't be so peaceful..." Lu Qi is not stupid, Qu Li runs two companies at the same time. In the company, he can see the news of Jumei and Glory from time to time in the United States. He has no ability to do it. If the management of Jumei does not recognize Qu Li, the employee turnover rate will be so low. Do you really think others are fools?

Ali Baba’s stock price fell by nearly 80%, and Jumei’s stock price fell by less than 60%. Investors in Silicon Valley and Xiangjiang have already made their choices!

"But Jumei does have a lot of problems right now. I'll introduce the situation. Can you analyze it for me?" Qu Li is a cunning person. He says he wants Lu Qi to be the CEO, but in fact he wants to see more of him. ability.

"Okay, I want to know about Jumei." Lu Qi accepted the test calmly

"In the beginning, I just wanted to do danin, an online fast fashion clothing e-commerce company, that is to learn from Zara in Spain, combining Internet information technology with traditional clothing industry.

Trouble is trouble, but the gross profit margin is very high; later, I felt that Uniqlo of Dongying seems to be more suitable for men's consumption, with reliable quality and few styles, so I imitated their model and established Xiangyun brand; Small brands have high gross profit, if you make your own brand, you can achieve 100% gross profit..."

Qu Li talked about his entrepreneurial process, including the choice of each transformation, including the middle platform model that coordinates all centralized power, as well as the three major platforms of Jumei, Shopee and Juhuasuan, the technology accumulation of Juyun Technology, and the technology accumulation of Jupay. Financial technology, Riyue Fenghua's self-operated brand and Jumei Logistics that serve all.

"Why keep the beauty of the sun and the moon, I think it can be completely given up." Lu Qi asked his own question after listening

"I think Jumei and Amazon are both retail companies in essence. They must follow certain objective laws, and they will eventually move towards price competition. Referring to world-renowned retail companies, such as Wal-Mart and Costco, self-owned brands have become their main business. Source of profit. Where e-commerce can surpass traditional supermarkets and hypermarkets, including Amazon, I think it may be the ability to integrate the entire supply chain in the end..."

"This is a question that the company needs to consider in the later stage. Is Jumei not short of money?"

"Lack of money, I can only guarantee that if Jumei Company goes bankrupt within three years, it will definitely not be due to lack of money. In addition, the situation in China and the United States is different. China is the factory of the world..."

"I understand a little bit, but please give me a week, I want to try the position of CEO of Jumei..." Lu Qi knew Qu Li's logic was clear and he was not a fool, so he moved his mind.

"Okay, I'll wait for you in Yangcheng." Qu Li said with a smile, the heroes of the world are in my trap