Reborn Entrepreneurial Giant

Under Shen Nanpeng's explanation, Xiong Ge quickly accepted the positioning of fashion e-commerce, and the company name or brand became Jumei Youpin. Forget it, Youpin and Youpin are better, and the image is intuitive. .

In this way, after the establishment of the website, their workload will be reduced by more than half. Only the self-operated categories need to be produced by OEM, and other products only need to be well selected.

Xiong Ge also talked about the result of his contact with Zhou Shaoning this time. They insisted on wanting more equity, but for Qu Li, this meant a transfer of the right to speak, and he obviously would not agree.

"Forget it, next time we have the opportunity to cooperate again." Qu Li has never been sloppy in his work, and Zhou Shaoning, who switched to management, has no irreplaceable attributes.

"This opportunity is good, it's really a pity to miss him." Xiong Ge regretted

"Except for the founder, no one is irreplaceable!" Qu Li emphasized again

"Haha, of course..."

Qu Li is getting tougher and tougher, but this is not a bad thing for investors like them. Entrepreneurs have different personalities, and founders who have no opinions are really disgusting.

Now that he has decided to be a fashion e-commerce company, the name of the company is easy to handle, let’s call it Jumei Youpin. Qu Li listens to this name more pleasantly, but the name Vipshop does not fit his positioning.

Lin Bing did not come, and the two venture capitalists did not know where to find a big guy named Zhang Wensong, who said he was the initiator of the Linux virtual server LVS project. Beep beat people.

"He was attracted by you. You proposed three plans to defeat the Winter Alliance. At the beginning, no one cared about it. Later, some people discussed it in the circle. Although there were still many opposing voices, there were still many people who supported it. a lot of."

"Really?" Qu Li was a little unconfident. It wasn't that there was something wrong with his plan, but that he suspected that there were people who could recognize heroes, and therefore wanted to join Qu Li's team?

Soon he no longer doubted it. On October 9, Google announced the acquisition of YouTube for US$1.65 billion. This had nothing to do with him, but Larry Page talked about what happened in an interview. Someone posted a video on YouTube called: Three Ways to Beat the Winter League.

"I was shocked after reading it. This person's idea is too genius, especially after hearing that he didn't finish high school..."

Qu Li’s video has been widely circulated in Silicon Valley, and a listed company called Salesforce is vigorously promoting his video, because this company provides customer service relationship management services, which can be purchased on demand without software. SaaS service.

It can be said that Quli people did not go to the United States, but they are already well-known in the United States. He himself has been in the country, of course he has no feeling, but which of the domestic programmers does not go to the Internet, otherwise how can he learn the latest IT knowledge?

Larry Page's praise of Qu Li has gained him a lot of goodwill in China. Is this a disguised "export to domestic sales"?

"I appreciate your point of view, especially open source operating systems and chips with open source architecture are the way out in China. Unfortunately, no one is doing this."

"Aren't there still unicorns?"

"hehe!"

Galaxy Kirin is an open-source operating system jointly developed by National University of Science and Technology, Chinasoft Corporation, Lianxiang Corporation, Lanchao Group and National Stellar Corporation. But this year, Yinhe Qilin did a very shameless thing. It obviously learned the open source FreeBSD and insisted that it has independent intellectual property rights. Later, it might lose face and gave up the BSD kernel and turned to Linux.

"The number of programmers in China is too small, wait ten times more, and there will be five times more geniuses than now. By then, developing an open source operating system will not be the same as playing games." Qu Li is not discouraged

"I know there are few talents now, but I just don't want to be laughed at by others." Zhang Wensong

"Then work harder, and cultivate some talents worth cultivating by the way." Qu Li then talked about his needs, and Zhang Wensong quickly began to design the structure according to his needs.

Qu Li didn't know how to judge whether Zhang Wensong was a talent, so he could only ask Lin Bing for advice. Of course, the result was good, so Qu Li handed over the construction of the Jumei Youpin website to Zhang Wensong, and continued to communicate with Shen Nanpeng about equity issues.

I won’t introduce how to build an offshore company structure. Anyway, it’s not important. The initial total share capital of Wanhehei is set at 100 million shares, at US$0.35 per share, with a valuation of 35 million. An additional 18.75 million shares were issued to Sequoia Capital, totaling US$6.56 million; and an additional 6.25 million shares were issued to IDG, totaling US$2.19 million.

In the future, the equity incentive plans for executives such as Lin Bing and Tan Lijun will be shared by everyone, and Qu Li cannot bear it alone. Lin Bing can get 5 million shares, or pay 1.5 million US dollars to buy 10 million shares. The shares were jointly sold by Qu Li and VC to Lin Bing in proportion, that is, Qu Li and Chen Danlin sold 8 million shares, and the two VCs sold 2 million shares.

Of course, this is subject to limited sales conditions. You can’t just give so many shares to Jumei for a day. Even if Qu Li is so stupid, the venture capital will not be so stupid. After the additional issuance is completed, the total share capital becomes 125 million shares, with a valuation of 43.75 million US dollars.

With the participation of venture capitalists, it is not his turn to do evil things. Any inconvenience, or the opportunity to take the blame is the responsibility of the venture capital. For example, the previous agreement between him and Tan Lijun was changed. Qu Li gave him 200,000 shares, worth about 550,000 soft sister coins. The subsequent equity incentives are divided according to the company's position and contribution.

In addition to shares, there are also changes in the salary system. High wages harm the interests of the company, and high equity damages the interests of shareholders. Therefore, executives in key departments have high equity, and middle and low-level employees have high wages.

In fact, the whole process has not changed much for Wanhehei (later renamed Jumei). It is still the previous business process. After all, Qu Li has some experience and common sense, so there is no need to change it for the time being. What has really changed is the information sector, which is in the process of being formed.

"Win in China" was considered abandoned by him, because he attracted investment and made some explanations in the program, but did not announce the details, because it had to be promoted in conjunction with the website launch, which was considered a reasonable use of resources.

Qu Li does "live broadcast" on his blog from time to time, talking about some financing progress, which is actually nonsense, but it is interesting for everyone to read as a story. And the real story was finally completed, and the manuscript was sent to Lu Jinbo, which was an explanation for his creative career.

"Don't you still have an idea for "A Family of Thieves", keep writing, your writing style should be enough to support you to write some more serious novels." Lu Jinbo advised Qu Li not to give up, or read some Chinese language and literature .

Of course, Qu Li wanted to get a bachelor's degree as soon as possible, so he chose a relatively simple major. He had a good memory and passed the endorsement. Unexpectedly, there were some differences from what he imagined. Coupled with the unexpected career development, time wasted .

"Your writing is not outstanding, but your storyline is fascinating. Believe me, "The Thief Family" will bring your reputation to a higher level, instead of the current commercial writer who only writes youth literature."

"Han Han can't be instigated by you. Whatever they say, it's none of my business." Qu Li is very detached. It's not a hundred years ago. Pure literati don't have much status in this era. Instead of Confucianism, it has become financial economy and technology.

"How is it possible, am I that kind of person?" Lu Jinbo quickly denied that he didn't plan the dispute between Han and Bai.

The Han-Baiku dispute that lasted for several months has come to an end, and there is a lot of feathers. This is a game with no winners.