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Chapter 179 Appearance in front of President Chen

"good."

It was rare to see Mr. Chen interrupting his exercise. Xu Renshan got off the treadmill and walked to a nearby office to sit down and drink tea.

He was a little curious as to what topics the other party wanted to talk to him about.

"I know that Brother Xu has opened a tea company and established his own takeout team. I wonder what you think of group buying websites?"

After pouring the other party a cup of Longjing tea, Chen Tianhe asked with a smile.

Straight to the point, very straightforward.

"Group buying website?"

Hearing Mr. Chen's question, Xu Renshan's heart skipped a beat, and he immediately thought of a certain point in time.

He had previously searched for some information on group buying websites and knew that Ali Group had not yet entered the field of group buying websites, but it was about this time.

Nowadays, group buying websites are in the period of thousands of group wars. Lashou.com and Wowotuan are gaining momentum. Gaopeng.com, a joint venture between TX and Groupon, has too much money and spends money everywhere for promotion.

Breaking down the details, there are many group buying websites that have received hundreds of millions of investments. In addition to the above three, there are also Volkswagen, Nuomi, 58

There are countless group buying websites that have received tens of millions of dollars in financing, including Meimei, 24, Full House, F Group, and Dida Group.

Meimei.com, which will dominate the food delivery industry in the future, is still in the second echelon. It is still developing in silence, fighting monsters in the grass, and is not very favored by big capital.

As we all know, when a certain industry reaches a mature stage, the first person will take more than half of the share to eat meat, the second and third people will eat soup, and the rest will pick up scraps or even starve.

However, investing in the top three developing companies is also a risky gamble.

If a unicorn company is not hatched in the end, the returns may not be high, and ranking second or third is fine. If you accidentally fall behind, all your previous investments may be lost.

At this time, the Ali Group did not yet have Alibao, a super blood transfusion machine, and its capital was not strong enough. Naturally, it was not so generous to spend hundreds of millions on the top three players of Lashou.com.

The future of investable second-tier players is even more unknown, and the probability of success is much smaller than that of the top three companies.

"I feel that the current group buying websites such as Lashou, Wowo, and Gaopeng focus too much on promotion and publicity, but ignore the most basic user experience. Just like our Ziwei Tea Drinks, when we first opened, we had Meimeiwanghang

The staff of the city station came to communicate with each other, but so far there have been no invitations from other group buying websites. Although users have experienced the benefits of high price subsidies in a short period of time, "

Faced with this big question from Mr. Chen, Xu Renshan did not pretend to be stupid, but simply talked about the current problems of several group buying websites.

Don't look at the fact that the top three websites are currently in a state of turmoil. They are favored by capital and are threatening to go public by the end of the year.

However, a group buying website without loyal users is like a tree without roots. Once it encounters the cold winter of capital and the IPO sprint fails, it will be like a withered flower, instantly ruined.

Of course, if the current top three group-buying websites succeed in their IPOs and go all out in one go, there will probably be nothing like the US-US Open.

This information is Xu Renshan's conclusion based on the outcome of the Thousand Regiments War in the previous life and the existing market structure.

After all, he didn't pay special attention to this area back then. He was only occasionally popularized in the financial videos of some female Internet celebrities, and he still had some impressions.

It’s not that he didn’t think about letting his wife intervene when he had the opportunity, but he couldn’t intervene. In some industries, financing is either rich or big.

After one or two rounds of financing that were not very picky in the past, start-up companies with good prospects have to choose investors with resources and be picky.

Otherwise, those big coal companies would have driven away high-quality industries.

Of course, it was impossible for Xu Renshan to express his sincerity to Mr. Chen, whom he had met several times, but he was just talking about some superficial issues based on his experience with the Ziwei tea brand.

We are all not familiar with each other now, and we are very familiar with society.

"It seems that Brother Xu is also more optimistic about Meimei.com."

After listening to the other party's story, Chen Tianhe felt a lot more relaxed and gained more confidence in his subsequent investment.

At present, Ali Group's liquidity is not very abundant, and it needs to be cautious when investing hundreds of millions.

The reason for some hesitation is that Chen Tianhe is worried that if the second-tier US Open cannot catch up, he may lose all his money.

However, he wanted to invest in the top three group-buying websites, but the share he received based on Ali's cash flow was very small, which was not in line with their group's consistent investment style.

Now listen to the little brother, a layman, and he has some different views.

Nowadays, the domestic Internet industry is changing rapidly, and dark horses are not uncommon.

"Why, Brother Chen wants to invest in the US-US Network?"

Raising his eyebrows, Xu Renshan asked pretending to be surprised.

If we can borrow the other party's channels and join Meimei.com's Series B investment, it will be a big gain.

"I had this idea. A friend contacted me two days ago and asked me if I was interested."

Speaking of this, Chen Tianhe vaguely explained the reason for his whim, and then asked jokingly: "Brother Xu, do you have any spare money? Let's invest together?"

"Okay, I have an investment company in hand, and there are still several hundred million in funds. Is it enough?"

Just waiting for the other party to say this, Xu Renshan immediately followed the words.

""

The hand holding the tea cup paused, and Chen Tianhe almost couldn't control his expression.

What do you mean, such a young man can easily come up with hundreds of millions of working capital, which is even more generous than their Ahri.

According to the information he knew, the other party's fledgling tea company had done well in joining the franchise a few days ago, but it had tens of millions of working capital, so where did the hundreds of millions come from?

Unless it is the assets of the other party's wife, then it would not be surprising.

However, to be able to obtain hundreds of millions of funds in such a short period of time must mean that the relationship between the other party and his wife is very good.

Young man, you really have some tricks up your sleeve!

Xu Renshan, who was sitting opposite, felt Mr. Chen's hesitation, but he just drank tea quietly, feeling happy in his heart.

Even if I can't participate in the B-round financing of the US Open this time, it is extremely satisfying to be able to show off in front of Mr. Chen.

You know, many years later, some of Mr. Chen's quotes were widely circulated by netizens, and one of them impressed Xu Renshan deeply.

“The thing I regret most in my life is founding the Ali Group”.

There was another Mr. Wang who said, ‘Set a small goal and earn 100 million first’.

Hey Legs, the thing he regretted most in his previous life was not marrying Concubine Li Yan and inheriting the 10 billion group.

"If Brother Xu is interested, I will introduce that friend to have a cup of tea with you and let's talk about it later."

Faced with the hole he had dug, Chen Tianhe did not immediately go back on his promise, but instead passed the problem to another friend.

We all live in the same community, and we can't look up or down every day, and we can't do things like slap them in the face directly.

Of course, if another friend refuses, that's none of his business.

"Then thank you, Brother Chen."

Seeing Mr. Chen relent, Xu Renshan was overjoyed, but had a faint smile on his face, as if investing in this project was unnecessary.

The outfit comparison must be carried out to the end.

"After meeting Brother Xu, I realized that I am really a bit old."

Seeing the calm behavior of the young man in front of him, Chen Tianhe couldn't help but sigh.

"Brother Chen is in his prime and his career is booming. He is so humble."

Xu Renshan said this very sincerely.

Even though Ali Group has now occupied a place in the domestic Internet industry, it can be said that it is infinitely prosperous, but its real glory has not yet begun.

When Alibao obtains the online payment license, Dapeng will rise with the same wind and skyrocket to 90,000 miles.

Unfortunately

"Honey, I have identified an investment project for you, which may require one to two hundred million dollars."
Chapter completed!
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