Chapter 154 Traffic Win-Win

The weather was just right, the sun was shining, and under the warm sun at noon, the quaint and quiet countryside had a unique taste, and a big yellow dog walked in silently, lying in the sun of the open space and thinking about the dog's life.

The group had a meeting in the open space to talk about their work and to learn about the progress of the project.

First of all, I would like to introduce to you that this beauty is Lin Yuting, the chairman of Pioneer Fund Company, and you are all familiar with the handsome guy around her, which is Li Feng I mentioned to you before. Long Yu said.

Lin Yuting got straight to the point: "Brother Long, this time we came here to see the progress of the Baibao.com project, I also said on the phone before, as the investor, I need to know your detailed progress and the next timetable, and track the use of our investment funds." ”

"No problem, we have all the relevant materials ready. Long Yu greeted Zhang Weihua, who was in charge of finance.

Zhang Weihua has handed over the relevant financial data: "Since the official launch of the Baibao.com project, the relevant financial data are here. With the development of Baibao.com's business, we are now further expanding our team and at the same time, we must also increase our marketing efforts. From this point of view, it is no longer obvious that you will continue to live in this remote countryside, and you must return to the city. So in the next step, we have set aside 250,000 yuan for the site rental and construction of the new company, which will be used for the Baibao.com project. ”

Lin Yuting looked at the data report and said: "The office conditions here are too simple, and it is imperative to go back to the city to rent office space, I completely agree." However, in the future, I suggest that the Baibao.com project set up an independent company, separate from the current express navigation network, to avoid financial irregularities, and also lay the foundation for our effective operation of the Baibao.com project in the future. ”

Lin Yuting's suggestion is still a bit level, after all, Longyu's team is still in the initial stage, and the financial management is not standardized enough, and the two projects of express navigation network and Baibao.com are operated at the same time.

Long Yu smiled and said: "In fact, for the project of the express navigation network, we have seen its bottleneck, until now, the golden growth period of the express navigation network has passed, the future growth space has been very limited, coupled with the continuous efforts of competitors, the leading edge has been difficult to shake." Therefore, we will continue to shrink this business and use it as an auxiliary tool of Baibao.com. ”

It can be said that Li Feng's words on the forum greatly expanded Long Yu's horizons and made him see the hope for the future.

Although Long Yu is the godfather of Chinese e-commerce more than ten years later, and is the idol worshiped by countless people, it can be said that Long Yu's first venture is not smart, the marketing method is not advanced, and the business model is not clear, which makes the growth of the express navigation network slow, and gradually falls into the disadvantage in the competition with competitors in the same period, and the valuation does not meet expectations. Judging from this project alone, Long Yu only belongs to the middle and lower grade Internet entrepreneurs.

It can be said that the real strength of Long Yu lies in his tenacious will and broad vision, and he dares to take a brave first step in the face of a market that everyone doubts.

The emergence of this project has deepened the understanding of Internet applications, and has a deep grasp of the future development and application of the Internet.

On the other hand, Li Feng fully supports the "online shopping", a form of Internet service that has not yet appeared, and with an investment of two million yuan, it is undoubtedly the greatest encouragement and help to Long Yu.

The superposition of these various factors made the project of Baibao.com land a year ahead of schedule.

At this time, Li Feng put forward his own ideas: "Brother Long, this time we are here, on the one hand, to see the project of Baibao.com, and hope that this project will be implemented as soon as possible, so that the online shopping industry will rise in China and realize the in-depth application and development of the Internet, and on the other hand, it is for the express navigation network." ”

"Oh, how valuable is this website, and it's worth your brother Li to come here?" Long Yu's eyes flashed, and after only two seconds of questioning, he seemed to have guessed Li Feng's intentions.

"This website really doesn't have much potential for growth, and it also requires a certain cost to operate and maintain, and as a start-up project, it doesn't have much economic value, it's just a business, not a business. Li Feng changed his words, "Although we think it lacks value, it doesn't mean that others think it has no value." So I think we can use the fast car navigation network as our money bag, increase its valuation after some operation, and then find a next home to sell it. ”

"Brother Li, you really think about the same as I think. Long Yu found a bosom friend on this issue, "But the current problem is that the express car navigation network is not worth much, I have contacted several buyers, they gave quotations of less than one million, and even some people only offered a price of 600,000, these people in the investment community are very shrewd, and the quotation given is too low, so we have stayed until today." ”

There is still a considerable gap between this price and the purchase price of three million offered by Julong.com, no wonder Long Yu has been reluctant to sell.

And as the only project of the Longyu team at present, the profits obtained by the express navigation network provide the daily operation of the entire team, once the project is sold, the team may have no rice to cook, facing the risk of dissolution.

So even now, many people in the Longyu team do not agree with the idea of selling the express car navigation network.

"Everyone, do you know the Galaxy Browser?" Li Feng suddenly asked.

"You know, this new browser is very easy to use, and since I downloaded this browser, I have uninstalled all the other browsers. The chubby Xu Xiaobao immediately took over, "It is said that this company has just been established, and the location is in your Xianhu City." ”

Long Yu's face showed a hint of elusiveness, as if he had thought of something: "Brother Li, don't tell me, Galaxy Browser has something to do with you." But since you mentioned it, it seems that it must have something to do with you. ”

"Haha, the legal person of Galaxy Software Company is me, Brother Long, you say it has nothing to do with me?" Li Feng said with a smile.