Chapter 105: Race against time

"Green Travel Pioneer - Huimin Bicycle Receives $50 Million Series A Financing"

"Blue Sky Defense-A Corporate Declaration with a Sense of Social Responsibility"

"Zhang Yida's Fourth Enterprise Blessed by Venture Capital - Huimin Bicycle"

"The Next Outlet - Bike Sharing"

......

With the successful convening of the Huimin Bicycle Green Travel Conference, reports about Zhang Yida and Huimin Bicycle began to appear on the Internet.

The concept of bike sharing is on fire!

In the past, everyone's entrepreneurship was concentrated in the fields of group buying, e-commerce, and finance, but I didn't expect that the inconspicuous bicycle empowered the Internet, and it was actually played by Zhang Yida.

There's a head!

Many entrepreneurial young people with ideas have begun to gear up and are eager to try shared bicycles.

That's how it was in the Internet age, information spread too fast, unlike before there was any information difference.

The tuyere is together, and everyone is going forward and rushing in!

A large number of entrepreneurs across the country are preparing to enter the shared bicycle, and when the news was reported by the Business Intelligence Department, Zhang Yida was still busy receiving the honorary certificate.

The Ministry of Environmental Protection awarded Huimin Bicycle several honors, including:

"2014 China Environmental Protection and Social Responsibility Enterprise"

Blue Sky Guardian

"2014 Advanced Unit of Environmental Protection"

"China Ecological Civilization Award Advanced Collective"

Zhang Yida has also won honors such as "Advanced Individual of China Ecological Civilization Award" and "National Advanced Individual of Environmental Protection".

In addition, the Ministry of Environmental Protection and the Ministry of Transport will also fully support the landing and scheduling management of Huimin bicycles in cities across the country.

With these honors and policy support. Even if a competitor is about to enter the market, Zhang Yida does not panic.

Qin Zheng pushed open the door, entered Zhang Yida's office, and respectfully reported:

"Mr. Zhang, the second batch of 100,000 bicycles has been produced. ”

He stepped forward and handed over a document, saying:

"This is a plan for the city launch of bicycles, please decide. ”

Zhang Yida looked at the plan, there are 2 sets.

Plan 1: Increase 20,000 units on the basis of the current 20,000 units in Beijing to 40,000 units, and as for the other three cities, 40,000 units will be put into Modu, and 20,000 units will be put into Yangcheng and Pengcheng respectively.

This scheme is measured according to the population of the city, Beijing and Modu are both cities with a population of 20 million, and Pengcheng and Yangcheng are slightly less, belonging to the population of 10 million.

Plan 2: Add 50,000 bicycles to the 20,000 existing bicycles in Beijing to continue to consolidate the position of the Beijing market. The other 50,000 bicycles are allocated, 20,000 in Modu, and 15,000 in Pengcheng and Yangcheng.

This set of plans is relatively conservative, steady and steady, and one market is consolidated.

didn't think much about it, Zhang Yida chose plan one in his heart. The market that is about to heat up will not give you time to make steady progress. If you don't hurry up, there is only one dead end.

"Option one, we have to speed up at this stage.

Instead of thinking about losses and costs, we just have to stare at the data for now.

If you have data, then you can raise funds, and you won't starve to death!

In the next year, there is only one KPI for Huimin Bicycle, and that is user growth!"

Zhang Yida made the final decision, and at the same time began to transmit some thoughts to Qin Zheng.

Qin Zheng frowned a little, he was wondering if it was too aggressive, this was a deadly way to play!

He wanted to persuade Zhang Yida, but he didn't know how to speak. In the end, I could only sigh and say:

"Okay! I'll start the construction of the three branches immediately!"

Zhang Yida saw that Qin Zheng's face was very depressed, so he smiled:

"Do you think I'm too aggressive?"

Qin Zheng saw that Zhang Yida himself had brought up this topic, so he said in passing:

"Yes, Mr. Zhang, I think we're a little radical. The $50 million raised is estimated to be spent in three or four months at most.

It's too risky, in case the money runs out. If there is no venture capital in the follow-up, then our capital chain will be broken.

If you want me to say, let's play it steady. Consolidate it one market at a time, and do a good job in customer service and experience.

Even if there are competitors behind us, as long as our Huimin bicycle brand is harder, users will still choose us.

Shunfeng is also taking this kind of boutique route, even if there are so many competitors in all directions, it still kills a bloody road!"

Zhang Yida sighed, Qin Zheng is still a good hand at managing offline, and the Internet and online operations are completely laymen.

So this is also the reason why Zhang Yida will find a CEO from the outside to replace him in the future. This Lao Qin does have some ability, but letting him be the CEO is a disaster for Huimin Bicycle.

Zhang Yida patiently explained to Qin Zheng:

"Lao Qin, it's actually quite rare for you to have these considerations. I appreciate this quality in you, your loyalty and outspokenness.

But bike sharing is not a traditional industry, and we can't hold on to the traditional industry.

This is an emerging industry that may reach hundreds of millions of users in the future.

It is also a huge flow entrance and a huge cornucopia.

At present, there are already many competitors eyeing each other, and the giants may intervene in the future.

If we can't defeat all our opponents in the shortest possible time, what awaits us will be endless vicious competition.

Burn money, subsidize users, ride bikes for free, and give users red envelopes back to cars......

These methods may be used by competitors, and the VC's money will not be distressed anyway.

We're fighting high now, and it looks like we're spending a lot of money. But it's about doing big things with little money, and you'll save more money in the future. ”

Zhang Yida patiently analyzed Qin Zheng and told him all about the current situation and the possible future situation.

Zhang Yida's personality has both a domineering side and a humble side. He still listens to the kind advice of the people around him.

Qin Zheng is not aware of the popularity and fierce competition of shared bicycles in later generations, and it is normal to have such thoughts. And he was born in the traditional express delivery industry, and he didn't understand the rapid development of the Internet.

Qin Zheng is still very happy that Zhang Yida is willing to explain the specific reason to himself.

This not only shows Zhang Yida's respect for one of his subordinates as the CEO, but also indirectly shows that he values himself more.

Although he doesn't particularly understand the Internet, Qin Zhengren is not stupid, and he still roughly understands what Zhang Yida means, and he wants to occupy the national market as quickly as possible and leave all competitors far behind.

To support this strategic idea, a steady stream of money needs to be invested. Similarly, if you want money to come in, you have to come up with convincing growth figures.

Thinking about this knot, Qin Zheng was no longer stubborn, and began to implement it according to Zhang Yida's requirements.

One executive order after another was notified:

First, three elite backbone teams were dispatched to Modu, Pengcheng, and Yangcheng to form operation centers in the three places.

Second, expand the talent pool and prepare in advance for the crazy expansion of the next year.

Third, increase media and advertising cooperation to increase the exposure of Huimin bicycles.

Fourth, it has reached a strategic cooperation with Fuji-ta to further reduce the cost of bicycle manufacturing.

Fifth, it reached a strategic cooperation with Ruimin Wealth Management to prepare for the launch of deposit wealth management products.

......

"That's fast! This is the other three first-tier cities. ”

Looking at Fu Weiwei, who was respectfully reporting to him in front of him, Li Bing said with emotion.

Fu Weiwei is also full of sadness, Baimo bicycles are still under development, and mass production has not yet begun. Huimin Bicycle has already conquered cities in other cities.

made her a little shaken, is it too late to enter.

"How's the development of our Bymo bike?" Li Bing glanced at Fu Weiwei and asked.

"It's almost the end, and the final tests are underway. The main thing is that smart locks have some technical content and take a lot of time. ”

Fu Weiwei thought that her Baimo bicycle was about to be launched, and she regained some confidence.

Li Bing nodded, he has been preparing for the establishment of Weilan Automobile Company recently, and Fu Weiwei has carte blanche to manage the work of Baimo Bicycle.

"Let's speed up! It must be live by December. I won't be able to drink a sip of soup any later. ”

Li Bing said earnestly, Baimo Bicycle was established in September, and now it is October, and if the product is not made out for more than a month, it will really not even be able to see the taillights of Huimin Bicycle.

Fu Weiwei knew that the situation was serious, gritted her teeth and said:

"In a little more than a month, it will definitely be online. ”

Fu Weiwei has been soaking in the laboratory every day for a month, working on research and development with the engineer team.

Although she doesn't understand technology, she also knows that R&D is not as easy as she imagined. The engineering team has worked overtime almost every day in the past month, overcoming one problem after another.

To achieve the current results, the progress of research and development can be said to be absolutely not slow.

But there is no way, Huimin Bicycle has been too far ahead of them, at least a few months apart, and if you don't fight hard, you won't even have the opportunity to be an opponent in the future.

Li Bing nodded and stopped talking. In his opinion, Azure Auto is the project that makes his dream come true.

No matter how powerful the Baimo bicycle is, it is just a bicycle, how can there be a broad prospect for the automobile market.

Anyway, I invested 10 million yuan for Fu Weiwei, let her toss! It is a happy event to be successful, but it is nothing if it can't be done. Anyway, it's just a casual son, and the stakes are not much.

For Li Bing, a listed company boss, 10 million and Baimo bicycles are nothing.

But for Fu Weiwei, this is where a huge sum of money and dreams set sail. I can't help but pay attention to her.

Back at the Baimo Bicycle Laboratory, Fu Weiwei cheered everyone on and said:

"At present, our competitor Huimin Bicycle has entered four major first-tier cities.

However, starting first doesn't necessarily mean reaching the finish line first!

We still have a chance to worship motorcycles, but we need everyone's full cooperation.

I have asked the chairman for advice, and I will take out 10% of the options as a team incentive.

As soon as we get Bymore online by December, we will be able to award the first batch of options. ”

As soon as these words came out, the eyes of all the engineers also lit up. Working hard and working overtime day and night, isn't it just for RMB?

I heard that Huimin bicycles are valued at more than one billion yuan, is there a chance for Baimo Bicycle to reach or even exceed this valuation in the future?

Under the heavy reward, there will be brave men!

Since Fu Weiwei announced the option incentive, the work efficiency of the R&D team has been improved a lot.

Fu Weiwei also let go, and in order to catch up with the progress of research and development, she released an option move.

Very decisive!

If the Bymore bicycle cannot be launched for a long time, it will lead to the difficult birth of the project. Equity, options are worthless.

Taking it out now to motivate the team is definitely a good move!