Chapter 598: Sustainable Profit Model
At 6:05 p.m., Xu Chengfu and the others finally arrived at Guangzhou Gaoqiao Information Technology Co., Ltd.
"Welcome Mr. Xu and all of you to visit and guide. Let me introduce you, this is Mr. Xu Chengjie, the general manager of our technology company, and Mr. Luo Zhendong, the general manager of our company's entrepreneurial team and the vice president of our company. Lin Qiang shook hands with Xu Chengfu and said.
Xu Chengjie and Luo Zhendong took the business card and looked at it, which read: Xu Chengfu, general manager of Everbright (China) Venture Capital Fund in South China, couldn't help but be shocked. The well-known general manager of Everbright Fund personally came to the door to ask for a meeting, which would definitely be an extremely sensational thing if it was placed in an ordinary start-up company, but they saw that their boss Lin Qiang looked natural, and his face did not show excitement, but only warmly beckoned everyone to sit down on the sofa.
"Thank you Mr. Xu for your affirmation of our company. We are really a little flattered that such a small start-up company can be favored by you capital tycoons. In fact, I rarely participate in the operation of the company, so let us introduce the general situation of our company to you first. Lin Qiang said and nodded at Xu Chengjie.
Lin Qiang said that Gaoqiao Technology Company will not consider financing at this stage, but it is necessary to make good use of this opportunity to contact people in the VC industry and listen to their evaluation and suggestions for the company. At the same time, he also stressed again that everyone does not have to worry about the company's working capital, on the contrary, he also needs to increase the subsidy for the website, and is planning to implement the subsidy plan on the trading platform.
Xu Chengfu and several of his team members listened very carefully, and took notes in their notebooks from time to time. In addition to having a lot of experience in venture capital, they also have a strong technical background, and two of them are also veterans in the IT industry, who are very familiar with the business models and financial models of Internet companies, and they raised many highly professional questions on the spot.
Xu Chengfu has been secretly observing Lin Qiang.
"Mr. Lin, after listening to the introduction and answers of Mr. Xu and Mr. Luo, let us have a more detailed and in-depth understanding of the tide brand decoration network, and take the liberty of asking, has Mr. Lin heard of our Everbright Fund?" Xu Chengfu asked.
Mr. Lin was polite. We are in a hurry to meet with you this time, just to discuss with you the possibility of cooperation between the two sides. I don't know if Mr. Lin is interested in cooperating with our Everbright Fund?" Xu Chengfu said.
"We mainly provide sufficient financial support to promising startups in the form of equity in exchange for equity to help the company grow rapidly and seize the market. We will first conduct an overall valuation of the proposed investment company, invest funds according to the valuation, obtain the corresponding shares, and send a professional team to assist the company to better improve the operation and management of the company. Xu Chengfu introduced.
Xu Chengfu nodded at the man with gold-rimmed glasses under him.
Lin Qiang smiled at him and nodded.
Lin Qiang nodded while listening, saying that our trendy brand decoration network is based on a subdivision platform in the field of home decoration, aiming to rely on Internet technology to give birth to new home improvement value-added services, create value, deeply transform the industrial chain, and break through the traditional home improvement industry benefit distribution model. Since the website was launched, after continuous improvement and adjustment, the total daily visits to Guangzhou, Yangzhou and Fengcheng have reached 200,000, basically achieving the first natural traffic of home improvement e-commerce, but it is still not possible to find a sustainable profit model.
"Your company's trendy brand decoration network may have achieved the first in the industry in the situation area, the scope of radiation is limited, if it is placed in the whole country, its daily visits and the capacity of the entire home improvement market, it is not worth mentioning. Therefore, our eyes can not only be limited to Guangzhou, Yangzhou and Fengcheng that have been online, but should look at the whole country, look at the entire home improvement industry, that is to say, our trendy brand home improvement network must eventually be based in Guangzhou, to the whole country. If it can really be the first in the industry, then the profit model of the website is at your fingertips. Zhao Lianbao said.
Zhao Lianbao smiled at him and said that if the tide brand decoration network really achieved the first place in the industry, there would be more profit models to choose from.
Secondly, you can also charge an annual fee for certification, the object of payment is still a home improvement company, the current market home improvement companies are not good, certified companies are easier to gain the trust of consumers, and it is easier to get orders, home improvement companies have to pay an annual certification fee to the platform every year.
Lin Qiang has to admit that these VC personnel's understanding of the industry is indeed very professional and in-depth, and this Zhao Lianbao made him suddenly open his mouth between seemingly understatements, and Xu Chengfu's next words gave him a new understanding of the VC industry.