Chapter 43: Learning and Thinking
Looking back at the past 2004, it was a memorable year, when the American Spirit rover successfully landed on the surface of Mars on January 4. On February 4, Facebook was founded. On August 28, Chinese track and field player Liu Xiang won the gold medal in the men's 110-meter hurdles event of the Athens Olympics track and field with a time of 12.91 seconds, breaking the Olympic record. There is also Zhou Shi's acquisition of shares in Baidu and Alibaba, as well as that hilarious stock options of Taobao and Alipay.
My parents' Taobao store is very good, and the annual sales of the two Taobao stores are almost 1.5 million, accounting for a little more than one-thousandth of Taobao. It's really amazing to think about it, if this reaches one-thousandth of Taobao sales in ten years, this Taobao store will really be awesome. And 2 more people have been hired, a man and a woman, who are responsible for moving goods and customer service sales. Thinking that Taobao will continue to break out next year, this business can really be done. And they're getting ready for a big fight, they've got their driver's licenses and they've bought a van.
Zhou Shi has never touched a car until now, but he met a car-related figure, Xue Mangzi, who single-handedly planned the founder of Autohome to be driven away by capital in the future. For such a character who thought it was awesome, Zhou Shi didn't look at him differently, and met him plainly. I don't know what to think, but I actually want to invest in Time.com. It may also be that this event of Time.com is really interesting. BJ's college campus is largely occupied by Time Friends. Plus the website has been directing user interaction rather than creating content. Simple and relaxing experience, interesting activities, and a circle of friends, etc., attract everyone to join step by step. Within ten days of its launch, it had more than 100,000 users. The next step, of course, is to expand to colleges and universities across the country. Time Reading has opened a book shopping guide and exclusive coupons, which can be regarded as expanding a little source of income, but it is still losing money overall.
"How much are you going to invest?" Zhou Shi looked at Xue Mangzi in front of him curiously, not knowing what price he would give himself.
"How many users does your site have, and how much profit does it make every month?" Xue did not answer
Zhou Shi looked at the person in front of him in wonder, it was really strange, was it necessary? Zhou Shi was not a novice, didn't he do a background check?
"There are probably more than 10 million registered users, I didn't pay attention, the income should be close to zero" Zhou Shicai didn't bother to brag, anyway, he was only ready to play by himself in a short time.
"Then I'll simply value your website at $10 million, and how about I invest $1 million?" Xue Mangzi also came quite directly
"Poof~~" Zhou Shi squirted out a mouthful of water, "I'm sorry, I'm sorry, I didn't control it, how much did you say to invest?"
"$1 million, I want to take 10 percent of the shares. "Xue
"Didn't you ask your peers at other well-known VC firms, such as IDG, DFJ. Zhou Shi looked at him in surprise, "I told them a long time ago, if it's less than 10 million, if it's more than 20 percent, don't look for me, and I don't need nouveau riche who only pays!" Zhou Shi was rarely arrogant, how could he have the opportunity to say such a thing in his previous life.
"You don't need to invest?" Xue Mangzi was very unhappy
"Yes, and a lot. Zhou Shi unceremoniously continued: "But my current ability can at least support the company's valuation to $100 million, why should I invest now." ”
"Looks like I've underestimated you and made you laugh. Xue Mangzi was also polite
"Actually, I'm not good, I mainly want to turn Time.com into a place where my ideas happen, mature a product and then launch it to accept investment, but I admire you a lot, so I still accepted your invitation to come, please forgive me. Zhou Shi said half-truthfully
"Oh, really?" Xue Manzi pushed the boat down the river, and the two of them chatted. Zhou Shi's admiration for Xue Mangzi first came from the report of the Chaoyang masses, a person in his 60s is still very open, and he is still gathering people**. Such a senior made him envious.
But after all, it was only the first acquaintance, and the two of them did not have in-depth communication, let alone gather together XX, and after drinking a cup of coffee, the two separated. Zhou Shi also took time out to see Zhang Banxin, the Zhang Banxin who had been running an education for a year, and his training institution was called Xueersi. The name is not bad, Zhou Shi lent him 400,000 yuan last year, and he and another classmate set up this company together, but Zhou Shi was not ready to enter the education industry, so he did not start a business with them. However, it was agreed that by this year, Zhou Shi would choose whether the 400,000 yuan would be converted into debt or let them repay the money.
"Wow, you are so powerful!" Zhou Shi looked at them in surprise, in 2004, 80 of the less than 400 students who received training were admitted to the experimental class of the High School Affiliated to the National People's Congress, and 95% of the students entered the key middle school, which is much better than those teachers from famous schools. Although there is not much profit this year, the development prospects can be imagined.
Zhang Banxin smiled honestly, but Cao Yongdong grinned, "Although we are not as strong as you, our development prospects are still very good." ”
"I believe that as long as we work hard, we will not be much worse than New Oriental. "Zhou Shi really thinks they are very promising, not only because of what they have done now, but also because of the proof of the future market. Good Future, an education group with a market value of $20 billion, is even better than New Oriental.
"Brother Xin, Brother Dong, why don't the younger brother take advantage of it today and let me buy the 400,000 shares?"
"Of course, we said it last year. "Zhang Banxin
"But I think I'm still taking advantage of it, and I can't count it as last year. I have too much stake in that way. "Zhou Shi agreed with them last year that it was 30 percent, and this year they have such results, Zhou Shi still accounts for so many shares, although there is no problem in the short term, I am afraid there will be a lot of sequelae.
"That's not good, it's as much as it is. We wouldn't have been able to do it without your money. "Zhang Banxin.
"Brother Xin, you are an entrepreneur, and your main contribution is generated by you, and I am just an investor, sitting back and enjoying the results. The purpose of my stake is to make money, and I believe that you will eventually make me money, and maybe we can go on a trip to NASDAQ. "Zhou Shi
"Even so, we should follow the contract, which is the integrity of the enterprise and life," Cao Yongdong also helped Zhang Banxin said
"Do you have any plans for next year?" Zhou Shi suddenly changed the subject.
"Yes, we are ready to expand to secondary school training," Zhang Banxin
"Is there enough teachers to ensure the quality of teaching?"
"It should be fine," Zhang Banxin looked at Cao Yongdong
"Otherwise, I will invest another 600,000 yuan, make up 1 million, or count me as 30% of the shares. With more funding, we can hire better teachers and better ensure the quality of teaching. Zhou Shi put forward his own opinion.
The two of them looked at it again, and Zhang Banxin said, "Okay, this time it's decided!"
"That's it!" Zhou Shi was naturally very happy, although he didn't know how many shares he would be able to get before the listing, but this investment was definitely earned, unless there were other accidents.