Chapter 1011: The Great Movement

The Metasequoia forest in front of the Dongda Library is full of spring. Metasequoia emits tender green leaf buds. There are flowers growing in the forest, like ignited purple flower flames floating into the forest. Under the stems are horseshoe golden grass growing like a green grass.

Zhang Ke was waiting for Chen Feirong to come out at the door of the reading room. The two walked through the library and saw the spring in the metasequoia forest. Zhang Ke smacked his lips and said, "It's only a few days since I suddenly didn't grow..."

There are pebbles paved with pebbles, pebbles and pavilions. At this time, there are also people sitting or standing in the forest to practice speaking, reading, or pure love. Zhang Ke saw that there was a pavilion in the forest empty, pointed to it, and said to Chen Feirong: "Spring is really not a day of study. We are waiting for Du Fei and the others to come there."

The e-commerce website business plan is a winning work of the Jianye University Students Joint Entrepreneurship Competition. Chen Feirong is clear about the basic situation. It was jointly submitted by four students from three universities, including Dongda University, Normal University and Jianlin.

The maximum financing limit for the Jianye University Students' Joint Entrepreneurship Competition winning works is one million, which is far from meeting the financing requirements of e-commerce websites. This business plan can only be handled as a special case.

Zhang Ke and Chen Feirong waited in the pavilion for a while. When they saw Shi Xuebin, Shi Xinfei led two people to come first. There were two authors, one was a student from Normal University and the other was a student from Jianye Forestry University. Du Fei was driving to pick them up. Shi Xuebin and Shi Xinfei led the two of Dongda University to come first.

"Are you a horsepower from the second-year research institute of the State Business Academy?" Zhang Ke blurted out that one of them looked familiar, but he thought he shouldn't know him, and explained, "I heard that you and Lin Bing are classmates. You often sell books in the library hall, but there are many pirated books mixed in it."

Seeing Mali, Zhang Ke could guess what was written in the business plan.

Before he was a graduate student at Dongda University, Ma Li was an undergraduate student at Normal University. Although he studied mathematics education, he was a very economical guy. Since his junior college degree, he has cooperated with the school Youth League Committee or the student union to sell books in the school. When he was admitted to Dongda University, his book sales network with his partner had already spread to various universities in Jianye. He even established personal websites and cooperated with BBSs in various universities to start selling books online. At this time, he was a well-known book merchant in Jianye, and the so-called e-commerce website actually had a certain foundation.

Even if there is no change in history, Mali and his partners will develop in the direction of expanding e-commerce. In the past, Zhang Ke has not had much contact with Mali, but he has had several conversations, which is considered to be aware of it. Influenced by the global new technology bubble, Mali and his partners cannot avoid having too high expectations for the short-term growth of e-commerce. In 1999, relying on their influence in major universities, Mali's personal website has become the largest book sales website in Jianye, with sales volume compared to Xinshijie.

The big bookstores are not weak at all. However, the investment in the website's hardware and software facilities and sales network is so large that it exceeds the imagination of horsepower and his partners. After paying all the savings earned during college, they have missed the best time to raise funds. Although the Internet boom was surging at that time, the website did not have enough capacity and financing was not particularly convenient. Besides, the lack of this change in Jinhu, Jianye had a weak influence in the domestic new technology industry field at that time. At that time, most venture funds liked to hunt near Zhongguancun, Beijing.

Without the support of risk financing, it is difficult for personal websites to survive the Internet winter. It is not difficult to imagine that Mali and his partners fell down here. After such a failure, Zhang Ke also had several opportunities to meet Mali. Mali was also very successful in the traditional book sales field, but he was still far from what he believed to be the peak of his life.

When it comes to Zhang Ke's name, few people don't know about Dongda University, but they don't see many people, let alone Ma Li is a graduate student at the State Business School?

Ma Li has less childishness as a student, and more smart as a businessman. He smiled with Zhang Ke and said, "I have always heard that the Creation Association has a mysterious founder, but I just don't have the chance to see it... Do you know Lin Bing too?"

"Well, I met you very early," Zhang Ke asked, "Did Lin Bing introduce you to submit your business plan to the Jianye University Student Union Entrepreneurship Competition?"

"It's also true, but I was in the relationship entrepreneurship competition before, and I was a little hesitant. Lin Bing introduced me to Du Fei, so we can participate in the entrepreneurship competition after the primary election. The preliminary plan was also very rough. In the process of participating in the entrepreneurship competition, the business plan was gradually improved..." Ma Li said. He knew that the 5 million financing was somewhat beyond the ability of the Chuangyuan, and his expectations were not too great. As the largest venture capital investment fund in China, Oak Park Venture Capital Fund prefers investment in technology-based startups.

I thought that compared to the founder of the College Student Entrepreneurship Association, Zhang Ke believed that his other deeds were more famous on campus, but there were some things that were not very nice. I asked Ma Li to sit down with his partner Yang Weiyi. Zhang Ke took the file bag, took out the business book, and looked through it in the pavilion. Yang Weiyi was also a graduate student at Dongda University. When he was an undergraduate, he studied mechanical major at Dongda University and was the backbone of the school's Youth League Committee. When Ma Li extended his book sales network to Dongda University, Yang Weiyi started to organize poor students to work and study on behalf of the school Youth League Committee, but later he dragged Ma Li directly into the water. At the beginning, he started this business and was admitted to Dongda University's graduate student.

Du Fei and Dong Yuehua quickly took over Mali's other two partners. The girl from Normal University was Mali's girlfriend Tong Li, who was a pretty girl, short and capable girl.

"What do you think of this plan?" There were four stone benches in the pavilion, and everyone stood there talking. Du Fei came over and sat on the cold stone table and asked Zhang Ke.

Ma Li also recognized Du Fei, Shi Xuebin and others attached great importance to Zhang Ke's opinions, and looked at Zhang Ke with anticipation.

"You have seriously studied Amazon's business model," Zhang Ke put the business book on the stone table and said with a smile, "This business plan is pretty good, but I still want to say that the business plan is not a homework handed over to investors. Writing the business plan seriously can help you think through the business process... As the largest book on the money sales website at this time, Amazon's business background is the United States, and for a long time in the future, we can only focus on the domestic market, the background differences between the United States and the domestic market, the foundation of business, culture and the Internet industry, etc., this plan did not take into account too thoroughly." He smiled and said, "We have read this plan, and we are just going to discuss it again..."

Zhang Ke did not deny this business plan at once. After all, there are very few people who can thoroughly study the entire industry in advance and should pay more attention to growth potential. Especially the development of the Internet industry in the next few years can be said to be a turning point, and a perfect business plan cannot be designed.

Ma Li heard Zhang Ke's words, but thought he was denying this plan. He even doubted whether Zhang Ke could fully understand the contents of the plan in such a short time. He also wanted to finally win it before completely denying it. He said: "Zhuoyu needs to develop into a national online book sales network, which requires far more than five million yuan. After obtaining investment from Chuangyu, Zhuoyu first developed business in the three major cities of Jianye, Jinshan and Wenzhou to form a stable business model and influence. The next step is to consider financing overseas risk - so we tend to be Amazon model, just like Quantun Online tends to Yahoo model." He was also worried that Zhang Ke did not understand Quantun Online enough, and introduced, "Quintun Online was also initially

It is to obtain 30 million yuan in Oak Garden Venture Capital. The second and third batches all come from overseas venture capital, so that they can develop into the largest Chinese portal in more than two years. At this time, Quantum Online is conducting the last financing before the listing of Nasdaq. It is said that Oak Garden Venture Capital will transfer all its shares to overseas venture capital in this financing and make a profit. There are reports that the transfer price of Oak Garden is 35 million US dollars, which is almost ten times more profitable than the investment two years ago. I personally think Oak Garden Venture Capital is still too conservative. The wave of new technology is emerging now, and the controlling stake of the largest Chinese portal network is definitely far more than this. Yahoo's market value exceeded US$18 billion in April..."

Zhang Ke smiled slightly. As the largest Chinese portal website, Quantung Online's overseas listing always attracts the public's attention. The final adjustments made by Quantung Online before listing can never hide the attention of the media. Oak Garden did not transfer all the shares of Quantung Online in its hands, and finally held 15% of the shares. This part of the shares will be completely locked down to ensure that the ultimate influence and penetration of Quantung Online exists on Quantung Online and will not be sold due to the rise and fall of the shares. The transferred shares are not transferred to others, but are accepted by the offshore risk fund established by Jinho in the name of ESS in overseas tax-avoidance areas. This part of the shares will be sold at a high point after Quantung Online is listed on the Nasdaq.

The advantage of doing this is that Kumho can maximize the freedom to support profit-making funds for overseas investment, and also prevent Oak Garden from attracting media attention due to selling behavior in the future.

Without Ma Li's explanation, Zhang Ke knew that their business plan was based on the expectation that the global new technology wave would prosper for a long time. Although economists have already proposed to be alert to the bubble of the new technology wave, it has not yet caused enough vigilance. Besides, the giants in the capital market will always try every means to paralyze the nerves of other investors or speculators.
Chapter completed!