However, Xu Xin's interest was still on Liang Kenian, and she still asked unyieldingly: "Hey, Xiaoliang, why did Baidu suddenly reverse its fundamentals?"

This is not a question that the associate professor of economics can answer. Liang Kenian must read the financial report faster and accurately than Chu Yuanxi, and he also remembers more data and models in his mind. However, the question Xu Xin asked is called "enterprise factors", and cannot be answered by "Baidu blind cat hits a mouse and works as a medical advertising supervision", although this may be closer to the correct answer.

Why is this answer unacceptable? Because even if there are supervision, there are many different ways. Xu Xin asked why Baidu chose the optimal solution. This is also attributed to the fact that it is difficult for people to believe that the cat is really blind.

Therefore, from the perspective of examining the development of the enterprise, Liang Kenian saw the process of the blind cat hitting the dead mouse, but he couldn't tell the reason.

At this moment, Yang Heng said, "I'll throw a brick and give me some advice."

When he came, he also took a folding fan in his hand. At this time, he spread the folding fan and exposed a string of English on the fan. Chu Yuanxi, who was crooked, did not recognize what it was. He thought that this was the competitive mentality of the first-generation consultant for the second-generation purpose?

Yang Heng said: "I think it's competition. The competition between Baidu and Toutiao stimulates the two companies to grow rapidly together. It is equivalent to Douyin vs. Kuaishou in 2018. Baidu happened to face such a good opponent in Toutiao, forming a high-level struggle. The battle is the easiest to improve the strength of the company. How to fight is the specific process, and the important thing is who to fight."

This time it was Chu Yuanxi's turn to applaud, saying that he had been an entrepreneur, and his perspective was different. However, Baidu vs. Toutiao system is not the right one. Considering that Zhang Ming was aiming at Baidu's poaching momentum and the Toutiao system's determination to enter search, it was normal for them to meet their heads - Zhang Ming's famous saying is: If the Toutiao app does not expand the search scenario, the growth space of dau will only be 40 million.

That's all. Although Liang Kenian is responsible for the investment in Baren, Gan Xin Buying Cookie Chu Yuanxi did not intend to let him intervene, so he applauded and said to him: "Then Kenian, you will quickly form a team and then build positions in batches for Baidu, but don't worry. You must also pay attention to the timing when buying stocks in the open market. The recent decline of Nasdaq is too sensible. Let's take a look at the market first."

Unexpectedly, Liang Kenian was a serious person. Not only did he not leave, he asked: "Have you forgotten something?"

"What?"

"Why did you deliberately chat with me just now?"

"Because your report is not a report, your order is wrong, you are the order of chatting." Chu Yuanxi said that Lao Liang's son is quite vengeful, and he is worthy of being from the ivory tower. He has no social tact, nor has he been beaten by society. Such a person must convince him in theory.

"Don't say I'm going to slander you. Yang Heng and Lu Yin have both started businesses. Like what you are going to talk about today, it is a project establishment report, which has a fixed format. I'll think about how to give an example." While speaking, he went around for a short circle, "Eight-legged articles, yes, Eight-legged articles, there is a fixed format. Your project establishment report should first analyze the market and then talk about the team. If there is no team, talk about how to form a team, and who will look for people wherever you go, and then talk about your own ideas, and finally the specific case. As a result, you bought Baidu as soon as you came up, and that's what you asked me to talk about."

Liang Kenian was convinced and left. The one who handed over the work with him was Ye Ping. What we will talk about next is the investment of Baren in Ganxin grocery shopping. It not only involves some legal terms, but also has strong practical value in itself. For Ye Ping, who aims to be the secretary of the board, it is a good learning process even if he listens.

When Ye Ping closed the door and came in, Chu Yuanxi was not vague and said the matter directly: "My sister and I studied it. Regarding Ganxin’s grocery shopping, I think since you have started supplying other companies, financing and development must also be started immediately."

The so-called supply to other companies is actually a complete failure to promote Mileage 5 without reasonable promotion. Xiaokang has only 20 stores in the two main cities of eastern Guangdong Province. Originally, it should have expanded stores significantly after the Spring Festival. At normal speed, more than 100 stores have reached 200 stores. However, when the brakes are stepped on, even a new store has not expanded.

Ganxin went to eastern Guangdong Province from the beginning, and even the capital of the well-off old nest of the capital was ignored. The two of them were in charge of the city and developed rapidly, with the purpose of matching the demand ability after the expansion of the well-off society. This also caused the capital of the well-off society to rely heavily on Xu Xin to allocate fresh food resources.

Then during the Spring Festival, the fresh food track exploded as a whole. Even if Ganxin Made in the market, it developed faster than expected. In other words, the supply capacity exceeded 200 retail stores, but Xiaokang was in a dilemma. Can this work? Ganxin Made in the market has to sell the prepared resources.

It’s like during the Chinese New Year, many big restaurant brands stocked up on a lot of dishes, and suddenly couldn’t do it anymore, so they had to change their careers and sell vegetables.

However, Tob's fresh food and vegetables are not sold casually or they are built into a wholesale market. They must sign an agreement with the customer, which will lead to a series of troubles.

In short, the current situation is that Ganxin Made in Cookie must start a new round of financing, otherwise the current situation will not be maintained, let alone Xiaokang will start to expand its supply in the future.

Chu Yuanxi said: "I had a gentleman agreement with Sister Xu. If Gan Xin buys vegetables according to the plan and does not exceed the rules, and then I can provide goods to others, I will buy vegetables for Gan Xin. I didn't expect this day to come so quickly, but I have to fulfill the promise that should be fulfilled. From now on, you can raise funds freely."

The Baren + Xiaokang group signed some agreements when incubating Ganxin’s grocery shopping, which included some exclusive terms to limit the development of Ganxin’s grocery shopping. This restriction is not to suppress it, but to keep Ganxin’s grocery shopping without breaking away, and to serve the well-off society at the same time and flourish itself. At the time point, when Yisheng Fresh and Kaimen signed a strategic cooperation agreement, this choice was undoubtedly a good patch.

But now the conditions have changed. A huge special event has caused the development of a well-off society to bump. Fresh food is completely different from the end of last year. You dare to ask the sun and the moon to change the sky. The development of the two is very different from the plan.

Therefore, there is no need for Chu Yuanxi to stick to the rules and regulations that were originally formulated, there is no need for him.

(The author is also very moved to write this passage. At the end of last year, the terms I thought were suddenly inappropriate...)

Just like when raising children, you must learn to let go in time. When the child becomes an adult, you must let him work hard to grow into a better self. The Baren incubates Ganxin Crafts to make an industrial investment, and the incubation goal has not changed, but the change has changed too quickly. So why not give Ganxin Crafts to a better development environment?

Personally, Yang Heng and Lu Yin happened to catch up with this storm and worked diligently. Not only did they fail to make a mistake, but they also completed the task beyond the standard. Then, because they were tied up by Chu Yuanxi, they couldn't even get any hair. As entrepreneurs, they were not suitable for putting their hearts in mind.

Besides, free financing means that the Ba people give up the right to use certain terms, and it is not that the share is gone.

Although Yang Heng and Lu Yin were already mentally prepared when they were called to the imperial capital, especially after chatting with Xu Xin for a while, Xu Xin didn't count. At this time, when Chu Yuanxi said it in person, one clenched his fists and the other's face was flushed.

"No need to do this, no need to do this, it's just a little bit ahead of time. In advance, it is also to better supply to Xiaokang in the future. I just said it without outsiders hahahaha--"

Chu Yuanxi smiled, while Xu Xin asked calmly: "Yang Heng, do you regret being a tob?"

"I don't regret it. I've never done it. I know how difficult it is toc." Yang Heng said very calmly. Xu Xin must have this problem because the fresh collective salted fish turned over during this period. Toc turned over more vigorously, the cake I ate was fuller, and tob seemed to be separated by a layer.

Lu Yin also nodded: "Doing toc, logistics, cash flow, user operations, etc., everything must be done well. No link can be lost, and money will be burned. Moreover, the profit is low and the loss is high. Compared with the past, the market is just being educated and the user penetration rate has increased. In fact, the profit is inflated. After this period, the profit will definitely be dropped back."

Speaking of this, she glanced at Chu Yuanxi, then stuck out her tongue: "It's the same as a convenience store."

Chu Yuanxi said that the freedom I gave you is too high! Only those who have never seen online content will feel the same, and you will see that I am the same at that time!

Of course, he couldn't be angry with this, at least he couldn't show his scruples, so he laughed: "It feels like the difference between buying stocks and buying funds. After buying closed funds, you don't have to watch the market. Anyway, you can't redeem it. Stocks have to be watched every day."

Yang Heng put the paper fan together and said, "I think it's better to use "Snake Catcher's Talk" as an analogy. Tob is very good and not easy to do, but it's worry-free to do it."

Xu Xin was sitting on the sofa while suddenly asked: "Profits will really fall back? Can't the price be maintained by providing services?"

"That's necessary to defeat offline." Chu Yuanxi thought for a moment, "Why can Taobao Goudong be deeply rooted in people's hearts? Because it can defeat offline. Offline store fittings, and buying the same model online is the reason. Fresh food e-commerce is not so popular now, but rather a watershed. Prices cannot be lost to offline. Services must be better than offline. None of them are missing. The test is how efficient a whole chain is when it is difficult to standardize. Anyway, I am not optimistic about it. Online is more expensive now than offline."

"So, it would be boring if it turns back to the money-burning war." Xu Xin thought of the first weapon of fresh food, which is the forward warehouse. The forward warehouse model was once considered the key to service over offline, but the cost was also quite high. The way to reduce costs is to increase density and dilute logistics costs.

Even so, the diluted cost is still not low. Once the price cannot hold on, it will still fall back to the break-even ratio below and turn back to the money-burning mode. How should we break the deadlock?

She herself said a long time ago that fresh food is the last fortress of e-commerce, so fresh food users can overtake in the e-commerce field. Unexpectedly, so many years have passed and even the dawn has been seen. Entrepreneurs have not found a way to break the situation?

Taking it for granted, she thought of the Xiaokang model. Xiaokang's stores are also hovering around the profit and loss line. The current huge increase in profits is not the norm. What really makes profits in the future are membership card fees, franchise fees, and value-added services brought by online content.

Although it is different from fresh food, the two seem to have a lot in common. If the forward warehouse of fresh food is regarded as a store of Xiaokang, then Xiaokang can build a huge closed-loop ecosystem based on the store. It seems that the forward warehouse can also be? It is also close to the community and has a higher density?

"Xiao Chu." She finished her thoughts, called Chu Yuanxi, and then said frankly: "Actually, I think it's not the most suitable for you to find a strategic cooperation partner. You should really find a fresh food e-commerce company with a large number of forward warehouses. It's a pity that Fresh Food has no good intentions, otherwise it would be really suitable.

Don’t roll your eyes. Listen to me, will those forward warehouses be included in the online system of Xiaokang be lower than stores and more in quantity? I have a lot of resources, so don’t you think about it seriously?"

Chu Yuanxi put away his eyes and bloody boundaries, but he couldn't help but complain, "Sister Xu, as you say, I should find Luckin to strategic cooperation. Luckin occupies commercial buildings, I occupy the community, and we have the advantages of complementing each other. Will it be invincible after applying the framework of a well-off society on the online content together?"

Xu Xin couldn't tell whether Chu Yuanxi was telling the truth or burying her?

I heard Chu Yuanxi say, "You are an investment, but now you can't help but cross the boundaries. I can guarantee that your thinking is wrong. Entrepreneurs will never think so, 100%.

In fact, there is one thing Xu Xin didn't think wrong, that is, if Xiaokang's online strategy is fully exposed and fully demonstrated, then both the fresh food forward warehouse and Luckin Coffee may become enemies, and they do have the potential to learn from Xiaokang.

But this is another false proposition, because it is really 100% publicized. The 724 learns it faster than them, and it is much faster. You can learn to leave at the same speed!

Xu Xin was a little absent-minded and her mind was in a slight horn. However, Ganxin still had to invest in buying groceries, and it was easier to do, which was nothing more than a matter of valuation and financing amount.

She is very interested in participating in this Tob fresh food, because although it is not certain whether it is stable to make a profit, it is certain not to lose money. There is a huge demand for well-off people, and it takes a certain financial foundation to pay.

There is actually a good comparison between the valuation and financing amount, that is, Wangjiahuan, which is also rooted in Pengcheng. Huang Tuan is now discussing Wangjiahuan's round B financing, with the financing amount being approximately about 600 million yuan. Although Wangjiahuan's main business is extensive, fresh food distribution is the largest proportion, and its size is larger than Ganxin Maijia, and it is still comparable.

Therefore, the four people quickly finalized the framework of Ganxin Maicai's A-round valuation of 700 million yuan and 150 million yuan. The difference was only the question of how much the third-level incentives Chu Yuanxi had set for the two of them. After the two of them developed, Ganxin Maicai had already had thousands of employees in just three months, and was well organized. Xu Xin also took the exam for the management of Yang Heng and Lu Yin and found that it was indeed qualified. Even if it reached this scale and management, it was worthy of the valuation of 700 million yuan.

However, when incubating, Ganxin Mai Craft was a total share capital of 100 million, with Ba people accounting for half. At the same time, there was an incentive of 40 million. All three incentives were obtained, and the two of them each received 20 million. This part of the incentive was equivalent to preparing for the two, but because it was only three months and the time was too short, it was obviously not completed yet.

This involves the details that are carefully considered between entrepreneurs and investors, and Ding is Ding Mao is Mao. Giving convenience for incubating entrepreneurial free financing does not mean giving entrepreneur shares freely. Therefore, both parties go back and forth.

In the end, Xu Xin made the final decision. The motivation was not considered complete or failure. Instead, the conditions were determined again, and rolling over to become a new round of motivation.

This set of things made Ye Ping a little unable to keep up with the pace, and he barely followed the entire process. Chu Yuanxi did not leave Xu Xin and the others for lunch. After everyone left, he quickly gave Ye Ping a lesson. The tutoring effect was the best at this time.

Ye Ping complained: "Old Chu, what exactly did you let me listen to? Is it financing, corporate development, information disclosure or management? Why are you talking about everything? Is my mind broken? Do you know?"

"We just went wherever we went? It was obviously very simple questions, right?" Chu Yuanxi couldn't help but laugh and said to Ye Ping: "It seems that you have many shortcomings, you have to study hard. Let me tell you that there are Diweixun, a listed company in Pengcheng. They are the chairman, secretary of the board, ceo, and cfo. They are all fine. You just want to hear it. This means that you are a little unhurried to improve yourself and have to give yourself a price."

Ye Ping tried her best to hold back the big mess, thinking to herself that I know this person, what I am doing now is previewing the training of the secretary of the board! Who said this person is fine? How many times have he been sent by the management to "supervision and accountability"? Ah—

The reason why Chu Yuanxi did not keep Xu Xin and the others for lunch was because he made an appointment with Du Xiu for lunch. Although Du Xiu was mainly responsible for the promotion of the world well-off society, he was actually a versatile talent. His age experience was there and he could do anything.

So this time, whether he was arranged to bring customer service or the ground safety team Du Xie could bring it well. If it weren't for the itchy body, Chu Yuanxi would have entrusted the important task long ago.

After more than a year of maintenance, Du Xiu has recovered now. Chu Yuanxi made an appointment with him this time to give him a more important task, which is the important task of a quality life.

Quality life is a big project. The first step is OEM and quality control. The food experts who undertake a well-off society are connected to OEMs below. The people who need to take charge of the helm have certain operating capabilities rather than some technology. The technical part is left to experts to solve.

So Du Xi is completely capable. But the next step to build a factory by himself will have to worry about him, and he will not be careless about building a factory by himself.
Chapter completed!