You call this entrepreneurship?

Chapter 73 Open the champagne at halftime
"Group buy?!"

When faced with a new business concept, Taylor's eyes lighted up as he had a keen sense of smell.

Yes, yes, this is it.

A profitable Internet story + new business concept.

This is the Internet project I want!

Taylor looked at his assistant, "Go get some drinks. John, what are you drinking?"

"Just coffee." Qin Shaoyan added, "Cappuccino, less sugar."

The conference room fell silent briefly, and both teams fell silent, taking this opportunity to digest what Qin Qin Shaoyan just said.

Taylor also calmed down and rethought and analyzed the information he received.

Qin Shaoyan, on the other hand, looked confident, waiting for the coffee to be placed in front of him, then picked it up and took a sip slowly.

This Taylor is really hard to deal with.

As soon as the rhythm picked up, he immediately realized something and interrupted Qin Shaoyan's words.

But it doesn't matter, I still have a trump card that I haven't played yet.

Taylor took a puff of his cigar, highlighted the smoke ring, and said with a smile: "John, can you tell me more about your group buying plan now."

Qin Shaoyan, who was already prepared, opened his mouth and said quickly and fluently: "By reviewing the existing Internet business model, we are result-oriented, breaking through the ideological barriers, realizing the abstraction of business theory, and creative design. A whole new version of the business model.”

"This e-commerce model can be called C2B, Consumer to Business!"

"This is another e-commerce model after B2B, B2C, and C2C."

"We can use platform big data to analyze precise user profiles, focus on user perception, reach tipping points through differentiation and granularity, and bring together users with the same shopping needs."

"At the same time, we use the website platform as a channel to organize groups and make discount requests to suppliers."

Taylor applauded again and praised: "This is a really good story. John, you are really a great entrepreneur."

"However, I have one last question." Taylor changed the topic again, "How to determine whether this business model can be successful?"

Qin Shaoyan smiled, picked up the coffee and took a sip.

Taylor looked at Qin Shaoyan and didn't urge him.

"Actually, Facebook is not my first Internet project." Qin Shaoyan said with a smile.

Taylor was stunned for a moment, a little surprised.

Qin Shaoyan said unhurriedly: "Three months ago, I created an acquaintance social networking site for school students in China, called Xiaonei.com."

“When I started my business, I only had US$80,000 in capital, but within two months I already had 200,000 registered users.”

Taylor reacted instantly, "So Facebook's model is not the first in the United States?"

"Yes." Qin Shaoyan said with some pride, "I conducted an experiment using China's domestic Internet, and the results showed that this model was very successful."

“That’s why I dared to invest $10 million to create Facebook.”

"Damn it!" Taylor cursed with some annoyance, "Why didn't you say this from the beginning, you bastard?"

Qin Shaoyan smiled and said nothing and continued to drink coffee calmly.

Taylor quickly said: "Are you going to try the business model on China's domestic Internet first, and then transplant it to the United States?"

"It's not an attempt, but I've already done it." Qin Shaoyan was very confident, "The profit prospects are very good."

Taylor stood up and paced back and forth in the conference room, holding his chin with his right hand.

He was thinking intensely, weighing how to make a decision.

Facebook plus group buying is a perfect story. As long as the business model is proven successful, it will definitely be popular in the capital market.

But what Taylor pays more attention to is the Huaxia Campus Network, a website with the same model in two countries, which contains greater value.

The campus network can provide Facebook with trial and error costs. No, this is only the smallest part of its value.

Think about it, if at the right time, Facebook suddenly announces its entry into the international market, and then Campus Network merges with Facebook, it will definitely stimulate the stock price to the level of a nuclear bomb.

Taylor is acutely aware of this. Qin Shaoyan, George and Fred looked at each other with smiles, and it was almost done at this time.

He picked up the coffee and took another sip.

This coffee is very good.

Taylor walked around for a few times and suddenly stopped, turned around and looked at Qin Shaoyan, and said impatiently, "Then we will go to China next month and let my team take a look at this business model, okay?"

OK you big head ghost.

Taylor asked to go take a look, so naturally Qin Shaoyan couldn't say no.

However, Qin Shaoyan didn't show any panic at all and said very calmly: "Next month won't work, maybe next April."

"Walter?" Taylor was stunned for a moment, "Why?"

"Our main customer group is mainly school students, who are facing exams in December." Qin Shaoyan slowly organized his words, "The exams in exam-oriented education are very strict. Their desire to shop at this time is very low, and it is the end of the semester. They don’t have much cash left.”

"Winter vacation starts in January, and February is the Chinese Lunar New Year. At this time, the whole country is on holiday."

"April, spring is a beautiful season."

Taylor frowned and thought for a while, then quickly smiled, "April is fine, then it's settled."

"If everything goes well?" Qin Shaoyan asked tentatively.

"One billion valuation, 20% shares." Taylor extended his hand.

"make a deal!"

The two hands were clasped together, and both of them smiled.

"Go get the champagne." Taylor shouted, "This is a good time to drink champagne."

Qin Shaoyan also nodded with a smile on his face. Although it was not advisable to open champagne at halftime, Taylor was in such high spirits that it was hard for him to say no to drinking.

When the wine glasses are touched, the aroma of wine overflows.

Taylor held the wine glass and said happily: "John, I have a hunch that this will be one of the most successful Internet projects I have invested in."

Qin Shaoyan nodded, "Me too."

Taylor looked at Qin Shaoyan with a smile and suddenly said, "When do you plan to promote the merger of campus network and Facebook?"

merge? !
It’s your daddy!
When did I ever say that the two would merge? Don’t I know what Facebook is?

How could such a dirty thing be merged with the campus network?

Don't just drink, take some cephalosporins.

Qin Shaoyan tried his best to smile, "It will be at the right time."

"For example?" Taylor smiled knowingly, "Before going on sale."

Qin Shaoyan smiled and raised his glass, "Cheers."

After coming out of Sequoia Capital, George and Fred were ecstatic, so excited that they couldn't help themselves, and they high-fived each other to celebrate.

"Buy it, we succeeded!"

"This is so cool. The valuation has increased tenfold in one month. John, you are such a genius." George slapped Qin Shaoyan on the shoulder.

"Yeah." Qin Shaoyan agreed in an extremely perfunctory tone.

George saw something was wrong with Qin Shaoyan, and asked in surprise, "What's wrong, John?"

"Oh, I remembered that there is something else going on over there in China. You can buy me a plane ticket. I have to go back and take care of it." Qin Shaoyan looked at George with a smile, "I'll leave Facebook to you."

"Don't worry." Fred said confidently.

Qin Shaoyan sighed inwardly.

Sure enough, starting a business is not easy.

It’s hard to get venture capital money.

(End of this chapter)