Volume 2: Storm Rising 2015 Chapter 385 The Mouth of Capital
The process of winning over Dai Wei was extremely smooth. After all, for the shared bicycle project which was still in its infancy, it was far from being able to bargain with capital.
In fact, if you want to get the favor of capital, you need to work hard to convince others. Therefore, Dai Wei has no reason to refuse this kind of capital that comes to him actively and is particularly "generous".
This also saved him the effort of convincing investors. With this large sum of money in hand, it would be easy for ofo to expand rapidly and achieve its goal of occupying more than 20 universities in Beijing.
As for the next goal, Dai Wei naturally turned his attention to the university groups in other first-tier cities. Only by further improving and perfecting the products can he have the basis for launching them to the society.
Although the chat with investor Lu Sifang was easy, it is obviously impossible to see the shared bikes in society in the short term.
You have to have a goal, but you still have to take one solid step at a time, just like riding a bicycle, you have to pedal one foot at a time to move forward.
As for the role of capital, at most it can make the bicycle stand up and pedal, making it run faster, but it cannot make the bicycle fly.
After seeing off Lu Sifang and his group, Dai Wei was in high spirits. Co-founder Xue Ding was also excited. "We got 2 million US dollars so easily?"
"Based on this share, the market value of our company has already reached tens of millions, right? At most, we have only been in business for a little over a year..."
Even though they were both Peking University students, Xue Ding still felt that it was a bit unreal, as if... the money was too easy to make...
After all, there are only 2,000 ofo bicycles on the Peking University campus, and some of them are shared by Peking University teachers and students on the platform, which have been uniformly modified by them.
The current ofo yellow bikes still use license plates to mark each ofo yellow bike. Users need to enter the corresponding license plate on the sharing platform to obtain the corresponding password to use it...
In Xue Ding's opinion, the main reason why it has caused such a big response on the Peking University campus is that it is a new thing and can easily set off a trend of use on campus.
After all, students are naturally more receptive to new things, which is the main reason why they positioned their products for the university group after research.
"I used to hear at school that some seniors had already started an Internet business and had a net worth of tens of millions before they even graduated. I never thought it would be our turn so soon." Dai Wei also sighed.
When I got the angel round of 1.5 million USD, I didn’t feel anything. I just wanted to make the project happen. However, 2 million USD was equivalent to more than 12 million USD in cash…
It was really exciting. Even as a Peking University student, Dai Wei had to admit that he had never seen so much money...
"Okay, let's not get too excited. After all, this money is not going into our pockets. Let's inform everyone of the news first and hold a meeting to discuss how to spend this money. It will take a lot of effort to spread our products to more than 20 universities in Beijing!"
Dai Wei calmed down, patted Xue Ding on the shoulder and said something teasing, as if he had begun to show the demeanor of a leader.
"We are in a promising future, so we are not afraid of any effort. Although the money won't go into our pockets, our common cause is obviously going to grow bigger and stronger and create greater glory!"
"After the meeting, we have to have a mutton hotpot to celebrate today. This is not too much to ask, right?"
"It's not too much. Can't I treat you? Let's choose the one outside the west gate of Peking University, the old place we always go to!"
…
2 million US dollars is a huge sum of money that Dai Wei and his group of entrepreneurs have never seen before. However, for Lu Sifang, who is surrounded by gold bricks all day long, this is the "cheapest" investment project he has handled since joining Dongsheng Investment.
After all, the previous projects all started with tens of millions of US dollars, and each one was a large investment of nearly a small goal. Compared with these, shared bicycles are naturally dwarfed.
Although 2 million US dollars is still a huge sum of money for him, even if it is a million-dollar annual salary, it would take more than ten years to save it without eating or drinking...
But this did not prevent Lu Sifang from feeling bored after getting the investment.
However, it is not the time to slack off yet, as the tasks assigned by the boss have only been half completed. Compared to the indifference of spending money that is not his own, Lu Sifang still pays special attention to the equity incentives that are closely related to his own interests.
However, compared with this shared bicycle project founded by a group of Peking University students and developed on the Peking University campus, the other project is even more insignificant in Lu Sifang's view.
Compared with the same group of Peking University students, a female entrepreneur who is over 30 years old and already a mother has to take care of her family while starting a business. From an investment perspective alone, there is obviously no comparison between the two.
After all, starting a business is a laborious task that requires a lot of time and energy, and in the early stages of a business, the entrepreneur almost directly determines the life or death of a startup project.
Therefore, the assessment of entrepreneurs is an essential part of the process of investing in entrepreneurial projects, and even plays a direct and decisive role.
If we look at it purely from Lu Sifang's many years of investment experience, the investment value of this project is far lower than that ofo.
After all, Dai Wei and his group of young people have already put the concept of shared bicycles into practice and have achieved visible results on the Peking University campus.
In contrast, the Mobike Technology Company that my boss asked me to pay attention to was founded in 2015. Almost a year has passed, and there is still no finished product or market launch...
Lu Sifang was a little curious. It was not surprising that people paid attention to the company ofo. After all, they had really made some achievements. If one paid close attention, one could notice some clues.
However, if you want to pay attention to such an unknown company and want to get relevant information, you have to spend some effort to search.
Perhaps the boss has his own unique information channels and unpredictable investment vision, just like the previous several irrelevant investments...
Thinking of this, Lu Sifang no longer thought about it, "Let's go, it's still early, let's go directly to the next company to understand the situation."
"The sooner we finish this, the sooner we can finish the work. Maybe we can even have time to visit the Forbidden City or something like that. As for the Great Wall, forget it. It's too far."
"Okay, I'll listen to you, Boss. Although Beijing is a good place, the north is too dry. I had a nosebleed when I woke up this morning. It's more comfortable to stay in Guangzhou."
"You are just angry, what ? I think you just want to relieve your anger."
The men were laughing and joking with each other. Lu Sifang smiled slightly and said, "I can't help you relieve your anger, but if we finish everything today, I can invite you to experience the charm of Beijing roast duck in the evening."
"Long live the boss! For the Beijing roast duck!"
"Let's go and see what's so great about Mobike's technology..."
Lu Sifang and his men took a taxi to Mobike Technology Company without stopping.
As for the words of coercion and bribery against Dai Wei, Lu Sifang had long forgotten about them. After all, the mouth of capital is deceptive.
