Rebirth of the Entrepreneurship Era

v2 Chapter 148: Talk on paper

Xu Yiyang has the intention to form a team in the Internet industry in the near future.

After all, the Internet at this stage is the golden age of development. Many products have not yet been born, and there is a lot of room for development.

But the biggest problem is that there is no technical team, after all, everything in the Internet industry needs technical support.

Although Liu Mingchao's team is small and looks simple, but the members are graduates from prestigious universities, the technical strength should be unquestionable.

If this cooperation, they can make the management software they need, then consider digging his entire team.

What's more, he also knew Zhang Xiaolong, a dana, and through him, he might be able to open a way to take root in the Internet.

Although he wanted to meet Zhang Xiaolong earlier, he did not mention Liu Mingchao to introduce Zhang Xiaolong this time.

I also mainly because it is not meaningful to know Zhang Xiaolong now.

Zhang Xiaolong is not a sling for hard work now. He has created an excellent product. Many people are chasing after wanting to buy his Foxmail. The offer is at least millions.

In this era, technicians who can make millions with a product are absolutely rare.

So, even if Xu Yiyang knew Zhang Xiaolong now, he couldn't win him.

Uh ...

When Liu Mingchao and his team started to develop management software for Xu Yiyang, Goldman Sachs Capital executive Lin Xiaru was preparing to leave for New York from Yanjing.

This time, she is going to Yanjing to follow up several Goldman Sachs investment projects, and to meet with the person in charge of the Yanjing area to discuss increasing the investment scale of the Zhongguancun Internet entrepreneurship team.

Cai Chongxin knew that she was coming to Huaxia in early September, so she had been waiting for her to come to Huaxia, and asked her to meet with Boss Ma and talk about investing in Ali.

So, as soon as September was approaching, Cai Chongxin called her again.

Xia Lin Xia Ru is also very interested in Ali's project, coupled with Cai Chongxin's original Wall Street colleague endorsement, she already has a certain intention to invest in Ali.

Goldman Sachs is now very interested in the entire China Internet industry.

Goldman Sachs has experienced the rise of Silicon Valley firsthand and experienced the wealth created by the Internet in the United States in the past few years, so the entire Goldman Sachs and even the entire Wall Street are looking forward to it. The miracle that occurred in Silicon Valley in the past few years can be perfectly reproduced in China.

Therefore, they are paying special attention to Huaxia Internet startups and startup projects.

Lin Xiaru has already seen the business plan sent by Cai Chongxin. Although Ali's B2B model is not the first, Ma's entry point is still very interesting to Lin Xiaru.

此时 At this time, she is also looking forward to meeting with Boss Ma and seeing what charm the man who was praised by Cai Chongxin has.

When Lin Xiaru had packed her luggage at home and was planning to go to Huaxia early the next morning, one of her left and right hands suddenly called and said, "General Lin, we evaluated an S-class business plan from the mailbox. Huaxia Yanjing, the direction is B2B, the plan has been forwarded to your mailbox, if you have time, check it as soon as possible. "

"S level?" Lin Xiaru asked in surprise: "Is there such a high level?"

The other side said categorically: "The investment committee has already approved this plan, and they have given an S-level evaluation."

Lin Xiaru immediately took it seriously.

S-level projects can be encountered but not sought!

高 For Goldman Sachs, they receive a lot of business plans from all over the world every day. Behind each business plan, they represent a project, so they have strict review rules for the pros and cons of the project.

First of all, those who receive a business plan need to rely on their professional level to rate this business plan. The highest level is S, followed by A, B, C, and E. This is also the international content rating. Convention.

Generally speaking, Goldman Sachs only invests in B-, A- and S-level projects.

Projects that reach these three levels will be submitted to the Investment Review Committee by the person who originally received the business plan, and re-evaluated by the Investment Review Committee. If they are still in these three levels, the investment manager will contact the other party directly, Conduct investment negotiations.

If it is a B grade, then in principle, do not lead the investment, or do not hold it for a long time. In general, cast a round, watch a round, and exit in the third round;

If it is A-level, in principle, lead the investment as much as possible, whether the long-term holding depends on the company's subsequent development;

If it is S-level, then it is necessary to obtain a lead investment, and at least three rounds of financing in hand. If it is the first round, then in the second, third and fourth rounds, you will never consider exiting.

The ones that can really be rated as S-Class are the top projects.

After a few internal disputes, the project of Boss's boss was judged as B-level.

I judged A or B at that time, and internal differences also arose.

Some people think that this project Huaxia is just starting now, and there is a lot of room for development. With this advantage bonus, A level is no problem;

However, some people think that the project founder has not enough experience, is not from the Internet industry, and his practical ability is still to be tested, so he should first rank B.

Later facts proved that Goldman Sachs did indeed consider this project as a B-level project. Around 2003, they sold all the shares of Alli at a price of seven times the investment, and lost 100 billion US dollars.

Recently, Goldman Sachs has not encountered S-level projects in China.

So she hurried back to the room, turned on the computer, and downloaded the business plan from her mailbox.

The moment she opened the business plan, Lin Xiaru was stunned by the template style of the plan.

She has made investment for so many years and has seen numerous business plans made by PPT, but from the perspective of visual effects, no one can match this one.

This isn't Xu Yiyang's arrogance, but his aesthetic leadership is now at least twenty years. This is like a web interface two decades later. Putting it together with the current web interface is not just an epoch.

I just saw this, Lin Xiaru felt that the person who made this plan was very good, quite good!

Soon after, she hurriedly began to read the contents of the plan, and became more and more shocked!

She has read the boss's plan. Although there are countless references to the future and the world, these ambitious concepts, but because only the concepts are not planned, the overall feeling is quite satisfactory.

Moreover, Ma's understanding of B2B did not give people a bright impression.

This is because at this stage, Ma's understanding of the Internet is indeed not deep enough.

He is not an invincible person, and he made many aggressive decisions in the early stages of entrepreneurship, and almost ruined the company's future several times.

The most serious one was that after he received the $ 5 million led by Goldman Sachs, he immediately began to hold high and promote globalization. Not only did he set up a US office, but also the employees of the US office were good. Dozens of people, the company's cost is huge, and the capital chain is almost broken.

Subsequently, Mr. Ma followed Goldman Sachs, rented a large office space in the best office building in Hong Kong, set up a branch in Hong Kong, and threw hundreds of thousands of dollars in Hong Kong alone.

The boss, who threw money at both ends, did not realize that the Internet industry was on the verge of collapse.

Almost saving money, when the Internet bubble burst in 2000, Ali almost collapsed with it.

At that time, it was Sun Zhengyi of Softbank of Japan who had unique eyes and voted for Ali's second time, so that Ali had passed the cold winter.

Therefore, at this stage, Ma's boss may be very seditious to those who do not understand the Internet. However, Lin Xiaru, who has dealt with the Internet for many years, is significantly less seditious.

Because of this, Lin Xiaru didn't take very seriously the boss of Ma, but such a project is in line with Goldman Sachs' strategy at the present stage, and she can invest. In addition, there is Cai Chongxin's matchmaking, so she is interested to vote.

And after she watched Xu Yiyang's PPT, she immediately felt that the gap between the two plans was quite different.

觉得 She feels that this self-proclaimed JeremyXu has a bigger and clearer grasp of the B2B, e-commerce, and Huaxia Internet patterns.

Whatever I see, it's more admirable and convincing than the boss's business plan.

Moreover, JeremyXu's team is too strong. All Chinese talents who graduated from Stanford University have a passion for returning to China to start their own businesses. They are absolutely academic, regular, and even ace army.

Second, JeremyXu has too much control over domestic competitors! Intelligence work super horse boss a lot!

Boss Ma has not raised funds yet, JeremyXu has paid attention to him, and even bought his company's domain name in advance, just to prevent him from becoming bigger. This gives Lin Xiaru the feeling that it is like a rabbit behind, UU reading www.uukanshu.com There is always a tiger watching in the dark!

The fact that Lu Guang just bought the domain name is enough to prove how powerful JeremyXu's intention is.

It also made her immediately feel that Boss Ma's pattern was really not enough.

I have been talking about globalization, why not buy the domain name of the company name in advance? Did you buy this JeremyXu?

This really confirmed JeremyXu's judgment on him: no money! Everything is waiting for capital transfusion to start.

Finally, she could not help but lament in her heart that Ma's team's sense of confidentiality was too poor!

It's really too bad!

Otherwise, how could this JeremyXu know his affairs so clearly?

什么 When did he start the company, how much money did he give out together, how many people in the team, who are the well-known people, and what are the advantages of each person, the other party is all clear.

For example, he knows which school Boss graduated from, he has been to the United States, he knows that he lacks Internet background, lacks technical foundation, and knows that he has good eloquence, but he is suspected of talking on paper;

At the same time, he also knows that Cai Chongxin is from Wall Street. His resume and qualifications are very good, but he is not rational enough.

Otherwise, they would not give up the work on Wall Street for such a start-up company. This kind of people say it is awkward.

Seeing this, Lin Xiaru has already sentenced Ali's death sentence in his heart.

With such a powerful competitor behind, he not only doesn't know it, but also daydreams of globalization every day, isn't it just talking on paper?