Reborn Entrepreneurial Giant

On November 5, Google finally announced the establishment of the Open Handset Alliance, with 36 companies including China Mobile, Qualcomm, and Samsung joining in and launching the Android SDK software development kit.

First, the Honor G1 mobile phone was born, and then Google Android gradually attracted the attention of the public. At this moment, it finally got a catharsis. Many things that were not understood before have now surfaced.

Since this day, the number of preorders for the Honor G1 mobile phone has soared. With the support of Google and the support of 36 software and hardware operators around the world, consumers' confidence in Android phones has become stronger than ever.

Glory has not yet sold a mobile phone in China, and its influence in China has jumped. If there are no major negative events, it is almost destined to become comparable to Motorola, Samsung, and HTC in the shortest possible time. high-end mobile phone brands.

"It turns out that the Honor phone is a Google Android phone..."

There is almost no dispute that Google is the most attractive Internet technology company in the world at this time, not only because of their excellent search engine, but also because of their open and inclusive corporate culture, which has almost no black spots in China.

Of course, more than ten years later, Google has changed its original intention. It doesn’t know what purpose it provides high-definition maps of Eros. Musk’s Starlink directly serves the war.

After China Mobile joined the Google Open Mobile Phone Alliance, it took the initiative to contact Honor. Qu Li was really not available, so Zhou Shaoning had to be in charge of the contact. In the years when the operator's mobile phone subsidies still existed, no mobile phone company dared to offend the operator, just like most migrant workers Don't dare to offend the boss, you have to eat their food.

What is Qu Li doing now? Of course, it is to promote the listing of Jumei.

In the third quarter, the total domestic sales of Jumei experienced explosive growth, exceeding 200 million soft sister coins, and the sales in October even exceeded 150 million. The addition of third-party brands and the free shipping promotions in summer and National Day have made great achievements. success.

Let's put it this way, Jumei's financial report is calculated from November to the end of October of the following year, which is a complete fiscal year. Including the revenue from virtual products such as phone calls and game recharges, Jumei's domestic revenue in fiscal year 2007 exceeded 450 million. Sister currency, shopee has been established in the United States for four months, and has three months of sales, with a cumulative sales of more than 40 million US dollars.

After accounting adjustments, the financial report shows that the revenue of Jumei Group in the 2006 fiscal year was 20 million, and in the 2007 fiscal year it was 750 million or almost 100 million US dollars. Revenue has increased by 37.5 times in one year, who dares to say that this is not a business miracle.

The current financial report has not been audited by an accounting firm, but it is not a big problem. At most, it has been making money in the past. The Jumei e-commerce platform has basically no profit this year due to promotions, but Riyue Fenghua, as an asset-light brand operation company, has been making money. It is profitable. So a strange thing happened, Jumei actually achieved overall profitability for two consecutive years.

The biggest source of profit is of course Sunyue Fenghua. In 2007, there was not much competition in clothing e-commerce. The gross profit of Xiangyun and Danlin has been maintained at 100% for a long time. Even if the coconut shoes are sold to shopee for $60, Xiangyun still has 200% above net profit. At this time, there is much to brag about: the pioneer of the Internet industry, the new trend of brand e-commerce operation...

Lehman, HSBC, and Goldman Sachs gathered in Yangcheng to make suggestions for Jumei. It is now November, and the roadshow will start in December, and it will be listed in January next year.

Jumei has been established for two years, and its finances are very clean, so it adjusts the sharing ratio of Sun Moon Fenghua, Jumei, and Shopee to pay as little tax as possible. The only thing left to do is to brag in the media. Whether it is Jumei in China or Shopee in the United States, they are all in a period of rapid development, and Qu Li doesn't have that much time to spare.

Here the role of high-end talents is revealed. Lin Bin and Xu Lei are highly motivated, and many things can be handled well without Qu Li. Because of the emergence of shopee, Jumei was listed on NASDAQ. Wall Street investment will have more room for imagination. In addition, Qu Li did not ask for super voting rights. No one would agree to a company that has been established for less than two years. of.

The previous total share capital of Jumei Company was 150 million shares, and the stock price of the last round of financing was 2.6 US dollars. This time, 25 million new shares will be issued in this listing, and the transfer of old venture capital shares will not exceed 5 million shares. There are still 10 million shares that need to meet certain requirements. conditional equity incentives.

Lehman arranged an issue price of US$16-18 for Jumei, raised about US$400 million, and had a market value of more than US$2.8 billion. Their confidence was greater than that of the founder Qu Li. It was really difficult for them.

Ahri’s B2B business was listed in Xiangjiang, raising US$1.5 billion, with a market value of US$8.8 billion. However, on the day of listing, the issue price soared from 13.5 Hong Kong dollars to 39.5. Alibaba's market value exceeded 25 billion US dollars. Chen Danlin made a small profit from the 1 million shares purchased at a cost of 3 million.

The outside world is very surprised by the listing of Jumei. After all, the establishment time is too short, and although it is in the limelight, why can't it wait? Is Qu Li going to tell them that the subprime mortgage crisis is coming, everyone's life is hard, he has to reserve food in advance, and develop cloud computing...

It's not that Qu Li doesn't want to inject capital into Jumei. The problem is that even if Jumei goes public, his shareholding ratio will not be lower than 40%. This is already a lot, and he is very satisfied.

Well, no one believes this. Who would think that he has a lot of money? Qu Li admitted that he was short-sighted. He thought that he could make a lot of money by trading stocks and buying options. He did, but compared to the development of Jumei and Glory, As well as future potential, his investment in financial markets seems to have become less fragrant.

No one can always be right, even if it is a reborn person, Qu Li doesn't know that Jumei will be so successful, isn't it just a Taobao store, look how many listed companies will rise from Taobao ten years later! Qu Li didn't even know that the shopee group-buying model plus Facebook would have such explosive power. What he knew was that investing in Facebook would not lose money.

Qu Li, who does not want to be a financial tycoon, has never regarded himself as a pure entrepreneur. He has a strong financial thinking, talks about long-termism in his mouth, and wants to make quick money in his heart. Seeing the issue price set by Lehman, Qu Li felt bitter. He really regretted it. How about investing in Glory now? Oh, I think too much!

Qu Li, who was under a lot of pressure these days, often couldn't sleep these days. He tossed Chen Danlin several times in one night, and he was still very annoyed.

"I don't want to work with Chen Danlin anymore." Chen Danni found a chance to complain

"Why?"

"There are her people everywhere here, and if someone approaches you, someone will make a small report."

"..." Could it be that there are many beauties recruited by the school this year? Qu Li's imagination was running wild.

"Are you talking?"

"What do you want to do?"

"Will she stay at Jumei E-commerce or Sun Moon Fenghua?"

"She is the vice president and can manage both sides."

"Is she going to force me to leave Jumei?" Chen Danni couldn't bear it

"You should go to Sun Moon Fenghua to be in charge of brand operation and management." Qu Li thought for a while, and felt that a retreat job should be more suitable for her

"She won't go there often, I'll live in another place."

"Dan Lin agrees?"

"The office space here is so small that the two companies will definitely work separately."

"You're smart, but you'll have to wait until Jumei goes public."

"I miss you." Chen Danni said pointedly

"I miss you too."

The two left the company and drove into the same hotel.