Reborn Entrepreneurial Giant
Chapter 219 Acquisition of Kuxun
Within a few days, Zuckerberg agreed to all of Qu Li's requests, and he needed to go to the United States to discuss and sign in detail.
The stakes in Spansion are Vision and Xiangjiang Investment. The initial plan is: Vision Fund initially acquires 35% of the shares of Spansion Semiconductor for 25 million US dollars, enters the board of directors of the company, obtains the actual control of the company, and then Xiangjiang Investment acts as a concerted person. Preferred stock and convertible bonds.
People often burst out with huge energy when they are in desperate situations, and the efficiency of vistas and ziplines is a bit scary. Although Qu Li didn't want to come forward to sign, he had to have necessary communication with Feisuo CEO Jesse. In addition, Feisuo Semiconductor agreed, but the rice cake may not agree.
These things were arranged in January 2009. Before going to the United States, Qu Li had someone arrange for him a live video broadcast on Jumei and Glory, referred to as the New Year's Eve speech. Huang Zheng, a talented boy from Jumei, helped him perfect the speech.
Just before the end of 2008, Kuxun, who persisted until the end of the year, finally agreed to the acquisition conditions of Jumei and sold Jumei at a price of 15 million US dollars. The founder Chen Hua and Zhang Yiming joined Jumei at the same time.
"Welcome to join the Jumei team!" Qu Li made arrangements for the Kuxun team in Beijin. In fact, various departments came here to pick people. For example, Wang Jian and Zhang Wensong contacted them early on. Juyun Technology needs a lot of excellent talents. It doesn't mean that Lin Bing's middle stage doesn't need it.
China Taiwan and cloud computing are truly displayed in front of these people. Zhang Yiming did not expect that there are such companies in China. Jumei is too different and too advanced like Quli.
In fact, Qu Li, the designer of Zhongtai, is mainly responsible for the big framework and ideas. Lin Bing, Zhang Wensong and others, together with professors invited from Guangdong Province and Xiangjiang to do consultation, after one or two years of practice, until the real landing. For this reason, those who join the middle and Taiwan departments have strict competition restrictions.
"Our cloud computing development is very difficult. We have started a small-scale test internally, and we will launch a public test after the Spring Festival next year..." Wang Jian rarely kept a low profile after joining Jumei. Even many people in the Yangcheng headquarters did not know about Beijin. What exactly is Juyun Technology doing.
Kuxun's team of more than 200 people now has only about 150 people, most of whom are programmers, and the original shareholders have laid off a large number of salesmen and management. After 100 people were poached by various departments of Jumei, there were still 50 people left to maintain the operation of the company. Zhang Haiju, the CEO arranged by investors, was hesitant to resign.
"Kuxun is not in my plan in the short term, so achieving breakeven is the top priority, but within three to five years, Jumei will definitely increase its investment in Kuxun..." Qu Li and Zhang Haiju exchanged their thoughts.
Kuxun will focus on hotel accommodation and air ticket travel, and the categories such as house search and cars, which are doing well now, are all within the scope of being shut down.
"We focus on living and transportation. For example, accommodation can be hotels, holiday houses, private houses, and homestays; travel can be train tickets, bus tickets, car rentals, taxis..."
"Hotels and vacation homes are easy to understand, but what about private houses and homestays?" Zhang Haiju communicated with Qu Li, and Chen Hua and Zhang Yiming were worried that the company would stay and listen.
"Can the hotel meet all the accommodation needs? Some scenic spots, remote suburbs, and economically underdeveloped areas have no conditions or are temporarily unsuitable for hotel survival. Then, can local residents vacate their houses and rent them to consumers with short-term needs? .”
"It's a subdivided market, with more middle-aged women and less housing..."
"We can't make such a simple analysis. Let's first see if there is any demand, such as self-driving tours, travel friends, outdoor adventure lovers...
It’s a pity that we are in China. The vast land and sparse population in the United States should be very suitable. You said that if you can make a little money, would any of those programmers who left Internet companies and realized financial freedom to enjoy life be willing to rent or build a building near Cangshan and Erhai? The building has ethnic characteristics, and several houses are rented out, and no other services are provided..."
"This is good!" Zhang Yiming
"And with the proliferation of smartphones, it's easy to take a few photos..."
"Doing this is equivalent to expanding our housing information, and we can indeed try it. As for travel, how to rent a car and take a taxi?"
"It's easy to rent a car. It's difficult to take a taxi now. It can't be done now. To popularize it, you still have to rely on smart phones and use location-based services LBS. Let's imagine that consumers and taxi drivers have installed our application and took out their smart phones. Click to send a taxi request, and our acquired identification will be distributed to nearby drivers according to a certain logic. This can effectively reduce the time for consumers to wait and for drivers to drive empty.”
No matter how dark Didi is, the taxi-hailing service is really a pioneering work, breaking the local monopoly, effectively improving the efficiency of taxi-hailing, not only boosting demand, increasing employment, and alleviating the pressure on public transportation in first-tier cities.
"What you said is too difficult to realize now. Not only money is needed, but also..." Zhang Haiju didn't agree directly, considering gains and losses.
"That's why I said that it takes three to five years to prepare. If Jumei goes bankrupt, everything will be closed. If it can grow up and have spare capacity, it will naturally expand its business scope."
"Then how much support can Kuxun get in the past three to five years?"
"Looking at your ability, if you wait to die, it is not impossible to shut down. However, the increase in user demand income allows us to see your ability. Without affecting Jumei, you can invest up to 100 million software a year. Sister coins."
"With so much money, can I stay in Kuxun?" Chen Hua joked
"It's not easy to get it. Users and income scale must increase by at least 100%. It's better to lie flat. Maybe you can keep your income in drought and flood." Wanting money is not so easy. Qu Li is just bragging now, and Kuxun now only provides Searching for price comparison services, but what he wants are Xicheng Travel, Fliggy Travel, Meituan Hotels, B\u0026B Apartments.
As for the beating of people by Didi, let’s forget it. Before there was an information security problem, Didi was like a takeaway. It served hundreds of millions of people and gave hundreds of people a decent chance to survive, but it was still criticized by everyone. To Qu Li, there is really no need for the evil. If he was reborn a few years later, he would definitely choose group buying takeaways, as the barriers to entry are low and the chances are great.
"Then what is Kuxun going to do now?"
"Strengthen the advantages of search services and traffic, learn from Taobao to establish a similar e-commerce platform, and then increase the proportion of self-operated and agency..." Still returning to the Fliggy model, with the credit and financial support provided by Jumei, it can be developed at low cost
Zhang Haiju finally chose to stay, took Kuxun, which had been reduced in size to one-third, and slowly recruited people, becoming the first subsidiary to use Juyun Technology's cloud services.
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