My Age of Investment

  Chapter 479 Sit back and wait for the rabbit (seeking monthly ticket)

  The next day.

  It's just getting bright.

  Xia Jingxing came downstairs to the hotel to bid farewell to Andrew and the old lady.

  He lent the driver Zhang Chenguang and the Bentley, which was just a few days old, to Andrew.

  The fat half-blood is going to accompany the old lady to his hometown in Zhejiang Province today, visit relatives and friends, and bring the old lady to find homesickness.

  The old lady’s family was considered to be a big family in the Republic of China, with a thriving population.

  Before liberation, the old lady followed her parents to the United States, and she still had a few rooms in her family to Wanwan. She still had contact in her early years, but with the passing of her older generations, she gradually lost contact.

  On the mainland, there are only some distant relatives left, and they are almost out of the fifth server.

  However, the grandfather and grandmother of the old lady are still buried in her hometown. The old lady plans to go back and repair her ancestral grave. By the way, she can see if she can do something for her hometown.

  When people returned to their hometown, Xia Jingxing didn't go to join in the fun, but before leaving, he specifically told Andrew a few words.

  "I have entrusted the leaders of Zhejiang Province. When you arrive at the old lady's hometown, there will be reporters who will follow up and report all the way. You should behave better, recognize your ancestors and give generously to your hometown..."

  "Donating money belongs to donating money, but don’t be a triumphant man. First look at the rural primary school, what the rural roads are like, and how to donate and where to donate.

  When donating money, you must hang a little bit. You must emphasize that the first school and the first road are well repaired, and you will need to make additional donations after you come to check and accept it. "

  "If your relatives ask you for money, work, or immigration, you can count on your own."

   "Maybe there are local leaders looking for you to invest, please open a factory to solve the problem of nearby employment of villagers."

  ……

  Andrew understands Chinese culture, but he is not so proficient in Chinese people. After hearing Xia Jingxing say so much, he suddenly didn’t want to go.

   Reminiscent of the expectant eyes of his mother, and the excitement of the old lady getting up early this morning, Andrew was heartbroken, even if he was in Longtan Tiger’s Lair, he had to make a break.

   "That is the most extreme situation I said, and it may not be possible to run into it."

   Seeing his words scared Andrew, Xia Jingxing began to comfort him again.

   "Okay, Darren, thank you, I know! I will pay attention."

  Hearing his mother was urging, Andrew patted Xia Jingxing on the shoulder and quickly got into the car.

   Seeing the black car disappeared, Xia Jingxing went upstairs.

  After breakfast, sitting in the hotel office, Xia Jingxing browsed today’s news on the computer.

   "Jingxing, there is a Mr. Zhang who wants to visit you. He said Mr. Chen Hong introduced him."

  Rao Lei knocked on the door next door and walked over, holding a mobile phone in his hand.

  He clutched his phone and whispered, “People are downstairs right now, the phone is calling me, see you or not?”

  "Since it was introduced by Brother Chen Hong, see you there!"

  Xia Jingxing didn’t think too much, guessing that Chen Hong had another business for Envision Capital, because the other party recently introduced no less than ten entrepreneurs to talk about investment.

  "Okay, Mr. Zhang, please wait a moment, I will come downstairs to pick you up right away."

After talking, Rao Lei hung up.

   "How is it? Is this work a little tired?"

  Xia Jingxing said with a smile, “I’ve been wronged for a few days. I’m really too busy. I need someone to help me share the burden. When I find an assistant, you can go to the front line to find the project.”

   "It's okay, I think it's pretty good!"

  Rao Lei smiled and spread his hands, as if he didn't care.

  In the past few days, he is working as an assistant for Xia Jingxing.

  At first, he still felt a little embarrassed. As a senior, he answered the phone for him.

  But with Xia Jingxing, receiving entrepreneurs who come and go every day, seeing Xia Jingxing comment on various business models very deeply, and often hit the nail on the head, his mentality quickly changed. Regardless of age, the talent is the first.

  People are better than you, you have to admit, you have to be convinced.

  Moreover, he himself has made big ambitions, to start from scratch in the investment industry and be an assistant without shame.

  Many times, Xia Jingxing talked there, and he listened and studied.

  As long as the mentality is right, it won’t feel awkward.

  Rao Lei went downstairs and soon brought back a man in his thirties who was wearing T-shirt, jeans and a backpack.

  "Mr. Xia, hello, this is Zhang Tao, I'm disturbing."

  The man walked forward with a smile, and saw Xia Jingxing stretch out his hand, he leaned slightly, handed out his hands and shook Xia Jingxing's hand.

  After shaking his hand, the man immediately took out a business card and handed it to Xia Jingxing.

  Xia Jingxing took a look at the business card, the CEO of Dianping.com...

  He instantly remembered who this was, because the other person had a public face with the same name as the company, and he almost didn't remember who it was.

  As the last man who competed with Kangaroo King and the only survivor of the Thousand Regiment Battle, Zhang Tao is well-known for his Internet entrepreneurship in China.

  But because it was acquired by Meituan and out, the spotlight was given to Kangaroo King more than this one, so the exposure opportunity was much less, and the appearance was not that impressive.

  Xia Jingxing put away his business card, pointed to the sofa next to him, and greeted: "Please sit down!"

   "Hey, good!"

  Seeing Xia Jingxing, Zhang Tao was a little excited. This is a real capital crocodile. The dragon sees the head but not the tail, and most people can't see it.

  Across a coffee table, Zhang Tao sat on the sofa opposite Xia Jingxing, next to him was Rao Lei.

   "Mr. Zhang, what would you like to drink?"

  Xia Jingxing looked at Zhang Tao with a smile.

   "Mr. Xia, you can just call me Zhang Tao, or Xiao Zhang. I can drink anything."

  Zhang Tao hits his upper body straight, with his hands on his thighs, looking a little restrained.

   "Okay, then don't call me Mr. Xia, you can call me Jingxing or Darren."

   After all, Xia Jingxing greeted the waiter who was on standby and made a cup of tea for each of the three of them.

After waiting for the waiter to leave the room, Xia Jingxing was about to speak, but suddenly the phone rang and gave Zhang Tao an apologetic gesture, got up and walked aside to answer the phone.

  "Jingxing, I introduced an entrepreneur named Zhang Tao, a top student who graduated from the Wharton School of Business with an MBA. He returned to the country the year before, and then set up a website in Magic City that can evaluate restaurants on the Internet...

  I have seen the US companies invested by Vision Capital that you asked Rao Lei to sort out. This Dianping is highly benchmarked with Yelp. I guess you will like it. "

  Xia Jingxing glanced at Zhang Tao who was chatting with Rao Lei, smiled and replied: "Okay, he is already here, he just arrived."

   "Oh, then you guys talk first."

   "Okay, I'll call you later."

  Simply finished, Xia Jingxing put away the phone and walked over.

   "Sorry, I just picked up a call. Hanergy Manager Chen called here."

  Zhang Tao also didn't expect Xia Jingxing to be so polite, and he suddenly felt good, and said with a smile: "It doesn't matter, I also want to thank President Chen for the recommendation."

  Xia Jingxing heard this name and asked with a smile: "Are you also a member of Huayuan?"

  Zhang Tao nodded and took the opportunity to introduce himself: "I was working in the ERP department of an American IT consulting company and had the honor to participate in several Huayuan annual meetings..."

  Xia Jingxing nodded, “You have been studying and working in the United States for ten years, why did you suddenly think of returning to China?”

   Zhang Tao saw that Xia Jingxing was so kind, and gradually opened up the chatterbox.

  "Isn’t it popular to return to China to start a business? The deeds of Robin Lee and Charles Zhang deeply inspired us students studying in the United States. Not only me, but many of my friends in the United States at that time returned to China to start businesses..."

  Xia Jingxing nodded. This is a fact. Wealth makes people jealous. Charles Zhang and Robin Lee have taken the lead in attracting sea turtles back to China to start businesses.

  Although most of the people who returned to China were broken into pieces, it also directly promoted the development of the domestic Internet and accelerated the evolution of the industry.

After getting familiar with it, Xia Jingxing smiled and asked, "Can you introduce Dianping.com to me?"

  Zhang Tao nodded and began to introduce his entrepreneurial story.

   "I am a person who pays more attention to life style and sentiment, but I actually like food.

  After returning to China in 2003, I found that even in the magic city, there are always so many restaurants.

  I thought of the index guide about restaurants that I had seen in the United States, so I started to try to move restaurant information to the Internet through user reviews.

  I didn’t know programming at first. I taught myself for a month, and then I made the first version of Dianping.

  Since there was not much public information about restaurants at the time, I soaked in the library every day, looking for Shanghai restaurants that had been published by the media, and collected them and recorded them on Dianping.com.

  As soon as the website was launched, there were already information on more than 1,600 restaurants.

After the increase in users and reviews in the Magic City area, I tried to summarize the restaurant reviews accumulated on the website and published a book called "Restaurant Guide".

  The response was pretty good. The price was 19.8 yuan per copy, and 100,000 copies were sold that year, with a net profit of 500,000 yuan.

  In addition, we also use "Restaurant Guide" as a market development tool.

  When entering a new market, there are few users, few reviews, and the content does not meet the requirements of the book.

  So, we set up a local website in the new market, and then promised local users: as long as you write 5 reviews, you will get a free local "Restaurant Guide" in 3 months.

  The printing cost of a book is only 2-3 yuan, but the Chinese have a special affection for books.

  Basically, in less than three months, we will be able to open up the situation in the local market and initially accumulate relatively rich and complete restaurant review information.

  This also gives us the confidence to get out of the magic city and replicate the original model in Beijing, Lin'an, Jinling, Pengcheng and other cities.

  To this day, Dianping has entered more than 50 large and medium-sized cities across the country. "

  Xia Jingxing nodded, "You are the pioneers of a restaurant guide, and Yelp is recruiting "elite troops" and "community managers" for parties.

  The two have similarities in the same way, and both are low-cost expansion methods.

  It is not easy to find this point. But once you find it right, you can quickly expand. "

   Zhang Tao answered: "I know Yerp, they were established a year later than us, and they just received investment from Vision America some time ago."

   "It seems that you know us well."

  Zhang Tao smiled, "So I found Vision Capital today, I found Mr. Xia, hoping to get your investment."

  Xia Jingxing smiled, showing a neat row of white teeth, "Tell me about the valuation!"

  (End of this chapter)