Even if his father handed over the entire Sihai International Cultural Tourism City project to him, Su Yehao would not be so worried.
Real estate development is just a matter of talk and he has experience.
But the financial field is different. There are many different fields, and professional matters still have to be left to professional talents. The general direction that Su Yehao knows is of little use in the specific details of position holding operations.
This is different from investing in Yahoo.
As for Yahoo, Su Yehao knows that it will climb upward in a twists and turns. As long as there are no mistakes in management, it will always rise to new heights.
Leverage can be added to short-selling. It is very likely that a short-term fluctuation will cause heavy losses. Success or failure will be determined in just a few hours. The risks are higher and the fluctuations are greater.
Correspondingly, short-term gains may also be astonishing.
This is much more exciting than buying stocks or something...
the next day.
Su Yehao went to Vice President Zheng Yongwen's company and accompanied the staff to handle the transfer and remittance.
Prior to this, Su Yehao specially used his connections to inquire about information privately.
Judging from the feedback received, my aunt's ex-boyfriend has a good reputation in the industry and seems to have average popularity, but when others mention him, they say he is capable.
There are rumors that he hopes to become the chief consultant, but the news has not been finalized yet.
It was not easy for Su Yehao to make the decision when he handed over a full 50 million Hong Kong dollars to someone else. But as 50 million was lost from his account, he felt relieved.
At worst, if you delay for a while, you will make less money from Yahoo.
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After Su Yehao left Zheng Yongwen's company, he rushed directly to KOKO Venture Capital to talk to Nong Qingying about business matters.
Nong Qingying, a related person, came to Su Yehao's venture capital company and directly became the vice president, and began to lead people to negotiate with Yinhai, which sells document tools in the mainland.
They contacted Su Yehao twice. When she saw Su Yehao, she smiled and told him:
"We were almost done talking about it before. I feel like I have no presence recently. Three million and seven million US dollars in exchange for 45% of the equity of Yinhai Company. This is the bottom line. Are you sure you really want to invest? Shouldn't you keep me busy for a long time? Finally
Shake your head and say forget it?"
"As long as the conditions are right, of course I am willing to invest. Have they promised to significantly reduce the price of WPS documents?" Su Yehao asked.
Nong Qingying nodded and replied: "Well, after getting the financing, the product price will be reduced to less than thirty yuan within a month. They did not make this decision easily, mainly because they were worried about what their previous customers would do.
I asked for a refund and was worried that it would affect the company’s reputation.”
It is inevitable that previous buyers will feel uncomfortable if the price of a product is significantly reduced.
Su Yehao waved his hands indifferently and said:
"Anyway, there aren't many customers in total. Just scold me. I won't be blamed. If I can't get financing, Yinhai Company will go bankrupt. Why do I care about this? I can't even sell the program for thirty yuan."
By seizing the market, Microsoft has become a rogue, but users are using it voluntarily, so there is no way to accuse them of destroying the market."
"Now WPS sells for 169 yuan, and it suddenly dropped to less than 30 yuan. This should stimulate sales, but are you sure you can make money? I always feel that this company...has no future."
KOKO Venture Capital has little business nowadays. After Nong Qingying came over, he spent half an hour looking at the information and was basically familiar with it.
She has been busy negotiating with Yinhai these days, and she already knows something about that company.
Judging from the current deficit, market share, etc., the situation is indeed not optimistic. Hong Kong City currently uses Microsoft Word. Compared with Word, WPS has fewer functions.
Su Yehao knows that traffic equals wealth, and he also knows that this company will have the opportunity to make money in the future.
But if you want to ask how to operate it specifically, you have to take it step by step.
The initial goal is to use WPS, bind TAT chat room, or advertise on the official website of the document to attract traffic.
As for how much profit the WPS document can bring after the price reduction, Su Yehao is not too concerned. The small profits earned at present are not enough to develop subsequent versions of the document, expand the market, research and development, etc., each of which is very expensive.
Su Yehao told Nong Qingying: "The top priority is to stop Microsoft and prevent the huge market in the north from being monopolized by Microsoft. In terms of profitability, enterprises, schools, official orders, etc. should still be able to make money. By then, the product will be divided into trial version and
For the official version, you can add more features by spending money, and I believe there are still users who will be willing to spend money.”
"How long will it take to earn back the investment just by relying on this?"
“...I don’t know, but it can also help my other products and allow users to develop dependence. It’s similar to going shopping at Watsons. Buying all the products at once avoids having to go to several stores. Over time, everyone will go to Watsons.
This company is becoming more and more popular.”
Su Yehao relied on the scattered experience in his previous life, summarized it and explained it to Nong Qingying.
The girl probably understood it, but she had no idea of its value.
In fact, although he followed Su Yehao's example in investing in Yahoo, Nong Qingying didn't even understand why Yahoo was worth more than two billion U.S. dollars. From the analysis of financial reports alone, the income obviously cannot support such a market value.
She still looks at Internet companies like Yahoo the same way she looks at traditional companies.
The same is true for most people.
It has only been a few years since computers moved from office to social entertainment, and Yahoo was only founded in 1995. It is normal for concepts to change for a while. This is Su Yehao's opportunity.
In this regard, he stands higher than everyone else, sees farther, and avoids many detours and forks.
After a short conversation.
Talking about the investment of 50 million Hong Kong dollars, Nong Qingying said in surprise: "Professor Zheng Yongwen? I also attended his class when I was in school, and he has actually changed from an honorary professor to an honorary vice president?"
"I don't know, I just know that he looks amazing. I called my grandpa to ask, and the old man told me that he was a little sorry that he couldn't continue with my aunt."
As soon as Su Yehao finished speaking, he added: "My grandpa has a high vision, which is already a very high evaluation. My dad has become like this, but he is still looked down upon by the old man. He thinks he just stepped on shit and got lucky."
"Just because of this, you asked him to help you take care of 50 million?" Nong Qingying began to pack her things, preparing to take her man with her to the mall to buy clothes.
"Of course not. It's mainly because his views on recent issues coincide with mine. He has the same views, so I plan to trust him once."
"Hero, I'll call you tonight if I can. Don't make excuses."
"...two different things!"
It happened that at this time, Su Yehao received a call from the bank.
The 20 million Hong Kong dollars transferred from Sihai International's account had just been deposited into the account. The bank's account manager immediately began to promote financial products, hoping to keep the money.
Of course, Su Yehao didn't want to leave his money in the bank to earn interest. He would have lost a lot of money, so he declined on the spot.
He was full of energy and said to Nong Qingying:
"You can contact people from Yinhai and ask them to come over to discuss the contract. If you are ready to sign the contract, just follow the current conditions to avoid long nights and nightmares."