Chapter 253 Group purchase? Dead end!
"Start a business? No, Brother Tao, did I hear you right? You want to start a business?"

Yang Xiao finally found out why the rich second-generation captain in his previous life suddenly disappeared.

It seems like I'm going to start a business.

There is no need to guess the result, it is definitely a loss.

Speaking of which, Yang Xiao paid extra attention to him during the holidays and knew a little about his family situation.

Wang Juntao's father also came south a few years ago and made some money. He started out as a small workshop with only a few people and gradually expanded it to become a small factory that does OEM of parts and then sells them domestically.

My family is barely worth 20 million.

It would be fine for him to spend tens of thousands or even hundreds of thousands of dollars on the game for fun, but Wang Juntao himself only graduated from junior high school and has no academic qualifications or knowledge. How could he start a business?
How is this different from burning money?
I’m not afraid of the rich second generation spending money, I’m just afraid of them starting their own business!

No matter how much wealth you have, it is not enough to lose it!

This principle is true at all times!
Moreover, strictly speaking, with Wang Juntao's wealth, calling him a rich second-generation is a bit of an exaggeration.

It would be more appropriate to say that he is the stupid son of a nouveau riche.

"Why? Is it strange to hear that I started a business?"

Wang Juntao didn't care much about Yang Xiao's surprised expression. Instead, he looked confident, as if he was very close to success.

"No, Brother Tao, starting a business is risky, you know that, right?"

"I know, but my buddy has a way this time. Let me tell you, I did this with a childhood friend of mine. He put up 3 million and I put up 2 million. He took a bigger risk than I did."

When Wang Juntao said this, everyone around him was shocked.

Tan Bin was filled with envy and couldn't help asking, "My goodness, Brother Tao, what kind of business are you planning to start that's so big? You're going to raise five million right from the start?"

Wang Juntao smiled when he heard this and looked at Yang Xiao: "Just like our brother Xiao, enter the Internet and make some money."

"Internet? What project?" Yang Xiao asked curiously.

"Hehe, group buying, this track is very popular now. Brother Xiao, you should know about it, right? You can definitely make money." Wang Juntao looked complacent.

"Group buy."

Wang Juntao's answer made Yang Xiao speechless. He pondered for a moment and said, "Brother Tao, have you ever heard of this track?"

"Oh, look at what you said, how come I haven't heard of it? This thing is very popular now. It's called O2O. Am I right? Anyway, my friend and I are planning to find someone to make a software that can allow merchants to settle in and help them promote online. They just need to give us a commission. Isn't that the truth?"

Hearing his answer, Yang Xiao was speechless again. Am I testing you?
"No, what I mean is, do you know the prospects of this track now? It is indeed as you said, it is very popular, but the popularity of the track means that there are many people doing it! That also means that the competition is very fierce. Why do you think that you will succeed and stand out if you get involved?"

"We are strong. I know what you are worried about. Internet startups need to burn money. My friend and I can still make additional investments. Don't worry. He said that as long as we can hold on for two months, we can attract venture capital, and then it will definitely take off."

"."

Yang Xiao was speechless again.

He suddenly felt that the saying "If you stand in the right place, even a pig can take off" was problematic.

Pigs can indeed take off, but not all pigs can.

Well, that's a bit imprecise.

In this wave of Internet entrepreneurship, there are still many invisible corpses. Yang Xiao also secretly reminded himself that he must proceed steadily and not rush into anything rashly.

He could even guess the consequences of Wang Juntao diving in.

Additional investment?

Does this guy think that the current group buying is about playing games and clearing dungeons?

If you haven't beaten this level yet, why don't you recruit new people and spend money to continue playing?

"Brother Tao, the group buying market is now almost at a fever pitch, you know? Even if you have 50 million, let alone 50 million, you can't make any waves."

"Is this true? It's not as exaggerated as you say. Don't try to fool me."

Wang Juntao was a little embarrassed at this time, but he knew that Yang Xiao was not the kind of person who liked to joke or even undermine his friends' confidence.

"Haha, Brother Tao, let me ask you, do you know which are the largest group buying websites in the market?"

"Uh, I forgot about this. I'll learn more about it when I go down."

Yang Xiao didn't want to expose him at this time, lest he lose face, so he advised:

"Let me tell you this, Brother Tao, this track is so muddy right now that I don't even dare to touch it. I might get dragged to death if I'm not careful."

"Is it really that scary? You don't even dare to put your life on the line?"

"Let me tell you some data. According to statistics, in 2010, there were 2600 group buying websites established in the whole year. By this year, at the peak, it is conservatively estimated that there are 5100 group buying websites in the country. On average, ten group buying websites are established every day! Think about it yourself, are you sure you want to enter the market now?"

Hearing Yang Xiao's words, Wang Juntao's face turned pale. He used to be very excited, but at this moment he started to back off.

He also understood the meaning of these words.

In the current situation, he is the typical person who can't even eat shit warm!

Yang Xiao continued with a smile: "Let me give you some more scientific data. The leader of the group buying market right now is an app called Lashou.com. It seems that they are preparing to go public soon, and they are aiming to become the first group buying stock in China. You don't even have a clue, so what are you going to use to compete with them?"

“It’s about to go public? Is it the leader in the group buying industry?”

"Almost. At least for now, but it may not be the case in the future."

Yang Xiao's words just now were somewhat intimidating to him.

It is true that Lashou.com is currently the number one in the industry, but it cannot be listed on the stock market because of financial fraud.

The real overlord later, Meituan, is now only ranked third.

There is a big brother in front of it, called WoWotuan.

Meituan is the one that benefits from the conflict between the two.

"Brother Xiao, is it true that group buying cannot be done now?" Wang Juntao was still somewhat unwilling at this time and couldn't help asking again.

"I'm not kidding you. Anyone who does group buying now will end up with a dead end. It can be said that we are now in the 'Thousand Group War', or even close to the scale of the 'Ten Thousand Group War'. Of course, if you can gather 500 million and spend the money, then just ignore what I said."

Seeing that he was still not giving up, Yang Xiao continued to popularize science to him, "Let me tell you something else you know. Everyone is familiar with Alibaba. It is currently doing Juhuasuan and Koubei, which are group buying.

Have you heard of Sohu? It has a thing called Aijiatuan.

Tencent, what it is doing now is called QQ group buying network.

Baidu, the one that came out is called Nuomi.com.
Tell me, how much money do you have to fight with these giant companies? "

What Yang Xiao said was not alarmist, but the real situation.

In fact, as the Internet era enters its mid-term, any popular industry is basically a business war between a few giants.

To put it simply, it is a cruel game of big fish eating small fish.

ByteDance's later breakthrough in the blockade of major giants can actually be regarded as a business miracle.

At this time, hearing that these domestic giant companies had already entered the market, Wang Juntao finally became dejected and completely gave up the idea of ​​starting a business.

He also believed in Yang Xiao's words. Wang Juntao knew Yang Xiao's character, and with so much detailed information, there was no need for him to lie to him.

He was even a little scared. He wanted to rush in without understanding the situation clearly. Finally, he realized how naive he was.

Tan Bin was a little curious, and asked with admiration: "Brother Xiao, how do you know so much?"

"Haha, do you think he is just like us, thinking about playing games online?" Zhou Hongyu teased.

Although he said so, what Yang Xiao said today in front of everyone present really made everyone completely convinced of him.

Including Zhou Hongyu and Li Yuanbao, they are the two people with whom he has the closest relationship besides Luo Yao.

It seems that Yang Xiao’s current achievements are no accident.

"Forget it, I'll just go back to my dad's factory and help him manage it. I'll play games when I have time, and life will be comfortable." Wang Juntao pondered for a while and finally figured it out. "Fortunately, I talked to you today, otherwise I would have lost all my money in a few days. I just feel a little guilty for letting my friend down. I'll call him later to persuade him not to get involved in this mess."

Yang Xiao glanced at him meaningfully at this time: "Haha, I'm just afraid you can't persuade me."

Wang Juntao smiled and waved his hand: "It's okay, we have a close relationship, maybe it will be helpful if I talk to him nicely."

After hearing this, Yang Xiao said no more.

As the saying goes, good words can hardly persuade a damned ghost. Now that Wang Juntao has abandoned his friend, it is basically impossible for him to persuade him to stop.

But now that he has said this, he has done what he should do, and he has done his best.

Wang Juntao was also a man who could read people's expressions. He noticed that Yang Xiao was acting strange, so he made small talk: "Brother Xiao, why don't you give me some advice and see what I can do? To be honest, I really don't want to stay in that broken factory in Wancheng. It's boring."

Alas, why does the silly son of a nouveau riche love to make trouble so much?

Yang Xiao suddenly had an idea and thought of the "game" that Zhou Hongyu had just mentioned, and looked at Tan Bin beside him.

Yes, isn’t e-sports just in its infancy in China?

Yang Xiao smiled but didn't answer. He looked at Tan Bin and asked, "By the way, Binzi, I remember you seem to be the best sniper in our team, right?"

"Hehe, of course I have to. When I was playing in the team competition, I was the only one left and I destroyed the team several times."

When Tan Bin saw Yang Xiao suddenly asked about this and became the topic of conversation, he instantly felt proud.

Zhou Hongyu and Li Yuanbao were standing by, nodding their heads repeatedly, clearly recognizing his strength.

"During the holidays, we have arranged several matches with the top teams in the district. To be honest, Binzi's sniper rifle is one of the best in our district, and his sword fighting skills are not bad either."

Although Yang Xiao only played a few games with them during the holidays, he still had some impression of it. This kid, Tan Bin, did have some competitive talent.

But now it seems that his previous life has been buried.

In addition, the game CF was no longer very popular in the later period, and even fewer people made a name for themselves by playing this game.

Wang Juntao saw that Yang Xiao changed the subject, so he asked, "Why are you asking this?"

Yang Xiao raised his lips slightly and said, "My suggestion is that you should just start an e-sports club."

"E-sports club?"

"Yes, for example, in our club, we have established various independent gaming departments, such as StarCraft and Warcraft, which were quite popular in the past few years, and CF, which you are all still playing now, as well as the newly released League of Legends. We can specifically recruit experts to play in competitions and international events."

"Tsk, this thing doesn't make any money at all! Like you said, I know a few friends who have participated in competitions, and the prize money is only a hundred thousand at most, and ten or twenty thousand at least, which is not enough to cover the expenses. It is definitely a loss."

Wang Juntao thought Yang Xiao was going to come up with some good ideas, but he ended up shitting something big after holding it in for a long time, which instantly made him lose interest.

“If you don’t make money now, you may not make money in the future.”

Yang Xiao didn't care about his disdainful expression and said, "The number of Chinese netizens has exploded in recent years. Games have basically become a 'spiritual necessity' for young people in China. E-sports will definitely shine in the future. It has already shown signs in the past few years. Moreover, countries like Korea have developed this thing as the pillar of the competitive industry. Do you understand?"

These well-reasoned words made Wang Juntao start to ponder.

He suddenly felt a little puzzled. How come Yang Xiao knew everything?

This makes him look stupid!

"Is there really a way?"

"There has to be something to do. How about this? I'll invest money and become your partner. Each of us will invest one million first, and we'll each own 50% of the shares. How about that? If it's not enough later, we can continue to invest, and then redistribute the shares according to the amount of investment."

"One million per person is fine, then I will also risk my life to accompany you. However, this suggestion was made by you. You want 51%, and I will take 49%. I will let you be the majority shareholder."

Wang Juntao pondered for a few seconds and then agreed.

He is not the kind of person who would hesitate. Since Yang Xiao is so optimistic about this project and is willing to invest and work with him, he also believes in the other party's vision.

For this, he was even willing to suffer some losses and let Yang Xiao become the largest shareholder.

"also."

Yang Xiao did not refuse. Since he was doing business, he naturally needed someone who could really speak and take charge.

He also hopes that these things can be under his own control so that the development track will not gradually deviate.

For example, after the next e-sports club is established, the game club he most wants to cultivate will definitely be based on League of Legends.

This will be the most popular online game in China in the next few years, with the highest popularity and traffic.

I don’t know whether Wang Juntao will accept this proposal.

After all, the popularity of LOL is still a bit low now.

Now that he has become the controlling shareholder, he has to discuss many business rules with Wang Juntao.

You can't discuss everything with him and bring up his personal wishes, like he's not optimistic about LOL or something like that. If you do that, it's better to break up as soon as possible!
Although after some contact, Wang Juntao doesn't seem like such a stubborn person.

But nothing can be said for sure.

Anyway, today it's just empty talk, and neither of them has yet to actually pay the money.

Once the money is paid and the project is launched, Yang Xiao must be the helmsman and have the final say, and this position is unquestionable!
There are so many people here now that it's not convenient to explain in too much detail. After all, this is a party and everyone is acquaintance, so Yang Xiao has to take care of his face.

To be honest, Yang Xiao doesn’t really like doing business with friends. Once someone is dissatisfied with a decision, it can easily hurt the relationship.

After that, they talked casually about the specific matters in the future, and then he changed the topic to other people.

Everyone was having a good time and talked about some happy things.

After dinner, everyone felt that it was still early and they were not satisfied yet, so Wang Juntao suggested finding a KTV to have some fun.

Yang Xiao did not object, and the group played until almost twelve o'clock.

Wang Juntao was completely drunk that night and woke up in an unfamiliar hotel the next day. After asking over the phone, he found out that it was Yang Xiao who arranged it for him.

After he went to the bathroom to wash up, he felt much more sober.

Then I suddenly thought of something, picked up my phone and saw that there were more than ten missed calls.

He quickly picked out the most frequently called number and called back.

Toot. Toot.
When the call was connected, Wang Juntao said, "Hello, Lao Liu?"

"What's going on? Why aren't you answering the phone? What time will you come over today? Let's get the project implemented as soon as possible." The other party's tone sounded a little resentful.

"Um. Sorry, I may not be able to join."

"No way, Taozi, what's wrong with you? We've been friends for years, and you're standing me up like this? Is that fun?"

"Uh no, listen to me, group buying is incredible!"

Wang Juntao was a loyal man, and was provoked by these words. He quickly told Yang Xiao a bunch of data and statements from yesterday, hoping that he could understand the risks involved.

"No way? Man, which guru said this? If what he said is so awesome, why are there so many people rushing into this market? Are they all fools?"

There was some obvious anger on the phone. "Let me tell you this, Taozi, as long as we get a little better, venture capitalists will take a fancy to us, and then we can cash out! Do you understand? Your so-called master is simply fooling you, he knows nothing!"

"No. He couldn't have lied to me."

"Taozi, I don't want to say more to you. I just want to ask you, are you still going to do it? If not, our brotherhood will end here easily, and we won't contact each other in the future."

When Wang Juntao heard this, he didn't know what to say for a moment.

He was silent on the phone for a while. The other party was obviously waiting for his reply, forcing him to make a decision quickly.

After about half a minute, Wang Juntao seemed to have made up his mind.

"Okay, I'll do it. I'll continue to invest the two million I promised you before!"

(End of this chapter)