In the field of life services, it is a science to make customers pay for satisfaction, and different stages after users enter the trap need to provide different experiences.

New users need to give enough discounts and spend money to subsidize. Everyone knows that this is basically done. So what about users who have passed the novice period? How can users be placed in the business cycle instead of staying in the user list in the database? This question has defeated the vast majority of people. Only mobile Internet players who are not troubled by this problem are qualified to reach the top.

The answer given by someone is to monopolize the track, use big data to build an invisible but unfathomable moat, and then turn all branches on both sides of the track into swamps, so that latecomers can't get in even if they wave money, and there is no data to support them when they come in. They can't see the effect after burning money for a while, so they have to get out. In this way, users who have spent the novice period will find that there is nowhere to go.

The answer given by someone is that I continue to subsidize users, never leave the novice period, and then deeply explore market value and make money while subsidizing users, but later generations do not have the ability to deeply explore.

The answer given by someone is to expand by pyramid schemes and use the dividends of new users to fulfill the satisfaction of old users. This model will sooner or later collapse, just like the perpetual motion machine cannot exist, which makes Chu Yuanxi not even willing to study it.

The answer Chu Yuanxi intends to tell the market is: different stages of a user can be met in different ways.

He divided users into three stages: Phase 1 is satisfied through subsidies, Phase 3 is satisfied through social interaction, and Phase 2 is satisfied through social interaction. Before entering social interaction, after losing subsidies, users at this stage have accumulated a certain amount of data in Phase 1 and have also experienced a certain degree of currency cycle. It is the time period that is satisfied by online content and currency gameplay.

Data relies on content to generate economic value. This is the answer given by Chu Yuanxi. Socialization is the sharp blade stabbed by this answer, and blockchain is the shield held by this answer. This requires that the content can fit the data and mine the value of the data. The content can be linked to currency, and then point to socialization, becoming a hub for opening up the entire set of gameplay.

Even after Chu Yuanxi's castration, Elizabeth was almost buried. It was a new concept for her, and it was difficult to understand. Just like a high school student who entered college and suddenly came into contact with Coryonioli when studying physics, and suddenly came into contact with Fourier transform when studying mathematics. There was no concept at all, and he could do it according to formulas, so he didn't know what it was for.

What’s so annoying is that Chu Yuanxi refused to give examples, and all the concepts were presented for her to experience them by herself. In Chu Yuanxi’s words, it is certainly possible to give examples, but before the time has come, I will naturally see the examples after the well-off society is unfolding.

If Elizabeth had read Mr. Jin Yong's famous book "The Return of the Condor Heroes", he would know that the specific teaching methods used by Zhao Zhijing when Guo Jing sent Yang Guo to Zhongnan Mountain to study were not taught, but only the songs.

This answer is also something that many people want to know, such as SoftBank, for example, wants to know.

On May 5, the first day after the holiday, Xue Zhengwei, the manager of SoftBank Greater China, came to Xiaokang with Yuan Mu's introduction.

Both parties sat down in the tea room, and Xue Zhengwei was straight to the point: "I heard from Yuan Mu that Mr. Chu seemed to have some doubts about SoftBank's investment. Is that true? Can I know the reason? SoftBank's investment can bring to companies as a whole."

Chu Yuanxi frowned slightly, but thinking that Zheng De was still in a state of small arms and calves at this moment, it was impossible for him to commit a behemoth like SoftBank for no reason, so it was natural for Yuan Lu to reveal her attitude to others, but she was not so experienced enough.

He nodded quickly: "Before this, Mr. Xue can tell me why he is interested in Xiaokang?"

"Hahaha, this is a coincidence." Xue Zhengwei said generously: "I talked to Li Jingfei. He said that Mr. Chu is not only young and promising, but also has a secret theory that can create demand and currency circulation to make the user ecosystem construction under the new retail situation not only rely on discounts and promotions?

I am mainly interested in your thinking pattern, because you said one thing very correctly. At that time, you said that Internet thinking focuses on retention, and discounts run counter to retention rates, so I am particularly curious about your solution."

Chu Yuanxi said that he is worthy of being a SoftBank, so smarter than Li Jingfei. Li Jingfei's slut is just a questioning question and questioning, but he never knew that proactive thinking could produce intellectual results.

As for Mr. Xue Zhengwei and Mr. Xue, just listening to Li Jingfei's retelling of the 25% revealed at the roadshow, he found the key points according to several problems.

After hearing this, he waited for a while before calmly nodding a very deep head, "This is why I don't want to accept SoftBank's investment. SoftBank invested in Grabi and participated in every round of investment in Grabi. If I remember correctly, last month and March, SoftBank invested 1.46 billion in Grabi's H round. Last month and April, Mr. Sun said that he would provide unlimited support for Grabi's growth, right? Didi and Uber did not receive this level of support."

This time it was Xue Zhengwei's turn to frown. He knew what Chu Yuanxi was going to say next.

"Since you mentioned Li Jingfei, you should know that Li Jingfei is connecting with Grabi to the Celestial Empire and intends to adopt the model. I want to draw nourishment from a well-off society, right?"

"It seems that everyone's information is open and transparent." Xue Zhengwei smiled awkwardly.

"It's good to be transparent." Chu Yuanxi was lukewarm. "If it's transparent, no one would misjudgment. I most hope to do my own things. Maybe I can help each other and complement each other in business rather than confrontation. But if I accept SoftBank's investment, SoftBank... Well, let's say that, I hope that all those who invest in me will provide me with more than financial help in the first three rounds, but only maintain the state of financial investment and do not exert any influence on our company, including corporate culture. Is it possible for SoftBank to accept it?"

"Your request is too much. Investments with completely unequal rights and obligations are not good investments. If you say financial investment, then pure financial investment is not impossible."

Xue Zhengwei raised his hands and made fierce gestures, like a conductor. Chu Yuanxi was as stable as an old dog, like a patient audience. When he put his hands down, Chu Yuanxi spoke: "Your words are reasonable, but since someone is willing to provide help other than finance, of course I will release my share to them first."

"This group of licking dogs!" Xue Zhengwei cursed in his heart, but his smile remained unchanged, and his mouth was still bright: "Mr. Chu, although that's the case, it's not me bragging, Mr. Chu. Can these investment institutions that are willing to enter in the financial investment model and provide additional support be compared with us? How can Firefly compete with Haoyue? The resources they can provide and the resources we can provide are not the same. Who would accept this condition with strong investment institutions like us?"

Chu Yuanxi said you were still holding on? He smiled slightly: "Do you know that Yuri, an investment institution called Digital Sky Technology Group, referred to as dst?dst, not only accepts this condition, but also takes the initiative to propose this condition. Not only does he take the initiative to propose this condition, he will also give the voting rights with both hands and hand over to the founder."

"This - the one who deserves - the one who deserves - the licking dog!" Xue Zhengwei scolded in his heart. DST is simply a public enemy in the investment circle, which has ruined the entire investment and financing atmosphere, but everyone can do nothing about this fund from Mao Xiong's family.

The genius investor Yuri is the leader of this fund, and the local tycoon Usmanov is its funder, with an investor completely different from that of Wall Street. When Mark Zuckerberg accepted the investment from DST, the entire Silicon Valley was disserting, saying that you actually accepted the investment from a Russian? But they didn't know that Xiao Za originally refused, and the management said to Yuri: Do you deserve to invest in Facebook?

As a result, Yuri personally flew to Silicon Valley and licked her, saying that I don’t want preferred stocks and board seats, and gave you a valuation of 10 billion yuan, and the voting rights were completely handed over to you. Xiaozha had never encountered such a good thing, so she changed her words on the spot and called her dad.

With this trick of dog-licking investment, dst is even more glorious than SoftBank in the global investment field. Since opening the gap of Xiaoza, Yuri has quickly become a good friend of Silicon Valley's top entrepreneurs. He invested in LinkedIn, Twitter, Airbnb, Snaphat, and group buying websites in the United States, and also invested in Doodle and Didi in the Tianchao. After a few years, he made tens of billions of dollars, which can make some people on Wall Street jealousy to the separation of the quasi-wall wall.

But in the eyes of entrepreneurs, this is called having a b-sense. Yuri's famous saying is, do Zuckerberg and Brother Qiangdong need me to teach them how to do socializing and doing business? What's the use of my voting rights? It's better to support the founder to consolidate the company.

Then, a major event that happened in Silicon Valley proved that Yuri was right with the fact that he was like blood. That is, Uber’s founder Kalanick was expelled from the company he founded. Yuri did not vote for Uber, otherwise Kalanick would definitely get the voting rights of DST, and this tragic scene would not have happened, especially when Uber has already settled the policies and shared private cars on the road.

So at this time, Chu Yuanxi pulled out the big banner of dst, and immediately made Xue Zhengwei speechless!

Actually, there is nothing to say, because although DST is a dog, it is all "latest investment"! People don't invest in the first three rounds at all, and they don't even invest in uber, let alone you have a well-off life?

But it would be boring to talk about this guy, it would be reduced!

In fact, neither party made it clear, but when it comes to this, it is equivalent to making it clear that Chu Yuanxi cannot accept SoftBank’s “resource integration”, and Xue Zhengwei’s attention is resource integration. Even if this round of integration cannot be integrated, what about the next round? What about the next round? SoftBank only needs to open the share gap, no one can resist it, especially companies in the previous rounds of financing.

The D round and the financing after the D round can actually be considered pre-listing financing, not early stages, and the risk has been greatly reduced. If it is not reduced, it means that the invested company is not suitable for continuing financing, because the D round should already be used to measure the company.

Of course, there are also letter financing like Didi. The so-called letter financing means that 26 English letters are almost full, and there is not enough. But this does not mean that Didi is not good, but Didi is not in a hurry to go public. Such companies are hungry for funds, but there is no problem with financing. Investors are willing to accompany them all the way. Anyway, the valuation is also rising, so it doesn’t matter.

The same is true for well-off society in the original world.

However, in the first few rounds of financing, investment institutions have to bear great risks, so of course they must also meet the conditions as much as possible. This is what is meant by the question. There are DST people who do not take power seriously, but it is rare. In order to protect their own interests, it is normal for investment institutions to compete for power. Of course, investment institutions use their own resources to help companies in other aspects. It is also what is meant by the question.

However, Chu Yuanxi asked all the investment institutions that planned to invest in him: Should Xiaokang be regarded as a "enterprise" or a "resource"? It's like being regarded as a brother or a price.

Furthermore, his request is that I want you to help, but I don’t care about me. It is basically equivalent to the requirement of the female boxing fighter. If you love me, you must trust me, tolerate everything I have to spend money, so that I will give you the chance to love me in the future.

Generally, goddesses of the level of the class will be beaten if they make such requests.

But now Chu Yuanxi has already dressed up Xiaokang in a gorgeous way, an iceberg female president-level frozen age goddess, who is very good at looking at dogs. At this time, although you are powerful, you are not lucky if you are not powerful. Some are powerful enough to lick dogs!

This made the straight man who planned to assign the goddess to his own son after he got the pursuit.

Chu Yuanxi guessed in his heart that Xue Zhengwei was fighting against this abacus.

Why is SoftBank’s money difficult to get? Because it’s great to get SoftBank’s money, it’s very generous in terms of valuation, and it can provide a lot of resources, but SoftBank will penetrate the well-off society without hesitation. For example, Grabi, Grabi’s current president was assigned by SoftBank. This penetration is comprehensive, causing erosion of corporate culture, which is exactly what Chu Yuanxi cannot accept.

Thanks to SoftBank's strength, there are many people who have studied him, which also makes SoftBank's corporate culture very distinct in the eyes of the world. Sun Dasheng is the biggest person in this era who pursues monopolyism. He has always believed that if the monopoly market is a winner, it has also affected all SoftBank's invested companies, whether Uber, Didi, or Grabi, who are very obsessed with monopoly.

Chu Yuanxi, who is a well-off society, does not say anything about his feelings, at least he must win with a business model. But after accepting SoftBank investment, the most likely thing is to be more aggressive, capital operation, and mergers and acquisitions. Even if Chu Yuanxi doesn't want to do this, his control over the company will definitely continue to decline, and the temperament of the entire company has changed. Countless people will hold various favorable factors to persuade him. No one wants to stand opposite to all employees and investors, and the founder can't do it either.

There are too many such examples in SoftBank's long investment history, so there is no need to think about this result.

At that time, Xiaokang may move towards another form of success, or it may become a big monster in the business territory of the Celestial Dynasty. However, Chu Yuanxi said that what I want is not just "success". If you want to succeed, Nabaren Group has already succeeded! What I want is to make my own well-off, not to make it an extension of SoftBank.

Another open question is simpler. Xiaokang has accepted SoftBank’s investment. Will SoftBank take Xiaokang’s business plan into a routine and then pour it into Grabi?

You should know that Grabi is a company that SoftBank has invested in billions of dollars, which is no problem than her own son. No matter how much you eat, she only plans to raise 100 million in the A round. It is clear at a glance who is close to her. How can you ask SoftBank to take a bowl of water to the right? It doesn’t exist.

Therefore, seeing that Xue Zhengwei didn't say anything for a long time, Chu Yuanxi knew that he might not be able to say anything, so he planned to see him off.

There must be etiquette when seeing off guests. There are scenes. Chu Yuanxi's scenes are: "More hot money will lead to market deformation. This is not what I want to see, so I appreciate your kindness."

Xue Zhengwei scratched his face and said in embarrassment: "Although I don't want to say that, if you don't take our SoftBank money, it means that a large amount of resources will be tilted elsewhere, and you will definitely regret it..."

Chu Yuanxi nodded, thinking to himself that I had prepared a gift package for Sun Dasheng. When I put Elizabeth in Nanyang, I think who would regret it? But this matter has nothing to do with Greater China. Even if someone regrets it, it would not be Mr. Xue Zhengwei and Mr. Xue. This person is quite graceful and looks not weak in ability. If he joins Li Jingfei, he will definitely be a strong enemy.

When Xue Zhengwei left, Elizabeth quietly came to the tea room. When Yuan Lu mentioned what happened just now, Elizabeth's expression suddenly seemed very strange.

"What's wrong? Why is this expression?" Chu Yuanxi was quite surprised.

Elizabeth said: "SoftBank's grandson is in Silicon Valley, but he is a very complicated and difficult person to define!"

"Not to mention in Silicon Valley, it is also a mixed reputation in island countries." Yuan Lu nodded, "The concept of the island people is super hard-core. You must set up a company, run it yourself, and develop it yourself to get high evaluations. Therefore, many island people say that Sun Dasheng makes money by investing and mergers and acquisitions. He is considered a rich man, but it is far inferior to the "Four Saints of Management"."

"If they listen to their times, they will not make progress." Chu Yuanxi just wanted to give the islanders a "hehe". Sun Dasheng said that it was a travel empire with a global territory, but in fact he was investing in "people's business" and wanted to compete with the financial empire controlled by the Jewish consortium. This vigorous ambition could not be imagined by the so-called "operators" who live on a island?

"So, Detective, what do you think about this investment intention?"

"My thoughts? My thoughts are that I want to go to Southeast Asia to fight Grabi now. This opponent is worth fighting! There is still more than half a year left by the end of the year, so I can't wait!"
Chapter completed!