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Chapter 85 On the Potential Value of Chicken Thieves

"I love hearing these words from brother!"

Bao Fan laughed loudly and liked Chen Feng's simple life. He has been doing business and has not been a fool until now.

Mutual benefit is the king, and hello and I are the basis of cooperation. Compared with the various small thoughts of other young entrepreneurs, this kid is simpler and more direct, especially his confidence and calmness in his bones, which is very considerate and pleasing to his own appetite.

I returned to the company and continued chatting. It was not until the secretary knocked on the door and said that the entrepreneur was coming. He said: "If you want to drink, call me and take you to the track for two laps on the weekend!"

Next was the project founder and the investor chatting alone. Chen Feng came to the reception room and saw a middle-aged man in his early thirties, wearing gold-rimmed glasses, and a haggard face.

"Hello Mr. Chen, I'm Ye Fei."

Ye Fei quickly said hello. Before coming, Huaxing had briefly explained the general background of the investors. Unexpectedly, this young man in his early twenties was the hottest helm leader now?

Chen Feng asked Ye Fei to sit down and chat, clearly feeling the other party's expectations and desires, and said straight to the point: "I am quite interested in your project. The company wants to plan the knowledge and science popularization track. What are the problems you are facing now?"

Ye Fei was stunned. He had seen many investors before, but had never been so direct. He quickly took out the information and said, "This is the specific data of our team and project. Please read it."

Chen Feng took it, turned a few pages briefly, and said casually: "How many registered users are there now?"

"About 2.6 million, the daily active users are basically stable at 400,000." Ye Fei introduced: "The team is mainly technical. I worked in Alibaba for eight years and reached the highest level of P8."

Chen Feng nodded. Alibaba P8 is not easy, and it is basically difficult to get ahead. He is also considered a technical Maverick.

When he turned to the equity page, Ye Fei was 100% shareholder. Chen Feng was very satisfied with this. He was most afraid of meeting a few people, what to do, and how to make investors play?

"It seems that the biggest problem is to acquire customers!" Chen Feng put down the information and tentatively said: "There is no suitable drainage channel?"

"You are right!" Ye Fei sighed and said with even more depressed expression: "For this project, I am almost ruined. I even put my parents' down payment wedding house to the bank, and I can't raise any funds..."

Suddenly he raised his head and stared at Chen Feng with a bright look: "You can negotiate shares. I only have one condition. The funds must be in place as soon as possible!"

Chen Feng waved his hand and said lightly: "Since that's the case, I won't be nonsense. I want 80% of your shares in 2000!"

Staring at Ye Fei, he said firmly: "As long as you nod, the funds will be deposited within an hour!"

"This..." Ye Fei's face was complicated. Although he had been mentally prepared for a long time, the only bargaining chip that could be taken out for the startup project was equity, but he really wanted to send out the children he had worked hard to raise...

Chen Feng waited patiently, he was also an entrepreneur, and understood the mixed feelings. If you don’t give it, the company may not even be able to hold on tomorrow.

If given, it is your own flesh and blood, especially the first project, it is simply...

"Okay!" Ye Fei took a deep breath and decided to say, "I agree with 20 million 80%!"

Chen Feng laughed and asked Huaxing to prepare the contract immediately, sign the contract on the spot, the money was instantly in place, and the contract took effect on the same day.

"You don't have to be polite, Mr. Chen, we have specially explained that you will be a senior VIP from Huaxing in the future."

Chen Feng nodded. Baofan, who originally had three percent of the commission, also saved it. It was a meeting gift. It didn't matter. No one was missing this little money.

He took Ye Fei away from Huaxing and came to an entrepreneurial park outside the Fifth Ring Road. Fifteen or sixteen people were crowded in an office of 100 square meters, and the conditions were very difficult.

After introducing himself, Chen Feng announced: "There is still half a floor of vacant space on Wanli, and I'll find someone to move tomorrow!"

When he arrived at the so-called general manager's office, Ye Fei asked the major shareholder to sit on the sofa that had shed hair, and said with awkward expression: "I'm sorry for you!"

Chen Feng laughed and signaled the other party to sit down, saying easily: "Now everyone is on the same boat. Let's just say if you have any difficulties."

Ye Fei nodded. Although he had only been together for two hours, he was also shocked by Chen Feng's refreshing style of acting. The 20 million people were immediately received without saying a word, which was simply a matter of fact.

"The initial cost is mainly concentrated on APP development, and the team structure is also mainly based on technology. Until now, there is no mature business model, and even a qualified product manager."

"The next step is to go in two steps. First, I will continue to improve the user experience, add more interesting games, try to extend the stay time, and make users better."

"Then we recruit mature and experienced product managers, open up efficient drainage channels, especially customer acquisition costs, and find the most suitable way..."

After saying that, he stared at Chen Feng and tentatively said, "What do you think?"

Chen Feng couldn't help but laugh and scolded: "Nonsense, 20 million have been smashed in. Can I stand by and watch?"

Ye Fei finally couldn't help laughing. The reason why he took Chen Feng's money was not only because of his pleasure, but after all, his company's minimum valuation was 35 million. If he hadn't been interested in Wanli's traffic matrix...

Chen Feng is very satisfied with Ye Fei's cleverness. As an entrepreneur, he must be careful in calculating and spend every penny on the knife. It is not stupid to think of using the profitable traffic resources.

I was also curious about the APP development process and asked: "How to do it specifically?"

"The so-called development cost is actually to determine product requirements, design, and R&D life cycle costs, mainly labor costs and software and hardware."

"Don't look at the team that only has a dozen people, the minimum salary starts at 15K and the maximum salary is 30K. The core people are still following my old subordinates from Alibaba, otherwise..."

"If the product is mature, such as a mature e-commerce platform, there are many open source or semi-open source products or frameworks on the market, you can buy one for secondary development according to the needs of your own products. This will greatly save the cost and the construction period will be greatly shortened, with an approximately 100,000 yuan."

"The second is operating expenses, which is the real bottomless pit, attracting new products, retention, and promoting activity... Depending on the product positioning, the strategies vary, and it is easy to spend hundreds of millions of dollars a month."

Ye Fei took a sip of water and continued: "We all rely on outsourcing for the most difficult months. We helped customers make a barely usable mini program in a few days, earning tens of thousands of yuan."

"Including the registration of domain names, purchasing servers and surrounding basic capabilities, operating a most basic APP is about 10,000 yuan a year, and the rest is how to acquire customers."

Chen Feng nodded and continued to ask: "People, how did you think about it?"

"The technical problem is not big, and you can handle it first with a team, mainly the product manager and the operation team."

Ye Fei had long thought about this question and said seriously: "The monthly salary of capable product managers on the market is at least 35K, and then the operation team, including advertising copywriting, planning, and even customer service..."

"The light manpower is at least 600,000 per month!"

Chen Feng chuckled, after a long time of hard work, he had to do this for three melons and two dates?

Looking at Ye Fei, he asked, "Do you know why I like this project?"
Chapter completed!
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