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241 It's Enough

Wei Kai sat in the office, facing several other young partners, silently looking at each other.

After a while of silence, he said, "Mr. Wang has arrived, and will come later."

Another partner asked, “Don’t we pick him up at the airport?”

Wei Kai shook his head: "He said he didn't need to, he didn't read the superficial articles. He sorted out the company's data, and he said he wanted to read that one."

The little friend looked worried: "Our data is so tragic, does he still have to see it?"

Another friend suspected: "Mr. Wang looks too young, he feels younger than us. Is it really reliable?"

Wei Kai: "I gave us 100,000 yuan, so I don't have interest. Do you think it's reliable?"

The office suddenly became silent.

"Isn't Mr. Wang from the Penguin Investment Department? It's useless to just be optimistic about us. He has to be able to persuade the senior executives inside the Penguin..."

"Penguin's family has a great career, can it fall in love with us?"

Seeing the two partners arguing, Wei Kai slapped the table and said, "Let's rest. The question now is whether we can still talk about Mr. Wang. In the past two months, we have also gone to many investment institutions. What do they look at us? If Mr. Wang loses confidence in us this time, let alone Penguin, it's more straightforward to disband directly."

Looking back on the experiences in recent times, Wei Kai really dared not have too much expectations. Those angel investors are not real angels, they have no stingy words, and they are hard to refute the truth. They are really too cruel.

‘Have you really thought about how to make a profit? Have you considered the business model?’ This is more straightforward but pretty good-sounding.

‘Classmate, have you taken the wrong door? This is venture capital, not talent show, what dreams are you talking about?’ This is more ruthless.

As for the more slap in the face, there is no need to speak too much like a gangster. But Wei Kai has really seen a lot of contemptuous eyes and cold attitude.

With this contrast, Wang Heng's friendship at the time naturally seemed extremely precious.

———

When Wang Heng came downstairs of Fof's office, Wei Kai had already been waiting there.

"I'm sorry, Brother Wang," Wei Kai smiled carefully and bent over, "You ran here all the way, but I didn't even pick you up..."

Wang Heng waved his hand: "No need, let's get straight to the point. How much money do you have left?"

Wei Kai immediately lowered his head, as if embarrassed to say it.

Wang Heng: "I can probably guess it, so there is no need to hide it."

Wei Kai was silent for a while and suddenly sighed: "To be honest, you may not guess. There are almost 100,000 yuan left in our account."

This answer surprised Wang Heng a little. After all, in his impression, before Fof actually started to make shared bicycles, it seemed that there was a desperate situation where only a few hundred yuan was left in his account.

So he asked, "Is this one hundred thousand not enough for you to continue to support?"

Wei Kai smiled bitterly and said, "It's not impossible to hold on, but at most we can just organize two cycling projects. The two projects last month were both lost, and they lost a lot. If the last 100,000 yuan can't be used and can't be repaid, then how can we pay you back?"

Wang Heng looked at this young entrepreneur, a pride in the bicycle industry for one week, and recalled the ending of owing countless people's deposits to the end of FOS, and was a little moved for a moment. He didn't want to rely on the 100,000 yuan account, so he didn't want to do it anymore?

The entrepreneur who has not yet left the novice village is really simple and cute.

"Have you ever thought about it..." Wang Heng said carefully, "Change another idea."

Wei Kai: "What's the idea?"

Wang Heng: "The prospects for cycling are indeed very limited, and there is no good profit model. It's okay to organize it in school, but it's too difficult to run a company. Think about it carefully, what are the things that most people need more?"

Wei Kai couldn't help but frown: "Brother Wang, what do you mean is, let me re-analyze the pain points of the market?"

Wang Heng: "Yes, you analyze and analyze what everyone needs about bicycles?"

At this time, the two of them had already walked to the door of the office. Wei Kai thought silently, led Wang Heng to the conference room, and then closed the door.

Sitting across the table, Wei Kai said: "I understand what you mean, Brother Wang, the pain point in the market is the hard demand of most people. But in this case, there is no need for us to do cycling. This project is not hard at all now."

Wang Heng smiled and said, "But you can be hard."

Wei Kai: "?"

Wang Heng: "Think about it, what are everyone's hard needs? Can you use a bicycle to meet everyone's needs?"

Facing that profound gaze, Wei Kai thought hard and finally had an idea.

"I understand what you mean. Riding is not a rigid requirement, but travel is! Everyone needs bicycles, but there are too many bicycles stolen, so it is not easy to buy one in the dormitory..."

Seeing Wei Kai finally got to know him, Wang Heng couldn't help but feel relieved: "Then make a new plan and let me see it. If possible, I will invest money."

Wei Kai couldn't help asking: "Do you invest money? Wait, don't you need to ask for advice from the Penguin Investment Department?"

Wang Heng shook his head: "I don't need them, I have money in my hands."

———

A day later, Wang Heng came to Fof's office again and sat in the conference room, facing all the partners - it was a huge trend, but in fact, there were only six including Wei Kai.

The six people sat on one side of the conference room, and Wang Heng sat on the other side alone. The more people there were, but they were obviously even more nervous, with a cautious look in their expressions and eyes.

Wang Heng finished reading the plan they had made overnight and pondered for two minutes.

In the past two minutes, the six people didn't even dare to breathe loudly, and could only wait quietly and obediently.

Finally, Wang Heng smiled with satisfaction: "The profit model of the shared bicycle solution makes sense. If everything goes well, it can expand rapidly in the early stage, and then start to make profits after occupying first- and second-tier cities in the middle and late stages."

While saying this, he silently added in his heart - unfortunately, the premise of making a profit is that there cannot be too many competitors, and the money-burning war cannot be launched. However, as long as capital enters the market and starts a price war, profits will be a fantasy.

Of course, as long as hot money pours in, the original perfect blueprint will collapse. Even Wang Heng is a reborn person, there is nothing to change. It is nothing more than helping the infancy fof, getting some shares, and selling it at a good price in the future.

"I can pay 600,000 first, plus the 100,000 I gave you before, and get 20% of the shares. With this money, I will spread shared bicycles in various universities in the imperial capital. What do you think?"

Wang Heng was still a little uneasy when he was going to take over the stake worth hundreds of millions of shares in the future at such a low price. But as soon as he finished speaking, he saw surprises on his faces of the six people across the table.

Wei Kai couldn't help but stand up: "No problem!"

———
Chapter completed!
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