My rebirth is different

Page 536

Yu Wenfei's several hundred million yuan is only a drop in the bucket compared to the project to be done, not enough at all.

Facebook has developed to this stage, and big money must be allowed to enter the market.

…………

This year, Hu Jinchang did not have a good time, because he had something on his mind.

Hu Jinchang is the President Hu that Yu Wenfei knew. The two met once in the VIP hall of the entrance a few years ago. Yu Wenfei asked him to know about Jiale Supermarket.

After returning from the capital, he really did his homework and asked his subordinates to collect information on Knorr supermarkets, and he went to several Knorr supermarkets to investigate in person.

The more he knew about Jiale Supermarket, the more frightened he was.

I am also the boss of the magic city, why have I never noticed that such a retail giant has quietly risen up in the past six months!

Of course, this also has something to do with his not doing retail business. In the past, Hu Jinchang looked down on the retail industry. Things were cumbersome and profit margins were low, which meant earning hard money.

However, Jiale subverted his concept.

The development of this supermarket is completely different from those traditional domestic retail companies. It took only half a year to dominate the retail industry in Shanghai, and its tentacles began to extend to Jiangsu and Zhejiang provinces.

Although there are not many stores, all of them are very big. Any one store can be compared to five or six or even ten small and medium-sized supermarkets.

Calculated in this way, Jiale currently has [-] large stores, which is not inferior to the scale of other supermarket chains with [-] stores.

In terms of size alone, it can rank among the top few in China!

It is very powerful to be in the top few positions in any industry, let alone this kind of retail industry.

Hu Jinchang still understands the prospects of the supermarket industry. The reason is very simple. This is the most basic demand of all consumers.

Everyone can not play the Internet, watch TV or listen to music, but everyone has to eat and drink.

Then it is inseparable from the retail industry, and the supermarket is the pillar industry in the retail industry!

Besides, if you can’t understand this truth, you can also look at the market value of Wal-Mart Carrefour abroad, and anyone will understand that you can make a lot of money by running a supermarket.

Therefore, Hu Jinchang became very interested in Jiale, and he no longer considered Facebook.

Because Facebook is an Internet industry, Hu Jinchang knows a little bit about how dirty the industry is. Companies that have lost money for many years can be valued at billions or tens of billions. In addition, Yu Wenfei seems to have a big appetite. He said that he has five [-] million can only follow the investment.

In this case, I might as well invest the [-] million yuan in Jiale. This is a real business!

It is relatively easy for Yu Wenfei to fool himself on the valuation of Facebook, because he has tens of millions of users, which is really bluffing.If a customer is calculated at 100 yuan, isn't it a valuation of several billion.But whether it's worth it or not, no one knows.

But if he wants to fool himself on the valuation of Jiale, it will be difficult. There is a general standard in the market for the valuation of real enterprises, and it is difficult to manipulate.

Therefore, during the Chinese New Year, Hu Jinchang expressed to Yu Wenfei that he wanted to invest in Jiale Supermarket, and the sooner the better.

Of course he was worried, because after the next year, Jiale would open several more stores.

Every time a store is opened, the valuation of Jiale Company will be much higher...

Chapter 467 Three Major Projects

Back in Shanghai on February [-]th, after a night of rest, Yu Wenfei appeared in Xinzhuang Science and Technology Park the next day.

"Happy New Year, Mr. Fei! Gong Xi Fa Cai, here are the red envelopes."

As soon as he arrived downstairs in the office building, he met Effie.

As a boss, you must prepare some red envelopes just after the new year. It’s okay here in Shanghai. If you are in a place like Pengcheng and Yangcheng in the south, the employees will line up to ask for red envelopes. If you can’t get them out, It's embarrassing.

Fortunately, Yu Wenfei bought a lot of red envelopes in advance, and took some new hundred-yuan bills from the bank. Each red envelope contained 100 yuan, and was going to distribute it to the employees after work started.

Although a red envelope of 100 yuan doesn't seem like much, it can't stand the crowd. The two companies in the Science and Technology Park have more than 800 employees!

The red envelope alone costs nearly 20 yuan.

Of course, this little money is nothing to Yu Wenfei, he can still afford it.

"Haha, Happy New Year, Manager Ai. I heard that you have been on duty during the Chinese New Year. Now the leaders of other departments are returning to work one after another. You can take a two-day vacation." Yu Wenfei smiled and handed over a red envelope.

"I can't take a break. There are too many things in the company. Now that the website is very popular, we have to do our work more carefully." Effie replied.

Yu Wenfei nodded appreciatively, as a boss, he likes such employees!

Except for the employees on duty, most of the other employees will not start work until two days later, but the main leaders of the company have already gone to work.

For Internet companies, especially Facebook, which is still in the start-up stage, there are no fixed holidays.

Key employees and main leaders don't need to be urged, they will take the initiative to work overtime consciously.

Obviously, the performance at this stage will directly determine how many incentive shares you can get when the company goes public!

A company with an infinitely bright future like Facebook is destined to be successfully listed in a short period of time. Two or three years or less before listing, it doesn't matter if you work hard.

Two or three years of hard work, in exchange for a lifetime of glory and wealth, anyone will settle the account.

So, no need for Yu Wenfei to say anything, the leaders of various departments, the locals in Shanghai, basically came to work in the third day of junior high, and those from other places also came back to report on the fifth day of junior high.

After Yu Wenfei arrived at the company, before secretary Hu Jingjing came to work, he personally notified the leadership group to hold the first core leadership meeting after the year!

In Xinzhuang Science and Technology Park, there are actually two companies, because Facebook has been spun off from Star Technology.

Star Technology is the parent company, and Facebook is the subsidiary.

Under the framework of Star Technology, the number of people is relatively small, only the general manager's office, the finance department, the personnel administration department, the public relations department, and the WeChat project team.The number of employees is not large, only 300 in total, of which Effie's public relations department accounts for [-].

The scale of Facebook is relatively large. It consists of two major business divisions, the Technology Department and the Operations Department. Each of these two business divisions has several small departments.Lu Qi is the head of the technical department, and the head of the operation department is temporarily vacant, so it can be considered that Effie is also in charge.

Therefore, it is said that it is a core leadership meeting, but the real participants are Ai Fei, Lu Qi, Li Xin, and Manager Wang from the personnel administration department.

"We're going to speed up!"

As soon as everyone sat down, Yu Wenfei said firmly.

"Mr. Lu, you set up two more project teams here. We still need to make three products, one is a music player, one is a video playback website, and the last one is a chess and card game platform! These three products will be integrated into Facebook , all users can automatically log in to these three software through their Facebook digital IDs!"

Yu Wenfei said to Lu Qi.

Lu Qi immediately became excited. The technical department under him has not been working very hard recently.

Since the launch of Facebook, the technical department has been doing some functional improvement and background maintenance. Although the workload is not small, it is definitely not as intense as new product development.

He is an excellent product manager. Of course, he hopes to lead the team to make more excellent software, and he is not satisfied with a Facebook.

Now Yu Wenfei has launched three projects in one go, and he has other things to do!