Afterwards, representatives from each province took turns to introduce their entrepreneurial projects. Lin Chen listened with great interest. This national entrepreneurship competition was more comprehensive than the Shanghai entrepreneurship competition, perhaps because the economic development directions of each province and city were different. The entrepreneurial projects were also more diverse, no longer mostly group buying.
Finally, it was the turn of the three universities in Shanghai to take the stage. First up were Chen Cheng and Ma Surui from Tongji University. Their company is called Duoshi Technology, and the software they developed is called Duoshi Beauty. Chen Cheng and Ma Surui brought two computers to the stage and demonstrated the beauty effect during video chat, which drew gasps from the audience.
"Wow, this beauty filter is amazing! Look at that ugly guy on stage, he's almost turned into Daniel Wu."
"Then, when I video chat with my online boyfriend, wouldn't that mean..."
"Brother, you'll have to meet in real life someday, so I advise you to be careful."
Next up on stage were Qian Kaining and Zhang Qian from Fudan University. Their company focuses on campus group buying, targeting university students. The products they negotiate for cooperation are mostly the best-selling items on university campuses, such as bed sheets and duvet covers at the beginning of the semester, merchant discount packages, and so on.
Last to appear were Lin Chen and Su Xiaowan. Lin Chen's handsome face and tall figure were exceptionally eye-catching, while Su Xiaowan's pure face paired with her office lady outfit was simply irresistible to male fans. The combination of a handsome man and a beautiful woman is always pleasing to the eye.
"Hello everyone, we are a representative company from Shanghai Jiao Tong University. Our company name is Xingchen Technology, and our project is Huasuan.com..."
As soon as the words "Huasuan.com" were uttered, a commotion arose from the audience.
"Damn, Huasuan.com is actually a startup project by college students? The founder is too young."
"Huasuan.com is valued at nearly $2 billion, so what's the point of competing with a company like that?"
"He's richer than me, an angel investor, and he's asking me to invest in him?"
"You may not know this, but the owner of Huasuan.com is the same owner of the previous 'Fruit Ninja' game. He made 500 million yuan by selling it to Tencent, so he is not short of money at all."
"Stop talking. Think about when I was in college, I couldn't even scrape together 500 yuan. There's no harm without comparison."
Lin Chen ignored the noise from the audience and continued, "Our Huasuan.com currently has two main businesses. One is online shopping price comparison, which compares the prices of the same products on various online shopping platforms. I wonder if any of you in the audience have used it before?"
A chorus of "Yes!" erupted from the audience.
Alibaba's investment representatives were also present today. Seeing this scene, I smiled and thought to myself that I would ask Huasuan.com if they wanted to invest. The investment plan for Huasuan.com had been decided long ago, but there hadn't been an opportunity. If I could only invest a little bit this time, I think Mr. Ma would be very happy.
"The second part is the food delivery price comparison business. This may vary depending on the city. In some cities, the food delivery business is not yet very mature. Dear investors, these are all markets, and we need to seize the opportunity. I believe that food delivery will become an indispensable part of people's lives in the future."
A burst of laughter erupted from the audience.
Lin Chen paused for a moment, then said, "Actually, there's a third business segment that's not yet open, but the functionality is already complete: group-buying price comparison. Group buying—I don't need to elaborate on this booming market, right? To borrow a quote from a big shot, 'If you're standing on the cusp of a trend, even a pig can fly.' Okay, that's all for my brief introduction. Thank you everyone."
After thanking them, Lin Chen led Su Xiaowan off the stage. Su Xiaowan did not display the project proposal or financial statements she had prepared. Unlike other companies, which showed off their transaction volume, profit margin, and other data to prove their company's investment value, Lin Chen seemed to be just there to show off and then leave.
After stepping off the stage, Lin Chen led Su Xiaowan directly to the investor area, found a seat, and sat down. The investors around them were all confused. Wasn't this the college student who had just given a speech on stage? How did he end up in the investor area? Did he come to the wrong place? Oh, this is the boss of Huasuan.com. It's alright then.
"Mr. Lin, hello, I'm from Qianduoduo Investment Company, this is my business card."
"Um, I'm sorry, I don't have a business card."
"It's alright, it's alright. Just keep my business card. Feel free to contact me anytime if you need anything."
Next, many investors sitting nearby handed Lin Chen their business cards, which Lin Chen accepted. Suddenly, Lin Chen saw a business card that read "SIG Wang Qiong".
"Mr. Wang, could we speak in private for a moment?"
Wang Qiong, who had just given him her business card, was a little surprised. She hadn't expected Lin Chen to call her.
"Oh? Mr. Lin, do you need investment? Hainan is quite capable, hehe."
"Haha, I know that Haina is a big shot in the investment world, but I want to talk to you about something else."
"What's up?"
"I want to acquire 99fang."
"Huh?" Wang Qiong was puzzled. "Aren't you supposed to be a college student startup seeking investment? Why are you here looking to acquire me?"
However, 99fang was indeed a project that gave Wang Qiong a lot of headaches. Originally, Kuxun.com was the project that Wang Qiong had invested in, and 99fang was just a real estate channel under Kuxun.com. However, although Kuxun.com had a certain scale, it had been losing money, so Wang Qiong had no choice but to sell it.
However, a young man had told her that the entire KuXun.com's strategic direction had been wrong and that there was still hope for saving it. She thought it made a lot of sense, but she didn't have the time or money to waste on saving KuXun.com. So, she kept the young man and the real estate channel he was in charge of separately and established 99fang. However, several months passed, and although the real estate channel was operating in a mediocre way, it did not achieve any outstanding results.
"Mr. Lin, why do you want to acquire 99fang?"
"Mr. Wang, to be honest, I'm planning to add a rental comparison service to Huasuan.com, since the demand for rentals among young people is still quite high."
After considering it for a while, Wang Qiong thought about the investment report she needed to submit to Meidi's headquarters at the end of the year, and decided to sell the project that had wasted half a year of her time and still offered little hope.
"20 million."
"Mr. Wang, isn't this price a bit high? Given the current state of 99Fang, it would be good if it could sell for 15 million. Isn't your asking price of 20 million a bit insincere?"
"Hehe, Mr. Lin, isn't that how business is? Ask for the sky, then bargain. Besides, you're the one who came to acquire this business, not me selling it at a low price."
“18 million? If that doesn’t work, forget it. I’ll go acquire other real estate websites.”
“Okay, deal.” Wang Qiong revealed a sly smile. Young man, still too young. He doesn’t know any bargaining skills at all. Originally, her bottom line was 15 million, but Lin Chen quoted 18 million. Why hesitate? It’s good to earn an extra 3 million.
Lin Chen also showed a happy smile.
Think he can't negotiate? Wrong. He's actually willing to pay 20 million, but that would seem too hasty and would arouse suspicion from an old fox like Wang Qiong.
The reason he was so eager to acquire 99fang was because the young man Wang Qiong mentioned was named Zhang Yiming!
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