Becoming the richest man starts with making complaints

Chapter 42 The player who flipped the table

In addition to Zhao Yong, there were many investment banks watching the live broadcast.

After the shock, it was all anger, then fear.

They had previously thought that for technology deep throat projects, they should have a good relationship with Cao Shen and regard him as their project source so that they could take on more work in the future.

As a result, they don't have any relationship at all and just steal your job.

OK! You have the advantage of coverage, so if you grab a job, grab a job. After all, everyone is here to mess around, and everyone depends on their ability.

But what do you mean by directly lowering the rate to 1%?

This is stealing a job and turning the table over!

It's too bullying and too annoying!

But what can you do to him?

Didn't you see who was standing behind him?

The people above came to support it in person, and even went out to set up an incubator. Even today’s grand ceremony was done directly by him!

What is this? This is asking for alms!

And there’s more! That Cao Shen even went to talk to Xiao Gang before he came on stage!

Although it’s just a quick glance, don’t think we didn’t see it.

Xiao Gang even touched his arm!

What does it mean! You are the leader, I have gone up to convey your will.

The leader said: Okay, you behave well and I will protect you.

In addition to the people above him, there is also Xiao Gang standing behind him. He is the white glove that helps Xiao Gang eat!

In addition, their strength is also there.

In just two months, it has attracted more than 2,000 companies and more than 4,000 investors.

They couldn’t cover this much in five years!

This is the fucking confidence to overturn the table. Young people today make me so angry!

Also, although his open source software is free, it is hosted.

What’s in hosting! Detailed data of the project will be provided by hosting!

Number of new users, number of daily active users, user behavior, usage duration, application opening frequency...

Sure enough, Cao Shen waited for a while and then continued:

“As everyone knows, Tongcao Technology provides hosting services.

We have data for each application, and this data can be made available to investors for project evaluation reference.

This data is absolutely true and valid and has no water content. "

Investors couldn't calm down when they heard about this service. Data is a very critical part of judging projects.

But the devil is as good as the road, and entrepreneurs know this, so there will always be beautification in the data.

In fact, it is difficult for you to verify, even the data in the background can be modified.

You can only assume that the other party is a gentleman. This is a consensus in the industry.

If it wasn't too much water, it would be turning a blind eye.

However, if Tongcao Technology engages in hosting, the cost of data modification will inevitably increase, because Tongcao charges per person and data volume.

And you have to change it very cleverly, otherwise the data will be very steep and easy to see.

This means that if you want to modify data that looks nice and reasonable, you need to pay a long-term cost.

This cannot 100% prevent entrepreneurs from doing this, but raising the threshold will reduce the possibility of operation.

Therefore, this service definitely scratches the pain points of investors.

However, as soon as this news came out, the entrepreneurs below were a little discouraged.

After all, L Ben is very insecure about things like this.

Moreover, the data is a trade secret, and what will happen if competitors find out.

Although in the process of making products, plug-ins from third-party companies are generally used, such as push notifications and data analysis services, these third-party companies are actually secretly selling data.

But first, the data they obtained was not comprehensive and could not compare with Tongcao Technology.

Secondly, there are many such third-party companies, which are very fragmented and cannot become a phenomenon.

Therefore, entrepreneurs feel a little uneasy at this time.

At this time, Cao Shen spoke again:

“The data is a commercial secret, so the service is limited.

First, investors must sign a confidentiality agreement with the entrepreneur, and they can only make calls after obtaining authorization. "

Entrepreneurs immediately felt at ease. The initiative was still on their side. If they didn’t want to be shown, they could choose not to authorize it.

You can wait until the conversation with investors is almost complete, and then authorize during the due diligence process.

After all, due diligence also needs to provide data, but there is no way to beautify it.

However, there are more than 2,000 companies here, and there will be more in the future. Everyone is lazy, so it doesn't matter.

"Secondly, the entrepreneur will be notified every time the data is called. The number of calls is limited according to the confidentiality agreement between the two parties."

This is good! Some entrepreneurs have already begun to applaud.

This means that the data they provide are only "historical data" and the leaked business secrets are limited.

“Third, investors need to pay the startup company every time they call the data of a startup project.

The specific fees will be stipulated in detail based on the size of the data and the richness of the data type. "

"Okay!" Entrepreneurs agree with this point. After all, those who make third-party plug-ins are secretly selling their own data without paying! This also allows me to show it to myself and earn some income.

Investors have no doubt about these three points. After all, they just want data for reference. As for paying, it's just drizzle for them.

Tongcao Technology is great and thoughtful! The arrangements are clear!

This "Jianshen" product is so well made, you must use it immediately!

At this time, the logo of "Tongfu Bao" appeared on the big screen behind Cao Shen.

“This is a new payment tool launched by Tongcao Technology. Investors use this tool to pay for entrepreneurial projects.

The bank will automatically lend money according to the information flow provided by Tongfubao and when the conditions are met.

This tool is designed to urge investors to make money in a timely manner. "

Entrepreneurs like this very much. After all, there are shameless investors who make installment payments.

Sometimes, the next round of financing has begun, but some of the money from the previous round has not yet arrived.

I have to go all day long to collect accounts, and my circle is so small that I feel embarrassed to break up with them.

Most investors have no resistance to this product. After all, they have to pay money anyway, whether it is from a bank or Tongfubao.

Moreover, this can also urge entrepreneurs to quickly change their equity.

"Tongfubao will send the entrepreneur's bank statement to investors every month. When the entrepreneur needs to withdraw a large amount, the investor will be notified in advance and the loan will be issued after confirmation."

The investors are now happy. With bank statements, they can always understand the operating conditions of the project company.

Generally speaking, entrepreneurial projects only send out reports once every quarter, and they have to be pushed hard before they are sent.

Now, at least the bank accounts can be seen every month.

And this method can prevent those people who take money and do nothing properly, and just want to enjoy themselves.

"In addition, Tongfubao provides a bridge loan service with an annual rate of 11%, allowing companies with a US dollar structure to obtain RMB as soon as possible."

This service is actually very practical. Many early investment institutions are from the United States and they only have US dollars.

To receive U.S. dollars, entrepreneurs must set up a U.S. dollar company structure overseas, but this process usually takes four months to half a year.

In other words, they cannot get money during this period.

Bridge loans are meant to lend RMB to entrepreneurs during this period so that they have money to spend.

After the US dollar structure is established and the US dollars arrive, the money plus interest will be paid back.

“The handling fee for our Tongfubao is only 6%, and this handling fee covers all our services.”

Tao Qian heard this and murmured:

"He has set up all the structures, including project sources, investors, venues, payment..."

Xiao Gang kept smiling in his eyes and took a sip of tea: "Do you know why he doesn't want Obsidian's money?"

"Is he going to be an investment banker to make money from droughts and floods?"

Xiao Gang shook his head: "No, he must already have his own fund!"

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