Chapter 695: Chapter 484: Shen Qingning’s Special Day
The eting room fell into a brief silence.
Even Yue Dongyi thought Cheng Zhu was being a bit too direct.
But it was hard, solid fact.
There’s a saying “where you sit determines where you stand,” and those present weren’t the ones to be insulted by it, because they were capital, not the pitiable working class.
At that mont, Yue Dongyi and Wang Zeng exchanged a glance.
Both middle-aged n felt that the young man in front of them didn’t seem to be under twenty.
His words, though harsh and realistic, truly represented the societal developnt trend for the next few years.
These years have been severely affected by involution.
All sorts of “rolling up,” even glorifying it.
Leaders also liked to gaslight and lure with false promises, and many people took the bait.
Like Cheng Zhu said, “an overworked ox or horse will treat itself to a cup of coffee or milk tea,” a widespread phenonon indeed.
And such oxen and horses would only increase in number.
Sotis this world is just that fucked up.
When you go shopping, the salesperson tells you: labor costs are high.
But when you go to work, you are only—a cheap labor force.
Of course, all this wasn’t within the considerations of these investors.
All they knew was that many people drank milk tea and coffee to stay energized, and so did so to reward themselves for hard work.
The real root cause behind this didn’t really matter.
What mattered was the demand was increasing year by year, and the market outlook for milk tea was getting better with each passing year.
The value of labor hadn’t increased much over the years, but the traps of consurism were multiplying.
Many high-end consur industries were thriving because they could make money from the pockets of the youth.
The characteristic of [new consumption] turned out not to be new, but expensive!
Unfortunately, in the “consumption downgrade” that would happen a few years later, these industries would all face a backlash!
Next, Cheng Zhu continued to discuss the prospects of Youu Tea based on his not-so-spectacular PPT.
“Starting this year, the usage rate of Huabei will begin to soar.”
“The purchasing power of young people will start to expand further!”
“I believe everyone here knows that I am also in e-comrce.”
He paused slightly because the faces of the other three n present all showed a tacit smile.
However, his next sentence made Yue Dongyi and Wang Zeng pause.
“I predict that this year’s Taobao Double Eleven sales will exceed 90 billion!”
My goodness, you’re selling a QQ product and already start forecasting this year’s Double Eleven sales?
But it just so happened that these two investnt moguls were well-acquainted with so people at Alibaba, and they were aware of Alibaba’s internal expectations for this year.
Against expectations, Cheng Zhu continued, “In addition, I predict that this year the consumption proportion of the post-90s will exceed that of the post-80s for the first ti!”
“I’ve ntioned this to Mr. Yue before.”
Yue Dongyi nodded.
He was actually a bit curious, was Cheng Zhu also well-acquainted with people at Alibaba?
His estimates were bold, but also sharp!
Cheng Zhu concluded, “That’s why, in these past years many have been talking about [new consumption], the new isn’t just the products, but also the consurs!”
“I believe the capital market, from last year to this year… um, especially this year, must have felt it a bit!”
“Young people dare to spend money!” Cheng Zhu raised his tone slightly.
This statent hit the nail on the head for Wang Zeng.
Otherwise, he wouldn’t be so focused on the consur market, always keen to invest in consur goods.
Cheng Zhu thus discussed the future prospects of Youu Tea for about ten minutes with strong persuasiveness.
Actually, pulling in investnts is a technical job.
Boss Jia should have quite an authority on this.
In his previous life, Cheng Zhu had specifically studied so of Boss Jia’s videos to learn his techniques and speaking skills.
Just that he didn’t know when Boss Jia would return to the country…
When Cheng Zhu had finished presenting, Yue Dongyi and Wang Zeng each asked a few questions.
Cheng Zhu responded to each with fluidity.
Moreover, he was not vague in his responses; his tone was always certain, expressing strong self-confidence.
After the eting, Shen Qingning and Shen Minglang stayed in the eting room, while Cheng Zhu escorted Wang Zeng and Yue Dongyi out.
Both of them suggested he only needed to accompany them to the elevator.
Entering the elevator, only Yue Dongyi and Wang Zeng were left inside.
Wang Zeng glanced at him curiously and asked, “When you initially invested in Youu Tea, were you investing in the project or the person?”
There was an undertone of appreciation for Cheng Zhu in his question, or else he wouldn’t have voiced it.
Yue Dongyi replied directly, “Both.”
He believed Wang Zeng must now be envious of him, as well as envious of Pulin Capital.
Being part of the first round of financing maintained terrifying return prospects.
Wang Zeng curiously inquired further, “What’s your valuation expectation for Youu Tea two years from now?”
Yue Dongyi simply stated, “At least ten billion.”
“A ten-billion valuation tea beverage brand?” pondered Wang Zeng.
A year ago, this was sothing no one would have considered, and capital wouldn’t have dwelled on projects like milk tea shops, let alone envisioned a ten-billion valuation.
Don’t you see what kind of projects have a ten-billion valuation on the market?
But now, he couldn’t be quite so certain.
“It doesn’t seem impossible.”
…
…
Elsewhere, after sending off Yue Dongyi and Wang Zeng, Cheng Zhu didn’t rush back to the eting room but first went to the restroom to wash his face.
The ice water washing over his face refreshed him sowhat.
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