If Feng Chuan knew that this product still had a gross profit margin of 42.5%, he would be even more shocked.
He quickly thought that this might be a way to gain market share by selling at a loss, but this idea was immediately rejected by himself.
This kind of game of making money at a loss can only be played by large companies with abundant cash flow and no shortage of money.
Yuanjie Intelligent Control is a little-known company that appeared suddenly. I had never heard of such a company in the industry before.
· It means that this is a start-up company, and start-up companies certainly cannot afford such a marketing strategy unless they obtain huge amounts of financing in the primary market.
Feng Chuan recalled carefully again that no peer in the industry had recently provided a large amount of financing to a start-up company.
In other words, Metaverse Intelligent Control’s product can still be profitable if sold at such a low price, so it is impossible to lose money to gain market share.
The more Feng Chuan thought about this, the more shocked he became. He watched silently.
Looking at the hot buying atmosphere at the scene, he suddenly couldn't help but secretly said in his heart: "It really shouldn't be sold so cheaply. Even if it sells for two or three hundred thousand yuan with this technical content, it will crush the competitiveness of similar competing products. This pricing strategy is really unwise."
He began to feel sorry for Yuanjie Intelligent Control, thinking that selling it so cheaply was a huge loss.
However, it is not surprising that Feng Chuan has such an idea, because he is looking at it from the standpoint of capital and evaluating it based on the logic of pursuing profit maximization.
· Naturally, I feel that this price is a loss, and a big loss.
However, the logic of Luan's pricing of 20,000 yuan is to solve social problems, and then while solving social problems, the company can obtain reasonable profits from it, rather than pricing based on the logic of pursuing profit maximization.
Of course, if the export is sold to Europeans, that is a different matter.
As the rush to buy at Yuanjie Intelligent Control continues unabated, it has further attracted more people.
Including some industry colleagues, investors, and some media reporters also came.
This is the first time these people saw the bionic prosthetic robotic arm product of Metaverse Intelligent Control, and they were all as amazed as the people before them when they saw its powerful performance and flexibility.
Feng Chuan, who came out of the crowd, immediately said to the accompanying assistant: "Go and memorize the information immediately. I want to know the background of this company, especially the founder's information, so move quickly." We have raised several rounds of funds.”
The assistant nodded repeatedly: “I understand, I will do it right away.”
Feng Chuan had just seen several peers doing primary market venture capital in the crowd. After being shocked at the first meeting, they all looked at this company with golden eyes.
As a venture capitalist, Feng Chuan has realized that the unicorn temperament of this little-known company called Yuanjie Intelligent Control cannot be suppressed.
Let alone senior top VCs, even ordinary investors can see the potential of this company.
Looking at the popularity and rush to buy the company's booth at this moment, none of the more than 270 corporate exhibitors from more than a dozen countries in the entire exhibition are as popular as Metaverse Intelligent Control's booth.
The temperament of a unicorn seems to be the rhythm of soaring to the sky.
Feng Chuan can't wait to rush to the booth right now to have a good chat with the founder of Metaverse Intelligent Control about financing matters.
But he gave up the idea because he was very busy at the moment, and he had no information about the other party at all, and it was difficult to talk to him when he met.
…
That afternoon, a hotel nearby.
"Mr. Feng, this is some information about Yuanjie Intelligent Control obtained through preliminary back-up." Feng Chuan's assistant entered his hotel room and handed him a document he had brought.
Feng Chuan took the material but did not read it and asked directly: "What is the general situation of the company?"
His assistant immediately replied: "According to the information, Yuanjie Intelligent Control was registered and established in Jianing City. The company has been established less than half a year ago.
Feng Chuan, who was holding the materials, was surprised when he heard this: "You have produced such an advanced and mature product in less than half a year? Are you sure there is no problem with the background information?"
He was surprised and doubtful when he heard the report from his subordinates. In fact, at about the same time, many VC investors already had a copy of back-revealing materials related to Metaverse Intelligent Control in their hands and listened to the reports from their subordinates.
Feng Chuan's assistant said with certainty: "I thought so at first, but after repeated confirmation by my subordinates, this company was indeed established less than half a year ago."
Feng Chuan's assistant then added: "The founder of the company is called Lu An, who is the one at the scene. "Young man, there is a photo of him in the document." Hearing this, Feng Chuan immediately opened the document and looked at the photo. His assistant continued: "According to the background information, Lu An was born in 1991, he is 22 years old, and graduated from NPU this year. There is no information about his family background yet, and we are investigating."
"But Mr. Feng, Lu An is really not a simple person. He is an extremely rare genius. He should be said to be a generalist."
The assistant paused for a moment, and then said: "The data shows that Lu An published more than ten papers while he was in school, and they were all published in top journals such as Science or Nature. His papers were also cited a lot, which can be said to demonstrate Feng Chuan was surprised and said: "Oh? So awesome?"
His assistant continued: "He took more than a dozen majors such as artificial intelligence, bioinformatics, quantum physics, materials science, control engineering, aerospace engineering, electrodynamics, atomic physics, and electronic information, and all of them graduated with excellent results."
"It is said that many well-known technology companies are vying to hire this person with high salary. This news has yet to be confirmed, but judging from his performance during school, I think this is most likely true."
"Currently, he has rejected the solicitations of those large companies and founded the company Metaverse Intelligent Control himself."
After reading the background information for a while, Feng Chuan couldn't help but sigh: "No wonder he was able to produce such a high-tech and mature product in such a short period of time. This young man is really a rare genius, a Baidu talent. Such a talent has unlimited potential."
Feng Chuan seemed to be talking to himself after a while: "We have to find a way to invest some money in his company. Metaverse Intelligent Control also has unlimited potential."
Feng Chuan then asked: "What is the current equity structure of the company?"
The assistant immediately replied: "According to the information disclosed by Metaverse Intelligent Control, there is an organization that holds 15% of the company's equity. There is no public data on how much it has raised. However, this organization should be a nested vest. We are currently investigating, and it will take some time to penetrate to the bottom-level actual controller." Hearing this, Feng Chuan said: "Forget it, there is no need to check. God knows how many layers of nesting the other party intends to hide. It is not that easy for you to wear." Apart from this institution, does Metaverse Intelligent Control have any other institutional shareholders? "
The assistant shook his head and replied: "This is the only one at the moment."
Feng Chuan couldn't help but cheered up after hearing this: "It seems that it is not too late. Metaverse Intelligent Control should have completed the angel round financing stage, at most the Pre-A round. It must be in the company's A round of financing, and it is best to be the exclusive lead in the A round."
…
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