The Growth of the Richest Man

Chapter 57: Established Renrendai

Wang Congcong admired Zhang Yong very much, so he cut off a whole wolf’s leg with a claw knife and gave it to Zhang Yong: “Director Zhang, it is my blessing to know you, now I am no longer the **** in the eyes of others, I have become A big star. This wolf’s leg is for you!”

This “roasted whole wolf” weighs more than 100 kilograms, and the wolf leg cut by Wang Congcong weighs more than 10 kilograms. Looking at such a fat wolf’s leg, Zhang Yong’s saliva is about to drip. The wolf’s leg took a sip, “Wow, it’s so hot!”

“Just baked, Mr. Zhang eats slowly.” Tang Mingming said as if.

“Director Zhang, I heard from Mr. Tang just now that the Kublai Khan Film and Television City is a little difficult to fund. Is it true?” Wang Congcong is still very puzzled about this question. Every movie and TV series has made a lot of money. , Director Zhang Da, who has always been rich and powerful, when will he run out of money? “I’ve been abroad for these years, and the pocket money my dad gave has not been spent. Now there may be more than 20,000 yuan left. Otherwise, even if I make an investment, vote for Kublai Khan Film and Television City. Still very emotional.”

Wang Le is also quite rich, “I can also invest 20 million.”

The brothers Wang Le and Wang Congcong are still interesting enough, and they have a lot of money, but Kublai Khan Film and Television City invested a lot in the later stage. That little money, really speaking, is a drop in the bucket, and because the later investment cycle is relatively long, there may not be a return on investment so quickly. The “little” money saved by the two of them should not be used for this obvious lack of liquidity. project is on.

“Many thanks to the kindness of Master Le and Master Cong, but at the moment, Kublai Khan Film and Television City still has enough money for the time being. Why don’t we invest in other businesses?”

“What kind of business did Director Zhang introduce? Are you planning to make movies? Investing in Director Zhang’s movies is a guaranteed profit.” Wang Le was very interested in what business Zhang Yong was talking about.

Of course, investing in Zhang Yong’s movies is sure to make money, but the money that can be made by investing in movies is a bit too much. Zhang Yong is still reluctant to share this piece of the pie.

The project Zhang Yong wants to invest in is a P2P online lending platform.

P2P is the abbreviation of English peertopeerlending (or peer-to-peer). . What Zhang Yong wanted to do was to develop a P2P online lending platform, as a bridge between investors and borrowers, to match them and earn interest rate differentials.

Wang Le and Wang Congcong didn’t know much about what P2P is, but what they didn’t expect was that Tang Mingming’s understanding of P2P was deeper than Zhang Yong’s, “Mr. Zhang, I didn’t expect you to understand such advanced concepts. P2P Borrowing is a new thing that only appeared in my country last year. Last year, there was a company called CreditEase, which did a good job in this regard. The platform for auction loan, although this industry has just started, but the water is also very deep. And borrowing, there are bad debts, this risk control is a big problem.”

Wang Le heard it, and probably understood; “It turns out that President Zhang said that he would set up a usury company. This is very interesting. I will participate!”

“…It’s not a usury company, it’s a legal online loan platform.” Anyway, Wang Le and Wang Congcong have no opinions, so they can be set up. As for the fact that they can’t understand it for the time being, it doesn’t matter. After the platform is listed in the future, they will will know.

“One of my subsidiary ‘Renren Technology’ has recently developed an application called ‘Renren Wallet’. In the future, this online loan platform will be called ‘Renrendai’, which can be used as a function of Renren Wallet. Promote it.” Zhang Yong said, “The Renrendai Company will be established by Young Master Le, Young Master Cong, and me. Each of them will invest 20 million yuan, with a total registered capital of 60 million yuan. What do you think of Young Master Le and Young Master Cong?” The second round of broadcast rights and network share of “Love Apartment 2” have been received a lot recently. If Zhang Yong is only 20 million yuan, he can still get it.

“One-third of one person, yes, you can make money together, and lose money together, you can.” Wang Congcong said.

“Director Zhang will take the lead, we will definitely come. Anyway, even if we lose everything, we still can’t starve as a star with Director Zhang. If there is a drama in the future, we still have to find the two of us to shoot.” Wang Le also agreed. .

“Haha, you are the most outstanding actors. If you are not allowed to act, then how could someone watch the film that was made? For future films, as long as you are free and have time, we will find you first.” Zhang Yong boasted about Wang Le and Wang Congcong for a while, and the two agreed in a confused manner. UU Reading www.uukanshu.com

CreditEase (later “Yirendai”) and Paipaidai in the previous life both developed into large P2P online loan companies, and both were listed overseas, but at this time both companies were still in their infancy. Paipaidai only has an initial capital of 2 million, which is only enough to build a house, hire a few employees, build a website, and even the cost of publicity.

However, the Renrendai that Zhang Yong is going to set up has a strong fund, 60 million yuan, plus the background of Yongchang, Wanda, and Wangfu Century. Much bigger than those small platforms.

Moreover, this time, Zhang Yong came up with some tricks to deal with those competitors:

In this era, online loans on other platforms are simply matching transactions and charging fees from them. However, Zhang Yong’s platform not only matches transactions, but also guarantees principal and interest. If the borrower is overdue, the principal and interest that should be charged by the lender shall be paid by the platform in advance. ! This concept of advance payment still does not exist in this era. It appeared first, and it will not be until 2010, so when this concept comes out, it can definitely cause a sensation. And this is still a conspiracy. Although there will be certain risks in advance payment, as long as the bad debt rate is controllable, there will definitely be profits. And like CreditEase and Paipaidai, do they want to plagiarize? Companies run by poor people have no money to pay in advance!

Because Renrendai’s platform has a relatively high credit rating, there is still a risk that there are too many investors and insufficient borrowers, and investors cannot grab the loan target, which will seriously affect the lender’s borrowing experience. But this situation is the best thing to do. Now, isn’t Zhang Yong himself the one who lacks the most money? As long as there is money, if no one really needs to borrow it, he can borrow it himself.