The rise of heroes begins with Hong Kong movies
Chapter 132
Time flies, and a few days pass in the blink of an eye.
As time goes by, Prudential Education is becoming more and more popular in the education and training industry on Hong Kong Island, but the side effects are not small and the pressure it faces is also increasing!
The first is the fishing boat offensive, and various rumors are rampant.
These rumors include those who want to acquire Xincheng Education, and other educational institutions who want to join forces to interrupt Xincheng Education.
There are so many kinds.
Secondly, and more importantly, substantial targeted actions are coming!
The most direct way to target it is to follow Xincheng Education step by step, or even go further than Xincheng Education.
Are you a junior high school or high school tutor with Xincheng Education?
OK, we do it too!
Are you conducting Xincheng Education offline and online at the same time?
OK, we do it too!
Do you charge 5% commission for Xincheng Education?
Oh, then we won’t follow suit, because we only charge 3%, 2.5%, 2% commission, or even 1% commission, or even charge no penny.
To put it simply, it’s two words – burning money!
This is not the 1980s or 1990s. Mainland Internet companies have already mastered the use of money-burning tactics.
The first step to burn money is to rely on unparalleled financial resources, through continuous losses, to outlast other companies, to continuously compete for territory, and to expand your market share as much as possible.
The second step of burning money:
After defeating most of the competitors and becoming the dominant player in the entire industry, start raising prices and make back all the money you lost in the past few years!
Today's people, especially the top businessmen, who are not well-informed?
It’s okay to be well-informed, but there is no shortage of courage and courage.
They are now also preparing to use these two money-burning steps to completely defeat Xincheng Education and even other competitors in the industry!
As long as you have enough money, it's definitely possible!
Compared with those companies, Xincheng Education definitely doesn't have much money. The only advantage is that other companies have just started to do it and it will take at least three months to go online.
This also means that Xincheng Education has gained three months to a year of breathing space.
Furthermore, as the first company in the education and training industry to seize the opportunity, it has taken the lead and has the best brand, so it still has some advantages over other companies.
Brand, visibility, of course this is very important!
So what can Xincheng Education do?
Waiting for death?
Of course not, neither Huo Lingyun nor Lei Yuting are people who sit still and wait to die.
In fact, when the landscape of education and training industry in Hong Kong underwent earth-shaking changes, venture capital companies sensed opportunities and came to Prudential Education to discuss cooperation with Huo Lingyun and Lei Yuting.
Among them, there are even some well-known international venture capital investors, who have given a lot of money.
The only drawback is that they are too greedy!
Either they want to completely control Xincheng Education and dominate the future development of Xincheng Education, or they want to occupy more shares with the intention of squeezing Huo Lingyun and Lei Yuting's shareholdings to less than 10%.
This is equivalent to paying for themselves to turn Huo Lingyun and Lei Yuting, the two founders of Xincheng Education, into high-level wage earners.
But the money given is really a lot!
The one with the most plans to continuously inject capital into Xincheng Education in stages. The total amount in the three stages even reaches a terrifying 1.2 billion!!
The current valuation of Xincheng Education is only between 120 million and 200 million.
Huo Lingyun and Lei Yuting naturally couldn't accept that the trees they had worked so hard to plant were already blooming and about to bear fruit, but these venture capitalists took advantage of the situation and jumped out to pick the fruits at this time.
Decisively refuse!
Yes, the reason why these venture capital companies dared to lower the price so harshly is because they saw the huge crisis that Xincheng Education is currently facing.
In their view, Xincheng Education has no choice but to accept their capital injection. reject?
It doesn't matter, just keep waiting.
Resistance?
It depends on how long you can carry it on. When the situation worsens and you can no longer carry it on, the cost of winning Xincheng Education will be even smaller!
Not selling life or death?
Ah!
How can this be!
The final outcome of refusing to sell is death!
Under the influence of comprehensive factors, Xincheng Education is currently in a precarious situation. It can be said that it is ambushed from all sides and full of crises!
The entire education and training industry in Hong Kong is waiting for the final results and the success of Prudential Education.
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