Rebirth: I have Monopoly System
Chapter 40: Establishment of Nirvana Technology
"Qi Fei, I’m heading to Rongcheng tomorrow," Wu Yun said from his car, updating her on his plans for the next few days. "My plan is all prepared, and I’m about to get started."
"What kind of company are you starting, anyway? Why won’t you even tell me?" Qi Fei asked, her curiosity piqued.
Wu Yun answered mysteriously, "You’ll find out soon enough. I’ll give you one hint: bicycles."
"Tch, so mysterious!"
.........
Wu Yun kept his navigation on, slowing down as it announced an upcoming speed camera.
’Exhilarating! Hitting 140 was so easy!’ Wu Yun thought excitedly, watching the speedometer drop from 140 to 120. Recalling how effortlessly he’d been weaving through traffic, he couldn’t help but marvel, ’Master Level driving skills and a supercar are a perfect match!’
The navigation system had estimated the trip would take an hour, but Wu Yun arrived in just 30 minutes. He pulled up to the Jingkai Technology Industry Incubation Park, just across the road from the Sichuan Normal University Chenglong Campus.
Tang Qiao from the park’s investment promotion office watched with a hint of envy as the Lamborghini slowly drove over a speed bump. Just then, his phone rang, the screen displaying "Mr. Wu."
"President Wu, hello! This is Tang Qiao. Have you arrived? Are you in the Lamborghini?" Tang Qiao asked as he saw the car’s window roll down to reveal a young man waving at him.
Tang Qiao was secretly delighted, knowing the chances of closing a deal today were high. A rich second-generation heir starting a business was guaranteed to have money.
Tang Qiao jogged up to the car. "President Wu, parking is in the underground garage. I’ll show you the way. Follow me!" With that, he started walking.
"Hey, wait. Just get in and give me directions. It’ll be faster," Wu Yun said, realizing that having Tang Qiao lead on foot would be a waste of time.
After helping Tang Qiao get into the car, Wu Yun followed his directions into the underground garage, winding through the lot until they reached the entrance of a unit.
Wu Yun parked and got out. Seeing Tang Qiao carefully trying to push the scissor door down, he chuckled. "It’s fine, use a bit of force. They aren’t soft-close doors."
"President Wu, please follow me. You contacted me yesterday about a finished office of around 1,000 square meters. We happen to have two available. I’ll take you to see them."
Wu Yun and Tang Qiao checked out the first unit. While very new, it showed subtle signs of use. It was also the only office on the entire floor that hadn’t been leased.
The second unit was on the top floor of the same building. The Phase One buildings here were only five stories high, so the two of them quickly reached the fifth floor.
"President Wu, this entire floor is 3,000 square meters. It’s been partitioned into two 1,000-square-meter offices and two 500-square-meter offices," Tang Qiao explained.
"Our Jingkai Technology Industry Incubation Park just opened in 2012, so we haven’t reached full capacity. This entire floor has never been used. If your company expects to grow, I’d personally recommend this floor. It’ll be very convenient to expand later on."
Wu Yun looked around the exquisitely finished office. He compared it to Xingyun Media’s old office and felt that, aside from being on a lower floor, it was no less impressive.
But what truly sold Wu Yun was Tang Qiao’s next statement: "President Wu, is your company in the tech sector? Our Jingkai Technology Industry Incubation Park specializes in that. The Rongcheng Government is currently offering strong support for high-tech industries, including major subsidies and other benefits. On top of that, our power grid and network infrastructure meet the highest national standards. Choosing us will give you a significant advantage over a typical office building!"
Wu Yun was very satisfied and settled on the place then and there: a 1,000-square-meter office for 40,000 a month in rent.
When signing the contract, Wu Yun didn’t want to waste time haggling. He generously paid a full year’s rent of 480,000, plus a 60,000 property management fee.
"Welcome to our park, President Wu. If you have any problems in the future, please don’t hesitate to contact us!" Tang Qiao said, shaking Wu Yun’s hand.
After thanking Tang Qiao, Wu Yun sent the new registered address and a scan of the lease to his registration agency.
"Received. Since it’s a high-tech company, we can get the business license within the week!"
High-tech companies are money pits. Without sufficient funding, you can’t grow, and no matter how compelling your pitch, investors won’t listen.
No wonder so many startups are holed up in small factories or apartments. Who else but Wu Yun could start by skipping the angel round and going straight to 20 million in registered capital?
With that thought, Wu Yun prepared to start hiring. An internet-based tech company, especially one in an emerging field like bike-sharing, most urgently needed operations staff, programmers, and maintenance technicians.
After all, Wu Yun’s goal was to create a bike-sharing service like the Mobike of the future, complete with GPS tracking and QR-code-based payments.
Wu Yun’s initial plan was to create the Little Red Car app. That’s right, Wu Yun named his bike-sharing company Little Red Car—the color of a Phoenix.
The app was crucial for the initial phase. It would be the foundation for an aggressive rollout of the bikes, allowing him to capture as much of the market as possible!
According to the bike-sharing development timeline provided by the System, Ofo was founded in 2014. Its founder, Peking University graduate Dai Wei, and four partners created Ofo’s Little Yellow Car to solve transportation issues on college campuses.
The data showed that Ofo’s Little Yellow Car was about to begin operations in the capital, and Mobike would officially launch in early 2016.
However, Ofo’s Little Yellow Car wouldn’t see its first round of angel investment for over half a year, which gave Wu Yun a relatively comfortable amount of time.
But time was money. Launching early to capture the largest market share and then pitching his story to investors was the only path that mattered.
That’s right, Wu Yun’s ultimate goal was to sell Little Red Car. After all, the bike-sharing industry had a clear ceiling; its growth potential was limited.
For the next several days, Wu Yun was busy recruiting employees and coordinating with the agency to register the company.
With 20 million yuan in paid-in capital, Wu Yun gained another 20 million experience points, and his account balance dropped to 31.7 million.
Every evening, Wu Yun would head over to Wu Ying and Jiang Xinyi’s apartment to watch the two women put on different fashion shows, giving him a unique experience each night.
Of course, as a self-styled master of time management, his daily chats with Bai Yue and Qi Fei were an indispensable part of his routine.
On the business front, Wu Yun visited Rongcheng’s recruitment markets and used online classifieds to hire twenty programmers and ten marketing and operations staff.
Since overtime was the norm for an internet company, Wu Yun hired four receptionists to work in shifts. He also hired several young women for administrative tasks, as well as a male secretary.
Wu Yun understood the principle of not fouling your own nest. A boss’s every word and deed affects company culture. He didn’t oppose office romances, but if he caught anyone just messing around, he’d fire them on the spot—no exceptions.
Of course, finance and HR staff were also necessary.
Within a few days, Rongcheng’s Nirvana Technology Co., Ltd. had 50 new employees, right down to the two cleaning ladies who were hired last.