Rebirth of a Top Student's Handbook
Chapter 149 Preparing to Cash Out
"With such a large number of users browsing every day, our servers also need to be upgraded!" Chen Sheng said with a furrowed brow.
Zhou Min, who was looking through the platform data, replied without looking up, "Then let's upgrade!"
Even Zhou Min herself hadn't expected the platform to have this data.
Even in later generations, in an era where mobile devices are almost universally available, it would be a pipe dream for an online education website to achieve this data.
This is the dividend of our times!
In the early days of online education, in an era when the internet was not yet widespread.
Zhou Min and his team suddenly launched such a gimmicky online education website with top-notch teaching resources and mature functions. How could it not become an instant hit?
"The problem is, we're out of money!"
Chen Sheng has been in charge of the company's operations during this period, and many funds have been disbursed through him.
In addition, Zhou Min had previously revealed her financial situation, so Chen Sheng was well aware that Zhou Min's account was empty.
"Have you used them all up again?" Zhou Min asked incredulously.
Including the last time, Zhou Min has borrowed more than 1400 million yuan from her father.
Fortunately, Zhou's father was in the hotel business, which provided a steady stream of income; otherwise, the cash flow would have dried up long ago.
Zhou Min never expected it to exceed the budget by so much.
"Didn't you recently recruit a new batch of teachers? They're all provincial top scorers and gold medalists. Plus, our recording software has been upgraded, so now each of them can record 10 lessons a day! That's incredible!"
As Chen Sheng continued, he couldn't help but feel a little envious.
These people charge very high fees per class, at least 230 yuan per class.
These people record at least 10 lessons a day. Based on the hourly rate, their minimum daily income is 2300 yuan, and their monthly income is at least 7 yuan.
So these people have completely gone mad; they're now treating the company like a cash cow!
"So many? How's the quality of their courses?" Zhou Min asked, frowning.
Her original plan was that these people would need to organize the course content themselves, and there would be errors in the recording and rework, so they could only complete four or five lessons a day at most.
It was for this reason that when many people on the forum revived their original recruitment post and eagerly applied to sign up, Zhou Min recruited a second batch of recording teachers.
Upon hearing this, Chen Sheng said with a helpless expression, "It's alright, nothing special!"
Although Chen Sheng also wanted to criticize their work, the fact is that they can easily find the basic logic and standardized process of some things.
Then, it takes very little time and effort to replicate these contents.
After Chen Sheng finished speaking, he began to observe Zhou Min's expression and saw that she finally began to show signs of anxiety.
Chen Shengcai casually remarked, "I've been getting a lot of calls from venture capitalists lately."
When the company was registered, because Zhou Min was underage, the legal representative information was registered under Chen Sheng's name.
Now, with the explosive growth of online education websites, Chen Sheng is naturally the one who has been constantly harassed by venture capital firms.
After being harassed so much, Chen Sheng went from being unwilling at first to being tempted now.
Upon hearing this, Zhou Min shook her head without hesitation and refused, saying, "Let's not! We're in the prime of our potential right now, and it would be too much of a loss to raise funds at this time."
"But we're out of money!" Chen Sheng had to remind them again.
Although Zhou Min's family has made a lot of money in business, Chen Sheng could roughly guess from the amount of money Zhou Min had taken out these past few times that this was almost Zhou Min's limit.
Zhou Min paused for a moment upon hearing this, but finally said reluctantly, "Let's cash out now!"
"Huh? So early?" Chen Sheng asked in surprise.
Zhou Min had previously discussed her future monetization plans with Chen Sheng.
Chen Sheng was also quite impressed by the dazzling monetization methods proposed by Zhou Min.
But while it's one thing to agree in one's heart, Chen Sheng still felt it was a bit too hasty to start using these monetization methods so early.
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