<b>Chapter </b><b>313 </b>
Aubree took over at this point. “I’m sure you’re all aware of GrabCheap’s target demographic. We’re focused on the underserved, price–sensitive segments <b>of </b>the emerce market, prioritizing affordability and convenience. In today’s saturated emercendscape, there’s no room for us in the established spaces. Therefore, we’re aggressively carving out our niche in those overlooked and untapped areas.
“For us, the users are our top priority. Everything else is secondary. Our model can only truly thrive with arge user base, and current statistics show we’re excelling at this. Even now, our user base continues to grow by tens of thousands. With users on our side, everything else will naturally follow<b>. </b>
“It has only been a few months from our inception to full operation, yet in that short span, we have already delivered these impressive results. This is the strongest validation we can present to investors.<b>” </b>
The three representatives from Manchotech looked pleased as they exchanged knowing looks.
“But as far as we know, even with your seemingly substantial user base, yourpany is <b>still </b>operating <b>at </b>a loss, isn’t it?”
Aubree admitted frankly. “Unfortunately, <b>yes</b><b>.</b><b>” </b>
The Manchotech executives <b>were </b>surprised by Aubree’s candor. <b>This </b>admission would not work to GrabCheap’s advantage.
Aubree continued confidently, <b>“</b>Nothing <b>is </b>absolutely perfect. <b>In </b>the <b>early </b><b>stages</b>, investments may not <b>give </b>immediate returns. I’ll be honest upfront. We’re losing money now, and we’ll keep losing money in the short term. But I believe that’s nothing to worry about. Think of it as constructing a building. When you invest in quality foundation <b>materials </b>and make the foundation very strong, you will be able to build a tall, stable building that can withstand any winds of change<b>.</b><b>” </b>
The Manchotech executives exchanged approving <b>nces</b><b>. </b><b>Had </b><b>Aubree </b>shown <b>even </b><b>the </b><b>slightest </b>hint of evasiveness, defensiveness, or nervousness in response to their point, they would <b>have </b><b>to </b>reconsider the partnership.
If Aubree herself wasn’t confident in her own <b>project</b>, how could she possibly <b>convince </b><b>investors </b>to pour money into <b>it</b><b>? </b>
Aubree added, “As our former coborator, I’m <b>sure </b>your <b>data </b>corroborated our <b>explosive </b><b>growth</b>. And that was <b>purely </b>the result of our unteral early–stage investments. With Manchotech <b>as </b>the vanguard of <b>social </b><b>media</b><b>, </b>our coboration will only amplify these statistics exponentially.
“Right now, our marketing is all online. But <b>after </b>this round of funding, you’ll <b>see </b>our ads <b>everywhere</b><b>, </b>on TV<b>, </b><b>buses</b><b>, </b>and subways.”
Aubree presented her strategy eloquently. While she had capital<b>, </b><b>there </b><b>was </b>no <b>shortage </b>of <b>deep</b>–<b>pocketed </bpetitors. She knew that going solo wouldn’t be enough for GrabCheap to <b>secure </b>a significant share of the <b>e</b><b>–</bmerce market.
Birgitte then switched to the next slide.
Aubree gestured to the screen and said, “Take a look. These are our <btest </b>figures<b>. </b><b>Our </b><b>user </b><b>base </b><b>is </b>doubling almost <b>daily</b>, and both our order cement and fulfillment rates <b>are </b>remarkably high. These <b>are </b>confidential <b>statistics </b>that have <b>never been </b>shared publicly<b>. </b>Aside from our internal team, you’re the very first to see it. I believe this demonstrates our <b>sincerity </b>in this partnership.
“You have the capital, the extensive reach<b>, </b>and the talent. We bring <b>innovative </b><b>ideas </b>and a disruptive business model. If <b>we </b>join forces, it’s a win–win
scenario.”
The Manchotech executives <b>were </b>taken aback <b>at </b><b>what </b><b>was </b>shown on the <b>screen</b>. They had <b>severely </b>underestimated GrabCheap. If this coboration were to go ahead, calling it <b>a </b>multi–billion–dor <b>venture </b>would be a <b>gross </b>understatement.
“Are these numbers for <b>real</b><b>?</b>” one of the Manchotech <b>executives </b>asked skeptically.
The Manchotech executives expressed their skepticism <b>as </b><b>such </b><b>results </b>were unprecedented.
Aubree reassured them, “Every single figure we presented is 100% authentic! Who in his right mind would show his hand for others to scrutinize at will? The outside world wasn’t optimistic about her project due to its controversial nature.
Therefore, all eyes were on her<b>, </b><b>just </b>waiting for her to fall from grace and eager to have a goodugh at her expense.
Aubree then handed over a report detailing GrabCheap’stest data and updated strategic ns.