Ordinary Road 2010
Page 251
But Liu Jianni put forward a different opinion, thinking that Lin Yi still needs to increase his popularity as much as possible, and getting some important commercial honors is good for Wanli Travel to maintain exposure and a positive public image.
After all, the personal image of the entrepreneur is often related to the brand value of the company.
Therefore, the company's public relations team was responsible for the arrangement, and Lin Yi still received a group of media and reporters. This 20-year-old young CEO has truly become a celebrity in the business world.
Chapter 456
During the interview, Lin Yi was asked the most questions. In addition to why Wanli Travel reached a valuation of US$40 billion in a short period of time, another topic that people are very interested in is naturally his net worth.
Although as a non-listed company, the equity structure of Wanli Travel is not disclosed to the public, but this account is not difficult to calculate.
With a valuation of US$40 billion, as long as his shareholding ratio exceeds 25%, it means that his personal net worth has exceeded US$10 billion.
Wanli Travel has only publicly done two rounds of financing, and the 25% ratio will not be a problem at all.
This is an important threshold, not only because more than this amount is eligible to be on the "Forbes" rich list, but also means that it is enough to be called the top rich in any country in the world.
Therefore, even the more rigorous financial media did not hesitate to use the title of "the youngest self-made billionaire" when reporting on him.
The female reporter sitting across from Lin Yi asked with a smile on her face: "Mr. Lin, can you tell us about your current net worth? I think many readers are as curious as I am."
This female reporter is not only good-looking, but also very professional. During the interview, she looked directly at the interviewee.
However, apart from being polite, it seemed that there was a sense of admiration and admiration on purpose, and he leaned forward slightly and unconsciously leaned towards the other party.
It's not the first time Lin Yi has answered this question recently, and he's already taken it easy. He skillfully plays Tai Chi to deal with it:
"I, my partners, and even our entire entrepreneurial team did not regard economic returns as the fundamental purpose of entrepreneurship."
"We never calculate how much each of us is worth, and we don't take this as a factor in our company's financing."
"The valuation that the company has reached is more like a reward and praise for our work some time ago."
"One of the most notable signs is that so far, the entire management team of the company has never made any cash out during the financing process, or sold the equity separately for profit."
"In the words of our new friend, Mr. Zhang Lei from Gaoling Capital, we should be friends with time. We believe that Wanli Travel will gradually reveal its true value in the longer-term development process."
Of course, the information Lin Yi gave was true, but the reason why there was no cash out was because the company explicitly prohibited it, and he and his senior sister set an example, so no one thought about it.
The female reporter was a bit regretful, because this answer was quite satisfactory, there was nothing wrong with it, but it was high-sounding, and had no news value.
What's more, the young rich man doesn't seem to respond to her hints.
But she doesn't seem to give up easily, she must ask for some exclusive news:
"Mr. Lin should be only 20 years old this year, right? There is also a lesser-known identity who is a sophomore from Jingdian."
These words sounded like they were about to ask about their study career, but unexpectedly they turned in an unexpected direction: "We are all curious, what requirements does Boss Lin have for his future spouse?"
Ok?
Lin Yi was sure that this was a question that wasn't included in the interview outline, but the topic seemed too sensitive in his own capacity, so he didn't make a special trip to stop the interview, but answered succinctly after a short consideration:
"Elegance, wisdom, and tenacity. If there is a person who can bring together all the good qualities and qualities, I will certainly appreciate it. If so, I believe that he will be the most ideal partner in work and life."
This paragraph is actually just a polite remark, but Lin Yi made a special patch:
"Of course, at this stage, my team and I will only consider the development of Wanli Travel as the first consideration."
Because he has come into contact with a lot of media recently, Lin Yi quickly put this small twists and turns behind him.
So he naturally wouldn't find out that the female reporter didn't add what he purposely added when writing the report.
……
This wave of publicity for Lin Yi and Wan Li's trip lasted until September.
The reason why the temperature began to cool down is because the previous efforts have been very strong, and on the other hand, there are new hot spots for the media to report.
Cheng Wei and Liu Qing returned home.
Lin Yihui knew this, not because these two people invited him to drink tea in a friendly manner, but because they held a high-profile press conference and announced that Tudu Taxi had completed the D round of financing with an amount of 7 million US dollars.
Another bombshell!
A month later, the taxi-hailing industry once again broke out with huge financing, which is undoubtedly the top stream in the Internet entrepreneurial circle this year.
Wanli travel and tutu taxi one after another, one [-] million and one [-] million, it sounds like nothing special.
But you must know that since 2010, the thousand-regiment war has attracted much attention. As the top two, each group and Dianping’s last round of financing a few months ago was only [-] to [-] million yuan!
Wang Xing sent a message to Lin Yi and joked: "If I had known this before, I wouldn't have done any group buying and should be a taxi-hailing software."
Of course he was joking. Although there was only a two-year difference between 2010 and 2012, the environment for starting a business was completely different.
When each group started, it was still a website, but the taxi-hailing software appeared in the form of an APP from the very beginning, completely dependent on smartphones.
Dudu’s announcement was extremely high-profile this time, and he also took the initiative to disclose a lot of other information. For example, in addition to Goose Factory’s continued follow-up investment, the new investors in this round are DST and Temasek.
DST is an outlier in the international venture capital circle, because its capital background and managers come from Russia, which is very rare in the circle.
But there is no doubt that DST and his family member Milner are very discerning investors, and they have had sufficient success stories in countries on both sides of the Pacific Ocean.
The characteristic of his investment is that he does not seek control of the company, does not ask to join the board of directors, does not participate in the company's daily operation and strategic decision-making, and pursues high returns very purely.
This "hands-off shopkeeper" style of investment will obviously be welcomed by entrepreneurs. Based on his own special background, there is no need to worry that he has bad intentions, which will make him a lot of money.
As for Temasek, which is an old name for Singapore, the company is one of the world's most active and successful sovereign wealth funds.
In short, these two institutions are big-name investment institutions no less than Gaoling Capital, and their status in the world is fully worthy of the attributive "internationally famous".
With the platforms of these two companies, the investor lineup of Tudu Taxi this round can be called luxurious.
At the press conference, as the host, Liu Qing also specially emphasized:
"In fact, there are more investors who are very appreciative of Tutu Taxi, and have been contacting and discussing investment matters with us. We will continue to maintain communication with them."
This is obviously aimed at the fact that Wanli Travel raised 8 million yuan and Dudu took 7 million yuan.
No matter how much of this is true or not, Cheng Wei and Liu Qing's attitude of never giving in to Wanli Travel in all aspects is already accurate.
Like the previous Wanli trip, Dudu also took the opportunity to launch a large-scale media campaign, and Liu Qing soon appeared on the China TV talk show.
Unexpectedly, some media even wanted to invite Lin Yi and Cheng Wei to have a conversation, but they were rejected by both of them without a doubt.
They don't want to act hypocritically, nor can they quarrel in broad daylight.
The media that didn't get the melon had no choice but to play on their own regretfully, throwing out "After the subsidy war, there will be a publicity war. When will the car-hailing industry's grievances and hatreds rest?" "Crossover.
Chapter 457 As long as I'm not embarrassed
The high profile of the toot trip is also beneficial to Lin Yi.
That is, the employees who started to float some time ago were forced to realize that traveling thousands of miles is far from the time when they can unscrupulously clamor "I am the best in the world".
Naturally, Lin Yi would not let go of this opportunity, and repeatedly emphasized that judging from the financing situation of Dudu Taxi this time and the subsequent momentum, it cannot be said that it is eyeing a tiger, it should be said that Sima Zhaozhi's heart is well known.
In fact, from a business point of view, the situation of traveling thousands of miles is not so critical.
Li Moyan reported on the situation of the private car business since its launch in August:
"Because we were the first to go online among the three companies, and we increased our investment immediately after the financing was received, so our current share in the private car market is relatively optimistic."
"Specifically, as of now, our advantage in the private car market may be even more significant than in the taxi market. We can suppress Tudu in northern cities and Kuaidu in southern cities."
"Of course, after this round of financing is successful, Dudu believes that more funds will be invested. We will keep a close eye on this and adjust operating measures in due course."
Although Lin Yi told the media before that he would not restart the subsidy war, this was also a tacit understanding with Dudu and Kuaidu when the war ended.
But everyone has got so much money, if they don't spend it, is it stored in the bank to earn interest?A little movement is inevitable.
"How about Uber?"
It was Li Moyan who answered: "According to our market research, Uber's popularity and acceptance in first-tier cities are relatively high, and its market share is relatively considerable."
"However, Uber has not continued to sink so far. In terms of coverage, it is very different from us and Dudu Kuaidu. For the time being, it does not pose a major threat."
Lin nodded. Although they are all opponents, it is necessary to distinguish between long-term concerns and short-term worries.
He turned to the other side: "We and Dudu have already received this round of financing, so it's impossible for Kuaidu to remain indifferent?"
This question is answered by Liu Jianni, who is responsible for monitoring and regularly reporting the dynamics of the capital market.
"Kuaidu originally had a C2 round of financing plan with a relatively small amount, but we changed the plan as soon as the results of our US$8 million financing were announced, seeking a large-scale financing of at least US$5 million."
"As soon as Dudu's 7 million US dollars came out this time, Kuaidu became even more anxious. According to the exact information I got from my friends in the venture capital institution, now it is factory A that directly talks about Kuaidi's financing."
She added: "Factory A is very strong, and the intention of making a quick decision is obvious."
Kuaidu has gradually lagged behind Wanli Travel and Dudu Taxi in the cycle of more than half a year. The efforts of many parties are still ineffective. It should be said that the financing is not smooth.
Everyone knows that Factory A is the general backstage of Kuaidu, but Factory A jumped to the front desk regardless of face, which also reflects their mentality.
That could be bad news for traveling thousands of miles.Because if factory A comes forward, it will help Kuaidu's financing no matter what.
But Lin Yi had a different opinion. He thought it might be time to realize what Zhang Lei was bragging about.
Thinking of this, he ordered: "The matter of Kuaidu is the focus of our attention in the near future, so we must pay close attention to it."
Liu Jianni nodded solemnly.
Originally, she was relieved to get the 8 million US dollars from Gaoling Capital. This was her first battle after joining Wanli Travel. Although she experienced a bit of twists and turns in the United States, she finally got an ideal result.
Whether it was for the company or Lin Yi who invited her, Liu Jianni could have an explanation, and she was worthy of the $2000 million worth of management equity she received.
Oh, it's more than 2000 now.
However, as soon as the 7 million U.S. dollars for Tutu Taxi came out, her nerves were tense again. Even if Liu Qing said "more investors are in contact" as a bluff, the amount itself is compared with the price of Wanli Travel. $8 million is not far behind.
What's more, their lineup of investors is equally luxurious.
Liu Jianni and Liu Qing have known each other for a long time, so they don't have much personal relationship, but after this battle, they are already very afraid of that woman.
Although the matter of financing depends first on the company's endowment, Dudu's success in this round of financing will not be due to Cheng Wei.
In short, she has been under a lot of pressure recently.
……
Something has happened during this relatively quiet period in business.
In the southern port city, a group of useless youths started to make trouble under the organization of a few rogue-headed ghosts, and they made a lot of noise.
Lin Yi, who had experienced it for the second time, didn't care too much, because the thing they had been tracking before was finally considered to be the boot.
Following Wanli Travel and Kuaidu Taxi, Kuaidu also announced the completion of the D round of financing with an amount of 6 million U.S. dollars, and also swiped a wave of screens.
As the saying goes, as long as I am not embarrassed, it is others who are embarrassed.
Although many people have seen Kuaidu's guilty conscience and flaws through the results of this round of financing, they still have to sing battle songs with great energy and imitate Wan Li and Dudu's appearance to make a big splash.
How can I see it?
Laymen watch the excitement and experts watch the doorway. People who eat melons just lament that the taxi-hailing industry really has "immeasurable money" for the successive large-scale financing, but Lin Yi and Liu Jianni obviously saw something else.
"Very hasty."
Liu Jianni faithfully performed her duties, "Although Kuaidu's US$6 million in this round is not much different from the other two in terms of amount, it is only a month apart from each other in terms of time."
"However, the investor lineup shows timidity. Kuaidu's 6 million US dollars came from Softbank, Tiger Fund and A Factory."
"Factory A was Kuaidu's most important strategic investor before. Needless to say, there is no need to talk about the relationship between the two. If it is a regular follow-up investment, there is nothing worthy of special attention."
"The relationship between Softbank and Factory A is well known. Although there was an unpleasant quarrel when Zhifubao was spun off before, the two are still very close, especially in terms of investment strategy, they often work together and are responsible for capital and business respectively support from above."
"It's normal for a company that is optimistic about Factory A to recommend to Softbank and get investment from the other party. It's just that Kuaido's current performance is unspeakably excellent."
"Tiger Fund is more interesting. Of course, it is also a very well-known investment institution. It seems to be a completely market-oriented investment decision."
"But in fact, Factory A was listed on NASDAQ in September. Because of the large discount given to the issue price, the IPO surged by more than 9% on the day of IPO, which made investors very satisfied."
"Among them, it is said that the Tiger Fund got a big piece of cake here, and it can basically be confirmed that it is not groundless."
"If this is the case, it is entirely possible that Tiger Fund's investment is a reward or an exchange of benefits for Factory A."
"That is to say, the only investor who has nothing to do with it is actually paying for the face of Factory A."
A smile appeared on Liu Jianni's face, and she gave her conclusion: "It can be said that this round of financing of Kuaidu Taxi is the team building of the capital of the A factory."
"Four words, entertain yourself."
Chapter 458 Lin Yi's Persuasion to Surrender
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