Chapter 1157: What Is a Billion Dollars, This Time I Want Ten Billion Dollars

"Not bad, not bad, everyone's performance in the last three months has been OK."

In the blink of an eye, the time is 2007.

During the last few months of 2006, Didi Taxi was insane.

$1 billion is like paper, smashing into the market like crazy.

Accidentally, the $1 billion was really spent by Cheng Wei, Liu Qing and the others.

Although this seems too prodigal, even willful.

But to be honest, for Chen Yu, this is not the case.

In the previous life, when Didi and Uber and Kuaidi competed with each other, they were as crazy as they are now.

They also continued to subsidize with a lot of money before opening the market.

It's just that Chen Yu put forward this money-spending model that looked like a prodigal.

"Mr. Chen, there is something more troublesome."

"What's the trouble?"

"The investment firm represented by Goldman Sachs is coming to the headquarters."

"Afraid of what they will do."

"They are investors after all, and they have the right to intervene with our $1 billion investment."

"They do have the right to ask questions, but they are just asking. Besides, the money is in our hands, and we can spend it as we want."

"That said, but..."

"When are they coming?"

"tomorrow."

"Okay, I'll show up tomorrow."

the next day.

A group of investment representatives from Goldman Sachs went to Didi’s headquarters.

However, when they saw Chen Yu appearing in front of everyone, the representatives of Goldman Sachs became much more docile.

"Everyone, welcome to our Didi.

By the way, do you have any questions? "

For Liu Qing and Cheng Wei, some representatives of Goldman Sachs may still be able to pretend to be high-profile.

But as soon as I saw Chen Yu.

The name of a man, the shadow of a tree.

For such an Internet tycoon, the world's richest man.

Not to mention these investment representatives, even if the CEOs of a group of companies come over, they can only speak well.

But despite this, they still need to cross the line. Boldly, Goldman Sachs investment representative Will said: "Mr. Chen Yu, we do not agree with Didi's crazy money-spending model."

"Oh why?"

"Although we see that this money-spending model does have some effect, it is a waste of money. If we only need 100 million US dollars according to our plan, we can get a good promotion and publicity effect."

"Really, if you are so good, then you can create a taxi software to compete with us."

"Mr. Chen Yu, we are your investment target, not your competitor."

"I know, but you should also know how to spend this money and how much it should be spent on Didi."

"But we also have oversight."

"Yes, you have the right to supervise, can I not listen?"

"Mr. Chen Yu..."

Wei Jian was so angry that Chen Yu vomited blood.

Just, what can he do?

Whether it is from the momentum or from the regulations, he has no way to take the Didi taxi.

As for why a series of companies have respected venture capital in the past, it is because these venture capital companies represent capital.

Although they are not involved in specific company operations, they are the God of Wealth.

Since it is the God of Wealth, it must be offered well.

But for Chen Yu, God of Wealth is just a tool for their financing.

Besides, they are not some money-losing boys, and they are willing to invest for their own benefit.

Therefore, Chen Yucai didn't have a good temper with them.

"Mr. Chen Yu, if Didi Dache goes its own way, then we at Goldman Sachs will decide to divest."

"what about you?"

Chen Yu glanced at the others.

"So are we."

"It seems that you have discussed it, but, sorry, we have spent the $1 billion."

"Is it over?"

"right."

"How is it possible, it's only 3 months."

"It's true that the time is a little short, but it's really spent. You don't know, we can't afford it if we spend money. Liu Qing, show them our financial statements."

After Chen Yu finished speaking, Liu Qing took out the company's financial statements.

"Oh my God……"

"It's really over."

"you……"

Every expense is clearly written on the financial statement.

In three months, the 1 billion US dollars, a total of 8 billion yuan, was spent.

"In this case, Mr. Chen Yu, we must return to the headquarters immediately."

"So fast?"

"Sorry, we have to report to headquarters, your operation is really amazing."

"Don't worry, I just sat down for a while."

Chen Yu waved his hand to let everyone not be so anxious: "Everyone, in fact, you don't have to do this, since everyone invested in us, we are on the same boat, and you don't want us to end up with taxis. I think the priority is now. What you do, is to continue financing?"

"Funding?"

"right."

"Who to finance? Mr. Chen Yu, you should be clear that few venture capital firms are willing to come in under the current money-spending model like Didi Taxi."

"Since no one else will come in, let's gather a little more."

"Impossible, we will never invest again."

"If so, then we have to declare Didi bankruptcy."

Spreading his hands, Chen Yu said that he had no choice.

The $1 billion has also been spent.

For the company to continue, it has to raise money.

Otherwise, if there is no money, how can DiDi get along.

"Mr. Chen Yu, are you threatening us?"

Will was so angry that Chen Yu vomited blood.

I have seen shameless, never seen such shameless.

"I said, we are on the same boat now, and you don't want to see our Didi go out of business."

"Of course we don't want to."

"Since we don't want to, then we have to continue. So..."

"..."

This is back to square one.

If Goldman Sachs and the others stop investing, Didi will have to go bankrupt.

Of course, bankruptcy is actually not too selfish for Didi.

Because the biggest investments here are some venture capital firms like Goldman Sachs.

"I need to calm down."

Will presses his temples, and now he's going crazy.

Originally, he came here to ask for guilt, but he didn't think that he would be blackmailed by them again.

Although Will secretly scolded Chen Yu for being shameless.

But what about scolding?

Could it really make Didi go bankrupt?

If Didi goes bankrupt, Goldman Sachs will not lose money.

"Yes, you should really calm down. Of course, I don't think you need to do this. We always believe that Didi will have a huge market in the future. Let me show you a data..."

This data could have been shown to them by Chen Yu before.

However, Chen Yu didn't want to give it so quickly.

And after destroying their self-confidence at this moment, Chen Yu took it out again.

"Although we spent 1 billion US dollars on Didi Taxi in the past three months, our data performance is still very good. We have exceeded 100 million registrations and more than 70 million active users. The most convincing , or our order data, our total global orders for Didi Taxi in a single day exceeded 30 million orders."

"Although we don't make any money for these 30 million orders, we will charge sooner or later in the future. Through our background data monitoring, our average transaction volume per order is about 5 US dollars. That is to say, if we really start to collect money, In just one day of our revenue, we have $150 million. Although we are going to pay most of the $150 million to the car owner, based on our 20% commission, we will make $30 million in one day.”

"This is just the beginning..."

"We can now order 30 million orders per day. In the future, we will exceed 300 million orders. That is to say, in the future, our revenue for one day alone will be 300 million US dollars..."

"If we calculate it by one month, then our monthly revenue is 9 billion US dollars, and in a year, it is more than 100 billion US dollars. Please, compared with our income, the US $ 1 billion invested by you ... still needs to be Do you care any more?"

Having said this, Chen Yu paused for a while, and then came up with a new financing plan: "So, next, we are going to carry out another financing plan..."

"This time, we're going to raise $10 billion."

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