Chapter 572 Is There Such a Good Thing? (Add 2/4 for Wenxi Kouzi Wan Rewards)
Chapter 572 Is there such a good thing? (Add 24 more for Wen Xi Kou Zi Wan Rewards)
Bad for the company?
Bad for the industry?
And such a good thing!
"Old Pei, do you know how many shared bicycles I have seen in Jinling?" Lin Dong quickly came up with an excuse.
"More than ten kinds?"
"That happened last month. Now there are at least 20 kinds, especially in places where colleges and universities are densely populated. There are a lot of colorful colors at the school gates. Our little yellow, little red and little blue are not eye-catching at all. .”
Lin Dong's words are true and false.
Twenty types are not nonsense, more than twenty types are appropriate.
In a first-tier city like Jinling, when the popularity of shared bicycles has risen, it would be abnormal if there were no twenty or thirty types of bicycles.
However, the three unremarkable ones belonging to Kleist's investment, that is to say there is water.
These three bike-sharing companies were the first to start. They received tens of millions of investment from Kleist at the very beginning, and the people at the helm have all gone through on-site inspection by Pei Qianlong. How could they fall behind others.
However, Pei Qianlong had no way to conduct an on-site inspection.
And those three companies that want to launch the third round of financing after a few months, when asking for funds, will also intentionally or unintentionally exaggerate the competitive environment in which the company is located.
A crying child has milk.
Not to mention a bit miserable, how could the benefactor's father give the money.
And Lin Dong also made the situation worse, but it was out of a hurry to spread the money out.
"Old Pei, do you know what the healthiest industry development looks like?" Lin Dong was about to start fooling around again, but this time the target of his fooling around was Pei Qianlong.
This difficulty is not generally high.
Therefore, he had to rack his brains and come up with some real materials.
If someone else asked Pei Qianlong this question, he would definitely be very dismissive. Not everyone is worthy to talk to him about this question.
Just like when Zhuge Liang was plowing the fields in thatched hut, would he have to discuss with everyone who came to him to determine the world by three points? Tian, who doesn’t understand the world, where is the world, is it far from our village?”
Fortunately, Mr. Lin is like a confidant in his mind.
"Mr. Lin thinks how can the bike-sharing industry get on the right track as soon as possible?"
"I think there are two ways, one is to do it from the top, turn this into a public utility, centralized management, legislative protection, after a long time, everyone will develop a habit, whether it is use or maintenance, you can find out a healthy one. system."
"This is a bit idealistic. The higher-ups won't interfere in such a brutal way. Now it's a market economy."
Pei Qianlong also had a similar idea, but he also knew it was unrealistic, and it was precisely because of this unrealistic that capital flocked to it, otherwise who would dare to come in.
"The second type is a crowd of heroes competing for the throne, and finally a unicorn appears, which makes the rules and gives orders."
Lin Dong has really thought about this issue, and has read some related analysis reports. After all, his company has invested in three shared bicycle companies.
"It doesn't sound like a good result." Pei Qianlong said.
"But it is an inevitable trend and the most likely result. When the resources are allocated uniformly, there will be no need to waste them in such a mess as now."
Now all companies are launching bicycle products, and various means are unhealthy for competition.
Although users have taken advantage of it to a certain extent, the consequences of market chaos to a certain extent will eventually be grafted on to users.
"I seem to understand what you mean, Mr. Lin." Pei Qianlong had to admit that although the method Mr. Lin said was stupid, he couldn't think of a better way.
Mr. Lin really sees the long-term view.
"Let's give it a boost, let those small capitals that are flying moths into the flames waste less resources, and then withdraw when it's about the same time, what do you think?" Lin Dong asked.
"High!" What else could Pei Qianlong say.
The highest point is that Mr. Lin is able to describe the brutal competition so fresh and refined, all for the benefit of those repelled capital.
As for withdrawing at about the same time, this is not a big problem. It was discussed before, and Pei Qianlong is not very optimistic about the short-term future of shared bicycles. It is the best result to make a fortune and leave.
Of course, the difference between the two of them is that what Lin Dong wants is to find a time when the industry is at a low ebb and throw money away.
Two days later, Pei Qianlong met with the bosses of three bike-sharing companies respectively.
The new round is not the A+ round.
Generally speaking, during the A round, the company starts to get on track gradually, the strategy becomes clearer and clearer, the business model starts to take shape, and the products are recognized by some consumers. If they want to further develop, they need to increase investment. To further promote research and development and push products to a larger consumer group, a new round of financing is required.
The premise of A+ is that the valuation remains unchanged and new capital comes in.
Nowadays, the development of shared bicycles is rapid, and the products have a certain market size, and the valuation cannot remain unchanged.
As a result, the new round of financing became the B round.
The three shared bicycle companies are relatively advanced in development. When they announced that they would raise funds, they immediately caused a lot of capital rush in the industry.
Even if Kleist has relatively large shares in the three companies, it can't stop them.
Fortunately, if there are many people who want to come in, the threshold will be raised invisibly, and because of the raised threshold, those who want to come in will have to pay more.
The direct result is a further skyrocketing valuation.
Xiaohuangche was valued at 350 million in the last round.
This time, the valuation is 900 million!
In just three months, it has more than tripled from 350 million to 900 million.
Kleist originally accounted for 45% of the share, but this time it will be difficult to maintain such a high share, otherwise David will really go crazy.
This time, 25% of the shares were diluted, 300 million was raised, and the post-investment valuation reached 1.2 billion. Kleist’s Dalong Technology invested 15 million and maintained a 35% share. , Zhenge Fund, Wei Lie Capital, Honghe Fund and many other investors followed suit.
David has maintained a 36% share, and the amount that needs to be made up will be made up by several new investors.
With such huge financial support, David is full of confidence. The only thing that makes him unhappy is that Dalong Technology is the second largest shareholder of the company, which poses a great threat to him.
But he couldn't do anything for a short time.
However, he got a promise from Pei Qianlong that Dalong Technology would gradually withdraw.
At the beginning, Dalong Technology promised to gradually withdraw from FOR in a three-year cycle. David did not agree. After some fierce negotiations, with the support of several later participating capitals, Pei Qianlong promised to withdraw from FOR in the first half of next year. That is the little yellow car.
In fact, if Pei Qianlong refused to quit, David and his fans would not be able to move.
However, since Lin Dong and Pei Qianlong have no long-term plans, instead of confronting each other, it is better to strive for the maximum benefit.
For example, Dalong Technology can maintain a share of no less than 20% before withdrawing.
When exiting, these shares will be recovered at 120% of the valuation price.
This chapter is from yesterday, ask for a monthly ticket and a recommendation ticket, good morning everyone