I’m Almost Losing to a Muggle

Not good for the company?

Not good for the industry?

Is there 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.

"Ten kinds?"

"That was last month, and now there are at least 20 kinds, especially in places where colleges and universities are densely populated, and there are a lot of colorful flowers at school gates. Our little yellow, little red, and little blue are simply inconspicuous. ."

Lin Dong's words are true and false.

Twenty types are not nonsense, more than twenty types are appropriate.

Similar to the first-tier cities like Jinling, in the case of shared bicycle enthusiasm, if there are not 20 or 30 types, it is abnormal.

However, the three inconspicuous ones belonging to Kleist’s investment, that is, it is said that there is water.

These three shared bicycles started the earliest and received tens of millions of investment from Kleist from the beginning. The helms have all been inspected by Pei Qianlong on the spot, so how could they fall behind.

However, Pei Qianlong was unable to make field trips.

The three companies that want to initiate the third round of financing after a few months will also intentionally or unintentionally exaggerate the competitive environment the company is in when asking for funds.

The crying child has milk.

It's a bit miserable if you don't say it, how could the father of the funder give money.

Lin Dong also said that the situation was miserable, but it was out of a hurry to scatter the money.

"Old Pei, do you know what the healthiest industry development is like?" Lin Dong is about to start flicking again, but this time he is flicking to Pei Qianlong.

This difficulty is not generally high.

Therefore, he must rack his brains and produce some real materials.

If someone else asks Pei Qianlong this question, he must be very dismissive, not everyone is worthy to discuss this question with him.

It's like when Zhuge Liang was plowing the fields in the thatched cottage, did every person who came to him, he had to discuss with others to determine the world? If he didn't look good, he would say: "I'm just a farmer? Tian’s, don’t understand the world, where is the world, is it far from my village?"

Fortunately, President Lin is like a confidant in his mind.

"Mr Lin feels that how can the shared bicycle industry get on track as soon as possible?"

"I think there are two ways. One is to come forward and make this into a public utility, centralized management, and legislative protection. After a long time, everyone will develop a habit. Whether it is use or maintenance, you can find a healthy system."

"This is a bit idealistic. The upper hand will not intervene so rudely. Now it is a market economy."

Pei Qianlong had similar ideas, but he also knew that 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 group of heroes competing, and finally a unicorn appears. It will make the rules and let it give orders."

Lin Dong has really thought about this issue and read some relevant analysis reports. After all, his company has invested in three bike-sharing companies.

"It doesn't sound like a good result," Pei Qianlong said.

"But it is an inevitable trend and the most likely result. When resources are uniformly deployed, there will be no need for messy waste like now."

Now everyone is launching bicycle products, and various means are unhealthy competition.

Although users have taken advantage to a certain extent, the evil consequences of the market chaos to a certain extent will eventually be grafted onto users.

"I seem to understand what you mean, President Lin." Pei Qianlong had to admit that although the method that President Lin said was stupid, he couldn't think of a better way.

President Lin really saw long-term.

"Let's give a boost so that those small capitals that fly moths to the fire will waste less resources, and then get out when it's almost time, what do you think?" Lin Dong asked.

"High!" What else could Pei Qianlong say.

The highest point is that Lin always said that brutal competition is so refreshing and refined because it is for the good of the capital that has been repelled.

As for withdrawing at about the same time, this is not a big problem. It was discussed in this way before, and Pei Qianlong is not optimistic about the short-term future of shared bicycles. The best result is to make a fortune and leave.

Of course, the difference between the two of them is that what Lin Dong wants to find is to lose money and leave during a downturn in the industry.

Two days later, Pei Qianlong met with three CEOs who shared bicycles.

The new round is not an A+ round.

Generally speaking, in the A round, the company began to gradually get on track, the strategy began to become more and more clear, the business model also began to have some appearances, and the products were recognized by some consumers. If you want to develop further, you need to increase investment. Further advancement of research and development and the promotion of products to a larger consumer group requires a new round of financing.

The premise of A+ is that the valuation remains unchanged and new capital comes in.

With the rapid development of shared bicycles, the products have a certain market size, and the valuation cannot remain unchanged.

Thus, the new round of financing became the B round.

The three bike-sharing companies are relatively advanced in development. As soon as they announced that they would raise funds, they immediately caused a lot of capital in the industry to be rushed.

Even if Kleist has a relatively large share of the three companies, it cannot stop them.

Fortunately, if there are many people who want to enter, the threshold is invisibly raised, and because the threshold is raised, those who want to enter must pay more.

The direct result is that the valuation skyrocketed further.

The last round of the small yellow car was valued at 350 million.

This time, the valuation is 900 million!

In just three months, it has more than tripled from 350 million to 900 million.

Kleist originally occupied 45% of the share, this time it will be difficult to maintain such a high share, otherwise David will really go crazy.

Kleist's Dalong Technology invested 67.5 million yuan, maintaining a 25% share, and David, Zhen Fund, Weihun Capital, Honghe Fund and many others followed up the investment.

David maintained a 30% share, and the amount that needed to be made up was jointly made up by several new investors.

With such huge financial support, David is confident ~www.NovelMTL.com~ The only thing that makes him unhappy is that Dalong Technology is the company's second largest shareholder, and the threat to him is very large.

But he couldn't help it in a short time.

However, he got a promise from Pei Qianlong that Dalong Technology would gradually withdraw.

At the beginning, Dalong Technology promised to withdraw gradually in a three-year cycle. David did not agree. After some verbal negotiations, with the support of several subsequent investment 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 strongly refuses to withdraw, David and his fans will be helpless.

However, when neither Lin Dong nor Pei Qianlong had any long-term plans, instead of tit-for-tat, it was better to strive for maximum benefits.

For example, Dalong Technology can maintain a share of no less than 20% before exiting.

When exiting, these shares will be recovered at 120% of the valuation price.