Tan Qin invited Jing Gao to the middle of the living room and said, "Today we are very honored to invite Mr. Jing Gao from Phoenix Fund to be a guest. Next, we welcome Mr. Jing to share his views on the future of the ride-hailing industry. ”

"Bang Bang!"

The simple and luxurious living room was filled with thunderous applause.

All of you are leaders in the field of finance, venture capital, private equity and other virtual economies, Tan Qin said that please talk about the future of online car-hailing, let's talk nonsense!

So, the applause was thunderous. Even a big guy like Shen Nanpeng has a crooked butt. He just wished Uber to become the leader in the mobility field! You know, he's a major shareholder of Didi. The capital behind Didi has basically surrendered.

Zhou Mingyang, Xie Ying, Chen Ziyuan and others all applauded in the crowd.

Ren Chao was in front of the floor-to-ceiling window in the living room, smiling playfully. Such a lively scene he had seen when his uncle was traveling. What is this? Moreover, businessmen are very realistic! They are praising you now, and they will be stepping on you in the future.

For example, Shen Nanpeng, who was chatting and laughing with Jing Gao just now. He is an investor in the magic capital, and he knows very well the style of this Mr. Shen. The standard investment banking elite. Cold, reserved, and interests first.

Li Jiacheng called "don't earn the last copper plate", and this Mr. Shen's style is to "suck the last drop of blood." ”

Do you say that such a person will hesitate to bite the well in the future? No, he will look at it coldly.

Jing Gao's high school classmate Shao Sisi, the assistant to the chairman of Fangyuan Group, also saw Jing Gao in the crowd like stars holding the moon. I felt indescribable emotion in my heart.

...

...

Itaka bowed to the crowd around him.

It's his personal style. He has been beaten by society all these years, and he was suddenly sought after by society, and he still has a very clear understanding in his heart. Drifting will definitely float, and this is not subject to personal will.

For example, he just thought that Ali Capital could become a big brother in the venture capital field with a mere $20 billion of funds, so why can't I? Phoenix Fund is poor in Ali's "ecology", but there is a way to "drop ten times with one force"!

What is the ecology of SoftBank? Softbank has no hair. Son is the same group of venture capitalists in Silicon Valley who took the money and scolded him, "You fucking bad rules".

For another example, he asked Guan Guan to buy a house in the magic capital in the past two days, and he bought it in all major luxury residential areas like a big dog. That's floating.

Another example is his thoughts on beautiful women. Except for the beauties he doesn't like and need to refuse, this is the principle he abides by. For the rest, he really didn't mind sublimating his revolutionary friendship with them. And emotionally, he is willing to take care of a few more good women in this life. It's also floating.

But on the whole, he is still very modest and low-key.

His character has revenge, and what he wants is a thought to be clear. But he is not the strong character of "Secretary Dakang".

Jing Gao was comfortably "Amway" Professor Ai some time ago. I made up Professor Ai's video. Professor Ai's profession is to teach "etiquette". In the '08 Olympics, he went to coach the volunteers.

There are many protagonists on the Internet, and they often fold their hands and bow in greeting. This is liturgically wrong. Unless you believe in the Buddha or the Tao. Orthodox social etiquette is Confucianism!

The left hand is on top and the right hand is on the bottom.

The applause slowly stopped. Only then did Jing Gao speak, and said loudly: "Most of you here are my seniors, so I won't make an axe, but just talk about what Uber is going to do." ”

Just yesterday evening, Guo Pojun gave Ouyang Wan a general analysis of the topics that these big figures in the capital circle are concerned about in this financial salon. It can be summed up in three points: first, how does Phoenix Fund acquire Didi's shares?

Everyone knows that there must be a "competition clause" in Didi's investment agreement. To put it bluntly, Didi's shareholders cannot sell their shares directly to the Phoenix Fund. How to solve this problem?

Second, after the Phoenix Fund completes the acquisition of Didi, how will it set up this new company? To put it more bluntly, how will the equity and voting rights of the new company be distributed? After the acquisition of Didi, the Phoenix Fund will lose control of Uber (China), right?

This involves the interests of capital. Not all capital is only equity earnings, not voting rights in the company.

Third, is Uber (China) willing to go public? Capital investment needs to be cashed out and exited. So who's going to pay?

Is it the American "leek" or the Chinese "leek"?

These three questions are also what Jing Gao will talk about next.

Jing Gao said: "The first question is, how does Phoenix Fund acquire Didi's shares? We are willing to buy Didi's shares at Didi's highest valuation of $33.5 billion. Provide a channel for Didi shareholders who are willing to exit.

Payment is made in cash and stock. The promise of this valuation will remain in effect for the next month. Therefore, I hope and implore Didi's shareholders to urge Didi to start negotiations on mergers and acquisitions as soon as possible. ”

The subtext is that he hopes Didi's shareholders will put pressure on Didi's management to surrender sooner.

Jing Gao continued: "This brings up the second question, how does the Phoenix Fund structure the new Uber (China)? I'm not good at managing this either. I'm going to talk about equity, control.

Phoenix Fund is willing to share the dividends of the company's development with its business partners, but will not allow it to lose control of Uber (China). Before going public, we will enter into a concerted actor agreement with shareholders on a voluntary basis. After the listing, we will do the design of AB shares. ”

It should be noted that before the listing, there was no such thing as 1 vote equal to 10,000 votes. Moreover, it should be noted that in 2016, neither A-shares nor Hong Kong stocks supported the "AB-share" system.

The AB-share system for Hong Kong stocks will not be implemented until 2018. The A-share side will only be available after the launch of the "Science and Technology Innovation Board".

Jing Gao said again: "So, this is the third question. I hope that Uber (China) will be listed on the NASDAQ in the United States. The trust of our shareholders will ultimately be rewarded. Thank you!"

Don't ask why you have to go public in the United States after denying A-shares and H-shares. Remember, it's G2 times!

Don't believe our foolish words all day long: today's world is a world of superpowers. This sentence is correct in the military and political fields! The United States is a superpower! A global hegemon. However, in the economic sphere, this sentence is a bit flawed.

It's G2.

May I ask, where is the highest market value in the world's stock market? US and Hong Kong stocks? Why? Our renminbi is regulated. Global money can only come in from Hong Kong Island. This is China, the United States.

Therefore, why did you not reflect the weather of the economy when those people as a whole shouted big A-shares?

China's economic power has long surpassed that of the United States. Of course, the revolution is still unsuccessful, and comrades still need to work hard. Because the United States had the world's largest GDP in 1894, it was not a global hegemon at that time. It was only after World War II that he became a global hegemon!

Therefore, taking history as a mirror, we must not be in a hurry to realize the great rejuvenation of the Chinese nation.

...

...

Idaka's speech was very brief and short. But all the meaning is expressed in public. It's not how awesome he is, all of a sudden he became a speaker. This is a draft that was drafted for him by the secretariat headed by Guan Guan. All things are foreseen.

"Bang bang. ”

There was applause in the living room.

In the crowd, Zhou Mingyang nodded slightly. This young man who is willing to share his interests is indeed a bit of a level. It is basically in line with the market's expectations for him. Therefore, he will also pull his friends to invest in Uber and help Uber blow up the valuation.

Tan Qin, Shen Nanpeng, Xie Ying and others all applauded and nodded, with the idea of investing in Uber in their hearts. At this point, a very simple business logic. There are two companies in the mobility sector in the United States: Uber and Lift.

Among them, Uber was valued at more than $60 billion in June 2016. So why don't investors in the United States or investors around the world buy the same story, in different markets?

You know, Uber is now only valued at $15 billion. Jing Gao said that he was willing to share the profits, which is equivalent to giving money.

Of course, don't forget the adjunct "partner" of Ikaga Ino. Whether it is an Uber partner or not, this is determined by Uber itself. So, do you think Jing Gao is stupid? He will accept any investment from anyone? Of course, these capital tycoons are estimated to be able to get a certain share.

At this time, Ren Chao raised his voice and asked, "Mr. Jing, you mean to leave only one month for Didi." What if Didi's management drags its feet and the merger is not successful within a month?"

Jing Gao didn't know Ren Chao, but he was a little familiar with him, and explained with a smile: "The subsidy war between Uber and Didi is still going on. We're also burning money every day. So I hope it ends as soon as possible.

If within a month, the merger has not been completed. Didi shareholders who are willing to exit can sell their shares to a third-party company designated by our Phoenix Fund at a valuation of $33.5 billion. ”

Itaka was very frank. The way to do this is to circumvent the "competition clause". He has completed the acquisition of the Bank of East Asia. This bank can be designated as the "receiving" business.

Ren Chao sneered: "Mr. Jing is walking on the edge of the law." Eighty percent of them will sue people in court! Didi's management, what are you going to do? If they make a fuss, it will affect Uber's valuation, right?"

After Ren Chao came back from studying abroad, he spent two years in the magic capital, and he was still very shrewd. He is unhappy with Jing Gao, and he will not simply insult Jing Gao. That's too low. Rather, it is to fan the wind and ignite the fire. This is the way civilized people add to the blockage!

Chen Ziyuan, who was watching the play on the sidelines, reprimanded impatiently: "What do you mean kid? Show off that you are smart? If you don't want to vote for Uber, get out." ”

Ren Chao's anger suddenly surged, "Why don't you fucking say another thing?"

Tan Qin walked over with a serious expression, "Xiaochao, have you drunk high?" Otherwise, what kind of financial salon will you run?

Ren Chao said aggrievedly: "Uncle Tan, I..." thought about it, restrained his anger, and turned away aggrievedly.

Jing Gao smiled and said to the short and fat little old man who was helping him, nodded, bowed to the surroundings, and walked down.

In the hall, thunderous applause rang out again.

Guan Yujia wore a light blue professional skirt and flesh-colored stockings. Standing in the corner of the living room with a delicate and charming figure, he stood in the corner of the living room with a figure of one meter and six five, looking at the "radiant" young man in the crowd, and his eyes couldn't help but show admiration. Look at the landscape outside the floor-to-ceiling window, and the heart fluctuates.

Let's take a look at today's magic capital, whose world is it?