Bad for the company?

Bad for the industry?

And such a good thing?

"Lao Pei, do you know how many kinds of shared bicycles I have seen in Jinling?" Lin Dong quickly came up with a rhetoric.

"More than ten?"

"That was already last month, and now there are at least twenty kinds, especially in places with dense colleges and universities, at the entrance of the school, there are a lot of flowers and green, our little yellow, little red and little blue, are not eye-catching at all."

Lin Dong's words are true and false.

Twenty is not nonsense, more than twenty is appropriate.

In a first-tier city like Jinling, when the popularity of shared bicycles has risen, it is not normal if there are no twenty or thirty kinds.

However, the three branches that belong to Kleist's investment are inconspicuous, that is, there is a saying of moisture.

These three bike-sharing companies started the earliest, and they received tens of millions of investment from Kleist at the beginning, and the helmsmen have also gone through Pei Qianlong's on-site inspection, how can they lag behind.

However, Pei Qianlong had no way to conduct field investigations.

And the three companies that want to launch a third round of financing in a few months will also exaggerate the competitive environment in which the company is located, intentionally or unintentionally, when asking for funds.

Crying children have milk to eat.

Don't say it's miserable, how can the father of the gold owner give money.

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

"Lao Pei, do you know what the healthiest industry development is?" Lin Dong was about to start fooling again, but this time the object of his fooling was Pei Qianlong.

It's not ordinarily difficult.

Therefore, he had to rack his brains and come up with some real materials.

If someone else asked Pei Qianlong this question, he would be very disdainful, not all of them deserved to talk to him about this issue.

Just like when Zhuge Liang was plowing the fields in the thatched house, did everyone who came to him have to discuss with others that the world would be determined by three points, if he couldn't look down on it, he would say: "I'm just a farmer, I don't understand the world, where is the world, far away from our village?" ”

Fortunately, Mr. Lin belongs to the existence of a confidant in his mind.

"Mr. Lin thinks that the bicycle sharing industry, how can it get on the right track as soon as possible?"

"I think there are two ways, one is to come forward to do it, turn this into a public utility, centralized management, legislative protection, over time, everyone develops a habit, whether it is used or maintained, you can find a healthy system."

"This is a bit idealistic, the top will not interfere so roughly, now it is a market economy."

Pei Qianlong also had similar thoughts, but he also knew that it was unrealistic, and it was precisely because of this unreality that capital flocked to it, otherwise who would dare to come in.

"The second is that the males compete with each other, and finally a unicorn appears, and it sets the rules and gives orders."

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

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

"But it is an inevitable trend, and it is also the most likely result, when the resources are uniformly allocated, there will be no messy waste like now."

Now everyone is launching bicycle products, and all kinds of means are not competing.

Although users take advantage of it to a certain extent, the consequences of market chaos to a certain extent will eventually be grafted onto the heads of users.

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

Mr. Lin really looks at the long-term enough.

"Let's give a boost, let those moths to the fire waste less resources, and then wait until it's almost time to get out, what do you think?" Lin Dong asked.

"High!" What else can Pei Qianlong say?

The highest thing is that Mr. Lin can say that the brutal competition is so fresh and refined, all for the good of those repulsed capitals.

As for withdrawing at about the same time, this is not much of a problem, it was discussed before, Pei Qianlong is not too optimistic about the short-term future of shared bicycles, and it is the best result to make a sum of money and leave.

Of course, the difference between the two of them is that Lin Dong wants to find a low-tide period in the industry to lose money and leave.

Two days later, Pei Qianlong made an appointment with the CEOs of the three bike-sharing companies.

The new round is not the A+ round.

Generally speaking, when the A round is in place, the company begins to gradually embark on the track, the strategy begins to become clearer and clearer, the business model has begun to have some appearance, and the product has been recognized by some consumers.

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

Now that the development of shared bicycles is advancing rapidly, and the products have a certain market size, the valuation cannot remain unchanged.

As a result, the new round of financing became Series B.

The three bike-sharing companies, the development of which is relatively high, announced that they want to raise funds, which immediately caused a lot of capital in the industry to rush wildly.

Even if Kleist has a relatively large share of the three companies, he 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 high threshold, those who want to come in must pay more costs.

As a direct result, valuations have skyrocketed further.

The last round of valuation of the little yellow car was 350 million.

This time, the valuation is 900 million!

In just three months, from 350 million to 900 million, an increase of more than three times.

Kleist originally had a 45% share, and it would be difficult to maintain such a high share this time, otherwise Davide would really go crazy.

Kleist's Dalong Technology invested 67.5 million yuan, maintaining a 25% share, and the rest was followed by David, Zhen Fund, Weili Capital, Honghe Fund and many others.

Davide maintained a 30% share, and the part of the amount that needs to be made up is made up by several new participating companies.

With such huge financial support, Davide is full of confidence, and 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 big.

But he couldn't help it in the short term.

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

At the beginning, Dalong Technology promised to gradually withdraw in a three-year cycle, Davide did not agree, after some verbal negotiations, with the support of several later participating capital, Pei Qianlong promised to withdraw from FOR in the first half of next year, that is, the small yellow car.

In fact, if Pei Qianlong strongly refused to withdraw, Davide and his supporters would have no choice.

It's just that in the case that Lin Dong and Pei Qianlong have no long-term plans, it is better to strive for maximum benefits than-for-tat.

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

At the time of exit, these shares will be recovered at 120% of the valuation price.