Wait until Lin Dong finished participating in the film festival and returned to the capital.

He learned that the company had indeed completed the repurchase of Hi Meow Bicycle, which is now Xiao Meow Travel.

After the buyback, the cat factory occupied 100% of the share of Xiaomeow Travel.

Wang Zhen is a smart man.

If he follows the routine of a smart person, tying up with the cat factory is his best choice.

It's a pity that he is not as smart as Pei Qianlong.

After the shared bicycle thundered as Mr. Lin expected, Pei Gonggong was even more convinced that Wang Di was a plate of leeks harvested casually.

It is not impossible for capital to take over this.

But that's the power that only FOR and worship have, and the two together account for more than 75% of the entire market.

And the small meow bicycle accounts for only 10% just in the early days.

The reason why the top two and the third place were able to pull away so far was because of the cat factory or Pei Gonggong.

He single-handedly matured the bike-sharing industry.

At the beginning, regardless of the prospects of the industry, a large amount of money was directly injected into FOR and worship.

Later, without waiting for FOR and worship to spend the money, they guided FOR and worship financing.

Round after round.

This is reminiscent of instant chicken.

An egg, after 45 days, can become your whole family bucket, and you can still eat it with relish.

Wang Zhen refused to be matured like this, so he developed normally.

But it is precisely because of this normal way of development that he is difficult for diners to look at and take to the cutting board.

Either stay and wait for the industry to collapse.

Either quit in full, and our cat factory will pick up your plate.

Wang Zhen didn't hesitate for long.

There is no profit at all in the bike-sharing industry.

For example, if the cost of a car is 1,000 yuan, and the natural depreciation cycle is 3 years, then the annual depreciation cost is more than 300 points, less than 1 yuan per day.

But you also have to count the operating costs such as delivery, maintenance, damage, theft, etc., and the daily operating cost of a car is at least two or three yuan.

Assuming that the cost of each ride is 1 yuan, then each bike must be ridden at least 3 times a day to equalize the cost.

This is actually quite difficult, and there is not much profit margin.

Unless you monopolize the market, you can freely price the ride, now it is a dollar to ride once, you price three dollars, then the revenue will triple, and the profit will naturally be realized.

I used to dream about it.

Not anymore.

Moreover, when he tied Hi and Pay Meow together, the risk was saved by saving the deposit, but the pool of funds was gone.

Wang Zhen had already found out.

When crazy capital no longer raises money, the industry will come to an end.

Between slow development and immediate realization, Wang Yi chose to realize it immediately, and the only thing he regretted was that he did not sell all the company to the cat factory during the D round of financing.

At that time, it could be sold for about $2 billion.

And now, Pei Qianlong gave him the price of $1 billion.

However, there is a compromise in addition to this plan.

That is, he only needs $500 million, and in addition, Kitten Travel gives him a 10% virtual equity.

Virtual equity is a very illusory thing.

The best in the industry is probably Huaxia mobile phone.

Every year, high-performing Huaxia employees are called into the office by their supervisors, who are usually given a contract telling them how much company shares they can subscribe to this year.

This contract cannot be taken out of the office, and after it is signed, it must be returned to the company for safekeeping, there is no copy, and there will be no certificate of shareholding, but employees can check the number of shares they hold through an internal account.

At the same time, these employees will not appear on the industrial and commercial registration, and their shares are all held by the Huaxia Mobile Phone Trade Union.

In essence, this is only the employee equity unilaterally recognized by Huaxia Mobile, not the equity that the employee has ownership in law, but a virtual equity agreed by Huaxia Mobile and the employee through a contract.

Bully!

On other occasions, someone would have flipped the table.

55% of the equity, you pay me a billion dollars.

In other words, the company is valued at almost $1.8 billion.

10% of 1.8 billion, you actually want to charge me 500 million dollars, will you count, but if you have a kindergarten diploma, you will not open this mouth.

In this regard, Pei Qianlong did not explain much.

Of course, Wang Zhen has another choice, that is, to hold 55% of the equity of Xiaomeow Travel and continue to be the major shareholder.

But it's hard to say whether Pei Qianlong will take him to play in the future.

Wang Zhen chose the second option.

This is probably the reason why Pei Qianlong admires him.

Steady.

When opening up the market, he is stable.

Now he chooses the second condition, which seems to be a risk, but in fact it is still a stable horse.

At the very least, it's safer to play like this than to take $500 million to invest outside.

This is a cat factory, and many Internet giants want to cooperate but can't.

It's clear that there will be a big move in the cat factory.

If he chooses to continue to stand with the cat factory at this time, he will continue to lead the business of Xiaomeow Travel.

As for virtual equity, virtual is virtual.

The contract is very clear, as long as he does not take the initiative to leave his job, as long as he does not enrich his pockets, as long as he does not break the law and commit crimes, as long as he ......

Then this virtual equity has always belonged to him.

Even if Xiaomeow Travel raises and goes public in the future, his virtual equity share will not change.

As for why you have to work when you have a billion dollars.

may be because he hides the soul of a migrant worker in his body, and he is destined to work for a lifetime, and it is uncomfortable not to work.

In fact, he was only a year shy of reaching thirty.

He still wants to struggle, and he also wants to wait until he is old to come up with something that can be compared.

The cat factory is obviously a big stage.

After Lin Dong returned to the capital, everything had already settled.

It took $500 million to hold the little meow bike in his hand, which made him very unhappy, but he was helpless.

Looking at the entire layout of the shared bicycle, Pei's father-in-law is basically just carrying out his orders.

I remember that at the beginning, Pei's father-in-law planned to spend ten years of hard work to cultivate the industry.

It was he who asked for a "loss" and quit.

I don't know what went wrong.

It can only be said that it is bad luck.

It's all fate.

However, Gonggong Pei's handling of Wang Zhen reminded him.

Can we replicate this system throughout the company, that is, issue virtual equity, and then give the equity to executives.

Take Meowya Live as an example, if his annual net profit is 2 billion, give Chen Yinhui 10% of the virtual equity, won't the net profit be only 1.8 billion?

If Chen Yinhui is given 30% of the virtual equity, the rest is only 1.4 billion.

Emma, she deserves to be a factory man.

This perspective is extraordinary.

Of course, this can't be said to the system all at once.

The system will not agree.

You have to find a chance, or when the system is happy, maybe you just say yes.

Or take advantage of the time when you make a lot of money on your side, and when the time comes, look at your pitiful little appearance, the system is soft-hearted, is it embarrassed to refuse?