Chapter 80: No Escape

New York, also known as the Big Apple, Vice City in Batman's fairy tales, the largest city in the United States, and the world's financial center.

It's a beautiful calling card, where the outer American spirit — the Statue of Liberty, and the real American spirit — is all home to Wall Street.

After Lin Yi and Liu Jianni wandered around here for another two days, they finally figured out which bastard was targeting them.

"It's Factory A."

Liu Jianni categorically shared the news she had found: "I got the exact news from my former colleagues in my old employer, and Cai Chongxin from Factory A called every institution we visited, asking them not to invest in us. ”

Cai Chongxin, in terms of ancestral hometown, is also Lin Yi's hometown of Zhijiang, but he is actually a Canadian-Chinese born in Baodao Province.

After graduating from Yale University, he graduated from Yale University with a doctorate in law and worked in a law firm to a private equity firm, which is the kind of Chinese elite who gets ahead by studying, but the story behind is a bit unusual.

Cai Chongxin is one of the eighteen Arhats in Factory A, and it is rumored that he was fooled by Ma Jack, who had not yet made a career at the time, and he lost his job of 700,000 US dollars, preferring to follow Ma Jack to receive a salary of 500 yuan.

This matter is mostly watery, because Cai Chongxin's main task is not to participate in the business operation of Factory A, his position is CFO, responsible for financing the company and finding money, and most of the time should be based in Hong Kong City.

500 yuan, you can't survive in Hong Kong City.

No matter what, anyway, he took the giant ship of Factory A, and then the story was very boring, and it was described in four words as Feihuang Tengda, Lin Yi also knew that he would become the owner of the NBA Nets in the future.

Why did Factory A target them?

This is not surprising, because in the subsidy war at the beginning of the year, his little brother almost fell into the disadvantage, and even brought the goose factory and the bear factory their respective payment products to the fire.

Oh, one more thing, because the participation of Lin Yi and Wanli Travel has been cultivated in the subsidy war, although the current bear factory wallet is not as good as the goose factory that relies on red envelopes to turn over, it is much stronger than in the previous life.

This is also one of the reliance on Li Robin's confidence to increase O2O.

Therefore, it is completely understandable that Factory A is unhappy and malicious towards Wanli Travel, you must know that Zhifubao is Majack's baby pimple, and he almost broke with shareholders in order to divest this asset.

Lin Yi couldn't help but complain: "It's really enough to look up to us, do you have to take revenge on this little arm and leg of Wanli Travel?" Factory A's mind is really as big as a pinhole. ”

However, his question was: "Although Factory A is considered to be one of the three giants in the industry, this is the United States, is it their turn to talk about it?" ”

Liu Jianni immediately answered his confusion: "Cai Chongxin told those institutions that anyone who invests in Wanli Travel cannot get the IPO share of Factory A. ”

Forget about this stubble.

Factory A's B2B business had previously been listed in Port City, but its share price had not been satisfactory, so it was privatized in 2012.

This time, in addition to the divested Zhifubao, the overall packaging and listing of Factory A was also the first consideration of Hong Kong City at the beginning, but because the Hong Kong Stock Exchange adhered to the principle of "same shares and equal rights", this opportunity was missed.

Because the real major shareholders of Factory A are SoftBank in the neighboring countries to the east and Yahoo in the United States.

If the standard of equal shares and equal rights is strictly followed, then Jack and his eighteen Arhats will immediately lose control and be swept away.

However, technology companies have to absorb a large amount of financing in the early stage, and there is no way to avoid the sale of equity, and the conventional practice is to design AB shares to ensure the rights of the founding team and financial investors.

The two can enjoy the same economic rights and interests when dividends are paid, but in terms of internal management, the shares held by the founding team enjoy the so-called "super voting rights" that exceed those of ordinary shares.

Many well-known technology companies have adopted this shareholding structure, so the founders only hold a single-digit proportion of equity, which can also ensure absolute control.

Wanli Travel will be listed in the future, and there is a high probability that it will also engage in AB shares.

The situation of Factory A is not quite the same, and it has developed a unique partnership system, so there is no need to elaborate.

In short, they chose the NASDAQ in the United States for this listing, and now it has reached the final stage, and if nothing else, it will be able to ring the bell soon.

"Tsai Chongxin should be in the United States now, and the IPO of Factory A will break the historical record of the largest fundraising scale in the U.S. stock market, which is the focus of the market during this time."

"Moreover, the listing price of factory A is low, leaving enough profit margins for investors, so the share is very sought-after, and all financial institutions want to enter the market and get a piece of the pie."

can only say that it is worthy of Factory A, or the familiar arrogant and domineering appearance.

With the current volume of Wanli Travel, Lin Yi couldn't even think of the idea of arguing with Factory A.

Lin Yi is not particularly envious, now is the harvest time of Factory A, from 1999 to 2014, they have walked this road for a full 15 years.

If Wanli Travel is still there after 15 years, Lin Yi must not mind meeting the landscape of Factory A.

At this point, he can only ask his CFO sincerely: "What can we do now?" ”

"Don't do anything."

Of course, Liu Jianni didn't want to give up, but still analyzed very calmly: "Factory A is strong, but it is only a period of time before the listing, and the capital market in the United States is not yet their turn to call the shots." ”

"Although we already know, we don't need to take this matter too seriously, there will always be institutions that cannot be managed by Factory A will be interested in us."

"The worst result is nothing more than waiting for Factory A to go public, but it won't be too long."

"Because the IPO of Factory A is not worried about money at all, but it is an attractive sweet spot, and there are too many hands from all sides to balance interests."

"I even wonder if Cai Chongxin deliberately refused to give a share of all the funds he didn't want when he came out and voted for Wanli Travel."

Well, Liu Jianni couldn't help but make a bad joke at the end.

Lin Yi adopted Liu Jianni's suggestion, and although he was inexplicably sniped by Factory A, he did not change his plan because of this.

They returned to San Francisco after a round trip on the East Coast, and they had a deeper engagement with each other because the venture capital firms they had previously contacted had given them an interest in investing.

It's normal to talk about real money for several rounds, and it's rare to find a stupid amount of money to pay for a disagreement in a hundred years.

As Liu Jianni guessed, the listing of Factory A is certainly a major event in the capital market recently, but the taxi industry is also a particularly popular target in the venture capital circle this year.

Lin Yi and Liu Jianni flew back and forth in the United States, staying for about two weeks, and they still took a few letters of intent with them when they left.

"Although it is a little worse than expected, we still have time, and after returning to China, I will look for a group of investors from other backgrounds, all of whom found ...... in China in the last round of taxis."

may be because she brought her boss to the United States but did not achieve her original goal, and directly put together the platter of this round of financing, so Liu Jianni kept talking about her next plan when she went back.

However, Lin Yi didn't actually listen to her too seriously, he sat in the departure hall of San Francisco International Airport, looking out the window at the behemoth taking off.

Large aircraft is also a high-end manufacturing category known as the crown of industry, but Lin Yi is not concerned about that.

He looked at the shadows of the planes falling on the ground, and thought that the BAT was like these big birds made of steel, and the shadows under their wings were everywhere.

There is no escape.