"Mr. Zhang, as you said, the business model of Wanli Travel is not fundamentally different from Dudu and Kuai, but so far we have always grasped the initiative of this industry."

"I think it's enough to prove that our team and business strategy are superior to the other two."

"Although there is a suspicion of boasting in this way, you should be able to understand that the position we have occupied in the industry will only become more and more stable, and it is almost invincible."

Let's try it soon, everyone. 】

Zhang Lei said with a smile: "I'm afraid you won't agree with what you said, in fact, they have all looked for me before." ”

"In addition to Jenny's introduction and wanting to get to know you, a compelling young entrepreneur, I am also looking forward to what fresh ideas you can bring to me."

"Lin Yi, my observation of the taxi industry has lasted for a long time."

"You may have heard the story of my investment in a dog factory, when my junior brother from the Department of Sociology of Jiang University came to me, he only wanted to ask for $75 million, but I gave him $300 million."

"I gave him so much because I wanted more shares in the dog factory, but the more important reason was that I thought he needed so much money to build his unique lead."

"But in the ride-hailing industry, I haven't found such an irreplaceable key factor as logistics infrastructure, which can firmly lock in the industry position through large investments and eliminate other competitors."

Of course, Zhang Lei is very good at calculating accounts, sometimes he is clearer than the entrepreneur himself, and his meaning is probably "Qian Laozi can afford to spend, but it must be worthwhile".

In view of the great significance of Kaolin Capital's money to Wanli Travel, Lin Yi had no way to hide it anymore and keep it.

"Mr. Zhang, the current industry pattern is very clear, and the reason why there is a situation where Wanli, Dudu and Kuaidu stand side by side is directly related to the signs of BAT parting with each other."

"But after the subsidy war at the beginning of the year, all three have realized that it is useless or pointless to continue this kind of fighting."

"The next development direction is also clear, the industry will face a new round of integration is imperative, and Uber's entry into China will only accelerate this process."

"Actually, Uber's Kalanick once approached us and wanted to take a controlling stake in Wanli Chuxing, but we refused, which can be seen as some kind of signal."

"Mr. Zhang, you know very well that the snake swallowing the elephant is just a fable, and in the real business world, swallowing the big and the small is the right way for the soldiers, so I just said that Wanli Travel has stuck in the industry position."

Zhang Lei looked at him and nodded as if he was approving, but he still didn't let go: "Lin Yi, according to the investment strategy of Kaolin Capital, I am not in a hurry to get involved in this mess, and I can wait for you to decide the winner before making a move." ”

"I hope you don't mind when I say that, and that is for me, whether you win, or both, or fast, it doesn't make any difference to me."

Lin Yi thought about it for a while this time before he continued: "Mr. Zhang, of course I know that with the capital of Kaolin Capital, I can enter this bureau at any time. ”

"You say be a friend of time, I think the key is timing."

"Before the subsidy war, the taxi industry was of course still a very early-stage start-up market, and it was not the target range of Kaolin Capital."

"But after that, there has been a considerable scale, which is the confidence that we dare to come up with this financing plan this time."

"What I want to say is that the time has come for Takamine to make a move, and if you continue to wait and see just because the situation is uncertain, I think you will miss out on a lot of gains."

"I can make it clearer, Mr. Zhang, whether you agree with what I just said that Wanli Travel is invincible, but at least Kaolin Capital can be invincible."

"In that case, the sooner you go, the more you earn, right?"

Zhang Lei showed an expression of appreciation, as an investor, he liked Lin Yi's words very much, Kaolin Capital is invincible.

It could be a judgment, or it could be a promise.

Is there a business in the world that is sure to make money without losing money?

can't talk about it, but Zhang Lei does have this self-confidence, no matter whether Lin Yi is talking in the end in this industry or not, no one can ignore his interests.

Zhang Lei returned to China in 2005 to found Kaolin Capital, and this year is 2014, and in less than ten years, the world has been turned upside down.

He stretched out his hand again: "Congratulations, Lin Yi." ”

Lin Yi shook hands again and replied, "Congratulations to us." ”

……

Although he spent a lot of effort and tongue on Zhang Lei, once he agreed, it was immediately verified that it was all worth it.

Kaolin Capital is really generous, and the shot is 500 million US dollars.

Lin Yi did not refuse, nor was he qualified to refuse, but fortunately, there was not much disagreement between the two sides on the valuation, and the money was finalized.

After getting the good news, Lin Yi did not take it back to the company to share it for the first time, but found his previous owner, Father Bear Factory.

It seems a bit too anxious to call "the previous one" now, but in short, Li Robin also welcomed it, which represents a big step forward in the career of Wanli Travel.

Of course, the bear factory will also invest a sum of money in this round, but in the case of Kaolin Capital taking the lion's share, a slight dilution of equity is unavoidable.

With these two sums of money as a foundation, the rest is pretty straightforward.

Jianni Liu found several interested institutions that they had met and talked about in the United States before, and Wanli Chuxing's current round of financing has been led by big-name private equity.

This is good news for others, so that their enthusiasm is even higher, and the quota quoted exceeds the actual needs of thousands of miles of travel, Lin Yi and they made an allocation after thinking about it.

The framework was set, and the process of affairs was not so fast, after all, it was such a large amount of financing, but under Lin Yi's request and Liu Jianni's coordination, they still got it at the end of August.

After the money arrived, Wanli Travel officially announced:

"The company has completed a series B financing with a total amount of 800 million US dollars, and the post-investment valuation has reached 4 billion US dollars.

The Company is grateful to all investors for their continued care and support, and will continue to improve its products and services, continue to create value for the society, and repay the trust of shareholders......"

There's a saying that "fewer words, bigger things," and this announcement has that flavor.

When the news was released, Wanli Travel did not take the initiative to contact any media for publicity this time, but it spread throughout the industry almost immediately.

Raise 800 million!

Valuation of 4 billion!

After Uber received a new round of financing of $1.2 billion at a sky-high valuation of $17 billion in June this year, becoming the highest this year, the ride-hailing industry has once again attracted everyone's attention in just two months.

Wanlixing's current round of financing has also created many firsts in the field of domestic entrepreneurship and venture capital, and Lin Yi's favorite first is like this:

"Founded less than a year ago, the fastest unicorn in history was born, and Pengcheng Wanli lives up to its name!" 》