Chapter 90: Flood In
This headline is really not quite accurate.
Pengcheng Wanli, a company registered as an industrial and commercial entity, was registered in July 2013, more than a year after Lin Yi and his team got the $800 million in financing.
The article said that it is less than a year, and it is calculated from the beginning of September when the first version of the Wanli Travel app was launched, which is indeed a few days away.
Of course, this is written to highlight the rapid development and momentum of Wanli Travel, a new unicorn, anyway, Lin Yi has no intention of asking them to correct it because of this "reporting bias".
Rounding it up, it's pretty much the same.
In short, the title of "the fastest unicorn in history", Lin Yi can still happily accept it.
You must know that before that, the ideal vision of Internet entrepreneurship was described as "three years for unicorns, five years for NASDAQ".
No matter how you count it, it's only been a year!
Although Uber's valuation is several times that of Wanli Chuxing, in addition to the fact that it is a noble American company and has significant advantages in scale, Uber was founded in 2010 in terms of time.
At that time, Lin Yi had just returned to this world, and he was still a high school student who studied hard.
No matter how you evaluate it, Wanli Travel's valuation of $4 billion is an unprecedented brilliant achievement.
There has been an extreme optimism in the company recently, because this is good news, so Lin Yi and Liu Jianni have not taken strict information blocking measures.
Before the official announcement, the company's middle-level and above cadres and a small number of well-informed grassroots employees have been spread.
These people are basically eligible to take company options, and the company's valuation rises directly means that their net worth has skyrocketed.
Liu Jianni even received a rumor that someone was already asking her department about Wanli Travel's listing plan.
This may be the ultimate dream of a coder as a worker, and every time there is an IPO of a large-scale Internet company, a whole bunch of opportunities for wealth and freedom will be wholesaled.
For laymen who have little idea of the capital market, the $4 billion unicorn seems to be eligible to go public based on its valuation alone.
Wanli Travel is of course far from an IPO.
Lin Yi and they sensitively discovered this trend, if it is after the subsidy war Wanli Travel occupies the first position in the industry and increases the confidence of employees, then this time it can be called blind.
Therefore, in this internal letter of the company, in addition to routinely thanking all employees for their hard work, he also specially emphasized:
"Despite today's hard-won results, Wanli Travel is still a new company in the start-up stage, and we are still in awe of the market.
If there is an end point called success, then we are at least separated from it by lofty mountains and bumpy journeys, and the whole company must maintain the entrepreneurial style of hard work, and be mentally prepared to fight big battles and evil battles......"
In cooperation with the internal rectification presided over by Li Moyan, Wanli Travel once again adopted relatively large-scale team management measures.
The company's personnel are expanding too fast, and there will definitely be people who are not talented or unworthy of virtue mixed in, and after the subsidy war, Lin Yi has asked his senior sister to take action.
In the past few months, Wanli has eliminated a number of incompetent employees, but it has not caused any disruption to the business or concerns from the outside world, as they have recruited more people to replace and replenish.
Of course, these are not useless efforts, a set of combination punches to improve the cohesion and centripetal force of employees, and the company's management efficiency and execution have also improved.
However, the interesting thing is that Lin Yi's "big battles and evil battles" mentioned in his internal letter were interpreted by the outside world as preparing to attack his peers.
As the so-called "murderous intent with a sharp weapon", he has just taken 800 million US dollars in financing far more than his peers.
In this regard, Lin Yi explained in an interview: "Of course, we have a series of promotion plans, especially for the special car business that was just launched this month, and the purpose of this product is to provide differentiated and exquisite services for customers with financial ability and higher requirements." ”
"We will continue to invest in the company's original taxi business, and recently we have built a driver's home in the four first-tier cities of Beijing, Shenyangpeng, to serve all online car-hailing drivers, which has been well received by everyone."
"From time to time, we will also launch activities such as red envelope rewards or free orders for passengers to thank users for their support."
"But it's true that we don't plan to adopt a large-scale subsidy policy again like we did at the beginning of this year, we believe that this kind of measure is unsustainable and not in line with the laws of industry development, and we should not compete with our peers in this way......
Lin Yi's statement made those passengers who were waiting for the second wool very disappointed.
This kind of desire is also human, and if Lin Yi can communicate with them privately, he may tell them that they don't need to be disappointed too quickly.
Lin Yi has been interviewed a lot during this time, which can be said to be a flood of people, and it is a new publicity season for Wanli Travel and himself.
Among them, there are some so-called celebrity business magazines that sound very high, which are the kind that are specially ranked for selection, such as "Forbes" and "Fortune".
Forbes claims to be willing to select him as this year's "Under 30 Industry Elite" title, but Lin Yi has little interest in this title.
Don't think too much about the high profile of these foreign magazines, they make all sorts of messy lists just to generate revenue.
Find a few well-known and credible co-operatives, and after they have commercial value, the remaining positions can be "signed up" by those young people who are eager to become famous.
This thing is basically clearly priced.
Although it is a good thing, some people think that being able to use such spare money to hype themselves, as long as they are not pure charlatans, is more or less a proof of strength.
Anyway, it's a business.
Of course, Lin Yi is not the kind who pays money to be on the list, and with Wanli Travel's current performance in the industry, he can use it to endorse the credibility of the list.
In order to make this opportunity more attractive, the other party also offered to give him a long character interview, which translates as:
You can help him write advertorials.
Although Lin Yi can brag on the investor's side without changing his face, he doesn't plan to render himself a set of genius characters in the media.
Of course, if he wants to, let alone what "six-year-old can program", even if he wants to make an evil and crazy domineering president character, it is not impossible.
Fortunately, Lin Yi was not very interested in this.
At this time last year, he was still trying his best to hype up his popularity, but at this stage, Wanli Travel was not too enthusiastic.
However, Liu Jianni put forward a different opinion, believing that Lin Yi should still try to increase his popularity, and getting some weighty commercial honors is good for Wanli Travel to maintain exposure and a positive public image.
After all, the personal image of the entrepreneur is often related to the brand value of the company.
So arranged by the company's public relations team, Lin Yi still received a group of media and reporters, and the 20-year-old young CEO has truly become a celebrity in the business world.