Chapter 174: Burning money is a point of no return
"Liu Qing doesn't want us to take advantage of it at all."
Lin Yi's mentality was still relatively relaxed when he said this, because in fact, Wanli Travel had already taken advantage of this.
This time, the public relations disposal of the flight attendant Eucalyptus is very fast and powerful, and it is said that many companies are studying and learning from this "excellent example".
But Dudu Taxi and Liu Qing's reputation will inevitably suffer, and some users who are deeply dissatisfied with it will leave the platform without looking back.
In view of the fact that Uber and Dudu in China have become one company, they only have one option.
Moreover, Li Moyan has done publicity for the company on the show before, and the safety concept of Wanli Travel has been widely recognized, in the words of some online comments:
"This girl looks more trusting than Liu Qing."
Liu Jianni commented: "Liu Qing is a little anxious to choose to re-launch Hitchhiker now, because the turmoil of this matter has not completely passed, and they will definitely be criticized on the Internet, saying that they look ugly." ”
"But she still chooses to do it, and it seems that the pressure on the ride-hailing business is really great."
In the past, they all took a taxi to chase the murderer, and once issued a reward of 1 million yuan, but the team that recovered the body asked for the money, but the company did not approve it, and the lawsuit had to go to the court.
In short, it's a piece of chicken feathers.
Li Moyan frowned and said: "But their substantive rectification measures are actually relatively limited, and they have not solved all the potential safety hazards. ”
Lin Yi said happily: "It's normal for her to be a little nervous, this seems to be the first time since the merger of Dudu and Kuaidu that we have suffered at our hands, right?" ”
"Although the opponent has changed from Cheng Wei to Liu Qing, but now that the situation between the two companies, she is definitely not willing to be humble to us in any way."
"But strictly speaking, this opportunity is actually sent to the door by her own flaws, not what we have stumbled on her."
"Whether it's a company or an industry, when it develops to this extent, it can only be that the internal problem goes first, and no one can knock it down from the outside."
Now Liuqing's new capital and the latest valuation of their 10,000-mile travel add up to more than 30 billion US dollars, which is already huge.
In fact, according to the experience of the United States, the two companies do not have to be incompatible, Uber and Lyft can't help each other?
But apparently, Liu Qing didn't plan to do so.
Lin Yi didn't plan to shake hands and make peace, otherwise the two of them would have sat down together now to discuss the reduction of subsidies.
When the war comes to this, there is no BAT like in 2014, and there is Majack who can jump out to make peace for them.
Because there are already too many chips on the table, and BAT himself is among them.
Liu Jianni reported: "The business scope that may be involved in taxi software has almost been explored in 2015, and now there is very little room for Liu Qing. ”
"After this hitchhiking incident, Liu Qing may have figured out that competition in business is unlikely to produce the results she wants, or that it is inconvenient for her new capital to do anything recently."
So she's shifted the battlefield back to something she was familiar with, and it's said they're already looking for the next round of funding.
Liu Qing is actually not short of money, the company's book funds are very abundant, but the purpose of financing is not just to ask for money.
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Besides, no one would be disgusted with a lot of money, would they?
Wanlixing's last round of financing was at the beginning of the year, and it was almost after the year, but it was only $1 billion at that time, and its official last round of financing was actually $2.4 billion in the middle of last year.
And after the merger of Uber A, the valuation of the other party should have a significant increase, and the current situation is very favorable to Liuqing.
Lin Yi asked, "Do you think we can still do a round of financing now?" ”
"It's not a good time for us, but I suggest we better do something. ”
"The previous capital is fast, and now the new capital, even including Uber during the Kalanick period, they can finance one or two rounds a year, as long as the price is right."
"We don't have to tie our hands too much, especially before this round of investment in Factory A, in fact, we are still in a more dangerous position."
"And at this time, the most direct meaning of going out to finance is to grab money from Liuqing's bowl, and if we melt one more piece, she will take one less, and one will eliminate the other."
The shareholder structure of Wanli Travel is actually relatively simple, and there are several major shareholders who are clear, but Liuqing is very different.
Her new capital has experienced two mergers, and its shareholder lineup is so complex that it is estimated that many people in the company can't figure it out, otherwise Cheng Wei would not have been kicked out of the game.
"I agreed to continue financing, since Liu Qing can compete with us in business, we can naturally compete with her in funding."
"The only thing that's worth noting is that the more financing we absorb, the weaker our own control over the company becomes."
"The more you rely on financing to determine the success or defeat of the industry, the more serious the capitalization will be, and in the end, it must be the investors who come together to decide the ownership of the company, not the entrepreneurs themselves."
"Maybe this is Liu Qing's plan, after all, no one is better at balancing their interests among all kinds of capital that each has its own needs."
Liu Jianni commented pointedly: "Burning money is a point of no return, since you have gone so far, you can only move forward." ”
She seems to be reminding that the game started with Lin by constantly introducing new investors and using their money to subsidize the market.
Of course, Lin Yi himself would not have this kind of thought, no one knew better than him, even if he did not appear, this scene could not be avoided.
This could not be explained, and he simply said, "Tell me about your plan." ”
"At this stage, there are very few mainstream venture capital institutions that have not invested in the ride-hailing industry. ”
"Among the remaining institutions, as long as it is market-oriented, it should be able to see Xindu, and these will be the focus of our competition with Liu Qing."
"Of course, there's also an important part of continuing to tap into the existing shareholders, who are more financially powerful than most institutions in the world."
"Actually, I think there is a company that is very suitable in terms of willingness and strength, but the other party also happens to be a shareholder of Liuqing."
"So we might have to figure out a way to get him to make the choice we want between us and Liu Qing."
Lin Yi didn't bother to guess, and asked directly, "Which one is it?" ”
Liu Jianni replied: "SoftBank has always been very optimistic about the taxi industry, although it has followed Factory A to invest in Kuaidu, but as far as I know, there is still a willingness to increase the weight alone. ”
"I suggest that you go and see Son."