Tan Qin invited Jing Gao to the center of the living room and said: "Today we are very honored to invite Mr. Jing Gao from Phoenix Fund to be our guest. Next, we welcome Mr. Jing to talk to us about his views on the future of the online ride-hailing industry. .”
"Bah bang bang!"
There was thunderous applause in the simple and luxurious living room.
Everyone present here are leaders in the virtual economy fields such as finance, venture capital, and private equity. Tan Qin introduced that Jing Gao was invited to talk about the future of online ride-hailing. Nonsense! You all know what Jing Gao is going to talk about next? Share the cake!
Therefore, there was thunderous applause. Even a big boss like Shen Nanpeng has a crooked butt. He just wished Uber in person that it would become the leader in the travel field! You must know that he is an important shareholder of Didi. The capital behind Didi is basically Surrendered.
Zhou Mingyang, Xie Ying, Chen Ziyuan and others all applauded in the crowd.
Ren Chao smiled playfully in front of the floor-to-ceiling window in the living room. He had seen such lively scenes before when his uncle was traveling. What is this? Moreover, businessmen are very realistic! Those who praise you now will step down on you in the future. them.
For example, Shen Nanpeng, who was chatting and laughing with Jing Gao just now. He is an investor in Shanghai, and he is very aware of Mr. Shen's style of doing things. He is a standard investment banking elite. He is cold, reserved, and puts his interests first when doing things.
Li Jiacheng calls it "don't make the last copper penny", while Mr. Shen's style is "suck up the last drop of blood."
Do you think that such a person would hesitate if he had the opportunity to take a bite out of the well in the future? No! So, he looked on with cold eyes.
Jing Gao's high school classmate and assistant to the chairman of Fangyuan Group, Shao Sisi, also saw Jing Gao in the crowd like a star holding the moon in his arms. He was filled with emotion.
…
…
Jing Gao bowed his hands in front of the crowd around him.
This is his personal style. He has been severely beaten by society over the years, and he is suddenly sought after by society. He still has a very clear understanding in his heart. He will definitely float, and this is not based on personal will.
For example, he just thought that Alibaba Capital can become a big brother in the venture capital field with only 20 billion US dollars, so why can't I? What Phoenix Fund lacks is Alibaba's "ecosystem", but Youdao is " One force can defeat ten groups"!
What kind of ecosystem does SoftBank have? SoftBank doesn’t even have a hair. The venture capitalists in Silicon Valley who threw money at Masayoshi Son scolded him, “You have bad fucking rules.”
For another example, he asked Guan Guan to buy a house in the Magic City in the past two days, just like a big business owner, buying it in all major luxury areas. This is ridiculous.
Another example is his thoughts on beautiful women. Except for the beauties he doesn't like and needs to reject, this is the principle he abides by. For the rest, he really doesn't mind sublimating revolutionary friendship with them. And emotionally, he is willing to Taking care of a few more good women in this life is a waste.
But overall, he is still very humble and low-key in his dealings with others.
His character must avenge his enemies, and what he wants is a clear idea. But he is not a strong character like "Secretary Dakang".
Some time ago, Jinggao was "facilitated" by Anyi about Professor Ai. He made a quick review of Professor Ai's video. Professor Ai's profession is to teach "etiquette". In the 2008 Olympic Games, he went to instruct volunteers.
Many protagonists on the Internet frequently put their hands together and bow in greeting. This is wrong in terms of etiquette. Unless you believe in Buddhism or Taoism. The orthodox social etiquette is Confucian!
The left hand is on the top and the right hand is on the bottom.
The applause slowly stopped. Jing Gao then spoke and said loudly: "Most of the people here are my seniors, so I won't do anything about it. I will just talk about what Uber will do."
Just yesterday evening, Guo Pojun gave Ouyang Wan a general analysis. In this financial salon, the topics that these big figures in the capital circle were concerned about could be summarized in three points: First, what kind of measures should Phoenix Fund adopt?
way to acquire Didi’s shares.
Everyone knows that there must be a "competition clause" in Didi's investment agreement. To be clear, Didi's shareholders cannot directly sell their shares to Phoenix Fund. How to solve this problem?
Second, after Phoenix Fund completes the acquisition of Didi, how will it set up this new company? To put it more bluntly, how will the equity and voting rights of the new company be distributed? After acquiring Didi, Phoenix Fund will lose its control over Uber (China)
) control right?
This involves the interests of capital. Not all capital only wants equity income, not voting rights in the company.
Third, is Uber (China) willing to go public? Capital investment needs to be cashed in and exited. So who will foot the bill?
Is it the American "leek" or the Chinese "leek"?
These three questions are what Jing Gao will talk about next.
Jing Gaodao: "The first question is, how does Phoenix Fund acquire Didi's shares? We are willing to acquire Didi's shares at the current highest valuation of $33.5 billion. We will provide a channel for Didi shareholders who are willing to exit.
.
The payment method is cash and stocks. This valuation commitment will be valid for the next month. Therefore, I hope that Didi’s shareholders will urge Didi to start merger and acquisition negotiations as soon as possible.”
The subtext is that he hopes Didi's shareholders will put pressure on Didi's management to surrender as soon as possible.
Jing Gao continued: "This brings up the second question, how does Phoenix Fund structure the new Uber (China)? I won't talk much about corporate governance. I'm not good at management either. What I want to talk about is equity.
The issue of control.
Phoenix Fund is willing to share the dividends of the company's development with business partners, but it will never allow it to lose control of Uber (China). Before going public, we will sign a concerted action agreement with shareholders on a voluntary basis.
After the listing, we will do the design of AB shares.”
It should be noted that before listing, there was no "AB share" system in which one vote equals 10,000 votes. And it should be noted that in 2016, neither A shares nor Hong Kong stocks supported the "AB share" system.
The AB share system of Hong Kong stocks will not be implemented until 2018. The A shares will only be available after the launch of the "Science and Technology Innovation Board".
Idaka said again: "So, this is the third question. I hope that Uber (China) can be listed on Nasdaq in the United States. It will bring the ultimate return to the trust of shareholders. Thank you everyone!"
Don’t ask why we went public in the United States after rejecting A shares and H shares. Remember, this is the era of G2!
Don’t believe what we say to the outside world all day long: Today’s world is a world of one superpower and many powers. In the military and political fields, this statement is correct! The United States is a superpower! A global hegemon. However, in the economic field, this statement is a little bit
flaw.
It's G2.
Excuse me, which stock market has the highest market capitalization in the world? The United States and Hong Kong stocks! Why? Our RMB is controlled. Global funds can only come in through Hong Kong Island. This is China and the United States.
So, why don’t you respond to the ups and downs of the economy among those who collectively call A-shares big? We must deeply understand this.
China's economic strength has long surpassed that of the United States. Of course, the revolution is still incomplete, and comrades still need to work hard. Because the United States had the largest GDP in the world in 1894, but it was not a global hegemon at that time. It only became a global hegemon after World War II!
It took over the world only after the Cold War.
Therefore, taking history as a guide, we cannot be in a hurry to achieve the great rejuvenation of the Chinese nation.
…
…
Jing Gao's speech was very brief and the time was very short. But all the meanings were expressed in public. It's not that he is so awesome, he suddenly became a speaker. There is a script! The secretariat led by Guan Guan helped him
Drafted. Everything is planned in advance.
"Bah bang bang."
There was applause in the living room.
Among the crowd, Zhou Mingyang nodded slightly. This young man who is willing to share his interests is indeed very good. Basically in line with the market's expectations of him. Therefore, he will also pull his friends to invest in Uber.
Help Uber boost its valuation.
Tan Qin, Shen Nanpeng, Xie Ying and others all applauded and nodded, with the idea of investing in Uber in mind. At this time, there was a very simple business logic. There are two companies in the travel field in the United States: Uber and Lift.
Among them, Uber’s financing in June 2016 was valued at more than 60 billion US dollars. So the same story, different markets, why don’t American investors or global investors buy it?
You know, Uber's current valuation is only US$15 billion. Jing Gao has said that he is willing to share profits, which is equivalent to giving away money.
Of course, don’t forget Jing Gaojia’s attributive “partner”. Whether he is a partner of Uber or not is up to Uber to decide. So, do you think Jing Gaojia is stupid? He will accept money from anyone? Of course,
They, the capital tycoons, are expected to get a certain share.
At this time, Ren Chaoyang asked: "Mr. Jing, you mean to leave only one month for Didi. What if Didi's management delays and the merger is not successful within one month?"
Jing Gao didn’t know Ren Chao, but he looked familiar to him. He explained with a smile: “The subsidy war between Uber and Didi is still going on. We are also burning money every day. So I hope it will end as soon as possible.
If the merger and acquisition has not been completed within one month, Didi shareholders who are willing to exit can sell their shares to a third-party company designated by our Phoenix Fund at a valuation of US$33.5 billion."
Jinggao said very frankly. The way is to avoid the "competition clause". He has completed the acquisition of Bank of East Asia and can designate this bank as the "receiving" company.
Ren Chao said sarcastically: "Mr. Jing is walking on the edge of the law. 80% of the time he will be sued in court! Didi's management, how do you plan to arrange it? If they make a fuss, it will affect Uber's valuation, right?
?”
After Ren Chao returned from studying abroad, he spent two years in the magic city. He is still very shrewd. He is not happy with Jing Gao, and he will not simply insult Jing Gao. That is too low. Instead, he will fan the evil wind and light the fire. This is
What a civilized person’s way of adding to the congestion!
Chen Ziyuan, who was watching the show on the sidelines, reprimanded impatiently: "What do you mean, kid? Show off how smart you are? If you don't want to invest in Uber, get out."
Ren Chao's anger suddenly surged up, "What the hell do you want to say again?"
Tan Qin came over with a serious expression on his face, "Xiaochao, are you drunk? Be careful what you say!" In his place, he must have an attitude. Otherwise, what kind of financial salon would he have?
Ren Chao said aggrievedly: "Uncle Tan, I..." After thinking for a while, he restrained his anger and turned around to leave.
Jing Gao smiled and spoke to the short, fat little old man who helped him. He nodded, bowed to everyone around, and walked down.
In the hall, thunderous applause sounded again.
Guan Yujia was wearing a light blue professional skirt and flesh-colored stockings. She was 1.65 meters tall and wearing high heels. She stood in the corner of the living room with a delicate and charming look, looking at the "radiant" young man in the crowd, her eyes wide.
I couldn't help but express my admiration. Then I looked at the mountains and rivers outside the floor-to-ceiling window, and my heart was filled with ups and downs.
Let’s take a look at the Magic City today. Whose family dominates the world?
This chapter has been completed!