Robin Li became the richest man in 2011, but he still couldn't change his caressing personality, and he missed many opportunities because of this.
Originally, with the status of Xiong Factory, it could make a difference in the raging o2o trend.
For example, Dianping.com first looked for Xiong Factory before joining the Goose Factory Group. For example, every group had a long discussion with Xiong Factory before merging with Dianping. However, Robin Li was not sure about it, and he ruined every good hand.
Now when he heard Lin Yi talk about betting, he instinctively felt that there would be an advantage to be taken advantage of, and asked with interest:
"What kind of betting method?"
"It's very simple. Xiong Factory now gives me US$100 million to take 20% of the shares, and I promise to become the number one in the online ride-hailing market within half a year. If the performance target is not achieved, then the shares corresponding to this investment will be
Times."
Robin Li thought about it in his mind. He thought that investing US$100 million in the third place in the online ride-hailing market was expensive, but if it were the first place, it would be well worth the money.
If Lin Yi can't do it, this investment can be exchanged for 40% of the shares in half a year. In that case, he can consider increasing capital holdings or directly acquiring it. By then, Lin Yi will not have the capital or confidence to refuse.
The investment strategy of Xiong Factory is different from that of Goose Factory and A Factory in that:
The latter likes to invest in the first echelon of the industry, while the former is more willing to find someone in the second echelon to acquire and do it themselves.
To a certain extent, this was a helpless move, because every time Robin Li turned the corner and prepared to take action, the first echelon had already been captured by the AT two companies in advance.
Robin Li still has a little doubt that market share is difficult to measure, and two survey agencies can produce four different results using different methods.
Especially in the online ride-hailing industry, Dudu, Kuadu, and Wanli Travel are not listed companies, and the data they sell to the outside world is very watery.
He was worried that Lin Yi was playing tricks.
Lin Yi was very calm about this: "How to write the contract is a matter for lawyers, or it can be changed to increase the order size by at least ten times. I don't care."
Lin Yi knows that a tenfold increase in half a year sounds exaggerated, but it is actually a goal that is easier to achieve than being number one in the industry.
At this moment, no one knows better than him what will happen in the next six months.
He did not hesitate to take the initiative to propose such harsh gambling conditions, just to participate in this game, otherwise he would not even be qualified to play at the table.
As for half a year later, if he fails to achieve his predetermined goal, what difference does it make if he holds 60% or 80% of Wanli Travel shares?
Robin Li has no intention of changing the scale. It doesn't matter to him if it grows tenfold or twentyfold. The title "number one" is important.
Anyway, taxi-hailing software is still in the investment stage. No matter how big the scale is, it will always lose money. Even the larger the scale, the faster it will lose money.
He just wants to use this to send this signal to shareholders, employees, and everyone:
Bear factory is still a bear factory, batbat, b ranks first!
Robin Li was surprised by Lin Yi's self-confidence at this moment, whether he was ambitious or desperate, for a moment he thought of himself when he was young.
"good."
A simple word, like a thousand pounds of weight, hit Lin Yi's heart.
Done!
He clenched his fist hard and suppressed his excitement to control himself from losing his composure in front of the sponsor's father, but his expression could not be concealed.
Well, from this moment on, Xiong Chang is his sponsor father.
Although Robin Li had verbally agreed, investing 100 million US dollars was not that easy. With his cautious personality, he had to go through all the processes and procedures. Lin Yi naturally promised to cooperate 100%.
However, he also added: "I have a very familiar investor friend who has helped me a lot before. However, Wanli Travel had its own funds when it started, so it has not come in. This time I hope she can serve as Xiong
The factory’s follow-up investment.”
Lin Yi was referring to Liu Jianni. He had promised not to let her work in vain, but now it was time to fulfill his promise, and Lin Yi had other plans.
This situation is very common. Whether it is a friendship between friends or an exchange of interests, Robin Li has no reason to refuse, but only asks:
"It cannot affect the share given to Xiong Factory."
Lin Yi thought about it for a while and promised: "No more than 20 million US dollars."
Robin Li nodded in agreement.
…
After coming out of the bear factory, Lin rushed to find Liu Jianni, told her the news, and asked her to start preparations as soon as possible.
Liu Jianni was very pleased. She had made Lin Yi a friend before largely because he was young and had unlimited possibilities in the future. She didn't expect that he would be rewarded so quickly.
"This is a project led by Xiong Factory, and the amount is US$100 million. You don't have to worry about no one taking this kind of opportunity. I can sign the contract and transfer the money at any time. Don't worry."
"What I'm more curious about is, how did you convince Xiong Factory? You must know that Xiong Factory's war sponsor is a famous mother-in-law."
The fact that she complained about the bear factory to Lin Yi without any scruples was also a manifestation of the relationship.
"You're just lying to me."
Lin Yi bypassed the strategic investment department and directly approached Robin Li through the lbs business department, and told her about the bet that made him determined.
As a co-investor in this round, Liu Jianni cannot hide this matter.
Moreover, Lin Yi had other purposes: "Jenny, how many years have you been working as a venture capital investor? Are you interested in changing positions? Would you consider it if you are a CFO who travels thousands of miles away?"
He didn't call him "Mr. Liu" this time.
Liu Jianni was still lamenting that Lin Yi's method of seeking investment from Xiong Factory was novel and worthy of promotion. She did not expect to receive such an invitation, which made her confirm in disbelief:
"Are you serious?"
"certainly."
Lin Yi used a very sincere expression and a very firm tone to convince her that he was definitely not joking with her.
"That is, more than half a year ago, I gave you 1 million US dollars as a trial, and then you gave me several times the income and entered the game of each group."
"A few seconds ago, I was lamenting that you gave me another important opportunity. I don't know how much I can make this time."
"Now you plan to win me away?"
Liu Jiani smiled sweetly when she said this. She said this without any ambiguity, and she did not wait for Lin Yi's answer.
While saying these words, she had already sorted it out in her mind: "This is a very important decision. Please allow me to think about it for a while."
"no problem."
Lin Yi naturally knew that there was no way to answer a question about his entire career planning on the spot, and the topic between the two of them quickly returned to the investment in Xiong Factory.
Xiong Factory spent two weeks preparing for the US$100 million, and Liu Jiani did not miss a beat, and then this round of investment was finally finalized.
When the US$120 million was received, Lin Yi told his senior sister: "After three or four months of running around, it wasn't until this moment that I really felt that I had obtained a ticket to the taxi market."
On the same day, Xiongchang and Wanli Travel announced the investment and that both parties would carry out in-depth strategic cooperation at the same time.