When Robin Li told Lin Yi that he was planning to invest heavily in the group buying market and would soon launch his own takeout brand, he would have never imagined what Lin Yi would do after leaving home.
He went to find Wang Xing.
The headquarters of each regiment in the capital is still the same as before. This is the third time Lin Yi has come here, but the situation is completely different.
When I came here for the first time, I was planning to buy Yiyi Takeout.com, but thanks to Wang Xing's willingness, Lin Yi got a good price.
The second time I came here was before Wanli Travel went online, Wang Xing, as a friend of Cheng Wei, sent an invitation to meet on his behalf.
This time, it was purely him who came to find Wang Xing. If we want to define the identities of the two of them, they should be regarded as Wang Xing's friends.
"Although I have known for a long time that you would not be at peace after selling the Yiyi Takeout website, the momentum it has achieved in one year is beyond my expectation."
Wang Xing's tone was very emotional, but Lin Yi didn't come to him to recall the past.
"Xiong Factory is preparing to launch a subsidy war in the group buying and food delivery markets, in an attempt to replicate Wanli Travel's success in the taxi-hailing industry."
Lin Yi sold Robin Li casually.
Wang Xing did not answer the call immediately. He was a little confused about Lin Yi's attitude, so he was still making various speculations in his mind.
If Lin Yi informed him of the news about the Goose Factory last time, he could have explained it through their personal relationship. After all, Lin Yi had no obligation to keep the Goose Factory secret.
Moreover, I only carry the name of Factory A, and there is no direct competition with Wanli Travel, but the news just now is completely different.
The difference is not that I already knew the news about Goose Factory’s investment review and did not help, but this is indeed the first time I heard about the news about Xiong Factory.
The key is that Lin Yi has no friendship with Goose Factory. If we count from the time when they started taking Tuk-Tuk taxis, they still have a hostile relationship, so it is easy to understand why he sells Xiao Ma Ge.
But Robin Li is his financial backer. For Wanli Travel to get to this point, apart from the team itself, the first person they want to thank must be Robin Li.
What does it mean?
Lin Yi didn't know what Wang Xing was thinking, so he asked his own question: "It was already in February that Dianping took 400 million US dollars from Goose Factory. I guess the next round of each group will be soon."
Bar?"
Wang Xing quickly weighed it up and saw that there was no need to hide the news from Lin Yi because he had tipped him off, not to mention that he had no ability to interfere with it.
"The US$300 million is almost negotiated."
Because Lin Yi founded Yiyi Takeout.com and sold it to Every Group, every group should have established its leading position in the food delivery market faster than in the previous life, which also had a positive impact on his situation in the group buying market.
In other words, each group should be stronger.
"Dianping has received US$400 million, but each group only received US$300 million?"
Wang Xing understood that Lin Yi had misunderstood: "You have to know that Dianping exchanged US$400 million for 20% of its equity, which means its post-money valuation is US$2 billion, and the valuation of each group this round is US$4 billion.
, there is at least double the difference between the two.”
"It is not necessary to pay more, at least for each group."….
"I admit that I was very surprised that you were able to come from behind through this round of subsidy war, but you quickly stopped due to the intervention of BAT, which has proven that this method of competition is unsustainable."
"I think your boss, Robin Li, may be overly optimistic and has not carefully reviewed what has happened in the group buying industry before."
"Each group was not the richest when it started, and could even be called poor. When I received US$12 million in Series A financing from Red Mountain Capital, Tuanbao had already raised two to three hundred million yuan, and Dianping.com had recently raised
The round we got was $100 million.”
Lin Yi commented: "They didn't win against you because they spent their money in the wrong way, not because they had more money than you."
Directly subsidizing users is the most efficient way to spend money. Wang Xing told him this truth at the beginning.
Lin Yi did not return it to him, but he also did not defend Xiong Factory. Instead, he said: "Robin Li is not my boss."
"oh?"
This sentence was very interesting. Wang Xing felt that he seemed to have captured Lin Yi's thoughts.
"Then what do you mean by coming here to tell me this news today, or what do you want to get from me?"
"I want to make a statement first. Although I didn't know about Xiong Factory's actions in advance, Xiong Factory's intention to acquire Nuomi and enter the army buying industry is very clear. Every group has been prepared for it, so I won't be particularly grateful for your ventilation.
Report."
Lin Yi feels that one of the more pleasant things about getting along with Wang Xing is that it is always easier when talking to smart people, and you don't need to be too explicit.
The premise is that you have no previous conflicts.
For example, Liu Qing, who took the initiative to come to him before, although the other party's attitude was better, it was obvious that Lin Yi did not feel such pleasure.
"I don't expect to get anything from you. Your existence itself is meaningful to me."
"What's the meaning?"
Lin Yi asked rhetorically: "You just said that the post-money valuation of each group in this round is US$4 billion, so there is still a lot of room for financing. Why not add more when the financing amount is less than Dianping?"
Wang Xing has actually explained this issue, but since Lin Yi mentioned it again, it means that he does not agree with the previous statement, or does not fully agree with it.
Wang Xing understands.
He suddenly remembered that the day Lin Yi and Cheng Wei met at his place, Lin Yi proposed to poach his own COO Gan Jiawei, who had a background in Factory A. All those specious words at that time had answers today.
The US$400 million from Dianping was given by Goose Factory, and of the US$300 million in each group, Factory A just made a follow-up investment. If Wang Xing wants a financing amount no less than that of Dianping, Factory A will never be stingy with the extra money.
$100 million.
"That's right, I don't want Factory A to continue to increase its holdings and have greater influence on each group. I also want to introduce new investors to dilute his equity."
"This is the only thought I have shared with you so far."
Wang Xing admitted it directly.
Lin Yi smiled. Although each group seemed to be integrating into Factory A, it actually maintained its independence, because among the three giants of BAT, the one that would directly conflict with each group as it grew stronger was Factory A.
Wang Xing was aware of this from the beginning.
Factory A is not all dark under the lights. Jack Ma has praised Wang Xing on various occasions, and he probably still has the plan in his heart to let every group charge into battle for him.
It is precisely because of the aloof attitude of each group that Factory A never gave up and directly entered the group buying market, so word-of-mouth was later born.
It's hard to say whether the disagreement between the two parties was initially due to Wang Xing's deliberate precautions or Factory A's ill intentions. Perhaps it was a cause and effect.
At this moment, the reason why Wang Xing dared to admit it to Lin Yi blatantly was that he was sure that Lin Yi could not go to Factory A to report that he had "different ambitions", and the second was to confirm his suspicions.
"Because we are the same kind of people."
"Most people have never really thought, and they will do anything to avoid it."
"For them, habitually taking shelter under the wings of giants, getting a predictable return and inner peace is acceptable, even what they can't ask for."
"But that's not the case for us."
"We are challengers, eagles, and lion kings."
"We are people who shuttle among the shadows of giants, unwilling to become vassals and branches, squeezing a way through the cracks, just to grow into a towering tree ourselves!"