Since Lin Yi invested 100 million US dollars in Mobike, except for asking Liu Jiani to send a financial director, he has not worried about the other party's affairs.
But in October, they came to visit again.
The ones who came this time were not the two from last time. The fact that Hu Weiwei and Wang Xiaofeng didn't show up didn't mean they were being disrespectful, because it was the chairman of the company who came.
Li Bing has a lot of experience in the industry. Although he is not among the particularly successful ones, he is not an ordinary person who has never been found like this. He still has a lot of aura.
"Lin Yi, I heard that they both spoke highly of you, so I came here to visit you this time, mainly because I want to get to know you."
"Mr. Li, you're welcome. Since we invested in Mobike, we are one family."
Lin Yi chatted with Li Bing for a while, and then the other party expressed his intention to come in a leisurely manner.
"After Mobike received your $100 million, the original plan was to solve the high cost of bicycles as a top priority and prepare to launch a cheap light bike version in October to catch up with the number of small yellow bikes launched."
"But not long ago, Xiaohuangche just announced the completion of its Series C financing, with a total amount of US$130 million, exceeding our previous 100 million."
“Actually, it was financed in two tranches, but there was only 14 days between them, so there is no problem in counting them as the same round, but the direct purpose is undoubtedly to overpower Mobike.”
Lin Yi knew this. Although he had not interfered with the other party's business, since Wanli Travel had invested, Liu Jianni would regularly track the industry status and report to him.
This financing alone is actually nothing. The amazing thing is that this is already the fifth financing for Xiaohuangche since 2016.
And just before this Series C financing was completed in two tranches, Xiaohuangche’s Series B was only one month away.
What is the concept of raising funds five times a year?
Lin Yi, who witnessed the taxi war, felt crazy!
Therefore, Dai Wei's attitude towards Lin Yi is understandable. He may feel that he has to be successful in the capital market and that he is awesome.
Mobike invested by Wanli Travel has also completed three rounds of financing this year. Apparently their appetite has not been satisfied yet.
"What do you mean?"
"Hu Weiwei and Wang Xiaofeng's initial idea is to do another Series C financing, with a target amount of more than 50 million US dollars, so that they can overpower Xiaohuangqi and maintain the honor of being number one in the industry."
Lin Yixin thought that this was not asking for his opinion, it was obviously asking for money.
However, Lin Yi really doesn't care. He has already given 100 million US dollars. It doesn't make much difference if he gives tens of millions more or less.
At least until the rapid development of shared bicycles comes to an abrupt end, his investment will still increase in value on paper.
"No problem. If you want Wanli Chuxing to lead the investment or even cover the entire investment, we can accept it. If you want to find other institutions to lead the investment, then we will follow the investment proportionally."
Lin Yi now sounds like a rich man who is not short of money. There is really no need to be too careful with amounts of this magnitude.
Just don't make any ink when you give money, and keep your word and don't care about anything.
The perfect donor.
Li Bing is not a long-winded person. He does not make decisions on the spot on his own initiative. He is not too involved in the management of Mobike.
"Thank you Lin Yi. I will bring your support to Hu Weiwei and Wang Xiaofeng. I believe your attitude will be a great encouragement to them. My trip today has fulfilled my mission and was not in vain."
After the serious talk was over, he didn't turn around and left, and the two of them started talking about casual things.
"This round of investment in Little Yellow Car was led by Goose Factory. I heard that their original talks were not going well, and Goose Factory is already considering other options."
"But Xiaohuang Che's attitude suddenly changed. He was very interested in the goose factory, so he kept this important investment."
The entry of Goose Factory was also expected. There was also a guy familiar to Lin Yi in the investment lineup this time. The king of each group had a hand in it in his personal capacity.
Lin Yi chuckled. No one knew better than him why Dai Wei suddenly greeted Goose Factory with a smile.
Obviously, he felt that he was more difficult to serve.
"Although Goose Factory is a well-known and good boss, he still has to be able to handle things on his own. I'm afraid Xiao Huang Che will disappoint him."
It's normal for Lin Yi to be dissatisfied with little yellow bikes, because he is now an investor in Mobike, but Li Bing always felt that he seemed to have something else.
The reason is not difficult to guess.
"Have you met their people?"
Lin Yi has nothing to hide: "Before I negotiated with Mobike, it was Xiaohuangche and his investors who took the initiative to find me."
"The conditions I gave are the same as yours. Unfortunately, Dai Wei from the little yellow car is a young master and thought I was too harsh, so he rejected me."
After hearing this, Li Bing laughed and said: "Dai Wei is my junior fellow student at P University. Although I have never interacted with him, I always thought he was a very outstanding young man."
"From this point of view, we still have to thank him, otherwise Mobike and we may have missed this fate of traveling thousands of miles."
Lin Yiyi's understanding of the person in front of him was limited, and he had just learned that he also graduated from P University.
"Dai Wei's angel investor is a senior from P University. The first step for Xiaohui Car to make a fortune was through P University's campus marketing, which caused a sensation and successfully broke out of the industry."
"It seems that even without Mobike, you would have had the opportunity to invest in a small yellow bike."
This is of course said casually. P’s circle is very wide and it is impossible for everyone to play together. Robin Li from Xiong Factory is still P’s.
The smaller the circle, the easier it is to unite.
Li Bing smiled and said: "If that's the case, I might not have the opportunity to invest in it. To be honest, the bike sharing thing is unintentional."
"When Hu Weiwei suggested to me that the concept of shared bicycles could be done, I didn't think it had much potential, so I invested some money in her and didn't pay much attention to it."
"To be honest, the current development of shared bicycles is far beyond my expectations. The main reason is that capital is too hungry and has promoted this subject to a position where it does not belong."
“Mobike is currently riding a tiger and it’s hard to get off, and it’s hard to help but follow the trend.”
"Hey, I want to make it clear that this only represents my personal communication and our private communication. It does not represent the thoughts of Hu Weiwei and Wang Xiaofeng, nor does it represent Mobike."
Of course Lin Yi said he didn't mind, but he felt a little strange in his heart.
Li Bing is a veteran, so it is not surprising that he has such a judgment, but as the chairman of Mobike, it is a bit strange to come and tell Lin Yi these things.
What's more, the two of them had no friendship before, and this was the first time they met.
He is definitely not the kind of person who makes small talk but has deep conversations.
"Lin Yi, I can see that you don't spend too much energy on Mobike not because you respect their management rights, but because you are not optimistic about the development of shared bicycles."
"Of course you are different from me. Instead of investing a small amount of money to test the waters, I can understand Wanli Travel's considerations in terms of industry layout."
"But I think that in the areas that you are really optimistic about and interested in, maybe it is us, and the two of us can cooperate in depth."
It was only when Lin heard this that he understood, and Li Bing finally saw what was going on.