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Chapter 831: The Second Half Begins

Chapter 831 The second half begins

Author: Let’s reopen

Chapter 831 The second half begins

As midsummer July gradually approaches, the air becomes hotter to a degree visible to the naked eye.

Yes, even though the air is transparent, odorless, invisible and intangible, when it keeps coming in the shape of distorted heat waves, you must have the same experience with the term "visible to the naked eye".

When the outdoor temperature continues to stabilize above the high 30s, I believe that most people will not be willing to stay outdoors longer than necessary.

Perhaps the thing that complements the hot summer is the booming bicycle sharing industry. As 2017 is about to pass, the booming rhythm of the shared bicycle industry has never stopped, and is even getting more intense.

The popularity of shared bicycles seems to be spreading out of control across the country with the pace of hot summer, sweeping the streets and alleys of major cities, and colorful bicycles filling the streets.

This makes the originally empty and clean city streets suddenly become a bit crowded, especially as hundreds of shared bicycle companies have emerged on the market, ranging from small yellow to small blue, small green and small red...

Not to mention the entrepreneurs who are a little confused, users are also confused. It is almost difficult to recognize which bicycle is which among these colorful bicycles.

It's really like that grand occasion of "a sudden spring breeze blows overnight, and thousands of pear trees bloom", except that the ancient poem describes the snow scene, but here it refers to the madness of the shared bicycle industry.

Behind such a spectacular street scene, it actually shows that the entire industry has shown a trend of pathological development. It is just that it is deeply caught up in the fanaticism and most people know nothing about it.

At the same time, many people are confused by the trend of shared bicycles sweeping the world. This bicycle can be regarded as an industrial creation with a long history. It has already experienced many changes since its birth in the late 17th century.

Hundreds of years of baptism...

In the 1970s, its status in the country reached its peak. As one of the three must-have items for marriage, its status was extremely transcendent, and the classic 38 Dabang became a mark of the times and became a symbol of the times.

The general public’s memories of the 1970s and 1980s.

How come such an industrial creation that is so commonplace to everyone and has even been "eliminated" by the times has gained such strong vitality today?

Is it just based on such a shared concept?

This is indeed the case. If we only do this with the idea of ​​​​building a bicycle brand, then obviously the prospects of the entire project are very limited, and the space for imagination is also extremely scarce.

After all, in such a traditional track that has been developed for hundreds of years, there is undoubtedly very little room left for latecomers. Regardless of technology or innovation, there is obviously no breakthrough.

Add some power to it, and it’s a motorcycle; switch to electricity, and it’s an electric car; add a wheel, and it’s a tricycle...

During these hundreds of years of development, anyone who can tinker with bicycles has obviously already tried it.

Looking at the hundreds of years of development history of bicycles, isn't it also a microcosm of the development of the Industrial Revolution?

As an industrial foundation born in the late seventeenth century, the representative achievements of each era are related to it, and can be cleverly combined with it to give birth to new symbols of the times.

Although predecessors have almost blocked the road, the arrival of the Internet era has also created a crystallization of wisdom that had never existed before - the Internet.

In the past two decades of vigorous development, the concept of "Internet +" has become more and more popular. The combination of everything and the Internet seems to be able to produce subtle chemical reactions, thus reborn and rejuvenated.

Regardless of whether it is business or social interaction, under the catalysis of the "Internet +" concept, it has completely changed the lifestyle of the general public.

Even some creations that the general public have long been accustomed to can become completely different with the injection of the concept of "Internet +".

Even simple bicycles are like this. From motorcycles to electric vehicles, they have now transformed into another layer of identity, and are once again sweeping the world as "shared bicycles".

In the history of industrial development for hundreds of years, it can be said that it has never been absent, but has always arrived.

Starting from the structure alone, it is obvious that there is no breakthrough. What's more, even if the top industrial technology and material technology are used to build it, the upper limit of a single bicycle is only that high.

After all, it is impossible to make a flower. Since the structure is not good, then start with the concept. Hype and packaging are always indispensable tools, and they are also the means to become famous and make contributions.

Throughout history, this is an indispensable part for those who achieve great things. Just like before Zhuge Kongming, who was as wise as a demon, came out of the mountain, there was already a rumor in the world of "crouching dragon and phoenix chick, one of them will be safe"

"The world" is general...

Although the packaging of the concept of "sharing" has given bicycles a new look and pushed them to stand on the stage of history again, the undercurrent surging under the stage is actually part of the vitality of China's economy.

layer manifestation.

Since its accession to the WTO, China's economy has taken off rapidly, almost injecting vigorous vitality into the world economy with its ever-changing spiritual outlook, and has also become the focus of much attention.

Although the voices of bad-mouthing are endless, and it is either collapsing or on the road to collapse, the fact is like an invisible slap, hitting countless people in the face.

So much so that even many economists at home and abroad have to keep up with the speed of China. Every few years they have to change a new set of ideas and adopt new concepts and terms in order to accurately describe and analyze what happened in the

China’s economic phenomena.

Also, this is a road that has never been imagined.

The concept of "sharing economy" is undoubtedly the best interpretation of this crazy wave of shared bicycles. However, as this wave reaches the peak of the times, the turning point may have quietly begun.

brewing.

It's just that due to the limitations of the times, we are all part of the group of people who "do not know the true face of Mount Lu" and know nothing about it, except for...Zhou Dongsheng.

As an investor who took the lead in entering the market when bike sharing was still in its infancy, and has taken all the dividends of the times from the two leading companies, this investment is enough to make many peers talk about it when looking at the investment industry.

classic case.

It has become a major topic of conversation among the general public after dinner. With the advantage of being the first to enter the horse race, these two investments have undoubtedly created hundreds of times of returns for Zhou Dongsheng.

To this day, there is no secret about the news that Dongsheng Investment bought Xiaohuang Bicycle and Mobike respectively for US$2 million, and it is not difficult to know as long as you are interested.

After all, there is no airtight wall in the world, not to mention that neither Dongsheng Investment nor the two major bike sharing companies have any intention of hiding it from the beginning to the end.

However, as time passed, the two leaders gradually grew into behemoths, and received the favor and investment of many established capitals, pouring more power and abundant funds into them.

Zhou Dongsheng, an early investor, is like a rocket booster that has exhausted its fuel, and its role and weight are gradually declining.

After all, compared with the two huge hairy legs of Ali and Tengda, no matter how thick Zhou Dongsheng's thigh is, it is as small as a witch. The gap is so big that it is not even comparable.

In addition to these two Internet giants, there are also a number of investment institutions that are not inferior in terms of weight and qualifications. Among them, there are many institutions with national titles. In comparison, even Alibaba and Tenda have to stand aside.

It is no exaggeration to say that among the many passengers sitting on these two carriages, Zhou Dongsheng is the smallest one. If it were not for his first-mover advantage, he would not have been able to occupy a place here.

If he were to enter the market at this time, even if Zhou Dongsheng had the net worth of the youngest billionaire, he might not even be able to find the door.

After all, when it comes to investment at this level, the amount of money is secondary. The most important thing is that they won’t take you to play at all.

But if this is not true, Zhou Dongsheng has occupied a place on top of these two carriages, and is still enjoying the dividends brought by rapid development without any worries.

Even if it declines, it doesn't matter if you can't say anything. You don't need to contribute, and you can still benefit from it. Moreover, this investment has been destined to not lose money since the shared bicycle craze swept the world.

The only difference is the issue of making more or less, and Zhou Dongsheng is not greedy about this, and will not think about squeezing out the last bit of profit before exiting the market. After all, the extreme top escape operation is not that easy to achieve.

Just like Zhou Dongsheng had already exited the market early before the 5178 market hit in 2015, he would only think about running when the storm was at its peak, fearing that it would be too late.

One mistake can easily be the straw that breaks the camel's back.

After all, Dongsheng Investment’s initial investment of US$2 million was able to acquire a full 30% of the shares of the two leading companies. If it had not been for taking advantage of the situation, it would have been impossible to obtain such a high share.

In addition, Dongsheng's investment at that time was already quite significant, and in addition to funds, it also provided a lot of help for the development of the two leading companies. Both parties took what they needed and reached such a financing.

This also makes Dongsheng Investment the second largest shareholder after the founding team.

However, in the year and a half since Dongsheng Investment won the Series A alone, the two major shared bicycles have completed more than 5 rounds of financing respectively, and the scale of financing has increased rapidly, and each has entered the threshold of the hundreds of millions of US dollars financing club.

.

It is precisely with the help of continuous capital and salary increases that the bicycle-sharing fire has been able to reach such a spectacular scale in just over a year.

As for what the price is... After all, investment institutions are not charities, and people are not doing charity. Naturally, they spend real money just to get on the bus.

To this end, the founding team naturally has to continue to cut shares, use the company's future expectations as payment in exchange for funds in the hands of the institution, and work together to make the company bigger and stronger, so that this future expectation can be realized, which can be regarded as a complete

of closed loop.

Although IPO listing is the ultimate goal of capital, it does not mean that cash cannot be cashed out before listing. It is natural for people, including the founding team, to take advantage of financing opportunities to cash out.

After all, starting a business is like crossing a single-plank bridge with thousands of troops. Only a few can finally reach the other side, and it is impossible not to eat or drink during this period, right?

If you want a horse to run, you have to feed it. Therefore, shareholders will naturally not object to entrepreneurs cashing out part of their shares to improve their lives.

In addition, in each round of financing, in addition to participating in the investment, shareholders can also reduce their holdings or even cash out.

After all, there are only so many chips on the entire poker table. As the number of players increases, there will always be a day when they are all distributed. Although you can increase the chips through additional issuance, the additional issuance will inevitably affect the gold content of the original chips. "Inflation"

"Nature is inevitable.

Even if Zhou Dongsheng relies on his first-mover advantage and has rights such as priority in not diluting his shares, this priority cannot be as powerful as the final right of interpretation.

There is a degree to everything, let alone investments that involve profits?

For this reason, Zhou Dongsheng is naturally not a greedy person. He insists on occupying the pit and not shitting. The ultimate goal of holding the chips is just to be safe.

If there is an IPO day, even if there is a lock-up period, it doesn't matter. Through regular operations such as equity pledge, you can still cash out and leave the market.

Except for a few rare cases, the market value plummeted after listing, and even fell to the point of breaking the stock market. Once listed, the market value of most companies will be significantly increased.

What's more, the dividends at the beginning of listing are one of the few opportunities to break through the 10% rise and fall limit. The main board even has a 44% maximum rise and fall limit.

Stages like the GEM and the Science and Technology Innovation Board are completely unrestricted. If there is enough potential, it will naturally be fully realized in the market once it is listed.

However, Zhou Dongsheng knew very well that as the vanguard of the sharing economy, shared bicycles failed to reach the stage of listing in the end. Instead, shared power banks came from behind and completed this feat.

Although Zhou Dongsheng had thought about it and wanted to bring the two together, he might have a chance to change his destiny. However, it is obvious that as the two continue to grow, from two small ships to a giant ship, this possibility is getting closer.

at zero.

Therefore, as early as the last round of financing, Zhou Dongsheng had already begun to find an opportunity to reduce his holdings and cash out. Together with the gradually diluted part, he now only has 10% of the shares left in his hands.

In addition to the partial proceeds from the cash out, the value of this 10% share has also increased hundreds of times from the original 30% value of US$2 million.

As for the arrangements for cashing out the funds, part of it will naturally be put into overseas investment business, and the other part of the funds, Zhou Dongsheng is going to use to support the development of shared power banks.

With the further development of the sharing economy, Zhou Dongsheng seems to have gradually transformed from an investor to an entrepreneur, waiting for the opportunity to take over the baton of the sharing economy and prepare to enter the next stage.

The value of business comes from creating value for society. Once this value is unsustainable, these tall buildings will naturally be in danger, and all glory will become a thing of the past.

This may be the fate of shared bicycles.

And this vigorous bicycle sharing craze has undoubtedly officially entered its second half.

We are beginning to enter the final stage. There are a lot of holes dug and we are a bit exhausted.

Brothers also know that I am a new author, and I have almost burned out even if I only relied on three minutes of popularity.

Along the way, I also fell into the pitfalls that a newbie should step into. I bit off more than I could chew, wanted everything, and ended up being a bit unable to hold back, so that some plots ended in an anticlimactic manner.

It can be said that from the beginning until now, I have not dared to open the comment area.

But after all, it is my first book, so it is not in vain that I have read so many rebirth novels for so many years, haha.

I will try my best to bring this to a close, even if it is not satisfactory, I would like to thank my friends who have supported me.

(End of chapter)


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