The founding meeting of the Ruixiang Industry Win-Win Fund was held at the Pangu Seven Star Hotel in Wudaokou.
Zhang Yida also dressed up carefully and attended with Ruixiang, Yimin and other senior executives.
Under the dazzling LED screen in the hall, Zhang Yida, Lei Dongming, Shen Beipeng, and Xu Xiaoming jointly pressed their hands on a crystal ball.
With the countdown on the LED screen, "10,9,8...3,2,1".
The crystal ball glowed, and Ruixiang's "cartoon elephant" logo appeared, as well as a series of words, "The first phase of Ruixiang Industry Win-Win Fund raised US$300 million."
The reporters in the audience immediately captured this wonderful moment, and the flashbulbs shone across the audience.
Next it was time for the organizer to speak. Zhang Yida, in a suit and leather shoes, walked to the podium with a corsage on his chest.
Zhang Yida is already familiar with speaking on stage. Looking at the dark audience, he smiled into the microphone and said:
“First of all, welcome all guests for your arrival and support. On behalf of Ruixiang Fintech Group, I would like to express my sincere gratitude to you all...
Why launch the Ruixiang Industry Win-Win Fund?
In fact, this idea came to me when I received the first financing from teachers Xu Xiaoming and Shen Beipeng.
As an entrepreneur, you must first have a good idea, then technology, and then funds.
Speaking of funds, I can share a little story with you here.
A short story about Ruixiang’s Series A financing.”
Having said this, Zhang Yida glanced at Xu Xiaoming and Shen Beipeng sitting in the first row, who were looking at him with smiles.
Zhang Yida continued:
“At that time, Ruixiang had many development strategies and ideas, but due to financial problems, it was never possible to realize all of the ideas.
In addition, due to limited funds, our office was squeezed into the mass entrepreneurship and innovation center of the school that supports entrepreneurship.
The office buildings outside are too expensive to rent!
Through the introduction of the school teacher, I met Teacher Xu Xiaoming, and he introduced me to Teacher Shen Beipeng.
The two teachers helped Ruixiang a lot, and I am very grateful.
After receiving Series A financing, Ruixiang moved into a luxurious 5A Grade A office building.
In the clean, tidy and bright office building, Ruixiang's development is on the right track.
Recruit more elite talents and open more business lines...
In one year, Ruixiang has completed the development path that traditional enterprises may take 10 years.
And all of this is inseparable from investors who accompany Ruixiang's growth all the way.
Therefore, after Ruixiang achieved certain results, I wanted to help support some entrepreneurs who were in the same situation as me and help them solve their financial problems.
Give them wings and let them fly freely!
Let me introduce Ruixiang Industry Win-Win Fund in detail here.
You can think of it as VC, PE and angels.
We don’t care what stage the invested companies are in. As long as they are good companies that we think are good, we will invest in them, whether they are in the early stage or in the mature stage.
In addition, the name of the fund is "win-win", and its purpose is to achieve a win-win situation for both the fund and the invested company, focusing on strategic investment and supplemented by financial investment.
We do not interfere with the controlling rights of companies and are willing to grow and develop together with the companies we invest in.
The investment field focuses on emerging technology and new consumer economy companies, supplemented by education, medical and industrial technology.
If you have good entrepreneurial projects, you can send more financing letters of intent to Ruixiang Industry Win-Win Fund in the future."
After the speech, the audience applauded like thunder.
Next is the buffet reception.
Zhang Yida took a goblet of champagne and started chatting with the visiting investors and entrepreneurs.
Huang Xin from Magnesium Group, Zhang Ming from Toutiao, and Chen Wei from Didi were all present and were chatting together.
Zhang Yida also came forward to say hello: "Three brothers, what are you talking about? You are so happy."
Chen Wei chuckled, narrowed his eyes and said, "Mr. Zhang, what a big deal! We are fighting Kuai to the death, why don't you consider supporting our brothers?"
"That's no problem! If you release any shares, Ruixiang Industrial Fund will eat them all." Zhang Yida knew he was joking, but if he really gave up his share, he could still make an investment.
Chen Wei did not continue the topic and just laughed it off. Penguin is now the major shareholder of Didi, and it is also leading the upcoming D round of financing. Temasek and DST are both well-known international investment banks.
Ruixiang's energy was too small and he couldn't give Didi anything he wanted except money.
"I heard that Qiandu Food Delivery will spend 20 billion to subsidize it. Isn't the pressure very great?" Zhang Yida looked at Huang Xin and joked.
"Fortunately, Qiandu, a big dog, came in to disrupt the market. Let it go sideways for a few days, and the future will be long."
Huang Xin said confidently. As he stood there, a burst of arrogance came out.
Zhang Yida nodded, Huang Xin became more and more mature and had the air of a general. No wonder he defeated one competitor after another, was beaten many times by society, and also grew up.
Qiandu missed the opportunity to transform into mobile Internet and is now desperately grasping for life-saving straws.
O2O has been targeted, and Qiandu Nuomi and Qiandu Takeout have been launched one after another. With the support of huge funds and traffic, this is the time when it is at its peak.
Before Zhang Yida could ask Zhang Ming, the other party asked first:
"How about your Huimin Bicycle? I think the project is quite interesting, but management is a big problem."
"It's not bad! The crowd tactics can be managed. It's just that it's relatively low-key, and the project isn't sexy at all. It's more like a traditional industry."
Zhang Yida is relatively modest and deliberately demeans himself.
"I think there is a lot of room for cooperation with Didi in this shared bicycle business. When will the next round of financing be opened? Didi will also participate."
Chen Wei was a good man and had a keen sense of smell, so he set his sights on Huimin Bicycle.
"Okay! We welcome Didi to participate in the next round of financing." Zhang Yida knew that Chen Wei was very ambitious, otherwise he would not acquire Xiaolan Bicycle in the future.
Both are travel companies. Bicycle sharing and taxi-hailing can complement each other and share traffic. It has a 1+12 effect.
But Didi is still fighting fiercely with Kuaidi and can't care about this one for the time being.
Otherwise, if Didi comes in and interferes, Zhang Yida will be a little panicked. This is also a boss who is not short of money. If he comes in and gives you user subsidies, he will be so angry that he vomits blood.
Shen Beipeng walked over with a goblet in his hand and said with a smile:
"What are the young heroes talking about? I'm here to join in the fun."
Zhang Yida, Huang Xin and others greeted him one after another. This also shows Shen Beipeng's status in the venture capital circle, and he is already the number one venture capital investor in China.
After a few chats, Shen Beipeng called Zhang Yida away and said softly as he walked away:
"Haven't you always wanted to find a CEO for Huimin Bicycle? I found a suitable candidate."
"Really? That's great." Zhang Yida's current energy is too much involved in Huimin Bicycle. Next year there will be a mobile payment war, and there is also the matter of Yimin Financial splitting up P2P and going public. It can be said that he is very busy. Open business.
Therefore, Zhang Yida has always wanted to find a suitable candidate to serve as the CEO of Huimin Bicycle. He will serve as the chairman to be responsible for the strategic direction, and the CEO will be responsible for the specific implementation and execution.
"His name is Huang Xiaofeng, the former general manager of Uber Shanghai. He joined P&G as a management trainee after graduating in 1997; he joined Google in 2006 and was the early operations team of Google China; and he went to Penguin in 2011 and served as the head of Penguin Soso. Deputy General Manager.”
Shen Beipeng said while walking with Zhang Yida.
Zhang Yida remembered who this was. In his previous life, he was the CEO of Bicycle Bike. He was indeed a capable person. When fof was first introduced to the market for half a year, he led the team of Bike Bicycle to catch up, and even vaguely surpassed it.
This is the difference between those with management experience and those without. One is a management guru with nearly 20 years of experience in Internet and consumer goods management, and the other is a graduate student from Beijing University with no management experience and one or two failed entrepreneurial experiences.
The great situation was missed by Daiwei, which is why Zhang Yida founded the shared bicycle without him.
Give Daiwei one million and let him play on his own! Let’s practice for a few years and be smoothed out by society.
In a private room on one side of the hotel, Zhang Yida met Huang Xiaofeng, and Xu Xiaoming was chatting with him.
Zhang Yida shook hands with Huang Xiaofeng, and they all sat on the sofa and chatted.
"Mr. Huang, what do you think of Huimin Bicycle?" Zhang Yida began to ask questions. Although he was a celebrity in his past life, he had never dealt with him before, so he still had to do some testing.
Huang Xiaofeng had just resigned from Uber and was preparing to start his own business, so he came to Beijing to attract investment. He happened to catch up with the establishment of the Ruixiang Industry Win-Win Fund, so he came here to try his luck.
At the cocktail party, an investor friend introduced him to Shen Beipeng and Xu Xiaoming. The two were not interested in his entrepreneurial project, but they were very interested in him as a person.
Zhang Yida asked them to find a CEO for Huimin Bicycle. They thought Huang Xiaofeng was pretty good, so the next scene happened.
Huang Xiaofeng was born in 1975, and was not yet 40 years old at this time. He was in his prime, and he was no stranger to the famous Zhang Yida. He knew that this was a rising star, so he tried his best to show it:
"Huimin Bicycle pioneered the concept of Internet bike sharing, which is extraordinary and has unlimited future development prospects."
Zhang Yida smiled and didn't answer. His ears were already numb from hearing all kinds of praises, and they were not worth mentioning.
When Huang Xiaofeng saw this, he knew that he had to show some real skills, and then said:
"But the flaws are also obvious. The technical barriers are not high, and there will be a lot of competitors soon."
Seeing Zhang Yida, Shen and Xu both nodded in agreement, Huang Xiaofeng continued:
"There is only one way to crack it, which is to occupy the national market as quickly as possible and form barriers based on scale. Let others use the trap to prevent others from giving up easily."
When he got to the point, he coincided with Zhang Yida's opinion. Zhang Yida looked at Huang Xiaofeng and asked:
“How to occupy the national market as quickly as possible?”
Huang Xiaofeng smiled and said:
"It's still a stupid way, financing - building bicycles - subsidizing users - increasing data - refinancing.
The faster the pace, the better. It is best to launch a round of financing within a few months. This will leave all competitors behind."
The content is quite simple and unpretentious, but it is indeed the most effective method.
Zhang Yida looked at Huang Xiaofeng and smiled:
"I would like to invite Mr. Huang to come to Huimin Bicycle as CEO. I wonder if Mr. Huang is interested in joining?"
When Huang Xiaofeng heard the questions Zhang Yida asked him before, he somewhat expected that he might be trying to recruit him.
After hesitating for a moment, Huang Xiaofeng stretched out his right hand and said, "I'm very happy!"
Zhang Yida also stretched out his hand and shook Huang Xiaofeng's hands tightly, saying with a happy face:
“Welcome to the Huimin Bicycle family!”
Shen Beipeng and Xu Xiaoming looked at each other and it was done! They had always been worried that Zhang Yida had too many careers and was too distracted. This problem could finally be solved.
Zhang Yida was also very happy and hired the future CEO of Mobike to see what Fu Weiwei and Li Bing would do.
A man is a reporter and media player, and he works in shared bicycles across industries. He focuses all his energy on electric vehicles. If Mobike still wants to reach the heights of its previous life, I will never give them this opportunity.
For Huang Xiaofeng, joining Huimin Bicycle, a company with a bright future, is also a very lucky thing.
He felt that whether he would ever have a chance to be successful in his life would all depend on Huimin Bicycle.
Secretly cheer yourself up, you must take Huimin Bicycle to a new height and open a new glorious chapter for yourself!