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Chapter 107: Exchange of Interests

"Mr. Cheng, we met again today. This time I will introduce a friend to us who is also an investor";

When Ma Yibo saw Mr. Cheng again, there were some differences. Originally, he planned to go to Yangcheng this morning, but now he was dragged over.

"Haha, I just said, Ma is always our Didi nobleman, as expected";

Cheng Wei was also very happy. Not only did Ma Yibo invest tens of millions of dollars yesterday, but he also introduced another investor today. It is not an exaggeration to say he is a noble person.

Last night, Ma Yibo told him to introduce an investor to him on WeChat. Cheng Wei still didn't believe it. He didn't expect to come directly to the company today, which was inevitable.

As for Ma Yibo, he also felt that fate had tricked him. He wanted to invest in ByteDance before, but was blocked by a distant investment company;

And now, I have to introduce Didi to Yuanfang Investment;

I have to say that investing in Yuanfang in this life is like having bad luck;

In a few years, whether it’s ByteDance or Didi, Yuanfang’s investments will be filled with money and fame and fortune will be gained.

Last night, after Ma Yibo changed his clothes, he received a call from Wu Yuanfang, asking him to go to the second floor of the hotel for supper and drinks;

Ma Yibo was not surprised at all;

Wu Yuanfang met him in the afternoon and asked him to have supper with him in the evening;

Ma Yibo didn't believe it, it was just a late night snack and a chat just now;

We are all adults, and some of our thoughts are clear, but we just don’t care about them;

Sometimes, we can also help each other, just like how Ma Yibo introduced Yuanfang Investment to Cheng Wei now.

When he went down to the second floor, Ma Yibo saw Wu Yuanfang and An Ruotong already sitting in the same place and waving to him.

"Brother Wu, Sister Ruotong, thank you for your clothes. I didn't expect it to be so cold in the capital in winter";

"Yi Bo, I see that you don't often travel far away. You are like us. There are clothes for almost all seasons in your suitcase. I am worried that you will have to go on a business trip to other places because of something unexpected."

An Ruotong didn't say much about the clothes he gave to Ma Yibo, although a set of clothes was worth tens of thousands;

But for them, there is no difference between buying a roadside stall from Ma Yibo.

"I am just a free person, a vegetable seller, where else can I go on a business trip";

"Come on, Brother Wu, let's go first";

Looking at the red wine in the goblet, Ma Yibo shook the glass and took a sip and said: "Red wine, this thing is not as good as our Erguotou";

Yes, beer and liquor have always been the mainstream in my country, and wine can only be regarded as a beverage market;

Since the reform and opening up, foreign investment has been vigorously attracted. With the inflow of foreigners, foreign tastes have gradually been accepted by everyone;

Red wine has gradually become the standard in high-end party venues, while our liquor and beer are gradually withdrawing from this stage. Beer, in particular, can be said to be difficult to attend high-end parties.

"Haha, Yibo is really a generous person, and so am I. I just like a good sip of white wine";

"However, people in Jianghu generally adapt to the outside environment";

An Ruotong didn't know whether it was true or not about what the two said. Baijiu, what was it? Besides being spicy and choking, she didn't know why those men liked this drink;

Red wine is the favorite of us women. It can not only enjoy the pleasure of being drunk, but also has a beautifying effect.

"Yibo, you would say that you invested in Didi, what aspects of that company do you think attracted you?";

"I'm not afraid of your jokes, brother, I just asked someone to check. Didi is indeed a blank in the market, but it doesn't have such strong market stickiness";

"Tell me, brother, if possible, I would also like to work with you."

Ma Yibo also admired Wu Yuanfang's relatively honest attitude;

Not only did the other party not ignore him because of his poor status;

On the contrary, like friends, we share the blessings;

This kind of quality will leave a good impression even if the parties involved deny the other party's investment in the end. If there is a need in this area in the future, Wu Yuanfang will definitely be the first choice.

"Brother Wu, the current Didi is indeed in its infancy. However, precisely because it is in its infancy, the risks are high, and the rewards in the later period are also very impressive";

Ma Yibo's view, to Wu Yuanfang, is as nutritious as eating when you are hungry or drinking water when you are thirsty. It is a true nonsense;

For investment companies like them, how can they not know that venture capital has the highest rate of return;

But similarly, venture capital carries the greatest risk, and often more than 90% of projects cannot withstand the next round of financing, so the venture capital funds will be wasted;

The further you go, although the profit rate of return will be lower, the risk will be relatively less.

"Taking first-tier cities as an example, car rentals in the city center will never lack customers during peak commuting periods. You shouldn't deny this, right?"

Wu Yuanfang and An Ruotong listened carefully to Ma Yibo's next explanation, and nodded in agreement.

"There is no shortage of taxi customers, this is reality";

"But users lack cars, which is a big problem";

“When taxi drivers pick up passengers during non-commuting hours, it depends on their luck”;

"Currently, Didi is solving this problem of resource imbalance through online services."

"Through Didi, drivers without customers can find customers as quickly as possible, which not only improves the efficiency of driving, but also resolves the embarrassing situation where users have no car to sit in."

"Yibo, what you are talking about is indeed valuable, but if it is just this function, it is too replaceable";

"If a taxi company builds an app of their own, they will hardly need to promote it. Drivers can register. As long as there are users, they can almost be revitalized. This kind of blow will undoubtedly be a devastating blow to Didi."

Wu Yuanfang asked his question, which was also something he had been unable to figure out.

"Brother Wu, this is a very good question. If a taxi company makes an app now and invests a certain amount of resources in promoting it, it will not cause Didi any trouble."

"But, would the officials of the taxi company take the initiative to do such a seemingly meaningless thing?"

"Even if someone proposes it, will it be approved by the superior department?"

"Even if it is approved, there are so many taxi companies across the country, who will be the main one, unless it is a national department."

The bigger your business gets, the more troubled you become about the complicated procedures in officialdom;

The word "official" has two pronunciations.

This reason, especially the last reason, is definitely the most important;

Within the same system, I would rather use a third-party than one from other companies in the system. The rules and regulations here are not enough for outsiders to understand.

"Actually, the taxi market is only the first step for Didi, and it is also the whetstone for opening up the market. The final move is the most critical, and it is also the magic weapon for Didi to win unexpectedly";

Both Wu Yuanfang and An Ruotong were very interested in Ma Yibo's words;

Perhaps, it was this trump card that was the key to Ma Yibo’s decision to invest;

The reasons just mentioned are just reasons, and they don’t have to be yours;

The key is core competitiveness, which is the foundation of existence.

"Oh, I'm all ears";

Wu Yuanfang was not in a hurry. It was just a chat. If it was valuable, he would follow up. If it was not valuable, he would wait and see.

The most important thing is that Wu Yuanfang feels that Ma Yibo only has more than 10 million, and it is impossible to spend 10 million randomly on investment. He must have his own uniqueness.

"What if, when the taxi market develops, or when there is a group of users, drivers are not limited to car rental drivers?"

"What's the meaning"?

Wu Yuanfang and Wu Yuanfang also frowned. They always felt that this place was very important, but they didn't figure it out for the moment.

"To put it bluntly, after Didi has a group of seed users and taxi drivers, will Didi directly include private cars?"

"Let private car drivers act as Didi drivers, or take passengers along to wait";

"It can be understood that we can become universal drivers and universal customers";

"A driver can be a user, and a user can also be a driver";

Not only Wu Yuanfang was shocked, but An Ruotong was also excited;

The number of vehicles nationwide is conservatively estimated to be in the hundreds of millions, and the same applies to drivers with driver's licenses, that is, private car drivers;

These people all become Didi’s drivers. The scene is so thrilling to imagine;

Didi can not only change the way Chinese people travel, but it can also have such a broad stage.

"Yibo, after you invested in Didi today, does the other party still have plans to continue financing?"

Wu Yuanfang was particularly excited at this time, mainly because the scene painted by Ma Yibo was too tempting;

As an investor, it is definitely a blessing to be able to invest in a company that changes people's lifestyles;

Just like a writer, it is gratifying to write a good book that will last forever.

"Brother Wu, I can introduce you to their founder. According to Didi's model, the demand for funds is bottomless, so I probably won't refuse";

"I will make an appointment with Mr. Cheng later and ask him to wait at the company at ten o'clock tomorrow morning."

This is how Ma Yibo sent a WeChat message to Cheng Wei at night.

"By the way, Brother Wu, if you invest in ByteDance, how much share do you hold? I also want to invest. Can you tell Mr. Zhang about it? I don't need to ask for voting rights, and I can just hand it over to Mr. Zhang."

Regarding byte jitter, Ma Yibo still doesn’t give up;

Even if there is only 1% of the shares, it will be a huge sum of money in a few years. The most important thing is that riding on the Byte Jitter will be beneficial to the development of Aunt Qin.

"Yibo, you are so optimistic about ByteDitter, our Yuanfang Investment holds 35% of the shares";

Awesome, when Ma Yibo heard this ratio, he could only say "awesome" in his heart;

35% of Byte Dither. If Byte Dither continues to raise funds later, Yuanfang Investment can maintain this shareholding ratio. It will definitely be the largest shareholder in the future, and its wealth will be comparable to that of Alibaba at its peak;

However, this idea is unlikely to be realized. After all, if a company wants to develop in the long term, the investors’ equity must be dispersed, otherwise the founders are likely to be kicked out;
Chapter completed!
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