"Ruotong, you are right, Ma Yibo may have no funds. Even if he wants to invest more, he will not have the principal";

"Do you think this is possible? Our distant investment can lend him money, but he needs to use Aunt Qin's shares as collateral. What do you think?"

"no".

An Ruotong replied decisively.

"Yuanfang, maybe you really helped Ma Yibo out of your appreciation for him, but others may not think so, especially if you let them use Aunt Qin's shares as collateral";

“This is a routine that many investment companies use to kick founders out directly”;

"If Ma Yibo thinks that we want his Aunt Qin, then the gain outweighs the loss";

"Although I also want to invest in Aunt Qin, Ma Yibo saved our Tongtong. There is no need to cause unhappiness for such a thing."

Wu Yuanfang also woke up. He really didn't think so just now;

But in reality, it’s not uncommon for founders to be driven away by such traps;

If, after he said this to Ma Yibo, Ma Yibo misunderstood, would it be called more gain than loss?

However, Ma Yibo has no collateral. Even if he is the head of Yuanfang Investment, it is difficult to lend funds directly to Ma Yibo, even with interest.

"Forget it, forget about it for now, I'll make a call first and ask about Didi's situation";

"Last time he said he would go back to his hometown during the New Year, but I don't know if he has gone back yet"?

After finishing speaking, Wu Yuanfang picked up his mobile phone and started to call Ma Yibo;

“I went back yesterday, and I even posted it on Moments specifically”;

"Oh, you don't read Moments very much";

Although An Ruotong is a strong woman, she has common problems with women. The people she adds on WeChat are all familiar friends. She usually posts some exquisite photos or food of herself, and she can be regarded as a show-loving expert;

Yesterday, Ma Yibo posted a photo of the highway on WeChat Moments, along with a description of returning home, and An Ruotong also gave it a like.

"Yibo, I heard you went back to your hometown, are you there yet?"

Ma Yibo was actually a little confused. He was planning to find a time to call Wu Yuanfang and ask him to arrange Wang Zuojun's work?

However, before he could think of how to speak, he saw his cell phone ringing, and the caller ID was Wu Yuanfang;

It's really a good idea to use the pillow when you feel sleepy.

"Brother Wu, I just got home today and just finished dinner. Have you eaten?"

There were only a handful of times Wu Yuanfang called Ma Yibo on his own initiative. This time, Ma Yibo was a little strange;

Logically speaking, given Wu Yuanfang's status, Ma Yibo is out of reach;

This saved Tongtong, and the two began to interact, and later invested in Didi and ByteDance.

"After eating, your sister Ruotong was still saying that you were going home, but you didn't say anything when you came home";

"After the Chinese New Year, I came to our house for dinner. Ruoxi said she wanted to communicate more with you";

A girl with a delicate face, slender figure, and dignified air automatically appeared in Ma Yibo's mind. He met An Ruotong when he came to Aunt Qin last time;

However, what Ma Yibo didn't know was that An Ruotong was planning to let Ma Yibo and An Ruoxi get to know each other;

After returning, An Ruotong recommended the WeChat business cards of An Ruoxi and Ma Yibo to each other, and Ma Yibo also took the initiative to add each other;

However, after just saying hello, he became a stranger in the address book again.

"Okay, after the Chinese New Year, I must go see Tongtong, and by the way, I can show you some of our characteristics."

…

The two chatted for a while, and Wu Yuanfang started to get down to the topic: "Yibo, I heard that Didi is preparing to start Series B financing. Do you know about this?"

"So fast"?

Although Ma Yibo had expectations in his heart, he did not expect it to happen so quickly;

According to the financing time in the previous life, it was almost April or May 2013, but it is only February now;

However, when I thought about it, it was February now, Didi just had this idea and let it out, and when it came time to raise funds, it was about the same time;

"Well, it is estimated that the negotiations will start around the end of the year, and the negotiations will probably take a few months, and they will be finalized around April."

"For this financing, Mr. Cheng and his colleagues have initially quoted a valuation of US$100 million, which may release 15%-20% of the equity."

Now, Ma Yibo was right. In the last life, Didi had such a development trajectory, and in the B round of financing, the giant Penguin Investment entered the market and took 15% of the shares;

As for Didi, it was precisely because of the entry of Penguin Investment that it began its rapid development model;

Didn’t you see that all kinds of coupons and various promotions are done through WeChat?

Without WeChat, it would be difficult for Didi to develop so rapidly;

Didi’s success is due to the vision of its founder and the power of capital;

If Kuaidi had been invested by Penguin, it might have been a different scenario.

"It's almost the same. The 20 million we gave last time is probably almost gone. It's time for the next round of financing."

Ma Yibo was also helpless. He had previously planned to see if he could do something to make some extra money before Didi's next financing, so as to prevent the shares from being diluted too quickly during the next financing;

But now it seems that Bolong Cross-border is indeed very profitable, but time is limited and it has to expand its scale and development;

Aunt Qin also just took out a loan of 10 million to purchase a food factory. Although there are several million in funds in her account, this small amount of money is not enough for additional investment in Didi;

The most important thing is that once Aunt Qin’s funds are withdrawn by Ma Yibo to invest in Didi, Aunt Qin will most likely collapse due to capital chain problems;

Today's Aunt Qin is always tearing down the east wall to make up for the west wall, but because of its rapid development and good model, it can be reversed;

Aunt Qin Food Factory mainly makes self-heating pots, but self-heating pots belong to the real industry. It is simply unrealistic to quickly realize cash and accumulate funds;

Moreover, Aunt Qin Food Factory is still the focus of consuming funds. The acquisition costs, renovation of the food factory, and recruitment of workers, etc., make it difficult for Ma Yibo to come up with funds in a short period of time.

A penny can stump a hero;

In the face of tens of millions of funds, Ma Yibo's cash of more than 100,000 is a drop in the bucket.

"So are you planning to join the investment this time? I think Didi is developing very well";

Wu Yuanfang is just telling lies with open eyes. He specifically misquoted Ma Yibo precisely because he was not sure about Didi’s development model;

But Ma Yibo didn’t know it at all. Perhaps Ma Yibo subconsciously felt that Didi’s development was very powerful;

After all, everything has been verified in the previous life;

Therefore, Wu Yuanfang’s words were not doubted;

You must know that Wu Yuanfang is not only a super rich second generation, but also very capable and can see the future of Didi. This is only reasonable.

"Brother Wu, to tell you the truth, I really want to invest, but I really have no money."

"I only have less than 200,000 yuan on hand, and I don't think I will have much left after the Chinese New Year."

"Didi is valued at US$100 million, and 15% is valued at US$15 million, or RMB 100 million. Even if it sells me, it won't be able to handle it."

This is Ma Yibo's true words, but the reason why Wu Yuanfang has been able to reach this point is not to be emotional, especially with tens of millions or even hundreds of millions of dollars, who dares to be emotional?

Therefore, Wu Yuanfang was dubious about Ma Yibo's words;

Everyone can say good things, especially since Ma Yibo owns 10% of Didi’s shares. It’s not too much to say good things about Didi.

Don't think that those rich people are straightforward. On the contrary, they only think more about a problem, weigh the pros and cons of all aspects, and come to a conclusion.

"Yibo, brother, let me tell you the truth. I think you are very knowledgeable about Didi's development, so I don't want your shares to be diluted too much";

Ma Yibo nodded unconsciously at these words. These days, if there is one person who has a particularly clear vision of Didi's development plan, it is Ma Yibo;

After Ma Yibo and Wu Yuanfang invested in Didi last time, even Wu Yuanfang, who didn't understand much about Didi's development ideas, Ma Yibo told Cheng Wei, felt that there was great potential.

"I just told you, Sister Ruotong, that I can't let you mortgage Aunt Qin's shares to the bank, but I think it's too risky. The gain outweighs the loss."

Wu Yuanfang said what he just said, and An Ruotong beside him also rolled his eyes;

What I just mentioned was obviously a mortgage to a distant investment, but now it has become a bank;

However, when it becomes a bank, it immediately feels different.

Ma Yibo also smiled bitterly. Aunt Qin's previous loan of 10 million, although it was a business loan, was only for the development of Aunt Qin, but it was actually a mortgage of the entire Aunt Qin;

If Aunt Qin fails to repay this amount, the bank will definitely use Aunt Qin to pay off the debt;

Now to mortgage the shares is equivalent to a second mortgage;

You can know how difficult it is to get a second mortgage without even thinking about it;

However, if the asset appreciates a lot in a short period of time, the increased value can be mortgaged;

But this will only happen after Aunt Qin’s ten other stores open in the next year and continue to operate for a period of time;

Water from afar cannot quench thirst from afar.

"Brother Wu, to tell you the truth, last month, Aunt Qin, I took out a loan of 10 million, and now I want to get a second mortgage, which is totally out of the question";

"Hey, no, Aunt Qin can't mortgage it, but Didi shares can. I'll ask the bank first to see if they want it";

As he talked, Ma Yibo seemed to have discovered something;

Currently, Ma Yibo only has three industries, Qin Aunt, Bolong Cross-border, Didi and ByteDance shares;

Don't even think about it, Aunt Qin, she can't get the funds out at all;

Bolong Cross-border, that thing is even more fictitious, and banks may not even recognize it, and there are also shares of Liu Long and Zhao Ke. In addition, Liu Long seems to be applying for a business loan for Bolong Cross-border;

As for the current shares of ByteDance, they are really worthless. Except for investment companies, banks probably won’t even look at them;

Didi shares may still have a certain possibility. After all, once the financing is successful this time, the market value will be US$100 million;

Ma Yibo’s previous investment of 10 million instantly turned into more than 60 million;

Using this value as collateral, even if there are fractures and fractures, which is 25% of the value, you can still lend about 15 million;

With these funds, although it is a bit unrealistic to continue to hold 10% of the shares with a market value of US$100 million;
Chapter completed!