It has to be said that Rosen, who is unable to make money and salt, has made the three major investment banks very helpless.

There are dozens of partners behind Rosen Law Firm, and together they are quite a force.

But procrastinating like this was not an option, and it was easy for Zhang Yida to underestimate him, so the three major investment banks had no choice but to negotiate privately with Rosen.

As long as he is willing to give money, Rosen is still easy to talk to.

Rosen made an offer of US$20 million, and naturally the three major investment banks were unwilling to be blackmailed.

After several haggling, the three major investment banks finally paid US$6 million.

Rosen Law Firm withdrew the lawsuit after communicating with the investors.

The three major investment banks contacted Zhang Yida with the good news that the trouble had been solved, saying that they had used the power of Wall Street to intimidate Rosen Law Firm.

Zhang Yida did not have too many doubts. He felt that the three major investment banks were indeed quite powerful and settled a class action lawsuit easily.

Representatives of the three major investment banks also appropriately raised their own requirements, hoping that Ruixiang and Zhonghe could cooperate again when they go public.

Zhang Yida said that under the same conditions, he would definitely give priority to the three major investment banks.

…

"The blockchain revolution has arrived. It is a great technological revolution in which those who follow it will prosper and those who go against it will perish. Its subversion of tradition will be more rapid and thorough than the Internet and mobile Internet..."

In the middle of the night, Xu Xiaoming posted a long article in the group of CEOs of companies invested by Zhenke Fund.

In addition to calling on entrepreneurs to focus on their own business, it also allows everyone to understand the blockchain, understand ICO, and enter the blockchain era.

Xu Xiaoming also said that all executives and employees should be mobilized immediately to learn how to embrace this revolution.

Xu Xiaoming also invited Zhang Yida to talk about the application of blockchain in Ruixiang's industries.

Zhang Yida was speechless. Teacher Xu Xiaoming had followed him and hit more than a dozen unicorns. He was still not satisfied. Why did he go to the muddy waters of the currency circle?

It is true that many people in the currency circle have made a lot of money, but there are even more people who have lost money.

Xu Xiaoming is so high-profile, I am afraid that he will be both criticized and praised in the future, and his career will be ruined.

Zhang Yida wanted to pretend not to see the WeChat message, but Xu Xiaoming called him again and asked him to say a few words in the group to warm things up.

Zhang Yida reluctantly typed in the group and wrote: "Blockchain technology has already had relatively mature applications in the financial industry...

But Ruixiang will not conduct an ICO and will only focus on the underlying technology and practical applications."

Zhang Yida's last words made Xu Xiaoming not particularly satisfied.

He had mentioned to Zhang Yida very early on that there was a lot of potential in the currency circle and he wanted to enter the market as soon as possible.

But Zhang Yida refused to issue virtual currency even to death, so he couldn't force it.

Zhang Yida rarely speaks in the group, but when he spoke at this moment, the CEO group of 500 people exploded.

Many CEOs say they want to embrace the blockchain era and transform, whatever they want.

Zhang Yida immediately retreated. He was not very interested in this thing.

Ruixiang makes a virtual currency and can easily cut billions of leeks, but how can it be done?

How can there be a sense of accomplishment in cutting leeks and American leeks?

Although Zhang Yida spoke in a low-key manner and stated that he would not conduct an ICO, the chat records of the Zhenke Fund CEO group were still circulated online.

"Zhang Yida waved the flag, Xu Xiaoming shouted, the blockchain era has arrived",

"The richest man invests in blockchain", "Looking for the next Zhang Yida in the blockchain field".

The media insisted on writing nonsense, which gave Zhang Yida a headache, so he had to quickly clarify, saying that he had not invested in any virtual currency, but only valued blockchain technology. Don't confuse technology with ICO.

Regarding Zhang Yida's clarification, most people were dubious and felt that it was an attempt to welcome but refuse.

Bitcoin has dropped a bit from last year's high of $20,000, and many people began to recharge their faith with the purpose of buying the bottom.

At Ruixiang Industrial Investment Fund, the mailbox is also filled with investment plans for various virtual currency projects.

Lan Lan came to ask Zhang Yida for instructions on how to deal with it. Zhang Yida told everyone to pass, leaving no one behind.

Even Sun Yuchen called Zhang Yida again and asked if he wanted to get on the bus and guaranteed him a minimum profit of 1 billion.

Zhang Yida has no interest in the crazy currency circle, but has turned his attention to fresh food e-commerce.

The fresh food industry is a relatively long one, and no company has yet successfully made a profit.

The most widely circulated saying in the industry is "the leftover is king". Whoever survives to the end will be the biggest winner.

There is also the term "Retail Death Valley", which refers to the fact that after a retail chain opens many stores, management and IT costs will first increase, which will lead to losses and negative cash flow.

This means that more stores need to be opened to demonstrate advantages to cover management costs.

On the basis of finding commonalities, the headquarters will go upstream to integrate the supply chain to reduce costs or develop new products.

Only by squeezing profits from upstream or developing higher-profit products can retail companies get out of the valley of death.

From the emergence of Shunfeng Selection and No. 1 store in 2012, to Wumart and Yonghui's attempts to operate e-commerce, then Tiantian Orchard, Delicious Qiqi entered the market, and then Hema Xiansheng and Daily Youxian.

In the past six years, there have been three waves of entrepreneurial trends, but no one dared to say that they had found the right way to start.

This year, the fourth wave of trends has begun to emerge. Players from all walks of life are rushing to seize small community businesses and carry out high-penetration play. This is also a reflection of the escalation of the fresh food battlefield.

After exploring the path of their predecessors, the entrepreneurs all thought they had found the right way to open it.

Zhang Yida had some ideas, but he was not in a hurry to implement them. Instead, he went to Meicai.com and met with their CEO Liu Chuanjun.

Liu Chuanjun was born in 1982. He wears glasses and is slightly chubby. He looks like he has a technical background. He has a very similar temperament to Su Hua.

In fact, this is indeed the case. He has a master's degree in space physics from the Chinese Academy of Sciences and has participated in the research of Shenzhou 6, 7 spacecraft, Chang'e 3 satellite and the Yinghuo 1 satellite that explored Mars.

Later, he went overseas to start a business, and the Wowo Group he founded was once the industry leader. Later, Huang Xin had the last laugh.

In the middle of 2014, he founded Meicai.com and received 10 million yuan in angel investment from Zhenke Fund.

Later, Xu Xiaoping introduced the project to Zhang Yida, and Ruixiang invested US$10 million in the A+ round of financing and obtained 10% of the shares of Meicai.com.

Meicai.com is now valued at US$2.8 billion. Judging from the books, Ruixiang has made a lot of money from this investment.

However, like most fresh food peers, Meicai.com is still unable to make a profit.

Liu Chuanjun smiled and said: "Is this the first time for Mr. Zhang to come to Meicai Internet Cafe?"
Chapter completed!