"Not bad, not bad. Everyone has been doing well in the past three months."
In the blink of an eye, it was 2007.
In the last few months of 2006, Didi Hailing Taxis went crazy.
One billion US dollars was thrown into the market like a piece of paper.
One billion US dollars was accidentally spent by Cheng Wei, Liu Qing, and the others.
Although this seemed to be too wasteful and even capricious.
But to be honest, for Chen Yu, this was not the case.
In his previous life, when Didi Taxi competed with Uber, it was as crazy as it was now.
They also took a lot of money to subsidize and then opened the market.
It was just that Chen Yu brought forward this seemingly wasteful way of spending money.
"Boss Chen, there's something more troublesome."
"What trouble?"
"The investment company represented by Goldman Sachs is coming to the headquarters."
"What are you afraid of?"
"They are investors after all. They have the right to ask after we spend one billion US dollars like this."
"They do have the right to ask, but it's just asking. Besides, the money is in our hands. We can spend it however we want."
"That's what you say, but …"
"When are they coming?"
"Tomorrow."
"Okay, I'll show up tomorrow."
The next day.
Gao Sheng and a group of investment representatives went to Didi Taxi headquarters.
However, when they saw Chen Yu in front of everyone, Gao Sheng's representatives became much more docile.
"Everyone, welcome to Didi Taxi. By the way, do you have any questions? "
To Liu Qing and Cheng Wei, Gao Sheng's representatives might be able to pretend to be arrogant.
But when they saw Chen Yu …
A person's name was like a tree's shadow.
For such an Internet tycoon, the richest man in the world …
Not to mention these investment representatives, even if a group of company CEOs came over, they would have to talk to him nicely.
But even so, they still had to report. Gao Sheng's representative, Will, said, "Mr. Chen Yu, we don't agree with Didi Taxi's crazy spending model."
"Oh, why?"
"Although we see that this kind of spending model does have a certain effect, it's too much of a waste of money. If we follow our plan, we only need 100 million USD, and we can get a good promotion and publicity effect. "
"Is that so? If you guys are really so good, then why don't you guys create a taxi app to compete with us?"
"Mr. Chen Yu, we are your investment partners, not your competitors."
"I know, but you should also know that how to spend this money and how much to spend is Didi Company's business."
"But we also have the right to supervise."
"Yes, you have the right to supervise. Can I not listen?"
"Mr. Chen Yu …"
Wei Jian was so angry at Chen Yu that he almost vomited blood.
But what could he do?
Whether it was in terms of aura or laws, he couldn't do anything to Didi Taxi.
As for why a series of companies previously respected venture capital, it was because these venture capital companies represented capital.
Although they did not participate in the specific operations of the company, they were the gods of wealth.
Since he was the God of Wealth, they had to treat him well.
But to Chen Yu, the God of Fortune was just a financing tool.
Moreover, they weren't money-grubbers. They were willing to invest for their own benefit.
Therefore, Chen Yu didn't have a good temper with them.
"Mr. Chen Yu, if Didi Taxi insists on doing things its own way, then Goldman Sachs will decide to withdraw our investment."
"What about you guys?"
Chen Yu glanced at the others.
"We're the same."
"It seems that you guys have discussed it. But sorry, we've already spent the one billion USD."
"Spent it all?"
"Yes."
"How is that possible? It's only been three months."
"It's true that the time is a little short, but we've really spent it all. You guys don't know, but once we start spending money, we can't stop. Liu Qing, show them our financial statements. "
After Chen Yu finished speaking, Liu Qing took out the company's financial statements.
"Oh my god …"
"We've really spent it all."
"You guys …"
Every expenditure was clearly written on the financial statements.
In three months, they had really spent one billion USD, a total of eight billion RMB.
"In that case, Mr. Chen Yu, we have to return to the headquarters immediately."
"So fast?"
"I'm sorry, we have to report to the headquarters. Your operations are really too amazing."
"Don't worry, we've just started."
Chen Yu waved his hand, telling everyone not to be so anxious. "Everyone, actually, you don't have to be like this. Since everyone invested in Didi Taxi, then we're in the same boat. You guys don't want Didi Taxi to be finished, right? I think that the most important thing now is to continue to raise funds? "
"Raise funds?"
"Yes."
"Raise funds from whom? Mr. Chen Yu, you should know that with Didi Taxi's current model of spending money, not many venture capital companies are willing to invest again. "
"Since others don't want to invest, then let's gather more funds."
"Impossible, we will definitely not invest again."
"If that's the case, then we can only declare Didi Taxi bankrupt."
Chen Yu spread his hands, indicating that he had no other choice.
The one billion USD had been spent.
If he wanted the company to continue, he could only raise funds.
Otherwise, without money, how could Didi Taxi survive?
"Mr. Chen Yu, are you threatening us?"
Will was so angry at Chen Yu that he vomited blood.
He had seen shameless people, but he had never seen such a shameless person.
"I said, we're in the same boat now. You guys don't want to see Didi Taxi go bankrupt, right?"
"Of course we don't."
"Since you don't want to, then we have to continue Didi Taxi. So … "
"…"
They were back to square one again.
If Goldman Sachs and the rest stopped investing, then Didi Taxi could only go bankrupt.
Of course, bankruptcy was not too bad for Didi Taxi.
This is because Goldman Sachs and other venture capital firms have the biggest investments in these companies.
"I have to calm down."
Will massaged his temples. He was about to go crazy.
Originally, he came here to denounce them, but he did not expect to be extorted again.
Although Will secretly scolded Chen Yu for being shameless.
So what if he scolded him?
Did he really want Didi Taxi to go bankrupt?
If Didi Taxi went bankrupt, Goldman Sachs would suffer a huge loss.
"Yes, everyone should calm down. Of course, I don't think everyone needs to be like this. We always think that Didi Taxi will have a huge market in the future. Let me show everyone a set of data … "
Chen Yu could have shown them this set of data before.
However, Chen Yu did not want to give it to them so quickly.
And now, after destroying their confidence, Chen Yu took it out again.
"Although we spent one billion US dollars in the past three months, our data performance is still very good. The number of registered users has already exceeded 100 million, and we have more than 70 million active users. The most convincing thing is our order data. Our global total orders for Didi Taxi have exceeded 30 million in a single day. "
"Although we don't make any money from these 30 million orders, we will collect fees in the future sooner or later. Through our back-end data monitoring, the average transaction value of each order is about 5 US dollars. In other words, if we really start collecting money, our daily income alone will be 150 million US dollars. Although we have to give most of the 150 million US dollars to the car owners, with our 20% commission, our daily income will be 30 million US dollars. "
"This is just the beginning …"
"We can now book 30 million orders a day. In the future, we will break 300 million orders. In other words, our daily income alone will be 300 million US dollars in the future … "
"If we calculate on a monthly basis, then our monthly income will be 9 billion US dollars. In a year, that will be more than 100 billion US dollars. May I ask, compared to our income, does the one billion US dollars that you invested … still need to be calculative? "
At this point, Chen Yu paused for a moment, then took out a new financing plan. "So, next, Didi Taxi is going to carry out another financing plan …"
"This time, we plan to raise 10 billion US dollars."
(End of chapter)
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