bookmarkrole Chapter 212 Not Negotiating
Chapter 212 Not Negotiating
Chapter 212 Not Negotiating
Is LeTV short of money?Definitely!According to public information, LeEco spent US$2015 million in October 10 to control 7% of the shares in the online car-hailing company "Yidao".In the first half of this year, Yidao began to subsidize users crazily and seize the market.
Preferential policies include: recharge as much as you want, get as much as you want, recharge to get LeTV mobile phone, recharge to get LeTV TV, etc.
This "style of play" is very optimistic.It belongs to the common business method of LeTV: hold high and fight high.Simple, brutal and direct.
Half of the $7 million was burned in half a year.Easy to 2.7% of the market share soared.Zhou Hang, the CEO of Yidao, announced that Yidao has completed the three goals of "one million daily orders, one million new drivers, and one million new vehicles".
When the fierce battle between Didi and Uber is in full swing, Yidao is jumping like this. How long can this money-burning mode last?If LeTV wants to continue to be a player in the field of "shared travel", it has to invest money.
Secondly, LeEco's "hardware" is all sold at a loss.Selling mobile phones is losing money, and selling TVs is losing money.LeEco hopes that its members can make money, and is now competing with video sites.
Finally, the big money eater, LeTV Automobile. On January 2016, 1, LeTV released FF (Faraday Future)'s first concept car FF zero5.
All of the above are foreseeable losses, but will LeEco be short of investment?No shortage!
This sentence may be a bit of a mouthful, but think about how many years it took Amazon to make a profit?Has Tesla ever made a profit?They always get money.Moreover, Amazon is even more awesome, he does not pay dividends.Now LeTV is going this way.
In other words, LeTV's business model is here.You believe that he will succeed in the future (there is a template in front), and if you are willing to take a gamble, you will invest.If you feel unsteady, you will not vote.
And Mr. Jia's ppt and speeches are said to be unique in the world.
According to the logic that there is no shortage of investment in high-quality targets, LeTV should have no shortage of investment.
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...
Jing Gao wanted to talk directly with Mr. Jia, and the rest of the people, such as Zeng Qiang and others, withdrew. The rest of the discussion was about commercial secrets.
Jing Gao looked at Mr. Jia who was flipping through the materials in the folder at hand and brewing his speech, and he was not in a hurry, drinking tea slowly.Guan Yujia sat beside him, dressed in business attire, and wafted a faint fragrance. The appearance of 96 points is pleasing to the eye.
Jing Gao's overall attitude towards the strong man in the business world, Mr. Jia, is relatively calm, with the idea of discussing business
First, Mr. Jia's entrepreneurial experience is not enough to become an entrepreneurial idol for young people.Back then, Shi Yuzhu was the one.
He is not a fan of Mr. Jia.Of course, you have to admit that Mr. Jia is really awesome.
Second, as a god with unlimited cards, in terms of simply competing for funds, it is also worthwhile to sit in front of Ma Ali.
He is not as good as these business tycoons because of his deep political and business connections and social influence.
Mr. Jia closed the folders, sat on the other side of the conference table with a glass table top, and said sincerely: "Mr. Jing, LeTV's ecological transformation is different from any current domestic business model. We are brand new and are a new species.
LeEco is indeed short of money at present, but it does not lack investors, and many people want to come in.But for me, I hope to choose like-minded friends to fight for the dream and suffocate for the dream! "
I go.
Mr. Jia spoke, his language style is self-contained!
Jing Gao said bluntly: "Mr. Jia, stop for a while, please allow me to digest." He managed to figure out something from these words.First, LeEco has capital needs, and is particularly eager for capital to come in.
When capitalists talk about feelings, the problem becomes big.
First of all, it was LeTV who took the initiative to contact him. It doesn't matter how nice Mr. Jia's words are.Lack of money is lack of money.
Secondly, Mr. Jia told him face to face that he was short of money, which must be so short that he could hardly cover it up.Otherwise, who would deliberately reveal it.This is not the logic that business negotiations should have.
Second, Mr. Jia's essential purpose today is to fool him into investing money.without thinking of selling assets.
Let's fight for our dreams together!Of course, the helmsman has to be Jobs, can it be him, a 27-year-old youth?
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Jing Gao always felt that his stomach was empty and there was no goods.But it turns out that he still has something.At least, the improvement of EQ allows him to speculate on people's psychology.
Thinking about it, Jing Gao said: "Mr. Jia, I have read LeTV's public information. I admire your ideals. But I like to grasp the overall situation when doing things. I wonder if Mr. Jia is interested in selling a certain ecology? "
Jing Gao doesn't know what will happen to LeTV in the future.His idea is very simple. The purpose of making business decisions is to expand his influence. His investment in Mr. Jia has no effect at all.It is possible to buy a piece of property.
Jobs refused straight away, "Boss Jing, LeEco's seven ecologies are a closed ecological loop, and none of them can be separated. Only when they are combined together can the maximum chemical reaction be produced." Zai said earnestly: "
Mr. Jing, since you want to acquire LeTV's sub-ecology, you must have known about it.These sub-ecologies are very high-quality assets.Platform + content + terminal + application, the energy generated by this far exceeds a single model.
So, why not get involved together?I can open any ecology under LeTV to you for financing. "
Jing Gao thought in his heart: That's not necessarily the case.Your LeTV is not irreplaceable in terms of video.He hasn't watched movies and TV series on LeTV in these years.Of course, this may have something to do with his lack of a girlfriend.
Because, LeTV's popular dramas are all "big heroines"!Zhen Huan and Mi Yue are both dramas from a female perspective.
Jing Gao did not "detour" with Mr. Jia. He is still a young man in this industry. Compared with the old foxes, he is asking for trouble. He asked himself: "Mr. Jia, can you sell Yidao's equity? I hope you can eat them all."
Mr. Jia turned his head and asked the secretary beside him.He is currently in charge of LeTV Automobile, and he is in charge of relatively few other directions.
“LeEco owns 70% of Yidao. I can’t sell it all to you. I want to keep the controlling position. The current valuation of Yidao is about 16 billion US dollars. I can sell 19% of the shares to you.”
Jing Gao smiled, stood up, and said, "Mr. Jia, why don't we talk later? Come here first."
Mr. Jia treats him like a child!
Yidao is a high-quality asset, there is no doubt about it.He also does have the idea of entering.Think about it, if Yidao monopolizes the car travel market in his hands, how much hidden "public power" will he have?
(This can be seen from the current status of Didi. Although Didi has been scolded very badly in various accidents.)
But how could Yi be worth 16 billion US dollars in a state where Yi has only continued his life after "beating chicken blood"?If it doesn't work, he can get in touch with Uber and China Travel.
"Okay." Jia is always old in the world, and there is no righteousness in business.At noon, Jing Gao was still invited to have a meal, and he talked about it.
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According to the original trajectory, LeEco will be exposed in September this year to be in arrears with suppliers, and then LeEco's crisis will be revealed.
Under such circumstances, Jobs still found the "White Knight" at the beginning of 17. Sun Hongbin, his fellow villager and CEO of Sunac, invested 150.41 billion to take over the deal.
Under the current circumstances, LeTV really hasn't had the idea of "selling" its assets and ecology yet.
On Saturday morning, Jing Gao started his vacation trip to Huangshan with Li Mengwei.
(End of this chapter)