Chapter 175 Cheji 3.0
In early May, before going to the capital, Lu Liang attended Panda's financing meeting.
Panda, which is valued at US$280 million, invested 25% of its equity and received US$446 million in financing from five venture capital institutions including LeTV, Jinshajiang, and Chenhai.
Lu Liang met Jia Yueting as soon as he arrived. He was chatting and laughing with everyone with a happy face. He seemed to have received a billion yuan in financing to settle part of the loan and withdraw the court's accusation. Suddenly he became confused again.
This time it seems that LeTV is still leading the investment, and it has invested 158 million yuan in Panda. It is like telling outsiders that LeTV will still stand and I, Mr. Jia, are still energetic.
"Mr. Lu, I heard that you want to invest in Ideal?"
Boss Jia's eyes were slightly resentful. Weilai invested, Ideal invested, why not invest in his LeSEE.
If he can get Lu Liang's investment, he can raise at least another 3 billion, and maybe he can live a second life.
LeTV’s financial situation is actually far more serious than outsiders imagined. It is so serious that he books a ticket to the United States every day and is prepared to go to the United States to look for opportunities.
“I went to Beijing last time and had a great time chatting with Li Xiang. I am also optimistic about the new energy industry.” Lu Liang smiled.
"Then what do you think of our LeSEE?" Jia Yueting asked.
“It’s very good. The Internet of Vehicles ecology has great potential and may be the mainstream in the future.” Lu Liang admired it unabashedly.
Jia Yueting was overjoyed and realized that there was still a turning point: "Mr. Lu, our LeSEE will conduct Series B financing next week."
"LeSEE is a good project, but it should not be linked to LeTV We prefer to invest in start-up companies.”
With a smile on his face, Lu Liang told the company’s investment philosophy, which was considered a polite rejection of LeTV’s financing invitation.
A company can be involved in lawsuits due to default on payment or for some reasons, but it cannot be sued by the bank because it defaults on the bank's loan.
Because there are many reasons for defaulting on payment, such as the quality is not up to standard, or the delivery is not timely, which cannot satisfy the acceptance party.
But there is only one reason for defaulting on bank loans, and that is that you really have no money.
And Lu Liang told the truth. He prefers to invest in developing companies because he wants to leave the precious first time to the Jude era and help Jude break through the trillion-dollar market value as soon as possible.
"What a coincidence, Mr. Lu, I'm afraid you don't know, but I founded a new energy vehicle company called Faraday Future in Las Vegas two years ago."
Jia Yueting was excited and felt that he had found a confidant. He also felt that LeTV was in trouble and decided to start a new business.
A hint of speechlessness flashed across Lu Liang's eyes. Old Jia really shined brightly with just a little sunshine. He turned to look at Xiao Wang: "Mr. Jia, find time to talk in detail next time. Mr. Wang seems to have something to do with me. "
"Well, okay, okay."
Jia Yueting nodded repeatedly and watched Lu Liangyuan go, suddenly feeling that the matter was half done.
Lu Liang's reputation in Europe and the United States is even greater than in China. Wall Street has dominated the world for so many years, and there are only a handful of people who can make Wall Street suffer.
Just like NIO released an ep9 concept car, it was valued at US$2 billion. In Europe and the United States, this valuation is generally considered to be a bit high.
A bit high?
This means that as long as the points are lowered, it is reasonable.
An assembled car with high performance can be worth 2 billion.
Jia Yueting's eyes turned red with envy.
He knew very well that this had something to do with Lu Liang.
Li Bingtai knows how to pick a location, and chose London for the new car launch event, which had just been shorted by Lu Liang.
The British pound plummeted after Brexit. Lu Liang may not be the one who makes the most money, but he is definitely the one who shines most.
When Li Bing was interviewed by The Times, he was also very provocative, saying that their Weilai Automobile was the project in which Lu Liang invested the most money in the past year.
This is true. A single investment of tens of millions of dollars was indeed the project Lu Liang invested the most money in last year.
A group of venture capital investors are very fond of NIO and feel that Weilai Auto has real merits.
The name of a person is the shadow of a tree.
Hating Lu Liang doesn't mean they don't admire Lu Liang.
Lao Jia secretly decided that as long as Faraday could get Lu Liang's investment, he would run away to the United States and stay dormant for a few years.
Waiting until the results are achieved and the Return of the King is staged, LeTV’s financial affairs will lead to serious internal friction all day long.
"What's wrong?"
Wang Xiaocong was confused. He saw Lu Liang walking towards him quickly. The person who was talking to Xiao Wang was also very sensible. He smiled slightly, said hello and left first.
"Just come and take a look." Lu Liang shook his head and laughed. Old Jia was so enthusiastic that he couldn't resist it.
Wang Xiaocong didn't ask much. When it came to the details of the financing, it mainly involved signing an equity repurchase agreement.
After three years, if the listing requirements are not met, 25% of the equity in this financing needs to be repurchased at a premium of 10%. "Is it the panda, or you?" Lu Liang asked.
"It's a panda." Wang Xiaocong said softly.
After much thought, he planned to go all the way to the dark side. If he could not go public in three years, he would simply file for bankruptcy.
When the time comes, it’s time to sell. At most, we will pay compensation of tens of millions, and then we can settle down and become a rich second generation.
Lu Liang heard that he was planning to make a desperate move and sighed: "Don't be too ambitious, just wait until you are listed on the market and then make a fuss."
His equity was diluted twice, leaving only 9.56%. Even if Panda files for bankruptcy, the liability will not be traced to him. It will just be a loss on the initial investment.
"When all the money is spent, if there is still no results, I will go find Penguin or Ahri."
Xiao Wang looked helpless, but became honest after being beaten, how to start an Internet business There was no way around the two horses, and Lu Liang refused to support him like he supported Douyin.
Without the backing of big capital and the unwillingness to get close to Ahri and Penguin, starting a business is really damn difficult.
"Penguin is reliable and Ahri is rich."
Lu Liang left the venue after leaving a few words.
He will support Douyin because Douyin can bring him benefits, but if he supports Xiao Wang, he will not see any benefits at all.
At noon that day, Lu Liang took a plane to Beijing to attend the Ideal financing meeting. This time, Tianxing Asset invested 20 million US dollars in financing and got 10% of the equity of Ideal.
This time it is said to be financing, but in fact it is chasing investment. Some people cannot afford to keep up and invite Lu Liang to take his place. As long as he invests 1% of the capital, he can get 10% of the equity.
But it still needs to be called financing because it is a good opportunity to raise valuations.
After the meeting, Zhu Hu found Lu Liang and told him that Zhang Yiming planned to meet him and have a chat.
“The recent commotion you have made has been really loud.”
Zhu Hu said with a smile.
Douyin is financially supported by Lu Liang, and its valuation has recently risen, approaching US$80 million.
If the restrictions are now opened to allow outsiders to enter, a large number of people will wave their money and queue up to join. This is not the same as the false $2 billion valuation of Ideal and NIO.
"This was not my intention." Lu Liang sighed.
In the mobile phone industry, he knew Lei Jun through NIO. Nowadays, the mobile phone circle is in a turmoil, and they say that he is the instigator. Where can he explain it?
“The greater the ability, the greater the responsibility.” Zhu Hu sighed.
“This is not like the words that can come out of your mouth.” Lu Liang looked shocked.
Zhu Hu laughed: "Maybe he stayed with that bastard Shen Peng for a long time and was assimilated by him."
The two talked and laughed and prepared to leave.
Li Xiang suddenly stopped Lu Liang: "Mr. Lu, is Huaqing's research institute developing car computer 3.0?"
Car computer is the abbreviation of "driving computer" or "driving computer". Intelligent central control, car navigation, etc., but they are not as simple, simple and catchy as the word "car machine".
In the 1980s, the concept of car player was first proposed. Car player 1.0 only had the functions of cassette playback and radio. Car player 2.0 is the mainstream in today's market, adding DVD, MP3 and navigation functions. .
Coming to Car Machine 3.0, which is the third generation of products, products need to have driving assistance systems, 360° 3D panoramic driving visual assistance systems, and the new ChangUI2.0 information aggregation desktop.
Looking around the world, only Tesla cars have reached 3.0. This is one of the reasons why Tesla dares to sell high prices for rough interiors, just like Apple.
Lu Liang nodded and admitted: "But the R&D team has just been formed."
When he came over this time, he also planned to visit the research institute to see how the team was established. After all, if you invest 20 million US dollars, you can't just listen to it.
This money is his own.
"Mr. Lu, if the institute has any results, please inform us in time." Li Xiang's attitude was very sincere.
He understood Lu Liang's intention. The car machine was like the original mobile phone system. As long as it could be accepted by the public and become the one who set the standards, he could collect money just by sitting at home.
Ideal also has the idea of developing cars and machines, but R&D is a bottomless pit, and they have no energy and money to waste on it.
If there is a mature car-machine system, Li Xiang would not mind cooperating with Tianxing Technology, and he could also get closer to Lu Liang.
Today’s new energy vehicle industry is just like the mobile phone industry ten years ago. At that time, all you needed to do was assemble the mobile phone, and who cared about the system?
The future ideal is definitely to independently develop cars and machines, but now the company's main task is to survive.
There are two more chapters tonight~
(End of this chapter)