The richest man

Chapter 273 Sky-high Financing

Chapter 273 Sky-high Financing
"Everyone, when you take a taxi, is it possible that you can't get a taxi for half a day, or the price of a taxi is too expensive?"

Zhang Jun asked.

Everyone was stunned when they heard the words, and the audience became noisy, and everyone opened their mouths to answer.

"That's right, I often encounter situations where I can't get a taxi when I go out, and once I missed my flight because of it!"

"Taxis are too expensive in our area. It costs a few yuan to start, and more than ten yuan to go a little farther."

"..."

Zhang Jun smiled slightly and said: "Look, many people have encountered these similar situations, and this is the pain point of users. But don't worry everyone, Legend Technology has figured out a solution! Now, I will solemnly tell you Introduce the latest software developed by our company, the Uber travel app."

Uber?

Isn't it just shared motorcycles?
Everyone was slightly taken aback, puzzled in their hearts.

Zhang Jun introduced: "Everyone knows about Uber motorcycles, but Uber motorcycles are just one of Uber's travel businesses."

When everyone heard this, they immediately understood, and they couldn't help discussing in low voices curiously.

"What business do you think Uber travel plans to launch? Will it be Uber bike sharing?"

"It should be. After all, shared bicycles are also very popular recently. The market competition is fierce. It is impossible for Legendary Technology Company not to see it."

In front of the TV, all the senior management of Mobike were flustered and felt a strong sense of crisis, as if a black cloud was overwhelming the city.

"What should we do? Legend Technology is definitely going to enter the field of shared bicycles. With their strength, I am afraid that they will soon become the number one in the market. Mobike is worrying!"

"If you want to compete with Legendary Technology, you can only find more investment companies to raise funds. Only by burning money and subsidies can you defeat your competitors, even if this competitor is Legendary Technology!"

"Yes, it must be so. It seems that the third round of financing is imminent!"

The legendary technology company has not announced that it will enter the shared bicycle market, which makes the current shared bicycle giant Mobike panic.

The reputation of the legendary technology company is really terrifying!
Zhang Jun smiled slightly and said: "As everyone thinks, Uber has also launched Uber bicycles to realize the 'last mile' green travel. Everyone will wait and see. Actually, Uber bicycles are not the focus of my talk. I just mentioned Take a taxi. Uber travel is mainly to solve the pain point that taxis are difficult and expensive!"

"We know that more and more families have bought cars, but they only drive them when they are needed. That is to say, these cars will be idle most of the time. Just imagine, if you can put these Idle private cars can be used and shared to increase the utilization rate of private cars. Owners of private cars can receive some taxi orders through Uber travel software and take the opportunity to earn some extra money. Isn’t it the best of both worlds?”

After Zhang Jun finished speaking, he deliberately paused for everyone to react.

At this time, the audience was in an uproar.

"Damn, this is the real sharing. Private cars have been idle for a long time, and they are used to pick up taxi orders. This is sharing! Previously, whether it was Uber motorcycles or Mobikes, they were actually taken by themselves. Buying a car and putting it in a designated parking spot, and then renting it out is purely a rental business, and it feels a bit out of touch with the so-called sharing economy.”

"Hey, how did Legend Technology come up with the idea of ​​taking taxi orders with private cars? This brain is too smart, I really have to admire it. It is obvious that the number of private cars is increasing, and the taxi-hailing market has huge potential. !"

"Taxi-hailing revenue is obviously higher than shared motorcycles and shared bicycles. The market prospect is broad. Uber travel also includes the latter two. In the future, people only need to open the Uber travel app to travel."

Uber's car-hailing business model is even more amazing and more in line with the "sharing economy".

As soon as it was proposed, it immediately aroused heated discussions around the world. The Internet technology circles and the capital circles couldn't help being shocked by this idea, and many companies are eager to enter this industry and get a share of the pie.

However, Legend Technology has done a good job of preparation. The Uber travel APP software has been developed, and the optimization algorithm has already been completed. As long as the promotion is successful, it will recruit a group of professional online car-hailing drivers.

Uber travel seems to use the idle resource of private cars, but in fact, at the beginning, the essence is that the legendary technology company established its own online car-hailing fleet and provided taxi-hailing services to the outside world.

The number of online car-hailing drivers alone has exceeded 40, and the layout of major first-tier cities around the world has basically been successful.

Of course, such a small number of drivers is far from enough, but the legendary technology company only plays a guiding role, and will mainly rely on private cars in the future.

In the previous life, there were 3000 million online car-hailing drivers in China. No matter how powerful the legendary technology company is, it is impossible to recruit so many professional drivers.

At the press conference, Zhang Jun also introduced many functions of Uber, such as ride-hailing, carpooling, private cars, trucks and other services...

Uber has all the functions you can think of or can't think of.

Before Zhang Jun finished introducing Uber, the guests and the audience watching the live broadcast all involuntarily took out their mobile phones and searched for the "Uber Travel" APP in the "APP Store".

In just a few minutes, "Uber Travel" has 80 million downloads.

Many experts and professors are also the first to express their views on Weibo or Twitter in order to attract more fans.

However, these people’s views are basically the same. They all believe that “Uber solves the pain points of people’s travel and will definitely be popular.”

On the Weibo hot search, Uber quickly became popular and spread wildly on the Internet.

Zhang Jun talked about Uber for a long time, especially emphasizing the relationship between Uber, online car-hailing vehicles, and online car-hailing drivers. Give drivers the freedom to organize their own time.

In addition, Zhang Jun also mentioned the issue of passenger safety. Uber has developed a one-click alarm "emergency" button function, which can directly call the police in the app, automatically send the location and license plate information to the police, and do not need to speak during the whole process, and will not attract the attention of criminal drivers. .

Of course, the driver also has the same alarm function, in case the passengers have malicious intentions~
The majority of netizens can't help but praise this very user-friendly design.

Originally, many people were worried that online car-hailing drivers were mixed with good and bad people, and some of them had bad conduct. When they saw a young and beautiful female passenger, they immediately became daring and wanted to moles her.

Now that there is an "emergency" alarm function, I feel relieved, and I am willing to try Uber's travel service.

The press conference is still going on, and more and more users have downloaded the Uber travel app, many of whom are private car drivers. As long as they can sign up to become an online car-hailing driver for Uber travel, they can usually earn some food delivery by the way, why not for?Even, you can make a living from this.

An expert professor wrote on Weibo: "With more and more Uber users, users will gradually get used to using Uber when taking a taxi instead of standing on the side of the road and waiting for a taxi. At that time, the taxi The industry will be greatly impacted, and the online car-hailing market will become the mainstream of the market! In order to make money, taxi drivers have to sign up to become Uber's online car-hailing drivers!"

This Weibo was reposted frantically. After seeing this, many private car drivers chose to download Uber to travel.

"Uber travel is basically like this. In the future, we will continue to update the software to provide you with better services!" After Zhang Jun finished speaking, he took a bottle of Nongfu Spring and drank it.

After talking for a long time, my saliva is almost dry.

Seeing that Zhang Jun didn't mean to step down or announce the end of the press conference, everyone couldn't help being secretly surprised. Today's press conference is really long, but Legendary Technology is really awesome, constantly launching a variety of new products that amaze the world.

After Zhang Jun drank the water, he introduced the last product non-stop, and said: "The product I'm going to introduce next is related to the countryside. I believe that many guests present should know something about the Chinese countryside. China is a big agricultural country. The rural population is not less than the urban population. For a long time, the development speed of the rural areas is slower than that of the cities, and many rural areas are still in poverty. As a responsible company, Legend Technology has decided to lead the rural areas to become rich! "

"So, we plan to launch rural e-commerce, graft various resources serving the countryside through the network platform, expand the rural information service business and service areas, and make it a Sannong information service station all over counties, towns, and villages!" Zhang Jun paused slightly, and said loudly, "Legendary Technology will build 10 rural e-commerce service stations across the country. As the physical terminal of the rural e-commerce platform, the service stations will directly take root in the countryside and serve agriculture, rural areas and farmers. Make the Sannong service land, and make farmers the biggest beneficiaries of the platform!!!”

As soon as the words fell, the audience burst into thunderous applause.

Regardless of whether rural e-commerce can develop or not, the move of Legendary Technology deserves applause from everyone, and they all praised Legendary Technology as a responsible company!

A guest in the audience couldn't help but loudly said: "I think rural e-commerce is good. Now the country is vigorously supporting rural development, revising and paving the way, and introducing technology. The quality of agricultural products has gradually improved and upgraded, so that they are more competitive. The development of rural e-commerce , can definitely revitalize agricultural product resources, so that farmers can quickly get rid of poverty!"

"It makes sense. It seems that rural e-commerce is indeed gaining momentum! Will rural e-commerce become the next trend?!"

"It must be. Legendary Technology is planning to build 10 rural e-commerce service stations. You will know if it is the trend? Who doesn't know that Legendary Technology is the vane of the industry. You just need to see what it does and follow the trend! "

"Damn, what you said makes sense, but I'm speechless~"

Zhang Jun did not introduce too much about rural e-commerce. If rural e-commerce wants to develop, it must rely on offline promotion.When other people see the legendary technology company making a lot of money, it is natural to follow suit.

At this point, Zhang Jun announced the end of the press conference.

Countless people came out one after another, but there was a feeling of unsatisfactory expression on their faces.

This press conference was very shocking. Many products were released, and people couldn't help but exclaim every time. The surprises were repeated one after another.

……

……

Under the deliberate promotion of Zhang Jun, the Double Eleven Global Shopping Carnival has gradually taken shape.

Starting at 11 noon on November 11th, BJ time, the carnival begins.

All the products that appeared on the press conference of the legendary technology company are on the shelves, including iPhone 3, iPad, iMac, MacBook, iVR and other products.

In front of the counter of the physical store, consumers shouted frantically.

"Waiter, I want an iPhone3, an iPad and an iVR."

"I want to buy an iPhone 3!"

"I buy an iPhone 3 and a MacBook!"

"..."

When the reporters saw this, they couldn't help being stunned. I'm afraid robbing banks is not as profitable as Legendary Technology!

After all, you need to queue up offline, so most people are still reluctant to go.

To say it's crazy, it has to be online.

Countless consumers began to rush to buy, and within 10 minutes, the entire network sales platform.

Nearly 3 million iPhone 389 smartphones were sold.

212 million iPad tablet computers were sold.

136 million iVR glasses were sold.

……

On this day, behind the carnival of countless people, the deposits in the bank cards disappeared, and the credit cards were overdrawn crazily.

4G network base station equipment and 4G communication modules are also selling wildly.

Major communication companies are actively deploying 4G networks, and they don't want to see Legendary Communications exclusively eating meat.

Every day, Legendary Technology signs agreements worth hundreds of millions of dollars, or even more, with many communication companies.

The employees of Legend Communication Company are all over the district, installing 4G network equipment for those communication companies.

In the field of 4G, Legend Communication Company has basically been in a monopoly position, and the later pursuers have no chance at all.Only in the 5G era may it be possible for them to achieve corner overtaking, but the legendary technology company will not make this a reality...

……

……

"My God!!! Uber bikes are actually available in our small third-tier city. I thought Uber bikes would be available in BJ, Shanghai, Guangzhou and other places first!" He took out his mobile phone from the bag, scanned the QR code on the car, and then rode a bicycle to shuttle around the school in style.

Mobike is ready to launch a large number of very strong subsidies and benefits to users, free rides within a week, but unexpectedly, Uber bicycles did not enter the first- and second-tier cities, but entered the third- and fourth-tier cities. Mobike punched It was very uncomfortable when it hit the cotton, and it felt like the money was wasted.

Residents in third- and fourth-tier cities actually yearn for Uber motorcycles and Uber bicycles. When Uber bicycles appear in the city, they become popular immediately. The whole city is talking about Uber bicycles. a unique landscape.

Zhang Jun did not expect that Uber would be so popular in third- and fourth-tier cities, perhaps because of legendary technology and Uber's reputation.

Unlike Uber bicycles, which started in third- and fourth-tier cities, Uber's travel and taxi service started in first- and second-tier cities.

The larger the population and the larger the city, the greater the demand for taxis.

As soon as Uber travels online, many people try to use the taxi service.

Xi Yuhan is one of the tens of thousands of college graduates who come to work in the big city of BJ. Since the place where she works is far away from her home, and because she gets off work very late at night, she needs to take a taxi back home every day. Family.

Since Uber launched the taxi service, Xi Yuhan has paid special attention to this software.

Newly registered users can get a 20 yuan taxi subsidy.

Xi Yuhan was very pleasantly surprised. She only needed 15 yuan to take a taxi home. She secretly thought that not only could she take a taxi home for free, but she also had 5 yuan left.

That night, she tried to use the Uber travel app to call a car.

After waiting for four or five minutes, the online car-hailing service she ordered arrived.

The car was a private car, a black Volkswagen.

The driver is an uncle in his 40s who looks kind and friendly.

Xi Yuhan was a little nervous, and the driver asked if it was an online car-hailing car she called.

Xi Yuhan responded.

The driver told her to get in the car.

Xi Yuhan thought that Uber has a function of calling the police with one button, so she let go of her worries and got into the car.

The driver asked the number of the mobile phone, and after confirming that the passengers had passed, he started the car and drove to the destination.

During the process, Xi Yuhan kept a high level of vigilance and didn't dare to say much. However, the journey was uneventful. When she arrived at the destination, the fare was only 12 yuan, which was 3 yuan cheaper than her usual taxi ride.

Xi Yuhan was overjoyed. Using Uber to hail a taxi would not only provide a subsidy, but also lower the fare. It was a great deal. At this moment, she couldn't help thinking that she would always take an online car-hailing home from now on.

The uncle driver was also very happy. He happened to be going home. When he saw the order, he happened to be on the way, so he took Xi Yuhan for a ride and made a small profit. He secretly thought that the Uber travel app is really good, and he can pick up some orders when he is free or on the way. , earn some extra money, earn seven or eight yuan a trip, and take dozens of orders, which is no lower than my own salary...

Both passengers and online car-hailing drivers are happy, but behind this is that Legendary Technology is burning money crazily.

In the previous life, Uber has basically been in a state of loss for a long time since its establishment.

If Uber wants to make money in travel, it must squeeze the online car-hailing drivers, but Zhang Jun doesn't want to do this. In fact, he can't make much money by relying on this, and it will easily lead to infamy.Zhang Jun just wants to use it as a basic service, an ecology in Facebook, so as to increase users' stickiness to Facebook.

If you don't want to be strong, if you don't want to make money, who can compete with you?
Of course, since Uber does not make money, Zhang Jun intends to let Uber go public, as long as he can control Uber.

At this moment, the news of Uber's financing has not been released, otherwise it will definitely cause a global sensation, attracting major investment companies to flock to it.

Zhang Jun intends to let Uber develop rapidly for a period of time without competitors, and then go to financing, and only then can it raise more funds.

In the blink of an eye, more than a month has passed.

By the end of 2007, the global downloads of the Uber travel app reached 1.25 million.

It was at this time that Zhang Jun sent out the news that Uber was about to raise funds.

Uber burns money too fast, and Zhang Jun feels that he no longer needs to spend his own money to maintain Uber's development.

Moreover, Zhang Jun estimated that after a while, there should be a lot of taxi-hailing software on the market.

At that time, taxi-hailing software will be crazily involved, which is far more terrifying than shared bicycles.

In the previous life, Didi competed with Uber and burned 6 billion yuan in 390 years since its establishment. Later, due to various problems in Didi Taxi, the market value plummeted, leaving only 89 billion US dollars. It is said that Softbank invested a total of 120 billion US dollars in Didi, which can be described as a loss. heavy.

……

……

Japan, SoftBank.

"What?! Is this news true or false? Uber travel really needs financing? This is the industry of a legendary technology company. It should be impossible. Could it be fake news?" Sun Zhengyi was surprised and couldn't believe it.

"Boss, this news is true. The official website of Legend Technology has announced that it will conduct the first round of financing for 'Uber travel'. In addition, Zhang Jun also released relevant information on Facebook, Weibo and Twitter, and Also @传奇科技." The secretary said with a very firm tone.

Sun Zhengyi was very pleasantly surprised when he heard the words, and immediately said to the secretary: "Arrange the flight immediately, I want to fly to BJ as soon as possible, and meet Zhang Jun!"

"Okay, boss, I'll arrange it right away!" The secretary also nodded excitedly, and hurried to arrange the plane.

Sun Zhengyi walked back and forth in the office, unable to calm down at all, his mind was full of thoughts on how to get more shares in Uber.

"Uber has 1.25 million users, currently has no competitors, and has obvious monopoly advantages. Coupled with the fact that its parent company is Legend Technology, Uber will definitely become the biggest winner in the travel market! The question now is, what is Uber's valuation? Legend Technology How many shares can the company sell?" Sun Zhengyi frowned.

As far as Uber is concerned, the valuation is at least 400 billion U.S. dollars.

Sun Zhengyi thought for a moment, gritted his teeth, and said, "I'll invest 100 billion US dollars, and I only need 20% of the shares!!!"

Sun Zhengyi didn't believe that other investment companies could be more generous than him.

That night, Sun Zhengyi landed at BJ Airport.

After a night's rest, he arrived at the headquarters of Legend Technology Company early the next morning.

Zhang Jun had already known about Sun Zhengyi's arrival, and he rushed to the company early today.

Sun Zhengyi came here in a hurry this time, only bringing his secretary and bodyguards.

In fact, there is no need to bring other people.

In Softbank, Sun Zhengyi kept his promises, and no one could object to his final decision.

"Mr. Sun, hello!" Zhang Jun greeted him, shook hands and smiled.

While shaking hands, Sun Zhengyi said in a tone of admiration: "Mr. Zhang, hello, I have admired you for a long time. You have always been my idol. Your achievements in business have surprised me!"

"Where, you are too much. Please, let's sit and talk in the office."

"Ok."

When they came to Zhang Jun's office, the two chatted after they sat down, and the topic soon turned to Uber's travel financing...

"Mr. Zhang, after I heard about Uber's financing, I immediately asked people to book air tickets to China. I would like to ask, what is the valuation of Uber's travel by Legendary Technology?" Sun Zhengyi asked.

Zhang Jun did not answer immediately, but instead asked: "Mr. Sun, what do you think the valuation of Uber travel should be?"

Sun Zhengyi had already thought about the valuation of Uber. At this moment, he pretended to think, and answered after a while: "300 billion US dollars!!!"

After speaking, Sun Zhengyi secretly observed Zhang Jun's expression.

Zhang Jun's expression didn't change at all, and there was no wave in the ancient well, which made Sun Zhengyi unable to guess Zhang Jun's bottom line.

"The valuation is only 300 billion U.S. dollars, which I think is low." Zhang Jun shook his head with a smile, paused, and said, "Uber's travel users are all over the world, and the growth rate of new users is extremely fast. The business is involved in many aspects of the travel field. Including shared motorcycles, shared bicycles, car rentals, free rides, private cars, trucks, etc., the development potential is huge! In the future, Uber will also get involved in aircraft, boats, and steamship transportation... As long as it is related to travel, Uber is likely to kill went in."

Sun Zhengyi said: "Uber has great prospects, but Uber will also have competitors. If Uber can monopolize the market, let alone 300 billion US dollars, it will be 400 billion US dollars. Mr. Zhang, you can guarantee that Uber can Do you monopolize the market?"

Zhang Jun said lightly: "If Uber can monopolize the market, then it will not only be at this price, but I can guarantee that Uber will occupy at least 50% of the market share! Uber's official financing time is scheduled to be seven days later. There is a lot of time for exchanges and discussions. Sequoia Capital, Goldman Sachs, Morgan Stanley, KPCB, DFJ, Carlyle and other international investment companies will also come one after another, and many Chinese companies are also very interested in Uber..."

Zhang Jun is not in a hurry now anyway, Uber is up for grabs, and major investment companies will definitely snatch it up.

Sun Zhengyi frowned. He couldn't wait for other investment companies to come, otherwise, how could Softbank get the biggest piece of meat.

"Mr. Zhang, Softbank is willing to lead the investment in Uber and invest US$100 billion, and you only need to sell 20% of the shares!" Sun Zhengyi quoted his reserve price neatly.

Zhang Jun couldn't help being taken aback when he heard this.

According to the valuation given by Sun Zhengyi, Uber’s post-money valuation is 500 billion U.S. dollars.

Zhang Jun actually didn’t think Uber could be worth $500 billion.

Zhang Jun just wants Uber to do a good job in travel services and become a member of the Facebook ecosystem.

As for Uber making money, I am afraid it will not be considered until a long time later.

I wonder if other investment companies can give Uber such a high valuation?
Zhang Jun hesitated.

Seeing this, Sun Zhengyi was a little anxious, he must win the other party at this moment. After thinking about it, Sun Zhengyi gritted his teeth and said: "Softbank invested 120 billion US dollars, Uber still only needs to sell 20% of the shares!"

Zhang Jun was stunned. Sun Zhengyi had spent a lot of money. Based on his knowledge of other investment companies, it was absolutely impossible for other investment companies to bid such a high price.

"Mr. Sun, your courage is really amazing. I can accept Softbank's investment, but Softbank can only get half of the voting rights of the shares. I want to maintain control of Uber, otherwise, I will not choose financing. "

"Of course, it is because you are the boss of this company that I have full confidence in Uber!" Sun Zhengyi laughed heartily when he heard that Zhang Jun agreed to invest, and was very excited.

SoftBank’s investment in Uber is only for profit, and it does not intend to participate in Uber’s management.

Zhang Jun smiled. Sun Zhengyi probably didn't know that he planned to let Uber only be a travel platform. No matter how many users there were, he wouldn't be involved in food delivery like Uber in his previous life.Moreover, Uber will not invest strategically in autonomous driving. This technology will only be developed by Legendary Technology, and after the product is released, it will be used by Uber.

Uber is purely a mobility platform.

Core technologies will only be placed on legendary technology companies.

It is impossible for legendary technology companies to go public for financing.

This ensures that Zhang Jun can always master the most advanced and core technology.

cheating?nonexistent.

As the saying goes, "Zhou Yu is willing to fight Huang Gai if he beats Huang Gai, and he is willing to suffer".

It's not Zhang Jun begging Softbank to invest in Uber.

Furthermore, Uber is only a travel platform. As long as it is professional enough, who says it will not be profitable in the future?

Sun Zhengyi couldn't wait to sign the contract, Zhang Jun of course satisfied him.

Other investment companies are on their way, Zhang Jun can't favor one another and let others come for nothing, so he decided to sell 10% of Uber shares to them.Sun Zhengyi’s Softbank took out 120 billion U.S. dollars in exchange for 20% of Uber’s shares.

Then, other investment companies should spend $60 billion to acquire this 10% stake.

……

After Zhang Jun signed the investment contract with Sun Zhengyi, he held a press conference that evening, announcing that Uber had raised US$120 billion and sold 20% of its shares to SoftBank.

At this moment, the major investment companies who received the news were all dumbfounded. Is Softbank crazy, investing so much money in Uber travel?What makes them most difficult to understand is that Softbank only needs 20% of the shares.

This makes other investment companies very embarrassed.

Softbank gave Uber such a high valuation, and other investment companies gave Uber a lower valuation than this, at most equal.

For a while, many investment companies were weak and retreated.

But there are still some powerful investment companies who choose to continue to go to Legendary Technology to compete for 10% of Uber shares.

The next day, international giants such as Sequoia Capital, Goldman Sachs, Morgan Stanley, KPCB, DFJ, Carlyle, etc. all rushed to Legend Technology Company, fearing that they would not be able to get anything if they took a step too late.

Looking at the depressed and heartbroken expressions on the faces of the major international investment giants, Zhang Jun felt amused, hehe, shouldn’t he thank Sun Zhengyi and Softbank? If they hadn’t raised Uber’s market value so high, I can't see such a wonderful scene at this moment.

"Ahem, you all know that Softbank just invested 120 billion US dollars in Uber travel, so Uber has no shortage of funds. However, since you are here, I will not refuse. The more investors Uber has, the more investors there will be in the future." It is beneficial for Uber to go public in the United States..."

When it comes to going public in the United States, everyone's face is full of joy.

As long as the bubble blows big, Uber's market value can exceed $[-] billion.

Whether it is their identities or Zhang Jun's identity, they have played a great role in increasing Uber's market value.

"Mr. Zhang, how do you plan to trade the remaining 10% of Uber's shares?" Sequoia Capital's representative asked.

Zhang Jundao: "Uber already has a lot of funds, and there is no need to refinance. Legend Technology cashed out 10% of Uber's shares and sold them directly to you. Your investment companies will share a share."

Everyone looked at each other.

Damn, for the first financing, Legendary Technology Co., Ltd. cashed out 60 billion US dollars, okay?You won't cheat us, will you?
However, Uber's development potential is still huge, and they are all optimistic about the future travel market.

"Mr. Zhang, isn't 10% of the shares too small? Our investment companies don't get much. Do you want to take some more shares?" Goldman Sachs representative asked tentatively.

Hearing this, Zhang Jun frowned, and after a while, he said with a look of embarrassment: "Selling too many shares will cause Legendary Technology to lose control of Uber..."

"Mr. Zhang, even if you take out another 29% of the shares, Legend Technology still holds 51% of the shares."

"However, if Uber goes public, the Uber shares held by Legend Technology will definitely be diluted."

"Mr. Zhang, I heard that Softbank invested in Uber and obtained 20% of the shares, but the voting rights are only 10%. Cash out more funds. After we become shareholders of Uber, we will definitely help Uber develop the market and solve many political difficulties..." KPCB representative proposed.

Zhang Jun secretly laughed in his heart, you are going to get into the trap yourself, don't blame me for cheating you.On the surface, Zhang Jun pretended to ponder, hesitated for a long time, and finally nodded and said: "All right, but I can only take out 15% of the shares at most."

"Mr. Zhang, 15% of the shares is not enough, just a little more."

Zhang Jun only said 15% on purpose, and if he said too much, he would be more straightforward, and the other party would be suspicious instead.

"That's 20%, there's no way it can be more!!!" Zhang Jun pretended to be impatient at the moment, and his tone was firm.

Seeing this, everyone secretly thought, this may already be Zhang Jun's bottom line.

(End of this chapter)

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