Winning the new financial era

Chapter 481
It has to be said that the three major investment banks are very helpless for Rosen who does not make money.

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

But procrastinating like this is not an option, and it is easy to be underestimated by Zhang Yida, so the three major investment banks had to negotiate privately with Lawson.

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

Rosen made an offer of 2000 million US dollars, and the three major investment banks were naturally unwilling to be blackmailed.

After several rounds of bargaining, the three major investment banks finally paid $600 million.

After communicating with investors, Rosen law firm withdrew the lawsuit.

The three major investment banks approached Zhang Yida with the good news that the trouble had been resolved, saying that they used the energy of Wall Street to overwhelm Rosen Law Firm.

Zhang Yida didn't have too many doubts, and felt that the three major investment banks were indeed quite powerful, and settled a class action lawsuit with ease.

The 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, the three major investment banks will definitely be given priority.

……

"The blockchain revolution has arrived. This is a great technological revolution in which those who follow it prosper and those who go against it 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 CEO group of companies invested by Zhenke Fund.

In addition to calling on entrepreneurs to establish themselves in their own businesses, we also want everyone to understand the blockchain, understand ICO, and enter the era of blockchain.

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

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

Zhang Yida was very speechless. This teacher Xu Xiaoming followed him and was not satisfied with a dozen unicorns, so 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 more leeks that lose money.

Xu Xiaoming is so high-profile, I am afraid that in the future, he will have mixed reputation and reputation, and he will not be guaranteed at the end of the festival.

Zhang Yida wanted to pretend he didn't see this WeChat message, but Xu Xiaoming called again and asked him to say a few words in the group to warm up the scene.

Zhang Yida reluctantly typed in the group and wrote: "Blockchain technology has a relatively mature application in the financial industry...

However, Ruixiang will not conduct ICO, and only focus on the underlying technology and landing applications. "

Xu Xiaoming was not particularly satisfied with Zhang Yida's last sentence.

He mentioned to Zhang Yida very early on that there is a lot to do in the currency circle and he wants to enter the market as soon as possible.

But Zhang Yida didn't issue virtual currency even if he was killed, so he couldn't force it.

Zhang Yida seldom spoke in the group, but when he spoke now, the 500-person CEO group immediately exploded.

Many CEOs expressed that they want to embrace the era of blockchain, to transform, and to do so.

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

Ruixiang makes a virtual currency, and it is easy to cut leeks into billions, but what's the point?

There is no sense of accomplishment in cutting agency leeks and American leeks.

Although Zhang Yida made a very low-key statement and said that he would not carry out an ICO, the chat records of the Zhenke Fund CEO group were still circulated on the Internet.

"Zhang Yida Waving the Flag, Xu Xiaoming Crying, the Blockchain Era Has Arrived",

"The Richest People Invest in Blockchain", "Looking for the Next Zhang Yida in the Blockchain Field".

The media insisted on scribbling, which caused Zhang Yida a headache, so he had to clarify quickly, saying that he did not invest in any virtual currency, and only valued blockchain technology. Don’t confuse technology with ICO.

For Zhang Yida's clarification, most people were skeptical and thought it was "acceptance or refusal".

Bitcoin has dropped a bit from last year's high of $2, and many people began to recharge their beliefs with the purpose of bottom-hunting.

On the side of Ruixiang Industrial Investment Fund, the mailbox is also full of investment proposals for various virtual currency projects.

Lan Lan came to ask Zhang Yida what to do.Zhang Yida told everyone to pass, leaving no one behind.

Including Sun Yuchen made another phone call to Zhang Yida, asking if he should get in the car and give him a guaranteed profit of 10 billion.

For the crazy currency circle, Zhang Yida has no interest at all, but shifted his attention to fresh food e-commerce.

The fresh food track is a relatively long track, and no company has succeeded in making a profit yet.

The most widely circulated saying in the industry is "the one who remains is king". Whoever can make it to the end will be the biggest winner.

There is also a "retail valley of death", which means that after a chain retailer 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 show advantages to cover management costs.

On the basis of finding the commonality, 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-margin products can retail companies walk out of the valley of death.

From Shunfengyouyou and Yihaodian that appeared in 2012, to Wumart and Yonghui’s attempts at e-commerce operations, followed by Tiantian Orchard and Weiwei Qiqi, and then Hema Xiansheng and Daily Youxian.

In the past six years, there have been three waves of entrepreneurial opportunities, but none of them dared to say that they have found the right way to open up.

This year, the fourth wave of outlets began to emerge.Players from all walks of life are scrambling for small businesses in the community one after another, playing with high penetration, which is also a manifestation of the escalation of the battle in the fresh food battlefield.

After the exploration of the predecessors, the entrepreneurs all think that they have found the right way to open.

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

Liu Chuanjun was born in 82. He wears glasses and is slightly fat. At first glance, he is from a technical background, and his temperament is very similar to that of Su Hua.

In fact, it is true.He is a master of space physics from the Chinese Academy of Sciences, and has participated in the research of Shenzhou 6, 7 spacecraft, Chang'e 3 satellite and Yinghuo [-] satellite for exploring Mars.

Later, he went to sea to start a business, and the [-]tuan he founded was once the industry leader. Later, Huang Xin had the last laugh.

In the middle of 14, he founded Meicai.com and received RMB 1000 million angel investment from Zhenke Fund.

Later, Xu Xiaoping introduced the project to Zhang Yida, and Ruixiang invested US$1000 million in the A+ round of financing, acquiring 10% of the shares of Meicai.com.

Meicai’s valuation is now as high as US$28 billion. Judging from the book, Ruixiang’s investment is a big profit.

However, like most of its fresh food peers, Meicai is still unprofitable.

Liu Chuanjun smiled and said, "This is the first time Mr. Zhang has come to Meicai Internet Cafe?"

Zhang Yida nodded with a smile. He just paid more attention to the investment in TMD in the early stage and did it himself.Lan Lan has been in charge of following up the rest of the matter.

(End of this chapter)