Rebirth of the Financial Crisis Sweeping the World

  Chapter 462 The release of 462 Uber is popular in the United States! Horror energy!

  After a few days of rest at 52 Beverly Hills, Wang Guanxi said: "This vacation is over, I will return to Ohio tomorrow."

  Jennifer Lawrence nodded: "Well, I’ve been out to play for so long recently, and I feel a little homesick."

  Ford Ingrid also said: "Me too, we seem to have been out to play for a long time"

  After vacationing from Hawaii, then to San Francisco and then to Los Angeles.

   During this time, I visited a lot of attractions and left a lot of good memories for them.

  Luo Baowen also said: "This time is really relaxing, I have never taken a vacation like this"

  Zhang Xiaolei also echoed: "Me too, I have been out for work for so long, and I have never been so relaxed during vacation."

  Wang Guanxi smiled and said: "I have never taken a vacation like this. If you take another day off today, everyone will go back to Ohio."

  Ohio is the home of Wang Guanxi in the United States. This California is the site of the California consortium. Although he can invest in many technology companies, there are really not many employees in technology companies. The political voice is still in the California consortium.

  The following day, Los Angeles International Airport.

  Olen Perry from GBE, and Wu Jianmin, CEO of East West Bank, personally sent Wang Guanxi to the airport.

  Get off the car, Wang Guanxi said: "Olen Perry, Wu Jianmin, you just need to stick to the current operating model and go on."

   "Yes, BOSS" the two nodded.

  Then Wang Guanxi said: "Next time I come to Los Angeles, I hope that GBE and East West Bank of the United States will do something in the industry."

   Said Wang Guanxi boarded the plane.

  But the phone rang. It was from Greg Becker, CEO of Silicon Valley Bank.

  Connected, Wang Guanxi asked: "What's the matter?"

  Greg Becker said: "BOSS, the person you asked me to contact, he has returned from France, and a friend of mine founded a taxi company in Silicon Valley called UberCab."

  Uber was first established in 2009 by Travis Kalanick and Gretel Kemp, originally named "UberCab".

  Uber officially launched its service in San Francisco in June 2010. It will become a super unicorn in the future. When it goes public, it is valued at 80 billion U.S. dollars and the highest valuation is as high as 140 billion U.S. dollars.

  Wang Guanxi said: “Greg Becker immediately contacted Travis Kalanick and said that we would inject capital into their company, and cooperate with Ford Motor Company’s support to make Uber a bigger company.”

  Although Wang Guanxi can also set up a taxi company by himself and launch a taxi business, he still thinks that the founder of Uber will do it.

  Because other horses do it, it may not do well.

  Moreover, the Uber company established by Travis Kalanick will still receive other capital investment in the future. It is better to just inject capital when Wang Guanxi has just been established now, and everyone becomes a partner. Wang Guanxi directly supports Uber.

  Greg Becker said quickly: "Okay, BOSS, I will contact him immediately!"

  After the call, Wang Guanxi and others boarded the plane, and then the plane took off, not to Columbus, Ohio, but to San Francisco International Airport.

  At this moment, a newly established Uber technology company in Silicon Valley.

  Travis Kalanick and Gretel Kemp received a call from Silicon Valley Bank CEO Greg Becker and fell into contemplation.

  Grit Kemp said: "We have just established Uber and plan to try a new idea. I didn’t expect some Silicon Valley bigwigs to see our company."

  Silicon Valley Bank is still quite famous in Silicon Valley, and it has supported many technology companies.

  Unexpectedly, they actually fell in love with the Uber company they just founded.

  Travis Kalanick: "The boss behind Greg Becker is going to come to Silicon Valley in person and give us a price."

  Grit Kemp asked: "Our company has just been established, which is just a new idea. Is this big guy for real?"

  Travis Kalanick said nervously: "I don't know how much it will value us?"

  Grete Kemp: "Then can we sell it? Now the software is almost designed, and it's worth at least two million US dollars."

  Travis Kalanick: "How can it be possible for two million dollars? We might as well take the money and do it ourselves. When it develops, we can find a venture capital company to raise funds. What if it is done?"

  Grit Kemp: "What if the boss of Greg Becker wants to buy the company directly?"

  Travis Kalanick: "If we buy, we don’t sell, we will do it ourselves, and take the money out to keep the company going. There must be venture capital companies who are interested in our company. Then it’s fine to raise funds again."

  "I have started a business several times, this time I want to succeed once, and I don't want to give up my company anymore."

  He breathed quickly, recalling his past.

  Kalanick was born in San Francisco. He was fascinated by computers since he was a child and learned to program in the sixth grade.

After graduating from high school, he was admitted to the University of California, Los Angeles, and dropped out in 1998.

After dropping out of college, he founded Scour.com with 6 friends.

  At first they just wanted to be a web search engine, but they didn't expect it to become the world's first P2P file download resource search engine.

  However, in 2000, 29 Hollywood companies sued the website for copyright infringement and claimed US$250 million.

  Finally, the two parties reached an out-of-court settlement, and Scour.com declared bankruptcy after paying $1 million.

  The first time he started his own business, Kalanick was hurt very badly. He hadn't walked into the theater to watch a movie for several months. “Just seeing the names of several major production companies, the blood flowed up.”

  Second start-up. In 2001, Kalanick convened the original team of the first start-up and co-founded a technology company.

  Its main business is to provide services to enterprises, improve the way their files are spread on the Internet, increase the speed of file transfers, and help enterprises save server expenses.

In addition to making money, Kalanick wanted to "revenge": He wanted all Hollywood companies that sued Scour.com and eventually bankrupted it to buy his services, so that they could "break some small fortunes." ".

  Unexpectedly, the company ran into trouble again halfway through the drive. The partners tried to take the development team to switch to Sony. The company’s capital chain also had a problem. The largest investor, NBA Dallas Mavericks owner Mark Cuban, asked to divest.

  During those hard days, Kalanick refused to pay himself a salary, and moved back to his mother’s house to "grab the old".

   is simply embarrassing.

  Once he participated in the Consumer Electronics Show in Las Vegas, because he had no money, he could only sleep in a rented car and bathe like a tramp in the bathroom of a nearby casino.

  In 2007, the company improved. A technology company invested $19 million to buy Kalanick’s company. 23 of the 29 Hollywood companies that sued him that year have become his customers.

  Before he sold the company to AkamaiTechnologies in 2007, he had not had any income for many years.

  Being rejected hundreds of times every day for 6 consecutive years.

  In order to remind himself not to forget those hard years, Kalanick printed the words "bleed, sweat, eat instant noodles" on a pair of socks.

  This time he feels that his creativity in taxiing will definitely be able to do it again, even if it is to burn all his money, he will continue to do it!

Thinking of this, he said in a very firm tone: "I will not sell the company. If he invests, it is okay, but if it is acquired, I will not sell it, because this idea may be my best idea. I want this Realize your ideas and make your own big company!"

  Grete Kemp was also infected by Kalanick, and said: "Kalanick, I support you, this time we will do it to the end, even if it is bankrupt, we must continue the company!"

  In a flash, Silicon Valley Bank CEO Greg Becker called, saying that the boss had already boarded the plane and soon flew from Los Angeles to San Francisco.

   Let the two of them go to the Hilton Hotel near Los Angeles International Airport and have dinner together in the evening.

  And Silicon Valley Bank’s fleet has also come, all of which are extended versions of Ford cars.

  Grit Kemp and Kalanick left the company quickly, got on the Silicon Valley Bank convoy, and soon arrived at San Francisco International Airport.

  Greg Becker said enthusiastically: "Kalanick, Gretel Kemp, you actually came directly to the airport, didn't you let you wait for us at the Hilton Hotel?!"

  Kalanick said, "We also want to pick up your boss."

  Grete Camp: "There is nothing to do in the hotel, it would be better to come directly to the airport"

  At this time, a huge plane landed, this is the "Crown"

  Extremely luxurious!

  Grit Camp and Kalanick both were stunned.

  This luxurious Boeing private jet does not cost hundreds of millions of dollars.

  It's all tens of billions of dollars of wealthy people who can afford such a luxurious private jet, right?

  This Greg Becker boss is really extraordinary, and the pomp is too big.

  At this time, Wang Guanxi came.

   "BOSS!" Greg Becker was excited.

   then introduced Gretel Kemp and Kalanick.

  Kalanick and Gretel Kemp are dumbfounded, so young super rich?

   is simply incredible, subverting their three views.

  "Mr. Wang, hello, my name is Travis Kalanick"

  "Mr. Wang, his name is Gretel Camp"

  Wang Guanxi smiled and said, "Let’s talk while walking, two of us."

   "Okay!" So everyone got in the car.

  Soon came to the Hilton Hotel.

  Dinner is ready, everyone will have dinner together.

  At dinner, Wang Guanxi said: "Travis Kalanick, Gretel Kemp, how much do you think Uber is worth now?"

  Grit Kemp said nervously: "Mr. Wang, our company has just been established, and engineers are about to design taxi software, which is worth at least US$2 million."

  Kalanick said straightforwardly: "Mr. Wang, are you planning to acquire Uber? If so, at least 10 million U.S. dollars. If you want to inject capital, the valuation will need 4 million U.S. dollars."

  At present, their company has just started, and the taxi-hailing software has not yet been completed. It may take more than a year to launch the taxi-hailing app.

  It still consumes a lot of money during this period.

If there are no investors to invest, they have to pay for themselves, which is very risky. If they fail to do so by the time, they will lose money in vain, but he will not give up and call out the purchase price of 10 million US dollars, just let the crown. Hee dismissed the idea of ​​acquiring Uber, so he only needs to raise funds.

  At this time, Wang Guanxi smiled and said: "Travis Kalanick, Gretel Kemp, your company car is very creative, I am very interested"

  "However, this Uber company has just been established, and it will take a long time for it to go from offline operation to online launch of the App!"

  "I own East West Bank, Silicon Valley Bank, Macy’s, Ford Motor Company. If your Uber company cooperates with Ford Motor Company, it will take off directly."

  "I also appreciate your two creative talents. I do not plan to directly acquire Uber. I hope you two will continue to stay in Uber and make Uber bigger!"

  Kalanick and Gretel Kemp were immediately excited. Uber is the taxi-hailing business. If you directly cooperate with Ford Motor Company, it’s really exciting!

  Moreover, Macy’s, East West Bank, and Silicon Valley Bank all have a lot of employees in California, and they can directly promote it among their employees.

  Kalanick asked: "Mr. Wang, are you planning to raise money then?"

Wang Guanxi nodded: "I directly valued you 10 million US dollars and injected 90 million US dollars. You can rest assured that the company's AB equity dual design, you two can have 50% of the voting rights, and I also want 50% of the voting rights. , I will become your partner to support you in making Uber bigger. If you raise funds in the future, you can also allow other investors to come in. Everyone will win together. When you go public in the future, you will also get huge returns."

  Kalanick and Gretel Kemp were suddenly excited.

  This company has just been established, and the taxi-hailing software has not been designed. It was directly valued at 10 million U.S. dollars and raised 90 million U.S. dollars.

  And the other party invests in the form of a partner, only 50% of the voting rights are required.

  The combined voting power of the two is also as high as 50%. In the future, there is no worry that the company will be taken away directly.

  So the two immediately agreed.

  Uber’s equity was immediately changed to an AB dual-share design. Kalanick and Gretel Kemp hold a large number of Class B shares and own 50% of the voting rights.

  The two together hold 10% of Uber's shares.

  Wang Guanxi transferred US$90 million from the No. 1 Fund to the Wang Venture Capital Foundation, and then the Wang Venture Capital Foundation invested US$90 million in Uber, holding 90% of the equity and 50% of the voting rights.

   then transferred 10 million US dollars from the No. 1 Fund to the Crown Charity Foundation as operating funds.

  In this way, the cash flow of No. 1 Fund has also been spent, and it still owes Standard Chartered Bank’s $2.5 billion in debt,

  This time became a partner of Uber, Wang Guanxi arranged for Ma Tsai to enter Uber as an executive director, responsible for Uber’s finances.

  In the future, Uber will continue to raise funds. Although Wang Guanxi’s equity will gradually be diluted, Uber should still hold 40% to 50% of the equity when it goes public.

  Kalanick and Gretel Kemp are partners, but they are also Wang Guanxi’s agents.

  When Uber raises funds in the future, everyone’s equity will be diluted. If the two want to secure the position of chairman and CEO of Uber, they need the support of Wang Guanxi.

  Kalanick suddenly said: "Mr. Wang, you will be my boss from now on."

  Grit Kemp directly said: "BOSS!"

  Wang Guanxi smiled and said: "Everyone makes money together. I will let Uber develop rapidly. You guys work hard. In the future, I believe Uber will become a super unicorn in Silicon Valley!"

   "Yes, BOSS" the excitement of everyone.

  I didn’t expect to be taken by a super-rich, and it’s just a lifetime honor to become a partner with a tens of billions of dollars.

  Luo Baowen said: “Boss, I studied Uber. The idea of ​​this company is very promising, and it can be said to be a great help to Ford Motor Company!”

   "Yes!" Wang Guanxi nodded, and then said: "In fact, Uber's business model belongs to the sharing economy."

   "Huh? Sharing economy model?" Luo Baowen was curious.

  Wang Guanxi explained with a smile: "Well, this sharing economy term was first proposed by Marcos Felson, a sociology professor at Texas State University, and Joan Spence, a sociology professor at the University of Illinois."

  "You can look at the papers published by the two of them in 1978"

  "The main feature is that it includes a market platform created by a third party and based on information technology."

Everyone began to listen respectfully, and Wang Guanxi continued: "This third party can be a commercial institution, organization or government. Individuals use these platforms to exchange idle items, share their knowledge and experience, or raise funds from a company or an innovative project. ."

  "Now let’s look at Uber. The app that Uber will launch immediately is the sharing economy platform. Taxi and drivers are idle goods and idle labor, and car rental customers are the demand side."

At this time, Luo Baowen understood, and nodded thoughtfully, and said in inferences: "BOSS and Uber are just a kind of sharing economy. There are still many idle items and idle labor on the market. If they are used, it will be another. An Uber?"

Wang Guanxi smiled and said: "Secretary Luo is really smart. Yes, with the development of the times and the advancement of technology, there are actually many things that can be made into a shared economy business model. For example, shared bicycles, shared power banks, shared space, shared vacations. , Sharing food, sharing basketball, sharing umbrellas and other new forms of sharing economy."

  When everyone listened, they immediately felt full of creativity.

  In the next few days, Wang Guanxi mobilized a large number of engineers from WhatsApp and Twitter to Uber to jointly develop a taxi app.

  Under the original creative template, a taxi app was soon launched.

  Uber is officially released!

Then Ford Motor Company, Macy’s, Tesla Motors, Silicon Valley Bank, East West Bank, Fifth Third Bank, Huntington Bank, FacebooK, Bank of Hawaii, Hawaii International Hotel, GBE of the United States, and Holden Housing Corporation announced their cooperation with Uber. Cooperation to promote this taxi-hailing software.

  At the same time, many partners and suppliers also come to help promote.

  Murdoch’s news media also came to help. After all, Wang Guanxi had previously spent US$550 million to buy Lanai Island and also invested US$100 million in [Avatar].

  There are also Hollywood celebrity endorsements, and the great director Cameron personally took a taxi, demonstrating this Uber app!

  "Use Uber's cheap and convenient taxi-hailing software when you go out to take a taxi!!!"

  "Uber is on call, a must-have artifact for going out!!!"

  "Download the Uber mobile app for the first time and get a $2 coupon. In addition, among the top 10 million registered users worldwide, there will be a chance to draw a $1 million super prize!!!"

  Uber ride-hailing software, you deserve it! "

  "……"

  Uber’s ads are simply overwhelming.

  For a time, the number of Uber downloads "cengcengceng" soared.

  Uber’s taxi fare surprised many people. Not to mention the $2 coupon, the taxi price alone is nearly half cheaper than ordinary taxis!

"Let me go, isn't Uber afraid of losing money? I just calculate it. If you use Uber to take a taxi, it will only cost about $4.55 for 20 kilometers. If you take a taxi, I am afraid that it will cost $8!" It's cheaper!

  "Uber is really cheap to take a taxi, and you can also call a taxi in advance. I think everyone has experienced that when the traffic is heavy, it is really difficult to call a taxi!"

   "Yes, I often wait for a long time on the side of the road and can't get a taxi!"

"Uber cars usually arrive at the car-hailing location within three minutes. At this point, I think it's quite fast and I can afford to wait. If you are lucky, the Uber car is nearby, you may not need it for a minute! !!!"

   "In fact, we can use Uber to call a car before we go out, and when we go out, the car will almost arrive!"

  In addition to the value of taxis to attract people, the one-million-dollar lottery is also particularly attractive.

  Although so many people have to draw a lottery, what if you are lucky and win the draw? Then don't you become a millionaire?

  The number of downloads of Uber is increasing.

  Countless investment companies and Internet companies were shocked. Unexpectedly, a taxi-hailing software turned out to be so awesome!

   "Too creative, Uber is called the most creative Internet design in 2009!!!" commented a senior Internet expert in the United States.

An American Wall Street investment banker shouted in shock: "Oh, God, in just one day, Uber has created a legend. It is incredible! There is no doubt that it is the next unicorn!!! Oh! , No, it is not a unicorn, but a super unicorn!!!"

  The president of an Internet company in the United States couldn't help but sigh with emotion: "Oh, I never thought that there would be a taxi-hailing software like Uber. It's so creative!"

  "President, Uber is so popular, our company also makes taxi-hailing software, right?"

  ····

  In just one month, Wang Guanxi used the huge resources to quickly expand Uber to 30 states in the United States!

  UberAPP taxi-hailing software gives the public the feeling like a spring breeze hits all night, and thousands of trees and pear blossoms are in full bloom.

  It seems that overnight, the entire United States has learned of this branded software.

  Especially this Uber is very popular among young people. Using the APP to take a taxi immediately became a fashion and a trend.

  With the popularity of Uber, tens of thousands of taxi drivers and private car drivers are preparing to join Uber and earn some extra money.

  Uber has also established an effective trust mechanism.

  The Associated Press stated: “Since the emergence of Uber, the “sharing economy” has truly appeared in people’s lives, and the sharing economy has become the goal of people’s research.”

The Wall Street Journal stated: “According to Wall Street authoritative institutions and investors’ assessments, Uber’s valuation exceeds US$500 million and will soon exceed US$1 billion. Financing, but this company is not short of money at the moment!"

Fox News: "Murdoch, Cameron, and many celebrities have used this taxi-hailing software and their Facebook is also introducing the benefits of this taxi-hailing software to fans! Fans are also discussing, many I tried it and found it very useful!"

  San Francisco Times: “There is a new investment institution intending to invest in Uber. Its latest valuation has reached 800 million US dollars.”

  The popularity of Uber immediately ignited the market of mobile Internet ride-hailing software, and countless companies are preparing to enter this industry!

  But Uber has already seized the opportunity!

  Goldman Sachs, MenloVentures, Jeff Bezos directly called to raise funds, because Wang Guanxi is a major shareholder of Amazon, and Amazon also promotes taxi-hailing software.

  Followed by Fidelity Investments, WellingtonManagement, KleinerPerkinsCaufield&Byers, SummitPartners, GoogleVentures, MenloVentures, and other companies have called to raise funds for Uber!

   Soon, an investment institution directly valued Uber at $1 billion!

  Kalanick and Gretel Kemp did not expect Uber to develop so rapidly in just over a month, thanks to the huge energy of BOSS.

  So many big companies, so many celebrities, Hollywood superstars are all endorsing, in this more than a month, Uber has directly swept half of the United States!

  "BOSS, do you want to accept financing?"

  Wang Guanxi asked: "Are you short of money now?"

  Kalanick said: "A lot of money has been burned, and a lot of bank loans have been spent. Although there is no shortage of money now, if it continues, there will be a shortage of money."

  Wang Guanxi said: "Then let them raise money!"

  This Uber company is the owner of money burning, and it has been losing money, but it is all to seize the market!

  It is enough to burn the money of other people’s financial institutions. If there is a cake, everyone will share it together, so that the market will be bigger.

  Uber is aimed at the global market!

  Under the power of capital, it has grown rapidly. Uber has occupied most of the market share before other companies have been established. Then how can other ride-hailing companies play?

  But now it’s time to burn money, burn money.

  Wang Guanxi will not continue to provide funds. Let other investors use the money to burn it. In the future, it will be good to promote Uber to go public.

  (End of this chapter)