Reborn multinational giant

Whether or not global capital winter will come, except for Fang Zhe, but this does not prevent the world's top investment institutions and smelly investors and entrepreneurs to prepare early for this.

After all, this prophecy is not a cat or dog, but the most legendary investment god in the global venture capital circle, Fang Zhe.

Leaving aside Fang Zhe's founding conglomerate and the influence of his world's richest people, it is sufficient for him to become a god in the global venture capital circle by simply evaluating the investment performance of the people he founded over the years!

Last year, when Fang Zhe founded the Core Sheng Fund to raise huge amounts of funds to invest in China's chip industry, the world and colleagues from the global venture capital circle finally saw and felt the shocking investment results of the crowd winning the capital for the first time!

In the second half of last year alone, more than 20 unicorn enterprises exited the winning capital and transferred their shares to other venture capital funds or large enterprises. Of these, more than 90% were entered by the conglomerates in Angel Round and Round A, and the worst returns of the conglomerates were more than 100 times!

A hundred times! It's equivalent to 1 million people investing in angel rounds. In a few years, it has become 100 million, 1 billion, billions, and such projects are abundant. It seems like only people have to win capital to invest in a project. The valuation of that project in the next few years will rise like a rocket!

With these god-like achievements, the crowd won No. 1 of the world's top venture capital funds. It is also because of the brilliant performance of counting money to cramp for the crowd, the capital bubble in the global venture capital circle is more fierce than in the previous and future.

Today, the big Boss Fang Zhe behind the crowd-winning capital predicts that winter is coming, and the world's top venture capital funds and investors, whether they believe it or not, prefer to prepare for it.

This is especially true of venture capital funds like Tiger Funds, which have enjoyed drinking soup behind crowd-winning capital in recent years.

Raise the investment threshold of the project, fire a batch of saltfish investment managers. In the past, the project had more money, and they raised a lot of investment managers. Now that the money is tight, they can only do a better project and a harder investment manager.

As Fang Fu said at the Davos Forum, when the tide fades, all naked swimming projects will be unable to disembark!

Winter's approaching cold winds blow from the icy and snowy town of Switzerland to the world, from New York to the Silicon Valley, to China, the more the top venture capital funds, the more concerned and valued the other philosopher's speech.

As the top predators and breeders of global startups, they understand how many projects have entered Round B, Round C, and even Round D on the market, and the amount of money required for these rounds is not less than tens of millions of dollars in Angels or Round A, and just a tiny unicorn requires tens of millions of dollars or even hundreds of millions of dollars.

With so many start-ups needing money, the supply and demand relationship in the venture capital market has changed from how much money there is in previous years to how much money there is in good projects!

Seems to confirm Fang Zhe's prophecy, on January 31, the China Securities Times released a news story that shocked the domestic and even global Internet industry and venture capital circles.

“Send a quick taxi and a quick taxi plan to merge, and the quick side denies it."

The global internet industry, the capital industry and the venture capital circle are in shock. These two families are still dying last year, and they have only completed a new round of financing at the end of last year. Why should they suddenly merge?

“This news is not fake, is it?" Many people doubt it.

But the news was released by the Securities Times, which is one of the very authoritative, serious, and official financial media in China's capital market, and the journalist who released the news also said that his source was revealed by insiders involved in the merger negotiations between the two companies, which is absolutely reliable!

Although, at the end of the news, the reporter asked the Qian 'an official to testify, which was strongly denied by the Qian 'an official, but the news that such a normal person's first reaction was not very believable could come out, indicating that the news may not just capture the wind.

Once the news explodes, major venture speculators and financial media, while speculating, also through their own different channels, informants, to verify the truth of the news and more inside information.

Two days later, on February 2, the Economic Watch released news: "The merger negotiations between Express Taxi and Express Taxi are coming to an end, and Express Taxi holdings are predominant in the merged new company. ”

After this nosey news burst, there were more people in the market who believed that the two companies were indeed negotiating a merger.

The more interested people follow, the more insider news comes out.

On February 5, the Wall Street Journal quoted sources as saying that the two companies, Express Taxi and Express Taxi, were negotiating a merger, and the new company after the merger was valued at between $40-50 billion, of which the share of the original shareholder of the fast side was about 15%.

Sources also said that a quick, safe and fast merger would speed up the integration of Asian market operations and focus the next goal and focus on the markets dominated by Uber, another car software company outside Asia, such as Europe, North America and South America. Sources also pointed out that Uber also intends to enter the Asian market for nearly a year or two to compete with two companies (perhaps one in the future) in the main business of quick, safe and fast taxis.

On February 10, Lu Chenwei, CEO of a fast taxi company as one of the parties, finally got loose. He sent a "End for a better start!" message in his circle of friends, which sparked widespread speculation in many media.

So far, the news of the merger of Express Taxi and Express Taxi is on the rise.

On 14 February, Valentine's Day, Express Taxi and Express Taxi officially united to announce the merger, and after more than half a month of crazy news finally settled.

According to the joint statement, in order to better promote the development of the two companies and the car taxi market environment in Asia, and to reduce fearless unfavourable competition, and in line with the current global car taxi industry market competition pattern, the management and shareholders of the two companies unanimously decided to carry out a strategic merger after many exchanges.

After the merger, the new company will temporarily retain the existing two APP independent operating models, and gradually open the relevant data of both parties to integrate into one APP.

At the same time, at the management level, the new company will temporarily adopt the joint CEO management model of Co-CEO. Cheng Xiaodong and Lu Chenwei will serve as the joint CEO of the new company until the merger of the two companies is successfully completed.

After the merger, some of the original shareholders of FAST AND FAST will still succeed the shareholders of the new company. At the same time, Huizhong will still maintain the interests of the largest shareholders of the new company, and Huizhong will deepen the business relationship with FAST APP until FAST AND FAST two APPs are finally merged into a new APP.

As a result of the merger, the new company will account for more than 95 per cent of Asia's taxi software market, and the new company has filed relevant antitrust procedures with, and received support from, Asian governments.

In the next step, while consolidating and integrating business in Asian markets, the new company will explore and develop more markets in Europe, America, Africa and other regions.

Oh, by the way, the name of the new company is Quick Travel!

Who could have imagined that these days, Internet giants, are celebrating Valentine's Day!