Chapter 695

No one knows whether the global capital winter will come or not except Fang Zhe, but this does not prevent the world's top investment institutions and investors and entrepreneurs with a keen sense of smell from preparing early for this.

After all, the one who made this prediction was not a cat and dog, but Fang Zhe, the most legendary investment God in the global venture capital circle.

Leaving aside the influence of Huizhong founded by Fang Zhe and his world's richest man, simply evaluating the investment achievements of Zhongying capital he founded in recent years is enough to make him God in the global venture capital circle!

Last year, when Fang zhe founded Xinsheng fund to raise huge funds to invest in China's chip industry, the world and peers in the global venture capital circle finally saw and felt the shocking investment achievements of zhongwin capital for the first time!

In the second half of last year alone, more than 20 Unicorn enterprises withdrew from Zhongying capital and transferred shares to other venture capital funds or large enterprises. More than 90% of them entered Huizhong in the angel round and a round. The worst rate of return of Huizhong is more than 100 times!

100 times! It means that the 1 million invested by Huizhong in the angel round has become 100 million, 1 billion and billions in a few years, and such projects are everywhere. It seems that as long as Zhongying capital invests in a project, the valuation of the project in the next few years will jump up like a rocket!

Win win capital, by virtue of these divine achievements, has won the world's top venture capital fund, NO.1, and also because of the dazzling achievement of the number of money to win cramps, the capital bubble in the global venture capital circle is much more violent than before.

Now, Fang Zhe, the big boss behind zhongwin capital, predicts that winter is coming. The world's top venture capital funds and investors, believe it or not, would rather be prepared for it.

This is especially true for venture capital funds like Tiger Fund, which like to drink soup behind zhongwin capital in recent years.

Raise the threshold of project investment and fire a group of salted fish investment managers. In the past, they raised a lot of investment managers because of more projects and more money. Now, with tight money, they can only do their best to support better projects and harder investment managers.

As Fang Shoufu said at the Davos forum, when the tide fades, all naked swimming events will not be able to go ashore!

The cold wind of the approaching winter is blowing all over the world from the icy and snowy town of Davos, Switzerland, from New York to Silicon Valley, and then to China. The more top venture capital funds are, the more they pay attention to Fang Zhe's speech.

As the top predators and breeders of global start-up companies, they understand how many projects have entered round B, round C and even round D in the market. The amount of funds required for these rounds is no more than millions or tens of millions of angel rounds or round a. a little Unicorn needs tens of millions or even hundreds of millions of dollars.

When so many start-ups need money, the supply-demand relationship in the venture capital market has changed from more money and less good projects in the past few years to more good projects and less money now!

It seems to confirm Fang Zhe's prediction. On January 31, China Securities Times released a news that shocked the domestic and even global Internet industry and venture capital circle.

"It is said that Kuai'an taxi and Kuai taxi plan to merge, and Kuai'an denies it"

There was an uproar in the global Internet industry, capital industry and venture capital circle. The two companies were still fighting to the death last year, and both completed a new round of financing at the end of last year. Why is it that they are suddenly going to merge?

"This news can't be false!" many people doubt it.

However, the securities times released this news, which is one of the most authoritative, serious and official financial media in China's capital market. Moreover, the reporter who released this news also said that his source was disclosed by insiders involved in the merger negotiations of the two companies, which is absolutely reliable!

Although, at the end of the news, the reporter asked for confirmation from the fast security official, which was strongly denied by the fast security official, such a news that normal people do not believe in in the first reaction can be spread, which shows that this news may not be just a rumor.

Once the news broke, all gale investment institutions and financial media not only speculated one after another, but also sought to verify the authenticity of the news and more inside information through their own different channels and informants.

Two days later, on February 2, the Economic Observer network released a news: "it is said that the merger negotiation between Kuai'an taxi and Kuai'an taxi is coming to an end, and Kuai'an taxi holds an absolute advantage in the merged new company."

After the news broke, more people believed that the two companies were indeed negotiating a merger.

With more and more interested people paying attention, more inside information has been revealed one by one.

On February 5, the Wall Street Journal quoted people familiar with the matter as saying that kuaan taxi and kuaidi taxi are discussing the merger. The valuation of the new company after the merger is between us $40-50 billion, of which the total share held by the original shareholders of kuaidi is about 15%.

The source also said that after the merger of kuaan and Kuai, it will accelerate the integration of Asian market business, and focus its next goal and focus on the market dominated by Uber, another taxi software company outside Asia, such as Europe, North America and South America. The source also pointed out that Uber also intends to enter the Asian market in the past two years and carry out business and cooperation with the two companies in kuaan and Kuai's taxi base (maybe a future) company to compete.

On February 10, LV Chuanwei, CEO of kuaidi taxi company, as one of the parties, finally relaxed his tone. He sent a message "the end is for a better start!" in his circle of friends, which aroused widespread speculation in many media.

So far, the news of the merger of kuaan taxi and Kuai taxi has become rampant.

On February 14, Valentine's day, kuaan taxi and kuaidi taxi officially announced the merger. So far, the news that has been crazy for more than half a month has finally settled.

The joint statement pointed out that in order to better promote the development of the two companies and the Asian taxi market environment and reduce fearless adverse competition, combined with the current market competition pattern of the global taxi industry, the management and shareholders of the two companies unanimously decided to carry out strategic merger after many exchanges.

After the merger, the new company will temporarily retain the existing independent operation mode of two apps, gradually get through the relevant data of both parties and integrate them into one app.

At the same time, at the management level, the new company will temporarily adopt the co CEO management mode. Cheng Xiaodong and LV Chuanwei will serve as the co CEOs of the new company until the merger of the two companies is successfully completed.

After the merger, some of the original shareholders of Kuai'an and Kuai will continue to succeed the shareholders of the new company. Meanwhile, Huizhong will still maintain the rights and interests of the largest shareholder of the new company, and Huizhong will deepen its business relationship with Kuai app until Kuai'an and Kuai app are finally merged into a new app.

After the merger, the new company will occupy more than 95% of the Asian taxi software market. The new company has also reported relevant antitrust procedures to the governments of Asian countries and regions, and has been supported by the governments of various countries and regions.

In the next step, while consolidating and integrating the business in the Asian market, the new company will do more exploration and development to the markets in Europe, America, Africa and other regions.

Oh, by the way, the name of the new company is Kuai'an travel!

Who would have thought that in this era, even Internet giants have celebrated Valentine's Day!