My Dad Is The Richest Man In The City

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As the CEO of Didi, Hong Le naturally said so much to launch Didi’s listing plan!

Yes!

Less than half a year after its establishment, Didi may be the first subsidiary of the umbrella company to go public.

At the same time, this is also the only subsidiary of the umbrella company that is held by other groups, companies, and investment companies.

It is now January 2018. It is not difficult for Didi to reduce promotion expenses and achieve profitability. It is expected that the listing plan will be launched in the second quarter, or the third quarter at the latest, that is, in the second half of the year.

January 28, Sunday, Jinmen Zhongguancun Science and Technology Park.

Umbrella Technologies conference room.

Lin Yu met here with people who wanted to invest in umbrella companies and umbrella subsidiaries.

This time, more than a dozen people came, all representing their own investment companies, or spokespersons for a certain company or individual.

Among them, there were people who contacted Lin Yu on the phone, and many children from aristocratic families came in person.

But Lin Yu called them all here and discussed everything at once. He didn't want to waste time.

These people just want to invest in the umbrella company, or some of its subsidiaries with promising development prospects.

Then let’s talk about it together!

A single sheep is driven, but a flock of sheep is also herded!

It happens that Lin Yu needs to raise funds to acquire a bank. This time he can take out some shares from some subsidiaries to raise cash. Later, he will also take out part of the shares to attract international investment banks to raise funds.

As long as the subsidiary Lin Yu guarantees absolute control, it is safest to take out no more than 40% of the shares.

Umbrella Technology's conference room.

The long conference table was basically full of people.

Lin Yu stood at the top, with many people's eyes looking at him.

Everyone sitting here did not expect that Lin Yu would be so direct and gather them all together.

Many people came here, only to find that many people were there. It was obvious that everyone came here for only one purpose...to protect the shares of the umbrella company!

"Almost everyone who is supposed to come is here, let's get started"々!"

Lin Yu stood above, while the others sat and listened quietly to what he wanted to say;

"The Umbrella Company has just completed a round of financing, and the shares in my hand have been diluted again, so the Umbrella Company will no longer accept any form of investment!"

This is something that no one expected.

Umbrella Corporation actually completed another round of financing?

Who is investing?

Why is there no news at all?

But think about it, the Umbrella Company is now undertaking the construction of the headquarters building, divesting 10 billion to acquire an industrial processing center, and also the new mobile phone screens and batteries launched by Shengqi Technology

Maybe someone invests in the umbrella company in the form of capital or technology.

No matter which one it is, everyone wants it.

Originally, everyone came here to get some shares of the umbrella parent company, but now from Lin Yu's tone, his shares should have been thinned out a lot and he will no longer accept any form of investment.

Is Lin Yu really not a dictator?!

Many people are a little curious!

You must know that among Lin Yu's companies, only Didi has accepted shares from Longteng Group, TT Group, and Sequoia Capital with capital and connections, each holding 10% of the shares. The other companies are all wholly-owned subsidiaries of the umbrella.

So Lin Yu also has the identity of a dictator and doesn't like to share it with others.

Lin Yu said: "You all come here just to make money, but I've never been greedy, and it's not that I'm not open to investing, as long as you can accept it!"

"This time, the Umbrella Corporation will not accept investment, but its subsidiaries will accept investment from you!"

"First of all, let me talk about the subsidiaries of Umbrella, how many shares they will give to introduce investment this time, and the company's valuation; those that are acceptable can stay, and those that are not acceptable... then I'm sorry. !”

To say that Lin Yu is not a greedy person...he himself doesn't believe it.

The reason why he holds the company's shares is that he does not want to share it. Everyone has this idea.

I know that my own things will be very valuable in the future, why should I sell them to you cheaply now?

First, because the financing was early, the value could not be increased; second, Lin Yu did not want to sell the shares to people who would not be helpful to the company.

If it was ordinary capital, he could handle it himself, or Father Lin could choose, so why choose someone else?

"Just tell me the price!"

No one cares whether Lin Yu is a greedy person or not. Although he cannot get the shares of the umbrella company this time, the branch is still a good choice.

There are many subsidiaries under Umbrella that have good potential.

"First of all, Dolphin Live is valued at 300 million; Aiyi Video is 730 million, Umbrella Entertainment is 3 billion, Qiwen International is 5.8 billion, Umbrella Games is 12.5 billion; Didi is 40 billion, and Umbrella Technology is 300 billion!"

This is Lin Yu's quotation for the company. As for the shares: "Each branch, except Didi, which will give 5% of its shares, other companies will have 10% of its shares to introduce investment. As for how to divide it, it depends on you." Are you willing to invest and decide how many shares to subscribe for...or the one with the highest price will get it?"

"Finally, after you get the shares, there is a restriction, that is, when you sell your shares, at the same price, I have the first right to acquire them!"

Lin Yu hopes that these people will fight and continue to raise prices, but this is impossible.

"Isn't this price right?"

"Umbrella Games is not a valuation. Hasn't it been valued at more than 30 billion a long time ago? This is only more than 10 billion?"

"This valuation, wouldn't it be...beautiful?"

Gulu!

Everyone swallowed their saliva!

When they heard that Umbrella Technology was valued at 300 billion, they felt pretty good...but when they thought about it carefully, it was wrong!

I have long heard that the valuation of Umbrella Games exceeds 30 billion, why is it only 12.5 billion now?

Unless the valuation Lin Yu mentioned is in US dollars!

So if Umbrella Technology is valued at 300 billion US dollars... then it will simply explode!

Countless people said directly in their hearts: Why don’t you go and grab it!

"That's right, the valuations of all Umbrella's subsidiaries are calculated in U.S. dollars." Lin Yu's words sunk the last straw in the hearts of many people present.

There are more than a dozen people here, including venture capital companies, foundations, young men from big families, and spokespersons for top young men.

Almost everyone was silent.

They finally knew that what Lin Yu just said: The premise is whether you can accept it...it turned out to be this.

This valuation is ten times higher than the valuations of many international capital groups.

“Is this valuation too high?”

An agent from a venture capital company frowned slightly and said he could not accept this valuation.

Lin Yu said: "This valuation will not change. The lowest is this. It will only go up but not down! Maybe tomorrow, it won't be this price, and you only have this chance. If I weren't short of money now, maybe it would be better." It will take a while before you accept investment!”

"You know, if you wait one more day, the valuation of these companies may be higher, so it's not that I don't accept investment, but whether you are willing to accept it..."