Rebirth begins with e-commerce

Chapter 594: You ignore my love today

In 1999, in order to raise $2 million, Lao Ma came to the United States to find investors, but no one paid attention to him.

By 2014, he would take more than $20 billion from the US stock market. The value increased by 10,000 times.

Back then, Lao Ma stood in Luo Xiu's current position, facing the group of Wall Street tycoons below the audience, proudly said: "Customers are the first, employees are the second, and shareholders are the third."

This is almost the same as pointing at the noses of these investors in person and saying: I am going to go public. Do you want to buy our stocks and become our shareholders? But I agreed in advance that in my eyes, you can only be considered third-class people.

Lao Ma, who has a company with a market value of 100 billion yuan, is so energetic.

The media also issued a press release at that time, saying in Lao Ma's tone: You ignore me today, and I will make you unable to stand up tomorrow.

I have to say that Alibaba understands marketing.

This slogan of a counterattack of the loser can easily be widely spread, and overnight, this sentence became popular throughout the Internet.

It seemed as if at this moment, Lao Ma made the face of the Wall Street financial tycoon swollen.

He was the richest man for the first time and was arrogant and naturally dared to say anything.

What is Wall Street giant crocodile? It's just a group of blood-sucking rice insects.

However, not long after, Lao Ma came out to clarify. "You ignore me today, and I will make you unable to stand up tomorrow" is not what I said, it is a rumor online, and it emphasizes that Alibaba respects every partner. Without the support of its partners, there will be no Alibaba today.

The attitude changed 180 degrees before and after.

No one knew what happened in the middle, nor did anyone know what he said to him.

Today, Luo Xiu stood where Lao Ma once stood, facing a group of people he had faced.

A group of Jews who control the lifeline of Wall Street's economy.

It is said that the United States is a rare black life, but only if there is such a group of people, it is really not allowed to be a little offensive.

"I remember in the early days of our business, there was a company annual meeting, and we talked about the company's mission." Luo Xiu stood on the stage and said slowly.

"At that time, we were still a very small company, and we didn't have much ambitions, and we didn't have any lofty missions.

I remember Apple's mission was to develop revolutionary products, redefine what technology could achieve, and improve people's lives.

Google’s mission is to integrate global information for the public to benefit everyone.

Microsoft's mission is to help individual users and businesses around the world realize all their potential.

All these great companies have very grand missions and are all thinking about taking responsibility for the world and all mankind.

We don’t have that big ideal, and our wishes are never very small.

It might be ridiculous to say it. What I said at the time was that I hope my colleagues can buy houses in big cities.

In order to realize this vision, we bought a small island, built tens of thousands of employee residences, built schools, and hospitals...

However, this is far from enough. In the future, we will have to allow more than 100,000 employees to live in, have a place to support the elderly, have medical care, and have teaching in their studies..."

Luo Xiu's words made the audience excitedly applause.

But he knew that these applauses were all false, and the smiling tigers in front of him would only pay attention to their own interests.

The slogans that everyone shouts on the surface are for human development, and they hold a calculator behind their backs to calculate how much they can earn.

Is it to go public to build houses for employees? That's why fools do it.

Sure enough, when it was time to ask questions, someone immediately stood up: "As far as I understand, Pinru Group is not short of cash flow at present, and it does not require listing financing to maintain its current business development. Mr. Luo, what is your plan for listing? Will you continue to use this money to build more employee residences?"

For investors, what do you use this money to do is what they care about the most.

It is of course noble to use it to build a residential house for employees, but doing so will not increase the value of assets.

They are not philanthropists, and you don’t give money to help your employees to benefit, but ask you to help them make money.

And for stock exchanges, if you don’t have enough reasons to raise funds, they won’t let you raise that much money.

The stock exchange must first protect the interests of investors and prevent you from running away after cashing out.

Luo Xiu smiled and replied: "The funds raised by our IPO this time are mainly used to develop new energy vehicle business. I believe that new energy vehicles will replace traditional cars in the future and become the mainstream of the new era."

"The automobile industry is a huge system and the jewel in the crown of modern industry. And your Pinru Group has been working in the Internet industry. Now that you are in the automobile industry, what are the advantages of it?"

Every investor has this question in his mind.

They cannot deny Luo Xiu’s magic in the Internet industry, but industry, especially the automobile industry and the Internet industry are two species.

The Internet is easy to create miracles and can grow rapidly in a short period of time, just like winning the lottery jackpot and turning from a poor boy into a millionaire.

Twitter, Facebook, Alibaba, and Penguin in the United States all use the Internet to make a fortune quickly.

However, what the automotive industry needs is the accumulation of patent technology bit by bit, countless engineers need to patiently train, countless drivers need to test their lives, and time to accumulate the brand...

Now you use money to enter this industry and use the Internet's eagerness to make quick success and instant profit to build cars. What's the difference between using money to waste money?

For a moment, everyone was a little shaken.

Start rethinking Pinru's pricing.

Some people even started to discuss with their companions in a low voice.

"It's really too risky to enter the automotive industry now, and we have to rethink this investment."

"But putting aside the automotive business, the number of short video users has grown too tempting, and recently they have started live streaming and selling goods, which has made Amazon feel stressed."

"If Pinru is honest in doing Internet business, this will definitely be the most worth investing business, which is a pity."

...

On the one hand, these investors are drooling about Pinru's original Internet business and want to share a piece of cake, but on the other hand, they are not optimistic about the new automobile business.

Someone stood up directly and said, "If Mr. Luo insisted on entering the automotive industry, it might affect the company's stock price."

Luo Xiu nodded, "I understand your concerns. If the company enters the new energy vehicle field, it will inevitably not be able to see profits in the short term."

One of the reasons why Huawei does not want to go public is that after the company goes public, shareholders and investors look at short-term returns more and pay more attention to financial statements. They will cut off businesses that cannot get returns in the short term, such as the previous HiSilicon chips.

The same is true for Pinru. It’s not that you can’t make cars, but when will you have to wait until you start making money? Will someone hold your stock for five years or ten years if they buy you?

(End of this chapter)