After divorce, I can hear the voice of the future

Chapter 175 Car 3.0
In early May, before going to Beijing, Lu Liang attended Panda's financing meeting.

Panda, which was valued at US$2.8 million, gave up 25% of its equity and obtained 4.46 million yuan in financing from five venture capital institutions including LeTV, Jinshajiang, and Chenhai.

As soon as Lu Liang arrived, he met Jia Yueting, who was in high spirits and chatting with others. It seemed that he had obtained 1 billion financing to settle part of the loan and withdraw the court's charges, and he suddenly became strong again.

It seems that LeTV is still the lead investor this time, pouring 1.58 million RMB into Panda, as if telling outsiders that LeTV is standing firm and I, Jia, am still in high spirits.

"Mr. Lu, I heard that you want to invest in Ideal?"

Boss Jia had a slightly resentful look in his eyes. He had invested in NIO and Li Auto, but why didn't they invest in his LeSEE?

If he could get Lu Liang's investment, he could at least raise another 30 billion yuan, and perhaps he could live a second life.

LeTV's financial situation is actually far more serious than the outside world imagines. It is so serious that he books a flight to the United States every day and prepares to go to the United States to look for opportunities.

"I went to Beijing last time and had a very pleasant chat with Li Xiang. I am also optimistic about the new energy industry." Lu Liang smiled.

"So what do you think of our LeSEE?" Jia Yueting asked.

"That's great. The Internet of Vehicles ecosystem has great potential and may be the mainstream in the future." Lu Liang expressed his admiration undisguisedly.

Jia Yueting was delighted, realizing that there was still hope: "Mr. Lu, our LeSEE will conduct a B round of financing next week."

"LeSEE is a good project, but it should not be under the name of LeEco. We prefer to invest in start-ups."

Lu Liang kept smiling as he informed LeTV of his company's investment philosophy, which was also a tactful rejection of LeTV's invitation for financing.

A company can be involved in a lawsuit due to default on payment for goods or for some other reason, but it cannot be sued by a bank for defaulting on a bank loan.

There are many reasons for delaying payment, such as substandard quality or untimely delivery that fails to satisfy the accepting party.

But there is only one reason to default on a bank loan: you really have no money.

What Lu Liang said was also true. He prefers to invest in developing companies because he wants to save the precious first time for Ningde Times and help Ningde break through the trillion-yuan market value as soon as possible.

"What a coincidence, Mr. Lu. You may not know that I founded a new energy vehicle company called Faraday Future in Las Vegas two years ago."

Jia Yueting was excited and felt that he had found a confidant. He also felt that LeTV was in a dire situation and decided to start over.

Lu Liang's eyes flashed with a hint of speechlessness. Old Jia really shines with a little sunshine. He turned his head and looked at Xiao Wang: "Mr. Jia, let's find time to talk in detail next time. Mr. Wang seems to have something to ask me."

"Well, okay, okay."

Jia Yueting nodded repeatedly and watched Lu Liang go away. Suddenly, he felt that the matter was half done.

Lu Liang's fame in Europe and the United States is even greater than that in China. Wall Street has dominated the world for so many years, and there are only a handful of people who can make Wall Street lose face.

Just like when NIO released the EP9 concept car, its valuation was hyped up to US$20 billion. In Europe and the United States, this valuation is generally considered to be a bit high.

A little high?
This means that as long as the price is lowered a bit, it will be reasonable.

A high-performance assembled car can be worth 20 billion.

Jia Yueting's eyes turned red with envy.

He knew very well that this was inseparable from Lu Liang.

Li Bing is so damn good at picking locations. The new car launch was held in London, England, where Lu Liang had just shorted the pound.

The pound plummeted after the British exit from the European Union. Lu Liang may not be the one who earned the most, but he is definitely the most dazzling one.

When Li Bing was interviewed by the Times, he was also very good at picking topics to talk about. He said that their NIO car was the project in which Luliang had invested the most funds in the past year.

This is true. The single investment of tens of millions of dollars was indeed the project in which Luliang invested the most money last year.

A number of venture capitalists, because of their love for NIO, think that NIO has some good points.

A person's name, the shadow of a tree.

Hating Lu Liang doesn't mean they don't admire Lu Liang.

Lao Jia secretly decided that as long as Faraday could get Lu Liang's investment, he would run directly to America and lie dormant for a few years.

Wait until you have achieved results before making a comeback, so as to avoid being caught in serious internal friction due to LeTV's finances.

"what happened?"

Wang Xiaocong was confused. He saw Lu Liang walking towards him quickly. The person who was talking to Wang Xiaocong was also very tactful. He smiled, said hello and left first.

"I just came to take a look." Lu Liang shook his head and laughed. Old Jia was too enthusiastic and he was a little overwhelmed.

Wang Xiaocong didn't ask much and talked about the details of the financing, mainly the signing of an equity repurchase agreement.

After three years, if the listing requirements are not met, a 10% premium will be required to repurchase 25% of the equity raised in this round of financing. "Is it the panda or you?" Lu Liang asked.

"It's a panda." Wang Xiaocong said softly.

After much thought, he decided to stick to his plan. If he couldn't go public after three years, he would simply file for bankruptcy.

When the time comes to sell it, I can pay a compensation of at most a few hundred million, and then I can live a comfortable life as a rich second generation.

Lu Liang heard that they were going to go all in and sighed, "Don't be too ambitious. Try to get to the IPO stage first before trying anything else."

His equity has been diluted twice, leaving only 9.56%. Even if Panda files for bankruptcy, he will not be held accountable, and he will only lose some of his initial investment.

"When the money is gone, if there is still no result, I will go find Penguin or Ali."

Xiao Wang looked helpless and became obedient after being beaten. Internet entrepreneurship cannot avoid two horses, and Lu Liang was unwilling to support him like he supported Douyin.

Without the backing of big capital and unwilling to get close to Ali and Penguin, starting a business is damn hard.

"Penguin is reliable, and Ali is rich."

Lu Liang left a few words and left the venue.

He supports Douyin because it can bring him profits, but if he supports Xiao Wang, he will not see any profits at all.

At noon that day, Lu Liang flew to Beijing to attend Ideal's financing meeting. The financing was US$10 million, and Tianxing Asset invested million and obtained a % stake in Ideal.

This time it is called financing, but in fact it is just a follow-up investment. Some people can't afford to play and can't keep up, so they invite Lu Liang to replace him. As long as he invests 1% of the funds, he can get 10% of the equity.

But it still needs to be announced to the outside world as financing because it is a good opportunity to raise the valuation.

After the meeting, Zhu Hu found Lu Liang and told him that Zhang Yiming planned to meet with him and have a chat.

"You guys have been making quite a fuss lately."

Zhu Hu said with a smile.

Douyin has received financial support from Lu Liang, and its valuation has recently risen sharply, approaching 80 million US dollars.

If the restrictions were lifted now to allow outsiders to enter, a lot of people would line up with money in their hands to join. This is completely different from the false $20 billion valuation of Ideal and NIO.

"This is not what I meant." Lu Liang sighed.

In the mobile phone industry, he knew Lei Jun, and he met him through NIO. Now the mobile phone industry is in turmoil, and he is accused of being the instigator. Where can he seek justice?

"The greater the ability, the greater the responsibility." Zhu Hu sighed.

"That doesn't sound like something you would say." Lu Liang looked shocked.

Zhu Hu laughed: "Maybe he has been with that bastard Shen Peng for too long and has been assimilated by him."

The two chatted and laughed, preparing to leave.

Li Xiang suddenly stopped Lu Liang and said, "Mr. Lu, is Huaqing's research institute developing car computer 3.0?"

"Car computer" is an abbreviation. It can be called a driving computer, or an intelligent central control, or a car navigation, etc. However, it is not as simple, plain and catchy as the word "car computer".

In the 1.0s, the concept of car computer was first proposed. Car computer 2.0 only had the functions of cassette playback and radio. Car computer 3 is the mainstream in today's market, adding DVD, MP and navigation functions.

Coming to Car Computer 3.0, which is the third generation of products, products need to have a driving assistance system, a 360° 3D panoramic driving visual assistance system, and the new ChangUI2.0 information aggregation desktop.

Looking around the world, only Tesla's car computer has reached 3.0. This is one of the reasons why Tesla dares to sell its rough interior at a high price, just like Apple.

Lu Liang nodded and admitted: "But we have just formed a research and development team."

This time he came, he also planned to visit the institute to see how the team was built. After all, with an investment of 2000 million US dollars, it is not enough to just listen to the sound.

This money is his own.

"Mr. Lu, if the research institute has any results, please be sure to inform me in time." Li Xiang's attitude was very sincere.

He understood Lu Liang's intention. The car computer is just like the mobile phone system in the past. As long as it can be accepted by the public and become the one to set the standard, he can collect money just by lying at home.

Ideal also has the idea of ​​developing car computers, but R&D is a bottomless pit and they don’t have the energy and money to waste on it.

If there is a mature car-machine system, Li Xiang doesn't mind cooperating with Tianxing Technology, and he can also become closer to Lu Liang.

Today's new energy vehicle industry is like the mobile phone industry ten years ago. At that time, all you had to do was assemble mobile phones and no one cared about the system.

The ideal in the future will certainly be to develop car computers independently, but now the company’s main task is to survive.

　There are two more chapters tonight~
　　
　
(End of this chapter)