As the economy becomes more and more depressed, people's needs will change.
For example, in the past, I didn’t really care about choosing a place to eat out. Now, before going out to eat, I would open the HoSeGirl app to see which nearby restaurants are cheap and good, and have coupons to buy. How can I get a better deal?
For another example, in terms of travel, although the price of petroleum has not increased much, factors such as parking fees and road congestion will still increase the burden.
Therefore, Uber, which is cheaper and more convenient than taxis, is becoming more and more popular among people.
After occupying 20 large cities in the United States, Uber is not only moving into medium-sized cities in the United States, but also further expanding into European megacities. Its market share continues to grow and its number of employees soon exceeds 2,000.
Compared with the Uber in the previous life, Xiao Qi’s Uber places great emphasis on communication with the city where it is located.
Not only did we carefully negotiate basic insurance with insurance companies, but we also actively donated a large amount of business income to the transportation department, the orphans and widows relief fund, etc. So far, basically 40% of the business income has been spent on this.
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As a result, Uber is now losing more than 20 million US dollars every month.
But the effect of this is very good.
With the approval of the insurance company, these drivers can drive with greater peace of mind and do not have to worry about the distinction between "operations" and "private expenses" after a car accident.
We have donated hundreds of millions of dollars to the transportation departments of various cities and asked them to increase their budgets to maintain public transportation. We cannot say that they are giving a green light to Uber, but at least they will not be too specific about Uber and just say nothing.
I’ve given you money, and I give it every month. Even though the money is not as much as the taxi fare, people still want it anyway. You’re embarrassed to have to do everything right, right?
There is also a donation to the orphans and widows relief fund in the city, which to a great extent improves Uber's social image and lets the public know that Uber is a very socially responsible company. This makes them like Uber very much. In this way, if
When the government and relevant departments want to deal with Uber, many people will definitely stand up and complain about Uber.
In European and American countries, if the number of people protesting increases, the government will definitely have to think carefully about whether the gains outweigh the losses.
The last point is that in big cities, especially very large cities, traffic problems have always been a headache for managers.
Nowadays, the emergence of Uber can not only reduce the number of car trips by a large amount. It can also transport passengers to where they want to go quickly and conveniently. This is of great help in alleviating urban congestion. In a certain respect, they have helped.
The government is busy.
Due to these various factors, Uber's development will be so smooth, at least for now.
The investment community is not optimistic about Uber because of its huge monthly losses. In fact, the Royal Bank of Scotland has given Uber an excellent asset rating. Not only has it contacted Uber all the time to buy shares, but it has also actively recommended Uber to investors.
Call it a company that "can change the world."
Of course, they are not the only ones who give such high praise. Many banks and investment industries have high praise for Uber. They are paying attention to Uber all the time. Once its shareholders have the intention to sell their stocks, these people will not do anything.
Take it without hesitation!
At the end of June, Uber's average valuation reached US$35 billion, an increase of more than 40% from last year.
If calculated based on the transaction price, it would cost at least US$40 billion to buy Uber's shares.
Now there are many shareholders of Uber. First of all, eo Libot has 1% of the shares, the operation and marketing team has 2%, and the technical team has 2%. The Steinbrenner family, which sold the New York Yankees to Tang Mingxiang, has 6
%, Itochu Corporation owns 15%. The remaining 74% is held by Xiao Qi.
But in the face of many large companies purchasing shares at a valuation of US$40 billion, none of these shareholders are willing to sell.
Needless to say, Uber’s management and operations team are all bent on making the company bigger. As for making money, we’ll wait until after it goes public.
The Steinbrenner family will not sell it. They sold their New York Yankees because they wanted to find an asset that is closer to the times than the New York Yankees and own it for a long time to make money. Now it seems that although Uber
No money has been made, but the future prospects are simply bright, with a market value of at least US$80 billion, which is much more profitable than the New York Yankees.
Itochu Corporation does not mind selling Uber's shares, but this is limited to more than 100 billion US dollars, and there must be other benefits for them, otherwise Itochu Corporation will not give up this hen that lays golden eggs.
In fact, one of the more mainstream sayings in Itochu Corporation is that Uber can greatly improve Itochu Corporation's investment image, and there is no need to sell it to others. Anyway, Itochu Corporation is not short of money.
Many fund companies and angel investments have turned away from them, so everyone can only place their hope on Xiao Qi.
Because after Itochu Corporation bought 15% of the shares this year, there were rumors that Xiao Qi was interested in making Uber the first company to be listed in the United States and land in the United States.
Although I don’t know the authenticity of this news, but comparing Xiao Qi’s stinginess with other companies and his continuous selling of Uber’s shares, it is really possible for him to go public.
This year, when the New York Financial News selected the companies with the highest growth rate in the next three years, Uber ranked at the top. In addition to K being able to steadily beat it, Uber is the next company to enter the US$100 billion market capitalization club.
Think about Google back then!
If Uber's financing and listing can be successful, I wonder how many people can make huge profits from it?
Capital is all about profit.
Uber's current valuation is only US$35 billion, which is far from US$100 billion.
Besides, although 100 billion US dollars is the end of Uber?
Think about it, taxi companies are all over the world in major cities, how big of an impact does this have and how high are their profits?
I'm afraid it can be achieved with 200 billion US dollars, right?
Therefore, everyone wanted to get a piece of the pie and contacted Xiao Qi through various methods, hoping to get his Uber shares.
From time to time, if we have a good relationship, we will call and ask directly. If we have a normal relationship, we will ask in a roundabout way... Anyway, as long as Xiao Qi is willing to sell his shares, everything will be easy to discuss.
Xiao Qi is really interested in taking Uber public.
The reason is that Uber is doing business all over the world, and it is in competition with taxis. There will be great obstacles in the face of many legal issues and city rules.
Even if Xiao Qi has made a lot of preparations now, if he has been eating alone, many people may come forward to make Uber more difficult.
Therefore, it is still the same as before, attracting more wealthy people from all over the world, and then tying up the interests of tens of thousands of investors, so that the government will not be easily embarrassed.
Another advantage of being listed in the United States is that the United States is very protective of its shortcomings. If its company is bullied outside, there is no need to complain, they will come directly to you: What are you doing, what are you doing, tell me what happened, why
Are you trying to create artificial trade barriers against my American company? Are you going to have protectionism? Are you impatient?...
Anyway, after such a period of chaos, many countries really couldn't stand the rogue energy of the United States, and finally had no choice but to let go.
Taking a fancy to these benefits, it doesn't mean that Xiao Qi should rush to buy shares.
Others know that Uber's market value can reach 100 billion, how could Xiao Qi not know that?
Therefore, Xiao Qi also plans to sell shares when the valuation is 60 billion to 80 billion.
According to the current development trend of Uber, this goal can be reached in 2013 at most. If the development speed is in line with expectations, it may even reach such a high valuation by the 2012 London Olympics.
As for how much to sell, Xiao Qi thinks that before the listing, holding 40% of the shares will be enough, and then when the shares are diluted by the listing, 25%-30% of the shares will be the most suitable.
As the largest shareholder, you can have the greatest rights and interests without making other shareholders think you are too domineering.
After all, it is a listed company, and you still hold 70% or 80% of the shares, so your intention to monopolize it is too obvious.
As a result, in addition to about 30% of the shares, Xiao Qi can cash out at least about 30 billion U.S. dollars. Compared with the more than 2 billion he invested in Uber in the past few years, it is simply an incredible amount of money!
Speaking of which, today's times are different from those before.
When Google went public in the past, it only had a market capitalization of tens of billions of dollars. For example, Uber is now valued at over 35 billion U.S. dollars.
Let’s talk about the previous point: Microsoft’s market capitalization was even smaller when it went public.
Even the current market value of IBM is only over 100 billion US dollars.
A small Uber taxi-hailing software can be on an equal footing with giants like IBM. This illustrates the importance of connecting the world in the Internet age.
In the past, doing business only involved one city, one region, or at most one or two countries.
But now that Internet electronics does business, it generally covers the whole world. If this happens, its valuation level will be greatly improved. This is also an important reason why Internet companies are becoming more and more valuable after K’s popular listing! (To be continued.