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⑴ Chen Weixing announced the specific situation of the taxi chain
In the early morning of May 28, Chen Weixing, the founder of Kuaidi and the founder of Fancheng Investment, confirmed that he and the former co-founder of Meituan , Yang Jun, founder of Skyline Venture Capital, jointly launched the blockchain taxi platform-"Taxis Chain".
For the "taxi-hailing chain", Chen Weixing has great expectations. He said: "Meituan co-founder Yang Jun and I will build a platform shared by 'workers' and 'consumers'. A platform controlled by non-capitalists” and stated that “this is a great social experiment of Nobel Prize level”.
ChainDD news stated that at the “ChainDD Consensus Night” exchange meeting held on the evening of May 27, as to why we want to build a blockchain taxi application, Yang Jun said, "I have been asking myself, what is the use of the blockchain thing? I define whether this thing is valuable, that is, in what situations can ordinary people use it."
He also Said: "If we use blockchain to do taxi-hailing, we can build a very different economic system from the past. Using this to obtain 'population applications' is equivalent to obtaining traffic on the Internet. Later, we will build on this basis." Make a series of applications that meet users’ daily life needs.”
Chen Weixing’s background: Taxi-hailing + blockchain
Public information shows that Chen Weixing currently serves as the chairman of Fancheng Holdings Group Co., Ltd. , he was the founder of "Kuaidi Taxi" and won the 19th "China Youth May Fourth Medal" in 2015 and other honors. In 2015, after a fierce money-burning war, Kuaidi Dache merged with Didi Dache. The new company implemented a Co-CEO system. Didi Dache CEO Cheng Wei and Kuaidi Dache CEO Lu Chuanwei also served as co-CEOs, with Chen Weixing He also lost control of Kuaidi Taxi.
Although Chen Weixing was able to "drink to drown his sorrows" after selling out the money for a while, in the process of drinking, he also continued to learn and get to know various elites, thus entering the blockchain industry. In the world of blockchain, we have invested in multiple blockchain projects.
Previously, in an interview with Wang Feng, founder of Linekong Interactive Group and founder of Mars Finance, in the "Three O'clock Mars Finance Learning and Growth Group", Chen Weixing once said with a smile: "I think about economics and finance first. , rediscovered blockchain. At first I only understood Bitcoin. After investing in blockchain for a while, I began to understand the speed of blockchain more and more. The first blockchain projects I invested in were basically done while drinking. The decision is made, hahaha. I can’t get drunk at all. The more I drink, the less I want to go home. I rely on drinking to relieve my worries, haha. Since I found the blockchain, I have stopped drinking and I don’t want a girlfriend anymore.”
< p>Overview of some investment projects of Fancheng AssetsDidi’s new challenge?
The oligopoly in the taxi-hailing market is gradually being broken.
On March 21, Meituan’s taxi-hailing business officially launched in Shanghai, providing both express and taxi services. At the same time, Meituan Taxi also started a price war with Didi, and the competition between the two parties was extremely fierce.
Previously,Meituan has launched the "Meituan Taxi-hailing User Registration" activity in seven cities: Beijing, Shanghai, Chengdu, Hangzhou, Wenzhou, Fuzhou and Xiamen. This also means that Meituan initially plans to launch taxi-hailing business in the above-mentioned seven cities.
After Meituan challenged Didi’s monopoly in the ride-hailing market, on March 27, Amap also announced the launch of the ride-hailing business, which will be launched first in Chengdu and Wuhan, and will also open in Beijing, Shanghai, Guangzhou and Shenzhen. , Hangzhou and other cities, and will gradually expand to more cities across the country.
Amap said that its ride-hailing business has no commercial purpose, and it does not charge commissions or engage in subsidies for car owners. The service fees currently charged by third parties are also subsidized by AutoNavi.
⑵ When Kuaidi lost to Didi, what happened to its founder Chen Weixing? He evolved even more
Many people have experienced the conflict between Didi and Kuaidi many years ago. Taxi wars, during those years, people enjoyed a wonderful time when taxis cost nothing. This order was purchased with the help of Alibaba and Tencent. Each of them gave Kuaidi and Didi a subsidy of 40 million yuan a day, burning a total of more than 2 billion yuan.
The final outcome was the merger of Didi and Kuai. Didi’s founder Cheng Wei had the last laugh, while Kuai’s founder Chen Weixing left sadly. Cheng Wei is now the CEO of Didi. What did Chen Weixing do? He did not sink, but became even more awesome. He went to one of the most profitable industries at the moment and became a big boss in this industry.
Speaking of Cheng Wei and Chen Weixing, they have such a connection. Cheng Wei did not see the last few big questions of the mathematics test paper during the college entrance examination. As a result, he went to Beijing University of Chemical Technology, which is not a prestigious school, while Chen Weixing took the college entrance examination. Because I didn't get enough sleep the day before, I didn't perform well in the college entrance examination and got into Beijing University of Chemical Technology, which I didn't like.
The difference is that Cheng Wei chose to endure it. He completed four years of studying at Beijing University of Chemical Technology, while Chen Weixing found out after three months that it was not what he was interested in, so he dropped out of school and took the college entrance examination again. Attended Zhejiang University.
After graduation, Cheng Wei joined Alibaba’s Chinese supplier team as a salesman. This team was called the China Supplier Iron Army. Jack Ma said that this team was his favorite. A team with an Ali flavor, it is also this team that allows Ali to achieve profitability. The China Railway Supply Army is called Ali’s cash cow, and it has nurtured Taobao and Alipay. Interested friends can follow and check out the article "How powerful is Ma Yun's "Chinese Iron Army"? Just look at the iron army's day's work."
Cheng Wei grew rapidly in this team and became a leader. He was the youngest regional manager of Alibaba at the time.
Extraordinary people must not be willing to rely on others, and the same is true for Cheng Wei. After working for Alibaba for a period of time, he resigned to start a business. The project he later started was Didi.
Chen Weixing, a native of Shaoxing, Zhejiang Province, has had a business acumen since he was a child.When I was young, I sold river sand with my friends. He found a few collaborators to transport the sand from the river to the shore. Finally, he sold most of the truckload of sand and earned his first pot of gold.
He started entrepreneurship when he was in college. He set his sights on web games. After graduation, his company developed and launched a web game called Magic Academy, which attracted the attention of two big guys, Shi Yuzhu and Zhou Hongyi.
In the game world where fantasy and martial arts are the mainstream, Magic Academy immediately launched the concept of "Super Q", coupled with the "campus theme" packaging, the game gained a young following after its release. Loved by students and urban white-collar workers, it accumulated 20 million users in the first year of its launch.
This game also enabled Chen Weixing’s monthly income to reach several million yuan, and he completed a financing of 40 million yuan. The game Magic School eventually allowed Chen Weixing, who was in his 20s, to earn more than 100 million yuan.
Chen Weixing has an extremely keen sense of business. He also saw the huge opportunities in the application of mobile Internet in transportation, so he founded Kuaidi. At the age of 29, he persuaded Jack Ma in Silicon Valley to make Alibaba an investor in Kuaidi.
In 2014, Didi, backed by Tencent, and Kuaidi, backed by Alibaba, met on a narrow road. Didi and Kuaidi started the largest money-burning war in history. Each side burned 40 million yuan every day. In the end, A total of more than 2 billion was burned.
In fact, on the surface it was a battle between Didi and Kuaidi. In fact, it was a mobile payment entrance war between Tencent and Alibaba, and a war between WeChat Pay and Alipay. Many people have opened WeChat Pay and Alipay on their mobile phones since the war. The battle between Didi and Kuaidi actually sounded the prelude to China’s comprehensive entry into the mobile Internet.
Later, Ma Huateng reviewed the battle. He said that Tencent and Alibaba were like martial arts masters competing for strength. No one could take a step back. If they retreated, they might vomit blood and die. Ma Huateng gritted his teeth at that time. Burn money.
Finally, he took the initiative to approach Jack Ma and wanted to negotiate a peace. With the mediation of other capital parties, Alibaba agreed to make peace with Tencent, so Didi and Kuaidi merged. Cheng Wei became CEO and Chen Weixing left. In this merger, Alibaba suffered a loss. In the end, Didi fell to Tencent. This is why Alibaba would rather pay such a high price to fully acquire Ele.me.
What did Chen Weixing do after leaving Kuaidi? Chen Weixing became an investor. His investment cases include 51 Credit Card, Insurance Company, Yifangyun, Zhongma Technology, Xiaopin.com, Xunzhong Technology, Yuyue Technology.
Compared with these investment cases, what is even more impressive about Chen Weixing is this. In 2016, Chen Weixing entered the blockchain industry. Since entering the industry, Chen Weixing has invested in dozens of blockchain companies, covering The best blockchain projects, including Binance, Huobi, Babbitt, and TRONetc. He is known as the number one Internet celebrity in the currency circle. Chen Weixing entered the most profitable industry at the most appropriate time, and naturally made a lot of money in the currency circle.
Finally, I just want to say that awesome people are awesome everywhere. Why does Chen Weixing have such a keen business vision at such a young age? Why is every choice he makes so precise? Web games, then Kuaidi entering the mobile Internet, leaving Kuaidi and entering the currency circle. Every step is so precise. Taking the right step may be luck, but taking the right step step by step is ability, and it is worth learning and thinking for each of us. .
⑶ What is the industry distribution of global billionaires in 2018?
The food and beverage, metal and mining industries performed well this year, with the number of billionaires born increasing by 32% and 31% respectively compared with last year. All industries showed positive growth, and manufacturing had the lowest growth rate among the top 10 industries, at 5%. Real estate moved up from fourth to second.
The cumulative wealth of the top four industries, technology, real estate, manufacturing and investment, accounts for 44% of the total wealth, and the number of people on the list accounts for 41% of the total.
Among the technology tycoons on the list, the United States and China account for 66%.
Autonomous driving: China is leading the development of autonomous vehicle brands.
Hyperloop: Several entrepreneurs, including Elon Musk and Richard Branson, are actively investing in Hyperloop, an innovative transportation technology. Virgin has signed an agreement with the government of the Indian state of Maharashtra to begin studying the impact of building a hyperloop.
Twitter profits: Twitter's Jack Dorsey's wealth more than doubled to $23.5 billion, perhaps thanks to Donald Trump's endorsement, which made him profitable for the first time.
Blockchain/Cryptocurrency: 2017 was a breakout year for the cryptocurrency asset class, with both retail and institutional investors trying to get into the potentially transformative technology. Chris Larsen, co-founder of Ripple, became the first digital currency tycoon on the Hurun Global Rich List with a fortune of 33.5 billion yuan. His wealth suddenly soared, thanks to the increasing popularity of cryptocurrency.
⑷ How to evaluate Zhu Xiaohu
He relies on his words to gain reputation. Big mouth.
Zhu Xiaohu has made enough money and fame from young entrepreneurs in the past two years. Didi, Ele.me, and Xiaohongshu, which he invested in, are all hot projects.
Zhu Xiaohu said that the intensity of watching two thousand projects every year also made him accustomed to making a decision on a project within 2-3 minutes. The most representative thing should be that after meeting Cheng Wei for half an hour, he immediately decided to invest in Didi in 2 minutes.
In December 2012, Zhu Xiaohu made an appointment with Cheng Wei on Weibo. After meeting for half an hour, they discussed everything about cooperation, but there was no final decision. Some things just happen by chance. When Zhu Xiaohu returned to Guomao, three white-collar workers came downstairs. One of them excitedly told his colleagues that I used Didi yesterday.Got a taxi.
With this sentence, Zhu Xiaohu determined that the taxi-hailing software was a high-frequency and urgently needed application. He immediately called Cheng Wei within two minutes and agreed to invest.
Many people believe that Zhu Xiaohu’s speed is: seeing an opportunity, simply and crudely investing huge sums of money, and then through the rapid expansion of users, he will throw away his opponents; he has set his sights on a Projects, even if the project is a small business, dare to spend a lot of money to mature the small business into a big business.
Zhu Xiaohu’s investment style is indeed like this. He waves his checkbook and settles on projects that many people are still struggling with. Such a person who can tear up and fight makes opponents jealous and cooperation. The person is under a lot of pressure.
During the development process of Didi, Zhu Xiaohu emphasized that the only thing he asked Cheng Wei to do was to force him to take Tencent’s money. Cheng Wei came from Alibaba and was very hesitant to invest in Tencent. Zhu Xiaohu's resolute personality once again came into play, and he acted as a lobbyist and facilitated Tencent's Series B financing for Didi.
Zhu Xiaohu was involved in Didi’s Series B financing, and Zhu Xiaohu was still involved in the Series C financing in the United States. Didi's development to this day is inseparable from Zhu Xiaohu's step-by-step promotion. His oppressive investment does not make it easy for those invested at all.
Zhu Xiaohu, a willful man born in the 1960s who did not invest in unicorn projects, has an eye for unicorn projects. Didi and Ele.me, which have performed most eye-catchingly in recent years, are both Zhu Xiaohu’s outstanding achievements.
The fashionable Zhu Xiaohu still did not change his generous style in 2016, investing in projects such as Inke Live and ofo Bicycle. Now he has used huge funds to draw an investment map that has covered live broadcasting, e-commerce, and shared travel. , enterprise IT, games, food and many other fields.
Author: Huizi Produced by: Understanding Cai Di
Institutional introduction: Jinshajiang Venture Capital Fund focuses on investing in high-tech start-ups based in China and targeting the global market. Whether in China or Silicon Valley in the United States, GSR Venture Capital has established extensive relationships and has numerous resources to provide strong support to the companies it invests in. The company's investments cover semiconductor devices and new materials, Internet and wireless communication technologies and their applications, new media, green energy and other high-growth emerging areas. Jinshajiang Venture Capital currently manages approximately US$1 billion in capital, and has established a long-term strategic partnership with Mayfield Fund (founded in 1969), the "oldest" venture capital fund in Silicon Valley, the United States. Jinshajiang Venture Capital has offices in Beijing, China and Silicon Valley, the United States.
Organization location: Beijing
Zhu Xiaohu’s resume: Zhu Xiaohu, Managing Director of Jinshajiang Venture Capital. Before joining Jinshajiang Venture Capital Fund, Zhu Xiaohu founded the world's leading insurance industry application software provider - eBaoNet Technology Co., Ltd. He led the core product- Developed the core business system of property and life insurance, and was fully responsible for the business in mainland China, Japan, South Korea and Hong Kong, China. He has accumulated rich experience in large-scale software product development and international development. In October 2019, he was selected into the list of "China's 30 Most Influential Investors in 2019". On November 17, 2020, he was listed in the "Jianem News 2020 China's Top 50 Venture Capitalists".
Investment fields (number of investments): Enterprise services (125) | Artificial intelligence (64) | Life services (49) | Intelligent hardware (47) | E-commerce (46) | Entertainment media (44) | Big data (40) | Consumption (30) | Finance (26) | Education (24) | Transportation (23) | Advanced manufacturing (22) | Traditional industries (22) | Robots (18) | Social (16) | Things Networking (16) | Logistics and warehousing (15) | Software tools (13) | Medical care (11) | Tourism (5) | Real estate (3) | Sports (3) | VRAR (2) | Blockchain (1) | Agriculture (1)
Zhu Xiaohu’s contact number: Sunac Wings official account
WeChat: Sunac Wings official account
Email: Sunac Wings Official Account
Investment stage: Seed round | Angel round | Round A | Round B | Round C and beyond p>
Investment area: No limit
Single investment amount: 0-tens of millions of RMB
Investment style: Financial investment | Strategic investment
Representative projects: Meichang New Materials | Rongbai Technology | Tianzhun Technology | inke | Carbon Technology | Alt | Lanting Jishi | Ming Microelectronics | Qunar.com | Baixing.com | Baihe.com | Nevs | Paipai earn | Shenjian Technology | Protean Electric | FunplusGame | Ele.me | Mengbazaar | Dim Sum Mobile | Yi Media
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