My Life Can Hang

No VC firm in the tech world dares to compete with them.

Any field they enter will inevitably start a money-burning war.

A large number of companies died quickly, leaving only the strong ones who were ultimately supported by them to survive.

It is no exaggeration to say that the fields that the Vision Fund enters are bound to be littered with corpses.

Chen Dongcheng's smile remained unchanged, and he didn't mean to be frightened by Misra at all.

"I have negotiated a part of the equity transaction with ICBC, and the share sold to the Vision Fund will not exceed 50%."

Misra was a little surprised. He didn't expect Chen Dongcheng to have such a relationship.

Be aware that those banks are rarely interested in such equity deals.

Without him, the risk is too great.

In particular, Didi is an unlisted company, and there are few banks that dare to bet on the future of Didi.

Misra made a quick calculation in her heart, and immediately there was an assistant next to him as a peacemaker, so that the atmosphere would not become completely rigid.

"Mr. Chen, please don't mind what Mr. Misra said just now."

Chen Dongcheng shook his head and said, "I believe the Vision Fund has the strength to buy my stock, but I think you should also know that Didi's stock is not rubbish."

"There are a lot of institutions interested in Didi. I can completely sell it in batches, although it will be more troublesome."

Misra could hear the threat in Chen Dongcheng's words.

At least this year without incident, Didi's stock is still very popular, and Chen Dongcheng has plenty of time to sell Didi's stock.

The Vision Fund proposed to take a break for a while.

They will consider it carefully and give Chen Dongcheng a satisfactory reply.

chapter 397. 396, Donghua Fund

Chen Dongcheng took the people on his side and went out temporarily to breathe, and Li Changqing analyzed the acquisition possibility of the Vision Fund to Chen Dongcheng.

"Boss, the composition of the Vision Fund is very complicated. SoftBank only contributes a small part, many of which are in debt models."

"There are 423 billion US dollars of funds, all of which are in the form of debt, and the amount of real equity financing is not high."

"It's equivalent to SoftBank playing a very complicated lever and leveraging the money bags of those Middle Eastern consortia."

"Misra has played a very important role. Within the Vision Fund, Misra can be said to be unequivocal, and no one dares to question him."

"I think Misra is very likely to buy your shares. The Vision Fund needs a high-quality project like Didi to increase the confidence of those consortiums to invest."

After Li Changqing's detailed analysis, he analyzed the Vision Fund almost.

The Vision Fund looks scary, managing nearly $[-] billion in liquid assets.

In fact, the initiative of the fund is not entirely in Misra's hands.

The voices of those funding consortia were also something Misra had to consider.

Now it is Chen Dongcheng who has the initiative.

Even if the Vision Fund fails to acquire, if Chen Dongcheng chooses to sell in bulk, many institutions will still be interested.

After a short rest, Misra's assistant politely invited Chen Dongcheng and the others into the conference room.

At this time, Misra changed his face, smiling and chatting about various anecdotes in the investment circle.

It even includes the story of Masayoshi Son investing in Ali, which makes people vomit.

Misra's offer this time is more sincere, and he is willing to accept Didi's $480 billion valuation.

But they have a requirement that all shares must be sold to them.

"Are you sure you want to eat it all?"

Chen Dongcheng was really surprised by Misra's appetite, which is not a small amount.

"Of course, as the Vision Fund is the largest PE fund in the world, our investment will surely cause the world to tremble!"

Misra smiled lightly, this Indian is indeed bold.

His investment strategy is very aggressive, either don't do it or do it as much as possible.

Since Misra wanted to take over the deal, Chen Dongcheng didn't agree with it. He smiled cheerfully: "I have no problem, we can formally discuss the detailed transaction process."

This kind of large equity transaction involves reasonable tax avoidance and other aspects, which are handled by Li Changqing and others.

Chen Dongcheng only needs to know that the Vision Foundation paid him a one-time payment of $49.2 billion.

All the details are negotiated, it is already dark.

Chen Dongcheng invited Misra to dinner, and Misra happily accepted the invitation.

The two sides together can be regarded as a small-scale celebration of the transaction.

Misra believes that his judgment is correct, and the potential of the mobility market is huge.

This investment by the Vision Fund will surely reap huge returns.

Chen Dongcheng was even more happy, and liquidated stocks at one time in exchange for a large amount of disposable cash.

"Mr. Chen, let me toast you again. Your investment vision is admirable."

Misra raised his glass and said to Chen Dongcheng with a smile.

"Thank you, I believe that this transaction of your company will satisfy all the consortiums. This will be a very dazzling acquisition on your resume."

"Haha, borrow your auspicious words."

Misra inadvertently still reveals some character flaws.

Such as ambitious, too aggressive, very dictatorial.

Chen Dongcheng didn't know how Sun Zhengyi condoned the existence of Misra under him.

Maybe Lao Sun is too confident in his own wrist.

If a person like Misra really allowed him to climb to a certain position, he might kill the Lord.

……

Chen Dongcheng's meeting with Misra could not be concealed from some well-informed people.

Cheng Wei called the first time, and his voice was a little low.

"Dongcheng, what do you think? Let's develop Didi together and lead Didi's listing to ring the bell, isn't it good?"

"Sorry, I can't participate in Didi's plan to go public."

"You... Forget it. In the future, SoftBank will have more and more say in Didi."

Cheng Wei hurriedly hung up the phone with a worried tone.

What he is most worried about is the change of control, and SoftBank has been increasing its weight in the field of travel.

Now that the Vision Fund led by Softbank has acquired the equity in Chen Dongcheng’s hands, its right to speak to Didi has suddenly increased a lot.

At least on the board of directors, SoftBank has another seat.

Cheng Wei hung up the phone, and Gu Shouyi called with a very depressed tone.

"Mr. Chen, what's the situation? I just asked the boss for instructions, and he agreed to buy some of your stock."

"Lao Gu, listen to my advice, DiDi's stock will not stick if it doesn't stick."

Chen Dongcheng knows that DiDi will have a lot of accidents in the future.

If there is no taker from the Vision Fund, he will definitely sell part of it to Gu Shouyi.

Now that there is a pick-up man, there is no need to pit Gu Shouyi, who has the hope of rising.

"That's it, then I'll explain it to the above, and have the opportunity to meet with President Chen for a detailed chat."

Gu Shouyi felt a little inexplicable, but quietly fell in love.

If others told him that, Gu Shouyi would definitely not care.

But Chen Dongcheng is different, not to mention that Chen Dongcheng is a Didi shareholder, so there is no need to tell him so.

Just because Chen Dongcheng dared to bet on Didi in the battle between Didi and Kuai, is enough to convince Gu Shouyi.

……

The deal didn't take long, perhaps because Misra was eager to prove himself.

After all, within SoftBank, and even within the Vision Fund, his reputation is not very good.

Misra himself knew that this was a black history that he couldn't erase.

I can only show more results to prove it to Masayoshi Son and the consortium in the Middle East to keep his position.

"The Vision Fund plans to acquire all the shares of Didi held by Donghua Capital for US$49.2 billion.

After the acquisition, the Vision Fund will become Didi's second largest shareholder, and SoftBank's voice will be further strengthened! "

This is the latest news released by the Vision Fund, which instantly exploded in the circle of friends of all investors.

All kinds of envy, admiration, and admiration comments are about to blow up Chen Dongcheng's WeChat.

Lei Jun: "Congratulations to President Chen, a very perfect investment."

Pony Ma: "Congratulations, junior, I have the opportunity to talk about the cooperation of Douyin."

Peng Zhijian: "I envy my real name and suck the luck of President Chen."

Sun Weiran: "Mr. Chen is mighty, there is an opportunity to invest in our Bekara."

……

Now that the Vision Fund has been announced, it has already represented that the deal has indeed been reached.

Chen Dongcheng's account did indeed receive the funds remitted by the other party.

Funds of nearly 50 billion US dollars are flooded in his account, giving Chen Dongcheng an unprecedented sense of security.