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

By 2014, he will take back more than 20 billion U.S. dollars from the U.S. stock market. The value has increased ten thousand times.

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

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

.

The old horse carrying a company with a market value of 100 billion is so high-spirited.

The media also issued a press release at that time, saying in the tone of an old horse: Today you are ignoring me, but tomorrow I will make it impossible for you to reach high.

I have to say that Alibaba understands marketing.

This slogan of diaosi's counterattack was easily spread widely, and overnight, this sentence became famous all over the Internet.

It seems that at this moment, Lao Ma made the faces of Wall Street financial giants swell.

When he became the richest man for the first time, he was so high-spirited and arrogant that he naturally dared to say anything.

What Wall Street giants are nothing more than a group of blood-sucking rice worms.

However, it didn't take long for Lao Ma to come out and clarify. "Today you are indifferent to me, but tomorrow I will make it impossible for you to reach high." This sentence was not said by me, but a rumor on the Internet. He also emphasized that Ali respects everyone.

Partners, without the support of partners, Alibaba would not be what it is today.

A 180-degree change in attitude.

No one knows what happened in the middle, or who said what to him.

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

A group of Jews who control the economic lifeblood of Wall Street.

It is said that black lives matter in the United States, but there is a group of people who really do not allow any offense.

"I remember that 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 unhurriedly.

“At that time, we were still a very small company with no big ambitions and no lofty mission.

I remember Apple's mission to develop revolutionary products that redefined what technology could achieve and improved people's lives.

Google's mission is to organize the world's information and make it available to the public and benefit everyone.

Microsoft's mission is to help individuals and businesses around the world realize their full potential.

All these great companies have very ambitious missions, and they all want to be responsible for the world and all mankind.

We don't have such big ideals, and our wishes are always very small.

It may be ridiculous to say it, but what I said at the time was that I hope all 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, hospitals...

However, this is not enough. In the future, we will provide hundreds of thousands or hundreds of thousands of employees with a place to live, a place to take care of themselves, medical care for their illnesses, and education..."

Luo Xiu's words made the audience burst into warm applause.

But he knew that these applauses were false and that the smiling tigers in front of him would only focus on their own interests.

On the surface, everyone shouts slogans for human development, but secretly they use a calculator to calculate how much money they can get.

Is the purpose of going public to build houses for employees? Only fools would do this.

Sure enough, when it came to the question stage, someone immediately stood up: "As far as I know, Pinru Group is not short of cash flow at present, and it does not need listing financing to maintain its current business development. Mr. Luo, what are your plans after the listing? Continue

Use this money to build more employee housing?”

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

It is certainly noble to use it to build employee housing, but doing so will not increase the value of the asset.

They are not philanthropists, and they do not give you money to benefit your employees, but to help them make money.

And for stock exchanges, if you don’t have enough financing reasons, they won’t let you raise so 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 we raised through this IPO are mainly used to develop the new energy vehicle business. I believe that new energy vehicles will replace traditional vehicles in the future and become the mainstream in the new era."

"The automobile industry is a very large system and the crown jewel of modern industry. Your Pinru Group has been working in the Internet industry. Now that you have entered the automobile industry, what are the advantages?"

Every investor has this question in their mind.

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

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

Twitter and Facebook in the United States, as well as Alibaba and Penguin in China, all used the Internet to make fortunes quickly.

However, what the automotive industry needs is the accumulation of patented technologies bit by bit, the patience of countless engineers, the testing of countless drivers with their lives, and the time to build a brand...

Now you are taking money to enter this industry and using the Internet mentality to make quick success and make cars. What is the difference between taking money and wasting money?

For a moment, everyone was a little shaken.

Start rethinking product pricing.

Some people even discussed it quietly with their companions around them.

"It is really too risky for Pinru Group to enter the automobile industry now. We must reconsider this investment."

"But putting aside the car business, the growth in the number of their short video users is too tempting, and they have recently started live streaming to sell goods, which puts even Amazon under pressure."

"If Pinru were to engage in Internet business honestly, this would definitely be the most worthwhile business to invest in. It's a pity."

…

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

Someone stood up and said directly: "If Mr. Luo insists on entering the automobile industry, I am afraid it will affect the company's stock price."

Luo Xiu nodded, "I understand your concerns. If the company enters the field of new energy vehicles, 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 will focus more on short-term profits and financial statements. They will cut off businesses that cannot earn returns in the short term, such as the previous HiSilicon chips.
Chapter completed!