After cashing out 1.5 billion yuan, Mobike's post-80s founder left behind two unspoken rules for life
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Author l Zhou Zuoluo
Source l Zhou Zuoluo (ID: fangdushe520)
On the evening of April 3, 2018, Mobike held a shareholders meeting regarding the acquisition by Meituan, and ultimately determined that Meituan would acquire Mobike for a total of US$2.7 billion, with 35% of Meituan Dianping’s equity (US$1.1 billion) and 65% in cash (US$1.6 billion).
The A and B round investors and the founding team cashed out a total of US$750 million in cash.
Even if Mobike founder Hu Weiwei did not cash out as much as 1.5 billion or 900 million as rumored in the market, she still has hundreds of millions in cash. After all, she owns more than 8% of the shares.
Regardless of whether this outcome is what Hu Weiwei wanted in her heart, she has become rich overnight and achieved financial freedom.
Well-known financial writer Wu Xiaobo also said: From the perspective of enterprises, many startups may only figure out their business model in three years, and the team has completed the first round of elimination and is just starting to run, but for Mobike, it seems like it has completed a lifetime journey in three years.
The speed at which Mobike rose with the help of capital and the speed at which Hu Weiwei achieved financial freedom led to the fact that after the news of the acquisition broke, the most popular thing was not the financial commentary, but an anxiety-making article, which basically said that the founder of Mobike cashed out XX billion and your peers are abandoning you.
I read that article and was more emotional. After calming down, I want to share with you two unspoken rules of life that I saw from Hu Weiwei.
01
Ordinary people like to work diligently at one point
Smart people know to rely on the rise of face and body
Hu Weiwei was born in Dongyang, Zhejiang in 1982.
In 2004, Hu Weiwei graduated from Zhejiang University City College, a third-level independent college. She then worked as an automotive reporter for ten years, working for "Daily Economic News", "Beijing News", "Business Value", "Geek Park" and other publications.
According to reports, Hu Weiwei's first job was as an automotive reporter, with a monthly salary of only 3,000 yuan, which was not much left after rent and daily expenses. After that, her salary did not increase much. At that time, traditional media had already begun to decline, and after 10 years of work, her monthly salary was only over 10,000 yuan.
Seeing this, you can actually find an obvious contrast:
From 2004 to 2014, his monthly salary exceeded 10,000 yuan for ten years.
From 2015 to 2018, hundreds of millions of dollars were cashed out in three years .
What has changed? Has Hu Weiwei worked harder? She can’t work harder than 24 hours a day. It’s impossible for her to have a genetic mutation in 2014 and become a genius.
In fact, it's very simple. She happened to be standing at the forefront of the times. When a platform opportunity appears, tens of thousands of capital institutions will praise you to the sky.
Behind this is actually an unspoken rule of life - a person's development depends on his judgment and choice of opportunities in the points, lines, surfaces and bodies of this era.
Liang Ning gave an example in her product class.
There was a pair of twins who graduated from college together in 2010. One joined Tencent and the other joined a newspaper.
Seven years later, the one who went to Tencent already had an annual salary of one million, and there were headhunters everywhere trying to recruit him. Investors were also trying to recruit him, offering him money as long as he started a business. The one who went to the newspaper company, because the newspaper company went bankrupt, the entire industry he had pinned his hopes on was gone, and he had to start all over again.
This is not to say that the twins have different qualities or abilities, nor that the leaders they follow have problems with their abilities or personal integrity. The core issue is that the economies to which the two units are attached are one rising rapidly and the other collapsing rapidly.
Liang Ning's explanation of points, lines, surfaces and solids is so good that I won't repeat it here. I will just quote her theory:
“ The salary you earn from working hard is far less than what you would get if you bought Tencent shares before 2013, or bought a house in Beijing, Shanghai or Guangzhou before 2010.
Why? Because no matter how hard you work, you are still a point. A month or a year's salary is just the result of a point's hard work.
However, the gains of Tencent stocks and houses in Beijing, Shanghai and Guangzhou are because this point is attached to a rapidly rising economy, which is the result of a linear cycle.
So, what is the difference between ordinary people and rich people?
Ordinary people work hard and are calculative. They care about every moment, but no single moment will generate too much profit.
If you want to become middle class, you must get at least one linear cycle of returns. For example, if you hold Tencent stock for 10 years, you don’t have to do anything, and 100,000 yuan will turn into 10 million yuan.
So how do you become rich? You have to rely on the rise of the surface and the body. When you make a choice, you have to see what kind of line your entry point is on, what kind of surface this line is on, and what kind of body this surface is on. "
So, when you envy Hu Weiwei, when you feel anxious when you hear that others have achieved financial freedom, you should first ask yourself, at your current point, regardless of your own abilities, is it possible for you to earn a million or tens of millions a year and achieve financial freedom?
For many people at their current point, this is not even a possibility. If there is no possibility at all, why are you anxious?
Just earn your 8,000 monthly salary well. Isn't the stupidest thing to do is to worry about something that is impossible to happen?
Therefore, if you really want to have a big development, don't worry about it, it's useless. You should first consider your current position and the development environment of this era, and study how to migrate to the lines, surfaces, and bodies with potential energy in a rhythmic and planned manner.
It’s not too late to worry when that possibility becomes available.
02
Life logic is greater than business logic
After the news of the Mobike acquisition broke, Wu Xiaobo released his interview with Hu Weiwei before the 2018 Spring Festival.
I looked carefully and found some details.
Wu Xiaobo asked her if she liked Beijing.
As a result, Hu Weiwei said: I like it very much!
Wu Xiaobo was a little surprised, and Hu Weiwei explained:
I think it is particularly complex and disorderly.
There are all kinds of possibilities.
And all kinds of people are interesting.
Photo by GQ
In 2004, Hu Weiwei came to Beijing alone with a suitcase and worked as a reporter for 10 years.
Wu Xiaobo asked her if she liked being a journalist.
Hu Weiwei added: I like it very much!
She thinks being a reporter is very fun and she wanted to be a reporter when she was in junior high and high school. At that time, she wanted to be a reporter who upholds justice. Later, when she grew up, she found that seeking the truth was more important than upholding justice. But no matter what, she likes being a reporter and has been a reporter.
Later, she was no longer satisfied with being a spectator. “I really wanted to try it out and see what it would be like if I did it myself.”
Hu Weiwei said: "I am not a particularly ambitious person, but I am the kind of person who, if I have an idea in my mind, it is like planting a seed, and then it will continue to sprout. If I don't do it, I may not be able to accept it. So I keep pushing myself to do this thing."
Around the beginning of 2013, she went to Las Vegas, where she saw many exhibitions by automobile companies. At that time, she had a very strong feeling that cars might change a lot in the future.
The trip to Las Vegas impressed her greatly, and it also inspired her about the interaction between people and cars, the interaction between cars, and the future of transportation. After returning, she told her boss at the time that the future of the transportation industry would definitely undergo tremendous changes, and she wanted to create a small column about cars and technology, and she would be in charge.
But in the end she failed to convince her boss, so she simply resigned and started her own company called GeekCar.
The same thing happened with Mobike in 2015.
"I saw public bicycles parked on the roadside twice, once in Hangzhou and once in Gothenburg, Sweden. Both times it was near dusk. I thought it was actually quite comfortable to ride around the city, so I tried hard to figure out how to rent a bike. I didn't know where to apply for a card or pay a deposit. I used my credit card to plug in the hardware kiosk for a long time but couldn't get it to work."
Hu Weiwei said, mobile Internet payment is so convenient, why can't I ride a bicycle? At that time, the idea of making a bicycle that can be ridden and stopped at any time had already taken root in her heart.
Until one day, when she was sitting and chatting with a group of industrial designers and some investors, her angel investor suddenly said: "Hey, have you ever thought about making shared bicycles? The kind that can be unlocked by scanning with a mobile phone?"
"I was immediately struck by it, so I said I want to do this, we can do this." Hu Weiwei was very excited.
Initially, Hu Weiwei didn’t think she would lead this project, but the industrial designers around her kept arguing how difficult this would be: it would be stolen, they didn’t know where to put it... Anyway, all kinds of problems were raised, and finally they withdrew.
In the end, only Hu Weiwei was willing to do this, and she became the founder of this project.
At no point in the above discussion did I see this post-80s girl making choices based on money.
Instead, what she said again and again was: I love it! I love it! I am blown away by this thing!
Therefore, what impressed me most was a sentence she said casually during the interview with Wu Xiaobo. She said: What I do is always what I like to do most at the moment.
This is the second unspoken rule of life that I want to talk about today - life logic is more important than business logic.
Business logic is realistic, cold, and utilitarian. If you have to calculate the opportunities of points, lines, surfaces, and solids at every step of your life, what will your life be like? Maybe you will make money, or maybe you will become a machine without emotions.
Business is centered on profit and wealth, while life is centered on meaning and value. Business is not everything in life. When you die, you probably won't take out a small notebook to calculate how much profit you have made in your life.
Liang Ning once told a story of her own. In 2016, she almost set up a venture capital fund with a big shot in the investment industry. After nearly a year of hard work and even raising the first round of money, she gave up in the end.
The two of them working on a mother fund is definitely a good choice that fits the point, line, surface and body. With the resources of the two people, there is a good chance to do well and expand. However, because the mother fund cycle is long, at least 10 years, she and the big boss are not very emotional, nor do they have a common belief, only common interests. Liang Ning believes that she cannot face the uncertainty of the next 10 years in such a relationship.
The world is multidimensional, with points, lines, surfaces and solids rising and falling everywhere. Various opportunities present various changes and uncertainties. How long will you persist in various uncertainties based on your judgment of opportunities and benefits?
Therefore, business logic is important, but it cannot replace life logic.
We still have to pursue our own hearts, do what we are sure of, and do what we like. People, in the end, have to do what they like. Once a person finds his passion and embarks on his own path, he will become a friend of time, and what he gets in the end is much better and more than forcing himself to do things he doesn't like.
Therefore, not everyone has to follow the trend, and not everyone has to become Hu Weiwei. Hu Weiwei did not start Mobike in order to achieve financial freedom.
This article is from the official account @Chou Zuo Luo, the author is Zhou Zuo Luo, former new media operations manager of Chuangyebang, vice president of Chazuo Academy, and chief new media lecturer. He shares 100 tough guys in a year, and together we draw strength to move forward and escape the gravity of mediocrity.
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