King of Capital

“Mr. Xie, there is a very popular article on the Internet recently titled “A Brief History of China’s Internet Burning Money in the Past Decade”. It says that you have led all the money-burning wars in the Internet industry, such as online car-hailing, food delivery, and e-commerce in sinking markets, in the past ten years since you entered the industry. What do you think of this? ”

“Thank you to the founders for your recognition. ”

“For example, Zhang Yiming? He said you are an extreme investor. ”

“He never said that to my face. ”

“Cheng Wei said that everyone is a little afraid of you. When Didi burned 50 million in cash in a single day, his hands were shaking as he signed the documents. You comforted him that history will punish those companies that dare not burn money. ”

“I didn’t say that. I just told him that he could have a drink before signing tomorrow so his hands wouldn’t shake.