My Age of Investment

  Chapter 1583 IRS visit

   "Sell Google tomorrow, clear Amazon the day after tomorrow, and sell Wisdom Fruit the day after tomorrow..."

  Shortly after Blankfein left, Liu Hai came to the door and brought the latest action plan about Vision Capital.

  Xia Jingxing sat on the chair, looked at the vast Atlantic Ocean in the distance, and said quietly: "I see, keep the original plan."

   "Pierce over there..."

   Before Liu Hai could finish speaking, Xia Jingxing interrupted with a wave of his hand, "Don't pay attention to these barking dogs, Envision Capital is doing things, and it's not the cat's or dog's turn to speak up."

   Liu Hai smiled wryly. Pierce is no small character. His family has many in-laws in the United States, and he has considerable energy in both political and business circles. From a long-term perspective, Envision Capital, which wants to make a living in the United States, should not make too many enemies, especially since the two parties have maintained good cooperation before.

  As if he had seen through Liu Hai's worries, Xia Jingxing specially explained a few more words: "Vision Capital and I have always been different in Wall Street, we are outsiders, and it is impossible not to cooperate with any locals.

  However, during the whole process of cooperation, we need to maintain a certain degree of independence and determination to safeguard our own rights and interests. There is no room for a "nice guy" without any temper to survive in this capitalist country that eats people and doesn't spit out their bones. "

   "I understand, but I'm a little worried that Pierce will incite other families to stand against us."

  Xia Jingxing chuckled, with a look of disdain on the corner of his mouth, "You're worrying too much, the blue-blooded nobles are not monolithic, and they are even in competition with each other.

  Our breakup with the Pierce family may be in the minds of some people, because it means that they can get more cakes in the future. "

Liu Hai thought about it seriously, "That's right, none of the veteran families like Forbes, Russell, Winthrop, Cabot, and Sturgis stood up to express their views, and only the Pierce family rushed to the front like a reckless wild boar. .”

  “Those who are still hiding behind are the real old foxes. I believe that as long as we show the slightest hesitation or weakness, they will pounce on us like a pack of hyenas.”

   Speaking of this, Xia Jingxing laughed at himself, "So, if you want to sing this play well, you have to have the courage to risk everything."

   "Our real purpose is to force these families to settle the lawsuit for us. What if they keep watching after the fund is liquidated?"

Xia Jingxing said calmly: "Then stop raising new funds, everyone is better than patience! There is no Vision Capital, but Daxia Capital and countless companies make money for me. They have higher returns than Vision Capital Is it an investment channel?"

  Liu Hai nodded lightly. Vision Capital's eye-watering fund return rate is indeed a relatively important negotiating weight, and it is also one of the few trump cards that Vision Capital can play.

  But it is precisely because of the astonishing investment benefits of the fund that this group of blue-blooded nobles repeatedly wanted to renegotiate and try to adjust the fund's sharing model.

  The reason why they sit and watch the "cornucopia" Vision Capital being sued by the SEC and investigated by the New York judiciary is to force Xia Jingxing to take the initiative to beg them.

  But if Xia Jingxing asks for help, then the share of the fund's income can be justified.

  The reason why the blue-blooded nobles dared to put on an appearance that they were convinced of Xia Jingxing was because they were sure that Xia Jingxing would not, and they were reluctant to give up Envision Capital and the American market.

  With the pressure of lawsuits outside and a group of LP investors pressing hard at every step, the situation facing Vision Capital is really not easy to break.

  Xia Jingxing put on a posture that he would not hesitate to smash the bottles and cans all over the room, but he also wanted to get away and leave, just to wrestle with these people.

If Xia Jingxing loses in this contest unfortunately, he will either really pack up and return to China, or lose his sovereignty, and will be completely reduced to the blue-blooded aristocrat's designated worker and cash machine, and the excess income share of the fund will drop from 40% in the future It is not impossible to reach 20% or even 10%.

And if the blue-blooded aristocrats give in and are willing to shoulder their own responsibilities, then Xia Jingxing will not punish them, and further increase the excess income share of the fund to 45% or 50%. Obligation, just take what you need.

   I agreed to help them make money, and they helped themselves in the United States. In the past few years, we have been cooperating well, but now this group of people has become more and more greedy and started to make all kinds of crooked ideas.

If it wasn't for spending a few years in the United States and waiting for some high-quality assets to increase in value, Xia Jingxing really wanted to leave. All taken for granted.

  In this case, it will be a matter of time before the two parties conflict because of the distribution of interests.

  But as long as this conflict is successfully resolved, these Yankees will be able to be honest for a few more years, and it can be regarded as a crucial few years for Xia Jingxing to develop.

When Xia Jingxing and Liu Hai were in Greenwich discussing how to deal with this group of people who are used to being uncles, Ivanka suddenly walked out of the villa in a hurry and said anxiously: "Daren, the tax The bureau brought people into 40 Wall Street!"

   This sudden news interrupted the chat between Xia Jingxing and Liu Hai. The two looked at each other, and they both understood each other's eyes—the opponent had made a move.

   "Why panic, it's not a plane crashing into 40 Wall Street."

  Xia Jingxing glanced at Ivanka, who looked a little flustered, and said calmly to Liu Hai: "You go back now, calm down the hearts of the company, and then wait for my further instructions."

   Liu Hai nodded, and quickly got up to leave.

  Ivanka looked at the extremely calm two people in front of her, and couldn't help reminding: "That's the IRS!"

   "I didn't evade taxes, what are I afraid of them?"

  Xia Jingxing waved to Liu Hai who stopped after walking a few steps, signaling him to leave quickly, then pointed to the empty seat next to him, motioning for Ivanka to sit down.

  When Ivanka sat down, she thought Xia Jingxing would tell her something, but the other party didn't say anything, she just stared at the sea alone in a daze.

  After a long while, Xia Jingxing broke the calm and asked with a smile, "How is Vision Home? How many foreclosures have you bought recently?"

  Ivanka was instantly distracted by her real estate fund business, and continued to introduce the company's recent development.

  Xia Jingxing nodded from time to time, and then offered a few constructive suggestions, which made Ivanka very happy.

   On the other side, as soon as Liu Hai got in the car, he called Zhao Peng and started asking about the IRS visit.

   "A large group of people came here, all wearing uniforms. That posture doesn't look like they are here to collect taxes. They are more majestic than American soldiers..."

   "Yes, the employees in the whole building have seen it, but the work order has not been greatly affected. I have urgently arranged for someone to appease..."

   "Yes, the people haven't left yet, and the legal counsel is negotiating with them right now."

  “The main problem lies in the declaration of overseas income. People from the IRS said that we evaded billions of dollars in taxes.”

  …

  After listening to this, Liu Hai’s eyebrows twitched unconsciously. All major companies in the United States are doing things like tax avoidance.

  Different from other companies that choke off profits overseas to achieve tax avoidance, Vision Capital wants to distribute principal and income to American LPs, which is equivalent to leaving traces and adding some exposure risks out of thin air.

  In addition to the upcoming fraud charges from the Securities Regulatory Commission, the investigation that the New York judicial system has not announced to stop, and the media groups led by the Wall Street Journal continue to pour dirty water...

   It’s true that there are too many lice and you are not afraid of biting!

   Liu Hai shook his head. Since the boss had already given clear instructions, they could only bite the bullet and fight this battle until the opponent gave up.

  However, after going through this series of unfavorable events and related public opinion turmoil, Envision Capital’s good reputation in the United States and even the world will not be preserved, and it will probably be classified as Goldman Sachs. I really don’t know whether it is a kind of belittling or a kind of praise!

  (end of this chapter)