My Age of Investment

  Chapter 484 Integration of Fund Resources (seeking monthly ticket)

  Xia Jingxing made a gesture and gestured to Abel to sit down, then glanced at the fund manager sitting beside him.

  "Next, I will emphasize the investment fields and strategies of each fund."

  Hearing this, everyone in attendance was unconsciously energized.

  When the boss recruited them, he once said that there is no restriction on the investment field and no restriction on the exit time...

   But if you take it all seriously, you really don’t have any social experience. After all, there is a good saying, "The boss’s mouth is a deceitful ghost."

  Looking at the fund managers and partners sitting in jeopardy, Xia Jingxing smiled, "Everyone relax, I said that I will give everyone the greatest decision-making autonomy, and I will never break my promise."

After a pause, Xia Jingxing said: "However, Envision Capital has now begun to take shape. There are offices and teams in both China and the United States. The investment chain covers a company from birth, to development, to listing and beyond. Full life cycle.

  If the various funds under its control continue to fight on their own, it will be difficult for us to exert all our strengths, and it will also be difficult for Vision Capital to be brought to a more brilliant stage. "

  Everyone looked at Xia Jingxing, waiting for his next sentence.

   In response to everyone’s gaze, Xia Jingxing said lightly, “So, we must pay attention to strategy, cooperation, and strategic coordination. For example, Ricky..."

  Hearing the boss suddenly clicked his name, Ricky hurriedly looked at Xia Jingxing without squinting, his upper body hitting straight.

  Xia Jingxing smiled and looked at Ricky, and said, "Ricky, you are in charge of three VC funds in the United States. If you find a good company, Yelp, they have a good idea to move the restaurant to the Internet.

  Then, you invested in any of the three funds of Lichun, Rain, and Equinox, and included the profile and business model of Yelp in your recent work report.

  This work report was posted to our intranet, Fu Jixun..."

Xia Jingxing looked at Fu Jixun and continued: "You who are in China, seeing this report, have a lot of feelings, and started looking for similar companies in China, and finally found them in a simple office in Magic City. Dianping, which is struggling to operate..."

  Xia Jingxing glanced at everyone, "Does everyone understand? This is just a primary case of Envision Capital's resource integration."

  Fu Jixun nodded, "Mr. Xia, do you mean that our Chinese team and the American team should share information to facilitate quick exploration of projects?"

   "Yes, not only are American colleagues sharing information with you, but you should also tell American colleagues about the business models and good opportunities discovered by the Chinese team."

  As soon as Xia Jingxing’s voice fell, Ricky frowned. He felt that his team should be the main contribution. The Chinese Internet was copied from the United States.

  Xia Jingxing saw Ricky’s careful thinking at a glance, and said lightly: "In the early stage, the American team may have to work harder and pay more.

  But as long as the Internet in China develops, it is possible that the Chinese team will export experience to the American team. "

   "Darren, are you kidding me?"

   Hearing this sentence, not only Ricky was laughing, but everyone else also followed, thinking that the boss was making an international joke again.

   "We will not argue about this today."

  Xia Jingxing shrugged, "Let’s just talk about China, with a population of 1.3 billion. The Internet population will definitely surpass the United States in the future. Do you agree with this view?"

  Everyone nodded. A little attention to the development report of China's Internet makes it easy to draw conclusions. The boss is also telling the truth, not a word of falsehood.

  "The Internet population is large, coupled with the bonus of Chinese engineers, think about it, will the Chinese market play more tricks in the application of the Internet?"

  This view of the boss is quite novel!

  Everyone bowed their heads, thinking and deliberating carefully.

  Xia Jingxing continued: “In addition to sharing resources on the intranet and helping each other to screen pre-investment projects, the Chinese and American VC teams can also cooperate in post-investment services.

  In the case of Yelp and Dianping, it is perfectly possible to introduce the teams of both parties to get to know each other, and even go to each other's company to inspect and learn. "

  Ricky answered, “Darren, arrange for potential competitors to meet and learn. If we do this, will there be entrepreneurs who don’t appreciate it? Instead, we think we have ulterior motives.”

  "This situation is not ruled out. It is all voluntary and not forced. In addition, you should also play the role of investors and do more ideological work.

  For example, Yelp is developing better, faster, and larger, but it will not expand to the Chinese market for a while. You can invest in Dianping and become a shareholder of Dianping.

There are so many countries in the world, such a large market, and some markets cannot be completely occupied. Strategic investment, seeking synergy in business, or simply optimistic about this industry, is actually a good solution as a financial investment. Program. "

After that, Xia Jingxing was ready to give everyone more motivation and announced: "I decided to set up a "cooperation bonus". For example, Ricky, you helped the Chinese team discover Dianping. When the case is withdrawn, the China Foundation will receive dividends. Part of the rake will be awarded to the American team.

  This is an extra reward, drawn from the part that belongs to me. The rewards that the fund team gets will only be more than the original, not less. "

  Xia Jingxing turned to look at Fu Jixun, “The same is true for the Chinese team. You are also rewarded for helping the American team.”

  If two teams that have little relationship with each other sincerely help each other, there are only naked interests.

  Xia Jingxing has a clear insight into these people's hearts.

  Similarly, the two funds found a lot of good projects, or helped the projects go far. For him, the real big boss, it means earning more.

   Hearing that there was a "bonus", Ricky immediately began to ask questions like a chicken blood, including how to build the intranet, how to share information with the Chinese team, and so on.

  People, that’s the reality!

  Xia Jingxing did not go to blame, as long as he did things down-to-earth, he would never hesitate to reward him.

  "For VC funds in China and the United States, I will not restrict the investment industry and investment area, all for the purpose of creating more financial returns."

Facing Xia Jingxing's gaze, Fu Jixun and Ricky nodded together.

   confessed a few more words, Xia Jingxing looked at Jiang Ping and Liu Hai.

   "Xiaoman Fund and Lixia Fund, most of your two funds are externally funded. I have no other requirements for the time being. Pursuing profitability and creating higher returns is the first goal."

   Jiang Ping and Liu Hai both nod their heads.

  Xia Jingxing looked at Jiang Ping and asked: "Peter, you have almost adapted to the operation of Xiaoman Fund now, right?"

  Jiang Ping nodded, “It’s okay. In addition to the dozen or so mainland students I brought, we have recruited more than a dozen good players. Now the team has a total of more than 30 people.

  Next, we will subdivide the team into several teams such as investment research, stocks, foreign exchange, and Asian emerging markets.

  Oh, yes, in addition to opening an office in Hong Kong, we also plan to open an office in New York. In addition to recruiting talents nearby, we can also feel the atmosphere of the transaction most intuitively. "

   "Yes, I have no objection!"

  Xia Jingxing nodded. At that time, it was convenient to manage the company in Silicon Valley.

  Now others have been in China for a long time, and there is no requirement for the region, whether he is on the west coast or the east coast.

   "Let's continue to stay in Silicon Valley to facilitate the recruitment of scientific and technological talents."

   Liu Hai smiled and said: “Recently we have recruited a group of people and are already trying to build a trading model.”

  Xia Jingxing nodded, “That’s good, we should not stop on the road of pursuing technological solutions to empower traditional finance.

  In addition, I will not take away all the profits of Lixia Fund, and will always leave it to your team to invest in technology. "

   Talked with Jiang Ping and Liu Hai for about half an hour, Xia Jingxing looked at Ya Neck and Li Ying.

  (End of this chapter)