My Age of Investment

   Chapter 500 Eye Drops (see monthly pass)

  In the next period of time, Xia Jingxing went to bed early and got up early every day, living the life of a standard office worker.

  At nine o'clock in the morning, I came to the mobile phone company in the software park on time, turned on the computer, drank tea, browsed the news, and responded to various work emails.

  After lunch, rest in the office for half an hour.

  Wait until the afternoon, go to various departments of the company, show a face, and chat with employees by the way.

  Occasionally, at 5:30, a group of executives will be convened for a short half-hour meeting.

  Various research and development work is proceeding in an orderly manner, and all he can give directions are almost done, and the rest can only be handed over to the time.

  He does not intervene in the research and development work, he puts more energy on the formulation and adjustment of the company’s personnel organizational structure, corporate culture, rules and regulations, etc.

  Before his authentic major shareholder, founder, and CEO joined, the mobile phone company did not know the handsome, and even the front desk girl did not know him.

   On the surface, everything is in order, but in reality there is still a lot of disorder and chaos.

  It took half a month, Xia Jingxing sorted out the entire company structure, and also had an interview with every middle-level management.

  In addition, he also took a day's work time, called all the employees, and organized a team building.

  Because there is no break time, the company’s all-inclusive expenses, food, clothing, housing and transportation are of high standards. The employees have seen the strength and pride of the company, and everyone should also remember Mr. Xia’s name and looks.

  …………

  …………

  One day in mid-December, Xia Jingxing came to the mobile phone company as usual.

  As soon as I turned on the computer, I received a call from Fu Jixun.

   "Mr. Xia, Chen Congwu let go, the pre-investment valuation of 70 million US dollars, and the financing of 30 million US dollars."

  "Promise him, sign the contract immediately!"

  Fu Jixun has been sending work emails to Xia Jingxing to report on the negotiation situation.

  Financing negotiations were more difficult. After Chen Congwu’s team lowered the valuation to 80 million US dollars, they were reluctant to go further.

  Fu Jixun talked to each other on and off four or five times, and spent half a month grinding down the price, only to spend 10 million US dollars.

   "Mr. Xia, otherwise I will grind it again, and grind it for another half month, I will definitely talk about more than 60 million US dollars."

  Xia Jingxing feels that Fu Jixun’s professional ethics is really nothing to say. Although he is a gold-collared family, he has the spirit of "grocery mom" when he cuts prices.

  But he was reluctant to use his precious talents as a grocery shopping aunt. He preached on the phone: "No, there are many nights and dreams. The subject of maps is still relatively scarce. If you continue to polish it, it will be good for Sequoia to get ahead.

  Furthermore, as the manager of a $200 million fund, how can you devote all your time to one project?

  End early, so you can put your energy away and focus on external projects. "

  Fu Jixun smiled on the other end of the phone, "Okay, listen to Mr. Xia."

  After hanging up the phone, Fu Jixun contacted Chen Congwu's team, and the two parties formally signed an investment intent agreement in the Beijing office of Envision Capital.

  Jingzhe Fund invested 30 million US dollars in AutoNavi Software and took 30% of the shares.

  Xia Jingxing did not attend the signing ceremony. Recently, he put all his thoughts on the mobile phone company.

  …………

  …………

  A high-end office building in Beijing.

  A man in his thirties, wearing glasses and a round face in a suit pushed the door into an office and said angrily: “Beipeng, there’s some bad news!”

"what happened?"

  Shen Beipeng looked away from the computer and turned to his partner Zhang Fan.

  Fan Zhang graduated from Tsinghua Computer Science and Technology with a bachelor’s degree and also obtained an MBA from Stanford. During his tenure at DFJ, he led investments in Baidu, Kongzhong and Focus Media, and he was well-known in the Chinese venture capital industry.

  He and Shen Beipeng are the founding partners of Sequoia China, that is, the real bosses.

  Zhang Fan said with a calm face: "Autosoft has accepted the investment from Envision Capital."

  Hearing this sentence, Shen Beipeng was not calm for a moment, stood up and asked: "When did it happen?"

   "Just the last few days!"

  Shen Beipeng's face is constantly changing, and they have been in AutoNavi Software for a long time.

  It's just that the target is a bit big, with a one-time investment of tens of millions of dollars, and the valuation is a little bit inconsistent, so Sequoia has been hanging out with the Chen Congwu team.

   can be left to dry, which does not mean not casting.

  This Vision Capital cut their Hus all at once, no less than grabbing their Chinese food, how can it not make people feel angry.

  Shen Beipeng suppressed the anger in his heart and asked: "How much did they invest in Gothe?"

  Zhang Fan shook his head, “Chen Congwu is very cautious. He only said that he signed an investment intent agreement with Envision Capital, but he didn’t disclose anything else.”

  Shen Beipeng murmured: "It's tens of millions of dollars, they just invested in such a hurry? Are you afraid of losing the investment?"

  Zhang Fan spread his hands, "Who knows, how rich Xia Jingxing is, you don't know."

Hearing this, Shen Beipeng shook his head and laughed, "He has a lot of money, but the stall is also very large. The Jingzhe Fund is only 200 million US dollars, and our Sequoia China Fund I is 4 million more than them, with 204 million US dollars. .

  This is not an industry that is more than money, it is better than this. "

  Shen Beipeng pointed his eyes, and then said faintly: “Let him be arrogant, and see how arrogant he is. Investing in Penguin lost 1.2 billion Hong Kong dollars, and it is almost becoming a joke in the investment circle.”

  Hearing this, Zhang Fan's face, which was originally stern because of his irritation, couldn't help but show a smile, "That's value investment, you don't understand."

  Shen Beipeng was very cooperative and nodded: "That's right, people like us don't understand it!"

  "You said, did Xia Jingxing deliberately target us?" Zhang Fan asked.

  Shen Beipeng thought for a while, nodded, "There is such a possibility."

   "He is a bit unreasonable, and it's not that we used guns to force Kong Wei and the others."

  Shen Beipeng waved his hand, smiled and said, “I’m too young, it’s normal to be a little angry, let him go.”

  "Just forget it?" Zhang Fan was puzzled.

   "Otherwise, do you still want to grab it back?"

  Shen Beipeng shook his head, "It's all about opening the door to do business and making money with harmony."

  At first hearing the news that AutoNavi Software had been intercepted, Shen Beipeng was still a little angry, but now he wants to drive, so he can't compete with a hairy guy.

  Because of the real competition, young people stupidly throw money around and cut off their Hus. It is difficult to carry out the work.

  It's not that he was afraid of Xia Jingxing, but that he was worried that it would cause a lot of trouble for nothing.

  Zhang Fan was a few years younger, and he couldn't swallow this breath. He said angrily: "If you let it go, others don't know, we think we are afraid of their vision capital!"

  Shen Beipeng thought for a moment, then shook his head, “Forget it! We also violated the industry taboo about the public comment. Now everyone is even, so stop it!”

  Zhang Fan still feels a little uncomfortable. Shen Beipeng's previous identity is an entrepreneur, holding shares in the listed company Ctrip, and has already had wealth and freedom.

  People who have enjoyed wealth, flowers, and applause don’t care so much about some false names and wealth.

  Unlike him, the profession he has been engaged in is venture capital.

  Before working for Defengjie, now Sequoia China is his own business, and it is the place where he dreams to set sail. Success or failure will involve future reputation and wealth.

  In China's venture capital circle, he is not the most famous and top one, but he must be the first few.

  But now a newcomer has come to give him eye drops, telling him how to bear it.

  Xia Jingxing is rich, but he thinks it is stupid money and throws the net indiscriminately.

  Frame Media, he inquired that it was Chen Hong who brought Xia Jingxing into the car, not to say how clever Xia Jingxing was.

  Scape, he feels more of a bad luck.

  Now that we invest in Penguins, we can directly see what the so-called investment myth is.

  (End of this chapter)