My Age of Investment

   Chapter 966

  Xia Jingxing waited in the capital for three days, but he did not wait until the first-year league's anger shot.

  This made him more or less disappointed. He slapped him but didn’t fight back. Isn’t this the style of those people? Could it be a **** change? Want to use this method to win the sympathy of the industry?

  With the withdrawal of a large number of institutions such as Capital, DCM, and the collective failure of the remaining alliance member institutions in Thousand Oaks Investment, this loose interest alliance that once wanted to encircle Vision Capital in China has become less and less vigorous.

  Xia Jingxing hasn't heard about the match between Envision Capital and the Junior One Alliance for a long time.

  Fu Jixun grabbed the Sequoia project this time, which broke the confrontation between the two sides to some extent.

  The opponent didn't make any moves, Xia Jingxing decided not to wait anymore, and took a Gulfstream flight back to Chengdu.

  As soon as he arrived in Chengdu and got off the plane, he received a call from Tong Shijie.

   "Mr. Xia, today Xiong Xiaoge called everyone together for a meeting, specifically mentioning Noah's wealth."

   "Oh, what did he say." Xia Jingxing showed interest.

   "He said that Vision Capital is strong, and he persuaded Zhang Fan to bear it, and recently everyone's life is not easy..."

  Tong Shijie said with a smile on the other end of the phone: “IDG’s American chairman McGovern became angry and reprimanded Xiong Xiaoge for not managing the business department in China, he would switch to someone who could manage it well.

  You should know that McGovern trusted Xiong Xiaoge very much in the past, and he has never said such a heavy word to Xiong Xiaoge. "

   "That is! After all, IDG is the number one venture capital institution in China that has invested in countless star companies such as Ctrip, Baidu, Sohu, Penguin, Kingdee, Home Inns, and Hanting."

  Tong Shijie sneered, "What is the first? Boss, I wonder if you have noticed a voice in the industry? Some people say that IDG has started to fail and has become mediocre. In the past two years, there has been no clear exit case.

  There is also the Thousand Oaks thing, and I can't cover the lid completely! What happened to Renren’s traffic? There are less than 100,000 active users! "

  The corner of Xia Jingxing’s mouth raised slightly. Recently, some media published articles, appraising Qianxiang as "the biggest venture capital failure in China's history."

  In fact, there is not much loss, only more than 200 million US dollars. Compared with future shared bicycles, Ruixing, and LeTV, it is only a fraction.

   But in this era, and it is the tragedy caused by the top venture capitalists in the industry, it would be too slapped.

"It's the same on the Sequoia side. Shen Beipeng said with a sullen face that their second fundraising failed. Moritz, the boss of the United States, said he would not give any more money unless the performance of the first fund improves. assistance."

  Tong Shijie gloated: “They wanted to invest in Noah Wealth, expand a fund-raising channel, initiate the establishment of a RMB fund, and rely on this RMB fund to reverse the company’s decline.

  Unexpectedly, Noah Wealth finally chose to invest in the embrace of Vision Capital.

  This is not only as simple as the project being robbed, it means that their hope of turning over is not obliterated.

   asked me to say that Lao Fu was really tough this time, and he hit the seven inches of Sequoia directly. "

  Xia Jingxing smiled, and then asked: "Are they not planning to retaliate against each other?"

  "What's the revenge? The bullets of Sequoia Capital's first phase fund are almost finished. If the battle continues, Zhang Fan and Shen Beipeng are afraid they can only travel the world.

  Xiong Xiaoge is in a better position because of his past performance, but the pressure is also great.

  Now there is a bleak cloud in the alliance, and it may be possible to split up the group at some point. "

  Tong Shijie gets more and more excited as he speaks, he seems to have seen the date when he returns to the embrace of the organization is approaching.

   "Okay, I see, hold on again, guard the last guard, and remember to grab some valuables when you divide your luggage."

   warned, Xia Jingxing was about to hang up, suddenly remembered something, and asked: "What's the situation at Walden International?"

   "You said Chen Liwu, he is the same, there is nothing abnormal, do you need me to contact him?"

   "That's not necessary! Okay, so be it."

  Xia Jingxing hung up the phone, staring straight out of the car window.

  Chen Liwu some time ago entrusted Huang Hongsheng’s wife, Lin Weiping, to bring him a message, in order to ease the relationship between Walden International and Envision Capital.

  Before, due to Dangdang’s financing of several companies such as Walden International and IDG, Xia Jingxing was upset and raised the sedan chair during the bidding, which paid a high price for Walden International to obtain the shares of Dangdang.

  Because of this, Walden International joined the Avengers launched on the first day of the Lunar New Year in 2006, and also invested in Thousand Oaks Group. The relationship with Vision Capital was once in a state of flux.

  The establishment of Renaissance Semiconductor has allowed Walden International to see Xia Jingxing’s determination in semiconductor investment.

After   , Envision Capital successfully won the favor of CIC, which gave Walden International a look at it. At the same time, Chen Liwu clearly realized the gap in strength between the two sides.

  However, because the relationship between the previous two companies was too stale, Chen Liwu was a little bit unable to face Xia Jingxing directly, so he used circuitous tactics to find Lin Weiping to make peace.

  The reason why Lin Weiping was hired as the middleman was because Walden International had invested in Skyworth.

  Although Skyworth is now acquired by Fuxing Industrial Group, the friendship between Chen Liwu and Huang Hongsheng is still there.

  Xia Jingxing retracted his gaze out of the window, sighed for a long time, and decided to abandon the previous suspicion and accept Walden International.

  First of all, everyone is just a dispute of spirit, not a deep hatred, business affairs, because the separation of interests is normal.

Secondly, Walden International has been deeply engaged in semiconductor investment for nearly 20 years. Its industrial map covers more than a dozen countries and regions including Europe, America, Japan, South Korea, Taiwan, and Singapore. It has also entered domestic investment for more than a decade. It has invested in a large number of Huaxin, China Resources Micro, China Micro As a semiconductor company, Chen Liwu has also served as a director of Huaxin International.

  Some media broke out in the past life that more than 100 semiconductor companies were included in more than 500 projects invested by Walden International, and 120 IPO exit cases have also been reached.

  Walden International is regarded as the main venture capital institution for early investment in domestic semiconductors, and even Chen Liwu has won the title of “Godfather of Chinese Chip Venture Capital”.

  A single flower does not mean spring, but a hundred flowers bloom in a spring full of gardens.

  In order to build a chip industry and chip venture capital ecology, Everbright Capital cannot work hard alone. It needs to join forces with more powerful investment institutions.

  Walden International is deeply engaged in semiconductor industry investment, and can persist even when most people are not optimistic. This is actually the most ideal partner.

  After learning about the investment layout of Walden International in the semiconductor industry, Xia Jingxing also thought about abandoning the previous misconceptions and working with Walden International to develop the semiconductor investment market.

  But like Chen Liwu, he couldn't show each other's face, and at the same time, he was worried that easing the relationship would not result in humiliation.

  Now that Chen Liwu takes the initiative to invite people to show his favor, then he doesn't need to hold on to the grievances in the past.

After thoroughly figuring it out, Xia Jingxing returned a call to Lin Weiping.

   "Sister Lin, please bring a message to Chen Liwu and say I want to meet him."

   "Okay, President Xia, I will call him right away. You hesitate for so long, I thought you wanted to turn him down."

   "Nothing, there are too many things on hand, I forgot when I was busy, I just remembered it today."

"Oh, that's the case! Xia, I think since our Fuxing Industry Group is going to be a semiconductor, the advantages of cooperating with Walden International must outweigh the disadvantages. If you have any misunderstandings in the past, just let it go. That little money is enough."

   "Yes, you are right. The semiconductor industry is a weak underbelly of the Fuxing Industrial Group. Indeed, we should not hold on to that bit of grievances anymore. We have to look forward."

  ……

  Xia Jingxing put away the phone and let out a long sigh of breath, let the past things go, completely turned the page, history needs to open a new page.

  (End of this chapter)