My Age of Investment

Chapter 455: Many social routines (seeking monthly pa

  Chapter 455 There are many social routines (seeking monthly pass)

   Seeing Xia Jingxing’s question, Nicholas also explained it.

   "Yahoo, Google, Microsoft, and almost the Internet giants that are well-known in the United States have approached us, but the price offered by eaby is the most sincere!"

  For the investor Xia Jingxing, the Nicholas team has a good impression.

  The attitude of giving money is straightforward, and he never interferes in company management indiscriminately.

  In addition, Facebook and YouTube have also advertised for Scape, they are strategic partners in the true sense.

   "Oh, yes, among the Silicon Valley giants, you are the only one who has not contacted us on Facebook!"

  Nicholas gave Xia Jingxing a glance, and said with a smile: "I haven't officially signed it yet, and it's too late. Would you like to think about it?"

  Xia Jingxing waved his hand and smiled, “I have not interfered with Facebook matters a long time ago, and I will be a financial shareholder. The specific situation is not clear to me.

   Besides, we can’t afford it! Scape is so expensive that the giants can afford it. "

  Nicholas shook his head and laughed, obviously not believing Xia Jingxing's words.

  Scape’s valuation is not cheap, but compared to Facebook, which is valued at tens of billions of dollars, it is far from it.

  To put it honestly, he does not reject Facebook's acquisition of Scape. He can't pull out so much cash and Facebook issues new shares. He doesn't dislike it.

  After all, everyone knows that Facebook is a golden mountain with infinite potential.

  But listening to Xia Jingxing's tone, it seems that he has no interest in Scape at all.

  Nicholas is not reluctant, and talk to Xia Jingxing about other topics.

  It’s not that Xia Jingxing didn’t consider the issue of Facebook’s acquisition of Skip, which can not only enter the field of instant messaging, but also increase corporate valuation.

  But in the long run, the gains outweigh the losses.

  Scape’s difficulty in profitability is a problem. The most important thing is that mergers and acquisitions need to dilute a lot of shares, which is far inferior to self-made.

   accompanied the six founders of Scape for a carnival for a while. After being invited to sing a song, Xia Jingxing bid farewell to the six people, found a hotel nearby, and stayed with Duck Neck and others.

  As soon as Xia Jingxing had dinner in the room, the doorbell rang.

  Xia Jing walked to the door, glanced outside through the cat's eyes, and saw an acquaintance with a middle-aged white man who was a little stranger.

   opened the door a crack, Xia Jingxing asked: "Howard, what's the matter?"

   "Dalun, we have something to talk to you!"

  Xia Jingxing opened the door and greeted the two of them to enter the house.

   "Hello, Darren, this is Steven Jurvetson, the founding partner of DFJ."

   Accompanying Howard into the house was a forty-year-old white man with meticulous hair combing and wearing a decent high-end suit.

  Xia Jingxing shook hands with the other party, "Steven, nice to meet you."

  This is the second in command of Defengjie and the person who founded Defengjie with Draper. He is the real boss.

  Howard, who was the partner of Defengjie who invested in Scape with Xia Jingxing, can only be regarded as a senior employee.

  Xia Jingxing greeted the two of them to sit down in the room, sat on the bed by themselves, and asked: "Is there anything important for the two of you to visit late at night?"

  "Dalun, although Defengjie has been a little unhappy with you in the past, we also invested in Tesla, and we also invested in Scape together, which can be regarded as a very happy partner."

  Steven did not directly answer Xia Jingxing’s question, but opened up a friendship.

  Xia Jingxing has a shallow smile on his face. Steven is not very familiar with this person, but he has also heard of the other party’s lace news. He likes playing female entrepreneurs the most. If you want to invest, you have to be happy with him.

  Later, she overturned the boat and was exposed by a female entrepreneur publicly on Facebook. She lost her face and made Defengjie criticized.

  This kind of thing, not to mention the European and American capital circles, there are many even in China.

  Investment decision-making power is in the hands of the tycoons of venture capital institutions, and the rights given to them by the investors are used by them to pay rebates and play with women.

  Money has also been made, women have also played, the fund return rate is low, the company is not working, just change to another company and continue to pit.

  Xia Jingxing has no ethics and cleanliness, it is none of Steven's business. Now he only cares about the purpose of the other party's late night visit.

   nodded, and followed the other party’s words and said: "Yes, Defengjie is a good partner."

  Xia Jingxing smiled, "Now ask my partner to tell me, what good project do I want to work with?"

  Steven didn’t expect Xia Jingxing to be so anxious. He was indeed a young man, unable to bear his temper, and smiled faintly, “In fact, there is no other meaning, I hope Darren, you can stand by our side and stop the sale of Skep!”

"Why?"

  Xia Jingxing felt that Steven’s request was sudden and somewhat confusing. Eaby is going to spend more than two billion US dollars to acquire Scape. This guy actually wants to prevent the sale. What is it going to do?

  Steven's face was calm, "Daren, don't get excited, please listen to my explanation."

  Xia Jingxing was not in a hurry to express his position, guessing that Steven is not a fool. He must have a deep meaning in saying this. He raised his hand and motioned to the other party to continue. He wanted to see what medicine he sold in the other party's gourd.

   "We believe that Scape's potential is far from the top!"

  Speaking of this, Steven's eyes became sharper. He looked at Xia Jingxing and said: "It's like someone wants to buy Facebook now. Can you sell it?"

  Xia Jingxing understands the other party's purpose, but still thinks that Scape's potential has not been fully tapped, and the sale is not cost-effective at this time.

   "It's useless to tell me this. I only hold 8% of Scape's shares, which is not decisive."

  Xia Jingxing is also telling the truth. The voting rights corresponding to his shareholding rights will not play a big role in the overall situation.

  Steven waved his hand, "Dalun, you are wrong. Apart from you, we also contacted Boshang Ventures, Index Ventures, Hongshu Ventures and other shareholders tonight.

  As long as everyone works together and the voice of opposition is too loud, it should still be able to bring Nicholas and several other founders back to life. "

   Steven's eyes were shining, and he looked at Xia Jingxing with expectation.

  Xia Jingxing asked with a smile: "Then how much do you think Scape's valuation can rise in the future?"

   "At least tens of billions of dollars, this is an extremely huge industry, competing with traditional telecommunications companies..."

  Steven danced with his hands, giving Xia Jingxing a vivid description of the bright future of the future.

  Xia Jingxing shook his head, "I still don't participate, there are too many uncontrollable things."

   "Daren!"

  Steven's face became serious, "Just make this point, are you content?

  I know that you are a very aspiring entrepreneur and you are not short of money. Let’s work together in partnership and work together, and we will definitely be able to make a big deal that breaks the historical return record. "

  Xia Jingxing shook his head, "I didn't think so long-term. I am very satisfied with the return now."

  Faced with the incompetent young man in front of him, Steven was also a little helpless. No matter how he drew the cake, the other party would not bite.

  It’s hard to do!

   "Well, let's take a leveraged buyout of Scape! I know that Envision Capital also has a PE fund. The scale is not low. It should have more than two billion US dollars, right?"

  Steven persuasively said, "Without much money, only a small amount of capital is needed, and then we find a syndicate to pledge an equity loan. We can issue junk bonds for the rest, and we can easily win Scape.

  Dalun, if you want to be the CEO, we at Defengjie will support you to the end! "

  Xia Jingxing looked at this foreigner, how many dishes, how many dishes, drink like this?

"LBO?"

  Xia Jingxing smiled, "Can Scape's cash flow cover the interest that needs to be paid in the future? Don't lie to me, I still understand PE investment."

  Steven was a little embarrassed, and hurriedly remedied: "Daren, what I'm talking about is just a plan. Selling Scape now is like selling a golden chicken that lays eggs. In the future, I will harvest a lot of eggs."

  "You keep the eggs and sell them yourself! I'm not interested! It's not too early, let's rest early!"

  Xia Jingxing didn't want to go in circles with the other party anymore, so he directly issued a eviction order.

   Seeing this, Steven didn't stay cheeky and left without saying a word.

  Howard and Xia Jingxing have a good relationship. He just walked behind without saying a word, nodded slightly towards Xia Jingxing, and made an expression of sorry.

  Closed the door, Xia Jingxing sat on the bed and fell into deep thought.

  After a few more years, Microsoft can offer nearly four times the purchase price of eaby.

  But in the past few years, with such a large sum of money, can't it create a return far more than four times?

  Steven is actually not well-intentioned. I don’t know where to find out about Envision Capital’s $1.5 billion loan, playing his idea, and urging him to become the CEO of Scape.

  It’s really messed up, and the most unlucky one is Vision Capital. DFJ takes much lower risk.

  So many social routines!

   Thank you book friend 20200317180306875, chaotic brain hole, book friend 20201009194742567 for rewards!

     Gives back one more, and still owes five chapters for reward plus more! Always remember the debts, and will pay them back slowly!

    

   

  (End of this chapter)