Chapter 507 Gang formation (seeking monthly ticket)

afternoon.

  The symposium opened on time.

  Xia Jingxing sat quietly under the stage, watching Zhang Fan's various pretendings on stage, talking about the way of venture capital, including how he invested in several listed companies such as Baidu, Focus, and Kongzhong in recent years.

  Since their birth, these companies have had the conditions for success, and the characteristics of their founders that attract venture capital, and why venture capitalists are willing to pay to support their dreams.

   God babbled, mysterious and mysterious, without a word of dry goods, but it just bluffed the large group of entrepreneurs under the stage, and thunderous applause sounded from time to time.

  In terms of fame, Zhang Fan is indeed the most popular figure in China's venture capital circle in recent years, and he has won several listed companies in a row.

  It can be called the hot fried chicken in the investment circle, top traffic!

The reason why Sequoia America chose him and Shen Beipeng as China’s partners was that Zhang Fan’s extraordinary investment record accounted for a considerable factor. Shen Beipeng is a local listed entrepreneur with rich entrepreneurial experience, familiar with the local market, and contacts. There are resources.

  Two people complement each other in terms of abilities, connections, resources, etc., making it easier to accomplish things.

  Sequoia America has still made a lot of effort in selecting candidates.

  Xia Jingxing sounded drowsy and regretted in her heart. She knew she would leave after lunch, so why bother to come and listen to these unnutritious things.

  "...The domestic investment circle has become a little impetuous since this year. I don't know if there are more people coming in or more funds raised.

  But I want to emphasize that as a GP, we must be responsible for the LP’s money, and blindly invest and drive up the price of the target is not advisable.

  Some investors insist on going their own way, and they will eat bad results in the future, which will also bring bad atmosphere to our industry. "

While    was speaking, Zhang Fan deliberately glanced at Xia Jingxing, who was sitting on the right side of the first row, for several times, and the intention could not be more obvious.

  As the host, the little fat man Li Zhengdong saw that he was off topic, and quickly interrupted, "I have a question. As an investor, Mr. Zhang Fan, how do you get along with the founder of the invested company?"

  Zhang Fan smiled and replied, “Naturally, we get along as friends. What resources our fund can provide to the invested companies are provided to them without reservation.

  As far as I know, individual funds invested in other companies, drove the co-founders away, and swallowed that part of the shares.

  This kind of eating is very ugly, I call it "predator fund".

I advise entrepreneurs present to keep their eyes open when financing, not to be deceived, to learn as much as possible about the past history and achievements of a fund, and to judge the industry of a fund and manager from multiple levels Word of mouth..."

  Li Zhengdong's face is a bit ugly, no matter what question he asks, the other party can always make use of it.

  This is their home court of Zero2IPO, and they were regarded as a place to attack their opponents.

  Many entrepreneurs under the stage followed Zhang Fan’s gaze and glanced at Xia Jingxing who was sitting in the first row for several times, and then began to whisper.

  The grievances between the two investment institutions have been completely put on the table.

  "Okay, let's ask Mr. Wang Gongquan of CDH to share his investment experience."

  Li Zhengdong held the anger in his heart, his smiling face remained, but he ended Zhang Fan's speech decisively.

  Zhang Fan originally wanted to say a few more words, but Li Zhengdong was already very dissatisfied, so he did not continue to do everything, anyway, his goal has basically been achieved.

  Looking at the people whispering in the audience, Zhang Fan smiled slightly.

  Isolating Vision Capital in the investment circle is only his first plan.

  The second measure is to stigmatize and stigmatize vision capital in the entrepreneurial circle. It depends on who dares to ask for your investment in the future.

  While Wang Gongquan shared his investment experience on stage, Li Ying, Fu Jixun and others were still complaining to Xia Jingxing with a look of dissatisfaction.

Fu Jixun said: "Boss, we have to pay more attention to the matter next. If the public comment is not clarified, I am afraid that uninformed entrepreneurs will really think that we are black-hearted capitalists, which will cause a lot of unnecessary work for us. Trouble."

  Li Ying nodded, "Yes, I feel that this sail says this in front of so many people, just to make us stink, it's too hateful! The wicked person has to sue first."

  Xia Jingxing looked at the indignant subordinates and waved his hand, “He is so poor now that he can only play with these little tricks. The most important thing about investment is the return!

  The rate of return is high. You are the **** of investment, and you can be said to be "really fragrant" if you fart.

  Look at how beautiful he is now, and everyone believes everything he says, but it is not supported by his investment record in the past few years.

  Let him continue to float, we just focus on our own affairs.

  You go to clarify now, people think we are "guilty of guilty conscience".

  As long as Dianping develops well, it will succeed!

  The outside world will say "the strong man broke his wrist, decisive enough", "cut the horse with tears"..."

  Several people thought about it, and they all nodded.

  In the final analysis, it is the investment record that determines how far an institution can go.

  Have a record, speak loud enough, and the waist is hard enough. What you say and do is right. this is the truth!

  The afternoon meeting, which lasted until about five o'clock, was officially over.

  Li Ying, Fu Jixun and others drove home by themselves, while Xia Jingxing called Zhu Min and Deng Feng whom they had agreed with before, and went to the Chang’an Club to party together.

  Chang’an Club is one of the four major clubs in Beijing, located in the Chang’an Building near Tiananmen Square.

  As soon as the three of them walked into the club hall, they saw a golden dragon chair with a high degree of simulation, much like the one in the Forbidden City.

  There is also a fence next to the dragon chair, which is only for viewing, not sitting or touching.

   "This is in ancient times. I'm afraid it will kill the Nine Clans, right?"

  Xia Jingxing's words made Deng Feng and Zhu Min laugh.

   But in terms of facts, domestic high-end clubs have become more extravagant these years.

  In order to appear high-end, put the American flag, put the dragon chair, each one is more exotic.

  In the fashionable words of many years later, it belongs to "just getting rich, but the temperament has not kept up."

   "I heard that the ancestor of this Ms. Chen from Fuhua is a true yellow flag, and the roots are red. If it is not for a change of dynasty, at least it is now a style."

  Deng Feng’s mouth was also very damaged, and Xia Jingxing watched the dragon chair while chatting quietly.

   "Come on, keep your voice down, you two have been heard, no good!"

  Zhu Min is a lot older than two, so he has to be much more experienced in dealing with people, so he couldn't help but remind him.

  "I don’t understand. How could Tang Seng fall in love with her as an old woman. There are so many female bodhisattvas and female fairies in Journey to the West. Which one is worse?"

  Deng Feng held back his smile and gave Xia Jingxing a thumbs up. It is better to judge the harm or the little brother.

Xia Jingxing smiled and did not continue to damage it. This old lady Chen did not start up very cleanly. I heard that the first pot of gold was in the name of "goods" and took possession of the cultural relics confiscated in the humanitarian torrent at a low price. Many places in Belgium have been to speculation.

  In the 1990s, he returned to the mainland from Hong Kong with a large amount of investment, transformed himself into a celebrity, a major real estate developer, and Tang Seng had eaten his meat. There is no regret in this life!

  It’s just that we can see from the picture station reported by the news media that Tang Seng's life is not very good, it seems that there is no soft food to eat!

  Vision Capital spent money to buy corporate members in the four major clubs in Beijing, so after Xia Jinghang showed the membership card, a waitress with first-class looks, temperament and body led the three of them into a box.

   Randomly ordered a table of 48,888 yuan of the top set meal, Xia Jingxing accompanied the two to chat.

   "Jingxing, I don't know if there is something wrong to say."

After chatting for a while, Deng Feng looked at Xia Jingxing and said solemnly.

  Xia Jingxing smiled, "What's wrong? Let's just say something right, so what's the point of life?"

  Deng Feng slowly said: "Zhang Fan has great opinions on you. I feel that he wants to punish you, so you should pay more attention."

  Xia Jingxing nodded, "I know this, and I will be prepared for it."

  Seeing that Xia Jingxing had a good idea, Deng Feng stopped to say more.

  "The three of us are all "outsiders", and we suddenly broke into the investment circle. It is inevitable that we will have a certain conflict of interest with the original "old man in the industry"."

  Zhu Min smiled and continued to analyze: "However, the domestic economy is developing rapidly, and the cake is also very big.

   While there is competition, there will be cooperation. "Cooperation" may become the norm in the investment circle in the future.

  The three of us all came back from the United States.

  No matter what the future holds, we, Cybernaut and the Northern Lights will all stand by your side. "

  Deng Feng nodded, "Yes, if you need our help, just let me know."

  Xia Jingxing heard the song and understood the elegance, and said with a smile: "No problem, there are big projects in the future, the three of us should also support each other!"

  Deng Feng and Zhu Min smiled, and Xia Jingxing’s words were just what they wanted.

  The two have known Xia Jingxing for so long, and they have a full understanding of their abilities and strengths, including the floating loss of investment in Penguin, which is not a big deal in their eyes.

  Now all three of them are foreigners, and maybe they will have conflicts with those who sit on the ground someday.

  Sequoia China is also foreign, but Shen Beipeng and Zhang Fan have been mixed in the country for many years, and they are still different from the three of them.

  Helping others is helping oneself. Both of them see clearly and are prepared.

  Xia Jingxing accepted it, after all, he was not afraid of Zhang Fan, or what Sequoia would make him stumble.

  He is not sure if the two of them were run on by these domestic tenants, and he does not rule out this possibility.

  Sometimes in order to grab top-level projects, funds and funds are also grouped together, divided into circles, and formed cliques.

  A simple offensive and defensive alliance was reached, and the dishes were slowly brought to the table.

   is worthy of top-notch ingredients, with first-class color and fragrance. Zhu Min caught up with the humanitarian torrent when he was young. After a lot of bitter days, watching the table full of delicious food, he said "too expensive".

  Xia Jingxing smiled. This old farmer-like old man is also very valuable. The market value of Netcom has exceeded 2 billion US dollars, and the stock price is rising well. The old man holds more than 10% of the shares.

  The three of them were chatting and laughing while tasting famous wines and delicacies.

  Zhu Min also talked about NetEase. He and Ding Sanshi are fellows. Netease stock price was down that year. Ding Sanshi asked him to save him. Unfortunately, he didn't buy it. Otherwise, he is worth more than Ding Sanshi.

  Unfortunately, there is no regret medicine in the world!

  While regretting, the old man praised Xia Jingxing for his clever vision.

  Xia Jingxing was very clear about Netease's purchase of NetEase many years ago.

  So the two of them almost never questioned Xia Jingxing's investment vision.

  It is not ruled out that the two people proposed to form an alliance, not only for self-protection, but also with a certain utilitarian idea, but if there is no use value, no one wants to play with you.

   Staggered, pushing the cups and changing the cups. When the dinner was over, the three of them made an appointment to wash their feet together.

  (End of this chapter)