Hoa Ngu 2002 Started From The Fairy Sister
Chapter 141
After lunch, Brother Pony, Zeng Li Qingren slipped away directly, took out the penguin's shares again, and stood up with his eyebrows raised. Ding Sanshi is also ready to go back to NetEase and start pretending to be B, to be precise, pretending to be B.
"Sister Xin, let's go meet your boss Zhuang Sheng."
Xu Xin nodded when she heard this: "I will leave Bullying Asia as soon as I complete these two projects this time, I hope this is my last job, Mr. Shen." If we still don't have a good time working together, I'll work for you for up to 5 years.
Shen Fang put his arm around Xu Xin's shoulder: "Sister Xin, I'm Liu Xiu, not Liu Bang." And I'm lazy, my wish is to invest in investment, make movies, and have nothing to do with a few more girls. Money is important to me, but friends are even more important.
Xu Xin smiled: "I know, you could have taken down Penguin and NetEase, but you didn't do it."
Shen Fang shrugged his shoulders: "It's useless for me to take it, I don't understand these techniques, and I don't have time, Brother Xiao Ma and Mr. Ding are both talents in this area, just have them make a small fortune in the back."
Xu Xin sighed: "I have been following Johnson for 5 years, and I am his No. 1 employee, but unfortunately he did not agree to me to be a senior partner." Otherwise, I really don't want to follow you.
Shen Fang smiled: "This kind of boss is the boss of the search, and there is no future with him." I'm different, I try to meet what you want, I can meet it, these two transactions are over, Sister Xin, you help me control the capital, and I will take care of it to you, and you have the final say. In addition, I will give you 10% of the shares.
Xu Xin smiled: "Mr. Shen is really generous." It's a pity that Zhuang Sheng was too anxious and let you pick up the cheap.
Shen Fang smiled: "There is no far-sighted person, who is not worthy of eating the fattest meat."
Shen Fang, Shen Kun, and Xu Xin went to the airport and flew to HK.
Xu Xin, the queen of venture capital in the investment world.
In fact, Xu Xin's investment in NetEase received 8 times the return and invested in Zoomlion to earn 10 times the "god operation", which was created when she worked hard under Zhuang Jiacheng.
To a certain extent, the revival of Zhuang Jiacheng's "Baring Asia" in Asia is also inseparable from Xu Xin's "divine assistance".
It can be said that thanks to the tacit cooperation between Zhuang Jiacheng and Xu Xin, Baring Private Equity Asia has gained a firm foothold in the market.
Founded in 1762 as Baring Bank, Baring Private Equity Asia continued its success until the end of the 20th century. In 1995, a global index futures trading violation caused Baring Bank to suffer a heavy blow and eventually collapsed.
Immediately after, ING acquired it for a symbolic price of £1. In 1997, ING continued the Barings brand and established a Hong Kong subsidiary, Baring Private Equity Asia, to make equity investments in Asia.
This year, Zhuang joined Baring Asia. Soon after, Zhuang Jiacheng led the management and acquired the entire equity of Baring Private Equity Asia, making Baring Private Equity Asia an independent company. At that time, Zhuang Jiacheng was eager to seek talents.
Coincidentally, in 1998, under the impact of the Asian financial turmoil, Xu Xin's Peregrine went bankrupt, and she had to find another job. At this time, Xu Xingang emerged in the Hong Kong venture capital circle by investing in Wahaha, and Zhuang Jiacheng quickly threw an olive branch to her.
Xu Xin and Zhuang hit it off and immediately became Baring Private Equity Asia's "No. 1 Employee" in Hong Kong, serving as Managing Director of Baring Investments China. During this period, Xu Xin created a number of "myths" in the venture capital circle.
First, in 1999, Xu Xin found Ding Lei, the founder of NetEase. At that time, Taiwan's Qimo Network, which was ten times larger than NetEase, was throwing an olive branch to Ding Lei. When Ding Lei was struggling, Xu Xin found Ding Lei and gave his own judgment: the huge potential of the mainland market, and persuaded him not to sell the controlling stake.
Later, Ding Lei accepted Xu Xin's suggestion and reached a cooperation with her, and the first phase of Baring Private Equity Asia's fund invested $5 million in NetEase.
In 2000, after NetEase went public on the NASDAQ, the stock price went all the way, raising a huge amount of $115 million in 18 months, Xu Xin's initial investment was $5 per share, and NetEase reached $30 per share at the highest value, but Xu Xin did not cash out.
Unexpectedly, the global Internet bubble crisis soon followed, causing the stock market to plummet, and NetEase's stock fell to less than $1 per share at its lowest. In September 2001, NetEase was directly suspended. And in these extremely torturous two years, Xu Xin repeatedly called every shareholder to persuade them to survive the darkest moment.
Finally, in 2003, the online game industry ushered in a big explosion, and NetEase's stock price climbed all the way, and its market value once exceeded $1 billion. In 2004, Xu Xin led Baring Private Equity Asia to cash out, and finally achieved 8 times the excess investment return.
Not only that, when he was under Zhuang Jiacheng, Xu Xin also had an investment experience of 10 times the rate of return.
Also in 1998, during the Asian financial crisis, under the policy of monetary austerity, Zoomlion had cash flow difficulties, and Xu Xin led Baring to take action in time.
At that time, Zoomlion had a good market prospect and a high industry share, but it suffered from a lack of funds. After receiving a $3.5 million investment from Barings, Zoomlion successfully "turned over" in less than two years. In the end, Baring Investments sold Zoomlion's stake for $35 million, making a 10-fold profit.
From the time she joined Baring in 1998 to her departure in 2005, she achieved an average annual return on investment of more than 100%, successfully operated 9 investment projects, and helped 5 companies including NetEase go public.
At the same time, Baring Asia, helmed by Zhuang Jiacheng, was also invincible. At its inception in 1998, its fund management was US$25 million, and by 2006 it had grown to US$1 billion, making it one of the top 15 private equity fund managers in Asia.
After Baring's $3.5 million investment, Zoomlion successfully "turned over" in less than two years. In the end, Baring Investments sold Zoomlion's stake for $35 million, making a 10-fold profit.
It can be said that thanks to the tacit cooperation between Zhuang Jiacheng and Xu Xin, Baring Private Equity Asia has gained a firm foothold in the market.
In September 2005, Xu Xin left Baring Capital to found what we know as an independent VC "Today Capital", focusing on the consumer, retail and Internet industries. The following year, Liu Qiangdong brought in Xu Xin's investment, and later JD.com was listed in the United States, and Xu Xin's return on investment was as high as more than 150 times.
Later, Xu Xin occupied the cusp of the times and invested heavily in Meituan to buy vegetables. She made 40 times her investment in BESTORE, 50 times her investment in Vipshop, and 50 times her investment in Three Squirrels With her unique vision and keen judgment, she has turned some small companies into industry giants, and deservedly became the "queen of venture capital".
The growth experience of domestic Internet giants is closely related to Xu Xin, she is the driving force behind the scenes, and it can be said that she is a super natural choice to work as a worker.
As for Zhuang Jiacheng, in fact, he also looked at Xu Xin's selection of worker attributes, as well as his wife's resources, his wife is the granddaughter of the "Iron King" Pang Dingyuan, of course, Zhuang Jiacheng is also a small wealthy family, and he got married.
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