My Age of Investment
One thousand two hundred and thirty-six, the originator of group buying
Xiaoquan took out 286 houses under its name and invested US$50 million in a housing rental company;
The Friedrich Group invested US$200 million and provided comprehensive technical and human support to housing rental companies in terms of real estate operations and management;
Vision Capital’s Real Estate Recovery Fund injected US$1 billion in cash to support housing rental companies from the perspective of capital operations.
Therefore, the equity proportions of the three parties in the house rental company are roughly divided into 4%, 16% and 80%.
Vision Capital occupies an absolute dominant position, followed by the Friedrich Group, and the Puppy Family Office is the kind that doesn't do anything.
Xia Jingxing sat in the office, dialed Ivanka's phone number, and informed her of the relevant information about the house rental company.
Then he felt Ivanka's joy across the phone.
"Wow! Darren, this good news comes so timely! I was worrying about where to get hundreds of houses. Now it's okay. All the problems have been solved. The house rental company can be officially put on the agenda. ”
Xia Jingxing smiled and said, "Check with your dad again. Is he really going to do business with me?"
"Darren, my father sincerely wants to cooperate with you, and he said that the Friedrich family's business resources, political resources, connections, etc. are all at your disposal.
He won't tell the rental company what to do, it's all up to you. "
Xia Jingxing listened quietly, with a faint smile on his face.
It wasn't that he couldn't trust Frederick, but that the other person's character was really bad.
If Ivanka had not begged for mercy many times and served him comfortably, he would not have cooperated with the Friedrich Group at all.
"Okay, Ivanka, you don't have to say anymore. If this project were completely my own, I might still be used to your father's bad habits.
But the Real Estate Recovery Fund is not only funded by Vision Capital. Most of the funds, or 99% of the funds, come from the old money families and blue-blood aristocrats.
Do you get me? They won't tolerate your father's bad habits.
Since Mr. Friedrich promised never to interfere with the project, he must keep his promise to avoid unnecessary trouble in the future. "
Ivanka on the other end of the phone was silent for a while before replying: "Don't worry, I will convey all these words to my father, and I will also remind him that I will not watch him do anything wrong. Decide."
Xia Jingxing smiled. Ivanka is a smart person and can tell the truth.
In order to prevent Friedrich from having a seizure one day and jumping out to cause havoc, he could only say ugly things first.
The LPs of real estate funds are all well-established people. If Friedrich wants to make any small moves, he should think about it himself.
"Okay, then you can just tell your dad and tell him to wait quietly. When you make money, he will inevitably receive the dividends."
"Well, I understand! Then Darren, when will the investment from the real estate fund be in place?"
Xia Jingxing paused for two seconds before replying: "Next month at the latest."
The so-called real estate recovery fund is actually a new fund raised from the original LP group of short-selling funds.
Liu Hai and Jiang Ping have been closing the net since this month.
After the loot is counted, Xia Jingxing will take away all his own funds and profits, but the remaining external LP principal and profits are still an astronomical figure.
The scale of a single fund is too large and it is not easy to operate. Therefore, Xia Jingxing is planning to guide these LPs to invest in real estate funds and PE funds under Vision Capital, and is no longer limited to hedge fund products.
As for the VC fund with the highest return rate, Xia Jingxing has not opened it to anyone for the time being. At most, he sold some second-hand shares to the S fund.
"Will it be in place next month? That's great. I can't wait to see our home rental company start operations and make acquisitions, and then step by step make it the largest home rental company in the United States."
Xia Jingxing smiled and said, "Let's work together, this dream will definitely come true.
By then, we will have tens of thousands of housing units, and we will be able to collect hundreds of millions of dollars in rent every year.
When ordinary housing becomes a success, you may also try to acquire villas for rent.
The price of the villa is larger, and the rent is also higher. The only disadvantage is that it consumes a little money.
At the same time, the villa can also greatly increase the revenue and net profit of the house rental company. When it is listed, it can impact the market value of tens of billions of dollars..."
Ivanka was deeply attracted by the pie painted by Xia Jingxing, and began to fantasize in her mind that she would become a CEO with a market value of tens of billions of dollars, and be richer and more accomplished than her father...
But soon the dream came into reality, and Xia Jingxing said: "Find a reliable decoration company that has cooperated with the Friedrich Group and start renovating the house. You are the eldest lady of the Friedrich family. Let the decoration company charge cheaper and cooperate well, and there will be bigger orders waiting for them in the future.”
Ivanka didn't mind that the house rental company was using their family's resources for free, so she happily agreed.
Just when Xia Jingxing was about to hang up the phone, Ivanka suddenly said: "Darren, what do you think of me becoming the CEO of a housing rental company?"
For fear that Xia Jingxing would not agree, Ivanka tried her best to promote herself: "I have been with my father since I was a child, and I know the real estate industry very well.
I will not screw up the rental company, but will take good care of it as my own business. "
Xia Jingxing hesitated for a moment. Although he and Ivanka had done countless transactions worth more than one billion, this one billion was a bit important. It was the first time that Vision Capital had tried real estate funds in the United States.
Simply speculating in real estate has no technical content.
House rental companies need to operate and manage tens of thousands of houses, which is not an easy task.
After thinking about it, he decided to play it safe and replied: "You will serve as coo first. If you can prove yourself, I will promote you to CEO and give you equity incentives."
Although she didn't achieve success in one step, Ivanka was very satisfied.
"Darren, you are so kind! I miss you a little. When will you come to New York?"
"After some time, I have to deal with work matters in Silicon Valley."
…
Just as Xia Jingxing hung up the phone, he heard a knock on the door.
"Please come in~"
After receiving the response, Ricky Milner, the head of the Silicon Valley office, opened the door and walked in, followed by the potbellied Andrew.
"Dylan, long time no see."
As soon as they met, Andrew rushed up and gave Xia Jingxing a warm hug.
Xia Jingxing felt as if he had been hit by a mountain of meat and almost lost his breath.
The three of them exchanged pleasantries and then sat and talked about work.
“The official version of Spotify was launched in Sweden last year and was very popular with local users.
Even the top executives of the four major music companies, EMI, Sony, Universal and Warner, were impressed by their products and agreed to authorize their music copyrights to be used by Soundpot. Of course, the scope of use is limited to outside the United States.
However, Sound Potion also paid a high price. In exchange, they gave the four major record companies 20% of their equity for almost nothing. "
Ricky changed the topic and said: "But looking at it from another perspective, they brought the four major record companies on board, which can be regarded as solving the long-standing copyright war between the Internet industry and record companies.
Didn’t Sean Parker’s record company sue Napster?
Shengpotian was born at the right time. Since the current record industry is in a recession, the four major record companies agreed to try to embrace the Internet.
It seems that our investment will no longer be in vain. Shengpotian may one day develop and grow. "
Xia Jingxing listened for a while and suddenly said, "Ask them if they want to sell the company?"
Ricky was stunned for a moment, shook his head and said: "Now that the copyright issue has been resolved, it's time to show off your skills. They won't sell it unless you give a sky-high price.
By the way, who acquired it? Us? "
Xia Jingxing smiled and said: "Why should we acquire a start-up company? We only buy mature companies.
It was Facebook that wanted to acquire it. Facebook took a fancy to Shengpotian's social sharing function. Music can also be used for social networking, and it can also supplement Facebook's existing business. "
Ricky said: "Okay, let me try to match it up? But don't have high hopes."
Xia Jingxing nodded lightly, "Tell them that after Sheng Potian joins Facebook, he can promote this software to the whole world."
After explaining a few words to Ricky, Xia Jingxing looked at Andrew again and asked, "How did you complete what I told you?"
"Are you talking about that website that sells coupons?"
"right."
Xia Jingxing had been paying attention to the news of his old club. The website was finally launched a few months ago, and he immediately sent Andrew to contact him.
"I feel that the website has no future. It only initiates one transaction every day, providing a coupon from a local merchant, usually as low as 20% or 30% of the original price of the product or service. When the number of people buying the coupon reaches the expected number, The transaction takes effect.
Although this concept of group discounts is quite novel, the scale is too small and it is difficult to continue the activity. "
Andrew shook his head and said, "And their founder is also named Andrew, which makes me feel a little bad."
Xia Jingxing smiled and said, "Can't others have the same name as you? Is this why you don't think highly of them?"
Andrew frowned and said: "It's not just for this reason. I feel that there is something wrong with their model and it has not been fully verified."
"When the model verification is successful, someone else may be the first to get in."
Xia Jingxing thought for a while and said, "In this case, you make an appointment with them and tell them that I want to meet them."
"You personally came out to meet with the founder of the company?"
This time, not only Andrew, but also Ricky on the side were surprised.
I don't know since when, Xia Jingxing rarely meets with the founders of companies. The investment managers, vice presidents, and directors below are responsible for related matters.
The boss can make an exception for it. It seems that this website called groupon is unusual.
:,!
You'll Also Like
-
I signed in at the Reincarnation Paradise
Chapter 248 3 hours ago -
A teacher with zero training in the Hanging Class
Chapter 615 3 hours ago -
I am the master of depressive comics
Chapter 240 3 hours ago -
My Doomsday Hotel
Chapter 164 3 hours ago -
Because I'm a coward, I maxed out my san value
Chapter 681 3 hours ago -
It is said that I convince people with reason
Chapter 361 3 hours ago -
Elf: My Healing Farm
Chapter 135 18 hours ago -
Zongman: Start with Sakurasou and pick up a female high school student
Chapter 352 18 hours ago -
Yue Buqun: I'm already cultivating immortality, why do I still want to be the leader?
Chapter 517 18 hours ago -
Football: Xiao Junguang template, Real Madrid begs me to let him go
Chapter 154 18 hours ago