My Age of Investment

Standing on the 36th floor full of various decoration materials, Chen Hong said with a smile: "Ask me to meet, just treat guests like this, and treat me to ashes?"

Xia Jingxing smiled "haha", "I'll bring you here to identify the door. If there is any good business in the future, let your colleagues in the Beijing office lead you here."

Liu Hai, who was standing behind Xia Jingxing, smiled and said nothing. Xia Jingxing had introduced him to Chen Hong just now.

Before Xia Jingxing, this was the mainland student with the highest commercial achievements in the United States, and now he is returning to China to work in an investment bank.

Also a big guy!

Chen Hong stopped and walked, looked at the office that was being renovated, and said with a smile: "The area here is not small, it seems that you want to make a big deal."

"Hey, how many foreigners are there?"

Chen Hong asked in surprise when he saw two blond foreigners among the decoration workers, pointing at them.

Vision Capital America sent a total of four employees to China, two white and two Chinese.

It's not that they don't want to send all Chinese, but the company's administrative department has only two Chinese in total.

Xia Jingxing explained with a smile, "It's impossible for me to supervise the construction here, sent from the United States? Hire a receptionist, and let me play in person?"

Chen Hong laughed and said, "That's right, your status is not suitable."

"I don't have an identity, it's mainly because there are too many things to deal with at hand, and I don't have time to deal with these trivial matters."

Chen Hong watched his words and expressions, and asked tentatively, "Come to live?"

"Yes, great job!"

Chen Hong became interested, "Let's go, let's go to the Starbucks downstairs and have a chat."

So, Chen Hong dragged Xia Jingxing downstairs, and Liu Hai followed behind.

Because it was afternoon, there were quite a few people drinking Starbucks downstairs, and they were all brightly dressed white-collar workers.

Xia Jingxing felt that the environment was a bit noisy, so he suggested another place.

But Chen Hong was very down-to-earth, or could not wait to understand the inside story, so he dragged Xia Jingxing and the two to a corner to sit down, ordered three drinks, and chatted.

When Xia Jingxing mentioned about Qihu,

Chen Hong immediately began to complain crazily.

"Oh, Zhou Hongyi, I know, that's a hairy one who's smarter than a monkey."

"Hey, didn't he go to IDG? Why is he still thinking about starting a business?"

"Let me tell you, be careful when talking to him."

Xia Jingxing smiled. Whenever he talked about Zhou Hongyi with people in his circle, people would say that he likes to set off firecrackers, or that he is shrewd.

In the Chinese Internet circle, it is estimated that only Jack Ma can stabilize him.

After hearing Xia Jingxing say that the negotiations with Qihu had reached an impasse, Chen Hong waved his hands, "Don't pay attention to him, that guy, give him some color to open a dyeing workshop, let him hang out first."

Xia Jingxing frowned, "The key is that Qihoo officially launched the product a few days ago, and relying on their past connections, many small forums and communities rushed to sign contracts.

I'm afraid that if I drag it on, the price will not be the same. "

Chen Hong picked up the coffee on the table and took a sip, cursing, "It tastes so bad, and it's so expensive."

"Speak up, big brother!"

Xia Jingxing was a little funny. Although this old man is a billionaire, he is also a real person. After knowing each other for a long time, he got used to his demeanor.

Putting down the cup, Chen Hong said seriously: "First of all, you can't contact them on your own initiative. If you contact them now, you will definitely be slaughtered."

"I'm just worried about this, so I'm not looking for Brother Chen?"

Chen Hong smiled "hehe", "If you are looking for me, then you have found the right person. Wait, I will ask you first."

Then, Chen Hong took out his mobile phone and started to contact his friends in the circle.

"Hey, Gongquan, didn't you switch from IDG to CDH? Let me ask, did Zhou Hongyi contact you CDH?"

"Oh oh, ok, got it! Not pimping! I'll just ask..."

After hanging up the phone, Chen Hong let out a long breath, and looked at Xia Jingxing with a half-smile.

"What's wrong?"

Xia Jingxing was a little embarrassed by the other party's expression, so he asked a question.

"Hey, guess what, guess what this guy did?"

Xia Jingxing shook his head, "How would I know?"

Chen Hong shook his head while laughing, "Zhou Hongyi has already spread the news to the circle, saying that Envision Capital has taken a fancy to Qihoo.

You are the founder of Facebook, a representative of WEB2.0, and a representative of Chinese in Silicon Valley.

Even you are optimistic about their "WEB2.0+ search engine" business plan. "

Chen Hong gave Xia Jingxing a sideways look, and grinned, "You can guess for yourself later on!"

Xia Jingxing rolled his eyeballs and asked, "Self-promising?"

"Then why not?"

Chen Hong said with a smile: "Wang Gongquan said that a few days ago, on behalf of CDH, he had a discussion with Zhou Hongyi and the others, and it was 20 million US dollars, even a penny less.

He wanted to develop a relationship with Zhou Hongyi, but Zhou Hongyi didn't like that at all.

At present, they are still undecided and want to wait and see for a while. "

"It costs 20 million U.S. dollars to open their mouths, and 3721 only sold for 120 million U.S. dollars.

That is to say, Yahoo people have a lot of money and money, so they came to pick up the offer.

If it is a merger and acquisition by a large domestic Internet company, I estimate that half of the price will not be sold. "

Xia Jingxing didn't like Zhou Hongyi's behavior of making trouble behind the scenes, but from the other party's point of view, this was also a very normal thing.

When Facebook first raised funds, he concocted Sequoia Capital and DFJ in this way.

Now the cycle of heaven and earth is his turn.

But he wasn't particularly angry, business is not smooth sailing, there are some twists and turns, that's true and wonderful.

Chen Hong thought for a while, then smiled and said, "Wait a minute, I'll contact a few more people to see."

Then, Chen Hong made another phone call to the partners of a dozen mainstream investment institutions, including Deng Feng of Northern Lights, Shen Beipeng of Sequoia Capital, Zhou Quan of IDG, and Zhang Ying of Jingwei Zhang. .

Seeing that Chen Hong was so concerned about his affairs, Xia Jingxing secretly sighed, this favor is not easy to repay.

After making so many phone calls, Chen Hong's mouth was dry for a while, and he quickly grabbed the unpalatable coffee on the table and took a big sip, and then said slowly: "It's hopeless, this guy is afraid that every mainstream institution in the country will be killed." Let out the wind.

Currently, Sequoia, Jingwei, and IDG have expressed interest.

Especially for Sequoia, you should pay attention, Shen Beipeng and Zhang Fan have just completed the fundraising of Sequoia China’s first phase, more than 200 million US dollars, and have not invested in a single project.

People with rich entrepreneurial experience like Zhou Hongyi and Qi Xiangdong are their favorites.

There is also IDG, they entered China in 1992, and they are flourishing in China. Isn’t Zhou Hongyi still dawdling in IDG now? "

Speaking of this, Chen Hong shrugged with a smile, "I take back what I just said, I'm afraid you have to plan early, or you might be intercepted."

Xia Jingxing nodded, this is the difference between being famous in the industry and not being famous.

Zhou Hongyi has connections and fame, so he doesn't lack capital to support him.

Ordinary entrepreneurs may not even have access to venture capital.

"Okay, Brother Chen Hong, thank you, I invite you to have a massage tonight!"

After making so many phone calls, Chen Hong was originally a little listless, but he became lively in an instant, and said with a smile: "If you want to talk about this, then I won't be sleepy."

"Haha, okay, make arrangements."

Xia Jingxing had a smile on his face, but he was thinking in his heart how to deal with Zhou Hongyi.

"Jing Xing, there is something I need to tell you, or a few suggestions."

Chen Hong had a serious face, "Don't think that my brother's words are harsh, but I am a person who speaks out, and I will never engage in perfunctory tactics."

Seeing Chen Hong's seriousness, Xia Jingxing didn't know what the other party wanted to say, so he could only respond with a smile: "What's the matter with our relationship, you just talk about it."

"First of all, your information is too poor. Zhou Hongyi put such a big smoke bomb, and you didn't know about it?"

Chen Hong went on to say: "I know, I can't blame you for this, you just returned to China, and even the office is still being renovated, and the staff is even gone.

However, when doing venture capital, you can't do it behind closed doors, and you need to act more with your peers.

Secondly, you can't carry it.

I know that you are worth a lot of money. I had dinner with Hu Zuliu a few days ago, and I heard from him that you seem to have borrowed 1.5 billion US dollars from Morgan Stanley.

With so much money, it is enough to buy 5% of the shares of all the top ten Internet companies in China.

But can we do that rough job?

Doing venture capital is an art, paying attention to buying low and selling high, and the whole process will inevitably involve negotiations, post-investment services, and so on.

This is delicate work and requires patience. In addition, venture capitalists and entrepreneurs are equal and respect each other. They can feel your attitude towards them. "

Xia Jingxing smiled, "Brother Chen Hong, the first point you mentioned is that the information is not smooth, I have to admit that, and I am also stepping up the construction.

I will not admit to the second point. I have never put on a show, and I also put entrepreneurs on an equal footing. "

Chen Hong nodded with a smile, "Correct if there is something, and encourage if there is nothing else, I just remind you a few words because you are new to the industry and you are worth so much.

This industry is also full of swords and swords, and wind reviews are also a knife that kills without blood, so you should be more careful.

You are so rich, it's easy to block people's way of making money! "

Xia Jingxing naturally thanked him for his kindness.

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