My Age of Investment

Beacon has been in March for three months, and the stock price has risen by ten thousand gold!

Stimulated by the great news of the "US$45 million advertising contract", the stock price of Focus Media ushered in a sharp rise.

From the early forty dollars per share (ADS), it rose directly to more than sixty dollars.

At this time, Focus Media also announced that it would wholly acquire Kaiwei Diangao Network Technology Co., Ltd., a mobile phone targeted advertising service provider, with 15 million US dollars in cash and 15 million US dollars worth of stock.

Focus Media's entry into mobile advertising, this good news is like cooking oil on fire, adding new growth momentum to the already skyrocketing stock price, and the business imagination space has become larger.

Various investment banks on Wall Street have given "buy" ratings one after another, and set the target stock price at $90 and $100.

Behind this, it was not only Xia Jingxing who was doing his best.

Major shareholder Carlyle Investments, Goldman Sachs and Credit Suisse First Boston, which are responsible for the underwriting of the listing, and the self-operated business department bought Focus shares, are all carrying the sedan chair.

After the listing of Focus Media, it has been carrying out large-scale acquisitions, and its stock price has also continued to skyrocket. This is inseparable from the instigation and cooperation of Wall Street.

In the previous life, when Focus was delisted, the market value was only 2.7 billion US dollars, and the shareholders cashed out 1.7 billion US dollars.

The reason why the fly in muddy water chose to short it was also because it saw the cracks in the rotten egg, and it bit it right.

To this end, Focus also compensated the small shareholders in the United States who participated in the class action, and reached a settlement with the SEC.

Xia Jingxing didn't plan to continue playing capital games with them, and planned to accept it as soon as it was good.

As for the Wall Street shareholders of Focus Media who carry the sedan chair, let them continue to play music and dance.

Juzhong has been merged by Focus. Although there will be mergers and acquisitions of several small advertising companies in the future, they are all very tasteless. He is not optimistic about the future of Focus.

While the stock price of Focus has skyrocketed, the war between ten Internet companies and five groups of deadly rivals has also entered a fierce battle.

In the words of a netizen: "The elevator on the left I take to work in the morning, the advertisement is 58.com; the elevator on the right after get off work in the afternoon, the advertisement is Ganji.com..."

both camps,

Advertisements are everywhere, and they are close combat.

Money is constantly burning.

[Benefits for book friends] You can get cash or coins by reading books, and iPhone12 and Switch are waiting for you to draw! Follow the vx public account [Book Friends Base Camp] to get it!

The growth momentum of companies such as Youku and 58 Tongcheng has been greatly curbed, but the data growth is still good.

Enterprises such as Tudou and Ganji.com have stopped the decline and retained their positions as market leaders.

When gods fight, mortals have always suffered.

Take Youku and Tudou as an example. Websites such as 56.com, .com, PPS, etc. have been greatly affected, and the data has been lost.

The industry structure is slowly taking shape.

Krypton gold giants Tudou and Youku rank in the first echelon, while other companies can only rank in the second or third echelon.

No matter how good the website experience is, no matter how good the product is, it cannot stand up to other people's advertisements.

In this mood of envy, jealousy and hatred, entrepreneurs in five sub-sectors appealed on the Internet: Peace is the most important thing, and it is not advisable to blindly burn money. Sooner or later, they will encounter capital backlash...

The two camps that are so red-eyed will not stop because of these voices, and even tasted the sweetness, and began to try to place advertisements outdoors to expand the battlefield...

Not really confused either.

Instead, I saw: the boss and the second child were fighting, and Yu Bo had the opportunity to shock the third, fourth, and fifth children to death.

Therefore, the First Year League and the Fifteenth League have reached a tacit agreement on burning money. You burn a sum, and I burn a sum.

…………

…………

Time came to April.

Liu Xiaoduo, the administrative secretary, walked into Xia Jingxing's office, submitted the documents, and stood in front of the desk to report: "Mr. Xia, the stocks held by Focus Media have been reduced. There are a total of 2.9023 million shares. One share is not retained, and all positions are cleared." .”

Xia Jingxing took a look at Liu Xiaoduo, who was wearing a professional skirt and had long hair with a shawl, and she became more and more feminine.

He moved his eyes to the documents on the table, opened them and looked at them.

The average selling price was US$62.12/ADS, and US$180 million of funds were withdrawn in one fell swoop.

Among them, the profit part is as high as 146 million US dollars.

Compared with the average stock price in the early $40s last month, their average reduction price of $62 is a full $20 higher.

2.9 million shares, or $58 million!

He threw out 53 million US dollars in equity investment with his left hand, and earned it back through the increase in the stock price of Focus Media with his right hand.

What is capital operation, this is it!

Those guys from the First Day Alliance were so stupid, they thought they had bled Vision Capital so much.

Seeing Xiong Xiaoge, Zhang Fan and the others, he must say: good people are safe in life!

After closing the document, Xia Jingxing looked at Liu Xiaoduo and asked, "Dahua, why don't you follow President Li?"

Hearing the nickname "Big Flower", Liu Xiaoduo was quite aggrieved. It's obvious that he was called "Xiaoduo", but Dahua is so ugly.

However, the emperor's kindness is mighty, and the name bestowed by the emperor, no matter how much you don't like it, you have to thank it.

Liu Xiaoduo smiled, and said very obediently: "Mr. Li said you were too busy and didn't have a girl on hand, so he asked me to come back."

"Boss Li is training you, don't let her down."

Liu Xiaoduo nodded in agreement.

Xia Jingxing waved his hand, "Okay, you can get out and call Boss Fu."

Two minutes after Liu Xiaoduo went out, Fu Jixun opened the door and walked in.

"President Xia, are you calling me?"

Xia Jingxing called Fu Jixun to sit down on the sofa, and asked, "What's the current situation of their five companies?"

After spending more than 50 million U.S. dollars, Xia Jingxing didn't care about specific matters.

As the helm of the VC department, Fu Jixun has been paying attention to the specific development of the five companies.

Even in this wave of spring offensive, Fu Jixun joined in, offering advice to five companies and coordinating the cooperation between several companies.

Speaking of this, Fu Jixun's whole body was full of energy, and he gestured with joy, "Mr. Xia, burning money is really cool, it's like taking drugs, and I can't stop.

What used to be achieved in three months or even half a year can now be achieved in just one month.

Wang Wei is clamoring now that she wants to squeeze out Mengniu and become the exclusive sponsor of this year's "Super Girl". "

After hearing this, Xia Jingxing's face was quite heavy, he knew that he had opened Pandora's Box.

Burning money is fun for a while, the bubble bursts, and you enter the crematorium in an instant.

"Are they so bloated now?"

Fu Jixun glanced at Xia Jingxing with an inexplicable smile, didn't you just get used to it?

"You have to remind them to spend money sparingly. Now that the company is not profitable, who will give them the courage to spend money so confidently?"

Fu Jixun scratched his head, "I persuaded you, and they agreed in person, but they turned their backs and signed you a big advertising contract.

I asked them why? They said that the opponent voted, and they also voted, and they couldn't lose momentum. "

Xia Jingxing took a deep breath, was this a scam?

This is where it gets interesting!

Capital wants to kidnap entrepreneurs, and entrepreneurs counterfeit capital, and if they don't let me spend money, they will die for you.

Although it has not developed to such a serious level, it is already a bit of a bad sign.

Moreover, the capital has already spent so much money, the sunk cost is too high, it is difficult to stop!

Is this really a cocoon?

In the second-tier market, he made a killing everywhere, and his family had their own gold mines, but Xia Jingxing was not afraid of raising five prodigal sons.

Is my money so easy to get?

"Besides the business, do the five of them have any bad ideas or complaints about the equity issue?"

Xia Jingxing stared at Fu Jixun, he was actually very worried about this problem, afraid that these guys would lose their motivation to start a business.

He really doesn't want so many shares, all thanks to Sequoia and IDG.

If he didn't take the offer at that time, no one would take the offer.