My Age of Investment

"Sister Xu, you did a great job!"

Xia Jingxing held the phone with a smile, walked to the glass window, looked at the sunny Silicon Valley, and was in a good mood.

He has been talking with Xu Xin for so long, and now it's time to close the net.

"Mr. Xia, don't forget what you promised me, I'm more impatient!"

Xia Jingxing pursed her lips and smiled, and understood what Xu Xin meant. She could even sue her former partner, and naturally she could deal with Vision Capital by following the gourds.

Anyway, inside and out, just one meaning, she is not a soft persimmon, don't think of using her as a tool person and throw it away after use.

"Sister Xu, you are serious. Credit is the foundation of a businessman. Since I have decided to cooperate with you, I will definitely keep my promise. You can relax!"

Xia Jingxing's tone was very firm, in An Xuxin's heart.

Xu Xin made a haha ​​on the phone and quickly pulled the topic away.

"Hey, I don't know when the court will be held. If the court will be able to win the lawsuit, I will also talk about it."

"Don't worry, they will definitely give in." Xia Jingxing's tone was very determined.

"But what if they don't give in and fight to the end with us?"

Xia Jingxing was silent for a moment, then replied, "Then you should shake out all the scumbags in the alliance."

This time, it was Xu Xin's turn to be silent on the other end of the phone.

"Mr. Xia... This is not very good. At the beginning, Capital Today was also a part of the alliance. This kind of behavior of the villain behind the scenes will greatly damage the reputation."

Xu Xin felt that Xia Jingxing was using herself and asked her to lift the cover, while Vision Capital was sitting on the sidelines to reap the benefits.

Xia Jingxing knew what Xu Xin was worried about, and said with a smile, "It's all about this. What else is there to be afraid of? If they don't agree to your conditions, you will overturn the table."

Xu Xin was still hesitating, but Xia Jingxing said in a more serious tone, "As a partner, you must also show your value."

"Okay, I'll try another way."

Xu Xin paused, "If it still doesn't work, follow your method."

"it is good!"

Xia Jingxing hung up the phone, threw the mobile phone on the desk, lay on the chair, looked up at the ceiling and pondered.

Xu Xin and her group of venture capital institutions joined the alliance late, and they have always been peripheral forces, not being valued by Xiong Xiaoge, Zhang Fan and others.

This is one of the reasons for the conflict between the two parties, and the more important reason is the investment failure, which aggravates the conflict between the two parties.

He had promised Xu Xin that Hainei.com, Tudou.com, Ganji.com... A large number of companies could choose to vote for her.

These companies are basically in the first position in the subdivided industry, the future is bright, and if you invest, you will earn.

The reason why such good conditions are given is that the division of the first-year alliance is only one, and the second, or the most important, is the interests.

He and Xu Xin secretly made a plan, code-named "Stolen Heaven and Change the Day".

Xu Xin and the several venture capital institutions he befriended are under the guise of asking IDG and Sequoia to buy back their stakes in various Internet companies.

However, the landlord's family has no food surplus!

IDG and Sequoia were coerced by Envision Capital to engage in several arms races and invested a lot of money. Without raising new funds, they have been unable to repurchase equity.

To raise a new fund, you must first hand over the investment answer sheet.

Taking Sequoia as an example, the fund has only been raised for a year, and there is no result at all, so there is no way to raise a new fund.

The situation of IDG, Legend Capital, and Walden International is slightly better, but they do not dare to hold too much a sub-sector or a company.

Therefore, several institutions have been spending time with Xu Xin and wasting patience.

Xu Xin kept saying that he was going to sell his equity in the secondary market, but he didn't do much, so he pretended to scare people.

Perhaps it was because they saw through Xu Xin's disguise, and several institutions became more confident, and they would not buy back the equity in Xu Xin's hands if they were killed.

As a last resort, Xu Xin had to sue IDG, Sequoia and other institutions, requesting to fulfill the verbal agreement and buy back the equity.

But because there is no evidence such as documents and agreements, Xu Xin's lawsuit is still very hanging.

The odds of winning are low.

Xia Jingxing knew very well that the lawsuit was just a means, not an end. Xu Xin's real purpose was to make matters worse, to force peace through war, and finally achieve his own business goals.

There are even more powerful means yet to be used, such as auditing accounts, reporting taxes, suing startup companies, and freezing equity.

Chinese companies are afraid of auditing accounts and taxes, and the punishment is small, and smearing their reputation may ruin the future of a startup company.

If you really take that step, you will be completely immortal, so Xu Xin still has room for manoeuvre.

The key is how Zhang Fan and others make choices.

…………

…………

"This bastard!"

Zhang Fan slapped his palm on the antique table of the Eight Immortals, and said cursingly, "After doing this, it's alright now, the whole country and the whole industry are watching our jokes.

The US headquarters have called and questioned us, worried that the Sequoia brand will be damaged. "

Xiong Xiaoge was silent, and his face was equally ugly.

Zhu Linan glanced at Zhang Fan, feeling a little unhappy.

In his opinion, the reason for such a mess has a lot to do with Zhang Fan.

Because Zhang Fan once boasted about Haikou in front of Xu Xin and others: If the investment is unfavorable, we will give you the bottom line.

It was a joke at the wine table, but people took it seriously and came to sue them.

There are so many people who testify, I'm afraid it's hard to deny it. Even if the lawsuit is won, it will be shameful for it to break out.

Chen Liwu sighed, "The most important thing now is to solve the problem quickly, and don't give the media the opportunity to continue to exploit the problem.

Look at what those unscrupulous media reports are like, as if we owe money and become old rascals.

This will give entrepreneurs a very bad impression, thinking that we have no strength and good character. "

"Then fight them!"

Being slapped on the face by the woman Xu Xin several times, Xiong Xiaoge felt a little angry in her heart. He looked at a few people, "She just wants to deceive us, but I won't let her succeed."

Several people in attendance nodded, but Zhang Fan did not.

Zhang Fan, who has always been the loudest clamor, said calmly at this moment: "Speaking of which, as soon as this lawsuit starts, no matter what the result is, we will lose."

"Why do you say that?" Xiong Xiaoge was puzzled.

"Because Vision Capital is watching the show."

Zhang Fan gritted his teeth and said, "Xia Jingxing disintegrated and disintegrated our alliance step by step, and we are reduced to only worthy of playing against his chess pieces.

How does the outside world see us? How do our peers see us? "

Everyone frowned, thinking that what Zhang Fan said seemed to make sense.

Zhang Fan observed his words and continued: "Don't they just want to take away one or two companies? Okay, we'll give them to them."

Zhu Linan's voice was anxious, "What are you doing, this is helping the enemy!"

"No way!"

Zhang Fan shook his head, "The companies we have invested in are basically second or third in the industry.

Take Youku as an example, video websites have sprung up like mushrooms after a rain, and the industry structure has not yet been formed, Youku still has opportunities, so this company cannot give her..."

Zhang Fan analyzed several invested companies one by one, and finally said: "Information classified advertising is different, this model is difficult to make profit in the United States, and 58.com has always been under the pressure of Ganji. There is no hope of turning over.

If they have to give it, I think 58 Tongcheng should be given to them. "

Everyone was silent for a while.

Xu Xin gave them two options. If they don't buy back their shares, then they can exchange shares.

Several institutions, such as Capital Today, exchanged the equity of other companies and concentrated all the equity in one or two companies.

On the one hand, it is to make a comprehensive cut with the alliance, and on the other hand, it wants to completely control a company and have an important right to speak.

"I think Lao Zhang's plan is feasible!"

Zhang Fan glanced at Tong Shijie, who was supporting him, who nodded at him and continued: "Yiche.com can still compete with Autohome at present, video and music sites are both rising, Youku and Kuwo can be kept.

Well, more reviews..."

Xiong Xiaoge replied, "Then why don't you sell Duoduo Comments, they are the ones who are the most lagging behind."

Zhang Fan laughed, "A lot of comments can't be given to Xu Xin, it's useful."

"What's the use?" Xue Manzi asked.

The corner of Zhang Fan's mouth rose slightly, "I heard that Ali is negotiating acquisitions with Koubei. We will do good deeds and sell Duoduo Dianping to Ali."

"Miao, old Zhang, your trick is great!" Softbank Saifu's Yan Yan's eyes lit up involuntarily, and he gave Zhang Fan a thumbs up.

Tong Shijie's eyelids jumped, there was so much bad water in this sail's stomach!

He didn't know if the boss had anything nasty with Ah Li because of the "3A War". If more comments were involved, the relationship between the boss and Ah Li might be even more difficult.

"Okay, this is a good way!"

Xiong Xiaoge glanced at Zhang Fan with admiration. Although this little brother is a bit arrogant, he still has talent.

They evaluate too many reviews, and it is basically impossible to save them! If you sell it, you will get some money back, and maybe you will make a small profit.

Selling it to Ali would indirectly earn Xia Jingxing a fortune.

A few people, with just one word of mine, quickly made a plan for the next step.