My Age of Investment
Nine hundred and seventy-three, the richest man was robbed
"Old Zhao, how is it? What do you think of the market outlook?"
Zhao Jun replied: "Finance and real estate are definitely untouchable. If the subprime mortgage risk spreads to China, these two industries will bear the brunt.
Moreover, these two industries have risen too much in the past two years, and the retracement may be very large.
However, in the process of a bull market and a bear market, there is also gold in the market, which requires more detailed investigation reports and more rigorous analysis. "
Xia Jingxing nodded lightly. It will not be easy to make quick money from the A-shares. He must either make long-term value investments, or look for high-quality stocks in a bear market.
Considering the size of Earbuds Fund, even if you search for high-quality stocks, you can only use a small amount of funds, and the main funds can only be used for value investment.
This involves a problem. It will be difficult for the Mangzhong Fund to do much for a long time to come.
Xia Jingxing once made an agreement with Zhao Jun that when the time is right, the other party will choose to leave Envision Capital to start a business. Xia Jingxing also promised to invest 500 million in the other party.
Right now, the big bull market is over, and Jun Zhao's mission has almost been completed.
Xia Jingxing had a premonition that the other party would propose to resign.
Thinking of this, he tentatively asked: "Next, the company plans to promote you to executive director, and if you work harder, you will become managing director. The secondary market departments in China, including the Hong Kong stock market, can be managed by you."
Zhao Jun was stunned for a moment, and quickly realized, but he didn't know how to answer.
His idea of starting a business has always been firm, and he came to Vision Capital to work because Xia Jingxing gave him a big deal, a huge dividend, plus the 500 million investment when starting the business.
The success of Mangzhong Fund made his idea of starting a business stronger.
Of course, he also knows that such brilliant achievements are mainly due to the good working platform of Envision Capital.
Otherwise, the principal of 100 million can only become 1.45 billion by now, and there will never be the shock of tens of billions of profits.
Having said that, Xia Jingxing treated him very kindly, he made generous promises to invest, and paid generous dividends.
Take Mangzhong Fund as an example, the net profit is 13.5 billion. On the basis of the initial principal of 1 billion, after deducting the threshold income of 8% guaranteed for two years and the annual management fee of 2%, there is probably about 13 billion left.
The 13 billion will be distributed according to the ratio of 20 to 80. Vision Capital, as a GP, can get 2.6 billion.
As a fund manager, he can get 20% of the revenue generated for the company, which is 520 million.
With this money, he can directly start his own private equity fund.
Seeing Zhao Jun fell into silence for a while, Xia Jingxing immediately came to a conclusion and sighed slightly in his heart.
However, he quickly adjusted his mentality, and he respected other people's choices.
"Okay then, when do you plan to leave?"
"President Xia...I..."
Zhao Jun hesitated a bit.
Xia Jingxing patted him on the shoulder and said with a gentle smile, "It's okay, we have a gentleman's appointment! After the celebration banquet is over, the dividend of more than 500 million yuan will be credited to your account as soon as possible.
In addition, if you want to start a business, the previous promise is still valid, and I will invest 1 billion in you. "
Hearing Xia Jingxing's words, a warm current surged in Zhao Jun's heart, and he had the urge to die for his confidant, and he almost blurted out "I'm not leaving".
However, he quickly regained his composure and took a deep breath, "Mr. Xia, I am very grateful for your trust, but I will definitely try to start a business once in my life.
No matter what happens in the future, as long as I am useful, you can order me. "
Xia Jingxing smiled and nodded, finding outstanding entrepreneurs has always been the job of VCs.
However, looking for excellent external sub-fund managers for funds of funds and family offices is actually a kind of risky investment.
It was a hit, just like Zhang Sanshi and Yale University, the former has accumulatively created more than two billion US dollars in revenue for the latter.
As the property became larger and larger and he had a child, Xia Jingxing also began to consider the issue of wealth inheritance and value preservation.
After losing his keen investment sense, Vision Capital may also fall into the mundane world and become a mediocre investment institution in the future.
Therefore, try to cultivate several external fund managers. Once Vision Capital's minions get old, there are new and sharp minions that can be replaced at any time.
At present, his industries can be called the troika-industrial hard technology, Internet entertainment, and financial investment.
In the beginning, the Internet entertainment industry was transfusing blood into the financial investment industry, such as pledging and selling Facebook shares to provide Vision Capital with bullets to invest in Ali and short subprime mortgages;
At present, the development of Vision Capital is gradually becoming mature, and it will soon begin to provide ammunition for the development of industrial hard technology;
When the industrial hard technology develops, the share appreciation bonus can be supplied to Envision Capital to invest in more potential start-up companies.
This is just the most basic cooperation of the Troika.
For more advanced cooperation, Vision Capital is building an industrial chain and a pan-entertainment ecology for Fuxing Industrial Group and Overseas Holding Group through a series of investments.
At present, the three major industries are all on the rise, supporting each other and attacking in an all-round way. The demand for external fund managers is minimal.
However, once all three major industries experience sluggish growth, Vision Capital may transform into a family office like Gates’ Waterfall Investment. It will no longer raise funds from outside. Inheritance and other operations.
By this time, the benefits of having a group of powerful investment experts around you will be reflected.
…………
…………
"What? My master is leaving?"
In the restaurant on the 87th floor of the Jinmao Tower, Deng Fenghua's eyes widened.
"Can you keep your voice down?"
Xia Jingxing scolded with a smile, "At any rate, he is also a vice president, and he will be a director in the future. Can you be more mature?"
"No, I was mentally prepared for this matter, and I didn't expect it to come so soon."
Xia Jingxing glanced at Deng Fenghua, as if he had matured a lot. After fully participating in a series of investments made by the Earn Seed Fund, his whole person seemed to undergo a radical change.
He was always worried about this and that when he was put in charge of the Mangzhong Fund before, but now he keeps silent about it.
"He won't leave immediately. He will wait until next year to help you, a closed disciple, with your homework."
Deng Fenghua originally wanted to ask, "Why did I become a closed disciple", but then he thought about it, he might really be a closed disciple, because after Zhao Jun develops into a big boss, why would he bother so much to cultivate a young people.
Deng Fenghua picked up a piece of steak and muttered, "Then I will cherish this last chance and learn from him."
"You have to learn from him."
Xia Jingxing shook the red wine in his hand, and said, "Just like this wine, it tastes only after it's been awoken. You haven't been awoken yet."
"What's the meaning?"
"It means that you have only experienced a big bull market and fought against the wind. Then came the bear market and fought against the wind. You have only learned half of your skills."
Xia Jingxing stared at Deng Fenghua, and slowly said: "The bear market is the time to test the true level of a fund manager."
Deng Fenghua's expression gradually became solemn, he nodded heavily and said: "You are right, I still have to practice hard."
Xia Jingxing was about to speak when the phone on the table rang, and he swiped the screen to answer the call.
"Mr. Xia, I'm so happy!" Wu Yimin on the other end of the phone spoke exaggeratedly.
"Where does joy come from?"
"The number of simultaneous online DNF users has increased by five times, breaking through one million! Judging from this situation, during the National Day, there may be more than two million people."
Xia Jingxing suddenly remembered that 10,000 Fuxing mobile phones had officially exploded in the game, which directly became the catalyst for the popularity of the DNF game.
"Okay, I see, have you added the server? Don't make the players unhappy, use me to vent your anger."
Hearing Xia Jingxing's question, Wu Yimin suddenly felt a little guilty. According to the feedback from the offline channel department personnel, in the past two days, players were often pushed offline, blurting out a national curse, and then the entire Internet cafe was full of curses.
"Mr. Xia, we didn't expect the game to be so popular. We thought it would take a month to ferment, so..."
Xia Jingxing said angrily, "Then why are you still standing there? Hurry up and speed up the progress?"
"New servers are already being deployed! Oh, yes, Mr. Xia, there is one more thing. The offline channels have been fully opened, and the attitude of many Internet cafe owners has changed. They have begun to welcome our people to put up posters, and even Offer to help us protect the posters..."
After Xia Jingxing listened, the corners of his mouth rose slightly. The power of the Fuxing phone was really great, and it directly blasted a big hole in the iron wall of the Catch the Sea Alliance.
Wu Yimin said as if offering a treasure: "In addition, I have another good news to tell you, Mr. Xia, the promotion of the game is extremely smooth, and our additional 300 million budget should be cancelled, and even part of the original 500 million budget is still missing." run out."
"Okay, I get it, you can figure it out for yourself, anyway, the popularity of the game can't stop."
Not long after Xia Jingxing hung up the phone, Lin Bing called again.
"Mr. Xia, the supply of Fuxing FX1 has resumed, and Sanlitun has started queuing up to buy mobile phones again."
"Okay, I see, don't run out of stock this time."
"Absolutely not. Parts from many countries around the world have been shipped to BYD, and our engineers in the factory have also been sent to BYD, and the production plan is about to start..."
After listening to the report, Xia Jingxing hung up the phone, and Deng Fenghua, who was sitting opposite him, asked, "I'm quite busy!"
"No way, it's a trouble to have a big family and a big business."
Deng Fenghua turned his head away from Xia Jingxing's pretense.
The two continued to eat, and at the end of the meal, Xia Jingxing received another call.
"Dai Lun, this year's "Hurun Report" is about to be released, how much do you rank?"
Listening to Hu Run's Chinese with a weird accent, Xia Jingxing couldn't help laughing, "It doesn't matter how many people are ranked, I really want to know how you calculated my wealth this year?"
Hurun's tone was very helpless, "Daren, I contacted you this year specifically to ask you to provide your specific shareholdings in Facebook, Vision Capital, Fuxing Industrial Group and other companies, but you let me guess."
Speaking of this, Hu Run let out a long sigh, "I'm very sorry, but I failed to retain your title as the richest man. You have ushered in a strong competitor who is as young as you, but has slightly more wealth than you. "
"How much is a little bit?"
"Several tens of billions!"
Xia Jingxing laughed, Hu Run, a foreigner, has learned how to make jokes.
"Okay, Darren, let me tell you the truth. This year's richest man is named Yang Huihui. She is the daughter of the owner of Green Longan. She is worth 130 billion. You are ranked second with 100 billion."
Xia Jingxing pretended to be surprised and said, "What? I have so much money? I was only 34.5 billion last year, and this year it has tripled! Dude, you have to make up for the missing part."
After talking about Hurun, Xia Jingxing hung up the phone and let out a long sigh.
Deng Fenghua asked with concern: "What's wrong?"
"Oh, the richest man has been robbed."
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