Rebirth of the Thousand-Faced Movie King
Chapter 353:
"This Chen Yu is Mr. Lu's classmate."
Li Hui introduced from the side.
"Are you from Peking University too?"
"No, he is studying in the Economics Department of Shencheng University."
"Shencheng University is pretty good."
Shencheng itself is an extremely charming city.
Although Shencheng University is not an overly impressive school, there are quite a few rich people coming out of this school.
"The waves behind the Yangtze River push the waves ahead, and the new generation beats the old..."
Xiong Xiaoge said with emotion.
He didn't think much about Chen Yu.
Of course, he asked Chen Yu just casually to ease the atmosphere of the confrontation with Lu Xue just now.
However, although Xiong Xiaoge was experienced and experienced, the conversation that day did not yield an investment plan that Xiong Xiaoge was satisfied with.
Although Xiong Xiaoge is indeed very optimistic about Vipshop, he also wants to invest.
But as a venture capitalist, he also has to consider his own interests.
10% of the shares sold is too small.
At the same time, although the valuation of 100 million yuan is not much, it is indeed on the high side at present.
However, venture capital cannot be done in a day or two.
It feels good to come to the site for inspection today.
As for how to invest in the future, we have to wait and see.
"Mr. Lu, Mr. Li, I have benefited greatly from being here with you today. It is getting late, and we are going to go back first. As for the next step, we will keep in touch."
Knowing that he couldn't talk today, Xiong Xiaoge was not in a hurry, but planned to go back first.
Although Lu Xue and Li Hui also wanted IDG to make a direct decision, they also knew that this kind of thing could not be rushed.
The more urgent you are, the more shares you will sell in the future.
The more urgent you are, the less financing you will receive.
In fact.
In fact, before the investment, the two parties were also in a competition.
"Okay, Mr. Xiong, let's keep in touch."
Lu Xueluo was generous and shook hands with Xiong Xiaoge.
Immediately, the IDG representatives returned to the headquarters.
"Xiao Li, pay close attention to the movements of Vipshop and other venture capital companies these days."
"Mr. Xiong, are you worried that other venture capital investors will approach Vipshop?"
"It's possible."
"We made inquiries and found that no one other than us is currently interested in Vipshop."
"No one can be sure about this. Their model is very novel. The key thing is that I feel more and more that there must be an expert behind him to guide him."
Xiong Xiaoge had already felt this way before.
Being able to come up with this brand new model and completely avoid competition with giants is something that ordinary business founders cannot imagine. Even though Lu Xue and Li Hui are talented people from Peking University, they are still young after all.
Of course, that's all.
But after the actual on-site inspection of Vipshop, this further proved Xiong Xiaoge’s guess.
If not.
With his experience in venture capital, he can make the opponent take several steps back on the spot.
But the reality is.
No matter how sophisticated Xiong Xiaoge was, Lu Xue and Li Hui always remained firm and firm in their plans.
This is not something that newcomers to the business world can do.
"Expert?"
Assistant Xiao Liu was puzzled: "Mr. Xiong, who is the master you are talking about?"
"This is still unclear. Although the person named Lu Xue is very capable, she performed too well. With her current age and experience, it is impossible for her to do this."
"Will there be support from the Peking University academic community behind it?"
"I don't know about this. By the way, check the identities of Lu Xue, Li Hui, and the three people named Chen Yu."
"yes."
Investing in companies means investing in people.
IDG has been able to invest in so many outstanding companies in China precisely because of these.
Good projects must have good leaders.
If the entire founding team has average abilities, they will not invest in no matter how good the project is.
Because, in Xiong Xiaoge's eyes, he believed that such a team would inevitably be destroyed by other teams.
The next day.
The assistant reported the information of the three shareholders to Xiong Xiaoge with some excitement.
"Xiao Liu, why are you so excited? Have you checked the information of the three shareholders?"
"Checked."
"Did you find anything?"
"The two shareholders, Lu Xue and Li Hui, are just like their official introductions. They are top students in the Department of Business Administration of Peking University. However, I don't know if there is something wrong with this one named Chen Yu."
"what is the problem?"
"According to the information they gave, this shareholder named Chen Yu seems to be the chairman of Huanyu Technology."
"What?"
Xiong Xiaoge was so frightened that he shivered.
Even when he first saw the name Chen Yu, Xiong Xiaoge thought of Chen Yu, chairman of Huanyu Technology.
This is a god-like genius in the Internet world.
As a big shot in the venture capital industry, Xiong Xiaoge naturally knows.
Not only know.
At that time, IDG had no idea how much they wanted to invest in Huanyu Technology.
But I was contacted again and again, and was rejected again and again.
It’s not that Huanyu Technology looks down on IDG, but Huanyu Technology is not short of money at all.
And now.
Huanyu Technology has many projects that are short of money, but now IDG has some projects that it cannot afford to invest in.
For example, in their lithography machine project, Huanyu Technology asked them whether IDG would invest in it?
Xiong Xiaoge asked how much the lithography machine would cost.
Huanyu Technology said that it is not much, about 20 to 30 billion US dollars.
And then...then there was nothing more.
They are venture capital firms.
What I like are those companies that are growing.
They don't have the strength to touch this kind of heavyweight business worth tens of billions of dollars.
Of course, that doesn't mean he doesn't have the strength.
The problem is that if they really invest in it, if it fails, their IDG will be completely destroyed.
"Chairman of Huanyu Technology, are you right?"
"I confirmed it a dozen times and it seems to be true."
"No, please confirm again."
This news was so exciting that Xiong Xiaoge couldn't believe it.
How could a big boss like Chen Yu, chairman of Huanyu Technology, invest in a small business?
And they have their own e-commerce platform, do they want to support another one?
Again.
Is this business too small for Chen Yu to be interested in?
besides.
If it is really Chen Yu, they all have money themselves, so why do they need other venture capital.
With a series of questions, Xiong Xiaoge confirmed again.
That's right.
It’s Chen Yu.
Judging from the information provided by Vipshop, this Chen Yu is the founder of Huanyu Technology.
"Mr. Xiong, it seems that he really is Chen Yu from Huanyu Technology."
The assistant was a little nervous.
"I'll make another call and check."
This thing is really exciting.
Xiong Xiaoge was a little nervous.
He felt that something didn't make sense here, but he also felt that this was an extremely important opportunity for their IDG.
"Mr. Li, I am Xiong Xiaoge from IDG."
"Mr. Xiong, hello."
"I have something I want to confirm with you."
"You say."
"Your shareholder named Chen Yu, what is his identity?"
"Mr. Xiong, as I said before, he is our high school classmate of Mr. Lu."
"What about my high school classmates?"
"this……"
Li Hui had some hesitation.
"Mr. Li, isn't it convenient for you to tell me?"
"Not really, but I don't know why Mr. Xiong keeps bothering Chen Yu."
"Mr. Li, you misunderstood. I am not obsessed with Chen Yu. You should know that what our venture capital values most is the founding team, so we all want to know as much as possible about the founding shareholders. For example, his career, his His identity, his relationship with you, etc..."
"Well, there's actually nothing that can't be said. He is Mr. Lu's boyfriend."
"Well……"
Xiong Xiaoge was stunned.
This is not what he wants.
"Mr. Xiong, can't couples start a business together?"
Li Hui felt a little strange.
"That's not the case, that's not the case."
Xiong Xiaoge kept shaking his head.
Many of the companies are between lovers or husbands and wives.
But the answer Xiong Xiaoge wanted was not this. What he wanted to know most was whether Chen Yu was the same Chen Yu.
"Then do you know Chen Yu's other identities?"
"He is still a student at Shencheng University."
"How old are you in school?"
"She should be in her junior year, yes, junior year, senior year next year, and then she can graduate. We are one year behind him. In addition, his family is quite rich, and he is a rich second generation?"
"Rich second generation?"
"Yes, his family is the one who cooks hot pot Xi Tzu. He is nothing but a rich second generation."
"Hot pot Xishi, Mr. Li, why didn't you tell me earlier?"
Xiong Xiaoge still needs to continue to investigate some other things, but when it comes to hot pot Xishi, what else should be investigated?
Chen Yu, chairman of Huanyu Technology, seems to have nothing to do with hotpot Xishi.
But in their venture capital world, who doesn’t know that Hot Pot Xishi is a small business that Chen Yu started for his father when he had nothing to do?
Of course, even this small business has now grown to a scale of tens of billions.
"Mr. Xiong, does the status of the rich second generation have an impact on the company?"
Li Hui frowned.
Although Chen Yu is a second-generation rich man, he is a very capable second-generation rich man.
Just like their current Vipshop, most of it was actually created by Chen Yu.
Even though he didn't seem to be doing anything.
"No, no."
Xiong Xiaoge shook his head. However, he felt something strange.
Maybe they don't know Chen Yu's true identity yet.
It seems possible.
Then he said weakly: "Mr. Li, do you know that Mr. Chen has other businesses?"
"Well, I don't know. Mr. Xiong, does Chen Yu have other businesses?"
"I don't know either, I'm just asking."
Since Li Hui didn't know, Xiong Xiaoge didn't explain.
Everyone in the industry knows that Chen Yu, the founder of Huanyu Technology, has always kept a low profile, and there is not even a single photo online.
If Chen Yu hadn't told him, who would have known that he was the founder of Huanyu Technology.
But isn't this more exciting?
I didn’t expect Chen Yu from Huanyu Technology to play so well.
"Mr. Li, that's it. After our IDG decision, we agree to invest in your company."
Taking three deep breaths, Xiong Xiaoge knew that the opportunity had come.
If Chen Yu doesn't invest in the company, he will have to find a piece of tofu to kill him.
However, although you have to vote, it is not a simple vote.
After thinking about it, Xiong Xiaoge said again: "However, we feel that your valuation of Vipshop is a bit low."
"Undervalued?"
Li Hui was stunned?
"Yes, the valuation of 100 million is too low. Mr. Li, maybe you don't know much about the Internet. For such a novel model, as Mr. Lu said, this idea alone is worth 100 million .”
"Um...wait a minute, Mr. Xiong, don't you venture capitalists like to bargain?"
Li Hui was unable to turn around.
A few days ago, IDG also said that their Vipshop valuation was too high and they were always bargaining there.
How come a few days have passed and they are still saying that their valuation is too low.
Could it be that they want to get more money?
Are there such stupid VCs?
"Mr. Li, don't get me wrong. We venture capitalists like to bargain. We, IDG, have a huge reputation around the world. We, IDG, never like to cheat people. We will invest as much as you are worth."
"Mr. Xiong, don't you want more shares?"
"No, no, no, Mr. Li, don't get me wrong, 10% of the shares is enough."
"..."
"Mr. Li, after our comprehensive evaluation, we think your Vipshop's valuation is 1 billion. What do you think?"
Xiong Xiaoge said seriously.
"Mr. Xiong, is it too high to value Vipshop at 1 billion?"
“It’s a little high, but for us, it’s all worth it.”
"If we follow their plan, we can buy 10% of their shares at a low price."
"With Chen Yu here, do you think you can afford it?"
Xiong Xiaoge smiled slightly.
Even though Chen Yu, the three shareholders here, has never come forward, the one who really speaks is definitely Chen Yu.
Of course, with Chen Yu's worth, he still needs financing?
Although Huanyu Technology does need money in many places, it only takes a matter of minutes to launch a second-tier e-commerce.
As for what Chen Yu is doing?
Might be interested.
Or maybe it was for his two friends.
Although Chen Yu does not want to publicize to the outside world that he also has shares in Vipshop, Vipshop is not something that just anyone can take advantage of.
After understanding this, Xiong Xiaoge knew what this investment meant.
After thinking about it, Xiong Xiaoge made a call. He wanted to chat with Chen Yu from Huanyu Technology.
"Mr. Chen, the president of IDG China wants to have a call with you?"
"IDG?"
Chen Yu was a little confused, but still said: "Zhuzi, give me the phone."
"Mr. Xiong, if you have my personal phone number, how can you call my office?"
Chen Yu smiled and said to Xiong Xiaoge.
In the early years, Chen Yu had dealt with Xiong Xiaoge.
At that time, Xiong Xiaoge wanted to invest in Huanyu Technology. However, Chen Yu did not want to raise funds in order to maintain his shares.
"Mr. Chen, I'm afraid of disturbing you."
"Mr. Xiong, you're too polite. What can I do?"
"That's right."
After sorting out his words, Xiong Xiaoge said: "Mr. Chen, you should know about a website called Vipshop."
"I know, what's wrong?"
"Recently we came into contact with an e-commerce website called Vipshop. We feel that their model is very novel and different from the traditional e-commerce model. After our unanimous decision, we assessed Vipshop's valuation at 10 About 100 million yuan.”
"Mr. Xiong, as far as I know, the external valuation of this company is 100 million yuan."
"I have learned about this, but we believe that Vipshop's current valuation is definitely worth 1 billion. In fact, its valuation will exceed 10 billion in the future."
"Mr. Xiong has really great vision."
"Compared with Mr. Chen, it is far behind. I hope Mr. Chen will give me more guidance in the future."
"It's easy to talk, Mr. Xiong, let's have tea together when you have time."
"I'm free, I'm free..."
On the other side of the phone, Xiong Xiaoge endured his excitement and hung up the phone.
Although Chen Yu said nothing during the phone call just now, Xiong Xiaoge knew about this call and Chen Yu accepted Xiong Xiaoge's favor. Although this favor is nothing, it can be affirmed by Chen Yu. In the future, their IDG investment in China will definitely open a new era.
Immediately, Xiong Xiaoge reported today's incident to the IDG headquarters.
After hearing this, IDG headquarters also specially praised Xiong Xiaoge.
Moreover, the headquarters also stated that the headquarters will award Xiong Xiaoge the honorary title of Best Regional General Manager at this year's annual meeting.
This award is not just for China.
Huanyu Technology not only has a great influence in China, but also has a certain influence in the global market.
In particular, Huanyu Technology has begun to expand its global footprint.
His friend network, Huanyu Video, and the recently popular Lizi 4th Generation...
All this shows that the new giant has gradually taken shape.
It depends on the future, whether they can embrace the thick thigh of Huanyu Technology.
…
"Valuation of 1 billion?"
"Is IDG out of his mind?"
Even though IDG has made it clear that it will sign a contract with Vipshop in the near future, Li Hui is still a little confused at the moment.
However, although she was extremely surprised, Li Hui was not an idiot.
To be admitted to Peking University, the IQ of a business administration major should never be too high.
He suspected that this might have something to do with Chen Yu.
Obviously, IDG pays more attention to Chen Yu's identity.
However, this is not right either.
Although Chen Yu is a second-generation rich man, aren’t ordinary venture capital companies that are more cautious when starting a business in the second generation of rich people?
Could it be that Hotpot Xishi is so great that some venture capital investors value it so much?
With suspicion, Li Hui began to search for Chen Yu's identity.
This is not needed.
For many start-up companies, everyone is their own people, know the basics, and will not check at all.
Just like Lu Xue was Li Hui's classmate, Li Hui would not check Li Hui's background at all.
In the same way, Chen Yu is the same.
This also caused Li Hui to not know Chen Yu particularly well.
But now, she felt like she couldn't see through Chen Yu.
You could say that Chen Yu is a second-generation rich man. He has better character than any second-generation rich man.
Not only does he have good character, but his ability is not too strong at all.
Li Hui was a little proud in front of Chen Yu before.
After all, Li Hui is from Peking University and Chen Yu is from Shenzhen University.
Even though Li Hui did not look down on other universities, she still felt that Peking University was awesome.
"Oh My God……"
You won’t know if you don’t check, just check.
Li Hui was shocked when she saw the hundreds of companies controlled by Chen Yu's identity.
but.
It’s not just the hundreds of companies it controls that are shocked.
If these companies are not very good, ordinary people can also control hundreds of companies.
For example, registering a parent company and then registering hundreds of subsidiaries is equivalent to controlling hundreds of companies.
But any one of the series of companies controlled by Chen Yu is a terrifying existence.
Huanyu Instant Messaging Technology Co., Ltd.
Huanyu Portal Internet Technology Co., Ltd.
Huanyu Electronic Technology Co., Ltd.
HUANYU APPLIANCES LIMITED.
HUANYU MOBILE LIMITED.
Lizi Technology Co., Ltd.......
On top of this, there is also a parent company, Huanyu Technology Co., Ltd.
The chairman is none other than Chen Yu.
This is not looking at the information of Chen Yu, chairman of Huanyu Technology.
This is not a matter of having the same name as Chen Yu.
This is the information Li Hui found through Chen Yu's ID card information.
That is to say.
Chen Yu, Lu Xue's boyfriend, is what Li Hui has always called the second generation of rich people.
His true identity is actually the founder of Huanyu Technology.
"Lu, Lu Xue..."
"Sister Hui, what's wrong?"
"I want to ask you something?"
"What's up?"
"Who is Chen Yu?"
"Sister Hui, why do you think of asking this?"
"Is he the founder of Huanyu Technology?"
"Sister Hui, do you know?"
Seeing that Li Hui knew Chen Yu's identity, Lu Xue was only slightly surprised and then calmed down.
Li Hui will know about Chen Yu's identity this morning.
After all, Chen Yu is one of the three largest shareholders of Vipshop.
"I, I, I..."
Li Hui was a bit spartan: "Lu Xue, didn't you say that Chen Yu is the second generation of rich people?"
"You said it, I didn't."
"Uh... then you said his family opened a hot pot restaurant."
"His family does open a hot pot restaurant."
“Hot pot Xishi?”
"Yes."
"Then why didn't you tell me that he is the founder of Huanyu Technology."
"Sister Hui, you didn't even ask me."
"I……"
"Besides, even if I say it, you might not believe it."
"Is it my fault?"
At this moment, Li Hui almost collapsed.
However, Li Hui, who is a top student at Peking University, is not so fragile in her heart.
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