Rebirth Starts From 2006

In the Rainbow Iron Triangle, Chen Yang is responsible for strategic planning, Qin Yu is responsible for tactical execution, and Huang Shan is responsible for operational management.

Before any one of the three of them withdraws, it is no longer the turn of others to intervene, and there is no need for others to intervene.

Therefore, it is impossible for this decision-making level to admit anyone else.

However, just because there is no opportunity to enter the decision-making level does not mean that others do not have the opportunity to serve as senior executives in Rainbow Group.

The group of old officials who followed Chen Yang, starting from Zhang Chunli, Li Rong, Xue Ying, Dai Shouliang, and later Wang Tao and Zhou Daoen,

These people, whether it is for profit or honor, must give them a status.

It would be fine if there was no Rainbow Group.

But with Rainbow Group, there is a higher management organization above them, and Chen Yang wants to arrange a management position for them in this organization.

Managing subordinate companies in the name of Rainbow Group's vice president not only saves face, but also does not damage Rainbow's internal management mechanism. It is the most appropriate and best-of-both-worlds approach.

As for President Wu's thoughts, Chen Yang could guess a little bit.

only,

Chen Yang picked up the tea cup and took a sip of tea, let out a breath, and looked out the window.

What I can give to President Wu must be worthy of his efforts. The key is whether it can satisfy President Wu's ambition. That is not within the scope of my consideration.

Anyway, after three or five years, even if Mr. Wu still remains in Zhanrui, it will be more of a totem symbol.

Does it matter whether you stay or not? !

…

The car drove slowly into the garden, the door slid open, and Huang Shan got out of the car first.

Chen Yang put down the teacup, stooped down and walked down. He looked around first and then saw clearly what kind of environment the house where he spent the night was like.

The garden is not too small. There is a sycamore forest to the west. Behind the garden is a two-story French-style villa. Although it is not as majestic and majestic as the one in Beverly Hills, it has a unique sense of exquisiteness and elegance.

As for outside the courtyard wall, there are high-rise buildings in Shanghai, which look like distant mountains.

Huang Shan walked up to him and said softly, "I just received a message from Old Liu. He is in Shanghai now. I hope to have an interview with you. How should I reply to him?"

Chen Yang turned around, his face full of astonishment, "Lao Liu from Jingdong?"

Seeing Huang Shan nod, he couldn't help but ask, "Is he also in Shang Hai? What does he want from me?"

Huang Shan tilted her head and said with a smile, "What else can I do? Financing."

Hearing this, Chen Yang's last bit of drunkenness disappeared, and then he waved his hand, "Let's go into the room and talk."

Sitting in front of the spacious floor-to-ceiling window, Huang Shan personally brought over two cups of coffee. She first put one cup in front of him, then sat opposite him and said with a faint smile,

"Before the financial crisis broke out last year, Lao Liu was still quite prosperous.

First, we invested in Series A for him, and then we attracted Jingdong to join the supercomputing project. On the one hand, we helped them take off, and on the other hand, we also raised their value.

I remember that after the Xijiang Supercomputing Center project was established, many venture capital institutions approached Lao Liu, hoping to invest in Jingdong.

At that time, Lao Liu was really high-spirited. He disliked this and disliked that. Finally, after many choices, he chose an American investment institution."

Chen Yang took a sip of coffee and looked at Huang Shan in surprise.

Huang Shan noticed his look and raised the corners of her eyes slightly, "You don't believe it?"

Chen Yang chuckled, "No."

I said no, but I was really surprised.

In his impression, Jingdong Lao Liu’s financing journey this year was not smooth.

It seems that from the end of 2007 to the beginning of 2008, Lao Liu met with forty or fifty VCs in a row, and the answers he got were all NO.

Later, under the recommendation of Capital Today, I met an American venture capital company. Could it be this one?

But this time, Lao Liu is very good. During the financial crisis, he can still be picky, which is not bad.

But before he could swallow his coffee, he heard Huang Shan say,

"Originally, he negotiated with the American company for a valuation of US$1.5 billion and a financing of US$250 million. He also talked to me at that time and I agreed. But soon something happened. .”

Chen Yang rolled his throat twice, swallowed the coffee, looked at Huang Shan and smiled, "Did the other party regret it?"

"yes,"

Huang Shan shrugged and curled her lips and said, "First it dropped from 250 million to 200 million, and then to 100 million. Yesterday, the other party officially informed Lao Liu that they could only give him 20 million US dollars, and the valuation was higher. Down to $500 million.”

Chen Yang raised his eyebrows slightly and said with a grin, "Our Rainbow sign has no sign?!"

What he said is not that Wang Po is selling her own melons and boasting.

Now Rainbow Fund is a living sign. I don’t know how many investors want to hand over their funds to Rainbow Fund, but they still have no way.

So some clever people turned their attention to the companies that Honggu Capital had invested in.

For example, Souhu Weibo, Sougou, Twitter, Tesla, and Jingdong,

If it weren't for the fact that they really couldn't use so much money for the time being, each of these companies would probably go to the Nasdaq to ring the bell.

But now this American company has obviously got the opportunity to invest in Jingdong, but it suddenly regrets it.

Why, look down on Rainbow Fund?

Hearing Chen Yang's words, Huang Shan smiled and said,

"There are two reasons. First, although Rainbow Fund has shocked the world's financial community and no one wants to hand over their funds to us, as a sister company of Rainbow Fund,"

Chen Yang immediately waved his hand, "It's a brother company!"

Huang Shan rolled her eyes, was too lazy to pay attention to him, and continued,

"Honggu Capital has not yet had a real success story. Whether it is Twitter, Tesla, or these domestic companies, before the opening bell officially rings, all valuations are just a series of numbers, not has real meaning,

If things are going smoothly, many people are willing to join in. This is the fundamental reason why Liu had so many VCs to choose from half a year ago.

But it's a pity,

As the financial crisis intensifies, there is now very little capital left to expand globally.

It is precisely because of this that the Rainbow Fund, which has been making rapid progress, is so eye-catching.

Well, this has nothing to do with Jingdong, so I won’t talk about it.

After being rejected by that American venture capital firm, Liu also looked back at those venture capital investors that he had rejected back then.

But the problem now is that the venture capital firms that wanted to follow Honggu Capital and invest in Jingdong half a year ago have all ceased operations one by one, and they no longer have the energy to fight for this.

It’s not like no one can pay for it, but unfortunately, it’s far from the actual value of Jingdong, and even 10 to 20 million US dollars is only a drop in the bucket for Jingdong today.”

Speaking of this, Huang Shan looked at Chen Yang, with a sneer on her lips, "Do you know what Jingdong's valuation is now?"

Chen Yang rolled his eyes, "Fifty million?"

He remembered that during the financial crisis, Jingdong's valuation dropped to as low as 40 million or 45 million. Anyway, it was less than 50 million.

But with the name of Honggu Capital in it, it could be worth several million anyway.

Huang Shan smiled sarcastically, "It's not that bad, but it's almost there."

Stretching out her right hand, Huang Shan made a seven sign, "Seventy million US dollars!"

Chen Yang raised his eyebrows but said nothing.

This number is not much better.

Huang Shan leaned back and said, "And don't forget, Jingdong still owes Honggu Capital a low-interest loan of US$20 million. After deducting this part, Jingdong's valuation is only five Tens of millions of dollars,

This number is so different from Lao Liu's psychological expectation that even Lao Liu himself would not agree to it, not to mention us.

So naturally, Lao Liu came back to beg us again! "

Chen Yang picked up the coffee, lowered his eyebrows and took a sip thoughtfully. After putting it down, he asked after two seconds, "How long can Jingdong's capital chain last?"

Huang Shan pursed her lips, raised her chin slightly, and said with a smile, "Five days!"

"Well,"

Chen Yang blinked, "Doesn't that mean he won't be able to survive the Olympics?"

Then my heart moved,

He remembered that Lao Liu got financing this year at the end of December, which was still half a year away. Moreover, the funds and support he provided to Jingdong were much more than what he got back then. Why did he do it so early? Can't hold it anymore?

Huang Shan pursed her lips and said with a half-smile, "This has something to do with us!"

Um?

Chen Yang's eyes widened, could he be blamed for this?

Facing Boss Chen's disbelieving look, Huang Shan smiled and said, "Two reasons. First, when Xiaoyu went to talk to Lao Liu last year, she shared with him your idea of ​​Jingdong's self-built logistics system. , so their investment in this area is more comprehensive,

The more comprehensive it is, the greater the amount of funds spent! "

Hearing this, Chen Yang couldn't help but twitch the corner of his mouth slightly and didn't dare to say a word.

This makes sense and he can't argue with it.

"Second,"

Huang Shan crossed her arms and leaned back on the chair and said, "Jingdong participated in the Xijiang Supercomputing Center. Although they are only a small shareholder, they still have the right to use the supercomputing.

With the help of supercomputing, Jingdong's accuracy in judging customers' consumption habits has been greatly improved. They can even accurately judge which product a user will buy based on their browsing history, so as to prepare goods in advance, and then based on the user's information, Delivered to his city! "

Speaking of this, Huang Shan couldn't help but have a look of admiration on her face.

"I have to say that Lao Liu is indeed a talent. Last year, Jingdong's marketing volume was less than 400 million, and this year, only half of it has passed, and their sales have exceeded 1 billion,"

"etc,"

Hearing this, Chen Yang immediately interrupted her and looked at her in surprise, "Jingdong's turnover has exceeded one billion?"

He remembered that Jingdong's full-year sales this year seemed to be only 13.4 billion, and it only started to gain momentum in the second half of the year.

Why is it that it’s only halfway through and it’s already over one billion?

"yes,"

Huang Shan nodded and said, "Didn't I just say that they used supercomputing to analyze user habits and achieve precise marketing. The sales efficiency has been greatly improved compared to last year, so in just half a year, the sales volume It’s already exceeded one billion,”

Speaking of this, Huang Shan sighed, "With such high sales and good profit margins, Lao Liu dared to expand significantly, especially in the Yangtze River Delta with Shanghai as the center, and with Guangzhou and Shenzhen. He has invested a lot of resources in the Zhujiang Triangle of the two first-tier cities.

Such a large investment cannot be satisfied by operating income alone, and all the funds we gave him before have been burned.

Now he has no other choice but to continue to raise funds, which is why he wants to meet with you. "

Chen Yang pursed his lips and nodded, then thought for a moment and said, "But it's useless for him to meet me!"

ah?

Huang Shan raised her head in surprise and looked at him blankly, "Aren't you going to continue to vote for Jingdong?"

Speaking of which, Honggu Capital has invested nearly 100 million US dollars in Jingdong. If Jingdong collapses, it will not be of any benefit to Honggu, but will be a stain.

After all, from its establishment to the present, whether it is the virtual financial market or physical equity investment, Rainbow and Honggu have never failed.

Now Jingdong is far from reaching the last moment. Even if it were not for the financial crisis, Jingdong would have achieved a valuation of US$1.5 billion without any problems at all.

How could the boss not vote?

Looking at the surprised Huang Shan, Chen Yang laughed and said, "I mean, you can make the decision for an investment of less than 500 million U.S. dollars. Why are you looking for me!"

Hearing this, Huang Shan couldn't help but roll her eyes.

He angrily picked up the coffee and drank it in one gulp, then placed it heavily on the cup holder and stared at him angrily, "What's the valuation? How much is the investment?"

Seeing that Mr. Shan seemed a little angry, Boss Chen quickly put away his smile, pretended to think seriously, and asked after a moment, "What is the share structure of Jingdong now?"

Huang Shan almost blurted out, "We hold 54.1%, and Lao Liu and his wife hold 45.9% in total."

Chen Yang rubbed his face, then made a gesture and said, "Wait a moment."

Then he took out his mobile phone, clicked on the button inside, found the Souhu Weibo shareholder group, and sent a message,

"Dear gentlemen, Jingdong's Series B financing has been officially launched, with a valuation of US$1.5 billion and a financing scale of US$500 million. Is anyone interested?"

Lao Li reacted the fastest and immediately typed a series of exclamation points.

robin, "!!!!!"

Lao Zhang followed closely, "!!!"

Finally, there is Brother Ma, who is a little behind.

pony, "How much quota do you put?"

Robin said, "Mr. Ma is so powerful, the Goose Factory is really rich!"

Lao Zhang, "Mr. Ma is so powerful, the Goose Factory is really rich! Also, I have the same question!"

Robin, "It turns out that I am the only poor person. Well, although I am not as rich as the two big guys, but even if it is for Mr. Chen's face, I will give everything I have to get a small share of 100 million US dollars."

pony, "???Mr. Li, be kind!"

Lao Zhang, "It's just like Mr. Ma and I are always so frank, right Mr. Chen, are the 500 million divided equally? If it is equally divided, even if I sell the pot and give everything I have, I will give Mr. Li the share that is not enough." Next!”

After typing this line, Lao Zhang felt quite uneasy.

He has a deep connection with American capital. An old friend told him that as long as Honggu Capital can increase its investment in Souhu Weibo and Sougou, he will definitely follow. If everything goes well, these two companies will be able to ring the bell in the year after next at the latest. ,

It can be seen that no matter what the ideas of middle and lower-level venture capital are, the top-level venture capital circles in the United States are not generally optimistic about Honggu, or Rainbow Group.

In this case, Boss Chen has decided to increase investment in Jingdong. Why wouldn't he want the money he picked up for free? !

But the next second, Lao Zhang slapped him on the forehead. He was too reckless!

I saw Mr. Li's message reappeared in the dialog box.

Robin, "What? An equal share? Then you must support Mr. Chen. You have to say that I will follow suit!"

Then came the pony,

pony, "Should we split it equally? I think it's okay, so I'll go with it. By the way, it seems like five divided by three can't be divided, so I'll sacrifice a little more and cut off the odds first, and then we'll divide the rest equally!"