What’s Wrong With Me Being a Rich Man?

Chapter 66 Angel Investment

When Yu Xing returned to Jinling, the first thing he did was to meet with Song Yufeng, get the guest certificate for the Internet meeting, and confirm the specific time of his appearance.

September 24, 2008 at 4:30 pm.

The second thing is that he is going to visit the teacher again.

But just before he finalized the time, Liu Wanying contacted him again.

To Yu Xing's surprise, this potential angel investor posted a famous quote.

Liu Wanying: Keynes said that even if humans remember all the mistakes they have made in the past 2,000 years, when one hundred pounds are placed in front of them, they will quickly forget everything.

Yu Xing: Have the stocks been cut?

Liu Wanying: The essence of financial regulation should be to kill the signs of greed, and we must always be vigilant about the greed behind financial innovation.

Yu Xing: Didn’t you cut it? What else can I wait for?

Liu Wanying: However, finance does not exist in isolation, it is human being behind it, so human nature cannot be avoided.

Yu Xing: I want to tell you, pull the knife into a quick way.

Three messages from each other are said to each other.

Liu Wanying stopped sending messages and called in anger: "The surname is Yu! You are just gloating, are you?"

"Hey, Sister Ying, why did you misunderstand me so much? I feel sorry for you. If you are willing to invest in me earlier, you will always escape some of the losses." Yu Xing explained, "I care about you, but it seems that you have started Reflecting on financial innovation, I have an idea. You quit your job from Bain and then sell this kind of spiritual chicken soup, which may be good."

Liu Wanying sneered and sighed, "This time it is a complete crisis, and it is not certain whether we will be laid off. Our projects in Shencheng have been suspended. When the economy is on the rise, we are consulting acquisitions, or expanding. Organizational capabilities, respond to future strategies.”

She paused and continued, "We have started consulting for organizational optimization, and we need to make structural adjustments and personnel optimization."

Yu Xing pretended to be concerned and said, "Can you still find a job if you are laid off? If you don't, come to our Guiai Internet Cafe with unlimited potential."

Liu Wanying smiled angrily, go to this Guiai.com that is about to be sold.

She sighed, "You are so cold!"

"Just as you said, projects are tools, and people are tools. In such a wave of times, small entrepreneurs like me were inexplicably affected, and elites like you were the same." Yu Xing was a little serious, "You can only try your best to do your best." I'm calm."

Liu Wanying was silent for a while and said, "Is it really a severance?"

Yu Xing actively gave advice: "If it was my money, I would definitely not be able to bear it, but since it was not my money, I would definitely have to cut it."

Liu Wanying: “…”

Yu Xing asked, "Do you mind what I said so bluntly?"

"I was very angry at first." Liu Wanying thought for a while, "I thought about it carefully and seemed even more angry."

"Sister Ying, it's not just an investment matter, or investment is just a small matter." Yu Xing asked seriously, "If you are unhappy at Bain, or have the idea of ​​leaving during this period, I'm very suitable for me. You, I want to build a short agency, and you are the ones who can come."

Liu Wanying was surprised. She had heard Yu Xing mention it once before, but she didn't expect that she would hear it the second time now.

She thought for a moment and confirmed, "Are you serious?"

Yu Xing replied concisely: "Of course."

Liu Wanying asked incomprehensiblely: "Do you understand this?"

Yu Xing asked back: "Why do I want you if I understand?"

Liu Wanying was speechless, and she felt that the man on the other end of the phone was whimsical.

"But I think it's not difficult to understand the short-selling ideas." Yu Xing kept serious, "discover weaknesses, borrow stocks and sell them, attack the weaknesses, buy stocks and return them, right?"

He is talking about the commonly used margin trading operations of short selling institutions, and "discovering weaknesses" is to check abnormalities and conduct research, and "attacking weaknesses" is to release relevant reports to the public, prompting the stock price to fall and ultimately completing the profits.

Liu Wanying was silent for ten seconds and replied, "It's roughly the case, but..."

"It's not that easy to investigate, but also requires a certain influence." Yu Xing analyzed himself, "I think it's possible, and as a grassroots entrepreneur, I think it's not just about 'discovering weaknesses', but also about' Create weakness'. "

What should I do without weaknesses?

Weaknesses must also be created!

As he imagined, the situation of the giants is always moving, and the times are developing, and you can get big goods by taking advantage of the troubled waters.

"Yu Xing, I have been thinking about your Bai Xiaosheng's position these two days." Liu Wanying suddenly mentioned the previous incident, "Do you know what I am thinking?"

Yu Xing guessed, "Want to cut off your flesh?"

Liu Wanying ignored such cruel jokes and gave the answer: "I am thinking about the 'penguin you said has a stance'. The more I think about the nature of your project, the more I think about the situation in the Internet industry, the more I feel... the surname Yu, How did you come up with it?”

"Because in the face of how such a giant will develop, this has become a problem that the industry needs to consider." Yu Xing pondered, "Penguin is now the first traffic level. Its effect of waving such a weapon is so useful, so It has been used all the time. ""Li and Baidu have relatively narrow businesses, but similar issues must be considered in areas related to core business."

"What is facing this era is that if you want to do the Internet, you must face large companies and giants directly or indirectly."

"Guiai.com is a living example. Who would have thought that such a large Internet company as NetEase can still have a marriage and love business?"

"NetEase is just a microcosm. Alibaba, Baidu, and Penguin will inevitably have more and more businesses that you may not have imagined at all."

"The current workplace field is not developed much. From the perspective of entrepreneurship alone, this is a market that is very suitable for vertical segmentation."

Yu Xing gave a pretty comprehensive description of his ideas.

Following these words, Liu Wanying seemed to see the tentacles of the companies standing at the top of the industry, whether they are capital, business, or traffic.

She pondered for a while and said, "I decided to cut it!"

From the 15th to now, in just a few days, Lehman went bankrupt, Merrill Lynch was acquired, the stock index plummeted, and panic swallowed up the global financial market like a flood.

Liu Wanying suffered heavy losses this time. In addition to the shrinking of stock value, there is also a part of the allocation of funds that use leverage to pursue higher returns.

However, from the initial shock gradually came back to her senses, although she was in a low mood, she was also thinking about new ways out for funds.

No mistakes, one song, one content, one in 6, one book, one bar, one reading!

Is the project Yu Xing wants to do promising?

Judging from the development of Guiai.com and its operations, although it was its first time starting a business, he is still quite capable, and his understanding of the practice of vertical segmentation and the industry competition situation is also worth looking forward to.

Although not a real angel investor, the angel wheel does not have too strict requirements.

Now what is in front of you is a clear business plan, a preliminary entrepreneurial team, and a real market demand, so you can give it a try.

"Sister Ying, congratulations." Yu Xing immediately said enthusiastically when he heard Liu Wanying's decision, "You made a very correct decision!"

Liu Wanying listened to his exaggerated tone and wanted to laugh: "Then do I want to say 'Happy and happy'?"

"Well, but I still have to ask a specific number." Yu Xing remained enthusiastic, "How much can you vote?"

Liu Wanying asked back, "How do you calculate the valuation of your project? How do you divide the equity?"

"It's not your angel wheel. My initial idea is to use most of the funds to sell Guiai.com." Yu Xing said sternly, "We will still leave out the options for employees. The parent company still uses the Hong Kong one, that's it. I have to change my name in the future. If I look at it this way, it starts at around 1 million to 1.5 million, and Song Yufeng has about 120,000."

The numbers fluctuating in the middle are the investments of Lu Haiying, Zhong Zhiling, Song Yufeng and others.

Liu Wanying thought for a while: "You are quite determined. You invest like this, which really makes me feel more at ease. I almost took out 500,000, well, just make up for it and make sure it is 500,000."

"Okay, Sister Ying, then we will have an interview later. While you are still in Shencheng, or I have been in Jinling these days. If you pass by here, we can also have a detailed discussion." Yu Xing immediately finalized, " 500,000!”

Liu Wanying thought about the loss of cutting her flesh and said with some pain: "I hope this investment won't need to be cut again."

"Don't worry, we are all our own people. Even if this company cannot be built, we will still have its positioning and market when we sell it." Yu Xing thought about what he heard about it, "Let's sign the contract again when we sign the contract." Make a clear exit mechanism.”

Liu Wanying responded.

She hung up the phone, pinched her phone, thought about the intention to finalize this, and the tsunami of the global financial market. She suddenly felt confused again. Will this be a good decision?

Perhaps, as long as it is not bad, it will be good.

Unlike the confusion of the angel investors at this time, Yu Xing's thoughts were very clear, and he immediately called Song Yufeng.

"I have found an angel investor here and asked to clarify the current equity based on the investment. Will you pay your 120,000 yuan?"

When Yu Xing and Song Yufeng met, they simply mentioned a matter of funds and knew that he had a deposit of 120,000 yuan.

Song Yufeng was caught off guard: "Ah? Angel investor? I'm, uh, Mr. Yu, I'm still thinking about it, are you moving so fast?"

"It's like you. I don't know when the company wants to develop." Yu Xing said simply, "We have initially confirmed that there is 500,000 yuan in funds. If you take out 120,000 yuan, you can still occupy a lot of equity."

Song Yufeng: "This, this..."

"I will reply to me tomorrow, and it will not be over." Yu Xing emphasized, "I will give you a reply to whether to invest or not. The specific equity figures need to be determined later."

Song Yufeng took a breath: "Okay."

Yu Xing ended the call and thought about the relevant equity division. When Guiai.com sold, I believe Song Yufeng could also accept the expected reduction in equity share. After all, he invested only in that capital.

If Guiai.com fails to sell it successfully, it will almost lock in the initial starting capital of 620,000 yuan.

If something really goes wrong, since Sister Ying has made an investment decision, she probably won’t mind investing in becoming a major shareholder.

(End of this chapter)