Sprinkle coins every day

Chapter 203 Germination Group is born, Fenglei Fund makes another success!
Zhang Shuo didn't see the little secretary when he passed the secretary's room after get off work.

It is said that because of the commemorative gold coins, Chen Xiaowan personally went to the commemorative gold coin manufacturing factory to make sure to get the customized commemorative gold coins before the 25th.

Fortunately, Germination is a super big order, and the factory is very face-saving and agrees to work overtime.

Otherwise the assignment will be messed up.

Because it was Friday, after get off work, Zhang Shuo habitually returned to Xili Building.

Chen Lu, who usually works vigorously in the company, must leave Fenglei Fund before noon every Friday and start preparing a hearty and sumptuous dinner for Zhang Shuo.

Today, it is specially paired with red wine, candles, and flowers.

A bit of a lovers date atmosphere.

It seems that a tacit understanding has been formed between the two of them. They no longer mention any housekeeping services, define their relationship as lovers, and no longer try to move forward.

To be a lover, Chen Lu is already very content.

At the dinner table, the two talked most about work matters. For example, at this moment, Chen Lu was reporting another achievement of the Fenglei Fund to Zhang Shuo.

Just this Wednesday, Fenglei Fund successfully led the A-round financing of Kuidou, and obtained 2500% of Kuhoushou's shares with an investment amount of 22.5 million.

Comparing Kuaishou's trillion-dollar market value at its peak ten years later, it can be said to be a blood profit.

Even if this 22.5% stake will be gradually diluted to 10% or even lower in subsequent rounds of financing, Fenglei Fund will also obtain thousands of times the return on investment from this investment.

It is definitely a myth in the venture capital world.

Compared with the previous investment in Zhihu, Fenglei Fund's investment in Slow Hand basically established the profit pattern for the next ten years.

With this order, Fenglei Fund is eligible to rank among the top [-] private equity funds in China.

No one is lucky.

"Good job!"

Zhang Shuo raised his glass with a smile. Looking at it now, the original decision to let Chen Lushan couldn't be more correct.

Chen Lu did not live up to his expectations.

The Fenglei Fund has been managed very well, and has already gained a bit of fame in the venture capital circle.

In contrast, the prodigal son fund managed by Lao Zhang has a very famous name, but except for investing in Jiawei culture, it is just a local fund.

The investments are all small shops selling battery cars and fruits, which can be regarded as down-to-earth.

"Don't praise me, I just honestly followed the investment catalog you provided, contacted and negotiated one by one, and the blind cat bumped into the dead mouse."

Chen Lu was actually very nervous, not knowing if he was slow to invest, or if he would miss it.

"Complete this single investment, Fenglei Fund's liquidity is almost gone?" Zhang Shuo asked.

At the beginning, only 1 million assets were left to Fenglei Fund, half of which was used to allocate underlying investment assets and invested in the stock market. The remaining liquidity is actually not much.

Two rounds of investment have consumed 5000 million.

"There is no money, do you want to accept other people's private equity entrustment?"

Chen Lu is very clear that although she is the CEO of Fenglei Fund, Fenglei Fund is essentially Zhang Shuo's, and any major decision of the company must be made by Zhang Shuo.

"Have any investors contacted Fenglei Fund?" Zhang Shuo asked curiously.

Private equity is different from public equity. It pays more attention to word-of-mouth and ability in the circle. Most investors still trust venture capital giants such as Scarlet Capital.

Although Fenglei Fund has completed two investments, it is difficult to see the investment effect in the short term.

"not yet."

Chen Lu had a slightly embarrassing expression.

"Wait a little longer. When the time is right, I will inject another sum of money into Fenglei Fund." What Zhang Shuo can look forward to is the day when Germina reaches tens of billions in profit.

Rough estimate.

Since the establishment of Germination, the main profit has been contributed by Jade Bird Interactive Entertainment, including monthly profit and income from selling overseas agency rights, which is roughly around 5 billion.

Furthermore, the profit of Green Orange Retail did not exceed [-] million.

It is estimated that at least until the end of the year, when new games such as "Clash of Clans" are launched, it is expected to break through the [-] billion profit mark and obtain the corresponding financial rewards from the system.

"Don't worry."

As a new player in the private equity circle, Fenglei Fund has already invested in two projects less than half a year after its establishment, which is already considered high efficiency.

Most of the time is actually spent on investigation and analysis.

Chen Lu has no ambitions either.

"By the way, this is for you."

Zhang Shuo took out a gold coin from his pocket, which was about the same size as a coin, but obviously thinner.

This is a sample sent by the commemorative gold coin foundry before. On the front is the text commemorating the first anniversary of Germination Holdings, and on the back is the Germination LOGO.

The design is not very novel, it can only be said to be quite satisfactory, but the victory lies in its grandeur.

"Thank you!"

Chen Lu was very happy, not because of the gold coin itself, but because Zhang Shuo could think of giving her a gift.

I feel very happy in my heart.

As a result, before the two of them had finished their meal, Chen Lu's eyes were about to drip when looking at Zhang Shuo.

This little leprechaun!

…………

Monday, May 5.

After a pleasant and exciting weekend, Zhang Shuo came to the company with a tired body.

Is it okay if not working is more tiring than going to work?
It can only be said that Chen Lu really dotes on Zhang Shuo too much, she can rack her brains every time, and bring Zhang Shuo new experiences again and again in different ways, and she can't stop every time.

Zhang Shuo even teased Chen Lu, what can he do if he has this thought?
It takes talent to please people.

As soon as he got to work, Luo Changan, the manager of the investment and acquisition department, brought good news: "Mr. Zhang, the investigation and evaluation of Hengteng Electronics' assets and liabilities have been completed. The boss of Hengteng Electronics also intends to sell Hengteng Electronics. Next One step, we will enter the substantive price negotiation stage."

"Good job."

Zhang Shuo was very satisfied, Luo Changan was indeed a professional.

Acquiring a manufacturing company is far more complicated than acquiring an Internet company. Assets alone include tangible assets, intangible assets, fixed assets, and so on.

There are also many pits inside.

If you can't complete a thorough investigation before the acquisition, you will probably fall into the pit.

Similar examples abound.

Due to time constraints and heavy tasks, in order to complete the asset-liability assessment of Hengteng Electronics in the shortest possible time, Luo Changan also hired his old employer, Bimawei Accounting Firm, to participate.

That's it.

In the past week, Luo Changan could only sleep three to four hours a day.

I still have dark circles under my eyes.

"What's the proposed purchase price proposed by PIMWAY Accounting Firm?" Zhang Shuo asked.

"Bimawell's valuation of Hengteng Electronics is 1.5 million, including Hengteng Electronics' brand value, mobile phone licenses, and Hengteng Electronics' factories, equipment, orders and other assets are all packaged."

The most valuable thing about Hengteng Electronics is the mobile phone license and factory. The brand value is almost equal to nothing. After all, it is a counterfeit mobile phone manufacturer, which is basically valuable, and that is also negative.

After Germination completes the acquisition, Hengteng Electronics will be renamed.

"Let's negotiate according to this price benchmark. You are fully responsible." Zhang Shuo didn't have the energy to intervene in specific negotiations, so he could only choose to trust Luo Changan.

"Ok."

Luo Changan also enjoyed this kind of trust.

"I heard that Hengteng Electronics is a family business?" Zhang Shuo was concerned about other issues instead.

"It's like this. During the investigation and evaluation of Hengteng Electronics, we found that Hengteng Electronics' human resources, finance, auditing, logistics, warehouse management, and procurement are almost all relatives of the boss."

This is also a common problem of many private companies.

Before the introduction of the professional manager system, they still trusted their family members more than outsiders.

Unlike Zhang Shuo.

From the beginning, people in the family were prevented from entering the budding job, even as a security guard.

"After the acquisition is completed, all these people will be dismissed."

Zhang Shuo didn't have the energy to evaluate, among these related households, which ones were soy saucers and which ones had real talents and learning, it could only be a one-size-fits-all approach.

Save yourself a bunch of moths.

It is also a copycat mobile phone, and there must be a reason for Hengteng Electronics to sell it in such a hurry.

"Understood, I will include this item in the contract negotiation." Regarding the boss's instructions, Luo Chang'an must implement them without compromise.

…………

Just as Luo Changan left, Jiang Yue came in to report again.

"Mr. Zhang, Germination Holdings Co., Ltd. has officially changed its name to Germination Holdings Group Co., Ltd., referred to as Germination Group, and the new company seal has been engraved."

This can also be regarded as a tribute to the upcoming first anniversary of Germination.

This is the end.

Both internally and externally, Sprout Holdings will be a group company, involved in games, social networking, new retail, cloud computing, real estate, investment, mobile phone manufacturing and other industries.

And it is a veritable comprehensive group enterprise.

The overall valuation of Sprout by the investment community has exceeded 30 billion, and this is still excluding the mobile phone business. If the mobile phone business that is about to start sailing is included, it is very easy for the valuation to break 40 billion.

What is the concept of 40 billion?
In 2011, among the three Internet giants, in terms of market value, Qiandu ranked first, leading the way, with a market value of US$406 billion; Tenda ranked second, with a market value of US$374 billion.

Ari’s market value can barely break through US$2 billion because it only listed its B50B business in Xiangjiang.

In other words.

If Germination chooses to go public this year, its theoretical market value will catch up with Ali.

It is definitely one of the most promising unicorn companies in China at present.

The net profit of a subsidiary of Jade Bird Interactive Entertainment alone has surpassed Internet giants like Wangye, and in terms of profit level, it is second only to Qiandu, Ari and Tengda.

The gap with Net Suppression and Xingsheng Network is only reflected in the scale of revenue.

The reason why Germination is not as well-known as Xingsheng Network is because Germination is not a listed company and does not need to disclose the specific revenue situation to the outside world. The outside world knows nothing about it.

otherwise.

It will definitely cause an uproar in the Internet circle.

Who would have thought.

In just one year, such a super monster was born in the Internet industry?

But this monster is still growing at an accelerated rate
(End of this chapter)