Archived Financial Talent

Chapter 322 Investing in Dangdang.com

Chapter 322 Investing in Dangdang.com (for more subscriptions)
Ding Wei took the plan handed over by Zhang Shi, and then looked down at it.

"Old Zhang, don't you see that e-commerce is so hot now, do you want to invest?"

Ding Wei did not expect Zhang Shi to invest in an e-commerce company, and the company was a book seller.

Ding Wei now feels that Zhang Shi must have seen that a lot of capital is looking for e-commerce projects, so he also wants to invest in e-commerce, but according to Ding Wei's understanding of this company, the fundamentals are not very good.

"Old Zhang, even if you really want to invest in e-commerce, can you change to a better company, this company will definitely not work."

Zhang Shi looked at Ding Wei and asked, "Why is this company not working?"

Ding Wei said: "I have seen their company's financing information before. Although the company had many famous capital investments when it was first established, it has been almost ten years since the company was established, and profitability is still a problem."

"IDG approached me before to see if they could acquire the shares in their hands."

Zhang Shi looked at Ding Wei suspiciously, and said, "People from IDG have looked for you? Why didn't I know?"

Ding Wei said: "I met them in a bar, so we chatted, but I'm not interested in their proposal, so I didn't tell you."

"But I can tell you clearly that Dangdang.com is a hot potato right now, and you must not take it on a whim."

Hearing Ding Wei's words, Zhang Shi said, "Don't worry, I have studied this company, and there is still a lot to do in the future, not to mention that I am the CEO of the company, listen to me."

Ding Wei saw that Zhang Shi's stubborn temper came up again, and he was a little annoyed that he would not listen to other people's suggestions when he made up his mind.

"Do you think that you alone have the final say on the company?"

"You take this investment suggestion first and ask Mr. Lin Feng, if he agrees, I will never speak."

"Ding Wei, are you Lin Feng's dog? You just like to listen to Lin Feng's words so much."

When Zhang Shi heard that Ding Wei was talking about Lin Feng, his previous dissatisfaction burst out instantly, and in a hurry, he scolded him directly.

But as soon as he spoke, Zhang Shi felt a little regretful, but he couldn't help but apologize.

When Ding Wei heard Zhang Shi scolding him, his expression changed immediately.

"You call me a dog?" Ding Wei pointed at his nose and glared at Zhang Shi, his eyes widened, as if he was about to breathe fire.

Zhang Shi said: "What's the matter with me scolding you, isn't it? Lin Feng has been broken all day long, and I still want to slap you..."

Seeing Zhang Shi's appearance, Ding Wei suddenly laughed and said, "Zhang Shi, you have changed."

"That's not what you looked like when we were squatting on the sidewalk eating burgers on Wall Street."

"To shut up."

Zhang Shi yelled at Ding Wei, what he hates the most now is when others talk about his downfall in Wall Street, that is a pain point in his heart.

"Okay, I don't want to stop arguing with you, so I will listen to you and show this plan to Lin Feng to see what he thinks."

When Ding Wei heard Zhang Shi's words, he didn't say anything more, picked up the plan and turned to leave.

……

When Ding Wei stood knocking on the door of Lin Feng's office, Lin Feng was talking on the phone with Hou Long.

Seeing that it was Ding Wei, Lin Feng motioned him to wait outside first, and then continued to chat with Hou Long on the phone.

"Boss, I have already set up the basic structure of Xingkong Logistics Company, and I believe it will not be long before it can be officially opened."

Hou Long called Lin Feng this time to report on the situation of Xingkong Logistics. After all, Lin Feng attaches so much importance to this logistics company, he can't neglect it.

Lin Feng didn't expect Hou Long's efficiency to be so high. In less than a few days, he had already found a good person.

"You wouldn't be a grass-roots team set up by a few people on the side of the road, would you?" Lin Feng said jokingly.

"Boss, how dare I do this."

When Hou Long heard Lin Feng's joke, he quickly complained.

"I poached these talents from other express companies with high salaries, and we paid their liquidated damages in advance. I just asked them to pack up and come to work, so the speed is a little faster."

Lin Feng said with a smile: "I don't worry if you do things."

"Don't be reluctant to spend money. Anyway, our company lacks everything, except money."

"There is also the courier car. You can contact Wang Fu later. I told him to prepare it before Chinese New Year. It should be almost ready now."

When Hou Long heard that Lin Feng had already asked BYD to prepare, his admiration for Lin Feng increased again.

No wonder the boss can become the richest man at such a young age. The way of doing things alone is not comparable to him.

After hanging up Hou Long's phone, Lin Feng called Ding Wei to come in.

"Ding Wei, you are not staying with your company, what are you doing here?"

Lin Feng walked to the sofa next to him, motioned for Ding Wei to sit opposite him, then picked up the teacup on the coffee table and poured him a cup of tea.

Ding Wei quickly put aside the plan in his hand, and took the tea that Lin Feng handed over respectfully with both hands.

"Boss, I'm here this time to report something to you."

When Lin Feng heard Ding Wei's words, he suddenly found it very interesting. Ding Wei didn't report to Zhang Shi when he had a problem, but ran to him to report to him. The report should have something to do with Zhang Shi.

"tell me the story."

Hearing Lin Feng's words, Ding Wei quickly told about Zhang Shi's desire to invest in Dangdang.com, then picked up the proposal next to him and handed it to Lin Feng.

Lin Feng did not expect Zhang Shi to invest in Dangdang. It seems that there is still a reason for Zhang Shi to become a private equity leader in later generations.

Lin Feng has also heard about the development of Dangdang.com.

After it was listed in country M in 2010, its profits continued to decline, and it was finally privatized and delisted.

But after the delisting, the profit increased instead, and the profit was not bad.

When Lin Feng saw the news at that time, he was thinking in his heart, this could not be the couple from Dangdang.com "cutting leeks", but thinking that this couple went abroad to cut leeks from foreigners, he also thought I have a good impression of them.

I just thought of another aspect. Dangdang.com, as a Chinese company, went abroad for listing, the company’s profits fell, and then delisted. Although it is obvious that they are harvesting foreigners’ “leeks”, but their impact on Chinese companies It is also very large.

After all, even if you Dangdang.com does not admit that you represent the corporate image of your own country, but people and foreigners don’t think so, they just know that you are a Chinese company.

Thinking of this, Lin Feng thought that when many Chinese people traveled abroad, some special people did some uncivilized things abroad. They thought it was no big deal, but they didn't know that their words and deeds abroad They all represent the image of the country.

Lin Feng looked at Ding Wei and said with a smile, "Then what do you think of Zhang Shi's project?"

When Ding Wei heard Lin Feng asking about his thoughts, he quickly put down the teacup in his hand and said, "I'm definitely against it."

"I have studied this company before, and there is no huge profit at all."

"Although their company has transformed from a single book selling business to a diversified business in the past few years, the profit is still very low."

Lin Feng said: "After Zhang Shi heard your opinion, how did he react?"

Ding Wei said: "After Zhang Shi listened to my words, he stopped doing it, and directly hated me, so I said that you need to agree to this matter."

After listening to Ding Wei's words, Lin Feng's mouth curled up slightly.

After listening to Ding Wei's description, he already had a vague understanding of Zhang Shi and Ding Wei in his heart.

Zhang Shi still has good vision, but his temperament is a bit rebellious. At best, he does his own way, but at worst, he is the only one who respects himself.

But when thinking of future generations, when Zhang Shi held trillions of private equity in his hand, and when the news was full of majesty, Lin Feng also felt that Zhang Shi's character was very reasonable.

Ding Wei's vision of investment is not as good as Zhang Shi's, and most of the time he just follows the scriptures.

The knowledge learned in books will not be flexible. When I read the book, projects with low profit margins are not good, so I just kill a boatload of people with one shot.

But this person has another advantage, that is, he is more loyal to Lin Feng. Of course, Lin Feng will not be so narcissistic, thinking that Ding Wei will be subdued by his kingly aura.

But Lin Feng felt that this Ding Wei was better at being a man than Zhang Shi. After all, the boss behind Gaoling Capital was Lin Feng, and Zhang Shi simply ignored Lin Feng's opinion, but Ding Wei understood that Lin Feng still had to listen to Lin Feng's opinion. all at once.

In Lin Feng's heart, Zhang Shi is like a general, not good at being an official, but it is the best choice to charge outside and expand the territory; Really do things, that's all.

But Lin Feng has a lot of prophetic knowledge in his mind, so he has no shortage of generals, but he lacks obedient civil servants.

"Ding Wei, I think the project of Dangdang.com is not bad. You go back and talk to Zhang Shi, and say that I agree."

Hearing Lin Feng's words, Ding Wei was immediately dumbfounded. At first he thought that Lin Feng would oppose this project as he did, but unexpectedly, Lin Feng agreed.

Ding Wei's mouth squirmed, and he planned to say something more, but thinking that Lin Feng had already said that, it seemed meaningless for him to say anything else.

Seeing Ding Wei's disappointed expression, Lin Feng smiled and said, "Are you a little disappointed in my decision?"

Ding Wei quickly said: "I dare not, I just didn't understand why the boss decided to invest in this project?"

Lin Feng said with a smile: "You are good at everything, but you are a little inflexible."

"You just see that the profit margin of this company is not high and the return cycle is long, but you don't see the golden age of the entire e-commerce. At this time, any company may be pushed into the sky by capital."

Ding Wei said: "But even if there is capital to push this company to the sky, so what, none of these can change the fact that this company does not make money."

Lin Feng said: "But you have to understand, how many capitals plan to make money from the company's profits?"

"Look at the founding capital of this dangdang.com, they only invested 200 million US dollars at that time, but up to now, Dangdang.com has been valued at [-] million US dollars, even if they quit now, they can earn several times the income .”

"Do you think they really have to wait until the company is profitable?"

Ding Wei said: "Boss, now a lot of capital is pouring into the e-commerce sector, which will easily cause a bubble in the industry. Once the bubble suddenly bursts, our investment will be completely over."

Lin Feng said: "Have you seen any country whose industry bubble burst in a few months or a year or two?"

Ding Wei immediately understood: "What does the boss mean, let's go in and out quickly?"

Lin Feng said with a smile: "Go back and tell Zhang Shi that you will take up all the shares released by Dangdang.com this time, but you need to sign an agreement with Dangdang.com and go public within two years."

(End of this chapter)

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