Yanzi Valley of Jingcheng

Chapter 236 Colleagues Become Friends

"Did Mr. Xiao really say that?" Ren Tianxing looked at his colleague Zhang Yuchen in surprise.

"I'm not qualified to go in, and I heard what others said." Zhang Yuchen replied, "But I think Mr. Xiao is quite reasonable. We really don't have much patience for companies with nothing, and we don't want to accompany them to have children. On the contrary, those We will be more interested in companies that have gone through several rounds of financing and are preparing to go public, that is, companies that seek our endorsement from Jinquan.”

Zhang Yuchen's gossip was not groundless, that's exactly what Xiao Jie said at the investment committee.

Over the years as an investor, countless founders have complained to Xiao Jie about the climate of the domestic investment market, but in front of Baihe Bookstore, the founder who wanted to be a headhunter scolded Xiao Jie on the phone, Xiao Jie still remembers it vividly , he repeated this sentence on the investment committee:

"Do you know that a company is the most painful process from idea to recruitment to implementation, like that, like a woman giving birth! You venture capitalists don't want to have children with others, you are I hope we will get the child out, and then you can see if you want to raise it together! You are wrong! So many projects have died! Your domestic venture capital can’t do it! These entrepreneurs are picky in every possible way, and if you don’t support them if you can’t see the results immediately, then what else do we need you for? We have to sell our property and borrow from relatives and friends to start a company…”

Although the founder himself had some problems with his entry time and the track he chose, Xiao Jie couldn't refute what he said.

"Actually, if there is only one idea and nothing else, we will invest, but the general founder must be a big boss." Zhang Yuchen said, "For example, Hu Yi from Hu's Technology before, when the headquarters decided to invest, Hu Yi No team has been set up yet, but I heard that the founder of Yanzigu Apartment this time is a fresh graduate..."

"It doesn't count, she has entrepreneurial experience before." Ren Tianxing hurried to speak for Guan Sha.

"Oh? What company? Is it also an apartment?" Zhang Yuchen asked.

"Not exactly. She has a company related to real estate. It did a good job, but it was later transferred to a friend."

"If you've done a good job, why do you want to transfer?"

"Because she was doing real estate investment consulting at the time, she came to Mr. Xiao for financing. Mr. Xiao thought that the prospects were not very good, and the cake was getting smaller and smaller."

"Hehe, Mr. Xiao has always had a sharp eye." Zhang Yuchen said, "The house in our hometown can't be sold for a year or two. In the future, this real estate may not even be in the Silver Age. Iron Age."

"In short, the boss of Yanzi Valley is not the kind of graduate with zero experience." Ren Tianxing emphasized to Zhang Yuchen.

Zhang Yuchen became curious, "You know her?"

"Well, my neighbor, after all, I also live in Yanzi Valley..."

"You know each other just right, and our work will be much easier in the future. Since this project has been invested, it will definitely be handed over to our post-investment management department. We have to closely monitor the development of the company."

"But will it be handed over to our team? Why don't you mention this company to Mr. Ma and we will keep an eye on it?"

Hearing what Ren Tianxing said, Zhang Yuchen smiled, "Are you interested in the long-term rental apartment, or the founder? I heard she is a beautiful woman."

"He has a boyfriend." Ren Tianxing emphasized, "Don't even think about it, his relationship is very stable."

Ren Tianxing did not reveal to Zhang Yuchen that Guan Sha's boyfriend is Xiao Jie, it is best not to say anything, Ren Tianxing still has a sense of propriety.

"That's it..." Zhang Yuchen was feeling regretful when he heard this, when his cell phone rang, he picked up the phone and walked towards the glass door, Ren Tianxing saw a woman in a flowered cloth dress and a country dress with a turban tied a soil The rustic porcelain bowl lunch box was handed to Zhang Yuchen.

It was only later that Ren Tianxing found out that Zhang Yuchen’s hometown was more remote and poorer than his. It was not a county, but a village. The village was deep in the mountains, so poor that no one would send their children to study. One more person to study means one less labor force in the family. .

"Then why did you come out?" Ren Tianxing asked Zhang Yuchen.

"I'm lucky. When I was in school, I happened to meet a new support teacher, a woman. She said that I was a good seedling, and she insisted that I study. For this reason, she used her salary to give money to the people in our village. Take it, my parents let me out..."

Zhang Yuchen paused at this point, "However, the teacher's salary was late for two months, and the money was not paid in time. My aunt, them, and several other households rushed to the office and beat the teacher, saying that the teacher was corrupt. took their money..."

Ren Tianxing was very shocked, "Then... what happened next?"

"The teacher didn't fight back except to explain, saying that the money will arrive in a few days..." Zhang Yuchen continued, "Later, I apologized to the teacher on behalf of my aunt and the others. In the city, the former support teachers have left, although I am very reluctant, I want to study, but I know that it is too dangerous for a woman like her to stay..."

"And then? Has the teacher left?"

Zhang Yuchen shook his head, "No, not only did she not leave, she was not even angry. She said she didn't blame my aunt and the others. The reason why the people in the village did such a thing was not that they had bad intentions, it was just their fault. The level of cognition is at a very low level, and the only way to change this situation is education. So the more this is the case, the more she wants to teach us well, so that our generation can slowly change our previous generation and our next generation."

"So this teacher is still..."

"Yes, she is still in our village... After so many years, she has become the principal, and she is almost forty years old and not married. In big cities, no one would say that, people's ideas have changed long ago, but in our village ..." Zhang Yuchen said with a touch of helplessness in his tone, "No one would believe that I study and work so hard, hoping to break through the world by myself, but I just don't want to let the teacher down. If she hadn’t resolutely stayed here, I, Zhang Yuchen, would still be planting seedlings in the fields. Maybe my children would be able to go to elementary school, and then I would give my salary to the teacher because the teacher didn’t subsidize my salary. My family fought against it."

It was only later that Ren Tianxing found out that Zhang Yuchen was not a relative of any leader of Jinquan Investment Group at all. He didn't even have any relatives in Qingyang. , He borrowed all the friends he could borrow, and spent his own money to conduct market research on shared charging treasures across the country. Zhang Yuchen knew that the competition in this society was cruel, and he was unwilling to lose at the beginning.

"Whenever I can't bear to ask others to borrow money, I think of the teacher. She can bear such an environment, and there is nothing I can't bear."

"What do you think of those passed on by others?" Ren Tianxing asked.

"Let them say it, I won't be angry." Zhang Yuchen smiled, "Because I know they are just jealous of the result of my hard work."

……

Ren Tianxing didn't have a good impression of Zhang Yuchen at first, if it wasn't because of this buddy, Ren Tianxing didn't need to disturb Xiao Jie to join Jin Quan, but now he found that the colleague he didn't like the most in the company was actually with him self most like.

After listening to Zhang Yuchen's experience, Ren Tianxing immediately shared with Zhang Yuchen the things that didn't go well with him from childhood to adulthood, including his college classmates making fun of his English with a county accent, including his wish to prepare for academic competitions in high school In the college entrance examination, he was recommended or given extra points, but there was no reliable teacher in the small county, including his ex-girlfriend who had no hope after graduation and was forced to break up.

Unknowingly, Ren Tianxing found that his relationship with Zhang Yuchen had taken a step further. Besides work, the two often exchanged thoughts about life, the future, and the company...

"The matter of Hu's Technology made us very passive for half a year. I heard that we failed to invest in several projects." Zhang Yuchen said.

"Well, I've heard about it too..." Ren Tianxing didn't shy away from this, as the whole Qingyang branch knew about it.

Many potential start-up companies are a little afraid of Jinquan. They finally asked for money from other venture capital institutions but rejected Jinquan.

Not only Jin Quan, but the downfall of Hu's technology also had a great impact on Xiao Jie's personal reputation.

"In short, we can't invest in the good projects we are looking at now. If Hongfeng's performance cannot improve, investors may withdraw their funds when the fund expires."

"What about launching new funds?" Ren Tianxing realized what he had just asked this question, "I know, if the old funds lose money, it will be difficult to issue new funds."

"Isn't that right... I don't know what to do. If investors really withdraw their funds and the new fund can't be issued, I think they will definitely have to lay off workers... The stock market is the same now. It's just passed the new year, and all core assets are falling. Baijiu , medicine, home appliances... All the leading white horses have turned into gray donkeys. This year of the ox is not good at all. New funds are only issued during the bull market. There is a lot of financial pressure.”

"Will layoffs really happen?" Ren Tianxing couldn't accept it.

Zhang Yuchen patted Ren Tianxing, "According to the current situation, it's really uncertain in the future, so our team strives to take on more projects. If there are more jobs, the probability of being laid off is lower."

"Okay, then I will fight with President Ma for the Yanzigu apartment project!" Ren Tianxing made up his mind.

"I'm with you." Zhang Yuchen said.

When the two of them came to Ma Yu, Ma Yu didn't make a clear statement at first, until Ren Tianxing sent all his previous investigations and researches on long-term rental apartments to Ma Yu, until he analyzed everything in front of Ma Yu. The dilemma faced by renting an apartment was not until Ren Tianxing put before Ma Yu the business models that had been successfully tested in the United States, Germany, Japan, and Singapore. Is there less work for you..."

Ren Tianxing: "..."

Although Ma Yu teased Ren Tianxing with a serious face, she finally agreed to hand over the Yanzi Valley project to Ren Tianxing. Jinquan Group had never invested in long-term rental apartment projects in the past, so naturally no one in the post-investment management team researched this industry. , Ren Tianxing was the first one. Although Ma Yu didn't like Ren Tianxing, she recognized the young man's hard work.

Before leaving Ma Yu's office, Ren Tianxing accidentally saw a dark blue folder on Ma Yu's desk.

Ren Tianxing remembers this kind of folder, whether it is other directors or secretaries, all the materials shown to the president Xiao Jie are uniformly dark blue folders, this seems to be an unwritten rule after Xiao Jie took office.

The folder was opened, and inside was a report titled "Analysis and Prediction of Valuation Multiples from Angel Round to Series A Financing in 2021".

(End of this chapter)