Yanzi Valley of Jingcheng

Chapter 279 The Good Purpose

After hearing Ren Tianxing's statement, Xiao Jie just smiled slightly.

"This advantage of yours comes from your body." Xiao Jie patted Ren Tianxing on the shoulder.

"Ah? What advantages?" Ren Tianxing asked.

Xiao Jie stared fixedly at Ren Tianxing, but didn't answer immediately.

When Ren Tianxing researched shared charging treasures, he concluded that "there is no technological iteration speed that can catch up with the greed of human nature";
Then Xiao Jie asked him to visit the live broadcast and beauty industry, and Ren Tianxing realized that "in the era of the Internet and big data, people are no longer impetuous when they don't use data";
Regarding the question of whether the Yanzigu apartment can be sold to Lian Tianhai, Ren Tianxing can think that there is a high probability that Lian Tianhai is taking advantage of the fire to rob him, and he may even go back on his word at the last moment, completely shattering Jin Quan's only hope;
But now, through his own independent thinking, Ren Tianxing reasoned that even if Hongfeng Jingshun No. 1 Fund was successfully liquidated, it would eventually be unable to escape the fate of being liquidated.

Xiao Jie thinks that he was right at the time, Ren Tianxing is still the same as before, he has the ability that other newcomers in the workplace can hardly possess, that is, a thorough understanding of human nature.

In Xiao Jie’s view, powerful search capabilities, research capabilities, information collection and integration capabilities, financial and legal knowledge learning and application capabilities, valuation and pricing capabilities, and expressive abilities can all be gradually developed with the growth of working years. , but only the understanding of human nature is difficult to cultivate.

Ren Tianxing's ability is not used most of the time at work, just like the goalkeeper of a football team, who usually stands in front of the goal, seemingly dispensable, but the goalkeeper can be the decisive one at critical times. A character who wins or loses a game.

Xiao Jie didn't ask why Ren Tianxing has such ability. Some people's paintings are naturally more aura than others. Some people can quickly memorize all the knowledge points in the subject of literature and history. Some people are extremely sensitive to numbers and symbols. Some people have amazing imaginations in their minds, which are closely related to their life experiences, and of course a little bit of talent is also inseparable.

"You will be outstanding in the future and surpass me." Xiao Jie said to Ren Tianxing.

Ren Tianxing was flattered, before he realized why Xiao Jie praised him so much, Xiao Jie revealed his plan.

It turned out that Xiao Jie, who was considered by Ren Tianxing, had already considered it in advance, and he also seriously discussed this issue with Jin Quan President Yan Li.

"Many of the apartments under CDH are vacant, and the income is cut off, but the cost is still incurred every day. The salary has to be paid, the house equipment is also depreciated, and the rent for the owner cannot be less. These are huge expenses. , if it really does not pass, it will drag down Yanzi Valley." Xiao Jie said to Yan Li.

Yan Li, who was sitting on the chair, lowered his head and lit a cigarette. Xiao Jie's words were similar to what he heard himself. Lian Tianhai's Aishang and Kaixin Apartments' income has dropped by more than 5% this year, but the cost has only dropped by 3%. As a result, the losses of tens of thousands of apartments will not be recovered in the next 3 to 4 years.

"As far as I know, Kaixin and Youyou have already extended their bank loans, and they still owe rent, employee wages, social security, utilities, etc. The deferred payment is nothing more than to ease the pressure on cash flow. The current situation is not optimistic. "Xiao Jie said, "The first thing they have to do now is to cut down the houses that are not doing well."

Yan Li took a puff of smoke slowly, "So what did you decide to do? The lion opened his mouth?"

Xiao Jie nodded, "If Lian Tianhai wants to use Yanzigu Apartment's brand and big data system to turn the situation around, at least 25 times the valuation, what do you think?"

"Haha, will he agree with 25 times?" Yan Li looked at Xiao Jie meaningfully, "Or do you have no intention of selling to him at all?"

Xiao Jie smiled slightly, "Actually, it was not my original intention to sell the Yanzigu apartment in this way, unless Lian Tianhai was just a shareholder. As for how to integrate and develop after the cooperation, the initiative must be in our hands. Mr. Yan, you should compare I know that even if Hongfeng can break the bank this time, it will not be able to retain investors."

Yan Li paused, and suddenly smiled, "Have you already thought about what to do?"

……

Xiao Jie did have another plan, and he had been running around for this plan a few days ago.

"What...Mr. Xiao, you want to acquire 'Letian Rent a House Network'? You also want to convert a large number of commercial idle houses under Guanhong Real Estate into long-term rental apartments?" Ren Tianxing was dumbfounded by Xiao Jie's plan.

Xiao Jie had already sent people to Letian rent a house to do the pre-investment due diligence two months ago, because employees from different departments of the same company usually do not have much contact with each other, and the pre-investment management of the proposed investment company is not part of the post-investment management department Due to the limited scope of work, coupled with the increase in home office hours, Ren Tianxing knew nothing about Xiao Jie's arrangement.

What he didn't even know was that Xiao Jie had already talked about the bidding stage with the founder of Lotte Rent a House.

"If we don't cooperate with Lian Tianhai, apart from the size of the apartment, we have to figure out a solution for renting network data." Xiao Jie said, "It will probably cost a few hundred million, and it will come from Hongfeng."

Xiao Jie's plan instantly awakened Ren Tianxing. At that time, the plan he, Guan Sha and Du Jing discussed together seemed to be seamless. It could not only solve Jin Quan's urgent need, but also expand the scale of Yanzigu apartment, but he ignored the rental network. The acquisition of precise search data.

"But... But isn't Hongfeng a real loss?" Ren Tianxing was puzzled, "How can this be..."

"Loss aversion is common to most people, but it also depends on how much the loss is." Xiao Jie said, "The biggest problem with Hongfeng is that it didn't screen the background of investors when the fund was established. Pigs, wine sellers, and real estate developers like Guan Sha’s father are very miscellaneous. Most of them have never been in contact with venture capital before, but the subscription share is not small. Moreover, the closed period of this fund is too short, so we compare Passive, if you want to keep them and let them understand what real equity investment is, you will have to bleed a little more on the performance this time."

Ren Tianxing took a deep breath, Xiao Jie's move was really ruthless, didn't those LP investors just want to run away when they lost their capital?Then they will not be able to balance their capital. Not only will they not be able to balance their capital, but they will also suffer serious losses. As long as there are projects in the future that make them hopeful and exchange time for space, many people will not run away. Most people do not want book losses to become real. loss.

Xiao Jie’s method is often used by some fund companies in the secondary market, but the specific method is slightly different.

In order to win out star fund managers, some fund companies assign one person to manage each track. Different tracks focus on different industries. For example, you focus on liquor and I focus on new energy. Harvest guaranteed by drought and flood.

No matter how the market style rotates, there is a high probability that there will be a track that performs particularly well that year. For example, 2020 is liquor, and 2021 is new energy. The fund manager who is on the track can instantly become a star fund manager. He won the race not because he was a good rider, but simply because the horse was fast.

But retail investors don’t know this. Most retail investors only look at the past returns of the fund when buying funds. The better the past returns, the easier it is to sell, because the logic of retail investors is: if it has risen by 100% in the past, it will definitely rise in the future 100%.

At this time, some unscrupulous fund companies will push the fund managers who have become stars to the front to raise more money, so that they can charge higher management fees. It was pushed up to an unsustainable level, and then everyone will see that within three months, the net value of the fund continued to decline. Because the decline was too fast and too violent, many people could not react at all. 20% to 30% It's gone down.

At this time, most people don’t want to leave the market. Instead, the price drops more and more, and the size of the fund becomes bigger and bigger accordingly. Fund companies and fund managers can then lie down and charge an annual management fee of 2%, because Christians They were all so honestly caught up in the crash, more honest than making money for them.

This is a common method used by many fund companies to cut leeks, and now Xiao Jie is doing the same, but the difference is that he is not just trying to keep the management fee of the Qingyang branch.

Whether it is entrepreneurship or investment, sometimes this is often the case. In order to achieve a well-intentioned goal, some means that are not so well-intentioned in the short term must be used.

(End of this chapter)