Reborn Millennial Gamer
Chapter 196 "Vulture" Goldman Sachs, what fear do I have
Chapter 196 "Vulture" Goldman Sachs, what fear do I have
ps: 191 is banned, which does not affect consumption of this chapter.
"What's the matter?"
Lu Fei saw Liu Yandong rushing up and down, followed by Zhang Yong rushing over, with his expression and appearance, he thought that the round C round of financing was in a deadlock, or even collapsed.
As a result, after making trouble for a long time, the co-author Goldman Sachs offered to go to Feigou headquarters to have a serious solo round with himself.
"Isn't it Goldman Sachs, as for?"
"No, Mr. Lu, this is Goldman Sachs!"
Liu Weidong may not feel the "notoriety" of Goldman Sachs, but Zhang Yong is the CFO, so he naturally knows the horror of Goldman Sachs, which is jokingly called the tower light in the American lighthouse, and the unstoppable lighthouse of Wall Street.
Lu Fei was not in awe, "He came to me because he thought the price we raised was too high, or because 10% of the equity was too little?"
Zhang Yong replied: "There are all of them, and I hope that Goldman Sachs will lead the C round, and I don't want to introduce other investment institutions."
"Which one do you think Sequoia Capital or Goldman Sachs led in the C round?" Lu Fei said.
"Goldman Sachs." Liu Yandong and Zhang Yong said almost in unison, and there was no need to communicate with each other in advance.
The facts are before our eyes, Goldman Sachs is now the "big celebrity" in China.
Around the turn of the millennium, due to years of bad debts, the accumulation of non-performing assets of the four major banks was quite high. Only divestitures and capital injections can be listed.
As a result, Great Wall, Dongfang, Cinda, and Huarong, also known as the four major AMCs, were born, specializing in the disposal of non-performing assets of banks.
These non-performing assets are packaged, but there are 1.4 trillion RMB. We have to find foreign capital to digest them together, and we have a "buy ticket" plan. If you want to get official permission and enter the financial market, yes, you can pay to claim part of it. Bad assets first.
Because the Enron scandal hit Wall Street last year, the major investment banks were overwhelmed. Goldman Sachs became the first to eat crabs, and it was also full of oil. It will be the only foreign financial institution with dual certificates of "Qualified Foreign Institutional Investor (QFII)" mechanism.
Lu Fei rubbed his chin, quite clear in his heart.
Feigou.com has Goldman Sachs as its betting capital. Whether it is at home or overseas, it can enjoy everything. It will get twice the result with half the effort in a short period of time.
"Leading 7%, I decided to be Sequoia. Which one of you agrees and who opposes?"
Liu Yandong couldn't understand the mystery inside, but Zhang Yong understood it right away. Master Lu wanted capital, but he wanted obedient people, not troublemakers.
"I agree, Sequoia has promoted Yahoo, Apple, and Oracle, and technology stocks have more experience in this regard."
Lu Fei said: "Call Sequoia."
………………
An hour later, a group of five from Goldman Sachs came to Hailong Building to drink coffee with Lu Fei.
"Mr. Lu, I'm the partner managing director of Goldman Sachs. Entrusted by CEO John Thornton, I'm solely responsible for Huaxia's investment affairs."
Xu Ziwang spoke with a slight Wu Nong accent, wearing a pair of square-frame glasses, he was meticulous, and his brows showed the shrewdness of a man in Shanghai.
Lu Fei shook hands with him, "Hello, the name of Goldman Sachs, from Wall Street to China, everyone knows it, everyone knows it."
"President Lu's name is also known to everyone from Hawaii to Alaska."
Xu Ziwang took a copy of "The World Is Flat" from his subordinates, "I'm your fan, can you sign it for me?"
Lu Fei signed the letter generously, but his vigilance increased accordingly. When the enemy starts to compliment and praise you, you must start to be careful.
After signing, the two groups of people entered the meeting room and sat face to face. Xu Zi looked at the uniform coffee over there.
On Lu Fei's side, he blew on the steaming water with a cup of tea, "My CFO told me that Goldman Sachs is asking $10 million for a 2.2% stake in Feigo.com. I'm a little confused?"
"Just a little doubt."
Xu Ziwang said solemnly: "Mr. Lu mentioned in the book that China's accession to the WTO will be integrated into the global division of labor and become the world's factory, and Feigo.com will make the products of the 'world factory' more efficient and unimpeded around the world.
But the global trade supports genuine products, Feigou.com is full of fake products, and many merchants manufacture and sell counterfeit and imitated Nike shoes..."
Lu Fei frowned slightly, as if he wanted to lower the price when he came up.
Leaving aside the fakes, he said: "Xu is always a returnee who studied abroad and has a successful career. Do you know how many people have been unemployed in Huaxia in recent years?"
Xu Ziwang said: "Probably more than 1000 million."
"No!"
Lu Fei shook his finger, "It's more than [-] million, or even more, because a large number of migrant workers are actually unemployed, but there is no statistics. Farming is the job of farmers. A small country has only tens of millions of people. If there are What will happen if half of the people are unemployed?"
Liu Yandong was horrified when he heard this, and stared straight at him with admiration in his eyes.
Xu Ziwang pondered for a moment, the other four people in the same row looked at each other, and one of the young people said, "Why don't you rent out the idle land?"
"Worthy of being a Goldman Sachs person, a talent!"
Lu Fei said angrily, and Liu Weidong and others felt that it was annoying and ridiculous, and their impression suddenly dropped, just like life was difficult, why not rent out the extra house, for a reason.
"I'm sorry, Mr. Lu."
Xu Ziwang immediately gouged out the young man who interrupted rashly, and he fell into the trap just after the negotiation started, and the initiative gradually deviated.
"My eldest brother and sister-in-law are all laid-off workers. It is quite difficult to earn a living and maintain a family."
Lu Fei's face is righteous and awe-inspiring, standing on the highest point of morality.
"The original intention of Feigou.com is to supply goods to the world, but there is a premise, that is, to benefit the world, so that more unemployed people can have food. Compared with manufacturing and selling fake goods, solving food and clothing is their main conflict. Some merchants It is inevitable that they have gone astray, and they really need to be corrected and severely punished.
However, Feigou is not the only company that sells counterfeit goods. Every e-commerce platform has them, Amazon has them, and eBay also has them, but the severity of the incidents is different. "
Seeing that he was offering the supreme moral sword, Xu Zi quickly raised the legal sword to A, and retorted: "But they have strengthened the supervision and resolutely cracked down on counterfeiting. Bad reputation."
"Indulgence? No, we have nothing to do with fakes!"
Lu Fei slammed on the table, the sudden sound startled the people of Goldman Sachs, then his painting style changed, and he said with a smile:
"But the tea needs to be sipped, the road needs to be taken step by step, and there must be laws to follow in cracking down on counterfeiting. Now the industrial and commercial administration and market order supervision agencies have just been established. What kind of counterfeiting and how to crack down on counterfeiting? We are a company and we must follow closely. national law."
Xu Ziwang never expected that he intended to use fakes and shoddy goods, condone the crackdown on counterfeiting, and kill Feigou.com's vigor, but Lu Fei's eloquence had already reached a state of perfection, as powerless as using the sword of the previous dynasty to kill the officials of the current dynasty. The holy sword of law was emptied.
"Feigo.com is not inaction. We have strengthened supervision. For fake products, the products will be removed from the shelves, refunded and paid, and the store will be closed and rectified. We have also established Jingdong Mall and introduced a large number of official authentic flagship stores... "
Lu Fei spread his hands, "Our counterfeit rate is decreasing, and the genuine rate has been steadily increasing."
Xu Ziwang took a sip of his coffee, calmed down, and gave the four "thugs" he brought with him a look, and they immediately charged into battle.
Liu Yandong, Zhang Yong, and Xu Lei wanted to help each other, but they realized that it was unnecessary.
I saw Lu Fei alone, drinking a cup of green tea, fighting with the Confucian scholars, opening his mouth to "empower, grasp, and settle", and shutting his mouth to "high-frequency touch, rapid iteration".
Internet slang one after another, Goldman Sachs' thugs are playing finance, not the Internet, they can't beat him at all, they can't open their mouths, because they can't even speak slang.
"Fakes must be suppressed at any time! If you don't suppress them, think about it, you have worked hard to build a brand, sweated and dreamed of getting rich, and suddenly you are counterfeited... So, insist on cracking down on fake platforms, It is a good platform!"
"What is the theory of consumer evolution? Natural selection, survival of the fittest."
"Get rich, people get rich, consumption continues to escalate, online shopping follows the trend, breaks barriers, upgrades positioning, opens up genuine product sales, good money drives out bad money, and counterfeit goods are fundamentally reduced..."
"Fake goods and e-commerce are the relationship between sunshine and flies. Open the window, users can enjoy the bright sunshine, and flies will fly in. It doesn't matter, we spend our efforts to beat the flies and leave. We can't just because we hate flies. , shutting out the sun..."
Lu Fei eloquently, with a loud voice, glanced at Goldman Sachs one by one, I am right, who am I afraid of, but he did not say Yu Zecheng's lines——
The real thing is so expensive, what's wrong with selling some fake ones?
Liu Yandong and Xu Lei looked at each other, carefully savoring the quotations of the most holy teacher, Master Lu, which seemed to make sense, but they felt something was wrong.
Xu Ziwang felt that he was in class. Although he couldn't understand it, he was greatly shocked. He really deserves to be a master who can write "The World Is Flat"!
"About Feigou.com, do you have any questions? Just ask, and I can answer them."
Seeing the silence in the hall, Lu Fei drank the first sip of tea since the meeting and moistened his throat.
Who else!
(End of this chapter)
ps: 191 is banned, which does not affect consumption of this chapter.
"What's the matter?"
Lu Fei saw Liu Yandong rushing up and down, followed by Zhang Yong rushing over, with his expression and appearance, he thought that the round C round of financing was in a deadlock, or even collapsed.
As a result, after making trouble for a long time, the co-author Goldman Sachs offered to go to Feigou headquarters to have a serious solo round with himself.
"Isn't it Goldman Sachs, as for?"
"No, Mr. Lu, this is Goldman Sachs!"
Liu Weidong may not feel the "notoriety" of Goldman Sachs, but Zhang Yong is the CFO, so he naturally knows the horror of Goldman Sachs, which is jokingly called the tower light in the American lighthouse, and the unstoppable lighthouse of Wall Street.
Lu Fei was not in awe, "He came to me because he thought the price we raised was too high, or because 10% of the equity was too little?"
Zhang Yong replied: "There are all of them, and I hope that Goldman Sachs will lead the C round, and I don't want to introduce other investment institutions."
"Which one do you think Sequoia Capital or Goldman Sachs led in the C round?" Lu Fei said.
"Goldman Sachs." Liu Yandong and Zhang Yong said almost in unison, and there was no need to communicate with each other in advance.
The facts are before our eyes, Goldman Sachs is now the "big celebrity" in China.
Around the turn of the millennium, due to years of bad debts, the accumulation of non-performing assets of the four major banks was quite high. Only divestitures and capital injections can be listed.
As a result, Great Wall, Dongfang, Cinda, and Huarong, also known as the four major AMCs, were born, specializing in the disposal of non-performing assets of banks.
These non-performing assets are packaged, but there are 1.4 trillion RMB. We have to find foreign capital to digest them together, and we have a "buy ticket" plan. If you want to get official permission and enter the financial market, yes, you can pay to claim part of it. Bad assets first.
Because the Enron scandal hit Wall Street last year, the major investment banks were overwhelmed. Goldman Sachs became the first to eat crabs, and it was also full of oil. It will be the only foreign financial institution with dual certificates of "Qualified Foreign Institutional Investor (QFII)" mechanism.
Lu Fei rubbed his chin, quite clear in his heart.
Feigou.com has Goldman Sachs as its betting capital. Whether it is at home or overseas, it can enjoy everything. It will get twice the result with half the effort in a short period of time.
"Leading 7%, I decided to be Sequoia. Which one of you agrees and who opposes?"
Liu Yandong couldn't understand the mystery inside, but Zhang Yong understood it right away. Master Lu wanted capital, but he wanted obedient people, not troublemakers.
"I agree, Sequoia has promoted Yahoo, Apple, and Oracle, and technology stocks have more experience in this regard."
Lu Fei said: "Call Sequoia."
………………
An hour later, a group of five from Goldman Sachs came to Hailong Building to drink coffee with Lu Fei.
"Mr. Lu, I'm the partner managing director of Goldman Sachs. Entrusted by CEO John Thornton, I'm solely responsible for Huaxia's investment affairs."
Xu Ziwang spoke with a slight Wu Nong accent, wearing a pair of square-frame glasses, he was meticulous, and his brows showed the shrewdness of a man in Shanghai.
Lu Fei shook hands with him, "Hello, the name of Goldman Sachs, from Wall Street to China, everyone knows it, everyone knows it."
"President Lu's name is also known to everyone from Hawaii to Alaska."
Xu Ziwang took a copy of "The World Is Flat" from his subordinates, "I'm your fan, can you sign it for me?"
Lu Fei signed the letter generously, but his vigilance increased accordingly. When the enemy starts to compliment and praise you, you must start to be careful.
After signing, the two groups of people entered the meeting room and sat face to face. Xu Zi looked at the uniform coffee over there.
On Lu Fei's side, he blew on the steaming water with a cup of tea, "My CFO told me that Goldman Sachs is asking $10 million for a 2.2% stake in Feigo.com. I'm a little confused?"
"Just a little doubt."
Xu Ziwang said solemnly: "Mr. Lu mentioned in the book that China's accession to the WTO will be integrated into the global division of labor and become the world's factory, and Feigo.com will make the products of the 'world factory' more efficient and unimpeded around the world.
But the global trade supports genuine products, Feigou.com is full of fake products, and many merchants manufacture and sell counterfeit and imitated Nike shoes..."
Lu Fei frowned slightly, as if he wanted to lower the price when he came up.
Leaving aside the fakes, he said: "Xu is always a returnee who studied abroad and has a successful career. Do you know how many people have been unemployed in Huaxia in recent years?"
Xu Ziwang said: "Probably more than 1000 million."
"No!"
Lu Fei shook his finger, "It's more than [-] million, or even more, because a large number of migrant workers are actually unemployed, but there is no statistics. Farming is the job of farmers. A small country has only tens of millions of people. If there are What will happen if half of the people are unemployed?"
Liu Yandong was horrified when he heard this, and stared straight at him with admiration in his eyes.
Xu Ziwang pondered for a moment, the other four people in the same row looked at each other, and one of the young people said, "Why don't you rent out the idle land?"
"Worthy of being a Goldman Sachs person, a talent!"
Lu Fei said angrily, and Liu Weidong and others felt that it was annoying and ridiculous, and their impression suddenly dropped, just like life was difficult, why not rent out the extra house, for a reason.
"I'm sorry, Mr. Lu."
Xu Ziwang immediately gouged out the young man who interrupted rashly, and he fell into the trap just after the negotiation started, and the initiative gradually deviated.
"My eldest brother and sister-in-law are all laid-off workers. It is quite difficult to earn a living and maintain a family."
Lu Fei's face is righteous and awe-inspiring, standing on the highest point of morality.
"The original intention of Feigou.com is to supply goods to the world, but there is a premise, that is, to benefit the world, so that more unemployed people can have food. Compared with manufacturing and selling fake goods, solving food and clothing is their main conflict. Some merchants It is inevitable that they have gone astray, and they really need to be corrected and severely punished.
However, Feigou is not the only company that sells counterfeit goods. Every e-commerce platform has them, Amazon has them, and eBay also has them, but the severity of the incidents is different. "
Seeing that he was offering the supreme moral sword, Xu Zi quickly raised the legal sword to A, and retorted: "But they have strengthened the supervision and resolutely cracked down on counterfeiting. Bad reputation."
"Indulgence? No, we have nothing to do with fakes!"
Lu Fei slammed on the table, the sudden sound startled the people of Goldman Sachs, then his painting style changed, and he said with a smile:
"But the tea needs to be sipped, the road needs to be taken step by step, and there must be laws to follow in cracking down on counterfeiting. Now the industrial and commercial administration and market order supervision agencies have just been established. What kind of counterfeiting and how to crack down on counterfeiting? We are a company and we must follow closely. national law."
Xu Ziwang never expected that he intended to use fakes and shoddy goods, condone the crackdown on counterfeiting, and kill Feigou.com's vigor, but Lu Fei's eloquence had already reached a state of perfection, as powerless as using the sword of the previous dynasty to kill the officials of the current dynasty. The holy sword of law was emptied.
"Feigo.com is not inaction. We have strengthened supervision. For fake products, the products will be removed from the shelves, refunded and paid, and the store will be closed and rectified. We have also established Jingdong Mall and introduced a large number of official authentic flagship stores... "
Lu Fei spread his hands, "Our counterfeit rate is decreasing, and the genuine rate has been steadily increasing."
Xu Ziwang took a sip of his coffee, calmed down, and gave the four "thugs" he brought with him a look, and they immediately charged into battle.
Liu Yandong, Zhang Yong, and Xu Lei wanted to help each other, but they realized that it was unnecessary.
I saw Lu Fei alone, drinking a cup of green tea, fighting with the Confucian scholars, opening his mouth to "empower, grasp, and settle", and shutting his mouth to "high-frequency touch, rapid iteration".
Internet slang one after another, Goldman Sachs' thugs are playing finance, not the Internet, they can't beat him at all, they can't open their mouths, because they can't even speak slang.
"Fakes must be suppressed at any time! If you don't suppress them, think about it, you have worked hard to build a brand, sweated and dreamed of getting rich, and suddenly you are counterfeited... So, insist on cracking down on fake platforms, It is a good platform!"
"What is the theory of consumer evolution? Natural selection, survival of the fittest."
"Get rich, people get rich, consumption continues to escalate, online shopping follows the trend, breaks barriers, upgrades positioning, opens up genuine product sales, good money drives out bad money, and counterfeit goods are fundamentally reduced..."
"Fake goods and e-commerce are the relationship between sunshine and flies. Open the window, users can enjoy the bright sunshine, and flies will fly in. It doesn't matter, we spend our efforts to beat the flies and leave. We can't just because we hate flies. , shutting out the sun..."
Lu Fei eloquently, with a loud voice, glanced at Goldman Sachs one by one, I am right, who am I afraid of, but he did not say Yu Zecheng's lines——
The real thing is so expensive, what's wrong with selling some fake ones?
Liu Yandong and Xu Lei looked at each other, carefully savoring the quotations of the most holy teacher, Master Lu, which seemed to make sense, but they felt something was wrong.
Xu Ziwang felt that he was in class. Although he couldn't understand it, he was greatly shocked. He really deserves to be a master who can write "The World Is Flat"!
"About Feigou.com, do you have any questions? Just ask, and I can answer them."
Seeing the silence in the hall, Lu Fei drank the first sip of tea since the meeting and moistened his throat.
Who else!
(End of this chapter)
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