Wind Rises 2005

Chapter 537 Just follow me
In terms of qualifications and background, the investors here are much better than Ma Liang; in terms of the amount of funds at hand, no one will lose.

But if you look at the investment performance, then all the people put together are not enough for Ma Liang alone.

After all, no matter how awesome the project you invest in is domestic, it will only be limited to the domestic market.But Twitter is different. Now its business spans the world.

This is like Google and Baidu. One only does Chinese searches, but the other provides services to the world.

The difference in market scope inherently determines the future development ceiling of the project, and also determines the difference in the future commercial value of the project.

Therefore, no matter how good the investors here are, their performance in the field of venture capital in a short period of time cannot surpass that of young man Ma Liang.

After all, they invested in Twitter as an angel and supported its development.

Under Ma Liang's saucy operations, Twitter is developing at an unparalleled speed.

The global venture capital circle is now increasingly optimistic about Twitter, and many people even regard it as the next Internet giant.

Once Twitter reaches the top, Ma Liang will receive returns that will be the envy of all investors around the world.

This means that if the investors in the conference room cannot invest in a technology project that is better than Twitter, then they will always be defeated by Ma Liang.

In the business field, regardless of seniority or age, we have always adhered to the value of those who achieve first, and whoever makes more money will be the best.

So when they heard that Ma Liang was actually going to invest in [Kaixin.com], everyone was stunned.

We are not fools. Whether we really want to invest or not, there is no way to fake it. There is no possibility of making false claims.

After all, once the TermSheet is signed, the investment institution can apply for due diligence. If it is a scam, it can be found out in minutes, and the investment process can be terminated at any time.

In a fickle world like the venture capital circle, who doesn’t do business cautiously?

Not to mention signing a Term Sheet, even if you sign a formal investment agreement, it will only take a minute for the investment institution to regret it, and this situation is not uncommon.

So no one thought that Chai Jin was talking nonsense at this moment. After all, Ma Liang was also sitting at the scene.

Since it wasn't fraud, the guy couldn't figure out why the other party could accept such a high valuation offer.

Are you young and don’t know how to do it?Or has it expanded?
As soon as this speculation came up, everyone rejected it one after another.How can an angel investor who can single-handedly support Twitter be so superficial?

Everyone was extremely surprised. At this time, only two people had calm expressions, as if they were deep in thought.

One of them is Ma Liang's old friend, Deng Feng of Northern Light Venture Capital, and the other is Zhang Sanshi of Hillhouse Capital.

Deng Feng only pondered for a moment and then spoke up: "Since Mr. Ma has already invested, I can't let go, so I'll just invest 500 million US dollars for fun."

As soon as he said this, other investors became even more uneasy.

After all, Deng Feng is not an ordinary person. In the past two years, Northern Light Venture Capital has supported more than one listed company.

In China's local venture capital circle, Mr. Deng is also a golden brand.

But this big boss actually said that he would follow up, and the investment was still 500 million US dollars. How could everyone not be shocked?

"Haha, Mr. Deng and I coincide with each other!

And I’ve been fairly well off lately, so I’ll invest a little more, maybe 1000 million US dollars.

Everyone, this is not too much..."

The person who spoke was none other than Zhang Sanshi from Hillhouse Capital, who was sitting next to Deng Feng.

This boss may have easy money, and his investment style has always been so bold. He actually invested 1000 million US dollars in one investment.

You must know that Ma Liang only invested 300 million US dollars. Chai Daguan had to beg for a long time before he added a little more.

Otherwise, he only plans to invest 1000 million RMB and be done with it.

Even though Zhang Sanshi is not particularly famous now. After all, there are not many successful investment cases, his investment of 1000 million US dollars seems to be an extraordinary investment.

He and Deng Feng's chorus made other investors look stupid.

If it is possible to say that Ma Liang is a shill, it is impossible to say that Deng Feng and Zhang Sanshi are both shills.Even if it is childcare, I don’t have to pay so much money to be a childcare provider.

Good guy, these three shills have almost taken two-thirds of [Kaixin.com]’s current round of financing. Whose shill is so arrogant?
If you add in the US$300 million invested by [Tianhao Capital], the remaining shares in this round will not even reach 1000 million.

This made everyone unable to react immediately. You looked at me and I looked at you, big eyes staring at small eyes, sitting there in a daze.

"Mr. Chai's words make sense. Either you don't invest, or if you want to invest, just invest enough. Let's do this. Sina will also invest 500 million US dollars, just for fun..."

The person who suddenly spoke at this moment was Sina Vice President and CFO Yu Zhengjun.

He was personally invited by Cheng Binghao. After all, Cheng Binghao once served as a senior executive at Sina, so he still has some respect.

What's more, Sina is also willing to explore some new businesses in the investment field to make up for its own shortcomings in product ecology.

But what Yu Zhengjun said completely ignited the silent atmosphere in the conference room.

The investment tycoons, who had been silent at first, were really anxious now. After all, no one expected that this would be the case.

At first, everyone thought that today was a big deal. [Kaixin.com] had just been launched and had only a few users. It wanted to raise US$3000 million. It was not something that could be achieved so easily.

It is inevitable to bargain and finally have to play a game to complete the financing round.

But they are still close to reaching the financing target at a speed that is visible to the naked eye. It is really a slap in the face of silent people like them every minute.

Kuang Ziju, the founding partner of Qiming Venture Partners, couldn't help but asked: "Mr. Deng, you are the first to respond. Can you help us who are slow to respond?"

It is normal for Sina to follow the investment. After all, Cheng Binghao was also the CTO of Sina before.

But why Deng Feng and Zhang Sanshi were so on the pole, and their shots were not small, made him very puzzled.

"Haha, Mr. Kuang, you don't have to be so particular. I just watched Mr. Ma vote, so I just followed suit. After all, this is not the first time Mr. Ma and I have cooperated."

Deng Feng was not stupid, so he would not tell the truth honestly.The reason why he followed the plan was that he actually had the same plan as Ma Liang.

Goose Factory currently dominates the domestic social scene, but this situation is not so stable.

If Kaixin.com can get involved, or even counterattack and rise like Twitter, then for investors like them, wouldn’t it be another opportunity to make a lot of money?

Even if Kaixin.com fails to succeed in the Goose Factory in the end, the worst result is that it will be merged and acquired, which will not cause much loss to investors.

Wouldn't it be a fool not to do this kind of business that is sure to make money without losing money?

You must know that a capital situation like today is not something you can encounter if you want. Even if it is in the United States, it depends on luck.

It's like there is only one Twitter, but the only one who can invest in it early is Ma Liang.

The investors who follow up are all close to Ma Liang. There are so many large investment institutions in the United States. Even if they want to invest in Twitter, they still have to queue up.

Therefore, if you don’t play the [Kaixin.com] game, you will be wasting a good opportunity.

For a mere US$300 million, Deng Feng didn't take it seriously at all.Even if he loses everything, he can still afford it.

If [Kaixin.com] really takes off, the follow-up will be great.

Deng Feng's answer made Kuang Ziyao very dissatisfied.He was about to continue asking, but Feng Bo, the founding partner of Lianchuang Ceyuan, was more eager than he was and asked Zhang Sanshi directly.

"Mr. Zhang, what about you? This 1000 million US dollars is not a small amount for you, right?"

"Hey, I'm actually the same as Mr. Deng. Even Mr. Ma is optimistic about the project, so just follow it!"

Zhang Sanshi also laughed without any explanation.

But in the eyes of other investors, his smile seemed even more enigmatic.

　The next chapter will be a little late, sorry!

　　
　
(End of this chapter)