Wind Rises 2005
Chapter 630 The stars hold the moon
Chapter 630 The stars hold the moon
Magic City, Lujiazui, Pudong, 88th floor of Jinmao Tower, Grand Hyatt Hotel.
In 2008, when commercial real estate was just taking off, even in the international metropolis of Shangtan Beach, there were not many truly high-end five-star hotels.
But no matter how it is ranked, Grand Hyatt Hotel can still be ranked among the top three due to its geographical location.
At least at this stage, Jinmao Grand Hyatt Hotel is definitely one of the first choices for high-end business banquets and conferences.
Tonight, Capital Today's LP conference is scheduled to be held in the banquet hall of the Grand Hyatt Hotel.
As a star investor in the Huaxia Venture Capital circle, Xu Xin has a wide circle of friends and contacts all over the country.
Therefore, tonight’s LP conference is really attended by many industry leaders.
If you pick a random person, they will be sought after by countless people outside, and most of the companies they have invested in are names that are familiar to the public.
Although the subprime mortgage crisis has had a great impact on the global economy, it has not hindered the success of investment tycoons.
At least the guests invited by venture capital queen Xu Xin all have backgrounds that are different from ordinary people.
Even if the impact of the subprime mortgage crisis is greater, at most it will only make people invest less or not invest in projects in the past two years, and it will not affect the quality of life and status of the big guys.
Therefore, Capital Today’s LP conference is destined to be crowded with big names and very lively.
In addition to the attendance of well-known investors from all walks of life, Xu Xin also invited the founders of projects he has invested in to participate in the grand event.
As the founder of Goudong, Brother Dong was naturally among those invited today.
Because Capital Today has also invested in Goudong, even the Queen of Venture Capital has a special regard for Brother Dong, otherwise she would not invite him to the meeting.
Moreover, Brother Dong came here tonight with a mission, not just for a formality.
Seeing that the LP conference was about to open, Xu Xin specially pulled Dong Ge aside and warned: "When I finish speaking later, I will lead you to get to know a few big-name investors.
Whether you can successfully raise funds next depends on your performance. "
"Don't worry, Mr. Xu, I know what to do." Brother Dong nodded when he heard this, but his eyes didn't reveal much confidence.
Seeing Xu Xin walking away to socialize again, leaving him alone, he felt even more unsure.
Although the subprime mortgage crisis had little impact on the personal lives of capital tycoons, it was a devastating disaster for entrepreneurs.
Money is tight in the market, and investment institutions have also tightened their funds. Recently, they have hardly invested in projects. It is extremely difficult for startups to raise funds.
Not to mention that Goudong has just started now, and Brother Dong himself is not a second-generation person, so the road to financing is even more difficult.
In order to raise funds during this period, Dong Ge found a total of more than 70 investment institutions. At most, he met more than 40 investors in a week, but all ended in vain and no one paid any attention to him.
Coming to Capital Today's LP conference today can be regarded as his last hope.
If it cannot raise more money, the company's capital chain will be broken, and bankruptcy is not far away.
The US$10 million raised from venture capital queen Xu Xin was basically used by Brother Dong on the construction of warehousing and logistics, which is very expensive.
Nowadays, during the financial crisis, the bullets in the hands of investment institutions have become increasingly precious.
Unlike other competitors who generally choose the more profitable light platform model, Goudong's long-term development path of full categories plus self-built logistics has scared away a number of investors who hope to obtain quick returns.
This also led to the fact that no one dared to invest in Dongge for a while, and financing was frequently frustrated.
Although Goudong’s business model is similar to Amazon in America, the asset-heavy model is still not favored by the capital market.
Even though Amazon has already been listed, isn't it still burning money?
There is no expectation of profit in a short period of time, and it can even be said that it is far away. This is true for Amazon, let alone a newbie.
Therefore, investment giants are not optimistic about this crazy money-burning model at all, and it is even less possible to invest money.
After all, if Goudong wants to develop, he needs too much capital.
There is no point in investing too little, but if you invest too much, you are afraid of losing everything. Capital bosses are not stupid, so naturally they don’t like Brother Dong very much.
So after meeting dozens of investors in a row, Brother Dong felt almost desperate. Some time ago, he took his employees around to discuss financing, and even his voice became hoarse. In the end, the employees cried and said to him: "Mr. Liu, why don't we forget it? If it doesn't work, we won't raise financing. We can just make the company smaller." of."
But how would the employees know that Goudong is now riding a tiger and is destined to die if he doesn't succeed?
Because the logistics system is a gold-swallowing beast, the daily operating costs are very high. Without follow-up funding, it will not be possible to operate even on a small scale.
Faced with the situation of having no way to raise funds, Brother Dong was so worried that he had a bunch of gray hairs.
If the Queen of Venture Capital hadn't been encouraging him to persevere, he wouldn't have had the courage to show up at the LP conference today.
Seeing the investment tycoons present calmly, chatting and laughing, he really didn't have any confidence at all.
After all, Brother Dong is now considered an insider in the venture capital circle and knows the current situation very well.
Illusions, all illusions...
Regardless of the number of investment tycoons present, there were only five or six of them. In fact, most of them had been frightened by the subprime mortgage crisis and had licked their wounds many times behind their backs.
Projects previously invested by various investment institutions cannot be cashed out, resulting in landlords having no surplus food.
There are also many entrepreneurial projects that could not survive this wave of global financial crisis and went bankrupt, causing many investment institutions to suffer heavy losses, and in more serious cases, they even lost all their money.
So Brother Dong has no confidence at all whether he can get financing tonight.
Because even the famous venture capital queen is no longer rich, otherwise, today’s capital would not even be willing to invest a mere 20 million US dollars in him.
Brother Dong stood silently in the corner with a glass of red wine in his hand. He did not go up the pole to chat with the big guys, which would definitely bring trouble to himself.
Because he knew very well that if the venture capital queen didn’t help introduce him, who would treat him as a dish?
I still waited for Xu Xin to help me brush my face, hoping to get some surprises.
Just when Brother Dong was wondering if some miracle could happen for a while, there was a sudden noise at the entrance of the banquet hall.
He looked up and saw an old man and a young man walking into the banquet hall surrounded by people.
The pace of these two people was not fast, because there was an endless stream of big guys greeting them along the way, and they needed to stop and say polite words from time to time.
The strangest thing is that all the capital bosses present have put away the arrogance they had before, and their attitudes have become very attentive.
Everyone can see the flattering look on his face.
What surprised Brother Dong even more was that no matter who the big guys came up to greet him, they all seemed to respect that young man.
On the contrary, the distinguished older man next to him followed him and became a foil.
Seeing the young man being welcomed into the center of the banquet hall by a group of big shots, Brother Dong felt extremely curious.
Could it be the young master of which family?
After living in the capital for so long, his father-in-law is also a cadre within the system, so he naturally knows some unknown inside stories.
But he couldn't remember which one could overlap with the person in front of him.
Brother Dong was very sure in his heart that if there was a young master from a certain family who was so good that all the capital tycoons flocked to pay attention to him like he is now, it was impossible that he had not heard of it before.
Just when he was still wondering secretly, the Queen of Venture Capital came over quickly.
"Qiangdong, come on, come with me and say hello to Mr. Ma. Whether you can successfully raise funds tonight is all a matter of his words..."
"Ah?" Brother Dong was immediately confused when he heard this, "Mr. Ma? Which Mr. Ma?"
He became even more confused when he heard that his surname was Ma.
There is no young master named Ma in the capital who is so awesome, and there seems to be even less in the Magic City.
Xu Xin couldn't help but roll her eyes when she heard this, and immediately asked with hatred: "Which Mr. Ma are you talking about?
Apart from the one from Gale Capital, who else can be the young man who can make the capital tycoons in the domestic venture capital circle so powerful? "
(End of this chapter)
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