I stole someone else's ticket to rebirth

Chapter 190: Were they not together after working together for a long time?

Over at the house Jiang Banxia rented, Li Yang stretched out his hands and made a shaking gesture.

"Master Jiang, look, my hand has changed into your shape."

Jiang Banxia buried her head in the pillow and said nothing.

God knows how such shameful words came out of Li Yang's mouth openly.

"Master Li, Wanliu Capital's current capital scale has reached 10 billion."

The movements of Li Yang's hands suddenly stopped.

It’s only been two days, already 10 billion?
Jiang Banxia added: "But 4 billion is my own capital."

This makes it somewhat understandable. After all, Jiang Banxia is very popular, and Li Yang has created a lot of topics recently, creating her character as a top rich woman.

The initial scale of 6 billion is indeed Tianhu's start, but the subsequent growth will all depend on Jiang Banxia's strength.

As time went on, she slowly collected nearly 50 million chips.

The so-called demon stocks are all about capital. The willingness of capital to make orders today is not very strong, which is also a good opportunity for her.

After resting all night, Jiang Banxia started her new work day.

But it was quickly smashed down.

Generally, this kind of statistics does not include private equity.

Jiang Banxia squinted her eyes, as if she were a flower waiting to bloom.

I am still a little nervous today, after all, it is quite tiring to open a position from scratch.

Then she continued to use 30 million funds to move up the stock, this time by six points.

There are a lot of rumors on the Internet that the national team is coming to rescue the market, but no matter how much marketing is done, few investors are willing to enter the market.

At this time, she started her own operation.

Jiang Banxia said: "There are a lot of prefixes."

However, it is only in the scale of tens of billions, and none exceeds 50 billion.

But it was still smashed down.

At present, there are only 20 million admissions.

However, for public funds, it is definitely profitable to ensure income during droughts and floods.

However, the more it took over, the more chips were thrown out, and the stock price failed to rise.

At the end of the first day, the fund’s net value fell slightly by 0.04%.
At the end of the next day, the fund's net value fell slightly again by 0.03%.
A lot of voices have begun to appear on the Internet. After all, Jiang Banxia has enjoyed the benefits of fame, but has to bear the backlash of fame.

Before Jiang Banxia entered the market, the stock had already doubled. At this time, during the adjustment phase, more than 30% of hands were changed every day.
A small company with a market value of more than one billion was suddenly hyped to nearly four billion.

She can completely fill up her position. The market value of the fund is 4 billion, and she can use close to 200 million.

First of all, I used 30 million funds to directly sweep up the stock, and gained five points in a short period of time.

There are also many female fund managers in China, and there are two who manage tens of billions of dollars.

Jiang Banxia started reviewing the situation yesterday and was mentally prepared for this situation.

If she doesn't make money, someone might want to redeem it despite paying high fees.

So, on the fourth day, she started high-frequency trading, and the first person to enter the game was Yao Shareholder Communication in the second half of the year.

"Haha, there are already many tens of billions of fund managers. If you want to remove the prefix, you can only go for hundreds of billions."

There is only one chance. Once you fail once, no one will believe in the effect that character design can bring.

She used to do high-frequency trading, which was not a good fit for public offerings.

They are here to make a fortune. You, Jiang Banxia, ​​should have the ability to turn decay into magic.

It is impossible for her to stay up late at the company. The main battlefield is still in A-shares. After all, the QDII fund has a total scale of US$200 million.

And it is not the kind of management of a single fund, but the combined scale of multiple funds.

Regarding the QDII fund, she hired other fund managers to give them good ideas in advance.

On the third day, the net value of the fund fell slightly by 0.08% again. Jiang Banxia finally couldn't bear it anymore!
She doesn't want to play the public offering game anymore.

After arriving at the company, the first step was to confirm the subscription share and determine the funds to be operated today, and then communicate with the trader some details and the target to be done today.

After today's opening, Oriental Communications opened five or six points lower. The market was constantly selling chips, and Jiang Banxia took over.

Her strategy is to follow the minimum position of public funds. Public funds cannot have short positions of more than 35%. She plans to hold positions around 70% to adapt to the rhythm of public funds first.

In fact, the market conditions have been very poor recently, not to mention the sluggish trading volume. The last time the limit of 1,000 shares fell was only two weeks ago, and the haze of the stock market crash has been lingering over the entire market.

But this is the time when techniques are put to the test.

It’s just that once you don’t get famous this time, it will be difficult to expand in the future.

The market conditions have been very bad these two days. If Jiang Banxia can stabilize, it will already surpass 95% of the funds on the market, but netizens are still not satisfied.

Jiang Banxia entered the game at this time, and the timing was actually not very good.

"Congratulations to Master Jiang for becoming the youngest female fund manager worth tens of billions in China!"

The third time, she directly placed an order of 180 million at the bottom.

This number is very subtle.

The previous two purchases were worth 60 million, and a lot of funds were seen. Now another 180 million has been listed, making it clear that they are not a family.

After all, with a position of 260 million, it was time to raise his hand.

Raising a sign on such a monster stock?
The people inside didn't care much about the large sums of money that had been invested before, because they only came to one house and couldn't raise it, so they might as well take the opportunity to cash out.

But now, two families have arrived, and the sedan can continue to be carried.

And Jiang Banxia was betting that those people would not dare to pay the price she accepted.

After her side listed 180 million, the frequency of chip selling began to decrease, and she continued to take chips above, always maintaining a position of six or seven points underwater.

After taking another 20 million, she calculated her position and found that there were more than 50 million left before she could raise the card. Without any hesitation, she directly jumped in with 50 million, and pulled it up by nine points.

Pulled from six points underwater to three points above water.

Under this situation, many retail investors who were waiting and watching rushed in, and the previous bookmakers inside knew that the momentum could no longer be stopped, and immediately changed from short to long, and jointly swept the goods to prevent too many chips from falling into the hands of retail investors.

Closing the board is a matter of course. Although there is not much money to close the board, it looks like it may be opened at any time.

But until the close of trading, there was no opening.

The net value of Wanliu Mixed Selection Fund increased by 1.23% that day.
Li Yang doesn't know the fund's holdings, but he pays attention to the fund's net value every day.

When he saw that the net value of the fund had increased so much, he knew that Jiang Banxia couldn't bear it anymore.

There is nothing good or bad. If Jiang Banxia likes this model, she can do it.

No matter whether it is suitable for public fundraising or not, no matter whether it is suitable for tens of billions or even hundreds of billions of funds, making money is a good trading model.

On the fifth day, the net value of Wanliu Mixed Selection Fund once again rose by 1.08%.
In the current market, Jiang Banxia robs hundreds of millions of profits from the market every day, which is already a very scary figure.

On Saturday, Li Yang came to the office rented by David as agreed.

The current ofo yellow car only has one office, which adds up to more than 20 square meters, which is enough to prove how short of funds they have.

But it did not affect David's determination to make money.

A small office was already crowded with people who were interested in the bike-sharing industry.

This is also David’s confidence.

After Li Yang arrived, he enthusiastically invited Li Yang to come and sit down. When Li Yang saw this formation, he knew that he would definitely be alive today.

Generally speaking, financing is done privately by shopping around and signing an agreement with whoever offers the higher price. There is no way to bring all investors together.

But David did it.

After he sat down, he didn't say hello to the people around him, because everyone was a competitor today.

David stood nearby and took out a writing pad.

Seven or eight people moved small benches and sat next to him, surrounding him. David first bowed to the surroundings and said: "Thank you very much for being able to come here despite your busy schedule. The company is currently in the stage of rapid expansion, so the funds used in the office are limited. Please forgive me for the poor hospitality here."

For something like this that requires real money, no one is interested in polite words.

David quickly got to the point, took out his writing pad, and said: "Everyone, please allow me to introduce to you the little yellow car ofo. We originated from Beijing University and currently cover Beijing, with more than 600,000 registrations. user……"

He talked about the business philosophy of a small company with a valuation of only tens of millions for more than half an hour. According to his description, the company was committed to greatness, subversive and pioneering.

It wasn't until the end that we came to the key point, which is the current company's equity division.

The angel round took out 20% of the shares and received million in financing, which meant that the entire ofo small yellow car market was valued at million at that time.

But now, the valuation of ofo’s little yellow car is around 30 million, and David is preparing to raise %
It’s similar to a certain fish. Once someone takes 30% of the shares, the 20% of the shares held by the angels will become 14% of the shares, while David’s original 80% of the shares will become 56%.
Theoretically, it only costs 30 million to acquire % of ofo's shares. At least in this round, it is very cost-effective.

It’s just that David called so many people over and never thought about only taking 9 million.

After David finished speaking, Li Yang said: "Senior, I am personally prepared to pay 15 million."

He immediately raised the valuation to 50 million.

Everyone around is confused. If you do this, how can others have fun?
Although the valuation of 50 million is within a reasonable range, it has obviously reached the limit of reasonableness and leaves no room for others.

Even if the same valuation of 50 million is given, it seems like rushing to the shelves.

As soon as Li Yang finished speaking, someone next to him said: "Mr. Dai, our Yuancheng Capital can provide 18 million."

At this time, it is no different from catching up with the market at the vegetable market. After all, this is what David wants.

Li Yang even suspected that this so-called Yuancheng Capital was a navy team invited by David.

Damn it, given a valuation of 60 million, it’s too late to live?
This is just the A- round. There will be A-rounds and A+ rounds later. Now it’s 60 million. Does the A-round have to be valued at 500 million? Does the A+ round have to be valued at 3 billion?
Someone else said: "Mr. Dai, Shunwei Capital can provide as much help as we can. You also know Shunwei Capital's investment status over the years and the resources we have at our disposal."

Li Yang glanced at the representative of Shunwei Capital, because this company belongs to Mr. Lei.

Rice Technology is owned by Mr. Lei in the name of Shunwei Capital.

Mr. Lei would basically invest in companies started in the capital, some more and some less.

Shunwei Capital said that if it has the resources in hand, it will definitely not be bad.

The resources in their hands are definitely not comparable to a mere few million. Li Yang obviously saw that David was paying more attention to Shunwei Capital.

At this time, Li Yang said directly: "Senior, I can come up with 21 million."

David said: "Junior, your reputation is known to everyone here. I am also very grateful that you can give such a high valuation to the little yellow car ofo. If junior is willing to help promote it, I believe there is no one better than you here today. The advantage is greater.”

Li Yang smiled and said: "Senior, I just have some spare money. In terms of publicity, I really can't do anything."

Li Yang can take advantage of Ofo's profit points, but he will not actively promote this scam.

If a lot of people paid deposits because of his promotion, and they can't get them back later, it's his responsibility.

He would rather not invest than help promote it.

David was surprised. Isn't this just a simple effort?
He thought for a while and said to the people around him: "To be honest, the biggest shortage of ofo's yellow cars at present is funds. Other resources are not available for the time being, except for publicity and promotion. So today, in theory, the one with the highest price will win." ”

Li Yang has already paid such a high price. David originally wanted to cooperate with Li Yang, so there was no reason not to side with Li Yang.

Of course, it would be a good thing if Shunwei Capital provided more money.

However, after he said this, several companies immediately stood up, especially Shunwei Capital, and said: "Mr. Dai, it seems that there is no chance today. I hope that Shunwei Capital will have the opportunity to cooperate next time. "

To put it bluntly, ofo's little yellow car is now a very small project. Shunwei Capital has a scale of tens of billions, so there is no need to start at this time.

After all, who can guarantee that this model will continue smoothly?
The next round of financing means that this model has been further verified. Although the price will be higher, the risk will be several times smaller.

Several other companies also said they wanted to leave.

When there were only three people left in the office, Li Yang stood up and said, "Senior, how about our cooperation?"

The price of 21 million is indeed a bit high, but it doesn't matter to Li Yang.

David held out his hand, ready to shake.

But at this moment, Cen Yezhen stood up and said, "Mr. Dai, our Yuancheng Capital is willing to pay 24 million!"

Li Yang: "..."

David: "..."

Both of them were confused.

The reason why David was confused was that he didn't expect Yuancheng Capital, which was not well-known, to be so generous.

And Li Yang discovered that Yuancheng Capital was not the same group as David?

Depend on!
If Yuancheng Capital and David were working together, raising the price once would be the limit, and it would be impossible to raise the price again and again.

Especially now, he is the only one left in the entire office, and David is no longer qualified to raise the price. If he continues to raise the price, he will only suffer in his own hands.

Suddenly, a little-known Yuancheng Capital appeared, and it was so desperate to give the price. What was it for?
Given a valuation of 80 million, David could wake up laughing from his dreams at night.

But for Yuancheng Capital, the money is just like wasting money, because their shares will still be diluted in the next round, and if they want to maintain the share ratio, the cost will be even greater.

Wouldn’t it be nice to save your funds for one more round?

This Yuancheng Capital is unprofessional!

Shunwei Capital would rather provide other resources than raise prices. This is the purpose.

As for Li Yang, he just wants to get as much dividends from a round of financing as possible just to understand the future.

Each round of financing represents every stage of success.

Just like the angel round, the guy who spent 14 million, even if the equity will be diluted to % this time, according to the market valuation, it is still worth to million, which is equivalent to making double the investment in a few months.

If it were based on the 80 million valuation given by Yuancheng Capital, the profit would be five or six times more.

It is impossible for Li Yang to raise the price.

Even though David didn't reply to Yuancheng Capital, but looked at him.

He added that even if he knew how to make money, others would regard him as a fool.

He smiled and said to David: "Congratulations, senior. At this price, I can no longer compete with you. I look forward to the opportunity to cooperate with the senior in the next round."

When the dust settled, Li Yang stopped adding money.

David said a few polite words and sent Li Yang off.

As for what the two sides talked about later, Li Yang didn't bother to know.

In the evening, while giving Jiang Banxia a massage, Jiang Banxia said, "Master Li, have you finished your work today?"

"It's done."

"Then should I congratulate Master Li?"

"Shit, someone cut me off. Someone was trying to raise the price. I didn't bother to increase it in the end."

"Huh? Since Master Li feels that there is an investment opportunity, even if the price is higher, he will definitely make money, why not?"

"What if that guy was hired by David? I kept raising the price over there and looked like a fool. If they are willing to raise the price, just let them do it."

Jiang Banxia thought for a while, "Actually, I think the sharing mode is really good."

Li Yang said with a smile: "It is true that the sharing model can provide convenience to many people, and there will be more resource points that can be developed in the future. But... what is really powerful is not necessarily shared bicycles."

Li Yang knows very well that sharing bicycles is not profitable enough, otherwise David would not run away.

Even with a deposit of several billion, the cost of distributing bicycles across the country cannot be evenly spread.

The most important thing is that the utilization rate of shared bicycles is very low and the losses are very high.

What really developed later was shared battery vehicles and shared cars.

The most profitable thing is the shared power bank!
That stuff always makes money!

It costs two yuan an hour, and the maximum charge is thirty yuan. It doesn’t matter if you don’t return it within 24 hours. The power bank is sold to you.

Jiang Banxia looked at Li Yang curiously and asked: "Master Li, don't you want to talk about sharing your girlfriend? Everyone knows that this industry makes money, but it is illegal!"

(End of this chapter)