Gold Investor

Chapter 3 The Age of Capital (2)
Fang Yubin took a puff of cigarette and said, "I know, you are a good man with a sense of responsibility. In addition, I can also see that you are a real businessman now, and inviting me to dinner is not just to reminisce about the old days!"

He Zhaowei laughed: "I can't hide anything from you, so I'll tell the truth." He went on to say: "The experience of the past few years has made me feel more and more that if an Internet company is not tied to a powerful investor Together, it’s really hard to make it bigger.”

He Zhaowei added: "I am very confident in my software, but I still have a short amount of funds to capture the national market. I wonder if there is any possibility of cooperation between us?"

Fang Yubin pondered for a while, and said: "You have said it just now, Rongding never works as an angel investor!"

"Don't look down on people!" He Zhaowei said, "At least I'm starting a technology company now, it's not just a small business. My goal is to go public within five years."

Fang Yubin smiled and said, "IPO in five years? We all know a saying, the ideal is full, but the reality is skinny."

He Zhaowei seemed to be angry: "I can't understand the behavior of the investment company! I'm not here to beg my father to sue my grandmother, but to give you a chance to make a fortune. Whether you can catch it depends on your eyes. "

He Zhaowei said loudly: "Hillhouse Capital once invested 2250 million US dollars in JD.com, and JD.com was listed on Nasdaq. 39 million US dollars, and now the valuation of this share is 2000 billion US dollars. During the development of Tencent, IDG and Yingke Digital have both invested in it. After two years, they cashed out and made more than ten times the profit. I regret it. Because MIH, the South African investment giant that took over IDG and Yingke Digital, has reaped 580 times the return on the Tencent project, with a net profit of 1500 billion U.S. dollars. Don’t look at you now, you missed my project, there is no place Buy regret medicine!"

"Don't get excited!" Fang Yubin said, "Tell me first, what's going on with that mobile social software?"

He Zhaowei drank a glass of beer and began to talk endlessly...

2 People with folded pages on their business cards are not optimistic about investment companies
Early on Monday morning, Fang Yubin rushed to the company.Yuan Ruilang, general manager of Rhodium Capital Shanghai Company, went to Beijing on a business trip for more than half a month, and just returned to Shanghai last night.The office called and said that Mr. Yuan would attend the regular meeting on Monday, and the heads of all departments must attend.

Fang Yubin has the kindness of Yuan Ruilang, who came from a family of high-level intellectuals in Beijing, and his parents are both university professors.Yuan Ruilang not only has excellent grades, but also looks talented. He is tall and tall, and he was the main midfielder of the Tsinghua football team when he was in college.After leaving Tsinghua University, Yuan Ruilang chose to go to the United States for further studies.During the eight years on the other side of the ocean, he not only completed his master's program at a prestigious Ivy League school, but also entered an investment bank and became a Wall Street elite.Later, Yuan Ruilang returned to China and served as an executive of a securities company.

At a financial industry summit forum, Yuan Ruilang met Ding Yifu, chairman of Rongding Capital.Under Ding Yifu's vigorous recruitment, Yuan Ruilang joined Rongding as the assistant to the president.After working in the Beijing headquarters for one year, he was sent to Shanghai as the general manager of the Shanghai company.

Yuan Ruilang is not only a successful professional manager, but also recently became a popular Weibo star with millions of followers.On Weibo, in addition to showing pictures of his business trips and travels around the world from time to time, he also talks about education and life, and expresses his views on hot news, as if he has become a "youth mentor".

Fang Yubin came to the conference room 5 minutes earlier, and the person beside him asked, "Director Fang, what will President Yuan talk about in today's meeting?"

Fang Yubin said: "How do I know what Mr. Yuan is talking about?"

"You are the one who fully understands the leader's intentions and implements them in the most timely manner. Why are you humble today?" Another colleague said.

Fang Yubin showed displeasure: "This is not modesty. What you know is what you know, and what you don't know is what you don't know. How can I talk nonsense about what I don't know?" He knew that Yuan Ruilang's promotion of him made many people jealous.A year ago, Fang Yubin was appointed as the deputy investment director. Some people commented that in a big company like Rongding, there are many famous college students and even returnees from Wall Street.At that time, Yuan Ruilang said lightly: "Soros University is studying philosophy. Those of you who came from famous universities in finance, are you better than others?" Only then did the opponents shut up.

Shortly thereafter, the investment director of the Shanghai company was transferred to the headquarters.Fang Yubin was unable to fill the vacancy because his academic qualifications did not meet the requirements.Yuan Ruilang did not arrange a new director, but asked Fang Yubin to preside over the work as a deputy.As a result, some people in the company are even more jealous.

For Yuan Ruilang's promotion, Fang Yubin is naturally grateful for the death of a confidant.For the jealousy of the outside world, he often fights back with a tough stance.

The meeting lasted all morning, and Yuan Ruilang listened to reports from various departments one by one.Those middle-level cadres who had neglected their work were scolded by Yuan Ruilang so that they couldn't hold their heads up.After the meeting, he called Fang Yubin to the office again.

Yuan Ruilang was addicted to cigarettes. He lit a cigarette and said, "This Hua Zixian is so crazy! Last week when you went to Jiangzhou, he even sent a department manager to deal with it. Jump up."

Yuan Ruilang has been dissatisfied with Hua Zixian for a long time.Although the investment in Jinsheng Group is nominally in charge of Rongding Capital Shanghai Company, Hua Zixian and Ding Yifu, chairman of Rongding Capital, are old comrades-in-arms and have been friends for more than 20 years. Relying on this relationship, Hua Zixian often puts Yuan Ruilang stood aside.

"We have to let the surname Hua suffer a bit." Yuan Ruilang said, "Take out 10% of the Jinsheng shares we hold and sell them for cash. Taking advantage of the stock price being so high, it is a good time to leave the market with a profit. Timing. In addition, it can also be used to suppress the stock price, and you can’t let him do things.”

Fang Yubin nodded, but there was a hint of doubt in his eyes.Yuan Ruilang was aware of Fang Yubin's concerns, so he waved his hand: "Do it boldly, Mr. Ding is also very annoyed by Hua Zixian's crazy stock price speculation, and he nodded and agreed to this plan."

Yuan Ruilang also warned: "Pay attention to methods when selling, and don't make a big fanfare. After all, we are still shareholders of Jinsheng, so we can't let the stock price fall too much."

"I understand." Fang Yubin agreed, but did not turn around and leave.

Yuan Ruilang asked: "Do you have anything else to do?"

"One thing." Fang Yubin said, "Last week, an old classmate approached me. He developed a mobile social software, and the market responded well. He hopes to introduce an investment to help it quickly open the market."

Fang Yubin also said: "Because of the relationship between classmates, I have a lot of worries, worried that others will say that there is no distinction between public and private. But after listening to his detailed introduction, I feel that this software does have potential."

Yuan Ruilang waved his hand and said, "Tell me about the specific situation."

Fang Yubin said: "My classmate is He Zhaowei, and he founded a company called Accelink Technology. He developed a mobile phone software that can integrate social networking, voice communication, e-commerce, and personal financial management."

Yuan Ruilang stubbed out the cigarette butt: "Leave technical matters to professionals to judge. Since we are old classmates, we should be familiar with each other. Tell me about this He Zhaowei, what kind of person is he?"

Fang Yubin sorted out his thoughts, and then told his old classmate He Zhaowei from an objective point of view as much as possible.Yuan Ruilang listened carefully and interjected from time to time to ask questions.

After Fang Yubin finished speaking, Yuan Ruilang asked again: "Do you have He Zhaowei's business card?"

"He gave me one that day." Fang Yubin took out his business card and handed it over.

Yuan Ruilang took another cigarette and took a deep breath: "Investment has three criteria: the first is people, the second is people, and the third is people. Investing means investing in people, investing in the team!" He paused, and then said: "In my opinion, there are three kinds of people who are the most worthy of investment."

Yuan Ruilang went on to say: "The first type is people with a good face. The so-called good face means to cherish one's reputation and have a sense of responsibility. For example, after Shi Yuzhu successfully operated Melatonin, he immediately arranged to repay the debts owed by the Giant Building. You said that He Zhaowei was a child Taking face seriously is very much to my liking."

Yuan Ruilang continued: "The second type is a single-minded person. The so-called single-minded person refers to persistence and concentration. In the past, a company approached me for cooperation, and as soon as the other party showed their business card, I made up my mind not to invest. Then This man’s business card has a folded page, with more than a dozen positions densely printed on it, and he is also the chairman of several companies. People like this who can’t focus on one industry often have high investment risks.”

Yuan Ruilang crossed his legs: "The third type is the generous person. How big the mind is determines the size of the career. The generous person often has strong cohesion and can unite a group of talents around him. The atmosphere is definitely not talking about it, Liu Chuanzhi At the beginning of the business, the best housing and the best car were handed over to the technical backbone. Ren Zhengfei implemented an option system within Huawei and dispersed the equity among the team. industry."

Yuan Ruilang flicked the cigarette ash: "This He Zhaowei already has more than 5 employees under him, and all the shares are still in his own hands. According to you, his technicians are not well paid, but he drives an Audi Q[-]. It can be seen that he is not a generous person."

After hearing this discussion, Fang Yubin became confused. In Yuan Ruilang's eyes, is a person who is good-looking, dedicated but not generous enough worth investing in?
"No one is perfect, so don't be harsh on your old classmates." Yuan Ruilang said again, "Those who can meet the two conditions are worth contacting. If necessary, we can send a team to conduct due diligence."

Yuan Ruilang made the decision, and the next thing will be dramatic.Fang Yubin suppressed the excitement in his heart, and brought out the last worry: "I asked He Zhaowei about how much money is needed, and he said about 300 million. It seems that Rongding has never made such a small order?"

"The list is a bit small!" Yuan Ruilang said. "In the past, Rhodium was definitely not interested, but it is not impossible to do it now. This time he reported to Mr. Ding in Beijing. He also mentioned that China's investment industry is getting more and more It's getting more and more chaotic. VCs are starting to make large equity investments, PEs are also trying to make small venture capital investments, and even some private business owners start investment businesses by mistake."

Yuan Ruilang took a sip of tea: "Mr. Ding told a story about a Zhejiang entrepreneur who was getting old and had no intention of continuing to operate the business. He closed the business directly and had to pay a lot of severance pay. In order to save severance pay, this old man After thinking of a trick, he gave several million to the employees in the company to encourage them to start their own businesses. The employees got the money and left happily, and the entrepreneur’s goal was achieved.”

Yuan Ruilang also said: "Two years later, most of the employees who started businesses failed. But there was one person whose second-hand car website became popular, and the website was finally acquired by a large company in Beijing at a high price. Because of the equity in the project, that person early Entrepreneurs who closed their businesses and immigrated abroad received 3000 million cash."

Fang Yubin laughed: "It's really unintentional. It was originally intended to save severance pay, but it turned out to be an investment with a high rate of return."

"Yes." Yuan Ruilang nodded and said, "The times are different. In order to forage for food, investment companies almost show their talents. Mr. Ding said that Rongding must now maintain its advantages in the field of large-scale equity investment. Venture capital with potential may also wish to take the initiative.”

"In addition," Yuan Ruilang continued, "the specific investment amount can be determined in the next stage. If we approve this enterprise, we can make additional investment at that time."

After leaving the office, Fang Yubin immediately called He Zhaowei. He told his old classmate that there might be something interesting about the investment. In addition, he specially urged: "Hurry up and get a business plan. It must not be lengthy. It is necessary to analyze the advantages and point out Possible risks. What annoys investment companies the most is those plan proposals that are tens of thousands of words long but miss the point, or Wang Po sells melons, boasting that her project is perfect, making people think they are bragging at a glance."

Fang Yubin, who was in a good mood, made a cup of tea in the office after the phone call, and tasted it happily.At this time, the text message on the phone rang.He took out his mobile phone and saw on the screen: "Are you free tonight?" The calling number was "10086".

It was Fang Yubin's girlfriend Qi Yu who sent the text message.Neither of them wanted to expose this office romance early.Setting Qi Yu's name as "10086" in the phone address book is one of the confidentiality measures.

Mentioning this matter, Fang Yubin was still inspired by his colleagues in the company.Once, during a meeting in the office, someone's cell phone rang. The person picked up the cell phone and saw that the calling number was "10086", so he said cursingly: "Recently, the mobile company has become more and more annoying, and they keep calling to sell business."

Fang Yubin had an idea and wanted to save the phone number. The contact column is filled with names in Chinese characters. Can you input Arabic numerals?It really works after a try!From then on, when Qi Yu called, only "10086" would be displayed on his phone screen.

With this trick, Fang Yubin can openly ask his colleagues to hand over the phone even after the text message sounded.Even if someone caught a glimpse of the content, they could still say with a calm face: "However, the mobile company sends pornographic jokes, and the government doesn't care!"

Received the invitation from his passionate girlfriend, Fang Yubin immediately replied: "Let's have dinner together tonight, I miss you!"

Qi Yu also came back: "It's okay to eat, but you have to wait for me for a while. I probably have to work overtime at night."

Fang Yubin wrote again: "Don't talk about it for a while, it will be fine for the rest of your life."

After get off work, Fang Yubin excitedly went to the supper shop on Qishan Road to reserve a seat.The food stalls on Qishan Road are quite famous in Shanghai. Starting from the end of Minsheng Road, the street is filled with all kinds of snacks, and the oil pan is crackling, and the fragrance wafts out from time to time.Although the food stalls on the side of the road extend only a few hundred meters, they are surprisingly dense.Walking all the way, it is almost impossible to tell which one is which.

It wasn't until after nine o'clock in the evening that Qi Yu arrived late.Her long wavy hair is casually draped over her shoulders, and there are a pair of beautiful big eyes under thick eyelashes.Take off the coat, wear a short shawl coat to set off the slender figure, and match it with a velvet knee-length skirt, revealing a charming taste.

As soon as Qi Yu sat down, Fang Yubin said: "After working overtime for so long, I guess you must be hungry." Then, he took out a plastic bag with two lunch boxes in it: "I went to Nanchang Road and packed a meal. I bought your favorite salted grilled crab."

Qi Yu was both surprised and moved: "You ran from Pudong to Puxi just for the salty grilled crab?"

Fang Yubin said: "Eating supper on Qishan Road is mainly convenient for you to come over after get off work. But the main dish here is crayfish. Speaking of salted grilled crab, it is an authentic old shop on Nanchang Road. While waiting for you, I will ran for a while."

Salted grilled crab is a practice in the suburbs of Shanghai. Cut the hairy crab in half, put it in a hot oil pan, add ginger, green onion, and pepper, and then turn the pan. After the aroma is roasted, add rice wine and a spoonful of water. Fire to collect juice.The two opened the lunch box and tasted it with relish.

After destroying the two salted grilled crabs, Qi Yu wiped his hands with a paper towel and said, "I heard that Mr. Yuan scolded many people at this morning's meeting, but he praised you a few words?"

"That's right." Fang Yubin was rather proud.

Qi Yu said: "Don't cock your tail! Some people in the company don't like you, saying that you only flatter leaders."

"Am I flattering? I think they are farting!" Fang Yubin was a little annoyed, "These people are full of food."

"In a place like Rongding, it's always right to keep a low profile. Even if you take advantage of the reason, don't be unreasonable, like a hedgehog." Qi Yu advised.

(End of this chapter)