Gold Investor

Chapter 91 Equity War (4)
"About the Battle of Jutland, American newspapers had a classic statement - the prisoner beat up the jailer, but he was still in prison." Fei Yunpeng said, "No matter how brave the German navy is, from a strategic perspective, the British are the best. The winner. And Wang Cheng is just the prisoner who beat up the jailer."

"That's right." After finally getting Fei Yunpeng's approval, Wu Juntong finally breathed a sigh of relief, and had the courage to continue to offer suggestions, "The suspension of Qiancheng's trading has been expected by everyone, and it is not a trump card. Both sides are still hiding Let’s start, the next drama will definitely become more and more exciting.”

Wu Juntong continued, "As for our countermeasures, I think there are two important things. The first is to deprive Fang Yubin of his power immediately. The matter of Qiancheng can no longer be left in his hands."

Fei Yunpeng nodded and said: "Fang Yubin can't continue to use it, but he can't force it. Immediately taking off Fang Yubin's black hat is tantamount to letting outsiders see Rongding's jokes. Fang Yubin has repeatedly expressed his support for the management of Qiancheng. His official position will make the outside world think that Rong Ding and Hua Hai are the same people, and it may not be a good thing for us."

Fei Yunpeng played with the lid of the teacup: "Wang Cheng and Fang Yubin have also figured this out. They know that I won't take someone out immediately, so they have nothing to fear."

"What do you mean, to be quiet and only pay Fang Yubin's gun but keep his head?" Wu Juntong asked.

Fei Yunpeng nodded and said, "It's still useful to keep Fang Yubin. He has become the best channel of communication between Wang Cheng and me by accident. It's inconvenient for us to meet now, so we keep this The communication channel can come in handy. After Wang Cheng announced the suspension of trading, I sent Fang Yubin to understand the situation. Wang Cheng must understand my intentions in his heart. If he has anything to say, he might as well convey it to me through Fang Yubin."

Although he is negligent in business, Wu Juntong is still unambiguous about the power fight.After thinking about it, he said, "The position of general manager of Rongding Venture Capital is reserved for Fang Yubin for the time being. It is only said that the equity dispute is of great importance, and the head office must directly intervene. It is advisable to set up a special leadership team in Beijing to take overall responsibility. With such a grandiose collection of power, Fang Yubin will never get involved, and there will be no gossip outside."

Fei Yunpeng showed a smile to Wu Juntong for the first time today: "It's a way to take back the power to the headquarters and firmly control it in our hands, but also make others have nothing to say. When Ding Yifu dealt with the crisis of Jinsheng Group, he didn't use it. Is this the same trick?"

Fei Yunpeng added: "Fang Yubin must also be absorbed into this leading group. You will be the leader of the leading group, and Fang Yubin will be the deputy leader."

"Let him be the deputy team leader?" Wu Juntong didn't understand why Fei Yunpeng stuffed a traitor who had defected to others into this key organization?

Fei Yunpeng said: "The leading group is set up in the Beijing headquarters, and Fang Yubin is in Shanghai, so he can't get involved in major decisions. Besides, with you as the group leader, he, as the deputy group leader, can't make any trouble. Letting him join the leading group is not only a matter of hanging A name is also to give Wang Cheng a face. In the future, this kid will need to shuttle between me and Wang Cheng, so that his name will be more justified."

"Tall, it's really tall!" Wu Juntong hastily offered flattery.

Fei Yunpeng said: "Just now you said that there are two things, what is the other one?"

Wu Juntong said: "The second thing, I think Mr. Fei should return to China as soon as possible. Now the situation is changing, without you in charge, no one can take the helm."

Wu Juntong's suggestion is not only a suggestion, but also flattery.Fei Yunpeng smiled and said: "I have to take it easy when I return to China. The more the two sides fight to the bone, the more I have to hide away. The more intense the battle, the more chips I have in my hand." A lot. In this sense, although Fang Yubin is struggling, it is not necessarily a bad thing for me. Before Zhao Xiaoqing looked like he was sure of winning, he hadn't contacted me for a long time. Fang Yubin made such a fuss, is she obedient? Come to rescue soldiers? Since you are asking for me, do you have to put an extra piece of meat in my bowl?"

"I just need to perfunctory on both sides now." Fei Yunpeng said again, "The reason why I asked you to wait at the front desk early today to meet Zhao Xiaoqing is to tell her that I am handling your business. No, Urgently summoned Wu Juntong from China! However, the posture is the posture, and what to do is not up to her."

Wu Juntong laughed: "Zhao Xiaoqing is just a brat in front of you."

4 When investors observe a company, they first look at the industry, second at the team, and third at the model

The announcement reminding passengers to board the plane sounded, Fang Yubin stood up from his seat in the lounge and stretched himself.This time when he came to Beijing, he participated in the leading group meeting as the deputy group leader.After Wu Juntong returned to China, he immediately set up a leading group. He was also the leader of the leading group, and the power was transferred to the headquarters, while Fang Yubin was named a deputy group leader.

Fang Yubin is naturally clear about Fei Yunpeng and Wu Juntong's calculations.This trip to Beijing to attend the conference was more formal than substantial. Fang Yubin went through the motions earnestly and spoke enthusiastically at the conference.However, in his speeches, he praised the wise decision-making of the headquarters and the timing of the establishment of the leading group, and he hardly said a word about the next step.As soon as Wu Juntong announced the end of the meeting, Fang Yubin immediately left for the airport, anxious to return to Shanghai.He didn't want to stay in this place any longer.

As soon as Fang Yubin entered the cabin, his cell phone rang.It was Yuan Ruilang who called, and the two hadn't been in touch for a while.Fang Yubin connected the phone and said, "President Yuan, what's the matter?"

"Where is it? Let's have dinner together at night." Yuan Ruilang said.

"Not tonight." Fang Yubin said, "I'm still in Beijing, and I won't be able to make it back to Shanghai in time for dinner."

Yuan Ruilang said: "Then tomorrow afternoon, let's meet."

"What's the matter?" The relationship between the two was extraordinary, Fang Yubin could ask the question directly without being polite.

Yuan Ruilang, on the other hand, said, "Let's meet and we'll talk."

At 3 o'clock in the afternoon the next day, Fang Yubin came to the Pujianghui Tea Room in the Waldorf Astoria Hotel on time.Yuan Ruilang had already ordered West Lake Longjing tea for him, and ordered a cup of Indian Darjeeling tea himself.

The Waldorf Astoria Hotel on the Bund is famous for its exquisite afternoon tea in Shanghai.For Yuan Ruilang, who has studied abroad and pursued a quality of life, the meeting place is arranged here, which is in line with his own taste.

Waldorf Astoria on the Bund was first built in 1910, and it was the most luxurious club in Shanghai at that time - the Shanghai Club. In 2010, the Waldorf Astoria took over, and with the help of archival images and historical records, the historic building has been lovingly restored and furnished with the most luxurious contemporary amenities.The Pujianghui Tea Room in the hotel is furnished with velvet sofas and antique porcelain cabinets, giving it a strong nostalgic atmosphere.There are only 12 tables in the huge tea room, and only those who enjoy afternoon tea at the original price can enter Pujiang Hui, and the rest of the guests with discounts are all driven to the lobby or corridor.

The waiter brought the refreshments.The red velvet cake was a classic signature dessert at the Waldorf Astoria New York in the 20s.The cake is naturally colored with beetroot juice and cocoa powder, and the layers are covered with vanilla cream.Today, this dessert has also followed the Waldorf Astoria Hotel to Shanghai.Yuan Ruilang picked up a piece of red velvet cake, tasted it and said, "Yu Bin, I came to ask you today, are you in any trouble?"

Fang Yubin was not interested in red velvet cake, he chewed on a piece of ordinary English muffin and said, "Why do you ask that?"

Yuan Ruilang said: "Qiancheng Group has always been a project in charge of Rhodium Venture Capital. How did I hear that Fei Yunpeng was commanding remotely overseas and brought this power back to the headquarters?"

This is just the adjustment of the division of labor within Rongding, and it has never been disclosed to the outside world. Yuan Ruilang's news is really well-informed.Fang Yubin pretended to be indifferent: "Recently, the equity war in Qiancheng has been turbulent. It is normal for Mr. Fei to let the headquarters directly intervene out of the needs of the overall situation."

"No." Yuan Ruilang shook his head, "I heard that Wu Juntong was appointed as the leader of the leading group, and as soon as he took over, he overturned the previous policy and asked Rongding to keep silent on this matter. The attitude of supporting Qiancheng’s management is completely different.”

Fang Yubin smiled: "Mr. Yuan, why do you know everything?"

Yuan Ruilang's expression was very serious: "I have stayed in Rongding for such a long time anyway, and there are still a few people who tipped me off."

Fang Yubin took a sip of tea: "I don't care too much about these things."

Yuan Ruilang crossed his legs: "I always find it unusual for Fei Yunpeng to suddenly take over power during this sensitive period." He emphasized, "Yu Bin, don't take it lightly. I have warned you a long time ago that Fei Yunpeng plays He is a first-class expert in power-playing."

Fang Yubin admired Yuan Ruilang's insight, and was even more grateful for his concern for him, but it was really inconvenient to reveal the ins and outs of the whole incident.He nodded and said, "Some things, I will take precautions."

"I'm afraid it's impossible to guard against." Yuan Ruilang said, "I know the feud between you and Fei Yunpeng. He actually reused you. From the beginning, I felt that there was an evil smell in it. The development of the current situation proves my premonition. correct."

Hearing Yuan Ruilang's words, Fang Yubin couldn't help laughing at himself: I was reused under Fei Yunpeng, and many people saw the flaws, but I was still complacent and didn't realize it.Is this a fascination with the authorities, or a blinded by profit?
Fang Yubin smiled wryly and said, "At this point, we can only take one step at a time."

Yuan Ruilang shook the soot: "I can see from your expression that you are in a delicate situation recently, and you have something hidden in your heart. But if you don't want to say it, I won't force it. But there are some things, it's better to take a step at a time instead of taking one step at a time. Make a plan."

Yuan Ruilang said again: "Fei Yunpeng is only cutting your power now, and no one can tell what he will do next. A gentleman does not stand under a dangerous wall, a place of right and wrong, he will leave when he wants to."

Fang Yubin held his chin: "How? Where are you going?"

Yuan Ruilang said: "Last month, I resigned."

"You resigned?" Fang Yubin didn't know the news yet, looking a little surprised.

Yuan Ruilang nodded: "As you know, the venture capital fund I worked for was mainly invested by Ye Yunlai and others. The performance of the fund has been good in recent years, and the shareholders also trust me. But I always feel that making money for others is not as good as myself Come out and do it. We have been investing for so long and have been coaching off the court. We should also warm up and become a real athlete. With our investment and support, many entrepreneurs have prospered, and we do it ourselves. Are we not as good as them? ?”

Yuan Ruilang went on to say: "If you are going smoothly in Rongding, I'm sorry to disturb you. But now Fei Yunpeng is clearly suspicious of you, why do you still stay there? Yubin, why don't we join hands and create a world together?" .”

Fang Yubin finally understood that Yuan Ruilang was not only concerned about his own situation, but also invited to start a business together.Of course he thanked Yuan Ruilang for his kindness, but he had already found a way out with Wang Cheng, so there was really no need to find another way out.Fang Yubin was also very interested. Yuan Ruilang, who has worked hard in the investment circle for many years, asked what specific plans he had for setting up his own business this time, "What industry do you want?"

Yuan Ruilang said: "Do Internet finance."

Internet finance is a very popular concept recently, and Fang Yubin is also quite concerned about it.He said: "There are many categories of Internet finance, which one are you going to do?"

Talking about the hot industry that he is about to join, Yuan Ruilang was very excited and talked endlessly: "Internet finance is an emerging financial model based on Internet tools such as virtual payment platforms, cloud computing, social networks, and search engines. Behavior has transitioned from traditional counter operations to the virtual Internet. There are many Internet financial models, let’s talk about them one by one.”

Yuan Ruilang said: "The first model is a third-party payment platform. Simply put, a third-party payment company acts as an intermediary between payees and payers to provide online payment, bank card acquiring and other payment services. The most typical example is Alipay, which is also the most familiar Internet financial model for Chinese people. Third-party payment is a sharp weapon of Internet finance, but this weapon is expensive, the threshold is high, and the probability of survival is very low. There are more than 200 in the market today, and I guess they will survive in the end There will be no more than 20 Internet payment companies in China. In the end, winners take all in the market. Unexpectedly, it should be a pattern of one big, two middle, and N small. The big one is definitely Alipay, as long as it does not make mistakes, no one can compare Got it. In the second middle school, one will be WeChat Pay, and the other, there are several companies competing at present, it depends on who gets the last laugh. N is small, that is, those payment models that are attached to specific vertical markets, and the payment of bundled applications There will be more than a dozen process systems."

Yuan Ruilang went on to say: "The overall situation of the third-party payment market has been determined. Even if you enter now, you will at most become a member of N small, and there is not much room for development. So, let's just watch the excitement."

Fang Yubin agreed with Yuan Ruilang's analysis, saying: "Third-party payment is already an oligopoly market, and newcomers have no chance of winning. Even from the perspective of investors, they would not invest in this type of company."

Yuan Ruilang chatted excitedly, and continued to smoke: "The second mode of Internet finance is crowdfunding. The significance of this mode is not only in financial innovation itself, but also in the challenges it poses to the traditional financial field and financial formats. Its core The logic is to raise funds for new projects or start-up businesses through the public on the Internet. Today, the most successful crowdfunding platform in the world is Kickstarter in the United States. This platform is not well-known in China, so that it does not even have an official Chinese translation. .”

Yuan Ruilang gave an example: "There was a stand-alone game called "Shenmue 2" that did not sell well, and the investor finally suspended the sequel plan indefinitely due to revenue problems, but the producer Yu Suzuki has been restarting the project for "Shenmue 3" Work hard. Through the Kickstarter crowdfunding platform, this game raised $650 million, setting a record for the highest crowdfunding amount on the site that year.”

Fang Yubin has also studied the crowdfunding model. He said: "This model is very sentimental, but it seems to be in conflict with Chinese laws. Therefore, domestic crowdfunding websites can only find opportunities in the cracks, and it is impossible to achieve it. The height of Kickstarter. For example, in China, if it is a public offering, the number of shareholders cannot exceed 50, it is not allowed to raise funds from non-specific groups, and it is not allowed to promise returns. If it is a private equity fund, it must have a starting point of at least 100 million.”

"You're right." Yuan Ruilang said, "Crowdfunding is a good model, but the economic benefits are not very good. Even Kickstarter recently announced that it will reorganize the platform into a public welfare company and will never seek to sell or list the company. .So, if others are interested, just do it, anyway, I don’t plan to get involved in crowdfunding.”

Yuan Ruilang spoke dryly, picked up his teacup and took a sip: "The third mode of Internet finance is virtual electronic currency. Virtual currency is a kind of network virtual currency generated by computer calculation or issued and managed by online communities, which can be used to Buy some virtual items, such as clothes and equipment in online games, as long as someone accepts it, you can also use virtual currency to buy items in real life.”

Fang Yubin raised his fingers and counted: "Bitcoins, Amazon coins, Facebook coins abroad, and QQ coins in China all belong to this category."

"In my opinion, it is very risky to engage in virtual electronic currency." Yuan Ruilang said, "If there is no impact, it will be fine. If there is any movement, it will face extremely strict policy supervision. Like Bitcoin, it was only used by online merchants in the early days. Offline physical merchants have also begun to accept it, and there is a ratio of exchange. But virtual currency may have an impact on the currency system, and some countries directly declare it illegal.”

Yuan Ruilang also said: "The fourth mode of Internet finance is the Internet financial portal. Financial companies directly sell products on Internet platforms, such as Taobao wealth management, and customers query, understand, and purchase various wealth management and insurance products through the Internet. Compared with the original offline purchase, online financial management and insurance are more convenient and transparent, and the threshold is relatively lower.”

(End of this chapter)