Chapter 346 Rebuilding the Company
This goal is simply a fantasy for Jin Wenyan, you know, even the best investment companies in Silicon Valley at present, their return on investment will not reach 20% within half a year, so to reach 200%, that is, ten times stronger than the performance of the best investment companies, this goal is completely incomprehensible to Jin Wenyan.
In the small apartment, Jin Wenyan scratched his round head and said, "Mr. Li, is your goal too good? Triple growth in half a year, there is no such return on investment in the world." ”
Li Feng smiled and said: "Don't say it's twice as much, in China, we have just achieved ten times the performance in half a year." ”
Li Feng told Jin Wenyan about his previous investment in the express navigation network and Baibao.com, as well as the cashing out after the successful operation of the express navigation network, and Jin Wenyan was confused when he heard it.
"No, that's all right? If this case is written, it will definitely be a miracle in the history of international investment. Jin Wenyan finally came to his senses, "If you invest in the U.S. market according to your investment ability, the rate of return will be higher, after all, the company here has high growth." ”
"So it's reasonable to set a goal of doubling the growth of our performance, and as long as we don't make mistakes or make fewer mistakes, it's still easy to achieve. Li Feng said with confidence.
Of course, Jin Wenyan knows Li Feng's strength, and his speech at the Global Economic Leaders Forum is very forward-looking, and many of his views are refreshing and shocking.
It is precisely because of this that Jin Wenyan is still very confident in Li Feng, since Li Feng has proposed the goal of doubling the growth, then work hard to implement it according to his intentions, maybe he can really achieve the expectations.
If that's the case, Dream Company will be completely revitalized, although now Jin Wenyan has become a part-time worker, but at least the domestic dad doesn't know the situation, as long as the company's performance grows rapidly, he has the room to continue to stay in the United States to engage in Internet investment, so that he will not have to return to Huaxia at a young age to inherit his father's boring real estate company.
The three of them sorted out the information in Jin Wenyan's apartment together, and Li Feng carefully looked at the basic analysis of at least 30 emerging Internet companies in Silicon Valley by Dream Company, although these first-hand information is slightly outdated, but it is still very valuable for reference.
"The data is very good, and it seems that your company has done a pretty solid job in fundamental analysis. A lot of the data can be used immediately, which provides a good reference for our investment decisions. Li Feng said.
Jin Wenyan smiled bitterly: "It's still useless to do a good job of fundamental analysis, the previous investment capital has failed, and the money has been wasted." It's just that I still don't understand, what exactly is wrong with us?"
"Your problem is not in rational judgment and analysis, I think it is very likely to be in the analysis and control of the founder of the invested company. Li Feng said, "The founder of a project is very important, if the founder has a problematic personality, or lacks team leadership ability, or lacks the perseverance to overcome difficulties, it is possible to complete the project and fail." Therefore, before investing, it is also necessary to conduct an in-depth analysis of the project founders. ”
Jin Wenyan suddenly realized that although they had done a lot of work in the early stage of investment, they were all biased towards technical analysis, and they did not have an in-depth understanding of the project founder, so there would be deviations in analysis and judgment.
Many times, the quality of a project is often related to the founder of some essential relationship, if the founder's quality is not up to standard, then even a high-quality project with broad market prospects may be killed.
Looking at the development of the Internet industry, those Internet companies that eventually grow up have a common characteristic, that is, their founder is an excellent business leader, not a dreamer or a technology nerd.
Leadership is the basic criterion for measuring the quality of the founder, so whether a company has investment value is fundamentally whether the founder has enough leadership.
Dream ignored this point, and the previous emphasis on technical analysis has taken the wrong path in investment methods, so its failure is not due to lack of ability, but more to one-sided methods.
"Mr. Li, listening to your words is better than reading for ten years. If we had known you earlier, our company might not have completely failed in the predicament. Jin Wenyan said.
"It's not too late to understand, and your next task is to complete the restructuring of the company as soon as possible, recruit people, adopt a more scientific method, and analyze them one by one according to the list I provided, and determine the investment plan as soon as possible. Li Feng said.
The target companies listed by Li Feng before are all high-quality Internet companies that can succeed in the future, but their growth is different, and their financing needs are also different.
With the current strength of Dream Company, it is impossible to make a large-scale investment, and can only make small-scale investments in the angel round to obtain shares in three or four start-up Internet companies.
And then through a gradual cash-out to get a larger amount of money. Only with a large amount of capital can we get involved in the financing of real future giant-level Internet companies, and the growth potential of these giant-level companies is definitely ten times and a hundred times.
As long as they can catch their fast train, the capital appreciation will be very rapid, and the money will continue to be sent back to China to support their own domestic entrepreneurship.
While Li Feng and Jin Wenyan were discussing their next work, Jin Wenyan's father called: "Hey, Wenyan, how is it in the United States during this time, I don't usually call home, I heard that your investment company has a problem?"
Between Daddy's words, there was a bit of schadenfreude.
"No, who did you listen to?" Jin Wenyan knew that his father had some eyeliner in the United States.
"It doesn't matter who I listen to, investing in the United States is not a long-term solution. I suggest that you close the stall and return to China as soon as possible, the family needs you. Dad still repeated the previous argument, "I know your situation, the company is about to go bankrupt, I said a long time ago, you are not a venture capitalist." ”
"That's it, Dad, you give me another half a year, if I still don't have any results after half a year, I will go back to China. "But for now, I still have to stick to my company." ”
"Half a year, are you sure you can turn over in half a year?" Daddy's tone was obviously not optimistic, "Okay, half a year is half a year, but if you don't achieve results within half a year, you must return to China immediately." ”