"Oh, that kid is so powerful? I don't think it's possible, Li Feng gave us the plan before, very detailed, and very operational, since we invested in the Ark Company, all the investment work is smooth, almost one into one, in this case, will we be worse than the opponent, I don't believe it. Although Lin Yuting said this, she also began to worry.

"Theoretically, our return on investment has reached the extreme, the current total assets of 10 million, has obtained a total valuation of about 46 million, several of which have entered the harvest period, and can even be cashed out directly, but in this case, the few projects invested by Fred's kid have achieved an overall valuation of more than 50 million US dollars. ”

"It's strange, we have explored the situation of Dayang Fund Company very clearly, their return on investment, less than 30% a year, which is already a leader in the industry, Fred as their general manager, before investing in the name of the company's several projects, most of them are not more than 50%, and there are even loss projects, so with his ability, I don't think it is possible to achieve such a high return on investment. Lin Yuting analyzed.

"I also think so, although Fred's overall ability is good, but compared to Li Feng, it is several grades worse, we should be able to win him easily according to Li Feng's plan. Jin Wenyan said, "Now there are still half a year left in the gambling contract, if we lose, losing 10 million US dollars is second, the key is very humiliating, and we may not be able to mix in the American market in the future." So this bet, we are going to win no matter what. ”

"No, I've always thought it was weird, Fred was able to achieve a 400% ROI in a few months, which was so unusual that I felt he must have done something wrong. Lin Yuting said, "What kind of project is he investing in, do you know the specific situation?"

He has achieved a lot of rewards for two projects, one is the bluesky cloud storage project, which is a very advanced concept, using online storage technology, directly connected to each user's web mailbox, providing users with online data storage. Now this project is very popular in the market, and many email operators and functional websites are talking to them, hoping to open up a user online cloud storage channel to attract users to use their products. Jin Wenyan said, "Another project is the Mbox smart warehouse project, which is positioned as a central node of intelligent logistics, through the combination of software and hardware, to create a smart warehouse and realize intelligent logistics." Both projects have very good market prospects at the moment, and the commercial value is fully recognized, so valuations are rising almost daily. ”

There is nothing wrong with these two projects in themselves, and they are indeed potential science and technology projects, but such a good project, capital will definitely flock to it, so even in the early stage of the project, the cost of investment will be very high.

Li Feng did not choose such a project at the beginning, because the early investment will be very large, and a project will consume at least more than 5 million funds, which is equivalent to half of the cash flow on the overseas investment account, which is not suitable for reasonable cash flow control.

Li Feng's idea is to expand the coverage, the total amount of investment funds for each project should not be too large, half of it should be controlled within 500,000 US dollars, and individual good projects can reach 1 million US dollars. According to this approach, the first tranche of the Vanguard Fund can invest in about 20 projects with $10 million.

Then, according to the growth rate of each project, choose a reasonable time to exit and obtain cash funds for the next round of investment.

In fact, this idea is very correct, which is completely in line with the reality of the overseas investment department of Vanguard Fund Company, and also has strong operability.

But Fred's thinking is not like this, he only invests in four or five projects, but two of them have very good growth, and the valuation has risen seven or eight times in a flash.

"I also know about these two projects, from the quality of the project itself, it is indeed very good, but to enter in the early stage, it is also very difficult, according to my estimates, at the beginning of this year, if you plan to invest in shares, a project will cost five million to eight million US dollars, Fred and we bet on the total capital is only 10 million US dollars, if both projects are invested, can only compress shares, then it is impossible to have such a high rate of return. Lin Yuting said, "Do you have a count of how many shares he holds?"

"The specific situation is not very clear, I also learned about it through the gossip of friends in the investment circle, I heard that Fred is also very high-profile now, and when he meets people, he talks about his gamble with Li Feng, and thinks that he will win. Jin Wenyan said.

"So I think he must have something to be funny, otherwise he wouldn't have been so high-profile. Lin Yuting said, "If according to what you said, the gap between us and us is not big now, we can still catch up with our efforts." There are still two months to go, and any changes may happen, so in short, you still have to keep an eye on him, and if there is any new situation, feel free to give me feedback. ”

"Okay, no problem. Jin Wenyan said.

Putting down the phone, Lin Yuting felt that it was still necessary to talk to Li Feng about this matter, after all, this bet was originally set by Li Feng and him, if he lost in the end, it would be a trivial matter to lose 10 million US dollars, and the most important thing was that the reputation in the industry would be damaged, which neither Vanguard Fund Company nor Li Feng could afford personally.

So Lin Yuting called Li Feng as soon as possible and told him the specific situation.

"Oh, the project that Fred invested in is so successful?" Li Feng was also very surprised when he learned about this situation, "What project did he invest in?"

Lin Yuting told Li Feng the name of the project he invested in, and said: "I also studied these two projects at the beginning, and I think that there are indeed investment prospects, but they have passed the incubation period, and if you want to invest, the cost will be very large, so I stopped, but I didn't expect to be invested by him." ”

"Your point of view is correct, these two projects have entered the growth stage, and the investment cost will be relatively high, which is not in line with our idea of making small-scale investment. But at the beginning of this year, if Fred wants to invest, he must pay a high price, 10 million US dollars can only account for a very small share, even if the valuation of the project itself has been rising in the past few months, it is impossible to raise his total valuation to the level of 50 million US dollars. ”