Chapter 203: How could this be?!

The countryside night is filled with pleasant natural noises, with insects chirping, frog barking and the occasional dog barking, making for a rare pleasant experience.

When the bonfire gradually went out and a pile of fiery red ashes remained, some students wanted to go out for a walk when they saw the starry sky.

Xu Yiyang explained that everyone must form a team with many people, and never go to the river to wade, and don't go far alone.

Shen Lele also found Xu Yiyang and said, "Why don't we go out for a walk, it feels very comfortable to blow a cool breeze." ”

Xu Yiyang nodded, he wanted to make an appointment with Gu Sijia, because he knew that Gu Sijia liked to take a walk at night when his head was full of stars.

Later, after settling in Yanjing with themselves, it was almost difficult for them to see the starry sky at night.

There is a folk singer in Yanjing, and there is a lyric in his song, which reads: "Yesterday I counted, the twenty-fifth star, in Yanjing." ”

Gu Sijia always joked that this singer is not real enough, and the days when Yanjing can count twenty-five stars are too few.

Xu Yiyang also smiled and said, this guy may have counted near the capital airport, and counted the lights on the night flight plane as stars.

Although I really want to go out for a walk with Gu Sijia, given that the two are just classmates now, she is still the boy that her good girlfriend likes, and her good girlfriend who doesn't pull a few tigers has always followed, so Xu Yiyang can only think about it.

Shen Lele didn't know that Xu Yiyang, who was walking beside her, was thinking about another girl in her mind, she just felt that this feeling was so beautiful, so beautiful that people couldn't wait for time to stand still.

On this night, more than 30 students slept in the three large bedrooms of the farmhouse's Chase Shop, the boys slept in one room, and the girls slept in two rooms, and everyone slept very sweetly.

The next day, everyone woke up naturally at six o'clock, and the morning was a little cool, and the air was a little humid, which was exceptionally fresh.

After breakfast, everyone went around to collect style, play around, and after lunch, everyone set off back.

On the way back, everyone was still unsatisfied, and a girl said: "Squad leader, you have contributed money and effort to this trip, and arranged everyone so well, thank you so much!"

Everyone also thanked one after another, Xu Yiyang smiled slightly, and said, "Don't be so polite, it's all as it should be." ”

Although Gu Sijia didn't speak, she also felt in her heart that she had grown so big and had never met a boy who was so much better than her peers, so it was no wonder that Tong Yuewei liked him.

Back at school, Chen Meng and Shen Lele both planned to go back to the dormitory to rest and rest, and Xu Yiyang went to Zhonghai Yujing's home alone.

He checked his mailbox, and many investors, including Lin Xiaru, were still contacting him, and Lin Xiaru was even a little impatient to meet him in Hong Kong to talk about investment.

Xu Yiyang estimated that Boss Ma's side should be in a more difficult stage now.

If he doesn't get the investment, it is estimated that his team will not be able to support it until the end of the year.

Even if it lasts until the end of the year, it will be difficult for the business to make any breakthroughs.

It won't be long before I can contact him.

……

At this time, Alibaba's Cai Chongxin was still planning the financial process after the arrival of the $5 million, as well as the employee stock ownership plan.

And Boss Ma has already planned what this money will be used for.

Even though today is Sunday, the two of them and Alibaba's core team are still working in full swing.

Boss Ma has been a little anxious recently, because since Lin Xiaru left Hangzhou, he has not given Ali a clear reply to whether to decide to invest.

At first, he was confident, but the more he waited, the more he felt that something was wrong.

Under normal circumstances, it would be impossible for Lin Xiaru to have not moved at all for so long.

After all, her status in Goldman Sachs Greater China is still quite high, and she can decide on investment projects below $5 million, so there is no reason to keep delaying it.

So he urged Cai Chongxin to quickly confirm with Lin Xiaru that if he continued to consume like this, it would have too much impact on Ali's project.

Cai Chongxin also felt that the situation was a little abnormal, so he took the initiative to call Lin Xiaru and ask her about the current progress of the matter.

Lin Xiaru originally wanted to delay it for a few more days, until after meeting with JeremyXu.

However, Cai Chongxin called and made her realize that she might not be able to continue to drag on.

So, she told Tsai Chongxin that Goldman Sachs would conduct a final review of the project on Monday, and the final results would be available on Monday.

Cai Chongxin relayed the news to Boss Ma, and Boss Ma said to him: "I don't know what's going on, I always feel that this matter is a little wrong." ”

Tsai Chongxin asked him, "You mean, Goldman Sachs is likely to reject us?"

Boss Ma nodded and said: "Goldman Sachs is such a professional investment bank, it is impossible not to know the importance of timing, now is the best time to race against time, but they have dragged the pace so slowly, which is obviously a bit unreasonable." ”

Cai Chongxin said: "Several other investment banks are the same, their attitude is more ambiguous, and they feel that financing is more difficult than we imagined. ”

Boss Ma said: "Look at tomorrow, if Goldman Sachs doesn't succeed, then we have to think of other ways as soon as possible, now the capital chain is very tight, and if we don't bring in capital quickly, I'm afraid we won't be able to last long." ”

Cai Chongxin nodded with a serious expression.

He also knew very well that Boss Ma didn't actually have much savings, and almost all of what he could take out had already been taken out.

The dozen people have been in need of people to feed the horses, and they have to maintain the website, which is very expensive, and if they still can't get the money, there will be no wood in the stove to sustain the fire.

Thinking of this, he pinned most of his hopes on Lin Xiaru.

I hope Lin Xiaru can live up to expectations.

……

The next day, Monday.

Lin Xiaru did not hold any review meeting for Ali's project.

In her own heart, the decision to reject Ali had already been made.

It's just that, on the one hand, because of the face of his friend, on the other hand, he feels that it is more beneficial to him to hang him than to reject him, so he has been using procrastination.

But now, she can't drag it anymore.

So, at noon, she didn't wait for Cai Chongxin to find herself, so she took the initiative to call him.

Cai Chongxin was having lunch at his workstation when he suddenly received a call from Lin Xiaru, and thought that there was good news about the matter, so he answered the phone with a smile.

"Mr. Lin, is there any good news?"

Lin Xiaru has been an executive at Goldman Sachs for many years, and she has long been accustomed to rejection, and she is also used to changing her attitude at the critical moment of the last step, which has become her professionalism and one of the key reasons why she can get to where she is today.

She said to Cai Chongxin very calmly: "Chongxin, I'm very sorry to inform you that regarding the investment of the Ali project, our internal investment committee has made a new decision to temporarily abandon the investment in this project, and I ask you and Mr. Ma to forgive me." ”

Cai Chongxin's whole person was struck by lightning.

"Mr. Lin, this ...... What's going on? Isn't it good that we've been talking? How do you say give up and give up?"

Cai Chongxin's words shocked the entire office, and Boss Ma stood up and stared at him intently.

Lin Xiaru said seriously: "Chongxin, you have also worked in the investment bank for many years, you know very well what the situation is in the investment bank, 80% of the projects are not able to get investment, many of which were rejected at the last moment of investment, when you were an investment manager in the investment bank, there should have been many emergency braking situations, this is a normal work process, so please understand." ”

Cai Chongxin knew that what Lin Xiaru said was right.

Investing is just that.

Even if the intention is there, the framework agreement is signed, and the background check is completed, the investment may fall through.

The success of the investment depends only on whether the money is credited to the account.

It is also very common to give up investment in the first second before making money.

I really can't blame Lin Xiaru.

However, at the moment of this project, everyone is waiting for the $5 million to arrive, and then let go of their hands and feet, go all out, and now suddenly say no, what should the project do next......

The entire office looked at Cai Chongxin with bated breath.

Cai Chongxin felt that his back was soaked with sweat.

He couldn't help asking: "Mr. Lin, I don't know if you can reveal the specific reason? Why did you give up investing in Ali?"

Lin Xiaru said: "I can only tell you that the rating of the Ali project in our investment committee has dropped from B to D, please forgive me for more details, due to professional requirements and professional ethics, I can't disclose more." ”

As an investor, the most important professional ethics is not to leak the business plan that others have voted for you.

This is the most important credibility of an investment institution.

Entrepreneurs who send a business plan and hope to seek investment will write their confidential business direction and plan in the plan, and if it is leaked by the investment institution, the impact on credibility will be disastrous.

Regardless of whether an investment institution decides to invest or not, it must not disclose the trade secrets of others.

Cai Chongxin felt a little desperate in his heart.

This time, Goldman Sachs invested in Alibaba, not only Goldman Sachs, but Goldman Sachs took the lead and invested together with a number of investment institutions.

Investment is a kind of thing, because it requires communication from multiple companies, multiple interviews, and even many on-site visits, so it cannot be hidden in the investment circle.

What's more, Goldman Sachs is one of the top investment institutions in the industry, and everyone is paying attention.

Goldman Sachs itself will also release financial reports to report to shareholders which companies they have invested in in the previous time node.

Therefore, if Goldman Sachs gives up investing in Alibaba, this matter will definitely be known to everyone in the investment circle.

As a result, an institution as bullish as Goldman Sachs will give up investing in Alibaba, and other capital will also downgrade Alibaba.

In other words, if Ali still wants to raise funds in the future, it will be much more difficult.

hung up the phone, Cai Chongxin's face was full of despair.

Boss Ma hurriedly asked, "What's the matter? Is Goldman Sachs going to give up investment?"

"Yes. Cai Chongxin sighed and said: "Their internal rating of us has been lowered from B to D, and generally they have given up when they have dropped to C, and there is no possibility of investment if they are downgraded to D." ”

Boss Ma also panicked and asked puzzledly: "How can this be?!Is there something wrong with our business plan, or are they prejudiced against us?, or is there something changing in the industry?"