Chapter 54 Kangsheng Financing
The vigorous Internet Entrepreneurs Conference is over. There seems to be no practical significance, and there are still very few companies that have received venture capital or have venture capital follow-up, only a dozen. However, the reaction of the various media outlets has been very different. It seems that the king of domestic Internet search engines has been established by Baidu.
Kangsheng's fundraising is going well, and it seems that this Internet conference has given them a lot of confidence, with a valuation of $40 million and a financing amount of $5 million. The near-monopoly market size and clear strategy are the reasons why they chose Kangsheng. Xiang Hailong, who has not yet officially taken power, was also fooled to Kangsheng by Zhou Shi and Wang Zhanshen, and was responsible for the market development of Kangsheng, especially CDN. Kangsheng's management stock ownership plan is a powerful weapon to impress him, and his imaginative career prospects are also well attracted. All in all, Ma Dongmei lacks a capable leader, and hopes that the bidding ranking can be restrained.
The first show of China's Got Talent has been a great success, and the shape of Tieba has instantly become a lot of discussions, and the vast audience base has made many young viewers who like China's Got Talent come to Tieba to find partners and participate in discussions. Baidu's in-depth involvement in social hotspot events and the sustained and rapid growth of Tieba users have once again increased the blow to Yahoo. Yahoo has been hovering on both portals and searches, but it has not yet formed a strong counterattack.
"Shawn, what do you say is wrong with Yahoo Zhou Hongyi, there is no reaction at all, doesn't the Internet conference see that he is very energetic?" Zhou Shi was really a little strange about Yahoo, "Do they not care about the market share of the search market at all, or are they holding back some big moves?"
"I heard Yahoo is working on a security guard?" Shawn Wang.
"Ahem!" Zhou Shi couldn't believe it, "What is the purpose of what they are doing this?Baidu toolbar, or 3721 Internet assistant?" Zhou Shi looked at Wang with curious eyes, hoping to give a reliable answer.
"Who knows, maybe there is no rest!" Wang Zhanshen didn't seem to want to say more.
The launch of Baidu's input method has pushed Baidu's reputation to another peak. Clean and refreshing, the Baidu input method with very high input efficiency soon began to occupy the domestic market. Tieba forum blogs, everywhere are flooded with Baidu's tap water. Baidu, you know, began to shine brightly, Baidu Chinese search the best concept is also implanted in everyone's mind. Seeing that Baidu's market share is about to exceed 45 percent, Zhou Shi even has the urge to increase the valuation of Baidu's financing to $1 billion. However, neither Robin Lee nor Shawn Wang agreed. Baidu's financing Sequoia, Goldman Sachs and KPGB all came to participate in an attempt to get a piece of the pie, and everyone knows that this financing is the last financing before listing. If it weren't for Zhou Shi's participation, in August 05, Baidu would have gone public. It's a pity that the reality is cruel, Yahoo continues to occupy the first market share in China, and the decrease in Baidu's revenue makes it unrealistic to go public, and now Baidu Tieba and a series of products have been added, and the hematopoietic function has not been fully released, which has increased the burden on Baidu. So much so that Kangsheng had to spin off and accept external investment, so as not to miss the best opportunity for development.
The crude oil market is surging, and Zhou Shi's pride in this period of time disappeared in an instant. A month after entering the market, the price of crude oil fell to around $48, and Zhou Shi had already lost $1 million. It fell sharply for two consecutive days, and Zhou Shizhu was busy for a while, so that he did not find a stop loss immediately. If it weren't for the fact that he hadn't fallen below the trend line he had drawn before, Zhou Shi wouldn't have known what to do in a hurry. On this day, the price of crude oil still fell below $48, the lowest to 47.75, Zhou Shi did not move, and at the close, the price of oil rose back to 48.7. On Monday of the second week, oil prices fell at the opening, and Zhou Shi tried to stop the loss several times, but in the end he still didn't, and he is now a dead long. On this day, oil prices fell as low as 47.6 and closed at 48.6. This really made him drunk, the difference between the lowest price and the closing price was 1 dollar, Zhou Shi's heartbeat was a little abnormal, and he gave up his daily entertainment and sports at night. Fortunately, this Wednesday, a big high opened, the highest to 51 US dollars, and then went down firmly, Zhou Shi did not maintain his calm and steady, seeing that the oil price came to 50.5, he chose to close the position. The skyrocketing trading volume made it easy for him to go, and in the end, he made a profit of 100,000. This should be the least profitable he has made this year! At the end of the year, oil prices fell to 49.1, which is lucky.
After meeting with Li Xiang of Autohome a few times, Zhou Shi personally invested in Autohome. Without much money, and without complicated due diligence, it probably felt like it was about the same, and it was 15 percent of the shares with $500,000. Autohome is still very good, Zhou Shi has seen a lot of luxury cars through Autohome in his previous life, but unfortunately he can't afford any of them.
Xin lost 100,000 yuan, Zhou Shi invested 500,000 yuan, and he did not become 250, but had 2.6 million US dollars. On Friday, the lowest oil price fell to 48.2, and Zhou Shi entered 500 lots at an average price of 48.5, which was a little far from his target of 1,000 lots, but closed slightly higher than this price.
Over the weekend, Zhou Shi checked the transaction records of Galaxy Investment. Finally, I still made money, and I got a lot of short orders for this wave of crude oil. After checking the trading log, Zhou Shi was not happy at all. The mainstream view of the two traders is actually bearish on crude oil. MMP, bearish Nima. How could oil prices fall before the financial crisis broke out! Except for this time, oil prices would never have fallen below $50 before the financial crisis.
"Hello Lu He, I'm Simon. Zhou Shi began to look for his stubble.
"Mr. Zhou, what is the matter? There was no politeness at all, which made Zhou Shi have no sense of accomplishment.
"Has your view changed to mean that commodity prices, including crude oil, will fall?"
"No, I'm still the same opinion. "Lu He
"Then why do I see that many of everyone's positions are short?" Zhou Shi
"They say that oil prices have gone up and down, and now it's clear that there's a falling wave, and they don't want to waste the opportunity to make money, so they go short first. Wait for the short order to go, and then make a long order, if the operation is good, you can earn twice as much money than just going long. Lu He said the reason
"Opportunities are made out, not made. Going long and short are two different ideas, and the two are difficult to compatible, and we may not be able to afford traders who can do this. Zhou Shi listened to what the other party said, and suddenly became angry. Everyone came from a rookie, and Zhou Shi often made such mistakes before.
The other side of the "......" did not speak
"Again, I would like to stress that in terms of the amount of money we have, opportunities are waited, not made. The only way we can do this is to wait!wait!wait!" Zhou Shi emphasized again and again.
"Okay, I know, I won't make such a mistake next time" Lu He assured over there, Zhou Shi felt inexplicably relieved when he heard this voice, even he was infected by the charm of a mature man, can such a character really cooperate for a long time?