Chapter 268 Investing in Evergrande

Although he does not have much experience in venture capital, and Zhou Shi is changing more and more in the future, many well-known Internet companies in his previous life that have not yet been established may not appear again, but Zhou Shi's insight is still too much beyond that of ordinary entrepreneurs. It is not so difficult to find a few high-quality entrepreneurial projects among them, and as for the most important thing to know people, it takes experience. It was impossible for Zhou Shi to make all the decisions for Li Ying.

Li Ying started her work with great interest, and Zhou Shi stood behind her with great enthusiasm.

"You go to sleep, you don't have to wait for me. "Li Ying

"It's okay, let's work together" After speaking, Zhou Shi helped Li Ying up, and the two of them sat on a chair and hugged it in their arms.

Li Ying glanced at Zhou Shi and didn't say much. Together, the two discussed the direction of each company, how to invest, and so on. In terms of IQ, it should still be Li Ying's advantage, Zhou Shi's advantages are in the overall situation and strategic vision, this is a talent, and others will not be able to catch up with it for at least ten years.

After a long time, Zhou Shi was not bothered, kissing lightly from top to bottom, while moving his hands and feet, looking for a secluded visit.

"Stop messing around, don't see I'm busy. "Li Ying

"You're busy with yours, I'm busy with mine, we have nothing to do with each other. "Zhou Shi doesn't lift it, D, can this be related to the two?

The hibiscus brocade was turned into red waves, and the spring festival was haggard several times. The next day, Zhou Shi woke up, still a little weak in his legs. But there was still something to do, and he could only get up.

Seeing that the radiant Li Ying had already prepared breakfast, Zhou Shi washed up casually and sat down at the table. Pickles, porridge, eggs, bread. I don't know how she matched it. And praise without heart.

"Okay, okay, not distracted at all. "Li Ying is not simple

"What's the use of going to the heart, just go to the kidney. Zhou Shi said casually

"You~~ haven't known their real estate developers for a long time, and you only know that you have gone to the kidney, and the man really doesn't have a good thing. "Li Ying

"Don't wronged me, they're all poor now, and I've never been with them. "Zhou Shi

"Who knows, by the way, the outside world says that the Central Plains man is going bankrupt......" Li Ying

"If they go bankrupt, they will be liquidated, they have so many assets, and they won't lose money on this money."

"But what if the real estate industry is sluggish for a long time?" Li Ying

"It's a good time for the real estate industry to reshuffle, survival of the fittest, the law of the market"

"Aren't you afraid that Evergrande will become a market loser?" Li Ying

"It depends on their leaders and managers, my gut feeling is that their management, however, Xia Haijun once led CITIC South China Dongguan from a little-known real estate development company to a leading real estate company in Dongguan City. Evergrande's execution is very good. Zhou Shi said this, but to find a suitable reason for his investment, otherwise everyone would have doubts about investing in Evergrande for no reason.

"Do you know all this?" said Li Ying

"It's just a normal background check, whether it's a venture capital or a normal investment. "The more Zhou Shi grows, the more he feels that investment is not so simple, even if it is a venture capital that does not want to be managed by DST in Russia, it is necessary to do a good job in risk control. Otherwise, he was diluted by the founder for no reason, and he didn't know where to cry.

Li Ying stayed in the room thoughtfully, and Zhou Shi went to the appointment alone. I talked a lot with Xu Hengda and Xia Haijun before, and Zhou Shi also investigated a lot. One of the five tigers in South China in the real estate industry, he is not very gregarious, and he likes to make a bunch of names for himself. For example, the name of a professor at Pheasant University on the West Coast of the United States. These are all flaws, after all, according to the experience of the previous life, the best development of the South China Five Tigers is Evergrande and Country Garden. His football team is also a must-have in China, otherwise Zhou Shi would not have the leisure to understand such a real estate tycoon.

It's almost all that should be understood, and Zhou Shi will also give his conditions today.

"I want $200 million in convertible preferred stock!" Zhou Shi gave a condition that was not very harsh. There is no problem with preferred shares, Xu Hengda's control is still there, and there is a problem with convertibility. Converted into common stock, his control is in danger of being sidelined. There are gains and losses, there are so many things in this world that have the best of both worlds, and they are not open-minded and reborn.

Xu Hengda hesitated for a while, but thinking that Zhou Shi had no other conditions attached here, he still agreed.

However, Zhou Shi still made certain concessions, and finally reached a $200 million to obtain 5.2% of Evergrande's non-cumulative, non-participating preferred shares, which can be redeemed or converted into ordinary shares within three years and five years.

The conditions were roughly negotiated, and on the premise of obtaining a certain guarantee, Zhou Shi sent the funds to Evergrande in advance to alleviate their financial pressure.

"It's still Mr. Zhou's atmosphere. Xu Hengda said with emotion

"I'm nothing, a lot of venture capital in the Internet industry is like this, and there are even non-voting rights. I put forward such a request now because I don't know much about the real estate industry, but I am optimistic about the ability of Mr. Xu and Mr. Xia's team. Hope to benefit from the development of Evergrande. "Zhou Shi

"Well, if only it were like that. Xu Hengda, who was still in high spirits a moment ago, said in a tired tone.

"How is that possible, it's just that I'm so inexperienced to be so easy to deceive, but there are also reasons why I don't have the same investment ideas as theirs. "Zhou Shi

"Zhou is always why he invested in us. "Xia Navy

"I invest, more is to invest in people, that is, a person's comprehensive quality, I believe that even if Evergrande collapses tomorrow, as long as Mr. Xu's spirit does not cross, even if there is no relationship, it can still make a comeback. Zhou Shi's words are not unbelievable, Xu Hengda has become a real estate tycoon from an ordinary wage earner, if his own ability is not to play a leading role, it is strange. No one will raise a mediocre talent.

"Hahaha~~~" Xu Hengda laughed loudly, "I didn't expect anyone to believe in me so much"

"I am not the only one who believes in you, Evergrande is facing such a big crisis, Evergrande's management is still as stable, and Mr. Xu's personality charm and management ability cannot be ignored. Zhou Shi continued to tout, regardless of whether he was sincere or false, he had to say more good things, which was his principle of doing things.

"Yes, thanks to Lao Xia, they supported me, otherwise ......" Xu Hengda

"This is because we firmly believe in Mr. Xu's ability and character. "Xia Navy

"Yes, I can now realize more and more that small wealth depends on diligence, medium wealth depends on morality, and big wealth depends on life. Zhou Shi suddenly said something that was not commensurate with his age.

"Why do you say that?" said Xu Hengda

"The development of the country and the world is fate, everyone has an industry that he is best at, if I was born more than ten years earlier or more than ten years later, I may miss the general trend of this wave of Internet development, and I will not have the wealth I have now. That's fate!

If I hadn't lived in this era, I might have been able to rely on hard work, and if I wanted to develop further, I would have to make everyone believe in my moral character. If the quality of our products is inferior and the company is cheated and cheated, even if we can obtain a lot of wealth in the short term, it will be difficult to survive for more than ten years. Zhou Shi said with a pun that Country Garden's morbid pursuit of turnover speed has reduced the quality of housing, which is not a good thing.

Well, the company's morality is the pursuit of quality, Mr. Xia, this sentence must be remembered, we must not relax the requirements for quality for the sake of development. "Xu Hengda

Thanks to the monthly pass of the Turtle School Qigong.

(End of chapter)