Since Dong Mingzhu took 500 million yuan, he has developed all the subsidiaries of Ximing, so that those companies are no longer just frameworks, but have begun to carry out part of their business.

That unruly, but the ability is a woman who affects the world, Miss Dong, Aunt Dong, and Xi Ming are very relieved to use it.

But if you want to roll out all the companies in 2017, 500 million is obviously not enough.

He desperately wants to hold up his subsidiaries immediately, and he must! When similar companies raise funds one after another to become the first in their kind, then he is one step behind, step by step.

Therefore, it is impossible for him to expand by saving enough money, and this kind of thinking is outdated for this era!

This is entirely the idea of the little citizens.

In modern companies, entrepreneurship is done with other people's money first.

This is financial thinking, speed is king in this era, and whoever has the market has the right to speak.

Whoever has a concept and burns money at the fastest speed, then whoever can succeed the fastest, with the money that Xi Ming is investing now, it is far from enough, and there is not much movement when it is thrown in, because the money is not enough.

The next day, after Xi Ming finished exercising, he went to the office of Xiongming Building.

He sat alone in his office, thinking about things expressionlessly.

Now Ximing has a company, Xiongbai Little Hornet Bicycle Sharing Company, Logistics Luck Full Company, Gourmet Birdman Live Company, Internet Home Improvement Company, One Week Hotel Chain Company, Xiongge Grilled Fish Chain Company.

If you want to develop rapidly and seize the national market, Xi Ming has long wanted to obtain resources and funds through strategic financing!

Because he now has only two companies that have received this kind of venture capital, one is a shared bicycle and the other is full. None of the others received venture capital.

Venture capital is also very popular in the country these days.

This is a product of the times.

It was born in the 20th century, but it is a great business activity that has had a profound impact on the 21st century.

Venture capital refers to a type of capital provided by professional investors to emerging companies that are growing rapidly and have great potential for appreciation. Venture capital enters these businesses by buying equity, providing loans, or providing both equity and loans.

The term venture capital and its behavior are generally believed to have originated in the United States, and were invented by some investors who are willing to exchange high risks for high returns after the sixties and seventies of the 20th century.

Venture capital does not require collateral and does not need to be repaid. If the investment is successful, the investor will get a return of several times, dozens of times, or even hundreds of times; if it fails, the money invested will be wasted.

For entrepreneurs, the biggest benefit of using venture capital to start a business is that even if you fail, you won't be in debt. This makes it possible for young people to start their own businesses. Overall, this approach to investment has been very successful over the decades.

The operation of venture capital includes four stages: financing, investment, management, and exit.

The financing phase solves the question of "where does the money come from".

Usually, the sources of risk capital include pension funds, insurance companies, commercial banks, investment banks, large corporations, university endowments, wealthy individuals and families, etc., and the most important issue in the financing stage is how to solve the rights and obligations of investors and managers and the arrangement of interest distribution relationships.

The investment phase solves the question of "where does the money go".

Through a series of procedures such as preliminary project screening, due diligence, valuation, negotiation, terms design, and investment structure arrangement, professional venture capital institutions invest venture capital in start-ups with huge growth potential.

The management phase solves the problem of "value appreciation".

Venture capital institutions mainly realize value appreciation through supervision and services, "supervision" mainly includes participation in the board of directors of the invested enterprise, replacing management team members when the performance of the invested enterprise does not meet the expected goals, etc., and "service" mainly includes helping the invested enterprise improve its business plan, corporate governance structure, and helping the invested enterprise obtain follow-up financing. Value-added management is an important aspect that distinguishes venture capital from other investments.

The exit phase addresses the question of "how the benefits are realized".

Venture capital institutions mainly exit the invested start-up enterprises through IPO, equity transfer and bankruptcy liquidation to achieve investment returns. Once the exit is complete, the venture capital institution also needs to distribute the investment proceeds to the investors who provided the risk capital.

There are four types of venture capitalists, one is venture capitalists, the second is venture capital companies, the third is industrial affiliated investment companies, and the fourth is angel investors.

Ximing shared bicycles, full of goods, Li Kaifu is an angel investor, and its Innovation Works is his investment company.

Alibaba, Baidu, Tencent, Sina Weibo and other super Internet companies are a history of venture capital in China, and the story behind their development is the history of integration with venture capital.

When Zhang Chaoyang came to China in 1996 to set up an Internet company that no one could understand by relying on his dedication and the $185,000 he raised from a simple imitation of foreign Internet companies, people understood the simple truth that a business plan can be exchanged for entrepreneurial capital.

In 1996, China's traditional economic field was still a little incredible. So much so that the venture capital industry, which was born in Silicon Valley in the United States at the end of the 80s of the last century, was either deified or demonized in China for a period of time.

From people's early memories, venture capital is like "crazy money" and "stupid money". In the era of 1998~1999, there were many people who held business plans in cafes and told vivid stories to investors, and it was not a fantasy to raise millions or even tens of millions of dollars in a few weeks.

What's even more interesting is that foreign venture capitalists will take the initiative to demand that the entrepreneur should take a major stake in the project, and that the invested funds must be spent within a certain period of time, and other investment principles that are difficult for traditional investors to imagine.

As one industry insider once described the first wave of the Internet boom: in the office of a well-known foreign venture capital firm, there is a large project statistics table hanging on the wall, but only a few of the nearly 100 projects are marked with the symbol of profit. However, the venture capitalist is very proud of the fact that he has taken a prominent position in China's Internet market and, more importantly, that none of the companies listed on the Nasdaq have been profitable.

In fact, there were many venture capitalists who made a lot of money from Sina, Sohu, NetEase, etc. in the early days. Pioneers like IDG and Walden have become the lucky ones and beneficiaries of China's Internet industry.

Without these generous donors, China's Internet industry would not be where it is today. Even today, venture capital is behind almost all of China's largest business websites.

In February 1999, Sina.com, which had just set up its banner, announced that it had received 25 million US dollars in overseas venture capital, including Goldman Sachs Bank, which was certainly the largest investment received by a domestic Internet company at that time, and it also opened the prelude to the entry of Chinese Internet service companies into overseas capital markets at the end of the last century.

On July 14, 1999, China.com was successfully listed on NASDAQ, offering $96 million for the first time, creating the concept of China's Internet stocks, and also indicating the successful cash-out of venture capitalists.

So, venture capital began to boil.

Subsequently, a classic case of Chinese venture capital was born: SoftBank invested in Alibaba and made more than 100 times.

Xi Ming paid 500 million, and then those companies, he was not willing to pay money, one is that he wants to use a large amount of money for speculation, and the other is that he wants to attract capital into his own companies to obtain strategic financing, he not only needs to obtain funds, but also to use the resources and contacts of investors to rapidly expand his company, so for him, the introduction of wolf capital is a mutually beneficial thing.

He wants to find more venture capitalists, more venture capital companies, so that his subsidiaries can obtain large amounts of financing, grow rapidly, and grow into unicorn companies with more than 10 billion yuan like Xiongbai shared bicycles!

Xi Ming licked his lips and stood up.

Every time he thinks, he likes to stand in front of the floor-to-ceiling windows of his office on the 28th floor, standing high to see far away, and his whole person is always heroic, as if the whole person has a kind of spirit that is above all things and overlooks all beings.