The follow-up communication with Li Xiang was very smooth, mainly because Xia Yu gave him a lot of autonomy, and Li Xiang was indeed in a confused period at this time, and his mentality was also very low.

But the biggest sum of money was given to him, and Xia Yu still felt that it was a very good deal.

Xia Yu remembers the case of the website of Autohome too clearly, because the end of 2013 was the stage when it was listed, and the public opinion was very hot, and it was also the period when Xia Yu did his best in the venture capital circle, not to mention that Xue Manzi, who has always been high-profile, kept mentioning it on various occasions.

Compared with other Internet companies, the biggest feature of Autohome is that in addition to receiving a $1 million seed investment from Xue Manzi when it was first established, it was not refinanced until four years later when it was injected into Shengtuo Media as part of its asset restructuring and was acquired by the world's top 500 Telstra Telecom.

It has grown and grown entirely on its own!

This means that from the early days, it has had this kind of profit gene, which is very rare in the model of Internet companies that generally burn money to start a business.

Among them, Li Xiang's team trained from the Bubble Network period and the new CEO Qin Zhi who later became the owner played a very important role.

Huang Mingming, an angel investor who participated in the co-investment, even publicly stated that Autohome's business model was not favored by the industry and investors at first, and was even a second- or third-rate business model, but Tongguò's first-class execution ability and focus have become bigger.

Although it is a bit exaggerated, Xia Yu basically recognizes this. There has never been a shortage of cutting-edge and cool business model innovation in the Internet industry, but due to the drag of execution ability, there are not a few that have not been successful in the end.

After confirming that the 4 million RMB investment will arrive in the account within a week. Xia Yu met with Li Xiang the team he organized, and there were more than 20 technical, operational and sales personnel combined. All of them are highly motivated.

It turned out that Li Xiang was modest, and he had been silently preparing for this new website for more than three months. It's not really a simple prototype, and even the website framework is set up.

Of course, the function of this website is still a little simple, and some of the module design is still a lot of IT shopping guide style, biased towards forums and news.

Xia Yu immediately put forward some personal opinions euphemistically according to his "memory", such as a more complete library of models and more professional new car evaluations, and taking the initiative to establish cooperative relations with various manufacturers and even agent dealers, which made Li Xiang and others shine.

"It turns out that this young and excessively young investor is not enthusiastic for a while!" Li Xiang secretly thought in his heart, and at the same time, he was more confident in Xia Yu's direct praise.

In addition to the car home. The other two companies that Xia Yu invested in are Skye Network and Douban.

The former focuses on the application market service in the field of mobile phones, and landed on the NASDAQ market in 2010, although the main feature phone it later failed to keep up with the outbreak trend of smartphone applications, but Xia Yu is afraid of this?

Song Tao, who also plans to start a business in Hangzhou, has just returned from abroad, and not long after the prototype of the product was made, he came to Yanjing to find friends and showed his face with all his might, but he was directly targeted by Xia Yu, and he got 10% of the shares for 3 million, which was also a bargain.

As for Douban. This niche community with a strong literary and artistic style has not been very successful in several commercial transformations in the future, but the value of its unique positioning and huge public opinion influence should not be underestimated.

Yang Bo, who has been in the United States for ten years and calls himself "Abei", is the second time to start a business, but the previous tourist community "Donkey Zong" is only an experimental product of the later "Douban".

Of course, after leaving IBM, he joined the e-logistics solution "Kuaibu Easyjet" as the chief technology officer, and this is the third time.

The name of Douban comes from the Douban Hutong near Chaoyang Gate in Yanjing, where Yang Bo once lived. At this time, the prototype of the website has been built. From the idea to the technical realization, Yang Bo completed it alone, and the industry has an evaluation of "one person's Douban".

The current prototype of the Douban website is only for the collection and review of books, but it also has a preliminary personal homepage.

More critically. This website has spent less than 100,000 yuan so far, and Yang Bo borrowed some money from classmates and friends to make up 200,000 yuan and has not used it up!

So at first, Yang Bo didn't have the idea of taking venture capital. Because at this time, he still thought that Douban was just a small community in terms of personal interests. At that time, Chen Yizhou, the president of ChianRen Group, also wanted to invest personally, but he refused the asking price a little higher.

Xia Yu certainly knows this story well. At first, he didn't mention this matter at all, but chatted with Yang Bo about the hottest Web 2.0 concept at the moment.

Then, the two began to discuss Douban's idea on Yang Bo's personal computer, and pointed out that the social comments of "books, music, and movies" have huge value in themselves, and encouraged Yang Bo to develop Douban completely according to his own ideas.

Five minutes later, Yang Bo was said to rise, and couldn't help but want to add a separate page for movies and music, which of course required an increase in the budget, and Xia Yu immediately won 20% of the equity with 1 million yuan on the condition of not interfering in any operation!

Yang Bo didn't feel at a loss, it was one thing to talk to Xia Yu, and at this time, Douban had not registered a company, and the only employee was himself!

In fact, Douban, which has grown and developed later, has gradually become the industry's leading representative of a slow company that is "not afraid of being imitated by Tencent", and its value is increasing day by day, but Yang Bo still relish this financing story when he talks about it, and he does not feel that Xia Yu has taken advantage of it.

……

spent 8 million in two days, and directly used up most of the funds of the newly established Bluestar Venture Capital, Xia Yu didn't frown, and his heart was even more happy.

On the contrary, Xiao Wenjing was a little unhappy, stared at Xia Yu and said: "It's very enjoyable to spend money, my boss......!

This is a position that the two have discussed before, and it is also a position officially set, not a joke.

However, Xia Yu was thick-skinned, and said busily: "These three are all very promising companies!

"There is only more than one million investment quota left, and you let me come!" Xiao Wenjing glared at him and said, "You are playing me!"

"No, Miss. It won't be long before I'll inject as much money as I like in Polestar's dividends, and I'll put as much as I want, and you can play whatever you want when the time comes!"

Xiao Wenjing pursed her lips. He also said: "The Sky Network is finally linked to SP, and the ability of the founder Song Tao is also guaranteed." What is the value of the other two websites? Autohome is also a vertical website, that Li wants to drop out of high school to be a personal webmaster, and Douban is also a niche interest community......

Knowing that she would ask, after all, her investment was too hasty in the eyes of many people, Xia Yu patiently explained, "Don't underestimate Li Xiang and his team, this is a very talented young man, and Autohome is not only a vertical website, but also the genes of the trading community, and the auto market will accelerate in the next ten years......"

Xia Yu took a sip of coffee. looked around at the decoration style of this Starbucks again, and knew that this kind of petty bourgeoisie in the future itself was also the main attraction of Douban, and continued: "As for Douban, you can see its value in a year at most, and Abei is not a simple literary and artistic youth......"

The value of these two websites Xiao Wenjing can actually be seen a little bit, of course, the key is people's ability, which takes time. Saying this is mainly to remind Xia Yu not to be too aggressive.

In the past two days, I stayed in the Yanjing venture capital circle, and the five-minute finalization of the investment was simply like a strange news in the industry. There are those who laugh at it, and there are those who envy it. But in any case, the name of Bluestar Venture Capital is already very loud.

A little more resounding reputation is also a lot of benefits for venture capital companies.

Xiao Wenjing waved his hand and asked, "By the way, when are we going back to Yangcheng?"

"Not us. It's me, and you're going to have to stay a few more days to make these three investments happen!"

"Don't, the scenery is you, leave these chores to me......"

"Who made you the legal person of Bluestar Ventures, we haven't recruited anyone for the time being!"

"You're going to die!"

……

In fact, there are a few more benefits to registering a company from the Virgin Islands. is that the flow of funds is very convenient, so Xiao Wenjing is not too troublesome in the future.

Xia Yu was relieved to leave her here. began to prepare to take Sun Bin and Liu Na back to Yangcheng.

The first batch of 12,000 Philips decoder chips will arrive in Nanyue tomorrow, adding to the number that has been scanned before. It has been able to ensure that the production of Polaris K2 will not be interrupted.

Today, the K2 still ships nearly 4,000 units a day, bringing a lot of cash income to Polestar every day, making it a veritable "cash cow".

This also gave Xia Yu the confidence to do more.

However, the BBE authorization hit a wall that still made him a little depressed. But since he was so "arrogant" that he publicly announced that Polestar was going to enter the mid-to-high-end market at the forum, which also caused a backlash from iRiver, and iAudio, which already has BBE sound, must also be a future opponent, he finally had a good chat with Hu Xiafei of Lingsheng Company.

Yes, in order to ensure the consistent excellent quality and cost-effective characteristics of the Polaris series MP3, this BBE sound effect is indeed a killer feature that Xia Yu is most reluctant to use.

Hu Xiafei is very righteous, after communicating with Xia Yu last time, he took the initiative to help communicate with the British company, and the other party said that it can provide integrated chip technology that has been authorized by BBESound, and can be directly built on the ready-made mainstream decoding chip, but the price is slightly higher.

Of course, Philips itself also provides this additional service, and Xia Yu plans to talk to that side again and strive to settle it as soon as possible.

As for the arrogant BBESound, he really had no choice but to instruct Liu Mingsheng to send a letter in the official name of Polestar Electronics to request the establishment of a preliminary communication mechanism and contact first.

And this time, taking advantage of the fact that he was no longer being sniped, Xia Yu certainly did not plan to let it go, and decided to carefully investigate after returning to Yangcheng, and initially locked down several companies that were in cahoots with Gao Wenlong's wolf Bèi.

However, just as Xia Yu and the others were about to leave, a middle-aged man who suddenly came to the door brought an intention to cooperate.

He claimed to be the business manager of a commercial bank in Nanyang, and his first sentence was: "Polestar's Polaris MP3, is it not interested in testing the waters of overseas markets?"

Xia Yu was really attracted and postponed the trip directly!(To be continued......)

PS:PS: Thank you for the monthly ticket support of the two brothers, 773720301 and fsgsgsrg! In addition, I will remember the little gray's protector plus more, and at the same time, it is also very close to the 30 monthly pass plus more, I will write it down! At most, I will be busy with things the day after tomorrow, and then I will return to normal, and I will also fulfill the more. Strive for the next chapter before 12 o'clock tonight, continue to ask for everyone's support, we won't give up!