Chapter 167: Everyone is playing the Divine Pit
(Sorry, something happened today, the update was late!)
Xu Teng is very good to the female assistants around him, everyone has gifts for birthdays and special holidays, and New Year's Day is no exception, in fact, in addition to their birthdays, other holiday gifts are generally prepared for themselves, and the price is about two or three thousand yuan.
Yu Suyun's side, Xu Teng has always had special treatment, ordering a women's watch in Katia at Christmas, and her three wives have one, and she also has it, or she went to the jewelry store to get the company back.
On New Year's Day, Xu Teng gave a townhouse plus decoration fees.
Yu Suyun was unwilling to leave, unwilling to fall in love and get married, and unwilling to live her own life, the more guilty Xu Teng became. Other girls, Xu Teng basically doesn't care, love hangs himself here, he has no opinion, it's none of his business anyway.
Before 10 o'clock in the morning, Xu Teng tried his best to read all the reports he wanted to read, and Lu Fangfang's car had already arrived downstairs in the company.
Xu Teng sat in the tea room in the office and was distracted, holding a cup of tea in his hand, quietly in a daze, and when he heard the reminder from Han Daitong's walkie-talkie, he came back to his senses and sent a simple text message to Yu Suyun, "The decoration fee is 800,000 yuan, and the rest is not used, buy something yourself." ”
Truth be told, he didn't even know what he was doing.
In a daze, one step at a time, apart from money, he didn't know how to make up for Yu Suyun's life.
Lu Fangfang, chairman of Huateng Group, Sun Hongbin, chairman of Xunchi Group, and Sha Liqi, general manager of AIG Asia Fund, have all gone to the office building of Block A of the Yangtze River Entrepreneurship Center, and took the elevator to the third floor, accompanied by Han Dai and Qin Xiaolu all the way to Xu Teng's office.
Xu Teng happened to come out, shook hands with Sun Hongbin and Sha Liqi, and invited a few VIPs into his office to drink tea and chat.
All three are legends.
Lu Fangfang rose from the third child, and finally inherited 1/3 of the shares of Huateng Group, which is really powerful, Sun Hongbin rose and fell three times, first was squeezed out of Lenovo, and then collapsed Xunchi Group, and finally was able to lead Sunac Land to become one of the seven major real estate developers in the country.
Sha Liqi, Master of Mechanical and Electrical Engineering from the University of California, Berkeley, MBA from Harvard Business School, former director of Deutsche Bank Asia, joined Merrill Lynch in '93, jumped to ******** co-head of the Asia investment department in '97, and then jumped to the post two years later as the general manager of AIG Asia Fund.
In the field of domestic venture capital, the most powerful are Xiong Peige and Yan Yan, who are all senior partners of IDG and SoftBank.
Among women, Sha Liqi is very powerful, with deep qualifications, and has been an executive in an investment bank since the 90s.
Xu Teng took a look, the maintenance was very good, he looked only thirty-four or five years old, and he was also very beautiful, from dressing, accessories to makeup, every detail was very delicate and beautiful.
The four of them sat in the tea room of the president's office, and the two glass walls in front of them were the scenery of Yangtze River College and Nightingale Mountain, although it was winter, the scenery was not bad, the sky was hazy, and there had just been a light rain.
Xu Teng drinks tea here, has always used the spring garden wild bamboo teapot, in order to cooperate with this set of purple clay pot, deliberately in the office decoration, increased the indoor rockery bamboo forest scenery, a whole wall with more than 40 sets of vertical pot planting four seasons bamboo and phoenix tail bamboo, high and low staggered collocation, not interesting.
"A great writer is a great writer, and this office is really nice and elegant. Sha Liqi was not at ease for the time being, smiling professionally and seemingly kind, and immediately asked Xu Teng, "Mr. Xu, how much do you know about our AIG company?"
"I have a certain understanding, but I don't think it's much better than IDG, or SoftBank. Since the other party was quick to talk, Xu Teng simply made it clear.
"I know your advantages, but, first, I am now very happy with Hong Kong Intertrust International, there is no shortage of funds, second, I don't think the company needs to expand faster, third, I don't think you can help me improve the company's governance, fourth, I don't think you can help me improve the company's human resources and talent pool, fifth, I don't need to go to the NASDAQ to raise funds. ”
Xu Teng finished speaking in one breath, this was originally to reply to IDG Mr. Xiong's words, but I didn't have a chance to say it last time, just to reply to this AIG Miss Sha, he put down the teacup, looked at Lu Fangfang, who was a little embarrassed, and Sun Hongbin, who was a little surprised, and smiled.
He's such a style, and he can't hide his happiness if he's not happy.
"Mr. Xu, can't you elaborate on these five points?" Sha Liqi was a little confused about the situation, she didn't know that Xu Teng really didn't need venture capital, and thought that Xu Teng was relying on the competitive investment of IDG and SoftBank, and wanted to raise a higher price with AIG.
Doing business is all about seeking money, and all these concepts, regardless of entrepreneurship, ideas, venture capital, and partnership systems...... It's all about money, and it's just a nice thing to say.
To put it simply, if AIG gives an investment, $10 million to buy 10% of your shares, then your company is valued at $100 million, and the next venture capital firm will have to pay $20 million, or even $40 million to buy 10% of your shares.
They help you speculate on the valuation, and then sell it to the next family, everyone plays the drum and pass the flowers, and finally go public, all the investors who participate in the speculation can make money, and then they are lost to the Nasdaq stock market of various international small scattered capital and retail investors to take over.
This is the model before 2008, after 2008, the U.S. stock market can't play, this model can't play anymore, and it will simply not be listed.
The most typical ones are Musk's Space Exploration Company and Tesla, which have no way to go public, and once the financial statements are made public, they can scare global shareholders and small and medium-sized investors to death.
What to do?
It doesn't matter, Wall Street has a way, you buy it for 50 million dollars, we will continue with 200 million, and the next family will continue to raise 500 million, and we will hold various meetings every day to gather together and brag and brag.
This has not yet gone public, the valuation has exceeded 10 billion US dollars, and a new great technology company has been born.
Does the US GDP growth still need to be faked? Does manufacturing still need to return?
After 2008, the United States did not need to build a house to continue to grow GDP, printing more dollars, and the market could not digest it, so it frantically invested in these so-called high-tech companies.
By the way, it is also possible to accuse China's GEM of being a bubble.
Therefore, most of the venture capital is playing the trick of beating the drum and passing the flowers, everyone makes money together, pretending, and making all kinds of high-level and high-minded, and whoever takes over in the end is unlucky.
If the price-earnings ratio of the NASDAQ does not go up, then it will be privatized and the A-shares will continue to flicker.
Sha Liqi, the general manager of AIG Asia Fund, knows that Xu Teng is not short of capital, but everyone is playing drumming and passing flowers, and everyone can make money by cooperating with each other.
At this moment, from her sitting posture to her demeanor, Miss Sha is very professional, smiling intelligently, confident and elegant.
She asked Xu Teng to give a complete and beautiful explanation, and if the explanation was good, she could give Xu Teng an extra amount of capital, and speculate the valuation of Tiantian Company a little higher, and it didn't matter if she fried a sky-high price, anyway, as soon as she was listed, she would cash out.
"Mr. Xiong of IDG told me that the network security industry I am doing now is still blank in China, and he will definitely invest in my opponent's side, which is my mistake. Xu Teng didn't rush to explain, he played with the teacup very calmly, and his smile was sunny and pleasant.
Pretending to be forced, who is worse than whom!
"I think if he has to invest in other companies, it must be his mistake. Sha Liqi smiled very playfully, and the implication was that it didn't matter, let him go, my sister was the one who voted for you.
"Okay, I'll explain what I think. Xu Teng poured himself a new cup of tea, took a sip, and consumed a few more seconds, lest he have nothing to say later, and everyone would be embarrassed.
"Although Fuxin International is not comparable to giants such as IDG, AIG, and Softbank, or even far from it, I have an agreement with President Mei Jiali of Fuxin International that she will only invest in one of our network technology companies in China, and all investment in this field will be concentrated in Tiantian Company, and you will not do this. Xu Teng looked at Lu Fangfang, who couldn't help laughing, and motioned her not to talk too much.
Lu Fangfang also didn't know that 7% of Fuxin International's capital was Xu Teng's pocket money, only that Mei Jiali loved Xu Teng, and she loved to die or live, Xu Teng, the best little white face, didn't need to open a price code, no need to open conditions, Mei Jiali was already eager to give Xu Teng all the qiē resources, and spend it as much as she wanted.
"In terms of the speed of development, the expansion is too fierce, and it is not conducive to the stability of the company's team, and the heads of various departments are not even friends, they are all mercenaries, and they are in charge of their own affairs, which must be a big trouble. Finally, when it comes to listing, I definitely want to be listed in Hong Kong, and I don't need to go to NASDAQ. The reason is very simple, I have my policy channels, so I will not sue you if I hear or know anything. ”
Xu Teng explained the truth clearly, and sighed in his heart, before half an hour came, the conversation was over.
Sha Liqi was stunned for a while, a little unable to bear the blow, and didn't know how to refute the other party, the key to the problem is that Xu Teng has no intention of going to NASDAQ to be listed, and he has no intention of letting investment banks come over to speculate in turn, warming up for the listing.
"President Xu, with all due respect, isn't your idea too simple, so let's do it, when will you change your mind, when will you call me. Sha Liqi took out a business card and gave it to Xu Teng, what she said was very good, but IDG's Xiong always bluntly ridiculed Xu Teng for being too naïve.
Too simple, too naïve...... In fact, it all means the same thing, Xu Teng is stupid & forced & young & young, he has a problem with his IQ and can't communicate.
Xu Teng shrugged his shoulders, gave back a business card, and immediately looked at Lu Fangfang and Sun Hongbin, without speaking, the general meaning was in his eyes and expression-If you two are fine, our morning tea party will be over, I really have something.
"Xiao Xu, I came to you this time, in fact, it was arranged by your wife, although I and her Fuxin International have set up a joint stock company, we haven't figured out what specific projects to do, of course she means to ask you for advice. Lu Fangfang said with a smile, deliberately glanced at Sha Liqi, and pointed out, "It just so happens that Brother Sun and Sister Sha are friends in the business world, so you might as well help me think of a good business and find a good direction together." ”
"Oh, oh...... You're married to that Miss Mei from Forshin International...... Or are you engaged?" Sha Liqi obviously knows Mei Jiali, after all, they are all venture capitalists, and their peers are enemies.
It was only with Xu Teng that Mei Jiali changed the management style of Fuxin International from a typical venture capital to a Buffett model of Berkshire & Hathaway, with long-term investment and operation.
"There's no engagement, it's just talking. Xu Teng had to deny it, in case everyone thought that he and Mei Jiali were engaged, and the news finally reached Xu Ma, Xu Ma would definitely be furious, and she would definitely think that Mei Jiali was deliberately playing tricks.
That's miserable, Mei Jiali probably won't want to marry into the Xu family in her life.
"Miss Mei and I are best friends, I know a lot, but now the key is that Xu's mother disagrees. Lu Fangfang is a female goblin, a sigh, quite worried for Mei Jiali.
This matter is really going to be broken, Lu Fangfang must have woken up from sleep and laughing.
"The point is that she's older than me, and it's not as simple as three or four years old. Xu Teng also looked worried, holding his forehead, and sighed with a headache, yes, he is a professional actor, Lu Fangfang is a rival who is looking for the wrong opponent compared to him.
"Oh, this is also understandable, parents all over the world have similar thoughts about being a mother. Sha Liqi's gentle and professional smile was quite understanding, but she sneered in her heart.
She was very unhappy in her heart, and after going around for a long time, Xu Tengzhi said that her daily network technology company is a subsidiary of Fuxin International, so isn't it over?
Was she so bored that she ran over enthusiastically to give a tray to the subsidiary of Fuxin International?
Although the size of Intertrust International is far from being comparable to that of AIG Asia Fund, it is also a Hong Kong-funded consortium with total assets of nearly $3 billion, concentrating capital, spending hundreds of millions of dollars to invest in a network technology company, and using AIG, IDG, and SoftBank to join in the fun.
Sha Liqi said so, Tiantian Company will definitely reach a gross profit of 50 million Hong Kong dollars next year, which can be listed on the Hong Kong Growth Enterprise Market, with a series of Macau Mei's consortium of Fuxin International, Fuxin Group, and Fuheng Group, plus other Hong Kong-funded consortiums to raise the bank, and the stock price broke records in minutes.
Her side is American-funded, and the other side is a Hong Kong and Macao consortium, which is completely two roads, and it can't be sprinkled in a urinal at all.
"Xiao Xu, we used to have a bit of a holiday when we were in the capital, and I was taught a bad lesson by you, I really know it's wrong. Lu Fangfang's posture has always been very soft and low, humble and pitiful begging for mercy, "You just go around my sister's life, okay, not to mention the company that I have a joint venture with Carrie, and Fuxin International also accounts for half of the shares, so you don't give your sister a face, but you also give Carrie a little love." I know all about your little husband and wife, you have the final say, she doesn't dare to tell you, let me beg for mercy and ask for forgiveness. ”
"Sister Fangfang, you are strict with what you say. Xu Teng smiled indifferently, as if he didn't take the past to heart, and as he spoke, he unlocked his phone and texted Mei Jiali.
Soon, he received a reply.
Mei Jiali actually still likes Lu Fangfang very much, and is quite willing to have some contacts, occasionally drink some wine, and cooperate in some small businesses, but now she is probably not worried that Lu Fangfang can hook Xu Teng away.
Now it's three VS one, even if Lu Fangfang is a goblin, it is impossible for the fifth person to intervene.
"Okay, help you. Xu Teng threw his mobile phone back on the tea seat, called Qin Xiaolu over with the walkie-talkie, took the tea set to be washed and air-dried, and exchanged it for a bottle of Hennessy VSOP.
The difference in taste between Hennessy VSOP and XO is extremely weak, and it is difficult to distinguish even if you drink Xu Teng's Cheng dù, at most it is difficult to judge the difference in the barrel used when it is stored, whether it is four years or six years.
Therefore, he usually only drinks VSOP, and only drinks Hennessy's Richard cognac directly when he is with Mecarrie, skipping the XO grade.
Xu Teng drank silently, and he still had to think about Lu Fangfang's request for him to help with the plan.
Mr. Xu is right, he is always cheaper than others.
Of course, what he plays by himself and what he arranges for others to play is a small business, not as exaggerated as Mr. Xu, and what he plays is a big business as vicious as Apple and Tencent.
It doesn't matter if it's cheap.
To put it mildly, he plays Shenkeng, Chen Daqiao also plays Shenkeng, it seems to be beautiful on the surface, and his daily company is not much better than 360 in the end, and it is just a hot moment.
Chen Daqiao's film and television company is frantically investing in the film and television industry, crazy expansion of cinema screens, the problem is that other capital will also rush in in the later stage, more than ten years later, more than 70,000 screens across the country, continue to run to the scale of 100,000 screens, or even 150,000 screens, the major cinema chains will sooner or later lose blood and vomit blood.
So.
He decided to introduce Lu Fangfang to a god pit as well.
"Let's make a hotel. Xu Teng took a few sips of Hennessy cognac, which was as red as blood, and explained his plan more clearly, "You try to control the Huateng Group to turn to the hotel industry, focus on four- and five-star hotels, and try to chain them across the country." At the same time, the new company of your joint venture with Carrie focuses on doing a national chain of convenient small and medium-sized hotels, and has its own stores to occupy a good position, and then spreads to join in various cities and counties to provide unified management, and the core competitive idea is to focus on cost performance and transportation advantages. ”
"After the new company is listed, when it reaches a certain market capitalization, you can use the new company to merge with Huateng Group, expand your shareholdings, and disperse the number of shares held by others. At the same time, replace the old team with a new team to achieve complete control of the entire group company. ”
Xu Teng finished speaking, looked at the time, there were still ten minutes, and he didn't know what to do.
"It's that simple?" Lu Fangfang was a little incredulous.
"Everything is very simple to say, the key is whether you can do it well, whether you can do it better than others. To be exact, it's not whether you can do it well, but whether the people you hire can do it well. Xu Teng pretended to be bored, and he was idle anyway.
At this time, Xu Teng is basically the upper body of the gold medal lecturer of business management, elegant, calm, calm, and eloquently using the last ten minutes to pretend, "You go to study the market, and then formulate a perfect business plan, recruit the right executives who trust you, and are worthy of your trust, and train the right employees to implement your plan." If you can reach this level, you will definitely succeed in any industry. Of course, you can choose to hit the wall, choose to break the wall, or you can choose an air outlet and be a wild boar blown away by the wind. ”
"Our country has a large population, a large density, and a large number of miles, we are equal to two European Unions, such a large market, think about it, what can the scale of the mid-to-high-end service industry develop? What is the mid-to-high-end service industry, running around, going on business trips. There is another problem in our country, for the sake of children and so on, the divorce rate is always not high, and now money worship is prevalent, social pressure is high, and the probability of emotional problems is high, what does it mean, open a house. ”
"So, you can have two chain brands, one is the transportation layout around the bus station and the train station, and the other is the boutique style hotel in the city, which targets the young market, and the market for young and middle-aged men and women. ”
Xu Teng has said everything he should have said, anyway, Fuxin International has half of the shares in this company, and the stock price is right, so he will sell it immediately, and when all the capital is crazy to open a chain of hotels, leave Lu Fangfang, the banshee, to support it.
He drank wine, crossed his legs freely, looked at the time, dizzy, he spoke so slowly and analyzed for so long, there were still seven minutes of meeting time.
Lu Fangfang's business acumen, including courage and courage, is still poor, but her ability to confuse men and women is very powerful, Xu Teng said this kind of Cheng dù, she still has to look at Sun Hongbin, and wants Sun Hongbin to help her think about it.
"I think it's okay, it's very good, and I'd love to be involved in such a business plan. "Sun Hongbin is very excited, this person must be very excited, because his Centrino strategy is much more radical than Xu Teng's.
This person is very fierce, and there are actually many flaws, anyone who can realize that this person is sick as long as they casually search for the Centrino case.
Of course, others are not only fierce, but also good at learning lessons, before Centrino went bankrupt, he transferred a large amount of assets and fled, registered a new company, and quickly rose again, re-becoming one of the seven major real estate developers in the country.
Cows, real cattle people.
"If it's a big writer himself, I'm very willing to invest. Sha Liqi is obviously not optimistic about Lu Fangfang, at least far less powerful than Xu Teng, she remembered one thing and asked Xu Teng, "Great writer, I heard that you only spend two hours a day managing the affairs of Tiantian Company, it sounds very powerful, can you share your experience with us?"
"Actually, it's very simple, first, I never believe that I'm smarter than others, as long as he is very focused and willing to do things 18 hours a day, 365 days a year, he must be 20 times better than me; second, I can tolerate other people's mistakes and learn lessons; third, I manage too much, and it is difficult for senior management to do things, lack authority, and dependence, and it is difficult to give full play to their own talents; fourth, I manage less, so that I can maintain external neutrality and observe every department of the company, every project, the company and customers from the perspective of a bystander, the relationship between the market. ”
Xu Teng spoke more slowly this time, anyway, Sun Hongbin and Lu Fangfang wanted to listen to his words and learn from him, so they basically had to go to the ditch.
As the saying goes, those who learn my spirit live, and those who copy my methods die.
Everyone's personality is different, thinking is different, knowledge structure is different, and the strategy of doing things and doing business must be different, Xu Teng will never let Mei Jiali learn his management methods, which can kill Mei Jiali.
"Great writer. Sha Liqi made a difficult decision, "I know that your company is basically an ally and subsidiary of Fuxin International, and there are no other opportunities to invest in companies, but I still want to invest, and I hope you will give us a chance to be friends." So, I want to ask, how high is your valuation of Tiantian?"
This is a very smart woman, worthy of being the Tsinghua female scholar in the late 80s, much higher than Lu Fangfang.
She didn't say "I'll give you $10 million, how many shares do you give me", this is what Lu Fangfang would say, Sun Hongbin is very bold, but in terms of business acumen, he will basically speak like this.
Sha Liqi asked Xu Teng to quote, if the price quoted was lower than her psychological expectations, she could immediately invest forty or fifty million US dollars.
"If it goes public in the U.S. in the second half of next year, my estimate is around $2 billion, and if it goes public in Hong Kong, it's about $1.5 billion. As for the future, it's hard to say for the time being, but I think that in ten years, a total market value of $20 billion is possible. Xu Teng said a very powerful valuation, which frightened Sun Hongbin, chairman of Xunchi Group, and Lu Fangfang, chairman of Huateng Group, who were next to him.
It's blown.
Sun Hongbin just had such an idea.
The current real estate boss in China is Vanke, with a market value of only more than 10 billion, and the valuation of Xu Teng, a small broken company, is calculated as RMB, which is 17 billion, which is really a joke.
Xu Teng's valuation is much higher than Sha Liqi's expectations, almost half higher.
"Okay, let's calculate according to your listing in Hong Kong, what you said is that in the second half of next year, I will invest 70 million US dollars now, asking for 10% of the shares, is it reasonable?" Sha Liqi actually quoted according to her valuation, half of which is based on Xu Teng's advantages as the chairman of the company.
She is willing to invest in Tiantian Company at this price, in fact, she hopes that Xu Teng will lead Tiantian Company to a more important business, she has observed all the IT companies in China, and at present, it seems that only Tiantian Company is most likely to challenge success.
"50 million US dollars, 5% of the shares, I can coordinate it. Xu Teng repaid a price, but in fact, he didn't even want to give this price, and he really didn't need venture capital.
Of course, others have to send him money to burn, and he just saves a little money, leaves more money to buy real estate, invest in movies and TV series, and play with a few little stars.
Fuxin International is his, and Tiantian Company is also his, and the two companies have a debt-to-equity swap agreement, and Fuxin International can convert the debt into shares at any time and expand his actual control in the company.
"Okay, just the price you said. Sha Liqi agreed, she felt that the price was still quite high, at least for now, the premium was too high.
"I'm a very fair businessman, and Tiantian Company and Fuxin International have a debt-to-equity swap agreement, and the terms are very favorable, so Mei Jiali can activate this clause at any time. I'll start this debt-for-equity swap agreement and then coordinate the 5% shareholding for you. Xu Teng didn't want to use this agreement to blackmail Sha Liqi and AIG, it was boring, and he couldn't ruin his reputation for this little money.
"Well, I know that a great writer is a virtuous entrepreneur. Sha Liqi calmly smiled and thanked her, but she was actually so frightened that she almost exploded, but she didn't expect Xu Teng to have a mine in her hand, fortunately Xu Teng didn't want to trap her, otherwise, she would lose her position as the executive general manager of AIG Asia Fund.
Half an hour has arrived.
Xu Teng looked at the time, got up and said goodbye, "Several, then that's it for today, let's make an appointment to talk about the details later, I wish you a happy New Year's Day, and I will also go home to accompany my wife." ”
"Hehe, I really envy the quality of life of our great writers. Lu Fangfang really sneered, she couldn't expose it on the spot, this big writer has three beautiful wives, one is more exaggerated than the other, from a singer to a movie star, and then to the female president of the mixed-race gambling king, this bastard has all gathered.
The most hateful thing is the cohabitation of four people.
Lu Fangfang really can't understand, how can Mei Jiali, Zeng Quinoa and Xia Li accept it?
Okay, since everyone's scale is so wide, it's no problem to add me to it...... Lu Fangfang really thought so, Xu Teng and Mei Jiali's family life simply made her salivate and envious.
"Great writer. Sha Liqi couldn't help laughing, "You are not enough friends, I specially flew from Beijing to Jiangzhou to meet with you, today is still New Year's Day, the first day of the new year, I will give you 50 million US dollars and only take 5% of the shares, such a generous price, such sincere sincerity, don't you invite me to your house for dinner? Besides, Carrie and I are actually friends, and I still have cooperation with her on several real estate projects in Beijing." ”
She wants to give Xu Teng a huge investment, she must have her ideas, and she hopes to negotiate things today, since Mei Jiali is also there, she wants to go to Xu Teng's house to discuss this very important IT industry plan with this young couple.
Because there are several new technology companies in the domestic IT market that are very promising, but venture capital is not welcome, Tiantian Company is one of them, and one is Tencent Technology.
"Ha!" Lu Fangfang couldn't help laughing, she sneered exaggeratedly, she was afraid that when Sha Liqi went to Xu Teng's house for dinner, she would be scared crazy by Xu Teng's life. (To be continued.) )