Saturday morning, December 12.

The two sides of the venture capital formally met and discussed, and in a conference room, after Shi Yao met with the founder of Jingdong, he greeted him politely and said bluntly: "...... I won't beat around the bush anymore, Qunxing Capital plans to give Jingdongrong $300 million this time. ”

At this moment, not only Da Hadron was present, but Jingdong's assistant to the president and chief financial officer were there, and they were also surprised when they heard Shi Yao's wealthy posture.

300 million US dollars, which can buy Jingdong.

Or Da Qiangzi is much calmer, he said: "300 million US dollars is too much, the entire Jingdong may not be worth so much money at present, if your company wants to invest in Jingdong, we should be enough to receive 75 million US dollars." ”

Shi Yao smiled and said methodically: "This is not something that can surprise you Mr. Liu, let me tell you why the stars give this number, Jingdong's model is to build warehouses and logistics centers in big cities, and the $75 million you said is not enough for you to test this practice." Entrepreneurs often overestimate their abilities and underestimate the difficulties they face. ”

Da Qiangzi was very surprised that Qunxing Capital actually recognized Jingdong's model, you must know that most domestic investors are not very optimistic, and he is often scolded by the founder of Ali.

Let's try it soon, everyone. 】

There is no way that Mr. Ma is too good at speaking, too good at arguing and too able to speak, and many peer exchange conferences have become green leaves that set off Mr. Ma.

His Shi Yao also has reservations about Jingdong's business model, but this is the big boss's request, and now the words to communicate with the big hadron are also prepared by the big boss in the materials, and Shi Yao is also using reference materials to expand.

After a while, Shi Yao said again: "You think that 75 million US dollars is enough, which means that you have not clearly seen the difficulties and challenges of this thing you have to do yourself, Jingdong is doing an extremely money-burning business, I think you don't deny this, then you can't build your core competitiveness without burning enough money in logistics and supply chain, Jingdong needs so much money, so we will invest so much money." ”

Da Qiangzi couldn't help but fall into deep thought, and he also knew that the words of the investors of Qunxing Capital could be regarded as saying that his heart was gone.

Shi Yao added: "With 300 million US dollars from Qunxing Capital, Jingdong will be able to quickly establish an unshakable leading position in the B2C e-commerce field in a very short period of time, and even deter competing companies that invest capital in this field to some extent, thereby strengthening Jingdong's market position." ”

At the end, it was time for the stick to finish speaking, Shi Yao directly said ruthlessly: "Either you will accept the investment scale of 300 million US dollars, or I will not invest a penny in Qunxing Capital, but we will invest this money in your direct competitor company, and completely copy your Jingdong business model, because we are also optimistic about this model, Qunxing Capital is not much else, it is more money, 300 million US dollars is not enough, we can continue to invest another 300 million US dollars." ”

Belch......

Da Qiangzi and several people were stunned by these words, and they were speechless to refute for a moment.

Nothing else is more money!

There are not many people who can say such things and be convincing, but Qunxing Capital definitely has the qualifications to say this, and Da Hadron absolutely believes it.

Because Qunxing Capital made a big deal last month, that is, the layout in the field of commercial aerospace, its Kyushu Blue Arrow announced that it would invest tens of billions of dollars in research and development every year, and 100 billion yuan in ten years.

This incident caused a sensation in the investment and technology circles in November, and was reported on the front page of various media organizations, and Da Hadron also heard about it.

Who in the current venture capital industry doesn't know that Qunxing Capital is a super VC institution that is so rich that it has no friends, and the money is like a strong wind, smashed without blinking.

More than 200 million is a small amount of money for Qunxing Capital, if you really want to lay out the B2C e-commerce field, if Jingdong does not accept it, in case the competitor obtains the financial support of Qunxing Capital, which is a master who spends money without blinking, it is definitely enough for Jingdong to drink a pot.

On the contrary, accepting the investment of Qunxing Capital, Jingdong can almost be said to take off on the spot, and Da Hadron also knows very well that what Shi Yao said is very correct, and Jingdong, who has received financial support, can quickly establish an unshakable leading position in the B2C field in a very short period of time, and can also deter capital to invest money in competing companies to a certain extent.

After all, to burn money with Qunxing Capital, other VCs still have to weigh and weigh, for other investors, it is better to follow Qunxing Capital to Jingdong's car together, so that Jingdong's competing companies will be able to cash out and curb their financing ability, and Jingdong will receive continuous support from capital.

Although the big hadron who weighed it repeatedly in his heart did not express his position directly, he basically knew what to choose.

……

A week later, on Saturday, December 19.

Jingdong officially announced that it has received an investment of 300 million US dollars from Qunxing Capital to complete the C1 round of financing plan, equivalent to about 2 billion yuan, which is the largest single financing scale of the domestic Internet this year.

As soon as the news came out, it shocked people from all walks of life in the Internet circle and investment circle.

When many people in the industry saw this news, they repeatedly confirmed that Qunxing Capital did not directly buy Jingdong, but financed Jingdong.

However, it is not known how much equity will be transferred, because Jingdong, including Qunxing Capital, has not disclosed it to the public, and everyone is very curious about how much valuation Jingdong has been given by Qunxing Capital, which must be far higher than the current $200 million given by the industry.

Entrepreneurs and investors have knelt down for Qunxing Capital, and the money is really smashed without blinking, which once made many people dream back to the years when the Internet bubble burst in the millennium.

You must know that the world has just experienced a financial turmoil, and it is too much for Qunxing Capital to throw money at this juncture.

The current Jingdong, the previous Kyushu Blue Arrow, is in front of the film and television copyright procurement, and then in front of the investment in Xingyu Technology, quantum beating, etc., the shot is a top one, and one is more outrageous than the other, highlighting a arrogance.

Aside from the merger and acquisition of Hengtong Pharmaceutical Group, entrepreneurs have found that Qunxing Capital is really a proper angel investor.

Many people who watched the lively melon eating saw the recent operation of Qunxing Capital, Kyushu Blue Arrow entered the commercial aerospace, and now it has invested 200 million yuan in Jingdong, and netizens who eat melons have ridiculed that this is aerospace + Jingdong, Mars will arrive the next day, this is the rhythm of interstellar express.

However, after being surprised by the generosity of Qunxing Capital, industry insiders then predicted that this investment would inevitably be wasted, on the grounds that they were still not optimistic about Jingdong's business model.

And it is still to take out the arguments that the founder of Ali complained about before, not to mention that in the future, Jingdong's hundreds of thousands or even hundreds of thousands of courier salaries will be enough for the company to drink a pot, and profitability will become an unattainable dream, and Da Hadron can't come up with any reliable profit plan at present.

However, this can't change Da Hadron's insistence, public opinion from the outside world is not the focus, and the recognition of Jingdong's business model by the father of Qunxing Capital has also given Da Hadron a lot of confidence.

Qunxing Capital has once again attracted the attention of the outside world, and everyone can't figure out how this lightning rising investment institution can have so much money, as if it can't be spent, and each one is more scary than the other.

Most people in China are familiar with Qunxing Capital is that this investment institution has made a lot of money in the overseas capital market and the A-share market, successfully buying more than 1,660 points, and now it seems that it has made a lot of money.

There seems to be an answer to the question of where the money comes from, that is, it is earned from the stock market.

……

However, it is said that in the recent A-share market, during the financing period between Qunxing Capital and Jingdong, the big A began to fall again, especially this Thursday and Friday, which fell by -2.34% and -2.05% respectively, and the market index fell from 3300 points to the 3100-point water mark.

Now that the market has come out, not to mention the previous high of 3478 points, even the second high of 3361 has become a new pressure platform, and the market is becoming weaker and weaker.

At about 11 a.m. on Tuesday, December 22, the A-share market was in the intraday trading period, and there was a major negative news on the news side.

Affected by this news, the A-share market, which had just been in the red at 11 o'clock, fell back in response, and accelerated its dive at the opening of the afternoon.

If the news is true, it means a large-scale flight of hundreds of billions of funds, which is a conceivable blow to the market, including a blow to confidence.

Guangqunxing Capital has run so many institutions alone, what about other institutions?

Regardless of whether the news is true or not, after the news comes out, there will be a first-hand fund smashed and then talked.

As a result, today's market fell below the 3100-point platform support, and by the end of the day, the Shanghai Composite Index fell -2.32% to close at 3050.52, a new low in recent times.

……