My Age of Investment

"The current indications are that Xiaonei is really out of money. Otherwise, with Xia Jingxing's temper, why would we let us staking the land?"

On the board of directors of Thousand Oaks Group, Chen Yizhou judged sincerely.

His purpose for convening this meeting was to persuade various shareholders to take this opportunity to deal a heavy blow to Xiaonei and regain the position of China's No. 1 SNS that originally belonged to Thousand Oaks.

Since Xiaonei.com was acquired by Xia Jingxing, they have been frustrated more than once. The whole company has been distracted, and he has lost a lot of hair.

In the past half a month, they finally raised their eyebrows for a while.

The content on the 5q campus network platform is full of various campus events, campus stars, such as football school grass, music school beauty...

These artificially created topics and hot spots have attracted the attention of a large number of students with excess hormones, and at the same time, they have attracted a large number of active users of Hainei.com.

Things are going great!

If he doesn't take the opportunity to overtake on a curve, he is afraid that he will have long nights and dreams.

Originally, he was also worried that after a summer vacation, Thousand Oaks' campus events might be cold and unable to catch up with the Shanghai Intranet.

Therefore, he specially spent 400 million yuan to carry out activities, and his budget was fully double that of Haineiwang.

These are all promoted by him under great pressure.

Unexpectedly, the effect of the event turned out to be so good, driving the number of registered users of the 5q campus network to increase rapidly.

This allowed him to see a glimmer of victory.

So, he dug up the plan he had mentioned before, and prepared to increase investment and surpass Hainei.com in one fell swoop.

But such a big deal requires the support of shareholders.

Xiong Xiaoge tapped his fingers on the table, his eyes full of doubts, "Is the news on the Internet accurate? I still don't believe that Xia Jingxing's funds will be tight."

"It's absolutely true, there is absolutely no falsehood."

Glancing at the shareholders present, Chen Yizhou said mysteriously: "I have asked my friends in Silicon Valley and Wall Street to inquire about it.

Facebook's operations are still normal, but the situation of Vision Capital's hedge fund is very pessimistic. "

"How to say?"

Zhang Fan sat up straight and became interested instantly.

The reactions of other shareholders were similar to Zhang Fan's, and they all cast interested eyes.

Over the past year or so, Envision Capital has been like a mountain on their heads, making them almost out of breath.

Moreover, Envision Capital's aggressive style of play and its unsightly appearance are like a powerful foreign dragon that has turned the Chinese vc market upside down.

In other words, the world has been suffering for a long time!

Xia Jingxing's misfortune was something everyone of them would like to see.

Chen Yizhou played tricks on purpose. Seeing that the shareholders' appetite had been whetted, he said, "I have a friend who works on Wall Street. He said that the newly established Fund of Funds of Vision Capital has only entered the market for a month, and it has lost money." At least this number." Chen Yizhou waved three fingers.

"300 million?" Some shareholders exclaimed.

Chen Yizhou nodded, "Yes, the unit is still US dollars. I heard that many American LPs don't trust Envision Capital because of this, and the reputation accumulated in the past few years has been wiped out."

"Hedge funds are inherently risky, and losing money for a while doesn't mean anything. Even if the losses are really big in the end, liquidating the fund will not hurt Xia Jingxing's foundation."

Xiong Xiaoge suffered several losses, and he no longer dared to underestimate Xia Jingxing. He always felt that the whole thing revealed a kind of weirdness.

Moreover, he judged that as long as there were no major problems with Facebook, Xia Jingxing's roots would not be hurt.

"Hedge funds can be regarded as the first domino. It is hard to say that there is no investment from Xia Jingxing in it. When it falls, it will definitely cause subsequent chain reactions."

Chen Yizhou said indifferently: "Besides, what kind of virtues are Morgan Stanley and Goldman Sachs? I believe that many of you here have worked on Wall Street and have a sense of balance in your heart. It is hard to say that the two investment banks will not be hurt because of this.

I reckon that the loan draw is not groundless. Just asking for additional collateral or repaying part of the loan is enough to squeeze out the liquidity of Vision Capital and Xia Jingxing's personal assets.

He has no money, and he doesn't care about the Shanghai Intranet. Guangyuan Capital and Facebook are enough for him to have a headache. "

All the shareholders nodded, feeling that Chen Yizhou's judgment was reasonable.

"Whether it's the news on the market or your inferences, they are all based on a small part of the news plus a large part of speculation. It's hard to say that they are definitely correct."

After finishing speaking, Xiong Xiaoge shook his head, "Vision Capital is registered in Cayman, and Facebook is an unlisted company, so it is difficult for us to obtain the exact personal financial information of Xia Jingxing.

My suggestion is to be on the safe side and stop spending money blindly.

400 million has already been spent, which is more than enough, and it should be slowed down. "

Some shareholders nodded, Xiong Xiaoge's views are mature and prudent, not rash.

"Why!"

Zhang Fan sighed, "Regardless of whether Xia Jingxing is in financial crisis or not, what lies ahead of Thousand Oaks is a once-in-a-lifetime opportunity, should we just let it slip away like this?"

After glancing at everyone, Zhang Fan continued: "If you miss this opportunity, you may never have the chance to catch up with Shanghai Neiwang again.

You can evaluate for yourself that users other than students have already accounted for half of the number of users on the domestic network, and it is still growing at a rate of several million per month.

If we don't catch up, there is really only a dead end.

Taking a step back, Xia Jingxing really has a serious personal financial crisis and cannot support the development of Hainei.com, but Facebook can!

Don't forget, guys, Facebook is a shareholder of Hainei.com.

Xia Jingxing personally has no money, but Facebook has money. This giant has only raised 1.5 billion US dollars in equity and debt. It is not too difficult to acquire Hainei.com. "

Hearing this, everyone's hearts trembled, and they almost forgot that this layer can purchase Hainei.com as a springboard to officially enter China.

Thinking that such a behemoth might become Thousand Oaks' direct opponent makes one shudder.

Zhang Fan sneered, "Now everyone knows how dangerous Thousand Oaks' situation is? We are in a race against time. If we are still hesitating, we should stop fighting and divide the money in Thousand Oaks' account."

Hearing this, the minority shareholders present all lowered their heads, thinking in their hearts.

Xiong Xiaoge also looked thoughtful. Although Zhang Fan's personality was relatively strong and his words were very aggressive, his analysis was not unreasonable.

Chen Yizhou and Zhang Fan's eyes met, and there was a smile on the corners of their mouths.

"After spending 400 million yuan, we still have 600 million yuan in reserve cash in our account. I think it is more reasonable to use another 400 million yuan for promotion, and it will not cause great financial pressure on the daily operation of the company.

After we kill Haineiwang in one go, swallow their market and users, and start another round of financing, it will be enough to make up for all the previous expenses. "

Chen Yizhou looked at a group of shareholders, with a hint of confusion in his voice, "A while ago, the market valued Hainei.com had reached 1 billion US dollars! If we can replace it, no matter how much money we spend, we can earn it back.

Facebook's valuation is already as high as 25 billion US dollars, even so, it has not yet touched the ceiling of SNS.

I can't think of a reason not to restock sns!

If Thousand Oaks loses this battle, not only me, but everyone here will probably regret it for the rest of their lives. "

What Chen Yizhou said was really touching.

Xiong Xiaoge, who recommends being steady, is torturing his heart: If he loses the opportunity to bet on a tens of billions of dollars in a company because of conservativeness, will he regret it in the future?

At the same time, one will ebb and flow, and idg will be pushed down by Envision Capital as the number one VC in China.

Zhang Fan said with a smile: "There is nothing to hesitate. This is the brave man who meets on a narrow road. I support Yizhou's decision."

"Okay, let's do it!" After weighing it up, Xiong Xiaoge decided to take a big gamble.

"Yes, done!"

"support!"

...

All the shareholders were finally persuaded, and they followed suit one by one.

Tong Shijie, the representative of the minority shareholder, didn't say a word throughout the whole process, mainly because there were not enough coffee seats, and it was inconvenient to come forward to stir up trouble.

At this time, he also followed behind to express his support, shouting slogans resoundingly.