Located next to the Changping Future Science and Technology City in the northern suburbs of Beijing, the Lafitte Castle Hotel is a well-known resort hotel in Beijing. It is divided into a castle hotel and a hot spring hotel.
Phoenix Fund is famous in the Internet world. Nowadays, Internet company financing is not called "BAT" round, but "ATF" round.
Phoenix Group is now an Internet giant. Although its core business is taxi-hailing business: Uber, it seems to be less interesting than Alibaba's Taobao, Tmall, Tencent's games, and WeChat. But it is not.
Uber occupies 93% of the domestic taxi market, which is equivalent to a monopoly. The cash flow of this business is still very stable. Then the Internet giants have businesses: third-party payment, long video websites, games, film and television companies, cloud computing
, internal social tools are available from Fetion, Venture Capital, and Phoenix Group.
Moreover, Phoenix Group also controls Sina, which is very small. Together, these businesses are enough to support Phoenix Group's status as an Internet giant!
Of course, currently Phoenix Group still lags behind Alibaba and Tencent.
Alipay is currently in the limelight! It is said that it will become the world's largest IPO after listing. The water here is too deep, so it's hard to say much.
Zuo Hao, the 44-year-old president of Phoenix Fund, was in the lobby of the Chateau Lafitte Hot Spring Hotel. He called Mr. Jing to ask for an interview. Naturally, Mr. Jing’s assistant answered the call. And of course his person had already
Go to the hotel and wait. This is your duty as a subordinate.
Nowadays, it is rare to see Mr. Jing. We basically rely on internal emails to maintain communication. Mr. Jing no longer participates in the annual meetings of various groups and does not accept interviews from the outside world. It is a bit like the emperor of the Ming Dynasty who used official documents to govern the country.
A moment later, Assistant Zhang called, "Mr. Zuo, come here! When you get to the hotel lobby, the butler in the presidential suite will bring you up."
"Okay, Assistant Zhang." Zuo Hao hung up the phone, rubbed his face vigorously, tried to keep himself in a good condition, and stood up. Phoenix Fund needs to re-formulate its future strategy.
…
Zuo Hao arrived at the presidential suite on the 6th floor under the leadership of the butler of the hotel's presidential suite. Four young and beautiful girls were sitting on the modular sofa in the living room. Zuo Hao naturally did not look at their looks, figures, or marvel.
Mr. Jing’s romantic style is well-known throughout the world!
Zhang Li, who was bright and clean, stepped on high heels and took Zuo Hao to the study room, "Brother Jing, Mr. Zuo is here."
Jing Gao was flipping through the Phoenix Fund's information behind his desk. There was a thick stack of information that Zhang Li brought to him. "Lao Zuo is here? Sit down!"
"Okay, Mr. Jing." Zuo Hao sat upright in the chair outside the desk like a primary school student.
"What situation must I handle? Tell me." Jing Gao closed the document in his hand and asked directly.
Zuo Haohui reported: "Mr. Jing, the main business of our Phoenix Fund is venture capital, and we are not a fund company. We use our own capital. But now as the Internet burns more and more money, and Phoenix Fund
It is a separately accounted subsidiary, unlike the Phoenix Group's strategic investment department, which can be funded by the Phoenix Group.
Now I need to ask you for your instructions whether to change the Phoenix Fund to a private equity fund?
First, we can absorb more funds from society and continue to maintain our leading position in the field of venture capital.
Second, because our performance is very good, some people have suggested that we change to a private equity fund, and they want to buy our fund shares and share our profits."
Jing Gao sneered, patted the thick documents in his hand, and said casually: "Lao Zuo, you don't need to be secretive in front of me. Some people? Who are the people who are interested in my business? Tell me your name!"
Zuo Hao suddenly felt huge pressure coming on him and replied: "BlackRock, Goldman Sachs, Morgan Stanley, and some domestic capital."
"Haha, those people on Wall Street! Why, Hongbin China, Gaoling Capital, and IDG don't have enough investment for them?" Jing Gao knew what was going on when he heard the name, "Those people in China? Shen Nanpeng, Zhang Lei Jumping backwards?"
Zhang Li brought tea in and was slightly startled when he heard the names. These are all famous names in the business world, but in Brother Jing's mouth, they seemed to be just that.
"Thank you!" Zuo Hao took the hot tea and explained with a wry smile: "Mr. Jing, that's not true. The main reason is that our Phoenix Fund has overwhelmed Hongbin China and Hillhouse Capital in China. They are basically following us. Most of the investment from behind was taken by us. It was some capital from Shanghai that took the lead in putting pressure."
Because Mr. Jing almost suffocated the people from Hongbin China and Gaoling Capital to death during the merger of Uber and Didi a year ago. Those people are now extremely polite to Mr. Jing. They basically just stay away. It is said that Shen Nan Peng himself is very well-behaved in front of Mr. Jing.
In the past two years that he has been in charge of Phoenix Fund, he has actually received a lot of dividends from Hongbin China. He has invested in all the new car-making forces.
"Are they Feng, Zhong, Fang, and Wei?" Jing Gao sipped his tea and said disdainfully: "Feng Xinjian dares to betray me?"
Feng Xinjian is Feng Xuehua's father. He cooperates with the Feng family in one of the top clubs in Shanghai, "Shuyun Club".
Zuo Hao said quickly: "No. Mr. Jing is an investment company established less than 2 years ago, called Dayuan Investment. The person in charge is a returnee expert who graduated from Harvard and has experience in many Wall Street investment banks. His name is Song Yao.
These are just the figures in front of the stage. It is said that behind them are some capitals from Shanghai, such as Liu Shaojun, the boss of Jingming Group, and Zhou Mingyang, the boss of Mingyuan Group. There are also capitals from Jiangsu and Zhejiang, such as Ali Group. Capital from Chaoshan: Baoneng Group. Behind them There are both Hong Kong and foreign capital.
He and I have had dinner several times. I hope the Phoenix Fund will be changed into a fund for everyone to subscribe to."
Jing Gao shook his head, gestured to Zuo Hao, picked up his cell phone and called his good friend Tan Qin in Shanghai, "Mr. Tan, there is such a thing..." He briefly explained the situation and said calmly: "
Logically speaking, I shouldn't be too sensitive about business matters. After all, the circle is so big. It is normal communication for Song from Dayuan Investment to persuade the professional managers under me. But I am a more sensitive person. The person behind Dayuan Investment What's going on? I feel something is wrong."
Tan Qin smiled bitterly and said: "Mr. Jing, I have been entrusted and am preparing to leave for the United States to learn about the situation. Have you not watched the news in the past few hours?"
"No! I didn't read the news online last night until this morning," Jinggao said.
He was at home in the courtyard last night with his pregnant wife Li Mengwei. After Weiwei became pregnant, she had stopped her graduate studies, but she still taught mathematics part-time at Jiaxin High School to concentrate on raising a baby.
In the morning, he went to Yuntu Villa to spend some time with Concubine Qingshuang to find out if there was any situation at Yuntu Villa that he needed to deal with. Then he took his assistant Zhang Li to the Chateau Lafitte Hotel.
Tan Qin said: "Something big happened! They used the same tactics when they cracked down on the French giant Alstom in 2012 and detained Alstom's executives."
The time difference between Beijing and Vancouver is almost 15 hours. In Beijing, it is around 10:30 am on December 2. In Vancouver, it is around 7:30 pm on December 1.
Damn it!
Jing Gao was also quite shocked. Of course, he had already expected what kind of virtue Angsa was. So he never set foot in Angsa again since he took his beloved wife Li Mengwei and his confidante Chen Yujie to the United States last summer.
territory.
He has only been to France since then. The Premier League club Leeds United, which he bought in the UK, performed well in the first half of this year. Under the leadership of head coach Bielsa, he qualified for the Europa League. These matters are all left to him.
Dong Lingxi, chairman and CEO of Zhaoshi Group based in Paris, went to do it.
Moreover, his companies are trying their best to delist from the US stock market and switch to Hong Kong stocks for listing.
"Mr. Tan, you have to work first. This matter... is a shocking change! Please pay attention to your safety when you go to the United States!"
"Mr. Jing, thank you!" Tan Qin muttered for a few seconds and said, "Mr. Jing, have you ever heard of such a saying? When you choose your friends, you choose your enemies. As soon as I heard the list of names you listed
, the same view as yours.
By the way, this big dollar investment is very inconspicuous! It is estimated to be less than 500 million U.S. dollars, and I didn’t even notice it. Otherwise, I would have told you first.
I generally know that Liu Shaojun’s family has a close relationship with the Wei family. Mr. Yao of Baoneng is probably very unhappy. Your previous position in the Baowan dispute has disrupted the situation. I have some impression that this Song Yao may be related to Mr. Ren of the Galaxy Group.
Personal assistant Song Fa has something to do with it. You can find out if you ask. I will check the relationship behind Dayuan Investment carefully when I come back."
Zhou Mingyang won’t talk about Alibaba’s capital here. His relationship with Jing Gao has long been a mess. Recently, Jing Gao is still focusing on Alibaba’s entertainment industry!
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"Mr. Tan, thank you. When you return home, I'll treat you to a drink."
"Haha, okay!" Tan Qin smiled and hung up the phone, thought for a moment, and went about his business. He was usually taken care of by his uncles, so naturally he had to contribute to such a shocking change. Let's see what happened across the sea.
what idea.
Huawei is not just a private company. It represents a high-tech company in China.
…
Jing Gao hung up the phone, feeling a little anxious. It wasn't that he was anxious about Dayuan Investment. After all, these were old acquaintances! He wanted to quickly notify all his executives to ban business trips to Angsa's territory. , traveling. Especially Dong Lingxi, he wanted to inform her because she would go to Leeds every month to meet the board of directors of Leeds United Football Club.
Jing Gao said to Zuo Hao, who was still standing outside the desk: "Lao Zuo, I know about this. You go back first and I will give you an answer in two days. I am busy now. You will know after watching the news."
"Oh, okay, Mr. Jing!" Zuo Hao stood up and left. He realized that Mr. Jing would not follow his suggestion and change the Phoenix Fund to a private equity fund.
He actually has pressure. One is that he is not a top venture capital manager. His performance is not very good. He relies entirely on Mr. Jing's connections and funds. In fact, he is half as good as Shen Nanpeng. , he no longer stayed at Phoenix Fund, but went out to start a business.
On the other hand, the Phoenix Fund is about to run out of funds. After more than two years of venture capital investment, billions of dollars have been burned. The Phoenix Fund's reserve funds are running out.
This made him very frustrated.
Zhang Li sent Zuo Hao out of the presidential suite on behalf of Jing Gao.
Jing Gao dialed the number of his right-hand man, Phoenix Group CEO An Zhiwen, in the study: "Lao An, let me know, Taichu, all Phoenix Group executives do not recommend business trips or travel to the territory of the Angsa Five Kingdoms. ."
