Zhang Yida and this group of plutocrats came to the sky garden on the 57th floor and chatted while drinking coffee.
"Thank you all for your support!" Zhang Yida clasped his fists and smiled at everyone, "I never thought that everyone would invest so much money in me."
"You're so humble." Huang Xiwen said with a smile, "My dad thinks very highly of you. I'll leave it to you to handle the industrial fund, so that we can all benefit from your wealth."
"Yes, as soon as my family heard about the cooperation with Ruixiang, they gave me 50 million US dollars without saying a word."
"Yida, the older generations in our family all speak highly of you and praise you as a rising star in China's business world."
…
The children of the chaebol have expressed their support for Huang Xiwen. Some of them have already begun to take over the family business, while others have not yet.
If Ruixiang Industrial Fund creates huge returns, it will undoubtedly strengthen their voice and even inheritance rights in their respective families.
Old-line chaebols like them have a short inheritance of three generations, and a longer one even reaches four or five generations.
Every household is a big family with dozens or even hundreds of members. There are many cousins, and in the future, in addition to receiving a family trust, everyone wants to take control of the family business.
But this control right is not available to everyone. In addition to seeking the care of the elders, it also depends on each person's business ability.
Zhang Yida's industrial investment fund undoubtedly provides them with a good opportunity.
So after the yacht party ended that day, they all went home to collect information about Zhang Yida.
I thought that Zhang Yida, who had the super unicorn acumen, was already awesome enough, and they, the third and fourth generations of rich people, were already very envious of him.
As a result, after getting all the information about Zhang Yida, their knowledge was refreshed again.
Ruixiang, Yimin Wangjin, Huimin Bicycle, Musical.ly, Pinduoduo...a series of star companies.
Ruixiang Industrial Fund has also made great achievements, investing in DJI, Kuaishou, Shangchao Technology... dozens of unicorns and quasi-unicorn companies.
As for Huayi Capital founded by Zhang Yida in his early days, they also noticed it. It invested in a series of China's rising mobile Internet star startups such as Toutiao, Didi and Magnesium Group.
No one else has such investment vision. They believe that Zhang Yida is likely to be the next Masayoshi Son.
They have heard of this investment case from as far away as Southeast Asia.
They didn't expect a thousand-fold return. If Ruixiang could get a few-fold return, it would be enough for them to go back to their respective families to show off.
So they returned to their respective homes and tried every means to persuade their elders to provide the investment.
Their respective elders are not just ordinary people. Each of them is a powerful figure in Southeast Asia. It doesn’t matter that they don’t understand the Internet. They have think tanks.
After the think tank analyzed it for the big guys, they came to the conclusion that it is investment.
In the end, among the more than a dozen chaebols who were on the yacht that day, except for two or three who could not convince their elders, the other 12 successfully persuaded their elders.
The investment ranged from US$50 million to US$100 million, and the Twelve Families raised a total investment of US$900 million.
Zhang Yida looked at the smiling faces of the plutocrats who were complimenting him, and knew that this was all based on their "money making ability" rather than any personality charm.
If you can help them make money, then I will naturally treat you as a boss. In the future, Ruixiang Industrial Fund will lose all its money, and I am afraid that they will not dare to come to Southeast Asia...
Zhang Yida does not believe that the Chinese tycoons who have been in Southeast Asia for decades or even hundreds of years all eat fast and chant Buddha.
These are all big bosses who have emerged from the colonial period, the Japanese occupation period, the anti-Chinese wave, the economic crisis... all kinds of bloody troubles, and their abilities and skills are indispensable.
If you dare to cheat them, will you feed the sharks?
Zhang Yida threw away these distracting thoughts and began to say: "2.5 billion US dollars, such a huge sum of money, is not easy to operate."
"It is true that the mobile Internet industry in Southeast Asia has just started, and financing is mostly in the order of hundreds of thousands of dollars to several million dollars."
Li Chuan of Lippo Group also runs an e-commerce platform in Indonesia and is very familiar with the Internet industry.
His views were unanimously recognized by everyone present.
"Na Yida, how do you think this fund should be run?"
The person who asked the question was Guo Yisheng of Singapore's Hong Leong Group. His question hit the mark, and everyone turned their attention to Zhang Yida, wanting to hear his "high opinions."
Zhang Yida pretended to ponder for a moment and then began to say: "Our industrial fund can invest heavily in Southeast Asia, but it cannot just invest in Southeast Asia.
We can set our sights on Japan, South Korea, India, and even Africa.
Oh, by the way, you can’t miss the mainland either. The mainland market is huge and is home to the most unicorn companies.”
"Yes, what Yida said makes sense."
Huang Xiwen felt closer to Zhang Yida, so he quickly came out to support and praise him.
He added: “Whether it’s a fund or any investment, the most taboo thing is idle funds.
2.5 billion US dollars cannot be left in the bank to earn interest! This money must be "moved". The mobile Internet in Southeast Asia will not explode in a short time.
Taking advantage of this time gap, we can invest more in Internet companies in mainland China and other regions.
When the Southeast Asian market matures, investments in other regions will almost have returns, and it will be time to invest in Southeast Asia."
How well said this is! Zhang Yida quickly applauded and said: "Brother Xiwen, your idea coincides with mine.
This is exactly the next investment sequence of Ruixiang Industrial Fund. It will first focus on mainland China and other regions, and when the Southeast Asian market matures, it will then reduce its positions from other regions and invest in Southeast Asia."
Huang Xiwen smiled and said, "These are all my immature ideas. Ruixiang Industrial Fund still has to be left to the helm of a professional like you."
We will not interfere, so we will make comments now."
The money has been handed over to you, you can spend it as you wish! That's probably what it means.
"Yida, in addition to Ruixiang, you also have several unicorn companies! The ones I know of include Huimin Bicycle, Pinduoduo, DouShi, Musical.ly...
There are so many companies, you can’t favor one over the other! Ruixiang Industrial Fund can also invest in it!”
Guo Yisheng's suggestion was echoed by others, who all told Zhang Yida to engage in "insider trading."
In fact, the twelve of them have communicated in private. Compared with the barren mobile Internet market in Southeast Asia, they are more eager to see the huge market in mainland China.
I heard that a unicorn company was born in just a few days. Except for mainland China and the United States, other regions simply cannot achieve this effect.
Zhang Yida wants to rely on them to invest in Southeast Asia, and they also want to use Zhang Yida to enter the mainland to dig gold.
Zhang Yida looked a little embarrassed and said with a wry smile: "Enterprises such as Huimin Bicycle and Pinduoduo have relatively high valuations. If you enter at this time, the returns may not be too high."
"fine."
A young man in casual clothes with meticulously styled hair waved his hand, "As long as you make some money, it doesn't matter if the return is high or not."
Zhang Yida is not particularly familiar with him. He only knows that his name is Chen Muhua, the grandson of Chen Yongzai, chairman of Philippine Airlines.
His family owns a bank and a tobacco company, and his grandfather is also the richest Chinese-American in the Philippines with a net worth of billions of dollars. Last year, he even went to Tiananmen Square to watch the military parade.
"Brother Mu Hua is right, but there is one thing I want to say."
Guo Huiqi interrupted, "There is no guaranteed profit in fund investment, so everyone must be mentally prepared.
Mr. Zhang is also a human being, not a god, and I believe he cannot guarantee everyone a guaranteed profit."
Chen Muhua was a little unhappy and said with a straight face: "I know there is no business in the world that is guaranteed to make money without losing money. I will use this analogy."
He looked at Zhang Yida again and asked, "Yida, do you think I am right?"
"Brother Mu Hua, you are right." Zhang Yida nodded, "Although I cannot guarantee that every project will be successful, I will definitely try my best to improve the accuracy of investment."
Zhang Yida looked at Guo Huiqi again, "Ms. Guo's statement is correct. There is no guarantee of profit in fund investment. It can only be said that good fund companies have a higher probability of success."
"Mr. Zhang, will other companies under your name accept investment from Ruixiang Industrial Fund?"
The speaker was a beautiful woman in her early twenties. She was Xie Qirun, the granddaughter of Xie Guomin, the chairman of the CP Group and the richest man in Thailand.
Zhang Yida recalled that in his previous life, this beauty had an affair with Suning's son, but he didn't know whether it was true or false.
"Accept it, Li Hengbo also said that when you promote good people, don't avoid relatives."
"Yes, that's what I said." Li Hengbo didn't come to the cafe just now, but now he suddenly appeared in front of everyone.
“All of Yida’s industries are high-quality Internet companies.”
After all, Li Hengbo's family has a country, and his status is much higher than that of other rich third and fourth generations. Everyone nodded in agreement with the views he put forward.
Li Hengbo looked at Zhang Yida and continued: "Stop hiding your secrets and invest in all other companies except Ruixiang for Ruixiang Industrial Fund.
The main reason for Ruixiang is that its valuation is too high and we can’t afford to invest in it, otherwise we can invest in it.”
Li Hengbo's words put Zhang Yida in a bit of a dilemma. He originally just wanted to throw away his Huimin bicycle for financing.
As if he had seen through Zhang Yida's mind, he added: "Don't worry! You won't suffer any loss. In addition to money, we will also provide resources.
Hasn’t Musical.ly entered Europe? When will it enter Southeast Asia?
Our respective families have hotels, airlines, and shopping malls in Southeast Asia, and can help promote Musical.ly offline.
Huimin Bicycle and Pinduoduo want to go overseas, and they can also help.
And Yimin Bank has been in Indonesia for more than half a year! Can countries like Malaysia and the Philippines also expand?"
Zhang Yida took a deep look at Li Hengbo and really underestimated him. This game he was playing was really big.
Investing in these companies and then introducing them to the Southeast Asian market will just use the resources of each company, the market will expand, and the future returns will be generous enough.
This operating model has gone beyond ordinary industrial funds, and it may be more appropriately called relationship network investment.
"Hengbo, your suggestion is very good. I'll just do what you said."
This is a win-win solution. For Zhang Yida, it can also save a lot of promotion efforts and resource coordination. He has no reason to refuse.
Seeing that Zhang Yida agreed, Li Hengbo and other chaebol children were also very happy, and their expectations for this industrial fund were even higher.