Lei Dongming knew Zhang Yida’s investment vision. He led the investments of the three small giants of TMD. In addition, Ruixiang Investment’s Le Fenqi and Miao Fenqi also performed well and entered the next round of financing.
Regarding investment, he thought that his vision was much worse than Zhang Yida's. So he wanted to hear what potential stocks Zhang Yida was looking for, so he said:
"That's great! Recommend it quickly. I will buy everything you recommend."
What Zhang Yida was thinking about was the unicorn companies that would continue to emerge in China in the next few years. Such a good investment opportunity could not be missed.
Nowadays, these companies are still in their early stage and their valuations are cheap, so venture capital stocks are suitable.
This list was carefully selected by Zhang Yida. Except for 36 Krypton, every company is a unicorn. Three of the four AI little dragons are on it. The remaining one, Yuncong Technology, has not yet been established and there is no way to start at the moment.
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Wagongbang and Yunmanman will merge into Manbang Group in the future. By placing bets on both sides, the combined shareholding ratio will no longer be diluted.
Bitmain and Canaan are mining machine manufacturers. When others mine coins, they sell mining machines and make a lot of money.
Kuaishou, Douyu, Bilibili, and Huya are the leaders in the field of live broadcast and short video, and they are all in one place.
WeDoctor Group and United Imaging Healthcare are also multi-billion dollar unicorns in the future and cannot be let go.
VIPKID, Zuoyebang, and Yuanfudao are unicorns with a valuation of billions of dollars in the future, and they are also big fat players. In China, no matter how poor you are, you cannot be poor in education. The education industry is an industry that will never decline.
Ziru is a long-term rental apartment. Currently, Danke Apartment has not yet been established, so you can only invest in it.
Lian Jia Na is a real estate agent and a potential stock.
Needless to say, DJI is the world leader in drones and must invest in it.
UBTECH makes robots and will be valued at tens of billions of dollars in the future.
Royole Technology started out as a flexible display screen. In the future, it will also make mobile phones and wearable devices. It is also a big unicorn.
After a period of screening, Zhang Yida finally locked in this list, which is all unicorns that will be famous in future generations.
Lei Dongming was a little confused. He couldn't remember the long list of names, so he quickly said:
"Wait a minute, you'd better send me a list! Don't read it, there are too many to remember. How many companies did you select?"
"Not many, just over twenty!" Zhang Yida was very indifferent. It's really not that many. He has already selected them. If all unicorns were to have a stake in it, there would be at least hundreds of investments.
A valuation of US$1 billion can be regarded as a unicorn. Considering the limited funds, Zhang Yida only selected investments with a future valuation of at least US$3 billion.
It’s a bit too high, even those with a valuation of US$1 billion can’t stand it!
Except for 36 Krypton, this company will only have a market value of several hundred million US dollars when it is listed in the future. Zhang Yida mainly values their influence on public opinion, especially in the field of technology media, which is very influential.
We still need to occupy the commanding heights of public opinion, lest we have to go to war with someone in the future without having a public relations channel to take action.
Forget it on Weibo, Zhihu can get involved if I have the opportunity in the future.
Zhang Yida said with a beautiful fantasy in his heart.
Lei Dongming received the list sent by Zhang Yida and started to check the information of each company without any delay.
Well-known companies such as Lianjia and DJI have just completed Series A financing at this time, with valuations in the hundreds of millions of dollars.
Unknown companies such as Zuoyebang, Wagonbang and Yunmanman have only received several million in angel round financing, with valuations ranging from tens of millions to 100 million.
Lei Dongming made some calculations and decided to invest in more than 20 companies one by one. Those with 10%-20% of the shares would still have to prepare at least US$200-300 million in funds.
This is still a bit difficult for Huayi Capital at present. More importantly, it is afraid of missing the investment opportunity due to fund-raising.
So he called Zhang Yida again and started crying:
"Brother, the more than 20 companies you recommended to me are not cheap. Each investment requires at least two to three billion US dollars. Currently, Huayi Capital is struggling to raise US$200 million.
Without seeing returns, many customers will not invest again!”
Zhang Yida thought about it. TMD only invested in it this year. If it takes two or three years, Huayi Capital will have achieved results. It is still an unknown venture capital, and the management fund is only 200 million US dollars.
After pondering for a moment, Zhang Yida suggested:
"In this way, if you raise US$100 million, Ruixiang and Yimin will come up with the shortfall."
Lei Dongming wanted to say at this moment that Ruixiang and Yimin were both start-up companies, so poor that they had no money to invest! But after thinking about it, he still said tactfully:
"Ruixiang and Yimin are also very strapped for funds at the moment. How about we invest in a few less companies? Or if we take a smaller proportion of shares, we can just follow the investment."
This is not possible. I have missed so many unicorns and I don’t know how many years I have to wait. Zhang Yida thought to himself. After thinking for a while, he said:
"Next, I asked Ruixiang and Yimin to initiate the establishment of an industrial investment fund, raise more than 200 million US dollars, and use all of it to jointly invest with Huayi Capital!"
Lei Dongming thought that this was not a good idea. Ruixiang had strong strength and a good reputation for valuation, so it was very suitable for launching an industrial investment fund.
So Lei Dongming no longer insisted and said:
"Then I will arrange to start investigating these companies and conduct preliminary research. In addition, Huayi Capital will continue to raise the second phase of funds. You will be responsible for the establishment of the industrial investment fund."
"No problem, that's the arrangement!" Zhang Yida agreed immediately.
The one with the highest future valuation among the four AI tigers is SenseTime, followed by Megvii Technology.
Zhang Yida is very covetous of their facial recognition technology. In the future, facial recognition payment will be launched on mobile payment, liveness detection in loan risk control review, and facial recognition will all be inseparable from this technology.
Whether it is for future investment value-added or technology application layout, Ruixiang and Yimin must participate.
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Feedback on the price plan for shared bicycles came back. As expected by Zhang Yida, Fujida had the lowest price at 1,000 yuan/bike. Other companies such as Futukang, Phoenix, and Forever had prices higher by one to two hundred, three to four hundred.
Therefore, the first phase of manufacturing of shared bicycles was handed over to Fujitec. The cooperation amount was 20 million yuan, and a total of 20,000 bicycles were manufactured.
The manufacturing cycle is very fast, and it is expected to be rolled off the production line in half a month, and 20,000 bicycles will be delivered to the capital in late September.
The bicycles are about to be produced, and the delivery areas have been determined. 10,000 bicycles will be put into university campuses, and 10,000 bicycles will be put into busy sections of the city.
The universities tentatively selected are Beijing University, Aoki, Renmin University, Beijing Airlines, and Beijing Institute of Technology, with each school receiving 2,000 vehicles.
The bustling areas in the city were chosen in Zhongguancun and Xierqi, where there are many programmers and Internet companies, which are very suitable for product exposure.
Shared bicycles are about to go online, and you can’t hide it if you want. Since you can’t hide it, you might as well take the opportunity to make your reputation better and start financing before your competitors.
Huimin Bicycle is about to take off, and it’s time to consider finding a CEO to replace him. Zhang Yida thought.
At present, Zhang Yida has 2 group companies, Yimin and Ruixiang. 1 pet service company Pate.com, 1 online shopping company Dogfud, 1 venture capital company Huayi Capital. There are dozens of subsidiaries and branches.
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With so many companies, it is unrealistic for Zhang Yida to manage them all by himself, as he is simply too busy. Professional managers are invited to take charge of the management, and Zhang Yida can just control the general direction.
Huimin Bicycle was going through many fierce battles, and Zhang Yida was a little worried about recruiting external professional managers.
I have witnessed the bicycle wars of later generations. That kind of complex environment is not something ordinary people can deal with.
If we invite a professional manager to overturn Huimin Bicycle, it will be a slap in the face.
Huang Xin of Magnesium Group, CEO of Ganji.com, and later Yang Hao, CEO of Guazi Used Cars, are quite suitable to take charge of Huimin Bicycle.
These two are also figures who came out of the mountain of corpses and sea of blood. What they are best at is fighting financing battles with competitors. They both come from behind and have great abilities.
However, the Huimin Bicycle Temple is too small to accommodate these two true gods.
Shaking his head to dispel this unrealistic fantasy, Zhang Yida felt that he had no choice but to shoulder this burden first, and let’s slowly select the candidate for Huimin Bicycle’s CEO!
I haven’t followed Diandianchou for a long time. I wonder how the preparations are going?
Zhang Yida asked Song Caiwei to call Chen Sheng, CEO of Diandianchi, and ask him to report to the office.
Chen Sheng was the original operations director of Touronghui, and he joined Ruixiang Group later. However, he performed well at work and was specially promoted by Zhang Yida to become the CEO of Diandianchi.
Chen Sheng is twenty-eight or nine years old. He has a crew cut and is energetic. As soon as he entered Zhang Yida's office, he smiled and said:
"Mr. Zhang, are you looking for me?"
Zhang Yida nodded, pointed to the sofa and said, "Sit down and talk!"
After Chen Sheng sat down, he guessed that Zhang Yida wanted to ask about the progress of Diandianchi's work, so he reported:
"Mr. Zhang, currently the number of registered users of Diandianchou APP has exceeded 1 million, and the number of followers of the WeChat official account has exceeded 3 million..."
Zhang Yida listened to his report and thought for a while. In fact, Diandianchi has only been online for three months, so it is still feasible to achieve the current results.
But this is still okay compared with the poor start-up companies. Ruixiang Group’s subsidiary Diandianchi is a company that requires people to give people and money to give money. Chen Sheng’s achievements can only be said to be extremely mediocre.
Originally, what Zhang Yida wanted to do was to let the company's employees see their talents and not to be parachuted executives all the time. Therefore, when he promoted Chen Sheng, he wanted to set a role model for employees.
As a result, Chen Sheng’s results were a bit disappointing!
Zhang Yida shook his head, looked at Chen Sheng and said:
"To be honest, Chen Sheng, I'm a little disappointed in you! Your current results are extremely embarrassing.
Less than half a year after you joined the company, I promoted you to the position of CEO of the subsidiary company. Now your performance makes me very disappointed!"
Cold sweat broke out on Chen Sheng's head, knowing that his position was probably in danger. When he was first promoted to CEO, he was very high-spirited. But he was dismissed in just three months, which was too embarrassing.
Chen Sheng gritted his teeth, looked at Zhang Yida expectantly and said:
"I hope Mr. Zhang will give me another chance. I have never managed a company independently before, and many affairs are unfamiliar to me. Therefore, the initial work of Diandian Funding was not going well.
Now I am confident that we can double Diandianchi’s performance in the next quarter.”
Zhang Yida made a "2" sign and said:
"To quadruple, Diandianchi must reach 5 million users in the next quarter, that is, by the end of December.
At the high-level meeting, many executives expressed dissatisfaction with your performance. The business of other brother companies is growing rapidly, but they are hesitant to make progress.
Therefore, you must give me and all senior management an explanation in Q4."
Chen Sheng took a deep breath, nodded solemnly and said, "Mr. Zhang, I will try my best to complete it!"
"OK, then this is the best!" Zhang Yida handed Chen Sheng a cigarette and began to give him face-to-face instructions.
Teach him how to hype up the popularity and how to promote the public welfare...
Give him a slap and give him a sweet date to eat. Giving him both kindness and power is the correct way to control his subordinates.
Ruixiang Group is now bigger, so it must have a correct employment system, where the capable are promoted and the weak are dismissed.
If Chen Sheng is still like this next quarter, even if he personally promoted Chen Sheng, Zhang Yida will still kill him.