Lu Ming is now dubbed by the media as a "new generation business leader". This fact has basically not been controversial today, and now he has the aura of being the richest man in Asia.
Boss Jia is known as the "Mesozoic Business Leader". Although Lux's stock price has dropped to half of last year's high point, it is still touted by the media as a company with global influence. Its subversive and innovative spirit has given new life to
Recognition for bringing positive impact to entrepreneurs.
All in all, Boss Jia is now a technology tycoon at the peak of his power, but he is stifling his dream. Lux car manufacturing has long been a hot topic in the industry.
According to the business plan circulated by Lux Auto, it is said that the total investment from 2016 to 2022 is expected to be US$7.9 billion, and it plans to have three rounds of equity financing: Series A, Series B and Pre-IPO. Among them, Series A
The financing scale is expected to be around US$1 billion.
When Lu Ming saw the content of the report document, he called him "good guy". Ge Feng, the general manager of Tiansheng Capital's PE and VC business, planned to lead the A-round financing of Lux Automobile. He also personally led the team to Lux for investigation and also met with Jia
Interviewed with the boss.
"Boss Jia's skills are a bit strong. It seems that Lao Ge was confused by his fooling." Lu Ming quickly put down the materials in his hand, grabbed the landline phone on the desk and called Ge Feng's office.
Ge Feng has planned to lead the investment of 3.5 billion yuan in the A-round financing, and plans to be deeply involved in the subsequent B-round and Pre-IPO financing. Fortunately, Ge Feng cannot decide on a single financing of more than 1 billion yuan, and has to
He could only execute it after Lu Ming made the decision.
"Mr. Lu, what's the matter?" Ge Feng's voice came as soon as the call was connected.
"Hurry up and stop the investment in the Lux car project!" As soon as Lu Ming was connected, he made the decision first. Ge Feng on the other end of the phone was confused and asked: "Isn't Mr. Lu optimistic about this project?"
"Lao Ge, I have read Lux's materials. You should expand the scope of your research. As far as I know, Lux currently owes more than 6.5 billion to its suppliers. If it weren't for other research reports,
, I didn’t even know there was such a thing.” Lu Ming added unhurriedly: “The company has the potential risk of breaking the capital chain, which may trigger systemic risks within the capital chain and lead to a total collapse.
Tiansheng Capital will not touch it.”
Ge Feng on the other end of the phone couldn't help but asked in surprise: "Is it so serious?"
Lu Ming said solemnly: "How should I put it? The ecological story told by Boss Jia is indeed very touching. It focuses on the major sub-business lines and supplements the platform business. The strategy is okay but the pace is too fast. The company is chasing after it blindly.
Burning money in an unbridled pursuit of expansion, its globalization strategy was once stretched to a huge extent. If it really explodes, how much money are you going to use to fill the hole?"
The consequence of investing in Lux Automobile is a dilemma. The investment must be trapped, the small one will be trapped by the big one, the big one will be deeply trapped, and in the end it will be directly trapped, and then Boss Jia will return to China next week.
Lu Ming was convinced of Boss Jia from one angle. He was definitely a talented person. All the investors were stunned by him and then invested their money in him.
If it weren't for the advantage of foresight, Lu Ming would not be absolutely sure that he would not be taken advantage of by Boss Jia.
Boss Jia is now a trend-setter in the domestic technology circle, and is definitely one of the focus figures in the eyes of the media.
Lu Ming is actually a popular figure, with many auras such as the richest man, a new generation business leader, etc., but he basically does not show up in the public eye. He has basically not accepted interviews from the media since he became famous, and he has not been involved in offline circles. What is Taishan Club, Jiangnan There are circle organizations of business leaders such as meetings, alumni associations, and entrepreneur clubs. So far, Lu Ming's name and figure have not been seen.
Unlike other big shots, I couldn't find any photos of Lu Ming posing with any entrepreneur or big shot after searching the entire Internet. Even the many LPs of Tiansheng Capital maintain a good relationship with each other. We only meet each other when investing money, and we basically don’t have much personal contact.
In fact, many people wanted to bring Lu Ming into their circle, but they all had no choice but to be rejected. After the news spread among the big boss circles, the big boss gradually stopped inviting him to play with him. When he doesn't exist.
Some bosses directly joked that there was a generation gap between him and this new generation of business leader who was born in 1992, and they could not talk to each other.
But Lu Ming's unsociability does not mean that he is isolated. In fact, he stood up and yelled, rushing to send money to the people of Tiansheng Capital. For no other reason, he could give LP brings huge profit returns, which is more important than anything else.
The period when Lu Ming was most active in the public eye was in the early days when he was still a Niu San. He frequently visited Versailles. Even today, he still posts on the Internet from time to time and makes jokes. Instead, he chats with netizens who eat melons. Come on, it really feels like a "new generation", and there seems to be a generation gap with the big guys from the "Mesozoic" and above.
However, compared to the period before Tiansheng Capital was established, the frequency of Lu Ming’s online posts has also plummeted.
…
On Saturday, September 3, a piece of news spread online attracted huge attention from the capital market and 280,000 Lux shareholders.
This news comes from online sources saying that Tiansheng Capital has given up its plan to lead the Series A investment in Lux Auto. It is also rumored that Lux was consulted by Tiansheng Capital about potential risks in the company's capital chain and arrears with suppliers.
The news that broke out during the weekend is undoubtedly a big bad news for Lux. The comment area under Lux stock is discussing this bad news.
"Damn it, Brother 1 gave up, brothers, run away, we'll get away next week!"
"Some fools are really fed up with it, and they run away at every turn, running away from people!"
"Is it true or false? Is the source reliable? It was only reported last week that Tiansheng Capital spent 3.5 billion to lead the Series A financing of Lux Auto."
"The source, Ma De, is really amazing. I feel like this is a deliberate attempt to spread fake news. Ge Fengdu took his research team to Leshi and had a meeting with Boss Jia. There are photos of the two of them together on the Internet. This is all solid.”
"I also feel that the news is false. If you don't leave, you want to wash me out of the car? Anyway, I have been trapped for ten or twenty points. I can't die before dawn!"
"News! Lux immediately issued a statement in response. The company does not default on huge amounts of money. The online rumors are irresponsible slander and rumors."
"Sure enough, it's fake news. Fortunately, it's not a trading day. Otherwise, I don't know how many people would be shocked by this news. I'm the boss! I'm suffocating for my dream!"
…
Tiansheng Capital did not question Leshi in a formal official capacity. Lu Ming really didn’t want to go into this muddy water. He didn’t invest money yet. Instead, he asked Ge Feng to question Boss Jia privately. Finally, Jia
The boss still refused to admit it and insisted that the company's funds were fine.
In fact, it is just a step down.
It doesn't matter. Tiansheng Capital will not invest the money anyway and directly informs the other party to cancel its participation plan to lead the Series A financing.
You go and have fun, do whatever you want, Tiansheng Capital has withdrawn anyway.
On Monday, September 5, Lux's stock price fluctuated by more than 7% today, but today's closing price did not fall sharply, but fell slightly by less than 1 percentage point.
Last week, Lux went beyond the daily limit for three consecutive times. The main reason was that Ge Feng led a delegation to investigate Lux and had a long talk with Boss Jia. It was reported that Tiansheng Capital was going to invest in the A-round financing of Lux Auto.
The quota has reached 3.5 billion, and we will still be deeply involved in subsequent financing.
The past year has been a "capital winter". After last year's flash crash in the secondary market, investors in the primary market have become extremely cautious and will not take action easily, with the exception of Tiansheng Capital.
The VC dad who is not short of money is surprised that in this winter season like this year, Tiansheng Capital spent hundreds of billions in the secondary market to build the "Tiansheng 150" investment portfolio. The primary market also frequently made moves, and the moves were unusual.
The current financing market is full of rumors. If there is any rumor that a startup company has obtained a large amount of financing of more than 300 million yuan in the primary market, it must be invested by Tiansheng Capital.
Everyone has not forgotten that Tiansheng Capital invested tens of billions of dollars in three companies: Ningde Era, Marian Medical, and YaoMingkang this year, investing 13.5 billion yuan, 17.5 billion yuan, and 3.6 billion yuan respectively.
This handiwork simply shocked the investment community, and it was so arrogant that it had no friends.
This also makes the market expect Tiansheng Capital to invest heavily in Lux Auto again. There are rumors that Tiansheng Capital’s three rounds of financing for Lux Auto have a total investment amount of over 20 billion. No one will question Tiansheng Capital’s investment.
Strong capital.
As a result, the market reacted directly to Lux's stock price, and the three consecutive boards came out first to suppress the shock.
