How did I become a god

Chapter 1447 Asking for money
Guo Pojun has been in Shanghai for many years and is very familiar with the local dishes on this table, especially the sweet and sour spareribs. I don't know which chef made it, but it's quite authentic. It must be Mr. Jing who enjoys it!
Ordinary people and white-collar workers like him can only eat at gourmet restaurants or restaurants in big hotels, which is nothing more than spending some money, but if you want to eat gourmet food made by a chef, you really have to rely on luck. Otherwise, why would a five-star hotel use the executive chef's personal cooking as one of the selling points of hospitality?
These things are normal for Mr. Jing. He eats dishes made by chefs every day. For this purpose, he has set up two high-end catering brands, one Chinese and one Western: Falou and Yuchu. At the same time, these two catering brands have long-term stays in various five-star hotels under the Falou Hotel Group.

Before Guo Pojun entered Shanhaijing Chip, he was mainly responsible for Ouyang Wan's business in various places in Magic City and was a very outstanding professional manager. After his beloved woman became Mr. Jing's confidante, he took the opportunity to enter Shanhaijing Chip to do management work.

Because the Shanhaijing chip was just established, he gained the trust of Mr. Jing thanks to Ouyang Wan's strong recommendation and was promoted to the position of person in charge of the Shanhaijing chip.

He could see that Yin Jian, the head of Phoenix Fund, and Jing Shufeng, the head of Uber, both wanted to report on their work, and he was too lazy to report.

Within the group, the Shanhaijing chip located in Shanghai is at the same level as the Suzaku integrated circuit located in Jingzhou, the capital of Shandong Province. But there is actually another layer of architecture above it, called "Shanhaijing Semiconductor", but this name is rarely released to the public.

Because he is not a technical background, the president of Shanhaijing Semiconductor is actually concurrently held by Gong Dongyang of Suzaku Integrated Circuit, and he only serves as vice president.

As a manager who does not do technical work, he actually has many opponents within Shanhaijing Chip, as well as some technical experts who are interested in playing a role in management. Gong Dongyang does not like him very much.

Many people want to replace him, but he estimates that his position is very stable: Mr. Jing trusts him and recognizes his ability.

As for the Shanhaijing chip being included in America's sanctions list, it is not something he can decide, so he doesn't care about it.

Compared with Guo Pojun, Yin Jian, the head of Phoenix Fund, and Jing Shufeng, the head of Uber, both came from Beijing and are not very accustomed to the delicious local cuisine of this city.

Jing Gao and Zhang Yanqi, the head of Xuanniao Investment, chatted about the recent investment directions of private equity funds in Shanghai.

Lao Zhang is a capable person, but he also has a bad temper. So if you want Lao Zhang to work, besides paying him enough, you also need to respect him. So Jing Gao first talked to him about related topics.

"Mr. Jing, the only investment directions now are new energy vehicles, artificial intelligence, and smart driving. The others are not very popular and are just conceptual propaganda. Of course, the profitable business also includes live streaming."

Jing Gao nodded slightly. He read the briefing every day and had a clear idea of ​​the current investment direction of capital in the market. "Lao Zhang, we can't just focus on the domestic market, we have to look at the overseas market. Isn't Xiyin very popular? Do we have any investment?"

Yin Jian, the head of Phoenix Fund, quickly spit out the crab paste tofu in his mouth and replied, "We are talking. Also with DouY's investment subsidiary Quantum Leap, Xiaomi, and Xiaomi CEO Lei's personal investment company Shunwei. We are all talking,

However, Mr. Xu of Xiyin is a bit demanding. He does not want our shares to have voting rights. Xiyin is currently considering changing the actual controlling company in the VIE structure to avoid the complicated domestic tax and audit requirements in order to go public in the United States.

Therefore, we at Phoenix Fund were a little hesitant, should we invest? "

Jing Gao understood that it was not that Lao Zhang did not pay attention, but that Xuanniao Investment was not qualified to participate in investing in new unicorns like Xiyin. In the venture capital industry, seniority is not the only factor to determine who is in charge, but rather the size of the funds and the connections behind the funds.

As a private equity fund, Xuanniao Investment has registered in Shanghai, but it is still a little behind Sequoia Capital and Hillhouse Capital. Phoenix Fund, with its strong color, is not suitable for such investment.

No wonder the old money in Europe and America have to find agents to invest in China, and have to enter through venture capital, finance and other means. He also needs to learn! As we all know, Zhang Lei of Hillhouse Capital got money from Yale University.

It’s just that it’s not easy to find an excellent front desk elite like Zhang Lei!
Jing Gao drank a sip of red wine with a realization, and said with a smile: "If Xiyin wants to go public in the United States, then we will not invest in it. We will face lawsuits if we go there. I have offended the Mellon family of the Eight Banners of the United States in Hong Kong Island.

Yin Jian, ask Mr. Xu of Xiyin if he considers listing in Hong Kong Island? Bank of East Asia has an investment banking department that can issue their stocks. "

As the international situation changes, many domestic companies and bosses want to increase their business attributes and downplay their political attributes, so they live and work in Singapore and move their headquarters there.

But everyone knows that there is no future in listing in Singapore. Either go to the United States or go to Hong Kong Island, where the capital of the two major countries lies. The capital pool in Singapore is too shallow to accommodate today's large-scale companies. Yin Jian said: "Okay, Mr. Jing. I will invite Mr. Xu to dinner later to talk about this matter. Mr. Jing, I also want to report on the work of Phoenix Fund in the past year."

The global banking industry is now a mixed operation. That is, banks now not only provide financial services such as deposits and loans, but also engage in investment banking.

Bank of East Asia was listed on Hong Kong Island. After being acquired by LP Investment Group headed by Mr. Guo (Guo Lingyu), it still bears this name, but in fact, more than 70% of the shares are controlled by Mr. Jing. Currently, the status of Bank of East Asia in Hong Kong Island is somewhat similar to that of the four major investment banks on Wall Street.

As a stock underwriter, we take a bite before the listing, ensure the listing, smooth issuance of stocks, and find someone to support them. This is already a one-stop service.

Jing Gao got a headache when he heard the work report. He smiled bitterly and said, "I've been very stressed out today. I was even asked to go to Phoenix Film Studios to watch a movie this morning. I almost didn't make it to Shanghai today. Let's go to the Bank of East Asia building to report later."

Everyone chuckled in agreement out of courtesy.

Jing Gao saw Yin Jian's gloomy face. He was still responsible for his core company, so he joked, "Boss Yin, I will read the work report. Now, can you summarize it and tell me how much money Phoenix Fund needs?"

"Haha!" Guan Yujia couldn't help laughing out loud, and everyone followed suit.

Yin Jian also laughed. Needless to say, Mr. Jing understands the executives below him. The purpose of his report is essentially to consolidate his position in Phoenix Fund and obtain capital injection from Mr. Jing. Although the former head Zuo Hao did a poor job in Phoenix Fund, he found out that it is difficult to be the head of Phoenix Fund when he actually took this position!
He was the president of Phoenix Group’s Strategic Investment Department, responsible for Phoenix Group’s strategic investment and building a traffic and ecological moat for the group. All the money used for investment came from Phoenix Group.

Although the Internet is now mocking Phoenix Group as a second-rate Internet giant, no one can deny that Phoenix Group was really invincible in the years of its expansion. Today, it still has the foundation left by Mr. Jing. Even if it is a second-rate Internet giant, no product can be first-class in China, except Uber, but it is still a behemoth! It is not short of his funds.

He is in charge of spending money in the Phoenix Group's Strategy Department. But what about Phoenix Fund? It still needs performance!

You can’t just invest in venture capital without making money, otherwise the financial statements will be too ugly. He is also a negotiation expert. Even with the big stage of Phoenix Fund, how many people can really reach the level of those venture capital bosses when domestic venture capital was booming a few years ago? Such as: Shen Nanpeng, Zhang Lei, Zhu Xiaohu and others.

At present, he does not have the investment level, so he still needs Mr. Jing to support his work and continue to inject funds!
"Mr. Jing, I will strive to keep the loss within 2019 billion U.S. dollars in the fiscal year."

Jing Gao nodded happily, but still couldn't help but remind him: "We still need to reduce costs and increase efficiency. Venture capital has been difficult in recent years, but there are still opportunities."

It is 2019, and the dividends brought by mobile Internet are about to be exhausted. New traffic has already peaked. For the venture capital industry, the current environment is much more difficult than in the early years. This can be felt from the obvious decline in the number of news about Internet upstarts listed in the past few years.

The growth point of venture capital has now shifted to relatively large-scale investments: new technologies such as new energy vehicles, artificial intelligence, and driverless cars. Of course, there is also investment in the chip industry. This is no longer the era in which venture capital could invest hundreds of thousands or millions of dollars.

Yin Jian agreed immediately.

Jing Gao turned his head and looked at Jing Shufeng next to him: "Xiao Jing, what do you want to talk about? If it's a work report during this period, then stop it! I'm very tired today and don't want to listen to these boring numbers."

"Ha ha…"

A joke that was not funny still caused laughter in the restaurant.

(End of this chapter)