The Pioneer of the Rebirth Era

On the second day of the second day, he started to go with relatives and went to the seventh day of the day, when Yang Dongxu left his hometown and went to Hangzhou.

Zhou Ya and his son Wenchen didn't follow. They won't return to the magic capital until after fifteenth at home. It just so happens that Wenchen will start school after fifteenth.

In recent years, Hangzhou has developed rapidly, especially with the emergence of two star-hosted Internet companies. The housing prices in Hangzhou as a whole are much higher than those in another time and space at the same time.

Of these two star machine companies, one is naturally Ari, and the other is Rising Sun Technology.

Especially Xuri Technology. On the surface, Xuri Technology is just an Internet company that takes YY making friends as its core and derives a lot of benefits from games, much like Tencent in another time and space.

But in fact, if you can count the other departments of Sunshine Technology, you will find that this is a business empire dressed in game technology and dating software.

First of all, not to mention the 361 series products that everyone is using now, the investment department alone is a hidden predator.

Yang Dongxu obviously had high hopes for YY, so before YY had come out and Xuri Technology was still playing games, he started to make Chen Xin control the investment department.

For example, the popular website campus network before, Xuri Technology was an angel investor from the beginning, and after several rounds of financing, it has grown in size.

Feeling a certain threat to YY, he directly used his status as a major shareholder to merge him into YY. Now YY has an extra function of making friends on campus, and you can enter by clicking the green grass under the avatar.

Another example is the current very popular Dianping, Ganji, Wubatongcheng, Tongcheng.com, Ctrip.com, and many other now popular websites, behind which are invested by Sunshine Technology.

In short, as long as there is a promising industry, Xuri Technology will invest. Those who are helpful to YY's growth are absorbed, and those that threaten YY are acquired first, and mergers and acquisitions cannot be directly suppressed.

If there is no threat to YY's growth and can make money, not only should you be an angel investor, you will continue to invest in subsequent refinancing until you feel satisfied with the rate of return, and then withdraw your hands and leave, and you will be rewarded.

So don't look at Xuri Technology in recent years relying on YY, relying on games to make a lot of enviable. If the investment department calculates the various incomes, the rate of return is also terrifying.

Currently in the circle, the reputation of Rising Sun Technology Ventures is also well-known. Chen Xin already has the title of Female God of Wealth.

Therefore, looking at the entire Internet market, although Xuri Technology does not occupy half of the country on the surface, the hands of the secret investment department actually cover the entire industry.

For example, Yang Dongxu invested in Ari and Jingdong, which is relatively popular online shopping. Even hidden bigwigs like Hua Wei who are engaged in real technology have contacts and cooperation.

Except for the ones that have been up before, such as Baidu, such as the four major portals, and companies such as Lenovo, etc., Yang Dongxu didn't do it. Other emerging Internet companies seem to have his shadow behind them.

Even in these companies with no investment, the four major portals of Netease have been scammed by him and bought Baidu's stocks. Even Shengda Chen’s richest man was also made a fortune by him. Basically, all the cakes that can be seen have been bitten by him.

In the office of the chairman of Xuri Technology, after reading the summary of last year's investment report and the selection of investment projects this year, Yang Dongxu said.

"After the Dangdang online market, the shares will gradually begin to reduce their holdings."

When the Investment Department was established, Yang Dongxu worked with the investment team formed by Chen Xin for a period of time.

Just like when Tunghsu Technology's game department was first established, he took the legendary game team, first structured the company, then set up an orderly server, and made various propaganda strategies for the game. Many things were done by himself.

However, when the investment department and the game department are familiar with the business, he now only controls the general direction, and rarely meets with the managers of the various departments of the investment department.

If there are no major changes in a year, he rarely convenes the game department to hold meetings with the 361 department.

Such decentralization only controls the general direction, allows people under their hands to let go of their hands and feet, and can consolidate the authority of each department manager.

Occasionally show up and tell the people below that the majestic manager is above, and there is a real boss chairman. This is conducive to the control of the company as a whole, and performing their duties at other times is the best way to operate.

"You are not optimistic about Dangdang? Now many people feel that after Dangdang online market financing, maybe they can catch up with Ali and Jingdong." Chen Xin said.

"It looks like this on the surface, but Dangdang has irreparable shortcomings. To be precise, he has the same illness as Amazon, but he does not have the same life as Amazon.

Dangdang was copied from Amazon at the beginning, and Amazon has been reforming in recent years, but Dangdang is still running on Amazon's original path.

More importantly, Amazon has time to reform and cure the disease, while in China, both Ali and Jingdong are staring at Dangdang.

Now the three check and balance each other are fine, but after the listing and financing, no matter what Dangdang wants to do, the two will definitely make trouble. Coupled with Dangdang's own problems, it is difficult for him to think of it. "

In fact, it's no wonder that Chen Xin didn't see the trend that Dangdang.com was about to flourish, and Yang Dongxu would not have seen it if it weren't for the person who came here.

After all, now with the current bonus of coming to the Internet more rapidly than another out of control development, Dangdang.com also has a stance to take off.

In another time and space in 2004, Amazon made a proposal to acquire 70% of Dangdang.com at a price of 150 million US dollars.

Later, Dangdang refused, and offered another 70%-90%, which can be negotiated between US$100 million and US$1 billion. And what was Ma Fengyun doing in the same year?

In 2004, Fengyun Ma just created a payment platform. Although the company's valuation is not low and promising, it is true that Dangdang is stronger.

In the 2004 year of this time and space, Amazon wanted to acquire 70%-90% of Dangdang.com. The price offered was US$2 to US$3 billion.

Because of the vigorous development of the China Internet market under the influence of his butterfly wing, this valuation is two or three times higher than another time and space, and Dangdang has not stopped in recent years, and now the company’s valuation has reached 4.5-5 billion US dollars. about.

In addition, the valuation of the stock price for the plan to go public is ready to go at 5 billion U.S. dollars.

Calculated based on the valuation that the market value of the company can at least double after the listing, the proper tens of billions of companies have not run away, and they are still tens of billions of dollars.

Converted into RMB, this is going to hundreds of billions of big companies. And another time and space Dangdang.com only listed at the end of 2010.

This time and space is only at the beginning of 2008, and the time to market is almost three years earlier. With such a scale and such strength, it is natural that all venture capitalists are optimistic about Dangdang.com's taking off.

Yang Dongxu's link is clear, Dangdang.com has indeed ushered in its own bright moment after listing, and then...and then just like a tiger.

A variety of **** operations began to pave the way down, reaching the peak after a period of time on the market, and then never returning to the peak again, let alone surpassing the peak.

Although she is still optimistic about Dangdang.com, the undefeated myth that Yang Dongxu has shaped in her heart for so many years still makes Chen Xin choose to obey.

What's more, even if there is no such undefeated myth, Chen Xin will respect Yang Dongxu's opinions, so she pondered and said, "Then I will cash out after the listing, and do some actions before, so that the outside world feels that the funds of the Rising Sun Technology Investment Department are a bit tight. .

Then, after the company goes public, a wave of cashing is carried out. It is also a routine operation to deal with the capital crisis, and it should not cause unnecessary trouble. "

"Look at the arrangement, it's best to clear the shares and leave the market within a year." Yang Dongxu said.

According to the company’s listing, the whole country is jubilant, all sorts of merits and rewards, and then big moves, it’s basically a common practice for Laozi to want the world first.

So when the time comes to cash out, whether it is Dangdang.com executives or investors with the lowest alertness, it feels like they have made a profit by buying back the stock in Chen Xin's hands.

After the listing and financing, Dangdang.com's stock price is estimated to rise slightly, and cash in within one year can maximize the benefits.

Even if it is not cashing out at the highest position, with Chen Xin’s current 23.46% of Dangdang.com’s shares, based on the estimated market value of 10 billion US dollars, it will be able to cash out 2.346 billion US dollars.

How much does Dangdang invest?

The angel invested 500,000 US dollars, and then the A round of financing was followed by 1.5 million US dollars, the B financing was followed by 5 million US dollars, and the C round of financing because of Amazon's mixed and co-invested more, invested 1,200 US dollars to ensure that their shares were not diluted.

A total of 19 million U.S. dollars has been invested, in exchange for a report of 2.346 billion U.S. dollars, and a return rate of more than ten times is not too cool.

So even if the stock price is no longer cashing out when the stock price reaches its peak, Yang Dongxu is satisfied.

"How do you use the funds after cashing out, and keep it for you?" Chen Xin knew that Yang Dongxu was going to take advantage of the subprime mortgage crisis, and began to mobilize funds since last year, many of which were handled by her.

"Isn't Dangdang going to be listed in April? If you cash out gradually, it may not be able to catch up with the capital. At most, it will be in July and August at most. The Lehman consortium will be suppressed and the subprime mortgage crisis will begin to complete. Erupted.

So for this money, follow the steps of cashing out for follow-up planning. If there is a shortage of funds here, I will go to the bank for lending, so you don't have to disrupt your investment plan. "

"Got it." Chen Xin nodded.

"That's how things are arranged, and other investments can proceed according to the plan you made. I will fly to Shenzhen in the afternoon. Would you like to go there together?" Yang Dongxu asked.

"Did Dongxu Technology encounter any problems?"

"It's not a problem. It's not that William's chip production technology has gradually matured. In addition to mobile phone chips and car chips that were tested before. UU Reading www.uukahnshu.com

Tunghsu Technology is preparing to join forces with Rongwei chip company to bring the computer chip technology to the top. After all, there are many chips in computer hardware.

The black chips on the memory sticks, motherboards, hard drives, graphics cards, etc. have many chips, plus the computer's CPU, this is a big project, and you have to plan a meeting in the past. "

In terms of chip design and application, Dongxu Technology has actually been in the forefront of the world's chips, and it is at least the top three in all aspects.

But when it comes to chip production, it has always been OEM. Now that we have our own chips, and the chip factory has passed the pre-adaptation period, it is natural to arrange everything that can be arranged as soon as possible. Time waits for no one.

Don't take advantage of the fact that the old American consortium is now focusing on the Lehman consortium and the rapid rise in other fields.

I don't know how to get stuck in the neck.

"Then you go, I'll break down the investment plan. There are a lot of new projects in the first year and it's quite busy."