Chapter 358 Young Marshal, Please Accept Me as Your Disciple
Xie Jingxing asked for 5% and in his mind he wanted 7%, but the state-owned assets actually wanted 10% of Ant Financial's shares.

This is the first time that the social security fund has directly invested in a private enterprise. It is not excessive to ask for a 5% stake, and the valuation must be % off.

The equity of China Development Bank and the four insurance giants should be smaller, 0.5% in each, and there is nothing wrong with a % discount on the valuation. They will have strategic cooperation on Alipay's insurance business in the future.

Mr. Ma’s Yunfeng Fund and Primavera Capital also took 1.5% of the shares at a discount price. As for whether they hold it themselves or hold it on behalf of others, that is another matter.

Taihe Capital received 13% of the shares at a price of RMB 1 billion, which was also a % discount.

Valuation: USD 450 billion, financing: RMB 120 billion, and transfer of 10% equity.

This exquisitely designed, well-structured, and huge financing case hit the target perfectly. Everyone behaved politely and modestly got a piece of pork that was just the right size for them.

In contrast, Mr. Ma's participation in the two funds under Grapefruit Capital is very unfamiliar. He invested US$2.5 million in Grapefruit Phase III USD Fund through his overseas family trust, and invested RMB 11.8 billion in Grapefruit Phase II (venture capital) RMB Fund in China through Yunfeng Fund and himself.

There is no logic. The main point is that if you have a little money, you can invest to increase your feelings. It’s casual!
Including these two investments, Mr. Ma and Yunfeng Fund have successively invested nearly 40 billion yuan in Xiyou Capital, not to mention the large amount of Zhejiang private capital he has attracted for Xiyou and Luzhou Xinhai.

Needless to say, after playing golf, we went boating on the West Lake and drank wine in the evening.

Xiao Xie and his good brother held each other's shoulders and sang "Boundless Ocean, Vast Sky" and drank all night. The next morning, when they got off the boat, they had to lean on the wall to pee, but it did not stop him from being helped into the car by Song Anli and returning to the Magic City.

"No wonder you look so haggard, what a bummer!"

It was the afternoon when the sun was at its highest. There was not a single person on the vast lawn of Sheshan Golf Course. Two men, one big and one small, were sitting under an umbrella.

Xie Jing Xing lazily lay in the chair, glanced at the old and handsome guy beside him, and cleared his dry throat: "I didn't ask you to come."

"There's good news." Liu Qiangdong took off his sunglasses and pinned them on the collar of his polo shirt.

Xie Jing Xing quickly raised his hand: "Well, there are too many magpies recently, and they are making my ears tinnitus."

"Xiaotian and I are going to get our marriage certificate. We just went to the Civil Affairs Bureau to queue up for a number, and we'll go through the formalities the day after tomorrow," Liu Qiangdong said to himself.

Xie Jingxing turned over and sat up, pulling down his sunglasses and propping his elbows on the table to look straight up and down. He was wearing a polo shirt, canvas shorts and a thin belt, revealing his long hairy legs. He was wearing a pair of loafers on his trembling feet, and his outfit was quite Italian and hipster.

Then he turned his head to look at the junior high school girl who was practicing serving with a smile on her face on the teeing table, and couldn't help but smack his lips. Men with wives are really different.

"How about it? The wedding will be in Australia on October 10st, and you must be there to congratulate us." Liu Qiangdong grinned with wrinkles all over his face.

Xie Jing Xing relaxed and lay down again: "Reliable, thoughtful."

"You are Xiaotian's senior and also an investor in JD.com. I started pursuing her after we returned from our overseas study in New York last year."

Liu Qiangdong said with some emotion: "If I don't pay attention, you will become a witness to my love. Where can I seek justice?"

"…It's all coincidence."

Xie Jingxing looked at the blue sky and white clouds. Zhou Fenglan was also there when they went out to sea. He wondered how she was doing in London. His son should be able to think about it now.

In just two or three years, the time passed in the blink of an eye and there was no time to savor it. Everything is still vivid in my mind.

"It's true that fate is rare. Since you've already been a witness, why don't you be Xiaotian's teacher again?" Liu Qiangdong was half joking and half serious.

Xie Jingxing's mood became more and more complicated, and he opened his mouth: "What on earth are you doing here today?"

"Good news, I want to become your disciple."

Liu Qiangdong cast his eyes towards Zhang Zetian and Song Anli who were talking and laughing towards him: "Xiaotian wants to do investment, your business is much more complicated than starting a business, I can't help you, I sincerely ask for your advice."

There are countless top entrepreneurs in various industries in China. They are not all unsophisticated. Everyone has the idea of ​​using financial investment to rationally allocate assets and magnify the influence of their wealth.

However, among the entrepreneurs who have crossed over to the financial industry, most of them make financial investments, but very few of them can transform their financial investments into formal institutional asset management.

Most of them died miserably.

"Senior, would you like to accept me as your disciple?"

The pure white petal skirt fluttered, Zhang Zetian's face was slightly red with sweat, and she walked closer with a sweet smile on her lips.

It seemed as if they had just met for the first time on the Columbia University campus, and he had run from the cafeteria to the school gate to deliver tissues. Xie Jingxing pulled himself away from the memories and shook his head: “No.”

"Then I can only be your LP (investor). I have discussed with Qiangdong and plan to set up a personal investment institution first."

Zhang Zetian sat down next to Brother Qiangdong and analyzed in a serious manner: "It is more convenient to do some direct investment or fof investment this way. If there are any good projects in the future, we can work together."

"Who gave you this idea?"

Xie Jingxing couldn't help laughing, and Brother Qiangdong happily let his little wife perform, although he actually didn't understand much.

"Because the venture capital circle is now saying that there will be a shortage of funds in the market next year, and it will be very difficult for funds to raise funds. If I invest in these funds, I should be able to talk about the conditions."

Zhang Zetian explained with an example: "For example, if Yunfeng Fund invests in a good project, during their subsequent follow-up investment, Mr. Ma can ask them for part of the follow-up investment shares as an LP and participate in the investment in his personal name."

"Of course, I'm still young and just entered the industry. I don't have as much influence as Mr. Ma, and Xiyou has no shortage of LPs. The general meaning is this, as a junior, I ask the senior to guide me."

She concluded by knocking back Brother Qiangdong's claws that were reaching for the dessert on the plate. The wedding was coming up and he had to control his big belly so that he wouldn't be able to wear a dress. Xie Jingxing was speechless for a moment. This way of playing was not popular now. As Zhang Zetian said, it would be after the funding shortage next year when the money in the hands of LPs became more valuable before they could negotiate terms with venture capital institutions.

The advantage is that high-quality LPs often have irreplaceable specific influence in a certain industry. The disadvantage is that the reason why LPs are financiers rather than investors is that they cannot be held to professional and rational investment standards.

They themselves are aware of this. Some LPs do not even want to invest shares for free, as they are afraid that they will not understand the game and the risks will be too high.

So Xiao Zhang still has some sense of smell. The most important thing is that she has Dongzi's support. She dares to think and has the ability to turn ideas into reality.

"What are your thoughts on specific investment directions?"

Xie Jingxing became more interested and looked at Song Anli. He didn't think that his schoolmate could bloom more beautifully than the little flower he had cultivated with his own hands.

“Angel round to B round early stage investment, focusing on the Internet industry, and focusing on our personal investment in the next three to five years.”

Zhang Zetian's thinking is quite conventional. She simply uses the money Dongzi gives her to make some small, diversified investments in the Internet industry, commonly known as "stupid investment lottery".

Don't expect to get involved in large-scale mid- and late-stage investments within a few years, let alone external fundraising, and further transform into a formal professional asset management institution.

The two of them communicated like this for a while, and Xie Jingxing came to the conclusion that his little flower was indeed more beautiful!

However, the personal investment company that Xiao Zhang is about to establish will invest 3 million yuan in Grapefruit Capital's Phase II RMB fund, and Qiangdong will invest 5000 million US dollars in Grapefruit Capital's Phase III US dollar fund through overseas channels.

It is easier for companies to mobilize overseas funds when they are listed on the US stock market. The fact that they were able to invest in Xiyou proves that this couple is not bad...

Raising 33 billion in two days made Xie Jingxing extremely confident. In the evening, when the heat subsided a little, he returned to the manor next to the golf course and had a small outdoor barbecue.

He didn't believe that he couldn't beat Brother Qiangdong even after drinking beer.

"If you can drink more than me, anything is fine with you. If you can't, let Xiaotian go to your company for an internship tomorrow." Brother Qiangdong said calmly.

Xie Jing Xing squatted beside him with a sad face: "How about I don't want your family to invest?"

"Hey, Master, do you eat beef tendon? It's very chewy after being roasted."

Zhang Zetian and Song Anli were preparing ingredients with the chef in the yard, calling out "Master" from time to time.

Brother Qiangdong sat in the same fishing spot as Xue Haoran did two years ago, with a bag of beer in the fishing net at his feet: "My family used to fish, and it was very hot in the summer. My father bought a few bottles of beer and put them in the water to cool down."

"Take it out for dinner and pair it with a salted duck egg dripping with oil. It tastes much more refreshing than ice-cold beer."

He pursed his lips and recalled the good old days: "My family is in northern Jiangsu. We were poor before. When I was admitted to university, the villagers contributed 1 cent per egg to help me with my tuition. Now when I go back to my hometown and hear the villagers say that Daqiangzi has made great progress, I feel very proud."

Xie Jingxing had heard that his hometown's status was second only to Xiang Yu, so it was understandable that Huang Zheng got scared after the interview and chose to surrender and lose half.

Looking at Brother Qiangdong who was lost in memories, he thought to himself that the motivation that supported this man to risk his life and fight to the death probably came from the desire to make a name for himself and bring honor to his family.

"Xiaotian truly regards you as his master because of Teacher Zhou." Brother Qiangdong said in a faint tone.

Xie Jingxing suddenly came back to his senses: "What?"

"They have been in contact. Xiaotian went to London at the beginning of last month."

Brother Qiangdong paused for a moment, smiled and added: "Once a teacher, always a teacher. You must remember the feelings."

"You are an old man with a prostate that is about to calcify. Is it okay for you to drink beer?"

Xie Jingxing laughed in silence, put his hands in his trouser pockets and turned back to the manor. He was completely unimpressed by Brother Qiang Dong's going through so much trouble to prove his trustworthiness and loyalty.

But to be fair, the business interactions between the two parties are limited to the online logistics business of JD.com-Yunhe-Xinda'e, but if we look into their private interactions in detail, they far exceed those of the two Ma brothers.

Since the other party has taken the initiative to approach the relationship between master and disciple, then take his move. Now everyone in the world will recognize you.

Xie Jingxing stroked the watch given by Brother Xiao Ma on his wrist. Teacher Ma’s words yesterday had not yet faded from his mind, and his disciple’s smiling face appeared in front of him again.

"She invested 1 million in your investment company," he said to Zhang Zetian.

Song Anli blinked blankly: "Should I invest?"

"Yes, you two should discuss the investment details. Practice first and don't set your goals too high."

Xie Jingxing's attitude was clear. Accepting him as a disciple was just a title and the specific business did not need to be taken seriously. It was enough to let Song Anli be included in the title. His little flower led a 25 billion merger and acquisition case at the age of 25.

"Master, please give the company a name."

"Master, Lili and I thought we could call it 'Cheonan Investments'. What do you think?"

"Master, stop vomiting and say something!"

In his drunken haze, Xie Jingxing vaguely felt Song Anli and Zhang Zetian supporting him on both sides to go back to the room to rest. Brother Qiangdong's face flushed, holding the phone and arguing fiercely about something.

"Mr. Zhang, Mr. Zhang from which village?" He finally murmured in a low voice with a smell of alcohol in his mouth, puzzled.

(End of this chapter)