"Do you think you are sick?"
Li Zehua said casually, and then looked at Yang Zhichao who was surprised, "I'm not talking about you, don't look at me like that."
He turned to Liu Fugen, who was trying not to laugh, and asked, "How is your advertisement for 1 houses going? Why is the data you submitted only 4?
I'm watching over it in Yanjing and it's still like this. If I go back to Shanghai tomorrow and no one is watching over me, do I have to stop working?"
Liu Fugen quickly explained: "Each county should contact an advertising company and try to finish the remaining work within three weeks."
"Three weeks, mid to late December, is too slow."
Li Zehua knocked on the table and said, "Everyone, it's not that the company is rushing us. It's that the reality has changed, time is tight, and it also concerns everyone's vital interests.
If we get the work done one day earlier, everyone here will benefit, with an additional 1 million in performance and an additional US dollar per share.
I believe everyone has their own way of calculating it, so I don’t need to explain it in detail.”
Seeing everyone's enthusiastic response, I returned to the original topic, "These venture capitalists are sick. On the one hand, they beg for investment, on the other hand, they try every means to cut off the supply, and even use threats.
I really don’t know what was going on in my head, thinking that I wouldn’t recognize you if you changed your username.”
Initially, the discussion was about the financing of Pinxixi group buying. Unexpectedly, after Pinxixi e-commerce survived the first round of malicious competition, it was also targeted by capital, such as IDG, Sequoia, and Tenda.
This time even Qiandu couldn't hold back, but they did a stupid thing. Among the joint shareholders, it was found that there was Lian Xiang who wanted to invest, and no one knew what the other party was thinking.
That’s why Li Zehua said that he was sick. “The traffic of Qiandu and Tengda is of great significance to group buying platforms, but it is not so significant to e-commerce. Qiandu or Lianxiang behind it thinks highly of itself.
It's ridiculous to think that you can force me to compromise by making a few phone calls."
Those who are well-informed know what is going on and laugh.
Those who didn't know were confused and asked in a low voice what was going on.
In the morning, Li Zehua was receiving representatives from several foreign venture capital companies in his office when he suddenly received a phone call. The person on the other end was quite important and kept recommending a company for cooperation.
What a coincidence! The heads of venture capital firms led by Goldman Sachs, Citigroup and Sequoia were all present. They had been investigating in Shanghai for a week and the specific details of the cooperation were similar to those discussed at Qingyun headquarters.
However, there are big differences in the valuation part regarding the specific investment amount. Qingyun Group insists on calculating the full year based on January's performance, while venture capital firms want to use October's performance as the benchmark for valuation.
(The expected growth rate and the additional value added after venture capital investment are not included. The valuation is roughly composed of these three parts.)
There is a huge gap here. In October, Pinduoduo group buying was just a company. In November, it became a platform. Given another two months of preparation period, its performance will definitely explode around the New Year.
Therefore, the gap between the US$55 billion that Qingyun insisted on and the US$40 billion that venture capital offered at most was so huge that the heads of several venture capital firms personally came to Yanjing to meet with Li Zehua.
Who would have thought that such an embarrassing thing would happen as soon as they met, because the valuation given by the person on the other end of the phone was outrageous, an insulting $24 billion, and half of it would be offset by Qiandu and Lianxiang’s resources.
He was too lazy to respond and simply turned on the loudspeaker so that everyone could hear it carefully.
Others didn’t see it at the time, but the head of Goldman Sachs’ investment in China turned pale with anger.
It was only because he tried his best to stop her that the latter did not confront him on the spot. In short, how the matter ended was none of his business.
Capital is very protective of the profits that are about to be obtained. Anyone who dares to delay their fortune-making will be bitten to death.
Moreover, these people are divided very clearly. Behind one project team and another, the same group of people are pulling the strings and directing the project. But when it comes to the execution, the probability of internal fighting is higher.
This is like Goldman Sachs and BlackRock (Taishan faction) which is executing the cash-out overseas plan, are the same company. Logically, BlackRock should be an ally of Goldman Sachs.
But now its allies have come out to disrupt the situation and want to take a piece of the fat meat from Pinxixi’s group buying. Can Goldman Sachs tolerate this?
According to the agreement reached by all parties, in order to prove sustainable and independent development, the Pinxixi group buying platform conducted its second round of financing in early 2010, and then would not accept new investors within a year.
If nothing unexpected happens, in 2011, as soon as the mid-year financial data is released, the company will go directly to the New York Stock Exchange to cash out.
With the current revenue scale, if net profit and market share continue to grow, it will at least be among the top three Internet companies in China, and a market value of 30 billion US dollars is just around the corner.
The group buying platform separated from Pinxixi e-commerce is similar to the difference between Ali International and Taotao. They operate independently but belong to the same parent company.
(Ali International’s market value at the time was about $120 billion, but Taotao believed that the stock market at the time could not reflect normal quotations, so it refused to go public.)
The venture capitalist wanted to invest in the entire Pinxixi, but was rejected, so he had to settle for the next best thing and first seek the Pinxixi group buying platform.
It has to be said that they have a very good vision. Since the city group buying was launched in September, the group buying business has been growing at an extremely high rate every month. The most important thing is that Pinxixi group buying has few participants and high profits.
November hasn't ended yet, and the monthly revenue has exceeded 2600 billion, with a staff of 1.2 (not including part-time employees), generating a net profit of million.
It is estimated that after the platform strategy is implemented, the company is expected to achieve annual revenue of 2010 billion in 330, ensuring a net profit of more than 10%, which is about 4 million US dollars. A valuation of 14 times is definitely not high.
The venture capitalists approved this performance betting agreement, but they had concerns about the high-speed growth part, so they wanted to invest in it at a relatively safe valuation.
But I didn’t expect that some people would be so careless and directly give Pinxixi a valuation of a traditional industry. Isn’t this deliberately destroying everyone’s jobs?
Even if these people were not present, Li Zehua would not be afraid.
Because although Qingyun Group conducts scientific research, it does not obtain projects or funding from a certain institute, and the latter has no way to threaten the Qingyun Group.
As for the other party's very implicit threats, it also depends on whether the 211/985 universities are made of clay. The Qingyun system gives money to the project for commissioned research, the universities gain fame and profit, and the doctoral and master supervisors get benefits.
Although the patent was eventually taken away by the Qingyun Group, it was also agreed that 5% of the patent income would be donated to the university and distributed to the person in charge of the research project.
The profit from one project may not be that much, but what about hundreds or thousands of scientific research projects?
Even a certain hospital that they wanted to rely on would dare to risk the world's condemnation and directly issue an industry ban order against the Qingyun Group?
If any of them are from Tsinghua University, Peking University, Jiangsu, Zhejiang and Shanghai, it would be strange if they are not beaten with the soles of their shoes.
What's more, the person who made the call was the head of a second-level department and it was impossible for him to represent the interests of the entire hospital.
He spoke in a roundabout way and refused to state his intentions directly, leaving people confused and speechless.
Li Zehua simply played dumb and didn't respond directly, which made the other party so angry that he finally said in a grim voice, "Take care of yourself."
After hanging up the phone, the person from Goldman Sachs said that they would leave the rest of the matter to them.
This is how the joke happened. Of course, when Li Zehua said this to Yang Zhichao, he was also criticizing him, saying that this guy also had problems.
Yang Zhichao knew he was in the wrong and did not dare to refute. It was because he attended the charity dinner last night and not only lost 5 yuan without knowing it, but was also scolded by Youyou.
In private conversations, Li also jokingly revealed his true thoughts on daily life.
Even though these were revealed accidentally when we were working together before, it was not fun when they were spread privately and one of the parties involved came to question us directly.
He just received a call from a real estate developer and was confused, thinking that the other party had heard about the construction plan of Qingyun Magic City headquarters and was preparing to get involved.
What he ended up with was the other party's subtle indirect attacks. It took him a long time to figure out that it was his capable subordinate who had sold him out in a private joke...
"I would be crazy to take a few hundred million yuan in benefits and go find a woman and give her a few hundred million yuan in person."
Li Zehua muttered to himself, and the more he thought about it, the angrier he became. He kicked someone hard under the table, and then said to Wang Chenglin, who was in charge of connecting with Focus Media:
"We will start with a pilot project in Yanjing. If the results are good, we will immediately promote it nationwide. In short, wherever there are offline channel merchants' advertisements, Qingyun and JD's advertisements will surround them."
Wang Chenglin was recently promoted from city manager to deputy general manager of Yanjing branch and concurrently city manager, while the position of general manager will temporarily be concurrently held by Liu Fugen.
However, many things began to be handed over to Wang Chenglin, after all, his ability was there.
Hearing this, he took out the letter of intent that he had just signed and said, "Chairman, this is the letter of intent that we drafted and signed with Focus Media this morning, but the cost-effectiveness is not worth it.
I personally recommend only following in prime locations and prime time, and for other advertising traffic access points, you should still follow the company's established promotion strategy.
This can not only give consumers the illusion that the company is outperforming its competitors, but can also effectively save money.”
As he handed over the contract, Li Zehua only took a glance at it. Although he didn't understand the details, he nodded slowly and said, "Well done. You can go to Mr. Wu and see what he thinks about this matter."
He never gets involved in things he doesn't understand. For example, when it comes to advertising, he can decide which channels to use, but he doesn't understand how to do it more cost-effectively.
Wu Yibin is professional in this area. As long as he agrees and most of the board members have no objection, it will be fine.
After dealing with the issues of publicity and advertising and the implementation of specific strategies, Li Zehua couldn't help but continue to criticize this capable general on the way back to the office.
"Fifty thousand dollars for an autographed photo, are you a fool?" Yang Zhichao kept begging for mercy with his fists clenched. "I slept on the sofa last night. I know I was wrong. I will never do such a stupid thing again."
"Youyou was polite by not kicking you out."
After entering the office, Li Zehua said unhappily: "If it were me, I would kick you away.
Besides, what are you thinking? How could Huayi, with such a mature film and television industry chain, invite you to invest? There must be something fishy going on here.”
Wang Zhongjun thought he didn't know his background, but in fact, through the bombardment of various information in later generations, Li Zehua knew better than anyone that this guy was a key link in the Taishan Sect.
Cultural value is sometimes infinite.
On the one hand, it can subtly influence the thinking of most people; on the other hand, it can continuously arrange the transfer of funds.
A person working in the entertainment industry has such a network of connections that even real estate developers would drool at the sight of him.
He shook his head and said, "You don't look like a coal miner. You don't have any money or mines. You only have a bunch of unrealized options. The bank can only lend you tens of millions at most.
With such a small amount of money, it's hard to invest in a movie, let alone a TV series. You don't have the ability to distribute and promote it, so how can I help you get rich?"
Yang Zhichao obviously didn't understand the hidden rules of the operation, but he knew that Li Zehua would not lie to him, so he was very puzzled and asked: "But what can a big boss like him do to me?"
"Because of our relationship, I can pass on some key information in the future, and make back all my investment in one go."
Li Zehua sighed, "These people are so pervasive, it seems I have to be honest with Wu Yibin, so I don't fall into their trap for no reason in the future.
Also, don't have any thoughts of hunting for beauties. Once you take a bite of the poisoned cake, you'll never get rid of it in your life. If you create more negative information, even I can't protect you."
Yang Zhichao was stunned. "What do you mean?"
"What do you think? There is no such thing as pie in the sky in this world."
Li Zehua shook his head and said seriously, "If you and I weren't friends, do you think those actresses would come to you automatically?
In fact, apart from that special halo, there is nothing attractive about her. There are so many beautiful women in this world. You might as well talk to Wu Yibin.
I don't know who this guy learned this from, but I heard that he has an art troupe under him, and a large number of retired flight attendants who have jumped from major airlines.
If you really want to do that, just dump Youyou and pick someone else at random."
It is definitely not acceptable for the company's senior management to mess around internally. This has been clearly communicated, and if discovered, there will be zero tolerance and no leniency.
But if they are attracted to each other, develop into boyfriend and girlfriend, or even get married and have children, then there will be no problem at all, as long as they are not in the same subsidiary.
Yang Zhichao shook his head like a rattle and even looked at him with a little contempt, "You think everyone is like you? I only have Youyou in this life and that's enough."
Li Zehua didn't believe what others said, but he really believed what Brother Chao said, because the house his family owned in his previous life was worth several million in the end.
As a result, this guy was so infatuated that he lost all his house and property, leaving only his little baby with him. I have known him for so many years but I have never seen him go out to sing with a girl.
He never went to nightclubs or bars, and could be considered a clean man. But that didn't stop him from continuing to attack her, "It's no use talking, if you're strong, go back and tear up the autographed photo."
"That's not necessary. Besides, it's a charity auction item purchased for 50,000 yuan. It's a donation to the children in the mountainous area."
"Bullshit, if we tear it up, will we not donate the money?"
How could Li Zehua not know what he was thinking? Ordinary temptations were useless to him, but what about the aura of admiration he had during his childhood and adolescence?
This was something we had to guard against, so we immediately pretended to call Youyou, which frightened Chao so much that he had no choice but to reluctantly give up and agree to hand over the autographed photo to the company.
Before leaving, he asked with a smug look on his face, "Can the 50,000 yuan be reimbursed?"
"Get lost! You're telling people about me. I haven't even settled the score with you for what happened to Changli Yifei yet. How dare you ask me for money?!"
After kicking this guy out, he told Wang Fei to book a plane ticket back to Shanghai tomorrow, and then he called Wang Jianning.
"Boss Wang, let's go to Shanghai to discuss tomorrow. Please bring your son with you. I have picked a professional product manager for him there. We have agreed that he will only be on loan for two years.
In two years, he will be transferred back to help me manage other business."
Wang Jianning laughed loudly upon hearing this and said, "Thank you, Mr. Li, for taking care of my son..."
Since he had agreed to a strategic cooperation between the two groups, he naturally accepted this favor with peace of mind. In interpersonal relationships, there must be give and take.
"Mr. Li, you must take care of yourself recently. I heard that some people are very unhappy because of this matter.
I am a person who speaks directly. The cooperation between Qingyun and Yida is mutually beneficial and is a normal business cooperation without too many additional factors.
You are also a smart man. Even if tens or hundreds of billions of interests are thrown at me, you are willing to tie Yida to the chariot. There is no way I can refuse such sincerity.
Although Qingyun Real Estate can also earn the same profit from this, the third party that originally planned to lend to the Yida project will suffer future profit losses of billions due to this item alone.
After you reminded me of the tourism project, I also sent people to secretly investigate the market, and actually found the details of bonds that had not yet been announced from a trust company.
It's really ridiculous. The project hasn't even started construction yet, but they've already arranged for bond financing. It's really one thing after another, what a good move."
Existence means traces, especially for this group of white gloves who are good at capital operation. When they participate in specific projects, it is impossible for them to use their own funds.
Capital is best at borrowing chickens to lay eggs. It will give you a few eggs out of ten nests and then take the hen that laid the eggs away.
It's such a joke that you now blame yourself for not working hard enough.
In this matter, they were a little impatient, or perhaps they felt that they had a firm grasp on Yida and had done a lot of preliminary preparation work.
Even a plan for early financing of the project was prepared, but as everyone knows, it all went down the drain. The confidential files that should have been destroyed were sold to Yida for 20 yuan by someone with ulterior motives.
The moment he received the financing plan, Wang Jianning was completely furious. If he went ahead with the original plan, Yida’s already tight capital chain would inevitably break.
It is obvious that with an investment of more than 200 billion yuan, Yida, as the leading party of the project, will definitely pay the lion's share.
They don't have to do anything. They just use their connections to block the loan process at a critical moment, and then let the previous lending institutions jump out to urge them. If Yida doesn't die, it will be skinned.
The best outcome would be that the dominance of several core business segments would be taken away. From then on, others would borrow money crazily under the guise of Yida, but in the end, he would be the one to pay off the debts.
Not to mention another result proposed by Li Zehua.
If you can't pay off your debts, then use a larger debt scale to cover up the original predicament and hold on one day at a time. If at this time, suddenly a few particularly promising projects emerge.
He would also be unable to help but grab it as a life-saving straw. Even if he finally discovered that it was a conspiracy within a conspiracy, what could he do?
At that time, if you take a step back and fall into the abyss, but continue to move forward with your eyes closed, you may have a chance to survive by escaping from death.
But it’s hard to say whether you can get out safely in the end.
The Qingyun Group jumped out to expose all this because Qingyun Real Estate wanted to make use of Wanda’s connections and network to earn excess profits.
For example, if it buys the whole building directly from the developer and the price is 1 yuan, Qingyun will at least offer 7000 yuan. As for cooperative development, why should the party that gets the land give the excess profits to you?
However, the cooperation with Yida is different. After taking all expenses into account, the floor price Qingyun gets will not exceed 800 yuan.
Xingcheng is a bit cheaper, but in the central area of Pudong, the price will not exceed 3000. If it is hoarded and sold at the right time, the profit can be at least ten times.
No need to take any risks, how perfect!
But there is gain and loss in this world. It is rare to get something for nothing. If the Taishan faction's plan is ruined, Qingyun Group and Li Zehua himself will have to bear the revenge of others.
In response, Li Zehua smiled and didn't care at all.
"You want to play tricks? Wait until the Geography Expedition Team is done. Even if you run to the end of the world, you will have to accept the judgment!"
After hanging up the phone, he sneered: "Sugar-coated bullets, not only will I eat the sugar coating, I will also send the bullets back to blow you upside down and make you look humiliated." (End of this chapter)