Chapter 3: Invest in People or in Projects?
If it weren't for rebirth, Ding Yu wouldn't have seen so many various entrepreneurial cases.
He remembered a saying: Look less at people eating meat, and look more at people suffering.
Projects with little investment and high profits are hard to come by, and such projects do not require financing.
The most dangerous among several projects is the "air fuel" project. The most promising one seems to be the most confusing one.
After the key projects are over, the host will ask some entrepreneurs who promote personal projects to speak a few words.
Ma Yun naturally would not give up this opportunity. He rushed to the stage like he stepped on a spring.
The host smiled and handed him the microphone. He did not prepare the video and volunteered, and of course he did not notify the attendees to prepare well.
The people in the audience couldn't help but talk, which surprised Ding Yu.
Immediately, he felt relieved again. Ma Yun is now well-known in the circle!
But when most of the financial owners heard his introduction, most of them ignored it or said to others rudely: "Did you see it? That's a liar, fooling money everywhere."
Sure enough, the trajectory of history has not changed due to Ding Yu's rebirth.
Ma Yun founded Hangzhou Ali Father Network Co., Ltd. in March 1999. He is the general manager. The "Eighteen Arhats" are under him and he started a business together. The office is his home. The hardships at the beginning of the business are sad.
In comparison, Ding Yu's starting point was as high as the sky, and he entered the top of the list of wealth or not wealth in more than a year, and paid 10 million for the CYO office.
Of course, Ding Yu is not the sucker. His idea is the same as Ma Yun. However, his personal money is too fast, and he naturally spends his personal property as company property, which makes the Battle Bingxingzhe Group feel that it is sufficient and rich.
This does not conform to economic laws and is not a regular operation for entrepreneurs, but Ding Yu is not an ordinary person, and his rebirth is even more unnatural and more in line with the rules.
Li Baiyi's vision was indeed unusual. While listening to Ma Yun's introduction to Alibaba's father's website, he said to Ding Yu: "This young man is not simple. Although I don't understand what he said, he can do big things."
Ding Yu turned his head and looked at Li Baiyi, and couldn't help but give a thumbs up to the billionaire. People are optimistic about Internet projects, but it depends on who will do it, how to do it, and what development goals are.
In addition, execution and forward-looking are all essential qualities for entrepreneurs. Ma Yun has it, but unfortunately few Chinese people can understand it.
In other words, if you think Ma Yun’s project is very likely to be imitated, so you can invest money for him? It’s better to do it myself!
Xu Yehua, who was sitting in the third row, looked at Ding Yu and the old man of the Li family, and felt bad. This kid was getting more and more powerful and began to be on par with the wealthy man in Xiangjiang.
Seeing Ding Yu, he no longer had resentment, but was afraid. This is the star of the demise in his life!
Ding Yu made a fortune by replacing a good plot of land.
At the beginning, it was not what Ding Yu begged him to buy. Their family was anxious to raise funds to enter the venture capital industry, so he remembered the trick of Ding Yu.
This time, he decided to stay away from Ding Yu and not join him.
Although Zhang Musen's anger was not gone, he did not dare to cause trouble for Ding Yu.
Only Li Xiaolin came with Ding Yubiao. His father, who made money by "reselling" back then, had limited IQ, so he cleaned up all his money and invested it for him.
Li Xiaolin thought about the nearly ten million funds he had quickly doubled, and felt that the project was recognized by experts.
Ma Yun introduced what he introduced was regarded as a liar by "others", and he no longer paid attention to it.
Li Xiaolin decided to go for the "air fuel" entrepreneur and said proudly: he would invest tens of millions of dollars.
Xu Yehua and Zhang Musen surrounded Huang Xun from Yitu.com.
The two of them can definitely afford $10 million, but they will not be satisfied with the amount of the first round of investment.
Even if you invest tens of millions of US dollars, the proportion of shares you care about is still too small, only 15%.
What they want is to invest in the second round to ensure that the equity is diluted larger during the second round of investment.
In order to discuss the additional conditions for the second round of follow-up investment with Huang Xun, they discussed it and decided to increase the investment in the first round!
In the first round, they invested 15 million US dollars, so that in the second round of investment, they can ensure that their shareholding accounts for 49%!
Huang Xun is Haval's MBA. He understands this marketing and investment strategy very well, and tells them very well: No!
Xu Yehua is Xiangjiang Capital. He is just a puppet representative standing at the front desk. The venture capital experts invited from his home are the decision-makers.
Obviously, the venture capital experts of the Xu family are also optimistic about Yizhan.com, paying attention to Yizhan, not Huang Xun!
Whether the project's prospects can be judged. Xu's venture capital experts believe that as a new portal concept, the United States' Internet model is indeed worthy of praise.
After hearing this, Xu Yehua called her home. After that, she didn't have too much trouble and still had to invest 8 million US dollars. The second round of listening to Huang Xun's rules!
When Zhang Musen saw it, he was not willing to be outdone. He invested 8 million US dollars and also participated in the second round of financing decisions, but did not have the right to speak.
The share share and decision-making power are the most important for entrepreneurs. Once they invest money, they have the final say! Then kick the entrepreneur out and it is common for startups to be embezzled by capital.
Ma Yun had a very good tone and finally asked for financing of 10 million yuan, which only accounted for 20%. He had no right to speak and did not participate in company decisions.
This is equivalent to making investors believe that his company will definitely make money.
Ma Yun’s profit model is actually not clear. As a business-to-business trading website platform, where is its profit point?
This is similar to Yitu.com's strategy, and it is forward-looking. The advantage of Ma Yun is that they will not make any progress and the plans they give are also step by step.
If there is a lot of capital, there is a way to play with a lot of capital. If there is a lot of capital, there is a way to play with a lot of capital.
Li Baiyi finally got a trick away from chess. He was not optimistic about Ma Yun's origin. A teacher from a normal college failed to start a business in Beiyan twice. This kind of investment is indeed extremely risky.
Ding Yu smiled and invited Li Baiyi to invest money for Ma Yun. Although Gui Gu returned from professionalism, it may not be in line with the national conditions.
Li Baiyi smiled and said, "I'm just optimistic, but it's not enough to spend money. You just said that their profit time may be very long."
Ding Yu was stunned, "But the price is not high. I depend on people investing money. This is irrational, but don't worry."
Li Baiyi laughed and said, "Forget it, this Ma Yun can achieve great things, so I won't participate. The most important thing in this world is not money. Besides, I basically handed over the power to Li Qianyue, so I won't interfere too much."
When Ding Yu heard this, he nodded thoughtfully. Does he need money?
If you want to talk about spending time and wine, it is indeed not enough to spend it. If you keep your heart safe and live in this life, you will be enough to spend it now after retirement.
But is he willing? Obviously not.
After the meeting, it was already ten o'clock in the evening. Li Baiyi was sent to the door by Ding Yu and made an appointment to visit Xiangjiang again in the near future.
Ding Yu is not afraid that someone will be the first to make a quick trip to Ma Yun. Is there any difference between spending 10 million or 100 million?
At least it is no difference for Ding Yu.
Not everyone has a forward-looking vision. If you want to invest in Malu at this time, you must at least have strong capital in your pocket. If you miss it, you should be considered as buying experience and lessons.
This is the normal mind of venture capital institutions and the courage that large companies should have.
Farewell to Li Baiyi, Ding Yu and Mei Yihong asked for a cigarette, stood there and smoked. The first real venture capital he was reborn began by chance.
ps: Book friends, I am Frozen Liwei, I recommend a free novel app that supports novel downloads, listening to books, zero advertising, and multiple reading modes. Please follow the WeChat official account: dazhuzaiyuedu Book friends, please follow it!
Chapter completed!