Rebirth

"BOSS, now Century Tianya Investment has completely established a foothold in the high-tech zone and has a reputation. Now we can receive information about projects that we want to finance from the high-tech development zone and even across the country, especially the Internet and high-tech zones. In the field of technology, we have opened up our reputation.

It can be said that in the field of domestic venture capital, Century Tianya Capital, which is owned by our investment company, is based in China. In the past, some domestic high-tech companies, such as Internet companies, wanted to find venture capital to go to the United States. Now many are here first. We are here to prove our results."

"Yes, I think the domestic venture capital field will blossom in the future, and now all kinds of foreign capital have begun to enter the country. For the time being, it is all private equity wealth funds, etc., and there is almost a blank in the venture capital field. , This is the entrance that I considered entering the domestic capital market at the time. It seems that you are doing a good job.

"Indeed, venture capital in the US Di Silicon Valley has long been popular, but in China, it is mostly large investment institutions such as Motorola and KKR. Most of these institutions are engaged in direct corporate investment, mergers and acquisitions, and financing overseas listings. , And the pure venture capital field is indeed blank." Liu Haifeng also interjected and responded with a smile.

"That's right, after all, our Century End of the World Investment Company was established for too short a time, and all aspects of qualifications are inadequate. The disadvantages of companies that want to compete directly with these large capital consortia are too obvious.

Venture capital does not have such obvious disadvantages. Coupled with the rapid development of domestic high-tech industries, too many companies need venture capital at the beginning. I hope you can make persistent efforts to make Tianya Capital a well-deserved domestic venture capital field. Boss.

Think about Sequoia Capital and so on. If Tianya Capital can become a position like Sequoia Capital in China, I think whether it is for companies or individuals, you can get everything you need."

"BOSS, we will work hard, and we are all looking forward to it."

Listening to Li Feng's inspiring words, several of the domestic investment circles of later generations all looked excited.In particular, Li Feng said that he hopes to become Tianya Capital and become the domestic "Sequoia Capital", which makes several people understand the aspirations of their bosses.

...

Next, a few people began to report on the results obtained since the establishment of the domestic Tianya Investment Company. Although they have already reported in the previous emails, they can look through the information in the current conference room while listening to them. Li Feng was still excited about the introduction of the capable person.

Li Feng also did not expect that in a short period of time, Tianya Capital not only opened the door to domestic venture capital, but also gained a lot.

As Netscape and Yahoo have taken the world by storm, the Internet storm in Silicon Valley has swept the world. Naturally, domestic Internet pioneers have also begun to move around.

By 1997, the three major portals in the future began to take shape. At this time, the three major portals in the future began to look for financing channels. At the beginning, they turned their attention to the American emperor, and Silicon Valley naturally became the first choice. .

Li Feng naturally knows the truth. Although he was not engaged in this aspect in his previous life, after all, the information in later lives is too transparent. I have always heard about these companies looking for the first round of financing, and they all went to the American Emperor. To find it.

When Li Feng arrived in China at the end of last year, he and his wife Wang Chaoyong began to connect immediately. First of all, they will be the three major portals in the future. After all, with the popularity of Yahoo, it is obvious that portals are the best investment in the original Internet. local.As long as the original heads of the three major portals came from later generations, basically everyone heard of dogs, Ding Sanshi, Zhang Chaoyang, and Wang Zhidong. The first one was in Yangcheng, and the latter two were in the Beijing High-tech Zone.

Soon, in the second half of this year, just a few months ago, Wang Chaoyong brought good news to Li Feng. The three major portals in the future welcomed Tianya Capital’s investment. Next, domestic The history of Internet financing began to change slightly. Although it did not achieve the idea of ​​dominating the financing of several major portals, it was involved.

The first thing that Century Capital found was Sohu and Sina. The ones that were just found at the beginning of the year were called Aitexin and Stone Lifang instead of Sohu and Sina.In June, the NetEase BBS was also online, and NetEase was found smoothly.

Netease came to the door as soon as it was established, and naturally entered the angel round, while Sohu and Sina were a little late and both entered the second round. The three companies invested a total of 3.5 million U.S. dollars and held 25% and 15 shares respectively. % And 12%, of which NetEase is 500,000 and the remaining two are each 1.5 million.

...

It is said that Sohu and Sina have already been paying attention to investment institutions at this time. Therefore, Li Feng inserted a little late and could only squeeze into the second round. The price was naturally higher. The easiest one was NetEase. .

It is said that Ding Sanshi, who was still working on BBS, was very excited when Century Capital found NetEase, which was just established. But in general, he was unwilling to give up too many shares. In the competition, the final 500,000 U.S. dollars got 25% of the shares.

Naturally, with the addition of Liu Haifeng, Li Feng would not let him engage in venture capital single-mindedly. In the past, Morgan Stanley was best at private equity, helping corporate financing, direct investment, listing and other projects. Therefore, Li Feng Also mentioned two directions.

In addition to the fact that the Internet has always been based on venture capital, for example, industrial projects in the real estate and automobile industries are mainly privately-owned. If you have the opportunity, you can also participate in strategies.

At this time, Liu Haifeng proposed a very good project, which was the project he followed before at Morgan Stanley, and that was the famous Nanfu battery project.Obviously, the new industrial projects proposed by Li Feng are very suitable for Liu Haifeng's future, and people will propose such investment projects.

"Mr. Liu, you came out of Morgan Stanley and followed up the Nanfu project again. Will there be any problems?" Hearing the famous name of Nanfu Battery in the future, Li Feng couldn't help thinking about the big motorcycle behind him and worried about others. Will it be a problem if I get out of Damor and just intervene like this.

"No problem. When I left, I didn't sign an agreement such as not being able to compete."

"That's good, but I've also heard about Nanfu. It is said that Nanfu is now a top brand in China, especially in the battery field, which absolutely leads the country. Why should foreign investment enter?" Li Feng wondered Asked.

"BOSS, I know the truth about this very well. Now, on the Nanfu battery side, the local government actually wants foreign capital to enter. Although it seems to me that the local government wants a reputation for political achievements, after all, joint ventures sound bigger. The last point, but for capital institutions, this is a rare opportunity."

...

For Nanfu Battery, Li Feng’s only impression is that it will be acquired by foreign investors in the future. Now it seems that the local government has opened a gap for foreign investment. Finally, they used capital to operate and finally acquired Nanfu. After listening to Liu Haifeng Li Feng was completely speechless.

Thinking of the fate of Nanfu in the future, Li Feng couldn’t help feeling at this time. This was really an answer. Not afraid of opponents like gods, but teammates like pigs. Nanfu was the number one battery brand in China at that time. But the fate of being fully acquired by foreign capital.

Naturally, I heard that when he was at Morgan Stanley, Liu Haifeng was directly in charge of Nanfu's investment project, and there was no problem. Li Feng would not let it go. Let Liu Haifeng follow up at any time. It would be best if he could buy a share. .

Next, everyone talked about many large and small projects. Li Feng discovered that many good projects, such as the famous AsiaInfo, are now preparing to raise funds, and they seem to be listed on NASDAQ in the future.

In his previous life, Li Feng had really heard of this name. After all, it would be able to be listed on NASDAQ. Around 2000, it was a state-of-the-art enterprise in China.

I can't help but feel that in this era, when you have enough funds, there are too many projects that can be invested in China, and you can still make a lot of money.

As he was talking, the secretary to the president of the company quietly entered the meeting room. It turned out that it was the leaders of the high-tech development zone who came to the company. It seems that it was because of the arrival of Li Feng, the American super-rich. They received the news. Up.

...

"Since the landlord's house came personally, let's go and meet." Li Feng said to several people with a playful laugh.

"..." After hearing Li Feng's jokes, several investment circle leaders were speechless.

"Haha..."