Chapter 306: Highlight the word

Saturday morning, December 12.

The venture capitalists formally met and discussed. In a meeting room, after Shi Yao met with the founder of Jingdong, he exchanged a few polite words and then said bluntly: "...I will not beat around the bush. Jingdong Rong 300 million U.S. dollars.”

At this moment, not only Da Qiangzi was present, but Jingdong's assistant president and chief financial officer were also present. They were also surprised when they heard Shi Yao's rich and powerful posture.

300 million US dollars, which can buy Jingdong.

Da Qiangzi was much calmer. He said, "300 million dollars is too much. The entire Jingdong may not be worth so much at present. If your company wants to invest in Jingdong, we should be enough to receive 75 million dollars."

Shi Yao smiled and said in an orderly manner: "This is not something that can surprise Mr. Liu. Let me tell you why Qunxing gave this number. Jingdong's model is to build warehouses and logistics centers in big cities. You said 7500 Ten thousand dollars is not enough for you to experiment with this practice. Entrepreneurs often overestimate their abilities and underestimate the difficulties they face.”

Da Qiangzi was very surprised that Qunxing Capital actually recognized Jingdong’s model. You must know that most of the domestic investors are not very optimistic, and he is often angered by Ali’s founder.

There is no way that Mr. Ma is too good at speaking, too good at debating and too good at speaking. Many peer exchange conferences have become green leaves to set off Mr. Ma.

In fact, Shiyao also has reservations about Jingdong's business model, but this is the request of the big boss to vote. Now the words to communicate with Daqiangzi are also prepared by the big boss in the materials. Shiyao also refers to the materials to expand .

After a while, Shi Yao said again: "You think that 75 million US dollars is enough, which means that you have not clearly seen the difficulties and challenges of what you are going to do. Jingdong is doing a very expensive business. I If you don’t deny this point, then you can’t build your core competitiveness without spending enough money on logistics and supply chains, and Jingdong needs so much money, so we will invest so much money.”

Da Qiangzi couldn't help but fell into deep thought, and he also knew that the words of the investors of Qunxing Capital had spoken to his heart.

Shi Yao added: "If Qunxing Capital gives you 300 million U.S. dollars, Jingdong will definitely be able to quickly establish an unshakable leading position in the B2C e-commerce field in a very short period of time, and even to a certain extent, it will also deter the future. Capital is invested in competing companies in this field, thereby strengthening Jingdong's market position."

In the end, after the radish finished speaking, it was time for the big stick, and Shi Yao said directly: "Either you accept the investment scale of 300 million US dollars, or I will not invest a penny from Qunxing Capital, but we will give the money to you." Vote for your direct competitor company, and fully copy your business model of Jingdong, because we are also optimistic about this model. Qunxing Capital has a lot of money, and 300 million US dollars is not enough. We can continue to spend another 300 million US dollars .”

Well……

Da Qiangzi and the others were stunned by these words, and they were speechless for a moment to refute.

Not much else is more money!

There are not many people who can say such a thing convincingly, but Qunxing Capital definitely has the qualifications to say this, and Da Qiangzi absolutely believes it.

Because Qunxing Capital made a big deal last month, that is, its layout in the field of commercial aerospace. Its Kyushu Blue Arrow announced that it will invest tens of billions in research and development every year, and an investment of hundreds of billions in ten years.

This incident was a sensation in the investment and technology circles in November, and it was reported by various media organizations on the front page, and Da Qiangzi had also heard of it.

Who in the current venture capital world doesn't know that Qunxing Capital is a super VC institution that is so rich that it has no friends.

More than 200 million yuan is a small amount of money for Qunxing Capital. If Jingdong does not accept it if it really wants to deploy B2C e-commerce, in case competitors get financial support from Qunxing Capital, a master who spends money without blinking an eye, absolutely Enough for Jingdong to drink a pot.

On the contrary, accepting the investment from Qunxing Capital, Jingdong can almost be said to have taken off on the spot. Da Qiangzi is also very clear that what Shi Yao said is correct. Jingdong can quickly establish an unshakable position in the B2C field with financial support in a very short period of time. The leading position can also deter capital from investing money in competing companies to a certain extent.

After all, other VCs still have to weigh the cost of fighting with Qunxing Capital to burn money. For other investors, it is better to go to Jingdong’s car with Qunxing Capital instead of fighting against each other. In this way, Jingdong’s competing companies will realize their cash If the financing ability is curbed, Jingdong will get continuous support from capital instead.

Although the big Qiangzi who weighed and weighed in his heart did not express his position directly, he basically knew how to choose.

...

A week later, on Saturday, December 19th.

Jingdong officially announced that it has received an investment of 300 million US dollars from Qunxing Capital to complete the C1 round of financing plan, equivalent to about 2 billion yuan. This financing case created the largest single financing scale of the domestic Internet this year.

As soon as the news came out, people from all walks of life in the Internet circle and investment circle were shocked.

Everyone was stunned by Qunxing Capital's operation. When many people in the industry saw the news, they repeatedly confirmed that Qunxing Capital did not directly buy Jingdong, but financed Jingdong.

However, it is not known exactly how much equity will be sold, because Jingdong, including Qunxing Capital, has not disclosed it to the outside world. Everyone is very curious about the valuation Qunxing Capital has given Jingdong, which must be far higher than the 200 million US dollars currently given by the industry. up.

Entrepreneurs and investors have knelt down to Qunxing Capital. The money was spent without blinking an eye. At one time, many people dreamed of going back to the time when the Internet bubble burst in the millennium.

You must know that the whole world has just experienced a financial turmoil, and Qunxing Capital is throwing money crazily at this moment, which is really too much.

The current Jingdong, the former Kyushu Blue Arrow, and then the purchase of film and television copyrights, and then the investment in Xingyu Technology, Quantum Beat, etc., are all extremely generous, and each one is more outrageous than the other, highlighting the arrogance.

Aside from the M\u0026A case of Hengtong Pharmaceutical Group, the entrepreneurs found that Qunxing Capital is really a proper angel investor.

Quite a few melon-watching crowds have seen Qunxing Capital’s recent operations. Kyushu Blue Arrow has entered into commercial aerospace, and now it has invested 200 million yuan in Jingdong. Netizens ridiculed that this is Aerospace + Jingdong, Mars times. Rida, this is the rhythm of interstellar express.

However, one yard counts for one yard. After being surprised by Qunxing Capital’s lavishness, people in the industry then predicted that the investment would be in vain. The reason is still that they are not optimistic about Jingdong’s business model.

And I still use the arguments that the founder of Ali complained about before, not to mention that in the future, the salaries of hundreds of thousands or even hundreds of thousands of couriers in Jingdong will be enough for the company to drink a pot, and profitability will become an unattainable dream. At present, Zizi can't come up with any reliable profit plan.

However, this can’t change Da Qiangzi’s persistence. Outside public opinion is not the key point. Qunxing Capital, the patron’s father, recognized Jingdong’s business model and gave Da Qiangzi a lot of confidence.

Qunxing Capital has once again attracted the attention of the outside world. Everyone can't figure out how this lightning-rising investment institution has so much money.

Most people in China are familiar with Qunxing Capital because this investment institution has made a lot of money in the overseas capital market, and it has also made a lot of money in the A-share market. It successfully bought more than 1,660 points, and now it looks like it has made a lot of money.

The question of where Qunxing Capital's money came from seems to have been answered, it was earned from the stock market.

...

However, in the recent A-share market, during the period when Qunxing Capital and Jingdong started financing, the big A began to fall again, especially this Thursday and Friday fell by -2.34% and -2.05% respectively, and the market index fell from 3300 points It fell to the 3100 water mark.

Now that the market has come out, not to mention the previous high of 3478, even the second high of 3361 has become a new pressure platform, and the market is getting weaker and weaker.

At around 11:00 am on Tuesday, December 22, the A-share market was in mid-day trading, and there was a major bad news on the news. According to people familiar with the matter, Qunxing Capital, which is pessimistic about the market outlook, has fully liquidated its A-shares Market cash out.

Affected by this news, the A-share market, which was on the red market at 11 o'clock, fell back immediately, and the dive accelerated when the market opened in the afternoon.

Obviously, the news of Qunxing Capital's liquidation of A shares has caused funds to follow the trend and flee. If the news is true, it means that hundreds of billions of funds have fled on a large scale. The blow to the market can be imagined, including confidence. hit.

Qunxing Capital alone has run so many institutions, what about other institutions?

Regardless of whether the news is true or not, after it spreads, we will have to spend the first-hand funds.

As a result, today's market fell below the platform support of 3100 points. As of the close, the Shanghai stock index fell -2.32%, closing at 3050.52, a recent new low.

...