Reborn Entrepreneurial Giant

Qu Li with a net worth of 1.5 billion is naturally incomparable with Sanyi Liang Wengen with a net worth of 20 billion, but who makes Qu Li born as an orphan, self-made, without original sin, although his character is a bit proud, but talented, he writes novels, lyrics, filming Movies are good at everything.

So when Qu Li arrived in Xingsha, not only many people from Xiangcai Securities came to see him, but also some leaders from Hunan Province attended the reception ceremony, which really flattered him.

"This time I will invest in the shares, and the funds will arrive in the account soon. As for the Lehman Brothers matter, I will not participate, but I have agreed with them to have the right of first refusal. If I can use their advanced experience to turn Xiangcai Securities into a profit , to establish a better organizational structure, that is naturally good. If they can't do it, I can find a way to get rid of them." Qu Li answered honestly to the question from Huxiang boss in private.

""Comet" made me 90 million US dollars, and there is no shortage of funds to invest in shares, but I can borrow as much as I can borrow with low interest funds. This kind of opportunity is hard to come by."

"Invest in Huxiang? I haven't considered it yet. If I hadn't already started my business in Yangcheng, I might choose Beijin, where the talent advantage is more concentrated. I am too young to understand management, so I hope to recruit high-quality talents, even if I pay more. , and try to choose those employees or co-founders who don't need to be managed..."

"I've been to Silicon Valley and visited companies such as Google. Internet companies advocate equality. I'll confess those tech giants and treat them as grandchildren. I don't believe it won't work."

"When encountering unqualified employees, of course they will be fired as soon as possible. In fact, corruption is a red line in Jumei. No matter how high the position is or how powerful the skills are, as long as they are corrupt, they will be fired or even handed over to the judiciary."

He communicated for a long time with the big bosses in Hunan Province, and showed his ability. It's not for nothing, so someone guided him from all aspects. Even if he doesn't understand, he will remember and ponder carefully, big people often have something in their words, and he is afraid of accidentally stepping on a pit. Don't say that the 1.5 billion net worth is false, even if it is true, it is worthless in front of rights. It can only be said that under certain conditions, the status of a young orphan is his only "advantage".

The shareholders of Xiangcai Securities knew that there was support from Lehman Brothers behind this investment, and once again they were full of confidence in the future. They issued new shares worth 500 million soft sister coins to the fund established by Qu Li in China, about 15% of the shares.

Qu Li's identity and age are here, so it is naturally inconvenient to join the board of directors of Xiangcai Securities, so his legal adviser, Yangcheng lawyer Tian Yue, joined Xiangcai Securities on his behalf and fulfilled corresponding obligations, becoming one of the seven board members.

The whole process was as smooth as milk, with almost no resistance, which made Qu Li amazed. Only Xinhu Group, which was unexpectedly out of the competition, has some opinions on this, but so what, no one cares about Old Cousin Jiangxi.

As for the acquisition funds of 500 million soft sister coins, where did they come from? Blackstone Fund provided a guarantee to help him borrow 300 million from HSBC. After Lehman borrowed his 30 million US dollars and contributed 200 million US dollars, there was 4 million US dollars left.

The loan of 500 million Ruanmei coins made Qu Li feel too much pressure. After thinking for a long time, he decided to take some risks and bought 600,000 barrels of 600 lots of international crude oil futures around US$61.5. If the international crude oil fell by US$6, he might lose his money No return, the risk is a little bit high.

After leaving Huxiang and flying to Beijin, he felt that nothing had changed, and he felt that he had changed a lot. He didn't know what went wrong. After summarizing, I found that the leverage he is using now is very large, which is worthy of his strong gambling skills.

The news that Xiangcai Securities received financing was announced soon. As for who is behind it, not many people know. There are rumors that it is Qu Li, who was mercilessly ridiculed; "Do you think Qu Li is omnipotent?"

The omnipotent Taobao did not appear, but the omnipotent Quli appeared, which is really interesting.

Qu Li returned to Glory at this time. In fact, he has nothing to do. He is not needed for personnel recruitment or technology research and development, so there is a little internal dispute. Many people ask why?

"Is the OKR model not good enough?"

"Is our staff not good enough?"

"Or are you not confident enough?"

Going back to Glory, Qu Li asked Li Yinan three questions, whether the Huawei model is good or not, and it is of course good to pass the verification of Huawei. But is it suitable for other technology companies? the answer is negative.

Warwick Telecom's equipment business has amazing profits. Last year, its annual revenue exceeded US$12.56 billion, its cash and equivalents exceeded US$1.7 billion, and its net profit was about US$700 million. It is more than the start-up capital of Honor’s 100 million soft sister coins. Most of the migrant workers will consider their own interests and can accept Huawei’s high-intensity working environment. Other companies don’t give enough money, so they want their employees to contribute to the company. This is not bullshit hooligan?

Glory is a start-up company, but the overall quality of the team members is even higher than that of Warwick. In this case, a high-intensity work model is forced, the money is not enough, and the value of stock options is not widely recognized. At this time, a high-pressure working environment is implemented. It's really irrational.

According to Qu Li and Li Yinan's analysis, Warwick is a special case. It is impossible for a high-tech enterprise to learn from Warwick's management model and achieve success in the future, because this is contrary to human nature. But it doesn't mean that Huawei will definitely fail in the future. As long as Huawei's spirit is still there, Huawei will be able to keep winning and always be "far ahead".

"When our first mobile phone is successful, the number of employees increases, and the overall quality decreases, we may have to learn from Huawei. But before that, you can consider the pros and cons of the Huawei model. There is no perfect management model in this world. Find the most suitable one. my own……"

Li Yinan, who originally thought it was difficult to talk, did not bother too much, and quickly accepted Qu Li's opinion.

Someone who jumped over with Li Yinan asked him why he didn't insist.

"I'm thinking about Qi Baishi's words: Those who learn from me will live, those who resemble me will die, and it is impossible to surpass Huawei by learning from Huawei..." Li Yinan was not defeated after one failure

"Can Qu Li really succeed?"

"It might work?"

The valuation of Jumei’s second round of financing is ten times higher than that of the first round, which can be included in domestic venture capital cases. Jumei’s valuation of 390 million US dollars has blinded many people’s eyes. For example, Chen Nian accelerated the establishment of Fancl Eslite.

"What's so good about Jumei, it's an ordinary company, I can do it if I come?" Chen Nian said to Lei Jun on the phone.

Lei Jun doubted his gaze, but he was busy with Jinshan's IPO and had no time, so he was not going to participate in the first round of financing of Fancl.

Lehman Brothers was frequently interviewed by the media and explained their reasons for investing in Jumei: "Qu Li is a very thoughtful and talented entrepreneur who also has great influence in the United States. Jumei can become an international company. Internet companies."

"Although it is young, the company's management level is not weak compared with most start-ups in Silicon Valley, and it has top partners..."

"Qu Li's personal influence at home and abroad exceeds that of ordinary entrepreneurs, and he can save Jumei a lot of publicity and promotion costs, new user registrations and active users..." Shen Nanpeng and other venture capitalists also praised Qu Li

"I'm not surprised by Jumei's success at all, Qu Li is the same as me..." Hangzhou Alima, not to be outdone, came over one after another to catch the heat.