Reborn Entrepreneurial Giant

The Vision Fund is investing while raising funds, and the statistics have not yet been calculated.

Because of medium and long-term investment, there are no strict requirements on network and electricity. Envision and Xiangjiang Investment are not very eye-catching in Xiangjiang headquarters, and they rented a floor in the second phase of Guojin.

Envision’s high-risk speculation is still going on. In addition to crude oil and gold, there are also bonds. For example, betting that AIG and Citibank will not go bankrupt, and betting that Standard Chartered Bank will not go bankrupt. Da Liu of Xiangjiang is buying discounts during the subprime mortgage crisis. In the end, he made a crazy profit of 50 billion Hong Kong dollars by breaking the broken bonds. As for whether it is true or not, I don’t know, anyway, he is sure to make money.

In addition to fundraising, Envision also receives financial support from banks such as HSBC and UBS, and it is certain that it can make money. He made sure that AIG, Citigroup, and Standard Chartered Bank did not go bankrupt in the end, and their corporate bonds fell to about 30% of the original price and were bought by Envision in large quantities. When the crisis is resolved, it is not a problem to earn three times.

Seeing the strong profitability of Envision Xiangjiang, the banks they cooperate with are naturally moved. Sun Jian and the others are already preparing to apply for Xiangjiang's brokerage license, not to be a brokerage, but to make their speculation more confidential.

He really doesn't believe that a company has no shortage of money or people, has established a strong reputation in the early stage, and has continuous business to spur them forward. If it is said that there is no future, he really doesn't believe it. Of course, the internal firewall of Vision Investment must also be well established. High-risk speculation must not be related to equity investment or stock investment, and strategic investment must not be treated together with ordinary investment.

It may not be intuitive to say this. For example, Facebook, Twitter, Tesla, and Riot Games are put into one company. Without Qu Li’s signature, they do not sign any related contracts with any companies. They are considered clean shell companies.

Spansion Semiconductor, Thaleson, Infineon, which may be in the future, and Ningde Times, which has not yet invested, will be placed in another company to facilitate mutual collaboration and enjoy more dividends than the previous shell company.

In addition, the equity investment projects they do themselves, of course, follow the industry rules, and may even get more than other companies in the industry. This is the hierarchical and hierarchical management to ensure that risk prevention and control is done well, and the losses of hedge funds cannot affect FB and Twitter.

Qu Li’s extreme fear of risk will definitely affect the prospect, but it may be deformed, thinking that he wants to firmly grasp the control, otherwise why do high-risk investments, Spansion Semiconductor and Infineon have a great possibility Bankruptcy, it is very risky to invest and gamble at this time.

There is no perfection in this world. Qu Li participated in the construction of the corporate culture and management system of these two companies: the establishment of Yuanjing and Xiangjiang Investment must first serve me, but with the growth of Jumei and Glory, I need to use You will have less and less time, and I will reduce my involvement in business operations in the future. At most, I hope that everyone can stand up and make money, don’t do things that violate the law and morals, and never learn the bad habits of Wall Street. Home.

To be a respected company and a respected person, even if you pretend, you have to pretend for a lifetime.

Vision and Xiangjiang Investment will become private equity funds like Blackstone, Oak, Carlyle, and KKR in the future, and the stock investment business will be transferred to Xiangcai Securities in the future.

That's for the future. Now, Qu Li has to deal with his 200 million US dollars in Japan, which is about 23 billion in Japanese yen and about 260 million in US dollars. But should we change it? He needs to make a decision.

"Mr. Qu, do you want to invest in Dongying in the future?"

"Of course." Jumei will definitely open up the Japanese market, not only to sell but also to buy goods. This is an obvious thing. Just because Ari Taobao and Goudong have no achievements in Japan, we cannot deny the practical significance of entering the Japanese market. ?

First of all, in terms of product quality, Dongying products have no price advantage, but the average quality of most products exceeds that of domestic products, even if these products are domestic OEMs. It's not that Zhongying doesn't have that production capacity, but that under the background of price competition, when domestic sellers balance product price, quality and sales volume, most of them will lower the quality and lower the price.

In the future, Jumei will definitely purchase goods from Dongying, and at the same time, it will also try to let Shopee enter the Dongying market. Starting from the physical group buying, it will gradually erode the Dongying B2C e-commerce market, relying on Chinese female sellers to compete with Amazon and Dongying Rakuten.

"Then you can choose a partner in Dongying and cooperate for a long time."

"Can't SoftBank work?"

"It's best to be a comprehensive trading company. You often need to deal with them when doing import and export trade in Japan." Yuanjing obviously has knowledgeable people. The five major trading companies in Japan are very bullish.

"Fujitsu, the former major shareholder of Spansion Semiconductor, is a member of the Daiichi Bank consortium, and Itochu Trading Co., Ltd. is also a member of this consortium..."

Qu Li read the information. This ITOCHU Corporation was the first comprehensive trading company recognized as a friendly trading company. Later, a quarter of the company's employees were required to understand Chinese. However, with the economic stagnation of Japan, it was in trouble a few years ago. , after adjustments over the years, the operating conditions are still tepid.

"We can't buy many shares with this money, can we?"

"More than 3.5%, if you invest in Itochu, you may not make money, and the company is too small, such an investment will be meaningless."

"If Jumei's annual sales are 1 trillion in ten years, will it import 10 billion from Japan?"

"That will definitely make a profit without losing money. It will deepen the trust between the two parties, and it will also give Yuanjing the opportunity to cooperate with the financial institutions in the First Bank Consortium..."

Qu Li asked a lot more, and it was roughly clear that the general trading company is the link of the Dongying consortium, and most of the internal cooperation of the consortium will be through the trading company. It is of course good if we grow together, but if there is a key enterprise development, it will be a trap for everyone. In the 1980s to 1990s and even the beginning of the 21st century, Japan's consumer electronics and home appliance companies, which were extremely powerful, finally disappeared in the market. He does not believe that this is not a malady brought about by the Japan consortium model.

But Qu Li has no foundation in Japan. It would be a good thing if he could develop with the help of Itochu or Daiichi Quanyin, but would it affect Glory? Fujitsu is the number one IT manufacturer in Japan and the fourth largest IT service company in the world. Its server and PC business is also good. What about cloud computing, is it possible to cooperate with Fujitsu?

"Buy it, and invest in ITOCHU..." Qu Li hesitated for a long time. Yuanjing will invest more with other people's money in the future. Even if he loses the 200 million US dollars, it will not affect him much.

Under the influence of the subprime mortgage crisis, Itochu's stock price fell, and Envision finally acquired nearly 4% of the company's shares, and then they came to their door.