Chapter 118 Jiangzhou Capital Conference
Ten billion in three hours. It is impossible for a new fund to reach this number except for those old capitals that preheat in advance.
Even if you spend tens of millions on promotion and put it on the homepages of major distribution platforms, there will be no such effect.
The tens of millions of subscription fees are actually a small part of it. What is really powerful is the management fee, which on average is more than three times the subscription fee.
If you add some early redemption fees...
I'm afraid there is no public fund in the world that charges such high fees.
Li Yuan felt inexplicably enjoying Yu Yue's silent flattery.
People really like to be praised.
Although listening to flattery all day long is not necessarily a good thing, at least Li Yuan is enjoying the process now.
"Manager Yu, please help me verify my account on all major social media platforms."
"Yes, don't worry, boss!"
Yu Yue didn't know where his spirit came from, but he was always so passionate about whatever Li Yuan asked him to do.
Even if it's just a small thing.
Li Yuan hung up the phone and continued to do his own thing.
Managing a fund is different from managing a personal account. He must learn to convey his thinking to the trader so that the trader can understand it.
Otherwise, inconsistent coordination will lead to uncontrollable factors on the market.
Especially at the beginning, he must write in detail enough, simple enough, and coherent enough.
He had been preparing for this day for a long time.
Just at this moment, the sound of a door opening was heard.
Zhou Ranran came back from outside.
Three hours ago, Zhou Ranran said she was going out. Li Yuan wanted to see her off, but was rejected by Zhou Ranran. In addition, he was busy at the time, so he didn't take it seriously.
Now seeing Zhou Ranran bought some fruits, he said: "Sister Ran, just leave the fruit buying to me, you don't have to make a special trip."
Zhou Ranran said nonchalantly: "We can't stay here forever. If we walk a little more, we won't be so tired in the future."
“…”
Li Yuan has really no experience in this area.
Without experience, you have no say.
After a while, Zhou Ranran sat next to him and asked, "When are you going to take the make-up exam?"
"Two days before school starts. There are still about two weeks left."
"Oh, then I'll wait until you finish the exam before leaving."
Li Yuan took out a key from the side and said, "Sister Ran, I rented a new house. Will you come and live there with me tomorrow?"
"And the rat?"
"Let him move in here with his team."
"oh."
Zhou Ranran didn't refuse.
In fact, she also wanted to stay, but she couldn't stay any longer.
She wanted to go home and arrange things before her belly got upset.
I can't go back when I'm unable to move around easily, as many things will be hard to control by then.
For example, it will lower your parents’ tolerance, and even if you want to resist, you will have to compromise due to physical reasons.
This situation is just right now.
"Then I'll go pack my things."
"Yeah, okay."
The subscription of Kingkong Capital is still increasing.
Li Yuan can tell from the number of views of his videos and the number of his fans.
After he announced that he would stop updating his real-life operations, his number of fans not only did not decrease, but increased rapidly.
This is no different from the stock market. The fans who follow are all potential users.
As for Yu Yue, he would report the news to him basically every two hours. After eight o'clock, he would no longer call him but send him a message via WeChat.
At six o'clock in the afternoon, the total subscription amount exceeded 1 billion.
At eight o'clock in the evening, the total subscription amount exceeded 1.3 billion.
At ten o'clock in the evening, the total subscription amount exceeded 1.5 billion.
At twelve o'clock at night...
Two o'clock in the morning...
…
After Li Yuan woke up, he found several messages sent by Yu Yue.
"Manager Yu, you didn't sleep all night?"
At eight o'clock in the morning, the total subscription amount exceeded 2 billion, among which there was a large order of 50 million.
This scale was Li Yuan’s initial goal, and the operation only started on Monday, so there was still more than a day left. Perhaps reaching 2.5 billion would not be a problem.
Yu Yue quickly replied, saying, "Mr. Li, that [Chenggu Yuanhang] couldn't be you, right? I'm his big fan and have been following him from the beginning. I was thinking of getting to know him and inviting him to the company if I had the chance."
Yu Yue probably searched for relevant information online and eventually found Li Yuan's account.
The so-called super fans?
Li Yuan wouldn't believe it.
After all, Yu Yue earns over a million dollars a year, so he doesn't have the time to pay attention to other people's stock trading.
"Well, bring some traffic to the company."
Li Yuan had nothing to hide.
"Mr. Li, your idea is so advanced. Your account alone is enough to compete with the promotion fee spent on any distribution platform. Moreover, you have the resources in your own hands. This is the first time I have seen this since I started working in the industry. I now firmly believe that you can take Sky Capital to the sky."
Yu Yue's words were not bragging. Based on the current subscription quota and the popularity of Li Yuan's account, even spending 1 billion yuan on promotion would not necessarily produce such an effect.
He really admired Li Yuan's way of thinking and realized Li Yuan's true attitude.
Although Li Yuan has been relatively idle during this period and doesn't care much about the company's affairs, the people he recruits are all misfits.
But he has been doing more important things.
Moreover, judging from Li Yuan’s actual trading ability, there is no reason to doubt that he can’t run a fund well.
He didn't sleep all night last night and watched all of Li Yuan's videos.
Although due to the small amount of capital, we cannot see any technique in the operation, but from the analysis before each video, we can clearly feel the deep game thinking, which is an indispensable ability for managing large funds and also the most important ability.
Even if the operation is not effective, with the current scale of more than 2 billion, the company can start smoothly.
If the effect is good, only God knows how much money Li Yuan's account can bring.
There are currently more than three million fans, but the total number of people who have applied for subscription in the background is only more than 20,000, and the number of people is only more than 10,000.
We are still a long way from fully tapping the energy of those fans.
"The company's supervision system must be well established. Everyone is required to arrive at the company before 8 a.m. on Monday. Lateness is not allowed."
"Yes, don't worry, boss."
Yu Yue doesn’t know whether the future is promising or not, but at least it is promising now.
The next day, Li Yuan took Zhou Ranran to a newly rented house.
It was a large flat of 260 square meters with luxurious overall decoration, and he rented it for two years.
The entire community is well managed, at least there will be no unregistered cars entering at will.
There are four rooms in total. Zhou Ranran particularly likes the large terrace in her room, where she can sit and overlook half of Jiangzhou.
If it weren't for Li Yuan, Liu Hao would probably still be doing nothing in his hometown.
I probably had enough of that noodle shop, so I ran away somewhere else, without having the confidence to go home.
Looking at the soft blanket on the terrace, Zhou Ranran probably thought of something.
When Li Yuan hugged her, she said, "Let me tell you something."
"What's up?"
"Don't be nice to me anymore."
"Then... a little more ruthless?"
"Well, take them all back. Take as much as you can. I promise you won't regret it in the future."
"OK!"
Zhou Ranran realized many problems, such as the low-level mistakes Li Yuan had made before, which she felt should not happen to Li Yuan.
Therefore, it must have been premeditated.
…
Kingkong Capital has become popular on the Internet.
As a local public offering in Jiangzhou, it will naturally cause controversy.
As a well-known private equity firm in Jiangzhou, Shen Tianfu naturally also received the news.
When I found out that Li Yuan received over 2 billion subscriptions in one night, the jealousy in my heart almost burned to the sky.
Today, local fund companies in Jiangzhou contacted each other, led by Liu Shangyuan, and had dinner in a hotel.
After Shen Tianfu came, he hardly spoke.
Liu Shangyuan asked, "Is anyone familiar with Li Yuan? This guy appeared so suddenly . How come we have never heard of him before?"
Everyone shook their heads, and Shen Tianfu then said, "He is a freshman at Jiangzhou University."
"What!"
"A freshman is so fierce?"
Shen Tianfu did not intend to hide it, because Li Yuan was a newcomer. After arriving in Jiangzhou, he did not pay his respects, which made it clear that he wanted to eat alone, which would naturally conflict with their interests.
So, today we are here to unite.
Shen Tianfu continued, "He is not just a freshman. Last time when I acquired Tianqi shares, he made a profit of 2.2 billion and took away all the profits. And... according to my investigation, he seems to have made a lot of money from Wuliangye..."
These words were said to Liu Shangyuan.
There are not many secrets among private equity firms. Many people know that Liu Shangyuan is in charge of Wuliangye.
It was also no secret that he had lost a lot of money some time ago.
Until now, we have not been able to completely get out of the predicament. We have to either wait for opportunities or launch another market.
When Liu Shangyuan heard this, his face changed.
It can be said that the battle with Wuliangye directly destroyed his performance this year.
After asking around for a long time, I still couldn't find out who did it.
"Mr. Shen, are you sure?"
Shen Tianfu said: "Almost, but he has someone behind him, Hou Zhenguo..."
Shen Tianfu didn't want to hide this matter because there was no point in hiding it.
So many people have come. Apart from him, some other private equity firms have more or less power behind them and are not really afraid of a retired old man.
Only by laying things out directly can everyone think about the pros and cons and make up their minds on the spot.
Otherwise, everyone has their own ulterior motives, and who knows if anyone will get close to Li Yuan in the future?
Liu Shangyuan murmured to himself: "Hou Zhenguo..."
For capital, they only care about money.
Shen Tianfu's desire for money is no less than his desire for power.
Money can also solve most crises.
"Mr. Shen, what kind of person do you think Li Yuan is?"
Someone continued to ask.
"I tried to approach him once before in a low-profile manner, and he made it very clear that he was an enemy, not a friend. But I have personal reasons here. My daughter has some conflicts with him. If you want to approach him, go ahead and try."
Shen Tianfu still spoke the truth.
Because even so, it is enough to prove a lot of things.
For example, Li Yuan doesn't want to fit in.
This is very dangerous in the industry because no one wants to be friends with such people.
"Boss Shen, how did you get in touch with me?"
"It was just normal contact. I knew about the conflict between my daughter and him, so I wanted to treat him to a meal and apologize to him. If you don't believe me, you can go and find Li Yuan to verify it yourself."
In front of a group of shrewd people, it is not okay to exaggerate. They will not believe it easily and will definitely verify the facts through their own means.
Liu Shangyuan tapped the table lightly with his fingers and waited for a while before speaking: "Have you noticed that the route taken by Qingtian Capital is different from that of normal public offerings? They hardly promote on any distribution platform, and all the traffic comes from the account operated by Li Yuan. This is a brand new marketing method, which has almost no cost and brought him more than 2 billion funds."
This statement is very ambiguous.
Although there are many private equity funds today, private equity and public equity funds are essentially one and the same, and sometimes involve some doomsday exchanges of interests.
If Li Yuan's approach succeeds, it will deprive most public offerings of their sources of funds.
Moreover, major distribution platforms will suffer huge losses in profits as a result.
This subversive traditional model will pose a huge threat to the vested interests in the relevant links of the original model.
It is like when a gasoline car is hit by an electric car, the interests of some core industrial chains of the gasoline car will be damaged.
A large part of brokerage firms' profits comes from distribution and promotion.
Li Yuan can be said to be very stingy, not spending a single cent. How many jobs will be lost as a result!
No one really noticed these things at first, but after Liu Shangyuan pointed them out, everyone was stunned.
There is another meaning behind Liu Shangyuan's words, which is that don't be afraid, Li Yuan is going against the entire industry, and we have many helpers.
For public funds, if Li Yuan succeeds this time, other public funds will have no chance of survival and will have to depend on Li Yuan's mood.
For private equity, if Li Yuan is successful, they will lose their tolerance if he becomes unsociable in the future.
Not to mention Shen Tianfu and Liu Shangyuan, who had already been taken advantage of by Li Yuan and would definitely not be able to swallow this.
There is not much to say about the follow-up. They will never really point out some things. In case someone has a recording device, they will be caught.
No one guides anyone, and no one can make decisions on behalf of anyone else.
Taking all conditions into consideration, everyone will naturally make the choice that is most beneficial to themselves.
Shen Tianfu and Liu Shangyuan have the same demands.
In fact, Shen Tianfu didn’t think Liu Shangyuan was anything special, he just envied his background.
If I had his background, the scale would definitely be more than this.
It’s not that there were people who contacted him and wanted to win him over.
But those people are not very strong and still want him to be a dog.
If it was someone like Jiang Yuanqiao, he would have agreed to it long ago.
Small shrimps are of no use at all.
After the dinner was over, Shen Tianfu and Liu Shangyuan deliberately slowed down a bit.
The two smiled at each other as they got into the car at the door.
Today, the two of them worked together to define Li Yuan's character.
No one cares how deep the conflict between Li Yuan and Shen Tianfu is. They only care that since he has lowered his posture and gone over to the place, they have to give him some face no matter what.
This is the golden mean.
It was obvious that Li Yuan was not in the same group with them.
No one cared how much money Li Yuan made from Liu Shangyuan. What they cared about was that Li Yuan wanted to have the most for himself and had many enemies.
At this time, it is natural to protect one's own interests.