Volume 3: Taking Roots 2016 Chapter 659: Too Many Wolves, Little Meat
Tenda’s strategic investment department has a long history and has now become one of Tenda’s core businesses and departments.
After all, as one of the two carriages of China's Internet era, Tengda's history of development can almost be said to run through the entire history of China's Internet. Its own brilliance and height are enough to become the cornerstone of the history of China's Internet development.
Although the development of China's Internet is only 20 years old, this short period of 20 years is itself a magnificent epic story. From the perspective of ordinary fantasy novels, 20 years is enough for the protagonist to live through several lifetimes and conquer countless eras.
From this perspective, in China's ancient Internet era, the four major portals stood at the top of the era and were the undisputed strongest in the world.
Among them was Sina.com, which went overseas and launched the first IPO on behalf of China's Internet. It started the embryo of China's Internet and opened up a gateway avenue like a pioneer in the darkness.
Later, the two powerful companies, Zhuchang and Sohu, followed closely and also achieved the highest achievements in this area. The three major portals almost monopolized the ancient Internet era in China.
However, a great collapse that broke out from the source of the Internet swept in, shaking the stable rule of the three major portals. The former glory was like a bubble and returned to darkness, which was known in history as the "Internet bubble."
It was also in the darkness that the embryo of the fourth largest portal began to grow wildly. It realized the truth of one trick to rule them all, and achieved the glorious status of the fourth largest portal by proving its truth through social interaction.
As history has said, no royal power can be eternal, and the same goes for the four emperors who rule the four major portals. In the ever-changing Internet stage with changing times, only Emperor Ma always stands firm.
He even lived out his second life, among which Tenda's strategic investment department was undoubtedly the department that played the greatest role. The phenomenal game "League of Legends", which was enough to continue the glory of the dynasty, was the best proof.
Not to mention, in the context of the rise of many Internet giants, its active background is indispensable, and it has indirectly created the birth of a large number of strong companies, such as the well-known Dianping, Xunlei, Ganji.com, etc., which are almost all engraved with the Tengda brand.
As the Tengda Group took root and sprouted, it continued its great reputation in the Internet field in the capital market and was reborn in the capital market, living a second life.
It is with the help of the inexhaustible vitality of the capital market that Tengda has been rejuvenated, and the value of the three words "Tengda Group" has become known to everyone.
Just the three words "Tengda Group" are enough to double the valuations of many companies and increase their worth. The value of the Tengda Group is like another Chinese "Buffett" and a barometer of the capital market.
After all, the capital market is the one that knows how to adapt to changing circumstances.
What is poison to you may be honey to me. Tengda may be an invincible evil dragon in the eyes of some people, but to some investors, it is no less than an angel bringing good news.
As long as Tengda can appreciate it, the company's development and market value will rise rapidly.
But at what cost? Gul'dan (funny).
Ahem, but Zhou Dongsheng is obviously not included among these people, although to some extent, everyone is still a fellow villager.
However, when the gap in status is too great , the friendship between fellow villagers is obviously not presentable. The experience of standing like a lackey at the dinner party in Wuzhen is enough to prove this...
Just because Zhou Dongsheng didn't come to him doesn't mean that others wouldn't come to him, as he is guilty of possessing a treasure, because all the projects he has are so popular.
Perhaps in order to demonstrate his sincerity, when winning the B round of financing for Pinxixi, Li Chaohui, head of Tenda's strategic department, also took action personally and completed this round of financing worth over 150 million US dollars with Huang Zheng.
Of course, there were also representatives from two other major capital institutions, and the two sides completed this powerful alliance while chatting and laughing.
When the dust settled, it was natural to have a sumptuous meal. Li Chaohui, who was ready to strike while the iron was hot, took this opportunity to speak.
"I heard that Mr. Zhou Dongsheng of Dongsheng Investment has a good relationship with Mr. Huang. I have admired this young talent for a long time. I have an unwelcome request. I would like Mr. Huang to introduce me to him..."
Li Chaohui said this very politely. It would be difficult for Huang Zheng, who had just gotten married, to refuse. What's more, it was just an introduction. It was never a bad thing for them to know one more person.
What's more, the other party is Li Chaohui, the person in charge of Tengda Strategic Investment...
After hearing what Li Chaohui said, the representatives of the other two capital institutions exchanged glances and understood what he meant. They couldn't help but echoed in unison: "That's right, why don't we just invite Mr. Zhou to have a simple meal together? We also want to get to know him..."
Perhaps it was at this time that Huang Zheng suddenly realized that Zhou Dongsheng's efforts over the past year and a half had indeed caused quite a bit of trouble.
But Huang Zheng didn't find it strange at all. Instead, he felt it was natural. After all, gold will always shine.
Just from that long conversation back then, Huang Zheng had already concluded that this boy must be extraordinary, and now it seems to be true.
"Since you all said so, and Dongsheng is also in the Magic City, I will reluctantly invite him. As for whether he will come or not, I can't guarantee it..."
Afterwards, a phone call was made to Zhou Dongsheng, and the whole story was explained. This time Zhou Dongsheng did not refuse, but agreed readily.
After all, Tenda is a huge mountain that cannot be avoided not only in the Internet industry, but also in the capital market.
I didn't want to deal with them before because my strength was limited and I wasn't sure I could get anything good from them. If I wasn't careful, I might even be eaten by them.
The truth that big fish eat small fish and small fish eat shrimps is not only applicable to the capital market where the strong prey on the weak.
But now, Zhou Dongsheng has become more mature, and he is not fighting alone. Even a giant like Tengda has to weigh the pros and cons and play by the rules when it comes to grabbing this piece of fat meat.
Zhou Dongsheng's mind became more active in this regard. He recognized the value of the three words "Tengda Group" and thought that he might be able to take advantage of it.
After all, there are no eternal enemies, only eternal interests. No one can go against interests, right?
Especially in the next round of capital boom, if you want to push shared bicycles to the forefront of the times, you will always need the help of these old capitals.
Of course, with the popularity of Mobike and Ofo, it was only a matter of time before they were targeted...
However, it is of course different .
Of course, you should not refuse such a favor that is given for free.
After tidying up, Zhou Dongsheng chose to go to the appointment alone. He drove his two-seater "BYD" to the downstairs of a restaurant located in a small Western-style building.
The car was parked by a special person and led by the waiter through the stylish lobby to a special private room. The sound of lively conversation could be heard from inside.
"Knock knock, come in!"
After pushing the door open, four people sat opposite each other. Except for Huang Zheng, who Zhou Dongsheng was familiar with, the other three were all strangers. Huang Zheng stood up with a smile and waved.
"Dongsheng is here, come and sit here with me. Mr. Li, Mr. Chen, and Mr. Wei, I believe you all know each other without my introduction. This is Zhou Dongsheng from Dongsheng Investment, and also an investor in our Xunmeng Technology!"
Huang Zheng introduced them, and the other three also stood up and shook hands with Zhou Dongsheng with a smile on their faces. One of them, a middle-aged man with a goatee and a shrewd look in his eyes, finally said.
"Seeing is believing. Although this is not the first time that Tengda has dealt with Mr. Zhou, this is the first time I have met him. My name is Li Zhaohui!"
"Mr. Li, you are too polite. It is I who have opened my eyes. After all, the strategic investment department of Tengda has always been a mysterious dragon that is hard to find. We can only get a glimpse of it from legends. I didn't expect to see it today..."
Li Zhaohui waved his hand, "I'm just an ordinary person, I don't have three heads and six arms, how can I be different?"
Zhou Dongsheng had no other skills, but he was an expert at carrying people in a fancy sedan chair. He also did not lag behind the other two representatives of veteran capital institutions.
Anyway, it's just a touch of the upper lip and some polite words, and it doesn't require any real money. Zhou Dongsheng is still happy to do this kind of thing.
Except for Zhou Dongsheng, everyone present is a thousand-year-old fox, so they naturally would not take such a trick from a Strange Stories from a Chinese Studio seriously.
Everyone treated each other with respect and sat down with a smile. While the dishes were being served, a few of them started chatting.
"In fact, we at Tengda have been paying attention to Pinxixi for a long time. After all, as you all know, Tengda has always been obsessed with the e-commerce industry..."
"It's just that things are unpredictable, and it's normal to not get what you want. We at Tengda can only settle for the second best, give up the industry's dominance, and turn to industry investment to supplement our strategy..."
"It was during this process that we noticed Mr. Zhou's Dongsheng Investment. As the largest external shareholder of Pinxixi, holding 20% of the shares, this was also our first time dealing with Mr. Zhou..."
Li Chaohui talked freely and casually as if he was talking about an insignificant matter, and then suddenly sighed.
"I really regret now that I didn't take Mr. Zhou seriously at that time. If I had put in a little more effort and succeeded in impressing Mr. Zhou, I'm afraid I could have saved a lot of money on this financing now!"
Li Chaohui made a harmless joke and everyone laughed appreciatively.
"To be honest, when Tengda Investment Department came to my door, my first reaction was that it was a scam call. After confirming it again and again, I was also overwhelmed by excitement. I thought, this is going to make a lot of money, right?"
"So I rejected Tengda outright, thinking that I would ask for a high price no matter what. I didn't expect that Tengda would just leave without even looking back. I was so regretful at that time that I beat my chest and stamped my feet!"
Zhou Dongsheng said this in a very exaggerated manner, then spread his hands and said with a smile: "It's all right now, thank you Mr. Li for not killing me!"
This expressive and moving performance was obviously more effective than Li Chaohui's joke. Everyone present couldn't help but smile knowingly and glanced at Zhou Dongsheng.
"Then, Mr. Zhou, please give us another chance. The price can be negotiated!" Li Chaohui said with a smile and took the opportunity to say.
"That's good. It means we have to compete fairly. Mr. Li, please don't blame us for being rude!" Mr. Chen on the other side continued the conversation.
"That's right. After all, Mr. Zhou is such a potential stock. Who wouldn't be drooling over him?" Mr. Wei echoed.
"Okay, this is a good opportunity for me to seek advice from you seniors. After all, I will have to deal with you all in the future." Zhou Dongsheng agreed immediately.
We can talk, it's okay to talk. Polite words don't cost anything anyway. Only a contract written in black and white counts.
The dishes were being served at this time, and everyone stopped after ordering, and started talking about some unimportant little things while eating.
"The most outstanding performance in the capital market recently is probably shared bicycles. I didn't expect the potential of this business to be so huge..."
After chatting for a while, we finally talked about business.
"When it comes to this business, Mr. Zhou is definitely the one with the most say. After all, whether it is Mobike or Ofo, these two leaders that are now thriving in the capital market, all have Mr. Zhou's contributions behind them!"
After the two of them exchanged words, Li Chaohui put down his chopsticks and said curiously, "Mr. Zhou's investment vision is truly astonishing, and he always hits the mark. Now every project in Dongsheng Investment's hands has unlimited potential!"
Although there are many schools of thought in the capital market and many investors believe in value investing, there is also no shortage of speculators who pursue trend investing.
There are those who cast a wide net to catch more fish, and there are also those who pursue quality rather than quantity. However, no matter which school of thought they follow, they cannot escape the iron rule of the industry that "investment involves risks."
The high returns alone are enough to make capital take risks. If there is a business that is guaranteed to make a profit, wouldn’t capital go completely crazy?
In fact, neither the internationally renowned old capital institutions nor the rising new capital such as Tengda can guarantee a stable profit.
However, the high returns brought by a successful project are often enough to cover the losses of a failed project. As the saying goes, one general's success is based on the sacrifices of hundreds of soldiers. This is generally true.
Today, Zhou Dongsheng maintains a hit rate of "never miss a shot". Although he is still inexperienced, it does not hinder his brilliant record at all. It is hard not to attract attention.
What's more, the projects in Dongsheng Investment's hands are more dazzling than each other. It is difficult to compete with any one of them alone, let alone Dongsheng Investment which has all of them.
Just with a rough calculation, the valuation of Dongsheng Investment is already starting at 1 billion, and the unit is US dollars!
Although Dongsheng Investment is still young in terms of the size of capital institutions, it is not qualified to be compared with these old-fashioned capitals.
However, this does not mean that the operation of creating such a high rate of return in such a short period of time is not impressive, not to mention that it was done by Zhou Dongsheng, a young man in his early twenties.
It is not an exaggeration to describe him as a man of natural talent.
As Zhou Dongsheng, who has full control over Dongsheng Investment, his current net worth is enough to make him one of the richest people in the world!
Even the old capital institutions that have been active in the capital market for many years cannot remain indifferent to such potential stocks. If there is an opportunity to spend a lot of money on them, they will definitely take them without hesitation.
For ordinary projects, the capital market is a Shura field with more monks than meat, but for projects with great potential, the situation is naturally reversed and becomes a situation with more wolves than meat.
