Volume 3: Taking Roots 2016 Chapter 751: Medium Target
Although Zhou Dongsheng felt "unworthy" of Mr. Duan's praise, when he counted his achievements so far, he felt that the praise was not excessive at all.
Not to mention now, even when Zhou Dongsheng first emerged in China, many capital institutions had already come to him and wanted to invest in such a potential stock as Zhou Dongsheng.
After all, the same old saying applies: in the capital market, the amount of capital is always greater than that of projects, and driven by the profit-seeking nature, how can we make the capital in our hands profitable all the time?
This is undoubtedly one of the most worrying issues for most capital institutions. They will be anxious when they have no funds, but they will also be anxious when they have too much funds.
Even for the vast majority of capital institutions, losing money is not scary. What is scary is that a large amount of funds are stuck in their hands and there is no way to form an effective turnover cycle, just like a stagnant pool of water.
After all, the profits and losses on the books are often only temporary. The capital market has ups and downs, and there are gains only if there are losses. Since everyone is in the market to carry the sedan chair, they naturally have to take turns to contribute.
If everyone just wants to make a profit without any loss and is unwilling to put in any effort, then over time, the stagnant market will naturally enter a vicious cycle.
Therefore, when Zhou Dongsheng demonstrated his keen eye for investment, he was always able to grasp the pulse of the market and accurately capture those projects that could generate profits.
For capital institutions that have too much idle funds but lack good projects, isn’t Zhou Dongsheng the GP (fund manager) they have always dreamed of?
To some extent, perhaps being an LP (investor) is the most appropriate symbol of the identity of a "hands-off boss."
After all, apart from paying the money, all you have to do is sit in the VIP seat and watch the GP show you how he operates.
In this way, every friend who buys funds has experienced the joy of being a "hands-off boss".
Of course, the feeling of "love is a light that is so green that it makes you panic" is naturally unpleasant (funny).
Zhou Dongsheng didn't have enough confidence in himself before, so he naturally didn't dare to do such a thing. After all, making money with other people's money seemed very cool...
However, the responsibility that needs to be borne is often not "limited liability" but "unlimited liability", which includes debts and so on.
There is no doubt that this is also a disguised form of leverage, but when the scale of funds reaches a certain level, it is necessary to go through corresponding formal channels to ensure the interests of both parties.
Today, after such a long period of development, the capital market has already fully identified and filled in various loopholes.
The battle between the wise and the unrighteous has happened countless times in this elite industry.
For Zhou Dongsheng today, it would not be a big deal to make an attempt on a small scale as long as he is certain of his success.
Even if you fail, the cost is within your tolerance.
"I just want to try more things while I'm still young. After all, I have enough risk tolerance now. Although I also want to follow your example and retire early..."
"But, so far, I haven't met a beautiful woman who is worthy of my retreat to the mountains. Mr. Duan is definitely the envy of others in this regard~"
Zhou Dongsheng made a joke with a smile, but his words actually praised both of them.
According to rumors, Duan Yongping, who was just over 40 years old at the time and whose business was booming at BBK, chose to step down...
It was because he chose the latter between the country and the beauty that he chose to settle on the other side of the ocean with Liu Xin, and completed the transformation from entrepreneur to investor...
Being able to choose to retreat at the height of a crisis, to protect oneself while being able to draw inferences from other situations and create a new career.
I have to say, it really deserves the word "legend".
Liu Xin smiled, rolled his eyes at Duan Yongping, and said unhappily, "Don't listen to rumors outside, Dongsheng. All the good reputation goes to Old Duan, while I am the one who gets the bad reputation."
"What's this about a hero being tempted by beauty, a hero's grave in a land of gentleness, humph!"
Duan Yongping chuckled, showing a rare difference in his expression, "How could that be possible? People outside know nothing. If it weren't for you, my good wife, I wouldn't have been able to succeed in my career..."
Although they are an old couple, Zhou Dongsheng still feels like he is being fed dog food for no reason from the way they exchange glances.
I have to say that it is indeed commendable that he could reach the level of Mr. Duan and still make the choice of "choose one person to spend the rest of your life with, and meet one person to grow old with".
Anyway, Zhou Dongsheng asked himself, it is obvious that he cannot reach this level at the moment.
After coaxing his wife, Mr. Duan turned around and said with approval: "Youth is full of energy. With your ability, there must be many people willing to support you."
"How big a fund do you want to try to start? I happen to have some idle funds on hand. I wonder if you dare to take it?"
Zhou Dongsheng retreated tactically and said calmly: "As long as Mr. Duan dares to give, I dare to accept it. I don't mind how much money it is."
Having said that, Zhou Dongsheng exudes two words: confidence.
It's just a matter of sticking these two words on your forehead.
"Okay, it's not a huge amount of money. I estimate it's about 1 billion US dollars." Duan Yongping said calmly.
It's just like Lao Wang's "small goal" that he talks and laughs about. As expected, for the big guys, pretending to be cool is like the wind, and it always accompanies me...
Just like eating and drinking, it’s easy to do.
Zhou Dongsheng couldn't help but stand in awe. It turned out that he still had room for improvement and needed to read and learn more.
"It's only 1 billion US dollars, which is indeed not much. Since Mr. Duan is so sincere, I will accept it with reluctance."
Zhou Dongsheng smacked his lips and said without any politeness.
However, considering his apparent “tens of billions worth”, this 1 billion US dollars is already the majority of his wealth, and is not a small sum.
It's barely a moderate number.
Of course, what is on the surface is always just on the surface. Neither Mr. Duan nor Zhou Dongsheng believes that the value of Dongsheng Group will stagnate so easily.
Hundreds of billions can only be regarded as the starting line to another height!
It is precisely because of this that Mr. Duan has the confidence to make the bet, just as he was optimistic about Huang Zheng in the past and even brought him to the dinner table to have a face-to-face meeting with Buffett.
Later, when Pinxixi was born, Mr. Duan also increased his holdings in Huang Zheng, a potential stock. The reason why Pinxixi was able to form a perfect capital team...
Mr. Duan undoubtedly played a very crucial role, which is why the outside world regards Huang Zheng as the fourth disciple of Mr. Duan.
As for the other three disciples, the first two founded two of the top mobile phone brands in China, vivo and oppo, and the third inherited Duan's legacy and guarded the BBK business.
Being able to achieve such remarkable achievements in multiple dimensions of life, it is no wonder that some people call him the "Legendary Godfather".
"You kid, you're so arrogant even though you haven't even gotten the money yet?" Duan Yongping scolded with a smile, but he didn't think there was anything wrong with Zhou Dongsheng's behavior.
If a capable person is arrogant, it can be considered as arrogance at most, but if an incompetent person is arrogant, it is pure bragging.
"Hehe, a person like Mr. Duan is a man of his word. How could he easily go back on his word?" Zhou Dongsheng said with a grin.
While the two of them were chatting and laughing, the matter was basically a done deal, so naturally, they no longer needed to worry about what happened next.
Since a private equity fund is to be established, the relevant processes and contracts to be signed are naturally indispensable.
Friendship is friendship and business is business. The two can influence each other, but they must never be confused.
The more knowledgeable a person is, the less likely he will be to be confused about this aspect.
After finalizing the investment, the two did not dwell on the matter anymore. Instead, Mr. Duan asked casually.
“Since you have decided to do this, you should have other goals besides the digital currency project, right?”
The former is destined to be a high-risk and high-return project. However, for a normal fund structure, it is impossible to have only one goal.
"Of course. Although I am relatively unfamiliar with the U.S. stock market, I think there is a symbol whose value is still greatly underestimated by the market. It is very likely to become a weathervane leading the trend of the times in the future..."
"We can't say that we are on par with companies like Apple, but at least we are 50-50 in terms of potential..."
Now that things have come to this, Zhou Dongsheng naturally wouldn't mind giving Mr. Duan some reassurance.
Although everything said today will come true when Bitcoin becomes the pig at the forefront of the times, Mr. Duan will naturally understand the value of it by then.
But since they were in high spirits, Zhou Dongsheng didn't mind adding another bombshell. After all, no one could eat such a big piece of cake alone.
Sharing happiness with others is worse than enjoying it alone; capital also needs to work together.
"Oh? Tell me about it." Mr. Duan couldn't deny it, but still asked with interest.
The more he got to know him, the more Duan Yongping felt that this young man could always bring him some different surprises and tricks.
Every time I thought this might be the last thing in the bottom of the box, I didn't expect to turn around and take out something unexpected.
This really doesn't seem like the foundation that a young man in his early twenties should have. Even if he is a self-taught genius, his talent cannot be inexhaustible, right?
"Mr. Duan must be familiar with this company. It is located right here on this three-acre land under your feet. Its name is 'Tesla'..." Zhou Dongsheng pointed at the ground with his index finger and spoke strategically.
"I know this company. Its current market value is close to 40 billion US dollars. It is indeed a company with good prospects. I have also dealt with its boss before. He is a madman with great ambition and vision..."
Mr. Duan didn't seem surprised at all, instead he spoke meaningfully.
"It seems that Mr. Duan has already noticed this company? Then I am sorry to make a fool of myself." Zhou Dongsheng touched his head and said indifferently.
"No, I noticed it, but I'm definitely not as optimistic about him as you say. After all, this is like a double-edged sword. It can be a step to heaven or a step to hell..."
"It's great to be young. Your risk appetite makes me feel that I'm really old." Mr. Duan didn't say anything more, but shook his head and sighed.
"No, no, Mr. Duan, you are still strong and powerful, and you are getting better and better with age. Mr. Buffett is so old and he hasn't retired yet. You are just a nobody..."
Zhou Dongsheng praised it casually, and then changed the subject, "I just think that new energy will be one of the hottest options in the next era."
"And it is very likely to rise to the national level. After all, the existing energy structure has become a fixed pattern, and if we want to compete for the right to speak on energy, we must have a breakthrough..."
"There is no room for two tigers on one mountain, so we can only choose to start a new mountain."
Zhou Dongsheng said this lightly, but these understated words seemed to have a tremendous force, shocking everyone present.
Even Duan Yongping's eyes sparkled, and he looked at Zhou Dongsheng in amazement, "Young people are indeed to be feared! Young people are indeed to be feared, at such a young age, they have already thought of this level..."
"For something like this that hasn't been confirmed yet, do you have any information channels?" Mr. Duan asked in disbelief.
"I started from scratch, my background is spotless, how can I have information channels that are more powerful than Mr. Duan? It's just my personal opinion ."
“Besides, investing is about betting on the future,” Zhou Dongsheng said lightly.
It has not been confirmed yet, but for Zhou Dongsheng, this kind of general direction has already been a foregone conclusion.
With his current influence, being able to influence the ownership of the unrelated "world champion" is already a pleasant surprise.
But to say that you can influence decision-making at the national level...that's too much of an opinion of yourself.
Even if it's the butterfly effect or domino effect, it can't be unreasonable, right? Zhou Dongsheng thought with some uncertainty in his heart.
"Even so, it's already quite impressive. Since you are so optimistic about new energy, why don't you choose to invest in China? There are many people in China who have made plans in this area, right?"
Mr. Duan continued to ask while praising.
"The domestic policy has not yet been officially implemented, and the time is not yet ripe. We can only choose to test the waters in the overseas market first!" Zhou Dongsheng said as a matter of course.
Speaking of China, there is a leading figure whom the "new forces in car manufacturing" cannot avoid who must be mentioned.
That is the suffocating man who suffocates for his dreams.
As the saying goes, being half a step ahead of the times is a genius, but being one step ahead of the times is often a fool.
Simply put, if you take too big a step, you are likely to get hurt.
Judging from the time, the oxygen of the suffocating man should be almost exhausted, right?
When the tree falls, the monkeys scatter. I don't know if there is any chance for me to benefit from this huge mess?
As for options like taking over or paying money to rescue the company, these options obviously would not appear in Zhou Dongsheng's mind.
