Chapter 111 Flash crash
Sequoia China and Today Capital joined forces to make an effort. They thought they could directly invest in a small order before the New Year, but they didn''t expect that the other party would not know the current affairs.
But investment and financing cannot force buying and selling, and there are other changes, so Chen Nanpeng quickly said goodbye and left, and hurriedly dealt with his own affairs.
Xu Xin also didn''t say much, and also handled the company''s last work before the New Year.
However, as the vice president who has been working with for a long time, Liu Jiankai could clearly realize that his boss was in a bad mood, so he was tactful and stopped talking about Bai Xiaosheng.
It was not until I got off work that Liu Jiankai met his boss and mentioned what he considered, “Real gold is not afraid of fire.”
"Mr. Xu, I originally looked for me on Skynet, and the meeting time was set after the New Year, but I thought that tomorrow would be fine, so I simply chatted with them until tomorrow afternoon in advance, which would be considered as exploring the new changes in this industry."
Xu Xin was silent for three seconds, and said "yes", without expressing her opinion.
Liu Jiankai believes that this kind of non-opposition is agreement.
He continued: "It should be difficult to change the acquisition of Skyrim.com, and its set of things are not easy to change, but its core team can come out to incubate new projects by itself, and even try to divert original workplace users."
Bai Xiaosheng has just built a website for a while, and its team actually has little experience, but the core characters are really outstanding.
The group of people on Skynet are experienced veterans. If they can start a new job decisively and imitate Bai Xiaosheng''s already clear mechanism, they may not be unable to make a career.
The mechanism is placed here and the effect has been initially verified.
The team has been deeply engaged in the industry over the years and can also obtain certain customer resources.
Funds…
Liu Jiankai observed the boss'' expression and finally said, "The people from Skynet want to start a business again, so it is easy to get financing. Its founder Lin Tinghan is the vice president from Sina. Chen Zheng is a shareholder of Sina and has a good relationship with Sina CEO. He suffered another setback today. Sequoia paid some money, and Skynet also had some money to sell itself, and he can make efforts in the short term."
"Tianshi, the Internet has developed rapidly in recent years, and the workplace employee group is growing."
"The location is right, Skynet has been working hard in the workplace social circle for a long time, and Bai Xiaosheng has set out a new direction."
"Renhe, Lin Tinghan has startup capital and Sequoia''s connections. If it really develops well, we can also consider investing."
"Mr. Xu, what do you think?"
Xu Xin nodded slightly and shook her head again. She understood the vice president''s meaning, "You can also consider investing" means that you don''t need to invest now. Just chat with the other side and play a role in fanning the flames. If the other party''s effect is not good, it will not cause the loss of capital today.
Liu Jiankai asked, "Mr. Xu thinks I can''t talk to the Skynet people?"
Xu Xin shook her head again: "No."
Liu Jiankai''s identity is endorsement. This time, Sequoia China and Today Capital want to invest in Bai Xiaosheng, and Bai Xiaosheng''s rapid development is also endorsement. It is still very likely that Skynet will face up to changes in the industry.
She looked at the vice president and said thoughtfully: "I just thought, even if you have the right time, place and people you mentioned, can Xintianji.com really beat Yu Xing?"
Liu Jiankai was really surprised now. Is this evaluation too high?
Isn’t he disagreeing with Yu Xing’s excellence, but how outstanding he is?
Xu Xin picked up the pen on the table and drew two eye-catching arrows on the paper, one to the left and the other to the right.
She said seriously: "We will sort out this matter from beginning to end now. Yu Xing came to find today''s capital financing. No, it should be said that Yu Xing came to ask me to raise funds. This action is quite heartbreaking."
"A move that makes me need to consider workplace morality and family relationships at work."
Xu Xin said expressionlessly: "Putting aside this kind of **** scheming, it has indeed taken effect."
Liu Jiankai said in his heart, indeed, as long as he can achieve his goal.
"From the time he came to the office to now, although this round has not been negotiated, both Sequoia and Sequoia recognize his model and direction." Xu Xin said lightly, "When the New Year is over, it will definitely be much easier for him to find funds."
She paused and thought, "I even suspect that he has better funds now."
Liu Jiankai changed his mind and did not rule out this possibility.
"What if you look forward?" Xu Xin continued to draw the arrow on the right on the paper, "Yu Xing went forward, his company was acquired by Zhenai.com. I think about it now, did Yu Xing put his target on my side when he was acquired by Zhenai.com?"
Liu Jiankai hesitated: "This..."
If this is the case, it would be a bit scary.
According to the boss''s traceability and speculation, when did Yu Xing put Li Song and the boss together to consider it?
The two of them are both in the same plate, and they are independent of their work due to their nature.
If Yu Xing had not been in the Internet marriage and love industry, the boss might not have been able to impress him, and then understand and listen carefully.
A Investor like Chen Nanpeng, he also missed JD.com. If it were not the boss, but another person in charge of Today’s Capital, he might not be willing to know more about a company that had just been founded.
Liu Jiankai suddenly remembered the analysis he heard in the morning. If Yu Xing was cut off, his heart would be quite dirty.
"No matter what, Yu Xing is a man with great ideas and abilities." Xu Xin drew two arrows in succession to form a closed loop, "The things you just said are just pieced together."
She shook her head and commented: "The so-called right time, place, and people are not as good as Yi Yu."
Xu Xin put down her pen and laughed: "If the industry experience is so useful, then it is too easy for them to start a business and invest in us, but since you are willing, it''s okay to try it."
Liu Jiankai instantly became his "will", but he thought about it, okay, the time is the common time for everyone, the location is as useful as the boss said, and people... Yu Xing can find other funds.
"Okay, anyway, I just exchange ideas with the industry. If they can do it well, we can have an additional investment goal in the future. If they can''t do it well, then we should pay attention to Bai Xiaosheng..."
Xu Xin gave her attitude: "Then we will line up in Bai Xiaosheng''s B round."
Liu Jiankai nodded, this is Mr. Xu, responsible for the funds and LP.
Getting off work in the evening is actually the end of the last working day of today''s Capital before the year.
Xu Xin put a few pieces of information into her bag and took a bus back home.
As soon as she entered the door, she heard her husband''s concern for her as soon as she took off her coat and saw his flickering eyes.
Xu Xin pretended not to see it, asked her two sons a few words, and then sat on the sofa.
Li Song was busy and handed a peeled apple to his wife, and finally couldn''t help asking: "How are you talking to Bai Xiaosheng?"
Xu Xin gave the answer directly: "I didn''t vote."
Li Song was overjoyed and said with a reserved look on his face: "Well, this, right? I just said that Bai Xiaosheng''s investment needs to be discussed. You can''t just lie to invest just because I made a fuss. There are still people in your company who have the same judgment as me."
Xu Xin said lightly: "Bai Xiaosheng rejected our investment, thinking that the valuation was too low."
Li Song didn''t believe his ears for a moment.
What? What? ?
He asked in disbelief: "Is Bai Xiaosheng rejected?"
Xu Xin''s silence affirmed the answer.
Li Song was both surprised and confused, and even had a hint of anger: "Why should he refuse??"
Xu Xin said: "It is probably because you have confidence in yourself and you also have ways to develop."
Li Song looked at his wife in confusion and had to ask clearly: "How much do you estimate him? How much do you want to vote?"
"2.5 million US dollars, 30%. " Xu Xin replied.
Li Song really looked up at the ceiling!
He looked at it for a full minute, then suddenly sat upright again and said indignantly: "Bai Xiaosheng doesn''t want your investment, I want it!"
Xu Xin frowned and said, "I''m already annoyed about this matter, and I think we''ve already explained it thoroughly." Li Song looked back again, and this time he looked at it for two minutes before he felt bored: "Forget it, if you don''t give it, don''t give it, it''s okay. Bai Xiaosheng didn''t get the money for today''s capital. No matter what, I feel a little more comfortable."
Xu Xin watched the TV for thirty seconds and sighed, thinking that it would be better to explain things at once, and solemnly reiterated: "Today''s capital money comes from partners. We cannot let down the trust that partners invest in money. No matter who invests or when they invest, it is based on the quality of the project, and it will not be a private factor."
After listening to it, Li Song thought for a minute and hesitated, "What do you mean?"
There seems to be some other meaning in this sentence.
Xu Xin said simply: "I plan to wait for Bai Xiaosheng''s B round."
Li Song almost jumped up and questioned, "What do you mean? You have to vote for him? What''s the good thing about him?"
"Just you said, Bai Xiaosheng''s appearance has not been long, and it is okay not to invest now. It just so happens that time and competition are used to verify its value." Xu Xin said calmly, "Whether Bai Xiaosheng''s good or not will be verified by the market."
Li Song was angry: "You..."
Xu Xin looked up at him and said, "I can pass this year, but I can''t. Don''t get in the way of watching TV for my son."
Li Song noticed the worried eyes of his two sons, slowly held his breath and sat down again.
Xu Xin turned her eyes to the TV with satisfaction.
Li Song said in a muffled voice: "Okay, Mr. Xu, you are awesome. If you reject you, you will be mad at me."
"You..." Xu Xin was not feeling unconscious today. He immediately asked, "I''m angry? You asked me to invest, let me invest, what effective transformation has you made the company undergo from the beginning of industry public opinion to the present?"
She criticized: "One hesitated on the left, the other on the right, the other reluctant to leave. Look at how they do it! Look at how they attract investment! Then is it because of you that Shen Nanpeng wants to invest?"
Li Song counterattacked: "No matter how much investment is attracted, did he ask you to invest? You investor every day, you are so powerful, why do you reject you?"
Xu Xin was angry and funny, but when she saw the eyes of her sons again, she instantly controlled her anger and glared at her husband fiercely: "Slice another apple for me!"
Li Song remained as motionless as a mountain.
Xu Xin gritted her teeth and said, "Work-management in Shu Daoshan!"
Seeing that her hometown dialect was soaring, Li Song could only get up slowly and whispered to peel an apple.
The New Year will not happen.
…
"It''s the New Year! As for it!"
The chairman''s office of Finnzhong Media is no longer in a mess like when he first received the SEC news, but Jiang Nanchun is even more angry than before.
He slapped the table and gritted his teeth and said, "The surname Chen is not a good thing!"
Senior Vice President Ma Ruifeng is difficult to disagree, but he did not say it out.
Just in the afternoon, Mr. Chen called and asked Fenzhong to voluntarily terminate the acquisition agreement with Sina.
This is undoubtedly a clear cutting posture.
But Mr. Chen also has interests in Fenzhong...
Ma Ruifeng didn''t know how many phone calls the two had made, but only heard the last fierce quarrel just now. It was really a bad separation when hanging up the phone.
He could only sigh secretly.
When the situation is good, it looks like two brothers, but whenever something happens, they all change.
However, the impact of this SEC investigation...
This is the first time Ma Ruifeng has experienced such a thing, and he is still unable to grasp the degree of impact he has suffered this time.
The most intuitive thing should be the performance of stock prices.
The decline will definitely fall, how much will it fall?
Due to the time difference between the two places, the Nasdaq opened at 9:30 pm in Beijing time, but it also has a pre-market trading mechanism that starts at 4:00 pm.
As of now, Fenzhong''s stock price has indeed fallen before the market trading, but there is still $14.3 now.
Compared with the $15.2 closed yesterday, the decline is indeed 5.9%, but it is acceptable.
How much can this fall after the opening?
The decline has expanded to 15%?
Ma Ruifeng himself has a bottom line, vaguely thinking that 15% should temporarily digest the impact in this area.
After all, the company has issued an announcement, one is to cooperate with the SEC''s investigation, and the other is to refute Shanfeng''s research report and invite well-known international institutions to conduct data verification.
Fenzhong did not sit still and wait for death!
Fenzhong is in action!
At this time, you can''t get apart from Sina. Otherwise, wouldn''t you reduce the confidence of investors yourself?
"Our deal with Sina is about to be cancelled." Jiang Nanchun sat in the chair and said gloomyly after a while, "Sina''s board of directors has clearly jumped out to object, but it will not be announced today."
Ma Ruifeng breathed a sigh of relief: "That''s fine. If you short the mountain, the market will definitely be watching now."
Now it has been clearly defined as a short selling institution.
He said with a little optimistic view: "In one week, third-party institutions can count the number of screens, our stock price will slowly hold on, and the domestic market will still be rising."
Jiang Nanchun said "um" and his eyebrows were still tightened.
He thought of being bitten by a poisonous snake that came out of nowhere, and his plan was all chaotic, but he was still angry.
At 9:25, the landline in the office suddenly rang, which made Jiang Nanchun and Ma Ruifeng shudder.
Ma Ruifeng stepped forward to answer the phone, pressed voice-over, and heard the latest bad news - Guoshanfeng announced the investigation process, and conducted on-site sampling according to the screen layout announced by Finn. By the way, it also took Pengcheng as an example to give a detailed specific number of screens in each location.
Field sampling?
It’s just counting pieces!
What is the stupid way for short-selling institutions to use?
Jiang Nanchun and Ma Ruifeng looked at each other and saw the shock in each other''s eyes. Is that okay? ?
Put down the phone, speechless.
Five minutes pass by in a flash.
Ma Ruifeng stared at the computer screen and swallowed nervously.
The market officially opened at 9:30.
Jiang Nanchun widened her eyes and Ma Ruifeng clenched her fists.
After a while, both of them felt dark and their hearts hurt!
Fenzhong Media, stock price 11.44!
The opening flash crash is 20%!
(This chapter ends)