The rebirth of the wife and children

The reason for the loss in the later period is the same. Regardless of the large scale of Baoshun Logistics, we have seen distribution centers in various regions. The more that can be built, the greater the loss.

While investing in these infrastructures, the company also needs to purchase corresponding transportation vehicles, as well as personnel costs that increase sharply as the scale expands.

Of course, this is part of it, and there are also some other losses,

"Well, Mr. Chang is right. I have never denied that Baoshun Logistics is losing money now, and it will continue to lose money in the next few years."

Xu Fei didn't panic at all, she continued: "But in my opinion, the more losses, the greater the value of Baoshun Logistics."

She firmly believed in this point, and in fact, the investors present also believed in this point. This is already a successful example.

It is JD.com’s warehousing and logistics system. As Xu Fei said, JD Logistics has been losing money in the early stage, even if last year’s financial statements show that it is still at a loss, and the loss is getting bigger and bigger, but this does not hinder The value of JD Logistics itself has been increasing sharply year after year, and until now, it has become a scale of hundreds of billions.

And this value is generally recognized by the market.

But by the same token, JD Logistics has succeeded, but when more logistics companies copied JD Logistics’ development model, they encountered capital chain breaks before they succeeded, and then there were no dead scum left.

There is an exclusive ranking for this situation in the market, called 'survivor bias'.

Does Baoshun Logistics have a future?

Those present asked themselves, it really has a future, backed by Tesco.com and Baofei Convenience Store, at least it has a stable business volume.

But can relying on these two pieces support its 260 billion market valuation?

Many capital parties shook their heads. They recognized the market valuation of 8 billion given in August this year, but it was the accumulation of Baoshun Logistics for nearly three years in the early stage, and it did not happen overnight.

But they felt that the market valuation of 260 billion that Xu Fei just said was a bit of a joke, and they felt that 200 billion was a bit reluctant.

Based on this kind of value psychology, most people didn't say a word, and were going to rely on everyone's strength to force Xu Fei to make changes, but she didn't expect her to come up with a game rule.

After hearing what she said, many people understood, isn't this the 'VAM' agreement?

Xu Fei didn't pay attention to what these people were thinking, and she continued: "Why don't you just take the 260 billion I just said as the goal, if next year today, the value of Baoshun Logistics Warehousing Co., Ltd. is not worth this amount, how much is missing?" , I personally pay out of my own pocket to make up how much.”

"Really?" Chang Shuxin followed up and asked.

Xu Fei nodded indifferently: "Of course, I will do what I say. This article is equally effective for the new capital party and the original shareholders of Baoshun Logistics."

"However, I also have a little request. Baoshun Logistics only plans to introduce two new capital parties in the B round. In order to ensure that Baoshun Logistics can proceed smoothly in the next infrastructure construction and equipment introduction, the financing amount of this round is at least 30 billion yuan. The above and the shortfall will be voluntarily increased by other shareholders, including me." Xu Fei said.

Because she had this idea in mind from the very beginning, trying to keep the current share quota unchanged.

Xu Fei thought that she had reached this point, and the investors on the scene must be rushing to buy shares.

After all, there are only 2 quotas for this round, and there are typically too many monks and too few groceries, so these two only quotas are very precious.

But in fact, this is not the case. Even Hualian Holdings and Everlight Fund, which came in from the capital side of the A round, felt that Xu Fei's offer was too high.

Compared with this price, their psychological price is much lower. They just want to pursue investment and invest more, but they must also ensure that the full profit is not.

Even if there is Xu Fei's so-called 'gambling' agreement, so what, if she comes to a one-off, two-five-six and refuses to accept the account, or accepts the account but has no money, what can you do with her?

Capital never talks about emotions.

Li Hongjiang from Hualian Holdings considered it again and again, and said, "Mr. Xu, 260 billion is a bit high."

Li Zhenhua from Yiguang Fund also nodded: "Mr. Xu, this price is indeed a bit high, why don't we discuss it again."

The next moment, Xu Fei let them see what domineering is: "No need, since you two think the price is a bit high, then I reserve your right to follow up the vote in this round, so who else thinks the price is a bit high?"

"..." Li Hongjiang and Li Zhenhua are two presidents who are cold, we just express our opinions, so you deny our follow-up investment rights?

Mr. Xu, do we want to be so domineering?

But Fan Er, Xu Fei's domineering female president, seemed to have settled down today. She didn't let go at all, and kept looking back and forth in the conference room. Many representatives of the investors didn't dare to look directly at her at this moment, for fear Let her misunderstand that they agreed to this price.

Ding Wendi was dumbfounded at the moment, can he still do this?

This is the first time she has seen Xu Fei's domineering, almost ruthless side, which is completely different from her previous feeling of blissful spring breeze. This huge contrast makes her uncomfortable.

Not only her assistant, but also Wang Qiong, who has known Xu Fei for more than three years, is a little uncomfortable.

She asked a question from an objective point of view: "Mr. Xu, I would like to ask, if the scale of Baoshun Logistics does not reach the target value next year, the difference must be very large, so how can you ensure that you can spend this amount?" money to fill its vacancy?"

Xu Fei was not annoyed, she took a serious look at Wang Qiong, and said bluntly: "Wang is always worried that I won't be able to spend so much money, right?"

"I would like to say that the shares I currently hold in Baoshun Logistics are the property shared by me and Shang Fuhai. I have said about this when Baoshun Logistics A round of financing, so ..."

Before Xu Fei finished speaking, Wang Qiong stopped her and said, "So Mr. Xu means that Boss Shang will give you the final answer. Is that what you mean? I would like to ask, can you make this decision on behalf of Boss Shang?" ?"

This is a fact!

At that time, if we only estimate a market value deviation of a few hundred million, no one will mention the "VAM" agreement again, but if it is raised, it must be at least a deviation of several billion yuan.

With so much money, there are many examples of brothers turning against each other, father and son becoming enemies, and wives separating.

Xu Fei smiled: "Mr. Wang, what are you talking about?"

"Okay, since Mr. Xu said 260 billion, that's 260 billion. Is there anyone willing to contribute with me? I think Baoshun Logistics has no problem." Wang Qiong said bluntly.

As soon as she said this, some people who had been holding back secretly began to worry, how could this work, this time there are only two places, and it seems that there will be one less.

Gong Jiazhao, who missed out on the quota during Baoshun Logistics' A round of financing, was impatient: "Mr. Wang, you are not authentic..."

"What does Mr. Gong mean?" Wang Qiong asked him back.

Gong Jiazhao was conflicted and helpless. Jianhong Trust was rich, but the money was not his. To put it bluntly, he worked for Jianhong Trust, so he was not so free in the use of funds. up.

This trip, he originally thought that he would win a quota no matter what. The future prospects of Baoshun Logistics are promising, and there must be some profits in the medium and long term.

But he didn't expect that Mr. Xu would not play any bidding this time, nor would he play any blind bidding. He would directly offer a price and ask you if you want to play, and you have to accept it.

He was very calm just now, he just wanted to see if there was anyone who had the same thoughts as him, so that everyone could lower the price together.

But who knew that the third class and the second class did not wait for the "work together" teammates, but some people started to "fight among themselves", and Wang Qiong was the first to win a spot.

She accepted the price of 260 billion that Xu Fei said, which made Gong Jiazhao a little embarrassed. The difference between this figure and 300 billion was really not much different.

He was very sad, 300 billion was the ceiling given by Jianhong Trust's 'governor', once it exceeded this price, he didn't have to think about it at all.

What is Wang Qiong trying to do!

Pig mate!

Think so in your heart, but you have to admit that Wang Qiong made a bad start.

The capital parties who came today were originally "absolutely determined to win" the shares of Baoshun Logistics, but Xu Fei artificially set a threshold as soon as she came up, and wiped out more than half of the people at once.

And the remaining less than ten capital parties began to rush away.

This includes Jianhong Trust, Jidong Development, Haina Asia, and Chang Shuxin of Xinyu Investment.

Let’s just talk about Chang Shuxin. He also questioned Baoshun Logistics’ financial book losses just now, and also questioned Xu Fei’s overvaluation, and also questioned whether Baoshun Logistics’ terminal distribution is too detailed, but this is not the case. It does not affect his pursuit of Baoshun Logistics Warehousing Co., Ltd.

He knows very well that this is a company with great development prospects. As long as it survives this period of time, the future can be expected, and the profits at that time will be very objective.

As for the fact that it may not be able to survive, will the investment be lost at that time?

People who invest in this point have a steelyard in their hearts. Since they dare to invest, this kind of profit and loss is within their tolerance.

Wang Qiong looked at all of them with red eyes, who were like wolves, and she couldn't stop scolding each other in her heart.

But in his heart, he was cursing, but on the surface he was still smiling, and he had to maintain a calm expression before continuing to increase the price.

Just look at the current situation, if you don’t buy it, some people want to buy it.

As for the people who were too expensive just now, they can't help but shut up now, the one who is grabbing in front of them is like a lunatic, are they people who think too expensive?

However, after several rounds of fierce competition, only Wang Qiong from Hainer Asia and Chang Shuxin from Xinyu Investment were left. They finally reached an agreement and won the only two places with a valuation of 317 billion yuan. .

Gong Jiazhao, who originally came here with the confidence to win, once again missed out on Baoshunliu because of funding problems.

This annoyed him very much, and he thought to himself that after he went back, he must find a way to set up an investment company in which he could decide on the use of funds, otherwise he would not be able to do this job.

On the other side, Shang Fuhai's car was still parked in the parking space near the Oak Bay community. He had just called Xu Fei for more than ten minutes, and Xu Fei told him what happened at the Baoshun Logistics financing meeting.

After hanging up the phone, Shang Fuhai stared into the distance through the car window with deep eyes, never expecting his wife to play such a trick.

But you have to say, this move is really amazing.

If she hadn't been so meddling, in Shang Fuhai's impression, Baoshun Logistics' round of financing would definitely not be able to pay this price.

"I didn't go to anyone, so I endorsed it?" Shang Fuhai was also very depressed.

He is thinking, if the actual scale of Baoshun Logistics does not reach the 260 billion series by today next year, how should his wife fill the hole in it.

She patronizes the domineering female president, but does she have so much money in her pocket?

"This bitch is playing tricks on me again. Hey, a man can't tell a woman if he has some money!" Shang Fuhai shook his head secretly. Fan.

He wondered, maybe this girl is not trying to overthrow the idea of ​​selling shares of 'Jiday's Toutiao' for profit.

But it was over there, and Shang Fuhai couldn't go there. He went to Bo City Hotel in advance and waited according to what Xu Fei said.

The B-round financing of Baoshun Logistics is considered very successful. The capital parties who came here today, regardless of whether they have already been shortlisted or directly eliminated, seem to have learned the face-changing technique in Sichuan opera, and they all changed their faces tacitly. Smiley, no one mentions the B round of financing anymore.

Next is the time for celebration, and no one would spoil the fun at this time.

What's more, Mr. Xu said just now that Boss Shang will be there today, and that's enough.

……

The B-round financing of Baoshun Logistics was very low-key, even the media people present on the 24th did not release any news.

It's not that they were bought by the people of Baoshun Logistics Warehousing Co., Ltd., but the people who participated in the financing meeting did not tell anything about the financing meeting under Xu Fei's instructions, and the media people did not know about this round of financing. What is the final result of financing.

Some colleagues kept guessing what the final market valuation would be, and then studied how much Baoshun Logistics got, but guessing was just guessing, and in the end, even they themselves didn't believe it.

However, the market expectation given by most people is between 200 billion and 230 billion. This is the result of a horizontal comparison with Santong Yida and the addition of a large part of the premium.

In the following period of time, Xu Fei also appeared to be more low-key. She never disclosed the new round of financing of Baoshun Logistics on any occasion.

This is not a show, it is really stressful. This time, in order to get more money, she came up with such an idea, but in the end the high premium valuation of more than 300 billion still put a lot of pressure on her. She dare not relax for a moment.

It will be very difficult for Baoshun Logistics to achieve this level in one year.

But no matter how difficult it is, we have to find a way to spend the money we have raised, and we have to spend it in half, otherwise we don’t have to wait until the end of next year. Gone.

When she ran out of money, what would she use to expand the scale of Baoshun Logistics.

It's also thanks to the fact that the outside world doesn't know the result of this round of huge financing, otherwise half the sky would be blown up.

At the same time, in the B-round financing of Baoshun Logistics, Xu Fei, as she said at the meeting, chose to continue to follow the investment to ensure her shareholding ratio.

The original shareholders Shang Fuhang, Shang Fugui, and Guan Peng all chose to give up the follow-up investment, and their shareholding ratio dropped again.

When faced with this valuation, Hualian Holdings and Everlight Fund, which entered the A round of financing, would have simply given up even without Xu Fei.

The money in their hands has other uses. For the time being, they can't spend so much money to continue investing in the "bottomless pit" of Baoshun Logistics.

However, in the first round of financing, the rich and powerful CICC chose to continue to follow the investment this time, together with Haina Asia and Xinyu Investment, which just came in with red eyes, constituted a new round of Baoshun Logistics Warehousing Co., Ltd. shareholders.

Among them, Xu Fei, Shang Fuhai and his wife, Wang Qiong from Haina Asia, and Chang Shuxin from Xinyu Investment contributed a total of 43 billion funds, and the remaining less than 5 million funds were contributed by CICC Fund.

Obviously, this part of Xu Fei's capital increase was taken out by Shang Fuhai.

The B-round financing of Baoshun Logistics was successfully completed, which seemed to draw a perfect end to the life of Shang Fuhai's family in 2017.

Time is running forward almost at the speed of a [-]-meter race. Unknowingly, this year has come to an end.

When the whole country celebrates New Year's Day, the new year has come again.

Chapter 1313 She is full and poor

New Year's Day in 18.

In the morning, a black Mercedes-Benz S500 drove into the courtyard of Shangfuhai's lakeside villa from the outside, followed by a white van. This combination seemed a bit uncoordinated.

After parking the car, the old man Shang Yongshang opened the door by himself from the back seat of the Mercedes-Benz and walked out.

When he saw Sun Qingde standing at the entrance of the villa, he waved his hand in greeting: "Little Sun, come here, come and give me a hand, and help me move the pot of meat from the truck."

"Okay, old man, wait a moment." Sun Qingde responded, and hurriedly called Gao Yubao and the others to come and help.

Shang Fuhai is playing with his daughter in the living room of the villa.

With the arrival of the first long holiday of the New Year, the Kindergarten affiliated to Bocheng No. [-] Primary School also had a three-day holiday, which made Yuan Bao so happy that he played until ten o'clock last night before going to bed.

The two of you are playing a jigsaw puzzle game, you and I are trying to make mistakes on the puzzle board, when suddenly you hear voices in the yard, Shang Fuhai's expression changes: "Yuanbao, listen to the voices outside, don't you?" Your grandpa is here."

"It's grandpa, daddy, it's grandpa, I heard that, I'm going to find grandpa." Yuan Bao is now a hot little girl, and she jumped out after speaking.

As soon as he ran past her father, Shang Fuhai stretched out his hand and grabbed her: "Yuanbao wait a moment, put on the down jacket before going out."