Reborn Entrepreneurial Giant.

Chapter 101 Investing in Xiangcai

Qu Li, who has a net worth of 15 billion, and Liang Wengen of Sanyi, who has a net worth of 200 billion, are naturally incomparable, but Qu Li was born as an orphan, started from scratch, and has no original sin. Although his personality is a little proud, he is very talented. He writes novels, lyrics, and films. Movies are good at everything.

So when Qu Li arrived in Xingsha, not only many people from Xiangcai Securities came to see him, but also some leaders from Hunan Province attended the reception ceremony, which really flattered him.

"This time I buy shares, the funds will arrive soon. As for Lehman Brothers, I will not be involved, but I have agreed with them that we have the right of first refusal. If we can use their advanced experience to turn Xiangcai Securities into a profit, , it is naturally good to establish a better organizational structure. If they can't do it, I can find a way to eliminate them." Faced with the inquiry from the Huxiang boss in private, Qu Li answered honestly.

"'Comet' made me 9000 million U.S. dollars. I have no shortage of funds to invest in shares, but I can borrow as much money as I want with low interest rates. This kind of opportunity is difficult to get."

"Invest in Huxiang? I haven't considered it yet. If I hadn't already started a business in Yangcheng, I might choose Beijin, where the talent advantages are more concentrated. I'm too young and don't understand management, so I hope to recruit high-quality talents, even if I have to pay more. , and try to choose employees or co-founders who don’t need to be managed..."

"I've been to Silicon Valley and inspected companies such as Google. Internet companies advocate equality. I support those technology experts and treat them as my grandson. I don't believe it's ineffective."

"When encountering unqualified employees, of course they will be fired as soon as possible. In fact, corruption is a red line in Jumei. No matter how high the position is or how powerful the skills are, as long as they are corrupt, they will definitely be fired and even referred to the judiciary."

He communicated with the big guys in Hunan Province for a long time and showed his ability. His reputation was not in vain, so someone gave him guidance in various aspects.Even if he doesn't understand, he will remember it and try to figure it out carefully. Big people often have hidden meanings in their words, and he is afraid of accidentally stepping into a trap.Don't say that the 15 billion net worth is false, even if it is real, it is worthless in the face of power.It can only be said that under certain conditions, his status as a young orphan is his only "advantage".

The shareholders of Xiangcai Securities knew that this investment was supported by Lehman Brothers, and once again they were full of confidence in the future. They issued new shares worth 5 million soft sister coins, about 15% of the shares, to the fund established by Qu Li in China.

Qu Li's identity and age made it inconvenient to join the board of directors of Xiangcai Securities, so his legal advisor, Yangcheng lawyer Tian Yue, joined Xiangcai Securities on his behalf and fulfilled corresponding obligations, becoming one of the seven board members.

The whole process was as smooth as milk with almost no resistance, which made Qu Li marvel.Only Xinhu Group, which was unexpectedly eliminated, had objections to this, but so what, no one cared about Mr. Jiangxi.

至于5亿软妹币的收购资金哪里来的？黑石基金做担保帮他从汇丰贷款3亿，雷曼借他的3000万美元出资2亿后，还剩400万美元。

The loan of 5 million soft sister coins made Qu Li feel too much pressure. After thinking for a long time, he decided to take a risk and bought an additional 61.5 barrels and 60 lots of international crude oil futures near US$600. If the international crude oil fell by US$6, he might lose all his money. No return, the risk is a little bit greater.

After leaving Huxiang and flying to Beijin, he felt that nothing had changed at all, but also felt that a lot had changed. He didn't know what went wrong.After summing up, I found that the leverage he is using now is very large, and he is indeed a strong gambler.

The news that Xiangcai Securities received financing was soon announced. As for who was behind it, not many people knew. Rumors spread that it was Qu Li, who was ridiculed mercilessly: "Do you think Qu Li is omnipotent?"

The almighty Taobao didn't appear, but the almighty Qu Li did. It's really interesting.

Qu Li returned to Honor at this time. In fact, there was nothing to do without him, whether it was personnel recruitment or technology research and development, there was no need for him. There was a slight internal dispute. Li Yinan wanted to replicate Warwick's management model in Honor, but was boycotted by a collective. Many people ask why?

“Is the OKR model not good enough?”

“Are our employees not good enough?”

"Or are you not confident enough?"

Returning to Honor, Qu Li asked Li Yinan three questions. Is the Warwick model good? After being verified by the company Warwick, of course it is good.But is it suitable for other technology companies?the answer is negative.

Warwick's telecommunications equipment business has staggering profits. Last year's full-year revenue exceeded US$125.6 billion, cash and equivalents exceeded US$17 billion, and net profit was approximately US$7 million.It’s more than the start-up capital of Honor’s 1 million soft sister coins. Most workers will consider their own interests and can accept Warwick’s high-intensity working environment. Other companies don’t give enough money and just want employees to contribute to the company. This is not bullshit. Hooligan?

Honor is a start-up, but the overall quality of the team members is higher than Warwick. In this case, a high-intensity work mode is imposed, the money is not provided enough, and the value of stock options is not widely recognized. At this time, a high-pressure working environment is implemented It's really irrational.

Qu Li and Li Yinan analyzed that Warwick is a special case, and there will never be another high-tech company that can learn from Warwick's management model and still achieve success, because this is contrary to human nature.But this does not mean that Warwick will definitely fail in the future. As long as Warwick's spirit is still there, Warwick will continue to win and remain "far ahead".

"When our first mobile phone is successful, the number of employees increases, and the overall quality decreases, we may have to learn from Warwick. But before that, you can consider the pros and cons of the Warwick model. There is no perfect management model in this world. Find the most suitable my own……"

Li Yinan, who originally thought it would be difficult to talk, quickly accepted Qu Li's opinion without too much entanglement.

Someone who switched jobs with Li Yinan asked him why he didn't persist.

"I'm thinking about Qi Baishi's words: Those who learn from me will live, and those who resemble me will die. If you study Warwick comprehensively, it is impossible to surpass Warwick..." After one failure, Li Yinan was not defeated.

"Can Qu Li really succeed?"

"It might work?"

The valuation of Jumei’s second round of financing is ten times higher than that of the first round. It can be included in domestic venture capital cases. Jumei’s valuation of US$3.9 million has blinded many people.For example, Chen Nian accelerated the establishment of Vancl Eslite.

"What's so good about Jumei? It's obviously an ordinary company, so I can do it if I come in?" Chen Nian said to Lei Jun on the phone.

Lei Jun was a little suspicious of his own vision, but he was busy with Kingsoft's IPO and had no time, so he was not prepared to participate in Fanke's first round of financing.

Lehman Brothers frequently accepted interviews with the media and explained their reasons for investing in Jumei: "Qu Li is a very thoughtful and talented entrepreneur who also has great influence in the United States. Jumei can become an international company." Internet companies.”

"Although it is young, the company's management level is not weak at all compared with most start-ups in Silicon Valley, and it has top partners..."

"Qu Li's personal influence at home and abroad exceeds that of ordinary entrepreneurs. He can save Jumei a lot of publicity and promotion costs, new user registrations and active users..." VC investors such as Shen Nanpeng also praised Qu Li.

"I'm not surprised at all by Jumei's success. Qu Li is the same as me..." Hangzhou Alima was not to be outdone, and came over one after another to take advantage of the popularity.