My Age of Investment

  Chapter 470 Heart is disturbed (seeking monthly ticket)

  Chen Hongren was gone, Xia Jingxing also retracted his gaze, glanced straight at the black, smiled and greeted: "Miss Li, just sit down."

  Li Ying nodded slightly, put down the black tote bag in her hand, touched her long skirt with her hand, and sat down sideways, with her legs close together and leaning to the side, her back was struck straight, and her sitting posture was very dignified.

  "Tea or coffee?"

"Cafe!"

  Li Ying glanced at Xia Jingxing, answered, and quickly retracted her gaze.

  Xia Jingxing greeted him and asked the waiter waiting to make a cup of coffee and put it on the tray.

After putting the coffee on the coffee table in front of Li Ying, the waiter left the room and gently closed the door.

  There was no one else in the room except two people, and it became very quiet.

  Xia Jingxing glanced at Li Ying, who was holding a small cup of coffee, and slowly said, "Miss Li, I wonder if Brother Chen Hong has told you about the Bailu Fund."

   "Yesterday, President Chen first contacted President Wu Ying, and then President Wu Ying approached me again. He briefly talked about the Bailu Fund related matters and understood a part of it, but it was not particularly detailed."

  Xia Jingxing nodded, "Okay, then you can briefly introduce yourself first."

  Li Ying nodded, took the oversized handbag next to him, rustled through it, found a resume, and handed it to Xia Jingxing.

  Xia Jingxing also did not expect that the other party actually brought a resume.

  The few fund managers interviewed in the past few days either sent their resumes in advance or did not bring them at all.

  But it doesn’t matter, a more thorough background check will be arranged before entering the job.

  When Xia Jingxing looked through her resume, Li Ying also introduced herself, her voice was crisp, and her Mandarin was standard.

   "I was born in 1980 in Meizhou, East Guangdong, the world's Hakka capital. I grew up in Pengcheng. When I was 13 years old, I went to the United States with my parents, and then I skipped one level in junior high..."

  In fact, when he first met, Xia Jingxing recognized him. He was the managing director of the former Yunfeng Fund and he was quite famous.

  Yunfeng Fund, named Jack Ma and Yu Feng of Juzhong Media, both of whom are the main contributors. Jiangnan Club and a group of Zhejiang business owners also made small investments.

Jack Ma only pays money, hides behind the scenes, turns Ari’s equity pledge into cash, and then invests in Yunfeng Fund, and becomes a shareholding in leading companies in all walks of life. Family assets become diversified and risk-resistant. Stronger.

  Xia Jingxing and Bill Gates also have the same operation.

  "You got three degrees in three years at MIT?"

  After the other party briefly introduced herself, Xia Jingxing began to ask questions.

Li Ying gently tucked the hair covering her cheeks behind her ears, recalling her years of schooling, her eyes gleaming with a brilliant schoolmaster's light, "Yes, those three years were very hard, but also very fulfilling. This Is there a problem?"

  Xia Jingxing felt the pretense from Xueba, smiled and shook his head, “No problem, I just think it’s not ordinary people who can get three degrees in three years.

  For time management and self-discipline of behavior habits, they have reached an extraordinary...high standard requirement. "

  Li Ying showed a smile, “In fact, it’s not so exaggerated. Every day I get up one hour early and sleep one hour late. This is two hours.

   Another example, when you boys are playing basketball, I go to the library to read.

  Summer school, weekends, and school holidays. Use these time, and then there will be more time.

  At MIT, there is a classic saying that you can only choose two things, study, sleep, and social circle. "

   "Don't you need to rest in between?"

   Li Ying lowered her head and smiled, “I also have rest, but very little, because when you devote yourself to one thing, you will not be so tired or exhausted.”

   "I think McKinsey appreciates your kind of talent!"

   Li Ying was reluctant to say bad things about her old club, and she smiled to help her defend her: "In fact, McKinsey's work intensity is not as exaggerated as I imagined. On the contrary, I find it very interesting, more interesting than reading.

  When a living business case is presented in front of you, it is more colorful than what you learn in books. "

  Xia Jingxing didn’t know whether the other party’s words were true or false, but he could not help but choose to believe it because of his study experience and work history.

  "I think you wrote on your resume that you joined Ikanos as the marketing and marketing director, and at the same time represented the company as the deputy editor-in-chief of IEEE802.3ah.

  Convince the top three telecommunications equipment manufacturers in China to adopt Ikanos’ VDSL broadband products, sign an exclusive cooperation agreement with Taiwan’s top four ODM foundries, and help Ikanos successfully list on the Nasdaq.

  Can you tell me more about this paragraph? "

  Li Ying sorted out the language a bit, and began to tell Xia Jingxing about her role in this work.

  Time passed without knowing it. After Xia Jingxing asked the other party about his work experience, he was generally satisfied.

  "The Bailu Fund is 500 million U.S. dollars, all invested in the Chinese market. If you are at the helm, can you tell me briefly about your arrangements or investment strategies?"

  Xia Jingxing looked at the girl in front of him who was only four years older than herself, always a little worried.

  From the point of view of academic qualifications and resume, I really can’t pick out too much of the problem.

  But after all, too young, experience is a big problem.

  But we have to give young people a chance!

  Furthermore, he is also a young man... well, old boy!

  As soon as it heard that it was a scale of 500 million US dollars, Li Ying's eyes lit up, her waist straightened, and her momentum instantly became sharp.

  She regained the ease she had just talked with, smiled, and asked with a serious face: "Does this fund restrict majority equity investment and leveraged buyouts?"

   "No limit!" Xia Jingxing shook his head.

   "If this is the case, I suggest a leveraged buyout."

  This answer surprised Xia Jingxing. He leaned on the sofa and spread out his hands casually, "What's the reason?"

  "First of all, five hundred million dollars is not too much, and less is not too much.

  Compared with established institutions such as Carlyle and KKR, the US$500 million fund may be just a fraction of their funds. "

   After all, Li Ying also secretly took a look at Xia Jingxing.

  Xia Jingxing was not so stingy, and there was no dissatisfaction on her face, because this was originally a fact.

  "Go on!"

  "Well, 500 million US dollars is not too much in the US market, but it is not too small in the domestic market.

  Investing in Internet and technology start-ups, I guess it should be enough to have the Jingzhe Fund.

  Actually, even C and D rounds of late-stage financing in China are only tens of millions of dollars.

  Of course, Ahri is an exception, and there is only one Ahri in the country.

  500 million US dollars of funds, no more, no less, just suitable for winning one or two domestic companies with good business performance.

  For example, privatization and delisting, using it for transformation, re-enhancing, re-packaging and listing, or splitting and selling, while reaping good returns, it can also build the reputation of Vision Capital.

  Currently, Vision Capital can only be called a large VC, but there is no classic PE investment that can be obtained, especially in M&A investment cases.

  Furthermore, there are one or two mature cases to practice hands. I believe that the PE fund of Envision Capital can also train a capable team.

   Talent accumulation is also an indispensable part of Vision Capital's transition from immaturity to maturity. "

  "Unlike foreign countries, domestic mergers and acquisitions are not easy to do."

  Li Ying shook her head, “Mr. Xia, I don’t agree with your opinion. It is because it is difficult to do it, and we dare not do it, so we have to be the first to do it, so as to obtain the greatest benefits and intangible commercial value.”

  Xia Jingxing pondered for a while, then suddenly laughed, “You only have a few years of business management experience. Once you come up, you dare to pick the highest degree of difficulty to do it?”

  "As long as you find the right target and use the right methods, success is a high probability event."

  Li Ying smiled lightly, "In finance, no one can guarantee 100% success.

  To be China’s Blackstone, one has to take this difficult but courageous first step. "

   "I didn't say I would be the Blackstone of China!"

  Xia Jingxing didn’t know where the other party came from, and he didn’t like to be targeted against whom.

  "A full-chain investment platform, every link is essential."

   Li Ying looked quite conceited, picked up the coffee on the coffee table and stirred it gently with a spoon.

  Looking at the coffee being disturbed, Xia Jingxing's heart was also disturbed.

  (End of this chapter)