My Age of Investment

  Chapter 707 Advanced Financial Profit-seeking Missile

   "Man, are you kidding me?"

  Xia Jingxing smiled, looking at Bellan Kefan with a grandiose expression.

  Berlankvan’s expression remained unchanged, and he touched the back of the chair behind him, touching the top of his bright head naturally, and slowly said: “Facebook is a good company, there is no doubt about it.

  And we, Goldman Sachs, must be a good partner.

  The cooperation between the two parties can create greater economic value. This is a good thing for both of us, and it is a win-win situation in the true sense. "

  Xia Jingxing understood the subtext of Bellan Kefan, the premise of cooperation is to release sufficient benefits to Goldman Sachs.

   However, Wall Street is not the only investment bank Goldman Sachs, the boss Goldman Sachs does not invest, isn't there a second big motorcycle as a substitute?

   Facebook’s current financing environment is entirely a seller’s market, and there is no shortage of sought after buyers.

  So Xia Jingxing answered quite stiffly.

   "Facebook is not short of investors. Our criterion for selecting investors is to measure whether investors can bring enough additional value to Facebook."

  Belankfan chuckles. He has been with Goldman Sachs for so many years, they have basically chosen partners, and they rarely encounter partners picking and choosing them.

  But it is not without exception. As long as the benefits are attractive enough, the partner is God.

   Facebook, in his view, is a high-quality potential stock that cannot be missed, and it is worth making an exception.

   "Darren, do you think Goldman Sachs can't bring enough extra value to Facebook?"

  Xia Jingxing shrugged, “I only see enough money, 2 billion US dollars, which is enough for us to buy some bank wealth management products.”

   "Hehe~, Darren, you are so humorous."

  Belankfan understands, the young man in front of him is too much money.

  Not all entrepreneurs hope that the more money they can raise, the better. The more money they receive, the greater the responsibility and pressure they will bear.

  Xia Jingxing is not afraid of responsibility and pressure. He is afraid that too much financing will not be spent, not to mention the value of financing, and it is not worthwhile to dilute the shares.

  The development of Facebook today is not far from complete entrepreneurship, and the value of the equity in the hand is becoming more and more precious.

  The financing path he originally designed for Facebook is to run in small steps, with a smaller amount of financing in each round and a faster pace.

  This is a plan that takes the tubing into consideration.

  Now that the oil pipeline has been split off for independent financing and development, the plan must be changed.

  After getting rid of the heavy burden of oil pipes, the finance department has made calculations, and within one to two years, Facebook will be able to reach a breakeven.

  Counting time, Facebook was founded four years ago, and it will take another year or two to make a profit, which is considered late.

After a moment of indulgence, Berenkovan said, "Darren, how about this? Our initial investment of 500 million US dollars, but you give us a preferred stock option, which will be entitled to a valuation of 24 billion US dollars for a period of time in the future. Fundamentally, prioritize investing in Facebook."

  Xia Jingxing was slightly surprised, and soon guessed the true intentions of Bellan Kefan.

   "Lourder, do you want to sell to Goldman Sachs' high-net-worth clients the opportunity to buy shares in Facebook?"

  Belankfan felt that he underestimated the young man in front of him, and guessed his thoughts so quickly.

   "Yes, Darren, I do not hide it from you, I plan to use the company's own funds of 500 million US dollars to invest in Facebook.

  Another special investment fund with a scale of US$1.5 billion must be established with high-net-worth brokerage clients with an account in Gaosheng and more than US$10 million in order to participate in the subscription.

  This special investment fund arranges for half a year or one year before the official IPO of Facebook, to make a surprise investment in Facebook, and lock it for two years at the same time.

  This is also beneficial to Facebook’s listing. Goldman Sachs’ high-net-worth clients are elites in the United States and around the world. They control the right to speak and will wave the banner for Facebook’s listing..."

  How can Xia Jingxing be fooled by Bellan Kefan’s words.

  Goldman Sachs’ own funds can be borrowed from the Fed at almost zero cost, and everything invested is very profitable.

  Special investment funds, that’s even more amazing.

  Xia Jingxing does not believe that Goldman Sachs will directly come to a wave of "repaying major customers", and will definitely combine the "Facebook share purchase share" with other financial products promoted by Goldman Sachs.

  For example, buying 1 million US dollars in junk bonds, providing customers with 1 million US dollars of Facebook equity subscription shares.

  Junk bonds have made a lot of blood, and the US$1.5 billion special investment fund invested in Facebook requires management fees, subscription fees, and profit sharing.

  True to eat more with one fish!

  Here, it's not over yet.

  Customers think they have found a bargain, but they do not know that it is possible to become a Goldman Sachs picker.

  Don’t forget, Goldman Sachs has invested 500 million US dollars in its own funds. If the follow-up development of Facebook is not satisfactory, Goldman Sachs can also transfer its shares in Facebook to a special investment fund through the primary market.

  Assuming that Facebook’s situation is developing ideally and it is listed normally, the special investment fund has a two-year lock-up period, and Goldman Sachs can also cash out in the first place. It is their **** that the stock price has fallen.

  Here you can see the cunningness of Goldman Sachs. On the surface, it has invested 500 million US dollars in Facebook. It is so proud, but it has laid a safety mat in secret.

  If customers lose money, they can't blame them. If they make money, they must remember that Goldman Sachs is good and share money with Goldman Sachs.

  Xia Jingxing just wanted to applaud Bellan Kefan at this moment, wonderful, really wonderful! It is truly worthy of the name of "advanced financial profit-seeking missile".

   "According to SEC regulations, companies with 500 shareholders or more must disclose information on their financial status to the public in order to protect the interests of investors."

As soon as Xia Jingxing finished speaking, Belankfan waved his hand indifferently, "Dalun, you are too careful. No matter how many LPs the special investment fund has, when calculating the number of Facebook shareholders, it only counts. A shareholder."

  Xia Jingxing nodded, "I know this, but if you make too much noise, the SEC will definitely look into it."

   "Dalun, don't worry, if the SEC comes to hold you accountable, we, Goldman Sachs, will bear it."

For fear that Xia Jingxing would not believe it, Bellan Kefan looked at Gates who was smiling and silent, "Mr. Gates, please be a testimony. I can use my personal credibility as a guarantee. If something goes wrong, Goldman Sachs will be responsible for it. , We do what we say."

   Gates smiled and did not speak. Like Xia Jingxing, he has a deep insight into the fancy methods of this group of investment banks, and can do whatever it takes to pursue benefits.

   Collusion with Party A, cheating customers, deceiving the supervisory unit...too sparse and commonplace.

  So this is also the reason why he set up Waterfall Investment to manage family assets. It is really untrustworthy to outsiders.

   "Darren, Goldman Sachs is very honest with true friends, so I didn't hide anything from you. I hope everyone can build enough trust."

  Belankfan looked at Xia Jingxing with a smile, and he looked very open.

  However, Xia Jingxing couldn't even believe a punctuation mark. The reason why the other party told him so much was because he couldn't hide many things. On the contrary, it would be better to be honest.

   "Okay, Lauder, since you are so sincere, then I will agree to your plan."

  Xia Jingxing looked at Bellan Kefan with a smile, and said: "In addition, I have a single business, and I am ready to cooperate with Goldman Sachs."

  When Xia Jingxing agreed to his proposal, Bellan Kefan was very happy, waved a big hand, and asked: "Dalun, what kind of cooperation do you want to develop?"

  "Vision Capital, you know, right?"

  Berlankfan shrugged, "Of course I know! This is an alternative asset management company that you established. In other words, the yield of your hedge fund is a bit scary. Even I want to purchase some fund shares."

  Xia Jingxing smiled, "Okay, there will be a chance to subscribe later. I want to cooperate with Goldman Sachs as a hedge fund, and Vision Capital intends to entrust Goldman Sachs to help us design and sell a product."

"What product?"

  "Secured creditor's rights certificate."

  Belankfan frowned, a little puzzled, and then his face returned to normal.

  "Okay, a vice president of our department has been studying products in this area recently. Maybe you can sit down and talk together."

  Xia Jingxing nodded, given that Gates was present, he did not talk in detail.

  Belankfan is also a smart person, so he didn’t ask much, and he moved the topic back to Facebook naturally.

  (End of this chapter)