My Age of Investment
Chapter 710: Damo into the urn
Chapter 710
After listening to Xia Jingxing’s detailed introduction and answering questions, Gates has thoroughly understood that the so-called opportunity to make money is actually a financial speculation, betting that house prices plummet.
Although he has money, he is not a messy person. This investment is a high-risk investment, so you have to understand it more clearly.
So Gates asked: "Dylan, are you sure about this? Is there any data to support it?"
Xia Jingxing gave a mysterious smile. He has some fart data, but some time ago, someone asked someone to sort out some public data.
However, these public data alone are shocking enough, not to mention the more private data.
"In 2000, the U.S. technology bubble burst. Coupled with the September 11 incident in 2001, the U.S. economy was under great pressure and experienced quarterly negative growth.
In order to stimulate the economy, President Bush Jr. lowered interest rates 13 times in a row, from 6.5% to 1%, which is quite good for housing prices. "
"Before 1995, the home ownership rate in the United States remained stable at around 64%, and then rose rapidly, reaching a record high of 69% in 2004."
“Loans from low- and middle-income and poor families (subprime loans) accounted for 76% of the two-bedroom loans (Fannie and Freddie)."
……
Xia Jingxing talked freely in front of Gates, and all kinds of data came directly at his fingertips, which seemed very confident.
Gates nodded while listening. He knew that Darren was not a reckless person, and he had always made plans before moving.
Now hearing this string of data, he can confirm that Darren must have formed a team to investigate the US housing market in private.
It must be so!
"Well, Darren, you don't need to introduce it anymore, I will talk to Larson when I go back."
Gates looked at Xia Jingxing and smiled, “At that time Larson will communicate with you in detail. If you can convince him, I will strongly support your action.”
Xia Jingxing nodded slightly. He knew that Gates was a financial layman. In the field of financial investment, he valued the opinions of the financial steward Larson very much.
As long as he can balance Larson, then Gates' investment will basically be impossible.
The reason why he pulled Gates beggarly was mainly to facilitate the subsequent settlement of earnings.
If there is too much noise, people like Gates who have benefited from it will come out to wipe their butts.
Yanks are not so easy to make money, especially this speculative way of making money, which is quite hateful.
Because every copper plate earned from the market is stained with the blood of other financial institutions.
Sent away Gates, Xia Jingxing and Yang Niu took the car home together.
As soon as she entered the house, the babes threw off the two high heels from her feet, and she lay down on the sofa without any image.
"Oh, I'm exhausted! It's over at last."
Xia Jingxing smiled and approached the sofa, sat down and glanced at the foreign girl, "You have nothing to do, you are tired?"
"You left without staying for a while. I don't know what happened next." The foreign girl turned over and looked at the ceiling and said.
"What happened?"
Xia Jingxing was puzzled, because the foreigner was sleeping in the car just now, they did not speak.
"The people from the server provider have also attended the cocktail party, and they kept cheating on me like an annoying fly."
Xia Jingxing reacted immediately. Some time ago, because Yang Niu and Luo Li disclosed that the company was in financial trouble, a bunch of partners were planning to abandon their two companies, including server vendors.
Now that YouTube has received new financing, Facebook and YouTube have reached copyright cooperation with the five Hollywood giants, and the crisis faced by the two platforms has been lifted at once.
Xia Jingxing smiled. The skill of the gang who has been in a hurry to make the rudder is superb, and asked: "Then you promised them?"
The foreign girl shook her head and said angrily: "How is it possible? I have always kept this account in mind."
Xia Jingxing smiled and said, “Isn’t this something to be happy about? It’s not too late for a gentleman to take revenge, let alone you’re less than ten years old, more than ten days at most.”
"I don't feel the refreshment of revenge in my heart, I just feel tired!"
The foreign girl sighed with emotion, "Where is the most basic trust between people in this world? I have been cooperating for so many years.
There are also those investment institutions that have been hanging us. They were not invited at the reception, but they all sent out lobbyists and wanted to restart the C round of financing negotiations with us. "
Xia Jingxing waved his hand, “I don’t need to talk about this, I almost forgot to tell you, just as we guessed, Bellan Kefan also has ideas about Facebook...”
Xia Jingxing told the foreign girl exactly the process and results of the negotiation between him and Beran Kefan.
After listening, the foreign girl reacted calmly and said indifferently: "Oh, that's it! No problem, you just have to negotiate."
Xia Jingxing smiled, "You are also the boss, so discuss it with you."
The foreign girl squinted her head, showing a moving curve like a lazy mermaid, her voice lazily, "I said nothing, everything is up to you.
It’s good to go to Goldman Sachs, just to get angry with those gangsters and tell them to play tricks, right? "
Xia Jingxing doesn’t know whether those investment institutions that have been in contact with Facebook but quit or squeeze halfway through the process will regret it, probably.
"Oh, I almost forgot to contact Motorsports."
Xia Jingxing was afraid that things would be delayed, so he immediately called Richard, the managing director of Morgan Stanley.
Actually, he didn't talk to the CEO of Morgan Stanley on the phone at all. The person who had been sent by Morgan Stanley to do business with them has always been the little leader, Richard.
However, this does not affect him from boasting in front of Berenkovan.
Because he is very sure that his old opponents have all shot, Da Mo will not remain indifferent.
After the call was connected, Xia Jingxing revealed all the actions of Goldman Sachs to Richard in a few words.
"Daren, are you kidding? Goldman Sachs really wants to invest $500 million in Facebook?"
Xia Jingxing’s mobile phone was turned on and hands-free, and the babes heard Richard’s voice and looked at her boyfriend with interest, wanting to see how he fudged.
"Hey, I lied to you and didn't have sugar to eat, Richard, I told you this news because of our past friendship.
If Morgan Stanley also intends to invest in Facebook, then I will reserve a seat for you. "
Xia Jingxing acted very pretentiously, a tone that I gave you a chance.
In fact, it is true that Facebook chooses investment institutions, not investment institutions.
"Okay, Darren, thank you very much..."
In a word of thanks, Richard hung up the phone and quickly contacted the company's senior management.
In less than an hour, Da Mo’s CEO Mai Jinheng called Xia Jingxing.
"I'm very sorry, Darren, it took so long to contact you."
It is rumored that Mai Jinheng is a tyrant, but Xia Jingxing feels that he is quite gentle and his posture is very low.
After a few words of greeting, Mai Jinheng went directly to the topic and talked about investment with Xia Jingxing.
Xia Jingxing did not make any concealment, and told the old man all of Goldman Sachs’ investment plan and conditions.
Because he is pretty sure that the old man will definitely contact his old rival Goldman Sachs when he turns his head. The two companies will also cooperate in the competition.
"Okay, Dai Lun, I know the conditions. I very much welcome Envision Capital to cooperate with us.
In addition, tomorrow we will send someone to Facebook to finalize the details of the investment plan together. "
Mak Jinheng behaved very decisively, and he was also vigorous and resolute in doing things.
Xia Jingxing was very satisfied with this, and said with a smile, "Okay, then we will see you tomorrow."
(End of this chapter)
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