Rebirth starts with small money

Chapter 577 Goldman Sachs Liu Zhiping

Chen Li met Liu Zhiping at the hotel where he was staying.

As one of the helmsmen of the former Tengxun Empire, Liu Zhiping has almost a perfect resume.

Liu Zhiping was born in Yanjing, but his family members are actually from Hong Kong.

Liu Zhiping studied very hard. At the age of 25, he already had a bachelor's degree in electrical engineering from the University of Michigan, and then got two master's degrees from Stanford University and Northwestern University.

After graduation~Liu Zhiping joined the famous McKinsey Consulting Company as a consultant, which can be regarded as the beginning of his career in the workplace.

However, McKinsey is only a springboard for Liu Zhiping. After all, this consulting company has thousands of consultants around the world, and Liu Zhiping is naturally unwilling to do only one of these thousands of consultants.

So it didn't take long for Liu Zhiping to work at the famous Goldman Sachs, and not long after joining Goldman Sachs, he came into contact with a project that almost changed his life.

GDH Group Reorganization Project!

Even the well-known Goldman Sachs spent two years operating this restructuring project.

Because this restructuring project involves more than 100 creditor banks and more than 400 companies, it is said that Liu Zhiping worked until two or three in the morning almost every day during his working period.

In the past two years ~ Liu Zhiping hardly had a good rest.Although it was very tiring, after the final completion, Liu Zhiping had a very in-depth understanding of all processes such as the management, operation and execution of the enterprise by virtue of the experience of this restructuring project.

Speaking of it~Liu Zhiping is very lucky. Whether he entered the springboard of McKinsey Consulting Company or Goldman Sachs Group, this is a very rare job opportunity for many people.

Moreover, after entering Goldman Sachs, Liu Zhiping also experienced such a complex and long-lasting restructuring project, which is definitely a rare learning opportunity for Liu Zhiping who has just graduated with a master's degree.

And more importantly, if ordinary people participate in this restructuring project, it is estimated that at most they will add a touch of ink to their resume.

But Liu Zhiping was different. He really learned a lot from this restructuring project.

It was precisely because of what he had learned that later, when Goldman Sachs helped Fujixun to go public, Ma Xiaoteng immediately fell in love with Liu Zhiping, who had real materials.

After Fujixun went public successfully, Ma Xiaoteng directly invited the other party to work in Fujixun.

In fact, for Liu Zhiping, this is also a relatively difficult selection process.

You know, at that time, Liu Zhiping had already taken the position of chief operating officer of the telecommunications, media and technology industry group of Goldman Sachs Asia Investment Banking Department.

This position~ is not at all smaller than the position offered by Xiao Ma.

Even in terms of salary and treatment, the two are not comparable at all.

At that time, Liu Zhiping's annual salary had already exceeded ten million dollars, and even if it was cost-effective, it was more than one million dollars.

At that time, the total market value of Fujixun was only a few hundred million.

So~Liu Zhiping also hesitated at that time, but after hesitating for a while, he still agreed to the invitation of Brother Ma to join Fujixun.

With Liu Zhiping, Tengxun undoubtedly seems to have given wings to a fierce tiger. In fact, the reason why Tengxun became the later commercial overlord is that Liu Zhiping is no less important than Tengxun Xiao Ma.

It's just that as the boss and founder, Xiao Ma is too famous, so Liu Zhiping is relatively low-key.

Of course~ that was Liu Zhiping in his previous life.

In July 2000, Liu Zhiping had just completed the Guangdong Hai restructuring project, and even this project still had some finishing touches that had not yet been completely completed.

At this time, Liu Zhiping was not the chief operating officer of the telecommunications-media and technology industry group of Goldman Sachs Asia Investment Banking Department later, and his position was only a supervisor.

However, his ability to work has already been affirmed by his boss, and his promotion is basically a matter of time.

But at this time, a woman found him, and this woman was naturally Chen Li's confidant elder sister Xu Xing.

Speaking of which, Sister Xu has a very close relationship with Chen Li recently.

She helped Chen Li acquire OICQ before, which was considered a big favor to Chen Li.

After all, Chen Li is not good at negotiating acquisitions with people, and even he has no talents in this area.

You must know that although Tencent sold it to others at a price of 800 million at the beginning, that 800 million was the price that Xiao Ma and others finally got.

That is the so-called after-tax 800 million!
Not only that~ After the other party acquired Fujixun, they invested a sum of money in the company. According to the other party, the investment exceeded 1000 million.

Although the so-called 1000 million investment is a lot of water, the other party has indeed invested a lot of money in it. It is conservatively estimated that there must be 500 million.

In addition, Fujixun has gone through a period of development. Although the last commercial operation was a bad move, the valuation of OICQ at that time must have exceeded the last transaction price of 200 million US dollars.

Of course, at that time OICQ had already started to go downhill, otherwise the other party would not have thought about finding a buyer for OICQ.

But even so~ the other party still set the price of OICQ very high at the beginning.

If Chen Li were to negotiate, on the premise that he had sufficient funds in his hands, he would most likely be scammed by the other party.

After all~ In Chen Li's cognition, OICQ must be won no matter what.

In business negotiations, once you have such a cognition, if you are discovered by others during the negotiation process, then Chen Li can only wait to be tricked!
So at this time, the intervention of Xu Xing, a third party, was the best choice for Chen Li.

It's just that Chen Li didn't pay a price for Xu Xing's help.

Originally, Chen Li's idea was to give money. According to the industry rules, he would give as much as he should.

But who is Xu Xing?This woman's business sense is definitely not there. When she saw how much Chen Li cared about OICQ, she immediately understood how much Chen Li valued OICQ.

Although Xu Xing's understanding of the Internet may not be that deep, she is still willing to trust Chen Li's vision.

So. She asked Chen Li directly for a promise, that is, the opportunity to invest in the new OICQ.

It's just that Chen Li played a trick at the time. He did agree to Xu Xing's request and gave the other party the first round of financing rights for the new OICQ~ which is now Panda QQ.

However, there is a problem here. When will Panda QQ conduct its first round of financing?

You must know that the purchase price of Panda QQ alone has reached almost 200 million US dollars, which is not counting Chen Li's later investment of a full 300 million US dollars.

After all, Panda QQ moved from Shencheng to Rongcheng as a whole, plus the follow-up operating funds, etc., this is not a small sum.

At present, although Panda QQ has some new projects, it is impossible to turn losses into profits in the short term. Even if it is 300 million US dollars, it will not last long.

Hmm~ At first, Xu Xing really thought so.So she was really not in a hurry at the beginning, she just had to wait for Panda QQ to start the first round of financing.

But ever since she learned that Mu Xiaoqing, whom Chen Li had recruited before, was killing people in Nasdaq with the funds raised by Chen Li in Hong Kong City, Xu Xing suddenly realized that she had been fooled.

Yes~ Chen Li did agree to her so that the capital behind her is qualified to participate in the first round of financing of Panda QQ.

But the question is, what if Panda QQ does not raise funds?

If it was in the past, Xu Xing would definitely not have thought about it. After all, the chance of any Internet company going on without financing is basically 0!

Almost all Internet companies are money-burning machines, and unlike traditional industries, the payment recovery time is often much slower than traditional industries.

Of course~ the return of money in the Internet industry is naturally far superior to that in traditional industries, otherwise investors would not be foolish enough to invest in the Internet.

But when Xu Xing learned that Mu Xiaoqing had at least made hundreds of millions of dollars for Chen Li, she knew very clearly that she had been fooled by Chen Li.

So ~ Xu Xing immediately called Chen Li, and asked Chen Li almost in a questioning tone on the phone when Panda QQ planned to start the first round of financing.

This time~ Chen Li didn't fool Xu Xing anymore, because he really couldn't be fooled.

So Chen Li simply made the matter clear and said that he admitted that his original idea was not to raise funds.

However, because it owes Xu Xing a favor, and considering the future development of Panda QQ, Panda QQ will still raise funds, maybe even more than one round.

But there is a problem, that is, the future of Panda QQ may not choose to go public.

Because the ultimate purpose of going public is actually to obtain a large amount of funds, but the problem is that if Panda QQ does not lack these funds, the effect of going public on Panda QQ will not be that great.

So Chen Li handed over the choice of the question to Xu Xing.

Facing a panda QQ that will not choose to go public, will Xu Xing choose to invest or not to invest?

Of course, in the beginning, Chen Li didn't think about it so much. He originally wanted to delay for a while, and after Mu Xiaoqing earned a lot of money from NASDAQ, he directly poached Xu Xing.

It's just that Xu Xing reacted so quickly. Chen Li hadn't acted yet, but she had already reacted.

And at this time, Chen Li also suddenly realized a problem. Even if Panda QQ doesn't need to worry about funds in the future, it doesn't mean that Panda QQ doesn't need financing.

Still the same problem, financing. In fact, financing is not only about money, but also about contacts, background, relationship network and so on.

To put it simply, OICQ has already reached a cooperation with a domestic communication giant before, but after OICQ was sold to Chen Li and turned into Panda QQ, this cooperation has now encountered changes.

Now Lao Zhang is solving this matter, but the problem is that Chen Li has no relationship with that communication giant at all, so they don't sell Chen Li's face at all.

Of course, Chen Li must be confident that he can solve this matter. If it is really impossible, let Ma Xiaoyun and Ma Xiaoteng brush their faces and it will probably be resolved.

But it was because of this incident that Chen Li deeply realized his limitations.

I just think that if I have it, I don’t want to take advantage of others, but I ignore the saying that sometimes I have money and earn it together. It is definitely not just a simple talk.

People who want to eat alone will often choke on it in the end. Chen Li really didn't understand this truth before.

He used to be a little unclear about why many companies have enough funds to operate, so why should they find others to cooperate.

At that time, Chen Li thought that doing this was to share risks. After all, the industry has risks, and he still understands the reason why investment needs to be cautious.

But if he knows that the risk of a company is not big~ and the return is extremely rich, and he even has enough funds to operate. Can he eat alone?
In the past, Chen Li thought it was okay, but now. The reality has educated him and made him understand the principles summed up by the predecessors. It is definitely not a casual talk.

So ~ not only Panda QQ will raise funds in the future, but other industries under his name are expected to raise funds in the future.

Naturally, the financing is not for that little money, but to make the development of various industries faster and more secure.

Of course~ this doesn't mean that anyone who comes here can take advantage of Chen Li by relying on his family background.

Although Chen Li changed his mind, this should be based on the premise of fair cooperation.

After Chen Li handed over the right to choose to Xu Xing, Xu Xing was suddenly stunned.

Before, she had been worried that Chen Li's Panda QQ didn't plan to raise funds. The more Chen Li cared about Panda QQ, the more she wanted to invest in Panda QQ.

But now Chen Li told her that Panda QQ is not going to be listed in the future, but she hesitated again.

This hesitation does not mean that she is not optimistic about Panda QQ. In fact, the more Chen Li is like this, the more he values ​​Panda QQ.

But the problem is, although Xu Xing is the boss of Baring Capital Huaxia District, she is still just a worker.

Of course ~ capital investment in a company is definitely not simply based on whether the other party is listed or not.

For investors, listing a company is just a way for investors to cash out.

If the company is really good, even if it is not listed, many investors will not even choose to leave the market to cash out.

Because the company is developing well, the annual dividends and the like alone are estimated to be a lot of wealth. As for whether it is listed or not, it doesn't matter.

In fact, many times, the capital side chooses to cash out, mainly because they feel that the company is not optimistic, or they are not optimistic about the company's upside potential.

Therefore, at the right time, choosing to cash out and leave the market is actually the best choice for the capital side.

But if the company has been performing well, then the capital side is not a fool. Naturally, continuing to hold shares is the best choice.

But in this way, Xu Xing needs to make a complete evaluation of Panda QQ in all aspects.

Because according to Chen Li's explanation, even if Panda QQ is raising its first round of financing, Xu Xing not only has to accept the idea that Panda QQ will not be listed in the future, but also needs to be prepared to spend a large amount of money.

The subtext of this sentence is that if you want to invest in Panda QQ, you must first accept that Panda QQ will not be listed. In addition, you must prepare a large amount of funds!

Maybe Panda QQ was worthless in the past, but when Panda QQ came to Chen Li, even if Chen Li spent money, he would bring the valuation of Panda QQ to a new level.

So in this way, Xu Xing has spent almost all his time and energy on Panda QQ in the past few months.

She even went to Rongcheng to deal with Lao Zhang, the current person in charge of Panda QQ, almost every day, in order to learn more about Panda QQ.

In the end~Xu Xing believes that Panda QQ has shown potential for growth, and it is definitely a project worth investing in.

After deciding to invest in Panda QQ, Xu Xing contacted Chen Li immediately, and after expressing his intention to invest, Xu Xing received Chen Li's request for help again.

Help Panda QQ find a suitable CEO candidate, but this candidate is not for Xu Xing to decide, but for Chen Li to directly select the target.

That is Liu Zhiping of Goldman Sachs!

(End of this chapter)