American Fortune Life

The measurable performance of the IT industry is very large, and it is a perfect data model. The capital investment will be immediate, and there are still many new areas to be developed, making the return high.

This is also the main reason why the investment target that Andy chooses in the rabbit country is basically a company in the IT industry.

Of course, there is another reason that is very important, because domestic Internet companies in rabbit countries play a kind of vie structure, which is the so-called protocol control, in order to circumvent some domestic censorship systems in rabbit countries and adopt foreign listings in order to raise money for listing. Ways to raise funds for growth and development, and this method is quite a six, the regulators also allow by default.

Of the more than 200 rabbit country companies listed on the New York Stock Exchange and Nasdaq, 95 use the vie structure. The vie structure is almost standard, and this shareholding method first came from a wave listed in the United States in 2000. Since then, New Oriental and Xingdu have all raised funds from international investors through this form. Most of these companies are registered in the Cayman Islands.

In fact, a long time ago, American analysts warned that the existing vie structure of Internet companies listed abroad by rabbit countries called the so-called agreement control, which is a "complex and high-risk legal arrangement combination", which may cause damage to investors' interests.

At the time, Ali chose to delist from the Pearl of the Orient and delisted again. When he wanted to use this method to list on the Pearl of the Orient again, because Hang Seng, who had suffered a loss, rejected Ali's request, this was the next choice. In order to list on the NYSE, don't think that Ali really wants to go to a foreign market. Ali will face more questions on other people's sites, need to be more responsible to investors, and some things should be more transparent.

It is not that these companies do not want to be listed in the country. The main reason is that they have problems themselves, it is difficult to pass the domestic listing requirements, and they want to shorten the listing time. They have invented a model to bypass foreign listings and shorten the listing process. After all, for Internet companies, time is life. There is a huge difference between going public one year earlier and going public one year later. The first move in time and financial advantages often lead the winner to take all, while the late listing may mean that The industry seats are rescheduled, and live cases such as Youku Video, a rising star who first listed, have annexed the unlisted Big Brother Potato video.

Andy Fengyun Capital ’s investment in Qihoo 361, Youku, Tudou, Dangdang.com and online game companies will accelerate the expansion along this so-called successful case, speculate on the concept, and then bypass foreign listing and financing to seek funding. Businesses grow bigger.

What Andy has to do is take as many shares as possible to help them achieve listing on the New York Stock Exchange, cash out, and get rich returns.

Don't think that Andy is the biggest beneficiary. In fact, these listed companies are the biggest beneficiaries. It is natural that the rabbits are smart. They use this method to list their immature companies in foreign countries. A circle of money from foreign investors, developing companies, if the stock price is high, they will also choose to cash out, because the company is still their final decision, when the heat is over, when the stock price becomes garbage, they are privatizing and choose to delist. This time and again, the money was made, the company developed, matured, and basically met the conditions for domestic listing. They killed another carbine ...

Smart?

Yeah, very clever, so clever that you have nothing to say! As for what was paid, heh, honesty overdraft! Of course, companies that make a lot of money care about latecomers.

From the afternoon of the day when he first arrived in the capital, Andy started meeting with these future rabbit nations in the meeting room of Fengyun Capital, meeting and talking with each other one by one, understanding the operation of various companies, and being very kind Asked if there were any difficulties he could help, he simply regarded himself as a nanny.

At first, Fengyun Capital appeared in the venture capital circle of Guodu and nobody paid attention. However, in just a few months, it has thrown out 100 million US dollars, and more informed people understand that Fengyun Capital's current family is not only a Overseas returnees are still Ali ’s largest individual shareholder representative, and now Ali is no longer a small website selling fakes. In addition, several companies invested by Li Xiaoying really have great potential. In this case, Fengyun Capital is also in The venture capital and it industries have a little fame, and they are not small cats and dogs.

After sending away Dangdang's founder eo Li Guoqiang, Andy can finally rest. Since the meeting began yesterday afternoon, 24 hours have passed now. Excluding meals and sleeping hours, Andy almost arranges the time, even if Yes, there is another Changyou boss who has n’t seen him. To be honest, neither side wants to neglect each other. One is a big gold owner, and the other is a dreamer who helps himself to make money. Both are jing, and Andy found that the rabbit country The big brothers of the IT industry can talk better than one, let alone say that the planning they say can be finally realized. In short, they will draw a big pie for Andy to reassure investors. The various financial statements are also very detailed. .

"Where are you, Mr. Li?" Andy moved his neck, crooked left and right, his neck made a rattling noise, and he never asked the man and the woman behind him.

"Boss, President Li is seeing someone who comes to your door for investment."

"Oh? In which room? Let's go and see." Andy took a hint of interest, and he wanted to see what item came to the door automatically. However, this kind of automatic door-to-door project is not something serious ...

When he came to the glass window of a blue door, Andy looked into the room. A middle-aged man with short hair and glasses came to sit opposite Li Xiaoying. Li Xiaoying was sitting on both sides and was bald. Recorded carefully.

"I saw that you have worked on Ali on your resume and that it was in the initial entrepreneurial stage. Some of your thoughts stunned a newspaper ..." Li Xiaoying looked down at the focus and expression of the other party's information.

"There are three kinds of people in Ali. One is from a bun with a guerrilla origin like me and Lu Zhaoxi; the other is a returnee; the third is a professional manager. I feel that with my qualifications, it is difficult to develop in Ali. After comprehensive weighing , So eventually left Ali.

"My boss at the time was Xie Shihuang. Just kidding. He was the founder, and I couldn't replace it ..."

Li Xiaoying and Andy, an eavesdropper standing outside the door, both had a good impression on this person named Zhang Dou, "Tell me about the idea of ​​your project."

Hearing Li Xiaoying's questioning, he could not help introducing Qi.

"My idea is to set up a company with high-definition mv, and use it as a starting point to set up a video site similar to a bulletin board. Its name is Yinyuetai. The market that Yinyuetai aims at is blank and relatively barren.

For so many years, there does not exist an authoritative announcement video website in China, and the strong recognition of fans also hopes to make their idols gain a higher position by playing the list; second, the top domestic artists are moving from the economy The company ran away and formed studios. But it often ends in failure. People who understand music do not understand business. "

"Maybe only 10% of the artists occupy 90% of the resources and sales revenue in this market. So what the current artists lack is not traffic, but personalized services to satisfy fans." Zhang Dou handed over the materials he prepared to Li Xiaoying. "The goal of Yinyuetai is to provide these 10% artists with a plan for commercial realization, because fans will be willing to consume products with emotional premiums."

"Ha ha." Li Xiaoying smiled unwillingly, a pair of beautiful eyes exuding a bright light, said lightly: "In the current national conditions of the rabbit country, the indifference to copyright, many foreign media have made this a desert of copyright, domestic How many musicians have changed careers and no longer make music. "

"Only after the per capita gdp exceeds US $ 10,000, the cultural and creative industry has the most basic development potential, which is the case all over the world. Sooner or later, countries with copyright issues will take it seriously. It is not difficult for the government to solve this problem. When you wake up, everyone finds that wow, listening to music costs money. This is nothing new in Rabbit Country. And it is not that there is no market. The current music industry in Rabbit Country is a transition from idol to artist. And A lot of stick music is popular among young people.

Yinyuetai has a ranking project to attract fans. To fans, the ranking is more like a carnival for the insiders. The list is of little significance to outsiders like you and me, but what every player who knows the economics of fans can't ignore is the blank market of the list! Swipe charts, albums, concerts and surroundings, all the services around idols are naturally paid by fans. "

Zhang Dou didn't find Li Xiaoying's eyes glanced slightly at the door behind him, nodded his head slightly, and drooped his droopy hair, and asked, "How much venture capital do you want to get, and How many shares can I pay? "

"$ 2 million, 30% of shares ... please don't rush to reject it first. It is indeed a big market of $ 10 billion. No one is against this view, but everyone doesn't know where this method is. You ask me now, I I don't know yet, but I can give it a try. "" Click "" Yes, I'll give you 3 million US dollars, but I want 40% of the shares! "Andy pushed in the door and walked in.

Zhang Dou looked at Andy, a young and handsome foreigner who was fluent in Mandarin, and looked at the three Li Xiaoying who had all stood up from their positions. After a short aggressive, they immediately reacted and hurried Stand up and shake hands with Andy who smiles at him. "My name is Andy Smith. Your project is very good. I am very interested."