My Return to Life

When the money burns, it rises like a tide, and when it retreats, it falls like a tide.

After only two days of work, there is no sound left on the market.

The news is basically clean.

The discussion on several topics almost disappeared.

The mobile social chat market, which has been on the hustle and bustle network for more than half a month, suddenly returned to calm.

The focus of attention of the onlookers was also divided by other new hot spots.

Fang Nian, who was on vacation at home, watched a scene with a completely different process than expected.

After the drama ended, Fang Nian politely declined the invitation to dinner.

This also includes Shen Nier, who once again applied for business.

This drama came to an end, and the income of the influence club was not as direct as the first phase of investment.

It can be said that in the whole drama, no investment institution completely withdrew from the scene.

At most, Shen Nier's Sequoia Capital has low-key replacement of bad investment in the drama.

The second-phase investment of the influence fund is only in a large number of mergers and cooperation, through the primary market to return more than half of the principal, a total of 1.5 billion.

For the remaining 1 billion principal, the value of its investment holdings in the primary market is expected to reach 10 billion in the next six months.

There is an interesting thing here:

The value of these shares in the primary market has now exceeded 10 billion.

What is interesting-there is no equivalent purchasing power in the primary market.

It is equivalent to a single virtual bubble valuation.

But even so, according to some investment estimation models, the overall floating profit of the second phase investment is still expected to reach 5 times.

From the beginning of investment to the end of burning money, it took exactly 15 days. The influence club once again completed the capital trading with super high returns.

Although that part of the shares currently valued at more than 10 billion may need to be held for at least half a year, there will be other ups and downs in the middle that will affect the final income;

But Fang Nian's reputation within the influence club skyrocketed again.

It can be said that there is a lot of money in one word.

Because of the ecological integration of mobile gaming and social networking, the original holdings of the influence fund phase I were released at a much more ideal time node and price than previously expected.

The time was nearly 3 months earlier than expected, and the price reached RMB 5.7 billion.

Count the previous 2 billion.

That is: the first-phase investment uses 1.1 billion principal in exchange for a total income of about 7.7 billion, which is 7 times the floating profit.

Still the interesting thing:

When the ‘pig’ of the mobile game industry was blown to the sky, the 1.1 billion investment in the first phase withdrew a total of about 2 billion yuan from Fengkou Dacheng on the spot;

The remaining shareholding value was as high as 12 billion at that time, but the actual withdrawal was more than 6 billion.

however!

At that time, there was no capital institution with the same purchasing power in the primary market, that is, there was no receiver. ①

This is also the biggest difference between valuation and market value, primary market and secondary market:

Valuation is false, as long as there is no receiver, it will turn into a bubble and become worthless at any time;

The market value can be redeemed into real money at any time. Although bubbles may also occur and cause the value to fall, there is a redemption value even when the market is delisted.

and so……

In any case, the total floating profit of the first phase of investment is 7 times, which is the best ideal result for the influence club.

Because in the whole process from the establishment of an influence club to the establishment of an influence fund;

Never thought about the mid-line, long-term or even lifeline to play.

Let's put it this way, holding for half a year is a relatively terrifying medium and long-term impact fund.

Its own capital does not produce, and it will not last long.

The influence fund strives to be like a windfall, and can go quickly and never be greedy.

This is also a feature of track investment, big fish eat small fish, and the biggest value left will be multiplied in the end!

The subsequent takers are not stupid, no one will do anything without reward, especially capital.

That's why there is that interesting thing.

Of course, the remaining projects in the track investment of the influence fund are all high-quality.

At most, the follow-up may take a while, and the value will be magnified many times when it is pushed to the IPO.

For example, the relatively well-developed companies in the first phase of the impact fund should be listed in more than half of the five years, and the total market value is about 50 billion yuan.

Another example is Momo, the top-notch Momo in the second phase of the Impact Fund;

Fang Nian clearly remembered the process of the previous life, landing on Nasdaq at the end of 2014, the market value was nearly US$2.7 billion, or nearly RMB 18 billion.

In the second phase of the influence fund, the current shareholding ratio of Sequoia Capital will be almost worth 9 billion by then.

Of course, Sequoia is bigger, and the second phase of the influence fund alone is worth less than 4 billion.

Because, these are after all Fang Nian specially selected according to his known judgments on the future situation to the subdivisions that can form the industry's inner circle.

Therefore, this will only be a game that everyone enjoys, and it will only continue to add prestige to Fang Nian in the capital and finance industry.

of course……

There will be unhappy ones.

For example, the ‘sand’ that was washed out in the big waves.

Because the reality is too cruel to them, under the impetus of capital, they were determined to be'life and death' in a very short time.

Then again, if they have the courage to come back, learn their lessons, and stay alive, they will be able to stand out again in a few years.

…………

Even the influence club is not interested in steadily developing according to his own established plan, Fang Nian obviously has more important things to be busy.

That is--

The first anniversary of engagement with Lu Weiyu.

On August 5, 2010, Fang Nian and Lu Weiyu got engaged in accordance with the customs of both parties under the arrangement of their parents.

Two more days will be August 5th, 2011.

Fang Nian will not forget such an important day.

In fact, Fang Nian quietly began preparations more than a month ago, and he rarely used his bank card for consumption.

After all, Fang Nian, who likes to eat soft food the most in his life, has used Lu Weiyu’s salary card for daily consumption since 2011~www.ltnovel.com~ for larger other consumption, Fang Nian uses himself Co-branded bank card with Lu Weiyu at ICBC.

As for Fang Nian’s own personal bank card, the password is almost forgotten.

Whether it was Lu Weiyu's salary vice card, a joint bank card, or Fang Nian's personal bank card, it was in Fang Nian's hand. Lu Weiyu didn't even touch it, let alone ask where the money was spent.

In other words, Fang Nian is just a little white face who eats soft rice, and has nothing to do with bronchitis.

Fang Nian flipped his cell phone and muttered: "It's a coincidence, it's Qixi Festival the next day."

"This is a test of a pure young man like me who can't fall in love!"

"What if I am disgusted by Senior Sister Lu, who has gradually begun to demand the quality of life?"

"Oh, I knew I should learn to be a scumbag before being born again."

"..."

"..."

①: The description of this whole process should be inadequate, but it can be supplemented by an example that is happening in reality: Bitcoin, the total amount is only more than 18 million, and the price of a single coin has been speculated by contract transactions within a dozen days Twice as high, the actual transaction volume is not high;

The whole process is actually very simple. The valuation of mobile social companies has been continuously increased due to mergers and acquisitions and burning money. Although the valuation is accepted in the primary market by default, investors in the primary market will not use real money to take orders... …

PS: In the future, there should be two even more and two even defenses~ This is also a more acceptable method to everyone, but I have to say that there is no such thing as re-subscription.