Chapter 896

"Chen Yu is Mr. Lu's classmate."

Li Hui said on the side.

"Is it also from Peking University?"

"No, he studied economics at Shencheng University."

"Shencheng university is good."

Shenzhen itself is a very charming city.

Although Shencheng university is not too big a school, there are many rich people in this school.

"The waves behind the Yangtze River push the waves ahead, and a new generation wins over the old..."

Xiong Xiaoge said with emotion.

He didn't think much about Chen Yu.

Of course, when he asked Chen Yu, he just said it casually to ease the atmosphere of competing with Lu Xue just now.

However, despite Xiong Xiaoge's experience, the conversation that day did not get Xiong Xiaoge's satisfactory investment plan.

Although Xiong Xiaoge is really optimistic about vipshop, he also wants to vote.

But as a venture capitalist, he also has to consider his own interests.

10% of the shares sold are too few.

At the same time, although the valuation of RMB 100 million is not much, it is indeed high at present.

However, venture capital could not have been done in one day or two.

It feels good to visit the site today.

As for how to cast in the future, we have to see again.

"President Lu and President Li, I have benefited a lot from coming to you today. It's getting late. We're going to go back first. As for the next step, we'll keep in touch."

Knowing that we can't talk today, Xiong Xiaoge is not in a hurry, but is ready to go back first.

Although Lu Xue and Li Hui also want IDG to make a direct decision, they also know that this kind of thing is not urgent.

The more urgent you are, the more shares you will sell in the future.

The more urgent you are, the less financing you will get.

in fact.

In fact, before the investment, the two sides are also in a contest.

"OK, Mr. Xiong, let's keep in touch."

Lu Xue is generous and shakes hands with Xiong Xiaoge.

Then, the representatives of IDG returned to the headquarters.

"Xiao Li, pay close attention to vipshop and other VCs these days."

"Mr. Xiong, are you worried that other VCs will find vipshop?"

"It's possible."

"We inquired. No one is interested in vipshop except us."

"No one can tell. Their model is very novel. The key is that I feel more and more that there must be an expert behind him."

Xiong Xiaoge thought so before.

To come up with this new model and completely avoid the competition with giants is not what ordinary enterprise founders can think of. Even though Lu Xue and Li Hui are talents of Peking University, they are still young after all.

Of course, that's all.

But after the real on-site inspection of vipshop, this further proves Xiong Xiaoge's guess.

If not.

With his experience in venture capital, he can let the other party step back a few steps on the spot.

But the reality is.

No matter how sophisticated Xiong Xiaoge is, Lu Xue and Li Hui always keep still and stick to their own plan.

This is not what new people in the business sea can do.

"Master?"

Assistant Xiao Liu didn't understand: "Mr. Xiong, who are you talking about?"

"This is not clear. Although Lu Xue is very capable, she has performed very well. With her current age and experience, she can't do this."

"Will there be support from Peking University College behind?"

"I don't know. By the way, check the identities of Lu Xue, Li Hui and the three people named Chen Yu."

"Yes."

Investing in an enterprise is investing in people.

IDG has been able to invest in this multi pronged company in China because of these.

A good project must have a good leader.

If the ability of the whole founding team is average, they will not invest in even the best project.

Because, in Xiong Xiaoge's eyes, he believes that such a team will be destroyed by other teams.

The next day.

The assistant was excited to report the information of the three shareholders to Xiong Xiaoge.

"Xiao Liu, what are you doing so excited? Have you checked the information of the three shareholders?"

"Check it out."

"Did you find anything?"

"The two shareholders, Lu Xue and Li Hui, are the same as the introduction on the bright side. They are top students in the Department of Business Administration of Peking University. However, the one named Chen Yu, I don't know if there is something wrong."

"What's the problem?"

"According to the information they gave, the shareholder named Chen Yu seems to be the chairman of Huanyu technology."

"What?"

Xiong Xiaoge was terrified.

Even when he first saw the name Chen Yu, Xiong Xiaoge thought of Chen Yu, chairman of Huanyu technology.

This is a divine genius in the Internet world.

As a big man in the venture capital industry, Xiong Xiaoge naturally knows.

Not only do I know.

At that time, IDG didn't know how much they wanted to invest in Huanyu technology.

Can be contacted again and again, rejected again and again.

It's not that they despise IDG, but that Huanyu technology is not short of money at all.

And now.

Many projects of Huanyu technology are short of money, but now they can't afford to invest in IDG.

For example, for their lithography project, Huanyu technology asked them if they would invest in IDG?

Xiong Xiaoge asked about the investment of the lithography machine.

Huanyu technology said that it was not much, about $230 billion.

Then... Then there's nothing.

They are venture capital companies.

I like those growing enterprises.

They don't have the strength to touch this tens of billions of dollars heavyweight business.

Of course, it's not that I don't have this strength.

The problem is that if they do, in case of failure, their IDG will have to die directly.

"Chairman of Huanyu technology, are you right?"

"I confirmed it a dozen times. It seems to be true."

"No, confirm again."

The news is so hot that Xiong Xiaoge can't believe it.

How can a big man like Chen Yu, chairman of Huanyu technology, invest in a small enterprise.

And they have their own e-commerce platform. Do they want to support another one?

also.

Is this business too small for Chen Yu to be interested in?

also.

If it's Chen Yu, they all have money. Why do they want other VCs.

With a series of questions, Xiong Xiaoge confirmed it again.

you 're right.

It's Chen Yu.

According to the information provided by vipshop, Chen Yu is the founder of Huanyu technology.

"President Xiong, it seems that he is really Chen Yu of Huanyu technology."

The assistant is a little nervous.

"I'll make another call."

This thing is really hot.

Xiong Xiaoge is a little nervous.

He felt that some of them didn't make sense, but he felt that this was an extremely important opportunity for their IDG.

"President Li, I'm Xiong Xiaoge from IDG."

"Hello, Mr. Xiong."

"I have something to confirm with you."

"You said."

"What is the identity of your shareholder Chen Yu?"

"Mr. Xiong, as I said before, he is our high school classmate of Mr. Lu."

"What about high school students?"

"This..."

Li Hui hesitated.

"Mr. Li, is it inconvenient to say?"

"It's not true, but I don't know why Xiong always tangles with Chen Yu."

"Mr. Li, you misunderstood. I'm not tangled with Chen Yu. You should know that the most important thing of our venture capital is the founding team. Therefore, we hope to know as much as possible about the founding shareholders. For example, his occupation, his identity, his relationship with you..."

"Well, in fact, there's nothing you can't say. He's president Lu's boyfriend."

"Er..."

Xiong Xiaoge was stunned.

That's not what he wants.

"Mr. Xiong, can't couples start a business together?"

Li Hui felt a little strange.

"It's not, it's not."

Xiong Xiaoge kept shaking his head.

Many enterprises are between lovers, between husband and wife.

But this is not the answer Xiong Xiaoge wants. What he wants to know most is whether Chen Yu is the Chen Yu.

"Do you know Chen Yu's other identity?"

"He is also a student of Shencheng University."

"How old are you?"

"It should be a junior. Yes, a junior, a senior next year, and then we can graduate. We are a year later than him. In addition, his family is very rich and is still a rich second generation?"

"Rich second generation?"

"Yes, his family is hot pot Xishi, not the rich second generation."

"Hot pot Xishi, President Li, why didn't you say it earlier."

Other Xiong Xiaoge will continue to check, but when it comes to hot pot Xishi, what else should we check?

Chen Yu, chairman of Huanyu technology, seems to have nothing to do with hot pot Xishi.

But in their venture capital industry, who doesn't know that hot pot Xishi is a small business that Chen Yu did for his father.

Of course, even this small business has now become a scale of 10 billion.

"Mr. Xiong, does the identity of the rich second generation have an impact on the enterprise?"

Li Hui frowned.

Although Chen Yu is a rich second generation, he is a very capable rich second generation.

Just like their current vipshop, in fact, more than half of it was made by Chen Yu.

Although he seems to have done nothing.

"No, No."

Xiong Xiaoge shook his head. However, he felt a little strange.

No, they don't know Chen Yu's real identity.

It seems possible.

Then he said weakly, "President Li, do you know that President Chen has other business?"

"Well, I don't know. President Xiong, does Chen Yu have other business?"

"I don't know. I just ask."

Since Li Hui doesn't know, Xiong Xiaoge doesn't explain.

The industry knows that Chen Yu, founder of Huanyu technology, has always been low-key, and there is not even a photo on the Internet.

If Chen Yu doesn't say, who will know that he is the founder of Huanyu technology.

But isn't that more exciting?

I didn't expect Chen Yu of Huanyu technology to play so high.

"Mr. Li, well, after our IDG decision, we agree to invest in your company."

Take three deep breaths. Xiong Xiaoge knows that the opportunity is coming.

If the enterprise with Chen Yu still doesn't invest, he has to find a piece of tofu and kill it.

However, although we have to vote, it is not a simple vote.

After thinking about it, Xiong Xiaoge said again, "however, we think your vipshop valuation is a little low."

"Undervalued?"

Li Hui was stunned?

"Yes, the valuation of 100 million is too low. President Li, you may not know much about the Internet. As president Lu said, this novel model alone is worth 100 million."

"Well... Wait, Mr. Xiong, don't you VCs like bargaining?"

Some of Li Hui couldn't turn around.

A few days ago, IDG also said that their vipshop was overvalued and always haggled there.

How come a few days later, they said that their valuation was too low.

Do they want more money.

Is there such a stupid venture capitalist?

"Mr. Li, don't get me wrong. We venture capitalists like to bargain. Our IDG has a great reputation all over the world. We IDG never like to cheat people. We will invest as much as you are worth."

"Mr. Xiong, you don't want more shares."

"No, no, no, Mr. Li, don't get me wrong. 10% of the shares are enough."

“……”

"Mr. Li, after our comprehensive evaluation, we think the valuation of your vipshop is 1 billion. What do you think?"

Serious, Xiong Xiaoge said.