Chapter 1955 Puzzled

The night in Silicon Valley is slowly getting darker.

There was once a poem that inspired many Chinese people of an era, "The night gave me a pair of black eyes, but I use them to look for light."

Obviously, this poem will not be recognized much in the West.

However, this does not exclude those people with blue eyes, green eyes, etc., who use the night time to understand and analyze some problems, which can be another way to find light.

Far away from the bustling city, in the banquet hall of the Drisco Hotel, which was built in 1903 in Pacific Heights, San Francisco, and has a well-known large wine cellar in the industry, the West Coast, one of the largest banks in the United States, Wells Fargo is holding a cocktail party.

"Hello Spencer," "Hello Jean," "Hello Ivan," "Hello Prince Ava," "Hello Sasaki,"...

Paul, senior vice president of Wells Fargo, shuttled between the wine tables and greeted his colleagues from all over the world.

It is no exaggeration to say that the banker representatives gathered here in the past two days are more than enough to hold a world-class banking conference.

And they really came together for a common purpose. To be precise, they all came for Feng Yiping.

There is no way. The essence of the financial industry is to be blatantly scornful of the poor and love the rich.

"Paul, congratulations," Kelly from Barclays Bank, one of the few women in the field, shook his hand and said, "You have always been a financial institution that Feng relies on."

Paul has heard too many similar words in the past two days, because he has had business dealings with Feng Yiping's companies for a long time. These foreign colleagues have expressed great envy of the location of Fuguo.

He smiled bitterly and shook his head, and sat down at Kelly's table, "Feng has several companies that have opened accounts in our bank, but I can tell you for sure that if all our customers are the same as Feng, then our bank, haha," he didn't say anything, just took a sip of wine.

"No way," Kelly obviously didn't believe it.

As we all know, Feng Yiping and his company rarely raise funds from financial institutions, but it is well known that Wells Fargo is the bank that focuses on sales in the industry. Therefore, its branches are not even called branches, but stores. What they are best at is selling financial products to corporate users.

This is a financial business with higher returns than lending to companies.

Feng Yiping, a high-quality customer with huge wealth, actually made him shake his head? Such humility is pride, okay.

"Kelly, I can tell you responsibly that not only us, but also those guys on Wall Street, although they have multiple business dealings with Feng, including listing and mergers and acquisitions,"

"But as far as I know, there has never been a company that successfully let Feng buy their financial products,"

"I even heard that a few guys who were not convinced designed several products specifically for Feng. Do you know what the final result was?"

"What?" Seeing that Paul spoke so sincerely, Kelly really believed what he said.

"Feng politely flipped through it and looked at it for a few times, then said very politely, 'Thank you',"

"That's it?"

"What else can I do? After dealing with him, you will know that Feng has a unique oriental tradition, especially when he refuses people, when he says no, he will be very tactful,"

Kelly was stunned. If this is really the case, then it seems that Wells Fargo has not made much profit from the cooperation with Feng Yiping.

Indeed, if all customers are like Feng Yiping, then these big banks will really have a hard time.

If they only rely on the interest rate spread between deposits and loans to make a living, how can these banks have such an easy life and such a great influence?

"What I don't understand is, doesn't Feng need financial advice?"

When the wealth base reaches a certain amount, if you don't manage your finances, then any change in the financial market will directly bring you high losses.

Even citizens who are not familiar with finance know that, generally speaking, bank deposit rates cannot keep up with the rate of inflation.

"Yes, he doesn't need it," Paul said.

"It seems that he has a lot of business dealings with UBS. Do you think Feng will have his own financial management channels?" Kelly came up with a more reliable guess.

Unfortunately, the representatives of UBS did not attend the cocktail party tonight.

Even if they did, according to their usual character, don't even think about asking them a single word.

People like Feng Yiping obviously can't put their property in the bank vault to depreciate in vain, and he doesn't need financial advice from financial institutions, so there is only one possible result.

Paul shook his head again, "We don't know the situation in this regard. What we know is that although he seems to be very conservative in finance, Feng's personal understanding of finance is no less than that of experts in the industry,"

Kelly nodded, "I see,"

Paul's words basically acquiesced to Kelly's guess.

This brings up another more interesting question. In what ways did Mr. Feng maintain and increase the value of his wealth?

Kelly didn't ask this question.

Because she knew that Paul certainly didn't know about this, and even UBS couldn't know about it. Probably only Mr. Feng himself knew about it.

The only thing that is certain is that the returns brought to him by Feng's own financial activities must be as outstanding as his achievements in other industries. Otherwise, he would not even disdain the financial products developed specifically for him.

"What a pity," Kelly also shook her head.

"Yes," Paul obviously knew what Kelly meant by what she meant by what she said.

He clinked his glasses with Kelly with a sympathetic heart, "Feng has too many non-listed companies."

If most of Feng Yiping's companies were listed companies, they could still find some clues from them, but now, they don't even know the organizational structure of Feng Yiping's company.

"So, this opportunity is very rare, Paul, do you have any good suggestions?"

Feng Yiping's company rarely hopes to raise funds this time, and the amount of financing is as high as more than 2 billion US dollars, which is naturally a good start.

As we all know, Feng Yiping's companies in the United States, whether it is NEXTDOOR, Facebook, or YouTube, are unlikely to go public, whether he likes it or not.

And if these companies go public at that time, the funds to be raised will definitely be more than 20 billion US dollars.

Even the bankers themselves could not judge the exact amount, but Feng Yiping himself undoubtedly had high expectations for this.

Otherwise, the series of acquisitions he made would not be all cash transactions, and he would never choose to exchange shares.

This can only mean that he has a high valuation of his company, and it is not cost-effective to exchange shares now.

If the financing business of $2 billion is not enough to attract all banks, then at least $20 billion of underwriting will be attracted in the future, which is definitely a big cake that all banks will be attracted to.

If Feng Yiping's company can be successfully invested in, it will be a great thing equivalent to pie in the sky.

"It's very simple," Paul said with a smile, "see which of our plans is the most favorable,"

"Hahaha, Paul, you always analyze problems so sharply," Kelly laughed.

"No, no," Paul raised his glass, "I wish us all good luck,"

"Good luck," Kelly raised her glass.

However, the two colleagues who had just discussed the problem together now looked at each other with some vigilance.

Colleagues are often really enemies.

There were a few pairs of black eyes in the cocktail party. Several senior executives of Chinese banks in the United States had been dealing with their counterparts from all over the world for a while.

At this time, they looked at these enemies around them and felt helpless. Originally, they could have nothing to do this time!

…………

On the outskirts of Los Gatos, Zhou Ning's interview with Feng Yiping continued. To be precise, it was hard to say that it was an interview. It was more like a chat, a chat in front of the camera.

"Mr. Feng, do you like the current daily life where you will inevitably attract attention wherever you go?"

"How should I put it? When I was young, who didn't think about cutting electric wires with a kitchen knife in hand, sparks and lightning all the way, and attracting attention wherever I went..."

At this time, Wu Qian, who finally came to the United States with Feng Yiping, waved behind the camera with her mobile phone, "Sorry, Mr. Feng, your phone number is a phone number in China,"

When the night in San Francisco was dark, it was very bright in China. However, this day was also the beginning of trouble for some people.