Chapter 894: Lying on the Grass, It's Really Chen Yu

"This Chen Yu is President Lu's classmate."

Li Hui introduced on the side.

"Is it also from Peking University?"

"No, he studied Economics at Shencheng University."

"Shencheng University is good."

Shencheng itself is a very charming city.

Although Shencheng University is not a school that is too arrogant, there are many rich people in this school.

"The back waves of the Yangtze River push the front waves, and the new generation beats the old..."

Xiong Xiaoge said with emotion.

For Chen Yu, he didn't think much about it.

Of course, he asked Chen Yu just casually to ease the atmosphere of confrontation with Lu Xue just now.

However, although Xiong Xiaoge is experienced, he did not get a satisfactory investment plan from the conversation that day.

Although Xiong Xiaoge is indeed very 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 is too little.

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

However, venture capital is not something that can be done in a day or two.

It feels good to visit the site today.

As for what the future will be like, we have to wait and see.

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

Knowing that he couldn't talk today, Xiong Xiaoge was not in a hurry, but prepared to go back first.

Although Lu Xue and Li Hui also wanted IDg to make a decision directly, they also knew that this kind of thing couldn't be rushed.

The more anxious 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.

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

Lu Xueluo was generous and shook hands with Xiong Xiaoge.

Immediately, a representative of IDg returned to the headquarters.

"Xiao Li, pay close attention to Vipshop and other venture capital trends these days."

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

"It's possible."

"We inquired about it. Except for us, no one is interested in Vipshop."

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

Xiong Xiaoge had felt this way before.

Being able to come up with this brand new model and completely avoid the competition with giants is not something that ordinary business founders can imagine. Even though Lu Xue and Li Hui were talents from Peking University, they were still young after all.

Of course, that's all.

But after the actual inspection of Vipshop, this further proved Xiong Xiaoge's guess.

If not.

With his sophistication in venture capital, he can make the opponent take a few steps back on the spot.

But the reality is.

No matter how sophisticated Xiong Xiaoge was, Lu Xue and Li Hui always remained motionless and firm in their plans.

This is not something that newcomers to Shanghai can do.

"Senior?"

Assistant Xiao Liu puzzled: "Mr. Xiong, who are you talking about?"

"It's not clear yet. Although the one named Lu Xue is very capable, she has performed very well. With her current age and experience, it is impossible for her to do this."

"Will there be a Peking University academic school behind it?"

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

"Yes."

Investing in companies is investing in people.

It is precisely because of these that IDg has been able to invest in such a large company in China.

Good projects require good leaders.

If the entire founding team is of average ability, no matter how good the project is, they will not invest.

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

the next day.

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

"Liu, why are you so excited? Have you checked the information of the three shareholders?"

"Check it out."

"Have you found anything?"

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

"what is the problem?"

"According to the information they gave, this shareholder named Chen Yu seems to be the chairman of Universal Technology."

"What?"

Xiong Xiaoge was shocked.

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

This is a god-like genius in the Internet world.

As a big boss in the venture capital world, Xiong Xiaoge naturally knows.

Not only know.

Back then, IDg didn't know how much they wanted to invest in Universal Technology.

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

It's not that Huanyu Technology looks down on IDg, but Huanyu Technology is not short of money at all.

And now.

There are many projects in Universal Technology that are short of money, but now their IDg has some investments that cannot be afforded.

For example, for their lithography machine project, Universal Technology asked them if they would vote for IDg?

Xiong Xiaoge asked how much the lithography machine would cost.

Huanyu Technology said that it is not much, about 20 to 30 billion US dollars.

And then...then there is nothing and then.

They are venture capital firms.

I like companies that are growing.

This kind of heavyweight business of tens of billions of dollars, they don't have the strength to touch it.

Of course, that doesn't mean it doesn't have that power.

The problem is that if they really invest in it, if they fail, their IDg will be finished.

"Chairman of Huanyu Technology, are you right?"

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

"No, check again."

The news was so explosive that Xiong Xiaoge couldn't believe it.

How could a big man like Chen Yu, chairman of Universal Technology, invest in a small business.

And they have their own e-commerce platform, should they support another?

Again.

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

and also.

If it is Chen Yu, they have money themselves, why do they need other venture capital.

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

That's right.

It's Chen Yu.

According to the information provided by Vipshop, this Chen Yu is the founder of Huanyu Technology.

"President Xiong, it seems that he is really Chen Yu from Universal Technology."

The assistant was a little nervous.

"I'll make another call to see."

This thing is really cool.

Xiong Xiaoge was a little nervous.

He felt that there was something unreasonable in it, but he also felt that this was an extremely important opportunity for their IDg.

"Mr. Li, I'm Xiong Xiaoge from IDg."

"Mr. Xiong, hello."

"I have something I want to confirm with you."

"You say."

"Your shareholder named Chen Yu, what is his identity?"

"President Xiong, I seem to have said it before. He is our high school classmate of President Lu."

"What about other than high school classmates?"

"this……"

Li Hui was a little hesitant.

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

"Not really, but I don't know why President Xiong has been entangled with Chen Yu."

"Mr. Li, you misunderstood, I'm not bothering about Chen Yu. You should know that the founding team is the most important thing for our VCs, so we all want me to know as much as possible about the founding shareholders. For example, his occupation, he his identity, his relationship with you, etc..."

"Well, there's actually nothing that can't be said. He is President Lu's boyfriend."

"Uh……"

Xiong Xiaoge was stunned.

This is not what he wants.

"President 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 of the companies are between couples, between husband and wife.

But the answer Xiong Xiaoge wanted was not this. What he wanted to know most was whether Chen Yu was that Chen Yu.

"Then do you know Chen Yu's other identities?"

"He is still a student at Shencheng University."

"How old are you in school?"

"It should be a junior, yes, a junior, a senior next year, and then you can graduate. We are a year later than him. Besides, his family is quite rich, or is he a rich second generation?"

"Fu second generation?"

"Yeah, his family is a hot pot Xi Shi, not a rich second generation."

"Hotpot Xi Shi, Mr. Li, why didn't you tell me earlier?"

Some other Xiong Xiaoge will continue to check, but when it comes to hot pot Xi Shi, what else should be checked?

Chen Yu, chairman of Huanyu Technology, doesn't seem to have anything to do with Hot Pot Xi Shi.

But in their venture capital world, 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 tens of billions.

"Mr. Xiong, does the identity of the rich second generation affect the company?"

Li Hui frowned.

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

Just like their current Vipshop, most of them were actually created by Chen Yu.

Although he didn't seem to be doing anything.

"No, no."

Xiong Xiaoge shook his head. However, he felt something strange.

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

Seems like this is possible.

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

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

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

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

The industry knows that Chen Yu, the founder of Universal Technology, has always kept a low profile, and there is not even a single photo on the Internet.

If Chen Yu didn't say it, who would know that he was the founder of Huanyu Technology.

Wouldn't it be more exciting, though?

I didn't expect Chen Yu of Universal Technology to play so high.

"Mr. Li, that's right. After our IDg decision, we agree to invest in your company."

Taking three deep breaths, Xiong Xiaoge knew that the opportunity had come.

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

However, although it is necessary 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."

"Valuation too low?"

Li Hui was stunned?

"Yeah, the valuation of 100 million is really too low. Mr. Li, maybe you don't know much about the Internet. For such a novel model, as you said, Mr. Lu, this idea alone is worth 100 million. ."

"This...Wait, Mr. Xiong, don't you VCs like to bargain?"

Some of Li Hui couldn't turn around.

A few days ago, IDg also said that their Vipshop valuation is too high, and they are always bargaining there.

How many days have passed, and they said that their valuation was too low.

Could it be that they still want to get more money.

Such a stupid VC?

"Mr. Li, don't get me wrong, our VCs like to bargain, so our IDg has a huge reputation around the world. Our IDg never likes to cheat people. We will invest as much as you are worth."

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

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

"..."

"Mr. Li, after our comprehensive evaluation, we think your Vipshop's valuation is 1 billion, what do you think?"

Seriously, Xiong Xiaoge said.