Chapter 1113 Investment Is All About Profit

"Okay, don't be angry. The first batch of overseas funds has passed the bank's review and entered the country, about 500 million US dollars. So we have enough funds to keep our 20% shares." Yang Dongxu comforted.

"But that's not it."

"I know this is to make wedding clothes for Ma Fengyun, let him be proud for a while." Yang Dongxu showed a meaningful smile on his face.

Although Ma Fengyun's trick was a bit unexpected, it was also reasonable. After all, this is a person who can use various tricks to get rid of Yahu Yang and Softbank who are firmly attached to him after Alibaba becomes stronger.

Now it is amazing to suddenly show this trick, but it is in line with Ma Fengyun's tricky position.

However, Yang Dongxu is obviously not a person who will not fight back when he suffers a loss. Originally, he thought that the stall in his hand was too big and he couldn't dig a hole anymore.

Since he can't change the habit of being envious when he sees a profitable project, he will set up an investment department to invest money in those promising projects and take care of nothing else except auditing the accounts.

But since he was amazed by Ma Fengyun's operation, some plans undoubtedly need to be adjusted. For example, other investment projects will only invest money and audit accounts as usual, but Jingdong's investment projects will give more resources in addition to investing money.

Since he can use the resources in his hands to surround Ali, these resources can undoubtedly be used on Jingdong. That *face-blind does not know the wife's beauty* Dong* is originally very strong, and with so many resources as a foundation and not lacking money, it will definitely be more exciting after fighting with Ma Fengyun.

And no matter how coquettish Ma Fengyun's moves are, as long as Yang Dongxu still controls Alipay, the aircraft carrier. Then in the end he can only be cautious.

And Ma Fengyun also sees this very clearly. But the problem now is that without Alipay, the aircraft carrier, he will also collapse, so he can only reduce some of Yang Dongxu's battleships from the periphery, and can only take one step at a time for Alipay.

If Chen Daqiao took 60 million US dollars of financing from Yang Dongxu as the beginning, and then Ma Fengyun dropped a nuclear bomb.

Then the continuous financing value of the Internet is as spectacular as the great migration of animals. In just a few months, various companies with technology titles have sprung up like mushrooms after rain.

"You want to invest in Baidu?" Chen Xin looked at Yang Dongxu with surprise.

If Xuri Technology invested in Jingdong, she would understand, after all, what Ma Fengyun did was really disgusting. Investing in Suning is understandable, although they are both chain supermarkets.

However, Qianxi is taking the path of large-scale comprehensive supermarkets, and Suning seems to plan to go on the road of electrical appliances together. Gome is too powerful now, and they don't want it even if you give them money, so if you are optimistic about the electrical appliance industry, investing in Suning is indeed a good idea.

But she really can't understand investing in Baidu. You know, after following Yang Dongxu for so long, sometimes the two of them chat with each other about the advantages and disadvantages of companies in various industries in the current market. Yang Dongxu seems to have always looked down on Baidu, and even has a little rejection and disgust.

Moreover, Baidu has been working on its own search engine for the past two years, and has not only imitated 361's Tieba. It also seems to be planning to make web games. Some time ago, someone even contacted Qiu Bosong of 361. The implication is that they want to acquire 361.

At the same time, when 361 was expanding rapidly, the two companies were still competitors when they acquired 123 Browser. So no matter from which aspect, Yang Dongxu seems to have no reason to invest in Baidu.

"What does the Sunrise Technology Investment Department do?" Yang Dongxu asked with a smile.

"Investment!" Chen Xin replied.

"Then from an investment perspective, do you think Baidu is worth investing in?" Yang Dongxu continued to ask.

"This." Chen Xin was stunned for a moment.

Then he understood that investment is a business, and the standard for measuring whether to invest is whether you can make a profit in this investment. Not whether you like this investment.

Of course, if you are rich and willful, then others can't say anything, but then you can't be a qualified businessman.

And Baidu is undoubtedly a very good investment target now, after all, as the largest search engine in China. It has developed very fast in the past two years.

No matter how people criticize their advertising bidding ranking in the future, you have to admit one thing. They are indeed developing very well. At the peak, the market value exceeded 80 billion US dollars. Even if the market value dropped later, it was still above 60 billion. This is definitely a very profitable investment.

And at this time, Baidu can only be at the stage where it needs a large amount of financing to pave the way before listing. This is undoubtedly a good time to enter the market, because as long as it can be listed, everyone knows that the return on investment will be doubled.

So now it is not a question of whether Xuri Investment likes to invest in Baidu, but why should they choose you when competing with several other companies.

"Ask the highest price and try to get as many shares as possible. And we only want dividend rights, not voting rights, and we only want five years for the shares.

If Baidu is unwilling within five years, I will not sell any of my shares. And if they agree to my sale, Baidu has the right of first refusal at the same price.

But within five years, if they cannot come up with a suitable increase to buy back my shares. Then the shares in my hands will have voting rights, and it is my freedom to deal with them." Yang Dongxu told Chen Xin about the general requirements for investing in Baidu.

Of course, these are the bottom line. When the time comes, we will definitely try our best to gain benefits for ourselves under the premise of holding Baidu's original shares. It is impossible to throw out all these trump cards right away.

"Are you optimistic about Baidu's development in the next five years?" Chen Xin asked a little strangely.

Because once these trump cards were put out, Yang Dongxu's purpose was very clear. He was aiming at Baidu's good development in the next five years, and then let the shares in his hands appreciate. He was not going to replace it after becoming a shareholder.

"It's not that I'm only optimistic about Baidu's development in the next five years, but I feel that I have earned enough in five years, so there is no need to be too greedy." Yang Dongxu shrugged.

Five years will definitely not be able to maximize this investment, but Yang Dongxu feels that it is already worth it. He has his own Internet company, and it has developed well and has a good reputation, so there is no need to keep following it.

"I'm asking people to collect information and contact Baidu as soon as possible. How many shares do we want to take?" Chen Xin asked.

She knew that she had to adjust her mentality as soon as possible as Yang Dongxu's lover. Then everything must be centered on Yang Dongxu, hating what he hates and liking what he likes.

But as the head of the investment department, she must have the necessary professional qualities. When considering issues, she should start from the investment profit, not whether Yang Dongxu likes this or not.

If Yang Dongxu really hates something and doesn't want to invest, then as the big boss he has a veto. But as the head of the investment department, valuable investment projects must be screened well, and even the planning work must be done well. As for whether to invest in the end, that is another matter.

"The more the better. And as long as the investment is successful, no matter how Baidu raises funds in the next three years, we will follow up to ensure that our shares will not be diluted. In other words, it is best for us to keep increasing Baidu shares in the next three years, and try not to reduce them unless there are special circumstances.

Of course, this is just a general strategy, and it depends on the specific situation at that time. Maybe Baidu doesn't want others to share the cake, and before the listing, it doesn't know where to get the money from, and wants to recover our shares. As long as the price is high enough, we will sell it."

Five years is actually a general concept, and the message conveyed is that Xuri Investment only wants to invest and make money, and is not interested in Baidu's controlling rights or voting rights.

This is an advantage in the subsequent investment negotiations. After all, as entrepreneurs, many people like to eat alone, and Boss Li is no exception. So with this advantage, Xuri Investment can take the lead in the competition with other investments.

As for whether to really hold shares for five years, that is a question that can be considered flexibly. Although Baidu's consent is required when selling shares in hand, this is another advantage that must be written into the contract.

But it can be mortgaged without selling! In short, there are many small routines here, and it is not that there is no room for operation just because the contract is rigid.

"I see." Chen Xin nodded. This was undoubtedly the first project she invested in after the establishment of her investment department.

And it was a big project, with an investment amount of hundreds of millions. After all, as one of the largest search engines in China, it is still at a disadvantage in the fierce competition with Yahu Yang. But if you want to invest in Baidu, you can't pay a price, after all, their current base is there.

"Don't be too stressed. I have said hello to Ye Rongrong. He will draw a few elite soldiers from Dongxu Technology to be your assistant.

At that time, you only need to control the personnel, project review and funds. Let those professionals do the rest. We are at a disadvantage if we don't let them work with so much salary." Seeing Chen Xin's serious face, Yang Dongxu comforted.

"Then I'll go down and get busy."

Looking at Chen Xin who was leaving, Yang Dongxu awkwardly retracted his outstretched hand and touched his nose. He originally wanted to give her a loving hug.

But Chen Xin, who seemed to know where her problem was, obviously made the initial adjustment that she was ready to resolutely implement the working relationship between superiors and subordinates in the company and didn't want to have any close contact with him. This made Yang Dongxu feel like he was shooting himself in the foot.

"I'll take care of you when I get home." Yang Dongxu couldn't help but mutter.

Then he sat down behind his desk and pulled out a document.

Google, Oracle, Amazon. Domestic investments are now being sorted out by Chen Xin bit by bit before he takes over. But these foreign investments still need him to do it himself.

In particular, many of the shares here are facing the same problem as when they withdrew from SoftBank before - the United States will never allow a large company that has even begun to enter the ranks of quasi-giants to have a major shareholder who is a Chinese.

So even if they are unwilling, these shares still need to be dealt with.