Chapter 1014
Words:1606Update:22/06/30 10:02:34
Feng Yu can identify those industries is because of Feng Yu's memories from his previous life. Feng Yu's investment foresight is only average.
Feng Yu is worse than many people in the company when it comes to negotiating contracts. But if he invests correctly, he will get high returns.
In Feng Yu's previous life, there is a famous venture capitalist. Japan's Softbank's Sun Zhengyi. He had invested in high-tech companies and got returns of more than 100 times, making him Asia's Richest Man.
But that is Feng Yu's previous life. In this life, Sun Zhengyi's investments are not as successful.
Two years ago, Feng Yu had started to invest in internet technology companies and invested 100 million USD in Asian Tiger. This is his most successful investment in the past few years. Feng Yu had gotten returns of more than 70 times, and his initial investment of 100 million USD is now worth almost 8 billion USD!
Feng Yu saw the benefits of investing in these companies. Feng Yu starts to look for these new internet technology companies and even approached them to invest.
Feng Yu's investment strategy is the same as many venture capitalists. After investing, the company will be listed, and he can cash out.
Of course, if it is a company like Asian Tiger, then Feng Yu can continue to hold the shares and wait for the dividends. Venture capitalists are not afraid of losing their investments. Just like Asian Tiger. Even if Feng Yu had lost 50 investments in the past, he can still make high returns if he succeeds this time.
After some research, Feng Yu felt the Hua Xia and South Korea market will be the market for internet technology companies. He starts to look for internet technology companies in these two countries.
Feng Yu had met with some problems in South Korea. Hong Kong's Fu Family had entered the South Korean market and acquired many companies. They even invested in many companies. Before Feng Yu could react, the few companies he is interested in were all invested by the Fu Family.
But this is nothing. How big is the South Korean market? Hua Xia's market is huge. To put it bluntly, a network technology company needed a large number of users to support it.
There were many people in Hua Xia. That was a huge market. Although Hua Xia's economy was still not developed, the economy had been growing rapidly in the past few years. Hua Xia had also placed great importance on the PC industry. Hua Xia's Lenovo Group's sales had been increasing and had overtaken many Japanese PC brands!
If the computers are selling well, it means there will be more users, and the internet will be better. Then, internet technology companies will prosper!
Moreover, he realized that Hua Xia liked to study the strategies of other countries and then imitate them to a certain extent. The US had relied on internet technology to create so much value. This year, Hua Xia had also announced to accelerate the development of the internet.
He believed that Hua Xia would definitely have a lot of internet technology companies, but they would definitely lack funds. This is the best time for venture capital investors. He will surely invest in a lot of companies and make high profits.
So, he came to Hua Xia confidently and even brought along a large team of negotiators. He felt Softbank will invest at least a few hundred million USD in Hua Xia, and if one of these companies can reach half or one-third of Asian Tiger's market share, he will make a killing.
But what he didn't expect was that even though he came to Huaxia in a high-profile manner and even did some publicity, no one took the initiative to come to him for investment.
He sent his men to investigate what had happened. Could it be that Hua Xia's companies do not know about venture capital investments?
His subordinate told him a piece of news. Hua Xia has a very popular investment company, and it is a large-scale advertising investment company. All the companies that he is interested in had gone to this company to invest and did not come to Softbank.
An investment company that focuses on venture capital investments is spending so much on advertising. To him, this is unbelievable. But someone is doing this!
This company claims to have 1 billion USD to invest. Which tycoon's company will invest so much?
After thinking for a while, he felt there is only one possibility. This company belongs to Hua Xia's super-tycoon, Asia's Top Billionaire, Feng Yu.
Tai Hua Supermarket Corporation is Feng Yu's business, and Taihua Consulting should be Feng Yu's company from the name.
Also, he does not think there is anyone in China who can take out 1 billion USD worth of funds!
He realized he had met his match, and it is a powerful opponent. This person alone has more assets than Softbank. Although Softbank's market value is more than 20 billion USD, it is still less than Feng Yu's assets.
A Venture Capital firm will surely have a set of industries to invest in. He thought Feng Yu will be focusing on those internet companies, and he can invest in other high-tech companies.
But to his frustration, Feng Yu's Taihua Consulting seems to be investing in everything. No matter which company Feng Yu is interested in, Taihua Consulting will snatch it away.
Feng Yu had even approached some companies and offered them favorable terms. But those companies used his terms to negotiate with Taihua Consulting and got the deal.
Feng Yu does not know that many people in Hua Xia dislike Japanese companies. Although this is normal business, they will not work with Japanese companies if they can work with Hua Xia's company.
Today is the same. Feng Yu had negotiated with a company called NetEase for a long time. He thought this company will accept his investment. But he found out that NetEase had signed a venture investment agreement with Taihua Consulting.
Another company that Feng Yu wants is snatched away by Taihua Consulting. Feng Yu had given in to Taihua Consulting and even offered a figure that the other directors are not willing to accept. Why did this NetEase sign a contract with Taihua Consulting?
Could it be that Taihua Consulting can offer such good terms? Feng Yu does not know that Taihua Consulting is not a normal venture investment company. Feng Yu had asked them to invest in some companies.
Also, Taihua Consulting had been eyeing Softbank. Taihua Consulting had poached all the companies that Softbank had investigated and is prepared to invest in! Feng Yu did not know that Taihua Consulting is not a normal venture investment company. Feng Yu had asked them to invest in some companies.
Also, Taihua Consulting had been eyeing Softbank. Taihua Consulting had poached all the companies that Softbank is interested in! Softbank is also not interested in those companies. He is a venture investor, and he will not make such risky investments. He cannot see the future of those companies!
This time, Softbank had failed in Hua Xia's venture. Sun Zhengyi had to make a decision to leave Hua Xia with his team. Seems like he can only try his luck in Europe.
Feng Yu has money but cannot invest. This is the first time he felt so frustrated since he became a tycoon!
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