I can become stronger by paying salaries. I have one billion employees!

Chapter 144 DST's investment intention, the future working emperor (asking for monthly tickets)
After landing at the Capital Airport, Chen Yansen and the other two took a car to the East Hotel next to the 798 Art District.

Xiaomi's press conference will not start until tomorrow morning, but we arrived a day early because Lei Yijun organized a small exchange meeting.

There were not many participants, less than twenty people, all of whom were founders of companies he had personally invested in, as well as heads of investment funds led by IDG, Qiming and DST.

After Chen Yansen checked in and took a short rest, he drove to the 798 Art District.

As soon as he entered the box, dozens of pairs of eyes looked at him.

"Mr. Chen, thank you for your hard work and for coming to Xiaomi's new product launch conference."

Li Wanqiang took the initiative to come forward and greeted him with a smile.

Lei Yijun, who was chatting with investors, saw this, apologized, and walked over quickly.

This time was different from the previous two visits to Yanjing. At that time, Chen Yansen was just the founder of FoxTao, and the project was valued at only a few hundred million US dollars.

Today, he not only owns a shopping guide e-commerce unicorn company valued at over 25 billion US dollars, but is also the boss of Orange Technology.

In just ten days, 120 million Orange phones were pre-sold.

There is a gap compared with the four giants ZTE, Huawei, Coolpad and Lenovo, but this pre-sale volume is extremely dazzling among second- and third-tier mobile phone brands.

As soon as Chen Yansen came in, the eyes of several venture capital institutions immediately followed closely and showed strong interest.

Among them are both Xiaomi Technology’s Series A investors and potential investment institutions that want to get a share of Xiaomi Technology’s Series B financing.

China has a population of over one billion and the market potential for smartphones is enormous. Compared with Xiaomi, Orange Technology, which has achieved certain results, is obviously more valuable for investment.

"Mr. Lei, I'm sorry I'm a little late. I wish Xiaomi a successful launch and great sales."

After a brief greeting with Li Wanqiang, Chen Yansen took a step forward and said to Lei Yijun with a smile.

"Xiaomi isn't like Orange Technology, which has its own phone factory. We'll have to wait another half a month before the phones go on sale, as we need to coordinate production plans. But I accept Mr. Chen's best wishes. Please take a seat."

Lei Yijun looked at Chen Yansen and shared frankly.

Building your own factory is expensive. Although it has some advantages, the management costs are high, and the shrinking fixed assets caused by technological iterations are also daunting.

After that, Lei Yijun took Chen Yansen and introduced the people around him one by one: "Let me introduce you to some new friends. This is Sun Ran, the boss of Lakala. This is He Xiaopeng, the boss of UC Browser. This is Li Ling, the founder of YY Live..."

"Mr. Sun, Mr. He, Mr. Li, nice to meet you."

Chen Yansen greeted with a smile.

After more than a decade, the market share of Lakala and YY Live has been completely divided up by Ali, Penguin and Byte, and their glory days are gone.

But in 2011, the two companies were in a period of rapid growth and were gaining ground in their respective industries.

Among these people, the most successful one is He Xiaopeng.

Three years later, He Xiaopeng sold UC to Ali and successfully cashed out more than 200 billion yuan.

With a 20% stake, Lei Yijun earned more than 50 billion yuan in profits.

This is also the reason why he was willing to invest in He Xiaopeng's car manufacturing later.

Several people responded politely. After all, although Chen Yansen was young, he was wealthy, so they did not dare to look down on him.

Afterwards, Lei Yijun introduced several executives from venture capital institutions.

Chen Yansen had previous contact with IDG and Qiming Capital, so he was not unfamiliar with them. However, it was the person in charge of DST's lead investment who caught his eye.

"Zhou Shouzhi, DST's youngest partner in China, single-handedly led the financing for Dongfang and Meituan."

Lei Yijun introduced with a smile.

"Mr. Chen, I've heard a lot about you! I'm so sorry I wasn't able to participate in FoxTao's Series A funding round. If Orange Technology needs financing, DST will definitely help."

Zhou Shouzhi didn't wait for Chen Yansen to speak, but took the initiative to shake his hand with a sincere look.

Zhou Shouzhi, 28 years old this year, took only one year to become the head of DST China, which shows his ability.

Compared with Wang Ziyan, she is not much inferior.

Chen Yansen looked between Lei Yijun and Zhou Shouzhi and saw that they were not very familiar with each other. He guessed that DST had just come up with the idea of ​​investing in Xiaomi but had not yet taken action.

Lei Jun, the most handsome man in Xiaomi, has not yet hooked up with the second most handsome man in Xiaomi.

Do you want to intercept?
While Chen Yansen was greeting Zhou Shouzhi, he was thinking to himself.

Zhou Shouzhi is from Singapore and has studied in Europe and the United States. After graduation, he used the influence of the Harvard Alumni Association and his wife's family to get a job at DST.

Chen Yansen did not despise the other party just because he was a gigolo. Instead, he admired such smart people with quick minds.

After all, not everyone can eat free food.

From the several investment cases that Zhou Shouzhi has made since he took office, it is not difficult to see that he has good ability and vision. Ali and Dongfang alone have made DST a lot of money.

In the group buying track, Meituan was chosen from thousands of companies, and in the previous life, Meituan became the ultimate winner of the war among thousands of groups.

Thinking of this, Chen Yansen smiled faintly and rejected Lei Yijun's suggestion that he sit in the upper seat, but chose to sit next to Zhou Shouzhi.

Gao Weilin and Song Yuncheng, like other company executives, came in, said hello, and then returned to the private room next door.

"I heard Mr. Chen is considering selling Fox Tao as a package? Do you want to focus on the smartphone market?"

After sitting down, Zhou Shouzi took the initiative to talk.

Before leaving, Yuri, the boss of DST Capital, asked him to maintain a good relationship with Lei Yijun and look for opportunities for Xiaomi's Series B financing.

But after Orange Technology's strong rise, Yuri set his sights on Chen Yansen.

After all, with a pre-sale volume of 120 million units, as long as the production capacity is not a problem, Orange Mobile will definitely occupy a place in the Chinese mobile phone market.

"Is DST interested in taking over?" Chen Yansen asked. Zhou Shouzhi's expression froze for a moment, then he smiled and said, "I'm afraid we won't be able to compete with Lotte and Augusta Capital."

He has no interest in FoxTao. His more than one year of work experience in China has given him a good understanding of the e-commerce ecosystem. He believes that investing in comprehensive e-commerce companies such as Taobao and Dongdong will bring him more profits.

Although FoxTao is currently developing rapidly, its ceiling is within reach and it is extremely dependent on external e-commerce platforms.

Especially in the domestic e-commerce market structure, Ali occupies 50% of the market share. Once it changes its attitude, it will choose to suppress shopping guide e-commerce websites.

FoxTao's valuation would shrink significantly. This uncertainty made him determined that investing in shopping guide e-commerce was not a wise move.

Chen Yansen looked up at him, read the subtext in the other's eyes, and smiled indifferently.

Anyway, there are plenty of suckers. Lotte and Augusta have strong investment intentions, so there is no shortage of DST.

Lei Yijun sat in the main seat, chatting casually with Lin Bing, Li Wanqiang, and everyone else. The topics were nothing more than tomorrow's press conference and the development trend of smartphones.

"Apple plans to launch a new product next month or in October," said the head of Qiming Capital.

Over the past year, both domestic and foreign mobile phone manufacturers have been imitating the iPhone 4 in their new products.

At this time, Jobs had not yet resigned as Apple's CEO. When everyone heard this, they all felt that the smartphone market in Q4 and next year would become more lively and the competition would become more intense.

"We have to take one step at a time and eat one bite at a time. Without me, Orange Technology's technical reserves would be even behind Xiaomi. We have to take our time in developing chips and systems."

Chen Yansen didn't take it to heart and pondered it secretly.

You should know that most of the core members of Xiaomi's R&D team come from Motorola and Google, which is also a key factor in the success of the MIUI system.

In the private room, more than a dozen men and women were toasting each other and soon their faces were red from drinking.

Putting aside the topic of investment, these bosses with assets worth hundreds of millions or even billions are no different from ordinary people, with all the desires of wine, sex, money and power.

Chen Yansen was not surprised.

Although he had never had dinner with a big shot like Lei Yijun in his previous life, all of his friends in the Shanghai business circle at that time had wives at home, secretaries at work, and were dating little white girls at school.

Apart from bragging at the Chamber of Commerce, he usually spends his days getting drunk and dreaming in the K Chamber of Commerce.

As long as men can still stand up, they are all of the same character.

"Mr. Chen, shall we go outside and talk alone?"

After three rounds of drinks, Zhou Shouzhi lowered his head and made a proposal to Chen Yansen.

"no problem."

Chen Yansen smiled, stood up and greeted Lei Yijun, but said, "It's stuffy in the room, go out and get some fresh air."

Apart from him and Zhou Shouzi, most people in the private room were heavy smokers, especially Lei Yijun, who started smoking after two glasses of wine.

Lei Yijun squinted his eyes and guessed Zhou Shouzhi's thoughts through the smoke. He sighed in his heart and nodded heavily.

He knew that whether Chen Yansen was invited or not, DST would take the initiative to move towards Orange Technology.

"Boss Lei, this..." Li Wanqiang's face turned grim and he also reacted.

"If we do a good job with Xiaomi, we will have no shortage of opportunities."

Lei Yijun waved his hand, confidence in his eyes.

As he said before, the market is big enough that even the four giants of the "China Cool Alliance" can make a living, let alone these second-tier manufacturers.

the other side.

Zhou Shouzhi and Chen Yansen entered a private room alone.

The two men sat down face to face, and Zhou Shouzhi got straight to the point: "DST and Qualcomm have a good relationship. If Yuri can lobby, Orange Technology's chip supply price can be discounted by at least 10%-15%."

"DST also has the corresponding resources for electronic components such as screens, cameras, batteries, connectors and sensors, and can provide assistance to Orange Technology in terms of component procurement costs and supply stability."

Unlike ordinary investors, Zhou Shouzhi did not talk to Chen Yansen about valuation and financing right away. Instead, he talked about DST's advantages in the supply chain.

He had prepared this speech long ago and could say it to Lei Yijun as well as Chen Yansen.

"Mr. Zhou is worthy of being the youngest partner of DST. Frankly speaking, I have no shortage of funds, but I do need the resources of a third-party investment institution in terms of supply chain."

Chen Yansen nodded slightly in agreement.

Zuo Hongyu has good abilities, but his origins and background limit his development ceiling. In front of world-class international suppliers, it is difficult to get the most favorable material costs with just a purchase volume of hundreds of thousands.

"So Mr. Chen means that he is willing to accept DST's investment?"

Zhou Shouzhi asked with a smile.

"Don't worry, wait for the first batch of pre-sales to be shipped and see the market feedback. I'm worried that the user experience will be bad and I won't be able to explain it to investors."

Chen Yansen shook his head and refused temporarily.

The Orange phone has only been released for 10 days, so it would be a disadvantage to talk about financing at this time.

Zhou Shouzhi responded, but was not in a hurry to invest in Orange Technology. He could understand the practice of waiting for the right price.

Since Chen Yansen was able to build up FoxTao and Orange Technology one after another, it shows that he is a smart man. Of course, he is unwilling to accept Series A financing at this point.

Afterwards, the two chatted for a while and determined the time for the next communication before returning to the box together.

However, what Zhou Shouzi didn't expect was that Chen Yansen not only wanted his money, but also wanted him.

I want them all!

(End of this chapter)