Winning the new financial era

Chapter 141 The Unicorn Catcher

Lei Dongming handed Zhang Yida a document, which recorded in detail the investment details during the recent period.

Zhang Yida read and read:

36Kr Technology Media’s C round of financing, leading the investment of 800 million US dollars, accounting for 8% of the shares;

Shangchao Technology’s A-round financing, with a follow-up investment of US$1000 million, accounting for 10% of the shares;

Questyle Technology’s B round of financing, leading the investment of 1000 million US dollars, accounting for 10% of the shares;

A round of financing for Yitu Technology, leading the investment of US$1000 million, accounting for 10% of the shares;

Bitmain's A round of financing, leading the investment of 500 million US dollars, accounting for 15% of the shares;

Canaan’s angel round financing led by US$100 million, accounting for 20% of the shares;

Kuaishou B+ round of financing, follow-up investment of 3000 million US dollars, accounting for 5% of the shares;

Douyu's A round of financing, follow-up investment of 800 million US dollars, accounting for 8% of the shares;

Station B’s A round of financing, leading the investment of 1200 million US dollars, accounting for 12% of the shares;

WeDoctor Group B round of financing, follow-up investment of 2000 million US dollars, accounting for 2% of the shares;

VIPKID Education and Training Company A round of financing, leading the investment of 300 million US dollars, accounting for 12% of the shares;

Yuanfudao C + round of financing, leading the investment of 1500 million US dollars, accounting for 5% of the shares;

Lianjia strategic investment, Ruixiang invested 4000 million US dollars alone, accounting for 4% of the shares;

Huchebang Pre-A round of financing, leading the investment of 1500 million US dollars, accounting for 10% of the shares;

Yunmanman round A financing, leading the investment of 500 million US dollars, accounting for 10% of the shares;

DJI UAV B round of financing, follow-up investment of 1000 million US dollars, accounting for 1% of the shares;

UBTECH ROBOT's A-round financing, leading the investment of 2000 million US dollars, accounting for 20% of the shares;

Royole Technology B+ round of financing, leading the investment of 3000 million US dollars, accounting for 3% of the shares;

Ucommune’s angel round of financing led by US$300 million, accounting for 9% of the shares;

Singularity Auto Angel round financing, leading the investment of 200 million US dollars, accounting for 12% of the shares;

Xiaohongshu's A+ round of financing, leading the investment of 300 million US dollars, accounting for 6% of the shares;

Ximalaya’s A+ round of financing, leading the investment of US$600 million, accounting for 6% of the shares;

Daily Youxian Pre-A round of financing, leading the investment of 500 million US dollars, accounting for 10% of the shares;

Huitongda Pre-A round of financing, leading the investment of 500 million US dollars, accounting for 5% of the shares;

Horizon Robotics Angel round financing, leading the investment of 200 million US dollars, accounting for 20% of the shares;

Meicai.com's A+ round of financing, leading the investment of US$1000 million, accounting for 10% of the shares;

Dada's A+ round of financing, leading the investment of US$1100 million, accounting for 11% of the shares;

Small companies such as Canaan Zhizhi invested US$100 million and took 20% of the shares; already large companies such as Lianjia invested US$4000 million and only took 4% of the shares.

27 investment projects with a total investment of 2.99 million US dollars.

Zhang Yida checked it again carefully, and finally confirmed that there were no omissions. Most of the unicorns with bigger physiques in the previous life were netted.

Except for 36 Krypton Media, other companies will be at least 20 billion U.S. dollars in the next few years, with a valuation of 150 billion yuan.

In addition, in addition to Cainiao Yizhan hatched by Ali, Goudong Logistics and Goudong Finance hatched by Goudong, WeBank hatched by Penguin, Lufax, One Account, Anping Medical Insurance Technology, etc. under Anping Insurance, etc. .

The top 50 Internet/technology unicorns that operate independently are basically included in Zhang Yida's thin investment list.

The valuations of new energy car manufacturing companies were not low in previous lives. There were several valuations of billions of dollars, but Zhang Yida's family did not invest.

Burning money is too exaggerated, and those with small arms and legs dare not wade into this muddy water.

In addition, there are still some fish that have slipped through the net. The company has not yet been established, or has not yet become independent from the parent company, and cannot invest.

Seeing that Zhang Yida closed the document, Lei Dongming knew that he had finished reading it, and said:

"How? Most of the companies you listed have been taken down."

"Well, the work efficiency is very high, which is worthy of praise."

Zhang Yida gave him a thumbs up and said.

"By the way, I went to investigate the Ziroom apartment you mentioned. It is a business product line of Lianjia. They haven't operated independently yet, so they can't vote.

Huya’s live broadcast is in the YY system, Zuoyebang is incubating inside Qiandu, and Ganji Haoche is still in Ganji Group, neither of which has become independent and cannot vote. "

Lei Dongming recalled that in the list of companies that Zhang Yida confessed to invest in, some of them were not invested due to various reasons, so he explained to Zhang Yida.

"Okay, let's pay more attention! Once the operation is split, we will invest in it as soon as possible."

Zhang Yida felt that these companies should not be let go. The top 50 unicorns must be neat and tidy to look good.

"Okay, these things can be considered settled. The past two months have been extremely busy, and the staff of Ruixiang Industry Fund has been overwhelmed, and they are all transferred from Huayi Capital.

I also participated in the negotiation of several large projects.

Now that these things are over, I can also give myself a few days off. "

Lei Dongming stretched his waist and said with a smile.

"Okay, you've worked hard these past few months, I'll give you a week off to recuperate your body."

Zhang Yida thought about it for a while, and then he understood that he had invested in 2 companies in less than 90 days in more than two months.

The speed of investing in a company in three days, I have to say hello.

Including business negotiation, founder background check, company due diligence, various audit reports, business model evaluation, and finally signing an agreement and making payment.

Things are cumbersome and not easy to do.

Therefore, Ruixiang Industrial Fund did not have enough manpower, so it also came to Huayi Capital to second the manpower.

"No! Don't you still have tens of millions of dollars in the Ruixiang Industry Fund?
Why do I think $2.99 million was invested?That's only $100 million left! "

The funds of Ruixiang Industrial Fund were spent in less than three months, and Zhang Yida was also a little anxious to get angry. Southeast Asia had to invest more than 1 million yuan. Where can I find the money?
"Uh...that, I forgot.

After transferring the other half of Lianjia's investment of 2000 million U.S. dollars today, we are indeed only left with 100 million U.S. dollars. "

Lei Dongming said awkwardly.

"Hey, forget it, don't worry about it.

Think about how to raise funds for the second phase of the fund! "

Zhang Yida waved his hand and said it was okay, the money was spent as it was, if 3 million US dollars were invested, in a few years it would be 30 billion US dollars, maybe even more.

There is nothing to worry about for a horse with a high return.

"Ah, the first phase of the industrial fund has only been raised for a few months, and the second phase of fundraising is about to start?

Some VCs can last for 3-5 years after raising the first phase of funds.

Fortunately for us, it took three months.

Fundraising is not that easy, and the projects we invested in have not yet produced results, which may be lacking in persuasiveness. "

Lei Dongming shook his head, feeling that Zhang Yida was a little whimsical.Intensive investment in the past, investing in a family in three days, spending money like running water, now you are dumbfounded!

"It's okay, let's not talk too much, mobilize various resource relationships, and we can still get together one or two hundred million US dollars. First, plug the hole in Southeast Asia."

Zhang Yida has no regrets at all. These unicorn companies in China buy early and earn early, and increase value too quickly later, and they may miss the opportunity and fail to invest.

That's why he assigned the high-intensity task to Ruixiang Industry Fund, because he was afraid that he would miss the investment opportunity.

"Okay! Let's talk about the situation in Southeast Asia first!"

Lei Dongming knew that this was the end of the matter, so he could only follow Zhang Yida's method first, pooling money to fill in the hole before talking about anything else.

"By the way, I have a question for you.

Where did you get this company information?Whether it is Gojek in Southeast Asia or these domestic start-ups.

After I got in touch with them, I felt pretty good, and all of them were high-quality projects.

An excellent founding team, novel ideas, and a high probability of success.

Is there any unique news channel?Share with me too. "

Lei Dongming was very curious about this question. Every time Zhang Yida found a good company, there must be a secret or a well-informed information channel.

Venture capitalists have their own news channels.But he thought that his news channels were far inferior to Zhang Yida's.

"Uh... how do you say this? Read more and analyze more, and you will pick out good projects."

Zhang Yida was a little dazed, Lei Dongming's question stumped him.You can't say that you came here through time and space, let's know the future!
"That's right, you are an excellent entrepreneur yourself. You know best what conditions a good project needs to have."

Lei Dongming thought about it, and felt that what Zhang Yida said made sense: read more, analyze more...

Many venture capital firms like to recruit successful entrepreneurs as partners, and they have a strong eye for judging projects.

"I can still understand technology companies and new consumer industry companies, but I don't understand the 36 Krypton, Bitmain, and Canaan Zhizhi you invested in."

Lei Dongming understands Internet companies and technology companies, but he is confused about new media and mining machine manufacturers.

Zhang Yida patiently explained to him:
"36 Krypton is positioned as a technology media, voted for him, it's okay to send some positive articles to Ruixiang if you have nothing to do!
Mining machine manufacturers understand better. When others are panning for gold, he sells shovels and water on the sidelines. "

For 36 Krypton’s investment, Zhang Yida mainly cultivates a media that is close to him, which will facilitate many things in the future, especially the area of ​​public opinion.

36Kr Future is the first independently listed self-media company, with great influence in the industry.

Bitmain and Jianan Zhizhi specialize in the production of mining machines. When the Bitcoin market is hot, the profits should not be too scary.

I remember that in the 17 and 18 years of the previous life, when the market was good, the annual net profit was as high as more than 10 billion US dollars.

Although there will be losses when the market is not good, but the valuation of 150 billion US dollars is placed there, and it is definitely not a loss to invest in shares at this time.

"Oh, I understand. Anyway, the investment amount is not large, so there is nothing to worry about."

Lei Dongming nodded, he probably understood what Zhang Yida meant.Investing in 36 Krypton is to enhance its own influence, and investing in mining machine manufacturers is very straightforward, just to make money.

"How is Huayi Capital's third fundraising going?"

Zhang Yida asked about this again.

"In terms of fundraising, it is much easier than the second phase of fundraising.

The first phase of the fund invested in 4 projects, Didi, Toutiao, Meituan, and Huimin Bicycle.

Which one is not a star enterprise?
I put the investment case on the other side, and said that the customers who thought about it would not think about it at once, and wanted to invest; the customers who said they invested 100 million clamored to invest 200 million. "

When mentioning this matter, Lei Dongming was talking and laughing. The hard days of Huayi Capital can be regarded as over, and the reputation in the industry is also increasing day by day.

This kind of fame has two advantages. One is that it is easier to raise funds, and the other is that more entrepreneurs invest in BP.

"Haha, all the hard work is rewarding!
In a few years, clients will have to fight in order to grab fund shares! "

Zhang Yida thought about it, and felt that it was really possible.

A venture capital firm that has successfully invested in dozens of unicorns around the world, raising funds is as easy as eating and drinking.

(End of this chapter)