My Age of Investment

After staying in Luxembourg for a few days, Xia Jingxing boarded the plane back to China after completing all the formalities of the transaction.

At the same time, the news that eaby acquired Skype at a sky-high price of US$4.1 billion spread like wildfire, and related news quickly spread around the world!

As the largest Internet M\u0026A case in recent years, Skype's selling itself as eaby has attracted countless attentions.

As an angel investor of Skype, Xia Jingxing has been unknown.

The reason for this was mainly because Skyp kept a low profile, and Xia Jingxing didn't like to yell around.

Nowadays, as soon as sky-high M\u0026A cases come out, every detail of the transaction is observed under a magnifying glass by the media and Internet practitioners.

The fact that Xia Jingxing personally invested US$400,000 in the angel round and US$1.44 million in the A round of financing was also uncovered by the media through different channels.

Xia Jinghang holds 8% of the shares. Based on the transaction consideration of 2.6 billion US dollars, it can get 208 million US dollars; based on the ideal price of 4.1 billion US dollars, it is expected to get 328 million US dollars.

The media always likes to exaggerate reports, and this time is no exception.

Divide the US$328 million by the investment cost of US$1.84 million to help Xia Jingxing calculate the return on investment, which is 178 times!

This is a decent media!

If you have no morals, you can directly calculate the rate of return based on the $400,000 in the angel round, which is 820 times!

In fact, in the venture capital industry, a rate of return of several times is considered a good level, and a rate of return of 10 times is considered excellent.

As for the rate of return of thousands of times, it can almost be called the first battle to confer the gods!

The rate of return of thousands of times is almost only stored in angel investment, because the investment is small.

In fact, when many angel investors invest in a certain project, because of the excellent performance of the project, they make additional investment in the later stage to prevent the shares from being diluted.

The relevant news reported by the media almost ignores the follow-up investment of others, and only calculates the rate of return of the angel round, because the headlines are exaggerated and bluffing enough!

Xia Jingxing also enjoyed the "headline party" treatment once, and some media directly called out nearly a thousand times the return!

As the media dug further,

Someone also discovered that this was Xia Jingxing's first venture capital exit project!

Xia Jingxing, who had just been promoted to "well-known investor", was dubbed by the media as "the pinnacle of his debut".

If Xia Jingxing didn't have Facebook shares, he could just start bluffing and cheating with just these titles, and he would have nothing to worry about for the rest of his life.

It is not too simple to fool a few rich people into investing in a venture capital fund.

The news that Xia Jingxing made more than 300 million U.S. dollars spread to the United States, which caused a burst of exclamation from the Americans.

Almost all Americans believe that after Xia Jingxing leaves Facebook, it is impossible to create more brilliant achievements.

Now the Scape case has made a small profit of 200 to 300 million US dollars, which is not particularly brilliant, but it is amazing enough!

Moreover, Xia Jingxing has only been in the industry for a long time, and I'm afraid it's just the beginning.

What's interesting is that the group of well-known American institutional partners who suspected that Xia Jingxing could not make good investments at the beginning were all dug out of their previous remarks, dragged out and flogged. The media and netizens ridiculed all kinds of things, but no one replied, and they all pretended die.

In China, Xia Jingxing's fan base - Tianya Forum has already become a commotion, celebrating the birth of a world-renowned venture capitalist in China.

What's more, they shouted the slogan "Looking forward to Xia Jingxing revitalizing China's venture capital industry".

Many domestic entrepreneurs paid attention to Xia Jingxing for the first time, and learned about Envision Capital along the way.

Under the countless compliments, Xia Jingxing silently opened Facebook, Twitter, and Xiaonei, and updated a post simultaneously.

"Successfully completed the first angel investment exit project in my life, and look forward to the first IPO exit!"

What is pretentiousness, this is it!

But others were acting aggressive, it was Xia Jingxing's turn to be modest.

Xia Jingxing still has some die-hard fans in the United States, and they have been following the developments of this business icon.

However, it has been more than a month since the last "Tesla incident", and Xia Jingxing has not updated the news.

When Xia Jingxing's news on Facebook and Twitter came out, countless followers crowded in to leave comments, likes, and retweets.

Compared with Facebook and Twitter, Xia Jingxing's Xiaonei account is much more lonely.

The influence is still limited to the Xiaonei website in the capital, only Huang Xin has added Xia Jingxing's friend.

Huang Xin replied under Xia Jingxing's news: Boss Xia is awesome, buy me a drink when I return home.

…………

…………

After the plane landed in Lin'an, Xia Jingxing boarded the car that came to pick him up, and drove to Ari's headquarters.

Sitting in the back row, Xia Jingxing was talking on the phone with the foreign girl from the other side of the ocean.

It was late at night in the United States at this time, and the voice of the foreign girl seemed extremely lazy. After chatting for a while, the topic was brought to Skype by the foreign girl.

"How can there be more than 300 million US dollars? Don't listen to the media's nonsense for a day, it is only 228 million US dollars!"

The foreign girl did the math, and that's not right, why is there an extra 20 million US dollars? So she began to dig deeper.

Xia Jingxing and other shareholders' transactions with Defengjie were very secretive. At the request of Defengjie, all the people who dealt with them kept tight-lipped and did not disclose to the media.

Therefore, in the outside reports, the rights and interests of gambling are all mentioned in one stroke.

But the foreign girl is not an outsider, but an insider, so Xia Jingxing didn't hide anything, and told everything about it.

"Are you so sure that you won't be able to complete the bet?"

Xia Jingxing laughed "haha", loudly, "Anyway, I know it well, and I won't make a wrong judgment."

Foreign girls generally don't get involved in Xia Jingxing's business too much, this is also the characteristic of European and American women, they are financially independent from each other.

Hearing that Xia Jingxing was so confident, the foreign girl didn't ask any more questions.

"When are you going home?"

The foreign girl's voice was a bit seductive, and Xia Jingxing immediately felt relieved, and even glanced at the front row. The driver and Zhang Chenguang were all looking at the road, not looking around.

Because it was already late at night in the United States, the foreign girl teased Xia Jingxing again, and hung up the phone with a smile on her face.

After hanging up the phone, Xia Jingxing felt a little empty.

Not long after, the car arrived at Ali's headquarters.

After getting off the car, Xia Jingxing saw a thin figure wearing cloth shoes with a smile on his face waving to him at the entrance of a building in the distance.

Xia Jing walked up, and shook hands with the other party with a smile on his face, "Old Ma, long time no see!"

"Daren!"

Jack Ma withdrew his hand and gave Xia Jingxing a thumbs-up, "I heard about it in Lin'an, "EABY bought Skype at a sky-high price, and Chinese investors made nearly 3 billion yuan."

Xia Jingxing couldn't help laughing. The domestic journalists are also talented, and they automatically exchanged the US dollars into RMB, so that the number looks bigger and more bluffing.

"Am I not an enemy?"

Xia Jingxing followed Jack Ma into the building, and joked with the latter with a smile, "People say that eaby has PayPal in his left hand, Skype in his right hand, online payment in one hand, and network communication in the other hand, and he draws all good cards.

After the merger is completed, it will become one of the world's top Internet giants. "

Jack Ma waved his hand, with a calm expression on his face, "You are too polite, Ari has never been afraid of eaby, and eBay will not be around for long."

Xia Jingxing smiled and nodded, "That's good!"

Jack Ma led Xia Jingxing to a conference room named "Brighting Roof".

As soon as Xia Jingxing walked in, he saw Yang Zhiyuan and Sun Zhengyi nodding and smiling at him.

"Jun Xia, Skype's investment is admirable!"

Yang Zhiyuan laughed and said, "Dai Lun, should we call you a capital tycoon from now on?"

txt download address:

phone-reading: