My Age of Investment

the capital.

South Beauty Restaurant.

In the same place, in the same private room, Zhou Hongyi invited Xia Jingxing back again.

Xia Jingxing was a little surprised when the other party called.

Because it was almost four months since the last farewell, Zhou Hongyi had been letting him hang out, and he had been letting Zhou Hongyi hang out too, the two sides ignored each other and played psychological tactics.

Zhou Hongyi took the initiative to call and used his words very cleverly, saying that Xia Jingxing invited him and Lao Qi to dinner last time, and out of reason, he wanted to invite him back.

So, Xia Jingxing took Fu Jixun to the banquet together.

Fu Jixun met the two of them a few times, and they were both in the same circle, and they were no strangers to each other. After a few simple greetings, they sat down to drink and eat food together.

"Mr. Xia, I heard that Envision Capital invested tens of millions of dollars in AutoNavi. Congratulations for making another success!"

Zhou Hongyi picked up the wine glass and touched Xia Jingxing with a happy expression on his face.

Xia Jingxing murmured in his heart, does this have something to do with your Qihu? Why are you happier than my client?

Qi Xiangdong laughed and said: "Mr. Xia, here, I will accuse you first.

It has been almost four months since the last farewell, and Vision Capital has not contacted us again.

We thought that Envision Capital had no investment ideas, so we contacted IDG, CDH, Matrix Partners, and Sequoia for a while. "

Xia Jingxing waved his hand, "Hey, what's the matter, I'm out of touch.

I am also busy during this period, busy planning and preparing to establish multiple sub-funds, and the official establishment of offices in Shanghai, Hong Kong, and Beijing. "

Qi Xiangdong said "oh", and asked in a very casual tone: "If Qihoo restarts financing now, is Envision Capital still interested in participating?"

As soon as these words were spoken, both Qi Xiangdong and Zhou Hongyi looked at Xia Jingxing at the same time.

"Haha, if the pre-money valuation is still US$20 million, we definitely can't afford it! It's too expensive!"

Xia Jingxing doesn't know what the two of them are planning now.

I had to laugh and start a joke.

"Mr. Xia, at this time and at that time, Qihoo's community search is still very popular and successful after its launch."

Xia Jingxing didn't believe Qi Xiangdong's words at all. It should be that Qihoo encountered soft nails from several other venture capital institutions.

Fu Jixun smiled and said: "Community search is a small and beautiful business, if you do it with heart, as long as Baidu and Google don't come in, you should still be able to make some achievements."

Zhou Hongyi said carelessly: "I'm not afraid of the two of them, it's not like I didn't deal with Baidu before when I was doing 3721.

As for Google, wait until they land! It has been half a year since they said they wanted to enter China, but they still haven't come in.

Now that the lawsuit with Microsoft has been settled, and Li Guanfu has officially performed his duties, they are still dilly-dallying.

As I said before, the work efficiency of these foreign-funded enterprises is not good. "

Xia Jingxing smiled lightly. Zhou Hongyi's confident appearance, he guessed it was all faked. In fact, he was already flustered, but he still had to pretend to be aggressive in front of investors to facilitate subsequent negotiations.

Although there was no contact with them during this period, Envision Capital has been secretly paying attention to Qihoo's development.

Community search is an extremely narrow path. Let alone a search giant, it is difficult to raise a listed company.

In the past few months, he has watched Qihoo make great strides in this field. Although the water splashed a little, it was not big.

Relying on this alone is not enough to make him make concessions.

"Come on, drink!"

Xia Jingxing kept silent about the financing, raised his wine glass, and greeted Zhou Hongyi and Qi Xiangdong for a drink with a smile.

Fu Jixun understood what the boss meant, and after Xia Jingxing and the two finished drinking, he made another toast.

After drinking a few glasses of white wine, Zhou Hongyi's face turned even redder under the reflection of his red down jacket.

He shook his dizzy head, "Mr. Xia, just give me a reason..."

"Trust you?"

Xia Jingxing pretended not to understand, and nodded repeatedly, "It's okay, if you drink too much later, I'll ask you to go back."

Qi Xiangdong saw this scene from the side, secretly worried.

Their contact with several other venture capital institutions was indeed not smooth.

Investment institutions are not open to philanthropy, especially since their products have just launched, and it is not easy to raise tens of millions of dollars.

Even if there is 3721 who sold 120 million US dollars as an endorsement, investors are not so easy to fool.

Qihoo wants to use "community search" as an entry point, and gradually develop into all kinds of search. It is undoubtedly a challenge to the new king Baidu, and there is also Google outside.

To be the enemy of these two giants, whoever should be replaced has to be weighed.

In the words of Wang Gongquan, a full-time poet and part-time investor: This is a quixotic charge, ten years of life and death!

Although the words "combining Chinese and Western styles" are a bit weird, Qi Xiangdong still understands them. Wang Gongquan is not optimistic that they can smooth the tiger's whiskers of Baidu and Google.

Wang Gongquan and the two of them have an unusual friendship. In 1999, 3721 received 5 million US dollars in angel investment, which was invested by Wang Gongquan, who was working at IDG at the time.

Now even the big brothers who have "the kindness of knowing you" don't think highly of them.

But the two of them didn't want to show their timidity. At the dinner table, they repeatedly boasted about Qihoo's current achievements.

In Xia Jingxing's eyes, this was actually a sign of guilty conscience.

Or from the moment Zhou Hongyi called him, the two had already lost.

Now that the two of them didn't want to take the initiative to "confess" at the dinner table, Xia Jingxing let them drink, chat, and circle around on purpose, without mentioning anything about the financing.

Even Zhou Hongyi wanted to take the initiative to speak, but Xia Jingxing turned him off and didn't answer.

Just so arrogant!

Qi Xiangdong was in a dilemma at this time. He had already asked a question just now, but Xia Jingxing changed the topic.

Now I ask again, that is really raising the white flag and raising both hands.

Don't ask, if you miss Vision Capital, you don't know how other institutions will eat them alive!

Qi Xiangdong gave Zhou Hongyi winks over and over again, but the latter seemed to be completely blind, drinking too much, and kept bragging to Xia Jingxing.

"Mr. Xia, I know you are young and promising, but my old Zhou is not bad either!"

Hearing this, Xia Jingxing felt that the other party was really drunk, so he smiled politely and nodded in agreement, "Yes, speaking of you, Zhou Hongyi, who doesn't give a thumbs up on the Internet in China, your combat effectiveness is overwhelming!"

Zhou Hongyi was very satisfied with Xia Jingxing's praise, and the conversation was intense, and he continued: "Don't believe me, after I graduated with a master's degree, I won the "Fangzheng Flower" as soon as I entered Fangzheng. At that time, Hu Huan, oh, I My wife is about to marry someone else, and it's getting to the point where we're talking about marriage.

I directly hacked into the Shuimu Tsinghua Forum and found her ID..."

Xia Jingxing didn't expect that there would be so many exciting stories. It seems that the red-clothed cannon has become a hooligan not once or twice, but it has long been a habit, and it has penetrated into his bones.

Qi Xiangdong winked furiously, his eyes almost went blind, but Zhou Hongyi still turned a deaf ear and waved his hand at the former, "Old Qi, what are you staring at? Stop staring."

"President Qi, let's drink, I respect you!"

Fu Jixun acted as firepower and stopped Qi Xiangdong.

"In 2002, when Baidu, Ali, and NetEase were still struggling for profitability and hovering on the verge of bankruptcy, 3721 had already achieved an annual revenue of 140 million yuan and a net profit of 60 million yuan."

Zhou Hongyi looked drunk, but couldn't hide the pride in his eyes.

"At the Spring Festival Gala that year, I directly spent 20 million yuan. The slogan "It doesn't matter what happens, it's easier to surf the Internet in Chinese" was posted all over the place."

This is the profitability of 3721, the ancestor of the rogue software. Xia Jingxing was not surprised, after all, it is said to have an installed capacity of 70 million computers.

"I said this for no other purpose than to state the fact that I can make money.

Regardless of the means, being able to make money is the most important thing for shareholders.

And in the competition, no matter whether it is a love scene or a shopping mall, I have never admitted defeat. This is also an essential quality for an entrepreneur. "

Zhou Hongyi understood drunkenly, looked at Xia Jingxing with red eyes, and continued to mutter: "You should also be interested in Qihoo, so let's talk about it! If you invest in us, you will definitely not suffer. .”

Yo, finally raising the white flag? Even the cannon in red spoke soft words?

Although he was proud in his heart, Xia Jingxing's face was very calm.

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