Fengrui's financing this time is not because Fengrui is short of money, but Fengrui is very rich, with cash reserves of nearly one billion U.S. dollars. What's more, Fengrui will only become richer and richer at the speed of "blood-making".

The reason why Li Feng insists on financing is that he must have greater needs, mainly to achieve strategic success:

One is to raise money before the financial crisis, and then wait until the financial crisis comes, and then let Lu Lu use the money to make another fortune. Such a reverse operation, making more than one billion US dollars is only a fraction.

With this money, Fengrui can do a lot of things in the mobile Internet wave, and it can be more free. It can even continue to inject capital into Fengrui and re-dilute the financing shares. This is really a bit "evil".

Second, for the development of the Android Alliance, it can attract some capital players with background and influence, which will be more conducive to Fengrui's development in the international market. When facing some "irresistible" forces, at least there will be one

Assure.

The third most critical point is that this financing has changed the holding method of Fengrui Group as a whole, from a holding method centered on Fengrui Technology to a holding method of "Fengrui X Laboratory" for all Fengrui companies.

to hold shares,

This is not only a change in the holding method, but more importantly, the establishment of a corporate culture of "putting technology first in everything". This is Li Feng laying a solid foundation for the entire Fengrui to stand in the world.

Li Feng's various plans are all based on his long-term vision and long-term strategy. Moreover, this strategy is not entirely based on Li Feng's predictions in his previous life. It is more of his own way of managing the enterprise. It will not change from here on.

It is difficult to see that Li Feng has improved a lot, at least much better than in his previous life.

Since Fengrui Financing was announced in January 2007, and now in April, it has also caused a strong response in the capital market, and the entire capital world has gone crazy!

Don Valentine, the founder of Sequoia Capital, James Goldman, president of Morgan Stanley, Douglas Fagan, vice president of global investments at Goldman Sachs... all the capital tycoons are also gearing up, just like hungry wolves preying on them, going directly to them.

Yanjing Fengrui Company Headquarters Run.

Unfortunately, they had never met anyone from Li Feng, because Li Feng then went to the United States to talk about the Android Alliance, and then they found other ways to establish relationships, and even asked Ma Yun to "pull the needle and pull the strings."

Not to mention these capital tycoons, even domestic colleagues, including some investment banks of the national team, are trying their best to find relationships, and some have found Li Dongmin, who has a good relationship with Li Feng.

Li Feng has always acted with "priority and conflict of interests". He first settled the most important Android Alliance before he started to consider "Fengrui Financing".

"Then tell me about Fengrui Technology's financing situation now..."

Seeing that Li Feng finally started to study this problem, Liu Zhiping also breathed a sigh of relief. In fact, Liu Zhiping was also under a lot of pressure. It was not about financing.

The key is that there are too many people coming to see him. Some are his old superiors at Goldman Sachs, some are his old friends, and some even come under the banner of Li Feng... And Liu Zhiping can't push Li Feng, so he quickly

Liu Zhiping was annoyed to death.

So Liu Zhiping also reported the financing situation to Li Feng, "Currently the capital market is very optimistic about us, Fengrui. There are 36 companies that have passed my preliminary review stage alone. They are Goldman Sachs, Morgan Stanley, and Sequoia Capital.

,IDG Capital…”

Before Liu Zhiping could finish speaking, he was interrupted by Li Feng, "Zhiping, wait a minute, are there only so many people who have passed the preliminary review? I remember I said, didn't I say that those with a valuation of no more than 30 billion US dollars cannot participate in this financing?

, even those big investment institutions can’t do it. Have the 36 investment institutions you mentioned all valued Fengrui at more than 30 billion US dollars?”

In general corporate financing, the company that needs financing is the "son" and asks the "capital dad" to give some money to spend, but Fengrui's financing is different. Capital has always been the "son", even if Fengrui's first

For the first round of financing, Li Feng was very tough and signed a gambling agreement with Son Zhengyi, and Li Feng won in the end.

Therefore, Li Feng directly set a bottom line for Fengrui's financing this time, "it cannot be less than 30 billion U.S. dollars." Regardless of the investment institution, he is so awesome and willful.

But Li Feng didn't expect Fengrui to be so popular, so Liu Zhiping replied, "Boss, these 36 are relatively well-known investment institutions at home and abroad, and their valuation of Fengrui has exceeded US$30 billion!"

When did Fengrui become so popular? Li Feng also smiled and said: "Now Fengrui is also a treasure, everyone loves it!"

Isn't it? Who doesn't like money! Li Feng was also very happy after hearing this. This is not only genuine US dollars, but more importantly, he is optimistic about Fengrui's future.

Li Feng was also curious and asked Liu Zhiping: "Who among them gives the highest valuation?"

"It's the Abu Dhabi Investment Fund. Their first-round valuation of Fengrui was US$50 billion!" Liu Zhiping said.

"50 billion?!"

Even if Li Feng knew that his Fengrui Technology was valuable, he would not think it was so valuable unless Fengrui was about to go public, not to mention that this was still the first round of quotations and would be higher in the future.

"Abu Dhabi Investment Fund, is it from the UAE world?"

"Well, they attach great importance to Fengrui's financing, and they told me face to face that their price is definitely $2.03 billion higher than the highest, no matter what." Liu Zhiping said.

Sure enough, it is still oil that makes money, but it is still from the wealthy people in the Middle East, so there is no shortage of money!

Li Feng also understands the investment principles of these Middle East oil funds. They are simply afraid of running out of oil and want to invest in technology companies. This is how these oil tycoons operated in the past life and invested in many unicorn companies.

However, the oil funds in the Middle East were just getting started at this time and were far from having the influence of later generations. What Li Feng needed most now was capital with Western background and strength.

So Li Feng also said: "There is a lot of money, but we are not short of money now, so we should exclude them from this financing first, and consider more American investment institutions. Well, by the way, there are many American foreign investors.

How many investment institutions are there?”

"Boss, there are quite a few, almost a dozen, nearly half?" Liu Zhiping said.

"Those investment institutions?" Li Feng asked.

"There is DST, there is Temasek, and..." Liu Zhiping said.

Before Liu Zhiping could finish speaking, he was interrupted by Li Feng again, "Wait a minute, Zhiping, what kind of investment institutions are these? Why have I never heard of them?"

"Boss, you may not know much about investment. These are relatively well-known investment institutions in the investment community." Liu Zhiping said tactfully:

"Like DST Group, it is an investment group headquartered in Moscow, Russia, and the largest investment institution in Russia; while Temasek is a holding company supervised by the Ministry of Finance of Singapore and registered in a private name, operating 36 national federations including the Development Bank of Singapore.

equity in the enterprise.”

Well, they are all pretty awesome, and they all have official backgrounds behind them. They are a bit ignorant, but these are not what Li Feng wants. But this time there are so many people coming, and Li Feng doesn't want to refuse.

So, while Li Feng was drinking tea, he fell into deep thought. After a while, Li Feng asked Liu Zhiping: "Apart from these foreign investment institutions that are not American, what are the domestic institutions, especially the one that Li Dongmin came to me to find a relationship with last time?"

How many institutions are there?”

"There are also many domestic investment banks, including CIC, CITIC Capital, Capital, CDB Financial... Counting these national teams, there are almost ten." Liu Zhiping said.

"It's quite a lot!" Li Feng nodded, and then after thinking for a while, he said: "Since we are all uncles, we will not refuse. The amount of Fengrui's financing this time is roughly 28 cents. Domestic and foreign non-profit companies

Those with U.S. background accounted for two points, and U.S. investment institutions accounted for eight points.”

It would be easier for Li Feng to settle down, and it would be easier for Liu Zhiping to start his work. He also nodded.

"By the way, who are the US investment institutions?" Li Feng finally asked.

"On the American side, those are the more traditional and powerful investment banks, Goldman Sachs, Morgan Stanley, Sequoia Capital, Tiger Management... By the way, boss, Berkshire Hathaway is also here this time." Liu Zhiping

said.

"Berkshire Hathaway?! Is that Buffett's company? Doesn't Buffett never invest in Internet companies?" Li Feng asked.

Buffett is a very powerful and very traditional investor. His investment principles are not simply "buy low, sell high." He attaches great importance to the development potential of enterprises. His investment is very traditional and professional.

He mainly invests in fields that he is good at, mostly focusing on "visible and tangible" industrial fields. However, he almost never invests in the Internet field that he is not good at. Even when he invested in Apple in his previous life, he only regarded Apple as a hardware company.

"Well, yes, it is Buffett's company. I also asked Buffett this question. He said that he is not an investment company, he is investing in you." Liu Zhiping said with some admiration.

As a figure who can be regarded as a "godfather" in the investment world, Li Feng can indeed write a lot about him.

But Li Feng is used to it, "Oh, will Buffett come this time?"

"He is unable to come this time due to physical reasons, but he has sent you an invitation to visit his company when you go to the United States again."

"Then we will definitely go another day, let's go together." Li Feng said.

"thank you boss…"

"No, you should do it at this time. You have worked hard. When Fengrui's financing is completed, we will go to meet this big guy together, so you have to work hard next. After the Fengrui Developer Conference is held, we will raise Fengrui's financing."

The matter is done.”

"Well, boss, I will definitely complete the task..."

"By the way, now that we're talking about financing, last time I asked you to make statistics on the companies Fengrui invested in, how did it go?" Li Feng asked again.

In addition to Fengrui’s financing, Fengrui’s sale of investment shares should also be put on the agenda.
Chapter completed!