Judging from the way Li Feng and Liu Zhiping work, the two are really a perfect partner,

Li Feng is the chairman and CEO, and Liu Zhiping is the president of the group. One is responsible for formulating a strategy and one responsible for implementing the strategy.

It can be regarded as "mutual achievement", and Li Feng also has more time to enjoy life, "talk about love", "drink tea and sleep", and Liu Zhiping also enjoyed the pleasure of rights.

Said, "Under one person, above 10,000 people".

In fact, in a strict sense, the two do a person's work, especially the Internet company. The CEO is the president. It is rarely set up a president like Feng Rui.

And this is mainly because of Li Feng. On the one hand, he has to enjoy life better and make up for the regrets of previous lives. Don't live so tired.

On the other hand, because Li Feng has limited management ability, even Li Feng has improved a lot in this life, but it is really difficult for him to stay at the company all day long.

He is more suitable for the company's development strategy. Besides, a lot of things only need Li Feng to say it again, and Liu Zhiping can be the best execution.

On the side of Liu Zhiping, he understands financial and management is a super management talent. His only defect is to grasp the company's strategy. From the experience of his three entrepreneurial failures, it can be seen, and Liu Zhiping is very clear.

Cooperate with Li Feng very much,

The development of Feng Rui's development also directly proves that the two are really good!

This is not about the processing plan of Facebook shares. It was soon formulated by the cooperation between the two.

After finishing Facebook, Li Feng re -shifted his attention to the matter of "selling investment shares".

"Zhiping, the 46 companies just now, except for us that we have said Facebook, Ali, Baidu, Focus, and those companies, um, you don’t have to say it, since it is all entrepreneurship, it is said that the valuation can be up to the value.

Ten millions of dollars. "Li Feng said.

Although Li Feng and Fengrui have invested in many companies, they are still in the development stage of the A and B rounds of venture capital, and it is still a bit early before the listing of listing.

"These 46, according to the listing and non -listing points, I just said that there were only Baidu, 2 Focus Media, and the remaining 44 are non -listed companies, including Alibaba, which is currently listed;

If it is divided by geographical, domestic and foreign countries are basically half -divided. There are 24 domestic, slightly more, 22 foreign countries, mostly in the United States ... "Liu Zhiping reported in detail this time. Many data have been printed.

In his mind,

"The valuation of tens of millions of dollars, if I remember right, these companies we invested were basically about tens of millions of dollars, domestic 58 city, car home, public comment, Douban ...

Foreign Link, Twitter, game company Valve, Steam platform, and Elon Musk's Space Exploration Technology Company (SpaceX) and Tesla, all of which are tens of millions of dollars, some are hundreds of millions of dollars

. ""

Then Liu Zhiping took out a small book and verified it again, "Well, good, all tens of millions of dollars, the main thing is that the boss is good, you choose the kind of company with development potential." Liu Zhiping finally finally.

I also took a little shot.

"So many!" Li Feng was a little surprised. I didn't expect that he had invested in so many Internet companies. If these companies could get up, reaching the height of the previous life, then Fengrui was the "half of the river" of the world Internet.

It's it's over!

But the future is the future, now it is now, who can say the accuracy of the future, "the genius that has not grown up is not a genius."

However, the sale of the shares should not only consider the current value, but also the value of the future. Li Feng is also careful with Liu Zhiping.

"Facebook, we have finished handling; Ali, Bai Du, Focus, these are also put them first. Let's talk about other companies one by one. If you introduce the situation, I will make the final decision and start with the domestic!

"Li Feng nodded.

"Then let's talk about 58 city first. Now it is the largest local information classification website in China. The main business is renting a house.

,,

And its main competitors are now the market. We have also invested in this website, but the shareholders are 10%, and the valuation is mostly 1,000 to 20 million US dollars ... "Liu Zhiping said very carefully, not only about their background, but also their background.

Even the current market competition has been said.

Liu Zhiping did not say that he did not expect that he had invested two websites that were also opponents. Li Feng heard it. The two websites invested themselves.

The table tennis player enters the finals, and the Chinese team will definitely get a gold medal.

Liu Zhiping just said very detailed and objective. He was afraid that his subjective opinions would affect Li Feng's judgment, but as soon as Li Feng heard his name, he thought it was.

Who can win in the last website? "

Liu Zhiping thought that this was Li Feng's test of himself, and he also carefully considered it before he said carefully:

"I personally tend to 58 City, not only because it has the first opportunity, mainly because I have contacted the founders of the two companies, mainly because Yao Jinbo of the 58 city feels more comfortable and reliable, and Yang Hao of Ganji.com

More utilitarian,

It can be seen from our Fengrui shareholding that he only raised 10%of the shares, indicating that he was heavier with utilitarian, and wanted to wait for the future to develop again.

In the most dangerous entrepreneurial stage of the enterprise. "

Li Feng just asked casually, but he did not expect that Liu Zhiping really gave the answer. It seems that he usually has a lot of effort.

It ’s just who sells and who stays, Li Feng also hesitated. If you remember correctly, the two companies in the previous life are also fighting for you, but in the end, it’ s merged. It is merged with 58 cities as the main body. It can also be said

Then, then

But now they are still relatively weak, and they are worth thousands of dollars. If they are sold now, they are of little significance and they ca n’t make a few money. And once the shares are sold, they will definitely introduce other investment institutions.

Since I can't sell it, I won't sell it, Li Feng also decided quickly, "Both of these are left, but what you just said is right, in fact, I am more optimistic about 58 City, mainly because we have more shares in it.

If you cooperate in the future, you can give priority to 58 City. "

In fact, Li Feng did not choose the last victor in the same city in the previous life. He chose to support the 58 city, because Feng Rui had more shares in the same city in the same city.

With Li Feng's status in the domestic Internet, whoever wants to win, let anyone win, directly import the traffic of YY and Renren.com, who will win, who will win.

Even Li Feng can learn the "Dafa" of Tengxun in the past life.

He even think of the hundreds of trillion -dollar markets. As for these tens of billions of levels, let others do it. You can't "eat meat alone and don't give others soup". This is easy to become a "public enemy".

Tengxun, although the strength is great, but the reputation is not very good.

After speaking of 58 City, Liu Zhiping went down and said, "Public comment is also a local life information and trading platform, but unlike 58 city, it is mainly concentrated in the catering industry. At present, there are no other competitors.

No development, I don't know if it is because the space in the industry is limited! "

The current public comments are also tepid, but Li Feng knows that the future of the Internet in the catering industry is very promising. There are group buying and takeaway ... Many giants have been born, such as Wang Xing's "Meituan" of the previous life, Zhang Xuhao's "hungry is hungry

"

But now that the mobile Internet has not arrived, even Wang Xing has been studying abroad. Thinking of this, Li Feng has not seen Wang Xing for a long time.

What's more?

Li Feng thought for a while, shifted his head, and returned to "Public Comment" again.

"Car House, ..."

"Keep!"

"Douban, ...."

"Keep!"

"Tongcheng Travel, ..."

"Keep!"

"Yilong, ..."

"Keep!"

"Keep!"

"Keep!"

Nympho

How can I keep it for a long time? I have to sell a few? Who should I choose?

When Liu Zhiping saw Li Feng unable to make a decision, he suggested: "Boss, or let's study abroad, you think about it again."

"Well, don't move in China first, let's keep it first. Do we still study those companies invested abroad?" Li Feng see if there is a company that "is very powerful now, it's finished in the future".

It was just a matter of disappointing Li Feng, the foreign countries were Lingying, Twitter, Valve, Steam, SpaceX, Tesla ... such a great high -quality company, let alone sell it. Whether it can invest in in the future is a question.

So who stayed for who stayed? For a while, Li Feng didn't know how to do it, a little happy trouble!

"Yes! Why do you have to sell it!"

Li Feng suddenly figured it out. These are all high -quality companies. They must be carefully selected before, and they are still relatively weak. When they are the highest cost -effective, they must not be sold.

If you really want to sell it, you should sell those companies that have grown up. It seems that in the end, I have to fish for a lot of effort! I really can't get out of the alley.

Li Feng also said to Liu Zhiping: "Those companies that have not been listed can be kept, and if they can, they can also invest in additional investment, but in the past six months, they do not need to add addition. It is estimated that they will come to the door next year."

In the end, Li Feng has not forgotten to use this "financial crisis" to make some money, and Liu Zhiping has already seen from Li Feng's various signs, seeing that Li Feng has a big move this year, but he believes in Li Feng, and he won't say anything.

"It seems that in the end, I have to sell a big company. From Baidu, bleeding from the public!" Li Feng sighed, signaling Liu Zhiping's introduction.

"Bai Du is a listed company. We have 8%of the shares. Based on the current market value of Baidu's nearly 10 billion US dollars (appreciated than before), about 800 million US dollars,

It is just that we have a board seat in Baidu. If we want to keep our board seats, it is best not to be lower than 5%. "Liu Zhiping explained.

"Okay, leave 5%, sell those 3%shares, but say hello to Li Yanhong of Baidu in advance." Li Feng said.

"Focus Media, we have 10%of our shares, which is calculated based on the current market value of nearly 5 billion US dollars (also appreciated), about 500 million US dollars;

We also have a board seat in the Focus. Like Baidu, if we want to keep our board seats, it is best not to be lower than 5%. "Liu Zhiping said.
To be continued...