The measurable value of the IT industry is very large, it is a perfect data model, and the investment of capital will have immediate results, and there are many new areas to be developed, which makes the return very high.

This is also the main reason why Andy chooses to invest in companies in the IT industry.

Of course, there is another very important reason, because in order to raise money for listing, the domestic Internet companies in the rabbit country have played a VIE structure, that is, the so-called agreement control, to circumvent some domestic censorship systems in the rabbit country, and adopt the method of foreign listing to raise funds to develop and grow, and this method is quite six, and the regulator also acquiesces to the release.

Among the more than 200 rabbit companies listed on the New York Stock Exchange and NASDAQ, the structure is almost standard, and this shareholding method first came from a certain wave listed in the United States in 2000. Since then, New Oriental, a certain degree, etc., have raised funds from international investors in this form. Most of these enterprises are registered in the Cayman Islands.

In fact, some U.S. analysts have long warned that the so-called agreement control of the existing VIE structure of Rabbit Nation's overseas listed Internet companies is a "complex and high-risk combination of legal arrangements" that may cause damage to the interests of investors.

At the beginning, Ali chose to be privatized and delisted from the Pearl of the Orient, and when he wanted to use this method to list on the Pearl of the Orient again, because Hang Seng, who had already suffered a loss, rejected Ali's request, so he chose to list on the New York Stock Exchange.

It's not that these companies don't want to list in China, the main reason is that they have their own problems, it is difficult to pass the requirements of domestic listing, and they want to shorten the time to market, so they have invented a model to bypass foreign listing and shorten the listing process. After all, for Internet companies, time is life, there is a huge difference between listing one year earlier and listing one year later, and the first-mover and financial advantages in time often lead to the leader winner takes all, and the late listing may mean that the industry seat is rearranged, and the living case such as the rising star YOUKU video listed first swallowed up the big brother potato video that was not listed.

Qihoo 361, Youku, Potato, Dangdang, and Changyou, an online game company invested by Andy Fengyun Capital, will follow this so-called successful case to accelerate expansion, speculate on concepts, and then detour to foreign listings and financing, in order to seek funds to make the company bigger.

What Andy has to do is to take as many shares as possible to help them achieve listing on the New York Stock Exchange, cash out, and get good returns.

Don't think that Andy is the biggest beneficiary, in fact, these listed companies are the biggest beneficiaries, the intelligence of the rabbit people is naturally undoubted, they use this method to list their immature companies in foreign countries, circle the money of foreign investors, and develop the company, if the stock price is high, they will also choose to cash out, because the company is still their final say, and when the heat is over, the stock price becomes garbage, they are privatizing, choosing to delist, this back and forth money earned, the company has developed, matured, and basically met the conditions for domestic listing, and they will kill again。。。

Clever, right?

Yes, it's very smart, it's so clever that people have nothing to say! As for what it has paid, hehe, it's just an overdraft of integrity! Of course, where will a company that has made a lot of money pay attention to the latecomers.

From the afternoon of the day he first arrived in the national capital, Andy began to meet with these future IT bulls in the conference room of Fengyun Capital, talking to each other one by one, understanding the operation of various companies, and kindly asking if there were any difficulties he could help, which was simply to regard himself as a nanny.

At the beginning, no one paid attention to the appearance of Fengyun Capital in the venture capital circle of the national capital, but in just a few months, 100 million US dollars were thrown out, and more well-informed people learned that the head of Fengyun Capital is not only a returnee beauty, but also the largest individual shareholder representative of Ali, and now Ali is no longer a small website that sells fakes, plus several companies invested by Li Xiaoying are really very potential, in this case, Fengyun Capital can be regarded as having a little reputation in the venture capital and IT industry, and it is not a small family with cats and dogs。

Send away Li Guoqiang, the founder and CEO of Dangdang.com, Andy can finally rest, since the meeting began yesterday afternoon, it has been 24 hours now, excluding the time to eat and sleep, Andy almost arranged the time full, even so, there is a Changyou boss did not see, to be honest, neither side wants to snub each other, one is a big financier, the other is a dreamer who helps himself make money, they are all human JING, and Andy found that the big men in the IT industry in the rabbit country can speak better than one another, not to mention whether the plan they said can be finally realized, in short, it will draw a big pie for Andy, so that investors can rest assuredThe financial statements are also very detailed.

"What about you Mr. Li?" Andy moved his neck, tilted his neck from side to side, his neck made a clicking sound, and asked a man and a woman behind him without looking back.

"Boss, Mr. Li is meeting a person who comes to look for investment. ”

"Oh, in which room, let's go and see. Andy was intrigued to see what kind of project came to the door automatically. But this kind of automatic door-to-door project is afraid that it won't be a serious thing...

Coming to the glass window of a blue door, Andy looked into the room, and a middle-aged man with short shaved hair and glasses came to sit opposite Li Xiaoying, who was sitting on both sides of Li Xiaoying, and was recording very carefully.

"I saw that you have a job in Ali on your resume, and it was in the initial entrepreneurial stage, and some of your ideas stunned a certain newspaper... Li Xiaoying looked down at the focus and expression of the other party's information, and couldn't help but snort at all.

"There are three kinds of people in Ali, one is a dumpling like me and Lu Zhaoxi, who came from a guerrilla background; the other is returnees; The third type is professional managers. I felt that with my qualifications, it was difficult to develop in Ali, and after comprehensive consideration, I finally left Ali.

"At that time, my immediate boss was Xie Shihuang, just kidding, he was the founder, and I couldn't replace him... ”

Li Xiaoying and Andy, who was eavesdropping outside the door, both had a good impression of this person named Zhang Dou, "Tell me about the idea of your project." ”

Hearing Li Xiaoying's question, she couldn't help but start to be angry.

"My idea is to set up a company with high-definition MVs, with the chart as the starting point, and set up a video website similar to a billboard, called Yinyuetai, and the market targeted by Yinyuetai is blank and relatively barren.

For so many years, there has really been no authoritative announcement video website in China, and the strong sense of identity of fans also hopes to make their idols get a higher position through the list; But it often ends in failure, and people who understand music don't understand business. ”

"Probably only 10% of artists occupy 90% of the resources and sales revenue of this market. Therefore, what artists lack now is not traffic, but personalized services to satisfy fans. Zhang Dou handed over the materials he prepared to Li Xiaoying, "Yinyuetai's goal is to provide commercial monetization planning for these 10% of artists, because fans will be willing to consume goods with emotional premiums." ”

"Huh. Li Xiaoying smiled noncommittally, her beautiful eyes exuded a bright light, and she said lightly: "With the current national conditions of the rabbit country, the disregard for copyright, many foreign media have turned this place into a copyright desert, and many domestic musicians have changed their careers and stopped making music." ”

"Only when the per capita GDP exceeds 10,000 US dollars, the cultural and creative industries have the most basic development potential, and this is true all over the world. Sooner or later, the country will pay attention to the copyright issue, and it is not difficult for the government to solve this problem, maybe when you wake up from sleep, you will find that, wow, listening to music costs money, which is nothing new here in the rabbit country. Moreover, it is not that there is no market, the current music industry in Rabbit Country is a transition from idol to artist. And a lot of stick music is popular among young people.

Yinyuetai has a project to hit the list, and to attract fans by hitting the list, for fans, the thing of hitting the list is more like a carnival for insiders. The list has almost no reference significance for outsiders like you and me, but what every player who is well versed in the fan economy cannot ignore is the blank market of the list! ”

Zhang Dou, who was talking eloquently, didn't notice that Li Xiaoying, who was looking at the door behind him with slightly squinted eyes, nodded slightly, stroked her low-hanging hair, and asked, "How much venture capital do you want to get, and how many shares can you pay?"

"$2 million, 30% stake... Please don't rush to refuse, it is indeed a big market of 10 billion dollars, and no one disagrees with this idea, but everyone does not know where this method is. You ask me now, I don't know yet, but I can give it a try. ”

"Click-"

"Yes, I'll give you $3 million, but I want 40% of the shares!" Andy smiled and pushed the door open and walked in.

Zhang Dou looked at Andy, a young and handsome foreigner who spoke fluent Mandarin, a little confused, and looked at Li Xiaoying, who had already stood up from his position, and after a short period of confusion, he immediately reacted, and hurriedly stood up and shook hands with Andy, who was smiling and stretching out his hand to him.

"My name is Andy Smith, your project is very good, I'm interested. “