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Chapter 299 A Chance Encounter Between Men
They declined an exclusive interview and simply walked the red carpet before entering.

During a disaster, it's not advisable to be too high-profile.

They arrived relatively late, exchanged pleasantries with everyone, and then began arranging the tables.

Bazaar naturally wouldn't refuse Qi Hao's request.

He and An Feng sat at one of the main tables, with a female entrepreneur unrelated to Qi Hao sitting on An Feng's other side.

On Qi Hao's other side is...

Lei Jun!

The fish took the bait, and quite quickly at that, as it "coincidentally" appeared at the Bazaar Charity Night.

Qi Hao wanted to invest in Xiaomi, so naturally he wouldn't proactively approach Lei Jun with money in hand and knock on his door in his office.

Investing is like dating; you can't be too proactive.

Being too proactive can make you vulnerable during negotiations and can also fuel the target's ambition, making them feel that they are exceptionally valuable and deserve someone better.

Then they kicked you away.

Therefore, Qi Hao arranged for someone to stage a play.

Someone leaked information in a setting where Lei Jun's friends were present, saying that Donghao Venture Capital currently has ample funds and plans to invest in a number of startups.

Donghao Venture Capital is a legendary VC investment firm in the industry.

It's not that it's large in scale.

Most VC investment firms are private equity funds, pooling money from many people and then having a professional management team manage it.

Donghao Venture Capital is different; it belongs exclusively to Qi Hao.

This venture capital firm, which seemed unlikely to grow, became a shareholder of many companies, including Tencent, Moutai, Sina, Apple, and BYD, in just ten years, with total assets reaching billions.

His keen insight has led many in the industry to call Qi Hao "Little Buffett".

Upon hearing that Donghao Venture Capital had an investment plan, many people became interested.

Lei Jun learned of this news from a friend and became excited. He had extensive connections in the internet industry, and even Tencent, Alibaba, and NetEase had asked him for help in introducing investments.

Therefore, his fundraising goal is no longer for these resources.

He values ​​the risks associated with capital and the decision-making power in company operations more.

Qi Hao's funds are all his own, and the companies he invests in are all healthy and stable, so there is naturally no risk involved.

As for the second reason, we must also be wary of it.

Zhang Chaoyang and Wang Zhidong are living examples; the former was almost kicked out of the house, while the latter was kicked out directly.

The business world is treacherous and full of hidden schemes, and it is not uncommon for company founders to be ousted.

If founders want to avoid being ousted in the future, they need to make meticulous preparations from the day they start the company, such as effectively controlling the company, implementing a dual-class share structure, managing the pace of financing, and striving for personal voting rights, etc.

Lei Jun had already considered this issue when the company was founded.

Therefore, he divided the company's shares into A and B shares.

What we want is an effect of not being restricted.

He decided to only seek out venture capital firms with a good reputation in the industry, firms that wouldn't try to reap the benefits once the company was doing well.

Donghao perfectly meets his requirements.

In recent years, people have rarely heard of Donghao Venture Capital. If it weren't for the fact that this venture capital firm has been gaining more and more attention recently, many people might not even know that it exists.

If I've never even heard of it, then there's naturally no issue of interfering with the operation of the investment target.

The companies he invested in probably all feel wronged.

Damn it, all these years, I've never asked whether the company is doing well or not.

We've worked like oxen and horses to build your fortune, and you haven't even offered a word of encouragement.

Furthermore, Donghao Venture Capital has already formed an investment ecosystem spanning multiple fields such as the Internet, wine industry, mobile phones, and automobiles, which further made it a perfect target for Lei Jun.

He didn't delay, preferring to strike first, because if he acted later, he wouldn't even be able to catch up. If he delayed too long, Lei Jun worried that Qi Hao's money would be taken by someone else.

It's not that he doesn't have money.

Lei Jun has been a prominent figure in the internet industry for over a decade, experiencing both successes and failures.

He is known as the president and CEO of Kingsoft Corporation.

From 1999 to its listing in 2007, under his leadership, Kingsoft prepared for five IPOs, listing on the Hong Kong Growth Enterprise Market, the domestic main board, NASDAQ, and the Hong Kong main board, covering various capital markets.

On October 9, 2007, after eight years of preparation for listing, Kingsoft finally went public on the Hong Kong Stock Exchange.

The issue price was HK$3.6, the opening price was HK$3.9, and the closing price was HK$5, representing an increase of 38.88%.

Based on the closing price, Kingsoft's market capitalization exceeds HK$53 billion.

This has created one of the largest groups of wealthy programmers in China.

Kingsoft Chairman Qiu Bojun owns 20.7% of the shares, making his net worth exceed HK$10 billion. President and CEO Lei Jun owns 14.9%, making his net worth close to HK$8 million.

Of course, Kingsoft's stock price has been weak in recent years.

Kingsoft's total revenue in the first quarter of this year was 2.457 million yuan, a sharp drop of 18% compared to the previous quarter, and net profit was 8970 million yuan, a year-on-year decrease of 11%.

It has fallen by nearly 20%, so you can imagine what the stock price will be like.

The day after the earnings report was released, Kingsoft's stock price plummeted by 11.9%, hitting a new recent low.

The unit price is less than two yuan now.

Of course, even so, Lei Jun still has considerable wealth. However, most of his money is invested.

Kingsoft is facing such a difficult situation, and he has invested in many companies, but he has the deepest affection for Kingsoft. It is impossible for him to abandon Kingsoft's stock and kick it while it's down.

If you only look at cash flow, he really doesn't have much to offer.

Moreover, doing business always involves risks. No one can guarantee that their business will be successful. Even wealthy people don't put all their eggs in one basket.

For example, he founded Joyo.com, which once became one of China's largest e-commerce websites. However, due to insufficient funds to support its development, he ultimately sold it to Amazon. For six months, the experience was so poignant that Lei Jun refused to shop online anymore.

This time, let's just find someone with money to form a powerful alliance.

He and Qi Hao didn't have much interaction.

Asking someone to introduce me would feel too deliberate.

It makes it seem like they're groveling.

So he inquired and learned that Qi Hao had a charity Bazaar Night event scheduled.

Let's have a chance encounter between men!
As the president of a listed company and a prominent figure in the internet industry, Lei Jun's participation in the Bazaar Charity Night was highly valued by Bazaar.

Lei Jun expressed his desire to talk to Qi Hao, so he and his wife were seated next to Qi Hao.

Qi Hao appeared completely unaware.

He simply smiled politely at Lei Jun and his wife, introduced themselves, and then didn't exchange any further words.

According to his script, he was unaware of Lei Jun's purpose and had no intention of investing in Lei Jun's company.

Moreover, the two were not familiar with each other.

"I watched your new movie, it was really good. First love is indeed the most beautiful thing in a person's life."

Although Lei Jun is a programmer by training, his communication skills are not a problem at all.

"Oh, thank you!"

Qi Hao actually wanted to remind him that the latest movie was "Lost in Thailand," and that Lei Zong hadn't done his homework properly.

However, since both parties are interested in each other, there's no need to expose their feelings.

So Lei Jun told the story of his first love.

"Her combination of reason and emotion was like a ray of light, illuminating my world, which was originally just a collection of program code..."

Not many men dare to talk about their first love in front of their wives. The reason Mr. Lei dares to be so bold is mainly because his wife is his first love.

His first love was his college classmate, the top scorer at Hanyang No.1 Middle School in Caidian District, Jiangcheng.

Both of them are top students.

"You're from Jiangcheng too? I was born in Jiangcheng as well..."

An Feng was unaware of the inside story of what happened today; she was simply surprised to run into a fellow villager in such a setting.

"Yes, we're from the same hometown."

With the added advantage of being from the same hometown, the group quickly became familiar with each other.

Unfortunately, there were too many people at the scene, and the event started very soon. Lei Jun and Qi Hao agreed to have a late-night snack together after the event.

This year's Bazaar Charity Night was far less enthusiastic than the last one. After all, with the scandal involving fraudulent women turning out like this, no one dares to commit fraud anymore.

Even those who genuinely donate money aren't motivated.

Even though they are donating money to charity, they are being questioned by all sectors of society. It's a thankless task, so they simply don't donate.

However, there were still quite a few people holding up signs.

Li Xuexue bought a Hermes folding chair for 99.99 yuan. Fan Xuexue and Liu Yunlong went on stage to present the award. The atmosphere was very strange. Everyone was excited to see the two Xuexues on the same stage.

The two "Xuexue"s held hands and hugged on stage, and chatted intimately from time to time, their interaction was very enthusiastic.

However, the two on stage acted naturally and held hands for everyone to see, but after they went off the stage separately, they did not have any further interaction.

Li Xuexue was bidding on behalf of entrepreneur Feng Lun, so her bid doesn't count. Zhang Lan won the bid tonight.

Her son, Wang Xiaofei, also appeared, but people prefer to call him "Zhang Yuqi's rich second-generation boyfriend".

Compared to Qi Hao and An Feng, Wang Xiaofei and Zhang Yuqi's relationship is much more high-profile. They met at the "Aunt Hua's Night" event through Wang Chonglei's introduction, and their relationship was quickly exposed in a high-profile manner. The two kissed passionately without hiding from others, and this time they even made a public appearance at the Bazaar Charity Night.

They wanted the whole world to know they were together.

Wang Xiaofei won the Chow Tai Fook 80th Anniversary Collector's Edition set for 50 yuan.

Qi Hao raised his sign once, but seeing how eager Wang Xiaofei was, he let him have it.

Lei Jun wanted to help hold up the sign, but Qi Hao stopped him. Competing with the so-called Four Young Masters of Beijing in terms of wealth, regardless of winning or losing, would only be helping the other side.

In the eyes of self-made men like Qi Hao and Lei Jun, second-generation rich kids like Wang Xiaofei are nothing to worry about.

Qi Hao started from scratch. His parents were both elementary school teachers, and the family had no savings other than a house passed down from the previous generation.

Lei Jun was similar.

His father was also a teacher, an ordinary citizen of a small city, without power or influence, and could not provide him with much help in terms of funds or connections.

The difference between Lei Jun and Qi Hao is that Qi Hao dislikes school and can't concentrate on his studies, while Lei Jun is a top student. He not only scored high enough to get into Jiangcheng University, but also completed his university studies in his sophomore year. In his junior year, he found a side job, helping others develop software, and earned over a million yuan.

Wang Xiaofei... doesn't seem to be thinking straight.

After the charity gala ended, Qi Hao did not stay to participate in the social events and watch a group of women vying for attention.

He and An Feng put some money into the donation box, and then went out for a late-night snack with Lei Jun and his wife.

(End of this chapter)