Starting from joining Tencent Video
Chapter 9: The First Pot of Gold, Investing
Just before December, Chen Jingyuan sold all the Bitcoins he had previously purchased.
"3165 million!"
Looking at the cold, hard numbers in the account, Chen Jingyuan couldn't help but smile.
This was a number that his account had never reached before his rebirth.
First pot of gold in hand!
As for why we didn't continue holding it, we waited until 17.
The main reason is that it has been too long, not to mention that Bitcoin is about to face regulation.
Why not take the money out and invest it? There are still plenty of investment opportunities available.
Once Chen Jingyuan successfully invests in one company, he will essentially achieve financial freedom.
"The giants of the future are not so easy to invest in."
Chen Jingyuan couldn't help but start thinking!
His first thought was Douyin (TikTok), and if he wanted to invest, he would have to invest in ByteDance now.
ByteDance recently raised $1000 million, mostly from large funds.
The next round of financing will be $1 million, which will be in June next year!
Chen Jingyuan's 30 million is nothing; it's practically impossible for him to get involved.
Another one is Pinduoduo, which Huang Zheng has not yet founded.
The problem is that this person wasn't a nobody when he founded Pinduoduo; he had quite a few connections.
It received investment from big names like Duan Yongping and Ding Lei in its angel round.
Chen Jingyuan is not a celebrity in the investment world, and he has no connection with Huang Zheng.
Investing isn't easy!
Then there's miHoYo, which had a funding round in 12.
He did have several rounds of financing after that, but now he has a better option.
The Ning Prince Era!
With limited funds, Chen Jingyuan can only choose the option with the highest return.
Prince Ning is currently facing a severe shortage of funds.
In late October 2015, Mingzhou United Innovation New Energy acquired 15% of Ningwang's shares for 89 million yuan.
This is all thanks to Chen Jingyuan's past work in Tencent's investment department before his rebirth; he still remembers it very clearly.
If you invest in advance, even if you go through several rounds of financing later, it will be enough to retain 5% of the shares.
By 19, Ningwang's market value had reached nearly 3000 billion!
His net worth alone is easily over 15 billion.
Not to mention that by 25 years later, Ningwang's market value had reached a staggering 1.9 trillion.
Five percent of the shares would be worth close to 100 billion, if he were to invest in other things as well.
A net worth of hundreds of billions is still secure!
"Find out how to contact Prince Ning, Zeng Yuqun!"
"I'm inquiring about this under the guise of investment."
Some ideas began to surface in Chen Jingyuan's mind.
As for Pinduoduo, we'll try our best to win them over.
If there's an opportunity, I'll get involved; if not, then forget it.
Chen Jingyuan immediately took action on the day he had the idea.
Ningwang era
Zeng Yuqun often had a worried and distressed expression on his face.
With research and development and other expenses, the company's account is almost empty.
There is still a considerable amount of debt!
Especially with the Chinese New Year approaching, it's necessary to give employees a bonus.
Thinking about this, Zeng Yuqun couldn't help but feel a headache coming on.
"Mr. Zeng, someone just came to inquire about investment."
An assistant entered the office with an excited expression and spoke up.
"Someone wants to invest!?"
Zeng Yuqun was taken aback for a moment, but quickly came to her senses.
This is great news!
However, upon further inquiry, it was discovered that this was merely a personal investment.
This disappointed Zeng Yuqun once again.
Individual investment doesn't seem very reliable, but at least I have an investor.
We must not give up on even a single person!
Without hesitation, Zeng Yuqun immediately called back.
"Hello, I am Zeng Yuqun from the Ning Prince era."
"Were you planning to invest in us before?!"
...
Chen Jingyuan, on the other hand, hadn't expected this person to be in such a hurry.
The meeting was scheduled for two days from now, and this person would come to Shenzhen in person.
It seems that the current funding shortage during the Ningwang era is not just a minor issue.
It was the weekend in just two days, so Chen Jingyuan didn't have to bother asking for leave.
The 30 million in the account was indeed a considerable sum, but Chen Jingyuan had no interest in it whatsoever.
Only by investing can we gain greater value.
Two days later!
Zeng Yuqun appeared at Shenzhen Bao'an Airport, and Chen Jingyuan personally rented a Mercedes-Benz to pick him up in order to show that he valued the event.
Unlike his usual attire, Chen Jingyuan was wearing a black suit today.
With the experience gained from his rebirth, he still appears quite mature and composed.
"Mr. Zeng, this is Chen Jingyuan, the previous investment contact person!"
Chen Jingyuan recognized Zeng Yuqun at a glance and introduced himself first.
"Hello, Mr. Chen!"
Zeng Yuqun was taken aback, but fortunately she reacted quickly.
Although I thought the other person was relatively young during our previous phone call, I didn't expect them to be this young.
He can't tell whether this person actually has the money to invest.
But since we're already here, we should at least find out more before we can be sure.
Chen Jingyuan directly arranged for Zeng Yuqun and his assistant to stay in a five-star hotel near the airport.
The two of them were there to discuss investment, not to do any sightseeing.
After settling in, Chen Jingyuan and Zeng Yuqun started talking about battery development.
"I believe the government will definitely encourage the development of electric vehicles."
"Among them, energy is undoubtedly the biggest key factor."
"We lag behind other countries in gasoline-powered cars, but electric cars are a different story."
"The key to electric vehicles is the battery, and Ningwang is one of the companies I have high hopes for."
...
Chen Jingyuan spoke slowly, beginning to explain his reasons for investing.
As the two discussed battery development, Zeng Yuqun looked at Chen Jingyuan with a bright gaze.
Chen Jingyuan could still tell that Zeng Yuqun was somewhat confused during this period.
Although I am optimistic about batteries, the future is uncertain and unknown!
Chen Jingyuan, who was reborn, explained the importance of batteries with a vision of the future.
Zeng Yuqun also brought a lot of information about Prince Ning this time.
Chen Jingyuan glanced at it and realized that the current era of Prince Ning did indeed seem a bit difficult.
However, that's how technology is; once a breakthrough is made, the rewards are terrifying.
With both parties showing interest, the next step is to negotiate financing.
Chen Jingyuan had spent quite a few years in Tencent's investment department.
I have quite a bit of experience in negotiation.
A relatively reasonable price was offered, and the two parties eventually reached an agreement based on their mutual willingness.
Chen Jingyuan personally invested in Ningwang Times for 28 million yuan, acquiring 15% of the shares.
After both parties signed the contract, Chen Jingyuan transferred the money directly.
Fortunately, I had previously signed up for a large customer account; otherwise, transferring money wouldn't have been so easy.
Once the investment funds arrived, Zeng Yuqun couldn't wait to return.
"President Chen, I will personally host you next time you visit Prince Ning."
Zeng Yuqun looked at Chen Jingyuan and couldn't help but express her gratitude.
This trip not only yielded insights into the future of batteries from Chen Jingyuan, but also secured investment.
It was undoubtedly very important during the Ning Prince's era.
This alleviated the company's financial pressure and also provided a clear direction and goal for the future.
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