Chapter 694

Fang Zhe's speech at the Davos Forum sounded an alarm for the arrival of the cold winter of capital in the global Internet industry and venture capital industry!

As if it were raining flowers out of order fucking great expectations, the leaders of many international giants, heads of government and heads of international organizations all agreed that in the past few years, the global VC industry was in the bubble. Many fake demand and messy projects were invested by an unrealistic PPT and smallpox.

The rise of Internet giants and even super giants such as Huizhong, Xiaomi, meituan, Kuai'an and Uber has plunged investors and entrepreneurs in the whole investment circle into a crazy state. Now the tide has faded, and many start-ups have faced the current situation that they have no hematopoietic ability and can't finance money. Waiting for their outcome, they can only be liquidated and bankrupt.

Of course, even if Fang Zhe's words are accurate, many people still feel that Fang Zhe is alarmist and do not believe in the arrival of the cold winter of capital.

What a cold winter of shit capital. In the second half of last year alone, the total financing amount of global start-ups broke the historical record. Your Huizhong investment Kuai'an raised up to $6 billion in round D, which is no less than Huizhong's round a financing in that year.

It seems that Kuai'an has the potential and capital to step up from a small giant of US $10 billion to a big giant of US $100 billion. Now Fang Zhe is shouting that the cold winter of global capital is coming and the global venture capital circle is short of money. Is it also called money shortage to finance US $6 billion?

Seeing is believing. Before seeing and feeling the tragedy of the cold winter of capital, many people are still optimistic about the popularity of the global Internet industry and venture capital circle. Even some people think that Fang zhe advocates the argument of the cold winter of capital, and specially raises the question "what if Huizhong, Alibaba and Google do not invest in you" at the end of his speech, It is to create panic for entrepreneurs and let them obediently come to the door and be harvested by Huizhong and other Internet giants. Fang Zhe's intentions are sinister and can be described as wolf's ambition.

Fang Zhe's prediction that "winter is coming" has not only aroused a heated discussion at the Davos forum, but also spread to China and the world through the Internet and various media paying attention to the Davos forum at all times.

At Tiger Fund headquarters in New York, several investment managers were drinking coffee and chatting about new things and interesting projects in the global venture capital circle.

Tiger Fund is a world-famous hedge fund. In addition to the hedge fund business, Tiger Fund is also one of the top ten venture capital institutions in the world. In China, including Kuai'an, vipshop, Dangdang, 58 same city, Ctrip, eLong and other well-known Internet companies, there are old tiger fund investments.

In the industry, Tiger Fund has always had the reputation of investing in tuyere enterprises. No matter which tuyere is hot, Tiger Fund will try its best to plug in. When these tuyeres cool and the successor of relevant start-ups is weak, Tiger Fund will be the one who likes to encourage and do everything he can to quit.

For example, the ongoing merger of Kuai'an and Kuai'an was first promoted by the Tiger Fund as a shareholder of Kuai'an.

"Do you think Fang's speech is true or alarmist?" asked a handsome investment manager with blond hair.

As a group of people with the sharpest sense of capital, they naturally pay great attention to the Davos forum.

"Haha, that guy is so rich. Naturally, he's right about everything. Bill gates used to say that people's urine can be drunk after circulating purification, but who can drink that stuff except himself!" his colleagues laughed and sarcastically.

"Yes, if I were a billionaire, I said you had three eggs. I'm afraid many people believe it!"

Several people roared with laughter. As front-line investment managers, they did not agree with Fang Zhe's alarmist remarks. From the second half of last year to now, they have handled a large number of projects, and many of them have received investment,

In their view, now is the best time to start a business and the most profitable and rich time for the venture capital industry.

Several investment managers are chatting about all kinds of satirical remarks about Fang Zhe. It is not easy for them to catch a point that they are stronger than Fang Zhe, the richest man in the world. Naturally, they spare no effort to show off.

"Bill, Charlie, John, Harris, why don't you guys work hard?" a scold interrupted their chat.

Several people's immediate boss, Alan, the leader of their investment team, came over.

When Allen came over, he threw a thick stack of documents in his hand on Bill's desk and shouted angrily:

"You guys have time to chat. It's better to review these projects you reported to me. What kind of garbage is this? You don't even understand the business logic and want to take money from our tigers. Are we idiots?"

Bill looked down at the stack of documents Alan fell on his desk. The top BP (business plan) impressed him very much. This is the hottest project in the field of shared economy.

Several similar projects have been invested in them before. I don't know why this one was returned. He and other colleagues who reviewed this BP think this one is much better than the previous ones.

Bill was about to ask, and Alan said:

"From today on, the number of projects you report to me can only be one fifth or even one tenth of the previous ones, that is, the projects screened according to your previous thinking and standards must be screened for me for another 5-10 times until there are only one or two left, or even none. I'm not a garbage recycle bin. Don't put any projects Throw them all in front of me! "

Bill looked at each other in silence. He didn't understand what the team leader had done today. He didn't understand why he was so angry. What's more, he didn't understand why he was so strict about the project card. To know the number of successful project financing, he directly linked it to their performance and bonus, and cut down only one-fifth or even one tenth of the previous one, Doesn't that mean that their bonuses should also be reduced by a fifth or even a tenth?

When it comes to their own personal interests, several people are naturally unwilling. They are trying to stand up and argue with Allen. The investment director in the distance greets Allen.

Allen glanced at several people. He knew that they had ideas in mind, so he could only leave one sentence first: "what can I say when I come back? Now it's not a matter of money, but whether we can keep our jobs."

When several people were puzzled by the meaning of Allen's words, Allen, who had turned and left, came a low voice curse: "hit, damn capital winter!"