Chapter 884 "Zhejiang Province Cash King"
On the way back to Hangzhou from Wuzhen, Tan Jincheng took the Maybach of Laoma without hesitation.
"Don't look like you haven't seen the world before, okay, you have one too."
Lao Ma was confused by Tan Jincheng's mature look, and was amused by his way to touch the left and right as soon as he got in the car.
In private, he had almost no contact with Tan Jincheng, but he heard some rumors from others. Now it seems that this guy is really the case.
"You are much more luxurious than my interior. Besides, my car didn't drive much. Uncle Ma, why don't you change it to ES8? How about I customize a top-end one for you?"
"Okay, I'll change the EP9 you gave me."
"Tsk tsk, your endorsement fee is too expensive, but if you are really happy to change it, I am really willing to give it away, but I have to wait for the next batch."
As Weilai's first concept pure electric sports car, only six were produced in the first batch, and they were given to several founders including Shen Nanpeng who were of great help to Weilai.
The one belonging to Tan Jincheng is placed in the lobby of the imperial capital Wangfujing Experience Store for exhibition purposes.
"What are you doing in Hangzhou? By the way, I heard that you invested in a technology company during the conference this time?"
Boss Tan hasn’t personally invested for a long time, and he actually took action himself during the Internet conference. It is also a big and small news in the investment circle.
"It's like that when I switched to Yangcheng to attend the auto show. I think that company is quite interesting. If their products are developed, we can use them. Besides, the founder and I know each other, so I invested in such a thing, and venture capital is not worth mentioning."
This year's Yangcheng International Auto Show has opened today, on the 18th. Due to the itinerary conflict, he has not been able to pass it for the time being. However, this year, the lieutenant has come to so many new cars, so he has to show his face to promote it.
However, the transition to Hangzhou is not entirely because of the opportunity. It is more or less related to the investment Lao Ma mentioned.
After the party, Tan Jincheng and Wang Xinxin had some private communication. There were many entrepreneurs in their circle. Tan Jincheng meant that if there were good projects, he could introduce them to him.
This time, I mainly came to Hangzhou to see Wang Xinxin's project. In addition, Wang Xinxin would introduce a few people to him, and they all used this kind of hard technology.
"Ha, it's not a small news that you took action yourself. Now that company called Yushu has been paid attention to by many people. If they can survive the B round, it will definitely be a good company."
This kind of hard technology startup company is somewhat different from Internet companies. After the B round, it basically means that their products have been recognized to a certain extent and have a certain degree of hematopoietic ability.
If the product sells well, it will not even need financing to go public later. This is different from the rounds of blood transfusions on the Internet. Only companies that do not have profitability or are very cost-effective need rounds of financing.
It's like bee, it has melted countless wheels, like a bottomless pit.
"It's too early to say that success is successful, but their prototype robot dog has been quite successful."
"You are an alternative. This year everyone invests in shared bicycles, but you don't invest in anything. Instead, you are attracted by such a long-term hard technology."
The online car-hailing market in 2016 calmed down, and the takeaway war was almost over. Then, in the second half of the year, the prosperity of shared bicycles and the rise of red and yellow blue, investment institutions entered the market with money as if they were going crazy, which was destined to be another big battle.
Wang Xinxin also complained when he was in private communication with Tan Jincheng that the investors they were looking for were more willing to invest in bicycles. In their opinion, the speed of investing in so-called robots is far faster than investing in bicycles.
"I'm not optimistic about their model. I have to pay a deposit before riding a bike. Isn't it just like the barber shop in Hangzhou?"
"Haha, your mouth is really toxic, but the young men who started their business all have some backgrounds, so they shouldn't be the same as the Hangzhou barber shop. Besides, there are so many investment institutions, they are not short of money at all."
"That may not be."
Tan Jincheng thought so in his heart, but he wouldn't say it. It's normal for Lao Ma to have such an idea. Nowadays, shared bicycles are indeed booming. In the name of solving the last three kilometers of travel, the market size is very large.
Even many places have followed this model, and Ningbo City has also launched a lot of shared bicycles in surrounding districts and counties.
But Tan Jincheng knew that he couldn't continue to do this thing. The market did not require so many shared bicycles. The current market size is a bit overestimated, so how could he need so many shared bicycles?
"But you have made some sense. We will pay attention to the investment in the future."
Because Tencent voted for Mobike, they voted for the little yellow car. These two companies are considered to be arguing, but judging from Lao Ma's attitude, it is obvious that he doesn't care much about Tan Jincheng's statement.
Tan Jincheng didn't care either, he was too lazy to vote.
When he arrived at the territory of Hangzhou, Tan Jincheng changed back to his car and reminded Lao Ma again when he left. Lao Ma was really convinced of this kid, but he thought that Tan Jincheng's repeated instructions would not be able to do without taking care of it.
"Go away now, I will contact you as soon as possible."
After Tan Jincheng left, Lao Ma couldn't help but smile: "Everyone said that this kid is a sixth child. It seems right now, but it's not difficult to deal with."
Lao Matou is a human spirit, so he could naturally feel Tan Jincheng's resistance to him. He didn't quite understand where this resistance came from, but he could see that Tan Jincheng was easier to deal with.
This young man has a very positive idea, but he is still very rational in doing business and is more credible. In recent years, Gaode has done whatever he says in his cooperation with Ah Li, and he will not do anything small in private.
Although the two of them are considered unconfrontational, he thinks this young man is good alone, and at least he is more at ease to cooperate with him.
Perhaps this time the help is a good opportunity for cooperation.
After parting with Lao Ma, Tan Jincheng didn't take this matter seriously. Lao Ma agreed to help, but he was not omnipotent. HTC is an enterprise in the same country, but because of its special nature, Wanwan may not be willing to sell it to the mainland.
Perhaps in their opinion, selling to Google is more in their interest than selling to lieutenant.
In short, it is not much more difficult to acquire the HTC mobile phone team than Meizu, but unfortunately, it is still a little later.
"What does your company name mean?"
It also belongs to Binjiang District. Xixing Street can be said to be a gathering of big factories, including Ali, Pig Factory, Hikang, Zongheng and other well-known companies. Yushu also has an office on this street.
"Hehe, there is nothing special about it. This is not Chinese, mathematics and foreign languages. My foreign language is not good, so just remove it."
The big boss and big fund owner came to inspect the company. Wang Xinxin and their team were still very excited. In just a few days, because Tan Jincheng's investment made their company's popularity rise rapidly.
It only takes a few days to find financing objects to attracting attention from the capital circle. This is the reflection of Tan Jincheng's status in the investment circle.
"Haha, it's interesting, but if you succeed, you don't need to explain this way, just say that we are based on domestic autonomy."
Well, do the big guys all rise in height like this?
Wang Xinxin's team is relatively young, most of whom are born in the 1990s. When they first met the big financial boss, they were very excited and busy taking photos. However, they calmed down now. Tan Jincheng had a good attitude and was kind to everyone.
"Mr. Tan, your EP9 is very cool. Can this car be mass-produced?"
"You ask, can you afford it if you mass-produced it?"
"It's great to be able to afford it and see more on the road. There are only six in the first batch, but it's too few."
Tan Jincheng laughed and answered everyone's questions: "Our EP9 may be mass-produced in a certain period of time in the future. Everyone knows that we still have a sports car brand of Lotus, right? Lotus will develop in the direction of electrification in the future."
"When the technology has been accumulated almost all, our lieutenant will definitely launch our own sports car model."
"As for whether this classmate is worried about whether he can afford it, then this will be left to your Mr. Wang. Mr. Wang leads everyone to make the feather tree bigger and stronger. Then a sports car is definitely not a problem. I believe you can do it."
This cake is so drawn, but people are still very fond of this kind these days. Tan Jincheng's big cake made everyone, including Wang Xinxin, excited.
He gave Wang Xinxin a wink, and Wang Xinxin drove the team members away and took Tan Jincheng to his office.
"How is it? Are you more confident when you pay more attention?"
"Indeed, it was a bit surprising that many institutions called us at the beginning, but now they have calmed down. Our main work should speed up the R&D as soon as possible."
"Yes, it makes sense for you to think so. You sell products. Unlike traditional Internet companies, it is useless for robots to be able to lead technology. If you have been at DJI, you should understand this principle."
"As for the financial aspects, you don't have to worry. If you need a Series A financing, you can still find me; of course, if you have a better choice, I respect you, and everything is considered from the perspective of corporate development."
"In addition, if you have other problems, such as how to deal with ZF, you can also ask me. If you need my help to coordinate, you can also find my assistant, but there should be no such problem in our place."
Zhejiang Province has had very high policies on talents and high-tech in recent years. Many of the people who started their own businesses in Zhejiang Province not long after graduating from a university were actually for policies.
For some high-tech enterprises, the approval procedures are simple. Not only the entrepreneurs themselves can get talent subsidies, but the companies can also get a fund of startup funds. This is very attractive for many start-ups.
"Hehe, there is no better source of funds than Mr. Tan. I must have held your thigh firmly."
With so many companies and investment industrial chains under Tan Jincheng, there are many robots that can be used. Just one potential big customer is enough to hold him tightly, let alone a big financial backer. "Please give me a good idea. Let's find a place to chat with my friend you want to make an appointment. You can make sure the location is, don't be too far away. I only have two hours to go to Yangcheng."
The itinerary at the end of the year is tight, and Tan Jincheng's time is really tight, especially in the past few days, it is already very good to be able to take two hours to come to Hangzhou.
"I understand, I have made an appointment with them. They are waiting in a private restaurant and just treat you to Mr. Tan to a meal."
"Then let's go."
After the subprime mortgage crisis in 2008, the decline in industrial growth rate in Hangzhou intensified, and the GDP growth rate ranked last among the 15 sub-provincial cities in the country from 2009 to 2013. Under this background, Hangzhou decisively transformed into the field of digital informationization.
Against this background, Hangzhou has vigorously promoted digital construction since last year, and has attracted more and more founders to come to this city through a series of policies and capital.
This time, Wang Xinxin wanted to introduce two people to Tan Jincheng. One was Zhu Qiu, a doctoral student from Zhejiang University who was with him. He was also a researcher of bionic robots. The two had a lot of communication in the industry, and Wang Xinxin received a lot of help from each other on the XDOG prototype.
The other one was a little surprised. Tan Jincheng, the boss of Huanfang, did not expect that Wang Xinxin would know him.
"It's wasted your time, Mr. Tan."
"Dr. Zhu, Mr. Liang, I'm lucky to meet you."
One is the manager of the 10 billion fund, the other is a doctorate from Zhejiang University, and the other is a post-90s entrepreneur. This combination is a bit strange no matter how you look at it.
The newest ⊥Xiao⊥Speak⊥Send⊥Six⊥9⊥Book⊥⊥⊥⊥Back⊥⊥⊥⊥!
Zhu Qiu is the oldest here. He probably saw Tan Jincheng's doubts: "Don't get me wrong, Mr. Tan. I heard Xiao Wang say that you have invested in his company and will pass by Hangzhou again this time. I thought there was such an opportunity to meet you and listen to your views on the humanoid robot market."
Liang Wenfeng continued to smile and said, "My idea is very simple. I will take advantage of Mr. Wang's relationship. I want to hear Mr. Tan's opinion on reducing his holdings in Nvidia to buy graphics cards. Speaking of which, our company is also buying graphics cards."
"As for how Mr. Wang and I met, it's up to Mr. Wang to do it himself."
Wang Xinxin smiled and said, "It's about stock trading. I lost a lot in the bull market last year. Later, by chance, I saw that Mr. Liang's quantitative fund returns were quite good, so I invested a little, and the returns before the end were not bad."
"I want to invest in your fund by Mr. Tan, but unfortunately your fund is almost not open to the public, and we don't have this opportunity."
Tan Jincheng suddenly smiled: "So that's it. I will answer Dr. Zhu's question first. I dare not say much about the specific technology of robots, but from the current growth rate of personnel costs and some efficiency, the robot market has made great achievements."
"The premise is that you have to be absolutely leading in technology. I would like to say a benchmark company, that is, Mr. Wang's former boss, DJI. If you become DJI in the robotics industry, you don't need to have any worries."
"Mr. Tan highly respects DJI?"
"Yes, a very unique enterprise has absolutely leading technology and is driven by technology. No matter what kind of market environment it faces in the future, it will be without fear of competition. I even think DJI is better than our Weilai."
If you dare to get stuck, I dare to raise the price. This is the confidence to be absolutely leading in technology. Wei Lai can't do such a magnificent level.
Zhu Qiu nodded with a smile. Tan Jincheng's words were relatively empty, but it also pointed out a path, which is to use absolute technology as the driving force. For example, if their relatively "niche" market has absolutely leading technology, there is no need to worry about the future of the company.
"Mr. Tan has pointed us in the direction. Xiao Wang understands it?"
Wang Xinxin nodded repeatedly, Tan Jincheng waved his hand and smiled, "Dr. Zhu also has plans to start a business?"
"Not yet, but the future will be different. At that time, I will inevitably ask Mr. Tan to fight Qiu Feng?"
"No problem, then I will book this venture capital position in advance. I hope Dr. Zhu can still remember us by then."
"Then I can't forget the designation. You transferred 5 million to Xiao Wang without saying a word. I don't know how many young men who started their own businesses in Hangzhou are envious."
"Haha, this is what it should be. Venture capitalists must have the awareness of venture capitalists. If you give some money, you will be stingy. If you affect the development of the company, what else can you invest in?"
"Okay, let me answer Mr. Liang's question next. Storing graphics cards is still for computing power. You also know that our Orange Technology plans to transform into artificial intelligence. The computing power of artificial intelligence"
Orange Technology plans to build a data center in Ningbo City, which requires a lot of investment. Tan Jincheng's stockpiling of graphics cards and other graphics cards is prepared for Orange Technology.
The biggest problem with artificial intelligence is computing power, and it is necessary to build a super-large data center. Currently, China Mobile and Ali have announced the construction plans for super-large data centers in China.
China Mobile plans to invest 9 billion yuan to build data centers in Henan and Anhui, and Ali also plans to invest 6 billion yuan to build data centers.
Other large companies such as Tengxun and Juhua Factory also have plans to launch data centers. Tan Jincheng wants to develop artificial intelligence, which is definitely not a verbal statement.
The construction of large-scale data centers must be promoted, and stocking up graphics cards is only one aspect.
"Mr. Tan wants to build a data center? That's a huge investment."
Liang Wenfeng was a little surprised. He was a fund player. This news can be said to be very important to him. In addition, he was sweating a little coldly.
Can he listen to this?
Tan Jincheng also realized that he had lost his words. These people were all the same age as him and did not have so many intrigues. He felt a little relaxed for a moment.
He nodded and said, "Well, big companies must have this demand."
He won't say much about the next step. In fact, he has been in progress in planning the data center. The separation of businesses of the three major sectors has the benefits of separation, but it is a bit troublesome when it comes to resource integration.
No matter which one is built in the data center, it is more troublesome to use the other two. It is not enough to get one piece of the data center, which is a bit too wasteful.
Selling Ding Ding, Gaode Map, and Tianmei Studio, throwing the responsibility of operation to Orange Technology while recovering funds. This is the first step he takes. While reducing holdings of Nvidia to recover funds, this is the second step.
The third step is to build a large data center by Juliang Engine, the "old father", and the three "sons" provide resources to enable the data center to achieve stable operation and development, and feed back to the three companies.
The benefit of doing this is that the data center is completely controlled by Tan Jincheng, and the second is that it can also reduce the waste of resources. In the future, these three companies will have to pay some cost if they want to use data centers to operate, and can also form a healthy financial operation of huge engines.
In the middle of the year, Weilai Group encountered some doubts, and Juliang Engine had to announce its position status to deal with Tan Jincheng's domineering response, which indeed dispelled doubts about the financial status of his company.
But at the same time, it also caused quite a lot of trouble to Tan Jincheng. He was so rich!
Apple has 18.2 million shares, worth $2 billion, Tesla has 8.9 million shares, about $1.78 billion, and Nvidia has 55.8691 million shares, worth $5.6 billion!
The market value of these three listed companies alone is $9.38 billion, which is not counting as the market value of Xiaomi they hold about 50 billion yuan. These four companies alone can bring over 100 billion yuan of cash flow to Tan Jincheng.
I won’t talk about other messy holdings such as SF Express, Ningde Times, Tengxun and BYD.
The shareholding distribution of these four companies alone shocked the crowd, but the list of the two rich people was the one who slapped the most.
After the announcement of the positions of the Juliu Engine, the two richest people's list was over and they had no credibility.
According to the rich list released in September, Tan Jincheng ranked fifth with a net worth of over 110 billion yuan. However, it can be seen from the top ten positions announced by Juliu Engine that Tan Jincheng should undoubtedly be the richest man in 2016.
The key is that Lao Wang’s net worth is a debt, and Boss Tan’s net worth is mostly valuable stocks, and most of them can be cashed out at any time.
I don’t know how valuable this is.
The title of "Zhejiang Province Cash King" has since been worn by Tan Jincheng. Even Lao Ma is so envious. Having so much money, if you have billions of projects, you can still make a project worth tens of billions of dollars, just like playing?
At the same time, everyone can understand why Ding Ding and Gaode can develop so well without financing. There is no way, my dad is too rich!
If you have too much money, you have to spend some money. It is most appropriate to invest in the construction of data centers with a huge amount of engine. The preliminary plan is that the investment in the construction of the data center will not be less than Ali's 6 billion yuan.
According to Ali's announcement, the data center they started in March this year is planned to be put into operation in April next year, with 100,000 servers planned.
The data center of the huge engine is planned according to the lower limit of this standard.
The plan is under implementation, but the location has not been selected yet. To build a data center, we must choose a location with rich power resources. Ali's 6 billion project is placed in Hebei Province, and China Mobile is also placed in areas like Huainan and Henan Province capitals.
Where to place his data center has not been decided yet. This thing is too big to choose a piece of land.
"Okay, I understand, it's me that I'm a little presumptuous. Don't say anything later. I'm afraid I'll go in."
Student Liang responded with a wry smile.
"Haha, it's not that this is not the core business of a listed company. We are about to announce the plan; Besides, I'm wrong."
Tan Jincheng comforted him that due to this sensitive issue, everyone would no longer ask questions in the future and shifted the topic to the current Yangcheng Auto Show.
This year's Yangcheng Auto Show is very interesting, with various luxury cars and concept cars occupying the absolute protagonist position.
"Hehe, I'm going to fight them this time. Let's go here today. The trip is really a bit tight. If you have the chance to go to Ningbo City next time, remember to find me and I'll be the host."
After more than an hour, I met two new friends, but Tan Jincheng had to leave, and the trip would be delayed any later.
(This chapter ends)