Chapter 49 Small talk among investors
Young is a veteran in the domestic investment industry. He worked at Soros Fund in New York from 1996 to 1999 and assisted in managing a $3 billion hedge fund.
As a senior investor, he received the honor of "Forbes Best Venture Capitalist" last year.
This experience of investing in Science and Technology Biotechnology has made him more excited and excited than "Forbes' Best Venture Capitalist".
What he regrets the most is also from Science and Technology Biologics, and regrets why he did not participate in the first round of investment.
Due to the raging epidemic in Shanghai, young stayed in Shenhai most of the time this year.
IG's office in Shenhai is on Jinling West Road in Jing'an District, and young is chatting with Stephanie of Goldman Sachs.
They are both investors in the Science and Technology Innovation Biologics project and have had close contacts recently.
Young paced in the office: "When I was investing in the B round of Science and Technology Bio, I had a premonition that it would become the most successful project I have ever handled."
"I just didn't expect it to succeed much faster than I imagined. I never thought before that I wouldn't be willing to go public in the company I invested in. I hope it will go public later and let me burn more money."
Young has participated in the projects that he has invested in. There are many celebrities unicorns in the market such as iQiyi and Bilibili.
But when investing in these companies, listing is the end.
Stephanie had no choice but to say: "Who wants Kechuang Bio to go public so early? With Zheng Li's leadership, the value of brain-computer interface is much more than that."
"The recent winds of the primary and secondary markets are blowing the metaverse, and the value of science and technology innovation creatures can only be fully reflected in the metaverse."
At this time, nft was already popular, and a purely digital work of nft was sold at a sky-high price of nearly 70 million meters.
The meta-universe wave that has emerged from the currency circle has affected the venture capital industry, and more and more startups claiming to be the meta-universe.
Executives of Goldman Sachs like Stephanie received much earlier news than the outside world. She knew that Facebook and Google were going to enter the meta-universe.
"Science and Chuang Bio will be listed just after the B round of investment is over. No one can meet Zheng Li, let alone convince him to postpone his listing."
"As long as he is still at Kechuang Bio for a day, we will continue to invest."
Young shook his head helplessly: "Who isn't it? Our head of IDG's Lion City office wants to see Mr. Zheng, but Mr. Zheng doesn't see him at all."
"According to our news in Lion City, Mr. Zheng stays in the laboratory every day and does not go out. He does not need socializing or entertainment. He is a genius who is completely immersed in his own world."
Stephanie chuckled and said, "I heard something before. After Zheng Li went to Lion City, the wealthy families in Lion City were very happy, such as Zheng Li, who were the top geniuses."
"In the Chinese terms, it's a rich generation, with a net worth of over 100 billion meters and no family constraints behind it. It's a perfect marriage partner."
"Several families in Lion City have daughters of appropriate age. They want to ask Zheng Li to attend the dance party, and the main purpose is to make a match."
"Zheng Li didn't go there once. Later, when Lion City National University held an honorary doctorate award ceremony for Zheng Li, a family specially arranged their daughter to attend."
"After a few words, Zheng Li told her that the underlying principles of brain-computer connection technology was implemented. The young lady had never seen this attitude, and she had to pretend to be hard without understanding it."
"After the talk, Zheng Li asked her a few questions. If it was a business question, the lady might be able to answer it. The lady could not answer it at all because of the statistics algorithm."
"After a simple chat, it is said that Zheng Li vaguely despised him with his IQ, which led to the eldest lady who came home and said that she would never see Zheng Li again. Going to see him once made her doubt about her IQ."
Women are usually gossipy, and even Shin Hai, who is thousands of miles away, Stephanie can find out the gossip about Lion City.
young couldn't help laughing: "If my daughter is of the right age, I want to marry her to Mr. Zheng."
"A rich man of the level like Mr. Zheng is still so simple, and it is really not easy to have scientific research in his life."
"For the wealthy families in Lion City, Mr. Zheng's wealth is secondary, and his genes are the most important."
"Money is not that important to Mr. Zheng. The most important thing for him in our observation is to ensure a quiet and high-quality research environment and do what he wants to do."
"We have no means to interfere with Mr. Zheng's decision, and we do not need to interfere with his decision. As long as he maintains such efficient and reliable R&D capabilities, we can always hold stocks of Sci-Tech Bio."
Stephanie nodded and said, "Yes, he really doesn't value these things. If it were me, just a patent for brain-computer connection could be re-registered."
"He put the patent for brain-computer connection to a new company, and we can't do anything to him. It's reasonable and legal."
"Including when I was having a remote video conference with him, I mentioned that Sci-Tech Bio can adopt the vie structure to register a company in the Cayman Islands, and then list on the US or Hong Kong stock market."
"I'm afraid Mr. Zheng won't understand, so later Lei Jun came down and explained it in detail to him. Zheng Li just calmly said that he didn't need it. Even if doing so would bring him great benefits."
There is no need to pay tax on holding stocks in China, but you have to pay tax on trading stocks to cash out.
young: "Mr. Zheng is now in Lion City. People from all walks of life in Lion City have repeatedly stated that if he wants to immigrate to Lion City, they will give the green light, and Mr. Zheng did not agree."
Any news in the top investment circle is circulating very quickly, especially like Zheng Li, who is the absolute controller of the largest unicorn company on the market in recent years, has been active in this circle.
Like Li Miaomiao, who was only twenty years old, was able to become the executive vice president of Science and Technology Biotechnology. All kinds of rumors emerged one after another. Li Shuyao had heard a lot of them in CICC, but she just didn't tell Li Miaomiao.
young continued: "You should know that Mr. Zheng's company belongs to B. He does not need to consider public opinion. Science and Technology Biotechnology is not a to C enterprise, and public opinion will not have any impact on him."
To The full name of b is to business, which means that my customer group is mainly corporate customers; to �
This is a very common saying in the Internet circle.
Even if it is endorphins, Kechuang Biologics sells major hospitals and channels, rather than individual customers.
Stephanie: "He is a very simple and special person. Every time he communicates with him, he hits the nail on any problem, but it always makes people feel that he lives in his own world."
Chapter completed!