Chapter 508 Exposure
Thinking of Zhou Zhengning being called to Japan suddenly, Chen Qiaoshan was prepared for the worst. The venture capital investment cycle was long and the risks were relatively high. As a newcomer with no performance, it is easy to imagine how difficult it is to raise funds.
Fortunately, this problem is not difficult to deal with. If you don’t have enough funds in the early stage, you will focus on investing in the seed stage. You don’t need to survive until the maturity stage. As long as the projects invested by Chen Qiaoshan are initially effective, some funds will want to enter the market.
Zhou Zhengning is very optimistic about Kang Sheng. To be precise, he is optimistic about Chen Qiaoshan.
The two have been dealing with each other for a long time, and they have a certain understanding of each other. Chen Qiaoshan was born in finance and did not understand Internet technology at all, but he dared to suppress all his wealth and gain control over Kangsheng. With this vision and courage alone, he is a bit in a difficult position to start a business, and it is more than enough to be a venture capitalist.
The betting agreement signed by both parties was about to be decided, but the result was obvious that they became the loser. For the sake of the 20% equity, Jifu Asia needed to compensate the two shareholders for more than one million US dollars.
Zhou Zhengning didn't care about winning or losing at all, because he knew very well that the current 4 million US dollars would definitely not be able to buy 20% of Kangsheng's equity. Even if Chen Qiaoshan wanted to sell it at a low price, Jifu would not agree.
After attending the webmaster meeting, Zhou Zhengning discovered that Chen Qiaoshan's ambitions were more than that. This guy actually started venture capital, so he immediately decided to intervene.
However, the plan could not keep up with the changes. The board of directors suddenly changed its strategy and prepared to increase investment in startup Internet projects. As a result, Jifu Asia and Qingshan Capital had a conflict of interest, and it was not convenient for him to continue to raise financing.
Now that things have come to this point, there is no need to hide it, so Zhou Zhengning briefly explained the whole story.
Chen Qiaoshan did not show any dissatisfaction. Although the other party is an Asian manager, he is not a real family member. This is also the difference between a professional manager and a company boss. Moreover, VCs and PEs are deeply involved in the Internet, which is also a normal event in the future.
"Mr. Zhou, if we can't be partners, we can still be friends. Jifu Asia is still an investor of Kangsheng. There is nothing right or wrong about this, and you don't have to pay too much attention. With our relationship, we can actually make it clear with just one phone call. There is no need to go this trip specifically."
"How can that be? I must explain it myself." Zhou Zhengning felt relieved when he saw that his expression was not as fake. He was optimistic about Chen Qiaoshan's future, and no one knew what step the other party would go.
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Just as Chen Qiaoshan was about to leave Hong Kong, bad news followed one after another.
Eliot suddenly heard news that on September 6, the speculative net long positions of Brent crude oil futures decreased by 2,290 lots in one day. On the Chinese and Chinese, the two U.S. and Brent oil plummeted, with a drop of more than 4%, among which Brent crude oil approached US$45.
In just a few days, Chen Qiaoshan's options income evaporated by nearly four million US dollars, and he also truly realized what book wealth is.
Elliot couldn't sit still anymore and the phone never stopped.
"Iraq's political turmoil has eased, which has alleviated market doubts about Iraq's oil transmission being blocked. Iraq's crude oil exports are likely to restart within two days..."
"The peak season for vehicles in summer has passed, and the decline in oil prices has become a fact..."
“The U.S. Commodity Futures Trading Commission issued an early warning that hedging funds and other large speculators have significantly reduced long positions that are bullish on oil prices…”
……………………
News came one after another, and it was just a matter of summary. The market was bearish and it was time to leave.
Chen Qiaoshan was also a little impatient. Although he knew the final outcome, it was difficult for him to calm down in the face of such a situation.
Chen Qiaoshan was also a little lucky. If it were speculative crude oil futures, he would have been struck out long ago.
Overall, this is not too bad news. At least Chen Qiaoshan can still hold on, but after receiving a call from Yao Yong, he couldn't calm down.
The news leaked, and a big deal appeared in a mess. Qiao Shan from Peking University was warned by his academic performance.
If any student was punished, it would probably not attract much attention.
Even in Tsinghua and Peking University, there are quite a few students who are punished every year. In which year, I won’t catch a few cheaters?
It was different when it was Chen Qiaoshan's turn. Who made him a celebrity either big or small? Once the news broke, it immediately attracted great attention.
There are so many people who offended Qiao Shan of Peking University. Not to mention anything else, there are a large number of people waiting to see his jokes at Tsinghua Economic Management. As soon as the news comes out, they will naturally be happy to hear it.
When Chen Qiaoshan received a call from Yao Yong, he felt that it was very bad. He knew how powerful the Internet was. He often criticized others online. This time he was afraid that he would be criticized. For those who were criticized, one of them was counted as one, and Chen Qiaoshan couldn't remember how many people he offended.
"What's the matter with the network administrator?"
Before making this call, Yao Yong had already notified Wang Sifeng and others one by one. He treated this matter with the intention of being a joke. Isn’t it just a failure? You have a net worth of over 100 million yuan, and you still care about this?
But it is related to the boss, and you have to notify me of whether it is true or not.
Liu Chang was originally going to make this call, but Yao Yong stopped him. There were not many opportunities to tease Chen Qiaoshan, so how could he give it up?
"Some netizens posted on our forum and said that you were being warned about your studies. In fact, there was a similar post yesterday, and no one paid attention to it, and I didn't take it seriously."
"It was nothing at first, but who knew that it would be changed to Peking University Qiaoshan this morning, and it exploded. You didn't watch it. You replied to more than a thousand posts in two hours, and they were instantly topped the real-time hot spots of the forum. Now they have more than 40,000 clicks. Are you going to become popular?"
As he said that, Yao Yong actually smiled, "Dashan, do you know how many people you offended? Otherwise, you can check it online first, and all the posts are placed in formation. Major universities have sent congratulatory messages, others are friends all over the world, but you are so good, there are enemies everywhere..."
Chen Qiaoshan was also amused and laughed and cried by this guy. He really didn't bother to watch the fun. After thinking about it, he asked, "Do you know which post?"
"No need to check, the signature is in the name of Guanghua, and the IP section is also from Peking University. People are still speaking out in the post, saying that you are taking privileges, but they actually find a way to get the college to suppress the matter."
Yao Yong really believed it a little. Chen Qiaoshan is now rich and has a little influence in the industry. He may have found a relationship.
It would be fine to talk a few jokes, but he did not continue to joke, "Dashan, what should I do now? Why would I delete the post?"
"What have you been doing? If you want to delete it, you still have to come and ask me?" Chen Qiaoshan couldn't see it. He was just here to come and ask me.
Yao Yong said embarrassedly: "I'm also considering the forum. You didn't see it. The netizens were so enthusiastic. Students from Peking University came to join in the fun. You said that I, a Tsinghua student, have the courage to delete such a post?"
Chen Qiaoshan knew that things had come to this point, deleting posts was not only ineffective, but would intensify things. The only thing he could do now is to wait and see what he had changed.
Chen Qiaoshan regretted hanging up the phone. He wouldn't have gone to Zhou Sheng if he had known it. It would have been fine if he could cancel his academic warning. Now that he is in trouble, he really means he is trapped.
Chapter completed!