Chapter 208: How could I lose when I have a God’s perspective?
Bai Ting luxury house is not far from the community.
The whole store was in an uproar at the sight of the black elongated Phantom.
After Huang Zhaoqi got out of the passenger seat, he diligently opened the back door for Qi Sheng.
All his colleagues looked at him with envy and jealousy.
Working in the luxury property agency business, who wouldn’t want to serve such wealthy people?
Huang Zhaoqi was also lucky as he was unexpectedly chosen by Qi Sheng.
"Mr. Qi, Ms. Qu, please come this way."
Huang Zhaoqi led the way in front, and the store manager trotted over and extended his hand enthusiastically.
"Hello, Mr. Qi. I am Wu Tai, the store manager of Baiting Mansion Lujiazui Store. I am honored to have the opportunity to serve you."
"Well, hello."
Qi Sheng's attitude was very calm, and there was no need for him to be too friendly towards these agents.
As God, it was only natural that he was warmly received by them.
Who asked him to wait and pay the agency fee out of his pocket?
It didn't take long before the owner came over.
"Hello, I'm Wang Han, and this is my business card."
Wang Han was a little surprised to see that the buyer was so young, and quickly handed over his business card.
"Hello."
Qi Sheng also took out his business card and exchanged it with Wang Han.
"Shengxuan Group... Chairman of Banyan Tree Group?"
Wang Han had never heard of the Shengxuan Group mentioned above, but he was very familiar with the Banyan Tree Group.
Recently, many of his friends have strongly recommended it to him.
If I have the opportunity to travel on business, I must choose a Banyan Tree hotel.
Compared with hotels of the same level, Banyan Tree hotels provide a better sleeping experience.
I have several old friends who often suffer from insomnia.
I even booked a suite at Banyan Tree Hotel for a month.
Since sleeping in Banyan Tree, I wake up refreshed every day.
Even office efficiency has been improved a lot.
"I'm so disrespectful. I didn't expect Mr. Qi to be the boss of Banyan Tree Group."
Wang Han became even more enthusiastic towards Qi Sheng.
As a qualified businessman.
From the feedback from his friends, it is not difficult to judge that the valuation of Banyan Tree Group is about to skyrocket.
"Wang Han?"
Qi Sheng felt that the name sounded familiar.
When I saw the row of titles on the business card, I suddenly understood.
"Mr. Wang is the young master of Junyao Group?"
"Haha, that's all in the past. I'm now officially taking over the company's business. We can cooperate more in the future."
Wang Han was not at all surprised that Qi Sheng recognized him.
As a wealthy young man who once caused a sensation and was often made fun of by the people.
Wang Han had long been accustomed to it and his expression was very calm.
"Your father is indeed a legendary figure. Mr. Wang is so outstanding that he has a successor."
Qi Sheng didn't mind saying some polite words.
I really admire the founder of Jun Yao Group.
He started from scratch and built Junyao Group.
It covers four major business sectors, namely aviation, dairy, department store retail, and investment and real estate.
Jun Yao Group made its fortune in the dairy industry in its early days and later entered the private aviation sector.
The major shareholder of Juneyao Airlines is Junyao Group.
If the founder Wang Junyao had not died young.
Jun Yao Group’s market value may be even higher.
Both of them wanted to get to know each other, and were not in a hurry to discuss the house transaction.
Instead, we had a very enjoyable chat about all sorts of things.
Wang Han, 32 years old this year, rarely comes into contact with people of his age who have similar personal wealth.
It was also a pleasant surprise to meet Qi Sheng.
This house was an asset he acquired shortly after Juneyao Airlines went public.
As for him, he owns several luxury houses in Shanghai.
The core business of Jun Yao Group includes investment and real estate.
I finally waited until the two of them finished the topic.
Huang Zhaoqi immediately took the opportunity to bring up the main matter.
"Mr. Qi, then we will settle for a total price of 80 million, and each of us will bear the relevant taxes and fees."
"The agency fee is 1% of the total price. You and Mr. Wang will each pay half. What do you think?"
"no problem."
Qi Sheng nodded readily and smiled at Qu Man.
“Just write your name.”
"Thank you, husband~"
Qu Man took a deep breath and looked at the thin contract seriously.
Write your name and put your fingerprint.
As long as Qi Sheng transfers the money to the intermediary company's escrow account.
The COFCO Seaview No. 1 luxury house worth 80 million yuan.
It will officially become a fixed asset under her name.
Thinking of the 80 million mansion, Qu Man's heart was filled with emotion.
Once upon a time, her biggest dream.
It’s just a matter of returning to Chengdu and buying a large flat with an area of about 150 square meters.
The favor Qi Sheng showed her far exceeded her expectations.
"Haha, I can help with the transfer at any time, why don't we go through the process now."
"I'll host you tonight. Mr. Qi and his wife must honor me."
Wang Han glanced at the contract briefly and signed and put his fingerprints on it just as quickly.
The contract is drawn up in triplicate, with each party retaining one copy.
"Boss Wang is so kind, of course I have to give him face."
Qi Sheng did not refuse. After paying the 400,000 yuan agency fee, he walked out of the store with Wang Han.
In front of the agency, two black luxury cars were parked side by side.
One of them is Qi Sheng’s stretched Phantom.
The other one is Wang Han’s Bentley Mulsanne.
"Wow, extended Phantom?"
Wang Han raised his eyebrows, not quite surprised.
I'm just a little surprised that Qi Sheng would like this kind of car at his age.
"I bought a courtesy car for the hotel. It's just right for getting around in Shanghai."
Qi Sheng explained with a smile and patted Qu Man's beautiful back.
"Manman, go sit in the passenger seat. I want to have a good chat with Mr. Wang."
"Okay, husband."
Qu Man opened the passenger door and sat in obediently.
"Haha, that's great. Let me take advantage of Mr. Qi's help and experience the charm of the extended Phantom today."
Wang Han didn't bother to be polite and followed Qi Sheng into the back seat of the Phantom.
As for Huang Zhaoqi, who needed to accompany Wang Han to handle formalities, he naturally could only ride in Wang Han's Bentley Mulsanne.
Even a Bentley Mulsanne is a luxury car worth several million dollars.
For a worker like Huang Zhaoqi, it is also an unattainable existence.
…
Inside the car.
Qi Sheng took out a bottle of Princess Louis champagne from the small refrigerator.
After opening it, he poured a cup for himself and Wang Han respectively.
Qu Man didn't like drinking, so he didn't pour her a glass.
Wang Han sat in the comfortable airline seat in the back row, looking at the meteor ceiling above his head.
Gently shaking the champagne glass, I couldn't help but feel emotional.
"Tsk tsk, it's worthy of being called Phantom. Which girl wouldn't love this meteor top?"
Just like the jokes on the Internet.
I used to think that goddesses liked stars.
Little did people know that the goddess liked the meteor roof of the Rolls-Royce.
"With Mr. Wang's strength, it's not easy to buy a Phantom."
Qi Sheng crossed his legs comfortably and sipped the champagne in his glass.
"I can afford it, but it's not necessary."
Wang Han smiled and shook his head, "Mr. Qi, has Banyan Tree Group ever considered raising funds? I just happen to have some spare cash."
"Banyan Tree Group is in good financial condition and has no need for external financing in the short term."
Qi Sheng refused without thinking.
“That’s a shame.”
Wang Han felt a little regretful, but he also understood Qi Sheng.
If he had such a hotel group.
They will definitely cover it up tightly and not give others the chance to share the meat.
The young master of the local tyrant Jun Yao Group.
Wang Han just said hello and completed the transfer procedures very quickly.
They found a private restaurant and Wang Han warmly entertained them.
Seeing Qu Man holding the big red book in her hands lovingly, she looked as if she was dizzy with happiness.
Qi Sheng shook his head helplessly and continued to toast with Wang Han.
After three rounds of drinks, Wang Han heard that Qi Sheng had actually set up a venture capital company.
Moreover, they poached a big shot trader from Blackstone, and immediately became interested.
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
"Ah Sheng, how much money do you expect to raise for Jinshi Capital?"
"The tentative amount is 5 billion. I will personally invest 1 billion and raise 4 billion from external sources."
"You invested so much money yourself?"
Wang Han was stunned for a moment, and his interest grew.
"How much are your management fees and carry (performance share)?"
Qi Sheng didn't care too much and casually introduced Jinshi Capital's fundraising plan.
"We are a short-term fund with a lifespan of five years."
"If DPI is less than 1, we will waive the management fee and provide investors with guaranteed dividends at an annualized interest rate of 12%."
“If DPI=2, then a 2% management fee and 20% carry will be charged.”
“If DPI=5, then a 5% management fee and 50% carry will be charged.”
“If DPI>8, only the capped 8% management fee and 80% carry will be charged.”
After listening to Qi Sheng's introduction, Wang Han opened his mouth in surprise.
Generally speaking, DPI (dividend return on invested capital) = 1.
This means that the capital of these LPs (investors) has just been recovered.
Only when DPI is greater than 1 can LPs have excess returns.
But in fact, it is difficult for most venture capital firms to even achieve DPI=1.
"Ah Sheng, are you so confident in yourself?"
"certainly."
Qi Sheng smiled and asked back: "If you don't have confidence, why do you do venture capital?"
"Haha, that's true."
After laughing, Wang Han fell into deep thought.
Qi Sheng didn't disturb her and continued to chat with Qu Man in private.
From Qu Man's rosy face, it was not difficult to tell that Qi Sheng's request made her somewhat embarrassed.
After a few minutes, Wang Han finally made a decision.
"Ah Sheng, Brother Wang's 500 million is now in your hands!"
After Wang Han took out the 500 million yuan, he only had a few luxury houses and more than 70 million yuan that was about to be received.
"Brother Wang, are you sure?"
Qi Sheng was also surprised and looked at Wang Han with some astonishment.
"Haha, I believe in your strength, Ah Sheng. You are not unable to handle my 500 million."
"This is the first time I've heard of a fundraising plan like yours that involves gambling. It shows that you have confidence in yourself."
Wang Han said with a smile: "At worst, you can give me an annualized interest rate of 12%, which is much better than what I can buy from financial management."
"Then I wish us to make a fortune together!"
Qi Sheng smiled, stretched out his hand and shook hands with Wang Han.
He didn't expect that there would be an unexpected surprise.
No wonder everyone wants to get into the circle of rich people.
It is indeed easy to promote business cooperation between each other.
"Oh, by the way, I have a friend who also has a lot of cash, but he has been holding on to it tightly and not daring to invest it. I'm going to call him out now."
After Wang Han finished speaking, he dialed a number.
It only took a few words to get the other party over.
By the time the other party arrived, the dinner was almost over.
"Lao Wang, you called me after you finished your meal, what does that mean?"
Xu Yi glared at Wang Han while muttering to himself, feeling somewhat annoyed with this bad friend.
"Haha, who told you to stay at home so much? Let me introduce you. This is Qi Sheng, the chairman of Banyan Tree Group."
"The Banyan Tree Resort where you booked the suite is a brand of the Banyan Tree Group."
"Mr. Qi, this is Xu Yi, the old second monkey and the founder of Bilibili."
Wang Han introduced the two people with a smile.
"Some time ago, he just pledged part of his shares, and he conservatively estimated that he had 500 million in cash."
"Don't brag about me. You are a rich man. I can't compare to you."
"Hello, Mr. Qi. It's an honor to meet you."
Xu Yi is not tall and his appearance is ordinary.
But he is the founder of Bilibili, a paradise for domestic 2D fans.
"I'll call Banyan Tree Hotel later and ask them to upgrade Mr. Xu's room."
"Haha, I'm welcome then."
Qi Sheng smiled and shook hands with Xu Yi. They sat down and exchanged a few polite words.
"Old Xu, don't say that your brother doesn't take care of you. Mr. Qi has set up a venture capital company and hired a big shot from Blackstone to manage it."
"I have invested 500 million yuan, and Mr. Qi has invested 1 billion yuan himself."
"Would you like to invest 500 million yuan to show your appreciation?"
Wang Han put his arm around Xu Yi's shoulders and tried his best to help Qi Sheng fool Xu Yi.
"Hey man, you called me late at night just to get me to invest?"
Xu Yi glared at Wang Han with amusement.
When he looked at Qi Sheng, he became very serious.
"Mr. Qi, how long will your company's fund last, and what will the investment direction be..."
This is an investment of 500 million yuan, so Xu Yi naturally cannot make a decision easily.
After he finished listening to Qi Sheng's introduction, his expression was similar to Wang Han's.
Is Mr. Qi sure he is not a liar? Since he pledged part of his shares, he has more than 500 million in cash.
Fund managers visit us every day.
I want him to become the investor of the other party's fund raising.
The more Xu Yi learned, the less he dared to invest easily.
But after listening to Qi Sheng's introduction, Xu Yi found it hard to resist being moved.
Guaranteed annualized rate of return of 12%.
Even large trust funds dare not make promises easily.
Not to mention, management fees and carry increase in a step-by-step manner.
This shows that Qi Sheng is very confident in his venture capital company.
The most important thing is that Qi Sheng personally invested 1 billion, accounting for 20%.
This makes Xu Yi feel more at ease than those fund managers who are stingy and are only willing to invest 5% at most.
Xu Yi does not expect Jinshi Capital's DPI to really reach more than 8 times.
Even if it's only 2 times, he will make a lot of money.
Of course, Qi Sheng’s strength is the most critical link.
As a die-hard fan of Banyan Tree, Xu Yi is not even interested in buying a luxury house.
Stay in the hotel every day and enjoy the service and excellent sleep quality.
It's more comfortable than at home.
The credibility of the Banyan Tree Group alone is enough for him to feel at ease handing over his money to Qi Sheng’s venture capital company for management.
"Mr. Qi, like Lao Wang, I am willing to be an investor in Jinshi Capital. I will also invest 500 million yuan."
The reason why Xu Yi dares to be so willful is that the market value of Bilibili continues to soar.
Although the current market value of Bilibili is just over 5 billion US dollars.
But Xu Yi is very confident about the future of Bilibili.
The future market value will reach at least 30 billion US dollars.
Excluding the shares he pledged, the remaining shares he holds would be worth billions of dollars.
Even if the DPI does not reach 1, the annualized rate of return of 12% alone is enough to make Xu Yi satisfied.
"Then I wish us a happy cooperation."
Qi Sheng smiled and shook hands with Xu Yi, and he was in a very good mood.
He came to Shanghai to buy a house for Qu Man and even raised 1 billion yuan in funds.
With Wang Han and Xu Yi's 1 billion, plus the system's 1 billion investment quota.
Acquiring Pop Mart is no longer a problem.
Just the Pop Mart project alone.
This is enough to easily increase Jinshi Capital’s DPI by more than 10 times.
For Qi Sheng, who has a God's perspective.
There is no need to be like other investors, trying to find a good deal by chance.
He has a clear idea of all the companies with potential in the future.
To him, this is not an investment at all, it is clearly picking up money! (End of this chapter)