Chapter 97: Profits of over billion US dollars
As soon as Yang Hai finished speaking, Li Ying and Lu Manman couldn't help laughing. Lu Manman said with a smile.

"If you think like this, young people won't have to look for jobs anymore, and companies will be full of old men and old women working. Just think about how terrible this situation is."

"Haha! Just stop talking! You made me want to laugh again. I was just joking with him. How could I really ask him to do this?" Li Ying said hurriedly.

"Even if we really do this, what's the point? There are no young and beautiful girls in the company, but are there any outside?"

"How can we control this kind of thing? As long as he wants to find it, there are many ways to do it. He doesn't have to look for it in the company!"

"Besides, even if she needs to worry about it, it's Shen Ruobing's business. What does it have to do with the two of us? We're not her wives."

Yang Haique said: "How can it have nothing to do with you two? You are also my women, my wives! Although we can't get a marriage certificate, the absence of a marriage certificate does not mean that you are not my wives!"

"You are so shameless! You are monopolizing Shen Ruobing over there, and you are thinking about us two over here. You are the typical greedy person who wants more while having his fill." Li Ying laughed.

"You are greedy if you want. Anyway, you have slept with me, so you have to be responsible for me. But you are the mother of my child, so aren't you my woman? Aren't you my wife?" Yang Hai said shamelessly.

As he spoke, he reached out and held the two of them in his arms, one on the left and one on the right, really hugging them left and right.

The two of them just struggled symbolically, and then seemed to accept their fate and let Yang Hai hold them in his arms.

Seeing that the two men stopped struggling, Yang Hai understood what they were thinking. It seemed that they did not resist him, so it would be easy to deal with.

Yang Hai listened to the fetal movements of the two babies in turn, and then began to inspect the American branch.

Before leaving the company, Li Ying instructed the company's vice president to prepare a dinner party a few days later in the evening and invite Silicon Valley business celebrities to attend.

In fact, the main invitees are executives from Washington Associates’ US branch and some companies invested in Silicon Valley.

Yang Hai's purpose of coming to the United States to inspect the American branch is, of course, not just to inspect the American branch. If it was just to inspect the American branch, there would be no need for him to come. He still trusts Li Ying.

Li Ying's residence is very large, it is a single-family villa in the wealthy area of ​​Silicon Valley. After Lu Manman came to the United States, she also lived with her.

The decoration of the villa is also very luxurious, with a butler, nanny, Chinese and Western chefs, and armed bodyguards. This level of luxury is only higher than the Xiangmi Lake No. 1 Villa where Shen Ruobing lives.

Yang Hai couldn't help but say after seeing it: "The place you live in is really high-end! It's more luxurious and more upscale than where I live!"

"This is America. How can it be the same as in China?" Li Ying didn't mind letting Yang Hai know how good her living conditions were.

"Don't think that I live in such a nice place just for my own enjoyment. This is to send a message to the outside world, to show the strength of our Huasheng Investment U.S. branch. This is also a kind of advertising for our Huasheng Investment Company, the U.S. branch."

"And didn't you tell me that the global financial crisis will eventually end? When the global financial crisis ends, the economy will recover and housing prices will rise. Not only will the housing prices return to the level before the financial crisis, but they will also exceed the level before the financial crisis."

"When I was ordered to come to the United States to set up Huasheng Investment Branch, it was almost the most serious period of the financial crisis and the lowest housing prices in Silicon Valley."

"So I bought such a luxurious villa not only to show the strength of our company and allow me to enjoy a better housing environment, but it is also an investment, an investment in the company's fixed assets."

"By the way, I used the company's name to buy not only this luxury villa, but also a lot of real estate as the company's fixed assets. Now these properties have begun to appreciate in value, so this part of the investment is not a loss."

Yang Hai smiled and said, "Since I dare to let you take full charge of the US branch, I naturally believe in your investment vision, so I will not object to any project you invest in."

"And you've already told me in your work report about investing in fixed assets in the United States. I've already agreed to your investment plan. I was just sighing just now."

"Now that I see you living in such a good environment, I feel more at ease. At least living in a place like this is safer."

"I'm glad you have no objection. I was worried that you would blame me for wasting the company's resources." Li Ying said with a smile.

"I was planning on paying the rent for this villa if you have any objections!"

"Haha! Aren't you slapping me in the face? As the CEO of the American branch of Huasheng Investment, you live in the company's own house and even pay rent to the company. How do you want others to see our Huasheng Investment company?" Yang Hai said with a laugh.

Not to mention the past, now that he knew that Li Ying was pregnant with his child, Yang Hai would not argue with Li Ying about the rent of the house.

Now Li Ying is his woman, and she is pregnant with his child. Isn't it the right thing for her to spend his money and let him support her?

Besides, Li Ying also has a job, so he is not being supported in vain.

Moreover, the work of Huasheng Investment's US branch is also very good, and it has invested in many high-quality projects. Although there is no obvious return now, the returns of venture capital cannot be seen so quickly. Generally, venture capital projects are relatively long-term businesses.

The purpose of a venture capital company investing in a company is to take the company public.

As long as the startup company can successfully go public, venture capital companies can usually reap huge returns, and returns of dozens or hundreds of times are normal.

It is possible that the returns can be hundreds or even thousands of times higher. Venture capital companies are betting on the future development of the company, so it is not possible to get returns in a short period of time.

However, as the company's valuation continues to rise, it actually means that profits have already been made, and there is no need to wait until it goes public to evaluate the returns that can be obtained from the investment.

For example, if you invest in Facebook, it has been more than a year now and Facebook's valuation has increased. This increase is actually equal to the profit obtained after the investment.

There are also shares acquired from shareholders of companies such as Apple and Amazon. Since the share prices of Apple and Amazon have soared over the past year, these rising share prices are equivalent to the profits obtained after the investment.

Moreover, this part of the profit can be cashed in immediately. You only need to sell the stocks you hold.

Although as the stock price changes, large-scale stock sales may cause the stock price to fall and the profits may be slightly reduced, the stock prices of these companies have risen several times over the past year, so even so, the profits are still considerable.

Although theoretically, a venture capital firm’s maximum return on investment in a company can only be calculated after it completely exits the company, what is the actual return on investment?
But if you withdraw after more than ten years, or have not withdrawn at all after several decades, does it mean that there is no profit?
Obviously, this is impossible. As the valuation of the company you invest in grows, or as the market value grows after listing, you can know how much return you have made on your investment.

Although Huasheng Investment's US branch has only been established in the United States for a little over a year, it has invested in many companies and other projects, and some startups have also begun to make A, B, or C rounds of investments.

Therefore, the valuations of these companies that Huasheng Investment Branch has previously invested in have now increased significantly, and these are the returns after the investment.

For example, last year we invested in Groupon, a group buying company, and acquired 400% of its shares for US$1600 million. Based on this, the company's initial valuation was US$ million.

For a startup, this valuation is not low.

This year, Groupon completed its first round of financing and successfully obtained US$1 million in financing, but only sold 1350% of its shares. As a result, Groupon's valuation reached US$10 million.

After dilution, Huasheng Investment Branch's original 25% stake still holds 22.5% of the shares. Based on the revalued $135 million, the value of these shares is more than $30 million.

In just less than a year, the $400 million investment appreciated to more than $3000 million, so the return on the investment was more than $2600 million.

However, Li Ying also followed Yang Hai's instructions and invested US$135 million, so her original % stake was still maintained and was not diluted.

Li Ying completed everything Yang Hai asked her to do without hesitation. She also did things beyond Yang Hai's instructions without hesitation. She chose suitable investment projects according to her own preferences and vision.

Although Yang Hai once said that he was not short of money, although Li Ying invested in many projects, the money she invested was actually far less than the projects that Yang Hai instructed her to invest in.

Because the projects that Yang Hai asked her to invest in, the investment amount can easily be hundreds of millions of dollars, tens of millions of dollars, and those are small investment projects. Investments like the investment in Groupon, which is a few million dollars, can be said to be very rare. It seems that among the projects that Yang Hai asked her to invest in, only this company is an investment project below the tens of millions of dollars level.

The investment projects that Li Ying chooses herself are basically between several million and tens of millions of dollars, and there are very few investment projects worth hundreds of millions of dollars.

But there was no way around it, because many of the projects that Yang Hai asked her to invest in were also projects that she was optimistic about.

For example, investing in Apple is also an investment project that Li Ying is optimistic about, and the same goes for Amazon.

But if Li Ying were to invest, he would not be able to invest such a large amount of money.

In addition, in addition to investing in start-up companies, Li Ying's investment style seems to have been greatly influenced by Buffett. Almost every company that Buffett is optimistic about, Li Ying also invests some money, but her investment tends to be more conservative, which is also related to the amount of funds she can independently control.

Although Yang Hai told her that he had no shortage of funds, Li Ying would not invest without any scruples. The risk was too great and the investment was too adventurous. Even if Li Ying participated in the investment, she would not invest too much money.

Because she has to be responsible for Yang Hai and live up to Yang Hai's trust in her.

Even if the investment failed, it was normal for a venture capital company and Yang Hai couldn't blame her, but she would not invest recklessly.

After all, other people’s money is not your own money. Even if you don’t have to take any responsibility, you must still be prudent and avoid making mistakes rather than seeking credit.

But it doesn't mean that she will do nothing just to avoid mistakes. She will wait for Yang Hai to tell her what to do. She will invest in whatever project Yang Hai tells her to invest in.

Why would Yang Hai spend so much money to invite her to the American branch to take charge of the work?

In fact, Li Ying really did nothing but carry out the investment projects that Yang Hai instructed her to do. Yang Hai would not blame her, let alone get angry.

Because Yang Hai essentially wants her to do this, but Yang Hai can't really ask her to do this, because that would be like looking down on her and treating her like a puppet.

So Yang Hai still supported Li Ying on the surface and looked for project investments on his own. Anyway, as long as Li Ying carried out the investment tasks he assigned to her seriously, that would be enough.

As for the investment projects decided by Li Ying, Yang Hai could accept them as long as the losses were not too outrageous.

However, after listening to Li Ying's work report and looking at the follow-up of some investment projects, Yang Hai felt very good and satisfied with Li Ying's investment vision and ability, as well as the development of these investment projects.

In less than a year, according to the latest development and valuation of those invested projects, excluding those projects that Yang Hai instructed Li Ying to invest in, the current profits have more than quadrupled.

Such investment returns can be said to be very amazing. She is worthy of being called the female version of Buffett.

The total investment in the investment projects selected by Li Ying was less than 100 billion US dollars. According to the current valuation, it has reached to billion US dollars, with a profit of more than billion US dollars.

Even Yang Hai couldn't help but be shocked after seeing this data.

You have to know that what Li Ying invested in was not futures, and she was not a reborn person. As the executive president of his Washington Investment Management Co., Ltd.'s US branch, she earned more than 100 billion US dollars in investment income for the company in just over a year. This achievement is something that even a real Buffett would not necessarily be much better than hers.

However, this is also related to a specific time. After all, he took office as CEO of the US branch in the second half of 2008, which was when the United States was most severely affected by the financial crisis. It was also when the value of many technology companies in Silicon Valley was seriously underestimated, and many venture capital companies in Silicon Valley were also short of money.

If you invest at this time, you will naturally earn more, which can basically be said to be buying at the bottom.

After March 2009, the U.S. stock market soared, and the market value of many technology companies also soared. Take Apple as an example. In just half a year, its market value rose from less than US$3 to US$80.

But even so, the return on investment obtained by Li Ying is still very amazing. It is more than 4 times the profit. The longest investment period is less than a year, and the shortest investment period is only a few months.

With such impressive investment performance, is it excessive for Li Ying to live in such a luxurious villa?
Not to mention that the assets of this villa are still under the name of the company. Even if this villa is given to Li Ying, what will happen?

Yang Hai doesn’t know about other bosses, but he definitely won’t feel sorry for them.

How much is this villa worth? A few million dollars at most, but probably less than 10 million dollars.

It doesn't matter even if it's worth 10 million US dollars. Even if it's worth 100 million US dollars, Yang Hai is willing to give it to Li Ying without hesitation because she deserves it.

"You have made great contributions to the company over the past year. When you transfer this villa to your own name, it will be considered a bonus from the company." Yang Hai said generously.

"What about me? You gave Li Ying a villa, so what will you give me?" Lu Manman asked with a smile.

"Have I not made a huge contribution to the company?"

"I was typing code for the company in front of my computer late at night with a bulging belly."

"Who told you to type code in front of the computer in the middle of the night with a bulging belly?" Yang Hai asked back.

"Don't you know that it's not good for pregnant women to sit in front of the computer for too long?"

"Don't you know that computers emit radiation?"

Lu Manman pouted and said unconvincedly: "Isn't this the job you told me to do? Didn't you tell me to ensure the normal operation of the system and timely updates?"

"Now you're blaming me."

"How do I know you are pregnant? You didn't tell me. If I don't blame you, then why do you blame me?" Yang Hai said angrily.

"Don't you know you're pregnant? You're still sitting in front of your computer typing code all day. What if something happens to the child? How do you expect me to deal with you?"

"Isn't it the same for Li Ying? She has to work even when she is pregnant. Isn't she also handling company work in front of the computer?" Lu Manman said unconvinced.

"Why do you only blame me and not her? You even want to give her a villa as a reward. This is so unfair to me. I object, I protest, I don't accept it."

Li Ying was so angry that she slapped Lu Manman on the shoulder and said, "He said that you were the one who was talking about me. Why do you bring this upon me? I didn't offend you. How could you cheat me like this? I took such good care of you."

"You are my best friend after all! Best friends should share the hard times and happiness together." Lu Manman said with a laugh.

"Is there a best friend like you? What you are saying is sharing happiness and hard times together. It's clearly stabbing me in the face." Li Ying also scolded with a smile.

"Okay, I'm really scared of you. Just tell me what gift you want."

Yang Hai spoke helplessly when facing these two slightly crazy women.

"I want a luxurious private yacht." Lu Manman said bluntly.

"This villa is big enough for Li Ying and I, plus our future children."

"If we have a private yacht, we can take our children with us and travel around the world on the yacht."

"You're still traveling everywhere. Aren't you afraid of encountering pirates?" Yang Hai couldn't help but complain.

(End of this chapter)