There are not many listed enterprises in China, and the data shows that the total market value of Listed Companies in China will reach 91.2 trillion yuan in 2021. Among them, among the listed enterprises at home and abroad, the market value of more than 9 trillion yuan has exceeded 9, ranking first is the household name Tencent, which is also the only enterprise in the mainland with a market value of more than 3 trillion yuan.
A company's market capitalization can reach such a scale, it must be very good, for this success, people will always give credit to the founders. But in fact, whether a listed company can grow, there is another role that is crucial, that is, venture capitalists.
Getting investment is the key to whether the company can continue to develop, after all, entrepreneurship is very "burning money". Even Tencent, the "first market value in the country", has had a moment of imminent closure, and eventually it is only by investment that it can continue to grow. Speaking of which, there are many excellent investors in China.
At the end of 2021, Forbes released the China Venture Capitalist 100, it is worth mentioning that in the top 10 of the list, there are only 2 women, one of which is today to say, the founder of Today Capital - Xu Xin.
Our country's first generation of venture capitalists
Xu Xin can be said to be one of the earliest venture capitalists in China, known as the first generation of venture capitalists in the industry, and it also has the title of "Queen of Venture Capital". Speaking of which, his experience in the venture capital field is far more exciting than that of many entrepreneurial entrepreneurs.
Xu Xin was born in Chongqing in 1967, and his reading grades were not good when he was a child, but he still relied on his own efforts to be admitted to a key high school and was also admitted to Nanjing University. After graduation, Xu Xin started working as a bank teller, but because of her excellent work, she got a valuable opportunity to study certified public accountants in the UK as long as she passed the exam.
So she once again won the opportunity with her own efforts, and after three years of training in Hong Kong, she was successfully admitted to the British CPA. In 1995, a turning point in Xu Xin's life, he gave up banking-related work to enter the investment field, and eventually became the managing director of Barings Investment China.
Since stepping into the field of investment, Xu Xin has begun to flourish, what everyone does not know is that many excellent enterprises in China have relied on Xu Xin's investment to get up.
Cast 2 richest men
In Xu Xin's experience, the most talked about is that there are 2 richest people in China who have invested in her. The first is Wahaha founder Zong Qinghou, this experience has directly changed the consumption pattern of our country, in that era without mineral water, Zong Qinghou wants to move the foreign model to China is very difficult, the only one who supports him is almost only Xu Xin.
In 1995, Xu Xin directly gave Zong Qinghou an investment of 40 million US dollars, and it can be said that it was with this investment that Wahaha was able to continue to develop until the fire. Eventually, Zong Qinghou became China's richest man in 2010 with a wealth value of 80 billion yuan.
The second richest man is Ding Lei of NetEase. In 1999, Xu Xin worked as a Barings, invested 5 million US dollars for NetEase, NetEase experienced the Internet bubble after the listing, the stock price fell from more than 30 US dollars all the way to less than 1 US dollars, Xu Xin still tried to keep this investment.
In the end, NetEase carried over, Ding Lei became the youngest richest man in China in 2003, and Xu Xin also made the company get 800% of the income, it can be said that such a "win-win" situation, all thanks to Xu Xin's vision.
Of course, in addition to the richest man, Internet tycoon Liu Qiangdong has also been Xu Xin "sent charcoal in the snow", when Jingdong's search for investment was repeatedly rejected, Liu Qiangdong was even rumored to be white overnight, and it was also Xu Xin's 10 million US dollars to let Jingdong continue. From these three cases, Xu Xin's ability can be seen.
Of course, as a venture capitalist, Xu Xin's excellent resume is more than that.
Full of honors, excellent venture capitalists
Xu Xin's full honor in the venture capital circle has begun from the period of his tenure in Barings, and the data shows that during this period, Xu Xin's return on personal investment is as high as 61%, and the return on total investment has reached 95%, which is definitely among the best in the circle.
In 2005, Xu Xin created today's capital, managing up to 1.5 billion US dollars, and the highest yield reached 800 times. What does this mean? It means that 1 yuan can be recovered by throwing out 1 yuan, and such an excellent venture capitalist is no wonder that he is called the "queen of venture capital".
In the investment circle for more than 20 years, Xu Xin has invested in many enterprises, such as Zhihu, Ctrip, Meituan, etc., and Xu Xin has been present, and these are all successful enterprises. However, it is interesting that Xu Xin's husband Li Song is also an entrepreneur and the founder of Zhen'ai Network.
But Xu Xin has never invested in Li Song, which makes many people very curious. In this regard, Xu Xin also responded in an interview, saying that her husband is a better investor, and such investment in the venture capital circle is also an unwritten "taboo".
But in any case, Xu Xin's ability we are all in the eyes, it is precisely because of this, with vision, capable investors, China has so many excellent enterprises continue to rise, everyone say is not it? Do you know any other good investors? Feel free to leave a message in the comments section.