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Invested in the top big guys of Liu Qiangdong and Ding Lei, and sought milk and bread in the community group

author:ZAKER Finance

On April 7, a screenshot of a WeChat note titled Xu Xin Kathy asking for bread and milk in a Shanghai neighborhood group circulated in the Internet industry.

The "Xu Xin" in the figure is referred to as the founder of Today Capital, known as the "Queen of Investment", Which has aroused huge industry attention.

Invested in the top big guys of Liu Qiangdong and Ding Lei, and sought milk and bread in the community group

According to public information, as the founder of Today Capital, Xu Xin is the behind-the-scenes supporter of giant entrepreneurs such as Ma Huateng, Ding Lei, Liu Qiangdong, Wang Xing, etc., and is a well-known top investor in the field of domestic investment.

Similar to those invested entrepreneurs, Xu Xin's own experience is also legendary. After graduating from Nanjing University in 1988, Xu Xin worked at the Bank of China Indoctrination, doing repetitive work such as "registration, photocopying, and stamping".

In 1991, Xu Xin, who did not understand accounting, memorized the entire accounting textbook, passed the relevant examination of British certified public accountants, and won the job opportunity of PwC in Hong Kong.

During PwC's three-year workday, Xu Xin worked late into the night and took time to prepare for eighteen CPA exams.

In 1995, Xu Xin, who was good at studying and performing well, was recommended by Puhua to enter the Hong Kong investment institution Baifuqin, and in the same year, Xu Xin, who was in his 20s, handled the joint venture between Wahaha and Danone in France at Baifuler.

At that time, Zong Qinghou was trying to move the French Evian model to China, and Xu Xin, as an investor, watched a series of business operations after Zong Qinghou, as if opening the door to a new world, and since then he has strengthened his belief in investment.

Invested in the top big guys of Liu Qiangdong and Ding Lei, and sought milk and bread in the community group

In 1998, Xu Xin joined the Barings Investment Group as the Managing Director of Barings Investment China, officially entering the venture capital industry. Subsequently, Xu Xin was like a hanging, starting from the initial China Talents Network, and the investment road "all the way to flowers".

When the 29-year-old Ding Lei started a business, Xu Xin gave him 5 million US dollars, and then Ding Lei made NetEase. In 2003, Ding Lei became the richest man in China at that time, which was also the first richest man invested by Xu Xin.

In 2005, Xu Xin founded Today Capital, focusing on the domestic investment market.

In 2006, Liu Qiangdong, the founder of JD.com, took the initiative to find Xu Xin, hoping to obtain a $2 million investment. Xu Xin eventually added $8 million and invested $10 million in one fell swoop to JD.com. Since then, about $7 million has been added, for a total of $17 million in investments.

In 2014, JD.com was listed in the United States, and Xuxin Today Capital received a huge return of more than 150 times because it held a large stake in JD.com.

It is also because of the battle of Jingdong that Xu Xin has established the title of "Queen of Venture Capital" in the investment circle.

Invested in the top big guys of Liu Qiangdong and Ding Lei, and sought milk and bread in the community group

Compared with JD.com's 150 times return, Xu Xin got more in Tencent's investment case. Xu Xin once celebrated Tencent's 22nd birthday in the circle of friends, saying, "16 years have passed, I have not sold a share, as soon as I have money, I will increase my position, and the return of more than 500 times is gratifying." "

In addition to the Internet giants mentioned above, Xu Xin has also participated in the investment in a well-known brand such as Meituan, Ctrip, Zhihu, BOSS Direct Hire, Dingdong Grocery Shopping, Urban Beauty, True Kung Fu, Catch-up Network, Dianping, Three Squirrels, Liangpin Shop, West Young Master, Vipshop, Mafengwo, And Xiangyi Materia Medica.

It can be seen that Xu Xin's investment has almost completed the full coverage of categories such as eating, wearing, traveling and playing, and has finally achieved success.

His great achievements in the field of investment have also led Xu Xin to be named one of the "25 Most Influential People in Asia" by BusinessWeek magazine and one of the top ten most influential venture capitalists in China by Investment & Cooperation Magazine.

It is precisely because of the many halos that Xu Xin's speech in his community group has attracted much attention. Under the continuous fermentation of public opinion, Xu Xin, as a party, also made an explanation and response in his WeChat circle of friends.

Invested in the top big guys of Liu Qiangdong and Ding Lei, and sought milk and bread in the community group

Xu Xin said in the circle of friends that because his children brought their classmates to play at home, there are currently 12 people living in the family, and the daily food demand is large, and they will also participate in the group purchase of the community.

Xu Xin also admitted that the current problem of buying milk and bread has been solved, and I hope that everyone will cheer together and hope to return to normal life as soon as possible.

Produced by ZAKER News

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