Rebirth of the 92 Business Tycoon

Vol 5 Chapter 723: Mutual fund

The welcoming ceremony was very warm and the atmosphere of the meeting was good. In terms of personnel arrangement, it can be seen that they also used their hearts to provide services for the meeting. They were a few oL-dressed beauties. From the perspective of their skin color, they really did not look like Indians are very white.

And they are all predictable-they are all very professional professional women-they are not the kind of profession that some people expect, but they have a good understanding of the software industry.

The specific manifestation is that sometimes, some of the professional issues that Page and the others are talking about are not very understandable to the officials opposite, but they seem to be very clear.

The host introduced to them India, especially Bangalore, the achievements in the IT industry, very enthusiastic, very proud, very detailed, and very generous.

If someone who doesn't know anything about this industry, after listening to their introduction, they will probably think that this place is the authentic Silicon Valley, not the "Asian Silicon Valley."

Including the Chief Minister and the Minister of Information Technology, in the course of the introduction, a number was mentioned more than once, "In Bangalore, the number of engineers engaged in programming has reached 150,000, officially surpassing Silicon Valley, becoming the world with the most programming engineers. city ​​of,"

Feng Yiping and the others generally don't know the source of this data. What do they say?

But they all expressed congratulations and happiness, because when Ram introduced the local situation before, he emphasized one point: As an ancient civilization, Indians have a strong sense of pride in their national culture.

He also said that in a survey conducted by the Pew Research Center in the United States, 93% of Indians believe that Indian culture is the best culture in the world, and another 63% of Indians believe that India is better than others in any respect. The country is good.

Feng Yiping and the others naturally caught him as an Indian, the point that can't be said straight: people here are very narcissistic!

"We are very optimistic about Bangalore's potential in research and development," Page said.

Minister Singh was beaming, and Minister Sibal's beard curled up.

"This is a magical city. I look forward to setting up our own company here and also looking forward to cooperating with well-known local companies in India," Feng Yiping said.

But only he himself understood what the "magic" in the words meant.

At this time, even Minister Singh's beard has also turned up. Relatively speaking, at present, there are more companies under Feng Yiping, and there are more opportunities to cooperate with local outsourcing software companies.

And Google, although it is very large, it is unlikely to outsource some of its R&D work, including some late-stage R&D.

"We have the best mental workers in the world. Before our software park was established, we sent a lot of high-quality talents to Silicon Valley, but now they all tend to work in China and in Bangalore.

"Affected by the vigorous development of the country, some people who have made good achievements in Silicon Valley in recent years have also returned."

Singh's remarks are true and false.

IT talents in India are indeed inclined to work in China. In recent years, many Indians in Silicon Valley have indeed returned, but the main reason is, of course, the cold winter of the Internet.

With so many companies in Silicon Valley closing down, many native American talents cannot find jobs, and it is even more difficult for Indians to find jobs in the past.

As for the returnees, on the one hand, many businesses were caused by the collapse of Silicon Valley companies. On the other hand, because many of them received short-term visas, they couldn’t extend their visas if they didn’t have a job opportunity. Naturally, they had to go back. House.

"With these talents as the foundation, I believe that the investment of several VIPs in Bangalore will definitely achieve returns beyond expectations,"

"We are pretty sure," Brin said.

Although the welcome ceremony was very careful, although the talks were very lively, and although the three of them were very young, the capital was calm, and none of them had any hot-headed promises on the spot.

The optimistic host is also a little bit discouraged about this result. Of course, they will not show it too obviously, "Then see you at the dinner."

Tonight, the four major local and Indian technology giants, Infosys, Wipro, Tata Consulting Services, and Satyam Computer Services, prepared a welcome dinner for them.

Feng Yiping took the initiative to come to the door, so these companies will naturally not miss this opportunity.

Feng Yiping took a look at Page and them, "We are very optimistic about the development prospects of Bangalore. We also believe that with so many outstanding people gathering here, there will be a lot of start-up companies in Bangalore in the future."

Seeing him talking, the two ministers on the opposite side suddenly lit up. Is there a door?

Feng Yiping's next words really confirmed their guess and what they wanted to hear, "In addition to setting up our R&D center here, as entrepreneurs, we also hope to provide local entrepreneurs with support within our capacity, so we decided , Will set up a venture capital company as soon as possible, with the first batch of funds of 10 billion rubles, to support the entrepreneurship of local startups,"

He named the things he had to do alone by three people. They were so enthusiastic, and even the welcome was so big, he must have the meaning.

Moreover, in terms of prospects and policies, setting up a venture capital institution here is a good choice.

The eyes of the two ministers lit up, and those of women in professional attire lit up.

10 billion rubles means more than 200 million US dollars, and Feng Yiping also mentioned in his words that this is the "first batch" of funds, which means that more funds will be invested in the future!

In Bangalore, the total output value of the software industry last year was just over US$4 billion.

After leaving aside, I directed an investment of 10 billion rubles. Today's efforts have not been in vain.

"Welcome," the two ministers stood up, more enthusiastic than before, shaking Feng Yiping's hand again and again.

Just like in China, what India lacks most is funding. Otherwise, how could their infrastructure owe so much? Otherwise, why would they regard the software industry as a key industry supported by the state?

Because of the poor infrastructure and lack of funds, if we develop the manufacturing industry, we will face too many problems.

Relatively speaking, the requirements of the software industry are the lowest. It does not involve roads, logistics, and many years of accumulation in related industries... To be exaggerated, it is only necessary to provide entrepreneurs with a network cable.

Talking about this, it was a complete success. The government staff who participated in the talks could not restrain their joy and excitement, and lined up to shake hands with them.

Their attitude has also infected Feng Yiping. Apart from other aspects, these government workers have indeed worked very hard.

The reason why an inland city like Bangalore can become the Silicon Valley of Asia, along with Chennai and Hyderabad, has become an important circle of India's high-tech triangle ~ www.wuxiaspot.com~ Their contributions are indispensable.

…………

"In China, in India, the enthusiasm for entrepreneurship and the efforts to change destiny that we have seen are not felt in the United States."

On the way back to the hotel, there was a cow on the road. They had no choice but to stop. Peppa looked at the scene of modern and traditional coexistence, richness and poverty intertwined outside the window, and said with some emotion.

"That's because the lives of ordinary Americans are already quite rich and happy, and naturally they don't have such a big motivation," Feng Yiping said.

"I think the idea that you put forward to provide residents with Internet access through a hot air balloon is very good, and it is necessary to speed up the progress. You see, in terms of Indian infrastructure, it should be more needed here."

"If we can provide network services to the people here, this will definitely provide a great boost to our search promotion,"

"Yes, I have asked them to conduct basic research, but Feng," Page turned his head. "I think we can really set up a mutual fund for China and India, as well as other countries, for those in urgent need of funds. Entrepreneurs, provide entrepreneurial support,"

"Many of them may have good enough ideas, but they don't have the right conditions to start a business,"

Different from Feng Yiping, because of the different environment, sometimes Peppa's focus is indeed higher.

"It's just a venture capital fund specifically for start-ups in developing countries? No problem! Then set up one as soon as possible," Feng Yiping said happily.

Out of consideration for the future, he originally hoped to get closer to the two of Google. It is a good idea to set up a three-person joint investment fund outside of Google.

Peppa took the initiative to propose it, ha ha!

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