Rebirth of the Age of Wealth

Chapter 501 I would rather make a mistake than let it go

Li Weidong This is a disguised promise. What the company's father, the financial backer, promised can clearly motivate the employees.

In fact, Jingwei Investment not only provides early-stage venture capital, but also mid- and late-stage equity investments. This integration makes Jingwei Investment’s scale unusually large.

Even though three independent subsidiaries have now been spun off, the scale is still quite large, and management expenses are withdrawn at a rate of 2% in accordance with international practice, which is a large amount of money.

Theoretically, the income of the company's employees should be very considerable, otherwise there would be no crowds trying to get in, and there would even be cases where graduates from prestigious universities would serve as the front desk.

However, some national conditions and market factors must be taken into consideration. The domestic venture capital market is not yet mature, there is not enough experienced talent accumulation, and the number of employees is much larger than that of internationally advanced venture capital companies.

Taken together, the income of domestic employees is lower than that of mature international markets. Of course, this low is only relative, at least in cities like Beijing, Shanghai, and Shenzhen.

But who dislikes their high income? Naturally, the higher the better!

The higher part is definitely the core incentive. You have to make money for the company, and then the boss can reward you with part of the profit.

Otherwise, where would you have the nerve to take this part of the excess income? In fact, under normal circumstances, the company will commission proportionally based on the income. The higher the return on investment, the higher the income.

However, this has a scope of operation, and it is also where the authority of the person in charge of the company lies. If everything is done according to the rules, the person in charge of the company may have less say.

Moreover, according to the domestic situation, this kind of operation according to the rules is unreasonable. The authority of the leader should be reflected in the mystery of the unknown, so that you can't guess.

Li Weidong pressed his hands down, and then said: "In addition, I will suggest that the company improves the salary and assessment system, and further improves the reward system until we become a partner!"

The applause from the crowd was even more inspiring. Those present here were all core personnel of the company. Although they were attracted by being able to afford the surrounding houses, it was certainly not as tempting as becoming a partner.

Now Jingwei Investment has very high requirements for partners, and so far only a few start-up veterans have this qualification.

This qualification means that with a certain amount of company shares, you can make a fortune together with the company. With the investment return rate of Jingwei Investment, you can be considered as entering the fast lane of wealth growth, and achieving financial freedom is just around the corner.

You can also become the manager of the company and get a very high profit share of the entire company. With the size of Jingwei Investment and the annual income, this is another huge sum of money.

Li Weidong's promise made them full of energy. Naturally, they came to work just to make money, for the sake of money and house, so as to achieve financial freedom.

Li Weidong was very satisfied with their response. His proposal was not a whim, but an improvement based on the current domestic situation.

After joining the WTO, the pace of foreign venture capital entering the mainland is bound to accelerate, and the only way to quickly gain a foothold is to poach people and win over partners.

As one of the few venture capital companies in the country, employees of Jingwei Investment will definitely face this temptation. Although the salary he is currently offering is not low, it cannot meet the strategic needs of some international capital.

Buying horse bones for thousands of dollars is not something only Chinese people can play. Finding people who understand domestic investment is the fastest way to gain a foothold. Spending more money is nothing!

Li Weidong cannot place any hope on the loyalty of these employees. Loyalty is only because the salary and expectations are sufficient. If someone can give a bigger pie, it is not unethical to resign.

Later, Li Weidong came to Jiang Zongtao's office, which was probably the best location in the building. Standing at the huge floor-to-ceiling window, looking out, he could overlook the core area of ​​the entire capital.

According to regulations, there cannot be any building higher than 45 meters within the Second Ring Road. However, this building is located immediately outside the Second Ring Road and is not subject to this restriction. Instead, it has become a commanding height nearby.

In the evening glow, the red bricks and green tiles of the palace in the distance emit brilliant brilliance under the setting sun, showing its majestic momentum.

A surge of emotion arose spontaneously. Li Weidong guessed that this should be caused by the imperial thoughts flowing in his bones, the sad "imperial city roots"!

Jiang Zongtao poured a few cups of tea and said to Li Weidong, who was looking at the scenery outside the window: "Chairman, drink tea!"

Then he signaled to Liu Dachun and Doubian, "Mr. Liu, Mr. Zhu, please!"

"Your office is good. You can see the imperial city when you stand up. The core of the entire capital is within your sight!" Li Weidong turned around and said with a smile.

"By chance, I originally wanted to rent Building B on the west side. It was cheaper there, but there was only one floor on the top floor, so I rented the one here. When Mr. Zheng came up to take a look, he was shocked and immediately

Agree to rent it!”

"Actually, Mr. Zheng originally wanted to move the head office here, but later he stayed in Shanghai for various reasons. This office is more convenient for me!" Jiang Zongtao explained with a smile, and deliberately showed it on his face.

Looks like a bargain.

"Well, Lao Zheng has read a lot, so Beijing is more suitable for him. There is not such a rich cultural heritage in Shanghai!" Li Weidong nodded.

Jiang Zongtao pondered for a moment and then said with enlightenment: "I understand when you say this. No wonder Mr. Zheng has to look around every time he comes. It turns out that he has a sense of cultural identity. He even bought a courtyard house. When he came to the capital, he

He lives there, it is said to be his family’s ancestral home!”

"That's right, his old man's wishes are finally satisfied, Sijing!" Li Weidong was stunned and sighed.

It can also be seen from this incident that Zheng Sijing is a person who values ​​filial piety and friendship. Li Weidong is very satisfied that filial piety is the first priority. Even if such a person is bad, he cannot be bad.

"What's going on with Mr. Xu? In what year did he come to the company? His investment style is quite radical!" Li Weidong took a sip of tea and asked casually.

Jiang Zongtao glanced at Li Weidong's face, trying to guess what the boss's impression of Xu Xin was, or to choose a suitable way of speaking, but Li Weidong's face was relatively calm, and there was no emotion at all.

In desperation, Jiang Zongtao said in a calm tone: "Xu Xin, a native of Shancheng, was probably born in 1965. I have her resume here!"

Jiang Zongtao stood up as he spoke, first walked behind the desk, took out a bunch of keys, then opened the cabinet next to him and took out a file box.

"This is the work resume of the company's middle-level and above employees. Xu Xin graduated from the Foreign Languages ​​Department of Jinling University in 1988 and was not a major. This impressed me deeply!" Jiang Zongtao took out Xu Xin's resume and said to Li Weidong.

The employees in their company are usually in finance or law, and the lesser ones must be in related majors. However, there have never been employees majoring in foreign languages, so the company employees gossiped a lot about Xu Xin at that time.

After a while, Jiang Zongtao saw that Li Weidong had finished reading the resume, so he talked about some things that could not be seen on the resume. After all, the resume on the resume was relatively blunt, and it simply recorded where he worked in a certain year and month!

"After graduation, she worked at the headquarters of China Construction Bank, and later at an accounting firm. She worked for about three years, and then worked at Peregrine Investment Bank. Depending on the time, she experienced the rapid development of Peregrine!"

Peregrine is an investment bank based in Hong Kong. It has not been established for a long time, but its momentum has been very strong in the first two years. In less than eight years since its establishment, it has helped companies raise more than 170 billion yuan, making it the largest investment bank in Asia.

.

Of course, it is not known whether there is any connection with the mainland, because in recent years, mainland companies have been listed on Hong Kong Island most frequently, and almost 70% of them have Peregrine as the listing sponsor.

But if you grow too fast, you can easily stumble. Of course, no one can say whether there is a conspiracy theory in this. Anyway, it was because a guaranteed loan could not be repaid, and later because the bank that originally promised the loan cut off the loan, it had to declare bankruptcy.

"After the financial crisis broke out, Peregrine went bankrupt due to debt problems. At that time, China International Securities wanted to acquire it, but it was later ruled by the Hong Kong Court that BNP Paribas would take over it. Mr. Yu was quite depressed at the time!"

There were even more tricks here. Wanguo Securities wanted to acquire the company, but actually offered better conditions than BNP Paribas, but the final decision was that they still lost. Naturally, Yu Yuan couldn't give in, so he made some small moves.

Jiang Zongtao continued: "Although the acquisition was not successful, Mr. Yu gained a lot. During that time, Peregrine's employee turnover was serious. Many employees and executives left Peregrine and joined Wanguo Securities. The power of Wanguo Securities

It’s grown a lot!”

"Xu Xin entered Wanguo Securities at this time. At that time, he was already the director of the asset management department at Peregrine, and later planned to be appointed as the head of asset management of Wanguo Securities' Hong Kong branch!"

"Before taking office, I participated in internal advanced training at the Shanghai headquarters. At that time, Mr. Zheng happened to go to Wanguo Securities to discuss the listing of a project with Mr. Yu. He asked Mr. Yu to talk a few words. This is where Xu Xin

That’s when I met Mr. Zheng!”

"After the meeting, Xu Xin asked Mr. Zheng for advice on several investment issues. Mr. Zheng admired her very much. It happened that we were setting up the second venture capital department here, so she was recommended to be the deputy director here. After a while, she became a venture capitalist.

Director of the second department!”

Jiang Zongtao continued with a smile: "It is said that Mr. Yu was very depressed at the time. He tried his best to empty out Peregrine. Before it became popular, one of the generals was poached by our Jingwei Investment, and he blackmailed Mr. Zheng.

A few more meals!”

"But Mr. Zheng's vision is that Mr. Xu's ability is very outstanding. The first project he came to the company was to invest in NetEase. At that time, NetEase was still in Yangcheng and was not under the jurisdiction of our Beijing company. Logically speaking, we cannot invest and should transfer it to

Shencheng Branch!”

“But I don’t know how Mr. Xu persuaded the founder of NetEase to move the company directly to the capital, so that we had the opportunity to invest in NetEase. Later, you suggested that we invest more, and then we invested in several rounds.

Shares now!”

"Now Mr. Li from Shencheng Company complains to me when nothing happens, saying that we don't follow martial ethics and snatch the project from her. As a result, I don't dare to see her or answer her phone calls!" Jiang Zongtao complained helplessly.

.

Of course, it's just a complaint. Don't say that he didn't know about this beforehand. Even if he knew, he would treat it as if he didn't know. Good projects must be snatched up. Besides, they have moved to the capital, so it naturally belongs to his territory.

"Now that NetEase is listed, the market value has soared. In addition, the current valuations of several companies she invested in are good and the results are outstanding. Mr. Xu's position has become more and more stable. Sometimes Gao Wei has to give her face!"

Li Weidong nodded. Although he still didn't remember where he had seen her, these experiences also showed a problem. This lesbian was a talent.

Peregrine was able to make her the director of a department, which shows that her abilities have been recognized by the company. Later, Yu Yuan made her the person in charge of the asset management of the Hong Kong branch, which shows that her abilities are also recognized.

Zheng Sijing also took a fancy to her ability, and when she came to the company, she proved that she has good abilities and is at least qualified to be the director of an investment department.

If there are so many layers of screening, if it is just superficial, those without any ability will have been eliminated long ago. The fact that he is still in this position already shows that he is a talent.

Moreover, Li Weidong quite approves of her investment ideas. Li Weidong is rich, so his idea is that he would rather make a mistake than let it go. Future history proves that the rate of return on a successful investment in the early stages of a business will be high enough to make up for the relatively low investment.

Hit rate.

Li Weidong put down her resume and said casually: "So, she is really a talent. Venture capitalists need to be bolder. There is no profit without risks. If you train her well, she might be the next partner!"

Jiang Zongtao was startled and used his partner as bait, which was not small. He quickly said: "Yes, yes, she is now a reserve force that the company focuses on cultivating!"

Li Weidong held a tea cup and said to the commentators on the sidelines: "Those who can create excess profits for the company must be heavily rewarded and must take the lead in promoting. You draft an assessment and reward plan according to the consistent practice in the industry and report to the company."

!”

"Yes, I will organize people to study this plan as soon as possible!" Jiang Zongtao said quickly, should this plan include rewards for the company's main leaders? Is this a question?

After chatting for a while and drinking a pot of tea, Li Weidong got up and left. Jiang Zongtao sent Li Weidong downstairs. After watching him leave, he returned upstairs and took a look at the somewhat reserved young lady standing at the front desk.

say.

After returning to the office, not long after, Xu Xin walked into Jiang Zongtao's office. After a while, the receptionist lady also walked into Jiang Zongtao's office.

After a while, the two of them walked out of the office one after another. The receptionist was so happy that he couldn't hide it.

"Lu Min, you will go to the second team from now on. I will ask your manager to teach you well. If you don't know anything, you should seize the time to learn. Time waits for no one. I hope you can become familiar with the process as soon as possible and then start joining the project team!"

"Mr. Xu, thank you for allowing me to join the investment department. Don't worry, I will definitely work hard and study as quickly as possible. I will not embarrass you!" Lu Min said quickly.

"It's not to embarrass me. You have been with the company for more than a year. I don't need to tell you how high the company's elimination rate is. Anyone who doesn't adapt has to pack up and leave. The impact on me is to recruit new people.

Just a newcomer!"

"Also, you should thank Mr. Jiang or others. He asked you to come to our second department. There is no need to thank me. And the way you thank them should not be verbal, but to do a good job and prove that you

Ability!" Xu Xin answered sharply.

(End of chapter)