The Millennium Semiconductor Survival Guide
Chapter 48 Angel Investment
As Zhou Xin's commercial success expanded day by day, and the valuation of Riot Games climbed from US$500 million to US$200-300 billion, Cao Yongluo became more and more aware of Zhou Xin's strength.
This kind of friendship from the student days is very strong in the eyes of the current Hua people.
Especially Yanda, for a long time, Yanda's classmate association has shown a very strong cohesion.
When Master Yan invests, he subconsciously prefers to invest in the big guys he knows in the Yanda Alumni Association.
Everyone who is Master Yan will have such a preference, let alone roommates in the same dormitory.
As Zhou Xin came to this era by accident after more than 20 years, he also needs friends, not just for profit, but for friends.
Especially in terms of personal emotional needs, there are too many secrets that only he knows, and these secrets cannot be shared with anyone in his brain.
At the same time, he achieved success too quickly and was busy with his own affairs outside. Zhou Xin couldn't make friends on campus like a normal doctor.
The superposition of the two means that he has always had a sense of sorting out in San Francisco at the turn of the century, and there is always an illusion of unreality.
The only professor he is familiar with, Hu Zhengming, has a different personality from twenty years later because of the different ages.
Therefore, after Zhou Xin met Cao Yongluo once, he gained a sense of familiarity that he lacked before from socializing.
After that, he often met with Cao Yongluo, and for Cao Yongluo, he was even more eager to meet the boss.
In Cao Yongluo's view, achieving commercial success in Huaguo and achieving commercial success in Silicon Valley are completely different things. To be able to rise so quickly in Silicon Valley, he has never heard of anyone other than Zhou Xin.
"I inquired, and Wu Shiqiang's family has some connections, but that's all.
But logically speaking, it is also the same, it is very simple, under the current circumstances, it can be dispatched from Huaguo Bank to the San Francisco branch.
No wonder there is no way at home.
Moreover, Wu Shiqiang was assigned to San Francisco instead of places like Johannesburg and Panama, so he obviously needed some connections.
However, he doesn't have much connections. If he had a lot of connections, he wouldn't be just a lobby manager after working in the San Francisco branch for six or seven years. "
To be able to work in San Francisco from Hua Guo Bank in 1993 is obviously not something that can be done through a little way.
At that time, it was a little fairer for the public to study abroad. It is not an exaggeration for nine out of ten to have connections when they go out to work in overseas branches like this.
As for places like San Francisco, there are connections in ten out of ten.
Cao Yongluo told Zhou Xin what he had heard.
Wu Shiqiang is also the head of the business department of Hua Guo Bank San Francisco Branch, who previously provided some help for Zhou Xin's earliest design of the payment system.
Zhou Xin said after listening, "He is an overseas Chinese from China, not here.
When I chatted with him before, I knew from his spoken language that he was from Yanjing.
If it is an overseas Chinese, it will not have this kind of sound.
Ok, I see, I will try to contact him later.
I want to go back to Huaguo to open an angel-invested company. I think Wu Shiqiang is very capable, at least in terms of execution, he is definitely qualified for this position. "
Zhou Xin paused for a moment and continued: "I originally wanted to set up a branch of Riot Games in Huaguo, specializing in forum operations.
After all, you know that the labor in Huaguo is much cheaper than in American.
Even if we need to find staff who can read and write fluently in English, and who can use localized English, the price will be much cheaper than that in American.
Didn't I want you to help me find a person in charge? "
Cao Yongluo nodded and said: "Yes, but it is too difficult to find executives who are familiar with your business.
Your online forum is a very novel model.
I asked someone for a few resumes, and after reading them, even I am not satisfied, and I guess you will not be satisfied either.
So I didn't push it to you. "
Zhou Xin waved his hand: "Thank you very much, but it is no longer necessary.
The president of Riot Games used to work at Microsoft, and he gave me a new idea.
That is outsourcing. After we further clarify the previous needs, we will outsource it to Huaguo Company at a total price to help us.
He feels that there is no need to go to Huaguo to open a branch now. The entire operating cost is not as efficient as outsourcing.
If outsourcing, you can use the contract to restrain the other party, I just need to judge his work effect.
It's just that this kind of outsourcing of content is not easy to measure the work effect.
But even if I set up a branch in Huaguo, it's still hard to measure.
So try outsourcing first. "
Cao Yongluo understood: "So you want to set up an angel investment company in Huaguo in your own name?"
"That's right, compared with Silicon Valley, Huaguo's Internet industry still has a lot of investment opportunities.
I sold the shares to Bill Gates before, and I still have a lot of money in my hand, and I plan to invest some money in Internet companies in Huaguo. "
There is no need to worry that Zhou Xin is in American, and Huaguo is too far away, and there is a risk of running away with money.
Now those American investors and their agents in China are just running errands.
They only have the power to select projects, and the final decision and financial power are in the hands of American investors.
After you sign the contract, they will transfer money directly from American's bank to the other party's bank.
The money will not be transferred from Hua Guo's agent at all.
"Wu Shiqiang is just a lobby manager, can he do good angel investment?" Cao Yongluo expressed doubts.
"Old Cao, you are still too smug.
Sometimes doing it doesn't mean he needs to be able to do it well.
I will decide the angel investment projects and the specific investment amount, he just needs to run errands for me.
So the most important thing is execution, not investment vision.
I provide investment insight. "
At this point in time, it's actually not very good, it's a little too early.
The Internet bubble in Nasdaq has not yet burst, and as a result, it is an Internet company with a particularly high valuation.
This is not only the case in American, but also in Huaguo.
Of course, the valuation of Huaguo's Internet industry is denominated in RMB, which is several times lower than that of similar companies in American.
Zhou Xin doesn't invest in all companies, he only wants to invest in goose factories.
The goose factory, which was established only last year, can now be won with an investment of one million US dollars.
"If this is the case, you may not have to find Wu Shiqiang.
It doesn't make sense to him if he goes back just to run errands for you.
Wouldn't it be easier to work at the San Francisco branch than to go back to China to help you run errands? "Cao Yongluo joked.
"The problem is he's been working in the San Francisco branch and it hasn't improved for so long.
As long as he has ambitions in his career, he will definitely not miss this opportunity. "
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