My Age of Investment

Chapter 355: American dream

  Chapter 355 The American Dream

   "I think there is no young person in the United States who does not know Facebook or YouTube.

  The birth of these two websites has changed the lives of many people.

  Through Facebook, you can learn about the latest trends of your friends, who went on a vacation, who had a big meal today, who is in a bad mood...

  There are countless videos on YouTube. They are categorized by channel. Everyone can see the videos they like and are interested in..."

  Bradley sat in a chair and faced the video camera lens. First there was an opening speech, and then the camera turned to Xia Jingxing, who was sitting opposite her.

  Bradley went on to introduce, “Daren Xia was born in 1984 and grew up in Rongcheng, Sichuan Province, western China. Three years ago, he received an offer from Stanford...

  He arrived in the U.S. in July 2002, and co-founded Facebook with his roommate Heizaburo Inu and an alumnus Christina who lives in the dormitory opposite him...

  Dylan, I’m curious, when you were in high school in China, did you get in touch with computer programming? Just one month after coming to the school, I started a website. "

  Xia Jingxing said lightly: “China also has the Internet, and both junior and senior high schools have computer courses. This is because a great man said that “computers should start with babies”.

  I was obsessed with the Internet at that time. After I got an offer from Stanford, I concentrated on self-study computer courses for a while.

  Because I heard that Stanford students gather, and I am afraid of falling behind too many others after enrolling. "

   Bradley followed the written script and continued to ask: "Do Chinese students love learning so much?"

  Xia Jingxing smiled, "This is because we believe that "knowledge changes destiny"."

  Bradley smiled and nodded: "This is a good sentence, and your current destiny will be rewritten.

   Facebook's valuation has reached tens of billions of dollars, and you also have a value of four billion dollars, and you may be listed on the Forbes list this year.

  But I have a question, why do you choose to leave Facebook at this time? "

  This is a commonplace question, but Xia Jingxing can’t really say it: The US government doesn’t want such an important enterprise and will not let the yellow race control it.

  He said according to a unified external caliber: “Facebook has already determined its advantages in the social field, and then only needs to develop step by step...

  In addition, I also discovered a career that I really like. "

  Bradley pointed to the "Vision Capital" billboard marked in Chinese and English behind him, "Are you talking about it?"

  Xia Jingxing nodded, "Yes, this is the second stop of my business."

  "Prospectcapital, why is it called this name?"

  Xia Jingxing knew that the advertising time was up, and explained with a smile: "Prospect in English means possibility, hope, prospect, prospect, vision, opportunity for success, and future.

The name    entrusts my original intention of investing, and it brings hope to entrepreneurs and invested companies, and brings opportunities for success.

  And its Chinese name "Yuanjing" refers to the distant scenery. It is a metaphor that you can only enjoy the most beautiful scenery if you look far enough. "

  Bradley asked: “According to the meaning of the name Envision Capital, is this investment institution doing value investment?

  A few days ago, I heard that you also visited Mr. Buffett. You also believe in value investing and long-termism? "

  Xia Jingxing smiled and said: “Vision Capital currently has three types of funds: hedge, VC, and PE.

Needless to say, VC will definitely accompany entrepreneurs all the way through the barriers until the day they succeed.

  Our PE fund is also different from the operation mode of other companies. The simplest point is that there is no exit period for the fund. "

  Bradley was surprised, "There is no exit period set, then what will you give back to the investor?"

   "The absence of a logout period does not mean that we will not logout at all."

  Xia Jingxing smiled and said: “This is actually a strategy that allows companies to make the longest planning, rather than greed for short-term profits and sacrifice growth.

  In this way, there is also a big advantage for the fund, which can withdraw at the most appropriate time. "

  "What about your hedge funds?" Bradley continued to ask.

  "It is a stock-oriented hedge fund that insists on doing long-term long-term."

  Bradley did not ask more about hedge funds, and Xia Jingxing did not show the rate of return.

  Because this program faces too many people, most of them are ordinary Americans, and non-high-net-worth users will be punished for unscrupulous publicity.

   Soon Bradley jumped the topic to Buffett again.

  Xia Jingxing said humorously: “That old man is very good at playing table tennis. I hope I will be as strong as he was when I was in my seventies.

  Of course, his devotion to the investment career is worthy of every financial practitioner's consideration.

  Although he didn't teach me anything, chatting with him also brought me a lot of career thinking. "

  Bradley asked again: "Darren, when you founded Facebook, did you think about how successful it will be in the future? What height will it reach?"

   "Think about it!"

  Xia Jingxing said, "We thought at the time that we must let the entire Stanford student body become our users..."

  Bradley chuckled. This was specially arranged for the effect of the show.

  They give Envision Capital a certain amount of advertising exposure. Similarly, Xia Jingxing must cooperate with them to make the program.

  She smiled and asked: "In other words, in the beginning, you didn't expect the website to be so popular?"

  Xia Jingxing shook his head, "I didn't expect it at all, but we saw that the website became more and more popular, and our confidence became stronger. We started to register companies and look for angel investment..."

  "The American dream was first proposed by European immigrants. They believed that by taking risks in the New World, through unremitting efforts, they can have a better life.

  At that time, the vast land in the United States was uninhabited and owned, and anyone who wanted it could occupy it and invest and cultivate it.

  But in the 21st century, many people have begun to question the American dream.

  But your appearance seems to be in line with several elements of the American Dream:

  Provides an opportunity for everyone to succeed;

  Success depends on one's talents and hard work, not family history and background;

  Everyone has equal rights, and everyone has faith and freedom.

What do you think of it? "

  Bradley looked at Xia Jingxing with a smile. She insisted on keeping this question. For this reason, she argued with Xia Jingxing for a long time.

  A foreign student has earned billions of dollars after studying in the United States for three years. Isn’t this a good case of American dream promotion?

  Xia Jingxing had a plan in mind and said slowly: “There is no shortcut to success. European immigrants who realize the American dream have also made great efforts and sacrifices.

  Back to me, in order to start a business, I have sacrificed almost all of my social life in the past three years, and I have also stopped studying, and focused on entrepreneurship. "

   Bradley asked: "You mean to encourage dropping out of school to start a business?"

  Xia Jingxing successfully shifted the topic, he didn't want to express any opinions on the American dream, because if he speaks too much, he will lose.

  The beautiful side of the American dream belongs only to European immigrants, while the dark side is that Indians were slaughtered, black slaves were trafficked, and Chinese workers were exhausted from repairing railways...

After bringing the topic to dropout, Xia Jingxing started to talk again.

  Final conclusion, do not oppose or support, choose your own life.

  Bradley also noticed at this time. The other party didn't seem to want to talk more about the American dream.

  She was also quite acquainted. After the topic was over, she didn’t ask again. She asked a new question: "After you became a billionaire, has there been any change in your mentality?"

  Xia Jingxing nodded, "Some of them have become more confident."

  "What about material life?"

  Xia Jingxing thought about it seriously, and said: "When eating KFC, I dare to add two more chicken drumsticks."

  Bradley was very calm and smiled.

  With a little humor, Xia Jingxing continued to add: “I’m serious. Money is only a tool. If you have money, you don’t want to be a slave to money.

  Old Mr. Buffett goes to work every day, he has to drive to the McDonald’s at the door and buy a 3 dollars hamburger for breakfast.

  This kind of simple and unsophisticated life allows a person to maintain a sensible heart, instead of getting lost in the craziness of material desires.

  The investment philosophy is the same. You need to keep a clear and sensible mind at all times, and don’t be blinded by short profits. "

  Bradley continued to ask: "After becoming a billionaire, has your family benefited from it?"

  Xia Jingxing shook his head, "No, I still go to work as before, contributing my value to society."

  Bradley ended the interview after asking a few more questions.

  She declined Xia Jingxing’s private banquet, and hurried back to New York with the team to edit the show as soon as possible.

    is still a chapter, I will make up another day.

    

   

  (End of this chapter)