My Age of Investment

Chapter 370: Return home next week (seeking monthly p

  Chapter 370 Returning home next week (seeking monthly pass)

  In the afternoon, it was Xia Jingxing's turn to give a speech, which attracted a lot of attention from the audience.

After Yang Zhiyuan, Xia Jingxing is known as the most successful Chinese Internet entrepreneur in Silicon Valley.

  Actually, he is an overseas Chinese, but foreigners can't distinguish it so clearly. They are all called Chinese and Chinese. The domestic media who do not know the distinction are translated and reprinted according to the wrong article.

  Xia Jingxing looked at the black and crushed heads under the stage, and did not feel nervous. The first few times of this kind of occasion, she would still be timid, but after experiencing too much, she would naturally be indifferent.

  His low Chinese male voice sounded in the lobby: "Mr. Chen Hong founded the Huayuan Science and Technology Association six years ago. The starting point for the establishment of this association is very simple. It is to help Chinese and overseas Chinese entrepreneurs to raise funds.

  In the world Internet center of Silicon Valley, financing and finding venture capital are as simple as eating and drinking.

actually not!

In the 1980s and 1990s, when mainland students came to the United States to study, they could only work in restaurants. After graduation, they joined a certain Silicon Valley company and received a decent salary. This became the home of almost all mainland students. And the stereotypes of the outside world.

  Then, the labels of mainland students who can’t start a business, are not suitable for starting a business, and can only work part-time are affixed to our group.

  Is this the real reason?

no!

  My personal statement today is to get rid of the notion that mainland students and even overseas Chinese and Chinese are not suitable for starting a business.

  At that time, international students were unwilling to start a business. The real reason was that they could not gain the trust of investment institutions. "

  Chen Hong, Deng Feng, Zhu Min, Xie Qing and other people smiled bitterly in the audience, reminiscing about the past, they are deeply moved.

   Although Shao Yibo had stayed in school, he started his own business in China after all. He was not very clear about the hardships and difficulties of Chinese entrepreneurs in Silicon Valley at that time, so he hurriedly asked a few big brother-level figures around him:

   "Did Jingxing really say it? If no investment institution was willing to invest at that time, how did your companies develop rapidly and go public?"

  Deng Feng glanced at the little brother and sneered: "First, I looked for a Chinese boss, but those people didn't want to see us at all, and they had completely severed relations with China a long time ago.

  Silicon Valley's venture capital institutions were all dominated by white people at the time. They said they didn't trust us, and felt that we couldn't do it. They were born to beat workers.

  To say ugly, that is racial discrimination! "

  Shao Yibo took a breath, and saw the four listed-level bosses beside him all look serious. He thought it was not particularly difficult for mainland students to start a business in the United States?

  Especially the one on the stage, actually broke the financing record time and time again.

  Xie Qing said with a smile: "At that time, I searched for American investment institutions, Chinese bosses, and no one wanted to invest in us.

  Finally, there are various trusteeship relationships. Some Hong Kong and Taiwan businessmen have been found, and the issue of early development funds has been resolved.

   Then after the company developed, those white venture capitalists who saw profitability were finally willing to join in.

  It’s just such a process. It sounds like it’s not a big deal, but it’s really killing people at the time.

  You can’t raise funds, but your white opponent can! We almost rely on technological innovation and leadership to survive. "

   Shao Yibo nodded, it turns out that there is such an unknown story!

Xia Jingxing on stage continued: "In the past few years, as several seniors have put their companies on NASDAQ, it has gradually reversed the inherent impression of Sandhill Road towards overseas Chinese and Chinese entrepreneurs.

  One of my motivations for establishing Envision Capital is to feel the difficulties of overseas Chinese and Chinese entrepreneurs in the United States, and I hope to provide some support;

  The second is to break the inherent impression, arrogance and prejudice of certain groups towards overseas Chinese and Chinese in the financial industry. "

   Then, Xia Jingxing began to introduce the meaning of the name of Envision Capital and its 24 Solar Terms Fund.

  I did a short wave of advertisements before I let it go, and continue to talk about the topic: "The typical feature of the WEB1.0 era is that the website generates fixed content, and users are just viewers. Content-centric communication is biased towards elite culture.

  However, it is currently in the transition to the WEB2.0 era, and it has begun to pay attention to the interaction of users. Users are not only the viewers of website content, but also the producers of website content.

  Users can read or write on the website, emphasizing personalized service, social interconnection, people-oriented, and favoring civilian culture and long tail theory.

  I think the latest entrepreneurial opportunity lies in it.

  Whether it is the United States or China, there are currently a large number of entrepreneurs who have stepped forward to embrace this era of change.

  Facebook and YouTube are the two most typical WEB2.0 companies.

  Some people complained that it was too late to start a business at this moment.

  You should know that when Google was founded, the market was flooded with search engine companies such as Infoseek, ALIWEB, and Altavista.

  But Google has risen!

  I want to emphasize that as long as you have insight into user needs, pinpoint market space, polish your products, and discover new technologies, it’s never too late to start a business! "

  Robin Li under the stage nodded his head, because the search letter mentioned by Xia Jingxing was his old club. He was there and laid the foundation for Baidu's future.

  Besides, Baidu was founded not too early. It was only established in January 2000, much later than the three major portals and Yahoo China.

  Sohu is the first website to participate in the classification and navigation of network information. It once had the reputation of "going out to find a map, and looking for Sohu on the Internet."

  But the first-generation search engine, such as manual catalog search, was directly rubbed on the ground by his "hyperlink analysis".

  Robin Lee reminded himself secretly, don’t be dazzled by the upcoming listing, and must let Baidu maintain the spirit of innovation and keep the technology ahead.

  Although Xia Jingxing is only 21 years old and has only three years of entrepreneurial experience in total, his achievements are relatively high!

  As long as people succeed in starting a business, they will say it is fragrant.

  So, the young entrepreneurs in the audience watched Xia Jingxing, who pointed out the country and talked about the way of starting a business. At the climax, thunderous applause was heard from time to time.

  "Finally, I wish every entrepreneur can reap his own success!"

  Xia Jingxing ended the speech with a blessing.

  But he can't step down yet. The hands of entrepreneurs and reporters below the stage are like tree branches in the jungle.

  There is no way, except for Yang Zhiyuan, the guests attending the conference this time are the most valuable, and the success comes so quickly, everyone wants to get a glimpse of the wealth code.

  Xia Jingxing stood on the stage and freely selected several questioners.

  A Chinese boy in his twenties who was wearing glasses and seemed weak in writing was given the opportunity to ask questions. He asked very excitedly:

  "Daren, I am a graduate of University of Southern California this year. I plan to return to China to start a business. I have a good idea..."

  Xia Jingxing heard the other party talk about her entrepreneurial project in both Chinese and English, and it was very uncomfortable.

  However, he has better self-cultivation and did not interrupt halfway. After listening to the other party, he started to reply:

  "You said you want to return to China to start a business. The first thing I suggest is to adapt to the domestic environment. When you can speak in Chinese, you will be one step closer to success."

   Before the boy could react, the audience burst into laughter.

   Hearing the ridicule, the boy's eyes reacted quickly, his face bulged into pig liver color, and he retorted: "Dalun, this is in the United States. I speak a few words in English. Is there a problem?

  Do you usually communicate without using English? Didn't you also take an English name?

  I think you should respect others and learn to be kind. "

  Xia Jingxing did not expect that he would be educated by the other party. A boy who looked very weak, his tone was so aggressive.

  Xia Jingxing was a little angry, and his tone increased a little: "If you are not familiar with the domestic market, if you rashly apply the American experience and model, you will definitely be uncomfortable.

  Several American companies have helped you through the road. If you still want to go your own way, it means you have a mine at home. "

   Countless applause rang out from the audience. The big coal province households are already well-known at the moment, and the Chinese can basically understand the meaning.

  The boy also wanted to refute a few words. How could the staff in the audience let him, grab the microphone, and hand it to the next questioner.

  Then there won’t be so many brain-stuffed questions, and the questions are all about financing and venture capital, such as the establishment of equity structure, the dilution ratio of each round of financing, which type of entrepreneurs venture capital prefers, and so on.

  Xia Jingxing also patiently answered every questioner's question.

  When it was a reporter's turn to ask a question, he asked: "Mr. Xia, many entrepreneurs in China regard you as an idol. Will Vision Capital consider entering China?"

   "Sure it will!"

  Xia Jingxing was also asked by this question. He has already invested in three companies in China, and his reputation is still so low.

   So he quickly explained to the reporter about the three companies invested by Envision Capital, and by the way, the advertisement was exposed.

When    explained, Xia Jingxing also saw an interesting scene.

  The old man Moritz was chatting with Shen Beipeng happily. He saw Xia Jingxing’s gaze and nodded at the young man who refused him with a smile, and pointed at Shen Beipeng again. The intention could not be more obvious, indicating that he had found a suitable candidate.

  Shen Beipeng followed Moritz's gaze, and happened to meet Xia Jingxing's eyes.

  Xia Jingxing thought, the inertia of history is really great, Moritz finally found Shen Beipeng.

  This made him feel a little unwilling to wait. It happened that the reporter asked: "When are you going back to China?"

  He subconsciously replied: "Next week!"

  The reporter nodded, and did not ask any more, but Xia Jingxing felt like she was carrying a scapegoat.

   Thanks to the mysterious de Xiaohei for the reward!

    

   

  (End of this chapter)