The Son of Finance of the Great Age

Chapter 215: Enter venture capital

  Chapter 215 Entering Venture Capital

   "Don't think about it anymore, your position is rather embarrassing, and it's only natural for you to get out of it by means." On the pier of the port, Zhong Shi said lightly to Zhong Yi.

  This is the marina of the yacht club. Because Hong Kong is close to the coast, it is generally richer. Therefore, yacht companies from Europe, Australia and even the United States have agencies in Hong Kong. Correspondingly, many yacht clubs have been born. These yacht clubs are all large and small. The small ones can be joined as long as they are windsurfing speedboats, while the more advanced ones need the size of the yachts. The more advanced ones even require each yacht to be in 50 inches or more.

  In addition to the corresponding membership fees, members also need to pay a cleaning, maintenance and maintenance fee to the clubhouse every year. Zhong Shi's Wally yacht has not been out since it entered the port, because he is not in Hong Kong all year round, and it is winter in Hong Kong, which is not suitable for going to sea.

This yacht with Italian luxury pedigree has attracted the attention of yacht enthusiasts since it docked at the wharf of the Gem Yachting Association in Victoria Harbor. Even some luxury magazines in Hong Kong have reported on this yacht and the corresponding brand Some people even compare him with the Australian yacht owned by the ship tycoon Zhao Jiezeng, and finally come to the conclusion that this yacht is far more luxurious than the ship tycoon's yacht.

   Just to the disappointment of many enthusiasts and observers, the yacht named Reborn has not been out to sea since it was moored, and even the owner has not appeared. While lamenting the waste of money, many enthusiasts also aroused great curiosity in their hearts. They speculated about the identity of the owner of the yacht, but how could Zhongshi have time to pay attention to these rumors?

This day coincided with Zhong Yi’s return from the United States. Zhong Shi remembered the existence of such a yacht while chatting with him, and was immediately aroused. Go out to sea to cool off under the scorching sun.

   Following the Zhong brothers was Zhong Yi's girlfriend Zhou Yufang. The two had already reached the point of discussing marriage. The members of the Zhong family had also met Zhou Yufang and were very satisfied with her. At this time, Zhou Yufang was wearing a black and white silk dress, a beige silk scarf around her snow-white neck, and stylish sunglasses under a big fisherman hat, which covered her entire face firmly. Even if this dress is placed on the streets of Milan and Paris, it is full of fashion.

  The two Zhong brothers dressed more casually. Zhong Shi was wearing a T-shirt with the University of Chicago LOGO on it, a pair of short white knee-length pants underneath, and a pair of flip-flops under his feet. Without the conspicuous words of UniversityofChicago on the T-shirt, no one would have guessed that the person who looked like this turned out to be the owner of the mysterious yacht.

   Although Zhong Yi's clothes are not as casual as Zhong Shi's, they are not conspicuous. A short-sleeved shirt with a round neck and no logo, paired with a pair of milky white slacks, and a pair of light yellow leather shoes on his feet. He was pulled here impromptu by Zhong Shi, and he didn't have time to change into suitable clothes.

  Although Zhong Yi's outfit is not conspicuous, Zhong Shi knows that Zhong Yi's outfit is not simple, it is basically custom-made, and should be carefully selected by Zhou Yufang for him.

  Thinking of this, Zhong Shi couldn't help but glanced at Zhou Yufang who was following behind them, thinking that Zhong Yi had found the right person, and under Zhou Yufang's precepts and deeds, Zhong Yi's taste grew rapidly.

After giving Zhong Shi a "stare" for no reason, Zhou Yufang couldn't help but feel a little guilty, lowered her head and quietly pulled down the brim of the fisherman's hat, thinking wildly in her mind: "Could it be that this little ancestor has nothing to do with his fashionable dress?" Dissatisfied? No, next time you see him, you must dress more plainly."

  Others don't know, but Zhou Yufang knows very well in her heart that 99% of the credit for the Zhong family's achievements today is attributed to Zhong Shi. Originally, after Zhong Yi became the president of Huajin Company, she could still speak a little bit harder, but Zhong Yi was forced to resign after only three months in this newly established investment bank, making her keep a low profile again.

Huajin Company was established in 1995, of which Stanley Company occupies 43% of the shares, Huaxia Commercial Bank occupies 47% of the shares, and the remaining 7% of the shares are occupied by Temasek Investment Company of Singapore, and the last 3% of the shares belong to the president favorite.

In terms of personnel composition, Stanley Company mobilized a group of business elites from Wall Street, and together with Chinese personnel formed six main departments. These departments are investment banking department, sales transaction department, fixed income department, asset management department, capital The marketing department and research department completely copied the internal structure of Stanley Corporation.

   Originally Huaxia Commercial Bank wanted to cooperate with Goodman Company, but Goodman Company rejected this good opportunity to enter the Huaxia market. They didn't want to set up a joint venture investment bank, but wanted to establish a fully-controlled investment bank. As a result, they naturally broke up with Huaxia, and Stanley took the opportunity to establish this investment bank with Huaxia.

Although all of this started from scratch, due to the precepts and deeds of Stanley, a Wall Street giant, Huajin Company was at a very high starting point from the very beginning of its establishment, and Huaxia's employees were also extremely high-quality talents. The gold company's business is developing very fast.

However, congenital defects put Joaquin in a dilemma at the beginning of its establishment, that is, the Chinese employees only obeyed the orders of the Chinese vice president, while the Western employees from Wall Street only obeyed the vice presidents of their faction. Orders, no one listens to favorite opinions.

Being ostracized was not the worst, because even so, Zhong Yi was still able to spread his influence through slow infiltration. Just when he was about to show his fist, an internal email with different pay for equal work Nullified all his efforts and eventually forced him to resign.

The matter was not a matter of liking. Since Stanley and Huafang established a new joint venture investment bank, the employees of Stanley's Asia-Pacific branch far away in Hong Kong disagreed. They deeply felt the danger of their jobs. Because of this, the Hong Kong branch There is no need to exist. Under such circumstances, they obtained the internal salary situation of Huajin Company, and revealed the difference in salary between Chinese employees and foreign employees. Naturally, the Chinese employees quit and started to make trouble inside the company. open. The result of this incident was that Zhong Yi, who had not yet been seated, stepped down sadly and became a scapegoat for this kind of equal work and unequal pay.

The salary of the Stanley employees sent to Yanjing is completely in accordance with the Wall Street model. Basically, a small analyst has a salary of tens of thousands or even hundreds of thousands of dollars, while the level of employees in Huafang is much worse. A monthly salary of tens of thousands of yuan is already a very high level. According to the exchange rate conversion, the annual salary of Chinese employees is a few tenths or even less of that of foreign employees, which naturally makes them very unhappy.

   Although I don't know how to solve it in the end, but through such a disturbance, the employees of Stanley's Asia-Pacific branch are satisfied with keeping their jobs, and Joaquin's Chinese employees may also be partially raised. The biggest loser in the whole thing was Zhong Yi, who returned to Washington with 3% of the shares in despair and continued to work in the World Bank.

It is now May of 1997, and Zhong Yi is tired of the World Bank working in a white world all day long. He resigned and returned to Hong Kong without notifying anyone. Back to Hong Kong to work.

  Zhong Shi knows that Zhong Yi has not completely let go of this short-term failure experience, and he is very unwilling to suffer such a serious calculation when he first entered the workplace. But if you do things in the Mainland, struggle is an indispensable job. Although this is the case in all parts of the world, it is extremely rare that struggles are ubiquitous like in the Mainland.

Zhong Yi's job at the World Bank is relatively simple. He has been dealing with economic data for a long time. Even if it is an open and secret struggle in personnel affairs, it is difficult for him to intervene at his level. You must know that the struggle involving internal positions in the World Bank is always behind the scenes. Support from relevant countries.

"You can say something like this. You know, I'm a homeless person now." Zhong Yi sighed, and continued in a somewhat dejected manner, "An organization in Singapore wants to invite me to be an economic analyst. What do you think? ?” He was used to following Zhong Shi’s opinion on such matters.

"Not good!" Zhong Shi vetoed it immediately, "Is it Temasek? Or is it invested by the Singapore government? Both of these are sovereign funds. The kind you carry yourself. Think about your previous experience!"

   Mentioning the experience in Joaquin, Zhong Yi's face turned pale, and he bit his lips tightly and stopped talking.

   "Do you know about angel investment? What about VC? What about PE?" Zhong Shi was also a little embarrassed when he accidentally mentioned Zhong Yi's scar. He curled his lips in embarrassment and quickly changed the subject.

Zhong Yi showed a thoughtful look on his face, and after thinking for a long time, he said uncertainly: "I have heard of some, that is, some have good entrepreneurial projects, but lack of funds, and then these institutions you mentioned will vote for them according to their entrepreneurial plans. Entrepreneurs use part of their start-up capital to realize their business plan, right?"

"Yes, that's not right." Zhong Shi nodded and explained, "If you invest as an individual, you are called an angel investor. If you invest as an institution in the early stage of a business, such an institution is called an angel investor." It’s called VC (venture capital), and once a company enters a mature stage and wants to expand its scale and management level, they will go to PE (private equity funds).”

   "Why are you telling me this?" Zhong Yi nodded, indicating that he understood Zhong Shi's meaning, and then asked back in puzzlement.

   "I want to set up a venture capital fund and let you take care of it. What do you think?" Zhong Shi smiled and said what he had been planning for a long time.

  Zhong Yi was taken aback for a moment, and after thinking for a long time, he asked slowly, "Is it like that...Amazon model?"

   Thank you book friend 916125959 for your monthly pass! Thanks for the tip that made me think!

  

  

  (end of this chapter)