San Francisco, also known as "San Francisco" and "San Francisco", is a port city on the Pacific coast of California, USA, a world-famous tourist attraction and the fourth most populous city in California.

Xia Yu's Polaris Capital is based in the southern San Francisco Bay Area.

The San Francisco Bay Area is located around the San Francisco Bay at the mouth of the lower Sacramento River, with a total of nine counties and 101 towns, including San Francisco on the San Francisco Peninsula, Oakland in the east and Saint River West in the south, and Silicon Valley is located in the south of the San Francisco Bay Area.

The existing and future high-tech companies in Silicon Valley are Xia Yu's hunting target, and it is best to set up the company here!

New companies are generally simple.

But Xia Yu is not short of money at all, and it is also very cost-effective to buy a house in the San Francisco Bay Area, so Polaris Capital has its own office building, which is 30 stories high, with two floors temporarily in use, and the remaining 28 floors continue to be rented out.

All this was done by Peter Lynch, a subordinate he sent when Xia Yu was in New York.

When he was in New York, through the list of Wall Street's financial elite by Rey Dalio and Julian Robertson, Xia Yu combined with the memories of his previous life to poach Peter Lynch from Fidelity Fund Management.

Born in 1944 and only 36 years old at this time, Sven is a middle-aged manager of a fund called Magellan under Fidelity Fund Management.

In his previous life, Peter Lynch was a famous master of Wall Street, he began in 1977, and managed the Magellan Fund for 13 years, from the initial $20 million to $14 billion, becoming the largest fund in the world at that time, and the investment efficiency also ranked first, with an average compound interest rate of 29% for 13 years.

It's a pity that in his previous life, in 1990, Peter Lynch resolutely chose to retire at his peak and devoted himself to education.

For such a person who doesn't value money, in order to dig him up, Xia Yu really put a lot of effort into it, but fortunately, he has the memory of his previous life, he knows Peter Lynch very well, and he successfully dug it up after talking three times in the evening.

After digging up, he sent Peter Lynch to San Francisco to build Polaris Capital Management.

Because Peter Lynch had only been here for less than ten days, and it had taken some time to buy the building, he hadn't had time to fill the company's staff.

When Xia Yu followed the address to the company, the office area was still very empty, except for the neatly placed desks, there were not many people.

When he saw Xia Yu coming, a white young man took the initiative to come over and ask about the situation: "Hello, is there anything I can do for you?"

Xia Yu looked at him with a smile, did not identify himself, but asked, "Hello, where is Manager Peter Lynch? ”

The white young man was stunned for a moment, and then said, "The manager is upstairs interviewing candidates, please follow me!"

"Okay, thank you!"

Soon, Xia Yu followed the white youth upstairs to the upper floor.

The upstairs is not as large as the downstairs, but is divided into rooms, along the corridor, Xia Yu passed by a large conference room and saw a group of candidates in suits and leather shoes sitting quietly, but the interview place was diagonally opposite, and a blonde white beauty was waiting in front of the door.

The white young man walked over and said a few words to the blonde white beauty, the blonde beauty looked embarrassed, and at this moment, the person next to him opened, and out of it came a young man who had applied for the job.

The young man was startled when he saw a bunch of people standing outside, but Xia Yu didn't have the heart to pay attention to him.

Not long after the blonde beauty entered, Peter Lynch, who was wearing square glasses, walked out quickly, and when he saw Xia Yu, he immediately bowed slightly and said hello: "Boss, you're here, I'm sorry to keep you waiting." ”

The white youth and the blonde beauty were startled and immediately greeted Xia Yu.

After Xia Yu responded one by one, he asked Peter Lynch: "Why do you need to interview in person, the manager of the personnel department?"

Peter Lynch said: "I haven't hired a qualified HR manager yet, so I'll have to interview myself. ”

Xia Yu bowed slightly, thought for a while and said, "Next, I'll tell you to interview together." ”

"Okay!" replied Peter Lynch.

After that, Xia Yu asked Li Wuming and the others who followed him to wait next to him, and he returned to the house with Peter Lynch, and the blonde beauty immediately went to inform the next applicant.

During the interview in the morning, Xia Yu watched quietly most of the time, and almost never expressed his opinions, all of which were made by Peter Lynch, Xia Yu's approach made the latter feel inexplicable in addition to the pressure at the beginning.

In fact, Xia Yu is observing the level of candidates.

There are many universities around San Francisco, including Stanford University, University of California, Berkeley, University of California, San Francisco, University of San Francisco, Santa Clara University, etc., and there are no shortcomings in talent training.

After all, Polaris Capital is just a new company and is not very attractive to high-level talent.

At this pace, it will undoubtedly be difficult to build a team that satisfies him.

But now in March 1980, considering what he was going to hunt, time was running out, and he had to get the company up and running as fast as he could!

At lunch, Xia Yu asked Peter Lynch to stop applying and go to Los Angeles with him first.

Early the next morning, Xia Yu took Peter Lynch and others to the headquarters of Korn Ferry in Los Angeles, which is not only the global headquarters, but also the first office in North America.

Xia Yu was lucky, and when he arrived, the chairman and chief executive officer, the largest shareholder, Richard Ferry, and the second largest shareholder, Lester Cohen, were both in the company.

When Lester Cohen came to Asia to explore the market last year, he came to Xiangjiang and met Xia Yu a few times, so he recognized Xia Yu.

After a warm greeting, Xia Yu began to learn more about Korn Ferry and found an opportunity in a small talk.

He had previously bought a 25 percent stake in Korn Ferry from the OTC market for $25 million.

The stake was sold by Lester Cohen for $4 million in 1972, so Xia Yu took over from other institutions, and the $25 million naturally did not go into the company's account.

In the past year, in order to cope with competition from other rivals, Korn Ferry International, the latest to be founded, had to expand aggressively, opening 38 offices around the world in one go, with huge expenses and tight cash.

In addition, the domestic inflation in the United States was severe at this time, which had an impact on all walks of life, and also affected the business of Korn Ferry.

As a result, the company is in a dilemma, with Richard Ferry and Lester Cohen struggling with whether to hold off on expansion over the next two years and get through the difficult times.

However, Korn Ferry was the latest to be founded, and since its establishment, in order to catch up with other peers, it has taken the most radical approach and the biggest step.

In the current market environment, Richard Ferry considers that not only Korn Ferry will be uncomfortable, but also other peers, so he thinks that this is a good opportunity to catch up and want to take the opportunity to make up for the gap.

However, Lester Cohen considered that the lack of funds and the reality of the situation no longer allowed Korn Ferry to expand in a big way, and thought that the risk was too great.

After knowing this situation, Xia Yu found the two and proposed that he had enough capital to inject capital into Korn Ferry.

Richard Ferry and Lester Cohen did not agree at first, but two days later, Richard Ferry, who holds 49% of the shares, persuaded Lester Cohen to agree to Xia Yu's capital injection.

Considering that a long-term stable relationship is the most powerful for him, Xia Yu was not too harsh enough during the negotiation, and gave the company a high valuation of 1300 million US dollars.

At about this time last year, Xia Yu was at a premium, and the valuation of Korn Ferry was only 100 million US dollars, and now it has risen by at least 30% a year, which is definitely not less.

Xia Yu injected 20 million US dollars into the company again, and once again obtained 13.33% of the equity, plus the original equity, his shareholding ratio increased to 38.33%, and became the company's second largest shareholder.

Richard Ferry's stake was reduced to 40.29 percent, and he remains the largest shareholder.

The original second largest shareholder, Lester Cohen, reduced the equity ratio to 21.38 percent, swapped positions with Xia Yu, and became the third shareholder.

As soon as the contract was signed, Xia Yu immediately transferred $20 million to the account of Korn Ferry International.

With a huge amount of money in hand, Richard Ferry is in a good mood and can continue to expand the company.

And Xia Yu also took out a list of positions he asked Peter Lynch to list and handed it to Richard Ferry, asking him to do his best to hunt for talents as quickly as possible.

The face of the second largest shareholder and big financier is indeed big enough, Richard Ferry immediately gathered a large number of senior consultants of the company, and after brainstorming, suitable people were recommended one by one, and then began to poach people.

Xia Yu and Peter Lynch are in charge of the gatekeeping.

In this case, Polaris Capital's talent is filled at high speed.

Xia Yu took the time to decide on the first hunting target.

This goal is the biopharmaceutical giant with a market value of more than 100 billion US dollars in the future!