The next morning, the four of them discussed some construction matters of the group, because they all knew the roots, so they drafted the documents that should be drafted and signed all the documents that should be signed for Yaxin Group.

At noon, Ye Jun invited guests at the Lingnan Hotel, which was regarded as a congratulatory banquet for Wen Xiaoya and Chen's mother.

After eating, Chen Leilei sent Chen's mother to Aunt Chen's house according to Chen's mother's instructions, and Chen's mother wanted to talk to Aunt Chen about the future, and also contacted Uncle Qian to discuss the cooperation with the coal mine.

Chen Leilei set off with Uncle Ye to the airport to pick up Ye Feng, and Ye Feng arrived in Yangcheng.

After Ye Jun introduced Chen Leilei and Ye Feng to each other, Chen Leilei changed his name to Ye Feng and called Uncle Feng, this Ye Feng is also quite a bit of a "crazy" person's temperament: tall, open-faced, hearty, no messy rules, and a very practical person. Chen Leilei likes this guy very much.

Although he is over forty years old, Ye Feng is very energetic, it is said that he has not slept for more than 2o hours before returning to China, and he has worked on the plane for a few hours, and he has not slept for a few hours in total, but he has recovered his vigorous spirit after getting off the plane.

Leaving the airport, Ye Jun took Ye Feng to the Lingnan Mansion, and after a rest, Ye Feng had a very business meeting with Shuai Chen Leilei and Ye Jun.

Because Ye Jun had already explained most of the things to Ye Feng before, now Ye Feng just wants to know how interested Chen Leilei is in the venture capital industry, in other words, how large a venture capital company Chen Leilei wants to develop. Ye Feng bluntly said that he didn't want to work in a venture capital company with no long-term development, and if he left CGI, he would have to work for a venture capital fund that has the potential to become the world's top VC (venture capitalist).

Chen Leilei said that he is very interested in the venture capital industry, and his goal is to establish a top VC from the United States at the beginning of the century, and then gradually move eastward to strive to make this venture capital fund the largest investment fund in China and a disguised incubator for high-tech enterprises in China.

Chen Leilei knew that it was not enough to have a big slogan in the face of people like Ye Feng, so he said that they would invest 50 million US dollars to establish this fund at the beginning, and they would allocate more money to expand this fund every year in the future, and the profits of the fund would continue to roll in it in the first few years.

Ye Jun took a completely supportive attitude towards Chen Leilei's decision, which made Ye Feng gain great confidence. He felt that the conversation was very speculative, so he decided to join Chen Leilei and their fund at that time.

Chen Leilei and Ye Jun were overjoyed to celebrate with wine, Ye Jun asked the maid to bring Ye Feng's favorite high-grade Daqu, but Ye Feng didn't want to have a hangover and changed to champagne to celebrate. They were drinking and discussing some things about the future fund fair.

In the early days of the establishment of the fund, Chen Leilei wanted to focus his investment direction mainly on Internet companies, and he consulted Ye Feng on this issue.

Ye Feng felt that they only had 5ooo million US dollars in the initial stage of the fund, and they should really choose a direction to specialize, and it was a good choice for the Internet to invest in Internet companies in Huaxia China. He said that CGI's recent exhibition strategy is also to focus on investing in Internet companies, and CGI's approach is to carefully select some promising companies to invest 2oo-5oo million US dollars, focusing on training exhibitions, and feel that they can fully follow CGI's way of exhibition.

2010 is the hot period of Internet companies, most of the Internet companies were only listed or acquired at that time, so he suggested that they should invest in some interrelated companies, let them complement each other, and strive to integrate the fund, not to rush to make a profit, but to help these "family" enterprises through the extension period first, and finally to "sell" at a good price.

Ye Feng very much agrees with Chen Leilei's thoughts, and also thinks that we should first help the invested companies develop well, rather than thinking about how to make a profit and exit after investing like some funds. Chen Leilei can have this kind of long-term thinking, Ye Feng is very happy to say that he has two subordinates who were brought out by himself, and when he leaves CGI, those two guys will definitely come with him, but only these few people are definitely not enough, if you want to help those small enterprises to show them, they must have professional talents to help those enterprises carry out market operations, so that the core team of those enterprises can fully carry out technical development.

Chen Leilei saw that Ye Feng already had his own set of ideas, so he took the opportunity to say that he hoped that Ye Feng could be fully responsible for the work of this fund, he had discussed this matter with Ye Jun before, and they decided to give Ye Feng a 15% stake in this risk fund. This is a great fortune for Ye Feng, and Ye Feng happily accepted this job.

After that, Chen Leilei and Ye Feng discussed the types of network companies they wanted to invest in, and with Chen Leilei's understanding of the future market and Ye Feng's understanding of the industry, they finally decided to invest in these five types of network companies:

1: Small video platform.

2: E-commerce.

3: Content and community sites.

4: Technology provider.

5: Other types of websites that have the potential to gain a large number of users.

Chen Leilei especially emphasized the need to invest in websites that have the potential to gain a large number of users, and also asked Ye Feng GEO whether this website has been acquired by CGI now, Ye Feng said that CGI is currently operating, and the two sides are negotiating the price. Chen Leilei listened to Daxi and asked Ye Feng to say anything, and he would also intercept CGI's Hu, and he must open a high price to collect GEO.

Ye Feng reminded Chen Leilei that the profitability of this community website is not strong, and the prospects are uncertain. Chen Leilei explained that the profitability of this community website is not strong, but the development potential is great, it has a good idea of establishing a community on the Internet, there will be a large number of users in the future, and so on in the future, the Internet competition is fierce, such as Yahoo, AOL and other big websites in order to seize market share, will definitely consider acquiring a website with a large number of users, and then GEO will become valuable.

Ye Feng was very encouraged when he heard it, if nothing else, just for Chen Leilei's knowledge, he felt that he was not wrong in choosing to leave CGI, and at the same time felt that the people Ye Jun had taken a fancy to were really not things in the pool......

Later, Chen Leilei talked to Ye Feng with interest about Mark Cuban's BOAD website, which is a website that broadcasts various professional leagues across the United States on the Internet, cultivating more than 10 million users, and was acquired by Yahoo for $5.7 billion in 09, and Mark Cuban was directly invested in $2 billion. The rebellious guy later spent $300 million to buy the Dallas Mavericks and became the most unabashed owner in the NBA.

Chen Leilei has no prejudice against this somewhat neurotic guy, but he just thinks that this buddy's money is not robbed for nothing, and he robbed himself to invest in the Dallas Mavericks to run Ruan Guoqing, maybe he can let the Mavericks win the championship......

BOAD This website has just started in 06 years, Ye Feng didn't pay attention to it, Chen Leilei asked Ye Feng to pay attention to the model and development of this website after returning to the United States, and take the initiative to find them to see if they need venture capital, if necessary, invest vigorously, if not, start a new website with the same model, dig Boad people, and completely squeeze BOAD out of the market.

Chen Leilei gave these two examples, asking Ye Feng to focus on websites that have the potential to cultivate a large number of users. In the early days of the Internet, the eyeball economy was played, as long as it can attract attention, whether it makes money or not, it will definitely be sold at a good price. This is also the main reason why the Internet has become a bubble economy.

For the current various network companies, Chen Leilei has no intention of long-term development. However, there is one company that is an exception, Chen Leilei wants to control this company from the beginning, this company is Amazon, the world's largest Internet company in the future, and the only company that is likely to surpass Microsoft in the future.

Chen Leilei knows that Amazon will be blocked in 09, and the stock price will fall sharply at that time, and then he will send someone to Stanford to find Bezos, the founder of goog1e, to stone him with money, even if he can't smash it, he will smash the two of them, and he will do long-term development of this company.

During dinner in the evening, Ye Jun invited Zhan Peizhong over, and after the four of them had dinner together, they had another meeting on the matter of the fund.

Ye Feng was based in New York and had heard of Zhan Peizhong's name for a long time, although Zhan Peizhong suffered many twists and turns later, but in the circle of their senior managers, Zhan Peizhong has always been an out-and-out demon.

Ye Feng saw that Ye Jun and they were able to invite this master to preside over the overall situation of the fund, and his heart had to be lifted, and he secretly sighed that their fund would definitely fail if it was not popular in the future, but no matter what, their fund would definitely not be an ordinary fund. Being part of such a fund is exciting in itself. Ye Feng's mentality is also shared by most of the people who joined the fund later, and many people joined the fund because of Zhan Peizhong's special influence. Zhan Peizhong's influence can be so great, which is something that Chen Leilei and Ye Jun did not imagine at the beginning.

Later, according to Chen Leilei's idea, Zhan Peizhong re-planned the establishment of the fund, and changed the private fund registered in Panama into a three-share fund under Yaxin Capital Management Company: the most adventurous Yaxin Fund with an initial scale of 300 million, the Yaxin Venture Capital Fund with a venture capital nature of 100 million, and the conservative Yaxin Balanced Fund with a scale of 100 million.

Chen Leilei and Ye Jun are the chairman of Yaxin Capital Management Company, Zhan Peizhong is the president of the company, responsible for the decision-making and daily work of its funds, and Ye Feng is the president of Yaxin Venture Capital Fund, mainly responsible for the operation of venture capital funds. Ye Jun is responsible for the supervision of the fund, and Chen Leilei is the most idle guy who just waits to see the fund's decision-making and planning every week.

Zhan Peizhong and Ye Feng decided to leave for Panama the next day to complete the registration of the company, and then fly directly to the United States to start the preparatory work of the fund, and strive to form a team within half a month.

Chen Leilei didn't want to worry about recruiting talents and company planning, so he asked Zhan Peizhong to prepare an economic report on Japan and Xiangjiang, and he wanted to study the two markets that he was more familiar with and more likely to do, and when the fund was officially launched in late July, he would start from these two markets.