The Vermilion Bird under the Four Elephants Fund has been basically formed, the White Tiger has gradually improved, and the Xuanwu and Qinglong Funds are only empty shells. Xuanwu is not in a hurry, it is still very early to buy the bottom. However, it is necessary for the Blue Dragon Fund to operate in advance, and there will be many opportunities in the subprime mortgage crisis, such as JD.com in China and Facebook in foreign countries, etc., which will be very short of money. And for Sequoia, Zhou Shi still has a lot of complaints, so why should he have a good fight with them.

"We set up our own venture capital fund, the investment direction is the TMT industry, mainly to invest in mobile Internet and smart phone related industries, I think this is the future trend, we can go to invest in the whole track. "Zhou Shi

"You've thought about it a long time ago. "Li Ying

"This direction has been thought out for a long time, and the Blue Dragon Fund has also been established, but now it is still only a shell company. "Zhou Shi

"Is this fund for domestic or foreign countries?" said Li Ying

"On a global scale, of course, the main targets are China and the United States. "Zhou Shi

"Well, how much money does this fund have?"

"You go and discuss with Lu He yourself, and you can also raise funds from outside. "Zhou Shi

"Tell me to do everything, you are so irresponsible!" Li Ying said angrily

"This is your own business, how about it?" Zhou Shi said seriously

"You?" Li Ying

"That's it. Zhou Shi didn't let her regret it.

The National Day is just a few days away, Facebook's financing is nearing the end, and like in the previous life, Microsoft has taken a stake in Facebook, which is still more than 200 million US dollars. The valuation situation is more complicated, there are a series of cooperation agreements between them, and they are preferred shares. If you ignore these factors, you can barely say that Facebook is valued at $15 billion.

With Gideon's efforts, Li Jiacheng and Zou Kaixuan's Harbour Investment took over the shares and sold them for $400 million, Facebook shared $50 million, and Galaxy Capital and Zhou Shi received $350 million.

To be honest, Zhou Shi doesn't know how this works, according to the development of Facebook, how can there be such an outrageous valuation of $15 billion, and why would Li Jiacheng be willing to take over at such a price, in the financial crisis, Facebook's valuation does not exceed $5 billion, but Li Jiacheng turned a blind eye. Later, Milner of Russia's Digital Sky bought $200 million in non-voting shares at a valuation of $10 billion. The investment ideas of Victoria Harbour Investments are really puzzling, and perhaps they regretted buying them at a valuation of $15 billion. In this life, the social network, Friends, has a clear advantage overseas, and lags behind MySpace and Facebook in the United States, but as an investor, you should not see this.

In addition to being with Li Ying these days, Zhou Shi is in contact with Ma Yuhua of China Merchants Bank, but unfortunately China Merchants Bank does not have much strength overseas, and the level of Bank of China is a little higher, and most of the funds can only find foreign banks. You can also transfer some through Lenovo, which can be regarded as owing the other party a favor.

Soon it was the National Day, and the Four Elephants Fund had closed one-third of its positions before that. There were more than 9 billion soft sister coins in the account, and Zhou Shi invited Ma Chen, the person in charge of the Sixiang Fund, to eat and put it. Although the profit this time has little to do with their efforts and efforts, the necessary rewards are still indispensable.

"How much dividends and rewards do you think we should give out after this liquidation?" Zhou Shi wanted to know more about their views.

"I actually already have a system, I discussed with them, after this liquidation, the income generated by the 100 million funds we are responsible for will be dividends, and we only charge management fees for other funds. So everything will be carried out in accordance with the relevant regulations of the company. "Ma Chen

"I have more than ten times the income from these funds, and you don't have dividends, are you all willing?" Zhou Shi

"Rules are rules, and you can't take money that shouldn't be taken. If you have any comments, you can come to me, and I will give them a satisfactory answer. "Ma Chen

"After the clearance, what are your next plans?" Zhou Shi

"That's exactly what I'm trying to say. Some time ago we were carried away by the market, and then we realized the crisis when we saw that you strongly requested to liquidate your position. The stock market is too risky now, and the bubble inside could burst at any time. I wonder if I can go to Hong Kong and wait for the opportunity to participate in short selling after the clearance. After Ma Chen finished speaking, he looked at Zhou Shi a little nervously, Lu He became an American citizen, and the corresponding assets would also change. The name of the Sixiang Fund has been left in China, and it has the particularity of finance, so it can basically be said that the Sixiang Fund is Zhou Shi's industry. However, Ma Chen also knows that the real Four Elephants Fund is still overseas. He was fighting on Wall Street at the same time, and the impact of the subprime mortgage crisis was growing, and he was not willing to miss such a big opportunity.

"There are only more than ten of you, do you have the ability?" Zhou Shi did not refuse directly, the exchange just now made him feel that this person is very sensible, if the risk is not big, Zhou Shi is willing to give him a chance.

"A friend of mine from Merrill Lynch recently left his job, and he has a wealth of practical experience in financial markets. We also have a guy here who has a very good sense of risk and has been reminding me to be aware of market risks since June. And we have prepared a liquidation plan, if it is not the National Day, we will close the position faster this time. "Ma Chen

"Okay, you come up with a plan, and we'll talk about it. But most of the money here will go to Wall Street, I think you should understand. "Zhou Shi

"Well, I understand!"

Zhou Shi ended his conversation with him and walked back. The financial markets are full of careerists all the time, and there are also many geniuses who lack the opportunity to rise. He didn't know if Ma Chen was a genius or just an opportunist. But Zhou Shi now has the ability to discover and cultivate Maxima, and he can also tolerate careerists like them. As long as he can ensure his own interests, the company's risk control will not fail, and the financial and legal risks are small, he naturally will not care about any small actions behind them.

Ma Chen, a native of mainland China and also from Merrill Lynch, has been active in the Asia-Pacific financial market, leaving in the middle of last year to join Galaxy Capital, and was later retained in Sixiang Fund. From the beginning, they knew that those who stayed here were mainly responsible for these stock transactions in the country, and basically did not have much autonomy, basically similar to pensions, and the people who stayed were also selected according to their honest duties. If it weren't for China Merchants Bank to bring him one billion, Zhou Shi would not have allocated 100 million funds for them to make money by themselves, in fact, he wanted to give them a benefit at the beginning, and he would not be jealous because the stock market soared and there were no dividends.

Zhou Shi financed from a brokerage and gave them 100 million funds to operate independently, and the dividend ratio given to them is also at a high level in the industry. But Ma Chen went from being willing to stay in China to retire at the beginning, and now he suddenly cheered up and wanted to make a career, which made him a little difficult to accept.

Despite all the precautions, Zhou Shi was still willing to give them a chance. The risks are everywhere, and he can't afford to choke on food, but the company's independent compliance department is about to be perfected immediately.

(End of chapter)