Don't look at Xu Jiankui's wealth is far less than a fraction of Li Xuan's, but his path is wider than Li Xuan's. He spends his days drinking and making countless friends.

Dongfang Electronics Company is now a leader in the entire Hong Kong electronics industry, but in fact, its foundation is not stable, and its rapid development in the past two years is supported by Li Xuan's golden fingers. But Li Xuan's golden finger is not unlimited, as the scale of the company grows larger and larger, Li Xuan's personal energy is limited, and it is impossible for the golden finger to estimate all aspects.

For example, when he first started working on the ERM architecture, he was almost in control. But with the launch of the first CPU chip for personal computers based on the ERM-1 architecture, his focus has shifted to the subsequent development of the ERM-2 architecture. The development of various other application chips of the ERM-1 architecture is all completed by various R&D teams in the Oriental Research Institute.

In Li Xuan's planning, the ERM-1 architecture will be applied in many fields such as personal computers, industrial computers, single-chip microcomputers, and digital program-controlled telephone exchanges. However, it is impossible for Dongfang Electronics to undertake all the projects by one company, and the company's complex products and bloated structure are absolutely a disaster for enterprise management.

Li Xuan's management of Dongfang Electronics Company has always adopted the development path of European and American companies, removing the rough and retaining the fine, and constantly transferring non-core business to other affiliated enterprises. We only retain the most valuable core technologies, so as to achieve a flat and efficient company.

Therefore, Li Xuan wants to build a huge competitive electronics industry around Dongfang Electronics as the core. Through the product development of peripheral enterprises, the core technology of Dongfang Electronics can maximize profits. As the leader, Dongfang Electronics has continuously absorbed the surrounding nutrients and truly become a century-old store with deep roots. Instead of relying on Li Xuan's few golden fingers to be short-lived.

But if you want to really form an industry, you can't rely on one or two people, one or two companies to achieve it. Li Xuan needs to leverage more capital to participate.

Take the most famous American Silicon Valley as an example, and its success is a trinity of large corporations, venture capital, and entrepreneurship. Large companies are able to attract a steady stream of talented people. And through a large amount of scientific research funds to lead the direction of science and technology.

And many outstanding talents often choose to quit their jobs and start their own businesses after accumulating enough experience and technology in large companies. And venture capital provides them with the start-up capital they need to get started.

The huge entrepreneurial army they formed has continuously provided new ideas and ideas for the entire Silicon Valley. Some of these good ideas succeeded, and they were either acquired by large companies or became new big companies. Such a virtuous cycle system has created the continued glory of Silicon Valley!

Dongfang Electronics is playing the role of a major company in Hong Kong's electronics industry. With the rise of Dongfang Electronics, Hong Kong is rapidly forming a new electronics industry supply chain around games, computers and other products, and more and more Hong Kong electronics companies are beginning to join this system.

And Li Xuan continues to invest in scientific research. The technical reserves of the Oriental Research Institute are no longer limited to the initial few single categories, and have begun to expand to peripheral electronic products such as pagers, cordless phones, and walkmans. This also creates more development opportunities for the entire industry.

At the same time, Li Xuan's unprecedented wealth myth written in just two years has also become the idol of countless enthusiastic young people in Hong Kong who are interested in starting a career, and it can be said that Hong Kong is not lacking in entrepreneurial spirit now. Like Guo Jiaqiang before, he feels that his power project can be successful, and he is willing to fight even if he mortgages the house.

The only thing that's missing is funding, especially the venture capital needed in the early stages of a startup. After all, there are only a few people who can have both technology and wealth. Li Xuan can spend 100 million Hong Kong dollars or even 100 million US dollars for venture capital, but this is still a drop in the bucket for the formation of an industry.

But Li Xuan is willing to be this leader and create a new venture capital industry in Hong Kong. to attract other angel investors. Everyone's money is naturally not blown by the wind, and investment is to get a good return. In fact, he had already consciously started this work as early as last year.

In his previous life, when Li Xuan was working in Silicon Valley, he saw a very famous incubator. The incubator, named Y-Binator, has successfully incubated more than 800 companies in more than 30 fields. These include Airbnb (In-flight Accommodation. An online travel home rental community), Dropbox (the world's leading cloud storage company), OMGPOP (a New York-based game company that was acquired by other companies for $180 million), and dozens of other emerging companies that have a market value of more than $100 million and are familiar to the United States.

YC Incubator is one of the most successful incubators in the world. Its appeal can be described as perverted. Every time the incubator arrives at the biannual new company roadshow promotion day, heroes from all over the world will flock to the incubation park with a lot of dollars. Gearing up and looking forward to digging up the next piece of gold that was hidden by the mud and sand.

Now Li Xuan is preparing to do the same job! After the headquarters of Dongfang Electronics Company was moved from Sha Tin to Central, the original idle factory building in the Ansheng Building in the Fo Tan Industrial Zone. It was transformed into an Oriental Entrepreneurship Incubation Park by Li Xuan. After nearly a year of incubation, the first batch of well-developed projects in the incubation park have reached the stage where they need to be launched to further attract venture capital.

Some of these projects are developing new games for Gameboy handheld and FC consoles, some are developing new application software for the East-DOS operating system, and some are developing new hardware products such as children's learning machines.

The Oriental Entrepreneurship Incubation Park is evaluating the potential of these projects and will soon hold a huge investment promotion conference for them. The first batch of these projects are very valuable for investment and have a good chance of success. But Li Xuan was not ready to eat alone, but was willing to attract more funds to invest together and share the possible huge returns.

He hopes to buy a horse bone for a long time, and completely show the charm of the venture capital industry with high risk but high return in front of all Hong Kong people. As long as the vision is accurate, it is not empty talk to increase investment dozens or even hundreds of times.

Hong Kong people are relatively heavy on gambling, and the amount of bets is as high as tens of billions of Hong Kong dollars during the horse racing season every year. From speculation in real estate to stock speculation, every time the property market adjustment and stock market crash comes, a large number of Hong Kong people go bankrupt and jump off the building, but after the market recovers, it still can't stop everyone's enthusiasm.

There are many banks in Hong Kong, with a total of more than 100 Chinese-funded banks and foreign-funded banks licensed in Hong Kong. The high interest rate of the finance company is comparable to that of usury. A lot of hot money has poured into the property market and the stock market before, but the property market and the stock market will be at a low point in the next few years, and it is the best time to attract this money into the venture capital industry.

"There will be a number of small companies seeking investment in the Oriental Business Incubation Park next month, don't say that I didn't point you to the opportunity to make money! These projects are all good projects with great potential! Once the company develops, if you invest 10,000 yuan now, it may become hundreds of thousands or even millions in a few years!" Li Xuan took a sip of coffee and said leisurely.

"Really?" Xu Jiankui's eyes widened instantly, and a hint of surprise appeared on his face.

"Why are you lying to you, I will send you the information of these projects in the next few days! We set up a venture capital company to invest in these projects. If you have a company that you are optimistic about, you might as well invest a small amount of money in it, and you may not be able to turn it into a big profit in a few years!" Li Xuan shrugged his shoulders and said.

"You, the God of Wealth Li, are you really going to be a good money boy this time?" Xu Jiankui stared at Li Xuan intently, trying to find a hint from his expression, "Those friends of mine have long been clamoring to have dinner with you and let you take them to get rich together! This time I can finally give them a surprise, 'God of Wealth Li' has already told everyone the way to make a fortune, whether they can seize the opportunity or not depends on their own courage and ability!"

In fact, among Xu Jiankui's fox friends and dog friends, even the rich second generation who were born in wealthy families have not yet taken power, and the funds they can mobilize are very limited. But through their mouths, they can attract the attention of those fathers who really control hundreds of millions of funds, and these people are the big fish that Li Xuan wants to catch.

"It's better to be happy alone than to be happy with everyone, you have given me the nickname 'God of Wealth Li', and I want to give something back!" Li Xuan said jokingly.

According to the practice in Silicon Valley, it takes two or three years for a project to develop from the initial stage to the final acquisition or listing, and at least two or three rounds of venture capital need to be raised in these two or three years to maintain development.

The next round of fundraising will begin within six months to one year after the completion of these projects launched by the Oriental Incubator. If these companies grow well and quickly, the valuation of the company is likely to skyrocket several times at once in the next fundraising round. Even if the investors in the early stage have not yet made real profits, the book value of their shares has increased several times.

Therefore, it only takes more than half a year, when everyone sees the huge returns obtained by the first batch of venture capitalists who eat crabs, the entire market will be detonated in an instant. And that time happened to be the time when the stock market and property market began to crash next year, and a lot of venture capital had nowhere to go.

In fact, in venture capital investment for technology companies, the most of the failed projects are common, and the successful projects are one out of ten, or even one out of a hundred. However, there are successful cases in front of them, or even with one hundred and ten, and many people will automatically ignore those cases of failure.

It's like going to a gambling house to gamble, every gambler knows that most of the people who go in are losers, but they still believe that their luck and gambling skills will make him one of those few winners.

As long as Li Xuan creates the first batch of successful role models, he can quickly heat up the entire market. After that, as long as there are occasional high-quality companies that keep popping up, so that some of them angel investors can taste the huge sweetness of ultra-high returns, more people can keep coming in to gamble and provide funds for those failed projects that cannot succeed.

And these failed projects are not useless for the development of the industry as a whole. As the saying goes, failure is the mother of success, which allows the entrepreneurs of the project itself to accumulate experience, and can also allow other entrepreneurs to learn from. (To be continued......)