Of course, the establishment of Bluestar Venture Capital can't really hide from Xiao Wenjing, after all, Xia Yu will not be 18 years old until he is a few months old, even if he is a registered company in the Virgin Islands, the legal representative must be an adult, and he has to tell her in advance.

Even so, when Xia Yu calmly spread the registration text in front of Xiao Wenjing, and said this matter lightly, Xiao Xueba, who has always been rough-lined, was still stunned.

"Are you crazy? You are in such a hurry to invest as soon as you raise the money? Besides, how can this girl have the money to invest in you shares, and the living expenses are barely enough!"

Although in many places, the legal representative of the company does not clearly stipulate the shareholding at the time of registration, but the Virgin Islands has a special case here, requiring the legal representative of the newly registered company to hold 10% or more of the shares.

"Have you said that next year must be a good time to invest, especially in the Internet, don't fight with me about this!" Xia Yu deliberately said a little domineeringly, "I can still take out 10 million now, the big deal is to start with seed investment, and the benefits are relatively fast." 10%, count me as what I sent you, is there more. ”

Xiao Wenjing was silent for a moment.

Although they can talk to Xia Yu quite well, the relationship between the two is far beyond that of ordinary bosses and subordinates, and even ordinary friends, and they have made all kinds of jokes. But this 10% is 1 million, and it is difficult for her to get this money normally even if she is in the Xiao family.

Of course, this number does not make her grateful to Ling, but the name "Blue Star" is more meaningful.

She knew that Xia Yu liked the word "star" the most.

Although she didn't have any name and couldn't possibly have it, she instinctively didn't want to refuse. She was once isolated in that family, and she experienced the right and wrong of cold and warm, and the temperature in her heart was higher than that of ordinary people.

But Xia seems to have been touched by it unintentionally.

"Okay, anyway, you often squeeze my labor, so you should give the year-end bonus in advance. By the way, have you thought about the specific investment scope and strategy?" Xiao Wenjing had already regained her composure, staring at him and asking deliberately to hide the little fluctuation in her heart.

Xia Yu didn't notice this, nodded and said, "Of course." As I said last time, for the time being, TMT (1) is the mainstay, especially the Internet. In fact, I have already set my eyes on a few specific ones, and I will go to Yanjing after a while to make an appointment to talk. ”

This kind of venture capital fund of industrial investment nature does not need to set a fixed income period of three to five years, so it is more flexible in terms of funds, and it can also inject new funds at any time.

Xiao Wenjing smiled and said, "Okay, don't do it on a whim, I really don't know how you know everything!"

"He's a genius!"

Xia Yu is also in a very good mood. After a few months of rebirth, I was finally able to follow the direction of my work.

Speaking of which, the establishment of this kind of investment company is still simple, they have not rented a studio anymore, and they have not recruited anyone for the time being, so they simply set aside a small piece of space in Xia Yu's big office to put a new large safe, which is some necessary information and documents.

I don't even plan to hire people for the time being.

In this way, when it comes to investment, of course, it also relies on the personal judgment of the only two limited partners, and this is definitely Xia Yu is not afraid of anyone.

Of course, successful registration is only the first step, and the follow-up mechanism setting and a complete set of investment plan system are all planned.

I can't invest in others at that time, but I don't even have a decent written copy and specific articles of association, so I rely on oral talks, and it is estimated that the entrepreneur will definitely treat him as a liar at that time, or a very unprofessional kind.

So, although Polestar Electronics is running efficiently up and down for a while, and is back on track, he has more free time.

But he was not in a hurry to go back to school, but once again burst out with great enthusiasm and began to build various matters of Bluestar Ventures.

Speaking of which, venture capital is also a conventional saying, because any investment is risky, so the venture capital that people in the general circle talk about mainly refers to the venture capital fund model, and focuses on the research and development of high-tech and its products that contain the risk of failure, so as to promote the commercialization and industrialization of high-tech achievements, and then venture capital can obtain high capital returns.

Therefore, venture capital has been concentrated in the high-tech field since the United States in the 60s of the 20th century, and the semiconductor \ software industry was popular in the early years, and in recent years, it has been the first wave of the Internet.

This type of investment is fundamentally different from the way mortgages were used in the past.

Venture capital does not require collateral and does not need to be repaid. If the investment is successful, the investor will get a return of several times, dozens of times, or even hundreds of times; if it fails, the money invested will be wasted.

In fact, focusing on early-stage venture capital, basically the success rate of the project rarely exceeds 10%, that is, investing in ten companies, and if you are lucky, one survives.

But the fact is that often the return of the one surviving company is enough to offset the nine that failed, and there is still a surplus.

Probably only high-tech companies have such a growth rate and high rate of return.

There are so many success stories in this regard. In the early years, Cisco, Microsoft, and later Google and Facebook have all achieved the myth that some investors' earnings have increased by hundreds or thousands of times in just a few years.

In 2014, when Xia Yu was reborn, after Alibaba went public in the United States in September, its market value exceeded $220 billion in one fell swoop, not counting the financial business part of Alipay, a listed company.

Therefore, Japan's SoftBank Company, which was invested and controlled in the early years, made a lot of money, and SoftBank boss Sun Zhengyi also became the richest man in the world in one fell swoop!

But did Ma Yun, who founded Alibaba, lose money? Without the support of SoftBank, Alibaba would probably not have been able to take off later, and Ma Yun herself would have become China's leading business godfather and the new richest man!

Therefore, for entrepreneurs, the biggest advantage of using venture capital to start a business is that even if it fails, it will not be burdened with debt. In this way, it is possible for young people with skills and dreams to start their own businesses.

Because there is not much money at present, Xia Yu set the target for Bluestar Venture Capital mainly in the seed period and Series A, and the proportion of shares does not exceed 30%, and he can withdraw as early as possible to obtain high returns.

In terms of the target, the project is still valued within several million in the early stage, and it has ultra-high-speed growth and is convenient for exit, which has become a hard condition.

With such a screening, there are actually a lot fewer companies that can enter Xia Yu's eyes.

He instructed the following not to disturb himself except for a regular meeting at a certain time, and then closed the office door and exerted his feverish work momentum!

Flipping through the information, making plans, formulating plans, and scrutinizing the details, Xia Yu searched the Internet little by little, trying to match the company established at this time in his memory, and constantly trying to trigger the "potential memory" hidden in the deep memory at the critical time, and finally delineated the first batch of more than a dozen companies as targets.

There are also some that I can't find on the Internet, I don't know if they are not established or they haven't appeared on the Internet, Xia Yu carefully recalled their company registration topics and checked them on the website of the Industrial and Commercial Bureau.

Most of these companies are in Yanjing, and it just so happens that the technology and electronics industry summit is about to open, Xia Yu simply called all the companies that can be contacted, and made an appointment if he can make an appointment.

Of course, Xiao Wenjing is not idle, she is mainly responsible for some specific data completion and structure supplemental work, and also puts forward a lot of opinions on the choice of the target direction.

These tedious, piecemeal and even boring work lasted for five or six days in a row, but neither of them felt tired.

For the first time, she also saw Xia Yu's super ability in English, logical thinking and execution, which was no worse than herself, a top student at Berkeley!

In the occasional jokes, the relationship between the two is much closer.

Xiao Wenjing once again felt that the young man in front of him, who was biting the pen and meditating, seemed to have matured a lot at work.

After a few months of getting along, at this moment, she suddenly felt that her heart couldn't help throbbing, and she was in a hurry to press it down.

……

Finally, when the work came to an end, Liu Mingsheng, who was in a hurry, couldn't help but disturb the "two-person world" of the two and came to report to Xia Yu.

It turned out that with the widespread popularity of the theme advertisement of "I had a cold in that corner", including the popularity of CRBT later, Polaris K2 has maintained ultra-high exposure, and the total shipment has exceeded 50,000 units for half a month after the official sale, and it is still more than 3500 units per day.

This also leads to zhì, and the K2 inventory on Polestar's side is also quickly bottoming out!

Although Chunhui Electronics has been merged into Polestar, and even Fan Pingze has joined the R&D department led by Yang Chunsheng with the engineering design team and started some new work, Xu Jiahui is busy dealing with the tail goods of Xuanyin MP3 and has not integrated the Chunhui factory for the time being.

"What happened to me at the time, so anxious!" Xia Yu didn't take Liu Mingsheng's report too seriously, and replied with a smile.

To be honest, when the product is out of stock during the hot sales period, it does affect the cash income. However, if we consider it from a market perspective, the out-of-stock of a certain number of dù will sometimes deepen the product communication effect.

What you can't get is the best, I don't see that the futures phenomenon of Xiaomi in the future market is so strict, and it still doesn't affect popularity.

Of course, now Polaris K2 still has the ultra-high fan stickiness and public influence of Xiaomi that has not matured, and this method still needs to be moderate.

Liu Mingsheng rolled his eyes and shouted anxiously: "Oh, my Mr. Xia, you are a big heart, but we can't do it, Luo Dong's kid is going crazy, these days there have been nearby retailers who come to pick up the goods with the full amount, blocking his office and the door of the factory!"

Those who are willing to pick up the goods in full must be retail partners below grade A, they have a low priority to get the goods, and they get less goods under the same conditions, and they are in a hurry to come to the door when they are not enough to sell.

"It's okay, let them wait!" Xia Yu waved his hand and said, "But I estimate that Chunhui's side should also be rectified, it seems that the time given to him is just a week?"

Note 1: TMT, technology, media, telecommunications, usually refers to the Internet as the core of technology, new media and mobile communications and other information technology industries, and gradually towards the trend of integration.

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