Volume 4 Chapter 1 Venture Capital

"Don't think about it anymore, your position is more awkward, and it is natural to be used by someone to get it down." On the dock of the port, Zhong Shi said lightly to Zhong Yi.

This is the marina of the yacht club, and Hong Kong is generally wealthy due to its proximity to the coast, so yacht companies in Europe, Australia and even the United States have set up agencies in Hong Kong. Correspondingly, it has given rise to a lot of yacht clubs, which are large and small, small ones can be joined as long as they are speedboats with windsurfing boards, and the more advanced ones need the size of the yacht, and the more advanced ones even need to be more than 50 inches per yacht.

In addition to the corresponding admission fee, members also need to pay a cleaning, maintenance and maintenance fee to the club every year. Zhong Shi's Wally yacht has not sailed out since entering the port, because he is not in Hong Kong all the year round, and when he is in Hong Kong, it is winter, so it is not suitable to go to sea.

This yacht with Italian luxury pedigree has attracted the attention of yachting enthusiasts since it docked at the marina of the Gem Yacht Association in Victoria Harbour, and even some luxury magazines in Hong Kong have reported on this yacht and the corresponding brand, and the good people even compared him with the Australian yacht of Zhao Jiezeng, and finally came to the conclusion that this yacht is far more luxurious than the yacht of the king of boats.

To the disappointment of many enthusiasts and observers, the yacht, named Reborn, has not been out to sea since it was moored, and not even its owner has been seen. Many enthusiasts lamented the violent destruction of the heavens and aroused great curiosity in their hearts, and they speculated about the identity of the owner of this yacht. But where does Zhong Shi have time to pay attention to these rumors?

This day was just in time for Zhongyi to come back from the United States, and in the process of chatting with him, Zhong Shi remembered the existence of such a yacht, and was immediately aroused, so he came to the Jewel Yacht Association with Zhongyi, planning to go to sea under this scorching sun to cool off.

Behind the Zhong brothers is their favorite girlfriend Zhou Yufang, the two have reached the point of talking about marriage, and the Zhong family has also seen Zhou Yufang and is very satisfied with her. At this time, Zhou Yufang was wearing a black and white silk skirt, a beige silk scarf around her snow-white neck, and fashionable sunglasses under a big fisherman's hat. Cover your entire face firmly. This dress is very trendy even on the streets of Milan and Paris.

And the two Zhong brothers are dressed much more casually. Zhong Shi wore a T-shirt with the University of Chicago logo underneath a short white knee-length strip and a pair of flip-flops under his feet. Without the prominent words "UniversityofChicago" on the T-shirt, no one would have imagined that this person was the owner of the mysterious yacht.

Although the clothes of the favorite are not as casual as the bell stone. But it's also inconspicuous. A short-sleeved shirt with a round neck and no logo. With a pair of milky white slacks, a pair of pale yellow leather shoes on his feet. He was improvised by Zhong Shi and didn't have time to change into proper clothes.

Although the favorite dress is not conspicuous. But Zhong Shi knew that Zhongyi's dress was not simple, it was basically customized, and it should have been carefully selected by Zhou Yufang for him.

Thinking of this, Zhong Shi couldn't help but glance at Zhou Yufang who was following behind them, thinking that Zhong Yi had found the right person, and under Zhou Yufang's words and deeds, Zhong Yi's taste grew very quickly.

Giving Zhong Shi a "glare" for no reason, Zhou Yufang couldn't help but feel a little weak, lowered his head and quietly pulled the brim of the fisherman's hat down, and thought in his heart: "Isn't this little ancestor dissatisfied with such a trendy dress?" No, the next time you see him, you must dress modestly. ”

Others don't know, but Zhou Yufang knows very well in her heart that the Zhong family can have today's achievements, and 99% of the credit is attributed to Zhong Shi's head. Originally, after she wanted to be the president of Huajin Company, she could still speak a little harder, but after only three months of holding on to this newly established investment bank, she was forced to resign, making her keep a low profile again.

Huajin was established in mid-95, of which Stanley held 43% of the shares, Huaxia Commercial Bank held 47% of the shares, the remaining 7% of the shares were held by Singapore's Temasek Investment Company, and Zuihou 3% of the shares belonged to the president.

In terms of personnel composition, Stanley Company mobilized a group of business elites to Wall Street, and the personnel of the Chinese side formed a total of six main departments, which are the investment banking department, the sales and trading department, the fixed income department, the asset management department, the capital market department and the research department, which completely replicated the internal structure of Stanley.

Originally, Huaxia Commercial Bank wanted to cooperate with Goodman, but Goodman rejected this good opportunity to enter the Huaxia market. They did not want to set up a joint venture investment bank, but wanted to establish a fully controlled investment bank, and naturally they broke up with Huaxia, while Stanley took the opportunity to set up this investment bank with Huafang.

Although all this is starting from scratch, due to the words and deeds of Stanley, a big Wall Street leader, Huajin is at a very high starting point at the beginning of its establishment, and Huaxia's employees are also extremely high-quality talents, so Huajin's business is developing very quickly.

However, the congenital defect put Huajin in a dilemma at the beginning of its establishment, that is, the Chinese employees only listened to the orders of the vice president of the Chinese side, while the Western employees from Wall Street only followed the orders of the vice president of their faction, and no one listened to the opinions of the favor.

Being overshadowed is not the worst of it, because even so, Zhong Yi was still able to spread his influence through slow infiltration, and just as he was about to make a move, an internal email with unequal pay for equal work wiped out all his efforts and finally forced him to resign.

It was not the fault of Zhongzhong, because Stanley and the Chinese side had set up a new joint venture investment bank, and the employees of the Stanley Asia-Pacific branch in Hong Kong did not agree, and they deeply felt that their jobs were in danger, because then there was no need for the Hong Kong branch to exist. In this case, they obtained the salary situation within Huajin Company, and poked out the difference between the salary of Chinese employees and foreign employees, and the Chinese employees naturally quit and began to make trouble within the company. The result of this incident is that Zhong Yi, who has not yet sat in the hot position, stepped down and became the scapegoat for this unequal pay for equal work.

The salary of the Stanley employees who were sent to Yanjing is completely in accordance with the Wall Street model, basically a small analyst has a salary of tens of thousands or even hundreds of thousands of dollars, while the level of employees in China is much worse, and the monthly salary of tens of thousands of yuan is already a very high level. According to the exchange rate, the annual salary of Chinese employees is a few tenths or even less of that of foreign employees, which naturally makes them very unhappy.

Although it is not known how to solve the problem in the end, through such a trouble, the employees of the Asia-Pacific division of Stanley Company are satisfied with their jobs, and the Chinese employees of Joaquin may also be partially raised. The biggest loser in the whole thing was Zhongyi, who returned to Washington with a 3% stake and continued to work at Shijie Bank.

It's now May '97, and Zhong Yi is a little tired of Shijie Bank being a white shijie all day long, and he resigned and returned to Hong Kong without informing anyone, one to take a break and the other to return to Hong Kong to work.

Zhong Shi knew that Zhong Yi was not completely relieved of this short experience of failure, and he was very unwilling to suffer such a serious calculation when he first entered the workplace. However, if you are working in the interior, struggle is an indispensable task, and although this is the case everywhere in Shijie, it is still extremely rare for such a struggle to be everywhere in the interior.

The work of Zhong Yi in Shijie Bank is relatively simple, dealing with economic data for a long time, even if it is a personnel battle, it is difficult to get involved in his level, you must know that the struggle involving the internal position of Shijie Bank is supported by relevant countries.

"You can say something like that, you know, I'm a vagrant now." Zhong Yi sighed and continued with some sadness, "There is an institution in Singapore that wants to ask me to be an economic analyst, what do you think?" He had become accustomed to following Zhong Shi's advice on such matters.

"Not good!" Zhong Shi vetoed it in one bite, "Is it Temasek?" Or is it a Singapore government investment? Both of these are in the nature of sovereign funds, to put it bluntly, you still do things for others, and the meritorious ones are the superiors, and the kind that you carry yourself if you have them. Think about what happened to you! ”

At the mention of his experience in Joaquín, Zhongyi's face turned a little pale, and he bit his lip and stopped talking.

"Do you know angel investing? What about VC? What about PE? Zhong Shi was also a little embarrassed when he accidentally mentioned Zhongyi's scar, he pouted in embarrassment and quickly changed the topic.

Zhong Yi's face showed a thoughtful look, and after thinking for a long time, he said uncertainly: "I've heard of some, that is, some have haode entrepreneurial projects and lack of funds, and then these institutions you said will invest a part of the start-up capital in entrepreneurs according to the entrepreneurial jihua to realize their business jihua, right?" ”

"Yes, it's not." Zhong Shi nodded and explained, "If you invest as an individual, then you are called an angel investor. If you invest money in the early stage of a start-up as an institution, this kind of institution is called VC (venture capital), and once the company has reached maturity and wants to expand its scale and management level, they will go to PE (private equity fund). ”

"What are you saying this to me?" Zhong Yi nodded, indicating that he understood what Zhong Shi meant, and then asked puzzled.

"I want to set up a venture capital fund and let you take care of it, what do you think?" Zhong Shi smiled and said what he had been planning in his heart for a long time.

Zhong Yi was stunned for a moment, and after thinking for a long time, he asked slowly: "It's like that family...... Amazon-like model? (To be continued......)

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