There has never been a shortage of opportunities for the development of Huaguo Semiconductor.

Just since the establishment of SMIC, the semiconductor foundry in China began to catch up with the advanced process, and the yield rate of a small number of domestic supply chains at that time could not be compared with foreign countries.

For these Chinese enterprises, at least there is room for survival.

After 18 years, it is not too easy for these small but fine enterprises that have survived for more than ten years to be listed on the Science and Technology Innovation Board.

The most fundamental reason is that when I have the opportunity to buy foreign technology and have the opportunity to build my own semiconductor industry chain, I don't realize the importance of this matter.

Needless to say, private capital cannot make money in this kind of industry.

It mainly needs to rely on government support.

Just like the storage industry is counter-cyclical, it is a reason for the Korean government to subsidize Samsung and Hynix on a large scale.

In fact, China knows this truth, which can be seen from the subsidy BOE.

It's just that in the semiconductor industry, the Hanxin incident in 2003 has affected too many years.

From the central to the local government, there is no ability to distinguish and dare not distinguish the advantages and disadvantages of these semiconductor high-tech companies, and they dare not support the semiconductor companies with real technology.

Zhou Xin had talked to some veterans of the semiconductor industry for many years about similar issues, and everyone agreed that the Hanxin incident had caused the entire Huaguo semiconductor industry to regress for at least ten years.

A group of companies that needed to rely on policy subsidies to barely maintain themselves basically died after the Hanxin incident.

With Zhou Xin's current popularity in China, as long as he is willing to return to China to invest, he basically wants to prevent the Hanxin incident from happening.

The Bill and Melinda Foundation is expected to buy a stake in Riot Games, which is expected to be in the $200 million.

The exact percentage of the stake is unknown, but the move will catapult Riot Games' co-founder, Newman Zhou from Huaguo, into a billionaire.

The investment in Riot Games represents the first time that Microsoft co-founders Bill Gates and Newman Zhou are working closely together on a business level.

Analysts believe that Bill Gates' investment is not just a simple investment, but part of Microsoft's strategy, and the reason why the investment was not reached in Microsoft's name is because Microsoft's board of directors has been unable to agree on the amount.

According to inside sources, Bill Gates values RiotGames at around $500 million, while the rest of the board believes it is worth up to $100 million.

The large gap in valuation between the two is the root cause of the acquisition in the form of the Gates Foundation.

At the same time, Yahoo! Jerry Yang's interest in acquiring Riot Games was also a big part of what prompted the Gates Foundation to close the deal so quickly.

A spokesperson for Microsoft in New York declined to comment on the matter yesterday, as did a spokesperson for Microsoft in Seattle.

Microsoft's stock price rose slightly after the news that Bill Gates had acquired a stake in Riot Games in his own name. Clearly, the market is optimistic about the deal.

A Wall Street securities exchange analyst said of Gates and Melinda Foundation's acquisition of Riot Games: "It's a big positive, because RiotGames is the most dynamic forum ever, and it's the clearest monetization forum ever." It's unclear how much Mr. Gates values Riot Games, but after working with Yahoo! The competition to get a stake in RiotGames is already a success......"

In the end, Zhou Xin and Bill Gates reached an agreement, and Bill Gates acquired 40% of Riot Games for $200 million.

The acquisition is in the name of the Gates Foundation, not a business venture by Microsoft.

Before the agreement was reached, Yang Zhiyuan made a special call to Zhou Xin and expressed his willingness to buy Riot Games at the same price.

But what Yang Zhiyuan wants is a wholly-owned acquisition, while Zhou Xin only accepts part of the shares.

The investment institutions that were already eager for Zhou Xin became more enthusiastic.

"If Zhou is just a rising star in the Internet industry at Americaken, then Bill Gates is a sun-like figure in the Internet industry.

With Riot Games backing Bill Gates, and the nature of the business itself, is there a better investment target than Riot Games in Silicon Valley? These are the exact words of the head of Goldman Sachs' investment department.

Not only does he think so, but other investment institutions also think so.

In their opinion, it is now possible to operate Riot Games on the NASDAQ.

You must know that now is the heyday of the Internet bubble, basically as long as there is a story to tell, there is no revenue and profit can go public.

Going public is simply not too easy.

After the $200 million was received, Zhou Xin and Bill Gates injected a total of $200 million into Riot Games according to the proportion of shares.

In other words, Zhou Xin still has 80 million US dollars in cash and 60% of the shares of Riot Games, and Riot Games has 200 million liquidity.

Once the liquidity is in place, Riot Games can start recruiting and expanding massively.

"Sure enough, as I said, you'll soon be my boss." Susie Dink arrives at Riot's garage and hugs Zhou.

Yes, after reaching an agreement with Bill Gates, he took the initiative to propose to the other party that he did not have senior management talents under him, and he needed to expand after the funds were in place.

He can't put all his energy into Riot Games alone, and hopes that Bill Gates will introduce some senior managers to him.

He is only responsible for strategic planning.

Because of this, Bill Gates introduced Susie Dink, the head of Microsoft's product department, to Zhou Xin.

Zhou Xin worked under Susie Dink, and knew that although the other party was of Indian descent, his ability and management style were enough to control a start-up.

As a result, Susie Dink became Riot's new CEO and the first true executive of Riot Games.

Zhou Xin is the founder.

"Mr. Gates highly recommends you to me, and he considers you to be a first-class manager.

You're also the only executive I've known during my tenure at Microsoft, and I have full confidence in your abilities.

But I don't know if you have a general idea of Riot and what you're going to do when you come. ”

Susie knew it was a test for him.

He didn't know the difference between offense and defense, but he felt a similar way in his heart.

Less than half a year ago, it was the last round of interviews for interns he hosted, and Zhou Xin was among the interviewers.

Half a year later, it was Zhou Xin's turn to interview him.