Chapter 49 The First Lesson of Investment

Recruitment must not be the stronger the ability, the better, but the more suitable for you, the better.

This is Zhou Xin's deepest experience in recruiting people from scratch.

Generally speaking, the more capable people have, the more ideas they have, and when they work with you, when their promotion speed is greater than the development space that the company can provide him, they will have the idea of changing jobs or doing it themselves.

In Huaguo, which started the rapid development of chip pigs in 2018, there are few people with strong ability and sufficient educational background who jump once a year.

However, the semiconductor industry pays attention to a stability, you are familiar with the machine, and then you have to change jobs, and I have to recruit people again to be familiar with the machine and production.

Zhou Xin has eaten this pit before.

There are several reasons behind his feeling that Wu Shiqiang is easy.

First of all, Wu Shiqiang did not refuse when he faced his needs, there were many small remittances, and he needed the cooperation of the bank to provide his mobile phone number and postscript.

Wu Shiqiang has no resistance to new things, and will understand first and then have the mentality of trying.

This is very important for investing in Internet start-ups in China, although Zhou Xin, the investment target is very clear, but the person responsible for the specific implementation also needs to have a proactive mentality.

The second is that Wu Shiqiang can stay in the San Francisco branch for five or six years without moving, and patience is equally important.

These two qualities are enough to be an investment manager.

"Mr. Zhou, I am very grateful for you to be able to give me this opportunity, and I am willing to work for you, but I am curious about one thing, that is, why did you choose me?"

With the rapid rise of Zhou Xin, he is now the second most well-known Chinese in the entire San Francisco Bay Area after Yang Zhiyuan.

Because the San Francisco branch of Huaguo Bank had transactions with Zhou Xin, Wu Shiqiang once personally helped him handle business.

Therefore, Wu Shiqiang has a more intuitive understanding of Zhou Xin's rise and wealth.

Zhou Xin remained in the account of the San Francisco branch of Huaguo Bank, and to this day there is still a steady stream of dollars coming in.

Compared to being a person in charge in the lobby, engaging in angel investment is obviously much more interesting and promising.

You wrote a piece on your resume, from 1999 to ****, worked in the business department of the San Francisco branch of Huaguo Bank.

Or write a story from 1999 to **** years, led the establishment of an angel investment institution, and participated in how many investments, how many billion RMB was invested in total, and how much return on investment was.

Obviously, the latter resume will be more helpful for the rest of your career.

Wu Shiqiang also knows his background, and it is already the limit to be able to get him to this position.

Climbing up further, he neither possessed this ability nor had the corresponding way.

It was a rare opportunity to be able to work for Zhou Xin, but as a senior manager.

But the more this is the case, the more Wu Shiqiang feels that he must ask some questions clearly in advance.

"Because I think you have a keen sense of the internet.

I was all over San Francisco and you were the only ones who wanted to do it.

Only you realize that our business is valuable. ”

Zhou Xin said seriously.

That's exactly what he thought.

Compared with the job market in China, the job market at Ameriken does not place as much emphasis on academic qualifications.

The job market in China has almost all the rules and regulations, and you can enter the corresponding grade of enterprise after graduating from a school of what grade.

Qingbei into the headquarters, 985211 into the provincial branch, one to the city outlets, two to the county outlets.

This is true for the big state-owned banks, and the same is true for other companies.

But in foreign countries, many times the luck factor is even more important than academic qualifications.

Zhou Xin, both in the past and now, has heard many similar cases in American.

His choice of Wu Shiqiang also has this consideration.

"It's just for my sake, which is both Chinese, you looked like a dusty man at the time, and I thought that everyone was a compatriot, and if you could, you could help.

It's not about realizing the value of the business itself.

To be honest, I thought at the time, it would be nice if your game could sell a thousand copies.

As a result, you've now sold more than two million. Wu Shiqiang is very frank.

Zhou Xin nodded and said: "Empathy is also an ability.

It doesn't matter.

Since I will call you to meet today, it means that you are the best person in my mind.

In terms of ability alone, this is not particularly difficult.

Because the final decision on investment is in my hands, not yours.

You just need to follow my instructions, screen out the businesses you feel are promising, and send them to me.

I'll tell you what I think I can invest in, and then you can negotiate with them and try to get as much terms as possible that are good for me.

But in the end, it's up to me to decide whether to vote or not. ”

Wu Shiqiang instantly understood, which was equivalent to having the nature of a researcher.

The risk is entirely borne by Zhou Xin.

Investment failure is not terrible, what is terrible is that you are laid off after investment failure, and you only have the experience of failure on your resume.

As an investor, if your resume is only about failure, then no matter how strong your ability is, it will be difficult to find someone willing to use you.

The degree of superstition in the financial circle is even greater than that in the entertainment industry.

"Then I understand, in fact, after you talked to me about this matter on the phone, I had preliminary thoughts.

When you go back to invest, you will find companies listed on NASDAQ, and then find their benchmarking companies in China.

The model of these companies has been proven in Americon and can be successful.

Then I look for similar companies to invest, and the probability of success is guaranteed. ”

Wu Shiqiang paused for a moment and then said, "Not exactly.

Like Amazon, China's infrastructure construction and logistics system have not been perfected, and this kind of business can only succeed in China.

Wait for the relative improvement of the infrastructure.

If we invest in similar businesses too early, there will be a lengthy waiting cost.

And when the time comes, it may not be the success of the companies we invest in.

However, companies such as online forums and portals, which rely entirely on the online model, have a relatively higher probability of success.

The Nasdaq also has a higher level of recognition for such businesses. ”

Zhou Xin nodded and said, "You're right, but have you ever considered a question?"

That is, there are many investment institutions that can recognize this.

Like the more famous ones are IDG.

There are also some other Americ Ken capital, such as American Investment Institution, which invested $6.5 million in Sina the year before last, and invested in Yinghaiwei's state-owned capital.

From international capital to state-owned capital, everyone wants to invest, why did they choose us?

Sometimes the investment opportunities that are exposed to the outside mean that you have to face a lot of competitors.

Unearthing the treasures that lurk beneath the surface of the water is the first lesson for investors. ”