Chapter 50: Showing You Something!
This sentence is often said to him by a senior investor whom Zhou Xin knows, and the opportunity that everyone can see is no longer an opportunity.
People who only realized Douyin in 2023, and then wanted to do Douyin traffic, can only face a Red Sea market and a group of bloggers who want to cut your leeks.
Wu Shiqiang was a little surprised, because he knew Zhou Xin's resume very well, so he knew that Zhou Xinyan transferred to Berkeley.
After arriving at Berkeley, I started my own business, and I never heard that Zhou Xin had made an investment.
However, he obviously did not show surprise on his face, but nodded again and again: "What you said is very reasonable.
My thinking is not yet in place, mainly because I am a little anxious about the change of identity, which is a relatively superficial thinking. ”
Zhou Xin continued: "In fact, investment and academia are the same truth, the easier it is to find the results, the sooner they will be done by predecessors, and the more difficult it is to produce results, the more opportunities you have to do it."
You just gave the example of online shopping, which is a good example, precisely because Huaguo does not have this basic condition now, and everyone thinks that it is not a good business.
But the incident itself proved its success on the Nasdaq, which has a total of four listed companies focused on online shopping, and three others in addition to the top Amazon.
And Amazon's valuation is approaching $30 billion.
There are only 280 million people in Ameriken and 1.3 billion in China.
A market of 280 million people can accommodate 4 listed online shopping companies, how many can a market of 1.3 billion people in China accommodate it? How big is this market?
When China's infrastructure construction is ready and all kinds of logistics systems are smooth, even if we can obtain this kind of investment opportunity, how many times will it cost to pay now?
Of course, I'm not accusing you, I'm just giving you some inspiration from an investment perspective.
In the future, after you return to China, it will be very troublesome for us to make ocean calls, and we still have a time difference.
So while we're both in San Francisco, I'd like to share some of my thoughts with you. ”
Wu Shiqiang was also convinced, because Zhou Xin's thinking was indeed deeper than him.
He nodded again and again, and Zhou Xinzai continued: "As a new investment fund, we need representative cases.
In this way, in the future, some easy-to-pick peaches will be able to get our turn.
When you return to China, I will give you a 30 percent increase in the salary you received at the San Francisco branch.
Performance-based pay is calculated separately and based on the specific investment situation.
After you return to China, you need to start the formation of the whole company, after the entry of human resources, you talk to him in detail about the construction of the salary system, and your performance salary will be based on the performance salary in the construction of the salary system. ”
Then Zhou Xin added: "In addition, there are not many people in the investment department, two or three are enough."
You take them to contact as many projects as possible, to see more companies, and I need to learn as much as I can about the situation in China.
If you can, learn more about the semiconductor companies in Huaguo, specializing in chips, companies with technology, even if these companies have no commercial value, you need to make a detailed report to me.
Forget it, if that's the case, two or three people are too little, so let's increase it to ten. ”
Zhou Xin understands the development of technology, but he does not know what semiconductor companies in China are before and after the millennium, and which ones are really technological.
He doesn't understand the status quo.
After the end of the Hanxin incident, there are too many semiconductor companies in Huaguo that have collapsed, and there are very few semiconductor companies that can survive from 1999 to 2018 when the industry is reversed.
"The most important thing is the legal department, the contract must be clear, and the other party must not be left with room to exploit loopholes.
All situations need to be taken into account.
My biggest request for you is to assemble a top-notch legal team, and don't worry about spending money.
Find the most experienced legal professionals in the industry.
When entrepreneurs hear our name, their first reaction is that they are well-known investment institutions, and the second reaction is that they have the strongest legal department in the Eastern Hemisphere. ”
Zhou Xin played a stalk that the other party didn't know, and Wu Shiqiang nodded again and again: "Don't worry about this."
I still have a lot of friends in the legal profession, and I will definitely pick the most experienced in-house counsel in the financial industry. ”
It is not uncommon for investors and entrepreneurs to quarrel over interests.
Various entrepreneurs take advantage of contract loopholes to kick investors out.
Or transfer the company's technology and funds to investors.
Zhou Xin didn't hear much about this kind of thing in Lujiazui.
Especially at dinner, when you have a little wine at this time, people are easy to become emotional, and as long as a group of investors starts to tell the story of how they were cheated by entrepreneurs, everyone else will follow suit.
It's just that Zhou Xin was from the perspective of entrepreneurs at that time and felt that their performances were too exaggerated.
Now he has changed his identity from an entrepreneur to an investor, and of course he has to make use of the wrong experience of his predecessors.
It also allows the reckless entrepreneurs in China to see the power of the law.
Of course, there are also people who touch him with a red line, and the red line is gone, and they can only consider themselves unlucky when they encounter this kind of thing.
Finding Wu Shiqiang can also effectively avoid this situation.
Although Wu Shiqiang's skills are not good enough, it is still enough to recognize people.
"Then tomorrow there happens to be an investment opportunity, and I will take you to look at this project together."
......
"Hello Larry, I was introduced by Scott Hassan......"
Before Zhou Xin could finish speaking, Larry Page had already gotten up and gave him a hug by the way:
"Newman, I've heard you, since your Angry Birds release, I've seen a lot of colleagues in our garage playing it during breaks.
I love your game myself! ”
With another white man sitting quietly on the couch, Larry Page appears particularly outgoing.
The paralegal Aimo Wasser, who was arranged for Zhou Xin by the law firm in San Francisco, gave Zhou Xin a surprise.
During a small talk, the other party said that she knew Scott Hassan.
Scott Hassan, a member of Google's genesis team, wrote most of the code for the original Google search engine before leaving Google before it was officially founded.
Zhou Xin didn't remember this incident, but as his memory became clearer, he remembered who Scott Hassan was, and then followed Aimo Wasser to contact the other party.
When Zhou Xin said he wanted to invest in Google, Scott Hassan said he could put him in touch with Larry Page and Sergey Brin.
That is, the two founders of Google.
"Haha, it's a very special game, and even though a lot of people around the world like it, it's still nice to have your approval."
"This is our other founder, Sergey Brin!" Larry Page hurriedly introduced Zhou Xin.