Zhou Xin received replies from Robin and Larry Page almost simultaneously, and both expressed their willingness to accept his investment.

This makes Zhou Xin both happy and worried, because whether it is Google or Baidu, it is definitely the best batch of unicorn companies.

Investing in such enterprises can easily achieve a return on investment of 30 or 50 times.

The worry is that he doesn't have enough money in his hand, he got 200 million US dollars from Bill Gates, but in fact, he injected 120 million into Riot Games, which is equivalent to only 80 million in cash in his hand.

Fortunately, Angry Birds is still generating income for him, but that revenue will first be shared with Ashley and Stephen.

Secondly, in the later stage, free download links are flooded with large and small websites, and there are only a few users who are willing to pay for them.

There is almost no increase in this part of the income.

Coupled with Angry Birds' income, Zhou Xin only had less than $90 million in cash on hand at this time, and injected 20 million into NewPay.

In addition, Zhou Xin also set up a company focusing on social media in Silicon Valley, where he invested 20 million.

After discussing it with Hu Zhengming, the semiconductor manufacturing industry spent even more money.

In fact, after calculating it, reinvesting in Google and Baidu is quite stretched.

After thinking about it, he still had to put Riot Games on the market as soon as possible, so that the cash flow in his hands could be more abundant.

When Google and Baidu raise funds in the future, he will be able to follow suit.

Zhou Xin plans to follow one or two rounds, and then there is no special need.

"Shiqiang, both Google and Robin are willing to accept my investment, which side do you think is better to invest?

I'm sure you've collected a lot of information about them these days. ”

Zhou Xin called Wu Shiqiang over after receiving the reply.

Wu Shiqiang has not yet returned to China, because he resigned from the bank, and there needs to be a desensitization period, not to mention his overseas branches, which starts at three months.

However, apart from telling the president of their branch, Wu Shiqiang did not disclose his whereabouts to other colleagues.

Because there is no need, the opportunity is rare.

Zhou Xin's personal phone may be available to other colleagues in their branch, and when the time comes, they will recommend themselves. Wu Shiqiang doesn't think he has any irreplaceable advantages.

"Purely product-wise, Google's search experience is really better than Yahoo's.

I agree with you that as the content of the Internet grows, Google's advantage over Yahoo will become more apparent.

I don't think there's a problem with investing in Google.

As long as the valuation is less than $10 million, you can invest as much as you can.

As for Robin, I don't know, I've asked some of my friends in the past two days, and they don't know much about Robin. Wu Shiqiang said.

Those who do finance have never heard of technology, and it is normal to engage in technology.

Even if you are engaged in technology, you have to do the subdivision of search engines to know Robin.

Wu Shiqiang knows that learning opportunities with big guys are rare, especially in areas that are very unfamiliar to him.

There is little overlap between the work of banks and the world of investment.

There is a big gap between the macro information obtained from the financial media and the actual business.

Wu Shiqiang has a further understanding of this, Google's product experience is better than Yahoo's, can you realize it if you haven't really touched it?

From Google's excellent product experience to investing in Google, there are deep barriers to be broken down.

Therefore, the logic of investors is not the same as that of ordinary people.

Wu Shiqiang continued: "Just talking about Google, after this time I went to run business with you, I realized that there will definitely be no shortage of good products like Google on the market.

Investors need to dig up the gold hidden under the soil.

I have come to understand that the first principle of investing is independent thinking and peace of mind.

It is a completely wrong notion to always think that there are giants ahead, so there are no investment opportunities in this field.

In an expanding market, if there are giants in front and companies in the back have a comparative advantage, this is an opportunity. ”

This is also an important reason why Taobao and Jingdong are in front of the future generations, and Pinduoduo and Douyin shopping can still rise.

They have found new increments in a mature market.

Zhou Xin was a little noncommittal, because Wu Shiqiang had only gone from the first layer to the second layer, and he was already on the fifth layer: "Shiqiang, you just said something very good.

That's independent thinking.

But you don't think deep enough, you need to think further.

Google's products are better than Yahoo, this is something that anyone who has used it can know, the product has advantages, why is Google not famous in Silicon Valley or Wall Street?

Because they only have a search engine, which is better than Yahoo, and Yahoo is more than just a search engine.

Yahoo integrates a range of services such as portals, Yahoo News, Yahoo Mail, etc., and the search engine is just one of its modules.

Even if Google has the advantage of using the search engine, people will still choose Yahoo because they can enjoy more services through Yahoo.

As for the increasing amount of content on the Internet, then I can use Google as a tool and continue to use Yahoo as an Internet service provider.

Do you think the tool is more valuable or the Internet service provider is more valuable?

Google as a tool can only rely on advertising to charge, if he wants to charge by the number of searches, will users buy it?

Are people staying longer on tools, or are they staying longer on internet services?

The longer you stay, the more valuable your ad is. ”

originally thought that he had thought clearly enough, but Wu Shiqiang fell into confusion again, but he quickly thought: "But Google is also valuable."

Investing is not about investing in a better company than Yahoo.

Rather, it is about buying when the price of a business is lower than its actual value and selling it when its price is higher than its actual value. ”

"That's also the principle of investment, yes, I just said so much to confuse you.

In fact, Google is still a more valuable business than Yahoo, and you can think about why. Zhou Xin smiled.

Zhou Xin does not shy away from cultivating Wu Shiqiang, after all, Wu Shiqiang will do things for him in the future.

As for cultivating Wu Shiqiang into an investor with a vision far beyond the current one, this is also a good thing, and Huaguo is now short of investors with vision.

Money is never earned by one person.

"Okay, you go negotiate with Google and talk to Robin at the same time.

Before my bottom line, you also know that Google's valuation is no more than $15 million, and the more shares, the better, at least 10%.

As for Robin, give him a valuation of five million dollars, and we want thirty percent of the shares.

He told Robin that $1.5 million is enough for Robin to recruit a few programmers to make the product, and when the product comes out, I will help him contact the second round of investment.

The second round of investment of 10 million US dollars was launched.

For both of these investments, we need to have a follow-up right of first refusal. ”