Chapter 285
Chapter 285 Chain Reaction
When Fang Qiuyu heard this, he immediately looked towards Song Yang with a little expectation in his eyes.
Seeing Fang Qiuyu's expression, Song Yang didn't give a shit, and said directly, "Asian Star Wish Foundation will inject 20 million US dollars to set up a venture capital department, which is dedicated to investing in domestic Internet, electronic technology and other high-tech industries!"
Whether it's the Internet or other high-tech industries, it's actually a game of raising Gu. Countless Internet companies fight each other, and one survives, harvesting the leeks of the entire industry and becoming a giant. Which one came down.
And in this game of raising Gu, it is necessary to burn countless knives to let the Gu become the surviving insect king!
But now in the world, those who are capable of investing in the Internet and high-tech industries are basically Silicon Valley and Wall Street. Silicon Valley and Wall Street can cut the leeks of investors all over the world, and continue to draw cakes and cut leeks to burn money to support the Internet.
Similarly, in the domestic Internet industry, money is also needed, at least in the early stage, whether it is Yinghaiwei or Sohu and other companies, they also need a lot of money.
But in the current domestic environment, money is being used everywhere. Banks are definitely not willing to invest money in such a risky Internet industry. Ordinary investors have no confidence in the Internet, or in other words, they have no awareness of investing in the Internet. Is it not good to buy a house? No matter how bad it is, buying things like coal mines and iron mines will make you a flat profit. No matter how bad it is to buy antique gold and the like, it will also preserve its value. Investing in the Internet, no one knows whether the money will In vain.
So it is doomed that domestic Internet companies can only find money from Wall Street, Silicon Valley, Japan, Europe and other places. Investors from Wall Street, Japan, Europe and other places!
Now, Song Yang has established the Star Wish Foundation in China and established the first venture capital institution in China. It is hard to say how many changes will be made to domestic Internet companies, but it will make domestic Internet companies less controlled by others...
"After the venture capital department is established, you can select potential Internet and technology companies for incubation investment, technology, and operational support!" Song Yang said to Fang Qiuyu.
Fang Qiuyu took a deep breath, and nodded vigorously towards Song Yang. Before coming, he thought that he might gain something from Song Yang, but he didn't expect it to come so suddenly.
Song Yang actually directly handed over the venture capital department and 20 million US dollars to him for management and investment, and gave him a lot of authority. Projects below 500,000 US dollars were decided by Fang Qiuyu himself. For Wanmeidao's venture capital project, it is enough for Fang Qiuyu to send a Hotmail to Song Yang. Only if he is particularly optimistic about a certain company, Fang Qiuyu needs to call Song Yang to report.
And the Asia Star Wish Foundation is operated independently, that is to say, Fang Qiuyu only needs to be responsible to Song Yang, and there are no mothers-in-law and mothers on his head. He only needs to report to Song Yang!
To put it bluntly, Fang Qiuyu has basically become the number one venture capital investor in China when the news spreads. If Fang Qiuyu is asked to attract investment, it may break his threshold.
Looking at this scene, Pan Jianghong couldn't help but sigh in his heart. Pan Jianghong doesn't know what the Star Wish Foundation can achieve in the future with its venture capital capabilities, but he can be sure that the Star Wish Foundation is probably an investment manager, and the company he most wants to come to ,none of them!
Just looking at Fang Qiuyu's state at the moment, I'm afraid it's not an exaggeration for a scholar to die for his confidant. As long as Song Yang gave Fang Qiuyu the authority and trust, Fang Qiuyu might not have risked his life.
"After the investment department starts its business, it will also adopt the partner system. If you join the venture capital department of Star Wish Fund, as long as your performance is qualified, you can get the status of a partner. In addition to salary, you can get project dividends, commissions and other benefits! "
The partnership system is a routine commonly used in the legal industry, the investment industry, and Wall Street. It is to motivate investment managers and make them work hard.
However, those who can get the status of partners are generally those with senior qualifications who have survived for many years, or they are absolutely capable people!
And this kind of partnership system is generally used as a means to attract talents, giving them absolute positions and salaries, and poaching them from other investment companies.
But in China, this kind of partnership system is still rare. Generally, at most, it is to increase salary and issue equity rewards. In fact, there is not much difference, but when it comes to Bige, it is always a bit worse.
If there is no accident, as long as Fang Qiuyu has the ability and is not bad at pulling his hips, then he will definitely become the first partner of Asia Star Wish Fund Venture Capital Company.
"President Song, rest assured, I will establish a venture capital department as soon as possible, form the best investment team in China, and conduct research on the domestic Internet and technology industries!"
Fang Qiuyu eagerly said that he himself graduated from Yanjing University of Finance and Economics, and he has certain connections and advantages in the country. Whether it is banking, finance, or other departments and units, he can more or less get involved. To form a top-level It is not difficult to have a professional investment research team.
Song Yang nodded, he is not suspicious of people, and there are no big names in the Internet and technology industries in China, but there must be a start. Fang Qiuyu has been on Wall Street, knows the routines and habits of Wall Street, and Received professional and systematic investment training.
Don't ask Fang Qiuyu to be able to invest in a new era like the four major venture capital giants in Silicon Valley, Don Valentine, Arthur Locke, etc. What Song Yang asks, as long as he is not blind and does not miss companies with the potential of top giants , that's enough.
"In addition to investing in the Internet and high-tech industries, the Star Wish Investment Department also invests in some other industries. Eggs cannot be put in the same basket."
Song Yang explained to Fang Qiuyu that Song Yang hopes to provide a little help for the domestic Internet and electronic technology industries, but the premise is that the investment department can survive, which is the premise of everything!
"In the future, the most potential domestic traditional industries are infrastructure, real estate, home appliances, chemicals, materials and other industries, as well as the wine industry and other consumer industries. The investment department can also select suitable companies for investment."
Song Yang did not directly say that next year he will buy the bottom in Southeast Asia, but he still said to Fang Qiuyu in a subtle way, "Of course, when the time is right, you can also invest in the real estate and property market in Bangzi, Japan, and Hong Kong City!"
Investing in the Internet industry is not afraid of losing money. As long as you can make money back from real estate, wine and other industries, the investment department of Xingyuan can continue to play.
Fang Qiuyu listened to Song Yang's words, and always felt that there were some differences and meaningful meanings. Moreover, the real estate industry in China, including the wine industry, was not very prosperous, but Song Yang wanted to invest, which made Fang Qiuyu have some speculations. But listening to Song Yang's meaning, it seems that he doesn't care about the risk, just let Fang Qiuyu invest!
"Lawyer Pan," Song Yang said to Pan Jianghong after talking to Fang Qiuyu, "Besides investing in the Star Wish Foundation, I hope that legal affairs and charity projects will be in charge and supervised by you."
"For charity and public welfare, professionals are directly recruited to be responsible. The public welfare investment of the Star Wish Foundation mainly enters scenic spot development, road construction, sports, and medical health!"
There will be many public welfare industries, but what Song Yang plans to ask the Star Wish Foundation to do is to cooperate with remote areas to build road projects. If you want to get rich, you must first build roads. This has never changed. For remote areas in China, maybe invest in a road. It is more useful than donating millions to the past...
There is no doubt about the development of scenic spots. Although there are various problems, it is undeniable that the development of a scenic spot in recent years can even change the situation of an area.
Sports and medical health, etc., mainly donate money, donate stadiums to various schools, donate various vaccines, etc., and provide scientific research equipment, scholarships, etc. to medical schools.
Song Yang talked with Pan Jianghong and Fang Qiuyu for a long time, including the establishment of the Asia Star Wish Foundation, management system, personnel, supervision, financial audit, etc., all discussed. A foundation of this scale involves many investment projects , it always needs to be reviewed for a long time, and with Song Yang's current status, I am afraid that there will be more twists and turns.
Until the sky darkened, Song Yang, Pan Jianghong, and Fang Qiuyu had a meal at the Yanjing Hotel before leaving the hotel.
When they were leaving the hotel gate, Pan Jianghong and Fang Qiuyu happened to meet Greck, Marcus and others who came back. They looked at each other, nodded at each other, and then passed each other.
After entering the elevator, Marcus whispered to Greck, "Song, he intends to make a large-scale investment in this place. He will at least make a foreign exchange investment of more than 100 million U.S. dollars here!"
Greg just blinked his eyelids, and then stood there blankly, "This place is full of opportunities, isn't it? We have also seen companies from America, Europe, and Japan investing here. I believe Song He never disappoints!"
"But over there in America..."
"There is no but, there is no other purpose, no other reason, but there is an opportunity to make money here, and Song chooses to invest here, that's all!"
Marcus also wanted to say, Greg suddenly said sharply, Greg's sudden rage startled Marcus, the elevator door opened, and Greck softened his tone, "Marcus, I believe, in the face of media questions That's how you get the answer, right?!"
"Of course!" Marcus said, raising his hands.
Greck took a deep look at Marcus for a whole night, then nodded and left, but after leaving the elevator, Greg's face was also a little ugly.
Song Yang's big investment here, as long as the news is sent back to America, it will definitely arouse public opinion. Taking the money from America for cutting leeks, and then spending a lot of money in China, it will definitely arouse doubts on the other side of the Pacific Ocean. It's like a real estate developer in Morocco who harvested a crop of leeks and then went to England and other places to invest. What kind of reaction in the country, what Song Yangde did, would cause a reaction in America.
This is what Greg is worried about. Even Greg can think that the current public opinion about Song Yang in America is probably full of demons, and the rumors of running away are likely to appear.
(end of this chapter)