For many people, coming of age should be a major event, but Chen Yuanming's focus has never been here. For him, the only meaning of "second adulthood" is that he has the law and can give most rights.
When he moved to the United States, although he still couldn't go to buy wine with integrity, he was enough to use his own identity to register the company and become a real "boss". This is very important for Chen Yuanming today.
Without saying hello to others, Chen Yuanming took Zhang Gang and Song Kevin to Delaware the day after his birthday. In the United States, Delaware is a very unique place. It has an extremely loose tax-free policy, can obtain large tax concessions through a series of operations, and has a more complete legal system than other offshore regions. These unique conditions have attracted countless listed companies. More than 5% of Fortune 5 companies are registered in the state, making it a well-deserved "corporate capital."
Of course, for Chen Yuanming, whether it is tempting here is the tax exemption policy for non-US residents and extremely strict confidentiality measures. With these two points, he has room to show his strength.
It only took two weeks before and after, and after a series of formal procedures, a company was born in Delaware. It is currently a limited liability company in the United States, with a registered capital of 10 million US dollars, and the company owner is Chen Yuanming. This brand-new company is almost a shelf company with only one business: venture capital.
With the company-related documents, Chen Yuanming flew back to Silicon Valley. In the Aaron Investment Agency on Shashan Road, he found Mr. Evan Jonathan who had served him.
It has been nearly a year since the last time I came here, but Mr. Jonathan is still quite impressed by this Chinese boy. Without him, this young man Aaron has invested in a total of 3 companies, of which sB company was acquired by Microsoft and made a profit More than 20,000 US dollars, more than 1 times the initial investment. The game company has made one of the best-selling games this year, with more than 50,000 copies sold in one month. Not surprisingly, this will also become a hen that lays golden eggs.
As for the instant messaging company, the first-generation ICQ product has been developed and passed the test and patent registration, but in the end, he did not choose to let it go public or start selling. Uploaded to the Internet for free download.
Three maverick choices have yielded three immeasurable results. This Chinese boy's eyes and wrists are astounding, so when Chen Yuanming put the document in Jonathan's hand, he was a little surprised to see the English name in front of him. , "Dianjinshi Company?"
Chen Yuanming smiled, "That's right, this is our company. We just bought a house on the corner of the street, and the job advertisement was posted. It's still an empty shell."
"But..." Jonathan really didn't know what to say. It only took more than half a year from participating in venture capital to setting up a venture capital company. Is this young man in front of him too confident or hotheaded
However, Chen Yuanming did not care about the confusion of the other party, and directly threw his own question, "This company is led by me, and I also decide the investment direction, but it still needs a group of backbone managers, especially people like you who have sufficient experience in venture capital, and Good at communicating with visitors. If you are interested, would you like to come and try my company? The treatment will never be worse than Aron, and I guarantee it will be more interesting.”
Interesting... Hearing this description, Jonathan was dumbfounded for a moment, but when he recalled his experience with this partner, he had to admit that it was indeed full of surprises. Angel investment is not like investing in stocks or investment banks, but a real adventure, but every successful investment brings not only financial benefits, but also a strong sense of satisfaction and pride in the structure of the industry. If you choose Whether or not the employer in front of him will be able to obtain huge fortunes is second, but his job search career will definitely become very exciting and… interesting.
Laughing softly, Jonathan shook his head helplessly, "I see no reason to refute you."
"Because this is a fact." Chen Yuanming's eyes were full of determination, and he stretched out his right hand to him, "So, happy cooperation?"
Half a month later, Dianjinshi Co., Ltd. officially opened for business. It consists of four general partners and six administrative staff. Lawyers and accountants are entrusted by famous American professional agencies. But unlike other venture capital firms, the first thing this company did was to register an international domain name through Netrk sltins in the United States.
At this time, the Internet in the United States was still in its infancy. By the end of 1993, there were only more than 7 domain names in the United States, and a registration fee of $1 was charged for registering a domain name, and a low-cost server rental fee was added to open a web page. However, Chen Yuanming still opened a company-specific webpage, and made it a friend link with the Blizzard company's homepage that had just been built.
When "Warcraft" was released, Mike accepted Chen Yuanming's suggestion, registered a website, printed it on the floppy disk and CD-ROM packaging, promoted Blizzard games through the homepage, released news, and set up a special message board to accept the opinions and suggestions of the majority of players . This move is unprecedented in the game industry, and instantly caused a sensation among Blizzard players with computers as the mainstream, resulting in a large number of clicks, and also attracted some similar website friend links.
But a VC firm website? You must know that the venture capital industry is far from uncovering its own mystery at this time. Those large venture capital companies such as Sequoia Capital, Softbank of Japan, and KPCB only focus on small companies that have already formed and have full potential. Note that companies that are still in their infancy and have not hatched are not in their field of vision at all. It is obviously a very surprising and confusing thing for a venture capital firm, and a venture capital firm that mainly invests in angel investors, to promote itself in this way.
However, even with many concerns, there are still some small companies or individuals who come to the door. Some of them are just joking trials, while others are real luck. In response to these visitors, Dianjinshi has done a lot of preliminary work, and screened out those who are sincere and practical, while those who are playful are uniformly and politely rejected. Several times faster than the traditional speed, the company received a large number of proposals in an instant, which also brought considerable pressure to several employees.
As the owner of the company, Chen Yuanming can't run away, of course. He fights with all kinds of strange materials every day, and wants to find gold mines in the sand sea. Due to the influence of Blizzard in the early stage, most of the companies who come to the company are game studios. The group cooperated to establish a next-generation publishing company: Eagle's Nest Entertainment, which was favored by those budding studios. They came to seek initial financing. Not only did they develop "Marathon" and "Doom" Bngie Studios, but also just made Magic: The Gathering Wizard of the Coast Company. , Even the Westwood Company, which already has a mature system, has also hooked up with the Eagle's Nest.
Investing in a game company is quite a matter of courage. Not only is it slow to bear fruit, but it also involves great risks. However, Chen Yuanming had to settle down and slowly build his own Eagle's Nest Empire. However, in early May, things suddenly turned around. Mike from Irvine City made a call. It is said that because of the interconnection of the website, he met two very good web page producers. At present, their careers have hit a bottleneck and they need a start-up capital to start a company, so he recommended the touchstone. gave them.
This is the first time Mike has made such a call. Knowing that those fairly well-known game studios have not received such enthusiastic recommendations from them, Chen Yuanming couldn't help but feel a little curious, "What do you think that studio is called?"
"Jerry and David's online guide information database is a retrieval system software, through which you can search for information scattered on the Internet. Our Blizzard homepage has been included in the game directory by them, which is very convenient." Mike's voice was full of admiration, "By the way, I remember that Jerry is also Chinese."
Internet search, Chinese founders... Need more tips? I was going to go fishing for big fish, so I brought it to the door myself.
Very, two Stanford University students, Yang and David, came to Chen Yuanming. What else can I say as a fisherman for such a prospect who does not have to doubt it? After seeing the development of Blizzard and the promotion of this incomparable publicity model by the Golden Stone website, the two men and Chen Yuanming almost hit it off and signed a cooperation agreement at random. Management is not involved. The first round of financing after the establishment of the company can also be given priority consideration.
This agreement can be described as a guest-host delight. After submitting the agreement, Chen Yuanming asked with a smile. "By the way, what is your company going to be called?"
"It should be called yAh! I guess." The shy Chinese-American youth scratched his head, "Roaming in the ocean of the Internet, we computer people are not like those foreign tourists who have neither experience nor education. I think this name is Very fitting."
"Yes, that's a good name."
With a consistent smile, Chen Yuanming sent away these two legends of the Internet age. From starting the company to now, in just two months, Golden Stone has spent more than $50,000 on various investments, from baby Yahoo to baby Bngie, and still need further financing Blizzard, ICQ or Wizards of the Coast, All of these companies will become gold mines with full potential in the future, but now he has to nurture them with a lot of cash and bring them under his own wings. Coupled with the domestic development layout, the layers of pressure have caused his cash flow to shrink and become stretched. How to multiply the 30 to 40 million US dollars in cash on hand has become Chen Yuanming's current concern.
how should I do it? Looking back, Chen Yuanming looked at the far east coast, the financial and trade paradise...
The author has something to say: hey, with such foresight, why not open a venture capital firm ==
Well, there's probably one or two chapters left, and I'm going to look around, don't worry, take your time xD
It means that another shallow water bomb was found in surprise today! QAQ Thank you classmate Yun Fei for feeding, and there are so many consecutive shots that make the pears of the nest so big, the nest... Wozhen Mufajia wow! ! ! (beat flying
Sob, well, try to grow thicker in the weekend, don't look forward to it too much >_