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Chapter 686 This afternoon

"It doesn't matter if you don't have the heart to do it. As long as there is someone around you who is willing to do it, you can introduce me." Su Xing said, "We have established a student union. There have been several student unions now. It is impossible to just do nothing.

It's not enough to just have dinner together every once in a while to connect a little bit. Everyone has almost reached the age of starting a business. People from the earlier batch, such as Liu Yi, are about to graduate and have to start doing something."

When Su Xing was a child, he had many dreams. He dreamed of becoming a scientist, a teacher, an astronaut, having his own business, becoming bigger and stronger, setting up a family business, becoming famous in the province, becoming famous nationwide, and becoming a person like Rothschild.

family.

Of course, it is not easy for the Rothschild family to do this. This family is a prestigious financial family in Europe and even the world. It made its fortune in the 19th century. Its founder was Meyer Rothschild. He and his five sons successively lived in London.

Banks were opened in famous European cities such as Paris, Vienna, Frankfurt, and Naples.

This family was first engaged in the currency trading business, and eventually became bankers. Because Song Hongbing's currency war was sought after by the Chinese.

Regardless of whether Song Hongbing's description of the Rothschild family in the Currency War is correct, at least this family really exists and is indeed very wealthy.

Establishing a student union and establishing a good relationship with classmates is not just for playing house. Deep down in my heart, I actually have some very grand and exciting ideas.

"You mean to let Liu Yi and others do the Internet portal business?" Chen Wei asked Su Xing.

"It's not entirely correct, but it's almost the same." Su Xing poured himself a cup of tea, took a sip, and organized his thoughts, "What I mean is to set up a fund, an entrepreneurial fund. Anyone who comes from the student union can apply for this

A sum of funds is used to start a business. Of course, there must be a complete system to control risks and maximize efficiency. People who apply for funds must be evaluated based on their academic qualifications, plans, etc.

Judging the level of entrepreneurship.”

"For example, entrepreneurship is divided into 4 levels abcd, with a-level being the highest. After being selected by the fund committee, this person or this team, after their entrepreneurship level is rated a-level, they can apply for a 10 million entrepreneurship

If the fund is rated as D-level and barely passes, you can only apply for a 1 million entrepreneurial fund."

Su Xing didn’t say much. Venture funds are nothing new.

"I can understand what you mean, and your idea is very good." Chen Wei looked at Su Xing with admiration, "I have had this idea before, but when I think about it more deeply, I always feel that this idea is unrealistic and requires too much funds.

It's too huge and cannot be afforded by ordinary people. I didn't expect you had this plan in mind."

"Actually, this is not a new idea. There have been similar institutions in the world for a long time." Su Xing said, "It is said to be a venture capital fund, or it can also be called venture capital. As long as you have money and vision, you can do it, but we are a little bit different.

Similarly, we mainly target insiders, and we must also regulate the obligations of insiders. When applying for funds, the conditions will definitely be more relaxed, but if the business is successful and there are profits, the corresponding obligations will also be increased."

Venture funds are a new type of investment institution that is widely popular in the world. They absorb funds from institutions and individuals in a certain way and invest in small and medium-sized enterprises and new enterprises that are not qualified for listing, especially high-tech enterprises.

This kind of fund does not require asset mortgage guarantees and pursues high returns amid high risks.

There are two main ways to form venture funds. The first is private equity, in which the fund company invests part of the funds, and most of the remaining funds are invested through other institutions to bear responsibilities and obtain profits based on shares. The other method is to invest in social investors.

Venture funds that are publicly raised and listed on the market are actually a bit similar to fundraising, and then invest the funds in other industries to make profits through dividends, which is a legal fundraising.

"As I told everyone in the city's senior high school, we want to be Chu merchants, and let Chu merchants spread all over the country and the world?" Tong Wangjun interjected.

"That's right." Su Xing nodded, "That's pretty much what it means. General venture funds target companies all over the world. As long as they feel they are making money, they will invest in this company and this person, but we can take a slightly narrower view.

First of all, just pay attention to the people around you, invest in the people you are familiar with, and ignore the rest for the time being."

"Would this seem too small? A person's thinking and ability are limited, but if you spread it across the country and the world, your thinking will be unlimited. It doesn't focus on closeness or distance, but only whether the ideas of the company and individuals have a future.

Would this be more appropriate?" Chen Wei asked Su Xing.

"It is indeed more appropriate to do that, but the risk will also increase, and the funds required are not what we can provide now." Su Xing nodded, "Rather than spreading everywhere, I believe it is more practical to start from the side. The ancients have

Hometown complex, modern people

Don’t you have a hometown complex? There is a joke, a fellow villager shoots a fellow villager in the back when he sees one, but this situation is always in the minority. On the train, in a foreign country, most of the fellow villagers are more enthusiastic when meeting them, and this kind of weird thinking will occur.

It’s just a speck of mouse droppings that spoiled a pot of porridge.”

"Fellows are relatively reliable. The conditions and scope for the use of our fund are the student union. As for whether it will be expanded to other places in the future, we will wait until funds are sufficient later."

"Then you mean to set up a venture fund now?" Chen Wei asked Su Xing, "If that's the case, I have to tell everyone this good news. Many people have the idea of ​​​​starting a business, but they don't have enough funds. As you know,

E City is a small city after all, even if the city

People in the district are actually not well-off. It’s not a big deal to have a deposit of more than ten or two hundred thousand. This kind of money seems like a lot in rural areas, but it is impossible to start a business. The rent may not even be enough. If there is really a

This entrepreneurial fund is definitely a good thing for everyone."

"Let's wait a minute. I don't have enough funds now. I have to wait for about half a year. The funds may be a little more abundant. At that time, I can set up a venture fund and everything will be on the right track." Su Xing said, "But

You can start building portals now. It doesn’t cost much, and I have such a company under my control. We can exchange technology with each other, which can save a lot of money and time."

The conversation with Chen Wei didn't end until about one o'clock in the afternoon, and he left in a hurry.
Chapter completed!
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