Chapter 1557 Common Fund

The welcome ceremony was very warm, and the atmosphere of the meeting was also good. In terms of personnel arrangements, it can be seen that they also put their heart into it. The people who provided services for the meeting were several beauties dressed as OLs. Judging from their skin color, they really didn’t look like Indians are all white.

And they are all very knowledgeable - the expression is distorted, it means that they are all very professional career women - naturally not the kind of career that some people expect, but they know the software industry very well.

The specific manifestation is that sometimes, the officials on the opposite side cannot understand some of the professional issues that Page and others talk about, but it seems that they understand it very well.

The host introduced them to the achievements of India, especially Bangalore, in the IT industry. He was very enthusiastic, very proud, very detailed, and very generous in his praise.

If a person who knows nothing about this industry listens to their introduction, he will probably think that this is the authentic Silicon Valley, not the "Asian Silicon Valley".

Including the Chief Minister and the Minister of Information Technology, during the introduction process, they all mentioned a statistic more than once, "In Bangalore, the number of engineers engaged in programming has reached 150,000, officially surpassing Silicon Valley, becoming the world's largest number of programming engineers. city ​​of,"

Feng Yiping and others generally don't know the source of this data. Is there such a thing?

But they all still expressed congratulations and happiness, because when Ram introduced the local situation before, he focused on one point: as an ancient civilization, Indians have a strong sense of pride in their own national culture.

He also said that the Pew Research Center in the United States conducted a survey and found that 93% of Indians believe that Indian culture is the best culture in the world, and 63% of Indians believe that India is better than other countries in any aspect. The country is good.

Feng Yiping and the others naturally grasped the key point that he, as an Indian, could not express directly: people here are very narcissistic!

“We are very optimistic about Bangalore’s potential in R&D,” Page said.

Minister Singh looked happy, and Minister Sibal’s beard stood up.

"This is a magical city, and I am very much looking forward to setting up our own company here, and also looking forward to cooperating with well-known local companies in India," said Feng Yiping.

But only he himself understood what the word "magical" meant.

At this time, even Minister Singh's beard was sticking up. Relatively speaking, Feng Yiping currently owns more companies and has more opportunities to cooperate with local outsourcing-based software companies.

As for Google, although it is very large, it is unlikely to outsource some of its research and development work, including some late-stage research and development.

"We have the best brain workers in the world here. Before our software park was established, we sent a lot of high-quality talents to Silicon Valley, but now they all tend to work in China, in Bangalore,"

"Affected by the booming development prospects in the country, some people who have achieved good results in Silicon Valley have also returned home in recent years,"

What Singer said is either true or false.

Indian IT talents now tend to work in China. In recent years, many Indians have returned to Silicon Valley, but the main reason is of course the previous Internet winter.

So many companies in Silicon Valley have closed down, and many American talents cannot find jobs. It is even harder for Indians to find jobs in the past.

As for those who have returned, on the one hand, many of them are industrial enterprises caused by the collapse of Silicon Valley companies. On the other hand, because many of them have received short-term visas and have no job opportunities, there is no way to extend them. Naturally, they have no choice but to come back. Mansion.

"With these talents as the foundation, I believe that the investment of several distinguished guests in Bangalore will definitely achieve returns that exceed expectations,"

"We're pretty sure," Breen said.

Although the welcome ceremony was very attentive, although the meeting was very lively, and although the three of them were very young, their capital was calm, and none of them made any hot-headed promises on the spot.

The optimistic hosts were also a little discouraged by such a result. Of course, they would not show it too obviously, "Then we will see you at the dinner."

Tonight, the four major local and Indian technology giants, Infosys, Wipro, Tata Consultancy Services, and Satyam Computer Services, prepared a welcome dinner for them.

Feng Yiping and others took the initiative to come to the door. Naturally, these companies would not miss such an opportunity.

Feng Yiping glanced at Page and the others, "We are very optimistic about the development prospects of Bangalore. We also believe that with so many outstanding people gathering here, many start-up companies will definitely emerge in Bangalore in the future."

Seeing him speaking, the eyes of the two ministers opposite him suddenly lit up. Is there a way?

Feng Yiping's next words confirmed their suspicions and were what they wanted to hear, "In addition to setting up our R&D center here, as entrepreneurs, we also hope to provide local entrepreneurs with the support we can, so we decided , will establish a venture capital company as soon as possible with an initial amount of 10 billion rubles to support the entrepreneurship of local start-up companies,"

He put the names of three people on what he wanted to do alone. They were so enthusiastic and even welcomed them with such a big parade, it must be interesting.

Moreover, in terms of prospects and policies, establishing a venture capital institution here is a good choice.

The eyes of the two ministers lit up, as did the eyes of the women in professional attire.

10 billion rubles means more than 200 million US dollars, and Feng Yiping also mentioned that this is the "first batch" of funds, which means that there will be more funds invested in the future!

In Bangalore, the total output value of the software industry last year was just over 4 billion US dollars.

Let's not talk about the future, just for the investment of 10 billion rubles, today's efforts are not in vain.

"Welcome, welcome," the two ministers stood up, more enthusiastic than before, shaking Feng Yiping's hand again and again.

Like China, India lacks funds the most. Otherwise, how could their infrastructure owe so much? Otherwise, how could they regard the software industry as an industry that the country supports?

Because the infrastructure is too poor and because of the lack of funds, if the manufacturing industry is developed, there will be too many problems.

Relatively speaking, the requirements of the software industry are the lowest. It does not involve roads, logistics, or many years of accumulation in related industries... To exaggerate, it only needs to provide entrepreneurs with an Internet cable to solve the problem.

The talks were a complete success. The government staff who participated in the talks could not restrain their joy and excitement and lined up to shake hands with them.

Their attitude also infected Feng Yiping. Apart from other aspects, these government workers are really working hard.

The reason why an inland city like Bangalore can become the Silicon Valley of Asia and become an important circle of India's high-tech triangle together with Chennai and Hyderabad is that their efforts are indispensable.

…………

"In China and India, we see this kind of enthusiasm for entrepreneurship and efforts to change our destiny, which cannot be felt in the United States,"

On the way back to the hotel, there was a cow on the road, and they had no choice but to stop. Page looked at the coexistence of modernity and tradition, and the interweaving of wealth and poverty outside the window, and said with some emotion.

"That's because the lives of ordinary Americans are already quite rich and happy, so naturally there is no such great motivation," Feng Yiping said.

"I think your idea of ​​providing Internet access to residents through hot air balloons is very good, and it is necessary to speed up the progress. You see, given India's infrastructure, it should be more needed here,"

"If we can provide Internet services to the people here, it will definitely provide a great help to the promotion of our search,"

"Yes, I have asked them to conduct basic research, but Feng," Page turned around, "I think we can really set up a common fund to provide entrepreneurial support for entrepreneurs in China, India, and other countries who are in urgent need of funds,"

"Many of them may have good enough ideas, but they just don't have the right conditions to start a business,"

Unlike Feng Yiping, because of the different environments, sometimes Page's focus is indeed higher.

"Is it a venture capital fund specifically for start-ups in developing countries? No problem at all! Then set up one as soon as possible," Feng Yiping said happily.

For future considerations, he originally hoped to have a closer connection with these two people from Google. It would be a good idea to set up a fund for three people to invest in outside of Google.

It was Page who took the initiative to propose it, haha!