Chapter 2068 Autonomy

Damon suddenly felt a little confused.

This has never happened to him in his more than 20 years of experience.

Facing the meteoric rise of Bitcoin, he was confused and didn't know what use he had learned.

He seemed completely unable to do anything.

Qin Feng was stunned for a moment, and after thinking about it carefully, it seemed that the biggest role of this number one person in the king's reign was to promote the listing of Bitcoin.

After this was launched, it seemed that it was really useless. But it's not okay for such a talent to be wasted like this.

It's a pity.

"Let's do this!" Qin Feng thought for a while, "Dimon, look at this. You should still keep an eye on Bitcoin. After all, Wall Street's methods may cause some trouble. In addition, I will use another sum of money to set up an investment bank, and you will be the CEO."

"In this way, I can use my talents." Dimon nodded, "But in that case, we may face competition from Wall Street."

"Don't be afraid of competition. We are the ones who spend money anyway, so we are not afraid of competition!" Qin Feng looked indifferent.

Damon looked at Qin Feng's confident face and thought for a while, but did not say the words that came to his lips.

This kind of competition is not that kind of fair competition.

Qin Feng originally had a quarrel with the person from Morgan. Now that he sets up an investment bank and enters Wall Street, the other party may set a trap for Qin Feng to take advantage of.

This is not an alarmist statement, but it is very possible.

When the time comes, he will assume the role of CEO of this investment bank, and his responsibilities will be huge. This challenge must be full of challenges.

But for him, he is not afraid.

If there is no challenge, why invest in investment banking?

"Okay, then it's settled. How much are you going to invest?" Dimon asked curiously, "100 million, or 200 million?"

Dai Meng knew how much money Qin Feng had in his hands.

Previously, stock investor Warren Buffett acquired 20% of Qin Heavy Industries' shares, and Qin Feng had a lot of money in his hands. Although Facebook was given US$500 million to develop. But there are still more than 500 million in hand.

Coupled with Nokia's upcoming quarterly dividend, Qin Feng has a lot of money in his hands.

One or two hundred million US dollars is not a big number for Qin Feng.

"$500 million!" Qin Feng opened his hand and slapped him.

"So many!" Damon was shocked.

"That's only 500 million! Not much, not much!" Qin Feng shook his head.

US$500 million is not much, but you actually invested all your current wealth in it, which is a bit much. Moreover, investment banks are not saying that it must be hundreds of millions.

Although investment banks are the ones who spend money. However, a start-up capital of several million dollars is enough. Of course, as far as his status as Dimon is concerned, he needs at least 50 million US dollars to control it.

Too little, and it’s not a CEO, it’s an investment broker.

But Qin Feng invested so much, so he really believed in him.

"Hey, don't be suspicious of people, just don't be suspicious of employees!" Qin Feng said with a grin.

Damon smiled and shook his head.

Being able to be trusted like this by his own sponsor is very useful to Dimon.

In this way, whatever he does in the future, he will be able to let go of his fists.

Soon, Qin Feng’s investment bank was established.

Registered capital is US$500 million. Qin Feng is the sole equity holder. Dimon serves as CEO and does not hold any shares.

However, Dimon will receive a 20% profit share from all future profitable investments.

To put it simply, Dimon has a 20% equity income distribution. Equity earnings are distributed throughout the company, but there is no equity. In the future, if Qin Feng sells the company, Dimon will not get a penny.

However, as long as the company still exists and makes money, Dimon will receive 20% of the revenue share every year.

This is also the feedback Qin Feng gave to Dai Meng.

Dimon naturally has no problem with this.

In particular, Qin Feng also gave him absolute autonomy.

In the entire company, Qin Feng doesn't care about what to invest in, when to invest, or how to invest.

To put it simply, this is the US$500 million,

It’s the money on the company’s account, and Dimon can spend it however he wants. It’s okay to invest 500 million at a time. Qin Feng will never ask.

How could Dimon not like such a large amount of autonomy?

As the former number one person under the King of Wall Street, although he has great power and a high position, he is only the number one person under the King after all.

There is also a president above, and there is a board of directors above the president. His authority is very high, but at the same time it is very small.

But now, Qin Feng gives him complete autonomy.

This is what he wants.

"Boss, don't worry. Within one year, I can't guarantee how much profit your investment will make, and it may even be a loss. But within five years, I can double it!" Dimon is full of confidence.

US$500 million turned into US$1 billion in five years. This is already an amazing return on investment.

Of course, this is where Dimon is more conservative.

In fact, if the investment is successful, it is very likely that the return will be dozens of times higher. This is not impossible.

However, this investment has risks, so Dimon naturally cannot speak too highly and must always leave some room.

He can definitely double his income in five years.

For him, 20% of the US$500 million income is US$100 million.

This year's additional revenue exceeded $20 million. This is very high.

What's more, he still has a normal annual salary.

Damon left with endless fighting spirit and vision for the future. He will be based on Wall Street and invest according to his own will.

Qin Feng looked at his account and saw that there was only more than 18 million US dollars left.

The money was gone in no time.

But fortunately, Qin Feng doesn't need to spend much money now.

Spend money wherever you should. All that's left is to wait for the money to fall into your pocket.

Of course, now is the time for Qin Feng to continue his layout.

As for Internet companies, Qin Feng feels that it’s almost done.

Apple itself is a major shareholder, Google is also a major shareholder, and FACEBOOK is its own. Except for Amazon, Qin Feng couldn't get in at all. But in China, its own Jingdong has also begun to fully distribute products.

By then, I won’t have to worry about not having a say in e-commerce channels.

What else is there in the future?

One Uber is Didi in China, which is a taxi-hailing software. But for this, we need to wait for the smartphone to be launched.

Then, there is TikTok, also known as Douyin. This also requires a smartphone.

The rest are all games and the like.

Basically, Qin Feng has nothing to worry about.

In the future, I will completely control the social media, online shopping, smartphones, search engines and other markets. There is nothing to worry about in this regard.

The only thing that keeps Qin Feng still on his back is the oppression of the privileged class.

From this point of view, no matter how much money you make, you are just making it for others.

Once someone downloads a file, you're done.

This is what Qin Feng wants to avoid.

How to have the ability to survive under the oppression of the privileged class is what Qin Feng has to work hard to achieve. It is also the most critical.

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