Chapter 336: The Embarrassed and Agitated Bosses

Amidst the warm applause from President Guo Lingyu and all the member entrepreneurs present, a young man with a strong body stood up in the VIP position in the first row. He looked handsome, upright, and had an extraordinary temperament.

He stood up, turned around, bowed politely to the entrepreneurs behind him with a smile, and then strode onto the podium.

This young man named Li Xiaofan walked quickly onto the stage. After thanking President Guo Lingyu, he began his wonderful speech with the help of slides and PPT.

At this time, the audience said, "Alamak, it turns out that Li Xiaofan in the newspaper is him!" Dong Qiu, Dong Cai and Dong Xu couldn't help but screamed when they saw clearly that it was Li Xiaofan.

Alamak is also one of the top ten mantras of Singaporeans. For Northeasterners, it is: Oh my god!

In recent days, the legendary story of a young man named Li Xiaofan who made a profit of more than 40 times a year and was worth over US$200 million by investing in Yahoo in the United States has become a legend in Singapore after being reported many times by the Singaporean media.

"Li Xiaofan, the founder of Singapore Yifan Holdings", in the hearts of Singaporeans who worship wealth, especially in the hearts of Singaporean businessmen, is already a god-like existence!

Director Qiu, Director Cai, Director Xu and others never expected that the young mainland boy they had just ridiculed was actually the famous and thunderous Li Xiaofan!

They had seen the assigned mugshot before when they read an article in Singapore's Straits Times about Li Xiaofan's investment in Yahoo, but the mugshot of Li Xiaofan in that newspaper was very different from the one in person at the scene.

And they never dreamed that the young man just now was Li Xiaofan, whose net worth exceeded US$200 million.

Li Xiaofan's current net worth of more than 400 million Singapore dollars has far exceeded the combined assets of the three of them. Moreover, the assets of the three of them still have a lot of liabilities. If the net assets are calculated, they will shrink a lot.

At this time, Dong Qiu, Dong Cai and Dong Xu suddenly felt their faces burning, as if they had been slapped!

What's even more embarrassing is that they just used Fujian dialect to sneer at Li Xiaofan at the bosses around him.

Now, I've been slapped in the face!

It makes them feel a little embarrassed and ashamed!

On the stage, Li Xiaofan had already begun to talk about the exciting part of discovering Yahoo:

"Actually, the first time I discovered Yahoo was a very accidental thing. Last year, one night, my girlfriend and I were shopping at Clarke Quay, Singapore, and we met one of my girlfriend's best friends. And this best friend's boyfriend is ours. A top student majoring in computer science at the School of Computer Science at the National University of Singapore, we accidentally talked about the emerging Internet at that time..."

"That night, accompanied by this top student majoring in computer science, we went to the computer room of the School of Computing at the National University of Singapore and experienced the feeling of surfing the Internet for the first time. That night, when I came into contact with this Internet search engine called Yahoo for the first time At that time, I was shocked by its powerful functions, so I secretly made up my mind to go to the United States to find this company and invest in this project. Of course, the search did not go so smoothly..."

When Li Xiaofan was on stage talking about his story about finding investment in Yahoo, there was a complete silence. Everyone, including Chairman Guo Lingyu, was listening attentively.

Because the story of Li Xiaofan’s successful investment in Yahoo is so legendary!

His legend is not only that he went to the United States to invest in Yahoo!, but also cooperated with the Singapore Small and Medium Enterprises Association to open the first overseas Yahoo Singapore station outside the United States, and then opened it in Singapore and Johor Bahru, Malaysia. Pacific Online Bookstore.

Yahoo! Singapore and Pacific Online Bookstore are now almost household names in Singapore, and many young people regard these two websites as fashionable.

And today, almost all of the member entrepreneurs who have learned how to surf the Internet have opened free e-mails on the Yahoo Singapore site and log in to the Yahoo Singapore site every day.

In addition to using e-mail, they can also browse news, search for information, and surf the Internet

S chatted and chatted, went to Pacific Bookstore to buy books for himself and the girls...

So, today I met Li Xiaofan, the founder of Yahoo Singapore and Pacific Online Bookstore, and they felt so friendly!

His foresight, courage and vision are admirable.

Li Xiaofan's speech was interrupted several times by spontaneous warm applause from the entrepreneurs below. It was so exciting!

After Li Xiaofan shared a series of wonderful stories about his search for Yahoo, following and investing in Yahoo, and cooperating with Yahoo to create Yahoo Singapore and Pacific Online Bookstore, the entrepreneurs who were members of the Singapore Chinese General Chamber of Commerce and Industry below gave him warm applause.

This burst of warm applause lasted for more than ten seconds, breaking the record of previous speakers' applause.

After listening to Li Xiaofan's speech, everyone felt that it was not enough.

In the following interactive session of asking questions, many member entrepreneurs stood up and asked:

"Director Li, can you tell us what new projects you have invested in after Yahoo?"

"Director Li, I'm curious, how did you decide to invest in a start-up Internet project like Yahoo that had no revenue and was losing money?"

"Director Li, if there is a good opportunity like the Yahoo project in the United States next time, can we participate in investment sharing?"

…

You guys have so many questions.

In this kind of internal industry seminar held by the Singapore Chinese Chamber of Commerce, no entrepreneur's speech has ever been as popular as Li Xiaofan's today.

Because no entrepreneur has ever been as successful as Li Xiaofan before, and his wealth has increased more than 40 times in one year of investment!

This afternoon, Li Xiaofan is a star entrepreneur who deserves it.

Li Xiaofan smiled and answered a few questions before getting to the point of today's topic:

"Just now, an entrepreneur asked me what new project I plan to invest in. Can I share it with you? My answer is: Yes!"

"To be honest, last year when I invested in the Yahoo project, I also visited and researched many high-tech projects in Silicon Valley, Bay Area, USA, such as graphics chips, CMOS image sensor chips, magnetic sensor chips and other high-tech projects. I feel that they have great potential! Maybe their future explosive power will not be lower than Yahoo..."

"At present, I am launching my first Yifan venture capital fund, which is currently mainly invested in unlisted emerging high-tech companies in Silicon Valley, Bay Area, USA. The planned scale of this Yifan venture capital fund is 100 million US dollars, with an investment cycle of about 3 to 5 years, and a predicted return on investment of more than 50%. Of course, this is just a prediction, and there is also the possibility of investment failure. But if you encounter a project like Yahoo, the return rate will be dozens of times astonishing!"

Before Li Xiaofan finished speaking, the member entrepreneurs below were already in a commotion:

"Mr. Li, can I participate?"

"Mr. Li, I want to know more about venture capital funds?"