Chapter 337 What Is Gates' Son-in-Law and Face?

Everyone's enthusiasm was a bit beyond Li Xiaofan's expectation.

"Don't worry, everyone, we can continue to communicate individually after the seminar..."

Local companies in Singapore are basically engaged in traditional industries such as trade, real estate, finance and manufacturing, and there are few high-tech industries.

There are very few successful local high-tech companies like Singapore Creative Technology.

Even a world-renowned government investment company like Singapore's Temasek Group suffered heavy losses in chip investment. In the end, facing huge pressure from the opposition party, the Singapore government had to reluctantly give up its investment in order to get votes, and was eliminated with huge losses.

Therefore, these traditional local entrepreneurs in Singapore still know very little about the venture capital that has become popular in the United States.

Then, Li Xiaofan smiled and gave everyone some common sense about venture capital.

"Venture capital, referred to as venture capital, is also called venture capital. It is mainly a financing method that provides financial support to start-up companies and obtains shares of the company. Venture capital generally operates in the form of a venture capital fund."

“The legal structure of venture capital funds is mostly in the form of a limited partnership. In a limited partnership fund, a venture capital management company like our Yifan Holdings manages the investment operations of the fund as a general partner and receives corresponding remuneration. At present, , it is the most common practice in the United States to adopt limited partnership venture capital funds. Venture capital funds can obtain tax benefits, and the government also encourages the development of venture capital in this way..."

"As you can see from the earliest investors in the Yahoo project in the United States, Sequoia Capital in the United States and SoftBank Group from Japan are currently the more successful and active venture capital institutions in the world. Of course, I think my Singapore Yifan Compared with them, Holdings Pte Ltd is not far behind..."

Li Xiaofan's speech is very popular because there are living cases there!

Now Li Xiaofan may fart on stage, and people in the audience may think it smells good.

"Finally, I would like to introduce some of the senior investment consultants we plan to hire for the first phase of Yifan Venture Capital Fund. Currently, investors such as Jerry Yang, the well-known founder of Yahoo!, and partners of Sequoia Capital, a world-renowned venture capital company Well-known investors in the global venture capital industry such as Moritz, Masayoshi Son, the founder of SoftBank Group, and Mary Meeker of Morgan Stanley, the largest investment bank in the United States, have agreed to become investors in the first phase of our Yifan Venture Capital Fund. Investment advisor…”

The world-renowned investment gurus presented by Li Xiaofan on the slide PPT have recently been deeply rooted in the hearts of Singaporean entrepreneurs through global financial media reports. Each of them is a god-like existence.

In fact, Li Xiaofan has never signed a formal investment advisory agreement with Sun Zhengyi, Yang Zhiyuan, Moritz and Mary Mikel.

It was just that on the day when Yahoo was listed on the Nasdaq, at the dinner at the MASA restaurant, when Li Xiaofan went to toast, he made some verbal agreements with them while he was drunk, and verbally invited them to become the venture capital fund that Li Xiaofan would launch in the future. consultant. The atmosphere that night was great, and Son, Moritz and others all agreed casually...

When Li Xiaofan introduced these senior investment consultants, before making this slide PPT, he was inspired by the classic "How to become the son-in-law of Bill Gates" joke from his previous life:

[Jack is a very good businessman.

One day he said to his son: "I will introduce a girl to you as your wife."

Son: I want to decide my own marriage.

Jack: But that girl is Bill Gates' daughter.

Son: Oh! In that case...

Jack met Bill Gates at a drinking party.

Jack: Let me introduce you to a son-in-law.

Bill Gates: But my daughter doesn’t want to get married yet.

Jack: This man is the vice president of the World Bank.

Bill Gates: Oh! In that case...

Jack went to see the president of the World Bank again.

Jack: Let me introduce a young man to be the vice president of your bank.

President: We have enough vice presidents.

Jack: But this young man is Bill Gates' son-in-law.

President: Oh! In that case, okay!

So Jack's son married Bill Gates' daughter and became the vice president of the World Bank. 】

Of course this joke is a joke, but Li Xiaofan thinks it is still worth thinking about. Whether you are strong in life or in business, if you want to get twice the result with half the effort, sometimes you can use your "taking advantage of the situation" thinking at the right time.

The Chicken Soup for the Soul book often says: Only by breaking traditional thinking can you determine your future. Remaining complacent will only be lost in the tide of the times. Whether you are strong in life or in business, if you want to get twice the result with half the effort, you must have a borrowing mindset. Creation will never be faster than borrowing. Borrowing momentum, borrowing money, borrowing people, borrowing things, as long as you know how to use reverse thinking to change the idea of ​​borrowing, Finding new ways to solve problems opens the door to wealth...

When Li Xiaofan finished his speech and returned to the VIP seat in the first row, President Guo Lingyu said softly to him: "Director Li, your speech was very exciting! To be honest, I am also very impressed with your first issue of Yifan Investment Fund. I'm tempted, let's find a time to have a good chat another day..."

…

Today's seminar has arranged for four member entrepreneurs who are relatively successful in their careers to take the stage to share.

Compared with Li Xiaofan's wonderful stories and speeches, the business stories of the other three paled in comparison, and there was little applause after the telling.

After the guest speakers finished their speeches, the last part of the seminar was a free lunch for everyone.

Suddenly, the participating member entrepreneurs swarmed around Li Xiaofan.

Their enthusiasm for participating in Li Xiaofan's first Yifan Venture Capital Fund exceeded Li Xiaofan's expectations!

Fortunately, Li Xiaofan made preparations in advance and asked the office to help him create a Chinese and English promotional page for the "First Phase Yifan Venture Capital Entrepreneurship Fund" and put it in his briefcase.

The promotional page contains an introduction to the fund, as well as FAQs, contact information, etc., which saves him a lot of talking.

In the middle, after the entrepreneurs surrounding Li Xiaofan received the brochures and dispersed, Director Xu, Director Qiu, and Director Cai also came over with blushing faces.

The leader, Director Qiu, came over awkwardly and said with a smile: "Director Li, PaiSeh, PaiSeh!"

PaiSeh is also a Hokkien phrase, ranked among the ten most frequently used words by Singaporeans. PaiSeh literally means "sorry" in Hokkien and is usually used to express a feeling of apologies and embarrassment.

Li Xiaofan smiled and said: "It's okay. Mr. Qiu, do you have anything to do with me?"

Director Qiu and the other three people pointed to the promotional page in Li Xiaofan's hand with smiles on their faces and said: "We are also quite interested in your venture capital fund. Can we have a few copies to read?"

These three represent the typical Singaporean spirit of kiasu:

If others want it, I want it too!

Seeing that others are about to find a way to make a fortune, we cannot miss such a good opportunity!

What does shame mean?