Chapter 369: Hedge Fund Giants and the Small Town of Palo Alto

After lunch, Li Xiaofan and his party finally arrived in Pasadena.

Li Xiaofan found that the small town of Pasadena is located 15 kilometers northeast of Los Angeles. There are highways and subways connecting the city and nearby communities, making travel very convenient.

The world's top research university California Institute of Technology is located here. This was the place where the story of the famous American TV series "The Big Bang Theory" took place in the previous life.

Because Bill Gross, the founder of Idealab startup incubator, spent his college life at Caltech, he placed his first startup incubator next to Caltech.

Bill Gross, who was wearing glasses, greeted Li Xiaofan warmly after seeing him: "Li, I have heard of your name for a long time. Welcome to your visit!"

The successful listing of Yahoo made Li Xiaofan quite famous in the American investment community, and made them all remember that there was a handsome Chinese guy from the other side of the Pacific Ocean.

illGross is very talkative and talked a lot about his past entrepreneurial stories:

"I started my business when I was 12 years old. At that time, I sold candy at the bus stop of my junior high school; in high school, I started to make solar energy equipment by myself; in college, I made speakers. When I graduated from college, I started to create a software company... During this period, I had successes and failures, but fortunately, many of the projects I created were relatively successful and sold at a relatively good price!"

"Mr. Bill, why do you want to invest in this entrepreneurial incubator project now?" Li Xiaofan asked.

"Because I have summarized the successes and failures in my past entrepreneurial process, I think my experience can give some good guidance to the young people who have just graduated from college and are planning to start a business. Moreover, these young entrepreneurs are always full of passion. They have good creative ideas, but lack capital, connections, management, market and other resources. If we can help them at this time, not only can we help them succeed, but I can also find good project seedlings in the middle, invest in them, and get very good returns in the future!"

illGross looked at Li Xiaofan and smiled:

"Just like your early investment in Yahoo, I hope to cultivate good projects like Yahoo in my Idealab Entrepreneurship Incubator! So I define the mission of my Idealab incubator as: incubate the personal creativity of entrepreneurs into Internet high-tech projects with clear market goals and successful management, and combine the creativity, agility and growth of the incubated projects with the funding and management advantages of the organization to quickly realize the potential value of creativity!"

"Next, in order to make my this Idealab incubator has the ability to invest directly in innovative projects. I plan to launch an angel venture capital fund called ICP in the near future to invest in excellent projects in our incubator. The investment institutions I am currently negotiating with to participate in this fund include Foundation Capital Venture Capital, Moore Capital Management, Dell Computer Corporation, Hikari Tsushin Japan Optical Communications International Corporation, etc. Li, are you interested in participating? "

Li Xiaofan replied: "Mr. Bill, do you have the introduction information of this ICP angel venture capital fund?"

"Yes, I can send you an email immediately!"

"Then either you send me an email first, and we will study and digest it after we go back, and then reply to you, okay?"

"No problem!"

...

After inspecting the Idealab entrepreneurship incubator, Tang Zixin made an appointment with her best friend Dr. Lin at the Jet Propulsion Laboratory to have a cup of coffee.

Dr. Lin introduced that their Jet Propulsion Laboratory is currently busy implementing the Mars Pathfinder program.

This is NASA's Mars exploration program in 1996. NASA's Mars Exploration Program has long been committed to unmanned exploration of the red planet Mars, and Mars Pathfinder is a component of this series of unmanned exploration programs.

In the previous life, Mars Pathfinder landed on the surface of Mars on July 4, 1997. The Sojourner rover it carried was the first rover sent to Mars by humans...

After a brief chat with Dr. Lin, Tang Xinyi and Tang Zixin took turns driving and rushed back to San Francisco overnight.

The next morning, Li Xiaofan opened the email sent by Bill Gross and searched the Internet for the institutions that Bill Gross said were preparing to participate in the ICP Angel Venture Capital Fund.

DELL Dell Computer Company was very familiar and ignored it directly.

Foundation Capital Venture Capital Company was just established last year and mainly invested in early high-tech projects such as the Internet. Li Xiaofan was not very familiar with this company.

Moore Capital Management Moore Capital Management was founded in 1989 and is headquartered in New York. It is a global macro investment company. The company provides services to institutions and high-net-worth individuals. It invests in public equity and fixed income markets around the world.

Li Xiaofan had heard of this company in his previous life. Moore Capital Management was once one of the top 20 large hedge funds in the world, with the scale of funds under management once reaching US$15 billion.

Louis Bacon, the founder of Moore Capital Management, is one of the most legendary investment gurus in his past life.

Bacon is the stepson of Tiger Fund founder Julian Roberson’s sister, and his brother Zack Bacon was once the chief trader of Soros’s Quantum Fund. He is also the best friend of Wall Street trading master Paul Tudor Jones...

The boss of HikariTsushin Japan Optical Communications International Company is named Yasumi Shigeta. He started his business as an agent for DDI, the second telephone company in Japan at that time. He quickly occupied the market through price competition and rose rapidly in just a few years.

After looking at this, Li Xiaofan felt that the most resourceful investors among these investors were Moore Capital Management and DELL Computer Company.

If Bill Gross can get these two companies to invest in the ICP Angel Venture Capital Fund, he can join them in the partnership.

Among them, the person Li Xiaofan wanted to get to know the most was Louis Bacon, the founder of Moore Capital Management. He wanted to learn from him how to play hedge funds...

After breakfast in the morning, Tang Xinyi found a local real estate agent and took Li Xiaofan and the others to the small town of Palo Alto where Stanford University is located.

Palo Alto is called Palo Alto in Chinese, also translated as Palo Alto or Palo Alto, and belongs to Santa Clara County in the Bay Area.

Some of America's best-known giants, such as Apple, Google, Facebook, Logitech, Sun Microsystems and PayPal, are headquartered in this town.

The real estate agent accompanied Li Xiaofan and the others to inspect an unused two-story office building on Sandhill Road near the Stanford Shopping Center, with an area of ​​about 1,200 square meters.

The Stanford Shopping Center next to it is considered a relatively high-end open-air shopping mall in the local area, located at the junction of El Camino Real and Sand Hill Road. The construction area is about 130,000 square meters, and there are Macy's department stores, etc., as well as stores such as Bu

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y, PoloRalphLauren and other famous brand stores, the environment design is very beautiful, there are cafes and rest areas where you can take a rest.