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Chapter 1295 Invest in search engines

Rip Building is a financial building in downtown San Francisco, which is also the property of the Tang family. On February 26, on the day Professor Madol denounced the California Computer Conference in the media, Zhou Ming held a meeting with the investment managers of the Tang family in the conference hall of Rip Building.

Every qualified capital wealthy family must have a large number of investment companies. After all, for most capitalists, simply playing capital to make money is always simpler and more convenient than working hard to develop a company. As for venture capital, although there is a risk in front of it, for some investors with superb skills, the risks are actually not as high as expected.

Not to mention that as long as a venture capital company can grow, it is a profitable business. Even other companies that do not have much development prospects can also make profits by speculating on market value and selling it out, especially those Internet companies that cannot accurately value, which makes these venture capital companies bet like gambling.

Due to such special reasons, even if the investment failure rate of some venture capital companies is as high as 70 to 80 percentage points, it can still be maintained.

It is precisely because of investment that the Tang family has such great charm that after growing up, they also built a large number of investment companies with Tangren Bank as the core.

Zhou Ming and Tang Ran came to the conference room of Ruipu Building. Zhou Ming first called the name. Except for a few who were uncomfortable, the rest were basically there.

After the name was completed, Zhou Ming said directly: "This time I made a special trip to invite everyone to come. There is a special investment plan to hand it over to everyone, which is about Internet search engines."

While Zhou Ming said, he asked the staff to send the prepared relevant materials to everyone.

After giving these people a general understanding, Zhou Ming told them: "What you have now got is related materials about search engines. The task you are giving you now is to have a rough understanding of search engines as soon as possible, and then find companies with entrepreneurial plans for this type of project in Silicon Valley throughout California, and then make large investments and acquisitions of such companies and obtain equity!"

All venture capital managers were surprised. It was not that they didn’t know about search engines. On the contrary, due to the public opinion created by Zhou Ming, they all had a certain understanding of search engines. They also knew that this California Computer Academic Conference was created by the Tang family. However, they never expected that they would be ordered to do such investments, and they still seemed to be at a cost-effective level.

People's first reactions to these venture capital managers are very disgusted. After all, their investments were very flexible and free before. How can they limit their investment direction so much now?

Someone immediately raised his hand and raised objections: "Mr. Zhou Ming, right? I am Tang Jun from Tangren Investment Company. I know that due to the California Computer Conference, search engine technology is a hot topic. It was reasonable to invest in us, but there is always a limit for all investments. We should still allocate resources more reasonably."

As Tang Jun spoke, others also agreed that they should do this, and doing this is a more reasonable approach. They are all from the Tang family. Of course, they are willing to cooperate with the Tang family's investment strategy, but the premise is to ensure the rationality of this investment. Eggs cannot be placed in a basket. The desperate bet is not called investment, but

Gambling, their venture capital is not gambling...

Faced with these troubled words from venture capital managers, Zhou Ming didn't say a word and just let them clamor. When they were almost upset, Zhou Ming asked them if they had finished talking. If they had finished talking, it would be his turn.

"First of all, I hope you all understand that I am talking to you now, not discussing with you, but informing you that you must do this!"

Zhou Ming continued: "I know you are all professional venture capital managers, with rich experience in venture capital, and understand the principle of not putting eggs in one basket. But now I want to tell you another point that I was organizing the California Computer Conference, so I understand the impact of this academic conference better than you. Now you don't need to understand, just do what I said!"

After expressing his attitude toughly, Zhou Ming ended the meeting. Of course, at the end of the day, Zhou Ming made them obedient again.

After leaving the conference room, Tang Ran praised Zhou Ming happily: "Brother Ming was really handsome just now. I was not discussing that I was ordering you to do this!"

Tang Ran still admires Zhou Ming very much, and can see the little stars in his eyes.

Of course, Tang Ran was not as immersed in the little fan. She then said, "But I'm worried that these guys will be slandering."

Zhou Ming said it was indifferent: "These venture capital companies are actually controlled by them. Of course, they do whatever they want, but they should be smarter and invest as I said, otherwise they will have no good results."

...

When Zhou Ming and Tang Ran left, the situation in the conference room was different. Some venture capital managers surrounded Tang Jun and asked him what to do, while other venture capital managers were slow, as if they wanted to hear what Tang Jun and the others were thinking.

This is the situation in the Tang family's venture capital investment, mainly focusing on Tang Jun, which is superficially maintaining a host-guest relationship with Tang Ran.

Although Tang Ran had previously obtained equity in core industries such as Tangren Bank and gained the right to speak within the family with the help of Zhou Ming, this was just a right to speak. You should know that there was no party outside the party and the emperor's thoughts and no factions within the party. Even in the past feudal society under the high pressure of imperial power, there were countless small courts, let alone the Tang family, Tang Ran was still a little girl who became a monk halfway.

Although Zhou Ming has set a foundation for her, it is not a simple matter to clarify the various relationships within the Tang family. It is already Tang Ran who can maintain general stability.

Under such circumstances, it is not surprising that Tang Jun and others control the venture capital group. This is the result of Tang Ran sending people to penetrate and break up the venture capital group, otherwise the situation would be even less optimistic.

"Brother Jun, Tang Ran and the others are getting more and more excessive. We were already giving her face. If he wanted to send someone to come, we would let them come in. We cooperate with everything we wanted. Brother Jun, you made us patiently. But now you see, she actually asked an outsider to command us. What is this? Do you really treat us as retainers?"

The others also agreed to Tang Jun make the decision for them, and they could not just be so cowardly.

Faced with this excited scene, a smile flashed across Tang Jun's face, but then he quickly put on a heartbroken expression. They told everyone that they originally wanted to be their Tang family and let everyone get rich together, but now Tang Ran is so threatening them and forcing them to invest at a loss, so that they can no longer be silent.

Tang Jun's words were unanimously agreed by others, and of course some people found it difficult to deal with it. After all, their venture capital companies still need to rely on the financial support of Tangren Bank.

This sentence immediately made many people feel embarrassed. After all, resistance is rebellious, but the business still needs to be done. In essence, they don’t want to have a complete quarrel with the Tang family.

Tang Jun told them that he had already figured out this question: "In essence, Tang Ran and Zhou Ming wanted us to invest in all search engine startups in Silicon Valley, but they did not instruct us to invest in which ones, right? So this is where we can make choices."

Tang Jun's words made many people's eyes lit up, thinking that this is a good idea. After all, venture capital companies are now in their own hands, so are they the final decisions on whether to invest or not?

Tang Jun told them: "Tang Ran and Zhou Ming didn't know anything at all. They thought venture capital could invest money by just finding a company. They just wanted to get it right, but we wanted to invest real money and spend our own money! We don't need to know in detail, we just need to invest according to the deployment. If we don't do this, can he do anything to us?"

The others cheered as Tang Jun said, and the others left the conference room.

Like other situations, the fact that Zhou Ming asked Tang Ran to convene venture capital managers like the Tang family to have a meeting cannot be hidden from Morgan and the others. Not long after the meeting between Zhou Ming and Tang Jun ended, Morgan and other wealthy families quickly got the news.

Morgan and others were surprised to hear that Zhou Ming asked these Tang family managers to invest in all search engine companies. They didn’t expect that Zhou Ming was so anxious. You have to know that today is just the second day of the California Computer Conference!

Boya soon thought of an explanation: "So that's it. Zhou Ming did this on purpose to buy the bottom!"

Boya explained that Zhou Ming deliberately drove away Professor Madol in order to make him revenge and create negative news, and to make the reputation of search engines bad, because the valuation of search engine companies will drop sharply. Then, when you start investing, isn’t that the bottom of buying?

"But fortunately, Tang Ran was not very capable, and the Tang family was not as closely integrated as Zhou Ming's situation in China. They had their own ulterior motives, so they did not do their best to implement Zhou Ming's orders now, which gave us a chance!" Boya said.

Piero immediately realized Boya’s plan: “So Boya, do you plan to attack him with a time difference before the Tang family has time. Will we acquire these high-quality search engine resources first?”

Boya nodded and said that this was the answer. He also told Piero: "But our reading of books must be accelerated. After all, besides us, there will definitely be other people who have also received this news. We just want to be ahead of them and acquire as many companies as possible. We cannot learn from the idiot Tang Jun's ideas!"
Chapter completed!
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