A few months ago, when Su Yehao arranged to open a branch on Fengsha Road in Silicon Valley, he transferred a group of people from Hong Kong City KOKO Venture Capital.
Here at the headquarters, we have recruited some more people.
One of them is Lin Youfeng, the vice president. This 39-year-old middle-aged man has worked in Singapore for many years and holds a doctorate from Paris Business School.
Lin Youfeng originally thought that by becoming a shareholder of Yahoo and creating the third generation, he would have the opportunity to flex his muscles. Unexpectedly, he had to rest for more than two months after joining. His only task was to help Su Yehao collect some information.
There are more than a dozen people guarding an office building of several hundred square meters. When calling people, you have to shout loudly, otherwise you won't be able to hear them from a distance.
It cannot be said that what we usually do has nothing to do with venture capital, but Yinhai Software is independent, and companies with strange names like TAT, TVT, and TOT also have their own management systems, not to mention the newly acquired ICQ.
The stall seems to be quite large, but they have achieved results and have nothing to do with the vice president Lin Youfeng. Occasionally, they collected some seemingly reliable projects, but Su Yehao returned them intact.
It just says that the company doesn't have enough funds.
Come and go.
Lin Youfeng also followed the example of other colleagues and set up a tea tray in the office. When he has nothing to do, he can drink tea while surfing the Internet, browsing forums, reading news, and playing spider card games. It is more peaceful than retirement.
If it weren't for the monthly salary of 20,000 yuan, which was paid into the account on time every month, he even felt that Su Yehao had forgotten that this company existed.
I heard that people on the sandy road in Silicon Valley have a lot of free time. They only need to help Su Yehao's companies find reliable new technologies and do some chores such as helping negotiate prices.
today.
The fax machine suddenly printed out a piece of information about Japan's SK2 Cosmetics Company, and attached an asset valuation report. It looked like the pace of financing or acquisitions. This made Lin Youfeng extremely excited.
After sharpening the gun, sharpening the gun, and sharpening the gun again, it finally came in handy. Lin Youfeng immediately called people for a meeting. Excluding the cleaning, front desk, and security guards, there were only eight people sitting in the meeting room, which seemed empty.
At this moment.
Vice President Lin Youfeng asked someone to spend five minutes going over the information at hand, and said excitedly: "Everyone, tell me, what do you think of this investment project?"
A young girl asked with a puzzled tone: "Is this... a new project for us to be responsible for financing? The company seems not to be involved in this area. Most of them are the Internet, tourism, and real estate."
"Is it possible that someone made a mistake? Our company's machine automatically faxes, so it's not surprising that someone made a mistake."
"..."
Lin Youfeng's expression froze, thinking that this was really possible, and said: "Probably not, McKinsey Consulting Company has our contact information, otherwise who should make a call and ask who wants the information first?
"
I finally got a project, but when I thought that it might be a misunderstanding, everyone here felt as if they had eaten flies.
I feel so busy every day that I feel anxious.
To put it bluntly, they are really tired of this kind of work. Some colleagues had no plans to work in the United States before, but they signed up to be transferred to the Silicon Valley branch because they were too bored here.
It is very comfortable to take a day or two of rest, and it is also very comfortable to take a week or two of rest, and some people have been idle for more than half a year.
I go to work in a daze all day, and get off work in a daze. When my wife and husband come home and ask me, I can't even explain what I did. It's really torture.
fortunately.
When the investment manager contacted the McKinsey staff and learned that it was Su Yehao's arrangement and that he specifically requested a valuation, everyone's faces began to fill with enthusiastic smiles, which was a relief.
Gu Bi
What are you waiting for?
First, let’s actively analyze the cosmetics market.
Each of them actively took over the assigned tasks and spoke very enthusiastically. They even talked about trying to contact and form a team to inspect the SK2 headquarters.
Even though it is just a skin care product company, how can we still be picky at this time?
It’s already pretty good to do something.
Everyone who can get into the company has a lot of skills. In addition to a master's degree from a prestigious school, three years of work experience and other entry requirements, some have also been managers of other companies. They have nowhere to put their skills to use and can't even find a reason to pay bonuses.
arrive……
When Su Yehao brought Nong Qingying to the company.
Vice President Lin Youfeng showed up immediately and said with a smile: "Boss Su, Mr. Nong, I have received the SK2 materials. I have already had a meeting with them and studied them carefully."
"It was just sent, right? Have you studied all this?"
Su Yehao asked in surprise.
Lin Youfeng smiled bitterly in his heart, thinking that the small boss was really wealthy, and he probably didn't know much about the situation of KOKO Venture Capital.
I really want to complain and find something to relieve my boredom.
But such words were too offending, and people would be easily fired if they were idle, so he said with a smile: "I just happened to have some time and discussed it during the morning meeting. The situation of that company in Japan is not bad. Last year's performance increased by 11%.
It increased by 16% the year before last, and the market is concentrated in Japan, so there is room for development."
"Well, I heard that their skin care products are pretty good. Let's talk to her about the specifics of the items Qingying has chosen. Show me the purchased information first."
Su Yehao nodded to the other employees as a greeting.
Today I made a surprise visit to KOKO Venture Capital and unexpectedly found that everyone was working hard. This performance made him deeply satisfied.
Just a coincidence.
If you come half an hour early, the employees will either drink coffee or chat about gossip, and some of them will use newspapers and magazines to relieve their boredom.
The current development focus is on financial management and entrepreneurship, and there is indeed not enough investment in venture capital business. The main reason is that it is difficult to encounter start-up companies that satisfy Su Yehao.
Su Yehao came to the office and began to look through SK2's investigation report.
There were a lot of general information, business philosophy, technical advantages, etc., which were of no importance at all. After scrolling through the pages at a glance, I found that a valuation model based on the financial report data resulted in a total value of SK2 of only about US$43 million.
He laughed after reading it and said to Nong Qingying: "It's cheaper than expected. You spent more than two million US dollars and you can only get the agency rights. It's obviously not worth it."
Nong Qingying hadn't seen the back yet, frowned and finished browsing, saying speechlessly:
"Good guy, the agency fee I asked for is almost equal to its net profit last year. Fortunately, I discussed it with you first and almost got cheated."
“Generally speaking, the brand influence is not big enough, but the product has advantages and it is worth investing in and giving it a try. I didn’t spend any of my own money to buy a house, and I still have assets that I can borrow from First Quanye Bank. If I only spend 4,000
I can buy it for tens of thousands of dollars, so there is no pressure on me. Do you want to be the boss?" Su Yehao not only knew about the K2 brand, but also bought it for his girlfriend. He vaguely remembered that he spent more than a thousand yuan and the sales volume was particularly high.
He himself has no interest, but it is very suitable for him to be a career and let Nong Qingying practice his skills...