As Zhou Xin's commercial success grew and Riot Games' valuation climbed from US$500 million to between US$20 and US$3 billion, Cao Yongluo increasingly realized that Zhou Xin was a big deal.
This kind of friendship that started when we were students is very strong in the eyes of current Chinese people.
Especially at Yanda, the Alumni Association of Yanda has shown very strong cohesion for a long time.
When Mr. Yan invests, he will subconsciously prefer to invest in the big guys he knows in the Alumni Association of Yan University.
Everyone who is Master Yan will have such a preference, let alone the same dormitory roommate.
As Zhou Xin came to this era by accident more than 20 years ago, he also needs friends, not only for the sake of profit, but also for friends.
Especially in terms of personal emotional needs, there are too many secrets that only he knows, and these secrets are in his brain and cannot be confided to anyone.
At the same time, Zhou Xin became successful too quickly and was always busy with his own affairs outside. Zhou Xin was unable to make friends on campus like a normal doctor.
The superposition of the two is that he has always had a sense of combing through San Francisco at the turn of the century, and there is always an illusion of unreality.
The only professor he was familiar with, Professor Hu Zhengming, had a different personality from twenty years later because of the different eras.
Therefore, after Zhou Xin met Cao Yongluo once, he gained a sense of familiarity from social interaction that he lacked before.
After that, he often met with Cao Yongluo. For Cao Yongluo, he was eager to meet with the big boss more often.
In Cao Yongluo's view, achieving business success in China and achieving business success in Silicon Valley are completely different things. He has never heard of anyone other than Zhou Xin who can rise so quickly in Silicon Valley.
"I asked around and found out that Wu Shiqiang's family has some connections, but that's about it.
But logically speaking, this is the case. It's very simple. Under the current circumstances, someone can be assigned from within the Bank of China to the San Francisco branch.
It's strange that there are no connections at home.
Moreover, Wu Shiqiang was assigned to San Francisco, not places like Johannesburg or Panama, so he obviously needed some connections.
But he doesn't have much connections. If he had great connections, he wouldn't have been working at the San Francisco branch for six or seven years and still be just the lobby manager. "
Being able to be assigned to work in San Francisco from the Bank of China in 1993 was obviously not something that could be achieved by just a few tricks.
At that time, government-sponsored study abroad was a little more fair. It would not be an exaggeration to say that there were ten or nine out of ten people who were publicly-sponsored to work in overseas branches.
As for places like San Francisco, ten out of ten people have access to it.
Cao Yongluo told Zhou Xin the news he had learned.
Wu Shiqiang is the head of the business department of Huaguo Bank's San Francisco branch. He previously provided some help with Zhou Xin's earliest design of the payment system.
After listening to this, Zhou Xin said: “He is an overseas Chinese from China, not here.
When I chatted with him before, I knew from his spoken language that he was from Yanjing.
If you were an overseas Chinese, you wouldn't have this sonorous sound.
Okay, I understand, I will try to contact him later.
I want to return to China to open an angel-invested company. I feel that Wu Shiqiang is quite capable, at least in terms of execution, and is definitely qualified for this position. "
Zhou Xin paused for a moment and then continued: "Originally, I wanted to set up a branch of Riot Games in China to specialize in forum operations.
After all, you know, labor in China is much cheaper than in America.
Even if we need to find staff who can read and write fluently in English and speak localized English, the price will be much cheaper than in Amerikan.
Didn't I want you to help me find a person in charge? "
Cao Yongluo nodded and said: "Yes, but it is too difficult to find executives who are familiar with your business.
Your online forum is a very novel model.
I asked someone for a few resumes. After reading them, even I wasn’t satisfied, and I guess you won’t be either.
So I didn’t push it to you. "
Zhou Xin waved his hand: “Thank you very much, but it’s no longer needed now.
The president of Riot Games used to work at Microsoft, and he gave me a new idea.
That is outsourcing. We plan to further clarify the previous needs and then outsource them to a Chinese company to help us at a total price.
He feels there is absolutely no need to open a branch in China now. The entire operating costs are not as efficient as outsourcing.
If outsourcing, you can use a contract to bind the other party, and I only need to judge the effectiveness of his work.
It's just that this kind of content outsourcing is not easy to measure the work effect.
But even if I set up a branch in China, it will still be difficult to measure.
So try outsourcing first. "
Cao Yongluo understood: "So you want to set up an angel investment company in China in your own name?"
“Yes, compared with Silicon Valley, there are still a lot of investment opportunities in China’s Internet industry.
I sold my shares to Bill Gates before, and now I still have a lot of money in hand, and I plan to invest some money in Internet companies in China. "
Don’t worry about Zhou Xin being in America and China being too far away, so there’s a risk of getting away with the money.
Now those Amerikan investors and agents in China are just responsible for running errands.
They only have the power to select projects, and the final decision-making and financial power lies in the hands of Amerikan investors.
After you sign the contract, they will transfer the money directly from Amerikan's bank to the other party's bank.
Money will not be transferred from the hands of Chinese agents at all.
"Wu Shiqiang is just a lobby manager, can he be a good angel investor?" Cao Yongluo expressed doubts.
"Old Cao, you are still too impressed.
Sometimes doing it doesn't mean he needs to be able to do it well.
I will decide the angel investment project and the specific investment amount, he only needs to do the errands for me.
So the most important thing is execution, not investment vision.
I provide investment insights. "
At this point in time, it's actually not very good, it's a little too early.
The Internet bubble of Nasdaq has not yet burst, so the valuation of an Internet company is extremely high.
This is not only true for America, but also for China.
Of course, the valuation of China's Internet industry is measured in RMB, which is several times lower than that of similar companies in America.
Zhou Xin didn't invest in all companies, he only wanted to invest in the goose factory.
The goose factory that was only established last year can be won by investing an estimated US$1 million.
“If this is the case, we may not have to find Wu Shiqiang.
It doesn't make sense to him if he goes back just to run errands for you.
Isn't it more comfortable to work at the San Francisco branch than to go back to China to run errands for you? "Cao Yongluo joked.
“The problem is that he worked at the San Francisco branch and hasn’t gotten any better for so long.
As long as he is ambitious in his career, he will not miss this opportunity. "
