Top of the Great Era

Chapter 1534 Bit
This is a new type of digital currency in the form of P2P based on blockchain technology, which is the famous Bitcoin!

The presentation of the project was exciting.

It is said that this project originated from the subprime mortgage crisis last year.

Why is there a subprime mortgage crisis in the world?
Because of centralization.

All currencies and financial products are issued by specific institutions, which is the concept of centralized finance.The financial order of the world is managed by a group of central financial institutions with huge power.

If it's managed well, of course it's fine.

But if you don't manage it well, it will be a landslide.

The decentralized financial concept of Bitcoin came into being in this situation.

At the beginning, no one believed this stuff.

But a few months ago, the hearing confirmed the legality of Internet P2P finance. While a large number of Internet finance companies emerged, Bitcoin gradually entered the field of vision of Silicon Valley.

This matter must be done!
To buy Bitcoin!
Must be cheap now!

But Zhou is not in a hurry, continue reading these materials carefully prepared by Alex Jones, chief investment officer of Ziweixing International.

For many projects, Alex gave his own assessment and gave 5-level investment suggestions. 5-stars are strongly recommended for investment, and 1-stars are not recommended at all.

But Zhou Buqi didn't believe it at all.

The top investment experts are all working in venture capital institutions. The investment experts in the enterprise are more strategic and executive, looking for strategic investment that can strengthen their core business strength according to their own business development. , rather than a financial investment.

In Zhou Buqi's opinion, many of these projects look very good. For example, there is a project aimed at optimizing the transaction process of banks.

By integrating Silicon Valley's cutting-edge big data, model building and in-depth analysis technologies, it helps large and medium-sized retail banks to better study customer behavior.In the process of customer acquisition and portfolio management, we provide banks with efficient and simplified problem solutions through big data platforms, innovative technologies and customized business processes...

In the project introduction, the words are hype.

But starting a business does not mean that if you follow the right direction, you will be successful.

Zhou Buqi didn't spend too much time. In less than 2 hours, he went through the 300 materials in the office and felt clueless.

Then, he called the accountant again and inquired about the current financial situation of Ziweixing International.Then, he gave up the idea of ​​investing in the Internet finance industry on a large scale.

Now, several major lines of business cost money.

Even the already profitable game business line is applying for a fund of up to 1.5 million US dollars, saying that it wants to acquire more game studios.

Money is being used everywhere, so let’s save some money first!

Just according to the previous idea, just invest in the Lendingclub project.Invest in it and see how the Internet finance in the United States is going. Regardless of whether the project succeeds or fails, it can be regarded as providing relevant experience for Ziweixing International's online financial business in the future.

Zhou Buqi called Alex, the chief investment officer, and pulled out this material from Lendingclub, "When I was in the UK, someone recommended this company to me. I just talked to the financial manager, and it's not right. Given the company’s current financial situation, we can only invest in this one project. Going deeper, we need to obtain key data and grasp the operational details, which is a learning process.”

Alex knew what he meant, and said hesitantly: "This company is very popular now, and there are many investment institutions that are eyeing it."

"Huh?" Zhou Buqi was a little surprised, "But when I was in England, someone told me that I couldn't find an investor."

Alex smiled and said: "Maybe that person didn't speak clearly. Lendingclub really couldn't find investors, not because they couldn't find them, but because there were relatively few investment institutions willing to accept their high valuations."

"how much?"

"Most investment institutions give a valuation of US$500 million, some institutions give a valuation of US$800 million, and some bold companies even give a valuation of US$1000 million. This is a brand new market after all. The industry is too risky. But Lendingclub believes that it is the industry leader and should have a higher valuation. They do not accept valuation quotations below 2000 million US dollars.”

Obviously, Alex has made full preparations for this conversation with Boss Zhou.

Zhou Buqi was very generous, "Promise them! This is a strategic investment of Ziweixing International!"

"25% of the shares?"

"Yes, give them US$500 million! Even if the investment fails, it can be regarded as a teaching lesson on Internet finance."

Zhou Buqi was very courageous and made the request directly without any investigation.The main investigation is meaningless, and he is still a bit out of tune with American culture.In China, if he visits a start-up company a few times, he can basically make a more accurate assessment from their business direction, team ability, working atmosphere and entrepreneurial spirit.This is not the case in the United States. The experience and various inspection indicators accumulated in the country are not applicable here.

Why not just be decisive and focus on something more important - Bitcoin.

It's not the company's business, it's his personal investment.

Since it is a personal investment, confidentiality is very important.

But here comes the question again, how to buy Bitcoin?

It's 2009, and Bitcoin is still a new thing.Unlike later generations, there are a lot of tutorials on bitcoin transactions on the Internet, just follow along.The current Bitcoin is a purely technical concept, and there are probably a group of people in Silicon Valley who are more optimistic about it.

Zhou Buqi called Xu Liangjie over, and said in surprise: "I feel that your spirit is better than when you were in China."

Xu Liangjie said with a smile: "It's definitely good, my wife and daughter are here, and I don't have to commute back and forth between China and the United States."

Zhou Buqi asked: "How is the work? From technology to product, now it's changed to personnel, are you still used to it?"

Xu Liangjie said: "Very good. The experience in technology and products in the past is very effective in the new personnel model. To be honest, after getting a deeper understanding, I realize that what you said is so reasonable."

"what happened?"

"Personnel work should really change from liberal arts thinking to science thinking. The past model is too emotional and too subjective. The more subjective, the worse the fairness."

Zhou Buqi laughed and said, "Your words are subjective enough."

Xu Liangjie said with a smile: "I learned from you, this is decisiveness. But to be honest, I think Ziweixing's personnel business should really solve this problem from the root."

"How to say?"

"In the personnel department, there should be a group of technical personnel. In the past, the personnel department paid too much attention to communication and expression skills, too much emphasis on affinity and appeal. This is of course very good, and it can give people a feeling of spring breeze when communicating. But once It is a tool-based office, and the frequency of face-to-face communication will inevitably drop significantly. Except for some important staff, most of the work can actually be done online. For online work, many past strategies need to be revised.”

"Do you want to target science students?"

"Yes, just like recruiting product posts and operation posts, use similar criteria to recruit personnel posts."

Xu Liangjie gave his own suggestion.

Online communication is very different from offline communication. This is not only a matter of thinking, but also a matter of mentality.Just like some young couples, they are very harmonious when chatting online and have good communication with each other.But as soon as we met, that kind of flexible and playful chatting level couldn't be brought into play.Another example is that some people tell a story in front of one person, and they tell it very well.But when you get on the podium and give a speech in front of a group of people, it's all upside down.

With the development of the Internet social era, this phenomenon is becoming more and more obvious. More and more young people do not like to communicate in person, but through virtual chat tools.

This phenomenon is most obvious in Japan.

Many nerds and nerds are locked at home, and they don't even have the idea of ​​talking to their parents. They pass messages through notes every day.

Tool socialization will play an increasingly important role.

This atmosphere will of course spread to the enterprise.

When an enterprise employs people, it must not stick to one pattern and reduce talents. It cannot be that a person with poor communication skills, very closed and unwilling to speak, should not be hired, right?

In the past, companies did indeed do this.

But geniuses often have personality flaws. If you want to recruit the best employees, you have to provide the same working environment for employees with different personalities.

Even if he is dumb, he should be able to play a huge role, and even have the same chance as others to be promoted to a senior executive. This corporate system is the best.

Tools are the best solution.

The tool that Ziweixing will launch grandly is Weishu, and a series of office products around Weishu, such as Weishu Recruitment and Weishu Performance.

This requires changing the past recruitment habits of the personnel department and opening up to more science students.

Xu Liangjie went on to say: "In the past when we were recruiting at the school, those with the best technology would enter the R&D department. This is no problem. If the technology is not good enough, we need to transfer jobs appropriately. For example, the technology is not very good, but communication skills, marketing If the ability and market analysis ability are relatively good, you can transfer to the product position; if the technology is not very good, but the summary ability, refined thinking ability, process thinking ability, and execution ability are relatively good, you can transfer to the operation position. In school recruitment, almost all positions require IT technology foundation, but administration, personnel, finance and other departments do not have such requirements.”

Zhou Buqi said: "So you think that the personnel post should be like the product post and the operation post, and the students who are eliminated from the R&D post with insufficient skills should be screened."

"Correct."

"Don't worry, take your time. Next year's school recruitment, let's give up 30% of the quota in the personnel department to science students, and try the effect. If the effect is good, then gradually optimize the structure of the personnel department."

(End of this chapter)