Start from 1980

Chapter 457 Sandy Weir
After the appointed time, Su Chen was pushed into the department conference room by Brian.

As soon as I entered, as Professor Eyler said, there were many people listening to the defense in the conference room, including classmates from the same class and students from other departments sitting in the back.

The process has not changed. After announcing the start of the defense, Su Chen will spend ten to twenty minutes on the podium to state the main points of the thesis, and then the meaning, research and so on.

After finishing the matter, it was announced that it would enter the questioning session, and the real defense officially began.

The first questioner was specialized in economic statistics, and did not ask questions about data. Instead, he became interested in Su Chen's theoretical model and asked what would happen to the data if a basic theoretical assumption was changed.

Regarding this question, Su Chen naturally didn't have any questions, so he passed this link easily, and then entered the link of the paper details.

Regardless of each link, Su Chen passed the level very easily.

No surprises and no dangers, all votes passed, and then the professors asked all the audience to leave, and they stayed to discuss whether Teacher Su could pass the defense.

After waiting outside for a long time, the chairman asked people to enter the meeting room again, and announced with a smile on his face that after discussion, Su Chen's thesis defense was unanimously approved.

Although Teacher Su was mentally prepared, she was still very happy.

Afterwards, Professor Ayler brought a big cake and several bottles of champagne to celebrate Su Chen's thesis defense.

Compared with others, he went directly from a graduate student to a Ph.D., which left many people in the dust.

Because it usually takes at least 4 years to get a doctorate in the United States.

Doctoral study in the United States is generally divided into two stages. The first stage is taking courses. The credits of various compulsory courses and professional courses must be completed. After the courses are completed, there is a doctoral qualification examination.

Su Chen directly skipped these two stages, the span is not usually large.

Others are still suffering from postgraduate study, he has already ended his study abroad career in champagne and cake.

He was not the only one who passed the thesis defense, Miranda and Avril Lavigne also passed.

It's something to celebrate.

After returning home, I held a small family party, without much fanfare, and simply invited a few friends to participate.

Passing the dissertation defense does not mean that you will be issued a certificate immediately, nor will you be able to start working immediately, because Su Chen is sent by the government to study abroad.

Even if he doesn't want to go back to China to work for two years, he has to go back to China, which involves many problems.

Therefore, Su Chen took Miranda to New York to find Cao Jiaxin, and then went to Fox and ILM, Fox Animation, Marvel, Qualcomm and other companies.

Let me reveal a piece of information: Miranda and Cao Jiaxin are currently in charge of the development of these companies. In fact, there is no need for too much interference. For example, Fox and Allen have their own development plans.

Naturally, there is no need to overly interfere with his development ideas, as long as he is optimistic about the financial statements.

Another example is Qualcomm and Tiangong Laboratories, there is no need to worry about this, and now they just need to cooperate with these scientific researchers to burn money.

After all, research and development will cost money in the early stage.

The general direction is to determine the product technology development direction and business management goals of each subsidiary, determine the business policy and business plan, and give full play to the overall advantages of the group in the fierce market competition.

Conduct unified management, assessment, and put forward appointment and dismissal opinions on shareholder representatives, directors, supervisors, general managers, and chief financial officers recommended and selected to each subsidiary, exercise the power of the parent company as the controlling shareholder, and implement the strategic intentions of the parent company.

Review and approve the financial budget and final accounts of subsidiaries, income distribution plan, labor capital contribution and personnel system, major contracts, major projects, internal and external investment, loans, and guarantees.

It is enough to strengthen the supervision and control of subsidiaries and give full play to the checks and balances of the corporate governance structure.

Because whether it is Qualcomm, Tiangong or Cisco, they are still in the groping stage. It is impossible for Su Chen to conjure a Snapdragon processor out of thin air, nor can he conjure a Cisco router or a high-performance, safe and reliable lithium battery.

During his absence in the United States, it is enough for Cao Jiaxin or Miranda to control the finance and personnel of these subsidiaries, and the operators will take care of the rest, so there is no need to worry too much.

That being said, he still asked Bernice to form a board of supervisors in the shortest possible time. Its main responsibilities include checking the company's financial and operating conditions, supervising the behavior of directors and senior managers in performing their duties and the operation of the board of directors.

At the same time, EY was hired as an independent auditor. This is a very powerful accounting firm, one of the top four accounting firms in the world, and the second largest accounting firm in the United States.

Its clients include Intel, Coca-Cola, Wal-Mart, BP, Time Warner, Bank of America, and McDonald's.

Responsible for auditing and assurance, tax consulting and planning, financial consulting and other services.

Auditors are responsible for auditing the annual financial statements, assessing whether the financial statements are true and fair in accordance with accounting standards and auditing procedures, and expressing audit opinions on the financial statements.

The scope of the audit and the annual audit report are reviewed by the Audit Committee, and any relationships or services that potentially affect the objectivity and independence of the external auditors are discussed with the Audit Committee.

In addition, the independent auditors discuss with the Audit Committee on the problems and difficulties that may be encountered during the audit and the support of the management.

In this way, it seems to be much more standardized.

No more bloated departments to handle these things.

Moreover, the benefits of independent auditing are many, and there must be no real interest relationship between the certified public accountant and the entrusting unit.

A fair and unbiased attitude maintained in the audit process, a mental state that does not rely on and succumb to external pressure when performing professional judgments and issuing audit opinions.

Accountants strictly maintain detachment in the practice process, and cannot subjectively favor any party, especially should not make their own conclusions attached to and succumbed to the influence and pressure of opposing interest groups or people.

After dealing with these matters, Su Chen went to New York to find Eaton.

He wanted to find someone who could lead the credit company, and now Bernice was still in charge of the company, so he had to arrange for her as soon as possible.

Under Eaton's introduction, I met Sandy Weir and his assistant, Su Chen's old acquaintance - Jamie Dimon.

As soon as they met, Su Chen asked, "Hi, buddy, are you okay?"

"Su, to be honest, I'm not very good." Jamie shook his head, and continued: "Let me introduce you, this is Mr. Sandy Weir."

"Hello, Mr. Will." Su Chen stretched out his hand.

Sandy shook hands with him: "Hello, Sue, you are indeed a young and promising young man. Dude, I was still in school at your age, but I didn't expect you to be the boss of Fox."

"Mr. Will, this kind of thing can't be measured by age, can it?" Su Chen smiled, and then cut straight to the point: "I am here today mainly to invite two of you to join my company and help me lead the business in Baltimore. Credit company, I believe you also know about this company."

Sandy nodded: "I know that the boss of Data Control Company has long intended to sell Commercial Credit Company. When I was still working at American Express, the decision-makers of American Express and Data Control had discussed this matter.

However, the two parties failed to reach a final agreement because the board of directors of American Express had a big disagreement on the transfer of the commercial credit company, and I heard that Wells Fargo helped you facilitate this matter. "

"Yes." Su Chen nodded: "I think Mr. Sandy can show your talents in this company, and I am willing to provide considerable company equity and preferential subscription rights."

Sandy was silent for a while: "How much equity are you willing to give me?"

"30%, if Jamie is willing to follow you, I'm willing to give up 15%." Su Chen is very generous.

Because money is endless, he can't make that much money by himself, so he can only find someone to help him make money, as long as he absolutely holds the shares.

Sandy was silent for a while: "You want to hold absolute control, right?"

"Yes." Su Chen nodded: "This company is solely owned by me, so naturally I have to absolutely control it, but I don't care about the business, and I don't interfere with the company's affairs. I leave it to you to handle everything."

This is the equivalent of finding a business partner rather than a professional manager.

Eaton next to him had a smile on his face and didn't know what he was thinking.

After about 2 minutes, Sandy said: "Okay, I am willing to take over this company for you, but I have enough rights, and I also need to bring my buddy Jamie."

"If you know me well, you know that I have never intervened in the company's affairs with the arrangements I have acquired." Su Chen said, "Because I always believe that professional things should be left to professional people."

Since everyone has no opinion, sign the contract.

The reason why Sandy agreed so readily was actually because of Eaton's involvement.

After signing the contract, Su Chen's business map has been improved by a small step.

And Sandy is also preparing to bring someone to manage the company.

After completing these things in New York, Su Chen returned to Boston because the school wanted him to go back to attend the graduation ceremony...

(End of this chapter)