Reboot 2003

Chapter 314 094: Organizing production (four-in-one)

In short...due to my temporary enthusiasm, the days of the new semester did not seem to be as relaxing and pleasant as expected.

A Yue wanted to learn programming. She thought it would only take three minutes, but in fact there was no need for her to learn it in depth. Anyway, she was already a producer now, so she just had a general understanding.

However, she was very involved. She not only read Chen Qin's technical notes every day, but also came to ask questions every now and then. She also didn't miss the update of the map. She discussed with Guo Yang and the others during class every day what new gameplay should be added to the map. Chen Qin listened. Then it was naturally blended in.

As for Xu Lingling, if she wants to write a song, just write it.

It’s not that difficult for Chen Qin. It’s still early in the year anyway, and he can copy a lot of songs. Although there won’t be that many famous songs in the next ten years, it doesn’t matter if he has to copy one normally to show off. Difficulty.

But Xu Lingling insisted on writing it herself, and it was difficult to dampen her interest.

I go online every day and listen to her humming today's tune. I don't know where the conversation went as she hummed it. After a month, I didn't write any songs, so I just chatted there.

Just like that, September flew by.

Maybe if there was only one side, it would be a very fulfilling and meaningful new semester career.

But talking about their games with A Yue every day at school, and writing her songs with Xu Lingling after school, it was really a bit too busy.

In a blink of an eye, the National Day is approaching.

On September [-], school ended early. While cleaning, Chen Qin realized this problem and took the time to read the news.

I have been living in campus life for a month, but major events around the world have not stopped.

Terrorist attacks, financial crises, air crashes and typhoons have kept heads of state busy, taking conference calls one after another.

In recent days... the most important thing seems to be the "Emergency Economic Stabilization Act."

The Melician government claimed that it would use US$[-] million to bail out the market, and the specific plan was to use the money to buy the bank's toxic assets; because it seemed a bit retarded, it made the Congress red-faced, and it is still open to debate whether it is the final version.

However, because it happened to coincide with the general election, the response from the candidates of the two parties was even more enthusiastic.

The Republican Party seemed to have the upper hand before, even though the Democratic Party talked about the economy every day, but Clinton's trick of defeating Bush Sr. seems to be less feasible now, and McCain almost won.

But now the economic crisis has really broken out, ‘Fool, the economy! ’ is no longer an alarmist question.

There seems to be some subtle changes in the support rates of the two parties. Finally, a certain candidate's running mate will no longer catch him saying "I have a friend" every day.

"Better give me some peace of mind..."

Chen Qin muttered like this and put away his phone, feeling a little relieved, but...

what's next?

The plan to spend money has been finalized. In fact, the company has taken spontaneous actions recently - Galaxy Software has invested in the group buying website groupon, the European e-commerce company zalando, and the house rental website airbnb. The cash flow of the Flash Empire is abundant. , acquired popcap, and invested in unity... Of course, there are more than these on the list, but Chen Qin saw these familiar names when he looked at their due diligence documents. With complete tools and clear investment direction, Finding these companies does not require him, the boss, to personally take action.

But... he is a reborn person after all, and the company is basically his own company. At least at such an important time now, of course he can't just stand aside and watch.

And these investments...how should I put it?

Although I am now taking advantage of the tightening of the investment market and entering the capital market of Meilican through a more familiar perspective of Silicon Valley, I have indeed found a bargain, but I still feel that this is not enough.

After all, the company's current cash flow is very healthy. No matter what, the money spent now is almost enough from the company's revenue. As for the [-] billion cashed out from Facebook last time, it has not been spent yet.

As for the Red Water Fund... its assets are now close to [-] billion. If you want to divide the spoils, the part that belongs to Chen Qin is almost [-] billion. In fact, the two partners are also willing to do business together, at least [-] Yidu is within his scope of deployment.

With so much money, what should I buy?

Chen Qin took out a notebook...

It was time to think about this issue recently, but when I opened my notebook, there were only three lines written on the empty page.

The first line is Mozilla, and the mark next to it is Donation.

This is to donate money to open source organizations. After all, they have helped promote Kaitian, and now they also provide compatibility support for Kaitian. It is appropriate to reciprocate and contribute some incense money.

The second one is actually a new business. The focus is to make the entire game box of Simmer Empire or Moyou.com. The game box is something like Steam. Of course, you can figure out how to do it later. The business model itself is also very simple. It is a closed ecosystem that allows users to purchase and download things from the first party. Its core is p2p download technology, which is now very mature...

The third one is YY Voice, which was also launched this year and is an investment project.

The thing is very famous, but it is already a thing of the past for the Internet in 2023, but it is very useful now - it turned on black voice at the beginning, but it is also very convenient for singing and other things, and it is also very convenient for chatting after singing. It is also very convenient to play in the channel...

So isn’t this a very good dating software? Although I don’t want to compete with Tencent yet, social media itself is also a part of the Internet advertising industry chain. If you don’t do it, it will be in vain.

Looking through it again at this moment, these three investment goals were pretty good, but Chen Qin looked at them carefully and scratched his head again.

In the end, I was still lazy. Except for Mozilla, the other two were just thoughts while doing other things.

Ayue was complaining about the inconvenience of updating games. It is very difficult to update games nowadays, but it is different with a P2P client, so she thought of game box.

As for YY Voice... Xu Lingling recommended it to him.

In the past, I had to make phone calls, Fetion, or use various messy tools. The paid voice system was not convenient enough. With this, everything can be solved.

To judge others by oneself, this thing is a good thing for online dating at first glance, and things that can be used for online dating have been very valuable since the birth of the Internet. As for technology... In fact, it is mainly audio streaming and P2P, which happens to be in the company's technology On the tree.

Of course, as long as the thing is useful, I was planning to talk to those close friends a few days ago. Such an important decision should have been seriously considered by the board of directors, but Boss Chen took care of everything from capital to specific business, and just let all the subordinates The department has set up its own board of directors. As for the overall decision-making, it still remains at the level of a group of people getting together to make an Internet phone call. Things can be done, but the main problem is still not being able to spend the [-] billion in hand...

While watching the news in confusion, Chen Qin wondered whether he should discuss it with someone in the investment department. He also thought that since he was born again, he should have made a basic draft first.

While he was making plans in his mind, Li Sitong, who was cleaning the house, suddenly called him: "Chen Qin, come out!"

Chen Qin closed his notebook and went out honestly. Li Sitong moved the stool to sweep away the dust and asked him, "Chen Qin, do you know Principal Wen?"

Chen Qin was curious: "What Principal Wen?"

"It's the new vice principal who was at the flag-raising ceremony a few days ago. He seems to be politically motivated."

Chen Qin didn't care: "How could I know? I know that Principal Lu, and he was transferred away."

"I thought you knew, but today when I went to take out the trash, he caught me halfway and scared me."

Chen Qin asked: "Why is he looking for you so well?"

"Then he asked me where the student union was and left..."

"Hey... I thought something was wrong."

Chen Qin didn't take it seriously. After Li Sitong finished sweeping, he continued to sit and look at his things.

But after a while, I went out and saw A Yue standing alone in the corridor opposite the back door.

But as usual, she folded her arms and raised her soft chin slightly, showing the profile of the girl with a fair and slender neck and smooth short hair. Her dark eyes stared at the wall in front of her seriously, looking very serious.

She is always very serious. Apart from that, she is still not much different from other girls of the same age. It's just that because she has experienced a lot in the past year or so, now she looks a little bit more like she is looking at the air with her arms folded. The little adult's airs also have some aggressive aura that he didn't have when he first came last year.

But this is just an illusion in the end - occasionally he feels that the changing girl has some temperament that he has not noticed before, but if he thinks about it carefully, this posture is actually his habitual movement when he is thinking. Maybe she herself is not She didn't realize that she and Chen Qin had become more and more similar, but after getting along day and night, this kind of change would probably happen. Now she started to speak with a Chen Qin tone.

Chen Qin walked over and leaned next to her, pinching her shoulder.

A Yue's serious eyes moved over, and Chen Qin commented: "How come you don't grow any meat if you eat tiny pig's trotters every day?"

A Yue puffed up her face and looked even more unhappy. On normal days, she would probably hit Chen Qin, and then she would seriously say that I have a good meal.

But today she was probably really thinking about something seriously. Seeing that it was Chen Qin, she whispered: "Someone came to me just now. Their classmate association is going to have another meeting."

Alumni reunion is probably the gathering of the Chinese Alumni Association.

Chen Qin said thoughtfully: "Just this National Day? I won't go this time..."

Ah Yue continued to cross her arms: "I don't want to go either. I declined a few days ago, but someone just insisted on asking me..."

"Who?"

"Just the new Principal Wen." A Yue seemed a little unhappy, "This matter has nothing to do with him. He insisted on asking me if I wanted to go. He also said that we are young now and it would be helpful to know more people. What……"

I don't know where I heard the same words, but Chen Qin also felt a little strange when he heard it. It was just an acquaintance talking about it, but this principal was a stranger to him, and it sounded inexplicable to teach him this in person.

"Is that all he wanted to say?"

"Yes, and the other thing is to ask about our game."

"Did you say it?"

"I said I signed a confidentiality agreement with the company, and he didn't ask any more questions."

"How did he know about you? Through the media?"

"It seems that he has a relative who is doing business in Yanjing, and he said that he seems to have seen me here."

"No wonder..." Chen Qin almost understood, "It's normal for someone to be a teacher and like to teach others how to do things..."

Ah Yue said, "I'm not going."

It seemed that he was in a bad mood, and even started talking to those uncles and uncles: "These people do this kind of thing all day long to disturb others, and those uncles and uncles are also true. Although they have helped my family, they always treat people. When children look at it, the things they talk about are actually not very clever..."

When he got to the point, he started gesticulating with his hands: "It's just a very common truth. I included a few English words and it had to be said in such a convoluted way. In fact, it's not as clear as yours."

Chen Qin laughed when he heard this. The second disease of other people's little girls is to look down on others. Why are you stepping on them?

Chen Qin explained to her: "One code equals one code. Our country has only joined the WTO a few years ago, and it takes time to learn..."

"But they just don't understand anything. They don't even understand their own company's products, and they always like to preach to others. I really don't know how they make so much money..."

Chen Qin continued to explain patiently: "It's not like social production will start naturally if you put it there. You are now a moderately accomplished game producer. You have made so many games. Which one do you think is the most successful?"

Ah Yue probably wanted to say it was Fota, but after thinking about it she still said: "Friends fight?"

"Yes. Although that thing was simple, it is now the most commercially successful work. What do you think of your level at that time?"

The little brat immediately said: "I'm not as good as you anyway..."    "It's all about one code. You didn't even know how to use Photoshop at that time, but you could take risks and organize a team. That's enough. ." Chen Qin said, "As for your uncles and uncles, they might have been similar to you when they started doing business. Maybe they have a better vision, or maybe they are just blind cats catching dead mice. They just hit the right direction. From many Stand out among the losers, what do you think this is called?”

A Yue said: "It's what you said is on the edge of the wind..."

"I didn't say that." Chen Qin quickly corrected her and continued to explain, "This is called organizational production. Although there are many jobs suitable for everyone, society will always develop and new things will always come out. Ours Society needs someone to help allocate resources to the right place all the time. Your uncles and uncles have played such a role in our society, so they can hold meetings there. Because of this, they are now In learning roles that better organize production…”

Ah Yue seemed to be in a better mood after hearing this, but she still had to raise the bar - "You just like to be this kind of good old guy. You always speak for others like this."

"Why is this a good old man? This is to teach you the basic knowledge of how society operates."

Ah Yue said: "This year's political textbooks say they are capitalists, and you are also the big bad guy who exploits surplus value..."

As she spoke, she poked Chen Qin in the arm. Chen Qin was so frightened that she said, "Don't talk nonsense after learning something. Political textbooks, after all, those are theories from a hundred years ago, not to mention the book also said, 'Productivity determines production relations'..."

"But how productive are they?"

"Organized production is one of the most advanced productive forces today, and it is even more important under the Silicon Valley model of our Internet companies... For example, Bill Gates of Microsoft recently said that now our system is called 'creative capitalism,' although it is Things have not changed much, but since it is based on growth and innovation, this is the most advanced production method in today's society..."

Xiao Chen kept talking about his fallacies, and Ah Yue was skeptical, but she didn't want to argue about it: "Okay, okay, anyway, I won't go if you don't go. In fact, Song Ziyun and the others want to fight in Shencheng." game, so I thought we’d go shopping together.”

Chen Qin spread his hands: "If you want to take a rest, you can go by yourself. I've been quite busy recently."

"What are you busy with? Do you want my help?"

"Forget it, this is a major event that will affect the world economy in the future..."

Speaking of this, A Yue seemed to be fine, but Chen Qin returned to the classroom and opened his notebook.

Thinking of what I mentioned earlier, I unexpectedly thought of something...

Of course, it's not a good habit to be in charge of politics, but now it seems that we are at this critical node, and Chen Qin is wondering what to do with a large amount of money in his hand, and he really doesn't have any new ideas recently.

But if there are no new ideas, there are still many old ones. Just as he said this, Chen Qin remembered something... Of course it is still early for the economic crisis, but when it comes to spending money, there is actually one thing that he has planned in advance.

After a while, they finished cleaning and held a class meeting. The National Day holiday officially began.

Ah Yue went to the studio as usual, and they seemed to be planning how to spend this National Day holiday first.

Chen Qin had recently resumed his previous routine, but today he just remembered that incident and went home directly.

First, she logged into YY Voice through the virtual environment, but there was no one on the voice channel - Xu Lingling had returned to Xiangjiang and lived with the adults at home, so she had to be her good girl at least until nine o'clock in the evening.

So Chen Qin boarded the Star Core again and entered the separate technology discussion channel. In fact, this thing is similar to playing YY more. Chen Qin thought to himself, but the cost was high in the past. Now that P2P technology has matured, this set of things is also I can get the user layer.

Entering the channel, Mr. Li is not here today. Ji Xianglin is talking to two people. He is in Meilijian. He can only choose this time to chat with people in the Celestial Dynasty, but it happens to coincide with Chen Qin's schedule.

But he was talking to two people, one was Wang Yin, who seemed to be from the open source community and had recently been brought in as a consultant, and the other was from the investment department.

Chen Qin thought they were talking about something technical.

But Wang Yin seemed to be talking about something else: "In New York State, the pace of life feels slower and the consumption is actually not as low as on the West Coast. There are also many young people where we work..."

Chen Qin went in and asked, "What are you talking about?"

"Mr. Chen!" Wang Yin had spoken to him twice before. Once, he had a bad mouth, and he didn't come when he was invited to join the company. But after meeting him, he started to talk nicely, "It's David who wants to ask us something." The pace of life, consumption and culture here on the coast.”

Another person from the investment department also said: "We are alumni of Cornell University and have lived in New York State for a long time."

Chen Qin was curious: "Lao Ji, do you want to live on the east coast?"

Ji Xianglin said: "No, to be honest with you, I accepted an offer today."

Ji Xianglin and Chen Qin are currently partners. It is a bit inappropriate to say that he has an offer from a third party. However, he did not mention it himself, and the other two did not realize the problem: "Actually, David, you can come and take a look. The East Coast is here." There are more people engaged in finance, which is actually more suitable for you."

Ji Xianglin said: "Actually, I didn't plan to go. I have been doing hedge fund business with Lao Chen for almost two years. In order to make money, there is no need to go to Wall Street."

The two people were finally aware of the class gap between the two parties - there were only a few people on this channel, not to mention Mr. Li, Ji Xianglin and Mr. Chen usually had no airs when talking about technology, but they were billionaires after all. , now we are no longer in the same world as them.

The manager of the investment department responded quickly and immediately introduced: "If you are asking about entertainment consumption, the East Coast is much better than California. After all, this is the political center..."

But Ji Xianglin said: "I'm not asking this. In fact, an acquaintance of the Democratic Party sent me an offer recently, asking them to let me serve as an economic adviser to their cabinet after they succeed in the election..."

The two were shocked: "Economic advisor?"

"Yes, the economic adviser who specializes in serving the president will not only pay me a salary, but also give me an office in the White House. We have predicted the economic crisis and made a lot of money during the financial crisis, so it seems that we are getting "He also said that our hedge fund is not beneficial to society, so he wants to invite me to join their economic cabinet - of course, that will have to wait until they succeed in the election." "

This seems a little uncomfortable. Of course, after all, you are serving as an aide to the president, and it is indeed not something you can do by just pulling in someone. But Ji Xianglin added: "Don't jump to conclusions yet. After all, I haven't decided to go there yet." Woolen cloth."

The manager of the investment department was curious: "It seems that the president's financial advisor is not required to be a full-time financial advisor. If you become an advisor, it shouldn't be a problem to continue being an individual investor."

Ji Xianglin smiled and said: "You are right, but I didn't say that I just wanted to work in the White House. I talked with Mr. Li and Aotian before, and we also felt that hedge funds are indeed not beneficial to society, so when we wait until When the futures fund expires, if Lao Chen has no other arrangements, then I will consider accepting their invitation."

Then he asked: "Old Chen, you said you had a plan after Goldman Sachs went bankrupt this year. It's been more than a month now. If you don't say anything, then I will be a financial consultant for the Democratic Party."

Chen Qin thought it was quite a coincidence. In fact, that was what he was talking about.

The economic crisis happened, and now his hedge fund is almost expiring.

But just like what I thought a year ago, and what I said to Xu Lingling that day - of course we can't stop doing business, and we can't stop buying at low prices, but we have to say 'contribute to society'...

The most direct route is actually finance.

As ordinary people in China, I often have a bad impression of this thing. However, this is also caused by the indifference of people in their own financial circle. The financial institutions of the Middle Eastern oilmen also know how to invest in high-tech companies around the world, but the financial institutions of China do not. As long as you stick to Big A and keep cutting leeks, you will be happy. A certain sovereign fund has cut off domestic investors to the point of fear. Ordinary people will naturally not have a good impression of these market bugs.

Today in 2008, the financial quality of China from top to bottom is even more astonishingly poor. Not only according to the historical trajectory, in the next two years, international financial giants such as Goldman Sachs will continuously bombard them with gold coins, but also during the financial crisis. Among them, even though he was clearly informed that related financial products would be subject to thunderstorms, he still held the junk bonds of Meridian real estate company. This matter was written in the memoirs of Meridian Finance Minister. Here, this time Chen Qin witnessed it with his own eyes. He clearly knew it, but they just wouldn't sell it... What should I do?

And at this time, what should you do as a reborn person?

First of all, of course, don't touch anything - international politics itself is a black box. No matter how bad it looks, at least China did take this opportunity to successfully rise. As a latecomer country that rose through the open market, it endured the humiliation and burden in the process of rising. , The battle of wits and courage between oneself and international capital is a long struggle that ordinary people can hardly imagine. Although some losses are indeed a bit redundant, and always saying "playing a big chess" is a bit too much, but if you are too good at calculation, Just for a few small bucks, Meili Jian started a trade war in advance. Even a middle school student like him couldn't bear the responsibility.

However, finance has its more essential purpose, which is exactly what I was talking about when I was chatting with A Yue just now, which is to organize production.

"I've been a little busy lately, and I almost forgot." Chen Qin said awkwardly, "But I've thought about the plan. You can listen to it first, Lao Ji. I'll respect your choice after it's over."

"You've been in jail for a year." Ji Xianglin urged, "Speak quickly."

The other two people quickly said: "How about we get out of the way..."

"No need." Chen Qin said, "In fact, it's not complicated. My suggestion is to invite David to return to China. Now there is a good chance for him to do so."

The other two people nodded, and Wang Yin asked: "Are you joining Galaxy Software? I heard that your investment department has been quite active recently..."

It was natural for him to ask. After all, if he was with a promising company like Galaxy, it would not be impossible to give up the invitation of Meilijian's financial consultant. However, Ji Xianglin said: "I agree that today's China has more opportunities, and I also know that Many investors are optimistic about Tianchao’s prospects, but I don’t know much about your Internet, and I don’t have much interest in Silicon Valley-style venture capital. If it’s for this reason, then I’d better stay here.”

Chen Qin said: "No, I want to do some other business. It has nothing to do with my company. The main business should focus on the field of financial mathematics that you are good at. If nothing else, what I want to do is a bank..."

The investment manager was surprised: "Bank? Can private banks be opened in China now?"

"It's possible, but it must be subject to supervision." Chen Qin said, "Of course, what I want to open is not an ordinary bank, but a shadow bank."

"What is a shadow bank? Like an underground bank?"

Wang Yin had never heard of it, and another fund manager explained: "No, it's probably the kind of bank that engages in business other than deposits and withdrawals, such as mortgages, pawns, and borrowings..."

Ji Xianglin said: "This concept is very broad. This financial crisis can actually be said to be caused by shadow banking. Meilijian's banks have to go through six steps for a financing. Those banks hidden in the shadow of the intermediate steps are shadow banks. Because the complexity is too high and it is easy for the credit of the entire system to get out of control in the end, shadow banking is a relatively less formal financial institution that is more likely to cause systemic risks."

Wang Yin was shocked: "Then why do we need to do it? Then how far will the financing system you mentioned take our country?"

Ji Xianglin said: "China only has two steps, and shadow banks were not allowed to appear in the past, so the economic crisis did not happen in China."

"But the future will be different." Chen Qin said, "As far as I know, starting this year, the supervision of shadow banking will be gradually relaxed. We can cooperate with the policy to build our own shadow bank."

Wang Yin didn't understand the logic of this at all, but Ji Xianglin just asked: "What is the main focus?"

"Mainly for small and medium-sized enterprises, of course we will also make some credit products."

Ji Xianglin asked again: "But can it be done out of thin air?"

"We have money." Chen Qin said, "In addition, my company will be involved in some financial-related Internet businesses in the future and may need it."

"Like?"

"Online payment, you can imagine it is a credit card." Chen Qindao, "But society is progressing, and online payment should be easier to use than a credit card."

Ji Xianglin said: "Well, this is indeed very meaningful...what else?"

Chen Qin continued: "Supply chain finance is very meaningful for e-commerce companies that value cost control, and it can be said to be an indispensable part. It is also a very meaningful financial service for traditional enterprises."

Ji Xianglin continued to agree: "It makes sense. Meilijian's bank has started this kind of business very early. As China is a big manufacturing country, this kind of business is also indispensable."

Chen Qin added: "There is also quantitative trading, which is to use automated methods to conduct automatic trading in the stock market..."

"This is a bit..." Ji Xianglin frowned this time, "Although it has appeared a long time ago, even in Meilijian, the reputation of quantitative trading does not seem to be very good."

"Existence is reasonable, and it will always come." Chen Qindao, "I will provide software support and cloud services for quantitative trading, but I don't understand financial mathematics. You should be able to solve a lot of problems when you come."

"Okay, I understand." Ji Xianglin thought seriously, "In addition, we can also help our companies go public, act as investment intermediaries, and provide financial analysis to customers..."

"Okay, you are an expert, you have the final say." Chen Qin said.

"Then it's settled, I will reject that Democratic Party politician." Ji Xianglin agreed on the spot, "Compared to that, these things of yours are indeed more interesting."

Wang Yin didn't understand: "Wait a minute, why did you suddenly come to a conclusion? Even if you were right, didn't you also say that its complexity will cause financial risks?"

Ji Xianglin said: "Social development will inevitably become complex. Meilijian's six-tier financing system is too complicated, but our only two-tier financial system makes it difficult to hand over financing to companies with higher productivity and therefore difficulty in effectively mortgaging. , so I think this is indeed a cause worthy of doing.”

"But you also said it is risky..."

"We have financial mathematics." Ji Xianglin said with a smile, "I have proposed CDO, which is the financial tool that directly caused the subprime mortgage crisis. Recently, I have always started to think about what the world would be like without it... But I I still believe that finance and mathematics can contribute to social production. Since I have the opportunity this time, I’d better give it a try myself.”

(End of this chapter)