Hot cakes in the venture capital circle

Author: Big fish eats small fish

Hot cakes in the venture capital circle

Hangcheng, Alibaba headquarters, chairman's office!

"What?" Ma Dong said in surprise: "Ye Fei wants to engage in blockchain?"

The CIO (Chief Information Officer) nodded and said: "Yes, according to reliable information, Ye Fei has set up a blockchain laboratory at Zhonghu University. He has asked many people to bring people into his laboratory."

Chairman Ma asked: "How much money will be allocated to him from above?"

"Ten million!"

"Ten million?" Ma Dong said in surprise: "What can ten million do? Ten million may not even make a splash. Can't Ye Fei apply for more? At least one billion!"

One billion is too small in Chairman Ma’s opinion. Alibaba’s investment in the blockchain has reached 13 billion, and it is increasing investment every year.

And Alibaba is just a private company, even though this private company is one of the leading domestic technology companies.

However, the research done by Ye Fei was on behalf of the country, which only allocated 10 million. In the opinion of Chairman Ma, it was too little. To develop blockchain, at least 1 billion or more would be needed.

Ma Dong said: "Go and ask Ye Fei if he needs investment. I can invest one billion for him."

Chairman Ma is very optimistic about Ye Fei. Judging from Ye Fei's ability, he can definitely make a profit of one billion investment without losing money.

The CIO said: "Okay, I'll ask later."

Director Ma said: "Since Ye Fei has established a laboratory at Zhonghu University and started researching blockchain, it means that Ye Fei will not leave Zhonghu University for the time being."

"That should be the case!" CIO said.

Chairman Ma asked: "What did Korn Ferry International say?"

The CIO said: "I have also asked HR, and they are also following up. During this period, people from Korn Ferry International contacted Ye Fei many times and tried to poach him, but they failed."

"On the contrary, at the last global blockchain academic conference, people from Korn Ferry International communicated with Ye Fei for a long time. Ye Fei seemed to be interested in making a move, but then for some reason, there was no news from Ye Fei again."

"Yes!" Ma Dong nodded and said: "It is difficult to find talents like Ye Fei. This is normal."

"We need to keep a calm mind and not act too hastily, lest we make Ye Fei angry."

"Business cannot be done without righteousness. Even if Ye Fei doesn't come to Ali, we can't make him angry."

"Maybe there will be a place to cooperate with him in the future."

"You convey what I said to HR, and let HR convey this to Korn Ferry."

"Okay, Chairman Ma!" said the CIO.

After the CIO left, Director Ma's eyes flashed and he thought to himself: "Ye Fei wants to study blockchain. It seems that the international blockchain market is about to take off again."

Director Ma has watched Ye Fei’s speech at a global blockchain academic conference.

Since Ye Fei can give a very forward-looking speech on blockchain, then Ye Fei must have some research on blockchain.

Otherwise, it would be impossible to deliver such a speech.

Moreover, looking at Ye Fei's growth history, Ma Dong concluded that Ye Fei will definitely be able to make some achievements in the blockchain field.

“The company needs to make some arrangements in the blockchain field.”

What Chairman Ma can see, many people around the world can also see.

Magic City, Sequoia Capital Xia Headquarters!

Sequoia Capital is one of the world's top investment companies. It is headquartered in the Silicon Valley of Beili, and has headquarters in Beili, Xia and India.

Most of the projects invested by Sequoia Capital are Internet companies.

For example, Apple, Google, Cisco, Yahoo, Alibaba, JD.com, Toutiao, Mobike, are you hungry...

Sequoia Capital has invested in most of the world's most famous Internet companies.

Science and Technology Investment Department, Conference Room!

Three groups of people are meeting in the conference room!

There are five people in the conference room, one team leader and four team members.

A team member is using PPT to explain.

"Ye Fei, male, born in 2001, from Jinling, was admitted to Zhonghu University in 2018, will study for graduate school at Zhonghu University in 2022, will study for a doctoral degree at Zhonghu University in 2023, and will graduate with a doctorate in 2024."

"Prove the world's most difficult mathematical problem in 2024, Hilbert's first problem, the continuum hypothesis."

"In the same year, mathematical algorithms were created."

"In 2025, we will help Guoyu Technology Company and Honghui Medical Device Company develop two of the world's top medical devices."

“In 2026, the future development and research directions of blockchain will be proposed at the global blockchain academic conference.

“In the same year, the world’s highest level A2-level safety system was developed.”

Both the speaker and the listener were shocked.

Ye Fei's development speed was so fast that it was almost inhuman.

They have also come into contact with many outstanding scientific researchers, but none of them have developed as fast as Ye Fei.

"This person can't be a prophet, right? He is born with knowledge, and a lot of knowledge automatically appears in his mind." Many people thought: "Otherwise, why is the research speed so fast?"

A team member said: "Ye Fei studied cryptography at the Information Resources Research Center of Chang'an University of Electronic Science and Technology, and that's when he came into contact with blockchain."

"Based on Ye Fei's research speed, we can see that he learns very quickly. In addition, judging from his performance at global blockchain academic conferences, he will definitely achieve results if he studies blockchain."

“So, investing in Ye Fei’s blockchain, the ROI is 35%.”

ROI means return on investment.

Before each investment, a calculation will be made based on the ability of the investee and the value of the investee.

Generally, as long as the ROI reaches 8%, the capital can be guaranteed, more than 20% is a high-quality investment, and 30% is a very high-quality investment.

According to the calculation of ROI, Ye Fei's blockchain is a very high-quality investment.

That is to say, as long as you invest, it is almost impossible to lose money, but you will definitely make money, and make a lot of money.

Unless there are some uncontrollable factors.

For example, due to policy changes, blockchain suddenly transformed from a sunrise industry to a sunset industry.

But with the current popularity of blockchain, this probability is only 0.001%.

In other words, it is almost impossible to happen.

The team member said: "My speech is over!"

The team leader said: "Well, from the current point of view, investing in Ye Fei's blockchain is a stable and profitable project."

"If we invest in Ye Fei's project, we can collect the money after the project research is completed."

"It doesn't even matter if you don't open for a few years even with the money you make."

Blockchain is a product of the computer field, and computer products are extremely profitable. This is something everyone knows.

In the computer field, blockchain is a huge profit among huge profits.

For example, cryptocurrencies are developed based on blockchain.

It is very common for many people around the world to become worth billions in a short period of time because of cryptocurrency.

The team leader said: "But the problem at this stage is that when we discover this project, other venture capital companies must also discover this project."

"So, we need to win this project as soon as possible."

"The higher authorities only allocated 10 million to Ye Fei. He must be short of money, so he should be very happy if we invest in him."

Venture capital is divided into two types: the other party automatically comes to attract investment and the venture capital company automatically comes to provide investment.

Good projects don’t have to worry about investment.

And generally, most of the projects that come to solicit investment are not good projects.

Therefore, whenever there is a good project on the market, venture capital companies will automatically come to invest in it.

Ye Fei is a person that many venture capital companies have long paid attention to, and Sequoia Capital is one of them.

When they heard that Ye Fei was researching blockchain, many venture capital companies were like cats that smelled fishy and wanted to lick him.

With Ye Fei's ability, his research on blockchain will definitely produce results.

Moreover, as long as the blockchain has some results, it can make a lot of money.

Of course venture capital companies would want to invest in such a good project.

A team member asked doubtfully: "But team leader, why did the higher-ups only give Ye Fei 10 million in scientific research funds?"

This is also where many people wonder, what can 10 million people do by studying blockchain?

Such a small amount of money is not even enough to cover the gap between the teeth.

Don't say that the country has no money, this is impossible.

If the Xia Kingdom has no money, every country in the world will have no money.

Could it be that Ye Fei only applied for 10 million scientific research funds from the above?

This is impossible!
To be continued...