Reborn multinational giant

"President Fang, I would like to ask you. Although the investment risk of this project is high, but its user needs do exist, how can such needs be met?"

Thank goodness!

When the young male employee raised his doubts, Huang Siyi finally let out a deep sigh. The man just asked a question for advice, not that he wanted to dismantle Fang Zhe's desk.

"This question doesn't need Mr. Fang, I can give you the answer!"

Sister Hua adjusted her state, her face regained her previous self-confidence. Of course, when her eyes occasionally passed Fang Zhe, she couldn't hide her deep admiration and admiration.

"There are all kinds of needs in this world, there are public needs, and there are niche needs. As Fang always said, Tuge is a niche need, and there are strong and weak needs. Our investment projects are the first One concept is strong demand, high frequency, such as takeaway, street electricity, and secondly, strong demand, weak frequency, such as house decoration, medical advice, and the last one is Tuge. Weak demand, weak frequency.

In this world, there are countless needs in the first two levels alone. There are hundreds or even tens of thousands of projects that meet these needs. We can't even filter these needs. What's more, a project with weak demand and low frequency?

As for who you mentioned to meet these needs, it is only time to give the answer. We are investing, and we are more willing to add icing on the cake instead of giving charcoal in the snow, because there are too many places in this world that need charcoal!

If there are projects that better meet this demand in the future, it will not be too late for us to invest again.

Moreover, maybe more than a dozen years later, when technologies such as unmanned driving are popularized, this demand will naturally be met and covered by other projects."

Mr. Hua's explanation can be regarded as a textbook model, especially the sentence "Investment is more willing to add icing on the cake, rather than giving charcoal in the snow", which is deeply recognized by Fang Zhe.

The first priority of venture capital is to reduce risk, and the icing on the cake is obviously much lower than the risk of sending charcoal in the snow. The art of venture capital is to pursue a balance between the icing on the cake and the charcoal in snow!

When Fang Zhe left the investment department, everyone in the entire conference room stood up and saw him off. They both admired Fang Zhe, the myth of the investment industry, and were proud of Huizhong having such a discerning leader. .

Huang Siyi left with Fang Zhe. Before returning to Fang Zhe's office, Huang Siyi's flattery followed one after another.

"President Fang, you really opened the eyes of those in our investment department who are usually rebellious. You didn't see it. At that time..."

Until he entered the president's office, Huang Siyi was still chatting non-stop.

Fang Zhe gave him a white look and asked, "Are you too idle lately? Or should I arrange something for you?"

"Huh?" Huang Siyi was stunned. He just wanted to shook his head to deny, and felt that he should nod, but nodded, didn't he admit that he was too idle?

Seeing him shaking his head and shaking his head, Fang Zhe didn't get angry. This guy needs to be more able to control the president, so he has to run himself.

"In front of so many people in the investment department, I was not ashamed to say, between you and President Hua?"

"No, no, where did you want to go, Mr. Fang, I'm fine with Mr. Hua, but her personality has always been this way. At the beginning, I personally dug her from Sequoia. Although we adhere to principles in our work, Don't mention how sweet the private friendship is!"

"Sweet??" Fang Zhe saw that he was talking more and more, and he didn't bother to worry about it anymore. He took out a document from the drawer, threw it to Huang Siyi, and said:

"This is an appointment document I drafted two days ago. I originally planned to wait for your performance during this time to mention that the application was approved by the board of directors. Now I see, you can take it back and have a look. Okay, come and sign me again!"

Huang Siyi, who was still smiling hippie just now, opened the file in his hand in a daze:

"In order to further promote our company's global investment business, and in view of the current general manager of the investment department and our senior vice president Huang Siyi's lean contribution to our company, Huang Siyi is appointed to be promoted to our company's global vice president, in charge and promotion of our company's global Investment business."

With just a few lines of appointment letter, Huang Siyi is both happy and sad. What is happy is that he has been promoted. Sadly, this appointment letter still lacks Fang Zhe’s signature and the board’s seal!

"I'm wrong! What's wrong? What's wrong? Am I wrong?" Huang Siyi rehearsed the next dialogue between him and Fang Zong several times, but he found that he seemed not wrong. Does Fang always dislike him Almost lost face in their investment department?

With his dazed effort, Fang Zhe knocked on the table and said with a smile:

"Okay, don't froze, I plan to hold a four-innovation project competition of innovation, creativity, creation and entrepreneurship within our group worldwide. Your investment department will be responsible for it. If this is done, you will come to me again. signature!"

Sure enough, Huang Siyi understood in his heart that he did not offend Fang Zong. Fang Zong just found an excuse to pull his strong man!

It's really unbearable and unbearable, after all, the title of the global vice president is quite attractive to him!

Innovation, creativity, entrepreneurship, four projects competition?

Good guy, Mr. Fang's name is so cool!Huang Siyi was thinking wildly in his head, and at the same time wondering what Fang Zong's four creation contest meant.

"You go back and think about it first, and when you know it, come find me!" Fang Zhe drove away Huang Siyi.

Fang Zhe wanted to organize such a four-innovation contest within the group, not a temporary intention, but a long-standing plan.

In the previous life, many well-known startup company founder teams basically had experience from BAT, and venture capitalists in the venture capital circle have always favored such people. Without them, those who can enter BAT are originally the elites in the same industry. Coupled with his work relationship at BAT, his entrepreneurial success rate is much higher than that of ordinary entrepreneurs.

This life is no exception. Although BAT is far less developed than the previous life due to the rise of Huizhong, the entrepreneurs who resigned from it are still the sweets of the venture capital circle.

As the domestic Internet industry, and even the world's leading Internet industry Huizhong, the quality and ability of employees are slightly better than BAT. Many employees who have left Huizhong to start businesses have become popular.

In the past few years, there have been more than 20 entrepreneurial projects invested by Huizhong alone, its founders or founding teams have worked in Huizhong, two of which were valued at more than US$1 billion Unicorn, Huizhong’s outstanding talents can be seen.