Financial freedom starts with smiling at life

Chapter 202 Entering the Capital Market, Targeting AI
Today's meeting was not long, but the meaning expressed by the boss was very profound and cannot be resolved in just a few words or a day or two.

Abandon the previous individual business model and implement a new systematic management model in the company.

There will definitely be various problems.

The management is a little worried.

Because the image that the North City Hotel has created in society is too perfect, any slight flaws may be magnified by people with ulterior motives and cause social controversy.

To be honest, the pressure on management is huge.

When the boss gives an order, they will be hesitant when it comes to implementing it.

Jiang Beicheng noticed the change in the management's expressions and the atmosphere in the conference room became quiet. He smiled to liven up the atmosphere and gave everyone an example.

Take the example of Pang Donglai, the leader in supermarkets, who are often accused of counterfeiting and required to pay compensation, to prove that making mistakes is not scary, but the attitude and solution after making mistakes are very important.

“There is still plenty of time left for you. I do not ask you to make drastic reforms or to achieve immediate results.

Thinking is integrated. Once your thinking is clear, you will make fewer mistakes if you proceed step by step.

As I just said, making mistakes is not scary, but the attitude and method of solving problems are very important.

That's it for today.

If management has any questions, they can always discuss with me.”

Jiang Beicheng stood up, took his notebook and left the meeting.

After the meeting at 3:30, it was not yet the evening rush hour for restaurants, so Jiang Beicheng was not in a hurry to check on the stores. Instead, he went to Lian Capital in the financial center to check on the company's preparation progress.

Lian Capital is a private equity fund jointly established by Jiangbeicheng and Hailin.

The registered capital is 5000 million.

Funds withdrawn by Jiangbei City from the system's special investment fund.

He invested 90% of the shares in cash.

Hailin joined as a partner and holds a 10% stake.

Hailin originally proposed only 5% of the shares, thinking that with his abilities and connections... 5% would be enough if he invested in the shares.

But Jiang Beicheng thinks his market value is worth 10%.

Another important reason is that private equity funds need to raise funds from the society. The idle capital in the society is handed over to you for management, perhaps only seeking dividends, but the money of capital companies, enterprises and institutions... given to you is considered an investment, which will dilute your shares.

If a capital pool wants to expand, it must release equity and attract capable investors or partners.

If Hailin is only given 5% of the shares, they will soon be diluted and there will be very little left, and Hailin will become a complete employee.

You still have to take proper care of your "father-in-law".

We also hope that Uncle Hailin can recover from the major setbacks in the bank and make great strides in the capital market.

After Lian Capital starts to operate normally, Jiang Beicheng will go to Singapore to establish an investment company, invest in Lian Capital, optimize the equity structure, and take absolute voting rights into his own hands.

The reason for setting up an investment company in Singapore is to leverage Singapore's advantages as a financial transit station, safely transfer funds in the system, and allow them to flow freely in foreign financial markets.

Make plans for long-term global layout.

In addition, it is convenient to conceal one's personal wealth.

At the same time, you can obtain permanent residency in Singapore.

It has little to do with the tax-saving goals pursued by other entrepreneurs and wealthy people.

The catering industry is Jiang Beicheng's favorite industry. He has injected passion into it and does it with his heart.

Entering the capital market and establishing a private equity fund is Jiangbei City's way to climb up and gain power and status.

To put it bluntly, you need a more eye-catching "identity".

Hailin came back early after the Chinese New Year to make deployments.

Registered the company and rented an office building.

Personnel recruitment is also being carried out simultaneously.

People who have been leaders have very strong decision-making and execution capabilities.

The speed was much faster than Jiang Beicheng had expected.

"Uncle Hailin!" Jiang Beicheng walked around the company and pushed open Hailin's office. The office hadn't been renovated yet, and it still had the tables and chairs left by the previous tenants. After a quick tidy up, Hailin began to work.

It can be seen that he is eager to prove himself this time.

Jiangnan City Commercial Bank had wronged him greatly, and he was holding his breath.

"Beicheng, the renovations will start tomorrow. Let's find a teahouse to sit down and chat." Hailin came forward and invited.

The two went downstairs.

Go sit in a teahouse.

The tea artist brewed the tea, poured tea for the two of them, and then left.

Jiang Beicheng and Hailin had an in-depth discussion on the market positioning of Lian Capital.

From the traditional understanding of private equity, Lian Capital belongs to the PE operating model, that is, a private equity fund, targeting companies in the late growth stage or mature stage, providing financing, equity restructuring, mergers and acquisitions... and other capital operations.

It is relatively stable, but the rate of return is relatively low.

What Jiang Beicheng and Hailin mentioned today was the broad concept of private equity.

This includes VC, or venture capital.

In today's capital market, VC and PE are no longer viewed as opposites.

The vast majority of private funds are engaged in VC business.

This is equivalent to VC being integrated into the scope of PE.

Because most investments in the venture capital market are raised through private placement.

Private equity funds also act as angel investors and play a vital role in the VC market.

"In addition to engaging in traditional PE business, IPO investment, listed company refinancing, secondary market investment...Lian Capital also needs to focus on VC and angel investment." Jiang Beicheng expressed his views and expectations.

Highly and comprehensively covers the investment areas of the capital market.

Hailin and Jiang Beicheng agreed with each other.

Lian Capital wants to become bigger and stronger. In addition to raising funds to expand the scale of fund management, it also needs to use the money well to earn a high rate of return.

That is chasing the trend.

VC is the best representative of the wind direction.

In addition to market positioning, Jiang Beicheng also discussed with Hailin the current investment areas that are beneficial to start-ups.

It is difficult for Lian to participate in the mature capital game now. Even if he participates, the end result may be that he will be eaten by the big fish. The best result is to get some leftovers.

Therefore, we must grasp the investment projects.

Hailin mentioned new energy.

Jiangbei City is not optimistic about this. After the real estate downturn, new energy vehicles have become a new growth point of the domestic economy and are booming, but the first half of the electrification game in this trend has ended.

If they enter the market now, it is too late and extremely expensive.

Even if you are eyeing this market, you should also aim for its second half of intelligent games.

Actually it is artificial intelligence and semiconductors.

If new energy vehicles are the domestic industrial revolution, then artificial intelligence is the world's technological revolution.

Now we have a unique advantage in entering the field of artificial intelligence, and the myth of Open-AI's super large model has been shattered.

The rise of the domestic large-model deepseek overturned the high-computing-power large-model route and also pulled Nvidia down from the throne of high-computing-power chips.

The second half of AI competition begins to focus on algorithms

In fact, domestic AI companies began to abandon the path of large-scale models at the trillion and trillion level in the past two years. On the one hand, it was because they could not buy high-computing power chips due to sanctions, and on the other hand, they were looking for opportunities to overtake on the curve.

At first, I thought that by leveraging the advantages of urban big data in digital cities and taking the route of small models, we could empower the industry and overtake others.

The emergence of deepseek has given new inspiration to the domestic artificial intelligence industry, and further research is needed from the algorithm perspective.

It can be predicted that a large number of AI startups focusing on algorithms will be born in the startup market, and the VC market is ready to move. For Lian, this is a great opportunity to enter the AI ​​industry.

(End of this chapter)