Financial freedom starts with smiling at life

Zuckerberg believed he could secure the services of Chinese AI genius Pang Ming in this talent war with Cook, adding another powerful member to Meta's Llama big model.

With a staggering salary of two hundred million US dollars, it's hard to find another company in Silicon Valley that can match it.

As long as Pang Ming nods, a $100 million annual salary and stock option award contract will be delivered to him immediately, bringing his annual income to $200 million, which is higher than the income of many professional managers in multinational corporations.

In China, this income would put someone at the level of a founding partner of a major company.

Zuckerberg doesn't believe anyone can resist such temptation.

Pang Ming is also a human being, and he also has desires for money and material things.

But to Zuckerberg's surprise, Chinese companies also offered him an annual salary of $100 million.

When Zuckerberg heard the news, his first thought was that Jack Ma, Pony Ma, Zhang Yiming, and other big names in the internet industry had stepped in.

Even with their help, Zuckerberg still found it somewhat unbelievable.

Because there has never been a similar talent introduction in the Chinese market.

To his utter shock, it wasn't these big companies poaching him, but rather a startup company.

He gained a new understanding of Chinese "startups".

From a normal perspective, startups simply cannot come up with that much money. Being able to maintain company operations and create products that are recognized by the market through financing is already a sign of a very promising unicorn.

One hundred million US dollars, or seven or eight hundred million RMB. Even for American startups, being able to raise that much money in the second or third round means the product is highly regarded by the capital market.

Moreover, this is especially true in the Chinese market, where capital activity is relatively low.

After Zuckerberg was surprised, he looked at the matter rationally and came to the conclusion that DeepVision Technology no longer belonged to the founding team. Either the investors had kicked the founders out, or the founding team had relinquished control of the company and become employees.

The investors behind it started to take over, preparing to pour money into developing artificial intelligence.

This investor must be a very powerful investment company.

AI is an extremely capital-intensive industry, especially for Chinese companies that need to purchase large quantities of high-performance computing chips.

The world's most powerful computing chip, capable of supporting the continuous learning of large models, is extremely expensive. This has caused Nvidia's market value to soar, and Jensen Huang's personal wealth to reach an all-time high.

The $100 million spent poaching talent is just the beginning; it's unknown how much more money will be burned into chip development later.

"Jiang! A young Chinese entrepreneur under 30? No! I simply can't believe it's true."

Zuckerberg was shocked once again after obtaining information about Lian Capital and Jiangbei City.

He actually controls a private equity fund with a scale of tens of billions.

And it's just one piece of his business empire.

"I must admit that I haven't been following news about entrepreneurs in their country for a long time."

The last person who impressed me was Jack Ma. Although I don't know what he's doing now, he is the most intelligent Chinese entrepreneur in my opinion.

Perhaps now I need to pay attention to this Mr. Jiang. He took such a big price to snatch the AI ​​genius from me, which caught me off guard and also made me admire his courage.

There's nothing more to say, guys. We have to accept that this was a failed talent acquisition strategy, even though we offered sufficiently tempting offers.

Zuckerberg expressed his regret in front of Llama's engineering team.

After lamenting the defeat, he couldn't help but mutter a few words of complaint: "This Jiang is too willing to spend money."

……

Apple headquarters.

CEO Cook's office.

"Boss, I regret to inform you that we made a huge mistake in our personnel work." After learning that Pang Ming had signed a contract with a Chinese company through a headhunting firm, Apple's Chief People Officer rushed to CEO Tim Cook's office to report the matter in person.

Cook guessed that HR had failed to retain Pang Ming.

"Okay, we've shown our sincerity. Even if we can keep someone like him in the short term, he might not stay at Apple in the long term. I can only say that I can't convince the board to give Pang Ming some equity incentives. You and I have both done our best."

"I wish him well, and I hope he can showcase his talent on Meta." Cook demonstrated his magnanimity.

"No, boss, Pang didn't sign with Meta. He chose to return to China and sign with a Chinese AI startup."

"Why?" Cook asked in shock.

His reaction was the same as Zuckerberg's when he heard the news.

Did the lure of two hundred million US dollars fail to sway Pang Ming?
"Do such saints really exist in the world? Or is it that his love for his country far surpasses his pursuit of personal ideals?" Cook exclaimed.

The last time I heard such shocking news was when those scientists chose to return to China to build nuclear weapons.

Is Pang Ming going to follow their path?
"He spent four or five years at Apple, and I've spoken with him several times. It seems I still don't know him well enough. I admire his dedication to his country."

Such a situation would never occur on our land.

"Boss, perhaps your guess is wrong."

Cook looked at the Chief Talent Officer with a puzzled expression.

"According to information we received from headhunting firms, this startup also offered an annual salary of $100 million."

"What?" Cook was instantly stunned.

He confirmed with the Chief Talent Officer again: "A Chinese entrepreneur offered Pang Ming an annual salary of one hundred million US dollars?"

The Chief Talent Officer nodded.

"Is it a startup?"

The Chief Talent Officer nodded again.

"No, this is not the Chinese company I know, nor is it the Chinese capital I know."

Cook believes he understands China quite well. Apple has a very high market share in China, and he has visited stores in China many times to learn about Chinese culture and interact with Chinese celebrities.

In his mind, Chinese companies and entrepreneurs could not possibly match the compensation offered by Zuckerberg.

It is far higher than the standards of China's talent market.

They prefer to talk to you about ideals and beliefs.

Offering an annual salary of 100 million US dollars or 700 to 800 million RMB to recruit a technical talent is unprecedented in Chinese business circles.

What Cook found even more unbelievable was that this company was burning through cash so readily, and it was still a startup.

"Who are the investors behind it?" Cook asked, almost blurting out who has so much money.
"Jiang Beicheng, a young entrepreneur."

"Jiangbei City?" Cook said he had no recollection of it and had never even heard of the name.

The Chief Talent Officer said, "Boss, this is some information we could find about Jiangbei City."

Judging from his resume, he has only been an entrepreneur for two years.

“Oh my god! I seem to be witnessing a commercial miracle in human history.” Cook exclaimed in shock, “Even Jobs’ legendary story is not as amazing as his.”

"On my next trip to China, I must meet with Mr. Jiang."

……

Jiang Beicheng, this young Chinese entrepreneur, has not appeared in the public eye in the United States, nor has he met with Zuckerberg, Cook, or any of those people.

By spending only a small amount of money to poach a genius, they have already attracted the attention of Silicon Valley tech circles and American business giants.

This is just the beginning. Pang Ming is only one of the people he recruited back to China. There are also six other people being prepared in full swing.

When the news of the "Seven Returnees" breaks, it will be shocking news for tech companies worldwide. (End of Chapter)