Chapter 471 Venture Capital Firm
As Ye Ran brought the baby bottle to the baby's mouth, she said, "Didn't I say a while ago that I wanted to start a venture capital firm?"
We've been busy with this lately, but venture capital firms are a little different from other companies; their registered owners must be at least two people.
The company must also have sufficient working capital, employees, and equipment. After all the conditions are met, there is still a period of review before approval can be granted.
So during this period, besides raising funds, we were also busy recruiting and getting approved.
After listening, Yan Xiu'er asked in surprise, "Does this venture capital firm really need to invest such a large amount?"
Ye Ran nodded, "Yes, because venture capital firms mainly focus on investment. If they don't have enough funds, they're not qualified."
Yan Xiu'er couldn't help but click her tongue, "It seems that this thing could easily lead to huge losses if we're not careful."
Ye Ran smiled and said, "That's right. Otherwise, why would it be called a venture capital firm? Doing this kind of work involves both high risk and high reward, so it's a job that requires extra caution."
Yan Xiu'er exclaimed in admiration, "Then the employees you hire must be exceptionally capable."
Speaking of this, Ye Ran couldn't help but laugh, "This needs to be explained properly. The employees we recruited are all very influential people."
They are mostly veteran analysts who have worked at major venture capital firms for many years. Recruiting them was the most difficult thing for us.
Besides their keen insight, each of them also has their own network of connections, so once the company is established, it can basically start operating normally.
Yan Xiu'er couldn't help but say happily, "That's great! But, Mom still has to remind you, these kinds of clever people are usually hard to control. You have to keep a close eye on them, otherwise, if one of them does something bad, it could lead to countless losses!"
Ye Ran's smile faded slightly. "That's for sure. It was clearly stated in the contract we signed that if there were any unrealistic investments, they would have to bear the losses themselves."
Yan Xiu'er asked in confusion, "With such stringent conditions, why did they still accept your invitation?"
"Didn't I say that this industry is both high-risk and high-reward? These people are all experienced venture capitalists, and they are quite proud of their abilities."
The condition I offered them for switching jobs this time was that as long as they achieved a huge return, I would give them the best commission based on the ratio of investment to return.
Right now, whether it's Wall Street or anywhere else, there aren't many people who can offer me these terms, so of course they'll agree.
Yan Xiu'er nodded repeatedly, "It seems these people are all bold investors!"
Ye Ran couldn't help but laugh when she heard this. "Of course. In fact, everyone is a venture capitalist, because we can't predict the outcome of every decision we make, can we?"
It's just that venture capitalists need to be a bit bolder than the average person, and that's their job.
Yan Xiu'er wholeheartedly agreed, "That's true, just like when I married your father, I couldn't see any future for myself either."
Ye Ran was overjoyed, "Then your investment has been a great success! You've received such a huge return."
Although Yan Xiu'er agreed with this statement in her heart, she couldn't help but say something contrary to her true feelings, "No way! I only got a lot of anger out of it! Let me tell you, when your dad was young..."
While Yan Xiu'er was complaining to her daughter-in-law about Lu Ting, Lu Ting, who was far away in Beijing, seemed to sense something and sneezed several times in a row.
Seeing Lu Ting's face turn red, his colleagues burst into laughter. "What's wrong? Lu Ting, do you have a cold or is your wife missing you?"
"I guess it's your sister-in-law who's missing you, right? You two have always been inseparable, so being separated for so long this time must be hard for you to get used to, right?"
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