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Chapter 2068 autonomy

Damon suddenly felt a little confused.

This has never happened to him in his more than 20 years of experience.

Facing the meteoric rise of Bitcoin, he was confused and didn't know what use he had learned.

He seemed to be completely unable to do anything.

Qin Feng was stunned for a moment, and when he thought about it carefully, it seemed that the biggest role of this number one person in the king's reign was to promote the listing of Bitcoin.

After this product is put on the market, it seems that it is really useless. But it is not okay for such a talent to be wasted like this.

It's a pity.

"Let's do this!" Qin Feng thought for a while, "Dimon, look at this. You should still keep an eye on Bitcoin. After all, Wall Street's methods may cause some trouble. Besides,

I will use another sum of money to set up an investment bank, and you will be the CEO."

"In this way, I can use my talents." Dimon nodded, "But in that case, we may face competition from Wall Street."

"Don't be afraid of competition. Anyway, we are the ones who spend money, so we are not afraid of competition!" Qin Feng looked indifferent.

Dai Meng looked at Qin Feng's confident face and thought for a while, but did not say the words that came to his lips.

This kind of competition is not fair competition.

Qin Feng originally had a quarrel with the person from Morgan, and now he sets up an investment bank and enters Wall Street. At that time, the other party may set up a trap specifically for Qin Feng to take advantage of.

This is not an alarmist statement, but it is very possible.

When the time comes, he will assume the role of CEO of this investment bank, and his responsibilities will be huge. This challenge will definitely be full of challenges.

But for him, he is not afraid.

If there is no challenge, why do you want to be an investment banker?

"Okay, then it's settled. How much are you prepared to invest?" Dimon asked curiously, "100 million or 200 million?"

Dai Meng knew how much money Qin Feng had in his hands.

Previously, when stock investor Warren Buffett acquired 20% of Qin Heavy Industries' shares, Qin Feng had a lot of money in his hands. Although he gave Facebook 500 million US dollars for development, he still had more than 500 million in hand.

Coupled with Nokia's upcoming quarterly dividend, Qin Feng has a lot of money in his hands.

One or two hundred million US dollars is not a big number for Qin Feng.

"$500 million!" Qin Feng opened his hand and slapped him.

"So many!" Damon was shocked.

"That's only 500 million! Not much, not much!" Qin Feng shook his head.

US$500 million is not much, but if you actually invest all your current wealth, it is a bit much. Moreover, investment banks are not saying that it must be several hundred million.

Although it is said that investment banks are the ones who spend money, a few million US dollars in start-up capital is enough. Of course, considering his identity as Dimon, at least 50 million US dollars will allow him to control it.

If it’s too little, then he’s not a CEO? He’s an investment broker.

But Qin Feng invested so much? Then you really believe in him.

"Hey, you don't need to doubt people, but you don't need to doubt people when you employ them!" Qin Feng said with a grin.

Damon smiled and shook his head.

Being able to be trusted like this by his own sponsor is very useful to Dimon.

In this way, what will he do in the future? He will be able to let go of his fists.

Soon, Qin Feng’s investment bank was established.

The registered capital is US$500 million. Qin Feng is the sole equity holder. Dimon serves as CEO and does not hold any shares.

However, for all future profitable investments, Dimon will receive a 20% profit share.

To put it simply, Dimon has 20% equity income distribution. Equity income distribution of the entire company? But it does not have equity. In the future? If Qin Feng sells the company, Dimon will not get a penny.

However, as long as the company still exists? As long as it still makes money? Then Dimon can get 20% of the revenue share every year.

This is also the feedback Qin Feng gave to Damon.

Dimon naturally has no objection to this.

In particular, Qin Feng also gave him absolute autonomy.

Qin Feng doesn't care about the entire company, including what investments to make, when to invest, and how to invest.

To put it simply, this 500 million U.S. dollars is the money on the company's account. Dimon can spend it however he wants. It is no problem to invest 500 million U.S. dollars at a time. Qin Feng will never ask questions.

How could Dimon not like such a large amount of autonomy?

As the former number one person under the King of Wall Street, although he has great power and a high position, he is only the number one person under the King after all.

There is a president above, and there is a board of directors above the president. His authority is very high, but at the same time it is very small.

But now, Qin Feng gives him complete autonomy.

This is what he wants.

"Boss, don't worry. Within one year, I can't guarantee how much profit your investment will make, and it may even be a loss. But within five years, I can double it!" Dimon is full of confidence.

US$500 million turned into US$1 billion in five years, which is already an amazing return on investment.

Of course, this is where Dimon is more conservative.

In fact, if the investment is successful, it is very likely that the return will be dozens of times higher. This is not impossible.

However, there are risks in this investment, so Dimon naturally cannot speak too highly, and must always leave some room.

He can definitely doubling it in five years.

For him, 20% of the US$500 million income is US$100 million.

The additional revenue this year alone exceeded 20 million US dollars. This is very high.

What's more, he still has a normal annual salary.

Dimon left with endless fighting spirit and vision for the future. He will stay on Wall Street and invest according to his own will.

Qin Feng looked at his account and saw that there was only more than 18 million US dollars left.

The money was gone in no time.

Fortunately, Qin Feng doesn't need to spend much money now.

You have spent money where you should. All you have to do is wait for the money to enter your pocket.

Of course, now is the time for Qin Feng to continue his layout.

As for Internet companies, Qin Feng feels that it’s almost done.

Apple itself is a major shareholder, Google is also a major shareholder, and FACEBOOK is its own. Except for Amazon, Qin Feng cannot enter at all. But in China, its own Jingdong has also begun to fully distribute products.

At that time, I won’t have to worry about not having a say in e-commerce channels.

What else is there in the future?

An Uber, in China it is Didi, which is a taxi-hailing software. But for this, we need to wait for smartphones to be launched.

Then, there is Tik Tok, also known as Douyin. This also requires a smartphone.

The rest are just games and the like.

Basically, Qin Feng has nothing to worry about.

In the future, I will completely control the social media, online shopping, smartphones, search engines and other markets, so I don’t need to worry about anything in this regard.

The only thing that keeps Qin Feng on his back is the oppression of the privileged class.

From this point of view, no matter how much money you make, you are just making it for others.

Once someone downloads a file, you're done.

This is what Qin Feng wants to avoid.
Chapter completed!
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