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Chapter 48

Although the sparrow is small, it has all the internal organs.

Tamsui Fund Company has only a few people and has formed the necessary personnel structure for a fund company, including an external law firm and a well-known accounting firm PricewaterhouseCoopers, who will provide assistance to Ye Dongqing for a fee.

Currently wandering on the edge between crime and not crime, many operations violate the legal requirements set by regulatory agencies. Running a legitimate company is different from before. Ye Dongqing is still learning to abide by the law, and always feels like he is bound invisibly, making him feel uncomfortable.

Fortunately, there are many companies on Wall Street and the scale of Tamsui Fund is small, leaving him with some room for flexibility. As long as the pit is filled in in time, there will be no big mess.

In three consecutive days, nearly $400,000 was spent on purchasing various prizes, bringing more than $6 million in investment and more than 240 customers. These numbers are still increasing. Some choose to give up, while more people are struggling with whether to increase investment.

There are also more than 400 potential customers in total. Ye Dongqing plans to make two follow-up calls to them to raise more funds for management. At the same time, she brings Ms. Vigo to the door in person, and she will preside over it. She will assist herself, try to contact the rich people in the Chinese circle in New York and increase the dividend rate to 8%.

About one out of every three people would be interested, with an investment amount ranging from 100,000 to 400,000 US dollars. A rich second-generation who runs a chain of restaurants invested 700,000 US dollars at one time.

In this busy state of small-scale fun, Tamsui Fund has managed tens of millions of dollars and has become famous. A small number of customers call or come directly to seek this high-return financial product.

Miss Laura was surprised by the growth rate of the amount. Considering the low-risk and high-yield prospects promised to customers, it is not surprising that they are willing to invest money. In the eyes of Carnike, Ms. Vigo and others, it should be surprising that only millions of dollars were raised.

It is normal to replace the name of the freshwater fund with "Schroeder" or "Merry Lynch" and let them issue similar products at a rate of 7 to 8% return and raise tens of billions of dollars in a few days, because investors are willing to believe in these strong companies.

Large fund companies are picky about investors and set a series of thresholds, such as verifying assets, placing the starting investment amount, agreeing on redemption period, etc., while investors are very picky about small fund companies, mainly because they are worried about their credibility and ability.

Reputation cannot be achieved quickly, and it takes time to accumulate slowly. After the first batch of investors successfully get the money next year, they are probably going to be truly relieved and attract more customers to invest.

This made Ye Dongqing have the idea of ​​launching short-term financial products, such as paying 2% dividends in a quarter, and appropriately increasing commissions is similar to the price paid by one-year financial products, but it can speed up the growth of customers' scale, provided that perfect performance is always guaranteed, cash flow will be under pressure, and the risks are within an acceptable range.

Such ideas lingered in my mind, so Ye Dongqing decisively implemented this plan, and the types of financial products of Tamsui Fund have expanded to... two types.

Other fund managers are not confident of winning and like to spread risks across the net. After analyzing the recent financial report disclosed by Amazon, he put more than half of the chips on this company, investing a total of 7 million US dollars, and the remaining money was invested in another Internet company, named Netflix, which is mainly engaged in the online video rental industry.

It was used by Ye Dongqing to share risks and resolve internal conflicts in the company. The average purchase price is three dollars and eighty cents per share. If you buy it at the end of last month, it will only cost about two dollars and seventy cents, and buy nearly 3.45 million US dollars in total, and hold one million US dollars in government bonds.

Yes, there was some minor trouble within the Tamsui Fund, and Ye Dongqing also bought the US Treasury bonds with a poor yield. This is his compromise with conservative employees. No one agreed to bet all the chips on Amazon.

He knew that the company was destined to have a good prospect, but others didn't know that in the eyes of these old employees, Ye Dongqing's investment method was too radical and had huge risks.

Although he is the owner of Tamsui Fund, in order to avoid being "justified" by a timid employee and expose his illegal operations, Ye Dongqing felt it was necessary to compromise with each other and become tougher after he achieved some results and conquered these people.

In any case, Tamsui Fund Company has slowly gotten on the right track and has begun to try to set up subordinate investment departments to prepare for investment in Facebook. It has just spent money to ask someone to register for domain names, and also rented a small warehouse as a temporary office.

On November 6th, he interviewed in a cafe on Wall Street. He first recruited supervisors and then asked supervisors to select capable programmers. He didn't know much, but only knew a general development direction. Professional matters must be left to professionals to handle...

*********************

Life is very fulfilling, not busy, and there are many messy things.

It seems that the information industry has really started to recover. Nasdaq has risen for four consecutive days, and Amazon's stock price has quickly risen by 29%. It can only be said that Ye Dongqing is very lucky. After seizing this small fluctuation, the stock price of Netflix also rose by 21 percentage points.

In his opinion, this is more like a rebound after bottoming out. The transaction volume of the entire Nasdaq Internet industry is still not much. I first cut some meat and filled in the pit on the books, and then dropped the car loan and paid off the final payment of the company. Otherwise, I would always be thinking about it.

With two companies under his command, FB is just an empty stand. On average, Tamsui Fund can get about $600,000 in investment funds every day, and more than $4 million is on the books. He plans to wait and see for a week before making a decision.

The short-term rise is too fierce, so fierce that it makes people feel panicked. This behavior is abnormal, it looks like a trapped stockholder, and institutions are struggling to survive, and there is not much inflow of funds. Amazon is even in a net outflow situation.

So the trader cleared 80% of Amazon stocks. Netflix was supported by good news, and he was left behind. In the next two days, Amazon's stock price plunged by one-third, falling to $12.37 at a low of $1.37, perfectly avoiding a big pit and continuing to buy in full positions.

After a while, I made more than two million US dollars. According to the agreed dividend, based on the current funding scale, I only need to distribute about one million US dollars to the customers in a year. I must have made a profit, and there must be a celebration banquet.

On November 9th, Tamsui Fund finally welcomed a big customer.
Chapter completed!
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