Chapter 368 It’s Silicon Valley’s turn to copy and paste

Chapter 368 It’s Silicon Valley’s turn to copy and paste

"The approximate magnitude is only about 1 billion, which is still close to 1 billion. The unit is RMB, which is only 200 million when converted into US dollars."

Compared with the US dollar, the RMB has continued to appreciate over the past five years.

To be precise, all major currencies have appreciated against the US dollar, but the rise in the RMB has been particularly strong. If the industrial upgrading had not been fruitful, the negative effects of the appreciation of the RMB on the foreign trade industry would have dragged down the entire Chinese economy.

"Mainly, I paid a huge price when I transferred my money to the Lion City. I have still lost a lot in the Lion City these years."

For the rich, especially those from China, the financial supervision in the Lion City is not friendly to them.

The Lion City is not as self-media said, with low tax rates, loose supervision and high degree of freedom.

Starting from 23 years ago, the financial supervision in the Lion City has become increasingly strict.

Rich people like Lin Qinghua, who established a family office in the Lion City very early, have a deep understanding of this.

In the past, family offices were only listed, and most of the time the funds were actually sitting on the books of banks in the Lion City earning interest, with private banks in the Lion City doing the asset allocation on their behalf. Family offices are more of a guise in name only, but they actually put assets in large banks in the Lion City.

But starting from the end of 2023, the Lion City began to clean up family offices, requiring at least 10% or 10 million lion yuan, equivalent to 50 million RMB, of family offices' managed assets to be invested in local projects.

Why is it a family office? This is because in the past it was very simple to transfer money to the Lion City through family offices. The most basic method was to set up a family office with no actual operations to purchase false non-existent services and use multiple empty shells. The company transfers money in and out, and the money is transferred overseas and then returned to Singapore; or it sets up multiple third-party accounts and divides the large money into small amounts. Each amount is lower than the prescribed declaration limit. Frequent and rapid transfers make the company Money is transferred layer by layer and dispersed into different channels, making it more difficult to trace the source of funds.

Why is the art auction industry in Xiangjiang so popular? Because art auctions are a good way.

The total annual art auction volume in Hong Kong is second only to New York and London, and even on par with London.

But no matter what method you use, there are costs for sending funds overseas. There are costs for art film auctions, there are costs for digital currencies, and even small decentralized remittances also have costs.

In the Lion City itself, after regulations are tightened, money cannot be left in the bank to earn dead interest, you have to operate it.

There are very few Chinese tycoons who have the energy and ability to manage their money well in the Lion City.

Obviously, Lin Qinghua did not have this ability. He estimated that he had calculated that he had lost at least 30% of the money he had remitted. This was because he had done it early. If he had remitted it after 18 years, the cost would have been at least 30%. Increase it by another 50%. If it is remitted after 23 years, the cost will increase by 100%.

Because after 23 years, Lion City Bank began to conduct a detailed review of the accounts and capital flows of all wealthy people, including family offices, trust funds, stocks, securities, digital currencies, company accounts, personal accounts, etc., and all related interests. All must be penetrated to reach the final beneficiary.

The objects that are randomly checked need to have detailed explanations of all transaction flows and the status of each payment.

When wealthy people remit money from accounts under their own names in Hong Kong to the Lion City and then transfer it to England, the bank immediately calls to question them.

"Oh, I don't understand. Didn't Xiangjiang issue the "Declaration on the Development of Home Office Business in Xiangjiang" in 2023? At that time, I asked you to transfer the money back to Xiangjiang." Lin Jia felt helpless after hearing this , 1 billion RMB is not a small number.

What these wealthy people are worried about is that the turmoil in the Lion City will lead to the depreciation of the Lion Dollar, and their assets in Hong Kong will also depreciate accordingly.

The most typical one is the plummeting ruble in 2022.

“Alas, at that time I was still thinking of diversifying my assets.

What your brother is saying is that it is better to use the money to set up a venture capital company in Silicon Valley. "Lin Qinghua said in a low voice, taking a look at Lin Jia's face.

Lin Jia's expression suddenly changed, because this was the reason for her return to Hangzhou.

Because recently she learned the news that her half-brother was engaged in some venture capital brokerage business in Silicon Valley under her banner.

"Hmph, do you know what good things your good son has done recently?" Lin Jia's expression suddenly became cold, and then she looked at her stunned father's gray hair, and couldn't help but feel soft. She sighed:

"Alas, he recently used my name to help some venture capital institutions invest in some commercial aerospace companies in Silicon Valley."

In the past fifteen years, commercial aerospace investment has soared. In 2012, the total investment in commercial aerospace in the United States was only a negligible US$300 million. By 2022, this number has soared to more than US$10 billion, and by 2026, this number is rapidly increasing. Close to $100 billion.

The existence of Light Armor Aerospace and SpaceX has stimulated the influx of funds into the commercial aerospace field. Everyone is committed to discovering the next Nvidia and is willing to grow with great companies.

In the past, when money was scarce, no matter who your investor was, you could get the corresponding shares as long as you gave money.

In addition to not taking Chinese capital, Silicon Valley's commercial aerospace agencies have no taboos.

But now that there is more money on the market, commercial aerospace agencies in Silicon Valley have become picky, especially aerospace agencies with obvious commercial prospects. They are even more picky and look down on many venture capital institutions founded in their own names. , and more hope to be favored by Silicon Valley capital or venture capitalists with NASA work background.

Against this background, as the White House allowed Guangjia Aerospace to enter the American market, Lin Jia's half-brother Lin Kai began to do some business as a venture capital broker.

In the name of Lin Jia, we are cooperating with Silicon Valley venture capital. When discussing investment with these commercial aerospace institutions, Silicon Valley Venture Capital said that our partners are related to Guangjia Aerospace and can help you cooperate with Guangjia Aerospace.

If Lin Kai's identity is just the son of a Chinese real estate developer, it is obviously not attractive to Amerikan Capital. Now that he has passed the era of real estate boom, his identity as Wright's brother-in-law obviously makes him unfavorable in commercial aerospace venture capital. .

What's more, Lin Kai often boasts about Haikou, saying that he can help them negotiate cooperation with Guangjia Aerospace.

For example, RelativelySpace, which specializes in 3D printing technology to produce rockets, raised US$650 million as early as 2021, and planned to raise another US$1 billion at a valuation of US$10 billion in the first half of this year.

In the process, Lin Kai’s matchmaking helped LuxCaptial, which had no chance, obtain investment quota.

While Lin Kai earns commissions from this, it is Lin Jia's reputation that is overdrawn.

Lin Qinghua sighed repeatedly after listening.

Lin Kai thought that he was doing this kind of business in Silicon Valley, and Lin Jia wouldn’t know about it. After all, Lin Jia couldn’t go to America.

But obviously, he underestimated the extent of Lin Jia's information sources. Lin Jia knew about the first business he made.

On the way back to Hangzhou, Lin Jia felt that his anger level was almost full. Even if it disappeared now, it was because he was in front of Lin Qinghua.

"To be fair, let's put aside his identity. This is subjective commercial fraud.

It is possible that what he told the Silicon Valley Venture Capital Institution was true, that I am Lin Jia’s biological brother, and then gave the other party a hint, and then the Silicon Valley Venture Capital took this hint further during the negotiation process with the commercial aerospace institution. enlarge.

It seems that after accepting the investment, he can bring the other party to cooperate with Guangjia Aerospace and connect them. Regardless of whether he gave this information directly or let the other party read this information through hints, this is commercial fraud.

Are you in charge or am I in charge? If I were in charge, would I send him in for commercial fraud?

This fully complies with the criteria for conviction of commercial fraud. By fabricating facts and concealing the truth, he caused others to fall into wrong judgment and ultimately obtained improper gains.

As far as I know, he received US$500,000 in remuneration for one business deal, far exceeding the 3,000 RMB standard for conviction. ”

Lin Jia felt his blood pressure soaring, and Lin Qinghua quickly said: "I'll take care of it, I'll take care of it.

I'll tell him to stop doing that. ”

Lin Jia raised his forehead and said: "Sometimes you have to give a lesson.

He thought that he and the venture capital were operating in Silicon Valley. I didn't know. In fact, as soon as the venture capital completed the investment, the person in charge of their Yanjing office contacted me to sell him.

The society is evil, how dare you get involved with Americen Capital with your IQ and self-righteousness? "Lin Jia's words were harsh, "This time he said he wanted to transfer the money from the Lion City to Silicon Valley to set up a venture capital institution, and then he would be the operator, right? ”

Lin Qinghua murmured: "He did mention that he had many connections there and could consider investing in some good projects.

I thought it was because he studied abroad at Amerikan before, and the friends he made there allowed him to obtain investment opportunities. After all, there are indeed many opportunities in the commercial aerospace field, and everyone is paying attention to this field.

With the competition between Guangjia Aerospace and SpaceX, there will be many investment opportunities for a long time to come.

After I mentioned it, people from the Zhejiang Chamber of Commerce were willing to take a share. ”

Lin Jia was speechless: "Don't you know what those people from the Chamber of Commerce have in mind?

They think you have some way out. Guangjia Aerospace knows that there are some good investment projects in Silicon Valley that are difficult to invest by yourself, so I want you to invest on my behalf.

Based on the success rate of Guangjia Aerospace’s past investments in the upstream and downstream of China’s commercial aerospace industry chain, what is the difference between investing in similar projects in Silicon Valley and making money?

They think they are just picking up money.

Isn’t this also about taking a ride on Guangjia Aerospace?

But the question is, have you ever thought about the meaning behind investment? If the supervision in the Lion City is so strict, wouldn’t Amerikan be stricter as well?

Can America not know that you are my father? People from the Chamber of Commerce can think of this level, can't Amerikan's supervision also think of it?

When the time comes, it will be honest to find a name for you to confiscate your assets. "Lin Jia thinks Lin Qinghua is naive enough.

Amerikan gave Ameliken a good look, thinking that he could go to Ameliken to invest in their high-end manufacturing industry.

Even if Jack Ma can go, Lin Qinghua will definitely not be able to eat this cake.

Lin Jia then said: "Take care of Lin Kai. If he does this business again, I won't be able to do it by sending him in.

If the money from the Lion City should be transferred back to Xiangjiang, it should be transferred back to Xiangjiang. In our current status, we are still thinking about going to America.

Light Armor Aerospace has never even been considered for investment by European commercial aerospace companies. There are also some good teams and good projects in Europe, but we have never considered it.

We only consider China. Don’t we know that there are some good projects abroad, and investment will definitely make money?

Even if the general trend is easing, light armor aerospace is still too dazzling. ”

“In the final analysis, Light Armor Aerospace is too dazzling, which has led to Silicon Valley venture capital investors wanting to dig out a second Light Armor Aerospace or a second SpaceX.

Nowadays, in commercial aerospace institutions in Silicon Valley, Ph.D.s in Chinese aerospace majors are becoming more and more popular. Any team of Chinese Ph.D.s with successful project experience can easily obtain millions of dollars in investment in Silicon Valley.

The level of madness is almost the same as China’s chip industry 18 years later.

Both Silicon Valley and Wall Street were stimulated by the Earth-Moon Malacca Strait called out by Guangjia Aerospace. "Xiao Wang and Lin Kai were chatting in Hangzhou.

The reason why Lin Kai had such an opportunity was because Xiao Wang helped introduce him. After all, in those days at Ganpus Capital, he still knew many of his colleagues from Amerikan.

Although Lin Kai works in his own company, and Lin Qinghua provides the garage, after all, he is earning a dead salary and playing with Xiao Wang and other rich second generations, so he obviously does not have much money.

It was easy to impress him with the business of bringing in a lot of dollars as a broker.

"The problem is that we don't have the ability to distinguish. I don't dare to run to Amerikan. If I run there and get arrested, my sister will definitely not save me. She wishes I could be locked up there for the rest of my life." Lin Kai said, " Without going, how can we judge whether the commercial space agency in Silicon Valley has any future? ”

"Of course it is the professionals over there who are responsible for the judgment.

Do you know what we need to do now?

You still don't get it.

What we need to do now is to find companies in China that can compete with Americen. Guangjia Aerospace has invested in more than 300 companies in China, and many of these 300 companies have already been listed.

In the past, Amerikan's commercial aerospace industry took the route of large rockets and recyclable technology. Light Armor Aerospace told them that there is another way to go. They can add transfer stations between the earth and the moon to connect point-to-point Travel becomes point to point and point to point.

This will reduce the requirements for rocket carrying capacity.

The technical route of Light Armor Aerospace has been completed. Even from a competitive perspective, Amerikan will keep up with this technical route in the future.

Then we only need to find the corresponding companies in Silicon Valley to invest, so that we can make a profit without losing money.

Just like in the past Internet era, some companies in Silicon Valley will have reference points in China. In the current commercial aerospace era, all Chinese-owned companies will have reference points in Silicon Valley.

What we need to do is to find a reference object, and then rely on your sister's information gap to invest in a valuable reference object.

Within Guangjia Aerospace, there must be an importance rating for these investment targets and internal technical evaluation data. All you need to do is get this information.

How can you make more money as a broker than by investing on your own? ”

(End of chapter)