City: From Inheriting a Courtyard To a Giant - Chapter 656

Qin Yan didn’t expect that Jill: Foster was interested in his seedling fund, and he thought that people in North America didn’t know about this fund at all.

It can be seen with my own eyes that what North Americans care about is their own Hongmeng Entertainment and I

eChat, and its own growing virtual valuation. The most famous ones are Hongmeng Technology and Hongmeng E-commerce. ,

The “He Miao Fund” is an angel fund specially set up by Qin Yan for young people in the Tang Dynasty, and it went online in March. And after more than 4 months of development, tens of thousands of college students have applied for this fund, and a total of 8 payments have been issued, totaling 49.8 billion Tang yuan. _

All the money will be used to realize the dreams of these young people.

Of course, as the owner of the angel fund, Qin Yan wanted to take part of the shares of these young people Fen Xiang. Not much, only 20%_quite king of angel investment

up.

Every month, relevant financial personnel are responsible for checking the accounts to ensure that this “dream fund” will not be misappropriated. In addition, Chang’e also separated a subroutine to monitor all the movements of the fund.

It stands to reason that people from North America. It shouldn’t be too small to pay attention to this little thing. _

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Chapter 537 Form a cooperation! Foundation named after Qin Yan (2/7)

Seeing Qin Yan’s surprised expression, Jill Foster said seriously,

“In my opinion, the greatest product invented by Mr. Qin is not YeeChat_ not Weibo, but Hemiao Fund.

I think this business model is really meaningful and shocking. Although in reality it is still a kind of venture capital fund, it is based on the premise of realizing the dreams of many young people, and it is based on the Internet as the Carrier, this mod is pretty awesome.

So I think it is entirely possible to open the “He Miao Fund North America Station”. Let more young people benefit from it. “

Qin Yan thought for a while and said,

“Principal Foster, do you think college students in North America are willing to share their dreams with the Hemiao Foundation?

Although the original intention of He Miao Fund was established. Is for _ “without additional qualifications” contribution. Funding for young people. Incubating your own projects.

But seriously… this is still a business. “

“Of course I would.”

Gil Foster said seriously

“You may think that North America has a developed economy and education is also developed, so college students in North America don’t need to look for opportunities outside like Tang Guotai’s students.

But in fact25 in North America there are

Money and people are only a minority. Many college students generally borrow money to go to school, and they have already been burdened with huge bank debts before they graduate.

What’s more, the North American education system has long been commercialized. Too many schools are private universities. Tuition fees are very expensive, and tens of thousands of dollars are needed for year z.

The vast majority of education in the country is in public universities. The average annual tuition fee does not exceed $1,000.

The contrast between the two is astonishing. “

Jill: Foster sighed and said, – “Among the college students in North America, only a very small part of them can get full scholarships.

Expensive tuition and accommodation fees are an expensive expense for any middle-class family-it can even directly drag down a middle-class family.

A considerable part of the students’ families are unable to support their college fees, so they will look for bank loans, which is too common.

Therefore, even if they have good ideas in their heads and their own dreams, they will not be able to realize their ideas after graduating from college because of huge debts. _

Qin Yan nodded, this is the second phenomenon he has known for a long time.

North American college students are highly indebted

.And a large proportion of the school’s full scholarships are taken away by Asian students.

The final result is that North American universities have a very high proportion of students who study hard.

It’s hilarious. When this incident spread to China, it became a proof of the independence of North American college students, and a proof of the success of North American family education and school system education.

But what about the reality? It is because life forces

Qin Yan nodded. Looking at Jill: Foster’s face is full of bitterness, and there is a trace of respect in his expression

Although he is a foreigner, but this kind of heart to the students, still

is respectable.

“So this is the real reason why the principal wants me to promote the Hemiao Fund in North America.” Qin Yan said.

“Yes.” Jill Foster said

“Most North American college students are under heavy debt pressure, so they have to start from freshman. Desperately earn tuition and living expenses for themselves through part-time jobs.

Their studies are thus delayed let alone realizing their dreams. on this land. The barriers to success for children from rich families are very low, while the children of the middle class and workers without money want to succeed, as if the whole world is hindering them

Qin Yan said, “The He Miao Fund is a fund I created for the young people of the Tang Dynasty, but… I also hope that this fund can blossom and bear fruit all over the world.

It’s just that Hongmeng Pan Entertainment is very short-handed, and our various businesses have slowed down our energy. If we want to set up a Hemiao Fund in Beijiang, we have no time to take care of e”

Pause, pause… Qin Yan continued, “If Principal Foster really wants me to try the “Hemiao Fund Model” in North America. I think we’d better work together. “

“Please tell me, Mr. Qin.” Jill: Foster said.

“It’s very simple. Our Hongmeng is responsible for providing

A full set of technology to build the online Hemiao Fund website, and then in the name of Hongmeng Fan Entertainment. Provide not less than 200 million U.S. dollars of initial capital for Chuyi every year, and provide an operation team of 20 people, and then Harvard will provide a large part of the personnel needed for operation and promotion and the necessary promotion plan. “

Qin Yanyue stared at the old principal

“Our two sides worked together to build this foundation in Cambridge, based on Harvard, and then spread to Boston University, then Massachusetts, and all E.

About this foundation. If it produces positive blood profits, Hongmeng Pan Entertainment promises to pay nothing within ten years

Pick. Instead, the profits will be reinvested into the foundation’s fund pool

Jill: Foster applauded after listening. _”It’s really great⊥Harvard also promises not to rely on this foundation to earn any benefits.

And every year, 100,000 US dollars will be used to operate the foundation. Regardless of whether the foundation can make money in the future, Harvard will not ask for a penny of profit. This can be written into the contract.

Harvard hopes that this fund can exist for a long time, and then use a steady stream of money to help more students and cultivate more talents who can contribute to society. “

He talked more and more happily, and finally laughed

stand up

“I propose. Change the name of He Miao Fund North America Station to “Qin Yan-He Miao Le 93 Fund”. What do you think?”