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Text Chapter 542 Angel Investment Charitable Fund

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    Lu Chenyang has two accounts in Swiss banks. One account has 10 billion, and the other account has 65 billion.  Lu Chenyang planned to use the 10 billion in the first account as angel capital, and established a fund called Chenyang Angel Investment Fund to specifically support projects that Lu Chenyang was interested in. No matter whether it made money or not, as long as Lu Chenyang was optimistic about the founder of the project,  Just vote.  Although angel investment is a type of venture capital, there is a big difference between the two.  The main difference between angel investment and venture capital is that angel investors mostly start investing when those who apply for angel investment have clear market plans, and these market plans or ideas are not accepted by venture capital companies for the time being.  Angel investment is actually a special form of venture capital, which is the first investment in high-risk, high-yield start-ups.  Generally speaking, a company needs three rounds of investment from start-up to stable growth stage. The first round of investment is mostly angel investment from individuals as the company's start-up capital; the second round of investment often involves venture capital institutions entering the product market.  While the last round is basically pre-IPO financing, it comes from large venture capital institutions or private equity funds.  In this regard, investment experts have a metaphor: if investing in a student, private equity investment focuses on college students, venture capital institutions favor middle school students, and angel investors cultivate primary school students in the budding stage.  The threshold for angel investment is low. Sometimes even a business idea can obtain funds as long as it has development potential. Venture capital generally has little interest in these "babies" that have not yet been born or are waiting to be fed.  For entrepreneurs who are just starting out, they cannot afford bank loans.  And they cannot benefit from the "vitamins" of venture capital. In this case, they can only rely on the "baby milk powder" of angel investments to absorb nutrients and thrive.  Lu Chenyang has high expectations for returns.  A return of 10 to 20 times is enough to attract him. This is because when he decides to invest, he often invests in 10 projects in an industry at the same time. In the end, only one or two projects may succeed. Only in this way can angel investors  Share the risk.  Lu Chenyang transferred several professionals from within the Lu family to be responsible for the operation of this angel fund. These people were responsible for specific affairs.  Lu Chenyang is only responsible for the final decision in the process, that is, identifying the founder of the project, and he decides who to invest the venture capital in.  In the early stages of the angel investment fund.  Lu Chenyang only invests in people who are capable and grateful, and those who are very capable but ungrateful. Even if his project is as attractive as Jack Ma's Alibaba and Taobao, Lu Chenyang will not invest in it.  certainly.  Not investing does not mean giving up on that good project.  Lu Chenyang will try his best to acquire that project and then hand it over to those who are grateful and capable to run it.  Lu Chenyang soon discovered that people's abilities are always different. There are still very few talents like Jack Ma and Bill Gates. Using a mediocre person who only knows how to be grateful but doesn't know how to update technology and strengthen management to run a project is tantamount to  Throw money into the water.  With Lu Chenyang¡¯s soul-stirring skills and other magical and martial arts skills, he doesn¡¯t have to worry about the project founders being ungrateful.  The 65 billion in the second account was used by Lu Chenyang as charity funds and established a fund called Chenyang Charity Fund.  Scarlett and Ningdali control this huge foundation together.  Lu Chenyang hopes that his charitable foundation will not be a foundation that only spends money but does not make money. He hopes that the Chenyang Charitable Foundation can be on par with the Microsoft Foundation in the future.  ¡°Bill Gates is like running Microsoft.  The foundation runs projects in more than 100 countries.  Reasonable investment - high returns - part of the income is used for charity, and the remaining income and principal continue to be invested, so that there is a saying in the American investment industry that "almost all the best investment experts in the United States went to Gates."  This also makes the Gates Foundation not only a money-spending institution, but also a money-making investment institution.  The Gates Foundation is divided into the "Gates Foundation Trust" and the "Gates Foundation".  The "Gates Foundation Trust" is responsible for the appreciation and preservation of assets, and allocates donations to the "Gates Foundation" every year for project expenditures.  At present, in addition to stocks, it also invests heavily in short-term investment projects, including U.S. government bonds, high-grade commercial paper and short-term discount bonds, as well as domestic and international mutual fund investments, high-yield corporate securities and international corporate and government securities; "  The Gates Foundation is responsible for the philanthropic business part, including strategy formulation, grant execution and project management.  In addition, the Gates Foundation also uses professional managers, and there is a CEO under the board of directors, who is responsible for the execution of specific work.  Currently serving as CEO is former Microsoft executive Jeff Lakes.  The entire foundation is composed of four departments, namely the global health project team, the global development project team, the US project team and the operational leadership team.  In order to ensure that the foundation's operations are transparent and efficient, GatesskyThe Foundation has formulated a series of rules and regulations. For example, staff cannot accept any gifts from beneficiaries, avoid any stakes, and family members of staff are not allowed to apply for foundation bonuses; accept external supervision through hotlines and other forms; and do not get involved in politics.  affairs, do not donate to religious organizations and individuals, etc.  Lu Chenyang decided to follow the example of the Gates Foundation and divide the Chenyang Fund into "Chenyang Foundation Trust" and "Chenyang Foundation".  "Chenyang Fund Trust" is responsible for maintaining and increasing the value of assets, and allocates charitable funds to "Chenyang Foundation" every year for project expenditures.  Lu Chenyang had no confidence in China's A-shares, so Scarlett organized some American financial talents to invest in the U.S. stock market. Naturally, they pursued Buffett's value investment. In addition, they also invested heavily in short-term investment projects, including U.S. government bonds, high-grade  Commercial paper and short-term discount bonds, as well as international mutual fund investments, high-yield corporate securities and international corporate and government securities, are guaranteed to increase by at least 20% or more every year.  "Chenyang Foundation" is headed by Ning Dali, who is responsible for the charity business part, including strategy formulation, grant execution and project management.  Lu Chenyang did not send Ning Dali to study at the One Foundation. Instead, he used the Lu family's connections to recruit people with experience in charity projects across the country. These people were all interviewed by Lu Chenyang to clarify their past experiences and find out who they were.  One person from the Lu family is responsible for the character situation, and Ning Dali serves as his deputy.  Charitable funds are long-term investments. Spending money must be calm and more cautious than making money. Therefore, Lu Chenyang conducts regular review of capital expenditures.  Doing charity in China does not give Lu Chenyang a great sense of accomplishment, because Chinese people seem to have no basic survival and simple spiritual space. They get up in the morning to produce for survival, and after a busy day, they have eaten.  , go to bed very early at night, this is the case for their own generation, and it is repeated for the next generation. Survival is to be able to work one more day, and working one more day is to simply survive one more day. This is repeated every day, and this is repeated for each generation.  Such a living condition makes them unable to fight for their rights. Regardless of whether they are materially deprived or not, they are spiritual beggars, and it is destined for them to become spiritual beggars. Do charity in the spirit.  A beggar is destined to be a mirror image. Fortunately, all Lu Chenyang wants is merit points. Otherwise, he would have been discouraged and despaired even if he had some hope of improving the social atmosphere.  (To be continued, please search Piaotian Literature. The novels will be better and updated faster!
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