Rebirth 1981 starts with saving the sisters from the neighboring village.
Chapter 696 [Family Innovation Investment Fund]
After a round of drinking, the atmosphere gradually became lively.
Several people exchanged their ideas in detail on some subsequent company development issues.
Although Jack Ma is not tall, he has the biggest ambition.
In addition to building his own B2B platform, he also wants to do B2C, C2C, and payment.
Peng Wanhua has no objection to building a platform, it’s just a matter of taking it step by step.
But when it comes to payment, Peng Wanhua actually does not recommend that he disperse his attention and just use Anxinfu.
Anxinfu’s shareholders include banks and several leading technology companies. The market application is already mature, so there is no need to set up another business.
Jack Ma agreed immediately.
Peng Wanhua also informed the three of them about the subsequent matter of hiring a consulting company to provide them with guidance.
The three of them expressed their welcome and gratitude.
After finalizing these development issues, the only thing left is the specific valuation and investment share.
Peng Wanhua just needs to tell Huang Qi.
After eating and drinking, Jack Ma and the other two were unconscious.
Lao Liu asked his bodyguard to book a room for Jack Ma and his two companions at the Huabin Hotel next door, and then he and Peng Wanhua went to the West Kowloon Cultural Park for a walk.
"Brother, I've thought about it. I'm not good at investing, nor am I very interested in it, and I don't have the time. How about this, you can just help me with my investment." Lao Liu revealed his true thoughts.
"What's going on? These three projects are all very promising and lucrative. The company's market value may be tens of billions, hundreds of billions or even trillions in the future," Peng Wanhua stated directly.
He naturally knows the potential and future market value of Sina, NetEase, and Alibaba.
Lao Liu thought for a moment and said, "It's mainly because I'm too busy right now. I have to run a cybersecurity company, a novel reading website, and I'm busy writing books and film and television adaptations. I simply can't spare much time."
As for the issue of money, Lao Liu has never thought about it because he basically doesn't have to worry about it in his life.
The royalties alone are enough for him to spend, and the income from film and television adaptations is also considerable.
What's more, he is now one of the beneficiaries of Peng Wanhua's family trust fund.
The fund has annual income ranging from hundreds of millions to more than one billion Hong Kong dollars, so there is no shortage of money.
That’s right, in 1987, Peng Wanhua established a family trust fund.
Providing each of his confidants and children with a trust fund of US$10 billion can generate annual returns of over million or even hundreds of millions of Hong Kong dollars.
Later in 1992, the good life came to an end and the Russians also completed the initial cashing out.
Peng Wanhua’s profits from both Xiao Rizi and Lao Maozi are worth hundreds of billions of dollars each!
The profits were so great that Peng Wanhua had too much money to spend.
That's so sad.
So he set up the second phase of the family trust fund, which provided each beneficiary with a trust fund of US$50 billion, or about HK$390 billion!
Although the trust fund cannot be withdrawn, it will give the beneficiary a huge sum of money every year!
This amount of money basically ranges from hundreds of millions to more than one billion Hong Kong dollars!
The beneficiaries include Peng Wanhua’s girlfriend and children, including his eldest sister, second sister, fourth sister, fifth sister, and sixth sister.
Therefore, Lao Liu feels that he does not need to worry about money in his life. He just needs to do something meaningful that he wants to do.
Even though the trillion-dollar market value is not of interest to him now, he doesn't want to spend more time on it.
"Good guy, you don't even care about the trillion-dollar market value?" Peng Wanhua said with a smile.
"It's not about potential and money. I'm really not interested and I don't have time," Lao Liu said bluntly.
"Well, okay." Peng Wanhua patted Lao Liu's shoulder. Since he had his own things to do, he would not force him.
"Originally, I was planning to hand over the family innovation investment fund to you, but now it seems that you probably don't have the time for this." Peng Wanhua said with some regret.
The family innovation investment fund he established earlier was mainly used to invest in technology innovation industries, including the Internet.
Zhou Ling was originally in charge of this fund.
But as Zhou Ling had more and more things to take care of, she was responsible for things like the family asset management office, family trust, partners and brothers' benefit trust, family charitable foundation, Huamei Medical Charity Foundation, and the security foundation established not long ago.
There were so many things to be responsible for that she was too busy to handle it all, so she told Peng Wanhua that she wanted to transfer the family innovation investment fund to someone else.
Peng Wanhua had no choice but to find another person to lead the foundation.
In his opinion, Lao Liu has the right professional background, is also engaged in network security, and has certain insights into some Internet and new technologies, making him a very suitable candidate.
"Family innovation investment fund?" Lao Liu was puzzled.
"Well, it's like this..." Peng Wanhua nodded and explained the purpose and investment direction of establishing the family innovation investment. "Before, Zhou Ling was in charge. She was too busy and wanted to hand over this mess."
"Oh." Lao Liu immediately understood.
But he still didn't want to get involved in this matter, mainly because he felt that he was not suitable for it and didn't want to worry about it.
Peng Wanhua expressed his understanding. "It's okay. Just focus on your own business. I, Bai Qiuxia and Bai Dongxia, will gradually take over this matter."
The seventh and eighth sisters of the Bai family have been helping Zhou Ling. Although both of them are still in college and have not graduated yet, they have several years of work experience.
Bai Qiuxia will graduate this year, and Bai Dongxia will graduate next year, and they can take charge of this matter on their own.
After the two chatted about their recent situation, Peng Wanhua left first and went home.
After arriving at Shek O Manor, Peng Wanhua first called Huang Qi to explain the matter.
Then he communicated with Qin Wanqiu again.
Although Wang Zhidong and Ding Sanshi established a vertical domain portal, there is suspicion that they were poaching employees from Red Star Online.
However, Qin Wanqiu had a broad mind, and with Peng Wanhua's recommendation, she naturally agreed to the investment and would send someone to provide guidance.
After explaining this, Peng Wanhua went to the baby activity room.
Jiang Xue was playing with her two kids on the climbing frame.
The two little guys, Peng Hao and Peng Ye, are not even one year old yet they can crawl as fast as rabbits.
Jiang Xue was following behind but was not as agile as the two little ones.
When he saw Peng Wanhua coming in, he rolled his eyes and shouted, "Ba Ba ~ Ba Ba ~"
Then it happily crawled towards him, climbing up like a monkey.
Peng Wanhua held the two cute little ones in his arms, one on each side, and kissed them twice.
"Oh my~ I'm so tired. Your son is too active. You have to take care of him yourself." Jiang Xue collapsed on the floor exhausted and complained helplessly.
Peng Wanhua smiled and said, "Don't we have a nanny and a childcare teacher? Just let them take care of the child."
"That sounds nice, but I'm worried if I can't see the child, let alone hand him over to them." Jiang Xue sighed.
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