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Chapter 78 Funding and work

When Qin Mu brought five colleagues into the Kempinski Hotel, he felt a little emotional and awkward.

Before resigning, he was already a senior engineer at Founder Group. Although his monthly salary was not as exaggerated as tens of thousands, his income was not less than that in public and secretly. He was also responsible for a R&D department, managing thirty or forty employees, with excellent results. As long as he stayed for two or three years, he was assigned to be the general manager of a branch or promoted to the head of the R&D department, there was no problem at all.

I was really obsessed with a month ago. I gave up my stable job and a bright future. I quit and went to a startup with a registered capital of only 1.5 million yuan...

Although Du Qiu's technical ability is indeed extraordinary, he always feels uncomfortable to be a subordinate who has not even graduated from elementary school and is six or seven years younger than him...

Others seemed to have the same awkward mood. Xiao Wu was waiting for the elevator and asked in a low voice: "What do we call him later?"

In the past, Chen Dayou was present every time he met, and he was used as a buffer. The name was vague and he passed by. Now, when he met Du Qiu alone, he must pay attention to the title. Qin Mu was silent for a moment, and after the elevator door opened, he said, "Just call Mr. Du, he is a legitimate investor and big boss of the company after all."

Zhou Yuan used to be a media person, and he was much more mature than those programmers in interpersonal communication. He smiled indifferently and comforted him: "Age is age, position is position, and there is no link between the two. Chen Zhangliang is only 34 years old this year. After July, those professors, academicians and deans in their seventies and eighties should not call him the principal when they see him?"

In 1987, 26-year-old Chen Zhangliang graduated from Ph.D. In the same year, he received the title of associate professor at Jingcheng University. He was promoted to professor in 1989, served as department director in 1992, and was promoted to dean in 1993. Now it is rumored that he will be appointed as vice president of Jingcheng University in July, which is as high as a rocket. Several people have heard stories and rumors about him. If you think about this, Du Qiu's age is really nothing to worry about, and his mentality is suddenly relaxed and he no longer has the tension he had just now.

When a group of six people walked into the suite, Du Qiu was talking to someone in English. His tone was calm, but the content was very exciting: "Zach, after all the intuit stocks were sold, how much money did I have in my account? 420,000 US dollars? Then use 400,000 to do long yen futures... I don't care about the technical details. You just need to follow the previously scheduled figures and trade automatically at that time."

Qin Mu was startled by the numbers in the conversation and immediately reevaluated Du Qiu's financial strength in his heart.

He and Chen Dayou have a very good relationship. He knows that Fatty has been busy raising funds these days and is preparing to expand his shares in the company. However, he has raised less than 2 million yuan in a month. Unexpectedly, Du Qiu has more than 400,000 US dollars and is still doing financial investments. Obviously, there are more funds or bigger funders behind it!

Xiao Wu's parents both work in banks. She has a little understanding of finance and asked the beautiful female secretary of Du Qiu softly: "Foreign exchange risks are very high, and you can use 400,000 US dollars to speculate. Are you not afraid of losing your position?"

Jiang Danfeng's face was a little haggard and said in a slightly harsh voice: "Mr. Du never does something unsure."

Xiao Wu thought she had just passed a long journey and the jet lag had not yet reversed, so she was in poor spirits, so she didn't ask much, but Jiang Danfeng was resting very well on the plane, and was haggard because of regret.

After arriving in New York on April 8, Du Qiu deprived her of the right to continue investing in the yen and went to Wall Street to find a professional investment bank to take charge. Jiang Danfeng then put her commission of 7,000 US dollars into the investment. On April 10, the yen rose by more than 100 basis points and made nearly 10,000 US dollars. She was so happy. Unfortunately, she only had a happy one day. The yen fell sharply in the next two days. Not only did she lose all the previous profits, but she also paid nearly 2,000 US dollars. She was immediately panicked and took out all the remaining 5,000 US dollars, and did not dare to invest again.

However, unexpectedly, starting from April 13, the yen began to appreciate again, and rose by nearly 200 basis points in a few days. If you do not withdraw your investment, when you leave New York, 7,000 US dollars will become 15,000 US dollars, not 5,000 US dollars, so you feel very regretful...

Of course, Du Qiu would not be scared by the losses of two or three days. He has been sitting firmly on Diaoyutai. When he went to RB as an exchange student, he once paid attention to the news about the yen exchange rate for a long time. In various reports, he remembered a historical data, that is, the highest peak of the yen exchange rate appeared on April 19, 1995, and 79.75 yen can be exchanged for 1 US dollar.

Before 2010, the foreign exchange market had extremely high leverage ratio, from 50 to 400 times. When Du Qiu went to the United States on March 24, the exchange rate of the yen against the US dollar was 89.10:1. If he spent 400 times leverage to buy a standard foreign exchange contract at that time, he could make a profit of about 11,500 US dollars by selling on April 19, which was a super huge profit. Of course, this is just a theoretical return. If that is the case, the position will definitely be overturned.

Du Qiu made more than 300,000 yuan in Pujiang speculation of 327 treasury bonds. With the loan from his parents and the mortgage of Accord cars, he had a total of about 700,000 yuan in funds, equivalent to about 82,700 US dollars. Through Liang Jinyu's relationship, he transferred 75,000 yuan to the United States. After the funds arrived in early April, he took out 20,000 US dollars to invest in Japanese yen and 50,000 US dollars to invest in intuit's stocks. The remaining 5,000 US dollars was used as emergency funds and living expenses.

The reason why I only took 20,000 US dollars to invest in the yen is the same as Jiang Danfeng is worried about. The exchange rate is not straight up and down, but fluctuating. I only know the general trend and don’t know the details. However, if I want to make a lot of money, I must choose high leverage. High leverage means high risks. Maybe before April 19, the funds will be lost.

Therefore, Du Qiu only gave Jiang Danfeng 20,000 US dollars to her, asking her to observe the exchange rate changes of the yen, list various investment methods, and then gamble with 200 times of leverage, which was also lucky. On April 6 and April 7, the yen appreciated sharply, rising by nearly 200 basis points, and the 20,000 US dollars became more than 100,000 US dollars.

He took 20,000 US dollars to gamble. He made a big profit if he won, but it was nothing if he lost it. But if he lost it, he felt distressed. Therefore, after Du Qiu arrived in New York, he immediately found a professional investment bank to manage it. In the environment where the yen was constantly appreciated, more than 100,000 US dollars became more than 300,000 US dollars in just six or seven days.

As for the 50,000 US dollars invested in intuit's stock, there are basically no risks. There are two reasons. First, the intuit company still existed until Du Qiu traveled through time, and its market value was as high as more than 20 billion US dollars in 2015; Second, Microsoft's failure to acquire intuit was the beginning of the "Century Trial". The US Department of Justice spent seven years in the name of antitrust to split Microsoft into different companies. This was the most eye-catching news in the IT industry in the late 1990s and early 21st century, and involved almost all American high-tech companies. This kind of big event was obviously not something that the time travel party was still in an unknown state.

Not long after Du Qiu arrived in New York, Microsoft announced that he would give up the acquisition and pay $46 million in compensation to Intuit. Once the news was announced, Intuit's stock surged immediately, and the $50,000 quickly doubled. Now the dust has settled and the stock price has fallen. The highest exchange rate of the yen on April 19 is coming. Therefore, before leaving New York, he asked the investment bank to sell the stocks and use all the funds to buy yen futures. Now this call is the investment bank manager who reports to him the latest progress.

"Sorry, let you wait." After hanging up the phone, Du Qiu said a few polite words first, then pointed to the row of cardboard boxes next to the coffee table, and said, "I am very lazy and don't like to come back from the journey of thousands of miles to carry gifts, so I went to buy a few gifts after I arrived in the capital, and gave them to you, one for each one, and I took it myself."

Qin Mu and others had long noticed the carton box. Because it had the logos of IBM and Thinkpad on it, you could tell it was a laptop. The IBM brand in the 1990s was very loud and expensive. It was the top product that every programmer dreamed of. He was overjoyed and everyone took one. Xiao Wu looked sharp and saw the model on it and said strikingly: "This is the 755CD that was only released in October last year. It is the world's first laptop with a built-in CD-ROM. The market price is about 50,000 or 60,000 yuan per unit."

When they heard the price, several people seemed to have obtained hot potatoes, and put the cardboard boxes back in place, and shirked: "Mr. Du, this gift is too expensive, we dare not accept it."

"These laptops are gifts, but in fact they are tools to squeeze employees' productivity. You have to continue to help me when you get home from get off work." Du Qiu picked up the cartons with both hands and handed them one by one. He said with a smile: "I'll ask Danfeng to write a clause later. Everyone signs. You are not allowed to resell them within 3 years, and you can only handle them at will after 3 years."

"Mr. Du, the computer price is now down so quickly, it is not worth anything in three years." Jiang Danfeng helped to activate the atmosphere, pouring tea and said: "Since you are lazy, don't buy any gifts when you go abroad in the future. Just use cash as a gift. We don't mind, don't you think so?"

Several programmers laughed and said nothing. Zhou Yuan stood up slightly, took the teacup handed over by Jiang Danfeng, and rescued it: "It is said that gifts are given by goose feathers thousands of miles away, and the gifts are less affectionate. Mr. Du gave gold at the door, and the gifts are more important and affectionate. We are fearful, for fear of letting down our expectations and having a burden."

"Since that's the case, I'll give you a paper laptop next time, and I won't give you a laptop."

"Mr. Du, you have a big gap!"

Jiang Danfeng is very good at singling the atmosphere, and soon let several programmers relax and took the laptop away. Seeing this, Du Qiu took out a few CDs and said, "University of California, Berkeley released 4.4BSD-Lite in June last year, which contains a lot of bugs and shortcomings. Now it has improved a lot. I plan to release the second version in June. I got the latest version of the source code from students in their school. You can take it to study it first. After the official version is released in June, we will use it as a basis to launch the Android plan."

These programmers are all top students from prestigious universities, and have been working for several years. They are strong and arrogant. They cannot be dug up by Chen Dayou's personal relationships. Therefore, when Du Qiu was recruiting, he talked with them one by one about technical issues, demonstrated his strength, and outlined the future prospects. The most grand blueprint is the Android plan - creating his own, safe and excellent operating system.

Although it was the work content that had been booked before, several people were still quite excited. They put the CD in a serious manner. Zhou Yuan didn't know much about technical issues and asked: "Mr. Du, they have gone to study the operating system. Who will be responsible for the iView browser?"
Chapter completed!
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