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Chapter 1183 Another Sprout

This investment is very different from the previous investment in Weigang. When Jin Muchen invested in Weigang, Weigang's shelves had been built, and the personnel, equipment, and venues were already in place. At that time, they had even produced the first result.

And there were no one else at that time. All the ideas about Weigang's scientific research were about, at least Scott had contacted several venture capital companies before him.

So at that time, Wei Gang's situation was that the emperor's daughter would not have to worry about marriage.

But now this research institute led by Smith is a completely different story. Now it can be said that there is no shadow except for an idea-worthy scientist like Smith and a venture capitalist like him.

This research institute will start from scratch and start from being poor and poor, and Smith has nothing to take out except the concept in his mind.

So Jin Muchen gave him 20% of his shares, which was actually very considerate. After all, he paid for the construction of such a scientific research institute, from site selection, decoration, recruitment, and later buying equipment and experimental consumables. Smith's job was to burn money, so giving Smith's 20% of his shares was really a manifestation of his importance.

As for the remaining 10%, Jin Muchen asked Harvey to write this part of the shares in the contract. He would find a company to hold on behalf of the shares, and then serve as a future reward for the dry shares of scientific researchers who have made contributions to scientific research.

If the other party makes great contributions to the research institute, then dividends can be distributed according to the proportion of the dry shares they receive in the future, but if that person wants to leave the company in the future, he will definitely have no right to take away this part of the shares.

And he came to find someone to hold this part. To put it bluntly, he had the final say in this part of the shares. He would decide who to give to him or who he would not give to him at that time.

In fact, it means that he holds 80% of the shares of the research institute, and Nolito Smith has no objection to such distribution.

Because he is like Scott, he is also a man with both high quotients. The conditions given to him by Jin Muchen made him feel that Jin Muchen was already very generous.

Otherwise, you can try it in the United States? Not all scientists can find investors who are willing to invest for them just by relying on their crazy thoughts.

Moreover, this time, Jin Muchen made an absolute big deal. He did not choose to find other investors to come in to reduce risks. This shows that they are very confident in themselves, which makes Smith feel a sense of accomplishment that is recognized. You should know that scientists like him actually do not value money particularly. What they value more is precisely this kind of respect and the sense of accomplishment of becoming famous.

So he also thought that such a distribution was very appropriate, not to mention that Jin Muchen gave him 50,000 US dollars as soon as he gave him to choose a site in China. Isn’t this the signing fee?

Just let him go to China to play. Is there such a good boss in this world? You should know that you are not a big-name athlete and have a good thing like signing fees. Isn’t this a manifestation of others’ sincerely recruiting themselves and trusting themselves?

So when he took over the fifty thousand dollars, Smith suddenly felt moved by the feeling of a soldier dying for his confidant.

"Boss, don't worry. I have contacted several of my old friends and classmates in China. Most of them are in Beijing and I am very happy about my upcoming trip to China and are very willing to help. Don't worry, at most one month, I will find you a suitable place. Then we started recruiting people. I have sent emails to several of my friends in the United States, but they are still a little hesitant. After all, China is not very good at it yet, but once our laboratory is built there, I think they will definitely be willing to go there with me."

With sincere respect for Jin Muchen, Smith no longer calls Jin Muchen's name, but calls him his boss, and Jin Muchen is also very satisfied with Smith's sensibility.

This guy seems to be like Scott, not a fool who has only scientific experiments. Such a person is worthy of his own cultivation and training.

"Well, that's fine, you can do it. Anyway, if you have anything you don't understand, just call me and I'll find someone to help you settle it."

Jin Muchen had already made a decision. After his father and mother returned, they would let them go to the capital and send Candice to this research institute. They had to keep a close eye on it.

After all, he is very optimistic about Scott's scientific research project. Once there are results, the effect will definitely not be lower than that of Scott's Weigang Institute.

Even from a long-term perspective, he felt that the future achievements of Smith's research institute will definitely be higher than that of Scott's Weigang Research Institute.

But it depends on succession. Smith's execution and his scientific research progress, he feels that it is unlikely to produce results without three to five years.

After all, Smith also told himself before that he had designed experimental plans for his regenerative medicine ideas and had done some simple and small-scale bacterial experiments in the Petri dish, but he had not done experiments on real living bodies.

He told himself that if an experiment like this is conducted in vivo experiments, the first thing to do is to conduct an experiment on a guinea pig. After the experiment is successful, it will also be taken to a chimpanzee to continue to conduct scientific experiments. After the chimpanzee's living experiments are successful, clinical trials will be conducted. This requires the cooperation of the hospital and those who volunteer to participate in the experiment.

Although there are only a few simple experimental steps, if all of them are carried out, according to Smith, it will take at least three to five years, or even six years.

This means that in the next six years, I will be prepared to continue to invest money in this scientific research institute.

Fortunately, I really have a lot of spare money in my hands. Not to mention the money I got from the auction held in Naples last year, I am still lying in my bank account.

Just say that some time ago in Japan, I made hundreds of millions of dollars in earnings from the Mitsui family. The money was also kept, so it would be better to use it here to invest in this scientific research institute.

Anyway, if he is burning money, he has enough money to burn this research institute. If he really can't hold on, he can buy some antiques and cash out. No matter how bad he is, he can contact Wang Xueming and let him earn some shares.

Anyway, through this cooperation with Weigang Research Institute, Jin Muchen has understood that Wang Xueming has been thinking about it recently and plans to make some politically correct investments. He is not short of money anyway. What he needs most now is back to the top domestic attention.

Only by demonstrating his abilities to those people can one gain recognition from those people and thus gain more opportunities. This is very important to Wang Xueming, so he is still very happy to invest in this so-called "high-tech, innovative science field".

After communicating with Smith for a while, he probably ordered some things he should pay attention to after he arrived in China. Then Jin Muchen and Harvey chose to say goodbye and go home.

On the way to send Harvey back to the law firm, Jin Muchen thought for a while, and then suddenly asked Harvey: "Have, do you know the people from the headhunting company?"

"Hmm? Why did you ask this all of a sudden?"

"That's right. Although Smith is very good, I'm worried that he will not adapt to the Chinese environment. After all, you know that the business environment in China and the business environment in the United States are completely different. I'm not very relieved to leave many things to him alone. Although he went to set up a scientific research institute this time, some things, especially when dealing with the government, I still think it's best to leave them to someone familiar with China's political and business environment. So I want you to help me and contact a more reliable headhunter. I plan to find some helpers for Smith."

Jin Muchen still expressed his concerns. Although Smith's quota is very high and he has many friends in China, he has never made too many deals with the Chinese government departments.

Jin Muchen really knew the conduct of those people very well, so when he fought with those people, he had to find a Chinese communication who was familiar with China's situation, which was the best.

After hearing Jin Muchen's concerns, Harvey nodded. Although he had never been to China, he also heard his father and many of his father's friends talk about doing business in China, and what he encountered was completely different from that in the United States.

For example, there are many gray areas in the business environment over there, and you have to adapt to that gray area, but this is not something Americans are proficient in. So if there is no person familiar with the local environment, just a few Americans will go there by themselves and they will have to be bought by others.

"Okay, I will help you contact a few headhunters I am familiar with to help you pay attention to such people. By the way, what are your requirements for such positions?"

"Well, it's best to be a Chinese student. As for what kind of background they are? I know you understand! Or foreigners who have worked in China and are familiar with the working environment in China. They are willing to work in Beijing, familiar with the operation of local government agencies, or new immigrants from Beijing. Anyway, you ask them to find them first, and I will ask someone to stay in China and help find them."
Chapter completed!
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