Investment Life

Chapter 40:

When Meng Lisheng looked at Chen Yuanming, Chen Yuanming was also carefully looking at the man in front of him. In later generations, he had seen Meng Lisheng's photos in the Economic Weekly or website newsletter. The men in the photos were always fatigued, and aging and puffiness had already changed his temperament, leaving only the bleakness of old age.

But the person in front of him is completely different. He looks very young, about 40 years old. Although his eyebrows are not handsome, the elegance and grace of the older generation of senior intellectuals are undoubtedly obvious. In addition, he has expectations for his future career. The whole person glowed with high spirits.

Withdrawing his hand, Chen Yuanming was filled with emotion. When he learned that Xiao Junyi's relative was the father of vcd, his heart was full of surprise and excitement. Now he sees even more thoughts. In the long and tiring reports of later generations, his entrepreneurial history can be described as mixed, but the most common thing is not to praise his contribution to the cause of vcd, but the almost mocking description-"the revolutionary martyrs".

Yes, the founder of the world's first vcd, the owner of the only independent product in the Chinese home appliance industry, finally ushered in a total failure of his personal career. In the five years from 1995 to 2000, China has created a world-renowned miracle. With just one product of vcd, it has created a huge market with annual sales of more than 10 billion. The profits are huge and the density of enterprises is unprecedented. see. But these have nothing to do with Meng Lisheng, because his company had fallen to pieces as early as 1996, was overthrown by those copycats who followed it, and withdrew from the market.

This is the first person to eat crabs, but he failed to taste the taste of crabs, but was pinched by his fingers ...

With a slight smile, Chen Yuanming's hand holding the gift box tightened a bit. Now seeing him at this time and place, can he turn around the coming future?

Because the two sides were a little absent-minded, the scene fell into an awkward situation. In the end, Meng Lisheng's wife smiled and greeted the two into the house. They poured tea and water and took melon seeds and fruits. When he saw Chen Yuanming carrying a gift, he even showed a very surprised and slightly happy smile, and put the two big boxes aside.

This busy work finally turned the atmosphere around, but the formal talks originally envisaged also came to nothing. Meng Lisheng looked bitterly at the data he had sorted out overnight in a few days, and didn't know what to think. He is not really familiar with "risk investment", but after communicating with Professor Yan in detail, he still chose the most secure method, prepared the materials and prepared overnight, and tried his best to figure out how to sell his products. He also listed Standard profit distribution plan, ready to try to reach this investor.

But now? Meng Lisheng only felt that the information under his hands was abnormally hot, like a joke. How many tens of pages of information can a child understand? If it's just a young master who has nothing to do, what's he worried about these days?

Looking at the two who had a great conversation with his wife, Meng Lisheng sighed. "Xiao Yi, is this the investor you are talking about?"

"Yes, Uncle Meng." Xiao Junyi replied quickly, "Yuanming and my uncle spent a lot of time in Shanghai stock trading, the relationship is very good. After hearing about your project, I want to fly over to see the situation. This time he I have made a lot of gains in the stock market, and I am thinking of moving towards industry. It is a rare business genius ... "

Some words were so perfect, how could Xiao Junyi not see that Meng Lisheng was a bit unwilling to talk at this time? It was because Yuanming was too young. If he did n’t know him thoroughly, he would basically send a child out. As an insult. However, in this matter, Chen Yuanming was reluctant to seek indirect negotiation with the client, which caused such an awkward situation.

It was just that this boast didn't get Meng Lisheng's approval, he was silent for a little while, and he turned his head to look at the teenager sitting across the sofa. "Yes, Chen Yuanming, I rarely hear Xiao Yi so arrogant ... But friendship is back to business, but business has to be taken seriously. I just want to ask, who do you represent this time?"

Even if it is a family business training brother, thinking of Xiao Junyi's identity, Meng Lisheng seems to have grasped the last straw, and asked impatiently.

The smile on Chen Yuanming's face was still kind, but the words were not so kind. "Mr. Meng laughed, and I represented myself. For an emerging product, I believe my funds can still support it, but I don't know if this product is worth the investment?"

The tone was not small, and Xiao Junyi, who had been in a hurry, showed a bitter smile. Why is he guilty now? Where did those smooth and scheming go?

Captivated a bit speechless, Meng Lisheng also smiled bitterly. It's really a young master ... but VCs really should be like VCs. It's not enough to let the other person come to the door. Is he still showing his face to the rich man? Just such an investor may not be a good choice ...

My heart went back and forth a thousand times, but my face finally returned to peace. Meng Lisheng did not pass the pile of information to Chen Yuanming, but cleared his throat and introduced it slowly.

"I think you may have heard what Xiao Yi said about me. At present, I am working on a project that can replace the laser disc player, which is to replace the current laser disc with a disc called vcd and produce related Play equipment. It has been determined that the VCD disc uses a 120mm disc as a carrier, and the video and audio are played in full screen simultaneously with a resolution of 352x288 pixels and 25 frames per second. Audio 224kbit / s. If the experiment results, the video quality is roughly equivalent to vhs video tape. "

The terminology is quite professional and unpleasant. Xiao Junyi frowned. This is not the attitude of really soliciting investors. It is not simply easy to understand and attractive. What useful terminology scares people.

But Chen Yuanming didn't say anything, just pondered for a moment, "Only pal format, no ntsc format?"

Meng Lisheng was surprised that he didn't expect the child to say the standard of grace. Pal and NTSC are the two major standards for TV signal transmission. TV signals in the United States and Japan are mainly based on NTSC. China, Germany, Singapore and other countries are based on pal is the standard. Since it is sold in China, it is natural to choose the pal system.

However, as soon as the connoisseur took the shot, he knew if there was any research. Since the other party really did some research, I believe that sincerity is also more than expected. Meng Lisheng explained patiently, "At present, China's television has just switched from black and white to color TV. The requirements of pal's receiving equipment are lower and the color retention is better. Domestic color TVs use pal system. It is naturally more appropriate to choose it."

Chen Yuanming didn't say anything, but just snorted softly.

Seeing the other party did not refute, Meng Lisheng continued to say, "At present, a vcd disc can hold about 600m of content, and the duration is about one hour. The cost is much cheaper than laser discs and vhs video cassettes. If there is no accident, it can quickly replace other movies and videos. Equipment has become one of the must-have items for Chinese families. We have done some investigations in the past. At present, domestic sales of video recorders, lasers, and audio equipment are all over one million units. If vcd machines are put into production, the cost advantage will be quickly displayed. , After the product enters the mature period, it is predicted that the annual sales will be around 2 million units! "

This number is not tempting, but Chen Yuanming looks unmoved. After thinking for a while, he finally said, "It sounds good, but I have two questions."

He raised his head and stared seriously into the eyes of the man in front of him. "First of all, how original and original is this product? Is there a similar product worldwide?"

Meng Lisheng replied categorically, "It is currently impossible. The mpeg format was developed by my partner Professor Yan. If anyone uses this format to develop new products, he will know in advance. The originality of vcd is beyond doubt."

Chen Yuanming nodded. "If so, have you obtained industrial property rights? All intellectual property rights, including patent rights and trademark rights."

"What?" Meng Lisheng gave a surprised surprise and replied a little awkwardly. "This ... Intellectual property is a very complicated issue. Our product development has already cost a lot of time and money. If we leave the rest The energy spent on patent application will greatly delay the launch of vcd machine products. I am afraid this is not worth the money? "

Indeed, neither he nor Professor Yan had thought about the issue of patent application. The problems involved were too complicated, and China's property rights law was still incomplete. Most people had no patent awareness at all. Who would spend time on it? What about this?

Chen Yuanming did not refute, and then asked the second question, "So, if you produce a vcd player, what are your plans for a vcd disc that matches this player?"

This topic is even sharper, which is also the biggest problem they face. Isn't it a joke to build a gun but not a bullet? And the promotion and sales of new products is also a difficult point ... But for this, Meng Lisheng consciously has a fairly complete answer, he answered with confidence, "This is not a problem, we will contact a group of audiovisual companies to produce certain A large number of vcd karaoke discs and vcd machines are listed at the same time, which will greatly ease people's unfamiliarity with vcd machines and also promote the sales of audio companies. "

"Why audio and video, not video?"

Is this too layman? Meng Li explained with a good temper, "The time limit is limited, ordinary movies are more than 120 minutes, single-disc vcd can not accommodate, it is more appropriate to adopt the karaoke mode."

That's it ... Until then, Chen Yuanming only smiled bitterly. The two questions that have been repeatedly criticized in future generations are just such simple answers. Should the two vcd fathers be too naive or too brainy?

auzw.com Gently shook his head, Chen Yuanming said the key points of his trip. "As far as the product you are talking about, I am still very interested. If the plan is indeed feasible, I am willing to take 50 million yuan as the upper limit of venture capital and rely on preferred shares to occupy 30% of the company's shares."

As soon as the words came out, Meng Lisheng had held his breath. This came a little too soon, and it was beyond his imagination. His eyes couldn't help but look at Xiao Junyi sitting on the side, only to see the other person nodded at him. 50 million RMB! And listening to Xiao Junyi's meaning, this child can really get it! If this money is really invested in, it will steadily occupy more than half of the capital, and only 30% of the equity is required, which is not enough holding!

"But ..." However, before Meng Lisheng reacted, Chen Yuanming said immediately. "I still have some doubts about this project. There are two problems that must be resolved before investing. The first is the patent right. You must apply for industrial property rights in China and the United States, including invention patents, trademarks, and product appearance. The second is the content and production method of vcd discs, which need to be re-discussed. If these two requirements are not met, I am unable to throw a lot of money into the water. "

It was a shock and a glimpse, and Meng Lisheng had no idea what to say? Is this optimistic about their products, or are they spared no effort to degrade them? What's the point of these two requirements? Didn't look at the product, didn't look at the laboratory, didn't care about any important things, and instead spent their energy on the sidelines. What is this child thinking? !!

However, at this time Chen Yuanming had stood up and nodded friendly to Meng Lisheng and his wife, "Thank you for your hospitality, but it is too late today and it is not suitable to continue talking. I will be here in the last week. The hotel is here, if you can meet my requirements and have sufficient sincerity to cooperate, you can contact me again. "

The words are light and light, but the meaning of the resignation cannot be refuted. Meng Lisheng stood up and shook hands with each other stiffly, but he pulled Xiao Junyi's arm when he was sent away.

"Xiao Yi, what exactly does this mean today? Why am I confused by you? There are two other conditions. He has no problem in his mind. Such strange conditions ..."

He patted the back of Meng Lisheng's hand, Xiao Junyi showed a determined smile, "Uncle Meng, Yuan Ming's temperament is a bit weird, but his vision and ability are really wordless. At this point, the entire Xiao family can give him Endorsement. Now that the conditions are given, it means that he really wants to cooperate, and those two conditions are probably the key issues that need to be solved urgently. You may wish to think about it ... "

"What?" Meng Lisheng heard a voice outside of the string. "Isn't he your friend, to spend money on investment? The entire Xiao family ..."

Xiao Junyi nodded. "Yes, my father and uncle are quite optimistic about him. Although the Xiao family will not get involved in this business, we will support Yuanming if possible."

Using the power of the Xiao family to support a child in his tenth year, Meng Lisheng no longer knows what to say, but just mumbles and repeats "but the problem ..."

Xiao Junyi's eyes rolled around. "Uncle Meng, you might as well take a closer look at what Yuanming gave you? This child is so terrible, maybe what he wants to say are in those two big boxes."

After saying this, Xiao Junyi didn't delay any more. After saying goodbye to Meng Lisheng, he hurried down the stairs and saw Chen Yuanming standing in the cave and waiting for him.

Seeing someone coming, the boy smiled slightly. "How about, go drumming?"

Xiao Junyi also laughed, "I am so entrusted to you, I am fortunate."

The smile on the corner of Chen Yuanming's mouth was even better, and he nodded gently, "Good."

"But what's in that box?" Now that the bag has been sent, don't you have to hide it? Xiao Junyi asked the same question again.

This time, Chen Yuanming didn't sell the child, and answered directly, "It's two machines. I think Meng Lisheng will understand ..."

&&&

Standing at the door, Meng Lisheng didn't return to God for a long time. Just now Xiao Junyi's impact on him was too great. What does the box mean? Why can't he understand ...

Going home blankly, he sat on the sofa, thinking hard about what just happened. It's too fast, less than an hour, so faintly welcomed the God of Wealth and sent people out of the door, what happened in the middle? At this moment, an exclamation was made aside, Meng Lisheng looked up and saw that his wife had opened a huge gift box, and sighed with praise.

"What's wrong?" Meng Lisheng asked involuntarily.

The wife turned her head, and the joyful smile on her face couldn't cover up. "Look at Chen Yuanming, and come with such a valuable gift, a learning machine! I have always heard people talk about this, and I'm preparing to buy it for my son. One! It's not three or four thousand ... "

leaning machine? Meng Lisheng got up from the sofa, "Quick! Open another box and see what it is!"

Having said that, he didn't wait for his wife to respond, and ran directly to open the packaging, and after a while, the exquisite gift wrapping paper was torn and shattered, revealing a machine inside, red and white, with two handles, Transformer and a cassette.

"what is this?"

The voice of his wife's confusion came next, but how could Meng Lisheng not know what was in front of him. This gadget is called familyputer. It is a home game machine produced by Nintendo in Japan. It is commonly known as red and white machine or fc. As an electronic technology researcher, he has seen this thing for a long time and is also amazing for the creative ideas of Japanese companies. But what do these two machines represent?

"This thing is called a red and white machine, it is a game machine ..." Unsure of the problem, Meng Lisheng explained to his lover hesitantly, "The learning machine over there is a transformation from the red and white machine, and it can be used universally. The cassette of the red and white machine is just a keyboard ... "

"Game machine? Isn't it a good thing?" Parents are daunting to play games like tigers and wolves these years, and they ca n’t wait to get rid of all the poisonous weeds that affect their children ’s education. I heard that the name of the red and white machine frowned. All those game consoles are banned! "

As soon as this remark came out, Meng Lisheng only felt a whisper in his heart and stunned on the spot. Does that Chen Yuanming mean that? !!

The author has something to say: Hey, this time it's not worth selling. Xdd

Again, the domestic real-life companies and people involved in the plot have all changed their names or avoided taboos, don't blame everyone> _

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