Reinventing the Millennium

A good investor should be rational, able to correctly judge project prospects, abandon useless personal emotions, and be responsible for the company's capital.

Investors use money + vision to make money.

As for a good company boss, he wants to gather more good investors around him.

If Xiong Xiaoge of IDG Capital cannot be called excellent, I am afraid no one in the industry would dare to call him excellent.

Even though Fang Zhuo used it to attack his "sale of Penguin shares" from time to time, many people thought that this deal was a good deal. The original investment had increased eight times. What could be dissatisfied about this?

Just want to be happy, okay?

However, Xiong Xiaoge could not deceive himself. He was very optimistic about the development of Penguin and already regretted this move that was praised by the outside world.

Now, a business owner with no business ethics, poor character, suspected of defrauding himself once, and an administrative background puts a very promising project in front of him...

In fact, many people know that factors such as lack of business ethics, poor character, and suspicion of fraud are not inconsistent with a person's success.

Xiong Xiaoge somewhat appreciated what Fang Zhuo said.

——Within the legal framework.

Success within the legal framework is not called success, so what is success?

Just on the afternoon of the 24th, IDG Capital, which came to China from the United States, was quietly working on a project.

If your products want to enter the market of other countries, you must make some preparations before competition. Otherwise, it will be easy to be defeated at some critical moments.

IDG weighed it up and believed that the Paris Convention for the Protection of Industrial Property was more suitable for the current situation than the PCT procedure - China joined this contract in 1985, and its speed can be much faster.

Xiong Xiaoge agreed with Fang Zhuo's judgment. Now is the stage where military strength is extremely fast. Apple's Ipod cannot continue to ignore the majority of Microsoft system users like this, so it has to bite it hard before it can react.

Therefore, he could also understand why Fang Zhuo came to the door so shamelessly. It was indeed difficult to have investors in the country who knew the ropes better than him.

At the end of October, the procedures for applying for the Paris Convention were incorporated into the work arrangements of the patent office. At the same time, Yike Technology carried out equity changes, incorporated the vests of Xiangjiang and the Cayman Islands, and set up a VIE structure to facilitate more operations.

Two days later, the package arrived at Hang Lung 23 in Shanghai after a long journey across the ocean. It was opened in public at the executive meeting.

"Look, this is Apple's latest Ipod. Is it better than our M1?"

"Teacher Xu, cut it open and let's take a look at the internal components."

Fang Zhuo showed no pity and issued the order to destroy the flower with ruthless hands.

The scope of today's executive meeting is different from the first meeting for strategic change. IDG Capital sent Pan Ben, a vice president who is proficient in U.S. affairs, to attend, while President Xu Xin of Capital Today came in person. These two companies were originally from Yi. Co's shareholders.

Wang Fengyi from Shenxin was also present, so I just wanted to see it more clearly.

Boom, boom, bang, bang.

One Ipod was roughly taken apart, while the other Ipod in the package was circulated in the conference room for comparison with the M1.

"It's also a 1.8-inch micro hard drive from Toshiba. I don't know which company the power supply is from. Oh, even though the chip has its logo worn off, it looks familiar to me. Let me think about it."

In order to design the M1, Xu Keden tried almost all the mainstream parts in the world. He rubbed the components of competing products and said: "This is a chip from Texas Instruments! It is no better than ours!"

Fang Zhuo nodded slightly and asked, "Teacher Xu, take that good one and listen to the music again and see how the product performs."

Xu Keden took the brand new Ipod handed over by Xu Xin, connected it to the also newly purchased Apple computer, and connected it to iTunes.

The speed of music transmission made him change his expression slightly. It was indeed very fast.

Ten minutes later, Xu Keden, who had repeatedly compared, gave the answer: "The sound quality is very white. This is a common problem of decoding chips. Apple has not solved this problem. Walkman's will be much better."

"Teacher Xu, let alone supported systems, do you think Ipod has better product performance than M1?" Fang Zhuo asked calmly.

Xu Keden said without hesitation: "No, they are just the same. Besides, I think ours is more beautiful."

Fang Zhuo snapped his fingers: "Yes, beauty is also a very important factor."

He laughed again: "I just don't know if the American market will accept our aesthetic."

Pan Ben from IDG Capital took the internal parts of the Ipod over and looked over them, and asked a question: "Is Apple's roulette wheel the same as the M1?"

"The appearance is somewhat similar, but the internal solutions are different, but users can use it to find songs quickly." Xu Keden answered this question for Fang Zhuo, "This roulette design was submitted by a student of my Jiaotong University, and it has been Patent applied for.”

Fang Zhuo added: "This patent also followed the procedures of the Paris Convention and was submitted to the patent office."

Pan Ben nodded and continued to think about the meaning of the scene in front of him in silence.

Fang Zhuo scanned the circle, pointed at the Apple computer, and said: "It is true that Ipod also has iTunes software construction. This platform for carrying digital music may also have great results, but at this moment, its attraction to users The power is greatly weakened due to the operating system."

"If we price M1 at US$319, will users pay an extra US$70 for iTunes to buy an iPod?"

"I think even if iPod comes to Microsoft in the future, users may not."

"This is off topic, I want to make it clear again, the price of the M1 will have an impact on the iPod."

Fang Zhuo waved his hand, and an advertisement appeared on the projection behind him, with the Microsoft system logo and an English sentence on it.

--A top-notch MP3 player that's cheaper than an Ipod.

From reaching a consensus with Xiong Xiaoge to now, Yike has begun to do a lot of forward-looking work. Advertising is only a small part of it. It must enter the US market quickly and accurately.

After Fang Zhuo said this, he looked at Xu Xin, who had been silent, and asked, "Mr. Xu, what do you think?"

Xu Xin, the president of Capital Today, unconsciously glanced at Wang Fengyi next to him. This time he came to attend the meeting in person was the result of several days of communication over the phone.

She showed a complex and subtle expression and sighed: "One thing after another, it's different, today's capital has joined."

Fang Zhuo was the first to applaud: "History will prove the vision of today's capital. Mr. Xu is indeed an excellent investor!"

There was warm applause in the conference room, and the atmosphere was quite harmonious.

Today is not only a senior management meeting, but also a shareholder meeting. All shareholders and representatives of Yike are present.

"Then, I will pick some people here and lead the team to New York in person next week."

Fang Zhuo was not timid about an unfamiliar market, and his expression was filled with eagerness to try this once-in-a-lifetime opportunity.

"Ahem, brother Fang, on behalf of Shen Xin, I am optimistic about this project." Wang Fengyi said weakly, as if he had been forgotten, and he had been reduced to the third child.

"Okay." Fang Zhuo nodded and continued talking about his own business, "Mr. Yu will stay and be responsible for the domestic market. I will practice my mute English next time before we go abroad together. The domestic market is also very important. M1 must be in P1 Keep it hot until it goes live.”

Yu Hong frowned and responded. The boss actually spoke much more fluently than she did. How could this be justified?

"Teacher Xu, the situation of P1 depends on you. If Ipod counterattacks, the price of P1 will be another powerful weapon." Fang Zhuo pointed out.

Xu Keden nodded, the difficulty of P1 is very small, just pursuing the best effect within the range of parts.

Fang Zhuo continued to arrange work. As his voice echoed in the conference room of Hang Lung 23, the overseas campaign had sounded the clarion call to advance.