Reinventing the Millennium

The U.S. team of Yike briefly gathered in New York for two days. In addition to distributing the money that each person deserves to the domestic account in advance, Fang Zhuo, as the president, also gave a cash red envelope so that everyone could buy some gifts to celebrate the New Year.

After all, if you go abroad and buy some gifts that are all in English, no matter how practical the effect is... it will still give you a lot of face in front of the elders in your hometown.

In addition, the teams returning to various states have new tasks, observing the distribution of relevant terminal points and identifying suitable stationing points.

The United States is a vast country, and if you want to combine terminal channels, you must have a regional transit company with stable supply. And because of work visa and language issues, you have to consider recruiting people locally after the holidays.

Yike will not make any big moves before the Spring Festival. It will only focus on getting to know the situation and ensuring stable supply during the holiday. Fang Zhuo has decided to return to China on February 15th and has basically done nothing else. He only went to the front lines to listen to potential purchases. The thought of standing in front of M1 and P1.

"I wonder how the quality is? It's made in China."

“The reviews on Amazon are good and it’s cheap.”

“It’s cheap, but it doesn’t have a dedicated transcription platform.”

The questions Fang Zhuo heard about the product were not too unexpected, but some surprised him.

Some people think that China is an African country, and some people stuff products on the shelves into their clothes in front of him.

Someone else said conclusively: "I heard that this M1 is a mid-to-low-end brand invested by Apple. They want to maintain a closed ecology of computers."

Anyway, Fang Zhuo felt that what he witnessed on the front line added a lot of talk to him when he returned to China.

On February 15th, after Fang Zhuo had another call with a group from a different state, he took Pan Ben, Kong Yu, and two white men recruited by MIGA private equity fund to board a flight to Shanghai.

On this trip, someone from the MIGA Fund will visit Sina's management and make a request to add 5.4% of the shares to the board of directors. They will also talk about the senior background of the MIGA Fund, using the method of a foreign monk who is good at chanting sutras.

The flight was long.

On Fang Zhuo's left is Pan Ben, and on his right is Claude, a white man. Kong Yu and Davis, another official member of MIGA Fund, are sitting in the back.

Claude is a lawyer at a well-known New York law firm, specializing in commercial mergers and acquisitions.

Sina is a company listed on Nasdaq under the code name SINA. If you want to have any plans for it, you can't just rely on Fang Zhuo's idea. The actual operation involves multiple standards and different amendment requirements, which requires professionals to correct. .

Some law firms specialize in this work, and Fang Zhuo will hire an accounting team after the holidays to make preparations for accounting reviews, information disclosure, etc. that comply with U.S. legal requirements.

Fang Zhuo and Claude chatted about laws and regulations halfway, and Pan Ben, who stayed up late yesterday, fell asleep listening to a lot of specialized vocabulary.

Finally, the foreigner lost his energy and began to rest, and Pan Ben asked about Yike's financing situation.

"Mr. Fang, can we talk to Miller after the holiday?"

"Let's see. Now we need to introduce a new venture capital. It's not easy here in the United States. I'm considering using more of my own funds. I'll go back to China and see if there is any investment in Xiangjiang." Fang Zhuo Said calmly.

Pan Ben sighed: "I think we have done a good job, but why is it more difficult to attract investment here than at home?"

Fang Zhuo smiled and said: "It's okay, something is better than nothing. If it doesn't work, just let IDG come in. The current mainstream perception in the United States is that they are not optimistic about hardware projects, let alone a company from China."

"You think you have done a good job. In fact, Apple's Ipod sales are only slightly less than ours, but a listed company like it does this without much trouble. The market needs a process of acceptance and cultivation, whether it is This is true for both the consumer market and the investment market.”

Pan Ben nodded slowly and said: "It seems that our shipment volume is still not enough. If it can reach millions, these institutions will have to change their faces."

Fang Zhuo not only came into contact with IDG in the United States, but also had almost no threshold for negotiation with other companies. Xiong Xiaoge’s endorsement of IDG was indispensable, but the more this happened, the more he had doubts about the equity.

Not to mention anything else, he himself played with Xiong Xiaoge in front of Xiong Xiaoge with the shareholder's concerted action agreement.

Not to mention, Sina is still trying to decentralize its shareholding structure.

"Not necessarily. Sales of pure hardware can come and go quickly. Once Apple's iPod is compatible with Microsoft, our only competitive advantage in the eyes of venture capital institutions is product price, but low price also means profit. Low." Fang Zhuo said, "If you want to compete with Ipod in the United States in the long run, you still have to learn from it. This is what I emphasize to everyone..."

"The integration of software and hardware is really important. I saw an old news story a few days ago. Sony's current CEO Nobuyuki Idei made a judgment about hardware, saying that hardware is no longer valuable."

"I told the venture capital that hardware is valuable, and the president of another multinational group said that hardware has no value. He is not the only one. Many people say that hardware has no value. Who do you think the venture capital will believe?"

Fang Zhuo laughed at himself as he spoke: "They don't think this kind of hardware product can make a lot of money, so of course they are not willing to invest. Miller is one of the rare ones who has a big appetite."

Pan Ben's face was solemn, and he recalled the scene when he first met Smith, the vice president of IDG America.

Fang Zhuo picked up the juice, took a sip, and said leisurely: "102 years ago, there was a physicist named Kelvin in England."

"Huh?" Pan Ben was confused as to why he suddenly said this.

"Kelvin said in his New Year's speech that the building of physics has been built, and future physicists only need to do some tinkering work." Fang Zhuo smiled slightly, "But just five years later, Einstein proposed The theory of relativity, the edifice of classical physics was completely shaken."

He lamented: "Nowadays, everyone thinks that it is difficult to produce outstanding products in hardware. However, it has appeared and will soon break this perception."

Pan Ben followed the boss's voice and recalled the past and the present, feeling quite excited.

Fang Zhuo added: "However, its power still needs to be fermented. We are in this process now. Apple's iTunes is facing several companies' music copyright contracts. The case law in the United States is good for our subsequent launch of iMusic. Don’t worry, I’m getting more and more confident now.”

Pan Ben took a long breath and nodded.

Fang Zhuo glanced sideways at the white clouds outside the window, and then asked Pan Ben: "Isn't it more exciting to make such a product than in IDG?"

"Yes, I didn't think so at first, but after running with Mr. Fang, I suddenly realized that my previous job was very mechanical and boring." Pan Ben praised.

"Well, then let's talk to Lao Xiong when we get back this time, and you should resign from him." Fang Zhuo said kindly, "If your reputation is not right, your words will not be right. Since you are sincere in your career, Yike cannot treat you badly. .”

For some reason, Pan Ben's heart sank a little, and his chin clicked unconsciously. Well, he had to tell Mr. Xiong after all, go back and pick a time when he was in a good mood...

The chapter coded in the waiting room will not be coded on the train. I have finished my business trip and will make it up in the third update tomorrow.