Reinventing the Millennium

It is better to buy than to make.

This is a very popular statement on many levels.

Fang Zhuo was not just talking nonsense, he had actually been asked this question. Unlike the grudge he showed now, he just laughed it off at that time.

As for Mr. Zhang of Sohu, it is no longer a lie. Not only is she a beautiful woman with beautiful cars, but she also jumped directly into the entertainment industry.

It is true that it is better to buy than to make, it is true to live a rich life, it is true to be nervous about winning the championship, and it is true to enjoy the city celebration parade.

The vast majority are true.

Why can't I, Fang Zhuo, enjoy life and choose an easier path?

Whether it was Goldman Sachs Xu Kaiwei, IDG Xiong Xiaoge, or Wu Hongquan, the local representative of Luzhou SDIC, when they heard this, it was difficult for them to criticize Mr. Fang’s decision.

Especially the latter, the ice core project is a real project and the funds are really invested.

In addition to ice core, Mr. Fang also led the cooperation between Changhong and Meiling, introducing Hu Zhengda’s IC design project to be implemented, including Baodao’s Morningstar Semiconductor, which also regarded Luzhou as a mainland center.

In addition, Luzhou is in contact with two packaging manufacturers, which are likely to enter the ice core industry as a downstream link.

A large project is followed by several small and medium-sized projects. Their impact on the city of Luzhou has been the focus of discussion at many meetings of the new leadership this year, which also involves the use of this as a center to the higher administrative levels. Policy applications made.

Wu Hongquan fully understands the significance.

He doesn't know anything about technology. He only knows that Mr. Fang has built a city's development hope from scratch in the past two years.

This hurried trip abroad was due to receiving a notice from Mr. Xu of Goldman Sachs, saying that there might be a cooperation involving changes in equity. It vaguely mentioned Mr. Fang’s withdrawal, but I was really dazzled by Mr. Fang’s luxurious life abroad, and suddenly heard his own words. recognition...

Wu Hongquan's heart felt so cold, as if he was returning from hot summer to cold winter.

Although the leader told him to "listen more and talk less" when he arrived, he still couldn't help but speak first without noticing that his own voice was shaking a little: "Mr. Fang..."

Wu Hongquan couldn't continue after saying these two words.

What to say?

Advise Mr. Fang to put the overall situation first?

Who is the big picture? Where does the big picture come from? In what capacity?

Because someone has already given you, do you have to ask for more? If you don't continue to give, will you turn your back and become an enemy?

There is no such truth.

But Wu Hongquan could not say anything to support Mr. Fang's decision, so he remained silent.

Zhang Hongli next to him listened to Mr. Fang's words, half of his attention was on Wu Hong. Seeing his complicated expression and trembling tone at this moment, he nodded slightly in his heart. If Mr. Wu's behavior is all acting, then it really should be Get on a plane and go to Hollywood now.

Wu Hongquan couldn't say it, but he could.

Zhang Hongli said easily: "Mr. Fang, what rank are you in, and what rank is Sohu in? It's okay to have fun, but don't be like Mr. Zhang and get lost in playing with things. You have to put the overall situation first."

"Bah." Fang Zhuo scolded with a smile, "If I hadn't been in such a good mood these days, just what you said, I would have been dragged out in a sack today."

Zhang Hongli feels that being able to joke means that there is still a good space for communication.

At this time, Xiong Xiaoge felt that he should also talk and said: "Mr. Fang, I have not cooperated with you once or twice at IDG. We are old acquaintances and old friends, and this time I am in front of Mr. Xu and the others." Now, I have to say, it’s unethical for you to quit just after the ice core is halfway done.”

"Part of the reason for IDG in the first place was because of your reputation as President Fang. You left on your own and left your old brother behind. Isn't this inappropriate?"

"Mr. Xu from Goldman Sachs helped get the license for that technology. Connor from DCM was the first to put the funds in place without hesitation. Mr. Wu from Luzhou SDIC today is not representing himself and the company, but representing Luzhou. Over there. Such a good policy.”

Zhang Hongli coughed lightly.

Xiong Xiaoge glanced at this person and added: "Mr. Zhang from Deutsche Bank also spent a lot of effort to facilitate our exchange and is very concerned about the future development of ice cores."

Zhang Hongli believed that Xiong Xiaoge deserved to be defrauded by Mr. Fang.

Xiong Xiaoge said seriously: "Mr. Fang, you have to give us an explanation."

Fang Zhuo glanced at the four venture capital companies, then took a final look at Wu Hongquan of Luzhou SDIC, spread his hands, and said in a dumbfounded voice: "I think everyone has complicated this matter."

He first said to Wu Hongquan, who had no gambling agreement: "Mr. Wu, the ice core is on Yuhu Road, and it cannot escape. After mass production, it will usher in a wave of rapid development."

Wu Hongquan was like a wooden man, he just listened to what Mr. Fang said without nodding or shaking his head.

Fang Zhuo then said to others: "Regarding ice core, I did not make a hasty decision or leave hastily. Mr. Zhang Rujing of SMIC, he is an expert who has been involved in the industry for decades and is a Taiwanese reporter. Zhang Zhongmou is a man who has trouble sleeping and eating, so I feel relieved to put the ice core in his hands."

"The sky will not fall in the ice core, and it will even develop better. This is one of them."

"Secondly, it was precisely because of your original support that Bingxin, under my leadership, made an exception and provided a window to cash out the gambling agreement in advance. You IDG, Deutsche Bank, Goldman Sachs, and DCM are all profitable businesses. , can there be anything better than this in the world?"

Fang Zhuo was a little surprised: "So, my reaction to you is really strange. Lao Xiong, Mr. Xu, Mr. Zhang, and Connor. This is my care for my friends, not any harm to you."

He finally said unceremoniously: "If it were my style two or three years ago or three or four years ago, such a good thing would never have happened."

The four of them were speechless.

After a moment, Xu Kaiwei spoke: "Mr. Fang, we feel sorry. Giving up halfway will never be a good feeling. Both Bingxin's employees and us shareholders have always had higher expectations for Bingxin."

Fang Zhuo picked up the cup, took a sip of tea, and said calmly: "Since the first day I worked for the ice core, many people have advised me not to enter semiconductors. There are also many people in the industry who have criticized me in the process and are not optimistic about me. To be honest, I am very satisfied that the ice core has reached the stage of mass production today."

"How many companies like this are there in China? Just SMIC and Bingxin."

"I really don't understand technology. From the establishment of Ice Core to now, I feel more and more that this shortcoming of mine is likely to hinder the correct decision-making of Ice Core. This is also a major reason why I am willing to leave Ice Core."

"I can rest assured when I hand over the ice core to Mr. Zhang Rujing. He will not let down the engineers of the ice core, nor will he let down the policies given by Luzhou."

He said frankly: "I am not ashamed."

Fangzhuo has done a lot of work from establishing the project and raising funds, building a team, choosing a city, attracting talents, starting construction, obtaining permits, overcoming the manufacturing process, positioning demand, risk mass production, and now official mass production.

Today, ice core has a solid foundation for development.

When Wu Hongquan of Luzhou State Investment Corporation heard this, he sighed deeply and couldn't bear to collude with the four venture capital companies anymore. He stood up and said sincerely: "Mr. Fang, you are not ashamed of your heart. You have worked hard and achieved great results. I can only say this on my own behalf." A thank you."

"No matter what the future holds for the ice core, no matter who will be in charge of the ice core in the future, whether it is Mr. Zhang or Mr. Qiu, Luzhou will spare no effort to support its development."

"Mr. Fang, thank you."

Wu Hongquan stretched out his hand.

He listened to Mr. Fang's sincere voice and completely forgot about his leader's instruction to "listen more and talk less". It was going to rain and Mr. Fang was about to leave. What could he do?

Fang Zhuo also stood up and shook hands with Mr. Wu, and said with a smile: "Even if the shares are sold to SMIC, I will be the honorary chairman. Luzhou is my hometown. In the future, other investment and construction will be indispensable. Regarding the ice core, Mr. Wu, you Don’t worry, I will communicate with the leaders and I won’t let Luzhou Guotou take the blame.”

Wu Hongquan was even more grateful when he heard this.

He shook Mr. Fang's hand firmly and left the meeting room resolutely, planning to call the leader later so that he could prepare for his departure back to China.

The venture capital trio looked at this scene and were not shocked at all by the performance of the two people. Instead, they felt a sense of regret, "Why did I call this person here?"

When Xiong Xiaoge looked at Wu Hongquan's emotion, he felt a little doubt in his heart, Fang Zhuo, he didn't even deceive me, right? Is it real or fake? Is it possible that Bingxin is really close to negotiating with SMIC?

Considering Fang Zhuo's past cases, he felt that he still had to talk in private.

Fang Zhuo laughed and sold his shares, while he was still helping to count the money.

"Let's just say it like this. I'm very honest and we understand each other." Fang Zhuo did not sit down again and was about to end this communication.

The VC quartet sat motionless.

Fang Zhuo laughed: "I have other things to do, and Mr. Wu has also left. Just say what you have to say. You know the domestic economic development. There will be many opportunities for cooperation between us in the future, so it won't be like this." "

The more calm and relaxed Mr. Fang is, the more magnanimous and natural he is, the more regretful and unwilling his venture capital friends will be.

Connor has his own judgment. Yesterday he felt that Mr. Fang really enjoys the achievements and life here, and Yike's own business is booming. It is not surprising that he learned bad things from Mr. Zhang of Sohu.

Xu Kaiwei saw Wu Hongquan leaving with a mixture of gratitude and disappointment, and put aside most of his doubts.

Only Zhang Hongli was still doubtful.

"Mr. Fang!" Connor stood up and shouted in a loud voice, "Bingxin has come to this point! Even if you don't think about us, you should think more about China's semiconductor industry!"

Fang Zhuo listened to the shouts of the American CEO and felt his Bethune spirit. He almost laughed out loud and waved his hand: "Connor, it's not that bad. The earth will turn around without me. The semiconductor industry will not lack anything without me."

"SMIC holds Ice Core, will the future development of Ice Core be in line with your plan for it?" Connor deeply felt that the building was about to collapse and a lot of money was about to leave. He persuaded hard, "One thing, Mr. Fang, you have to do it too." Think about it, Taiwanese reporters won’t just give up on SMIC!”

As soon as these words came out, not only Fang Zhuo, but also Xiong Xiaoge, Xu Kaiwei, and Zhang Hongli all looked at DCM's president Connor.

Fang Zhuo sat back and said slowly: "Connor, what do you mean? The Taiwanese reporter and SMIC have reconciled."

"There is no way this will be the final reconciliation!" Connor said firmly.

Xu Kaiwei frowned and said, "What news do you have here?"

Goldman Sachs still has shares in SMIC. If there is really any bad news...

While Bingxin and SMIC were discussing cooperation, they asked the media to hype up the matter, raise SMIC's stock price, and let Goldman Sachs go first.

Xu Kaiwei changed his mind instantly.

Connor shook his head first, and then said firmly: "I guarantee it with my personality!"

Everyone in the room fell silent.

If this news, guaranteed by the personality of the DCM president, were true, the situation would be completely different.

If SMIC cannot protect itself, how can we promote the development of ice core?

In the end, even the technical license was withdrawn due to incomplete guarantees.

Zhang Hongli had a lot of thoughts.

Fang Zhuo considered it and said: "If this is the case, I may have to do more research on the buyer. SMIC can definitely help Bingxin, and Beijing can definitely find funds to come in, but no matter what, don't worry, I am not in a hurry. We will definitely do our best for the development of ice cores.”

Xu Kaiwei became more proactive and sighed: "Mr. Fang, everyone here respects your ability and judgment. There are policies on the ice core, Qiu Ciyun and Hu Zhengming are in charge below, and there are friends like us outside to help, why not build a domestic What about the semiconductor business?”

He looked at Mr. Fang and said sincerely: "I know that Yike is developing very well now, but you can't make enough money. Semiconductors are a business that can leave a name in history. Mr. Fang, please think more about it!"

Connor also said: "The ice core has just been put into mass production, the market is unstable, and the technology is still lagging behind. If you are not careful at this juncture, you will lose everyone. Mr. Fang, please think more about it!"

Xiong Xiaoge followed up and said: "You personally went to the capital to implement the policy for the Ice Core project. Not only Luzhou and the Ice Core, but also us. The leaders also have high expectations for this matter. Mr. Fang, please be careful. !”

No matter how doubtful Zhang Hongli was, he was more willing to see things go smoothly. He said seriously: "Mr. Fang, you, you, please help me!"

His mind was full of thoughts, and his mouth was accentuated by the atmosphere. He stuttered twice and said just this sentence.

Fang Zhuo was speechless: "Mr. Zhang, why are you venture capitalists so humble?"

He shook his head: "It makes it seem like I'm bullying you VCs."

Xiong Xiaoge said quietly: "Mr. Fang, everyone believes that you can make the ice core better. It's not just the current situation. We are all honest. Do you have to leave?

The four people stared at Mr. Fang following these words.

Fang Zhuo was silent.

Connor saw a turning point: "Mr. Fang, there are no outsiders here. If you have any difficulties, you can speak out."

Fang Zhuo nodded slightly: "Connor, since you have new information and use your personality to guarantee it, then I have nothing to hide. You also know that my e-commerce company participated in the acquisition of Android Company, and there will be projects in the future. With the adjustment of focus, Yike’s funds must remain healthy.”

"The current situation of the ice core is that we don't know when it will be able to form hematopoietic cells and circulate properly. Professor Hu Zhengming and Hu want to increase R\u0026D funds, and President Qiu Ciyun and Qiu also proposed to build a second production line."

"Bingxin must learn from China Core and develop vigorously so that it can rush to the stock market and raise more money to expand its scale."

"This part of the pressure is also one of the reasons why I considered letting SMIC take over. They have the ability to promote the development of ice core."

Fang Zhuo said no more.

The alarm in Zhang Hongli's heart kept ringing, I'm going to see you, I'm going to see you! !