The Millennium Semiconductor Survival Guide

Chapter 108 Make up your mind to sell Quora

Hu Zhengming never thought of establishing an association before, and to put it bluntly, his coffee position is not enough.

At least for now it's clearly not enough. For scholars in science and engineering and other fields, they are socially awkward. Moreover, research in science and engineering requires thinking, and communication with peers can bring you inspiration. This kind of inspiration still needs to be combined with your own thinking to create value.

Think more than communicate. Scholars in the humanities and social sciences also need to think, but the role of communication will be greater.

The timing of the establishment of the Committee of 100 was also ingenious. At that time, many people gathered in I.M.

Compared with I.M. Pei, Hu Zhengming's reputation is still far behind.

The more important reason is that money is needed to establish an association, and what is needed to maintain the operation of an organization is cash flow or a large sum of money.

In the initial stage of the association, a funder is needed, and membership fees can be collected from members, but this kind of association of experts in the field of science and engineering, to put it bluntly, everyone has no money, and the membership fee that is willing to pay for joining an association is extremely limited.

The membership fee of the Committee of 100 is only one thousand dollars a year. The initial membership fee is a drop in the bucket to maintain the operation of the organization, and it is not enough for the annual salary of a staff member.

Therefore, after Zhou Xin proposed, Hu Zhengming thought while talking. He realized that he and Zhou Xin had natural advantages in wanting to do this. The only disadvantage was that he was not famous enough.

After thinking about it, Hu Zhengming continued: "In this way, just the two of us are not enough. I will contact some of my friends in the next two days. Then I will invite them to San Francisco. Let's discuss this matter together."

"Now there are only the two of us, which is obviously not enough. The two of us can take into account very narrow areas."

Zhou Xin asked weakly: "Professor, who are you going to hire?"

Hu Zhengming was a little puzzled: "What big bull?"

Zhou Xin explained: "It's top scholars and experts. I like to use bull to describe a person who is powerful and bullish.

A Maverick is an ordinary person, and a Da Niu is a top person. "

Hu Zhengming smiled and said: "So that's what I mean, I plan to call Qiu Chengtong and Zhang Zhongmou up.

Cheng Tong, like me, is a Ph.D. student at Berkeley. He and I entered Berkeley almost at the same time in 1969 to study for a Ph.D.

He's more talented than me, he got his Ph.D. in two years, I spent four, and we've been in touch.

Cheng Tong is a top scholar in the field of mathematics. He is indeed a master. He has not joined any organization. At the same time, he is very interested in exchanges with Huaguo. I plan to ask his opinion.

In addition, Zhang Zhongmou is the chairman of TSMC. He is an expert in the field of integrated circuits and a first-class entrepreneur. His joining will attract a large number of experts in the field of integrated circuits. "

Before Liang Mengsong and TSMC fell out, the relationship between Hu Zhengming and Zhang Zhongmou was good. Hu Zhengming also left Berkeley to go to TSMC as the chief technical expert.

Hu Zhengming seemed to think of something: "I can still go to Li Zhengdao and Ding Zhaozhong, Yang Zhenning is a member of the Committee of 100, Li Zhengdao and Yang Zhenning have always looked at each other differently.

Therefore, Li Zhengdao did not join the Committee of 100. He should be interested in it, but I am not familiar with him, so I have to find someone to bridge the gap.

I hadn't come to Berkeley when he was working in Berkeley, but he had already gone to Princeton when I came. "

The conflict between Li Zhengdao and Yang Zhenning mainly lies in the order of the authorship of the cooperative papers.

"Okay, so I will have more confidence in establishing this association." Zhou Xin thought in his mind, and this time he will not give TSMC a break.

But for Zhou Xin, the only problem now is that he has too little money.

This amount of money is more than enough for personal life or to do small things.

But when it comes to starting a business in the semiconductor field, this amount of money is a drop in the bucket.

"It seems that we need to find a good buyer for Quora as soon as possible." Zhou Xin thought.

Mainly, Zhou Xin remembered that Lin Benjian was about to join TSMC, and developed 193nm immersion lithography technology in just two years.

Lin Benjian worked in IBM for 22 years, and then started his own business. He joined TSMC in 2000. After joining TSMC, he made great contributions to the process breakthrough of lithography machines.

Zhou Xin remembers the specific time very clearly in 2000, only half a year before 2000. Zhou Xin planned to use the association to get acquainted with Lin Benjian first, and then invite him to start a business and set up a company specializing in lithography machines.

At the same time, using the relationship with Zhang Zhongmou, they provided the lithography machine they developed to TSMC.

Engaging in lithography machines is not something that can be done with a little money.

ASML had 3,700 employees worldwide in 1999, and the labor cost alone was about 700 million euros a year.

The sales of ASML in 1999 was 1.197 billion euros, the net income was 81 million euros, and the estimated labor cost was around 700 million euros.

Lithography machine, Zhou Xin has not been engaged in a similar industry before, but he expects to start with at least 500 million US dollars in cash.

As for raising other people's money, he has no such plan, because once there are other investors, these investors will have profit requirements, and they have no patience to wait for the company's growth.

Of course, it's also an important reason why they don't have a full-view perspective like Zhou Xin.

Selling a company, even a company of the size of Quora, is not that easy. First of all, it is necessary to prepare for tax avoidance.

As for tax avoidance, Zhou Xin had a plan after learning that the tax on selling Riot games was so high. He consulted with a tax consultant.

Judging from his status and the huge amount of money he sold Quora, at least he has to pay about 20% tax.

However, if you don’t take this money now, you won’t get it for nothing, and you won’t get it when the Internet bubble bursts.

Secondly, the buyer definitely needs to do a full audit before paying, which is at least three months.

Therefore, when Zhou Xin planned for Hu Zhengming to contact Zhang Zhongmou and Qiu Chengtong, he immediately found a good buyer for Quora.

Zhou Xin nodded: "Okay, Professor, don't worry if you contact me."

Hu Zhengming: "I'll get in touch first, and then we'll get together in San Francisco to discuss the establishment of an association in detail.

You should pay more attention to the laboratory recently, and write at least one paper for me this year like last year.

Although the principal told me that to allow you to graduate, try to let you finish your doctorate at Berkeley, and you can appropriately lower your graduation requirements.

But I will not lower my request. "

Zhou Xin thought to himself, the old man really can't put water on this. In order to get a doctorate in future generations, I feel that I have peeled off a layer of skin.

"Bill, I plan to sell Quora as a package, including Quora and Quora Encyclopedia." Zhou Xin first approached Bill Gates.

Only he can charge a high price, and with Microsoft's wealth, it is easy to charge tens of billions.

Zhou Xin continued: "I have a total of about 87% of Quora's shares in my hand. I plan to sell them all. Is Microsoft or you yourself interested in taking over?"

In Bill Gates' villa in Seattle, Bill Gates' face was full of surprise: "Are you really going to sell?

Isn't Yahoo Answers a threat to Quora in the slightest?

I read Silicon Valley News, Quora has become the second most visited website in the United States, second only to Yahoo.

Quora should break even, right? I answered three questions above, which already brought me $150,000, and Quora took $120,000 out of it. "

Bill Gates 150,000, questioners 150,000, a total of 300,000 US dollars, Quora draws 30%, 30/7*3, almost 120,000.

"The paid Q\u0026A on Quora is so active, Microsoft's business investment department has estimated that Quora has definitely achieved a breakeven, and even achieved a substantial profit.

Why is such a good company so eager to sell? "

When things go wrong, there must be a demon. Although Bill Gates doesn't know this sentence, he understands this truth.

Zhou Xin explained: "Quora is a good company. I can tell you that it has achieved profitability. If you really want to buy it, you can ask KPMG or Deloitte to do an audit.

Pay after no problem.

Simply because my energy is limited, I plan to start a business in another field. This field requires a large amount of capital investment, and I am very short of money now. "

Bill Gates said directly: "If you are short of money, you can ask any investor at any time.

From Silicon Valley to Wall Street, no investor can resist Newman.

Oh, I have countless Wall Street friends whispering in my ears, can you introduce Newman to me, we want to invest in Newman's project. "

This is always the case in the investment world, chasing successful people, the more successful you are, the easier it is to get investment.

With Zhou Xin's record of victories in all battles, he only needs to release his name, and he doesn't even need to tell investors the name of the project.

Reminiscing about his previous life, Zhou Xin was struggling to invest in Hahala, and even recruited a public relations expert. To put it bluntly, he was able to drink, dare to drink and know how to drink, and he was able to make the donor happy.

"My new venture project is a physical project." Zhou Xin said.

Bill Gates raised his vigilance: "You don't want to be a game console, do you? We are going to head-to-head on the game console battlefield again?"

Backed by Riot Games, Bill Gates really doesn't have the confidence to face Zhou Xin head-on on the video game track.

The advantage of Microsoft is money, and the only thing left is money.

Yahoo also has money, and when it comes to battles involving specific subdivisions, the effect that money can play is very secondary.

Zhou Xin smiled inwardly. It seems that these few battles between him and Yahoo made Bill Gates fearful.

Mainly, Microsoft failed to defeat Yahoo in the field of portal websites, and Yahoo failed in the question-and-answer community and game community.

"Don't worry, I have no plans to make a game console in the short term.

And now that I start making game consoles, it will take at least three years before I can produce the finished product. Your project approval time is much earlier than mine.

With time and capital advantages, I never thought of competing with Microsoft in this field.

I plan to do consumer electronics, such as Philips, mobile phones, TVs, computers and the like.

It costs a lot of money, and I have never proven myself in this field, so there may not be any investment institutions willing to invest in me. "

Li Zhengdao and Yang Zhenning co-wrote two papers, the general title is "Statistical Theory of State Equation and Phase Transition", the first "Condensation Theory" is signed by Yang Zhenning and Li Zhengdao, and the second "Geqi and Ising Model" The signatures are Li Zhengdao and Yang Zhenning.

After the first paper is completed, the signatures of the collaborators should be arranged in the order of the first letter of the surname according to the convention, which should be "Li Zhengdao and Yang Zhenning". However, Yang Zhenning suggested that if Li Zhengdao didn't mind, he would like to be in the front row because he is four years older than Li Zhengdao. Li Zhengdao was surprised by this request and reluctantly agreed.

When signing the second paper, Li Zhengdao persuaded Yang Zhenning to change it according to international practice.

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