The Science Fiction World of Xueba
Chapter 464 Don Valentine
Ren Zhengfei laughed and said, "This is not a routine, it's called getting what you need!"
Pang Xuelin pondered for a moment, then said with a smile: "Okay, then when I come back from the United States, let's discuss it and see what price is more appropriate to invest in Warwick!"
If he owns a stake in Warwick, then for Transwarp Technology, the existence of Warwick will be a very useful supplement. Pang Xuelin is looking forward to what kind of height the two companies will reach in the future when they join forces.
"Okay, then it's settled!"
After discussing with Ren Zhengfei about investing in Warwick, the next topic between the two became easier.
Talk about China's industrial development, and talk about the political and economic differences between China and the United States.
Time passed quickly, and the journey of more than ten hours passed by in a flash.
At two o'clock in the afternoon local time, the Dragonair plane slowly landed at Los Angeles International Airport.
Pang Xuelin and Ren Zhengfei bid farewell at the airport. Pang Xuelin and Sun Yansheng directly transferred from Los Angeles International Airport to San Francisco, while Ren Zhengfei and the others will stay in Los Angeles to participate in the CTIA International Wireless Communications Exhibition.
The San Francisco Bay Area is a metropolitan area in northern California on the west coast of the United States, with a land area of 18,040 square kilometers and a population of more than 7.6 million.
The San Francisco Bay Area is located around the San Francisco Bay at the mouth of the lower reaches of the Sacramento River. There are 9 counties and 101 cities and towns in total.
Major cities include San Francisco on the San Francisco Peninsula, Oakland in the east, and San Jose in the south. Silicon Valley, a world-renowned high-tech research and development base, is located in the south of the Bay Area.
The main part of Silicon Valley is located in Santa Clara County at the southern end of the San Francisco Peninsula, mainly including a section of valley about 25 miles long from Palo Alto to the county capital San Jose.
The total scope of Silicon Valley generally also includes some cities in San Mateo County in the southwest of the San Francisco Bay Area, such as Menlo Park, and some cities in Alameda County in the east of the San Francisco Bay Area. Like Philemon.
In this era, Silicon Valley is the kingdom of the electronics industry and the computer industry, and the pioneer and center of high-tech innovation and development in the world. Venture capital in this region accounts for one-third of the total venture capital in the United States. Computer companies in Silicon Valley have grown to about 1500.
A century ago, it was still an orchard, but since the headquarters of high-tech companies such as Intel, Apple, Google, Facebook, and Yahoo settled here, many prosperous towns have emerged.
In just a few decades, Silicon Valley has produced a large number of technology tycoons.
The main location feature of Silicon Valley is that it is supported by some of the top universities in the United States with strong scientific research capabilities nearby, mainly including Stanford University and the University of California, Berkeley, as well as several other universities in the University of California system and Santa Clara University.
Structurally, Silicon Valley is based on a group of high-tech small and medium-sized companies. In addition to companies such as Intel, Apple, HP, Cisco, Nvidia, Oracle, and Yahoo, in the next few years, large companies such as Google, Facebook, and Tesla will be born here. , integrating science, technology and production.
Scooper under Sun Yansheng is located in San Jose, the capital of Santa Clara County in the south of Silicon Valley.
In the next two days, accompanied by Sun Yansheng, Pang Xuelin conducted a comprehensive inspection of Skober Company.
Including the company's current financial situation, R\u0026D environment, patent layout, overall technical level of scientific researchers, etc.
In general, the impression of Skober on Pang Xuelin was similar to what he had expected.
The overall level of the scientific research department cannot be said to be very high. Although it is much better than that in China, considering that this is Silicon Valley, the strength of this company in the field of chip design can only be regarded as quite satisfactory.
The only thing leading is the accumulation in the field of MEPG-1 video compression technology, and because of the birth of Transwarp Technology, it has become dispensable.
In addition, the company's overall management is relatively general, and the atmosphere is relatively relaxed.
Perhaps this is also related to Sun Yansheng's technical background. In the real world, Skopper relied on his monopoly position in the field of video decoding chips to make a lot of money in the era of VCD explosion in China.
But in the Internet age, the company's business has gradually declined.
However, Pang Xuelin didn't seem too disappointed. To him, the existence of Skober was just a bridgehead for Transwarp Technology to enter the European and American markets.
According to his plan, after the acquisition of Skoop, Skoop's chip research and development department will continue to exist as the North American division of Transwarp Technology for a long time.
Of course, this is only a small role played by Skober, who has a more important task.
It will form a strong marketing department to be responsible for the promotion of Transwarp CVD in the entire North American market.
This kind of work is not easy to do, after all, the West has a stronger sense of copyright.
If Pang Xuelin wants to enter the US market, he must first reach a series of cooperative relationships with major Hollywood companies and obtain the corresponding film and television copyright authorizations in their hands before he can really show his strengths.
The money and energy expended here cannot be underestimated.
However, it is also worthwhile. As long as Transwarp CVD's products can be widely spread in the European and American markets, then any product under Transwarp Technology will have a stable sales channel in the future.
For Pang Xuelin, this is a sure-fire business.
Pang Xuelin stayed in San Francisco for nearly a week before he received a call from Benson Rafael.
Don Valentine was already waiting for him at a manor outside San Jose.
This morning, accompanied by Sun Yansheng, Pang Xuelin went straight to Valentine's Manor on the outskirts of San Francisco by car.
The manor was built in 1865, surrounded by forests, shaded by green trees, and has a beautiful environment.
There are actually tennis courts and golf courses inside the manor. Pang Xuelin saw Don Valentine swinging a club on the golf course in front of the manor.
As the founder and director of Sequoia Capital, Don Valentine is now in his early sixties.
He is not tall, less than 1.7 meters tall, which is quite short among white men.
His body is fattened horizontally, and he wobbles when he walks, which looks a little funny.
But his eyes were very sharp. When he saw Pang Xuelin for the first time, he took the initiative to greet him, stretched out his hand and smiled and said, "Mr. Pang, welcome to San Francisco!"
"Mr. Valentine, hello!"
Pang Xuelin stretched out his hand, smiled and shook hands with Valentine.
The two came to the table and chairs to sit down, and soon a waiter brought coffee drinks.
Valentine said with a smile: "Mr. Pang, I've heard your story, the genius boy, the small stock god of the Xiangjiang stock market, your star ring CVD is really a wonderful invention, I have one in my bedroom, this I used this CVD to watch movies every day for a few days, and it feels great!"
Pang Xuelin smiled and said, "Mr. Valentine, as long as you like it!"
Valentine laughed and said, "I'm not exaggerating at all. I have great confidence in this machine. I believe that as long as I work hard, this machine will soon sweep the entire North American market and Europe."
"Oh, Mr. Valentine, is that why you are so optimistic about Halo CVD?"
Pang Xuelin smiled slightly.
Valentine also looked at Pang Xuelin with a half-smile and said, "Of course, I'm optimistic about Xinghuan CVD, just like you are optimistic about Cisco!"
Pang Xuelin narrowed his eyes slightly, but did not answer.
Valentine said: "Mr. Pang, can you tell me why you are interested in Cisco?"
Pang Xuelin looked into the eyes of this old man, pondered for a moment, and decided to tell the truth: "Mr. Step by step, we should soon usher in the era of personal computer explosion, and as a supplier of Internet infrastructure equipment. I think Cisco's prospects should not be bad."
clap clap...
Valentine smiled and clapped his hands. Said: "Mr. Pang, well said, you are the first oriental person I have ever met who has such a clear understanding of the Internet."
Pang Xuelin smiled and said, "Mr. Valentine, you are overrated."
Valentine smiled and said, "Mr. Pang, since you think Cisco has such potential, is Cisco's shares only comparable to Transwarp Technology?"
Pang Xuelin was not surprised by Valentine's question at all, and said: "Mr. Valentine, I think you have underestimated the value of Transwarp Technology. As an audio-visual equipment supplier, Transwarp Technology has a very complete patent layout and strong It can be said that no matter which company wants to make CVD or DVD in the future, it is impossible to bypass the control of Star Ring Technology in terms of patents!"
Valentine's eyes narrowed slightly, and he turned to Benson Raphael who was accompanying him.
Benson Raphael nodded.
Pang Xuelin paused, and continued: "In the field of communications, Cisco still has at least competitors such as Ericsson, Nokia, and Alcatel-Lucent. But in the field of audio-visual entertainment, Transwarp basically has no rivals. Perhaps Cisco's market prospects are expected to It will be higher than Xinghuan Technology, but I think, in terms of its ability to make money, ten Ciscos may not be able to beat my Xinhua Technology!"
"Oh, can you tell me about your profit model?"
Pang Xuelin laughed and said, "Mr. Valentine, what do you think the price of Starlink CVD should be if it is rolled out on a large scale in the United States?"
Valentine pondered for a moment, and said, "Let's start with $700!"
Pang Xuelin smiled and said, "Then do you know how much the manufacturing cost of a Halo CVD is?"
"How much does it cost to manufacture?"
Valentine stared at Pang Xuelin Road.
Pang Xuelin stretched out a finger and said lightly: "100 dollars!"
After the voice fell, the entire golf course couldn't help but quiet down, only the sound of the wind blowing the leaves rustling.
Valentine and Benson Raphael couldn't help but look at each other. Although they were very optimistic about Halo CVD and even estimated the cost of Halo CVD, the figures given by Pang Xuelin were far beyond their expectations.
After a long time, Valentine laughed and said, "Young man, you are even better than I thought!"
Pang Xuelin smiled faintly, but did not answer.
Valentine said: "Mr. Pang, if you want Cisco's shares, I can give you 50 million shares, which is equivalent to 10% of Cisco's shares. I only have one condition!"
"What conditions?"
Pang Xuelin asked curiously.
Valentine said: "I want half of the profits of Star Ring CVD/DVD products in the North American market in the next 10 years!"
Pang Xuelin couldn't help being taken aback, and then laughed, this old man, the asking price is really not low.
According to Pang Xuelin's estimation, the market of CVD and DVD in North America is about 1.5 to 2 billion US dollars per year, and the profit is about 1 billion US dollars per year.
In the next 10 years, Valentine will take half of the net profit equivalent to 10 billion U.S. dollars, which is 5 billion U.S. dollars.
If you don't know the market value of Cisco in the future. For Pang Xuelin, this transaction was tasteless and a pity to discard it.
But based on Cisco's peak market value of US$550 billion, a 10% stake is equivalent to US$55 billion.
That is to say, Pang Xuelin exchanged Xinhua Technology's profit of five billion US dollars for eleven times the profit.
Where can I find such a business!
Of course, on the surface, Pang Xuelin would not show such emotions.
He pondered for a moment and said, "Mr. Valentine, I need to think about this. The reason why I am optimistic about Cisco is because the market prospect of the Internet industry is there, but I don't know where Cisco will go in the future. I'm sure. You are really a bit of a lion!"
Valentine said with a smile: "Okay, young man, I won't force you, how about this, I'll give you a week to think about it, if you agree, then we will start formal cooperation on this business, if you don't agree, That's okay, just treat it as a friend!"
Pang Xuelin got up and said with a smile: "Mr. Valentine, I'm sorry to bother you today. I'll take my leave first. I'll give you an answer after I think it over in two days."
Valentine said: "Okay, there is no rush."
Then, Pang Xuelin bid farewell to Benson Raphael.
Watching Pang Xuelin's figure disappear at the gate of the manor. Benson Raphael said: "Mr. Valentine, do we really want to transfer Cisco's shares to him?"
Valentine said: "Although Cisco has a good prospect, its shares have increased nearly 10 times in the past few years. We have earned enough. We should appropriately reduce some of our shares in Cisco and invest them in a more profitable industry. Wouldn't it be fun to do it?"
Benson Rafael pondered for a moment, nodded and said, "I understand."
On the other side, as soon as Pang Xuelin and Sun Yansheng got into the car, Sun Yansheng couldn't wait to ask: "Mr. Pang, Cisco's stock is really so valuable?"
Pang Xuelin smiled and said, "I'm just throwing stones to ask for directions."
Whether it is Cisco or Transwarp Technology, they are just a way for Pang Xuelin to lay out the Internet industry in the future and accumulate original funds.
For Pang Xuelin, no real profitable company has yet been established.
Google, Must Die, Baidu, Penguin, Taobao Empire...
These enterprises are the main force for him to make money in the future!
As for Huawei and Xinghuan Technology, they are used to conquer the sea of stars!
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