Wall Street Legend

He is smart, but he is not God.

Ye Dongqing's energy is limited, which means he cannot personally make every decision in the company. He directly manages and holds shares in dozens of companies under his control, respectively through the Danshui Investment Group and the hedge fund department.

Fortunately, there are some professional managers in every company to help, and some founders or shareholders also supervise, so he only needs to occasionally take the time to provide advice on the development strategy as he does now, and he wants to make iPhone develop from the beginning. To get up, we must first cultivate the market through this iTouch and cultivate users who are accustomed to the IOS operating system and the use of wireless network devices to connect to the Internet. His suggestion is not wrong. Mr. Jobs and Mr. Cook agree with this view.

After all, the 3G mobile data transmission network has just started construction, and even California has not yet fully covered it. It is better to rely on the more mature wireless network, and the cost must also be taken into account. The current 3G traffic charges are not ordinary. Expensive, because the cost of infrastructure construction is too high, the communication operators got together and set a high price.

This is understandable. No one is forcing anyone to buy it. Those telecom operators have spent a lot of money on it. They are all private companies. We can't expect them to do charity. If they can't make money, who will? What about investing large sums of money in research and development and construction?

It’s not just about tinkering with things in the R\u0026D laboratory, the market environment must also be taken into consideration.

If iTouch, which is responsible for cultivating customer groups, is used now to influence a group of users who like to try new things, it will definitely be easier to promote them when the new products that they value most will be launched in the next one or two years. Ye Dongqing is suggesting at this moment Jobs and interim CEO Tim Cook should pay more attention to this aspect and do a good job in early investment.

As for whether others will pick the peaches, there will definitely be companies that will benefit from this, but with Apple’s current patent library and favorable advantages in device research and development progress, the gap with other potential competitors will definitely remain at more than one and a half years. , because unless Microsoft is determined to pour money into the market, it will hardly find any competitors in the operating system field in the short term.

As for Microsoft, Ye Dongqing has not heard of any research and development projects related to smart terminal operating systems, nor has he heard of the familiar name - Android.

Maybe the name has been changed, but more likely, with the arrival of Ye Dongqing, the founders of Android in the previous life did not develop this program in this life. When you have time, you can ask someone to investigate. The industry he is currently most concerned about It's a smartphone. Nokia's half-foolish and useless product Symbian, which is bound to be eliminated, has no right to stand in the way.

Drinking tea and chatting, time flies by.

After a brief exchange and unifying the next development ideas, Jobs talked about a small company that had just been founded. He asked Ye Dongqing: "Has anyone asked you to invest recently? A company called Blood Hope, someone seems to be investing in it." I heard that there has been some progress in developing a rapid test paper product for identifying diseases through blood tests.

My neighbor Larry Ellison is very interested in this startup company. He mentioned it to me at a party a few days ago. Now many companies are starting to express interest. Maybe you can try it too. "

Because he knew that Ye Dongqing had money and had established a hedge fund company, Jobs casually mentioned that if it weren't for a good relationship, he wouldn't be too lazy to meddle in such nosy matters.

Rapidly screen for a variety of diseases through blood test paper. If this technology really existed, the market value could easily exceed tens of billions of dollars. Regardless of the huge research and development costs of American pharmaceutical companies, with long-term patent protection, I think It is not difficult to make back the money, as long as you can develop a best-selling product and raise the price. For example, Viagra, which was not successful, has astonishing global sales.

However, the birth of "Viagra" is only a special case after all. Some pharmaceutical companies have made a fortune, while more often go bankrupt due to failed research and development. New drug projects either succeed or fail. There is no third way.

Ye Dongqing almost spit out the water after hearing this.

If he hadn't known Jobs's character, he would have even thought that Elizabeth Holmes, that weird woman, had dragged Jobs down and formed a team to deceive him.

When promoting medical concepts in Silicon Valley, where venture capitalists and wealthy people gather, I have to say that the woman’s calculations are all over the place, and she has tricked these guys who have little knowledge and still have money.

Just a few nights ago, if Ye Dongqing had opened the door, he might have had a "little story" with Holmes. Unfortunately, that crazy woman was not his cup of tea at all. The two Hiltons had already Crazy enough, but still pale in comparison to Elizabeth Holmes. At least they are not joking with other people's lives, and it is the lives of patients. Delaying patient treatment is tantamount to indirect killing.

There was a little bit of regret in her heart, but if the same situation appeared in front of Ye Dongqing again, Ye Dongqing would still not hook up with her, unless the two of them lived on a desert island with a member of the opposite sex beside her, then that would be okay consider.

Seeing that Ye Dongqing was stunned, Jobs was a little curious and added: "What are you thinking about?"

"It's okay. That woman is a liar. There is no product she said. The experimental data are all obtained through forgery. Whoever likes to vote can vote. Anyway, I won't vote. Knowing that you have a good relationship with Mr. Ellison, I can't vote. Advise him to give up, I have been in contact with that woman named Elizabeth Holmes twice, she is simply a lunatic."

"That's it." Jobs nodded and said, "I'll call him later and tell him what you said. Although you have money, you can't squander it everywhere. From what I know about Larry, , he will get very angry if he is cheated, that guy is quite arrogant."

It was only on this occasion that we talked about it. In fact, these two guys with the same bad temper really knew each other. When Jobs was not sick, he often made appointments to go out for runs together.

Mr. Cook, who was listening to them talking at this moment, said: "It has always been like this here in Silicon Valley. Many good projects have been buried. People who really concentrate on doing things are not paid attention to. Instead, there are some projects that have bright spots but have no future at first glance. , it is easier to attract the attention of investors. In the end, the founder paid himself a large bonus, defrauded the money into his own pocket, and immediately announced that the project failed and continued to create new projects.

There are so many people doing this kind of thing, it costs almost nothing, and the profit is very high. Not long after the Internet bubble crisis ended, I think the market is showing signs of overheating again. There is no problem with listed companies, mainly small and medium-sized entrepreneurs. The company has many problems. I went to a meeting more than half a month ago, and everyone said that their company is worth hundreds of millions of dollars. When they started talking, I almost couldn't help but laugh. One guy actually created a website to sell hot dogs online. , isn’t there a hot dog stand on the street? "

"Who makes the profits of venture capital so amazing? Everyone wants to meet the next Microsoft, Oracle, or my Facebook, Amazon, etc. The profits of hundreds or thousands of times are enough for people to take risks."

We were just chatting and had nothing to do. We had already made an appointment to have dinner together later.

Ye Dongqing specializes in this, so he naturally knows how big the profits are. Such high profits are enough to blind some people and make them ignore the risks in the investment process.

He is different. He has experience. Rather than investing in small companies that have just started, he is more willing to invest in listed companies that have already made some achievements, have high price-to-earning ratios, and have great development potential. Ever since he discovered that he is familiar with small things. , after heading towards an unfamiliar trajectory, Ye Dongqing no longer dared to invest solely based on the list in his mind. It was necessary to do sufficient analysis.

Sometimes I feel complacent. The reason is that if people invest according to the current industries of Tamsui Investment Group, they will be able to eat and drink without worries in this life. However, I can see that many people have to rush into the quagmire and wallow in the mud. This kind of standing and talking does not hurt their backs. The perspective makes Ye Dongqing find it interesting for some reason.

Now that I’m in Silicon Valley, there’s no reason why I shouldn’t make more new friends.

The next morning.

After Ye Dongqing woke up naturally from her sleep, she called Jobs and asked him to take Mr. Ellison and Mr. Gates to play tennis together.

A group of rich people can always find time for leisure and occasionally meet up to meet up. It can be regarded as his initiative to move closer to the small circle.

The relationship between these three people is relatively complicated. There is competition but also some sympathy for each other. In the middle of the process, Ye Dongqing got some words from Mr. Jobs, saying that the relationship with Gates is actually not as bad as people imagined because of the competition for the market. There were some conflicts and we kept in touch privately.

Speaking of which, Jobs and Gates are no longer on the same level. Judging from the current situation, this is indeed the case. Gates' personal wealth and achievements have crushed him in all aspects, even in terms of reputation. Speaking of the eighties, He was obviously a little bit embarrassed at that time, when he was much richer than Gates.

There is no despair. With the emergence of Ye Dongqing, Apple is currently developing a "secret weapon". In the car, this middle-aged man who had just recovered from a serious illness jokingly asked Ye Dongqing whether he must let Apple The company surpassed Microsoft.

What can Ye Dongqing say? In his opinion, this was inevitable. He laughed casually and fooled him, then took out the newly purchased tennis racket and unpacked it.

Tennis is as popular in the United States as golf. It is hard to say whether the latter can be called a sport. There is no strenuous exercise in the whole process, and unless the weather is really too hot, you will hardly sweat.

Tennis is different. Ye Dongqing occasionally lets his bodyguards practice with him. His skills are pretty good and his physical strength can definitely keep up.

It was more than half an hour later when he arrived at the tennis court with a beautiful environment. Seeing the mountain peaks, lakes and thick trees in the distance, he didn't really want to play ball. Instead, he wanted to eat some barbecue, lie down and bask in the sun.

When I see the luxurious buildings, I feel full of resentment. Why is it that no one criticizes Larry Ellison for building a mansion, but when it comes to myself, it turns out that "the soul is corrupted by money"?