Wall Street Legend - Chapter 373

  Chapter 373 Gates

   Smart, yes, but not God.

  Ye Dongqing’s energy is limited, which also determines that he can’t personally make every decision in the company. He directly manages and participates in dozens of companies under his hands, and controls them 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 take time to give advice on the development strategy as he does now, and wants to let the iPhone develop from the very beginning. First of all, the iTouch must first be used to cultivate the market and cultivate users who are accustomed to the IOS operating system and to use wireless network devices to connect to the Internet. His suggestion is not wrong, and 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 been fully covered. It is better to count on the mature wireless network, and the cost must also be taken into account. The current 3G traffic charges are not ordinary. Expensive, because of the high cost of infrastructure construction, the group of communication operators teamed up to set a high price.

There is nothing wrong with this, no one is forcing anyone to buy it with a gun, those telecom operators have already spent a lot of money on real money, they are all private companies, you can’t expect them to do charity, if they can’t make money, who will buy it? What about investing a lot of money in research and development and construction?

   It is not enough to tinker with things in the R&D laboratory, the market environment must also be taken into account.

If you use iTouch, which is responsible for cultivating customer groups, to influence a group of early adopters, it will definitely be easier to promote 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 Mr. Tim Cook, the interim CEO, usually pay more attention to this aspect and do a good job in the initial investment work.

As for whether it will be picked by others. Certain companies will benefit from this, but with Apple’s current patent library and its favorable advantages in equipment R&D progress, the gap with other potential competitors will definitely be maintained for more than one and a half years. , because unless Microsoft is determined to throw money into the market desperately, it will hardly find any competitors in the operating system field in the short term.

  As for Microsoft, Ye Dongqing hasn’t heard of any research and development projects related to the smart terminal operating system for the time being, nor has he heard of the familiar name – Android.

Perhaps the name has been changed. It is more likely that 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 it. The industry he is most concerned about now It is the smart phone, Symbian, a semi-fool product that is bound to be eliminated by Nokia, is not qualified to block the road at all.

   Drinking tea and chatting, the time passed quickly.

After a brief exchange and unification of the next development ideas, Jobs talked about a small company that had just been established. He asked Ye Dongqing: “Has anyone asked you to invest recently? A company called Blood Hope, it seems that someone is It is said that some progress has been made in the development of rapid test paper products 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 the other day. Now many companies are showing interest. Maybe you can try it too. “

  Because he knew that Ye Dongqing had money and had established a hedge fund company, Jobs just mentioned that if he hadn’t had a good relationship, he wouldn’t have bothered to meddle in such nosy matters.

Rapid screening of various diseases through blood test strips, if such a technology exists, the market value can easily exceed tens of billions of dollars, despite the huge R&D costs of American pharmaceutical companies, but with long-term patent protection, think about it It is not difficult to pay back the cost, as long as a best-selling product can be developed and the price can be raised. For example, the global sales of Viagra are astonishingly high.

  However, the birth of “Viagra” is only a special case after all. Some pharmaceutical companies have made a lot of money, and more have gone bankrupt due to the failure of R&D. New drug projects either succeed or fail, and there is no third way to go.

  Ye Dongqing almost spouted water when she heard it.

  If he didn’t know Jobs’ character, he would even think that Elizabeth Holmes, that wonderful woman, had dragged Jobs into the water and ganged up on him.

  Promoting medical concepts in Silicon Valley, where venture capital and rich people gather, I have to say that the woman’s small abacus is clinking, and it is these guys who have little knowledge and money in their hands.

Just a few nights ago, if Ye Dongqing opened the door, maybe there would be some “little stories” with Holmes. Unfortunately, that crazy woman is not his type at all. Crazy enough, but still pale in comparison to Elizabeth Holmes, at least they weren’t kidding about other people’s lives, and they were the lives of their patients, and delaying their treatment was tantamount to killing indirectly.

There is a little bit of regret in my heart, but if the same situation happens to Ye Dongqing again, Ye Dongqing will still not hook up with her, unless the two of them live on a deserted island, and she is the only one of the opposite **** by their side, then that’s okay consider.

  Jobs saw Ye Dongqing stunned, a little curious, and added: “What are you thinking?”

“It’s okay, that woman is a liar, she doesn’t have the product she said at all, and the experimental data are all obtained through falsification. Whoever likes to vote, I won’t vote anyway. I know you have a good relationship with Mr. Ellison. Advise him to give up, I have been in contact with that woman named Elizabeth Holmes twice, she is simply crazy.”

“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 waste it everywhere. From what I know about Larry , if he is cheated, he will get very angry, that guy is more conceited.”

   It is only on this occasion that I will talk about it. In fact, these two guys with the same bad temper really see each other. When Jobs was not sick, he often asked each other to go out for a run together.

Mr. Cook, who was listening to them at the moment, interjected: “It’s always been like this in Silicon Valley. Many good projects have been buried. Those who really concentrate on doing things are not paid attention to. Instead, some projects with bright spots and no future at first glance. , are more likely to attract the attention of investors. In the end, the founders will give themselves a large bonus, and after cheating the money into their own pockets, they will immediately announce the failure of the project and continue to create new projects.

There are a lot of people doing this kind of thing, almost no cost, but the profit is very high. The Internet bubble crisis has just ended, and I think the market is showing signs of overheating. There is no problem with listed companies, mainly small and medium-sized businesses. The company has a lot of problems. I went to a meeting more than half a month ago. Everyone said that my company was worth hundreds of millions of dollars. When I opened my mouth, I almost couldn’t help laughing. A guy actually created a website that sells hot dogs online. , Is there no hot dog stand on the street? “

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

  Just chatting, have nothing to do, already made an appointment to have dinner together later.

  Ye Dongqing specializes in these things, and naturally knows how much profit there is. Such a high profit is enough to blind some people’s eyes and make them ignore the risks in the investment process.

He is different. He has experience. Compared with investing in small companies that have just started, he is more willing to invest in those listed companies that have made some achievements. Although the price-earnings ratio is high and the development potential is high, since he found that the things he is familiar with are small things. After going on an unfamiliar track, Ye Dongqing no longer dared to rely on the list in his mind to invest, and it was necessary to do a thorough analysis.

Sometimes they are self-satisfied. The reason is that people invest according to the current industry of Danshui Investment Group. They can eat and drink in this life without worrying about it. But they can see many people rushing into the mud and rolling. The angle of view inexplicably makes Ye Dongqing feel very interesting

  Since I have come to Silicon Valley, it makes no sense not to make many new friends.

  The next morning.

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

   A group of wealthy people can always squeeze out leisure time, and occasionally make appointments to get together, 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 a competitive relationship and at the same time there is some sympathy for each other. In the middle, Ye Dongqing said something from Mr. Jobs, saying that the relationship with Gates is actually not as bad as people imagined, because the competition for the market Only then did some conflicts arise, 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 80 At that time in the 1990s, he was obviously a little bit embarrassed. At that time, he was much richer than Gates.

Not desperate at all, with the appearance 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 even asked Ye Dongqing jokingly that in the future, Apple must The company surpassed Microsoft.

  What can Ye Dongqing say? In his opinion, this is inevitable, so he laughed casually, took out the newly bought tennis racket and unpacked it.

  Tennis is no less popular than golf in the United States. It’s hard to say whether the latter can be called a sport. There is no strenuous exercise throughout the process. Unless the weather is too hot, you will hardly sweat.

  Tennis is different. Ye Dongqing occasionally lets bodyguards accompany her to practice. Her skills are not bad, and her physical strength can definitely keep up.

   It was more than half an hour after arriving at the tennis court with a beautiful environment. Seeing the mountains, lakes and thick trees in the distance, he didn’t really want to play golf, but wanted to eat some barbecue, lie down and bask in the sun.

  When I saw luxury buildings, I was full of resentment. Why did Larry Ellison build a mansion and no one scolded him, but he became “the soul is corrupted by money”?

  (end of this chapter)