1991 Starting from the core

Su Yuanshan looked at Ding Lei seriously. He didn't believe that Ding Lei didn't know what "burning capitalists' money" meant.

——This means that the Internet R\u0026D Center, or its project, will be spun off from Yuanxin and then financed separately. It's similar to the original EDA.

Of course, it is inevitable that all businesses and departments of the Internet Center will be divested.

But in Su Yuanshan's plan, it's not now.

He also hopes that the Internet Center will grow more healthily for a few years under the protection of Yuanxin and his own intervention.

What's more... As far as the future development trend of the Internet is concerned, Su Yuanshan also wants to persist a little longer in order to gain more benefits.

But now, Ding Lei has taken the initiative to say that he wants to spin off the website business - and judging from Pony's attitude of following along, EM should also have this idea.

Then Su Yuanshan was a little confused whether the two of them felt that Yuanxin was delaying their desire to go solo, or whether they really "considered Yuanxin" and wanted to go out and develop on their own.

However, judging from Ding Lei's performance just now, it seems that he is thinking about Yuan Xin and does not want to "drag" Yuan Xin.

After thinking for a few seconds, Su Yuanshan hummed noncommittally, and then asked: "How much money do you think the website and EM can get in the first round of financing if they independently establish a wholly-owned subsidiary?"

Ding Lei and Pony looked at each other, and finally Ding Lei replied: "According to the market situation in Silicon Valley, EM can probably get 20% of the A round of US$8 million. The website is slightly worse, but if it is promoted in the future If it’s expanded, then it’s almost the same.”

Pony smiled and added: "Mr. Qin is right here. She is an expert. Just ask."

Su Yuanshan shook his head and said with a smile: "Haha, Mr. Qin usually only makes angel investments for Internet teams in their infancy, and basically does not get involved in such companies that have grown up and entered a period of rapid expansion."

"But your estimate is pretty good." Su Yuanshan continued: "Then your idea is to set up a wholly-owned subsidiary and go out independently?"

"It's not what we think, but what you think." Ding Lei said calmly: "Mr. Shan, you have to know that our Internet Center is no better than other departments. The money burned by other departments is money burned. That can be seen and touched. It is a leading industry. To put it bluntly, it is related to the future of our country’s science and technology.”

"But for the Internet, to be honest, its technical content is not very high. What we are fighting for is ideas, opportunities, and now we are still fighting for money... If we continue to invest and continue to see no returns, what will brothers in other departments think of us?"

Su Yuanshan remained calm on the surface, but sighed in his heart.

Ding Lei is right. Within Yuanxin, there is indeed some disapproval of the Internet Center - the simplest example is that in several departments in the special zone, those who work in factories have a good relationship and are a family, while those who work on the Internet are "Excluded". Except for necessary communication, there is usually no communication.

This resulted in the fact that among several departments of Yuanxin, Yuanxin's Internet Center had the lowest sense of presence - and Ding Lei's undergraduate status and age also made him a bit "inferior".

After all, this is Yuanxin. How can you be embarrassed to lead a team without a master's degree?

Thinking of this, Su Yuanshan finally made up his mind.

"In this way, you go back and make good preparations. Even if you want to divest, you have to wait until next year. There is still one quarter. You can report the project arrangements and funding gaps to see how big the difference is."

"good."

…

Su Yuanshan couldn't help but sigh in his heart.

No matter what the psychology of these two people is, at least they are really courageous and worthy of being the bosses in their previous lives...

Here, Zhou Xiaohui walked into the office after sending the two of them away. Seeing the emotion on Su Yuanshan's face, she hesitated and asked, "Did I give you a problem?"

"It doesn't count, haha..."

Then Su Yuanshan told Zhou Xiaohui what Ding Lei and Pony had in mind.

After hearing this, Zhou Xiaohui said in surprise: "Are they out of their minds? If they stay, they will definitely join Yuanxin Holdings...will they get off on their own initiative?"

"Actually, I can probably understand them. Yuanxin is a semiconductor company after all. They always feel a bit awkward under the Yuanxin system."

Zhou Xiaohui was speechless for a while: "...I'm not a big person, but I think a lot."

Su Yuanshan coughed lightly.

"Uh...I didn't say you, I said them."

"Ahem...I'll go talk to Mr. Chen."

Su Yuanshan left the office and walked towards Chen Jing's office.

Since the two of them have made up their mind to develop away from Yuanxin, he will definitely not stop them - when the Internet winter comes, they will return to the Yuanxin system sooner or later.

The Asian financial turmoil and the Internet winter are inevitable consequences of history and economic development, and cannot be instigated by any butterfly wings.

…

When Chen Jing heard Su Yuanshan explain the situation, she immediately showed her extremely professional qualities. She immediately considered how much profit the IPO after the spin-off would bring to Yuanxin, and how much loss it would cause if it continued to support it.

Then she came to the conclusion that the sooner the two businesses were divested, the better. Yuanxin could only make profits but not lose money.

"Sister Jing, can you show some emotion?" Su Yuanshan didn't know whether to laugh or cry: "After all, he is the biological child we hatched..."

Chen Jing pursed her lips and said with a smile: "You are even willing to sell EDA, so what do these two projects mean?"

"EDA is different. It must be sold. If you don't sell, the road will become narrower and narrower. You will be strangled to death." Su Yuanshan defended.

Indeed, EDA has been separated for more than a year. After several international giants invested, Zhiyuan EDA has successfully stabilized the market share of seven levels and withstood the antitrust investigation in the west.

So Jiang Wanchao's main task changed from seizing the market to consolidating the market and preparing for listing.

Once listed, Zhiyuan EDA will truly become an international software company. At that time, how to withstand the pressure of capital and shareholders will be another task for Jiang Wanchao.

"...Okay, I agree." Chen Jing tilted her head, accepting this statement. However, she was not as enthusiastic as Su Yuanshan about the Internet Center, and she thought it would be sold if it was sold.

Moreover, Su Yuanshan is a young master, so he can ignore Yuanxin's money and just spend it squandering... But she is different. She is the CEO, and her eyes are always on the money bag.

Yuanxin has spent a lot of money on infrastructure and procurement this year, and many departments have already overspent. You don’t need to wait until the end of the year to know that Yuanxin will definitely be losing money this year.

So Chen Jing was very happy to be able to send away two big spenders and still make money.

"By the way, it's National Day soon. How are your uncle's preparations going?" Chen Jing looked at Su Yuanshan with a somewhat serious expression: "Now his side is the main sales channel for our mobile phones. This National Day, the mobile phone department is also prepared. One hundred thousand units of goods..."

"If we can't sell our phones, it will be really difficult next year."