Reinventing the Millennium.

Chapter 218 Dangdang is different

An excellent investor should be rational, be able to correctly judge project prospects, be able to abandon useless personal emotions, and be able to take responsibility for the company's capital.

Investors just want to use money + vision to make money.

As for an excellent company boss, it is necessary to gather more excellent investors around.

If Xiong Xiaoge from IDG Capital could not be called excellent, no one in the industry would dare to call him excellent.

Even though Fang Zhuo used it to attack him from time to time for "selling shares in Penguin", many people still think that this deal is a good deal at this time. The original investment has doubled by 8 times. Why are they not satisfied with this?
Just want to be happy, okay?
However, Xiong Xiaoge couldn't deceive his heart. He was quite optimistic about the development of Penguin, and he already regretted this move that was praised by the outside world.

Now, a business owner with no business ethics, worrisome character, who seems to have cheated himself once, and has an administrative background puts a very promising project in front of him...

In fact, as we all know, there is no conflict with a person's success without business ethics, poor character, and suspected fraud.

Xiong Xiaoge somewhat appreciated what Fang Zhuo had said.

- within the legal framework.

Success within the legal framework is not success, so what is success?

On the afternoon of the 24th, IDG Capital, which came to China from the United States, was quietly operating around a project.

If the product wants to enter the market of other countries to eat meat, it must make some pre-competitive preparations, otherwise, it is easy to be defeated at some critical moments.

IDG has weighed it and believes that the "Paris Convention for the Protection of Industrial Property" is more suitable for the current situation than the PCT procedure-China joined this contract in 85, and its speed can be much faster.

Xiong Xiaoge agrees with Fang Zhuo's judgment. Now is the stage of speed, and it is impossible for the Apple Ipod to ignore the vast number of Microsoft system users all the time, so it has to bite on it before it reacts.

Therefore, he can also understand why Fang Zhuo came to him so shamelessly. It is indeed difficult to find investors in the country who know more about it than himself.

At the end of October, the procedure of applying for the Paris Convention was included in the work arrangement of the patent firm. At the same time, Yike Technology carried out equity changes, set up the vests of Xiangjiang and the Cayman Islands, and set up a VIE structure to facilitate more operations.

Two days later, the package arrived at Hang Lung 23 in Shanghai after a long journey across the ocean, and it was opened in public at the executive meeting.

"Look, this is Apple's latest Ipod, is it better than our M1?"

"Mr. Xu, you chisel it open, let's take a look at the internal components."

Fang Zhuo didn't have the slightest pity, and gave the order to destroy the flower with his hands.

The scope of today's executive meeting is different from the first meeting for the strategic shift. IDG Capital sent Pan Ben, a vice president who is proficient in American affairs, to attend, and President Xu Xin of Capital Today came in person. Branch shareholders.

Shen Xin's Wang Fengyi, he was also present, so I wanted to see it more clearly.

Boom, boom, boom, boom.

One Ipod was roughly disassembled, and another Ipod in the package was circulated in the conference room for comparison with the M1.

"It's also Toshiba's 1.8-inch micro hard drive. I don't know which company the power supply is from. Oh, although the chip has been worn off, it looks familiar to me. Let me think about it."

In order to design the M1, Xu Keden tried almost all the mainstream parts in the world. He touched the components of competing products and said, "This is a chip from Texas Instruments! It's not better than ours!"

Fang Zhuo nodded slightly, and asked, "Mr. Xu, take that good TingTinge again and see how the product performs."

Xu Kedeng took the brand new iPod handed over by Xu Xin, connected it to the same newly purchased Apple computer, and connected it to iTunes.

The speed of music transmission made him change his face slightly, it was really fast.

After 10 minutes, Xu Keden, who made repeated comparisons, gave the answer: "The sound quality is very white. This is a common problem with the decoding chip. Apple has not solved this problem. The Walkman will be much better."

"Mr. Xu, not to mention the supported systems, do you think the Ipod has a better product performance than the M1?" Fang Zhuo asked calmly.

Xu Keden said without hesitation: "No, between brothers and sisters, and I think ours is more beautiful."

Fang Zhuo snapped his fingers: "Yes, beauty is also a very important factor."

He laughed again: "I just don't know whether the American market will accept our aesthetics."

Pan Ben from IDG Capital looked at the internal parts of the Ipod over and over again, and asked a question: "Is this Apple roulette the same as the M1?"

"The appearance is somewhat similar, but the internal solutions are different, but users can quickly find songs when using it." Xu Keden answered this question for Fang Zhuo, "This roulette design was submitted by my Jiaotong University student. applied for a patent."

Fang Zhuo added: "This patent has also gone through the procedures of the Paris Convention and has been submitted to the patent firm."

Pan Ben nodded, and continued to think about the meaning of the scene in front of him in silence.

Fang Zhuo scanned around, pointed at the Apple computer, and said, "It is true that Ipod also has an iTunes software development, and this platform for carrying digital music may also have great achievements, but at this moment, its attraction to users The power is greatly weakened because of the operating system."

"If we price the M1 at $319, will users pay $70 more for iTunes to buy an iPod?"

"I think that even if the iPod comes to Microsoft in the future, users may not."

"This is off-topic, and I want to make it clear again that the price of the M1 will have an impact on the iPod."

Fang Zhuo waved his hand, and an advertisement was placed on the projection behind him, with the Microsoft system logo and a sentence in English on it.

- Top tier Mp3 player cheaper than Ipod.

From reaching a consensus with Xiong Xiaoge to the present, Yike has started to do a lot of forward-looking work, advertising is only a small part of it, and it must enter the US market quickly and accurately.

After Fang Zhuo finished speaking, he looked at Xu Xin who had been silent all the time, and asked, "Mr. Xu, what do you think?"

Xu Xin, the president of Capital Today, unconsciously glanced at Wang Fengyi next to him. This trip to attend the meeting in person was the result of a few days of understanding over the phone.

She showed a complex and delicate expression, and sighed: "One Dang after another, Dangdang is different, today's capital has joined."

Fang Zhuo was the first to applaud: "History will prove the vision of today's capital, Mr. Xu is indeed an excellent investor!"

There was warm applause in the meeting room, and the atmosphere was quite harmonious.

Today is not only a meeting of executives, but also a meeting of shareholders. All shareholders and representatives of Yike are present.

"Then, I will pick someone here, and I will personally lead the team to New York next week."

Fang Zhuo did not have the timidity of unfamiliar markets, but only eager to try this once-in-a-lifetime opportunity.

"Hey, brother Fang, on behalf of Shen Xin, I am optimistic about this project." Wang Fengyi, who seemed to be forgotten, said weakly, and he had already been reduced to the third child.

"Okay." Fang Zhuo nodded and continued to talk about his own business, "Mr. Yu will stay in charge of the domestic market, and the dumb English will be practiced next time before we go abroad together. The domestic market is also very important. M1 must be in P1 Maintain the heat before going live."

Yu Hong frowned in response. The boss actually spoke much more fluent spoken English than herself. How could there be any reason for this?

"Mr. Xu, the situation of P1 depends on you. If the Ipod counterattacks, the price of P1 will be another powerful weapon." Fang Zhuo pointed out.

Xu Keden nodded, the difficulty of P1 is very small, just pursuing the best effect within the range of parts.

Fang Zhuo continued to arrange work, and as his voice echoed in the conference room of Hang Lung 23, the overseas campaign had sounded the horn of progress.

(End of this chapter)