Reinventing the Millennium.

Chapter 374 Entrepreneurship by Charity (Two in One)

Today is not the past.

When Fang Zhuo was sitting in the President's Office of Hang Lung 23 and calling his friends in his mobile phone address book, he couldn't help but think of a night three years ago, when Sequoia's vice president Zheng Lang went to Luzhou overnight to watch the project...

Oh yes, Zheng Lang seems to be very busy, and he planned to go to other places after visiting Luzhou.

That night, in order to make Guahao.com look decent, even the office was rented daily...

It’s different now, not only the office, but the entire floor belongs to your own company, and you don’t need to organize words in your mind over and over again when looking for someone to invest in, and you don’t need to rely on data to inject moisture.

We have reached different stages in our life and career.

Although, there is still a lack of money!
"Pony, when will Tencent be listed? Come out and sit down when you have time, my fund is waiting for you to go public so I can buy your stocks."

"It's like this, it's not a big deal. I'm going to support our domestic semiconductor industry. This aspect is too backward. Many leaders also pay attention to this area, so I volunteered to say that I will try it."

"However, semiconductors are really expensive, especially if I want to build an advanced production line. I called Zhang Chaoyang just now, thinking that we will all invest in investment, sponsor sponsorship, and start the project. He enthusiastically agreed, so I thought about it. There are a few more, I want to ask what you mean."

"Hey, okay, let's see what happens, and wait for the good news of your listing."

……

"Hey, Mr. Zhang, Sohu's market value has been pretty good recently. It has already surpassed the initial issue price. Congratulations."

"Where is it, I actually admire Mr. Zhang very much. To be honest, Sohu and Sina are the only portals in the world. This is my personal opinion."

"Oh yes, there is a small matter. I was entrusted by the leader to set up a fab project to support the domestic semiconductor industry. I called Pony just now, and he enthusiastically agreed. Pull a few, this is not calling you."

"Don't worry, I definitely voted more than you all, I know it, give me noodles, come on, I'll find you in the capital for dinner."

……

"Hey, Boss Niu, it's me, Fang Zhuo."

"You're welcome. I looked at the company's stock price today and suddenly remembered that the bet I made with Mr. Niu last year seemed to have expired. The current stock price of Sina has already exceeded the bet made in last year by a lot."

"Hey, hey, Mr. Niu, don't take it seriously, it's just a joke. The development of the Internet industry has made progress. Not only people in the industry like me are happy, I believe Mr. Niu is also pleased."

"The spring of the Internet is here, but there are still many industries in China that are backward."

"Today, there was such a thing. I was entrusted by the leader to build a semiconductor fab. I wanted to raise funds, and I also wanted to show the leader the responsibility of our domestic entrepreneurs."

"Hey, let's go, it's a good story to spread."

Success is the best bargaining chip, and worth is the most beautiful PPT.

What Fang Zhuo made was a phone call, but what Fang Zhuo got back was money.

He has never hesitated to talk about the word "leader" when necessary, and the head of Lanhua District is also a leader, so he really cares about him.

Fang Zhuo’s last phone call was to Mengniu Niu Gensheng. When he was recording a program on CCTV, he had a one-year bet on the Internet. At that time, there were Mengniu, Huiyuan, and Jardine Ventures. The bet was [-] units. Science player, the content is that Sina’s stock price will inevitably double within a year.

Now, Sina's stock price has already exceeded several times, but the bet has not been implemented.

Taking advantage of calling the people in the address book, he simply turned this bet into an investment. If it succeeds in the future, it will be a good talk.

Most of the people Fang Zhuo contacted on the phone tended to agree, no matter how much it was, the face was given.

When he put down his phone, he felt a sense of satisfaction in his heart.

With the phone calls that were made, Fang Zhuo also had new ideas on how to use the money. He planned to pool the money from different companies to set up an industrial investment foundation, and the shareholders of the fab would only add one more. , to avoid clutter.

The name of the foundation can be called Huaxia Entrepreneur Industrial Investment Foundation, maybe it will be used in the future.

At six o'clock in the afternoon, Fang Zhuo summarized the results of the phone call, and finally dialed the number to Zhou Xin in the medical department, and gave an order.

"Mr. Zhou, you have selected people in the company to set up a small team to regularly test the food and drink on the market. Well, you can regularly release the evaluation results on Sina, such as different brands of bread, different brands of milk powder, and different brands of food. Oil, these."

"Medical evaluation is positioned as an independent third party and does not accept sponsorship or interference."

"Diseases come from the mouth, pay attention to food safety."

"is that OK?"

"Well, let me think about it. Children and the elderly should pay more attention to what they eat, and review it regularly."

Fang Zhuo remembered this when he called Niu Gensheng today, and planned to take precautions first.

Zhou Xin agreed, but thought it was a good direction. The registration network was upgraded to the medical department. In addition to the original online registration and online drug sales, there should be more unique things. The company is also discussing this.

After the episode ended, Fang Zhuo's attention returned to the current business. He chatted with Xiong Xiaoge about the idea of ​​establishing a foundation the next day.

Xiong Xiaoge was in the capital, extremely puzzled, and said on the phone, "Mr. Fang, what are you messing around with? You also set up an industrial investment foundation. How many people are here? If you vote, you can see your signboard."

Fang Zhuo read the names: "Zhang Chaoyang, Ding Lei, Ma Huateng, Li Yanhong, Niu Gensheng, Zhu Yuncan, Wang Fengyi..."

He uttered a dozen or so names in one breath.

Xiong Xiaoge was stunned!

"Boss Fang, you..."

Fang Zhuo was somewhat complacent, and said in a low-key manner: "Maybe everyone thinks that I do things more reliably, some more, some less. In fact, it is far from enough for me to engage in semiconductors. It's all because of my heart, so I will take it."

Some more, such as Ma Huateng and Niu Gensheng, said on the phone that they can invest more than 1000 million, and some less, such as Ding Lei and Zhu Yuncan, are estimated to be in the millions.

Fang Zhuo did some calculations. Regardless of the number of people, it was actually less than 2000 million dollars, which was only over 2.3 million dollars. Adding his own 10 million dollars in funds, he was still far from the [-] billion goal.

But he didn't feel that it was too little. The 2000 million yuan was still money, and it was someone else's.

Xiong Xiaoge had never seen such a way of establishing a project. He was stunned for a while, and complained: "Mr. Fang, you start a business with alms... It really opened my eyes!"

Even worse, I kept it in my heart and didn't say it!
Entrepreneurship with protection fees!
Bandit entrepreneurship!
Xiong Xiaoge has always known that Fang Zhuo is eclectic, but he really didn't expect such a style. Fang always brings surprises to people.

As for those who gave the money, I'm afraid they also took into account the president's recent actions in Shencheng. Knowing that Fang Zong has a background and the money is not much, he voted.

The problem is, there are quite a lot of people here, if you get together, you can get more, and your contacts can become cash...

"Not much." Fang Zhuo disapproved, "Everyone is the boss of a company, and the investment of millions and millions is just sprinkled water. Besides, it is an investment, not a gift, and there will be dividends in the future. To be honest, Xiong In short, you should also be refreshed, semiconductors say that the return is slow, but if it can be made like SMIC, it will not be too slow."

The news that SMIC is preparing to go public is not a secret, and it will probably set a record for the fastest listing of a semiconductor company.

In just over three years, a semiconductor company has gone public. Compared with IDG's previous project cycle, this is also very good.

For a long time in the past, IDG cast a wide net and invested more, and then encountered the Internet bubble, and [-]% to [-]% died.

Failure is the main theme of entrepreneurship.

No one understood this better than Xiong Xiaoge.

In the past two years, his understanding of "VC is to invest in people" has become more profound, and no matter how unique Mr. Fang's style is, he undoubtedly has a very high level of guarantee for success.

"Mr. Fang, I just don't understand why you want to make semiconductors all of a sudden?" Xiong Xiaoge needed a strong reason to convince himself.

"Old Xiong, I am optimistic about the explosive growth of consumer electronics. The future of semiconductors must be bright, and it doesn't even take many years." Fang Zhuo called so many people, and then he had a serious chat with Old Xiong about the potential of the future , "Not to mention other products, I make a production line, and my own player alone can absorb part of the production capacity."

"Just like Samsung, they produce and sell themselves, and my fab intends to follow this model, so as long as the technology is in place, it can survive."

"What's more, the future growth trend of electronic consumer goods is a very fast speed, and Yike is based on this."

"Old Bear, do you understand? I can connect the upstream and downstream of this industrial chain."

Fang Zhuo gave a closed-loop logic.

He really thinks this way. The chips purchased by Yike now come from Philips. Philips designs→wafer manufacturing→packaging factory packaging→Philips gets the chips and sells them to customers.

Fangzhuo's fab will replace the middle link, and neither upstream design nor downstream packaging will participate. If Philips is unwilling to accept such a result, Echo will replace a manufacturer willing to cooperate.

Anyway, there are many chip manufacturers for music players, and Philips is not irreplaceable.

Wafer factories, wafer factories, often referred to as wafer foundries, earn a technical processing fee.

TSMC in Taiwan is currently also a foundry, which is called the Foundry model.

Of course, there is more than one mode of foundry for semiconductors. South Korea's Samsung integrates upstream and downstream, which is called the IDM mode.

There is also a Fabless mode, which is mainly responsible for the circuit design and sales of chips, as is the case with Qualcomm.

This is the industrial chain model of semiconductors.

Generally speaking, chip customers like Fang Zhuo are not counted in the industry chain, and he only needs to find chips with suitable cost performance.

But if you have to participate... then you will participate.

Speaking of the fab that Fang Zhuo wants to build, it is the foundry model. If the Yike products under his own name are counted, it can be regarded as an incomplete IDM model.

You can move forward to IDM integration, or you can maintain the current state.

Fang Zhuo carefully and clearly gave Xiong Xiaoge the information about the popular science industry, and also talked about the future plan of the project in detail.

Xiong Xiaoge was really moved.

Because Yike is successful.

As Fang Zhuo said, as long as Yike continues to be successful, such a fab project will at least not starve to death. If it does not starve to death, I am afraid it can really grow with Yike's size.

Xiong Xiaoge knows Yike's internal market forecast. Last year, the sales volume of the entire US mp3 market was around 80 units. This year's forecast is to double. As of the middle of the year, this goal may be achieved ahead of schedule.

And he clearly remembered that the market report signed by Fang Zhuo was still optimistic that the overall sales in 2004 would continue to double.

2002年80万台，今年160万台，明年2004年320万台。

Under such a strong product demand, with the product verification of Yike, the fab seems to be able to show its competitiveness.

For a fab, its establishment is difficult, but as long as it is completed, orders can be filled directly, and it is no problem to maintain its survival.

Fang Zhuo can also use chip orders to make some articles during this establishment process to add assistance.

It is true that the richest man in Shanghai is a layman, but this layman is a layman with energy.

"You send me a copy of the project proposal. Really, Mr. Fang, the entrepreneurs I met should really learn from you the eloquence of persuading venture capital." Xiong Xiaoge agreed in principle.

"If it's just because of eloquence, I believe that Xiong will never vote." Fang Zhuo smiled. The fund is full, I can call to raise money, but it’s boring to ask for money one by one.”

Xiong Xiaoge said: "Familiarity is familiarity, you have to have an attitude towards investors, right? I want to help you get a foundation?"

"I'm busy looking for a place for the project, isn't that more important than this form?" Fang Zhuo said eloquently, "Besides, the relationship between the two of us, Yike will go public this year, and I will have a drink or two with you when the time comes. What else?"

Xiong Xiaoge wanted to drink.

I also felt that there was no big problem.

"I believe in Mr. Fang. I will fly to Shanghai in a few days. Let's meet to finalize this matter and talk about Yike's listing plan by the way." Xiong Xiaoge said.

"No problem, call me first when you arrive, lest I go on a business trip."

Fang Zhuo agreed, and planned to discuss the amount of his investment with Lao Xiong after meeting him, and forget about the others. The trust of the venture capital has to be proved by money.

When the old Xiong can implement the financing of his friends, the budget can reach 2.5 million US dollars, um... Next, we can line up the options of the local governments to see how much the gap can be filled in the localities.

According to SMIC's treatment in Shanghai, Fang Zhuo hopes that the local investment will be around 25%, so that the remaining half of the budget will be considered for foreign institutions.

"Let's not go to the capital first. Xiangjiang may not be easy to deal with. Yangcheng and Lin'an, let's take a look at the attitudes of these two places."

"If it's a hair-shaving pick who is hot, then we have to seize the support that Pudong can give."

Fang Zhuo held the first meeting of the project team and selected two preliminary negotiation places.

(End of this chapter)