As a mage, I just want to pursue the truth

Chapter 115 Brain-Computer Connection VR (4000 in [-] [-] words)
"How is the progress of Kechuang's brain-computer connection VR?" Li Miaomiao asked.

Subordinates reported at a glance: "The first generation of brain-computer connection VR has been finalized, and the prototype Goose Factory and Ari have used it to design the corresponding software."

"As for games that connect brain-computers to VR devices, Goose Factory's previous designs have all been overturned internally."

Since the brain-computer connection technology of Kechuangbiology came out, it was only used on mobile phones before, and the later brain-computer connection prosthetics showed more significance than practical significance.

There have been internal discussions that the brain-computer connection should be combined with VR, including when Lei Jun came to communicate with Cheng Gang several times, he expressed the hope that Kechuangbio would optimize the brain-computer connection for VR, and then rice and Kechuangbio would cooperate to make it. An epoch-making brain-computer connection VR device.

Things have not been going well for Cheng Gang since June, and IDG assigned him two biopharmaceutical companies specializing in mRNA vaccines.

The angel investment company founded by Cheng Gang focused on the field of biomedicine. After conducting preliminary background checks on the two projects introduced by IDG, he unanimously felt that they were high-quality projects.

Whether it is Aibo Biotech or Sri Microbiology, they are two relatively leading companies in the domestic mrna field, both in terms of technical background and some backgrounds are quite amazing.

Cheng Gang agreed to invest after careful understanding, and he invested 2000 million RMB in each of these two companies.

Cheng Gang didn't expect Si Microbiology and Expro Biotech to defeat the foreign pharmaceutical giants, as long as they could eat the domestic market.

What they are fighting for is the high valuation of listing on the Science and Technology Innovation Board.In the past two years, domestic companies in the biomedical field have been valued at hundreds of times the PE.

Cheng Gang, as the general manager of a leading company on the Sci-Tech Innovation Board, can also help other companies in the Sci-Tech Innovation Board meetings.

It's just that people are not as good as heaven, and American's Pfizer took the lead in developing a specific drug with the assistance of Simmons.

Simmons has a magic brain, and with his help, Pfizer's progress has increased dozens of times.

As soon as the special medicine came out, the previous investment of domestic mrna companies was completely reduced to silent costs, and the valuation dropped by at least half.

Because your previous technical routes were all aimed at the mutated strain of covid, now that there are specific medicines, your technical accumulation and data are worthless.

Sri Lankan microorganisms and cyber organisms need to be revalued fundamentally. They are only valuable in terms of technical framework and technical personnel.

Market valuations have more than halved, at least a third of what they used to be.

Some people will say that if Pfizer's special drug cannot be approved, it will not be able to enter China, so the mrna vaccine research and development route is still valuable.

But there is a very critical issue. Pfizer has proved that its technical route is correct. Even if Huaguo does not let Pfizer in, it must follow Pfizer's research and development route to develop its own special medicine.

Instead of taking an mRNA vaccine route that no one has gone through.

I thought that if I bet on both sides, I could get at least one side.The result is that the bamboo basket fetches water in vain.

Cheng Gang's investment paper loss is as high as more than 2000 million. If there is no fundamental change in the industry logic, it will be far away to pay back.

Cheng Gang was in a trance for a while, as a veteran of the industry, he was hit.I originally thought that if I made a steady bet on both ends, I would get ten times or even dozens of times the income if I went public.

As a result, my angel investment company got off to a bad start, and the working capital was only enough to invest in one project.

However, because part of his energy was devoted to his own investment company, something went wrong in his work.

Zheng Li used this as an excuse to assign part of his duties to Li Miaomiao.

Lei Jun chatted with Cheng Gang about brain-computer connection VR, and Cheng Gang naturally strongly supported it. He was also very optimistic about this direction, and at the same time hoped that this project would allow him to regain Zheng Li's trust.

"The operation method of mainstream VR devices is still too cumbersome and not smart." Lei Jun said, "Brain-computer connection can completely solve this problem."

2021 is hailed by the industry as the first year of the Metaverse, and ByteDance, as a new Internet giant, has also invested in the Metaverse project.

Unlike FB’s big fanfare, name change and CEO Xiaozha’s various propaganda, Byte belongs to the hands and moves a lot, and there is almost no publicity.

Belongs to just doing but not talking.

Byte acquired a company specializing in VR equipment in 2021. The company's 2021 hit product pico neo3 is the second best-selling product in the world.

But even for the latest VR device, pico neo3 was launched in May 21, its operation method is still operated by buttons.

The button operation on the handle and the VR helmet, the handle can also play a certain role in auxiliary control, but it still looks very cumbersome.

When smartphones evolved from the earliest button type to virtual buttons, and then to the current brain-computer connection.Compared with smartphones, the control methods of VR devices are progressing too slowly.

Cheng Gang agreed: "We have always considered brain-computer connection VR internally, but because VR equipment is a brand new field for scientific and innovative creatures."

"We are more of a technology licensing company. If we want to do hardware, whether it is supply chain technology integration or large-scale production and sales, it will be a very big challenge for Kechuang Bio."

The supply chain production of biomedicine is completely different from the supply chain production of digital products. You can say that they are essentially the same, but there are too many differences in specific operations.

In particular, VR equipment is a relatively heavy digital product, and a piece of VR equipment involves many components.Headphones, mice, and keyboards are relatively light digital products, and the production chain is very short.

Lei Jun was delighted when he heard it. It’s good if you don’t understand science and technology biology. If you understand, there will be no such thing as rice.

"We can cooperate completely. Kechuangbiology has the technology of brain-computer connection, and Rice has rich experience in the supply chain of digital products. The two sides can achieve a very good complementarity."

"At the same time, Rice is a long-term partner of Kechuang Bio and one of the shareholders of Kechuang Bio. We have a solid foundation of mutual trust."

"I have been colleagues with you for many years, and you, Mr. Zheng, are also old acquaintances and old partners. We can definitely cooperate in the field of brain-computer connection VR."

Cheng Gang also thought the same way: "We first form a report internally, and then report it to Chairman Zheng. The specific resolution needs to be approved by the board of directors."

Lei Jun: "We can reach cooperation by establishing a joint venture company. Kechuangbio has invested in technology patents and funds, and Rice has also invested in technology patents and funds."

It is a very common means of cooperation between listed companies to jointly establish new subsidiaries.

In the past two years, new energy has become popular, and many enterprises in the upstream and downstream of the new energy industry chain have cooperated through the establishment of joint ventures.

Recently, Yuntianhua, Enjie, Yiwei Lithium Energy and Huayou Cobalt have jointly invested 517 billion RMB to build a new energy industry chain. They cooperated through the establishment of two joint ventures.

After the internal research report of Kechuang Biology was reported, Zheng Li asked Li Miaomiao while chatting: "What do you think of the cooperation method reported by the company recently? We cooperate with Rice to build a brain-computer connection VR."

Li Miaomiao looked at Zheng Li on the screen and felt a little annoyed, because Zheng Li would always only talk about work when looking for topics, and she didn't want to just talk about work:
"Is the application of our brain-computer connection technology mature in VR?"

Zheng Li thought for a while: "No problem at all, there is no essential difference between brain-computer connection to control mobile phones and VR devices."

"And VR is better to control, we can achieve more precise control and have more functions."

"Because VR and the human eye are associated in a confined space, more precise manipulation can be achieved through eyeball capture technology."

"At the same time, VR equipment can set more abundant nerve points and capture more brain nerve signals, which can completely achieve better results."

"It's just that the technology needs to be transformed to a certain extent, but the transformation process will not be very complicated."

Li Miaomiao is straightforward: "If it is not for Lei Jun and our long-term cooperative relationship, there is no need to consider rice in our cooperation."

"Only Sci-tech Biotech provides brain-computer connection technology, but there are many companies that can provide VR-related technology industry chain integration."

"We propose cooperation, whether it is OV or Samsung, or even Apple will agree."

"If we really want to hit the ground running and make the best products, then the best way is to cooperate with Apple. The premium that Apple's products can enjoy is unmatched by other manufacturers."

The product premium referred to here means that no matter how high the price of Apple’s products is set, consumers will buy it. For example, a polishing cloth launched by Apple can be sold for 145 RMB, and the supply exceeds demand.

Apple can sell high prices, so every component of its products can use the best. Anyway, consumers pay the bill, and they don’t have to cut suppliers like other mobile phone manufacturers.

Therefore, the fruit chain is what these mobile phone suppliers want to join the most. The same parts, the profit of supplying Apple is much higher than supplying rice.

"If we cooperate with Apple, we really have the opportunity to create an epoch-making VR device and start the VR boom."

"The user base cultivated by the previous VR equipment will all become our nourishment."

Li Miaomiao paused for a moment: "But this is the way to maximize profits. Personally, I hope to cooperate with Huaguo manufacturers."

"Instead of sharing the profits with Apple, I hope to cultivate upstream and downstream enterprises in Huaguo's VR industry chain."

"For example, if we cooperate with Apple, companies in Huaguo in this industrial chain can only eat a small part of it, and a lot of it will be distributed to other countries."

"And when we cooperate with Rice, the profits, employment, and capital flows brought by the industrial chain will be completely kept in China."

"And we can dominate with rice, but we may not be able to dominate with Apple."

"So no matter whether we cooperate with Rice or Apple, there are advantages and disadvantages."

Zheng Li interrupted: "Who do you want to cooperate with?"

Li Miaomiao: "Let's talk about rice, but if we want to talk, the scope of our choices should not be limited to the rice family."

Zheng Li: "I also think it is possible to cooperate with Rice. There is still a risk in cooperation with Apple, which is the leakage of technology patents."

"In the process of cooperation, they cannot steal technology patents, but our R&D route and R&D logic are bound to be leaked to a certain extent."

Li Miaomiao added: "So we can leak the news, this is Jiang Taigong fishing, and those who wish to take the bait."

"Although I feel sorry for senior brother, after all, shopping malls are like battlefields."

Kechuangbiology intends to enter the VR field. After the news of the combination of VR and brain-computer connection spread in the industry, it was unexpected that the first company to come to the door was neither Rice nor OV.

The first one to come to the door was Goose Factory.

Ren Yu, the president of Goose Factory's interactive entertainment business group, personally led a team to the door.

When the mobile Internet was on the rise, Goose Factory was the first to get the mobile Internet ticket among the three BAT giants at that time by virtue of WeChat.

And Qiandu still hasn't got the ticket for the mobile Internet until today, and it's getting worse day by day.

The market value can best reflect the company's development. At this time, Qiandu's market value is only 500 billion HKD.

The valuation of ByteDance is 2.2 trillion. Meituan is also listed on the Hong Kong stock market with a market value of 1.1 trillion hkd. JD.com’s Hong Kong stock market value is 9000 billion HKD.

It’s just that the Ant Group, which was hatched within Ahri, was valued at 2 trillion RMB before a certain event. Now that it’s cut in half and cut by 30.00%, the valuation is also 7000 billion RMB.

Not to mention falling behind in BAT, Qiandu has fallen behind in the second-tier Internet giants.

Seeing the bleak end of Qiandu, Goose Factory hopes to seize every opportunity, so their investment is the best among Internet giants.

Goose Factory is very keen to grasp that the brain-computer connection VR that Kechuang Bio will develop is likely to be the direction of the next Internet revolution, at least a new high-quality track.

The track means that new profits, new enterprises, and new industrial models will emerge.

Therefore, Goose Factory attaches great importance to this cooperation, and the first intention negotiation is Ren Yu.

Ren Yu has worked in Goose Factory for more than 20 years. He has been the chief operating officer of Goose Factory since 2012. He is now the chief operating officer and the president of the platform and content business group and the interactive entertainment business group.

"Mr. Cheng, we met again. I was very optimistic about the B-round investment of Kechuang Biotech before. At that time, I repeatedly emphasized to Li Zhaohui that we should participate in the B-round investment of Kechuangbio at all costs. "

"It's a pity that Kechuang Biology is more sought-after than our internal estimates, and we can only bear to watch other institutions participate in the B round of investment."

"Fortunately, it's never too late to cooperate. Recently, I heard that Kechuangbiology is going to make a VR device connected to the brain. I wonder if Goose Factory is honored to cooperate with Kechuangbio to jointly open up a new track and achieve something. Great work!"

The Internet industry likes to talk about the track most, investing in all the top companies in the track at the same time, no matter who comes out in the end, investors will make money.

The gu farm is euphemistically called a race track.

Cheng Gang said with a set of Tai Chi: "Brain-computer connection VR is just our internal research. As for whether it is really going to be implemented, it still needs internal research to decide."

"The goose factory has almost no overlap with our previous industries, so there were no good opportunities for cooperation before."

"If science and technology in the future really want to connect brain-computer VR, it must rely on the rich software ecology of Goose Factory."

　Thanks to book friends 20201222095310546 and Pie Luomu Xiaoxiao for their rewards!
　　
　
(End of this chapter)