As a mage, I just want to pursue the truth

Chapter 297
It is no exaggeration to describe today's information age as communication technology can cover most of the world.

In 2020, the Wuzhen Summit will be held in the form of remote video conferencing.

But why the technology has become more developed in the past few years, and the brain-computer connection VR developed by Kechuang Bio, Goose Factory and Rice has realized people's primary fantasy of the metaverse.

Today, with more advanced technology, is it still necessary to communicate through offline exhibitions?
This is because there are differences between online and offline communication, and offline communication between people is more warm.

The Global Internet Conference held in Huaguo every year is not only a summit for exchanges, but also a summit for project signing.

Of course, it is purely a dream to sign a three-day contract for a big project. It must have been a long exchange and negotiation before deciding to cooperate.

It's just that the time and place of the signing and cooperation are placed at the Global Internet Conference.

In recent years, the total investment of signing contracts at the Wuzhen Summit has exceeded 500 billion RMB each year. Naturally, it was negotiated in advance, and then deliberately arranged to sign the contract in Wuzhen in the past few days.

However, the exchanges between companies at the Wuzhen Summit can create cooperation intentions.

On other occasions, it is difficult for you to communicate face-to-face with first-class investors such as Shen Nanpeng, Zhang Lei, and Guo Yihong.

But at the Wuzhen Summit it is possible.

Maybe a random person you see around you is an angel investor.

Many investors pay more attention to people than projects.

Taking the Luckin project as an example, if the actual founder behind the operation was not Lu Zhengyao, it would be absolutely impossible to be so favored by capital.

Lu Zhengyao is the founder of Shenzhou Zhuanche, which was listed in Xiangjiang in 14.

Ruixing’s A-round investment was entirely based on relationships, and the angel round investment was Joy Capital and Lu Zhengyao himself.

Behind Joy Capital is Liu Erhai. Liu Erhai participated in the angel investment of Shenzhou Car Rental when Junlian Capital was leading TMT and innovative consumption investment.

The predecessor of Legend Capital is Legend Capital. Lu Zhengyao’s first entrepreneurial project was the United Automobile Club. After the failure, he switched to Shenzhou Car Rental.

Lenovo's capital has always been on Lu Zhengyao, or on the car rental industry.

Before Shenzhou Rent a Car, there was Didi Taxi, and coincidentally, before Shenzhou Rent a Car was launched, Liu Qing officially joined Didi.

This is another story line, so I won't talk about it here.

If Ruixing’s angel round was invested by Lu Zhengyao’s connections, the A round also mainly relied on Lu Zhengyao’s connections.

A round of financing, mainly Centurium Capital, Joy Capital and Legend Capital.

Among them, the name Centurium Capital may sound a bit unfamiliar. Similarly, Shenzhou Car Rental wanted to list on NASDAQ, but its cash flow was in jeopardy after the failure.

Lu Zhengyao approached Li Hui, and without a word, Li Hui gave Lu Zhengyao [-] million yuan, which was the largest single equity investment ever received by the domestic car rental industry at that time.

Later, Ruixing’s financing was invested by a series of top investment institutions such as CICC and BlackRock Capital.

If it weren't for Lu Zhengyao's early investment through his contacts, Ruixing's project would definitely not be possible if it were done by someone else.

Especially after Luckin was exposed to financial fraud, the major shareholders behind it, Centurium Capital and Joy Capital, not only did not pursue it, but added a financing of 2.5 million yuan.

He even promised to continue to invest another 1.5 million yuan if necessary in the future.

From the perspective of this project, it is obvious that people are more important than the project. If it were not for Lu Zhengyao, this project would not be able to survive to this day.

Of course, Lu Zhengyao broke up with Li Hui later, and Li Hui drove Lu Zhengyao and his team away from Ruixing's board of directors.

Centurium Capital became the actual controller of Ruixing, and Lu Zhengyao started a new round of entrepreneurship.

That's another story.

For equity investment, at the initial stage of a project, people are more important than the project. After the project is launched, the project itself is more important than people.

Zhu Xiaohu was originally a consultant for McKinsey, and later joined GSR Capital as an investor. He has invested in projects such as Ele.me, Didi, and OFO.

The biggest project he missed was ByteDance. When he had the opportunity to vote for ByteDance, Zhu Xiaohu gave up after chatting with Zhang Yiming.

In his original words, he couldn't feel the aggressiveness of Zhang Yiming.

This is early thinking, people are more important than projects.

And Shen Nanpeng and Sequoia Capital behind him reduced their holdings in Meituan and increased their positions in Shein. You must know that the market value of Shein’s F round investment was 1000 billion yuan.

This is the later stage of project development, and projects are more important than people.

One more thing, Shen Nanpeng also rejected Zhang Yiming back then.

Therefore, the significance of the offline summit lies in this, so that entrepreneurs can have a channel to meet investors offline.

If you know an investor who is optimistic about you and your project, you will get angel investment or a life-saving fund.

If Lu Zhengyao hadn't received Li Hui's [-] million yuan in financing back then, China Automobile would definitely not have made it to the day when it returned to the Hong Kong stock market for listing.

Of course, Lenovo might save him.

Equity investment by state-owned enterprises will be subject to many shackles. Private capital has an innate initiative in angel rounds and early-stage financing.

At that time, Kechuang Biotech was able to obtain the B round of financing from Bocom Capital because the business model and business path were too clear.

"Zheng Li couldn't tell, but you weren't nervous at all, and you performed well.

I was prepared for you to be nervous. "After Zheng Li's opening speech, Li Miaomiao joked.

At this point in time, the work in Geneva is over, and Zheng Li can focus on Wuzhen.

Now that he has canceled the artificial intelligence's takeover, Zheng Li replied: "What's so nervous about reading from the script?"

Li Miaomiao: "Then why do you have to speak via remote video at the annual meeting every year?

Since you won't be nervous, why not come directly to the annual meeting.

I thought you were socially phobic, that's why you never attended the annual meeting. "

Zheng Li replied: "Because there is no need, the annual meeting is a relaxed occasion, but if I am present, you will feel that it is not easy."

Li Miaomiao said helplessly: "Okay, you are the boss, you can do whatever you want."

"What you said just now is very good, and the audience's response below is also very enthusiastic. I heard Ma Huateng next to me saying that you are pragmatic."

"Now you can go back and take a rest. Let's have a conversation this afternoon, just between you and Musk."

At the beginning of his business, Zheng Li was hailed as the Iron Man of Huaguo by overseas media. Later, as the influence of Kechuangbio grew, similar sayings were rarely mentioned again.

But both parties are still regarded as the most dazzling entrepreneurs in Huaguo and American in this era.

It is rare for two people to participate in this Wuzhen Summit.

Therefore, after soliciting opinions from both sides on the afternoon of the first day, the organizer intends to hold a summit dialogue.

Considering that in case the atmosphere is very sharp, there needs to be a softener to calm the atmosphere at that time, so the organizer specially invited a well-known female host from Huaguo to host.

For this level of dialogue, no host can refuse.

"Distinguished guests, friends, ladies and gentlemen, good afternoon.

Welcome to the Summit Dialogue of Internet Leaders at the World Internet Conference.

I am the host of this session**.

I am very glad that we are gathered here today. Everyone at the scene should feel the same about the changes that the Internet has brought to our lives.

In the past few years, the industrial Internet has developed at an alarming rate. More and more Internet companies have gone deep into the manufacturing industry to empower our manufacturing industry.

Huaguo and even the world are undergoing the transformation of industrial intelligence.

First of all, please allow me to introduce to you the guests of this Internet Leader Summit Dialogue, Mr. Zheng Li, Chairman of Kechuang Bio, and Mr. Musk, CEO of Tesla and CEO of Space Exploration Technology Corporation.

Sincerely welcome the arrival of two outstanding entrepreneurs.

I also hope that during the dialogue at the meeting, the two can express their views and fully exchange their views on the industrial Internet.

In the process of communication, sparks of wisdom are rubbed out. "

Similar leadership summits have been held before, and it has been 14 years.

That leadership summit had the participation of Alima, Robin Li, Zhang Chaoyang, Dongzi and Lei Jun.

American is the chairman of Qualcomm, Thomson Reuters, and LinkedIn, as well as the vice president of Apple.

From the dialogue at that session, it can be clearly seen that Li Yanhong is the slowest to the mobile Internet.

Zhang Chaoyang was even more sensitive than him. At that time, Sohu’s news mobile app was already implementing a news push mechanism similar to Toutiao.

"It's a pleasure to meet Mr. Cheng, we had hoped to meet Mr. Cheng many times before.

Two years ago, I wanted to meet Mr. Zheng through Tesla, but I never had the chance. "

Musk and Huaguo have always had a close relationship. Tesla’s Shenhai Gigafactory has an annual output of close to 100 million units.

Probably the total of Tesla's global annual deliveries in 2021.

Subsequently, Tesla established another super factory in the Yangtze River Delta region.

Musk also participated in the previous Wuzhen Summit.

At the World New Energy Vehicle Conference held in Huaguo, Mike also delivered a speech through a remote video conference.

"It is a rare opportunity to meet Mr. Zheng today, and I have a few questions I would like to ask.

The company under my company and the company under the name of Mr. Zheng have both competition and cooperation.

First of all, how do you see the development of brain-computer connection technology in the future? "

In fact, Musk has always been concerned about the far-reaching lead of science and technology in brain-computer connection technology.

If Kechuangbio hadn't made the brain-computer connection technology so mature, he could still hype related concepts for many years.

Instead of him making a little hype about brain-computer connection related technologies, netizens can use scientifically innovative creatures to suppress him.

For example, Musk publicly claimed that he has uploaded his brain to the cloud and talked with a virtual version of himself at the same time.

The comments from netizens are, if you are so good, why haven't you connected your brain to your phone yet?My brain is still using the brain-computer connection technology of science and technology to control the mobile phone.

This is something that will happen in 2022. At that time, Neuralink's brain-computer connection mobile phone has not yet come out.

In fact, Musk's so-called uploading the brain to the cloud is nothing more than uploading the EEG signal data.

Then talk to the virtual version of yourself, and the technical content is not as high as the media renders.

It's just an AI personality cultivated through Musk's public speeches through natural language processing technology and deep learning.

Microsoft's Microsoft Xiaobing has a much higher gold content than Musk's own virtual version.

It’s just that Musk is well versed in the art of hype and knows what the media and netizens like to watch.

But with Zheng Li and Kechuang Biology, it is impossible for him to hype the brain-computer connection technology.

With benchmarking companies, you will be subject to many restrictions on hype.

Zheng Li replied: "Brain-computer connection technology is a tool for connecting humans and the world in the future.

In the earliest days, we connected with the world through computers, and later with mobile phones.

In the not-too-distant future, we will directly connect the brain with everything in the world through brain-computer connection technology.

I think that in the future, the brain can connect various devices and sensors in our offices, homes, and individuals.

Brain-computer connected devices are increasingly becoming a part of people and becoming your best assistant.

All kinds of smart devices have been hot over the years.

Whether it is VR or AR, there was a lack of a key connection point before, which could satisfy one small application scenario after another and achieve breakthroughs in penetration.

For example, AR glasses, the previous AR glasses rely on eyeball capture technology to achieve control, so the operation error rate will be high.

And if the brain-computer connection technology of science and technology is used, AR glasses will be much more convenient.

In the second half of this year, the brain-computer connected AR glasses we cooperate with Apple, Huawei and Rice will come out.

Everyone can look forward to it.

Brain-computer connection technology will penetrate into more fields, not just consumer electronics.

Including the industrial VR we cooperated with Huawei this year, the industrial VR we cooperated with Rice will soon be launched in the factory of Rice Auto.

The follow-up will be carried out soon. CNSA will land on the moon for the second time this year. The robots they brought up also use our brain-computer connection technology.

Astronauts use brain-computer connection technology to directly use their brains to control robots, explore the moon and do some basic work.

In the future, brain-computer connection technology will become more and more popular.

We have a plan. This year, we will launch a mid-to-low-end brain-computer connection VR, which will lower the price of brain-computer connection VR.

Let more consumers enjoy the happiness brought by brain-computer connection technology.

At the same time, we will use the brain-computer connection technology to deeply integrate with the manufacturing industry.

If the entrepreneurs here have good ideas, they can communicate with our relevant staff. "

Musk did not give the host a chance to speak at all, and he continued to ask:
"Mr. Zheng, I quite agree with your point of view.

Neuralink, which is my brain-computer connection company, has always aimed to connect people directly with machines.

I think there is room for us to collaborate in many areas.

The next question might be a bit abrupt. "

(End of this chapter)