As a mage, I just want to pursue the truth

Chapter 314 Investment Mergers and Acquisitions

Chapter 314 Investment Mergers and Acquisitions
Regarding whether to accept the conditions proposed by Kechuang Future, there was a very fierce quarrel within Apple.

Because everyone knows that the combination of brain-computer connection technology and VR is the best combination, and VR equipped with brain-computer connection can form a dimensionality reduction blow to other VR.

No matter how strong Apple's brand power is, it cannot offset the impact of technology generation gap.

"I think the conditions proposed by Kechuangfuture are acceptable.

We can use the future system of science and technology to reflect Apple's characteristics in theme design and application.

Just like all other mobile phone manufacturers except Apple, they use the Android system, but the Android system also has its own differences.

We can do the same. "

"This is against Apple's tradition. Apple's systems are designed based on the OS, and VR is no exception."

"Apple's tradition has long been broken. We allowed Windows to run on Macs in the early [-]th century."

"That's a concept like a virtual machine, not pre-loaded with Windows.

The request made by Kechuang Future is that Apple's VR equipped with brain-computer connection technology can only be equipped with their system.

This is unprecedented in Apple's history. "

"We need to change, don't we? With the blessing of brain-computer connection technology, I am confident that it will surpass Kechuangfuture in terms of VR sales."

The only thing that can tempt Apple is that brain-computer connected VR has proven its market.

The addition of Apple can completely turn this product line into a source of revenue no less than that of the iPad.

"There is another very critical issue. With the system of Kechuangfuture, we cannot charge system usage fees.

This fee was collected by Kechuang Future. "

Apple tax is important and important to Apple. The annual income of this part is about tens of billions of dollars. You must know that this is pure profit.

In 2021, Apple will reduce the Apple tax from 30% to 15% for small and medium-sized developers.

Back then, because of the Apple tax issue, Hego Factory refused to budge on whether WeChat paid content had the right to collect Apple tax.

In the end, WeChat made a compromise, and Goose Factory passed on this part of the cost to consumers.

For example, the content that consumers could buy on WeChat on the Android side for 13 yuan before would cost a little more than [-] yuan on the IOS system.

But if it's just an Apple tax on the VR side, it won't matter that much.

After all, this is an income that has not yet been collected.

"What we need is a strategic vision, not just short-term interests.

Our VR products are still stuck in the second-generation VR three years ago, and since Kechuang Future launched its own VR products, we have directly cut this product line.

The AppStore service revenue on VR is less than 10 billion yuan, which is completely negligible.

What we need to do is to launch VR products as soon as possible. Whether it is the influence of the product in the hearts of consumers or the VR team, we need products to maintain the two at a relative level.

We've had a VR team for over three years with only poor ROS updates. "

ROS is a VR operating system launched by Apple.

"I agree with Joswiak that we can't afford to watch our competitors take our share in VR.

We can use the future system of Kechuang first, wait for Neuralink's brain-computer connection technology to mature, change their brain-computer connection technology, and then use ROS at that time.

Using the Future OS of Kechuangfuture is only a temporary solution. "

"Traditions are meant to be broken. In the face of technology gaps, we need to make appropriate compromises."

For Apple executives, they don't care about Apple's traditions, not everyone is Jobs.

As a company with a history of 50 years, Apple will be established for exactly 2026 years in 50.

Their executives are all professional managers. For the professional managers, the most important thing is to complete the incentive plan and get equity incentives.

Taking Cook's salary composition in 2021 as an example, the basic salary is 300 million yuan.The value of performance stock awards is 4485 million yuan.In addition, there is a non-equity incentive of 1200 million yuan.

Cook is like this, and other executives are similar. The bulk of their compensation income is performance bonuses, not basic salaries.

Performance bonuses come from revenue growth and profit growth.

The executives are all good people. Everyone knows that as long as they accept the conditions set out by Kechuang Future and enter the VR track, Apple's revenue and profits will usher in a substantial increase.

Not only can you complete performance incentives, but you can even get excess rewards.

Li Miaomiao originally thought that Apple would not agree. Judging from the communication with Apple executives, the other party has not let go of their cooperation plan.

Apple executives bite to death: We absolutely cannot accept the use of other companies' operating systems.

Give Li Miaomiao the illusion that Apple will stick to its traditions.

As a result, Apple finally agreed to the request made by Kechuang Future.

So far, all mainstream manufacturers have agreed to use the Future OS VR operating system of Kechuangfuture.

At the same time, due to the groundbreaking of science and technology innovation in the future, the VR market can also see the scene of a crowd competing for the title.

"I'm curious, why didn't you invest in Cheng Gang's Tianpu Education?
I have always felt that companies in the science and technology innovation department are not very keen on foreign investment.

Cheng Gang’s Tianpu Education, I have read some of their operating data, it is a pretty good company. "

Li Miaomiao returned home after a day's work, and Li Shuyao picked some things from work that she could disclose to share with Li Shuyao.

After listening to Li Shuyao, she felt that it was unreasonable for Kechuang Biology not to invest in Tianpu Education.

"Because Temple Education is not our main business, the Department of Science and Technology Innovation has no desire to expand in this area.

Doing a good job in VR and biomedicine is enough for us. "

Li Shuyao's face was full of disbelief: "Who said investors should intervene in operations?
You can do pure capital operation.

Kechuangfuture can be said to be the highest quality and best private enterprise in China, but Kechuangfuture is far inferior to other giants in terms of investment.

Not to mention the goose factory that has done a good job in investment, you can't even compare to Ahri in investment.

For example, Tianpu Education is only doing A round of financing at present, you can completely intervene, and then sell the shares to others after the price goes up.

The earlier the financing price is, the lower the price will be. The shares in hand will be sold out slowly, and most of them will be thrown to the latecomers to take over, and the remaining part will be thrown to the secondary market to take over when the company goes public. "

Li Miaomiao shook her head and said, "It's not that easy to go public."

Li Shuyao was speechless to Li Miaomiao's innocence: "If you participate in the financing of Tianpu Education, then they will definitely be listed.

The most important thing to go public is the shareholders behind the company, not the company itself.

With your financing, Temple Education can find the best angel investment institutions and securities firms at home and abroad for their B and C rounds of follow-up financing.

This company is a pig, and they can all help it go public.

Why is the listing of a company called capital operation instead of enterprise operation?Because the capital behind it is the most important.

It doesn't matter whether the enterprise itself has prospects or not, and its operating conditions are not important at all.

After packaging the company and going public, sell it to the secondary market, and you can make a lot of money. "

Although Li Miaomiao has a background in economics and has an MBA, he still lacks knowledge of specific capital operations.

Kechuang Bio itself has not been deeply involved in similar capital operations.

Li Miaomiao was a little surprised: "I roughly understand.

Investors like these will package the company for listing.

With the endorsement of Kechuang Bio, it can attract a large group of first-class capital, and this group of capital will naturally operate this project and go public. "

Li Shuyao nodded and said, "That's right.

You can look at the listing rate of these top capital operation projects over the years is very high.

Except for some kind of tracks that have been rotten as soon as they are heard, there is no way to operate and market them, and they have various ways to market their projects.

What I’m talking about here is that there are not many projects that can be picked up by leeks in the secondary market, such as shared bicycles and P2P.

For a project to be listed, it needs to have leeks in the secondary market to take over.

But even so, such as shared bicycles, this group of capital can still find companies such as Meituan and Ali to take over.

Therefore, the better the securities companies and investment banks are, the better the projects they can get. This is the logic of the strong always being strong.

If Kechuang Biotech establishes an investment company, it will definitely be able to get the best projects in your related fields. "

Like the bike-sharing track, OFO has more than 1000 million users queuing up to refund their deposits, and Mobike on this track can also feel the cold brought by the track.

At that time, Mobike had submitted a prospectus to the SEC of American, hoping to be listed on Nasdaq, just to raise more than 1 million yuan.

You must know that Mobike’s C round of financing exceeded [-] million.

If it weren't for the cold winter of the industry, Mobike would not even look at this mere [-] million yuan.

But even though they only wanted to raise more than 1 million yuan, they were still rejected by Nasdaq.

The final outcome was that Mobike was packaged and sold to Meituan at a price of 27 billion yuan, and the capital behind it was still making a lot of money.

Therefore, no matter how bad the project is, even if the track explodes and there is no hope of listing, capital still has a way to realize profits and get out.

Li Miaomiao said after listening: "I roughly understand that we are indeed very weak in investment.

The cash of science and technology innovation companies is basically used to buy capital-guaranteed wealth management products.

There are a lot of projects that come to us in various ways, but we don't accept them.

Unless it is a biomedical company with great potential.

For similar biopharmaceutical companies, Kechuang Biology also focuses on wholly-owned acquisitions rather than investment and operation listings. "

Li Shuyao: "So you have an attitude of doing business, not of capital operation.

Like Fosun Pharma's large-scale investment and acquisitions at home and abroad, of course Fosun Pharma has gone too far.

But you are too slow in this respect.

In fact, I have always believed that in the future, science and technology innovation can completely invest in suppliers of brain-computer connection VR.

Deep binding with your core suppliers.

The main reason is that I recently saw news on the Internet that Kechuang will authorize the brain-computer connection VR technology in the future.

If you really plan to do this, my suggestion is to take a deep bond with a strong supplier by taking a stake in order to prepare for the future.

Kechuang Future has this strength, and you are different from Google.

Google acquired the Android system before starting to make mobile phones, which led to Google's poor supply chain integration.

They also don't have access to state-of-the-art vendor technology.

The future of science and technology is different. The future of science and technology is already the leader in the field of VR, and you currently hold a strong bargaining power.

Taking advantage of the fact that the technology has not yet been released, it is very important to first invest in core suppliers and maintain one's own bargaining power.

Otherwise, the follow-up science and technology innovation is likely to face supplier price increases and a decline in profit margins in the future. "

Li Miaomiao was not curious about why the other party knew that Kechuang Future was talking about technology licensing with fellow merchants.

Because many companies are involved, Li Shuyao is also a member of the investment circle, so it is normal to be well informed.

For Li Shuyao's suggestion, Li Miaomiao felt that she was still moved. Investing around the VR supply chain is also strengthening their main business operation.

"Okay, I will communicate with you at this week's executive meeting."

Li Shuyao snorted coldly: "If you have this plan, you must hurry up.

You can go and see that Rice and Goose Factory has invested in many companies in the upstream and downstream of the VR supply chain in the past two years.

If you want to do this, you should also think about whether to use the main body of science and technology to create the future or the main body of science and technology to create biology. "

"American's Mars program will start in the middle of next year, and Mars [-] will take two astronauts to Mars."

After American lagged behind Huaguo in the moon landing and moon base, it went all out to invest manpower and resources in the Mars project.

American's various plans like to be named after the gods in Greek mythology.

For example, the earliest Apollo project was named after the sun god.

The moon landing program in recent years has been named the Artemis program. Artemis is the sister of Apollo in Greek mythology—the goddess of the moon.

This time the moon landing plan is no exception. It is also named after Mars, one of the twelve main gods in Greek mythology.

"We have been overtaken by Huaguo in the construction of the space station around the moon and the moon base, and this landing on Mars is our best chance to overtake.

It is necessary to let other countries of Blue Star see who is the most powerful country in the aerospace industry on Blue Star.

Landing on Mars this time can only win but not lose. "

NASA's Mars landing program seems to have nothing to do with Musk on the surface, but Musk is solely responsible for it in private.

"The orbiting space station was just an accident, we did not expect the Chinese Congress to be so decisive.

Later, when we went back to review the review, we found that they definitely had a gamble on Huaguo's space station orbiting the moon.

It is a very risky move to launch a space station around the moon before the technology is perfect. "

"So? I don't care about the process, I only care about the result.

When we launched the Apollo spacecraft, the technology was also immature. Didn’t we do it too?

The actions of our counterparts in Huaguo are the same as what we chose back then. The point is that they have also succeeded.

Why is it technically not as courageous and action-oriented as our counterparts in Huaguo, but we put it on the shelf after formulating a space station around the moon plan? "

Later, there was a sentence describing American's Apollo program as follows: The Apollo program is equivalent to crossing the Pacific Ocean with a washing machine.

 The group exploded yesterday, the new group number: [-]

  
 
(End of this chapter)

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