Sprinkle coins every day

Chapter 263: The Germination of the Attack, Holding Borderless Technology!

Nothing on the weekend.

On September 9, Monday, Zhang Shuo came to the company again.

He has already got the class schedule for this semester, and he only has professional classes on Tuesdays and Thursdays every week, and he doesn't have to go to school at other times.

In the direction of network security governance, there are not many practical courses in itself, and there is no need to go to the laboratory all the time.

It's easy.

Therefore, if there is nothing special, on Monday, Wednesday and Friday, Zhang Shuo will still show up at the company on time and go to work normally.

It's also impossible for him to say the truth and just leave Germination alone.

Germination is Zhang Shuo's painstaking effort and career. He cares more about Germination's development than anyone else in the company. How can he just be a shopkeeper and feel at ease?

Crazy!
Even when he was in school, he would use Feixun to handle company affairs at night, keep abreast of the company's latest trends, and issue various instructions in a timely manner.

There is no such thing as slacking off.

After sitting down in the office, Zhang Shuo began to deal with the backlog of documents.

For example, Jiang Yue proposed that in order to prevent cash risks in financial work and optimize the internal financial work process, the budding group and its subsidiaries should realize cashless reimbursement within three months.

Zhang Shuo is naturally full of support.

Lu Kai, the vice president in charge of the investment business, also reported the investment projects that will be tracked in the second half of the year, including the realization of wholly-owned holdings of Automobile Network and Bajie.com, the completion of the second round of investment in Haode Map, and the completion of the acquisition of mobile phone suppliers. The strategic investment, etc., are listed in great detail.

Also very ambitious.

in the afternoon.

Wang Tao of Wujiang Technology came to Germinal Building unexpectedly to visit Zhang Shuo.

"A rare visitor!"

Zhang Shuo smiled and asked Wang Tao to sit down on the sofa.

After counting, this is the first time Wang Tao visited the Sprout Group after Sprout invested in Wujiang Technology, and reflected from the side that Zhang Shuo has indeed fulfilled his original promise—never interfering in the business decision-making of Wujiang Technology.

"I've come to tell you good news."

Wang Tao was a little excited, "After more than a year of research, WuJiang Technology's multi-rotor flight control system WooKong-M is finally completed, and it will be officially launched at the Aviation Museum exhibition this month."

No wonder Wang Tao was excited.

He has done market research. The birth of WooKong-M, with its high cost performance, is expected to soon allow Wujiang Technology to pass the two thresholds of annual revenue of [-] million and single product revenue of more than [-] million.

Wujiang Technology has thus entered a state of no shortage of money.

Looking back on the hard work of the past four years, I am filled with emotion.

"too slow!"

After hearing this, Zhang Shuo shook his head in disappointment.

"What, why is it slow?" Wang Tao was stunned for a moment, his expression froze.

"In December last year, Germination invested 12 million yuan in Wujiang Technology. It took more than half a year for Wujiang Technology to come up with a reliable flight control system. Do you think it is very fast?" Zhang Shuo continued to pour cold water.

Don't blame him for being disappointed.

In my impression, the original Space-Time Borderless Technology also made a breakthrough in the flight control system at this point in time.

That kind of thing.

What is the significance of the investment of 2.5 million huge funds?

"This one……"

Wang Tao scratched his head, his expression was a little embarrassed, and even a little bit ashamed.

like
Is it nothing special?
2.5 million capital is not a joke. In comparison, the business goal of annual income of tens of millions is really insignificant, even a little ridiculous.

How many years will it take to recoup the investment?

"We still need to take a big step forward, and we must be willing to increase investment in research and development. The flight control system is just a starting point, followed by gimbals, and consumer-grade drones. There is still a long way to go."

Unknowingly, Zhang Shuo and Wang Tao's status has been reversed.

Sprout last December was just a little-known start-up company, but now Sprout Group is already one of the giants in the Internet industry.

As for Wujiang Technology, although it was established much earlier than its inception, it is still a start-up company in essence.

The comparison of strength is more obvious.

"you're right."

Wang Tao came to his senses with shame on his face. He didn't think Zhang Shuo was in Canada.

Because in the past year, the development achievements of Buds by leaps and bounds, as well as the large-scale investment in the field of research and development, all support Zhang Shuo's point just now.

Zhang Shuo said so, and he did so.

"As you know, the domestic entrepreneurial environment is very harsh. Once the market prospect of drones becomes clear, a large number of competitors will be born at that time. There is not much time left for Wujiang Technology."

Zhang Shuo is not scaremongering.

In China, once any blue ocean field shows great prospects, a group of sharks will swarm and kill each other until it becomes a red sea.

Not only start-up companies, Internet giants are also very introverted.

Not to mention the business crossover and competition between Tenda and Ari, Meituan is doing e-commerce, Byte is doing education, Internet finance, and local life services are even more crazy.

These Internet companies have no way to expand their territories in overseas markets. In order to obtain new business growth points, they can only frantically involve in the domestic market.

In the end, they all end up with chicken feathers all over the place, losing money every year, and raising money every year.

Picture what?
Once the crisis comes, it is conceivable that the stock price will plummet.

In the original time and space, after Wujiang Technology became a hit in the field of consumer drones, many competitors saw the opportunity and rushed into this track.

At the hottest time, there were more than 300 domestic drone companies alone.

This does not include foreign countries.

Although Wujiang Technology continued to stand out in this fierce competition and became the king of the drone industry in the end, its follow-up performance was obviously weak.

By 2018, Wujiang Technology, which is too focused on the consumer drone market, has already encountered the ceiling of the industry, as if it will reach the ceiling at once.

People can't help but ask - "Where is the way forward?"

Since Zhang Shuo has invested in Wujiang Technology, of course he doesn't want to say that Wujiang Technology stops here and is no different from the original space-time, so the investment significance will be greatly reduced.

It really becomes a purely financial investment.

"Then, what's your opinion?"

Wang Tao, who was still high-spirited just now, has turned pale by what Zhang Shuo said.

It seems that the crisis is at hand.

"It's very simple, continue to raise funds, increase investment in R&D, recruit more top talents to join, improve talent reserves, and build a technical moat." Zhang Shuo said clearly.

The difficulties encountered by Wujiang Technology after that are also related to the insufficient investment in R&D in the early stage.

Once the previous technical reserves are drained and there is no reference object, it seems to lose its direction and cannot continue to lead the development trend of drones.

How can this work?
"In addition to consumer drones, the application scenarios of drones should be richer and wider, including small drones that can perform light shows, large drones that can be used to spread pesticides, and special drones that can kill hornets. Operational drones, drones that can deliver express, etc.”

In fact, until 2022 in the original time and space, the education of drones to consumers is far from enough.

Still belong to the "niche"!
Zhang Shuo's ambition is to make drones an electronic product like mobile phones, which can be applied to every corner of social life, rather than simply used for aerial photography.

So should it be.

"This……"

Wang Tao was excited and apprehensive about the prospect Zhang Shuo described, without even thinking about it, he subconsciously said, "I agree to continue financing, can Germina continue to invest?"

"Of course!" Zhang Shuo nodded.

"???"

Seeing that Zhang Shuo agreed so readily, Wang Tao instinctively felt that something was wrong, but when he thought about what Zhang Shuo said just now, it was indeed very reasonable.

A little doubt, it disappeared.

"Wujiang Technology started the C round of financing, Mengya invested 1.5 million yuan, and obtained 20% of the shares. How about it?" Wang Tao is also a happy person.

Once you make up your mind, execute it immediately.

"20%? If that's the case, Germination will become the largest shareholder of Wujiang."

Now it was Zhang Shuo who was surprised.

"The largest shareholder is the largest shareholder," Wang Tao said with a firm mind, half-joking and half-seriously: "It just happens to integrate Wujiang Technology into the entire Germination system."

Zhang Shuo suddenly realized.

No wonder Wang Tao is so generous. It turned out to be this idea. He said with a smile: "In the field of intelligent control, the Wotu Research Institute can indeed give some support to Wujiang Technology."

It is also what he expected to include Wujiang Technology under the banner of Germination.

"However, I can't take advantage of you. In the C round of financing, 20% of the shares, Germination will invest 2 million."

Previous round of financing.

Sprout invested 2.5 million yuan to acquire a 35% stake in Wujiang Technology, with a valuation of 7 million yuan.

According to what Wang Tao said, in the C round of financing, 1.5 million won 20% of the shares, then the valuation of Wujiang Technology is 7.5 million, which is almost the same as the B round of financing.

The plan proposed by Zhang Shuo is to increase the valuation to 10 billion.

Anyway.

After taking out the flight control system, Wujiang Technology has already taken a crucial step.

"No, it's still what I said, 1.5 million."

Wang Tao insisted, "I know that we took advantage of the B-round financing. At that time, Wujiang Technology had nothing. How could the valuation exceed 7 million?"

Since you want to integrate into the Germination System, you can't always just think about taking advantage.

"Alright!"

Zhang Shuo accepted Wang Tao's proposal, although he was not short of the 50 million.

At least Wang Tao's attitude is very heartwarming.

After this round of financing, Sprout Group will hold 48% of the shares of Wujiang Technology, close to a controlling stake.

Wang Tao also kept a cautious eye.

Although after the financing, Mengya Group will be the largest shareholder of Wujiang Technology, but if other shareholders join together, they will still own 52% of the shares, which can slightly overwhelm Mengya.

Of course.

This is actually a psychological comfort.

Guard against gentlemen, not villains.

If Germination Group really wants to do something in Wujiang Technology, let alone Wang Tao, it is estimated that it will be difficult to stop all other shareholders together.

When he left Germination Building, Wang Tao was in a daze.

"Obviously it's for congratulations, but why did you sell the company in the end?"

It's bizarre!

(End of this chapter)