giants of the era

Chapter 383 5 Trillion
On the morning of November 1994, 11, Qualcomm had developed a technology. Li Zetian was overjoyed and went to inspect the company.

"Mr. Li, look, this is the wireless local area network communication technology wifi we developed. The short-distance effective coverage range can be within 50-100 meters, if there are no obstacles..." Qualcomm CEO Owen Jacobs The doctor brought Li Zetian to the laboratory, and demonstrated the function of wifi while explaining.

Li Zetian nodded secretly, and smiled very satisfied: "Well, not bad, it's even better than I imagined!"

Dr. Owen Jacobs said with a smile: "Of course, wifi still has a lot of room for improvement, and we are confident in developing a more powerful wifi."

Li Zetian smiled, not doubting the strength of Qualcomm.

"Are you applying for a wifi patent?" he asked.

"Of course I did!" Dr. Irving Jacobs replied.

"Well, the key now is to promote wifi standards!!!" Li Zetian said, "The promotion of wifi standards is inseparable from the support of other companies. Qualcomm can cooperate with Galaxy Networks to develop wifi wireless routers. The company, Mango Computer Company and other computer manufacturers, as well as Microsoft, cooperate to develop wifi wireless notebook computers!"

Qualcomm does not have its own factory and is an intellectual property (IP) supplier, similar to ARM.

Therefore, Qualcomm did not produce wireless routers itself.In addition, the router is originally monopolized by Galaxy Network, and the wifi wireless router is produced by Galaxy Network, which is naturally the most suitable.

Dr. Owen Jacobs smiled and said, "Mr. Li, I'm planning to do this!"

Li Zetian nodded, and immediately asked about the development of CDMA.

At this moment, a research institution in Australia is also developing wifi, which will be a strong enemy of Qualcomm.

Under Li Zetian's very active leadership, Qualcomm, Galaxy Networks, Apple, Mango Computer, and Microsoft gathered to discuss cooperation matters.

With the help of Qualcomm, the development of both wireless routers and wireless laptops will become very easy.

Moreover, Li Zetian also believes that with the support of so many powerful companies, establishing a wifi standard should not be a problem.At that time, even if Australian research institutions launch their own set of wifi standards, they will not become popular.

……

Soon, 1994 passed without knowing it. By the end of December, the number of new Internet companies in the world exceeded 12, which is simply jaw-dropping.

During this period, some other Internet companies were listed on Nasdaq, and their market value was quite high, far exceeding the value of the website itself, which led to more people's fanatical pursuit of Internet companies, and even completely lost Beyond rationality, almost blind.

Of course, there are still some cautious people who are secretly surprised, worried that this will be a different kind of tulip bubble!
However, this kind of voice is pitifully small. The current Internet fire is a general trend, and no one will listen to the advice.

December 1995, 1.

The registered users of qq reached 2950 million.

For such a long time, Tencent has been burning money, with a loss of 1500 million US dollars a year, which has made the industry look bad, and the voice of doubt in public opinion has become louder and louder. Many people have ridiculed Li Zetian for establishing Tencent, which is purely a loss. buy and sell.

Even "Time" magazine published a sarcastic remark.

However, at this moment, Tencent finally made the most powerful counterattack against these public opinions.

Tencent held a press conference, and dozens of telecommunications companies and mobile phone manufacturers including Sprint, MCI, AT&T, Apple, and Nokia attended the release.

"Hello everyone, welcome to Tencent's press conference. Recently, due to Tencent's serious cash burn, it has caused doubts in the industry, and many people even concluded that Tencent will go bankrupt sooner or later! Hehe, I want to say, I'm sorry, Not only will Tencent not go bankrupt, but on the contrary, it will become a great company, a Fortune [-] company in the world!!" Tencent CEO said loudly.

"Chronos·Li once said that in the Internet age, traffic is money! This sentence can be called a wise saying!"

"QQ software has nearly 3000 million users, and the daily traffic is huge! Many people ridicule Tencent's inability to make profits and scoff at it. In fact, we have found a profit point, but we did not take it immediately in order to attract more users. Action. Right now, qq software has occupied the instant messaging market, and the time is ripe..."

"Now, I will grandly introduce the profit-making methods of qq software!"

"Tencent will launch qq membership and value-added services. All paying users can be called qq members and enjoy value-added services. Value-added services include qq level acceleration, qq group creation limit increase, qq show, top ranking..."

"Everyone, please look at the big screen. The new version of QQ software will show you these value-added service items one by one!"

Following the explanation given by the CEO of Tencent, everyone in the audience was in an uproar.

"Damn it, I satirized Tencent for not finding a profit point before. I didn't expect Tencent to come up with such a wonderful idea!!! QQ membership and value-added services... I have to say, it's really amazing!!!"

"There are almost 3000 million QQ members. If only one-tenth of them pay, there will be 300 million! Oh, God, isn't Tencent making a lot of money!"

"Hungry, the qq membership is not permanent, and you have to renew it every month... This shit, the loss-making Tencent company can figure it out, this is too good at making money~~!!"

"..."

The audience was noisy and there were many discussions.

The employees of Tencent are now elated. Didn't you joke that Tencent is a money-losing product?How are you doing now?Do you still dare to say that we are money-losing goods?Hmph, I don’t even think about who founded Tencent. Chronos Li is such a genius, can his company lose money?
The CEO of Tencent suppressed his hand and signaled everyone to be quiet, and he said proudly: "That's not counting, Tencent's profit points are far more than that!!!"

"Tencent has other ways to make money?!"

When everyone heard this, they were shocked again.

They already feel that Tencent's profit-making methods are awesome enough, and they really can't think of other ways.

At this moment, the CEO of Tencent invited representatives from Sprint, AT&T, Apple, and Nokia to the stage.

Everyone looked at them, puzzled.

"What's going on here, why did Tencent call them on stage?"

"Sprint and AT&T are telecommunications companies, Nokia is a famous European mobile phone manufacturer, Apple is not only a manufacturer of personal computers, but also involved in mobile phones in the past two years, defeating Motorola in one fell swoop, becoming the world's largest mobile phone company Manufacturer. Could it be...Tencent wants to install the qq software into the mobile phone!!!" At this time, the very smart people in the audience had already guessed what Tencent was thinking.

"Hi everyone, next I will focus on introducing Tencent's biggest profit method - wireless value-added services!!! As you can see, there are telecom companies and mobile phone manufacturers on the stage. Sprint, AT&T and other telecom companies will jointly Mobile phone manufacturers such as Apple and Nokia have expressed their support for the joint construction of Monternet and the platform WAP for mobile Internet access. The qq software will join Monternet, and telecom users can choose to subscribe to monthly subscriptions or pay by traffic to open WAP to use mobile phones. Go online. In other words, mobile phone users can use qq software on their mobile phones in the future!"

"This is Tencent's wireless value-added service. We charge part of the fee from the telecom company. The more users who subscribe to a month or use data, the more Tencent will earn! According to statistics, there are more than 3000 GSM and CDMA mobile phone users combined. However, with the improvement of manufacturing technology and the reduction of material prices, mobile phones are no longer expensive, and their popularity is very fast, and it is expected to exceed 5000 million!"

After listening to the introduction by the CEO of Tencent, everyone couldn't help but gasp. Tencent actually uses mobile phones to expand the number of users and influence, and even make a lot of money from it!God, who the hell came up with such a brilliant idea! ! !

At this time, people were not only shocked, but also shocked!

Tencent is still awesome, if it doesn't make a name, it's a blockbuster.

And still so patient... just to break out at this moment and slap everyone in the face.

Experts and professors are silent.

The keyboard warrior retreated.

Media opinion immediately changed.

The next day, when all qq users log in, the software is automatically updated.

The new version of qq has more functions and is more interesting than the old version of qq.

There are so many users who have become QQ members, an increase of 53 people in just one day.

The monthly fee for qq membership is $2, which is neither expensive nor cheap. European and American users have strong spending power, so this amount of money is nothing.

One month later, the number of QQ members reached 900 million, which is equivalent to earning 1800 million US dollars. This is the first month's income, and there will definitely be more QQ members in the future.If wireless value-added services are included, Tencent's annual revenue may exceed US$10 billion.

Tencent makes so much money. When the group of people on Wall Street looked at Tencent, their eyes were red, and they all wanted to invest in Tencent. It's just a pity, because Tencent is Li Zetian's company, so they don't need their investment.

Wall Street really loves and hates Li Zetian.

Once the company created by Li Zetian goes public, they can make a lot of money.However, the company he created, Wall Street has no way of making a profit before it goes public.

At this moment, Wall Street's valuation of Tencent has suddenly increased from US$30 billion to US$300 billion, which shocked many people.

Inside Tencent, there is no one who accidentally spread the news that the design of QQ and those wonderful ideas were all thought up by Li Zetian.

For a moment, everyone was shocked by Li Zetian!
There are endless discussions on the Internet.

Li Zetian broke into a cold sweat while watching netizens' comments.

"Damn it!!! Someone actually wants to open my head and see what's inside...how is Chronos Li so smart?!"

"Did I provoke someone~~~"

Li Zetian is very innocent, but he really felt a sense of crisis in his heart, wondering if he performed so well, would he be treated as a guinea pig?His sister, he needs to hire more bodyguards when he goes out in the future.

It seems that we should keep a low profile in the future.

Come on, a lot of money has been made on the Internet, it's time to focus on investing in other industries.This year is already 1995, and two years later, the financial crisis in Southeast Asia broke out again, and there will be plenty of opportunities to make money in the future.The money on hand is really scary now, and it can only be spent by crazy investment in high technology.

In fact, Li Zetian is so desperate to make money because he is afraid of lack of funds for scientific research in the future.

Li Zetian looked at Dongfang Yuqin and said, "Yuqin, let's count how much cash reserves Umbrella Company has now."

Dongfang Yuqin was slightly taken aback, "Mr. Li, have you made any big moves recently?"

"Yes!" Li Zetian nodded and said, "I want to set up a super nuclear energy laboratory, a super solar energy laboratory, a super nano laboratory, and a super new material laboratory!"

In terms of energy, Li Zetian has a "global power company" under his name, which was originally called the Hongkong Electric Company, which integrates power generation and power supply.

Breakthroughs in the nuclear and solar labs could propel power companies around the world.

Especially in the super nuclear energy laboratory, Li Zetian naturally hopes to develop nuclear fusion technology in his lifetime! !

At that time, there will be no shortage of energy on the earth, and nuclear fusion can also be applied to the aerospace industry, interstellar long-distance travel will not be a problem.

Dongfang Yuqin nodded and said: "Okay, I will order the financial statistics immediately."

"Ah."

Because Li Zetian has too much wealth, it will take a long time just to count.

Two weeks later, Dongfang Yuqin put a piece of data on Li Zetian's desk.

"Mr. Li, the statistics of property statistics are completed, please have a look."

Li Zetian took a look at the document, what the hell, he didn't know if he didn't read it, and he was frightened when he saw me. It turns out that I'm already so rich!
This data report is very complicated, because the huge cash reserves of the umbrella company are not only stored in the bank, but most of the funds are used for various investments.

Investing, of course, is money and money.

The more than 1 trillion US dollars earned by the Soviet Union basically did not spend much. Over the years, the investment income and the dividends of the companies under Li Zetian's name add up to an astronomical figure.

"Mr. Li, the members of the family office have made a detailed calculation of all your current net worth, which has exceeded US$5 trillion! Umbrella companies have invested in a large amount of real estate, bonds, stocks, funds, etc., and can be called in a short time Its capital is 3000 billion U.S. dollars!" Dongfang Yuqin said slowly.

5 trillion US dollars, this is really rich!
As far as Li Zetian knows, many of his businesses are still in the early stages of development, and in a few years, his net worth will not exceed US$10 trillion.

Let's just talk about Li Zetian's investment in China. With the development and growth of China, his assets have increased dozens of times!
Crazy, Li Zetian was so happy that he almost went crazy!

Set a small goal, mad, before 2000, earn enough 10 trillion dollars! ! !

(End of this chapter)