The richest man

Chapter 286 Drones and Super Boxes
DJI was founded in 2006 and has been developing for four or five years. However, because the personality of the founder Wang Tao is similar to that of Jobs, he has a strong personality, pursues perfectionism, and always asks others to do things the best. Therefore, just now In the early days of entrepreneurship, many employees left, and some even took his technical achievements to other companies.This has made DJI, which was already in dire straits, dilapidated.Later, thanks to his mentor, Li Zexiang, who brought him funds and talents again, DJI did not end in bankruptcy.

In 2008, Wang Tao's drone dream finally blossomed, and a helicopter flight control system XP3.1 was officially launched, and DJI was valued by people.

Wang Tao’s expression was very shocked. Just now, he received a call from Shangguan Muye, the CEO of Legendary Technology Company. During the call, Shangguan Muye expressed his willingness to acquire DJI. As long as he joined Legendary Technology, Wang Tao’s dream could come true. The dream of making drones.

For Wang Tao, Legend Technology is undoubtedly a behemoth. With Legend Technology's technical reserves, R&D strength, publicity channels, brand influence, etc., once Legend Technology enters the drone market, it is most likely to become a leader in the industry .

DJI is still very weak at this time, and there is no way to compete with Legendary Technology.

Whether to accept the acquisition, Wang Tao was conflicted.

Later, he convened a general meeting of shareholders, and told Legend Technology that it wanted to acquire DJI, and everyone discussed it together.

Some people think that since Legendary Technology is optimistic about the drone market, it means that this market has huge potential, and it would be a pity to sell DJI.But some people think that DJI cannot compete with Legendary Technology, and its fate is worrisome and its future is uncertain. Instead of taking such a big risk, it is better to accept the acquisition of Legendary Technology.

"It's not like you don't know the strength of Legendary Technology. Whenever Legendary Technology enters a certain industry field, the original No.1 in this industry field is defeated by Legendary Technology Company! And as far as I know, Legendary Technology In fact, the company has also developed similar technology, which is mainly used in unmanned vehicles. The technology developed by Legendary Technology Company must be far superior to our aircraft control system. This is not because I want to impress others and destroy my own ambition, but it is the truth..."

Undecided, Wang Tao finally turned his attention to his mentor Li Zexiang.

"Teacher, what do you think of this matter?"

Li Zexiang heard the words, and said slowly: "If you want to realize your dream and make the best drone in the world, then Legend Technology Company is undoubtedly the best platform..."

Professor Li Zexiang's words are obviously inclined to let DJI accept the acquisition of Legendary Technology Company.

Before he came to DJI, DJI was just a grass-roots team of more than ten people. Although it has made some small achievements, it is not outstanding. It is not that there is no drone research and development in the industry that is better than DJI. According to Li Zexiang, the acquisition of DJI by Legend Technology is an opportunity for DJI.

The legendary technology company's acquisition of DJI will provide financial and technical support and sales channel support to DJI.

The shares of the original shareholders have been diluted, but they can still retain 30%.

As long as DJI can develop, the value of these 30% shares may far exceed the value of the original shares.

Hearing this, Wang Tao finally made a decision, and said, "I choose to accept the acquisition of Legendary Technology! The CEO of Legendary Technology, Shangguan Muye, has promised that they will only send people to supervise the finances, and will not replace DJI within three years." Management, therefore, DJI has a lot of independence. As long as the performance is good, Legendary Technology will continue to let us operate."

"Mr. Wang, that's what you said, but the face of capital is the ugliest. The moment you officially accepted the investment from Legendary Technology, you lost control of the company. It is easy for Legendary Technology to drive you away. Many Are there still few examples of the founders of the company being driven out?" People who opposed DJI's acceptance of the acquisition asked.

Wang Tao frowned when he heard this, and felt a little worried in his heart, but Zhang Jun and Legendary Technology Company have a good reputation and are well-known in the industry.

Moreover, Zhang Jun has a lot of companies and needs more talents to join the Legendary Group.

Wang Tao believes that he is one of the top talents in the field of drones in China...

The next day, Legend Technology sent a team to DJI to officially start the acquisition negotiations.

DJI's scale is very small, and its products are limited to the helicopter flight control system XP3.1.

After 10 days of negotiations, Legend Technology invested USD 2000 million in DJI and acquired 70% of DJI's shares.

This acquisition is required to be kept secret, otherwise if the outside world knows that Legendary Technology Company entered the drone market, it will not cause a sensation in the industry and cause unnecessary troubles.

After receiving financial and technical support, DJI already has all the conditions needed to develop a helicopter, which is named "DJI Spirit".

However, what Zhang Jun wants is that DJI can develop a drone product that can be delivered.

Wang Tao and others were surprised by Zhang Jun's request.

Drone delivery, only Zhang Jun dares to think!
However, after Wang Tao heard this, he immediately showed excitement, and he dared to develop such a drone.

Wang Tao and others began to recruit people frantically to expand the company's scale. The elites in the industry were attracted by the superior conditions of DJI and left.

In just over a month, the company with only a few dozen employees has rapidly grown into a leader in the industry with more than 500 employees.

But paper can't contain fire after all.

Many colleagues are wondering why DJI, which is also poor, has so much money to expand the company's scale?

So, after another half a month, the news of Legend Technology's acquisition of DJI spread like wildfire and spread on the Internet. For a while, it caused a sensation in the industry and attracted attention from all walks of life.

Some media said: "Drones are coming, hurry up and get in the car!"

Netizens were even more impressed after seeing the news. Drones, I had only heard of military drones on the Internet before. When I saw the news, I felt incredible.Nowadays, civilian drones are about to go on the market, so why not buy a drone quickly?

Netizens are full of expectations for DJI drones, leaving comments on the official website of Legend Technology Company and DJI official website, hoping to buy drones as soon as possible.

Originally, the drone market was small, but after this publicity, the commercial drone market has become a blue ocean.

Isn't it a new trend that even legendary technology companies are going to enter?
For a while, many companies that originally engaged in drones saw their market value increase. At the same time, venture capital companies entered the market one after another, looking for investment targets.

Seeing this, Zhang Jun was also helpless. People are afraid of being famous and pigs are afraid of being strong.

Every move of Legend Technology Company has attracted much attention. Fortunately, Legend Technology Company is not listed and does not need to announce its various investment plans. Otherwise, there will be a lot of followers behind each investment plan, and the competition will be too fierce .

However, Zhang Jun has already learned his lesson. If he wants to acquire other companies in the future, he will do so through an unknown overseas offshore company.

For Dajiang, it is not all bad.

Since the news that DJI was acquired by Legendary Technology Company came out, countless outstanding talents in the industry have flocked in, and people who had been extremely difficult to dig into the wall before took the initiative to contact them. .

"Fortunately, we accepted the acquisition of Legendary Technology Company, otherwise our company doesn't know how many employees we can have left..." the personnel director sighed.

The most important resource of an enterprise is talent, without talent, it means that the company will decline.

DJI's development speed has immediately reached a new level. Even if it is the foreign drone giant PK, Wang Tao and others are not afraid.

Since the beginning of 2011, the UAV market has started fierce competition.

It remains to be seen who will win in the end.

……

In this year, the country began to attach importance to copyright and stepped up efforts to crack down on piracy of film and television and music.

In fact, this is very beneficial to Legendary Technology Company, because Legendary Technology Company attaches great importance to copyright from beginning to end. The film and television works broadcast on Netflix and YouTube are bought with money, and many of them are exclusive copyrights.

Most domestic video sites such as Baofeng, Tudou, and Youku are not willing to spend money to buy copyrights. Isn’t it good for free, why spend money?

That is to say, Boss Jia’s LeTV pays more attention to copyright, and bought a lot of film and television copyrights at a low price.

Therefore, during the country's copyright rectification campaign this time, LeEco's stock increased significantly, and Boss Jia was in high spirits, and took advantage of the good market to quickly raise a wave of capital.

Boss Jia has great ambitions. He doesn't want to just build a simple video website, but wants to build a LeTV ecosystem.

What is LeTV Ecology is to create an ecological vertical industrial chain "content production-platform-terminal application", produce content by itself, and create a LeTV film and television production company. TVs, super phones, super cars, LeTV boxes, etc...

Of course, Boss Jia's current ambitions haven't made him think so far, but he has already established LeTV Pictures.

"Boss, LeTV has been very active recently. Its stock price has skyrocketed. It has become the best-developed video website in China besides our company. Recently, LeTV has also raised funds to establish LeTV Pictures."

Zhang Jun had already seen these news on his mobile phone. Boss Jia of LeTV had invited Zhang Zhao, who was formerly in the Guangguang business, to join LeTV Pictures and invested in the movie "Little Times".

Boss Jia’s success in investing in the establishment of LeTV Films allowed him and LeTV to experience the fun of being in the upper reaches of the industry chain, and then it got out of hand.

Seeing him rising from a tall building, seeing his banquet guests, seeing his building collapsed.

Zhang Jun waved to Shangguan Muye and said, "Just be yourself and don't worry about LeTV. But since the country has begun to pay attention to film and television copyright, then we can develop a legendary film and television network TV box..."

"Boss, why don't you add the game console function to the network box so that users can watch TV and play games at the same time." Shangguan Muye said, Legend Technology's strength is game development. When Zhang Junyi mentioned the network TV box, Shangguan Makino couldn't help thinking of games.

Zhang Jun raised his eyebrows slightly, and said hesitantly, "The cost of adding game consoles may be too high for ordinary consumers to accept!"

"Boss, we can set up the expansion interface... The basic function of the network box we developed is to watch TV, but consumers can add 'game exclusive accessories' through the expansion interface. Maybe our box will be a little bigger than other companies' boxes, but In my opinion, the box should not be much larger. If it has an excellent design, then consumers can accept it. Of course, we can also design a cheaper and smaller network box, but this kind of box has no expansion interface and can only be used for watch TV."

Zhang Jun couldn't help nodding when he heard this. If it has the function of expanding the interface, although the network box will be a little more expensive than the boxes produced by other companies, it will not be too outrageous. Many people who want to play games but are not rich enough can buy this kind of box, and then Wait until you have money to buy "exclusive game accessories", so as to realize the dream of playing games.

Comparing one's heart to one's heart, young people are playful, and most of them will choose this way.

"Okay, let's develop these two types of network boxes. However, the first type, the network box that combines TV + games, seems to be quite difficult to develop. Can the company's engineers realize it?" Zhang Jun then asked.

Shangguan Muye's understanding of technology is far superior to that of Zhang Jun, and immediately said very confidently: "There is absolutely no problem!"

Zhang Jun said again: "It can't be worse than Wii!"

"Boss, don't worry, the products we make must surpass the previous ones, otherwise wouldn't it be a step backward?" Shangguan Muye nodded with a smile.

Zhang Jun smiled when he heard the words, "That's good. The development of PC games and mobile games has affected TV games. Many young people in China rarely play video games. I hope that the product we developed this time can make gaming TVs popular." The fire is reborn, bringing entertainment back to the living room!"

"It's definitely possible!" Shangguan Muye said confidently.

The screen of the TV is far superior to that of computers and mobile phones. Legend Technology’s latest TV has 4K 120Hz high-definition and high-definition resolution. If it is used to play games, such a high-quality image will definitely make the gaming experience even better. .In terms of the picture quality and film and television functions of the TV alone, the game TV can even be called a high-quality TV product, and it can be called an audio-visual feast.

"I believe it too!" Zhang Jun smiled, patted Shangguan Muye on the shoulder, and said.

Shangguan Muye continued to chat for a few words before leaving, and hurried back to the meeting to discuss the research plan of the new project.Internet boxes may become the secret weapon for legendary technology companies to occupy consumers' living rooms again...

At this time, Zhang Jun couldn't help but think of the Shanda company in his previous life. Shanda was the first to make TV boxes in China, but his luck was too bad and he was too far ahead, so he became a martyr~ It's a pity.

(End of this chapter)