You call this entrepreneurship?

Chapter 283 Artificial Intelligence is the next hot topic! (5K)

Liu Yuanrui is in a complicated mood now. He is not sure what Mr. Qin is thinking.

I couldn’t hear anything from the phone, but what if Mr. Qin was unhappy?

The deal had been agreed upon, but one party went back on its word when it came time to sign the contract.

Even when discussing ordinary business, the party whose contract was breached will still speak ill of the party.

What's more, it was President Qin who took the initiative to invite them to join and even spoke well of them in front of Xiong Xiaoge.

He agreed to it at the time, but then turned around and denied it. This is really shameless.

As the middleman, Liu Yuanrui felt embarrassed.

Old Huang, even if you want to die, don't take me with you.

Do you think this is like your hometown? Don’t you understand how deep the water in Beijing is?
Especially this Mr. Qin, who looks young but is very ruthless.

When Qin Shaoyan was running the campus network, a competitor was so ignorant that he even dared to send opening invitations to his door.

It's the equivalent of taunting someone and issuing a challenge.

The results of it?
This ignorant opponent was completely subdued by President Qin on the first day and paid five million yuan to admit his mistake.

A few days later, people from Microsoft China came to investigate piracy and closed down the competitor's company.

There is no need to think about it, it must be the work of President Qin.

What is his relationship with Bill Gates? They were just friends who poured ice water together in the middle of winter. Now he wants to get you just by making a phone call.

After several rounds, the competitor couldn't even last a month and was driven out of the capital in disgrace.

From then on, all competitors in the campus social field were terrified at the mention of him.

Mr. Qin used his connections with Microsoft right from the start, just to make an example of someone and give a warning to all his colleagues.

The purpose is simply to tell everyone how deep my background is and how big my connections are.

When it was being promoted nationwide, it was a huge event. Administrative agencies across the country cooperated and advertised everywhere in the name of the Olympic Committee.

Could this be an ordinary person?

Now that you have offended Mr. Qin, who has a powerful background but seems to be a narrow-minded person, will you end up well?

With a nervous mood, Liu Yuanrui forced the hesitant Jiang Mingsheng to go with him and rushed directly to the campus network company.

After arriving at the place, the front desk asked some questions and took the two directly to the president's office.

Compared with the luxurious environment of the hotel box, Mr. Qin's office appears to be low-key and simple.

Not only is the place small, but the decoration is also unremarkable.

An ordinary desk, an ordinary chair, an ordinary sofa.

Only the various trophies and medals filled in the cupboards on the wall seemed a little unusual.

Of course, there are also various celebrity photos hanging on the walls.

The most eye-catching one is the photo with Bill Gates, where the two of them stood in front of a glass wall, looking at the whale shark inside.

This photo is not only very large, but the picture is also very strange, which makes people want to take a second look.

"The two bosses are here, please sit down." Qin Shaoyan sat on the chair, without even the intention of getting up, and waved his hand casually.

Upon hearing this, Liu Yuanrui and Jiang Mingsheng felt nervous. This attitude was not right.

Zhang Pingyi, who was reporting nearby, stood up silently, pulled two chairs for the two men, and asked them to sit down.

Qin Shaoyan looked at the two of them expressionlessly, and slowly said, "Brother Liu, why did Boss Huang want to withdraw?"

"Are you dissatisfied with the terms of cooperation?"

Liu Yuanrui was a little embarrassed. "Old Huang was a little soft-hearted. He was fooled and wanted to invest in another company."

"Which one?" Qin Shaoyan asked.

Liu Yuanrui hesitated, but still told the truth, "It's a company called Leshi.com, and the boss is from our hometown in Shanxi Province."

"Old Huang couldn't save face for his friend and fellow villager, so he agreed after his heart softened."

"Did you become soft-hearted, or do you think that Leshi.com has a better future than our Qvod?" Qin Shaoyan smiled faintly, "Didn't Brother Liu talk to Boss Huang?"

"It's not too late." Liu Yuanrui sighed, "This is also my fault."

"Brother Liu, you don't have to do this. I don't blame you." Qin Shaoyan turned his head and looked at Zhang Pingyi, "Master Zhang, please remember this."

"Let a group of people from the marketing department keep an eye on Leshi.com and talk to the legal department again. The evidence must be solid."

Liu Yuanrui's hands trembled.

Good man, you're already holding a grudge against me.

Zhang Pingyi agreed and wrote down "Leshi.com" in his notebook.

Liu Yuanrui's eyes twitched when he saw this scene.

Qin Shaoyan turned around and smiled again, "Brother Liu, we agreed on 30 million and % of the equity."

"Now that Mr. Huang has withdrawn, we are 50 million short. What should we do?"

Jiang Mingsheng said cautiously beside him: "How about we two make up for it."

"Oh?!" Qin Shaoyan said calmly, "It won't be difficult for the two bosses to pool the money, right?"

"No, no." Jiang Mingsheng explained quickly, "We can still get it together if we grit our teeth."

Liu Yuanrui felt a little headache. This was not just a matter of raising money.

Although paying an extra 25 million was a pain in the ass, it wasn't a major setback.

He just doesn't want to fill in the gaps for others. Lao Huang was fooled by Lao Wang and ended up committing suicide. Why should he pay for it?

"Boss Qin, I want to persuade Old Huang first." Liu Yuanrui said slowly, "He is just a little hesitant and hasn't really said he wants to withdraw his shares. Besides, if he withdraws, I can find someone else."

Qin Shaoyan nodded with satisfaction, "Thank you for the trouble, Brother Liu."

Liu Yuanrui quickly said, "Boss Qin, you are too kind. This is what I should do."

Qin Shaoyan finally smiled, "Brother Liu is honest in doing business, and I like dealing with honest people."

"After all, there is no order without rules. If you do business without following the rules, there will be no business to do."

Liu Yuanrui glanced at Jiang Mingsheng, and neither of them spoke.

"That's the end of it." Qin Shaoyan smiled, "Brother Liu and Boss Jiang are here, so I'll have a frank chat with you two."

"Maybe some outsiders spread rumors, and the two bosses didn't understand the situation in the Internet industry. They felt that they had suffered a loss in the cooperation, so they had some grudges against each other."

"So I think it's better to speak frankly and openly to dispel your doubts so that both sides can cooperate happily."

"Since you two trust me, Qin Shaoyan, to invest money in this, I can assure you that it will definitely make money."

"I can't guarantee how much I'll earn, but at least I won't lose money."

Qin Shaoyan glanced at the two of them and said slowly, "Of course, doing business is definitely for making money, otherwise you two wouldn't invest real money in me."

"First, make money, and then make a lot of money. This is the dream of every businessman, and there is nothing wrong with that."

"I'm asking you to cooperate, one is to repay Brother Liu's favor, and the other is to test you."

Inspection?!
Liu Yuanrui was cheered up. From what he heard, he knew there was something bigger to come.

"The film and television company is just an appetizer." Qin Shaoyan said domineeringly, "The real feast is still to come."

"Through this incident, I feel that Brother Liu and Boss Jiang are still trustworthy, so the inspection is fine."

"I will tell you two how I make money using the Internet."

Hearing this, Jiang Mingsheng also perked up. Although he didn't know what Qin Shaoyan was going to do, it would be nice to listen.

"Two bosses, do you know how I made my fortune?" Qin Shaoyan asked back.

Liu Yuanrui hesitated for a moment, "Mr. Qin started his career in the Internet industry, right?"

"That's right, and it's not right." Qin Shaoyan laughed, "There are so many Internet entrepreneurs, why am I the only one who succeeded?"

That's because you have money and background.

But he couldn't say that, so Liu Yuanrui could only ask, "Brother Qin, please help me solve this problem."

Qin Shaoyan raised two fingers and said, "I have two companies. One is Campus Network, which has a valuation of 5 billion. The other is Qvod, which has a valuation of 300 million US dollars."

"The campus network has only been around for a year and a half, and Qvod has only been around for four months. There is no one in the entire Internet industry who is more professional than us."

“Why have I achieved such great success in such a short period of time?”

"There is only one secret, which is to follow the trend. Follow the trend when you see the right opportunity."

follow suit?

Liu Yuanrui was stunned for a moment, and then he became confused. Follow the trend to make money?
"For example, why did the valuation of Qvod rise so quickly in such a short period of time?" Qin Shaoyan replied, "Of course it's because of the overseas video website YouTube. As a domestic video website benchmarked against YouTube, Qvod's valuation naturally rose as well."

“It’s not that I made a great website, but that I copied the experience of successful websites abroad.”

"As a new track in the Internet field, video websites are favored by foreign investors, and Qvod, as a replica, naturally has value." "Plus, it has taken the lead and become the first video website in China, so investors will repeatedly compare it with YouTube."

"YouTube's valuation is high, so Qvod's valuation is also high."

"Qvod.com and some special reasons have led to a slightly higher valuation."

Liu Yuanrui suddenly realized, so that's how it was.

"This matter is not complicated at all," Qin Shaoyan said lightly, "The domestic Internet is copying the American Internet model."

"For example, Sina, Sohu and NetEase all copied foreign portals, including search engines and email."

"The chat tool was also copied."

"Look at these companies that have grown by following the trend of their American counterparts. Which one of them is not a listed company?"

"The domestic Internet relies on copying. It depends on who can copy faster and better."

"The current American Internet only needs to innovate a model, while domestic plagiarism requires more considerations, such as localization and how to improve it to suit domestic conditions."

"Take campus network as an example. Both it and Facebook, the most popular platform in the US, adopt the social networking model of acquaintances, but campus network is different from Facebook in many ways."

"For Internet startups right now, as long as you copy early and do it well, you can easily get someone to invest in you. Even if you can't do it, you can just sell it to someone else."

Liu Yuanrui finally understood at this time that this was how the Internet industry made money.

The phenomenon of following the trend exists in all walks of life. When seeing others making money, others will follow suit.

However, there is a threshold to following this trend. For example, if they mine and sell coal, if you want to follow suit, you must first buy a mine.

Not to mention how much it costs to buy a mine, you also have to take on great risks, such as how much reserves the mine has.

Add to that the costs of mining machinery, workers, opening up sales channels, and other such arrangements, and the cost is quite high.

Even if you open a restaurant, you still have to buy a store and decorate it first.

The Internet is different. It is very easy to follow the trend. It is just a matter of a few lines of code, and the cost is almost zero.

How did Qin Shaoyan make his fortune? He just followed the trend and plagiarized others.

Kuaibo copied YouTube, and Campus Network copied Facebook. He said this himself.

Liu Yuanrui suddenly realized that the Internet was so simple.

Then why don’t you try copying it yourself?

Qin Shaoyan changed the subject at this time, "Of course, there are also some rules for following the trend."

Liu Yuanrui and Jiang Mingsheng immediately became alert and listened attentively to Qin Shaoyan's entrepreneurial experience.

“You need to identify new trends and new fields, and don’t blindly follow the trend. If you see something is popular, you won’t be able to catch up at all.”

"Being able to spot new business opportunities in advance is a test of one's personal qualities and foresight in the Internet market, which not everyone has."

So, what I said just now were just polite words, and the truly valuable part should be what comes later.

"I go to the United States for a few months every year. On the one hand, it is to collect materials, and on the other hand, it is to observe new trends in the industry and find the next outlet." Qin Shaoyan suddenly revealed a mysterious smile.

“This time I went to the United States and found a new opportunity.”

Jiang Mingsheng couldn't wait to ask, "Boss Qin, what new business opportunities have you discovered?"

"As the Internet has developed to this point, various models have been tried by people, and there are few directions for innovation." Qin Shaoyan sighed, "So we have to look for it in a new track."

“It’s not accurate to say it’s a new track. This has actually been proposed a long time ago, but people just haven’t taken it seriously.”

"But this is a good thing. If everyone pays attention to it, it won't be my turn to take advantage of it."

Liu Yuanrui was also a little anxious, "Boss Qin, what on earth is this thing?"

Qin Shaoyan said slowly: "This thing is called AI."

"Ah?!" Liu Yuanrui and Jiang Mingsheng looked confused.

"AI, or artificial intelligence," Qin Shaoyan explained, "means that machines think like humans and have the same IQ as humans. This is the general direction of future high-tech development."

Liu Yuanrui was a little confused. "Boss Qin, why does this sound like science fiction?"

"NONONO!" Qin Shaoyan shook his finger. "This thing is not science fiction at all. It already has a prototype."

"Why did I focus on artificial intelligence? Because I saw the prototype of this thing in Bill Gates' home."

Ok?
Bill Gates?

Liu Yuanrui and Jiang Mingsheng looked at each other.

Qin Shaoyan took out a few photos from the table and handed them to the two coal bosses. "When I was in the United States, Bill Gates invited me to his home as a guest."

“His mansion is called the house of the future because he used the most advanced technology to create a smart home system.”

"Let Mr. Zhang give you a detailed introduction to the operation and principles of smart home."

"What you have in your hands are the photos we took at the time. You can see that the furniture inside is controlled by a computer system."

Zhang Pingyi, who had been standing nearby, was stunned for a moment. Seeing Qin Shaoyan winking at him, he began to explain helplessly.

The two coal bosses looked at the photos and listened to Zhang Pingyi's speech, and couldn't help but exclaim in amazement.

I am extremely envious of Bill Gates' luxury, and at the same time, I am immersed in the sci-fi scenes of smart home applications.

"You've all seen that Microsoft is already working on a prototype of artificial intelligence," Qin Shaoyan said slowly. "In fact, not only Microsoft, but other companies are also building their own technical teams to seize this opportunity."

"And in China, no one is doing this at all." Qin Shaoyan's face became serious, "So, we can seize this initiative."

“Spend some money to get it started first, and when the boom comes, the valuation of this thing will at least increase tenfold, or even a hundredfold.”

Liu Yuanrui and Jiang Mingsheng took a deep breath, their eyes filled with shock.

The Internet is really profitable, with low costs and huge profits.

This thing is more profitable than mining.

Liu Yuanrui and Jiang Mingsheng suddenly felt their hearts stirring, but they immediately suppressed it.

Don't get excited, just listen.

"You two bosses may think that what I said is a bit exaggerated." Qin Shaoyan smiled, "I didn't say this valuation casually, because I have a way to cash it out for you directly."

"Do you know why Qvod is selling for $300 million?"

Liu Yuanrui and Jiang Mingsheng shook their heads.

"Because this price was agreed upon by Bill Gates and me." Qin Shaoyan said calmly, "My main purpose of visiting Bill Gates' home was to discuss the acquisition of the video website."

"Bill Gates has taken a fancy to YouTube, and he wants to buy it together with Qvod to expand the domestic market."

"As long as the product is good, there are plenty of people who will pay for it."

"For example, YouTube was being fought over by Yahoo, Google and Microsoft. I watched the entire acquisition negotiation and it was quite shocking."

Qin Shaoyan said with emotion: "Americans are really willing to spend money."

Liu Yuanrui pondered for a moment and asked cautiously, "Boss Qin, how much does this artificial intelligence you mentioned cost?"

"It won't cost much in the early stages, but considering that this thing has a development process." Qin Shaoyan pondered for two seconds, "I think it's better to have more funds and do it in one go."

"Well, each of you should invest 10 million first and see how it goes."

Jiang Mingsheng's expression changed, and just as he was about to speak, he was stopped by Liu Yuanrui.

Liu Yuanrui smiled and said, "Thank you, Mr. Qin, for your appreciation and respect for me. You didn't forget to help me with the opportunity to make a fortune."

"I have to invest, I won't miss the chance to make money."

"But the most important thing right now is to replenish the funds of the film and television company first. We will go back and raise money now!"

"Let's finalize the film and television company first, then we can talk about making big money. Otherwise, we will be uneasy."

Jiang Mingsheng also said quickly: "Yes, yes, yes, we should make up the money to the film and television company first, otherwise we will not have the face to cooperate with you again."

Qin Shaoyan nodded with satisfaction, "The two bosses are right, let's finalize the film and television company first, and then talk about making money."

Liu Yuanrui and Jiang Mingsheng left with mixed feelings.

Zhang Pingyi, who was watching the whole process, also had a very interesting expression on his face. He hesitated for a moment and said, "Boss Qin, are you serious about this artificial intelligence?"

"Of course, I'm not a liar who gets something for nothing." Qin Shaoyan said without hesitation, "If I say I will do it, I will definitely do it."

Zhang Pingyi looked troubled. "Artificial intelligence is not easy to deal with. I don't understand it either. I'll try to find you some people who are good at it."

"Don't be in a hurry, just set up the company first." Qin Shaoyan said in a relaxed tone, "Just find a few programmers and make a demo."

"Ah?!" Zhang Pingyi was shocked. "Boss Qin, are you confused again?"

“Is artificial intelligence something that can be made so easily?”

"A demo? That's easy for you to say."

"Why don't you know how to adapt?" Qin Shaoyan said speechlessly, "What is the key to artificial intelligence?"

“The key to artificial intelligence is not intelligence, but artificiality.”

(End of this chapter)