The technological competition starts with the integration of space-time memory

Chapter 48: Being Cut Back
Li Tang didn't let Qiu Yitong finish his words. "As an investor, you should understand that Weiguo Capital is an angel round, and you are in the A round. Your market value is growing every day!"

Qiu Yitong felt as if a mouthful of blood was stuck in his chest.

To be honest, if he accepted it, he really didn't think this track was promising, not to mention that he was ripped off.

If I don’t accept it, will it mean losing the opportunity to cooperate with Li Tang?

That means he failed to complete the task assigned by Mr. Ye.

Li Tang kept smiling, "If Mr. Qiu is really in trouble, there is no need to hang himself on a tree..."

"Let's vote!"

Qiu Yitong quickly interrupted Li Tang's next words.

If Li Tang said the refusal later, the cooperation would be really ruined. He didn't want to bear the responsibility for the failure of this mission!

At this moment, Assistant Yang, the beautiful lady in business attire beside him, was shocked and didn't understand why Mr. Qiu was so submissive today.
Li Tang was also a little surprised, "Oh, Mr. Qiu has agreed?"

"Yes, 10 billion, 15% equity!"

"Yes, Guoxin Fund is indeed a large fund, with such abundant capital that it is enviable."

Qiu Yitong smiled awkwardly. He always cut the founders with a knife, but he didn't expect that today he would be cut by the founder.

Li Tang's original idea was that if Guoxin Fund did not want to invest in Datang Medical, then let them invest in Datang Software. After all, Guoxin Fund was very powerful in the south.

Facilitate the promotion of "Fox Hunting" software and other software.

Unexpectedly, they invested 10 billion without even blinking an eye.

Hiss, it seems I sold it too cheaply.

Seeing his assistant winking at him, Qiu Yitong finally recovered a little.

He said somewhat unwillingly: "President Li, we hope to have a specific product launch schedule after the investment, and this should be written into the investment agreement.

If you fail to complete the transaction, you will need to buy back the 15% stake with 10 billion.”

Li Tang blinked his eyes. "You mean, if the product fails to be launched on schedule, you will withdraw unscathed, even if you have already spent 10 billion on production?"

"Yes, this is the responsibility that your founding team should bear. Otherwise, if you take the money and do nothing..."

Li Tang nodded, "I see, I understand. Since it's a bet, then I want to ask, if the product is listed earlier than the scheduled time, will there be any reward?
For example, you give away 5% of your shares as a reward to key employees? "

Qiu Yitang was stunned. "I'm afraid this won't work. After all, it's you who set the product launch schedule. If it's intentional... there's nothing we can do..."

"You can ask a third-party expert to evaluate the reasonableness of the timeline, or you can propose a timeline that you think is necessary to launch the product, right?"

Qiu Yitong was a little confused. Was Li Tang sure that he would be ahead of schedule?

But we can propose a strict timetable.

"Dean Li, aren't you worried that our time requirements will exceed your limits?"

"Well, although people say that capital is cruel, it is also profit-seeking and will not make unreasonable demands."

Qiu Yitang said immediately: "Of course, I think Daqin Medical has just been registered, and you may have done some preliminary research before, but it takes time to make a product and officially launch it for sale.

In particular, medical devices are managed in different categories. If they are Class II or Class III medical devices, they need to be specially registered, and some individual products even need to undergo clinical trials.

This cycle will be very long, so we will use the highest Class III medical device standard. If the company cannot launch a product within two years, we will be allowed to exit safely.”

Li Tang replied: "Sure. On the other hand, if we can start sales more than three months in advance, you can give us 5% of the shares as a reward!"

Hearing that Li Tang had made some concessions, Qiu Yitong finally smiled and stretched out his hands to shake hands with Li Tang.

"President Li, let's prepare the contract and sign it as soon as possible."

"No problem, happy cooperation!"

"Happy cooperation!"

For a moment, both of them felt that they had made a profit. Qiu Yitang left happily and was sent downstairs by Li Tang.

Then I saw a group of people walking towards me, and the person leading them looked very familiar.

When he came up to her, the man said in surprise, "Isn't this Mr. Qiu? It's true that we meet everywhere in life."

Qiu Yitang also saw who it was, "It's President Cheng, nice to meet you. What are you doing..."

Li Tang suddenly said, "Boss Cheng is probably here to see me."

Cheng Dong looked at the tall and heroic young man in front of him and suddenly realized: "So you are Professor Li Tang. I'm so glad to meet you!"

As he spoke, he stretched out his hands to shake hands with Li Tang.

Qiu Yitang seemed to be at odds with Cheng Dong, and seeing this, he said, "President Li, please go ahead and do your work, we will take our leave now.

Mr. Cheng, see you later."

"Boss Qiu, have a safe journey!"

After hearing this, Qiu Yitong paused, snorted coldly, and left quickly.

Li Tang watched the two people's bickering with great interest. Obviously, there was a story behind it.

Checking my phone, the press conference is almost time.

"Boss Cheng, I'm sorry. The reporters are so enthusiastic today. I have to hold a press conference soon. Do you think we can arrange another time?"

Cheng Dong smiled and said, "I really like interacting with journalists. I wonder if Professor Li would mind if I attend the press conference as well?"

Li Tang also smiled, "I don't mind, but I'm worried that this press conference will end up being Long Wei's press conference."

"Hahaha..." Cheng Dong laughed.

I didn't expect that Professor Li Tang is also a humorous and straightforward person. The possibility of cooperation between the two sides has increased a lot. It was a good decision for me to make this trip in person.

Li Tang extended his hand to lead the way, "Boss Cheng, this way please. We will walk there. It's not far, just next door to the hotel."

"Okay, it's a good opportunity for me to get to know Professor Li on the road. Don't let me say something that will embarrass Professor Li at the press conference later."

"I don't care whether it's on stage or off stage."

"Professor Li is young and promising. I wonder if there is a mature algorithm product for the algorithm framework for big data optimization processing that he published this time?"

Li Tang knew that Longwei had already bought the AI ​​core optimization algorithm offered by Zero. Logically, they would not be interested in the algorithm framework described in his paper.

In fact, there are three purposes for publishing this paper.

First, gain a certain amount of reputation for yourself in the field of artificial intelligence.

Second, to cover up the application of No. 0, to build a plank road in the open but sneak into Chencang in secret.

Third, it will add fuel to the fire of large-scale AI that is being vigorously promoted in America and other Western countries, causing them to run on the wrong path.

As for the optimization algorithm sold by Zero, one purpose was to quickly make money and obtain large-scale start-up capital.

The second is to continue to let the West invest in large-model AI and be prepared to eventually receive the results.

Zero automatically obtains a batch of industry databases, which is wonderful to think about.

The two things can be said to complement each other. The optimization algorithm reaps the benefits of wealthy large companies, while my own paper is prepared for small and medium-sized companies.

Originally, Li Tang had no intention of defrauding domestic companies like Longwei of their 1 million Daole, but it would be unreasonable for a company of Longwei's status not to receive AICore's email.

But he didn't expect that Long Wei was so keen on his paper and wanted to cooperate with him before all other domestic companies.

It seems that Long Wei's emphasis on artificial intelligence has risen to a very high strategic level.

Li Tang thought about it and replied, "Of course."

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(End of this chapter)