Yike’s American team briefly gathered in New York for two days. In addition to the money that each person deserved was distributed to domestic accounts in advance, Fang Zhuo, as the president, also gave cash red envelopes so that everyone could buy some gifts and go back to celebrate the New Year.
At least go abroad and buy some gifts that are all in English. No matter what the actual effect is...it will still be a good face in front of the elders back home.
In addition, the teams returning to various states have new tasks: observing the distribution of relevant terminal points and identifying suitable station points.
The United States has a vast territory, and if you want to combine terminal channels, you must have a regional transit station with stable supply. And because of work visa and language issues, you have to consider recruiting local people after the holidays.
Yike will not make any big moves before the Spring Festival. It will only focus on getting to know the situation and ensuring stable supply during the festival. Fang Zhuo has decided to return to China on February 15th and has basically done nothing else. He has just gone to the front lines to listen to potential purchases.
The thought of standing in front of M1 and P1.
“I don’t know how the quality is? It’s made in China.”
“The reviews on Amazon are good and it’s cheap.”
“It’s cheap, but it doesn’t have a dedicated transcription platform.”
Fang Zhuo was not surprised when he heard questions about the product, but there were also some that surprised him.
Some people think that China is an African country, and some people stuff products on the shelves into their clothes in front of him.
Someone else said with certainty: "I heard that this M1 is a mid-to-low-end brand invested by Apple. They want to stick to the closed ecology of computers."
Anyway, Fang Zhuo felt that what he witnessed on the front line added a lot of talk to him when he returned to China.
On February 15th, after Fang Zhuo had another call with a group from a different state, he took Pan Ben, Kong Yu, and two white men recruited by MIGA private equity fund to board a flight to Shanghai.
On this trip, someone from the Mi GA Fund will visit the management of Weibo and ask for 5.4% of the shares to be added to the board of directors. In addition, they will also talk about the senior background of the Mi GA Fund and talk about a foreign monk who is good at chanting sutras.
method.
The flight is long.
Fang Zhuo has Pan Ben on the left, white Claude on the right, Kong Yu and Davis, another official member of the GA Fund, are sitting in the back.
Claude is a lawyer at a well-known New York law firm, specializing in the field of commercial mergers and acquisitions.
Sina is a company listed on Nasdaq under the code name Private NA. If you want to have any plans for it, you cannot rely solely on Fang Zhuo's idea. The actual operation involves multiple standards and requirements of different amendments, which requires professionals.
Righteous.
Some law firms specialize in this work, and Fang Zhuo will hire an accounting team after the holidays to make preparations for accounting reviews, information disclosure, etc. that comply with U.S. legal requirements.
Fang Zhuo and Claude chatted about laws and regulations halfway through. Pan Ben, who stayed up late yesterday, fell asleep listening to a lot of specialized vocabulary.
Finally, the foreigner lost his energy and started to rest, and then Pan Ben asked about Yike’s financing situation.
“Mr. Fang, can we talk to Miller after the holiday?”
"Let's see, now we need to introduce a new venture capital. It's not easy here in the United States. I'm considering using more of my own funds. I'll go back to China and see if there is any investment in Xiangjiang." Fang Zhuo. Said calmly.
Pan Ben sighed: "I think we have done a good job, but why is it more difficult to attract investment here than at home?"
Fang Zhuo smiled and said: "It's okay, something is better than nothing. If it doesn't work, let IDG come in. The current mainstream perception in the United States is that they are not optimistic about hardware projects, let alone a company from China."
"You think you have done a good job. In fact, Apple's Ipod sales are only slightly less than ours, but a listed company like it does this without much trouble. The market needs a process of acceptance and cultivation, whether it is This is true for both the consumer market and the investment market.”
Pan Ben nodded slowly and said: "It seems that our shipment volume is still not enough. If it can reach millions, these institutions will have to change their faces."
Fang Zhuo not only came into contact with IDG in the United States, but other companies almost didn’t even have the threshold to negotiate. Xiong Xiaoge’s endorsement of IDG was indispensable, but the more this happened, the more doubts he had about equity.
Not to mention anything else, he himself played with Xiong Xiaoge in front of Xiong Xiaoge with the shareholders' concerted action agreement.
Not to mention, Sina is still trying to decentralize its shareholding structure.
"Not necessarily. Sales of pure hardware can come and go quickly. Once Apple's iPod is compatible with Microsoft, our only competitive advantage in the eyes of venture capital institutions is product price, but low price also means profit. "Low." Fang Zhuo said, "If you want to compete with Ipod in the United States in the long run, you still have to learn from it. This is what I emphasize to everyone..."
“Integration of software and hardware is really important. I saw an old news story a few days ago. Sony’s current CEO Nobuyuki Idei made a judgment about hardware, saying that hardware is no longer valuable.”
“I told the venture capital that hardware is valuable, and the president of another multinational group said that hardware has no value. He is not the only one. Many people say that hardware has no value. Who do you think the venture capital will believe?”
Fang Zhuo was joking as he spoke: "They don't think this kind of hardware product can make a lot of money, so of course they are not willing to invest. Miller is one of the rare ones who has a big appetite."
Pan Ben’s face was solemn. He recalled the scene when he first met Smith, the vice president of IDG America.
Fang Zhuo picked up the juice and took a sip, and said leisurely: "102 years ago, there was a physicist named Kelvin in England."
“Huh?” Pan Ben was confused as to why he suddenly said this.
"Kelvin said in his New Year's speech that the building of physics has been built, and future physicists only need to do some tinkering work." Fang Zhuo smiled slightly, "But just five years later, Einstein proposed The theory of relativity and the edifice of classical physics were completely shaken."
He lamented: "Nowadays, everyone thinks that it is difficult to produce outstanding products in hardware, but it has appeared and will soon break this perception."
Pan Ben was in a very emotional mood as he recalled the past and the present as the boss's voice sounded.
Fang Zhuo added: "However, its power still needs to be fermented. We are in this process now. Apple's iOS is facing several companies' music copyright contracts, and the case law in the United States has strict restrictions on our subsequent launch of iMu Private. It’s a good thing, don’t worry, I’m getting more and more confident now.”
Pan Ben took a long breath and nodded.
Fang Zhuo glanced sideways at the white clouds outside the window, and asked Pan Ben: "Isn't it more exciting to make a product like this than in IDG?"
“Yes, I didn’t think so at first, but after running with Mr. Fang, I suddenly realized that my future work would be very mechanical and boring.” Pan Ben said in compliment.
"Well, then let's talk to Lao Xiong when we get back this time and ask him to resign." Fang Zhuo said kindly, "If your name is not right, your words will not be right. Since you are sincere in your career, Yike cannot treat you badly." .”
Pan Ben’s heart sank a little for some reason, and his chin clicked unconsciously. Well, after all, he had to tell Mr. Xiong to go back and pick a time when he was in a good mood...
This chapter has been completed!