Reborn Entrepreneurial Giant.
Chapter 123: Advanced Thoughts
Chapter 123: Advanced Thoughts
"Your idea is too bold!" Wu Hongning was shocked by Qu Li time and time again, thinking to himself, it would be fine if he didn't give this man a chance. Once he gained power, his future would be limitless.How can ordinary people imagine this kind of grandeur?
It turns out that Qu Li met Wu Hongning and talked to him about letting the country abandon 3G and go directly to 4G, thus avoiding Qualcomm's patent trap at once.
"Qualcomm's patents are so important and worth spending so much effort..." Wu Hongning doesn't know much about the communications industry.
"Let's put it this way, the 3GPP organization was established to circumvent Qualcomm's patents, but their R&D capabilities are really great."
Qualcomm was established even later than Warwick and Lenovo, and its revenue scale and profitability seem to be lower than Warwick's for a long time (Warwick's revenue in 2007 was 920 billion yuan, Qualcomm's 88.7 billion US dollars), but everyone has seen the quantity and quality of its patents.
"What do you want to do?"
"I want the media to start a discussion and say that the Ministry of Industry and Information Technology has given up on issuing 3G licenses and is planning to directly issue 4G licenses in a few years. Don't refute the rumors in the short term..."
“Can this really be done to circumvent Qualcomm’s patents?”
"No, but it can minimize the influence of Qualcomm's patents."
"What are you doing this for?"
"I met with the CEO of Qualcomm yesterday and talked about this matter. I hope he will grant the CDMA patent to one or two domestic start-ups."
"This……"
"I know that they will most likely not agree, and this matter will not be good for Honor, but it will have a certain significance for the security of the entire domestic telecommunications industry. If Qualcomm really feels that the country is interested in targeting him this time, it will definitely be beneficial. "
"I don't have connections in the Ministry of Industry and Information Technology, so I can only ask people for help. This kind of thing is thankless and thankless. It's really..." Wu Hongning thought that there were some words that were not suitable for him to say.
"Forget it, I am also occasionally dominated by angry youth thoughts. Recently, I have been thinking about mobile phone patent issues and I have a severe headache."
"Is your Honor phone really made?"
"Of course, we have to pay patent fees to almost every mobile phone company."
Qu Li was really speechless. When Xiaomi started its business, it only sold its phones in China. It seemed that it didn’t have to pay royalties. But Honor phones had to be sold in the United States from the beginning, so they had to pay.Without Google's support, he was really worried that Honor wouldn't be able to do it at all.
After talking about Glory Jumei for a while, Wu Hongning talked about his work in the United States. Although Huatou has not been formally established, part of the team has already started working. The team he led went on an on-site inspection in the United States to give a more detailed report. Predict the possible impact of the bursting of the U.S. real estate bubble.
"The short-selling fund you recommended is really good. I invested US$5 million in it and I've already made money."
"Really, please be careful and don't put money in one basket, but you have made money, I should make more."
"Is this the first fund you bought or the second fund you bought?"
"Of course it's the first one."
"Made, you're so lucky." Wu Hongning really admired this guy's luck. The original fund of Paulson Fund has been closed. It is said that Paulson saw too much profit and limited plate, and he didn't want to share the profit with others. .
"The bursting of the U.S. real estate bubble is almost certain." Wu Hongning
"How many CDS did you buy?"
"How did you know I bought it?"
"If I had more money, I would definitely buy it on a large scale. It is such a low-risk, high-yield investment. You would be a fool not to buy it."
"Haha, I bought 10 billion U.S. dollars and all the quota has been used up."
"I really envy you. This wave may be able to double."
After the subprime mortgage crisis, it seems that Wu Hongning will get a promotion and a salary increase. He is able to see the subtleties, is bold, and can easily earn hundreds of millions of dollars. If he doesn't get a promotion, who will get a promotion?
"You can make more money from international crude oil." Wu Hongning was so modest.
The two complimented each other and discussed Lehman Brothers. There was news in China that the local government in Hunan Province intended to let Lehman Brothers take over Xiangcai Securities.The two parties seemed to be in love with each other and deliberately avoided Qu Li, so Tian Yue was squeezed out a lot.
"You're not worried at all."
"I'm worried. Can Huatou strengthen cooperation with Lehman and buy more CDS products from them..."
"Haha, I said you don't look like the kind of person who swallows his anger."
"You are overthinking. The main reason is that Xiangcai Securities is not indispensable to me. It is dispensable. Lehman Brothers may have noticed this..."
"So it was actually your idea for Jumei to go public early?"
"How is it possible? It's my fault this time. It will take some time for the subprime mortgage crisis to break out. I forgot that Lehman can do many things during this period." Qu Li was really reflecting on it. Don't think that you can control everything if you know the future. No possible.
After bragging, the two of them went back to their respective homes. After the establishment of Shopee, it has hired more than 20 people, including people from the traditional FMCG industry and the Internet. Lin Bing transferred a few people from the information department to participate in the whole process of the construction of China and Taiwan, and their English proficiency Programmers who passed the test came over to improve the connection between the headquarters and shopee, mainly to give this side authority so that Brady would not feel restricted in everything.
Since it is a group purchase, and it mainly focuses on self-operated brands, the product selection must of course be selected from Sun and Moon Fenghua, a subsidiary of Jumei. In the construction of the central platform, the backend data of these companies has been basically opened up.
In addition to these, Shopee has established a transit warehouse in San Francisco, but it also needs to choose a place to establish an operation warehouse. In the early stage, it may not have a choice. It cooperates with express companies such as UPS. In the future, it will try its best to ship to USPS and US Postal Service.
Time came to August, and Qu Li, Lin Bing, Brady and others finally returned to Yangcheng from the United States. After the internal meeting of the company, the board of directors meeting would be held immediately.
"Our company has opened up the category of maternal and infant products..." Qu Li listened to Xu Lei's report and opened the Jumei website at the same time.
"Due to investor reasons, I didn't sell food or toys..."
The so-called maternal and infant category basically refers to clothing suitable for pregnant women and babies in the all-cotton era. Because all products in the all-cotton era are pure cotton, high-grade long-staple cotton, etc., so the quality is good, but the price is definitely high.
"Except for luxury goods and some famous brands that have not opened e-commerce services, Jumei has basically achieved full coverage of clothing, shoes, hats, bags and bags." Xu Lei continued. At this time, there was no alternative to Taobao, and it was the golden period for Jumei's development.
"As of the end of July, Jumei had more than 7 million registered users..."
“这么快就有这么多注册用户了?”曲黎有些惊讶,狗东直到2011年5月时,注册用户才1500万,员工数量超过1万人。当然2011年底狗东注册用户约有3000万。凡客诚品2010年注册用户才1000多万,日销售额已经1000万软妹币了。
"Our single-day sales exceed 100 million..."
"Your idea is too bold!" Wu Hongning was shocked by Qu Li time and time again, thinking to himself, it would be fine if he didn't give this man a chance. Once he gained power, his future would be limitless.How can ordinary people imagine this kind of grandeur?
It turns out that Qu Li met Wu Hongning and talked to him about letting the country abandon 3G and go directly to 4G, thus avoiding Qualcomm's patent trap at once.
"Qualcomm's patents are so important and worth spending so much effort..." Wu Hongning doesn't know much about the communications industry.
"Let's put it this way, the 3GPP organization was established to circumvent Qualcomm's patents, but their R&D capabilities are really great."
Qualcomm was established even later than Warwick and Lenovo, and its revenue scale and profitability seem to be lower than Warwick's for a long time (Warwick's revenue in 2007 was 920 billion yuan, Qualcomm's 88.7 billion US dollars), but everyone has seen the quantity and quality of its patents.
"What do you want to do?"
"I want the media to start a discussion and say that the Ministry of Industry and Information Technology has given up on issuing 3G licenses and is planning to directly issue 4G licenses in a few years. Don't refute the rumors in the short term..."
“Can this really be done to circumvent Qualcomm’s patents?”
"No, but it can minimize the influence of Qualcomm's patents."
"What are you doing this for?"
"I met with the CEO of Qualcomm yesterday and talked about this matter. I hope he will grant the CDMA patent to one or two domestic start-ups."
"This……"
"I know that they will most likely not agree, and this matter will not be good for Honor, but it will have a certain significance for the security of the entire domestic telecommunications industry. If Qualcomm really feels that the country is interested in targeting him this time, it will definitely be beneficial. "
"I don't have connections in the Ministry of Industry and Information Technology, so I can only ask people for help. This kind of thing is thankless and thankless. It's really..." Wu Hongning thought that there were some words that were not suitable for him to say.
"Forget it, I am also occasionally dominated by angry youth thoughts. Recently, I have been thinking about mobile phone patent issues and I have a severe headache."
"Is your Honor phone really made?"
"Of course, we have to pay patent fees to almost every mobile phone company."
Qu Li was really speechless. When Xiaomi started its business, it only sold its phones in China. It seemed that it didn’t have to pay royalties. But Honor phones had to be sold in the United States from the beginning, so they had to pay.Without Google's support, he was really worried that Honor wouldn't be able to do it at all.
After talking about Glory Jumei for a while, Wu Hongning talked about his work in the United States. Although Huatou has not been formally established, part of the team has already started working. The team he led went on an on-site inspection in the United States to give a more detailed report. Predict the possible impact of the bursting of the U.S. real estate bubble.
"The short-selling fund you recommended is really good. I invested US$5 million in it and I've already made money."
"Really, please be careful and don't put money in one basket, but you have made money, I should make more."
"Is this the first fund you bought or the second fund you bought?"
"Of course it's the first one."
"Made, you're so lucky." Wu Hongning really admired this guy's luck. The original fund of Paulson Fund has been closed. It is said that Paulson saw too much profit and limited plate, and he didn't want to share the profit with others. .
"The bursting of the U.S. real estate bubble is almost certain." Wu Hongning
"How many CDS did you buy?"
"How did you know I bought it?"
"If I had more money, I would definitely buy it on a large scale. It is such a low-risk, high-yield investment. You would be a fool not to buy it."
"Haha, I bought 10 billion U.S. dollars and all the quota has been used up."
"I really envy you. This wave may be able to double."
After the subprime mortgage crisis, it seems that Wu Hongning will get a promotion and a salary increase. He is able to see the subtleties, is bold, and can easily earn hundreds of millions of dollars. If he doesn't get a promotion, who will get a promotion?
"You can make more money from international crude oil." Wu Hongning was so modest.
The two complimented each other and discussed Lehman Brothers. There was news in China that the local government in Hunan Province intended to let Lehman Brothers take over Xiangcai Securities.The two parties seemed to be in love with each other and deliberately avoided Qu Li, so Tian Yue was squeezed out a lot.
"You're not worried at all."
"I'm worried. Can Huatou strengthen cooperation with Lehman and buy more CDS products from them..."
"Haha, I said you don't look like the kind of person who swallows his anger."
"You are overthinking. The main reason is that Xiangcai Securities is not indispensable to me. It is dispensable. Lehman Brothers may have noticed this..."
"So it was actually your idea for Jumei to go public early?"
"How is it possible? It's my fault this time. It will take some time for the subprime mortgage crisis to break out. I forgot that Lehman can do many things during this period." Qu Li was really reflecting on it. Don't think that you can control everything if you know the future. No possible.
After bragging, the two of them went back to their respective homes. After the establishment of Shopee, it has hired more than 20 people, including people from the traditional FMCG industry and the Internet. Lin Bing transferred a few people from the information department to participate in the whole process of the construction of China and Taiwan, and their English proficiency Programmers who passed the test came over to improve the connection between the headquarters and shopee, mainly to give this side authority so that Brady would not feel restricted in everything.
Since it is a group purchase, and it mainly focuses on self-operated brands, the product selection must of course be selected from Sun and Moon Fenghua, a subsidiary of Jumei. In the construction of the central platform, the backend data of these companies has been basically opened up.
In addition to these, Shopee has established a transit warehouse in San Francisco, but it also needs to choose a place to establish an operation warehouse. In the early stage, it may not have a choice. It cooperates with express companies such as UPS. In the future, it will try its best to ship to USPS and US Postal Service.
Time came to August, and Qu Li, Lin Bing, Brady and others finally returned to Yangcheng from the United States. After the internal meeting of the company, the board of directors meeting would be held immediately.
"Our company has opened up the category of maternal and infant products..." Qu Li listened to Xu Lei's report and opened the Jumei website at the same time.
"Due to investor reasons, I didn't sell food or toys..."
The so-called maternal and infant category basically refers to clothing suitable for pregnant women and babies in the all-cotton era. Because all products in the all-cotton era are pure cotton, high-grade long-staple cotton, etc., so the quality is good, but the price is definitely high.
"Except for luxury goods and some famous brands that have not opened e-commerce services, Jumei has basically achieved full coverage of clothing, shoes, hats, bags and bags." Xu Lei continued. At this time, there was no alternative to Taobao, and it was the golden period for Jumei's development.
"As of the end of July, Jumei had more than 7 million registered users..."
“这么快就有这么多注册用户了?”曲黎有些惊讶,狗东直到2011年5月时,注册用户才1500万,员工数量超过1万人。当然2011年底狗东注册用户约有3000万。凡客诚品2010年注册用户才1000多万,日销售额已经1000万软妹币了。
"Our single-day sales exceed 100 million..."
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