Reborn Entrepreneurial Giant.

Chapter 255 Financing Requirements

It is very difficult to invite top talents. The conditions Qu Li gave Su Zifeng are absolutely top-notch. Apart from Honor, no other company would be so sincere.

Qu Li, Lei Jun, Li Yinan, and Honor's senior executives stepped forward one after another to persuade Su Zifeng to join. The negotiations with Google also came to an end. Honor's persistence made Google executives choose to give in. Qu Li has not left yet. He and Google The two heroes have a personal relationship, and there is no need to stir up trouble for Larry Page to intervene.

Qu Li did not ask about the specific terms. Earning more or less is not that important. The joining of a top talent can increase the upper limit of a company, just like Liang Mengsong. Without his joining, Samsung Semiconductor and Central International would probably be scum.

Lei Jun had a lot of things to do, and he also had to go to Qualcomm, T-mobile and other companies to inspect. Qu Li rubbed Su Zifeng from time to time and answered many of her doubts.

"Inception", which Legendary Pictures is responsible for, has not yet started filming. Although Liu Yifei needs to exercise, she often comes to stay with him, and her life is very nourishing.With the balance of work and rest, living in Silicon Valley is not lonely.

He was happy. Over at Jumei, Luqi was busy with promotional activities and the listing of Xiangyun. He could only go to Shopee to report that Brady had planned to open a "Benelux" three-country station.Because the economies of these three countries are integrated, entering one country can travel smoothly to all three countries.

"Why are you in such a hurry? Our logistics company can't keep up." Jumei Logistics' overseas model is a warehousing transfer center, operating a distribution center, and cooperating with third-party express companies, such as the United States Postal Service and other third-party express companies with cheap express fees. The company is responsible for delivery.

"How can we not be in a hurry? Facebook is developing too fast. After our cooperation expires, almost even if we renew the contract, we will have to pay a higher price. Now we must occupy the market first..."

"Isn't there enough money?" After forming a certain tacit understanding with Amazon, Shopee mainly focuses on self-operation. Whether it is its own brand or purchasing, it requires a lot of cash. The account period for suppliers is getting longer and longer, which will harm long-term interests.

"I think the company can prepare for financing." Brady gave his own advice

"Financing?"

"The company's performance growth rate is very obvious, the stock price has returned to the IPO price, the chance of the Federal Reserve interest rate is zero, and the financing cost is very low at this time." Brady persuaded

"But our company's rating won't be high, right?" Of course Qu Li also wants to issue US dollar bonds, but this requires a rating from a rating company, which determines the corporate bond interest rate based on the rating.

“Equity financing is also good.”

"I would like to, but the current stock price clearly underestimates our value. Isn't Jumei even worth US$50 billion?"

Compared with Amazon, their total operating revenue in 2008 was only US$191 billion, and their current market value is approximately US$360 billion.Jumei’s market value is more than 30 billion US dollars, a difference of more than ten times.

"You can prepare now, the company's stock price is still rising..." Brady wants to win

"It's better to issue corporate bonds and see how high the interest rate is."

In the era of zero interest rates, the cost of issuing corporate bonds in the United States is much lower than that in China, but companies that can successfully issue bonds are generally industry leaders or well-known companies.Jumei’s popularity should be pretty good, right?After all, Shopee is developing very well in the United States.

Unfortunately, Yuanjing lacks the ability in this area and can only find outsiders.

It is too slow to create new blood through the company itself. Amazon was founded in 95, went public in 97, raised US$5400 million, and borrowed US$7500 million. Then it issued bonds twice in 98 and 99, totaling about US$10 billion, with coupon rates of 10% and 6.875 respectively. %.

In order to grow, Amazon is willing to borrow more than 10% of its loans. Jumei is now issuing corporate bonds. Even if they are junk bonds, the interest rate should not exceed 5%, right?

Just when he was worrying about these things, people from Riot Games knew that he was in Silicon Valley and found him.

"The game has already started internal testing, but similar games have appeared on the market." Baker, the head of Riot Games, complained.

"Are you scared?"

"That's not true, but we need more funding."

"Then go find investment." Qu Li looked at them strangely.

"Aren't you ready to invest?"

"Sorry, I'm really too busy. I can only take the normal route and see how Vision Investment arranges it."

"Then are you still responsible for our issuance in the Chinese market?"

"It depends on the situation. If your game is good enough." Qu Li initially just wanted to cheat Penguin, but now after being intercepted by him, Penguin seems to be seeking cooperation with "DOTA2". He doesn't know that there is no Penguin traffic. Blessing, "League of Legends" will be successful, so I have the idea of ​​​​stopping losses.

"Of course, our game is very good." Shell said quickly

The deal is not done without mercy, so Qu Li didn't refuse directly, which meant there was hope. They chatted about games. Qu Li was experienced, but unfortunately he was too busy.

"In fact, the game engine can generate realistic images and ensure that the behavior of objects in computer and video games is more consistent with physical laws..." Shell said happily

"What did you say?" Qu Li's English level is not much better than Lei Jun's, but he has been exposed to it more, and his accent has changed a lot.

"According to the current capabilities of the game engine, in the future, static data such as real scenes and open roads in the physical space can be mapped to the digital world in real time, and dynamic data such as pedestrians, other vehicles, weather, and lighting in the real scene will also be included..."

"..." Qu Li was completely confused. This man is so good at deceiving him. Are you serious about adding a game engine to the car?

After leaving Riot Games, Qu Li couldn't forget what Beike said and asked Musk for consultation. His big mouth immediately started to complain, saying that this was nonsense and nonsense.On the contrary, there are many people at Google who are forward-thinking and do not directly deny it, but just explain the difficulty.

It seems impossible now. With the improvement of artificial intelligence, big data analysis, and computing power, it will eventually become a reality. Qu Li is not sure whether game engines will be the future of autonomous driving, but he thinks it is possible. try.

Before he could take action, Su Zifeng, who had been pestered by him for a long time, finally nodded and agreed to leave Freescale, a declining semiconductor company, to help Honor build a mobile phone chip design team in Silicon Valley.

"I believe you won't regret it." Qu Li assured her

"I hope so." Su Zifeng took a fancy to this opportunity and this challenge.

This chip team cooperates with Spreadtrum. The initial products will integrate Spreadtrum's baseband chips and be sold through Spreadtrum.

It's not that Qu Li doesn't want to take Spreadtrum Communications, it's that Northern Lights wants to be more secure. If that's the case, then so be it. Qu Li doesn't force it.

Only then did Su Zifeng realize that Honor and Spreadtrum were closely related. He left Freescale and had to work with former Freescale employees. The world is really too small.

Qu Li didn't care about this and asked Lei Jun to arrange people to assist Su Zifeng in Silicon Valley, asking for money and people, and at the same time setting up a chip design branch in China to train the team.

You said you're short of money?It’s okay, just issue corporate bonds!