Reborn Entrepreneurial Giant.

Chapter 69 American Real Estate

Qu Li and the others' visit to Apple's headquarters was just a visit, and they didn't see Bridges Booth until they left.

"Sorry, your trip was in vain." Qu Li was quite embarrassed. Originally, he thought he could see Bridges, but unexpectedly he met Tim Cook and chatted for only a few minutes. I felt a little helpless in front of Zhou Shaoning.

"This is normal. Without a certain status, it is difficult to get their real recognition."

"Does Google still want to go?"

"Go!" Zhou Shaoning didn't stop him. After all, Schmidt gave him the phone number himself and called him today. It should be impossible to say that there was nothing wrong.

Feeling that it was pointless, the three of them left Apple after noon and discussed what they might encounter when going to Google tomorrow.

"Maybe Google is also developing a mobile operating system or similar products. After seeing the iPhone, it has new ideas." Qu Li guessed that the initial direction of Android is most likely different from IOS, otherwise it would not be delayed until 07 End of the year.

“Is Google really going to enter the smartphone industry?”

"They don't have much choice. If the IPhone really starts the mobile Internet era, Google will either follow up or be eliminated, because if the initiative is in Apple's hands, Google is not the only choice. Yahoo and Microsoft are likely to become the mobile Internet era." The king of…”

"Indeed, Google will definitely invest in this direction, but unfortunately we don't have any accumulation." Zhou Shaoning quickly understood the logic. If they have a powerful mobile phone company, then cooperation with Google can occupy a certain Advantage.

"If Google can really help us pretend to fly..."

"..."

"It's not nice to say it, but it's true. The probability of success will be higher if you go with the thigh."

"Try your best to fight for it. There are too many companies that want to cooperate with Google."

The three of them communicated for a while, and then Zhou Shaoning left. Qu Li and Zhang Yiwen also wanted to visit the United States.

"There aren't many high-rise buildings here?" After walking around, Qu Li was surprised to discover this phenomenon.

"Silicon Valley is in an earthquake zone and there are legal restrictions." The driver arranged by HSBC answered Qu Li's question from the front.

"There are no high-rise buildings, so the housing prices here won't be very expensive, right?"

"It's quite expensive. There are too many high-tech companies here, and many of them are affordable. Housing prices have been rising for many years."

"Isn't it easy for ordinary people to buy a house?"

"It's actually been quite easy in the past few years, but last year the Federal Reserve started raising interest rates, and the interest rates on loans to buy houses have increased a lot recently."

"It used to be easy, how easy was it?"

"Three years ago, my friend did not have a stable job and his income was not high, but he bought two or three houses with loans in Los Angeles. Well, he has bought seven houses now..."

"Isn't this too risky?"

"Who says it's not the case, but house prices have been rising continuously, and he has made a lot of money. If you want to buy a house, I can introduce you to him." The driver is an American Chinese from Xiangjiang.

"Forget it, you didn't just say that the Federal Reserve would raise interest rates, and I didn't just need it, let's wait." Qu Li actually had a lot to ask at this time, but he didn't know how to say it.

"Do you know how real estate works in the United States? Why ordinary people without jobs can buy a house, but in Xiangjiang..."

"The policies here are different. The financial market is very developed. There are two policy mortgage institutions, Freddie Mac and Fannie Mae..."

"Aren't they afraid of losses? What if there is a massive default?"

"They also thought of what you think of. Investment banks such as Goldman Sachs have developed CDS products. In the event of default, the insurance company will be responsible for paying the money to the bank."

"What is CDS?"

"This, this is quite complicated."

"Ask your person in charge to prepare a piece of information on US real estate for me, especially related to CDS. Why do I feel that this thing is so dangerous?" Qu Li finally got involved in CDS, and he couldn't help feeling happy. A lot of them are going to be in his arms.

"When do you want it?"

"Can you do it when we go back to the hotel at night?"

"No problem." The temporary driver cursed in his heart without any expression on his face.

In fact, Qu Li didn't have much time to think about wandering around at this time, but he still happily accompanied Zhang Yiwen to see the scenery and learned more about the American real estate market.

"Have you forgotten that there will be a financial crisis every 8 to 10 years or so? It has been 2000 years since the Internet bubble burst in 7. The Chinese market has been promoting real estate bubbles. If the US real estate bubble bursts first... …”

"The so-called statistics that there will be a financial crisis every 8 to 10 years are not accurate. What they say is that the adjustment of the financial industry itself will bring certain fluctuations to the market..."

"Shall we do an on-site investigation?" Anyway, Qu Li doesn't mind walking around.

"..."

"I just asked the real estate agency about house sales, price increases and decreases, and defaults..."

"There is no need to ask, the relevant departments will publish these data regularly."

"Oh!" Qu Li was a little disappointed. After discussing with Zhang Yiwen for a while, he went to Tesla's factory in California, um, small workshop.

"Is this a new energy vehicle company?" Zhang Yiwen thought they had met a liar.

"This may be the case during the entrepreneurial period. We don't also start businesses in urban villages."

"It was only a few months ago. Didn't they say it had been established for several years?"

You must really admire Tesla founders Martin Eberhard and Mark Tarpenning. They were able to persist for four years when the company had almost no income, just to build a car that meets their imagination. of pure electric vehicles.

"Why are you here?" Musk happens to be in Silicon Valley these days, at the company.

"I'm very interested in pure electric cars, so I wanted to come and take a look."

"Are you interested in this too?"

"Well, a battery company in Zhongguo released a pure electric car last year, but it hasn't been put on the market yet. I became interested in it at that time, but they are a big company and I am a small person. I can't see their responsibility. People." Qu Li is not talking nonsense. BYD went public in 2002, and Wang Chuanfu's net worth exceeded 30 billion at this time.

"That's such a pity." Musk said, with some disapproval in his heart. If General Motors wants to give up, will China's battery companies also want to succeed?

"When will your car go on sale?" Qu Li asked curiously

"Well, don't worry, there are still some unresolved problems." Musk was embarrassed, mocking others in his heart, but he couldn't do it himself.

"Oh, I originally wanted to buy one to show my support for this industry."

"Our car probably won't be delivered until next year and will cost about $10."

"..." Zhang Yiwen pulled Qu Li

"It seems that it's hard for me to support you. The price of shipping to China will be doubled." Qu Li was also embarrassed, forgetting that Tesla, this cheating guy, originally focused on luxury car brands.

"It doesn't matter, there will be cheaper pure electric cars in the future." Musk expressed his understanding. There are not many people in the United States who support it, let alone China. Qu Li is at least very honest.

Then Musk talked about his strategic plan: build a sports car, namely Roadster; use the money from selling sports cars to build affordable cars, namely Model X and Model S; use the money to build more affordable cars, namely Model 3 and Model Y...

I have to say that he is awesome, this road has really made him successful. Can BYD copy this development route?