My Age of Investment
Chapter 802: Without ambition
Chapter 802
Xia Jingxing didn’t know why Wang Tao’s face suddenly turned bad, is it because he was robbed of the limelight?
If that were the case, Wang Tao now is really tender and can squeeze water out.
"Wang Tao, your company has just been established, right?"
Xia Jingxing no longer chats with Lu Zhihui, and directly chats with Wang Tao by name.
"Just established a month ago."
Wang Tao spoke very concisely and concisely, so he just lost the conversation.
Xia Jingxing only felt tired for a while, I asked you so, what else should I do?
No way, Xia Jingxing had to continue to ask.
"I remember when I first met you a few months ago, you were still studying at the Hong Kong University of Science and Technology. In the RoboCon Asia-Pacific University Robotics Competition, you led the team to score third in Asia.
At that time, you wanted to commercialize the unmanned helicopter that participated in the competition, and you also tried to make the first sample, and then sold it on the forum of model airplane enthusiasts.
I happened to see this message, so I bought the sample and met you just like that.
I wanted to come and meet your netizen earlier, but I was delayed due to a business trip abroad some time ago.
Hey, by the way, what about your two classmates who participated in the competition and assembled the airplane with you? "
Wang Tao's face was a little frustrated, and he shook his head and said, "They are not optimistic about our entrepreneurial project.
Xia Jingxing said "Oh", "That's a pity!"
"It's nothing to be a pity, it can only show that they are short-sighted."
I don’t know if it was because of anger that Wang Tao suddenly became more talkative.
"I don't believe it anymore. I can't make a flight control system that makes the helicopter hover in the air.
They want to leave. If they leave, I can continue to do research and development by myself. "
Xia Jingxing gave Wang Tao a gloomy look, knowing that the other party's heart was not as relaxed as he said.
Wang Tao is a great technical expert, but his two Hong Kong University of Science and Technology classmates are not general, and their departure actually broke his right arm.
Although Wang Tao has established DJI, it is just a workshop and laboratory.
And among the four members of the team, only Wang Tao understands drones, and the other three are laymen.
Xia Jingxing was chatting with Wang Tao, and Liu Xiaoduo did not sit. She held the helicopter model and kept asking three DJI employees for advice.
Seeing that there are beautiful women interested in their work results, the three of them were very enthusiastic and answered various questions explaining Liu Xiaoduo.
Xia Jingxing secretly praised Dahua for being sensible, and he continued to chat with Wang Tao.
"What are your plans next? You have been doing research and development in this warehouse?" Xia Jingxing asked.
Wang Tao nodded, “Well, there are still a lot of technologies that I haven’t been able to fully understand. They focus on experiments and don’t sell products to the outside world.”
Xia Jingxing frowned, "Then how does the company survive?"
"This warehouse belongs to my uncle, and he also runs the magazine outside. The rent is free."
Wang Tao didn't have too much thoughts, and he explained everything.
"What about the salary of employees? You have to spend money to buy experimental equipment, right?"
Wang Tao said nonchalantly: "My mother invested 2 million Hong Kong dollars in me, and it should be enough for us to make the product."
Xia Jingxing was not too surprised. In fact, Wang Tao's family conditions were very good. His father was an engineer, and his mother was a teacher. Later he became a small business owner, and his uncle was the owner of a magazine.
In the first few years, DJI was engaged in research and development, and when there was no income, it only survived with the support of the family.
Xia Jingxing smiled and lowered her voice: "Then have you thought about it, what do employees expect from the company?"
After finishing speaking, Xia Jingxing glanced at the side, and the three otakus circled around Liu Xiaoduo, and took Dahua to see the schematic diagram in their computer.
Wang Tao said lightly: "If they think the company is not good, just leave.
This company, except me, anyone can be missing.
They don’t know anything. I teach them all.
If they want to leave, I will recruit another group of people. "
Xia Jingxing has never dealt with Wang Tao in his previous life, but he has also heard that this person is ignorant of human relationships, has distinct loves and hates, and often makes unconventional remarks in public.
In the past life, DJI exposed the "one billion corruption case", which also exposed some of Wang Tao's management flaws.
may not be a qualified CEO, but Wang Tao has absolutely nothing to say about technology.
Wang Tao decided to study the flight control system of remote control helicopters while preparing for the graduation project of HKUST.
In fact, few undergraduates can decide the direction of their graduation topic by themselves, and most of them are designated by their supervisors.
But Wang Tao was determined and found two classmates to persuade the teacher to agree to their research direction.
Under the entanglement between him and his classmates, the tutor finally agreed.
For this reason, Wang Tao applied for the school's 18,000 Hong Kong dollar funding. During this period, he skipped classes and stayed up until five in the morning. This state lasted for 5 months and finally completed the graduation project.
However, during the demonstration, the plane still fell from mid-air, and Wang Tao barely got a C for his graduation project.
However, it was a blessing in disguise and was appreciated by Li Zexiang, professor of robotics at the Hong Kong University of Science and Technology, and recommended him to study as a graduate student.
In the development of DJI, Li Zexiang also brought great help to Wang Tao.
As for the establishment of the company, Wang Tao became even crazier. He often worked for more than ten hours continuously. He especially liked working at night. He often worked from 11 or 12 in the evening until the day, just like many web writers.
And whenever he has a good idea, he will immediately contact the employees to discuss it no matter what day or night. This makes the employees miserable and often shuts down after work.
The most exaggerated thing is that Wang Tao asks his employees to write "Times" to report on what he does every hour.
What this reveals is actually a love of drones and a spirit of extreme perfectionism.
Xia Jingxing discovered that he had to be paranoid to make any epoch-making invention or product.
"It's hard for you to cultivate a group of people, you have to keep them, otherwise, how can your company grow?" Xia Jingxing felt that Wang Tao had some problems with his ideas, or he was too immature.
"What do you do to make the company bigger?"
Wang Tao shook his head again and again, “I didn’t want to make the company bigger. There are only one or twenty people.”
Xia Jingxing feels that Wang Tao’s entrepreneurship is still at the stage of hobbies. He did not want to build a big industry in the past. As for the financial freedom of listing, I am afraid that he has never thought of it.
"Then do you want to make a drone that can fly to several kilometers in the sky and last for several hours?"
Xia Jingxing stared straight at Wang Tao, after all, he had to talk about ideals, which he was best at.
Wang Tao really became interested, and said excitedly: "Of course I do, was it the multi-rotor drone you told me last time?"
Xia Jingxing nodded, "Yes."
"But we haven't even mastered the technology of unmanned helicopters." When the excitement passed, Wang Tao thought about the status quo, and his tone became a little frustrated.
"You are like Yugong Yishan. Of course, the progress of research and development is slow. If there are thousands of engineers, think about what it is like, you can try to research and develop drones flying out of the atmosphere."
Wang Tao looked forward to it for a while, then smirked, “I don’t dare to think so far. If there are ten or twenty people in DJI, I’m satisfied.”
Look at your promise!
Xia Jingxing hates iron but not steel, but he also likes this kind of paranoia about technology very much, and he is suitable to be used as a donkey in a production team.
"Then have you ever thought about how your small company of ten or twenty people can compete with those large companies of thousands of people?
People's products are better than yours, and the price is cheaper than yours. What do you use to compete with others? "
Wang Tao was about to speak, but was stopped by Xia Jingxing, “Don’t say I’m not afraid of their non-brained words.
Think for yourself, how domestic mobile phone companies were strangled by foreign mobile phone companies. People have big sales, revenue and profits are high, and more money can be invested in research and development.
Conversely, the greater the R&D investment, the more powerful the technology, the more advantageous the product, the larger the sales volume, the higher the revenue and the profit......
This is a virtuous circle!
If you want to live in a paradise life, you have to ask the big factory if you can. "
Wang Tao looked puzzled, "But now I don’t see a drone company on the market!"
"That's because the industry has not yet ushered in an explosion. I am very optimistic about this industry, and I think there will be many companies coming in in the future.
Only by working hard to become a big company can DJI lead the kind of nourishing life you expect. "
Wang Tao thought for a while, then suddenly said, "Hey, what are you doing?"
Xia Jingxing smiled bitterly, talking about it for more than an hour, you just remember to ask me this now.
"I, a VC investor who likes model airplanes! Oh, yes, my dad likes it too."
(End of this chapter)
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