Reborn Entrepreneurial Giant

The promise of tens of billions of Ruanmei coins quickly made headlines on the internet. Qu Li's arrogance once again aroused widespread discussion, and the number of registered users on Kaixin.com and Weibo increased steadily.

10 billion even exceeded Qu Li's current net worth, which aroused huge discussions, and was even discussed in the central government's 2008 Top Ten Economic Figures selection.

"Modern society is too harsh on young entrepreneurs. "Asymmetric Risk" and the idea of ​​risk sharing are very insightful. With the addition of data and references, it can be regarded as an excellent doctoral dissertation..." A certain award-winning Economists say so

"I called him and asked him. Qu Li said: If we are not crazy, we will be old. He is serious about building cars, and he has the determination to become a martyr..." Brother Boatman

"I look forward to the day when he comes to make a movie. Young people have a lot of ideas." Han Sanye

100,000 likes are exchanged for 10 billion. Someone questioned Qu Li on Weibo that it is impossible to spend so much money. Qu Li replied: "Don't spread rumors. According to the agreement, I will not donate if the house price rises."

"You only see 10 billion in your eyes, but you don't know that I have absolute confidence to make my net worth exceed 10 billion in three to five years.

Jumei has a very good team. As long as we don't make low-level mistakes, the probability of becoming the best Internet technology company in China exceeds 99%, leaving 1% for the black swan.

I haven’t seen the specific financial report of Honor, but last year’s sales exceeded 40 billion, and this year we are confident that it will exceed 100 billion. There is not much time left for Nokia, and the future is dominated by Honor, Samsung and the iPhone...” Qu Li The small composition did not appease the anger

"I just know how to brag!" said a netizen

"Am I bragging? I bet you won't find a phone that can compete with the Honor G2 globally within 6 months!"

"..." Companies that fight against consumers will end badly, and Qu Li is going crazy.

Mobile phone licenses were issued in China, and Honor stopped producing 2G mobile phones. Although they wanted to cooperate with China Unicom and China Telecom, the mobile companies had deep pockets and asked for very low discounts. They gave generously and monopolized the sales of Honor G2 in China this year, and could only sell G1. The mobile phone is given to China Unicom, and China Telecom is excluded.

China Mobile has purchased 1 million G2 mobile phones, the lowest price is 3,999 yuan, and the contract phone is 1,999 yuan. It has been booked for sale in major stores across the country before the Spring Festival.

Qu Li said that the Honor G2 is the number one in the world. Of course, it has not been recognized globally, but the design style of the right-angled metal frame and the beauty of the straight full LCD screen just like the iPhone 4 have brought enough shock and attention.

If Honor G1 is aimed at business-oriented male consumers, but Honor G2 is purchased by a large number of young people, especially young and fashionable female consumers. This is an Android smart phone that can kill through, and the traffic support given by Google exceeds that of G1.

Some people in China may refute and deny the achievements of Honor G2, but no company can come up with a mobile phone that is widely convincing. HTC wants to copy it, but Honor G2 has a lot of exclusive processing equipment that needs to be customized, who dares to bet...

Honor is not only strong in its products, but also imitates the mature Apple company by restricting competitors in the entire industry chain. Not to mention domestic brands, even Nokia, Motorola, and Samsung are hard to reproduce within half a year. It's not that it can't be done, but it's too risky.

If the Honor G2 sells more than 10 million units, they can keep the cost within $250, and over 20 million units will cost about $220.

Regardless of the cost of the Honor mobile phone, anyway, the minimum price is 3,999 yuan, and the gross profit margin exceeds 50% based on the cost of materials.

Products, supply chain, and profits all exceed most mobile phone brands in the world, and Honor has no domestic competitors.

Qu Li continued to be arrogant:

"Glory does not build a car overnight. Our plan is to build a car within three years, and a good car after three years. Mass production will take at least 5 to 6 years."

"We have recruited a group of very good engineers from home and abroad..."

"In the industry, the investment required to develop a new model is 2 to 2 billion, and the development cycle is within three years. We take the upper limit and double it, and invest 5 billion to develop a sufficiently good pure electric vehicle in 5 years. ..."

After Qu Li returned to Beijin, he tweeted one after another, and was popularly searched by Wang Xing. Sohu CEO took the initiative to contact Qu Li. After drinking and chatting, the two began to cooperate, and the Weibo hot search was imported into Sohu News. Once again Detonate public opinion.

And Qu Li also ushered in the backlash of capital, not to mention the backlash, Weigang and Dinghui came to Glory to discuss an explanation.

"Why do you want to build a car, what kind of car to build, can you get subsidies for building a car in advance?"

"I can give more explanations, but I must sign the strictest confidentiality agreement." Of course Qu Li can ignore them, but why ruin his reputation?

After signing the agreement, a meeting of the core management of Glory was called to exclude Zhou Shaoning, which made Wu Shang of Dinghui and Ms. Zhou of Victoria Harbor secretly startled.

"Honor has almost reached its peak now. This is not in terms of mobile phone sales and market share, but in terms of comprehensive consideration of core competitiveness..." Qu Li reorganized what he said many times, from the perspective of smartphones The core components, chip, operating system and display screen are analyzed from three angles.

Although the free Android is the best choice, the Windows mobile operating system has strict restrictions on mobile phone manufacturers, and there are charges, why?

The user experience of the iPhone will completely surpass Honor within three years, and this process is almost irreversible: "We cannot do without the support of Google Android within three to five years, and we do not have an excellent embedded chip development team."

Apple's acquisition of P.A. Semi chip development team belongs to the top group of people in the world, which is the technical basis. The Apple computer operating system has been developed for decades, regardless of patents or technology accumulation. Samsung has the advantage of the whole industry chain.

"Our victory over Nokia is already the limit. If we want to surpass the iPhone and Samsung, we must find a way in other fields, such as multi-terminal collaboration, mobile phones, computers, TVs, and cars. Only cars can carry the most imagination."

The one-touch transmission function of Huawei mobile phones and Huawei computers is simple and practical, and the data transmission capability is said to be very good. These are all advantages.

"Tesla founder Musk and I have met with the Secretary of Energy of the United States. The United States will soon introduce policies to support the new energy vehicle industry. Tesla is one of them. Both China and the United States are promoting the development of new energy vehicles. We just I chose pure electricity..."

"How can we guarantee the success of Glory?"

"Whoever can guarantee success, I will give him the glory..." This is a typical angry statement, whoever believes is stupid.

Qu Li went on to introduce the Honor notebook and tablet projects. Thin and light fashion, 10-second boot and 10-hour battery life are the biggest buying points...

"Although the car is important, it is not the focus now. It is our preparation for the glory in 5 years..."

Qu Li's last words touched the two capitals, and they were willing to come forward to persuade Zhou Shaoning to leave Glory and start his own business. He holds 15 million shares of Glory, and on the premise of giving up 10 million shares, he left without non-compete restrictions; he gave up all 15 million shares It can even take advantage of the supply chain of the Honor mobile phone part (excluding the Honor G2 dedicated equipment processing capacity).

"To sign the non-compete and leave, you must sell 5 million shares..." Qu Li was very cold-blooded, and did not care at all that without Zhou Shaoning, the Honor mobile phone might not be able to be established. Turn around and say to the senior management:

"It's not that I can't tolerate the co-founder. If there is any problem, everyone can discuss it internally. Is it because I didn't give him room to play, or should I not have those few tough insistences? Glory is not my glory, but before proving that I made a mistake, Please don't think about it."

"As long as I'm here, even if Glory will collapse one day, it will never be willing to become an assembly factory..."

"It's not his fault, nor my fault. It's the contradiction between being willing to be mediocre and being brave in innovation. Don't ignore the risks behind it because of the good sales of Honor. There are patents, chips, operating systems and other obstacles in our way. ..." Qu Li said very firmly

On this day, Nortel Networks declared bankruptcy. A week before, Honor entrusted a third-party company to acquire about 200 patents from Nortel and other companies at a cost of about 50 million U.S. dollars. Among them, many basic 3G patents were acquired by Nortel Networks. Perpetual grant of patents for almost all patents.