Global monopoly of technology

Chapter 511 [Intel's Anxiety]

After the exposure of these 12 companies at this summit, they have indeed become the darlings of capital and new stars in the industry. Many VC institutions have silently begun to pay attention to these 12 companies and further evaluate their investment value.

Even the Silicon Valley technology giants have paid attention to this. Although these 12 companies are in the initial stage, the fields they are in are current hot fields, and they represent a trend and future.

The strategic investment departments of technology giants such as Microsoft and Google can't help but want to invest a sum of money to make a pit and protect the bottom. In the future, if they do not stand out in the fierce competition, they will not be completely out.

Well, if you find that you can't beat you, then join you, you may win, but I am not losing.

In technical terms this is...hedging.

On the main stage of the summit, Luo Sheng walked back and forth calmly and said: "Digital drives the future. Looking at the investment direction of Shengfeng Capital in the past few years, it is not difficult for you to find that artificial intelligence has become our most concerned area. This is also reflected in the product lines of Côte d’Azur and Bluestar Technology, whether it is the “Blue Core” series processors of Côte d’Azur in hardware or Bluestar’s open source deep learning framework in software. We have chosen R&D + investment and followed the path of diversified development."

"We believe that different AI tasks require different computing power, so we must provide a variety of software and hardware collaborative optimization solutions with different characteristics in order to improve our customer experience in a targeted manner."

Speaking of this, Luo Sheng on the stage stopped and bowed his head for a moment, and then raised his eyes to the audience off the court: "Now, Shengfeng Capital has developed the habit of investing at least 170 start-up technology companies every year. In terms of investment amount, it basically maintains between 15~21 billion U.S. dollars each year. For the 12 start-ups mentioned above, Shengfeng Capital’s total investment in them exceeded 2.7 billion U.S. dollars last year."

Many practitioners off the field looked at it, which is equivalent to saying that each of these 12 companies has received an investment of US$225 million from Shengfeng Capital. At the same time, they have also obtained orders from super customers such as Azure Coast and Bluestar Technology. Both funds and business support to support its rapid growth.

In contrast, other entrepreneurs broke their legs either for financing or for business, and the final gains of desperately telling stories are mostly the negatives of investors and customers.

I simply envy the rhythm of jealousy and hatred.

Luo Sheng: "...We have reason to believe that with the investment and blessing of these cutting-edge technologies, we will soon be able to blossom and bear fruit in many technical fields such as artificial intelligence, cloud computing services, and Internet of Things equipment, and further improve our own ecology. Layout, and build a perfect technological moat, we look forward to everyone joining."

The opening speech, which lasted for nearly half an hour, came to an end. There was a round of applause from the audience. The speech was not long, and it can be said that this opening speech was Luo Sheng showing off.

But it's also full of dry goods.

Next, the founders of 12 companies including Ling Queyun stepped onto the main stage of the summit, each with 5 to 8 minutes to further tell their respective careers and tell their stories.

For industry insiders and VCs, it seems to have found the direction of struggle and the focus of investment.

What Luo Sheng is doing, just follow along and invest.

After that is the exhibition conference. Shengfeng Capital provides a venue and platform to match the major entrepreneurial teams who come to participate. They will show what they are doing at the three-day summit.

This year's venture capital summit attracted more than 800 entrepreneurial teams in the technology field to participate, and the purpose is also very clear.

Sell ​​your own products, sell your own stories, impress investors, and get angel round financing.

The VCs that came to the scene today are also grabbing a large number. The host Shengfeng Capital will not mention it. Well-known VC institutions such as Softbank, Goldman Sachs, and Sequoia Capital are also listed.

In addition to attracting the attention of investors, there are still many teams hoping to win the favor of customers and build their own reputation.

After all, the influence of Shengfeng Capital's venture capital summit is increasing day by day. For example, Luo Sheng personally appeared today as a platform for those 12 start-ups, and overnight became the darling of the industry and capital, and a rising star.

However, the most excited people are the people who eat melons, especially those who participated in this event for the first time. There is a sense of freshness everywhere, and they can touch some technological products or popular cutting-edge concepts that cannot be touched in daily life.

Although they all came to see the world with the mentality of eating melons, there is no doubt that they have benefited a lot. At least they may not be able to see that they can broaden their horizons and cognition in the short term, but in the long run. It is also a great help for self-improvement. It is better to spend hundreds of thousands of tickets to see cutting-edge technology than to see what concerts are for self-improvement.

Almost 99% of the melon-eating people who came to the scene were Luo Sheng’s die-hard fans. The fans forcibly named him the title of "archbishop of science and technology" and claimed to be a believer under the archbishop. Luo Sheng never came out to deny that he would confirm. Anyway, after so many years, everyone started from the beginning for fun, and now it has become natural.

...

Nowadays, the grand event in front of the stage is continuously going on. As time goes by, news that entrepreneurial teams have won the favor of VCs on the scene and obtained financing. The media reporters who came to the scene are also here. The news continues to spread, and there are also a large number of technology UP owners among the people who eat melons to record videos on the spot. There are also domestic and foreign ones.

The on-site summit became more and more heated.

However, Luo Sheng has already retreated to the backstage. After the opening speech, he did not show up in the public and did not accept any media interviews.

In a back office, Luo Sheng and Meng Qiu, the general manager of Shengfeng Capital, are here.

“Last year’s investment projects were generally very good. I have already learned about the companies that invested in them. More than one-third of them are high-quality investment projects with broad prospects.”

Meng Qiu smiled modestly when he heard Luo Sheng's outspoken performance, but he didn't say "responsibility, what's in it". The face-to-face praise, favor, and humiliation did not surprise Luo Sheng more.

One-third of the invested companies have imaginative space. This is a very good result. Not to mention that all of the companies in this third will eventually achieve results, even if 10% of them can finally stand out. The money you spent last year will be able to earn back all the profits and achieve the strategic goal of building a technological moat.

Even taking a step back, as long as the 12 companies that have just been exposed in a high profile can succeed, even if the subsequent more than 100 start-ups fail, it will be a great success for Shengfeng Capital.

After all, Luo Sheng's investment layout is not a specific company, but the layout of the entire track. As for the person competing on the track, it really doesn't matter at all.

"Mr. Luo, we have noticed that Intel has continued to increase its investment since November last year. Since the beginning of this year, it has been making frequent acquisitions. It has initiated frequent acquisitions around the world. During this period, Shengfeng Capital also had a direct relationship with Intel. Collision." Meng Qiu immediately talked about some important things in the recent period and reported verbally like Luo Sheng.

But for a moment, Mengqiu added: "The various performances of Intel in the past few months have made me feel quite anxious. It seems that I have encountered some major trouble. From the stock market, Intel’s current market value is only 104.1 billion U.S. dollars has been declining for the past six months. I am afraid it will fall below the 100 billion U.S. dollar mark soon."

Hearing this, Luo Sheng couldn't help but smile: "Intel, the technology giant that was once invincible in the personal computer era, has lost extremely tragically in the mobile chip era in the past five years, compared with the booming Qualcomm, and facing the blue coast. The competition of emerging giants must be constantly learning how to restore the glory of the past today. It is no strange thing to move frequently recently."

It’s not surprising that Luo Sheng has a collision with Intel. After all, he has already begun to deploy the Cell chip business a few years ago, intending to spy on Intel’s hinterland, kicking the toothpaste factory x86 architecture from the throne, and ending Its dominance achieved the goal of the new king enthroned.

However, an established international company like Intel does not mean that it can be overturned. The other party is also making progress and developing.

Luo Sheng looked at Meng Qiu and asked, "By the way, you just said that Shengfeng Capital and Intel collided. In which field did it stand up?"

...