Hollywood Hunter

This year’s Lunar New Year is January 31. Chen Qing’s two daughters did not return to North America until the end of February. They were not lazy, but they were busy with various projects. The top priority was the newly established BBK.However, in this process, Chen Qing also found a great business opportunity.It is mainly the inspiration generated by the BBK team in the research and analysis of the VCD product.

Here I have to talk about the origin of VCD.

During the participation in a technology exposition in 1992, the founder of China Anhui Wanyan Group was inspired by the video decoding chip products exhibited by the American video decoding chip manufacturer Scooper, and the idea of ​​developing VCD came into being.

Wanyan Group was subsequently established.Hey, one less!If you like it, please collect it: () The update speed is the fastest.

This has to be a great regret.

For the downstream manufacturers of the industrial chain, the loss of patents is equivalent to the loss of the right to speak, and they can only be arbitrarily slaughtered in aspects such as component procurement.By the way, it's one less!, Update the latest chapter as soon as possible!

Simon is located in the office of Westero’s headquarters, and Chen Qing is introducing his thoughts: “I contacted Scooper and I failed to obtain specific information. However, with the help of Miss C in Silicon Valley, I It is roughly confirmed that the latest video decoding chip developed by Scooper based on the MP4 video format launched by Westeros will not exceed the current production cost of up to $10. However, the price Scooper sold to downstream manufacturers, Even if it is the close cooperation of Wanyan Group, the price of a single chip has reached 80 US dollars, and the gross profit is as high as 700%. For other core components such as laser reading heads and system control chips, the gross profit of each manufacturer is several times the production cost. In comparison, Wanyan Group currently sells VCD products worth US$500, but the manufacturing cost exceeds US$350, and the gross profit margin is only 40%. So, if China’s VCD industry can really explode as we predicted I think that controlling the upstream component manufacturing companies is the best investment, so that we can even dominate the VCD industry in China and maximize the benefits."

Simon heard Chen Qing finished, nodded slightly, and did not speak immediately, but looked down at the opposite sofa, lowering his eyebrows, and seemed to be focusing on Lin Su, who was reading the documents on his knee.

Sensing that the surroundings were quiet, Lin Su looked up and happened to be looking at Simon. His eyes flashed slightly, and he quickly became confused.

Simon looked at the woman's delicate and pretty face, and suddenly asked: "Is there a feeling of being a tiger in the enemy camp?"

Simon changed to a more relaxed posture and leaned on the sofa in the reception area. He continued to say in Chinese: "This is actually very normal, indicating that your life outlook under the Red Banner for so many years is very correct. However, you must also remember, You don’t owe anything to others, nor do you owe your own country, but I heard that when you go back this time, you donate most of the salary you get one year in advance. Hope that the project is a very good project. So, you have done Good enough. Now that you are mine, all you have to do is to remain absolutely loyal to me."

Lin Su finally said: "I am not yours, I am just working for you."

Simon didn't mean anything about women's theory, and instead said: "Chen Qing's idea is very good. For this matter, we only need to do it from purely commercial considerations. Everyone is within the rules and there is nothing to blame. Place. Moreover, I have always believed that the sympathy and compassion of others can never make a person truly powerful, and only continuous blows and setbacks can do this, and the same is true for a country. I believe that after this matter The Chinese side will definitely reflect on it and learn from it. This is a bumpy course that many countries will encounter in the course of development."

Lin Su paused and wanted to refute, after all, he just nodded slightly.

Simon smiled and said, "However, I remember Hegel once said,

Lin Su's mood just fell a little, and when Simon said this, he suddenly realized that some guy had started to tease himself again, and could only stare at him with little lethality.

Simon admired: "You look good when you are angry, beautiful women, really darlings of heaven."

Lin Su simply bowed his head again.

Simon did not mind, but said again: "Actually, just like going back to donate this time, I think this is a very commendable thing. So, keep it up. Also, work hard for me so that you can Only by gaining more can we have more capital to give back to our motherland."

Lin Su still bowed his head and waited for a moment, confirming that a guy was not teasing himself this time, and then said softly: "Thank you."

Attention turned back to Chen Qing: "Okay, our two villains continue, I have seen the plan you submitted, the acquisition of Scobo, I very much agree, but, to establish a core component industry chain that dominates the VCD market Even if you don’t have the ability to produce these core components in China, it’s true. However, for European, American and Japanese electronics manufacturers, the development of VCD core components is not difficult, and we simply cannot monopolize ."

Chen Qing shook his head: "Time, boss, this is our biggest advantage. Just like the video decoding chip, Scooper has developed a very mature MP4 format video decoding chip, because other manufacturers are not paying attention to VCD products. Not much energy has been invested in this area. Even an electronics industry giant like Sony, it will take at least one year to catch up with Scope. During this year, Scope will not stop. , There will definitely be more advanced products launched."

"But you seem to have overlooked one thing," Simon said: "The DVD standard has already been formed. VCD is only a substitute product developed on the basis of CD after all, one with a fixed capacity of 4.7G and one with only 700M. Things that cannot be surpassed, because this is a product that is more than one generation apart. So, Chen, I have to remind you, and you need to remind them that VCD is just making a quick money for us, up to five years, You must consider the matter of transformation, otherwise it will only be replaced by DVD, or even completely eliminated."

"I know this, Boss," Chen Qing said without any blow, "It seems to me that DVD will eventually replace VCD, but it will take a long time for various manufacturers to promote DVD because of the content. Time, during this time, we can accumulate enough technology to take a slice of the larger DVD industry in the future."

"Huge, how big do you think?"

"At least not much worse than a video recorder, because DVD has a clear cost advantage compared to it. Although the core patents have been controlled by Sony and other manufacturers, it does not mean that there is no opportunity for us."

Simon looked at Chen Qing for a moment: "I have to say, your thinking is very good."

Chen Qing looked forward: "The boss agreed?"

Simon shook his head: "Unfortunately, I still disagree."

"why?"

"Do you often use the Internet now?"

"Yes."

Simon said: "If you go back and study it carefully, you will find that there are already some download sites for pirated music and movies on the Internet. Chen, this is the trend. Whether it is genuine or pirated, it will only be in the future. It may be the world of the Internet. The globalization of the Internet will completely destroy the traditional player industry. If there is no Internet, I will definitely approve your plan and make a large investment. Now, this is impossible."

"Boss, you just said that the capacity of the DVD disc is 4.7G. For a movie of this specification, the picture quality experience is absolutely unmatched by the Internet at this stage."

"It can't be compared at this stage. After five years, it will probably be almost the same."

"But... the West is not China, copyright protection is very strict, and the survival of DVDs should be a breeze. In China, the Internet has just started, and DVDs have at least a decade of survival."

"You obviously haven't seen the openness of the Internet. This is unstoppable for both the East and the West. It is a kind of human nature to earn nothing, and no one can stop it." Simon said here, preventing Chen Qing from continuing to distinguish himself. Rather, it says: "In a word, this is the case, whether it is VCD or DVD, in my opinion, it will only be eliminated by the Internet. Not to mention that many of the core patents of the two have been controlled by Sony, Hitachi, Philips and other manufacturers, and we spend After huge investment, after all, it has already missed the most lucrative piece of profit, and it is still difficult to determine when this part of the profit will completely disappear, so this is to make a quick money."

Simon said this, Chen Qing understood that there was no room for change, so he had to say: "What does the boss mean, we only buy a Scotch?"

Simon nodded: "I have read the information of this company. It went public at the beginning of last year. The revenue in fiscal year 1994 was only 21 million US dollars. The market value was affected by the new technology wave. It is currently 120 million. Even if it is a malicious acquisition, I think It can also be won within US$200 million. This is a very cost-effective business. As the only supplier of VCD video decoding chips at this stage, when the VCD industry in China erupts, it will be won by US$200 million. , We may be able to recover 10 times the income, which is very cost-effective."

Founded in 1988, Scotsberg is a peripheral company incubated by Texas Instruments. It is similar to Intel and other small companies surrounding IBM around a long time ago. It is mainly engaged in the research and development of video decoding chips, because VCD sold only tens of thousands in China last year. , So no one has realized the potential of this company.

This is the opportunity of the Westeros system.

It's interesting to say that in addition to the shareholder of Texas Instruments, Scooper is also a key investment project of Sequoia Capital. Sequoia Capital founder Don Valentine is currently the chairman.

Due to the VC nature of Sequoia Capital, if the Westero system initiates an acquisition, as long as the price is right, the other party will be happy to show the gloves. Texas Instruments, as Nokia's most important baseband chip supplier, is out of the maintenance of both parties. Considering the good cooperative relationship, we will not be too concerned about transferring such a small company with obvious foam component.

Maybe some people will have the idea that the Westeros system fancy companies must hold in their hands. The big deal is malicious acquisition.

Chen Qing listened to Simon's words, and looked forward: "So, boss, can I leave this to me?"

Simon nodded: "If it's something else, it certainly won't work. If it is to lay out the entire player industry according to your suggestions, I will certainly not give it to you. However, since it is only a small company such as Scop, it is also related to Chinese VCD. The layout of the industry allows you to do nothing. This is also a test. Chen, once China's VCD industry starts to erupt, as the only supplier of video decoding chips at this stage, you need to balance China's BBK and other VCD manufacturers. With regard to the issue of supply distribution between the two, this is done. We can control the VCD industry in China to the greatest extent. If we fail to do so, we may drive other manufacturers to the competitors."

Chen Qing nodded solemnly: "I understand, Boss," hesitated, and asked, "Boss, can I still have a share of Lin and me this time?"

Simon nodded with a smile: "It's still 5% per person. Your position is on the side of Apollo Management Company. Just launch this acquisition in the name of Apollo Management Company. However, if you think about it, according to the $200 million According to the acquisition budget, each of you will owe me $10 million."

Chen Qing blinked, her face more charming: "Boss, if we lose, we will pay you back."

Lin Su, who had just been silent, glared at Chen Qing and finally said: "Don't count on me."

Chen Qing stared at it reluctantly: "If you don't want it, I'll take 10%."

Lin Su opened his mouth and looked at Simon again. When he saw the man's abusive expression, he still didn't refuse.

After the matter was over, Simon closed the folder in his hand and lifted his legs relaxed, laughing: "Okay, this is the case, you go back to prepare first, um, I will let someone pick you up at night and eat together dinner."

After dinner...

Some unnatural blush suddenly appeared on Lin Su's face. This abominable guy, don't you have to have two people together every time?

Chen Qing was looking forward, but he didn't get up, but asked: "Boss, the official invitation to visit China, do you really stop thinking about it? It was just another trip, it's April now, exactly The true'Apricot Blossom Spring Rain Jiangnan' season."

Simon shook his head and said: "I have time to talk about it, but I haven't been free recently."

Today is April 2, next, Simon will fly to Australia tomorrow, stay there for less than a week, Universal Studios Osaka opened on April 6, in order to avoid causing the'Westero effect' again, Simon does not I plan to go to Japan, but still have to pay attention to this matter.

Also, on April 7, the first anniversary of the Rwanda Holocaust. Because of last year’s events, the US official has naturally taken most of the credit. Clinton will go to the first anniversary event this time, and Simon will take the opportunity to go to the first one. Trip to Africa.

Further back.

In short, there is simply no time in the short term.

What's more, Simon's private itinerary was exposed to a lot of attention since he was exposed last year. If he directly contacts Chinese officials, he still needs to weigh many things in his current capacity.