Rebirth

After Li Feng and Netflix’s people had finished greeting each other, Xu Youyu and Peter Thiel, on behalf of Li Feng, began to negotiate with Netflix’s people, and the lawyers on both sides helped the two parties negotiate one by one. Incorporated into legal terms and agreements.

In fact, these negotiations today are really unfair in the eyes of future generations of Li Feng. In particular, Li Feng sent a big killer, saying that YY can be used to help Netflix drain traffic and help Netflix quickly become Under conditions such as the king of the Internet DVD rental market, everyone at Netflix was surprised.

Even Li Feng was thinking, looking at Reed Hastings's cold sweat, is he thinking in his heart whether Fetion Technology will launch the same business? If so, relying on the monopolistic YY The number of users will soon form a monopoly on the Internet.

At this time, Reid realized one thing, that is the power represented by the number of users on the Internet.Similarly, if Netflix can really plug in the wings of Feixun Technology, what does that mean, perhaps the original slogan of "Network Blockbuster" will come true.

Thinking of this, Reed Hastings felt a sense of faintness in his brain, and he didn’t know if he should be fortunate that Feixun Technology or Li Feng liked him, or should he be fortunate that Fetion Technology did not launch the corresponding service. .

"Reid, okay, to be honest, the size of Netflix today is too small, and there is no need to argue. If Fetion Technology and Netflix reach a strategic cooperation agreement, we need a controlling stake. Are you willing? Of course, If we don’t want to, we can’t force it, maybe we can talk to Blockbuster and jointly establish an online leasing company."

Seeing Peter Thiel and Xu Youyu arguing over some shares of Netflix, Li Feng finally spoke.

...

"Mr. Lee, are you a threat?" Reed Hastingston asked with a dark face.

"No, in fact, you know, we are ready to enter the network video industry, but we have not yet listed on the market for the time being, but we only have to wait for the network video technology to take into account the current bandwidth and network video technology. And the bandwidth is appropriate, that is the appropriate time, I think you should be clear about what it represents.

And we have a natural advantage. I have a media group that provides a lot of online content. I have a close relationship with Hollywood and I can get a lot of online content. I think these are my advantages.

I think anyone understands that if I intervene in it, relying on Fetion Technology to occupy the number of Internet users, I can quickly accumulate the number of users in these aspects."

"Mr. Li, you are operating on a monopoly."

"Haha..., at least the current Internet didn't take long, didn't it?" Li Feng replied with a smile.

"Then what do you think you are going to do?" Reed Hastings finally asked back with a black face.

"Look, I am really optimistic about your project, and even I have already thought of several ideas to ensure your company's position in the Internet DVD rental field. We have a good foundation for cooperation, don't we?" Li Feng smiled and encouraged again Tao.

"What do you need, I think you won't give us such a good condition for nothing, would you?" Reid asked again.

...

"Well, this time, Tianya Capital and Feixun Technology will jointly invest in you. The amount is calculated according to your 2 million US dollars. In addition, Feixun Technology and Netflix have reached a strategic cooperation. I think we need at least 70 % Holdings.

Of course, we can also sign an agreement, except for major matters such as financing, as long as you Reed Hastings are in office, you can guarantee your 20-year CEO, company leadership, and independent operation of Netflix."

Li Feng directly explained what he meant. Sure enough, following Li Feng's words, although Reid and others knew that Li Feng's conditions would be more stringent, they did not expect Li Feng to want so many shares.

The previous proposal was US$1 million, and Netflix was willing to sell 20% of the shares, but Li Feng hoped to get 40% of the shares for US$2 million. He didn’t mention Fetion’s support.

At this time, Reed Hastings was really scolding his mother in his heart, thinking, St. John Lee, your heart is too dark, right now, we will not be your migrant workers.Similarly, I feel helpless. After all, Li Feng's plan for a strategic cooperation with Fetion Technology is too eye-catching, and Reed Hastings is in a dilemma.

"70% is okay, but no follow-up investment is allowed in the next round of financing, or 50% of the $1 million plus Feixun Technology strategic partner, two rounds of follow-up investment are allowed, and only half of the voting rights." Reid Haas After thinking about it, Tins suddenly proposed.

There is no doubt that Reed Hastings is also a decisive figure, decisively proposing a new plan based on Li Feng's will.

"Haha... Reid, it's really interesting. In that case, only 50% of the shares are allowed to vote for 2 rounds, but the voting rights are less. 40% of the voting rights. Make sure that you are the masters. As for the future, it will be specific Talk." Li Feng responded with a big smile.

"30% of the voting rights."

"39%"

"..."

"35%"

"OK, deal."

"That's OK, Mr. Lee, happy cooperation!" Reed Hastings replied with a wry smile.

"Haha..., happy cooperation, rest assured, Reid, I believe you will not regret it!"

"..."

...

Very smoothly, under the agreement between the lawyers of both parties, the contract was quickly completed.

Li Feng is going to let Century Capital’s shares account for the majority, and Feixun Technology will occupy 10%. After all, this share will be worth tens of billions in the future. It seems to be a bit of a loss directly to Feixun Technology. Not solely owned.

Soon after the negotiation with Netflix was completed, Eric also received a call from Huang Renxun, saying that they were also on Feixun Technology's side, and then it was NVIDIA's time.

With Eric’s reception, in addition to Huang Renxun, there was also a vice president and co-founder Chris Malakowski. Hearing the name, he should be of Russian origin. The company’s familiar technical officers and legal representatives are much more formal than Netflix.

Chip design companies, even those who don’t understand, have always heard of “Moore’s Law” and know what chips are required to be updated every six months. Therefore, companies like NVIDIA have a strong R&D effort. It is unprecedented.

The previous N3 sold well. It is said that it is about to exceed 1 million sales, which is regarded as the first pot of gold for NVIDIA, but today’s NVIDIA employees only have dozens of big cats and kittens.

Previously there were more than 100 people. Unfortunately, after the first and second generations failed in two consecutive generations, they eventually had to lay off 30 people.

In the end, I had to rely on a team of 30 people to carry out a final counterattack. I didn’t expect that after changing the chief technology officer, the product sales were good. Although it did not occupy the mainstream, at least it sold a lot and made a fortune. Avoided the fate of bankruptcy.

...

To be honest, if the launch of N3 is still like the first two graphics chips, it ends in failure, then there will be no NVIDIA and only bankruptcy. It can be said that the introduction of N3 was a ruin.

Fortunately, luck is good, and although it does not occupy the mainstream of the market, but the sales are still good, but the success of one product only occasionally does not guarantee the success of the next product. Therefore, whether it is the major shareholders, investors, etc. , The confidence in NVIDIA is still insufficient, and the enthusiasm is not as great as expected.

In order to raise R&D funds for new products, not only the money previously earned by N3 has been reinvested, but now it has to refinance to raise R&D funds. After all, the R&D funds are massive, and those shareholders are not willing to spend any more money. Naturally, this also created opportunities for Li Feng.

One party urgently needs R&D funds, and one party does intend to invest. It has been negotiated before. Therefore, both parties will bring their lawyers with them this time, just to be able to determine it thoroughly.

If the newly launched products are still selling well this time, NVIDIA will then prepare to promote the listing. Therefore, this time is likely to be the last financing before the listing.

Unfortunately, due to the low success rate of NVIDIA’s new products launched before, it only succeeded once three times, which led to insufficient enthusiasm among investors and shareholders, and instead gave Li Feng a bargain.

Li Feng knew that the next new products launched really made NVIDIA’s reputation. The launch of graphics cards named TNT and TNT2, respectively, established NVIDIA’s position in the graphics chip market.

...

When Li Feng first entered the Internet cafe industry as a network manager, before and after 2000, many Internet cafes used NVIDIA's TNT for graphics cards. It was the hottest time that Li Feng was impressed.

Apart from Li Feng, no one can guarantee whether NVIDIA will succeed in the future, even Huang Renxun and others.

In short, although the disputes were still fierce throughout the negotiation process. After all, a lot of funds were involved, but they were still kept in a good atmosphere. After all, it was said to be'Lang Youqing concubine intentionally'.