Chapter 505 Investing in Future Intel
After visiting the supermarket, several people came to the Changxing Industrial Factory in the suburbs of London. This is a company that produces trolley cases, spin mops, sticky hooks, plastic bags, plastic wrap, and storage boxes. Comprehensive factories of other companies basically have markets in Hong Kong, and this is also to consider localizing some of their products in Europe.
“How many workers are there in our factory now?” Yang Wendong asked.
Wei Zetao replied: "A total of 1,200 people."
Yang Wendong added: "Then the goods supplied are only responsible for Britain?"
"Mainly the United Kingdom, and a small amount will be exported to non-Continental European countries such as Norway and Switzerland." Wei Zetao replied: "Continental Europe will be produced by our factories in France and Germany in the future;
But these are A small part, the real large quantity may still come from In Asia, the freight is much more expensive recently, but it seems more cost-effective to produce in Europe.”
“The shipping crisis will not last forever. The factories here in Europe only need to have a little scale. It can’t all be in the European market,” Yang Wendong said, shaking his head.
In the future, Asia will be the center of manufacturing. Some special reasons may make it more cost-effective to produce in Europe sometimes, but it is still impossible in the long run. What is more important is not just labor, but the industrial chain. Many industrial chains in the future will be in Asia;
Only special high-profit industries such as automobiles, pharmaceuticals, and chemicals can stay in Europe for a long time.
Part of my investment here will also bring some employment tax revenue to the local government, which can stabilize the market. By the way, I can also diversify production capacity and location, and occasionally supplement insufficient production capacity.
“My investment in Europe will be adequate.” Wei Zetao replied.
Yang Wendong then asked: "We don't have a factory in the United States, right?"
"No, the goods in the United States are basically imported from Wanwan, and they have preferential tax policies "Wei Zetao explained: "And the labor unions in the United States are very annoying, and they may be a little stronger than those in Europe."
"The labor unions are indeed a problem." Yang Wendong nodded and said, "It's a headache to deal with them. ”
Trade unions should exist because they are also the balancer of social development. Otherwise, if capital and workers confront each other, the latter will definitely not be an opponent;
But everything needs balance. Whether it is capitalists or labor unions, if either party is too strong, it will It is a disaster and is not conducive to society and the economy. The trade unions in Western countries are gradually getting stronger. On the surface, they are friendly to workers, but in fact they are forcing many companies to move their factories to Asia, and eventually workers will lose their jobs.
The other is the labor union, which has gradually turned into a profit-making organization. Their purpose is not to protect the legitimate rights and interests of workers, but to suck blood from the company and then get commissions for themselves. The benefits obtained by the workers are just incidental products.
Of course, many capitalists are not good people, they are just trying to keep each other in check.
Wei Zetao smiled and said: "Yes, although there are few people in this British factory, I have to deal with many problems personally. It is too laborious and laborious. Later, I hired a few local British managers to make it better. .”
"The scale in Europe is like this. Changxing Industrial's products themselves are low-end. Production in Europe and the United States is actually anti-economic." Yang Wendong continued.
In the future, your own beverages, food, electrical appliances, electronic products, etc. may be produced in Europe and the United States because of high profits, but ordinary plastic parts are purely for non-economic purposes.
Wei Zetao nodded: "Okay, I understand."
In the next two days, Yang Wendong visited several places in London, but still couldn't stand the somewhat polluted air, so he took a plane to Arrived in Los Angeles, USA.
“It’s been a long time.” Yang Wendong looked at the promotional video of “The Green Hornet” in front of him and couldn’t help but feel a little emotional.
Just like in the original history, Li Xiaolong still entered Hollywood and participated in several movies. This was not affected by Yang Wendong's butterfly effect. This is normal. After all, he has not done much other than selling goods to the United States in recent years. invest.
Lin Youjing said: "I have also watched Li Xiaolong's movies. The fighting is very exciting. Now many people in the United States know him."
"It can be considered a success, but the Chinese want to It's not easy to be in Hollywood," Yang Wendong said with a smile.
Li Xiaolong has made some achievements in the United States now, and many film companies are willing to cooperate with him. However, the problem is that all kinds of exclusion and discrimination will always exist, and they will even deliberately vilify him;
< br>This also led to Li Xiaolong's return to Hong Kong in 1970 in the original history.
In this regard, he is not prepared to interfere. Li Xiaolong still has confidence in Hollywood. The market in a city like Hong Kong cannot make him give up Hollywood. Only when he understands it himself will it be a new beginning.
Lin Youjing asked: "Yang Sheng, are you going to ask him to endorse our company's products?"
In the early years, Yang Wendong paid great attention to Li Xiaolong, which made Lin Youjing curious. Now Li Xiaolong became famous, and he guessed the reason.
Yang Wendong shook his head and said: "No, our products have not touched the civilian market too much yet, and the rare ones are not in line with his image, so there is no need."
Glue hook, For luggage and the like, you can barely get Li Xiaolong to endorse you, but it’s not necessary. Other electrical appliances have not yet entered the U.S. market on a large scale, and there is no need;
The most suitable one is actually Red Bull, but it is still early and there is no shadow yet.
More importantly, if he seeks Li Xiaolong as an endorsement, and Hollywood considers Li Xiaolong valuable as an endorsement, and then focuses on cultivating him, it will affect his plan. He still needs Li Xiaolong to return to Hong Kong and then become famous in Asia. , and then counterattacked Hollywood.
With his own capital and Li Xiaolong’s ability, as long as he does not die, he will definitely become the world’s top superstar in the future. This will also be of great help to Changxing Group’s future global product strategy; instead, signing Li Xiaolong can How much money do you make? In fact, it doesn't matter. No matter how much money you make, can it be compared to a building in Central, Hong Kong?
So everything should go as planned.
"Okay." Lin Youjing added: "Mr. Moore and Mr. Noyce have agreed to meet with you tomorrow morning at a coffee shop next to Stanford University."
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"Okay, let's go together tomorrow." Yang Wendong nodded and said. The next day, under the leadership of Lin Youjing, Yang Wendong saw the core purpose of his trip: to meet Robert Noyce and Gordon Moore.
Not many people may know who these two people are, but Gordon Moore’s Moore’s Law can be said to be known to almost everyone in the electronics industry. They are also the future leaders of Intel. Founder;
Very early on, Yang Wendong asked Lin Youjing to keep an eye on Fairchild Semiconductor of the Whampoa Military Academy in the US electronics industry, and inform him of any changes in senior management. Finally, half a month ago, the wait came In the future, the two founders of Intel resigned, so Yang Wendong rushed over.
"Mr. Moore, Mr. Noyce." Lin Youjing introduced: "This is my boss, Mr. Eric Yang."
After the three shook hands one after another and sat down, Gordon Moore asked: "Mr. Yang, I heard that you are a super rich man in Hong Kong?"
"That's right." Yang Wendong nodded and said.
In European and American culture, there is no need to be modest. You can do whatever you want. You are also a super rich man yourself.
Moore then asked: "Then what are you looking for us for?"
A super rich man came to them. At first they thought he was a liar, but then Lin Youjing brought a lot of money. Years ago, an American news newspaper introduced Yang Wendong's deeds, and they were convinced.
Yang Wendong smiled and said: "It's very simple. I am very optimistic about the future of the electronics industry and believe in your technology, so I would like to invite you to work in Hong Kong. We can discuss the salary."
Moore shook his head and said: "Mr. Yang, we are going to start our own business and start a company, and we are not going to work for anyone else."
"In this case, can I invest in your company?" Yang Wendong Said again.
Of course he knows that it is unrealistic to ask them to work for him, but it is easier for others to accept it if he first puts forward a more demanding condition, and then he can go one step lower.
“You want to invest in our company?” Noyce asked in confusion: “We have nothing now.”
Yang Wendong said: "No, you have people. For a technology company, talent is the most important. As long as there are people, all other conditions will be met."
Traditional enterprises, founders' In fact, status is not that important. When the founder leaves, the newcomers can still manage it normally. Management, and even capable people can do better;
But in the era of science and technology, the pursuit, ability, and character of the founder will determine the future of the company, and to a large extent, outsiders cannot replace it. For example, Steve Jobs;
And after entering the Internet era, this has become even more obvious.
Of course, this does not mean that it is impossible to leave the founder, but even if the founder retires, he will focus on cultivating his successor so that the company can operate normally.
There are many external factors for Intel's success, but founders are also very important.
Moore was also a little confused and asked: "We are going to do chip production and design. Mr. Yang is also optimistic about these two things?"
"Yes." Yang Wendong nodded and said: "You can do it with peace of mind For both of these, I can contribute a sum of money to join and will not interfere with the company's affairs, except for finance;
With my investment, You can just design chips with peace of mind, and you don’t have to worry about the investment in wafer fabs.”
In the early years, the investment in wafer fabs was not high. Until the 1980s, many companies still produced their own chips. It was not until later that the foundry model became popular, and BayWan and South Korea were entangled with each other, squeezing other players, and eventually forming an absolute monopoly.
Moore asked: "What does Mr. Yang need us to do?"
"In addition to the normal operation of the company, I also have some functions. I hope you can design the chip and then produce it for me." Yang Wendong replied: "I There is also a large electronics factory in Hong Kong. But there is no chip production capacity, so we need to rely on the United States. This is one of the reasons why I hope to invest in you.” , there is no doubt about the strength of Intel team.
Moore and Noyce looked at each other, and then said to Yang Wendong: "Mr. Yang, I wonder how many shares you want to get?"
"How much are you willing to give?" Yang Wendong asked back road.
"How about 20%?" Moore said: "But we can't seem to decide on the valuation yet."
In fact, they also thought about finding someone to invest, and they also decided on the shares to be given up in the early stage. , originally wanted to wait until some achievements were made before introducing capital, but unexpectedly someone took the initiative to find it.
"The shareholding ratio is okay. Regarding the valuation, I will arrange for someone to negotiate with you later." Yang Wendong nodded and said.
There is already venture capital in this era, although it is not as good as it will be a few years later, but the basic rule is multiple rounds of investment, carried out gradually, and the first round is usually about 20%;
What's more important is that he is a foreign investor and holds too many shares today. When Intel rises in the future, he will still have to sell some of his shares, so it's appropriate;
Regarding the investment strategy of American technology giants in the future, he is prepared to implement multiple investments, but each company will not have many strategies, so as to ensure maximum benefits and minimize risks.
"Okay, we will negotiate the investment amount later." Moore said.
Yang Wendong added: "But I still have one condition. When you develop in the future, I hope you can help me build a wafer factory in Hong Kong. It does not need to produce the most advanced chips and can meet the needs of home appliances. That’s enough.”
“Home appliances?” Moore thought for a while and finally agreed: “Okay.”
PS: Please give me a monthly ticket
(End of this chapter)