The more Luo Juncai thought about it in his office, the more excited he became, and his bald head looked shiny, as if the light of wisdom came out.

The only thing he is worried about now is that the scale of R&D money burning is getting bigger and bigger, and often 10 million funds are smashed, and it doesn't take long to run out.

And the 30 million R&D funds allocated to him by Li Feng at the end of last year have now been used for more than half.

According to the current scale of research and development, when the first generation of smart phones is officially launched, I am afraid that at least hundreds of millions of research and development funds will need to be invested. In 2004, this was already equivalent to the net profit of many listed companies for a year.

With such a huge R&D expenditure, and only for one project, there may be no second company in China today except for New Dream Group.

No matter how wealthy a company is, it will not invest hundreds of millions of real money in the research and development of so-called smart phones.

This in itself is a wasteland project, because in the current market, let alone seeing the real thing, even if it is a concept of smart phones, most companies are not clear, even if some of today's top mobile phone manufacturers foresee the trend of mobile phone intelligence, but they did not expect that this trend will come so quickly, so violently.

Therefore, in the research and development of smart phones, New Dream Group has been leading the world for at least one to two years, and in this rapidly changing market, this to two years of leadership in exchange for absolute market dominance.

At this moment, Luo Juncai looked at the financial statements at the beginning of the year, his face eased from the original joy and excitement, and he began to be a little worried, after all, the expenses are complicated, and spending money is like flowing water.

He thought about it and called Li Feng: "Mr. Li, I'm going to ask you for money again, the 30 million funds at the end of last year have now been used up 80%, and I'm afraid it can only be supported for another month or so, you can see if you can add some additional funds, our research and development is now progressing very well, and it is time to produce results." ”

Every time he asked for money, Luo Juncai said it very tactfully, because he was also embarrassed, this company has not produced a penny so far, but the invested R&D funds can already be calculated with 100 million.

With the continuous accumulation of technology and the improvement and expansion of new functions, the demand for funds will be greater and greater, so the expenses are not only not saved, but are increasing.

This also put Radiance Technology Company under tremendous pressure, because other companies within the group are watching, and everyone's psychology is unbalanced, because among all the companies, Li Feng is the only one who has a long-term and continuous large-scale investment in Radiance Technology Company, and this kind of investment and care is not enjoyed by any other subsidiary.

So in Luo Juncai, the invisible pressure is huge, if the light technology company can't make a decent product in the end, then he will definitely become a laughing stock within the group and even the entire industry, after all, hundreds of millions of funds have been spent, maybe the industry will give him a nickname like "burning money loser".

"Don't worry about money, you have to say how much you want, you have made the prototype last year, but many places still need to be improved, I hope you will make an improved version as soon as possible, let me take a look." As long as your R&D achieves practical results, I will fully support it. Li Feng said, "I'll ask the Finance Department to prepare 20 million funds now, and call you." ”

Li Feng gave Luo Juncai another 20 million at once, and he didn't blink his eyes, because now Li Feng is also confident, and the mixed yuan game company will be listed next Monday, and after the listing, the financial pressure will be reduced a lot.

Therefore, the current 20 million, in terms of importance, is not the same as last year's 20 million.

With 20 million funds, Luo Juncai can hold on for another quarter, and at that time, he is confident that he will hand over an improved version of the smartphone with basically perfect functions in front of Li Feng.

......

At this moment, in New York City, USA, a grand drinking party is being held.

This cocktail party was held by Global Mall to celebrate the company's successful listing, and celebrities from all walks of life were invited to participate, with a total of thousands of people, and the grand occasion was unprecedented.

Leo Porter, the president of the Global Mall, was full of spirits and became a star-level figure in the eyes of everyone, like the stars and the moon, staggering at the cocktail party and getting to know the guests who came and went.

Among those who were invited to the reception were Fred, the former general manager of Dayang Fund Company, who has returned to the American market, and Xu Jinlin, general manager of Dahua Fund Company.

At this moment, Fred has already passed the first major crisis in his life, and the American market has gradually forgotten the scandal between him and Leoper, especially the original Leoper, who has now become a god in the eyes of everyone, so even Fred, who is the younger brother, has successfully passed the test.

Therefore, for the listing of the Global Mall, Fred's excitement is simply the same as that of Rioport, because the big brother is successfully listed, and he, as the younger brother, will of course have more market opportunities.

As for Xu Jinlin, it was through Fred's connections and resources in the American market that he successfully expanded the business of UOB Fund in the American market, and now they have set up two branches on the east and west coasts of the United States, and carry out venture capital business at the same time.

Although he is the top boss in the industry in China, he is completely unknown in the American market, and almost no peers know him, and everyone doesn't look down on this somewhat bald Oriental fat uncle.

Through the expansion and investigation of the American market in the past few months, Xu Jinlin also began to realize that the American market is simply full of gold, especially in the field of the Internet, and its development speed and scale are even faster than that of China.

This is thanks to the English cultural circle of the United States, which is not only in the United States, but also includes various continents such as Europe, Africa, and Oceania, so many American companies already have the basic cultural elements of internationalization from the beginning, and do not need a transition period from the Chinese cultural circle to the English cultural circle like Huaxia companies.

Therefore, the development of Internet companies in the United States is particularly rapid, and many start-ups have been valued at tens of millions of dollars in less than a few months, and they are still unthinkable for the Chinese market, which is the amazing effect brought by mature markets.