Chapter 277: End of the Year
Nowadays, the technology of popularizing the Internet has appeared, and everyone is worried about the speed of network transmission, for example, when using Bee, a short sentence of several words may also take more than ten or twenty seconds to be obtained by the other party, and the more unlucky ones cannot be sent directly.
Searching for information in the OO browser takes longer, and it still takes a lot of time to load, even though the page has been kept to a minimum, and all unnecessary things have been discarded, including image ad slots.
Therefore, in this era, going online is not only a test of financial resources, but also a test of the patience of netizens, fortunately except for Silicon Valley, which is a little faster, this is the case everywhere else. Those netizens have never experienced faster internet speeds, so instead of complaining, they think it should be so.
At present, even the slightest technology that can improve Internet speeds in Silicon Valley will attract a lot of attention, and many investors in companies and research institutes are holding back their efforts to invest huge amounts of money in trying to be the first to eat crabs, which means tens or even tens of billions of dollars in profits.
Driven by this motivation, a large amount of money entered the field of scientific research, Su Mu knew that the future network transmission speed would be fast, fast enough to watch movies or online videos, but he did not know when it would appear, nor did he know what kind of technology would be applied in it, so he could only wait patiently for the engineers to make up for the shortcomings.
You must know that it is still 1989, Su Mu drummed out the hypertext link technology in advance, the practicability of the Internet has been greatly improved, and correspondingly, many things have happened in advance, less detours for several years, but also means that the technical level has not kept up, can you expect those telephone dial-up Internet technology, how fast to provide network speed?
It's useless to be anxious, now I can only wait patiently.
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Today is December 5th.
As the year drew to a close, 1989 was undoubtedly a particularly successful year for Su Mu, with sales more than doubling from the sale of Qugou Supermarket and success in the field of private investment, with Microsoft's market value increasing by 41 percent, which was a miracle in the traditional field!
At the same time of both career and love, his personal reputation has also increased by leaps and bounds, not to mention stomping and shaking in Silicon Valley, at least many people have known him on the road, and a large number of admirers have appeared, as if he has become a leader in the young generation of Silicon Valley entrepreneurs, and is considered one of the legends in the Internet industry.
In his own opinion, life has not changed much, but he often receives various invitations, more entrepreneurs come to seek investment, more reporters come to seek interviews, etc., and in October, he also participated in a talk show on NBC TV, the theme of which is to look forward to the future development trend of the IT industry.
Nominally richer, the fact is that compared to the beginning of the year, the funds in his account are gradually decreasing, not only Galaxy spends money, but also the startups that have invested in this year.
The "reshuffle" of Silicon Valley companies is quite fast, and a company can often see the general development prospects after half a year, especially Internet companies, which is enough to develop a decent product in half a year.
Su Mu has successively invested a total of more than 44 million US dollars, more than half of which has been lost, a total of 19 companies have been invested, seven have failed, and five are still on the verge of bankruptcy, they have been sentenced to death in Su Mu's mind, and they are not ready to continue to spend money in vain.
Of the remaining seven companies, two have a good momentum of development, and the rest can only be said to be average, and it is difficult to say where they can go for the time being.
The two companies valued by Su Mu are engaged in the graphics processor and e-book industry respectively, the success of the former is expected, it cost him 10 million to invest in ATI, as for the latter, the wall is full of flowers and fragrance outside the wall, and the e-book has not made a name for itself, and the founder actually came up with the idea of selling physical books through the Internet, and the cash on delivery was mailed to users.
It is because of this business that Su Mu injected 8 million US dollars again to pull it when its capital chain was about to break, and successfully obtained 85% of the company's shares, and now it is still in a state of loss, and Su Mu is learning some Internet business operation experience from it.
It is worth mentioning that the founder of this company is named Jeff Bezos, an interesting young man who jumped out of Wall Street to start a business, and was successfully flapped by Su Mu's wings, and he came to Silicon Valley in advance to name the company "Maple Leaf Book House".
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Today is destined to be an unforgettable day for Sumu.
I had just received a call from Gulfstream Aerospace telling that the private jet had finally been completed and that it would be seen at the San Francisco airport tomorrow, followed by a call from Lily.
Her tone sounded terrible, and Su Mu asked what was wrong, and Lily only said to wait for her to come from New York and talk to her face-to-face.
As soon as he heard this, Su Mu's mood suddenly fell to the bottom, thinking that he was going to break up with himself, or empathize with him, etc., after thinking about it, he felt that it was not very likely, after all, there was no abnormal situation on the phone a few days ago.
After asking a few questions, Lily still insisted on interviewing in person, and he couldn't help but be entangled. Yesterday at the University of Oxford, England, he actually returned to New York quietly, and he wanted to talk to himself face-to-face, although he didn't know what happened, but Su Mu always felt that it must be a big deal.
It's already evening, and it's time to get off work.
Approaching the year-end holiday, the company's employees are always lazy recently, Li Ping'an helped prepare for the company's annual meeting just started last year, Su Mu is indispensable to have to hemorrhage, the company's performance exceeds expectations, and it is impossible to say that it does not include a generous year-end bonus.
The employees of McKinsey, a well-known consulting company, have recently been busy distributing 2% of the shares of Bee to employees, and only about 140 key employees are eligible to receive equity awards, which means that everyone can get a lot, and there are prerequisites for wanting to get equity awards, such as not being able to resell within five years, not resigning within three years, etc., which still makes these employees excited.
In order not to favor one over the other, Su Mu tried to increase the cash reward for other employees, tentatively three times the average monthly salary for the whole year, almost three months' salary, and most people can get about 20,000 US dollars, which is definitely not a small amount of money.
Galaxy has been in business for a whole year, and it is audited every quarter, and the employees who do not meet the standards have left the company, and the rest have merit, and they don't plan to continue recruiting people recently, Su Mu is about to be unable to afford it, so many people are enough to fill the gaps in each project.
When the employees got off work, Su Mu was not in a good mood, waiting for Lily to come over, and was about to go home for dinner first, when he came to the street, a middle-aged man who had been waiting for a long time shouted to him: "Su! I may well find a big gold mine! I got the exploration rights, and now I lack a sum of money, help me!"
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