Chapter 302: Hatchery
Mr. Macrini was not interested in Lanai, Hawaii's sixth largest island, but Su Mu thought Ellison's opinion was quite good, the last time I traveled to Hawaii, I heard that this private island was being sold for $340 million, and I thought it had been sold, but I didn't expect it to be there, and the price dropped by $40 million.
Speaking carefully, except for the dozens of wealthy people who are among the most valuable, no one will be interested in it, even in Hawaii, money can be made in hand, but the island does not produce much, the little rich will not buy an island for vacation, and the big rich are because the space to choose is too large, it does not have to be Lanai, it is too big, more wasteful.
Even Su Mu felt high when he heard this kind of price, not to mention that other rich people might have to have more money like Ellison to buy such an island, just for usual travel and showing off, Su Mu is trying to prepare some fixed assets for future generations, and at the same time, in response to Ellison's call, to enjoy the luxurious life of a "super rich", ready to talk to Ellison, now it is important to talk about business.
Ellison didn't divert the topic this time, and replied to Macrini: "I came to you for a huge plan that can earn fame and money, and I think you two are qualified enough, and more people may join in the future." ”
"Hearing you say that the huge plan, my eyelids began to jump, you think it is very big, so how big is the investment? I know your character very well, if you have enough funds, how can you think of taking me and Su together?
Tell you in advance, I'm different from you, I don't have too much idle funds, if I take the company's shares to pledge, then it will be an absolute disaster for the company's stock price, shareholders will think that I have made money and want to leave, or the company's operation has problems, you should be very aware of the imagination of those reporters......"
Su Mu deeply agreed with Mr. Macrini's words, and he also felt that if it was a small plan, Ellison would not be kind enough to pull him along, whether it was a huge investment amount or too high a risk, it was not a good sign, and he was ready to retreat at any time.
"I'm helping you with good intentions, and it's your own business to invest or not, and I'm planning to set up a huge industrial incubator near the town of Santa Clara in the south, inviting small and medium-sized businesses to settle in at low rents. ”
Ellison paused for a while, poured himself a glass of whiskey, and drank whiskey in the morning, Su Mu saw him raise his glass to himself, and hurriedly shook his head and replied, "I don't drink it, thank you." ”
Ellison continued, "This is what the governor suggested I would do, and he would let me buy a piece of land near Santa Clara at a low price, and you know, it's not like we are here, it's all Silicon Valley, but there are too few companies coming in. In order to stimulate the local economy and increase employment, the mayor of Santa Clara agreed to sell me a piece of land near the bay at a low price, for only 20 million, I can get the 20 square kilometers of land, and the state will also give partial funding and policy support when building the industrial park.
There is not much investment in the initial stage, because every project that needs to be subsidized will pass through me, which means that I will know which startups are short of funds, and which projects have development potential, it depends on their own vision, we have angel investment departments under our names, this is a good opportunity to invest, and you can also gain fame, I didn't lie to you, right? If they are willing to participate, the initial investment of 50 million US dollars per person is enough, and it is not necessary to have a very good house, it can be sheltered from the wind and rain, even if it is not profitable, I am willing to rent to them, and get the opportunity to inject capital in advance, which is too tempting, maybe a small project, can earn back all the costs, for example, the instant chat software I invested in, the valuation has been as high as 75 million US dollars, and I only invested about 2 million US dollars. ”
The victim Su Mu was standing in front of him, and Ellison was able to say the last sentence without shame, Su Mu immediately gave him a roll of his eyes, and said in his mouth: "I remembered when I mentioned this matter, your software infringes my company's patent, let the lawyer talk about how to settle, I won't agree without 10 million dollars." ”
“…… Haha, why are you talking about such nasty topics on such a happy day?" Ellison shamelessly forced a digression: "How about it? Are you interested in getting involved?"
Su Mu and Macrini looked at each other, of course, there is interest, from the governor's approach, it can be seen that the California official intends to establish a "new Silicon Valley" near the town of Santa Clara, that is, the South Silicon Valley area where there are few enterprises, from San Francisco to the south, all the way to the narrow area near San Jose City, all the way into the scope of Silicon Valley, to further stimulate the development and growth of the high-tech IT industry.
This has a lot to do with the support of the new President George H.W. Bush, who has made harsh remarks about providing jobs, and it is not surprising that California has not taken action when the NASDAQ stock exchange is so hot.
Now that Silicon Valley has become a top priority for governors, other Reagan-era tax exemptions are about to be abolished, but there is news that tax cuts for the IT industry will remain unchanged and may even be reduced further.
It is no wonder that even if these high-tech companies are taxed today, already profitable companies such as IBM, Microsoft, and Oracle will not collect much tax, but will hinder the development of these enterprises.
You must know that at present, there are tens of thousands of startups in Silicon Valley, more than 95% are in a state of loss, the tax exemption policy has a quota, the tax within 2 million US dollars can be exempted, and the excess part will be exempted, Su Mu is very ashamed, compared with SUN, Oracle and other companies, their own taxes are too small, less tax means less money, if he can, Su Mu will pay 18 billion US dollars in taxes every year.
Su Mu didn't speak, he was thinking about the gains and losses in his mind, except for the initial investment in construction, even if the project failed, it would not cause much loss, but it could improve his reputation and obtain many potential investment opportunities.
Judging from the current situation, as long as the vision and luck are good enough, it is not difficult to make money through angel investment, those companies that invested in the past, now only two have succeeded, and Su Mu has made a lot of money, one is ATi, the other is engaged in the field of e-books without success, and the Maple Leaf Book House that accidentally sold books through the Internet is successful, and now not only sells books, but also sells records and tapes through the Internet, mails to customers' homes, and pays cash on delivery.
The loss is serious, but this makes Su Mu extremely happy, because since he can sell books and tapes, it also means that he may be able to sell other products through the Internet in the future......