Chapter 657: Online Socket

At the end of May 2007, according to incomplete statistics, the VR industry attracted 3,500 companies from all over the world. Pen, Fun, and Cabinet www.biquge.info banks are also more optimistic about this industry, with a total loan amount of no less than $50 billion. But in Henry's view, the threshold for VR is actually very high, involving a lot of technology, and companies need to pay high costs to create high-quality experiences, and they also need to master huge resources, such as user resources, movies, games and other content resources, which are by no means affordable for ordinary small companies. Coupled with the fierce competition from high-tech companies such as Atari, Microsoft, Google, IBM, and Samsung, it is not difficult to imagine that the vast majority of VR companies will eventually become cannon fodder!!

In addition, the subprime mortgage crisis in the United States has broken out, and it is not a good time to enter the VR industry at this moment! And at this time, the banks are also mud bodhisattvas crossing the river and it is difficult to protect themselves, and lending to other enterprises is equivalent to accelerating their own death! The outbreak of the subprime mortgage crisis in the United States is caused by the defects in the design of the subprime loan product system and the imperfection of the government supervision system, which is an inevitable event!

Beginning in February 2007, HSBC announced that its North American home loan mortgage business had suffered huge losses, writing down $10.8 billion in related assets, and thus began the subprime mortgage crisis. In April 2007, New Century Financial Corporation, the second-largest subprime mortgage company in the United States, filed for bankruptcy protection due to its inability to repay its debts, laying off more than 50% of its workforce. Of course, at this time, people were still unaware of the advent of the subprime mortgage crisis, and only thought that individual companies were not doing well. The popularity of VR has attracted the attention of the media and the public, making the subprime mortgage crisis not attract people's attention.

Henry has already made targeted adjustments to his own company in order to survive this financial crisis!

Wellett, who is in charge of Williams Royal Investments, has already spent a huge amount of $1 trillion on crazy shorting of the US stock market and real estate market. In addition, it also took out 2.5 trillion US dollars to start shorting the financial sector of more than 100 countries and regions such as Canada, Singapore, Japan, South Korea, and Europe.

At this time, in fact, Henry was not the only one who did this, there was a fund manager named John Paulson in the United States, who was also crazy about shorting the US stock market and real estate. Now, he's just a small guy on Wall Street, and his company Paul & amp; CO. has 60 employees and manages a $1 billion hedge fund. In his previous life, he earned $3.7 billion in 2007 alone, becoming the best fund manager of the year!!

Since then, the name "John Paulson" has been revered as a god by Wall Street, and titles such as "the god of making money" and "the first person in hedge funds" have been hung on his head, the financial tycoon Soros has invited him to dinner, and even US Treasury Secretary Henry Paulson has been aggrievedly called "another Paulson" because of his existence!!

John Paulson was revered as a god with only $1 billion in funds. If Wall Street in the previous life knew that Henry had shorted the US stock market and real estate with $1 trillion, what should he be called?!

The King of the Gods?!

Henry did not dare to let people know that he was shorting the US financial market, which is tantamount to rubbing salt in the wounds of the Americans, causing the US economic situation to be even more dire than in the previous life.

Williams Royal Investment Company secretly controls many fund institutions, and all of them are short the US market in the name of these funds, which is not easy to be suspected of itself. And even if the U.S. knew that Williams Royal Investment was short the U.S. market, it would not know the specifics.

In order to paralyze the United States and make the subprime mortgage crisis worse, Henry began to create gimmicks again.

On June 1st, Williams Super Energy held a product launch conference and released graphene LED bulbs!

This press conference really stirred up a thousand waves.

Graphene LED bulbs are 40%-50% more energy-efficient than incandescent lamps, 10%-20% more energy-efficient than traditional LEDs, and the maximum service life is up to 10 years! But the price, only 15 Weiyuan one! This price is not expensive at all, who can't afford to buy something for 15 Weiyuan now?

Marcy Kelvin, spokesman for Williams Super Energy, said: "Friends from the media and viewers who watched the live broadcast of the press conference, do you know how much electricity can be saved in a year if the world is replaced with graphene LED bulbs?"

The crowd whispered.

Marcy Kelvin said loudly: "According to our statistics, at least 100 billion kilowatt hours can be saved, which is equivalent to all the electricity used on the earth for two days!! if calculated according to the international standard coal power generation, it can reduce the amount of coal burned by more than 12 million tons!! not only saving coal resources, but also greatly reducing the pollution to the environment! Therefore, whether in terms of economic benefits or environmental protection, graphene LED bulbs are the best choice! In addition, ......"

Marcy Kelvin paused, pressing the controller in his hand. At this time, another thing appeared on the LCD screen of the press conference - a socket.

Everyone couldn't help but be stunned, uh, isn't this an outlet? Could it be that Williams Super Energy is even involved in an outlet?

That's right, exactly.

Marcy Kelvin smiled and said, "It's an outlet, but it's not a regular outlet. This is our company's specially developed smart switch socket - online socket, with a switch of three-pin socket! As we all know, many families already have a robot EVE, although EVE can control the smart home equipment at home, but the user does not have a smart home at home. Now, though, now that you have the Online socket, you can connect to the EVE. When you're in bed and ready to sleep, you don't need to get out of bed to turn off the lights, just give the order to Eve. In addition, we have developed a mobile app that allows you to connect to an online socket even with a smartphone!!

After listening to this, everyone sincerely felt that the online socket is really a good idea! Technically speaking, the task of the online socket is only to control the "on" and "off", which is not very difficult. With online installed at home, many electrical appliances have become smart appliances, which is not only convenient, but also looks cool!

The reporter couldn't help but ask, "Mr. Marcy Kelvin, how much does an online socket cost?"

"It's not very expensive, only 90 weiyuan!" replied Marcy Kelvin with a smile, "but we're going to have a combo package." There is a switch and a three-pin socket on the online socket, so one online socket can control two appliances, one can be a light bulb, the other can be an air conditioner, and so on. Therefore, our combo package is 1 graphene LED bulb + 1 online socket for a total of only 100 Wei Yuan, which is 5 Wei Yuan discount!"

Although it is a bit expensive to buy sockets and light bulbs for 100 yuan, there are two "smart homes" in the home in an instant, which is also quite cost-effective!

(To be continued.) )