"Did you know that in Silicon Valley, 50 percent of venture capital institutions are loss-making, and 90 percent of projects are short-lived and have no prospects?" Yu Youcheng asked Hu Yiting and Wu Tong.

Wu Tong didn't speak, looked at Hu Yiting, Hu Yiting nodded and admitted, "Yes, venture capital is like bank lending, but the proportion of bad debts is much larger than that of the banking industry, after all, this line is not looking at financial statements, but technology and market prospects."

But Mr. Yu, I am confident, I think the premise of venture capital is vision, and vision is essentially technical judgment, I dare not say anything else, but in terms of technology, I am confident that my vision is ten years ahead of others! I believe that this kind of vision, you also have it!"

Hearing Hu Yiting express his position so confidently, Yu Youcheng was also a little moved, but after all, he has been through ups and downs, and his life experience of more than 50 years reminds him that when he encounters young people who are extremely confident, he must not be too optimistic about them.

"Hu Yiting is still young after all, and his self-confidence comes from his previous successes, but does this represent the future?" Yu Youcheng thought of this, and said gently: " Every venture capital company in Silicon Valley has a strong technical background, in order to be responsible for every investment, they spend a lot of money on technical research, and still can't avoid often being empty, I also agree that you are stronger than them in technology, but people are not gods, can't understand every technology, you can't, I can't, not to mention that the future of a technology is often determined by the market, not engineers like you and me. ”

What Yu Youcheng said was indeed a good word, but Hu Yiting was not shaken.

"Mr. Yu, what do you think about the future? Are you going to continue to work for those big companies? With all due respect, I know that you went to the sea to start a business in your early years, and it ended in failure, I don't know if you still have the courage to start all over again?"

The corner of Yu Youcheng's right eye trembled, and he couldn't help but squint his eyes and said: "Courage doesn't come out of nowhere, I left Intel to start my own business, and now I don't regret it, now I finally got free, I must carefully choose the future path, after all, I am almost sixty years old." You have to know that there are almost as many companies that delist on the NASDAQ every year as there are new companies that go public, and every day there are as many new companies as there are new companies going bankrupt, in this sense, the world follows the conservation of energy. ”

Hu Yiting nodded slightly in agreement, he saw that Yu Youcheng was a very rational person, and his rich life experience made him have philosophical speculation about the world, after all, people in their fifties, it is normal to be conservative, which is actually an advantage for a venture capital capital.

Seeing that it was not easy to persuade Yu Youcheng, Hu Yiting became more and more patient, people say that there must be gains from doing difficult things, and it is indeed difficult to persuade an assertive person like Yu Youcheng, but once convinced, he can be used as a commander who is in charge alone.

Hu Yitingjue, there are five ways to persuade a person in general.

One is that he has strong strength, and as a strong person, he can make the other party admire and yearn for it, and ordinary people call it the spirit of a king. Although he has strength, he has no experience in venture capital, so Yu Youcheng is not too confident about himself at this point.

The second is to use data to speak, which is especially effective for that kind of rational person. But apparently there is no data to support that you will succeed in doing venture capital yourself.

The third is to rely on the power of authority, but an old mage like Yu Youcheng will not be moved by any famous quotes or bold words and other chicken soup for the soul at all.

Fourth, the so-called storytelling, such as chicken soup for the soul, this trick is often very encouraging to liberal arts students, but it is impossible for an old science and technology like Yu Youcheng to drink this bowl of chicken soup, the dignified vice president of technology at Intel, the senior director in charge of research and development, this kind of rational engineering student, no matter how eloquent you are, it is just a waste of spit in front of him.

And the fifth point is to use fear.

Hu Yiting thought about it and decided to try his persuasion, after all, he has a little advantage over others, that is, he started from scratch, which is a plus in Yu Youcheng's mind, and he has the super aura of a genius mathematician who solved Poincaré's conjecture, which also makes Yu Youcheng respect himself very much, and it can be seen from his speech and demeanor today that he treats himself as an equal, and does not put on even a little bit of seniors, and even some respectful over-the-top, interpreting equality as a peer.

"Mr. Yu, do you believe that there is a genius in the world?"

Yu Youcheng laughed: "Believe? Of course I do! There is a living example in front of me! Really, Hu Yiting, you are the most incredible genius among the young people I have ever met, Poincaré guessed that although I can't understand them all, there are not a thousand but eight hundred people with mathematical backgrounds in Intel, and now when I mention you, no matter what Russian Jew Aryans are, they have to give a thumbs up and say Genius!"

Hu Yiting smiled and said: "I also wrote QQ, you should know." ”

Yu Youcheng nodded heavily with interest and stared at Hu Yiting's eyes: "I heard that this was written by a group of graduate students from the Institute of Computing of the Chinese Academy of Sciences, so you are also in it?"

Hu Yiting smiled indifferently: "It's just a piece of cake for me, I did the entire development plan of QQ, and I invited a few classmates from the Institute of Computing to help, and everyone worked together to complete the product." ”

Yu Youcheng was very interested and asked, "How did you come up with the idea of making such a product in the first place? Aren't you mainly focused on IC design?"

Hu Yiting's smile was cunning, Yu Youcheng felt that this was a kind of laughter with wisdom beads in his hands, and the laughter of an elderly person was extremely inconsistent with his age.

"Because it's valuable. Hu Yiting paused, and added: "Because my vision tells me that it is valuable!"

The corners of Yu Youcheng's eyes tightened, and he said with some emotion: "Good vision! This vision of yours is now worth 10 billion US dollars! I heard that AOL's QQ is bound to win Chongguang, and even Microsoft is very hot!"

"Yes, they had offered a total of $10 billion, but we refused. ”

Yu Youcheng shrugged and moved: "So it's true? Oh my God! How much do you want?"

Hu Yiting avoided answering, and said with a confident smile: "When we are together every day in the future, we have time to talk about this topic, and now let's talk about the Shadow Overlord, let me tell you, the reason why I chose to develop a multimedia instruction set at the beginning was also because I had a vision, and similarly, I saw the great value in my eyes." ”

Yu Youcheng was deeply touched by this: "Hu Yiting, do you know that the multimedia instruction set of Youying Overlord can no longer be described as of great value, it is simply an iron tong, which has torn open the thick iron sheet wrapped in Intel's shell, and now Intel is bleeding nonstop, the perpetrator is you Chongguang, it is you Hu Yiting!"