Chapter 182 Venture Capital

The content of Director Zeng's letter of introduction is not long, and it is briefly mentioned that because the state departments at all levels are cutting funds, including the scientific research institutions under the Chinese Science and Technology Initiative, which are affected by the cutting of funds, many staff members have nothing to do during the day, so they can only drink tea, read books and read newspapers to pass the whole day, and make money to support their families by setting up stalls after work. Pen, fun, pavilion www. biquge。 info

It has become a reality that it is better to sell tea and eggs than to engage in the atomic bomb.

Therefore, many personnel of the Chinese Academy of Sciences had the idea of going to the sea to do business and make a living for themselves.

Liu Lenovo is also one of the people who are ready to go to the sea to do business, in terms of scientific research level, Liu Lenovo has neither achievements nor ability, and belongs to the salted fish in the scientific research unit that eats and waits for death. However, compared with those capable scholars, the only advantage of this salted fish may be that he is bold and has the courage to give up his iron rice bowl and pull a group of people to go to the sea to do business.

Originally, in history, Liu Lenovo first joined by fooling Ni Guangnan, turning Ni Guangnan's Hanka into Lenovo's first pot of gold. Later, through the agency of IBM's products, he became a second-hand dealer and made money effortlessly.

Now Liu Lenovo has undergone some changes, and it does not think about Hanka or the Chinese agency of IBM products, but tries to get in touch with the new start-up electronics company.

Lin Qi put the letter of introduction in the drawer and said, "I have read Director Zeng's letter...... For you technicians to start a business in the sea, if you stand in the long run, I don't agree. Improving productivity through scientific research, obtaining benefits and profits, and open source methods are the fundamental way out to solve many problems. ”

Liu Lenovo nodded and said, "If there is no way, a large number of technicians have nothing to do, and waste their time, who will go to the sea?"

"That's right!" Lin Qi said, "Open source will not be effective for the time being, and it can only be throttled." Some of the wasted human resources have been revitalized. The personnel structure has been streamlined, and the per capita scientific research funding of those who have stayed behind has been increased, and it is also beneficial if those who go out mix well. ”

Seeing that Lin Qi's tone had changed, Liu Lenovo said again and again: "We just had this idea in mind and founded Beijing Computer New Technology Development Company (the predecessor of Lenovo Group), however, due to the influence of domestic policies, we hope to obtain investment from Hong Kong, which will not only solve the problem of funds for our business development, but also gain more operational autonomy in the name of joint ventures." ”

"Operational autonomy? In other words, China Science and Technology has shares," Lin Qi said.

"Of course...... Liu Lenovo explained, "although I go to the sea to do business, if I break off the equity relationship with the Chinese Academy of Sciences, without this background, there will be resistance to doing many things." ”

Not only does not want to be constrained by the system, but also wants to enjoy the resources within the system, this Liu Lenovo is really a profiteer.

"Okay, the new venture electronics company invests 3 million! accounts for 50% of the shares, do you think there is a problem?" Lin Qi said, "With this investment, your company is a veritable joint venture." How many shares do the Chinese Academy of Sciences occupy, and how many shares do your founders occupy, after the discussion is completed, the funds will be credited to the account. I won't take care of business issues, but we will send someone to take care of the financial aspects, so I have no opinions. ”

Liu Association is a typical trendsetter of this era, limited to his own vision and ideals, and cannot become Jobs.

Unlike Steve Jobs, he can't write code, and his technical level is sparse. But Jobs has ideals, and he also fools the big people to join, but Jobs continues to make one subversive product after another.

But Lin Qi didn't despise Liu Lenovo!

Among the dozens of technology companies controlled by the Chinese Academy of Sciences, the company founded by Liu Lenovo does not invest the most funds and resources, but the rate of return to the Chinese Academy of Sciences is the highest.

If you follow the historical development trend, you can invest in Lenovo now for a dollar, and you can buy a house in a fourth-tier city in a few decades. Lin Qi won't have trouble with money, so why don't you invest? Of course, you have to invest, and you have to be a major shareholder!

"No!" Liu Lenovo was overjoyed, with an investment of 3 million yuan! You must know that the goal of Liu Lenovo in this period was to strive to become a "large company" with a scale of 1 million.

Originally, the Chinese Academy of Sciences was the major shareholder of Lenovo, but the proportion of equity it now occupies is definitely not as good as that of Xinchuang Electronics. As for, Liu Lenovo and others, although they have equity, but the equity ratio will not be too much, before the listing, Liu Lenovo and other founders, the equity can reach about 3~4%, after multiple rounds of financing and listing, the future will only account for 1% of the equity at most. Therefore, in the early stage, let Liu associate them to do it, and after the scale is large, if there is no future, then Lin Qi will change to a group of people with skills and ideals to take over. Historically, Lenovo has never lacked teams with technology and ideals, but the problem is that many independent R&D projects that were originally done well were not killed by market competitors, but by Lenovo's senior management. This kind of strange thing, Lin Qi will definitely not let it happen, if there is a contradiction between Lenovo's high-level and independent research and development projects, Lin Qi will definitely cut off the high-level, not the technical research and development team.

……

At this time, the Beijing Computer New Technology Development Company (the predecessor of Lenovo) was still registered in early 84, but due to the intervention of the new venture electronics, the development of Lenovo has a huge difference from history.

In 84, Lenovo became the largest microcomputer sales company in China by acting as an agent for the Pangu host under Xinchuang Electronics. In 85, Lenovo was commissioned to develop a printer for Pangu computers. By 87 years, Lenovo printers were mass-produced and listed, and Lenovo printers priced below 5000 yuan swept the domestic market. In the early 90s, Lenovo entered the Pangu compatible machine market and officially sold Lenovo brand computers, because, during that period, Xinchuang Electronics mainly focused on core technologies such as CPU and operating system. As for accessories such as motherboards, memory, hard disks, and optical drives, technical standards have gradually been opened up to manufacturers in the entire market to make compatible machines.

IBM's open PC standards are premature, and the core technical standards such as CPUs and operating systems are not in their hands. So much so that later companies such as Microsoft and Intel made the most profits in the PC era.

Pangu Computer, on the other hand, did not open the production authorization of the whole machine manufacturer at the beginning. Throughout the '80s, the dominance of its technical standards was in the hands of the start-up electronics companies themselves. Of course, accessories such as memory, graphics cards, hard disks, optical drives, monitors, mice, and keyboards are open to the outside world.

As long as the CPU and operating system are mainly focused, then, even if the whole machine market is ceded to compatible machine manufacturers, the new start-up electronics company will still be the largest vested interest in the entire ecosystem.