Chapter 579: Lost Again
Son Masayoshi instantly understood that Lin Qi had taken a fancy to SoftBank's strategy of preparing to lay out telecom operators. In later generations, SoftBank was the most successful in achieving a rapid increase in the scale of capital, and after SoftBank went public in Japan in the 90s, it raised funds and invested some of its capital users in Yahoo. Yahoo has brought more than 10 billion US dollars in returns to SoftBank, and the business of Yahoo's Japanese branch is completely responsible for SoftBank, making SoftBank the largest Internet company in Japan.
Yahoo's success has further allowed SoftBank to gain abundant capital, both by cashing out Yahoo shares, and making more venture capital, for example, more successfully investing in Alibaba with Yahoo. Later, Alibaba became the world's top Internet giant, bringing SoftBank's return on capital to more than 100 billion US dollars.
But it would be a big mistake to ignore SoftBank's own success in integrating the troika of telecommunications, Internet, and investment in Japan. Investments like Yahoo and Alibaba have not brought in cash flow for many years. It takes a long wait, and during this time, it is simply not possible to siphon out those paper wealth to subsidize the main business.
However, SoftBank has developed from a small company to the second largest telecom operator in Japan, which has to be admired.
"Mr. Lin, I don't quite understand why I fancy the mobile phone market. The future century will be the world of the Internet, but the development of mobile phones will always have limitations and will not be able to replace the existence of computers. Son was a little puzzled and waited for Lin Qi's answer.
In essence, Son now wants to enter the telecom operator business, and at the beginning he was also preparing to be an Internet service provider, by charging fixed lines, network broadband and so on, to obtain a stable income.
As for the layout of the mobile phone market, although it is also relatively popular in this era, due to the high cost of mobile phones and the narrow functions, it is not regarded as a replacement for fixed-line phones and the Internet.
Lin Qi smiled, if it were another twenty years, Sun Tie would definitely not say such a thing, but now even if Sun Zhengyi conducts more research on the Internet market, he will not conclude that more Internet users in the future will not come from the computer in front of him, but from the mobile phone!
At this stage, due to the limitations of computer hardware, mobile phones are not able to run complex software, and it is impossible to provide more Internet applications. However, once this problem is solved, it will not only win the next 20 years, but even may lay the foundation for the hegemony of the next 40 years. Forty years of rapid growth have been grasped, so even if there are more losers in the future, it is estimated that they will be able to lose a lot.
For example, a company like Microsoft, whose main products were formed in the 80s~90s. By and large, Microsoft has only succeeded in three major battles, PC operating systems, office software, and game consoles. After these three times, Microsoft lost its good fortune and kept failing.
As far as the field of mobile phones is concerned, to be honest, Microsoft's touchscreen mobile phones were even released earlier than Apple's mobile phones, but who is to blame? But Microsoft's mobile phone industry failed, mainly because it tried to streamline the complex operating system on computers to mobile phones. However, it is limited to the level of mobile phone hardware and cannot provide a good experience. At the same time, the battery life problem could not be solved, and the user could not bear it, so he bought a mobile phone similar to a small computer, but the battery ran out in two hours.
By the time Microsoft came to its senses, it had already lost the entire market. After the Apple phone, there is a more fierce Android camp. At this point, it is unlikely that other platforms will succeed if they want to do the mobile phone operating system ecology.
Lin Qi, as a person who has come over, knows what the future mobile phone will look like. Also, those shortcomings, which the user cannot tolerate, are doomed to fail.
"In the future, mobile phones will gather a lot of software, and it is not an exaggeration to say that it is a small computer, which is also the goal of a new business, so I want to cooperate with SoftBank to support each other and jointly occupy this market. ”
Lin Qi told Son a lot, for example, that the mobile phone of the future is an Internet mobile phone. But just by imagining, it is impossible to know the user experience of mobile phones with Apple and Android systems later.
These more dry ideas, Lin Qi naturally will not tell others.
I will only tell others something, and I will admire his vision in hindsight, but in this era, in fact, many people have put forward similar views, but the people who put forward the views are only right in the general trend.
But few people can know what the details of the future product will look like.
Take the touch screen!
Touch screens are already available in this era!
But it is a stupid black and coarse industrial product, no one would have thought that the future touch screen will be so sophisticated! It can bring users a keyboard and mouse-level operation experience.
Son was silent for a long time and said: "I am optimistic about the future Internet era, and I am happy to cooperate with new entrepreneurs and accept your financing, but I must ensure that the control of SoftBank is still in my own hands." ”
Joyfully!
Lin Qi couldn't help but sigh in his heart, he had prepared a lot of rhetoric for this, but it seemed that he didn't need it now.
"With 35% of the equity, the new venture will invest 350 million US dollars, what does Mr. Sun think?"
Lin Qi was directly dismissed, if he was someone else, he might have to play some business tricks, but he didn't use it for Son Zhengyi.
Son's hand holding the teacup stiffened slightly, and when he heard the 35% equity, his heart chuckled, this is the rhythm to be set by SoftBank, but the price of $350 million! That is, the valuation of SoftBank is $1 billion, which is far more than Son's self-evaluation!
If Lin Qi is rejected, even if he waits for five years, or even if he can be listed, it is estimated that he will not reach such a market value!
"Mr. Sun, part of the reason is that I have taken a fancy to Japan's Internet and the future mobile phone market, borrowing your SoftBank channel, on the other hand, investing in you as a person, I think you have a lot of vision and can do bigger business. Lin Qi smiled and said, "Mr. Sun, my time is also very limited, and this kind of investment, for me, is not a trivial investment, and it does not affect the overall situation." At the moment, it is the only visit I made before I left Japan. If the negotiation is successful, if it fails, it is estimated that there will be no chance to come to the door again for many years. In the future, even if we are still optimistic about Japanese telecom operators, it may be the team of our Japanese branch that invests in a number of small telecom operators through independent market research, and may not be able to put a heavy bet on SoftBank. ”