Chapter 522: Take Only One Scoop to Drink
Represented by Yahoo and Amazon, a large number of Internet stocks have collapsed, and the letter wave has dropped from the highest $58 per share to $25.
The rate of burning money of Internet companies this quarter is $4 billion less than that of the previous quarter, and some companies really have some money, such as Amazon, whose cash flow should be in the scale of $1 billion, but in order to make profits as soon as possible to boost confidence and create real profits, even if they have money, most companies have begun to lay off a lot of employees and cut expenses.
As a result, Liang Shengjun's work is getting smoother and smoother, and he can choose excellent engineers to his heart's content.
Silicon Valley is a good place, but it is too cruel, and the economy is not good, and it is the first to react, and the unemployment rate is bound to be higher than the national average.
It's no exaggeration to say that in 2000, you started a small company, advertised that No-Pay didn't matter, and you could receive hundreds of resumes in three days, and definitely more than you could ask for. Of course, options must be given, which is already a habit, but these options may be meaningful, or they may be waste paper.
This is really true in Silicon Valley, because here, if the company finds that you haven't had a job for half a year, they will be very reluctant to hire you, either you have technical problems, or you have human problems, or they have other problems, anyway, it won't be my problem, unless the earth really doesn't turn away from you, otherwise Silicon Valley, where talent is everywhere, why should I hire you?
Liang Shengjun works in such an environment, it can not be said that it is not smooth, the scale of Shengshi Electronics in the Zhonghai R&D Center quickly exceeded 200 engineers, and most of them have very beautiful resumes, because Liang Sheng has the right to choose.
And almost all of these people are invested in the SPOD project, although they are now partially ahead of Apple, but the innovation cannot be stopped, and it is still a bit dull compared to the real absolute line of products in a few years.
In terms of attracting talents, the year 2000 was a very good opportunity for him to seize and rapidly expand the R&D team of Shengshi.
He plans to invest no less than $300 million in this area, which translates into more than 2 billion yuan, which is a bit like the modern version of the Great Leap Forward.
So much money, not to build a few buildings, just a dozen floors and tens of millions of dollars to be built, so much money is to be invested in research and development itself, and people are the key factor.
Shengshi Electronics is firmly implementing the talent strategy formulated by Chen Zier.
After dealing with the affairs in New York, he didn't have time to care what Steve thought, he could think whatever he wanted, Chen Zier is now full of heart to do a good job in Shengshi Electronics, at any cost.
So after flying back to the West Coast from the East Coast, the first person he looked for was Liang Shengjun.
He was also as excited as Chen Zier.
"To be honest, Mr. Chen, when you said that the R&D team of 500 people, I thought it was difficult to find, but I didn't expect that I couldn't pick it now. In the car that picked him up, Liang Shengjun said.
Chen Zier took off his suit jacket, took the information he prepared, and sighed while flipping through it: "In fact, there is still no money, compared with the billions of dollars in R&D funds of those giant companies every year, we still need to work hard, due to this limitation, we can only take a very small path this year, some people are very good, but we can only give up, Shengshi can't afford to raise too large a R&D team." ”
He thought for a while and said: "In addition to the 500, you can add another 500 places, I don't understand technology, so you have to put some effort into it, don't let the troubled waters come in, there are many engineers in Silicon Valley who change jobs frequently, and they want to jump to the management level if they don't work well, so that they are carefully screened in the name of scientific researchers but have no scientific research strength." ”
"Don't worry, Mr. Chen, I have worked here, I know that kind of people, their first sentence at the beginning is always 'if you give me a team, I can manage you in an orderly manner', I am a person in the industry and know these routines. ”
Chen Zier nodded, that's good.
"By the way, what's the Lucent you mentioned on the phone?"
Speaking of this, Liang Shengjun's expression was a little exciting, "Lucent has taken a risky move, and this time it should fail miserably." ”
"The most important thing is that the Bell Laboratories under his jurisdiction will have skin pain. ”
Bell Labs is famous, even Chen Zier, a person who doesn't engage in technology, is like thunder.
"Find a place and talk to me. ”
Neither of them had the heart to eat a rich dinner, so they could only find a fast food restaurant to fill their stomachs.
"When I was still working at IBM, I was here to witness Lucent's IPO in '96, where they raised three billion dollars, the largest IPO of the year. Liang Shengjun took a sip of carbonated drinks and began to tell, "Lucent's market value rose to $240 billion earlier this year, but in order to maintain his high stock price and meet Wall Street's performance expectations for him, Lucent actually lent money to various companies to buy Lucent's own equipment." ”
Chen Zier raised his eyebrows, "That's to buy your own things with your own money?"
"Yes. Liang Shengjun affirmed: "I don't know who came up with the idea, this thing was done before the bubble, in order to promote his telecommunications equipment, from a financial point of view, as long as the equipment goes out of Lucent, then it will be included in sales." If the financial report is released, it will definitely be much prettier. ”
Chen Zier roughly understood, "So the problem is that this sales are actually false, and a large number of arrears of small and medium-sized companies are converted into receivables, but this money never enters Lucent." ”
His eyes became brighter and brighter, "And after the bubble burst, small and medium-sized companies went bankrupt one after another, so Lucent's receivables turned into a net loss in an instant?"
Liang Shengjun nodded heavily.
"Lucent's CFO certainly doesn't know how to present the financial report to Wall Street, and such a report card will make Wall Street abandon the company, and Wall Street's abandonment will always be suppressed, and there will be no such result as life and death for it. ”
Chen Zier always felt that he had seen some news in his impression, and Lucent was no longer called Lucent later, but what was Al-Lucent, as if it had been acquired for a few years.
I'm not impressed.
But as it stands.
There is a chance for the prosperous world.
Liang Shengjun leaned over and said: "Bell Labs has long been a paradise for scientists who are not worried about R&D funding, but in the next six months, Lucent will close at least half of its R&D departments." It's a huge lab with 20,000 R&D staff, and if it were to lay off staff, a large number of first-class scientists would lose their jobs. ”
He was right, Chen Zier was impressed, and Liang Shengjun's estimate was conservative, what more than half, even Lucent himself was acquired.
It is unlikely that it will be completely absorbed, firstly, it is not so strong, and secondly, even if it is, it is completely unnecessary, some of the R&D of Bell Labs is not business-oriented basic theoretical research, and secondly, other powerful companies will also have a desire for these talents. But no matter what......
Chen Zier's eyes narrowed and said: "Even if you only take one scoop of drink, not to mention eating one bite to become fat, but Shengshi can definitely get rid of malnutrition and have a strong body." ”
With R&D, he has more confidence and confidence in the future of Shengshi Electronics!