"Bill, you said Jobs wanted to buy Matrix?" Zhang Chen took a glass of puree beer and sat on the bar, looking at Bill Campbell who was busy in the bar with a smile.

The Old School pub next to Stanford was Bill's second Old School, and it was no different from the one he opened in New York, both for entertaining old friends.

Bill Campbell pulled a plate of french fries out of the fryer, "yes, Steve asked you to make a price." ”

Zhang Chen is angry and funny, Jobs is a businessman, in fact, the war between the two sides has just begun, Apple is undoubtedly in an offensive position in the field of patents, holding tens of thousands of expired or unexpired patents, looking carefully, you can always find some matrix infringing on Apple's patents, this is also the consistent trick of large companies to suppress startups, change a startup company with less abundant capital, the cost of a lawsuit alone can drag down the company.

And now Matrix's capital is strong enough, even if Tinder Source does not continue to invest, relying on Matrix alone, I will have a revenue of more than $60 million in less than a month after it was listed, and it is not impossible for an operating income of more than $1 billion in a fiscal year.

A company with a revenue of more than one billion US dollars, in this era, even if it cannot enter the world's top 500, is not much worse.

What's more, i's gross profit margin is more than 45%, and its net profit is also more than 27%.

If financial tax avoidance is adopted, the actual profit is at least more than 30%.

In other words, if Matrix goes public in a year, it will be a company with a market capitalization of nearly $3 billion, even at a 10x price-to-earnings ratio.

It's not much different from Apple's market capitalization.

With this kind of financial resources, when the time comes, it will be a lawsuit in which the public says that the public is justified and the mother is reasonable, and after a year or two, the two parties pay a large amount of legal fees, and finally settle.

And in the image war in the minds of consumers, now Matrix is in an absolutely dominant position, since the media posted the I patent and patent registration time held by Matrix, people with unclear brains can also understand that the advent of i has nothing to do with Apple.

The tougher Jobs behaved in the media, the more he confirmed the fact that large companies suppressed startups, which is undoubtedly extremely unfavorable to Apple, which relies on faith and feelings to survive.

What's more, the patent lawsuit has been fought for two years, and in terms of Apple's current situation, whether it can exist or not is two theories.

Zhang Chen was curious: "How much money is he going to pay?"

Bill Campbell shrugged, "Apple's offer is $500 million in cash plus $1 billion in stock to buy Matrix in full." Your Tinder Source will become Apple's largest shareholder, but Steve has only agreed to give you a board seat. How? Think about it?"

Zhang Chen raised his glass: "Bill, this joke is good." ”

Bill Campbell shook his head while wiping his beer glass with a rag: "I know that the sales of i are very good, a few days ago the media expected that you will achieve at least $500 million in revenue this year, but you only have this product now, and the homogeneous competition in the PC market will face great challenges in terms of profits and sales in a short period of time." And, with Apple's acquisition of Matrix up at least 30% and your earnings higher, it's not a deal worth considering in the slightest. ”

Zhang Chen took a sip of beer: "Bill, in the North American market this year, PC shipments will exceed six million units, of which PC opportunities below $1,000 will have a market share of 20%, and the proportion of PC shipments priced above $1,400 has declined, but there will still be more than 45%, and I's goal is to eat 22% of this market in this fiscal year, that is, more than 10% of the market share." Our sales target for this year is one billion dollars, 600,000 units. ”

Bill Campbell was stunned for a moment, frowned, and said carefully: "Zack, I admit that i has an absolute advantage in the PC market above $1400, but your indicator is still too aggressive, and the inventory cost and channel cost will crush you." I've seen too many startups that win a game and then get carried away and end up losing the whole season. ”

Zhang Chen smiled mysteriously: "Bill, if I say that our inventory cost is less than 2.5% of our overall cost, do you believe it or not?"

Bill Campbell looked at Zhang Chen like a fool, "Are you kidding?"

Zhang Chen shook his head slightly, and spit out two words from his mouth: "Online sales plus high turnover and zero inventory." ”

Bill Campbell put down his shiny wine glass and pressed his hands on the bar: "Dell, which is the best online direct sales now, has a daily sales volume of only $1.2 million, so you can't be higher than them, right?

The corners of Zhang Chen's mouth turned up slightly: "$1.5 million, this is our average number of online sales in the last ten days, one and a half million per day, and it is still increasing every day, and it is expected that by the end of this year, the sales sold through the Internet will increase to about $4 million." ”

"As for the zero inventory risk you mentioned," Zhang Chen paused, "Zero inventory is the result, not the cause, and now there is only one reason that restricts the sales of i, that is, production capacity, after our factory produces the product into quality inspection, it will be loaded and shipped to the United States on the same day, and the transit cycle at the port will not exceed 3 days, and it will be shipped to all parts of the United States." It is precisely because i is so sought-after that we can effortlessly achieve zero inventory, and of course, Cook has also contributed to the management of the supply chain, and this year his prize money is at least one million dollars. ”

Zhang Chen drank the beer in his cup: "We haven't announced our financial report yet, but there is no doubt that Matrix is now the world's largest Internet sales company, as for Dell... Zhang Chen smiled, "I've never regarded Dell as a real competitor. ”

"If I want to get Matrix to go public, even if I have a patent dispute with Apple, I can easily get more than 10 times the P/E, and now Steve Jobs wants to buy Matrix with our five or six times P/E, isn't it ridiculous?"

Bill Campbell was dumbfounded.

Bill Campbell shook his head incredulously: "It's hard to believe, how did you do all this, Matrix has only been around for more than half a year, right? If someone had told me before I knew you that a newly formed company would become a multi-billion dollar behemoth in just one thing, I would think he was a madman." ”

Zhang Chen pushed the beer glass to Bill Campbell, Bill took another glass from the beer keg, Zhang Chen took the wine glass and sucked the foam floating on it, "Bill, you can tell Jobs that if he can accept the two-share for share plan, I am willing to take out 35% of the stock to buy Apple, oh yes, I am much bigger than him, I can give the original Apple team two board seats, this offer is only valid for this month,"

Bill Campbell said helplessly: "Being caught between the two of you is the most unfortunate thing in my life." ”