Chapter 2 Is MP3 Still Fun?
On the first night of rebirth, Xia Yu lay on the bed that had become more familiar, and his heart was not calm.
Looking out of the window on the 15th floor, half a mile away the dilapidated factory building was overgrown with weeds, and the black and dilapidated buildings were strange and familiar.
Xia Yu knew that in two years, a group of buildings would grow on this factory again, and the canal on the other side would also be developed into a riverside landscape area, so that this area close to the Third Ring Road would soon become lively.
But since I went to the United States to study, I have been home too little. Even after returning to China, he mainly worked in Yanjing, and did not see the process of this plot that was once laughed at as "suburbs" prospering in a few years.
His mother's reminder made him suddenly realize the problem he had to face.
With the extra ten years of memory and experience, I can definitely mix better, after all, gold, stock markets and other big trends, as well as some information on technology investment can be used for reference, and I can avoid a lot of detours.
However, although there was no clear idea, Xia Yu subconsciously didn't want to repeat it.
He couldn't remember seeing a phrase from where you got all the game's guides, but you just wanted to beat the level. That's too boring.
In his previous life, Xia Yu almost had a smooth journey, but sacrificed most of his spare time. Fortunately, his girlfriend Zhang Xiao has never complained too much, the two have known each other since college and have been together for 5 years.
Zhang Xiao was not happy at work after returning to China, and Xia Yu was a workaholic, so he didn't go home when he was busy......
Xia Yu recalled in his mind the face that was barely smiling, but there was a faint loss in his eyes, and he really felt that he was a little too much.
But how can there be no tangle in work?
Most of the top investors in the VC circle are entrepreneurs, and although Xia Yu has a lot of halo, he has become the object of criticism from many people without this kind of qualifications. There is no way, this circle is still an era of word-of-mouth, just because this Xia Yu has been troubled and questioned by some veteran investors, and even affected the perception of some entrepreneurs.
Xia Yu has been thinking about this, thinking about when to start his own business, but he has never been able to make up his mind.
There are fewer opportunities, too many constraints, and not enough courage......
But it's 2004, isn't that the best opportunity? From the perspective of investors, the technology sector is simply full of gold at this time!
Tencent has just gone public, Baidu has not, Alibaba and JD.com are even more infancy;
Renren, Soufang, Vipshop, Youtu, and Weixin were not born one after another;
This is the Internet, and the more disruptive field of consumer electronics, which has changed dynasties in just a few years: the fallen Nokia, Motorola, the lost BlackBerry, Sony, and the rising Apple, Samsung, and even a piece of the pie Huawei, Xiaomi......
How many insiders and outsiders were shocked, and how many investors sighed!
Maybe you can change the way you play?
He didn't think that he would be able to be a BAT (Baidu, Alibaba, Tencent) level giant, this kind of company came into being at the right time, and it relied on the founder's decision and personal charm to carry it all the way to this point. Even with the vision advantage of rebirth, it will be difficult for them to fight against them once they are more realistic. But with ten years of experience and insight in this circle, it should be no problem to be a company that is okay, and who can say that I have no entrepreneurial experience at that time!
After thinking about it for a long time, Xia Yu finally calmed down.
First of all, the direction is not a problem; the start-up capital is a little troublesome, but it is not a big problem to discuss with the uncle who does business; it is easy to say that many entrepreneurs and entrepreneurs who are big bulls in the future should still be in the dormant period at this time, and it should not be too difficult to hook up with one or two by themselves......
I estimated in my heart: "My sister-in-law was too fooled before, and the first step is to persuade my parents to let me study in college in China......"
……
Early the next morning, Xia Yu decided to get up and run.
This is a new decision he has made. Whether it's to do something out of the business, or to enjoy life better, the body is too important. In my previous life, I came into contact with so many entrepreneurs, but few were in good health.
At this time, Xia Yu was in good health, and Xia Yu ran back and forth along the half-abandoned canal, ending at the Nanguan Bridge that turned into the city.
Along the way, there are occasional old people walking, boxing and singing, most of them are leisurely. There were rows of kapok by the river, and the flowering season had already passed, but many fiery memories flashed in his heart from time to time.
This one is about 5 kilometers round trip, it took half an hour, and I got home at exactly seven o'clock. The little sister was still sleeping, and his parents were out, so he went back to his room to turn on the computer and browse the news.
As an investor, Xia Yu has his own set of habitual working patterns for searching and sorting out information. Now it's just a simple look and no need to record and analyze, but he still quickly sorted out a lot of what he wanted.
Sure enough, as I remember, the venture capital market in 2004 was in a dark period.
After the bursting of the Internet bubble in the first two years, the domestic stock market gem is far away, and there are no good investment targets and exit channels in the market, so many VCs and PEs have a hard time or even collapse, and the whole is sad.
However, Xia Yu knows that in May this year, the China Securities Regulatory Commission made a formal reply and approval for the establishment of the small and medium-sized enterprise board on the Pengcheng Stock Exchange, ending the embarrassment that the exchange has not issued new shares for more than three years.
By 2005, with the official launch of the small and medium-sized board, the RMB investment funds positioned in the domestic market soon came back to life, and a number of US dollar funds such as Jingwei and KPCB also entered China.
Abundant capital and promising prospects led to the birth of a large number of Internet companies in 2005. 58.com, Qunar.com, Intranet, Qihoo 360, YY Voice, Douban.com, Tudou.com......
Many of these companies have grown into giants in their niches by a decade later. From the perspective of investors, the quality of this batch of companies is high, the vitality is strong, and the growth space is wide, even more than Sohu and NetEase in the 98 years of Internet enlightenment!
Well, if you want to do something yourself, then the time of the year becomes crucial.
……
At noon, Xia Mingde came to Xia Yu's house for dinner.
Today Chinese New Year's Eve three-year-old Xia Mingde is not married, his girlfriend has changed several times, and his life is very nourishing.
Xia Yu's grandfather died very early, and Xia Yu's father Xia Mingshun was seven years older than him. There is also a younger sister Xia Chunxia, who has just turned thirty, and now works in a top material real room in the United States, and it was this sister-in-law who came up with the idea to "fool" Xia Yu in her previous life to Stanford.
As soon as he entered the door, Xia Mingde put aside the fruit he was carrying: "Xiaoyu, are you feeling better?"
Before Xia Yu could answer, her sister Xia Lin came out of the room: "Uncle, I miss you so much, did you bring me the Walkman?"
I saw Xia Mingde take out a box from his bag and open it, it was a walkman launched by Panasonic not long ago, with rounded silver and white corners and a streamlined beauty. Instead of playing CDs, they broadcast tapes, but the body is not much larger than tapes, small and delicate.
Charlene's eyes lit up, and she snatched it and rushed back to the room to play.
At this time, Xia Yu also came over and said, "I've been fine for a long time, but I accidentally suffered from heat stroke, what has Uncle been busy with lately?"
Xia Mingde sat on the sofa and said, "Don't mention it, there is a bad thing on the stall, Xiaoyu, you will analyze it for me." ”
Maybe it's because the genes are good, and the Xia family is very smart.
Grandpa Xia Yu was one of the older batch of mechatronic researchers after the founding of the People's Republic of China, and he led a team to tackle some key projects aided by the Soviet Union's big brother, and the results were remarkable, but he fell ill in the cowshed a few years ago and passed away when he was not old.
Dad Xia Mingshun caught up with the college entrance examination a few years ago, and has been in the university system since graduation.
Xia Mingde has also been smart since he was a child, but he never went to college, he entered the factory early, and later came out to do a lot of business on his own. Now I have two factories and a few downtown stores, and the mix is quite good.
He has a detached temperament, he has no children, but he is very close to Xia Yu and Xia Lin.
Xia Yu is not a nerd either, the two can talk after more than ten years. Especially Xia Yu has a bright brain, and he loves to study computers and everything, and he chats with Xia Yu about business, even more than with his brother Xia Mingshun.
Policy, macroeconomy, 108,000 miles away from his business at this stage!
Xia Mingde poured himself a glass of water, and said: "Old cow, the cow is coming, remember, it turns out that the southern district is the one who made a fortune by engaging in a feed factory, and I don't know who fooled me that he also built a processing plant the year before last to assemble MP3." I must have made some money last year, but I can't go on now, so I have to give me this broken factory! You say I lack this factory?
Xia Yu was stunned when he heard this: "How large is the MP3 assembly plant?"
Yes, the first two years happened to be when the first batch of MP3s became popular, and Xia Yu also had one, but he didn't like it very much. 128MB, the size of a business card case, the key music effect is too poor, far less than Sony, Panasonic Walkman.
Xia Mingde said: "There are about 30 people in a processing workshop and an assembly line, and there are only two people who can pass the technology." Last year, I was able to make some money, but now I am purely losing money!"
Xia Yu really didn't know much about the specific situation of the MP3 industry at this time, after all, he didn't pay much attention to it. He knew that Uncle himself had two USB flash drive assembly factories in his hands, and the scale had also come up, so he should be able to make some money.
However, speaking of MP3, Xia Yu knows that with the rapid upgrade of chips from several major manufacturers, there will be four or five years of prosperity after the effect of listening to songs comes up.
This thing is really not complicated, and it is not much more difficult than a USB flash drive. The core is the main control decoding chip, flash memory chip, and then according to the design of the corresponding PCB board to assemble parts, all of which are sold ready-made.
Moreover, small factories also use universal design schemes, no need to open the mold, just do the assembly of parts, and an assembly line can produce finished products.
Thinking of this, Xia Yu's eyes lit up: "How is the strength of their assembly line?"
Xia Mingde said: "This thing is nothing, just a workbench, it doesn't cost much." He has a five-year contract for that piece of land, which is not expensive, and the technicians are of good quality, and there are a few veterans who have signed three-year contracts and have more than a year to expire."
Speaking of this, he couldn't help but sigh with emotion, "Lao Niu spent a little bit of thought at that time." ”
Well,Xia Yuke is really not clear about these things.,But thinking about it left and right, I still think it's a bit funny.,In the previous life, until 08 years,MP3、MP4 The market is still hot.。 Thinking of the Meizu ME and Patriot "Moonlight Treasure Box" that I am familiar with, as well as some classic models of iRiver and Samsung, I can't help but feel hot in my heart.
"By the way, uncle, you know through, how much do you think this factory is worth now?"
"250,000 yuan, the factory lease contract, equipment and those skilled technicians are worth this price at most. All other workers are on temporary contracts. ”
"How much is he going to pay, and when will it be decided?"
"300,000, it's stiff", Xia Mingde took a sip of water and said: "To be honest, the old cattle feed factory really can't spare money, and I'm not in a hurry to ask for it, the key is that I don't have a plan to expand the factory here, and it's hard to say whether I can sell it for 250,000 when I turn around." ”
Xia Yu's heart flashed for several years, and he spoke again: "Uncle, are you free in the afternoon?" I want to go with you to have a look. ”
Xia Mingde was also stunned, although he talked to Xia Yu about business, the main thing was that this kid did understand computer things, but he never saw him interested in real business and factories. What's wrong this time?
But it's nothing, he nodded: "Okay, it's hot this day, let's go over at five o'clock in the afternoon, I'll pick you up at four o'clock." ”
Xia Mingde didn't know that Xia Yu was really interested in business at this time.
With his temperament, since he decided to make something, he definitely couldn't wait for a day. He didn't figure out how to do it, but he had to take advantage of any opportunity he could try, exercise, and accumulate.
Besides, it's summer vacation at this time!