Chapter 48: California Sunshine, Tailor-made
A day later, Phelan wasn't done.
Lin Yi won't wait, the New York Times, HSD Post, and Time Magazine have all browsed it. The news of the financial sector surprised him very much.
After the oil crisis, important indicators of the US stock market, Dow Jones and S&P, fell by almost 50% until recently rebounded sharply. But the Nasdaq, which he followed, fell to 55 after the crisis, and half of the companies went bankrupt. Until now, I haven't been able to recover!
Despite this, in the collapsed mine, Lin Yi still found a gold mine - Intel, the king of chips. It went public five years ago, and after this round of reshuffle, its market value is bleak and frozen. This 'dog's head gold' has great investment potential!
However, there is a problem, although the current Intel is of high quality and low price, Lin Yi only has 10 million Hong Kong dollars on hand. After being converted into dollars, the number has shrunk significantly, and it is less than 2 million!
Phelan came from a business family and spent another decade in the United States. Hearing Lin Yi's consultation, he found some information: "The U.S. stock market has been growing steadily since the Great Depression. Instead of investing in the stock market, it is better to start an electronics factory!
On the securities company's side, Lin Yi has already inquired. In the aftermath of the economic crisis, deleveraging was vigorously implemented to reduce risks in the financial markets. He couldn't borrow much money, and he wanted to be small and big, so it became a dream bubble.
Phelan's opinion helped him make up his mind: "In this way, it seems that entrepreneurship is more cost-effective. The personal computer market will definitely develop in a blowout, so let's choose it!"
In the information age, this is the time of day. And the time and place are right, and they are never inseparable.
California, located on the west coast of the United States. In the continental United States, it is the latest to see the sun. But the rising sun of the computer industry is the first to shine here.
Spring in New York is cold, and the trio are fully equipped. And after crossing the United States, I immediately felt that the weather in California was as friendly as an old friend!
As the airplane radio said: "Although it is the turn of winter and spring, due to the influence of the Mediterranean climate, the weather in California is very pleasant all year round." There is neither severe cold nor heat, making it very suitable for living. ”
In 1971, journalists named Silicon Valley. It has been widely circulated in electronic magazines. But Lin Yi was on the map, but he couldn't find it!
Phelan took the map and introduced it in detail: "Mountain View, Palo Alto, Sunnyvale, although they are only small towns, not comparable to San Francisco, but Stanford and the University of California, together with these small towns, surround the Santa Clara Canyon. ”
Lin Yi suddenly realized: "It turns out that this is Silicon Valley! Ferran, how long have you lived here, how can you be so familiar?"
Pointing to Stanford University, Phelan smiled brightly: "Except for the year of business, the undergraduate environmental protection major and the graduate chemistry major have been here for a total of seven years. ”
Xiang Yanghua on the side couldn't help but stick out her tongue: "I heard Fisher say that you also studied in high school in the United States." That's how I spent ten years here!"
Phelan couldn't help but sigh: "Anti-war marches, affirmative action movements, environmentalism, that's how I spent my youth. On the contrary, Hong Kong's economy has taken off, and there is no personal experience. ”
After hearing this, Lin Yi secretly rejoiced. Stanford University is the engine of Silicon Valley. He is so familiar with American culture, he is definitely a good partner!
After everyone discussed, they settled in Mountain View. The reason is very simple, the scientific and technological articles he read left an impression on Lin Yi.
Later, the mecca of science and technology is still relatively empty. The price is very reasonable, both for residential and office.
There is a villa with a sea view, and the three of them are in love at the same time. 6 bedrooms and 4 bathrooms, with an area of 360 square meters, and the monthly rent is only 800 US dollars.
Lin Yi felt that it was super cheap, but Phelan mocked: "It's really a meat eater! The annual rent is 10,000 US dollars, and those ordinary Americans work hard for a year." ”
From New York to San Francisco, while all are American, they span four time zones. Eastern Time, becomes Pacific Time. However, the three of them, some excited, some nostalgic, do not need jet lag.
The eagerness to start a business, Lin Yi is temporarily patient. Because there was one thing he had to do first.
He bought a postcard, wrote it with Sunflower, and sent it to relatives and friends. Along the way, Singapore, Egypt, Italy, Switzerland, France, the United Kingdom, the United States. Everywhere I go, I always have to send some postcards and local specialties back.
In addition to greetings, it is also to let people know about the current situation. Otherwise, some people may not feel at ease. He calculated the time, and the intimate photos of the Colosseum should have arrived in Hong Kong. I wonder how I will feel when I see it to my uncle?
After finishing their daily chores, they began to investigate their own business. This is the base of the electronics industry, and all kinds of information are like a sea of smoke. Those professional terms, Lin Yi was dizzy when he saw it.
Phelan is a workaholic, and he doesn't feel anything at all. However, after a quick glance, the original excitement turned into doubt.
"Boss, the speed of development of personal computers is really amazing. However, the current market is too narrow for enthusiasts! According to the data, it is estimated that this year's sales will be about 50,000 units, and each unit will earn $100, with a maximum market of 5 million!"
The subtext of the other party, Lin Yi immediately understood. Such a small market can't satisfy Phelan. I'm afraid that the conditions promised by the boss will be difficult to achieve. Perhaps, it's not as good as others doing it alone!
At this moment, his girlfriend Xiang Sunhua also expressed doubts: "The article says that IBM is a computer giant. But its main direction is large and medium-sized machines. Personal microcomputers, IBM has no enthusiasm, there is no product at all!"
The reality is like this, Lin Yi chose to compromise: "The market of 5 million really can't satisfy me." What's more, even if the product is launched, it will have to compete with the Cowherd Star. From now on, start looking for new goals!"
Again, the information was collected on a wider scale. As long as there is an 'electron', it is a target. Lin Yi's eyes turned rabbit red, and he couldn't help complaining in his heart: "The computer and the Internet, even if they don't appear, have already exploded in information!"
The three of them were poor, but unfortunately all kinds of proposals were ruthlessly rejected by Lin Yi. He turned on the TV, tuned into the news program, and said to the other two, "Don't read the information, relax first." Otherwise, the brain will be starved of oxygen!"
A piece of legal news caught Lin Yi's attention: "Bell Labs sued Arida Games last year for infringing their patents. Today, the parties reached an out-of-court settlement. However, although the compensation was as high as $400,000, Mr. Bell was not satisfied and threatened to appeal. ”
Found it, that's it! Lin Yi slapped his thigh hard.
Arcades, consoles, handhelds, PCs, networks, mobile phones, VR, the entire gaming era, he has experienced it all over. The video game industry is simply tailor-made for him!