Chapter 18 Venture Capital Funds
IBM's PCs are also getting better and better, since the Kylin system, orders are pouring in like snowflakes, sales are rising, the original assembly plant capacity will soon not be able to meet the needs of the market, and the production plan is scheduled until the end of the year.
The original cloud-like PC turned into a gold mine in the blink of an eye, Estlic needless to say, it must have been smiling, and even Obel, who was a little unhappy with Bill's mother, was now happy every day, and the guilt in his heart didn't know where to go. Immediately, IBM, with high morale, continued to open more factories, and a large number of spare parts were continuously shipped to the workshop, and the output of PCs soared to 13,000 units per month within two months. IBM's strong attack soon attracted the attention of other microcomputer companies in the United States, and almost everyone rushed to tell each other that the monster was coming.
With the help of IBM's great development, VisualSystem also began to develop rapidly, accounting for the vast majority of the share of the operating system on the PC. During this period, Microsoft was not willing to give up so easily, and after half a year of brewing, it launched the second version of DOS in an attempt to counterattack. However, VisualSystem almost simultaneously launched an enhanced version of the Kylin system (Kylin 1.1), and with Joey's help, this version of the system was more powerful and stable, and Microsoft once again failed shamefully. The two successive failures made many people at Microsoft lose confidence in competing for dominance in the operating system, and even Allen began to waver, and Bill had no choice but to temporarily give up his efforts on the operating system and try to find a new breakthrough.
Joy joined VisualSystem and soon got into a working state, and the company's business situation gradually got on the right track, Zhang Lexing no longer needed to be as busy as before, and he was tired like a dog, and he began to have some free time, and at this time the June World Cup also came.
This year's World Cup was held in Spain in Europe, and it was also the first time to expand the army to 24 teams, although the United States at this time was still a football desert, but it did not affect Zhang Lexing to get the news about the World Cup in time, and more importantly, some bookmakers have opened a handicap about the World Cup. This year's World Cup is the one that Zhang Lexing remembers most clearly before 98 years, VisualSystem is doing very well, and the monthly income is also rising, but Zhang Lexing has a lot of ideas that he wants to implement immediately, such as setting up a venture capital fund, which requires money, and Zhang Lexing is unwilling to affect the normal operation of VisualSystem, after all, the company is still a start-up, so this World Cup is a good opportunity.
Zhang Lexing originally made a lot of money on his first software, VisualForm, but later basically invested in VisualSystem and Kunpeng Animation in Hong Kong, and the money left in his hand was enough to meet the worry-free life in the United States in the past few years. Fortunately, these two companies are more competitive, and at the end of last year, a lot of dividends were paid, Zhang Lexing took stock of the money he had in hand, in addition to basic living expenses, he should still have 9 million US dollars to use.
Open an account, made a few phone calls, Zhang Lexing quickly got the number of games to be betted, although he remembered the results of all the games, but this time only pressed a few key games, all the pressure is very cool, and the money is very fast, but it is too ostentatious, all say that the tree is a big move, and it is better to be low-key if Zhang Lexing is a person who has no foundation.
In the opening match of Belgium against Argentina on June 13, Zhang Lexing pressed more than 1 million US dollars for Belgium to win, and Belgium really defeated Argentina 1-0, and as a result, according to the handicap of 1 to 9, Zhang Lexing won more than 10 million at once. The same was true in the days that followed, and several key games were as Zhang Lexing expected, and in this way until the end of the World Cup, the lucky Zhang Lexing finally earned more than $70 million.
The first thing Zhang Lexing did when he got rich was to set up a Red River Venture Capital Fund with 50 million US dollars, and the management of the fund naturally had professionals to deal with it, Zhang Lexing actually just hoped to invest in some promising technologies or companies, and now is the period of great development of IT technology, Zhang Lexing also hopes to get a piece of the pie and make more reserves for his future. After the establishment of the Red River Fund, Zhang Lexing chose his primary target, Adobe, which is the future overlord of the electronic publishing industry, and Zhang Lexing remembers that this company seems to have been established this year.
handed over the matter of looking for Adobe to the investigation company, but a week passed and he didn't find it, Zhang Lexing began to play drums in his heart, maybe he remembered the wrong time. Fortunately, Zhang Lexing still remembered that John Warlock was one of the founders of Adobe and had worked at Xerox before, so he asked the investigation company to change its target and search again, and this time it was very fast, and in less than three days, people were found.
At this time, John Warlock had left Xerox and was starting a business with his old boss Charles, trying to combine workstations and printers into one product to sell to users, but unfortunately it has not achieved much success, and it is a good time to invest.
Just do it, Zhang Lexing told Yang Xinxin a few days off and went with Anderson, the investment manager of his fund. When Zhang Lexing appeared in front of John and Charles with Anderson, the two guys were still thinking about the future development.
"Mr. John, Mr. Charles, I heard that you have developed a print control language called Interpress. Zhang Lexing asked.
"That's right. John Warlock proudly replied, "It's a device-agnostic print control language, and I'm sure it will be used for a wide range of purposes in the future." ”
Of course, Zhang Lexing knew how popular this thing would be in the future, so he immediately followed the conversation, relying on some technical information about the printing control language left in his memory, Zhang Lexing successfully chatted with these two guys, what data storage methods, what mixed processing of text and images, and so on. After this chat, Warlock and Charles immediately became more interested, and they pulled Zhang Lexing to talk more and more, and the relationship between the two sides became much closer.
After chatting and chatting, Zhang Lexing felt that the goods in his stomach had almost dropped, and it was estimated that he would be ugly if he went down, so he slowly turned the topic to the company's operation, but Wallock felt it more deeply and began to pour bitter water. At this time, laser printers were still very expensive, and they were generally embarrassed to buy them without $20,000, and Warlock and Charles's idea was to combine workstations and printers into one product to sell, but they didn't expect the competition to be so fierce, and this year alone, there were six new companies planning to make the same product, and they all had more money than them, so they didn't know where to go now.
"You could consider selling graphics software to computer companies, designing Interpress print controllers, and selling Interpress fonts. Zhang Lexing suggested that this was not an idea he had come up with, in fact, if he didn't put forward this idea, the two brothers in front of him would develop in this direction sooner or later, so why not do it.
"We also thought about it, but unfortunately, due to the mistakes in the early stage, we are now very financially tight, and we no longer have enough funds to develop new products. Volok sighed, "Ah......"
"Gentlemen, I don't think that's a problem anymore. Zhang Lexing said with a smile.
"Could it be that you're here for an investment? I wonder what the conditions are?" Warlock's eyes lit up, and he asked eagerly, as if the financial pressure had made it impossible for him to remain reserved.
"We are here because we are very optimistic about the development prospects of your technology, if you can accept it, I will invest in your technology, of course, we must have a reasonable share, but we will not dictate your daily operations. Of course, we have an additional condition, VisualSystem will set up an application technology research institute in the future, and I hope that you will set aside some time to give some guidance on graphics processing technology. ”
This request was not excessive, and Warlock and Charles briefly exchanged ideas for a while, and both nodded in agreement with Zhang Lexing's request. After careful negotiations, the two sides reached an agreement that the Red River Fund would invest $8 million to set up a new company for Warlock and Charles, and according to the amount of capital contribution, the Red River Fund would own 75% of the equity in the new company, but would not interfere in the company's daily operations, and of course, the exit method of the Red River Fund after the company's IPO in the future. In early September, Warlock and Charles formed a new company called Adobe, but now Interpress has changed its name to Postscipt.
After finalizing the holding agreement of Adobe, Zhang Lexing began to pursue the next target, the future database giant Oracle. It took several weeks to find a company called Oracle, and the investigator was still more clever, mentioning a small company called RSI at the end of the report, which sells a database product called Oracle.
Zhang Lexing didn't know whether RSI was the future Oracle company, so he could only ask the investigation company to investigate the company in detail, and soon the new investigation report was sent to Zhang Lexing. RSI was founded in 1977 under the name SDL until 1979. The company is mainly engaged in the research of relational databases, but the current development of the company is not ideal.
Although RSI has listed the CIA and the Naval Intelligence Agency, these two big ones, but due to the launch of the second version of Oracle Bugs, these two users are about to become RSI's obligatory fault finders. By the time RTI, a competitor from the University of Berkeley, had already won over users with its better-performing, higher-quality Ingres database. In order to maintain its leading position, RSI had to speed up the development of a new version of the database, but it encountered financial difficulties, and could not even afford a new development machine, and even chose the C compiler to do the development not to improve portability, but mainly to save money. At this time, the RSI company can be said to be stormy, and it may face the danger of bankruptcy at any time.
Now the timing was quite good, so Zhang Lexing came to RSI with the negotiators. Ellison didn't want anyone to inject capital into the shares for the time being, and wanted to hold on a little longer, but the increasing pressure from competitors and development difficulties finally made Ellison choose to compromise. Of course, the old fox did not forget to fight for greater interests, and in the end, Zhang Lexing still planned to pay more than $3 million to exchange for 20% of the shares of RSI, but the corresponding RSI company also promised to develop database software on the operating system of VisualSystem in the future.
RSI, which received the capital injection, quickly took action, and finally completed the third version of Oracle the next year, claiming to have good portability, connectivity and compatibility, and at the same time, RSI changed its name to the company's product Oracle as the new company name, it seems that Zhang Lexing's choice was right.
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