There is a proverb in the United States that economists study the past, while entrepreneurs explore the future.

It took Li Jiaming, who studied both the past and the 'exploratory' future, to finally hand over his thesis to Professor Spencer, which made the university scholar suspicious.

The paper is beautiful, and the mathematical model is beautiful, but after reading it, he vaguely feels that he is a student who first determines a given future, and then looks for evidence in reality. However, the logic of the paper is meticulous and the derivation process is meticulous, and Professor Spencer cannot help but overturn his own assumptions. Maybe it's the inspiration that the guy finds in his daily life, and then researches and deduces it to find several possible scenarios in the future.

Talented!

Professor Spencer was very satisfied by combining the Internet with the traditional emotional economy, using the early BBS, the popular software in North America, and the popular QQ software application data in China as an argument to put forward the new concept of 'social networking service' and look forward to its development prospects. There are many talents who do research in the school, but there are very few talents who can successfully combine research and exploration!

After reading this very important paper, Professor Spencer nodded with satisfaction, took a sip of cold coffee, and called Li Jiaming, who was in the library. How much time does it take for this paper on the table to collect a lot of data, build a lot of mathematical models, exclude a lot of possibilities, and finally establish the biggest possibilities and then summarize them?

Li Jiaming did not dare to slack off at the call of the mentor, so he hurriedly picked up his schoolbag and rode to the office building. Unexpectedly, the professor didn't talk to him about literature, but asked him why he was so idle?

Li Jiaming, who felt that he couldn't be busy, was stunned and joked: "Professor, I am the boss, not the CEO."

"But I heard that your company is the chairman of the board of directors, not the CEO. ”

What do you mean? The calm Li Jiaming glanced at the paper on the table and suddenly realized. In a country like the United States, which has a well-established integrity system, the most taboo is plagiarism. Six months is not a short time but it is not a long time, and it is difficult to write an ultra-long paper of nearly 200,000 words on your own, and it involves so much data and mathematical models.

"Professor, our company belongs to the neutralization of the chairman responsibility system and the CEO responsibility system. I make decisions, my partners execute, and if there are any problems, they will solve them by themselves, I just need results. ”

Professor Spencer pointed to the paper in his hand and asked, "So, your paper is also like this, you provide ideas and draw final conclusions, and the rest is done by someone else for you?"

Professor Spencer was old, and Li Jiaming was not young, so he immediately argued: "No, I just hired two or three assistants to help me collect data, make mathematical models, and then I deduce based on their models, and finally make conclusions." Professor, I'm different from Tony, they need scholarships, loans to pay for tuition, and they also need to work to earn living expenses. ”

Oh, this kid set up a research group at his own expense, and the professor who suddenly realized nodded with satisfaction and signaled that he could go. However, as soon as Li Jiaming walked to the door, Professor Spencer called him back and hesitated: "Ming, although I am the dean of the business school, I don't know the specific operation of the company. Is your HH company in trouble?"

Although Kle negotiated a share with the major record companies, netizens stored too much free music in their hands, and unscrupulous IT men came up with free software to convert music formats, resulting in poor sales on the iTunes Store, and the sales of the iPod 3 were much lower than expected. Under the effect of two factors, the company's valuation has been declining, forcing Li Jiaming to add collateral again.

"Thank you professor for your concern, the problem is not very big. ”

"Really?"

The two sides have different cultures, and Li Jiaming can't guess what the professor wants to say, but he knows that as a famous economist, he has a strong consortium background. The United States is a money-oriented country, perhaps the California consortium of professors as advisers intends to cooperate with him, or perhaps it is purely concerned about himself, in either case, Li Jiaming feels that he must show his strength.

"The company is only part of my business, and I mortgage my equity to the banks just because the bank interest rates in the United States are much lower than in our country. ”

There is often a huge difference between theory and practice, or perhaps this kid doesn't have the energy to do social networking, Professor Spencer nodded undeniably. Li Jiaming didn't ask what the reason was, and left.

Out of the office building, Li Jiaming did not go back to the library but rode to the company. He wasn't as laid-back as Professor Spencer thought he was, except that he was used to being methodical and seemed to be idle.

The company is in a decent situation, and although the iPod3 is not selling as much as expected, it still occupies 31.71% of the market share of its similar products. In the case of similar performance, it can still occupy such a large market share, which proves that the iPod brand has stood up and become the No.1 in the field of digital music players.

Sales on music sites are still not good, but they're good. Since Congress passed the legislation, the iTunesStore, which was the first to obtain authorization from major record companies, has become the only choice for netizens and is becoming a hen that lays golden eggs. Although the major record companies must license those music sites because of the law, how can the major record companies that have tasted the sweetness be willing to give in easily? If we follow the precedent of the iTunes Store, how many of those music sites can afford to pay hundreds of millions of dollars in royalty advances?

What's more, Robert and they are pushing for congressional legislation to make online copyright of musical works exclusive. If they succeed, there will be a lot of small music sites that will go out of business.

Now is not the same as before, the Internet bubble burst, 911 has worsened, investors are holding their wallets tightly, and those music websites are not ordinary difficulties. If they can't find the financier, I'm afraid that sooner or later they will face the end of being acquired or going bankrupt.

Now the digital music player market has been carved up by seven or eight manufacturers such as HH, Apple, Son and the emerging Charm, and these manufacturers are members of the MP4 Standards Alliance.

This is also Li Jiaming's confidence, one step ahead of the market is a madman, but if this madman can carry half a step ahead, a madman is a genius. Three years ahead of its peers in the field of digital music sales, iTunesStore has become a standout, as long as it does not make fatal mistakes, this hegemony is a certainty.

However, when he and Yang Zhiyuan were having lunch, they listened to several young people next to him talking about their business plans, and suddenly thought of the commercial value of his paper. Probably, most likely, Professor Spencer asked himself if his company was running into problems, just to know if his company was not developing commercially because of financial problems.

So why didn't he remind himself?

The suspicious Li Jiaming finished lunch, called the water boy in San Francisco, and then returned to the company, the company's financial resources have been used to the limit, and there may be problems with remortgaging equity, Ahoo is full of cash flow, and the two have also reached an intentional agreement to cooperate before.

This is not the key, the key is that Li Jiaming wants to tie his small gang and this old friend more closely. It is too difficult for the Chinese in the United States, and there are Chinese faces everywhere in Silicon Valley, but there are not many who can really get ahead, but those who are Indians who have reached the top of the company abound. It is impossible for Li Jiaming himself to become a naturalized citizen, but it is of great benefit to improve the status of his compatriots by winning over a vote of Chinese Americans and creating an Internet giant company, and he can also get enough benefits from it.

As for calling Shui Tsai, in addition to brotherly feelings, what is more important is that Shui Tsai is not a banana man like Yang Zhiyuan, it is a Yangcheng boy with red seedlings, and almost all of his team are yellow faces except for the embellished whites.

Regardless of whether he/she has the ability to do it, whether he can make the social network the same step as the Chinese son-in-law, at least he can take the opportunity to send the company to the public and create a large number of Chinese billionaires. These people have enough capital, and they may be able to lead fellow villagers and classmates to pull classmates, and then create a batch of Internet companies.