Although Chen Wenhao's request to buy shares was rejected by Chen Wenhao, Jim didn't feel embarrassed, he didn't have much expectations, and he just had two shots with dates and no dates. Pen? Interesting? Pavilion wWw. ｂiquge。 info He came to visit this time for another purpose.

Jim straightened his collar and sat up straight, "Chen, I've seen your new product, it's so cool. I have a presumptuous request that you consider considering our friendship. ”

It's an emotional game! Chen Wenhao made a gesture to continue, his original guess was that Jim wanted to invest in Pangu Company or even the Infinite Future parent company, if it was a request for shares, he would definitely not agree, he had also made his attitude clear before, but looking at Jim's meaning, what he was going to say next was the real purpose of this trip.

"Chen, you should know about Dahe Company, right?" Jim started with a question.

Chen Wenhao is ready to enter the drone market, so he naturally has some understanding of the market situation. The field of drones is an emerging and hot industry. In the past year, more than 900,000 consumer drones have been sold worldwide, with sales exceeding $7 billion, maintaining a growth rate of 50%. Chinese companies are an important part of the industry. At present, there are about 400 drone manufacturers in China, supplying 70% of the global drone demand market.

Among them, Dahe company is the leader of the consumer drone market, in the consumer drone market between $400 and $1,500, Dahe company occupies 75% of the global market share, ranking first. As long as you have some understanding of the drone market, you should have heard of the name of Dahe.

Jim doesn't ask such questions to get an answer like "knowing". Chen Wenhao didn't want to go around in circles anymore, so he asked directly, "Accel has an investment in Dahe?" ”

"In fact, just last month, Accel and Dahe reached a new round of investment agreement, with an investment of 70 million US dollars, including the 40 million US dollars invested last year, which is an important customer of Accel." Jim smiled wryly, "If your product trailer had come out earlier, Accel would have revisited the investment." ”

Jim pointed to the drone that was already on the table, "All the similar products on the market are not competitive compared to it, and such a product is like crossing an era." Jim looked at Chen Wenhao with burning eyes, "What is the price of this product?" ”

"The price in China is 9,000 yuan, and the overseas price is 1,499 US dollars."

Hearing the answer, Jim silently breathed a sigh of relief, this pricing is the high-end route of consumer drones. Taking the domestic consumer drone market as an example, drones below 2500 yuan are low-end products, which are basically products of small factories, with uneven performance and quality; UAVs priced between 2,500 yuan and 5,000 yuan are the main products with the best sales; Between 5,000 yuan and 8,000 yuan, it is a high-end product, which is generally purchased by digital enthusiasts with high performance requirements; 8,000 yuan is a high-end product.

Jim was blown away by the new drone when he tried it out, and in his opinion, with this product, it can completely sweep the market. If the pricing is a little lower, the other products will not survive. Today's positioning, at least the low-end market is set aside.

Jim rambled on other things for a while before making a formal request, Accel wanted to promote the cooperation between Dahe and Infinite Future. Of course, this is a more euphemistic statement, Accel has invested more than 100 million US dollars in Dahe Company, but after seeing the drone products of Infinite Future, there is a worry that there will be no return. It just so happened that Accel was able to get involved with Chen Wenhao because of his shareholding in Kamodo, so he naturally had to work hard to preserve the value of his funds.

"Cooperation? I don't see common ground in cooperation. I remember that in the venture capital industry, the valuation of Dahe is close to 10 billion US dollars. Compared with Dahe, our drone business is just getting started. Chen Wenhao is not interested in Dahe, he has the confidence of alien technology, and he has sufficient funds, and he is not afraid of normal business competition, just because others should be afraid of him.

In fact, Chen Wenhao set the price of selfie drones so high, precisely because he didn't want to rely on alien technology to hit the domestic drone industry into a depression. Therefore, he avoided the low-end range, and it is also the area where domestic drone manufacturers are concentrated, and only focuses on high-end products with the highest technology content and the highest profits.

Jim hesitated for a moment before he spoke, "I mean, is your company considering supplying this new type of battery to DJI?" ”

Chen Wenhao smiled, "Mr. Jim, this request of yours is to let me provide an exclusive 'secret weapon' to my competitors. Do you think this request is reasonable? ”

Jim tried to explain, "It's a bit of a presumptuous request. But the new battery is an invention that can change countless industries, don't you want to let it meet everyone as soon as possible? With the shipment of Dahe products, if the supply of this new type of battery can be obtained, it will play a great role in promoting the output of the factory. ”

"In addition, Dahe has established a relatively complete drone sales network around the world, and if your company needs it, you can share these resources, which can be used as a formal part of the new battery supply contract."

Chen Wenhao shook his hand and stopped Jim, who still wanted to talk more, "Great proposal, but I want to know, is this Accel's idea, or is it the proposal of Dahe's management?" "In order to improve the success rate of investment, it is normal for venture capital institutions to help their invested companies seek resources and cooperation, but it is rumored in the industry that the leader of Dahe is a person who is very tough and has a strong desire to control.

"I think Mr. Jim should have a good communication with Dahe. In fact, the production of this new type of battery is still very limited, and for the time being, it will only be enough to meet our internal needs. Therefore, even if you want to cooperate, you don't need to rush for a while. "Lao Li, the director of the battery factory, has just come to report that he is organizing forces to carry out technical research and give full play to the inherent potential of the technical solution. Prior to this, Chen Wenhao did not plan to expand the scale of production for the time being.

Jim and Chen Wenhao chatted for a while, and soon left, probably in a hurry to communicate with Dahe's management. After all, the investment of more than 100 million dollars is enough for him to attach so much importance to it.

A few days later, Jim called from Pengcheng in a somewhat frustrated tone, "Chen, Dahe's management rejected my suggestion. The only thing I can pray for now is that your products don't get involved in low-to-mid-range models. ”

Although Accel invested more than $100 million, it entered too late and its shareholding was low. As the current No. 1 in the industry, Dahe has more venture capital funds that want to invest in it. It is said that its founder came from a wealthy family, and he did not give venture capital institutions the opportunity to pick up cheap at all, and even the veteran who started a business with him received a very low proportion of equity. In this case, the management team headed by the founder must have a strong voice.

Listening to Jim, Accel is considering selling part of Dahe's equity. Of course, these are beyond Chen Wenhao's concern. As an episode, when Infinite Future was about to launch a drone, it only caused a little ripple, and it quickly returned to calm.

What Chen Wenhao didn't know was that Jim held a board meeting after returning to the United States, detailing the feelings of trying out the new products in the infinite future, and made it clear that once launched, the drone industry will be stirred up by it, and it is inevitable that Dahe's top position will be difficult to maintain, and it is wiser to take advantage of the current gap to recover a little loss. (To be continued.) )