Chapter 464: Don Valentine

Ren Zhengfei smiled and said: "This is not called a routine, this is called taking what you need!" ”

Pang Xuelin pondered for a moment and said with a smile: "Okay, then when I come back from the United States, let's discuss it at that time to see what price it is more appropriate to invest in Warwick!" ”

If he takes a stake in Warwick, then for Transwarp, the existence of Huawei is a very useful supplement, and Pang Xuelin is looking forward to what kind of height these two companies can go to when they join forces in the future.

"Okay, then it's decided!"

discussed with Ren Zhengfei about investing in Warwick, and the next topic between the two eased.

Talk about China's industrial development and the political and economic differences between China and the United States.

Time passed quickly, and the journey of more than ten hours passed in a flash.

At two o'clock local time, Dragonair's plane slowly landed at Los Angeles International Airport.

Pang Xuelin and Ren Zhengfei said goodbye at the airport, Pang Xuelin and Sun Yansheng transferred directly from Los Angeles International Airport to San Francisco, while Ren Zhengfei and they will stay in Los Angeles to participate in CTIA's International Wireless Communication Exhibition.

The San Francisco Bay Area is a metropolitan area in northern California on the west coast of the United States, with a land area of 18,040 square kilometers and a population of more than 7.6 million.

The San Francisco Bay Area is located around San Francisco Bay at the mouth of the lower Sacramento River, with a total of 101 towns and cities in 9 counties.

Major cities include San Francisco on the San Francisco Peninsula, Oakland in the east and San Jose in the south, and Silicon Valley, a world-famous high-tech R&D base, is located in the southern part of the Bay Area.

The main part of Silicon Valley is located in Santa Clara County at the southern tip of the San Francisco Peninsula and consists primarily of the county's 25-mile stretch of valley from Palo Alto to San Jose, the county capital.

The total scope of Silicon Valley generally includes parts of San Mateo County in the southwestern San Francisco Bay Area, such as Menlo Park, and parts of Alameda County in the eastern part of the San Francisco Bay Area. For example, Felimont.

In this era, Silicon Valley is the kingdom of the electronics industry and the computer industry, the pioneer and center of the world's high-tech innovation and development, the region's venture capital accounts for one-third of the total venture capital in the United States, and the number of computer companies in Silicon Valley has grown to about 1,500.

A century ago it was an orchard, but since the headquarters of high-tech companies such as Intel, Apple, Google, Facebook, and Yahoo have been here, many bustling towns have emerged.

In just a few decades, Silicon Valley has produced a large number of tech billionaires.

Silicon Valley's main location is characterized by the presence of some of the top U.S. universities with strong research capabilities nearby, mainly Stanford University and the University of California, Berkeley, as well as several other universities in the University of California system and Santa Clara University.

In addition to Intel, Apple, HP, Cisco, Nvidia, Oracle, Yahoo and other companies, in the next few years, Google, Facebook, Tesla and other large companies will be born here, integrating science, technology and production.

Sun Yansheng's Scober is located in San Jose, the capital of Santa Clara County in southern Silicon Valley.

In the next two days, Pang Xuelin, accompanied by Sun Yansheng, conducted a comprehensive inspection of Scooper.

Including the company's current financial situation, R&D environment, patent layout, overall technical level of scientific researchers, etc.

Overall, Scottber's impression of Pang Xuelin was similar to what he expected.

The level of the scientific research department as a whole is not very high, although it is much stronger than in China, but considering that this is Silicon Valley, the company's strength in the field of chip design can only be regarded as mediocre.

The only leading position is the accumulation in the field of MEPG-1 video compression technology, which has become dispensable because of the emergence of Transwarp Technology.

In addition, the overall management of the company is also relatively general, and the atmosphere is relatively relaxed.

Perhaps this also has something to do with Sun Yansheng's technical background, in the real world, Scooper made a lot of money in the era of China's VCD explosion by virtue of his monopoly position in the field of video decoding chips.

But in the age of the Internet, the company's business gradually fell into decline.

However, Pang Xuelin did not seem to be so disappointed, for him, the existence of Scober is just a bridgehead for Transwarp Technology to the European and American markets.

According to his plan, after the acquisition of Scoober, Scopper's chip R&D department will continue to exist as the North American division of Transwarp.

Of course, this is only a small part of Scottberg's role, and Scottber has a more important task to do.

It will set up a strong marketing department to be responsible for the promotion of Transwarp CVD throughout the North American market.

This kind of work is not easy to do, after all, the West is more copyright-conscious.

If Pang Xuelin wants to enter the U.S. market, he must first reach a series of cooperative relations with major Hollywood companies and obtain the corresponding film and television copyright authorizations in their hands before he can really show his strength.

The money and energy consumed in this should not be underestimated.

However, it is also worth it, as long as Transwarp's CVD products can be widely rolled out in the European and American markets, then any product of Transwarp Technology will have a stable sales channel in the future.

For Pang Xuelin, this is a business that is sure to make money without losing money.

Pang Xuelin stayed in San Francisco for nearly a week before he received a call from Benson Rafael.

Don Valentine was already waiting for him at an estate outside San Jose.

That morning, Pang Xuelin, accompanied by Sun Yansheng, took a ride straight to Valentine's Manor on the outskirts of San Francisco.

Originally built in 1865, the estate is surrounded by forests and greenery.

There are tennis courts and golf courses in the manor, and Pang Xuelin saw Don Valentine swinging his club on the golf course in front of the manor.

As the founder and principal of Sequoia Capital, Don Valentine is now in his early sixties.

He wasn't tall, less than 1.7 meters, which was quite short among white males.

The body is sideways, and it looks a little funny when it walks and swings.

But his eyes were very sharp, and when he saw Pang Xuelin for the first time, he took the initiative to greet him, stretched out his hand and smiled: "Mr. Pang, welcome to San Francisco!" ”

"Hello, Mr. Valentine!"

Pang Xuelin stretched out his hand and shook Valentine's hand with a smile.

The two of them came to the table and chairs next to them and sat down, and soon a waiter brought coffee drinks.

Valentine said with a smile: "Mr. Pang, I have heard your story, a genius boy, a small stock god in the Xiangjiang stock market, your star ring CVD is really a wonderful invention, I have one in my bedroom, I use this CVD every day to watch movies these days, it feels great!" ”

Pang Xuelin smiled and said, "Mr. Valentine, if you like it!" ”

Valentine laughed and said, "I'm not exaggerating in the slightest. I am very confident in this machine, and I believe that as long as I work hard to do it, this machine will soon be able to sweep the entire North American market and become popular in Europe. ”

"Oh, Mr. Valentine, you're so optimistic about Star Ring CVD?"

Pang Xuelin smiled slightly.

Valentine also looked at Pang Xuelin with a smile and said, "Of course, I am optimistic about Star Ring CVD, just as you are optimistic about Cisco!" ”

Pang Xuelin's eyes narrowed slightly, and he didn't answer.

Valentine said, "Mr. Pang, can you tell me why you're interested in Cisco?" ”

Pang Xuelin looked at the old man's eyes, pondered for a moment, and decided to tell the truth: "Mr. Valentine, in my opinion, the future is the world of the Internet, and now it is on the eve of the outbreak of the IT industry. With the step-by-step advancement of Microsoft, IBM, and Intel, we should soon be able to usher in the era of personal computers, and as a supplier of Internet infrastructure equipment. I don't think Cisco's prospects are going to be any worse. ”

Bang Bang Bang ......

Valentine laughed and clapped. said: "Mr. Pang, to put it well, you are the first Oriental I have ever met who has such a clear understanding of the Internet. ”

Pang Xuelin smiled and said, "Mr. Valentine, you have won the prize." ”

Valentine smiled: "Mr. Pang, since you think Cisco has such potential, is Cisco's stake just comparable to Transwarp?" ”

Pang Xuelin was not surprised by Valentine's question at all, and said: "Mr. Valentine, I think you also underestimate the value of Transwarp Technology. As an audio-visual equipment supplier, Transwarp Technology has a very complete patent layout and a strong technical foundation, it can be said that no matter which company wants to make CVD or DVD in the future, it is impossible to bypass Transwarp's control in patents! ”

Valentine's eyes narrowed slightly, and he turned his gaze to Benson Raphael, who was accompanying him.

Benson Raphael nodded.

Pang Xuelin paused and continued: "In the field of communications, Cisco has at least Ericsson, Nokia, Alcatel-Lucent and other competitors. But in the field of audio-visual entertainment, Transwarp basically has no opponents, perhaps, Cisco's market prospects are expected to be higher than Transwarp, but I think, if its earning ability, ten Cisco may not be able to beat my Xinhua Technology! ”

"Oh, so can you tell us about your profit model?"

Pang Xuelin laughed and said, "Mr. Valentine, do you think that if the Star Ring CVD is rolled out on a large scale in the United States, how much should the price be?" ”

Valentine pondered for a moment and said, "Let's start at $700!" ”

Pang Xuelin smiled: "Then do you know how much it costs to manufacture a Star Ring CVD?" ”

"How much does it cost to manufacture?"

Valentine stared at Pang Xuelindao.

Pang Xuelin stretched out a finger and said lightly: "$100!" ”

As the words fell, the entire golf course fell silent, except for the sound of the wind rustling the leaves.

Valentine and Benson Rafael couldn't help but look at each other, although they were very optimistic about the Star Ring CVD, and even estimated the cost of the Star Ring CVD, but the figures given by Pang Xuelin still far exceeded their expectations.

After a long time, Valentine laughed and said, "Young man, you are even better than I thought! ”

Pang Xuelin smiled faintly and did not answer.

Valentine said: "Mr. Pang, if you want Cisco's shares, I can give you, 50 million shares, equivalent to 10% of Cisco's shares, I have only one condition!" ”

"On what terms?"

Pang Xuelin said curiously.

Valentine said: "I want half of the profits of Transwarp's CVD/DVD products in the North American market in the next 10 years!" ”

Pang Xuelin couldn't help but be stunned, and then laughed, this old man, the asking price is really not low.

According to Pang Xuelin's estimates, the market for CVD and DVD in North America is about $15 to $2 billion per year, and the profit is $1 billion per year.

In the next 10 years, Valentine will take half of the net profit equivalent to $10 billion, that is, $5 billion.

If you don't know the market capitalization of Cisco in the future. For Pang Xuelin, this transaction is a bit tasteless, and it is a pity to abandon it.

But based on Cisco's market capitalization of $550 billion at its peak, 10% of the shares are equivalent to $55 billion.

In other words, Pang Xuelin exchanged Xinhua Technology's profit of 5 billion US dollars for eleven times the income.

Where to find such a business!

Of course, on the surface, Pang Xuelin naturally would not show such emotions.

He pondered for a moment and said, "Mr. Valentine, I need to think about this. The reason why I am optimistic about Cisco is because the market prospect of the Internet industry is there, but I am not sure where Cisco can go in the future. You're a bit of a lion! ”

Valentine smiled and said: "Okay, young man, I won't force you, so let's do it, I'll give you a week to think, if you agree, then we will start to officially cooperate in this business, if you don't agree, it doesn't matter, just make a friend!" ”

Pang Xuelin got up and said with a smile: "Mr. Valentine, then I'll disturb you today, I'll leave first, I'll wait for me to think about it in two days, and I'll give you an answer." ”

Valentine said: "Okay, there is no rush in this matter. ”

Then, Pang Xuelin said goodbye to Benson Raphael.

watched Pang Xuelin's figure disappear at the gate of the manor. Benson Rafael said, "Mr. Valentine, are we really going to transfer Cisco shares to him?" ”

Valentine said: "Although Cisco's prospects are good, in the past few years, the share has risen nearly 10 times, we have made enough, appropriately reduce some of the shares in Cisco, and invest it in a more profitable industry, why not?" ”

Benson Rafael pondered for a moment, nodded and said, "I see." ”

On the other side, as soon as Pang Xuelin and Sun Yansheng got in the car, Sun Yansheng couldn't wait to say: "Mr. Pang, Cisco's stock is really so valuable?" ”

Pang Xuelin smiled and said, "I'm just throwing stones to ask for directions." ”

Whether it is Cisco or Transwarp, it is just a way for Pang Xuelin to lay out the Internet industry in the future and use it to accumulate original funds.

For Pang Xuelin, the companies that really make money have not yet been established.

Google, Must Die, Baidu, Penguin, Taobao Empire......

These companies are the main force for him to make money in the future!

As for Warwick and Transwarp Technology, they are used to conquer the sea of stars!