Chapter Seventy-Two: Zhihu? Quora! (Ask for follow-up)
With the previous conversation with Zhou Xin, when Wu Shiqiang stepped on the flight back, he had a kind of pride in his heart, "I will go to Guanshan for thousands of miles, and I will definitely live up to the hope of rising clouds".
This kind of foreign capital to help China's technology poverty alleviation, apart from emerging investment, which other investment institutions will do?
The most critical point here is that even if the investment manager of foreign capital is Chinese, it is impossible for them to invest in companies with no or little returns due to performance appraisal and personal interests.
But Zhou Xin is different, Zhou Xin is behind Xinxing Capital, and Zhou Xin's strategic design leads to Xinxing Investment being the only company willing to do this.
For fear that their rate of return is too high, can there be a second company that wants to lower the rate of return by investing in integrated circuits and basic computer technology?
Even the state-owned investment institutions of later generations, unless they are policy funds, are absolutely income-oriented.
Therefore, after returning to China, Wu Shiqiang used various connections, including his family, his classmates and friends, etc., to chat with some people who do angel investment, trying to ask them if they know which integrated circuit companies are doing better and are short of money.
Although they will not invest now, they are now in the project reserve stage.
"Shiqiang, the domestic integrated circuit enterprises are too far from foreign countries, and we have never considered investing in companies in this field.
And you must know that in the field of integrated circuits, the country is mainly playing, and we can't even make a splash with this amount of money.
Like Hua Hong Semiconductor, China Resources Microelectronics. Changdian Technology These are state-owned enterprises, they are not bad for money, and the other party will not accept your investment if you want to invest. ”
In 1995, Huaguo carried out a 909 project, which was called: "Construction of large-scale integrated circuit chip production line", mainly to speed up the development of Huaguo's integrated circuit industry.
It is worth mentioning here that China Resources Semiconductor relied on Neon's NEC company to provide 0.35 micron technology transfer for the eight-inch whole factory, and achieved profitability in 2000.
In the early days, Huaguo has always been state-owned capital in the integrated circuit, including the introduction of foreign technology, wafer factories and so on.
The 909 project was preceded by the 908 project, which invested 1.5 billion RMB, 1.5 billion RMB in 1990, for the construction of Huajing Electronics' 6-inch wafer factory.
As a result, it took two years to approve the funding, and three years to demonstrate whether to introduce AT&T's 0.9-micron integrated circuit manufacturing technology.
After the completion of the wafer factory, the gap between the final products of the 908 project and the international equivalent products has widened, and the products are completely uncompetitive.
It was not until 2000 that Huaguo realized that it was not possible to rely on state-owned enterprises, and it had been relying on state-owned capital for 20 years to carry out unified construction, but no good results were achieved, and then relevant industrial policies were introduced to encourage and guide private capital and foreign capital to enter the field of integrated circuits.
It's 1999, and without policies, industrial capital can't play this field at all.
"Databases? Operating system?
Are you an investment institution or a research fund?
The operating system is better, because of Bill Gates, there are still companies engaged in operating systems in China, and there is still a market for operating systems based on Linux kernels.
Not long ago, didn't the surfing software make a XteamLinux out?,I went to see it at the time.,This thing is not much different from Linux.,It's just a different skin.。
Domestic companies want to rely on the Linux kernel to build their own operating system and become the next Microsoft.
Not long ago, Huaguo Computer Company and the Institute of Computer Science of the Chinese Academy of Sciences jointly established a company called Kylin, which also plans to build a Kylin operating system.
But when it comes to databases, there are no companies planning to do it, and basically universities and research institutes are doing it.
To put it bluntly, the operating system for personal use, the requirements for security and data stability are not so high, and the experience is domestic, and it is good to support domestic production.
But the database is different, this is used by large enterprises, they have high requirements for data stability, and domestic databases have no room to survive.
The first-mover advantage of Oracle and IBM is too great. ”
"If you want me to say, your emerging investment is backed by Zhou Xin, and Zhou Xin, as a ghost in the Internet industry, won't it be the end of investing in the Internet?
Or is it that you kid makes up your own mind and always thinks of something unrealistic. ”
Wu Shiqiang found one of his classmates, a science graduate student, who worked in the Chinese Academy of Sciences for a period of time, and then went to a foreign-funded institution as an investment manager.
......
As a ghost talent in the Internet industry, Zhou Xin is planning the launch of new products.
When he participated in ISSCC two months ago, Zhou Xin added the email addresses of many experts in the field of integrated circuits.
During this time, in addition to work, most of his energy was spent reading papers in the field of integrated circuits, and when he saw the name he knew, he sent an email to express his views.
This is also a familiar face in a sense.
After the new product was launched, he immediately sent sincere emails to these big bulls one by one.
The first letter was for Hu Zhengming.
"Professor, this is a new product I have developed, focusing on helping you solve problems in academics, life and even more fields, this is a knowledge quiz community, I sincerely invite you to join."
Of course, Zhou Xin not only found a big star in the field of integrated circuits, but also Bill Gates.
How rare an opportunity to ask Bill Gates questions directly.
Bill Gates is the biggest gimmick of this trivia community.
It's just that Bill Gates has to stay behind, and after the accumulation of users reaches a certain level, Bill Gates will detonate this product to achieve the purpose of fission in the number of users.
Robin also received an email inviting him to use the Q&A community.
"A trivia community? This is another concept newly created by Newman.
I'm going to have to take a good look at what's new in this product. ”
Robin's Baidu is under development, and Baidu has received a $2.6 million investment from Zhou Xin at a valuation of $8 million.
With this investment, Robin quickly left his job and began to recruit his classmates and friends.
They work more than ten hours a day to develop Baidu.
Only during the day, Robin routinely checks his mail.
“Quora?
And do I need to register with my real name? ”
Robin enters the verification code sent to him by Zhouxin's email on Quora before he can sign up for an account.
And the account registration needs to provide his real information.
Once he signed up, Robin uploaded a photo of himself and started browsing the community.
Quora is not divided into sections, it is divided into topics, including technology, business, culture, politics, history, and so on.
Behind each theme is an interest button, and Robin picks up topics such as technology, business, politics, and history.
The first question is:
"What is Quora?"
After Robin clicked in, he saw that there was a new avatar of Zhou Xin, and the user with the ID Newman Zhou replied.