"I think paper media will fall into crisis as Internet technology deeply intervenes in society. However, portal websites that have been growing by absorbing traditional media will not be immune. It will just take a little longer to feel the impact than traditional media! Based on this judgment and its own In order to meet the international needs, Chenxing Network¡¯s branch in the United States needs to undergo a long transformation process from the outside to the inside!¡±
Song Chen¡¯s biggest advantage is his life experience and knowledge accumulation before his rebirth, which allows him to constantly reflect on the current status of various industries in the Internet era. However, in order to retaliate against the domestic media who were mass-rioting because of his immigration and even contributed to the flames, Song Chen irresponsibly gave them "eye drops".
Of course, whether it is eye medicine depends on the media's respective stance. If it is neutral or biased towards Song Chen, it will naturally interpret Song Chen's words as a judgment on the future trend of the media industry; if it is a malicious media, it will obviously He believed that Song Chen's words were "biased" and were groundless and even damning.
"Your words remind me of what you said in the recording of "Wealth Life". At that time, you believed that the technology industry would undergo major changes again in the future, so that Chenxing Group would have to start over. Is it understandable?"
"Yes, this is also the third point I want to make. I have made some achievements in software applications. Many innovative tools are as far away as Paypal, Baidu, and S; as close as Facebook and Twitter, they are all in my Appeared under the leadership of the leadership! To say without humility, although I am not a software talent. I have not written even one word of code, but I have enabled the backward Chinese Internet innovation industry to keep up with Silicon Valley, which has a more innovative atmosphere; I also came from Apple in the United States. We were inspired by the company's design aesthetics to create the iPod. We also embedded this concept of 'technology + fashion' into the institutional culture of Chenxing Technology!"
After saying these words, Song Chen shook his head first and said in a different tone: "However, since the computer revolution, the United States has always been the leader in Internet innovation. From physical rules to underlying technology, all are made by those extreme people who have the ideal to change the world. Customer-led. Then it will be tested by the business community, and after the survival of the fittest, standards will eventually be formed that are universally accepted around the world! There is a consensus in the business community: first-rate companies sell standards, second-rate companies sell brands, and third-rate companies sell products If I want If you want to make a further difference, you must stand at the forefront of this era. Tell them that I can also create first-class standards! Then, here is the question"
Song Chen turned his eyes again, looked at the camera with bright eyes and said in a deep voice: "Due to the continuation of the Cold War mentality, China has been prohibited from exporting technology by developed countries led by the United Kingdom and the United States. Any overseas mergers and acquisitions by the Chinese that involve sensitive technologies will inevitably be banned. The local government is wary! Two years ago, I invested in Arm because a well-connected investment bank lobbied on my behalf. Even so, as the second largest institutional holder of Arm, I do not have any seat on the board of directors. The outside world thinks that I am I invested in ARM as a financial investor, but they didn¡¯t know that I could double the value of ARM several times in the future with the same amount of money. If there was even a slight possibility that I would accept all kinds of questions from the British regulatory authorities for ARM¡¯s limited value licensing income? What if? It¡¯s not that the company was just a startup on paper at that time, otherwise this investment would have stopped in the U.S. Congress! Even if Elon Musk really invents a low-cost rocket, whether he can receive orders from his major customer NASA in the future is still a question! "Speaking of which. Song Chen's expression was very heavy, with a hint of regret.
¡¾Note: I looked back at the ARM investment case, and it started but ended, and the investment amount was not even explained. I guess there are still many mistakes and omissions, but considering the author's business knowledge there will be follow-up anyway. Therefore, I will still write about it in the next volume, so I will omit it here. ¡¿
After the collapse of the Soviet Union. As the last powerful country in the socialist camp, China's external environment is very bad. China's entry into the World Trade Organization has finally made global economicization enter an irreversible process. However, this process is inevitably subject to criticism from other countries.
The discrimination Song Chen encountered is the epitome of this country¡¯s external relations. But there is another truth that Song Chen dare not tell: Since the unification of China, there has always been a shuddering reality in this country, and that is the relationship between businessmen and politics.
Being involved in politics and becoming a red-top businessman has been the ultimate goal of businessmen since feudal society. However, businessmen who are involved in politics will eventually have to endure the victors and losers from political strife. Without being involved in politics, without the protective umbrella of politicians, not only Assets cannot be protected, and even one¡¯s own safety is in doubt.
In modern history, the ideology that originated from civil rights but was more centralized than the feudal era almost wiped out businessmen in the strict sense for a period of time As a conservative but sometimes radical businessman, this country with centralization is deeply rooted in its genes. There is never a safe soil for them to rely on, because this country does not have a crucial institutional guarantee: private property rights!
How difficult is the reality that even land only has the right to use it??Will businessmen trust the laws of this country to keep their property safe? In the long process of reform and opening up, there have been many corrupt officials and their children who immigrated, but most of them are middle-class families who are the backbone of the legal country. After all, the wealthy group is in the minority!
Although he admitted that what Song Chen said was reality, Yang Lan still asked calmly: "Since there is a possibility of losing local orders, why did Elon Musk agree to join with your funds?"
Song Chen glanced at her and said with a smile: "If Elon Musk chooses a general innovation project, Shashan Road [a famous venture capital street in the United States] will certainly be willing to talk to him, but as we all know, rocket research and development costs are very high. Expensive! Of course, being expensive is not a bad thing. It means extremely high barriers to entry. I am afraid that the money invested will be wasted. What is more terrifying than this is the uncertainty. It may take one or two years for the finished product to be released, or it may take ten years. It takes several years to achieve a breakthrough, and this process can scare away most investors!¡±
"Is this the only extent of my career? Of course not. There are still many things I have to do, some of which cannot be disclosed due to strategic confidentiality! But no matter what they are, they are all challenges to the existing interest structure. This This situation in the United States may be faced by deep-rooted plutocrats or wealthy families; but in our country, we are faced with vested interest groups that are more powerful than the plutocrats and wealthy families. People call it state capitalism, but the situation is worse than the actual situation. It¡¯s even more complicated Faced with the former, I can also try to use capital and political rules to engage in legal market competition. Faced with the latter, I have no other option but to compromise.¡±
At the end, Song Chen sighed: "It may be difficult to understand, but this is the truth. If I want to lead Chenxing Group to compete with the top multinational giants and win, I must put my heart and soul into it, instead of being tied up and having to compromise whenever I hit a landmine." Concession is not called an entrepreneur, that is called a politician!"
"So, is China Star Group still Chinese-owned? I heard that the shareholder institutions are all registered in tax havens?" Perhaps, this issue is what Yang Lan is most concerned about, and it is also the most critical topic of this interview program.
Song Chen suddenly said solemnly: "Besides some personal matters when I return to China this time, the most important thing is to clarify the capital structure of China Star Group! 'Is China Star Group the pride of the Chinese people?' Many people are concerned about this issue! Then I There is a reason to give you an answer here: China Chenxing Group is a Chinese company! As for why the registration place is in the Cayman Islands, the reason has been mentioned by Director Wang some time ago, so I will not repeat it! It is worth mentioning Yes, Chinese people have always had conservative rural sentiments. I am not, but my mother is! As the chairman of Nirvana Technology, although she will live with family members most of the time in the future, she decided not to change with me. Nationality, and even the place of rest has not changed, it is still in the beautiful place with beautiful mountains and clear waters in my hometown!"
"You mean that Ms. Li, Chairman Wang and others will continue to control China Star Group as Chinese, right?"
"Well, that's pretty much understandable." Song Chen smiled.
"Director Wang declared that most of the profits generated by China Star Group in the future will continue to be invested in the country. Is this true? If it is true, how much does this majority mean?"
¡°Approximately 75% of the annual profits will be used for the further development of China Star Group and the implementation of various welfare policies, and we promise to use 1% of the net profits every year to develop our own charities, including two in Dongou. Charity project!¡±
After receiving Song Chen's confirmation, Yang Lan seemed to nod with satisfaction, and then once again brought up a topic that people are very concerned about: "So how to understand the complicated relationship between China Chenxing Group and American Chenxing Group, a pair of 'brothers'?"
"You can see that in order to adapt to this country, I will spin off the company at the beginning, unless the business itself does not have content that makes the government embarrassed or wary, such as e-commerce! So within China, China Star Group There will be competition for their own interests, and maybe there will be a phenomenon of small hills in the future As long as it is not vicious competition, I think it can be observed!"
"From an international perspective, the business of China Star Group and American Star Group will not overlap due to my intervention. For example, Baidu focuses on China and completely hands over its international business to Google; China is the exclusive territory of Alipay, and PayPal There is no right to enter; the relationship between Twitter and Chenxing Weibo is also very different As for the international business of Alibaba Group and Chenxing Network and the plans for other subsidiaries in the future, there will be no divergence of interests in the short term! "(To be continued)