Life in the world of film and television

Chapter 4

Time flies, more than ten days have passed, these days the two of them live like glue, it is very sweet.

Especially Wu Fei, her face was rosy, and her whole face was radiant, as if she had returned to her girlhood.

The temper is getting better and better, and the person is becoming more and more gentle.

In reality, Li Mu, who is being severely beaten by the society, has never experienced such an occasion, and he is still so beautiful and elegant.

Fortunately, the work did not fall behind, and everything went smoothly, even exceeding expectations.

As the virtual currency continues to heat up, a large amount of capital has poured in. The BTC plate is large enough, and it has only increased by about 40%. Many of the second-class cryptocurrencies with smaller plates have doubled, and some even doubled. several times.

The several cryptocurrencies held by Li Mu also nearly tripled on average. They were originally worth 132 million U.S. dollars and are now worth 385 million U.S. dollars.

Subtracting $99 of leveraged funds, the net worth is $286 million.

Although the rise was thrilling, Li Mu knew that this was just the beginning, and in the next month or so, it would experience a period of crazy growth.

In order to maximize his profits, he decided to add another leverage.

Since it has nearly doubled, the leverage ratio has dropped to about 0.4 times.

After deliberating for a long time, Li Mu decided to increase the leverage to 1.2 times, and borrow another 240 million US dollars of leveraged funds to buy.

After the operation is completed, the total value of cryptocurrencies held in the hands is as high as 625 million US dollars.

As for why not learn from the last time, increase the leverage to 3 times, and lend funds equivalent to 3 times the net worth at a time.

I really dare not take this risk. The market just started more than ten days ago, and the market kept going up. The volatility is not big, and the risk of increasing leverage is not too big.

During this period of time, with the influx of large amounts of hot money, cryptocurrencies have become more and more crazy, rising fast enough and fluctuating enough, it is common for a drop of tens of percent at a time.

Li Mu is becoming more and more cautious. 1.2 times leverage is already the best plan he has come up with in order to maximize profits and reduce risks as much as possible.

……

On the other hand, Li Mu is still serious about his work as his social status has risen sharply.

It's kind of weird for someone who is about to be financially free, shouldn't he quit his job and enjoy life?
Li Mu did this for no other reason than because he admired Su Mingzhe's computer knowledge, Tsinghua undergraduate and Stanford graduate students are not Chinese cabbages.

What's more, in Silicon Valley, the world's technology center, the participation is still the most cutting-edge VR technology.

In this case, it is many times more efficient than self-study.

By working hard and participating in projects, you can not only broaden your horizons, but also learn many new things.Back to reality in the future, maybe you can bring back computer skills.

Even if you can't be a senior software engineer, Yiduo is not overwhelmed, and there will always be times when it will be useful.

The old saying is not often said, "Knowledge is the greatest wealth!"

……

In the blink of an eye, another two weeks passed, and the price of BTC broke through $7000, and the cryptocurrencies held by Li Mu more than tripled again.

The virtual currency, which was originally worth $625 million, increased to $1850 million in gross value and $1511 million in net value.

This time Li Mu was more cautious. Although the leverage ratio had dropped to 0.25 times, he only planned to increase the leverage to 0.8 times and borrow 870 million US dollars of leveraged funds.

Most of these funds still buy the several cryptocurrencies they originally held, and a small part buys BTC to diversify risks.

In any case, BTC still has 2~3 times the room to rise. If you enter the market now, you can still enjoy a big wave of dividends.

After some manipulation, the total value of cryptocurrencies held reached $2720 million.Several times before and after, a total of 1209 million US dollars of leveraged funds were borrowed, with a net value of 1511 million US dollars.

This was the last time Li Mu increased leverage, and there was still a big increase in the future, but he didn't dare to use it anymore.

In fact, the market volatility is getting bigger and bigger, and the risk is getting higher and higher. When you have already eaten a big wave of dividends, you can't be too greedy.

How much you can gain in the end depends on how high you can rise next.

If it is multiplied several times, the assets may directly exceed [-] million, and the wealth will be free.

……

Time passed quietly, and the company's layoff plan was officially made public, causing quite a stir, even Wu Fei heard about it.

Not surprisingly, according to the layoff standards, as the company's technical backbone, he is not within the scope of layoffs.

As a cutting-edge technology company, technology is the foundation for the company to gain a foothold in Silicon Valley and the Bay Area, and it is also the basic condition for attracting capital investment.

Stanford graduate students are not Chinese cabbages, and they are still very popular in the Bay Area.

If no one took advantage of the problem, Su Mingzhe, the technical backbone, would not have been laid off so easily.

As the technical facade of the department, in technology-driven technology companies, the right to speak is not small.

Therefore, the department head David and Su Mingzhe maintained a good relationship.

However, recently, since rumors of layoffs spread, Li Mu clearly felt that David's attitude towards him had changed slightly.

There was a trace of alienation in the coldness, even a little wariness.

Especially in the past two days, there have been rumors in the company that in order to deal with the crisis, not only will layoffs be made, but some adjustments will also be made to the middle management.

The overall style of the company is further Silicon Valley-oriented, more focused on technology, and increasing the proportion of technical backgrounds in management.

Some managers who have no technical background or are not very skilled may be laid off or replaced.

In the current situation of the company, it is impossible to re-recruit management, and it can only be promoted from the existing technical backbone.

As the technical face of this department, Su Mingzhe's technical strength is obviously many times better than David, the department head who graduated from an unknown university and is proficient in workplace politics.

Judging from the rumors, Su Mingzhe did have a slight threat to David.

Could this be the reason why he will be exploited in the future and put on the layoff list.

Li Mu shook his head, all this was just his guess, maybe he really didn't mean it.

No matter what happens, whether it's unintentional or intentional, there are system tasks, and if he is really on the layoff list in the future, he doesn't have to show any sympathy, and he can repay the other party with peace of mind.

In this regard, Li Mu already has some plans.

The technology company he works for, Olkus, is a technology company focusing on VR virtual reality technology. It was established in 2012 and is relatively powerful in the industry.

Due to some differences with the real world, the VR technology here is still a little behind as a whole, and it is not as popular as the real world.

Li Mu has also carefully studied the reason. In the beginning, the two worlds were not much different in terms of VR, and the point of divergence was in 2014.

In 2014, Facebook acquired a VR virtual reality company at a sky-high price of US$20 billion.

In fact, the company has just been established for more than two years, and the total financing amount is less than 2000 million US dollars.

As a global social media giant, Facebook's generous efforts have aroused the attention of the industry and capital, and VR, a niche product, has come to the public's attention.

A lot of capital has begun to pay attention to this field, which has promoted the development of VR virtual reality technology.

In this world, without Facebook, a social giant, it is naturally impossible to invest and bring large-scale attention. VR technology is still very small, and it is only popular in some small circles.

Perhaps it was some kind of butterfly effect between the two worlds. In 2015, with the upgrade of hardware, certain scenes of VR technology surprised some investors and attracted a wave of investment boom.

Su Mingzhe's Olkus company also took advantage of this wave of enthusiasm and raised a large amount of funds.

He joined in 2015, the stage of the company's post-financing expansion, and it has been more than two years since then.

However, although the product has amazing effects, due to immature technology and high price, it has always been a niche product and popular in small circles.

Capital investment needs to be returned. Since the return is far away, the popularity of VR virtual reality technology has gradually declined in the past year.

Financing is getting harder and harder.

Olkus, where Su Mingzhe works, is also considered a high-quality company in the industry, with technology and strength, and a solid accumulation in VR technology.

However, the capital market has always been so unreasonable. Although the valuation has dropped again and again, financing has not been negotiated, and layoffs are needed to alleviate the crisis.

It is said that the current valuation of the company has fallen from the highest value of 2016 million US dollars in early 2.5 to about 1 million US dollars, which is still not satisfactory.

Fortunately, in the past two years, the company took advantage of the peak valuation and carried out several rounds of large-scale financing, with a total of 8000 million US dollars. Finally, there is still some wealth to maintain.

……

According to the experience of the real world, VR virtual reality technology is a project with great potential. With breakthroughs in hardware, the market prospect is broad.

In the future, if the investment income of virtual currency is rich enough, Li Mu plans to use part of the funds to invest or acquire part of the company's shares.

If employees refuse to do it, we will be shareholders.

As for whether he will be laid off, Li Mu doesn't care, this job is dispensable to him, and there will be a strong return one day after leaving.

As for David, if he is really on the layoff list in the future, he will have to get out.

(End of this chapter)