Start by trimming cow hooves

Silicon Valley is this place.

On the surface, it is very peaceful and prosperous, but in fact, the competition is extremely fierce, almost like raising gu.

Start-up teams are established or fail almost every day here, and every now and then there are projects that have performed well and have received large amounts of financing, but have declared bankruptcy due to the inability to continue to obtain additional financing.

For companies that can really survive to be listed on Nasdaq, it is very appropriate to use the phrase "one general will succeed and ten thousand bones will die".

Starting a successful business is not that simple.

It is not that easy for venture capital institutions to make money.

Compared with other unknown small founders, Suri's advantages and disadvantages are clear at a glance.

The tracks he is targeting all have obvious advantages, and he has huge influence and sufficient funds. He does not even need to give investors credit. The business prospects have always been very clear.

Basically, it’s just a no-brainer. Grabbing a share means making huge profits, and the risk is extremely low.

On the other hand, for many start-up companies, the number of users keeps rising during the money-burning promotion stage. However, after the massive funds are spent, they are either unable to find a monetization channel or they collapse midway.

The founding team ran away with cigarettes and buckets, leaving only the venture capital institutions crying without tears.

Due to the influence of survivor bias, the outside world often only sees how much money someone made. The fact is that many investors are simply deceived. They may finance dozens of projects in a row, but in the end they only get nothing from a bamboo basket.

Just look at the group of business tycoons who play golf with Suri and try their best to get close to him.

He is already standing at the top of the Silicon Valley pyramid, holding several large projects that have the potential to reach hundreds of billions of dollars. People are eager to make friends with him.

The reason why I lamented that "the boy who slays the dragon eventually becomes the evil dragon".

Mainly because Su Rui has realized that even if he wants to be merciful and allow other companies to compete fairly with him in the future, these partners will never agree.

For the sake of their own interests, they only hope to occupy more market share and engage in "pinch mergers and acquisitions" and "malicious suppression", which prevents Su Rui from fully following his own ideas and enjoying the benefits of entrepreneurship and business operations. pleasure.

For example, Netflix Entertainment has acquired several overseas streaming media platforms, taking advantage of the opportunity to annex their market shares to avoid the emergence of powerful competitors and hinder it from making profits in the international market. It has gradually deviated from the "make some good dramas and make some money" The original intention of "little money".

Control of Netflix Entertainment is still in his hands, but not entirely in his hands.

Once he chooses to go against the interests of other shareholders, even if Suri is the "soul figure" of the entire company, he will also suffer a violent backlash, as will other companies.

Out of sight and out of mind.

Managing these assets indirectly through family offices and professional managers is the most relaxing and enjoyable way. With the material foundation Suri already has, there is obviously no need to make his life so tiring.

When I hit the eighth hole.

A young man from a billionaire family in New York asked Suri:

"The official website of the S electric car will open for pre-sale during tonight's press conference. How much do you think the total order volume for the first car can be? According to my estimate, the company's books will be difficult to break even, which means "We will continue to burn money, and I want to know how sure you are and how long it will take to capture enough market share."

This question is also what others want to know.

Although they choose to finance S electric vehicles, some investors are not absolutely sure about this project, and some just want to get a piece of the incubation process, then settle down and leave as soon as possible.

After all, fuel vehicles are already sufficient. The advantages and disadvantages of electric vehicles are obvious. During the period of competition with traditional fuel vehicles, it will be difficult to open the market.

Suri was a little confused and asked jokingly:

"Shouldn't you understand these issues before participating in financing? If you are not confident, you can sell your equity to my Caishen Capital as soon as possible. I promise to sign a contract with you immediately."

The other party quickly waved his hand and told:

"I'm just new to this project and don't know much about it. I don't have any doubts about your ability."

Seeing everyone looking at him, Su Rui understood that if he didn't give them reassurance, there might be some rumors that would affect the partners' confidence in the prospects of the S electric vehicle project.

Continuing to pull out an expensive golf club, he shrugged and told:

"I admit that it is quite difficult to seize the market from traditional car companies. The initial goal is to survive hard and then incubate a mature related industry chain by accumulating patented technologies."

"When will the cost of the entire vehicle be reduced, will it be time to start reaping returns? This may take five years, or it may take ten years. Maybe the market value of S electric vehicles has exceeded 100 billion U.S. dollars, but it has not yet started. profit."

“But after I solve some technical and mass production issues, I am confident that with a price of US$30,000 to 40,000, we can provide customers with an experience equivalent to that of a fuel vehicle of US$70,000 to 80,000, including intelligence, autonomous driving assistance, and excellent Acceleration, low car cost, etc.”

Everyone present unanimously imagined what a wonderful experience it would be if the market value of S electric cars really exceeded US$100 billion in the future.

Many ideas are still in the planning documents, so Suri can only draw a big pie to satisfy their hunger.

He himself knows clearly that the threshold for producing mid- to low-end electric vehicles in the future is very low, and users' acceptance of electric vehicles is gradually increasing.

But Suri's own belief is not enough. He needs the support of his partners to prevent him from being held back at critical moments.

Someone then asked: "So, what kind of technical problems still exist?"

Suri immediately replied:

"Apart from the fact that autonomous driving technology is a bit complicated, other aspects are actually not too difficult. It just involves the issue of mass production and cost reduction. As long as the scale can be increased, S-Car hopes to become Apple in the automotive industry."

"It is difficult for people's thinking to transcend the limitations of the times. It is certainly not an easy task for smart people like you to fully believe in my company's development plan."

"So you might as well wait patiently. At least for the first mass-produced car, it will not be a problem to sell 50,000 units. Compared with the original electric sports car of Tesla, it is already a hundredfold leap."

Seeing that others were the first to ask questions, the group of people chatted and asked many questions one after another.

Because he was busy dealing with it, Suri played terribly in the next few holes and almost hit a passing caddy.

Fortunately, although there are uncertainties, the concept of electric vehicles is indeed very popular, and no investor wants to miss this opportunity to gamble.

The fight lasted until the evening before Suri changed her clothes and went to the press conference to rehearse and familiarize herself with the process.