Chapter 268 Don’t Go Public
"Dear Internet leaders, could you please tell us about your investment strategy over the past period of time?"

The host on stage brought up the last topic for discussion. Robin Li talked about artificial intelligence. For example, by taking a photo of Jack Ma on the spot, it can immediately match who is the most suitable person to marry him. This is similar to what Xie Jingxing did to deceive Cheng Wei about the end point of big data being metaphysics.

Zhang Chaoyang believed that video applications might be one of the most important application products on the Internet in the future. Zhang Yiming nodded slightly in agreement. Several guests expressed their views respectively, and finally it was the turn of Paul Jacobs, chairman of Qualcomm.

"We will work more with Chinese semiconductor manufacturers to improve their technology, so that many chips can be manufactured in China and then used to make mobile phones. We will also cooperate with Chinese companies in server chip design to serve Internet companies. In short, we are helping the industry grow, improving China's industrial value chain, and also helping to improve people's lives. I think this is our most important thing."

The white man with a hooked nose emphasized the important things over and over again with a friendly smile.

There was warm applause from the audience and female audience members presented bouquets of flowers. Xie Jingxing watched quietly until the host announced the end of the summit dialogue. He walked out of the room and waited in the courtyard of the small building where the branch venue was located.

“You should come on stage and talk to the venture capitalists who have helped the development of Internet companies.”

After a while, Teacher Ma came over quickly to greet him, and General Manager Lei accompanied him.

His long bangs stuck to his rosy cheeks. He wore a suit jacket with light blue jeans and a pair of leather shoes on his feet.

The indoor air circulation of the venue was poor, and the passionate debate made Mr. Lei look a little embarrassed, but it was true. Compared with the previous National Day reception, Xie Jingxing was more willing to regard this as their first meeting.

"Congratulations, Mr. Xie. The Meizu MX4Pro is very successful. I brought one with me on this business trip for research and study. Really, I put it in my suitcase." Mr. Lei took the initiative to shake hands.

Xie Jingxing responded sincerely: "We can learn from each other. Domestic mobile phone manufacturers still have a long way to go. Let's grow together."

"In fact, we have conducted a random survey of 800 Meizu MX4Pro owners, and nearly 50% of the users expressed their approval of Android's first front-facing fingerprint sensor technology. We also want to use this technology in our next generation products, and we look forward to Mr. Xie opening it to us soon."

People were coming and going in the yard and some were pointing their cameras at this side, but Mr. Lei didn't care at all and just acted pragmatically.

Since the launch of the Meizu MX Pro, Goodix has announced to the world that it is the world's top fingerprint chip design company. As long as it maintains its technological leadership, it will occupy an important position in the Android camp.

Xie Jingxing is one of the major shareholders of Goodix Technologies. It is said that he even brought in Meizu to invest in order to integrate the mobile phone supply chain business and layout the chip business.

President Lei dug out the handwritten letter of challenge and began to re-evaluate this rebellious young opponent. Perhaps this person really had the capital to be so ambitious.

"Of course. Goodix Technology needs more partners to join in order to maintain its absolute leading position in the field of segmented chip design before humans completely abandon fingerprints." Xie Jingxing stated his attitude straightforwardly.

During this period, he communicated a lot with HiSilicon's founder Zhang Fan, who was drunk by the partners and investors who flocked to him at two o'clock in the morning one day. He hid in the toilet, hugged the toilet and vomited violently, while making a phone call and making bold statements.

Mr. Xie, the iteration speed of chip technology is so fast that the life span of chip companies is so short. You invested 300 million yuan and two months in us, which helped us win the technology competition. I will never forget it!

——Zhang Fan talked a lot over and over again, but the core point was just one: Goodix Technology cannot be tied to Meizu, and needs to be open to all Android phone manufacturers, absorbing a steady stream of funds and technology as nutrients in the process.

Perhaps Taihe Capital should have taken all the investment shares at that time. Xie Jingxing shook his head to dispel the boring thoughts. He had already summarized his own mistakes. What he had to do now was to make sure there would be no next time.

"Mr. Lei, Xiaomi is building a smart ecosystem and Kingsoft is all in on cloud. Will it go deeper into upstream basic businesses in some directions?" he asked seriously.

President Lei hesitated for a moment, glanced at Mr. Ma who was greeting the acquaintances passing by, and smiled modestly again: "To be honest, we have just found the way to our strategic business. I don't know what will be inside the door."

"I think what you said just now was very good. Xiaomi has become the world's second in three years, and the next three years is not far away." Xie Jingxing stretched out his hand.

Mr. Lei finally tried to be frank: "I will take Mr. Xie's praise as an encouragement. It would be even better if you can join us to do something together."

“Maybe there will be opportunities in the future, and I’m looking forward to it.”

“It’s a shame that I can’t work with outstanding people right away. I hope that future cooperation opportunities will come sooner.”

"...Mr. Lei, have you read The Three-Body Problem? The people on Earth were warned by aliens not to respond to cosmic signals. If they did, their location would be locked and they would be invaded."

Xie Jingxing blinked his eyes: "Don't go public."

Mr. Lei, who looked full of emotion, was suddenly stunned. Teacher Ma withdrew his gaze and remained speechless. He watched him wave goodbye and walk away. After a while, he shook his head and laughed.

Don't go public. If you go public, I will launch a hostile takeover of Xiaomi in the secondary market. This is not a provocation or intimidation but respect.

It was no secret that Xie Jingxing was getting Meizu to invest in Goodix Technology to develop chips. For example, Alibaba knew about it, and it also knew that this approach would not work.

So when Mr. Lei felt that his attitude changed from disdain to respect after a whole set of combined attacks, and then vaguely guessed that this outstanding young opponent had far-reaching intentions, he then asked Mr. Ma, who was about to acquire a stake in Xiaomi, to act as a matchmaker and create today's dialogue.

Xie Jingxing did want to make chips, but he was more anxious than he thought and was unwilling to wait for three to five years. He was also more aggressive than expected and actually wanted to have actual control over Xiaomi. On the other hand, this showed that he recognized Xiaomi's potential to succeed.

"Today's young people."

Mr. Lei grinned and shook his head. He regarded young people as talents and wanted to attract their investment, and the young people recognized him and wanted to acquire him.

Mr. Ma commented tactfully: "He has a very keen sense of investment, and there is no shortage of good projects from a purely financial investment perspective."

"I can see that. Let's do this for now. I'll contact you later."

Mr. Lei made a phone call gesture, said goodbye and left.

After everyone left, Teacher Ma chuckled softly and told his assistant to arrange a specific time with Xie Jingxing to meet in the evening.

Why have Sequoia Capital and Hillhouse Capital invested in so many unicorn companies, but only Taihe Xiyou is called a capital faction?

Because when money reaches a certain amount, it is just paper in your hand. Only the money you spend is real money. Xiao Xie, who comes from a business family, sees this point more clearly than many so-called Internet entrepreneurs.

Without actual control, the world's number one intermediary is still an intermediary, a rootless duckweed that is pushed involuntarily by capital and will shatter at the slightest touch.

Thinking about how he was considered to be showing off when he said he felt miserable because of the money he had this morning, Mr. Ma sighed, it’s lonely at the top, Xiao Xie is one of the few people who understands him, he has to drink well tonight…

As it turns out, Xie Jingxing may be the only person who understands him at this Internet conference.

That night, Qiangdong hosted a dinner party, and Pony Ma led the Tencent team to attend, which was similar to the lineup last night, and Lei Jun also went. On the other side, Ding Lei of NetEase hosted a dinner party, and Li Yanhong, Zhang Chaoyang, and Zhou Hongyi were all happy.

The two groups visited each other, and in between there were also some groups organized by the younger generation such as Momo. The event will end tomorrow and everyone had a great time tonight.

Messages were flying around in the Moments and WeChat groups. Ding Lei was DJing and Pony Ma was dancing. Robin Li and Zhang Chaoyang were eating together with a napkin in their mouths. It was simply a disastrous sight and a complete breakdown of etiquette and music.

"Let's go one by one."

Xie Jingxing put down his phone and picked up the wine glass towards the table full of takeout meals. Song Anli helped take pictures. There were only two people at the large dining table in the quiet and cold hotel suite. Don't say anything. Good brothers are in my heart!
Teacher Ma, the editor, sent the text to his Moments and Weibo: I benefited a lot from participating in the World Internet Conference. I just finished a busy day and had a midnight snack with the kids.

"You have a sharp nose. Alibaba Cloud is going to develop artificial intelligence chips, the same thing Paul Jacob talked about during the day. We have just started to verify the feasibility internally." Putting down the wine cup, Teacher Ma got down to business.

Xie Jingxing retorted, "Everyone is pretty much the same. This year, the Ministry of Industry and Information Technology has abolished the previous sunshine and inclusive chip industry support, and then issued a national integrated circuit industry development outline. Last month, a special fund of 100 billion was established. Everyone is smelling the smell."

"I really don't know what the big fund has to say?" Teacher Ma asked bluntly.

Xie Jingxing raised his eyebrows: "No explanation, the first phase of the 100 billion special fund was invested by the Ministry of Finance, China Tobacco, and China Development Bank. The subsequent expansion may introduce local urban investment funds."

This type of policy-driven fund adopts the route of widespread investment. As long as you meet the application criteria, you can come to collect the money. Ninety out of a hundred people will be scammers, and the remaining ten will be honest people. You won't lose out, and if you get a top scorer, you will make a lot of money.

He has little room for maneuver. Only in a few years when support is strengthened and funds led by local industrial policies enter the market will it be possible to leverage the power to a large extent.

"Alibaba Cloud is only at the chip design level. For chip manufacturing, you have to look for state-owned enterprises, but the water is deep and it is easy to get involved."

After a few drinks, Mr. Ma stopped chatting and started swearing in a very vulgar way.

Xie Jingxing held the chopsticks in his hand above a sticky dish of beef stewed in red wine, but he couldn't put the chopsticks down after trying several times.

"Our cloud computing expert gave me a lecture and said that the design and production of chips are not the most difficult things. The key is to have a complete ecosystem, including applications, operating systems, chip architecture, and terminals. Without a systematic ecosystem, even if you make chips and give them away for free, no one will use them."

Mr. Ma's face was rosy and he smacked his lips. As early as seven years ago when Alibaba started its cloud computing business, it had envisioned the entire related upstream and downstream industrial chain.

The self-developed cloud computing operating system "Feitian", the architecture server "Shenlong" that solves the performance loss of virtualization, and the "Pangu" distributed storage system that is currently being designed. We have been running in small steps and jogging until today, and have just begun to demonstrate the design and development of subdivided vertical fields of artificial intelligence image, voice and other chips.

All of this is based on Alibaba's huge terminals. For example, it uses the annual Double Eleven event to accumulate application-level experience and lessons to reversely promote the growth of technology.

Xiao Xie is eager to join the game rashly, but Lao Ma is not optimistic about it. This is definitely not an industry that can be leveraged by personal heroism.

(End of this chapter)