Fifth Avenue in Manhattan.

The famous 58th floor of the Empire State Building.

Ma Zhiyuan could already afford to rent an office in this most famous commercial building.

The Vision company he founded and its two color TVs, 15-inch and 17-inch, have successfully entered the North American market and become one of the top ten brands.

Annual sales have exceeded 50 units, of which a 15-inch color TV costs US$700 and a 17-inch TV costs US$1200, which is equivalent to about two months' salary for ordinary people. It seems expensive, but a family can afford it. In comparison, a 2-inch black-and-white TV costs about US$15 to US$200, but the effect is very different from the color TV that Ma Zhiyuan brought from the mainland.

Vision has firmly occupied the high-end television market with its technological advantages, because at this time, the main televisions were still black and white, and color televisions were still under research.

With this unique technology and with the help of Mr. Chen, Ma Zhiyuan truly realized his North American dream of starting a business from scratch at Rogue Eagle!
The entire process of making a fortune is very clear and worthy of rigorous exploration without any black spots. With a starting capital of 3000 US dollars, he step by step speculated on several stocks given by Ren Zhong on Wall Street, and realized assets of 20 US dollars in more than half a year. He began to invest in televisions, and then spent more than half a year to realize the laboratory-made samples of color TVs.

I started my own business and established Vision Company. I raised 200 million dollars in angel round financing and 100 million dollars in loans from Mr. Chen and his allies. After building the first production line, I advertised the series of samples with the slogan “You can see the real thing” and pre-sold 10000 units, which took off immediately! Then I used the 500 million dollars in advance payment to build a production line and started my journey to get rich through technology.

This script is slightly different from the one designed by Ren Zhong, but it is equally brilliant. So far, only 20% of the equity has been released to Mr. Chen and his allies. The angel round valuation starts at 1000 million, which is in line with the principle of investment by acquaintances.

Then, within a year, it sold as many as 50 expensive color TVs, with sales of more than 4 million US dollars and profits of over million, instantly becoming a new technology elite.

You have to know that the US dollar at that time was still not decoupled from gold and was quite valuable. The average North American worker only earned a few hundred dollars a month.

So Ma Zhiyuan's start can be described as a dream. Ever since the TV was launched on the market, there has been an endless stream of people wanting to invest in it. Considering that pre-sales have solved most of the funding problems, Ma Zhiyuan has been playing nice with various investors, preparing to negotiate a good price after the product reaches a certain scale.

For Lao Ma, after seeing the enthusiasm for color televisions in the North American market, he immediately tightened his financing pace and prepared to maximize his profits.

His idea turned out to be correct. In just over two years, he turned himself into a true billionaire and successfully achieved large-scale mass production and sales, further enhancing Vision's capital appeal.

People from Wall Street began lining up to see him.

"Boss, Richardson, general manager of Wall Street Trend Fund, is here." The charming secretary Linda came in and reported, twisting her hips.

Ever since her boss became a billionaire, married blonde beauty Linda can't stop admiring her boss.

It's just that Ma Zhiyuan came with his family, and Linda's explicit and implicit hints did not cause any fluctuations in Ma Zhiyuan, which was quite incompatible with the unrestrained atmosphere of Rogue Eagle.

"Please invite him into the reception room." Ma Zhiyuan said calmly. The investment scale of Trend Fund is 10 billion US dollars. It excels in investing in technology stocks to make huge profits and has always been known for investing in cutting-edge technologies.

Usually, a technology stock has the shadow of a trend fund before it goes public. Given Vision's current business situation, it can basically consider a direct listing in a year.

So for investment funds, this is a scarce financial resource of the highest quality.

"Mr. Richardson, welcome!" Ma Zhiyuan was obviously much more enthusiastic towards Richardson who came for the third time.

"Mr. Ma, we meet again. I said that our Trend Fund is very sincere," the blond and blue-eyed Richardson did not have the condescending arrogance of the old white man. After all, the awe of money has been engraved in the bones of every capitalist on Wall Street.

"Thank you Mr. Richardson for your appreciation of Vision. After more than a year of operation, I think everyone can see the value of Vision very clearly. We are now preparing to launch the IPO and share the future development of Vision with the public. We also need Mr. Richardson's valuable experience and the help of colleagues on Wall Street to make Vision bigger and stronger." After such a long period of experience, Ma Zhiyuan has become very clear about how to play the game at Rogue Eagle.

"Very good, Mr. Ma. Our Trend Fund has always been adhering to the purpose of serving customers and achieving a win-win situation by helping them grow." Richardson couldn't help but feel overjoyed when he heard that Vision was finally going to start financing.

Although the cost of entering now is completely different from that of entering earlier, as one of the most popular technology companies in Rogue Eagle in the past year, he is unwilling to give up the opportunity to make a steady profit as long as he can get on board.

This was also his biggest motivation for continuing to visit Mr. Mao despite being rejected twice. After all, no capitalist would go against money.

"Thank you Mr. Richardson for your understanding. Let's be frank today. Vision's sales and profits today are just the beginning. In the past few years, the sales of black and white TVs worldwide have reached 4000 million units. If Mr. Richardson has researched this industry, he must know that this market has just begun. The growth of the TV market in the next years will be very broad, and it will even become a must-have product for every household. We not only have mastered the technology of TV terminals, but have also begun to involve back-end TV drama production and broadcasting technologies, and have successfully developed a VCR." Ma Zhiyuan was not going to beat around the bush today and directly revealed his cards.

"What video recorder?" Richardson didn't expect to have any new gains today and had no idea about the new technology proposed by Ma Zhiyuan.

"Well, the family can use the recording tool just like making movies, and also have a matching tape and player to record the images. We will demonstrate this new home media technology to Mr. Richardson in a while. We believe that it will become the best supporting product for televisions in the future." Ma Zhiyuan said with a smile.

"We have reason to believe that the TV and related industry chain will become a huge industry chain with sales of hundreds of billions of US dollars in the next decade, and Vision will be a leader in this industry chain."

"Hundreds of billions of US dollars?" Richardson took a deep breath. This was something he had never dared to think about. At this stage, apart from a few industries such as the automobile industry, steel industry, and oil industry, it was really hard to find out how much there was.

"Mr. Ma, if I remember correctly, the current total annual sales of television sets is less than 15 million units. Even if the sales volume can reach 200 million units, based on the current price of 400-inch black and white TVs at 30 to 50 US dollars, the total market size is only billion US dollars. Including the services of the TV industry, the maximum annual sales volume is billion US dollars. Isn't the billion US dollars you mentioned too exaggerated?"

Richardson really couldn't understand it.

Ma Zhiyuan didn't understand it at first, but Ren Zhong knew it well. Before Ma Zhiyuan went abroad, he explained the prospects of this industry to him clearly.

(End of this chapter)

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