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Chapter 343 Not as Great as Myself
Chapter 343 Not as Great as Myself (Seeking Monthly Tickets)
On October 10, 2010, Xu Ke chose this date with a string of zeros to start filming.
The convoy drove in a grand procession to Tianmo.
The media was not allowed to participate in the entire filming process, and the entire filming period was kept confidential.
In fact, although Tianmo is a natural desert covering 1300 acres, it is not far from the capital, at most 100 kilometers away. It only takes Qi Hao a little over an hour to drive here from his home on the Second Ring Road.
Xu Ke originally wanted to ask Daoist Suiyun to perform a ritual, but Li Lianjie dissuaded him.
Because Li Lianjie was a Buddhist.
Actually, these things mainly depend on one's mindset.
He also played Zhang Sanfeng back then.
That's a traitor to Buddhism.
A group of people worshipped the gods according to the traditional rituals of Hong Kong, and then took their official photos.
Qi Hao has already received the system notification.
Mission...complete!
I thought I wouldn't be able to settle the payment until after the filming was finished, but this time the system was very accommodating.
It's probably because Qi Hao has already started filming.
Moreover, Qi Hao has always maintained a good reputation and would never abandon a task after it has been completed.
The task reward is a commercial message from Xiaomi.
This was the first time Qi Hao had been rewarded with "business information," and he didn't know what it was for.
I always feel that it's not as good as directly rewarding someone with stocks.
The stocks awarded as direct rewards are mostly of high quality, and you don't have to spend your own money.
Damn, I feel like I got ripped off.
Since that's the case, let's quickly take a look at what Xiaomi is all about.
While putting on makeup, Qi Hao also completed the task settlement.
[Task 30 completed. Rewards: Acting +10, Script "My Love from the Star", Business Information (Xiaomi)]
[Complete the task and receive a training opportunity]
[Choose one of three NPCs to train: Xu Ke/Gwei Lun-mei/Fan Shao-huang]
[New tasks are now being posted]
Task 31: In this fast-paced era, comedy films are like a breath of fresh air, soothing people's weary souls with their unique charm. Break free from the constraints of idol image and act in a down-to-earth comedy film. Difficulty: 3.5 stars, Time Limit: 365 days.
[Mission Completion Rewards: Martial Arts +10, Script "Detective Chinatown 1-5", Business Information (DJI)]
After the settlement was completed, a flood of information rushed into Qi Hao's mind.
Hmm, I suddenly feel like I've grown a lot more brainy.
The script was also given to Qi Hao as a message.
This is a romantic drama that tells the story of Do Min-joon, an alien who has lived on Earth for 400 years, who meets Cheon Song-yi, a famous actress who moves next door, and how the two go from disliking each other to falling in love.
That's all normal, but what's abnormal is that there's another piece of information.
"My Love from the Star" was directed by Jang Tae-yoo, written by Park Ji-eun, and starred Kim Soo-hyun, Jun Ji-hyun, Yoo In-na, Park Hae-jin, and others. It premiered on SBS TV in South Korea on December 18, 2013.
It's so detailed that it even includes the director, actors, and premiere date.
Awesome, Brother Tongzi!
If Qi Hao doesn't intend to cause trouble, he can simply find this director and these actors to film it.
However, Qi Hao certainly wouldn't let the Koreans have such an interesting script.
He planned to have the scriptwriting team revise the script, changing it to a Chinese setting, and then have himself and An Feng star in it.
There's no need to talk about Qi Hao.
Although he is only a junior high school graduate, and playing a professor might be controversial, Qi Hao has a low level of education but a wealth of knowledge.
Cheon Song-yi's character is a star who has been in the industry for many years, and also a college student, which perfectly matches An Feng's identity and age.
An Feng might not be able to play other roles well, and if she has any problems playing herself, she might as well just retire from the entertainment industry and go home to have a baby.
Qi Hao did not read the script in detail.
He had plenty of time after reading the script, and he was more curious about what the business information was all about.
If it's not worth much, I don't know if I can contact the system to return it. Maybe you should just give me ten million Xiaomi shares.
Qi Hao originally thought that the system would give a general evaluation like "Xiaomi is a good company".
Unexpectedly, Brother Tongzi once again refreshed his understanding.
The preceding section contained information about Xiaomi's founding and operations, and soon after, we arrived at its first round of financing.
2010年12月首轮融资1025万美元,2011年5月追加至4100万美元,估值2.5亿美元。
Investors: Morningside Venture Capital, Qiming Venture Partners, IDG Capital, etc.
Purpose: To develop the MIUI system and build the supply chain, laying the foundation for the mobile phone business.
Holy crap, is it this detailed?
He was a prophet!
Qi Hao realized that he had greatly underestimated Brother Tongzi.
A being capable of altering collective memory is a force to be reckoned with for a less advanced civilization.
How could it be limited to such low-level business information as "Xiaomi is awesome, you can invest in it"?
He quickly flipped through the pages and soon found the second round.
2011年4月到2012年6月进行的B轮融资估值40亿美元。
The Series C 1.0 valuation was $100 billion, and the Series C 2.0 valuation was $450 billion...
There are still Series D and Series E rounds to come!
And then there were the Hong Kong IPOs in 2018... the market value soared to over a trillion Hong Kong dollars.
Holy crap! Holy crap!
Qi Hao tried very hard to control his expression.
So that the makeup artist wouldn't think he's crazy.
Donghao Venture Capital has been in talks with Xiaomi recently.
There are many disagreements between the two sides.
Firstly, there's the issue of dual-class shares; Xiaomi can only offer B shares, which are essentially cash with no real power. Secondly, there's the valuation issue; Lei Jun wants a valuation of $2 million.
But for a startup, this price isn't just high, it's outrageous.
Qi Hao now realizes that President Lei is truly a good person.
The third point is that Xiaomi hopes to introduce more capital to facilitate subsequent financing.
While Donghao Venture Capital didn't intend to monopolize the profits, it also didn't want its share to be diluted too much.
If there's not much share in the first round, then after several rounds of dilution, it's unlikely that much will be left in the end.
All of this dispelled Qi Hao's doubts after he learned about Xiaomi's financing process.
If a company has a market value of trillions, then even one percent of that would be a fortune of ten billion.
Moreover, capital that entered in the Series A round will never be diluted to 1% as long as it doesn't sell off its holdings.
Besides the financing process, Qi Hao discovered that Tongzige had given him a lot of other things as well.
This isn't Xiaomi's business information; it's a complete overview of the development of the entire mobile phone industry.
Screen, chip, system, 5G...
Business model, marketing strategy, scientific research strength, strategic goals, Mijia ecosystem...
Xiaomi also has its shortcomings, such as prioritizing marketing over research and development, relying on imported core technologies, making it vulnerable to being "held hostage" by others, and sometimes even having to choose a low-end route to survive because the quality of its components cannot be guaranteed.
There are also Xiaomi's competitors.
Apple, Huawei, Samsung, Xiaomi, OPPO, Vivo...
The system even conducted a comparative study using Huawei and Xiaomi.
This allowed Qi Hao to learn about Xiaomi and also gain a clearer understanding of Huawei.
Huawei relies on technology to speak for itself, while Xiaomi wins through the market.
Frankly speaking, from an investor's perspective, Qi Hao definitely prefers Xiaomi.
After all, Xiaomi has the highest return on investment.
Moreover, Lei Jun has indeed made life more convenient for everyone, providing many products with excellent value for money.
However, from a Chinese perspective, he appreciates Huawei's attitude towards technology even more.
Unfortunately, Huawei does not seek external financing.
It is said that Morgan Stanley's investment banking team visited Huawei, but Ren Zhengfei avoided meeting them.
This greatly displeased Morgan Stanley's chief economist, Stephen Roach, who told Fei Min, the Huawei representative in charge of receiving them, "You rejected a $3 trillion team."
Huawei really doesn't need to deal with Morgan Stanley; in their eyes, Morgan Stanley is no different from Stanley fertilizer.
Because they are internally financed.
Of course, although he admires Huawei more, Qi Hao will continue to invest in Xiaomi.
This rate of return is truly astonishing.
If $1000 million is invested in the first round, it will become $18 billion by the third round in 2014.
18 billion US dollars!
A return on investment of 180 times.
Earning $18 billion in less than five years—is there an easier business to do?
However, Qi Hao began to ponder another question.
The Xiaomi business information the system gave him allowed him to see the development of the mobile phone industry over the next twenty years, so why didn't he create his own mobile phone brand?
Does it mean they don't understand marketing?
Lei has already set a good example for him.
Just follow the instructions; the competitors are all idiots and utterly vulnerable.
Are you okay?
Is it because you don't understand technology?
What is the biggest challenge in technological research and development?
It's money!
According to the information provided by the system, Huawei invests 10% of its revenue in technological research and development, and has achieved many great results, which is why it has become a thorn in the side of the US.
One of the main reasons why technological research and development is so expensive is that you need to explore.
In most cases, the path forward for research and development is shrouded in mystery.
You choose a direction to go in, spend a lot of money, and find that it's a dead end.
Then you find a new direction and keep throwing money at it.
After reviewing Xiaomi's business information, Qi Hao realized that while he couldn't accurately obtain all the technical parameters, he was more aware of many of the industry's development trends than anyone else at the time.
This way, we can save a lot of money on research and development.
Starting from the same point, Huawei might spend 200 million yuan to develop something, while Qi Hao, with his foresight, might only need to spend 50 million yuan.
This advantage is simply too great.
Even a layman like Qi Hao can understand it.
Whether Huawei is great or Xiaomi is great, they're not as great as me.
Most importantly, Qi Hao is not short of money at all. When he does need money, he will sell Xiaomi.
When faced with a choice of three NPCs to train, Qi Hao unsurprisingly chose Xu Ke.
Xu Ke is indeed not doing so well now, but he was once very successful, and he had a distinctive personal style, making him one of the most competitive directors in Chinese-language films.
His new assignment required him to direct a comedy.
This is too easy.
Next year they're going to film "Lost in Thailand 2," which is definitely a comedy.
The new task still rewards business information.
A company called DJI.
Qi Hao had never even heard of it, and had no idea what it was.
Qi Hao used to think that Tongzi was an idiot, but now he realizes that he is the real idiot.
He will never look down on Brother Tongzi again.
(End of this chapter)
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