Chapter 203 Fundraising
"How is mi's business development now?" Duke hasn't cared about the company for a long time. After reading Bob and his latest achievements, Duke realized that no matter whether he could acquire Piaotiansi.com
"It's great, I'm almost overworked now." Shu Ya was stunned. The two of them had a tacit understanding in life, just not bringing their work home. After Duke asked this, Shu Ya was a little uncomfortable.
"If you are very busy, just pause your Harvard studies." Duke looked at Shu Ya who was a little thin and said with pain. At this time, this MBA degree is really optional for Shu Ya.
Harvard academic management is not as good as domestic schools or not. If you miss too many classes, it is really difficult to get credits.
"Okay," Shu Ya hesitated for a while, but finally agreed. She was so busy that she couldn't bear it anymore. Selena had already proposed to take a break from school a few days ago and concentrate on the company's business.
Now the prospects of Mi Company are bright, and both Selena and Susanna want to seize this rare opportunity in a thousand years. Since Susanna has completed her studies and has only left her defense, she has devoted herself to the company's business.
"Now Mi's monthly sales have exceeded one million units. Duke, your game customization strategy has worked." Shu Ya couldn't help but feel a little proud when talking about these numbers.
After all, the company can develop and she plays a very important role in it. Although Duke provides technology, all decisions in business operations are almost made in her hands.
Sometimes, Shu Ya feels that Mi is like her own child. Watching him be born, then develop and grow.
"Is that so fast?" Duke browed when he heard this number. This is amazing. If this continues, wouldn't it accumulate tens of millions of sales in a year?
"So thanks to your game customization strategy, we have now completed the customization of more than 20 popular games in the top 100 games. As more and more games can be accessed, the pulling of the brain wave mind power helmet is getting bigger and bigger. You should know that the number of users of these more than 20 popular games is as high as tens of millions." Shu Ya was very excited about this result.
Thinking about it, she was not long after she was in her early 20s, and now she is in charge of such a large company, which is now important in the gaming industry. Even the calm person is inevitably a little vain.
"Since we can leverage some game players to join the brainwave game industry, the user expansion is very smooth. According to Susanna's estimate, it is very promising to exceed 10 million sets this year." Shu Ya continued.
"So much has increased at once?" Duke was a little surprised. This was a bit too extraordinary. How long has the PSP accumulated, it has only been around 20 million units.
"So although this is a small business, there is actually a lot of space. Now Dr. Clement has begun to develop how to advance this system to the medical assistance field. The current target is to study the conversion of brain wave thinking content into sound. For those with pronunciation disorders, this will be a huge boon and a huge opportunity for us."
Shuya revealed that her appearance in mi’s new product expansion direction made Duke feel a little curious.
"Is that so? How is Clement ready to improve?" Duke asked.
"Of course, it is further strengthened on the basis of the existing technology, such as adding more brain electrodes, making the brain wave sensing effect more sensitive. Then, through menu-based learning, the brain wave helmet can gradually understand more brain wave information. This step is not too difficult. Now the prototype product has supported this point, and preliminary tests can be used to identify brain wave memory with more than two thousand words."
"There is just a problem. We still have some difficulties in identifying meaningful sentence output. This intelligent sentence recognition may require you to help and help. However, you have been busy with your topic during this period, so you did not disturb you." Shu Ya finally revealed one of the real purpose of today's conversation.
What else can Duke say? He can only nod and agree. These things are just his own affairs.
"Shuya, how about you tell me that we will sell part of the Mi company's stock?" After talking for a long time, Duke remembered his original intention. "Now Cai Siqiang and the others are talking about acquiring Nokia's mobile phone business, but the existing funds of SAL are definitely not enough to support this acquisition, because we still need funds to operate this mobile phone business in the future."
After hearing Duke say this, Shu Ya was stunned. This suggestion was too sudden and she was not mentally prepared at all.
"Do you want to sell part of the mi stock to raise funds to support the mobile phone business?" Shu Ya was stunned and quickly woke up. Of course, she knew that Duke had invested a lot of thought in mobile phones. The first thing she did when she left the laboratory was to check the progress of mobile phone design.
"Yes, I looked at Bob's new phone, and now I can basically set it up. This matter has not left us much time. Now we still have some advantages in mobile phones. If we don't pursue the victory, some advantages will be lost."
Duke said that he was right. Since the sala pronunciation input method emerged, many people have studied this input method, and he has published some papers on basic principles. Now some researchers have made great progress on the basis of the original pronunciation recognition.
The entire field of speech recognition has been driven by Duke to a golden period of new development. Perhaps Duke can win the Turing Award, and this contribution is also an important consideration.
This is a matter of no choice. Technology is always improving while chasing each other. After a new technology appears, corresponding similar technologies always follow.
"Oh, are you sure about this phone?" Shu Ya continued to ask. To be honest, mi is now in the golden stage of prosperity. When selling it at this time, Shu Ya always feels a little at a disadvantage.
Duke knew Shu Ya's thoughts, "It's more important. What's important is that for a long time, I will spend my main energy on this mobile phone. After all, the mobile phone market is much bigger than other markets. It's not easy to make 10 million sets of brain-wave helmets, but only 3 billion US dollars, which is already very difficult. But if the mobile phone needs to be done well, there is no problem with hundreds of millions of sales."
"Okay, just make a decision. How much money is needed?" Shu Ya no longer dragged on the slut. No matter what success or failure, since it was Duke's wish, she would definitely support him.
"I think it should be fine with $2 billion. After all, SAL can raise some. Now the navigation device produced by Sirius, a company controlled by SAL, has almost become the standard configuration for mid-to-high-end cars, and its cash flow is also very abundant."
"2 billion," Shu Ya lowered her head and calculated for a while, "I don't know what the valuation of mi now by venture capital companies, but at least not less than US$8 billion. In this way, we can raise it by selling about 20% of the shares, and we can still control the company."
According to the current 120 million shares of mi, if the valuation is 8 billion US dollars, and each share is now about 67 US dollars, Shuya and the others only need to sell 30 million shares.
Chapter completed!