I have opened a new book "I Upgrade in Xiaobai's Literature". I would like to ask all book friends to collect, recommend, and leave a message! Ants thank you!

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To be honest, before deciding to quit and start a business, Li Wensong did consider the venture capital investors in China.

The technology he has mastered now can be said to have solved more than half of Japan and the United States' patent issues in the field of printers.

But there is another half that cannot be bypassed at the moment.

But when it comes to the domestic printing market, the market potential is still very great.

Especially for portable printers like him, the market potential will be even greater.

Because this kind of product is currently in the market, no one can make a printer so small.

And this is exactly his selling point.

As long as the cost and quality can be controlled well, he firmly believes that his Huayin T800 will definitely make a breakthrough in the dimension of Japanese and American products.

So he really is not worried that he can't raise money from the market.

But why hasn't he quit his job to start a business? Because in his opinion, raising funds is not what he values ​​the most.

What he values ​​most is those venture capital companies, which can bring him the technical support he wants more.

As mentioned earlier, he has overcome most of the difficulties in printer technology. Now he is just about to scan and is blocked by patents from Japanese and American companies.

If he wants to add such a scanning function to his printer, he will have to pay a patent fee to Japanese and American companies.

It is even very likely that they will face technical extortion from Japanese and American companies.

To put it bluntly, it is said that I can open up the technology to you, but you must also open up the technology I need to me.

The most core technology of his device is miniaturization, control programs, and unique printing technology.

If it is open to large companies in Japan and the United States, with the technical strength of those companies, people can develop competitors like them in minutes.

At that time, what advantages does he have to earn from others?

Moreover, all of those Japanese and American companies are those with deep and low-cost money.

At that time, even if someone fights a price war, he will be killed.

So when the final technical problems were not solved, Li Wensong was not in a hurry to go out and start a business.

The reason why he has been observing these venture capital firms in China is to consider which one can help him solve this problem.

In fact, after staying in the United States for a long time, he is not disgusted with the entry of venture capital and capital.

Because the entry of these capitals will not only dilute his shares, but also bring him a lot of convenience.

Because some classmates work on Wall Street, he is very familiar with the operation of these venture capital companies.

In fact, what these venture capital companies are best at is to build relationships and match cooperation between companies.

For example, they are optimistic about a certain company, but this company is in its infancy and is relatively short of money.

They invested in this company and helped the company solve some technical problems.

For example, a certain technology required by this company happens to be held by another company, and they have talked about it before, but they are not open to their technology at all.

And if venture capital is in operation at this time, then venture capital companies can help and help. After all, venture capital represents capital.

Another company must give capital face.

This is not bragging, the power of capital in the United States is so powerful.

Even in a strong company, I dare not offend any capital easily.

It is even very likely that behind this patented company, the same capital stands.

So, once capital intervention is involved, the integration of resources and technology becomes very easy, and obstacles will easily be crossed.

This is exactly the power of capital and their basic operation.

It is precisely because of the help of capital that this company has grown rapidly, because they not only have financial support, but also technical support.

So if they rely solely on themselves, they may take three or even five years to go public, but with the help of capital, they may be able to go public in one year.

The venture capital that initially invested can also cash out and make profits after the company goes public faster.

This is the operating routine of venture capital, not only investment, but also the integration of various resources.

However, he had been observing the country for a long time, but in the end he found that the sad thing was that there were not many of the so-called venture capital companies in China, which had the strength to match resource integration like American venture capital.

That's why he has not chosen to quit his job and start a business, but instead chooses to use his spare time to overcome technical problems.

This situation can be said to be solved immediately after the establishment of the Quanye Fund by the Ninth Laboratory.

The Quanye Fund can not only provide financial support, but also with the participation of the Ninth Laboratory, it can also take advantage of the mysterious Spark Technology Company he values.

And this company is the development company of the intelligent recognition system he dreamed of.

What he wants is not a complete set of intelligent recognition programs, all he needs is the most basic graphic and text recognition system of this program.

That's why he submitted his own report and application like the review board.

His project was quickly approved by the review board.

The conclusion given by the review committee is also very simple, although the printer market is now almost entirely monopolized by Japan and the United States.

But it is precisely such a monopoly that is gradually threatening the technological security of our country.

Moreover, with the awakening of national consciousness, we also need our own brand in this field.

The Huayin T800 just can make up for this gap, and this device is even more portable and convenient than any competitor.

So as long as those small problems can be solved, the prospects for this device are very broad.

Now, Xiao Feng nodded directly to agree to Li Wensong's request.

"How much do we plan to invest in the capital?"

"Li Wensong's requirements are not particularly high. He plans to give us 10% of the equity share."

Xiao Feng nodded after hearing this. Li Wensong didn't seem to be greedy.

He gave his original valuation of this technology, which is only 500 million yuan.

But in fact, if his equipment is really made and sold nationwide, it will definitely be worth more than 500 million.

Look at HP now. If it weren’t for the occasional mention of their computers, everyone might have basically forgotten this company.

In fact, their laptop business has been deteriorating in recent years.

Especially after being snatched away by Apple from most of the market, in fact, they are not very embarrassed.

Why? Because they occupy forty percent of the global market share.

And in the country, that's even more exaggerated. HP accounts for 50% of the domestic market.

Last year, the demand for the domestic printer market was 15 million units, and combined with various consumables such as ink cartridges, the market share was 100 billion.

As for the technical strength of Huayin T800, if it can tear down even 20% of the market share in this market, it will be more than 20 billion!

Moreover, in terms of the portability of this device, the prospects of this device are very broad because it is facing the personal terminal market.

In the past, printers mainly faced large institutions such as companies and government agencies.

But for private purposes, although some equipment is for home use, the prices are often very expensive and the consumables are not cheap.

But the emergence of this Huayin T800 solved this problem very well.

It can be said that this will be a major breakthrough.

And as long as you gain a firm foothold in the private market, it will be equivalent to tearing a hole in the market.

At that time, it will be much easier to counterattack the markets of those large institutions.

Especially in the case of fully independent intellectual property rights, Huayin T800 is fully capable and can fight price wars with foreign giants.

Moreover, these domestic companies are not fools. In the past, everyone had no choice, so they could only use American and Japanese printers.

But who doesn't know that these two companies are both ambitions, especially HP, who has stolen users' information, and it has been exposed.

No one wants to use this kind of backdoor product. Although the Americans do not recognize it on the surface, they have closed the agreement in private.

But although it has been closed, who knows whether they will make trouble in the hardware and software they are carrying?

When everyone starts a company, everyone has their own little secrets. Even if they are not high-tech companies, they are unwilling to be exposed to the eyes of Americans.

On the surface, the Japanese did not steal the information you printed like the Americans.

But in fact, as long as you understand their nationality, you will know that these guys cannot be without tampering with the printer.

In the past, people really had no choice, so they could only use American and Japanese equipment with a slightest finger.

But now we have independent intellectual property printers, so why not?

Even if this device has a backdoor, it is no longer safer to keep information in the hands of the H people than in the hands of the Mid and Japan.

What's more, if this company dares to do that, they are seeking death.

After all, they are a H-country company, which is different from Japanese and American companies.

If Japan and the United States are foolish, we can't do anything to them because they are headquartered abroad.

But this company is a Chinese company. If he dares to do this, everyone can definitely join forces to kill him.

So because of this kind of heart, Xiao Feng firmly believes that as long as the Huayin T800 can be successfully launched, there is no reason not to be popular.

So he already plans to open up all his energy and support this company.
Chapter completed!