Chapter 1041 Don’t Cause Trouble to the Country
Although the chicken coop named Sam seemed unreliable, Wu Tao finally gave him another chance.
After all, this capacitive touch screen technology is a new technology that he has been thinking about these days. Li Yinxin hadn't asked why yet, but she didn't expect to meet him here.
So even if this person is a liar, Wu Tao doesn't mind spending a little money to buy this possibility.
This is often the case in investing.
In the conference room, Sam once again explained his immature capacitive touch screen technology.
He himself talked with great joy on the stage, foaming at the mouth, but the people in the audience were in low spirits and showed little interest.
Even Wu Tao, who was very interested, felt that this guy was not a qualified project promoter, and he actually told everything about his short-term experimental project at Motorola.
What does this matter?
What matters is that this experimental project ultimately failed.
The capacitive touch screen technology that Sam regarded as a treasure was also labeled as unreliable by Motorola's technology department.
Not only that, Motorola even came to a conclusion.
That is, the touch screen of a mobile phone can only be resistive, not capacitive.
As an established and authoritative mobile phone manufacturer in the industry, it is really irresponsible to make such a conclusion.
If Wu Tao hadn't known that the future of mobile phone touch screens would be dominated by capacitive touch screens, he might have been influenced by Motorola's conclusion.
Ultimately, Sam ends with an incoherent conclusion.
Everyone felt that this case had no investment value, but Wu Tao said: "Give him 100,000 US dollars to try."
Now that the big boss has spoken, the people below can only do it.
But no one took this matter to heart and just regarded the 100,000 US dollars as wasted.
After sending Sam away, Wu Yingying invited Wu Tao to her office to start further work reporting.
"Boss, a lot of international capital has been moving to the Chinese market recently. Even Quantum Fund has accelerated its cooperation with Berkshire and is preparing to enter the Chinese market in a big way."
"...Then the California branch of Tianqi Investment should also shift its focus to the Asia-Pacific market?"
Wu Tao shook his head, "The focus of the California branch's work will remain unchanged for the time being."
Wu Yingying asked: "Is the boss trying to prevent all eggs from being put into the same basket?"
"Risk avoidance is only one aspect." Wu Tao nodded and said: "But the current influx of so much international hot money into the domestic market has a big impact on the domestic monetary system and financial system. At this time, we should not add more trouble to the country. Trouble."
"...Furthermore, when all the international capital hot money is pouring into the emerging market of China, then the traditional markets of Europe and the United States will be exposed in front of us. With the impact of the development of the Chinese market, there may be many European and American markets. Chance."
"...When the time comes, it's time for you to make acquisitions and inject capital. It's up to you to grasp and balance the asset structure and investment portfolio of Tianqi Investment."
Wu Yingying's eyes lit up, "Boss, you have such a big appetite!"
"That's interesting, isn't it?" Wu Tao smiled, "When one day, Tianqi Investment can attack on a global scale, then it will truly be able to stand side by side with international consortiums."
"I understand, boss." Wu Yingying nodded and wrote it down in her notebook.
After talking about this, Wu Yingying immediately picked up a document and handed it to Wu Tao: "Boss, this is the current stock investment list of the branch. Please check it."
Wu Tao took it and took a look. The branch company took advantage of the collapse of the Internet bubble to acquire a lot of potential stocks.
Among them, there are many from Amazon, Microsoft, and Apple, and their weight is considerable.
Now that the impact of the 9/11 incident has passed, the Nasdaq has begun to steadily recover, and with it the prices of these stocks have risen. The momentum has the meaning of making up for the increase after suppression.
"Well done, keep up the good work!" Wu Tao glanced at him and encouraged him.
After working at Tianqi Investment Branch for a long time, when it was time for dinner, Wu Tao declined Wu Yingying's invitation to entertain him, and Shi Shiran went downstairs to attend Yang Zhiyuan's appointment.
This is the first time the two of them have eaten together now that they have known each other.
Sure enough, Jerry Yang has lived in the United States for so long, and his way of thinking and behavior are full of American style.
Otherwise, if it were two Chinese people, they would have eaten and drank together countless times.
When Wu Tao arrived, Yang Zhiyuan had already arrived.
It's just that unlike last time, when he was in high spirits, Lao Yang today is a bit gloomy.
After taking the big menu and ordering, Wu Tao had the opportunity to ask, "Mr. Yang, what is it that makes you look like this?"
Yang Zhiyuan sighed, and then said frankly: "To be honest, this time I made a special trip to ask Brother Wu for advice!"
Wu Tao waved his hand, "What's wrong with asking for advice? We are learning from each other and improving each other."
So Jerry Yang began to get down to business.
"Since the Nasdaq stock market rebounded, I have found that Yahoo's stock rebounded and was unable to continue." Jerry Yang began to complain: "Stocks are the most direct response to corporate operations. Currently, the board of directors is putting more and more pressure on me. The bigger it gets, I see the company’s market value shrinking like this, and I’m really helpless.”
This is indeed not a simple question.
But regarding the development of portal websites, Wu Tao is very clear that it will eventually be replaced by another targeted news model.
So he didn't have a particularly good idea. He just reminded: "If Mr. Yang has time, you can try to exchange some opinions with Mr. Ding of NetEase. I think you are both portals, so you must have many common topics to talk about."
Although it is not a substantial answer, it is a dead end.
Yang Zhiyuan nodded and took note, and then started to ask straight to the point: "Brother, now that international capital and hot money are running to China, it seems that China is bound to take off again. You said that under this background, Yahoo's entry into the Chinese market is Shouldn’t we do it with great fanfare?”
This is about risk.
So Wu Tao smiled and said, "Mr. Yang, you can rest assured. China's market potential and capacity are much greater than we imagined."
Yang Zhiyuan cheered up and said: "Now that my brother has said this, I can safely exchange shares with Alibaba and cooperate."
Wu Tao agreed: "This is indeed a good way to avoid risks. But in the final analysis, Mr. Yang still has to find a route suitable for the extension development of the portal."
"I understand, brother!" Yang Zhiyuan said with a relaxed look on his face: "I will learn from the friends you introduced later."