My Age of Investment

  Chapter 485 IoT Internet of Things (seeking monthly ticket)

  "Abel, Li Ying, the work content of the two of you is different from your colleagues in VCs and hedge funds."

  As soon as Xia Jingxing finished speaking, Duck Neck and Li Ying nodded.

  They basically knew what Xia Jingxing thought.

  "VC funds and hedge funds all take the pursuit of high returns and profit as their primary goals, and you both have the most funds in your hands, one fund of funds and two PE funds.

  So much money, I want to use it to invest in the industry for five, ten years or even longer-term layout. "

  Duck’s neck nodded and smiled, “Boss, I know that when I went back to the United States for a vacation some time ago, I also sacrificed a precious day of vacation. I went to the Android company to check it out and chat with Andy Rubin.

  Although several of their founders are financially free, because the boss you promised to give them a 10% option on the team, they are doing a lot of work right now.

  According to my observations, a few people are indeed a bit geeky, the kind that will not give up unless they make a new generation of mobile operating system.

  In addition, after the boss, you acquired Android, you injected them 50 million US dollars in research and development funds, and there is no further restriction on funds. Their research and development progress is very fast...

  In short, everything is developing in a good direction. "

  Xia Jingxing nodded, “The Android mobile phone operating system is only one part of the industry that I have laid out.

  Chushu Fund of Funds took out nearly half of the funds to invest in the mobile phone industry.

  I will make a big bet in the next shocking game! "

  Hearing this, Fu Jixun, Ricky, Liu Hai, and Jiang Ping, who are in charge of VC and hedge funds, all showed serious expressions.

  Although the Chushu Fund of Funds has little to do with them, it is always a company, and it can be regarded as a prosperous company.

Few people don’t understand the mobile phone industry. Only Ricky came from the founding team of Android. He admired the geek spirit of Xia Jingxing. He said with a smile: "Dalun, although I am no longer in charge of Android, and I don’t manage the Office of Summer Fund, I’m right. Your idea of ​​developing a new generation of mobile phones is to express 10,000 support.

  This is different from ordinary VC and PE. You are investing in the next era.

  Once it succeeds, it will eat up all the dividends of the times, and our originally unrelated funds may all benefit from it. "

   "Exaggerated, exaggerated."

  Xia Jingxing smiled and waved his hand, "I'm still just starting now, I have talked too far."

  That being said, Xia Jingxing was already happy.

  Furthermore, Ricky is very visionary. It is absolutely correct to say that the mobile phone industry is crushed, and other funds will also benefit.

  In previous lives, several funds have cooperated with Apple in the "Apple Developer Fund", which specializes in investing in small companies that develop games and various applications for Apple's operating system.

  There is no such fund on Android, because Google has Google Ventures, and the person in charge is precisely the one in front of Ricky.

   "Where is Ahri?"

  Duck neck asked, and then wiped Xia Jingxing's neck.

  Xia Jingxing laughed, "Okay, don't make any random gestures. Jack Ma regards corporate control as more important than anything else. We are a standard financial investment. Don't think too much about other things."

After all, Xia Jingxing looked to Deng Yuanyun of the mobile phone industry M&A fund and Zhang Zhao, the film and television copyright fund, for their own orders.

  The work content of the two is not only about making money, but also related to the industrial layout.

  Both of them are also clear about their responsibilities. One is to serve mobile phones and invest in the upstream and downstream industries of the mobile phone industry; the other is to serve Tudou and invest in the film and television industry.

After explaining to the two of them, Xia Jingxing looked at Li Ying.

  Li Ying is wearing a white lady's professional suit, her long black hair is still habitually draped over her shoulders, and she looks very capable.

  At the same time, she is also the only woman present.

  Seeing Xia Jingxing's gaze swept over, she and Xia Jingxing looked at each other.

   "I think you should know what I told you before, choose a certain industry, right?"

  When interviewing Li Ying, Xia Jingxing didn't disclose much, just said that he would choose one or two industries for the main layout. Bailu PE Fund also serves this.

  Li Ying nodded and smiled, "Mr. Xia, I understand, it's the mobile phone industry."

"mistaken!"

  Xia Jingxing shook his head and laughed, looked at Deng Yuanyun, raised his chin, “In the mobile phone industry, there is only old Deng. The 250 million US dollar mobile phone industry fund he manages is exactly for this service.”

"That is……"

  Li Ying committed confusion.

  Xia Jingxing smiled and said: "Let me tell you a personal experience first!

  At the beginning of this year, I was invited by Bill Gates to visit his mansion "Xanadu 2.0"..."

Xia Jingxing's opening immediately attracted everyone.

  After Xia Jingxing finished speaking, everyone was still immersed in the technological sense of that magic mansion.

   "Is this true? Bill Gates' house is really as high-tech as the media said?"

  Duck Neck was very interested in Gates’ mansion, and asked inconceivably after hearing it.

  Xia Jingxing smiled slightly, "Of course, after all, the world's richest man, for his own family, he must have invested a lot of money."

  "Auto-sensing lighting, security, surveillance, background music, home theater..."

   Li Ying muttered, and began to summarize the key words Xia Jingxing just described.

   "Yes, these things have become a very interesting concept, I call it "smart home"."

  Listening to the boss uttering such an interesting word, everyone muttered silently and began to think.

  Li Ying asked: "Mr. Xia, do you mean that Bailu Fund invests around the concept of smart home?"

  Xia Jingxing shook his head again, “Smart home is just the basic application of this technology in the family, oh, yes, this technology is called Internet of Things, or IoT for short.

  It integrates various information sensors, radio frequency identification technology, global positioning system, infrared sensors, laser scanners and other devices and technologies.

Collect various required information such as sound, light, heat, electricity, mechanics, chemistry, biology, location, etc., through various possible network access, realize the connection between things and things, things and people, and realize the intelligence of things and processes Intelligent perception, recognition and management. "

   "How does it sound like a hodgepodge? And it seems to be a technology-intensive industry."

  Xia Jingxing looked at Li Ying and replied, “You’re right. With the current technology, it’s not that difficult, otherwise it’s not only Bill Gates’ home that can afford it.

  The related concepts of the Internet of Things first appeared in Bill Gates' 1995 book "The Road to the Future".

   But limited by the development of wireless networks, hardware and sensing equipment at the time, this technology can only stay on paper, or like Bill Gates, laying 80 kilometers of cables under the mansion underground. "

   "The technology was not good at that time, but now ten years later, has the technology reached?" Li Ying asked.

   "It still doesn't work, but the light has already appeared!"

  Xia Jingxing took out his mobile phone and threw it on the table, "Bill Gates also has a remote control at home. If a new generation of smart phones are developed, this will be the remote control for smart homes."

  Everyone was at a loss, Xia Jingxing had to explain it patiently.

  Li Ying herself has a background in computer and electronic engineering. She has also worked in the communication equipment industry for many years, and she quickly understood the principles.

  She asked: "So, is the Internet of Things technology a key development direction in the future?"

  "The Chinese Academy of Sciences started research on sensor networks as early as 1999, and has achieved some scientific research results and established some applicable sensor networks.

  In the same year, the International Conference on Mobile Computing and Networks held in the United States proposed that sensor networks are another development opportunity facing mankind in the next century.

  In 2003, the American "Technology Review" proposed that sensor network technology will be the top ten technology that will change people's lives in the future. "

  Xia Jingxing has been studying the Internet of Things for a long time. At this time, various reports are readily available.

  After finishing speaking, he added: "Oh, yes, it is generally called the sensor network now, not the Internet of Things."

  "What do I need Bailu Fund to do?"

   Li Ying felt that the burden on her body was really not easy, and the direction was still very confused, and she gave a wry smile: "A lot of technologies are still in the laboratory at this time? You can't let Bailu Fund invest in the laboratory, right?"

  Duck's neck glanced at Li Ying, there is a common language, and the same is true for the two funds he manages. The boss likes to invest in some future technologies. It is very risky!

  But, it succeeded, and the benefits are also huge!

  (End of this chapter)