Chapter 383 5 Trillion

On the morning of November 20, 1994, Qualcomm developed a technology. Li Zetian was overjoyed and went to the company to inspect.

"Mr. Li, you see, this is the wireless LAN communication technology wifi we developed. The short-distance effective coverage can be within 50-100 meters, if there are no obstacles..." Qualcomm CEO Owen Jacobs The doctor brought Li Zetian to the laboratory and demonstrated the function of wifi while explaining.

Li Zetian nodded secretly and smiled with great satisfaction: "Well, not bad, it's better than I imagined!"

Dr. Owen Jacobs smiled: "Of course, WiFi still has a lot of room for improvement. We are confident that we can develop more powerful WiFi."

Li Zetian smiled and did not doubt Qualcomm's strength.

"Have you applied for a wifi patent?" he asked.

"Of course I applied!" Dr. Irving Jacobs replied.

"Well, the key now is to promote WiFi standards!!!" Li Zetian said, "Promoting WiFi standards cannot be separated from the support of other companies. Qualcomm can cooperate with Galaxy Networks to develop WiFi wireless routers, and at the same time, cooperate with Apple company, computer manufacturers such as Mango Computer Company, and Microsoft Corporation to develop wifi wireless laptops!"

Qualcomm does not have its own factory and is an intellectual property (IP) supplier, similar to ARM.

Therefore, Qualcomm does not produce its own wireless routers. In addition, routers are originally monopolized by Galaxy Networks, and the wifi wireless routers are produced by Galaxy Networks, which is naturally the most suitable.

Dr. Owen Jacobs smiled and said: "Mr. Li, I have this plan!"

Li Zetian nodded, and then asked about the development of CDMA.

At this moment, an Australian research institution is also developing WiFi and will be a strong rival of Qualcomm.

Under Li Zetian's very active leadership, Qualcomm, Galaxy Networks, Apple, Mango Computer, and Microsoft came together to discuss cooperation matters.

With the help of Qualcomm, the development of wireless routers and wireless laptops will become very easy.

And Li Zetian also believes that with the support of so many powerful companies, establishing WiFi standards should not be a problem. By then, even if Australian research institutions launch their own set of WiFi standards, they will not become popular.

…

Soon, 1994 passed without realizing it. By the end of December, there were more than 100,000 new Internet companies in the world, which is simply jaw-dropping.

During this period, some other Internet companies were listed on Nasdaq, and their market value was quite high, far exceeding the value of the website itself. This led to more people's fanatical pursuit of Internet companies, and even completely lost their Losing reason is almost blind.

Of course, there are still some cautious people who are secretly surprised and worried that this will be a different kind of tulip bubble!

However, this kind of small voice is pitiful. The current Internet boom is a huge trend and no one will listen to the advice.

January 10, 1995.

The number of registered users of qq reached 29.5 million.

For such a long time, Tencent has been burning money, with a loss of 15 million US dollars in one year, which has made the industry look bad. Public opinion has become more and more skeptical. Many people ridiculed Li Zetian for establishing Tencent, which was purely a loss. Buy and sell.

Even Time magazine published a satirical remark.

However, at this moment, Tencent finally made the most powerful counterattack against these public opinions.

Tencent held a press conference, and dozens of telecommunications companies and mobile phone manufacturers such as Sprint, MCI, AT\u0026amp;T, Apple, and Nokia attended the press conference.

"Hello everyone, welcome to Tencent's press conference. Recently, due to Tencent's serious cash burn, it has aroused doubts in the industry, and many people even concluded that Tencent will go bankrupt sooner or later! Haha, I want to say, I'm sorry, Not only will Tencent not go bankrupt, on the contrary, it will become a great company, a Fortune 500 company!!" Tencent CEO said loudly.

"Chronos Li once said that in the Internet era, traffic is money! This sentence can be called a wise saying!"

"QQ software has nearly 30 million users, and the daily traffic is huge! Many people ridiculed Tencent for its inability to make profits. In fact, we have found profit points long ago, but in order to attract more users, we did not immediately Take action. Now, QQ software has occupied the instant messaging market, and the time is ripe..."

"Now, I will solemnly introduce to you the profit methods of QQ software!"

"Tencent will launch QQ membership and value-added services. All paying users can be called QQ members and enjoy value-added services. Value-added services include QQ level acceleration, increase in the upper limit of the number of QQ group members, QQ shows, and top red names..."

"Everyone, please look at the big screen. The new version of QQ software will present these value-added services to you one by one!"

As the CEO of Tencent explained, everyone in the audience was in an uproar.

"Damn, I've ridiculed Tencent before for not finding a profit point, but I didn't expect Tencent to come up with such a wonderful idea!!! QQ membership and value-added services... I have to say, it's really amazing!!!"

"There are almost 30 million QQ members. If only one-tenth of the people pay, there are still 3 million! Oh, God, isn't Tencent making a lot of money!"

"Hungry, QQ membership is not permanent, and you have to renew it every month... This is crazy, Tencent is losing money, you can imagine, this is so profitable~~!!"

"..."

The audience was noisy and there was a lot of discussion.

Tencent employees are now proud. Didn’t you laugh at Tencent before that it was a money-loser? How are you now? Do you still dare to say that we are losing money? Humph, don’t even think about who founded Tencent. Chronos Li is such a genius, can his company lose money?

The CEO of Tencent pressed his hand to signal everyone to be quiet. He said proudly: "That's not all. Tencent's profit points are far more than this!!!"

“What other ways does Tencent have to make money?!!”

When everyone heard this, they were shocked again.

They already feel that Tencent's profit method is awesome enough, and they really can't think of any other way.

At this moment, the CEO of Tencent invited representatives from Sprint, AT\u0026amp;T, Apple, and Nokia to the stage.

Everyone looked at them with confusion in their hearts.

"What's going on? Why did Tencent call them on stage?"

"Sprint and AT\u0026amp;T are telecommunications companies, Nokia is a well-known mobile phone manufacturer in Europe, and Apple is not only a manufacturer of personal computers. In the past two years, it has also been involved in mobile phones, defeating Motorola in one fell swoop and becoming the world's largest mobile phone manufacturer. Could it be that...Tencent wants to install QQ software into mobile phones!!!" At this time, very smart people in the audience had already guessed Tencent's idea.

"Hello everyone, next I will focus on introducing Tencent's biggest profit method-wireless value-added services!!! As you can see, there are telecommunications companies on the stage, as well as mobile phone manufacturers. Telecom companies such as Sprint and AT\u0026amp;T They will jointly form Monternet and jointly build WAP, a platform for mobile Internet access. Mobile phone manufacturers such as Apple and Nokia have expressed support. QQ software will join Monternet, and telecom users can choose to subscribe to a monthly subscription or pay according to traffic to activate WAP. Internet access on mobile phones. In other words, mobile phone users can use QQ software on their mobile phones in the future!"

"This is Tencent's wireless value-added service. We charge part of the fee from the telecommunications company. The more users who subscribe for monthly subscriptions or use data, the more Tencent will make! According to statistics, there are 3,000 GSM and CDMA mobile phone users combined. More than 10,000. However, with the improvement of manufacturing technology and the reduction of material prices, mobile phones are no longer expensive. Its popularity is very fast, and it is expected to exceed 50 million!"

After listening to the introduction of Tencent CEO, everyone couldn't help but take a breath. Tencent actually used mobile phones to expand the number of users and influence, and also made huge profits from it! Oh my God, who the hell came up with such a brilliant idea! ! !

At this time, people were not only shocked, but also shocked!

Tencent is so awesome, it’s just a blockbuster.

And he was so tolerant...just to explode at this moment and slap everyone in the face.

Experts and professors were silent.

The keyboard warrior retreated.

Media opinion immediately changed.

The next day, when all QQ users log in, the software will be automatically updated.

The new version of qq has more functions and is more interesting than the old version of qq.

There are so many users who have become QQ members, with 530,000 people added in just one day.

The monthly membership fee for QQ is 2 US dollars, which is neither expensive nor cheap. European and American users have very strong spending power, so this amount of money is nothing.

One month later, QQ members reached 9 million, which is equivalent to earning 18 million US dollars. This is the first month's income, and there will definitely be more QQ members in the future. If wireless value-added services are included, Tencent's annual revenue may exceed US$1 billion.

Tencent is making so much money. When the people on Wall Street looked at Tencent, their eyes were red, and they wanted to invest in Tencent. It was a pity, because Tencent was Li Zetian's company, so they didn't need their investment.

Wall Street really loves and hates Li Zetian.

Once the company founded by Li Zetian goes public, they can make a lot of money. However, for the company he founded, Wall Street had no chance of taking advantage of it before it went public.

At this moment, Wall Street's valuation of Tencent suddenly jumped from 2 to 3 billion US dollars to 30 billion US dollars, which shocked many people.

Within Tencent, I don’t know who accidentally spread the news that the design of QQ and those wonderful ideas were all thought up by Li Zetian.

For a time, everyone was shocked by Li Zetian!

There is a lot of discussion on the Internet, and it is even more endless.

Li Zetian broke into a cold sweat while reading the comments from netizens.

"Oh no! Someone actually wants to open my head and see what's inside... How is Chronos Li so smart?!"

"Who the hell did I provoke~~~"

Li Zetian was very innocent, but he really felt a sense of crisis in his heart. He thought that if he performed so well, would he be regarded as a guinea pig? Damn it, you need to hire more bodyguards when you go out from now on.

It seems that I will have to keep a low profile in the future.

Come on, I’ve made a lot of money on the Internet, and it’s time to focus on investing in other industries. This year is already 1995. In two years' time, the Southeast Asian financial crisis will break out again. There will be many opportunities to make money in the future. The amount of money we have on hand now is really terrifying, and we can only spend it by investing in high technology like crazy.

In fact, Li Zetian worked so hard to make money because he was afraid of lack of funds for scientific research in the future.

Li Zetian looked at Dongfang Yuqin and said, "Yuqin, let's count how much cash reserves the umbrella company has now."

Dongfang Yuqin was slightly startled, "Mr. Li, have you made any big moves recently?"

"Yeah!" Li Zetian nodded and said, "I want to set up a super nuclear energy laboratory, super solar energy laboratory, super nano laboratory, and super new materials laboratory!"

In terms of energy, Li Zetian has a "Global Power Company" under his name, originally called the Hong Kong Electric Light Company, which integrates power generation and power supply.

Breakthrough achievements in nuclear and solar energy laboratories could boost the development of power companies around the world.

Especially for the Super Nuclear Energy Laboratory, Li Zetian naturally hopes to develop nuclear fusion technology in his lifetime! !

By then, there will be no shortage of energy on the earth, and nuclear fusion can also be used in the aerospace industry, so interstellar long-distance travel will not be a problem.

Dongfang Yuqin nodded and said: "Okay, I will order the financial statistics immediately."

"Um."

Because Li Zetian had so much wealth, it would take a long time just to count them.

Two weeks later, Dongfang Yuqin placed a piece of data in front of Li Zetian's desk.

"Mr. Li, the property data statistics are complete, please take a look."

Li Zetian took the document and looked at it. Damn it, I didn’t know if I didn’t look at it. I was so scared when I saw it. It turns out that I am already so rich!

This data report is very complicated, because the umbrella company's huge cash reserves are not only deposited in the bank, but most of the funds are used in various investments.

Investment, of course, is money and makes money.

The more than one trillion US dollars earned by the Soviet Union has basically not been used. Over the years, investment income and dividends from companies under Li Zetian's name have added up to an astronomical figure.

"Mr. Li, the members of the family office have made a detailed calculation of your current net worth. It has exceeded 5 trillion US dollars! The umbrella company has invested in a large number of real estate, bonds, stocks, funds, etc., and can be called upon in a short time. The funds are 300 billion US dollars!" Dongfang Yuqin said slowly.

5 trillion US dollars, this is really a rich country!

As far as Li Zetian knows, many of his businesses are still in their early stages of development. In a few years, his net worth will not exceed US$10 trillion.

Let’s just talk about Li Zetian’s investment in China. With the development and growth of China, his assets have increased dozens of times!

Crazy, Li Zetian was so happy that he almost went crazy!

Set a small goal, Mader, to earn 10 trillion U.S. dollars before 2000! ! !