Reborn Entrepreneurial Giant

Google’s internal code warehouse is said to have more than one billion lines of code, and Windows seems to have 50 million lines. Qu Li doesn’t know how many internal code warehouses there are in Jumei. Anyway, he can’t understand it, but he knows that there is such a thing, including Qu Li arranged for people to try to get in touch with GitHub, which is popular among programmers.

Although Qu Li is not a programmer who does not understand programming, he is familiar with GitHub. He often downloads software and applications from this website, including drone flight controllers. Anyone who loves to fiddle with software and hardware technology products should not be familiar with GitHub.

Investing in this website is not about making money. Automatic programming of artificial intelligence should require a lot of code training, and GitHub has a lot of high-quality open source code. He's raking grass and beating rabbits, whether it's useful or not, let's invest first.

Another investment is not so simple. This is a small company with great growth potential. This is Stripe, a financial payment company. In the future, this company will be valued at close to 100 billion US dollars.

Why doesn't Qu Li make third-party payment in the United States? Of course, it’s because he doesn’t have enough energy. He didn’t even start Jumei Payment, let alone develop third-party payment overseas. It’s better to buy shares in advance to leave a wedge for future acquisitions. Even if he can’t acquire, he can still make money.

Stripe is an entrepreneurial project incubated by Y Combinator, a well-known entrepreneurial incubator in the United States. The founders are brothers Patrick and John from Ireland. Entrepreneurs of overseas Internet technology companies are generally "geniuses", and so are the two brothers.

Shopee is a B2C platform that supports credit card payments to company accounts without the need for third-party payment intermediaries. Qu Li's investment in Stripe is for Shopify. In the short term, it is impossible for Shopify to develop its own payment tools until their business model is cleared. Let's talk about it then.

These two investments in GitHub were made through Fanxing Fund, and Stripe was made through Jumei, so that a Shopee executive asked Qu Li, "Do you particularly like the letter S?"

"I like women with an S-curve..." Qu Li said honestly, counting the companies under his umbrella, Shopify, Shopee, and Shein. Fortunately, Glory does not have an S-curve, otherwise it would be hard to explain. Can he say it was a coincidence? Do you want to stop investing in an "S" corporation?

Or wait, investing in Stripe and GitHub isn't done yet.

While Qu Li was busy with him in Silicon Valley, Ma Yun held a media communication meeting in Hangzhou to formally respond to the payment insurance incident, saying that her decision to transfer equity was "imperfect" but "correct".

Before that, he also participated in a meeting in the United States, where he explained the issue of payment insurance shares. American media such as Barron’s did not take this matter seriously, and the importance of Alipay did not appear in 2011. After coming out, they generally think that Alipay's compensation is easy to talk about, and the matter of repurchasing the shares of Ahri Group is more complicated.

At the beginning of the year, Ma Yun proposed to acquire 15% of Yahoo’s shares in Ali for US$3.5 billion, but was rejected by Yahoo’s CEO. According to Yahoo's most recent quarterly financial report, it holds a 43% stake in Ahri.

The relevant domestic departments are worried that Ahri will be controlled by Yahoo, which is completely justified. Therefore, Jumei has almost no difficulty in obtaining a payment license, just because Qu Li has obtained super voting rights, and the same is true for Baidu Li Yanhong. Brother did not encounter difficulties.

The media vaguely mentioned that it is also a VIE structure. Why is Ahri the only one who is okay with others? This is pretending to be confused. Before that, Ma Yun's team could have been eliminated, but now, with the nuclear weapon of payment guarantee, it is basically impossible to be eliminated.

Qu Li originally wanted to go back to China, but on June 30th there will be a Nortel Networks patent auction, which will have a huge impact. He wants to see if Honor can sign a binding contract with Motorola before that day.

However, before that, Honor held a new product conference in Silicon Valley, attended by the senior vice president of Microsoft, and jointly released Honor mate x1 based on Windows Phone 7.5, mate P1 based on KOS, and HPad 2 with self-developed chip and KOS system .

Less than two weeks after the launch of the IPhone 4S, Honor released a new phone. It was definitely not a temporary idea, especially when Honor joined the Windows Phone camp, which has a great impact on consumers.

Affected by this, Microsoft's stock price rose by several percentage points, and Google's stock price fell by several percentage points. The next day there was a rush to buy the Honor flagship store here. Microsoft bought a lot of drafts, boasting that the excellent performance of Windows Phone mobile phones exceeds that of IOS.

As for the Qualcomm chip being worse than Apple's A5, that's nothing. Anyway, the Honor mate X mobile phone has won, and it is "far ahead" again under the bragging of Microsoft Qualcomm.

Qu Li is not easy to brag, so he did not attend the press conference.

Honor released two mobile phones at the same time, a Windows Phone mate X priced at $549, a KOS mate P priced at $499, both lower than Honor 4 plus at $599 and IPhone 4S at $649.

The iPhone is priced higher, but it sells better, and it doesn't help to be far ahead, only a lower price can bring more sales. Of course, Honor's brand power is taking shape, and the MV of the brand promotional song "Sea Shanty Medley" has finally surpassed 500 million clicks on YouTube after a few months.

This magical divine song became popular in European and American society, and became popular with singer XX, including Liu Yifei, who also left a very deep impression on people. At the same time, it promoted the sales of self-balancing vehicles and drones, making these two projects profitable.

It's a pity that the possibility of exceeding 1 billion hits is very small. There is no way to do this. The "dance" of this divine comedy is not as spreading as Gangnam Style at all.

Fortunately, the two mobile phones have been on the market for a week, and the sales volume exceeds 5 million units. They are still second only to IPhone 4S and Honor 4plus in the world. Domestic prices rose to 3499 yuan and 3999 yuan respectively.

With the existence of Qu Li, the mobile phone is light, thin, high screen-to-body ratio, and the trend of large screens. Of course, Honor will not miss it. It can be said that Honor has been leading the development direction of smartphones. Samsung has exposed the Galaxy S II and Honor mate P uncompetitive in comparison.

The evaluation of Windows Phone 7.5 in the market is mixed. The lack of applications is the main problem. There are too few developers who adapt to this phone. , This requires developers to re-develop, how can a small team have this energy, and a large team needs to consider the cost performance.

But even so, relying on the influence of Honor, it sold 1 million units worldwide within a week, and then there are all kinds of regrets from consumers. The performance is good, the response is fast and smooth, and the battery life is longer, but the playability is not high.

The word-of-mouth of Honor Mate X is polarized. Consumers are not happy, and even more unhappy is Google.

Qu Li said on Twitter: "The cooperation between Honor and Google will not change. The use of Windows Phone system mobile phones is to have one more choice and improve Honor's ability to deal with risks..."

However, a bigger blow came one after another. Microsoft and Apple bid for the patent package of Nortel Networks at a price of 4.5 billion US dollars. This price is 5 times that of Google's 900 million US dollars. Definitely not going to increase the price.

It has just been approved by the relevant department to acquire the patents of Nortel Networks, but it was immediately slapped in the face. Who can understand Google's hard work?

So Qu Li was once again invited by the Sun Valley Conference to participate in this big gathering this summer.