Reborn Entrepreneurial Giant

Chapter 69 US Real Estate

Qu Li's visit to the Apple headquarters was just a visit, and they didn't see Qiaoboos until they left.

"I'm sorry, I let you make this trip for nothing." Qu Li was quite embarrassed. He thought he could meet Qiaoboos, but unexpectedly, he met Tim Cook and chatted for a few minutes. I feel a little overwhelmed in front of Zhou Shaoning.

"This is very normal. Without a certain status, it is difficult to get their real recognition."

"Then do you want to go to Google?"

"Go!" Zhou Shaoning didn't stop. After all, Schmidt gave the phone number himself and called him today. It should be impossible to say that there is nothing wrong.

Feeling meaningless, the three of them left Apple after noon and discussed what they might encounter when they went to Google tomorrow.

"Maybe Google is also developing a mobile operating system or similar products. After seeing the iPhone, they have new ideas." Qu Li guessed that the initial direction of Android is likely to be different from that of IOS, otherwise it would not be delayed until 2007. end of the year.

"Google really wants to enter the smartphone business?"

"They don't have many choices. If the IPhone really opened up the mobile Internet era, Google will either follow up or be eliminated, because if the initiative is in the hands of Apple, Google is not the only choice. Yahoo and Microsoft may become the mobile Internet era. King of..."

"Indeed, so Google will definitely invest in this direction, but unfortunately we don't have any accumulation." Zhou Shaoning quickly understood the logic. If they have a powerful mobile phone company, they can occupy a certain amount of cooperation with Google at this time. Advantage.

"If Google can really take us to pretend than take us to fly..."

"..."

"It's hard to say, but it's true, and the probability of success with the thigh will be higher."

"Try to fight for it, there are too many companies that want to cooperate with Google."

The three communicated for a while, and Zhou Shaoning left. Qu Li and Zhang Yiwen also wanted to take a stroll in the United States.

"There aren't many high-rise buildings here?" After walking around, Qu Li was surprised to discover this phenomenon.

"Silicon Valley is in an earthquake zone, and there are legal restrictions." The driver arranged by HSBC answered Qu Li's question in front of him.

"There are no tall buildings, so the house prices here won't be very expensive, right?"

"It's quite expensive. There are too many high-tech companies here, and many of them are not short of money. Housing prices have been rising for many years."

"It's not easy for ordinary people to buy a house, right?"

"The past few years have actually been quite easy, but last year the Federal Reserve started raising interest rates, and recently the interest on loans to buy a house has increased a lot."

"It was easy before, how easy is it?"

"Three years ago, my friend did not have a stable job and his income was not high, but he bought two or three houses in Los Angeles with a loan. Well, he bought seven houses now..."

"Isn't the risk too great?"

"Who says it's not, but housing prices keep rising, and he has made a lot of money. If you want to buy a house, I can introduce you." The driver is a Chinese from the United States who was born in Xiangjiang.

"Forget it, you didn't just say that the Fed raised interest rates, and I didn't just need it, so wait a minute." Qu Li actually had a lot to ask at this time, but he didn't know how to say it

"Do you know how real estate works in the United States? Why can ordinary people without a job buy a house, while Xiangjiang..."

"The policies here are different. The financial market is very developed. There are two policy mortgage institutions, Freddie Mac and Fannie Mae..."

"Aren't they afraid of losing money? What if there is a large-scale default?"

"They also thought of what you thought. Goldman Sachs and other investment banks have developed CDS products. Once the insurance company defaults, it will be responsible for losing money to the bank."

"What is a CDS?"

"This, this is quite complicated."

"Ask your person in charge to prepare me a piece of information on real estate in the United States, especially related to CDS. Why do I feel that this thing is very dangerous?" I'm going to put a lot of it in his arms.

"When do you want it?"

"Just when you go back to the hotel at night, can you do it?"

"No problem." The temporary driver cursed inwardly, without any expression on his face

In fact, Qu Li didn't have much time for wandering around at this time, but he happily accompanied Zhang Yiwen to see the scenery everywhere, and learned more about the real estate market in the United States.

"Did you forget that there will be a financial crisis every 8 to 10 years? It has been 7 years since the Internet bubble burst in 2000. The Chinese market has been advocating a real estate bubble. What if the US real estate bubble bursts first... ..."

"The so-called statistics of a financial crisis every 8 to 10 years are not accurate. It is said that the adjustment of the financial industry itself will bring certain fluctuations to the market..."

"Let's do an on-site investigation?" Anyway, it's okay, Qu Li doesn't mind walking around

"..."

"It's asking real estate agents about house sales, price rises and falls, and defaults..."

"There is no need to ask, the relevant departments will release these data regularly."

"Oh!" Qu Liluo was a little disappointed. After discussing with Zhang Yiwen for a while, he went to Tesla's factory in California, um, a small workshop.

"Is this the New Energy Automobile Company?" Zhang Yiwen thought they had met a liar

"Maybe it's the same during the start-up period. We don't start a business in an urban village."

"It's only been a few months. Didn't they say it's been established for several years?"

This must really admire the founders of Tesla, Martin Eberhard and Mark Tarpenning. They were able to persist in the company for four years with almost no income, just to create a car that fit their imagination. of pure electric vehicles.

"Why are you here?" Musk happens to be in Silicon Valley these days, in the company.

"I am very interested in pure electric vehicles, so I want to take a look."

"You're interested in this too?"

"Well, last year, a battery company released a pure electric car, but it hadn't been sold yet. I was interested in this at that time, but they are a big company, and I am a small person. I can't see their responsibility. People.” Qu Li is not talking nonsense, BYD went public in 2002, and Wang Chuanfu’s net worth exceeded 3 billion at this time.

"That's a pity." Musk said, a little disapproving in his heart. General Motors is going to give up, and China's battery company also wants to make it?

"When will your car go on sale?" Qu Li asked curiously

"Well, don't worry, there are still some problems that have not been resolved." Musk was embarrassed, mocking others in his heart, but he couldn't do it himself.

"Oh, I wanted to buy one to show my support for this industry."

"Our car probably won't be delivered until next year, and it's about $100,000."

"..." Zhang Yiwen pulled La Quli

"It seems that it is difficult for me to support you. The price will double when you ship it to China." Qu Li was also embarrassed, forgetting that Tesla, a fake car, was originally a luxury car brand.

"It doesn't matter, there will be cheaper pure electric cars in the future." Musk expressed his understanding. There are not many people in the United States who support it, let alone the heroines. Qu Li is at least very frank.

Then Musk talked about his strategic plan: build a sports car, that is, Roadster; use the money sold to sell sports cars to build moderately priced cars, namely Model X and Model S; use this money to rebuild more affordable cars, namely Model 3 and Model S Model Y...

I have to say that he has a good pen, this road really made him go through, can BYD replicate this development route?

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