nucmednet Chapter 51 The Story of the Richest Man: Investing in Brain-Computer Interfaces
Chapter 51 The Story of the Richest Man: Investing in Brain-Computer Interfaces
"Boss, do you know Elon Musk?"
"Holy shit, that's a big shot, a leader in the new energy vehicle industry, and he actually wants to invite you to dinner?"
"Boss, New Zealand dollars!"
The cowboys all gave a thumbs up.
The lawyers couldn't help but burst into laughter; these guys had no idea how capable their boss was.
(→_→)
Doug made a somewhat embarrassed request:
"Boss, could you take us to see Elon Musk, the legendary owner of Tesla Motors, Falcon rockets, and Starlink? He's my idol!"
Kielson and his team were also full of anticipation.
"Boss, I think you need a few bodyguards, bodyguards who can conceal their guns, like us!"
“That’s right, we have concealed carry permits, so we’re not afraid of robbers. We’ll just send them straight to hell!”
"That's right~"
"That's right~"
Jiang Feng rolled his eyes in agreement, speechless.
"OK, let's go together if you want!"
He led everyone back to the San Francisco Bay Area, where he met Musk at Tesla's headquarters.
Musk is not the richest person in the world right now.
But Jiang Feng was certain that he would definitely succeed in the future!
After all, Tesla's stock is expected to surge tenfold, and its largest shareholder, Elon Musk, is worth a staggering $200 billion.
Is this not enough to be the richest person?
He must be the world's richest person!
What's more, Old Ma also owns shares in Starlink satellite network and Falcon rocket company, he's a high-tech tycoon!
Jiang Feng also greatly admired this kind of person.
"Hello, Mr. Musk, I've heard so much about you. It's a great honor to be invited to the shareholders' meeting."
"Hello, Mr. Jiang!"
Old Ma exclaimed in surprise, "Well, to be honest, I really didn't expect you to be so young. At your age, I should still be studying for an economics degree at Wharton Business School."
That's just polite talk.
Jiang Feng also engaged in mutual flattery: "There's nothing I can do, I didn't get into university, so I could only start a business, and I succeeded by sheer luck!"
"As far as I know—"
“When I was his age, Mr. Musk was already paying attention to clean energy, space, and the internet. I probably wasn’t even born yet!”
Old Ma is a genius, there's no doubt about that.
But the environment is also very important…
He bought a computer when he was ten years old in 1981!
In those days, children in China, like Jiang Feng's parents, often struggled to even have enough to eat.
╮(╯_╰)╭
Do you think the environment is important or not?
Moreover, during his high school years, Lao Ma suffered severe bullying at school, which was also a factor in his success, as many tech giants experienced violence in their childhood.
Old Ma shook his head very seriously and smiled:
Success is not a matter of luck!
"I heard that Mr. Jiang's family is not well-off, but he was able to earn tens of millions of dollars in just one year and has made a firm investment in our company."
"This is hardly luck."
"This is unparalleled investment acumen!"
“Mr. Jiang, your shareholding is sufficient to make you a member of our Tesla board of directors.”
"I warmly welcome you to the board of directors!"
Jiang Feng thought about it for a moment and then agreed indifferently:
"OK, thank you!"
"But I don't usually participate in management voting."
Old Ma secretly rejoiced, "Good, that's great. A good shareholder is one who doesn't vote recklessly and cause trouble."
He invited Jiang Feng and his group to visit the headquarters.
"Mr. Jiang, what are your thoughts on trams?"
"Or rather, what's your opinion on Tesla?"
Jiang Feng casually replied, "Without a doubt, electric vehicles are definitely the future direction of development. As the leader, Tesla's stock price can at least rise several times over!"
"Moreover, other new electric vehicle brands will definitely emerge rapidly, and Tesla cannot monopolize the market."
Old Ma gave a thumbs-up with admiration:
"Mr. Jiang, you have excellent taste!"
I think so too—
"We cannot monopolize the market."
"We cannot monopolize the market!"
"If Tesla wants to monopolize the market, I will not open up my electric vehicle technology and allow other electric vehicle brands to use our patented technology standards and parts manufacturers!"
Tesla opened up its technology in 2014.
It must be admitted that if Tesla hadn't opened up its technology patents and cultivated parts manufacturers in China, it would have been difficult for domestic electric vehicle brands to develop.
It's definitely not just a catfish effect!
Xu Jiao and the others asked curiously, "Mr. Musk, why did you open up your technology patents? Aren't you afraid of being overtaken by other electric vehicle brands?"
Old Ma helplessly shrugged and replied:
"There's nothing we can do about it!"
"First of all, antitrust investigations are no joke. Using technology patents as barriers to gain a market monopoly could result in huge fines."
"Secondly, this market is too big to monopolize. Moreover, the pie hasn't been made yet; it requires the joint efforts of many people."
Xu Jiao: (?_?)?
Xu Lin: (?_?)?
Su Meng: (?_?)?
Jiang Feng smiled and explained, "You should know about plasma TVs, right? In theory, plasma TVs perform better than LED LCD TVs."
"But why were they eliminated instead?"
The three girls were stunned for a moment.
Does "bad money drive out good money"?
Jiang Feng shook his head: "No, it's not the Gresham's Law effect, but rather that the Japanese are hoarding plasma technology and preventing other manufacturers from developing it, indulging in wishful thinking of monopolizing the market."
"As a result, everyone joined forces to develop LED LCD TVs, which drove down manufacturing costs and forced plasma TVs out of business!"
"New energy vehicle technology is also—"
"The Japanese have suppressed hydrogen energy technology."
"Let's all develop lithium batteries!"
Many hands make light work!
"Regardless of the technological prospects of hydrogen energy, it has certainly lost, and is a complete failure."
"Even if it matures, it cannot be promoted."
"Understand?"
"Other manufacturers won't let it survive."
"Without the efforts of the entire market, the cost of technology products will never come down. No matter how good your technology is, it's useless if it can't be commercialized."
"Technology and marketization are both indispensable!"
Similarly, if electric vehicle patents are not open, other manufacturers will not invest in research and development, and the technology cannot be commercialized.
Costs cannot be reduced
Technological development is too slow
Who will invest in the supporting equipment (charging stations)?
Moreover, if only Tesla is making electric vehicles, it will be suppressed by traditional automakers and will not be accepted by the market.
There will definitely be all sorts of negative publicity!
However, open technology is different; charging stations are built through joint investment by everyone, reducing the cost of widespread adoption.
Moreover, as long as the market is large enough and electric vehicles become a major trend, there is no need to fear traditional car companies.
Even the government had to accept the tram.
The cake is done!
If it's not open to the public, the tram is a pile of shit.
So
Tesla's decision to open up its patents is not out of a sense of charity, but rather a necessity to promote marketization!
After listening to Jiang Feng's explanation.
Everyone suddenly realized.
Caroline, Doug, Gaimer, and Kilson were stunned and speechless. Uh, is the boss really that amazing?
(￣ Pan￣)
Holy-shit
Musk also admired Jiang Feng even more. Indeed, no young person who can succeed is simple!
He felt he had a lot in common with Jiang Feng.
“I was 24 when I started my first business. My brother and I founded a software development company to develop online reading software for traditional media. After four years of operation, it was acquired for more than $300 million, and I received $20 million.”
"Later, I invested in an online payment platform and partnered with others to establish PayPal, which was acquired by eBay, the largest e-commerce platform at the time, three years later."
"This deal made me a billionaire."
"I was already 31 years old that year (2002)!"
"He was eleven years behind Mr. Jiang."
"Ah~"
He sighed deeply, feeling a hint of admiration.
"Later, I invested $100 million to establish Falcon Rocket Company, initially for the Mars Oasis project, to launch a recyclable ecosystem greenhouse to Mars."
"The development of the Falcon rocket has been full of ups and downs, but it is now very mature. Next year, we plan to use the Dragon spacecraft to send two astronauts into space."
"I invested in Tesla in 2004."
"In 2008, the financial crisis broke out, and Tesla lost its source of funding. I had no choice but to invest all the tens of millions of dollars I had left in Tesla."
"I almost went bankrupt, hahaha~"
"Fortunately, Tesla successfully went public in 2010 and subsequently launched several models, which received a positive market response!"
“Recently, I invested in Starlink Network.”
"There's also the brain-computer interface project."
"Mr. Jiang, are you interested?"
Jiang Feng narrowed his eyes. The Starlink satellite network was not very interesting. Its latency was much higher than that of base stations, and it was only suitable for sparsely populated areas without network access.
The technology is amazing, but the market prospects are so-so!
What he wants to invest in is—
Brain-computer interface
.