The Millennium Semiconductor Survival Guide.

Chapter 345 Interview
Generally speaking, before participating in this type of interview program, you will have a good script. Everyone will frame the questions within a certain range, leaving little room for the host to express himself on the spot.

This was true whether it was the Charlie Rose Show in America or the Yangma program in China. Yangma would even tell you the problems directly.

This time is different, because this time I came to the Puma Show with a crisis public relations attitude, so the scope was only limited. Some questions could not be asked, and the host could do whatever he wanted within the scope.

As a middle-aged angry young man, Bill Maher couldn't stand the three subsequent presidents in Washington. He criticized Zhou Xin in the show. Naturally, he would not look at Zhou Xin in a different light because of his identity.

Western media always want to make big news. Is there anything better than asking Newman to become speechless and attract the audience?
As for whether big-name guests will not be able to accept his remarks because they are too sharp in the future, this does not exist because HBO will communicate with the guests in advance about the scope and scale of the topic.

The reason why this time it will be a fierce offensive and defensive battle is because this is Zhou Xin's choice. He wants to use the nirvana of sincerity to conduct crisis public relations.

"Yes, Robin and I went to the same university in China, but he is many years older than me and we didn't know each other when we were in university.

In 99, the Internet environment was very good, full of investment from Wall Street, and a large amount of capital poured into the industry. I was very lucky and got a lot of cash from Riot Games. "Zhou Xin fell into memories.

Ten years have almost passed by in a flash. Zhou Xin still remembers that when he got the cash from Bill Gates, he knew that he no longer had to worry about material things in his life and had achieved a class leap in life.

Zhou Xin has inner calculations about the Internet company he builds, and whether its value during transactions matches its true value. From a transaction perspective, Quora definitely took advantage of a good opportunity and sold it for a sky-high price, while Riot Games suffered a real loss. Yes, Bill Gates took advantage of him.

Riot Games is equivalent to a combination of the global version of Baidu Tieba and Steam. At the time, it was valued at only US$[-] million, which was not too cheap.

Maher asked: "Can you tell me roughly how much it is?"

Zhou Xin was impressed by this figure: “$8000 million.

After receiving this funding, I felt that the Internet made money too quickly and good companies could easily obtain high valuations, so I thought about investing in some Internet companies myself.

Everyone knows that I have a good vision in the Internet field. I invested money in Baidu and Google at the same time.

I invested in Baidu not because Robin and I have a good personal relationship or because we went to the same university, but because I am really optimistic about the search engine business, and Robin's technical strength convinced me.

We had a similar reason for investing in Google. Later, when Baidu went public, our relationship actually became estranged. "

Because Zhou Xin rarely gives interviews in public, especially since he left Amerikan for five years, these are insider information. Maher had a premonition that the audience would be interested, and he himself was also very interested.

This is like the autobiographies of later generations of big guys. The content used to attract the public is always the gossip between the big guys.

As for how you succeeded, too many media have analyzed it, and the outside world is not that interested.

Maher asked: "Why?
You are both Chinese and have made great achievements in Silicon Valley. And you and Robin are still brothers, and you were his early investor. "

Zhou Xin smiled bitterly: "There are many complicated reasons, some of which are objective facts and some of which are my speculations.

Before the merger of Baidu and Google, I invested in both companies at the same time. After their merger, I was the largest individual shareholder of the new Baidu. My shares were even larger than those of founders such as Robin, Sergey Brin, and Larry Page. Be higher.

In addition, Baidu does not adopt an A/B share structure, so my voting rights are heavier than theirs.

In addition, I was relatively well-known in Silicon Valley, and Robin felt that I would threaten his control of Baidu.

I am confident that if I want control of Baidu, the vast majority of representatives of the major shareholders on the board of directors will support me, not Robin.

Because he was afraid that I would take Baidu away from him, the communication between us became less and less, and he did not talk to me about Baidu's specific business affairs. I understand that Baidu needs to obtain information from the board of directors and the media. "

This reason was so real and involved a power struggle that the audience in front of the TV nodded in agreement.

European and American audiences also like to watch Machiavellian palace battles, but the form is different from Chinese court dramas, but the core essence is the same. The explosion of House of Cards is the best example.

Maher could completely understand Robin's mentality. To be honest, he had similar thoughts when he saw Zhou Xin. Why is this guy so young?

People of yellow race look younger. Zhou Xin is almost 30 years old, but he doesn't look much different from when he was 20 years old.

"Maybe there is an element of jealousy in this feeling. Newman is so young and still my junior, but he has achieved much more than me.

If I were a representative of Baidu's board of directors and I had to choose between you and Robin, I would choose you instead of Robin.

As a person born in the 50s, I am still deeply impressed by the wave Newman set off in Silicon Valley in the late 90s.At that time, I was still hosting another TV show, and I also interviewed many Wall Street practitioners.

They feel that Newman is a guarantee of quality. As long as the company founded by Newman, they can pay directly without any background checks.

I later became friends with several of the Wall Street investment managers. One of the regrets in their investment careers was that they did not invest in the Internet companies founded by Newman. "

Zhou Xin took over: "So I can't interfere with Robin's choice.

I told him not to cooperate with Madoff. He would think that Baidu Pay and NewPay were in direct competition, so I would not let him cooperate with Madoff.

For me, semiconductors are a more important business and the focus of my career.

And I am just cautious about all financial products, and I have never thought that Madoff was an unprecedented fraud. "

Zhou Xin was very sincere, and his answer was recognized by most of the viewers in front of the TV. Viewers who had not suffered losses due to Internet finance basically recognized Zhou Xin's statement.

Maher said: "Let's review the files this time. The direct murderer of the shooting, William Whiting, was an elite in the consulting industry. At his peak, his assets exceeded tens of millions of dollars. Unfortunately, he took one of them. 90.00% of Americans voted for Madoff.

The property in his name was mortgaged at a high price, and all the cash obtained from the mortgage was invested in Madoff.

The Madoff hedge fund was taken over by the federal government, which is urgently liquidating the remaining properties and then organizing compensation. The scale of this fraud is too large, and this is a long process.

You should also know that the people in Washington are very slow in everything they do. In other words, Whiting doesn’t know how long it will take to get back part of his property, but the bank knows that he invested the money in Madoff After that, he will not be given any grace time.

Before he committed the shooting, his house and car had been seized by the bank, so he attributed all this to the emergence of Mphone, which brought him into contact with hedge funds. "After Bill Maher described the case in detail, Zhou Xin asked: "As a practitioner in the consulting industry, he can accumulate tens of millions of assets.

Before there was Internet finance, he should have known about hedge funds through other channels, right? "

Maher said: “Yes, before cooperating with X.com and Baidu Pay, the threshold for Madoff’s hedge fund was US$500 million, and it needed to have connections and referrals from their old clients.

If Internet finance had not greatly lowered the threshold for investing in hedge funds, Whiting would not have had the opportunity to invest in Madoff. "

Zhou Xin asked: “I believe he didn’t use all his assets to buy hedge funds from the beginning.

You should first use some money to test the waters, then increase your investment after obtaining high returns, and finally invest your entire net worth. "

Because this case was so sensational, most of Whiting's situation was dug up by the media.

There was no privacy at all in this kind of matter, and Maher didn't dare to refute it because the media had already reported it.

"That's right. From the initial $100, to $500 million in the second year, to $[-] million in the third year, he bet all his wealth."

Zhou Xin said: “I roughly understand.

I want to say that everyone has thought about a question, that is, without Internet finance and without Mphone, wouldn’t Baidu have greater influence in the traditional Internet field?
As far as I know, when you search for similar words such as hedge funds, financial products, and wealth management products, you will be pushed to the Baidu Pay page for purchasing Madoff Hedge Funds.

Therefore, even without Mphone, many users will still come into contact with hedge funds through Internet channels.

William Whiting is a damned criminal. He cannot vent the misfortunes he suffered because of Madoff on innocent people in another way, let alone put the responsibility and pressure on Matrix.

We absolutely do not accept such behavior. In addition, for the victims of the Madoff case who sued Matrix, you should hold Madoff accountable instead of trying to litigate Matrix.

Even if you go bankrupt due to the Madoff fraud case, Matrix will not pay a penny and we will fight the lawsuit to the end. "

The tree is big and easy to attract wind, so many users want to take the opportunity to take a bite of Matrix.

This is like later generations, when more than [-] users around the world collectively sued Apple, demanding billions of dollars in compensation. The reason was that Apple deliberately slowed down old Apple users after updating the system, affecting their normal use.

There are many similar lawsuits, including users suing Apple's iCloud for storing their data on non-Apple servers. Apple alone lost $[-] million.

Therefore, many victims of the Madoff case sued Baidu Pay, X.com, NewPay, and even Matrix faced such lawsuits.

"Honestly I can understand that you are also victims, but the Matrix is ​​also a victim.

After the invention of the automobile, so many people in the world were killed every year because of automobiles. Is anyone going to hold Ford responsible?

This is the 21st century, not the Middle Ages, and we need to stop the witch hunt and the extension of responsibility.

After the financial crisis, if we want to get out of the financial crisis as soon as possible, we need new growth points, new technologies and new products to create demand and stimulate the growth of the entire economy.

The consumer electronics industry will be the key engine driving the economy in the future. "

Bill Maher applauded: "Newman, I've been convinced by you.

Are all Chinese people so good at debating?
I am also a loyal user of Mphone. I switched to Mphone3 as soon as it was launched. To be honest, after using Mphone3, I can no longer look directly at other mobile phones, even if Mphone3 needs to be charged every day.

If I forget to charge it, I will be very anxious when I wake up the next morning.

But I still have a question, and that is how to prevent crimes that use the combination of the Internet and the financial industry in the future.

Since the 90s, we have been emphasizing that the Internet will change the world. However, before the Internet changed the world, it only stayed at the information level. We received all kinds of information through the Internet. However, in recent years, with the popularity of smartphones, smartphones provide There are more and more services.

The Internet is impacting traditional models in almost every aspect.

As a smartphone creator, how do you view this issue? "

Zhou Xin said: “This requires efforts at the regulatory level, which is Paulson’s job.

From my perspective, I think a lot needs to be done, including improving the supervision of funds, the supervision of Internet companies, the supervision of financial institutions, etc.

We live in the real world, and the real world does not mean that it will be better without A.

Things are developing dynamically, and without smartphones, the future will not get better.

As you just mentioned, you can no longer live without your smartphone. I know too many people who have to carry their smartphone with them wherever they go after using it.

The gap between smartphones and traditional mobile phones is even wider than the gap between cars and horse-drawn carriages. People can no longer return to the era of horse-drawn carriages, and it is also impossible to return to the era of traditional mobile phones. "

It has been almost two weeks since Mphone3 was released, and netizens were the first to give positive reviews. From video websites to Weibo to social media, netizens on different media have surprisingly unanimous opinions.

"This is the best mobile phone I have ever used. The difference between Mphone3 and Mphone2 is not as big as Mphone2 and Mphone1, but it is so silky smooth."

"Newman is so awesome. Mphone3 makes me feel that this is what smartphones should be like. Anything different from Mphone3 is not in line with human operating habits."

"It's hard to imagine how other mobile phone companies have spent the past few years. They have finally caught up with Mphone2 in terms of user experience, and Mphone3 is here again."

Then there are the traditional media, which all gave very amazing evaluations.

(End of this chapter)