Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 990 Your project, I, Chen Mo, have invested!
"pay?"

Upon hearing this, Chen Mo smiled and said, "You may not know, but although Director Guo Fan doesn't have much experience, he is an extremely talented and studious person."

With Liu Cixin personally overseeing the production, XCMG Group providing full technical support, top-tier domestic and international special effects teams, and a gold-medal screenwriting team overseeing the project—with such a powerful combination of advantages, there's no reason it shouldn't be a success.

He continued calmly, "Of course, man proposes, God disposes. So what if we fail? We've always been practicing the process of collecting feedback, reviewing and analyzing, and solving problems."

If you don't succeed the first time, try again. You'll succeed eventually.

Upon hearing this, everyone nodded thoughtfully.

Chen Mo then revealed some behind-the-scenes details without hesitation.
Chen Mo didn't mind sharing more behind-the-scenes stories: "I remember when filming was about a third of the way through, Director Guo Fan contacted Xuzhou Heavy Industry through me and got professional technical support."

Later, a group of experts in the military and scientific fields were specially organized to participate in the evaluation. Therefore, the designs of planetary engines, heavy engineering machinery, and space stations in the film have all undergone relatively rigorous scrutiny…

He paused, then added, "With the combined efforts of dozens of top special effects teams from home and abroad, the final effect on the screen was achieved. Have you all seen it? What did you think?"

After asking the question, Chen Mo realized that, apart from himself, almost everyone present had already watched the movie.

In fact, these entrepreneurs with technical backgrounds are not keen on watching movies. They feel that it is more practical to spend that time studying technology.

But this time, it was precisely because they heard that "The Wandering Earth" was hailed by movie fans as "China's first hard science fiction film" and "a milestone in domestic science fiction films" that they flocked to the theaters. As a result, their viewing experience far exceeded their expectations, and they were thrilled.

Afterwards, everyone enthusiastically shared their thoughts after watching the film.
After hearing the feedback, Chen Mo laughed heartily, raised his glass, and said, "Even you hardcore viewers say it's good, so what do I have to worry about?"

Even if we take a step back and assume the worst, I can afford to lose a mere 5 million!

Tonight's dinner, in a sense, became a "group interview" carefully arranged by Wang Tao.

Chen Mo understood his intentions—investing in these high-tech companies was like a high-return, long-term, and high-risk technological expedition.

Until the very end, no one can predict the outcome.

While DJI can serve as an incubation engine to propel the company forward for a period, it cannot provide comprehensive support throughout the entire process.

Wang Tao organized this event precisely because he knew he was the one who would be there to keep running until the very end.

Not only does it have abundant cash flow, but it also adheres to the concept of long-termism and will not sacrifice strategic focus for short-term returns.

Before the gathering ended, Chen Mo said to the group of young entrepreneurs who were only a few years older than him:

"After our conversation, I am indeed very interested in everyone's business."

But Beyond Ventures has its own complete research and background check process. What I can do is give you an opportunity to enter the market.

As for whether it will ultimately succeed—that's not up to me; it's up to your products and technology.

"Thank you, Mr. Mo!"

Back at the hotel, Chen Mo conveyed his initial intentions to Wu Dan, the investment manager, and said that a professional team would handle the follow-up.

He readily agreed not because of a few drinks or out of consideration for anyone.

Rather, the investment logic of the other side is to pursue diversified layout - not just for profit, but also to create a buzz.

Actually, his greatest skill isn't getting pigs to seize opportunities, but creating opportunities and watching them soar to new heights.

From a strategic perspective, early-stage investments can secure key positions before a technological explosion. Once the invested company becomes an industry giant, you will enjoy enormous technological dividends and ecosystem influence, and may even be able to participate in setting industry standards. In terms of ecosystem synergy, the technologies of the robotics companies invested in by Beyond can feed back into Beyond's core businesses such as autonomous driving and intelligent manufacturing.

This is equivalent to using external investment to install "multiple engines" and an "external brain" for internal R&D.

Furthermore, it can establish a "talent radar network" covering top scientists and engineers.

At the same time, it also provides access to firsthand information on the latest technological trends and market dynamics, a value that no business intelligence agency or partnership can replace.

Finally, let's calculate the profits. Once these high-tech companies achieve technological breakthroughs or their business models are validated, their valuations will grow exponentially, and investments may yield returns of hundreds or thousands of times, which is unparalleled by traditional industries.

Chen Mo could see these benefits, and so could people of Ren and Ma's level in Shenzhen, but why didn't they invest?

First, these companies are too small, and the other party can easily replicate them. It's like the rumors that Pony Ma, before he became rich, wanted to sell QQ to Zhang Chaoyang for several million, but the latter thought it was too expensive. This kind of software can be developed by any technical team in a minute, so there's no need for it.
Secondly, the risk of investment failure is too high. High-tech research and development is a "nine out of ten chances of failure" situation, and the probability of success is not much higher than winning the lottery.

Too many factors can lead to a wrong technological path, and laboratory results may fail to be engineered or mass-produced, or may be quickly overtaken by better technologies, potentially resulting in a complete loss of investment.

Moreover, the cycle from research and development to commercial profitability is extremely long, generally taking 5 years as an iteration cycle. During this period, huge amounts of money need to be continuously invested, which is a huge test of the cash flow and patience of investors.

Even if a technological achievement finally comes to fruition after overcoming numerous obstacles, if there isn't a large enough market or one willing to pay for it, or if global giants and capital are all vying for it, leading to fierce competition, a closed-loop business model cannot be formed.

These are the reasons why all investors are hesitant to invest in emerging technology sectors.

But Chen Mo knew that with the cheat code about to expire, in order to win the next era, he needed to have extraordinary vision, patience, and strategic resolve.

Today, Beyond Ventures is flush with cash and operates like a "playboy," searching for suitable "targets" both domestically and internationally.

If a suitable opportunity arises, a one-night stand will be arranged, leaving behind a sum of money;
For those with potential, keep in touch; for those without potential, consider it a chance encounter.

To this end, the investment team of thousands at Beyond Ventures is actively searching, busy, and observing around the world.
Chen Mo focuses on the big picture and ignores the small details, emphasizing only two aspects: the screening mechanism and financial auditing.

Fortunately, thanks to the efforts of Zhou Shouzi in planting the seeds of success and the management of Wu Dan in the past, Beyond Venture Capital has developed steadily and made progress, showing a "heavy sword without an edge" momentum, which makes him quite satisfied.

Without looking at the financial statements, Chen Mo wouldn't even know how many seeds they've sown for Beyond Over the years. Their investments are focused on derivative industries related to Beyond's main business, with hundreds of investment cases each year and an annual investment exceeding 100 billion yuan.

Even if these investments ultimately fail, Chen Mo sees them as 'stepping stones'. After many failures, there will eventually be a success. Moreover, even if they fail, the accumulated technology and experience can be used to start over.

What the other side pays is nothing more than time and money.

Chen Mo has plenty of time and patience, and he has even more money—in other words, "I'm not short of cash!"

Today, the other side sets aside 200 billion yuan in cash every year without fail. This is the net surplus after deducting the group's operating expenses, scientific research investment and other projects.

Many executives have wondered why the group needs to keep so much cash on hand, even if it's the amount he previously proposed to set aside for a year's worth of employee salaries.

Only Chen Mo knew that this was a "strategic reserve" he had set aside for the next few years.

Chen Mo felt like he was playing a game of nautical exploration.

In the first half, he controlled a small boat called "Other Shore" to explore the entire map, scavenge resources, and accumulate wealth, gradually leveling up and eventually building a formidable aircraft carrier fleet.

Entering the second half, facing a brand new map filled with the fog of war, the other side will rely on the solid foundation accumulated in the first half, using capital as fuel and strategy as a compass, to sail into the unknown.

He was confident that this was destined to be a great voyage that would go down in history.
(End of this chapter)