Chapter 17 IT Upstarts

Chapter 17 IT Upstarts

The birth of White Software. It really caught the eyes of many companies. Apple's users were so happy that the computer was finally no longer a display. It seems that the computer is not bad, but the software is not good enough!

Venture capital finally figured out that it makes sense for people not to invest. Let's not say that this product is not short of money, even if it is short of money, it is impossible for them to invest. Their products have been perfected, how can they let them take advantage of it for nothing.

Venture capital has died down, but several investment banks are starting to make moves. This company is so good that it will need an IPO sooner or later. See if you can get the A round of financing.

Not short of money?

As long as he wants to develop rapidly, financing is a must.

The situation is almost the same as their judgment, and they do not reject the introduction of strategic investors.

Well, the only difference is that the dozens of banks in New York were dropped.

From this point, it can be seen how small this guy is. There is still some reason for people to refuse to give you a loan, and you have blacklisted them in this way. This is really too much.

Well, maybe the banks don't care either.

Back then you were just an ant. What if I refuse you?

Now?

You are just a stronger ant now.

Do elephants need to consider the feelings of ants?

Obviously not needed!

Even so, this incident was enough to make them sick. The influence of a bestselling author is extraordinary. If the opportunity is right, they still hope to ease the relationship.

In just a few days, thousands of sets of software were shipped. This performance really caught the attention of the industry.

This is hundreds of thousands of dollars in revenue. According to the shipments of Apple computers, the company's monthly revenue will exceed one million.

Now it seems that the valuation of 10 million US dollars is obviously unreasonable. As long as that guy is not stupid, he will never agree to this price.

At the same time, shipments of Apple computers began to surge. According to the current situation, it is not impossible to ship 20,000 units a month.

For the current situation, Morgan Stanley obviously underestimated. An increase in valuation is actually inevitable. If sales increase again, the valuation needs to increase by at least 50%.

Regarding White Software, the original valuation was more like a joke. Let alone 10 million dollars, even 20 million dollars may not be enough.

It's very simple, they don't just make an apple. It is involved in almost all the mainstream systems on the market.

Apple only holds 30% of the market share at most. This year's turnover may be in units of tens of millions. Next year it may be in units of 100 million.

What? You said cost!

There may be during research and development, and what cost will it cost when it becomes a product. The question now is, how many years is the life cycle of this product? Will there be competitors joining?

In any case, there's only one on the market right now. If competitors can't catch up immediately. There will be no chance in the future.

After all, the future of this thing is uncertain. Several IT giants are not interested in participating. If HP and Big Blue join in, other companies will have no choice but to go to the street.

Don't IT giants know the potential of PCs?

Obviously it's not that simple, the mainframe computer business is very good, and the profits are very good. There is still a damn anti-monopoly in the United States, and they really dare not develop in an all-round way.

"Forbe, let's rent a villa first. The hotel is really uncomfortable. It's not a big problem for a month, but it won't be able to bear it for a long time."

"Okay, master, I'll send someone to the Bay Area tomorrow to have a look."

"I'm sorry, Forbe."

The Waldorf Astoria he stayed at was fine. This guy is the young master's disease again. A five-star hotel can still be uncomfortable.

"Uncle Fu, make arrangements for a celebration party in the next two days. Send a red envelope to celebrate."

"Okay, master, how big is the red envelope?"

"Two thousand is fine, there are not many people anyway."

"Okay, sir"

Sending red envelopes to subordinates is not unique in the United States. But also very rare.

Laomei belongs to the contract society, regardless of wages or bonuses. Everyone has a contract. The red envelope is a personal relationship, and if the amount is too large, there will be trouble.

Of course, everyone loves a beautiful knife. As long as you are willing to give, of course others will not refuse.

Regarding the current situation, except for William White himself, almost everyone was dumbfounded. The first few guys recruited in Texas were no exception.

White Software can be said to have become famous overnight. The benefits are of course obvious. At least it's much easier for recruiters.

There are many people who want to work, but there are not many opportunities. Except for very professional software engineers, other positions have long since disappeared.

Now a lot of guys are regretting it. At the beginning, they thought this was a new company, so it shouldn't be very reliable. Don't close down in a few days.

At the beginning, I liked to answer and ignored, but now it is difficult to get in. Although not a well-known company. But it is still very good in the Silicon Valley area.

The reason is simple, the benefits of this product are super luxurious. Now Silicon Valley knows. The owner of this house is a local rich man from Texas. Unlike most people here.

Most of the startup guys in Silicon Valley are self-made. Whitesoft is indeed an outlier.

Fairchild Semiconductor is the patriarch of Silicon Valley. Every company is more or less related to them. White Software was different, a software company born on a farm.

It has to be said that this is very joyful and also has a certain legendary color.

Texans are not welcome in the United States, and to be exact, they are not welcome in the world. Rude, disrespectful, tough, is their true portrayal.

Several of Whitesoft's security guards are also Texans. When I saw the boss, I just took off my hat to pay tribute. It's not some security hat, it's their cowboy hat.

It's okay for you to see this scene on the farm. This is Silicon Valley, and I really don't understand what William White is thinking.

In fact, this is more of someone's bad taste. Anyway, everyone knows that he is a dick. It is not appropriate to change too suddenly.

Besides, local tyrants have no bad taste or what kind of local tyrants. Once you have a certain status, others will not criticize you. Even if there is, he doesn't need to care.

The upstart in the IT industry has not been paid attention to by the outside world for the time being. After all, this is not an important industry.

It has to be said that the guy who knows you best must be your enemy. Others don't need to pay attention, but the Hunter family must pay attention. The two families are already immortal, and it is unrealistic not to send someone to watch them.

The result is naturally very bad, now you have to dare to play a takeover war. The ones who died were definitely the Hunter family.

How can an inexplicable company be worth 50 million? The world is just too weird.

The valuation of 50 million was casually estimated by the investment bank they were familiar with. People directly said that there is no problem with the price and bank guarantee. If it is stock financing, the price of 50 million is unstoppable.

They need to think about cashing out now, if William White ends up getting the company back. The fate of these shares can be imagined. It would be nice to get half of the money back in the end.