Chapter 306 Dinner Party



Not long after, Zheng Li came to me with a set of endorphin test data.

They said they wanted to attract investment, and then claimed they had mastered the method for industrial-scale production of endorphins.

I thought about it for two or three days, and finally submitted it anyway.

The main reason was that we still had some money at that time.

If it were a few years later, I wouldn't have been so quick to pay this money.

The rest is history.

I've always been very lucky. Since we're at Zhengzhou University of Technology, let's have a drink together, my fellow students and I.

The period from 2019 to 2020 should have been the best time for rice after it hit the market.

The main issue is that the mobile phone market share vacated by the US has been largely taken by Chinese consumers.

Not only domestically, but also internationally, a large portion of rice is consumed.

Rice's stock price soared from HK$8 to HK$35 in those two years.

Therefore, the timing of seeking investment is very important.

For an individual, it is the course of fate.

"Lei Jun, you're lucky to have secured angel investment from Kechuang Bio."

By the time I learned about this project, it had already completed its Series A funding round, and the price had increased twentyfold compared to the angel round.

At that time, the Phase I clinical trial report for endorphins had just been released, and I decided to apply after reading it.

To this day, this investment remains the most successful one I've ever made in my career.

As I expected, the potential of Kechuang Biotech is indeed far more than just endorphin.

I just didn't expect that the development direction of Kechuang Bio would be brain-computer interface, or the widespread application of brain-computer interface in the field of consumer electronics.

I thought at the time that Kechuang Bio would become China's Pfizer, shining brightly in the field of biomedicine.

All I can say is that the ideas of geniuses are always completely different from those of ordinary people like me.

The most regrettable thing is that Zheng Li's projects never had a shortage of funds again after that.

Sometimes, a trend only lasts for a few short days.

"I can't even find a channel to invest in companies like Kechuang Future."

“Zheng Li and I are competitors in some areas. In 2020, we acquired a VR manufacturer.”

At the time, I was very optimistic about the future development of the VR field, and it turned out just as I predicted.

VR technology, as it matures, will become the physical carrier of the next generation of the Internet.

What I didn't expect was that I was facing an opponent with absolutely no chance of winning.

The combination of VR and brain-computer interface technology is a game-changer for other VR products.

"The gap between our pico and Futureverse is even greater than the gap between Apple and low-end Android phones," Zhang Yiming said with a wry smile.

“I have met Zheng Li twice. Once was when Kechuang Future was established. I went to Suzhou at that time and met him once.

The second time was when the equity of Kechuang Future was redistributed, which was also when I went to Suzhou to see him.

We always had a great time chatting. Although Zheng Li is more than twenty years younger than me, I am ashamed to admit that his insights on many things are far superior to mine.

---Aside---

Let's put up some tickets at the end of the month!

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