Wang Siren understood these rules.
That year, he did a lot of research, both on companies in Hong Kong and overseas. He never stopped.
"Of course, these negotiations probably won't lower the price too much, since everyone's values are similar. Specifically, for individuals, this is about the price that the patent can sell for."
"The second scenario is that the patent holder cannot monetize the patent on the market. This raises the question of how many companies need the patent. If multiple companies need it, the price is likely to rise, even at a premium. Comparing prices from multiple sources will likely yield a higher price than simply acquiring shares from the patent holder."
After all, it's essentially a buyout.
"Can't I authorize it to be sold?" Wang Ruiming asked.
“This is not a wise move. You should understand the concept of patent barriers.” Wang Siren shook his head. “If it’s just about licensing, let’s not even talk about how long it will take to apply the patent. You can license it anywhere in the world as long as you pay. I doubt many people would accept that. If your patent really reaches a certain level, after someone buys it, they could very well use it to create a unique set of patent barriers.”
"Of course, it's very complicated, and I don't know much about it. In fact, there's a lot that can be done with patents."
You know about magnetic core memory, right?
"Know."
"IBM acquired the patent for 500,000 US dollars. The patent itself was worth 5 million US dollars or even more. In the first round of negotiations, IBM offered 2.5 million US dollars, which the patent holder reluctantly agreed to because he was short of money. Who knew that IBM would renege on the deal? After much back and forth, the final price was 500,000 US dollars."
"This is just a small matter in the patent market. In fact, since the Patent Act was enacted, there have been countless cases of people making trouble over patents. The most standard method is to drag it out." Wang Shouren took out another cigarette and lit it. "Just like our lawsuit with that 'Little Life' brand, it's been going on from the beginning of the year to the end. I reckon it'll be going on for several more years. Do you know what the final outcome will be?"
Several people shook their heads in unison.
"It's highly likely that a settlement will be reached."
"Why?" Wang Ruiming didn't understand. It was clearly his own property, and someone else had used it. Why did they need to reconcile? Couldn't they just eliminate them completely?
"Because it's too conspicuous, there aren't many Asian brands that can sell in Europe. It's not just Xiao Ri Zi; many European brands are also using our patents. If I don't touch them, then it's a win-win situation for everyone. But if I really kill Xiao Ri Zi, then we'll be next."
Many people wonder why Wang Shouren was always worried about this and that.
Wang An, all by himself, founded a computer company in the US, directly competing with IBM, and they didn't suffer any consequences. Why is Wang Shouren so afraid of death?
In reality, Wang Shouren was genuinely afraid.
Why is Wang An not subject to control? Firstly, he has become a U.S. citizen. Secondly, and most importantly, computers aren't currently that prominent. In the world's understanding, computers are simply something that improves work efficiency. They have value, yes, but to say they can influence the entire United States is nonsense.
In terms of value, Wang Laboratories is not even worthy of carrying Wang Shouren's shoes.
But when it comes to future development, computers will definitely be far more advanced than cars.
Wang Shouren, with his scale of operations in 1985, naturally had to be extremely cautious.
In fact, he and Xiao Rizi had a tacit understanding in a certain sense, and they were on good terms with each other.
By filing lawsuits, they let others know they don't have time for expansion; they can develop quietly and discreetly in private. Wang Shouren wouldn't reveal this to anyone other than his own people.
“Watch carefully, learn well. This world isn’t just about fighting and killing; it’s about human relationships and social interactions. Many things can’t be summed up simply as ‘right’ or ‘wrong.’ This world isn’t black and white; it’s a delicate gray.” Wang Shouren took a deep breath, inhaling the last bit of smoke into his lungs, and then went back into his room.
Only three children remained, deep in thought.
Young people in their twenties are at a time when they are extremely curious about the outside world, so it is very necessary to teach them a good lesson during this period.
Upon seeing Wang Shouren enter, Wang Xirou leaned closer and asked, "Dad, what were you saying to them again?"
"It's nothing, just teaching them how to manage a company."
"Then why didn't you tell me?"
"All you do is play around and never take care of anything." Wang Shouren glanced at her. "If you ask me, you should just go out and see the world. As for fashion design and stuff, don't mess around with it. You're not cut out for it."
Wang Xirou stared wide-eyed at Wang Shouren in disbelief: "Dad, how could you do this? This is a classic case of favoring sons over daughters."
Wang Shouren rolled his eyes: "Then why don't you go to France and design a few nice-looking designs to show those foreigners what it means to be truly awe-inspiring from the East?"
"You just wait!" Wang Xirou retorted defiantly, "I'll go after the New Year. If you don't apologize to me, I won't come back."
“Is that so? Then I can have a five-person world with your aunt, second aunt, third aunt, and fourth aunt.” Wang Shouren counted on his fingers.
"Hmph!" Wang Xirou stormed off in a huff.
Qin Jingru slapped him lightly, annoyed: "Why are you making your daughter so angry during the New Year?"
"If we don't upset her, she can study well over there. We should at least give her a goal," Wang Shouren said with some helplessness.
There are many kinds of people. Some people only move when provoked. Wang Xirou has loved to play since she was a child. If she isn't given a goal, who knows how she'll play around over there?
“Weiwei, I’ll go back with you tomorrow. What kind of alcohol does your dad like to drink? I’ll bring it with me. Also, what are your brothers-in-law like? You need to tell me.” Wang Shouren turned to ask Xu Weiwei.
Xu Weiwei was stunned for a moment, never expecting that Wang Shouren would go back with her. She looked at the other women with some embarrassment.
"You don't need to worry about us. My family doesn't care about these things. The Lou family is in Hong Kong. You just joined, so it's only right that we visit them first," Qin Huairu said reassuringly.
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