Silicon Valley

Chapter 657 Online Socket

By the end of May 2007, according to incomplete statistics, the VR industry has attracted 3,500 enterprises from all over the world. Banks are also more optimistic about this industry, with total loans of no less than 50 billion US dollars. But in Henry's view, the threshold for VR is actually very high, involving a lot of technologies. Enterprises need to pay high costs to create a high-quality experience, and also need to master huge resources, such as user resources, movies, games and other content resources. These are by no means ordinary small companies can't afford it. Furthermore, there is fierce competition from high-tech companies such as Atari, Microsoft, Google, IBM, and Samsung. It is not difficult to imagine that most VR companies will eventually become cannon fodder! ! !

In addition, the subprime mortgage crisis in the United States has already broken out, so it is not a good time to enter the VR industry! At this time, the bank is also a mud bodhisattva crossing the river, and it is difficult to protect itself, and lending to other companies is tantamount to accelerating its own death! The outbreak of the subprime mortgage crisis in the United States was caused by the flaws in the design of the subprime loan product system and the unsound government supervision system. It is an inevitable event!

Beginning in February 2007, HSBC announced that its North American home loan mortgage business suffered huge losses and wrote down 10.8 billion US dollars of related assets, which kicked off the subprime mortgage crisis. In April 2007, New Century Financial Corporation, the second largest subprime mortgage company in the United States, filed for bankruptcy protection due to its inability to repay its debts, and cut more than 50% of its employees. Of course, at this time, people were still unaware of the coming of the subprime mortgage crisis, and just thought that this situation occurred due to the poor management of individual companies. The popularity of VR has attracted the attention of the media and the public, and the subprime mortgage crisis has not attracted people's attention.

Henry has already made the company under his name make targeted adjustments in order to survive this financial crisis!

Violet is in charge of Williams Royal Investment Company, which has already spent a huge sum of 1 trillion US dollars, frantically shorting the US stock market and real estate market. In addition, it also used 2.5 trillion US dollars to start shorting the stock markets of more than 100 countries and regions such as Canada, Singapore, Japan, South Korea, and Europe.

At this time, in fact, Henry was not the only one doing this. There was a fund manager in the United States named John Paulson, who was also madly shorting the U.S. stock market and real estate. Now, he's just a junior on Wall Street. His firm, Paulson \u0026 Co., has 60 employees and manages a $1 billion hedge fund. In his previous life, he earned US$3.7 billion in 2007 alone, making him the best fund manager of the year! ! !

Since then, the name "John Paulson" has been worshiped as a god by Wall Street, and titles such as "God of Making Money" and "No. 1 Hedge Fund Man" have been hung on his head; Soros, the financial tycoon, invited him to dinner; Even because of his existence, even U.S. Treasury Secretary Henry Paulson had to be called "another Paulson" to show the difference! ! !

John Paulson is only in charge of a $1 billion fund, and he is revered as a god. If Wall Street in the previous life knew that Henry had shorted US stocks and real estate for $1 trillion, what should he be called? !

King of Gods? !

However, Henry did not dare to let people know that he was shorting the US financial market. This is tantamount to adding salt to the wounds of the Americans, and the economic situation in the United States will be even more dire than in his previous life.

Williams Royal Investment Company has secretly mastered many fund institutions, and all of them are shorting the US market in the name of these funds, so it is not easy to be suspected of being on their own head. And even if the United States knows that Williams Royal Investment Company is shorting the US market, it cannot know the specific situation.

In order to paralyze the United States and make the subprime mortgage crisis worse, Henry started to make gimmicks again.

On June 1st, Williams Super Energy held a product launch conference and released graphene LED bulbs!

This press conference really stirred up waves with one stone.

Graphene LED bulbs are 40%-50% more energy efficient than incandescent lamps, 10%-20% more energy efficient than traditional LED bulbs, and have a maximum service life of up to 10 years! But the price is only $15 each! The price is not expensive at all, who can’t afford 15 Weiyuan now?

Marcy Kelvin, spokesperson for Williams Super Energy, said: "Dear friends from the media and viewers who watched the live broadcast of the press conference, do you know how much electricity can be saved in a year if the whole world is replaced with graphene LED bulbs? ?”

Everyone discussed in low voices.

Marcy Kelvin said loudly: "According to our statistics, at least 100 billion kilowatt-hours can be saved, which is equivalent to all the electricity consumption of the earth for two days!!! If calculated according to the international standard coal power generation, it can reduce 1,000 More than 2 million tons of coal burning quantity!!! Not only saves coal resources, but also greatly reduces environmental pollution! Therefore, both in terms of economic benefits and in terms of environmental protection, graphene LED bulbs are the only choice! Besides..."

Marcy Kelvin paused, and pressed the controller in his hand. At this time, another thing appeared on the LCD screen of the press conference—the socket.

Everyone couldn't help feeling stunned, er, isn't this just a socket? Is Williams Super Energy even dabbling in sockets?

Yes, exactly.

Marcy Kelvin smiled and introduced to everyone: "This is a socket, but it is not an ordinary socket. This is a smart switch socket specially developed by our company - Online socket, a three-hole socket with a switch! Everyone We all know that many families already have the robot Eve. Although Eve can control the smart home devices at home, the user does not have a smart home at home. But now, with the Online socket, it can connect to Eve. When you are lying in bed and ready to go to bed, you don’t need to get out of bed to turn off the lights, you just need to give orders to Eve. In addition, we have also developed a corresponding mobile app software, and you can also connect to the Online socket with your smartphone!!!”

After listening to it, everyone felt that the Online socket is really a good idea! Technically speaking, the task of the Online socket is to control "on" and "off", which is not difficult. With Online installed at home, many electrical appliances have become smart appliances, which are not only convenient, but also look cool!

The reporter couldn't help asking: "Mr. Marcy Kelvin, how much is an Online socket?"

"It's not very expensive, only 90 dollars!" Marcy Kelvin replied with a smile, "However, we will launch a combination package. There is a switch and a three-prong socket on the Online socket, so one Online socket can control two Home appliances, one can be a light bulb, the other can be an air conditioner, etc. Therefore, our combination package is 1 graphene LED bulb + 1 Online socket, the total is only 100 dollars, a discount of 5 dollars!"

Spending 100 Weiyuan to buy sockets and light bulbs is a bit expensive, but there are two "smart homes" in the house in an instant, which is quite a bargain!

(to be continued ~^~)

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