Lei Jun's keynote speech "Crossing the Valley of Life" was on fire.
After madly forwarding the circle of friends, some people commented that Lei Jun not only stewed three bowls of chicken soup, but also invited me to eat a bucket.
Three bowls of chicken soup means:
Encountered the dilemma of 1996, Pangu components were frustrated and Jinshan almost closed down;
Established Joyo.com as an e-commerce company and reluctantly sold the company under the Internet bubble;
Leave Jinshan and turn to angel investment.
The whole family bucket refers to Xiaomi's whole ecological chain products, from new products such as folding screen mobile phone MIX Fold 2, Xiaomi watch S 1 Pro, to new progress in car making and research on humanoid robots.
It can be said that just the right sensational chicken soup is the password for Lei Jun to continue to be active in front of the stage.
After all, feelings and positive energy can touch the softest place in the hearts of the public, and no one can resist it.
In fact, this is Lei Jun's third annual public speech.
Looking back two years ago, in 2020, the tenth anniversary of Xiaomi, Lei Jun delivered a speech with the theme of "Go Forward", telling the process of Xiaomi's establishment, including the twists and turns of the initial team formation and the details of the birth of the first mobile phone.
202 1, the theme of his speech was "My dream, my choice", which told the story that Xiaomi's share price broke and he was afraid to face investors. Then he sobbed and announced his decision to build a car.
In 2022, the theme of his speech was "The feeling of crossing the trough of life".
Lei Jun burst into tears again. "All the setbacks and failures you have experienced, even those seemingly meaningless things to kill time, will become your most precious wealth." Subsequently, the first full-size humanoid bionic robot CyberOne was released.
I have to say that Lei Jun's sales routine is perfect. Let's have a heart-to-heart talk about life setbacks. After the atmosphere is in place, take out your own products.
In this case, no one can refuse an entrepreneur who is struggling for his dream, let alone Xiaomi's products.
In fact, Lei Jun is far more ambitious than he shows, and his capital map is also expanding.
In the past three years, Xiaomi's foreign investment has maintained a rapid growth trend.
The financial report shows that by the end of 20021,Xiaomi had made 390 foreign investments, compared with 3 10 and 290 in 2020 and 20 19 respectively.
In other words, in 202 1 year, Xiaomi's foreign investment increased by 80. The total book value reached 60.3 billion yuan, a year-on-year increase of 25.7%. At the same time, the net income after investment tax reached 3.3 billion yuan.
At present, Lei Jun's company has formed the characteristics of multi-industry and globalization, with a total market value exceeding one trillion yuan.
In terms of industries, it covers rural Internet, cloud computing, mobile internet plus, finance, new retail, autonomous driving and intelligent robots.
Geographically, in addition to domestic enterprises in China, there are also investments from Southeast Asia, Russian, Indian and other places.
Among so many investments, only Xiaomi and Jinshan are the core holding companies of Lei Jun, and other companies are led by their investment funds and are not controlled.
This kind of investment, which only pays money and does not interfere with business, can be called the most ideal investment state in the minds of entrepreneurs.
Lei Jun once said that his business hobby is angel investment.
What is Lei Jun's capital empire like?
It can be clearly seen from the investment relationship diagram of Xiaomi and Lei Jun that Shunwei Capital and Xiaomi Technology are key venture capital institutions.
Before Xiaomi was founded, Lei Jun was a famous investor in the angel investment circle.
In this speech, he denied the rumor and refused to vote for Tencent Ali, saying that he would buy Netease for100000 yuan, but Ding Lei refused.
This period is a period of his personal investment.
Of course, in addition to the failure cases, there are many successful cases of his investment, such as UC, Happy Times, Lacarra, Ke Fan, Letao and other projects, especially investing in UC, which made him get a return of 1 1,000 times.
20 1 1, Shunwei Capital, established by Lei Jun, officially began to transform from personal investment to institutional investment.
In 20 17, Xiaomi's Xiaomi production and investment company, together with Changjiang Fund, Wuhan Optics Valley Fund and * * *, jointly launched Xiaomi Changjiang Industry Fund, with a total scale of 654.38+0.2 billion yuan, mainly investing in upstream technologies and core components related to Xiaomi manufacturing industry.
Therefore, the projects invested by Lei Jun in recent years basically include Shunwei Capital, Xiaomi Technology and Changjiang Industrial Fund.
On the official website of Sunway Capital, a panoramic view of the invested company is displayed.
As a whole, the projects invested by Shunwei Capital are mixed, including those linked to the Xiaomi ecological chain and some other fields.
The investment linked with Xiaomi itself is the new retail field invested by Xiaomi Technology and the hard technology industry invested by Xiaomi Industry Fund.
In the new retail field, Xiaomi mobile phone and various products can drain each other and expand the repurchase rate of users.
In Xiaomi flagship store, users can not only buy mobile phones, smart TVs and other relatively low-frequency products, but also buy bracelets, charging treasures, balance cars, electric toothbrushes, sweeping robots, drones, shoulder bags and other products.
Therefore, the eco-chain products invested by Xiaomi also extend from the periphery of mobile phones to the fields of intelligent hardware and daily necessities, including rice cookers, suitcases, sphygmomanometers and signature pens.
At the other end, Xiaomi tried to break the inherent impression of low-end technology.
In 20 14, Xiaomi established a wholly-owned subsidiary, Beijing Guo Song Electronics, to conduct independent chip research and development.
But more is to invest in hard technology companies through the Yangtze River Xiaomi Industry Fund, including semiconductors, semiconductor devices, radar lasers, wireless communications, sensors and so on.
In all technologies, chips are the commanding heights of mobile phone manufacturing and intelligent hardware. Mastering this technology gives you the right to speak.
According to incomplete statistics, more than 50 of the 100 enterprises invested by Xiaomi are semiconductor enterprises, which is comparable to Huawei Hubble Technology's investment in the chip field.
Yiwei Semiconductor, Hanxin Microelectronics, Xinmai Semiconductor, Ruili Integration, Zhao Wei Semiconductor, Shun Tak Semiconductor and Speedcom Semiconductor were all won by Xiaomi Changjiang Industrial Fund.
The chip mainly includes design, manufacturing and packaging. Xiaomi's investment in the field of chips mainly focuses on design, which is also the strength of China's chip industry.
Generally speaking, nearly 400 enterprises invested by Xiaomi, like boats, have formed a huge fleet around the giant ship Xiaomi.
There is no doubt that this fleet has only one task, grasping and chasing the future.
Lei Jun once said, "Why not fly a kite at the typhoon mouth? Standing at the typhoon mouth, pigs can fly to the sky. "
Whether it's making mobile phones, building cars or robot business, Lei Jun, who missed the internet tide, is planning the next decade in his own way.
Facing the era of smart cars and intelligent robots, Lei Jun and his capital empire resolutely chose "ALL IN".