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Chapter 28 Additional Factors

On the way back to Silicon Valley together, Huang Jingping was still very gentle. Most of the time, she leaned on Feng Yiping as usual. However, Feng Yiping knew clearly that she had changed.

This changed her, not because Huang Jingping's feelings for him, but because her temperament changed.

Feng Yiping also knew the source of this change, because she is now the head of a company, and is also a well-known and popular company, so she has very good performance and good prospects.

If we consider the high investment in hardware of each Mantingfang, they have good cooperation with well-known chefs from various domestic cuisines, so it can be foreseen that Mantingfang will not have any competitors in the high-end Chinese food field in the United States in the future.

Further considering Feng Yiping and Jiasheng, their good reputation in China, including their strength in the United States, and in the main software aspects, that is, domestic chefs, obviously prefer to cooperate with them rather than other companies.

In recent years, not many companies have been able to easily obtain short-term work visas in the United States for a group of people.

There will not be many companies that can fulfill their commitments to this group of people in a solid manner.

It’s a lot of talk when you recruit workers, but when you get abroad and find that you are working as an illegal worker, you may lose your personal freedom. Nowadays, there are many things like this.

It must be said that some of us have always been cheating on our own people, and that is really a waste of effort.

Finally, considering the various reality in the United States, such as discrimination against Asians and the targeting of law enforcement agencies - it is actually corruption. There are not many companies that can protect their various rights and interests during their work in the United States...

Therefore, even if someone sees Man Tingfang's success in the future, wants to follow the trend and collects a sum of funds to copy Man Tingfang's success, it will be difficult to compete with Man Tingfang in terms of the strength of the restaurant's most important software, that is, the strength of the chef team.

Rich Americans are not fools, so they will not spend a lot of money to eat the environment like some domestic bourgeoisie.

Even if there were restaurants that could compete with Man Tingfang later, by then, Man Tingfang had already gained popularity in the United States and had a large number of loyal old customers.

Besides, this is impossible. It can be said that for a long time in the future, in the United States, in terms of commercial achievements, no one in China will reach Feng Yiping's height.

Not to mention Feng Yiping's layout in other aspects, such as various investments in Comrade Aoguanhai...

In summary, Huang Jingping's Man Tingfang will always be in the blue ocean even in the long run, rather than the fierce competition and the red ocean can no longer be red.

As the person in charge of such a company, that is, a very successful entrepreneur, Huang Jingping's personality will naturally change.

Considering that she now has to manage so many employees and solve and deal with problems that are not easy, she naturally cannot think that she is as gentle as before at all times.

So, Feng Yiping shook his head. This is considered as if he had to grow melons and grow melons.

"What's wrong? Are there any trouble?" Huang Jingping asked.

"Nothing," Feng Yiping kissed her on the head, "It's all good,"

What can I do if I dug this hole myself?

…………

Inside the Fangfang and outside the Yujing Pavilion, Page looked at Feng Yiping seriously, "Blin, do you think that when he sees Feng every once in a while, he looks more and more mature?"

"It's too much pressure," Blin patted Feng Yiping on the shoulder, "Buy, let's relax, we believe in your judgment,"

"Come on, stop pretending, as if you are not nervous, hurry up and wait for me to teach you class," Feng Yiping touched his arms a few times.

It is as warm as spring inside, and outside, it is the commanding heights opposite the beach. When the breeze blows, it is really cool.

"Why did you suddenly think of calling us here today?" Page asked.

Feng Yiping did not answer their question, waved his hand and asked the waiter to go out and pour them tea himself, "Time flies so fast. In the blink of an eye, I'm almost 30,"

The two of them were stunned for a moment, and then took photos of Feng Yiping together, "Where are you 30 years old? Are you 27 years old? We are not even 35 years old, okay?"

They are all 7 years older than Feng Yiping. If Feng Yiping is 30, wouldn’t they be almost 40?

"Haha, there are still a few months left," Feng Yiping smiled.

These two guys seem to be a little sensitive to age now.

Yes, these two diamond fives are now at the moment when they need to consider marriage, and they are no longer the young men from a few years ago.

"I saw that it was already 2007, but the monthly premium we have to pay is getting higher and higher. Jobs may be a little uncertain. He made a special call yesterday to ask me about this."

"Then you may have to be prepared. He must not be in a good mood these two days," said Page.

"You need to say it," Feng Yiping smiled bitterly.

Anyone who is familiar with Jobs knows that before such a major press conference, he was really not ordinary manic.

Because he pays great attention to such press conferences, he will pick on various details, so he will encounter various problems.

"Considering his importance to this press conference and the importance of the products they released this time to Apple, I think it is better to let him listen to the good news before the press conference and let him at least put it aside,"

Brin looked at him straight again, "You predicted it again,"

"What?" Feng Yiping was stunned.

It's so hard to talk to these guys, and they seem to be completely unwilling to care about the point in your words.

"As soon as such a smartphone was released, Rubin's products were of great use," said Bryn.

"What are you talking about? I just think that the pda (palm computer) has developed to the present level. According to Moore's Law, there may be smaller and smaller similar products in the future. I just didn't expect that this day will come faster than I expected," said Feng Yiping.

The same thing is true. After knowing the correct trend in the future, it is really not difficult to find one or two convincing reasons.

“The development of hardware is indeed beyond our expectations,” Page said. “When we first came into contact with computers….”

"Quq," someone knocked on the door twice, "One level, Jobs arrived,"

"Oh," Feng Yiping just walked to the door. Jobs, who had lost a lot of weight, had already climbed the rockery in sneakers, jeans and a black turtleneck sweater.

"Feng," he hurriedly shook hands with Feng Yiping and the others, and quickly walked into the cabinet, "This damn weather!"

Wu Qian gently closed the door from outside, and Feng Yiping poured a cup of tea for Jobs, "I won't ask you about the press conference," he said, "I'll explain to you the current problems we are facing in this investment," he said.

Judging from Jobs' attitude, the preparations at the press conference must not be very smooth.

"Although it has been 2007, and although our premiums are still rising, I can tell you that our investment is still correct and the situation is developing as we predict,"

Jobs turned the teacup with his hands, as if he was warming his hands, "According to previous predictions, this year, there are many adjustable interest rates..." He was obviously not very familiar with some nouns.

"Adjustable interest rate subprime loans," Feng Yiping added.

"Yes, that's the one, which will take effect this year, that is, the loan interest rate will increase. Then, those guys who were crazy and bought a large number of real estate in the past two years would not be able to afford such high interest rates, so they could not repay the loan. So the mortgage securities we shorted should not fall, but our premiums should also decrease. Why are they rising now?"

"The interest rate of adjustable subprime loans is indeed getting higher and higher. At the same time, because of the limited increase in housing prices, many investors' valuations of real estate in their hands are no longer rising, and banks also disagree that they will mortgage their property."

This can be said to be an important reason for the crisis next year.

In the United States, lenders can re-mortgage the house they bought with loans. At the same time, they can re-valuate the collateral (house). If the valuation rises, they can borrow more money...

That is, in theory, as long as housing prices continue to rise, you can always get money from the bank to repay the loans you borrowed from the bank before, and there will never be a risk of default.

However, when the real estate market reaches its peak and cannot rise, at this time, trouble comes.

"In fact, the mortgage loans that are defaulting now have exceeded our expectations, but, as you said, mortgage securities have not really fallen. Not only have they not fallen, they are rising instead,"

"That's what we said to you, that so-called extra factor,"
Chapter completed!
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