Chapter 181 A Marathon to Enter History 2 (2/2)
In addition, Matthew saw that the most expensive is to create the basis in the digital market, then the values fall far more to develop these new technologies.
And the digital camera from Matthew's company could be considered good for the time, Matthew's camera has 0.8 megapixels of quality and the biggest companies have only 1.3 megapixels, in addition, color cameras with values of less than thousand dollars were starting and developing in the market.
And these leading companies in the market have invested hundreds of millions to create this camera, and Matthew has not even reached 10 million in investments, and much of that money has been selling some machines that would not be used to make digital cameras.
All this was because Jake had said that the way that Matthew's company had to follow, with a goal in front they did not waste time not knowing what to do so Matthew's company keep up with market-leading companies.
This first digital camera would be sold on the market just to spread the company name and remind the consumer of the company brand, not to mention that Matthew's company was one of the only ones on the market that was from the United States, so consumers would choose a domestic company than an outside company.
”Jake, this is the best our company can do today, that's because I do not have the money to invest in new technologies before selling this camera after I get the profits I can continue to invest.”
What Matthew said was true, he put that price because it was the same thing the competing companies were doing, but to make those cameras cost only $ 600, so he could have almost $ 400 profit from every sale of that digital camera.
Of course, if Matthew put the value he invested in camera technology he could make a lot less profit, so he would have to wait for the profits to be able to invest more.
”The USB technology you're talking about is about to be finalized next year, and besides, I heard that it was only in 1998 that the first computers were fully adopting this technology, we have time to be one of the first to develop that.”
”I'm already getting in touch with some companies that are developing the memory card, so our next camera may already have these two technologies, we'll also try to improve the quality of the photos and zoom in on the next camera.”
That's right while pitching a product to Matthew's company already knew what to do for the next model of the digital camera, that way they saved time and money on it, so Matthew was thinking of giving a company share to Jake.
”So fine, I just want your business to succeed, Matthew, do not forget to try to develop the technology so you can put the camera lens on a mobile device and on the computer, so you can even take the initiative to ask for a contract with the big companies.”
Jake remembered to hear since around 2000 the first camera phones were created, so Matthew was less than 5 years old to develop this technology, this was the future of digital cameras.
If Jake told this to SONY they would not only develop the technology and they might even be the ones developing the first camera phone before 2000, so Jake was giving Matthew a chance at life.
”Try also to make a bigger screen for the digital camera, it is better if it is a liquid crystal, this could increase the prominence of your company.”
So having said all he needed, Jake left, he realized that Oliver was there just to keep Matthew from talking to Jake about Liza and Joseph, Jake did not want to get involved in it either, so he left quickly.
Jake was very curious to know how much Matthew's company could get out of money from the sales of this new digital camera, but since this was not his business, Jake decided not to get involved unless Matthew wanted his help.
After all, Jake had a lot of new ideas for investments, but he had to tell Emily everything before. After all, it would not do any good for him to have an assistant and not work with her when he needed something.
As a few more days went by and the day of the regional championship finale arrived, Jake woke up early in the morning and ate breakfast for his mother, Eva was happy to make breakfast for Jake on game days.
After all, living with Jake in the same house had seen him very little in the last few months, so she felt better doing her job as a mother doing at least Jake's breakfast on the day of the game.
After Jake packed his things and went to the scene, it was the first time Eva would not be in the stands in a final game, it made Jake a little sad even though Eva was very happy with the restaurant.
Eric also was not in the stands for this game, so Jake could not see anyone he knew, after all, Tiffany and Clara were busy with their companies and did not have to attend a regional championship final.
His other sponsors also did not send anyone to see the outcome of this game, even if Jake should be happy that these people trusted him, it was better than he had someone cheering for him.