[Deep Business War] The Extreme of Focus vs The Addition of Ambition: From the Fate of Roborock and Dreame to Xiaomi’s “Precision Harvest at the Top”
[Deep Business War] The Extreme of Focus vs The Addition of Ambition: From the Fate of Roborock and Dreame to Xiaomi’s “Precision Harvest at the Top” To ordinary consumers, the smart cleaning appliance market — robot vacuums and floor washers — looks like a battlefield of titans. People love watching Roborock and Dreame clash through robotic arms, extreme suction power, dual-roller washing systems, and SLAM vision navigation algorithms. But if we shift our perspective away from the front-end product battle and toward the deeper logic of venture capital (VC) and corporate venture capital (CVC), a very different picture emerges: this is not just a hardware R&D war, but a strategic game carefully arranged by Lei Jun — a textbook case of a four-layer capital structure and strategic arbitrage. In this intense “Mi-style bamboo forest” competition, the ending is already becoming clear: this is not a story of two equal rivals, but a final judgment on “focus versus ambition.” And be...