Vol 5 Chapter 1078: Chief Yang's efforts

The night outside the window is bright and quiet. Logically, this should be a moment of peace of mind, but Chief Yang sitting in the office, looking at the collection of materials in front of him, is beyond words.

Sun Zhengyi's call made him immediately pay attention to the Chinese Internet company that he should have heard several times, but has not been in contact with before.

Although the information presented to him now confirms his judgment, at the beginning, Mr. Sun, who must invest in himself and said to himself, "We are to be friends for a lifetime", the motivation for his opinion , It is certain that at least part of it is not for the development of Yahoo China.

However, the company he mentioned seems to be a very good choice.

This can be seen from the fact that it has developed better and better under the heavy investment of eBay.

This can be seen from the attention and support of Feng Yiping and his company to this company and his founder, Jack Ma.

Everyone knows, and he also knows very well, Feng Yiping, a young fellow in mainland China who makes him jealous, how precise his vision is.

It is conceivable that a company that he and his company pay so much attention to will definitely be a company with a lot of promise and money.

This is also the main reason for Chief Yang's irritability: I finally found a company that looks absolutely good. The problem is that this company has obviously been admired in advance, and it seems that you are in love with each other.

More urgently, according to the gossip that should be reliable, they should be in one family soon.

In other cases, this is not a problem. Although it is no longer the same as before the Internet bubble, its own Yahoo is still the top rich and handsome in the global Internet field. With this, it is a matter of winning love. This is not the first time I did it.

The third party is involved in this matter, and the person who does not do well is called the junior. The person who succeeds is called true love, and that is called a gift from heaven.

But this time, let alone grabbing love with a sword, but willingly put down and want to be a junior, it seems difficult.

Because Ali who fell in love with Jack Ma is Feng Yiping and his company.

Yahoo currently has a higher market value than Feng Yiping's company, but this is because his company in the United States is not listed, or he is unwilling to list his company.

As for his NEXTDOOR, many investment experts have already done analysis. Many business sectors of NEXTDOOR are already unicorn-level companies.

However, it seems that he still has no plans to spin off NEXTDOOR or go public as a whole.

If he lists all of his companies, it is hard to say whether it will exceed Yahoo's market value.

As for fame, at this time last year, Yahoo’s fame was indeed much more famous in the world than Feng Yiping’s company. But now, with the successive launch of Facebook and YouTube, as they spread their fans around the world, his The company's limelight is now the same.

In terms of popularity, it is hard to say that it will surpass Yahoo, which he founded, but if it is said to be equal, no one will doubtlessly object.

The strength is not bad and the popularity is similar. The only irreversible advantage that his Yahoo currently has is history.

Yahoo is a company founded in the last century, a company that led the Internet era.

But Chief Yang is not sure whether this advantage will increase the attraction to Ali.

History is sometimes a double-edged sword. In the Internet field, which is closely related to the cruel theorem of a cycle of 18 to 24 months like Moore’s Law, it seems even more so. Because of the word history, it can also be used for other purposes. One interpretation: obsolete.

So roughly speaking, on the whole, his Yahoo and Feng Yiping's Jiasheng should be evenly matched.

But this does not mean that Yahoo and Jiasheng have the same attraction to Ali. Compared with Yahoo, Jiasheng also has an irreversible advantage, that is, it and Ali have a very solid emotional foundation.

It did not hesitate to offend eBay and provided Ali with all-round support in the most difficult moment of Ali. This can definitely be said to be a move in the snow.

Therefore, under such circumstances, it is obviously not an easy task for Yahoo, which is similar to Jiasheng's comprehensive strength, to successfully intervene between Jiasheng and Ali, and to successfully get Ali's favor.

Feeling that he could not see clearly in front of him, Chief Yang took off his glasses to wipe, but felt a little dizzy.

He suddenly laughed. The biggest problem is not that there is dust on his glasses, but that the entire company seems to have been blindfolded when deciding on previous mergers and acquisitions since the establishment of the company.

In the American corporate world, mergers and acquisitions are commonplace.

Sometimes, even if the company itself does not have the intention of mergers and acquisitions, there will be related institutions, such as Wall Street, to promote your mergers and acquisitions of other companies.

Since its establishment, Yahoo has conducted many mergers and acquisitions, but most of them have failed, and they are not small failures, but big failures.

But in fact, Yahoo has a very clear and certainly correct acquisition strategy.

There are three main types of companies acquired by Yahoo.

The first category is that the company has technologies that Yahoo does not have and can technically supplement Yahoo; the second category is to supplement Yahoo geographically, such as areas where Yahoo has no business in the past; and the third category is to supplement top talents.

However, the correct strategy does not necessarily mean that the result is correct.

Looking back on the past, Chief Yang himself felt that there were at least two mergers and acquisitions. It is very likely that in the future, it will become the second most failed merger in the history of the Internet in a period of time.

In 1999, the company’s stock price went from 33 US dollars on the first day of listing in 1996 to 500 US dollars. It was also the peak year of the company. Two acquisitions were made: a price of 5.7 billion US dollars. Internet video site; the price of 3.56 billion US dollars, the acquisition of early social networking site GeoCities.

Looking at it now, the biggest result of the $5.7 billion acquisition is that his founder Mark Cuban has become a billionaire with a net worth of billions, thus giving the NBA an extra headache.

After selling Broadcast, this Mark Cuban first bought a mansion of more than 2,000 square meters, and then bought the NBA team Mavericks in his hometown of Dallas.

As for GeoCities, which also had high hopes at the beginning, after being acquired by the company, it has not yet completed its reforms and cannot sustain it.

Chief Yang couldn't help but wiped his eyes. Really, thinking of it, they were all tears.

He didn’t want to think of something at first, but today, he has to think about it, because the two projects that he suffered a lot from, the video website and the social networking website, are the two areas that now make Feng Yiping firmly move towards success. .

The most painful thing in the matter, about it is this!

Chief Yang couldn't help but think again about the subconsciously unwilling figure, which was 9.26 billion U.S. dollars, which was nearly 10 billion U.S. dollars at the end of the last century!

He took his hands off his eyes, and the place that needed comfort now was the heart.

Well, since I have thought of this, then speaking of it, there is also one more thing, which also makes Chief Yang very regretful.

At the beginning, I could acquire Google's key technology with only one million dollars, but I didn't have it.

Not only did it not, but when Google was just starting, let Google provide search services for its website...

Of course, from another point of view, these actions of oneself are also successful, warm, and full of positive energy. Because of their misconceptions and selfless help, they have successfully achieved a family that has been called "great "The Internet company.

Feng Yiping invested in this great Internet company. His US$100 million that year has now become more than 7 billion.

Thinking of this, Chief Yang could no longer sit still.

All these **** lessons have fully illustrated myself..., let alone myself, fully illustrated the harshness and precision of Feng Yiping's vision.

He always enters a field with great prospects at the most appropriate time like a godly aid.

What he did absolutely shows that Ali is definitely a company worth investing in, and China's e-commerce market is now in a good time for development.

Thinking about this, Chief Yang felt that he really couldn't wait any longer.

Because of Yahoo China, it seems that there will be no better chance than this.

In China's mergers and acquisitions, it is estimated that there will not be another opportunity to miss.

He took off his glasses again and breathed.

This matter, thinking about it, is also a face of tears.

As early as 2002, Yahoo took a fancy to a small company that had only been established for two years, carrying a sack of US dollars-a total of 40 million, to talk about acquisitions.

In China in 2002, it was definitely a huge sum of money in the Internet field in China in 2002.

And that company, Nahui, does not have a mature and stable business model. It mainly provides third-party search services to Chinese portals. From the business to the capital chain, it can be said that it is very fragile.

The result of that time was that the main creative team of the other party rejected Yahoo's acquisition with various feelings and dreams.

But Chief Yang now thinks that if he didn’t treat them contemptuously back then, he paid a little more attention to them, made his moves more generous, and took a few more sacks of US dollars, such as 10 million more, then 10 million, then it is likely to be an increase. The last straw in that startup Camel.

Or simply give them 7 friends, an average of 10 million US dollars per person, Chief Yang believes that it will be enough to buy all their feelings and dreams.

Because later, I contacted that company again, and they gave a new offer, 150 million US dollars.

It could have been possible, but since the 3721 offer was only $120 million, they decided to save the $30 million that was not too precious or worth mentioning to Yahoo.

Then, the result now is that after the 3721 team fully entered Yahoo China, from their own point of view, Yahoo China's development is still not ideal, otherwise, there is no need to bother to buy Chinese Internet companies.

The company that I missed has already been confirmed to be listed on the Nasdaq this year, and it is believed that it will have a market value of at least $1 billion.

The market value of $1 billion is small, but the key is that it successfully occupied most of China's search market.

Not only that, if I could decide to spend the extra 30 million US dollars at the beginning, not only will there be one more search company that dominates the Chinese market~www.wuxiaspot.com~, there should also be one more outstanding professional manager, Luo Bin Li.

Thinking of this, Chief Yang immediately grabbed the phone. He decided to ignore everything, not to discuss with the board of directors or with his co-founder David.

Regardless of whether you take the initiative to make an intentional acquisition call to the other party in the middle of the night, you will easily let the other party know that you value him... and also let Feng Yiping, who had a good relationship with him, have opinions about him... …, it’s also very possible that the other party will not even bother with this proposal, let them lose face….

In short, Chief Yang decided to leave all this behind and call there now.

I have missed so much. I have missed Robin Lee and his company in China. This time, Jack Ma and his company must not be missed.

If you miss Robin Lee, you can also say that it is not that you suddenly become stingy at a certain moment, but that you don’t have a clear view of the future development of Robin and his company. Then, this time, because it is equivalent to Feng Yiping. It is guaranteed that this time the target company’s future development must be promising and will exceed my imagination.

Chief Yang immediately dialed Lao Ma's cell phone on the information, and he checked it. At this time, it was the afternoon before get off work over there.

With a beeping sound, although the other party is only the founder of an Internet company with average strength, at least at this time, he is far from himself in terms of net worth and status, but Chief Yang, the godfather of the Internet, Still a little nervous at this time.

Beep, two, three, um, why didn't you answer the phone?

Four beeps, five beeps, followed by the sixth beep, is he busy?

Finally, at the ninth beep, I finally pressed the call button...