Vol 5 Chapter 1141: force

phone-reading

But this problem, for Feng Yiping, is not a problem either. "You should know that I don't have confidence in you, I don't have confidence in capital."

"The pressure you are facing right now is different from mine,"

When Feng Yiping said this, Page and Brin said silently.

Although they paid great attention to the control of the company from the beginning, they still hold Google firmly in their hands. However, as a company that must rely on external funds to help its development, compromise is inevitable.

At the beginning, Page was forced to cede the position of CEO and accepted Schmidt, who was arranged by venture capital, to implement "minor guardianship" on both of them.

With Page's character, he was forced to accept the business "underage" of himself and Brin that the venture capitalists identified as a very big concession.

This should also be the reason why it is still difficult for him to have a good impression of Schmidt, even if he knows that Schmidt has shared a lot of work for himself, he has indeed successfully established Google's business system.

Google's sales are indeed driven by Schmidt.

After the IPO, they face greater pressure from capital.

You can’t expect all people who have bought Google’s stock to be like Buffett and value Google’s long-term development rather than immediate returns.

Sorry, regardless of Chinese and foreign, most investors care more about short-term rather than long-term returns.

Of course, there are still some differences between short-term and short-term. Domestic short-term may be really short-term, only a few months. On average, short-term holdings of foreign stockholders are relatively longer.

But this does not mean that my stockholders are immature. The reasons are very complicated. Foreign families who invest in stocks have a relatively thicker family base; they will all have their own financial advisors; including their average level of mathematics is poor... Well, this is the problem. Foreign words.

Then the reality is that if the performance of Google's stock has a period of time, such as two quarters, when it is not satisfactory and there is a decline, this will also cause a large number of investors to throw out their own Google stock.

When the stock price goes down, facing the pressure of shareholders and the board of directors, Page and the others have to do some work that can boost the stock price in the short term.

At the same time, the independent directors on the board of directors of listed companies in the United States are not the independent directors who do decorations in China. For their own reputation-after all, they are also for the benefit. Many times they will not stand with you.

In addition, there are regulatory pressures.

According to the regulations, you must submit relevant statements to the US Securities and Exchange Commission, an institution that any company listed in the United States does not dare to neglect or offend within the statutory time and deadline.

For example, quarterly reports, which are 10-Q forms, and annual reports, which are 10-K forms.

The quarterly report is fortunate, it is relatively brief, and the relevant financial data disclosed may not be audited.

However, the annual report 10-K submitted to the SEC must be extremely detailed.

For example, the company’s organizational structure, the salaries of all senior executives, from major expenditures, external mergers and acquisitions, to offices and warehousing in various places, and leases for vehicle leasing... all the information that shareholders want to know must be detailed Of disclosure.

And all the financial data in the 10-K form must be the data after the financial audit.

It is conceivable that in such statements, the operating status is naturally the top priority, because these statements provided by listed companies to the SEC are an important basis for shareholders' decision-making.

These reports are not opinions that have been mixed with their own judgments by experts and analysts, but their characteristics are very pure.

How did you do this year, how much money you made, how much money you spent, how much money you plan to use for investment, and how much money you can divide into...

There are also some information that determines whether investors will continue to hold: how do we plan to do next year, next year will be more optimistic or pessimistic than this year, and will earn more or less than this year.

Why do you earn more and why you earn less? In addition to the impact of the general environment, the most important factor is competition from competitors.

It is conceivable that if Facebook becomes more and more successful in the field of online advertising in the future, no matter what Page and Brin think, Facebook will definitely appear in Google's 10-K competitor column.

Since Facebook is listed as a competitor in such documents, don't you specify relevant countermeasures?

So, in the future, will Facebook put tremendous pressure on Google in the field of online advertising?

Feng Yiping knows better than anyone, yes!

Combined with the future information bombing, he has already figured out some problems. The most fundamental competition in the Internet field has always been, in fact, not products or services.

The most fundamental competition is entrance!

The reason why Yahoo became the overlord at the time was that the information hub was the first entry point for Internet users.

The reason why Google has surpassed Yahoo now is because it has successfully taken the front door of the Internet from Yahoo with its powerful search engine.

In the future, especially in the mobile Internet era, the Internet will shift from a popular portal such as portals and search engines to a personalized portal such as social networks.

This is the fundamental reason why Facebook can shake Google in the future.

If you do not plan ahead, then in the future, Schmidt may not be the only one to mention the conflict of interest brought about by Feng Yiping as a major shareholder and executive of Google.

Page and Brin also had to spend a lot of time and energy to target Feng Yiping's company under the pressure of capital.

Page moved the empty glass of juice on the table, "Indeed, from the beginning to the present, we are even more upset. It has never been the product, but the competition with capital."

"Indeed," Brin agreed.

"Please, this is something every entrepreneur must go through, isn't it? Besides," Feng Yiping pointed to so many employees with confidence and enthusiasm around them, "With such a powerful force, it is not about changing the world. Your dream is one step closer?"

"So, why didn't you face such pressure?" the two said in unison.

"This," Feng Yiping could only raise the cup and punished himself with a gulp of juice. Indeed, no entrepreneur can be like him. In the early stage of his business, he does not need the support of external funds.

Brin also touched his cup with Peppa, and said sourly, "No way, some people, that's not envious."

Feng Yiping could only smile and said, "I am indeed lucky,"

"Yes, the whole earth knows that you are a lucky man,"

This is the charm of the Internet age. The title given to Feng Yiping by the domestic public, "Lucky Feng Yiping", has spread to the United States.

"However, after acquiring Netflix~www.wuxiaspot.com~ and founding YouTube, you bought Marvel again. It seems that you really want to get closer to Hollywood. I said, can you tell us quietly," Brin blinked his eyes and asked Feng Yiping with a smirk, "When you make a decision, apart from your judgment on the market, do you have any other considerations, such as those beautiful women in Hollywood?"

Page also smiled and lowered his head, "Yes, confess!"

Next, Mayer saw Feng Yiping and the three of them with that smile on their faces. He stretched his head together and whispered. He shook his head and said to Wu Qian, "I'm pretty sure, those guys, the topic they are talking about now. , Must be a woman,"

"Well," Wu Qian nodded in agreement.

But, when the three of them get together, which woman will they talk about?

"It's not those vases in Hollywood, or well-known supermodels," Meyer has already given the answer.

"These men!" The two of them followed and said in unison.

Immediately, these two women who had only met for a while, suddenly felt that their relationship had been sublimated, because they had such a tacit understanding.

Over there, Feng Yiping shook his head and looked at the two guys, "Please, you have your own ideas, can you put it on my head?"

"Come on, don't pretend," Brin said.

"Hypocrisy," Peppa also expressed his contempt for Feng Yiping, "rest assured, we will not discuss this issue with Huang, let's talk about it."

"Go ahead," Brin also winked and continued to persecute.

Facing these two guys, Feng Yiping was very helpless. He touched his head a few times, "Well, I admit, I do have some'other' ideas,"

He gave the two a look of "you know".

"Hey, I'll just say it!" Brin rubbed his hands and said excitedly, "Say it, say it,"

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