Vol 6 Chapter 461: No solution

In Silicon Valley, Sun Zhengyi and Chief Yang have breakfast in a cafe.

Over the past ten years, both the investor and the investee have been different from those of the past.

One is still an industry leader respected by everyone in the Internet field, and the other has become the world's most successful Internet investment tycoon.

And their achievements and status today all began with Yahoo.

Maybe it was because they were both years old. After the two met, Qi Qi recalled the days that contained passion and hope.

After that, everyone was a little depressed.

Talented people have come out from generation to generation, and each has led the way for several years. Today's Yahoo is no longer the glory of yesterday and is no longer the king of the Internet.

Even with that, the myths on them both faded.

Soon, what permeated them was a deep unwillingness.

"Social, must be the next hot spot," Sun Zhengyi said, "I have been in touch with Twitter. It seems that they have the willingness to be acquired."

"When all the dust is settled, I hope that Yahoo and Twitter can work together to develop collaboratively in terms of social interaction and create success together."

Sun Zhengyi knows how to use his advantages.

Compared with Feng Yiping, his current advantage lies in the fact that he invests in more American companies, so he can provide assistance to newly acquired companies in all aspects.

Yahoo, which has carried out frenzied acquisitions in recent years, naturally has a layout in terms of social interaction, but it develops in coordination with Twitter?

Chief Yang declined to comment on this issue for the time being.

He can't forget that Google grew stronger on Yahoo's shoulders.

At that time, the assistance provided to Google was mainly due to the requirements of investors.

Although the original intention of KPCB and Sequoia was to provide a barrier for Yahoo, they did not expect to cultivate a strongest competitor for Yahoo.

Chief Yang, who has served as the CEO of the company he founded again in the middle of last year, will never make similar mistakes again.

What's more, his current job is also unprecedented, the most important of which is to deal with the acquisition initiated by Microsoft in March.

Because he was dissatisfied with Microsoft's offer, he did not reach a consensus on the merger. The strong Microsoft is said to be preparing to directly contact Yahoo shareholders.

That is his top priority at the moment.

The purpose of his meeting with Sun Zhengyi today is to hope that Sun Zhengyi can stand on his side, not to cooperate with Twitter.

"Twitter? Dorsey and the others, aren't they in China to talk with Feng on related issues at this time?" He said.

Sun Zhengyi shook his head, a little proud, "Don't you know? They already returned to Silicon Valley yesterday afternoon."

"They left China almost immediately after receiving my call,"

Sun Zhengyi unceremoniously drove Dorsey and the others back to Silicon Valley because of his phone call.

"I believe we will reach an agreement soon," he continued to write a blank check.

As a partner and friend who has been in contact for many years, Chief Yang naturally has a certain understanding of Sun Zhengyi, knows some of his habits, so he doubts these words.

"We have counted that there are currently 113 Twitter-like products in the world. In the United States, they have several powerful competitors," he said.

"Not to mention Feng and his ones have become the de facto No. 1 social empire in the world,"

"Jerry," Sun Zhengyi shook his head, "As before, you are still too cautious,"

"You know, my consistent principle is to act immediately and resolutely when there is a 70% chance of winning."

"If you have to wait for a 90%, or 95% chance of winning, then you will probably fail, because the opportunity you are optimistic about has long been taken first."

This is indeed the investment philosophy that Sun Zhengyi has always adhered to. A brief summary is that although from an ideal state, the higher the odds, the higher the success rate, but in the actual operation process, those who act according to the 90% odds , Will definitely be defeated by those who act according to the odds of 70%.

Chief Yang heard this theory again and was very helpless.

Yahoo used to be very capricious, rich and capricious, brandishing a checkbook, and acquiring many startup companies, including the social and video sites that made Feng Yiping a great success, but now Yahoo does not have capricious capital.

"Sun, you and I have been friends for many years, and Feng and I have also dealt with many times."

"Feng is a very gentle, outstanding young man with extraordinary vision, and we all know that Feng is now extraordinary in strength,"

"So, from a friend's point of view, I very much hope that you two can get along peacefully,"

Chief Yang is really a kind man.

"I know, I know," Sun Zhengyi nodded.

"Why did you withdraw from Ali so happily in the first place, but now you are doing this?" Chief Yang asked, "I know Feng, he is not gentle at all times,"

"As far as I know, all the individuals and companies that have targeted him in the end have found that no matter how much they value him, they actually underestimate him."

Chief Yang is euphemistically reminding Sun Zhengyi to think about the consequences of Feng Yiping.

"I naturally have confidence in you, but if this continues, you will definitely have a victory or defeat..."

"That's not the result I want to see,"

"Jerry, thank you for your concern and kindness," Sun Zhengyi looked at the slightly deserted streets of Silicon Valley in the early morning.

"Recently, I made a classification of well-known figures in the high-tech field. All these well-known Internet leaders can be roughly divided into two categories."

"One category is like you, like Bill Gates, relying on technology to become a leader in the high-tech field in the United States,"

"One type is like me, through the tentacles of capital, successfully entered the IT and Internet fields,"

Chief Yang nodded, "Your point of view is very innovative,"

"Then Jerry, what do you think, Feng, does he belong to?" Sun Zhengyi asked.

This really stopped Chief Yang.

Because Feng Yiping obviously does not belong to the former category, people in Silicon Valley know that Feng is a business student, and he himself has been honest many times. Even the few basic language expertise he had contacted at the beginning has long been returned. Up the teacher.

But to say that he has no technology at all, that doesn't seem right. Don't forget, he still has the title of father of cloud computing and father of big data.

These professional computer practitioners were not aware of the problems, but he found out and formed his own theory.

If you make an analogy, this is probably similar to what the well-known martial arts writer Jin Yong described. Those do not have specific moves, but they can always see the flaws in the opponent's moves at the first time, and quickly give a response plan. People.

But he is still not a technical internet tycoon.

Likewise, he does not fall into the latter category.

Yes, his development in the United States at the beginning really started with investment, whether it was deCarta and NAVTEQ related to electronic maps, or even the opposite, Sun Zhengyi, who was once known as the Internet emperor, was jealous. Google's successful investment.

But after that, whether it was the NEXTDOOR that he first founded, several successful mergers and acquisitions, and the Facebook and YouTube that he founded, coupled with the current growing popularity of Tesla, it completely made him the most successful and most successful in Silicon Valley. Avant-garde entrepreneurs.

But think of the latter group of people like Sun Zhengyi, let alone those successful companies founded by Feng Yiping, that was when the Internet bubble started, even if the future of the company was unknown, the model was unclear...no problem could be solved. The nature of the company?

No, their interaction with the Internet and high-tech fields is all because of investment and money.

"It seems that you have also realized that Feng, he can be said to be an outlier," Sun Zhengyi said. "Have you ever thought about an outlier like Feng. What impact might it have on us in the future?"

"Especially, have you noticed his recent developments?"

"I have analyzed, maybe he will not start any more companies now, so his main task in the future, in addition to developing his own company, is to invest in those startup companies he likes."

Sun Zhengyi stood up, as if he had used the restaurant they were in as his own office, "He has also begun to devote part of his energy to investing in startup companies."

"Compared to us as simple investors, as entrepreneurs, he and entrepreneurs must have a more common language,"

"And now who doesn't know his superior vision? Who doesn't know that it is precisely because of his strategy that Google can develop so smoothly?"

"Plus, the companies he acquired have developed better, and the heads of those companies have all received excessive returns,"

"And he never seems to be short of funds," Sun Zhengyi murmured, "I don't believe in the rankings on Forbes at all. I'm even sure that the people ahead of him on the list have assets that can be used for investment at any time. Funds will never be more than Feng..."

"So you think, in such a situation, if he and I look at the same company at the same time, those entrepreneurs will choose me or him?"

Your entrepreneurial experience is not as good as Feng Yiping, your vision is not as good as Feng Yiping, your reputation is not as good as Feng Yiping, the protection of the interests of the founder of the investment company is not as good as Feng Yiping, and even the capital is not as good as Feng Yiping...

It goes without saying that entrepreneurs are naturally more inclined to choose Feng Yiping.

"But, according to what you said, Twitter, doesn't it just lean more towards you?" Chief Yang asked.

"This is just an example," Sun Zhengyi said without changing his face.

In fact, he didn't know much about this case in his heart.

"You have known for a long time that I set a goal more than ten years ago. I only invest in high-tech companies related to the Internet. Of course, Silicon Valley is my most important investment place."

"And China~www.wuxiaspot.com~ will be another market worth investing heavily in,"

"But with a competitor like Feng, do you think, let alone China, just say in Silicon Valley, how many opportunities do I have?

It may depend on how many opportunities Feng Yiping is prepared to give you.

Judging from the current situation, he may really not give you any chance.

"So Jerry, do you understand why I did this?"

"It's not that I want to target him for no reason, but that I have to target him,"

"The later you target, the fewer opportunities...so I am also a last resort,"

"Sun, I think there should be other solutions,"

"Haha," Sun Zhengyi smiled and shook his head.

How can there be other solutions?