Vol 6 Chapter 474: How to retreat
? A seagull flew over his head with a quack, Chief Yang stopped.
The reason for this is because from the bottom of his heart, he still doesn't quite believe that Feng Yiping will work with Microsoft to deal with him and Yahoo at such a time.
In the nearly 15 years from the start of his business to the present, he has been held up to the altar, and he has also been silent. Now he has become somewhat marginalized and has become a trend of yesterday.
These ups and downs for more than ten years have made him believe that since he is the two best Chinese in Silicon Valley, he must watch fairy tales such as helping each other, but if he is based on his experience, even Feng Yiping would be wrong. , That would really make him feel a little frustrated.
Sometimes we don’t care if there are many opponents. What's sad is that there are people in your opponents who you originally liked.
Feng Yiping walked to Chief Yang and listened to the laughter from the other decks, and looked at the gradually blurred land. "Chief, do you think it will take too long for Yahoo's market value to return to $40 billion? "
"Three years, or five years?"
"Have you ever thought about such a cruel possibility, whether it is three or five years, Yahoo's market value will never exceed 40 billion US dollars?"
"Impossible," Chief Yang shook his head. "Just give me two years to reorganize Yahoo's business system and re-establish the direction of development. We will definitely..."
"Do you think the board of directors can give you two years to do this kind of work?" Feng Yiping interrupted him unceremoniously.
Chief Yang was silent.
Two years?
It is estimated that after two quarters, if he cannot deliver a satisfactory answer to shareholders, and the stock price declines or does not rise, his actions will be subject to many constraints.
If Yahoo's board is a board that focuses on long-term benefits, in the past few years, they will not have so many initiatives focused on short-term benefits.
It is estimated that under such circumstances, he will soon "receive" some "proposals" and some "proposals" for acquisitions.
Acquisitions are the most volatile method for stock prices.
He looked at Feng Yiping, thinking about Google, which is now in full swing, and he felt very sorry for the diligent Google.
In the beginning, why didn't he and Ferro think of designing a two-tier equity structure to ensure their control of the company?
At that time, under the enthusiasm of venture capital, they sold so many shares in a daze, so that now, they have completely lost control of the company they founded.
Perhaps, the mistakes made by himself and Filo were to provide the best negative reference for Google and Feng Yiping in front of them?
He shook his head, it was uncomfortable enough, so don't think about these more uncomfortable things.
But Feng Yiping did not take care of his emotions.
"Or, the Yahoo board unconditionally supports your work. Do you think, two years later, can you beat Google in the search field, or in the social field, defeat my company?"
Chief Yang... has nothing to say.
That is naturally his goal, but it is really a goal that he has no confidence to accomplish.
Two years later, whether in the search field or in the social field, the companies of Google and Feng Yiping will definitely make further progress.
The gap between Yahoo and them at that time was not necessarily smaller than it is now.
However, he did not think that Yahoo will become the number one company in the search field or the social field under his re-lead. As long as Yahoo's other businesses continue to develop, he can still rank first in those two fields. Two, Yahoo’s future will be bright.
He still has confidence in this...The premise is that he can turn the board of directors into his own words like Jobs.
And the reason why Jobs can have such a status is that the series of products he researched and developed back, which immediately restored Apple's vitality.
Can you do it yourself?
He quickly went over some of his thoughts. Unfortunately, at least for now, he did not expect to have such a product.
"Do you think that two years later, Google will only be a pure search company, and my social network will only be a social company?" Feng Yiping seemed to see Chief Yang's mind this time.
"The times are different, and the users are different," he said. "With the popularization of smart phones, the Internet will also enter an era of major changes. Any single model can only support one company, at best. It's only a few years,"
"We must proactively broaden the industrial boundaries and systematically implement industrial transformation and upgrading when the development is fairly smooth."
Chief Yang wants to say, that's why you launched the Android system, right?
"Yahoo, has missed too many opportunities, squandered too much money, now there is no chance for trial and error,"
Chief Yang wanted to refute, but he really couldn't say anything to refute.
Think about the funds Yahoo spent on acquisitions over the years, think about those projects that were acquired at high prices, and now what are still a little trace, his heart is also aching...
"Chief, I think you must understand that Yahoo and Google, and my social network, what is the biggest difference," Feng Yiping asked.
Such a question is obviously not good for Chief Yang to answer, so he asked himself and answered, "The biggest difference is that Google and my company have more user information, so they can achieve accurate advertising. "
"And Yahoo? No matter how many users you have, you can only have a small amount of user data."
Is it now possible for a user to register in detail before he can browse the news of Yahoo Finance and Entertainment?
Not to mention, Chief Yang really has such an idea, but the result of doing that now is to keep more users away from Yahoo.
"In the early days of the Internet, because there was no choice, Yahoo would gain the favor of advertisers, but now, why don't advertisers choose search engines and social networks?"
"Yes, there are many new directions, e-commerce, cloud computing, big data..."
"However, I always suspect that with the current short-sightedness of Yahoo's board of directors, they will most likely not agree to invest in these projects that require a large investment in the early stage and will have a long return period."
"That is, you can get the board of directors to agree, but with Yahoo's current style that is always two beats slower and the intensity is always one level worse, I don't think that Yahoo can run these projects well."
"I know that these words must make you uncomfortable to hear, but as a friend, I still have to say," Feng Yiping looked at him, "For example, if Yahoo can still have that ability, then Yahoo China What is the result of development to the present?"
This is another thing that makes Chief Yang think about it and feels heartache, and it also makes him remember the old saying, "You only know how to cherish after you lose it."
After Zhou Dapao left Yahoo and watched a veil of venture capital, he has officially become the person in charge of 360, and the 360 Defender he launched has become one of the most successful products in China this year.
From the perspective of development trends, in the past few years, he will definitely come to the United States to ring the bell.
If at first... then now...
He shook his head.
"So in my opinion, Yahoo is still a very powerful company, but from the company's board of directors to the executive team underneath, all must be changed in order to achieve success in future competition."
"But under the current circumstances, who can do such a job? I think you are powerless too!"
"The result of not being able to make such a major adjustment is that Yahoo's market value will shrink further in the future. Moreover, it cannot be ruled out that this situation will come soon,"
"I think at that time, the board of directors will definitely discuss your tenure again, and those who originally regarded you as idols ~ www.wuxiaspot.com ~ will resent you because you refuse to sell Yahoo at a high premium. "
"At least, I am very reluctant to see that ending,"
"Chief," Feng Yiping pulled Chief Yang to sit on the sofa, "I know, you are not reconciled, I know, you still have a lot of ambitions, but I have to say, according to your current strength, for Yahoo, you are already Powerless,"
"On the contrary, after Yahoo was acquired by other companies, it carried out a series of drastic reforms and adjustments. This historically significant company you founded has a chance to survive."
"For you personally, before you leave Yahoo, you can still obtain very good returns for all investors. In the future, you will still be the Chief Yang who is admired by all Internet users and investors. "
"So Chief, why not follow the investor's opinion, seize this opportunity, and finally retreat?"
https:
Please remember the first domain name of this book: .. Mobile version reading URL: m.
