Chapter 2270 Sense of History

When we arrived in the United States, we first had to deal with Yahoo's affairs. We had to appoint Xu Liangjie as Yahoo's president and Zheng Xiaoli as Yahoo's senior vice president. These two people would transform Yahoo from the mobile side.

However, there are risks in doing this.

The current Yahoo acquisition has not really been successful, and the final step of regulatory approval has not been completed. Although Zhou Buqi has already had a plan before, there will be no obstacles to the acquisition of Yahoo, and there is a 99.99% chance that it will be approved, but after all, the process is not over yet.

Yahoo's stock is now just frozen.

Yahoo's delisting process has been initiated, but the formal removal of Yahoo's retail shareholders has not yet begun. They are waiting for regulatory approval.

If the approval is not passed, Yahoo will have to restore its original appearance and Yahoo's stock will be relisted.

So the safest way is to wait a few more months.

Once all the procedures are completed, there will be no worries when appointing Xu Liangjie and Zheng Xiaoli. But in this way, time is wasted.

Yahoo was already a little behind in its transition to mobile. If it were delayed for a few more months, the market would not know what changes would occur.

We have to quickly organize a new team and get down to business.

Zhou Buqi's boldness and courage show that he attaches great importance to Yahoo, which in turn makes those who truly love Yahoo full of expectations.

Ziweixing International is currently the best Internet company in mobile business.

If there is a company in the world that can lead Yahoo to complete the transformation from PC to mobile and recover its business, then this company must be Ziweixing International.

The next step is to hold an extraordinary general meeting of shareholders and appoint Yang Zhiyuan as a director of Ziweixing International.

This is a small thing.

The position of director is very important, but Yang Zhiyuan’s shareholding in Ziweixing International is too small, he does not have the identity of a founder, and he has not served as a senior executive... Even if he is an executive director, he has little say.

Prior to this, Yang Zhiyuan was an independent director of Ziweixing International.

Independent directors are mainly responsible for supervision, and their responsibilities are somewhat like supervisors.

It's different now that you've become an executive director. Now that you're one of your own, you can see more internal materials.

Yang Zhiyuan quickly adapted to the new job, and took the initiative to find Zhou Buqi and expressed his concerns, "Helo is launching a new function, a circle of friends..."

Zhou Buqi smiled and said, "Yes, I heard it's doing pretty well, with 250,000 Moments posts every day."

Yang Zhiyuan was slightly startled, "Isn't it 2.9 million?"

"Ah? Really?" Zhou Buqi was not surprised by this. His working style is different from that of many big bosses. "That may be because I haven't seen the latest data."

Yang Zhiyuan was a little confused.

Boss Zhou didn't pay much attention to such an important matter?

Is this arrogant or irresponsible?

If something similar happened to Yang Zhiyuan, he would definitely pay attention to the data in Helo's circle of friends. He would like to read it ten or eight times every day to grasp the latest real-time developments.

Unexpectedly, Boss Zhou’s information was so slow.

Is this the legendary insensitive power?

On the second day after the Moments went online, the number of posts that day reached 250,000.

Now this data has increased more than ten times.

Zhou Buqi said easily: "Helo has such a large user base, with more than 60 million mobile users. As long as the function of the circle of friends is well developed, it will not be too difficult to do it."

Yang Zhiyuan nodded and said worriedly: "This will irritate Facebook."

Zhou Buqi said: "There is nothing we can do about it."

Facebook is a social network with acquaintances, and through Facebook’s social network with acquaintances, it extends to the field of instant messaging on Facebook Messenger;

Helo is an instant messaging product. The user relationship built through instant messaging has been extended to the circle of friends, which is the social field of acquaintances.

The two products come from different perspectives.

In the end, they reached the same goal by different paths and embarked on the road of head-on confrontation and competition.

Yang Zhiyuan said: "I think the company still holds a large stake in Facebook. If this is the case, we must get rid of these shares as soon as possible to avoid causing controversy."

Zhou Buqi smiled and said, "They should be the ones who are anxious."

Yang Zhiyuan continued: "I heard that Facebook is also taking action."

"Um?"

"They are going to launch several social products for Ziweixing International, from socializing with strangers to socializing with pictures."

"Weren't we targeting them already?" Zhou Buqi said indifferently, "Never mind them! Just do your own thing well. Ziweixing's consistent corporate philosophy is to compete inward and compete with itself."

Yang Zhiyuan sighed, "Don't be careless! It took less than ten years for Yahoo to go from the world's largest Internet giant to the fate of being sold. To a large extent, it was a misalignment of the market judgment, which created a great opportunity for potential competitors." It leaves too many opportunities for growth. The most taboo thing in doing business is humility!"

Zhou Buqi agreed, "It's true."

Yang Zhiyuan said: "Especially in large companies, there are many things that you would rather kill a thousand by mistake than let one go."

He spoke English.

But Zhou Buqi understood what he meant.

In fact, it is the choice of track.

In the Internet industry, there are too many development tracks and countless forks in the road.

Which fork in the road will lead to the other side of success?

have no idea.

In order to solve this most difficult problem, many technology giants now adopt a wide approach, that is, they go through every track.

Nine hundred and ninety-nine times I failed, but I succeeded once.

The cost of trial and error is too high.

But success is basically guaranteed.

Just as technology giants such as Google, Microsoft, and Amazon have been able to prosper and remain at the forefront of their respective industries, it is actually a similar strategy.

The main reason why Yahoo is marginalized is the lack of such a pattern.

I'm not willing to bear the high cost of trial and error.

This gave rising stars such as Google, Facebook, Twitter and other companies room to grow, allowing them to grow bigger one after another and carve up the huge online advertising pie from Yahoo again and again.

These are all bloody lessons!

However, this actually has little impact on Zhou Buqi. He had the foresight, so there was no need to kill a thousand people by mistake... just choose the path that ultimately won, and then let a team with the ability to execute go on it unswervingly.

Ziweixing and Ziweixing International have grown so fast in the past few years that they have not even gone public.

This is the main reason.

Boss Zhou has a unique vision and can always choose the right direction, which greatly reduces the trial and error cost of company development. If companies like Google and Microsoft cast a wide net, it will be troublesome. At least there will not be enough funds, so they must first complete the listing and carry out large-scale financing through the capital market to advance.

Within a few years, this dilemma will not bother Zhou Buqi.

But Yang Zhiyuan didn't know that, and he was very worried. With the launch of Helo's circle of friends function, it would be a head-on war with Facebook.

The other party is an Internet giant that has already gone public!

As a "newcomer" to Ziweixing International, Yang Zhiyuan was worried that Ziweixing International would follow the same path as Yahoo and lose in the confrontation with Facebook.

At the same time, it can be regarded as showing some "loyalty" and professionalism to the new owner.

Yang Zhiyuan said: "What I mean is that since we want to develop in the social field, we must not be too conservative and pay attention to the direction of every possible social product."

"Yes." Zhou Buqi agreed and said with a smile, "Have you made any new discoveries?"

Yang Zhiyuan smiled, "It's quite a bit."

"Oh? What is it?"

"The Facebook product has been around for many years, but it is not difficult to find that as the product has been around for longer and longer, it has begun to be abandoned by many users. In the past few years, young users liked to use Facebook; But today, young users seem to prefer newer products like Ucgram and Twitter.”

"how is it?"

Zhou Buqi felt that what he said was not too accurate.

Yang Zhiyuan said with a smile: "A very important reason is the sense of history."

Zhou Buqi asked: "Historical sense? How do you understand it?"