Top of the Great Era
Chapter 2233 Representing Directors of Yahoo
Chapter 2233 Representing Directors of Yahoo
Zhou Buqi's entry this time can be said to hit the pain point directly, but it also exposed all his ambitions.
Yang Zhiyuan took a deep breath, "So you really want to buy Yahoo."
Zhou Buqi looked at him with burning eyes, "Do you think it's okay?"
Yang Zhiyuan laughed at himself, "What I said doesn't count."
Zhou Buqi laughed and said: "What you say doesn't count, who has the say? Even if you leave the board of directors, you are still the chief of Yahoo."
The changes in the past few years have made Yang Zhiyuan's spirit no longer as high as it was in 08, "Can I hear your reason? This is not a trivial matter."
Zhou Buqi said: "There are too many reasons, let me just say a few points... As I said just now, talent is hard to find. It is really difficult for Yahoo to find a suitable CEO. But Thompson has already been caught by others. Only I can hold back Carl Icahn and those guys. Keep Thompson, keep Yahoo hopeful."
"How?" Yang Zhiyuan was very surprised, "Isn't Carl Icahn's proposal a backdoor listing? There's no room for negotiation? You can't accept his proposal, right?"
Zhou Buqi said with a smile: "They are nothing more than to make money, just give the money. Especially Carl Icahn...I have seen him through for a long time."
Yang Zhiyuan couldn't help laughing, feeling that this kid was a bit cocky.
Zhou Buqi said: "Really, why does he want Ziweixing International to go public through Yahoo's backdoor? Because he can quickly complete the cash out. If Ziweixing International completes the privatization acquisition of Yahoo, he can only get He is not interested in long-term holdings of Ziweixing International’s original shares.”
Yang Zhiyuan nodded lightly, "There are such factors."
Zhou Buqi said with a smile: "Now is the downturn in many industries. Didn't that guy buy a lot of Netflix shares recently and is still fighting for the control of Lionsgate? To participate in the delisting of Dell. He now needs a lot of cash to operate new projects. For him, it is best to keep Yahoo public. But in the final analysis, it is still money.”
Carl Icahn participated in Dell's privatization and delisting, not to hold Dell's stock, but to take advantage of the extremely low price of Dell's stock price and become a shareholder with a certain right to speak.
Then wait for Dell to start privatization and delisting...
Carl Icahn can use his own capital power to operate.
Either, Dell paid him a large sum of money to buy all the stocks in his hands; or, he worked behind the scenes to prevent Dell's delisting process.
In fact, it is a threat.
Will Dell pay?
If you don't give money, don't even think about delisting!
But it is impossible to face Ziweixing International with this set.
Dell is a listed company, and it is not an AB stock. Every shareholder can participate in the business; Ziwei Star International is not listed, and even if it is listed in the future, it will operate in the AB stock model.
Once the AB shares come, one vote of A shares is worth [-] votes. At that time, even if Carl Icahn holds more B shares of Ziwei International, it is impossible for him to have any right to speak.
The competition for capital is, in the final analysis, a contest for power.
Yang Zhiyuan asked: "Can you make him give up on Thompson?"
Zhou Buqi said with a smile: "It's not so difficult. Don't think so badly about them. They want to make money. They will do things that harm others and benefit themselves, and they will not do things that harm others and benefit themselves. As long as the cooperation is reached , emptied the Yahoo stocks in the hands of those people, what reason do they have to harm Yahoo? To offend me for nothing? People like us are the easiest to act emotionally, and do things that harm others and benefit themselves, they will not."
Yang Zhiyuan nodded, "Is there any more?"
Zhou Buqi said: "There is also the Yahoo crisis. Is there a better way to deal with it? Boss Ma was so anxious that he shaved his head."
"Bald?"
"That's right, it's been a long time since I couldn't take back Ali's shares from Yahoo, and I've been getting angry. He'll be here tomorrow, and you'll know when you see him."
"It was also affected by Ali."
Yang Zhiyuan felt somewhat guilty.
He was criticized by the capitalist faction because of his emotions.However, the biggest criticism is not that he loves Yahoo too much.He is the founder of Yahoo, and he should love Yahoo.But his love for Asian assets is a bit too much.
This part of Asian assets is Yahoo's 40% stake in Ali and 35% of Yahoo Japan's stake.
This also shows Yang Zhiyuan's entrepreneurial attributes.
For Yahoo, people like Carl Icahn belong to the capitalist faction, and the biggest purpose of the capital is to make money. The capitalist faction can balance the factions of the entrepreneurial team, so that the entrepreneurial team should not be too idealistic and engage in some unrealistic projects. It is not shameful to make money !To minimize waste and create profits.
For Ali, Yahoo is the capitalist faction.
According to normal logic, Yahoo should limit Ali's strategy and constrain Boss Ma's decision-making. Don't let him engage in some idealized and unrealistic projects, let him do it in the direction of making big money.
Recently, Ali is doing cloud computing.
That was a real loss of vomiting blood.
Therefore, Yang Zhiyuan, as the director of the management stationed in Ali on behalf of Yahoo, should restrict this matter and not allow Ali to engage in such a large-scale project with huge investment and expensive money.
Isn't it good to earn money by playing e-commerce honestly?
But Yang Zhiyuan is an entrepreneur.
He can understand Boss Ma's mentality and ambition very well, and he has a good personal relationship with Ma...
This is sentimental.
This has become the most dissatisfied point of Yahoo's management faction towards Yang Zhiyuan.It’s all right for you to love the headquarters of Yahoo, but you can’t love Ali and Yahoo Japan, the two Asian companies, right?
For Zhou Buqi, this kind of emotion is precisely a point that can be used.
Of course Yang Zhiyuan doesn't want to sell Yahoo, but he also doesn't want his choice to affect the future development of Ali and Yahoo Japan.
There must always be an optimal trade-off point that can achieve balance.
Zhou Buqi went on to say: "Right now, Yahoo has no choice. Even Microsoft can no longer offer an offer. Yahoo has lost its strategic significance to them. Other capital institutions offer Yahoo, and they are all interested in Yahoo's capital. Value. Only Ziweixing International is different, paying more attention to strategic value. Ziweixing International is focusing on online advertising business. If you can’t buy Yahoo, you might buy AOL.”
"AOL?"
Yang Zhiyuan laughed dumbfounded.
Zhou Buqi said seriously: "This is not a joke."
Yang Zhiyuan raised his eyebrows, a little disbelieving, "Really?"
Zhou Buqi said: "Of course it is true. This is even higher political value than strategic value. Although Ziwei Star has been split and reorganized, from a nominal point of view, Ziwei Star is a domestic company, and Ziwei Star International is the headquarters registered company. An Internet company in Silicon Valley. However, the decision-making power of Ziweixing International is still in the hands of Lu Qi, Tang Binchen, Xu Liangjie, and Shen Xiangyang."
Yang Zhiyuan's eyes widened.
Some unbelievable.
There is such a point of view?
He has been in business for more than 20 years and has never considered this type of problem.Even when Yahoo came to China to develop, and later when Yahoo withdrew from the domestic market, it did not receive much policy pressure. It was entirely because of its lack of strength that it was squeezed out by domestic Internet companies.
Zhou Buqi said: "I am full of confidence in the future of Ziweixing International. The future strength of this company will not be much worse than Google. I must take some precautions in advance. Marriage is a very good choice."
"Marriage..."
Yang Zhiyuan took a deep breath.
Now I really believe it.
Although AOL is not very good at the strategic and business levels, it has a big name. This company is called "America Online" and uses the prefix of the country name.
Once Ziweixing International married AOL and completed the marriage, it was equivalent to having a political and legal protection.
Like health insurance.
Seeing a doctor in the United States is extremely expensive, and the medical expenses are sky-high.But if you buy medical insurance, you can enjoy free medical treatment.If a foreigner is sick in the United States and has no medical insurance, it will be miserable. It is better not to go to the doctor when you are sick. Ordinary people can't afford it.
However, once you marry someone who has purchased medical insurance, you can enjoy the other party's medical rights.
This is called "marital sharing".
Because of this kind of sharing of rights and interests, many fake marriages have appeared in the society to defraud the financial funds of various projects in the United States.
Of course, Zhou Buqi wanted to avoid some policy risks that Ziwei Star International might face in the future by means of real marriage.He also suggested to ZTE before, so that ZTE's future development in the United States will be smooth, just like Lenovo.
It's a pity that the other party didn't dare.
The root of ZTE is a state-owned enterprise. They dare not marry a foreign daughter-in-law... They can take concubines, but concubines have no right to speak, and regular wives want to share rights and interests.
As a state-owned enterprise, marrying a foreign daughter-in-law would be very taboo.
Ziwei Star International has no restrictions in this regard.
Zhou Buqi said with a smile: "If you really want to choose a marriage partner, the best choice is of course Yahoo. AOL is really ugly. It's not right to be a married couple. Not to mention being a regular wife, even being a concubine is not qualified."
Yang Zhiyuan couldn't help laughing.
At the same time, my heart was shaken.
He felt the importance of Yahoo to Ziweixing International.
One more important point.
This is not prostitution.
This is marriage.
is an act of equality.
Zhou Buqi said: "Old Yang, don't forget, you are not only a Yahoo chief who has been cleared out, you are also an independent director of Ziweixing International! You said yourself that you have been an independent director for several years. What contributions have you made? You can’t just get paid and not work, right?”
Yang Zhiyuan was angry and funny, "This independent director of mine doesn't get paid."
"No salary?" Zhou Buqi laughed, "It's not easy to earn a salary, why don't you stop being an independent director and come to be a director. Directors are paid."
"director?"
"On behalf of the directors of Yahoo."
(End of this chapter)
Zhou Buqi's entry this time can be said to hit the pain point directly, but it also exposed all his ambitions.
Yang Zhiyuan took a deep breath, "So you really want to buy Yahoo."
Zhou Buqi looked at him with burning eyes, "Do you think it's okay?"
Yang Zhiyuan laughed at himself, "What I said doesn't count."
Zhou Buqi laughed and said: "What you say doesn't count, who has the say? Even if you leave the board of directors, you are still the chief of Yahoo."
The changes in the past few years have made Yang Zhiyuan's spirit no longer as high as it was in 08, "Can I hear your reason? This is not a trivial matter."
Zhou Buqi said: "There are too many reasons, let me just say a few points... As I said just now, talent is hard to find. It is really difficult for Yahoo to find a suitable CEO. But Thompson has already been caught by others. Only I can hold back Carl Icahn and those guys. Keep Thompson, keep Yahoo hopeful."
"How?" Yang Zhiyuan was very surprised, "Isn't Carl Icahn's proposal a backdoor listing? There's no room for negotiation? You can't accept his proposal, right?"
Zhou Buqi said with a smile: "They are nothing more than to make money, just give the money. Especially Carl Icahn...I have seen him through for a long time."
Yang Zhiyuan couldn't help laughing, feeling that this kid was a bit cocky.
Zhou Buqi said: "Really, why does he want Ziweixing International to go public through Yahoo's backdoor? Because he can quickly complete the cash out. If Ziweixing International completes the privatization acquisition of Yahoo, he can only get He is not interested in long-term holdings of Ziweixing International’s original shares.”
Yang Zhiyuan nodded lightly, "There are such factors."
Zhou Buqi said with a smile: "Now is the downturn in many industries. Didn't that guy buy a lot of Netflix shares recently and is still fighting for the control of Lionsgate? To participate in the delisting of Dell. He now needs a lot of cash to operate new projects. For him, it is best to keep Yahoo public. But in the final analysis, it is still money.”
Carl Icahn participated in Dell's privatization and delisting, not to hold Dell's stock, but to take advantage of the extremely low price of Dell's stock price and become a shareholder with a certain right to speak.
Then wait for Dell to start privatization and delisting...
Carl Icahn can use his own capital power to operate.
Either, Dell paid him a large sum of money to buy all the stocks in his hands; or, he worked behind the scenes to prevent Dell's delisting process.
In fact, it is a threat.
Will Dell pay?
If you don't give money, don't even think about delisting!
But it is impossible to face Ziweixing International with this set.
Dell is a listed company, and it is not an AB stock. Every shareholder can participate in the business; Ziwei Star International is not listed, and even if it is listed in the future, it will operate in the AB stock model.
Once the AB shares come, one vote of A shares is worth [-] votes. At that time, even if Carl Icahn holds more B shares of Ziwei International, it is impossible for him to have any right to speak.
The competition for capital is, in the final analysis, a contest for power.
Yang Zhiyuan asked: "Can you make him give up on Thompson?"
Zhou Buqi said with a smile: "It's not so difficult. Don't think so badly about them. They want to make money. They will do things that harm others and benefit themselves, and they will not do things that harm others and benefit themselves. As long as the cooperation is reached , emptied the Yahoo stocks in the hands of those people, what reason do they have to harm Yahoo? To offend me for nothing? People like us are the easiest to act emotionally, and do things that harm others and benefit themselves, they will not."
Yang Zhiyuan nodded, "Is there any more?"
Zhou Buqi said: "There is also the Yahoo crisis. Is there a better way to deal with it? Boss Ma was so anxious that he shaved his head."
"Bald?"
"That's right, it's been a long time since I couldn't take back Ali's shares from Yahoo, and I've been getting angry. He'll be here tomorrow, and you'll know when you see him."
"It was also affected by Ali."
Yang Zhiyuan felt somewhat guilty.
He was criticized by the capitalist faction because of his emotions.However, the biggest criticism is not that he loves Yahoo too much.He is the founder of Yahoo, and he should love Yahoo.But his love for Asian assets is a bit too much.
This part of Asian assets is Yahoo's 40% stake in Ali and 35% of Yahoo Japan's stake.
This also shows Yang Zhiyuan's entrepreneurial attributes.
For Yahoo, people like Carl Icahn belong to the capitalist faction, and the biggest purpose of the capital is to make money. The capitalist faction can balance the factions of the entrepreneurial team, so that the entrepreneurial team should not be too idealistic and engage in some unrealistic projects. It is not shameful to make money !To minimize waste and create profits.
For Ali, Yahoo is the capitalist faction.
According to normal logic, Yahoo should limit Ali's strategy and constrain Boss Ma's decision-making. Don't let him engage in some idealized and unrealistic projects, let him do it in the direction of making big money.
Recently, Ali is doing cloud computing.
That was a real loss of vomiting blood.
Therefore, Yang Zhiyuan, as the director of the management stationed in Ali on behalf of Yahoo, should restrict this matter and not allow Ali to engage in such a large-scale project with huge investment and expensive money.
Isn't it good to earn money by playing e-commerce honestly?
But Yang Zhiyuan is an entrepreneur.
He can understand Boss Ma's mentality and ambition very well, and he has a good personal relationship with Ma...
This is sentimental.
This has become the most dissatisfied point of Yahoo's management faction towards Yang Zhiyuan.It’s all right for you to love the headquarters of Yahoo, but you can’t love Ali and Yahoo Japan, the two Asian companies, right?
For Zhou Buqi, this kind of emotion is precisely a point that can be used.
Of course Yang Zhiyuan doesn't want to sell Yahoo, but he also doesn't want his choice to affect the future development of Ali and Yahoo Japan.
There must always be an optimal trade-off point that can achieve balance.
Zhou Buqi went on to say: "Right now, Yahoo has no choice. Even Microsoft can no longer offer an offer. Yahoo has lost its strategic significance to them. Other capital institutions offer Yahoo, and they are all interested in Yahoo's capital. Value. Only Ziweixing International is different, paying more attention to strategic value. Ziweixing International is focusing on online advertising business. If you can’t buy Yahoo, you might buy AOL.”
"AOL?"
Yang Zhiyuan laughed dumbfounded.
Zhou Buqi said seriously: "This is not a joke."
Yang Zhiyuan raised his eyebrows, a little disbelieving, "Really?"
Zhou Buqi said: "Of course it is true. This is even higher political value than strategic value. Although Ziwei Star has been split and reorganized, from a nominal point of view, Ziwei Star is a domestic company, and Ziwei Star International is the headquarters registered company. An Internet company in Silicon Valley. However, the decision-making power of Ziweixing International is still in the hands of Lu Qi, Tang Binchen, Xu Liangjie, and Shen Xiangyang."
Yang Zhiyuan's eyes widened.
Some unbelievable.
There is such a point of view?
He has been in business for more than 20 years and has never considered this type of problem.Even when Yahoo came to China to develop, and later when Yahoo withdrew from the domestic market, it did not receive much policy pressure. It was entirely because of its lack of strength that it was squeezed out by domestic Internet companies.
Zhou Buqi said: "I am full of confidence in the future of Ziweixing International. The future strength of this company will not be much worse than Google. I must take some precautions in advance. Marriage is a very good choice."
"Marriage..."
Yang Zhiyuan took a deep breath.
Now I really believe it.
Although AOL is not very good at the strategic and business levels, it has a big name. This company is called "America Online" and uses the prefix of the country name.
Once Ziweixing International married AOL and completed the marriage, it was equivalent to having a political and legal protection.
Like health insurance.
Seeing a doctor in the United States is extremely expensive, and the medical expenses are sky-high.But if you buy medical insurance, you can enjoy free medical treatment.If a foreigner is sick in the United States and has no medical insurance, it will be miserable. It is better not to go to the doctor when you are sick. Ordinary people can't afford it.
However, once you marry someone who has purchased medical insurance, you can enjoy the other party's medical rights.
This is called "marital sharing".
Because of this kind of sharing of rights and interests, many fake marriages have appeared in the society to defraud the financial funds of various projects in the United States.
Of course, Zhou Buqi wanted to avoid some policy risks that Ziwei Star International might face in the future by means of real marriage.He also suggested to ZTE before, so that ZTE's future development in the United States will be smooth, just like Lenovo.
It's a pity that the other party didn't dare.
The root of ZTE is a state-owned enterprise. They dare not marry a foreign daughter-in-law... They can take concubines, but concubines have no right to speak, and regular wives want to share rights and interests.
As a state-owned enterprise, marrying a foreign daughter-in-law would be very taboo.
Ziwei Star International has no restrictions in this regard.
Zhou Buqi said with a smile: "If you really want to choose a marriage partner, the best choice is of course Yahoo. AOL is really ugly. It's not right to be a married couple. Not to mention being a regular wife, even being a concubine is not qualified."
Yang Zhiyuan couldn't help laughing.
At the same time, my heart was shaken.
He felt the importance of Yahoo to Ziweixing International.
One more important point.
This is not prostitution.
This is marriage.
is an act of equality.
Zhou Buqi said: "Old Yang, don't forget, you are not only a Yahoo chief who has been cleared out, you are also an independent director of Ziweixing International! You said yourself that you have been an independent director for several years. What contributions have you made? You can’t just get paid and not work, right?”
Yang Zhiyuan was angry and funny, "This independent director of mine doesn't get paid."
"No salary?" Zhou Buqi laughed, "It's not easy to earn a salary, why don't you stop being an independent director and come to be a director. Directors are paid."
"director?"
"On behalf of the directors of Yahoo."
(End of this chapter)
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