Top of the Great Era

Chapter 3172: There are risks in flying colorful flags

Shi Jinglin said that Zhou Buqi had gotten involved with women, which was somewhat slanderous.

At least he was well behaved during the day.

Although it was a vacation, he didn't completely let himself go. He still dealt with some work matters during the day. Because his businesses had long been spread across Australia, New Zealand, and Hawaii. At this time, Zhou Buqi was in his mansion in Point Piper, Sydney. He had already dressed and was ready to go to inspect a football team - Sydney Football Club.

This was purchased two years ago at a price of A$2200 million, driven by Sandezi.

Boss Zhou has too many businesses, including a global football group. He currently owns as many as eight football teams, including San Jose Purple Star, Shanghai Taizun Real Estate, Zurich, Givisent Football Club, and Tokyo.

Because Manchester United is too profitable and too well-known, it operates independently and is not part of this football group.

This business is really not good at all.

Apart from Manchester United, which is the most profitable club in the world, the entire football group can be said to have been losing money year after year, with at least 2000 to 3000 million US dollars in subsidies every year.

The good thing is that sports assets are now appreciating significantly.

A local businessman is willing to offer A$4000 million to acquire the Sydney club.

Zhou Buqi called Ning Yaxian and set off for the Sydney Club together.

I contacted Boss Ma on the way and asked him about Momo.

"Momo encountered troubles after going public?" Zhou Buqi questioned, "Old Ma, you have to take responsibility for this!"

Boss Ma said: "It's an emergency and we are dealing with it."

Zhou Buqi was still not satisfied. "Hangzhou is your territory, how could such a thing happen? Isn't Momo an important part of Alibaba's strategic ecosystem? How could such a big mistake happen?"

Boss Ma was also a little annoyed. "Fatty Ding has gone too far! The Momo team has been away from NetEase for several years, but he didn't say anything earlier or later, but waited until the critical period of Momo's IPO to attack. It's obvious that he is deliberately targeting them."

Zhou Buqi asked: "Does what they say make sense? Is there really any benefit transfer?"

"That's a hard thing to say..." Boss Ma hesitated. "It's hard to say. Momo's startup team was originally NetEase's content team. Their CEO Tang was the editor-in-chief, and he started the business with his team. Because they were a content team, they were very skilled in copywriting and planning, which gave Momo a good marketing angle in the early days."

Zhou Buqi said: "I mean whether there is any benefit transfer!"

Boss Ma paused for a moment and said, "I'm not sure, but when they founded Momo, some people did not complete the resignation procedures. This may be the point of contention."

Zhou Buqi snorted, "Isn't this a scumbag? The red flag is flying high at home, and the colorful flags are flying outside!"

Similar things are quite common in Internet startups.

Because starting a business is too risky, there is no chance of survival.

Many people have the idea of ​​starting a business, but cannot afford the risk of failure. If they give up their current good and high-paying jobs and start a business... it would be fine if the business succeeds, but if it fails, wouldn't they end up with nothing?
So some people start their own businesses privately.

For example, Zhou Buqi once participated in an acquisition project in China - Qiushi Encyclopedia. This website was created by a grassroots manager of Penguin Company in his private time. Because it was successful and acquired by Ziweixing, he happily left Penguin and joined Ziweixing. With a project, he instantly achieved financial freedom and class leap.

The Momo case seems to follow a similar pattern.

Mr. Tang used his position as the editor-in-chief of NetEase and a group of content creators to privately come up with a new project called Momo. After the launch, he found that the project was successful, recognized by users, and favored by the capital market.

This gave everyone the confidence to resign.

Boss Ma didn't know much about Zhou Buqi's family life, but after knowing him for so many years, he knew a little about his personal life. He said with a smile: "You have a lot of colorful flags!" Zhou Buqi said seriously: "Stop spreading rumors! I don't have any colorful flags!"

This is true.

He doesn't play that game with colorful flags flying outside!

Such a low-level playing style is not worthy of Boss Zhou’s style and control over his life.

He only has the red flag at home.

It's just that there are too many red flags. If the Momo IPO incident can be properly handled, it will ensure that the hearts of the "older generation" female secretaries in the current secretarial office can be won over, and the number of red flags can be quickly expanded to more than 20.

After stabilizing the situation of the "old generation" of female secretaries, the next step is to care for the "new generation" of female secretaries. They all graduated from university in July this year. It's December now. Except for Wang Langli and Huo Hua who were lucky enough to be favored, the others have not been summoned yet. It's time for them to get the care from the big boss.

Boss Ma didn't dwell on other people's private lives and said with a smile, "Don't worry about Momo's matter. I just called Fatty Ding and we can discuss this."

Zhou Buqi snorted, "Momo is going public in the United States to bring American money back to develop itself and promote domestic economic development. If this matter is taken too far, I don't believe NetEase can withstand it."

"It's not that serious. The two sides have already communicated privately and should have reached an agreement by now."

"How did the negotiation go? Did Momo make concessions?"

"No." Boss Ma was the leader of this matter. "Momo has already issued its prospectus and the IPO has been finalized. If it cedes its own interests to NetEase at this time, then after the IPO, won't the stock price plummet?"

Zhou Buqi smiled and said, "That's what I'm worried about. There are risks when colorful flags are flying."

Boss Ma said: "That's not the case. It has no impact on Momo. It's a compromise between Alibaba and NetEase."

"Hmm?" Zhou Buqi was quite satisfied. "Ali is the major shareholder, so it's only natural! What kind of compromise?"

Boss Ma said: "Alibaba has a music business, and NetEase also has music, which is mainly about copyright sharing."

"Oh." Zhou Buqi was rather indifferent to this, and said kindly, "Internet + taxi, you have to find Internet people to do this, you can't find taxi drivers. Internet + movie, you also have to find Internet people to operate it, not movie people. As for music streaming, musicians are good at making music, not streaming."

Boss Ma didn't listen to him and said, "Momo will go public as usual. There shouldn't be any more surprises. Will you be there for the IPO?"

"I'm not going, will you go?"

"I'm not going either."

"I have something else to do. Someone wants to buy my team. I want to talk to him."

"What team?"

"A football team. I'm in an Australian team. I invested in it and have been running it for two years. It won the championship last season and has done pretty well this season. A local businessman took a fancy to it and wanted to buy it."

Zhou Buqi was not involved in these matters. They were mainly operated by San Dezi and Rangnick.

If the deal is successful and the property is sold, it can be considered as a return on investment.

Boss Ma said anxiously: "I am also interested in football!"

Zhou Buqi laughed and said, "You don't understand football at all."

Boss Ma said: "In the next ten years, the main thing is to solve the problem of user happiness, and football is a good channel. I talked to the Greentown Club in Hangzhou, but their asking price is too high and not appropriate. It seems that they think I am rich and they are determined to take advantage of me."