Rebirth of the internet boss

Chapter 137 The Sharpness of Attack
Comparing Internet companies in China and the United States, Baidu is "death" to Google and Tencent. Ali is not to mention Amazon, Baidu and Google. The two are not of the same order at all.

However, Tencent and "Must Die", Ali and Amazon have amazing acquaintances in terms of market value. Even when Ali went public at the beginning, its market value was higher than that of Amazon.
Today, just a few years later, Amazon has become the second company after Apple with a market value of more than one trillion US dollars.

Although it quickly fell to the trillion-dollar market value threshold, after all, Amazon’s market value once exceeded one trillion dollars, and the current market value can buy more than two Ali,

And Amazon's P/E ratio is the highest, and Apple's P/E ratio is 17, which is okay, after all, Apple can be regarded as a hardware company.

The price-earnings ratios of other Internet companies such as Google, Microsoft, Facebook, Tencent, and Ali are also between 30-50.

And Amazon's price-earnings ratio is as high as 200 times, which best represents that the market is more optimistic about Amazon's future, just like Bezos' annual letter to shareholders "focus on long-term value"!
And many analysts also believe that although Amazon lost the race to break through the $1 trillion market value first, the winner of the $2 trillion market value is likely to be Amazon,
Ali and Amazon, both e-commerce giants, why is there such a big gap in just a few years? That is Amazon's cloud computing AWS,

Although the concept of "cloud" has existed for a long time, Amazon AWS is the first to provide IT infrastructure services to enterprises, and Amazon started doing it as early as 2006, and is already the world's largest cloud computing basic service provider.

And you will find that these four high-tech companies that have broken through trillions of dollars or are about to break through trillions of dollars currently have a basic and lowest-level service. Apple is based on IOS, Amazon is based on AWS, Google is based on Android, and Microsoft is based on windows.

Of course, there is another possibility that Lao Luo bought "Apple" in advance!
What is more powerful than "ecology" is the most basic "natural" such as "soil", "water" and "sunshine". Only by giving you a piece of land can you grow grass and flowers... Only then can you constitute "ecology" possible,

This is why Li Feng attaches so much importance to Renren. Li Feng just wants to use Renren to evolve into a basic-level Internet service provider.
The reason why Li Feng pays attention to Xunlei is because Xunlei can occupy a little bit of "cloud". To "cloud computing" or something...

The future of Fengrui is: "using artificial intelligence to process big data in the cloud", and "cloud", "artificial intelligence" and "big data" are Fengrui's future.

Of course, that is all for the future, the most important thing now is to complete the acquisition of Xunlei!
"What is a cloud?" The two asked in confusion.

Li Feng said lightly: "The cloud is the network, the network is the computer, and this computer is tens of thousands of servers, which are connected through the Internet to form a super brain.

Unify a series of resources such as hardware, software, and network to realize data calculation, storage, processing, and sharing..."

Not to mention Zhou Shenglong and Chen Hao, even Liu Zhiping felt that Li Feng was a bit whimsical!

Seeing everyone's attitude, Li Feng also understands it very well. Let alone in 03, in 09, when Ali first started to do cloud computing, he also suffered ridicule from the outside world:

Li Yanhong, engineer of Lianbaidu, said that "cloud computing is old wine in new bottles", and Ma Huateng, product manager of Tencent, said that "the concept is too advanced, and we have to wait 1000 years",
Therefore, in the end, "Alibaba Cloud" became the largest cloud computing service provider in China, but it is still far behind Amazon on a global scale.

Li Feng knows that "cloud computing" represents the future, so don't take everyone's attitudes to heart, saying: "Don't belittle yourself, don't be arrogant, and learn to look at the development of things from a long-term perspective, just like the current Internet Again, no one knows how it will develop,

You have to do it yourself to know whether you can succeed. I am full of confidence in cloud computing. It is like electricity is the underlying facility of industrial society. Cloud computing will replace traditional IT equipment and become the underlying facility of the Internet world. .

Would you two like to give it a try?Create the largest cloud computing management service provider! "

Zhou Shenglong and Zhou Shenglong are both technology madmen, especially Zhou Shenglong's father is the famous "King of Invention". Regardless of whether "cloud computing" is real or not, the two want to try it for themselves.
Moreover, the two are not pedantic people, knowing Li Feng's strong desire to acquire Xunlei, "the arm can't twist the thigh",
So, the two directly changed their words to Li Feng: "Boss, you really asked us to be in charge of this 'cloud computing'."

Li Feng also understood the meaning of the two, and said happily: "Welcome to join Fengrui, you will feel that this is the most correct decision in the future,
Of course, Xunlei has to be done well in advance. When Renren.com opens up, it will be the time when we launch "Fengruiyun".

And I think the two of you are more suitable for technology, not a business decision maker. "

This is not Li Feng talking casually, not every technical nerd can become a leader like Ma Huateng, Li Yanhong, and Rebs,
In the previous life, Xunlei had such a good advantage. In 07, the number of users was already second only to QQ. It can be said that it is second only to QQ's "computer standard".
Even Ma Huateng couldn't sit still at that time. In order to resist the impact of Xunlei, Tencent launched QQ whirlwind.

But in the end, Xunlei can defeat the opponent, but it cannot defeat this era!

Xunlei did not keep up with the pace of the times, hesitated before the wind again and again, and finally lost the opportunity for transformation, and missed at least 3 excellent opportunities!

One is the browser.I didn't see the strategic and commercial interests of the browser clearly. When I saw it clearly, 360 had already come out.

The second is the video website.Xunlei itself is a downloader. It clearly felt the trend of video consumption from downloading to streaming media. Later, Xunlei Kankan was launched, but it did not make great efforts to follow up. It was just a follow-up.

The third is that the biggest opportunity and the most regrettable opportunity is the application store of the mobile phone, because Xunlei should be an application store on the mobile phone by nature.

Regrettably, it's not that Xunlei didn't do it, but it didn't invest heavily in it, and it didn't stick to it. The root cause is that it didn't think clearly and didn't see it clearly.

In the final analysis, there is no strategic vision of Li Feng. Why didn't Li Feng engage in games honestly, and insisted on entering the social field, because Li Feng knew that the future is social.

Therefore, when the "Renren.com" project was launched, Li Feng would focus on all Fengrui's resources to promote Renren.com's progress.

To do this, you must "strategy first", because "you can't see clearly strategically, and it is absolutely impossible to surprise you tactically". Whether you pay attention to strategy determines whether you will all in your superior resources, and Li Feng is also all in Renren.com.

WeChat is the greatest super APP in China's mobile Internet. There is no such thing. Many people think why whatapp is better than WeChat.

All of Facebook’s apps, including Instagram, whatapp, and Facebook Messenger, are not worth as much as WeChat. You only need to look at the market value of Facebook and Tencent.
It can even be said that adding up all the apps in the field of instant messaging such as WhatsApp, Line, and Kakao Talk all over the world is not as valuable as WeChat.

WeChat is a great product, yes!

Zhang Xiaolong is a great product manager, that's right!

But Zhang Xiaolong's contribution to WeChat's success is a big mistake!
The rise of WeChat is at least 80% due to Ma Huateng.

WeChat, this is not a surprise for Ma Huateng at all. Ma Huateng even chose his name in advance, because this matter is too important to Tencent, and several teams are working on it at the same time.

Zhang Xiaolong is just the victor who survived the brutal competition within Tencent, just like "Glory of the King" is also the result of internal competition within Tencent. This is the "law of grayscale" within Tencent.

If Zhang Xiaolong didn't do it, it would be Bruce Lee or Wang Xiaolong. In short, someone must do it for Ma Huateng.

Without in-depth thinking and strategic vision, it is impossible to have an all-in mentality. There are no "surprises" and "four or two tricks" in business. Everything is based on logic, based on your strategy, and how much investment is behind the strategy.

And this is Li Feng's biggest advantage!The most long-term strategic vision, and even a gambler's mentality!
After successfully completing the acquisition of Xunlei, Fengrui successfully acquired "Focus Media", but this time it was a shareholding, not an acquisition, and the proportion of the shareholding was also very small.

In fact, the targets of Li Feng’s acquisition this time are Haofang, Xunlei and Qianqianjingting. At first, Li Feng didn’t plan to invest in Focus, and he didn’t even think about Focus.

But one day, when Li Feng and Liu Zhiping went upstairs together in the elevator, and when Liu Zhiping was reporting to Li Feng, Li Feng suddenly remembered it.

At that time, Liu Zhiping said to Li Feng: "Boss, according to your plan, Qianqian Jingting and Xunlei have already won, and the contract has been signed.
Now it’s up to Haofang, and Haofang is also talking about it, but the founder of Haofang has never given us a positive answer. "

Li Feng asked: "What's the reason? Do you know? About money, as long as it doesn't exceed 3000 million US dollars, you can talk about the rest as you like. This is related to the launch of our YY, and it cannot be ignored."

Liu Zhiping said: "I don't know why, last time I proposed 2500 million US dollars, Li Lijun, the founder of Haofang, basically agreed, but after two days, he suddenly refused, and I don't know what happened. , Let’s talk about it!”

Li Feng thought about it, and said, "It's only the end of August, and it's still early in December. Let's not panic. You should find out the reason first, and then continue the discussion. As long as the final promotion is not delayed."

At this moment, a real estate opening advertisement suddenly appeared on an LCD screen in the elevator,
"The bungalow with hot spring elevator, exclusive for upper-class life - the second phase of Nanhua Kangcheng is above the bustling, in the center of the city - Jindu Huafu, with an average price of 7000 yuan per square meter."

At first Li Feng didn't react much, he just murmured to himself: "The house is so cheap now, multiplying it by 10 will not stop!"

Liu Zhiping thought that Li Feng was talking to him, but he didn't hear clearly, so he asked, "Boss, what did you say?"

Just when Li Feng wanted to say "it's okay", he looked at the words "advertising planning, Focus Media" on the LCD screen, and then Li Feng suddenly remembered that Focus Media should have just been established now.

Now investing in Focus, there is not only a financial report, but also an offline publicity channel, which is also conducive to the offline promotion of Fengrui.
Moreover, Focus’s target groups are high-end users such as urban white-collar workers. At present, Renren’s online promotion is basically saturated, and offline promotion has not been done, whether it is the promotion of Renren, or the promotion of “Happy Farm” and YY. , could not be more appropriate.

Therefore, Li Feng looked at the LCD screen and said to Liu Zhiping: "Give me some more investment in this, Focus Media! We don't require a controlling stake in this, but the more shares the better."

Liu Zhiping asked: "Does this have a future?"

Li Feng said: "This prospect is great. Didn't you notice that the two of us came in and couldn't do anything but chat in the elevator? You couldn't use your cell phone or walk around.

And as long as you watch his advertisements with your eyes open, you have to watch them. Is it okay to watch advertisements when a person is in a more boring time and space than advertisements! "

Liu Zhiping suddenly realized and said: "Boss, what you said is too correct, and if you can cover the entire commercial office building, it is tantamount to sweeping up the entire white-collar group in China."

Li Feng said: "That's right, that's what it means. You'll be going to Shanghai for a while, talk about the matter of Focus Group's shareholding, and then go and find out about Haofang's acquisition."

Then, Li Feng said: "This Jiang Nanchun is a handsome talent, he not only created the business model of building TV, but also has strong connections and execution ability in the advertising industry.

Focus can succeed not only by proposing a new concept, but by making this model quickly recognized by the market and quickly turning the concept into a profitable model. He has this ability.

Therefore, it is impossible to acquire Focus, and there is no need for us to acquire Focus. Our future advertising business is on Renren, and this time it is just a financial investment. Let us learn how to do advertising in advance. "

Coincidentally, when Liu Zhiping found Jiang Nanchun, Jiang Nanchun also happened to spend the 2000 million accumulated in the early stage soon after the company was established, so he thought of financing through venture capital.

It just so happens that "you are short of money, I have money", "I am in love with a concubine", Jiang Nanchun also quickly agreed to Liu Zhiping's shareholding conditions, but Jiang Nanchun also agreed to Fengrui's early financing of 1000 million yuan, accounting for 10% of the shares.

Li Feng didn't force it, so he readily agreed. The only condition was that he had the right of first refusal. In this way, Focus Media's first round of financing of 1000 million yuan was also settled.

And after Jiang Nanchun received the first round of venture capital, it also quickly expanded its business from Yanjing and Shanghai to four megacities, and began to seize the market.

Moreover, under Li Feng's reminder, Liu Zhiping bought a novel website called "Starting Point" with less than 1000 million yuan. It was the China Literature Group that was later listed in Xiangjiang, and its market value almost reached [-] billion Hong Kong dollars.

At this time, Qidian has just launched a payment model, and has not yet established its dominance in online literature, and the reading fees paid by readers to Qidian are still 100% returned to the author.

Li Feng, who heard the news, swiped his pen and allocated another 1000 million to Qidian for the promotion of the Qidian platform.
Moreover, Li Feng still remembered the promise made by the founders that if they do a good job, not only can they enjoy Fengrui's entire network promotion, but they will even be rewarded with stock options.

Moreover, the founders of the starting point have also written novels, and they are all editors. When they saw Li Feng, a thought subconsciously flashed in their minds: This big boss, Li Feng, is probably the only pig's foot in the novel. Template it!
Young, tall, handsome and most importantly rich, very rich, super rich!

(End of this chapter)