Rebirth of the internet boss

Chapter 173
Li's mother had seen such a scene, and thanks to Li Feng's support, she finally relaxed with Li Feng's help, and greeted everyone kindly, "Hello, I am Li Feng's mother." ,Um…"

Li Ma couldn't continue after she said a few words, so Li Feng was afraid of Li Ma's embarrassment, so he introduced Fengrui's high-level executives to Li Ma, "Mom, these are my important partners, the reason why I can achieve my current results , relying on the strength of the team.”

When everyone heard what Li Feng said, their faces were filled with light. Although Feng Rui's major strategy was formulated by Li Feng, it still couldn't negate everyone's efforts, especially getting Li Feng's approval.

At this time, Li Feng pointed to Liu Zhiping, and introduced to Li Ma: "Mom, this is my president, Liu Zhiping, who graduated from Tsinghua University as an undergraduate, and Stanford University as a graduate student. His father is also a trustee of Yale University, a world-class super first-class university.”

Li Feng did not introduce Liu Zhiping's Goldman Sachs experience in detail, but instead focused on Liu Zhiping's education background, in order to let Li's mother know why he had to drop out of school.

So Li's mother heard it, and hurriedly greeted him: "You are so powerful, it is really hard for you, Xiaofeng is still young, if there is something he doesn't understand or is wrong, just hit him... oh, you can Tell me, I will tell him when the time comes."

Beat your own boss?Mama Li thought Li Feng was at school!Liu Zhiping also hurriedly said, and his words were more tactful: "Auntie, you are out of touch. To be honest, there are so many of us, and we all live with the boss."

Li Feng was afraid that Li Ma would be embarrassed, so he hurriedly introduced Zhou Wei to Li Ma, "Mom, this is my Chief Technology Officer, Zhou Wei, also from Tsinghua University..."

Pointing to Wang Xing, Wang Xiaochuan, Xu Chaojun, and Zhou Feng, "These are also from Tsinghua University...", pointing to Dong Li and Cheng Lan, "Although they are not from Tsinghua University, they are also from Peking University...",
It's just that when Long Xiaotian was introduced, Li Feng got stuck. Although Long Xiaotian has a super learning ability, Long Xiaotian's education is indeed a blemish.
Before Li Feng could introduce him, Long Xiaotian went up to Li Ma and said, "Auntie, I'm studying MBA in Tsinghua University now."

Now Fengrui is probably the busiest Wang Xing and Long Xiaotian, and when Li Feng heard that Long Xiaotian had applied for an MBA, he was once again impressed by Long Xiaotian's learning ability, which shows that Long Xiaotian has always been Progress.

After Li Feng introduced him for a while, Li's mother heard that they were all from Tsinghua University and Peking University. So many outstanding talents were willing to follow her son. Li's mother was also very happy. Don't worry about..."

At this time, a group of people gathered around, some thought that some big leader was coming, and some were just the boss's mother, who came to watch the excitement, and even more, gathered around to watch the excitement,
When Li Feng saw so many people, and the number was increasing, he shouted loudly: "Don't crowd, let me introduce you, this is the mother who gave birth to me and raised me!"

Having said that, Li Feng paused, his mother is always the greatest role, and he owed so much to his parents,

Then, Li Feng said even more: "Would you like to applaud this ordinary but great mother, and also applaud all our mothers!"

Before Li Feng could finish speaking, the audience erupted in the most enthusiastic applause, and even many little girls were crying.

Li Feng felt that this was his moment of glory, he finally did it, and made his mother proud of him!

And Li Ma was also moved and cried, for Li Feng, for herself, and for Fengrui as a whole, Li Ma was also sincerely pleased, even in Li Feng's office, Li Ma was still a little excited, her eyes were still moist.

After a long time, Li's mother finally calmed down, and sighed to Li Feng: "Son, mom is very happy today, but mom also knows that you can achieve such a great achievement, and you must have suffered a lot. is you."

Li Feng laughed and said, "Mom, don't worry, your son really didn't suffer much!"

At this time, Li Feng still stood up, pointed to the "Fengrui Building" in the middle, and said to Li Ma: "Mom, did you see that the building in the back under construction is also mine!"

When Li Ma saw it, she exclaimed, "This big building belongs to you too, son, you really... really grew up." After finishing speaking, Li Ma was sentimental again.

Seeing this, Li Feng chatted about something else, and Li's mother even raised her opinion on the competition between Fengrui and Tengxun, "Son, although I have never done business, I also know that business is very important." for expensive',
But I saw that your company only "kills the goose without keeping your hands", "kills the little penguin", "kills the goose headquarters" and so on. You still have to be lenient and lenient when doing business. What about opportunities for cooperation? "

In this regard, Li Feng also explained: "Mom, you don't understand, Internet companies like us are different from traditional companies. Traditional companies have geographical restrictions.

Just like the two supermarkets near our community, even if it’s just across the street, one side doesn’t want to buy there, and the other side doesn’t want to buy here, so the business of the two supermarkets is good.
But our Internet companies are different. We only need to click the mouse and there are no restrictions. Therefore, only one can survive in the end, which has a natural monopoly. "

In the end, Li Feng said directly: "Mom, don't worry about my company's affairs, I know it well."

Li Ma said straightly: "Okay, okay, I don't care, but I should take care of your partner's affairs, Xiaofeng, tell mom the truth, is that Song Jia your girlfriend, or she treats me so well .”

Li Feng hurriedly said: "It's nothing, Mom, don't mess around with each other. We are really just classmates. My girlfriend is from another school. I will show you some other day."

Li Feng saw that Li Ma still wanted to ask, so he asked Li Ma: "Mom, do you think we should go to Ziyu Villa to live at night, so that I can get someone to clean up in advance."

Li Ma said directly: "Let's forget it. I'm not used to living in such a big villa. I'd better live where you live now."

Li Feng said: "Okay, whatever, then I can eat my mother's meals again, then let's go back."

Before leaving, Li Ma asked Li Feng, "Don't you need to work?"

Li Feng said: "Mom, the kind of boss who works, if I still work, then what's the use of raising so many people!" After finishing speaking, Li Feng dragged Li's mother downstairs.

In the next two days, Li Feng accompanied Li Ma to visit Yanjing for a few days. The Summer Palace, the Great Wall, and the Forbidden City, Li Feng led Li Ma to visit them all, especially Li Feng got up early and took Li Ma After watching the flag-raising ceremony once, Mama Li burst into tears.

And in the past few days, Li Feng took Tang Xin to dinner with Li Ma. Although Li Ma didn't say anything, after the meal, Li Ma was very satisfied with Tang Xin. She even told Li Feng, " This Tang Xin, why do I feel that she should be our daughter-in-law!"

Of course, Mama Li also specially invited Song Jia to dinner to express her gratitude. After getting in touch with Tang Xin, Mama Li did not mention Song Jia's affairs to Li Feng. Mama Li watched him grow up, and Wang Xiao's mouth also fooled Mama Li very happy.

In the few days when Li Feng was with Li Ma, Fengrui also successfully won Huayi's investment. Fengrui invested a total of 1000 million U.S. dollars, accounting for 27% of Huayi's equity and some of the convertible shares with an annual interest rate of 6%. shares of bonds.

In this financing, we can see the ability of the Wang Brothers. Huayi Brothers adopted the internationally popular "equity financing + equity repurchase" operation method, first repurchasing equity from other original shareholders at a premium, and then investing in new investors. The latter sells equity financing, which not only preserves the integrity of the film copyright and the two's control over the company, but also strengthens the liquidity of external funds so that they can exit safely after making a profit.

First of all, Huayi Brothers raised US$1000 million from Fengrui, repurchased 7500% of the shares in Taihe Company at a premium of about 3 million yuan and three times the premium, and then changed its name to Huayi Brothers Media Group.
Afterwards, let Fengrui acquire 6% equity of Huayi Brothers at a price-earnings ratio of 500 times, that is, US$27 million, and subscribe for convertible bonds with an annual interest rate of 500% at US$6 million. 35%, while Focus acquired 70% of the equity for US$3, and the equity held by the Wang brothers rose to 70%. In this way, Taihe withdrew with a 300% return on investment.

Of course, Liu Zhiping, as a master in the investment banking industry, also added a supplementary agreement, which must guarantee Fengrui's seat on the board of directors and a minimum of 20% guaranteed shares, unless Fengrui sells it himself.

For Li Feng, the happiest thing is that Fengrui's various products are also advancing by leaps and bounds, especially after the "picture system" is launched, everyone is crazy about this picture function,
In addition to allowing photos to be uploaded at will, of course there is a certain memory limit in the early stage, and the most unique feature of Renren's "picture system" is that the pictures in it can only be marked in one way - that is, the name of the person in the picture,

For this function, Li Feng also explained that when people look at pictures, what they want to know most is who is in it?
And you can only tag friends in Renren. After the tag is successful, the tagged person will also receive a reminder, and an icon will be displayed next to their name in each other's friend list.
Moreover, Li Feng also added two important functions, one is the viewing order of pictures, to see the next one, all you need to do is click anywhere on the right side of the picture you are viewing, and the previous one is the left side;

The second is that Renren.com uses low-resolution pictures, which means that the resolution of the original pictures uploaded by users is much lower, mainly because of the current network speed.
In fact, after the launch of the photo system, although the number of people on Renren.com has not increased much. After all, the number of people on Renren.com has basically reached the ceiling of the number of netizens, but the average usage time of Renren.com users is more than 40% more than before. minute retention time,

The picture system is also one of the most popular functions of Renren. In Renren, "how many times have you been marked in the picture" has become a display of your popularity.
Many people in Fengrui, including Zhou Wei, Wang Xing, and Long Xiaotian, have also asked Li Feng why the pictures must be marked with faces.
In this regard, Li Feng explained that for the future of artificial intelligence, we must first start with machine cognition, and train the deep learning of the machine. Now it is still manual labeling, and in the future it will be machine recognition and automatic labeling.

If we say that China has the most advantage over the United States in the field of artificial intelligence, it is that China has enough data. After all, where is China's population base?

After this picture tagging system was launched, not to mention girls, even boys were crazy about it. Although the number of people on Renren did not increase much, it also pushed the number of registered YY users to around 4000 million in one fell swoop, which is far from 5000 million. The critical point is estimated to be a month away.

Of course, this is also because YY has added "resumable upload", "offline transfer", "directly drag and drop files into the window", these practical functions are very suitable for white-collar office workers.

In this regard, Ma Huateng is more helpless than deep despair. Anyway, no matter how much effort you make, Fengrui will always launch unexpected products or functions, and a little bit of food will eat your market.

This is the dialogue between Li Feng and Ma Huateng: I just like the way you look at me unhappy, but helpless!

At this time, Ma Huateng also welcomed Zhao Hengjun, the mayor of Pengcheng City, and his party for investigation and investigation.

And Li Feng had just sent Li Ma back at this time, and Wu Nan sent Li Ma back directly, and Li Feng also bought a lot of gifts for Li Ma and Li Pa, as well as the baby brother and sister-in-law who were about to be born.

When Li Feng was still sitting still in the office, he received a notice from the front desk, saying that it was a visit from Xinlang CEO Cao Guowei.

Although Xinlang is on the upper floor of Fengrui, except for basic business contacts, the managers of the two companies have never spoken to each other, including Baidu downstairs. The current Ideal International Building can be regarded as the center of the Internet in China. Fengrui, Xinlang, and Baidu are the three major Internet companies.

Of course, Li Feng knows why Xinlang Cao Guowei came to visit. If you want to say that the most popular event on the Internet in China recently is the successful listing of Shengda Network on NASDAQ.

Because of Li Feng's change, Sheng reached the first Chinese concept stock listed on NASDAQ after the Internet crisis. The person in charge of Goldman Sachs, which was listed by Shengda, successfully issued 1.6 million US dollars of equity convertible bonds, so that Sheng Tianqiao had a cash flow of 2 million US dollars in his hands.

Moreover, the first step of Sheng Tianqiao was to sneak attack on Xinlang and prepare to acquire Xinlang. Originally, Sheng Tianqiao wanted to follow Tang Jun's instructions, first go long and then buy short, and through two-way operations, at a relatively low price, take Xinlang in one fell swoop.

However, Cao Guowei, who had a background in finance, discovered such an intensive capital operation. At that time, Shengda had already acquired 10% of Xinlang’s shares through the secondary market. Lang also immediately thought of Feng Rui who could compete with Sheng Da.

(End of this chapter)