The Age of Rebirth

Chapter 515 Immature Suggestions
Now the society generally believes that, in fact, the same is true. The current Internet industry is a high-tech industry, so entrepreneurs in this industry are different from other industries.

Entrepreneurs generally have higher academic qualifications, and schools are generally better. If you look at their resumes, they are either Qingbei or domestic famous universities.

Not only the founders, but also the co-founders, and even ordinary practitioners in this industry. In this era, a bachelor’s degree is the threshold.

Looking at the college entrance examination results of these executives, they were either city champions or county champions. Such a proud man would always be a little arrogant, and naturally there must be some flaws in his heart-extremely confident in himself!

Especially in the self-confidence in their respective professions, there may even be some almost paranoid phenomena, and they cannot tolerate others to intervene, but today Li Weidong is here to intervene.

Zhang Chaoyang, Wang Zhidong, Ding Lei, and a small number of executives they brought stood in their respective squares. Although they were mixed together, they were clearly distinct. This is the maker of the largest portal website in China.

According to the China Internet Network Information Center (CNNIC) ranking, the three portals are always among the top three, and they were listed on NASDAQ at the same time last month, and they even advertised on CCTV's news broadcast.

Directly let 500 million Chinese netizens become users of these three websites. If you are a netizen and don't use these three portal websites, it is a joke.

In this era, there are not many ordinary people who can become Internet users according to CNNIC's statistical caliber, online for more than one hour a week, and most of them are people who stand in the trend of the times and have certain spending power.

Therefore, in this era, it seems that many economic activities that do not conform to the free Internet model can still be carried out smoothly.

For example, ten years ago, you could have imagined that WPS could get rich by selling word processing software.

After Li Weidong shook hands with the three founders and CEOs, he shook hands with the people behind them one by one. It was different from the three CEOs' attitude, and he was much more friendly with these people.

After Li Weidong shook hands with them, Zheng Sijing also shook hands with several people. The smile on his face seemed apologetic, but he was actually very satisfied with the astonishment shown by these people.

Comrade Zhang Chaoyang, who is the oldest, the most educated, the deepest, the most active, and the most globally famous, known as the "Godfather of China's Internet", made a speech.

"Dr. Li, welcome to Sohu Guidance. On behalf of all my colleagues at Sohu, I would like to extend a warm welcome to you. Please invite Mr. Li, Mr. Zheng, and everyone!"

This building is the office of Sohu, and Netease and Sina are in the next building, but Zheng Sijing and them agreed to communicate in Sohu's office building, so everyone naturally gathered here.

That being the case, Zhang Chaoyang can take himself as the host for granted, and it is also his duty to invite guests in, but it is a bit inappropriate to include Wang Zhidong and Ding Lei in the list.

Of course, maybe this is what he did on purpose. Now that everyone is in a state of competition, it is understandable to engage in some psychological warfare. Of course, it may not be for Li Weidong to see.

Give Li Weidong a vaccination in advance to let him know how difficult it is to reconcile the relationship between the three of them. It is best to retreat in the face of difficulties, come over to drink tea and chat, and then sing happily on KTV!

After all, he is good at these things!
Zhang Chaoyang led the way, Li Weidong took the lead, Zheng Sijing, Jiang Zongtao, Wang Zhidong, and Ding Lei were in the second echelon, followed by executives from various companies, and walked towards the building.

This shocked the spectators who had noticed these situations long ago. The appearance of the heads of the three major portal websites together was already a sensation, and it depends on the situation.

There are almost no three bosses at the same time, and now the boss has appeared, young and easy-going, but seeing the performance of the three influential figures, the surrounding melon eaters are full.

The news quickly spread crazily. Thanks to the use of instant messaging and forums, in just a few minutes, the scientific and technological personnel in the entire Haidian Park knew that an unknown big cow was coming.

But it didn't take long for Li Weidong's situation to appear in the forum, with various comments and doubts. Just when everyone was discussing intensely, the post suddenly disappeared.

Zhang Chaoyang led the way, Li Weidong came to the top floor of this office building, and Sohu occupied the top two floors of the entire office building.

The design of the top floor and the second top floor is designed to save energy. There is a daylighting skylight in the middle, and the sunlight shines down, making the whole office area very bright, and you can enjoy the fun of basking in the sun in the office.

Although the decoration is good, but from the hardware point of view, there is still an obvious architectural style of the 80s of the last century, which is somewhat out of tune with high-tech companies.

So there is no problem with this science and technology park as a business incubation center, but as a successful business, especially as the office space of a company known as the three major portal websites, it is somewhat cheap.

It is estimated that this is also one of the reasons why these three companies want to move, and another reason may be that everyone is a competitor, and it is somewhat embarrassing to look down and see each other in a park.

Of course, the more important reason is that the listing is successful, the assets have been capitalized, and the company has money, so it must have a decent office space.

Li Weidong stood at the door of Zhang Chaoyang's office, overlooking the entire office area. I felt like I had a company. Perhaps Zhang Chaoyang should often stand here overlooking his employees!
A female staff member, probably an assistant, whispered something next to Zhang Chaoyang, then Zhang Chaoyang nodded to her and waved her away.

Zhang Chaoyang pointed to the office area downstairs and said, "Chairman, here is the Operations Department, over there is the Administration Department, further down there is the Marketing Department, and the Finance Department!"

Then he pointed to the office area on this floor, introduced his office, and said, "This is the technical department, there is the product department, there is the financial department, and there is the personnel department!"

Li Weidong commented, "That's right, put the two most important departments at your side so that you can pay attention to them at any time, and you can virtually improve the status of these two departments!"

Li Weidong's approval made Zhang Chaoyang a little shy, and said with a smile: "The main reason is that sometimes an idea pops up in my mind, and I can communicate with them at any time!"

Li Weidong said: "It's understandable. For people who are engaged in technology, the occasional flashes of light in their minds are precious treasures. This is called epiphany, self-realization, epiphany and sudden cultivation, not bad!"

Zhang Chaoyang said with a smile: "I didn't expect you to be so proficient in Buddhist scriptures. This is the verse in the Sixth Patriarch Huineng Baotan Sutra!"

Li Weidong glanced at Zhang Chaoyang, wouldn't he start researching these illusory things now, that would be a bit of a nonsense, I'm sorry for this CEO!
So he said with a half-smile: "It's nonsense to be proficient, you can find it on the Internet, but why do you still study Buddhist scriptures, and you can see through the world at a young age?"

"No, no, just watch it for entertainment when you have nothing to do, and watch whatever comes to mind!" Zhang Chaoyang waved his hand quickly and said, he couldn't leave the shareholders with the opinion of not doing their job properly.

"Chairman, the meeting room is ready, how about we go in?" Zhang Chaoyang asked, pointing to a meeting room not far away.

Li Weidong nodded, and Zhang Chaoyang led several people into the conference room. Because Li Weidong's arrival was much higher than the original arrangement, fewer people could enter the meeting.

The three CEOs discussed with Zheng Sijing. Except for the three of them, no other management team would enter, and only Li Weidong and Zheng Sijing participated in Jingwei Investment.

After all, the things we are talking about are a bit high-end, if not done well, there will be quarrels, and confidentiality is very necessary. One more person will be more embarrassing and risky.

In fact, the persuasion led by Jingwei Investment this time is somewhat opposed to other directors of the companies to a certain extent, and will have a negative impact on the power of the company's board of directors.

After all, the most powerful department of a company is the board of directors. For listed companies, the general meeting of shareholders is more of a formal power, and the specific power of the company is not reflected.

The company's development strategy is decided by the board of directors and authorized to execute by the CEO. In theory, the CEO must be responsible to the board of directors, not to Li Weidong or a certain shareholder.

Of course, if Jingwei Investment reaches an agreement with them, the probability of approval at the board meeting is quite high, but it lacks procedural legitimacy, and there are suspicions of private transfer of power.

Ding Lei owns 48.13% of the shares of Netease, and Jingwei Investment owns 19.99%, which is beyond the absolute control line. As long as Jingwei Investment and Ding Lei are of one mind, no one can control it.

But what is more embarrassing is that Ding Lei's own shares are already close to 50%, and together with several managements who are committed to him, the shares have already exceeded 50%.

Therefore, as long as it does not involve revision of the company's articles of association, division, merger, change of main business projects, or major decisions exceeding 50.00% of total assets, Jingwei Investment is not needed at all.

He is also the most calm person among the few people. I am the master of my home game, and no one can do it, unless Li Weidong supports the other two to kill NetEase regardless of the cost.

Zhang Chaoyang owns 28.31% of Sohu's shares, and Jingwei Investment owns 19.7%. They are the top two major shareholders. If these two people can't control the board of directors, it shows that their level is really not good.

However, Sina is somewhat different. As the main founder and CEO, Wang Zhidong owns too few shares, only about 6% after listing.

Moreover, before going public for financing, Sina not only had several rounds of venture capital financing, but also had an equity merger with Huayuan Information, the largest Chinese website in North America.

Therefore, Sina's shareholding structure is more complex and more dispersed. This is also the root cause of Sina's constant internal struggles in its previous life. Of course, it is unlikely that it will continue to be like this in this life.

However, because of this, Sina is the company that Li Weidong owns the most stocks. As early as Huayuan Information, Anma Capital had participated in his venture financing.

At the time of the merger, Mayma Capital naturally turned to hold shares in the newly established Sina Company. During the listing review, it was impossible for the Nasdaq review committee to find out that the actual controllers of the two companies were the same person.

So even though Sina has the most complicated shareholding structure now, and Stone, the company that is now in the limelight, is one of Sina's major shareholders and the owner with the most moths.

But Li Weidong is the most at ease with Sina, and he is also the shareholder who most hopes that Sina can develop healthily.

Of course, if you refer to the result theory of later generations, the price-performance ratio of owning NetEase's stock is undoubtedly the best, but NetEase has few financing times and its shares are too concentrated. Li Weidong's 18% is already a lot.

As soon as the door of the conference room was closed, five people sat down, and the closed-door meeting began. There was no one else, so they could give full play.

They are all in the same circle. On the surface, they are like-minded comrades who cherish each other, but inside they are competitors who are familiar with each other. They have the opportunity to sit together because of Li Weidong.

Li Weidong said with a smile: "First of all, congratulations to you for successfully ringing the bell on Nasdaq, but it's a pity that I got the news a little late, and I have no chance to catch up with this feast!"

"Secondly, I saw on CNNIC that your ranking has always been in the top three with an absolute advantage. I am very pleased, which shows that you have established a firm foothold at the top of the industry!"

"Already occupying half of the domestic Internet industry, the three of you sitting together, plus China.com, are almost an Internet industry association!"

"I also suggest that you consider establishing such an industry association. If you have any demands, you can solve them within the association. It can also promote communication and cooperation, exert industry self-discipline, and promote the development of the industry!"

"Again, we have reformed for more than 20 years, and we have already formed a consensus that if we want to develop and grow, we must first concentrate on making the cake bigger!"

"In fact, the cake of the Internet may be too big for you to imagine. It will touch all walks of life, and there will be many great companies born in the future!"

"The scale of many companies is even larger than the sum of your three companies. Otherwise, Jingwei Investment would not need to exist, at least there would be no need to invest in the Internet industry!"

"So there is not only competition between you, it should be more about cooperation, and even hugging to keep warm, and it shouldn't be about knocking someone to the ground, and then stepping on one foot, so that he can never stand up again!"

Li Weidong continued to speak, and his tone became more and more serious, saying: "I will say a bottom line, I will not allow this kind of thing to happen, and I have the ability to prevent this kind of thing from happening!"

Several people looked up at Li Weidong, the gazes in their eyes were very complicated, including shock, doubt, bewilderment, and even a little aggrieved and angry, but there was no disbelief.

It is estimated that at this moment they can appreciate the cruelty of a sentence: In the face of absolute capital, all efforts are futile, and even the truth will choose to remain silent.

Zheng Sijing was also a little surprised. Among the few people present, he was the only one who knew Li Weidong the best, but it was the first time he heard such beeping words from Li Weidong's mouth.

Li Weidong continued: "Think of this as an Internet economy seminar or forum held by the industry association, and try to communicate calmly!"

Li Weidong finally said modestly: "Let me also talk about my own views, let me also listen to your views on this industry, maybe I can give you some immature suggestions!"

(End of this chapter)