You call this entrepreneurship?

Chapter 245 Chaos
Qin Shaoyan sighed, this was indeed a big problem.

The conditions in Zhang Pingyi's hometown will not improve for at least another seven or eight years. After 08, when infrastructure construction starts, Zhang Pingyi will be able to stay at home and wait for news comfortably.

Otherwise he would have to climb up the hill every day, holding his phone and looking for a signal.

So Zhang Pingyi simply returned to the capital early, ready to deal with any issues at any time.

"You haven't lived a stable life these past few years. Didn't you buy a house in Beijing?" Qin Shaoyan said, "Why not bring your parents over here?"

Zhang Pingyi shook his head. "They refused to come. They said they couldn't get used to living in the city. They have a lot of relatives in their hometown. They don't know anyone in the capital."

Qin Shaoyan nodded, knowing that it was difficult to change the mindset of the elderly and that he could not persuade them at all, so he simply stopped talking about it.

"The main problem this time is a human problem. There was a problem with the server, and the staff on duty couldn't solve it." Qin Shaoyan said seriously, "Master Zhang, please analyze for me how to solve this problem."

Zhang Pingyi thought for a moment and said slowly, "The server bug this time is indeed quite serious. The new person who took over is not very familiar with it."

Then Zhang Pingyi began to explain to Qin Shaoyan the reason for the BUG, ​​followed by a series of difficult to understand terms.

Qin Shaoyan pinched his forehead and said, "Master Zhang, you don't have to explain the technical issues to me. I don't understand technology. This is something you should worry about."

"Give me a conclusion. Is it possible that the server problem was intentional?"

Zhang Pingyi hesitated for a moment, then said with a wry smile: "Boss Qin, let me tell you this, even if you leave the code there, it will still have bugs."

"If you want to say it's intentional, then... every time you upload code or modify it, there's a chance that a bug will occur."

Qin Shaoyan interrupted Zhang Tianshi and said, "Just tell me the conclusion. Is it a coincidence or intentional?"

"I think it was an oversight," Zhang Pingyi replied. "I didn't consider the issues comprehensively when developing new features before."

"Okay." Qin Shaoyan nodded, "Since that's what you said, Master Zhang, then I will conclude that this accident was caused by negligence."

"The problem has already occurred. Let's not talk about who is responsible for what. The most important thing now is how to learn from experience and improve the development process to avoid similar accidents in the future."

Zhang Pingyi thought for a moment and said sincerely, "I think the biggest problem lies with people. Bugs are inevitable, and accidents are unavoidable."

"The most important thing is to solve the problem after it occurs. No one else can solve it and only a specific person can solve it. This is the biggest problem."

"The company cannot function without one person, so we need to establish an emergency talent reserve system."

"Huh?" Qin Shaoyan looked at Zhang Pingyi in surprise and gave him a thumbs up in admiration, "Boss Zhang is really well-informed."

"I feel very relieved to leave the campus network to you."

Zhang Pingyi said with a wry smile, "I feel a lot of pressure when you say that."

"Don't be stressed. Rome wasn't built in a day, and the company has been improved step by step." Qin Shaoyan smiled and patted Zhang Pingyi's shoulder. "Have you eaten? I still have dumplings."

"I'll just make do with what I have. Don't pat my shoulder. I feel like the burden is even heavier now." Zhang Pingyi sighed.

"What's the big deal?" Qin Shaoyan said nonchalantly, "I'm responsible for the four websites in China and the United States. I don't worry at all every day."

"Indeed." Zhang Pingyi said teasingly, "You are not worried, that's because the venture capital bosses are worried about you every day."

Qin Shaoyan laughed, "Eat, eat!"

……

During the Chinese New Year, the Internet in this eastern giant was calm and peaceful, reflecting the joyful atmosphere of the New Year.

Netizens are engaging in various friendly exchanges online, sharing local customs and interesting stories during the Chinese New Year with each other, and complaining about their weird relatives.

But across the ocean in the United States, things on the Internet are not so peaceful.

An explosive piece of news spread all over the Internet, triggering heated discussions among thousands of netizens.

The source of the news was a post published on Facebook, and the blogger who posted it was an unknown nobody.

This blogger used to post some daily photos of Silicon Valley on Facebook, show off the various electronic products at his workstation, and often post some street scenes while running.

He looks like an ordinary IT geek working in Silicon Valley. There are such people everywhere in Silicon Valley, nothing special about them.

This blogger doesn’t even post photos of cats and dogs, so naturally he has very few fans following him.

But on February 2005, 2, the second day of the Chinese New Year, this blogger who had been silent for a long time suddenly posted a message disclosing insider information of the company.

The post is not long, but the content is very explosive.

According to the blogger, he works for an Internet video website as a low-level technician.

He accidentally got a piece of information that the senior management of the video website was discussing the issue of being acquired during a meeting.

Because video websites have developed very rapidly and have become the latest trend among Internet users, they have been targeted by a large Internet company, which offered a high price to acquire them.

The name of this large Internet company is not convenient to disclose, but the blogger still mentioned that the large company that wants to acquire the video website has a well-known Internet search engine as one of its businesses.

The post did not cause any splash after it was published, which is normal, after all, this blogger is not very noticeable at all.

However, this article was discovered by a small blogger who focuses on the field of Internet technology. He forwarded and shared the article and attached a question:
"Is this true? Please dispel the rumor."

Soon, several bloggers who followed him also started to repost the message, and the number of fans of the bloggers who reposted the message grew, and the news began to spread everywhere.

It spread from the Internet field at the beginning to other fields, and bloggers of beauty, cute pets, and funny daily life also began to get involved.

After that, a bunch of knowledgeable people followed suit and began to analyze the authenticity of this post one by one.

The video website is easy to guess. There is only one most popular video website in the United States now, and that is YouTube.

Since YouTube went online, it has become popular on the American Internet in just a few months, and a large number of users have flocked in.

After all, video websites were still a new thing, and many netizens had the need to upload and store videos, which also led to the rapid popularity of YouTube.

Another reason for YouTube's popularity is pirated videos. Yes, American netizens also love to watch various pirated movies and TV series.

After all, many TV programs are charged.

Video websites solve this problem and make it easier and quicker for people to watch programs.

There is no need to rent videotapes or CDs, nor do you have to regret missing a certain episode. You can easily find it on video websites.

This convenient condition has played a great role in attracting users to YouTube.

Then came a series of marketing campaigns on YouTube, including the famous Ice Bucket Challenge, which became the latest trend in the United States through viral spread.

Initially, the Ice Bucket Challenge was only spread among the grassroots. As its influence gradually expanded, various film and television stars, sports stars, government officials and congressmen joined in, bringing the popularity of the Ice Bucket Challenge to a new climax.

In addition to drawing everyone's attention to rare diseases, the biggest impact of the Ice Bucket Challenge is that it has made YouTube popular, because all Ice Bucket Challenge videos are posted on YouTube.

Video websites have become the new Internet concept that is most favored by investors, and are naturally sought after. YouTube's valuation is also constantly increasing.

Now there is news that YouTube is going to be acquired, which has also attracted everyone's attention.

So which company is going to acquire YouTube?
The answer is easy to guess. Let’s keep it in the dark for now and see if this company will come out on its own.

After the news fermented for two days, someone really came out to respond...it was Yahoo.

A senior executive at Yahoo who wished to remain anonymous said that they were indeed optimistic about the video site YouTube and felt that this type of site could be a useful supplement to Yahoo's Internet ecosystem.

The acquisition is still only an informal discussion among senior internal officials, and no final decision has been made.

In addition, Yahoo felt that the $800 million price tag for YouTube was a bit high, and they believed that YouTube's value should be less than $500 million.

Yahoo's statement directly pushed the news to a new level of popularity, and sparked discussion on the Internet again.

The focus of the discussion is naturally how much YouTube should be worth. Some people think that $800 million is just the right price, while others support the valuation given by Yahoo and think that YouTube's value of $500 million is already overestimated.

Then the two groups began to express their arguments to each other and started a fierce argument on the Internet.

Things have come to this point, and YouTube has also come out to issue a statement.

However, their statement did not deny the acquisition, but rather protested against Yahoo's $500 million valuation.

The YouTube website emphasizes that as a new concept on the Internet, video websites have a huge user base and broad application prospects in the future. A mere $500 million is not enough to reflect the current value of YouTube.

In order to show its attitude, YouTube also spent money to buy advertising traffic and hot searches for Facebook's official account.

People from both sides of the incident came out to speak, which confirmed the leaked information, so everyone became more enthusiastic about watching the show.

From whether it is useful for Yahoo to buy YouTube, to how much YouTube's valuation can be, and then many people are discussing whether YouTube will be sold.

The hype on the American Internet was so intense that the news soon spread back to China.

The first group of people to get the news were domestic investors specializing in the Internet sector, who were most concerned about American Internet news.

If YouTube can really be sold for $800 million, it means that video websites still have great potential for making money.

Of course, not all the first venture capitalists who received the news were excited; some were devastated.

After receiving the news from the United States, Zheng Nan ignored the time difference and called his friends in the United States one by one, waking them up even if they were already asleep.

After learning about all aspects of the information in detail, Zheng Nan actually found out some inside information.

"Zheng, I don't know where you got this information from." The other party's tone was somewhat dissatisfied, but he still yawned and said, "But the rumor that Google is going to acquire YouTube can't be said to be false news."

"Sequoia Capital also specifically inquired about Google's movements. A senior Google executive revealed that they had previously tried to build a competing website similar to YouTube, but the effect did not seem very good, so someone proposed to acquire YouTube."

Zheng Nan asked anxiously: "So what is Google's reaction?"

"They are interested, but they are still discussing it." The other party rolled his eyes. "I don't know any more details. Now that Yahoo has come out and said it wants to acquire the company, does it matter whether Google wants to acquire it or not?"

Zheng Nan was speechless for a moment. This made a lot of sense.

No matter what the rumors were before, Yahoo has now come out and said it plans to acquire the company.

Then the fact that YouTube was acquired has been proven.

After Zheng Nan put down the phone, he immediately called Xiong Xiaoge and said in a difficult tone: "Boss Xiong, the news that YouTube was acquired has been confirmed. It's not Google, but Yahoo."

"Are you sure?" Xiong Xiaoge was shocked. "Where did you get this information?"

"Yahoo has already issued a statement," Zheng Nan said. "Just now, I asked my friends at Sequoia and they also confirmed it."

"That's not right." Xiong Xiaoge suddenly said, "Didn't Qin Shaoyan say that Google was going to acquire it? How did it become Yahoo?"

"Qin Shaoyan didn't lie. Google does have this intention, but Yahoo expressed its position first." Zheng Nan sighed, "Boss Xiong, this problem is a bit tricky now."

Xiong Xiaoge was silent for a few seconds, then calmly said, "Why panic? YouTube has nothing to do with us. Whether it wants to acquire us or not will not affect us."

"That's what I said." Zheng Nan hesitated, "If YouTube really wants to sell, it will definitely find every way to increase its valuation."

"The fastest way right now is to acquire Qvod. As long as they acquire Qvod, YouTube's valuation can easily exceed $1 billion, and it could even reach $1.2 billion."

“YouTube has only been established for half a year, and it’s worth a billion dollars!”

Xiong Xiaoge said coldly, "Qvod.com is ours. If we don't agree, can they still rob us openly?"

"It's hard to say." Zheng Nan sighed, "YouTube's shareholders include Sequoia and Microsoft, and Goldman Sachs also wants to get involved."

"What if they do public relations with Huaxia in order to facilitate the acquisition?"

"Mr. Xiong, the question now is not whether we agree or not, but whether we can push YouTube back."

Xiong Xiaoge pondered for two seconds, and then his mind quickly calmed down. "The key to this matter lies in Qin Shaoyan. He is a shareholder of both YouTube and Qvod. As long as we convince him, the rest will be easy."

Zheng Nan was stunned for a moment, "It's not easy to convince him."

"It's nothing more than spending money." Xiong Xiaoge sighed, "Tell him that we agree to the valuation he gave, on the condition that Qvod cannot be sold."

Zheng Nan let out a long sigh, "Then do as Mr. Xiong says. I'll call Qin Shaoyan."

Xiong Xiaoge thought for a moment and said, "Let me do it."

After hanging up the phone, Xiong Xiaoge fell into deep thought, feeling that something was wrong.

The call to Qin Shaoyan was quickly connected, and Qin Shaoyan said with a smile: "Happy New Year, Mr. Xiong. I wish you a happy new year."

Xiong Xiaoge got straight to the point and said, "I heard that Yahoo is going to acquire YouTube, but they only offered $500 million."

Qin Shaoyan was a little confused when he heard this, "What Yahoo?"

What does this have to do with Yahoo?
(End of this chapter)