Winning the new financial era

Chapter 627 Expert Advisor
After Zhang Yi arrived in the United States, he immediately met with three expert consultants arranged by Goldman Sachs.

One is Maureen Ohhhausen, a former official of the US Federal Trade Commission. The department he worked for is the department that issued a ticket to Musical.ly this time.

The work of this department is mainly to prevent behaviors that may cause harm to consumers.

The FTC also provides relevant information when Congress, the executive branch, or other independent agencies, and state and local governments discuss policy needs.

One is Erich Anderson, Microsoft's chief intellectual property lawyer, responsible for leading lawyers, engineers and other professionals to manage Microsoft's intellectual property, including development, analysis, engineering and business development, licensing and policy analysis.

The other is Roland Krutier, who has more than 30 years of experience in cybersecurity and law enforcement, including more than 10 years of work experience in the U.S. Air Force, Department of Defense, and Veterans Affairs.

In addition to serving the military and government departments, he has also served as a private consultant and senior corporate executive in the science and technology departments of various units.

All three are typical old white men who belong to the upper class of the United States.

In order to keep the American market, Ruixiang also spent a lot of money, preparing to find a group of "American compradors".

It is the same reason that European and American colonists were so tyrannical in the past, and when they arrived in China, they still had to find a bunch of compradors.

As long as Ruixiang gives enough green dollars, Americans are still willing to help with some things.

In a manor in the suburbs of New York, Zhang Yida met the three of them one by one.

The reason why we met separately was mainly to keep some information confidential.

Especially Erich Anderson, who has not yet left Microsoft.

It was Goldman Sachs, the middleman who helped spread the word, and impressed the other party with the title of Global General Counsel of Musical.ly and a generous salary, so Anderson agreed to meet and chat with Zhang Yida.

And Roland Krutier, Musical.ly plans to hire him as chief information security officer, using his rich experience to help Musical.ly resolve some user privacy and information security issues.

The difficulties Musical.ly encountered this time regarding the "Children's Privacy Program" can also be classified as information security.

Both Anderson and Koutier are people who need to do something and need to join Musical.ly.

Maureen Ohhhausen was different. After all, he was a former senior official of an important department in the United States.

And this department just issued a sky-high fine to Musical.ly, so we still have to avoid it.

Although Maureen Ochhausen is only in his 60s, because of his European and American race, his face is wrinkled and very old, and there is a glint of light in his cloudy eyes from time to time.

After listening to Zhang Yida's description of Musical.ly's current difficulties and possible obstacles to its future development, he nodded and said, "Mr. Zhang, your worries are not meaningless.

I can tell you with certainty that they must become a reality. "

Zhang Yida was not frightened by Ohhhausen's words. The most serious result he just deduced was: Musical.ly was completely blocked by the US federal government and withdrawn from the US market.

If there is such a day, he will face it calmly.

Although it may be implicated by the friction between the country and the United States!

But don’t forget, there is no Chinese market, and Ruixiang would not be where it is today.

Even today, apart from games, 90% or even 95% of Ruixiang's revenue is provided by the domestic market.

If you were born in Africa or the Middle East, you may die of starvation or illness without knowing one day, let alone become the richest man in Asia.

Instead of complaining, you should use your ingenuity to subtly survive in the American market and make money from the Yankees.

Then use the money to promote the progress of the national Internet infrastructure, cultivate industry talents, and promote domestic technological progress.

Therefore, there is no need to feel humiliated or even resentful because of the suppression by foreign governments. Be positive and optimistic, and learn from Huawei.

Seeing Zhang Yida's unmoved expression, Ohhhausen was a little surprised.

According to his rough analysis, the US market has at least a potential value of billions of dollars for the Musical.ly app.

He knew that Zhang Yida was very rich, and his wealth on paper was as high as hundreds of billions of dollars.

But because you have money, can you ignore the loss of the US market?
I'm afraid not!

Ochhausen believes that it is estimated that the young tech billionaire in front of him took his words as alarmist.

He decided to add another fire!

"Are you aware of the FTC's charges against Facebook?"

Zhang Yida nodded. This was caused by Cambridge Analytica last year.

Because of this, he even made a little joke with Xiao Mazi at the Davos Forum.

Oherhausen continued: "Right now it's Donkey MPs who are holding Zuckerberg personally accountable for the company's privacy violations.

The Elephant Party headed by Trump is on Zuckerberg's side.

Even if someone speaks for Zuckerberg in Congress, he still faces a sky-high $50 billion settlement fee.

Zuckerberg is an American, and Facebook is a truly American company.

But the group of big shots in the White House don't care about these things, and they are also going to the death.

Come to think of it, you are a Chinese technology company.

In the future, it is very normal to fine you one billion or eight hundred million like punishing ZTE.

If you refuse to pay the fine, you may have to include Musical.ly in the list of sanctioned entities, refuse to allow the three major record companies to authorize music copyrights for Musical.ly, and ask Google and Apple stores to stop listing Sharp’s apps.

With such a combination of punches, Ruixiang is likely to lose all markets except China. "

What Ohhhausen said was a bit bluffing, but thinking about it carefully, it is not impossible.

Ruixiang has cooperated with many American technology companies in going overseas, such as using Google Cloud in Europe and the Americas.

It is not the first time that the United States has gone shirtless to deal with a company.

Although Musical.ly is not engaged in hard-core technology, it is just an Internet application, and the underlying architecture technology is still in the hands of Yankees.

The Yankees play hooligans, but don't care about you.

"Mr. Ochhausen, what do you think we can do to avoid the dire situation you describe?"

Zhang Yida didn't want to waste money, so he decided to ask this old white man to give him some advice.

If you can really put forward constructive opinions, the treatment can also be discussed.

Ochhausen smiled slightly, looking confident.

He said slowly: "I will not talk about the proposal of directly splitting Musical.ly into an American company. I believe that Ruixiang has a lot of internal talents, and it should have discussed the relevant feasibility.

My suggestion is that Musical.ly should make itself more international, such as recruiting senior officials from large US technology companies to serve as Musical.ly's global CEO, and improving Musical.ly's lobbying level and image in front of US regulators.

Secondly, to build a data wall, it is not enough to build a data center in the United States. The data permissions of Chinese employees to access overseas products and services should be tightened, and a real wall should be built between Chinese business and overseas business.

In this way, Chinese employees are responsible for products and business in China, and overseas employees are responsible for overseas products and business. The only intersection between the two parties is that they have common shareholders.

Then, adjust the global organizational structure so that people don't always think that Musical.ly is headquartered in China. This will easily lead to some bad associations, and it is easy to be picked on by those congressmen.

Finally, the financing structure is internationalized.

As far as I know, many important shareholders of Ruixiang are Chinese state-owned enterprises. I understand that there may be compromises.

What you did more correctly was to invite Wall Street giants such as Goldman Sachs and Morgan Stanley to invest in it.

Otherwise, I wouldn't be sitting here to meet you today. "

Zhang Yida listened to these pretentious words with a smile, while Ochhausen laughed and continued: "In the next financing, I suggest to bring more American investment institutions on board.

The deeper the bond, the more significant interests there are, the more they will help Musical.ly turn around.

If possible, it is best for Ruixiang to choose to list on the New York Stock Exchange! "

(End of this chapter)