Completed Salted Fish's Self-help Strategy

Monica's explanation makes chuyuanxi more confused!

"The problem you are talking about can't be solved by recruiting market optimizers with mature overseas experience?" Chuyuanxi is a little puzzling, said for a long time is not the problem of people? "The sword and the expedition, the placing of strange soldiers and the awakening of nations, how did they succeed?"

"You are going to dig Lilith's ancestral grave..." Zhao Jiexin said that there are many successful games for the imperial court to go to sea. Don't just stare at one family and say good or bad? Is that a crazy hint?

And what Monica said is more direct: "the effect of digging people is not very good, unless you copy a game, and then dig the overseas market optimizer of the target game. If you give half a year to run in, it's OK. Now it's urgent, so Zhao Jie hopes that I'll be responsible for advertising. "

"OK, if you put in the advertisement well, the efficiency is the first. Whoever is in charge can do it. I don't mind." Chu Yuanxi said that he admired Zhao Jie a little, because he could have no opinions, but Zhao Jie couldn't. advertising involves a lot of money in and out. If Wu Dao Hun Jun can achieve a positive cycle of overseas buying volume and earn more than he spent, then the overseas advertising expenses should be several hundred million yuan per year.

It's very tempting to master this function. And Monica's team can do anything else, but the job of the market optimizer, that is, the advertising business, is not their strong point. They also need training.

However, it's a small matter, especially compared with the visit of Ali's war investment department. Chuyuanxi had a hot meal of Xiaokang in a hurry and immediately came back to wait for the big driver to come.

At 7:30 in the evening, Zhang and Chen arrived as promised. Accompanied by Yuan mu, they took their seats. Chu Yuanxi pulled up uncle Sheng as usual. Uncle Sheng is now the executive vice president of Ba people group, so the welcome lineup is relatively complete.

Without waiting for chuyuanxi to test his intention, Zhang Yan said directly: "this is the president of Chu. We have a smooth delivery. The second payment should be paid according to the agreement. Then we see that you are rich, and we have studied your two companies. Now we have some ideas. "

In the personnel adjustment of the war investment department after June, Zhang Yan changed to be responsible for post investment services, and her rank was half a grid higher than that of the other two war investment department cadres, so Chen Junsheng, a more familiar trading partner of Chu Yuanxi, did not speak.

Chuyuan night a listen, heart say this like good people say words? What do you mean I have more money? My money is hard earned! But this is not the key, the key is that you two do investment research, what does my company do? This is the last thing I want to happen. Xiaokang is just a chicken. Ali, please don't focus on Xiaokang!

He quickly praised it: "ah, Mr. Zhang, since the announcement of the transaction, outsiders have unanimously commented that Ali has bought more value for money, which has boosted the stock price. We are a win-win transaction."

"I'm not satisfied with the deal itself. We didn't want to default. Ha ha ha..."

"That's what Sister Zhang means." Chen Junsheng interjected, "because we are going to change our generals, the Ministry of clean government has started to review the projects of the war investment department. The investment departments scattered in various business entities, such as hungry, rookie, flying pig, including Ali pictures, are under the unified management of the investment department."

Zhang Yan also added: "in addition to ant gold."

"Yes, except ant gold." Chen Junsheng pointed his finger and said, "so there are a lot of investment targets under the jurisdiction of the war investment department now. Then we boss Wu found that many of them have little strategic synergy and hope to withdraw slowly."

"Boss Wu" refers to Wu Wei, CFO of Ali group. If she doesn't take over from boss CAI in June, when chuyuanxi sells Ba Ren game, the opponent of negotiation is likely to be boss Cai instead of Lao Fan.

Once the emperor and a courtier, the top level of the whole business line will certainly change a lot. Wu Wei, who is an auditor, is more cautious. But Chu Yuan Xi's understanding is so far, no matter how much.

But what they said should be true, because Ali has been quitting recently, and the news is quite big. They even quit ray media! "Nezha" 5 billion box office can not stop Ali's determination to quit.

What's more, Chu Yuanxi has a set of data in his mind. Last year, Ali participated in 70 large-scale investment mergers and acquisitions, with an amount of nearly 55 billion in US dollars. In the first 11 months of this year, there were only less than 40 cases, and the amount dropped to 17.5 billion. If there was no Ba Ren game, it would be even worse to only 12.5 billion. Compared with last year, it was two words, plummeting.

The acquisition of Ba Ren game is also Alibaba's largest investment this year, followed by the $2 billion investment in koala. In fact, the acquisition of Ba Ren entertainment is one of the best in Ali's whole M & a history. The acquisition of Ba Ren entertainment is only $9.5 billion. This was last year, and I can still remember it.

Penguin has also declined, but it is much more stable. Last year, 92 major investments, with an amount of less than 36 billion US dollars, have decreased to more than 70 today. Its activity has surpassed that of Ali, but the amount is less than 16 billion, still slightly less.

To chuyuanxi, especially as a trading partner, these data must be well known. It's just that the current market environment continues to deteriorate to the point that at and the two companies are drastically shrinking their investment scale, which is also very sad.Zhang Yan said, "then we know that Mr. Chu is making a great progress, right? So take the liberty to ask, see if there is anything you need, and we'll trade again. " Having said that, she took out a stack of information from her bag, which was the investment target Ali had plans to withdraw from.

"Hiss..." Chuyuanxi is very alert, because he has heard a lot of rumors. Just now, Chen Junsheng made it clear that many investment projects scattered in various business entities are returned to the group war investment department.

Then a very realistic problem appeared. He took Zhang Yan's information, but did not look at it first, and asked straightforwardly: "Sister Zhang, I want to know a key problem. I believe you didn't write it in the second issue. That's the investment. After you have invested, do you always follow up the post investment service? "

Zhang Yan and Chen Junsheng look at each other and feel rather bad. In fact, Yuan Mu and the two men had known each other for a long time, but they were nodding friends all the time. At first, he didn't feel anything wrong, but Chu Yuanxi asked, eh? Why did Chu Yuanxi stress the word "follow up"?

Chen Junsheng said in a deep voice, "Mr. Chu, what are you worried about? Just tell me."

"Hi, I just heard some rumors about Ali's job rotation system. Sometimes, anyway, I'm not an outsider who knows the actual situation. I just heard that there is a certain phenomenon. After the investment is launched, the person in charge of the job rotation, and the successor can't understand or manage it, so I shelved it." Chuyuanxi is very euphemistic, and rarely around the circle, but raised the hand of this stack of paper, said: "this information we will certainly seriously study, but I hope that there is no shelved kind."

"No, absolutely not!" Chen Junsheng said flatly, "it's just that he wants to quit some investments that don't fit his business very well."

However, even yuan Mu felt that some of his investments were of hematopoietic type. How could they not fit in? Is there anyone in the industry who doesn't know about Ali's investment style? The essence of the company's business determines its investment style. Ali's essence is business, so it is necessary to focus on the integration of upstream and downstream business. In general, the investment department selects people to serve as directors of the invested company, while Ali sends business executives to serve as directors, which can be seen from the style.

However, although it is strong, Alibaba also has relatively strong resources. As long as it has signed the war investment agreement, even if it accounts for only 5% of the shares, it should give the same resources. So although Ali's investment is mixed, but "not fit" can be said to be the words of the heart.

It's just that Chuyuan Xi doesn't understand, and then quickly scans the so-called information. Sure enough, there are not only no microblog, Gaode, UC, RT mart and other parts of Chuyuan Xi that are more interested in, but also no financial investment in station B and social platform Xiaohong.

I wiped it! Chuyuan Xixin said that station B and Xiaohong, one fits big entertainment, the other fits e-commerce. What kind of business does the investment in microblog fit you? Does it fit the whip of capitalists?

However, Xiaopeng, who is very hot eyed, is in the list, and still has a lot of shares. It's really difficult to get out. That's why Ali could have such great wisdom and perseverance. Chu Yuanxi thought he was too weak to have such a waist.

There are also some achievements that can be seen at a glance. The so-called race track competition means that different investment teams do not have a definite boundary with each other, so they cast different players in the same track at the same time.

This situation is very common in penguins, known as the "horse racing" mechanism, to see who can run out. However, Ali seldom uses this internal incentive model, which can be attributed to the poor service after the investment.

Chen Junsheng immediately said, "Mr. Chu, aren't you building a well-off society? Look here. I feel good if there are many happy events. And Peng Bao, they are very close to your business. "

Yuan Mu rolled his eyes and said that even outsiders already knew that Ba people paid for Xiaokang?

"Well, we will certainly study it carefully later." Chuyuanxi says that it's not a coincidence. When Xiaokang in the original world was planning to go south, he also considered the possibility of merging more happy events. This convenience store chain started in Mordor and has great strength in East and South China. Then he did a little research, because this big brother is too fierce to join in!

Therefore, let alone this time, Xiaokang has not reached the milestone of opening a franchise store. Now it is impossible to merge. There are unsolved technical problems in merger and acquisition. If Xiaokang must be forced to merge, there is only one way, that is, two brands in parallel, each with a set of management system. This kind of merger has no significance to Xiaokang, but is a burden.

As for Pengbao vending machine, not to mention the fact that its existence is opposed to convenience stores, the key lies in the value of acquiring it?

Zhang Yan looks as if Chu Yuanxi is not interested. What about these? She pointed to a entertainment company in the form and said, "Shenju animation, do you want to see if Ba people are interested in it? We have invested in a lot of Pan entertainment companies, and entered earlier, the valuation is OK. "

Chu Yuanxi heard a little about this relatively large company, and subconsciously shook his head: "Ba people don't follow the line of Porter to make comics. Our model is small and beautiful. We should promote it in our own private traffic, and we should master all the copyright. The pattern of Shenju is just opposite to that of Ba people. We should not consider it. Can you sell the shares of Canxing culture? "Canxing culture received Ali's investment last year. It has produced "good voice", "dancing forest conference", "talent show" and other ACE variety shows. It is a subsidiary of star entertainment of the United States and is very popular in China. Although the first variety show of Ba people's media has been completed, there are still a steady stream of plans behind it. If we can take the equity of bright star culture, it is obviously excellent.

Zhang Yan a Leng, then embarrassed smile: "chuzong, to tell you the truth, can star culture is preparing for IPO, in two days to submit a prospectus, on the gem."

Chuyuan night heard a lost.

Chen Junsheng immediately pursued: "Mr. Chu, Shenju animation is really strong, and if you are worried about copyright issues, many of Shenju's products are to undertake the copyright of big entertainment, which are all of your own people, you can talk about."

Chuyuan night after listening to a little move, but at this time he suddenly noticed that sound uncle give him a wink?

Chu Yuan Xi was a little stunned for a moment, and then stretched out his hand to indicate: "uncle, what do you want to say? Just say it

Although uncle Sheng has listened in to many meetings of Huida, it's still empty to take part in them in person. So he stopped for a moment, then summoned up courage and said, "we really can't take Shenju. There's a big problem. The network literature of Da Wen Yu is in rapid transformation."

Chuyuan Xi a listen to "transformation" this keyword immediately understand, immediately take a deep breath, "that business dismantling can be hard, really not suitable."

Shenju animation has a good strength and a large volume. The business logic seems OK when it comes to cartoon output for the online text of big entertainment. He does not deny others' attempts.

But Uncle Sheng's meaning, Chuyuan Xixin said that if there is no mistake in his understanding, it is that after taking over the offer, regardless of whether the ownership of copyright and the right of development are easy to talk about or not, and whether it is worth talking about or not. These issues should be put aside first, and the source of copyright is the online novels of Da Wen Yu, which are not controlled by us. In the rapid transformation of other people, the upstream IP is suddenly rotten. What's the matter?

So he put the topic on the table and asked, "in this form, do you want to quit some companies that you have invested in for less than a year?"

"Well, the landlords don't have any surplus food."

Chuyuan Xixin said that there is no surplus grain in maode. You are crazy about throwing money in India. Do you think we don't know in China? So far, there are 32 unicorns in India. Penguins have captured 7 and Ali has captured 6, more than one third of them.

Although Ali catches less, he pays more attention. In contrast, penguins generally cast nets and catch more. For example, paytm, the second largest e-commerce platform in India, has a valuation of $16 billion. Ali is the largest single shareholder. Currently, the e-commerce market in India is dominated by Ali, Amazon and Wal Mart.

So money is just an excuse, the key is whether the investment target is attractive.

In fact, it's a bit cold. When the two guys came, they thought they could at least sell one order. As a result, when they asked, we went back to study it seriously, and we couldn't talk about it any more. But when they get up to leave, Chu Yuanxi sincerely asks, saying that after the delivery of the Ba people's game, what he worries about most is that his brothers don't agree with Ali's soil and water, such as job rotation. The Ba people's backbones can't stand job rotation.

"Ha ha ha, look what you said. What do you think we are?" Although Zhang Yan didn't sell any products, she still laughed heartily, "Ali is the most scientific management company in China, especially in the merger and acquisition case of Ba Ren game, which is full of R & D personnel and middle and low-level management. There is no such person as Xiao Zhang who is hungry. It must be the most scientific treatment. You should pay more attention to it."

Chen Junsheng and Chuyuan Xi have been dealing with each other for some time, but they have always been the role of a tool man. Today they are back to nature, and there is no sense of frustration if they fail to sell.

So when chuyuanxi sent them away, Zhang Yan asked chuyuanxi, "President Chu, I have a friend who just came back from the United States. I originally recommended him to join Alibaba, but he especially wanted to join a start-up company. In my opinion, it is well-off that suits him

"Oh? What kind of talents are they? "

"Hao Yi, a payment technologist, worked in FICO for ten years. Before leaving, he was the director of the product department. He was good at modeling and had a deep understanding of payment and financial credit."

Yuan Mu and Chu Yuanxi quickly looked at each other. FICO was not well-known in China, but it was the largest personal consumer credit company in the United States, the real No.1.

Chu Yuanxi has a better understanding of business and is good at modeling, because Guo Jiangyong, a well-off payment backbone promoted by him internally, is not good at modeling. It's OK to let him do the function of payment products, but if he wants to upgrade the basic function, he is not incompetent, but has no experience and no clue. To put it another way, I have never fought on the battlefield, and I lack vision.

Zhang Yan responded: "ah, Lao Chen, you are not right. This kind of talent has to be brought to our own home. To be a director in FICO, you have to start with P8. "

"I've pulled. I've used all the strength of eight cows. If they don't come, they say they're going to start a company. They only think about the company before round B." Chen Junsheng can't laugh or cry, "domestic start-ups do payment. Where can I find it for him? As a result, didn't you want to sell to President Chu? After a little research, I found that President Chu had an idea in the field of payment. Xiaokang mentioned mobile payment in several roadshows, and now it's round a, perfect! ""It's all right, this one." Chu Yuan Xi wants to call elder brother very much, the heart says you are my elder brother! "Mr. Chen, if you are not afraid to recommend a cadre to me, and then Xiaokang will make great progress in the field of mobile payment, then I will basically take this person!"

"Ha ha ha ha, you can get the mobile payment license first, you..."