Reborn Entrepreneurial Giant
Chapter 75 Yahoo Yang Zhiyuan
After several days of delay, Qu Li and Zhang Yiwen finally arrived at the Yahoo company.
"Why did it take you so long?" Yang Zhiyuan warmly received the two of them.
"I've wanted to meet Yahoo for a long time, but there are some things that need to be dealt with and delayed."
In the past few days, not only have to negotiate with Google, but also receive income from "Comet", a total of 90 million US dollars, which is not a small sum for Lionsgate. Simple problems complicate things.
Of course, the most important thing is that after several confrontations with the HSBC US team, he finally found the Paulson Fund. He remembered that this guy made a lot of money during the subprime mortgage crisis. This year, Paulson’s first fund rose 590%, the second fund rose 350%.
On the one hand, crude oil option investment may earn 10 times, and on the other hand, buying funds can earn 5 times, both of which make money, making it difficult for him to choose, so he can only temporarily put it on hold.
Yang Zhiyuan took Qu Li to visit Yahoo. He was really a good man. He later became a member of Ahri's board of directors and never harmed Ahli's interests. That is, Yahoo was finally acquired and disappeared in the wave of the Internet.
After understanding Yahoo's product system and organizational structure, this is why they failed. Yahoo's stock at this time fell from $58 a share in 2004 to about $28 a share in January 2007.
"How about it, what do you think?" Yang Zhiyuan is not the CEO of Yahoo now, but the CEO at this time, Terry Semel, has been removed from the board of directors because of several huge failures such as missing Google, selling Google shares at a low price, and giving up the acquisition of Facebook. Approved.
"I dare not say." Qu Li refused with a smile
"Is there anything you dare not say, if you dare to destroy Microsoft, don't you dare to destroy Yahoo?"
"It's a rumor, I don't think so." Qu Li didn't want to take the blame
"Haha, this idea can actually exist, no one likes Microsoft."
"But they are too powerful. If they target me, it will be bad luck."
"Don't worry, Microsoft is following you and I will help you out." Yang Zhiyuan patted Qu Li on the shoulder
Qu Li shook his head helplessly, not because he didn't believe in Yang Zhiyuan, but because he thought that Yang Zhiyuan was in danger and couldn't help him much.
"I went to Google first, so in comparison, I don't think Yahoo has much of a difference"
"Really, bystanders know, I just can't see Yahoo's problem."
"I feel that Yahoo is not an Internet technology company, but an Internet company that has grown up according to traditional industry rules and regulations. Your management system is naturally not suitable for rapid development..."
"I think Yahoo has no focus. It mixes everything and doesn't do anything well. It's not right. Yahoo's news and email functions are still very popular."
"Management is not enough, is there any more?" Yang Zhiyuan concluded
"The lack of focus means that Yahoo has no long-term strategic plan, whether it is a technology-oriented technology company or an Internet media."
"Is there any difference? Can't the strategic direction be adjusted at any time?"
"Of course, but you've seen someone who wants to go to New York one hour ago, Peanut Town the next hour, and Texas the next hour. Where will this person end up?"
"..." Yang Zhiyuan was silent
"I think Yahoo can streamline its organizational structure, keep news, email, search engine, and other businesses that can be sold, and then choose a key development in the three directions of video, social networking, and browser." Qu Li kindly advises Yang Zhiyuan, anyway The powerful Facebook is the axis of evil, Netflix has nothing to do with him, and Google has nothing to do with Chrome.
"I can understand video and social, but why have a browser?"
"IE is no longer suitable for the current network environment. If Yahoo has a popular browser, Yahoo search will be used by default in the address bar and other places..."
"Without IE, and Firefox, how did Yahoo beat them?"
"First of all, you must be willing to spend money, hire more programmers to develop browsers, speed up iterations, upgrade one level every month, upgrade a major version every three months, and increase the performance of the browser by 50% every year... "
"Simple design, plus rich extensions, increase the user's playability..." Before there was no edge, Qu Li had been using the Chrome browser.
"You are quite confident in yourself, but developing a browser is indeed possible." Yang Zhiyuan admired Microsoft, and regardless of the actual situation, a Yahoo Research Institute was established, and many talents went out from here.
"Come on, I'll take you to meet someone to see if he can develop the Yahoo browser."
"Hey, wait, you have to be reluctant to spend money. If you don't have the determination to invest 100 million U.S. dollars every year for ten years, there is a high probability that this browser will not be possible."
"Isn't it just $1 billion, isn't it just a Facebook..."
"..." Qu Li couldn't speak for a moment. After missing Google, he missed Facebook. Yahoo was destined to become a laughing stock on the Internet, and because of its successful investment in Ahri, it barely managed to restore its reputation.
Yang Zhiyuan took Qu Li to meet a senior vice president of Yahoo named Lu Qi, "Don't worry, I'm going to promote him to be the executive vice president of the company."
Qu Li didn't care about this, but he felt that Lu Qi's name was a little familiar. It turned out that this person was from the capital of Heroines and Demons, and he was really good at growing up to the position of executive vice president in the United States.
"You are Qu Li, I know." Qu Li was a little surprised when Lu Qi opened his mouth.
"How do you know me?"
"You attended the Apple press conference and said some very interesting things, and later checked some of your information and found your YouTube video, which is amazing."
"However, there are many people who laugh at me at home and abroad, and some people think that I want to write science fiction. Do you think I have a strong imagination?"
"Because you don't have a technical background, it's strictly an imagination, but I agree with your vision of the future."
"Lu Qi also wants to develop a browser, so you two can have a chat when you meet."
"That's good!" Qu Li didn't know how much money the browser business had made for Google, but he couldn't support an Internet giant. If Yahoo really streamlined its frontline and concentrated its efforts on news media and search engines, perhaps there would be more. future.
"By the way, Jerry, can you help me find the contact information of the founder of Twitter, I want to invest in this website." Just when Yang Zhiyuan wanted to leave, Qu Li said
"Twitter, what website?"
"A short blog site can only send two text messages at a time. It may not have much development in the PC Internet era, but didn't Apple release the iPhone? I think Twitter is very suitable for the mobile Internet era. Now that the IPhone has not been officially released , I invest in such a website in advance, there is a high probability that I can make money."
"Twitter, okay, I'll help you get in touch." Yang Zhiyuan nodded in agreement, and then left
"Do you want Yahoo to acquire Twitter, or develop in this direction?" Lu Qi seemed to have noticed something.
"Well, almost. If Yahoo is not interested, I will really invest in this company. After all, the mobile Internet era will not be too long. This time I..."
"Sorry, some things can't be said right now." Qu Li didn't talk about the cooperation with Google
"It's okay, I understand."
"I think Yahoo is stagnant. Unlike a technology company, Jerry Yang seems to lack cultural confidence, but Yahoo has a lot of symbolic meaning to Chinese Americans, so I just said something that may not be so nice. I hope Yahoo will streamline its organization. Architecture and product lines, focusing on the development of news, mailboxes, search, towards video, social, browser..."
"Why are you telling me this?"
"What do you think? Being able to become an executive vice president in the United States may be very lucky, but ability is the foundation. I hope my company can become one of your choices one day..."
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