Chapter 1078: Chief Yang's efforts
The night outside the window is bright and quiet. Logically, this should be a quiet moment, but Chief Yang, who was sitting in the office, looked at the information gathered in front of him, and was so irritable that he could not speak.
Son's phone call immediately made him pay attention to the Chinese Internet company he should have heard of several times but had never been in contact with before.
Although the information presented to him now confirms his judgment that Mr. Sun, who had to invest in himself and told him, "We are just friends for life", is certain that at least part of the motivation for the opinion he gave is not for the development of Yahoo China.
However, the company he mentioned does seem to be a very good choice.
This can be seen from the fact that it has developed better and better under the heavy money siege of eBay.
This can be seen from Feng Yiping and his company's attention and support for this company and his founder, Jack Ma.
Everyone knows that he also knows very well how accurate his vision is, Feng Yiping, a mainland comrade who is so young that he is jealous of.
It is conceivable that a company he and his company are so concerned about will definitely be a company with a promising future and financial prospects.
This is also the main reason why Chief Yang is upset: he finally found a company that looks absolutely good. The problem is that this company has obviously been taken aback in advance, and it seems that he is in love with each other.
What's more urgent is that according to the supposedly reliable rumor, they should have merged into one of the two companies in the near future.
If this is not a problem in other situations, although it is no longer as popular as before the Internet bubble, its Yahoo is still the top-notch rich and handsome in the global Internet field. With this, it is not the first time that it has been done to seize love with one's own sword.
If a third party interferes in this matter, if he does not do well, he is called a mistress. If he succeeds, he is called true love and a good marriage.
But this time, let alone snatching love from a sword, or willingly put down your figure and want to be a mistress, it seems difficult.
Because the one who fell in love with Jack Ma's Ali was Feng Yiping and his company.
Yahoo currently has a market value of a little higher than Feng Yiping's company, but this is when his company in the United States is not listed, or he is unwilling to let his company go public.
As for his NEXTDOOR, many investment experts have analyzed it. Many business segments under NEXTDOOR, in their own terms, are already unicorn-level companies.
But at present, he still has no plans to split NEXTDOOR or go public as a whole.
If he listed all of his companies, it would be hard to say whether it would exceed Yahoo's market value.
As for fame, at this time last year, Yahoo's fame was indeed much more popular in the world than Feng Yiping's company. But now, with the launch of Facebook and YouTube, and as they have attracted fans all over the world, the limelight of his company is now the same.
In terms of popularity, it is hard to say that it will surpass Yahoo, which it founded, but if it is equal, no one will object.
It has good strength and similar popularity. The only irreversible advantage of its Yahoo is actually history.
Yahoo is at least a company founded in the last century, a company that led the Internet era.
But Chief Yang was not sure whether the advantages in this area could increase their attractiveness to Alibaba.
History is sometimes a double-edged sword. In the Internet field, which is closely related to Moore's Law, 18 to 24 months, is a cycle of cruel theorems, and it seems even more so, because the word history can also be interpreted as another way: outdated.
Therefore, roughly speaking, his Yahoo and Feng Yiping's Jiasheng should be on par.
But this does not mean that Yahoo and Jiasheng are the same attraction to Alibaba.
Compared with Yahoo, Jiasheng also has an irreversible advantage, that is, it has a solid emotional foundation with Alibaba.
It offended eBay at Alibaba's most difficult time and provided all-round support for Alibaba. This can definitely be said to be a timely help.
Therefore, in this case, Yahoo, which has similar comprehensive strength to Jiasheng, wants to successfully intervene between Jiasheng and Alibaba and successfully gain Alibaba's favor.
I felt that I couldn't see clearly in front of me. Chief Yang took off his glasses and was about to wipe them, but felt a little dizzy.
He suddenly laughed. The biggest problem was that there was dust on his glasses, but that since the company was established, when he decided on previous mergers and acquisitions, the entire company seemed to be blindfolded.
In the American business world, mergers and acquisitions are common.
Sometimes, even if the company does not have the intention to acquire the merger, there will be related institutions, such as Wall Street, to promote your mergers and acquisitions of other companies.
Since its establishment, Yahoo has carried out many mergers and acquisitions, but most of them have failed, and they are not small defeats, but big defeats.
But in fact, Yahoo has a very clear and surely correct acquisition strategy.
There are three main types of companies acquired by Yahoo.
The first category is that the company has technology that Yahoo does not have, and can technically supplement Yahoo; the second category is that Yahoo will supplement Yahoo geographically, such as areas where Yahoo did not have business in the past; the third category is that it is supplemented by top talents.
However, the correct strategy does not necessarily mean the result is correct.
Looking back, Chief Yang himself also felt that at least two mergers and acquisitions were likely to become the second most failed mergers and acquisitions in the history of the Internet for a period of time.
That was in 1999. The company's stock price soared from $33 on the first day of its listing in 1996 to $500. It was also the year when its company's peak. It made two acquisitions: a price of $5.7 billion, an acquisition of Internet video websites; a price of $3.56 billion, an acquisition of early social networking website GeoCities.
Looking at it now, the biggest result of the $5.7 billion acquisition is that his founder Mark Cuban becomes a billionaire with a net worth of billions, thus giving the NBA a headache.
After selling the Broadcast, the Mark Cuban first bought a mansion of more than 2,000 square meters, and then bought the NBA team Mavericks in his hometown of Dallas.
As for GeoCities, which had also had high expectations at the time, it could no longer support it before it had completed the reform after being acquired by the company.
Chief Yang couldn't help but wiped his eyes. It was true that when he thought about it, it was all about tears.
He was originally very reluctant to think of some things, but today, he had to think about them because of the two projects that he had suffered a great loss, video websites and social networking websites, which are the two areas that have made Feng Yiping firmly move towards success.
The most painful thing in the matter is probably like this!
Chief Yang couldn't help but think about the number that he subconsciously didn't want to think about. It was US$9.26 billion, which was nearly US$10 billion at the end of the last century!
He took his hands off his eyes, and now the heart needs to be soothed.
Well, since everyone has thought of this, then there is another thing that makes Chief Yang regret it very much.
At the beginning, I could only buy Google's key technology for just one million dollars, but I didn't.
Not only that, when Google was just starting out, it also asked Google to provide search services for its website...
Of course, from another perspective, my own actions are also successful, warm and full of positive energy. Because of my own mistakes and selfless help, I have successfully created an Internet company that has been called "great" by people.
Feng Yiping invested in this great Internet company, and his $100 million has now become more than 7 billion.
Thinking of this, Chief Yang could no longer sit still.
These bloody lessons fully demonstrated myself... Let's not talk about myself for now, but fully demonstrated Feng Yiping's vision is so vicious and accurate.
He always enters a great area at the most appropriate time as God helps.
What he did absolutely shows that Alibaba is definitely a company worth investing in, and China's e-commerce market is now a good time to develop.
Thinking of this, Chief Yang felt that he could never wait any longer.
Because Yahoo China, it seems that there will be no better chance than this.
In China's mergers and acquisitions, I guess there will be no chance to miss it again.
He took off his glasses again and yelled.
Thinking about this, I was filled with tears.
As early as 2002, Yahoo fell in love with a small company that had only been established for two years, carrying a bag of sacks of US dollars - a total of 40 million to negotiate the acquisition.
In China in 2002, it was definitely a huge amount of money in China's Internet field.
At that time, the company did not have a mature and stable business model, and mainly provided third-party search services to Chinese portals. From business to capital chain, it can be said that they were very fragile.
The result of that time was that the other party’s creative team rejected Yahoo’s acquisition with various feelings and dreams.
But Chief Yang now thought that if he had not despised them, paid a little attention to them, and took more generous actions, and took a few more sacks of US dollars, such as 10 million more, then the 10 million would probably be the last straw added to the startup Luo Camel.
Or just give them 7 friends, with an average of 10 million US dollars per person. Chief Yang believes that it must be enough to buy all their feelings and dreams.
Because later, they contacted the company again and gave a new offer, $150 million.
It would have been possible, but given that the 3721 price was only $120 million, they decided to save the $30 million that was not too valuable, or that was not worth mentioning to Yahoo.
Then, the result is that after the 3721 team was enriched into Yahoo China, from its own perspective, Yahoo China still developed poorly, otherwise, there would be no need to worry about acquiring Chinese Internet companies.
The company I missed has been confirmed to be listed on Nasdaq this year, and is believed to have a market value of at least US$1 billion.
The market value of US$1 billion is small, the key is that it successfully occupys most of China's search market.
Not only that, if I had decided to spend the 30 million US dollars, now it will not only have another search company that dominates the Chinese market, but also one of the best professional managers, Robin Lee.
Thinking of this, Chief Yang immediately grabbed the phone and decided to ignore everything, not discuss with the board of directors, nor with his co-founder David.
Regardless of whether you take the initiative to call the other party to an intentional acquisition late at night, it will easily let the other party know how much he values him... and will also make Feng Yiping, who originally had a good relationship with him, have an objection to him... It is also very likely that the other party will disdain his proposal at all, and will lose face...
Anyway, Chief Yang decided to put all this behind and call there now.
Having missed so much in China, Robin Lee and his company, this time, no matter what, Jack Ma and his company can't be missed.
If you miss Robin Lee, it can be said that it is not that you suddenly become stingy at a certain moment, but that you don’t see clearly the future development of Robin and his company. Then, this time, because it is equivalent to Feng Yiping as a guarantee, the future development of the target company this time will definitely be expected and will definitely exceed your imagination.
Chief Yang immediately called Lao Ma's cell phone to the information. He looked at it. At this time, it was the afternoon when he had not gotten off work.
With a whistle sound, although the other party was just an Internet company founder with an average strength, at least he was far from his own in terms of his wealth and status, the godfather of the Internet industry, Yang was still a little nervous at this time.
He beeped, two, three, yes, why haven't he answered the phone?
Four, five, followed by the sixth sound. Is he busy?
Chapter completed!