Chapter 246 The left foot steps on the right
Xiong Xiaoge mocked: "Mr. Qin is a master at pretending to be confused."
Qin Shaoyan is not pretending to be confused, but he is really confused.
How did Yahoo jump out?
"Okay." Xiong Xiaoge said impatiently, "Don't act with me anymore. The United States has told me."
"Besides Google, do you also have contact with Yahoo?"
"It's a pity that your offer has not been agreed upon with Yahoo."
Qin Shaoyan only realized it at this time and called himself. In a nest, the silver carp and bighead carp were not caught, but the hook was turned up and bitten.
It seems that Yahoo is also coveting YouTube, and is more proactive than Google.
It’s no wonder that Yahoo’s current situation can be said to be deteriorating year by year.
Compared to ten years ago, Yahoo was an American Internet giant. Yahoo was founded in 1995 and went public in just one year.
On the day of listing, the stock soared from US$13 to US$43, with a market value of US$850 million, making it the new favorite of Wall Street.
Yahoo began to race around the world. At that time, it was simply arrogant, and the Internet had no rivals at all.
Yahoo entered the Chinese market in 1998 and was the first American Internet company to enter the country.
After that, Yahoo started a series of miraculous operations, abruptly turning itself from an Internet giant to an Internet killer step by step, lying in the ICU and relying on its laurels to survive.
Yahoo likes to engage in acquisitions the most, but acquisitions destroy one company and are known as Internet product killers.
The number of Internet products that have died in the hands of Yahoo can be counted on both hands.
Of course, the most talked about thing is about Yahoo's three unsuccessful acquisitions. The first one was to reject Google.
The second one is to regret temporarily and mess up the acquisition of Facebook.
The third one is for sale and missed out on being acquired by Microsoft.
The reason why Yahoo likes acquisitions is because most of its equity is in the hands of Wall Street capital. They don't care how the company is run, they only want to see short-term benefits.
This has caused Yahoo's corporate strategy to become short-sighted and only consider acquisitions that are conducive to quickly improving performance to stimulate the stock price.
All projects that are temporarily unprofitable and may bring about technological revolution in the future will be cut off. No matter what the long-term or not, just make a profit and leave.
The company has no long-term strategy, its positioning is still vague, senior management changes frequently, and the company's affairs focus on one-on-one reneges.
At this time, Yahoo was still considered a giant of the Internet. Although its decline had been revealed, the skinny camel was bigger than a horse, which still looked very intimidating.
Moreover, Yahoo loves to engage in acquisitions. YouTube, a new Internet favorite, suddenly appeared and was sought after by netizens. Naturally, it became the best target in Yahoo's eyes.
Taking advantage of the fact that YouTube has just been established and the price is still low, it can greatly stimulate the stock price. It is a very cost-effective deal for Yahoo.
Qin Shaoyan figured out the relationship in an instant. He was hyping up the Internet in the United States and did not defraud Google. Yahoo itself jumped out. The matter was reasonable.
Think about the soft article you wrote. The company mentioned in it is an Internet giant and a search engine.
Yahoo is an Internet giant, and Yahoo also has a search engine, so everything is right.
Qin Shaoyan quickly sorted out his thoughts when faced with Xiong Xiaoge's questioning, and said with a smile: "Mr. Xiong, the Yahoo offer involves YouTube's internal secrets, which I am not comfortable disclosing."
"I can only It’s normal to have disagreements on price at the beginning. Business is all about bargaining.” "I'm not interested in who acquires YouTube."
"Okay," Xiong Xiaoge interrupted Qin Shaoyan directly. I want to tell you about Qvod.com, the valuation you told me before, we decided to agree to your conditions after careful consideration.”
Qin Shaoyan was very surprised and asked: "What valuation?"
"It's the valuation of US$120 million that I was told years ago." Xiong Xiaoge's heart tightened, and then asked, "Qin Shaoyan, you Aren’t you going to regret it again?”
“Did I say that?” Qin Shaoyan said casually, “I don’t think so?”
Xiong Xiaoge was shocked and angry, “Qin Shaoyan, you are A temporary price increase, right?”
“I’m warning you, don’t go back on your word, do you still have business credibility and professional ethics?”
"I have professional ethics!" Qin Shaoyan said confidently, "My professional ethics is to help investors make money, right, Mr. Xiong?!"
"Yes." Xiong Xiaoge said subconsciously, and then immediately Reacting, "No!"
"Qin Shaoyan, what are you going to do?!"
"What can I do? Of course I will help you make money." Qin Shaoyan replied, "I think now is a A once-in-a-lifetime opportunity.”
“YouTube wants to push up its valuation, but Qvod has problems with its capital chain, its costs are increasing, and its future profit prospects are unclear.”
"Sell as soon as possible while you can get a good price. This is also responsible to the investors."
"Really, Mr. Xiong?" Qin Shaoyan said to himself, "Don't worry, I will do it as soon as possible." Bowang sells it at a good price, and I will never favor it and lower the price maliciously just because I am a shareholder of YouTube."
"After all, we are all Chinese, and I will make Mr. Xiong a big profit!" br>
Xiong Xiaoge was speechless. He suppressed the anger in his heart and said coldly: "I don't need you to make money for me. I just need you to run Qvod.com well."
"Isn't this...not good?!" Qin Shaoyan hesitated, "Mr. Xiong, it will cost a lot of money to develop Qvod.com, so you should think about it first."
"Now there are two choices before us. One is to sell it quickly and make a fortune, and the other is to continuously invest money to bet on an expectation."
"Qin Shaoyan, you don't need to say any more!" Xiong Xiaoge said decisively , "What we are investing in is the future, you can just make a price."
"This is hard to say." Qin Shaoyan said with a smile, "I have to wait until YouTube makes a price before I can tell you."< br>
"..." Xiong Xiaoge suddenly became a little angry.
Qin Shaoyan used the acquisition of Kuaibo.com to increase the valuation of YouTube, and the acquisition price of YouTube can push up the valuation of Kuaibo.com.
You put your left foot on top of your right foot, right?
Xiong Xiaoge took a deep breath, "Qin Shaoyan, you are in the capital now, right."
"Yes." Qin Shaoyan replied calmly.
"Just wait, I'll go over tomorrow and we'll talk face to face." Xiong Xiaoge said in a firm tone, and then simply hung up the phone.
Qin Shaoyan felt a little emotional, Xiong Xiaoge was better. He was rushing to give him money during the Chinese New Year. It would be great if investors were like Mr. Xiong. How much money do you need?
Qin Shaoyan was thinking while sending messages to the top executives of Qvod.com, asking them to return to the capital to work as soon as possible.
After the group message was sent, Chen Guangxia was the most positive in replying, "Received, Mr. Qin, I have returned to the capital and am ready to be dispatched."
Kou Hongfei also quickly replied, "Okay Mr. Qin, I will fly back to the capital in the afternoon.”
Qin Shaoyan felt very pleased to see the employees being so active in their work.
Maybe today is Qin Shaoyan's lucky day, he soon received another good news.
Qin Shaoyan called Fred and asked when the YouTube team would arrive.
Fred quickly replied to him that the YouTube team had already set off and they would arrive in Beijing at midnight, hoping to have a meeting with the big boss tomorrow.
Qin Shaoyan was very surprised, "Why did they set off so quickly?"
Fred said happily: "There has been a lot of good news about YouTube recently, and YouTube executives are all It’s like taking a stimulant, and things have become more efficient.”
"John, that article you wrote was great. I didn't expect that other Internet companies would actually acquire YouTube."
"What article? I haven't written any articles." Qin Shaoyan denied, " The fact that YouTube is being acquired is a major strategic secret of the company. This is obviously an insider leaking company secrets, so we must investigate closely!"
Fred was stunned for a moment, and then quickly responded, "That's right! Yes, this matter needs to be investigated strictly and the leaker must be found!"
"You should investigate the leak first," Qin Shaoyan said with satisfaction, "Be low-key when facing the news media. , try to be as vague as possible.”
“Don’t give a clear answer to whether YouTube is going to be sold. Just tell reporters that the company has a complete strategic plan and is currently actively expanding.”
Fred immediately understood, and then asked: "How should we deal with Yahoo's acquisition of YouTube? Should we have further contact or..."
"Ignore them first." Qin Shaoyan said simply, "Yahoo This company has a lot of success but failure. They acquired YouTube just to stimulate the stock price. It’s hard to say whether they really want to acquire it.”
“Getting in contact with them may give wrong signals to the stock market. You can’t do wedding dress work for others, at least not for free.”
Fred hesitated for a moment, “Then we just leave it alone?”
“Don’t worry yet. It's a good thing that Yahoo jumped out first," Qin Shaoyan said with a smile, "Maybe there will be a second company that comes out to express its position. It depends on the situation."
"Will there really be a second company?" Fred asked with some confusion.
"There will definitely be." Qin Shaoyan said in a very confident tone, "Once a website as good as YouTube is intended to be sold, many people will definitely be interested."
Fred sighed, "Yeah, YouTube is a cool website."
"But, John." Fred asked seriously, "Do you really have to sell it? Just for fun?”
“It can be sold,” Qin Shaoyan said without hesitation, “but now is not the time.”
Fred was a little reluctant, "John, are you really not thinking about it anymore?"
"I think YouTube and Facebook are a good fit. It would be a pity to sell it. It's like there is a piece of the puzzle missing." Same."
Qin Shaoyan sighed, "I know YouTube is good and has great potential."
"But Fred, the video website is a gold-eating beast with our capabilities. We simply can’t afford it.”
Fred was stunned for a moment and argued, “We still have enough money to support the operation of YouTube.”
"Then how long can we sustain it?" Qin Shaoyan asked, "Three years or five years?"
"Video websites cost a lot of money, which is much more expensive than Facebook. We don't have that much Resources are invested in YouTube."
"And the money we have is investors' money, and they can't keep letting us invest money in unprofitable websites."
" The best choice is to sell it as soon as possible, realize some funds, and focus on building Facebook.”
“Otherwise YouTube will bring down Facebook.”
There is a big difference between domestic Internet companies and American Internet companies. Domestic Internet companies can rely on national investment in infrastructure construction to develop.
American Internet companies, such as Google and Microsoft, are large technology companies that want to take the lead in building networks with higher bandwidth and faster transmission speeds.
Take Google as an example. Including the completed submarine optical cables, Google and Meta will control 23% of the optical cables (1.25 million kilometers) laid from 2001 to 2025.
Google and Meta, which provide network services around the world, are also the main users of optical fiber cables.
Compared with renting optical cables from other companies, large amounts of data such as video can be transmitted more quickly and stably, and usage fees paid to communication companies can also be reduced.
Only large and powerful companies can afford YouTube and afford the high costs.
Besides, Qin Shaoyan’s main focus on the business in the United States is to cash in and leave. The best choice is to cash in as soon as possible.
He won’t bother to think about how to plan the future of the YouTube website. The future of this video website is that it will not be profitable and cannot be listed for at least three years. If he doesn’t sell it quickly, he will have to wait for it to be sold. In?
Of course, this cannot be said to Fred Ming. He can only pretend to be full of reluctance and establish the persona of a tragic entrepreneur who reluctantly sells the company he founded.
This thing is also a test of acting skills.
Qin Shaoyan's words made Fred calm down. He was not the technical geek who didn't know anything before. As the CEO of Facebook, he also knew how high the cost of an American Internet company was.
Especially video websites cost more money than other websites.
So Qin Shaoyan's plan is correct. It is best to find a suitable time to sell the website and cash out. It is enough for them to have Facebook.
Fred thought about the fate of YouTube for a while, and then said, "Vice President Davis from Microsoft Investment came to me. He said he couldn't contact you and asked me to tell you that he needs to talk to you. Talk."
"Huh?" Qin Shaoyan was a little surprised. He had called Davis before. Why did the other party not reply to him but found Fred?
"What does he want to talk to me about?"
"I don't know." Fred shrugged. "He didn't tell me the reason. How should I reply to him?"
" Just tell Davis that if you have anything to do, just call me. Doesn’t he have my phone number in China?” Qin Shaoyan said speechlessly, “If he needs an interview, just ask him to come to China to find me. I won’t be able to do it in a short time.” Will go to the United States."
"Okay." Fred agreed casually, "Then I will reply to him."
Qin Shaoyan asked again, "Mr. Taylor of Sequoia. Any reaction? ”
"He didn't say anything." Fred hesitated, "He didn't even ask me, and it seemed like he didn't care about YouTube."
(End of Chapter)