Chapter 328 Acquisition?
Chen Guangxia almost shed tears after hearing Qin Shaoyan's caring greetings.
I originally thought that after getting the investment, he would be able to fly like a fish in the sea and a bird in the sky.
And it’s an investment from Microsoft, which means it’s very respectable. It’s an investor who’s way higher than other entrepreneurs.
That's Microsoft.
Chen Guangxia was ambitious and led his direct disciples, eager to prepare for a big fight.
As a result, before the business even started, Microsoft brought a large number of directors to settle in Yiku.com.
At the beginning, Chen Guangxia was still a little in awe of these directors who had returned from overseas and came from Hong Kong and Taiwan, and he tried his best to comply with all their requests.
But after a week, Chen Guangxia was completely confused.
I originally thought that my company would be upgraded from a humble Chinese company to an international company, but things turned out to be completely different from what Chen Guangxia had imagined.
These directors, who seem to be extremely professional and have the air of a professional elite, not only quarrel with each other, but also make things difficult and discriminate against local employees.
Chen Guangxia complained to Qin Shaoyan with a dark face, "We agreed that I would be the CEO and would be fully responsible for the operation of the entire website. However, Davis parachuted a vice president to me and did nothing every day."
“The director of the planning department is from Wanwan, the design and creative director is from Hong Kong, the financial director is from Hong Kong, and the product director is from France.”
“Every day’s daily work is done individually. They don’t communicate with each other, but if there are any projects to be implemented, they push them one by one, and they can’t finish them in a month.” I didn’t say yes or no, so I handed it over to the planning department for review. After review, the planning department kicked it off to the design and creative department, saying that the French didn’t like it and asked them to redesign it.”
"Every day in meetings, the three of them just play with each other."
"The financial director from Hong Kong Island watches us like a burglar every day, for fear that we will spend a penny, and we will even reimburse the taxi fare. They have to be interrogated for several days."
Qin Shaoyan looked very shocked, "This...can't be true?"
"After all, they have all worked in big companies. They are all professional elites. How can they still work if they do this every day?”
Chen Guangxia said with a bitter smile: “I have questioned it before, but they all said in unison that they were the same in other multinational companies before. Do this.”
"The most irritating thing is the Hong Kong Island Director. Every time he communicates with us, he speaks English. If you don't speak English, he will ignore you and pretend not to hear you. He doesn't even speak Cantonese. In fact, this grandson can't speak English." Speak Mandarin.”
Hey, it’s a curse, it’s a curse.
“The director who came from Wanwan always finds fault with our programmers every day, always saying that the things we make are different from what he designs. In fact, he has designed nothing at all.”
"It's indeed a bit shameful." Qin Shaoyan also sighed and asked curiously, "What about the vice president Davis sent you? What did he say?"
Chen Guangxia's face turned darker, "He I go to the company to drink coffee at ten in the morning, eat at eleven, and then go to the gym at two or three in the afternoon. I start having afternoon tea at four o'clock and get off work at half past five."
"Whatever the director does and how he does it, he doesn't ask at all. You usually can't find him."
Qin Shaoyan said sympathetically, "Brother Chen, I'm really giving you a hard time."
< br>"This is not the biggest headache for me." Chen Guangxia became more and more enthusiastic as he talked, "Recently they sent a group of technical personnel from the United States to strengthen the technical strength of the website. Their salary is several times that of ours. He sits in a separate office every day and doesn't communicate with us or let us see the code."
Qin Shaoyan didn't know what to say at this time. As the instigator, he was not sure about Chen Guangxia's possible actions. The pit was already anticipated.
But after Chen Guangxia told him personally, he realized that he had underestimated the depth of this pit.
"This is a bit too much." Qin Shaoyan said from the bottom of his heart, "They don't regard you as one of their own at all."
When China's Internet developed rapidly in the first decade of the 21st century, the United States Internet companies are also very optimistic about this market and have set up branches one after another to expand their territory in this blue ocean.
I originally thought that with the advantages of technology, brand and capital, it would be easy to defeat Internet entrepreneurs who were just starting out in the Chinese market. As a result, famous companies such as eBay, Amazon, Yahoo, and Google failed one after another and withdrew from the Chinese Internet market.
In addition to the arrogance of the management of these companies, distrust of the local recruitment team is also the main reason for failure.
Qin Shaoyan patted Chen Guangxia, who was looking lonely, and persuaded him: "Brother Chen, don't be discouraged. Cheer up. Even if they don't do anything, you have to stand up."
"The matter is over, Yiku.com will do it in the future. It doesn’t matter what you become, you have to think about your future.”
“Learn more and accumulate more on Yiku.com. After all, it is also a website invested by Microsoft. It is all gold-plated. This will be helpful for your next business venture. Benefits.”
Next time?
Start a business?
Chen Guangxia was stunned for a moment. He had been so exhausted recently that he wanted to quit. He had never thought about starting a business again.
Tired, destroy it.
Whoever loves to start this business will start it. Anyway, I don’t want to do it anymore.
Qin Shaoyan changed the subject, "How many users does your Yiku.com have?"
Chen Guangxia recalled, "I don't remember the specifics. It is said that there are more than two million, but in fact Most of them are inactive accounts. It would be good to have 500,000 to 600,000 active accounts. This is because of our reputation as a Microsoft brand.”
"How can it be only five or six million?" Qin Shaoyan said categorically, "There are at least five million users!"
"Ah?!" Chen Guangxia was stunned for a moment and looked at Qin Shaoyan in confusion. Understand what the other person means.
“Yiku.com has five million users, so its valuation must be quite high.” Qin Shaoyan asked again.
"This..." Chen Guangxia hesitated.
When Qin Shaoyan helped him attract investment before, Microsoft valued it at US$15 million and used US$5 million to take away 33% of the equity.
Logically speaking, Yiku.com's valuation would have to increase several times, but Chen Guangxia couldn't explain it.
Qin Shaoyan pondered for two seconds, "There must be sixty or seventy million dollars, at least."
"Huh?" Chen Guangxia's hand shook and he almost threw the tea cup away, "Sixty million dollars U.S. dollars?"
Qin Shaoyan replied matter-of-factly, "I still underestimated it. Look, Qvod.com is valued at 300 million U.S. dollars, and the number of users is barely 10 million."
“You have five million users. Although your daily activity is a bit low, you still have one-third of the valuation of Qvod.com.”
"Well, how about 100 million U.S. dollars?"
Chen Guangxia was very puzzled, "You can just say 1 billion U.S. dollars. The key is that no one recognizes it."
Qin Shaoyan smiled Laughing, he suddenly said: "How about I buy Yiku.com?"
"Huh?!" Chen Guangxia was startled and almost jumped up, "Mr. Qin, are you serious?"
Qin Shaoyan nodded, "Of course I'm serious."
Chen Guangxia was anxious, "Mr. Qin, Yiku.com is a mess, why did you buy it?"
Qin Shaoyan smiled slightly, "Of course I have my reasons for buying it, the key is you, what do you think. "
Chen Guangxia was stunned, "What can I think?"
Qin Shaoyan said lightly: "Think about it again"
(End of this chapter)< br>