Chapter 1029 Debate
The wind pressure formed by the helicopter propeller made Yang Wenyuan, who was sitting in the car, squint his eyes, and his originally cheerful smile also looked a little sinister.
David started the engine and raised his head and said, "I still think you should listen to his opinions. Online broadcasting has no necessary connection with Yahu's inherent search engine business. Large and full will inevitably lead to an increase in the company's management difficulty and a surge in management expenses. The company does not need to rashly enter an industry that we are not familiar with because it wants to chase Microsoft..."
"Shut up! David! You don't even know where the problem is," Li sniffed and interrupted David's nagging. Yang Wenyuan raised the car window and said angrily. "Don't you know the technology of Weizhi?"
David started the car, glanced at Yang Wenyuan, and saw his gloomy face, and couldn't help but feel a little strange, but he replied, "Weizhi Technology? I know, it is the largest comprehensive Internet company in the Chinese Internet industry. News, navigation, portals, and search are all done quite well. If Weizhi Technology was born in the United States, even we must have been under pressure..."
Yang Wenyuan said. "Weizhi Technology was founded by that kid! He obviously grew up on our shoulders. Not only did he copy our creativity, he also poached more than a dozen programmers from the company's technical department. He sent all these people to China through the Icy Software Company to help him build the framework of Weizhi Technology..."
Listening to his story, David was a little confused. "Yang? What do you want to say?"
"What do I want to say? So I said you are only suitable for developing programs while sitting in front of a computer, not for standing under the spotlight to make due contributions to the development of the enterprise!"
Yang Wenyuan's merciless ridicule made David feel embarrassed. He scratched his head and muttered that he was indeed not suitable for facing the media, and the sense of accomplishment brought by the development program also made him feel comfortable and comfortable.
"David! We have changed from entrepreneurs to business managers. It's not that I belittle your technical capabilities, but that there are many technicians in the company who are smarter than you and know how to write programs. I have already adapted to new positions and can face new challenges, but you still stop and don't move. This is not possible!"
Yang Wenyuan's sigh made David's face turn red, but he didn't know how to respond.
However, Yang Wenyuan was not prepared to get his response. After sighing, he took out his cell phone and called his female secretary, asking her to immediately arrange a meeting with senior executives of top investment banks such as Goldman Sachs to solve the problem of Yahu's equity.
After he finished calling, David spoke. "Yang, I always feel that you are too extreme in dealing with him. So far, the only thing he has intervened in the company is this online broadcaster acquisition. The investment of 3 billion US dollars is indeed a big investment that needs careful consideration for the company. You..."
"Do you really think it's enough to handle it for 3 billion? Let me tell you the truth. If the shares held by Cuban cannot reach 5 billion US dollars by the end of the year, the difference needs to be made up by me personally! That is a bet agreement, and the company's stock price needs to be further boosted to truly complete that agreement!"
David exclaimed. "What? Five billion? Wouldn't that mean the online broadcaster's price still exceeds fifty and five billion dollars?"
"Of course! The value of online broadcasters is underestimated. People on I and I think that their real value is more than 10 billion! The earlier you buy, the lower the price. In the current financial market, as long as you are related to technology and the Internet, companies can raise more funds. If you don't take advantage of the good market, you will have to fight for a broad financing environment. If you want to have a broad financing environment, you don't know how long it will take! Microsoft is deeply trapped in the antitrust bill, and Bill also angered the judges and users because of his inappropriate remarks. I believe that the European market will not miss this opportunity. If a giant falls, more giants will rise. If Yahu wants to become a "great" company, it must be a struggle and also requires appropriate sacrifices..."
Yang Wenyuan's statement was very passionate, just like when he was facing media interviews. Both his expression and tone were full of confidence.
But David's face became increasingly ugly. He always felt that the company's development has been fast enough now. The continued rise in the company's stock price has made investors' expectations of the company's profitability become higher and higher and more demanding. However, as an Internet search engine website, user experience is the most important thing to pay attention to and study deeply. Yang Wenyuan has become too ambitious and has become eager for quick success and instant benefits. He always feels that this kind of development is not a good thing for the company.
The financial tycoons on Wall Street do everything they do to cash out more profits. Wall Street does not care about the future development of a company. What they hope is to cash out quickly after entering and make enough profits in a short time...
Seeing that he was gone, Yang Wenyuan reached out and patted his shoulder. "David? What are you thinking? Look at the way!"
"Yang! I still think it's inappropriate. Fu doesn't look like the kind of person who likes to sacrifice friendship for the sake of his interests..."
Yang Wenyuan laughed out loud. "David! You are too indecisive, and you are too kind! You should know one thing, when you succeed, you will not lack friends around you. There is an old saying in the East that is 'Share the same joys and sorrows but not wealth and honor'. That boy succeeds with the help of our success, but he is actually a robber and a thief! He stole the market we should have occupied and stole the creativity of us and other Internet companies. Such people are despicable and shameless. The sooner we get rid of him, the closer we are to success!"
Speaking of this, Yang Wenyuan saw that David wanted to refute, and he patted his shoulder again. "David! Do you know a noun, online business?"
"Online Business? What does it mean?"
"It is an Internet company that sells goods originally sold in supermarkets and convenience stores on the Internet for sale, and people can buy things without leaving their homes..."
"Huh? Is this okay? Isn't that a company similar to Amazon?"
Seeing that his attention was successfully diverted, Yang Wenyuan laughed proudly. "Hey, Amazon is just a small bookmaker, only selling publications! But the company I mentioned sells everything, such as Coke, beverages, rice, biscuits, and as long as it can be sold, they are sold on the Internet. I think once this kind of enterprise develops, it will replace traditional distributors, sellers, and online business companies without storefronts, advertising, storage fees, and factories. This is a disruptive enterprise, a company that will eliminate all traditional stores, and its turnover can be far beyond what Amazon can achieve..."
David said strangely. "Yang? But the problem is that labor in the United States is quite expensive. If you want to establish such an online business company in the United States, the transportation costs alone will be unbearable. If a can of Coke is delivered to the customer, it is only a two or three dollars to increase the price, it will be uncompetitive!"
"No, no! I didn't say that I wanted to establish such a company in the United States. What I mean is a Chinese Internet company. Many cities over there have a very large population density and labor is quite cheap. It only takes several months to make a profit. And if the costs between the retail and production ends can be squeezed, then even if there are transportation and distribution costs, the terminal price is much cheaper than the retail end!"
"You mean the company has been successfully launched?"
Yang Wenyuan smiled proudly. "Of course! The prospects of such a company are quite bright. I have already made Yahu successfully invest in through Idg. Although the initial price is only one million US dollars, once this company successfully lands on Nasdaq, the market value of Yahu Company will definitely rise by tens of billions, or even billions of dollars, which is enough to make up for the book losses that I may have caused by injecting online broadcasters into Yahu..."
David simply parked the car on the side of the road, turned his face and said in surprise. "Injection? How many shares can a one-million dollar investment be obtained?"
Yang Wenyuan proudly opened his hands. "Yahu and IGG jointly own 55% of its shares. And according to the relevant regulations on the listing of foreign companies on Nasdaq, if this online business company wants to log in to Nasdaq, its non-US equity cannot account for more than 20%. In the end, the founder of this company will be expelled from this company. For millions or even tens of millions of dollars, you can obtain a company with a market value of over 10 billion. Do you think such a transaction is cost-effective?"
"Of course it's worth it!" David exclaimed, but when he thought about it, his face turned a little ugly. "But the founder of this company is a little pitiful. It's so sad that the company founded by one has to sell its efforts because of the Nasdaq listing regulations..."
Yang Wenyuan frowned. "David! It's wrong for you to think so! Your behavior is called "Woman's Benevolence"! The risk of venture capital is very high. If one or two successes of a hundred companies is considered a good result. Besides, Yahu can participate in its first round of capital injections, isn't it because these top investment banks hope to obtain stocks in our company? In order not to make us fall victim to the equity dispute, then naturally someone needs to become victims..."
Chapter completed!