There are few talents and many projects, and the scope of personnel adjustments is relatively large. Especially the group of senior executives who made do with it at the beginning are gradually unable to adapt to the needs of the company's development.
It’s not that they are quitting their jobs, most people still stay in the company and enjoy relatively high salary and welfare benefits.
However, some of them have stepped down from their senior management positions, and the senior executives who take over often have rich work experience and higher academic levels.
TAT here.
The current CEO, whose name is Lin Wei, graduated from the University of Hong Kong and studied at King's College London. He worked in Silicon Valley for four years and was then headhunted to work for Su Yehao.
He is said to be the CEO, but Lin Wei has been working for more than three months, and today is the first time he sees Su Yehao.
After greeting each other.
The two of them were sitting in a simply decorated office. Su Yehao pointed at Brother Ma who had just left, and said, "I think this guy is more popular, and I think he might be more popular. The company is going to set up a game next."
Department, let him be in charge of management."
Lin Wei is thirty-four years old this year. He wears a pair of glasses on the bridge of his nose and a Jaeger-LeCoultre watch on his wrist.
I have been working at AOL for four years and currently receive an annual salary of 800,000 yuan. A crisp suit will probably cost 20,000 to 30,000 yuan, which makes me look very particular.
A native of Hong Kong.
I don’t think there is anything wrong with Su Yehao’s suggestion that it might make him prosperous. Lin Wei has a total of three godfathers, but they are not just the ones suggested by fortune tellers. They are very particular about zodiac signs and surnames, and they have been moving around since childhood.
Hearing this, Lin Wei nodded and looked outside... He was thinking that he didn't remember what Brother Ma looked like at all. He just took a casual glance and wanted to ask others later to retrieve the information.
He looked at Su Yehao and smiled:
"Boss, I am also paying attention to your reforms in TVT."
"The scale of ICQ and TVT is indeed suitable for the next step of expansion and adding new projects that can bring in revenue. Even if you don't tell me, I have already planned to develop several new games."
"It is expected that the number of Internet users in the mainland will increase in the next few years. ADSL broadband is expected to begin commercial use this fall, with the Internet speed increasing to about 8M. The installation cost will not be too expensive, especially for Internet cafes."
"The Internet cafes here are very interesting. I went to inspect them last week. This industry is very promising. People may not be able to afford broadband access and computers, but there are dozens or hundreds of computers in an Internet cafe. It only costs money to use them."
With a small amount of money, I am planning to write a material and use Internet cafes across the country to promote our instant chat program..."
Lin Wei talked eloquently, seemingly knowing what he was talking about, and his tone was confident and steady.
After listening to what he said, although he didn't have any inspiration for Su Yehao, he still felt that the money was well spent. Sure enough, you get what you pay for. Professional managers hired with high salaries are different. They have obviously seriously considered TAT's next steps.
development plan.
very good.
As long as this guy's execution skills are in place, he can save a lot of trouble and continue to work happily.
Su Yehao raised the corners of his mouth slightly, nodded and said:
"Yes, the idea of using Internet cafes to advertise will definitely work. I can give you an additional promotional budget. Now my focus is on the United States. After the mainland's broadband plan develops smoothly, this area will become
New focus. There are many competitors in Silicon Valley, but the mainland is a wilderness. What you have outside can also be found here, so I also hope you can learn more about industry trends, use the user resources of TAT and TOT, and cultivate and support a group of investors.
Subsidiary, direct acquisition is no problem.”
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"...That will cost a lot of money." Lin Wei said.
"You don't need to worry about funding issues. You just need to do a good job in TAT work. The priority for investing in the mainland will be higher than that of Silicon Valley, which has overstretched potential. I will allocate a batch of funds here. The scale in the next few years may be
More than $500 million."
Regarding these ideas, Su Yehao didn't talk nonsense.
His initial plan was to make money from the Internet bubble and then support and enjoy the dividends of mainland development.
The acquisition of ICQ, Google, and the entrepreneurial development of TVT were just a coincidence. Su Yehao discovered the business opportunity and couldn't help but dive in.
Starting this year.
The commercialization of Mainland broadband will inevitably become a trigger for the Mainland Internet market. Self-entrepreneurship, plus venture capital and private equity investment, this super combination has the opportunity to come in handy.
From the perspective of yield, it is much higher than continuing to invest in Yahoo. Therefore, as long as a good project is found, even cashing out part of Yahoo's shares in advance is not unacceptable in Su Yehao's eyes.
Lin Wei first mentioned the next development ideas, and then Su Yehao revealed a little bit of his thoughts.
When the other party does things for him, he doesn't know how ambitious his boss is. It's easy to be limited to one-third of an acre and not understand his true intentions.
Previously, the plans proposed by Lin Wei mainly focused on the development of TAT itself.
At first glance, I heard that it would invest at least US$500 million in the mainland market in the next few years, which is equivalent to throwing a big bomb into a small pond.
TAT, with a valuation of more than 100 million yuan, has become a well-deserved leading Internet company in the mainland. How can it be worth spending 4 to 5 billion yuan to come in?
Lin Wei did feel that with TAT's current capital scale, the more than 20 million in the account was not enough, but he never thought that he planned to invest so much.
Surprised.
The CEO of TAT seems to understand Su Yehao's thoughts a little bit.
On the one hand, this is because the mainland has a relatively large population base and a relatively broad space for development. On the other hand, it is also because there are few peers with strong competition, making it suitable for brutal expansion and sweeping across all major fields.
After all, Su Yehao just said that what is available outside can also be found here, and he is also trying to support other companies through TAT's user resources.
After thinking for a while, Lin Wei suddenly realized that there was a high probability that this path would work.
Recently, some companies have bought advertising space from TAT, and the results are often very good. Since it can help attract traffic and there is no shortage of funds, why not take those companies into your own hands?
The more he thought about it, the brighter his eyes became. Lin Wei couldn't help but clapped his hands and said happily:
"As expected of a person who does big things, Mr. Su is so courageous that he actually went for a monopoly. The DSL broadband business in the United States has just begun to develop. It is almost on the same starting line as the mainland, but the population is about four times different. Now it is
If you spend money here, you have a higher chance of success. Unlike places in India, the economy here is developing very fast and the environment is very stable. It is very suitable for doing business, and at least the prospects are very bright."
Su Yehao waved his hands calmly and said:
"It's just routine operations. Monopoly is easy to target. I just hope to provide an Internet ecosystem to help people enter the information age and meet their daily needs. I tell you this because I am worried that you will only focus on developing TAT and ignore the development process.
The opportunities created, and the company's users are our most valuable assets. Pay more attention to some companies with potential, and I will arrange for KOKO Venture Capital to assist you."
With the current potential of Silicon Valley, it is increasingly overstretched by crazy investors.
This year's development direction can be tilted more toward the mainland. Even if it still needs a long time to incubate, the benefits of entering the market first are already obvious.
Take TAT and TOT as examples. From zero foundation to leading companies with the highest market share, they encountered almost no problems.
The market is here, you can occupy it casually. Silicon Valley doesn't pay attention to it at all, and powerful capital also pays very little attention to it.
What can be predicted in advance is that when the market gradually becomes larger, competition will begin to become fierce.
But that is something that needs to be worried about in the future. It is still in the pioneering era. It is such a golden period of development. If you miss it, you will feel distressed for at least three to five days, not to say that you will feel distressed for a lifetime.
Su Yehao has the strength to cut off opportunities that originally belonged to foreign investors...