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Since Su Yehao became famous, many local businessmen have found him.
For example, during Google's financing a few days ago, several well-known wealthy businessmen from Hong Kong asked someone to greet him and directly expressed their willingness to get on the bus.
Su Yehao didn't stop him and gave them a portion of the shares, accounting for about 6% of the total share capital.
Part of the reason for Google's external financing is to try to find strong allies. Previously, because of the Kai Tak Cyberport, he had made friends with a group of big local businessmen in the Hong Kong city. This time it was just a matter of consolidating the relationship and deepening cooperation in terms of interests.
Yahoo's market capitalization has exceeded the $70 billion mark.
In recent months, Yahoo has been merciless in suppressing Google. It has acquired third-party companies to optimize the accuracy of search results, adjusted its advertising strategy, and paid more attention to user experience. It has also spent a lot of money to conduct offline advertising.
Promote and expand market share.
Even on the buses in San Francisco, you can see Yahoo's advertisements, and they are very willing to spend money when recruiting talents. Headhunters have even reached out to Google founder Sergey Brin.
Of course.
Sergey Brin will definitely not agree. He and Su Yehao have a clear agreement. If he voluntarily chooses to leave the company before Google goes public, the previously promised shares will be void. The value of this part of the equity is far greater than what Yahoo offered.
The price tag is much higher.
What's more, Yahoo is not really indispensable for him. They are just using small tricks to try to break up the tacit understanding between Google's management.
A combination of punches caused Google's development to be in trouble, user growth rate declined, coupled with no improvement in revenue, the valuation at the time of external financing was only US$1.5 billion.
More than US$70 billion versus US$1.5 billion.
Su Yehao knows very well that Yahoo's business is growing. Everything is going smoothly now, but it will be very difficult when the market falls into a cold winter. Therefore, even if Google is allowed to raise funds externally now, he is not worried about cheating his carefully selected allies.
Crossing his legs, Su Yehao shook his head and said to Mai Wenjia:
"I didn't plan to raise money. It's just an online dating website. The social relationship is not strong. Users will only think of it when their hormones are strong. Moreover, the competition in this industry is not small. The reason why Loveline can develop
The main reason is that the two co-founders are willing to spend money. Things seem to be good now, but I always feel that there is no future.”
After thinking about it, Mai Wenjia smiled and said:
"Yes, the people who use Kaomoji Group's products are all friends and acquaintances, but there are only strangers on this product. It is very likely that after everyone gets to know each other through it, they will choose to use ICQ or TVT to contact the nearby ones you launched.
Human functions are very similar.”
"That's pretty much the truth. The valuations of these companies are so high right now, and it's so hard to squeeze them out. It's so difficult to pick some suitable new projects."
Su Yehao closed the folder, continued to taste the authentic Jamaican Blue Mountain coffee, and added: "Next, you can change your mind. You are only responsible for collecting information on the Internet industry, shift your attention to new areas, and pay more attention to mobile terminal equipment.
New technologies, such as LCD screens, touch screens, batteries, operating systems, etc.”
Since the business transformation, several large-scale projects have all taken shape. Coupled with the fact that the Internet has quietly entered a bottleneck, Su Yehao's business is in a period of precipitation.
Although I sold my Yahoo shares before, I was still making money from it through leveraged options investment.
This made Su Yehao hold a huge sum of money and still have extra funds to pay a little attention to new trends, so he asked Mai Wenjia to collect some relevant information in advance.