Although Su Yehao can just make the final decision, due to the company's rules and regulations, the necessary procedures must be followed.
It just so happened that the Kaomoji Group developed a beta version of an online video program, which was internally codenamed "Super Bell" as a tribute to Alexander Bell, the father of the telephone.
This development team has been preparing since the end of the year before last, and has absorbed many related development teams. The products it has produced are relatively mature, and they are just waiting for the right time to launch them on the market.
At present, icq has just started the internal testing of the voice message function, and has not even activated the online voice function.
It's not that it can't be done.
The main reason is that a group of giants in the communications industry have long been unhappy with the Kaomoji Group. They feel that the development of the Internet has caused a large number of customers to be lost in text messaging and phone calls, and it is better not to irritate them in the short term.
Smartphones in the true sense have not yet appeared. It is obviously not a wise decision to compete with a group of communication industry giants just for a small profit. Yanmoji Group still lacks time to develop, and its background is not enough.
Su Yehao took some time to let Eric Boyer finish the installation, and asked the Google CEO to find other directors and start a conference call.
During the test in the United States, it was quite smooth. Although there is broadband here in Pengcheng, there is a piece of Pacific Ocean in the middle, so the lag is a bit obvious.
A group of Google directors gathered in front of the computer, such as Danielle Kenning, Google's chief operating officer, and Larry Page, who voluntarily gave up his position as CEO but still worked at Google.
Danielle Kenning was surprised at this time: "You don't need other equipment, you can connect a camera and a microphone to video? This is amazing, investing in this company will definitely become popular!"
As expected of a veteran employee in the venture capital industry, when I saw this "Super Bell" video chat program, I immediately thought of investing in it.
Su Yehao replied:
"This is a product that is under internal testing with kaomoji. It will be directly added to icq and tvt in the future. I do not intend to make it independent. It will only cause trouble to users. Products with kaomoji are enough."
Larry Page smiled and said:
"I knew it would be a perfect fit for the Kaomoji Group product if it could be perfected a little bit. Sue, Pete Brito, one of the founders of Paypal, asked me to say hello on his behalf. He has a brilliant plan, and
We have a perfect team and want to talk to you about starting a business.”
Su Yehao remembers that guy.
The other party sold his shares in PayPal and left with a group of people. I heard he was very capable.
Silicon Valley is neither too big nor too small. It seems to be relatively open and inclusive, but in fact it is a personal society with a unique set of "survival rules."
In Silicon Valley, as long as you like to have fun, you can find parties almost every day. The purpose is to make some new friends, so that they can be used at the right time.
Silicon Valley tycoons like Su Yehao, who are both rich and powerful, are undoubtedly the type of successful people who stand at the top of the social chain and are tried by countless people to curry favor with them. There are many entrepreneurial teams who try their best to find him.
Before real success, even if the valuation reaches hundreds of millions of dollars or more than one billion dollars, you dare not call it true success. Most entrepreneurs actually just hope to sell their products at a good price at the right time and achieve financial freedom.
can.
So it's no surprise that, like Pete Brittle, he retreated from the rapids.
After they have funds, they suddenly become investors again. There are also many people who start their own businesses for the second time.
At 10:20 pm Pengcheng time, Su Yehao was not sleepy and replied: "I remember Pete Brito, what kind of new project does he have?"
Larry Page replied:
"It's a crazy plan. After the meeting, I sent an email with details. He hasn't told me the whole plan yet, it's just an idea. I think it has some possibility of success."
"Okay, let's have a meeting first."
Su Yehao faced the camera and expressed his position:
"I agree to acquire Prie. Its business can make up for Google's shortcomings and add a new channel to monetize users. The premium should be controlled within 15%, which I think is acceptable."
"But I'm worried that acquiring such a company will cause us to lose many advertising customers, hotel reservations, air tickets and other types of enterprises, many of which are our company's big customers."
Speaking was Chief Operating Officer Ms. Danielle Kenning.
When she was assigned to work at Google by Su Yehao from Koko Venture Capital, she was also present on the day it acquired the so-called anti-link company.
It was just a makeshift job at first, but I didn't expect that Danielle Kenning adapted to the new position very well, managed Google in an orderly manner, and successfully received a small amount of equity awards.
Su Yehao smiled and told:
"I admit that we will lose some advertising revenue, but as long as we successfully win Prie, it will help us earn more in the future. Google needs to be different from Yahoo and reflect its advantages and differences, such as Google Encyclopedia, ticket purchase and car rental.
A type of function can increase user stickiness, and the same can be said for the video sharing social business you are planning."
Google CEO Eric Boyer nodded and agreed: "My view is similar. After acquiring Prie, its performance will skyrocket and there is a chance that it will increase our valuation by one billion US dollars."
"One billion dollars? Then pretend I didn't say..."
Danielle Kenning smiled and seemed to believe Eric Boyle's point of view, which showed that the two parties cooperated well.
Su Yehao smiled slightly, thinking that a billion dollars was impossible. As long as the business was done well, any extra zero would be considered careless.
An atmosphere like Google's where everyone moves forward together to catch up with Yahoo and other companies is exactly what mainland Internet companies lack.
Su Yehao spent money and creativity on the mainland Internet market. He pushed it all the way. His competitors disappeared into the Internet winter without even making a splash.
Although it is great to monopolize the market, Su Yehao is also worried that they will be like Yahoo. One day, due to the lack of corporate culture, lack of identity, cohesion, etc., they will be overthrown by latecomers.
Although Su Yehao is rich, other investors may unite and surpass him in strength.
In this September of 2002, Silicon Valley has shown signs of bottoming out and rebounding. I believe that the mainland Internet market will soon bloom, and a number of potential companies will emerge, which are just right to be used as a whetstone.
If you have the opportunity, you can also acquire and annex some teams to inject fresh blood into companies such as tat and tot. If Internet companies want to survive and grow, they must compete and it is difficult to coexist.
This is mainly because many times, users often only need one product of the same type, leading to examples of young boys who slay dragons eventually becoming evil dragons everywhere.
Yahoo's management was just in disarray and it lacked any enterprising spirit, so it lost a large chunk of its market share to Google. It is still a company with a market value of more than 47 billion U.S. dollars, but it continues to be looked down upon by investors.
This shows how fierce the competition in the industry is.
Therefore, Su Yehao would rather sacrifice some short-term interests, but also want to give money to these enterprises and create some difficulties, and does not intend to help them in everything.
According to his idea, one by one will be given a sum of start-up capital in the near future, and if he wants to get money in the future, he can only raise funds by himself or go public.
The idle funds in the account are reserved to concentrate on developing the semiconductor industry. The wafer foundry industry is built with money. The same goes for the research and development of lithography machines. The competitive pressure is enough.
It is worth mentioning that.
As early as March this year, Canon's team broke up with Su Yehao's team, and the previously signed cooperation agreement was invalidated.
The root cause is that Canon teamed up with Nikon to break through the 157nm lithography machine technology, and they did not want to provide the new technology to Su Yehao's R&D team.
The R&D funds were funded by Su Yehao, and they were just asked to hire people to develop technology, and even this was kept secret.
On the other hand, Canon and Nikon have invested huge amounts of research and development funds in new technologies, and of course they do not want anyone to be able to break through their technological blockade.
They simply refused to do anything, found some excuses to evacuate the scientific research team, and took the initiative to tear up the cooperation agreement, leaving Dr. Lin Baojian and others in a mess in the wind.
Of course, the basis for cooperation quickly fell apart and ceased to exist.