It is easy to get drunk if you only drink alcohol without eating food.
Su Yehao picked up a few slices of cold beef. Everyone saw him using serving chopsticks to pick up vegetables, and they all followed suit.
When dining with a big boss, you don't seek merit, but you seek no faults.
There was no fool present, everyone looked quite serious, and they were prepared in advance to avoid losing their temper due to drinking too much.
After all, you can drink anywhere, but if you accidentally say something wrong or do something wrong, and you are resented for it, it will affect your future.
Many Internet companies have survived for more than three years.
After the Nasdaq bubble burst in 2000, it was hard to survive until spring came, when it was easy to achieve results and start making money.
They have begun to look forward to the "option reward" pie drawn by Su Yehao. No one is willing to give up a good company that can help them bring huge profits just before the peach is about to mature.
A few small cups of wine were consumed.
Su Yehao asked:
"We are gathered here today. Let's talk about whether the company has encountered any problems recently. It is currently in a period of expansion. It is very important to lay a solid foundation. By the end of the year, the number of computers in the mainland will probably exceed 30 million, and the number of active Internet users will be almost the same.
There are 20 to 30 million people, and these numbers are already quite large."
Lin Wei, CEO of TAT, nodded and replied:
"Based on the number of active users of TAT chat software, there are almost as many Internet users now. I think the main problem now is that there are many users who use our products for free, but very few users who are willing to pay. They seem to think that we are doing
He is charitable and has a very bad temper."
As soon as these words came out, Xiao Ma was deeply touched and said:
"Fortunately for you, I am responsible for the online game department, and I get scolded almost all day long. Occasionally, the customer service staff receives calls from parents and scolds them. Even I think they are working hard, even though they have already implemented the real-name registration function.
, restricting minors from accessing the Internet, they don’t care about their children, so they can’t expect our company to verify who is playing games one by one, right?”
Boss Ma heard this and said with a smile:
"Yes, playing games occasionally is good for relaxation. You can't stop eating because of choking. Even if there are no computer games, there will be game consoles, martial arts novels, etc. Now Internet cafes have restricted access to the Internet for minors. Many parents are worried about their children playing games.
They don’t even install computers, thus limiting their children’s opportunities to be exposed to the new era, which is not good.”
Regarding the issue of online games, there will be no resolution until the future.
Su Yehao keenly discovered the problem and said:
"Perhaps I should ask Huang Diamond Computer to launch a parental control anti-addiction function. For example, it can be set for two hours. When the time is up, the screen will be locked and a password will be required to log in. If this function is used as a selling point, maybe some of the functions can be eliminated.
Parents’ concerns.”
"As for the problem of converting free users into paying users, it is not only a headache for the mainland, but Silicon Valley is also groping forward. After all, there are still too few good businesses like Microsoft. If we don't give it free, others will do it too. It's too harsh.
It will only hand over the market to others.”
"So, how to find a profit realization model is the key. Each company's situation is different. In the final analysis, it is nothing more than virtual value-added services, advertising services, and corporate services. Like the Red Panda Online Mall, it is equivalent to moving a supermarket
Going online, this is a good business..."
There is a certain competitive relationship between Red Panda Online Mall and Dibao, and there is some overlap in customers.
After hearing this, Boss Ma didn't think anything was wrong.
Both companies are owned by Su Yehao. Even if Su Yehao doesn't do it, there will probably be similar shopping malls, which will inevitably create competition.
Yitabao.com has more than 3.5 million monthly active users, and its total transaction volume by the end of this year may exceed RMB 1.2 billion, which gives Boss Ma a lot of confidence.
Even eBay, which has spent nearly 200 million yuan this year, has not been able to shake the basics of Dibao.com. The price advantage is particularly obvious. In order to sell things, third-party merchants have begun to compete with each other, and users have benefited from this.
Affordable.
As long as it has the price advantage and cooperates with the increasingly perfect service system, there is no need to be afraid of eBay, an outsider. If it copies the old and American methods to the mainland, it will easily become acclimatized.
The senior executives are all talking about it, and the problems are still the same.
With the resources and financial support of Su Yehao, even during the most difficult period of the market, they did not encounter any major crisis and only needed to focus on moving forward.
The dishes are served very quickly, including crayfish, grilled oysters, mutton stewed with carrots, stir-fried cauliflower, etc., which Su Yehao likes to eat. There is also a small cup of fish maw and sea cucumber soup for each person.
After drinking almost half a kilogram of white wine, Su Yehao mentioned at this moment:
"I have recently considered that in the second half of next year, I will let the TOT portal receive financing first. We will look at the valuation at that time. Maybe it can be about 2 billion U.S. dollars. We will raise 200 to 300 million U.S. dollars in the initial stage and look for opportunities.
Then go to the Science and Technology Innovation Board of the Hong Kong Stock Exchange to list. If circumstances permit, you can also list on the mainland. This needs to be discussed with the China Securities Regulatory Commission and allow some preparation time."
His words were undoubtedly like a depth charge, attracting everyone's attention and listening very carefully.
For professional managers, being able to take a company to the public market is basically like clearing a game. Even if it doesn't count, it is at least a big boss.
Moreover, Su Yehao had mentioned it a long time ago and promised to allow employees to subscribe at low prices on the eve of the listing and to give equity dividends to old employees and senior executives, which is closely related to their interests.
Boss Ma couldn't hold back his words. After hearing this, he asked first: "Mr. Su, why don't you consider listing on Nasdaq? Investors around the world are mainly concentrated in Nasdaq. According to the scale of TOT, it is completely possible."
Do you have the strength to go IPO and list there?”
Su Yehao spoke in a Buddhist tone and replied:
"There is not much difference. If you list on Nasdaq, you will be subject to the supervision of Nasdaq. Some of them involve sensitive data, which will make me very embarrassed. In addition, I also want mainland investors to
Profiting from Internet dividends and thereby increasing our ability to resist risks is more important than short-term gains and losses."
His assets in the United States are already large enough, so why bother giving him a chance to choke others?
It’s not that Internet companies cannot be listed on the mainland, but they have requirements on revenue and profits. At the same time, there are no regulations on different rights for the same shares, and queuing up is very time-consuming.
These troubles are difficult for others to solve, but Su Yehao doesn't think it matters.
His influence is large enough and he can always attract enough investors. As long as he is willing to promote it and negotiate a proper solution with the China Securities Regulatory Commission, let these Internet companies be listed on the Hong Kong Stock Exchange and A-shares at the same time, and
It's not impossible.
The company belongs to Su Yehao, and he can list it wherever he wants.
The executives here are not too concerned about where to go public. They just want to know when it will be their company's turn to go public and how many shares they will receive at that time.
TOT’s CEO and others couldn’t help but smile on their faces and expressed their stance:
"Don't worry, Mr. Su, we will work hard recently and we will not let you down when the time comes..."