Being a shareholder in a company like Yahoo does not mean you are a manager.
The equity is firmly in the hands of the founding members, and as long as they do not make serious mistakes, even the shareholders' meeting has no right to interfere with the company's operations.
Yahoo just held a shareholders' meeting last month. Not only did Su Yehao not attend in person, he didn't even find an agent.
A group of shareholders holding a meeting is more like transmitting information unilaterally, and shareholders can only sit and listen.
Of course, the company will not go too far, and will still carefully evaluate good suggestions. After all, investors joining together can affect the trend of stock prices, and will also have an impact on the financing market.
The Internet industry has been developing in the United States for some years, and the rules and regulations are relatively mature. The founders generally control the right to speak by relying on the company's articles of association and different rights for the same shares.
In other words, although Su Yehao is the eighth largest shareholder of Yahoo, he actually has no real power.
Even if you come to Yahoo, you can only be a distinguished guest.
Compared with the company he founded with his own hands, his status is completely different. After all, he only owns about one-thirtieth of Yahoo's shares, and his voice is even lower.
It's on vacation.
Most of Yahoo's employees are on vacation. It is said that the CEO went to Panama Islands and there was no chance to meet him this time.
The idea of poaching people from Yahoo never stopped, so as soon as he left with a small gift, Su Yehao told John Zhou: "Contact the headhunter for me, and while the Yahoo employees are on vacation, ask if there are any programmers I want."
If I want to change jobs, their development experience will be useful to me, and you can arrange the specific positions."
John Zhou thought how quickly he could fall out, and said:
"It may be a bit difficult. In the early years, Internet companies in the United States were poaching people wildly, so they formed an alliance. After employees joined the company, they would also sign a non-competition agreement, stipulating that they could not work in the same company for a certain period of time."
Su Yehao didn't expect this, but he did hear about it.
After thinking for a moment, he then told John Zhou: "If they are truly top talents, I am willing to pay liquidated damages for them. In addition, I can also let some people come over to be planners. It would be a pity to do the work myself. Management may be more suitable.
I value the TOT project very much. In the future, we can support each other with TAT and capture users in the mainland, even if we spend a little more money."
John Zhou smiled and said: "If you say that, then I will help you find a way. The money earned from investing in Yahoo stocks is used to poach people from Yahoo. It's so interesting."
Su Yehao pinched his eyebrows, sighed and told:
"I am only a small shareholder holding a few percent of the shares. It is clear at a glance which is less important and which is more important. It must still be my own business, which needs to be given priority."
…
It took half a day to complete the short inspection.
Su Yehao has a deeper understanding of the current industrial development situation in Silicon Valley.
Take a look at the garages on the street. Many of them are rented to entrepreneurial teams, with various company signs hung up. There are also office buildings near Stanford, which are often divided into small apartments and rented out to people to start their own businesses.
There is a street that is full of various venture capital financial companies, so much so that Su Yehao also wants to bring KOKO Venture Capital to join in the fun.
In the impression.
Yahoo, which will decline in the future, once rejected the famous Google and Facebook, but it also successfully financed Boss Ma's Alibaba.
Another horse owner’s dilemma of trying to sell penguins but finding no one to buy them is equally interesting.
Su Yehao, like everyone else, has seen jokes about this. However, when he became an investment talent, he found that it is not easy to find gold in the wild, mainly because there are so many entrepreneurial teams, so many that it is dizzying, and it is difficult to start one by one.
Check carefully to see if it is reliable.
For example, since the financing of Yinhai, entrepreneurs who took the initiative to find KOKO Venture Capital in Hong Kong City have never stopped.
There are not only entrepreneurs from the mainland, but also projects from Japan, South Korea, Hong Kong, New Zealand and other regions. Some people dare to ask for millions of investments with only a mouth and an idea in their head, without even a business plan. Some people even
Projects with no future are treated as treasures, such as popular blogs and forums. The threshold for starting a business is relatively low. There are many people who think they will succeed if they find a certain direction.
If you want to be discerning, apart from your own ability, it also depends on luck and chance.
Some things cannot be forced.
Su Yehao looked around and found that many familiar companies had not yet been born. He didn't even know whether they would appear again in the future due to his own accident.
There was really no other way, and I didn't want to miss the huge treasure, so I had to roll up my sleeves and end up on my own.
So far, we have owned Yinhai's WPS, TAT instant chat program, and TAT mailbox. With the successful completion of the acquisition, there is hope that the search engine and portal project tentatively named "TOT" will be launched in the next one or two
Launched into the market within the month.
Regardless of the three days of fishing and two days of netting, Su Yehao has indeed done a lot with his strong financial resources and ruthless vision, but he has not seen any returns in the short term. Other investments are still more profitable.
At the end of December 1997, according to local time on the West Coast of the United States, there were only three days left before the New Year.
Su Yehao spent a few minutes reviewing the past this year, and in a blink of an eye he left the business behind...
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Take Yin Liuli with you and take the car south along California Highway 1.
After visiting the central coastline first, we went to Pebble Beach Golf Course, and then went to Hearst Castle on the seaside near San Simeon.
The destination was Los Angeles Disneyland. I thought that after a day of fun, I would go back to Hong Kong directly from Los Angeles. I booked a first-class ticket in advance, and it was a United Airlines Boeing 747.
Originally, Nong Qingying wanted to go to Tokyo Disneyland, but he didn't expect that when Su Yehao came back to Disneyland for the first time in his life, he would first accompany Yin Liuli.
Because of the time difference.
By the time they arrived at Los Angeles Disneyland, it was already 1998 in the harbor city. Nangong Tian was the first to call during New Year's Eve, and Su Yehao called Nong Qingying right after.
Yin Liuli probably heard it, so he didn't ask any questions. He already knew it beforehand and just turned a blind eye.
After getting along for more than half a year, we already have this tacit understanding.
After all, what can we do if we talk about it? Since we don't plan to separate, talking about this topic makes both of them uncomfortable.
Having missed the New Year's Eve in the casino, Su Yehao spent the New Year's Eve with Yin Liuli in Los Angeles.
The first day of 1998.
After getting on the plane, Yin Liuli saw Su Yehao sighing and asked curiously: "What's wrong? Did you leave something at the hotel?"
Su Yehao shook his head:
"No, I suddenly thought that the manufacturing company of Gulfstream business jets is in the United States. I should take the time to check it out. Forget it, next time I will ask them to find a latest model aircraft and send it to me to see. I want to get a loan to buy one.
The accounting firm told me that I have paid a lot of taxes this year and there is still a chance to recover some losses before the filing deadline. It would be a pity to leave it to the old Portuguese..."