Su Yehao lives a leisurely life and does not want to look for trouble.
The company has not completely let go, but many tasks that should have been done by him, the founder, have been assigned to professional managers who receive high salaries. Therefore, several entrepreneurial teams have developed in an orderly manner. In the past six months, they have applied to register two companies.
With more than 100 patents, the total number of daily active users has quietly exceeded 16,000.
As long as the number of users maintains a high growth rate, the cost of acquiring customers will continue to be spread equally.
Once it drops to a certain reasonable level, I believe that the valuation given by the market for tat will rise accordingly.
Today's venture capital institutions look down on Tat. One of the main reasons is that compared with investment, the number of users is too small. It costs thousands of Hong Kong dollars to acquire a loyal user. This cost is undoubtedly staggering.
Looking deeper into the reason, it is actually because Su Yehao strives for excellence and spent a lot of money in the early stages of development to improve the functions of the product, such as flashy personal decorations, personal space, various mini-games, etc.
Even if you can barely do it, it can be regarded as a job of sharpening your sword and chopping firewood.
With several successive upgrades, users often report that the program is stuck.
After investigation, it was found that there were too many old computers whose performance could not keep up with new models, and many dial-up Internet speeds were too slow. This made Su Yehao dumbfounded. He was arranging experts to study a reasonable update schedule to try to keep users fresh.
At the same time, it is only slightly better than its peers.
To avoid playing all your trump cards at once and attracting competitors to imitate, you will easily be asking for trouble.
I heard from John Zhou that someone in the company was planning to leave his job and start a business, seeking another development in the instant messaging market.
After questioning and learning that some people had signed non-competition agreements and confidentiality agreements, Su Yehao decided to nip the signs in the bud and let the legal department directly warn him that it was not in his interest to say that the prime minister could hold a boat in his belly.
In the blink of an eye, not long after the semester started at the University of Hong Kong, the Spring Festival holiday began again.
Together with the two-day weekend, there was a total of five days off. Su Yehao booked a private business jet in advance and took Nangong Tian to Tokyo first.
Jiang Yu did not follow, and temporarily decided to go back to the casino to be with his parents.
As for Nong Qingying and Yin Liuli, Su Yehao had settled in advance and just took the time to meet with them separately.
This also explains why the leather sofa chair in the cabin is so comfortable, but Su Yehao asked the flight attendant to bring a pillow to cushion his lower back.
Before boarding the plane.
Su Yehao received a call from the secretary of Yahoo's board of directors and learned that after the company's stock price rose to $70, the board of directors felt that the price of a single share was too high and was not conducive to later market circulation, so it decided to consider splitting the shares.
As one of the major shareholders, the board of directors maintains regular communication with him and documents are sent to him in a timely manner, which has become a norm.
As early as the end of June last year, Yahoo had already implemented a resolution of "two shares for one share", and this time it plans to "one for one share".
In other words, Su Yehao's shareholding will double, but the stock price may be cut in half.
In his view, every stock split means that Yahoo has strong development momentum and is conducive to the increase in the value of the stock in hand. Of course, there is no reason to refuse.
For example, if you hold one million shares, each share is worth $70, the total value is $70 million.
After one-for-one, the number of shares held reached two million, and the proportion of the total share capital remained unchanged. The stock price "dropped" to US$40, but the total value of the stock rose to US$80 million.
Stock splits are conducive to rising stock prices. This is an experiment in the financial circle. After all, if the price of the first-hand stock is too high, it will reduce the investment enthusiasm of retail investors and invisibly raise the investment threshold.
In Su Yehao's view, short-term fluctuations have almost no impact.
Anyway, he has made up his mind to hold it for a long time, and he has no intention of throwing away this money printing machine until the Internet bubble may burst.
Go to bed as soon as you get on the plane, and you will be provided with pillows, eye masks, and earplugs.
After more than three hours of flight, the Gulfstream business jet landed outside Tokyo.
Daiichi Quanye Bank arranged for a board member with a part-time role to come to the airport to receive Su Yehao, and specially found two comfortable Mercedes-Benz commercial vehicles for him to use during his trip to Japan. The interior has been renovated and the space is spacious.
, exquisitely arranged.
The so-called "specialist" job content is to assist the president in corporate management, and his status is the same as that of the executive.
Su Yehao himself has a large loan amount. Considering that he also has a wealthy father who also cooperates with First Quanye Bank, it is inevitable that he will be taken seriously.
After the white-haired executive briefly conveyed the goodwill of their president, he left the rest of the work to the public relations department. A middle-aged woman, accompanied by a young and beautiful girl, was smiling all the time.
Bow, my English pronunciation is quite standard, and there is no barrier to communication.
When Su Yehao got into the car, he turned to look at the pretty little publicist.
Seeing this, Nangong Tian joked: "Do you regret bringing me here? It seems that they have made arrangements for you. There may be a beautiful woman in a kimono to take care of you in the hot springs and feed you fruits. She is so enchanting and beautiful.
That kind of thing.”
"No matter how beautiful I am, how can I be prettier than you? Fruits that are not fed by you yourself are not sweet enough after all."
Su Yehao finished speaking reflexively, and then explained: "Don't get me wrong, I just think she looks like a star."
"If you say you look familiar if you are pretty, men are really unreliable."
Not long after teasing, as the car set off, Nangong Tian's attention shifted to other things. She planned to go shopping in Ginza, find the best restaurants in Tokyo, and see Tokyo Tower in the evening.
Speaking of her knowledge of this place, she mainly learned it from Tokyo Love Story.
It is said that I watched it when I was in junior high school, and I cried so much that I regretted that the male and female protagonists could not be together.
Su Yehao had a general impression of this place, and he just went out for a walk with a tourist mentality, and also to inspect and learn from competitors.
Whether it is the home appliance industry that is about to be financed or the Internet venture capital industry, Japan is at the forefront. If the business becomes bigger and bigger in the future, there will inevitably be times when we have to deal with it, so it is definitely a good idea to know about it in advance.
Looking through the travel brochure, the bank had already formulated a detailed itinerary plan based on Su Yehao's needs.
After shopping in Tokyo today, I will go directly to the hot spring hotel at the foot of Mount Fuji in the evening. Tomorrow I will visit the headquarters of Daiichi Banking and three household appliance manufacturers in Tokyo. They all have cooperation with Daiichi Banking. They are in trouble and are willing to be acquired or
The kind of financing.
The day after tomorrow, I will leave for Sapporo, continue skiing, soak in hot springs, and inspect home appliance manufacturing companies.
Japanese banks are accustomed to providing consulting services to customers, including development planning, information collection, auditing and restructuring, etc.
Before making this schedule, someone communicated with Su Yehao. At this moment, they also listed a lot of corporate information in traditional Chinese versions. It was a thick stack, covering finance, real estate, hotels, the Internet, etc. They probably wanted to take advantage of the opportunity.
Let Su Yehao make the acquisition or provide funds to achieve a win-win situation for all parties.
Without exception, these companies in the information are all customers of First Quanye Bank, and some of them still owe bank loans and are unable to repay them.
Knowing what the people at the bank were planning, Su Yehao didn't mind. Instead, he was very interested in reading the information carefully with the wonderful mentality of Taobao and Nuggets.