Microsoft MSN suddenly acquired part of AOL's business, leaving Su Yehao to find a way to deal with it.
In just two days after the news came out, Yanmoji Group's share price quickly shrank by 11%, causing the company's share price to fall by more than one billion U.S. dollars. As the largest shareholder, his net worth evaporated by approximately $800 million.
It can be clearly seen from this that the status of the giant Microsoft in the minds of others is obviously much higher than that of the emoji group.
The total market value of the two differs by more than 30 times, and they are not of the same size at all. It is no wonder that Yanwen Group clearly occupies market and technological advantages, but it is still not favored by many investors.
On the contrary, a group of institutions, including Merrill Lynch and Nomura Securities, quietly took action secretly and bought a large number of stocks at low prices. These stocks increased by them accounted for a total of about 3.6% of the total share capital of Yanzi Group.
Otherwise, the decline will definitely be greater than it is now.
In March last year, Cisco's share price briefly exceeded US$550 billion, successfully dethroning Microsoft and ranking first on Nasdaq in total market capitalization.
At that time, some people still laughed at Su Yehao for being stupid and had dumped the two big bull stocks, Qualcomm and Su Yehao, early on.
In just over a year, Cisco's stock price has fallen to about 130 billion U.S. dollars, and it continues to fall.
Microsoft, on the other hand, still firmly occupies the top spot on the Nasdaq in terms of market capitalization, with a total market capitalization of around US$320 billion and a large amount of liquidity in its hands.
The vast majority of computer manufacturers in the world have to pay Microsoft a fee to purchase the Windows desktop operating system for every computer they produce. Some customers seem to have spent nothing, but in fact the price is included in the selling price of the computer. Huang Diamond Computer also
No exception, I finally managed to get a preferential price, and I spent a lot of money in vain.
Su Yehao's personal net worth is very high and he is already ranked the sixth richest man in the world.
But in terms of popularity, influence and the amount of wealth it controls, it is still far from being able to compare with the wealthy Microsoft. After all, the accumulation time is still too short.
MSN, a subsidiary of Microsoft, has just revealed its ambitions in the field of instant messaging and social networking, and it has put the Kaomoji Group into trouble.
Fortunately, Microsoft, which is deeply involved in antitrust litigation, is competing with the emoji group hand and foot to compete for the market. It can only rely on the desktop operating system platform used by hundreds of millions of people and its large-scale liquidity. There is no way to completely
Restricting the emoji group...the advantage still lies with Su Yehao.
This is actually the case.
There are so many real-time chat companies emerging in Silicon Valley, but none of them can compete with the Kaomoji Group. The key is that ICQ and TVT are not only chatting, but also established two different social platforms. This is the core advantage of the Kaomoji Group.
, allowing users to build social circles on the Internet.
With social networking as a big killer, Kaomoji Group is basically invincible. There is no product on the market that can replace "moments" and "personal space".
Su Yehao is trying to turn the crisis into an opportunity and seize the time to expand the business scale of the emoji group. What is usually a vigilant move has recently become a reasonable and reasonable self-rescue.
Microsoft is a platform that serves third-party companies. Once it tries to reach out to other areas and touch the interests of other Internet companies, it will easily arouse resistance throughout the industry, making every step difficult, as if it is stuck in a quagmire.
Same reason.
Since the Yanmoji Group also focuses on third-party service business, providing advertising and traffic and other services to third-party companies, if it starts to expand for no reason and reaches out to other Internet industries, it will inevitably lose a large number of advertising customers, and even
He was dragged down by malicious lawsuits and supporting other colleagues.
Silicon Valley cannot accommodate an Internet giant that spans many industries.
This is also the fundamental reason why Su Yehao turned a blind eye to many opportunities in the past two years and only dared to raise funds through KOKO Venture Capital.
The three industries of large-scale online online games, payment tools, and online video rentals are niche emerging fields that have just emerged in recent years, or that no one pays attention to. He only dared to invest through the Yanmoji Group after repeated consideration.
After all, there is a completely different difference between entering the market to grab other people's business and personally incubating and opening up new markets.
Blizzard Game Studio's "Warcraft", "StarCraft", "Dark Destroyer", and Valve Game Studio's current flagship products "Half-Life" and "Counter-Strike" are actually stand-alone games.
....
Facing Su Yehao's offer of US$80 million, plus assuming the company's liabilities.
Netflix founder Kevin Hastings, thinking about the next morning, readily agreed. He was as happy as meeting his lifesaver.
I have no choice but to do so.
As early as two or three months ago, Kevin Hastings went to his competitor, hoping that the other party could acquire Netflix's business. Unfortunately, the other party did not agree, and the company could not obtain new financing, leaving only
More than 700,000 U.S. dollars was not enough to cover the courier costs of cooperating with the Federal Postal Service, and he was heavily in debt.
Not only has it been out of food, but it is also possible to face a group lawsuit from customers. I really didn’t expect that Su Yehao would fall from the sky and offer such a surprising purchase price. It was so twists and turns that Kevin Hastings and his
The partners didn't even bother to bargain.
The specific acquisition was handed over to John Zhou. When he had dinner with Su Yehao, he told:
"I asked Netflix's CEO to calculate that their debt is about eight million U.S. dollars. Can such a company that burns money to expand really bring us profits? Customers only need to spend twenty U.S. dollars a month to choose
After watching six movies and sending them back to the company, you can choose six more. Not to mention the cost of the discs, storage costs, labor costs, and round-trip express delivery costs are all borne by Netflix. Last year, it burned more than 50 million US dollars.
, obviously just want to make money."
By burning money like crazy and increasing the customer base, turnover, and growth rate, it was very easy to make money before the stock market crashed in March last year.
No one cares whether the company is losing money. If you prepare a set of expected future growth and profit statements, you can attract countless investors waving checks.
Just one year later, this approach no longer works.
Every additional customer that Netflix adds will cause more losses and scare away many potential investors. With the scale of the emoji group’s investment, it’s no wonder that John Zhou started to worry.
Su Yehao disagreed and said with a smile:
"It's like going to the gym to get a card. Some people do go there every day, but the vast majority of people just think they need it. Whether they can use it once a month on average is still unknown. Netflix's traffic cost is very high, accounting for last year's
Most of the factors are responsible for the loss, but the business itself is in good condition, which is just suitable for the Kaomoji Group’s situation and can be monetized through Netflix at a low cost.”
Diversion and monetization was only the second, and the more critical reason was that he didn’t tell John Zhou.
In the case of Netflix, as long as it accumulates enough users, when the Internet speed becomes faster in the future, it can easily leap into the online movie viewing industry.
Then through the charging model, it quickly grew into a large-scale Internet company. This alone made Su Yehao feel the need to win it and give it a try...