ps: Thank you to book friends 'Long Qijun' (two pieces), 'Sheng Siyan' 890 'Love you for life' (two pieces) ' Xiaoyi 002 ' for their support, as well as book friend 'Sheng Siyan' 588 starting coins, and book friends'
Xiaoyi 002'200 starting coin support, thank you very much!
Chapter 744: Investing in the Internet Industry
…
"Chairman, this is the company's business report for the first half of the year!"
Taking the document handed over by Zhang Fan, Liu Dong quickly flipped through it. The flow of every fund recorded on it was very clear. ∽↗,
"Are you so optimistic about the future of Google, Amazon and eBay?" Liu Dong asked after putting down the documents.
Most of the funds he handed over to Zhang Fan were invested in these three companies. Amazon and eBay were better, with the former holding 8.9% of the shares and the latter 12.3%. However, Google exaggerated and had already reached %
!
In contrast, none of the remaining dozen Internet companies has more than 5%!
"Yes, Director Liu! I am very optimistic about the future of these three companies. Google has taken a leading position in the search field, Amazon is the leader in the B2 field, that is, the online retail field, and eBay is the third player in the online auction industry.
First, I have met all the leaders of these three companies. They are all operating in the Internet industry. They have very clear strategic plans for industry positioning and future company development strategies, and they have also persisted under the Internet bubble.
And they are Internet companies that can expand, so I think the future of these three companies is limitless!" Zhang Fan said seriously.
Liu Dong nodded and said, "You are the president of Qingyang Venture Capital. Since you think the future of these three companies is unlimited, then go ahead and do it. I am still the same as before, only looking at the results!"
"Thank you, Chairman, for your trust!" Zhang Fan said quickly while feeling relieved.
"You're welcome. This trust is earned by your hard work. Since the establishment of Qingyang Venture Capital, its performance has doubled in more than a year, and you are indispensable!"
Liu Dong's words made Zhang Fan feel deeply pleased, and of course he was more confident in the upcoming talks!
"Tell me, you took the risk and flew to Phoenix this time, I'm afraid it's not just to report the company's performance to me, right?" Liu Dong said with a smile.
Hearing this, Zhang Fan also smiled and nodded. If Liu Dong's stay in Los Angeles hadn't been too short and he happened to be away, he would definitely not have caught up with Phoenix.
"Chairman, I request you to invest another US$200 million in Qingyang Venture Capital!"
Zhang Fan quickly made it clear why he was here, and Liu Dong's guess was correct. He was here to ask for money, and it was a huge sum of money!
"200 million US dollars?" Liu Dong was a little surprised.
He never expected that Zhang Fan had such great ambitions.
Of course, this is also related to Liu Dong's previous strategy. His unscrupulous loan of 20 billion Chinese dollars in the country made Zhang Fan see the huge energy of his boss. Therefore, Zhang Fan, who is eager for further development of his company,
Naturally, I have greater confidence to make demands.
"That's right! Chairman, look!"
With that said, Zhang Fan took out another document from his briefcase and handed it to Liu Dong.
"iq, Internet instant messaging?" Looking at the beginning of the document, Liu Dong said in surprise.
"Yes, Chairman! IQ is an instant messaging software. In 1996, three Israelis, Visig, Vardy and Goldfinger, got together and decided to develop a software that enables people to communicate quickly and directly on the Internet.
software. They named the new software iq, which means "i 色ek tempt (I'm looking for you)"."
"...As soon as this software was launched, it immediately responded to the global response. With its unprecedented creativity, it quickly gained a large number of users around the world. Even in Asia, where the Internet was not very developed at the time, the number of users in the market accounted for 70%. In China,
It accounted for 80%. In 1998, iq was acquired by AOL for US$407 million. At this time, its number of users exceeded 10 million."
"...In 1998, America Online purchased the iq and later launched 99a, 99b, 2000 and other versions with more functions, but at the same time, advertisements were inserted into the iq. The built-in search function made the software bloated, and it was not
The extremely popular advertising columns, and the launch of software such as MSN, Messaging, Skype, etc., have led to a decline in the number of people using IQ.”
"In other words, this is a company that is going downhill!" Liu Dong said after listening to the introduction.
"Yes, Chairman! In the Internet bubble of 2000, when more than 80% of Internet companies in the world collapsed, and because of AOL's wrong policies, the number of people online at iq dropped year by year, but now it is still the world's number one
The instant messaging software has about 30 million users worldwide and still has great value, so I think this is an opportunity for us!" Zhang Fan said.
Of course, this is also an opportunity for him. As an IT professional, what he is best at is not investment, but business management, so he is likely to be able to control a large Internet company.
After thinking briefly, Liu Dong said: "Since you think it still has great value, I believe there are still many people who can see the value of this instant messaging software, but why is it still in the hands of AOL now?"
"Chairman, there are many companies pursuing IQ, but the price charged by AOL is too high. In addition, the impact of the recent Internet bubble has reduced capital's favor for the Internet industry. In addition, the profit prospects of instant messaging software are not very good.
It’s clear, so now iq company is still in the hands of AOL!” Zhang Fan said.
"In this case, are you confident that after acquiring it, you can reverse iq's decline and turn losses into profits?"
Hearing this, Zhang Fan knew that the key to getting Liu Dong to agree to his acquisition plan was whether he could come up with a plan that could perfectly solve these problems!
Of course, Zhang Fan had already prepared for this problem!
"Chairman, the problems with IQ are mainly caused by AOL's wrong business policies. Too many advertisements affect the user experience, and too many feature sets not only affect the opening efficiency of IQ, but also make it more basic.
Instant messaging functionality has been affected!"
"...So, if we take over iq, we can start from these two aspects, delete the search function that is not necessary, reduce the program core of the product, and return to iq's original instant messaging function! Simplify the window and remove the standing advertisements.
Change to advertising when connecting to reduce the efficiency of advertising pop-ups...!"
From the documents prepared by Zhang Fan and his explanation, Liu Dong could see that Zhang Fan really put in a lot of effort to solve the problems existing in iq after acquiring it and allow it to develop better.
However, Liu Dong is not a real business leader. He positions himself as a 'Liu Bang'-type character. He is not as good as Feng Jianhui in company management, and he is not as good as Zhang Fan in terms of understanding of the Internet. But as long as he
Just make these talented business people work for him wholeheartedly!
Moreover, Zhang Fan’s performance in running Qingyang Venture Capital for more than a year also proves that he is indeed a talent with a deep understanding and control of the Internet.
So, after he finished speaking, Liu Dong thought about it and said: "If I agree to your plan, how much will it cost us to take down IQ?"
Hearing this, Zhang Fan was shocked. He knew that his plan was finally coming true, so he quickly said: "It is expected to be between 80 million and 120 million!"
"Are you sure?" Liu Dong asked in surprise.
After all, this is a company worth $400 million when it was acquired in 1998.
"Very sure, Chairman! The Nadusk crisis that occurred in 2000 had a decisive impact on global Internet companies, and now is the time when this crisis has reached its bottom, and the outbreak of the 9.11 incident has severely turbulent the U.S. economy and hindered
It has affected the recovery of the Internet industry, and it has also affected the confidence of capital to enter the Internet industry. In addition, the outbreak of the 9.11 terrorist attacks has also caused the stocks of iq's parent company AOL and Time Warner to fall seriously. I believe that as long as our price is right
, they are willing to sell us the money-losing iq!"
"You lose money? Zhang Fan, what you say makes me very unsure!" Liu Dong shook his head and smiled.
"Chairman, I believe this is an opportunity for us. With the good foundation laid by iq, I am confident that it will become the world's number one instant messaging software!" Zhang Fan immediately assured.
After nodding, Liu Dong said: "I know, if I didn't have confidence in you, I wouldn't have listened to you for so long!"
"So, Chairman, you agree?" Zhang Fan said in surprise.
"Of course, but I don't have that much money on hand now, but I can also guarantee you that at the end of this month at most, I will transfer the US$200 million to the company's account every cent!" Liu Dongdao.
"Thank you, Chairman, for your trust!" Zhang Fan stood up and said excitedly.
"Hey, don't thank me in a hurry. I still say the same thing, I only look at the results! ... In addition, I will give you one year to adjust the company. If after one year, I can't see iq's income or online
If the number of people increases, then I will not hesitate to replace you or sell the company!" Liu Dong said seriously.
Of course, this is also a goal he set for Zhang Fan, and it is also an incentive!
"Don't worry, Chairman, I won't let you down!" Zhang Fan said confidently.
After seeing off Zhang Fan, Liu Dong also started preparing to fly directly from Phoenix to Vancouver!
Of course, after arriving at the airport alone with a backpack on his back, there were very few passengers in the empty waiting hall except for the chatting staff. It was the first time for Liu Dong to see the impact of 9.11 so intuitively.
I'm not that scared, but rather enjoying the emptiness. (To be continued...)