Fight To the Third Generation

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Small days lived, little tofu was eaten.

Su Yehao's life is leisurely and leisurely, and he doesn't want to trouble himself.

The company has not let go completely, but many of the work that should have been done by the founder himself has been assigned to professional managers who have received high salaries. Therefore, several entrepreneurial teams have developed in an orderly manner, applying for registration in half a year. 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 amortized.

Once it falls to a reasonable level, I believe that the valuation given by the market for TAT will rise accordingly.

One of the main reasons why today's venture capital institutions look down on TAT is that compared with investment, the number of users is too small, which is equivalent to spending thousands of Hong Kong dollars to get a loyal user.

In-depth investigation of the reason is actually because Su Yehao keeps improving, and spent a lot of money in the early stage of development to improve the functions of the product, such as flashy personal dress, personal space, various small games and so on.

Barely can be regarded as sharpening knives without accidentally chopping wood.

With several upgrades, users often report that the program is stuck.

After the investigation, it was found that there were too many old computers whose performance could not keep up with the new models, and the speed of many dial-up Internet connections was too slow, which made Su Yehao laugh and cry. He is arranging experts to study a reasonable update schedule and strive to keep users fresh. At the same time, it is only slightly stronger than its peers. .

So as not to play all the cards at one time, it will attract competitors to imitate, and it is easy to ask for trouble.

I heard John Zhou mentioned that some people in the company plan to leave the company to start a business and seek another development in the instant messaging market.

After inquiring and learning that some people had signed a non-compete agreement and a confidentiality agreement, Su Yehao decided to directly kill the signs in the cradle, and let the legal department directly warn that it was not in his interest for a prime minister to be able to punt a boat in his stomach.

...

In a blink of an eye, the University of Hong Kong has just started the Spring Festival holiday.

Together with the two weekends, a total of five days off, Su Yehao booked a private business jet in advance and took Nangong Tian to Tokyo first.

Jiang Yu didn't follow, and decided temporarily to go back to the casino to accompany his parents.

As for Nong Qingying and Yin Liuli, Su Yehao settled in ahead of time and just found time to meet them separately.

This also explains why the leather sofa chair in the cabin is so comfortable, Su Yehao still asked the flight attendant to bring a pillow and put it on the back waist.

Before getting on the plane.

Su Yehao received a call from the secretary of Yahoo's board of directors. After learning that the company's stock price had risen by $70, the board of directors felt that the price of a single share was too high, which was not conducive to the later market circulation, so he decided to consider a stock split.

As one of the major shareholders, the board of directors maintains regular communication with him, and documents are delivered in a timely manner, which has become the norm.

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As early as the end of June last year, Yahoo has implemented a "two shares get one free" resolution, this time the plan is "one get one free".

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 Yahoo's growth momentum is strong, and at the same time it is conducive to the increase in the value of the stock in his hand, of course, there is no reason to refuse.

For example, if you hold one million shares and each share is worth $70, the total value is $70 million.

After 1 get 1 free, the shareholding amounted to 2 million shares, the proportion of the total share capital remained unchanged, the stock price "dropped" to $40, and the total value of the shares rose to $80 million.

Stock splits are conducive to rising stock prices. This is an attempt in the financial circle. After all, the price of primary stocks is too high, which will reduce the investment enthusiasm of retail investors, and invisibly raise the investment threshold.

Short-term fluctuations have little effect in Su Yehao's view.

Anyway, he has made up his mind to hold it for a long time, and he does not intend to throw away the money printing machine until the dotcom bubble may burst.

When you get on the plane, you go to bed. There is no shortage of pillows, eye masks, and earplugs.

After a flight of more than three hours, the Gulfstream business jet landed on the outskirts of Tokyo.

As for the First Quanye Bank, a board member who also serves as a full-time professional board member came to the airport to receive Su Yehao, and specially found two comfortable Mercedes-Benz commercial vehicles for him to use during his travel in Japan. The interior has been renovated and the space is spacious. , the layout is exquisite.

The so-called "specialist" job content is to assist the president in corporate management, and its status is comparable to that of the executive.

Su Yehao himself had already taken out a lot of loans. Considering that he also had a rich father who also cooperated with the First Quanye Bank, it was inevitable that he would be taken seriously.

The gray-haired professional, after simply conveying the goodwill of their president, threw the rest of the work to the public relations department. A middle-aged woman with a young and beautiful girl, smiling all the time. Bow, English pronunciation is quite standard, and communication is barrier-free.

When Su Yehao got into the car, he turned to look at the pretty little publicist.

Seeing this, Nangong Tian jokingly said: "Do you regret bringing me here? It seems that they have already arranged for you, and maybe there is a beautiful woman in a kimono who will wait for you to soak in the hot spring and feed you fruit, enchanting and beautiful. kind of."

"No matter how beautiful it is, can it still look better than you? It's not the fruit you fed yourself, it's 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 look good, you can say that you are familiar, but a man is really unreliable..."

After teasing for a while, as the car set off, Nangong Tian's attention shifted to other things, planning to go shopping in Ginza, find the best restaurant in Tokyo, and look at Tokyo Tower at night.

Speaking of her understanding of this place, she mainly learned it from "Tokyo Love Story"~www.wuxiamtl.com~ It is said that she had seen it when she was in junior high school, and she cried so much. It's a pity that the male and female protagonists couldn't be together.

Su Yehao had a general impression of this place, he just went out for a walk with a tourist mentality, and by the way, he took a little bit of research to learn from his competitors.

Whether it is the home appliance industry that is about to raise funds, 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 time to deal with it. It is definitely right to know in advance.

Looking at the travel brochure, the bank has formulated a detailed itinerary for Su Yehao's needs.

After shopping in Tokyo today, I went directly to the hot spring hotel at the foot of Mount Fuji in the evening, and tomorrow I visited the headquarters of No. 1 Commercial Bank, as well as three household appliance manufacturers in Tokyo. kind of financing.

The day after tomorrow, I will set off for Sapporo, continue skiing, soaking in hot springs, and inspecting companies that manufacture home appliances.

Japanese banks are accustomed to providing customers with consulting services, including development planning, data collection, auditing and restructuring, and so on.

Before formulating this schedule, someone had communicated with Su Yehao. At this moment, he also listed a lot of corporate information in traditional Chinese, which is thick and thick, covering finance, real estate, hotel, Internet, etc. It is estimated that he wanted to take advantage of the opportunity. Let Su Yehao buy or provide funds to strive for a win-win situation for all parties.

Without exception, the companies listed in the data are all customers of First Quanye Bank, and some still owe the bank loans and cannot repay them.

Knowing what the bank's people were thinking, Su Yehao didn't mind. Instead, he was very interested, and with the wonderful mentality of Taobao Nuggets, he carefully read these materials...