Rich to the third generation

"They dropped 10,000+ US dollars in one breath, and they promised so readily."

Su Yehao said.

After the negotiation ended, an agreement was directly signed, which means that the transaction has basically been completed, and the patented technology will only be delivered after the loan is released.

Some talents from the original company will also be included in the tat R & D center.

The current search engine name is Kasos, Su Yehao thinks it is not very good, thinking of changing it to "tvt" or "tot" or something like that, using emoticons to create a brand image and deepen the impression of users.

John Zhou hesitated for a few seconds, and finally told:

"As I mentioned before, they once received US$100 million in financing, but unfortunately the product did not develop in the end, so investors had to withdraw their capital at a low price and transfer the shares to the founders. In fact, if you insist on killing US$30 , They probably will agree, look at how refreshing they are when signing the contract, Silicon Valley now has thousands of entrepreneurial teams, and finally they can cash out at a price of more than 30 US dollars and leave, it is considered lucky to meet us."

Su Yehao was just happy, not caring about gains and losses of tens of thousands of dollars, and asked with interest: "I spent 100 million dollars in it, why do you think it didn't develop?"

"What else could be the reason? On the one hand, the influence is not enough, and on the other hand, the money is not enough. It costs too much to use 100 million US dollars to promote and only burn a few thousand users. There is Yahoo on the top, and several companies occupy a large Market share, if you spend another [-] million US dollars, maybe the Kasos search engine will be successful, but no one is willing to gamble. If you have money, you would rather invest in a successful company. The [-]/[-] rule is especially obvious in the Internet industry, where winners take all most market share."

John Zhou smacked his lips after speaking, and continued:

"You use your own funds, so you can't feel it. In fact, this market is very realistic, and the cost of trial and error is too high. Once it is initially proved that it is not good, all investors will choose to give up. For example, the Kasos search engine, get After $100 million, no one dares to invest in it anymore, and the retained users are too few. A user spends $[-], and in the end it is very likely that there will be no pants left.”

Su Yehao suddenly realized, and nodded with a vague understanding.

John Zhou is right, Su Yehao has money himself and does not need to go to the market to find investment funds. His previous contact with Silicon Valley was only investing in Yahoo and Amazon stocks.

He really knows too little about the "eco-environment" where the jungle of the jungle preys on the weak in Silicon Valley. The inland market he is targeting is like an undeveloped new continent. It has not yet directly collided with and competed with Silicon Valley companies. Only wps and Microsoft's word wrestle.

Mentioning Yinhai's wps file, Su Yehao is planning to further reduce the price. By injecting 1000 million interest-free loans to Yinhai, he will cooperate with other shareholders to try to make the office software free and open, divided into "simple version" and "full-featured version". There are two types of editions, the latter priced at no more than ten yuan.

After all, whether Yinhai is making money now is not important to him as a major shareholder, and the key is to seize market share.

Since he has made a lot of money in the stock market, it has undoubtedly given Su Yehao a strong confidence. The investment of tens of millions of Hong Kong dollars does not need to be too entangled. Compared with other entrepreneurs, the advantages are obvious.

At this moment.

Su Yehao told John Zhou: "It's the holidays here in the United States. There is no way. You remember to take the product back and give it to the team in Hong Kong City to modify and improve it as soon as possible. The sooner you enter the mainland market, the better. I will hand over the registration of new companies and other things. Do it for someone else, let’s call it tot.”

"...tot, what a strange name again."

"The name is not important, as long as it can be remembered."

Su Yehao changed the topic: "By the way, Lao Zhou, you've been busy recently, and I've noticed it. When I go back, I'll ask the financial department to transfer a bonus to you in private. Next year, your salary will be raised to 70 Hong Kong dollars. Work hard."

The company is small, and it is difficult to recruit well-known managers. Even if they are recruited, they may not have a tacit understanding with John Zhou.

In order to control costs, some bosses like to raise salaries by recruiting new employees instead of promoting internal old employees. Su Yehao doesn't think so.

In his opinion, as long as the direction of exploration is right, the management's abilities are only the same. Compared with the smart people with personality, obedient, reliable, and conscientious are the focus of Su Yehao's concern.

With a full budget, there are only more than 100 people under him, even if all the salaries are raised, the cost will not be too high, and there is no need to worry too much about management. After all, it is just a small company that has been developing for half a year...

John Zhou has some local friends.

After leaving the R&D center, he took Su Yehao and Yin Liuli to visit other companies.

Unlike ordinary retail businesses, people are inseparable from the backstage, so even during holidays, there are staff on duty staying behind so that you won’t be stopped outside the door.

next to the road.

Su Yehao saw many familiar signs, including IBM, Apple, Microsoft, Hewlett-Packard, Oracle, etc., and Yahoo, which he invested heavily in, also had advertisements saying that they were recruiting with high salaries.

As a major shareholder, it is inevitable that there will be an urge to go to Yahoo's headquarters.

Hundreds of millions of Hong Kong dollars in assets are all on Yahoo. After all, it is the eighth largest shareholder at present, and it will never be swept out.

Su Yehao's name has been rising steadily in the list of major shareholders disclosed by Yahoo. In fact, his shareholding has not changed in the past two months, but other major shareholders took advantage of the opportunity of stock splits to cash out part of the stock, which led to His name moved up one more place.

Since Yahoo went public, its stock has soared. At present, its total market value has exceeded the threshold of 30 billion US dollars. Some people feel that they have earned enough, so it is not surprising that they choose to withdraw their capital.

Looking at Yahoo's profits alone, it is obvious that it cannot support a market value of 30 billion US dollars, and its price-earnings ratio is surprisingly high, far exceeding many established listed companies.

The view that the Nasdaq market has a serious bubble has existed all year round, and some people really believe it.

There are also people who have been short all the way, losing money until they have nothing left in their pants, and they still have no change in their thoughts of looking down on the Internet. These people are often over 40 years old, their concepts cannot keep up with the development of the times, and they can't see the future at all.

Su Yehao bought Berkshire Hathaway's stock at the end of March, and then sold it as soon as possible. It was also because the old stock god was outdated in his opinion and couldn't keep up with the fast lane of getting rich overnight.

It is safe to attach importance to value investment, but ultimately missed the opportunity for development.

After more than an hour, he inspected two small companies one after another, but did not meet any investment targets that made Su Yehao's heart beat, so he casually asked about Jobs and Apple.

From John Zhou, he learned that Jobs had just returned to Apple last year, and he became the CEO of Apple again a few years after being kicked out of the company he created himself.

This was about the same time as Su Yehao remembered. Apple was still half dead. It had just been invested 5000 million US dollars by Microsoft and hadn't produced any decent products yet.

It's amazing to experience these old almanacs in person.

After all, Su Yehao went to Yahoo. After identifying himself, Yahoo's chief operating officer personally led him to visit the company.

Said to be a shareholder, but everything seemed very strange.

It was originally just to invest and make money, and it was difficult to find a sense of identity and belonging.

Instead, Su Yehao has been thinking about poaching people, finding some experienced talents to work for him, trying to kill Du Niang in the cradle...